 "Cryptoassets have potential. But for them to realize this potential, institutionalization is
needed. Institutionalization is the at-scale participation in the crypto market of banks,
broker dealers, exchanges, payment providers, fintechs, and other entities in the global
financial services ecosystem. We believe this is a necessary next step for crypto to
create trust and scale." https://assets.kpmg.com/content/dam/kpmg/us/pdf/2018/11/institutionalization-cryptoassets.pdfThis report was probably done before all of this bear started once again. Do they still think crypto assets are a big deal? That is the difference between digital and traditional. When in traditional markets you can reach to a CEO for a comment on some markets and they can give you an interview and tell you what they think about it and the markets will most probably be the same or at least early stages of some run. However in digital markets (aka the crypto assets we are talking about here) can change so much during this process it can be 50% drop in the price. During the asking a question, getting an answer, doing an interview, publishing it, it takes at least 20 days and in 20 days bitcoin went from "it has been stable at 6.5 thousand range" to "it has gone mad again" which could change viewpoints of people. |
|
|
|
What are your opinions?
For a long time I thought BTC stabilized at $6400, then boom!
I would like to get some views to help me decide what to do.
It has been a wild ride (to put it mildly!) It can be scary.
It can be a little bit scary for some now, but the truth is there is nothing to be scared about. It is a market and trust; no one knows how low the market would go. Stability is obviously not something anyone should be expecting with this market, but the most important thing is to understand that this market has really tapped out from the previous ATH, and this seems like the easiest way to be getting into the market for the long term, while keeping in mind that it is a volatile market, but no matter how it falls, it can't be that too low at this point, that it will really affect you hugely and even at that, you just simply buy more. |
|
|
|
|
I think it is most likely a manipulation. I think this hash war deal happened but it shouldn't have affected the market this much. I think it happened and a lot of the price drops caused by the hash war going in between the Craig Wright and the bitmain dudes but afterwards when it dropped there was a lot of people who were scared that bitcoin is dropping and a lot of people who took advantage of this situation and bought a lot of shorts on bitmex to make even more money on the drop.
That way those people made money not only because they shorted but also because they did not spend too much money on dropping the price with manipulation since the hash war and panic sellers did that for them but they tried hard to keep it low. Right now there are a lot of rich people thanks to the price drop.
|
|
|
|
I do not know how much their thoughts will be fruitful. But I do not want to see the condition of the market.
I'm just waiting to see just one bull run in CrYpTo.
Well, bull runs do not just happen overnight, and it is this bull run for no reason at all other than greed that has turned this market to what it is today. The condition of the market right now is favorable for those who want it to be favorable for them. In life, opportunities tend to come a lot, but the funny part to it is that as some are seeing the opportunity as one, some are seeing the problem in the opportunity which is why at the end, they always miss out or make the wrong moves all the time based on their emotions and until they discard some attributes before they can make anything out of it. |
|
|
|
I'd think that crypto currency and blockchain is independent with each other. Blockchain technology is just a means of distribution, record and other good stuff that could be applied to other things not just crypto currency. I just hope that we see more and more innovations on both crypto currency and blockchains.
Actually, I would say cryptocurrency is actually dependent on blockchain technology since that is the technology which it is laid on anyway, but blockchain technology is a technology on its own, and with or without cryptocurrency, it will always thrive. We all know the rate at which blockchain technology can be applied to a lot of things when used in real life or implemented, most especially when it comes to transparency and accountability which is what would actually be disrupting the way things are done basically in most sectors and in this case, we are already seeing it disrupt the financial sector. |
|
|
|
The cryptocurrency regulations help the cryptocurrency grow better, which shows that the government recognizes the future of cryptocurrencies. But cryptocurrency regulations may be difficult to achieve quickly. It may take years.
That is certainly one thing I know we cannot in anyway hide away from considering the fact that the government will always want to at least have some form of control, and if we really want this space to get more matured and grow, there is certainly a need to see some form of regulation in place. That still does not stop it from being a decentralized space, but at least when it comes to how things are being done as we know the extent at which people are bastardizing the space, it is something I believe for the purpose of it thriving, it definitely just have to be regulated. |
|
|
|
Actually the current situation is very appropriate to buy coins or tokens, because the price is quite cheap.
But you also have to consider what coins or tokens you want to buy first. Because not all coins have good long-term development.
