The market is moving very well. Growth is not fast but in the medium term I think bitcoin will soon reach $ 8k in July.
Could not agree more. The market is growing slowly and gradually and we have had a rise in the monetary value of Bitcoin in the start of July. The value has been static for some time and then another rise and a fall but the value right now is $6697 which is a good value from the market point of view. Overall, we are heading towards market perfection and this will also carry the ETH and other coins along with itself and the general value might rise high. |
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The market has been issuing different kinds of encryption, and it feels like there's no end to it. Although the total amount of BTC is limited, encryption has been issued all the time, which will also have adverse effects on the market.
Fair enough! Buy no mater how many crypto does the market issues, what maters is the project on the back of the crypto issued. Bitcoin being limited is something that is a type of shortcoming because we can have up to 21 million Bitcoin and non after that but I hope another 21 million Bitcoin could be added to the current stock as well. I have heard so that the number might rise. This will rise the demand as well and we might have the Bitcoin growth very rapidly. |
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To learn professional business, you must first manually strengthen yourself. Because you may know that any business or loss could happen.You also have good knowledge about trade. This will make it easier for you to trade. I think these qualities are necessary to be a professional businessman.
Professional traders trade on high level or on large scale as they are more experienced and trained traders and know that what the right decision is. In order to trade efficiently with experience you need to trade in many sources which will enrich you with that knowledge and with that experience you can start and face with many and in any situations so go for it. |
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Is price of the altcoin is based on price of the bitcoin?I have noticed the price of bitcoin falling down for past few days on same the price of altcoins are also falling down
At first, I think that altcoin prices are heavily dependent on bitcoin, but the fact is not, altcoin and bitcoin have similar properties, namely supply and demand. The amount of supply and demand depends on the activities of each community, both bitcoin nor altcoin communities. So basically, the price of cryptocurrency's largely determined by most of its users. This is still an enigma that is to be solved. Some people say bitcoins and altcoin are totally independent from one another and some say the opposite. They establish an inverse relation between these two. Now, this must be solved by the development teams of these both type of coin family. Only then a solid and authentic answer can be obtained. Waiting for them to respond. |
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You would have ask properly on trading, but all the same, if the price of your investment goes down,all you need is to be patient and not panic and sell off.you would made more money if you are yet sell off..
Altcoin is rated coin besides which Litecoin is another rated coin and highly recommended for short term trading and investment because these are less valuable coins which are very easy for trading and for near profit in short interval of time. Another type of investment is long term investment for which the whole world recommends the Bitcoin and Ethereum because of their high values per coin. Actually these coins are moving in their prices so sharply and they don’t stay at one point for a long. So they are considered best for short term trading where you trade with some coin at morning and get profit or loss at evening. But mostly, if this is done with basic knowledge and patience, things are quite good in short term trading as well. But this seems little complex to me. |
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which is a bitcoin price factor down is bad news politics and some other news that can trigger traders and make them panic so sell bitcoins they have at cheap prices.
Bitcoin always have been destroyed to some level with such news. We have been seeing such news and fuds coming in the market for so long time and whenever such happens, prices just drops down. The reason that I understand is, people start losing confidence in bitcoins and they think their income might be destructed so to save it, they just make money out of the game. |
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This is not new that always weak hands are selling it in panic, and it is always reward for the others who have faith in bitcoin because only by this way they can earn more
They are not the weak hands; they are rather the minds with weak knowledge. They cannot decide what to do and at times may follow what other people do. This is why they sell in the red market and start calling the technology bubble, scam and many other names that result in defamation. Now people in the friend circle of that man will not invest in crypto. Having said that, we can say that the market can only be improved if people act rationally and rationality comes with knowledge. |
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Does anyone here use prediction markets? Or have experience building one? Augur has gone down hill, so I set one up myself: NINJALink: https://ninja.org/How did you manage to set one up for yourself, I don’t understand. Do you mean you now predict the price of bitcoin or what? 🤔 and by the way I don’t rely on these prediction markets, they don’t work. The ones I have been seeing are not really accurate, though a really bit, but not fully accurate. Just take for example, they predicted that the price of BTC will go up in August to 15k, but that wasn’t what happened exactly… rather the price got to 9k. |
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Of course they are scared. One of the main pillars of any state is a single currency and full control over the money issue. Crypto destroys both of these postulates. From this all the ridiculous popts of regulation of the market will emerge.
Not only that in the past currencies needed to be backed by a certain weight of gold but that was removed long time ago thanks to both world wars, so now countries can print as much currency as they want, bitcoin not only takes away their control over the currency it takes away their ability to tax your income and even worse their ability to tax your wealth through inflation. I think they are afraid of getting nothing from people tax. Right now, they are doing corruption and no one is there to stop them because they have got resources in government officials so they are eating up people money. But when bitcoin would be the currency and everything would be noted and detailed, how can they corrupt the tax money. This is the problem and they are avoiding the case. |
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In my opinion, bitcoin is like gold in internet world and its used for store of value and used for peer to peer transaction. Ethereum mostly used for bussiness purpose and thats why most token in market using ethereum smart contract
Well you can say both of them are being used under business and individual level. Bitcoin is also an effective element in business and it is being used in foreign counties where bitcoin is legal. Where eth is mainly used as non-business thing as far as I know. May be this is wrong but I have got this over internet. Whatever coin it is, just use them for your own betterment and get things done. |
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I have been trading on BiteBTC for 2 weeks, Deposit and withdrawal works well, but please note, I work with small amounts.
