Some people believe the market will crash anytime soon and then slowly the market cap will go up and the REAL bull market will start. In other words what you are seeing now is a false flag!
It is possible! What do you think?
I guess by now we are all aware that everything is really possible, we never have thought that bitcoin will make a dramatic fall from $19K to $6K but it happened, so I guess if another bear market sets it, no one should be caught by surprise. However, its looks like we already hit the bottom twice around last week of March up to the first few days of April. That's why we have noticed that the market is slowly getting up, bitcoin above $8K now and ethereum stands at $500. It is possible, YES, but at this point I'm not seeing the bears but in seems that the bulls and the herds are slowly consolidating and just started some mini runs and now testing the barrier at $8500 for bitcoin. |
|
|
|
As you all know, last month Lagarde's discusses the dark side of crypto of which almost of all us see as an attack on crypto. However on her second official IMF blog post here: https://blogs.imf.org/2018/04/16/an-even-handed-approach-to-crypto-assets/, she seems to be very positive about crypto.
Fast, inexpensive
- Crypto-assets enable fast and inexpensive financial transactions, while offering some of the convenience of cash. Some payment services now make overseas transfers in a matter of hours, not days. If privately issued crypto-assets remain risky and unstable, there may be demand for central banks to provide digital forms of money―an idea we explore in the forthcoming Global Financial Stability Report.
- The underlying technology of crypto-assets—distributed ledger technology, or DLT—could help financial markets function more efficiently. Self-executing and self-enforcing “smart contracts” could eliminate the need for some intermediaries. Already, the Australian Securities Exchange has said it plans to use DLT to manage the clearing and settlement of equity transactions.
- Secure storage of important records is another promising use for DLT. Healthcare companies are studying how to use the technology to maintain confidential medical data while providing access to insurers and other authorized users.
- In developing economies, such advances can help secure property rights, increase market confidence and promote investment. In Ghana, where property ownership is often the subject of disputes, a DLT-based platform called Bitland promises to help solve the problem by securely recording land sales.
Looks like a strong word coming from her. We all know how she can impact the economy of a lot of countries. So I'm sure that with this kind of statement, I wouldn't be surprise if crypto in the next coming days will at least get a good pump. What do you guys think? |
|
|
|
The crypto sphere is in an uncertain state. The bullish run ATH of December has been replaced by the persistent and sideways of early Q2. Some analysts think it's Cryptocurrency Depression, citing some indicators. I don't know guys. What do you do think?
I wouldn't call it depression. I guess by now everyone really understand how the market works. Specially for those irrational buyers in December. They thought that the dramatic rise would go on forever, sadly after that bullish run every falls and we are still down more than 50% from that all-time-high. And with all the governments and regulations being put up, we still need to brace for more sideways or even a downtrend. But if you have been engaging i crypto for at least more than a year, I'm sure that this downtrend you learn from the past. We may be experiencing a crisis, but just one positive news will turn this market around. So to answer you, I think that this is just another test and the market will see a recovery soon specially news like Lightning Network being rolled out. |
|
|
|
In 2011 it went from pennies to $20, then back down to $4. In 2013 it went from $4 to $200, back down to $60 and then up to $1000 and then back down to $300. It fluctuated a few times before 2017 when it went to $20,000 and then back down to $6000… All of those previous swings are larger than the swings we’re seeing now. Once bitcoin regain it's upward trend what's your price prediction for its all time price record??  The previous price doesn't have anything to do with the current situation. As we know, when bitcoin started, only a few people who is really technology enthusiasts know about it. Hence, there are only people who invest on it, which means there's a lot market demand. As time goes by, investors and bitcoin traders are increasing as bitcoin is getting everyone's attention. So, I think as time goes by, there's no other way than for bitcoin to go up. But the previous price is a good gauge to see how far we go. So its really good to see and evaluate based on its price history. As far as predicting the price, its really hard to say where we can go at the end of the year. But I will still remain bullish about it and despite everything, I see that the price can get to another all-time-high this December. We still have a long to way to go and its early to call, but again, based on bitcoin past records, every year during December the price reaches its peak so I'm speculating that it can happen again this year despite starting 2018 at the wrong foot. |
|
|
|
I wouldn't categorized it a stability year, with so much FUD and a lot of countries setting the tone of what could be this year (tighter regulations, bans) so this year for me would be very unstable and tumultuous. However, we have seen how bitcoin is very resilient, we may be seeing a crisis, because the market really went down so hard in the last 3 months or so. But rest assured that we can overcome all of this because despite of all the negativity, bitcoin is alive and even trying to get up from the ground. So yes, I'm very optimistic that it has a lot of legwork to move and may see it hit another all-time-high in December. |
|
|
|
I buy or sell, I'm always not satisfied !? Maybe it's good or not?)