When it comes to the current situation, a lot of people usually do not know it is a good thing to be accumulating as this is the stage for that, but instead, they are always busy complaining of how much they have lost from joining FOMO. Well, the thing is that you are not losing until you have sold for loss and in most cases, even if you are losing in the books compared to other currency, all it takes is just some level of patience and then taking advantage of an opportunity in what some people keep seeing as a problem. A cheap price is always something to take advantage of and just like you said, as long as there is long term potential for what you are holding on to. |
|
|
|
in my opinion, what makes a valuable altcoin is how the project is defended if their project grows, of course, traders and investors will glance at the coin so that with the increasing number of people hunting for the coin, making the altcoin more valuable.
I can see a lot of people are trying to factor out their own reasons, but the major reason when it comes to any coin at all is the product and when you are talking about this project, you want to be considering the solution this project brings into the real world, how people will end up perceiving it and using it in the long run as this is the only thing that would bring in huge demand for it, and of course, cause an increase in its value over time which will end up sustainable and not just end up as one other pump and dump material. Value is just what people can make use of and what really helps them in their daily lives. |
|
|
|
Early this evening I was at a friend's housewarming party and I overheard a couple of his other friends talking about cryptocurrency. Since I do not know any of them, I decided to lurk behind and listen. One of them explains what cryptocurrency is and how it works until the whole conversation turned to the industries that will benefit from it the most. The group suddenly went quiet. I think they are lost. So what do you think? If more and more companies start accepting bitcoins and altcoins as payments, which sector do you think will benefit the most from it? The first thing that came to mind is supermarkets, simply because it is the one that most people frequent to. The other thing I could think of is the automotive industry as well as real estate. But what do you think?
Trade is the main engine of the economy of any country, whether external or internal. The remaining sectors only complement it. And of course the development and introduction of technology. I think finance has been getting their share of benefits thanks to increases and decreases in bitcoin and crypto in general because of the interest risen in people that makes them call their banks and request information about it. However aside from finance there is a lot of options for both cryptocurrency and blockchain solutions. First of all blockchain solutions have been getting more and more popular each day and getting more and more common however there has been a lot of discussion about what cryptocurrency itself can help out. I think with mobile apps and payments with QR codes are really the play here, if they get more popular I think brick and mortar stores who are having trouble with online sales can defiantly use bitcoin and cryptocurrency to attract more and more customers easily just because of the popularity of it. |
|
|
|
I believe 2019 will be the key year for the development of Bitcoin, altcoins and the cryptocurrency market as a whole. Recognition of cryptocurrency by the banking and financial communities, the infusion of institutional investors' funds will raise the crypto sphere to an absolutely new level.
I dare to suggest that by the end of 2019 the capitalization of the crypto market will reach 2 trillion US dollars.
It actually looks like a lot of development is already popping up and there would be a lot of decisions that will be made in the coming year, which in no doubt I believe will be good for the space entirely, and coupled with the fact that most financial institutions are now really looking forward to every means to be a part of this space. I believe we will get to see the ushering in of more smart money into the space, which I so much believe they are here already and has been accumulating the dips the OTC way, best to not just miss out on the flight for a common man. |
|
|
|
The fewer investors will decrease the market price. The market price is influenced by the volume, therefore we must convince the public to believe that bitcoin is very influential for the future.
One thing is that a lot of people do not tend to correlate things in a way that is realistic and they just tend to see it the way they understand. How will exchanges be increasing in number when they have no user at all on board or if the users are not increasing? i can remember the number of times the likes of Binance decided to close registration simply because they could not handle the number of users at that period of time and then had to upgrade before commencing new registrations, so for someone to say investors are not increasing, he might need to rethink that pretty well. |
|
|
|
You can earn 5% interest per month in the crypto market if you have the knowledge and experience in trading then it is not difficult.
If you have time to research carefully the new coins or tokens, then it will be profitable and not bad.
5% per month is actually nothing too hard to come by, as long as you know what you are doing as a trader, and you are not approaching the market without a strategy at all. What is important is to know the pairs you are trading, stick with a strategy and execute them pretty well without any emotion, look for a market that can easily go well with you plans and then you will see yourself doing pretty good over time. However, this is not something that is impossible, considering the fact that in some cases, you can even make more than that, but when you are realistic with your potential earning, it is always a better thing than being too off the board. |
|
|
|
I am also disappointed with the market situation. Many predictions have become lies. Without more support from purchasing power, the bull market is still far away from us!
