Bitcoin Forum
June 14, 2024, 03:19:31 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 [96] 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 ... 188 »
1901  Bitcoin / Bitcoin Discussion / Re: Sorry guys.. Bitcoin is not for our day-to-day transactions. on: January 12, 2021, 05:08:48 AM
Do you think that states will use bitcoin as a reserve of central banks instead of gold and one hundred governments will use it as a digital asset to accumulate value? This will never happen because the nature of the state is completely different. Many states have now legalized bitcoin, that is, they have established its legal status and determined its order and conditions for walking in society, but they will not actively support it, that is, they will not create an infrastructure for its circulation and use it in international agreements.
They will use their central bank stablecoins, that is, their digitized currencies, and create various regional stablecoins based on their own currencies or the same gold.
So far, the cryptocurrency market has reached one trillion dollars, compared with 70 trillion in stock markets and 200 trillion dollars in the real estate market, and states consider cryptocurrency to be one that does not threaten the stability of the global financial system. It is still unknown how states will treat cryptocurrency in the future. Most likely, they will strengthen the legal regulation of cryptocurrencies in order to weaken their impact on society.
1902  Bitcoin / Bitcoin Discussion / Re: Reason(s) why Bitcoin price dropped on: January 11, 2021, 06:00:59 PM
Are there any news that triggered the Bitcoin price to drop from $41K to $33K as of now (10am EST 1/11/2021)?

Would a 100 BTC sell transaction causes a 1 to 3% drop in BTC price?  What is the price elasticity for BTC?



The bitcoin price cannot rise for a long time without correction and fall. This is the law of the market, the reflection of supply and demand in its price. Bitcoin grew in price, many began to sell it in order to fix profits. Some needed money, while others are selling knowing that after some time it will still fall in price in order to buy it at a low price. So there is nothing surprising in the current fall in bitcoin. The surprise was caused by the long rise in the price of bitcoin without a rate correction.
1903  Bitcoin / Bitcoin Discussion / Re: China: Bitcoin a hedge against confiscation of wealth? on: January 11, 2021, 05:29:16 PM
Of course, bitcoin and other potential decentralized cryptocurrency may well be used to hide their income and wealth from government accounting. Surely many do so. If you place cryptocurrency on new wallets and do not display them on the exchange, then no state structure will be able to prove to anyone that they belong. The main thing is to securely store your private keys from wallets. Apparently, in the future, this will be one of the reasons for strengthening the regulation of cryptocurrency by states, as well as the further spread of cryptocurrency.
1904  Alternate cryptocurrencies / Altcoin Discussion / Re: Will ETH break it's ATH? on: January 11, 2021, 10:50:53 AM
Eth has crossed 1000$ last night, could we expext that we will see a new ATH within 3-4weeks??

To be honest, eth won't take that much time to break the previous ATH if this parabolic movement is going on. Eth already pumped almost 2x from the launch of ETH 2.0.  BTW, according to coingecko, previous ATH of eth was on 13 January 2018 and we might see new ATH before 13 January 2021.
Bitcoin still dominates almost all types of cryptocurrencies due to its high level of capitalization, now over 68 percent. Therefore, the ethereum price is still dependent on the bitcoin price. When bitcoin rose in price, the price of ethereum also rose more than $ 1,300 and there was not much left to its previous price record. However, last night the price of bitcoin began to fall, and with it the price of ethereum fell. Now the price of this coin is at $ 1,100. For ethereum to surpass its previous price record, we seem to have to wait for the cryptocurrency market to continue bullish growth.
1905  Alternate cryptocurrencies / Speculation (Altcoins) / Re: XRP - Buy in or Bail out? on: January 11, 2021, 10:28:58 AM
In this market there will always be cases like this emerging, anxiety and fear will make you lose your opportunities. I bought back XRP for $0.2 and am now happy with that decision. I am curious to see if many people here have made the same decision as myself, but i see maybe XRP will still exist and strongly influence the market.
The Ripple company announced that it is entering into negotiations with the SEC, which means they are ready to admit their guilt and pay penalties. I don't think the SEC wants anything else. The negotiations will mainly concern the amount of penalties. The executives of this company will have to pay billions of dollars and XRP will continue to exist. Before the current market drop, XRP price began to recover and hit $ 0.33 yesterday.
Yes, this coin is centralized and can be easily misused, but many will still use it, including as a means of payment due to its good characteristics.
