Following the sharp sell-off on Tuesday where the bitcoin price drops with a 10% negative movement which sees the price of Bitcoin from above 52,000 to 46,000, which is a 10% sharp dropped, the entire crypto market has suffered from the crash in price. But as of Thursday afternoon, the bitcoin market has shown some sign of recovery where the price is heading to 47k the highest since the crash.
We saw that attempt, but at current scenario Bitcoin goes down again and took until $41700 lately, which is very difficult to tell whether recovery comes or not. All we have to do right now is to wait and monitor the ongoing fluctuations of the btc market. Also for eth, it went down after both pairings dumped so fast in less than 24 hours. However, this made me realize that those investors waited for cheaper value would probably take this as an opportunity to purchase additional holdings. |
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Another wave of Bitcoin FUD is coming from China as the Chinese central bank claimed that local state agencies have improved tools to fight against crypto transactions more effectively. The Chinese government is getting more serious about cracking down on the cryptocurrency industry as state authorities are bringing forces to combat crypto operations in the country.
The People’s Bank of China (PBoC) officially announced on Friday a set of new measures to fight against crypto adoption in China, including promoting stronger inter-departmental coordination in cracking down crypto activity. https://cointelegraph.com/news/chinese-regulators-unite-forces-to-crack-down-on-cryptoCan this negatively affect the price of Bitcoin or has the market already reacted to it because it is old news? Old news like this shouldn't be put into a very serious things, some frustrated investors just did it for deceptions. They're trying to fool other new comers and sprouted FUD in order to threaten them not to buy bitcoin. Unfortunately it ended up a mess, since everyone was doing a fact checks and found out old news kept on spreading without any legit information as support. I would rather recommend, ignoring this type of non sense just to avoid possible panic or demotivations. |
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In search of reviews about two popular exchanges(Binance and Coinbase), I came to this site. The site does not look like any kind of scam, but I have never seen similar websites. What do you think this site is and why was it created? https://binance-vs-coinbase.com/It was created for people who has determination for trading, and if there's no foundation for a good business assurance capitalist like them won't risk their business if they won't earn better profit. Binance for me was really a good trading site, because I'm verified without any hassle. Coinbase also had no problems, but I never applied for verification because I don't familiarize them actually. |
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The joy in trading is when the money which is been used to trade is owned by the trader. Normally trading is something that is unpredictable, one can't really know or see the outcome if it will be a big loss, small loss or big win, small win. When money that is been used for trading is owned by the trader if there should be loss he may not too feel about the loss, unlike when the money which was been used for trading is borrowed, in a case whereby the person do not have good source of income.
I know someone who started how to trade about four months ago. He is a beginner in trading, I don't really know how good he is, but to him he may feel he can always make earnings. I think he was so confident in himself, he had to borrow money for trading which he could not make good profit. As a beginner borrowing money to trade is not the best. It is not even advisable to use all the money one has to trade or invest talk much of to borrow to trade.
Indeed, most of us thought that it wasn't best for us to take a loan but that's what's going on with other traders and investors. They'll always making trading almost like that, taking loans without thinking negative behind. Some newbies don't matter as long as they would get profit out of risk. On my personal perspectives, we may get profit but we don't have an assurance for when it would come to us. Banking loans couldn't wait that because we're going to have a monthly amortization which needed to be complied. |
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Even though there's a strong resistance on recent market situation, that doesn't bother me so much this time because I believed that price won't go dip so bad same with what happen from history. We may experience some fluctuations but, recovery takes place once investors buy back during market saturation. Patience is our key right now before we're going to see another milestone of success come out way, and our strong holds will begun to soar.
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Money or wealth is the dream destination of many people in the world
Religion is the total believe of a group people on a particular being.
Most or everyone in the world today in which I am included believe in accumulating of wealth and making money.
More than Half of the life span of the human race is centred on making of money or wealth.
Making money legally or illegally, accumulating of wealth is the believe of most people in the world.
