That depends. 1.)If we have a chain split then that will be the worst situation as neither 2x or core team is implementing replay protection.It's not decided which people will treat as real bitcoin.Many will lose value because of no replay protection and price will be almost equal on both chains. (2000$+) 2.)If we don't have a chain split or bitcoin core finally gives up to 2x or 2x agree to implement replay protection then it will be treated as an altcoin and we will have the same fate as Bcash split in that case bitcoin price to the moon  If there is a split and the hardforkers supporting 2x (basically corporations) attack the legacy chain by not adding replay protection and threatening people's holdings, I predict big big lawsuits coming for everyone involved, starting with Coinbase. |
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Here we go again, trying to make a correlation between bitcoin's price history and some conventional traded assets in stock exchange.
No matter how many indicators we use on trying to predict bitcoin's future prices, it would never be as accurate as what we do on conventional traded assets. We can only rely on the order depth and volume to make some 'assumptions'. Support is currently sitting @ $3300, China drama pans out, Japan, SoKor, India and other trading hubs are holding strong despite the FUD, plus a rumor that Amazon would soon be entering the scene by accepting bitcoins as a payment. Everything tells me that this market is either going sideways or move up, but the market would go against this prediction of mine.
$7000 is more viable to reach. No point on reaching $1800 since everything is on the positive side beside from the market uncertainty on the upcoming November fork.
The Amazon rumor has been already proved wrong, or that was I read later today in Reddit. It was obvious, why would Amazon start accepting Bitcoin before Lightning Network? Amazon makes millions of sales daily, Bitcoin can't deal with that onchain, we need LN, then I may start believing Amazon getting in. I think we are going to be looking at 5 figures next pretty much guaranteed, but the process may depend on if we are able to sustain a price above the current key resistance points mid $3500. Right now the price is in nobody's lands from a TA perspective. |
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I felt like I missed a great opportunity at selling high and buying low when it reached 5k and drop to 4k a couple of days ago. Now it happened again from 4k to 3k. You think it will happen a third time, from 3k to 2k?
Nowbody can really know this but I sure hope it does and even below 2k. This way all the weak handshake will be shaken out of the system. We are seing this "China ban" again and again and always with the same result. Slowly, but shurely, the market will be mature enought not to overreact on news like this. That is not a good prayer and should it come to pass, a number of people especially noob would be devastated and may leave the crypto-world to never come back. At any rate, I don't see the market dropping below the $3000 price level anytime soon until the November hard fork imbroglio sets in and possibly upset the market, though that too would be short-lived. Until then, do relax and make some money by buying low and selling high from the daily swing. Only way it drops that far in the first place is if we go into a long bear market. I doubt we can drop 50% in a day at this point. I hope BTC does go down a bit though so I don't miss out. I don't think we need a long bear market to have another drop. A lot of corrections tend to have at least a couple of waves down. The first major one bounced around $3k. If we do get another wave lower, it could be just as quick and decisive. The bounce around the $3500 area yesterday indicated some good support there. But if that breaks, we could fall to $3k in a matter of hours, and if that doesn't hold, we'll get another quick drop down by several hundred more. As long as we stay above $3500, we are good to go. But if we lower, the resistances start getting below $3k. Let's hope that the Amazon fake news pump can be sustained for a couple more hours, if we close with a green candle for monday, we will be safe above the 200 day moving average, and that is what im watching all day today because its crucial. If we manage to cross the MA on 1 day chart im positive that we will test $4k and it's looking good. |
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I'm only into Bitcoin but I might have an explanation.
In the olden shitcoin days you people first bought Bitcoins.
Then for fun they bought some shitcoins with their "spare" cash just to make some quicker money on the volatility of the shitcoin.
But when things went bad they all dumped their shitcoins into Bitcoins and if it was even worse then back to fiat.
So ETH might be dropping faster because people trust Bitcoin more than ETH.
This means that Bitcoin will receive inflow from ETH dumps. This makes ETH go down fast while Bitcoins decent gets cushioned by the people converting to Bitcoin (buying).
