I dont think that this feature has an immediate effect on the market. This might take sometime, because the primary purpose for this is to make cryptocurrency widely known from every corner of the earth. And maybe Samsung believes the potential of this technology.
Upcoming issue on that private key storage is inevitable, that'll be expected.
The cryptos enable feature smartphone by Samsung will make crypto to gain more popularity possibly more adoptions but I agreed with you that its effect in the market might not be felt now however in a long run definitely its going to make some differences in term of having a well secured mobile wallet whose owners might want to try out having some cryptos and test the wallet functionality. |
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The other two tokens are Enjin and Bat it seems. Their price went crazy as if they'd be used by a lot of people pretty soon, but in fact, it's just pure speculation just like usual. On the other hand, HTC also released their own crypto phone with support for Decentraland (and as usual, it cause the price to spike like the bull run is coming).
Wow. I didn't know about HTC. It seem like it is going to be a new battle between corporation in the sense who's phones will have better crypto based functions. I just do not understand why Samsung is going to work only with Bat and Enjin? I didn't hear about this tokens at all. This is indeed unique having a phone with a crypto based function as an added advantage going by the rampant cases of hackers hacking many online wallets, I salute Samsung for taking the bull by the horn by incorporating this feature which I believed will go a long way in providing a more secured mobile wallet, Its also a good news that HTC is also joining Samsung in making provision of the same feature this will encourages market competition and possible brings down the price of those mobile phones. |
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Cryptoworld supposed to be in anonymous transaction mode but the system had been flooded with so many KYC request, I belief KYC is mandatory in some cases to curb money laundering and other fraudulent activities however some ICOs, bounties demanding KYC is not necessary and could as exposed people identities to others fraudulent organizations who will buy those documents to perpetuate crimes, I suggest having a regulatory bodies to oversee the activities of those ICOs.
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Bitcoin is nearing to a very important resistance level if we manage to breakthrough this key resistance line then and then we will see a bullish momentum take effect and rally all the way to the top but the volume stop at $3900 i think the bulls are exhausted so we might see another drop any day now or week.
And the drop you are expecting has happened.
After reaching nearly $4,200, the wall has been broken which we can verify that it's possible for bitcoin to break the resistance. The market has been slowed down due to some reasons that we can't say for now.
I think the biggest players are just waiting for one major announcement before they show themselves to the market. The next major move that can break the resistance is subject to a major fundamental announcement else the price will continue to range within $3700+ having been in that range for long until the recent rumoured ETF approval leaked out before the price rally upward I believe the same scenario will repeat itself in an upcoming positive announcement. |
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I am wondering what I will do during the next bull run. Here is one idea: Buy $XXX amount of Bitcoin every increase of $1,000 and HODL until a certain limit. Or Buy $XXX amount of Bitcoin every increase of $1,000 and then Sell for profit.What about you?  I will prefers to buy at $XXXX amount of bitcoin and hodl after a bullish pump in $1000 I will sell off 50% and continues to hodl the balance in another $1000 increment in the price I will sell off 50% again, I will repeatedly do the process again thus with that I will be able to have an edge over the market. |
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You don't just completely rule out the bullish runs and condemned it, its very obvious that there is a retracement in the price of bitcoin whose effect might likely break the strong resistance at $4K.
The price cannot continually be walloping in bear runs for so long without any bullish runs, perhaps the much expected bullish runs will be triggered in due course as result of upcoming positive fundamental news.
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Cryptocurrencies is a revolution in digital currency world the adoption is gaining ground in all ramifications and the fact that it is being accepted as a currency is a model to many online stores, institutions etc. The technology (blockchain) behind cryptos had reinforced the currency as a scam-free and cannot be fraudulently manipulated.
I think Cryptos had defiantly stood the test of time in form of sanctions, bans etc.
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It has do with supply and demand I don't think the price pullback or retracement has any thing to do with the any fundamentals some professional traders will sees the recent bullish runs as a bull trap having called for cautions as a trader, I also believed the price had not really kick started the expected bullish runs probably the resistance at $4K+ is very strong.
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Today, the cryptocurrency has grown very well due to rumors of ETF approval, but what has changed during this time? - right! anything increase is most likely temporary. Your opinion?
Whether its temporary or not it is as a result of rumoured ETF approval there is a remarkable pumping of the price having hit $4K for a while before retracing or pullback to 3$K8 which is also a good point to take profit which stood at low of $3K3 before the rumour approval. |
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Btc address: 39okoAPVE6Sq6LAbAXXjFYrdvWRBW8i2cC
That is my xchange Btc wallet address
Xchange username : Palle11 Please, who has received his or her pay for the week? I have not received mine @ CM. I also haven't received mine. I already PM @Arteezy.rtx my xchange Btc wallet. Yet to receive my payment too. |
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The experience as a bounty hunter is a little difficult and made to continue to be patient, when participating in the project and follow the rules well, after finishing waiting for the calculation of tokens. The token calculation was then updated, but until now it hasn't even been distributed, and finally, it can only say "scam". What we can do, patience has been done and this really must be careful in following a project.
