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The price of the crypto currencies are not falling, it hasn't fall for a long time now. It has been around these levels for the past 4-5 months now, why do people keep think that we are in a bear market still shocks me to this day.
If we were in a bear market the price should have gone down, when was the last time bitcoin lost any value in the recent 4-5 months? We have seen 5.8k and we have never seen neither that nor anything lower ever again. If a price goes down to a point and doesn't go down any more for 5 months thats not bear market. Hence there is no problem with bitcoin right now, price is fine and the crypto world is fine.
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I think bitcoin has pass the point where it can be manipulated by whales. It has become a more mature market where the price is being formed by collective forces rather than individual ones. It will take much more coins than the number indicated in the article to move the price considerably by a couple of so called whales.
Even bitcoin can still be manipulated by whales and it has not really passed the point completely, but for now actually, it is still something that is gradually dying off as the market keeps maturing and many other players are beginning to step into the market, which is why whales are really making the altcoins a target at the moment. In the long run, I believe bitcoin will most definitely pass that stage when we start seeing the market big and a lot matured than now, but by then, I believe we would have stepped into the level of mainstream adoption and real life use to be able to see that become reality. |
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we know if a country experiences a natural disaster, the economy will be temporarily paralyzed. because of the many damaged road access and also damaged buildings which caused the economic collapse and of course that made the country's economy go down. my question is, does it have a big effect on crypto state? we know that there is no need for a way to go, and a wide place for incapacity. but when a disaster occurs, it is likely that the signal will be lost and difficult to access. and if the recovery process takes place long after the disaster, how is the condition of Kripro that might occur?
I will be very happy with your opinion
I don’t think earthquake can affect the economy of a country as a whole… no, I don’t think that’s possible. It can only affect the economy of that city where it occurred, why? Because they will start focusing more on reconstruction rather than development, so every money that is coming into that city will all go for that. And if you also had in mind that it will affect Bitcoin then you will be wrong cause that’s even the least that is ever going to happen. |
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I would prefer to keep my bitcoins like the Winklevoss brothers: print the private key on paper and cut it into several pieces. Then put the pieces in the cells of different banks throughout the country.
Sounds like a good way but quite funny. And one thing you also need to know is that you don’t have as much as Bitcoin as they have. So they can do that and you can’t do it. And by the way, they are billionaires and owns an amount of Bitcoin that is also worth billions of dollars or haven’t you heard the story? They bought $11 million worth of bitcoin in 2010 when it was being sold at $120. So those guys can do anything. |
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Now a days business and product is for all. Every country exchange their core product with other countries to meet theit demand. What you think Is cryptocurrency help to expand the world business?
Can you give a one reason why you think it would be beneficial for business more than the current system we are using? Bitcoin wasn’t meant and putting Bitcoin into your business will make things slow. I believe the purpose Bitcoin was made is to break the barrier we have in sending money overseas, it wasn’t meant to be used in ordinary buying and selling business. Okay it is quick… yea, but for international transactions, but not for local transactions, especially when there are other local means that are far much better than it. |
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When my portfolio has risen about 50% i take out 10%. (5% in euro wallet and 5% in new ICO's)
Everyone has their own strategy, some people prefers to use the strategy of taking out their whole money and starting anew, while others will prefer to be pyramiding into a winning trade or the taking the big profits and leaving the small loss. The first is what I use, I don’t waste in taking out all my money whenever I see that the market is up and I’m making a huge profit. For me that’s the best profit and that’s what works for me, you have your own decision to make. |
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I want to Learn by myself For This I need Some Tips and Some Good Ways.Should I Learn From Online Article Or Books?What should be the Way to Learn Well.What is The First thing I Have to do. Please Give me Your Suggesstion.It Will Be Great Help For me.
Learning online or offline doesn’t matter, what’ matters is learning at the right place. If there is a way for you learn trading perfectly offline then you can go for that, if you also see a place to learn it offline then go there and learn it. You can watch YouTube videos, some of them are really helpful for new traders. You can also search online (like Google) for articles about trading, they are free and some of them are not free, but I don’t think there is any need to pay since you’re likely to find every paid stuff for free, if you look at the right places. But if you think it will be right to pay for it, then go ahead. All you need is a good training so you can learn better. |
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Since the market slump in at the beginning of 2018, bounties have definitely been the same again and haven't been profitable like it used to be in the past. But bounties cannot die, as it's a veritable tool for publicizing an ICO. So bounties are still very much in play.
