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What do do?...Nothing.Just wait and HODL.That's what I'm going at the moment.
Just relax and stop watching the price movements.
In my previous posts,I had doubts that this price crash will be as brutal as the December 2013 price crash.
Maybe I was wrong,it will be a bloodbath for the noobs and traders,but I'm not frustrated.I just HODL.
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This is not a prediction,it's a wish.  I believe that Hayes wants really cheap bitcoins,most of the crypto whales want really cheap bitcoins,because the time for a big btc price pump is kinda over(no hype amongst the noobs,no enthusiasm),hence bigger profits from short positions and BTC futures trading. |
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I don't know why there's no much attention on Bank of America in this forum.Why do people care that much.
This bank isn't and it will never be bitcoin or crypto friendly.Nowadays,everything on the internet has to be mobile-friendly.The banks just follow the trend.That doesn't mean that they will adopt blockchain transactions.
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The blockchain network is strong,but I don't think that the number of bitcoin users increased during 2018.
The online merchants just refuse to accept bitcoin and they always have an excuse about it.Last year there was the huge price growth,this year-the bearish market and the fear of another big price crash.
However,nobody can give you the correct answer.
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there is no way for any of us to know because wise people don't share their financial matters with others. and anybody who advertises whet they did is surely lying.
my guess is that no they are not because these people believe in bitcoin more than anybody else. that is why they attempted to take over bitcoin and failed but created BCH instead. you can't expect such people to sell the most valuable possession they have...
They could sell their most valuable possesion for two reasons: 1.To fund their "crypto civil wars".Bying more mining equipment,listing their forked altcoins in exchanges,etc. 2.To crash bitcoin core,so they could buy again bitcoins at a price lower than 6K USD after a while,which means easy "bearish" profits. |
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Those penalties are way too low,for banks who operate with billions of dollars.I think that US government officials are involved into big money laundering schemes,but nobody can prove that,because nobody wants to "disappear". The bitcoin money laundering bubble is bursted long time ago and we shouldn't continue talking about it. |
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government are here for the US dollar. the federal reserve will save the economy when it's going downhill. while bitcoin, the government will try to destroy it. anything standing in the government's way. the government will spread false news. and propaganda. if bitcoin is backed by the US they see it crashing they will surely help bitcoin but that is not being done. bitcoin goes lower ur being manipulated. they are washing out investors. what u need is lots of bitcoin even when prices crash. the stronger ur bitcoins the stronger ur future. manipulated prices not from retail investors but higher power people. bitcoin is going to solve poverty in the future
I'm not manipulated by any government.OP,you should change your thread's title. Your theory is kinda confusing and all over the place.Maybe it's because of the bad english. Learn how to write in proper english and then post here. |
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Perhaps Theymos should create a new sub-forum called "Crypto Jokes"and we should put all those "predictions" there and laugh at those "experts" and "crypto gurus". The current sictuation in the crypto market is this: 1.BCH supporters and Bcash whales dump all their BTC. 2.BTC price goes down>all the altcoins just follow the bitcoin price,because they are useless anyway. 3.Panic selling everywhere... |
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Stable coins kinda remind me of fiat currencies back in the time,when they were backed by gold. I guess that the time of speculative pump&dump altcoins is over,and the "stable" coins are the new big scamming scheme to get money out of the ignorant crypto noobs. |
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https://cointelegraph.com/news/bitcoins-no-longer-boring-price-heading-towards-15k-say-bloomberg-analysts“Bitcoin’s no longer boring” declares Bloomberg, before stating that analysts predict the price could fall as low as the $1,500 point, a further 70 percent drop in the coin’s price.
Bloomberg cites hedge fund founder Travis Kling saying that he “didn’t sleep well” because of the potential turmoil in wider crypto markets due to the recent Bitcoin Cash hard fork:
“There’s a small chance that, it’s difficult to estimate, that something really bad could happen related to Bitcoin Cash that could then impact the entire crypto market.” Looks like the warnings of btc dropping down to $1000 is not so far fetched after all. Also looks like the analysts are blaming it all on the bcash war. Can the Miners survive a drop below $2000? Time will tell.  Great.I want something really bad to happen with BCH,the impact over the entire crypto market will be short term and it doesn't matter to me.I want BCH to disappear,and the 2 BCH forked altcoins to become totally useless and practically dead.Saying that bitcoin core will crash to 1500 USD,only because of BCH is a weird fantasy. |
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While some of us are aware that BItcoin suddenly took a huge dip from a stable $6400 to a shocking $5400 dip late this week. A total opposite of what had transpired last year of fourth quarter where bitcoin skyrocketted its value to almost $18000. Many are left wondering what is happening to bitcoin or will it be the end for the coinn what do you think about the current situation?
