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1  Economy / Speculation / Re: Everyone is fearfull. Someone said this is time to be greedy on: July 24, 2021, 04:51:23 PM
A true believer of bitcoin will not going to hesitate to put any amount of investment even it is small from time to time because they believe that bitcoin was made for a long run and long term hodling. This is already proven and we've also witnessed the ups and downs of market price way back when bitcoin wasn't pricey enough compared today. In my case I am patiently waiting for the rising of bitcoin price again which I believe that it would be possible before this year ends, i believe that there's nothing to be fear of.
This is basically explanation of what I have been doing for years. I believe that bitcoin will be a huge thing in the future, it is already quite big and I really like it but at the end of the day we know it is not where it could be, it could be a lot more, a million dollars per bitcoin is not out of question at all and that means we are talking about 33x increase in price give or take, and I know not everyone can retire with 33x profit, I know we need more, but we could just keep on investing more and more into it, even if it is just 10 bucks time to time, that is going to eventually reach to a level where we will feel a lot more comfortable with, it is not going to be a million dollars each overnight, so we have maybe a decade who knows?

So, in that decade if we could put more and more money into bitcoin and some other crypto then we could actually have a chance to retire. That is my plan at least.

When you asset that a million dollar Bitcoin is not out of the question at all, did you do the maths before putting your statement the way you did? I am not saying it is impossible either, but it would give Bitcoin a market cap beyond $20 trillion. That is quite far fetched for now.
2  Economy / Speculation / Re: David Gokhshtein: Bitcoin Price Will Reach $80K on: July 24, 2021, 04:48:58 PM

The only advice I will give you about this is to be careful because these people (crypto CEOs/influentials) sometimes make prediction just to encourage the investors and every prediction that was done using TA/FA are not always accurate.
Dyor

I agree this is an open market although we have whales controlling it
The whales are no longer the market controllers but they are the manipulator while the institutional investors are the current controller. Having said that, according to the research did by a market trend examinator Willy Woo the major buyer/accumulator in the market are ordinary people who have at least 0.1BTC to 5BTC.

we are left to decide how and where to invest and who we listen to, some of these influencers are just leading you nowhere, you have the market, the fundamentals, and the news within your reach, analyze all of this and you can come out when and where to invest your hard-earned money, but of course only invest what you can afford to lose.
This will never happen because 95% of all crypto investors are more into profit than the technology not to talk about doing research.

How do you know what you are saying about whales? I think the whales will forever be mostly the exchanges. I have no clue, but I am quite sure that the five biggest exchanges control the vast majority of BTC by now. Just look at the volume and how many BTC they cash in on a weekly basis. Multiply that by 52 and you know what they could be sitting on. Low operating costs, almost every trade sheer profit. If they stick their heads together, you have a real round table of big fat whales.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: High discount in presale on: July 24, 2021, 04:46:41 PM
huge discount was not effective anymore in project, many investors affraid if by this huge discount price will dumped by whales investors.
Agreed, that's why some investors didn't even like the project that was using the big discount to attract the buyers. They were thinking this scheme was a shady scheme right now.
The real investors didn't even care about how much that will be paid as long as the project was fully active and it can make them all money in the future.
People just realized it after these scheme used by scammers to sell their garbage tokens.

Big discounts are always a red flag. Have you ever seen some bluechip company, a business with world class people and quality, throwing away shares at big discounts? If a project has a very convincing strategy and product there is no point in playing around with suspicious discounts. That's what projects do that already do have a plan, but the plan is not to make its investors rich! Wink
4  Alternate cryptocurrencies / Altcoin Discussion / Re: Did you really miss it? on: July 24, 2021, 04:43:59 PM
I also hope that new coins can skyrocket again. But I'm also worried that new coins will continue to fall due to the influence of the game on the market. At least the new coins can reach 5 (five) times is enough.
No, that depends on the project itself. The game was aiming for the people in crypto who interested in playing the game. How much ROI that will be achieved by such coin will also depend on the hype. It can be said if it's not all coin can reach huge ROI. the hype will be determining which coin that will be generating big ROI to the early investors.
The problem how can you get in the early sale when there were very big demand?

