Since bitcoin and the cryptocurrencies markets get into bearish trend since December 16, 2017 we have seeing alot of comments and post about people and traders asking were is the bottom and should we buy and hold? I think personally, the downward trend is over when bitcoin push above $10,250 and $10,850 this morning! The bullish trend has been trigger and bitcoin is going to break the December high of $19,000 and move above that level towards $25,000 before we can see another major bearish again. What did you think?
I don't believe on these bullish trend and bearish trend things because i really think that the price of Bitcoin and other coins was due to manipulation of the big whales in which they are capable of moving the price of any form of investments due to their huge source of resources. By facilitating the pump and dump strategy they will always be the winner and all we can do is if we are lucky enough that we could ride on to their games on time. maybe what you say is right because if we take a look at the December, the price can increase higher but suddenly in January, we see that the price drops and finally its continue for a few months later. maybe the big whales take a part in that drops of the price so they can buy much bitcoin and hold it until they lifted the price again in a few months later. but for me, I think if we can follow the big whale's moves, we could still make a profit like them without worry that we are missed something. |
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maybe it will better for investment but sometimes the market will change and the low market cap will not work for the investment. actually, I don't even think that the low market cap will better to be the investment because it depends on the project, the dev, and the team and as long as they can give something benefits for their investor, I am sure that it's worth to be our choice for the investment. just make sure that we choose the right coins to invest because we risk our money for a long time.
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investing in bitcoin and real estate in the same time will give us a big profit in the short-term and the long-term but we need to have a big money too to start because in the real estate, at least we need to have a fund to buy the first time. but in the bitcoin, we don't have to use a big money to buy and we can do it with small to medium money. and for people doesn't have a big money, they can start to invest in bitcoin only and if later, they can collect much money, they can start with the real estate so they can have two type of investment.
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the position in the coinmarketcap is change and stellar get number eight but it could possible for stellar to move into top five coin list but it needs more support from their fans. but ripple increase in the short-term and I think stellar will compete with ripple and cardano and meanwhile, tron and iota trying to join the competition too because they are in the top ten coin list. everything could be happening in the cryptocurrency and we cannot predict with correct and only waiting for the new list.
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no matter we are going to use as a long-term investment or short-term investment, bitcoin is always worked for us and don't forget, altcoin will work too for us if we can choose the right altcoin. there are only a few altcoins that will be good for long-term investment and we need to choose the coins especially if the coin still in undervalued. bitcoin and altcoin are also helped us to make a big profit in the long-term and bitcoin and altcoin can also work well with the short-term investment if we know how to use it.
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News2018-04-27 There are new signatures avilable from https://yolodice.com/#referrals2018-04-27 Posts in "Altocoin board" will not count as half anymore. They will be counted as full-paid posts, starting next full cycle (2018-04-30). Cheers, Ethan done to add the signature code. BitcoinTalk username: maydna YOLOdice user id: 5776 Forum rank: Hero Member Current post count: 2692 |
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I think they have not yet legalized bitcoin in the short-time because bitcoin for them is still new and they need to learn more about the cryptocurrency, especially in the blockchain technology. but somehow, I think they can legalize the cryptocurrency and of course bitcoin to be used freely by their people if they can take part in the blockchain technology which they cannot interfere with the blockchain technology. they can make a statement to legalize bitcoin later if they are finished to learn about bitcoin.
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How much of an increase is considered as a "bull market"
actually, I don't know how much percentage will be a bull market because I only see that if the price increase more than 10% and reach more than 30%, I will sell my coins and I don't think too long if it's a bull market or not. for me, as long as I can sell at the good price, it's enough for me so I can use that balance to buy another coin or waiting for the down price again. maybe I need to read more about the bull market so I can know. this is what I get in the investopedia.com/terms/b/bullmarket.asp What is a 'Bull Market'
A bull market is a financial market of a group of securities in which prices are rising or are expected to rise. The term "bull market" is most often used to refer to the stock market but can be applied to anything that is traded, such as bonds, currencies, and commodities.
you can find more explaining about the bull market in the other websites. |
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Hello guys!
