This is how a bubble looks defined with different phases. Here is the example of the dot com bubble which went exactly like this: source: wikipedia Why you ended dot com bubble at 2003? We are in 2019. Add missing 16 years and see what a bubble dot com companies are right now. |
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Sold my house for buying altcoins need your help
How much was the house? What country is located? There is high possibility that prices decrease a lot after the upcoming financial crisis. |
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What the heck happened to the prices?
Price of Bitcoin was to high. It was growing from March to June. Full 5 months. And with quite big gains. Now last 3 months we saw a slight decline of Bitcoin price. From now on that can continue or can slightly grow. On average price should be stable. We will definitely not see any huge drops like it happened in December last year. |
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While people are still speculating as to the many factors that might have contributed to the continuing slide of the Bitcoin price in the marketplace, let's also focus on what are possible developments that can push Bitcoin upwards again. With the seemingly large void of good news, the market can be looking for anything that can be catalyst for the reversal of this ongoing downhill trend. And how can we inspire people to buy more Bitcoin to increase the demand for the coin?
Bitcoin development and fundamentals are always going upwards. Bitcoin transaction number and energy spent to mine and number active wallets usually stops growing just for a few months and then grow again for few years. There was no backwards in Bitcoin. Only backward was price. But that is how market works. When is to much hype price goes to high and have to go down again. |
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Ultimately, the recession will definitely have a negative impact on bitcoin, however, it may serve as an entrance into the cryptocurrency world for some due to the reduced value of most cryptos. Those who do invest in a recession would most likely see a large increase in their investment after economic growth stabilizes.
I believe ultimately recession will have positive impact on Bitcoin. Because people will see ti as an alternative money. So far most people see Bitcoin as a get rich fast scheme. Big part of those that own Bitcoin thinks that way. Also big part of people on this forum. Once you see how dangerous is to trust third party to be your bank, you will cherish opportunity way more. And people will do that. Specially those with wealth. The 1%. |
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It is always awesome to see some new faces come into the leaderboard. There isn't really that many rich people all around the world, think about how much one bitcoin worths and check out the leaderboard that way. The problem with bitcoin is when someone says "I wagered 1 bitcoin" you don't instantly thought about 8 thousand dollars, 8 thousand dollars is literally one year salary of millions of people around the world, even higher than that.
Generally I agree with you about rich people that gamble. They are the whales that have important role in price of cryptocurrncies too. But For wagering 1 bitcoin, you don't need to have 1 bitcoin. You can have only 0.05 bitcoin or even less, but wager 1 bitcoin. Yes it depends of style how you play. Those that play with lower chances to win will wager less then those that play with higher chances to win. |
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Hello Everyone,
I suppose everyone is well aware that the next Bitcoin halving will be around May 2020 which makes it 7 months before the halving.
Previous two halvings happened on 2012-11-28 and 2016-07-09.
Looking 7 months before the halving in 2012 and 2016 I don't see a parallel for the current situation. I'm not sure how much of a market we can talk about in April 2012 but the December of 2015 probably was a valid and well quite developed market, yet I don't see any huge drops around December 2015 (between 2015-11-02 and 2015-11-09 it went from $501 to $297 but back then this was still considered "normal" I suppose).
You should take longer period of time and not just look at 7 months before halving. Look what happened a year until half year or a year and a half until halving. You will see that start of this year from March until June was extremely positive for Bitcoins price. You could say that price was manipulated to grow more then it should. Now that is getting corrected. |
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New ATH around 2023, 2024, just at long term log charts have been predicting. Time between peaks increasing as marketcap increases.
Yup and most likely Evan Duffield coin will have 90% coinmarketcap dominance, the same amount of master nodes he own  Stupidity just never stop at some group of people. |
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We all ready see this, prices specially Property rent and buy prices are going higher.
Also stocks prices goes higher not just real estates. It is because of money printing. It is printed to much to revive economy, but it just push up prices of stocks and real estates. Companies buy back their stocks. Peopel take loans to buy houses and pay back less then they borrow. It is of course super nice until it will last |
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Hello Everyone, Im new to Crypto.
I like to know some coins that I can Earn Referral or Commissions!
Such coins would be for sure high on new exchanges ratings of securities. It also sounds like ponzi. Maybe you shoudl read more about OneCoin and Bitconect. |
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And we need a Business Pitch.
