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Neither do I, let's be honest here, we all ready know how btc price operates from time to time, if you think this price dump was as a result of bakkt been lunch few days ago, then how would you attribute the price dump of $3k? Was that because of bakkt too or all the previous price dump,
the only thing I see is disappointment from those who where expect a price pump with the coming of bakkt but since that did not happen, it result to the blame game,
Who knows if bakkt was not lunched at this time btc will still dump in price and nothing to be blame.
Bakkt has become a kind of provocation. It seems to me that small traders who believed that the Bakkt will become a key point for the growth of Bitcoins have suffered. This is a very sad situation because so many people have lost money. |
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Now Bitcoin is the most necessary asset that sets the pace and pricing of the crypto market. Everyone trades, invests, exchanges thanks to Bitcoin. So 90% of domination is a real figure. No altcoin can change this at the moment.
But i see in this a positive point. Such domination eliminates weak altcoins, creating a stable top 10 coins on the market. What do you think about it?
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What do you think of this analysis? Everything until now (even the recent re-accumulation phase is just as planned). Can the push reach the new highs like 600k? The date says 25. May probably with libra effect included in the growth.  This chart is one of the options for the outcome of Bitcoin in the future. Unfortunately, it’s impossible to say for sure. Also Libra is under too much regulation, the project has a chance not to be launched due to the pressure around it |
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I think one of the causes is the effect of trade war between China and America
and also the global economy is weak
dollar trade wars been going on for decades, centuries even, weak economy been going on since 2008... come on atleast try a bit better and stay relevant to this year how about all those futures options that expired last year, people put into another yearly contract which they are now closing those contracts.(meaning something relevant to the last 12 months) how about all those hashrate chatter causing people to panic because its not supporting a good bottom floor value line support(2 month floor puts btc at a ~$7k cost to mine).. in short the $10k price was inflated/bubble and not 'good value' how about people now trying to register with brokers to use things like bakkt instead of buying direct thus less buyers and more sellers on the exchanges. anyways. if you want to stick to the decade view of causes, here is the best one. bitcoin has and will always be volatile like a stormy sea. with waves going up and down. dont expect a perpetual tidal wave growing constantly bigger and bigger. dont expect smooth sailing. always expect ups and downs All of these factors you said are true. Volatility is the main problem of Bitcoin, so it is okay to see such a fall in a short period of time. The trade war also slightly affected the fall of Bitcoin. But, i have one question: Is this Bitcoin`s drop critical or not? As for me, it seems like the end of the bull market and the beginning of the bear market and Bitcoin will not be able to recover and get undressed to at least 10k now. |
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The veteran investor of hedge fund, Mark Yusko has said that it is not the right time for sell and Bitcoin (BTC) is only showing a buy signal. Yusko gave this statement in an interview with CNBC on 27th September.Read More: TheCoinRepublic No one is forcing people to sell Bitcoins now. What for? You can be patient and wait out the bear market to get profit during the next bull rally. Now you need to wait for a full price reduction in order to buy Bitcoin at a bargain price |
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Is it good for us ? We are also being regulated by the government.. it might be good for some people but there is a huge discrimination and everyone can see that ..
The corruption , the biased , the policies killing off people and people making rich richer and poor poorer ..
Is it good ?
I think maybe for some countries , not for all .
When they are regulating they impose huge tax on the Bitcoins related things ..is it good ?
I think not
I totally agree with you! This creates an imbalance between rich and poor. Secondly, regulation is control, it is an approach to centralization from which we so want to get away. This is absolutely bad for us. |
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Lithuania is preparing new rules to govern cryptocurrency transactions, requiring businesses to prove the identity of clients, local daily news outlet Delfi reported on June 12. As part of its obligations to impose European Union anti-money laundering (AML) regulations, Lithuania’s finance ministry will seek to completely formalize crypto-based exchange operations. Parliament approved the move during a sitting on Wednesday, Delfi says, while a time frame remains uncertain for implementation. Once the rules come into effect, any transactions worth over €1,000 ($1,127) involving cryptocurrency — be it into or out of fiat or from one cryptocurrency to another — will face stringent reporting requirements. Exchanges or similar businesses will have to gather identity information about the buyer, while large operations over €15,000 ($16,919) will oblige them to inform Lithuania’s Financial Crime Investigation Service. https://cointelegraph.com/news/lithuania-to-regulate-cryptocurrency-exchange-sector-with-obligatory-id-checksIs it legal to require reporting from exchanges? Cryptocurrency users clearly would not like transaction control because it violates their privacy |
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Hey, it's Bitrawr. I've been following the Bitcoin ATM landscape for a while now and recently drew attention to the latest figures. The number of Bitcoin ATMs from September 2016 to September 2019 has increased by over 500%. As of now, there are currently 5,457 Bitcoin ATMs globally. I believe that this is indicative of the strong demand for anonymously transacting between fiat/bitcoin. https://twitter.com/bitrawr/status/1174682600834764803Demand is really huge. The spread of Bitcoin ATMs is direct evidence of their popularity and need. I especially expect an increase in the number of ATMs in countries with an economic crisis such as Argentina or Venezuela to better adapt people to Bitcoin. |
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Okay, that is something I didnt knew.
