2020 CryptoBoom

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5.89% Increase in last 7 days .XMR is doing good

To my suprise XRP is doing great , positive move of 85.17%

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Top Gainers and Losers for today and past 7 days

tXDj1oX
 
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.
at last some sense, too many people do zero research then wonder why they are broke. There is certainly a lot to learn on crypto and research is required
 
at last some sense, too many people do zero research then wonder why they are broke. There is certainly a lot to learn on crypto and research is required
I'm actually highly sensible and very wise as well.
 
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 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?
 
I think the uncertainty of the election, change in power and policy is the biggest factor in the spike which had a huge run up as the election was gearing up, I think its going to remain high until biden takes office, some policys get changed back, or don't, and things return to normal. My bet is it dies off around same time as 2018 did, late sprring.
 
Well in this game big players dictates the price, if you want stable profit then start mining :)
 
The global crypto market cap is $506.62B, a 1.64% decrease over the last day.
The total crypto market volume over the last 24 hours is $227.37B, which makes a -20.69% decrease. The total volume in DeFi is currently $6.76B, 2.97% of the total crypto market 24-hour volume.
The volume of all stable coins is now $91.45B, which is 40.22% of the total crypto market 24-hour volume.
Bitcoin's price is currently $17,024.65.
Bitcoin’s dominance is currently 62.34%, a decrease of -0.10% over the day.
 
Bitcoin is basically digital gold - so like gold, it always go up,up and up in bad times.

Right now there are many things working in its favor to push up demand, but covid has helped it, gov. fucking up there own economies and country during covid has helped too, but the biggest push is coming from a global stealth war going on between USA, Russia, China and Europe.

There is a currency war underway, which means paper fiat money is unstable so people want sound money, hard money like gold, its way russia and china have been buying so much gold recently, this helps bitcoin, because those people that cant afford gold buy bitcoin, right now i think big players, billionaires, companies, institutions and even countries are buying up bitcoin.

As the world continues to get fuked this run will only be accelerating, but ofcourse it will come back down one day, just not now.
 
Bitcoin is basically digital gold - so like gold, it always go up,up and up in bad times.

Right now there are many things working in its favor to push up demand, but covid has helped it, gov. fucking up there own economies and country during covid has helped too, but the biggest push is coming from a global stealth war going on between USA, Russia, China and Europe.

There is a currency war underway, which means paper fiat money is unstable so people want sound money, hard money like gold, its way russia and china have been buying so much gold recently, this helps bitcoin, because those people that cant afford gold buy bitcoin, right now i think big players, billionaires, companies, institutions and even countries are buying up bitcoin.

As the world continues to get fuked this run will only be accelerating, but ofcourse it will come back down one day, just not now.

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.
 
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