Yes,it is a total opposite.And so what?There's no guarantee that the bitcoin price has to follow the same pattern every year.I was expecting a big pump at the end of 2018,but know I think that it won't happen. Anyway,life goes on and we just HODL(or buy more bitcoins). This price decrease can't be compared with the December 2013 price crash,and yet there are people,who say "is this the end of bitcoin?"This is hillarious. |
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The main reason for the current crypto price decrease was explained about 100 times on this forum. We should move forward and stop making 100 threads asking the same "Why this happened?" question. By the way,even the Tether price goes down by 0,71%. Yeah,tether is a really stable coin.Haha... |
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How can the stock markets impact the crypto market? Is there any panic selling that starts inside the stock markets and moves into the cryptocurrency markets? I can't see such pattern.There only common thing between stocks and crypto markets are the trading bots. Perhaps this "coincidence" is caused by the bots/automated trading (executing lots of stop loss orders,for example). |
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Bitcoin would go somewhere between 100K and 1K USD in the next few years. This is my prediction and I'm pretty sure that it will become true.There's no other possible scenario for BTC. Dude,such threads aren't serious,even when it comes to the "Speculaltions" forum.Try to make some analysis.Don't just write "bitcoin will either 10K or 3K" because you just think so,or you have such feeling. |
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I would love to read about this, but I can't find any discussions / research on it. Has this topic been researched by anyone yet? I think there is a great potential in this field as countries are not consistent in their cryptocurrency definitions. I was wondering if anyone has some ideas or suggestions of what should be researched or could point me to some already done researches? Thanks!
Did you search in the "Legal" sub-forum,under "Bitcoin Discussions"? For me,tax optimization means that you are free to not pay any taxes for your cryptocurrency holdings. I think that only small island countries,like Malta, that are "tax heavens" have such tx policy about cryptocurrencies. |
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Since crypto apps are proliferating all over the place, is there any way to confirm that they are phishing-free? Many reports have confirmed that the Google playstore is very slow to take action against fake wallet-apps, to the great displeasure of those who use virtual coins...
Could this reduce the confidence in Bitcoin and other legit crypto-currencies?
Can you be more specific?Don't just say "some crypto apps".Mention some apps that you have doubts about. That's why Google Play has a review system.If some app is malicious,the users will leave negative reviews and I'm pretty sure that apps with a low review score just won't get many downloads. |
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According to The Independent, the price of bitcoin has hit its lowest point in more than a year after a long period of stability.
What's the cause behind the current dip? I am puzzled.
The 'long period of stability' isn't a period of stability,because the price kept moving between 6100 and 6700 USD,which is around +/-10% all the time and every day.Is this real price stability? I'm starting to believe that the current situation might be positive for 2 reasons: 1.Cheaper bitcoins to buy. 2.BCH will self-destruct with their stupid hard fork.Which means less competition for Bitcoin core. |
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So Bitcoin is designed so that the value of it will increase over time as opposite to traditional money in which the value of it will go down. But won't that make it more like gold instead of actual money?
By the prices of stuff going up in traditional money, it encourages keeping the goods and trading them, for example if someone owns a house that house's value won't just go down with time, it can go through time. But if goods were to keep getting lower in prices then it can as a result discourage buying them and trading. Which makes Bitcoin unusable as money. To keep your money safe of course you can store in a bank as they give you a small amount of interest.
Bitcoin has a limited supply and as time goes by and its popularity increases the prices can go higher and higher, making it less effective to be used as usual money. Imagine how would a shop keeper feel as their good will only decrease in price. And like traditional money which has banks Bitcoin doesn't offer much solution to this.
So even if bitcoin prices were to stabilize, wouldn't it be more like gold than a currency to use like traditional money? Gold is very similar in those terms to Bitcoin.
No,Bitcoin isn't "designed" for that.There's no guarantee that the bitcoin price will increase over time. The price of bitcoin depends of the market demand for btc,there's no guarantee that the demand will rise. The limited supply of BTC doesn't mean anything,because bitcoin can be divided into 1M satoshis. Just read Satoshi's original whitepaper and don't ask questions that are already asked 1000 times. |
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I am a Bitcoin Hodler,so I just hodl...
I don't care about the current bitcoin price.I'm waiting for 2020.
What btc transactions were you doing to execute?BTC/Altcoins or BTC/fiat?
All the crypto 'experts' say that this dump won't last long,but I don't think that we should trust them anymore.
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Just saw an analyst said that from tele. What do you think?
The hash battle may result in the final drop?
I don't trust such analysts anymore.You shouldn't trust them too.However,it's very possible that 5000 USD will be the new support level and the price might stay around that level for a long time.That's because nobody wants to buy large amounts of bitcoin,while the army of HODLers might decrease in quantity,because many people lose patience. |
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