If bitcoin have regulation by government I think crypto bank at the future will come true, when bitcoin still illegal and not allowed by government crypto bank at the future is bullshit, just dreaming looking with bank have build by crypto at the future, we need government want to allow bitcoin and crypto first before we can build many big think with cryptocurrency.
whatever will happen for the development of cryptocurrency all depends on the government if indeed the government has legalized cryptocurrency, of course the development of cryptocurrency will be more rapid and of course will automatically form banks that use cryptocurrencies and it is needed by the times and technology and especially in the economy and the digital age will soon be realized Government control or regulation will do nothing for the development of this market, one of the goals of some cryptocurrencies is to stay away from government regulation. Besides even if governments tried to regulate this market they will fail since they have no way to control what it is introduced in the code and even if they tried to regulate that as well they have no way to make us accept that modified code, then it is a good idea to forget about the government as an agent which will help the development of this market. |
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Store value is really not that important when you think of what other things could be done with bitcoin. We are talking about a currency here not gold, gold is not something you can just go to a shop and use, bitcoin is like that. it can be used as a medium of exchange, but think about it---bitcoin is the first asset with a known, finite supply. it has a level of extreme scarcity the world has never seen before. such a limited supply makes bitcoin ideal for storing (or growing) value. that's what makes bitcoin so attractive. if it were just another digital payment rail, it wouldn't be very interesting. gresham's law suggests that bitcoin would be hoarded rather than spent given other weaker alternatives like fiat money. so it lends itself first and foremost to being a store of value. This makes me wonder if we are ever going to see bitcoin being used massively as a currency all over the world? As you say bitcoin has characteristics that makes it very suitable to become a store of value, maybe we are going to see altcoins like litecoin performing that function while bitcoin is stored very much like gold and only whales and powerful institutions hold any significant amount, or maybe bitcoin will become the new gold while the rest of the population keeps using fiat. |
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Because of what happened last 2017 we thought the history will repeat itself so many investors are hoping for another bull run since we are in the 3rd quarter of this year.
Learn to analyze the market and dont depend on others speculation, no one can accurately say the next thing for crypto. Bitcoin halving would be next year, few months to go and we'll see if will create an impact to crypto as a whole.
Investors are doing everything they can to make the market to go up and we are seeing this in the current growth of bitcoin but the rest of the market stayed more or less the same and since then the price has been going down. But I doubt we will see a bull run on the final quarter of this year, the conditions are not there and despite the efforts to try to support cryptocurrencies the market is not ready to go up, and we know that if the market does not go up for some time it will eventually begin to go down as investors get their money out of the market. |
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One thing I am sure, it will not go as deep as 6k.
It might stay to 7500 but that is still in low possibility.
8k to 8500 could be its best rotation and it will not go much under those number.
We are too deep if we compare it to the price of bitcoin for this year.
Should have been at least 10k by now and fighting for that 12k once again.
The price is now below 7500 after a bad day, for what I have seen in the past markets have a tendency to move much more than what it seems possible and this is even more true for a market with a high volatility like this one. I will not discard a price of 6000 for each coin, it may not last long but it could definitely happen and when it does we need to take advantage of it since it could possibly be our last chance to buy bitcoin for such a cheap price. |
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Banks may not respond at all to the emergence of cryptocurrencies and nothing will happen to them, because the banking system is fully protected by the state. However, banks will use cryptocurrency in the event that it is beneficial to them. With the advent of cryptocurrency, banks will lose a little in the number of their customers and nothing more. However, they will have enough work and they will receive no less profit.
If this was true then banks will not feel threatened by bitcoin and many other cryptocurrencies, they know very well that bitcoin is superior to them since it allows each person to be their own bank. What we do not know is what they will do to try to still be relevant, and what comes to my mind is that they will try to deceive people into not adopting cryptocurrencies, which is what they are doing now, but once that fails they will adopt cryptocurrencies assuring they can take better care of your coins than yourself. |
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It is a very personal decision, somebody is happy to gain at least several percents, others are holding crypto till they make x2. Right now it is better to hold them, because it does not make any sense to sell coins on such a market.
