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Right now we are seeing the price is going up at a constant rate. Almost crossed $9,000 USD today. We are expecting the price to go further up and reach around $11,000 by the end of the week. Looks quite possible though. And after the recent discussion where the governments decided to go soft on crypto currency and add no more regulations for now, we might see a new all time high of the month any time soon.
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wallets work better for me, exchanges are ideal storage place for traders, but wallets are safer especially hardware wallets. they not only give you the convenience of monitoring the activities of your coins but also give you the ability to verify transactions before making them. we have al seen the news that exchages has been hacked and lots of coins lost, thats almost impossible with wallets.
No. Not even traders should store their coins on an exchange for a long term, especially if the amount of coins is high. There are risks of the site being hacked and losing all its coin. Or even the traders account may get hacked and lose all his coins. Better take precautions before anything bad happens. |
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Price if bitcoin is so volatile and it is the nature of cryptocurrency. The fluctuations in price of bitcoin is caused by many factors like FUD's who are scaring bitcoin users or investors. and also bitcoin unlike fiat that it is beig controlled by the government , bitcoin is not being controlled by the government , if investors think that the price is getting low they can easily trade their btc . So it makes more problem in bitcoin as people are selling the price is getting low.
You can not always blame FUD for the price fluctuation. In fact FUD only causes the price to go down, not fluctuate. Effects of FUD does not last long and recovers quite quickly. There are other causes of price dropping like government being more strict with crypto currencies. And don't forget about demand and supply. |
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I don't think we will need those "centralized" coins and will be totally a waste. We already have a ton of digital currency (not crypto currency) like paypal and skrill. Why would we need more of those shitty stuffs? Just to fool people and get their mind out of "decentralized" concept?
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If all coins are going down its time to buy or wait for more dump?
I have 300$ what i can buy and how much i will get after 2months?
It is actually wise to buy when the price is going down. If you are willing to minimize your risk (hence your profit also goes down a bit), try investing small amount. Keep increasing your investment as the price further goes down. This way you will be able to get some profit even if the price does not reach your initial investment price level. |
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Do people think we are now in a time of real uncertainty over what the price is going to do next. It seems to defy all logic. I thought it would go down a few days ago but it didn't. And now it has gone down today. Will it go further down from here around 8.1k now at this time or will it go up again over the next few days. This must be putting people off investing. Or are people just optimistic.
The prices are unpredictable. But look at how much the price went up from last year. So technically we are still up compared to last year after the sudden (and abnormal) rise of the price. And nope this won't put off investors. In fact new investors who missed the opportunity before can now join. Only few investors who aren't willing to risk are going to get out. |
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The market is down and almost every coin is in the red zone. but don't forget where we come from. We saw a rise like never before. Do you think it's normal (for an asset/stock) to rise 500% in a few months? The stock markets call it a fantastic year when stocks rise 20%... Look at the bigger picture starting around 2016. Look at those graphs and you'll see a huge rise, still... The real problem is the amount of noobs entering the field at BTC prices of >$10k. they see their investments turn red. For us 'veterans' , we'e still in profits (and a lot that is).
The stock market and crypto currencies are whole different thing. You can not compare this two in any way. Both behave differently on different occasion. Even though the price of crypto currency went up a lot, we can not expect the price to fall drastically, as new investors are the ones who end up suffering. |
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I see many of you saying that the crypto whales are behind this downtrend that we see now. But if this is true why do they push it so far ? Not even the whales will meke money in this market. And if pushing it to far the whole crypto market might collapse. Than no one will make money anymore. Know media and all the fud out there have a huge impact on the market to.
This is not how it works. It is true (or assumed?) that the whales are the one who causes the prices to go up and down. This is what they usually do (once again, this is all assumed) - They start buying a bitcoin causing the price to rise significantly. Other people seeing this price rise starts to invest on bitcoin causing the price to go up further (at this points the whales have bought enough to keep them stocked). When the price of the coins goes up significantly, the whales starts to sell their coins which in turn causes the price to drop back. Seeing the price fall, other investors starts to panic and ends up selling their coins, causing further downtrend. The whales take their advantage and once again starts to invest on the coins, thus continuing the cycle. |
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Stock is good but cryptocurrency is better and as a matter of fact, cryptocurrency is the future. I will advice that you divest gradually from stock so that you can experience cryptocurrency for as long as it takes for you to learn how it works and how it will work for you.
