None - I repeat none - of the alts can survive let alone prosper without at a minimum a stable price bitcoin.
Bitcoin is the brain - if it dies so does all else
What is ETH then, a kidney? Going the other way, this analogy seems to imply that any of the alts are actually important for bitcoin. |
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What percentage of bitcoin users are in south korea??? Subtract that percentage from the price.
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What do you mean "starting to take off". It already increased by multiple orders of magnitude within the past few months and is the #2 market cap coin. It's a little too late for 'starting to take off'.
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This chart looks like there's a bull sneaking around in it.
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I think $20 is a little too bearish unless the protocol was broken and even then a single person would probably buy all the coins at that level.
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I dont think there will be any doom. Just a healthy and normal correction to $5500 with a bright future afterwards. We were just at $1000 so $5500 is a very bullish level
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I have a permanent cold storage position that ive hedl for years, a daytrading bankroll, and then withdrawn cash that will never see crypto again.
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Bitcoin is already used as the base currency for altcoin trading at every exchange. Nothing happens on chain and it's all in exchange accounting.
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To trade most 'efficiently', only do very short term trading on days of extremely high volume. Get in and out of several positions within minutes, make your 100% profits, and then leave. Then watch everyone else wasting their time making the same profit you did in one day but over one year of watching charts and losing sleep.
TA is also much more reliable on short timeframes too. The chart on long timeframes is unpredictable and based on news events whereas the chart on short timeframes is like a form of physics where TA applies. By trading on a short timeframe and being in for minutes or hours you dont even have to know anything about what you're trading.
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When is this blizzard on the chart going to let up? It's been going on for a month and is giving me lag.
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I dont like this latest daily candle for bears. It could mean we're going back up or that we need to bounce off of 16k again.
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I thought homosexuality was epigenetic or something that happened while you were in the womb.
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Blockchain is not the future. Blocktree is.
It's not possible to create a decentralized digital currency. They're all Rube Goldberg machines designed to centralize that the state will then co-opt and use to empower themselves to try and reduce monetary freedom, increase tracking, and eliminate cash. All digital currency is garbage. They are not "money", they're IOUs you hope someone will make good on. The only place wealth can be stored is in the physical world, whether it's gold, silver, oil, wheat, land, or what have you. roach my comment was about the best data structure to run a digital currency. Whether it is centralized or decentralized is irrelevant. There is still an interest by banks in digital currencies even without decentralization - look at ripple. |
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If bitcoin price drops, that means others will exchange less fiat money to you for bitcoins during that time.
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Guys... A volatile market is THE time to do daytrading. Without volatility you cannot daytrade.
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Blockchain is not the future. Blocktree is.
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1. Tether can collapse.
2. If you are bullish on the long term of btc, then a fait position is not good as you risk losing your btc position.
3. There is far more volume on btc pairs instead of usdt pairs so if you are a large trader you will not be able to fill your orders with usdt.
4. Most alts dont even trade against usdt.
5. You cannot use margin on usdt pairs at most exchanges.
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The hodling only works with bitcoin. Anything else can go to 0
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What the heck is a "share" of a coin? They're just "coins", not "shares". You dont own part of a company.
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