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Good news
The crash has been neglect and institution has been showing interest in the crypto industry
I would say we are kinda good to see that a some money flow will be going into the market
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It depends if you think monero is a good coin
Monero is more off a privacy coin compare to most coins we have seen
Privacy coin has its benefit but of course, making it more private than Bitcoin Addresses? If not mistaken people can sent transaction that will not be showing on the Monero Chain IIRC
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Yeah
The turn is kinda a huge turn as it just reverse the bearish trend. (Although not a full turn of bearish to bullish, but it breaks and show confidence of bulls pulling back)
I would say the green bar today are likely related because of the recent news
-SBI Group launched their crypto exchange (World first bank launched Crypto Exchange)
-Blackrock investigating into crypto, but their CEO mention they show 0 interest on investing into it
-Goldman Sach appointed new CEO, and this guy is kinda keen and showing interest in Bitcoin
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I have already joined hundreds of airdrops but I got nothing until now. I will never join AirDrop programs any more.
- Each airdrop rewards only some token, that its value from $5 to $20 (calculated by the ICO price)
- Most of the token are dead now (just spammed projects or shit coins)
- Some tokens have been listed on Coinmarketcap now but the token price is terrible low. The value even equal to the transaction fee if I send the tokens to exchanges.
Well, i think "never" should not be a good approach I mean lets see, although most airdrop are most likely scam But there's still some legit project there, just do some research and apply for airdrop |
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Because most people perceived that the new project token are most likely to fail or take time to build its value
Hence, people would prefer to sell it and get BTC/ETH immediately
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Looking at the current price and yeah, we are holding and its moving higher and higher
We are back to 266B marketcap based of 16/7/2018
which we actually plummets around 10% last few day and manage to recover
I call it a good sign as if the support level can't be break, it will have a good rebound
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What happen to Many Bounty Campaigns Now? They are setting the "New Norms" in Paying Bounty Payments? "100th days after the ICO" or "EVEN QUARTERLY BASIS" there reason is to avoid dumping and stabilize the Coin/Token Price, and after 100th days pass another reason was blame "NETWORK CONGESTION"? is this acceptable I need your Strong but definitive Opinion?
In 2018, i only received one bounty payment so far and yeah. I think that to avoid and stabilize price is kinda okay but for your case I think that is kinda fishy tho, but can't call it a scam because the ETH network actually congested recently. However IMO, payment shud be made regardless if network is stuck and they can just proceed with higher fee |
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I think bitcoin could well reach $2,000 - $3,000 if this $6,000 support get's broken. If you would sell now chances are high you could buy back and thus double your btc holding.
This is not financial advice, just a thought.
And this is not a good year for crypto I believe. Late 2019 we'll see some action.
Exactly, $5000-6000 level is kinda a thing if it breakout through it, we might see the market hit a lower low However, for people who actually bought above this level, i think they should be better to hold off instead of selling because it might be a 50/50 because market might rebound if it fail to breakout the current support level |
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I would agree most airdrops are scam, but 99% seems kinda over but
Majority are scam tho, looking at those airdrop project make me think they just copied and spin the words and create the project lul
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A good and clear focus, will not mar you, but will make you.
Right from my day one in the crypto world, my plans have always been to gain from trading , ICO and bounty.
To my amazement, my first main trading, gave me a profit of x100.
This was not just achieved once. I had to first learn it. I learned by starting with very little amount. I started with just $20.
In the cause of learning, there were times i made some mistakes, but i was not disturbed. Instead, i tried to identify the cause of the mistake and i made necessary corrects.
All these hurdles, made me whom i am today.
Although, learning continues.
Nonetheless, i am still focused in achieving more and i believe that a clear focus will lead to success.
Congratz but kinda curious on what you trade and actually gain profit of x100? Do you actually trade it daily or you are going on margin trading? Thanks |
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Bitcoin is currently one of the popular currencies used by people. Even merchants who use Bitcoin as a means of payment also exist in some countries. Bitcoin itself becomes a warm conversation. At its all time high, the Bitcoin price was once equivalent to one troy ounce of gold. With its success, today many emerging similar currencies. Because the price is fantastic, Bitcoin is very popular among the public at this time. With the success of Bitcoin, many currencies are now emerging. Other cryptocurrency examples are Ethereum, dogecoin, litecoin, mrai, dashcoin, and many more.
Cryptocurrency does not have any monetary policy restrictions from any country, so it is simpler to travel abroad. Using bitcoin does not require physical transactions, making it easier for customers to transact. Compared to currency where you have to change your rupiah currency in money changer first, then cryptocurrency is more reliable
There are many conveniences and benefits provided by cryptocurrency, ranging from ease of payment, slowing of bitcoin growth, increasing global acceptance and very easy opening of accounts, but with all the convenience, you have to be careful of using cryptocurrency as a means of payment. There are some shortcomings that you should be aware of like ...