Bounties are not worth it in this bear market. You do everything possible to accumulate more coins and then the team says that you are not going to get them on time when the coin will be listed. And you receive it only when the price drops a lot and you end up hodling and expecting for a better price in the future. Also, scams are rampant and it is very sad to see coins ended up scams when you have invested so much time. Exactly bounty hunting now is nothing to write home about as the market is in green, every effort in bounty will culminate into mere reward which is far from the effort put in, however that does not mean its should be written off, once the market sentiments changes to bullish invariably bounty hunting will once again become good source of earning. |
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Crypto world is not dying despite the disappointing hacking of those exchanges nevertheless the overall market sentiment is responsible for the downtrend experienced throughout last year, however as the market is showing some sign of recovery hopefully things will come back to normal with positive news surrounding the SEC ETF approval and launching of bakkt.
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All you have to do is be patient, it may take a few years but bitcoin will be over $20k eventually. Adoption will increase while the inflation rate will drop.
sometimes new traders who do not know how to trade well will be difficult to control their patience because surely they will easily panic to see price movements when there is an issue that has an impact on the price of coins at the exchange. More so some of this new traders are having the habit of "get rich quick" syndrome they lack that patience needed in trading forgetting the fact that bitcoin is a long term investment just as the OP is anxiously asking the possibility of bitcoin reaching $20K again maybe his perception about bitcoin is make some bucks quickly. |
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The future is certainly bright for cryptocurrencies at the moment and it just seems like everything is falling in place at precisely the right time.
Bitcoin ETF is coming up, Bakkt launch is also around the corner, Ethereum Constantinople hardfork is almost here, JP Morgan who public criticized cryptocurrency last year is launching their own JPM coin which will be the first cryptocurrency backed by a major bank in the world, and the timeline has been set for the next bitcoin halving.
The bull market is not so far off again
Those listed fundamentals could be the underlying factors responsible for the bullish runs whether we agreed or not, Bakkt launching has been in the radar for a long and recently rumour about possible approval by SEC ETF leaked out while I believed these could the major reasons for the bullish runs we are experiencing now a lot of analyst opinionated that this is bull trap. |
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I paid for online course and bought some services via bitcoin. That was the first I used a medium and the experience is very remarkable I hope more stores, industries etc adopt bitcoin or other Cryptos as means of transactions as its becoming very easy to use bitcoin.
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Gradually Samsung is making inroads into cryptocurrencies using the new smartphone having done a case study and are now successfully launching the phone, this is a welcome development and a leeway for Cryptos enthusiasts to have more options in storing their coins and probably will paveway for more adoption of Cryptos.
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Many of us use bitcoin only in exchange/trading site, while bitcoin should be more used in marketplace/online shop. Which one do you choose? Do you prefer to use bitcoin on a trading site or marketplace/online shop? And why do you chose that?
My.preference is using bitcoin mainly for trading transactions purposes in my exchange and for long term investment via my wallet. In my country adoption of bitcoin for marketplaces or online shop had not been fully integrated thus this option is out of place., however Its easier for me to exchange bitcoin to fiat and then ordered for goods online of which I am well comfortable with it |
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Daily trading has a higher risk than long trading. Therefore the management that you apply must be truly disciplined, here the indicator will not have much effect because you must be faced with executing briefly. In contrast to longterm you can still think 2x to think about what you should do next.
It is not risky if you really know how to trade well, if the market seems like you cant earn for the trade then why you will continue to do it, as long as you can earn to the market then trade, if its not then stop for a while. Some traders prefers daily trading to long term trading because they posses a working strategy and well comfortable trading with 1 to 4 hour timeframe most of these traders uses stop loss after considering the volatile nature of cryptos, I believed setting a good stop loss will adequately covers the risk in involved therefore trading irrespective of timeframe is matter of choice. |
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I am a trader or at least that is how i see myself. I trade on binance, okex, idex, mercatox, bittrex, houbi and some other exchange. Lately i notice a lot of new crypto exchange popping here and there. And as much as i know and safe guard my password and secure my account with 2fa, I am still curious of the factors other traders consider when they are signing up on a new exchange. Would love to know some of your key factors so i might look into those too.
I always go for a well secured and popular exchange, of course there are notable ones in the system, a secured exchange will never be prone to hackers eg the recent hacking of crytopia of which investors funds are at stake, to cap it all an exchange. that will not comprise its security is surely my bet. |
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