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Bitcoin having a 70%-80% dominance is pretty normal,if you ask me.
After all,Bitcoin is the only cryptocurrency that has enough trust and legitimacy.
I think that 2015-2017 was the "golden era" of altcoins,with all the ICOs and pump&dump shitcoins.
Now,most of the investors realized that there won't be an altcoin,that will dethrone Bitcoin as the king of crypto,so the investors aren't paying much attention to new altcoin projects.
Ethereum and the other Top 10 altcoins will never reach Bitcoin in terms of adoption and trading volume.
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Do you have Two factor authentication enabled?
Do you have Login Guard enabled?
Unauthorized logins can be authorized by clicking the link that Localbitcoins sends to your email,which is connected to your account.
I have never had any issues with Localbitcoins and I don't understand why would they block any account.
Why don't you talk with their customer support?
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My whole family told me to sell bitcoin when it dipped from 41k to 30k (i bought at 10k). I just laughed and HODL’d. If you believe in something don’t allow yourself to get influenced by family or people online.
100k EOY🚀
Trusting my gut feeling is the worst possible strategy.My gut feeling has always told me to sell Bitcoin at the wrong time.  The only right approach is just to forget about the Bitcoin price.Just get as mush Bitcoin as you can,leave it in some cold wallet and HODL for years.Do not track the Bitcoin price,because it will distract you and you will sell your BTC at the wrong time/price. I would never tell my family or friends that I own Bitcoins.Getting financial advise from financially uneducated people is even worse than trusting your gut feeling. |
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Stablecoins are convenient for crypto trading,but that's their only purpose.
If Tether dies,there will be another stablecoin taking the place of Tether.Sad,but true...
The rumors about Tether having fractional reserve will continue forever.I don't know why the Tether team hasn't done anything to prove the legitimacy of their stablecoin and provide some solid evidence.
I'm not a Tether fan and definitely not a stablecoin fan.The crypto market will be way better without the stablecoins and most of the smaller altcoins.
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The current Bitcoin price is 37.9K USD and the maximum drop that happened a few days ago was 33K,so there's no price drop to 30K. I guess that a price drop to 30K USD would be "healthy",because it will lower the greed and FOMO,which dominates the market for a while and it will allow more investors to buy BTC at 30K USD,before the price goes up again. I don't know why a Bitcoin price drop would be considered "necessary". I guess that this analyst wants a bearish market,so his analysis has an element of wishful thinking. |
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Buying and HODLing BTC is not rocket science(even though buying BTC can be a little bit complicated and expensive with KYC policies). Newbies would need a Trezor wallet,only if they plan to buy big amounts of BTC,I'd say more than 0.1BTC.There's no need of a Trezor wallet,if the investor plans to HODL 0.01 BTC for example. Not falling into crypto investment scams is just common sense. Downloading an app like Coingecko to track the Bitcoin price is pointless.If somebody plans to be a long term BTC HODLer,then tracking the Bitcoin price every day is not needed,and the price volatility might drive him crazy. |
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The volatile nature of Bitcoin has made the BTC investors really greedy. Is it mandatory for the Bitcoin price to double every now and then?I don't think so. I think that the risk/reward ratio is pretty much the same,but most of the investors will have to buy smaller fractions of a Bitcoin. It's true that there are less buyers,who want to buy at a ATH price,maybe that's why the price won't reach 50K USD anytime soon. |
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There's no point of over-dramatic clickbait forum posts about how Bitcoin is a "investment asset" rather than a currency.This topic has been discussed a lot and I'm surprised that there are people,who keep whining about Bitcoin being asset instead of a currency.Instead of whining about Bitcoin,why don't you just stick to some altcoin and use it as a currency?All the crypto enthusiasts have choice.Having a choice is something great.
The 10,000 BTC for a pizza happened in 2010,and the whole point of this transaction was to prove that Bitcoin can be used as a currency.Nobody in 2010 would imagine that the Bitcoin price would reach 40K USD 10 years later.
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And also where did the scammers get the vaccines? These vaccines they sell may be inferior and not edible for the human consumptions seller of that type will not consider what it does to who takes it, for them -fake vaccines sellers- its about making money from the vaccines, really anyone buying the vaccines I don't pity them for the money they lost but what the reaction on their body system after intake of the vaccines would be. Who will purchase such a product when vaccinations are given to everyone for free? + ignorant people + people always against government + anxious, scared to wait, people + company's that need their workers to avoid wait They are many types and set of people that will purchase such killer vaccines, its madness to buy vaccine on Darkweb. Most of the people in your list would never use the darknet to search for a vaccine.99% of the people don't know how to use the darkweb and where to find trusted markets there(if there are any trusted markets). The vaccine are free,but the vast majority of the people will have to wait for months,before the vaccines get delivered to their countries.I think that many third world countries can't even afford to buy large amounts of vaccines. I guess that those fake darkweb vaccines are being sold by desperate scammers. There's no guarantee that the buyer will get anything delivered to his front door after payment. The scammers will get BTC or Monero from the victims and just disappear.99% of the darkweb scams work that way. |
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At least Amazon has the best customer service,when it comes to returns and refunds.I think that they even offer return free shipping.I assume that you won't have any problems replacing the Trezor wallet or getting a refund.The damaged packaging most likely wasn't caused by Amazon,so there's no guarantee that you won't get another sliced open package,when ordering a Trezor wallet from another marketplace.
