So while we're all happy celebrating our beautiful bull-run, these guys are trying to figure out what the true cause behind this bull run is. https://cryptotradernews.com/cryptocurrency/decoding-the-bitcoin-bull-run/My takeaways: - Most altcoins are underperforming.
- Institutional investors are starting to get really interested
- Bitcoin's halving is happening very soon
Thoughts??? There are many factors that contributed to the current bull run and one of those factors that has influenced the market so much is the bottom that was reached in February this year. Bitcoin takes the bearish journey from a little above $20,00 in December 14, 2017 to $3150 in February this year and at this point many technical indicators agreed that the bottom is here and since then we have been seeing Very high upwards movement in like that we never witnessed lately. I strongly believe that the halving expectations is one of the factors why everything is green now but I disagree with the idea of "most altcoins are underperforming" as said by you sir.
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Dogecoin is one of the old coin and from the beginning, it was in the class of ethereum, cash, dash, and litecoin but for long those coins are doing well but dogecoin remains in the "shadow of itself"! I have never seen it making a serious push in pricing and market capitalization. I think the developers need to do more than what they currently doing in terms of marketing and advertising because I have things of that when I bought it last two years but nothing has been done about it.
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I bought a bunch of LTC at like $40. I’ve seen the USD VALUE go up a lot, and the Satoshi value go down from like 1.0BTC now to .6ish.
Ultimately I care more about Satoshi values.
Should I dump my LTC for BTC and continue to ride the wave up, or be patient and wait for the halvening and see if LTC continues to rally despite taking a bit of a breather.
My target LTC sell was $200. I thought we would be there by now.
Of a true litecoin has performed very well and remember that around January this year it was around $38. The current price of $136 was not expected and in January many litecoin's speculators were "saying the highest it can go in 2019 should be around $80 or $100"! We are in June and it has made a very serious surprised. I think your $200 expectation will be realized very soon and all you need to do is to keep waiting for the next serious push as the market is projecting good investment returns this year. Its relationship with bitcoin will also change soonest as we expect an inflow of funds from Bitcoin to the altcoins market
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if btc retraces 30 to 40 percent when it hits 13k to 15k what will happen to alts will they fall as well or will they go up or how would it play out? only long term players please..
Most time Bitcoin and crypto coins don't follow those Fibonacci principle and some time were you expect retracing that is when another strong pump occur! I think it is speculative based and the more good news we heard the more profitable it becomes. Therefore, I will said that now is a strong bullish time and from my experience in trading in this market we should not expect a dip retracing especially when everyone is speaking good of the cryptocurrency market. The altcoins are going to recover and I expect that most of them are going to remain strong this time too.
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Surely. i entered the market at its peak. . i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest. You already recovered your money! Do not be stressful brother! Bitcoin can be bought at 15K dollars because it can surpass its ATH every single year. Now, the price of bitcoin is around 11,300 dollars and counting. The increasing of bitcoin may lead to a more profitable day in every hodler like you. Do not think too much! It won't help you at all. I do like this kind of mind you have @Wallflower28. Did you know we have people that bought Bitcoin around $17,000 in 2017 and are still holding till now? It really depends on how patients we are. If we are patients enough? I do believe that no matter the price we bought it can turn to profits for us in a later date. He his complaining about buying at a wrong time at $11,000 but as at this morning Bitcoin went as high as $11,400 and it is like three days after. If he will still holding he might sell above $20,000 before the end of this year and the only thing he needs is patient.
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And the last tweet was " Next Yobit IEO in... RANDOM TIME. All buys will be in YOBTC." sourceEvery exchange I think are creating their own coin for IEO purposes, they are inspired by how BNB grow this year and Yobit is getting ambitious too. This is something to watch out for, and investors has to be very careful as they are doing it at the right timing when the market is bullish. In 2017 Icos was the major focus in the crypto community and this happens because of the bullish momentum that the overall cryptocurrency market enjoys that year. Many people including me loss a lot of money because of the icos boom and scammers takes advantage of this is a boom to became very rich but in an illegal way. IEO is now bringing the investors back into the crypto community and that is why we should be careful not to be scam by the exchange that promoting them. Yobit has been in discussions for bad thing and that means before you invest in their exchange you have to be careful!
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I am a positive thinker and find it tending to look like 2019. However, I think the BTC will exceed 20,000 USD by the end of 2019, early 2020. Of course the Crypto market is always changing, we have no one can accurately predict it.
If you are saying that Bitcoin will go as far as $20,000 this year then you should expect more in 2020. All the event that is happening now and in future are going to have there multipler infect in 2020 many people are buying Bitcoin now because of what they think will happen in 2020. Libra coin and halving are 2020 events and people are buying now in anticipation of what is going to happen in 2020.we are going to have change of things this time around and Bitcoin and crypto market generally may experience two years bullish market.
