bit of a fat finger or somthing on bitstamp. I missed seeing it live but chart looks interesting.
It looks like some guy market bought by mistake 150 BTC, then realizing his 'mistake' he market sold incurring a loss of appr. $300K. And that's in essence how the daily trading works Looks exactly like that, pretty odd. Sometimes it can be quite difficult to really know with any kind of certainty, and surely instead of a fat thumb, it could have been a pumpening attempt that failed.., but I agree that the fat thumb explanation does seem to be more likely of a scenario because such a thing does happen from time to time and sometimes is later admitted to or described as a factual scenario surrounding "large" price movements that more frequently happen on less liquid exchanges... but also sometimes happen on more influential and liquid exchanges, too. when i worked back around 2011 on i told people at work about bitcoin. ......
.... but then again maybe not. bitcoin was too important not to spread the word.
This is a good point, vapourminer. No matter the circumstances, there is a balancing that is needed to be considered, and in some sense, some of us might feel some kinds of obligations to have had spread the word, whether we are talking about 2011, some later date, or even now, and all of a sudden because we may have become rich as fuck or relatively richer than some of our neighbors because we move above and beyond ramen, we still might have some balancing obligations (surely, personal discretion in terms of how much of any kind of obligation that might be felt) in terms of sharing with others but maybe not getting too caught up into personal details. I continue to frequently tell people (strangers and even people that I might only know superficially as well as persons that I know in more intimate and ongoing ways) that bitcoin is likely to be serving as one of the greatest wealth transfers that we have ever known or that the world has ever known, and sure you can remain stupid about it or unaware, but in some sense you are lucky that I am even mentioning such a thing to you and going into some details about my having had studied the space. Sure, you have the right to do whatever the fuck you want in terms of "looking into the matter" or taking some kind of meaningful action or even ignoring whatever I have said to you about the topic. I am not necessarily going to attempt to teach you anything beyond some informed questions that you might ask, but in a considerable sense you have been put on notice, and it is up to you regarding what to do, if anything. Surely, my going into the idea of "the greatest wealth transfer in history" is going to vary and is quite likely to come out differently, and maybe at some point I might hone in upon some better formulaic ways of saying such things and to differ the pitch a wee bit depending on my assessment of the receptiveness of my audience. As per chart below $57000 BTC is bullish . And My Targets are $72000/$78000 https://www.tradingview.com/chart/BTCUSDT/dpUsEzQv-Bitcoin-Ready-for-78000-for-New-All-time-high-and-After/
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Chainlink ka all time high price 18$ tak hai or agar Bitcoin dominance or down jayega to Chainlink ka price up jaa sakata hai. Ho sakta hai ye 50$ ko bhi cross kar jaye.
Chain link is one of the Top 10 digital currency on coinmarketcap and has shown tremendous growth during the past one year. Its current price is around $30 and trend is very Bullish. Any breakout from here will take the price to $40. It is one of my favourite coins and my long term target of LINK is $100. https://www.tradingview.com/chart/LINKUSD/xWWRIQEL-Why-And-How-LINKUSD-Can-Form-A-Upside-Channel-Breakout/
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for me, it provides a benchmark price of 10 times from now, it could even reach 15x from now. but looking at the market a few years later it looks like it will be one of the possibilities for ETH and other crypto to be used for the global market legally. I think this can happen at any time
If ETH adoption grows by a large margin, then we'll be able to see the coin become much more valuable than what it is right now within the next 10 years. For what I know, 10 years is a lot of time in the crypto/Blockchain space. My guess is that ETH would've already scaled to millions of users with every network upgrade implemented within a decade from now. Imagine ETH being faster, cheaper, and stronger than ever before. The price per coin could go well above $5k at a very fast pace. Nonetheless, it seems to me that ETH's price is driven by utility instead of speculation. The world's second-largest cryptocurrency by market cap is heavily used by everyday people to interact with decentralized applications on a daily basis. If there's utility for the coin, demand will increase. This translates into higher prices in the long term. Considering that no one can predict the future, all we can do is speculate hoping that our dream would come true someday. Who knows how crypto land will look like 10 years from now? Just my thoughts It is world's second largest crypto currency today but with lot of competitors like, Polka dot, ADA. are taking Market share of Ethereum as they are much faster and less costly. Ethereum network is almost unusable due to extremely high transaction fee. and an average trader can not afford to pay it only whales can bear such huge costs. I am not very Bullish on Ethereum unless its team comes up with some viable solution.