Let me ask you one question, and if you are going to be fortunate to read this next, I want you to answer it with all honesty. With the market situation that you are disappointed with, with the predictions you have been following, how do you think that is working out for you? I think it is high time people started seating back to ask themselves some reflective question on where they are actually getting it all wrong. This is a market, conditions like this are normal, but because a lot of you are simply just looking for quick ways to get rich, and hop in based on the predictions you see by joining FOMO, without even getting to understand the market and doing your own research, you get stuck in a mess, and instead of realizing that, know you have made some mistakes, make some amends by taking advantage of the price for the long term, you get frustrated for nothing. |
|
|
|
I think achieving an all-time high is not only depend on such development like halving but also on some positive factors that may cause investors to buy more bitcoins. There are many players in the cryptocurrency market and they only waiting for the right time to pour their funds again on bitcoin. But such "right time" might also take time to happen because certain market conditions are not always favorable on them.
True! Over the years, halving have always brought about a huge increase in the value of bitcoin anyway, but at the same time, the fact that a lot of development would have taken place possibly before then; there is a huge chance that we may be seeing a huge growth over time in the long run. I am so optimistic for the future and extremely bullish anyway, as I know that we have not even hit the level of a huge adoption yet and pretty much that is something we will get to experience eventually in the long run. With or without halving, the chance of seeing the market grow in value is always there. |
|
|
|
When I started trading , in my mind always I was getting negative thoughts (or thoughts which made me to reverse my decision) , I saw a article about trading psychology where he had mentioned that before stating trading do meditation for few months as it really changes the way of your trading , after that I started meditation now after 3-4 months , I am able to control negative thoughts and my concentration as improved a lot
Meditation is not a bad idea, but you really do not want to be meditating alone, thinking that is all it takes to be a successful trader. Sure, for most part of it, you really want to try as much as possible to build a confidence within you, but the most important thing when it comes to having to gain that confidence first is to realize that in most cases, you actually need knowledge and then with that knowledge, get to build a plan for yourself, and it is this plan that will always guide you in every of your trade. I understand trading has some level of psychology, but there is a lot knowledge will solve as well as practicing than meditation. Sorry I do not meditate before trading, I have my plans, I execute them and I am doing pretty well. |
|
|
|
Normally, trading itself is not even something you should always expect 100% win, strategy is just there to guide you. I know so many people who have made the mistake of thinking that once they have the knowledge and strategy, they are already set for big wins, but it is trading, and you are only taking advantage of possible fluctuations, so you really want to put in mind that losses are also possible, but how you are able to manage them is what would determine how good you tend to do eventually.
True! I tend to think sometimes, a lot of people always never get to know that beforehand that losing is also part of trading and that is why you need to know that to be able to know how you can always manage the reward and the risk anytime you are trying to make a trade. Like you said, with strategy, and TA, they are more or less like a guide to anticipate what the market is possibly going to bring, set a trade for yourself based on some price action and your strategy, and then know what you are looking at when it comes to setting stop loss, where you are picking your profit and where you are getting in. |
|
|
|
We have seen this in 2013 in bitcoin. Please look at the bitcoin in 2013.
in 2013 bitcoin has seen over $1000 and dropped in December of 2013. (Bear year began)
in 2017 bitcoin has seen over 18,000 and dropped in December 2017 ( Bear year began)
in 2014 Bitcoin dropped more half of the price and never covered all-time high in 2014,
in 2018 Bitcoin dropped more than half of the price and still did not come back to where it was in 2018.
in 2015 Bitcoin has seen the lowest price until October 2016. ( Bitcoin has seen $200, A significant drop from $1045.)
in 2019 Bitcoin probably will see the lowest price until October 2017. ( $5000 )
In 2013, December Bitcoin has touched $1045 and went to $694 the same month but, in January 2014 bitcoin has seen $824.
in 2017 December Bitcoin has seen $18.000 and went to $14,000 the same month but, in January 2018 bitcoin has seen $17,000.
EXACTLY SAME THING HAPPENING RIGHT NOW!
according to my prediction bitcoin will keep losing value until October 2019. It is because according to history bitcoin always and always begins to rise in October and in November months and hits the all-time high in DECEMBER
Probably we will see, $5000 in March or in April 2019, and October or November of 2019 bitcoin will begin to rise. Please look at what happen bitcoin in 2013, 2014, and 2015, 2016.
All bull years begins in January of years and ends December months. The reason bitcoin failed this much is because the bitcoin investors know that bitcoin is coming to bear season ( "cashing out season")
There is no any effect about bitcoin news etc. in 2017, there were so many news about the bitcoin but bitcoin never ever effected from those news.
in 2020 a Bitcoin can be 100K or 250K. I don't know, but I know is Bitcoin moves with the percentage.
in 2013 from $13 bitcoin has risen almost 80 ($13x80= $1045) times that year and reached $1045.
in 2017 from $1000 bitcoin has risen almost 20 ($1000 x 20= $20000) times that year and reach $20,000
As a result, bitcoin will rise again, and once it rises it will be sky high.
