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The price swing is common, but whenever there is some sort of decline in the market it'll be related with the incidents happening around. This perfectly fits for the World market, but with cryptomarket this isn't the reality. Now the war between Ukraine and Russia is termed to be the reason for the market decline. We can't be specific about it, but there'll be small impact and this can also be a manipulation from the whales. The market is predicted to reach down to $30k, we can get the real conclusion by this weekend price.
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Regulation will keep the people on safer zone unlike the market. The adoption of bitcoin over the years have gradually increased. This increase happened as a result of more countries showing positive signs of regulating the usage of bitcoin. Even now there are people around the world who feel bitcoin is developed for the purpose of illegal activities and gambling needs. This happens because many countries don't disclose the decision of whether cryptocurrency is legalized or not.
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The ones who are telling you to rid of the government are people who wish to control you.
Though bitcoin is decentralized, we can never get rid of the government as they are the ones who maintain the law and order of the world, without them, the decentralized world will be in chaos. Bitcoin is a currency, it does not have the power to control us, we are the ones who supports and give life to bitcoin, but without the support of the government, cryptocurrency will never be adopted and probably will not survive in the long run. The network can't be interrupted which makes bitcoin unstoppable by any government. Through regulation and strict law the usage can be restricted, but the same doesn't help in keeping people from using it. There is always some loop holes and common people make the use of it. Over the last year the cryptocurrency adoption rate is quite high. People will find it an opportunity to have financial freedom. There is nothing to think about the potential, because bitcoin have already proven it to the world. |
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Uber being the largest taxi service provider adding cryptocurrency payment access will make way for real time usage of cryptocurrencies. The timeline for the addition of payment feature isn't disclosed. As per my understanding the company is just into business and don't have plans of investing/buying bitcoin as other corporate networks. The CEO said, initial plans were for the acceptance of bitcoin and dogecoin. On the other side he also said when the mining becomes more eco friendly this could lower the transaction costs. I'm not sure on what basis he have said this. When the implementation is done, this will make some positive movement on the market. Source: Uber will accept cryptocurrency as payment option in future |
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Bitcoin is fully decentralized which is why I think it doesn't have to compete with Fiat at all, those who needs the decentralized idea should just keep using BTC as it is, we all know that CBDC will run on the blockchain too but in centralised form so where thus this leave Bitcoin?
It's simply not the same market that BTC and CBDCs are in. CBDCs are a digital extension of fiat that was bound to happen as a matter of time. BTC is decentralized and secure, and cannot be tampered with by any central governments. Essentially they are precisely the two ends of the spectrum when it comes to decentralization. One gives the government more power and traceability, the other doesn't. People who desire decentralization will obviously still opt for BTC. People always want to have control over their finance. This is impossible with the CBDC as it'll be controlled by the government. As in the quote the two extreme ends mark the bitcoin and the CBDC. Even if more CBDC come to usage it is impossible to diminish the market of bitcoin. More countries are in study about the CBDC, possibly by 2030 most of the countries will have their own CBDC. Meanwhile the time period of ten years will make a big change in the cryptospace through adoption and increased acceptance on real life. |
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History created by the young 16 year old R Praggnanandhaa defeating the world number one chess player Magnus Carlsen 39 moves on the Airthings Masters online rapid chess tournament. Praggnanandhaa have mentioned “Beating him once is my biggest dream,” and now this have been achieved so earlier. Now he have become the third Indian, after Viswanathan Anand and P Harikrishna to beat Magnus Carlsen. This shows his ability to the world and the emergence of a new champion from India.
In the same event Praggnanandhaa have lost all the previous seven games and for Carlsen it is the first defeat in the Airthings Masters online rapid chess tournament.
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As per previous trends, the bitcoin price should increase in such cases whenever we will see a threat of unrrst or war. Because government controls the fiat and banks so it is very easy for them to freeze funds of the common people. We have already seen such instances during the Hongkong protest against China.
So I don't think the decrease in bitcoin price has anything to do with the current war situation. It has been triggered by something else!