As we can see already the market shifts more and more towards passive income options although I don't know whether they are really that good. A lot of people like farming and liquidity provision although there is also risk involved. I also highly doubt that there will be other coins going for a 100x or even more like Bitcoin and all the other older coins did (Ethereum, Litecoin, Monero, Dash, etc...). Most of it will consolidate towards these established coins. Some will have a pump, but I can't think of a coin that might do a 1000x or even bigger than that.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: Which Cryptocurrency has best future? on: July 24, 2021, 04:40:21 PM
Cryptocurrency is digital money that isnít managed by a central system like a government. Instead, itís based on blockchain technology, with Bitcoin being the most popular one. As digital money continues to gain traction on Wall Street, more and more options become available. There are currently more than 5,000 cryptocurrencies on the market.

While you can use cryptocurrency to make purchases, most people treat it as a long-term investment. However, investing in cryptocurrency can be risky if you donít know where to begin.

Only trial and error must be felt by someone who just wants to invest in the cryptocurrency world if he doesn't have a partner with high knowledge. We can think of a result of the decisions we make, but in reality and after being applied, the results are not what we think. The high flying hours greatly affect one's understanding of how investing in the crypto world works.

This is not instant science, it takes a long time to understand how cryptocurrency works until we can make money from it.

But trial and error is also a good method to actually acquire knowledge yourself. In other areas, like launching startups and becoming self-employed, you are actually told to go for the trial and error method to become a better business man over time. I think that also applies to investing to some degree, doesn't it?
6  Alternate cryptocurrencies / Bounties (Altcoins) / Re: ✅[BOUNTY] LUNALAND 🚀 FLY ME TO THE MOON! 🚀 $150,000 pool! 4 weeks duration! on: July 24, 2021, 04:34:52 PM
Bitcointalk username:revilo
Link to Bitcointalk profile:https://bitcointalk.org/index.php?action=profile;u=105161
Name of campaign(s):Signature Campaign
BEP-20 wallet address:0xC177239bf3Baae641C77f4c42140C24F3E766948
7  Alternate cryptocurrencies / Altcoin Discussion / Re: Crazy Dogecoin run 100x in 2 years on: June 25, 2021, 08:51:26 AM
Did anyone else miss out on the Dogecoin run?
This is up 100x over a year or two, and it is still going higher.
Wow.
$40 Billion marketcap now, how high can this go?

I missed out completely and I will confess I didn't expect that in the slightest. I ask myself if this was mostly Elon, but then DOGE was already quite big when he showed up. Not that big of course, but relatively big for a meme coin and I thought that that on its own was already quite the achievement. Now what can you say seeing DOGE peaking at over $0.60? This is crazy.
right, when the doge experienced a pump, at that time the doge already had a good reputation, because there were influential people who led opinions against the doge, causing the doge to skyrocket. and currently the decline of doge is still at a normal stage, not a dump incident, i think this is a madness in doge

Oh yes it is getting dumped like hell. Losing 70% of its value within a matter of two weeks or so is definitely heavy dumping. Or is there any other term that comes to your mind? Even a correction includes the term dumping. This was definitely people taking profit and in addition people panicking and cutting their losses, especially if they bought at $0.60 and even more than that.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Is this a bad time for altcoins? on: June 25, 2021, 08:49:24 AM
yes, we have to accept the current conditions, the market turned red and the majority of the coins fell. could there still be a benefit in the current state, for someone who still has money in stock, maybe they use this kind of situation to buy, and expect the market to go back up. but for the people who are already trapped, maybe they can just shut up and endure. It is also possible that they will sell their coins, because they are still afraid the market will fall even deeper.
Those who sell their coins for fear that the market will fall even further are people who do not have extra patience, because if they sell them now, they will automatically lose because they bought at a higher price.

usually amateur traders who always take the wrong action for fear that the market price will fall deeper, but if their coin is a potential altcoin they should be able to wait for the right time to come back even though it takes a not so short time

If it's really a good project then time will come that the coin will pumped, it's hrd to predict the exact time but the possibilities
always present,

You need to work deeper as the volatility really hurt your investment if you failed to catch the right asset to support.

Most projects still lack real life use cases, like use cases that really bring benefit to its users beyond just sending value from A to B. That's what they all offer at different transaction fees and speed of course, but it is time to see some use cases in action. That's still too rare.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Will stable coins take control of Bitcoin as crypto adoption in the future? on: June 25, 2021, 08:47:46 AM
It will impact in many ways, the role of stablecoins in this market has been an integral part. 
I think stablecoins will have a positive or negative effect depending on the current market trend.

