They will not change the world, but largely thanks to them we are now holding the market afloat. Even if these guys begin to throw off their assets, we will get even more negative in price, although on the other hand - more grammous investors and traders will be able to make the purchase even lower from the current price. In any case - the main thing is to believe, and if a person believes and keeps an asset - we wish him all the best) Perhaps soon they will become very rich people and we will envy them a little)
Exactly if whales began selling their coins we will see a crash in the market immediately in fact we have seen many people worried just when they see the whales moving their coins, can you imagine the panic that will happen if a big whale began selling all his coins? This will crash the market immediately and right now that is the last thing we need. |
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The price is going down because of the recent regulations of countries regulating ICO and banning it's advertisement in social media platforms and google search engine. This might hurt the market prices for a short term but it will be beneficial in the long term. But on the bright side companies, countries and start ups are creating business related to crypto's.
Regulations had no effect on the price of bitcoin, the price went down because it needed to go down, it was impossible to maintain the price of 19k for long and people that did not understood that soon found themselves in a very difficult postilion to sell now and lose money or to have to hold their coins for long, and many decided to sell which made the price even lower, that is what it happened. |
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Tether.  It is at red now but still 1 USD. Without it actually there is none. All are red and I just dont want to look at it for now for I will just get disappointed. Although I know it will go back up there is still this feeling that it may take a long time. But emotions should not get over us. Let it be and the market will change its flow. Just wait for it. Tether is the perfect coin to hold during a bear market but once the bull market begins you need to hold bitcoin or altcoins or the amount of them that you can buy will go down as the price of them goes up while the value of Tether stays the same, but since I do not think the market is going to go down that much and there are even signs it could begin to recover then it is the time to hold something else other than tether. |
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Great news everywhere today and Bitcoin price goes vertically again!!!
Shotted from 6000$ range to 7500$ in few hours after Bloomberg announced that BlackRock is looking to invest in cryptocurrencies and Goldman Sachs will hire David Solomon, current president of the New-York headquartered multinational Lloyd Blankfein in October. This guy is crypto-friendly let's say and this is huge news because trillions will be pumped soon.
They will take their positions now when is still cheap. Be wise guys do the same what the big guys do!!! Take your positions the race is started, again.
Taking into consideration last weeks looks like the bullish market is ready to start. What do you think am I right?
This are definitely good news, I was wondering why the price went up so abruptly but if that is the reason then now I understand why this is happening, I have been saying to people to take advantage of the price when it was in the low 6000 and the high 5000 and people did not listen and it seems the opportunity to buy at those prices may never come again. |
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As we know we had a massive growth in late 2017 or early 2018 of BTC nearly 20 times from early 2017 this correction is normal. However BTC has always and always bounced back after there is correction. so i think this should not be the case to be afraid.
The price grew a little bit in the last 24 hours but it seems the price is going down once again but at least the fact that we were able to surpass the price of 7000 dollars is a good sign since we have been unable to surpass that price for some time, we will have to see if we are able to stay above that level or if on the contrary the price goes down again, but in any case I'm happy to see this small recovery. |
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In coin trading, you are your only enemy. There are no rules in this arena, only you facing you, and you are both winner and loser.
People may think that they are fighting with the market, other investors, or those scammers shark that always have their eyes on your money. In fact, you are fighting against yourself. You are the one who made the decision. You can decide yourself to lose or win, trust me.
As human nature, we all want to make a bunches and make it fast; too much temptation that incites us to gamble with our account.
In the end, only you can chase off the temptation to follow the plan.
I disagree this is not a philosophical fight where you are fighting yourself, you are competing against every other trader out there, if you buy a coin thinking you can earn money and that the charts indicate that, you must not forget that at the other side of the screen someone is thinking the opposite, he is selling his coins because he thinks the market is going to go down. |
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I think bounty are still alive the problem is that the number of people who participate in bounties have increase which is a very good thing as more people will get to know about crypto currencies
If the number of people claiming bounties goes up but the icos offering bounties does not then we got a market where the work of bounty hunters is not valued fairly and I think that is what happened especially with this bear market making people doubtful to invest and with the developers not sure to reveal their projects in this terrible market, this has made the number of icos to remain the same while the bounty hunters have multiplied many times. |
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How much more fall is possible in price of bitcoins?
The current situation in the market is good, the price of bitcoin is moving up. And the corrections in price are part of bitcoin volatility, we all know bitcoin will raise again like last year. No you are completely mistaken the price of bitcoin is not going to raise again like it did in the last year, the price will eventually recover but it is not going to happen any time soon, it is probably going to take a few years, we were able to finally overcome the price of 7000 dollars for each bitcoin but we still need to see if this is going to last or if the price is going to go down once again. |
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If it does become a long-term trusted store of value, BTC should trade around $2,000,000 a coin (depending on how many coins are lost and are actually in circulation). That is over 100x the price of where BTC is today.
