It's actually good that they don't have to regulate it this year because we can still enjoy more freedom in cryptocurrency for another year. And it's right to have a positive outlook on it because the less the authority is involved in a decentralized platform, the better for the people in it.
For me, it's not important if they start to regulate cryptocurrencies immediately, because at the end of the day you will still gonna know what is the result and if you are into cryptocurrencies and already tried to use them (appreciating crypto being decentralized), and you will ask yourself a question, "how they will regulate cryptocurrencies?" |
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Is this a clear sigh we are already yin bear market or reasons are more fundamental and more serious for Bitcoin than just price and speculation.
Very possible, we also saw this kind of action of Bitcoin for multiple bear markets we experienced. If this is already the bear market, I am glad that we are still far from the all-time-high of the previous bull run which is around $19,000. Which is that is a very good thing, it's kinda Bitcoin as time goes by becomes more mature and less volatile. |
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For me, every year Bitcoin is on-trend. Every year there is a lot of adoption for Bitcoin.
Even the price of Bitcoin for a certain year is not that so good as pumping, the trend is still there. Lots of good news coming in Bitcoin every year and I believe it will continue to these coming yearrs.
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if you are too tired and worried you can get out of your investment. just come back in a few years. that is if you can deal with your own psychology.
(....)
I don't think this is also the best solution, maybe OP invested in shitcoins that's why he/she is very worried. Another thing is, if you keep always watching the price of a cryptocurrency, it will really make you tired and be more worried, it will just drive you crazy. Another best thing is to do other things, non-crypto things, so your attention will not totally on cryptocurrency. Nobody knows when the bearish will end. |
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Jack Dorsey is one of the popular people that are into Bitcoin.
It's become normal now that Jack Dorsey keeps promoting Bitcoin, he even went to Bitcoin Conference in Miami recently.
And in Twitter, you can see a lot of crypto people there compared to other social media, which extremely good social media that is not strict when it comes to cryptocurrency.
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I recently saw BestChange got this kind of a service which is a Bitcoin faucet. If you visit their website: https://www.bestchange.com/ and scroll down to the lower-left corner, you will see BTC Faucet. I haven't tried it yet if it is working. You can try it or wait for some feedback from some users who already tried it. cc @Best_Change.  |
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(....)
And we have to thank the Mayor, he has been very bullish on bitcoin lately and do we hope that other mayors will also follow what he has started. Wouldn't hurt isn't it?
It is very possible that other cities will follow, not only Miami. I can relate this with what happened in El Salvador, it's like a virus that is spreading. I am positive that in the next short period of time, there will be another country that will do what El Salvador did and that is what I am looking forward to in Miami too. Miami will become a model. |
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For me, the monthly candle closed of Bitcoin last month of May is pretty awful. We saw that it closed below $40,000 and it is now starting to break that $40,000 but always ended closing the daily candles below $40,000.
So another thing to consider is monthly close of this month, as long as monthly close will not close above $40,000 I am short term bearish for coming months.
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I have also on my mind that they just hate it in public, like on some interviews with asking them what are their thoughts or opinion with Bitcoin and they ended up telling negative things on Bitcoin or not favor it, maybe they are just trying to create FUD and price of Bitcoin could dump and they can load their bags.
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Jack already in Bitcoin for a long time and he already has positive tweets about Bitcoin before.
But for a single tweet by Jack to move the price of Bitcoin, I don't think so Jack's tweets are very important for the price of Bitcoin to move.
Additionally, I am positive it was the Twitter Space shared by Jack earlier today, it was hosted by Spanish which a lot of listeners too.
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In the past the ransoms were paid in cash. Internet has diversified the ways one can attack and ask for ransom, crypto made the money transfer faster. But ransoms did exist even before.
So imho still the internet is the one doing more "damage" than crypto...
In the past most of the payments were made through online fiat modes, such as LibertyReserve and pre-paid credit cards. Now at least a section of these criminals have started using cryptocurrency. That's why I consider this as normal same as just what people doing in fiat for such scammers or ransomware hacks. That's why a lot of people especially those newbies or with no idea how cryptocurrency works that keep talking negatively about cryptocurrency or Bitcoin when they hear about this kind of accident. |
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(.....)
You already have the money why you should take a loan for? This is just an advice but if I do have that kind of money probably I'll just make it grow through trading, maybe studying trading will help you earn more alts or Bitcoins but getting a loan I think that's not necessary, though that's just my personal opinion. Probably a small amount of money for him/her. And for sure OP is using the interest-free loan which is kinda good, and the OP got money, the best thing to do is save it for the last defense, like if the loan will get rekt for buying altcoins or bitcoin, then OP got some extra money to pay the loan. |
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(....)
