Could We Still Be in a Crypto Bear Market For YEARS?

in threespeak •  5 years ago  (edited)

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Butch Cassidy says "This bear market is going to last 2...3...maybe even 5 years".

Here's my response!

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I've only been in Cryptocurrency for only two years and I definitely think he can't be entirely wrong. We've been in the bear for like 17 months or more and you're definitely right in your own stance too however, we need to look for the prerequisite to prove whether you're the bear might be there for years or not. First the history, how often we bounce back, the difference between the previous bears and this bear, all this might play roles. However I hope it isn't and doesn't. amazing video Louis

I don't think that we are in bear market now! The price of Bitcoin has "tripled" from the lows. How can this be a Bear Market? Yes the alts have been thrashed in this cycle. That is what will happen when the market matures. None of the altcoins have completely proven their value so when the market grows high in value only proven projects will grow in value and that is healthy for the market too. So we are not in a bear market . The Bull market has already begun!

Absolutely! What's more, I can add that I've been asking around different forums and message boards as well as on Reddit and most people believe that by the end of the year we will see at least 15k for BTC price if not reach the ATH again. So, the general mood of the community is very positive right now, based on nearly hundreds of replies.

And when BTC pumps we know that most alts follow it in the green, so the future is looking bright.

What I do believe is we have our own personal reason and opinion. That is what i think he believe but there would still be improvement in the blockchain.

I can’t see crypto currencies staying this low for to long, global events will see to this. Thanks mike

  ·  5 years ago (edited)

I don't know what thinking i mean each day we see a lot of business using bitcoin and the adoption grows month per month so we have to be patient and buy in dips because, it has to explote in good way i mean.

I would say probably yes to the question been asked. I believe crypto will still make a better impact in the next coming years. It is just a matter of time

Of course yes, sir. I am sure that crypto curency will develop again in the coming years and become a very reliable financial system in the next few years.

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Pretty interesting thread. I am really excited about Crypto future. Also, guys, check it out the Coin Voting from BCNex for your favorite token. It's open for free https://www.bcnex.net/voting

Actually for me now, the whole issue of this crypto market is fustrating for me

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