~snip~ Looking closely at coinmarketcap.com as of this moment, everything's in red.
that red that you see is only a small reduction and only temporary because what i see is that btc and other cryptos were now recovering , btc is the biggest gainer of them all . now the price is getting stable . i just hope that this can continue until the year ends If a positive move like this continues until the end of the year, it seems that at the end of the year bitcoin may already be on the moon. I just want to wait further and hope there is no big correction that will happen maybe in the next two months, if the price of bitcoin is still struggling under $5000 in that period, then I'm not sure bitcoin will reach the moon this year. We cannot expect continued growth of bitcoin till the end of the year. There will always be fluctuations in the market. With bitcoin it is good to have growth with ups and downs, which lets earn good through trading. I'd suggest it to be a manipulated growth if something is continuing to grow without any minor price fluctuations at least on some time period. |
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I don't think so, because if I think of bitcoin as a bubble then I will go away, the market price is indeed unstable and can decrease or increase high, and I prefer to react with patience.
It is obviously not a bubble only thing those who keep on saying either does not want others to invest in it or they cannot invest due to some reasons and want others also to stay away from the money making opportunity. So understand and do you research and buy it. Yes, it's good to have a self analysis on the market and make an investment. Different people come with varied opinions on bitcoin. People who missed the opportunity to make an investment when the price was low and looking its tremendous growth state it as a bubble. This is people's mentality and for this I never consider it a bubble. Analyzing the growth will give an outline, but if one has got a fixed mind it is hard to change. |
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The market is indeed increasing and this has a good impact on the holders, there is more enthusiasm to look at the future. Bitcoin did get to the level of $ 4000 and again fell $ 3900, this is still a little pumping and for bulls, possibly in the month or next year.
market conditions are actually unstable, even very fast changes. even the price of $ 4k can't last a long time. however, little by little, prices began to recover. I believe in the potential of bitcoin. Bitcoin has got the potential to reach much higher value. Right now $4000 seems to be fast moving, the price hasn't sustaining above $4000. Today it has reached $4006, but suddenly has come down to $4000. It is getting hard and harder to break the $4000 barrier. Hope, a breakthrough is much required to reach the peak through gradual growth. |
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Here it is difficult to solve unambiguously, but I think that if I appeared in a similar situation, I didn't pay taxes to the state for what they have no influence and that doesn't belong to them. The meaning of bitcoin is just the same to limit us from government interference, which means it can not be taxed.
Yeah you can say that. but in some countries, the government has implemented rules for crypto, some local exchanges are required to pay taxes, and the tax is taken from our withdrawal fees to cash, I think we should be familiar with that at this time Yes there are countries that have implemented taxation of bitcoin upon their transactions. One among them that has made the taxation in a stepped manner is Israel. The main objective is to tax considering it same as digital gold. For the transactions made within crypto weren't taxed, transactions involving cash out is considered and taxed. |
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More exchanges were in need as more people were getting into the cryptocurrency usage. People prefer different exchanges upon their own convenient. It is always good to go with trading platforms that has got bigger trading volume. Increased trading volume let's people make trade with ease. In recent days few exchanges got hacked, upon that the focus of users have turned towards decentralized exchanges.
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Some people think that strong feeling affect the outcome of your bet. But for me its all about luck., what do you think guys.
Your winning probability can't be caused by positive thinking but it helps you to keep playing in control. Although we all know that it's pure luck, a best gambler are those who are in control wherein they don't put greediness in their game. Agreed, it's your strategy that matters, you have to properly implement it together with your positive thinking. Everyone should think positive when it comes to gambling but they also have to be realistic at the same time, which they must device a good strategy to win. Luck alone, you have no chance to become a successful gambler as it will give you an edge over the others. (speaking about skilled based games) However we develop strategies and go with gambling the luck is the one that provides us with the edge in gambling. With positive thinking in gambling one will intend to spend higher amount than he normally spend on any event. Gambling is fun filled, until our positive thinking gives a good response. It turns opposite when loss happens. |
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I personally think that we're closer to the bottom than the top. Just like any asset class market cycle, I don't see the current bear market lasting forever.
