India is the very low contributor for crypto currency in terms of investment . You can check there is no major revolution happened in India using blockchain technology not even a single reputed crypto exchange. Even investment for crypto currencies is very less. More over apart from ponzy scheme not even a single valid blockchain preoject happened in India. Even market doesn’t effect till now because of Indian fud
This is not true because a lot of people have invested in Bitcoin, so there might be some influence. But that's not the worst part, spreading rumors is what is affecting the crypto world. Take India itself for example, people misunderstood the statement of rights totally and thought that bitcoin has totally been banned whereas the real scenario was that rbi had issued a warning that banks can't deal with crypto users or corporations. For me it really created a lot of panic for newbie traders are they see India as big market for crypto. However, when everything has settled down they will understand that this is just pure FUD to sway most of them. Its a totally misunderstood statement and the media just put some spin on the article for clickbait. Now after the dust have been settled, bitcoin jumped from $6500 - $7K as of the moment. So if there is a effect, it will be only temporary just like other FUD in the past. |
|
|
|
hi guys good morning , way back on 2016 i dont' know what is bitcoin , i don't know that there is such thing virtual money like this and for the past years since bitcoin created , I didn't know that it's running for 10 years untill now , I read bitcoin on "DEEPWEB" , at first i didn't believe it but i do a lot of research after I read it and its really real , I'm so curios how this things work and if I can change my life with this bitcoin stuff. I put a risk on my 100$ money , and i can't believe in my own eyes that this is crazy and you can earn money without doing anything. and now , im earning using bitcoin. it change my life a little bit, with bitcoin I can feel the freedom.HAAHAHAHA
I'm sorry but you have a wrong mindset at the very beginning. Do you have a stable job? If not then you are looking at bitcoin or crypto for that matter as your means to survive that's why you says "Bitcoin is Life". However, what happens when bitcoin is not that performing well? Where are you going to get money to put foods in the table for your family. Yes, bitcoin is a good investment for long term, but I will not agree that you will have to totally depend your life on it. Get a regular 8-5 job and think bitcoin as investment or just a sideline job. |
|
|
|
|
Bitcointalk Username: Yaunfitda
Rank: Senior Member
Current Post Count: 563
BTC Address: 1CaBDSUQHzi2HKTy88UVgwWJegvnKZRWWT
ETH Address: 0x450c702cF1b5b19587058C1bEf277bf18188CB0f
Wearing Avatar and Personal Message: Yes
|
|
|
|
|
Btctalk name: Yaunfitda
Rank: Senior Member
Current post count: 563
BTC Address: 1CaBDSUQHzi2HKTy88UVgwWJegvnKZRWWT
Wear appropriate signature: Yes
Wear avatar: Yes
|
|
|
|
Have you never heard of a segwit address? That's the format they take when using electrum (bech32). I'm guessing you tried to pay from blockchain.info? They have issued sending to bc1 addresses for some reason. Please send my payment to: 3CR39GitmQvqGxNGEWD7NiSq4eNvkCUvPC Yes all my payments are sent using an old version of Electrum, I will wait for "Yaunfitda" to send his address to solve this. Here is my legacy address (non-Segwit). 1CaBDSUQHzi2HKTy88UVgwWJegvnKZRWWT |
|
|
|
|
They are targeting scam ICO's and not bitcoin per se, so their moved is not attacking bitcoin or the whole crypto. They just wanted to weed out those project whose intention is to really take away from money of unsuspecting victims. So they joined, other social media giants such as Facebook and Google to at least 'cleanse' the system.
As for the effect, hard to say but if there will be an one, it will be temporary as we have seen when Facebook bans crypto ads, the market still flourished and we continue with our daily lives. It just put some pressure but it doesn't have enough weight to pull the price to significant levels, in my opinion.
|
|
|
|
|
What do you expect? The market is falling that's why user based has dropped of as well. I'm sure that when the market goes up again, those users will be back in the crypto and we are back as usual. So I'm not surprised at all. The market has fallen more than 50% from its peaked in December-January.
And you can see that it has correlation to the reported overall number of visit. I would be surprised if we are making a bull run but the number of visit is dwindling. hahahha. Another garbage news though, what kind of research are we going to expect in the next couple of months?
|
|
|
|
When the market down, your account is reduced to 2-3 times. what will you do? You still hold to die or sell to catch the bottom deeper? Please give me advice. Thank you.
