Friday PM - $50k Saturday - Celebrate Sunday - Celebrate Monday AM $60k
Very funny. If that was the situation in the Bitcoin market, Bitcoin value would have been around 1 million dollars. You should try to understand the bitcoin market before speculating about the market value of Bitcoin. You might lose money if you keep having such assumptions in mind. Following speculations made by people will make you bleed heavily..
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Considering what happened in December 2017 and the early part of 2018, personally I wasn't encouraged to buy Bitcoin when the price dropped to $30k. I was thinking it might drop further. And based on what happened, I'm very sure a lot of people will not make a mistake of buying at $30k. The bitcoin market is so unpredictable.
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What is FOMO why people interested in FOMO
If you really understand and know the principles of investing in the cryptocurrency market, you will never have the fear of missing out. Every day is a good day to invest in the cryptocurrency market only if you know where to invest within a particular time frame. People shouldn't only focus on Bitcoin and Ethereum. FOMO comes when people have their entire focus on one crypto coin rather than looking into other coins with good potential. There are good opportunities in the crypto market.
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There are many people who still don't know about bitcoin or other cryptocurrencies. I don't know about others I am talking about my country and about my society. Whenever I ask from people about or talk about the Bitcoin. They ask what is this?
How much there is who face this problem?
Don't be surprised if you realize a lot of people have zero knowledge of what Bitcoin and cryptocurrencies are. You should understand that the media do not really preach Bitcoin and cryptocurrencies to the general public, so it will be very difficult for people to have a good amount of information about the existence of the crypto ecosystem. It is estimated that less than 1% of the entire population of the world know what bitcoin and cryptocurrencies are. And out of this estimation, 50% invest and use bitcoin and cryptocurrency. But there is hope for the entire cryptocurrency ecosystem since the world is gradually getting to know this ecosystem as days and years pass by.
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I'm looking for a good re-entry point and thought I'd canvass the group to see where you think the bottom is before she starts her climb back up through 42K and beyond?
I am thinking around 20K.
Any guesses? If so, why (sentiment, support levels, etc)?
Thank you.
Happy 2021 and good luck to you all!
considering the drastic drop of Bitcoin within the last 7 days, I don't see Bitcoin surpassing $41k to $45k or $50k. The highest market value I see Bitcoin obtaining will be it's initial $41k. Bitcoin can potentially drop to $25k and rotate between $30k to $35k. In as much that the Bitcoin market is full of unpredicted expectations, I don't really see Bitcoin market value hitting above $45k.
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I bought Bitcoin a few days ago for12 thousand dollars. At that time the price of one bitcoin was 28 thousand dollars. At present, the price of Bitcoin is 37 thousand dollars. Which is really good news for me. I made a post after buying bitcoin to see if I made a mistake in buying bitcoin. I was convinced that I had done nothing wrong and that it was now clear. Below is a link to my previous post: https://bitcointalk.org/index.php?topic=5305436.msg55985225#msg55985225You should also have it in your mind that, the market value of Bitcoin can drop at any moment in time considering the history of the market value of Bitcoin the past years now. In as much that you bought it around $12k, you should also know that on 2017 December, people bought Bitcoin around $20k and sold it below $10k. It is very advisable to understand the Bitcoin market before concluding on whether you have made a right or wrong decision in buying or selling your Bitcoin.
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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?
Being in the crypto space for 5 years now, a drop in the price of Bitcoin can not be pinpointed to any specific reasons due to the nature of the crypto market. The decentralized nature of the bitcoin market makes it difficult to understand what is causing the drop in the price of Bitcoin. I will advise you to first monitor and understand the pattern of the market before investing in Bitcoin. You can easily lose capital if you understand the nature of the market.
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BTC crossed $34K. $40K this week?
Considering the rate at which the market value of Bitcoin is increasing within the past days and hours, it is very likely that we might see bitcoin value attaining $40k within this week. For the past 24 hours, there has been a 10.42% increase in its market value. If this increased rate should continue, bitcoin might hit more than $40k within this week.
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Bitcoin (BTC) is hitting new highs almost every few hours!
It seems like 2021 is the year of Bitcoin. Bitcoin is living in the strongest periods. It's too early to declare 2021 as Bitcoin's year. Considering the nature of the cryptocurrency and bitcoin ecosystem, the market of Bitcoin can change within the next month either positive or negative. We can consider January as Bitcoin's month for 2021 rather than classifying the whole of 2021. What if in 2022 bitcoin reaches $100k? Bitcoin has started 2021 good but we can't conclude that 2021 is the year of Bitcoin. 2021 needs to end before we can make that final conclusion.
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I studied bitcoin so well, apart from the fact that bitcoin is a currency, it has all features to be called an employment opportunity. Just that your educational certificate is not directly needed,and this is indirectly required in the way you present your post, because if your post is not matured, coordinated and sensible enough you may be banned, or placed on negative trust,so in one way or the other your IQ is needed to keep you moving. Moreover, you are to register, meet up with a given task at stipulated time, your delivery is accessed and paid as token. What else makes it different from an employment?
