Same thought here. The tension between US and Iran were just used to manipulate the market. There is no direct correlation between the current Bitcoin price movement and this so called tension. Because if it is so, why does the price of Bitcoin increase today when the situation in the middle east does not change nor the tension escalate? I believe this kind of thing is just the result of the wild imagination of writers paid by some whales to incite something in the market.
Very correct! It is the media and their experts who need to tell the audience the cause and the effect of an action, even when there is no logical correlation between them. Bitcoin would have to react much more to Trump tweets, when most of the time the market just doesn't give a fuck, until some big whale makes a splash in a direction. |
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Let's make sure we don't fall in trap again so we need to have a fixed target in mind for buying as well as cashing out, don't just get carried away by FOMO as 2017 and 2018 should be a learning curve for us. I don't think bitcoin will hit a new bottom value but again it might go back to $6k. Better to say active and not to invest right now as it might prove fatal but we could invest if we see a further dump before halving.
I agree with you we should not be tempted by the current increase in bitcoin. because there is a possibility that bitcoin will be a big dump before it is reduced by half. but in my opinion it won't fall until the price of $ 3,400 is too low. in my opinion the lowest point of bitcoin when it falls is $ 5k. so we must still have a target to sell and buy. and don't expect too much for bitcoin increase. Yeah, I also do think that Bitcoin won't fall into that amount and it is really low. I expect that there will only have a slight dip probably around $6-5 but I don't think it will drop at the bottom. Actually, we could purchase now and wait til halving because everyone is speculating that Bitcoin will skyrocket after it reduced by half. Is really everyone speculating that it will go up right away ? I would expect to see the (short-term) top before the halving and then a return to the mean. I expect the chances for the bottom to be in are much higher than to see a new bottom. Maybe the course of our fate will be decided if we break out of the downward channel for good or we get another rejection, which will lead us to $5k, which is also the bottom of the channel in a time correlated manner. |
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It's exciting to see BTC rising again  I'm happy because we finally pass trhough 8k again and the most important here is not dump and sustain this level of 8k, I'm tired of that 7k USD level  Let's see the next movement It is a good feeling when a trade or an investment goes in the right direction. I particularly like the rather slow movement up and taking its time for a retrace without overheating. Would be nice to establish a true floor over $9k, or even $10k, before the halving. |
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OOF, quite a nice little jump there for BTC... can it break out of that channel.... its having a good go!  And the whole crypto world is watching |
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Then I don't want to be rich, let's be real sometimes money can't buy you happiness, a happy and harmonious family is one thing that I want to achieve. Perhaps we can't become rich but having someone who loves you sincerely and accompanies you until death is something precious. Moreover, all activities that we're doing right now mostly can be taxed, buying food at groceries is also can be taxed.
I am with you here. There is a difference between rich and wealthy, but I prefer to have a harmonious,worry-free and abundant life. What is rich living if you are pressured to maintain your lifestyle, can not sleep well someone might steal you, or afraid of your security. But you need to have a pretty large sum of money to achieve a specific peace of mind and financial independency to truly enjoy this harmonic life. If you have to think about money all the time you will end up in a toxic mind set, which therefore will also affect your relationship and your closest people. Although it might be hard to find true love of a normal woman when you're already rich and the hot instagram gold diggers are trying to get you  |
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Well i think we all know that if we are going to put a big risk there are also a great return on it. But it depends on our luck, because not all of the risky way of earnings are successful some of it also fail so it always depend on the luck and it also depend on the experience on the particular feild.
The combination of high risk/high reward and the high amount of very smart people in this technology makes me very confident to be on the right side of the market. I made already some money by Bitcoin, yet nothing life changing. However the next bull run will maybe give the true payout for all the patience and the hands holding this asset. I don't think luck has anything to do with it. I, for me speaking, just don't see any other investment as interesting and important as crypto currencies. And Bitcoin is the currency with the largest network effect and, more importantly, it is sound money. A very rare gift in a world full of fiat. |
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For last 6- 7 months btc price was around of 7.5k$ , now this support level is no longer, that mean btc is ready to dump hard.