Where do you get this figure from? Bitcoin has the basic characteristics of a store of value, the main one being a limited supply. It will need to have some utility for it to be trusted as a store of value so it must succeed in some form as a currency. Why does it need to have utility apart from its capacity to move wealth easily avoiding bank charges. If by utility it needs to be easy to buy a cup of coffee with it I disagree. Although it's egalitarian in nature, avoiding brokers, it isn't simple and it relies on faith. Faith that their money won't just go poof or that its value won't drop like a blimp with a hole where the naysayers are sucking out value making money betting against. It is not going to happen, future contacts are being used precisely to keep the price of bitcoin down in a very similar way in which future contracts are being used to keep down the price of gold and silver, the big advantage that we have over those markets is that many prefer future contracts for gold and silver since moving so much gold and silver is a problem but with bitcoin this is not the case, since we can move a huge mount of bitcoin to the other side of the world without any effort. |
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I won't see my coins unless there is emergency. I am in this Bitcoin game for long time.
You are going to be fine even if you are relatively new to the world of cryptocurrencies, you have the right attitude many people entered in this market thinking they will make a fortune very fast not understanding that the money does not appear from thin air, if they want to earn money then they need to be smarter than the majority and since they do not knew anything about cryptocurrencies they were the ones to lose their money in the recent crash. |
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Most bounty hunters and airdrop hunters usually loose their funds through hacks. They fill many forms not doing any checks on the project to know if its legit or not, in turn submit their details such as email addresses, private keys and some go as far as using their email passwords on phishing sites that collects and stores their data.
Please kindly do a background check on the projects you fill online and dont use same passwords for your email and your exchange where u keep your coins.
Final note always activate 2factor-authenticator
This is sad and I have seen many investors and bounty hunters lose their money that way, the hackers use mostly social engineering to deceive unsuspecting users about their intentions pretending to be the developers or a respected member of the community and then they get access to many wallets and steal everything from those users, we need to remember that if we lose our coins we are never going to recover them, so must take extreme care of them. 2FA is one of the defensive mechanism of your account, it can bee safer if you use that method, and always think that you are always vulnerable to hackers, you must a plan B in all your works, especially in your wallet, you must have your own security method i maintaining the stronghold of your wallet from hackers, hackers now a days are really smart and they can get your information in the web in an instant. 2FA is a great way to protect your coins but many people are too lazy to implement that solution and if you lose your coins because of laziness then you have no excuse, people need to understand that the market of cryptocurrencies is very dangerous, you do not know who is at the other side of the screen and while there are many good people here there are also many scammers trying to deceive you. |
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Bitcoin is still on its infant stage. The blockchain technology is still developing and is yet to reach its peak potential. People are still hesitating to adopt bitcoin and other crypto currency. On the other hand, the government hates bitcoin since they don't want us to have power over our own financial matters. So it might take some time before bitcoin becomes recognized as the global currency.
Some people are talking and saying that bitcoin has reached its maximum potential but those people do not know what they are taking about, bitcoin is still very young and only a few million people are using it, even if only 1% of the population adopted it in the next years that would still be enough to get a price between 50k or even 100k but for some reason some people do not see this. |
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if you want to be a good trader then must be willing to learn about trading and how to be able to get a safe profit because trading in the crypto currency have a high risk and needed a good strategy and knowledge
People need to concentrate on how not to lose when trading, this may seem weird at first but most people lose all their money when they trade after just a few months, if you trade and do not lose money at least you are way ahead of the rest of the traders that lost their money, then the only thing you need to do is to make less mistakes and to profit more from your winning trades and then you will become a trader that earns money. |
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To earn 5 times profit means you have to invest with 1/5 price. So buy ICO at the price of 1/5, it could happens sale 1/5 price in certain cases, for example market price again plummeted and some people do panic sales. But on the other hand you need to do in-depth research first before buying, because sometimes the price looks undervalued but most tokens will disappear. So invest in the right time, because the easiest way to earn money with ethereum is through investing in the right ICOS. The point is to be smart in the world of crypto, use your best analysis.
