I have read many conspiracy theories and watched so many videos on YouTube that says Bitcoin is created by so called 'elites' and illuminaties are behind this.
I have always rejected them as someone's figment if imagination.
Recently I read thisRothschild Invest $60 Million into Crypto
I am also aware that Rothschild family is associated with illuminaties,that made me believe some of theories that BTC is actually created and promotes by illuminaties to achieve their goal of creating new world order.
There are rumors that bitcoin will be the single currency that will be used as the new world order arises. Considering how wealthy and how big the organization of Illuminaties are and they are said to be connected to demons wherein as they make contract as they sell their soul, they will be granted with the power to conquer the world in any means like in wealth, fame and influence. We should not be surprised if one day they will be exposed as they announce their plans for the world and the use of bitcoin for everyone in every countries. |
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Considering the large amount of money being transacted under the deep web, cryptocurrencies will be used more likely to provide sufficiency and ease of transactions. Also, the anonymosity the criminals will have can save them from being caught. It was quite evident that bitcoin was really famous in the deep web wherein it is being used as payment by the VIPs to avail services or items that are illegal on the surface web. It seems quite normal that crypto is much tolerated knowing that even itself is not yet legalized in the world.
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It might look unfortunate for some but many will surely take advantage of the current dump. The occurence of having Elon Musk removing bitcoin on Tesla made a huge impact on bitcoin's price hence bitcoin will surely be able to come back on having a high value soon. Bitcoin has been able to recover each time it experiences a crisis so in no time, bitcoin will be able to return strong once again. That's just a little incident compared to what bitcoin has faced over the year that's why we should not put our hopes down and take advantage of the lowering value of bitcoin so we can benefit once it rises up once again.
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A sudden price drop in the crypto markets along with the deepening points loss in the dow jones point to a a slow and steady downward trend as of late. Is the bull run of 2021 over? Are these the marks of the beginning of something much worse to come? A major recession, a new crypto winter? What could possibly be next? Any comments and thoughts are more than welcome.
The price drop that occured is definitely correlated to Elon Musk's removing of bitcoin as a mode of payment in Tesla. He has a huge influence to investors considering that he is a billionaire that's why the price of bitcoin was hardly affected by his decision. He is currently supporting dogecoin and no one knows yet what is his plan with it. So far, bitcoin's price has finally recovered and at almost $50k once again. Bitcoin is a strong currency that's why we should never give up on whenever it experiences a struggle, just like what it always does, it will soon recover and exceed more ATH in the future. |
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For the long year that I've known and used bitcoin, I solely use it only for investment alone. Even though I made a mistake once when the 2018 dump occured, I sold most of bitcoin in fear of losing more of it as the dump continues. Now, bitcoin was able to achieve an ATH of $60k and regrets come forth for me as I witness it. It is really important that you have the courage to hold your bitcoin as long as you can in order for you to benefit from it as its value goes higher and higher. As I've been given opportunity to invest once again in bitcoin, I will not waste it and will not let the happenings within it affect my holding.
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I think everyone can make their predictions freely and based on their observation, no one would ever want to pay someone just to recieve a shallow guess on what's happening in the future. In terms of what is going to the economy in different countries, the pandemic will surely give off a huge payback in the future as third world countries end up borrowing money from the world bank to survive the current crisis. For wealthy countries, they will surely benefit as they handle economy well and proper and as they get as many vaccines as they want to end the crisis within their country.
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Regardless of how much doubt ever since the 2018 dump Ethereum has recieved, many people are surprised on what is happening with it right now. Its value is continuously increasing at the moment and there are lot of price prediction going on. The probability that Ethereum will achieve many new ATHs is very high considering that bitcoin's price movement is going up too. Maybe before the year ends, we will see Ethereum reaching atleast $5k price so we should set our investments ready for that or start investing while it hasn't happened yet.
