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It's a very harsh proposal, even for India. Still this is just the proposal and it's not yet in power so final result could be different. You will not solve and prevent criminal by punishing everyone and bans were never successful and helpul. I count on common sense of authorities in India and some reasonable solution.
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I wouldn't say that this was actually dip but it was correction. They are part of Bitcoin volatility and it's normal for them to happen. Although the price ihas moved forward again that doesn't mean that another correction wouldn't happen. Anyway, I think that price will continue to fluctuate going back and forth so don't be surprised with another correction.
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In my country Bitcoin adoption is still very poor and many people are still not familiar with it. I could say that is still depending on not very big number of enthusiasts and very few businesses that accepted Bitcoin. I think that some better promotion is needed as well as education of people. Also, government and regulatory institutions didn't defined their attitude towards Bitcoin and cryptocurrencies in general so that is also a problem.
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It is good to know that they already numerous business owners around the world that accept bitcoin as a payment. An airliner company in my country is also reportedly accepting bitcoin as fare payment but I have yet to confirmed this. What I already know that there are bitcoin exchangesin my country thataccept payment for some selected bills like electricity water and electronic loads for mobile phones.
The list of businesses accepting Bitcoin is getting bigger every day but if you look in general it's still not enough. And there are usually online merchants that accept Bitcoin and very often the same type of goods and services they offer. In my country there are only few shops like bakery, few caffes, hair salon and similar but you still can't buy with Bitcoin everything you would wanted. |
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Fin tech banks don't exist, at least not yet. But the fact is that banks are changing their business and services due to new modern technologies and cryptocurrencies are part of it. I think that banks are not against Bitcoin or other cryptocurrencies but they measure everything through risk and profit since they are highly regulated industry and Bitcoin is still too big risk for them both in legal and financial way. But with time this will change and financial industry will embrace cryptocurrency, I'm sure of that.
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I think that the better question is if Bitcoin will be regulated and how. Even now Bitcoin is not illegal, at least not in majority of countries but there are only few countries who have regulated it within legal framework and defined it. I think this is something that will happen in.almost every country 10 years from now.
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Aurox, Coinigy, TradingView, and so on... I'm not knowledgeable on the current options.
What trading software are you using? Why?
Tradingview is the widely used trading application to check the indicators for bitrex, binance or any exchanges. We can see the separate android and IOS application for trading view in the playstore. Those will be helpful to do the smooth trading experience. There is quite a choice of different softwares and apps but personaly I don't think they are much of help. I don't rely on them and I don't think they can make you a successful trader. They might be helpful in certain sense for information feed but that is all but there are also other sources. Trading softwares will not make trading experience better. |
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No need to worry if you see the price of Bitcoin to start to drop again. This is very normal. Others call it market correction after a sudden price increase of Bitcoin price and this not the first time that this happens. If we look at how much did the price dropped its just 13%. Way back the price drops to up to 25% and yet we are still here.
That is all true but for some reason people like to panic. And they expect once the price is in the rise that it will stay there not thinking at all about volatility and possible corrections. At the moment we are experiencing actually very small correction and I don't expect some bigger fall but the growth neither. It seems that price will continue to fluctuate in the current range. |
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Considering how many Bitcoin believers (maximalists) there are, with their specific beliefs of how cryptocurrency should behave, it's becoming more evident that Bitcoin is a religion. After all, this popular movement of decentralized finance has impacted our lives one way or the other. The world has its eyes on the direction of Bitcoin as a digital currency which determines the path forward of Blockchain technology. According to Google, the term "Religion" means the belief in and worship of a superhuman controlling power, especially a personal God or gods. This becomes true especially when many Bitcoin followers believe that Satoshi is some sort of "god". Hence, if Satoshi would reveal himself to the public, many people will follow him. Nonetheless, what are your thoughts about this?  We might say that we do follow satoshi due to his innovative invention but we wont really come to a point on where we do already treat its as a religion. Its a different story comparing between religion and simply a community that do support Bitcoin.Theres no divine intervention on this matter so I don't see any relation at all. Religion is not about following someone or something but it's about belief, worship and similar. Bitcoin is technology not a religion and has not similarities whatsoever with it. According to that logic Satoshi supposed to be god or what? It's really funny to compare Bitcoin with religion and I don't know how anyone even comes to such idea. |
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I don't think Bitcoin will reach that price this month. Probably such prediction appeared when the price was close to 9000$ with tendency for further growth but at the moment we are in correction phase and I think that price will continue to fluctuate back and forth but no significant growth will happen.
