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I think this is just a coincidence. because gold and bitcoin are two different types of investments they have different units of account. and if we look at bitcoin has very high fluctuations while gold does not. the value of gold is very much influenced by the dollar while bitcoin is not. so I think bitcoin doesn't follow the gold movement.
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The Hype from bounty campaigns (altcoin paid), IEO and STO are now over already and do you know what is the future right now when it regards to bounty campaigns??
Bitcoin-paid campaigns.
If you will observe, there are few Bitcoin paying signature campaigns right now who are still here after how many years (including my current signature campaign). They are still here because they are paying Bitcoin, the most trusted cryptocurrency right now. If bounty campaigns will do the same, then the future of bounty campaign will not be uncertain anymore.
yes i agree with you. according to this time bounty hunters are also more selective in choosing projects. and on average the projects they are taking part in right now are bounty campaign projects that make payments with bitcoin. most investors and bounty hunters are not interested in joining ICO, IEO and STO projects, most of which are scam or fail. |
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I doubt bitcoin can reach $ 14k before May because at the end of January the price of bitcoin is still stable at $ 8,800. my target of bitcoin will be to reach $ 10k before being reduced by half in May. and my prediction at the end of this year is that bitcoin will reach $ 15k. it is very difficult to predict the price of bitcoin everything is possible in the bitcoin market.
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if there is a third world war it will certainly have a big impact on the world economy. especially if the war is a big country like China, America and the world's oil producing countries. and certainly war will always bring destruction. so there must always be an effort to avoid war. and I think the people at this time are very sensitive and always protest when conflicts occur between countries. so that the third world war can be avoided.
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everyone has different ways and strategies to benefit from the cryptocurrency project. some people still believe in ICO, IEO and STO because they think there is still a possibility for new altcoin to succeed. but I personally am not interested in investing in ICO, IEO and STO projects. because I have suffered a number of times even though I have done previous research. at the moment I only believe in bitcoin and some of the top altcoins.
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yes it is a good idea to promote bitcoin. we as part of the bitcoin community do have an obligation to introduce cryptocurrency and blockchain to others. I hope your plan can run smoothly. I also always tell stories about bitcoin and cryptocurrency to family, relatives and friends. More and more people who understand and are interested in investing in cryptocurrency will have a good impact on the cryptocurrency market.
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some altcoin can indeed provide greater benefits than bitcoin. but of course the risk of loss is also greater. if bitcoin goes up a bit, some altcoins increase by 10% more but when bitcoin goes down altcoin can also go down more. but if we can make good use of altcoin fluctuations we will benefit.
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I don't know what happened with the Ethereum, why this coin's price is not growing that much? Without Bitcoin pumping, Ethereum can't grow a bit. Where BCH or even BSV price keeps pumping like the bull run! Now, 1 BSV coin's price is more than double of 1 Ethereum. I am a holder of Etherem, but day by day I am being frustrated by holding it, it's price is far lower than 200 USD! Unbelievable. What do you think guys? Should I convert my ETH into BSV or BCH for more profit?
same as you I am also a little confused seeing ethereum tends to be stable at the price of $ 150 although bitcoin yesterday experienced a fairly large increase in ethereum only rose by a few percent to less than 10%. since the sinking of the ethereum ICO project has also lost its value. but I still think in terms of ethereum technology better than BCH and BSV. and I'm still optimistic that eth can pump after eth version 2.0 is released. |
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I think it's possible for bitcoin to reach $ 15k by the end of this year. $ 15k is not a high value. if in the middle of this year bitcoin can reach a price of $ 12k I'm sure at the end of the year bitcoin will reach $ 15k. I hope bitcoin is reduced by half this can push the price of bitcoin to reach $ 15k by the end of this year.
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If the price of Bitcoin rose during the previous halvings, then why not increase during this halving. The assumptions are quite logical and I do not see any difficulties for Bitcoin to grow by 100% during this large-scale event. It is possible that this growth has already begun.
yes I also agree with you 100% increase is not a difficult thing to achieve bitcoin is still logical. I am also one of those who are optimistic that the price of bitcoin will increase after halving. if the price of bitcoin in May is $ 10k then if this prediction is correct then by the end of this year it is likely that bitcoin will reach $ 20k. |
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Today your question was answered. Increase bitcoin doesn't last long. because today bitcoin has decreased by 5%.
Actually no one knows for sure the increase in bitcoin yesterday was caused by the effects of bitcoin which will be reduced by half or just whale manipulation. but I think most likely the rise yesterday was whale manipulation. and currently approaching the bitcoin Lunar New Year is decreasing I think also the manipulation of whales that take advantage of the Chinese New Year moment.
