 Why governments in most of the countries do not wish bitcoin to be legal? If bitcoin approve as legal in every country will there be any impact for users? maybe the best reason is because this bitcoin has an unusual price fluctuation and there are those who have large amounts, if only the demand on BTC is weakening of course this is not a good thing. After all, I think bitcoin won't be a payment tool because these factors |
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Do you agree if Bitcoin finds a meeting point for stable prices in the range of $ 4000 - $ 5000 ...? and I think you might not agree but if you look at a few weeks until now, this is what happens to the price of bitcoin still at $ 4000 maybe this is the best way for bitcoin or bitcoin that is still in transition
The last multiple times the shorts looked this much, both recouped about half of the fall previously. Which returns us at about 4.9k tops previously we go down once more. Accepting the cycle rehashes. Clearly this won't occur in a couple of days. Prices for drop are easier than when to go up, this is what has become a problem for crypto, people hope that prices will go up but if everything becomes HOLDER, I don't think that is a good thing either. Because usually when trading volume starts to disappear people easily panic and price stability is disrupted |
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If developing countries happen to get a regulation of the cryptocurrencies(they have to) then this will lead to second phase bull market . I suggest people to stay along with crypto as it is unstoppable . Be it legal or illegal, people will use it . Actually , the countries making it illegal are stupid as people would use it irrespective of the legal involvement . After every bear, there is a bull waiting .
I do not mean to scare the scare, but I think a lot of news about a country that has been regulating crypto and the results, this still only gives crypto price stability, absolutely not able to make the bull phase run back like it used to. Maybe this is the old way and we always need a new method to make another bull run phase |
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Asking a CEO of a bank what they think of #bitcoin is like asking the CEO of a taxi company what they think of uber. Do you agree with the sentence above? Do you think the bankers all hate BTC? Or they have already taken part in cryptocurrency world? Looking forward for your ideas. Detialed discussions and opinions can be checked here as well https://www.reddit.com/r/jex/comments/a9xtvg/will_things_be_different_in_2019/this was done maybe because the bankers did not want their jobs lost. because when compared to the central bank, of course the BTC still has a better level, but the bankers want to give a bad stigma to crypto. |
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Coins should always be considered in a safe storage, there are lot of wallets and platform that could be used to hold coins, both of this has good side and bad. Where will you choose to store or hold your coins, in a close source wallet (exchanges) or an open source wallet?
the best coin storage is wallet hardware, in my opinion it is the only safest way so far, unfortunately cold storage only supports coin so that those who want to save it have no place other than the web wallet. But now there are still many lay people who are easily fooled because of the same website appearance |
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the price of bitcoin has been changing dramatically, and many people have invested in bitcoin. And they get a generous return. these stories attract more people to join Bitcoin. in my opinion, this is precisely an obstacle. It is an obstacle for Bitcoin to be used on a large scale. It requires a stable value for a currency that is used on a large scale.
Therefore since bitcoin is indeed a very unstable price and in my opinion it is impossible to keep it stable. Then we can't carry it on a large scale. But the funny thing is there are still industries that need this, in my opinion that's the reason why there are still many people interested in bitcoin at this time. This is no longer an obstacle, this is a lack of bitcoin |
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As far as I have, there are many services that close for exchanging ETH / BTC with Paypal Balance. Either because the paypal trend has begun to be abandoned or what. But maybe there are still some people who sell personally, the problem is 75% have the risk of scam
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I am looking for a few recommendations of places where I can go to buy Bitcoin with a credit card and has low fees. Can anyone recommend any good options?
For newbies I advice they use escrow groups where they have legit sellers and buyers managing the group or better still make use of Luno or remitano. We have lots of scammers out there and for you to be on a safe side. in my opinion using such an escrow or OTC group, it will only make us deceived because now there are many fraudsters who use more than 2 accounts and pretend to be sellers and mediators as well. Scammers like this type should never be given a space. Luno is good to go  |
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for all outsiders that enter this,
you have to understand that the current claim that bitcoin suffers from a "bear market" is absolutely wrong.
the bitcoin founders in their unlimited greed tried to push the price as high as possible, but ultimately wasted, aquired all possible support they were able to obtain.
without potential new kapital to attract they are now in a stuck situation, as they cant attract new capital anymore to push the value of their beloved "bitcoin"
this stagnation combined with the automatic liquidity loss (miner electricity and infrastructure bill) leads to a slow drain out of capital for bitcoin.
but thats not all, they also are trapped in a death spiral, as people that use bitcoin as a currency, will pay it to someone who doesnt share their "investor confidence"
through the existing deathspiral the bitcoin "earners" then sell their bitcoin in the market again which leads to a continueing collapse in value.
the whole story about "bear market" is just wishthinking or worse deliberate satisfaction, or moral stabilisation procedures to keep intact their "community".
from a socioeconomic perspective of bitcoins situation
according to logic, you are never in a bearmarket, but in reality in a support loss spiral
regards
even if indeed this is a bear market condition, then this is what should be utilized, if we can only blame the market conditions that are bearish or also often blame the market when it has crawled up and we have not yet got a position. Bitcoin can still be expected for a long period of time |
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1. Speculative/trading/buying coins hoping to get rich.
