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FTEC is actually a hidden gem for anyone who must have gone through the white paper, taken time to check the team out and do the needful research on it. They have a very good project that actually would bring a huge demand for the FTEC space and if the team can pull everything off nicely, this is one project that is worth investing in.
Everything stated by the application of this system is something that is going to be highly needed and with the strong team, it is sure worth 4.8 on ICOBench.
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The drop in the market and the start of futures trading is not just a coincidence. I argue that digital money will never rise in price as fast as last year, due to the availability of futures contracts.
It is not like a time will come that it will not rise in price eventually but this year is not just the time. With or without suture contracts, the market could still have ended up exactly as it is. After all, this is not the first time something like this will be happening. One thing is that the market is hugely manipulated and I am sure most people already know that, and in that case, we just have to be very careful how we are trading the market or investing as well. I agree that the futures could still have a lot to do or possibly skyrocket the dumps, but it is just what it is. |
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The total cryptocurrency market was $238 Billion a few hours ago and yet the market is almost $260 Billion.
The price does not rise much and if we continue this way we will have a very big fall, because people get tired because they do not see a big increase and they sell and as always the price drop generates panic and panic it generates more price drop, so we will not be optimistic because we do not have much demand for the moment and just to remind, the governments of many countries are adopting very tough measures against bitcoin, so this is affecting the price That is the idea and what the whales simply want. Let the weak hands that are still having some slight hope get broken and get out of the market to be able to buy up all their positions while they come back whining to join FOMO over again after being screwed. From this last move that happened though, I was not expecting any smart investor to really count it as anything as that was a very weak bullish momentum. Moreover, we have very huge resistances above us, so, it would take more than what we just saw to be able to break through them. |
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Is this a good time for Facebook to try new kinds of stuff. Facebook owner Mark Zuckerberg has become the world's third richest man in the world and he has achieved all that just because of technology and a right idea, So do you guys think he will now at least think about experimenting to take bitcoin as a payment method in facebook. I think that will surely change a lot of people's mind around the world and they can freely put some money on facebook business.
That is one thing no one can say since that will all ball down to the management of Facebook Inc. as a whole anyway, so thinking is not really an option if I am to really answer. If we are to really think out loud of possibilities of what could happen, I would say Facebook would rather want to implement the blockchain technology into the Facebook website by possibly creating their own token or coin for usage on the social media platform. They have the products, they have the market, and it would be easy for them to create huge demand for it. |
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This is not a break out? Break out doesn't happen this small, it usually happens like a huge rise in the price. Going to 6k is not a huge spike like a breakout would. Altcoins that gets pumped and dumped shows a break out, they get like %80 price rise in one day, than drops like crazy the next day.
This is just price correcting, if the price goes up or down too quickly than the price corrects itself at one point. Sometimes its just couple bucks, sometimes hundred bucks but at the end of the day the "too quick" movements gets corrected for both directions.
It is even obvious already with the way things have turned out. It was more like a fake break out as far as I am concerned, and it is normal to see cases like this during downtrends most especially when there is huge manipulation in the market to send the wrong signals to some new investors and some few traders who are just trying to gamble the market. This was a short one upward which possibly has ended up forming a rising wedge with the buying momentum dropping further. |
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I know that everyone is very bullish about bitcoin. However, its really hard to say if we are going to cross $20K because we have been struggling since the beginning of the year and price fall from $19K to $6K.
What we should do is just continue to monitor the price. Currently the price this week has been steady at around $6500++, which indicates that investors are not panic selling and more and holding right now and this is not a dead cat bounce as others might have speculate. If you crossed $7K then it might be a start of break out run. So conservative estimates would be around $10K-$15K. If we got to a new all-time-high then it will be a big bonus.
Now is not even the time to be bullish yet about bitcoin as I believe we still have some pretty downtrend level to face in upcoming days, and before we can even start considering any serious bullish momentum of reaching the previous ATH, we must have hit the solid bottom, where the bulls would have taken over. We may start seeing another level of FOMO in the market afterwards. So, I would rather be conservative in the short term or rather this year than to be expecting any big bonus. |
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I'm pretty sure that the last $5k mark crash id going to be the last of it. It bounces back easily and a few more months, we could see bitcoin going unstoppable on the last quarter. I'll be honest that I panicked a little and I'm sure some of you did too.
Why should anyone actually want to panic and it is not like it is something their panic can solve anything. It is a market, it is certain that we could even fall a bit lower eventually, but the thing is to know what to do in such scenarios or to buy more and wait for the long term. One thing I am sure of is that this market is really in a giveaway state with the value we are seeing now and anyone who wants to go long for the future, here is a very good opportunity for them. |
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I am not sure about that bitcoin and other coins are verge of going to the moon. I hope the bulls will come in the next months, but I think the prices are still not giving a sign of big rising.
