People who have been in the crypto market for a long time understand that such statements are nothing more than manipulation. In other words, this kind of news and action is created to lower the price of an asset and buy it at a lower price, and against to raise the price of an asset and sell it at a higher price. As for buying Tesla cars for BTC, to be honest, I personally do not know of a single case of someone making such purchases. Moreover, as far as the price of BTC is concerned, I believe that its price is controlled and when needed it will grow even more than it was before.
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it's too late to buy Bitcoin. Its value is increasing day by day.We should have bought it couple of years ago. In 2025 people will say it again, it's too late now. It us said that the future economy will depend on bitcoin.
I agree that it was best to buy BTC a few years ago, or even as soon as it appeared, but who would have thought then that the price of Bitcoin would get such a success. But no matter how the price of BTC is there and now it can show even greater growth, and then it turns out that you can invest in BTC even now, the main thing is to adhere to the basic rules of investing. I believe that now the price of BTC has not yet reached its maximum and most likely the main growth of BTC will be at the end of this year.
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There is no doubt we are going to have an altcoin season just like from 2017 event. I believe before BTC hits its maximum ATH for this season altcoins will start to blast headed by high market cap altcoins headed by ETH, XRP, LTC
Any recommendation for coins that can give me 50x to 100x , against BTC pairs. Just sharing my bags do you think these are good? BTC 30%, ETH 20%, LTC 10%, BNB 10%, UNI 10%, BCH 10%, ADA 10%
Share yours.
I also believe that the altcoin season is ahead of us and that many top altcoins are likely to show even greater growth than before. There is not much crypto left in my investment portfolio, but there are still some BTC, ETH, LTC and TRX. I try to just make money on crypto and spend it, and, if possible, leave cryptocurrencies a little until future growth. I believe that the main thing is not to be greedy and to make a profit on time.
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Do you think he does it because he wants to make money? Do you think he speculates with Dogecoin?
I am wondering if he will keep tweeting about it after the bull market is over.
My opinion is that Elon Musk is speculating on the price of Doge Coin and, of course, like many others, he just makes money. The fact is that Doge Coin itself does not carry any value, but its price before the growth was negligible, which made it possible for Elon Musk to easily increase it by a large number of times. And now you can calculate how much you could earn if you bought Doge Coin before the growth and sell it now. Would you get a huge income and you think Elon Musk did not make money on this? Of course, he and other knowledgeable people made very good money. If there is a global fall in the crypto market, then the price of Doge Coin will also fall and I do not think that Elon Musk will support it.
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Hey,
What is your opinion on the bitcoin price crash? I am trading with the Bill Williams trading system and all looks good on the weekly time frame, and on monthly its like nothing happened! what do you think guys and what indicators do you use?
cheers
I do not use indicators in cryptocurrency trading, however, I believe that the fall in the price of BTC was due to at least two factors. The first factor is the opportunity for large players to get BTC at a low price from people with weak hands, from those who could not stand the fall and sold their BTC. The second factor suggests that in order for the BTC price to reach its maximum value this year, it is necessary to periodically lower, thereby creating a sideways movement. This is necessary in order to drag out the time until the end of the year, where the main phase of growth is likely to be. In simple words, it is too early for the BTC price to go up strongly, which means there should be another correction.
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Of course, Covid has made its own adjustments to the development of our world, but I would not say that they are positive. Many companies have gone bankrupt, entire industries have closed down forever and I can’t say that this has made our world a better place. Yes, Covid promotes the transition to remote work, distance learning, and perhaps this somehow pushes people to create new technologies and opportunities, but this is a drop in the ocean and most people are left alone with traditional methods of existence. For a leap forward to occur, the world must be without limits, but apparently in this case it is not about our situation.
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Am I the only one who finds his tweets and market manipulation annoying?
A lot of newbies falling into the trap unfortunately. BTC is strong and won't be affected too much but Dogecoin is just increasing its pump and dump reputation. Sad.
To avoid such manipulations in the crypto market, one should not rush to draw a conclusion just by reading a message from Elon Musk. If we react so negatively to every tweet or other message from influential people, then we ourselves will lose all our crypto assets simply by selling them. I believe that the crypto community should already distinguish where there is manipulation, and where is real news, but as practice shows, some of the crypto users are still susceptible to provocations and manipulations. Of course, it is very difficult to read such messages from Elon Musk, but you need to understand that he probably does not voice an independent opinion, but other people, for example, to bring down the price of top cryptocurrencies and buy them at a lower price.