In the long run we all know Bitcoin will win against Ethereum, but it's all about taking adavantage of what happens in the meantime, and I think Ethereumhas some good pumps before it starts going to hell due a convoluted situation where both technicals and legals problems will make it collapse. But meanwhile Raiden is going to pump the price for a while I think, because BTC still got a while until it can scale with Lightning Network. |
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At that point, it'd seem like actual money wasn't worth all that much. Bitcoin is already well distributed to many parties so a rise to such prices would warrant out of market factors that are likely too unrealistic. Under current circumstances, decentralization would have it that there's always going to be selling pressure for bitcoin to actually not go to such prices.
The concept of "actual money" being only government backed money is what will change once more people are using cryptocurrencies than these using fiat currencies, and we will win because eventually all currencies end up getting devaluated into oblivion Venezuela style, and the next logical step for everyone unfortunate enough to be on these countries will join Bitcoin. Bitcoin is a global team and all expatriates that get fucked in the ass due deprecating fiat currencies will join us and we will in. |
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'We' as china.. not 'we' as #bitcoin
This. I hope china bans mining so bad. I don't care if there is a temporal market correction. I just want to see all these chinese miner idiots that have caused so much damage to bitcoin with their hardfork stupidity to fall and file for bankruptcy. These bunch of idiots have had way too much power on their hands for doing nothing but being born in a country with ridiculously cheap electricity. Well, now it's time for them to leave and let other people mine bitcoin, and mine the real bitcoin, not a nonsensical hardfork that nobody even uses (just look at the BCash blocks, they are like 10kb big, it's ridiculous). |
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Im still betting it on Poswallet. I claimed months ago that it would go to $1+, and I still say that it will go to $1+ https://bitcointalk.org/index.php?topic=1947097.msg19342929#msg19342929So at current prices, you can aim to x10 your money. They will keep working on it and the liquidity will come as it hits major exchanges. It just needs to hit Bitfinex, and coupled with the improvements on the website, new developers, new marketing campaing and so on, as well as the supply making it extremely cheap for current prices, I really see this as a buy. You can't go wrong due the market having bottomed for months. |
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so if we assume that bad news have a correlation with price dips; shouldn't neo be the altcoin that suffers the most? do you guys think that the coin has a future beyond china? even in the case of "china banning cryptocurrencies"
https://coinmarketcap.com/currencies/neo/The price is holding on that $20 range but the news are obviously bad for a coin that's pretty much a niche coin that pretends to be the so called "Chinese Ethereum". What's the value proposition of a Chinese Ethereum if the Chinese government is being so hostile against all things crypto? If I was on a profit or just flat, or even with small loses, I would sell to be honest. It's too much risk to hold a coin that's Chinese while China is a turmoil when it comes to cryptocurrency at the moment. |
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Let's wait till October 26th and find out.
This. I feel sure that if it was really true, bitcoin's price would have jumped as Amazon executives would have rushed to buy (because bitcoin is unregulated and they don't have to disclose if they own any, they buy without upsetting the SEC). How do you know Amazon hasn't been buying millions since the $2800 dip? Hell, Jamie Dimon and Jeff Bezos may have teamed up to crash the market and buy a of cheap BTC before the news of Amazon accepting BTC became official. If it was fake, wouldn't Amazon have said it's fake already? I would buy right now if I didn't own any BTC, you can't miss the potential pump if it turns out to be real. |
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Look may be fail to 2500-2800$
But it have target 10000$ in few months
At present I do not consider the dip based on the current scenario because all of the factors are taken into consideration. Unless if there is another news from somewhere which is not healthy may impact the prices else from here slowly it may be but price should move in upward trend. There's not much support until around that area, so we may visit a double bottom then shot up again. The good news is, even at low $2000 we would still not be out of the all time bull trend, and predictions of $10000 for next year (or possibly late this year if the 2x nonsense is avoided as much as possible without much drama) we can definitely hit that sweet 5 figure spot and once we get there, sky is the limit. Everyone's brain will be destroyed. Doubters will become believers. |
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Bitcoin can reach $100,000-500,000. But $1M and up is impossible. Maybe in 50 years.
It's not impossible. There are tons of trillions out there in stuid stocks, asseets and dead bonds. If some of it came to BTC, it would quickly skyrocket into a trillionare marketcap, pushing the price to $100,000. From now on it's only x10 and you got your $1,000,000 per coin, but governments will attack BTC before accepting inevitable defeated. |
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I am wondering: do these interviews really affect the market?
