From my point of view I don't see any indicators for bull run. Price is more or less stable for a while and it looks like it will stay so. Some price changes are very small and don't show signs of potential biger jump. The end of year is near and there is not much time left for some significant price growth and this time I don't believe in miracle that in the last time price will cross 8k or 9k.and pump even more.
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How much time you spend on trading depends also if you are professional trader or not. But in any case if you want to be successful and make profit you have to spend considerable time on the exchanges. Also you have to constantly watch all trends and changes on the market so that you can make right decision in a right time. But day trading is not for beginers, too risky and too stressful with big chances to acumulate loss.
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First, Bitcoin is not anonymous, at least not at it was as first appeared. Second, criminals are also aware that cryptocurrencies are great source of profit and that many Bitcoin holders are new richmen suitable for taking money from them. And sometimes people who use cryptocurrencies think they are more protected in virtual world, which is not true and because lack of cautious become vulnerable. Third, Bitcoin and other cryptocurrencies are being used for all kind of criminal activities but that is nothing new anymore.
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I agree that Bitcoin will not reach 9000$ by the end of this year. About two months ago I would say it is possible but now I'm not convinced anymore. We are running out of time and the price and the market are not showing indicators that some big change will happen. ETF would definetely help for price to recover but as many times so far the decision will probably be postponed, that us my opinion. And the question is also would ETF influence price on long term or just intiate short term jump.
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I think that governments and Bitcoin can go together. At first there was much more issues and governments were not so keen to recgonize and accept Bitcoin but things are changing. We see more and more positive regulation and more positive attitude towards Bitcoin and other cryptocurrencies. With time situation will even improve because more and more governments are aware they have to accept Bitcoin in some way and they are also aware they can have use of it.
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Trading could be unhealthy if you take it too serious because that can ruin your nervs and give you too much stress. If you lean only on trading to make for the living then this is a huge pressure and long term it can influence your health. Just like any other stressful job. First of all trading should be fun and you should enjoy it. If you notice that you are getting kind obsessed with it and that it starts to rule your life then it's better to quit. That is why it's important to learn to control your emotions and not to get yourself into situation that you can't control anymore.
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Yes, Bitcoin price is so stsble that is getting boring. I.mean that is not real stability because some tiny volatility and price change is visible but that is not what we are all expecting. Now there is a little room left for making some profit. Despite some predictions I'm rather convinced that such range of price will stay until the next year without some biger changes. No surprises for this Christmas.
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That is how the Bitcoin started at first place, through shared knowledge and information. This was the way of early adopters. I agree that we need more positive promotion and more relevant, reliable information which would help people to understand the world of cryptocurrencies and how they are realy functioning. People are always sceptic to anything new and sometimes it takes a while to embrace new technologies and new way of thinking. That is why we need more efforts to encourage them.
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So what are the best alternative to order a new card from another provider? Any suggestions?
To my opinion the best alternative is Wirex. It's Visa, not Mastercard but unlike Mistertango I'm much happier with their service. They are not perfect but my card was never declined, they are much more user friendly and fees are more fair. Just hope they will not have the same problem soon, because there is obviously some issue with Bitcoin debit card prividers.
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Another "happy" news from Mistertango just received today: Mistertango team is sorry to announce, but due to contract cancellation with the current payment card provider, Mistertango payment cards will be de-activated and no longer working from the 1st of November, 2018.
Of, course they claim they are working on another solution etc. Anyway, I'm not happy with their service for a long time ago but this is great chance to terminate account I have with them. And just few days ago they announced fees on account balance. Didn't they know what is going on and what is going to happen?
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frankly, I don't really understand the problem because I'm new to bitcoin, but I'm sure that now is the right time to buy. it is very easy to get profit with current market conditions because bitcoin prices rise and fall very quickly.