Market slumping is a general thing for the whole market and it does not in any way affect bounties as the case would be. This is a space that is growing every single day and the chances of seeing more ICOs popping up will always be there and we know generally how adverts can be quite expensive when going through the other channels which is one of the reasons why I believe campaigns will keep being a very great option when it comes to cheaper ways of putting the project out to possible investors. However, we can see the bounty space getting overly saturated anyway and the chances of getting something substantial from it as we move on may be a bit hard actually. |
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We all know this year is one of the worst year of crypto, market is dead and new investors are in fear to enter, My portfolio is 75% down as compare to January. How long this market will take time to recover?. I am stucked in holding.
I am stucked as well in holding no one can really determine how long it would take for the market to recover. Thats why i keep on waiting because i still believe that my investments will grow bigger in the future. For me i can't say what is the exact year to recovered. Because it is hard to predict, even predictors can't predict the future. But this is for sure as long as they have a users, supporters and investor, crypto will alive. It has taken long to recover its highest price again and we are also waiting for a sudden increase because it will finalize our profit for which we were looking. Now, investors will hold it for some more time so as to make sure they can get their profits otherwise it is a clear loss for those who invested around 10k dollar only if they sell right now. It will increase once again we do not know exactly due to its unstable price movement but it will recover itself just like its recoveries in the past |
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To be honest, there is a lot of fake news as well what has been made just to drive the price into one or other direction, so you can use only very reliable sources like Bloomberg if you want to, but I will suggest better follow technical analytic data.
The data available of course is the only reliable stuff to rely on for it put aside all the fake news and opinions by those who want to disturb the market. Besides Bloomberg, there are few other sources as well that gives you the exact figures. Ultimately everything boils down to the term of trade as well. Despite every formula that can lead you in the right direction to make money, invest long term and forget about it. A period of five years it enough to make you a millionaire. |
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your advice is good
I think for people who already have a permanent job in the real world it is better to make Cryptocurrency a side income,
and I'm sure for those who haven't got a job in the real world then Cryptocurrency is an excellent alternative to earning income, I'm grateful for the birth of this Cryptocurrency to open new jobs for anyone
This is one of my favorite topics to talk on. I believe that one should have solid sources of earning before fully devoting their time to crypto business. Like you have some property that gives you a constant flow of monthly income without any work. In the same way, you can have your money invested to provide services that pays you daily income. Once you are good enough and can rely on this flow of income, you are good to invest time in cryptocurrency and make money regardless of the time it takes sometime. |
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Hi everyone
I'm pretty new to all of this and thinking about buying some bitcoin.
I have some concerns about the world economy influence on bitcoin.
For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?
do you think Bitcoin is strong enough at this point to be self-sustaining?
thanks for the help
Bitcoin is sufficient enough to handle its own obligations,but if you are only concerns abiut US restrictions then we don’t care about that because we’re from other region and US restrictions wont affect our locations But you being US citizens then be ready about his because this is a serious concern Only US citizens will face with this because other than US almost all the countries have convenience of Bitcoin to their people. Restrictions will do nothing but may be some investors left this as it is decentralized so there is no right of everyone to make some restrictions. If government cares about other issues related to the Bitcoin then they should solve those issues rather than restricting things here. There is no trouble for governments of countries where the Bitcoin is legal but they can get the benefit of it too as we have clear example of Germany. They accepted the crypto coins and now they made rapid actions towards it by making it common as payment mode besides which banks are paying their loans through the Bitcoin so these are the ways through which government can boost economy. |
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More than anything. Crypto currency's weakness as a means of exchanging goods and services is its volatility. A volatile currency won't be adopted by merchants in their businesses. But tthe same volatility is the advantage of crypto currency as an investment. I just hope it becomes stable soon so we can see adoption.
Volatility is not a weakness because in this way the price can grow even more depending on the supply and demand so we can expect higher prices in the future since the statistics in the market is increasing in a fibbonacci sequence. It can be consider as online banks or the place where we can store our money. Maybe in future when the price stop increasing and become stable not only people but government also accept it as currency and use it in our daily basis. Bitcoin is a digital currency and is always acting as currency which can be used for different purposes both as an investment source and payment mode. If you have Bitcoin right now then look at its market value and then tell others that you have precious coins though stored in digital form but works well than anything. Now, German banks are using it as loan payment so the cloud is growing and expanding with the passage of time. |
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In my opinion. we must be able to control between supply and demand. and we must be able to limit the maximum amount of supply of a coin in the trade market. so that the number of coins will not be added again and has a limited amount. so that the coin can have a stable and controlled price.
Stability will increase only with increase in market support and if people start learning to hold for big profit as much this focus increases as a result the stability will increase. Furthermore, volatility of market price has increased and this will decrease and possible only if the number of market participants increases. Conversely, if users sell it in form of loss or in the form of small profit then these things will totally enhance instability much more. |
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before I really focus on cryptocurrency, I focus on precious stones and gold, predicting gold is very easy, just by observing politics or the level of purchasing power, then you can ensure the market... but predicting the cryptocurrency market is very difficult, without reference, really affected by purchases/sales, very fast and drastic price changes, so I think just by looking at the conditions of buying and selling in the market, we can predict a bit about where the market will be, whether to crash or rise...
