Bitcoin is not falling at the moment; it is stabilising. Bitcoin's price right now is still better than it was this time around last year ($6,700 vs. $4,350). It has been a lot better than the market's decline in 2014. I would rather see a steady slow growth of bitcoin price based on actual adoption and enhancements to the coin's technology than growing rapidly and unjustifiably in a short time.
Don't worry, Bitcoin will reach an All–Time–High again, just be patient.
Actually, it is correcting itself or stabilizing as you said. But the pump and dump which makes the scenario completely different will be back again, and soon. Seeing a steady growth of this market is still yet to come and it will be taking much time. Till then manipulators are going to do their job, and we will see a hyperjump in the value of the coins soon. |
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This is a very good question to be asked, This is why we are facing the problem right now " why market doesn't go up while all the news are positive? " I think that is because of a few people who control the bitcoin market. every thing is in their hand.
I think we all control the market, I mean to say we can, but primarily the big players, whales overcome us with their manipulative skill set. Unknowingly we just follow their indirectly showed path. Fear is the primary cause for us following them blindly without knowing we are doing so. The market will again move up and suddenly it will move up as it happened last year. |
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Can cardano be able to compete with Ethereum for now because in price comparisons of course cardano is still far behind and for the platform even though cardano is superior but for Ethereum's popularity it still dominates until now, so I just hope all the best possibilities in Cardano and now the time is right for buy a few coins because who knows later will actually defeat Ethereum even though it's a very difficult thing.
Similar thoughts come to my mind as well, Cardano may overlap or surpass the popularity someday, but as of now the availability and popularity are way more than any other platform similar to ETH. Actually, it all depends on the programmers or new business person who might use it as a platform for their future projects. Yup, Cardano will be a good investment option for the long-term future prospect with good value as a return. |
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Even in the 3rd quarter of the year, bear still prevails its power. Today it seems to be a little bit better, but the long bearish market is affecting the entry of new trader or investors. Alts are going down along with BTC. I hope this changes soon. Now we cannot blame the panic sellers, its been too long now and people who need money are withdrawing even if they are in loss.
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Analyzing the market is quite tough nowadays, but you will get ways, ideas on how and when to trade. And also keep in mind don't believe completely in what being said online, either be it an expert or anybody who looks trustable. The basic is to first learn, how to trade and then use your analytical skills. The skill is completely upon an individual.
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Obviously a better choice, rather I would say the best choice one can take. Also, another option I prefer is trading. Short-term trade can be performed, if one has the capability to analyze the market movement correctly, and make successful calls. Many altcoins gone down crazily, make sure you put your money upon them as well. HODL crypto,won't advise to sell off against fiat right now unless necessary.
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I think it's starting now already. The bulls will be here in a couple of weeks. The price movement that seems to go up already is a sign that the price is starting to go more and it will be reaching double during the first week of the last quarter of 2018.
Lol. Expecting too much dude? We've had a couple of surges that's even higher than this but were slapped by the market's reality. The bulls are probably not going to make a move until later this year, if they even come. This guy was just fair to bitcoin's bull run possibilities mate, and not only him expected too much but there's many people. I knew were being frustrated for several times for those surges that even gave us heartaches, but still we managed to overcome all disappointments. If that's the case about bulls coming later this year, well we need to hodl for more. The market was so deceiving from the start even though it does helps us when the bull trend is coming. It is just a matter of time before we could see that trends again, but for now we must have to hodl so that we could save it from losing away when we can't control ourselves. Similar price growth is taking place often, but when it comes to the fall the growth happened while the market is bullish seems to be less. From my thought, the bullish trend needs to sustain for a longer time period only then it is possible to get recovered from the recent bearish market. To this it requires certain time period to grow. I agree, unless the bulls sustain their run and stay for a longer period of time, it is not possible to see the bull run staying for a longer period of time. Whatever it is, be it a panic sell, or worldwide news impacting the value, this has to stop, panic sellers will be their no matter what. Now the big investors or influencers may change the face of this market until then the short bullish trend will follow on I believe. |
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At the moment Dollars or fiats can do more or is more useful than cryptocurrencies. But if you consider cross-border payments with low fees, then sometimes cryptocurrencies are the winner, When the prices are low and the congestion is not much. Also using other coins might be beneficial in a congested period, but then you might have to convert it back to some well-known coins to get it converted to fiats.
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I think we will hold our profits in bitcoin. so that we also will not lose profits by selling low prices, so I am more patient waiting for higher prices in the future.
You will certainly take not so much risks when you hold Bitcoins and not altcoins. Meanwhile, tokens, especially cheap but with good market cap, might bring you more profits. Yeah, as of this moment market is so cheap and definitely a good opportunity to buy those promising coins that can have a great amount of profit in the future. I believe market will recover soon as time goes by in which this kind of scenario was already proven many years ago. If anyone is in a loss with their previous investment, just don't sell off, rather hold them and buying will be a good option if extra liquid cash is available for more investment. I agree the price is quite low and not sooner but when the market will rebound, the investor will be in profit and might overcome their previous loss as well, if the opportunity is well covered and utilized. |
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BTC bleeding is making ETH and all altcoins bleed as well. This had to happen, ETH grew with Bitcoin value rise, and now it's falling. ETH with ICO being entering into the market lead to the price rise as well, Now the ICO market is also very down and thus bleeding. People now fear this fall, and they are selling it off.