I stand to be corrected or cencitize
People these days made money as their God, they're more focused on making money instead of spreading good news from scriptures. Cryptocurrency is our good alternative for taking our finances in virtual world, but faith is very important rather than relying on money all alone. Religion was just a form of guidance but won't save us from our problems, but that shouldn't stop us from growing financially. |
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I would love to cash a good profit when I have the chance to sell my holdings, but taking a quick profit is very difficult to achieve when you don't have a good coins. We must make sure to buy the promising asset that could provide to that assurance, but trading your $200 needs enough time to grow sustainably. Long term holding is very important in order to achieve all those goals instead of playing with day trading which is so risky.
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Both ethereum and bitcoin had been through a lot of challenges which really caused a lot of worries. Basically this what we've experienced seeing major dumps, price goes down unexpectedly but not really affected huge group of holders.
We will see how the price going to be after end of September, hopefully recovery takes place this October without hindrances.
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Some country are now accepting bitcoin as currency and the billionaires is now hoarding thousands of Bitcoin. Should I wait for the success of El Salvador's implemetation of bitcoin before investing? I think if they become a more successful country by accepting bitcoin, others will implement too. There will be more investors and the bitcoin will be pump again? I just hope I'm not wrong this time.  Don't be bother when it's wrong or right man, Bitcoin will soon reach all time whether we like it or not. What's important is to keep our holdings increase in quantity for us to gain huge profit by the time it pumps. As many countries adopt cryptocurrency, holders will grow literally and demand will increase that causes price to climb so fast. |
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~snip~
~snip~ So eventually, Casimero will have no options, unless he wanted to be strip of his belt by WBO. And this is a good fight for Casimero specially if he knocks out Butler or win in a good fashion. Perhaps this is really a good opportunity for him to have a potential good match, but he shouldn't put his confidence beyond limits. We aren't sure if Butler would be beatin by him, since this was also a strong fighter though he got a strong foundation being a boxer but preparation is the most keys in order to win over his opponent. Every barriers should he observed before anything else will negatively exist. |
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The dip a couple of days ago was beautiful but unfortunately I didn't take advantage as much as I should have. Is right now I bad time to go in? Should I wait for another dip? Thinking of getting several coins. Goal is very short time investment.
Don't wait for it to go down again, because this time a lot of people seemed to become more desirable to win that opportunity of buying the current dip. We don't know what will happens next, so better accumulate and start having your holdings intact as preparation for future rallies which potentially commence unexpectedly. |
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Hi guys I’m new to the forum and I’m new to the crypto world.
I would like to know if there is some method on how to understand when the market is going to dip or when the market is going to pump.
Thank you in advance to all of you
Only speculations can be reliable for this time, because we aren't sure how long the bear market would probably push us towards resistance. Most of the time when price took time to move upward, there it goes downturn would drastically put us all down, yet it caused more possible panic selling for weak handed traders. Our emotions was really a huge factor once price saturates so bad. |
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Prior to 2017, there was no futures market for Bitcoin and all trades were 100% spot.
Now, futures volume for Bitcoin is up to 10x the spot volume.
The silver market is also notorious for having a large futures/paper market compared to physical and is likely one of the reasons why silver prices are able to be suppressed.
Is Bitcoin going to suffer the same fate as silver, with prices being suppressed in the coming years? Will Bitcoin-futures-backed-ETFs be the nail in the coffin?
Thoughts? Keen to hear any arguments against this view.
Basically FUD and negative news started to take a strong factors that made this current situation really hard to overcome. Every individuals had doubts that price will survive and recover successfully, but for my personal point of views I wanted to remain strong despite of those hearsays. Hopefully, it's not that worst in the next few days and we will see bitcoin soars higher all over again. |
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Let's see in the upcoming months whether this will cause a positive effect or not, the legitimacy of this news will soon be proved if there's a good outcome which will be seen on Bitcoin price along with other promising coins. For now, main stream media will ride on this trend and potentially gather strong focus particular with biggest investors who's actively waiting for the right time to invest their money on bitcoin. |
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Let these fighters fight at their own will, it seems that they're not having their own willingness to do so. If they're confident to take the match then so be it, no aggressive offer should be given to any one of them. Once a boxer find a good mood and his capacity for fighting his potential opponent would technically be drawn over by his power, I guess with no hesitation their fight would commence successfully.
