Even if bitcoin still fall, the way it is, people will still go for it which will make the price to increase.
Right. That's the opportunity for those that are waiting for a dip to buy. They are now seeing the firmness of investing to bitcoin as a store of value. If they miss it out, they would be buying it at a higher price. Regardless of what people say about bitcoin being a bubble. It will never change the fact that we're now looking forward to see another ATH and for the most awaited part of it is to see it goes $100k anytime soon. |
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Thank you all for your answers.
It answered my question and also showed my now that running stablecoins or altcoin tokens on an blockchain like ethereum is not good for an average consumer.
Having and maniging two coins for one is not very user friendly.
For people like us who do research daily in this kind of topics and are in general well aware how those things work its easy.
But not for an average consumer and with that its not ready for mass adoption. Among many other more significant reasons which are present in the whole digital currency eco system today.
Im also not surprised that basicly the whole volume and usage of Tether is for speculants and traders.
Which I'm not saying is bad but it would be nice to see it also useable for everyone.
But other and better solutions are on their way.
It's just plain that you have to pay for the gas fees for you to transact and send any tokens that are running through Ethereum's network. There's not that much of technicalities on it. But if you think that it's not for average person, you're right. People have to learn about gas fees and networks about their tokens. The problem today isn't what you're saying about owning two coins at the same time. What most of the people in the crypto space are problematic about the high fees in Ethereum/gas. |
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How can you not own at least a bit of the best performing asset of the past decade?
That is because of the fear that other people feeling about owning bitcoin as an investment. Lack of knowledge and ignorance persuades them to not own at least a bit of it. It has a history that they knew about and chose not to get involved with it because they have understood it as is. They don't want to listen to anyone explaining that bitcoin is for every transaction and not only with the past that it has attached on it. Others just chose not to own any of it, they find it expensive and doesn't understand that they can own it in decimals. 8. Scarcity is important
We have never had a truly scarce currency. From this perspective, the number of millionaires (46 million) is twice the number of Bitcoins (21 million). Before everyone gets in the car, it might be wise to buy some.
This what it makes it precious these days and for the upcoming days to come. 21 millions in total supply but it will be fully mined until estimated 2140 and also count the lost bitcoin's forever which adds value to it being more scarce. |
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They're the same as other wallets that have integrated exchange but for them, it's better because it's a built in exchange and it's convenient for most of their users to use their exchange instead of transferring it specially if it's Ethereum to avoid higher fees. Has anyone gone through their KYC? Will you actually try this, on what basis?
I haven't and I don't think that I'll get on them passing KYC. But if it's about diversification, it's a good company though knowing that they're very popular as a wallet but instead of investing on them, I'd rather hold bitcoin. |
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To have an idea, go to the losers. If you are not yet good with those good altcoins that you have then, you can have an idea for these type of gainers and losers for the day/week. https://coinmarketcap.com/gainers-losers/PS: DYOR. Yes I normally do that, but it's not easy to choose  I was looking more for a possible "sleeping giant", since the investment it's little...hard to find something looking at day/week losers. Hard to tell about that description for every coin. Because if we're looking for it, many of them can be one. Just observe what are those gainers have been doing, they're not common and we barely see them getting stable. That's the reason why we're barely going to see one by just looking at them and research is needed to understand if its market can be good as that description that you're looking at. |
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Dev Team is currently fixing the lang glitch.
That's just a basic problem in the website and it should have been fixed quickly and easily by your devs. Well, if there's some problem that's taking them wrong, you should improve your response time. Nope not GBC, he is talking about other casino platform.
Ahhhh, okay. |
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I've also noticed this on the language drop down menu, they should fix this soon. Be aware of investing into their coin.
This whole casino is based on a widely-spread sold crypto casino software which has its issues if not sorted out correctly.
I would be super careful investing into their coin. Don't be naive. There are dozen of sites with this script and almost every single one of them doesnt work properly.
I lost 0.1 Bitcoin investing into the same script and got obviously scammed after the casino went downhill after some bugs.
Also a little notice and hint for the OP:
Writing everything in caps doesnt really raise a lot of trust or attention, it has the counter effect you are trying to achieve.
Is this the GBC that they accept together with Bitcoin and Doge? Refrain posting in a row if there's no other comment that you have to reply to. Merge that in one post. |
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To have an idea, go to the losers. If you are not yet good with those good altcoins that you have then, you can have an idea for these type of gainers and losers for the day/week. https://coinmarketcap.com/gainers-losers/PS: DYOR. |
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I'm sorry for those crypto folks living in Nigeria. This is really sad that the government stops you from getting help to survive and help through cryptocurrencies. We may need some services from the bank but I'm sure you'll find a way to replace them.
Why don't they look to the feedback of their people that have been experiencing good fortune and life trading and relative attachments to cryptocurrencies?
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Honestly, I've missed looking at it live. So I have to go and check the charts and yes, it did reached $50k. There were a lot of orders that has been filled on that price and what I'm still looking at it positively is the drop afterwards.