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I see some crazy numbers being thrown around, one is an Ethereum coin going to 100k in 2030. How can you tell if a price prediction is too high in relation to market cap? Some people say some coins cannot hit a certain market cap. How can you tell if a market cap value is too much for a certain coin? I understand that there are coins where there are great number of circulating supply, but why can't they reach trillions in market cap?
The price movement of Ethereum is as unpredictable as bitcoin. Over the years, ethereum managed to stay the closest to bitcoin so there's a high probability that if bitcoin's value were to reach a very high value at 2030, Ethereum might get that $100k prediction you are giving. We never know how high bitcoin might get on the next few years or it may also get low if we get unfortunate. Nevertheless, bitcoin and ethereum's capability of reaching a high value is very high next few yours so we should manage our investments on it and prepare on the wonderful future it offers. |
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It would be best if you are going to take loan in the form of USDT since it value is never changing, this will help you later on as you make ways on how you can repay the loan. If you are going take a loan in the form of bitcoin, considering how much it has been growing, you will surely have a hard time paying it in the end if ever it value goes to the moon. There's nothing wrong with taking loans as long as you have everything planned on how you can win on that risk you are taking. There are still more options and you should consider those too before finally taking up a loan.
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The altcoin season already starts this year as we see many altcoins can increase and lift the price. Some altcoins can double their price and make a new ATH, but the other altcoins need more time to start. The altcoin season is not yet to end and will still increase this year, while bitcoin price can still increase later. But we can not expect the altcoin price can increase in a short time and we will see a fluctuation of the price from all of the altcoins.
Even though many fail to notice that altcoin season has already started, many people are still focusing a lot on investing on it regardless of having no idea what's going on at the moment. As bitcoin's value continually increases, there's a high probability that altcoins will also follow on its lead. Many said that altcoin season started last May but little do we know, it have already started way earlier than we noticed. Regardless how much altcoins are growing nowadays, we should not let our guard down by failing to notice the price changes so we should always watch out for the changes that are happening within the market. |
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No matter how tough your chosen way of making profits in crypto is, never ever quit. It is better to take on the risk than to fear all your life that you might just end up with nothing. There are a lot of people who doesn't have the opportunity we have, just imagine that. Not everyone is blessed with the chance of knowing crypto and knowing ways on how to make money in crypto. If you ever have the urge of quitting, always remember why you even started. To avoid having such thoughts, try looking at the brighter side on every investment and trading you make, just make sure that you carefully analyzed each of it.
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In a word, when the epidemic is still exist, the bull will still exist.
The pandemic might have been one of the cause why bitcoin is still on bull run but there are a lot more factors that keeps it on going bull. I think even when the epidemic ends this year, bitcoin will still be able to increase even though the value keeps on corrections every time. It's a good thing that we were able to escape the dump that occured last 2018 and we are now seeing a lot of new ATHs for bitcoin. There's a high probability that up until 2022, bitcoin will still be on a bull run, it might even reach a $100k ATH that time so let us keep our hopes high on bitcoin and keep on investing. |
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I think it would be best that you put into undervalued coins that has potential. Dogecoin might be considered but I am not really familiar on how things are going on with that coin. Try exploring the market and try reading some news that exposes undervalued coins that are close into rising. Make up a portfolio and put there some of your chosen coins, observe the price movement and if you saw one or two that has potential, gamble on it already. Just be aware of the risk once you enter, there will always be a possibility that its value will fall so watch out the market price changes.
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Yes, it does have an influence on the price.... because people follow the celebrities comments like sheep! How many people will buy the same clothing, even if it is very over priced.. when they see their favorite celebrity or Sport star wearing that clothing? The same thing happens when they say something on Social media and the impact depends on how many followers they have. Elon Musk was a pioneer in the "Payment system" scene ..back in the day before PayPal, so he should know what he is talking about. (Anyone else without the previous experience of payment systems, should not have such a big influence... but unfortunately they do)  Those are one of the problem that we face nowadays, just because some certain huge individual mentions that a coin is a good one, they will follow them right away. That's what happened with Dogecoin wherein as Elon Musk kept on advertising it on twitter, the value of the coin went high and many started expecting that it will reach $5k on the next 5 years. There's nothing wrong with that actually but sometimes we are being blinded or given false hope that often leads us to falling into their traps. |
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We saw the past from $10 to 60k is going up and up. So it sure it will reach $500k next destination.