And how did you know that it is the future? Prices of stocks can be predicted easily, where as the price of crypto currency is ever fluctuating with no stability. We can not predict the price of crypto currencies like we can predict the price of stocks. Investing on stock is less riskier than crypto currencies. |
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Good for them. At least they will leave bitcoin and other crypto currencies alone. I don't know how popular their "centralized" digital currency is going to be but i am sure they will be able to fool their people easily. On the bright side, at least people will get to know more about blockchain technology!
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I just went half way through your post (too big, should have added a summary for those who TL;DR) and got an idea about what you are trying to say. No shit coin is never good for a the economy. People who invest on those shit coins lose a lot and then those coins end up creating a bad impression about crypto currencies. Negative impression about something is never good for the economy.
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i never worry about my bitcoin, in fact, i seldom see my bitcoin on the wallet, i already plan to hold btc for a very long time and the price have little influence on me indeed
I recommend to you that you check your bitcoin more often maybe you know you are not going to sell but you need to check that your coins are okay you never know when a hacker may get access to one of your wallets and steal your bitcoin and you need to be able to reduce the damage and that is only possible if you are alert. Frequently checking his bitcoin might make him kind of obsessed to his investment. Obsession might lead him to make unwanted or regretful decisions which might make him suffer later. Its better to leave his investment along check after a long time. Moreover if his coins get hacked, there is nothing much he can actually do, since he can not reverse the transactions. |
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People are very cautious investing in Cryptocoins. I know some people are waiting for BTC price drops under $7,000 for them to invest in BTC. Are you also waiting for this moment?
People who did not or failed to invest on bitcoin when the price was low are the once who hope that the price will someday go to an extreme low point so that they can invest during the price drop. This price drop actually allows new investors to enter the market causing the price to go back up further to a new higher level. |
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Aside from bitcoin what do you think is one of the best alternative investments in the economy today?
Aside from bitcoin, you can try investing on other top ten legitimate trending coins which have potential to go up. Try using coinmarketcap for in dept market analysis. If you mean investing on something else rather than crypto currencies, then i would say investing on your own business and expanding it. |
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Now many currency in crypto market, example bitcoin,ethereum,XRP,LTC,ADA,NEO,Dash,Waves and many others. Which is your best for exchange or trading?
Your opinion.....
By exchange if you mean exchange of goods, I would say bitcoin. The fees are low now and bitcoin is more popularly accepted on stores that accept crypto currencies. If you mean trading between crypto currencies, then it actually matters on which coin is going to give me more profit. |
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The price usually falls or goes up cause of different reasons. News events play a major role over here. Any kind of negative news can cause a negative impact on the market. People starts to panic and sell off their investment causing the price to fall. Similarly any good news might trigger the price to sky rocket.
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I'm still wondering why bitcoin suddenly dropped over 11kUSD. i thought that it will hit 30k usd this year, but how come it's suddenly dropped? i dont think so if its manipulated by whales or maybe the supply and demand of bitcoin is one of the problem . or maybe uts a chance given to us to buy so we can havea good profits. can someone explain?
We couldn't break the $11,000 USD wall but instead got back to $8,000 USD. Probably news of google who is going to ban crypto currency related advertisement is to be blamed. People react quickly to such kind of news. Take this as an opportunity to invest your money on bitcoin and don't regret later. |
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They actually do work and what ever they spend on the bounty campaigns gets covered when people invest on their ICOs. This is the reason why most ICOs scam. When they fail to provide,they end up scamming their users.
Bounty campaigns = Advertisement = more people noticing the ICO = more chances of people to invest on that ICO.
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After the recover the price seems to be tanking down once again. The negative news which are being spread is to blamed for the current price fall. Google decided to ban all advertisements related to crypto currencies - not a good sign for the price of bitcoin.
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We all know that there are a lot of bounty in the bounty section as we can see, but my question is how to choose good bounty campaign that we are able to earn money? Many people mention, that the only way to determine whether the bounty is profitable or not is by reading its white paper but may I ask to those expert here what is the other way to determine the profitable bounty?
Check who the developers are. If renowned developers work on the project, chances of the project being successful is high. If its someone who is working from his moms basement, the chance of him abandoning the project is extremely high. Most likely will end up scamming people who joined his ICO. |
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