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I think the cryptocurrencies is a systems that need long time to build up and what so articles people write about it now should not be taken serious as the prices has most time defiled most of the thought of the writers. We have read many stories including comments that bitcoin is going to clash when it reaches $100, $1,000 and $10,000 but bitcoin has broken all those resistance area and remains strong uptill now. I don't think bitcoin is in bubble and I have to really tell you that bitcoin has a long way to go as per pricing.
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Why most of Traders have bad psychology of trading they keep lose more and more and can lost his account and they left quickly when operations is winning?
I have a friend that has win about 5 trade in a roll and wipe out his entire account in just a trade! I think cutting the winning trade too early and losing trade too late is one of the major habits of most unprofessionals traders. Trading is a game of skills and knowledge and you have to spend much time learning and develop your skills before start trading. This same psychology affect must of us from the beginning before leaning on how to be patients with open positions. |
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According to this article: https://www.investopedia.com/articles/stocks/10/5-steps-of-a-bubble.asp, there are 5 steps going to a bubble: 1. Displacement 2. Boom 3. Euphoria 4. Proffit taking 5. Panic I think we are in step no. 2 Boom, as the global MCAP is not even in the trillions. Also, the mainstream adoption is still in its infancy (1% or so), but the idea is that we need to stay alert about the first signs of a bubble burst. In which step do you think that we are in now? What do you think that those first signs will it be? What contingency plan would you implement? Thanks I also think we are in step number 2 and the bubble is still far away. The bubbles may actually happened some were in 2023 according to my own analysis and reviews. Bitcoin has not been adopted by mainstream media and online mainstream retail shops and I believe between now and then we are going to experience a very great change that is going to couse a lot of adoption and progress. I have a dream that Bitcoin is going to go as high as $60,000 in 2018. |
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Is there any negative effects to bitcoin if it becomes more popular than it is now?
If the demand for bitcoin keep increasing then you should expect the prices to rise too as the law of demand clearly stated this. The only problem that may occur in future is that this may couse inflation to set in. Bitcoin has made a lot of people rich and most of them don't even know what to used their earnings for. I think bitcoin price will never be stable as the demand keep increasing. If you go across most of the exchange platform you will testified to this, the demand rate is too high. |
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That will be great for this coin and tron has done very well and I believe If this is adopted by alibaba it might go as high as $5 in the next three months. Alibaba is one of the largest online wholesale shop and using any of the coins will be a great advantage for that particular coins. We have to buy this coin now as many as we can afford as it will be among the ten most rated coins in 2018. This is my assumption and not a recommendation for you to buy the coin. |
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Hi, i have backupped my pvkeys on an usb stick. I wrote it also down on a piece of paper. My computer broke. I put a metal pin through the harddrives. I will not buy a new pc soon. So i wont check in on myetherwallet for some time. I cant click on phishing links. My question is : are my funds safe? Can myetherwallet get hacked? Can my funds dissapear even when i have no computer, hid my keys? Im to stupid to work with a ledger or trezor. Can something happen to it like with the parity/kill?
If you expose your private key to a hackers it means your myetherwallet can be hacked and that is why you should be careful how you will keep them. Many hackers has a lot of strategies they used in hack people wallets and most time it happens when they get access into your account. Private keys is your power and you should keep them very saved and your coin is also save in my wallets. |
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Do you think we're going to go sideways with the price action or we'll blow past $20,000 per Bitcoin? I'd love to hear your feedback on the price action from beginning January to February what are your thoughts?
We are having some trending market now across many exchange platforms and most coins for the past two days now. I think bitcoin is going to blow above $20,000 by the next upward movement. I don't think bitcoin is going to fall now as there is a lot of new investors coming into the market. We should expect bitcoin to hit $60,000 before December this year. I have this in mind that bitcoin may not getting back to $10,000 as many are speculating. |
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Another attack on bitcoin by Chinese regulatory authority and I am very sure the major aim is to manipulate cryptocurrency in future and we should not be discouraged about it because mining can be done from any were around the world. Bitcoin and others cryptocurrency has come to stay and no governments can exterminate it. I will advice miner to change location for time being in other to take decisions on how to come back in grand stile when Chinese government began to allow bitcoin to strive.
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a few days ago I bought the NXT with the price expensive, and now the price is declining. should I sell or hold?
I think one has to know how this market work in other to understand when to buy or sell a coin and in other to understand when the coin is declining what is really happened in other to make an informed decisions. One thing that I have learned is that coins price cannot keep on declining and also cannot keep on appreciating in price. I have been trading for long and you should know that declined moment are time to buy and appropriate moment are time to sell. |
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Anyone know when Universa comes to Exchanges?
you should try and visit there Ann thread as all information related to there coin are always updated there. You can also join their telegram and ask this question there as you will have prompt answer to what you are looking for. I am hearing about this coins for the first time and I believe this applies to many of us hear. |
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This is very possible especially now that it is in serious bullish trend and many positive reviews are coming out lately on bitcoin and most major crypto currencies. Bitcoin as a leader resume it upwards trends from $12,250 low in December and it has make significant gained by pushing above $17,000 yesterday and when $20,000 is broken maybe next week then $30,000 maybe be achieved before end of January.
