If you are moving 100s of BTC around then you don't mind paying $2 transaction fee to get it done quick. You can afford it. It hurts the rest of us though as we can't. Btc will always be at the mercy of the whales.
I agree that the bitcoin network is not in favor of the people that don't hold many bitcoins. But, still I wonder which will be the reason that a whale will ever move 100 bitcoins? If they do so it would be about selling them maybe, right? And from that point they cannot be defined as whales.
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after this continuous inflow of money to the market I think that the bull run has already started. It is very optimistic to see that investors do not only invest in bitcoin but in altcoins as well. This shows to me that their is a huge trust for the industry and that this year is going to be a profitable one for anyone who was gathering crypto all this time.
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Championships match today:
Leeds United - Derby County
Leeds United ML, odds 1.70 @ BetOnBit
Thoughts?
I would be happy to see Derby County winning this game, but unfortunately Leeds United play and exciting football. Coach Bielsa has done an amazing work to the team and I think that they deserve to win it and see them next year in the Premier League as the old days.
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I believe that this target price is a little bit impossible. Even if we bring mass adoption the price is not going to go so high because there will be more demand so the price will go down. If it ever happens it will be in many many many years from now. At this time is not feasible to reach this target.
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So, it's official - Griezmann is leaving Atletico Madrid after this season. And guess from one time where he will move now. I'm not sure why, but as a fan of Barca I'm looking a bit sceptical towards him. I have fears that story of Coutinho can repeat again...
Does that mean that Griezmann is going to sign for Barcelona? I have missed some news there, lol. I think that he is going to be a great fit for Barca's squad because he is fast and likes first-touch passing as the majority of Barcelona's team do. I wonder how much money they are going to spend for him.
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$ 10k, then $ 6k. I could see this happening. If we get as far as $10K, we probably won't be going below the $6K area again. The way we sliced through the triangle apex from 2018 with no resistance caught many of us (including me) by surprise. If we can remain above it, the market will keep squeezing the bears for some time. $10K isn't out of the question. In my opinion, this sudden and rough decrease is going to happen if bitcoin price is going to rise instantly. If the upward trend is abrupt then the downward trend is going to follow the same direction.
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As things have gone so far this month I think that you cannot make long term predictions about bitcoin price. The fluctuations that it does are very rough and unpredictable in my opinion. It seems like their is an upward trend so far and it is going to have bigger value in 2021 than it does now, but you cannot be sure.
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We have been at around $8000 for two days already with minimal fluctuations. We have flatlined at that number. The price of $8000 seems to be a huge barrier for Bitcoin. What is going on? Should we expect Bitcoin to go above 8K and land on the Moon, or is there going to be a very serious and devastating dip down to $4000? Discuss.
Even if we are finding a resistance in 8k it is a positive sign that I can see that investors have started to buy altcoins so the money that are invested in the market stays in there, and they do not cash out. If we continue to move around 8k and stay near this price, then it will be about time to break the resistance and soar in higher levels.
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I would love to see my bakery accepting bitcoin. The reason for that is the fact that I make transactions there everyday and with cryptocurrencies is going to be instant and I would save time.
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in the bull run that is running right now, it is better if you had a lot of accumulation of Bitcoin in your portfolio. Now I think that the opposite one will be good, because I expect that bitcoin is going to fall and alts are going to rise. So around 70% alts and 30% btc.
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Who would predict some days ago that bitcoin is going to go for an uptrend like this one that we are experiencing right now? I think that if this trend will continue, we are going to reach 10.000 until the end of May, causing another bull market and who knows it can reach a new all time high.
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In little more than a month price is jumped from $4000 to $7500, casual corrections are quite normal just because on every level a certain number of people is selling and taking profits. Price is now $7100 and new week could bring new excitement, so it is possible to see $10 000 even in this month. However somehow it seems to me that it would be too much growth in very short period of time, and with few corrections on that path $10k still seems a little further away.
Achievement of $10k would mean a lot in the psychological sense, especially if it would be accomplished in such a short period of time.
I can say that 10k until the end of May is achievable with the pace that the bitcoin price is increasing. There will be another correction in the next days but I don't think that investors are going to panic from that. We are in a good upward trend and everything seems optimistic for further increase.
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Hi all --
I just joined bitcointalk to learn from folks about the economics of bitcoin.
Are they any noteworthy discussions on cryptoeconomics?
I will be digging through myself; just thought I'd used the collective brain of the forum to speed up my search!
Thanks! Looking forward to discussing.
-Adam
i would suggest you to read the threads that are pinned in the Economics board. You can also find interesting topics in the Bitcoin Discussion board where many members with extensive knowledge of blockchain technology are discussing and exchanging ideas there.
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I wouldn't expect that bitcoin price is going to hit 7800 in the middle of May. I thought that we are not going to reach so high levels till the end of the summer. Now it seems possible that till June we are able to hit 10.000. Are there any realistic predictions? Everything is possible in this market.
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Update: in less than 12 hours from this thread created bitcoin break $7000 and still going unstoppable for me it looks we can confirm this as bull run as of now.
Ι woke up today and bitcoin was 7000 and after I got back from work I saw that it went 7800. This is what we want to see in the market. We want to have green days with huge increases (but these increases bring decreases). Old good days that reminds late 2017s.
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Manchester City won the Premier League for a second time this year and this is a great achievement.I think that now their focus should turn to the Champions League for the next year to be their main objective.Liverpool did great too but it was their fault only for losing the Premier League , they were six points ahead and lost it.
Congratulations to Manchester City but I was sure that they are going to do so. What caught my attention in yesterday's fixture was that Chelsea got the 3rd place. And not because they won, but because Everton managed to get a tie against Tottenham. It was a great gift from Everton to Chelsea ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Now it is the time to savor a derby of two upcoming talents that are going to compete for the best player in the world, Leonard and Antetokounmpo. I think that Giannis is going to prove that he is the next player that will take LeBron's place. I will bet for a 3-1 for Bucks winning the series.
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Even though it's not official yet and it will only be announced after the Europa League's final, Eden Hazard will join Real Madrid for about 100 million Euros.
It was about time for him to leave Chelsea. If he make a fantastic match in the Europa League final then Chelsea will possibly ask for more money as his value is going to increase. He is on the peak of his career so a transfer is going to be good.
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I don't think we would have any other planet suitable for us than the earth and it is will plan and decided by nature and God to keep us here. The reality is just that we have many humans activities that is Endanger other creatures and that is why the earth is becoming unsaved. Time is coming when life is not going to exist in earth!
Humans are also animals so we need a find a way that all animals should co-exist in this planet.
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After all, both teams have to divide their focus between the CL final and the last match at EPL. Even so, I personally believe LFC is the team that is really the favorite to get the CL trophy this season because of the depth of the squad they have and it is very surprising for a comeback after beating Barca, it is appropriate for LFC to get a CL trophy for this good season.
talking about the depth of the squad, both teams have not confirmed whether they can lower the main striker moh salah and Harry Kane. I am sure both managers are thinking the best option if their main striker has not been able to be lowered because of injury, and if the manager insists on lowering players whose indications have not injury healed I am sure it will be disastrous. all forms of speculation before the game are very interesting to talk about, making UCL fans impatient to wait for the game to go. That would be a interesting point. I think that Salah is not going to be able to play in the final. But what about Kane? I think that Tottenham needs more to have Kane in the squad, he is more important for the team. On the other hand, Liverpool has various attacking substitutes for Salah replacement.
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