I can't see the pattern, can you elaborate? What's being repeated? A recovery after the "dump" earlier in the year?
Talking out of the chart, yes indeed a recovery back to $11K+ will surely happen this year. I found it quite saddening that the price was barely affected by the Lightning Network news and the current state of the blockchain. I know the media ads banning is everywhere but that's actually beneficial for Bitcoin and shouldn't be holding the price this way. The recovery is due now in my opinion.
I Agree! There is no correlative analysis or what so ever how OP shared this photos, Well we can simply say that it may repeat what happen on that following year but we can not be so sure about it because it could take a different turn this time, And it might turn bearish for now but it will sure recover for sure it can take a slow pace increase but it will never become a bull run.
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We had to deal with a dip this week. Prices seem to be climbing back again. The question is how we move forward after this dip? Somehow Bitcoin will have a difficulty to go up due to some whales or group of traders that wanted to buy Bitcoin at cheapest possible price. These guys spread FUD all through out the marketplace and shake those who are weakhands. So I guess Bitcoin will still tank for sometimes before blasting off. They are all greedy and really want to get bitcoin for themselves, if I am a whale and can manipulate the market by means of selling my stocks and bought it in a most cheapest price then why not, They sure think that they can do something so freely in engaging in a mass sell out of their hodl bitcoin this can really cause other low ordinary investors to give up their bitcoin because they will think that bitcoin is really stumbling down apart, So it will lessen the community and they can keep it for themselves.
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Bitcoin is not a pyramid scheme, Well a pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services. As recruiting multiplies, recruiting becomes quickly impossible, while in bitcoin there is no need to recruit someone in order to profit, If you invest in bitcoin your money will grew over time when the value increases, But that is one part earning in it, But bitcoin is literally not made that way because this is really a currency that always fluctuates, And the given services was a secure storage and a fast transaction. don't lump it in a pyramiding scheme just because you can earn by investing with it.
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it already is getting a dip with in the price, This is a collaborative manipulation of the price and schemingly up to something we already have a February red days month and right now March is getting a repetitive outcome of that same month, But I really think they can not mostly control bitcoin and it will still continue to recover in value even if they had a plan to destroy it, It is pretty impossible to do such thing a currency that is decentralized.
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Bitcoin is now really about pump and dump only, don't expect that bitcoin's gonna be friendly for you every year and it will smoothly cross a new all time high yearly, Because bitcoin is volatile and fluctuation is always present in it, You can never predict it's movement year by year because of it's past movements never base on something like we can never know when a whales hungry in manipulating the market of Cryptoccurency all we can do is wait for them to be ready to pump the value again.
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Trade wars have an impact on the global economy. It doesn't matter where you live, when the heavyweights of finance (US, Europe and Asia) are involved, you will see an impact on your local economy as well since everything is interconnected nowadays.
Bitcoin is no different, the Bitcoin price is subjected to what happens at the geopolitical table, and since it's a neutral global asset, it should go up. So while we have Trump screwing around with his trade wars, we can benefit by holding Bitcoin and watching the fireworks on the sidelines as countries print more money. We should be going to 100k in the following years as a result. Forget about coffee with Bitcoin, this is where Bitcoin will shine.
Trade wars or not bitcoin will still gonna make it in the $100,000 USD mark in a couple of year so until the price is still cheap buy and hodl more coin because we can definitely see this value, in the following future, Trust in your instinct and don't get left behind if there are FUD surfacing the internet about the negativity of bitcoin don't believe it and stick to your main goal.
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This kind of pornography set up is already involve in the deepweb that currenly are using bitcoin payment, And I really think that there are ICO that are using pornography as a source of service in there cryptocurrencyI think this is vicecoin that you can watch adult video using their platform, cryptocurrency is already tainted with this kind of things that is why this is not new if this kind of issue is involve in the system.
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I think you can't still call the blockchain as a revolutionary technology as not all people around the world change their lives because of it. It will still take years for it to become perfect and it will have to improve more.
You can say that blockchain really is revolutional but I really think bitcoin is the one responsible in changing the lives of its user blockchain only provide the technology in every transaction by means of a ledger, But this kind of technology can be use in different aspect of services, It is still not perfect but there is a possible way in doing it.
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Well this is not a bull run but we are seeing a consecutive green status over the market and I think it will continue over the next week I guess, But we are having a dip again until we can feel another bull run agian but provably it will last long until november, But we are in a stable state of the movement right now, Let's just say that for now it is still good to invest because the price is cheap but if we see the bull run again we can make another profit.
