Quote from: amdempse on June 29, 2018, 08:53:48 PM

Hi everyone!

Just wondering what everyone's opinions are on what's needed for Bitcoin to recover and another bull run to occur? I'm very bullish in the long term but I personally don't see a recovery happening in the near future (although I might be wrong!).

Hi, what you said was confusing.

You are bullish in the long term but you don't see a recovery in the near future? that contradicts your belief and what you are saying.

Quote from: amdempse on June 29, 2018, 08:53:48 PM

There's so many ICO's and random crap projects popping up left right and centre. I really think this is sapping money from the market - money that could be going into large cap coins such as Bitcoin to drive the market forward.

This is a free market, free economy but all of those ICOs and projects are still depending to bitcoin. When their investors and holders decided to dump that coin, they'll sell it for bitcoin.

Quote from: amdempse on June 29, 2018, 08:53:48 PM

Will institutional money come in? It's something I've seen thrown around but I feel most people don't even know what that means.

IMO, we'll see them come soon.

Quote from: amdempse on June 29, 2018, 08:53:48 PM

I think we're going to have to go to the depths of hell in order to get a super strong bounce to move forward ($5K mark........maybe $4K mark).

Some said about $4,000 too but I'm not going to ride that speculation. $5,800 would be the bottom for this season.

Quote from: amdempse on June 29, 2018, 08:53:48 PM

Hmmmmm anyways hope everyone's holding in there!! This bear market feels like its gone on a century already Cheesy

I guess it's not only the crypto market that's on a bear market now.