Hi I have recently purchased £200 of bitcoin and want to understand how to read and analysis charts. What would be the most appropriate type of analysis for a newbie? I am also looking to invest a further £50 in ethereum or should I stick to bitcoin ? Thanks in advance for you advice  You can watch a youtube video about how to read analysis charts and here is the sample if you want. https://www.youtube.com/watch?v=Fa1iJ1KtCJAhttps://www.youtube.com/watch?v=o-ijPDkycKIThat video is what I found after searching on google, and I am sure you can find the other good video from youtube. There is no appropriate type of analysis for new people, and you can learn only one analysis and one indicator to analyze the price. As long as you can keep practising the analysis that you've learned, you will be able to make your profit. Ethereum could be the next investment you can buy as the price is not yet increasing too high but be careful to place the price at the market and try to analyze before you buy. |
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Most of us are expecting this halving to be the reason of the next ATH,
And I think it could be true since most of us would take this opportunity to get some of this new alt-coin.
Everytime we experience this Bitcoin halving the price always surge high so I am really expecting to see a new ATH because of it.
We want to see bitcoin price to reach another highest price again like what we saw in the last year. Most of us want to make a bigger profit again so they are still buying bitcoin at any price and they don't mind to hold for a while and some of them still doing trading to increase the bitcoin amount in their wallet. There will be speculation related to the halving, and we already saw it before. There are so many calculations on how much bitcoin price will increase before and after the halving happen. |
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It is because of wash-trading.
There are some exchanges on coinmarketcap, they are saying have more volume than binance but i have never heard of them. I think coinmarketcap is helping wash-traders for not delisting them.
Maybe yes, maybe no. We don't know the truth, and even if that is the truth, as long as we can take the profit from bitcoin trading, then I think we don't have to bother with those things. In the end, the volume fake will replace with the real volume because it doesn't give an impact to the traders because traders will know if the volume is fake or real. |
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The technical analysis will not always work, especially if we are in unpredicted situations in the market.
We are difficult to analyze the market, and we don't have any clue about what will happen in the next hours.
But we could prepare if the worst thing will happen in the next hours by keeping analyze the chart, the line, and the price in the buy order and sell order, so then we can decide what we need to do.
But I am sure that when the technical analysis does not work, we could use the other analysis to determine the price and the trend so we could still get a sign even for just a small sign.
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I could only say wow for craig wright.
I never think about him again, and I don't want to know more about him.
He still does anything to spread the fake news to the public, and we cannot do anything except let him do whatever things he wants and let the public will see if that is true or not.
Craig Wright is a Big joke and Fake news in crypto world no one will believe in this person anymore why? Because this person have a high confidence to their self a Big mistake that want a atention to the public stop believing to this person or else you want tobe an idiot. People already saw what Craig Wright does in the past, and they don't believe with him again. Maybe people right now have just waiting for the next thing that Craig Wright will do, and they will give their opinion to the public. Besides that, people right now become smart, and they don't believe the news before they can find by themselves about the truth and they will make the decision later after they find something else related to the news. |
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Hi guys, I need your feedback. We're developing a product. Sending, receiving Bitcoin internationally, getting paid in Bitcoin is always FREE, instant, and secure. You know, in a regular bitcoin wallet or service there are mining or transaction fees while sending Bitcoin. We won't charge any fee. So it's different from other services and wallets. Also, it's different from Lightning Network because it's very simple to use it. The receiver's email and the app are enough to send Bitcoin. - What do you think about that?
- Would you use it? If you don't, can you explain why?
- What features would encourage you to use this service?
Noble thought, no doubt about it! However, I have few questions that needs to be answered for my better understanding. 1. How would you confirm bitcoin transactions? 2. How a bitcoin transaction will be instant? 3. How would you include a transaction in a mined block? Free and instant services are always desirable but that has be real. Lightening network is making this possible but the transactions are not free or instant, it is close to that! How would you scale up even higher than LN? Lightning network so far has the lowest tx fee so they are saying they will be offering free and instant? Better than LN? Any response from the above queries? I will only use it if the reputation has already been established like years of operations. What will benefits that he will get from the services as we know that every service available will want to take the benefits, especially for the owner of the services? If the services can be better than the existing services, I think that could compete with the other services and the other people will use their services, which is free of the fee. |
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I don't think that the US can go to wipe out Huawei as the China big tech company.
