bitcoin still hasn't shown a significant increase. many speculators who say q4 is the beginning of bitcoin to rise. yes, it actually goes up to $ 4000 but finally drops again to $ 3500, and tends to be stable with no movement at all.
right, currently the price of cen`derung is stable, and there is no major movement. so after the consolidation period is over, I think there will be a big movement. but up or down, we don't know |
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People are awaiting to bid bye to bears and wholeheartedly welcome bull trend. Days, weeks, months have passed, but we haven't experienced any such kind of big growth. The market is highly fluctuating and it isn't moving above certain price point. When that particular barrier is broken, the price will move upward and sustain giving way for the bullish trend.
Perhaps the market will grow, but the question is how long it will overcome this barrier. A year, two? Let's hope this happens faster. Who knows how much patience investors have. I think more that investors are getting bored with all this and are bored to wait for market prices to recover. They will leave the virtual currency and re-invest in more stable gold. Maybe. I think there are also investors like that, and waiting for the passion of Bitcoin to come back again. gold is safer to invest, but with high volatility, making bitcoin more challenging |
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Bitcoin does not need any miracle in order to once again in several years overcome the $ 20,000 mark and go much higher. It will happen whether we want it or not, the most later when it happens in my opinion is 2022. By this year, we will probably be able to see Bitcoin at a price of $ 100,000.
I agree. now is the process that occurs because there is a lot of bad news, which hinders the development of bitcoin. patience and good strategies are needed to wait for the increase in BTC prices along with its development |
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I do not trust ICOs nowadays because most of it are worthless project. Their only goal is to earn profit and they do not have care on their products. Most of the ICOs nowadays are doesn't have a improvement and development after they listed in exchanges.
right, they seemed to only collect money from investors, then go from responsibility. and that is what worsens the image of ico at this time. although not all ico like that, but the current conditions make many investors disappointed |
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Considering the market surge of 2017 and the bearish market of 2018.
What is the implications of the 2018 bearish market on the Cryptocurrency market ?
Did the situation increased or decreased adoption rate of Cryptocurrency?
It decreased a lot I think because the new money entering into the market completely stopped and the traders are the only keep circulating their money to make profits from day trading.But the bearish trend removed lot of people who just came here for money o only the holders are now here with strong intention and looking for future of decentralization. indeed many people just enter the crypto then the price drops, so many are frustrated, because the market drops dramatically. many leave crypto, but there are also those who are faithfully waiting for the market to rise again |
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Still can't reduce unemployment rate because bitcoin value is not stabel so that you don't have permanent salary but bitcoin always taking a risk this can't reduce unployment in our country. Bitcoin is help for part time only but you need to find an stable job for you to have back up on profit.
I agree on this one, bitcoin is too risky to depend on because of its price movements and we know that this market is still on a speculation basis and if you are in need of money everyday, its hard to use bitcoin. Having a real job is still better, the unemployment rate will still not be good if people will just depend on bitcoin. I do work on bitcoin as a side job, and it still works real. By looking at the uncertainty of income from bitcoin, I chose to work in the real world, and considered income from BTC a bonus |
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I will only buy crypto with the top 10 ranking in coinmarketcap, if I trade on the cryptocurrency market, I think maybe it could be a good quality crypto indicator when there is a bear market and ready to get green candles
That's safe, top 10 crypto in the market are all good coins, they are here because they are profitable. With the current market value now, price is still profitable when compared to the starting price, so it's safe as it might bounce back soon. right, I myself prefer to buy the top coins for safe reasons too. I don't really expect when bullrun will happen soon, but clearly bullrun will happen, I don't want to expect it like in 2018, which erodes psychology |
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frankly this is good if stock investors and cryptocurrency investors join together, this will result in tradeoffs between stocks and cryptocurrency, investors will be free to trade stocks and crypto in very broad zones because two places have united, Shares and Cryptocurrency.
of course with the presence of ETF and Bakkt, there will be many investors from stocks that include funds to invest in cryptocurrency. so that this will have a good impact on the development of crypto |
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I think its better government collecting taxes from our gain not from our trade. Cryptocurrency is investment and if we collected by our trade, its must be very huge amount we should pay on taxes. But for more safe, better keep cryptocurrency as long term investment because sometimes government policy change
Tax is one of the state revenues used to run the wheels of government and development. The government is trying to impose tax on crypto in a way that does not impose the transaction from the crypto owner and provides security for investment and crypto trading. as if the government is providing land to invest in crypto with its legalization. and the government applies taxes to get compensation. but this becomes no problem when security guarantees are given by the government |
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bitcoin will exist longer than gold i think.although its already more than 1000+ years for gold someday its metal will have no value anymore if appear new metals or other commodity that could replace gold.gold has no value besides it supply, meanwhile bitcoin has additional value on this technology that will always developted.
but gold is attached to everyone's heart, and has a form. I think gold will still exist and bitcoin will catch up. although the gold stock is infinite, but until now prices tend to rise, due to the increasing demand factor |
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Many people take bad situation with making altcoin scam project, many country have stop and banned for using bitcoin as investment or payment transaction because lower price and scam project take by other.
they considered it a game, so the government warned of its worst impact, and many forbade it afterwards. especially with the events of 2018, making many people eroded in their beliefs |
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Goldman Sachs: Bitcoin can be useful for a troubled economy
Analysts at Goldman Sachs Zack Pandle and Charles Himmelberg said that digital currencies and, in particular, Bitcoin, can become a viable means of payment in countries where traditional money is not sufficiently provided.
