Well 2020 is the next halving season, so yeah we'd expect that market to be bullish coming into that. If that doesn't set off a new bull run I don't know what will anymore.
|
|
|
Crash is happening right now, but the price drop will not be so horrible like down to $5000, I myself believe that the recover that occurred to make bitcoin prices become more powerful, it will stabilize the bottom bitcoin price position and the current bottom line may be only up to $7k. yeah this time the market becomes red and trading is very risky lol It'll slide down further IMO, we just gotta be prepared for it. With all these regulations looming around there's gonna a be widespread fear about it's effects on the long term. Plus you gotta factor in the plans to tax the industry, it's still not solid yet.
|
|
|
Yet I think we're still not at the lowest price possible, remember when Scrypt ASICs were first introduced? The alts market were driven down, over fears of centralization. I think we're gonna have the same events in the next coming weeks.
At this point, you just gotta commit.
|
|
|
Well goodluck to Coinbase over the number of would be support tickets asking where their tokens are. Quite frankly I believe handling ERC20 tokens isn't suited for absolute beginners in this space.
|
|
|
If I'm not mistaken the death cross is used as a signal in more traditional financial markets like stocks and is a fairly accurate signal but has it ever happened before in crypto that the cross has formed and what was the result of this if it did happen?
Sorry my friend but you are wrong. Many technical analysts use the golden cross and the death cross as a buy/sell signal for bitcoin and even for ether. Please look at the name you will understand what does it means. It does mean we're gonna have a somewhat extended bear market. We might even see sub $4000s / BTC in a few weeks with this downward momentum.
|
|
|
He will end up using all his reserve at one point, just be patient guys
Hopefully by the next halving season it's all sold up and distributed. A sell pressure still existing at that point is pretty bad for the getting new ATHs.
|
|
|
And all those who invested in a lot of GPU's or ASIC's are now losing a lot of money.
Not necessarily, I know for a fact that there are still some mining hobbyists/entrepreneurs who get good money on mining. It's all about efficiency and economics I suppose.
|
|
|
"Opening an office on Malta gives Binance several advantages. One of which is that they can start to set up a fiat-to-crypto trading pair, allowing people to purchase crypto directly with USD or the Euro. Before, people had to purchase Bitcoin from other exchanges and then move it into Binance to purchase altcoins." Source - http://thebitplex.com/2018/03/23/binance-malta/Assuming everything goes well, do you think this will kill coinbase or tether? Thoughts? Nope, because they can't operate with that on US soil anyway. It's bad for them I believe, they'll just put themselves on the crosshairs of regulators, and would probably get taxed too.
|
|
|
I've added the hastags #digitalcurrency #bitcoin #cryptocurrency on news aggregator apps (like FlipBoard) on my mobile and I get my daily industry news from it.
|
|
|
Actually no one can tell an acurate btc price could take place in this trend. But as we look the price in the market hopefully we can view this in a bullish trend. Hence, the market is hard to recover this previous weeks I am into hold of my bitcoin.
Holding is the only thing we can do for now, market been to rough since the start of the year, so we will just need to wait till everything went back to normal. What is normal anyway? @ontopic, predictions based on math and trading formulas matter a little bit less here in our market because it's the market itself is ultrasensitive to news. One hacking news and it can disturb a building momentum.
|
|
|
It's actually a golden opportunity for ad networks focusing on the crypto niche. They're gonna get flocked by customers. It's now a good time to start your own crypto-blog. Media buys are gonna be the mainstay of ICO advertising.
|
|
|
The price of Ethereum now around $520 so dropped already more than 50% from highest price, so this is best times to get it and could be in a few month the price will rebound and new ATH again to $3000. This is will possible by look in to daily history chart, the price was $400 in a few month ago and dropped to $150 and then was going up to $1200. So will be possible for ETH to go to $3000 in this year.
Well as long as the demand for ETH is growing we'd expect it's value to grow over time, not because it's been down before. It's possible we're at the mean price currently, so yeah we're ought to feel movement soon.
|
|
|
Haven't you heard? He already ascended into crypto-haven a few years back. The place where 1BTC can buy you just about anything.
|
|
|
Probably a bull trap? I hope not.
I suggest everyone to observe the market for a little while longer before making any major move.
|
|
|
Few months back i was excited about the price decrease but not now because there are so much less chances that price will rise again. Many of the countries has banned the crypto so thats the reason of the low price. Maybe be soon there price will decrease in comparison to current price.
Anyone remember the dotcom crash wayback early 2000s? Although the comparison is not exact, I believe were actually on the same state of development. It's just the broken expectations of being rich quickly that bums our market down, and even causing the blockchain tech crypto being banned by some. It's part of crypto growing up and maturing. Just hold.
|
|
|
IMO just give it a few months, it's always been a cycle ever since. The market is bearish now, it'll go back to the mean, then a few more good news and we're back to an another bull run.
Just do your stuff and hold in case you don't wanna sell at a loss.
|
|
|
Depends on your risk appetite IMO. Like with all investments all your supposed moves should depend on how well you tolerate risks and your investment goals.
|
|
|
I believe no one is to blame. But I would still like to see the official sell orders of the trustee, the dates and the amounts. That information should be made public, right?
Plus Bitcoin was already in "bubble territory" at any rate, the price will always go back to the mean sooner or later.
Once it's out there in the market I suppose they'll hand down that list. The question now is at what level that mean is, and gut-feel tells me it's ~$2k-$3k. Any ideas?
|
|
|
I'll go with what everyone's making you do here. Hold for now. $800 was just merely a few months ago, and believe me, ETH's gonna be bigger than $800. Focus on the long term and just allow it's market to mature even more.
|
|
|
Just look at where btc, and crypto in general, is now today. It's way way further than what we could've imagined just a few years back.
What I'm trying to say is that the current price isn't bad at all, and just look at the developments taking place, it's crypto's golden age.
|
|
|
|