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Let's continue discussing while bitcoin has not reach $10,000 yet.
It's possible and there is a big possibility, but correction occurs and therefore have to be accepted.
Today, we have witness a slight recovery, we should see bitcoin back to $8000 soon, and we needed that to start a run again going to $9000
which we just passed recently.
I think Bitcoin will not touch 1000$ so soon. Corrections will continue to appear and users have to be ready for that. At the moment it might seem that price is on the path to recovery again and it's heading towards 8000$ and more but there is no guarantee for that and I think we have to be ready for different scenarios. |
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From the very begininig people were eager to find out the true identity of Satoshi. Every now and then this interest gets more intensive and some people would like to use that situation and curiosity for their own benefit. So different people who claim to be he appear. But the best thing to do is just to ignore that and don't bother at all. Real Satoshi will continue to hide the true identity and that is his full right to do.
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We have to expect more from Bitcoin and we have to know these are not the final limits. Still everything has its time and for the moment we are in correction phase. So.patience is needed and the price will grow again, we might also see some more significant rise but not in this very moment. 10000$ level or even more could be reached at the end of this year or begininig the next.
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I just hope that it does not go down to $5k because the sentiment of people will switch again from bull to bear. I believe that a lot of people who have btc will not sell on the $6k or $5k mark but if it goes below than that then many of them will become panic dumpers.
I don't think that price will fall all the way to 5000$ but current correction will continue for a while. Maybe this is good thing because it's easy to see how Bitcoin users fall to exaggerated optimism every time when the price begins to rise and completely forget that price isn't always moving forward. On the other hand continuous fall could easily be the trigger for panic selling. Anyway, now it's time for buying and waiting for next growth. |
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I think this is just one of examples how blockchain could be implemented in almost any kind of industry. From health, pharmaceuticals, agriculture, food or anything else. But people are still not educated enough about wide range of blockchain possibilities and how to benefit the most out of it and how to implement it in business. But I think in few years time this will change.
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This days I noticed some sell off, if it continue most likely we will see 7500. I sold some bitcoins and I will see some more today, I will trust myself about this deep now, good time for shorting. I wills start buying at 7500 again, it`s how I see this week. Going down 10%, more or less, stopping there and making new rise to 8000 or more.
Looks like we are still far away from 10000, but lets try to earn something from this fluctuations. Good luck to all, if you don`t know what to do, follow my steps.
It's not a bad strategy and it could work. The important thing is to always have prepared your own strategy and some back up plan. Corrections are always possible and this one wasn't unexpected. Although it looked very close in one moment 10000$ price seems rather distant now and I.don't expect to.touch that value soon so chances for smaller profits should be used meanwhile. |
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Whales are always out of control that is why we shouldn't expect things from them,
They could pump the price and dump it but they are also being cautious to what they do ,
They could easily affect the market and they could also lose a lot because of it.
It's interesting to see how whales are always blamed for every change in the market, especialy for negative one. Actually there is no solid proof for that and it's just one of presumptions because users can't find any other reasonable explanation. Personally I think they've been given too much power and influence than they actually have in reality. Not everything related to Bitcoin price depends on whales. |
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I believe that Bitcoin would not only break the $10k but also create new height in a few weeks time. As a lot of new investors have been entering the market in the hope of making good profits, so the price would continue to increase in future.
Btc will cross 10k easily in coming time and it could even climb till 15k and might possible that by year end it could break 2017 record and reach new high. The demand will push the price high and future potential of this coin looks great for the rise as well. Yeah, this might happen and probably it will but not soo soon. Currently we are facing another correction and price seems to follow recent back and forth trends. To.my opinion similar trend will continue and price will not touch 10000$ in the next months. Maybe closer to the end of the year. And such high price like in 2017 we will not see so soon again. |
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Even in periods when price seems not to move anywhere Bitcoin is not a stable coin. Some fluctuations and volatility is always present, no matter how small it seems. Price is always under some influence and changes according to conditions in the market, supply and demand so I don't think that Bitcoin will ever become stable, it's not in its nature.
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It's useless to hate banks, we still can't fully rely on.cryptocurrencies (and probably we never will) so their services are still needed. The fact is that their business is limited with very strong regulations that often don't suit us but that can't be changes. Still you can choose the scope of services and products they offer that suits you the most and other you can try to compesate with cryptocurrencies. So, combine the best of both.
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