Right, obviously, as we reach new all time high pre-halving, the exponential growth will slow down.
So it is very good to timing the market pre-halving and then wait for the halving year and just hold. I think this is what most holders are doing, filling their bags before the eventually all time high again after the halving. So far we have ~$64,000. But it's not yet the highest in my opinion, we could hit 6 digits at the end of the year.
Probably we can see more years of the bear market once we will not able to break the $64,000 all-time-high before the year will end. And the next turning point is the next bitcoin block halving, which is still far. But it could be a great opportunity for people who missed out Bitcoin rally because there is a lot of possibilities that Bitcoin does more than 50% price correction as we already experienced on previous block halvings. |
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I dream of the day when alt coins are not tied to the price of bitcoin. Uhg...
Some day this will happen , but if when? no one knows until the cap of bitcoin has been mined then the market will change its way and maybe altcoin will have their own actions also. This is very possible once that altcoin will surpass the market cap of Bitcoin. We all know why most altcoins are correlated with Bitcoin because Bitcoin itself is the king and the market cap of Bitcoin is the proof. The Bitcoin dominance is still high for me, that's why, the more Bitcoin Dominance is increasing, the more altcoins are getting rekt. |
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Your project probably involves some programmers.
So my advice for hiring a programmer or coders that will create your crypto project, if ever you don't have experience in coding or you will not do coding, is to outsource especially if you are from an expensive country.
For now, I can say that the developers in cryptocurrency or coders that are into crypto are still very few, so expect that you will need to pay much higher compare to common coders like coding websites, mobile apps, desktop apps that are non-cryptocurrency related.
You can hire some freelancer, you can try upwork for that or any other freelancer websites.
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(...)
Should we just be focusing on BTC, or would we be better off diversifying (maybe Etherium?).
You are in the Bitcoin forum, I am afraid that most of the people here are into Bitcoin only or Bitcoin maximalist. But if I will answer your question, nothing is wrong with buying other coins besides Bitcoin, I also own other altcoins but overall, I have the biggest allocation on Bitcoin. |
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If I have a business, I will start first using PayPal. Since we all know Paypal is already here before Coinbase so expect that there are currently a lot of PayPal users than Coinbase.
After that, if PayPal is already good, adding Coinbase may good choice so there will be other methods. I'm talking business sides here, like accepting payments for your goods or services.
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It means that if you want to convert them into BTC you need a minimum of 0.05BNB you only have 0.01853403BNB so it didn't work because you didn't reach the minimum of 0.05BNB.
Yes, this is the reason why you can't convert directly your BNB to BTC because you are below their minimum requirement.
If you look carefully at the video (Wallet Overview) OP actually has 2.49 BNB in the spot wallet. When he tried to convert it, he suddenly has 0.0185 BNB only that's available for conversion which is even way below the minimum. Question is where's the Rest of the BNB that was shown to be in the spot wallet? That's right I have 2.49 bnb and it ways beyond the minimum. When I go to exchange it is saying I have 0.01 and my money is gone. Hey, I watched the video and seems really like a bug, it is not a visual bug only? Have you tried logging out of your account and logging in after? And try also to check your trade history to check recent transactions if that BNB is involved. I haven't tried Binance having bug like this, maybe a browser bug? Try also clearing the browser cache or use another browser. |
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^ Really? This chart doesn’t look like it’s breaking out to you? Cos it def looks like it’s breaking out to me. And it’s kinda choppy but it looks like it’s also forming a standard cup and handle before another leg up. What do you guys think? If it breaks out its January highs, it could go straight to the moon!  https://i.imgur.com/srhA2vb.jpgNext time if you will share a chart, it is much better to show also the timeframe. Another piece of advice is also to try looking at different timeframes, it may help you to analyze, not just in 1 timeframe especially if that timeframe is the low timeframe. Btw for this chart, for me it is showing breakout, the resistance broke out and now that resistance is acting a support which is pretty good. |
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Predicting levels like 13,000 is too extreme and wouldn't be normal.
Yep, it is too extreme. Predicting is okay, but it must make sense. (...) Predicting without any basis or analysis is totally bullsh!t, especially we are talking huge numbers here, a huge percentage of price change. It is extremely non sense at all if you predict without supporting explanations or analysis. Speaking of $13,000. It is really possible, probably if we will see again a huge FUD, it could be easily reached in just short period of time. |
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