What do you guys think about today's sudden dump of over $700 ? Is it a sign of further market crisis and bitcoin going back to $3,500 or $4,000 like the month of April or else it's temporary and we will see surge soon as this might have been created to reinvest into it by whales?
I think too early to decide if bitcoin price will back to $3500 because it is still 1 day after dump happen. If me, i usually wait dump for a couple days, or maybe for couple weeks to see it is bear market or not. If still 1 day like this usually i keep remain to calm.
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True, in Indonesia there is no prohibition on cryptocurrency even now many products adopt blockchain, the government does not give any rules so I think this is very friendly in Indonesia. Singapore, South Korea and Japan are developed countries so it can be called friendly.
You did not get the point I was talking about, what I mean is in Indonesia you can freely trade it and owning cryptocurrency. But there is a law prohibiting people to use it as a form of payment because it has not been regulated yet by the local government. Unlike Australia and Japan, you can trade it freely there and treat it as a form of currency. adopting cryptocurrency as a form of currency in those 2 countries is possible but in Indonesia you will not be able to. Right, in Japan it is fully legal about crypto. And in Indonesia, you only can use it as commodities or maybe investment. By the way rules sometime have bad effect too because people in Indonesia will take the risk by themself and no regulation means they're not protected (IMO).
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Thanks a lot @mikeywith for taking the time to post this amazing analysis here. I am not actually technically-gifted person but your post seems easy to catch up. I am expecting that by next month Bitcoin can try to break the $9900 level and from thereon until the end of December we can be moving sideways. Do you think that can be possible based on your charts?
I believe we will touch 20k before halving but fail to break it until after. This is in line with my belief. Everyone believes that bitcoin will really touch again the price of 20000$ but we still not sure that it will happen in the end of this year or even in the year 2020. As of now the price of bitcoin are now near to fall 7700$ which when it might result to another bear market because it will keep on falling down. I guess the bitcoin halving will be the big event that can bring new bull market to us. It will not a long time for bitcoin to reach $20,000 if the market is ready as we have seen over 30% in crease overnight during the bull run ans we are just a bull run away from those magical numbers but again the worst part it we don't know when as I am sure $8,000 is not the permanent value of bitcoin as it will pump but not sure when. Come on, guys, this is the fourth quarter of the year with no bull run in the market yet. Don't forget the market normally goes down during Christmas and New year. Forget the charts, I don't actually see a reason why bitcoin price will reach $20,000 by the end of the first quarter 2020 why not even third quarter? Do you even have a reason for the pump? the price doesn't just get pumped like that ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Only halving is my reason why i sure bitcoin price will increased. Maybe there will be accumulate phase after it down on christmas and new year like what you said. But if next halving really can bring bitcoin price like in last halving, maybe it is time bitcoin to increased it's value. yeah everybody is sure that halving will ring positive changes in bitcoin price and i think after this halving the price of bitcoin will become very high, so now a days it is a chance that the price of bitcoin is very low as at this price the accumulation of bitcoin will be very useful for the future and bitcoin will bring more profit. If people still have money and really afford it, i think it is worth to do. At least bitcoin investment is safer than must make investment in new projects. And with halving, people already have benchmark or maybe confirmation about news that will make bitcoin price get pumped.
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I think as long LTC still stable in that price, or maybe not dumped very much it already good for me. Sometime when i want to send coin between exchanges, i use LTC because it have small fee and if the price increased it will be better then.
low fee.. this is one of the strong reasons that make Litecoin in great demand, I personally move assets from one large exchange to another large exchange with Litecoin and Stellar. yes you're right, litecoin transfer fees are quite cheap and therefore many use it to transfer their funds. besides since halving them a few months ago, the number of ltc circulating in the market slowly began to decrease due to the reduction in rewards per block. so Litecoin actually has all the reasons to be able to recover. just because of several factors cause ltc is still sideways today. I think it's only a matter of time, so I will continue to believe until the time for ltc comes. If a lot of people still believe with Litecoin, maybe it is right only wait the time to come. A lot of people i believe hold litecoin too or maybe still use litecoin, although only to transfer between exchanges, it means demands still happen to it right?
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I think as long LTC still stable in that price, or maybe not dumped very much it already good for me. Sometime when i want to send coin between exchanges, i use LTC because it have small fee and if the price increased it will be better then.