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the big thing that will happen and awaited by most crypto users is that bitcoin is reduced by half. this will have a big impact on the price of bitcoin.
and after being reduced by half of course the big thing that is most awaited is the increase in bitcoin. all crypto investors will definitely hope that bitcoin can reach the new ATH or at least return to the price of $ 20k.
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actually we need to use real bitcoin so that adoption of bitcoin can be realized. if we don't learn to use bitcoin for payment. then the adoption of bitcoin is not possible. and now there are several shops and companies that want to accept bitcoin as a means of payment. so in my opinion although the value of bitcoin is very volatile, occasionally we should try to use bitcoin for payment tools. and paying for things with bitcoin will not use up the bitcoin that we have. we can still hold bitcoin.
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I think this is only a correction. or this is the work of the pope who made use of the Chinese New Year moment. yesterday someone had predicted that the price of bitcoin would decline during the Chinese new year. Chinese New Year falls on January 25th. if this prediction is correct then in the next 5 days it's likely that bitcoin will continue to decline. but this is only a prediction that can be true or false.
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When the price increases this much you regret. I'm sure that if the price touched $30 when it got dumped you will think twice and decide to wait it until it hits $25. This kind of thing happen to most of traders and there's no point to regret it. But rest assured, in my opinion LTC won't hold long because you know all the bad rumour and bad news this coin has.
I agree with you that most crypto investors always think like that. always hoping prices can go down further and delaying buying, they end up regretting it when their expectations don't match reality. and sorry that it will not provide better benefits if you wait for LTC to go down again or try to invest in other altcoins such as EOS and Binance. |
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because in reality today most of altcoin is a scam, cannot last long and has no real use. and now it is very difficult to find a good altcoin and has the potential to increase and grow.
so people who are mostly investors are more interested in investing in bitcoin than altcoin. and for the past two years we have been on the bear market and almost all altcoins have lost their value.
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I don't think buying every drop is a good strategy. because sometimes coins decrease in small amounts. it's better to wait until the coin drops by 10%. then just buy. investing or trading cryptocurrency is not easy because the price fluctuations are very high. we must learn a lot and also be good at speculation. and also must always observe the state of the crypto market whether we are in a down or up trend.
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of course what causes bitcoin prices to increase is the increase in demand. and in my opinion the rising demand for bitcoin is influenced by several things:
1. The conflict between Iran and America earlier this year caused some investors to shift their assets to Bitcoin.
2. maybe the current increase is the manipulation of the popes.
3. The current increase is the effect of bitcoin being reduced by half in May. bitcoin is reduced by half encouraging new and old investors to buy bitcoin.
The pump is low when Iran and US war erupted so I think it doesn't contribute on the hype since it doesn't give any strong movements on bitcoins and the one reason I think for the current pump is the halving since the hype is starting to grow up specially when people saw the slowly rise of the price and provably we can see more coming in these coming days. yes, I agree with you the main factor driving the rise in the price of bitcoin right now is that the bitcoin hype has been reduced by half. because the moment of bitcoin is reduced by half this only happens once every 4 years and the fact that bitcoin always experiences an increase after being reduced by half makes investors interested in buying bitcoin. hopefully this year bitcoin can reach ATH $ 20,000. |
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bitcoin is reduced by half only happens once every 4 years and this will always be the moment eagerly awaited by most crypto investors. because if we look at the history of bitcoin it always experiences a high increase after being reduced by half. and this year bitcoin will be reduced by half. therefore from the beginning of this year bitcoin began to increase because maybe a lot of people started buying bitcoin because they were interested in bitcoin halving day.
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I personally prefer to hold bitcoin and ethereum. They are good coin and more potential to hold for long term.
I think your choice is right and the same as my choice which so far has always trusted Bitcoin and Ethereum for me to keep for the long term for more than a year. because in my opinion both are potentially profitable and always provide a good return if we wait patiently. Why do people choose only BTC and ETH? I think there are thousands of new options right now for everyone and every day I find posts like this that make me boring. I think if you want to make a bigger profit then you should find a new project to invest because these are projects that often attract a lot of investors. In fact, if it is a coin with good technology, it will definitely increase the price very quickly and you will easily earn a profit. In my opinion, choose some new coins such as ATOM because this coin only appeared last year and the current value of the coin has increased by more than 4654% so take the time to search before you miss the opportunity. because the two coins bitcoin and ethereum have been proven to last long on the crypto market and already have a large trading volume, market capitalization and community. and these two coins can also be used for real. so the possibility of a crash is very small. whereas new altcoins are largely unable to last long on the crypto market or survive but do not have trading volume. so it's better to buy the top 10 coins even though the increase is not as high as altcoin but can last a long time in the crypto market. |
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