It would be nice if BTC will not drop anymore that low, otherwise we will start over again and the amount of FUD would be enormous again. IMO, the market has already dip and people have already matured that they won't easily panic anymore, what I am hoping to see this year is an improvement towards the halving and hopefully this will have a positive effect in post halving too. The market went already many times below $7k, so lots of opportunities for the weak hands to fold. Maybe there are no weak hands left anymore ? Real panic would probably start below $6k, but that is a long way to go a few months before the halving. |
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As if bitcoin is still in a bearish forest up and down there is still no certainty to the safe zone of $8500 but in terms of technical analysis bitcoin movement will be so great in the future because it will draw conclusions backwards.
I think it is even too early to begin to look into the bear run being over. We just got into a new year and in most years in the past, bitcoin hasn't done very well in January. For instance, 2018, 2019 is an instance that we see looking fresh for reference. What will you say when we break out of the downward channel with force and end up being above $9k or even $10k ? Is it still to early to call the defeat of the bears ? |
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Is there any reason as to why the price rose to over $8,000? If so, then analyze that reason, it's current state, and then react to that.
It's halving season. Lean back and enjoy your gains. Simultaneously the CME futures started for January after 6 months of downward pressure. They want to make some money now with the halving headlines. Expect a lot of news and publicity when Bitcoin reaches $10k and the halving coming up. |
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I had a good start in 2018. The bitcoin price had remained constant for some time. I chose the right altcoin and made a good profit. It makes sense to make an investment as a bitcoin. However, for big gains, subcoin investment can also be made. I think 80 Bitcoin and 100 Ethereum are a good plan.
No sane normal person is able to get over 20 Bitcoin anymore. To reach 80 Bitcoin in a healthy wide-spreaded portfolio is impossible if you give crypto a maximum of 5%. However it is always a good idea to invest a small part of your wealth into a rising asset class like Bitcoin. But I'm probably not the best one to talk about such a topic when I'm already fully invested in crypto ^^ Hodl and life. |
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The Bitcoin transactions did not double. Stop posting blatant lies. The transactions are capped by the block size, the only variable which might change is the fluctuating transaction fee cost. Here is a all time chart of the transactions:  |
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I think the major mistake new trader do is they look for shortcut to increase their fund which leads them to be victim of scammers. As for experience crypto holder i think they loose in trading area as they sometime loose patience.
Patience is a virtue. Try to think of a direction the market is going and trade accordingly even if the market turns bloody on you. The shortcuts for many were the countless shit ICOs and new coins without any legitimacy. Just holding and trading(with a small portion of your net wealth) Bitcoin is enough to retire in the next 2 years. So hodl strong guys. |
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Speculative markets are moving in the event of war. In this case, passing the word war will stimulate the market. Bitcoin and Gold prices are rising. But Trump's statements have a direct impact on the market. Bitcoin is a value store that is very easy to carry.
As part of the confrontation between Iran and the United States, it is necessary to focus on rising oil and gold prices. Bitkio is too speculative asset, even in the case of strong growth during the growing tension between the countries, we will not be able to say exactly what this growth is connected with, whether it is speculation by large players or not. However, locally, in the same Iran, the price of bitcoin can easily increase compared to global indicators. Maybe not just the rise of oil and gold, which are probably just side effects of a stock market in shock. Maybe one of the reasons was to delay a further stock rise by making the world a little bit more risky. And give the market all the best things right before the election, so everyone continues to be very happy with the orange man  |
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China has always been a country with their own commodities. I would rather say China is the most developed country which tries to replicate any other commodity which the world announces. They have their own youtube, google, etc so why can't we expect them having their own bitcoin(bitcoin in-the-sense their own coin).
China has the most largest population in the world and any service or commodity they launches has their own users from their country. China is actually not in need of any other users from other respective nations and hence they keep on building their own products and use that individually. China might also improve their banking skills by launching cryptocurrencies in their banking systems. This might bring an revolution in the banking sector.