Yesterday I just wanted to check how the prices of the GPUs are going and I saw that the RX580s have gone to 350euros per card and the Vegas 56 are under 800. GTX 1080TI's are still holding a strong price around 1k euros.
My question is - should I wait until Nvidia release their new series and wait for even bigger price drop or the new release won't affect the prices much?
Currently 1 Vega according to whattomine is mining around 3$ per day, which is not that bad, considering also the prices are low by a lot.
What do you guys think?
I think if vega is not too expensive for you, then you can go with vega because I don't really like with Nvidia but it depends on you, maybe you like Nvidia so you can wait until Nvidia release their new series. can I know when Nvidia release their new series and how much the price? I still use RX570 and one rigs with RX560 @6 video cards and I think I will build another rig with 7 cards of RX560 because I don't have a big budget. actually, I want to buy at least RX580 but it still too expensive for me and it's not worth for me. |
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Bitcoin price is unpredictable, it's hard also to guessing what is the problem why bitcoin price is down. But I think personally the price will not always going down, it will need time for it to reach the high price as in the past. So, don't worry and take your time for holding long term.
we only need to be patient for a while and I think we can do this if we are not getting panic because of the price is not moving like we want. bitcoin will increase back but it will need time so I think it is better for us to do another thing so we don't have to think about when the price is going to go up. there will be the next highest price that will reach by bitcoin and we can make a lot of profit. |
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Weekly Burst Report #28 The Weekly Burst Report is a report published every Sunday meant to centralize and outline the important Burst information of the week. The BRS 2.0.0 core wallet is finally released! You can download it on GitHub. I also recommend everyone to read the official release statement by the PoC Consortium. The 2.0.0 version is the foundation of the upcoming forks, a complete refactoring of the core wallet – not a single line of code was left untouched. Because of the magnitude of this task, it appears that 2.0.0 still has a few issues and bugs here and there that are going to be fixed in the very near future with a 2.0.1 release. The 2.0.X line will continue to receive security updates and bugfixes should they become necessary until the next major version arrives. The PoC Consortium anticipated this situation and actually asked the community to transition gradually to the new version in the release statement. “Let’s see how this new bird behaves in the wild, how it behaves when there are more and more of them.” The PoC Consortium insists that pool operators should not update yet. Qbundle users need to wait a little more to have their one-click upgrade to 2.0.0 – it will be available very soon. It will mark the beginning of the main transition phase for the community. The next major version is already underway : “the first commits on 2.1.0 (now the master branch) poured in, so we are on the way to 2.2.0” explains PoC Consortium rico666. 2.2.0 will be the pre-Dymaxion hard fork including PoC2 and dynamic fees & block size. https://www.burstcoin.ist/2018/03/19/weekly-burst-report-28/so I hope and expect that this will bring some good news for the investor burst and it will give a good impact for the price to increase. burst itself still in undervalued coin but have a good project and I think I will keep my burst and no matter how long, I can wait for the price. like another coin which have an upgrade to a new system, the price will increase later. |
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Both BTC and Altcoins have been rising these days and I know this is a good sign and it seem to mark a start of new high this year. Let's hold patiently for next few months, I think it is going to be rewarded.
be patient and don't greedy to expecting a big profit unless you are sure that the price will increase higher in short time. because sometimes we make a mistake and we hope that our profit will come bigger if we are not selling at the high price at the moment. but after the high price is reached, the price is only getting down and even its down too deep. I have this experience in the past and I don't want to get the same experience anymore so when the price is getting high at least two times from before, I will start selling some parts to take my money first and then I will wait for another time to sell at the higher price. Yes don't expect too much and don't greedy on your profits, The more you expect the more you'll get rekt so better be patience at all time. The market is going up eventually and you don't need to rush anything. the decision is always yours truly. everything you see is what you will get. We are going to be filthy rich by holding some of them. and if what we expect cannot become true, we will be sad and we cannot stand up and survive in the hard situations. just calm down and still have a faith in the market that it will go green again but it will need time to rise again. and this time, we are going to see many coins are getting green and I think it's a good time to sell some of the amounts to take the profit and hold the rest for another highest price. |
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If you really are a good marketer with a good timing and luck, you will always earn money out from bitcoin. Just simply buy when bitcoin goes down and sell it when its price gets high. Just do that again and again and you will surely get rich.