Tell us about your main mistakes in the crypto market, this experience can be useful for many!
You mean that you are satisfied with your profits? If yes, then that's a sign that you are too greedy mate, sorry to say. If you are a day trader a good margin of profit should be set, because we all know how volatile this market is, so if you are really looking for me, sooner or later who will hit a bad decision so its better to stick or at least take a good profit and you are good to go. Main mistakes is pretty obvious, Don't be greedy. Write down your entry and exit point and don't over extend it. Its risky out there, so its better to make some profits instead of getting into negatives. Goodluck on your trading journey. |
|
|
|
Hi,
I see a lot of great projects..
But also a lot of project which I don’t like.
Here is why
Not every project needs blockchain. Or not every blockchain project will survive.
In a project you need also a good businessplan and marketing.
Example
I saw Friendz which is a social media project. Nice plan but don’t think it will replace Facebook because
it is in blockchain. You need a lot more.. A LOT MORE to best orher companies with a centralized system.
Be carefull and good luck with your investment
Of course, because some of them are really copy cat of a previous project, they just added few variations and changed the name, so if you are really into crypto investors you will notice this a lot and most probably won't invest on those. That's why we should use our common sense here. You need to filter out every ICO that's been popping around and not just joined because of the hype that surrounds it. And later turns out to be a scam. Interesting you to put Friendz, because the moment I see this project, I have a good chuckle and I agree that it will face a hard time to succeed but who knows. But at this point, I will not put any investment on them. Sorry. |
|
|
|
This statement was actually a quote from someone in a Telegram group. Apparently some tokens promise to pay you crypto as a reward for doing stuff, like watching videos or ads. Sounds great, right? However, sometimes it also involves you downloading an app/program, which could give you malware and steal your cryptos!
Do you think crypto faucets are a great way to get free tokens or is it a total scam?
I totally forget faucet claiming because its not worth the effort. I'm sure that as a beginner, you will really find it attractive, but as you gain experienced a long the way, you will also abandoned it because it will take you a lot of time just to get the minimum amounts of withdrawal. But it looks like scammers have also exploited this system as you have pointed it. That's why everyone should really stay away with faucets because of this incident. So to answer you, its not a good way to get free tokens. Just joined bounties and you will get more than spending all the time claiming faucets for tokens. |
|
|
|
Bitfinex launches a new platform engine. The new Bitfinex platform engine supports the trading of crypto-currencies and other financial instruments through computerized site management based on software and electronic data matching systems. Thus, in the automatic mode, the transactions on the platform are compared, the orders are distributed to buy / sell between users through a certain set of algorithms and rules. Who what think about it?  Do you have at least a link so that we can see it? I just checked their latest post and they say that they are doing some performance update but didn't mentioned about the new platform engine. Anyways, it will be a good news for everyone, but I doubt that casual traders though are interested in this new engine platform as most of us just look for the trends before making buy / sell orders. But as long as it will help traders, then why not, let's see how this new engine will really live up to its hype and see how traders response will be. We all know that crypto user based is growing and exchanges really need to upgrade there engine to be able to cope up with the high demands. |
|
|
|
|
Apparently, I would not be surprise if it rose to $0.9 or even higher as the price is above $0.6 right now. But the problem is how high it can get before another crash. We have seen its better days and did overtake Ethereum for a brief moment so I wouldn't really be surprise if the bulls are going to pump it hard as well in the coming days.
But is it sustainable? or another pump-and-dump (which we already witnessed)? Well if we really don't want to miss the boat is better to jump in early but I would prepare to be a long term this time, and not to stress myself of daily trader.
|
|
|
|
Care to share the links though If I may ask?
Not trying to spoil anything, but Bitcoin is a whole new and fresh alternative, it's something totally new, most currencies of the world are from developing countries that don't see many growth opportunities. So for a currency like Bitcoin that's not very surprising to be honest.
