The whole market follows and depends on Bitcoin, thus Bitcoin can't pump unless something new happens. The word on the street is Bitcoin is a dead project. Will BTC death free all the markets or will BTC take down everything with it. Do people really believe that Bitcoin has a demand from institutions with all the manipulation and no adoption going on? How do we get all the norms to demand the supply and get a bull run going again?
Bitcoin is the best example of a successful creation,that made everyone whose been in this community millionaires or even richer.There is demand mate,the price will never goes up if there will be no demand at all.Bitcoin is not dead but it continues its purpose why it is created.Its concept and existence brings wealth to each one of us,but we need to have more patience to overcome every bearish market that we are experiencing or to experience in the future. I whole heartedly agree. If what he was saying is true that bitcoin actually is dead, then it wont make even small movements in the price right? And aside from that it will drastically go down to the smallest possinle value, and to think that it will drag everything down, i guess it doesn't make any sense at all. |
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There is no such things as easy money, not unless you are involve by some illegal activities specially. If you want to earn decently, you need to work hard for it and invest some time and effort while doing work. Working deligently is very taxing and quiet a long way process but in the end what you recieve is priceless.
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Altcoins provide more successful projects than the pioneer and hence have features which Bitcoin lacks.
Monero provides complete anonymity in its transactions making them more secure and keeping the identity of the sender and receiver private.
Liteccoin has a blockchain of 2.5 minutes which is four times faster than Bitcoin and hence makes transactions faster.
Ethereum is not just an investment asset but can also be used as a token for smart applications.
Technically altcoins have their own platforms and their own goals which is not present in bitcoin. In financial reasons, it has the advantage of giving people and traders options to earn and an alternate way of income, although lots of reports regarding about some failure and losses, but it is a total package because you've chosen to do that. |
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Many coins are below ICO prices due to this recent dip and I think this is the last dip that we will experience and bull run will start soon. At this moment, it's time to accumulate some quality coins, what coins are good to buy?
Quarkchain is a good buy and its price is cheap. Already listed on Binance. Talking about prices getting below ICO price, I don't think it's because crypto market is in a recession. No, that was already happening even before the recession set in. It's the devs and teams. Some of them are criminals who find an easy way of listing on cheap and irrelevant exchanges without volume and then before anyone says, "Jack Robinson" they dump on the holders and move away. This is the new soft exit scam. Mostly that is what i have noticed nowadays. Since they are annonymous and they can even use other peoples names in their field i guess it is a one way ticket to become rich easily. There are also several factors that affects the price of a certain coin, or should we say can trigger that brings it down below ICO price. |
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Most probably in this section are users that are interested mostly in Economics, so I want to know why Economics attracts you?
To have better understanding about cryptocurrencies you should study economics. Even to understand the news and politics. I am not an economist, but I have studied a bit. Especially personal finances which is very useful for anyone who works and earn some money well lucky that you guys have a background about economics because i have none since im an engineering graduate and got married year after college so i have no chance in other courses to take up,but i am a businessman on my own,and my only learning is my experiences for me financial study doesnt need to be a successful in business economy instead our dedication and love with passion in our respective business choices There are some parts about economics that are taught at school, it is also part of education system, i don't know but maybe a few had experience on this one. That is not really compulsory in the field of businesses, because as far as i have experienced, you only need to find it out by yourself in order to learn about it, it is not actually forced to you and badly needed before you went on business. No that's not it. |
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So ones again we have been scammed by another ICO known as Uchit. Now people have started raining insults and curses on the bounty manager that he has led them to be scammed. Despite the numerous apologies from the manager, bounty hunters do not seem to understand. Now my question is, do you think bounty hunters must be blamed when we are scammed because they knew what the ICO was up to, even from the beginning?