The market trend has absolutely nothing to do with the situation of stable coins. I would love to hear your reasoning that led you to your post... Nah, better keep it to yourself.

Stable coins are a perfect bridge between crypto and Fiat and they will be forever. Just the technology that those stable coins are based on will vary and change over time. There are already several approaches to providing a stable coin, most of which are centralized.
10  Economy / Speculation / Re: Btc down trend are started ? on: June 24, 2021, 10:33:07 PM
Haven't we've seen bitcoin goes down trend for so many times and it hasn't recovered yet that we've been to the ATH. I think it's a good choice that you're looking to bitcoin if it's starting to go down because you'll have the opportunity to have it while it's going down and its price is cheap.
Whether you like it or not, if we see bitcoin goes down, it shall return and recover later on and that's why don't be scared if you happen to see bitcoin corrects again.

What do you define as a trend? A short time span of a week or a month? I think Bitcoin is still incredibly well on track to grow further. What we've seen this year so far was remarkable.
A week shall be enough for a trend but it can take effect until a month. You're right about bitcoin, it's always been like that. You see it pump and then you'll see it dump.
But whenever it's going to dump very hard, you're going to see it recover soon. That's how bitcoin resiliency is, as we're all knowing how it recovers quickly once it corrects.

It depends on the trend you want to look at. Your sentence doesn't make sense. If I want a short-term trend I look at shorter time intervals. If I want the long-term trend I look at longer time intervals. The long-term trend of Bitcoin is clearly positive, we came from around $8000 and went up to $65000, now we are at $35000. Overall a positive trend, but if we look at the short-term trend one could argue we lost almost 50% while the long-term trend guy might say we gained over 300%. Question of what you want to look at eventually.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: Will stable coins take control of Bitcoin as crypto adoption in the future? on: June 24, 2021, 10:30:24 PM
I think no, people are hooked up into crypto because the volatiliy of the coins is so agile. A stable coin adoption could be possible but i think not so many people will use it as a daily transaction method due to already many digital wallet that already there nowdays. So i think the unique things about crypto that hooked many people are their price are volatile and people are loving it.
They want to make fast money from the volatility and they will try to search for profitable coins because they know that the stable coins can not give them the profit.
Stable coins help them reduce the losses that can happen anytime, so when they see the price is down, they will convert the coin to stable coins.
Maybe people can also use stable coins as the payment system because the price will not have too volatile compare to bitcoin and altcoins.
The volatility of the bitcoin and altcoin tempt them to make money and convert it into stable coins to save their money.

No, when they see the price is down they do NOT convert to stable coins. They convert to stable coins when they see the price is high and could drop. If you think the price is low you want to get out of stable coins in order to reap the benefits from any increases in coins like Ethereum or Bitcoin.
Some traders do that to save their money value because if they still hold while the price is going down, they will see the value will follow down.
But if they convert it into a stable coin, they can buy back with more amount instead of just seeing the price is going down and decrease their money value without doing something.
But well, every trader will have their way to prevent the loss, but the stable coin will not replace bitcoin adoption because people will see bitcoin for the first time than to see stable coins.
People join in cryptocurrency because of bitcoin and not stable coins.

Stable coins are a tool for Bitcoin to see more adoption, not Bitcoin is a tool for stable coins to see more adoption. Stable coins are so far a centralized necessary evil to get cryptocurrencies into the mainstream. Bitcoin is tool volatile and it can't be expected that volatility will go down anytime soon. It may not go down forever because it is a traders' toy by now. You can short it, you can leverage it, you can lend and borrow it and what not. It just isn't stable enough to meet the requirements for a daily medium of exchange.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Will stable coins take control of Bitcoin as crypto adoption in the future? on: June 22, 2021, 12:55:10 PM
I think no, people are hooked up into crypto because the volatiliy of the coins is so agile. A stable coin adoption could be possible but i think not so many people will use it as a daily transaction method due to already many digital wallet that already there nowdays. So i think the unique things about crypto that hooked many people are their price are volatile and people are loving it.
They want to make fast money from the volatility and they will try to search for profitable coins because they know that the stable coins can not give them the profit.
Stable coins help them reduce the losses that can happen anytime, so when they see the price is down, they will convert the coin to stable coins.
Maybe people can also use stable coins as the payment system because the price will not have too volatile compare to bitcoin and altcoins.
The volatility of the bitcoin and altcoin tempt them to make money and convert it into stable coins to save their money.