Unless you are a genius when it comes to trading I do not see how you can say that is very easy to get profits in the current market conditions, it is true that the price of bitcoin and almost all altcoins can move incredibly fast in one direction or the other but that doesn't make trading any easier it makes it very hard because the movements are completely unpredictable. To my opinion only very skilled and experienced traders are making decent profit now and you are right, it's not easy at all. When it comes to Bitcoin price I also don't think that now it's very convenient time for buying. Price is in current range for longer period and probably will stay so, I don't expect some biger changes until the end of the year, not in positive, nor in negative direction. But if you have extra funds invest them in Bitcoin, as far as I'm concerned it's always good decision.
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I don't think that someone here can actually teach you trading. You can get some advice and guidelines and users can share their best practice but you have to get your own experience. Don't expect to be successful at the very begininig, becoming a good trader takes some time. Also you can start collecting information on the Internet, try some online learning about trading and most important try on your own. You will learn best on your own mistakes.
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I am sure that the price of Bitcoin can still experience a tremendous increase in the coming months. With the increasing number of people using Bitcoin, it is very good for the direction of positive change. Bitcoin prices are currently in the range of 6,000USD and it is very possible if at the beginning of next year Bitcoin prices could reach 10,000USD. I am optimistic that it will happen because Bitcoin is a thing that often surprises us all.
Everything is possible when we talk about Bitcoin but we are running out of time. The end of the year is getting closer and closer and honestly I don't believe that some significant changes in price will happen. No matter all possible scenarios I don't think Bitcoin price will exceed 10000$ literaly over night. If the price reaches 8000$ or 9000$ by the end of the year that will be surprise for me.
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It's hard to tell if and when bear market will end. To me it doesn't look like that the time for bull run has come although many desire such situation, probably because the end of year is near and many expect for price to grow and in significant manner. Still, I'm not convinced that market is going to surprise us so pleasant like the last year.
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It's not to be expected that everyone loves Bitcoin and cryptocurrencies. But to have positive attitude towards cryptocurrencies first you should understand how they are functioning and what are the benefits. And many still have problem with that. I also agree that some had bitter experience with Bitcoin and that is the reason why they quit. So good approach is trying to explain but not to push and still the best method is when people try on their own.
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I don't see why is this so strange, it's usual.thing among exchanges. Actually you don't have to trade Bitcoin for so long to notice that different exchanges have different price. Besides that is how arbitration trading is done that offers excellent options for profit if you know what are you doing and you are very well introduced with situation on multiple exchanges.
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I like this comparison. Today data are equaly powerfull and important for mankind like oil was. But still many people don't understand the importance of data and how powerful weapon they can become in the hands of wrong (or right) person. Today you can make the war only with information and you don't actually have to kill someone. Our conteporary life is all about information and in the future that will become even more important, everyone who recgonizes this will have advantage.
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To my opinion regulation in the field of cryptocurrencies is not a bad thing. It can help in many aspects like defining illegal and legal in the field of crypto, protection of users, regulation of market, introducing cryptocurrencies into economy and businesses. All this can help Bitcoin and other cryptocurrencies to be further adopted and introduced in the general society. The problem is that many users see regulation just through governments control and to my opinion this is the wrong angle.
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I also got this notice about new fee on account balance and honestly I'm not sure what to think about that. I'm using Mistertango for a while and I'm not happy at all because of too much issues and problems, from the wrong balance to card being declined in almost every store and high monthly fees. I'm actually thinking about closing account but let's see what Mistertango has to offer in the near future.
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You can forget with Mastercard, this is out of the question. Since Mastercard recently changed their conditions for cryptocurrency payments for a more strict one. An alternative could be to buy a Mastercard Gift Card (if it still exists, Paypal has too) but it will be hard to find a place with no KYC or perhaps by using Gift cards stores with BTC option
Actualy I haven't got the information there are gift Master cards that could be used with Bitcoin. Do.you know who are the providers of such cards? But even with gift cards the use of Bitcoin on it would be very limited. Like I mentioned before to find legit card service without KYC is mission impossibe. Few years ago that was normal but since legal provisions are getting more and more strict this is past.
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