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Showing 20 of 682 results by Lmaooo
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Board Altcoin Discussion
Re: Which coin you hold for Next Bull Run
by
Lmaooo
on 20/12/2021, 23:57:35 UTC
Today 15 October, Bitcoin crossed 59000 usdt and we are waiting for Next Bull market, and all Buyer already fill his bag with Altcoin. I want to know that share your best Altcoin that you hold for Next Bull market.         
Well, for me, first I'll consider HODLing Polygon MATIC and a few upcoming Ethereum layer 2 scaling altcoins such as zkSync, Optimism, and Arbitrum. then metaverse coins such as Decentraland MANA, Sandbox SAND, Illuvium ILV, Gala GALA, Axie Infinity AXS, Star Atlas ATLAS, Alien Worlds TLM, AND
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Topic
Board Altcoin Discussion
Re: Your opinion, NFT last long or not ?
by
Lmaooo
on 20/12/2021, 23:51:29 UTC
Many things are difficult to predict, today's NFT looks promising of course many people think that NFT can last for a long time, I don't want to be stuck with predictions like that, as long as this can be profitable then we take advantage of it, but if tomorrow NFT dies then I won't too regret.

The truth is that I do not believe that NFT will die, for now NFT is going through a state of crisis due to the number of NFT games that have turned out to be big scams, but this is because of the devs themselves and investors who do not do enough research and they get carried away by what a youtuber or an influencer on twitch says when we all know that they are paid to speak well of their projects without even doing the relevant research, they only care about the money they pay them and now, in this case we have many more hopes for 2022 because the metaverses are coming which are much more promising and will go through other networks such as Solana, Polygon among others that are cheaper.
Of course, there are new opportunities always in the cryptocurrency market. After Axie Infinity's success then we saw the new trend of the rise of the Metaverse coins such as Decentraland MANA, Sandbox SAND, Gala Games GALA, Mobox MOBOX, and Illuvium ILV. With big tech companies such as Facebook renaming their parent company to Meta yet comes the rise of the Metaverse ecosystem
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Topic
Board Altcoin Discussion
Re: Will BNB become the king of all coins
by
Lmaooo
on 20/12/2021, 23:44:56 UTC
Personally I expect that at some point BSC will lose its leadership as the best EVM blockchain and if you look at https://defillama.com/chains you can see how BSC has only been losing TVL since March.
Also don't forget that the network has recently worked poorly and it's far from the fact that this wont happen again.
I agree with your point. In fact, BNB as well as Solana are experiencing major network congestion problems, they have traded off (most block confirmations) the nature of security to increase performance.vLower block confirmation means it will be more centralized, which is a big vulnerability for users.
I think that BNB might not be able to keep the top 3 in the market if a bigger boom and L2 roles are becoming more and more important like Avax or Polygon. Any compatibility has to be implemented, which is a higher level of competition for user preferences and needs. 2022, could be the big game in Web3...
Nope! Ethereum ETH is already the king of altcoins then followed by the Binance coin BNB. A lot of new projects still believe Ethereum is their best option for launching their projects because the Ethereum blockchain is more secure, decentralized, and has a bigger community, user base than Binance coin.
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Topic
Board Altcoin Discussion
Re: Altcoin investment
by
Lmaooo
on 20/12/2021, 23:38:53 UTC
I have some capital and I will like to know the right token to investment in. Am new to NFTs and will love to get your opinion on which NFT to buy for a short term base.
There are many NFT projects available today, almost 50% of NFTs have good projects, you need to study first if you want to invest, to find out which NFT has good prospects, assuming short-term investment as the pattern you choose, but not investment can be made if there is no strong reference source, to support the decision to choose investment in NFT, this is not what I can describe specifically for NFT, considering that not everyone has the same level of trust in one project.
It must be borne in mind that NFT projects can turn out to be an investment with a lot of risk, I have seen emreger projects until their currency reaches levels never before reached, and they generate a high profitability but then a bad calculation on the part of the devs and they start to extract money from the same game and they begin to kill it, it is true that the only interesting game that is still maintained is AXIE, although it is a game that its SLP is far below normal, the gains could be given in a way passive but that requires effort to achieve it, this is due to the number of drinks, the level of study of each axie and their respective ability.
I think the NFT ecosystem is not as vibrant as the Metaverse ecosystem because the metaverse combines both NFTs (non-fungible tokens) and AR (augmented reality). Big tech companies and investors are now focusing more on the metaverse than NFTs. By the way, buying NFTs is a big risk if you don't have the experience because unlike cryptocurrencies you'll struggle in trying to sell them.
Post
Topic
Board Speculation (Altcoins)
Re: October and December are the months of Crypto ???
by
Lmaooo
on 19/12/2021, 23:59:02 UTC
Do you think October and December are the months of Crypto and BTC?
Definitely November i guess
Post
Topic
Board Speculation (Altcoins)
Re: Altcoins to invest in right now
by
Lmaooo
on 19/12/2021, 23:57:25 UTC
Which altcoins would you select to invest now?