1906  Economy / Speculation / Re: Bit Coin dropped 12% since morning ,where is it going? on: January 11, 2021, 06:26:40 AM
Wow, what a ride . I sold for cash on Friday. I'm buying back in when I see it level off for 2 weeks . I made 400% on Friday ,but 100 will be ok this time . Hang onto your hat folks ,were in for a real ride ,yipee kiyi !
I have periodically sold my ethereum in small batches lately, but last time at the price that the coin has dropped to now. Now I have a certain amount in USDT, so if the market falls further, I will buy, but will grow, I need to determine a temporary price peak and sell. I am more and more convinced that simply holding the top cryptocurrencies is ineffective. You need at least periodic trading when prices are clearly going up or down. What will happen next - we'll see. It looks like this year will be very interesting for cryptocurrency market participants.
1907  Economy / Economics / Re: Sweden Explores Moving to a Digital Currency on: January 10, 2021, 06:19:50 PM
With the news that Sweden will soon move and issue its digital money. Then this will be a big influence in the advancement of crypto. And the crypto price could be even higher. In fact, there will be many new projects to follow this Sweden. And maybe it will soon be followed by other countries.
In practice, this is no longer news. More than 80 percent of all states are currently exploring or trying to switch to their national stablecoin. In the near future, virtually all states will have their own central bank stablecoins.
Most governments have already stated that using blockchain technology in non-cash payments is much more efficient and profitable.
1908  Other / Archival / Re: What will happen to bitcoin on a world war? on: January 10, 2021, 05:21:19 PM
Guys, don't overthink. You are thinking as if the whole world will be affected, that all 200 countries and territories. If a nuclear holocaust happened there would be places in the pacific ocean, oceania, south america, and africa that will be spared from the madness. And the survivors will simply relocate to those places if they can. The internet would still be existing and bitcoin would still run as there might still be people mining it from the countries that are not affected by a world war.
It is difficult to find a year on our planet without a war. Probably such a human nature. In our time of high technology, world war is very easy to ignite. There is now a lot of evidence to support the fact that previous human civilizations had much more advanced technology than we have now. We find descriptions of the use of nuclear weapons and evidence of their use many millennia ago. Each time, humanity has to rebuild almost from scratch. It is possible that after some time the bow and arrows will again become the most formidable weapons. So far, human history has been constantly repeating itself.
1909  Bitcoin / Bitcoin Discussion / Re: Do not be too happy on: January 10, 2021, 04:42:54 PM
Do not be too happy that big and giant companies are entering the field…
Because they set the price up and down whenever they want…
You should be happy when ordinary people invest more than big companies.
In simpler terms, it is much better if bitcoin or anything else that exists is distributed all over the world and reaches individuals and companies equally, or, as the saying goes, does not accumulate together.
Wherever governments or large corporations stand, they are sure to determine everything.
Successful and healthy  Wink
Why, entry into the cryptocurrency market of large companies is generally very good for the distribution of cryptocurrency. Without a lot of capital, people had no confidence in the future of cryptocurrency. The fact that large corporations are investing their money in cryptocurrency gives people such confidence. They know that large companies invest money only if they are fully confident in the profitability of their investments. One cannot count on states in this matter. They will not actively support the cryptocurrency and invest in it.
1910  Bitcoin / Bitcoin Discussion / Re: Paper money vs Digital currency on: January 10, 2021, 04:15:39 PM
A large majority of peoples in the world believes on paper money. They think that this is used for buying or selling things. A currency which has a physically appearance in the world.
But the upcoming world is the world of  digital currency. Because it is easy and reliable way for sending and receiving money at any place in the world. We can send or receive money within minutes.
But there is a huge difference between both the currencies.
So, it is very difficult to adopt the digital currency in the whole world. Because mostly peoples are n't know about the new technology and they don't try this way yet. Because they don't believe on that way.
So, how we  convience the peoples to adopt digital currency?Huh
The transition to digital currency is a very long process. It will take more than one year and probably more than one decade. Plus, I don't think paper money will ever disappear completely. A certain part of people will refuse to use digital money or, for various reasons, will not be able to do it. In addition, natural disasters are increasingly occurring on our planet, and therefore it is not worth relying entirely on electronic and digital money. Physical money is also needed. People should have a choice under what conditions what money to use. There is no need to rush in this matter.