No they should not be blamed at all! When you join a bounty then you are always joining a risky investment of your time and efforts. Neither bounty manger knows what would be the future of that bounty and neither we the hunters. Just remember one thing, when an ICO is scammed then its not just bounty hunters who dont receive the payments but it is also the bounty manager himself who remains unpaid. So everything is on everyone's head! And the most risky part if it is that, their names are at stake, or should we say the campaign managers are always at stake. Never blame them besides they are doing their job, once it fails or it is a scam project not only us but the campaign manager doesn't recieve any payments at all and worst is that they don't recieve any credits from that instead they will recieve negative trusts from moderators and DTs. If someone is to be blame it must be us participants for wasting out time, then a part of it will from the whole team of that certain project for screwing peoples lives. |
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I have seen some reputed casinos lagging in this aspect. They make you wait days for a reply to email. There live chats makes you wait for hours. Thus, it makes sense to check the customer support by sending mails or trying live chat before you join the forum. How important is customer support of an online casino for you ?
Just imagine a real casino like Wynn or MGM or any business in this world without customer support? That is just the same with online casinos. There got to be people preferably live chat in order to assist and answer people needs. Late replies are understandable sometimes especially on delicate cases where reviews are necessary. It is highly important and I am sure there is no one that would end up saying otherwise. If I have an issue, I always want it solved pretty fast and things like that increases the reliability of a platform. I do not want to have issue and only end up getting a response after huge number of days when I could have done a lot with that time wasted, so, that is how important having a highly responsive customer support team in place. It is really important to have fast and responsive costumer support in some online casinos, but there are also some time that they need to review some issues regarding your complaints and problems it is not also all the time that they can be responsive, so much better also to be patient and just wait for their reply but it should't exceed up to 24 hours. |
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good topic and explanation. for me any increase in bitcoin price is not important. i prefer bitcoin price to be fixed in a value. so people can shift their investments to alternative coins so demands to altcoins increases. it is very good for all crypto market.
Maybe it's a good idea that btc price will be fixed than seeing it in a downward trend.People will most likely lose their interest in bitcoin if they see its price continue falling and may not recover anymore.It's more good to see if the price continue to increase but this thing is quite impossible.There are really some factors that will appear that will somehow pull down the price gain. Indeed it is a 50-50 percent chance, but still we are holding unto our faith that it will rise. As you can see in the market mostly people when they see the value of a certain coin goes down most specially bitcoin, they all lose their grips and began to panic, whereas it rises up it will be an uproar and as expected more and more people will indulge. |
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You are right to expect the crypto market to keep rising. Everyone acts like it is dead right now because the prices are falling, but after a crazy bull run like we had last year this is only natural. The overall trajectory of the market is still positive
Right. Just as we believe that the bitcoin or coins we hold will increase in the future, we should not be afraid to see prices fall. Currently, I am losing 50% of capital with HAVVEN. But I would never sell this coin if it had not risen to $ 2 A big factor why people panic is because they get in to crypto expecting to get rich and earn easy money. This mostly apply to newbies who also greatly affect the market when they panic sell. IF you're investing for the right reason then you're likely to make essential research about where your money is going and you'll know that crypto isn't something that will generate easy money for you. For long time crypto traders and investors, market falls are something that doesn't really warrant a lot of concern. It's either an opportunity to make more or something that they'd just let slip by since they're in for the long run. Yes somehow i agree, because at first although i am not that really hasty on earning or should we say i am aiming for easier money, but when i saw the market suddenly going down i kinda panic and ended up being broke as hell, and so then i realize that i need more experience in this field, and later on i learned how to control my nervous and just act like nothing happen the rainbow will shien in the end. |
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the atmosphere of the crypto market during Idul Fitri celebration of Muslims is very quiet, because the traders are busy with their respective family events welcome idul fitri, so it could be possible market atmosphere can be quiet and without any transaction usually before Eid fitri come the market atmosphere enlivened by the people Muslims who want to transact ..
I am just being curious how does the celebration being relevant in crypto? I know some of our brother and fellow muslims are using crypto but as far as i know it doesn't have any relevance at all. Aside from that let us respect the celebration, and let us not involve their religious belief in the economic problem. Ever since i have heard since then about them are almost negative at all, and it is like they are the ones to be blamed by every negative happenings all over the world, and even here? Oh come on. Let them celebrate peacefully. |
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As far as i can see it is actually healthy to all of us, since tha is the most priority of us, to make it known of possible. So therefore having new investors and new people here in crypto could bring good benefits not only to those who are here since then but also for the newcomers. Besides there are also no restrictions that prevents new people into adopting crypto.