Agreed, but right now there is no big thing happening around. Ukraine being one among the country that consider cryptocurrency usage legal getting into war seems to make some disturbance in the market. Ukraine is bitcoin legal holds few large cryptocurrency mining farms and number of small crypto mining farms, as it has the lowest charge on electricity consumption and the climate that doesn't require additional cooling process. Now with the war urge mining might've got stopped, which has turned to be the reason for cryptocurrency market crash. |
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You should've copied this from some movie or this script can be taken as a movie. Beyond that what you've discussed is meaningless. Life is not mechanical device that stops when the battery is empty and wakes once it gets charged. Everyone moving forward with the hope of seeing the next second. Imagination is good, but anything beyond the limitation is useless. Same is your imagination. Nothing intentional/offensive, just the reality.
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People always except the market to be bullish. In any market this won't happen. If something is found to be bullish without any decline in the market, then it is perfectly manipulated. The growth happened all of the sudden reaching a new ATH last year. Once again a new ATH at the shortest won't happen, because to the growth it achieved it needs time to mature and correct the market.
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Most of the crypto rise and fall together because they depend on Bitcoin if Bitcoin fall we can saw many altcoins will also fall,because there is always fear and people will surely dump Thier altcoin holdings because they are afraid to loss a big amount of profit specially to those who are newbie so I think this is normal.
As said every altcoin is tied to bitcoin in some means. This can be a direct dependence or through some means. This is the reason why the entire market used to crash once there is decline in the market of bitcoin. Whenever there happens a market disturbance the same makes impact over the Investors. This reflects in the form of panic waves and increased selling pressure causing further drop in price. When there is positive news associated with bitcoin, there'll be growth and the same gets followed by altcoins. |
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If we’re following the four year cycles then it’s likely the price will suck in 2022. We’ll bottom in 2023 & then range until the halving in 2024. The price will slowly start to recover but the real bull run will start in 2025, we’ll get ath after ath until late 2025 or early 2026 before starting the next bear market. History doesn’t always repeat but it often rhymes.
This is the scene of bitcoin following the movement of bitcoin. The halving of 2017 actually did a real bear down to $3500 and now price is going bear that nobody knows how bear it can go but I see things differently because things have changed and adoption of bitcoin and legalization may change the bear speculation. We can't have a comparison of price relating the previous cycle, because what we had in the previous cycle is entirely different. During those days marketcap varies massive with the present day's and so is the userbase. By that time people feared to discuss about bitcoin and now it is open to everyone. More countries are into legalizing of bitcoin. So, we can expect a bear market but not as that of the 2017 price. |
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In last 3-4 years India did nothing in their middle order, in 99% matches Kohli-Rahane-Pujara. Only couple of match i remember when this trio didn't appear together was cause of injury issue or break. That's it. So no they didn't do any experiment with the middle order yet. Now they are moving on which is a good thing.
Don't forget India won 2 back to back series in Australia and atm leading series by 2-1 in England. They won everywhere except South Africa and NZ. Not to mention virtually undefeated at home, they lost only 2-3 series in last 20-22 years at home.
I did not see any responsible player in the series against South Africa, almost all the batsmen's performance was irregular. And Pujara was a complete flop in this series. I am not satisfied with the performance of India. Because India has a lot of young talented players, they have ample opportunity to replace the national team players. So those of us who are fans of India must expect better performance from them. India have good number of young players. It needs to be taken into consideration that Indian players struggle to perform outside the country. In recent years Virat Kohli was giving a consistent performance, but this didn't work with South Africa which is a big failure for India. If young players were given opportunity, they need to be allowed to play continuously for few matches. Later if the performance isn't good enough then the board need to think of replacement. This won't happen with the selection, which is why young players aren't given big opportunity on such tournaments. |
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When one is into trading his mind needs to focus on long term profiting than quick earning. Trader with the gambling mentality can't make profit out of trades. It is well said, a gambler easily gets emotional after loss, which doesn't suits with trading. The traders try to make something out of the market moves, whereas gamblers look for luck than following strategies.
I find both form of traders to be successful, but the percentage differs. The success rate of a trader against a gamble mentality trader will be like 85:15
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UEFA have turned to be the latest organization partner with a crypto company named socios.com which have already developed more than 50 cryptocurrency for different clubs and players. Now with the partnering it is to launch a token for UEFA. Already it has done for popular clubs like Leeds United, Aston Villa, etc. What does these make, the tokens holders get access to the voting on specific competition and events. There is opposition on this kind of act, because this needs to be democratic. One who holds the tokens gets access and the die hard fan doesn't get access just because he don't have money to hold the tokens. There are criticism as well as support, UEFA continue its plan and are following the launch. Source : UEFA Partners with Crypto Company Socios.com |
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Gambling for fun is not at all true with the common people. Maybe the elite and the well to do spend on gambling for fun. If the term gambling doesn't have the ability to give some profit/loss out of the risk taken spending money, none could've turned to be gamblers. It is all the money that keeps people get into gambling. Majority don't accept that they're gambling out of addiction, just to hide it they make such statements.