1911  Alternate cryptocurrencies / Speculation (Altcoins) / Re: So is it appropriate for us to BUY XRP now? on: January 09, 2021, 05:13:42 PM
Ripple had a highly manipulative week. Seems like a large bull trap to me. I don't think Ripple would be able to maintain this price unless they settle the issues out and gets relisted on popular exchanges. Not being able to trade on US based exchange is not the end but they'll miss a large manipulative market. If I were to buy, I'd wait for them to fall below 20 cents.
Now the price of ripple is at the level of 0.32 dollars and it is unlikely to seriously fall. Ripple's executives have announced that they are entering negotiations with the SEC. This means that they agree to pay the penalties. The SEC, in fact, is doing this. If the fine is paid, then ripple will be restored on the exchanges and will be able to develop further. However, the awareness that centralized cryptocurrency can be easily misused will remain.
1912  Economy / Economics / Re: Is bitcoin volatility here to stay? on: January 09, 2021, 04:45:49 PM
I don't think that Bitcoin volatility will go away one day. Just look what happened after Bitcoin reached new ATH yesterday. The price fell around $3,500 in about half an hour.
If it did really fell that's just a minor pull back, bitcoin is already stable at $40k, it's trading at $41k and that is very bullish, I mean the bullish movement still continues without any sign of correction to start happening again. Well, we saw a little correction this year but that was a short lived one, so price will continue to rise, and volatility is therefore will stay.
It is unlikely that a short-lived, but a decent drop in the price of bitcoin recently can be called a correction of its rate. This is just the usual manifestation of its volatility. Apparently, significant batches of bitcoins were put on the market for sale, which led to its almost instant drop in price. Even if its capitalization grows significantly, Bitcoin is unlikely to be able to get rid of this high volatility. It seems to me that Bitcoin and the high volatility of its price will always be together.
1913  Economy / Economics / Re: Very serious Question the New money system on: January 09, 2021, 04:24:22 PM
The world hasn't gone through many changes of the monetary system. I mean from bartering we went directly to precious metal coins and then went off the Gold Standard (big mistake IMO). That's when the decline has begun. We're in a totally different era now then we were even 30 years ago. Technology is booming everywhere you look. I don't know how the governments and Central Banks will handle the transition but it's going to be either a lightning-fast transition that will shock the whole world or the more likely scenario they will adopt/accumulate Bitcoin and then make it mainstream.

Even if they do make a digital currency, that's still no solution for inflation.
I do not think there will be any serious changes in the monetary system of states. Only one thing is clear: states will never switch to the use of a decentralized cryptocurrency. For now, they will actively issue central bank national stablecoins, as China does. In fact, these are the same national currencies, only in digital form. Depending on how they take root and how actively they will be used by the population, the states will decide what to do next.
1914  Economy / Economics / Re: The recent rise in prices, temporary or more long term? on: January 09, 2021, 10:19:14 AM
If we learn from the bull run that occurred in 2017, it looks like the price increase in Bitcoin in January 2021 was only temporary. It is unlikely
that this Bitcoin increase will run long-term, for sure the whales will take profit and when that happens Bitcoin will start to collapse. So my advice is
to remain vigilant, because the current increase in Bitcoin is too high. According to my prediction, the Bitcoin price will soon fall.
After such an incredibly high price increase, Bitcoin should fall in value. However, the most exciting question for us so far is when this will happen and how low it will fall. If about the depth of the fall in the price of bitcoin, basically everyone agrees that it will not fall too low, then no one can definitely say anything about the time of the fall.
Most likely, the bullish growth of bitcoin will still last up to two weeks. After this time, capital can begin to flow into altcoins.
1915  Economy / Speculation / Re: Cash out or HODL - Bitcoin? on: January 09, 2021, 10:00:15 AM
Just want to be honest here...
I've once missed last 2017, I was been by the word HODL as many people say. But this time, this is the right time to sell. Maybe it was a silly thing not to believe that the Bitcoin price will even grow more. Yeah, I was thinking about my bad experience in the past where I suppose to doubled my investment profit but unfortunately, I'd missed it. I don't want it to happen again, otherwise, I will wait for another 4 years to come, and another halving just to have these changes back.
