many experts predict Bitcoin will go up to $ 100k to even $ 300k,
you remember JohnMcafee? he also predicts Bitcoin will be a new all time high,
I forgot he mentioned what number, but the number is very much maybe $ 50k more,
if that happens it is clear that altcoins will also go up, could be up to 100x.
The truth is, it's just whales shill and they just want to manipulate the psychology of the crowd like them. Then there will certainly be individuals going to shill and make people fomo about the price of Bitcoin in the future. This continues until John Mcafee and his organization choose high prices to sell off tens of thousands of his Bitcoins, then a new Bearish period will be created  So never believe the words of the financial "experts" at Twitter, all are big traps. |
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There is some confusion when it comes to BTC Market or USDT Market and sometimes it is difficult to decide to take profit in which currency, BTC or USDT.
I give you an example here and hope anyone can explain in detail.
ETH was 0.035 BTC few months ago and it was around 400$ USD. I did not took the profit and did not sell Eth.
Today, ETH is 0.028 BTC but in USD it is around 540$. (buz BTC price is high)
Now if i had sold it earlier at 0.035 BTC, so today's its worth would have been 660$.
So what's is the best approach in this case to get the maximum profit ?
Your way is also the most profitable but risky one. Your case is in the bull run, and imagine if the market goes the opposite way So this is not a strategy anyone can use. If the user of this strategy does not fully understand the laws of the crypto market, then surely the account will be divided many times. Be careful with this trading strategy, which only encourages players with long experience in the Crypto market. |
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"Bitcoin will be used instead of paper money"
we all know about Bitcoin. Even a few years ago no one had any idea about the sale. At today's price of 18 thousand dollars, the price of 1 bitcoin. It is a remarkable revolution. Bitcoin needed only one thing. Big companies accept Bitcoin. But it has been
somewhat successful in 2020. Bitcoin is going to be the currency of the future. Its value will increase at such a rate in the next five to six years. Which no one could have imagined. One is just people believing in bitcoin. If you use paper money you can destroy that paper money. but you can never destroy Bitcoin. Which you can't catch. There is no question that you will ever destroy it. This is mainly due to the differences between Bitcoin and paper money.
Bitcoin is really helping the general economy a lot due to its halving mechanism. But it is unlikely that Bitcoin will always help the economy. If governments loosen the law on Cryptocurrency, it will also make the criminals in their own country more and more acting. Especially, money laundering is the most difficult problem for terrorists and criminals So this bull run will end soon and Bitcoin will not grow forever in the future. So if you are already profitable in holding Bitcoin, split it and sell it while its price is increasing, don't be greedy.  |
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Coinbase in recent years has often had cases of user information. They were unreasonably suddenly inspecting and seemingly intending to possess the person's property. In my company, my colleague lost 12 Bitcoins at Coinbase due to inability to verify his identity, and support always refused user-provided information for no apparent reason. So be careful when you put too much money on Coinbase, even if you have a 100% verified account. |
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Years ago, i know people said localbitcoin is great for selling/buying btc. Is it still good now?
Also if you sell btc, isn't the best payment method going to be cash deposit in bank where the buyer deposit cash in the bank... then you release them the coins once the end of the banking days end? Back then i heard a trick some scammers did was deposit cash at bank... send you receipt, then you send btc... then they go back to bank with receipt and said they made mistake depositing in wrong account and they get their money back.
How is it right now?
There are a lot of places to trade Bitcoin that are very reliable and the OTC fee is very low, the account security is high and worth the experience. You can create an account at Binance or Houbi global to trade OTC there, all transactions are very fast and the fees are low. In addition, they always ensure the capital when your transaction fails or loses money, ... |
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Have you seen how governments responded to the corona virus?
Quite simply, in Italy, the US and elsewhere, they will increase their budget deficit, and add debt. In my understanding, that's very bad for fiat currencies, while BTC will remain unaffected, thanks to the lockdown on money supply.
