14% up in no time,so the recent drop was pure manipulation and targeted against the people who thinks that way of continuous drop in the near future.I didn't knew or read any news for the price drop and the rise as well in the current week.Lets hope for the best from now and will hang on at the price level of $10,000 until the next halve.
Yeah I understand the intention behind the manipulation but thanks to those whales who did this manipulation as the price pump is like a slap in the face of those fudders trying to pull the value further down with those illogical posts. But now we should not be too exited and just go with the trend instead of cashing out or selling off. Those FUDs are just messing around. I'd like to celebrate these pumps but I am not sure if I would be happy after then. It is just like I am the one who have been manipulated by these changes. Nevertheless, hitting past above 10k isn't yet happening but a little celebration may be will do and full celebration are after it hit past. FOMOs are carefully watching out there. |
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We have been grinding through a bear market ever since we peaked at $19800 back in 2017. All that happened this year is that we have been gifted a bull run providing bag holders a rare opportunity to sell at +$10000 levels. I doubt we will ever get to see the price go back to its past high.
Too early say. As long as there's a demand. And aren't we've been grinding since back then when Bitcoin doesn't yet hit its All Time High but then this bull run suddenly happened along the way. Anyway, 2020 and other years are still there for us to put our hopes on. And as of right now, Bitcoin is climbing well above $8700. That's a 17.5% gain in the last 24 hours, and I'm not sure it's going to stop. What's all this about now? Flash crash of 5% and 10%? And then serious cray crazy gains to make up for it all in just 2 hours?
This was seemed made by whales out there as what majority saying. But if those were true then maybe sudden bull run or sudden pump up is just as easy as it seemed happened lately. For just an hour, unbelievable it is. |
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Even though price of BTC bumped up yesterday from $7,400 up to 10,400. Price is still in a downtrend.
I am not too optimistic just from one day of big green candles along with some announcement from China.
Heavily manipulated it is, more and more every day. Good bye.
You seemed neutral from what just happened. In my case I was a bit shocked though 'cause that was so sudden from that range of time. Although majority are saying that such shocking scenario was just a responsibility of whales, but even though it was a great feeling may be sooner those market spike up would go continuously right. But whatever we are human after all we don't know what would happened on market later on. |
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What if all those big corporates and businesses starts using crypto as a mode of payment just to avoid tax which will cause a direct loss to the government which uses tax for the betterment of the country. This might not affect corrupt countries as it doesn't matter because tax money goes to politician's coffers but what about developed nations?
This will be all going problematic and chaotic in some unexpected ways. So stuff that taxes provided to keep going those things tax payers are forced to pay would be all going dry and disappeared government programs and services would be all handled by private sectors and so on. Well on the other hand government should be making rules and regulations. We all be living an honest and much more wealthier living though. On the other hand, taxless living will surely affect both developed and under developed countries in a way that how heavy the country depend on taxes people provides. |
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Since all this while that mining altcoins have not been profitable like before i don't bother to keep mining coins so i just lock my mining rig in a room and now that bitcoin halving is knocking on the door i think its a good time to start mining even if its not profitable? i believe if bitcoin surge over 30k altcoins will take the ride we've been waiting for, anyways, what do you guys think? good idea or bad ?
Might be a good idea though. But is it worthy and profitable in your place? Your alts would be on hold I guess but you have to sustain you maintenance in your mining stuff such as electricity. It will sure pay you off alot soon. Mining is good for people who lives in a cold places, heat doesn't add upon the cost and they are away from damaging their hardwares plus they do have a low bill of electricity. But if you aren't in such condition plus you do pay higher bills and then you mine alts a little bit then I guess mining isn't worthy for you mate. But it is still upon you to decide. |
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I feel cheated ... but the fact that every project that promises or claims tokens will eventually increase at a very high price is just nonsense ...
in a statement on the road map they promised to use project funds for further product development, but they were only trying to take advantage of the investors' black money ...
what they have to do is develop their product further, not just start doing it or say all the sweet promises ...
These usually happens mate. Fraudulent projects surely a promising project they promise this and that just to cover up their bad ambitions in the end. You've been cheated already at first sight but the thing is if you bite their bait then I guess fault is in your end. Besides many projects are just scaling but it ain't already sure that such thing will happen along the way, it would depend if they meet their certain tasks or goals towards achieving major goal. |
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How to choose a good investment project
I understand that many of us do not suggest investing in ICO but I have to say not every ICO scam, invest in IEO no matter the exchange is, it is better than investing in ICO.
However, these steps help to judge the project.
1. The team behind the project, it is extremely important to see who guides the project, experiments, are they able to implement the road map.
