2020 CryptoBoom

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if you guys following on cryptocurrency what has happened few years back when bitcoin hit $19k same happening ,my guess is BTC (Bitcoin),ETH(Etherum),and XMR(monero) will rock the show and 2 coins which i really think will dump badly ripple and tron both of them are tokens and not coins ,what do you think ?
 
Why is it going up tho?

I see no reason other than stablecoins getting printed.
 
Someone moving big money offshore or big politicians moving the money my guess

That's a possibility.

But if so, is that good news? Doesn't it mean the feds will crack down on Bitcoin?
 
That's a possibility.

But if so, is that good news? Doesn't it mean the feds will crack down on Bitcoin?
Everyone wants some positive move in the market ,do you think the goverments dont have crypto ?
 
That's a possibility.

But if so, is that good news? Doesn't it mean the feds will crack down on Bitcoin?

Are feds cracking down on offshores? They are pretty much everywhere in over 10 countries as i can recall.

Now that paypal integrate crypto and they have so many advisors in general there is no coming back.
 
The crypto market is rising because of the halving. It has a much greater impact than Paypal adoption ever could, although the timing for Paypal adoption and other mainstream adoption is also relating to the timing of the halving.

The same is true of the Bitcoin ETF's that are close to being ready, ETH 2.0, and other factors that are playing out right now.
 
Are feds cracking down on offshores? They are pretty much everywhere in over 10 countries as i can recall.

Now that paypal integrate crypto and they have so many advisors in general there is no coming back.

Now that I know. But they probably will if it threatens their currency.
 
Its funny how people think that crypto is some how an "end to big banks" and "for the people" The same people that control the banking industry also control crypto (and many other things). What happens in crypto is what ever they decide. At what ever point they're ready for their ROI crypto will drop like a 747 made of lead. As for whats driving the the price up a lot of billionaires are loosing money $$ on this pandemic and need to make it back up some how. I promise you they will pull the rug from under our feet but the major question is when? My prediction is August-September 2021 is when the crash will happen. But not to worry it will do the EXACT same thing thats its done since 2009 Rise and Fall so when btc goes under 4k in 2021 it will be back to over 25k in 2023. Rinse and repeat.
- Good luck to all I want for my brother what I want for myself Peace and Blessings!
 
Its funny how people think that crypto is some how an "end to big banks" and "for the people" The same people that control the banking industry also control crypto (and many other things). What happens in crypto is what ever they decide. At what ever point they're ready for their ROI crypto will drop like a 747 made of lead. As for whats driving the the price up a lot of billionaires are loosing money $$ on this pandemic and need to make it back up some how. I promise you they will pull the rug from under our feet but the major question is when? My prediction is August-September 2021 is when the crash will happen. But not to worry it will do the EXACT same thing thats its done since 2009 Rise and Fall so when btc goes under 4k in 2021 it will be back to over 25k in 2023. Rinse and repeat.
- Good luck to all I want for my brother what I want for myself Peace and Blessings!
You call an increase of more than 27,000,000% in the last 10 years a "rise and fall"?
 
You call an increase of more than 27,000,000% in the last 10 years a "rise and fall"?
Yes when something increases by a lot then decreases by a lot that is what a rise and fall is. And btc may CURRENTLY be at a 27000000% increase but what was that percent in march or december 2018? I have exactly 1 bitcoin to my name so I have no dog in the race just going by what I see im not trying to "influence" anybody
 
Yes when something increases by a lot then decreases by a lot that is what a rise and fall is. And btc may CURRENTLY be at a 27000000% increase but what was that percent in march or december 2018? I have exactly 1 bitcoin to my name so I have no dog in the race just going by what I see im not trying to "influence" anybody
Yeah my only point was that you make it sound like the price of BTC goes up and down to the same points.. ie. $23k in 2023 after $4k. It fluctuates according to the halving cycle but the upwards movement during bull runs vastly outweighs the downwards movement during bear markets.. hence why this is the long term price movement of BTC:



What's likely to happen is BTC climbing to roughly $100k by Dec 2021, then a pull back to somewhere still north of $20k, then an even larger climb ending around 2025.. maybe to $1M per coin.

BTC has never made an all time high then pulled back below it, then 4 years later came back up to the same point. That was all I'm trying to say.
 
Yeah my only point was that you make it sound like the price of BTC goes up and down to the same points.. ie. $23k in 2023 after $4k. It fluctuates according to the halving cycle but the upwards movement during bull runs vastly outweighs the downwards movement during bear markets.. hence why this is the long term price movement of BTC:

https://imgbb.com/

What's likely to happen is BTC climbing to roughly $100k by Dec 2021, then a pull back to somewhere still north of $20k, then an even larger climb ending around 2025.. maybe to $1M per coin.

BTC has never made an all time high then pulled back below it, then 4 years later came back up to the same point. That was all I'm trying to say.

$1M per coin would surely change the world's economy, doubt it will surpass $200k by 2025.
 
Its funny how people think that crypto is some how an "end to big banks" and "for the people" The same people that control the banking industry also control crypto (and many other things). What happens in crypto is what ever they decide. At what ever point they're ready for their ROI crypto will drop like a 747 made of lead. As for whats driving the the price up a lot of billionaires are loosing money $$ on this pandemic and need to make it back up some how. I promise you they will pull the rug from under our feet but the major question is when? My prediction is August-September 2021 is when the crash will happen. But not to worry it will do the EXACT same thing thats its done since 2009 Rise and Fall so when btc goes under 4k in 2021 it will be back to over 25k in 2023. Rinse and repeat.
- Good luck to all I want for my brother what I want for myself Peace and Blessings!
And keep in mind .... this (golden ? ) rule: "buy low and sell high":
March 2020 (Bitcoin at $3800): - No one wanted to buy - Everyone was predicting 1-2K - Fear was at new highs
November 2020 (Bitcoin at $16500): - Everyone wants to buy - Everyone predicting 100k+ - Greed is at new highs
 
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