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2381  Economy / Speculation / Re: Have we reached a bottom price for BTC? on: July 05, 2022, 10:49:36 PM
Most people are panicking because no one knows if we reached a bottom price for bitcoin or not. I would like to echo what Chris Brendler said with regards to this "The levels of activity and the political, corporate and institutional landscape being so bitcoin-friendly and more willing to at least listen today makes me think it's close to a bottom." My best guess at the moment is that it will definitely not drop below $17k.
cryptocurrency do have a bottom line whereby someone will come and hold strongly that if bitcoin refused to reach bottom it will not invest into cryptocurrency. Cryptocurrency especially bitcoin have a fluctuating movement which is not in the straight line to understand it's regulatory phenomenons. So in a nutshell bitcoin can be purchased at any point in time whereby it can come as results of acceleration and also as a result of devaluation or degradation. If it reached seventeen thousand (17k) or twelve thousands (12k,) it's not still the bottom because it value when it started was below all the prediction value recommend as bottom of bitcoin.
2382  Bitcoin / Bitcoin Discussion / Re: Bitcoin Hodlers are actively buying bitcoin these days on: July 05, 2022, 10:16:14 PM
I'm responding to this base on the caution or the subject of the text. before the observation became popular and obvious to the community, it's officially known that bitcoin have a potentiality and anymore who knows it's adoption and it's connectivity will like invest for long time frame so that when it increases it will definitely make huge profit from different angles or diversification of cryptocurrency investment.
2383  Bitcoin / Bitcoin Discussion / Re: Mexican senator proposes bill to make Bitcoin legal tender on: July 05, 2022, 10:05:30 PM
This is a good news, and this is the reason we believers of bitcoin are hodling our coins because the signs are very clear at the time when the markets bleeding big institutions are actually putting their money in bitcoin. There is increasing acceptance of bitcoin by governments and in countries. Remembers buy when everyone else sells and sell when everyone else want to buy. That's the rule of market.
if the information is reliable, it's absolutely tangible from my understandable concerning the good news of cryptocurrency adoption and legalize. Many people because of the information will give room to Bitcoin resurrection, that is only part i observe. And it can only happens if the information circulate well. That is while some of the investors who hold some coins when we are experiencing both bullish and bearish market is a supportive to cryptocurrency network indirectly, because without they storing cryptocurrency in their wallet as asset or investment cryptocurrency won't have resurrected.
2384  Bitcoin / Bitcoin Discussion / Re: Was the coupling of Bitcoin to fiat a mistake? on: July 05, 2022, 09:55:01 PM
Bitcoin price is first and foremost measured in fiat, mainly the dollar.  Cry

Bitcoin is bought and sold with fiat since the beginning. Was that a tragic misstep in the evolution of Bitcoin? Would we have it better if all governments outright banned the purchase/sale of BTC with fiat?

without the Fiat currency Bitcoin won't have been relevant, so therefore you can different cryptocurrency especially bitcoin with fiat currency with little thing. That is while when some people give reference of bitcoin that it will dominate the existence of Fiat currency it always astonished me seriously. Even it's very clear that Bitcoin government on their own Way hate the existence of bitcoin so therefore their are restricting purchasing of bitcoin to eliminate it's adoption in nationwide.
2385  Economy / Economics / Re: Why You should not worry about BTC price action on: July 05, 2022, 04:12:22 PM
Cryptocurrency and especially bitcoin it's have no devaluation and it's very clear that from the year 2010 and year 2017 we have do experience market fluctuations in cryptocurrency industry. and that's why some old investors are not really afraid of cryptocurrency degradation in price. Actually cryptocurrency falls into the system of rising and falling which nobody can actually explain it's flux of rotation. People that is in suspense about cryptocurrency experience in a negative price are the ones that will be in a haste and worry about cryptocurrency and especially bitcoin for it's inconstancy in price.
