Michael Moro, who is a CEO of a major crypto trading company, talks about how people who bought into Bitcoin at the beginning of 2017 at $1000, are now starting to sell their coins. Is this an indication of massive FUD? Is this the time where we should buy and take advantage of the FUD sellers? When did you guys first buy Bitcoin, what was the price of BTC and are you going to panic sell now? Source: https://www.ccn.com/crypto-investors-who-bought-bitcoin-at-1000-are-now-starting-to-sell/In my opinion it is redundant news. The point is that the panic sales have already started, and sells from 4k by owner and it doesn't matter from which price he has got BTC. It is as though, who bought BTC from 1k signed a contract to sell when the price fell to 4k. I don't understand why everybody are trying to find a reason behind drop, it is just decrease.
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In any case there is no stable value for Bitcoin and accordingly it is unknown where it will stop maybe tomorrow Bitcoin will be a worthless asset.. If you have invested as much as you can risk I recommend you hold it because already you afford to lose and there is also a chance of earning as much as the chance of losing.
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You should investigate the increase of volume. Probably you started to look after the price drop and still think it is the same. You should also consider the price drop so if you compare the price of the old 500k BTC with the current price maybe this is not enough for you, just try to calculate the difference with BTC.
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Hi guys, I just graduated from college and wanted to have a better income but didn't know what to do. I want to find a solution to get around this situation. There are just friends who invite businesses to provide income, and there are also those who invite to invest in cryptocurrencies. If you are in my position and faced with these 2 choices, which one will you choose: 1. Invest in cryptocurrencies 2. Opening a real business
Give me the reason why you choose between the one above
regards
You don't need to choose, you can do both to get more profits. opening a business while investing in crypto is not difficult. however, if you want to invest in crypto, you better read and ask people who are experienced, because investing in crypto is not as easy as imagined. I agree with your opinion. Depositing money to cryptocurrency can cause loss due to more risk. There is no agreement that starting real business will not make more profit without fail because of the low risk. But when you try both you split risk and if both fail, it means there is no escape from loss.
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How did you believe that Satoshi sold it? There is no evidence that this is Satoshi's address. Even if it was, there is no info about it being sold. Because roughly all of BTCs were sent to an address and it is still on hold. Also, even if it was sold, it was sent to the one adress as it would not affect the price. Therefore we can not see it as a reason of last price decrease.
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Crypto trading and bounty campaign is not profitable anymore like last year. Maybe you can try airdrop program and affiliate program.
The airdrop and affiliate program are no different. Instead, you can try ''scalping'' and ''arbitrage''. Scalping to provide less risky earnings with small pips per day. I have never tried scalping in cryptocurrency, but I know it works on Forex. Arbitrage is profit from the price difference in exchanges. Considering the current price volatility, there is a great chance of profit with arbitrage.
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Swiss Bitcoin ETF has been approved and SEC ETF will be approved in December and there is BAKKT coming in December 5th, Bitcoin will Bull Run this year, this price drop was a chinese dump, nothing to scare, we are going to moon this year! BTC Core!
These developments may have an impact on the price. In my opinion Swiss's positive decision about Bitcoin will be effective because of the large banks in Switzerland. But as far as I remember from the past year, new year in China had caused to a price drop and there is no guarantee that this year will not be and we also need to calculate this. Anyway positive news should make psychology ineffective and next we can see prices everyone expects.
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Doesn't SEC have control only on the American market sphere? If yes, How does it really affect the whole crypto market given that it's not only America involved in crypto more-or so most ICOs that were held were mostly avoiding investors from countries that seemed to have some tough regulations on them such as the US and China, to mention but a few.This means that most of them will get away with it. This reason for the current heavily bearish market doesn't add up.
If we continue with your logic, just having control in the American market should mean that Bitcoin's price should only go down in America and also BAKKT's positive decision about Bitcoin should only lead to price increases in some companies but not so.This is a global money and it is possible to reach wherever there is internet connection and any new development will have an impact on the price, even if there is no big news.
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Guys, what are your ideas about cryptocurrency arbitrage? I think that only arbitrage in cryptos can give more or less profitable trading without looses! Has anyone tried? Pros and cons? Can you recommend some trading platform?? Thanks!
No gain without losing. If it were as easy as you think, everyone would be engaged with arbitrage. It is necessary to move on time, even moving in time may not be enough sometimes. Finding the price difference may not be easy as you think. If you are looking for a program, you can use '' tabtrader '' which will help to find the price difference in big exchanges.
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Now the price has fallen to 5.4k and the support is not known. The reasons will be found, already it is easy to find persons or institutions to be blamed after fall. Maybe there was no reason, just some whales were bored. Recently everyone was talking about the price being fixed, this decrease can be evidence for the volatility of the price.
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If the resistance in 6k is broken and it doesn't recover in a time, I don't think price will resist too much. Because no one expected that it would fall below 6k, so if panic sales already begin and there is no power to cut it, it will go down even further. We all know the price will recover, but the decrease may delay it.