But how will you know if it is a minted one?
Do miners are the only ones who have this?
I mean, it will already be tainted once it joins the flow or be sold to an exchange right?
So regulars like me wont have the chance to have it unless I go directly to a miner? Which will be a problem coz I dont know even one.
Even if you find a miner, not everyone will want to satisfy your request. |
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I just read a news about German government adopting blockchain strategy, Will this have a huge impact on bitcoin and do you think other countries will follow
Next time do not forget to attach the source of the article. The adoption of the Blockchain does not necessarily imply the use of crypto. Crypto is a remote branch, blockchain works as a separate mechanism. You need to look at the development of this strategy, maybe Germany will make use of Bitcoin, but this is unlikely |
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According to this article, the Senate Bill 1025 will provide the blueprint on how to ban a cryptocurrency, and some think the ban will come all the way to bitcoin! It is a scary thought and even though nobody can completely ban bitcoin, they may just cripple the ramps to it. You know, make it illegal and close down all the exchanges and such. Don't get me wrong, I think Maduro can go to Dante's Hell. But banning Petro may open the way for banning other cryptocurrencies, eventually, or maybe even first, making its way to bitcoin.  No one can ban cryptocurrency completely. It’s like a ban on weapons or drugs, there are always ways to circumvent the law. Moreover, when it comes to Bitcoin, it is a necessary tool for so many people. So think more optimistic, I hope Trump does not do this or it will lead to problems |
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It's quite a sad time to be a bitcoin (cryptocurrency) enthusiast in Nigeria. While we're trying to spread the positive benefits of the currency across the country and Africa continent as a whole irrespective of the government showing negative signs towards the currency, we have recorded some set backs. Each time we take one step forward the bad eggs of the nation take advantage of the hype and leverage on the anonymousity of the currency. First it was the news of Nigerians using the currency to defraud foreigners, since it was easier and they can't be tracked easily. That development lead to a serious attack on account associated with bitcoin transaction irrespective of your source of income. Some accounts were reportedly frozen while others were blocked for some days (can't confirm this though since I wasn't affected directly).  Recently, the kidnappers are using it to stay anonymous and avoid been traced. The first time such incident was recorded on the continent was when some Kidnappers requested a random of $120,000 to be paid in bitcoin to release a 13yrs old teenager in South Africa.{ CNN reports} now the Nigerians (kidnappers) are buying into the idea of using the currency for their dirty operations. It worries me because what ever Nigerians are engaged in an activity be it good or bad they do it to the extend it becomes a trend which will definitely bring about more regulation and probably a ban on the usages or association with the cryptocurrencies in the country. The recent development [ Kidnappers free Abuja victim after ‘$15,000 ransom paid in bitcoin] will definite damage the image of the currency in the country and around the whole especially Africa, if it becomes a trend. What are the possible solution to avoid this trend becoming an easy way out for the kidnappers thereby spoiling the currency image. And what's your take on this issue. I always said that scammers spoil the image of Bitcoin. Incidents in Nigeria are likely to lead to crypto regulation throughout Africa. How to exclude fraud manipulations using Bitcoin? It is necessary to connect the government and solve this problem |
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Do you really believe that real Satoshi can act like Craig Wright? These people you are talking about were among the first in crypto, which is why they probably own a large amount of Bitcoin. But I am 99.9% sure that among them there is no real Satoshi |
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So okay, this story didn't happen to me. It happened to a friend (let's call him Bob) of a friend (I will call him Sam).
Bob came to me asking is this a scam and is it legal. Bob doesn't know much about bitcoins and crypto, Sam even less.
Sam somehow got in contact with people who offers to open an account and invest into crypto. These people guaranteed a lot of profit. Sam paid 500 EUR at first and other two times a 2000 EUR.
What is interesting, that these people calling him to invest more. But he has an app (I don't know what app, because I heard it from Bob and he doesn't know either) which shows that Sam has doubled his investment (9000 EUR), but he cannot withdraw it now and these people (from Russia) are calling and rushing him to invest even more.
Bob asked me about that, I said that this is some nonsense. There shouldn't be people calling you and asking to transfer money. All is too fishy.
What should Sam do? Will the police help?