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For the price decline that is happening to Bitcoin now, I consider it normal, indeed part of the volatile Bitcoin price. Especially if we analyze several times Bitcoin tries to fall below $ 45k, but always fails and comes back up again. This proves the Bitcoin support price at $ 45k is quite strong, and if we can be more patient for holding Bitcoin. So our patience will pay off when Bitcoin can come back up to a price of $ 58k again. So don't panic when the market is down like now, because panic will only make us wrong in making decisions.
I am a long term Investor of BTC and never get upset with price slide or correction because I firmly believe that BTC is a digital and store of value and history has proved it again and again that it always bounces back and makes new highs.
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To this we agree. I also think the concept of NFTs is awesome. But I'm not quite sure about the current execution of the idea—I only started looking into it literally days ago. It does look like an ideal way for art/content makers to monetize their creations. How about buying some art pieces now for $0.06, and selling them in a few years for $millions?* Here's something for all of us to think about. * Why do I get a sense that I'll be reading this post in 10 years' time and be filled with regret and bitterness?There is lot of discussion about NFTs on crypto space nowadays but honestly speaking I have not been able to understand their real use case other than Art collection. The Hype in this sector has been created by Mainstream celebrities like Paul and it will continue for how long that remains to be seen. The early birds in this sector have already booked Huge gains but who enter at this stage when the Market Hype is on its Peak , I am afraid they will be losers. https://www.forbes.com/sites/abrambrown/2021/02/26/what-is-an-nft-and-should-you-buy-one/?sh=676ffa5024b2
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So, if you are looking for the top altcoins to invest in your money, you should choose from Ethereum, Cardano, NEO, OmiseGo, and Vechain. In case you are not able to invest in Bitcoins, you should look for other cryptocurrencies. At present, the crypto market is performing better than the traditional one. Although Stellar and Qtum are gaining traction, they have to get more market capitalization in order to emerge as the profitable ones to the people. Watch out for a reputable crypto platform if you are not getting anywhere in crypto trading and investments. It will definitely help you out. Sources>> https://www.cryptoknowmics.com/I think all Top 20 coins excluding XRP will perform good in 2021 but my favourites Alts are as follows: Ethereum, LTC, Polka dot, ADA and Link. I am pretty sure that these coins will outperform and their price will increase many folds. Holders of these digital assets will book un- imaginable profit during 2021.
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The introduction of merit system to Bitcointalk is a great idea aimed to reduce spamming and low quality contributions. But I believe that it should be implemented in a way that also favors newbies in ranking up. Some members are engaged in merit racketeering or trading, and that may make it harder for low ranked members to rank up as they do not belong to this "special group".
I totally subscribe to your views about current merit system which has made difficult for new comers to rank up as people give merits based on personnel liking or groups of people share merits among them and quality of posts is not the only criteria to get merit which was the core purpose of introducing merit system. The management of the Forum should review it and make an objective assessment " whether this system is achieving its desired goals or not".
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Good afternoon WO! Observing @ $56,140
Correction in action.
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Seems like NFT hype not over yet, so investment on it could life changing opportunity. I’m still waiting the perfect moments the boom session of altcoins and everything drives up prices surely. Until then we can wait and see if this is true. As soon as ETH stable everyone is driving altcoins to rockets.
There is lot of discussion about NFTs on crypto space nowadays but honestly speaking I have not been able to understand their real use case other than Art collection. The Hype in this sector will continue for how long that remains to be seen. The early birds in this sector have already booked Huge gains but who enter at this stage when the Market Hype is on its Peak , I am afraid they will be losers.
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Being rich means being able to provide one’s basic needs and still have enough to keep as back up. It also means having more assets than liabilities.
Having more assets than liabilities just means you have a positive net worth, it doesn't mean you're rich. If you've got $1,000,000 in cash and $999,999,999 in liabilities, your net worth is the same as a guy who has $1 and no liabilities. Neither of these people is rich. My definition of being rich is beyond Financial terms of Assets/Liabilities or accumulation of wealth which is beyond your needs. If you are financially secure, have a purpose of living with healthy mind and spirit to help other who need your financial and moral support, you are rich, in deed. https://www.huffpost.com/entry/what-is-the-true-meaning-_b_7740162
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For me this is the best time to buy more #discountperiod Even though the market will keep bleeding until the end of this month i will just keep buying because at the end all of that will rise again (Only Top coins like BTC,ETH and BNB).
