Since many people try to convince us that Bitcoin is a bubble and how we will lose our money eventually, I wonder if money is not a bubble actually. There exist economies in which money has a positive value in spite its market fundamental is zero. That means fiat money has zero value. Fiat money is a social contrivance. We take money from other people because we know other people will take it from us. In theory and practice the fiat money is a bubble.
Of course fiat money is a bubble and it is bound to burst as well. We cannot just fullfil recent experienced to future. We cannot as well assure that the government have the potential to maintain the economic resources while producing loads of money and besides it will run dry in the end as the payments, funds and transactions has to be made digitally. |
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Maybe it will. Although China government has only one sided decision in this after all. Though may be the two could meet half-way on making their decisions because they'll be needing each other specially China. Besides the interest are already in China they are just making a safe decision with regards with their own crypto because after all they are against with Bitcoin.
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When BTC more than $20K again  Seriously, nobody really knows. I remember people saying alt season will start upon EOS mainnet launch but that never happened. Now, some are saying XRP will rally the altcoins and it doesn't look like it's going to happen. If you ever plan to go with altcoins hoping there will be an alt season, stick with the top 10 or top 20. Don't expect a 1000X or more from relatively unknown alts. Totally agree with this. Something behind those top 20 though isn't guaranteed that it will be good in the long run. Stick with top 10 for better and top 20 if you just want to expand your reach. Oh in addition if you are confident enough then try out something new in the market. Besides such altcoin will only be up if Bitcoin's market start to bull run. |
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Great looking on the chart there mate. At least I'll be able to take a bit of relax for a while. I am not saying that I will be going to believe all the way through but I atleast have my hope for an incoming better market. Although bitcoin wasn't all about this chart, specs and prediction but the thing is that we have at least the foundation of hope. Thank you for this by the way.
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Apparently not every news that we see is good and there have been a meeting in NYC of the big investors Who are analyzing the price of Bitcoin and telling how it's looming near the death cross, if it crossed that then it will directly hit the bottom price and People will loose a lot apparently.
Let's keep it realistic , no bitcoins hitting 1 million and such , what do you guys think of the graph ? Why haven't it been moving to a favourable turn and as far as I remember the holiday season is coming so I don't think I would expect a huge price increase Soon , because we all know how holiday season affect bitcoins.
Deathcross have been there isn't it. Aren't we bearing the market back then until those sudden pumps lately puts away this long drought. Well there still November and December to count let us put our hope for that month to put some positive changes in the market. Besides there are some new coin in the market rising up. |
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We are all aware that the bitcoin is the last hope when the other altcoins including Ethereum are struggling to survive and even bitcoin has not had any massive pump as it's fighting hard to stay on $8,000 despite numerous fluctuations but will it help bitcoin if we just move our funds to bitcoin which we have invested into altcoin as it will increase the demand of bitcoin if everyone can do that as this will literally do what the whales have been doing to increase the price when they want by creating the demand.
Great idea. But the chances in this are just 0% and 100% no more back up though. Let us say that bitcoin demand increases considering what you offered it will be all fun and games until the price the drops. I don't think there will be no other way than cashing out your money till it gets worse 'cause there are no other options existing anymore, no alts means you taking away your 50% chance of opportunity. |
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The market is always "manipulated" long and short. Usually with longs and shorts. The idea that the price can easily be moved 20% in a day with a single pump or dump, two days in a row even, should make it obvious to anyone by now. This isn't the first time and it won't be the last. Bitcoin futures exchange Bakkt also reported the highest daily volume today. Bakkt saw a trading volume of 1131 BTC. The sudden pump could be a clear sign of market manipulation as bitcoin surged through all technical resistance in no time at all. Other says that it was Chinas responsibility. Not by manipulating though it was some kind of stuff that is related to their opening of crypto don't the exact situation and it was just a mere coincidence by Whales. If it ain't true, then what's sure for now is that we might as well experience a pumps sooner with these situation rising up side by side. |
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China have been studying and developing their own cryptocurrency while banning Bitcoin. They really don't wanna be in behind in Bitcoin huh. That is totally understable specially Chinese men are competitive when it comes to businesses. I am just wondering when it comes to market, are they going to force their citizen to use their crypto despite of it price in market?
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I would participate I supposed. Or I could either invest as well though IEO is alot more safer than those ICO. I am not saying that it is totally safe but it is somehow safer than ICO reviews are done beforehand. As for the new ready coin, may be I would invest as well. I'll go with either B and C, wallet is enough though and besides I ain't a miner.
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With that in mind, the smarter way to hold bitcoin is to sell it when prices start going down, only to re-buy a larger quantity when prices stabilize at a lower range. Then, with the same capital, you increase your bitcoin holding every time prices drop.
