You cant see bitcoin recovered so fast just like before. Im thinking that bitcoin already had a stable bottom price which is 9000$.
We can only allude to that because it is not a bullish year for bitcoin because bitcoin is the fastest recovering coin. In 2017, it was proven when price dropped from $7,500 to around $5,000 and the recovery rate was very fast . We believe that Bitcoin only has that recovery rate, we already saw that potentiality before that is why people are still giving their strong support even the price goes down dipper. But we can't deny also some newbies aren't that strong to hold in times of crisis knowing that they still in doubts of Bitcoin's capability and also with the market. With those instances, it contributed declining in price.
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Yes, I am interested in IEO projects more than ICOs nowadays, because I feel that IEO is much safer and as the token gets listed almost directly after the sale in the exchange, so the trade will be available without waiting long months which is the case for most ICO projects.
As far as I know, only IEO projects that are supported by Binace have (only) succeed while the other fails. We can't say that they are scamming just like ICO but people never give some interest with IEO most likely because of their negative thoughts about it and the worries effect that ICO left to the investors. Binance had already established a good market response which people believe that projects listed in this exchange will give them assurance for market return and not losses.
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If you note the first and the last time altcoins had a real bull market it was during the rise of Bitcoin from $14 to $1100 plus and most recently the rise from $600 to $20,000. Altcoins do well when Bitcoin is in an obvious bull run.
I do hope it this way, but right now the market is in very saturated mode. There are so many projects out there and the liquidity is spread to those projects. even if Bitcoin in a bull run, the only project that will make a movement will be Bitcoin itself. of course, everything is possible, it's just we need to make a counter-measure if it does not meet our expectation. In most bitcoin halving, it usually has a positive result but it has to say that it is possible not that be much increase with the price. It is something we couldn't just rely on this halving but of course, we are just hoping that it will help. For the current market situation, it is great not to expect too much and yet to think that this halving will result in a bull run.
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That image do looks photoshopped when you try to look the difference the hue between hands and the face plus having that different shade (just my opinion). If this is real then this is an another project been hyped up by McCafee and for sure the project spent out their marketing funds on having this troll to publicized their project and expecting for some hype that benefit em up.
Agree, even if it's real I would not support the project as I know the reputation of McAfee, which he destroyed it already in year 2017 during the time when ICO was still popular, he made tons of money that time, but this time it's different, people are already well aware and I doubt if there are still projects who will use his name for publicity, I'm afraid it would end up a bad publicity.
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Yes I could say that it really affect my personal reputation. Some of my friends admire me when I win some easy money from gambling. While some would look down on or make fun of me when I lose some. But I don't really care about it as long as I am playing my own money and nobody is getting hurt because of it.
That means it doesn't affect you at all, that's what you should do, don't mind them because they are not risking their own money and therefore they don't understand how it feels to risk your money while you are enjoying gambling. It's normal to lose, everyone even experience more loses that winnings in gambling because that the nature, gambling sites are into business to be profitable, not to give people money. Your friends are maybe not you real friends because when you win, they admire you or maybe celebrate with your when you spend your winning, but when you lose, they will judge you because they will not get anything from you, that's common in this world.
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of course demand in market is too low than supply, this is the basic trading in the market. as we know not just XRP have ow price in market another coin are in the same condition, i think it's normal condition because the market is saturated
XRP is a centralize coins, ain't no wonder that it won't go up just like what other altcoins may happen. Yes, it looks normal to dump cause XRP still dependent on the market demand but what it makes good to this coin is that we can have the assurance that it will never have a zero market value. Not really disappointing as I thought, it is only the people controlling its price puts some limitations and that could only they give for us.
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So Everybody talking about Altcoins bleeding and btc dominance....can the top altcoins can just disapere? In my opinion its a best time to but altcoins coz Panic sellers are selling?
But can Some coins just disapere? Or Go to Zero? I Think If market is Red its a Good time to buy!
I Don't undestood that Panic about altcoins!
