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Now we're all fearing a 5K resistance level. Thoughts?
Who's this "all"? Don't include me to that as I never think of that and that drop to $8,000 isn't really alarming at all. Although anything can happen, even going back to $1 at 0.00000001%, there are lots of price support levels that need to be break before concluding that we might see a $5,000 resistance level soon. Aside from that, if the price goes back to $5,000 level, then take that as an opportunity to acquire more to your precious stash. This thread is more appropriate here to discuss: https://bitcointalk.org/index.php?board=57.0P.S Is that your article? I can't read the whole article content as it needs to be a pro account to view it. I checked the pro account and it's a paid subscription. Gathering users there? Eh, no. Wtf it's a five dollar membership why would I be in here promoting that thing how much would I be making?? lol A $3000 drop from 8K to 5K is very much possible. We've seen worse things happen before. |
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Although the article said that the price of Bitcoin could decrease to $ 5k by the end of this year, But I am pessimistic that it will happen. I still confident that the price of Bitcoin can reach $15k at the end of this year. The Bearish trend is starting to end slowly but not completely gone, the little Bearish trend still exists today.
If we look at 2017, september was rough and christmas was heaven. Hopefully you're right! |
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I'm not going to subscribe just to read the article, that's crazy. I'm sure the Bakkt news could be a big part of the reason for the sell off, of course in this sector who really knows. I knew it will fall a bit though do to the slow decline, I guess it will be the "Bad News Bear" for a while until something big happens to drive the price in the opposite direction upward. I don't mind paying for good content - makes me smarter |
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Hey guys - new bounty that has me super excited. It just launched today. Thought I might share it with you guys. This one actually looks kinda cool cause they're giving out real crypto (BTC/ETH), books, merch and trading subscriptions. I was getting kinda tired of working for some useless altcoin. Anyways - here's the link in case you wanna check it out https://cryptotradernews.com/contest/ |
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So I'm subscribed to this pro program (which I recommend by the way) and they compare how it's much easier to understand forex (because there's typically an underlying cause-effect associated to currencies going up and down) whereas crypto might be more profitable but much harder to explain and therefore much risky... https://cryptotradernews.com/crypto-trader-pro/trading-crypto-vs-forex-which-is-better/Thoughts?  If I'm in it for the short-term value, should I just stop doing crypto and go hard on forex? |
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i hope that the regulation never arrives neither for bitcoins nor for altcoins already these kyc procedures disturb me a lot, the main features of the altcoins are anonymity and the absence of rules...
You're not expecting a crypto-only society then right? If we go 100% full on crypto and no fiat and there's no regulation on crytpo... who controls taxes? |
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I'm falling in love with these guys lately - they have some really cool ideas. Anyways, here's where I come from: https://cryptotradernews.com/cryptocurrency/how-crypto-should-be-regulated/Key highlights: Utilizing the underlying tech of virtually every cryptocurrency, we can police our own. With blockchain, smart contracts, and the very same miners currently working to provide the heart of Bitcoin, Ether, XRP, etc., etc., we can eliminate virtually every scam ICO as well as ensure that exchanges and wallets are adhering to industry requirements.
It really boils down to one of the most basic set of commands known to man — If, Then, Goto, and Else. Except now we have the power of smart contracts where we can ensure that the parameters are completely met along the way, and we can verify these requirements via the blockchain at any given time.This truly is how we can regulate Bitcoin and virtually any currency isn't it? I mean we already have the power it's just a matter of putting all the pieces in place. Thoughts? |
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There's a reason why EOS is in the top10 of coinmarketcap mate. Chill out, the author is right. There's too much noise around something that's not even that big of a deal.
Lol I guess you have a good point... |
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