Bitcoin goes together with sound education, in order to meet the demand and coup with blockchain technology we need our children to have sound education. We also need money to get good education.
I think the importance of both cannot be underestimated and you can not just leave one. Education is the basic need and right and you cannot survive without education. It not only prepares you for the market but also helps you take good decisions in future. An uneducated man with a lot of money will never make good use of his money. Also a man having only degrees and no money is not considered a part of the social system. Having said that, I believe both investment for the purpose of earning money and investment for the purpose of getting wise are important. |
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yes you are right now is the right time to buy and save bitcoin because currently bitcoin prices are experiencing price declines, take advantage of moments like this to buy as much as you can.
Now it's dangerous to buy bitcoins - we broke through the resistance line. I expect the price to fall to $ 5,000. Then it will be possible to buy - but for the present it is too early. This looks the perfect time to go for it and buy some Bitcoin. There have been experts who are very optimistic about the future of Bitcoin and who think it will rise and might crow $30000 market value. Besides, the market is offering some good prices and stability and this I something loved by the businessmen so much so they have also started investing. In short, the Bitcoin is one its kind. |
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Yes each crypto can be give big gain of profit but also become big losses, because the high fluktuaction of crypto so high. That why we need to have skill how to make profit from this high volatility, good trader is never greedy and always lock the profit. Because greedy only make you loss in big money.
This concept is not as such in my mind. I agree with the concept of uncertainty in the crypto market and that many things can happen without our control but in my opinion, the big risk can be avoided with good market understanding and knowledge about the technology you are interested in. Having said that, for big profit, you would not need big risk but a good idea and knowledge. |
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Economy in our country is somewhat fluctuating but i guess its going pretty bad. I guess that is what will happen when there are a lot of corrupt leaders in the past because the present leader will have a hard time to atone for their mistakes and keeping up a good economic status. I guess if people start working together in our country and if it is for the greater good of everyone, they might make a economic status of one country very commendable.
The economy in my country is growing good at the rate of 3% and might even rise more with fast pace if technology like Bitcoin is introduced. Like in the Solow model, the technology is the only factor that can increase the output. The introduction of Bitcoin in the country will provide good employment opportunities and the unemployment rate will decrease thereby rising employability. Also the services offered by the technology will help save good money. |
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Bitcoin fell 2% early on Wednesday, dropping as low as $6,385. Other than one brief period in early February, when the cryptocurrency dipped below $6,000, today marks the lowest point for Bitcoin in 2018. The latest Bitcoin crash appears to be a reaction to the release of a new study by University of Texas-Austin researchers indicating that Bitcoin prices were manipulated last year—when Bitcoin soared from $800 to nearly $20,000.
The New York Times report on the study explained that a “concentrated campaign of price manipulation may have accounted for at least half of the increase in the price of Bitcoin and other big cryptocurrencies last year.”The research, conducted by University of Texas finance professor John M. Griffin and graduate student Amin Shams, presents evidence that another cryptocurrency called Tether was used to purchase Bitcoin after market downturns, thereby propping up Bitcoin prices. “Tether seems to be used both to stabilize and manipulate Bitcoin prices,” the researchers say in the study. Tether was created by a crypto exchange called Bitfinex, whose executives strongly denies the claims. “Bitfinex nor Tether is, or has ever, engaged in any sort of market or price manipulation. Tether issuances cannot be used to prop up the price of Bitcoin or any other coin/token on Bitfinex,” Bitfinex CEO J.L. van der Velde said in a message sent to Business Insider.The University of Texas researchers tracked millions of cryptocurrency transactions last year, and say that the “patterns cannot be explained by investor demand proxies” and instead seemed to arise through the strategic use of Tether. What’s more, this scenario brings with it the possibility of huge profits for Tether creators, the study states: “If Bitcoin prices increase, then the founders can cash out the acquired Bitcoins into dollars, likely at a slower pace and on an opaque channel that has less price impact than their initial buying behavior. If the Tether issuers wish to legitimize Tether and avoid scrutiny, they can convert some of their cryptocurrencies to U.S. dollars and retrospectively provide dollar reserves for Tether.” After skyrocketing in value in 2017, Bitcoin and other cryptocurrencies have collapsed through much of this year. Bitcoin fell 40% during the course of one week at the end of January, and cryptos like Ethereum, Ripple, and Litecoin dropped more than 25% in a single day. The cryptocurrency crash is still happening today. Litecoin, for one, decreased to a new low for 2018 on Wednesday, hitting $97—a dip of nearly 75% off the all-time high of $379 in December. Much like the sharp increases of 2017, the steep declines for cryptocurrencies over the past few months are hard to fully explain. Most observers chalk them up to a combination of countries cracking down on crypto exchanges and investors either seeking to cash out their profits or eat their losses. Or more people could be accepting the premise of critics like billionaire investor Warren Buffett and Nobel-winning economist Robert Shiller, who basically say that Bitcoin is a scam, or at least a bubble that’s bound to pop. Hackers and the possibility of price manipulation seem to also be concerns for crypto investors. After a South Korean crypto exchange said it was hacked last week, Bitcoin tumbled 10%. In addition to the new University of Texas report on Bitcoin price manipulation, U.S. investigators are looking into whether several cryptocurrency exchanges have been manipulating prices, the Wall Street Journal reported last week. In the University of