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Ethereum reaching $1 is truly an impossible task. Whenever there is good growth with bitcoin, ethereum also moves forward. This assures that there isn't any possibility for a fall in value reaching to such a low value with which it came to the cryptocurrency market. If this discussion was to reach $50-100 then there is possibility, because even few weeks back we experienced it.
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I hope it will continue to climb and never look back again until the end of the year if this happens we can see another ath in the next year for sure and I believe those who left crypto for the moment to skip this bear market will came back into crypto again and participate again in crypto activities, ieo, trading etc, we can confirm this when the btc volume transactions keep rising everyday.
Well said, but we're not in a state to assure the growth. The same form of growth could help with the market reach more than $10000 at least by the starting of the falling year. If the market goes on as predicted can expect the price to be at a new all time high by the time of halving. |
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That was true but here we are. We already pass and break $4k again but this time it lasted long. It seems we will stay longer at this floor price and we're going to have a slow increase to $4.5k. If ever things goes well or rather trader isn't their trading point yet, we might reach $5k sooner.
By now the price of bitcoin is found above $4100, and from the analyst point it'll surely clock the $4200 price which is being touched a day back. This time the market looked to have good resistance for an uptrend from the present market. As a new month has begun we can expect more of the growth than decline. |
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I gamble with whatever I can get my hands on. When I get some free coins from somewhere I use them. Sometimes casinos give freebies like Yolo gave LTC for free when they added LTC support. I also get referrals so if someone bets another altcoin and I get a share I don't waste time exchanging it but play with what I have.
That's good option to play with the funds you get from referrals and on the free bonus provided. This will help with the unnecessary spending on exchanging the coins to some particular coin to spend on gambling. As bitcoin is the most used I too prefer the same for my gambling needs. |
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Investing into bitcoin has got more risk associated with it. This is all due to the volatility of bitcoin which is also the best feature of bitcoin. These days we've got lots and lots of access to make investments, but those won't be getting us with the best profit when compared to bitcoin. With this we need to have the mind to take risk even when it is an investment to get the desired profit.
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There is a news around common people that bitcoin is a get rich scheme. This misunderstanding will be there with each and every user when they're new to the cryptocurrency market. Once after getting into the real market user will understand much about bitcoin that it is not a quick rich scheme. It is a success evolution from the blockchain technology which has got the potential to make an user get rich through the growth taking place with time.
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It seems to me that altcoins have much more chances for growth than bitcoin or other coins from the top 10. For myself, I decided that I invest in promising newcomers. I find little-known coins and see if there is technology and a unique concept there, and if I find it, I invest in these projects. Or start mining as for example Sound Money Coin.
Altcoins also have a high chance of falling. However, in the case of Bitcoin, you should understand that the entire market follows it, which means that when Bitcoin drops, so do Altcoins, but they never return to the place as quickly as we would like. It happens that when the entire market drops, the most affected will be the altcoins and causing some of them turns into no market value. If we have plan to invest with altcoins, we should have to consider it's market volume as well as its potentiality. A lot of altcoins exist today and so we should be wise of choosing the best one. Choosing the best in the market is the hardest one in the cryptomarket. Most of the users suggested the top altcoins in the market to be the best and the safest. Investing on any altcoins need to be done when the value is low and when there is assured return on holding. While investing we need to consider various factors and make a decision, and the present market is much supportive to altcoins investment. |
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Holding multiple altcoins is great, it importantly spread risk among the different altcoins. Having all your funds consolidated in one coin can be very risky, since we have seen many coins value get wiped over night.
Exactly, we should separate our funds in a lot of cryptocurrencies to avoid any risk of losing all our money. We shouldn't put all of our money in just one basket, so it's so great if we can hold multiple altcoins, as we can have some profit time to time. Agreed, diversifying is a must with cryptocurrency. Everything in a single asset could get you a big profit as well could end up with a massive loss. To avoid the same and have a better access to trading it is always good to invest on varied assets for long term as well for short term profiting needs. |
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Just now noticed from investinblockchain that Canada accepting bitcoin for paying Tax. This is one of most important positive news in my opinions. Accept paying tax with bitcoin means, bitcoin is fully supported by central government. I believe more country will encourage when most of rich country will start accept bitcoin officially. Tax payer can pay tax by using Coinberry app, and it will convert bitcoin to Canadian currency. That's really a positive news for bitcoin growth around the world. Most of the services accepting bitcoin does the same. This is all because of the volatility that bitcoin has, we need direct acceptance. The present acceptance is through an intermediary, there are several such service renders like coinberry and the most preferred is the bitpay. Also I suggest you to change the thread headline. Bitcoin with bitcoin is not fair. |
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I do not think it is sentiment, but rather optimism and hope that the price will recover to the ATH where it was before. The previous ATH has placed a benchmark for people to achieve that price again and with the price being more than 80% lower, people might be over optimistic about the recover potential of this investment. Take every small increase in the price as a big bonus and not as something that must happen in the future and you will be fine.  Yes, the previous price increase taking it close to $20000 has got turned to be the benchmark and people live on the same sentiment without understanding the true market. Even now there is regular growth after small swings between time which can be considered good for a long term gradual growth. |
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We are risking our money here and no matter what angle we do try to look at its never been an entertaining thing but rather a very pressure kind of investment yet
we do able to see falling prices on our investments unless if you are super rich and do like to waste up money then it might be entertaining for you but majority of traders
dont really have this kind of insight.