It is about time people started getting the picture that nothing is actually going to the moon and at least not just yet. We already had a bull rally last year and this is the outcome of FOMO rally where everyone was just busy getting greedy and buying the peaks until the dump. For now, the bears are still as active as ever and could strike at any time since we have seen how quick the market is so fast at responding to downtrends, and that is what the bear phase looks like which we are presently in it. |
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A Big long pump is incoming to end this BS for once and for all: Opinion and thank you if you are a bull. I want the bears head on a stick. Long live the Spartans!
If you are a Bear you have had fair warning: you are playing with something you do not understand!
You are very funny. You think the market will just all of a sudden get to increase all of a sudden and get pumped to new ATHs just in matter of days from the current bear trend ? Think again because you are still dreaming. There is nothing wrong with a bear trend and the earlier some of you started getting used to it the better. Anyone that does not have a trading knowledge should not be bothered shorting the market anyway, and anyone with trading knowledge will actually see all that you have said as crap since they would not be stupid enough not to know when they should hit back on the market when the signal is clear. |
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For some reason, I have my faith on Bittrex.
But everyone is talking about coins and ICOs but I tend to believe most of the exchanges will be closed soon.
An exchange is a hell of a thing. I think that in the end all of them will be obsolete and unneeded. Why pay fees to exchanges when you can trade directly etc. It'll be done in the future somehow. I would not say they will be obsolete though, but over time, decentralized exchanges will pop up and start taking the space bit by bit until they get better. Nevertheless, when it comes to volume though, we really do not have any choice for now, and all we can do is to simply make use of the ones available with at least a bit of trust. I would say for now, bittrex and binance are still a lot more better when it comes to security, volume and some other features, but for binance, top notch on fees and volume. |
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The whole crypto market is mainly dominated by Bitcoin. As of now BTC dominance in the market has rose to 42.7%. So, it greatly affects the price of all the altcoins when BTC moves, be it up or down. When Bitcoin goes down the whole market crashes along with it and when it goes up all I can see is green everywhere in the market.
Totally dominated and we can say that is because with bitcoin being the first, it has more community of supporters than any other coin who are more like die-hard fans. Most times, altcoins only do better with bitcoin in some sort of consolidation, but every other huge movement in bitcoin affects altcoin pretty badly and that for now is something we just have to keep dealing with until further notice probably when altcoins will be able to stand on their own, but for now, Bitcoin depicts the market movement. |
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This question has been on my mind, I have been pandering on the reason why we should take risk despite the fact that people who take the same risk later loose everything, some time people consider taking risk as the only way to make it in life, despite this believe people who take risk in the past are still regleting it, dose it mean that you can not succeed without taking risk or that risk is what we must take in life, is there any way one can live on earth without taking risk
Risks are an important part of investments. If you want to earn profit you have to take risk. The general rule is the higher the risk the higher the profit. So if you want to earn high profits you have to take high risk. But this risk should be managed well by the investors. You should diversify your investments and never invest more than what you cannot afford to lose. There is no way anyone can invest without being faced with risk, but that is where knowledge gets to play a good part. As long as you are able to know how to minimize those risks, you will definitely be making a lot of good decision in any market you are in as well as any investment you are in. The thing with risk is they come with very good results if managed well and if not managed well, can result to a lot of huge damage. As long as you can do the former, then there is no way taking risk should be a problem. |
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Its a matter of choice though, the market seems unpredictable right now, any decision you make is however respected. all investment has risk which may not be determined at any point in time.
This is very irrelevant because the long term investment is not for panic selling and not to consider as short term because there are currencies which are favorable for long term and Bitcoin is the part of long term investment. If you are investing in Bitcoin in a low market then you must be waiting for long term and could get the profit but you did a mistake and sold out. Not all users want to hold bitcoin for the long term dude. bitcoin has millions of users with different goals. maybe some users use it for short-term investments. and when the price of the pump may be they will sell all their bitcoin. the reason will vary each user Right. And it's their money so it's their call. People have the right to decide what to do with their investmentd and if dude here sees it fit to sell at this point, they you can't ask questions. It's his money Yeah, everyone sure do have a reason they make their decisions and this is one that everyone will have to make and be ready to admit the responsibilities as well as whatever comes with it. Although, I understand how people feel regarding this knowing that this is not a time to be selling but a time to rather be buying. So, if in anyway, anyone feels he is selling for reasons best known to them asides panic, then, that is their call but if it is as a result of panic, then they are making a huge mistake. |
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On the contrary, I'm not pessimistic but just realistic person. Here we discuss the possibility that 1 BTC can reach value of 10 million $ in next ten years, so 1600+ times from current value to reach to this objective. I do not say it is impossible, but 10 years it too short period of time.