A business pitch unlike any other!
What is wrong with a New Yorker proverb? Carlos Matos is from Bronx, he could a company you there to talk with Mayor. He already have New Yorkanian accent. He is a perfect guy. All we need is a good proverb. |
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Some people believe that global warming is just the conspiracy to control the development of industrial country.
Can someone explain me how will global warming control the development of industrial country? To fight global warming we will need to industrialise way more as we did by now. Research way more. Use way more resources to reduce it. Global warming "conspiracy" only help our industry and development not slow it down. |
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$5,000 will be the next support range and $8,500 will be the resistance, and no higher.
What does it means next? Tomorrow, next week, next month? There is huge chance Bitcoin will be worth around $5000 at some point in future. What is magical of prediction and speculation is that you at least slightly time it out. |
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Monero's main or should we say only selling point is privacy/anonymity so it will be interesting to see what they will do.
Money as described by Aristotle in 350 BC says it has to be fungible. Only way to be fungible in case of crypocurrencies is that its transactions cant be linked. Only way. Monero is digital cash. That is the only Monero Boss there is. A centralised Boss that sits at top of the table of any Monero Workgroup. Without opaque ledger there is no point having Monero, we already have Bitcoin. |
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I think the KYC rules apply on customeraccount level and the FATF travel rule applies on transaction level.
LOL Transaction level? The exchange totally know where they sent coins. They have view key. FATF travel rule is about person informations not about transaction. Just read it. Exchange customer that is KYCed clearly know where to whome he sent his coins and who send them to him and can normal tell that to anyone that is curious about it. Are you telling me that exchanges have the ability to directly connect senders and receivers to Monero transactions? Senders and receivers that are suppose to be shielded on-chain ? I thought only Monero users can view their own transactions? (if they remember to which address they sent it). Are you telling me if someone hacks an exchange, they can obtain sender and receiver information about Monero transactions ? Thereby completely de-anomyzing Monero transactions ? No I am telling you transactions have nothing to do with FATF travel rule. And I told you that exchange make the transactions themself. Exchanges are Monero users, so they totally know where they sent and where the coins come from. FATF travel rule is about persons. You can get those information only by doing proper KYC on your exchange. No matter what cyptocurrency you then use. |
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Hi all, I'm new to crypto market. Would like to ask is Crypto market correlated to Stock market ? And can we apply Stock investment strategy & technique in Crypto market  Crypto marekt is 10000 coins. They are very diferent. Some are used for store of value whiel other are used for dentists. There is no corelation among different coins. So you cant realy expect it with all stocks. |
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Venezuela's central bank is holding Cryptocurrency!
Are you new? They not only holding cryptocurrency they issued cryptocurrenncy named Petro. That was years ago. That si probabyl reason why their currency is slosing value so fast since they daytrade. |
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The reason why bitcoin goes down after bakkt release
Reason is because price of Bitcoin was to high. Is simple. It was constantly increasing from March to June. And then after small corection stay high. Now was time for a real corection. Price should not go down much more. It can even stay as it is now for next half year. |
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Bitcoin Price Dropping - Are You Scared?
It is as it is planed. Bitcoin price should reach $10000 only at the end of the year but we allready had $10000 Bitcoins in June. That was a suprise. Those 5 montsh of constant price increase. A big surprise I would never predict. What is happening right now is totaly normal. Price can easily go down to $6000 before recovering. But can also stay where it is right now. We are not hihg or low right now. Just perfect. How can you say that Bitcoin correct price for December 2019 should be 10,000 ? I do not see any logical reasoning behind it. I am sure bitcoin will be either 1- 3K above or below 10K on December this year. And Yes, the bitcoin falling is very scary as after the dump it takes a lot of time in recovering the bitcoin price. That is what I predicted at start of the year. Considering Bitcoins price in last 8 years. What has happening from March untill June was an anomaly. Price was groving to fast. Well price was groving normaly, but there was no corecction. That was an anomaly. |
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I know nobody can predict it but I am wondering if I should move my BTC into a stablecoin now in fear of losing more or if I will get angry when I lose the trading fees and then watch it go back up again. That happened to me b4 actually.
Also sidequestion what it the a cheap and fast way to move into a stablecoin that is supported on the Ledner nano S.
They printed $75 billion of USD a night in last week. And stablecoin is backed by USD. Should not you be afraid holding to much of those? |
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