This is such a huge mistake, you can hold bitcoin and other popular altcoins, but holding anything else without a plan to sell them if they go in the wrong direction is not a good idea, it is not rare to find coins that crash completely, why hold your coins when that is a real possibility. If the coins in which you invested go down get rid of them, if the project crashes do not crash with them, it is way better to have a small loss from which you can recover quickly than a huge loss from which you cannot recover. |
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Are you looking for the right ICO marketing company that could give you huge returns in the shortest time? What are the attributes of the best ICO marketing company? Are you choosing it right? Learn it here. The ICO market is already on its final breath. This kind of tips should have come earlier. It is too late now. People are already scammed, investors misled, projects gone after raising millions from ICO, partnerships burned, and the entire crypto community tired, exhausted, and disappointed. Well, let the newcomers in the market be given heads up in case they were not able to hear the loud complaints the old-timers had against ICOs. Could not have said it better myself, it seems that lately there is some desperate effort to save icos from their unavoidable fate but it will not work, it is too little too late, scammers have taken advantage of investors in such an aggressive way that all confidence has been lost. The ico market has to come to an end, no one that has been in the market during the last years is going to once again invest in any ico because they know the chances they get scammed are almost 100%. |
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If it were possible to easily determine the prospectivity of coins, then all cryptocurrency users would be rich, and bad projects would disappear from the market without a trace. But unfortunately this is not so. To date, it is best to invest only in the highest-rated cryptocurrencies, such as Bitcoin and Ethereum, as well as in projects that already have a real product, such as BNB, and also show real potential in the future. I would like to mention the Ripple coin, which, despite the current red market indicators, still shows a very good trend, and all this is due to the fact that the Ripples are attracted to new development opportunities. Today, Ripple is interesting primarily because new partners have appeared who work with one of the world's largest developers of financial services software Finastra.
And in turn, this company is a partner for more than half a hundred leading banks in the world.
Very good advice but very few people will take the time to hear it and apply it, I'm going to be very direct investors are looking for profits and nothing else they do not care about the future of the project in which they are investing, they want money and they want it now. It is such a shame that kind of thinking has taken over the market, but I cannot change it and if they do not want to buy established coins then that is even better for me because that means I have less competition. |
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Ethereum is fighting on the line after its recent Bearish trend, after a long-continued Bullish trend previous month. Ethereum which is globally designated at #2 in the cryptocurrency market is trying to pull itself back to the $200 mark. Read More: TheCoinRepublicLet the bears come. Let the bears come and exhaust their strongest force to the market, let every coin hit the lowest point. After they are done, the bulls will still take over and make the market much better in prices before the bears came. That is always the cycle. Bears are part of the market cycle in the same way that bulls are. In the larger picture though, the bulls are clearly the winning animal. Not a bad strategy and I am sure you can follow it but the issue is the majority of investors cannot do what you can, they will hold their coins and at the worst possible time they will sell them unable to cope with the losses they will get. But if you can do what you are describing then you can easily make many times your investment in just a few years as I am sure that while the price of ETH will go down in the short term it will go up during the next years. |
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I believe that Libra will never be released. There are many reasons that libra will die and so many powerful people do not support it. And so Bitcoin will not be affected by Libra
It seems Facebook was not capable to foresee the negative response they will get from the governments, since they have always gotten a positive response to everything they do since governments can keep a close eye to their citizens with all the surveillance they employ they thought governments will be happy with this as well. But they underestimated their response, governments do not like the idea of having anyone compete against them when it comes to money and Facebook is learning that lesson the hard way. |
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Some companies pay really big amount of rewards but still do not dump and they are still successful. I think its about tokenomics and teams principles. Some teams collect token from the bounty hunters so price does not dump at all. But yeah, %90 of the time people sell the tokens and dump the price, and makes that coin dead for a long time.
It is ridiculous to try to blame bounty hunters just because the price of a coin may be dumping, despite their claims developers only give a very small percentage of the coins they will create to bounty hunters, the ones that can truly affect the price of the coin are those that bought a substantial amount of them. And even if it was true that bounty hunters could affect the price of a coin to the point to make it crash then that means such coin was not really good to begin with and would have died anyway. |
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We are still waiting for an altcoin bull run to start. Every time we get some upwards movement, prices quickly pull back to previous levels. I do think we are set for a break one way or another. The longer we stay in a tight price band like this, the more likely it is that we will have a decisive breakout. The question is whether this will be downwards or upwards. It is support rather than resistance that is being tested at the moment, which suggests there is a lot of downwards pressure, which might make drops more likely than rises.
Longer-term, alts do look undervalued vs bitcoin, so I'd still anticipate an alt bull at some point - just maybe not yet.
It seems we got our answer, the breakout happened downwards, it is still possible the price will recover a little bit but it is apparent to me the market is going down once again. I know this is not what we wanted to hear, many where expecting for the market to finally recover so they could at least breakeven when they sold their coins, but that hope is over at least for this year and the only option for people like that is to keep holding their coins until the market finally recovers. |
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Is investing in Bitcoin SV will be more beneficial as it haven't shown full potential yet or ETH will still be dominating in the time to come and should hold onto it ??
