I've started to see the hype forming myself. I have a few friends that are starting to buy bitcoin while the price is still cheap, they are confident it will be back over 20k within a short time.
Don't ever to expect Bitcoin price will turn back into $20K again as it hype last year. We already saw green color on the market and prices seems to quietly moving up but isn't enough to say that it is on hype. Usually people treat market as turning bull when the price rallies by 20% and the other way round a 20% loss in a short time means the bear market is coming. For the price to be considered bullish we'd have to go to 8500 dollars. Anything below will not be a clear indicator and can be a continuation of the previous bear pattern. You just nailed it mate, as you have mentioned the users especially those who have less knowledge about crypto predicts a bullrun for little pump in the value of bitcoin and the same group of users create panic with posts like end of crypto bear market and all when the value drops for 3 continuos days. We need a strong signal and a consistent growth in the value of bitcoin in order to confirm the bull market. And we haven't gotten both. So far there's been a couple of decent uptrends in the past but a few hundred doesn't guarantee there's a continuity. And thus time, i think it's not going to be the same as last year. If ever, not that many would jump on hypes this time. People will be a little more cautious will many selling with just a little pump. |
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I think you are currently lucky because you can buy bitcoin at a very cheap price so you should be able to grow bitcoin that you have more and take advantage of all the cryptocurrency price movements to find a lot of profits.
Luck has nothing to do with it, buying bitcoin and holding it despite the terrible circumstances surrounding the price is not something that happens at random, it is something that happens because people are completely convinced about what they are doing and only a small fraction of the people holding bitcoin can do that and those are the ones that are going to get great profits. Right. Well in a a way it probably does, for some people who just went in and gambled last 2017 and got out before the correction. Though that would likely be a very little percentage. But knowing what you're doing and what you're getting into is how you really survive in this market. Luck, more often than not, won't be there when you need it. |
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I also strongly believe that bitcoin will soon become a very legitimate storage, and bitcoin is very suitable for investment.
bitcoin is undoubtedly for people who want to start investing, legality is wrong sooner or later the country will receive bitcoin when it will answer. in mass now bitcoin has become an option. Any smart person would even know the future is already here and mass adoption is gradually beginning to show its foot prints with some possible knock on the door sooner or later. Anyone who is still thinking of whether to invest now should just understand one thing that a lot is changing with development, a whole lot of people are beginning to get a glimpse of what this is all about and wanting to be a part of it, real life usage will start becoming something we get to start seeing and before you even know it, we will get to start seeing the price skyrocket once again, but usually, only those who can see into the future are those who always tend to take advantage of now. Right. The thing is, if you look at it from the present situation, it doesn't seem to be that good considering how far we've fallen but that doesn't indicate how it's use will be relevant in the future. Of course there'll always be those who'll try to discredit what bitcoin can become but they'll end up eating their words pretty soon. |
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We all know at the moment bitcoin is not a legal currency in the world and it has many political barriers but still it continues to grow for years among general public and the business world so my concern is how far it can go or how far governments and other significant organizations will allow bitcoin to continue its journey without being accepted as a legit currency?
You can State what do you think because your bitcoin investment depends on that
Bitcoin was meant to be decentralized and as long as it stays decentralized it will survive. It will go a long way because the internet will never stop and hence the bitcoin network will keep functioning. As for the adoption of BTC, it depends on governments whether they accept it or not. Even if they don't, people like me and you will continue to use it. So, as long as there are people like us in the crypto community bitcoin will survive. Well it think it won't be as easy as that. You and me are probably living in a country that has a lenient or supportive stand about bitcoin but we can imagine how people from countries that ban bitcoin will do. Bitcoin will need support and acceptance from governments so it can grow. A couple of regulations to make it safer for users won't hurt. |
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The recent happenings of hack are becoming rampant that exchanges are no longer safe. If the exchanges can get hacked this means you and me stand no chance at all so in view of this if you can do get cold wallet/ Web wallet to keep ur funds safe, never leave ur long term bags on any exchange.
Do not visit random links and also stay away from airdrops requiring your private keys or Passphrase.
Do not store your private key or passphrase online.
