It is always not wise to do FOMO. It is also not wise to panic sell when the price falls after you FOMO. Luckily, the price seems to have strong support at 7K. Those who bought at the top of the current run can relax because the price is slowly recovering. I can feel that it will test the 8K level again soon.

Luckily the support at this level is strong. I will not call this a crash but just a correction. The market was trying to break the 8000 resistance but it failed and fell into the support level. It will try again to break the resistance as you see the price is slowly growing back up.

It will not crash the market. You are thinking that the flow of bitcoin will be all in one way - selling. But in order to continuously use the app, the user have to replenish his account with bitcoins. This will create a cycle and a demand. Users will either buy bitcoin from exchanges or work to earn bitcoin. Then they will spend by buying from merchants through the app. Both creates flow of bitcoin in the users side and will push the price up. While on the apps side, the bitcoin will remain in spedn's wallet and will add to bitcoins under hodl.This lessens the supply available in the market, pushing the price further up.

Of course this is only possible if the app can provide a better, faster and secure service than using fiat. Or If the app can provide incentives to users so they will choose to use crypto.

Maybe no one wants to remember that because Silkroad connotes negative feedback on bitcoin. Silkroad transactions are mostly underground. The 10K bitcoin pizza is at least a small legal transaction which is now seems hilariously expensive.

Guess: 21
Stake ID: jakelyson

Not all highly intelligent people are interested in bitcoin thus, they cannot see its value. Have they read its Whitepaper or studied the blockchain? Everything you need to learn in order to see the value of bitcoin is in the blockchain.

You bet we are, and we are extremely lucky that we got in this early. Bitcoin is still very young and still can improve a lot in its technology and its value.

Set how much profit you want from your investment and cash out when you reach it. You should avoid getting greedy and wait for the top price because no one can tell you exactly when will that happen. Always base your actions on your goals.

You and I both Op, we are both cursed. Suffered the same fate as well. But seriously, once I sold the token, I do not care if it pumps after. I only sell when I am satisfied with the profit. If I failed to take profit on a pump, I just let it go and take it as a lesson. It is no use to beat yourself just because you failed to sell on the best price.

This is obviously a dump. The question is, is the support at 7k strong enough to protect the price at this level? Is the buyers still not dismayed by the sudden dump? If there is still strong buy, this dump will recover soon. But I think if we go below 7k, it will be a domino effect that will destroy the bull trend. For now, it is a waiting game.

Did you stay in a dead end job for 30 years? No increase at all and yet you stayed there and here you are complaining that salary never went up for the last 30 years. You procrastinated for the last 30 years and now you are complaining? You could have at least improved yourself and gotten a better job or started a business.

I doubt that that is the purpose of bitcoin. Taking into consideration it is modeled into earlier versions of internet money like Bit Gold and Hashcash, I think Satoshi just continued the earlier work of the creator of those projects. It is just a coincidence that the 2008 recession happened that pushed bitcoins use and propelled its popularity.

I do not know if that is true. The payment is made thru third party app which means that business establishments may not be even receiving bitcoin or crypto at all. The buyer can be spending bitcoin but it can just go thru the third party app and the app will pay the business establishments with fiat.

Source:
https://www.theverge.com/2019/5/13/18617554/flexa-cryptocurrency-bitcoin-etherium-whole-foods-gamestop-nordstrom-flexacoin

But this is still good for adoption because normal users can be encouraged to get bitcoin for investment and they can easily spend it thru the app if they want to.

Losing is part of crypto trading. We are not perfect, we can make mistakes. The market is volatile, it can change trends on a whims notice. You should prepare for it emotionally and never lose control. Stick to your trading strategies and discipline.

That is just normal. They are traders and they need to get their profit every time the market allows them to do so. If you are an investor or just an hodler, then you can wait until the market price hits a new all-time high. But you cannot force that to traders.

Whoever said that traders stopped when the market was falling. Even on a bear market, there are profits to be taken. A good trader makes a profit whether it is a bear or bull market.

The ending of this show is very disappointing. They build up their characters very well in the first 7 seasons only to destroy what they build in 1 season. The hype of the Night King and his army only to be beaten in one episode. The death of the Night king did not justify the hype. Then Varys being the best in spying, deception only to be very careless in the end which cause his life. Most of all, Daenerys who is supposed to protect his people and break the wheel end up killing everyone in Kings Landing. Very disappointing indeed.

ICO under ETH smart contract is not performing well and that is what boosted them the last bull run. I do not think it will work for them this time around. Even right now, the price of ETH is moving up because it is just being pulled up by the price of bitcoin. There is no way it will outperform bitcoin in that way.

It might not be the story tonight. Raptors is a different team. And Milwaukee is returning from a long rest. In their first game with Celtics, they also have a long rest and was beaten by Celtics on their home court. Bucks may also lose tonight and come back on game 2.

What the chart show is the price movement of ETH in USD value. It is only an upward trend because it was being pulled up by the uptrend price of bitcoin. But if you check its BTC value, it almost left unchanged with little movement. This bull run may have a different effect on ETH. In 2017, ETH ICO and its smart contract were at its peak. Right now, almost no one is investing in ICO because of scams that can also cause slow movement for ETH even on a crypto bull run.

I can't believe Manny Pacquiao still chooses to fight in the ring. In his age, he better retire. Let the young blood reign the box. He is already successful boxer with a career as a Philippine Senator. He should focus on that instead.


It does not matter if he still has the punch. He is fighting an athletic boxer almost half his age. If his younger opponent landed a lucky punch, his health may not take it. He can end badly injured.