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People believe bitcoin is backed by nothing. I think that is not the truth. I believe bitcoin is actually backed by people themselves. It is backed by none other than just you. We all witnessed the price has been fluctuating by all those FUDs and bad news. The price changes by emotion and non logical facts. I believe you hold bitcoin no matter what happened and would happen, and believe it is backed by all of us, it would make a history.  No currency is backed by anything, even if a currency was backed by gold you need to ask what backs that gold? And the answer to that is simple, nothing backs gold except the trust people have put in it for thousands of years, bitcoin is the same, we trust in it because it is an incredible concept which has been accurately described as digital gold with the huge advantages that brings. Well certainly i agree. It is like tracing the ancient history of something that nobody could really tell where it came from exactly. One of the most foundation of currencies is trust, without it, people wont acknowledge it, and even they wouldn't use it as well. Because of earning our trust, it made it out publicly and even spread it widely because there are also testimonies by users itself. |
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Sad to say since the beginning till now and the future theres no solution of inequality.Theres always at the top and theres always at the bottom.Even in crypto world theres a successful one and theres loss one.So everything is what we called balance.
We can't change the fact even we do have equal chances there's still someone that will go above us, this is life and even blockchain won't change that facts, still those who are capable to sustain good project will go and rise high while those who can also deal with it will still not gain any support and stay at the it's level, this Blockachain system will give us equality in terms of chance to prove project, things will still depend on how things will be developed. Sad to say but i agree. Even the application of blockchain itself cannot change what's reality, but there are still chances and hopes that someones life might change because of this, and it doesn't literally mean it is the solution to poverty and inequality among wealth. The world is certainly vast and at the same time cruel. |
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How do panic selling affects the market and why does it affects the coins value?
This common reaction of investors if the price is falling. Actually we cant stop other people if they would react negatively on the downhill direction of bitcoin's price and actually i dont blame them this is just human nature. To feel fear and panic all the time if we feel our investment is in the verge of collapse, but nevertheless those people who can see past through thick clouds are usually are the people who can see the rainbow that leads to the bucket full of gold. In bitcoin only those who acts wisely anfd persever can really get big profit same as those pioneers of bitcoin. Basically the selling of bitcoin would really affects the market and of other altcoins because this means that its value as will as trust of the people or investors are degraded and with this people will think that cryptocurrencies are in a verge of collapsing. I further agree with you. They just tend to let their emotions take the best out of them. Well that's basically normal to people, since experiencing panic and fear is always part of human nature, but also you must control your emotions whatever it takes if you want to succeed so. There is always something to lose, but if you look at the bigger picture, lots of gains also will be in your hands if you succed, you will more than happy winning. |
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We can only win this battle if you leave your finger off the Sell button.
Succes gr Bas sorry for shitty English
For me at has always been nonsense to sell your coins for $7,400 when you know that they can reach $20,000 in the nearest future. Unlike many altcoins that can be speculated in a short-term perspective, BTC is a long-term investment and should be kept as for now. Yes. That's the least we can do as of now. Is it really that badly you are in need that you are actually putting your investment at stake? As it seems that, once you consider having investment you need to diversify your funds, and put some into emergency fundings, daily expenses and so on. |
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Yeah, I also think about this. If there's a coin that will possible give a good profit after the bear market, its ETH. ETH is down to $400 once the Bull run starts it will reach to $1.5k again.  Me too, because ethereum was more successful and more features on cryptocurrency. For me, ethereum was number one and bitcoin was number two only because bitcoin was advance on the price only but on other was take by ethereum. I invest all my coin on ethereum because when it overtake bitcoin, i gain more profit than bitcoin holders. As of now ethereum is one of the best altcoins to hold, not only has good foundations but has good future purposes also. It has been said that ethereum will be next to bitcoin when it comes to high potential coins. I guess many of us can prove it right also. |
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I heard that there is a whale that moved 8k BTC to an exchange and that what caused the price to go down in addition of Stop-Losses being triggered.Is that true?
