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!).
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.
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.
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).
Hmmmmm anyways hope everyone's holding in there!! This bear market feels like its gone on a century already
If the only thing you want is for the market to recover then there is not much that is needed just wait and this will happen eventually now if what you want is for bitcoin to reach even higher prices then I think we will need a similar announcement like what we saw some months ago when segwit was finally activated, fortunately the developers are working hard in the LN which will make the price of bitcoin to grow once it is fully tested and activated.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!).
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.
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.
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).
Hmmmmm anyways hope everyone's holding in there!! This bear market feels like its gone on a century already