2. As a medium of exchange, currency to buy stuff just like you would for money.
3. As a means in itself to make money, i.e mining.
Also why did you get into bitcoin?
1. You were one of the first movers? You thought it was cool, interesting, you were here from the start?
2. Revolutionary ideas that it's going to change the world, banking system, etc.
3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me).
4. Speculation, wanting to get rich.
Mostly, i use it just as medium exchange, to trade for an digital item, buy paypal balance, exchange it to my FIAT balance just when i need it for an urgent and Hold some for a long-term. |
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Do you think crypto has hit it's very buttom for this year.... the market want red yesterday.. but I'm thinking it won't go lower than this..
Please whats your take on this??
if what I see, this market can still go down even further but interrupted the moment there will be a moment that rises and also certainly it only applies temporarily, we should also be able to take the opportunity |
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Let's all be prepared ,the way I'm seeing things I think bitcoin hasn't find its bottom yet ,I'm guessing around 2500$ before we see better recovery ,always remember cryptocurrency is never for the weak ,be prepared and do what you do best ,things will surely turn around but good things never comes easily .
but in other parts of the forum there has been a discussion about factors which of course can make a bitcoin bull run in 2019. And in my opinion it can be a good reference even though we must be prepared in the worst situation too |
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bitcoin is already not trusted by people, but I am still working to find profits on bitcoin coins, I still believe that bitcoin coins can be invested, we are just waiting for the bitcoin price to improve
absolutely right, preparing to start from the beginning is the best action for now, at least it is better than joining FOMO which of course can make us trapped in difficult market situations |
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About Bull Run 2019?
There is a saying “what goes around comes around”. Most institutional investors and countries that once ban crypto asset trading and advertising now fully embrace crypto currency in the lite of china , Facebook etc. despite this unbanned I will base my judgement on the fundamental analysis why there will be a bull run in 2019 which are outline below :
Coinbase Expands Trading Platform across Six Additional European Market
Litecoin’s Franklyn Richards Says Cryptocurrency Will Be Institutionalized
Israel’s Central Bank Seeks Public Input in Crypto Regulation Initiative
China: Media Alliance to Use Blockchain Technology for Copyright Protection
Number of Crypto ATMs Steadily Growing Amid ‘Crypto Winter,’ Data Shows
this factor in my opinion is enough as a thing that can make bitcoin for this bull run in 2019 and it should be if from the start there have been plans like this so from now on the bull run should have been in the early stages |
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For some people like me, trading is very risky because market fluctuation very high. I am prefer invest and hold it for long term because i see the potential of this market. Its true that trading profitable because its making profits from market fluctuation but it need trading skill and dicipline on our strategy
besides that experience in trading becomes very important to support skills in trading. many are only aware of the profits they get, without knowing the risks, and that will backfire for themselves. for those who have experience in trading, high fluctuations become an advantage for them traders like high volatility in market.this movement create huge opportunity for them to generate profits.so more expert us in analize market more opportunity created for us to gain profits. but we also have to look at the market conditions, trading in a moderate market condition, bearish is also very bad, inaccurate analysis and cause us to take the entry at the wrong time. The level of risk usually has a higher level than the expected profit |
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A minor fall of BTC and stupid money goes panic selling.
Get it into your head:
-unless you have a really really really large investment in BTC, BTC won't bring you as much profit as the best alts that have not already been too pumped up will
-BTC is not end all of all crypto. It is important but crypto does not depend on it
-crypto will not die, it will grow much much much bigger so stop panicing!
-if you chose good alts, you have nothing to panic for! If you don't trust you chose good alts, you shouldn't have invested in the firyt place
-buy BTC with FIAT!
I think you're wrong about this, Bitcoin is the root of all coins in crypto and also as the core. Bitcoin goes up, down. and so also when Bitcoin goes down. Panic is not a completely wrong thing either, people just try to take safe steps. |
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I fully share your opinion. At the moment I do not invest in projects. While I only trade. But I also believe that it is necessary to support promising projects that can benefit people.
indeed, for now trading is the best choice compared to investing in projects because when going through a red market, many projects begin to make excuses to extend their time so that it can also affect when the project has been listed on the market. Finally, both of sides didn't get any benefit from it |
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