Not all cryptocurrencies can be used as currency
Currently, the most easily accepted as a means of payment is bitcoin. If you 'mine' or use other cryptocurrencies, then you have to be very careful. Do not be fooled by an offer to buy another cryptocurrency.
Not worth investing
It is true that the value of cryptocurrency capitalization increases over time. But the fluctuation is very unpredictable because no one country controls this digital currency. Do not let your inexpensive offer to invest in cryptocurrency. Use it for easy payment or as your side income.
Easy to use for unclear investments
In the absence of a regulator that controls this digital currency, there are also many unclear investments by using cryptocurrency. Ponzi schemes and money games thrive thanks to this digital currency. Beware of investment offers using cryptocurrency. No money is easy to get.
There are many benefits to cryptocurrency, but it's also true if you have to be careful if you want to do something on cryptocurrency, so little knowledge of me, if there is a misunderstanding I apologize as much as possible.
Not all cryptocurrencies can be used as currencyExactly, there are quite some token that is use more towards on utilities and those would not be used as currencies. Not worth investingFor this point, i feel it is kinda subjective here. Although it may or may not be true because every coin has different strength and use cases Just like Gold, is gold worth to invest? Its the ideology behind the believe of something |
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I have no ideas what price will be. I dont really care much about that but while comparing last bitcoin cycle with this cycle (at least what we saw so far) I do believe bottom will happen in upcoming September. This is start of last Bitcoin cycle in 2014 and this is what we have so far in this cycle:   You can notice that this cycle is a bit faster. Approximately by 40%. Placing this factor to the other data of previous bitcoin cycle I got to month of current cycle bottom and that will happen in September. Recovery should start in April 2019. So basically we will have almost a year of cheap Bitcoins. Cheapest you will ever get. Do not blew this lifetime chance. It is there for whole year. And I got this two charts here: https://www.reddit.com/r/Bitcoin/comments/8up21s/my_prediction_take_it_or_leave_it_trading_view/Thanks for sharing on this And as what people tend to said it all time "Trend always repeats based on the history" Even not a 100% duplicate of chart but there's some psychology factor there Theres where we see people predict Bitcoin to go over beyond $30,000, up to $60,000 and more |
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It was a bubble, in the past. Somehow yes for now, but it is hard to define if it is a bubble
At least if we were to look at BTC peaked at $20,000, definitely a bubble there, huge one. The wildfire bull is insanely pushing the price to the next level without any reasons except huge people hurry to get in
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Well, instead of stopping, i feel there are doing a better approach there. Of course, Better may be subjective
Every country is trying to regulated is now instead of banning it except china. But i assume soon china will then lift the ban too
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Well Bitcoin could just go to any price at anytime given that the supply is fixed and user demand is growing time by time
Even 1 person a day is still increasing the demand because Bitcoin is always fixed at 21M
However, price movement are kinda hard to be speculated given with the technical analysis, it just helps us to see where the support and resistance is
For movement, fundamentals are more of a king
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Let's say bitcoin buble bursts and it falls to $1
Then I buy 20,000 dollars worth of bitcoin at $1 per bitcoin
And hold it for 10 years
Is it a good idea?
Or will bitcoin fall to 0.00 and never recover?
What can go wrong with this strategy?
It would be a freaking good deal even if Bitcoin dropped to $1,000 The players in the market has increase and 21M supply of coins (Some are permanently losses from the circulating supply) is way too less for the amount of investor for now compare to 2016 If it dropped to just $100, i would assume tons of banks would just get and eat all the Btc if they wanted to hedge against the future of Tech money |
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Aside From Crypto, Cash, Credit/Debit card
Do you use any sort of E-wallet? If yes which country are you from and why do you use it instead of using Visa/MasterCard?
Do you guys think that Crypto and E-wallet posses the same entity and function except one is backed by blockchain one is not?
Kindly share your opinion on if you are more towards Cash, Debit Card/Credit card, E-wallet or Crypto and why
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Aside From Crypto, Cash, Credit/Debit card
Do you use any sort of E-wallet? If yes which country are you from and why do you use it instead of using Visa/MasterCard?
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Like every parents want to leave something for children for their future.
Which investment is safe?
Bitcoin?
Stocks?
Real Estate?
Real Estate = Stocks > Bitcoin definitely Crypto space is still on a uncertain instrument as an investment due to its volatility and unregulated Diversify it and make it 70% Safe investment 20% Slightly Risky 10% Risk Should be pretty fine |
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ERC20 tokens is something like a standard of a token on the Ethereum Blockchain
Basically as long as it starts to be trade-able, people can start trading and usually aside from trading it on the exchange
You can do it manually, however it might be riskier as one party might need to sent the coin first
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