sometimes it will be difficult to know the good times to buy and sell if the market moving randomly so it makes us keep our bitcoin and wait for another increase in the price. but I agree that if we can do like what you said, our profit will bigger in the long run because we can always get a profit from one transaction. just learning more about the analysis of the price and the chart so we can determine a good time to enter the market and not miss the time to sell. |
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I think it depends on what we want to do with our bitcoin and what kind of our business. but for me, I am not thinking that bitcoin is a business because so far, I only use bitcoin to make money and I use bitcoin to withdraw to fiat and after I receive fiat, I don't use it for my other business. I use that money to buy something for my daily needs.
but if in out there, any merchants are accepting bitcoin for another option to pay the stuff, then yes I agree that bitcoin has been used for another business as a new way for the payment to the customer can have much system payment besides of using a credit card, paypal or transfer the money.
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I don't think that in the future, bitcoin will replace the bank if people still use the bank to make a transaction. right now, we still use the bank to keep our money, to secure our money without any risk, to grow our money even for a small amount. and it's a small percentage of people that know and use bitcoin for their daily transaction and they still use the bank to send the amount of money. besides that, if we want to buy something in an online or offline store, we still use the money to pay and we are not yet all ready to use bitcoin to pay what we buy.
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I think it is normal to wait for more than 3 months or you said 6 months because the projects need to analyze what is happening in the market and they don't want to make any mistake by releasing their token to their participants and their investor. especially in this situation which bitcoin hard to predict and this makes many devs and the team decided to delay their schedule to give the tokens to their investor and their participants. as long as they can be trust and the manager is very helpful for the participants, I think it still worth to wait until the time is coming to receive the tokens.
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I am sure that bitcoin will continue to grow although for now, the price is down again. I think in every level of the price, bitcoin trying to get stable and when the price reaches the highest price and then it's down for a while, it just to make the price stable and the price is not down too deep again. but I don't know because the price is unpredictable and it makes difficult for us to predict what will happen later.
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Bitcoin cannot govern the world since the governments on the world will not allow it. Governments does not allow any currency that is out of their control to have a major control on their country. Even though some are adopting bitcoins but placed a limitations as to how bitcoin can be used. If you read the news today Sweden is advertising their new coin by saying " leave your bitcoin behind and invest to a new cryptocurrency that ensures 100% profit". This may not be the actual statement but that is what their announcement meant.
It is indeed governments wouldn't allow any currency beyond their control but in case their FIAT is failing, I believe people will choose a better and available option like digital currency. As an example, In Venezuela, most of the people use BItcoin for their living because of the economic crisis. this is what will happen if they cannot trust fiat for their currency and they change their belief to other and in this situations, they start to use bitcoin for their living. but bitcoin cannot govern the whole world because bitcoin is not a government and bitcoin don't have any employee to work. bitcoin and other coin are like a currency on the internet and it's not related to any government at all. the government only can control the tax for the crypto user and unfortunately, the government still don't accepting bitcoin or make it legal in their country. but after the g20 summit, I think maybe many governments will thinking seriously about the cryptocurrency and I think they will start to find another information about the cryptocurrency. |
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The best altcoin to invest now is ethereum, presently it continues to rise. It's not too late to invest in it.
It's better to invest also in eos with 9% increased in 24 hours, or stellar with 11% increased. Review the price graph in coinmarketcap.
I think you need to wait for a moment if you want to invest in ethereum because the price is getting down but I am not sure how deep it will go down. but I think ethereum is too expensive to invest and it is better to choose the other coins which are cheaper than ethereum. maybe you can take a look at the coinmarketcap and choose only top twenty in that list and then you can analyze each of coins and if you do not yet find a profitable coin, you can move to another list which I am sure that you will find one or more coin to invest. |
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I think we should help a beginner to understand bitcoin by giving them right instructions , procedure so that they can earn and save for their family's expenses..
and it is better if we can teach them so they can know more deeply about bitcoin from us and with our instruction, they can start to earn although they cannot earn bitcoin, at least they can earn tokens. and if they have a passion to learn more about bitcoin, I am sure that they can do more than us and they can also earn money from the cryptocurrency. |
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