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I have a 500 people group and make a vote there: Do they think it's happening a short pump or a bullrun right now?
Guess what?
87% vote for 'a short pump' is happening right now.
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Better to hold cryptos because I believe bull run will happen again, and you should not invest in cloud mining most of them are scam.
Yes, I've received several kindly reminds in the thread. The very beginning to invest in cloud mining is to evaluate the company/platform. |
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I think the bottom line BTC has been discovered through technical analysis that it is oversell and it's time to go up, for miners I think they have also dared to go into mining and i think this is a good thing for BTC
With your technical analysis that shows that it’s time for btc to go is quite correct, bitcoin might be on its way to 6000 usd before coming back to $3k to later become stable on $4.5k for the year but not the BULL RUN moves we are expecting yet. Most people and major analysis believe that the bull run might not be in effect till middle 2020 though if I am to base it on instinct, I will say that it’s this year but basing it on TA and FA, it heads for next year. Thank you for sharing. Your instruction is very specific. Means we buy now and sell them when the price hits 6k, then take the second round. When do you think will be the bull run? I mean not a pump but a real bull run. |
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Some one is right here. More people are joining mining right now and it will impact the bitcoin price a lot. https://cryptocrimson.com/bitdeer-com-expands-global-ecosystem-with-f2pool-strategic-partnership/'The team is visiting several collaborating mining facilities in the U.S. to strategize on the platform’s Bitcoin and more coin mining offerings in the near future. BitDeer.com also plans to meet with leading experts from top Silicon Valley companies, creating dialogues in terms of online payments and algorithms, user experience and customer service, and unfolding computing power service for enterprise clients as the next step of strategic deployment.' |
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Don't want to turn this into some sort of trading thread, but I too don't see LTC going too far above $100 unless BTC's also dragged upwards and other cryptos as well. BTC's been lagging behind alts like ETH and LTC big time recently, though I expect LTC continuing its run upwards from the mid-$50s will likely have BTC going up to some degree too.
LTC could still go much higher than where it's at right now and the L3+s could drop below the 80s for maintenance again, but difficulty will catch up again and those things'll once again be unprofitable.
L3+? I see L5 is available on bitdeer.com. Maybe difficult to be profitable from L3+? |
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Our market is recovering but it is not stable. After pumping, there will be red market times. so we are still in a stable state and there is not much hope for the market to be pumped.
Please be patient and continue to hold, the market will soon grow from Q3 and you will get the reward you deserve.
Small pumps are not easy to clutch and some users have a misunderstanding regarding the difference between short term pump and long term trend. After the pump dump happens and there are big differences with the trend. The long term price increase is called a bull trend and short term price change is called as a pump. You really explain the words exactly. Learned with thanks. Well, I believe I'm staying with long term trend. |
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Yes, I believe it. It seems to me that the cryptocurrency market will soon go up. That is why at the moment I am ready to invest in the most popular coins.
Can you list the most popular coins? BTC, BCH, LTC, ETH....? |
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Yes thanks. I want to discuss which is better strategy: hold or go into the new model cloud mining from bitdeer. Most people suggest to hold and no trusted cloud mining platform were recommended. Except me, because i keep saying bitdeer.com is not a scam, seems no one want to hear me. lol Because I think people have different experience in industries and we will be easier to figure out what's happening right now if people are willing to share. Very thankful to people here who willing to share your ideas, opinions. |
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I will simple keep my coins and will certainly not put them into mining. The market seems to be dominated by miners anyway and electricity is very expensive where i live. That is why mining is not an option for me.
Do you mind share where are you? Could mining can be one of your choices if you can't install machines by yourself. |
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if it's about trust, of course I still believe the market will be bull, but I don't expect too much, because the recovery process still takes a long time.
It certainly will be long time, but in my opinion it will be huge bull run. Just look in the history of Bitcoin price. Every new ATH (after bull each bull run) is few times higher, so next one should be around $100k. Hooo, it sounds very exciting! The point is still when. haha |
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I think the bottom line BTC has been discovered through technical analysis that it is oversell and it's time to go up, for miners I think they have also dared to go into mining and i think this is a good thing for BTC
Why they dare to go into mining? If the BTC is going to go up, they should be very positive in mining, shouldn't they? |
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The more people believe it's coming - > the more they support crypto -> the more likely it's coming
Interesting logic |
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Such an exciting to read your comments! The bull run time can be concluded as: end of this year, 2020 and 2021.  Maybe we need a vote for the 3 predictions！ |
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Recently some positive news and frequent promotions from some platforms make me think if the bull market is on the way.
The water period in southwest of China starts from March and believe hundreds thousands of machines will be re-opened to join the mining, meanwhile the mining difficulty will definitely rise sharply.