2. The idea of the project, what the project solve, is the project can change something or introduce something new.
These two could be somehow reliable and at the same time not. There too many ways to be considered as well. Majority do research about the ratings but I don't trust ratings though they might be already bought by the project in order for them to look good enough for people. I highly considered a project that manage by known people in this forum. Although the probability of fraud is there but at least they been considered by people whom I know trustworthy. |
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As you know, every time there's a major price movements, the next day people, especially crypto journalists, start coming up with their own explanations why it happened - they try to tie it to some political or economical events in the world, statements by important individuals or organizations, correlation with some other markets, something related to mining and so on and so on.
Well, today Bitcoin went up by 14% ($1,000) without absolutely no reason - nothing important happened today that could have shaken the price so much. Let this be a lesson to people who look for patterns - Bitcoin is random and unpredictable in short terms, just accept it.
It is fun thing to say though but how those drastic movements or changes did happened without any interference in any of the entity outside. Let us say that it is not and it never did but I don't think it will go that way specially with such a range of time. Just an hour it really did go spiked up, there's story may lead onto something unrealistic but it really could be one of those. Besides there's no one forcing us to believe and let us embrace it. It might be a fake news but at least we are aware of the possible situations outside. |
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With so many good altcoins around, do you think Bitcoin can cross $50k by Dec 2020?
That is a long way to go to just count for a year though. But it is a thing, not sure but it could be possibly happened. As bitcoin is so dynamic that people demand's goes sky-rocketted it could happened right away. I don't know any statistics out there but bitcoin did hit 20k by 2017 wherein there are who are in and who are out for bitcoin but still it hits. And as it progress there will always be a light. It will surely make everyones wealthy. |
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Bitcoin's price has been slightly fluctuating everyday but it's not a huge fluctuation to buy in or sell of in order to make huge profit as everyone is eagerly waiting to know where this will us to, this is what my question is over here. Are we heading towards a new price pump or a dump ? This slow drift of bitcoin's value is really confusion.
I guess we're going to a new price pump. It has been a long time ago, several days had passed but it doesn't change a mere situation wherein bitcoin would go dump. It still holds a worthy price although it had much more way back in 2017. As of now there is a several changes sudden pumps might be a hint for a huge pump later on. It might be hard to predict but as long as bitcoin value are stable at such rates I don't think it would go down to the point it might be dump. |
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Bitcoin just made a sudden or abrupt rise hours ago and it reached more than $10,000 before settling at around $9000 as of the moment. Now, I am actually so excited and happy for this development as I also have some Bitcoin hidden somewhere. However, i am a little worried that this very volatile move can be bringing some damage to its overall reputation as a store of value and a future global currency.
Is my concern really valid in the face of this ongoing development?
I was suprised a bit 'cause I wasn't looking to any chart or whatsoever by that time, I was sleeping and when I wake up it was at 10k by that span of time. Was so sudden, I was expecting a side of me though a bull run, but I am on the other hand aware that this was just made by whales. It was so early though but who knows right. Besides, I don't think these sudden changes in Bitcoin market would damage its reputation because it is normal. |
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Daily many projects are brought into the market with different ideas and background.
But the question is what makes these projects to perform well in the market. No doubt good technical support is too necessary to lead the project towards success, but even with good technical support and marketing many projects can't survive.
So what matters these days is financial backup or financial support. Before entering the market a project (or ICO) should have enough financial support to compete in the market even in worst conditions.
It's my own analysis so far in this altcoin market.
What are your thoughts?
They may come successful with a sufficient money support behind. That is how it works but where and what would be the source of those money, well, it is from investors itself who are not just investing because they want the project to be successful but they want something in return wherein those investors are attracted by people who advertise the project itself. So it is not always the money but with people who are working hard to let money come in project. |
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Well here is the fact, any bounty that gives out huge bounty rewards are unrealistic, we all know that we are in a bad crypto season but still they think this is the best way to lure you, this doesn't mean the project is scam but forget the dollar price tag and don't bother to calculate based on $$$$ because you can get 10$ instead of your 500$ worth of token, i prefer already listed and trading projects, what about you? do you agree or disagree?
I partially agree, and I feel guilty as well. Because it is easier to cling on promises beforehand specially if you're just a typical person here in this community. Going around finding a project that it seemed will be going far away looking around the front end itself and then looking to spreadsheet if, and telegram if there's a lot of people are as well engaged to projec, that made me and the others as well forget to further analyze and research more in depth to avoid getting scammed. |
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I am not actually expecting this because I was thinking that if Bitcoin can go higher than #8,300 then it will be moving sideways in the next few days. Today, Bitcoin plummeted to lower than its support level and is standing at $7,654.85 per CoinMarketCap figures. The whole cryptocurrency market is on the decline and is painted with red juice color.
