Re: Predicting a real rise in 2nd half of 2018

Quote from: BattleZeo on July 16, 2018, 04:27:19 PM

Quote from: Davil on July 11, 2018, 02:15:15 PM

I've seen many threads asking whether there won't be any bull run in 2018, when the right time to buy, predictions for two years...

I really think that we're heading to a trend reversal in the next weeks and months. I agree that the market was totally overbought on January, but I think too that it's oversold right now. So many dumpers have been selling low their coins to whales and they're so concentrated right now, that in any moment they will trigger the market with a big green dildo or some really bullish news and everyone will go on a frenzy like last year's FOMO.

Just take a look at the distribution of the coins: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

For example, for Bitcoin, the 90% of all the addresses hold nowadays just the 3% of all the coins. Another fact is that almost 90% of the Bitcoins are in addresses of 10 or more BTCs, and these real sharks/whales with 100+ BTCs are accumulating more and more.

Is everybody selling out on fear of cryptos going to zero and not realising that now is the moment to buy and not to sell?

What do you think? Do you agree with the predictions?

there is always someone who cannot wait to sell altcoin when market is bleeding. But this is how market works. They dont get it.

I'm feeling non-sense thing after seeing what have you been talking about.
You don't get the OP's point about that, in fact the majority of bitcoin address that hold more than 90% of bitcoin supply never try to do any activity about that. I remember about someone who lost more than 30k bitcoin caused by his HDD was broken.