This is very easy if those two coins are your two choices then ethereum is by far the best choice, ethereum is at least an original project that is trying to do something completely different than what bitcoin is trying to achieve. But bitcoin SV is nothing but a cheap copy of the original and if it wasn't because it has bitcoin in its name no one will care about that coin, I know that my words sound harsh but I cannot avoid thinking that way. |
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People had been deviating from the original feature and whitepaper of bitcoin by satoshi, bitcoin is meant to be an online money system for peer to peer transactions however due to the high volatility nature of bitcoin people tend to use it as store of value, based on the higher rewards or returns, of course no one has to take blame for that because of the anonymity feature of bitcoin a lot of hodlers store it for a purpose while some substantial numbers of people trade it solely for profit making.
I have read that argument too many times and I cannot agree with it, bitcoin is money and you can use money for all kind of purposes and not only as a way to make the transactions among people easier. If you can speculate with fiat then it is completely natural we can speculate with bitcoin and as we have seen during the past years speculating with bitcoin can be very profitable then it is natural that one of the main uses of bitcoin at the moment is as a speculative asset. |
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Investing in different kinds of business and also in crypto currency can bring you more money and wealth. Being wise and hardwork is the key to success but I think being rich is not just having a lot of money but the important is satisfaction and happiness. Working hard to get more sustainable income is not enough basis of being rich man.
When a person thinks of someone rich most likely they think of someone with so much money they do not know what to do with it, but this is not really what it means to be rich for me, after all what it is the point of having so much money when that person is always on his office handling a huge deal of stress. It is better to have a lower amount of money but you have all the time in the world to enjoy that money, and few are able to reach that level of wealth and freedom. |
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The only strategy i can smell of is getting rid of your tokens once there is profits on them and wait for price drop to buy again, its a good strategy and yet patience is needed to be success with this strategy
But at what level of profits you want to sell? This may seem like an easy decision to take but there is nothing more painful than to sell your coins when you got a small profit and then see the coin in which you have been invested for a very long time go up many times and you got nothing from that growth. If you want to capture most of the profits a coin can offer then you need to device a system to help you with that because only using your intuition is not going to be enough. |
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I would advise you to choose ETH, in terms of marketcap ETH is far superior to LTC, it means ETH is much more desirable than LTC.
and soon ETH will develop the transition to ETH version 2.0.
LTC might come earlier than ETH but now there is more interest and demand than LTC.
so I will invest in ETH if there are only two choices as you mentioned.
Both are good coins but ethereum is by far the best choice, ethereum is going though a lot of updates that could take it to new all time highs when investors finally realize the value of ethereum has been too low for too long. Also when I see the performance of both coins and how much money I could have earned with each one of those coins then it is easy to see ETH is the superior choice, that does not means you cannot make money by investing in LTC it just means you will make more with ETH. |
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This is a little bit funny. While admitting that Bitcoin can be a store of value -- at least partially -- Mr Roubini remains adamant on his old position against Bitcoin, in other words nothing has changed despite his admission which can just be influenced by people he was with in that conference. Well, as they are saying, there will always be two sides to the coin and in any human innovations there will be people whose role is to warn of possible impeding doom if we continue the change we are into. I have a great respect for this man because he is actually making some sense in many areas and I think we should also give space for people like him as their inputs can still be useful. However, don't get me wrong, it does not mean we have to follow what he is saying.
So is it really partial or full?
What else he can do, despite the volatility of bitcoin it should be clear now that bitcoin is not going to disappear and when we add that in the countries in which the fiat currency has crashed bitcoin has been used by a small minority to save their wealth, then it is obvious that bitcoin is a store of value. I have no problems admitting that the volatility of bitcoin does not make it a very effective store of value compared to gold but it can still perform that function in the case of an emergency. |
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It is risky to invest in multiple altcoins, it is better if you will just invest in 4 altcoins for you to easily monitor your portfolio. Too much altcoins is really hard to handle so it is better if you will just buy few altcoins that are worth it.
Very simple advice but still true, I get the feeling that after a person reads a few books about trading he feels empowered and wants to make use of all his new acquired knowledge right away and that is a sure way to lose. It is better to start your journey slow, during the first weeks only trade one coin and learn the most about that coin, then after sometime you can add some more coins and keep doing that until you reach a number of coins that feels comfortable for you. |
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well, i dont believe that .
i just think with my logic, how people, or whales or big investor or whatever their name, will put their money to the crypto market easily without think first, or even if they think first, did they will think about consequence from their action ?
maybe mass sell will come from another side who have been waiting that moment.
just because end of the year will come and u think bull will comes too ?
or someone can explain me about bull run signal or whatever u call that, because i totaly think that just no more than wishfull think.
You describe it very precisely those that believe that a bull market is coming at the end of the year are not really basing their predictions on the reality of the market but on wishful thinking. It seems there were many investors which did not took advantage of the correction on the bitcoin price and now are losing even more when they compare their altcoins to bitcoin, they do not want to accept they made a mistake and the only way this changes is with a bull run. |
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