It has dropped to $48k-$49k and we're still in good terms. Unlike before that whenever we see those ATHs, the next scene would be a devastation and disappointment that there will be more than 20%-50% of drop. But a while ago, it's not.
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I will share a technique, when you are betting in sports although you know all the teams or fighters that are playing, just limit the number of bets you'll make, the lesser the better as you can carefully analyze the game and that you can make a very good decision.
You decide how much to bet if you have done carefully research and analysis for the upcoming match including the players and if there are some news that have happened before the game. If you're comfortable with the research you've done and what's showing in the news, you can bet as much as you want if you think that you're confident with your basis. And you're hitting a jackpot if the odds for that team you have found have the upperhand and has a good odds for it and that's favorable for your bet. If it's more than 1 for the odds then you really know what you do and that's the advantage for doing research and creating analysis for every match you bet on sports. |
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It won't take over Ethereum.
That's a dream that won't come true. We know that bitcoin cash doesn't have the same community as other altcoins that are fun. It's more of this coin is still fighting for its label as the bitcoin.
And that doesn't like by most of the people in the community and it's better to stop thinking about it being a coin that's high than others.
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That was just a glance of $50k and that's what happens most of the time. We get a glance and after a couple of days, it will go back and becomes stable.
Yup, no need to panic. Bitcoin as usual, resilient.
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I have always learned that patience is the key to success and it pays off when you can hold longer. A friend of mine told me few days ago that if I would have kept eth till now that I bought for $1 a coin in 2015 and had 100 coins, it may have given me 1000x in profits but I sold it for $10 per coin in 2016, so no 1000x for me but just $1000. Trading costs time, very long time because these assets were worth nothing because no recognition was there, and now cryptocurrencies are seen everywhere.
You still took the profit by that time. It's just we will never know what will happen to the coins that we've bought but if you have gained already on that coin, it's for you to decide if it's time to sell or you're just going to keep it and think that it will grow as the others that have grown that much today. Patience is part of investing for both investors and traders. But traders are losing it more whenever they have a certain goal of profit within a day. And being successful defines you, how much patience you've put into it. |
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Chasing losses: This is the worst one for me personally. When I lose, I tilt (goes for poker too). You cannot win chasing losses where you bet because you are pissed and want to get your money back. You can get your money back but it might take a couple days or even a week. The old cliche is true, this is a marathon and not a sprint. Don't tilt.
This is the most common reason why we lose. When we gamble and we lose for the first, second and nth time, there's only one goal that we all want to do. And that is to take back our losses and play again. It keeps going and going until we will not realize it quickly that we're losing. This is for most of the games, dice, sports betting, poker and other casino games that are fun to play but when we have this mindset, it's really making us lose a lot. |
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~snip~
And in the first place, no one can tell you if there will be pull back and when, and how much. But it is true, the rise is not forever, so expect there will be correction along the way. But right now, I don't think we are in the pull back stage as we are hitting more than 49k as of this moment. So for the OP, no one can exactly tell you what will happen in the next days or months. You will only hear speculations from different individuals, but that's all there is. There's a bit of pull back that happened and it wasn't felt at all because the price gets back to $48k and then gets stable to $47k. Not just on the forum that he'll read about speculations and predictions to the market. But if ever he goes in other platforms and forums, no one can tell him exactly which is going to happen about pull backs and other set backs for the market that he's following. It will not be a surprise anymore if bitcoin gets to $50k. |
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Bitcoin is still considered as a new type of asset and that's why people who are into investments are not willing to dive in on it because they're careful and only knew about traditional investments.
But as time gets in, there are more and more people that are willing to take risk and thanks to those exposure from the media and known personalities who are giving their thoughts about bitcoin.
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Well, these gambling sponsorships are the ones that interest more players to play and even makes the league better. As far as I know, the whole league has this huge profit because this gambling sites contributes to it, it is their massive contribution the reason why this league is also having a massive profit. Why would they remove that?
Since there are a lot of rich people that gains from this, I also think that this will not happen.
Sponsorships from gambling services or websites are bringing contributions to one's team. With the easy type of sponsorship for these clubs, they don't have to do that much yet they get money just for the exposure. They don't want to enforce gambling and being viewed by their audiences but aren't they aware that there was a lot of sportsbooks that are putting their leagues and matches to have something to bet on? |
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Looking at the old Portfolio.. I am not stupid enough to sell because of a few red bars..
Good for you then. Will this usually pull back around 20% - 30% and fire back up?
Just always remember that it's not a going up forever sequence. It has to correct and it has to dip somehow or a pull back is always necessary. You don't expect an unstoppable increase but with small dips, that's making it better if you're a bullish guy. But to see if there's a pull back now, I don't see that there is. Bitcoin just got into another $49k ATH. |
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The comparison from the last bull run and today's are no longer viable. They really have a different run and we could see different variations and signs if this bull run is about to last. But I get your idea of the what-if so that we can have a sign if it's about to sell whether it will be the last turn for this bull run.
But to look at what happened for the past two months, bitcoin just proven that it can break higher barriers without any struggle.
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