But why the hell people panic sell now after it reach this high amount?
Do people really still think it goes to 0?
There soulnd't be any sale presure given the history that we see Bitcoin only going up in value
Seeing bitcoin reaching $500k is so far from happening no matter how bullish it is right now. People panic sell because they are afraid that the same thing will happen once again just like what occured at the 2018 dump. Sometimes, they also panic sell because they have a certain target price and if they see it going down more continuously and is quite threatening already, they will sell their holdings in hopes of saving their money. It quite make sense that people shouldn't sell because bitcoin is on its way up no matter how many dumps occurs but still, people are trying to outsmart the process that's why. |
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The domination of bitcoin in the cryptocurrency market is loosening as investors are seeking to invest in other smaller cryptocurrencies. A large pool of investors is going towards ethereum as it hit 3k yesterday and many are projecting it to hit 10k before the year runs out.
BTC is undoubtedly the hottest cryptocurrency in the world and its market remains strong. But many still want other options and are going for the smaller coins as there are some with very good projections in the near future
I highly doubt that bitcoin's dominance in the crypto market is loosening because even though most of investors are eyeing other small coins, they still put most of their investment in bitcoin. Indeed they are diversifying but on the other hand, they are well aware of how much higher bitcoin can go after witnessing it achieve consecutive ATHs. It will remain on the top till the end regardless of how many new altcoins would appear, they can never replace bitcoin's throne. People have learned a lot after seeing bitcoin recover from the massive dump last 2018 so they will surely pay attention on bitcoin still no matter what. |
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The existence of bitcoin aids humanity in many ways but it most likely give everyone the freedom from being under the control of the government. As we can remember, bitcoin is a decentralized currency, not only it is not under the government but it is also an effective and plausible way to escape poverty if ever you become successful with your investments on it. It freed us from the taxes that are mostly being pocketed by corrupt politicians and their opression on how we should earn and make money. Nevertheless, it will still depend on you on how will bitcoin function in your life.
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One of the key points you need to learn in crypto that is very essential is patience, but first you should start making yourself more knowledgeable about different concept before you apply that in your journey here, I would suggest that you explore as much as you want in the forum and take a look at some questions that you have in mind that is also being asked by other crypto users. You can also try reading some news about crypto and find some worthy experts whom you can rely on so that you can stay updated on the happenings in the crypto world.
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Just imagine if the pizza owner or the reciever of that amount of bitcoin kept on holding up until now, that's a lot of money much more than we can fathom. See how interesting bitcoin has become, from having a $30 value, after a decade it was able to reach $20k+. If only people back in the days knew bitcoin would be this big, we'll see plenty of people holding their bitcoin. Even I, I will definitely make sure to buy a lot of bitcoin and hold even for a decade just to experience the wealth I have always been dreaming of. But it's not really too late, we can still make it happen but not as easy as it is before.
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Worried about missing out on valuable moments to profit from short-term trades in easily-pumped altcoins.
Many people say short-term trading is too time-consuming, and it turns out to be true
How to deal with a situation like this, can you guys give me suggestions and input?
There's nothing wrong with taking rest after a long while of observing the market. You need it so that you can function well and it increases your awareness with the changes that happens in the market. You can also try getting help from your friends who might be awake while you are resting and have them tell you if there are some short drops and margins. Short-time trading is really time consuming, you need to always keep an eye at the market price change but still your health should be prioritized than your income or else you might end up using your earning for medications or hospitalization. |
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