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This is very serious! I was thinking that money that should have been investing on this should be money one can afford to loss and not risk money from borrowing. Though bitcoin has returned huge amount of profit from it investors one has to really be careful the way they invest into crypto currencies. Many are using bitcoin as a mode of payment but and a lot of people are using it as investment with hope of huge return.
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Hello Peeps,
Here is a game theory question to question the rush and rash in bitcoin world.
The number of bitcoins is limited to 21 millions with 8 zeros in fractions. What if the fractional places would have been 5 instead of 8 and total coins in circulation would have been 21 billion coins with same generation span, do you believe that price would be same as now? By same generation span, I mean that generation per block would be 1000 times more than the actual so that the world get 21 billion bitcoins in same span as actual.
What if the fractional places would be still 8 with 21 billion coins in circulation in same generation span? Would the price be still the same as now?
Is number a problem?
Hypothetically, To correct the market behavior of mad rush towards sustainability, shall we create a new taxonomy say "TheCoin" which is 1000th of Bitcoin and convert all exchanges and conversations in new taxonomy?
I think number is a problem.
What do you think?
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Disclaimer: I hold bitcoins. And working on new coins. I hate ICOs. I think privacy is overrated. I believe privacy is necessary but not always.
Yes, Number is a big problem and I have been studying currently why some coins with large number do find to increase in price and those with lower number do increased faster in price and one thing that I have find out is that those coin increase in price because of there number. The price cannot be the same if bitcoin supply in circulation is up to $21,000,000,000. |
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Hey, let me open by saying Bitcoin is not stock as I know people will respond in such. I merely use stock as an explanation point. I am in the market and real estate as well as gold. With each of these I can follow some information, though not fool proof, that can give me an idea on what a particular investment might do. I see here on this forum people actually say "think positive Bitcoin will go up". Certainly the confidence people have in btc effects it's price but staying positive is not a magic bullet. Thus far I see people's confidence, volume and news reports are the main driving points behind btc movements do you follow anymore.
Bitcoin is not stocks but there do behave the same way and you can used your trading stocks knowledge for bitcoin trading or investment. It might see different but most times obey the same trading rules and investment! I have been using candlesticks formation in trading forex and the same thing I am using in bitcoin/altcoin trading. However we should also praise the impact of fundamentals analysis in bitcoin trading as this always couse most of the price fluctuations we do experience in the market. |
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I'll be watching for this Blue and this Neo Gold after this holiday season..I am so much excited and I feel so positive that this will strike after the end of year 2017..
I will also watch to see how far it will go as it seemed it is currently overbought. Neo gold is one of those new coin that do well last week and actually we may need a lot of push in other to pave ways for it to gets to the moon. We are having a lot of speculations currently and most of them seem in accurate and others is a sure bet. I think we only need to allow the future to proof most of this predictions. |
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Bitcoin is back up $17,000 and with that nice move, the air has been sucked out of some of the hottest altcoins of the past month like XRP, XLM, ADA and more. Is now the time to lock in profits, buy the dip or something else? Let's talk about the day's action and what we might see in the future.
I have seeing other altcoins taking bearish position at the moment and bitcoin is going up. The bullish momentum has resume and I think bitcoin is going to go as high as $60,000 before first quarter of this year. I do believe that many popular alternative coins are going to take bearish position for a very long time and we may another opportunity to buy them at cheap prices. |
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I think we are close to achieve that than when bitcoin was striving for survival then. I have thought that in few years to come bitcoin can grow to over $200,000 in just a year if all the hard fork issues are resolved as many are picking interest in it in just few years from now. $100,000 is already achievable and we may get to that some few years to come and I am speculating end of 2019. |
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Cryptocurrencies is becoming a reality and we should be happy this is happening in our time. I have tried to understand that bitcoin is actually going to be currency of the future and that is why any positive news from any other coin affect bitcoin positively. I think we should be happy for this. If cryptocurrencies markets cap get to $10,000,000,000,000 it then mean it has taken over the world financial markets and you will find out that bank will become obsolete and people will prefer using cryptocurrencies for all their financial transactions.
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A lot of alt coins are dropping right now, what do you think is a good alt coin to invest ?
There are many coins that you can buy for short term investment and make good profit. Ripple has been performing very well lately and buy them now should be the best Investment any one should do. Wave and NEO are also doing very well lately and you can also buying them for short term purpose. Lisk and iota should also make the list of those coins that will give good return in short time. However op try and do your own personal research on the foregoing coins and you will agree with me that it worth your trading decision. |
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WHat do you think? I think they want to kill XRP and boost BTC again.  I believe speculators always said what ever come to their mind and the aims is to influence traders decisions to take some trading position that will drive coins price to a particular areas. Ripple is going to make some corrections some days to come and this corrections is going to push it back to say $2 and from there it will take to close to the middle of the year before we can experience another upward movement again. I expect bitcoin to start getting another push any moment from next week. |
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