It's called a private key or passphrase because only you should have it and not even the developers of the app has access to it and that is why if you lose your keys you have equally lost your walllet.
Stay positive and waiting for the bull run.
Stay safe everyone!
Well this should be basic for any crypto investor. Just expect anything that can be hacked will be hacked. That way you always have to prepare for the worse. Quite the hassle if you think about it but if we're talking about your money, then it's always better to be safe than sorry. |
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Unfortunately, the number of people who have information about blockchain and cryptocurrency in general is small compared to the population of the world. As people get to know this technology, this market investment will increase. This is a situation where the crypto market is going to grow bigger in the future.
many people don't know about blockchain and crypto because there are a lot of government regulations are banning crypto, if many countries give permission to crypto, I'm sure more and more people will know it deeply Well happily for crypto, this is the age of social media where information easily spreads like wildfire. Though it works both ways since misinformation about it can also spread as fast. |
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Current electronic funds are mainly used as asset for investment, not yet used as much as a means of payment! The volatility of the currency is unlikely to happen in the near future.
Well crypto already has such application even now though. Even with volatility, demand for crypto is still quite high so probably in the future it can change the way people use credits. |
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This has become a rhetorical question, honestly.
Bitcoin has its value due to the demand present for it. The tech it offers alongside with the institutions surrounding it is what gave its value. Every person involved in bitcoin has their own valuation of 1BTC, and can go on to pay for so much, and sell for a definite amount of their liking. Same as fiat, the government tells us that those paper and metals have some corresponding value due to them providing something for their citizens in return while normally, a paper doesn't really amount to anything and a metal is, well, a metal. We individuals unconsciously agree to this concept thus creating some value for a rather valueless piece of object/digital data.
Right. Rumors spread and people tend to speculate. And the people who believe it has value are the ones who actually give it value so in a way yeah, individuals do influence btc in a big way. |
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Someone close lost his bitcoin to some scammers who posed as an ICO project admin.
We have the wallet address but there's no way on planet earth to trace the fraudster offline.
Don't you think its high time , this is looked into.
There needs to be a way of linking account owners to their offline address .
This would mitigate in no small measure the prevalence of frauds.
That is very unlikely. But it is best to cooperate with reputable managers and that will help us to avoid fraud. Although salary is less than other projects, we need safety. Linking anonymous wallet addresses to people's actual names defeats it's nature of being anonymous. Anyways, wallets are pretty secure and people lose money most of the time because of their own carelessness, like in this case. Just take it as a lesson so it won't happen again. |
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Every time is a good time to secure a place in crypto-space, though there are times not suitable for buy. In my own perspective, Q4 might not be the right world but the market in general beckon on everyone to make hast to invest. Making this move at this point in time will definitely yield more profits when the bull run start.
Well if you ask me, the best time for this year has passed but it's still a decent time right now if you're looking for long term profits. It becoming quite difficult nowadays to tradr short term. |
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As of now, more and more users are getting the hang of sitting by their computers all day and they get paid millions through the help of bitcoins. What they earn is more than what they had in real life which makes life convenient and easier.
On the other hand, bitcoins are really helpful and accessible to everybody or to a group of individuals and they just click and their wallets get full. But what if, sometime in the future, bitcoins become more private and unaccessible? Will that cause a problem? What could've happened to us who were engaged in it first rather than the newbies to come?
I also agree with your view that Bitcoin trading will be more and will be slower. For that reason more and more Altcoins are born and will compete with Bitcoin like ETH for example. Wow how many are earning millions though aside from whales who already have a lot to begin with? The future that i'm seeing is that there will be a significant connection of bitcoin and governments through certain regulations, thus making it more accesssible to majority of the public. Alts will also gain more attention and acceptance so in general, the market itself will be more mainstream. |
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We are in a market of predictions and everything is done based on speculations and without predictions the market will be stagnant. However, I have decided to keep calm, hold my cryptocurrencies and not follow any predictions until I am satisfied that the market is stable.