On December 21, Bitcoin had a price of $ 22,000 - $ 23,000. Those who sold bitcoins at such a price probably already regret it. They had the opportunity to practically double their profits, given that the price of bitcoin is now over $ 40,000. As we can see, the current growth of bitcoin is not at all similar to the situation of its growth in 2017 - 2018. Now the situation for cryptocurrency is much better than it was three years ago. However, it is all the same, bitcoin should go to correct its course after some time. Most likely, it will not be as deep and long as in 2018.
1916  Economy / Speculation / Re: Bitcoin hits $40k on: January 08, 2021, 05:44:43 PM
Although that I did predicted about Bitcoin crossing $40k by the end of this week, we still need to manage our risk very well. To all of the risk takers out there, I would like to congratulate you all for buying Bitcoin early. As the institutions keep buying Bitcoin, I believe this is still a tip of the iceberg. There are a lot of institutions worldwide, and I bet once they follow, Bitcoin is possibly going towards $100k by the end of 2021.
There is still a reasonable limit to Bitcoin's price growth. Many of us have already set for ourselves the price at which they will sell their bitcoins. It is right. Otherwise, we will only remember that we saw such a high price and did not take advantage of this growth. There will still be waves of price growth behind this wave, and it is better to be able to buy bitcoin and other potential cryptocurrency at a low price. The only question is to correctly feel at least approximately the price peak of the current growth.
1917  Bitcoin / Bitcoin Discussion / Re: Satoshi Nakamoto doesn't want to be found; stop searching. on: January 08, 2021, 05:13:42 PM
Satoshi Nakamoto, or the person who used this pseudonym, did the right thing to hide his authorship. This is how Bitcoin can remain completely decentralized. I hope that this is what he was guided by, hiding his identity until now.
Therefore, of course, you need to stop trying to find Satoshi Nakamoto. And there is practically no chance of installing it without his desire.
1918  Bitcoin / Bitcoin Discussion / Re: Oh that feeling... when the price goes crazy...after you sold! on: January 08, 2021, 04:50:22 PM
i never say i never sell, instead i always sell whenever there is a big rise the difference is that i never sell large amounts such as "a coin or two". that is just crazy.
what i do is that i sell a small amount whenever i feel like a big target was reached such as breaking the ATH or breaking a significant resistance such as $40k.
and i always do that when i think there is going to be a drop, like when the rise runs out of steam and can correct. i am not always successful in predicting this but when i am i always buy back in the dip with at least the same amount of bitcoin and cash out the difference or just buy back with all the money and increase the amount of bitcoin i have.
I use roughly the same tactic. I mainly transferred my assets to ethereum. During this rapid price growth, when I thought that a price peak was possible, I sold a small amount and transferred to USDT in order to lock in a profit and there was a reserve for subsequent purchases at a low price. However, cryptocurrencies, including ethereum, continue to grow.
Therefore, indeed, lost profits will practically be in all of us. The main thing is not to make big mistakes.
1919  Bitcoin / Bitcoin Discussion / Re: For old users: check you abandoned wallets/exchange/other service accounts on: January 07, 2021, 07:40:52 PM
If you were a busy bounty hunter, then I suggest to go through you 2017-2018 post history and you might remember bounties, which rewards were held on projects dashboards. Sometimes miracles happened and forgotten projects suddenly introduce "Withdraw" button in dashboards. Just check if your altcoins are listed, check if there are buy orders and you will earn more than 20$, because Ethereum transaction fees cost a lot right now.
This morning, I was just checking and organizing my old wallets and the presence of tokens in them, which began to be traded and can be sold. Of course I found something. Each type of token now needs to be assessed individually. There are those that are worth selling immediately, while others still have growth prospects. If soon we can wait for the altcoin season, then we shouldn't sell everything.
1920  Bitcoin / Bitcoin Discussion / Re: BTC Bitcoin just crossed $40,100 on: January 07, 2021, 07:22:41 PM
The relative strength index (RSI) of Bitcoin, which is a metric used in the analysis of financial markets and measures the balance between buyers and sellers, is at a high level. But at the same time, the leading crypto entered a sharp downtrend as soon as it reached $ 40,000. Let's see where Bitcoin's next move will be heading.


I see that the price of bitcoin is jumping up and down by hundreds of dollars. The price was over $ 39,000, and the surges were probably over $ 40,000. Now the situation is really such that it is difficult to predict something. Bitcoin may still rise or start falling right now. In any case, I would no longer advise buying it at the current high price. It's better to watch what happens next.
Pages: « 1 ... 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 [96] 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 ... 188 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!