$2,300 for just a 67 page research paper made by some Ivy League professors on what they "learn" about cryptocurrency trading, I'll really flip out in this if I see that their research would be available freely online. The sad part about this course is it is just an online course, so one-on-one lectures won't be a thing. They also have said that this course might "help in forecasting", technical analysis in general can help in forecasting I wonder what will be the difference in their study that might increase our chances more.
Because lately everyone calls everything ''research'' and ''new study''. They also come up with new ways of trading that are always the same thing, we already know the ''best ways'' to trade, technical analysis has been around for quite long, mostly because making money trading is about human emotion not numbers or calculations. Everyone knows that, even hundreds of years ago people took advantage of it. |
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I don't know. However it doesn't look very likely now, bitcoin lost pretty much all strength. I do think that eventually we will bounce hard just based on technical aspects, without the need of positive news. This downtrend is obviously losing fuel, the weekly lower lows, aren't that pronounced so the downtrend triangle will eventually break upwards.
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Although 1 trillion would be definitely possible, people forget that bitcoin might be replaced. Right now it doesn't look very likely but in the near future with all the adoption, bitcoin wont be the gate to other cryptos anymore. We will have fiat pairs for all the good cryptos and bitcoin will not control the market anymore.
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EFT is denied the market down. This is a prediction from EFT before it is difficult to get approval from the SEC. Same as 2017. After being rejected and prices going down. Bitcoin has had an amazing growth of 19k usd. Hope after this downturn. Bitcoin will repeat that process again. To make investors feel secure with bitcoin and crypto
ETF's aren't ''denied''. More ETFs are to be reviewed by the SEC, people who actually research already knew that ETF's wouldn't happen this soon. The ETF Fud was what pushed the market in the first place so even though we are at 7k, it actually helped with the small bounce. |
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The trading area around $7000 - 8000 is better than it was 2 months ago, and i'm sure in 2 months time we will have a higher trading ground than now. The psychological mark of 10k is just around the corner, i'm sure we will see it soon.
Yes, even though it's a downtrend, when it started at 20k, the movements were huge (20k-6k) then (6k-12k) then (12k - 6k) then (6k to 10k) and now up to 8200 so the range gets lower and lower from 14k to only 2500$ range, clearly the downtrend has to end soon unless significant news push the market down further. |
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Believe it or not the price decrease of Bitcoin is more technical in nature rather than anything related in the news as of lately. In the past week or so we saw how Bitcoin had rallied back up above the 8,000$ level, at first we thought that it is all good but what a lot of cautious traders see is a price rally without any volume backing it up which means that the price increase is not healthy and BTC going back below 8,000$ is an inevitable thing to happen.
Right now BTC is at 7,428$ its next support level is around at 7,250$ if it breaks BTC might go down to 6,700$ which is the next known support level, now if Bitcoin is going up or down it is not yet clear as RSI is clearly on the oversold zone pointed upwards which might indicate another price rally taking place soon, BTC is yet again showing some mix signals which gives us yet again two outcomes possible to happen.
I wish people would understand this. Not every movement bitcoin does is because of news. Like, even if we had good news and ETF's were approved, bitcoin wouldn't just skyrocket non-stop. There has to be a point where it consolidates even if it ends up going higher, RSI lvl's were obviously insane, even though they can stay overextended for a while. |
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I'm saying right now we're at like where the market was mid-2015. The bottom has been hit several times for a good amount of time and the bears just can't bring it any lower, and now sentiment is shifting and people are starting to get excited again. It certainly could head back down for one more turn at the 6000s in the early Fall but we might also find ourselves at $10k by early Fall.