Texas study’s conclusion, researchers say, “Our findings provide substantial support for the view that price manipulation may be behind substantial distortive effects in cryptocurrencies.” And they say that more regulation is needed: “These findings suggest that external capital market surveillance and monitoring may be necessary to obtain a market that is truly free.” http://time.com/money/5310924/bitcoin-price-manipulation-tether/I haven't yet read the study which claims a link between tether and bitcoin. My initial impressions are its a BS claim. Tether lacks the market cap to significantly affect bitcoin's price. The amount of purchasing volume necessary to manipulate the price of bitcoin up near $20k is far in excess of bitfinex or tether's net worth. If the price of bitcoin was manipulated there are far better ways of explaining it. Crypto exchanges which lack trade commissions are probably a better explanation for market manipulation as it could allow traders to buy and sell to themselves on multiple accounts on an exchange without incurring significant losses. The last line of this article seems to contradict itself: In the University of Texas study’s conclusion, researchers say, “Our findings provide substantial support for the view that price manipulation may be behind substantial distortive effects in cryptocurrencies.” And they say that more regulation is needed: “These findings suggest that external capital market surveillance and monitoring may be necessary to obtain a market that is truly free.” This is what comes to mind, reading the last part.  The idea of a crypto market being "enslaved" under surveillance and monitoring, in order to achieve "freedom" could be a form of "freedom is slavery" political posturing. If the context is correct. The prices fall due to fall in the market demand and market demand may fall due to many reasons. It can fall when the price stability in the market is down. It can also fall when there are rumors about the technology. The demand also falls when the government implements laws and regulations against the use of technology. One can also reduce the demand foe a crypto currency when the risk term associated to it is high thereby lowering the prices. |
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I think more and more crypto more options for us to choose the best cryptocurrency and it is very good for the development of crypto world,  The presence of so many crypto currencies in the market means that people are interested in crypto currencies and every body wants to launch their own currency but just launching the coin is not enough and one has to come forward with a good project. If we talk about the way to escape the fraud coins, we can really do that by expanding our study and understanding about the crypto currencies and factors like risk and liquidity associated with them. |
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Good times to get rid of non-believers and fill bags
Yeah right. Bitcoin might never fall as much as $6000 again. The market has started getting stable and this stability is the most desired in the market from investors’ point of view. Price stability means the great prospect of profit in future so automatically if you invest in a coin with good future profitability, you would earn big in the market no doubt. All you need to do is to stay like a shark in the market. |
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the market is down now. Coins are cheap now. Do you think it's time to jump in now, or we can wait for lower price?
its a good time to buy but prices may continue to fall, but not too much so that we no need to worry and i'm sure it will rise again soon. So I suggest you should invest now. I agree and would love to go with your suggestion. It is of course the right time to enter the market and start investing. But you have entered the market with perfect information and market knowledge to stay away from loss. Check out the top ten crypto on the internet and evaluate their return and profitability in future. Invest in them and hold them till the market is in full swing and maximize your profit when you sell in green market. |
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I would rather choose the steady growth than an upward spike because most likely the upward spikes trend would somewhat amount to a downward spiral too. At least the steady growth can be foreseen slowly if the trend is downward or going down.
it is true that in the upward development it must go through a good process, so that everything is created well too, instead of the price suddenly rising and straight back down very slowly. it is very panic for many people. I think you mean to say that stability is better than the spiking in the values of Bitcoin. I agree with you on this issue because if you keep the rules of monetary economics in the mind, as an investor, you will only invest in an asset with good price stability and not the one with abrupt fluctuations in the market values. The abrupt ups and downs often makes people think of selling when the market is down. |
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Understandably cryptocurrency could be seen as an experient on our psyche, but I don't think that's what its purpose was created for. Just like many other things that effect our human behaviors and mentality, Cryptocurency produces many emotions during trading and when the price of bitcoin rises and falls. So in that sense I would agree that it could be an experiment on how we handle certain situations, but really cryptocurrency is much more than that.
I do not agree about crypto being a psychological experiment and practical involvement in the crypto market. In my opinion, calling it a psychological experiment takes it a bit away from the real world to what some people also call it a scam. I believe it is more like a practical game rather than a psychological game because you have to stay and act actively in the market and hold or sell at times favorable for the motto of profit maximization. |
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Maybe even today it hits 6000 $, in last two days is the degradation very high. I'm worried about my money.
I do not believe Bitcoin will fall again to $6000 value and will rather rise because the market prediction by few great experts has been very optimistic and also the amount of money invested in Bitcoin has gone way too far. This much amount of money might not allow the price to fall this much again. The fall in the prices is also a market game and in other words can be depicted as the invisible hand theory. |
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Well you can invest in bitcoin in any amount even if $50 or $5M or higher but all I cay say is that bitcoin is risky so I would like to suggest that you must only invest what you can afford to lose.