Where is the next direction of Bitcoin is everybody's guess but I am a firm and strong believer with this coin that I am predicting that it can in hours be heading south. I am still inclined to believe in many analysts' prediction of it to soon breakout the $8800 zone.
Am I just over optimistic and blinded by things happening the market today?
Ain't no bull run as for today. It is just as majority stated did by whales may be. You're not being over optimistic though it is just you're a bold believer on the potential of bitcoin. Anyways, this thing happened a long time ago as well not so sure but I guess in a span of October and December. Pump came in October then it came around November and bull run came in December [please correct me if I got it wrong]. With such happening it might be repeated, as a famous saying history repeats itself, so who knows that it might happened to crypto as well right? |
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Dear all,
I bought 2 BTC when it were 18k USD/1BTC and lost all my other assets with BCC 400usd.
I still have been keeping them with the belief that it will recover and over 20k.
it is too long time and that makes me so tired, i need money to invest a plan,but there is no money
Do you have any idea?
There's nothing you can do beside HODLing it for a long time. I am just wondering that why did you buy bitcoin in 18k USD that was big though. You bought 2 BTC during the market was growing so it means you got a lot of money out there mate, I don't think you need to worry. Or may be it is just a reckless buying huh? In addition, it will be a long time for BTC to grind back again at 20k or it won't again. |
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Oh shoot I was just sleeping when this happened. Is this an incoming bull run? Nevertheless, isn't just too early? I was expecting that this sudden pump would happened around December just like what did happened way back then. It may drop soon (hoping not to). Anyways, time to buy a lot of bitcoin when it drops it might be for crypto currency this 2020 though. |
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Recently there is lots of bad news are coming for fb coin Libra. In this circumstances what do you think Libra coin is going?
I have recently read that facebook chief executive Mark Zuckerberg already quit in this project, I don't know if it is a fake news or what but it seems Libra won't be going far away like bitcoin or the other coin even though the company behind Libra was sufficient to fulfill all of it needs. I recently read that it may come soon in 2020 however, Mark Zuckerberg would deploy it depending if it is fully regulated by United States regulatory there are still a 50/50 percent of chance of being successful. |
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Hi, I trade second year, but I canīt increase my trading success. I learn to trade by myself from e-book, videos,... I am looking for some coach. I donīt need to hear when buy/sell, I need someone willing to push me little forward. If I would want to open position I would send (you) my analysis and you would say: "Yes, it is good position to trade, because ....or no, donīt do that, because....." and try to help me improve my analysis and trading skills. If there is some great trader who would be willing to devote a little time to me, please contact me on my email jakub.pudis@gmail.com. Thanks for all replies. There's a lot of succesful trader out there that have also learned with themselves as well. Besides, I don't know any who's willing teach you without having any in return, or may be it will charged you very expensive. Bet you are already doing good in trading you aren't just satisfied with your gains or may be you are sticking with what you have invest since then, try to improve your investments, the more the risk the bigger the gains and the bigger the loss as well. |
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Well!! Did you know? Trading crypto is one of the risky thing as a lot of people starts trading without the knowledge of cryptocurrency market. As a crypto beginner trading crypto safely is one of the best idea ever. What's your take on this? Trading crypto isn't bad if the trader are knowledgeable about trading. It is all fun and game until you start to lose your gains which in fact cannot avoid, but what's take in that is you'll learn from those mistakes and would obliged you to even further expand your ideas in every side of trading tips, strategies, planning, emotional stuff, analysis and whatsoever. In addition is that new comers and specially those who are just betting they'll make fortune out of trading are skipping those ways 'cause they always find out trading is just about buying low and sell high. |
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Sure it's impossible to say but still... after yesterday hearing i really don't know what to think. Used to be sure Libra entry will boom the market once again but it looks like Libra's not coming shortly.
Is btc halving the most promising ''event'' we are looking forward to (at the moment)?
It may come sooner in 2020. Still it is quite unsure if it will really be released in 2020 chief executive Mark Zuckerberg do not want to release it yet until United States regulators does regulate anything about Libra. I haven't heard anything right there from facebook about the upcoming coin they'll be releasing even an announcement a little about Libra. It seems it would make quite a name around crypto community but I cannot figure it out if it will come close to Bitcoin itself, 'cause facebook still maintains their appearance world wide avoiding such bad reputations might not be good for them though. |
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