I myself dont personally dont have much interest in the bitcoin ETF and I have also said several time that I dont see the SEC accepting the ETF because it will literally be a terms which some powerful people will use to control or manipulation crypto market. In the case of CBOE and CME we also see some people who use the advantage of it to causes market down trend.
I think from the very start they really don't have plans to approve it, there were applications already before this noise made by the WV twins but still rejected. And most of the applications last year were rejected too and now that they ask for feedback, still negative. With the delay and other reasons that SEC is coming up with the application of bitcoin ETF, we tend to lose interest to it. Now, most are coming up with that idea that we really don't need it. Absolutely. Just like what i think, This scenarios is the result because of the SEC itself, last year they keep to buy some time about Bitcoin ETF just to make it looks like bad, and of course most of people already boring with this kind of news this is not the first time that ethics has been rejected, because it was previously rejected. in my opinion there is also a big scenario behind it, but I'm sure they will be pushed and will accept it later |
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Kakaotalk maybe is the South Korean's biggest messaging application but I dont think it is one of the most popular app worldwide. As what I heard, they are going to have their own Blockchain network called Klatyn. I'm not really sure if it will be a success project but I think it will be more hype if the app that is going to integrate crypto wallet is Whatsapp which is the number one used messaging app all around the world.
hopefully all digital messaging applications can be integrated with crypto immediately. if we can easily use applications that can support crypto trading, the future of digital money can spread very quickly throughout the country. right, of course this will trigger other applications so as not to miss. of course we have a good impact with this news, with more and more people who understand bitcoin, increasing demand |
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Hi everyone! I'm trying to research and study as much I can, but i have problems in finding good books/articles/whatever that explain the principles of economics and trading, very important if u want to learn about coins in general. I searched in the forum but i didn't find anything like that (but a lot of other useful articles)...so can you help me? I would really appreciate a "newbie tutorial for economics/trading" if it exist  dont invest so much at the beginning. be sure that how much you want to invest in crypto market. and invest only 10 percent of this amount in the first a few month. invest the rest after you adapt. at least with only 10% you use means you have 10 times the chance, and that's not bad for beginners. with time, of course your intelligence will increase and you can choose your own path |
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the arrival of new coins means more companies are participating in making their own coins.
very good for crypto development the more people make coins the more new investors come to invest
right, the more rivals it means, only quality coins can survive. so that there will be healthy competition to market the product, and provide good service for its customers. besides that this makes an indication for the development of crypto |
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bitcoin is not only used to fund terrorists, but it can be used to buy illegal goods, this is the reason many oppose cryptocurrency and make asset prices on the market fall,
I hope the government doesn't think negatively about cryptocurrency,
but with the changing times I think cryptocurrency will be legal money in all countries, it only takes time.
it happened because of its anonymity. I think the government can prevent it by finding the right policy. in some countries this reason is often used not to legalize bitcoin, but I am sure in the future they will realize that crypto must be legalized |
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there are so many reasons that bitcoin has fallen, but there aren't many reasons that will make bitcoin rise again. if there is one, can you explain just one? I only know that bitcoin can be more valuable if you have an exchange value for products or services that are used everyday.
If there are a lot of ways to for Bitcoin to fall, I think there are also a lot of them to make the price increase. If you do not know, there are rumors about Satoshi Nakamoto holding a million Bitcoins. If Satoshi will be using that million Bitcoins, I guess he can manipulate the market into its increase and also its fall. Another one is that if the investors, whales bought a lot of bitcoin simultaneously, not really simultaneously but as long as they bought a lot of Bitcoin, it will be a pump. The problem here is that how will we be able to make that price stay at that height? Obviously, people will take that advantage to sell and that will push the price of Bitcoin down. Pumping the price is not a problem but we are investing in a volatile cryptocurrency, you should really be used to that by now. I think we as small fish have to seek protection to follow the whales away, so we get profit from this business. but the problem is we don't know the way they think. and that is what we must learn |
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I think a lot of these Bitcoin whales might be losing momentum now, because we only see the price going slightly above $4000 and then they take profits and the price goes down below $4000 again. <They are playing around within a $400 to $500 price range for their profits now> We also know that Bitcoin whales will decline over time as more coins are distributed from them and hoarded by more users. This process are slowly gaining momentum. <The $400 to $500 price increase is simply not enough incentive to tempt hoarders to start selling their coins again.>  Do you see this same pattern or am I imagining this? I think the ongoing bitcoin fluctuations are too small to be called the manipulated ones. In last one month, Bitoin price remained in the range of $3.7K to $4.2K. So with the range of $500, it's too risky to do any kind of shorting. No doubt most of the cryptocurrency market is manipulated by whales and bots but present scenario doesn't show that. Also by reading chart, it is hard to tell any kind of continuous pattern. So it is due to natural market movements and traders in large are buying/selling with increase/decrease in price thus nullifying any kind of huge surge or fall presently. right, knowing risk becomes very important so we can think logically. for now, I think it's a good start for bitcoin, because yesterday it broke the price of $ 4000, hopefully this is a sign of a good time to invest |
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Introduction is the most important thing to do to the community so that they can understand about cryptocurrency, because now our society still does not understand about cryptocurrency which makes them still confused
moreover, in my country it has not been approved for crypto use, of course there are still a few people who have crypto to transact, because for now they use it more as a means of investment or trading |
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The current state of the market can actually be described in two words: a "steady decline". Even some experts say that the same bitcoin could fall to 2500.