You can invest any amount in Bitcoin. This is the technology that has given you the financial freedom and you can make use of any amount you have to earn but your profit directly depends on the amount you have or you invest. If you invest huge and buy for example 5 Bitcoin, you will be better off to get the whole rise in the values of your coins upon entering green market. Opposite could be said for low profit. |
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Altcoin follows Bitcoin because of supply, demand and speculation. It should be understood that the inter coin has a relationship with one another not to mention the currency market. As a trader just follow & exit before the price reverses direction. Indeed if at a glance confusingly where prices suddenly rise or fall, but there is a chance to make a profit. Try searching again about what causes the down / up is anything. Then use that knowledge to trade (fundamentally). thanks.
This is all about the portion of the market Bitcoin has captured. The more portions a crypto has in the market, the more it has the ability to influence the market. No if we talk about Bitcoin, we already know it has captured a huge portion of the market and it can be thought of as monopoly which is actually the type of firm followed by the rest of the market. Since alt is also demanded a lot so when the price of Bitcoin go up, as a result of rise in the demand of alt, its price also go up. |
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To make it easy for people to use bitcoin, bitcoin must be used as widely as currency, and the state must allow legal traffic such as national currency and stores accepting bitcoin payments as currency.
The only reason some people do not feel comfortable with Bitcoin is just because they loose money using the technology. Sometimes new guys entering the market have no good knowledge and participate in ICO with huge risk as a result of which they loose money. Another thing I would like to mention is that those people who lose money in Bitcoin starts calling it a scam and this refrain other people from investment because they feel insecure and un comfortable. |
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market is red, what for ber months to see the crypto to the moon again!
Definitely that is so. During the red market, you should rather hold your portfolio and not think about selling it. This is because when the market is red, it actually alerts you not to sell for the prevailing market values are always less than the original values of your portfolio. And even if they are not less, they might not be as profitable as you have been planning to make them. |
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Yes, anything is very possible in crypto as it is volatile but ethereum reaching this price in 2018 is not possible considering the present price and and the bearish period is not over. It will need a lot of time to recover after the market recover and it will reach this price in the near future.
ETH definitely looks in a good position and this can lead to a great monetary value in the market in the current year. There have been good expectation in the market about ETH and it is expected to rise as high as $2000 or beyond that. It looks a bit difficult when I think about ETH touching $10000 in 2018. This is because even Bitcoin right now is in the $7k range, so a trend of price appreciation even in Bitcoin might not rise the values of ETH that much. It might be possible in future. |
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Hey everyone,
Today we saw sudden fall on btc.so I was thinking is this right time to buy some btc or wait for more dip..what do you think..
Please reply in comment
If the price of bitcoin is below$8,000 consider it as purchasing season because for sure it will go up to $8,000 so even small amount you will gain and if the bullruns happen so youre a rich man instantly,never hesitate to buy on this price margin because its fair enough for holding This definitely is the right time to re enter the market and start investing in crypto currencies. There is a long list of them and you could easily pick a good and profitable coin for investment. Since you are talking about re entering, you would have enough experience this time to stay away from loss and start earning good for you are actually expected to play a role in the motto of profit maximization. |
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Not really 100% true, but you have to study first. Also, other skills like capital management, reading news, no fomo, etc are also important.
it is true only educated person can read capital management .news they read the market and value about the coin and then invest their money in that coins. now when new coin released they right their white paper the whitepaper can read educated investors. and uneducated traders didnot know about the value of coin and didn't know about the news of market that's why they often face loss in investment. I do not really agree with this statement of yours. Education is not the very basic requirement for being a successful trader. Even if you are not a Harvard Graduate, you can still be a good trader provided you know something about the technology and the market behavior. Having basic knowledge of these things can also be obtained from Google or YouTube so you do not need to go to universities as well. It is all about dealing the market in your precise way. |
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We all hope bitcoin will continue it's bull run in sooner time. I see you are new member here, but my advice to you is to pay attention on whole story of bitcoin's price but not just on the last and current year. After learning of how bitcoin's price changed through years you will see that this currency had long periods of dumps (from 2013 to beginning of 2017) and if you call yourself as a believer you should be prepared that something like that may happen again.
My expectation in this matter is someday bitcoin will be legalized to all of our country just like ordinary money . Bitcoin really a superpower right now in terms of an online income that's why people wanted it and treasurwd its greatness. Bitcoin will of course rise and shine in the current year. All you need is to wait and hold your coins. Holding your coins will keep you far away from any loss that you might incur in case you sell your Bitcoin. If you sell, you would either earn very low or might loose. This is not what you were here for. The market has gotten a bit more stable from the last month and will be good enough in the months to come. The possible predictions for Bitcoin are that it will cross $30k this year. |
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If you think bitcoin just another way to make money certainly will not make much devs. want to develop bitcoin, bitcoin will not last up to a year or even a month, I'm sure that what bitcoin brought is a new concept and of course have basically.
Of course this is another and a good way to earn easy money provided you have the perfect knowledge and perfect information to do so. The assumption of rationality implies that every individual that enters the market knows every thing and is expected to make wise decision according to the market situation. These wise decisions keep him away from loss in the market and prove fruitful in giving good return. |
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