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I believe many newbies in the topic want trading to be the same as a “regular-paying” job. It’s a mistake in my opinion, and that mistake will cause you to be inefficient with your capital, because it will make you sell early and miss plenty of profits.
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Trump has never been a fan of crypto. In August, he predicted that cryptocurrencies are “a disaster waiting to happen.” In June, he called bitcoin a scam that needs heavy regulation. He is right, cryptocurrencies ARE a disaster waiting to happen. Satoshi opened a Pandora’s Box, but it’s disaster to the legacy financial system, to the government, and to all those of intend to surpress freedom-loving people like us the plebs. What do we do? Buy the DIP, and?  |
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Is the current halving’s cycle peak delayed, or has the cycle been broken. OR this model has probably reached the end of its predicitive potentials? Because no predictive model will be accurate forever. The world is full of unpredictability and chaos.  |
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$50k is a big barrier to break and for sure everyone is very happy to see the price finally getting into $51k. But I don't know I have a feeling that his could be a bull trap and not a bullish sign. We still have the end of the year push though, if this price maintain this week, maybe $52k or $54k might be the final price for this year. So still very good if we can end the year getting green at least. And then we all look forward to 2022 and hopefully we can still go and reach new ATH.
It’s like that debate between looking at the the glass half-empty, or the glass half-full. In my opinion, the bull trap is actually an opportunity, maybe one of the last, to buy Bitcoin below $50,000. Before six digits. The glass is half-full. Yeah, others look it that way, they are afraid because they think the price will go down because it's a trap, or we remain bullish all thru next year and the price hits six digits. Plus if Bitcoin follows the same cycles since 2013, then 2023 will be another opportunity to buy the lowest DIPs of the next bearish cycle. If zoomed out, the bearish DIPs are mere corrections.
Still 50/50, but in any case, still a win win situation, if it goes down then grab that opportunity to fill your bags and hold for long term, simply as that.
It’s not “50/50”. Zoom out. |
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$50k is a big barrier to break and for sure everyone is very happy to see the price finally getting into $51k. But I don't know I have a feeling that his could be a bull trap and not a bullish sign. We still have the end of the year push though, if this price maintain this week, maybe $52k or $54k might be the final price for this year. So still very good if we can end the year getting green at least. And then we all look forward to 2022 and hopefully we can still go and reach new ATH.
It’s like that debate between looking at the the glass half-empty, or the glass half-full. In my opinion, the bull trap is actually an opportunity, maybe one of the last, to buy Bitcoin below $50,000. Before six digits. The glass is half-full. |
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OP, run a routing node for the Lightning Network. Earn a little Bitcoins through fees. It requires some technical skills and research, but there are people like Rath_ who can help you. Ask your questions in this topic, https://bitcointalk.org/index.php?topic=5158920.0 |
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I believe with Bitcoin still in its path to true price discovery, it’s impractical to currently use Bitcoin as a unit of account. Although that doesn’t stop it to be used as a Store of Value, and as a Medium of Exchange. Let the protocol run for another decade, then maybe Bitcoin will be stable enough to use as a Unit of Account.
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OP, another way to answer your question is another question, “where do we start to plot the chart”? If we zoom out, and start from the start, we’re still in a bull market, if we start from March, 2020 = another bull market. When did you start plotting? November? |
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We all want to buy from Dip but it is a difficult thing to get. I noticed that when the price of ether was only $72 I couldn't even hold it because I was afraid it might go down further. Now the current price $4000 now i thought it may come down even more. So when do I buy? For which I have to make a decision by doing market analysis and buy.
Fuck ether. Don't buy that crap. Furthermore this thread is not about the buying and HODLing of that shitcoin or any other shitcoin. From an investment standpoint, trading Bitcoin to hold a more volatile shitcoin would be practical, IF the trader wanted to sell those shitcoins back to Bitcoin to HODL more Bitcoin. Everyone should be allowed to learn the hard way. |
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It theoretically can. But a better question is — will it?
The answer to any question concerning price: no one knows.
But we can make calculated guesses. I believe we are currently seeing Bitcoin on strong support, and that it might be an opportunity to buy its DIPs. If you are a trader, not a HODLer, you can buy now, sell when it surges to $65,000 resistance. |
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Elektra supermarket in Mexico recently started accepting Bitcoin payments and is encouraging their clients to do so, as they offer a 20% discount when paying with it (until end of the year). THAT is the best incentive to convince HODLers/Bitcoin users to spend their coins. Because if it isn’t used as a censorship-resistant, peer to peer tool to buy Heroine from the Dark Markets, what’s the use? HODLing Bitcoin will be better, and use fiat where it can be used. |
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It all depends on the algorithm itself. If the developer of a coin wants to implement POS algorithm, you will be able to stake. For example, ETH is now a POW coin so you can mine it. But in 2022 (hopefully) they will be moving to POS mechanism, so you will be able to stake the coin and won't be able to mine it using your computing power.
