Why shouldn’t we be concerned? Seems like everyone on here is extremely confident will see a bounce back to the December highs and then surpass them, but this dip/crash is now 5 months long. So I’m curious as to why so many of you are confident?
Well, it's all about the long term. We had a big correction, and there is nothing wrong with that. Markets can't keep going up for all eternity. There was a crash, but I remember people were incredibly happy the first time BTC reach the $5k, and now suddenly is a terrible price? Well it is, if you bought at $20k, but for those that were holding long term, and din't just bought because of fomo, the current price is still good. Also nothing change in terms of development. Or maybe they have, but for better, since the LN is already on the main net. There is also some interest from the institutional investors, and they could bring the price up. It doesn't really matter in my opinion. The key point for a project is it's goals, and it's team. There is nothing wrong with bitcoin from that point of view, so I'm optimist about it. |
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We can see that blockchain industry is growing continuously and a lot of investors are getting interested. They are becoming aware of the advantages of cryptocurrency and want to convert some of their savings into crypto assets. However I think investing on crypto is not that easy as it sounds. There are lot of risk involve in the process. Would you guys want to share what risks or difficulties investors may have to face while investing on cryptocurrency ?
Well besides the normal risk for any investment (that is the project not working), I would say that there are some risks of scams. Of course that could also exist outside the crypto space, but since all of these work online and have a good level of anonymity, I would say it's easier to scam people here. Regulation might legitimate crypto, but it will take a while to actually become efective. Anyway, there are plenty good projects out there, and there is a lot of money to be made. There is a lot of speculation in crypto, but I don't necessary consider that a bad thing. It's almost like a necessary evil. |
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Hi Sylon, I'm leaving the campaign. I was never able to meet the requirements because I had a hard time using my PC lately, so no stakes for me.
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Your Telegram Username @brun0silv4
Your Btc address (same as on form) 16vuWP1L1dqcEnLKf3ijw15aoLnDTGEB38
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Here is a brief breakdown of some of the more famous bubbles in history.
the dutch tulip bubble (1630, first ever recorded)
the south sea bubble (1720)
Japan stock/real estate bubble (1990)
.COM bubble (2002)
USA housing bubble (2008)
Where is the next bubble going to appear. I know the bond market is in a 100 plus bubble and this is where im placing my bets.
I with you no this one. The bond market is the next candidate for sure. Traders keep making money from nowhere on stocks, and that makes no sense at all. I'm pretty sure most bonds are overpriced, and they will eventually crash. That will probably be the biggest bubble in history, as it would affect all sectors, and not just a specific area like the real estate bubble. Hopefully bitcoin will shine once that happens. |
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Bounties are alwasy very risky, specially because we were in the middle of a huge correction. We all know that alts usually take the biggest hits when the market is crashing, and ICOs will not no exception. The sales surely drop quite a bit so I think it's normal for projects to pay less if they didn't hit their hard cap. The problem is that some bounties don't tell you that, and that is wrong. I prefer reading on a bounty that no payment will be maid unless the sell hits its cap, than for them to do so without letting us know (even though I'm already counting on it.)
I would say, choose a bounty with a trusted manager. Of course that it's not their fault if the bounties admin don't pay up, but I guess that good managers usually get good projects on their hands, and the chances of that happening are somewhat diminished.
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I'm bullish on ethereum as well. I'm not sure about your targets because it would probably take us a while to get there, but I do think that ethereum will continue to grow. Of course all this will be invalidated if bitcoin doesn't grow as well, because the correlation between BTC and all the alts is still to strong.
Another thing that is looking good, is that although ETH has been decreasing in the past 4 days, it hasn't lost that much value compared to its latest run. Finally we see almost no upper wicks on the green candles, and we see bottom wicks on the red candles, meaning that bulls are buying the dip. Bear volume seems to be decreasing as well, so I think the bull run will resume once the market decides what is our new higher low.
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We see that all the time in some countries cryptocurrencies are banned or in the contrary they start to make a special regulation. It shows that everyone want to do something with it but don't really know what, yet. Maybe you guys can guess, as experts from the crypto community, what do we need for normal living in a blockchain world?
