I think that such news does not affect in any way and should not affect the prices of cryptocurrencies. the fact that some kind of large porn site has added cryptocurrency as payment will not increase the number of cryptocurrency purchases. people who use these sites will continue to use fiat currencies. it’s just that such platforms are starting to prepare for the fact that when the cryptocurrency will be legal it will be used by a large number of people
It will not affect since the one they accept is a stable coin and I also saw that crypto acceptance but still it didn't make any constant price changes to the crypto, But for sure it's good in certain aspect since the word crypto still use for that acceptance but we shouldn't more from it. |
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Ever since Binance was hacked, I was really scared about it, Hackers were much smarter than before and they could steal money from whatever exchange they wanted. So it's best not to hold money in exchanges for too long, it's best to transfer all our money into a cold wallet. It is the safest option and we will never be hacked
This was one of the scariest thing happened in terms of hacking but still Binance has proven their ownselves, and because of SAFU they easily bring back the money of those users which is a great thing, but still doesn't mean that we can be complacent to leave our money in their platform, if possible let's still keep safe on our own wallet. But good thing really binance stands for that incident unlike other exchangers who fall down after the hacking and worse they didn't manage to return the funds to their users. But still we need to be careful and those hacking incident reminds us that exchangers are not meant to be our wallet so don't use them for storing especially for huge funds. |
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BitcoinTalk username: Taskford
YOLOdice user id: Will create when accepted
Forum rank: Hero member
Current post count: 1188+1
Will accept a full member slot and I will change all required once accepted.
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Base in the current percentage gain? Well maybe we can conclude that BSV is more profitable than ETH for now since BSV is manipulated that's why we can see some certain big dumps but I don't think that this is sustainable since for sure the future dump came for BSV is huge since we should remember that there is a pending case of Craig Wright in the court and if he failed to provide what the court ask then we will see the investors will start to run from that coin.
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i hope for 10 k - 11k range
I think everything will be clear by the end of this week. If the price defends itself and stays at the level it is now, I predict further increases to around $10k- $11k. However, if yesterday's correction was just the beginning of price drops, unfortunately it will be a classic bull trap and information for us that we are still in the bear market. For one I see is we are entering on correction stage but since there is halving we should rely and trust to that since for sure we can see a good pump up until it reach to our predicted price and it's not helping us to think negatively since if people will doubt then maybe we will lose some interest for people who are still doubtful to buy some these days. Unfortunately, but it turns out that this was not a single correction, because today the price began to fall again. Despite the fact that the mood is positive and is coming halving, there is still a lot of time left and it seems that nothing good is waiting for us in this period. I still hope that the price will stabilize and no one will want to manipulate it, but I realize that for whales it is a very good time to lower the price and buy more cheap coins. Despite the fact that halving is coming still people are in trauma for the dumps since majority don't want to get trap from the bear market strikes. But one things is for sure this dumps are temporarily happen since whenever the halving slowly came the price will pump up and maybe we can see more outstanding level. |
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People always want the instant method. They don't know about the process, waste so much time, and learning hard. The target is only want to get quick rank up to able participate bounty campaign to get money.
It's totally a waste of time to find a easy process to get a merit that's why many users here indulge with trading/selling merits to rank up easily but end up their account compromise and got a red trust as per OP list indicated. Maybe low rank users should take all organically since if you do a hard work for it for sure you will enjoy the every single merits you will earn when posting and helping people here. |
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There is always bad news and good news in any type of market and crypto is one of those.The only things about crypto-currency market is that some are not legit so it will be much better to research about the news before making any investment decisions.
It's part of the ecosystem since we cannot assure that the current situation is sustainable since there's always lapses and flaws especially with the government and other bodies. That's why we should be more careful for our money especially with our crypto's since for thousands saying their legitimacy only one of them is telling the truth. |
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In addition, we have more than 110 days left before Halving Bitcoin takes place.
No, it's 111 days left. https://www.bitcoinblockhalf.com/ That's why many people are collecting bitcoin and pushing its price up slowly. So I don't think this is a trap. people followed the trend and trend says it will be bullish prior to the halving, so collecting is normal and it does not guarantee that the price will really rise, but actually we have a good start, so as of this time, I can say its good and it's not a trap. Likewise since the pump and dump is not the same on past year where we can see a fast changes in 24 hours movement but for now the upper trend is much calm and there's no fud striking yet so we can conclude that this is a good start since the accumulation phase for halving is just starting up and for sure we can see the real effect when the days are nearly hitting at the date. |
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I personally use Coindesk for knowing about latest crypto news, you can see this post I mentioned above, hope it will help you. I personally use coindesk to gather the latest updates on what's happening on the crypto market and sometimes I visit the bitcoin magazine for the other insights but if people need more news source then the listed above is good sites to read up but if you are lazy to read the news then I think if you use phone there's an automatic updates given by chrome I mostly see a daily updates regarding on what is trending and those breaking news. |
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There was a funny dump in BTC price from 9150 to around 8600. And I'm pretty sure a lot of guys who went margin on long got hurt by that sudden $500 loss from the market. And if they didn't use any stop loss, it would be terrible.