When I want to buy bitcoins, I usually do some research in what I am investing.
I suppose everybody of us did that.
Do those interviews really make us sell? Or do we know anybody who sold because of the Dimon interviews?
Depends on who is affected by the interview because as far as I'm concerned I'm not affected by his smear campaign towards bitcoin. This is what a typical Wall Street investor do: lay hands on an asset he wants to get and silently enter once everyone is trying to find a way out. This is what's happening with China and JPMorgan, and I do hope that people know this. This FUD campaign only caters for the noobs that get scared everytime a big bankster opens their mouth to say how bitcoin is a fraud and the end of the world, and how you will lose your money (impossible if you hold your keys, and if they mean valuation against fiat, well its ironic since they cause the crashes) Ignore it and you will be ok. |
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Any ones are investing in litecoin for higher price in long time? I am thinking to move to btc instead of keeping my ltc? I bought ltc at $80  ( $80 a coin... that's really high. I would be ready to hodl for years. By looking at the all time graph, you may be holding for a long time until you see an all time high. Your best bet is that Litecoin regains importance thanks to the lightning network, payment channels and interactions between blockchains. This may pump the price, or when the next time that bitcoin goes through harsh times like during the activation of segwit, Litecoin may get that update before Bitcoin and it may pump its price, so maybe if you are able to hold for a long time you may not sell at a loss. |
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LTC SHORTLooks like LTC wants to go bit down in price. Target 24.1Current price 42.4SELL, all down from 41.51 to 37.27Stop at 44.22
SIMPLE FX prices.   Approaching the levels. Probably, will be able to short market soon. Important levels haven't changed. It's still important to break those lvls. (green square)  Good call. Other traders on tradinvview agree with the short. Im not shorting because I generally never short (crypto markets are too crazy, anything can change and you can lose a lot of money) but if everything goes as normal it should keep going lower. The only good fundamentals I see for LTC right now is the testing of atomic swaps with other coins, not sure if that can generate enough bull pressure to stop this. |
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Poswallet got a brand new team ready to kick ass and the price is starting to go back up: https://coinmarketcap.com/currencies/posw-coin/It may not seem like much due the big spike of a couple of months ago, but if you zoom in on the recent developments you see that this is indeed a trend reversal. The fundamentals are looking good once again for this coin. Looks like the team got his thing together and have now a clear vision of what Poswallet needs to become. Deals with bigger exchanges will come and you want to be buying now before the pump begins, don't be the guy that always sees a train pass by and gets in during the pump. If you want to get rich, you want to get in when things look like the current graph and when there's a good roadmap on place. The total coin supply also points at a really cheap current price. |
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My prediction about the market .
In the 2012/ 2009 this cripto market was only in the hands of a few nerds -geeks. With the events of silk road arrests the attention of the bitcoin had increased and then so many learned to speculate on it,and price grew up...even bank look at it.
We are in a terrible, big bubble ready to explode from a moment to another. Many beacame rich with bitcoin becuse t the begnning there were not so many projects, now the market is saturated and my prediction is that just one more coin will moon and then this market will collpase, the bubble will explode.
Why?
Because it does not serve the rel world needs... cme on do you really think Banks do they need the Blockchain? For what? FOr decentrlized Ledger? Come on there are better tecnology
This bubble will explode, but first there will be one coin more to rise. All is begun with Bitcoin, then Ethereum (and dash)... now one coin will be the next and then nothing more
In September 2016 I predicted the big rise and the potencial of monero, and it's hard I am wrong about somenthing... so Take your energy to find pontential coins, and please stop focusing ON DAY TRADING AND PUMP COINS WHICH WILL MAKE YOU LOSS so much money unless you are not whale yourself.
There is just one oppurtuninty in thsi market-bubble... the rest is useless and will eplode, like the bubble it has been.