For me, this are the things crypto is lacking right now. 1. Lack of mass adoption - Yes, this is the most problem of crypto right now. Most probably because of the volatility nature of crypto, they are afraid to invest in it. Maybe most people in the world doesn't hear or even know the existence of cryptocurrency. We need a way to advertise cryptocurrency around the world. Social media is one. Conference is second and many more. 2. Lack of regulation - As posted by @kakmakr above, yes bitcoin was created to give people financial freedom and to prevent the use of banks but I also agree with @Mpamaegbu that the government must do some regulations in order for the scammers and fraudulent activities to be stop. Governments must involve themselves here in crypto but only in the fraudulent activities that the scammers are doing. 3. Technology - We accept it that most countries around the world cannot cope up with the current technology of some first world countries like Japan or USA. There are people around the world that doesn't have smartphone. Some areas especially the remote areas doesn't have access to internet. There are many more I think but these are the most things crypto is lacking. Well I understand what you are saying by lack of mass adoption, but I don't think that is something that is missing. That is simple a product of all the other things that we are missing at the moment. Once those issues are addressed, I'm sure adoption will follow normally. I completely agree with the lack of regulation issue. This is a very important one in my opinion, because we all know the majority of people and big investors will only jump into crypto once it gets regulated. Until them this will be a very speculative asset, and most people will be afraid to risk an investment or adoption. This needs to be something for all, and not just the "fearless". As for technology I do agree with you but not at the same level. I don't think not having a cell phone is a problem. Banks can't reach the population without infrastructure, and they need way more than a cell phone. So I think that crypto is well ahead of them, since it just needs internet access and a cell phone. Those things are easy to accomplish in most countries. |
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I never used them so I cant tell you anything about my experience with them. It's the first time I hear anyone calling them a scam though. I would suggest you to contact their support team, and try to understand what is happening. If they end up not responding, giving you some bad excuse or simply closing your account without any valid reasons, then you should update this thread and probably open a scam accusation in the forum with your case and all the proof you've gathered.
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I don't know, it's still very hard to say. April was a good month for Bitcoin, but it's hard to say it will continue to grow from here. For the long term I do believe it's a good investment, but since you are just talking for 2018, I would say that is just short term, since bitcoin still has a long way to run. I'm only confidant that bitcoin has resumed it's bullish trend, once it crosses the $12k mark again. Nothing is granted of course, but it will sure be a good sign for 2018, if that happens.
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Since now smart money is in, they will make us need crypto currencies in the future.
So you can HODL! And you will have a nice life. Enjoy!!
What do you mean by "now that smart money is in"? I don't think institutional investors started investing into bitcoin yet. If they did, the price would be much higher that it is now. I do believe BTC is a good investment for the future, and probably ether as well, but that comes just from my beliefs and analysis, and I think that it will take a while for the "smart money" to start entering the market. They are waiting for regulation to get done, and that might take a while. |
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Anyone know a good Analyst/page to read articles from, regarding price analysis ?
I read from cointelegraph, but I am not sure if it is a good source.
I also read it from there, but they are normally to vague. newsbtc.com does the same, and usually does a little more in depth analysis, but I don't think you should "follow" any of them. Not saying they are bad, or that they are not good sources, but the problem is that crypto is very unstable, and it's hard for anyone to be a reliable source. |
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Is there a role for Bitcoin in international trade? Have you heard of a trade between two countries?
And will it be in the future?