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I am not siding with the anti-vaxxers since their stupidity is affecting so many people in a negative way, but I do feel that Trudeau went too far by invoking this particular order.
The truckers need to end their protests asap since they could get screwed if they continue protesting in this manner.
Also, BTC and other cryptocurrencies could help these people as long as they use decentralised exchanges, platforms etc since they wouldn't have to deal with KYC which would help them avoid government surveillance.
The protest is just going to affect the country, it looks like the truckers are willing to crash the economy of the country down while challenging the government. Seem very extreme that Trudeau already sees them as terrorists. It's not good anymore if they just look at it as a whole, it damages everyone. Meanwhile, Gofundme accelerates the adoption of BTC when they blocked the funds for the trucker's campaign. Any organization now knows, gofundme couldn't be trusted and they'd have to use crypto. The truckers are strong to protest, but this doesn't gonna crash the economy of Canada in a large scale. As it is the main border between Canada and USA all major export happens through it. The automobile industry have got affected much as USA imports almost 90% of the production. This has now turned to be like an ego clash between the president and the truckers. If not this could've come to an end. |
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Thanks @JSRAW for notifying about the IPL pool discussion. Myself too have the same feeling of an entry fee to be between $20-$25 which is a fair amount and could attract a good number of participants.
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~
But, there's a crisis between Russia and Ukraine that most people are predicting that there would be a pump if the war continue. As far as I'm concerned, war is not the answer to all of the problem that's why it needs to be done by debating or discussion.
And $50k is just a picture right now although, it did pump last year though the price seem to be so quick to dump.
The media is hyping about the war but i doubt we will see a full blown war as Russia knows the damage that they could encounter as the US is looking for an opportunity to begin a war and thereby carry out their business interest with Ukraine. If a real war breaks out then the other financial market will go down and you should expect the cryptocurrency market will go down as well as majority will book their profit. Yes, it is true. There is urge in the war between Ukraine and Russia. No one knows the true reality of cryptocurrency, because market is being dominated by the media. We are in a situation to believe what the media says. It is true that the price of bitcoin is impacted by the war, and it could reach $35k in the following days. |
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In terms of investment, I'm choosing bitcoin, but for the regular transaction, we cannot deny that fiat is more widely accepted compared to bitcoin, so we cannot just ditch fiat for bitcoin because it will not happen. The majority are still using fiat, and I don't see any possibility that bitcoin will surpass the popularity of fiat in the future unless we will shift into a decentralized world or government.
People are paying widely in fiat for their local purchases but many people like others to accept bitcoin for their purchases but they cannot because the retailers are not aware from this much and they do not accept right now. For international purchases crypto is used by people on all those platforms where it is accepted and people are happy with it. You are right, for now just in the consultation with the pediatrician of my 4-month-old daughter, the doctor recommended that I buy vaccines such as pneumococcus and rotavirus, which are essential so that the baby does not suffer from respiratory diseases and so on, so what I proposed to him was not what I expected, I told him that if the payment could be made in crypto, it does not matter through BNB, BTC as he thought best and he said yes, that the laboratory where he works if they can make payments with crypto, which I did not expect but I totally liked it, this means that BTC is on the right track. This shows how the day to day usage of cryptocurrency is making changes in the payment system. In some countries it is common and more services have begun to accept cryptocurrency into their businesses. Apart from those countries, there're countries that are economically down. People from such countries find cryptocurrencies as a better way to keep their earnings safe against the inflation. Once after the pandemic situations were even worse and the same has made all levels of people know and make use of cryptocurrencies. |
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I don't get the precise expectation of OP, but however the increasing acceptance of bitcoin on more real time businesses is part of growth. Right now only one country have considered it legal tender whereas majority are still in study. California State is the latest to consider bitcoin as a legal tender and there is no official announcement yet. As per the ongoing market demand countries are much focused on making cryptocurrency under regulation and have their own CBDC and very few are interested in making bitcoin a legal tender.
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