No, when they see the price is down they do NOT convert to stable coins. They convert to stable coins when they see the price is high and could drop. If you think the price is low you want to get out of stable coins in order to reap the benefits from any increases in coins like Ethereum or Bitcoin.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: Is this a bad time for altcoins? on: June 22, 2021, 12:53:30 PM
yes, we have to accept the current conditions, the market turned red and the majority of the coins fell. could there still be a benefit in the current state, for someone who still has money in stock, maybe they use this kind of situation to buy, and expect the market to go back up. but for the people who are already trapped, maybe they can just shut up and endure. It is also possible that they will sell their coins, because they are still afraid the market will fall even deeper.
Those who sell their coins for fear that the market will fall even further are people who do not have extra patience, because if they sell them now, they will automatically lose because they bought at a higher price.

It is not always about patience only, it could also be about necessities. Some have invested more than they can afford to lose. For them it just means calculating what kind of loss they can bear. Kind of like a mental stop loss barrier. If we reach certain points, some investors will be forced to sell no matter what.
14  Economy / Speculation / Re: Btc down trend are started ? on: June 22, 2021, 12:52:01 PM
It started before you even knew it. The bear market has started, but that won't make the price of bitcoin fall very deeply. so far bitcoin's resistance point is at 30k, and it's been a few weeks it's still holding up. this proves that bitcoin is still quite strong. maybe this situation will last a long time. bitcoin will go up and down between 30k to 40k.
So far resistance point is around $30k and in case of going below this point, $25k can play the support line role. Unless something bad happens, the market is not going down below $34k and the chances are higher for the upper side direction of the trend compared to the downtrend. I will go for altcoins instead of trading flat market BTC prices.

The resistance above $30k has been holding strong for quite a while now, but even if that breaks I cannot think of Bitcoin going below $25k. I think buying pressure would come up so hard with all the retail investors having the all time high in mind. Even institutions who got in this year are probably going to stock up at that price as they have a whole different perspective on return on investment. If they see the opportunity for 30 - 50% plus within one year, that is phenomenal for them. If it drops below $25k I'll stop with my predictions...
if bitcoin is at a price below $25k, I think it will be an interesting area to buy, because in 2017, bitcoin created a price peak around $20k, and that means the price is entering the support area, and I think it's worth buying. but indeed we only predict, and there is nothing wrong with analyzing someone before the market happens pasar

Ok now it becomes interesting I would say. It is difficult to think of how low it could go. You would think it can't go too far or otherwise so many people would be willing to sell at a loss. Or could it be manipulation? Hard to rule that option out but we'll never know anyway.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: Are all altcoins dependent on Bitcoin? on: June 22, 2021, 12:50:46 PM
Bitcoin marketcap reaches more than 35% of cryptocurrencies, although it continues to decline but almost all bitcoin pairs are popular, support from many big companies to enter the stock exchange proves that bitcoin is the strongest so altcoins prices are affected by bitcoin.
Yes, it's true, this proves that Bitcoin has always been favored by many people who already know and understand cryptocurrency because without a good movement in Bitcoin, Altcoins will be very difficult to move normally.

It has nothing to do with favored. Bitcoin was the first mover coin and always had a significant share of the overall market capitalization in cryptocurrencies. In fact in relative terms that share decreased over time although it recovered quite a bit lately.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: Are all altcoins dependent on Bitcoin? on: June 20, 2021, 11:53:39 PM
With the market connection, yes, majority of the altcoins are dependent to bitcoin. As you can see, when bitcoin has pumped, most of the altcoins pumped.
And when bitcoin drops significantly, the alts did the same.
Yes most of cryptocurrencies depend on King Crypto Bitcoin. When bitcoin price starting to improve then simultaneously most of the altcoins also starting to improve.
Not always, during this bull run there was a time in which the price of bitcoin went up and altcoins did not move much and then we saw the opposite and bitcoin did not moved much and altcoins kept growing, however I think that once the market begins to recover it will do so all at the same time, however I really think that most of the growth this time around is going to be concentrated in bitcoin as people will be excited about the new fundamental news that came from bitcoin like the activation of taproot and that a country finally made bitcoin legal tender.