Wrong analysis. Do you think people all over the world don't need a currency that's safe from the hands of the governments? in Venezuela people are working hard to earn BTC. Same for other countries. It's obvious that in developed countries your money isn't that unsafe in a bank account, but the world is bigger than the place you live at and bitcoin is a global market. A decentralized global gold. If you think there isn't a constant demand for bitcoin there you are nuts. Bitcoin is constant demand 24/7, enough to keep the price as it is and keep it going up along with the speculative demand of the western money. Someone always needs to have BTC out there. This is no bubble, and all altcoins would follow bitcoin if it goes down, so stop thinking you are going to find the magic altcoin that pumps while BTC crashes. Hold BTC and we are going $10,000 next year. |
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I bought some bitcoin back in early 2017 to make a transaction. I ended up with some leftover, and of course, it's value is now much more now than what it was. I know there are all kinds of threads and articles about future prospects for bitcoin, but I'm particular interested in daily bitcoin trends. What are some of your methods? What have you found to be successful and unsuccessful. I've traded stocks for a while, but this is obviously a much more volatile market. I understand the huge dip that occurred last week, but at bitcoin's most stable, what are some trends that you all have noticed. Certain time of the day to buy or sell? Certain types of news that impacts value versus certain types of news that have less impact?
i know I've posed a lot of questions. i don't expect all of them to be answered - especially not all at once; I just want to start a conversation about what kinds of trends people identify to assist them in trading and things of that nature.
Thanks
The trend is clearly UP: https://www.youtube.com/watch?v=XbZ8zDpX2MgIt's obvious that bitcoin goes through bubble and burst cycles finding new floors each time, and these floors being higher than the previous one, following a fractal-like pattern. You said that you bought some BTC to transact and you got some that got left on your wallet. How much is it? If it's not much, you may want to try tour luck in the altcoin market to try to make more BTC. If it's a decent amount, simply hold it long term. You can't go wrong going long with BTC. |
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wait satoshi wants us to pull down our pants  https://youtu.be/SMgzzF6XmEcSimon Dixon was at the 'Shape the Future' Conference in Hong Kong where Craig Wright shares his thoughts on Bitcoin Cash. Simon Dixon pushes for a direct answer on nChain and whether Craig will be working on Bitcoin or Bitcoin Cash as well as some questions related to Blockstream and bChain investors.I really don't see how anyone can seriously take this guy to be Satoshi He's a steaming pile of ass. https://www.youtube.com/watch?v=FIvqn87iAz8Excellent find guys. I was looking for videos on that meeting, and I finally see Craig Wright admitting that he is basically a Bitcoin Cash shill. Well, now we know who is supporting what and we have it on record, just in case the tries to backpeddle. Don't forget to download these videos, im sure they may try to take down the footage away from the internet. Bitmain has done this already, they took out an entire podcast because a Bitmain ex-employee revealed how Jihan Wu was supporting 2x only because he hated Core. |
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Its very simple. Chinese miners stopped spamming like they did for the last year.
I would say this is the case too... if you look at the graph, there are obvious inorganic amounts of growth all of a sudden, and it goes down again all of a sudden, this cannot be a coincidence of a ton of people starting transacting, maintaining this quota of transactions and then in sync all of them stop transacting.. that's just nonsense, so in my opinion it is obvious spam by the usual suspects (Roger Ver and Bitmain). And of course, segwit transactions are starting to go up, which is also helping the network. |
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Thanks for opening again @tokeweed
Tony Ferguson vs Kevin Lee winner could face Conor Mcgregor. On paper its looks like no one has the advantage, and both of them are in a winning streak. But I consider Ferguson all the tools and complete fighter against Kevin Lee. This is a exciting fight and could turn out to be a fight of the year candidate if the two will slug it out like they typically do in their previous fight. I really like Kevin Lee but he is no match with Tony here, its gonna be close but Tony will become the victor in the score cards. UD for him.
Im not sure about that. Conor McGregor said he wanted to fight again this year. He told to Dana White that he wanted Khabib on Russia after the Mayweather fight. Im not sure if he was serious or not, I guess hew as knowing how he is never scared to fight anyone, but what I doubt is Dana White letting him fight Khabib in Russia risking a fatal loss. Khabib is a beast, but you can never count Conor McGregor out. Ferguson vs Lee will be one of the best fights of the years nonetheless, unless of course, something happens and once again another big main card gets ruined. That would be the nail in the coffin for the UFC. This year has been so bad. |
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