2386  Other / Beginners & Help / Re: Bitcoin is freedom money on: July 05, 2022, 04:02:13 PM
Fiat remains more important to most parts of the world than bitcoin, many bitcoiners have their bitcoin sitting in their wallets while they use fiat for their daily transactions, bitcoin is freedom yes, but it is more of a freedom asset now than a freedom money because it is not so much accepted as a medium of exchange in so many places. Majestic-milf i can be certain you will use fiat today, but i can say the same for bitcoin. When bitcoin becomes a popular medium of exchange around the world and people use it as money for daily transactions, then it can in the complete sense be freedom money.
Bitcoin is a freedom currency in terms of management. But for exchanges in terms of comparison with fiat currency, bitcoin is still far from all this stuff indecencies it has gathered firms. Yes of course cryptocurrency has much firms in the world currently but not all the countries Bitcoin is allowed to operate. And not everything Bitcoin can purchase in every nation. It still have alot of ways to go irrespective of it adoption and it recognition in the world,bitcoin still can't be popular as fiat currency.

I think it will never be possible to use fiat to buy itmes across the the world. Bitcoin is more an asset than a currency.
It's like wanting to pay with gold for your groceries. It will never happen.
Other crypto could be used as common currencies. But I think we will see stablecoins doing that. And not assets with high volatility like ETH or BTC.
if we should compare cryptocurrency with fiat currency, there is a lot of things that fiat currency can accomplish for existence of live and bitcoin can not solve it, because it's not yet accepted as a legal tender generally, But it only gives values to having a good quality asset for now. And the cryptocurrency that possesses the values of rightful asset is the cryptocurrency that have potential level. From my perspective not all cryptocurrency that will give you a positive values during the time of investment.
2387  Economy / Economics / Re: When I started driving. on: July 05, 2022, 03:53:20 PM
Happy birthday (80th) celebration Jet cash, with what I'm seeing concerning jet cash, i believe his the oldest forum user by age, because the rest participating here is not up to 80th, i think jet cash deserve to be celebrated generally for every forum user. From the analysis of op, what i noticed is that inflation just keep renewing every annual because things keep changing from the previous conditions to the newly condition.
2388  Other / Beginners & Help / Re: How quick does the market grow during bull market? on: July 05, 2022, 03:39:37 PM
It's good that you were able to know and understand that patience is required in trading or even Holding cryptocurrency token as asset. For to get the belief that the market will bounce back you are already in profit, I am pretty happy for you for taking this solid decision of continuous buying at this dip. please keep it up the joy will follow it up letter.
for cryptocurrency generation and industry, you most summon courage of having patient and exercise much patient for cryptocurrency if actually you want to patterner and invest into cryptocurrency. Trading is one of the things someone have to learn and understand it's adoption and before going into it fully, because the features involves understanding and because of the nature of the market cap.
2389  Other / Beginners & Help / Re: Bitcoin is freedom money on: July 05, 2022, 02:55:00 PM
Fiat remains more important to most parts of the world than bitcoin, many bitcoiners have their bitcoin sitting in their wallets while they use fiat for their daily transactions, bitcoin is freedom yes, but it is more of a freedom asset now than a freedom money because it is not so much accepted as a medium of exchange in so many places. Majestic-milf i can be certain you will use fiat today, but i can say the same for bitcoin. When bitcoin becomes a popular medium of exchange around the world and people use it as money for daily transactions, then it can in the complete sense be freedom money.
Bitcoin is a freedom currency in terms of management. But for exchanges in terms of comparison with fiat currency, bitcoin is still far from all this stuff indecencies it has gathered firms. Yes of course cryptocurrency has much firms in the world currently but not all the countries Bitcoin is allowed to operate. And not everything Bitcoin can purchase in every nation. It still have alot of ways to go irrespective of it adoption and it recognition in the world,bitcoin still can't be popular as fiat currency.
