My opinion is that like everyone i ve no clue if we saw a bottom or if it will dump on us again.
I ve absolutly no clue if any of my altcoins will ever have any value again. I ve limited the number of alts i own to a few projects i like and hopefully i'm not too much of a dumb bagholder.

Haha I consolidated too. I owned so much nonsense earlier in the year and still have some (likely terrible) January ICOs that haven't been released. Luckily it was all house money after the insane run-up.

Can't remember if I posted about it in here before, but check out RVN action past few days

It's such a good feeling to get rid of trash. Really clears your mind.

untill the trash pump the next week obviously.

No opinion, but a couple observations:

1) You have no credibility

2) This thread sounds like a bunch of people discussing penny stocks

Flame away, but please note that was just an observation, not my opinion

yup, back in April when it was 250 sats. 950 sats now.

I just bought a bunch of alts....I had sold all and converted to BTC a few months ago. I have no idea what will happen but I'm hoping the past years winter bear market happens again this year. If not I'm willing to hold for a long time. Currently holding DOGE, XRP, PIRL, ETH, BCN, XLM, LOOM, XEM, DGB and GNT. Maybe buy a few more in the coming month. Also day-trading BTC on Binance to satisfy the degen in me.

You might make monies from them but man those are garbage.

Yeah, you're probably right, the only reason I bought them is they are cheap and there is volume, also a couple of them are undervalued, but if I lose I don't care because I don't lose much. Most of my investment is holding BTC.

I was curious about peoples opinion regarding the market.

My questions, do you think we have bottomed out already? If not how low do you think we'll go?

When do you think the bear market will end?

Just curious how others are thinking about this.

I know it's pointless arguing about what the market is going to do, as nobody knows with certainty but I am not trying to start an argument.

I'm merely interested in peoples opinions. Stating the obvious, I don't know, I cant predict the market does not help the conversation at all, I mean we already know this, it's pretty pointless to point that out.

Even if unsure, we can still participate in a healthy discussion regarding were we think the market is heading and why.

Some people think it's bottomed, I want to find out why they think it has, others think we are going lower, I want to know why they think it will.

I'll start it out with what I think will happen, and again this is not to be taken as gospel, though I'm sure some ******s will, and start quoting my posts again.

I think we ultimately go lower, prob 2500-3500 range, I think we see yearly lows broken before we break $7500.

If you think discussing what the market is going to do is pointless (I agree). Then why would you waste energy reading opinions about it?

Based on what?
You sound like a ****ty youtuber being cautious to limit possible embarrassment while the bear market Is not over. If you predict it will go lower you risk less mockery if it doesn't than if you predict the opposite and are wrong.

I meant like fighting and stating it as facts, without the room for discussion.

Based on a few things, firstly the last bear market end of 2013 lasted 21 months.

In my opinion this bullrun was way more significant vs the last 1, so with that logic if that 1 had 21 months bear market, then this surely should last longer.

Going from small $10 to $1200 in 2013 is hard but it's even harder to go from $250 to $20.000, that's my opinion anyway.

I have several other thoughts on why I think we might head lower.

But why don't you give your opinion too?

Which ones do you think are undervalued, and why?

Past movements have no relevance at all they are cautionary tale at best.
Many factors are bullish lately and are more relevant than whatever happened in 2013 in a super different context.
- first bitcoin sidechain with liquid (exchanges are something like 60% of transactions so that could have a big impact on the short termm)
- layer 2 is up and promising
- bakkt in a couple months
- fidelity could have a huge impact aswell

I I don't give any price predictions it's because it would be pulled out of my ass like you and not interesting at all.

Do yourself a favor, stop talking, and actually read the thread. You are only embarrassing yourself through your posting history and trying to act like you didn't say a whole bunch of dumb **** in said posting history. You have the nerve to imply that a poster who quoted a laundry list of posts of you blowing smoke up everyone's ass (including one where you now owe us documentation of you eating your own ass) is a ****** where, between the two of you, I'm fairly certain that poster is not the ******, if anyone is at all. You're literally contradicting yourself in this post in the midst of an epic walkback. Please just stop.

It's one thing to make predictions, state opinions, and take a sober view after the results are in and after the fact. It's another to pontificate, be wrong, and then act like **** never happened. And then get mad about it when called out on it and disrespect a poster in the process.

You're dreaming if you think you are going to be able to buy at 2500 again. I love these posts. "Bitcoin is going to 3k". Its not. That would require a complete abandonment of current hodlers. With ETF possibly on horizon and halving in 2020 there will not be a mad selloff.

Yoooo, I like your post, it gives me food for thought, ultimately why I asked the questions. I get to learn form others.

I will just ignore the ******s like Teflon and others that add nothing to the conversation and only want to argue. This does no-one any good, you must be very mad that I asked a few questions Tefl?

Anyways...

Why won't current holders sell, exactly? Explain current holders, are you saying that they accumulated at 6k levels or way before? Many hedge funds and bigger investors have already sold, you think they are still holding on to BTC from 20k?

I can see all kinds of situations why current holders would sell but why don't you give me some reasons why they won't?

I admit that halving in 2020 typically increases price, but according to Eddy past performances do not work (lol). That's why traditional markets can be read like a book based off of past cycles! TA that is, but obviously TA doesn't work for guys like Eddy!

I guess past bull and bear cycles are all just myths and markets really don't repeat themselves even though we continuously go through market cycles, but not according to Eddy though! Enough ranting.

Lets get back to your post, there's a ton of good news and your post does have merit, but I am not sure why you are so convinced we don't see 3k. Do we see anything lower than yearly lows (5750), I admit I'm not sure we see lower, just am more biased we see lower, it just seems too easy we don't, and if you have some experience in markets, you probably get what I mean.

I think the canvas has been painted, they have convinced everybody that 6k is unbreakable, if MM are smart, they would pull the rug and properly crash it. This is nothing new btw, they have always done it. The reason I think we head so low, is exactly to cause that fear, IF and it's a 60/40 flip if we head lower I think we won't stop at say 5k, no, no, no, I think we see 2500-3500, a real shocker, it goes that low that you, when 5k breaks, you question your investment, then 4.5k, then 4k and you're out, you need to still eat brother, you still need to pay those bills, not everybody can hold on, some can but retail probably won't. Crash it just enough to buy everybodies coins, crash it almost that people think its going to die, been happening since the dawn of markets, now will be no different.

You think we going to 60k, 120k, because these guys that control the market want you to be rich? If that was the case, then why the crash from 20k? Why so many fomo'd in and are severly underwater now? They want most people to sell so they can buy at the lowest prices, that's how these entities work. Once they have enough that's when we see market pump.

You think Wallstreet, BlackRock or other big players are going to be buying from you? You think they are going to pump your bags? Lets see how this plays out, I honestly don't care either way, I am happy to go on a bull run now or wait and it happens later, either way I'm happy as long as crypto does not die and we continue to see bull markets, I'm happy.

Also that ETF isn't coming anytime soon. With so much uncertainty, it might take years or more, who knows. Going of past ETF's it can take decades.

Got rid of my bat tokens, get ready to make fun of me when coinbase accept it next month and it pump massively.

Love the bat concept, hate the choice of eth which makes this project fundamentally flawed and a nonstarter.

Nice concept but too complex and too confidential right now + ERC20 to be anything more than a hyped altcoin instead of a real project.

I bought bat a week or so ago as I think it’s going on coinbase

Omg announcing hard spoon at DevCon soon. My play of the week.