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Great story in getting up to the top and sprung back down again by losing so much just like that, Well this is all because of bitcoin i really think there is a time in our life that we can certain lose even though we think that we had everything but this lost didn't mean it is the end I really think it is a new beginning and try to persevere even more, A lot can happen because this is bitcoin we are talking off we can have a life changing experience sometimes but for zhao dong getting back up is not impossible because you have reach it once definitely you can reach it up again.
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I am seeing different things that can happen right now and back in the days bitcoin only have a $1000 mark value and litecoin is on his side instead of ETH, Well on the recent years to come I really think that we can see further changes is about to happen with the market of Crypto, We have a large portion of Cryptoccurency to choose from, and many have their potential to go beyond the recent success of litecoin, And Ethereum I really think we should further see this through and learn from past mistakes so we can see to it on what is up for us in the future to come.
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RESERVED
I think no one is expect the 100k USD in future. Because most of the countries are looking to implementing the legalisation of cryptocurrency once legalised all the peoples are invest directly at the same time price is little hike is possible in future. But 100k is impossible in crypto market. In my opinion many are hoping, And even if the government wants to implement a legalization towards Cryptocurrency and even if we can not see this year there are more years to come that we can sure see a glimpse of the future by this thread alone I hereby say that I am part of the many people in the community hoping we can see the price will surge up even if we are seeing a great resistance right now, And even thought we are not there yet there are a big percentage that we can make it because this is bitcoin we are talking about.
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lol, yesterday I hear about news that Google wants to block ads related to cryptocurrency but they instead want to create blockchain with their own version. very funny ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Well I really think this is a competition and google is trying to block other ads about Cryptocurrency or ICO so it can further utilize their own ICO, This can be a big hit to the public because I really think that google is the most influential browser right now and if they will decentralized their platform using blockchain technology it can be a bigger hit with the public, This could innovate more the usefulness of google to its client and can further outsource it services even further.
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I really think the private keys are the ones that you will download and store in you PC, or anything that you can store it with like USB, Cellphone, or even mail it to your self but as you can see it can be hack if you would put it online, And I really think moreover your private key there are 12 given phrase that would will memorize or put it on a notepad, this will let you access your wallet if you might lost your private key but again there is some wallets like that so I think it will be available to your trezor, nano, or cold store device.
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A lot of investor are comparing the first investment they made in their recent ICO that had double, they really think that a developer is not doing something about this that is why they are complaining so much, I really get the point that if you had invest in something you need to have your 100% trust towards it because blaming will not help resolve it, And right now the market of cryptocurrency is on a brink of resistance at the moment.
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In my opinion with the single currency is we can not be so sure about this single currency that will be implemented for all country, which I think all can sure use it in all sort of transaction needed if that country doesn't ban bitcoin, And I really think there are many Cryptocurrency that we can choose from and right now there are a few Altcoins that can be use in direct transaction.
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9000 is the bottom, going lower always bounce back up
As of today the price is $8,773.51 USD I didn't see a bounced back of price after it hit the $9000 mark, This is really a resistance like no other it keeps on recovering but keeps on dipping back again and this time it is back to the $8700 mark, If only we would know the real problem behind this, if this is a manipulation then it will still continue and no one known when it's going to stop.
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It's the good news for the bitcoin holders.I had some bitcoin with me,I had a plan to sell when the price increases.But now it's happy to hear this news. Now I had decided to hold my bitcoin for the future house.Everyone like to buy a house,so I would like to buy the same with my bitcoin.
It also depends on your country rules and regulations. suppose if you buy a house for BTC and your government asks where you got this money and they ask to provide your income certificates you will face a lot of problems. So make sure within your income limit you can do whatever you want but if it exits you have to be careful. Yup! I agree there will be a lot of questionable details about yourself and what form of business you obtain you money even if you have a lot of bitcoin by trading and investing it there should still be a legality where you have acquired it, Well I think it will sure depend on the country if that country is a open minded one about Cryptocurrency because it could bring a lot of trouble in your part.
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I really don't recommend in investing in fresh new ICO, Well it is up to you to see for your self and research on the ICO that you think will make it big in the future, And there are free stuff that you can join in regarding newly ICO that give token with airdrop, Bounty, Or giveaways, Because it is more profiting to invest in well known Altcoins right now.
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Do you think he will tell the truth about dumping so much bitcoin that may cause a total crash? I really think even if there are evidence that he is the one don't it we can not guarantee that he is telling the truth, But a lot of reasons can be covered up for him on how bitcoin dive in a crazy low value, Well there are a lot of whales that surely keeping their bitcoin that waiting for the perfect time to dump and bought in a cheaper price and there are negative news about that can cover up the situation.
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