The future is very clear and it is good you are looking for a trusted store where you can invest your money for you are to make some money besides all these things you should wholly focus and start worrying about yourself rather worrying about world class currency of high potential and value. I do not want to predict the future and there is no need to predict the future because we have seen it and observed it many times in the past so, if you have any confusion about this source then simply read its past. |
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I can see AML BitCoin as the next bitcoin in the near future. The value of the AML Bitcoin is not determined by any government. Therefore, if any economic or financial instability occurs, AML Bitcoin users are not affected.
Yeah, there are many opinions about bitcoin. They said it will last long because it is already part of our modern generation. They said also that it will not last because it is not a fiat. But for me i think it will last. It is all about different mentalities of people who perceive situations differently, some desires for one source and some for other besides which there are some people as well who have a grasp over best crypto coins and have big investments. In point of view, one can get huge returns irrespective of whatever coins it is but possible only if trader is enriched with the knowledge of things happen in market that will enable him to have a grasp over it as a result profit will be right there. |
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I think you can wait for ETF approval. If it will be rejected, the last chance to buy will come. but if will be approved, then you can buy with 2x price from now. Your choice.
When will be the etf approval comes? it keeps on delaying and much better if you will invest base on whats your assessment on bitcoin and don't depend only with the ETF hype. And right now its a better time to buy bitcoin, do you think that when you buy bitcoin after the approval you'll get cheaper bitcoin? No. Bitcoin by that time will surge in price and you'll doubt again by that time because your mindset will fight on how its expensive it is by that time. As far as I recall ETF has moved again till December, logically right why buy when the approval already happen for sure the mass buying will occur, invest now and wait till the bull run showed back your investment will bring a lots profits when the time comes. Those who have bought a month ago are now in profit and can simply sell right now but we have been observing a stable price between 6 and 7k figure so it does not matter if has bought one month ago or two month ago, the profit will be small if someone sell right now. I will advice to abstain yourself from sell out your coins, for maximum product you need to wait to let the price increase that will result in a productive investment. |
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I think I'll stick to the classic Ethereum. I know it may be not doing great right now but it is still a coin i see more potential than BTC. The suggestions here are great, but for what i can see, a coin that is used often gets to be a stabler coin than a coin that's bein kept inside a vault never to see the light of day.
There is no doubt in claiming that ETH is the best coin and might have great features than Bitcoin has but i think that it will not be able to give a tough time to Bitcoin. The reason is than that even if there is a rise in the value of ETH, the rise in the price of Bitcoin will be much more than that of ETH. This is one reason it cannot beat Bitcoin even in future for ultimately the market decides on the basis of demand in addition to the exogenous factors involved. Besides, the ratio of profit in Bitcoin is the only point of attraction for the people and more and more people are switching to this technology than ETH. This is my motivation to prefer Bitcoin over the rest of the coins. |
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Malta PM at UN General Assembly: Crypto is the Inevitable Future of MoneyAt the UN General Assembly, Malta Prime Minister Joseph Muscat stated that blockchain technology will allow crypto to inevitably become the future of money. He stated: “I passionately believe technology revolutionizes and improves systems. This is why in Malta, we have launched ourselves as the blockchain island. By being the first jurisdiction worldwide to regulate this new technology that previously existed in a legal vacuum. Blockchain makes cryptocurrencies inevitable future of money. More transparent it helps filter good business from bad business.” Prime Minister Muscat emphasized that recognizing the potential of the blockchain, Malta has openly embraced the crypto market and businesses within it, leading the global cryptocurrency sector with favorable regulations and practical policies. https://www.ccn.com/malta-pm-at-un-general-assembly-crypto-is-the-inevitable-future-of-money/ Not very surprised that the PM of Malta would say this, knowing the position they have played highly in the adoption of cryptocurrency and looking at the way they quickly embraced the idea of binance being situated in Malta. I guess they already recognized this potential right from the onset and believe it would bring about some pretty good changes to their country and this is something I believe all other countries will definitely adopt in the long run, after seeing the way things could end up for each country that are quick to adoption. |
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Personally I don't afraid to HODL any asset, especially Bitcoin till the end of this year. But I think this will not be profitable. So it is better to save investments in fiat money and try to scalp among this great waves of prices.
This is actually for those who have already invested in the Bitcoin. Majority of them have already sold the coins, and this hit me like a surprise that in addition to the rise in the volume of the crypto in the same time. Having said that, I would not fear holding my coins till the end of the next year and even till the nest year for I know that this market will rise and is going to give us a future cryptocurrency that would be used widely and internationally. |
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