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I think any thing bad happen to stock market or any traditional market can cause crytpocurrencies especially bitcoin to rise. If people decide to move their money from stock market, for sure cryotocurrencies are good choices.
If I don't want invest in stock market there are some other options and bitcoin is one the best ones.
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As we know, Bitcoin had reached at it's peak of $19k during the end of the year and after that it went to a deep decline.
People are hoping that the same momentum will take place this year too. So if this happens, won't people be ready for buying at this price.
Or lets say if the price really goes high and when the year end comes, won't the people sell it before the decline arrives ?
If people start selling, don't you guys think that the decline will arrive much faster than the last year ?
P.S : My point is, we can't expect the price to rise and fall the same way as the last year.
Some people sell bitcoin and some people buy bitcoin. It's what happens all the times in the market. News and many other factors determine the supply and demand and demand can be higher even if many people take out their profit. Whales also affect the prices. Note that a day the price was less that a dollar. Just look at the charts. The next wave can be very fast. |
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The maximum numbers of bitcoin to be mined is 21 million bitcoins. Bitcoin can not be used as money by the whole world because it has a maximum cap. My opinion . What is your stand ?
This limitation is one of advantages of bitcoin. It makes money printing impossible if bitcoin is used as money. Money printing causes inflation. |
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There are many scam ICOs that distribute the tokens on time without any delay. Because there are no project and there in no need to spend time on projects development. Token distribution is the only thing they can do and they distribute that valueless tokens easily.
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If some one believe a project, shouldn't wait to buy after bounties distribution. He/She should buy in ICO.
Bounty hunters also don't sell their coins cheap if they believe the project.
Generally, the dump after bounties distribution depends on the projects. There have been many coins that the price was rising during bounties distribution.
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I don't think investors or bounty hunters burn their tokens. Even if that's a scam token you have to pay fee for burning and it doesn't worth it.
Developers might burn tokens to decrease the total supply.
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Panic sellers worry that the price fall again to 6800 which was the last dip. But I think selling the coins is the worst thing any one can do.
Bitcoin price rose to 19000. Then it was corrected. Now the price is rising again. But there are some small corrections before reaching a new all time high.
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Bing? Any one is still using Bing? Before I read this post, I had forgotten the " Bing"
Any way, banning scam ads is not a bad news.
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Cryptocurrencies regulation is a must and it's a good news. Seems that Ukraine and other European countries are trying to take the advantages of cryptocurrencies.
Compare the news we hear from European countries with the news we hear from Pakistan, India, China an some other countries.
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I am curious about the price of cryptocurrency usually recovery in the weekend even most of cryptocurrency are in the downtrend ?
Cryptocurrencies prices are really volatile and they don't follow a same pattern in different weeks. I doubt you have seen the charts for many weeks. |
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Dollar is now used for most of the international transactions all over the orld. It's not fair that USA can control all the countries transactions. I think it will change in future. A cryptocurrency which is not controlled by a special country is a good option. But It's difficult to predict that currency will be bitcoin or not.
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How can the government discover I own BTC, let's say I'm from Venezuela where crypto is banned, what they can do to discover and arrest me?
Bitcoin transactions are anonymous. As long as you don't reveal your identity, no one know you are a bitcoin holder. For this purpose you have to buy bitcoin peer to peer from a person you trust. Never use exchanges that force you to verify your identity. |
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this is not a citizen /private business ban.. calm down
People don't understand the meaning of ban here. You can buy and sell cryptocurrencies, via P2P exchange. You can trade them, hodl them and do anything under legal jurisdictions. If banks continue to deal with crypto related businesses, they would have to face consequences. And crypto business cannot function in that country anymore. That's what ban means. Yes, you are right. People are always able to buy and sell bitcoin. They can trade it peer to peer. But some governments are trying to make it difficult for the people specially when they want to convert bitcoin to their national money or their national money to bitcoin. Any way, governments cannot stop people completely. |
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Korea, China, Japan - these countries have always tried to take a leading position in many issues. I'm not surprised that they relate to the Blockchain.
The decision of Chinese governments has been completely different from what Japan and Korea are doing. China has banned bitcoin. But Japan and Korea are taking the advantages of cryptocurrencies. |
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This kind of news always come from developing countries. These news don't make me worry about the future of bitcoin because bitcoin is not controlled by the governments. Just ignoring the advantages of cryptocurrencies by some governments make me sad.
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Seems that the government of Venezuela is trying hard to make Petro more popular among the people.
As the purpose of Petro is facilitating of their oil sale, We should wait to see whether they will succeed or not.
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these three standards are out of date . we need new standards , now . first , currency cannot be manipulated by any institution . second , it can be freely circulated throughout the world . third , it is decentralized . bitcoin meets these conditions .
You are right about these three criteria. These are what blockchain technology has introduced and should be implemented in new currencies. But I think the criteria that OP mentioned, must be met too. They are also needed. |
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According to these sanctions, any bank that deal with Iran, will be punished by United State's government. So, people need a decentralized currency without any middleman.
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I've seen somewhere a similar theme. On my ethereum wallet i have such tokens, i got them from airdrops. But I'm not going to do anything with them. what will you do with them? you can't throw them away, sell them, too. It is hoped that someone will pump these token in the future on a decentralized exchanges and we will be able to sell  Why should someone pump a scam token? There are many potential coins that people are more interested in them. Just forget them. There is no better option. |
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