The already bad red market will not last very long. So no need to worry. BTC raise the selling price around 14% -18% and that's only natural if there the price was decreased like few days ago. And inexperienced investors will be scared and panicked because of the continuous decrease price then sold what he held so far.
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Bitcoin can be a currency but just as a digital currency that has not been accepted by some countries and only can do transactions with some companies that have accepted bitcoin for payment. You can make bitcoin as your "asset" because it frees us all to use it as anything and there is no rule that forbids it to be "asset" or investment. But now many have accepted bitcoin as payment services and goods.
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What escape path for Bitcoin? The value of Bitcoin is still very high . Some problems of bitcoin are difficult to solve as : - Slow transaction speed
Bitcoin will become the coin of payment as its purpose is created. Or is it just a game of whales? A financial game with winners and losers
Just an unreasonable reason to say the bitcoin’s transaction is slow, try it first to see if it's true that bitcoin’s transaction is slow you can just say it with proof.
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bitcoin prices are hard to predict and whether this year has such a high price as the end of 2017, but I know that when the bitcoin price goes down it will soon recover and have a high price again
It’s true that bitcoin’s price are very difficult to predict but we can see and make sure the price will rise or fall from bitcoin’s demand, supply and market ratios. Bitcoin’s recovery is a bit longer than a very drastic decrease, but during its recovery it can reach a fairly high price even if it takes a little longer.
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You are like a media, looking at the Bitcoin chart without mentioning what events are causing it and instead linking it with 'bubble' so the news will be spreaded regardless of FUD in the market. Sorry, but you're not a believer. And what caused the blockchain technology become famous besides Bitcoin's success? So, is Bitcoin a failure?
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What you do is as same as gambling, without a clear and strong basis nor consider the impact to your family later if a bad thing happens. There is nothing wrong to pump up the spirit and motivating members in this forum, but if you teach careless act then you only think about yourself.
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I see the graph of altcoins is still following the Bitcoin’s price movement, which means the crypto market is more likely to be proportional to what happen to the Bitcoin’s market, as Bitcoin is the main pillar that sustains the crypto market. Because nothing is impossible, so there will be an altcoin that will replace Bitcoin as the main pillar or at least become a companion pillar that will become Bitcoin's main rival in the future.
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We will never know exactly when the bearish trend will stop even if you use an indicator, unless you are a whale and joined the whale club and planning for a big purchase, and before you do don’t forget to contact me lol. All we do in in forex trading is waiting, waiting for the market to move against the direction then we can make a decision.
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I read, 80% of the coins being dumped now are from long term holders, they want OUT!
No, if so, the price of 'substitute' coin will move in an opposite way or no effect at all but in fact a bit more Bitcoin giving a permanent impact and this indicates that Bitcoin still has its own influence and charm. There are more sellers but who will buy or mine Bitcoin at such high prices
Source? Trust me, eh?
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This kind of business can make the demand for tokens increased, but in my opinion this is limited only to some circles, I mean who likes to play a text-based game. By the way did you make this? If yes, it would be better if you make a standalone game, I mean it’s not tied to other platforms like telegram.
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That won't happen since each cryptocurrency have different features, specialization or focus. Bitcoin focus on it's usage as currency/payment method and focus on decentralization/scaling while others have other features such as Smart Contract, private/fungible coins and high TX/s. Also, people prioritize/care more about cryptocurrency features, speed or low cost rather than decentralization where bitcoin already lose on those fields.
But in fact Bitcoin remains as the market leader. You said it that the use is different, and Bitcoin lost in cost and speed which if those weakness is not improved could be the altcoin weapon to replace Bitcoin as a market leader. We have to remember Nokia and some companies that were on the wind and then suddenly fell due to other companies offering products with richer features like Nokia and blackberry years ago, the emergence of the android operating system is hitting the smartphone market very hard to change the market flow and Nokia was still insisting to not to use Android as its operating system.
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today June 22, 2018, the price of bitcoin again collapses dragging all the other cryptocurrencies, again we are in red, until when it will keep falling?
I think we should monitor some bottom parts and start for bitcoin’s recovery at the end of this year I have prepared some of the funds, may be enough to reach some of the bottom parts.
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It’s a good news if we want to do altcoin transaction we already have easy access and not illegal anymore. Bitcoin will gradually be acknowledged by many countries and maybe bitcoin in the future will be the easy online currency to accept for transactions.
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If you came from Asia you can use coins.ph online because many people in Asia trust the security of coins.ph, I think it’s easy to do all the payment on the wallet. You should find out which wallet is safe and much in trust by the people in the part of the country you are currently living in.
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I don’t think it will happen, 80% is a lot even if everyone goes for cryptocurrency paper money will be forgotten. In cryptocurrency no one can guarantee a bright future and get monthly payments on a regular basis. Most people will think about the work they’ve been in for years to keep their monthly economic stable rather than trusting cryptocurrency and leaving their jobs.
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say a huge nominal then hope Bitcoin will reach the number seems so common in here, like guessing dice numbers in gambling and hope your guess is right. everyone mentioned a nominal but cannot provide an argument to corroborate why it happens.
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Bitcoin will definitely reach $ 6000 and if you want to predict it then I think the expert you are referring to will be a bit difficult to understand the market conditions, some people even have prepared since the Bitcoin’s fall a few weeks ago. this success won’t happen only to Bitcoin but also spreading to the entire of crypto industry.
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altcoin does have potential, but not for the long-term. altcoin is just a land for people looking for money, I mean the intentions of its developers aren’t like the initial intention of Bitcoin development by Satoshi Nakamoto and now the development of Bitcoin is ridden by the interests of the company where altcoin is also run by the company but I don’t say all companies only concerned with profit without thinking the users of its services. Back to the topic, their existence is only used for trading or mining profits, not for HODL like many people do on their Bitcoin.
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I often hear some bitcoin holders hope who want bitcoin to have a high selling price in the future, but I don’t know how the future of bitcoin price will be, rise or fall, because no one can control the bitcoin price and it all depends on market ratio , demand and supply
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Is it too late to invest?
nothing is too late if you want to plunge in it but with the current high price you will need a large capital to earn the appropriate profit margin.
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