For almost a week the crypto market has maintained a certain support level and ride in a range. Many thoght we where in the mist of a bull run until the last 24hours whend price declined further down.
Now what you think will happen next? Bull or Bear? I think we will see more bear trends till maybe in December when it could hold on a certain price to continue declining by January.
What do you think?
Yes im agree this bear might be keep happening until december or until the end of this november. I dont know why the hash war of BCH make market really in bad shape. I do also think ICO regulations make ethereum keep going down cause its became more harder to make a new ICO and seems eth is no really as much as useful as last year.
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i also wants to point out that The ratio, which divides bitcoin’s market cap by its average daily volume, suggests we are about halfway through a long-term bear trend.
just because after a couple of months of stability and accumulation we had a small drop, it doesn't mean we are in a the middle of a bear market! if the dropped had continued then you could have been right but as you can see the drop happened quickly in less than a day and stopped then and there. and the reason for it as everyone knows was panic thanks to BCH fork FUD. Yes im agree, right now we are in the middle of uncertainty that affect the entire market. I believe market and investors and are getting mature and understand how the market works and it will bring more stabillity and also steady grow.
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Not only the bitcoin prices are falling all the top 100 cryptocurrencies are falling! (with the exception of USD coin, TrueUSD and Paxos Standard Token). Are we seeing the beginning of the end of bitcoin and the cryptocurrencies?... The people are losing a lot of money they are panicking and scared. What this could be all about? Take a quick look at https://coinmarketcap.com/ and watch for yourself how the top 100 are falling and tell me what you think Well i think its another corrections that happening cause we see volume are dropping and bitcoin price are stable, i think some people are just losing hope and cause panic sell.
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I think Bull run might not happening in this year, but i do think cryptocurrency still the best investments right now. Yes, I agree that the trend will change in any case, but when it happens, it is hard to understand for us. I believe that this won’t happen exactly in time when most people expect it.
Yes it will completly happen suddenly and no one might even expect it. I don't want to lie to you and that why Iwould say that today's dump can be an inpulse for a bull run. Let's see what will happens after 12 December.
I hope its really true, cause i also think this will be a good opportunity for many people to start invest in cryptocurrency, i see a lot of developments compared to 2017 which i think current price is so ridiculous and it will go up eventually.
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I think it is time to buy BTC and alts step by step. We may not see this price again.
Yes this is might the best time to invest, its pretty weird why its going down, i believe the reasons behind it cause so many rule that restricted the ICO so the investments in ICO is so low and make the market going down.
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Well a lot of new investors that just started to invest last year now experienced a bitter lost, a lot of them frustrated because their investment decrease more than 50%, but for the early adopter we see a good rising price, although this year got a bit stagnant but bitcoin seems on a good track
Yes bitcoin still on a good track and the price are more stable compared against market stock. Bitcoin will keep exist and will be use for transaction and for investing to ICO, so i believe bitcoin will keep remain cause there is still a good demand in the market.
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Can we expect Bitcoin and other types of coins to have good prices at the end of this year because 2018 will end. I'm starting to worry that next year will experience the same thing Well my friend no one knows what will happens in 2019 but as the time goes by i see so many good things coming out that support cryptocurrency market to go up. Lets say we will get the first bitcoin ETF on febuary and we got bakkt for bitcoin future on December, many good things happen in this years despite the down trend that happening from january. I believe we might experienced a bull run in end of 2019 or in 2020 when businesses masively start to adopt blockchain technology on their system.
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The price of bitcoin has not shown any significant rise or drop for almost two months now. What do you think could be the cause. Or do you think at long last bitcoin is going to be stable.
Well i believe more people will hold it and more people will join and buy it cause soon there will be ETF that most likely will happening in febuary and also bakkt that will soon launch could boost bitcoin price. I believe bitcoin price that stable is because more coins out there that offering a stable value. So i guess maybe bitcoin affected by this coins.
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Since the 2 pumps the price of Bitcoin has gone sideways: NO DEMAND Alts have increased in price! Logic says Bitcoin is going down unless another whale pumps!
Well you are completly wrong right now, its true that the demands of bitcoin has reduced compared in December 2017, there is a lot of factor that makes bitcoin demand reduced. First people used to using bitcoin to invest in ICO and right now ICO is seems not profitable and not much ico are success now. I do think you also wrong if you said alts have increased in price, cause what i see right now the entire market is going down and not only bitcoin is down, ethereum, neo, eos and others alts are also going down in value too.
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Well i do agree at some point and i do think in wider look into a product the virtual one is indeed a product its just like a market stock even though its different and its more into trust but the blockchain just make it transparant and trustable. I do believe we are still in early stages and crypto are keep developing and its true im one of the person that dream to be rich from the money that i invest in cryptocurrency and im trying to invest in the right startup and support it for a long term.
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I'd like to start trading, but what happens when you get profit from a new coin? you pay taxes as individual (like capital gain) or you must open a registered company?