We could be in mid 2015 or at not even beginning. If it will go to $6k again will go lower and that will be bottom. If that will happen it will happen really soon. not nessasarily! people were saying the exact say thing about the previous 2 drops too. basically they were saying that if we go back to $6k again then it will drop more and go to something like $3k and each time price went to $6k and started a strong rebound. and this time this trend looks more like a strong reversal than just a small recovery.Not really, this bounce was mostly fud driven, etf's and all that. February 6th bounce looked much stronger with 3x volume and we only bounced up to 12k before going down again and eventually reaching lower lows. I agree that short term the bounce looks fairly strong but I'm not sure we are even going to reach 10k this time. That I don't know, making those kind of predictions is just stupid. No way to know right now if we are going up and down to hit the bottom. So far Bitcoin looks strong. We might touch 10k but it's going to be a tough challenge. Obviously if we manage to break 10k and see some follow through that would be huge. Pretty much setting the rest of the year for bitcoin to be bullish. However not being able to break 10k again would also mean a very likely big crash to follow. I agree. And I think this bounce will soon end and then we will go to finish this Bitcoins cycle bear trend and find the bottom of it. After that 2015 sideways will come that I will enjoy way more this time as I did in 2015, because I will be sure this time that after that finish the Bull trend will start. |
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No need to analyze the price in every minute or hour. Wait for some time to go on then you should think unless it’s just lead you to unnecessary thought. I hope the price will rise above 10k in the end of the year.
Analyzing the price every day or every minute is necessary if you are a daily trader in order to earn more profit so checking of prices is necessary depending on how you are earning your coins. It sure is but this section is flooded with the same threads, every single day. Obviously Bitcoin is going to go up and down, it's Bitcoin! How can you not know that already. A 5% movement is nothing when it comes to cryptocurrencies, you have to look for 10% or more movements. Clearly Bitcoin is strong right now, at least short term, we might touch 10k again but you also have to remember that most of this recent bull strength was due to FUD, ETF's which might no happen for a few months. |
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Hey everyone, have a quick question: how much bitcoin do I need to start a bitcoin casino? Gonna buy a turnkey bitcoin casino soon which will be about a grand, but about how much bitcoin do I need to reliably be able to pay off winners, at least in the beginning? I know the number varies, but ballpark.
Probably wrong section of the forum but you don't need any specific amount of money to be able to pay off winners. What matters is the highest prize/win you are allowing. For instance, if you have dice and you have 10 Bitcoins, you could allow the highest win/bet to be 0.05 bitcoins and be pretty safe. Someone would have to bet the maximum amount and win 200 times in a row to wipe out your 10 bitcoins which is virtually impossible. |
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You simply can't get rid of those emotions. That's the honest truth. Emotions are part of who we are abd you simply can't do a keep it away. The only thing you can do is to manage the disappointment you would feel. Naturally, you're bound to have feelings. However, to minimise the feelings, you should do well not to become too attached or sentimental about a particular Cryptocurrency.
You can and the best way to do it is by developing a winning strategy that works for you. Once you have a strategy, the only thing you have to do is follow it, always, every single trade you make has to be made using your strategy, after a while this will basically allow you to get rid of emotions. Eventually when you make more money than you lose, following your strategy is going to be much easier. |
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I'm saying right now we're at like where the market was mid-2015. The bottom has been hit several times for a good amount of time and the bears just can't bring it any lower, and now sentiment is shifting and people are starting to get excited again. It certainly could head back down for one more turn at the 6000s in the early Fall but we might also find ourselves at $10k by early Fall.
We could be in mid 2015 or at not even beginning. If it will go to $6k again will go lower and that will be bottom. If that will happen it will happen really soon. not nessasarily! people were saying the exact say thing about the previous 2 drops too. basically they were saying that if we go back to $6k again then it will drop more and go to something like $3k and each time price went to $6k and started a strong rebound. and this time this trend looks more like a strong reversal than just a small recovery.Not really, this bounce was mostly fud driven, etf's and all that. February 6th bounce looked much stronger with 3x volume and we only bounced up to 12k before going down again and eventually reaching lower lows. I agree that short term the bounce looks fairly strong but I'm not sure we are even going to reach 10k this time. |
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https://www.investopedia.com/terms/e/etf.aspWhat people are talking about lately is the SEC (U.S. Securities and Exchange Commission) which is delaying their decision to approve bitcoin ETF's. They could delay it until February of 2019. It's also why the recent bull move happened, Bitcoin ETF's would be pretty huge for the whole crypto market.
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I'd say a few weeks. I am comparing to the last large up tick of the 2013/14 rally. History does like to repeat it's self. IMO 3 year bear market incoming.