2390  Economy / Trading Discussion / Re: Enter the market with a loss mindset~what you can afford to lose on: July 04, 2022, 08:44:25 PM
Very true. Go in with what you can afford to lose or let go. It helps a lot thats why everyone is encouraged to in with a certain level of experience or training as well as not having the get rich quick mindset. Fluctuation in the market makes predictions difficult to get it right so it is advisable to take profits even though it can be sometimes difficult to do that
the market is open to everyone. But what we should do is to read the market before adventuring into it. because market of cryptocurrencies is like positive and negative. And that's while nobody is assured of the market and it's another factor while people have to encourage people not to lend before entering the market or not to lend for cryptocurrency investment. Investment in cryptocurrency should be a totally spell funds not real funds
2391  Economy / Trading Discussion / Re: Best time to buy or wait a little bit ? on: July 04, 2022, 08:37:07 PM
I think this is the most appropriate time to buy in this market right now. It is difficult to predict what will happen in cryptocurrency.The market can go up and down at the same time.So I think it is better to invest in your instant market than to sit in such Dida conflict.So I say you should not wait any longer and invest in this market.
actually whenever cryptocurrency is experiencing down fall, it's the time people feel like purchasing cryptocurrency from different angle, it's right because the more you purchase cryptocurrency at lower stage the more you make profit during the time of bearish. That is while i will say that Bitcoin don't have the specific time to invest on it, except you are waiting for the bearish time before purchasing cryptocurrency.
2392  Other / Beginners & Help / Re: Then what will happen to your account? on: July 04, 2022, 08:30:54 PM
I will ask  a question to this community member's. Maybe it's looks werid  but suddenly this question arises in my mind. And the question is:
"what will happen to your account when you passed away ?"
  • Will you pass it on to your children? (Is it legal in this forum ?)
  • Or will everything end there?
  • Then  Can't we see the good deeds from these big reputed people's account?




this question has been treated in so many way in this community of bitcointalk and it has been universal since. Because if a community user of bitcointalk passed away. And is been know and reported to the community, another person can not make use of the account. And secondly account of a user if it passed on can be used except it's a situation whereby people or the beloved ones knows about cryptocurrency.
2393  Other / Meta / Re: Curious Question about Meriting on: July 04, 2022, 08:23:43 PM
What I seen in some post and merit might not what another person see and merit Post. To render merit to user depends on the explanation of the users or the body composition of the article, by given you what you want. Secondly responding to a question that is unknown to users can equally attract a user who is filled with Smerit to exhaust it smerit for you. Really different persons have it regulations and it point someone make and it likes it before given a merit.
2394  Other / Beginners & Help / Re: When to take profit? on: July 04, 2022, 08:15:00 PM
The most common way is to take profit when happy but this is always becomes subjective of human greediness so the best way to do it is to take profit near price resistance because the price will likely correct there or even if it's break, The price will will come back again to that resistance level for a retest to gave you another opportunity to buy back again if you are afraid to missed out the bull run. This method is the play safe way to trade and not to be controlled by ypur emotion at the same time. Use chart as your basis and don’t focus too much on the percentage of growth or loss because it will just lead you to a wrong judgement.
no particular time is needed to take out profit into cryptocurrency, the thing is that, it's only the investor that supposed to know the comfortable and exact time that is suit to go out from the market. The thing that affect them is really not to know the normal period to go out is greediness.greedy has taken the chance of many investors been profitable in the market
2395  Economy / Speculation / Re: Bitcoin to 30k Range again on: July 03, 2022, 12:51:17 PM
It seems that the bearish trend is still happening again and many experts believe that the market will rise again in August, if this happens there will be a trend in 2021, the price of dropping in June and last July began to rise in August, so I preferred to buy.
actually this is the time to buy cryptocurrency, and this is major opportunity for someone who is cryptocurrency minded to purchase cryptocurrency and skip the information of bottom and more bottom. Believe that Bitcoin will rise but the june and august everyone is pointing at, is not the exact time factor of two months coming people are predicting. Despite that everyone have right to make it's poin. I believe that Bitcoin having a slight bull run, it be something that will happen between November and December and if actually it will.