Yes i think in future there will be a complete regulations about profit that you gain from cryptocurrency, i believe there were several country that already have a tax for cryptocurrency for example japan. This news might give a picture about taxation of crypto gain in japan. https://cointelegraph.com/news/japanese-taxation-committee-seeks-to-simplify-cryptocurrency-tax-reporting
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Each thing is a thing to itself. If you say btc will replace gold you are saying btc will replace all metals of value. It Makes no sense. Will Bitcoin replace bonds cause btc can have a higher yield. Remember, some day btc is replacing tulips at the moment. Open your minds a bit more and realize btc is not the end all be all. I love it, and have quite a bit, but I also have a safe full of gold. They are two separate entities, at one point it was confiscated from the people of the us and was illegal to hold. Those of you who keep saying this make me think you are not diversified and it's not always a good idea so stop this stupid gold comparison
Yes i do consider bitcoin and gold are a different investments and bitcoin is a bitcoin no matter what you see it, stop compering them and believe in bitcoin if you think its good is a good think to do.
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In this november the currenct price of bitcoin is around $6500. I believe right now is the best time to buy cause in December 12th bakkt will launch and it will boost the market and i believe bitcoin could easily reach $7k - $8k in the end of this year.
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Well you posted this in the "Economics" section, so let's make this about economics.
People have an amount of BTC. The higher the value of their BTC, the more likely they are to keep it in safe locations or spread it between different places. So the chance of them losing their BTC decreases exponentially as the price rises.
If they lose BTC, the supply decreases, therefore making the remaining BTC supply (marginally) more valuable and making people less likely to lose it. So it never reaches a point at which there's not enough left.
So basically, no. It's impossible.
Yes i do think bitcoin has a certain value but lets talk about development and the use of the bitcoins, do you think bitcoin still have a good project compared to others? i think XLM and ripple have a better development in terms of transactions projects and also there is a lot of new stable coins for crypto trading pairs. I do think bitcoins will remains but in terms of developments and investments there is a lot of coins that offers same project with more advantages than bitcoin.
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I just wonder sometimes why hackers would not want to use their time and effort they spend to scam others on doing something meaningful and legit, to earn something worthwhile for themselves, except to rip others of their hard earned money. Most times, what they even take illegally from others at the end is not used for anything meaningful. Scammers should desist from this act, because karma is real. Work and don't be lazy.
Well why they do that cause there is always someone newbies that could get scammed and its the easiest way to earn money. I do read some stuff about it and scammers on twitter could make a lot of money just by buying a verified account and use it to scam people.
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Hmm, maybe Telegram... Almost every people who know cryptocurrency definitely using this social media (especially like me). I like Telegram is simple, fast, secure, synced across all our devices, and of course is FREE . (I think Telegram is like Whatsapp combined with LINE messenger)... We can be chatting, share information, and publish some news or content on our own channel and group to the other members who using telegram too... Also, I see so many ICO Projects promoting their project via telegram by inviting the bounty hunters to join telegram bounty campaign... Yes i do agree that telegram is really good for crypto and cause it could be use for discussions and also widely use by investors and also bounty hunters that are part of crypto space. I also think medium could be really good as a media to created something good for cryptocurrency and to promote cryptocurrency.
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Why People Choose Cryptocurrency? Any Need? We are into commodity trading, and we are building a platform which will support the trade of commodities with cryptos. We are trying to make commodity trading very easy That's why New Zone choose cryptocurrency world. It opens up a whole new avenues for everyone.
I believe why i do invest in cryptocurrency cause i believe there is a wide new chance to earn more money and there is a wider chance for any new businesses to be emerge and we might see a new apple in crypto spaces which will be really great and would be the best investments.
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Just want to share the details about the people who ever thinks that why we need to use just paper as currency and we all are working hard to get those paper.People claiming that bitcoin is not virtual so it cannot be considered as money or they call it as scam or ponzi but they are using just papers for centuries and those paper currency were made out of thin air.
Money just an intermediary to help people to do transactions easier. We do use money cause it can be trusted even though there is so many counterfeit money out there. I believe soon people will realize that using virtual currency is more safer and more comfortable than using real money and it could be trusted and even more transparant than fiat currency.
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A lot of people telling that there will be no Bitcoin bullrun this year. Do you think it is TRUE? I am worried because Bitcoins price might fall to the lowest this year.
No need to be worried even though there is no bull run in this year, and i do think you should stop to think for bull run cause i think its bad for your mental. I do think bull run might happen in next year, this year we do face so many problem but next year would be really different, the price will be more stable and the use of blockchain will be tested by many company and if it success, more company will come and use it and it will be common thing and i do think it will give a good impact to the price of cryptocurrency.
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Can ethereum break its highest record again if yes how much time it will take more
I think it would be possible but not in short term, it might takes 2-3 years to gain into $1500, and right now i think ethereum got so many competitor which is i think it would not be that easy to reach that amount of value. Lets see in 2019 which blockchain is the best and masively use in real businesses.
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