The house always wins because even if a player wins one or two games he will be losing in other games. The fact that lower odds are provided or a team is tip to win doesn't mean you will win.
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The perception or misconception that fiat currency need to go out of the system before bitcoins can gain grounds need to be debunk by any bitcoiner. Bitcoins need fiat currency in order to stand since many deposite and withdrawal of bitcoins finally ends up as fiat.
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Panic selling is what most investors do when the market is bearish as things get worse but I think if you understand the game of crypto market you will be able to hold for long term regardless of what happens temporary to the market.
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Confirming signature Application #22
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I agree that bounty is still relevant! You accumulate your tokens and in a year or two tokens can become very expensive!
This is an investment of your work in the future.
Bounty is not relevant of late as the results of bearish market that has hit the all major coins. Even if you accumulate any coins through bounties, and you lucky to see it get enlisted , the early bird that enjoyed huge bonuses will quickly sell off before you, thereby reducing the price of it.
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I doubt that any person or group of people can manipulate the price of bitcoins due to the huge market capitalization and different people holding it with different goals.
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Many crypto investors sooner or later dream of launching their own coin after involving themselves in few ICOs. The results of cheap launching of own coins through smart contracts like ether, neo or stellar has contributed to the numerous scams in existence.
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In crytpocurrency, everything is about speculations base on what people think a coin is worth and I don't think any analyst can make accurate prediction on bitcoin next price movement.
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The lack of regulations in the cryptocurrency business is the main cause of hype of ICO which turns out to be false or scam after raising so much funds from investors. Introduction of regulations before investors contribute can help reduce hype in ICOs.
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With such a huge capital you should have invested it in trading rather than putting all your eggs in one basket.As I always tell my friends and family never to sell of their property or take loans to invest in crytpo because of the risk involve.
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The 4000 USD is a proof that bitcoins will rise back again. If it has driven down the way to 2000 USD then I know hope will be lost for it resurrection yet it was able to bounce back from 3800 to 4000 in a short period of time.
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Bitcoins is not like ordinary crypto project where budget is allocated for marketing and promotion yet it sells by itself and every cryptocurrency has tied to bitcoins which is more or less marketing for Bitcoins.
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Mass adoption of cryptocurrency will only give way for increase in demand which will help price to surge and the more many people understand crypto uses as utility functions for their product and services the better the crypto will be attractive.
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As the price of crypotcurrency has reduced it is now to buy more for future use. The comparism of the growth tree to investing in bitcoin now is the best analogy anyone who lack faith in bitcoin need to adopt.
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There is a believe in bitcoin by almost all member on this forum. Bitcoin and cryptocurrency is all about speculation and it only believe that makes it as a religion by its members having faith in it.
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Bitcoin control in the market is so huge that a few group cant manipulate it price. The price of bitcoins depend on the supply and demand of it but not manipulation from third parties.
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If your story is true then I guess you took a finanancial advice from someone who isnt professionals. That is the newbie problem , to make more money very early in his cryptocurrency adventure. The best is to get courage and hold with it for sometime and see what the market has to offer you.
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This is true that only 1 percent hold it making it capitalism. In real world , capitalism controls our normal economic activities and as bitcoin is part of the economy, it will experience the same capitalism.
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For Bitcoins to rebound to the price of 4000 USD again means there is hope for improvement. Improvement will be seen more clearly in the early months of January 2019.
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This is FUD and I think this are the things that make people panic sell. if it reaches 50 USD then we are dead since most people with fate in the second most like cryptocurrency will get fedup.
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