Boom Time on Crypto Markets

in #bitcoin7 years ago


The week gets off to a great start with most coins and tokens in the double digit greenlands we have been waiting for.

It's confidence we are looking for, there as been quite a bit of consolidation during the last week after the major crash we experienced.

Confidence will build this week as we get over all of the fud that governments have been throwing at us.

ICO's have been going through a bit of a downtime as tokens are at or below ICO price when they hit the markets, although some such as Bluezelle enjoyed a great boom when they hit the markets.

Everyone is waiting for WanChain to launch on the markets, but rumour has it they are waiting for the market to be in a good place before they release their tokens to the world, Wanchain are expected to reach a multiple of at least 10 times on their first day.

MarketCap at the time of writing is $431 billion, lets see how it gets on as the day continues, hopefully it will reach $500 billion today to confirm we are in Bull Market Times.

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Yes,our hopes are high.The crypto market needs a boom

Lets hope its happening.

Coins mentioned in post:

Name #CoinsPrice (USD)📉 24h📉 12.02.2018
SteemSteem$4,177,80%
BTCBitcoin$8788,829,70%
ETHEthereum$874,099,32%
XRPRipple$1,0913,53%
BCCBitcoin Cash$1294,126,34%

Great post here's a free upvote and resteem #killerbot #botpower #powerupe0c.jpeg

Thanks for your free upvote at $0.00 lol

This is nice, but I hope not, I'm not done with the prices being low... I am still arranging to get more fiat in to buy low. I need this to stay put for a few weeks longer

You got the right idea.

cool answer ))

Thanks for this great post 👍 we will all be rich soon ⚡⚡⚡⚡⚡⚡⚡⚡

Coins mentioned in post:

Name #CoinsPrice (USD)📉 24h📉 12.02.2018
SteemSteem$4,177,80%
BTCBitcoin$8788,829,70%
ETHEthereum$874,099,32%
XRPRipple$1,0913,53%
BCCBitcoin Cash$1294,126,34%

For more Analysis to @a-blockchain

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Governments aren't throwing FUD, they are telling you what's coming next = heavy regulation to the point all cryptos aren't a volatile asset anymore.

The recent consolidation is just confusion among crypto investors who don't really know how to interpret what the governments have been saying.

I'm convinced people will talk themselves into thinking all the government talk was FUD or even positive, and pump coins again.

Then when the real regulation comes, and everyone will have to declare and pay taxes on their crypto earnings, ICOs will become like IPOs (extremely complicated registration procedures), and so on, that will create a major ripple in the crypto market and I can't see it ending well.

Just my opinion of course, you say never bet against BTC, I say never bet against outsmarting the banks and governments.

I think you are confused?

I did not say this....

you say never bet against BTC, I say never bet against outsmarting the banks and governments.

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