What many people were hopeful about ethereum 2.0 was that people will be able to stake ethereum and also pay low transaction fee, but now still getting longer and ethereum fee is very high like nothing has been changed. Let us hope ethereum will finally move to PoS by 2022, but just that PoW is far better than PoS as the equipment used for mining are bought and help the companies producing the equipments to also gain unlike PoS that only deals with staking, also that electricity companies are also paid to produce more electricity, PoW helps in the progrey of these companies. But that high electricity consumption from POW mining has become a weapon for the environmentalists. Whenever the bad side of POW is discussed, electricity consumption and increase carbon emissions remains the top concerns amongst others. So I personally think that POS is far better than POW. This issue can’t be just a matter of opinion. The truth is far from your personal “opinion”, ser. Because you believe that POS “is better” than POW will not make it so. With all due respect, do your research before posting foolish things in the forum. |
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The same narrative repeated again. “Bitcoin POW is wasteful”, but in fact, POW the most ground-breaking part of the protocol. Cypherpunks before Bitcoin have tried to develop a censorship-resistant, decentralized currency. All failed because they lacked one elementary component = POW.
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OP, there’s actually a way to “Stake” your Bitcoin for earning sats, but it’s not as a POS consensus mechanism. Provide liquidity in the Lightning Network through opening/funding channels, and being a routing node. I believe if Lightning usage increases, and the liquid channels become more in demand, fees in Lightning will increase.
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The supercycle theory as formulated by Dan Held is not going to hold true, at least not this year. We should be clearly higher in price. This is not to say that the theory does not have a certain logic (as they all do) and that it may happen in the future.
Can you show a chart showing a super cycle by Dan Held? Because a super cycle should be the bull cycle of Bitcoin from the very beginning like this chart, https://bitcoin.zorinaq.com/price/“At least not this year” is a wrong phrase in talking about the super cycle. It’s either still happenning, or not anymore.
As for where we are, we are in uncharted territory. No one quite knows what is going to happen to the price in 2022, what is clear is that the bitcoin price is behaving differently than previous cycles.
Bull or bear, Bitcoin is in a super cycle. Don’t believe me? Zoom out. |
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Sanctions are inevitable in this case. Russia and China can't expect they are going to keep their deals in secret while still maintaining the harmony with the rest of the world, especially with the occident. USA won't be fool to let their main adversaries continue growing protected by a bilateral p2p agreement. Understanding the analogy, bitcoin itself isn't the problem for people like Putin and Xi Jinping. For them, the problem is that bitcoin is open and free for everyone to use, doesn't matter who you are, while in fact they would like only themselves and their allies should have access to it.
Then they should know how a powerful tool Bitcoin can be against censorship-resistance if everyone has access to it, but does China truly understand? Because if they did, I believe they would never throw their advantage in the industry by banning POW mining, and trading. |
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Getting dip is not so easy. where you find the dip? Where does it end? the last dip is possible? And if you do not get it can not be traded? You must be tired of searching for the answer to this question. Therefore, it is appropriate to trade by market analysis. The time when the price dumps in a large value is deep and then if someone buys then he will definitely be able to make a good profit.
Hey guys you already got dip because cryptocurrency market now on dip situation. All cryptocurrencies price now on red cancel situation on the trading chart 📈 indicator. So you can invest in this moment if you wish. Right now the market is experiencing a drastic decline and there are no visible signs that the price decline will end soon, The signs are currently visible that it might be ending.
the cryptocurrency market continues to fluctuate and it is not uncommon for price corrections to occur suddenly and make some of us have to be patient to enter, I personally will probably wait the drop hit its lowest point this month before actually getting into the market and buying up some cryptocurrencies.
In the zoom-out-scheme-of-things, I believe you do not have to buy the “perfect DIP”. You only have to be ready to buy again in another large DIP to lower your dollar cost average. |
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BREAKING: Putin and Xi agreed "to set up an independent financial infrastructure to service trade between Russia and China" which will be designed to be "invulnerable" to "pressure from third parties."
BREAKING: Satoshi Nakamoto has already invented what Putin, and Xi’s independent infrastructure to service trade between Russia, and China. Another way of saying, “we don’t want to be censored by sanctions”. I believe it was also China itself that has proven that Bitcoin is invulnerable to pressure from third parties. . Putin and Xi in no way want a currency that is outside of their control, because it allows any of their subordinates to escape their grasp with much lower consequences when they cannot control a persons individual finances. What these two really want is to disconnect from using the US dollar as a reserve currency because it gives America great leverage over them in economic sanctions. However realistically the economy of Russia has very little to offer China outside of national resources and the ability to potentially sell them land in future (highly unlikely). China is always looking to get an advantage and will happily take Russia's resources at below market rates, the majority of the money of course will end up in the hands of Oligarchs instead of the state treasury. Do you even understand how Bitcoin as a protocol works? I doubt you do, given that you believe it is misinformation. Plus you say it’s “wishful thinking”? Isn’t it true that Bitcoin is here now, and ready to be used for censorship-resistance, and safe/secure against third part attacks? |
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OP, a SUPER CYCLE. Open a weekly chart, use Bitstamp, it has the longest historical record of Bitcoin. Choose 200 Simple Moving Average as an indicator. If Bitcoin crashes under that indicator and never returns after a significant amount of time, then the current super cycle is broken.
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OP, your title can also be, “NO, a Totalitarian Government can’t censor Bitcoin miners”. Give the people enough incentives, and they will do anything to be incentivized. The Chinese government’s ban merely made it more difficult for themselves. |
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