Give a friend a slap, let him restart his brain. Most likely, a friend contacted a brokerage company that first helps to increase the investment but then he will lose the entire deposit. Better let him engage in trading and receive a profit trusting only himself. |
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First: Not your keys, not your bitcoin. This is not about coins you might have stored in 3rd party wallets or exchanges like Mt Gox or Quadriga.  This is about coins you really own, not about promises you will have some if it's gonna be sunny tomorrow. So lately I really got bored and growing a bit frustrated of all those articles with 10-20% of some 3rd world country population holding crypto, and one thing was like the last straw and made me start this topic, which some of you will really not like, I know it.  And the culprit was this : What can I say...lol? 16% of 57, let's say 45 million adults is 7 million. Let's just note this down. 7! But there is Turkey, ..20% out of 60 million adults, another 12. And we have also Brazil, Argentina, and Colombia with a 16% average that would be 250 million adults so 40 million more. 5 countries and we have reached 60 million so-called crypto users and owners If we cut altcoin since the article clams bitcoin is the most popular we have 40 million at least. So no EU, no US, no China-Japan-South Korea. Just by adding China and India we would go close to 150 million. On the other part, I don't have polls and interviews. I have something far more reliable than this, something in which we all put out trust, or at least we should. THE BLOCKCHAIN! And the blockchain tells us this:  20 million addresses with over 1$, 7 million with over 100$. Yet based on the article...the polls...the blogs...the...NO! The chain shows 450 million transactions since the first block to claim that 5% of the population or even 1% uses bitcoin is ridiculous. BUT! Somewhat like a conclusion, is it bad? No, I think it is great that we have reached such awareness levels and such price with so little actual usage. It might actually be the case of really aiming for the moon once we reach for real those numbers in the articles. The only bad thing is that people forget the main advantage of cryptos and more and more hold their coins on exchanges in order to be the first to sell high and buy low when there are ups and downs or just because of convenience. Probably before real mass adoption, I would love to see a real change of trend here. There is one great phrase that explains the crypto trend today. It sounds 'Money makes the world go round'. That's why people just hold coins to sell expensive and forget about the true purpose of cryptography. I am afraid that this trend will not kill the main mission of cryptography - freedom |
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It is time for a change!The crypto space is not very noob friendly: bitcoin and blockchain are complex daunting topics; cryptocurrencies themselves are not very user-friendly; and the cryptocurrency space has gathered a bad reputation for being filled with scams. A small mistake sending coins from your wallet can cause you to lose your money and ruin your experience. So, while everyone has heard about blockchain and bitcoin, people are not only unsure how to get started, they are also faced with these high barriers to entry. TokenTuber’s mission is to lower the barriers to entry to the cryptocurrency space so that mass adoption of cryptocurrencies can be achieved. On TokenTuber you can learn and educate yourself on everything you need within the crypto space. We will hold your hand and guide you on your journey in the crypto world. Not only that, you can also earn your first cryptocurrency and trade it with absolutely no cost. We are looking for "Global Partners" to make an impact and change the face of crypto space! If you want to became part of this great movement let us know in a reply below and we will get back to you immediately! Link to our Website: https://www.tokentuber.comLink to our whitepaper: https://www.tokentuber.com/wp-content/uploads/2019/09/TokenTuber-Whitepaper-v3.0-September-2019.pdf It seems to me that it is enough to have a desire and analyze the market to understand the crypto space. Moreover, there is the best forum ever called Bitcointalk where you can ask anything you want about crypto. However, it’s not bad that there are such services that will help newcomers to understand out crypto, however it costs money |
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I need an online wallet where they arent getting in my business, wanting to know where my money comes from, and just leaves me alone. Which wallet? Thanks
Wallet for what? Bitcoin? There is NO bitcoin online wallet for privacy... Why would you ever use 'online' wallet anyway? Learn more about wallets here, and use Electrum as starting point: https://bitcoin.org/en/choose-your-walletPeople with little crypto experience do not understand that online wallets have no privacy. But in turn, different online wallets make good advertising to attract users. I think it is a reason why so many people ask for advice on which wallet to choose |
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Among Bitcoin millionaires, there are many connoisseurs of art. This is what this artist is guided by. I support him, it’s called to be in a trend and understand that Bitcoin is worth selling art figures for it
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Barclays Bank tried to be in trend interacting with Coinbase however this led to failure. I think that any bank understands that with the development of crypto their centralized organizations will collapse in the near future
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Nobody can say with absolute certainty when this will happen but for as long as btc still exist, mass adoption will definately come, people will most likely use btc to transact, in the main time btc is taking one step at a time to achieve mass adoption, everyday we hear news of different company accepting btc, that's a sign of what will come in future.
I think the only thing that can pave way for mass adoption is when government approves the use of cryptocurrency generally which I know that in doing so, they will be specific on the coin that would really be supported, and when it comes to the most reliable coin that even government would always be in support of, it would be bitcoin. It is when bitcoin is being pronounced legal that we can see mass adoption, and that is why there is need for the government to really be encouraged about the use of cryptocurrency, but unfortunately, scammers are sending a wring signal to the government, and some of them rather than seeing bitcoin as a proposed global currency, they are seeing it as scam, but I know that their perspective view of it will change one day and they will see the true picture of bitcoin and what it is. I think that everyone understands that a full adoption and legalization of Bitcoin will never be never accepted among all countries. We can count on 50% of positive decision about BTC of all countries but 100% will never be |
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