I agree, just like what the rest of the guys are saying, its not comparable as bitcoin is like a alternative to those fiats, its like comparing oranges and apples so to speak. USD and EURO will still be the number currency in my opinion, simply because its the most recognizable and the most widely currency being traded around the world, while Bitcoin will remain and keep the top stop in crypto sphere. But it's really awesome to see Bitcoin competing against the top currency, but I wouldn't put to much weight on it. But this is a good graph to counter those FUD that bitcoin is useless and has no value. |
|
|
|
Bitcoin (BTC) is stuck below $ 7,000 in the past few days, but is it that bitcoins are quietly preparing for a big jump?Actually, bitcoins are restricted to narrower trading ranges for nearly a week, both bears and cows are not able to dominate bitcoins. Investors are also very depressed, because when the bitcoin price is also around 6,800 dollars, slightly higher than 6,900 dollars in the past few days, no new breakthrough. It can be said that the current market is very tedious. The chart above shows the narrow price range (triangle) during the past week. The highest level is 7,510 USD and the lowest level is 6,425 USD. We can see the difference is at least $ 1,000, and the difference depends on the strength of the bulls that push the price up, a breakout that could make a difference. The support threshold is found at $ 6,570, while resistance is at $ 7,080. The decline could be a potential sell off to $ 5,500, on the lower path, the BTC could find support around a low of $ 6,000, as the relative strength index (RSI) It may be a condition of sale. Also note that, the trend is still bearish in the BTC, within the narrow trading range. The drop of bitcoin will lead to a sell off from a high of $ 7,189 on April 9th and open the slide to $ 6,150. However, just break below $ 6,570 (the support threshold of the triangle). This is bad because when bitcoin breaks below this support level, a slump may occur, dragging the bitcoin price down below the bottom. On bullfighting, bulls only need a strong breakout, breaking above the resistance at $ 7,179, to regain momentum. The decline may be considered as a warning that the bitcoin is set to move below the triangle support at $ 6,570, if bitcoin accepts at this level, a slide could pull bitcoin down. USD 6,000 On the other hand, if the bitcoin sustained above $ 7,199, it would help the pedal to break the bitcoin at $ 7,510 and open the way to $ 8,100. As of now we are currently seen that the market is in green and I'm sure everyone are happy for that matter. But one thing that I'm thinking and it's how long does the market goes like that because there's a fact that it's only moving just a little and it make the sense that it can't be really the beginning of it's full recovery and maybe it's fluctuation is in the normal range. It is so difficult to know what exactly will be happen so for now I'm just sitting in the side and still keep my eyes in the market and evaluate again what will be the possible next to happen. I'm 100% agree with you here. Yes, we are very happy how things were for the better today, but I will still be cautious. Do you have any speculation as to why the sudden pump? I'm still at lost up to know that's why I said 'pump'. Maybe someone from behind is during this that's why I still not totally sold on the price immediately jumping to $1K in a day. So that also begs me question if this is natural of just artificial pump, Or can be sustain this growth and can call it a recovery phase? Let's see how it goes, would be very happy to see it this is sustainable growth because we have seen too much bears already, its time that the bull take charge of the market again. |
|
|
|
Thanks for sharing my man! I think that greedy person who wants an instant profit, will most likely became a gambler, not a real wise and patient trader, but afterr all it is better to be a second one.
Its human nature mate, all of us are greedy at some point. But the problem is that most of us cannot control it. As for trading and gambling, A successful traders knows the risk, can control his greed and emotions specially if you are a daily trader and you have the ability to 'control' things. As opposed to being a gambling, its based on pure luck and if you are unlucky that day, you will still go on thinking that you can recover what you have lose. Unlike in trading you have stop-loss order and at least lessen your potential to lose bigtime. |
|
|
|
Everyone is hopeful that the market is now all green and the coins are increasing in price. However, as I look at the prices of the coins in the top 100 in coinmarket, I realized the fall of bitcoin cash compared to its boom last year. Now, it is in the price where there's only so little gap between it and ETH. Now, which do you think will reach the $1000 first? Any opinion?
Good question. The first thing you need to look at who is the team behind and are they very active or not? So for me, ETH team is very good and they are really busy keeping the project going with new enhancements. However, BCH seems to have same following as well and they really love to pump-and-dump this coin. So I'm looking at BCH to be the first to reach $1K for the simply reason that it can be easily manipulated. Just by throwing a lot of cash on the ecosystem, others might follow those whales resulting in a big jump in prices, In my opinion. |
|
|
|
I don't think it a good idea to share your personal data just to receive an airdrop. Most of airdrops are scam, so I wouldn't even them any information. Of course there're some exclusions where you pass KYC for participation in ICOs and they can hold an airdrop instead of a public sale. So in this case it can be reasonable to pass KYC to get some tokens.