Take a breath mate...I know you are in trouble by now, take time to relax sometimes in order to refresh your mind. Bitcoin still dominating the market and we can't certainly deny it ever since and ain't no wonder that altcoins remain the underdog. Countless numbers of altcoins are dead by now or we could say no market value. I don't say this is an unusual thing but it becomes usual this time. This is the common result from the greediness of some developers, they only look for their own benefits but not looking for the benefits of the entire crypto space.
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It didn't cross my mind that the price of bitcoin would drop back to $5,000. Because until now bitcoin price movements have begun to stabilize. And if that really happens, then I can't imagine what will happen to altcoin, because altcoin price movements always follow the flow of bitcoin price movements.
It maybe not this year as we are more than a half far from $5k and also we pretend to see bull run again. But how about next year? No assurance that Bitcoin will remain what it has today or it maybe it drops down below $5k just like it happens early this year. I know are not be hoping like that but the possibility will be there and we already experience it some times.
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KYC is absolutely not needed for bounty campaigners, because bounty hunters cannot launder money, they are just hired workers, freelancers who perform a one-time task and get paid for it. On some bounty platforms, you can complete KYC once and not complete KYC for each individual campaign. There are different options, but passing KYC for each campaign in which you participate is not right.
We can't deny that some of the bounties today are asking KYC to their participants to receive their rewards once done. It is our choice to promote their project and just follow what the rules said otherwise, we've got nothing. It is not actually hard to do KYC and ain't a problem but what we commonly think is that almost negative, worries that our identity will use in another form of illegalities which is not justifiable at its cost. In fact, known exchanges are even asking for KYC which just be the same as what did bounties do to their promoters and I've never heard some claims that someone took their identity.
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Christian Dekker: “I think that everyone will use bitcoin in one form or another. I’m not sure in what form this will happen, whether each person will have their own wallet or bitcoin will be part of some other mechanism in the hidden form "However, this is a very important tool, and people will use it."
What do you think guys? how many years do we need for all people using BTC?
it's possible but in my opinion, bitcoin is still in the process of acceptance and before it happens it will need a few more years We never expect for the fast and punctual approach towards crypto. Yes, we witness how it gains popularity but we can't deny that still a lot of question behind. Crypto development still ongoing and have to spread widely but the sad note is that many of us aren't able to enjoy it since some countries are opposing crypto and more worst they banned crypto totally.
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The price could go up that much but I would suggest be careful about it when that happens, if the price goes up anything above 15k there will be a huge gap in the bottom which means it could literally freefall back down under 10k and that would hurt many investors. That is why I highly suggest people to buy now and sell then instead of actually buying then, if you see bitcoin going up to 15k or more than do not buy it, it could still go even higher but that is a big risk compared to right now.
I am not saying bitcoin won't reach 20k or higher, it will but if it does a sudden move without closing the gaps then it will eventually fall which will be another bear run for months for us, it should slowly go up and down in order to reach highers while closing the gaps in between.
Without Altcoins, Bitcoin is not of great value and its price cannot be much higher than $ 10,000. I think the price of Bitcoin will decrease. May I know what is your basis on your statement? I just see the opposite happening because without altcoins, there will be no more competition in the market, hence, bitcoin would easily rise even higher than it has previously reach. Bitcoin is not viewed as a successful payment system because compared to the fiat payment system, they are more faster, bitcoin as its price getting higher, it's not good anymore for small transaction as the fee is high and the network congestion is one of the problem. Bitcoin now is heavily invested because people are transferring their money as bitcoin is more promising due to its limited supply that could result to a higher value as the demand increases.
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Snipped...
A successful trader will reach his goal if he has the right time to buy and sell and especially have patience to monitor the price going up and down to save profit in every trade its really hard to monitor but thats the only way to have profit in every trade. This will give us a sure income in every trade. If you have to make things right, decision making, coins to trade, trading strategies and attitude...you'll be set perfectly. It that be easy to think but somehow it is hard to work on especially if we don't have a strong belief towards crypto. Whan at we have to do now is to be committed and stay calm in all market changes. For not all the time we become successful but for our continuous pursue will help to bring an amazing trading experience that quite to consider as a success into our part.