I kicked myself. hehehe. Kidding aside, I don't want to cut my losses so I just hold on it as long as I can. Well that's for the top coins in the market. Just don't panic and be patience and see everything for the long haul. We are down but it doesn't mean that we can go on like this up to the end of the year. Sooner or later, we will see a massive pump and you will be happy that you hold on it. If I have shitcoins, then I will sell them off, to cut my loss and probably shift my funds around and I maybe lucky to recover my lost. |
|
|
|
I'm a software developer. I thought, wow this is a great way to pre-sell some product. Then everyone started doing ICOs and it disappoints me because I don't have a marketing team. So now all these projects are getting money for projects that aren't even possible a lot of the time. There are good teams out there making real products, but you'll have to search for them. I was developing software before any of this started and I'm going to be watching all these pump and dump ICOs make and lose money and I'll still be here making my software. If I have to go back to uber driving I will. My project will finish because it was designed and is developed by a software engineer with a project that was always possible. I don't think people should quit ICOs. I think they should just stop investing in vaporware, pump and dumps and things the blockchain doesn't matter for, like AI and virtual reality. The blockchain is for record keeping. That is what it is good at. Look for projects that do blockchainy things like record keeping and look for projects run by software engineers. All of these projects that strictly talk about how they are going to burn coins and get on exchanges are obviously garbage. If you don't have a product or a reason to have a token then it is a pump and dump. You need to have some sort of service if you are a utility or some sort of asset if you are providing a trade. Otherwise we already have crypto currencies. Stop investing in things just because you see marketing everywhere. If you treat it like a casino then you'll lose like a casino. Use your head.
Why are you disappointed when you have your project that you believed in. If you are not a scammer and you genuinely think that our software or project can be positive then you don't need to be disappointed. There are still people who are willing to dole out their hard earn cash on ICO. I'm sure that doing your homework and proper investigation is being done by people who uses common sense here and not just listen to hype. I suggest you continue with your project, hire marketing professional to spread the word around and I'm sure that you can still find investors around. |
|
|
|
It's a Very Struggling time for Cryptocurrencies. The Market Goes down approx 10 to 15 Percent. Bitcoin Drop down $7k, On the other Hand, Ethereum goes down $400.
And I am sure that you are not the one who are very worried seeing the market really struggling to get up in the last couple of months or so. The bears still rule the market sad to say. And there are no news that will push the price to at least $10K. And many are also doing shorting, buy in dips and when the price goes up a bit and then see profit, they immediately jump on the opportunity to take it. That's how the market works right now, but hey its not the end and I firmly believed that we can't go like this forever, there will be a time, probably mid to end of the year that bitcoin will make a massive bull run so don't lose hope at this time. |
|
|
|
|
What do you mean disappear? No one mining, trading, exchanges shutting down bitcoin pairings? All bitcoin mine?
I don' think that bitcoin will just disappear in the cryptoverse, I also have a hunch that it can't even be replaced though we can this kind of scaling issues like forever. Because there are too much money that have been flowing eversince and I doubt that investors will just stop pouring money in the ecosystem.
Yes, there are attacks all over from Governments, banks all over the world or even a competitor coins like BCH. However, its too resilient from this crisis that it will survived everything until the last bitcoin is mine (which we are all dead by then).
|
|
|
|
Nah, I wouldn't be sure of that, they already made a hard stance on ICO's already and not in a hundred years that they will change their call. They are totally eliminating crypto's already and its just a matter of time before targeting the bitcoin mining farms. This is probably fake news again, mate. Unless, we see some official announcement from PBoC or some Chinese authority, I wouldn't put too much emphasize on this kind of news. Yeah, it will be good to the market if this is true, however, I don't see it happening. |
|
|
|
Never, never, never, try to "recover losses".
In trading the past does not exist. only the present counts and the gain you can make now.
Thinking about past losses only creates further losses.