Mine are:

EOS
Alpha
Mantra
Cartesi
Siacoin
XRP
Reef



I think the best altcoins to buy right now are Metaverse coins and here is the list of best Metaverse coins to buy at the moment.

1. Decentraland (MANA)
2. Sandbox (SAND)
3. Gala Games (GALA)
4. Axie Infinity (AXS)
5. Alien Worlds (TLM)

These are major Metaverse coins to buy because they are the biggest in the ecosystem that means less risky to invest than the new ones.

As I mentioned earlier in the post above I think the Metaverse are the best altcoins to invest at the moment because many big companies such as Facebook and Twitter are investing in to Metaverse.
Post
Topic
Board Speculation (Altcoins)
Re: Altcoin To Buy Now?
by
Lmaooo
on 19/12/2021, 23:52:57 UTC
I think the best altcoins to buy right now are Metaverse coins and here is the list of best Metaverse coins to buy at the moment.

1. Decentraland (MANA)
2. Sandbox (SAND)
3. Gala Games (GALA)
4. Axie Infinity (AXS)
5. Alien Worlds (TLM)

These are major Metaverse coins to buy because they are the biggest in the ecosystem that means less risky to invest than the new ones.
Post
Topic
Board Speculation (Altcoins)
Re: I have 1000 usd , where to invest ,
by
Lmaooo
on 19/12/2021, 23:46:48 UTC
it's true that cardano is developing at the moment, but I think it's too risky to buy now because the price is increasing, it's better to wait when the price drops to $1,

That hesitation sometimes leads to a fail rally and leads to regrets and disappointment.

Take advantage of the price dip today and Cardano at its current price can be considered a good entry. After all, what's next for those who will buy today at the current price is to hold for long.

We have different views but we need to trust our own analysis and not just refer to others' plans.

I highly recommend to invest in Cardano (ADA) now while it's on the dip, we can't know for sure if this is its maximum dip before it recovers. This one is a good advantage already, take advantage of it while you can, if I were you. It's okay to hear other's plan if you really think you need some 2nd opinion on your plan or analysis. But sometime, we just need to have that courage to trust on our own instinct because at the end of the day, we're on our own. The only disavantage of keeping on hearing other's ideas is you would probably mess up your own plan and might lose in the future.
We can't deny it because sometimes people listen too much to suggestions from other people that don't necessarily suit them so this will have an impact on doubting their own plans or decisions, after all we must still do our own research to determine which coin to choose as an investment
I think the best place to invest your money is in Metaverse altcoins because it is a gold rush at the moment. Many companies and investors are now flocking to the Metaverse ecosystem because it is still in early stages just like bitcoin in 2012 or 2013. Imagine investing in bitcoin in the early days when bitcoin was selling at $200 or 300 in 2012? If you are still HODLing up to now you are going to make a lot of money by now.
Post
Topic
Board Altcoin Discussion
Re: Top Cryptocurrencies to invest in 2022
by
Lmaooo
on 19/12/2021, 23:38:36 UTC
There are many popular crypto is now available in crypto market. Not all of these are suitable for long-term investment. Choosing a good token for investment is also a matter of many qualifications. So I hope everyone's important opinion.

Which of these currencies would you choose as a long term investment?
I think, Only Bitcoin, Lite Coin and Binance Coin are suitable as long term investments.
I guess that metaverse ones will probably the ones that get the attention this year. Sand, Mana, also Axie will probably get some renewed attention as well, even enjie could get some extra attention this year. The biggest ones in my mind is Mana and Sand to be honest they are really looking like they could take off any moment. They could go for another 10x and it wouldn't even be that high on the rankings, which is why there is a room for improvement for them.