It is almost the end of the ear and we have already seen in last couple of days that market has slowly but started to move upwards. If we can continue with this movement surely we will see the demand to start rising more in coming days and price will zoom quickly. There was a good price increase happening over the past few days, but this was struggling hard to move above $4000. Even after crossing $4000, it wasn't able to sustain for a longer time range. It needs to stand above and fluctuate within limited range, so it'll gain resistance to reach the next barrier. |
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I also have similar thoughts. If USA don't ban bitcoin right now and haven't done it years ago, the only thing that means USA either owns most of the coin supply or its development. I personally believe one way or another satoshi had his ties with the US government and his stash wasn't his own because there was a team behind that nickname.
Possibilities were there, we can also take this into another perspective. USA being highly technologically developed, they seems moving beyond other countries. In such a way they might have decided not to ban, also they're with plans of regulated usage. At present the the same it has got lot of restrictions on ico's, what does that mean. |
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It is clear that we are still far from being mainstream, but you must also factor out that some people might just withdraw all of their funds from crypto, or they use DEX. So it's quite difficult to determine exactly how much stored on exchanges (which is a good thing to prevent something like what happened to Mt.Gox or Cryptopia). In fact, this comparison is a bit off imo. A bank is created to store money, an exchange is for trading, so I will be more surprised if people use exchanges to store their money.
I think it will grow eventually with more adoption. It's more important to see how the adoption is rather than looking at how much funds stored in centralized exchanges imo.
Agreed, the same time people around the world using currency is much higher than cryptocurrencies. In this regard even when people have got their funds in their own wallet there will be a big difference between the exchanges that are operating for trading more than saving. One thing that makes the change is the adoption as you've mentioned. |
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  Gives an comparison between the wallet holdings of leading local banks with the largest cryptocurrency exchanges and the second image gives a comparison between the top five banks of UK and USA with leading cryptocurrency exchanges. The global trading platform of cryptocurrency lag behind 15 with comparison to the local banks, while these local banks hold over is 1000 times less than the top five banks of UK and USA. If I'm correct we're far behind the financial institutions and we need more adoption to have a competence, as of now the technology is the key factor keeping the cryptocurrency strong in the market. With this it isn't possible to go mainstream to make a change on entire system followed throughout. |
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What happens with the price in long run or by the end of the year is simply unpredictable. From the present market situation it has got possibility to reach the $10000 barrier. The price of bitcoin is not ready to be on $4000 from experts prediction. Maybe the barrier breakthrough will lead to drastic growth in a much gradual way. Price is all about the demand to the supply and this give value according to the prevailing market.
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It made me peek to the local boards of Vietnam but it's locked since 2017. Those countries that 'restricted' bitcoin will soon turn their tables and will announce that the people loves to use bitcoin and it is unstoppable so they have to adopt it.
Looking at the numbers where it is legal. People who have been doubting it will definitely be encourage to see this info. More legal countries means that more people who are trusting and using it, mass adoption is coming
As bitcoin is accepted more around the world, the cost of rejecting bitcoin will exceed the cost of adopting it. Bitcoin will begin to assume money’s traditional roles and gain institutional and government support. It will become all money and form the backbone of a new global economy. This continues and each halving creates big demand for bitcoin as the coins to be mined is very less in number. |
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Like myself, I guess many gamblers here are getting confused on properly understanding about what is odds and what its significance in deciding profit levels. (I guess on the event of loss, there will be no need of odds as there will be only zero payments, right ?). I just checked on wikipedia and found this: In gambling, the odds on display do not represent the true chances (as imagined by the bookmaker) that the event will or will not occur, but are the amount that the bookmaker will pay out on a winning bet, together with the required stake. I am just a dice gambler (precisely, I am a gambler only after adopting cryptos) and now want to extend my gambling into sports betting too. I have tried few dart and cricket betting and made profits too as per my friend's guidelines and honestly at those times I never bothered about what was odds. But, now I want to be independent sports better hence want to learn about odds. By simply skipping the part of "odds", will we able to make profits in sports betting like capability of predicting the winning team is alone enough ? Initially while getting into sports betting don't complicate yourself too much. We have got lot of much simple platform accepting cryptocurrency to do sports betting. The odds is the probability of the outcome. This varies according to the teams engaged in the game. If both the teams were equal you'll get equal probability, upon which you can find the multiplier providing almost similar winning. If one is big and the opponent is not that strong to win, the odds can be seen. In the multiplier getting varied with the strongest having small percentage of multiplier on the betting value and the small team gets big multiplier. This too varies while we are in live betting. |
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Not a chance, there is no possible way he is Satoshi, he is trying to claim he is Satoshi so he can get away with what he wants but there is no way of proving that he is. If he was Satoshi he could have simply signed with his account and proved that he is in fact Satoshi just like when Satoshi cleared the lie that he was dorian or whatever that old dude that was mistaken for Satoshi but he can't because he is not.