the decline in the price of Bitcoin at 2500 is the best price for those who can't afford 1 Btc, every time there is a positive and negative increase and decrease in the price of bitcoin for crypto traders, this risk has become commonplace in the eyes of crypto traders, and for future price estimates , I think there are still a lot of green candles coming back to the crypto market. and I think it's not too late to start now, because the green candle will continue to crawl (in my opinion), even though we don't know when the pump will occur. at least it gives a sense of security to invest |
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~
The easiest thing to do is just to hold, that's what normally do because if you play with the market now, you might loss as we have see it with the trend of pump and dump, and that is hard to predict since it's also manipulated. Knowing ourselves is the most important, if we think we don't have the skills to go against the market now, we should stick to long term hold, safer that way.
I agree, predicting the price movements for a short term is unfeasible task for the most of us, while it's not so hard to predict that in, say, 2-3 years from now the price will be much higher than it is today. That's why hodling is the best strategy for those who can afford it. Not everyone can afford it though. Sometimes we need money for our daily expenses, and we sell some crypto for fiat even though we know well that now is not the best time to do so. Anyway, we should try to sell as less as possible theses days, because actually anything below $10k is a good buy. Of course it is not easy to predict the price of bitcoin at the moment which is changing day by day but still we should try, I am sure price will pump up very soon. we are at good time because number o investor is increasing day by day and price will also increase for high demand as pump is so close to us. slowly but sure cryptocurrency demand rise.we could see this in total market cap that in few days ago rise alot.i am sure in near future all crypto price will rise, although only in small percentages. at least there is an increase, will give future hope for cryptocurrency. with the increase will certainly strengthen our psychology to keep holding assets owned, even buy more, so that we can double the assets owned later |
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I will invest my money in bitcoin because its more profitable than have invest your money on gold or real estate, by investing in bitcoin just wait when bitcoin raise up to higher price and we can sell all of it and get much profit.
but you also have to have another perspective, where investing in bitcoin has a greater risk than investing in gold or real estate. but if you already understand risk, it will be better |
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Is good to have a job and to do extra business to get extra money, and if possible do any kind of job if money comes and try become rich, even if fail at start try again and do another business until the dream come true.
indeed at the beginning, I lacked totality in bitcoin work, but after getting the results, it turned out to be extraordinary, even exceeding my salary as an employee. of course from here I put a lot of hope |
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Currency failure generally occurs due to the type of hyperinflation, and there is always the potential for technical failure, currency competition, political issues and so on. As the main basic rule, there is no currency that can be considered very safe from failure and difficult times. so is it possible that bitcoin can become worthless?
The answer is yes. Because of inflation and it's volatility, it has a higher chance to drop to zero value and be worthless. But because of the mass adoptation from crypto enthusiasts these chances of being worthless has been minimized. the adoptation of cryptocurrency can prevent the bitcoin to be worthless, in fact if people are continuously using cryptocurrency in different ways it will helps sustaining it worth, and even the bitcoin is on its 10 years of existence it is still on development,over the years it has a great changes and people are continuously using it. of course we can see the development from the very beginning until now, even though in 2018 there was a drastic decline, but bitcoin still has a significant increase, so I'm sure bitcoin will be worth it later |
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As you say Bitcoin is now down, but maybe not for the future and so on, lots of news and information now about the price of bitcoin, there are various positive and negative ones, what is important to me is a long-term opportunity for investment, hopefully bitcoin willcome.