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The market for Altcoins has been bad recently, and many Altcoins have died and lost a lot of money. What kind of Altcoins do you think will die?thanks for sharing
Altcoin will die, is when their developer speculate with investor's money. When they want to make product from ICO and sale. Because money that they have will only from investor and if something unpredictable happened, they sometime not really care about it.
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For novice traders I think you should be able to learn more about how to buy and sell coins at the right place of exchange and you should be able to understand price movements and wallet differences in each coin, lest you send coins with the wrong wallet and cannot see the condition of the movement of the graph in the exchange.
That is easy, I mean buying and selling coins is easy, the part that they need to understand and study is the part where they are going deeper, analyzing when will be the right time to buy and sell, predicting the unpredictable and making impossible things into possible will surely make them profits maker in the Trading industry, the most common mistakes that the young ones are making is rushing to the peak and ignoring the basic stuffs to be their strength in their journey. Most of the new entrants into this market do not have much experience in trading and will often encounter big problems in investing. I think you should not rush to invest because this is not a place where you can make a good profit. According to the latest statistics, 75% of new investors entering this market tend to lose more money and the psychology of those investors will often be very bad. Based on my practical experience, it is best to spend $100 to try trading in this market and If you feel that it is not suitable, don't invest. $100 worth of experience. I think it is logic value to learn about trading. As long people use money that are free, i mean not used to fulfill their daily needs. At least they will feel how is real trading and i know it is different with trading in demo account.
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Thanks a lot @mikeywith for taking the time to post this amazing analysis here. I am not actually technically-gifted person but your post seems easy to catch up. I am expecting that by next month Bitcoin can try to break the $9900 level and from thereon until the end of December we can be moving sideways. Do you think that can be possible based on your charts?
I believe we will touch 20k before halving but fail to break it until after. This is in line with my belief. Everyone believes that bitcoin will really touch again the price of 20000$ but we still not sure that it will happen in the end of this year or even in the year 2020. As of now the price of bitcoin are now near to fall 7700$ which when it might result to another bear market because it will keep on falling down. I guess the bitcoin halving will be the big event that can bring new bull market to us. It will not a long time for bitcoin to reach $20,000 if the market is ready as we have seen over 30% in crease overnight during the bull run ans we are just a bull run away from those magical numbers but again the worst part it we don't know when as I am sure $8,000 is not the permanent value of bitcoin as it will pump but not sure when. Come on, guys, this is the fourth quarter of the year with no bull run in the market yet. Don't forget the market normally goes down during Christmas and New year. Forget the charts, I don't actually see a reason why bitcoin price will reach $20,000 by the end of the first quarter 2020 why not even third quarter? Do you even have a reason for the pump? the price doesn't just get pumped like that ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Only halving is my reason why i sure bitcoin price will increased. Maybe there will be accumulate phase after it down on christmas and new year like what you said. But if next halving really can bring bitcoin price like in last halving, maybe it is time bitcoin to increased it's value.
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Type of campaign: Translation Bitcointalk Username: topbitcoin Language: Indonesian Telegram username: @Top_Bitcoin ERC20 wallet address: 0xFfa6ADEC873c41f08d6D28d8f4eb978f968969f3 Translation/moderation experience: ★|PORTFOLIO|★
╠ANNOUNCEMENT THREADS╣
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Type of campaign: Translation Bitcointalk Username: topbitcoin Language: Indonesian Telegram username: @Top_Bitcoin ERC20 wallet address: 0xFfa6ADEC873c41f08d6D28d8f4eb978f968969f3 Translation/moderation experience: ★|PORTFOLIO|★
╠ANNOUNCEMENT THREADS╣
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RachelX Token adalah yang pertama memulai IEO pada empat exchange secara bersamaan! Dapatkan Tokennya: LaToken: http://bit.ly/2YPKzSdFinexbox: http://bit.ly/34gayBADapatkan bonus sebanyak 15% sampai tanggal 16 september mendatang! IEO RachelX Token's. Kejutan besar untuk komunitas akan segera hadir! 17-09-2019 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FvZkdxHr%2Frach.jpg&t=663&c=q4d3iNT52w6DYw)
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Type of campaign: Translation Bitcointalk Username: topbitcoin Language: Indonesian Telegram username: @Top_Bitcoin ERC20 wallet address: 0xFfa6ADEC873c41f08d6D28d8f4eb978f968969f3 Translation/moderation experience: ★|PORTFOLIO|★
╠ANNOUNCEMENT THREADS╣
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mungkin maksudnya itu digandengakn dengan dua metode pembayaran fiat atau rach token jadi bisa secara mudah yang ingin mengunakan faltfrom ini menurut tanggapan aja
bisa jadi gan tapi kayak nya ini cuma di benua eropa yang bakalan terealisasikan nantinya antara pengguna platfrom rachelx yang ingin membayar fiat atau rach token di saat ingin membayar peninapan hotel.sejauh ini bagaiamana perkembangan proyek ini kapan ieo akan di lakukan. Rachel ini kan nantinya bakal ada fitur bentk fisik seperti rachel spa dll, nah token rach ini bisa digunakan untuk hal tersebut (di dunia nyata) dan juga dapat digunakan di dunia virtual untuk layanan2 lainnya seperti rachel hot manga, rachel 306° dsb.