But in total I would say that all coins follow Bitcoin especially when the movements are strong either in the negative or in the positive direction. When the market is more calm and Bitcoin doesn't move as fast up or down there is less correlation between Bitcoin and the rest. During crashes it was the same every single time that all coins followed suit with Bitcoin. We have been hoping for a little bit of disentangling for quite a while, but if you think about it it also makes sense. If there is bad news on the horizon that affects Bitcoin it is most probably also going to affect all other coins.
17  Economy / Speculation / Re: Btc down trend are started ? on: June 20, 2021, 11:49:56 PM
It started before you even knew it. The bear market has started, but that won't make the price of bitcoin fall very deeply. so far bitcoin's resistance point is at 30k, and it's been a few weeks it's still holding up. this proves that bitcoin is still quite strong. maybe this situation will last a long time. bitcoin will go up and down between 30k to 40k.
So far resistance point is around $30k and in case of going below this point, $25k can play the support line role. Unless something bad happens, the market is not going down below $34k and the chances are higher for the upper side direction of the trend compared to the downtrend. I will go for altcoins instead of trading flat market BTC prices.

The resistance above $30k has been holding strong for quite a while now, but even if that breaks I cannot think of Bitcoin going below $25k. I think buying pressure would come up so hard with all the retail investors having the all time high in mind. Even institutions who got in this year are probably going to stock up at that price as they have a whole different perspective on return on investment. If they see the opportunity for 30 - 50% plus within one year, that is phenomenal for them. If it drops below $25k I'll stop with my predictions...
18  Alternate cryptocurrencies / Altcoin Discussion / Re: Is this a bad time for altcoins? on: June 20, 2021, 11:45:22 PM
why do you think like that? I think it's just a trend. After all they will return to the old proven coins. maybe by following the meme coin they can get profit faster.

this is a very dangerous time to invest in altcoins, take a good look at what is happening with the price of altcoins versus bitcoin. for example see the litecoin chart of the last days:



the price of altcoins compared to bitcoin is falling every day, it shows that people are taking money from altcoins to protect themselves from eventual disaster or are selling to buy bitcoin, anyway it's not a good idea to buy altcoins in this scenario

I hold alts and believe they will back regarding prices.

the question is: when?

it may take many years for prices to come back


But as Bitcoin also seems to be insecure it might be that investors are gradually leaving the space temporarily. Most investors may have to exchange their coins for Bitcoins first in order to then being able to cash out at their local exchange. Interesting graph though, thanks for sharing.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: Will stable coins take control of Bitcoin as crypto adoption in the future? on: June 20, 2021, 11:43:33 PM
I think a lot of people still don't understand the reasons why so many people enter this cryptcurrency market. When someone enters the cryptocurrency market these people are aiming to make 10X profits, this objective of 10X return is only possible by investing in bitcoin and altcoins,  stablecoins  do not serve as investments, they only serve as a means to trade on exchanges, That's why I don't see any  stablecoins  controlling bitcoin, it's not possible that this will happen in the future. But we have to admit that  stablecoins are a problem because I think in the future governments will regulate  stablecoins

I wouldn't even bother explaining that if I were you. If somebody comes to me and asks me whether he should invest in a stable coin to make big profits, I'll just leave without saying a word, fingers crossed! I have read that a couple of times here on the forum, some guys asking whether they should invest in stable coins. Jesus what is wrong with them?
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Crazy Dogecoin run 100x in 2 years on: June 20, 2021, 11:41:26 PM
Did anyone else miss out on the Dogecoin run?
This is up 100x over a year or two, and it is still going higher.
Wow.
$40 Billion marketcap now, how high can this go?

I missed out completely and I will confess I didn't expect that in the slightest. I ask myself if this was mostly Elon, but then DOGE was already quite big when he showed up. Not that big of course, but relatively big for a meme coin and I thought that that on its own was already quite the achievement. Now what can you say seeing DOGE peaking at over $0.60? This is crazy.
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