Post
Topic
Board Announcements (Altcoins)
Re: DREAMR - The First Platform For Dream Manifestation
by
nwosuchristabe2
on 27/10/2019, 09:41:36 UTC
Today’s cryptocurrency market looks bullish. I guess it’s the announcement from President Xi and the Chinese getting a feel once more, or the season, or probably the new Eth 2.0 launch.
Btw, whatever it is, it’s a good time to buy cryptocurrencies and more especially at the crowdfunding stage.

What President Xi announced? Can you share link here?
I think ETH 2.0 will benefit only ETH not to other token. I see all crytpo coins and tokens going up so this is something different.

Here’s what I found. https://www.coindesk.com/president-xi-says-china-should-seize-opportunity-to-adopt-blockchain?utm_source=share&utm_medium=ios_app&utm_name=iossmf
I don’t see this to be much an influence on the total market cap, but there has to be some kind of catalyst.

Yes. I think so too. I think he mentioned the blockchain word and the market read some more meanings into it.
Btw if the market gets hold of this and stocks to it, and with Ethereum 2.0 coming soon, we’ll have a bullish Christmas like 2017.

It would be superb to have a bullish Christmas again, I was humbled by the increase movement which gave over 40% increase in less than 24hrs. It reminds me of the market increase which we experienced in 2017. The increment brought the cryptocurrency space to limelight and several persons joined the train.

That’s right. Given the time, cryptocurrency wasn’t so much in the media. It was more than an experiment because it still had a pretty high market cap and a good number of mining companies and holders as well, but bitcoin bullish move back then put it on the media.

I recall the bitcoin increase of 2017 was well publicised across several blogs and information medium in my country. I can remember vividly, a headline which stated that bitcoin was the most practising currency for the year with a increase of over 4000%. Many investment analysts advised the public to take advantage of the cryptocurrency market and share in the massive returns. It was like everyone wanted to join the moving train.

I agree with you, bitcoin on the media made a huge impact to the popularity of Bitcoin and several persons joined the industry. I remember selling a great number of altcoin for fiat as there was a trending mindset that altcoin could give a much higher returns since the price was cheaper and one could purchase much more. It was logical because when there's a substantial increase in the value of altcoin, the returns would be massive when one was able to purchase in larger quantities, thus benefiting from the multiplier effect.