There is an almost disturbing downward change in the market price of cryptocurrency, and this is a general problem. Bitcoin as biggest cryptocurrency is taking a huge hit and it is spreading over to even major altcoins like BCH, stellar, litecoin and other promising ones such as Matic, Elrond, Vite etc.
Regardless of the negatives that people have about crypto in general, there has been many bears like this and the market has come back up. I strongly believe that the market will definitely come back green and that now is the time to fill the bag and acquire these coins on the low.
This is the moment where conditions like this are a must read for investors and traders related to market speculation. All can happen that certain moments are definitely awaited by the bears and others to fill their pockets and get these coins at a low price as you mentioned above. of course, for investors and traders in this situation, they must be able to convince themselves to be able to decide to make a purchase or wait until the market price returns to the lowest point to fill their bags to be able to get a few coins at a low price, but on the other hand , many long-term traders and investors are waiting for the bullish market, to sell the coins they already have to make a profit. |
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for developed countries the government should be able to support the existence of this modern technology, Bitcoin is a new breakthrough to meet the needs of alternative transaction tools that should be developed throughout the world, although the government's role cannot control Bitcoin at least there is support to be able to introduce Bitcoin to the layers of society as digital currencies which is quite popular in most countries that already accept Bitcoin
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Especially in the wall observer, you will see people that want bitcoin's price to get increased. Although, if bitcoin price goes down, it's good for many people too. For example, I want to get decreased so I can buy more BTCIf we assume that there are only people with huge fortunes on bitcoin, then yes, it's too bad if the price goes down. But, except from those guys, there are the ones who are waiting to buy more. We never heard anything from them  most people would expect that kind of thing, when there is an increase in market prices of course he immediately sells it to get a profit, and try to wait for the decline to occur again to be able to buy more coins that he will hold later. Long-term traders certainly expect an increase to occur and he will feel happy if the sales target is achieved |
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It seems that some countries, including the government of the country in which I live, have taken a herd immunity method to fight the growing Corona virus on a daily basis. This method is of course much easier and does not cost the government much money nor does it cause the economy to crash. Therefore people should live with this virus for a long time and accept it as part of their life and try to increase their immunity to fight the virus instead of waiting for the vaccine that may never come.
This might be done by the government so that people do not easily panic and stress facing this pandemic, because usually people who are easily stressed are very vulnerable to disease. While we are all waiting for the vaccine to be made by experts, it is better to carry out activities as usual and follow the recommendations set by the government with existing health protocol standards so that the economy is better and can meet daily needs |
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Seems like its going to happen this time, we have price rising past the fifty day average for a full day so its already the last attempt on July 8th and also a higher price is now showing. Silver was up 8% today I think which shows we have some inflationary main market trend on going which lends a tail wind to BTC price accumulation attempts.
Price seems promising for touching at $9.5k but I think we are not gonna see those $10k by this month since provably there are sudden changes will happen and the peoples mindset are far for accumulating on end months, Maybe we can see some action by next month as fresh start for the others. but lets not compare bitcoin to any other commodities since they have different tracks and I believe next month will be better for bitcoin. Bitcoin price movements are always unpredictable, no one knows in the next few days the price of bitcoin can touch $ 10k, because even an expert's prediction will not be fully accurate to read future market price movements. we should both observe and follow the flow of future market price movements and are always optimistic that the price of Bitcoin will rise sharply again. |
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I am among those who always monitor the movements of Bitcoin in the market every day, and Bitcoin always dominates the market
above 60%. This proves that other coins will be difficult to replace the position of Bitcoin, so based on the results of my analysis,
Bitcoin will dominate the market at least for long-term. And the conclusion is the dominance of Bitcoin is not likely to end.
of course, although in the future there are some whales who want to raise the price of altcoin so they have a target to be able to shift the position of bitcoin, of course that won't be easy because the people who hold bitcoin are certainly much bigger than some whales who want to raise the price of altcoin , and Bitcoin trading activities will always move at any time to strengthen trading volume |
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sometimes daily trading is interesting but it requires courage and strong conviction to get profit and avoid loss. In the related article shown by Op, there is a way that I often do in daily trading, namely by exploiting the price difference called by Op (Arbitrage Crypto) where I always compare prices one by one for each exchange before making a sale, the aim is to can get a little higher profit, besides, don't forget to consider the transaction costs that must be incurred for each exchange because each exchange has a different transaction fee.
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Took them two years to distribute the reward to bounty hunters? I don't know if that's considered as good news unless there is a good reason for the team to withhold reward for that long.
I think you have mixed it up; it did not take 2 years to distribute rewards; rewards were sent after bounty; instead it took 2 years to have a tradeable, profitable price for both investors and hodlers in particular. Another peculiar example is the invox bounty; trading at a valuable price today after about 2 years. The blockchain always win. Right! It means the reward was sent to bounty hunters after the campaign. However, the value at that time wasn't good enough until 2 years later. After 2 years, the coins got to an expected price that can bring profits. As a bounty hunter, I usually hold those tokens that are distributed for me after the campaigns until it gets to an expected price then I will sell. I don't usually sell the tokens immediately because it hardly bring much profits. if the related project takes up to 2 years to distribute the token I think the project failed to promote the launch of the token, in other words the related token still has hope for the next 2 years to be able to reach a predetermined price, but it can be said that teamwork has not been maximized because the team still unable to attract investors for a short time during the prize campaign. |
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all this depends on the comfort of the person himself in gambling or based on the luck he feels, if that person always loses in playing dice he will try to switch to other games like slots, and he happens to get a victory in slot games, then he feels more comfortable with a slot, then the perception will appear by itself and he argues if the slot is better than the dice, and vice versa people who like dice will definitely say the same thing
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predictions, speculation will always be there at any time, even though the person making the prediction is an expert, of course it can't be trusted because no one knows the market price will be able to move up or down in the next 3 years. having strong beliefs about future market price increases is highly recommended in this industry, but don't be easily influenced by other people's opinions, because it can backfire if we trust them too much.
