I have recently been into altcoin trading. I just want to know, does the price of bitcoin affect the price of other cryptocurrencies as well? How? I really want to know. I have noticed that ever since the bitcoin price pumped up and reached 4,000 USD, the price of the altcoins had gone really really low. I almost lost my invesment due to this sudden drop. Does bitcoin price have something to do with this?
There are many possibilities in this regard, but in my estimation all of this follows conditions in the crypto market, many investors and traders throw away altcoins and transfer their funds to bitcoin. Although not all altcoins have decreased, but there seems to be a bitcoin effect so some altcoins have dropped dramatically. |
|
|
|
|
If I have chosen the right platform, the price of tokens will gradually increase in the market, although sometimes it always starts with a decline, I remain calm because the tokens I hold will grow back, I really think that is stupid to sell now, don't let panic get what best of you and be patient. Come back and look at the graph before, those who panic sell during a crash always end up regretting when the bulls return.
|
|
|
|
Bitcoin hedead to zero?
The former ceo of paypal Bill harris said that,bitcoin's value will continue to dwindle until it gets "eventually a whole lot closer to zero."and saying that there's just no value in bitcoin and "Bitcoin makes no revenue, no profitability."
he also called the cryptocurrency is a
"colossal pump-and-dump scheme, the likes of which the world has never seen."
I think this is non-sense, what about you?
Source: cnbc
I will not be affected by such a person at all, and I am sure that person does not have Bitcoin so he cannot feel the benefits of holding Bitcoin, Bitcoin is very valuable because it has multiple functions, you can use it as money, as a bank, or as an investment front. It is appropriate if the value of Bitcoin becomes expensive, and I think zero will be far from Bitcoin. |
|
|
|
I was a part of korona coin signature campaign from the bountyhive portal after working of 3-4 months i get to know that ICO did not reached the soft cap and i was not awarded any thing....that has caused me depression now....how the hell i choose a good bounty...after doing some research users suggested me bountyhive is good and i got this...what now...how to choose a good bounty that atleast pays somthing...some say good bounty managers but some of those campaign pays as well.....which ico rating sites are best for this please help.... Currently which is the best campaign to join can anyone suggest....  Just select the gift that has an experienced gift manager and guarantee the participants to get paid. this is very important in choosing gifts because that is what I always do in choosing ICO projects. If they cannot reach their soft hats, they will never pay for your efforts. |
|
|
|
https://bitcoinmagazine.com/articles/south-korean-supreme-court-rules-bitcoin-asset/ I read about this news that in south korea bitcoin is legally become recognizeable as asset. I do think bitcoin is a currency and not an asset. I dont know whether this is good news or not for cryptocurrency. One thing i believe with legalization from goverment i do think more investors will come to invest in bitcoin, but i think if bitcoin become an asset its not as it suppose to because i believe bitcoin should be a currency which is currency is for transaction and asset is not for transaction. Bitcoin is a digital currency that can make transactions easier because it is done feer-to-feer without a bank, because that is why almost everyone wants to own it, while Bitcoin itself limits the amount of supply and makes this currency very valuable in the eyes of the world, this is what makes people hold Bitcoin because they believe its value will increase depending on demand and scarcity. |
|
|
|
|
The high number of participants affected the small amount of rewards we received at the end of the campaign, and I think the team manager did not limit it. this must be a concern because we as bounty hunters need a decent fee to meet our daily needs. I also don't know how they count in spreadsheets. But I can say that I have never experienced problems or difficulties paying the same.
|
|
|
|
|
It depends on what Bitcoin gives to its holders, and Bitcoin can be called a national treasure if it impacts the progress of a country's economy, and Bitcoin is valuable for those who have invested before 2017, it's like finding treasures because they experience bull markets at the end of 2017.
|
|
|
|
|
I think that being able to control the price of Bitcoin is a person with big capital and a lot of Bicoin ownership, they can control the market through Btcoin, we don't need to worry! Use every opportunity present in your life. Don't think about them, keep struggling to realize your dreams.
|
|
|
|
BITCOIN vs ETH ? your thoughts ?