Stagnant? How? Predictions don't affect the market movements unless people heed them and with different predictions here and there, i'd say it's not going to have a significant effect as to make the market stagnant. |
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Lebron and Rondo seems to be complimenting each other nicely and Javale Mcgee seems to be playing his heart out on preseason which is not a good look, if you are a good player you do not work hard on preseason, take a look at Lebron.
Rondo and Lebron both good passers so I thought it would be hard for them to actually pass together at the same time since there is only one ball but there has been a lot of Lebron to rondo to someone scoring or rondo to Lebron to someone scoring type of deals that I think they are opening a lot of spacing with great passing. Lakers just needs to find a way to use their two rosters, they are too stacked.
These would benefit the rookies and sophomores in LA having two good passers in the league. The only thing they have to do is to get the basket through the passes of LeBron or rondo. Really? How did that work for the rookies of cleveland when bron was the big dog there? Anyways,probably by the end of the season we're going to see one young guns of the lakers going to another team lol. Ingram? Kuzma? I seriously think it's not going to be the same team by the end of regular season. |
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Well i don't think there's really any serious chance with winning a lottery so probably 10 to 50k sats would be enough to waste on it. I'm not the type who would spend a lot of money for something that has a smaller chance than me getting hit by lightning twice.
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I do not quite agree with this. 60$ is the too low price for Ethereum. I think that the project is still ahead and there will be a good price increase.
It could very well have bottomed out around 180 already and i would find it more likely for eth to get back to 1k rather than go down 60 dollars. There are more reasons to go up than down now. |
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How could war affect crypto?
everyone can buy weapon easier, fast, and safe. because transaction in crypto isnt transparent so, they will use its advantages to buy weapon Lol. Curious to see it that way dude. The way i see it, it could wipe out our means of accessing crypto, especially major wars that would be global. War isn't progressive, simple as that. |
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Unfortunately, both trading and bounty now do not bring good profits. I prefer to participate in bounty campaigns today because there is less risk in bounty.
true, because the market condition is so bad at the time both trading or bounty are really not good and give you almost nothing, coin price is so low but if i had to choose between trading or bounty i would choose bounty, you will not lose anything in bounty You won't lose but you're likely not to gain as well and just waste your time for something that isn't worth it. It isn't like a couple of years ago when bounties do make legitimate earnings most of the time. |
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You can't always depend on patience in trades. People who had shown patience in Dec-jan are screwed badly today. You need to take active steps according to the market condition. Hodl in every market situation is not right. Patience is good in bear market. But try to trade according to trends.
This is a good idea, patience is good, but it is not good in all situations. Following the trend from time to time to come up with different plans, do not be patient in a bad time. Patience depends on the time, wisdom in trade will make you never lose. Lol. Good point about that dec to jan holding lol. Unless you're going for 2020, which would likely make you being patient worth it. Though i doubt many can hold out that long lol. |
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I wanted to participate in the Iagon pre-sale. I joined what I thought was the official Iagon telegram. Turned out it wasn't. I followed the instructions on the pinned message, which directed me to send ETH to a specified wallet address. Turned out it was all a scam, and I lost 5 ETH.
Really sucks. The lesson is be careful out there.
Even scammers today has the talent to create constructive contents and designs, we can hardly tell what activity today is real. We should be aware of our surroundings. Inspect even the letters 'i' and 'L' scammers often uses phishing sites and replace 'L' to capital 'i'. Well always think it out several times if you're going to participate in any pre sale. Google is the answer. It won't hurt if you if you get over careful since it's your hard earned money that's at stake |
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I always work in overnight in crypto but I dont get plenty of money in working.
Even trading I cannot say If still Ok to earn Because the price of coins is unstable for now.
Earning money through cryptocurrency trading this days is not guarantee but if you apply the uses of not trading you'll gain some tiny profit daily and aside of that the best way to get rich overnight now is by buying or investing in this current dip market before next year. true, for now market condition are so unstable and won't give you anything, the best way to get profit is buying a coin while the price is still low and wait until it rises next years.i believe bullrun is coming closely The price of all the coins could've went to $0 in a single month. Since the coins are really strong, there should be a bull run. Well i think the days when coins pump more than 100x overnight is already over. There may be some every now and then with tokens and lesser alts but btc and stable alts won't get you riches in that time |
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