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Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology
many people always take advantage of this situation by speculating spreading false news so that it can influence people who hold bitcoin. their goal is to make fake news so they can take advantage of the situation. actually until now Bitcoin has not lost its value even though the price has always dropped as in previous years, but it will definitely recover. even more so with this pandemic, maybe some people have switched to investing their money in Bitcoin or other types of Altcoin because they have more time |
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I think detainees are better off staying in prison than having to be released temporarily because of this pandemic, they will avoid the virus while in prison, most importantly there are no relatives or families visiting prisoners at all so there is no physical contact with them. if most government policies can release prisoners during a pandemic, I don't think this will reduce the problem but instead add to the problem because of course they will repeat the same mistakes after breathing in fresh air
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For some individuals working in Cryptoworld like me, can we rely on Bitcoin to sustain our needs and help prevent the economy collapse as this Pandemic continues?
As I've just heard from the news, there's a new swine flu disease which is a threat discovered in China again 😢 and has a Pandemic potential that the experts need to keep eye on.
cryptocurrency can be relied upon when the economy is in the current phase, if we have income from crypto we should focus ourselves on being able to work from home so that we can always make money even though the source of funds we get from crypto itself. because on average most governments do the same thing to their people to stay at home and still be productive in utilizing the internet network |
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I myself prefer daily trading, because the risk is smaller than the long term, we do not know the future of the coin, it would be wise to choose the daily or short term trade
You are mistaken, you did not mention what type of coins you apply for day trading, if you trade bitcoin then you probably will not get a big profit at this time, even you might lose a little money that you have done in day trading |
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some people are aware that quarantine can break the chain of the spread of the virus, but everyone's economy is certainly different, because most small people who stay at home will certainly not produce anything and they will not be able to buy the necessities of life if they cannot do any activities that are can make money. on the other hand, there are people who are very fortunate in quarantine, those who have enough money and have enough needs to survive is the most beautiful moment and a paradise for them because they can spend a lot of time with family
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China has a strong enthusiasm to dominate the world, all ways can be done because of a strong ambition to become a superpower, but the US will certainly not just stand still, and will continue to compete closely with China. although China has the largest population, of course, the US will take action to continue to compete with China. In addition, the existence of Covid-19 can certainly weaken China and will greatly impact the economy.
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most of them are not careful in investing the money they have in the sites they choose, they are too hasty because they only expect the benefits to be gained and do not dig deeper into the risks of what they will face later. lack of experience and lack of knowledge in investing in crypto will certainly have a greater impact on the risk of loss
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Over the past decade, the number of Bitcoin investors and other types of crypto assets has grown tremendously. Based on data by Coinmetrics, there are currently around 12 million Bitcoin millionaires in the world. However, there are those who die every year, without heirs who can access Bitcoin. The amount reaches 4 million Bitcoin (around US $ 40 billion), according to Coincover.
Meanwhile, based on the results of a survey by the Cremation Institute, of 1,150 respondents, 89 percent of them are very worried about losing their crypt assets. However, only 23 percent have a specific plan to pass it on to the closest person, for example to their husband, wife or children.
I think this is a very good idea, and I hope that someday there will be a crypto exchange and a crypto wallet that provides inherited features, so users will be safe and comfortable.
This will be a big problem if there is an application service or site regarding the heir to a personal Bitcoin wallet holder in the future, even though the linked site is fully trustworthy and can store our security keywords, it will not guarantee 100% safe, because it is very likely that it will invite more scammers to create similar fake sites or can even invite more hackers to be able to crack security keywords |
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if some people wear masks made of material that are applied from rubber or plastic such as medical teams to prevent the spread of viruses or ward off viruses that will enter the body, then the possibility of people not wearing masks will be more worried if they are close to people who wear masks, they will feel uncomfortable because the view of people wearing masks will be considered as a medical team that always interacts directly with Covid-19 sufferers, therefore I think cloth masks are also sufficient to minimize the prevention of viruses that will enter the mouth and nose and can even applied with ordinary glasses that many people use
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Very strange thing i noticed: most people like to buy with bitcoin , but using altcoins very few
I think all clients i had from bitcointalk prefer to use bitcoin to buy services / products they needed ...
Not a single client that i had until now used altcoins like ethereum ,litecoin etc or tokens like usdt,usdc ....
Why do you think people don't like to use altcoins to buy things on the internet ?
simple, most people like transactions using bitcoin because the popularity of bitcoin is already known by many people so that it has a high value and is believed to be more able to maintain its value compared to altcoin which can be without us knowing in short the time can be worthless. bitcoin is a digital coin that is known to many people who are believed to continue to increase its value in the future |
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