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Day trading might give you a good return in a short time period, but the risk of losing is too high. But it has taught me a few important things which might and will be useful in the future as well. Increased my analytical, quick decision-making skills. Risk management is another aspect I am learning as well.
The primary advantage for which people seeks to be a day trader is the return percentage compared with a time period, which is high.
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Particularly Bitcoin or any other cryptocurrencies might not go under regulation but surely the transaction conducted will be regulated under specific country norms that will be set by the country of their respective governing body. The government will impose tax and rules for a transaction made within fiat and cryptocurrency, also may be within cryptocurrencies. Not all countries may perform this task, but there are few countries that are already undergoing this process.
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This is very unlikely or it takes a long time. Bitcoin is still the king in the crypto market with strong beliefs and community. Currently, the value of Bitcoin and altcoins is still based on the need for exchange and belief in value but not actually applied to life. However, I believe that bitcoin grows stronger then the altcoins will be the same.
The value of altcoins are totally dependable upon Bitcoin, as the price of BTC goes down, so as the altcoins value. Bitcoin will be on the top for few more years at least, even if people start to realize the value of few altcoins, it won't be so soon, within 1 or 2 years for sure. Bitcoin is used as a primary coin to trade other coins, so technically we cannot expect any other altcoin surpassing the value. |
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Lets say crypto completely and utterly replaced fiat. Fiats don't exist anymore. All governments have seen the advantage of using digital currency and have completely changed their fiat into crypto, like dollar to dollar token(obviously not tether). How viable is this? For example anyone can see how much I am holding using the public ledger and track me down and force me into sending them the cryptos I hold. I wanna discuss in reality if cryptos actually replace fiat how life will be and what are the problems we are gonna face and the immediate effects of it.
I think it will be difficult for crypto to replace fiat, because fiat is supported by the government and it is been using all over the world, so bitcoin has a low chance to beat fiat currency. But if bitcoin has a chance to replace fiat every transaction will be using blockchain technology.l Bitcoin will be an alternative solution for payment in the future along with the cryptocurrency which will replace fiat currencies. The government will probably introduce their own cryptocurrency which will be representing the country-specific fiats. Maybe not soon, but surely blockchain technology will be utilized in the future and cryptocurrency will be introduced as a major payment option in all sectors of the society. |
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I couldn't find any slice piece of news to support that 22000 crore number—all I found was, Congress in India alleges that a major political party used cryptocurrencies (read: bitcoin) for their money laundering (Rs 5000 crore is the reported amount) and called it 'bitcoin scam.' I doubt this would affect the market as we see it now, however. Speculative bubble, regulations, bans, and bad news are the driving force for the market downtrend.
Just a news from one country cannot affect the valuation in such a manner. 2-3 more simultaneous news have made the difference. Also, bubble speculation and over price claim might have sparked a sell-off again. We can say it as a correction as well, but such frequent correction is not so healthy and might fear the newcomers. |
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That's a terrific strong high-risk determination anyone built. It can be using bitcoin purchases are certainly not quite dependable nevertheless are generally more effective as opposed to dependable gives provided by your finance institutions. My spouse and i applaud your own preference along with would like you good luck.
High risk with high return potential, a risk if taken and successfully gets a return as wished, then its a better choice. But if one doesn't have the guts or fears the risk of losing it all, then it's an intelligent movement to choose both. Bank will not give you a high return, but it won't give you a heart attack or tension either. |
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Investing in BTC and cryptocurrency is a gambling act!
If you don't participate in bitcoin transactions, it can't rob you of any penny. If you enter Bitcoin speculation, you may be looted at any time, just like this.
We should aware that every business has a risk and we have to take a risk in order to secure our life. So yes it can be put you at risk. After investing it’s up to you how you manage your coins how you can secure your bitcoins you should not trust anyone also do no do panic sell always hold your coins and believe your self. Not only business but every part of our live is filled with risk. And as the return can be quite huge in crypto market, the risk related to it is also huge. I agree people fear the risk being too huge and hearing the speculation makes some foolish movement and end up making their fear true. For few people now it might look like this investments are gambling in this sector, but they wrong thinking will be gone in future. |
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Bitcoin is already part of the global system, but the only opponents of this head of state!
Bitcoin is being used at almost every corner of the world but still the number of people who are using bitcoin are not that much and that it will take a lot of time for bitcoin to be globally accepted and that you cannot expect this thing to happen in a day or two. It can only happen once the governments will declare these crypto currencies as legal currencies and that they will start regulating bitcoin. Regulation will be soon implemented in many country which has temporarily banned trading. But I don't think they will be accepting it as legal tender, though private firms can accept it as payment and they will do it. If this happens only Bitcoin will not be the one which will be the highly used currency as of now. |
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When it comes to BTC coins, it will be the strongest penny this year and forever, BTC will go to the moon at the end of this year, many people predict and now the purchasing power of BTC is increasing. over $ 8000 and I know that they will continue to increase.
apparently you have long looked at the market. I do the fact that for today the price for Bitcoin has again dropped to 7 750 dollars. Such a decline may again indicate a bad market condition in the near future. I think that predicting in this direction will be something very difficult. Market will be acting like this till maximum October. People will buy and sell and it will rise big and dip big as well. At the moment its still tough and just a mere speculation if from now it will rise to all time high or not. |
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