As for me, there is no base for its growth in near future.....fundamentally I mean (blockchain is okay but not the crypto)!!! No capital flow-in.
Looks bad future for all crypto....at least for the next year or even longer. Might be the same case as it was in 2013...$1200 down to $100 and than stagnation for another 3 years in best case.
However there is a big difference with now, internet is more popular no than ever before, so many people now badly affected with this hype now than in 2013, so if bitcoin falls now it is not gonna regrow ever again. Unless fundamental support appeared, which is less likely without government support (EU, US, China, India) -gvrmnts/banks will not support decentralized money.
Exchanges and powerful miners are only winners here.
NB: sorry for pessimistic view, hope I am wrong.
PeacefulWarrior
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@Ras211, very good, okey, can consider this option
damdamm
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@Ras211, If you had hope you are wrong you would not spread FUD. And it is so nice to read this natural and predicted long before behavior. NO CAPITAL FLOW IN because
you and many spread FUD. Nothing changed in crypto instead of correction.
So if you are conscious of your steps writing this FUD shit I HOPE YOU WILL END ON A BUS STOP while bus will go without you. Of course if you like run after rabbit.. :)
ronkjohns
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@Ras211, Bad for all crypto bro???? This is just the beginning dude. If you look at it from a long term perspective, there is no way the entire crypto industry can fail. It's here to stay and its not going no where.
starslasher1515
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@Ras211, Is exactly what people said for the internet boom and look where we are now. The technology is actually phenomenal for most of these projects. The only issue is that Crypto isn't based on the actually technology yet. Once it goes to that, Crypto will eventually weed out all bad projects and basically condense itself.
This is exactly what the Internet boom did. Everyone short changed it. We are now dependent on it. This will follow a similar flow.
Najjar-Nidhal
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Update it please
lucamodena
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I am long from around 6500 - 6800 $ depending on price-action
Ras211
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look, 22min later and no comments yet/no activity - ppl are fed-up....soooo boring!
Looks bad future for all crypto....at least for the next year or even longer. Might be the same case as it was in 2013...$1200 down to $100 and than stagnation for another 3 years in best case.
However there is a big difference with now, internet is more popular no than ever before, so many people now badly affected with this hype now than in 2013, so if bitcoin falls now it is not gonna regrow ever again. Unless fundamental support appeared, which is less likely without government support (EU, US, China, India) -gvrmnts/banks will not support decentralized money.
Exchanges and powerful miners are only winners here.
NB: sorry for pessimistic view, hope I am wrong.