Many factors have contributed immensely to the down fall of Bitcoin. The recent fall on Bitcoin below it support zone today was not as a result of BCH War: Hardfork nor Bakkt exchange but the negative news from Bitcoin haters around the world. Though this condition on coinmarketcap will not last long and expecting the community to buy as much they could for another run.
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Today is very shocking and might panic many people. BTC falls at the price of $ 5770, what do you worry about this situation??
Though this situation is very pathetic regarding the current fall of Bitcoin and cryptocurrencies in general. At when i check the price of Bitcoin was $5,734.63 hope the market recover soon for a bull run. How are the mighty falling and the weapons of our war perishing, oh Bitcoin, hope to see you at the top as it was in 2017.
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Bitcoin future will be determine after the SEC pronouncement on it acceptance. However, still strongly believe that the future of Bitcoin will be great than it present. For Bitcoin to be the first mainstream manifestation of the Blockchain it must have a future that's dependable in which investors or adopters or acceptance will greatly benefit from.
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Definitely, i will cash out some of my Bitcoin wallet for Black Friday because of the free giveaway and discounted price be given during Black Friday. Man must meet the needs of the family, however things are likely to be on a higher price during Xmas and New year, so, in line with this, cash out Bitcoin will be inevitable.
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People are increasingly getting scared to invest in Bitcoin and other virtual currencies out of fear of getting scammed. Should they be?
Fear of what? that the cryptocurrency will one day go into extinction? i don't believe such fanacy mate. The major problem that i currently observe in cryptocurrencies is the legitimacy of those projects intended to be good investment for the investors but turn out to be scam to the investors. The investors fear is valid because of the ongoing scam project almost every were.
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Currently many campaigns are been run by these newbies successfully without any hindrance yet account with upper rate has done so many havoc in series of campaigns on this forum. I would rather trust a newbie for investment than the old account for the same because the chances for the newbie to be honest is very high compare to the older account holder.
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When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?
We shouldn't have to worry about the happenings were cooperate organizations are now taken over the freedom that was meat for the people. To be frank with you mate, the freedom is still meant for us the people and not the cooperate societies. In my own view, am holding many couple of cryptocurrencies in my possession, so, am still in control and still got the freedom i needed. The power is for us both as individual and cooperate.
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Bitcoin dominance cannot be substitute into Altcoins in the future rather Bitcoin will grow more stronger than what is be seen. Your image actually show that Bitcoin is at the top while more of Altcoins are be created every now and then to have more of the market, due to this happenings by Altcoins will not still make it dominance to supersede that of Bitcoin.
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Please, lets take this easy with ourselves. For one to say Bitcoin price is stable doesn't mean that in the real sense it is but comparing the last days in the year of 2017 to that of 2018, one would say the price is pretty stable because of it fluctuation. In my own analysis, i would say that the price is more likely to be called a "stable price" pretty one like that mate.
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YES, cryptocurrency will definitely go to replace fiat and be accepted as a global currency. Haven a system whereby goods and service are done without any stress in any form will be back by the government also be embrace.
REASONS: (1) Governments (ie) highly political cannibals of individuals will like to go anonymous which is the sole aim of cryptocurrency on a decentralize system. (2) The ease at which transactions are been carried out are superb. (3) It security cannot be over emphasize compare to the traditional ways among others.
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Nothing is more rewarding than the power of hold in crypto space. When the market gose bearish one thing is sure that the market will bounce back again before you can sell off. In 2017 i hold some coins that make me rich all for hold them even wen the market goes bearish. Holding is the answer in the world of cryptocurrency.
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Agreed on your said topic that a little patience is the key to the door entrance to crypto-world. Being patient has done me much than being in panic, at one time i sold off my wallet just because the market went bearish and i make much looses at the long run. Holding for a little time is more rewarding than taken a any chances.
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Yes as to me, NEO was one of the best coin in the market when it surface on the market and still it has demonstrated it supremacy over many altcoins and also displace some good coins on the marketcap. Am a fans of NEO and am proud of it.
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Going by the current situation in the market, one will easily notice that it is the best time to buy coins from this deep before the rise. Buying at this particular point in time will be the best option for any body including you. Frankly speaking am holding a very large amount of some major coins that i bought when the market went deep before now. So, i encourage you to do same Buddy.
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As for me i would say Buy and hold NEO. NEO is a very promising coin in the market which has the power to compete with other good coins in the market without any fears or favor. The project that brought NEO into existence was a very nice one and will grow along time. NEO is currently strongly going to come up on the coinmarketcap in short time from now.
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I think that the RED will turn GREEN very soon just keep on you will smile again. The market was bad recently but the news says that the bull market is almost around the corner which we will soon be experiencing and i believe in that. A little patient will make you gain huge profit, no panic keep up your head to the game.
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Frankly speaking; it all depends on the campaign rules and regulations that can determine were you can make your post or make your comments. Some signature campaign managers like posting on Bitcoin discussion and Altcoins discussion while others can splint the post for different parts of the forum. My current signature campaign manager specify post/comments on Altcoin Discussion only.
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Have you come to think of your time and resources invested in Crypto-community? Has your effort yielded the desired result since you join the cryptocurrency world? Sometime i get frustrated either to quite the crypto business or to give it a second thought due to what is going on in the entire crypto-community, were there are no more trust. I have carry out a proper research on myself and i found out that am losing to cryptocurrency.
What about you, gaining or losing?
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Frankly speaking, there are several reasons why i must continue to invest in the wold of Altcoin: haven the mindset that i will make a good earnings form investing with any possible altcoin that will shoot to the moon in the nearest future. Also, that continuing doing more research on some promising project before investing will yield more huge profit as never before when invested in.
I could imagine what your reasons are; kindly share it might help someone to continue investing.
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