Exactly, why would you share your personal information for a just a penny? That's why I don't joined airdrops lately, because of this reasons. I really don't understand what they are going to do with your data though? Yeah, for ICO I think its reasonable specially for bounties that pay higher or good amount of tokens and the project looks pretty solid and legit. But for airdrops? I'm don't understand why they would require such a thing. |
|
|
|
Today we see some good improvements from the bitcoin's value,it risen up to $8k levels from $6k in just a matter of hours,that is clearly saying that the bearisht trend has finally over,making the market to enter the bullish season which is why we need to stick with bitcoin's market as far as i can see it is going to be a long bullish movements few days from now all of these coins are going to be massive.
Yes, we have good improvements today as bitcoin is making a rally and testing the $8K waters again. do you guys have any idea what triggers this mini bull run though? I wasn't expecting it to happened so quick but I guess we are all good. I hope that this is the start of the bullish trend that most of us has been wanting to see after that December madness. I'm sure that the bitcoin fever is slowly gaining ground as more investors are getting into the groove and renewing their interest. Let's see how far this rally will go. Maybe $10K is possible at the end of this month or even more. Let's see. |
|
|
|
Yeah, as a newbie, its seems that you really understand how this market works. Its not only money is involved here, emotions, and your time. That's why we will hear us saying that the earlier you can get in, the more profit you can get in the future. Specially if you have bought a lot of coins during the crash. Just by holding it for a few months, your investment can turn into many folds. As far as Ethereum though, I doubt that we can get to $2K in two months. If you will look at his history, the $1K-$1300 was reach around 2 months if I'm not mistaken, around December - January. So based on that, its better to see it somewhere at the end of the month. I'm thinking that $2K will be likely hit early 2019 though. |
|
|
|
I don’t know if I really see it as that… cause mostly what I see it as a ‘grab–the–opportunity–when–you–can kinda’ thing. Whenever I’m investing I do have my own targeting and when it happens to hit that target, I withdraw and leave the rest if actually it shows signs of going forward up from there.
With the current situation? Yes, I agree with the statement that I bolded. Just look at one example, bitcoin drops to $6500, let's say you get 1 BTC and then when bitcoin goes to $7500, it matter of days, you can easily dump it and take the profits ($1K). That's one example those daily traders do that's why we are having the break out that we all been waiting for. That’s the time I become even more cautious of the price and will be checking it out when it will start dropping, when it does start dropping, I will immediately withdraw my money. When it goes to a very low price, I also invest back.
Yes, you can also do that method, which I prefer, just sell some when the price starts going down and then you can re-invest back when i continues to go down in several days. |
|
|
|
Last night I had a discussion with a friend if it's possible to quit your job and make a fulltime living of promoting bounty campaigns.
My friend thought you need to promote a lot of bounties at the same time (100 per week), to compensate for the
uncertain number of bounties that will never to lead to any income (coin cannot get listed, withdrawal fees of exchange is too high, scam, etc.).
So the question is: do you agree with this statement?
How can you earn and support your family with your bounties or signature campaigns? That's why I'm totally against people quitting their regular jobs and pursue bounties to generate income. Just remember that this market is so volatile that can be a snap, your investment will suddenly turns into nothing. Then how can you bring food in the table then? And by your friends arguments, promote a lot of bounties? How? By having multiple accounts here? We all know how the community frowns about members here having multiple accounts joining same bounties just to earn a lot of money. Sooner or later she/he will be caught, and if she/he will then what will happened to his family? So to answer you: NO, I don't agree with that statement. |
|
|
|
You will never know the reward until you take the risk in every decisions we make there are risks involve but it all depends on how to handle the risks. Taking risk has a cost but being regret is more costlier to make another start from where it all begin. Dreaming big is risky but dreaming and doing nothing is more riskier. So which side are you taking the risk of being a winner or a risk-free loser ?
Correct, most of the time we really need to get out of our comfort zone and take the risk. That's what most of the successful people in our history does, what are the odds, slim? none? forget about it, "I will take the risk", that's their philosophy and just look at how they became. When I was young, I don't want to take risk, I will be just like "I'm ok with this and that", but when I grow up and matured, I understand that risk is part of our evolution, no need to have qualms about it. If you feel like going with it then go, at least you try and doesn't have the "what's if". So everyone can really try this on crypto, take the risk and see how it is rewarding at the end. |
|
|
|
|
Show Posts
) 
