ca
4 years ago in LeoFinance by bitcoinflood
0.00 BPC
ca
Sort: Trending
stagnate till use cases and development and lower fees happen
Honestly the crypto charts aren't exactly looking good for most of them minus things like ETH (with all the hype). Right now the biggest issue is that I don't see the volume to back up all the momentum so I do think there will be a correction. But who knows if it will continue to rally since I can't predict the markets.
Posted Using LeoFinance Beta
That’s certainly one outlook for sure. Sounds a bit more on the bearish side, but hey, it’s definitely possible for things to stagnate for a while before making another move up, or even down. I think at this point there is enough hype and other fundamental factors that will lead to it going higher.
I agree, the ETH developers need to seriously step up the game on something to solve these gas fees because EIP 1559 hasn’t helped. I think second layer solutions will help allot though. But who knows the future, certainly not me, lol. We just keep stacking.
All I know is that this was a well written article and is getting reblogged for the Coin Logic audience on https://coin-Logic.com and will show on the front page rotating feed!
Posted Using LeoFinance Beta
I honestly am bearish on the markets right now. There are high fees, lack of development because of those high fees and the hype seems a little long over played at the moment. Even Elons mention of sending Doge to the moon today did latterly NOTHING for the markets when every time before it pumped them. Maybe played the hype game a little too long?
Thank you for the reblog appreciate the support!
Still overall bullish on the markets because we are here for the long term, not the sprint. Looking at these issues as growing pains. Is everything in a bubble right now, sure, but our plan is holding strong and just slowly taking profits daily as we go along!
I don't see us hitting new highs any time soon.
Affirmative @bitcoinflood. Me too! Unless we see a huge amount of developments happening suddenly. But the reality is that they take time and happen gradually.
Hype is also dying because now the news about more people & institutions hopping onto the crypto train is regular nowadays. Most of them are attracted to the high percentage gains. This space is still dominated by speculation of price. As you mentioned above I think if we want these prices to rally, we would need strong use cases to be built first.
Posted Using LeoFinance Beta
🤣 I've been in the game since 2013 so I've seen a lot and been in marketing and trading as well so I totally understand the power of hype but what happens AFTER that hype wears off. What's pretty funny right now is we are seeing people abandon Doge for Shiba. Majority of the worlds pop will blindly chase hype and the next million dollar project. Of course I'm not always right and I simply go by what I know and feel at the time. So far pretty good though lol I did miss call ETH selling off last weekend though :(
Well you cant win them all! I can see you know a lot about it and as we are very new to it I like reading your posts! I did buy and sell some doge though which was good! keep up the good work and eat !PIZZA and drink !BEER when you are finished working!
@bitcoinflood! I sent you a slice of $PIZZA on behalf of @stickupboys.
Learn more about $PIZZA Token at hive.pizza
View or trade BEER.
Hey @bitcoinflood, here is a little bit of BEER from @stickupboys for you. Enjoy it!
Learn how to earn FREE BEER each day by staking your BEER.
Yay! 🤗
Your content has been boosted with Ecency Points, by @bitcoinflood.
Use Ecency daily to boost your growth on platform!
Support Ecency
Vote for Proposal
Delegate HP and earn more
Let's see what we get. But BTC going sideways and ETH pumping seems like ALT season is here any time soon. But one thing for sure if Market is more stable than previous cycles.
Posted Using LeoFinance Beta