What do you mean between two countries? On a institutional level, backed by the government? If so, then I'm not aware of anything like that, and in some countries, government members are actually "forbidden" of trading bitcoin, because they could be accused of inside trading, since they can have a great impact on its price with regulation. If you are talking about trades between citizens from different countries, then I think there are a lot of those already, and bitcoin excels in that area. |
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Funny to use the FOMO expression on the title of the article but I'm not sure this is the case. First I think they are more interested in blockchain technology, than in cryptocurrencies. They can't deny that blockchain has the potencial to have a great in impact in a lot of areas, but specially in the the financial sector, simply because trust is crucial for this sector, and blockchain solves just that, making everything more simpler. Of course that their interest doesn't stop there, and they are understanding that they can actually profit a lot from bitcoin. I'm not sure this is a good thing though, because that was not the goal of BTC. Banks maybe be using bitcoin to promote themselves, and capitalize on the fomo around it, at the same time they will try to create a blockchain solution that will be backed by them and the government. I know it's not the same, but who knows what the majority will think about an option like that. |
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I wanted to see what the general thoughts of the community here are. With bitcoin being in a pretty steady state for the past few weeks, it seems like there's going to be a set up for some kind of growth. With that, there can be many paths, but after seeing today's price (which was up around 5% when I checked), I was wondering if the volatility is what people actually like about bitcoin.
So, do you guys like the volatility and the strong spikes upwards or would you rather like steady growth, around 5% gains over time?
For the time being, I guess that anything of those scenarios works well for me. I like trading, so I enjoy the spikes, but I also would like to see bitcoin turning into a currency, so for that to work out, the spikes are actually quite bad, so a steady growth would be good as well. Even if bitcoin remain stable, and didn't grow that much would still be decent enough for it to slowly become a currency since people would start using it, and stop being so afraid of holding it for long term. |
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I finally managed to reload some hands to the new database, so I am ready to start hand discussions. Hope, it will increase an interest to the topic. Sometimes I will share hands with stopping action on the decision I doubt to avoid result oriented opinions. Today I have quite a non-standard spot to discuss.
Top 3 of live event satellite. First and second places get 5.5k$ worth packages on EPT event, third place gets something like 80$. 1) What would you do here - all-in or just call? 2) Why would you choose this option? 3) If you choose to call, what are your plans for turn and river?  Well the BTN didn't show a lot of strength with his pre-flop raise (not even 3x BB, so it's almost like a limp here). Maybe he was just trying to put pressure on the blinds, and trying to steal them. The flop was actually nice to Hero, because there are no big cards on the table, and the BTN bet was quite weak (I don't even consider that a continuation bet). Since Hero hit top pair, and still has a backdoor flush draw I would just raise to $18k. This would show some strength since it was a check raise. BTN most likely didn't hit anything. Hero would probably win the hand right away. He would already be quite committed to the hand, so BTN would think twice before trying to bluff him out of the hand, because Hero would probably reply with an all-in. If hero wants to be really aggressive he could just go all in straight away, but just calling would be a bad move. If a figure shows up on the turn, he just couldn't keep making calls. |
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Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?
I guess it depends on the markets people are trading. Some markets respond very well to both technical and fundamental analysis. Basically the traditional markets work this way, so on this case, the more knowledgeable the trader is, the higher his chances to make good trades. On the crypto space, the markets don't require a lot of analysis, simply because they don't respond that well. They are very speculative, and are probably somewhat manipulated so you just need to keep things simple and you will need a higher degree of luck in my opinion. |
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Many Countries have put restriction and banning crypto currencies. In this situation which country you think is supporting crypto currency activities? where Exchangers and traders have favorable environment.
Right now, the best ones seem to be Japan ad Switzerland, although I keep hearing that Australia is on a good track as well. I guess that overall, most developed countries are not closing doors to bitcoin, and are doing a decent job in terms of regulation. I just don't like the way some countries are taxing bitcoin, since they want to tax it as property, and that won't be good for bitcoin's goals. |
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I have no idea if it will be more volatile or not, and I guess no one can tell you that, but I do believe it will be very volatile just like the past years. Bitcoin will only stop being volatile once it guess mass adoption, and I'm afraid we are still a long way from that. Of course that regulation could help things a bit, but since we are in a free market, and BTC is always ruled by supply and demand, if the markets are thin, it will always be very volatile, because there are a lot of people with money playing with it.
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I've actually didn't saw that article, although I use their site quite a lot. They usually have a disclaimer on the bottom of their articles saying that they are not responsible for what is written on the article. Not on all of them of course, but on those independent ones. Don't know if this was the case or not, but of course they should check what they are publishing, and shouldn't allow for scam links to show up on their articles, even when they are not written by them.
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