I disagree, I find 10 years an eternity in Bitcoin terms, SO many things can happen in 10 years, anything is possible. 10 years in Bitcoin is like 100 years in the legacy economy. I believe we will go through a period of disbelief in Bitcoin again (as we are seeing now), this may continue for X year, THEN once people realize Bitcoin is immortal the FOMO will kick in in levels never fathomed before, for anyone not wanting to hold their wealth in an immortal store of value will be deemed a fool. Well, you have said it, so many things CAN happen! I am not disputing the fact that we may get to see this happening, but it would or must have taken a lot from the general fiat market to see this happen. Moreover, it is bitcoin, anything is possible, but as far as we cannot see the future, we may as well just best wait to see what is going to have to happen by then. 10 years is still a lot far from now and a lot could have changed by then, but realistically, $10m sounds a whole lot. |
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I see that the price of $BTC went from $6300 to $6600 very fast. I'm wondering why that happened and if that's a bullish sign.
Since we did not go under $5800, it feels like the bearish market is starting to run out. If we continue to hold at these levels, is the bullish market coming sooner and faster than expected?
Also, I wanted to ask how Bitcoin Future Contracts work and if there is a possible relationship with the price jump. From what I understand, people agree on Bitcoin future contracts by agreeing on a price and time to sell BTC for? Is that correct? Or could someone give a short explanation on how they work and how they can affect the price?
Do not be so much deceived by any serious jump right now, and what kills a lot of new trader is over activity. At this stage of the market, it is better to always allow the market to develop than assuming anything. We are in a bear trend and being careful in a bear trend should always be the thing for most traders and investors, which is better to see a clear signal before entering a market at all. There is absolutely no clear signal right now as the case may be, even not with the quick jump. |
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Blockchain technology is not widely adopted in Africa so its application in medicine will take some time
I would not say it is not widely adopted in Africa yet, since I have seen some of the developing countries in Africa looking at how the application of blockchain technology can benefit the country in a huge deal. Nevertheless, just like anywhere else in the world, we all know this is new and it would take some time to start adopting, building on the open source protocol to see how things can be like but at the same time, with something like this implemented everywhere and most especially in developed and underdeveloped countries, it will strongly help. |
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When will we hit a critical point at which there's just too many lost bitcoins due to someone loosing their wallets, dying or corrupted hard drives and etc? At some point this is bound to happen right?
I know that for the time being, low circulating supply means that the coin will increase in value but how low can it get before it starts to give diminishing returns and actually inflict damage to the system? What would happen to crypto in general if all of the coins and altcoins will suffer the same ending?
Losses for an investor would be difficult to avoid so that makes the economic system becomes weak and in search of an income every time have problems.From there it can be seen that the world of cryptocurrency is actually very positive impact on one's life. Yes, losses are inevitable and this is something we will keep getting to see in this space over and over again since we will get to see careless ones, those who nature could cause their loss and so on. With respect to what the OP have said though, there is still a lot to fly around and one thing with those lost coins anyway is that they are still part of the circulation supply and for one fact, even without them being lost, if bitcoin gets mainstream adoption, it would still increase in value anyway based on huge demand, but I understand that if there are part of it not flying around, we sure will have more demand than supply. |
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a cascade of mega pump and dumps wherever you look.
syscoin going far through the roof? other coins going crazy. is something there seriously broken? an API hack?
t has been confirmed to be an API hack and nothing is certain yet with the possibilities of the hackers carting away with anything. It was even SYS developers that quickly brought that into the notice of binance. However, this whole thing with binance API hack is becoming worrisome as this is not the first time we are getting to see this happen and the last time it was about the same thing. Hopefully, they will find a way to beef up their API security in a way. |
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I hold some litecoin and thinking to move into something other. I am thinking for Neo, what do you think will be a eisr choice?
Stick with litecoin or something else?
Now, you are just making yourself a fool in trading and investing. You shouldn't be loyal to one coin, it will end you up with a heartache. Just used them and get all the things you need from that particular coin and get out. Yes, I really wonder why he would have been stuck in litecoin alone all these while anyway and since we do not know how much he is holding, then we can at least assume he is holding something substantial. Although, it is a market and if any of us should say moving to another coin will guarantee a huge profit in the long run, then we would all end up lying since no one knows the future but the fact is that there are potential coins and tokens with very unique products that should be worth investing into, which I believe will bring about some huge profit in the short term anyway. |
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When you're playing with someone's money you need to feel shy about it. Gambling is a way to show yourself a risk taker, here you afford what you can loss. It can be of fun or for profiting, unless you make money without disturbance to the one next to you nothing to shy.
I think the shyness in gambling emanated from the stigma that is attached to gambling and so unimformed majority of people have already condemned gambling in their hearts so should they find a gambler they perceive him as wayward person without plans for a better life and so socially it will be a problem for many of us and that's why many often feel shy to be seen gambling especially in public places. Anyone that is trying to stay away from the stigma should know better before even attempting to gamble in the first place. However, it is not like the person is going to be announcing to the whole world that he or she is a gambler, and the main thing here is that they are simply going to be in house for casinos, and if it has to do with online, they are just in front of their PC doing their thing, and for one fact, everyone in a casino did not actually come to do anything else than gamble, so except the person is just a naturally shy person, I do not see why it should be because of gambling. |
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