Imagine getting into NFT world for the first time before anyone else, or honestly just bitcoin, that is the type of profit we are talking about here. I am guessing there could be some 100x chances with the NFT's involved in them as well, the main token will definitely increase at least 10x if everything goes alright, but we will also have a lot of stuff in the metaverse that we will be able to get early and sell for very high prices.
I think the top cryptocurrencies to buy in 2022 are the metaverse altcoins such as Decentraland, Sandbox, Gala, Alien World, Axie Infinity, Star Atlas, and more. The metaverse ecosystem has huge momentum at the moment, the metaverse ecosystem is expanding rapidly since the day Facebook rename its parent company to Meta. I believe Metaverse has a huge potential and a very big role to play in our lives in the future. 
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Topic
Board Speculation (Altcoins)
Re: Is the cryptocurrency market entering a bear month?
by
Lmaooo
on 19/12/2021, 23:25:08 UTC
Yesterday, I was reading an article which was stating the reasons for the recent sell off of bitcoin which in turn, has affected most altcoins as well, though I currently can't remember the website where I was reading this article, but personally, I think that what also contributed to the sell off is the festive season coming up, it is common sense that people are gonna need money to spend in Christmas and new year, for those who don't have extra, they are likely to sell off some part of their crypto holdings to enable them raise money for this festive period, am assuming that as soon as we enter the new year, as from middle of January, by then, we can tell for sure if we have slipped into a bear crypto season or not.
It's always the case when there are celebrations that are about to come, there's always the sell offs and the whales are riding it on. We'll see it then by next year if there's a call for entering the bear market. But if not, there's no need to worry and if we see these points are good for buying.
Hopefully the others too, because if they don't then that means that they're not seeing that buying opportunity.
It seems like this December is the bearish one because the entire cryptocurrency market is not looking convincing. If you look at the bitcoin and altcoins market prices you may notice their prices are all going down except a few lucky ones indeed. I think the major reason behind that was the massive sell-up by the investors before the Christmas holiday. 
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Topic
Board Speculation
Re: Bitcoin makes new ATH. More ATHs to come shortly.
by
Lmaooo
on 18/12/2021, 23:56:32 UTC
But also the effects of the new covid-19 strain which really put a dent to all financial markets around the world. Maybe the critics of S2F modelling are now mocking it because we are far from it's prediction of 6 digits at the end of the year, maybe because it didn't take into account this kind of events (mt. Gox and then Omicron strain). But it is what is it, bitcoin is very volatile but it's good if we are going to end around $60k-$70k at least.

Nobody knew the unexpected events such as Omicron coming back in our lives as a new variant, while vastly making it impossible for everybody to go out and freely do what they want to do, and this will also let the markets fall once again after omicron gets detected all over the company.
Really hard to go straightforward if we do see these events that do affect globally then we could really presume out that the market could possibly fall which it is something a big probability to happen but these fundamentals doesnt really mean that we would crash but
to see on perspective on which this could again affect world economic state and since we are dealing with market
then its undeniable that it could make out some effect.

negative issues made hopes of a new ATH vanish in December this year. Everyone's hope of breaking through to the highest price became the latest dream for novice investors which was not achieved. today the price of bitcoin is back to $56k already down from before the price of $57k.
We should know and be aware off that current ATH's didnt really happen on month of December. Why people do always keep on telling about last months of the year? For sure it would really be changed again once we do able to fail on having significant movement on month
of December on last year.Those impressions would really be changed and we would really be hoping orwaiting on mid year for sure.
It is just we cant really forget into those events that happened that give out that unforgetabble moments.
Yes, in 2022 we are expecting the bitcoin price to make more new all-time highs. if we look back at this year 2021 we witnessed the bitcoin price making several new all-time highs and we hope to see more in the future because the bitcoin bull market is not yet over. if the bitcoin price can manage to do at least 4x before the end of 2022 we will see bitcoin price at $200,000+ which is going to be a very good year for bitcoin if that happened indeed!
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Topic
Board Speculation
Re: Bitcoin is getting more bearish, what is the trigger?
by
Lmaooo
on 18/12/2021, 23:48:08 UTC
At this time it is suitable to buy bitcoin, considering there is a correction that occurs in a few days, but in conditions like this we can take advantage of short-term investment patterns
I am not sure if it is a good time to buy Bitcoin since there is a rumor that Bitcoin possibly drops to $42k. In my personal opinion, if we want to buy Bitcoin, wait till the Bitcoin drop below $45k. Considering the current price is around $48k, better to keep waiting and learn how the possible market trend in the future. Honestly, I stop buying now, I assume it is too risky buying Bitcoin with the current market condition.


Well if that is the case then bitcoin will be very cheap again.

