Bitcoin (BTC) could post new 2018 lows over the weekend, having found acceptance below key price support. Despite signs of a possible corrective rally seen earlier yesterday, the leading cryptocurrency closed below $6,000 for the first time since November 12, signaling a downside break of a major support (February low). While the bears had briefly pushed prices down to $5,755 (2018 low) last Sunday, a close below $6,000 had remained elusive. Now that prices sit below $6,000, the focus is back on the long-run bearish technical charts, which continue to call a move lower to $5,000. At press time, BTC is changing hands at $5,904 on Bitfinex – down 3.4 percent on a 24-hour basis. More... https://www.coindesk.com/bitcoin-faces-fresh-2018-lows-after-close-below-6000-support/ |
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After tumbling some 70 percent from its peak, bitcoin is reaching a point where even an authority like Mohamed El-Erian thinks it could be a buy. The chief economic advisor at Allianz, considered one of the most influential financial market thinkers in the world, said Friday that the cryptocurrency would be worth considering if it falls before $5,000. Bitcoin was trading around $5,870 as El-Erian made his remarks to CNBC's "Squawk Box." "I don't think you get all the way back to $20,000, but I do think that you need to establish a base whereby the people who really believe in the future of bitcoin consolidate and then that provides you a lift," he said. Bitcoin saw a meteoric rise in 2017 as digital currencies surged in popularity and dozens of competitors came to market. However, a number of obstacles, from continued stories of fraud to threats of a regulatory hammer coming down across the world, has caused a big pullback since a December price peak of more than $19,000. Now, the question turns to what is the future of cryptos and the shape that bitcoin and others will take. Where at one point there were more than 40 digital currencies with market caps above $100 billion, bitcoin now alone holds that designation, according to CoinMarketCap. El-Erian said cryptocurrencies likely won't be currencies at all but more like commodities. "I suspect that if you look 10 to 15 years down the road, we will have digital currencies but the public sector will have involvement in that. It will not be pure bitcoin," he said. "But the blockchain technology, take that seriously." More... https://www.cnbc.com/2018/06/29/el-erian-calls-bitcoin-a-buy-if-its-price-falls-below-5000.html |
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Well, I guess, bitcoin it really is hard to understand because maybe you and me, or maybe the majority of people worldwide, don’t understand the concept of money in general.
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Not exactly I think. Yes, maybe because Switzerland is a neutral nation in any global affairs. But in Europe, I think it's Russia, while in Asia it would Japan, Hongkong and/or Singapore where usage of Bitcoin and other currencies is legal and tax-free.
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bitcoin illegal some asia country bt why?can you give me some reason about this?? thanks
It's true that there few countries in the whole of Asia that the use of Bitcoin is illegal, I think it's because governments in these countries don't regard it as money and/or legal tender, and also, by using it will violate their Anti-Money Laundering Law. |
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BITCOIN got an unlikely boost yesterday after Facebook became the first major technology firm to reverse its decision to ban crypto advertising. One expert said that Facebook’s step will help take the bearish crypto market "back towards the bulls." Bitcoin is priced at $6,108 following an overnight dip and recovery. Ethereum has dropped to $433 with Ripple down at $0.46. Facebook has decided to drop its controversial ban on cryptocurrency adverts is what could well be a massive boost for all cryptocurrencies. In January Facebook said that it would “prohibit ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency.” The statement announcing the u-turn said: "In the last few months, we’ve looked at the best way to refine this policy — to allow some ads while also working to ensure that they’re safe. "So starting June 26, we’ll be updating our policy to allow ads that promote cryptocurrency and related content from pre-approved advertisers. But we’ll continue to prohibit ads that promote binary options and initial coin offerings." More... https://www.express.co.uk/finance/city/980757/Bitcoin-price-ripple-cryptocurrency-ethereum-BTC-to-USD-XRP-news |
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I am holding 1 Bitcoin since 25 April 2018, and it's price then I think was close to $9,000 or maybe more or less. It's from my earning from a certain bounty program which I sold in exchanges. I hold it believing the price of bitcoin will go up but the opposite happened. Do you think I have to consider it damage?
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Hello po mga master, Kakagawa ko lang po ng account last week kasi may nagturo sakin mag bounty. Pa bigay naman po ng tips o guidelines pano po magkaron ng mataas na rank. Thanks in advance.