We can check the market now - https://coinmarketcap.com/Bitcoin seems to be rising, for the past week, I don't see any significant downtrend from BTC, so most probably we will be seeing a good price increase for the rest of the year. It's just a slow increase but it has already been consistent, that's why I like with the market now. at least now we have seen resistance from the downtrend, so the green market is often seen. I hope this will be a hope that will soon be realized, namely the market jumps up |
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Bitcoin is exactly the opposite of what countries with a spiralling economy needed. Bitcoin is even more volatile than many hyperinflative currencies, it would be much easier if they just submitted their country to a foreign power for management, because obviously many of these countries cannot manage their own economy. Back to colonialism?
Well said. Bitcoin may have a slightly positive effect on the increase in the gross national product of the country, however, if the cryptocurrency will be used along with the national money of this state. Japan already has a positive experience. However, Bitcoin or another decentralized cryptocurrency will not be able to replace the national paper money of the states or be the main currency of any state. In this case, it very quickly unbalances the economy of any state. Japan may be more prosperous, if its people can move their crypton assets to property for example in 2017. that time was not only stable, but there was a significant development |
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Yes, at the moment it's very easy to get rich quickly, for example trading Cryptocurrency, with even a little capital can have the chance to get rich, so at this time working smart is a good thing to get rich.
life isn't as easy as you think friends. sometimes thinking about how to be rich is indeed quite easy, but doing it is difficult. even with hard work, sometimes it is difficult to materialize, especially in the world of trading. we don't know when we lose in that. having a good strategy will be a very good thing in this matter. I think working hard and working smart are needed to get rich. by combining these two things will bring our work more effectively and efficiently, so that aided prayer will bring us closer to a rich life |
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if for the lessons from the market last year until now there are a lot of things such as exercising great patience and practicing our emotions too, because if we can control both of these traits then many people get a loss from there profit
True, I realize that failure in the Crypto market is a valuable lesson for the future, because they all can train our level of intelligence to return to trading, so that we will be more thorough and always grateful. right, grateful to get what we have targeted. here can train us to be far from greed, because greed will lead us to poverty. indeed to regulate greed requires a different processing time for each person |
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I think in the modern life in many countries, people are ready for transformation but in the other region which still grow, I don't think they are ready because there are many things to build before they are ready to accept the transformation. But soon, after the growing country can solve the main problem in their country, then they will be ready, and they will allow the transformation although it's very difficult to convince the older people to follow to accept the new transformation.
Yes.Although we can say that we are ready for a cashless society but considering the people in the rural areas,it would be hard for them to drive along with this fast changing technology.Maybe if the government will create educational programs to raise awareness to the people on how cashless economy works,then it would be the time that we can conclude that we are now ready for a cashless economy. People will get adopted to it, but it takes some time period. We cannot experience a complete transition from the fiat usage to complete cashless access. When smartphones got into the market people weren't much used to it. Now every common men had got the knowledge to use it, in the similar way can expect change little by little. Maybe with the next generation it gets easier as everything has now come got its digital version. logically I judge your explanation, it really takes time to achieve all that. maybe until our next descendants. for now crypto is still in the process of showing its performance, so that it can be accepted by all countries |
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I constantly here people say " Only invest what you can afford to lose" Well no matter where your wealth is it could crash.
-Invest in USD- USA could collapse and experience mass inflation making your dollars nearly worthless
-Invest in Bonds- Government could collapse making your bonds worthless
-Invest in real estate- Housing prices could crash, natural disaster could hit and insurance company could go bankrupt
-Invest in metals- prices could crash, asteroid mining could collapse prices
Your money is never 100% safe no matter where it is invested.
hey man, you really can't expect more from an investment, every thing is already at your own risk, but if you have experience, it can be minimized. Real Estate is the most different thing, a disaster will only harm the price of the building but not the land price right, every investment has its own risks, including property, which in my opinion is the safest investment, but still has the risk as you mentioned. then from that know the risk first before investing |
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If cryptocurrency will be considered as a medium of exchange in the future, which I think is more likely to happen, then cryptocurrency will be really important in the world. As we know, people wants to live life conveniently and everyone wants everything to work fast and easy. Cryptocurrency is one of the best solution to it.
different from me, I think cash is still very much needed later, imagine if the internet channel is disrupted, is there no economic transaction at that time. of course both will side by side, complement each other |
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