China is a big pile of a closed community. It is fascinating how well they manage to close the gates of the internet when it comes to their borders. I'm going next month to travel and am already very curious how my regular western apps will function there. They might start with their own "fiat" digital currency with some form of blockchain. But I almost don't believe it will be decentralized. No sane central bank would give away the power of control and money creation. |
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Despite this slow market improvement, I'd never get hopeless that it will be fine this year.
Actually, I've preferred to have a situation like this. If we could recall and for many times that the market price goes high faster and the quicker it goes down in returns just like it happens during the bullish season. We experience a few months in Bullrun but we also struggle years of bearish. And it doesn't look so good for me. Will, it hopes that it could be different this time.
The current retreace is indeed very healthy. Otherwise it would be to fast to early. We need to break out of the downward channel with some force or with some time. Hopefully it works out in the next 2-3 weeks. |
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Why are many online price forecasts saying BTC will dip to $5k before the halving?
Do you predict the same too?
I'm not a pro trader, just asking out of curiosity
I also think like that, usually before the price pumped is very high, it will definitely be dumped, because many whales want to get a cheap price before the price actually goes up by halving. although there is a possibility, but in my opinion for now it will not fall again to 5k, several times down and support is strong enough not to fall below 6k. I don't believe someone will see a $5k Bitcoin anymore this year. It's halving time, and this means up-up-up. Expect a nice pump to $16k and then some bottom finding over $10k. Afterwards a wonderful bull run comparable to 2017. |
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Bull trap or not, we must still have to control ourselves despite of having no assurance to gain a good profit this month. For most people who still holds digital asset, the chance is always there for us. Just believe in yourself that there's nothing imposible as long as you staying positive with your ideas that the market will soon overcome different hindrances and then acquire the best price in history.
The chance is always there in a year with a Bitcoin halving. The chances to the upside are much better right now, just don't forget to have some strong hands in the wild swings up which are just ahead of us. |
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Yeah. As i said in the subject, is it really worth it?
I mean is it really worth learning how to read its chart?
It is worth if you are a trader. For the rest is not worth. We just stare at them and that is it. If you plan to trade you simply learn how to read charts. There are gazillion courses on internet about trading. weed out some good ones. Ofcourse it will take some time to learn. Crypto is much easier then trading other things so you will have more success are people that trade other things. Crypto is easier to trade because many Noobs just started investing. So it's easy to manipulate them to buy/sell in a bad spot. However this changed in the last year and the price is much more unpredictable with hard chop trading to push the longs and shorts out of position (=the bart head charting). But why trade when the upside of just holding is so bright and there is still so much place to naturally growth ? |
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Blockchain is already replacing banks in many countries.
can you site some example like what country is fulling adopting blockchain and replace the traditional banking? if you can't provide one, I would think that your statement has no basis at all.. personally, I don't think blockchain at this stage will replace bank, it's controlled by the government and we know their powers. It's a blatant lie. No one in the financial industry(=banks) is adopting anything related to a blockchain on a larger scale. And rightfully what for ? They have databases which are much more efficient and faster, their network is anyway centralized, thus there is no need for a blockchain. Nevertheless there are a few small scale technological studies when it comes to blockchain, however with almost no real chance of real world application. (source: friends who work in the fintech area) |
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I agree with you! Bitcoin has no market price stability like currency. The price of bitcoin varies from time to time: sometimes up and sometimes down. So many people who are not bold in investing in Bitcoin don't even dare to invest in Bitcoin. In fact, many countries do not accept BTC.
So what? Price volatility is a good thing for investors. Every currency has price instability unless it is pegged to another fiat currency and backed with debt from a central bank. How successful this method of stability is can be seen in the Swiss Franc/Euro coupling or the egypt riad / dollar or .. or.. or. But Bitcoin WILL growth to the most stable world currency that we ever know. |
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