BTC is above 60K now and made new ATH. BTC Dominance Index is 62% which is good to take entry in Alts. The 2nd wave of Alts coin Rally is likely to start again anytime soon and we might see new highs of Top 20 Alts in coming weeks when BTC stabilizes.
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the target for 41K is max on 30-31 March but it will be some sh!t like 41.999$
So, the current increase in Bitcoin price won't last a long time, buddy? $61,000 drops again to $41,000? Ah, does it a strong reason for me to sell all my Bitcoin now? I don't know how you know it, buddy. But I am not sure if the Bitcoin price to drop again below $50,000. Yesterday people said if March will be a nightmare of the Bitcoin Bullish trend, the price is predicted to have a severe correction. But in fact, there is only a normal correction, on the contrary the Bitcoin price starts to pump again now. How do you think of this? Else then that I see $60k-$75K the whole months of May & June.
Yeah, I also expect that the price will be above $70K in the next month if the bullish trend still continues. The current price is already about $61K, it is not so hard to jump to $70K if no bad news about Bitcoin coming in the near future. BTCUSD is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 76. Take Profits: TP1= @ 61023.20 TP2= @ 63443.70 TP3= @ 65960.30 TP4= @ 68865.10 TP5= @ 72213.70 https://www.tradingview.com/chart/BTCUSDT/fQuZqVTB-Don-t-miss-the-great-buy-opportunity-in-BTCUSD/
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Finally hit $60k USD/BTC! Woo!! Sheeeeeit! There's good shit, and then there's bad shit. This is good shit!
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Do not trade Alts with BTC these days, You will just lose
I do not recommend to trade alts with btc these days otherwise you will be just loosing your money. As BTC hitting its ATH, the prices of alts are dumping even if it is BNB or any other coin whichever was stable in the last months. Just trade BTC/USD only.
Your suggestion is good but it works only when BTC is either Bullish or Bearish and BTC Dominance Index is higher ( more than 70%) but When BTC is stable and BTC Dominance Index is around 60% then it is good opportunity to entry in alts (Top 20 on coinmarektcap except XRP) and sometimes traders book huge profit during alts Rally. During the rally alts also show good performance not only against stable coins but also against BTC https://cryptoguidepro.com/bitcoin-btc-dominance-index-meaning/
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Would everyone who bought at $100, would have had the insight to hold? Probably not. And if not, where would you have sold?
They would have sold at 1000$ or 20000$ Maximum. I don't think anyone would have the patient to hold it when they see too much profit. Another reason for selling is that bitcoin price does not always rise. It got to 1000# and dumped to 220$. Then again moved to 20000$ and dumped to 3800$. So there is no point holding when you can sell and buy back more later. I am sure that a significant amount of people would have sold for a loss when the price went down to 60 or something like that, however for those that really believe in bitcoin and its potential I am sure that they will still hold the majority of those coins, the real issue is when to sell? And I think that unless you were forced by the circumstances the correct answer is probably to never do it, I think we are getting closer to the day in which we will be able to use our bitcoin directly without converting it to fiat which will make holding even easier. True. Panic selling always happens when price crashes. It becomes very hard to hold patience and wait for the price recovery and those who hold during the hard time make huge gains in future. The answer to decide when to sell is difficult to answer as there is no crystal ball to make 100% correct price prediction. The only tools available are Technical charts which help you to know the market sentiment.
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-Whats the smell? -ATH is coming..
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Such a sad news... FBR has nothing to do something productive so they going after 75,000 people who are working as freelance and online and brining millions of dollar $ in Pakistan. Our IT industry is already tax exempt until 2025 so it's not a tax fraud in any way. Hamari IT industry aur hamari govt. ki support for IT bahoot he thaki hoi hai balke nah hone k braber when you compare it with India, Bangladesh and Philippines. So hope for any coming good out of the current government is diminishing day by day I do not think it is bad to pay some % to government in returns. People are earning to yar 1 lakh kay peeche 1000 pay karne see kya ho ga? Good suggestion. Bhai Pakistani han toh kuch apny country ko bi dena chaye. agr goverment 1Lakh pe 1% TAX leti ha toh kafi munasib ho ga. Yeh bat such ha k IT professional achi khasi income generate kerty han apny online projects se. Meri apni family mein software developers Masha Allah online achi income generate kerty han. Tax pay kerna ek resposible citizen hony ka saboot hota ha.
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