Trading is only sweet and entertaining when you are making profit without loss which is quite not so easy no matter what many professional traders tells us and I am very sure that those companies even calling him are probably crypto brokers that are looking for another scape goat to milk dry because that is what they know how to do best with their margin offer. Being super rich is what will even make the person not look the way of trading, most super rich people, end up gambling with their money, at least that one is more entertaining though game of luck, unlike trading that requires strategies. With trading it is not possible to get a regular profit through trading. Market predictions vary with time, upon which we could gain big as well loss big. As in the above quote super rich people use gambling as well trading as an entertaining factor. When they aren't in need of money they will be so lucky to get big earning through trading and gambling. |
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When an altcoin is traded for bitcoin there will be a trading fee for that, apart from this I don't find any fee being levied on the respective trade. Countries have regulated the use of cryptocurrency as well have levied taxes, and these taxes were levied upon the transaction done from bitcoin to fiat. This too isn that effective, and these are the factors that make governments oppose cryptocurrency as it is hard to tax them.
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People who are new to the cryptocurrency doesn't know much about the risk associated with bitcoin as well other cryptocurrencies. Who are already the part of cryptocurrency know that bitcoin is all about risk, and even when the market isn't that positive they give good support with lots of hope to the users. This is possible only with the true believers which a non believer can't say with confidence.
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As of now the people aren't ready to get transformed. Society is full of different levels of people, here people at the top will find it easy to get transformation. The low level people find it difficult and at some point they will adopt it. Cashless economy will continue to happen in a gradual manner.
No according to me we already has been transferred, people are using crypto currency more than fiat now, our economy has become higher with this change because you know people are so busy now a day so it is hard to get the chance to buy our needs after travelling long distances and leaving our work, instead of it people prefer buying online with online currency. That's not fair, however we get access to buy each and everything online, the consumer strength of direct buyers were higher than that of the online buyers. The direct buyers to have begun to use the digital payments which is why in recent days we've seen massive increase in digital payments usage. As of now cryptocurrency usage is limited and future might give a massive growth when the direct buyers prefer cryptocurrencies over digital payments. |
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Hardwork with gambling profits big, but one cannot expect the reward on each and every game. With gambling rather than hard work, smart work with tricks could increase the winning probability. Also while one is into gambling, user needs to give a break when required. Because at times there'll be continuous loss, by that time taking a break will help in recovery.
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Understand the risk so you can play without any regret.
Spending daily expense IMO is not recommended because gambling will give you winning chance less than 49.5%
Why should I spend on gambling while trading crypto for long term is more profitable
Agreed, gambling and trading is high risk involved way of making an earning in the cryptospace. Spending daily expense with the earning from gambling is really a difficult thing. More users easily get into gambling with the expectation to profit big without knowing the risks and the long term sustainability. Here very few lucky people win while majority fails. |
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For the true believers, Bitcoin will always have value as long as it exists.
We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.
The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.
It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.
Along as it exists, the bitcoin will be forever useless and the true believers will use it. More that the profit it gives us, it will be much happier if we use it as a global currency that are free to use anywhere. As long as bitcoin is there, cryptocurrency will makes sense. As mentioned for users who doesn't have a better thinking about the evolution made by technology will find bitcoin useless. People who have known about the growth it has attained in a much shorter time period through bitcoin investment find it much more valuable. What they don't express is the panic, as the market fluctuates there will be panic waves around and it's been consolidated. |
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Is it only on Kraken? Sharp drop since one hour ongoin, could form same pattern as seen on 3/21/2019 just days ago. Small bounce would confirm, still pending.
It's trading currently at $3,897.60 in Kraken exchange but in other exchange, it's still trading at $3,900 above. Sometimes prices differs but what I'm really looking is the general trading average and I am not seeing a significant dump based on this.Each exchanges have some different set of market cap and price values so we will never predict the all exchanges value. If they see sharply in all the altcoin some coins price will going to moon. So we must pic our desired gems in crypto investment. This does not happen most of the time, it's very rare to see price differences especially for high volume coins. If there is a price differences, it would not be good for the market as traders can arbitrage on it. It is not occur at all the time, But we must agree this situation because of huge volume coin fluctuation is really disappointed in trading platform and all are panic to sell continuously in that exchange so it make some noise. We better tackle this situation we will never argue this issue. Different price sometime attract arbitrage trader to move their assets to another market. Like what you said, it is very rare to happens and maybe it will only happen in short time because of that arbitrage traders. As mentioned arbitrage Trading happens in the market very rarely, and also it is very risk involved. Because being in one country and making an buying in other country requires a support from a person residing in the next country. This happens only on trust and I have seen the biggest of such an opportunity with India and rest of the world when demonetization came to effect in India during 2017. |
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BankCoins are doomed for failure. I think SWIFT will eventually partner up with a Crypto currency/Blockchain based technology partner, like R3 Banking group <Corda> to improve their in-house legacy systems and all these other Bankcoins will be rendered worthless in a matter of days. This will not influence Bitcoin, because inter Bank settlements are not done with Bitcoin at the moment. The only cross border payments are direct Bitcoin transfers and some remittance services. Agreed, now cross border transactions were happening through bitcoin. Already there were more banking coins that are developed for inter banking services. Bankcoins will also get value if they're operated as a separate channel than collaborating with banking services. Because when it's is combined with banking it automatically goes as a centralized platform which again benefits the venture and not the users. |
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It would be hard to reach new ath since there would always be sellers in the market. It would seem that in the price will not increase indefinitely in the future because of this. However, it is undeniable that it is not a delusion since it has actual use case and has potential as a store of value.
The market at present is stabilizing much more than the days till 2017, upon which this could give a big bullish trend. Though the sell market is found high the level of adoption is increasing which compromise inflow and outflow in the market. Till an user finds a good profiting it will be hard for them to accept bitcoin. |
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