Quote from: leyton11 on July 02, 2017, 03:43:42 AM

Quote from: wenzuo on July 02, 2017, 03:01:38 AM

i think there should be a symbol that the bear market come, i don't know the reason why do almost all the coin price include btc and eth do down

Yes, I can sure 100% July is bearish market and we can see in next time the price of crypto will comeback to real value as 6 months ago, next time will prove my idea is true, wating Wink

I quite think the same. Crypto and altcoins surged lately. Most of the newcomers saw Bitcoin price constantly increasing for the past few months and started to invest in it to gain profits. Then bitcoin stop increasing around the end of May. It went down to 2000$ and lot's of people thought it is ok, bitcoin will go up even more (because the 6th of Mars 2017 bitcoin was around 1270$ and the 24th of Mars 2017 it went down to 981$ or something and yet, bitcoin still went up to 2725$ on 25th may of 2017). Now for the past months bitcoin went up and down with most likely a downwards trend. It is quite normal actually. The trending phase has ended. Most of the lately newcomers are not willing to lose lot's of money and so are leaving crypto with their profits. Of course, altcoins suffer the most from the downwards trends. Bitcoins prices surges and so early adopters of cryptocurrencies (and newcomers that really makes the effort to look into crypto and not only bitcoins) started to invest in altcoins to gain even more, profits (because it is easier to double a 60m$ market cap then a 20b$ market cap...). Yet the bubble kind of explode a little bit (plus the ICOs that spread the money and hence avoid us from making any profits).

All that putting together, newcomers will retire from bitcoin very quickly because they are the ones that have the most to loose. But, as they left crypto world, other people will start to loose money and so... a reverse downwards trend. Moreover we are in summer so lot's of people will enjoy holidays or whatsoever so during summer crypto world aren't moving up that much (on the contrary). To sum up, crypto will go downward because

- newcomers will quit to avoid loosing money
- we are in summer so markets won't likely grow
- altcoins are more affected by the downwards trend
- people are too greedy! The first rules of speculation is that you are ok with loosing the money you are investing... newcomers don't follow that rule and are too greedy

All, in all I think bitcoins won't decline too much because people will either exchange their altcoins to bitcoins to reinvest in alts afterwards or simply from bitcoins to fiat. In either of the two ways, the market will likely decline for a while, but it is for the goods, it will sweep off uninteresting projects and it will remain only good altcoins with good projects to invest in and so the moneys won't be spread over too many project and the marketcap of the goods projects will finally surge back.

Something like that...