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If Mcdonalds and Stabucks start to accept Dogecoin and present it throughout all their shops worldwide. Would it flip Bitcoin? I think yes because after it tons of other merchans will accept doge and it can easily flip bitocin.
Also if you look at the last 7 days Dogecoin is stable on the 0.5. It became a stable coin. Elon musks says he woks with dev to impove it. Bitcoin electricity/techonlogy sucks.
I can see Dogecoin the meme coin flips BTC.
I don't think Doge Coin can do anything bad with BTC or negatively affect it in any way. In fact, BTC is the first cryptocurrency and it will probably remain forever. Of course BTC has a number of problems, but Doge Coin has them as well. In fact, cryptocurrencies are all the same, which means that their properties are to one degree or another the same. But still, I believe that the community plays a decisive role and the first will be the most invested cryptocurrency. Moreover, there is a huge difference between the price of Doge Coin and BTC, and in order for them to at least equalize, BTC should also start costing, like Doge, only 50 cents, but if the price of BTC falls like this, then Doge Coin will probably cost nothing at all.
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I believe that ETH will reclaim it's glory back once gas fee issue is solved, there is also a big difference between BSC and ETH that will still make many prefers ETH, that's the fact that BSC is Centralized and ETH isn't.
Of course, ETH is better than BSC since it appeared earlier, it is a decentralized cryptocurrency, and also has a development ecosystem and a large community. BSC is a new cryptocurrency from Binance that was probably launched to temporarily and partially replace ETH. These are all from ETH's problems related to the price of commissions. I also believe that ETH will be able to solve its problems and ultimately gain even more recognition and success.
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Hello Gang, Long time investor/holder of Gold coins, new investor of Bitcoin. I've been thinking about selling some Gold to buy Bitcoin. I'm listening to the pros/cons of doing this and Bitcoin seems like the better asset to hold in the long run.
So.. Anyone else here convert their Gold to Bitcoin? Kinda having a hard time parting ways with my coins. There's something to be said about touching Gold coins. They're heavier than you think.. They have a nice ringing tone to them when tapped. Fun to look at.. older ones have a history to tell.
Maybe I'm alone in this feeling.. 14+ years of collecting coins is hard to let go, but ultimately I got into it to have an insurance in case of economic collapse and security.. also to make a profit. Seems like Gold may be taken out by Bitcoin in a few short years.
Thoughts?
It so happened that I do not have gold, but if I had it, then I would not exchange it for Bitcoin. The reason is that one of the laws of investment says don't keep all your funds in one basket. And rightly so, if you are an investor or want to start investing, then you need to choose several assets. As for gold, I would not underestimate this asset. Yes, now BTC is showing the best result, but what if everything changes and not for the better? And this is if it says that you need to have additional assets in order to avoid large losses.
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"Goldman Sachs banker quits after making millions on cryptocurrency" - That's the headline on one of CNBC article~ Aziz McMahon, Goldman’s managing director and head of emerging market sales in London, quit after making millions of pounds from a bet on the digital currency ether, three former employees at the investment bank told CNBC.
~ McMahon is believed to have cashed in at least £10 million ($14 million) worth of cryptocurrency, the sources said.
~ When approached by CNBC, Goldman Sachs confirmed McMahon’s departure but declined to comment any further. I purposely left out the coins he bought and profited from because it's irrelevant. The guy must be earning big already given his former position but it took investment in cryptocurrency to quit his job. How about you? Do you see yourself quitting your day job after this current bullrun? I hope you make enough to start with a business of your own. Unfortunately, at the moment, I could not make enough money on cryptocurrencies to give up everything and open my own business, so I continue to work in crypto. But there are certainly those who have already made good money and why not cash out their profits? Personally, I did the same. It so happened that I am more eager to get real things, but since it is difficult to make money on these things now using traditional methods, I have to work with crypto, which of course helps a lot. However, you need to understand that there is risk everywhere and in crypto as well, so you need to correctly set your priorities and goals.
