BTC fails to dip below $6,600 effectively, if you’ve learnt to use my theory of selling at breakthrough point, decent profits should be easy to make. Take a look at hourly chart:  BTC has been remaining supported at $6,600 in the past 3 sessions, volumes obviously shrink today, making the dip below $6,600 not an effective breakthrough, or we can say it’s fake. Later, an upper shadow just brings price back above $6,600, bulls are temporarily guarding important levels and lack the momentum to initiate a reversal in trend as volumes remain low. The minor bottom formed at $6,600 is expected to witness an oscillating rally, which is believed to lengthen the period of downtrend, if price manages to hold above it.  As mentioned in my previous analysis, strength of such rally will be limited, making it possible for price to remain above $6,600 in the past 3 sessions. Volumes during current uptrend remain insufficient, indicating that the range of a short-term rally will be small. $7,700 will be the ceiling for a rally as bullish momentum is limited and the overall downtrend remains intact, making it profitable for daily traders. Original by Kuang Ren, translated and posted by AICoin Jami. It's definitely an interesting analysis, I take your hat off, however we still can't be exactly sure on whether or not it's accurate. I really do hope that it does recover and surpass $7.700 soon, since I've bought at $7.500 and the price is currently still falling down to $6.600, which is depressing. Honestly, it's quite tiring. |
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The price of bitcoin has rallied at the beginning of April after suffering significant losses in March, as positive news in the cryptocurrency space has encouraged investors.
The volatile cryptocurrency’s value has shifted wildly ever since mid-December - when it hit a record high of more than $19,850 (£14,214) - with frequent heavy drops and speedy recoveries. Its price plummet back to earth in January and February, as governments and central banks around the world raised the spectre of future regulation.
Bitcoin’s value plummeted again shortly before Christmas, dropping by almost $2,000 (£1,449) in just an hour at one point, and almost slipping below the $11,000 mark (£7,970).
It then bounced back, before tumbling again in mid-January, recovering again, and plummeting at the start of February before levelling out for the rest of the month.
March saw bitcoin's price drop below $10,000, reaching a low of $6,500 before rebounding above $7,000.
And now, where is the bitcoin price going next?
Yesterday, it managed to exit the bloodbath for the day and reach $7.450~, only for it to crash back to where it was the next day, it's currently at $6.800. I think that it's probably going to settle at $6.500-$7.500 for the next few weeks, or even months and then a serious effort of recovery will be made. The market is highly volatile right now, I am quite a pessimistic regarding anything positive due to happen in the near future. |
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Bitcoin price has dropped significantly since beginning of 2018. This is an opportunity to buy bitcoins and sell later as expects project the price to hit $20,000 late this year.
You seem pretty optimistic about the price surpassing $20.000. I do doubt that it does to be honest, I am quite a pessimistic to be honest, after seeing all this bloodbath, I'd be even satisfied if it ends up surpassing $10.000 again. Realistically though, it's a great opportunity to buy now, I do believe that we're near rock bottom now and the price won't drop any further, at least to a great degree. Thus, let's get the money rolling! |
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Free Signal for people losing hope: Bitcoin is about to go upto $14,000.
If you are selling, dont sell. Hodl is the key here. Reap the benefit of waiting. For those waiting, invest now, buy buy and buy.
Dont listen to any negative comment below.
Seems to be again a arong prediction. The market value somewhat increased recently but eventually and after a day it again fell down below 7000 usd. The market is really volatile so I think, selling is not a necessary thing to do. It is more advisable to hold and wait until the end of this year where "true" increase in the market is expected to happen Wrong/irrelevant prediction indeed. The market pumped for a whole, yesterday, climbing up to $7.400 and then slowly crashing down to where it was, at $6.800. That's the reason I don't believe in any of those predictions or so-called insider information. |
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$600 will decide the fate of Bitcoin. If Bitcoin survives, it will be just a low level speculative asset and it's price range will be $600 to $1000
Bitcoin went up from $1 to $10,000 in 9 years (super-hyip)
Any evidence or facts to support your claim? Because I highly doubt that you actually know what you are talking about. What you are saying is hardly even possible. Also, you must check the definition of Hyip again. |
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i think Bitcoin is only profitable if done at large scales. you must get expensive mining equipment and of course it consumes a lot of electricity monthly. Also it’s usually much more cost effective to buy Bitcoins with this money instead of using it to buy mining equipment.