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Through experience, I have learned that trading is very risky and as such you must use Both the technical and fundamental analysis as a guide for investing and trading decision. It is when you have mastered on how the market works generally that you can actually understand and be able to use technical analysis in understanding what is happening fundamentally or how technically you can understand the effects of unexpected news on the assets. There are some candlestick pattern that computes all the information about the assets into its formations, but it takes great knowledge and skills to identify those patterns and formations.
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On June 21 2019, Bitcoin price reached a new peak, hitting $10,646 and firmly beating daily returns of almost all major cryptocurrencies. For the first time in 15 months Bitcoin’s price surged above $10,000 on major cryptocurrency exchanges. The bitcoin price broke the $10K barrier at 7:35 pm Eastern Time. I want to invest in bitcoin, it is too late? Where do you think Bitcoin is heading next? It is not yet too late to buy bitcoin especially if you can see were is going to! Bitcoin is heading towards $65,000 to $100,000 if all the technical and functional issue is sorted out before halving by may next year. I also believe that the current pumping was a recovery from the last year bearish market and we should expect more good pricing in some days to come. Bitcoin is currently trading around $11,000 and that was the price many professionals investors were saying that is were Bitcoin should be by the end of the year but we are happy that we still have more time to gain more.
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The increase in the price of Bitcoin is now predicted by many people. And I am very happy to see developments in Bitcoin prices that have been increasing lately. I am really optimistic and sure, the price of Bitcoin is back like last 2017. And if this really happens, then it's true that the Bitcoin price chart always recurs once every two years the price of Bitcoin goes to the month.
We are really seeing a lot of threads this day on the current unexpected bullish trend. I have to convert my stock to cash and buy Bitcoin because my confidence in it is renewed by the bullish trend we are currently seeing. I have speculated that bitcoin is heading towards $20,000 before we can witness serious corrections but will pick from there and if care is not taking it might go as high as $40,000 before December this year. Next year may still be bullish again! That means if you have long term views there is no way you will not become rich with a few thousand dollars investment now.
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Libra VS Bitcoin (2 Coins Enter 1 Coin Leaves???)
Bitcoin Created by Satoshi VS LIBRA Created by Corporations
Libra Specs are still not confirmed, but faster transactions speeds and lower transactions fees to gain market share seem likely.
Libra is Centralized Control and Bitcoin currently is not.
Libra value per coin should be stable since the Corps are backing it with fiat reserves, while Bitcoin price can rise or fall quickly.
My thoughts are merchants will flock to it because of price stability , plus a little corporate nudging.
Bitcoin will still be harder to censor than Libra and its price won't be as stable, but investors and traders don't want stability, they make money with the market swings.
So Investors and traders will still favor Bitcoin, While Merchants will favor Libra.
So what is everyone's else thoughts?
Will one defeat the other or are they fighting in different rings and never shall they actually face off.
Time will really answer this question that has been in the minds of many of us. I think Bitcoin is too popular and the idea behind it will never allow it to merge with any stable coins and if it marge with any of them? Bitcoin will reduce its value as a decentralized currency which will never have a reserve in fiat and will never be stable like other currency because its aim and objectives are different from that of the libra coin. Another thing that I see might not play out is thinking that Bitcoin will be negatively be affected by libra coins because of the popularity of Facebook but from experience, bitcoin has fight governments, regulatory authorities, and Major currencies, and until now it remains very strong and will make a surprise when we get there.
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Litecoin helving is coming on Block #1,680,000 (estimated around Aug 7th, 2019)
Block revard will increase from 25 LTC to 12.5 LTC.
when BTC has last Helving, price was 445$ and after helving - price willnot lower then 445.
what you think about Litecoin future?
Litecoin halving is going to make its price really going up. I still believe that even at the current price litecoin is still undervalue and from now to August may be another buying time that is going to make litecoin bullish. . that means the current price is good to buy especially for those that strongly believe that litecoin is going to be above $200. If the current bullish trend lasts till the end of the year I think with the halving litecoin will be above $500.
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The account that posted this topic has only one message. This account was created today, so I wouldn't trust advice that looks like viral advertising.
It is obviously clear that he is here for the purpose of advertisements and since he has not any other aim I think those that wish to mine the pi through smartphone should do more research on this as I have tried to mind coins like graft, bundi on phone before but it is not profitable and I end up allowed my phone to be on 24/7 which is a bit harmful to the phone. Does it absolutely drain your battery and phone over time?
The infect of mining using your phone is too high. I have tried that before and my phone almost blow up! The battery got drain easily and you have to keep connecting the phone to light. The profit too doesn't worth what you will lose.
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Dear users who have not tried to work in this terminal, I advise everyone. The interface is convenient and clear. This is a great opportunity to increase your deposit. let's make money with Arbitrage CT.