However, I doubt that it will drop to $42k, the support along the $45k is strong, unless there is really a news that will test the market again to the near $40k'ish level. It's going to be scary, but hey if you are here for the long term then it's a great advantage to see the price very cheap and at a discount.

On the contrary, this is December and history a good month for us to rally and see the price going up.

The news printed by bitcoin news media and the mainstream media only come after the pump or the dump. It is never before the pump or dump occurs. Also, much of the news they publish are clickbait or an altered version of the clickbait.

In any case, the dump might only be another funding reset caused by the whales, similar to what occured on September. I speculate bitcoin’s bubble to burst during the super bowl on February 13 hehehehe.

I think the major trigger for the bitcoin bearish market this December was the massive sell-up by the investors before the Chrismas Holidays. The cryptocurrency market has a strong momentum before the second and third week of December. Once we entered the second week of the month then the market starts crumbling due to the massive sell-up by the investors, they are just cashing out their books and also making prepares for the next year 2022
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Topic
Board Speculation
Re: Bitcoin will rise or fall.
by
Lmaooo
on 18/12/2021, 23:38:54 UTC

Bitcoin price is unpredictable most of the time unless there is good news regarding the cryptocurrency ecosystem such as Tesla accepting bitcoin or Walmart accepting bitcoin. Positive speculations about bitcoin make the bitcoin price go upward and also the negative speculations make the price go downwards. Normally in December, the bitcoin price went up in the first week before investors start cashing out before the Chrismas Holidays.
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Topic
Board Speculation
Re: Will BTC reach $100,000 in December?
by
Lmaooo
on 18/12/2021, 23:16:12 UTC
In my opinion, the price of bitcoin seems difficult to reach $100k in December because after experiencing a decline in the price of the last few weeks, the price of bitcoin is still not showing a significant increase. Therefore, maybe in December the price of bitcoin will only reach $70k especially now that it has entered the end of 2021.

to reach $70k by the end of the year there seems to be hope, although it is very difficult to happen.
today the price of bitcoin fell back below $50k and I hope that $50k is no longer a resistance line that is difficult for bitcoin to break. if this happens again of course the price of bitcoin will be stuck below $50k for quite a long time and the chance to reach $70k by the end of the year is getting smaller.

By looking at the current situation and by assessing the time that left before December ends, maybe we won't be seen
Bitcoin touching more than $70k not unless big players will come up and start pushing the market up. So far, the pressure.
still on the selling side and even there are holders who continue to strongly holds, fear is starting to draw attention.

Long-term investors can take this situation as good opportunities, while day traders need to assess deeper to avoid
having certain losses.
Because most of my friends believe that BTC reached 100,000 US dollars in December, so I want to discuss whether this is true Grin

December 2021 is almost over perhaps we may look for the new bitcoin price all-time high in early 2022, the first quarter. Bitcoin made the last all-time high of ~ $70,000 in mid-November 2021 and now we are in December where many investors are cashing out their investments before holidays. Bitcoin price reaching $100,000 this December is almost impossible because bitcoin price is currently struggling at $50,000. 
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Topic
Board Speculation
Re: What is your opinion on recent bull market, will it be over soon?
by
Lmaooo
on 18/12/2021, 23:07:04 UTC
I think the crypto market is currently entering a bearish phase where the prices of bitcoin and altcoins have experienced significant price declines over the last few weeks. However, even though the crypto market is bearish, this condition will not last long and the bitcoin market will be bullish again early next year.
I would not say that a bear market has come even though it is week 5 the bitcoin price has corrected from ATH $69K to a price of $47K. We can still expect a similar bullish pattern on the bitcoin price before it reach the end of the year, but we are so close to the end of the year that we only have 16 days left from now.

It is true that there is little doubt about the next bullish move in the near term, but no one knows what will happen in the rest of December even though the bitcoin price is currently undergoing a correction. At least $40K support can still be expected to hold during this panic, so we can still hope for further recovery.

