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Classics of the genre, as soon as manipulators press on the market immediately there are alarmists who are ready to bury the BTC, judging by how the market behaves, long red candles, this is purely manipulation for panic here there is no place.
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The whole essence of today's decline in the market is led to the fact that it would force people to sell their assets at a lower price, in all the chats I observed information about rapid spring growth, but instead of growth we see a fall, its purpose is to tear out crypto currency at cheap prices from weak pens. So I agree, you just need to forget about the crypto currency for a while and everything will be fine.
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In fact, this expression has a slightly different meaning, the fact is that it means using crypto currency for payment, it is quite possible that it is a question of using a national crypto currency. I am convinced by 99% that within the next 5-10 years, money based on cryptography will completely supplant conventional paper and electronic money.
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I think here again you can see the hand of the manipulator, judge for yourself, even if China is a large holder of bitcoins, no prohibitions can prevent users from working with the BTC, this is the essence of bitcoin, because to circumvent the prohibitions, there are many options, such as VPN.
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I've just watched the John Oliver show about cryptocurrencies and something struck me about what he said:
" like most currencies, the fundamental reason that bitcoin has value is that people agree that it has value"
I just want to know your thoughts on this. I only have a little understanding about the idea of currency and its value although i've already been at it all my life. Im new into this kind currency and right now its plumetting.
Bitcoin value it changes everytime it is not permanent nit like a paper money it's value is permanent and stable I do not agree with this opinion, the value of bitcoin does not change essentially, the changes in prices that we observe are the result of the work of market manipulators, as for the value of paper money, here the whole question about what money is involved? there are many currencies that lose their value instantaneously depending on the political and economic situation of their countries. So John Oliver is completely right. |
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On the one hand when investing in bitcoin, you do not lose control of your money, on the other hand, if the approach is not right, you can lose your investment if, for example, you lose access to the wallet, or you go to a phishing site. But I would not invest money in the bank, because the interest on deposits is much less than the inflation rate, it turns out that when you invest money in a bank, you lose it unequivocally.
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Actually, I didn't see really negative news about Bitcoin. Yes, some people say about some problems with Bitcoin transactions or the blockchain itself. But all in all lots of people support btc
The question is not in negative or positive news about bitcoin, the question is how this news is presented to us by the media. I myself have noticed many times how the news was inflated to large sizes, in fact, trivial information. But this is not an initiative of the media, it is an initiative of those to whom they belong. |
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There is such a saying - if you knew when and where you fall, I would put a soft pillow. The fact is that the human psychology is so arranged that it can be calculated and this is used by competent manipulators. Will grow to 30 or not grow, not who exactly does not know, but if you recorded profits, then will not regret the fall of the market.
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Personally it seems to me that bitcoin will be number one in two of the listed directions - Investment/speculation and Freedom from globalist control. For other directions there are many projects that are more narrowly specialized in their areas. Bitcoin is already number 1 in speculative fraud.
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Hello guys, In 2017, Bitcoin’s price soared from 1,000 usd to just under 20,000 usd before dropping down to around 13,000 usd at the end of the year. Since then, its value has risen and dropped sporadically from day to day. now its around 8,300 usd. So what may cause this drastic change of bitcoin value ?
Big bitcoat volatility is due to the fact that the market of cryptocurrency is still too young. Any minor news can trigger a price change. As the market develops, the volatility of the cryptocurrency will decrease. The more people will use bitcoin, the less there will be price fluctuations. With this opinion I can not agree, the capitalization of BTC and the number of people involved in the process do not play a big role in the volatility of bitcoin. As a rule, the price is influenced by manipulators using the news background positive and negative, just as the price is affected by the actions of those who have a large stock of BTC. |
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Last year's rise of BTC changed my approach to the crypto currency, to be honest, I did not take bitcoin as a means of earning money, most likely for me it was a type of hobby. But after my investments have grown many times, life has become more fun. The only thing I regret, I did not fix the profit in $, I'll be smarter next time.
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There is a saying "If you are afraid of wolves, you should not go to the forest". If you have doubts about buying BTC, think again and again why do you want to buy it? I propose not to rely on quick profits, especially if there is no work experience in this market. Bitcoin can help make a fortune, and you can lose everything as well if you do not have the right approach, the main thing you need to understand is the purpose of buying BTC.
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