How many people knew about bitcoin in 2013 and how many people know about bitcoin in 2017.
WE HAVE SEEN THIS MOVIE BEFORE IN 2013 AND IN 2016, BITCOIN WILL RISE AGAIN, BECAUSE of HISTORY ALWAYS REPEATS ITSELF.
It is still all a speculation though, but you did not place some facts in between where bitcoin actually made some few attempts upward before finally coming back to settle lower and then consolidated for a while before starting another uptrend entirely. However, it is just the way things have been, and history always have a way of repeating itself, but in the end we have to understand that a lot of things have changed, development is happening pretty fast, and what we are expecting may not actually tend to become a reality, so all in all, it is all just an anticipated guess, based on past occurrences. |
|
|
|
I think bitcoin can reducing poverty in the world if bitcoin system applied in monetary system. Fixed supply money and transparancy in ledger will reducing inflation and reducing corruption. I am believe source of poverty is corruption
I really do not think bitcoin itself can just help reduce poverty in the world, and even if it helps some people out economically, it is just going to be the few that are early adopters in terms of the value increase in the long run and that is if they are still holding till then. Bitcoin is not just going to perform some magic and simply just make everyone rich, and considering that as we keep approaching mass adoption, the more stable and matured the market gets, so at the end, it will all still be limited to those who are able to tap pretty fast into the future. |
|
|
|
US and global markets are looking shaky. Probably things will recover in the short-term, but a long-lasting global recession doesn't seem far off. There are good reasons to think that it might be even worse than the "great recession", though you never know. How will this affect the BTC price?
On one hand, a lot of people might want to sell their BTC and move back to traditional investments while they're low, especially if they got into BTC in the first place as a way of getting better return-on-investment vs already-peaked traditional investments. On the other hand, people might lose faith in the fiat economy entirely, especially those who have already taken the step of buying BTC.
Everyone has the same logic. If dollar goes down and the devalued then bitcoin will be higher. However, they are all missing out on the point of what economic recession does to a population. If you do not have any means to survive and have a life or live paycheck to paycheck I can promise you that you will not be looking at your bitcoin wallet and think how rich you are and just be happy with it, you will sell it to give yourself a break. You can't think that just because bitcoin gets valued higher the more dollar devalues you could consider an economic crisis could potentially increase the price even more. You will not have public that has money to invest because they will all need it, you will not have whales who invest into this because they will have troubles with the banks and you will certainly not have wall street dudes trying to get more bitcoins. When you do not have any buyers like that why do you even consider that price will go up, you need buyers in order to get the price higher whereas there will be more sellers instead because people will need money. |
|
|
|
A friend of mine told me that his dad (successful investor) their prediction is that there will be a economic crash in about 1.5 years from now. I think that it could be plausible.
Now what if it happens somewhere around that time. A lot of stocks will go down, also the house market will go down into the ground and buying a house with a mortgage will be with sky-high interest.
If and I say IF it happends will it be a good idea to buy bitcoin before the crash or will bitcoin crash like the others. There are a lot of factors going on. Like Renting a place out for the BTC miners ECT it will have a expensive tag to run and operate the blockchain during a crash.
Anyone any toughs? Also where are you going to put your BTC/cash into?
[im g]https://image.ibb.co/gc2KMV/housemarket.png[/img]
I mean just look at the house market here in the Netherlands. It skyrocketed so fast.
EDIT:
[im g]https://ibb.co/dSvwmV[/img]
Lets take a look at the stock market from all over the world. This is a period of 52 weeks (1 year) as you can see almost all market exchanged went down some points. Except for a few e.g Russia. What russia has bin doing the last decade is buying 200 tonnes of gold every year. I'm not a economic guru, but I can safely say that this is not okay.
 Your dad's friend indeed. No one knows what will be happening in the next 1 second, let alone in the next 1.5 years, no matter how successful they are as an investor, and I wonder why people always love coming up with some crazy predictions, probably to say, I told you so, if it peradventure happens or simply say, some factors were put in place, that made it not to happen, right? However things turn out, it is always a good thing to diversify so as to spread risks even if you are not anticipating a global crash which is something I do not believe will happen anyway. |
|
|
|
|
Show Posts
