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Looking at the current market, many people are disappointed in the market price, bitcoin prices stomping at the $ 7000 level, altcoin prices are falling deeply. Recent good news, however, shows that the market continues to grow and has great potential in the future. What would you do this time: Buy bitcoin, buy altcoin or do nothing?
I do investments actually not large amounts because I don't have that kind of money but I have invested a useful amount to use in the future because we can see a slow price increase in Bitcoin but I see many won't do the same even investors who used to invest in Bitcoin because they are scared or there are other ICO projects they see profitable than investing in Bitcoin but the problem is there is nothing we know about them like we know about Bitcoin and what will happen to the investment |
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Peak - 16 Dec: 20.000$
Dip - 30 Dec: 12.600$
Peak - 6 Jan: 17.100$
Dip - 5 Feb: 6.900$
Peak - 4 Mar: 11.500$
Dip - 7 Apr: 6.600$
Peak - 5 May: 9.800$
Dip - 28 Jun: 5.800$
Peak - 24 Jul: 8.400$
Now we are at 6.200 going down to the next even deeper dip
This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral
I had to loose many money during those price falls and when I think about those moments I still feel bad about my self but the problem no one believed that this will happen to Bitcoin or any cryptocurrency and lot of people were targeting to make good money during there arrival to the crypto world by investing in Bitcoin and I did the same thing and kept my moral and motivation until the investment goes high and made more investments but when the drop occurs everything came to fall but now it seems like the price drop is finished and we can see a slow increase so if you are willing to recover those losses the best thing to do is buy more as you can today and trade wisely while learning more about the market |
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When the price of a commodity drop with no reason, you should know that it is being manipulated. The reasons for this is quite simple, because a lot of people know this is a fake crash and they are going to make millions, when other people start to panic and start selling their coins at these low prices.
The secret to maximize your profits in this game is to buy coins at the lowest price possible and then again to sell at the highest price possible.
What do you do if people are hoarding their coins and refuse to sell? You simulate a fake crash by stockpiling your coins over a long period and then dumping those coins at once to trigger a small crash. You then buy back these coins at a lower price than what you bought them and wait for the market to recover.
This is what is happening now, because there is NO reason for this sudden drop in the price? Hold onto those coins as long as you can, because these greedy bastards will manipulate the markets to cause chaos and panic.
Those things happen in most exchanges these days and even I have faced many losses due to panic selling according to unbelievable price movements thinking thee price is falling and in those situation our mind only target is to save as much as we can fro the drop so when manipulating traders do such things it is no surprise that many do panic selling there tokens for low prices |
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Incredible news this is really great and I wish ATM machines will place in my country too. This is another way to use Bitcoin in a very convenient way for our needs and day to day use in a more practical way where even common people who doesn't know hot to use a computer much will be able to understand to do transactions in Bitcoins
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No the world is not ready yet but it will be very soon and that is the main reason even there are many cryptocurrencies today in the market like Bitcoin they are used as assets but not widely used as currencies and also Business adaptation level is very minimum in any currency mainly because unlike major fiat currencies like USD Bitcoin and other alternative currency prices are unstable at the moment so stakeholders are scared to use them in business transactions .
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Bitcoin certainly will be a global currency in the world officially or unofficially considering the today trend among people and industrial businesses unlike past year many investors and common individuals are attracted to Bitcoin so the amount of users who use Bitcoin increases day by day which is a path to be a globally recognized currency in the world
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Some of are actually true and if you see closely People who possessed Bitcoin are leaving Bitcoin thinking Bitcoin will drop further and loose there money and that is happening not just for Bitcoin but for other currencies too and I think that is the main reason for the huge drop nothing else
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Why do we need to regulate Bitcoin because by doing that I feel like we are giving outside world and for people who were blaming and making false rumors or accusation more power over the Bitcoin community. Bitcoin was doing great so far without any regulations and without any authority and protecting it's status being a decentralized asset but this situation can be destroyed instantly forever if Bitcoin go under regulations
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I am holding some but not every Bitcoin I purchased in the past but a considerable amount to make useful in the future for me. Most agree that Bitcoin price dropped too much than any other asset in the world and unlike other Bitcoin is new to the world financial market so many still don't trust enough which is the main reason even I had second thoughts holding Bitcoin further like everyone else.
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Agree with you even the Bitcoins build intention was to use as a currency and to help global and international trade in the process now people uses Bitcoin to gain profits by investing in it so the main purpose it was build has been failed and that is a main reason that Bitcoin will face huge problems because Bitcoin might get useless in the future if this current situation continues and people will understand Bitcoin is useless for anything
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bitcoin is not a valid currency, but bitcoin can also be used in some countries for transaction tools, if we speak legitimately or not it bitcoin just waiting for illegal permits only from individual countries, because to be a legitimate currency must go through government procedures or government, other than that the local currency or national currency also can not be removed from the world market  For Bitcoin to stay and continue in the world as a digital currency without much expansion it doesn't have to be a legit currency but if we want Bitcoin to grow and adapt into more businesses and use as an international money it definitely have to be legit and may have to go under some certain regulations because currency political system avoid and eliminate what it cannot control or understand and that can happen to Bitcoin and even to other cryptocurrencies very soon |
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MasterCard's will be a great way to spend cryptocurrencies and there is no doubt no once will use exchanges to turn crypto into fiat if this wonderful project launched properly targeting the entire crypto community and the rest in the world by providing better security and usable options that anyone can easily use for necessary situations
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It is another theory but we have no idea what will happen in the future or not and Bitcoin was invented to make things right in the financial and economical areas and to make it happen if the current system has to destroy that can happen but it is very far from what in the picture shows
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The investors who are willing to take risks because unlike property, share market still the crypto currency world has not well established so we see hue price ups and down in any currency and that is the reason I think to gain profit from this market the person should able to take the risk or nothing happens
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Market manipulation is the main reason behind the bitcoin crash as, BTC market manipulation has been a highly contentious area that always arises when questioning Bitcoin’s price activity. Whether traders choose to accept it or not, evidence supplied by a University of Texas finance professor recently, along with investigations by the United States Justice Department the Commodity Futures Trading Commission, are beginning to prove that this ‘conspiracy theory’ actually exists in the market.
I do think like you have mentioned the market manipulation is a major reason for Bitcoin prices to crash because all since Bitcoin has become a major asset to make anyone rich in no time many are tring to do what ever necesary to get there profits so people who are really rich and can afford among traders and investors they have the ability to make a big impact to the market easily because still the crypto makret is small considering the rest of the world |
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Most of the time yeah of you trade smart every time can be turn into your advantage and because Bitcoin prices will increase some day no one has to worry about there investments because the investments provide profits at some day
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Investing low amounts won't do any god for investors specially in these day because those glorious days are over to gain unbelievably huge gains from the lowest investment like happened in Bitcoin and today investors haven't understand that at the moment and the investing volumes are much lower
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Because most people who posses Bitcoin are leaving thinking Bitcoin will drop further and loose there money and that is happening not just for Bitcoin but for other currencies too and I think that is the main reason for the huge drop
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Bitcoin isn't regulated any where in the world so common laws and regulations doesn't apply for Bitcoin which is why in world some countries and individuals consider that as a illegal currency
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