Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Lighthouze on September 19, 2018, 10:57:41 AM
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In past two days, a lot of alts have rallied in price, yesterday saw some huge pumps in the price of XRP and few other alts rallied up in price as well. Is it safe to say the market is picking up steam and it will be sustained or this is just a bull trap?
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Unfortunately i think that bull rally has not started yet because there is too much fear and uncertainty in most of investors expecially in big ones (that are those who lead the market).
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This rally will continue unless market values grow. For this, crypto currency has to be developed in real terms. This is something that could happen in the next 10 years.
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It does not look like a trend change to an uptrend. If you carefully follow some of the coins-you can see how they increase in a short time several times.It's hard to call it healthy growth.
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The market is still not fully stable yet, bro. The market sometimes rises and sometimes also drops suddenly. Now there are also coins in Altcoin that go down and some are up. So it's not stable bro. I don't think we have to do anything before but wait to be stable first bro.
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I have a feeling its is a bull trap, i think so is because if it is something real btc and eth price will follow as well but we does not see and significant price increase at all.
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I think if we believe in the growth of bitcoin and Ethereum - we will notice this in the growth of ERC-20 tokens. They have a huge drop and therefore the increase would be appropriate.