Probably true to some but not to majority. Bitcoin itself is not cheap, though it has went down dramatically since it hit its peak price but, still not so affordable to those who are in a difficult situation financially. it is not cheap in our fiat currency per 1 bitcoin, but we can buy it according to our capabilities. so that you don't have to buy in full per bitcoin. I think for those who use BTC at this time, of course they will be able to have prosperity later |
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Only one thing ive learned in this crypto market:
Never hodl your coins ,dont ask for higher price and big profit or else you will regret if the price will suddenly drop.
indeed, if we are not good at analyzing, but for those who have good fundamental techniques, certainly not afraid to hold coins that have the potential to have a good future. indeed, today many are frustrated because the prices have dropped dramatically, and therefore many have eroded their confidence Certainly, this is the risky part of business we tend to hope for the bigger profit and so greed comes in. Well, this is the consequences of being risky which we also lose and all we can do is being wise enough especially what happens in 2018. Many definitely are losing last year that leaves a scars and probably make them to be more careful this year. That is what we do tough. I mean we take the big risk to get the big reward. If I wanted to get small returns I would just put my money in the bank for savings interest, which is incredibly small and is probably less than the inflation so that doesn't make sense. We go into crypto because we know in the end we can lose our money and most of us did in the 2018 calendar year but there is also always that chance of hitting big and making much more than the bank interest. So, that is the question you want to ask yourself, would you rather make a guaranteed small return or would you like to risk it all and get a huge return (maybe). If the answer is I want to make sure my money doesn't get lost, then go invest into a bank savings account but if you don't care losing that money and want to see a big return, crypto is the place for it. We keep taking big risks because we know that we can get more high returns from it. Those who brave persons are keep making investments due to their faith that they can grow their investments. right. no ad knows for sure when the market will grow. but when there is an opportunity to invest at a low price, we use it as well as possible, because we believe the market will shine later |
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It is reputed that most centralized exchanges fake trading volumes to attract more investors to their community. Transparency is much lower in centralized exchanges when compared with DEXes.
Try to compare trading volumes with market capitalization and also check up recent orders and trades.
Which means that dex where far better than centralized exchange? I know that decentralized exchange were far better than centralized but in terms of market cap volume then I think DEX does not have this though there are dex now had gone some good marketcap volumes like those known dex. regardless which one is better, I think that way, but now even though a decentralized system including the development of smart technology still cannot be applied as a whole, there are still many who cannot yet accept it |
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If you submit KYC to an exchange and project, you can be reported to government. Thus you should pay all your taxes.  Most government right now trying to regulate crypto market to collect taxes from crypto transaction. I think exchange will keep asking KYC because they should following government regulation As cryptocurrency is evolving and meeting the mass adoption, the issue of KYC and AML cannot be forgone. Governments are getting interested in crypto and regulations must be put in place to check the inflow and outflow of funds. KYC is just for verification purposes and to eliminate the entry of bots in some projects. indeed the goal is true as long as it is used correctly too. but at the moment that requires Kyc not the government but from the project side, hopefully there is nothing to be misused for the wrong interests |
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How ever paper money is really big scammer in the world, how come last ten year we can buy every thing at my country with one hundred thousand money but right now have less price, better if one day you have much money save it at gold or other investment kind and never save at paper money.
every year inflation always increases, which makes the value of the currency shrink if used to buy the same item. but somehow the paper currency is legalized by the government and we must comply with it to transact |
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As we know that blockchain is a good kind of digital technology, it is always possible that there are many business, corporations and many more countries are supporting for this blockchain technology, for the find this technology very useful for the improvement of the different business strategy.
in cryptocurrency, there are indeed many companies that make their own coins. so that a project emerges. with more and more countries supporting it, more and more projects will emerge and develop their own coins |
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In my opinion if the trump issued the regulation will directly affect bitcoin and the crypto currency market, because the government does contribute to the price movement of a commodity including bitcoin, when the government prohibits a commodity from being traded, the people will certainly obey the regulation because the public is afraid trading commodities that are prohibited by the government means they violate the law and can get sanctions.
indeed the government's policy to legalize bitcoin will encourage the development of BTC. but in my country even though it has not been legalized, but we can invest, and not violate the law, except for transactions |
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The only thing that I think if oil will rise in price and the price of gasoline and diesel fuel will rise! The rise in price of gasoline will affect everything else... Connection with oil and cryptocurrency do not see!
means that you mean there is no effect on bitcoin, if the price of oil rises? I think that too, because prices are affected by demand and supply, and also news that is directly related to bitcoin |
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I would say that Bitcoin has somewhat decreased unemployment rate but ya it has open a new space of freelancing and it has provided majority of crypto users to earn money without any legal bounding and through marketing.Blockchain is widely popular now and is pursued as field for developers but this technology is majorly for technical background jobseeker.
From the possibility of the benefits that can be obtained, many unemployed people can use this method to make a profit, they will no longer be unemployed because they already have a source of income right, the main thing is to have a source of income, with that everything starts. maybe they song open a business with capital from bitcoin. or maybe keep trading on bitcoin, or take part in the ico campaign |
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