While this kinda news is good, I don't know why people always correlate these news stories with the increasing of price. We've seen some crazy amazing news about the LN, and other things crypto, when the market is crashing and then we've had some of the worst news ever while the market is surging. Buying and sellers move the market, news companies can only TRY TO SWAY PEOPLE.
I know people like easy explanations, but this isn't what is needed.
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There is a certain probability that gold and silver, in case of a severe crisis at all, will not suffice physically. And then it is possible that crypto coins will become very popular.
I don't know why people have this false sense about crypto that people are going to run to it in the time of financial disarray. Bitcoin, and the rest of the cryptos only get money pushed into it when people have the disposable income to throw into it, people need that sort of disposable income and investments into regular traditional investments to want to get involved in the wild west of crypto. People aren't coming here if the market fails, they're going to run if it does.
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Day trading isn't a skill; day trading is all luck. You may make money some days; you may lose some on other days. If you want to consistently make money, overtime, you're going to have to be in it for the long haul (this is in bitcoin, and it is in all other traditional investments, AS OF RIGHT NOW OF COURSE) Over the long haul, both crypto and all traditional investments make consistent gains per year.
Day trading ruins it and tries to put the skill on you. Which you shouldn't be trying to do. If the professionals can't do it, you sure as hell cant.
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While people think this is actaully going to happen, it's going to end with nothing happening. This is being used as a bargaining chip by the United States in a way to get the Chinese to change their stance on intellectual property theft, tarrifs on goods from around the world, and so on and so forth. The United States is in a wonderful position when it comes to fighting for things like this.
They'll be fine, this is just a little freaky for people.
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While people do think this guy has credibility, he simply doesn't. He's trying to pain bitcoin as a scam so he's able to push his own shitty coin, which is dietcoin, a coin with literally no benefit in the least which is only going to add to the amount of shitty coins in crypto at the moment.
This is some bullshit news. FAKE NEWS
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I mean I doubt they were the ones that were behind the ICO themselves, they were just going to sell the data to people that would want to start their own ICO. So I wouldn't say that they're targetting us, they're targetting anyone who can make them a massive amount of money. And in this day and age, with the amount of crazyness surrounding crypto, people would be able to make a good chunk of change BS'ing an ICO.
So yeah, this is normal in analytics markets.
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I used Polo a long time ago, probably about a year and a half at this point (that's a long time in the crypto world) For my recent trades, I've fully left Polo and have went into Binance. Though I haven't heard of anyone talking about Polo - the only time I do hear it though is people complaining about it. Is Polo dead? I know at one point it was controlling most of the market.
Talk about a fall from grace. From riches to rags as an exchange I guess
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There is no future without bitcoin, Bitcoin holds all the pairs, all of the trust of the entire network, everything. Bitcoin has the name rec with the everyday people (even if they know about it for silkroad reason - they still know it) Crypto needs bitcoin, and bitcoin needs crypto Can't split off.
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Pretty crazy to see this actually happen, I didn't think twitter would ever go ahead in removing Ver from the space which he has had such a holdover on twitter. Though I do have to say, in one way I agree with the ban -- he's not Bitcoin and shouldn't be saying that he is through his Bitcoin Cash shit. Though, he is being censored for his views on bitcoin -- at least this is what I got from it -- if someone else could find a reason from twitter then I'd have to reevaluate my view here.
Lets see folks!
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I don't know how you can quote a few hours and say the price is stable, makes no sense at all. Ok, the price is holding right now? But every day the crypto prices go up and down at about an average rate of (probably) 10ish percent. Crypto is still a massive volatile time, though no one is going to be able to predict when the bounce is going to come -- and stability before the time also doesn't mean a bounce is imminent.
Stop trying to time the market; it won't work.
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You can't fight the whales; you can't try to see when they're going to buy, you can't try to do anything that is going to time the market. I don't know when, but at some point, people will notice that if they want to make money in traditional markets (and for crypto, as this hasn't failed yet), you have to HODL. You can't go ahead and sell to cut your losses, just HODL and keep buying back.
That's the only thing which has worked to date, so don't try to reinvent the wheel with trading. Follow what has worked, and what will probably continue to work.
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Well you have to think about it in the fact that Circle just recently bought them out, so I don't think they've really gone through mass changes yet. Once they do though, Once Circle really hones in on making Poloniex like the support / service they provided for Circle, then they're going to be doing good.
You have to give it time, it's going to take some time but I know that Circle is a good company that will save Polo before it is fully eaten up by Binance.
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Even though I do understand your argument, I don't think it's true on the way that you're explaining it here. If you think about it, some big investors may see bitcoins potential - they may see that they're able to make a vast amount of money by investing in bitcoin at any time, I don't think they're going to have to worry too much about regulated Crypto if they simply use a service like BitGo / Coinbase and so on and so forth. Even if this is the wild west, even the wild west had some towns which were pretty civil.
We do need to mature as a market in order to get mass amount of investments, though I don't think we want that.
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Meh I wouldn't go on the futures market, I'd rather use a simpler service such as Bitmex -- they're pretty easy to sign up on (given that you're not from the US) and then you'll be able to short a good number of coins which the leverage (or not) that you desire. If you want to get involved with Bitmex, I'd suggest going here and checking it out - https://blockonomi.com/bitmex-review/ -- It's a good review on them with a guide. Goodluck with the shorting
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Well i expect that bitcoin will drop up to 4,000 USD. When that happens, It will surely bounce back to 7,000 price level.
We all know that we are at the correction phase. This bear market will stay for a long time. based on history, Bitcoin recovers in 3 years time after Mt. Gox crash.
I don't understand how people can make such outlandish statments like this just by looking at lines on a chart, You think that we're going to lose a little less then half AND THEN GO UP ALMOST 90 PERCENT? I don't understand how people can rationally think these things, it makes no sense at all. We passed the deathcross sometime ago, and nothing has happened. TA doesn't work folks.
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I wish that I knew about the market having a massive runup in January, I would've held my bitcoin when I bought it around $400 and sold it for 20k. But then again, hindsight is 20 20 and there is ZERO CHANCE I would've held through the entire runnup. Or I would've got greedy and missed the peak.
That's how it goes in investing.
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I'd like to see you guys provide some sort of ability for a trusted member to use your serivce, to confirm that the servoce ACTUALLY works and is competent enough. It's going to be pretty useless to advertise on here without that, as that's going to lead to you getting no service.
Plus, do you gurantee that your site is going to stay up for a long time? How do we know you're not just going to run with a month, or a few months money.
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Not true in the least, adoption is increasing yes -- and it will always increase. But bitcoin ISN'T EVEN CLOSE to becoming a currency which is very popular. Bitcoin may be at the top of cryptocurrency, but it is far down when it comes to the grand schemes of all currencies.
It MAY, but I doubt governments allow this.
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Well the address isn't going to be on the other network, so it shouldn't have been allowed to be withdrawn to -- but anyway, now that it is done it should simply reverse as the coins aren't going to be accepted/used by the other wallet.
It should go back without any issue, though it's going to take some time for the wallet to take the money back and say that they're able to use it again. Just be patient and explain this FULLY to both supports on the entire issue.
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No You are mistaken, in every market there is an analyst! There is a calculation, everything can be proved mathematical. There are many books you can read.
That simply isn't true, there is no way (mathematical or not) to prove what the market is going to decide. The market decides all, analysts know nothing -- brokers know nothing, no one knows if the market is going to go up, down, in circles, or whatever. And many books on what?
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