As of now, there is no clear direction of which this direction this market will heading as we are all expecting of the bullish market before this year will end but the result it is the opposite in which the market continue to fall making us to be disappointed again and again. So i suggest that we forget about the bull run and we should used to this new support level of Bitcoin as it better to get the unexpected gain.
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People experienced the huge ATH before and that is why most of the crypto users are not contented with the current development. For me, we should used to this new support of level of $5,000 to $ 6,000 as the new real demand now which is free from price manipulation and conspiracy but still i'm hoping it will pump hard soon thru the real demand of course.
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One of the people who allegedly defrauded a Finnish investor of $24 Million worth of Bitcoin (BTC), has recently been detained in Suvarnabhumi Airport in Bangkok on charges of conspiracy to defraud and money laundering. Has anyone been following this at all? I would be interested to hear a legal perspective, as these charges aren't generally associated with bitcoin
What a huge Bitcoin amount that was involved and i think this is one of the reason of why the Bitcoin value suddenly crash this week because after they stole the Bitcoin then of course they will sell the Bitcoin immediately for the physical money. Hopefully they will surely be punish and regulations must be strengthen more after this because these bad people are making the crypto currency investments reputation to become bad.
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Honestly, it would be a difficult decision to make because we all knows that Bitcoin investment is very risky because the price is really unpredictable. Market charts, datas and predictions will not make the price to become expensive but it is the real demand of investors in which we don't know if most of them already quit the crypto but i like your being optimistic as this is better than spreading FUD that will only make the market worst.
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Power consumption of bitcoin mining keeps going up. And will continue to go up as bitcoin usage and price increases. This have harsh enviromental implications. Is there a way to reduce power consumption or are there plans to switch to a more eco-friendly way of mining bitcoin?
The most common way is the use of the solar energy. Using heavy solar panel is very common now in which not only the people can save the money but they could help to save the nature too. In fact, this is the reason of why numbers of crypto miners won't reduce as they use this as an alternative source of energy but even do this is an energy saving but you should consider the expenses too just to build a solar facility so if you want to join mining then think of it very carefully.
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Hello, friends in last year around this time we had a bull run. But in this year we are still waiting for that. If you have any idea about that?
Seeking for a bullish run for this year is considered over by many as the crypto market is still in difficult right now in which still it did not show a clear sign of a healthy environment. In fact, many prediction experts of crypto are now becoming fool because of this bearish market which still in effect. Hopefully by next year the is a new chapter of prosperity in Bitcoin so lets just wait and see.
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Hello bro and sis, can recommend me some new altcoins, which you think are great project can invest some when their ICO and earn triple or double It is hard to suggest any Altcoins for now because of this continues market price falls in which the dream of bullish run for this year is fading. Hopefully the market will bounce back by next year so for the main time lets just wait and see while creating new market plan for the next year development.
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Crypto market is for everyone as long as they know how its work and they know how to gain from it. In talking of risk then i think there is no investments of today that there is no risks therefore everything will just depend of your skills and luck that new comers will be mostly experience losses as part of their learning experience.
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Its hard to predict of which direction this market will going thru that in fact famous experts in crypto field already losing their reputation on this on going bearish performance that they already abandoned the predictions for this year and shifted all their bullish predictions for the next year in which it makes the people afraid to invest even more.
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Even though the price is going down, it's creating the opportunity for the investor to buy bitcoin at a lower price and sell it when the price rises. The price will rise up very soon. Probably at the end of May, it'll start rising up. So, don't worry and hold your coins because the best is about to come.
Actually, the investors or the people are not looking for the cheap prices anymore but mostly are waiting for this bearish market to disappear so that their fear to invest will gone. The price is really much cheaper to purchase right now but the problem is when you buy the dip but it dips even more losing your investments therefore the reality is that when the price keeps on becoming cheap the people become more afraid to invest.
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In Bulgaria, the first cryptobank will be installed. The local cryptobus, DG Cash, announced that the ATM will start on July 23 at a popular shopping center in the capital of Sofia. The ATM will be a two-way ATM for the purchase and sale of digital currencies. Customers will be able to buy btc, eth, monero and ltc for Bulgarian lev, Euro and USD. They will also be able to exchange btc and ltc for the Bulgarian lion.
So what is the latest update from this nation after legalizing Bitcoin? We hope that their economy become more progressive now than before so that other countries will follow the path of this nation if proven that their economy become more stable and strong after legalizing Bitcoin.
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COMPANIES IN JAPAN PAYING SALARY IN BITCOIN This is very good for bitcoin and also altcoin if all contries like Japan become crypto friendly then crypto world be amazing for crypto lovers and many will become millionaire and billionaire
This shows of how the country of Japan is very much supported the Bitcoin existence that they use it not just a currency for direct spending but as an option to receive the salary as well. Hopefully with this development it will favor the present market performance status in which Bitcoin is still in overall difficult that it needs more real demand so that the price will become great once again.
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This clearly shows that banks are not really against Bitcoin or the Crypto currency as they are not just supporting it but they make themselves a rival to Bitcoin existence in which for me is a very ambitious goal that with this development they will just make people to invest more on Bitcoin. Hopefully they will start this as soon as possible as i'm exited with the outcome.
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Do you think its is a good idea that someone will make some effort to consolidate of all these coins for your earnings? Why don't you do it by yourself and learn? here are the link of the tool for your convenience https://coinmarketcap.com/. Just use the research button and you will find each of your coins status.
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Hi all, I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this. Thanks
The most common suggestions is to hold your coins as in what is the point of selling it low now or just case by case basis that if the team owner of your coin is actively promoting the projects to attract more people to invest then better continue holding but if there is no activity of promoting their coins during the price fall then better sell them all as it will become crap when it will lose its value.
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How much time do you spend on bounty campaigns?
Is it worth doing bounty campaigns?
How much can you make from one bounty campaigns?
Maybe 2 hours a day for my signature and twitter campaigns and its worth doing as Bounty campaign is a source of my other income to support my family financial needs. Last yeat i earned more than expected but now maybe due to bearish market, earning become difficult in which mostly ICOs postponed and extended their projects, some are delaying the bounty payments and some are delaying the exchanges.
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So I have seen Coinbase is the main "source" for buying/selling BTC, but I was wondering if anyone has used the method of converting bitcoin to another currency when it reaches a high point, then converting it back to BTC when it is low enough.
If so, what wallet(s), exchanges, etc. are you using? And more specifically, what crypto do you recommend converting BTC to, in this situation?
Any help is appreciated!
Buy high and sell it low again is the most effective strategy of this bearish market because the prices keeps on fluctuating. This is good specially if you know how to ride on with the market movement with a perfect timing. All cryptos and exchanges are applicable for this way of earning then you may choose XRP, ETH and BCH as they are the most center of attractions in the market now.
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It seems your assumptions is going to be true as the Bitcoin is stable and steady with the $6,000 mark so hopefully the you are right that Bitcoin will bounce back by December. I'm waiting for the ETF approved remark and big whales appearance to support your speculation as we need to be always positive to overcome some negative thinking so this is better than spreading FUD that will just make the market worst.
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This shows that South Korea really supported the Crypto currency again that they are part of the strong pillars now, that will help Bitcoin price to not directly to fall. I remember this year when the PM of S.Korea declared ban of Bitcoin it really affected the market price performance to fall slightly but now that they are in full support again we just hope that the market will fully recover in no time.
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