If this is not a bear market, then what it is then? Correction during 5 weeks? I wish to believe in this, but it is hard to do it. As soon as the Bitcoin price recovers a bit during a day, after lunch it starts to drop down again. Bears are pushing it down and encourage people to sell, especially before Christmas and New Year. I believe that we have fully entered a bearish trend, completely skipping altseason in 2021. I think we are repeating Spring 2018 cryptocurrency steps right now.
I don't think the bull market will be over soon because the cryptocurrency market have a strong momentum up to now. If you look at the cryptocurrency market capitalization via Coingecko or Coinmarketcap you may notice the entire market capitalization is above two trillion dollars that show how strong the market is and perhaps in the future we might see a huge uptrend that may skyrocket the market capitalization up to three trillion dollars or more.
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Topic
Board Speculation (Altcoins)
Re: Is it the right time to invest in cryptocurrencies?
by
Lmaooo
on 12/12/2021, 22:18:15 UTC
I always make Bitcoin and some of the top altcoins my top choice for investment. Because it is proven that investing in Bitcoin and top altcoins is
easier to make a profit. Moreover, if the price of Bitcoin and top altcoins falls, it usually recovers much faster. We should not take the risk of investing
in new coins, because the risk is very high and can make us lose all the capital we have. It is very important to choose the right coins for
investment, choosing the wrong coins will not only make us lose the opportunity to make a profit. However, choosing the wrong coins can make us
suffer losses too. To be more sure our coin selection is good, we can do analysis and research first.
Analysis and research can help us determine which coins can be a good investment, whether it is for the short or long term, because so many coins at the market can tempt us to buy many coins, leading us to buy the wrong coins. Bitcoin will be our main investment, while the altcoins can be our secondary investment so you can expect to have revenue later. Investing in new coins is not advisable as there is no guarantee that the coins can survive like the other existing coins. Besides that, we can skip the new coins to buy although many people can make a big profit because I think they are lucky to get the coins. If you can deal with the risk, you can try to follow them but you should remember that it is hard to select the new coins as the investment.

There are indeed a lot of good coins right now that we can buy, because now the market is still experiencing a decline, so we have a large
selection of coins to buy at low prices. But besides we have to choose which coins are worth buying, we also have to be able to separate which
coins are for the long term and which are coins for the short term. It is very influential for the profit that we will generate in the future.
Regarding new coins, actually, if we believe in the results of the research and analysis that we do, there is nothing wrong with trying  to invest
in new coins. But we must be prepared with a high risk of investing in new coins, and most importantly, if we want to invest in new coins,
we must sell it immediately if we are already profitable. Because it is too late to sell new coins, we will be stuck in these coins for a long time.
Before we select the coin, it is better we calculate the money and not use all of the money to invest in the coins. Although the market is down, we still need to analyze deeper and not just buy the coin because of other people suggestions. In this downtrend, those coins tempted us to buy but we need to be wise to select which coins that we think will increase in the short or long term and do not buy many coins if we can not manage.

Maybe the new coins can be our short term investment so once the price increase so high, we should sell it before it is late. We can buy back the coins when the price is down because sometimes the price can down too deep.
I think it is always the right time to invest in bitcoin because even if the bitcoin price falls from the day you invested in bitcoin if you HODL and wait for a few days the bitcoin price will recover and even make some extra profits on top of your initial investment. Investing in cryptocurrency requires wisdom and the ability to close eyes from the market for a while, if you don't have patience and wisdom to HODL you are likely to lose all your investment in a matter of days.
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Topic
Board Speculation (Altcoins)
Re: Can $SOL rise to $1000?
by
Lmaooo
on 12/12/2021, 22:10:25 UTC
For $500 maybe next year,
Today I checked the tkp (coin market cap)
  • Indeed Solana didn't follow when bitcoin was bearish, she(Solana gallantly pushed the price up 1.44% ($192.83/coin) even though market cap not greater than tether(usdt)
.
  • The number of airdrops/Giveaways/airdrops on the Solana network indirectly boosts transactions

For your friends' precision, it might happen, it might not.
There are many factors that can cause prices to suddenly pump or dump in a matter of minutes.
I'm a connoisseur, how cool is the movement of solana,

1.Do you care about this?
2. How do you view this instrument (sol) as a rare moment?
3. why? or there are other benefits?
Well, there is a possibility of Solana's price reaching $1000 but not this year 2021 because this year is almost over and the market is not looking healthy for now perhaps Solana's price may reach $1000 price tag next year 2022 if the bullish market continues to grow. Sometimes the cryptocurrency is unpredictable no one knows what is going to happen tomorrow, the time you are expecting the market to grow, it crashes, and also, when the market is crashing down the next day you might see a huge uptrend.   
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Topic
Board Speculation (Altcoins)
Re: Time to buy some low cap coins
by
Lmaooo
on 12/12/2021, 21:57:50 UTC
Of all the low altcoins you mentioned matic is one of the coins that we can rely on to invest, and matic is currently creating a polygon network that is lower transaction costs and easy to use, then now is our opportunity to hold the coin because the trading volume will increase, and for other types of altcoins you mentioned I am less sure for us to hold at this time and you can wait for the big event that is Created by the team managing the project.