Its always nice to see people voicing out their views on what they understand about Bitcoin. But sometimes, specific ideas help people to really understand what you are trying to send across. From what I got in this post, you are trying to tell us that Bitcoin has an employment opportunity. Please can you be specific with regards to the employment opportunity Bitcoin introduces to the entire world. Because you didn't really tell us this employment opportunity Bitcoin is all about.
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Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=229588Current amount of posts (including this one): 1602 SegWit (preferably bech32) BTC Address for Payouts: bc1q5q6fea4ck6376avymjpzle9ynrd25ywgldpyl9 EARNED merit in the last 120 days: 3 Will change signature once accepted. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Hi all, Here is the website that explains Bitcoin, Bitcoin blockchain, and Bitcoin economic model, in really simple terms - How Bitcoin WorksI hope it will be helpful for those who want to get BASIC understanding of Bitcoin and its unique characteristics and features. You can do better ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) . This is not the way to make people visit your website or blog post. I think you should find a better way to convince people to visit your platform to read your work. With this kinda way, no one will actually visit your platform. Better luck next time mate.. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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It is a simple yet not easy question to answer: why does bitcoin have value
I think this question is very easy to answer. Bitcoin has value because of Blockchain technology. Blockchain technology represents the true value of Bitcoin and currently in the crypto ecosystem, blochchain technology is the essential technology for almost all projects. Blockchain technology makes bitcoin valuable. If you kill Blockchain technology, Bitcoin will automatically value less. Once Blockchain technology is the baseline technology of the crypto ecosystem, Bitcoin will always be valuable.
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the project you promote 2years back can still come up and give you awesome reward, delays takes place sometimes that makes project team keep postponing listing on exchanges, imagine promoting a project in 2018 paid you big reward in 2020 after you've already zero your mind that it's over? I want bounty hunters in the house to verify this, true or false??
Anyways, do not underestimate projects you promote a year or two years ago, they can still pay up and secondly do not leave or exit their telegram channel no matter how many years it's been, if you do you might be denied of your rewards
Personally, i don't really agree with you to some point. All of crypto projects have project managers who are very greedy and are just interested in the money they will make out of the project rather than the progress of the project and some don't really pay bounty hunters. I know a particular project that haven't paid bounty hunters for about a year and half. They just used bounty hunters for free without paying them.
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I've heard people talking about other Cryptocurrency and even I've known alot about some of them, I've made careful research about some I'm even yet to know about, but I've not seen too may people talking about Pinkoin and I'm about to join that, please can you share with me your views, I need to have good understanding of it before I go on. Thanks so much 🙏
why will you worry yourself about investing in a particular crypto coin you have little knowledge or just because people are speculating about. In this crypto ecosystem, you having enough knowledge is one key principle to invest in a particular coin. Investing as a result of speculations made by people might put you in a high risk of losing your investment capital. I will advise that you spend some time to have sufficient knowledge before joining that particular coin.
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People need to understand that there is no way Ethereum will ever overpower Bitcoin. The reason for this is very simple. Bitcoin introduced blockchain technology and Ethereum came to existence due to the development of Blockchain technology and Bitcoin is the foundation of it. Bitcoin will always be valuable so far as blockchain exist.
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Many (if not all) smart contracts offering banking services to the unbanked (De-Fi) are usually hosted on centralized web servers. While it's possible to interact with smart contracts by running their code on the ETH blockchain network, this involves a steep learning curve to the end user. The average person would interact with De-Fi apps on centralized infrastructure, as convenience/ease of use is put on top of everything else. For "De-Fi" apps to be 100% decentralized they'd need to be hosted on a P2P network like IPFS or even ZeroNet. But I guess that people don't care about "De-Fi" apps' decentralization as long as they're able to make profits in the shortest amount of time possible. Do you think that "De-Fi" is not as decentralized as its proponents claim it to be? Does it need improvement? Your input will be greatly appreciated. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) You are right and very on point but do you think there is something like decentralization in this crypto ecosystem? Personally, I don't really see the entire crypto space as decentralized. In as much that the main idea of cryptocurrency is decentralization, Cryptocurrency and blockchain is not decentralized. We use centralized exchange platforms to trade cryptocurrencies and these platforms decide the amount of coins you can withdraw within 24 hours.
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First and foremost, making money in general is never an easy thing. You need to understand and know the principles of money making and the do's and don't's of money making. These principles cut across every aspect and avenue of money making. There is nothing like smooth sailing in the process of money making. Making money in the cryptocurrency ecosystem, understanding and knowing the market can help maximize your rate of making profit and minimize your rate of also losing money.
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I sent some funds from address A to address B .
The transaction is unconfirmed. Can I send from address B to address C some funds?
This might depend on the kinda Bitcoin wallet you are using. Most of the bitcoin wallets require that at least there should be one confirmation in order to use the sent funds. But with the third party Bitcoin wallets, once the transaction is broadcast on the blockchain network, you can use the funds when there is zero confirmation.
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