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seperti nya sudah semua di terjemah kan gan karena saya lihat di ann bule nya sama seperti ann indo nya https://bitcointalk.org/index.php?topic=5169252.0 permasalahan bounty penerjemah hanya menerjemah kan ann tidak ikut tread bounty jadi untuk bounty yang berminat bisa di cari sendiri ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Bounty nya ada kok gan, ane udah cari di bounties altcoin nya ada. Campaign yang disediakan juga banyak, kalau mau ikutan boleh tuh dicoba . Nih link nya https://bitcointalk.org/index.php?topic=5174257.0oke gan terimah kasih info nya kirain aku tidak ada bounty untuk proyek ini kalau di lihat teliti alokasi sosmed nya sangat kecil sekali hanya 8% fb dan 8% twitter padahal kebanyakan bounty lebih membuat alokasi besar untuk sosmed karena promosi dari sosmed termasuk jitu dapat menarikk investor oh jadi penerjemahannya hanya Ann threadnya saja ya. terima kasih atas thread bountynya gan. setau saya malah pembagian terbesar biasanya di campaign signaturenya gan. jarang sih kalau sosmed alokasinya besar. terjemahannya ada bounty dan whitepaper yang akan segera menyusul gan, soalnya lumayan banyak juga dan ada sedikit kesibukan di real life jadi agak terlambat.
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Ini adalah catatan untuk pengikut kami yang mengingatkan bahwa IEO kami akan berlangsung di Latoken Vindax Finexbox ExMarkets_______________________________________________________________________________ ___________________ _______________________________________________________________________________ ___________________ TENTANG RACHELX: RachelX merevolusi pasar erotik dan menggabungkan bisnis tertua di dunia dengan masa depan virtual yang fantastis. Jadilah bagian dari ini. Pengalaman petualangan erotik luar biasa Anda sebagai avatar Anda sendiri di dunia virtual RachelX yang fantastis. Kami membangun jembatan antara pengalaman erotis virtual dan nyata. RachelX menawarkan platform untuk layanan virtual dan nyata. Selain itu, RachelX Virtual menggabungkan teknologi realitas virtual terbaru. Hot Model, memindai sentimeter demi sentimeter dalam pemindai tubuh 3D, nikmati model RachelX Anda dalam realitas virtual. RachelX Pure Pindai tubuh Anda di studio erotik 3D-Body Scanner RachelX Interactive dan rasakan fantasi seksual Anda sebagai avatar Anda sendiri dengan model impian pilihan Anda. Dengan RachelX Live, Anda dapat bertemu model Anda dalam kehidupan nyata, menikmati beragam layanannya, menciumnya, mencium wanginya, mencintainya, dan bersenang-senang dengannya. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FQ69QTJN%2F1-indo-new.jpg&t=663&c=BK62yFEFtYzyFg) 1 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FT1R6j2D%2F2-indo-new.jpg&t=663&c=PSuHkhvspnndlw) 2 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FrcY2fx3%2F3-indo-new.jpg&t=663&c=CdDQuVhtcG70pg) 3 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FRCznS8R%2F4-indo-new.jpg&t=663&c=d1F4NgCikuK_PA) 4 ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FF77sd1p%2F5-indo-new.jpg&t=663&c=Ww_ChlGFM9YeMA) 5
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Type of campaign: Translation Bitcointalk Username: topbitcoin Language: Indonesian ANN + Bounty + Website + WhitePaper + Onepager : YES Telegram username: @Top_Bitcoin ERC20 wallet address: 0xFfa6ADEC873c41f08d6D28d8f4eb978f968969f3 Translation/moderation experience: ★|PORTFOLIO|★
╠ANNOUNCEMENT THREADS╣
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