The act of moving a large number of bitcoins to an exchange won't affect the price any more than moving them anywhere else. However, some people may panic and sell because they believe that the "whale" is about to sell the entire amount, and that can drive the price down. If it's true I consider it to be a big problem as we clearly see that whales manipulate the market easily which is harmful.
My understanding of manipulation is that it is the attempt to change the outcome of a future trade. As such, a "whale" simply buying or selling large numbers of bitcoins is not manipulation, regardless of the effect on the price. Every trade, no matter how large or small, has an effect on the price. Manipulation can be done by spreading false or misleading information, or also by affecting the price in one market in order to affect the outcome of a trade in another market. I somehow agree with what you are trying to point out. Since manipulation is really hard most specially when you are alone working on the market, that is why some tend to spread false accusations and false news to confuse other peoples mind and then they start to play the market. It could only be possible when you are a whale. |
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Before you enter the world of cryptos, it is necessary to have a background before you shell out money. Study what make cryptocurrencies unique. Know the advantages and disadvantages; how to transact bitcoin and other cyptos.
You need to have a lot of knowledge about investing if you want to go in invesment. Investing in bitcoin is good investment but it is also risky because the price is not stable. In addition to that, I agree you must know what is the advantages and disadvantages of bitcoin before you invest. Everyone who wants to invest in something must consider the risk and should know that you need to study about the structure of some project you want to enter. Even if risk is involve, you wont also succeed knowing nothing about what you've been doing, aside from that failure also is part of success, and you wont learn anything when you always win, because you wont know the value of success unless you taste the bitterness of failure. |
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But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.
In my opinion, your opinion is true. Why ? Indeed, cryptocurrency is now much interested, some people consider cryptocurrency as a valuable asset to them. but cryptocurrency has one weakness that is not the official currency. cryptocurrency is just a virtual currency in the digital world. so this is where another function of cash is to be a medium of exchange for cryptocurrency, so the selling value of cryptocurrency can be used for in the real world. I don't think it's minus for a cryptocurrency. I remember how electronic payment systems used to be for example Alertpay, Paypal, Solidtrustpay and others. All of them were also considered illegal before, and people did not understand how to regulate them. But then came up with their verification via credit and debit cards. I think that some ICO, with the best product, will soon lead over Visa and Mastercard/ Thus the issue will be solved with the legality and legitimacy of the cryptocurrency. The only question is when it happens. There is no doubt about it, since crypto is at its infant stage and still it wasn't matured enough at this rate. Regulation of cryptocyrrency will also come at its right time, but as of now there are still some things that it needs to develop before it goes to the peak, so while it is still at its development stage let us just support all the way to the top. |
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If an entity is large and powerful enough, is it possible for it to gain a monopoly advantage and manipulate the rises and falls of the virtual currency market?
I think it possible. if that someone has a lot of money to use to manipulate virtual currency market once they sold or bought a huge stock of virtual currency its market will surely change and people will follow with the change. but, it needs big money to do it. Yes it is possible but i think that it is now becoming difficult, because the use of crytpo currencies is increasing which is also increase the price of crypto currencies, i think that in future it will even become impossible that even big whales will not be able to use to manipulate any single crypto currency. Indeed. I noticed that the "whales" don't pump or dump only one crypto currency. They always sell all of the different coins they bought, lest other traders trying to keep their money will jump to another crypto currency. If the global capitalization of the crypto exchange markets will be enough large, it will be more difficult to manipulate the prices of the coins, but I guess the "whales" can do much anyway. Since then we can already observe that they can do as much as they want because they have tons of money and lots of holdings to play with. While some people keep on complaining about the prices while they are playing, some also just ride the flow and just surfing all over the spectacular prices, although its a bit scary but if you don't have guts to risk, you will remain from where you are and the worst is that you will just regret. |
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