In order to start trading on BiteBTC you need to go through the process of identity verification, how long have you been doing this process? I heard that the KYC procedure can be passed within 1 - 2 months. Is this information true? Or is there any other information about deadlines? This seems so happy that people are asking for the information they know. I really don’t know about this KYC thing but still I hope you get best answer from someone who is here. Any body if know about such thing, please contact back here and tell this person. Don’t just accept everybody statement, listen to them but then double check them against other information as well. |
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Do you think bitcoin is going to reach june rates soon ?
I don't know how much it was back in June but btc is increasing slowly. The price has already started growing. It will. We have to understand this factor that bitcoin doesn’t allow anyone to control it. They don’t let anyone involved in them so much that influence gets seems prominently. But the thing is prices are now growing and they will increase slowly and gradually. So don’t just worry about bitcoin, it will help you to make money if you control your mind. Patience is the key to success here. Time to say good bye to bear market and we also have to start preparing ourselves for next steps. The market is still low and we can invest more which will be in our benefit because the market is showing its potential and motion these days. It will be a wise decision to make a lot of collection in this market in order to make possible and to have more chances of making huge profit in high market. |
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We often see a lot of fluctuations in the price of Bitcoin. Sometimes the price is high and sometimes the price is low but currently we are noticing some regular drops in the price of Bitcoin from quite a long time.Due to these many investors are cashing out and new investors are afraid to work with it.This makes the price to fall more which is affecting the whole crypto market.So in order to maintain the stability of the market and to convince people for keeping trust in Bitcoin, a constant rise in the price along with some drops is very important.
Constant rise will attract people to invest here with more intentions and love for their investments. People are investing here with little hesitations because the market is unstable and they think that they may lose their invested money if market shows sudden fall which is possible anytime. In order to invest in favorable conditions the market should be a stable market with constant rising price. Our perceptions changes with price which is very bad and that is why bear market name came up. All we need is to think for our benefit which is possible in both stages of the market either in low or high market price. A constant or regular increase in the price of Bitcoin will create a positive perception among people which will encourage us the most and will be trending topic for us. |
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I read that they are investigating criminal price manipulations over Bitcoin. Manipulation of prices is really possible ? This happened before ?
Yeah I think this is possible, they manipulate in price to dump or pump, Some BIG Whales can manipulate the price of altcoins. But my question is, is this legal? they have money to buy more altcoins. They are businessman, businessman need profit. No doubt in this. There are many pole and groups and organizations and even countries who are called whales. They are operating in a way that no one can trace them out. They are manipulating the prices every other day. Things are not that much under their control when we talk abbot bitcoin but yes they have got enough hold on the market. So yeah good luck to everyone, save yourself. |
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I have heard many of those things about bitcoin being a bubble, but I have only one thing to say on that. Bitcoin is existing already for almost 10 years, yet we are still developing  And yet we are still approaching towards the perfection. It has been almost 9 years and the currency has evolved despite so many hurdles on way. If Bitcoin were a bubble, it would not have been able to attain a huge market cap and such a big hold over the crypto market. Its demand would have faded away but no, people are rational and they think different from how those who call the technology a bubble think. |
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BTC is the most genious scam in the history.
yes you are correct. bitcoin is a scam so please sell the coins that you have so desperately been buying and leave us dumb people be in our scam in peace  Well yeah if anyone thinks bitcoin is a scam they can eventually sell them and well to be honest i don’t really think bitcoin will have a limit till 21 million, to mine 21 millions of bitcoins it will take years even for multiple huge setups and when they do I guess there will be something to increase the limits, well for me till I see my profit I will keep on investing and getting back my money. |
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I think people are scared of taking risks. Specially because the price is not going up. It is gradually going down. But, the wise ones are only seeing it as opportunity to invest and get good amount of profit when the price increases. I'm hoping for that day to come. Let's see what future brings for the investors.
Investment is always subjected to market risks , sometimes the prices will rise and sometimes they will fall, but the intelligent ones are now investing more as the prices are low and once something big happens and there is a price rise again the now intelligent one will sell of every bit and become millionaire overnight and for those who are waiting for bitcoin to start increasing and then book small profits overnight, god bless them with patience. |
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Actually, if altcoin price already give profit then that time have included best time, but most of us will hold altcoin longer and will be sold at the end of the year or the beginning of the year to get a higher price again.
Actually on this forum, there are hundreds of people who are ready at every moment to give you advice. This advice can have same wavelength as yours and it can be totally inverse with what you think. As everyone has got defend point of view so you can’t just think one statement from everyone. This would allow you to to listen everyone but do whatever suit you at end. |
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trading has a high risk and is not always perfect and in accordance with what we want because the price of crypto is difficult to predict and sometimes we are wrong in predicting
Experts have been trying for so long time that might some tool be invented now or in future that can assist us in trading. One that could mark the price behave in past and then map it to future and predict us some good or bad news for coming days. Till now, this is just a dream that is under consideration. So our predictions are just baseless and they don’t have have any authenticity. |
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Imagine that some respectable country would go far beyond legalizing cryptocurrency and start one of its own. It would surely be no scam and it would probably have a strong support, but would there be any drawbacks to the currency and the state itself? Would it get more attention than some of the biggest coins now?
Most likely, we can only be interested in the centralized country's crypto currency. It will be like more convenient use of national money. Centralized crypto currency of another state is unlikely to be necessary if we just do not intend to visit this particular country. Therefore, it seems to me that centralized crypto currency will play a certain positive role. In addition, such a crypto currency will help restore confidence in the decentralized crypto currency. Yeah that will be the big benefit that the government issued coin will be authentic and there will be nothing of scams. This thing will grow their coin in the market and the people of that specific county would invest without any hesitation. If the government does tax its coin for some time, then can collect investment from all over the world. |
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