Noon, madaling makuha dahil actvity lang ang pinag-babasihan kahit 1 post lang daily makukuha mo ang ranks sa takdang panahon... ~Jr.Member - in 1.5 months ~Member - in 2.5 months ~Full Member - in 4,5 months ~Sr.Member - in 8.5 months ~Hero Member - after 1 year ~Legendary - in 2-3 years Subalit ng ma-implement ang merit system, medyo may kahirapan ng makuha kahit ang ranggong Full Member; kahit pa dumating 4 to 5 months na dapat ay promoted ka na pero wala kang 90 merits di ka mapo-promote sa Full Member, tingnan mo sa ibaba ~Jr.Member - not required ~Jr.Member + 10 Merit = Member ~Member +90 Merit = Full Member ~Full Member +150 Merit = Sr.Member ~Sr.Member +250 Merit = Hero Member ~Hero Member +500 Merit = Legendary |
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What is the difference between this project and that of Coin-Bet which is now closed? We don't know what happened they just disappeared without a word and not giving bounty participants of their rewards.
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during this ico project with gambling and betting is still much in demand of investors and I am sure this project will be successful, with a total supply of only 300 million may be ahead of prospects
the team chose an interesting idea. so I think it will be worth following this project. Even now, in such a difficult time, I think this project will move confidently and successfully. What do you mean by your statement, are you serious? This project along with all the people behind disappeared just like a ghost, they run away without a single word about the project. |
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I would say this is really a very nice project. The rewards currency is ZClassic and it's currently trading in various exchanges such as Bittrex, Cryptopia, CoinExchange, and Trade Satoshi. And the only thing I've noticed is once you opted for the signature campaign you have to create your own signature, but if yours was chosen to be the most creative you'll earn 10 ZCL as a bonus. Not bad really.  |
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I don't believe Bitcoin will fall, maybe yes on exchanges when the price will go down deep but bitcoin itself will never fall. Way back then in June 2009, the value of Bitcoin was a mere $0.0001 and yet it survives.
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Any bounty for Facebook and Twitter?
Yes, they do have Twitter and Facebook bounties and other bounties too. This is really a good project and also, there's a lot of potentials and opportunities. But too late, I missed them all. |
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Indeed, this is a very interesting project. No wonder it will harvest lots of attention among ICO investors. Wish you all the best and good luck.  |
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~snip
When a reputable manager can use multi accounts, it is frustrating and when s/he says in her/his campaign that multiple accounts are not allowed to signature campaign then there is no value for that reputation. I am attracting the attention of the moderators and hope to take the right steps.
I do not know whether these accounts cheated in same Bounty. But all accounts are operated by the same User.
Why? What is wrong with that? I don't see it's frustrating, the correct word I think is "envy". If you can cite a rule having multi accounts is prohibited, I'll give you merit. |
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Hello, OP! When would this project be ending? Is there already an exact date? Also, I've noticed you also have a thread (ANN) in another forum, is it still active?
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Top 3 Price Prediction: Bitcoin and Ethereum on a fragile support, Ripple finds traction at $ 0.47 - Confluence Detector ~ After two days of sharp price drops, the slight increases have not found solid support. ~ Our "Technical Confluence Indicator" tool indicates less consistent support lines than the challenges that exist in the form of resistance levels. BTC/USD 1D The Bitcoin trades at $6,287 after climbing about 10% from the weekend lows. The pullback did not manage to conquer a solid support, so the next few hours could be critical. Below the spot price, the first remarkable support is the 23.6% Fibonacci retracement on a weekly basis at the $6,150 level. It is not up until $100 below that the daily 61.8% Fibonacci retracement is placed, right at $6,050. The most important level to the BTC/USD is located at the $5,950 mark, where the confluence of monthly and weekly lows could provide BTC/USD some reliable support. Above the current price level, BTC/USD also has a lot of room to move up until finding some resistance at $6,300 level, where the 38.2% Fibonacci retracement on a weekly basis is waiting. At the Bitcoin bullish end, the daily R1 Pivot Point waits around the $6,350 level and, slightly above, we can find the monthly S1 Pivot Point level. More... https://www.fxstreet.com/cryptocurrencies/news/top-3-price-prediction-bitcoin-and-ethereum-on-a-fragile-support-ripple-finds-traction-at-047-confluence-detector-201806251602 |
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Currently, I don't have a job as a retired person, so, I was wondering if mining can get me some money to support our family daily sustenance. Could you give me my best option, and what would be the cost of setting up mining rig? Thank you.
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Bitcoin Hits a Seven-Month Low... Bitcoin traded at a new seven-month low of $5,769 on Sunday as sellers continued to dominate. The BTC price has picked back up to currently trade around $6,1 50, but the seven-month low at $5,649 remains in sight and is likely to be tested again on the short-term. If this level is broken convincingly, prices are likely to dip below $5,000 with the September 15 low at $2,970 the eventual target. The latest sell-off was sparked by news that the Japanese Financial Services Agency (FSA) demanded that six domestic cryptocurrency exchanges to strengthen money laundering controls and internal accounting. Japan's largest exchange bitFlyer announced that it is suspending new accounts until it makes all the necessary changes. More here... https://www.nasdaq.com/article/bitcoin-ether-ripple-litecoin-chart-analysis-off-multi-month-lows-cm982612 |
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