I think that almost everyone is panic selling in this year. Even professional investors. Drops are so big
The fall this time was very strong, but those who have long been familiar with bitcoin, understand that it is all within its historical trade. I think that even if you sold your bitcoins in a panic, there will still be good entry points. But even today's price is just as attractive for investors. |
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...bitcoin price 4864 usd ...
Today, bitcoin tried to storm the level of 7000 dollars. I write this because bitcoin has remained the same and its price changes regardless of the price on the stock market. But when the securities market recovers, it will definitely affect the price of bitcoin with growth. |
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it only dropped by 4% and the OP said gold is rubbish, how could that be true.
while bitcoin and other alt are down more than 10%, and does he consider gold worse?
I think this is a little wrong, because almost all commodity prices have fallen, not just gold.
Gold cannot be considered as a short- term investment. We should not forget that over the past 20 years, the price of gold has increased 6 times. This is certainly less than the growth of bitcoin, but much more than you can get from a Bank for a Deposit placed there. |
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It is good decision to create a digital coin for any country. I think, It is great idea. It is more faster than any other payment. This is very helpful for future. Though, there are a lot of crypto-currency creating day by day, but Bitcoin is the boss of all crypto-currencies.
The government in building its own national digital currency put first and foremost their interests, not the interests of the whole of the crypto community. Therefore, this means that it will not promote bitcoin and other altcoins that are decentralized. |
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Most of the time the price of altcoins depend on bitcoin.
When btc increase alts do follow thats why this year many investors are looking forward for bitcoin halving because of the possible effect on it to bitcoin's price. But unforunately covid-19 affect the whole market making the price of crypto to decline.
I don't think covid-19 affects the price of cryptocurrency. The behavior of bitcoin in the market is not much different from what it was before the coronavirus. Traders were able to get up to 80% of the profit in the last 10 days. I think that the halving of bitcoin will have a greater impact on the price of altcoins . |
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When managers requires you to join their personal telegram group, they want to increase their userbase so that they can show it off to the projects that will hire them.
And if you can see the bounty these days, it's very saturated and not the same as before anymore.
I believe the bounty managers requirement that bounty hunters be added to their group is correct. This allows bounty hunters to ask questions to the мanager that arise during the work process. Bounty managers have an additional opportunity to inform hunters about changes in current programs or make an announcement of new ones. But the bounty from the veterans managers have now become very rare. |
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The dominance of bitcoins increases only when the value of altcoins in relation to bitcoin decreases. A change in dominance does not occur when the cryptocurrency market shows growth and the price of not only bitcoins but also altcoins increases. The increase in the dominance of BTC will also occur when the price of altcoins becomes less, and the price of bitcoin remains the same.
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...Now do you believe in us? This of course is our last post and I ask people before accusing us of investigating well and seeing that our initiative is public and noble we would never joke in such a serious problem. Among other things, it also applies to our image...
I do not believe that you are engaged in fraud, I have already written about this before: https://bitcointalk.org/index.php?topic=5234209.msg54065665#msg54065665 I see your real business that is connected with bitcoins. But the way you didn't approach fundraising professionally is surprising to me. According to the statistics on your site, you have collected $13 in 38 days. Such assistance will not be able to radically change the situation with the coronavirus. I think you need to focus your work on something more important.  |
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No one can say the exact state of the market It's very difficult to say when to get down However the condition of the market is much worse now because of the virus The price of BTC has dropped so much that no one ever thought that the price would go down so much. However it is expected that there will be a BTC 9k upfront The market will be as strong as ever and the virus will be released from the outbreak.
I think the price of bitcoin changes regardless of the coronavirus and the financial crisis. Of course, they partly affect the price of bitcoin, but they are not the main reason for the price change. We have seen this price change before, when there was no coronavirus and financial crisis, so I think this is natural for bitcoin. |
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It may not be as bad as you describe - but who knows. And that's, why there will not be any BTC, rises to new heights. The price will rather hang at the current level + / - 1k. People will not have a lot of free money to invest in so risky assets. Conversely, they will sell crypto in search of liquidity
It seems to me that now investors are leaving both the stock market and the cryptocurrency market. Obviously, they want to see how the situation will develop further. And if they see that bitcoin has started its growth, despite the fact that the securities continue to fall in price, then it will invest its money in BTC. |
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KYC does not benefit crypto users at all because the only purpose of KYCs is to avoid fraudulent users or multiple accounts who participates in bounty campaigns or in any projects, so it only benefited projects. Honestly, most crypto users hates submitting KYCs because it might be used to steal their identities and used it in illegal acts.
No matter how you feel about passing KYC, but if you want to work on a good exchange, you will still have to accept their rules. I did not want to pass KYC on Binance for a very long time, but it is impossible to work on the margin market without it. Therefore, everyone should choose for themselves what is more important to them. |
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...I believe that it could be a win-win situation for Bitcoin and other cryptocurrencies in the Blockchain space. Unless governments decide to start rolling their digital currencies to the world, everything will remain likely the same as it is today.
... I don 't understand why there is such a fuss about fiat money. I think that many people have credit cards , and accordingly, there is no need for such people to pay with fiat. Therefore, from the point of infection spread, there is no difference whether you will pay with a credit card or make a payment with cryptocurrency. That will happen in the country which many people have credit cards, but not all people in that country will have credit cards. People still use fiat, but in these situations, they will hard to pay use fiat because many of them are staying in their homes. We don't know how the virus will spread, but we can prevent with care, and we can reduce direct contact with other people. I think that if a person does not have a credit card, they will not be able to use cryptocurrency. Because the presence of a credit card indicates the financial capabilities of a person. Therefore, such a person may not have the necessary minimum for calculating a cryptocurrency such as a smartphone, because a push-button phone will not be able to help him with calculations. |
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You should've included " Alamin1955's quote" as part of your post... - I believe "tvplus006" meant to merit his/her post, not yours.Yes, I really didn 't figure out who was the author of the meme. The absence of a quotation in such cases may lead to charges of plagiarism. I have now sent 2 merits to the real author-Alamin1955, so that they differ from the merit I gave to Mbitr) |
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Everything has been affected by this corona virus even the BTC.
We have seen the price of crypto drops down when corona is spreading through other country and not just crypto but also stocks.
So corona virus isn't just harmful to fiat currencies but to the economy.
The coronavirus is not dangerous directly for BTC) Coronavirus affects primarily people and as a result, it leads to a decline in the economy. Therefore, we see a drop in the stock market, which as a result of the panic affected the cryptocurrency market. |
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Many Company forced to shutdown because of the effect this pandemic. Specially those company who made business with China, it was there supplyer of there materials. But now as I observed global is suffering about this disease. I hope this will end soon.
Yes because the drug was invented to cure the disease or because the Chinese Embassy said that China has been much easier than before and has been able to prevent the virus. But till now trade in different places of the country has stopped because it has spread to many countries. Today, we received very positive news from China: there has not been a single case of a new coronavirus disease in the past 24 hours. But new cases have been recorded in those who have now returned home from Europe. They were all quarantined. And now China has gone from an exporter of coronavirus to an importer of infection. Many industrial enterprises have resumed their work. |
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...“Looking at South African specifically, crypto adoption continues to rise with SA being one of the top five countries in terms of cryptocurrency ownership. Today I’m excited to announce that Binance is launching a South African fiat-to-crypto gateway soon. This will enable South Africans to buy cryptocurrencies with their local bank accounts.”...
I am not at all surprised by this expansion of Binance into the South African market. This is a planned expansion of its work from the Asian market around the world. A little earlier, we saw this development in Binance work with national currencies Russia and Ukraine. |
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