Besides, many cloud mining platforms are moving these days: bitdeer, hashnest, genesis mining, cryptouniverse, bitdeer is the most active one, giving away gifts, coupons, even starting other crypto mining except bitcoin.
I'm not sure if it's a real bull, but seems we need to decide which is better for us : hold cryptos or put them in mining again. Is it a repeat situation of 2015??
I don't have an analysis of what happened in 2015 but if the mining will come again although there is no article to link to your post, then this is great news too for all of us, I prefer to hold my coins whatever happen I never invest in cloud mining I have been scammed many times in cloud mining. sorry to hear that. But as per no scam platform, sure I can recommend you bitdeer.com which I've studied them. At least no scam from them on payment. |
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BTC's mining difficulty is high for someone who's just thinking that it's easy to mine it. Competing with large mining companies would just give you an headache so I don't think it's worth it for you to mine bitcoin nowadays if you have that small mining facility. ETH's difficulty is also high but I'd prefer to mine it through GPU's and what you will do is to mine and hold. If you will calculate your daily mining earnings, you will just be discouraged.
Yes, many want to mine ETH. Did you try the ETH plan on bitdeer.com? Seems that 500MHS is the max, can you share how's the mining profit? |
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Recently some positive news and frequent promotions from some platforms make me think if the bull market is on the way.
The water period in southwest of China starts from March and believe hundreds thousands of machines will be re-opened to join the mining, meanwhile the mining difficulty will definitely rise sharply.
Besides, many cloud mining platforms are moving these days: bitdeer, hashnest, genesis mining, cryptouniverse, bitdeer is the most active one, giving away gifts, coupons, even starting other crypto mining except bitcoin.
I'm not sure if it's a real bull, but seems we need to decide which is better for us : hold cryptos or put them in mining again. Is it a repeat situation of 2015??
I don't have an analysis of what happened in 2015 but if the mining will come again although there is no article to link to your post, then this is great news too for all of us, I prefer to hold my coins whatever happen I never invest in cloud mining I have been scammed many times in cloud mining. No article about 2015 here because I'm new here. But we were in 2015 and knew the situation, as my knowledge, 2019 is so much like 2015-bear. In 2016, the bitcoin was starting the rising, never stopped until 2018. People who choose to mine in 2015 are getting their harvest in 2016 and 2017, because they got so many bitcoins from mining because of low mining difficulty at that time. |
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I have no news and update about those upcoming mining hardware that's upcoming to China. And as the difficulty increases, it will result to price increase that's going to make price of bitcoin higher. We don't have any idea if this is the true bull run that will commence soon because we've been dwelling to this bear market fo so long. It's a very long time since the last bull run we've been but that's it and we need to wait until it's verified and clarified that bull's has been into the town.
Thanks for the reply. But do you prefer to hold the crypto or invest them again to mine more? Well I don't know if it will be more or less. I'd prefer to hold them for a longer time and see if my plans are going to fit the market. I've been a HODLER so that's my answer to your question. When the bull market triggers, I can say that I've done the best part which hasn't been the choice of others. And another thing is that I'm believing that we're about to see the end of the bear market, this means that it will trigger the market into bull market very soon. That sounds not bad.I will keep watching the status of the platform. Let me ask, if there's a chance to mine a crypto, which one you want to mine most? BTC, LTC, BCH, BSV,ETH... |
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Thank you for your opinions. Most of you suggest to hold. How do you understand the saying 'do the minings in bear market, sell cryptos in bull', I believe it's from one of the bitmain CEO, jiihan?
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Recently some positive news and frequent promotions from some platforms make me think if the bull market is on the way.
The water period in southwest of China starts from March and believe hundreds thousands of machines will be re-opened to join the mining, meanwhile the mining difficulty will definitely rise sharply.
Besides, many cloud mining platforms are moving these days: bitdeer, hashnest, genesis mining, cryptouniverse, bitdeer is the most active one, giving away gifts, coupons, even starting other crypto mining except bitcoin.
I'm not sure if it's a real bull, but seems we need to decide which is better for us : hold cryptos or put them in mining again. Is it a repeat situation of 2015??
Cloud mining sites are scams so don't invest your money there. If more people started to mine doesn't means the bull market is coming,only we can experiences while it is happening until that everything is just predictions. Well, I was a user of Hashnest and now I'm testing bitdeer right now. As my knowledge, hashnest was under bitmain and it was really profitable, unfortunately bitmain kicked it out and no new products there any more. Bitdeer recently is very active, and is very close to bitmain, guess if bitdeer is under bitmain somehow. Anyway, my point is that is it the right time to put my coins on minings. Because I'm sure bitdeer can be trusted as my study and I beg more experience from you. Thanks. |
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