Yes and that is why major financial funds in the US have poured huge capital into Bitcoin and hold it for the long term. When the government's plans are bad, then Bitcoin is a bailout for their policy mistakes. To me, Bitcoin deserves to be a common currency in the world in next 10 years. |
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Some major countries are facing crisis created by corona virus, meanwhile few others have controlled it successfully. Can this pandemic change economical and political status of countries?
Certainly, the major financial funds in the world now that have taken refuge in Bitcoin, people will also begin to follow them and force the government to loosen the law on Crypto. This is also a very good opportunity to prove that the Defi projects have real uses to help the overall economy be sustainable. I am really looking forward to this moment, hoping the Defi projects will do a good job of bringing trust to the people of many countries around the world. By then, there will be a lot of people coming to Crypto and the money of the market will increase unbelievably.  |
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In my opinion, this is an uneconomical policy and will only make America worse. This policy will soon cause a political crisis in America, the rich will no longer try to develop. Naturally, that action will lead to an economic recession in America soon. |
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As per various news sources there are speculations that Airbnb will be next in the line to accept Bitcoin (crypto currency) as payment method after PayPal integrated it.
I feel Airbnb will accept Bitcoin to boost their own business as well since travel industry is the most hard hit during pandemic and I am sure more will follow especially businesses like eCommerce and digital based.
What's your opinion ?
If that were legal, then surely Airbnb would easily include Bitcoin in the general payment method. Currently there are a lot of rich people because of Bitcoin transactions, they are all high-end customers, so accepting Bitcoin payments will bring them a lot of benefits. I also want to try a Bitcoin payment once during my travels, as it does not need to go through cash exchange and can be paid quickly with no problems. |
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Bitcoin's price crash is part of the whales' plan. There are practically only a handful of private Bitcoin miners, most of which more than 80% of the miners in the world are managed by whales. They manipulate both mining and use that Bitcoin source to increase power and manipulation of the market.
This conspiracy theory is quite true right now, things seem to go according to plan and the market is constantly pump and dump in a confusing way. Therefore, the increase or decrease of the cost is just an excuse for the whale to manipulate.
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Actually, I also tried very hard this year to get myself 1 BTC. The fact that I was a bounty hunter and the Covid-19 plague ruined everything. The potential projects that I market to help them all fail or fail to raise the desired funding. So it seems that this year I have not been able to increase my assets, even though I am in debt. Owning 1 Bitcoin is really difficult with bounty hunter right now, only speculation brings wealth easily but I have no money  |
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Nigeria and African countries are mostly scammers in this Crypto market. They do everything to cheat other people's money and run away from their own country. There has never been a successful Nigerian-led project so far, most of them scams or a bad project that could not raise funds.
In the crypto market we have a lot of confidence in the Chinese, the Koreans and the Americans. Most of the above countries have a lot of Blockchain geniuses as well as ways to evolve the crypto market to new heights.
Anyway, I'm not racist, it's just Asians and Europeans who have made a huge contribution to the success of the crypto market right now.
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it is time for Zcash to do the halving. because if not, then how long zcash will stand at the price of $ 50. I hope Zcash shows its strength as a crypto for a long time. how not, while other cryptos have already halved. even though they are younger than Zcash. in case the Zcash halving exceeds $ 100. maybe my assets are enough to buy a new house. haha, yes I agree and hope Zcash will go up in price as much as Bitcoin has shown over the past few days. ZEC's chart D1 currently has broken down of the bearish trendline and looks like it is about to have a strong pump over the coming months. I'm also a holder of ZEC so I expect it to go up $ 120 by 2021. |
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ICOs and IPOs are both fundraising events but the returns and risks of the two are completely different. If a potential project is launched and uses an ICO to raise funds, then there is definitely a good chance we can make a lot of money once it's officially listed on big exchanges. Besides, an IPO only helps projects that have passed the Hype stage of development continue and it is certain that the profits will be much less than the tokens of the ICO being strongly pumped.