The costs to start a "business" like this are immense, starting from the hardware, to the electricity and maintenance. If you are an individual who is actually looking to make money, you'd rather buy Bitcoin rather than invest $1000's in equipment. If you have no goal in supporting the network while earning only a small amount for each share/block you mine, you'd be better of with buying/selling. |
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I am pretty much interested to know how many people here uses bitcoin because of it's system, because of the anonymous and the security it provides, and because of the fact that it is really easy to transact over the internet, and there's no one who can just block your account(unlike paypal, a platform that provides an easy way to pay over the internet, but you rely on PayPal to keep your account open).
So, are you guys using bitcoin because of it's nature, or because it's a financial tool of making money?
I wouldn't use it at all. Bitcoin doesn't interest me as a currency, in terms of using it in my daily life, paying for taxes, shopping and so on, I also doubt that there are many who actually do that. The only purpose here is to make money, at least for myself, trading and holding, taking advantage of dips and selling at a higher price. I don't really mind the anonymity, since I am not involved in any activities that do require it, thus, it's only an asset for me, similar to gold. |
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Seems like today has started to shine, the market has returned to green, with BTC having a positive 5.82% 24h change, currently priced at $7.440. I really do hope it does continue like that, today has made me a bit more optimistic about the market levels. It was quite disappointing to buy at $7.450, just to see the price suddenly crash hours later.
If all goes well, I will consider selling later on at a slightly higher price.
Well, this is bound to happen sooner or later and I am very glad that at least the market has shifted enough that we can at least regain some of our confidence back. This is a great timing for us to be able to look back and see if this is a great way and time to sell or hold a little more and see if the price would go up and that this trend continue to rise. Everyone of us has been nervous with how the dip in bitcoin has affected us and this is a welcome news indeed for every bitcoin user Definitely, but it's still worrying to constantly see the market in the reds, I was actually starting to worry about my investment. I both hold some BTC and trade some other, thus, I was actually a bit cautious about my trading funds lately. |
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I have been noticing the fight amongst these two communities for some time, so I took time to make some research to check which coin is worth more attention and investment from my side. There has been a lot of criticisms of Roger Ver for "highjacking" Bitcoin etc but to be fair when I looked deeper into the problem, Bitcoin Cash is everything that Bitcoin was trying to be. It has faster and cheaper transactions and more helpful community (reddit). I have decided to prefer investments in Bitcoin Cash rather than Bitcoin from on.
I'm wondering what your thoughts are guys, please let me know in comments below
I am not actually a supporter of any of Bitcoin's forks. However, BCH was quite a successful one, at least comparing to Bitcoin Gold, which in my opinion was a pure failure from scratch. I only support BTC and not some copy-cat Altcoin with a similar name, I don't find BCH bad, you are free to choose it for your investments or whatever, it reacts the same way with the rest of the market (When Bitcoin rises, Altcoins rise too) but I doubt that there's is much room for improvement, since it's basically a Bitcoin copy, in terms of it overcoming other major cryptos, such as Eth. |
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Seems like today has started to shine, the market has returned to green, with BTC having a positive 5.82% 24h change, currently priced at $7.440. I really do hope it does continue like that, today has made me a bit more optimistic about the market levels. It was quite disappointing to buy at $7.450, just to see the price suddenly crash hours later.
If all goes well, I will consider selling later on at a slightly higher price.
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I am 50/50 on this. Is it a good chance to buy and we won't see 6k again or is it a huge risk and it might crash to 2k or even to nothing. Are people buying now or just watching and waiting. There does seem a big volume of Bitcoin changing hands today compared to the last couple of weeks. Are they buying or selling. Why has it gone down so much at the moment. So many questions and few answers. I think it's looking a very risky business at the moment.
I think it is actually a good period to buy BTC, at least that's what I want to believe. I actually bought some a few days ago, when the price was at $7.400. Theoretically, I'm at a loss now and waiting for a price recovery. If you can't afford to take a loss if something happens, just invest a smaller amount. I do hope a recovery happens soon, not really fond of checking the price every so often and feeling anxious about my investment. |
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I have a AMD A8 PROS. and GIGABYTE BOARD..can still anyone know better and advice
Your question is undefined. Provide more details so we'll be able to help you efficiently. I will try to somewhat answer your question though. From what you've said, the CPU is one of AMDs APUs, with integrated graphics, not much you could actually do with it, other than mine some CPU coins such as monero, which isn't really worth the effort. You'll have to buy a decent GPU/s to actually be able to mine. What motherboard are you using? If you are unsure about your specs, install Speccy and post a screenshot here. |
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If we look at the chart bitcoin have started to rise up again. It fell into the dip at 6200$ and now it has climb up again to 7k$. Despite the news of closing of exchanges on Japan and India the community are having smiles on their face when they see bitcoin climbing up again. Possibly this is due to the good news being circulated around about the new development in bitcoin. All spirits are alive maybe this is the sign we are looking for.