It is quite tough specially you're not in your monitor or screen to watch it all over the time. Though there comes the notifications but you're not around 24/7 so better yet try another techniques at the time. It is a smart one indeed as for slow price drop. Be more knowledgeable about the other techniques it is surely a smartest way so that, you are flexible in every changes happening in the market. |
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I have mentioned a project called Sessia (kicks). The project offers something like incentive. After each purchase, you get Cashbacks, and your friends can see your receipt in the Feed. What's more, you get kickbacks from all their purchases in the same shop. What do you think guys about its future. I need your advice that should I invest in this project? Kindly suggest me. https://www.sessia.com/There is no wrong in trying it. Though once you invest there is no turning back remember it. Besides there were same projects like this outside I don't quite have the idea if they were big but this seemed new. It might go big or small, and who knows that this project had already have connections to big companies. Besides, if you're still not sure then don't, and if you're in your dilemma then try to tip off a bit so that you won't be missing other project out there. |
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If these sites just go for some verification before promoting these scams, it would be very good for the visitors. Verification can include Mobile verification, Identity verification etc. These sites are an open image of crypto, if these sites just reduce their earned money by a bit and plan for long term then it would be beneficial for all of us.
There are some out there that promotes only those real project. It is just not as popular as those business platform. Still business is business in the end. Just give an enough money to someone they would be doing what you wanted. This literally happened as well on the outside world. Let us just hope for those who will be seeing those scam promotions be more aware and search more about the project they will be engaging. |
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Greed is just a root of all it all. Everybody want to get rich of course; searching stuff online, doing some outdoor activities and whatsoever. But such greed to money stands as a wall between you, passion and knowledge that everyone tend to forget to do and think of beforehand. They just search and try those things alike on what they have seen forgetting to ask themselves why they should do this, what is more into this, and where am I getting at in this before participating. Leaving greed would be a major key to avoid scam.
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Despite the legal frustration faced by Libra and GRAM, altcoin is in line with the historical evolution of payment system; from bartering to the first coin ever minted (in 600BC) to bank notes to credit card.
In my opinion, full decentralization might not be achieved at the time being but if altcoin survives this phase of trial time, crypto market will witness a massive adoption compare to the previous years but in a very slow pace.
I don't it will be going all real. There's no point of returning back at being decentralized. Though it could be part of it but system has to be regulated, monitored and has an authority on top of it all. It may sound selfish but it would be all problematic if everyone would be all leave unruled. Nevertheless, it could be a part but it cannot be a thing for whole masses. |
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Aside from monetary incentives in crypto, I rarely come across discussions pertaining to why the average enthusiast in crypto is involved with crypto. While the answer may be pretty straightforward, there are some outliers.
Crypto means much more than just monetary incentives, it's essentially a technical revolution that has involved the masses, something you and I can be apart of. Ultimately, that's probably one of my greatest interests for blockchain and crypto. Another big intrigue for me is the evolution of blockchain tech in itself. I've been around for quite sometime and have witnessed the evolution of cryptos, businesses, behaviors and attitudes.
These 2 factors, along with several others, are the reasons I continue to be involved on a community and business level with crypto. It's become a hobby, passion and business for me.
I always think of being involved in some businesses whatever it is except of illegal business of course. Till I came across of the idea of trading, investing and something more about crypto. And then after this a friend of mine knew something about crypto that is why I continue to this. Well I never thought of this world, no tax, plays only with technologies and so on. Pretty convenient it is. |
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The Bitcoin tide has lifted all altcoins boats today, but Bitcoin SV (BSV) price was gaining even when the sea was all red. Anyone knows why? Not quite sure with this. But they were all made out of hard fork. Or may be on the away around masses were into certain alts in which you notice. Besides, Bitcoin SV features were all favored for miners so maybe miners majority of it are all into Bitcoin SV, so, even the market downfall doesn't have a huge impact to Bitcoin SV. |
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wherever i look today it seems like there are a lot of people who are surprised about the "rise", which doesn't make any sense to me because there is nothing surprising about this rise in my experience.
the only thing that surprised me was the Fall!
when the market was in bull mode and the price was strongly rising and we had the reasonable correction after the $13k record, things were normal. then the dumping came and price fell, that part was surprising. when price entered the $7k range again 2 days ago it was one of the most surprising things after the $3k drop earlier this year. that drop was "manipulated".
this "rise" that we are seeing today is not at all surprising. it was long overdue and should have happened a lot sooner. we are seeing the market correction and coming back to real prices once again.
May be because we have been for bear market for a quite a while. That is why majority got suprised when the market goes green besides that sudden rise was something unusual some other thought of bull run though. Nevertheless, it was been manipulated by Whales by some news but others claim that is because of China stuff. Anyway let's just hope for pumps after these circumstances. |
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The nature of Africa was decentralization! Africa was unite and great until colonial masters began to centralize everything. Now all the resources is control by the western world. Now that the world is changing and blockchain is bring back decentralization to the world would Africa get their power back?
I don't think it will. Decentralization means individuality and the government purpose was to unite and make progress to the country they govern. Though bitcoin can be good to them but it doesn't mean they have to be decentralized as well. It will surely be a problematic society greed everywhere will start to occur as everybody wanted to be on the top. |
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As expected to developed countries though. They don't want to take the risk 'cause it might be the very cause of their economic crisis. Besides their economy are all looking well nothing to be worried about or to cover up for them to accept bitcoin unlike Venezuela. Even the US citizens majority are trusting their bank and the government.
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There are still unclear perspectives over there. We could be analyst and all over here then say this and that. Well that was good to hear but aren't we are too fed up with news like this. Though the impact of this specially to new comer and new traders is that they'll be hodling their potential gains just because with news like this although if it may come true then they are lucky though but if it otherwise such possible progress are far away from them.
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