Quote from: 1Referee on January 12, 2019, 08:35:55 PM

Quote from: Halmater on January 12, 2019, 07:20:49 PM

For a 50% raise, we must have a good news or an interesting story that could persuade majority of investors and potential buyers.

Good news pumping the price during a bear market? Good luck waiting for that. On top of that, every quick increase will be tanked back to where it started at, so don't hope for miracles to happen any time soon. The same applies to people hoping for a massive short squeeze to pump the price. People fail to understand that short squeezes don't represent actual demand, and thus will be sold back down quickly.

I like how there is nothing at this point that will make the price pump hard. It makes people get used to this side of the market, and helps them understand that 2017 was something out of the ordinary, and not a normal happening in crypto. People who entered in 2017/2018 legit believed that crypto could only go up in value, lol. Cheesy

I believe more with each day that news has very little bearing on the crypto market. At least in the short term. Anyone hoping for a increase in price is foolish to wish for a quick rise because that will only lead to 2017 all over again and that is not healthy for the continued success of bitcoin. 2019 is likely going to be largely sideways and that's not all that big of a negative. It allows time for people to focus on adoption and use rather than purely being fixated on bitcoin as a dollar investment.