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Some people would say there is no recovery or what are we recovering from?
We are dealing with a decentralised technology so the markets are wide open to high spikes
and low drops therefore we are always "recovering" from the previous market movement.
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Great news indeed. Listing on a proper recognised high profile exchange is always positive. I have also recognised from the start that dimcoin was a long term project, good to see developments happening. |
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Now this craziness is due to the fact that all people want to get rich quickly, I'm sure of it for sure. They all saw the pre-Christmas miracle leap of bitcoin and now every day pray for his repetition.
I agree, some people have experienced what bitcoin can deliver in december/january and others have just looked on in astonishment at the rise and the fall. There are others waiting on the side lines to jump in and hope they experience the next big movement. There are those who love to hate bitcoin also. So yes bitcoin is driving the world crazy. |
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And what will follow next is the question "is it too late to buy?"
FUD follows FOMO follows FUD
It can be difficult for new people to make a decision but if the
question is asked and experienced members reply with pretty
much the same advice it has to be followed.
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When there were lots and lots of question asking "is this the time to buy..."
i sincerely hope those asking the questions took the right advice and are
enjoying the markets now?
Dont get me wrong im not saying that the markets will continue to rise
without some form of corrections but if you are interested in making
some gains from earlier investment this is your time.
So did everyone take the advice when the markets had fallen and the
forum was full of negativity?
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I would speculate that back in 2008/2009 in bitcoins infancy there wasnt the same value
put on possessing bitcoin, we have heard before the story of people throwing out computers
with hundreds of bitcoins in wallets still on the harddrive - never to be retrieved.
Also I would speculate that a portion of that 25% can eventually be retrieved as they could
be considered "in long term storage" and so not showing any movenent whatsoever.
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And it will continue on its climb with some corrections along the way.
There is definitely more confidence in the market again and all in a very
short time frame.
Its also great to see less negative posts on the forum. The negativity
was like a cancer and was almost like something contagious.
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I think the recent negativity in the markets has been replaced by the ETF event to happen next month.
I also believe that any negative news until then will not have much effects and good news real or fake
will have a good effect.
I would even go so far as to say that even if ETF is rejected there will be an overall positive residue in
the markets which will continue to the year end
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Welcome to the forum.
I think you made a good start especially since you included some of the originals
like bitcoin, litecoin and ethereum and some solid projects with quite a following.
There are some who would say that long term holding is not necessarily the best
choice, rather better to trade on the movements of the markets. I like the long
term outlook so maybe a mixture of both?
Be careful at first if you want to trade the markets.
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Recorded last year there were too many hopefuls about the push and approval of ETF but it was rejected.
I don't want to get hurt if this didn't get approved again this year. News of adoptions are better than this like the sudden jump that drove bitcoin pushed to a sudden increase today.
Correct, there was a lot of talk, hype and speculation about last years ETF approval application and when it was rejected bitcoin still grew eventhough at the time some peoples hopes and dreams were crushed. The bitcoin will push up as we get closer to decision date but it could drop after either decision! "Buy the Rumor and Sell the News" |
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We saw last year that the second half of the year was the business end, personally i would
like to see a more healthy type of growth rather than a bull run where more people could get burned.
A more sustainable type of growth like using an analogy of a giant train stopping at lots of stations to
pick up passengers but nobody getting off!
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Yes Im surprised how peoeple still believe in forecasts like this.
Some people forecast things in order to get some fame or create a useless wave of discussions among the public. Well if we stay realistic, we are not going to get affected by these untrue predictions. We still need bitcoin to get legal in countless countries and still there is small portion of the world population who are aware of the miracles that can take place after investing into and supporting bitcoin. Well i would much prefer a useless wave of positive discussion than the same in a negative way. Of course its a prediction and the idea behind it could have an influence on bitcoins value in 2019. As the mining difficulty raises so too will the effeciency of mining rigs i believe. Regardless of all the predictions good or bad i believe 2019 will be better than '18 |
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As mentioned, bitcoin is a decentralised technology, no one person or group control it.
We need to consider and remind ourselves of this and that it is not like FIAT currencies,
the only backing it has is from its miners and users and as long as we all believe in its
technology it will continue.
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Name: aoluain
Rank: Sr.Member
Nexybit ID: aoluain
Nexybit Exclusive Bitcoin Address: 3CsHrEhQhUgeKiewmzgWcnr6RpCXVKULyP
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Payment for 27 June has been made
2f9ff1d26c29b35708bad0b3306f1912b17b6106e6b74235ca9911efe979c114
You may remove your signature guys until further notice
@angel55 denied
Thank you izanagi. I received my payment. I will keep the signature until you let us know if the campaign continues or not. Hope that's ok for you. I have also received payment as usual, thank you izanagi. I too will hold the signature. |
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I figure it to be valued much much higher in 10 years because of some very positive
and factual points like there will be 2 halvings in in the next 10 years and there will
be further adoption. The longer Bitcoin and legitimate crypto survive the harder it
will be to damage it with FUD and fake news which should result in fewer people
selling out.
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We also should consider that a lot of advice has been given to always hold on average
50% bitcoin and 50% alts, others have advised a 60/40 bitcoin/alt split, why is that?
Bitcoin is the one with most potential and most alts outside the old reliables like Dash,
Monero, Ethereum and Litecoin can be risky.
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Overall publicity is good for bitcoin and crypto.
Ok there will be those who never invest because of negative publicity but overall there will be more adoption.
I was here on this forum all through 2017 and with all the negative publicity and fake news stories about
bitcoin and crypto we are still here and bitcoin has not been killed.
ANY PUBLICITY IS GOOD PUBLICITY
because it piques more peoples interest and curiosity, where they otherwise may not have known about it.
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I hope that people recognize how wars, defense contracts, anti terrorism, healthcare reform and similar agendas are pushed to justify the deficit growing larger. The only way that we have a chance of saving our future is if people recognize those programs are negative and refuse to support them. Any big spending, trillion dollar, program pushed by the state is typically a terrible idea via default.
People will never learn. They are bainwashed to the core of their existence. If we look at how this problem has only become worse throughout the last decades, it's pretty certain to say that we in the forthcoming years will go through something way worse than this. Economically, we can only sink deeper; there is no way this is ever going to get solved, or even remotely reduced. The only escape is to hedge your way out. I am however glad that the majority of my wealth is locked in Bitcoin and that my 'support' for a system I heavily dislike has been reduced to the extreme minimum in the last years. Let Bitcoin fall harder, maybe that will boost me to convert 95% of my fiat wealth to Bitcoin. On one hand I wouldnt blame the individual, its banks and governments who want to lend funds to people who dont have much economic wealth. People are under pressure to provide for their families either with a home and or education for their children and neither are free and this means people have to borrow funds. Then on the other hand some people overstretch themselves to borrow funds to buy luxuries they cannot afford. In the end its the average Joe who will pay for all this debt and most likely the ones on the bottom rungs of the ladder. |
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The anonymous structure of the blockchain technology is a breeding ground for criminal activities life money laundering, drug trafficking?
I wouldnt agree with the statement. You make it sound like before blockchain there was no criminality. Criminals have always existed and blockchains have given them another tool to use in their trade just like cash and credit cards. This is something that the media in general has been pushing and creating FUD. Focusing on the criminality behind bitcoin and crypto. |
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