2020 CryptoBoom

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I totally agree with this but it won't go down to what most people think to like $12k for example. It will increase to about $22k and then start dropping to $18k, then to again to $25k and back to $20k. We are at this point, river doesn't go back and nobody can control the currency aka banks, therefore it will gradually increase till they find a way to control it.

Yes but the biggest threat to it now is gov. banning it, even if they dont succed but they try, it will cause a crash.
 
you just have to follow the news, and after that u u analyse the trends, but remember buy high sell low!
 
Yes but the biggest threat to it now is gov. banning it, even if they dont succed but they try, it will cause a crash.
agreed, some governments already have made crypto illegal but the big concern is for sure what kinds of regulations go on in the US and EU in particular since both have big populations and sure the government cant stop the trading of crypto due to the nature of how it works but they can for sure ruin the general publics ability to buy it from exchanges and control the general person's opinion of it. Illegal = bad. Most people wouldn't buy cryptocurrency anymore if it became illegal.
 
You sound like you really know what you are talking about. Are you one of these billionaires? Or are you one of their friends? If not where are you pulling this information from? A youtube video?
Yup im a billionaire and me and Jeff Bezos talked about crypto over a game of golf this morning. Im best friends with all the owners of youtube so I watch all their videos, every single one. Any more great questions for me?
 
Virtual money/Crypto is the "new normal". Governments and financial institutions are working on digital currencies already. For example the "Digital Euro" and China already launched the "Digital Yuan".

If you want to know why this is happening I highly recommend you to check out the book "The Great Reset" by Klaus Schwab. This guy is the CEO and Founder of the World Economic Forum. Yes, the WEF where the most powerful and rich people meet up every year.
 
I was aware of crypto but wasn't aware of the digital euro and yuan. I don't like that Schwab guy, creeps me the *** out.
 
This is not at all like 2017, everyone going around talking about it saying its going be exactly like it was, its not.
First of all the market is incredibly diluted with coins, margin trades, futures, etc
The investors are totally different, this is not just a bunch of nerds looking for some quick cash
The amount of stablecoins and defi projects is ridiculous
Scams / ponzies have evolved. Even new projects with good ideas and innovations are struggling to enter the scene.
The CDBC, developments toward digital government stablecoins, russia exploring ways to get into crypto, governments fearing the entry of stablecoins
By the way what is stopping bank/exchanges from buying coins from themselves and pumping the price?
As per the coins mentioned, BTC and ETH are assured. XMR has a huge target on its head and im pretty sure if the devs dont do anything about it the money will start flowing towards other privacy coins such as ZEC which had a halving recently
Market manipulation is a certainty everywhere, with the addition of futures/margin literally anyone with a couple mil will see the opportunity to make big cash effortlessly
Companies trying to get crypto into the day to day life are struggling with banks while MasterCard and Visa have jumped in

https://www.blackhatworld.com/seo/100-per-bitcoin-btc.550162/page-3#post-9600470

Remember that this is money business there's no other like it.

But even after 18 years the space is clearly still young and i believe that the next big thing is yet to come
Do not underestimate paypals influence in all of this, many have tried to replace it none succeeded.
Dont gamble with money you can not afford to lose.
 
Why is it going up tho?

I see no reason other than stablecoins getting printed.
PayPal getting liquidity for their crypto services means buying a ton .. and they offer this only in the US. This push the price up, and with easier access via PayPal more new investors flock in. I expect ATH of at least 25-30k before going down to 15k or so for a while. Lets see :D
 
PayPal getting liquidity for their crypto services means buying a ton .. and they offer this only in the US. This push the price up, and with easier access via PayPal more new investors flock in. I expect ATH of at least 25-30k before going down to 15k or so for a while. Lets see :D
 
Not very good at the technical analysis, but looks like the projection is about to what I said?
No it's about the health of the US stock market. Your powers of perception are impressive.
 
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