To invest in a successful ICO, we need to see the excitement of the community before it gets listed on the Big exchange. The crowd's fomo mentality has always made ICO projects more successful than ever: D
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Guys is there any way to stake coins in your very own wallet without sending to another wallet? Is there any project or blockchain that allows staking in door only? Please share because I can't sleep at night sending my coins to other wallet for staking returns
Hello its rare to see projects like this. But I recently discovered a platform you are actually looking. It is called estake based from the developers youll stake on your own wallet. Not following them for a while but Im sure there are some also here heard of it. Just follow this site. https://estake.io/https://t.me/Estakeofficialhttps://twitter.com/ElasticStakeNote: Not part of this project gladly sharing you what you are looking for. Estake actually has a special plan for passive investment, but how can this mechanism really work if even holders can still get daily returns? If everyone realized Estake's potential and they kept holding, Estake's volume would definitely decrease or not fluctuate, then what source of income will the team pay for? Or is this just a way to entice new investors to buy their tokens and then leave them all alone like any other scam project?  |
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Yes, it would certainly be legal. But the question of credibility is still something that the Crypto market doesn't have the best answer for. In addition, the use of cryptocurrencies will make it very inconvenient for those who dont know how to use technology, which is also the reason why cryptocurrencies are not viral everywhere.
Besides, technology also has its weaknesses depend on network and power to operate. So if any government intends to use electronic stable money, the chances are high that they will be attacked by hackers. There are many reasons why we should not use electronic stablecoins.
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Hi,
I saw a statistic online, that currently lists the percentage of hodler of bitcoin (holding 1+ years) vs number of traders who hold btc 1 month or less. Currently there are 64.99% hodlers of bitcoin vs %35.01 of traders. My question is, does an increase in percentage of traders increase the magnitude of price swings? If say the percentage of hodlers of bitcoin stabilizes in the future to 90%, will the magnitude of short term price swings also decrease? In other words does volatility decrease as percentage of hodlers increases? Is that why "bluechip stocks" are less volatile? because a large percentage of the investors are holding?
Exactly. Bitcoin's price fluctuations are quite similar to those around us. Let's take another example like Rice. For example, in a village there are only 10 kg of rice but more than 100 households. therefore, each household has only a little rice, about 100 grams, and then the Rice shortage occurs. Certainly some households will accept to hold rice and wait until the demand increases, the price of rice will inevitably increase. it will appear a lack of price volatility. This is also part of the supply - demand theory. |
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Hi,
I came across an article in Coin Telegraph today mentioning a potential support level for BTC.
Is there any theory of psychology or trading theories that explain support levels besides technical analysis? Any resources that I can look into to understand it better?
First, we need to understand the support zone is where investors are willing to buy BTC in large volumes. So why are there such support areas? Actually it is the support created by the psychology of traders. Support zones will usually have very large volumes and are right there is a struggle for interest between Bear and Bull. it was the volume candles that showed the consensus of the crowd about that price. so the good traders often pay a lot of attention to volume + more indicators can recognize it as strong or weak support. |
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For advanced users only:
Minimum account size: $5k
Preferred exchanges: Binance
Please PM or post here.
This channel will host contests, information sharing and general trade related news.
Please tell me why I have to join your trading pool? Who takes the lead to make key trading ? We have absolutely no information about your team, how can we trust and send money to you? By the way, Before you want to open any service, please write more information about the team, business strategy, ... so that we can more easily visualize your project. |
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I used bittrex.com a long time ago (many years actually) and I have there a bit more then 0.5btc sitting in the account.
back then it wasn't THAT much, but now it became a lot more.
For some reason they do not tell, they decided to block the access from my account (I haven't used it for few years) and want me to send them tons of private documents! all this without explaining why, and while I have access to my email + password with 2fa AND a verified account.
Of course I can give them all the stuff they requested as i'm the legit owner, but i'm not interested in doing so as it is very private.
any suggestions?
Bittrex is no longer the same and they find ways to make it difficult traders right in their exchange. High fees and very few options to trade in Bittrex, besides that they require us to KYC and send them to be able to start trading there. it is possible that your money is not lost, but you need to provide documentation of your information. Or you can hire someone to do KYC for you, I think this would be a more reasonable way because you will never again trade at Bittrex. |
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