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If you have still guts and trust against Bitcoin, I have to say that would be the best and great idea. But have to think about it now and consider those times that you have lost your first investment will not happen again. Yet to consider finding a new strategy that could help you out from making the same mistakes cause that will also be still losing at your ends. You have to be careful this time and let have things to change.
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As we know that Gambling is prohibited in certain religions including Islam. If anyone does it, the earned money is not legal and is considered Sin.
Legal refers to the law of the state while sin is on the law of the religion. We have to specify it properly as in our country, religion are state are separate and the law of the state is applicable to all citizen while the law of the religion is within the religion only. But what if someone is promoting a gambling site on social media etc, will the money earned from it be legal provided he will never directly gamble ?
It's a sin if his religion is Islam, but he won't be jailed for that one, honestly, I believe it's hard to discuss religion here because this is some kind of debate that will have no definite answer, unlike when we are debating a law of the state where there's a complete basis.
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No way, my reputation is bad anyway, LOL,, just kidding.
But seriously though, I think gambling is widely accepted in our community and although there are people who still think and judge the old way, as long as it's accepted by the majority of people, I have nothing to worry.
These people who are close minded are usually those people who are less successful in life because they are afraid of taking risk like gambling.
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We just need to be realistic, gambling is not a dirty money as long as it's not illegal in your country. People wants to have fun and gambling is just one of the ways to have fun, I am a gambler myself and I really have fun when I'm gambling, Losing is part of the risk, but with proper control, we won't be losing an amount that we cannot afford to lose.
I think people just need to be educated about gambling for them to appreciate it. Judging and closing our minds about gambling is a bad idea, the government already accepted gambling is a great source of taxes as they have differentiate between legal and illegal gambling.
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maybe there will be no more place for altcoin. only altcoin that has a large marketcap will survive. and maybe this will have an impact on the overall crypto trade. no one will buy again if bitcoin falls below $5k again.
If we could see how altcoins are crying when Bitcoin price at $3k early this year? This will be the same and they still are crying. Of course, high volume and liquidity coins will survive but those coins that are sleeping already will be totally dead sooner. This is what the market moves right now and I should have to put money to a thing could we could rely on the next ten 10 years or more.
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It was easier 2 years ago.big news were effect the market but its not the same anymore.
I think that it was even difficult that two years or three years ago because not many understood bitcoin and how it volatility can be. It was after the 2017 volatility and bull that high and over rated predictions starts coming into bitcoin. I think because people have started believing in it now than before. Not actually we should have to stay for that long in order to know how to speculate Bitcoin price. We can do our speculation right now even we are new into crypto, what we only have to do is to read crypto history and events, there you could find ideas and tried to make our own. Market prediction is not to be 100% accurate, not that cause prices often to move every minute, we only have a clue but not to the extent that it will make near to what we are predicted to happen.
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In most cases, the price of Bitcoin and other cryptocurrencies is highly dependent on news that appears in the press. But in this case, the news about the payment of Craig Wright did not greatly affect the crypto market. The fall in prices looks more like speculation of traders in the market in order to provoke a panic, lower the price and acquire more cryptocurrency.
Yeah I am after with the post and discussion the price actually gets effected by the news that comes in market if good news will come it will bring positive effect on price of the coin. Never sell if you hear from someone that market is low as so many people takes advantage of New people and they make them sell panic. Not really that hard if we all are the same but we don't and many of us still in doubts towards the market. This is what the market has a seller, buyer, and holder. We have this market composition and this is why we can't see a stable price but just a roller coaster. News has a positive and negative effect and yet to come that newcomers hear about FUD's, they absolutely get into thinking "sell it now cause it dumps later".
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Mass adoption is not easy if you will do it naturally and let the human nature accepts the changes but if the government will interfere, im sure the process will become much faster. People will not have a choice and proceeds to changes.
Only if the government realize it and the openness of their minds to look of what crypto can do to the community. With there participation, it helps business owners to adopt crypto and to think for the safety assurance. Legality of Bitcoin makes people to give trust and only be possible if the government says something good about this.
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