I have read that some people do that but it is extremely risky it is possible the coin is down because of the panic in the market but it is also possible the coin is so down because something happened and the developers are extremely delayed in delivering the project or there have been some issues with their credibility, in any case no matter the way you try, trying to earn 5 times your investment in the short term it is always going to be risky. |
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I know it's not easy to forget when if you lose a money especially when it is most of your money. But for me I'll try to move on I'll try to forget that even I know it's not easy and I look for another opportunities. Just hard working I can get back what I loss be positive and be patience.
This is why it is important to not get in the market until you are ready, losing a significant amount of money when you are trading can be extremely demoralizing to the point you never want to enter the market again and even if you overcome those feelings at the same time it is going to be very difficult to recover the money you lost as a newbie trader. |
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Since the beginning of the month in this year the dominance of bitcoin did experience a fairly large decline but a few days ago investors have started to enter the market and divert their investments into bitcoin so that bitcoin dominance began to rise again. I hope that the dominance will increase in order to boost the confidence of other investors and certainly help increase the price of bitcoin in the future.
The dominance of bitcoin is artificially low, the forks lowered that number and the huge amount of useless coins keep that number lower, in my opinion the real bitcoin dominance in this market is still above 50% probably closer to 60% or 70% but we are only going to see those numbers again when a big number of the useless icos disappear, something that is going to take a lot of time for what I can see. |
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How much more fall is possible in price of bitcoins?
We cannot just predict that, but what i know is it will recover soon. All we have to do is wait and be expectant and positive always in prayers. All the predictions about the price became false and the facts were against the predicted prices. You are also asking about the future predictions, therefore I can say that nobody is able to tell you what will happen in the future. But in my opinion the price will rise more and more and will reach to atleast $10000 in the coming days. No more fall in the price. We are having problems surpassing 7000 dollars per coin so bitcoin is not going to surpass 10000 in the coming days, there is the possibility we reach that price at the end of the year but even that is doubtful so it could be a good idea to moderate our enthusiasm for the price of bitcoin at least for the next months but that does not mean you need to stop your enthusiasm for the technology of bitcoin since those are two different things. |
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Honestly, many people seek cryptocurrency more because of its volatility. Whether they do it consciously or not, they wish to make large money quickly. This can happen only with a volatile market. Further, we find a lot of newbies even in this forum feeling bad that they lost money or they could not make money as value of BTC has not risen much especially with the expectations being high after the 2017 last quarter. Seeking such profits is not bad but before investing I feel there is a need to prioritize the needs that could be fulfilled with such an investment as BTC especially if you are looking to make money soon rather than keep BTC as a long term investment.
This very motivation and idea behind the investment will speak volumes on the reaction of the investors once the market is down. Strangely, many people do not sell when the market price is high and even when their purpose of investment will get fulfilled. They wait for the price to soar even higher. And if the value starts trickling down, they still hodl and wait for the price to move beyond the point where it had last peaked high. But again, when the market is in a steep downfall, instead of buying, many people will start panic selling and end up in loses. Many a time we find this even in the new threads and discussions even within our forum.
So what it is that makes you invest in crypto? Is it because it caught your fancy? Is it the volatility? Is it because there is a need to fulfil in your life? IS it because you are a day-trader? Or is it fun?
I invest here mostly because I think this will be the future of currencies, we do not know if bitcoin or another cryptocurrency will become that future or if it will be another concept similar to cryptocurrencies, but there is not turning back and that is why I invested in this market, as you may guess I am also looking for profits but that is not the only reason why I'm here. |
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i suggest to wait a little longer. Bitcoin will continue with its pump and dump pattern in the next couple of weeks and is expected to increase value as we approach quarter four. best time to invest is when it gets low in September. There are a lot of forecast that we are to face another big dip.
I do not see a point in waiting anymore, even if the price of bitcoin went down significantly the same is going to happen to altcoins so there is not going to be any kind of big profits you can take out of this movement, the only thing you could do if you are so sure that is going to happen, even if I do not think that is the case, is to cash out and then invest in altcoins. |
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I cannot see any reason why bitcoin would crash to zero, all news discard that option, even the ones creating FUD. It may fluctuate, even going below 5k (what I really doubt), but I am pretty sure that in the long term it can only go upwards. I will just HOLD in the long term a few of them if you can.
These are just the false news people are spreading around otherwise i also cannot see any reason which can make bitcoin price to sideline. i think that now the bitcoin price has started taking accelerator and therefore now it is expected that very soon bitcoin price will increase too much. People publish that kind of FUD all the time trying to make it seem like bitcoin is close to a huge crash or to a collapse not understanding the collapse already happened we went from 19k to 6k, that is a big enough crash but many people want to see bitcoin disappear because they want their favorite project to take its place but they do not realize that if bitcoin disappeared then most coins will disappear as well. |
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