Is this the sign we are looking for or this is just temporary?
Seems to be stuck at $7.000 though, same thing happened after the previous recover, 2 days ago. I do doubt that it will continue rising tomorrow, due to it being stable at low $7.000's. Let's wait and see, can't do much rather than keep patient. I bought at $7.400 3 days ago, I really hope I don't regret. |
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 A Korean student has committed suicide after falling into a depression because of a big loss of money invested in bitcoin and cryptocurrency. A 20-year-old Korean student has been found to have committed suicide after falling into depression due to huge losses in bitcoin and cryptocurrency. The body of the victim was found at his home. The victim has earned 200 million won (about 200,000$) from investments in cryptocurrency. it's so sad. Rest in peace. What you've written doesn't make much sense? Did he lose $200.000? You can't really tell from the way you've written it. Is there any actual source of your sayings? Don't blame the cryptocurrency, all these types of investments, whether they are the stock market, bonds or crypto, it's gambling. It could have happened with any of those. |
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What exchanges would you prefer to see your crypto coin listed on?  I use Cryptopia for Token trading, since they list most of them there, a decent downsize is its withdrawal fee for BTC, which is 0.001. I used to be active on Kraken too, for most of my trading and selling but gave up on them after having issues with the Tier 3 account confirmation. I am now using Bitstamp, with a confirmed account and most if not all features unlocked and couldn't be more satisfied. |
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It appears the market started recovering today from one of the worse long-lasted corrections in bitcoin history. The bitcoin now secure the 45% of the cryptocurrency market dominance. what you have to say about that?  Didn't last that long, unfortunately. Today (1st of April) was a bloodbath again, fortunately the price didn't drop even further and somewhat sustained at $6.800-$6.900. I really hope the following week turns out better in terms of price levels. It's pretty tiring seeing the market constantly crash and making almost no effort to recover. There was a small recovery today, a few hours ago, to exit the reds, but didn't last and crashed back to its face once again. |
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BTC Overall, market sentiment was slightly down. Bitcoins prices continue to drop and there will be further increase in bearish pressure on BTC and altcoins.
I waited for the BTC price to drop that it had, Would that I was able to put some money into it now? I would like to have some comments here please.
Definitely a decent time to purchase, I don't think the price will drop even further, at least that's what I hope. It's been relatively stable today, at $6800-$7000. We could possibly have a small recovery really soon, in the following weeks perhaps. If I were you, I'd buy some Bitcoin, even a small amount would be fine. |
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Man, Ive lost it.
So much for the long-term thinking....
Ive lost all I care to loose....
Anyone else?
I sort of know your pain, I've bought at $7.400 and it still hurts like hell seeing it drop like that. I would strongly advise against selling now, that will be the ultimate defeat. There's not much to do other than wait for as much as we can. When investing, make sure you can withstand all this stress, anxiety and uncertainty of your capital. I knew it from scratch that my money could easily go down the drain. |
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Definitely, NOT! This is a multimedia PC, connected to your television to play movies, youtube and so on, something like a Smart TV converter. It doesn't have a GPU nor it can handle one in such a small case it has. You need a full-sized desktop PC in order to mine, ideally with a lot of slots for GPUs. This thing is extremely overpriced, the only decent thing on it is the CPU and the SSD, you don't need any of those for mining, you simply need some decent GPUs. Moreover, it's one of the worst periods to buy a mining rig, I could potentially help you with the parts, but if I were you, I'd wait some time before taking any action. Profitability is at its lowest right now. |
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Free Signal for people losing hope: Bitcoin is about to go upto $14,000.
If you are selling, dont sell. Hodl is the key here. Reap the benefit of waiting. For those waiting, invest now, buy buy and buy.
Dont listen to any negative comment below.
HaHaHa! April Fool's right? I'll have to doubt your claim, since April didn't start that well for Bitcoin, it's going down even further. It also goes without saying that you shouldn't sell at the moment, the market is a bloodbath and and any sale now is definitely losing you money. Moreover, anyone can make any bold predictions regarding the price, it will recover some day, but I doubt it will happen that soon. |
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