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“The key to creating some type of stability in the market is to see an increase in the participation of institutional investors and right now they’re small,” he said, adding that, of the more than $600 billion invested in bitcoin right now, “roughly 1% of it is institutional money.”
I would like to know how that percentage was calculated. 1% of $600 billion is $6 billion, and Grayscale alone in their most recent update have about $21 billion invested in Bitcoin, they are not the only means by which institutional money enters into bitcoin and some bitcoins are lost permanently reducing the active market cap. When you consider all the factors the percentage of institutional money gets more significant. There is still a lot of room for growth but the effect of smart money can already be felt in the price fluctuation. Bitcoin has relatively sustained its value during this period even though most predicted a large correction, we are yet to witness such a crash. It doesn't matter if the percentage of "institutional money" is 1% or 5%.The amount is still really small to have any big influence over the market.Most of the influence institutional investors have over Bitcoin is caused by the hype and optimism,which they create,not by the real money that they put in BTC. The fact that Bitcoin isn't facing any major price crash is caused by the overall optimism and hype. This isn't "maturing" of the Bitcoin market,it's just greed dominating over fear. |
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If you are really "full of stress",then just don't trade Bitcoin and stick to the altcoins,or don't trade crypto coins at all.
I can't agree with your point,that Bitcoin isn't good for day trading during a bull market.
Your example about buying 40K and buying 8K USD is wrong,because you aren't required to buy one Bitcoin,when you are performing day trading.In scalping,the amount you buy isn't that important,the really important things are the price volatility and finding the right time to sell and buy fast.
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Today(January 13) is the "birthday" of BestChange Signature Campaign. Happy Birthday and I wish you to continue to run one of the best signature campaigns in the history of Bitcointalk.org for at least 10 years. |
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Do you want to trade Bitcoin for fiat/online payment methods or you wanna trade Bitcoin for altcoins?
Those are two completely different types of Bitcoin trading.
What do you mean by "journaling"?Do you wanna write down your past trades on a piece of paper or a Google Sheet?I don't think this really helps for improving your trading skills.
The first thing you should do is to find good tutorials and books about trading and consume as much as educational content as possible.
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The opinions of Warren Buffet in regards to Bitcoin are well known for years.
I don't know what's the point of gathering all his FUD statements in one forum thread.OP,you aren't bringing anything new to the table here.Buffet will keep hating on Bitcoin,and we will keep ignoring his hate,or at least use his statements to create pointless forum threads and make fun of him.
The "rat poison" statement by Buffet is old news.His arguments why Bitcoin is trash are completely irrelevant.
Even if the Bitcoin price reaches 1M USD,the haters gonna hate Bitcoin...
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Trump doesn't need Bitcoin.He needs a good lawyer or a team of good lawyers,because of the upcoming tax evasion lawsuits. In the next few years,Bitcoin will become as regulated as the fiat banks,so what kind of financial freedom will Trump get,by buying BTC and storing them in some crypto exchange or crypto wallet,that requires ID verification?The US federal government has the power to destroy every business in the world,including every cryptocurrency business. Trump will have to buy Monero and hide in the darknet(but the darknet is also controlled by CIA/FBI)... |
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From a financial point of view,1 BTC from 2021 is NOT equal to 1 BTC from the past years.The BTC price is different and the BTC market is different,compared with all the previous years.
From a technical point of view,1BTC=1BTC,because Bitcoin Core wasn't divided or forked(I'm not counting BCH,BSV and all the forked altcoins/shitcoins,that claim to be Bitcoin)and the total BTC supply didn't change.
I think that most of the people are making the mistake of mixing the financial with the technical side of Bitcoin.
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The billionaires have more than 90% of their wealth distributed in stocks and other not-so-liquid and heavily regulated assets.Do you know how difficult it is to sell stocks worth millions or billions of USD and then buy Bitcoins?The buying fees will be really high,and the rapid BTC price growth will cause losses to the guy,who wants to buy lots of BTC.The crypto whales usually buy small portions of BTC,but they do it consistently.
Jack Ma is probably in some secret Chinese prison or maybe he is dead.
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The main currencies like usd eur gbp cad ......
Who payed for that ? With their devalue of money and fall of living standard ?
Venezuela, nigeria,zimbawe , russia...and other high inflation countries
If you from venezuela kind of country you shouldt not cheering happy when you see money printer goes brrrr....
And if btc goes up then you know its stealing from your pocket
How the hell can Bitcoin steal from the poor,since the poor don't buy and own Bitcoins? This doesn't make any sense. Inflation makes all the poor people even more broke and poor,but this has nothing to do with Bitcoin. It has something to do with the corrupt governments,that are making huge budget deficits and huge national debts. The middle class and the working class are "paying" for inflation and money devaluation,but Bitcoin has nothing to do with this.You are basically just trolling. |
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It seems that the Bitcoin price has recovered a little bit back to 35.7K USD,after the Sunday/Monday drop. I'm not sure if this is a bear market coming or just increased price volatility.Perhaps the price will be going up and down between 30K and 40K USD in the next few weeks or months. The selling pressure was too high at 40K USD so the price can't get enough support coming from the buyers(and HODLers) to stay above 40K and to go to 50K USD. Anyway,the crypto market is way more interesting in 2020/2021,compared with the boring 2018 and 2019. |
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