MATIC has the potential to rise in the future. They have some DAPPS currently working on their mainnet. The developers are continuously in-touch with their roadmaps and future development making it one of the best projects today.

Since the coin was established to the public 2 years ago, its market price has now grown at 68,000%! The current price is $2 and possibly can reach $5 if another bull run will happened. Not shilling the coin but just sharing some speculation.

I once had some Matic, but really not a lot. I haven't been following them recently, but I wonder what is their value proposition and how is it different from Ethereum and Binance Smart Chain? They also offer smart contracts right? I know about their low transaction fees, but is there anything that sets them apart form the smart contract platforms?
Polygon MATIC, and Basic Attention Token BAT are favorite altcoins within the list and I think the future is going to look great for them. If you look at the polygon MATIC it's a layer 2 scalability protocol for Ethereum similar to zkSync, Arbitrum, and Optimism. They are both going to be huge in the future because the Ethereum blockchain is in need of scalability to speed up the transactions yet cheaper fees. Ethereum network needs some improvements and layer 2 scaling protocols are now the solution. 
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Topic
Board Speculation (Altcoins)
Re: Bitcoin dump, Ethereum pump!
by
Lmaooo
on 12/12/2021, 21:43:17 UTC
Recently i saw eth has pumped more than btc but it doesn’t mean that eth could win race with btc. Even it still suffering to reach 1eth=0.1 btc. People come crypto market mainly for btc, i doubt that large number of people don’t know about other currencies properly except bitcoin. That's the reason, why big organisations only accepting btc as their payment method except others currencies Btw i guess, day by day eth and btc both will increase & thus percentage of dominating btc would be same as now.
There's no need to race and comparison for these two. Bitcoin is always far and superior from ethereum and that's the reality that everyone has to accept.
No matter how huge the gain of Ethereum, there will always be the time that bitcoin will have its own huge gain too. And that makes the market better if the gain starts from bitcoin.
The main reason for the bitcoin dump and other cryptocurrencies is because it is December many investors are planning to go for a holiday, from Christmas to New Year. That is why the market is looking so all red but in a few weeks, the market will recover and keep moving forward. It is not only the bitcoin market both stock, indexes, forex, and oil markets are affected as well, hopefully, the market will recover in no time after the new year.
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Topic
Board Speculation
Re: Reason behind BTC market change
by
Lmaooo
on 11/12/2021, 22:30:19 UTC
So the lack of growth we have seen during the last days and the small corrections we have seen play against bitcoin, however it is finally December and the expectations for what we could see during this month are high, and those expectations could be more than enough to make the market to go up in a significant manner as traders comeback to the market trying to take advantage of the potential increase on the price.
December. I can see a lot of expectations in social media about the Bitcoin price. They want history to repeat itself and explode again gaining a new all time high. I don't doubt it could happen but just like the November expectation, the ending might be the same. Price playing from 55-65k in USD with the highest at 67k is the farthest I could see, imo.
Nothing great is happening, NFT's are roaring and investments are being drawn to them dividing all the money that should've been in Bitcoin.
Then there's the memecoins that are cheap and profitable for traders trading in millions/billions of amount. So, it's difficult to find a good reason how it could pump at 100k just like how analysts are predicting it.
Yeah, but smart money should be in bitcoin market and not those in NFT's and meme coins because sooner or later these investors are going to get burned hard. So they better get out early while in a profit and invest in bitcoin. But let's see what will December will bring to us, if history repeats itself then we will see another massive bull run and reach new all time high again.
I agree, NFTs and meme coins are the playing field of speculators that are willing to take huge risks for the chance to gain a lot of profits relatively quickly, but for the one that wants to invest in something solid and not something that can evaporate in a matter of hours then bitcoin is the right choice.

I know that it is not showing the behavior that everyone wanted, especially if we take into account that it is December and many people think of it as a very bullish mopnth and bitcoin is barely above the 50k level, but even then it should be obvious for anyone regardless of their experience in the market that bitcoin is better than all of those useless meme and NFT coins.
Not all bitcoin price predictions are becoming a reality as over 90% of them are turning out to be speculation. The way I see it is bitcoin price made a new all-time high ATH of $70,000 in the last November and the current month of December is looking super bearish for all cryptocurrencies not just bitcoin thus the probability of bitcoin price reaching $98,000 in this year is a mystery. Perhaps, we might see another all-time high in the next year of 2022