We know that the US has the power to do that, but that will not easy to do that thing.
They need to face with the Chinese forces that will support Huawei because China wants to protect their big company from getting more customer from all of the worlds.
That will interest to see the trade war that might happen in this year or the next year.
But I think bitcoin is not related to this trade war.
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 https://www.bitcoinblockhalf.com/365 days from now, we will see another bitcoin block halving. Everyone touted this event as the pre-cursor to the next massive bull run, new all-time-high to be set. What are your plans? Start hoarding BTC now and let's see how everything goes next year.  What ATH are you seeing? As far as I can remember it took four to five months before the price started to move and goes on a parabolic rise till the end of 2017. Very nice. I also have that website bookmarked. The pressure is indeed on the shorts and skeptics as the next halving event will reinforce the scarcity of bitcoin - with half as many bitcoins mined with each block. I am expecting another parabolic rise, but bare minimum bitcoin should demonstrate exceptional performance compared to other assets by the next halving. We need to wait for the halving will happen. I am curious with how higher the bitcoin price can reach because, in the last year, we already saw the bitcoin price can reach almost $20k, so this time, I guess that the price could reach more than $20k. I hope that in this year, the price will start to rally to the higher price so it will attract more people to invest in bitcoin and I am sure that they think that they can make another profit from bitcoin. |
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It's already happened before, and now, we are facing the correction because the price getting dump too deep in the last few hours ago.
But we don't have to panic because the price is starting to back to the high price and we still have much time to see the rise of the price.
Who knows, that after this correction, the price can easily to break the barrier of $10k and it could give a chance for the price to slightly increase to $15k in the next week.
We don't know and still predicted when bitcoin could increase higher, and we should be prepared for the worst thing that might happen (I guess we already see it happened now).
$15k is not a slight increase, before reaching the particular price it is supposed to cross several price barriers. In particular $10k will take a little more time than that of the breaking of $8000. The market to the peak have reached $8250 for this season and expect a good level of growth and touch $10000 by the end of the ongoing month. $15k is reachable and it needs a bigger support. Of course, it is not. We need to wait for a while so the price can break every barrier of the price. $10k will be the next target after we reach $8k back in the next days and I guess that it will need time before it's happening as you said. I am sure that we will go to that price and bitcoin will make the highest price again soon and we will reach $8k next days. It needs some time, there's a big potentials after reaching $8k and the next stop will be much higher, assess and observed before making any deals, the market's volatility will be guiding help for you to pick a good entry and exit points. As you said, right now we already have seen the price is back to $8k level and it still trying to increase higher. It proves to us that bitcoin still stronger than before and it's going to be stronger in the future. The market volatility will give us a chance to buy bitcoin at a low price, and that is one time of the best chance we can get because the next thing that we will see is bitcoin price will increase higher. |
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Why bother, really? Some guy in UK's got the trademark rights to the Bitcoin name, some guy in the US now has got the copyright to the white paper. Big deal. This is the open source community who understand and respect the intentions of Bitcoin code. It belongs to all and always has. Don't need no visionary outlook to get that straight.
Leave their antics to themselves. People are smarter than they seem (I want to believe that haha) and they'll come around to Bitcoin.
Yeah, people will have their own opinion related to what Craig Wright says to public. And if some guy in UK's and some guy in the US has got the copyright, then they need to meet Craig Wright to discuss who will be the true person who has got the copyright hahaha Open source community doesn't belong to one person only but it belongs to all people in the community, and it's strange if Craig Wright still trying to prove that he is the real one. I guess he has another reason to do that. |
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I could only say wow for craig wright.
I never think about him again, and I don't want to know more about him.
He still does anything to spread the fake news to the public, and we cannot do anything except let him do whatever things he wants and let the public will see if that is true or not.
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I think that will depend on the regulation for each country.
In the USA, maybe there will be a tax for people who are trading cryptocurrency, but in the other country, there will be no tax for people to trading.
But the government will always watch for every citizen did, and I think they need the right time to apply the regulation.
I am not sure about that, and maybe I am wrong.
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It's not too late to invest in bitcoin or another coin, and I am sure you have much time to buy any coins you want, especially if you want to invest in bitcoin.
No matter if bitcoin price now reaches $8000, you could still buy bitcoin at any price, but of course, if you can buy bitcoin at the low price, it will better for you because you don't have to panic if the price is getting down in the future.
