As Mark Hanna in the Wolf of Wall Street said, "Nobody knows if a stock is going to go up, down, sideways or in circles." I've said this time and time again, the price could go up, it could go down, OR it could stay the same -- not much going on, but that's how it works.
That's the only three, anyone who says they know more then that is trying to get you to do something or is an idiot themselves if they believe themselves.
|
|
|
Because the people in these countries have disposable income to be throwing into bitcoin, we have the money to be able to pretty much gamble on making some extra cash and speculating on bitcoin. Also, we have the institutions that are supporting bitcoin/selling -- such as Coinbase, Kraken, Bitfinex, etc. These aren't usually present in poorer nations due to the fact that the demand isn't really there for them.
So yeah, pretty simple reason.
|
|
|
Just so people do know, you are getting an airdrop in the coin that they're having an ICO on which is the BRD coin. I don't want people to think, as I did, that there is going to be an airdrop in ETH (as that made sense to me given the fact that they're adding ETH)
So yeah, airdrop is in BRD coin.
|
|
|
The entire market is going down, so it's not just like you can single out ETH and say that it's only them. The entire market is going through a massive downturn, massive amounts of money are leaving the market and people are scared.
Also, when the price of Bitcoin crashes the price of altcoins crash -- that's how it works. If the pairings were different, as in if the pairings weren't all bitcoin then maybe things would be a bit different but that's not the case -- that's something we can try to change for the future.
|
|
|
No one knows which way the market is going to go on crypto, no one knows if it's going to go up, down, or say the same. The best advice you can get from the experts is that bitcoin is going to be insanely volatile -- and that's the end of it.
Bitcoin the investment and bitcoin isn't the same thing at all, don't lump them together/.
|
|
|
I don't understand why people use these sorts of sites anymore when they have so many other better exhcanges which are present right now, such as Binance, Coinbase / Gdax, and so on and so forth.
Hitbtc is pretty shit, I don't see the reason for shifting to such a shady exchange when there are so many other better alternatives present.
|
|
|
I would hope these AML / KYC rules aren't just targetted in a way to mess with Crypto, they should be going after terrorism in anyway that they can but you can't say you're going after terrorism because bitcoin is helping it -- these terrorists would MUCH RATHER deal with cash then deal with an internet currency that is going to be nusiance.
|
|
|
In my opinion I think they are just implementing rules for security reasons and they rather use this kind of method to keep the public safety from Scammers, Criminals, Terrorist, And all illegal activities, that would use cryptocurrency as a method of getting money I really think they are thinking ways to surely get all these illegal set aside from the transaction of cryptocurrency but these will cause problem with privacy of certain individuals.
It's not this in the least, they're trying to ensure that they keep control over their currency -- as a much higher number of people (percentage wise) in China are using crypto, or were using crypto, than in the United States. So China felt as if it was losing control over their countries currency and that was a problem to them. So yeah, you can't frame this like China caring about their people -- that's not even close to what it is.
|
|
|
I think the big problem with a site like this is that people are going to be scared that you're going to take their email, sell it, and then give them shitty advice in a way to shill your own coins for the help of yourself -- the same reason why people don't like trading groups as they think they're in it for themselves (and more often then not they are)
What are you going to do to show that you're not like that?
|
|
|
While you are right, people aren't going to change their entire human nature just to be able to trade. People can't control it, their emotions are going to get the best of them because they're losing money -- it's like if you lose money gambling, or on the lotto, and so on and so forth.
Can't change this, you can only educate people on how to work within their emotions.
|
|
|
I mean yes and no, yes in the fact that they are usually right. Hodling is something that works in traditional investing, and (still) in crypto as of right now. So it's not like they're wrong about what they're saying, as they are still correct.
NO in the fact that it's just annoying to hear it. You can't expect human nature to not want to sell when things get bad, that's how people are.
|
|
|
They probably know when to buy, and when to sell. Cause I'm usually pretty bad at that, I'm one (of the many investors) that can't seem to find the tops and bottoms and always miss the boat on making money and cutting my losses.
I'm one of the people that buy when the market is going to have a downturn and sell when the market is about to start a bullrun.
SO yeah, they know how to do this whole thing!
|
|
|
Could you explain more about why you think rebalancing would be risky? Rebalancing definitely reduces risk.
Rebalancing surly it will help if you do it correctly but I don't agree that making money is so simple just create an account and link your account to trading account. If any such full proof methods are available then I don't think they will release such programs to the public instead they will be busy in making money from their trades 24 hours. If a person can't understand how market moves or can't decide which one to buy for short term then better buy good coins and hold for a long term to make a profit. I love how people still think that the 'good projects' are going to help them out in times of a market downturn. When the market is taking a shit, all of the proejcts are taking a hit and no one is going to care what the projects ambitions are cause they usually don't turn out coming to fruition anyway. Stick with the coins that are making money, not the biggest ambitions.
|
|
|
This had to happen at some point, as China has been putting tariffs on US products for far too long. They've been doing it and we've been leaving them alone without placing the same sort of tarrifs. We must be equal in what we do.
Makes sense, I'm happy this administration does this. Thank the lord someone cares enough to protect america.
|
|
|
And there is massive censorship in /r/btc as well. People want echo chambers, and both of these subreddits are going to appeal to both sides for their own echo chamber purposes. People like it, and that's whats going to keep the respective subreddits alive.
But in all honesty, it's just like the news. (CNN, FOX, MSNBC, and so on and so forth)
|
|
|
Rebalancing is something which would require you to have extra capital to toss at it. If the market is good you're going to sell some to rebalance, but if the market crashes you're going to have to buy mass amounts to rebalance -- and I doubt a lot of people are going to have the extra capital in order to do it.
SO YEAH, there is a better way for people to have the money-- but not for people that put in more then they can afford to lose.
|
|
|
Traders who like the volatility? That's the big player here, the big money that is coming into the market likes the big swings -- thats where they're able to make some good money as the weak hands sell and the traders are able to buy and sell at wonderful profits.
So yeah, traders (corporate traders) like imbalance.
|
|
|
Well that's the only thing that they're going to be able to use which is going to help them, if they were to accept crypto then they're just going to be shooting themselves in the foot. They're going to be asking to lose power, which isn't going to be something which is going to help them -- they're not going to willingly give up their power.
Cryptos are just asking for them to lose. Theey want to maintain control, like any government does.
|
|
|
Well the big problem is the pairs, all of the other coins are attached to bitcoin with their pairings of trade -- so if bitcoin is to crash the value of the rest of the coins simply crash with them with the pairing. If it was to mature that would mean that other pairings would exist and people would need to trust these new pairings -- as they wouldn't be able to check as simply as with bitcoin.
Who knows if it will happen on a large scale.
|
|
|
It'll come, due to the fact that other cryptos have done it before us so it's going to be possible on the bitcoin network. The big thing that is going to be the problem is the fact that miners aren't going to want it, and there's no reason for them to want the LN at all.
Who knows when it will happen, but I know it will happen and it will be the bitcoin that we REALLY NEED. This is what's going to bring bitcoin to the next level.
|
|
|
|