3 years is pushing it a bit, but I tend to agree. I'm still open to a situation like summer 2013, but conventional trading wisdom says "don't plan on it." More importantly, I'm seeing extremely bullish sentiment: Twitter, Tradingview, this forum, all these hedge fund managers and commentators predicting new ATH or 6-figure prices. And always "by the end of the year" too! When everyone's long, the market usually drops.  I've taken half off my long, and rolling up stops. We should be hitting a supply zone: I think this is a mid-term bull trap. We've got a solid base, and the repeated attempts to break range to the downside were summarily denied. Now we've run stops above the $6,800 level, giving us a nice squeeze today. $7,500 is another logical stopping point due to the the breakdown in June.
I believe we should trend upwards for a while. There should, however, be major resistance near the $8,400 long term mode. I plan to sell into that area and reassess.
3 years is certainly pushing it haha, heck in 3 years we'll probably be at the start of the next bear market after the next boom. To be clear I'm not saying we're gonna have another exponential boom now, I'm saying right now we're at like where the market was mid-2015. The bottom has been hit several times for a good amount of time and the bears just can't bring it any lower, and now sentiment is shifting and people are starting to get excited again. It certainly could head back down for one more turn at the 6000s in the early Fall but we might also find ourselves at $10k by early Fall. The last bear/bull market was extremely slow following the collapse of Mt.Gox and how long it took to get people back into the market after that. Heck I was one of them, sold all my 2013/2014 bitcoin in 2015 when I thought this whole Bitcoin thing was at the end of its productive run. Then last April I realized how stupid I was haha. The market and the whole crypto ecosystem has advanced so far beyond the last bear market when people just left thinking the whole thing was over. Bitcoin is still constantly in the news now, people who pay attention can easily be reminded of it and will start getting interested in it again when it starts growing again, which looks to possibly be starting now. We've had 6+ months of down and in total it might be 18 months from the last ATH until it is broken. That's a pretty full on legit bear market, and I think a year of growth in the beginnings of a new bear market before we see $20k and things start heating up say late next year makes pretty good sense. Anyway, even if we do get a downward draft again in the coming months, it's clear $6000 is the bottom and the start of the next bull run is getting closer and closer and will certainly have started by the end of this year, if it hasn't started already. 2019 is undeniably going to be a bull year and if it is a slow bull year then 2020 will probably see exponential growth like 2017, 2013, 2011. Well to be honest, I don't really understand why people think there are only 2 options, crash or another bull run to ATH. We could just trade between 6k and 20k for a long time. There is no reason to think that we will break the ATH or the low right now, the range is really big. Also predictions longer than a few days are pretty much meaningless and made up, there aren't good enough indicators to show or predict what's going to happen in a month let alone years. |
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I'd say a few weeks. I am comparing to the last large up tick of the 2013/14 rally. History does like to repeat it's self. IMO 3 year bear market incoming.
There is no reason to think that ''history will repeat itself'' and we will stay 3 years (random number) in a bear market. You have to consider that bitcoin is extremely new and not new like when a stock starts trading but new new. Bitcoin 3 years ago is totally different than now, history repeating itself doesn't apply here, at all. The volume/money/investors/regulations/exchanges are radically different than 3-4 years ago. I wouldn't call this a bull run, a bull run occurs when investors believe the positive trend will continue for the long term. I doubt investors believe the trend will continue for the long term considering we have been (and still are) in a bear market. |
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In the records of the past two years it shows similar activity by 2016-2017 so we are eurrently suggesting people to invest now before it's too late. If you're gonna trade then why put it all on btc since your risking it why not risk big after all bitcoin has a potential and has a solid standing throughout the web.