There are so many profitable coins you can buy right now, and it depends on your budget, and my suggestion is don't use all of your money to buy in one-time because that will be too risky for you.
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Maybe you can give the links of your blog so we can visit and read what you write. I don't have a website now, but I have one website in the past, but unfortunately, I didn't renew the domain, so I lose that domain. I am curious about what you write in your blog. But for your information, maybe you can visit on bitcoin.org to get more information about bitcoin so you can add more to your article, but don't copy paste the article hehe |
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It's too soon for them to say that coin will be the new bitcoin rival because their technology is following with the blockchain technology which is already launched several years ago.
They can claim that they are the best coin in the cryptocurrency but still, they need to give proof to us so we can trust them.
And now cryptocurrency became very popular among people on the internet, and it makes Mark did a project that wants to compete with bitcoin or even the altcoin.
I am not sure because they are new coins which still searching for popularity from the people.
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Luck and experience will be needed to get success in gambling, but I think that will be difficult because luck will not always come to you, but you can get experience by playing gambling in many times.
But for playing gambling too often, you will get a chance to lose the money, and it's not recommended, especially for new people who want to get new experience in gambling.
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Cryptocurrency has a big impact on the economic growth and trading war going on between China and Us. However, this controversy and despite mining being banned in China, these occurrences couldn't affect cryptocurrency's growth and it will still go better. The blockchain industry is too resistant to face these issues.
You have a point. There are several issues before originating from China, yet bitcoin keeps on growing. It doesn't stop because of China's problems. The scope of crypto is already bigger than China. But if it will do good in terms of bitcoin's price, why not? And suddenly it went to the otherside, the market valuations is fallen a little, not sure if chinese elites are trying to drag the value down to buy more cheap coins to store inside their wallets, if this trade war will trigger chinese elite to buy in and start looking for this market as another venue for investment then why not, if this concerned will bring good things to our investment then why not. China has always been clever to take advantage of the opportunity to become the most influential country about the economy. last year there was a dichina issue that crypto was banned, but I think there is another purpose behind it, and we believe China holds a dominant role in cryptocurrency Although they are a good player who can use the opportunity, they cannot be clever in all situations, and I am sure that in one moment, they will make a mistake. We can let China decide whatever they want to and if they really want to ban cryptocurrency and prohibit mining, then we cannot do anything because that will be their regulation related to cryptocurrency. I am sure if China really out from the cryptocurrency, they will still watch out the developing of cryptocurrency, and they will still give a part in the secret without anyone knows. |
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I will go for bitcoin because bitcoin is more universal then the dollars, think of it this way to send bitcoin to any one in any part of the world is very easy and fast it transaction can be done at any time. But it not like that with the dollars you have to go to the bank make the deposits pay high fee and wait for days. He can choose USD than bitcoin because USD still be used in all of the transaction processes and he uses USD in his days without a problem. He cannot use bitcoin because he cannot find which store that will accept bitcoin for the payment system. But soon, after many stores online and offline accepting bitcoin as the new payment system, I guess that he will try to use bitcoin in any transaction, he will reduce his transaction in USD but add more transaction in bitcoin. When someone can feel comfortable to use something, he will stick with that in a long time. |
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The reason for this is that among the goals of central banks is maintaining price stability and promoting employment. So if they warn investors of an impending doom, it would become a self-fulfilling prophecy. Nonetheless, skepticism of central banks is merited, in my humble view. We like bitcoin precisely because it is immune to the shenanigans of central banks.
But bitcoin has the potential to be used as an illegal transaction, and we know that may be right now, many illegal transactions have been confirming by the network, but no one will know what that transaction is. Besides that, the Fed was not acknowledged all of that, and they pretend that they are clean institutions. Maybe that reason will be true, but once again, we don't know what their plan behind all of this is, and we could only guess. They don't want to be honest to the public because sometimes if they are honest to the public, that will make the public getting more panic. |
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I am not sure if that will happen to bitcoin, but for the other coin, it could happen.
Bitcoin difficulty will increase, and without using high-end hardware with big power, we cannot get a reward which will cover our electricity fee.
But if you have free electricity, you can use any power, and that will be a profit for you because you don't have to pay the electricity, maybe you need to give attention for the maintenance of the hardware.
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