guys...alts are bleeding ? great discounts going on, which are tempting ...but since btc gold on oct 25th and later nov first week btc hardfork coming...so ppl move their stash from alts to btc to get free money as result of fork.... so is it right time to jump in or wait few more weeks and buy right before fork? share your thoughts
Bitcoin is enjoying this great cash flow and after November the fund are going to flow back to altcoins market. I have followed the August first event and this is exactly what happened as after the hard fork fund from back to altcoins market and history is going to repeat again. We may be thinking that bitcoin domenant is too high and some of the alternative coins may not be able to recover but by next week we may see them be pump.
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Chinese regulations authority reduced the effect of China traders on daily trading volume. China traders has been actually control the market and since their regulating authority started to attack bitcoin in other to create panic most of they cryptocoin's investors has diversified there investment to other assets.
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Probably 1K
I doubt bitcoin gold is going as high as $1000. The August splitting seen to make great impact to me and as the news and forecasts about it was every were and the was a lot of fear that bitcoin cash is going to be the future of bitcoin. My speculation about bitcoin gold is that it might go as high as $400 and get dump the following days. From reddit many people and traders are against bitcoin gold as they see it as governments take over of bitcoin.
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Bitcoin may never fell back to it original value again and of a truth we may never get back to were we are this time last year again. China banning of exchangers activities can not bring bitcoin down and bankers are afraid of blockchain technology because they know it is going to take their Job from them. Bitcoin has performed very well since the FUD created by the Chinese government that bitcoin will be banned in China.
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I have been following the trading volume from most of the popular trading platforms and I have see that before end of this week bitcoin may be trading above $5000 and before end of the month it might be above $6000 because I do believe event is going to repeat itself again as the same thing that happened last August will happen in this Sigwit2x too.
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I don't know bout you guys but my portfolio of alt coins took a major hit in the last 24 hours. I have over 50 types of coins and they have all dumped except for 2-3. XRP surprised me as it rose 15% today. I had heard some speculate that people will dump alt coins and focus on buying BTC so they can get in on the free BTC Gold once it forks. I was tempted to do the same honestly. Decided to HODL and am considering adding to my bags of alts why they are so cheap . I also bought a few more BTC today despite prices being so high. May buy a few more tomorrow.
Thoughts on the matter ?
I think the hard fork is going to favour bitcoin core as many people are buying it now. We may think bitcoin splitting will affect the price in the long run but I doubt as the buying momentum now is an indication that price is going to go up after the fork just as it happened in August this year. I believe in a long run fund is going to flow back to altcoins market therefore now is the best time to buy them.
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Now that the price is back at $4850 I think you can sell in other to reduce your fear. Successful traders are not afraid of losing when the price is going against their position. They know that the price is going to get back up. Trading has never been profitable as what we are experiencing in cryptocoin market and if you are not a panic one you can buy a coins or bitcoin today and become a millionaire in 5 to 6 years to come.
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People buy like fools . segwit2 near and bitcoin can crash to 800 usd at any time
Strange people
I feel bitcoin will fall strongly this time
I think we have this type of speculation all over the Internet and nor of them has ever come to pass. Bitcoin fell to $800 because of Sigwit2x is not worthwhile and I don't think we would go beyond $3000 before the end of this year. If "you feel bitcoin will fall strongly this time" please can you tell us your reasons outside Sigwit2x and to me Sigwit2x is going to get us to the moon soonest.
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Many traders are speculating that what happened in August will repeat again and therefore they are taking position not to go in late. Like the article has said many traders especially the panic will covert they coins to bitcoin in other to transfer it to fiat so that nothing serious will happen to they investments. I will ever advise people to hold in other to take profits maybe next year.
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I have been following bitcoin and blockchain technology since inception and one thing that I can really tell you is that bitcoin is the future of money, take it seriously and you will not regret in future. Many people are building industry for blockchain technology this days and this is a sign that the technology will become great in future. I have spoken to several trading expert and nor has said any major negative things about this technology.
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If the pump continue to grow bitcoin may really reach $5000 this week, it seems that the pump started to hit again and it’s a good sign that bitcoin is getting stronger and more stable but it can also a sign that it may suddenly crashed again, I did not sell my bitcoin yet and I am hoping and waiting till it reach $5000.
I think before we have another significant clash again we may get to $5000 as many bots has placed taking profits at this point including my own. Get to $5000 is already in sight and we most achieved this before Sigwit2x activation. Many comments on reddit show a positive outlook and if this momentum continue we may achieve a break of $5000 before the end of this week.
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Wave has a significant potential to go up in future. Wave has a very nice road map for future and we should know that wave and neo has the same technology just that there are developed from different countries. Neo is a Chinese project and currently China government has banned ico projects in the country, those that want to raise funds will definitely sifting they mind to wave as this is the best alternative. This will couse wave price to go up and we would see high buying momentum in future.
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Every investment opportunities that exists in our society today involved risk and no system of investment that existing is as good as bitcoin today. Bitcoin has proved to be a very good way to make serious money as its represent the future of money. If you put few dollars into bitcoin today there is no way you will not double your investment in no time.
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I have promote this coin on twitter and I hope it go to the moon soon. These developers has a very good foresight and rebranding this coin will be the best things to do now. Many coin that was promoted and raised fund the same time with korecoin has gotten good pricing in the market and we hope it cash up with those coins before end of this year.
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I expect this time around for bitcoin price to get to $5000 before end of this week as there is a strong momentum and to those that buy during Jamie Dimon and Chinese government's FUD now is another opportunity to sell high and take profits. Some people on this forum predict death to cryptocoin during those period but we are happy now that the market has proved them wrong.
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I come with some Machine Learning background. Does anyone use Machine Learning (ML) models to help in you trading activities?
I have not using any tools for trading as at today as the one I used before make me to lose money heavily and I will forever advise others to develop their skills and understand on how to trade like a professional as this is the only way you can actually succeed in trading. Though this is my first time of hearing about ml and I will try and do some research on it.
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I did not set or have a limit on when to sell or buy. Trading is a game of skills and your mind should be left to make such judgement. I personally allows the market to inform me when to sell my coins position and even when to activate an orders. I have been trying to use candlesticks pattern to determine when the trend has come to the end and when the new ones are starting.
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I have been saying this several times that the news of China banning bitcoin mining and exchangers activities is a whales manipulation to create panic for the amateurs to sell their coins at lose and for them to buy at cheap prices.
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What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?
Either we agreed with it or not bitcoin has for ever make a place for itself forever in crypto currencies world. Bitcoin is like gold standard to alternative coins and it has been performed this duty very well. I have to say that bitcoin has it limitations and disappointment and one of those limitations is that bitcoin is prone to be used by criminals and fraudulent people. We can help bitcoin to overcome this limitations by allowing governments to regulate its activities .
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Which of these two is going to fetch higher prices? What do you guys think? BCC has failed to get high enough to be called a real contender. Will the new one beat it and get closer to dethroning the king?
"Dethroned the king:bitcoin core" I think we can not really achieved that because when bitcoin cash was introduced in august and since then we have been seeing bitcoin pumping up and bitcoin gold will not make any difference. Splitting is not the best way to bring bitcoin core down reither we get strength from split since it was not done in good objective. We should see bitcoin gold as another bitcoin unlimited or bitcoin cash as the same people are behind it.
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