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Reporting Week Number #7: Monday, 10th May, 2021 to Sunday, 16th May, 2021 Bitcointalk Username: ven7net Telegram Username: @venbusiness Twitter Username: @VEN7NET Twitter Profile Link: https://twitter.com/VEN7NETTwitter Followers: 3329 Tweet Links: 1- https://twitter.com/VEN7NET/status/13917539747059671102- https://twitter.com/VEN7NET/status/13921662877914931243- https://twitter.com/VEN7NET/status/13925509203371130914- https://twitter.com/VEN7NET/status/13928169132569559045- https://twitter.com/VEN7NET/status/1393262258172596232Retweet Links: 1- https://twitter.com/VEN7NET/status/13916950044065832962- https://twitter.com/VEN7NET/status/13920749965629890563- https://twitter.com/VEN7NET/status/13924503588704788504- https://twitter.com/VEN7NET/status/13928015001922519055- https://twitter.com/VEN7NET/status/1393163950632677377Binance Smart Chain Wallet Address: 0x30798fA44b16cFB5fe88c26B62d8441EEF77Ed53 Reporting Week Number #7: Monday, 10th May, 2021 to Sunday, 16th May, 2021 Bitcointalk Username: ven7net Telegram Username: @venbusiness Facebook Username: VladimirPechyoniy Facebook Profile Link: https://www.facebook.com/VladimirPechyoniyFacebook Friends: 5000 Post Links: 1- https://www.facebook.com/VladimirPechyoniy/posts/39517163782394512- https://www.facebook.com/VladimirPechyoniy/posts/39552506812193543- https://www.facebook.com/VladimirPechyoniy/posts/39585462408897984- https://www.facebook.com/VladimirPechyoniy/posts/39609352706508955- https://www.facebook.com/VladimirPechyoniy/posts/3964787283599027Shared Post Links: 1- https://www.facebook.com/VladimirPechyoniy/posts/39512061316238092- https://www.facebook.com/VladimirPechyoniy/posts/39543262246451333- https://www.facebook.com/VladimirPechyoniy/posts/39575101576600734- https://www.facebook.com/VladimirPechyoniy/posts/39607932273317665- https://www.facebook.com/VladimirPechyoniy/posts/3963894793688276Binance Smart Chain Wallet Address: 0x30798fA44b16cFB5fe88c26B62d8441EEF77Ed53 Reporting Week Number #7: Monday, 10th May, 2021 to Sunday, 16th May, 2021 Bitcointalk Username: ven7net Telegram Username: @venbusiness Reddit Profile Link: https://www.reddit.com/user/venbusinessNumber of Karma: 6463 5 Reddit Post Links: 1- https://www.reddit.com/r/ICOAnalysis/comments/n9561b/the_mocktail_finance_platform_was_designed_to/2- https://www.reddit.com/r/ico/comments/na2aek/mocktailswan_is_a_new_promising_crypto_platform/3- https://www.reddit.com/r/CryptocurrencyICO/comments/naw689/the_mocktail_finance_platform_was_designed_to/4- https://www.reddit.com/r/IcoInvestor/comments/nbfi14/the_mocktailswap_finance_platform_has_a_number_of/5- https://www.reddit.com/r/ICOAnalysis/comments/nceqrd/mocktailswap_finance_solves_the_financial_problem/Binance Smart Chain Wallet Address: 0x30798fA44b16cFB5fe88c26B62d8441EEF77Ed53
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Bitcoin is gradually losing market value. At the start of this year, Bitcoin commanded about 70% of the total cryptocurrency market but with the continued surge of ethereum that has dropped to about 47%. Earlier this week ethereum got to its all-time high after reaching 3,000 and it quickly got to 3200 yesterday which amount to 15% of the crypto market. Ethereum is giving bitcoin a hard chase as it is gradually dropping the market value of BTC. This is expected to continue as many investors are flooding to ethereum.
I love ETH and have been working with it for over three years now, but I cannot say that ETH negatively affects the price of BTC. I believe that everything that happens to crypto prices, for the most part, is manipulation by large players, and when you see that, for example, the price of BTC falls, this does not mean that it was influenced by ETH or another cryptocurrency. This is all the game of big players who make money on these manipulations. But no matter how it was, the price of ETH will still not be able to become the same as BTC, which means that ETH will always be at least the second number, which is also very good.
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The name and personality of Elon musk has been trending lately, for good and bad reasons. Some blame him for the recent down in price of btc with his recent tweet, some suspect that he has a plan to manipulate the market to the favour of doge coin which he has recently been a strong advocate for.
What if Elon musk takes this opportunity of popularity and influence to start and launch his own coin to the market?
Do you think an altcoin created by Elon musk will do well in the market?
As far as I know, there have already been talks about Elon Musk's creation of his own cryptocurrency. If there was talk about this, then there is a possibility that Elon Musk will sooner or later create his own cryptocurrency in order to arrange competition in the crypto market. Perhaps everything goes to this. It would be interesting for me, since I also use crypto and if a coin from Elon Musk appeared, I would probably buy several coins, because Elon Musk would do everything to make his cryptocurrency show great growth and probably even tried to make it a competitor for Bitcoin.
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