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What will be the price of bitcoin in the coming years as the price of Bitcoin goes down? The current price of the British ranges from 41 thousand to 50 thousand. Bitcoin was the highest price of 48-50 thousand. The bitcoin that everyone planned that from the end of 2021 to 2022, the price of bitcoin will exceed 60 thousand plus? So what will be the price of Bitcoin in the coming years?
Hopefully bitcoin price could reach up to $80k-$100 range this year and until 2022 if there's nothing will hinder it's growth. Though we encountered minimal downturns, that doesn't stop us trusting the capabilities it has. We need the strongest investors to make all this potentials become possible for our future gains. Upcoming years we don't know yet, but long term holding has all the power to make it a reality. |
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Nonito is keeping his belt and I think he would fight to defend his title, but we can't have the assurance if we would win this fight. His age is getting older, and every opponents who wanted to challenge him did a strong preparations to beat him.
On Donaire's side, I think he also got the best trading for him to defend himself as well as his title belt.
Wishing more luck for him, and still my support for him as his countrymen remain strong.
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I see a lot of newbie traders complain about lack of trading capital. And I want you to know that you are focused on the wrong thing. Your attention should be on focused on the trading skills first before worrying about the capital. Trading capital is not the most important thing in trading. The most important thing is mastering the skills. No matter how big your trading capital is, if you lack the trading skill you won't book any profit and will most likely blow your account. On the other hand, if you have the skill set, you will be able to handle and grow any trading capital into something substantial.
Most new traders always look after for fast gains, they don't care for the worst situation that might happen. Basically they don't acquire skills in technical aspects but often time losses will made them learn but not putting their funds at safe state. Most mistakes gives them a good lesson prior obtaining a proper ways of dealing on trading as well as focus will matters most. Guidance from expert mentor must also be observed, because we can't learn all alone and in order to grow peers also will help us become knowledgeable with this field. |
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There's no difference between men and women if it's about gambling, we can be both gambling addicts if we're not going to have our minds set and no control at all.
The mere fact that there's a certain percentage of gambling addicts worldwide, I don't think that women are of an exception with that because we're all prone to it.
It was sad to hear those women would tend to be addicted same of men did, because they're suppose to be taking care of children at home if married. This is a worst scenario if one day their addiction continue to happen, that might affect financially. The money that's for family need might be used for gambling bets unintentionally, which I think a big problem to struggle with. |
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~snip~
Madali lang iyang requirements nila. Kayang-kaya mo yan iprovide. Wala ng tanungan yan pag malinaw ang documents. Ganito lang kabayan: - If lagi mo ginagamit ang coins.ph, then comply - If may alternatives ka naman, then ignore mo na lang at wag na gamitin ang coins.ph Hard regulation ang nangyari and coins.ph is just following so wala tayo magagawa. Di lang dito sa Pilipinas, pati sa South Korea naging grabe na rin ang regulations sa mga crypto exchanges. Nagsara na nga raw ang iba. https://bitcointalk.org/index.php?topic=5360873.0;topicseenYan ang masaklap kung magsasara ang crypto exchange natin dito sa bansa mas mahirap kapag ang coins.ph mahihirapan sa hard regulations ng gobyerno. Palagi ko kasing ginagamit ang coinsph wallet ko sa aking transactions galing binance, dahil sa trading activities ko. Hindi naman nila ako pinahirapan sa pag submit ko ng documents, sa katunayan nga screenshot lang na provide ko sa kanila dahil protected ng binance ang personal details ng bawat trader. |
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