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This is what is called the market correction. Sometimes things like this happen when people panic and start selling their own coins. It's completely normal.
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Bitcoin price is growing bit by bit and it will get to the previous level or even higher in few days.
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They are afraid their banking system will fail someday that is why they are investing into bitcoin as an insurance.
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I was using electrum wallet but now I started using Xapo wallet and everything is looking okay.
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Too many things are now affecting bitcoin value at once:
1. Fake FUDs
2. Jamie Dimon who calls bitcoin as a fraud
3. China on regulating cryptocurrency exchanges
People are already afraid of losing their money before investing into bitcoin, now with all these, they got panic and start selling their coins.
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China wanted bitcoin exchanges out of the country, no matter what they do they'll also close down!
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Altcoins that are worth buying are:
Ethereum, Dash, Zcash, and Monero!
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Bitcoin tends to add more value in time while fiat doesn't do so in a small period of time.
Bitcoin value is increasing exponentially in a small period of time while fiat gives small amount of interest for a long time.
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Which of the Bitcoin wallets between the Online and Offline works best?
Both wallets work great. Online wallets are going for storing the small amount of coins for easy access e.g electrum wallet, Xapo, and Blockhain.info Offline wallets are more secure with all your private keys off the grid, this is best for storing huge amount of coins e.g. Trezor wallet, and Ledger Nano. |
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How can you earn 40 dollars a day in bitcoin?? , let's share the knowledge on this topic , and hopefully we get more success after share my experience in here
There are several ways to get bitcoin every day. 1. Signature ads on bitcointalk 2. Bitcoin mining 3. Bitcoin trading Here are the few ones to try out! |
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I want to start bitcoin mining and need help from experienced miners.Which miner is most profitable now?? Where should I start?? Thanks in advance...
The best place to start bitcoin mining for a beginner is Genesis mining. The most profitable minings are Bitcoin and Dash, currently on Genesis mining. For tutorial on how to start mining instantly, Go to "Genesis mining" YouTube channel you can find everything you need to get you started. |
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Both are good but it depends on your skills from each.
I think everyone can invest in bitcoin but for trading, you may need some extra skills about trading cryptos
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perhaps but currently, there are so many ups and downs in the market because of chinan's action to regulate cyptocurrency exchanges after the ICO ban.
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Big governments are catching up with Bitcoin and other cryptocurrencies. And are crushing them.
A couple of days after announcing that Initial Coin Offerings (ICOs) are “seriously disrupted the economic and financial order,” the Chinese government banned ICO funding.
That was certainly bad news for cryptocurrencies, which crushed across the board, with Bitcoin losing close to 10 percent, Ethereum 21.74 percent, Litecoin 24.92 percent, and BitConnect 32.10 percent.
Coin/Investment Trust Change 24H*
Bitcoin (BTC) -9.84%
Ethereum (ETH) -21.74
Litecoin (LTC) -24.92
BitConnect -32.10
China is the one country with the highest number of cyptocurrency investors. Currently, China is trying to regulate cryptocurrency exchanges to avoid it people from getting scammed. That is the reason why there are so many ups and downs in the market. |
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Unfortunately I am not even registered nor allowed to trade in these exchanges  This could be a lovely arbitraging opportunity for those who have access to these Chinese exchanges. Currently sitting at $3900 a piece right now, but it seems that the fire has already been extinguished and momentum has been shifted to the positive. Seriously? Are you nuts? What you are going to do, if the exchange close down before you could transfer your coins to your personal wallet? That is the reason why the exchange rates are low in OKCoin and Houbi. Do you think that the other users are complete idiots? Yes, it involves risk but that is what is called entrepreneurship, bro! Take a risk when no one is buying and make lots of profit in the end! |
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Seems like all major exchanges in China e.g. Huobi, BTCC, and OkCoin are selling bitcoins below $4k. But the bitcoin exchanges in U.S and Europe are selling Bitcoin above $4k e.g. Poloniex, bittrex, and Kraken. |
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Yea good idea to invest in IOTA when it's low price
The way to go buy low and sell high! Not only IOTA but OmiseGo, NEM, Lisk, Tether, Bitshares e.t.c. They are all great low price altcoins to make a lot profits in the future. |
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I own 1000 waves. what are the upcoming events with this coin? I am thinking about adding more.
People buy waves because they see a huge potential in waves. wishing to see the value double in few years from now. |
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I see bitcoin is a good way to invest your money than saving in the bank with very low interest.
Bitcoin value is appreciating over time, and if you are able to hold your bitcoin for long time you may get high return on investment.
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