I will go to your telegram group and ask some questions but for a quick understand and advice you should try and show us your rate of success because I have tried to arbitrage trade for some time now but it seems to be harder than trading. It looks less risk but until you get into it you will understand that it also one of the way to lose money if you don't know how it works. Having software that trade for you inform of hot is something I have not tried but since at op said it is secured I will try to test the hot with little funds.
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I believe we are all set for a huge rally, get your seat belts on guys.
Right, almost $11k now, just a massive jump in the last 24 hours. I think we can already say that we are out of the bearish claw now, we have reach 5 digits and then crash it like nothing big is in front of us. Definitely, this year is a very good recovery for everyone, specially for those newbies who invested at almost a all-time-high. Just sit back and relax and take the ride. I just called a friend that has been blaming me of making him of losing money because I encourage him to buy Bitcoin when Bitcoin was $9750 around April last year. I have been enduring him all this while and my encouragement is that" a day will come that bitcoin is going to grow back above $10,000" and that is what happens last night. He has called to said "Bitcoin is now $11,120" and this is the first time this happens since l bought bitcoin for him. This is a real moment of happiness in my life and I hope that it is completely out of the downward trend.
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That's the main reason why i lost many btc on gambling i did not control my emotions during betting.
That's what you should have learn before proceeding into gambling becasue emotions can cost much you cannot expected. The biggest challenge in the world of gambling is that of the self control among gamblers which poss more problem to them while they lost to the house. Never put emotions into gambling as also like trading. Emotional control is not an easy task for some people and it is because you are not addicted to gambling that is why we talked of self control as something that is easy for gambling addicts. It is better to avoid gambling if you are not ready to be addicted to it because if you play the probability of continuous playing is there and as such time will come when you will be out of control especially if you are winning!
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I agree that in the crypto market I can find a special coin, which over time will increase in price to x1000. Here, even if I invest $ 100, I get $ 100,000. I like these great opportunities.
We have read many stories of those that invest little hundreds of dollars and today they are millionaires and I keep asking myself if this opportunity has actually come to an end? Bitcoin, ethereum, bitcoin cash and ripples has give fortunes to those that were not afraid of risk and put in huge funds and some of them are Those we now referred to as the whales. I think the opportunity of becoming a millionaires through cryptocurrency is still there and that is be lucky enough to invest in those coins that has low market cap and be patience enough to wait until it is there time to be pump and get bullish.
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"Although theories regarding any massive parabolic movements in the near-future remain purely speculative, one prominent analyst is now noting that Bitcoin could surge to above $60k based on historical price movements, which could happen as soon as Fall of this year." - https://www.newsbtc.com/2019/06/18/bitcoin-historical-analysis-signals-that-btc-could-surge-to-62k-later-this-year/This is some sort of speculation and some sort of technical analysis, do you believe that this might happen, for me the former ATH is possible but if this will happen it will truly shock the industry and the people who do not know crypto yet. That is actually a possible outcome. This bitcoin cycle might not repeat the last one but the 2013 one when there were 2 bull runs. April and December. So this $62k ATH can be the April 2013 $230 ATH. And then we wait for December 2013 $1200 to finish this cycle. I am not sure if this first bull run is possible this year. But definitely should happen next year. The second one will be about a year later. This is speculation Sir and strongly believe that it might come to pass as the next bull is about to commence. I think bitcoin is going to explode after $10,000. The 2013 first bullish run is going to repeat at this time though, it might not get to $62,000 but we should expect significant changes in Bitcoin price. If I were those that buy Bitcoin or have in mind to buy Bitcoin when it falls from around $20,000 to $10,000 in 2017 to the middle of 2018 I will take another investment decisions again as now we are more positive than then.
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I started my day by visiting https://coinmarketcap.com and reviews by myself the coins that I usually trade. From there I visit binance and poloniex to see the market close of yesterday and that enables me to know the sentiment of today. However, I don't base my trading on signal providers or joined a trading or trading room on Twitter or Telegram but analyze the coins I wanted to trade using my own indicators and information I was able to gathered from coinmarketcap.com about those coins and it has been helpful to me in this. I decided to depend on my personal analysis because of my experience in forex and how I keep spending money for signal and latest indicators.
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Currently BTC is up to 10k threshold, altcoin has paid on BTC is decreasing very strong. If BTC continues to dump so hard, altcoin will be even more catastrophic
I so much agree with this and we should not expect more changes in price in a negative way now as it is difficult for bitcoin to fall back to $7000 as the market conditions keep improving! I visited coindesk today and I find many good news and that means that bitcoin may be on it way towards $15,000 trading area. It happens in this way in 2017 and from there we should expect more flipping as funds will flow into alternatives coins market. Altcoins will benefit when people or investors think bitcoin has been over bought.
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