2396  Economy / Speculation / Re: Is Bitcoin's price "basically a fire sale"? on: July 03, 2022, 12:42:51 PM
No chart, price model, or price in general can dictate if bitcoin has topped, bottomed, or any other sort of "signal". We can use such chart as information on how high or how low bitcoin went, but I don't think we should be making decisions solely based on it.
you are right. So many of this chart bitcoiner present here, some times they miss interpret some certain chart. Actually mainly chart they do represent is directly or basically relate with your expectations in quote. It made me not to compromise to certain chart or concur on them because of wrong interpretation. It's misconception between price analyze who normally comes to conclusion on what is tactically sure.
2397  Economy / Speculation / Re: Today is the day on: July 03, 2022, 12:32:21 PM
It's either a generational buying opportunity with bitcoin being the most oversold it's ever been, or it's the end of bitcoin and it's finally dead LOL
From the history of Bitcoin that I have seen, words like this always appear when Bitcoin is experiencing what it is today, dead and finished, in fact it is not, Bitcoin rises like a crocodile wanting to pounce on its prey, very quickly.

That's where all of us will regret, why me.....why me.....the train is going fast, no one can stop it, so think about Bitcoin for the future.
when you scrutinized very well, you denote that majority who is rendering different kinds of name towards the falling of cryptocurrency and especially bitcoin this time is one year and two years Bitcoin experience investors. Actually in a normal circumstances cryptocurrency market never be stagnant in it's price or having a continuous increment without a reverse of values. I agree with you that cryptocurrency investment is future investment which you don't have to be expecting huge return of profit when you have not stay long in the cryptosphere to know it's regulatory system of locomotion.
2398  Economy / Speculation / Re: Will Bitcoin hit 100k or more in 2022? on: July 03, 2022, 12:26:20 PM
we still have more than 170 days, nothing is difficult and impossible if bitcoin is rising, everything will skyrocket even in a short time, and the price of $100k is not a difficult thing, in 2017 the price rose more than 8x, and to reach $100k only need a 5x or 500%.
it's very difficult now for Bitcoin it reach one hundred thousand, because what i understood in cryptocurrency is that, it gets accelerated in price due to information and recommendations.in 2017 Bitcoin skyrocted to such price due to it has more firms and recognition in the market. You cant use this year kind of experience and crisis in some certain countries to be compared to another years when their is no negative portrayed of cryptocurrency and especially bitcoin precisely.
2399  Economy / Speculation / Re: Why Does BTC growing faster?? on: July 03, 2022, 12:18:31 PM
What bitcoin has achieved today is indeed a phenomenal thing, it only took 10 years to become popular and make many global companies and world millionaires interested in bitcoin, of course the thing that makes bitcoin grow very fast because of a strong community, they don't care about being banned from many countries and focus on buy and hold so that the demand continues to increase.
when emphasising on the influence of cryptocurrency, it's quiet simple. because from my perspective i understand that the measure that makes bitcoin to keep increasing is due to online or internet method of marketing the cryptocurrency kind of lives. Companies today joined Bitcoin because of it's way of understanding it's validates not because of the population or the firms cryptocurrency and especially bitcoin gathered.
2400  Economy / Speculation / Re: How do we spot the crypto bottom? on: July 03, 2022, 12:12:22 PM
It's hard to determine whether it's a lower limit at the moment or it could go down again, but the thing that makes us sure that now is a lower limit because today the price is back to $20k, hopefully it doesn't drop below $20k again, and with this fact makes me more eager to buy, I'm sure in July the price will return to $30k.
many speculations has been flying tha bitcoin at twenty thousand is not strong, and when you see it chart, it seems like bitcoin is experiencing down fall seriously and continuously. Right now the value is nineteen thousand (19k) and their is every tendency that Bitcoin can experience more downfall this period. I believe that when it experience or the movement in price skip twenty two thousand (22k), it's obvious that it will continue to rise. But it's experiencing and pointing arrow downwards.
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