A lot of discussion is still taking place around whether or not this bear market will play out like in 2013 where we witnessed a multi-year bear market.
One person disagrees, and that person is Parabolic Trav. I'll be taking a look at his line of reasoning and offering some of my thoughts. Let me know what you think!
DISCLAIMER: This is NOT financial advice. I am just offering my opinions. I am not responsible for any investment decisions that you choose to make.
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one thing i like cryptos; they have early corrections and it recovers pretty quickly, the earlier the correction the better. Compared to stocks so much bullish but we didn't know when it's gonna pop up, then people will become enthusiastic about stocks until the crush during 2007 people panic and traumatized of what happen, they think that stocks will never collapse.
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I think the bulls are back in control. There might be some sideways action before we break through 10,000. But this is gonna be a solid year.
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Any chance funds will fail?
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As far as im concerned i will rather not see the bears, im good with the bulls and moon
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I like to see the bulls. Time to invest.
Thanks for sharing bro.
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keep hodling
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The market is in a big rally. We must seize the golden opportunity and invest until we make a big profit
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Yes, every bear or bull has its own case why the crypto market crashes or skyrockets. At the end bitcoin and crypto overall does what it wants to do. It does it in a nice decentralized way. No one to manipulate with as for now. Afterall, Bear people don’t really understand the potential blockchain and crypto are and will have. Some of them may be calling for crash and at the same time buying crypto.
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as i said in your ealier thread. history have a funny thing where it repeats itself all the time. with that said i don't think it's 2013 all over again :P
the market is more mature.
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sir @louisfhomas, i think you are right. I am agree with you sir. Thank you so much for you opinion sir. Go on. best of luck sir.
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Of course there are many Bears of crypto market such as well known Peter Schiff saying it’s a ponzi scheme or Peter Boockvar the Chief Investment officer at Bleakley Advisory Group is another one of these such bear people. He has come out again saying the bubble is about to pop and Bitcoin will fall to about $1,000. Also called Bitcoin crashing a few days before it tipped $20,000 and then collapsed to half that. Whether they are right or wrong, my believe is the future of crypto is only bright.
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Well nice video @louisthomas.
I can say that I like both the Bull and bear both of them see the crypto market with some other view and I appreciate that. This is a decentralized platform and the user has the power.
Thanks for sharing this my friend keep up the good work
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hope Parabolic Trav is right i can feel a bullish sentiment on the market,, good luck thomas
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Personally I find this kind of analysis a bit simplistic and borders on being a sales pitch rather than objective analysis. While I have no doubt of the long term impact that crypto will have the fact is that interest in BTC on Google is at an all time low and that the technology is not yet mature enough to cope with mass adoption. Therefore what we have IMHO is an asset class that is definitely in the speculative phase of it's development. Historically such asset classes go through many boom / bust cycles and I don't think crypto is any different. We may be on the cusp of a new bull run but we could equally be about to retest the all time lows and even surpass them.
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The first time I see this leaflets is really excellent I've become your follower now for the market bitcoin controls everything but Guy I see it only came down to me 7k this time it will be a great start for me more than 15k future for the digital world and welcome to my simple page.
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Good discussion and wonderful video. I am learning something in your every post.
Well done sir
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I believe we will not see another multi-year bear market until crypto reaches the market cap of the NASDAQ during the 2000 bubble. Crypto is still a drop in the bucket compared to every other financial asset class, and with the pace of advancements in the field, it has a long way to go before it reaches longer term bubble territory.
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Maintaining a progressive situation It is said to be the decision
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I am just not sure @luisthomas
Is there anyone who can tell with certainty?
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If it's a Bear market, then great! That means I'm buying coins at bargain prices. The way I see it - I will need this money hopefully later - way later. When it has grown significantly.
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I don't believe in a multi-year bear market with all the developments happening in the crypto space, including Bitcoin and Steem. I think there will be increasing adoption, clearer regulations and an increasing number of blockchain applications in many fields. In a few years from now, there will be a complete overhaul of mainstream finance to make full use of blockchain technology. I wouldn't be surprised to see smart contract technology to mature and lead to very significant downsizing of workforce in that industry. Distributed ledger technology is unstoppable because it is simply a superior way to do things in many ways. There will be bull runs and corrections in the future. But right now things seem to be looking up and I don't think a multi-year slump is in the cards.
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SEO Less in Your Elar Thread History has a crazy thing over it, It's Repeats It's All-Time Time. With that you think it's 13 times over the agenda
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I think 2018 will still be bullish.
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I see plenty of room for crypto to grow as this space is still very much in it's infancy with a market cap of less than 0.5 trillion for all cryptos that's laughable these can be used as global financial instruments and have a market cap 5x smaller than London's property market and 20x smaller than the UK as a whole.
Even at £6500 plus I still think bitcoin is an essential part of any portfolio and wouldn't bet against it.
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To the question in your title, my Magic 8-Ball says:
Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.
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