The rich people are getting richer because they know how to invest and make money out of their money. The logic goes for them is that the money works for them and not they are working for money. What I mean is they are getting an income from investments without exerting too much effort on it and that's how they are becoming rich. They are okay taking up risks and the poor people are only thinking about surviving for each day not for their future lives.
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Don't know why it is so that altcoin prices always go down whenever bitcoin collapses. It should be that both go in the opposite direction. Atleast, this will enable traders buy altcoins whenever bitcoin is down.
What I witnessed before was like that. Bitcoin's movement is opposing to the movement of altcoin charts. But today it's different, I don't know the exact reason on the changes with the flow of crypto's but these alts are dependable to bitcoin. And if there's an all time high to bitcoin, alts are also in that phase. You can get an example of it last time when bitcoin's price was $19,000.
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People never learn from these "lending" ICOs/tokens which are obviously going to scam their money after investing. I can't understand how people continue to invest their savings in the fraud projects. This is a strange way of money spending ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I heard about another similar project called mmm. Learn about Mavro, this is also a Ponzi shame You're the second person to mention that name, I'm sure I'll look into it. Yeah its pretty amazing how peoples' greed over-rides their critical thinking skills. Yeah they are greedy and wanted to have join and trust those get-rich-schemes. I have heard about that MMM before and I'm glad that there are people out here that busted their shady scheme.
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If it crashes big time the media will make cryptos look worse than they already have! Such is life!
Leave those medias, you can't fight against their own agenda. They are for the money and to give false information to the people. They already knew it that when there is something to cover it should be against and bias even they don't gather the fact that they have to present to the viewers.
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I guess the dip has been stressful to you and probably you have created the farm during ATH.
Include on where your farm is located, have you posted this on Goods? Or somewhere I guess in Auction.
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Is bitcoin lead cryptocurrency market forever? I can't say but I want to stay to bitcoin and have that belief that it's here to stay and will lead the market for the longest time. If there's something new that will take over bitcoin, it will be recognized for being greater than it.
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I saw a big dump last night until bitcoin and altcoin had a pretty deep decline. do you think what makes this decline?
I've answered a couple of thread my guess about this decline and it can be the latest exchange hack. is this only temporary?
Yep, most of the declines are temporary though it looks new to the newcomers here and it already took several months but remember that it's not permanent.
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How much more fall is possible in price of bitcoins?
Don't think about the falling that much, we've been too much with it and as much as possible, create positive threads about the recovery. we can see the market is all downtrend and market is overselling on the panic news we can see the prices are dropping bitcoin price lowest downtrend price is 5500 dollars
$5,500? $1,000 for the decrease to bitcoins price, which happened during the weekend. I'm not saying this is impossible but I don't want to think about it.
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When do you think Bitcoin will go back to the $20,000 mark
I'm assuming that it will be back at the end of the year. Just like last year there's a rapid increase to the price at the end 2017. and what factors do you think could contribute to making it happen sooner rather than later? Balance of the market and the whales will not allow it to go lower as they have found gem in bitcoin and I guess they had enough cheap bitcoins acquired from the past bearish market.
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Most of these joke coins wil live longer than many other coins that were created for a purpose because their value mostly depend only on their users.
Joke coins will live longer? They are like the living dead so they are might live long as long as they have market cap but the volume of theirs are totally dead so don't waste your money on any of them.
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i really dont know what trading is
You buy a coin at any price that you put it on order but the ideal is to buy those coins at the lowest price or when the market is reddish. how can i get my money stolen from that thing can you guys explain to me?
If you're coins were stolen, there's no way to acquire them back as crypto transactions are irreversible so make yourself aware about that thing.
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How do panic selling affects the market and why does it affects the coins value?
It does affects mainly the holders, traders or investors in the crypto market. Just think if majority of them do panic sell at the same time, we know that the crypto market follows law of supply and demand. And when there's too much supply in the circulation, it makes the demand lower which creates the price to become lower and that's how the panic selling thing affects the market. So you want to add to the cause of dramatic decrease of crypto's market?
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Yes and No.
Yes, The possibility and chances that it will go below $6,000 is already there because of the current price of bitcoin which is between $6,000 - $7,000.
No, I've been bullish on bitcoin and I think that we're totally done with this bear off soon and it will recover in a while.
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Many on twitter say we are near the alt season again, but bitcoin is still looking weak, what do you guys think?
Alt season? do you mean the market will be that high? wait until bitcoin goes up again and these alts will also go up. They are leaded by bitcoin so whatever happens to bitcoin, they will going to do the same thing. At this time, whether you say alt season or those tweets, this is the best time to buy cheaper coins.
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There are many reasons why this market will never amount to anything: The list goes on and on!
Then why are you still here and keep on created unusual threads that is just bringing fear to others? Is it time to sell and get out of the market?
No for serious coiners. Just look at a graph of the Bitcoin since it started. It is not the graph of something that is successful! It is the graph of a failed project!
Not something successful? Bitcoin was $1,000 last year.
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I want to buy some coins to hold that have potential: Do you have suggestions?
Before looking for altcoins, why not bitcoin? Tron: not Quality but has potential
Not this coin, it's full of marketing that wants to make everyone feel FOMO. I don't recommend TRON.
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Many of us are confident probably because these fluctuations of prices have been here for long
We have experienced a lot of dips and falling so this is something that we can simply endure. Only those new comers will have that emotion that it's like the end of their crypto journey on these situations. every time it dips down it always finds a way to bounce back and recover, maybe not then and there but it surely will.
Like what I believe that each market has it's way of recovering and it will not stay to be under the negative prices forever.
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Sell now or cry next week.
Hold. Right now price is under 6700$.
Few months ago the price was even $6,000 so this isn't new right? If you LOVE losing money, Keep your btc, whales are laughing at you.
I don't love losing money but I love bitcoin and I don't care if the whales are laughing at me or even you.
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Do you think this will happen? If this will happen I will invest most of my money in this bitcoin.
Whoever knows what will happen in the future will be famous of doing so but there's none and everything that are predicted in the future are tentative. This is why bitcoin has been called as speculative investment as most of the predictions are speculations but as a holder, I believe that bitcoin will be ending this year positively whether it's value will be doubled or not.
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I want to ask you, what is the name altcoins that can beat bitcoin?
You have answered your own question, let me quote it. so far there is no altcoins that can beat the bitcoins from the first rank of coinmarketcap,
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