There is really no point on dwelling if he is because the longer we discuss if he is or not the more people will look at him like he might be and we are giving too much attention to him, just let him be whatever he is trying and not give him any attention so he would die slowly while nobody cares about who he is. I can claim to be as much Satoshi as he can, only difference is he has a ton of bitcoin to back him up.
Quite often someone comes forward claiming themselves to be Satoshi. Craig Wright being a very popular face holding big crypto fund claims him as Satoshi and some might believe if there isn't any discussion about the same. At least for that it is required to discuss about him. From my view someone has known about Satoshi, and even now he's communicating to the world through some personality. We cannot reveal his identity anymore, because there is none to pin point he/she is Satoshi. Also, if the real Satoshi comes forward and say I'm Satoshi it is hard to believe as none has seen him before. |
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With cryptocurrency who enters the market at the earliest will serve as the leader. In this Samsung is very strong with technology adoption as well supportive measures. From last year quite often we get to have news relating cryptocurrency and Samsung. Earlier it started with the manufacturing of mining chips, later the wallet, now once again it has revealed its inbuilt cryptocurrency wallet on the smartphone S10.
Samsung being one of the leading contributor in the global smartphone market each and every service added to it will be explored by its consumers. With this people who haven't known about cryptocurrency will also try to find what it is, and the same questioning will make them users of cryptocurrency. This way through different way it has been adding value to cryptocurrency network.
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A clear picture on the electricity consumption of bitcoin to maintain the network is provided in the article. Elon musk being a legendary person who has shifted from fueled engines to electric car production to reduce pollution and increase the efficiency has got known better about the value of electricity. When his thinks an alternate to fuel to ignite the car, same is possible with bitcoin as well. Continued search for it will give way for decreasing power consumption on running the network. If electricity consumption and the pollution generated through bitcoin network is to cause global warming, tesla products too isn't exceptional. Because higher percentage of pollution happens while making a lithium ion battery. Maybe it's a one time process, but this too is contributing.
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I haven't heard of the bitcoin price prediction by Tim when I was new to the bitcoin network. Later while the price was around $600, my friend suggested to keep it secure for a longer time period stating that the price will rise much high. I didn't had the mind to believe, but realized the truth last year when it reached the peak above $20k. If that's possible and the same has come from Tim's prediction earlier. Let's wait to see the reality of 2022-2023.
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This seems to be a way of promoting the trading services. People find it an opportunity to make trade through kucoin, and this will surely let them increase the trading volume of every cryptocurrency that's been listed to the exchange. Zero trading fee is really a good try, but the same needs to be lasted for a longer time.
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On every bull run I prefer holding the bitcoin, because the market keeps growing if it is a true bull run. To make an earning out of the bitcoin's bull run it is also good to buy when the bull run gets ignited. It is very hard to predict that particular buy point of bitcoin, so it is always good to invest a small amount regularly. It'll get a big return on the bull market.
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When the market was experiencing a low bottom bearish trend waves showed good signs of growth over the early days of January. Waves came into existence as an ico, but it's continued travel and the usage case has led it to reach top in the list. It is truly good asset for trading with big volume as there will be stabilized growth forever without large scale fluctuations.
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