Not really. Considering how much the crypto space has changed, looking at the past is not necessarily a good idea. This whole market is too new and still growing, everything is still quite unpredictable. So far the bulls have shown some strength short term, it doesn't mean the bottom is 100% set but it looks more likely now than before. We had 5 bitcoin cycles so far. I dont believe that now from a sudden that will end. I am positive we will have at last two more Bitcoin cycles. How strong and how long will be we can learn from past. But again we can only guess and cant be sure. We can just predict some events with higher possibility then others. What cycles? Going up and down is not exclusive to bitcoin, all the markets have up and down cycles. As I said, looking at the past isn't always great in the crypto market, a few months can be useful though. Right now bitcoin looks weaker again but I think it's going to set a higher low daily and then perhaps a lower high and a break from there, as I said the bottom might be lower than 5750$ The Bitcoin cycles. Reaching ATH and then Bottom and again ATH and bottom. Is quite simple, those were 2 cycles. I would get to bored now to go search for dates of this cycles. But there were 4. Or even more if you count the ones before 2011. Now we are in 5th.... That's a normal cycle for new assets that started trading recently. It's not exclusive to bitcoin, just because it happened 5 times or even 20 it doesn't mean it's going to happen again, in fact in this case, the more it happened the less chances to happen again because logically there is going to be a overall ATH set which will not be broken ever. |
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In the records of the past two years it shows similar activity by 2016-2017 so we are eurrently suggesting people to invest now before it's too late. If you're gonna trade then why put it all on btc since your risking it why not risk big after all bitcoin has a potential and has a solid standing throughout the web.
Not really. Considering how much the crypto space has changed, looking at the past is not necessarily a good idea. This whole market is too new and still growing, everything is still quite unpredictable. So far the bulls have shown some strength short term, it doesn't mean the bottom is 100% set but it looks more likely now than before. We had 5 bitcoin cycles so far. I dont believe that now from a sudden that will end. I am positive we will have at last two more Bitcoin cycles. How strong and how long will be we can learn from past. But again we can only guess and cant be sure. We can just predict some events with higher possibility then others. What cycles? Going up and down is not exclusive to bitcoin, all the markets have up and down cycles. As I said, looking at the past isn't always great in the crypto market, a few months can be useful though. Right now bitcoin looks weaker again but I think it's going to set a higher low daily and then perhaps a lower high and a break from there, as I said the bottom might be lower than 5750$ |
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1- low volume - high spread (up to 1000%) - inpossible to trade
2- high transaction cost and time- all transactions has to go through blockchain - it consumes time for confirmation and money (10 cents to few dolars for each transaction) - inpossible to trade
3- needs knowledge to use - wrongly set GWEI and your transaction can stuck for weeks waiting for confirmation.
4- weak interface
This examples explains why all crypto users trade on centralized exchanges and use decentralized only for coins not listed on centralized or listed on shady, untrasted exchanges.
Actually IDEX works pretty well, interface is great and it's quite easy to use. Of course it's going to take more time than a normal exchange, trading is definitely not an option but for a community that keeps yelling ''DECENTRALIZE EVERYTHING'' it doesn't seem to me like they want things decentralized at all. |
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The rules.  Read the stickies and the guidelines, and all will become clear. Three of the golden rules are - Don't plagiarise. If you can't create original content, then you need to read more. Don't post worthless rubbish Don't start threads on topics that already infest the boards. There are loads more, but in reality they are just common sense rules. There is nothing Draconian in them. I mean, who goes to a forum, registers and the first thing he does is ask how not to get banned? Why would you even think about that? I have never used any forum on anywhere and feared getting banned, at least not on my first post. Clearly this guy is not new here, probably got his account banned already and it's now back to spamming worthless shit. |
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In the records of the past two years it shows similar activity by 2016-2017 so we are eurrently suggesting people to invest now before it's too late. If you're gonna trade then why put it all on btc since your risking it why not risk big after all bitcoin has a potential and has a solid standing throughout the web.
Not really. Considering how much the crypto space has changed, looking at the past is not necessarily a good idea. This whole market is too new and still growing, everything is still quite unpredictable. So far the bulls have shown some strength short term, it doesn't mean the bottom is 100% set but it looks more likely now than before. |
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Do you really think that bitcoin will really reach 9k this year or more ?
I really believe bitcoin is going to recover and move as it did last year. Bitcoin has a pattern that it has been following and those pattern still exist. In 2012 from the historical data bitcoin was facing this same condition and I think 2018 is not going to be different. $9,000 is still a bearish market because I expect it to go as high as $25,000 by November and December. That ''pattern'' you are talking about took 3 years to reverse. If you truly believe it will repeat, we would have to wait 2 more years for it. ''I expect it to go as high as $25,000 by November and December. '' Based on what? Nothing? Your gut? Give me a break with these retarded predictions, it's impossible know the price, even tomorrow. You can make educated predictions, yours isn't educated. |
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