It can be possible to cover back your losses but may not be from same coins. Because sometimes if you think that you have invested in some shit coins then you need to book those losses and reallocate those funds on other good coins and wait for them to gain the profit. In this way, you can get back your losses but it may take more time to give you good results. I agree, because I have done it myself. I take loses on one coin, and then shift my capital to others and see if I can at least recover some and it did work because I was lucky enough to get in while the shitcoins is not yet being pump. Its an effective method, but you need to be very careful specially the coins that you want to move, because in any case you lose again, then its a double whammy and its very difficult to get up again, unless you shell out additional capital. So the risk is x2 but if you made the right decision, then you can recover some and can probably book profit as well. |
|
|
|
|
I don't think if you can call this that bottom, however, the price is really a good buying point. So I advise those who have extra money to at least test the market and get some and see how it goes. If the price still bottom in the next coming days then continue to buy in portions.
As the OP has said, if he is correct with his call then we might see some rally coming April and at least stabilizes around $9K-$10K which for me is a good price, of course continue to hold as we might see bull run in the latter part of Q2 and entering Q3 which based on history is the time when bitcoin pick up the price towards another all-time-high.
|
|
|
|
I see people asking for investment advice and all you guys say is: 50/100/whatever amount $ is not enough to invest in a coin, go for a good meal or beer yada yada. So I would ask you wealthy people what amount IS enough to invest then?  If I had my way, I'm more willing to shell out at least $1K to any coins, regardless if is on the top 10 or even to shitcoins. Because the more you invest the more profit you can make. And if you became lucky you can turn it out to like x10 your initial capital. I see people asking for investment advice and all you guys say is: 50/100/whatever amount $ is not enough to invest in a coin, go for a good meal or beer yada yada. So I would ask you wealthy people what amount IS enough to invest then? The simple rule 'invest only amount you can afford to loose' I assume you've heard already. That's the reason this amount is different for everyone so probably no one will give you an extensive answer. If you want to earn more in a short period of time, you also need to invest more. If you ready to hodl, you can invest less to get the same profit. It's up to you to decide. Exactly, just be ready to loose your money any time in this game. As for me, I'm ok with losing my $1K as compare to losing it in gambling, wherein you literally have to chance to win many folds as compare to trading/investing. So make you own judgement call and see how it goes for you. |
|
|
|
|
Then I guess its time for AMD, Nvidia to manufacture GPU's designed to mine ETH/ETC to compete against Bitmain new release. Would be exciting for those miners that at least we have a lot of options and the cheaper one will capture the most out of the miners.
And there's not much price difference though, its minor that's why I was surprise to see Wall Street Analyst look as if this is something big for both companies as they can adjust to Bitmain entering the picturing. I'm sure that they are already mitigating the risk and I wouldn't be surprise if they are going to release cards specific for ETH/ETC mining.
|
|
|
|
Yes, I agree that this year is very difficult for us as we continue to struggle day by day. Last year was different, we has so many positive news, like Japan, Australia coming into the picture and Bitcoin's fork and institutional investment joining the bandwagon. But this year, so much negativity and attacks and FUD, we are still waiting for that one welcoming news that will trigger a bull run and see bitcoin going to 5 digits again. So right now all we can do is hope that one day we will see it happening. Yeah, I'm still hoping that the start of Q2 will be something big for us. So let's see how it goes. |
|
|
|
got up? it's hard to get up if there's still a lot of negative news about bitcoin! the news will make the weak holders become more panicked. if until the coming months are still like this, it will be quite difficult to increase the price to the next level. the possibility of such a situation will often occur, if not be completed in the near future.
I think we just went into another dip, and now below $8K again, Just checked like 6 hours ago and we are still above $8K but it looks like there is another panic that put pressure on the price again. I think it will be really difficult to see the price go up in the next few days as there are still negative sentiments. Maybe the Binance news has something to do with the today's dip or something else. |
|
|
|
|
Well I have been suspecting OKex 'faking" trading volumes when I opened up a account on them about 3 months ago. And this thread was somewhat validated my concerns. Nice OP.
But ever since I suspected something fishy going on, I immediately moved out. This Chinese exchanges really doesn't learn anything from last year's PBoC investigations on them and it seems they are still practicing it.
@magneto, have suggested, might be better to look at the Western counterpart if see if its only prevalent on our Asian friends only or such practice is being done in the West as well.
|
|
|
|
|
Show Posts