That's the thing that I'm also worried about with the decline in investment of millionaires who are getting tired of the price of Bitcoin that hasn't improved until now. this will worsen the situation in my opinion later. But hopefully our hope does not happen. I'm sure most of the millionaires that don't have to worry about having the money on hand probably already made 100% during last years little run. I don't think that this is an issue for them. You guys seem to forget that Bitcoin is up 100% throughout the year 2019. Most of the millionaires have already been buying Bitcoin since when it was around $3,000 and are doing very well on their investments. In terms of money all down fall is issue to them since if they can feel the dump and lose huge money even if the dump is so little, and I believe the millionaire's are holders from the past and whatever they earned for way back then lose when the market strike down badly on year 2018 and for sure this 2020 is there recovery phase that's why we can see the demand little more rising since maybe some of the movements is due to manipulation or other. |
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Correct since if you cannot manage the risk then you will end up sweating and panicking when dumping stage occurs that's why we need to learn on how to stop loss and placed the next position when the price is cheap. But this strategy is so sketchy so better proper knowledge and understanding is the first thing we need to have for this to get an excellent result.
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According to CMC, since the beginning of 2019 the crypto cap has tripled, and daily trading volumes passed $70B. However, some are questioning the legitimacy of this data. With individual & institutional investors flooding into crypto, its time to evaluate how many people are really trading cryptoAfter a disappointing 2018, crypto markets are booming once again. Backed by institutional investors, growing numbers of individual enthusiasts, and broad support for its underlying technology, the blockchain, the entire crypto sector is seeing a resurgence. According to data collected by CoinMarketCap, the collective crypto cap has nearly tripled since the start of the year. Led by Bitcoin (which has also tripled its value since its low point in 2018) cryptocurrencies are outperforming many other investment assets, including stocks, bonds, gold, and oil. For those who witnessed crypto’s meteoric rise in 2017, this year’s activity might seem incredibly familiar. USDT fake volume Many Exchanges fake volume EOS fake how much they raised So, How Many People Are Really Trading Cryptocurrency? Article and more info about itWhat do you guys think? There is a big possibility that the credibility of that data is only half true as most of the exchanges are faking their volume and cmc is only basing their data in overall exchanges data if I hit it correctly. But the adaption of crypto currencies are keep on growing as days passes by so I believe the demand is keep on increasing. I also want to know if their are platforms that can trace the total number of people that use and trade crypto currencies. There's no doubt that it's really the case and I think CMC get a hard time to filter those exchange who feed there the data but maybe people should be considerate to that since they are free to use anyways. But since the cap still continuously growing for sure many people get aware about the cryptocurrency and this is a good sign for more adoption. |
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Bitcoin SV has climbed its way into the spotlight in recent weeks as the coin managed to climb into the top five in terms of market capitalization, as well as more than double its value in a single day. However, these impressive movements from the Bitcoin Cash hardfork have been met with suspicion — especially in relation to its trading volume.
Apart from its rapid price increase (and subsequent dump) that saw it trade at $161 a week ago, top $434, and then collapse back down to $243 in less than seven days, Bitcoin SV’s volume has been interesting to note.To read the full article, click hereTo all XRP fans and holders out there, do you actually think that this is true?In CoinMarketCap, XRP is consistently top 3 in rankings (briefly overtook Ethereum a few times). However, I am completely surprised about BSV having more trading volume than XRP? Maybe they were in a momentum for a while, but price got "corrected" big time. I don't know, maybe due to wash trading? Correct me if I'm wrong though. What are you reactions to this one guys (especially those who are into XRP and BSV). Cheers! Both of them has their volume coming mainly from exchanges that fake their volume. You can't trust coinmarketcap on this. You would have to count only exchanges that have small spread with enough liquidity and real trades to see the real volume. Will agree to this since CMC accept a fake data's on there site that's why it's hard to trust them in this situation and if people seeks a accurate answer better if they go directly to the exchange where it listed since they can see the whole historical data for the said coin. |
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In my early days in this industry, I got scammed too. in my case, it was a cloud mining site that promises to give you passive income if you invest in their so-called mining machine. The same year those kinds of scams are trending many investors who want to try their luck in investing in BTC often fell to that kind of scam. Thankfully, with the help of the others, they are all got busted and as you can see, no cloud mining company has managed to survive this far. only proving that none of those is a real investment platform to make some money with Bitcoins.
We all experience that since hyips are been much introduce on social media platforms and I been scam for that since I think those cloudmining sites are legit especially when they show some what they called live feed for their miners. But I think those kind of scams are lessen up these days since provably many people are been educated and can teach newbies to stay away on those platform and I actually notice the changes today compare to the other year. |
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Still, as the market has finally recovered (I believe), it’s now time to see where things could be heading up to the end of the year.
I didn't think that $20k will hit this year, for me that is impossible. that's need more hype like in 2017 or more and halving is near then the market is still not that improve or passed our expectation. we need to recover the people's trust to make that 20k possible, if the market didn't make a higher demand then no more chances for that price but $15k or less, for sure that will hit and everyone is expecting that. Let's not disclose the fact that we already see the price go at $20k level and still got a huge chances to reach up for that since we have halving and remember the price reach up to that price in the presence of halving. But if we cannot see that to come then maybe at least we can reach to the closest figure. |
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What a guts you have right now but since the duration to reach your goal is so far to be happen since 8 years pan is so long time and many things to be happen then maybe you are in good shape if you are wise on your investment decision. And I suggest that you should not invest your message money on the first year and educate yourself on tradings since if you do this for sure in next year you are ready to multiple your bitcoins and reach to your $1m goal.
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i hope for 10 k - 11k range
I think everything will be clear by the end of this week. If the price defends itself and stays at the level it is now, I predict further increases to around $10k- $11k. However, if yesterday's correction was just the beginning of price drops, unfortunately it will be a classic bull trap and information for us that we are still in the bear market. For one I see is we are entering on correction stage but since there is halving we should rely and trust to that since for sure we can see a good pump up until it reach to our predicted price and it's not helping us to think negatively since if people will doubt then maybe we will lose some interest for people who are still doubtful to buy some these days. |
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