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just saw this pic ........ so why not a small POLL i know i'm a long term HODLER and believe BTC can change a lot, but @the same time i'm also always increasing (trying) my stash buying coins on the LOW etc to make more BTC's (as in investing to gain more capital) though i try to live with BTC as payment for stuff as and with poker playing (running some games in the forum) etc... so i use BTC, but HODL the most..... how about you guys , GOING FOR QUICK RICH CHANGING THE FINANCIAL SYSTEM (i just think i would like to always keep most of my BTC holdings,@least 50% , and like to transact in BTC for payments between friends and services, so i go for changing the "financial" but i do like the money/btc making part as well offcourse) Acceptance of Bitcoin which anyone like you can get and hold it easily will not be easy. Imagine how many people in the world are and how many people own Bitcoins. In this case even if the government obtains a few, will be in the same position with you. Surely I know that if it will accepted by governments there is no need for the government. But will the government transfer their power to you? I am on your side but it looks so hard.
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Sometimes predictions are not references, but we as humans must be smart to take a stand to do their own research, based on their own thinking, but sometimes these predictions are also right on target, all depending on how they carry out their own analysis. I found this site because I want to know how the development of bitcoin prices in the future.I hope, reading this site is only your knowledge, and not your guide, but you must do your own analysis in accordance with the thoughts you have read.Well, what are your conclusions with the predictive news that I shared? Most cryptocurrency experts are confident that in 2020, Bitcoin will continue to dominate the market for top-end cryptomonet.
Given this, I think that the price of Bitcoin, within two years, will grow by 200%, so by November 2020 it could be $ 14K-15K.
P.S. Who three times boldly predicted the weather and guessed, in the depths of his soul, he slightly believes in his prophetic gift. Friedrich NietzscheWhen Bitcoin was 20k, everyone had estimated 45-50k$ price for this year. Therefore it is difficult to predict a long-term price from regular way in crypto trade. Because the price doesn't have a regular movement and even a small move can influence the price movement. In this article they just calculated the average prices of the prices and estimated. If it is so easy why do so many people lose money?
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Low volatility doesn't mean stable. Bitcoin has experienced periods of low volatility many times, however this doesn't mean bitcoin is stable, not even close. We all know it doesn't take much for bitcoin to explode, either up or down. That's absolutely still in the cards, I mean everyone is waiting for the next bull run and some people are waiting for a big crash.
It's like saying, this bomb is stable because it hasn't exploded yet.
Completely true. Everywhere i look everyone talks about being stable as if it would be useful to be stable. Even if the result of the explosion will bad Bitcoin will recover again. Just because everyone has compared Bitcoin to the previous year and they have come to this conclusion. Before reaching this conclusion need to investigate thoroughly.
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When Bitcoin and other crypto-currencies first came out, everyone were saying that it was for the people to get their financial freedom. Now, it seems like it's being taken over by big financial institutions. Should we be worried?
Whoever wants Bitcoin, he or it can own. The question seems very amateurish, so if you can get Bitcoin from any exchange today without any problems, so there is no difference. If the problem is related to being expensive and if you didn't get it when price was low, then you must agree that the issue is about you.
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In trade the number of gainers is always equal to the losers so your earnings is the loss of any one. Also finding the direction of price in crypto trade is not easy and another reason for loss is mobility. Even if you know more than anyone in the world, losing is valid for everyone.
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what would you do if a newbie said he could develop your money and he asked you to invest money in him ?
If creating a newbie account is not as easy as today maybe I can try. In fact it is not possible to trust anyone in the online world and in any case you need pledge on whatever rank is. If you have valid pledge you can prove yourself. Otherwise no one doesn't believe you and you can even be blamed.
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It will not continue for long. This stagnation will finish with a big explosion which is unclear to anyone. Due to no one knows what the outcome will be everyone is on hold and any changes can determine the direction of the price. The price of bitcoin has not shown any significant rise or drop for almost two months now. What do you think could be the cause. Or do you think at long last bitcoin is going to be stable.
How is it possible to keep Bitcoin stable? Maybe exchanges can use limits but I think they will not do because of the decrease of earnings.
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In the past two months, bitcoin's fluctuation very small except for 10/15 accident of USDT, which caused a sudden & incredible price increase of bitcoin/eth, at the same time, many investors dumped their USDT & bought bitcoin instead - hence in fact, bitcoin took the responsibility of acting as a stablecoin, which is very interesting.
Why did they change to pursue bitcoin in such a panic situation? Which kind of true value bitcoin can bring to them? Will bitcoin turn into a real stablecoin in the future? Is it possible for bitcoin to be a popular tool in the payment industry? .....
I don't think that Bitcoin has a responsibility to be stable. The stability of Bitcoin is contrary to its nature, only edge interventions can make it stable and it will not continue a long time. We didn't see a big price change, it was just a minor change. Happenings only caused a small price change and afterwards everything returned back.
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Bitcoin and the blockchain have been presented as the future for a decade now, and it turned many of those who found out about it early into millionaires. Some rank these two as the greatest inventions of this century: cryptocurrencies, of which Bitcoin is only one, and blockchain, the record-keeping technology that underpins it. Is the prediction of bitcoin's strong future coming true within the next few years? Is it too late to have a chance in getting wealthy through Bitcoin?
It depends on the future behavior of Bitcoin. But after 10 years I don't think the price will increase like the previous 10 years. Because when it was created, the price was too low and nobody cared, but the current situation is different. Now everyone's eyes on Bitcoin and there are a lot of people trying to destroy it. You should not think of Bitcoin as a hope for wealth. Price volatility can make you poorer.
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