Coins that are extraordinary and both have always been the destination of investors around the world. Bitcoin is the pioneer of cryptocurancy and is the parent of all crypto, and is used as a place to store assets by crypto investors while Ethereum is built on the BTC framework to incorporate more advanced and better features. ETH is considered as the 'founder' of smart contracts on blockchain. I think they will continue to co-exist to reach more investors. |
|
|
|
I see many discussions about Bitcoin's current situation as "Bitcoin is dead" or "How long will the price go down?" etc... Well, here's an explanation: Are You an Investor or a Gambler?Think about it a little. When you bought Bitcoin at $ 19k or $ 12k, did you know what you were doing or came into the excitement of the moment? If you bought for this price, you should have at least a reasoned opinion that the asset would go up higher. After all, no one buys expecting price drop. Did you buy Bitcoins using major money in your personal expenses or used a cash reserve?I saw many people taking loans to buy Bitcoin in December 2017! This is not correct, who is an Investor, uses only the money that is left over, not the money that is needed. You can never use your money in the "expectation" of profits in the short term! Why is the price dropping?Bitcoin is undergoing a phase of correction in its price. This is quite common in the stock market for example. When an asset rises abruptly (irrational pricing), it is normal for it to have a value correction (rational pricing). Will the price rise again?After the high of December 2017, we could see many people, mainly without knowledge in this market, who saw news like "Bitcoin valued 10,000% in the last 6 months" and began to buy only by the excitement of the numbers. Now, these people who bought Bitcoin at $ 19,000 are desperate for the steady fall in price. Many people are selling accepting a loss because of their inexperience. Should I Buy or Should I Sell?This is up to you. Before you make such an important decision, study the market. Returning to the high price situation in December 2017: do you think big players were buying at that time? with the price at $ 19,000? Come on! The answer is NO! They were selling. They bought while it was cheap and sold on the high. This is the difference between Professionals and Amateurs. As one buys low and sells on high, the other buys on the high and sells low. If you want to be an investor, study it. And, more importantly, do not make decisions based on news! If you identify with this short article, I hope I have helped!  I agree with what you write, I hope everyone in this Forum reads so that they can share it again with the beginners, what I want to strengthen is the issue of investment money, even though currently the price of Bitcoin is cheap but still you only use the remaining money, not money needed, let alone having to borrow from the bank because we don't know when Bitcoin will rise again and give you a good return. |
|
|
|
|
That's just their mask to attract more people to use their exchange services. Exchangers are a place to turn digital money with fiat money and there are so many benefits they generate. I don't think that will have much effect on prices because what affects the market is market demand.
|
|
|
|
It's a Very Struggling time for Cryptocurrencies. The Market Goes down approx 10 to 15 Percent. Bitcoin Drop down $7k, On the other Hand, Ethereum goes down $400.
Yes, I see the prices of Bitcoin and Altcoin continue to fall, even I do not think Ethereun can drop the price as fast as that even though Ethereum has a lot of good ICO projects. but I was tempted to buy more Ethereum before the price skyrocketed again. |
|
|
|
|
I can't tell you because I didn't sell anything during bloodshed. That is the time when someone has to buy coins or at least hold what they have. Of course there are coins that must be sold very quickly immediately after their appearance on the market.
I just said it was possible to make good profits with them, even though it was very unlikely.
|
|
|
|
It's dangerous the same way as fiats may be dangerous - can be used to buy illegal, wrong things, benefits and services. But that way we can ban all money
Maybe because crypto is a digital currency, the way transactions are feer-to-feer, so the government and banks cannot track it, besides there is no income for the country, this kind of transaction can also be used as illegal transactions such as human trafficking, arms purchases, or drug purchases illegal drugs, even though crypto is only a tool, which determines its direction remains human. |
|
|
|
why does everyone start to panicking when they see the price of Bitcoin dropping so much, in my opinion it is natural that the price of Bitcoin falls because Bitcoin has experienced the same thing as now, so I suggest not to be afraid and panic. we will see from this graphic : 1. On April 29, 2013 the price of Bitcoin was only $ 135.30 2. and on November 30, 2013 the price of Bitcoin increase high at the price of $ 1,149.14 3. then on January 2, 2014 the price of Bitcoin decreased at a price of $ 773.40 and on December 31, 2016 the price of Bitcoin began to increase again 4. and the price of Bitcoin began to rise high at the price of $ 19,783.30 on the 17th of December 2017 and as we know, now the price of Bitcoin at $ 6,948.46 and this is indeed down very far compared to prices on December 17, 2017, but it has already happened in 2014 where the price of Bitcoin dropped very far and it continues until 2016 and in 2017 finally Bitcoin prices start to increase again (it takes around 3 years to make Bitcoin prices rise). so from that, I'm sure the price of Bitcoin will increase again even though the time needed is not short. Yes you are right, don't worry and don't be afraid to see the price of Bitcoin continues to fall, I think it's still normal. try to see history in 2014 where the price of Bitcoin dropped very far and continues until 2016 and in 2017 finally the price of Bitcoin began to rise again. the point is if we want to invest in bitcoin we must use money that we really release so that you are not burdened to wait for Bitcoin prices to rise again. |
|
|
|
|
I really think that most of the world is not ready with Cryptocurrency I really think there is a need for more knowledge about technology, or if there is no particular seminar needed to take on people who want to know more about how Blockchain is.
|
|
|
|
|
A lot happened this year and still bitcoin is at the top of all the currencies when it comes to value. Although it went down for a lot of number it is still enough for others to feel the profit specially the early adopters.
We will see it next year what else could happen.
|
|
|
|
|
So there is nothing to worry about. Don't panic sell. Try developing a new project. That's about bitcoin!
|
|
|
|
|
It turns out that today's chart follows the direction of the previous graph. so I don't panic with this. Keep calm. if you have money, I always buy bitcoin to collect. Everything will be fine in time. so wait for the right time to pick it up.
|
|
|
|
|
Maybe in the future Asia will make the decision to legalize bitcoin, in Asia Japan the first to legalize bitcoin from other Asian countries need time to realize it is not easy with the lack of technology in less developed countries, the law does not mean a bad obstacle because they can still sell Bitcoin without problems only to not make legitimate payments like fiat.
|
|
|
|
|
Show Posts
