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Of course because it is us humans who dictates the price and sometimes humans greed makes the market surge or fluctuate. The value of a coin is determined with the supply and demand of humans want to make profit and that's what makes trading fun and addicting cause there's a risk that you might loss and you can also profit tremendously.
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I still think bitcoin could go down a lot further according to technical analysis and the 2013 to 2014 history chart of bitcoin. This price could plummet below 2800 or 3100 dollars and once it had its final crash then bitcoin can start recovering and starts its whole year uptrend cycle the following days will dictate btc path whether to go up or down lower.
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Payment through usd or bitcoin could be a neat solution to avoid the dumping of the price of the project many tokens fail because most of its value gets dump by a huge sell off of their bounty hunters. So why not pay them in alternative currencies if they really want the project to succeed. That's the risk of businesses who put lots of money if you want to succeed.
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With a big falling wedge im bullish at the long term if bitcoin manages to bounce off below 200 weekly MA then that could signal a confirmation that bitcoin has truly bottomed out and we can finally see a bullrun in the next coming months. The price may have a one final drop before it bounce off so i wouldn't be to eager and let it play out.
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They are purposely creating fud to intentionally bring down the price. A manipulation to help bring down the crypto market where they can ride the boat and invest into much cheaper price. For me if someone says the price will go down to $2800 i do the opposite and buy. The accumulation phase has started better cost average.
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Nope cause back then in 2008 i don't know bitcoin exist much more use a pc lol. It was later 2009 that ive learned to use a computer but now when i think back if only ive discovered, what bitcoin is i would probably invest in it or earn from faucets but right now bitcoin has given us another chance to ride on the boat once more given that the market is dumping right now it might best to accumulate now than regret later.
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Eth has scalability issue and could be vulnerable from a 51 percent attack that's why it needs to find solutions quick or Eth might not survive in the next few years. As of now devs are implementing a new software update and switching it to pos instead of pow. If the network gets faster then it should get more attention as if when the ICO projects were booming.
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We'll we all have different perspectives when it comes to trading but that metaphor is way to extravagant your friend must be really lonely lol. But indeed trading and gaining profit makes it fun and also scary. The excitement of not knowing if you will loss your money or not is thrilling that's most people get hook by it but its very sad to also loss some of your investment. So be careful out there, only invest what you can afford to lose.
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It needs more adoption, more more advertisement and more attention so that a variety of investors will come to know it and possibly invest especially when the market is in the bear trend and gold's price is skyrocketing and bankd closing and freezing accounts this could be a good chance to introduce crypto to potential investors.
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We need more of this to advertise bitcoin to different types of investors but isn't that the same in regular fiat investing such as fractional reserve banking where banks sell coins that they dont actually have then put it with some interest to make money out of nothing maybe their planning some kind of scheme or something but i hope this doesn't have a negative effect in bitcoin in the coming years.
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What a misleading headline. They make it sound like people can just get up and buy bitcoins through existing ATMs, right now. That's not the case at all.
LibertyX got a BitLicense to potentially offer a debit-card-to-bitcoin service, that's all. It doesn't mean that traditional ATMs can sell you bitcoins yet, and there's no indication of how many Genmega machines will ever be Bitcoin-enabled. Genmega caters to the independent ATM deployers market -- enabling the bitcoin-buying feature at ATMs would be dependent on whether independent operators want to offer it.
A more accurate headline: "New Yorkers may be able to buy bitcoins at some Genmega ATMs at some point in the future, not clear how many"
Thanks for the correction, i thought all states have officially legalized bitcoin as investment but turns out to be a misleading info if this were to happen then it could be bullish for btc but it's actually only one company who implemented it. But still a good news though to spread awareness about an alternative asset such as bitcoin it could btc grow and we might be able to see institutional and companies investing in it. |
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That depends on you cause the market has the possibility of a bullish divergence or it could break a huge support if this support doesn't hold then the market will go down even further but there are signs of a bullish reversal. So It's up to you whether to wait it play out or take risk and buy bitcoin or ltc or eth. Honestly all of them are good currency back up with good fundementals.
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I can actually relate to this cause i too have quited my job to earn crypto currency through doing online jobs like bounty campaign and signature campaign's. It was really a good way to earn money cause its less hassle while in a regular job you'll get paid low amount salary for doing a very difficult job that needs to meet its deadline. I hope this year will be the recovery of bitcoin.
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This might be probably the good time to jump and learn trading because the price has reached capitulation now bitcoin has ended its year bear cycle right now the price will probably go sideways and it will start its accumulation phase. The short term may probably look bearish but the long term will be profitable for those who invested early especially in this 3k price range.
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Being greedy is part of any persons personality i mean who doesn't want to make good profit from their investment, i think all of us. For me being greedy is good as long a you put an stop loss when the price falls down and learn how to exit. And dont just put investment knowing its still in an uptrend learn to be patient dont just jump into the hype.
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You dont need to wait for that future to come you can actually buy real estate using crypto currency there's a coin which is back with a real estate company that sells real properties using their own blockchain token. You can go to their site maxcrowndfund.com or just goolgle it i can't really remember correctly the url address. Hope this helps you bro.
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Update the ETF got cancelled and bakkt got delayed but it didn't affect the price i guess there are no more panic sellers around. This could be a sign of a bottom even when the news about bitcoin ETF got cancelled it didn't really trigger any bear move. Cause people think bitcoin doesn't need ETF's and will still grow even without it but for me, an ETF could make the progress of bitcoin a lot faster cause institutional investors can conveniently buy bitcoin.
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The trend is our friend until it ends. Im bullish in the long term but bearish in the short term. But the fundemental part is buy low and sell high we might see some slight gain this day or tomorrow that's why i bought some coins and put some necessary stop loss. But there's also a possibility of a bull trend if bitcoin truly has bottomed out then we might see the start of a reversal.
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I think it needs to be accepted and recognize a lot more a good way to promote bitcoin and crypto currencies is having its own ETF. Im not saying that its necessary to have this but it will surely help bitcoin to get attention although regulations is the opposite of satoshi's vision but the price might pump even more in the long run cause institutional investors would be able to buy crypto's anytime without fearing of their government laws.
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The stock market doesn't look good and potentially could go a lot further as TA indicators and trading experts are warning us. The dow jones price might crash and enter a bearish cycle that could trigger another great depression where interest rates were skyrocketing and people were drowning in debt due to this. I suggest to quickly get out and convert your money to btc, gold or copper.
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