So? Will you buy bitcoin atm? Just as like you said, bitcoin now dropped to $3880 or nearly 7% from yesterday
I believe this is normal in one day and you don't need to worry much about the current market because I believe prices will soon rise again best. I personally believe that the market will start a new uptrend and everything will become more stable in the future The 7% price drop over the last 24 hours is normal when we look from the outside but there are those who earn 5% per annum which is equal to millions of dollars. Also if you try leverage trading, you understand that this is not a small number.
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I think the reason for the ETH's price increase is due to the fork of next month. Also when we compared to the BCH, it was not bigger move and the only explanation is " it is crypto ". The dominance of the ETH is dozens of times less than the dominance of BTC (even the ETH itself is depend on BTC). I do not know where you got the numbers but the dominance of BTC is 51.7% according to coinmarketcap for now.
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You should not look as an investment. And when it was created, I do not think it was priced and they thought they could managed it as they wish (if you think logically, it is easier to do it with paper money). These are unnecessary controversies and majority can be belonged to anything that be able to be traded.
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I think it is wrong to rate everything according to the value of paper money without paying attention to what it is, how it was created and what it could do. Even the paper money which is valuable today originates from humanity itself. But ignoring BTC will return as the greatest regret.
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I agree with this statement. Bitcoin manifests itself as a financial bubble and in this regard is also no exception. This has partly happened throughout this year. The fall of Bitcoin to the current price had a very sobering effect on those who unconditionally believed in its constant rise in price. Now it is hardly possible to repeat this situation. Bitcoin holders will already partially withdraw their funds from Bitcoin, if it again begins to rise sharply in price. At the same time, its price should already fall rapidly. Thus, the bitcoin bubble will no longer grow so quickly.
What if Bitcoin is not traded for anything? Imagine Bitcoin is the single money for the whole world and the value is always the same. I do not know how this is going to happen but even in the present case if BTC's value is not evaluated with USD, BTC=BTC.
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If you have resistance against volatility then you can survive till end and if not, you will oblige to leave in the first break. I do not think it is the right time to go back because while the price drops again, their losses will increase. I suggest you be cautious, there is no law that everybody will definitely gain. Maybe the right time will never come.
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1. Speculative/trading/buying coins hoping to get rich.
2. As a medium of exchange, currency to buy stuff just like you would for money.
3. As a means in itself to make money, i.e mining.
Also why did you get into bitcoin?
1. You were one of the first movers? You thought it was cool, interesting, you were here from the start? 2. Revolutionary ideas that it's going to change the world, banking system, etc. 3. You were just curious and then the more you looked into it, you saw how cool it was and promising(me). 4. Speculation, wanting to get rich.
If its value with USD concerns you, it means that profit is the main reason. So most of the Bitcoiners are here to make a profit. Besides it is also possible to add other selections. Yep I believe cryptocurrency will be the future until better money system. Because adaptation of paper money with the technology developed every day will be impossible.
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Hacker stole my funds from blockchain
I think you should not blame Blockchain.com. They can not provide security as offline wallets. It is possible to use 2FA as far as I know and this is huge mistake you made. Anyway this is a sign of being more careful in the future. You should consider this as a gain not as a loss. Loss could have been bigger.
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In Feb 2018 i made a list of ICOs to invest in. These were highly hyped and advertised coins. I am looking today at the curves and they are all flat liners!
The day trading volume is 10 times the market cap, as if the company was being bought and sold 10 times per day. If it's market manipulation then it's idiotic. If it's trading bots manipulation then it is machinidiotic.
Any good explanation of how this can happen?
If you look carefully, the size of the volume does not belong to today only. Pay attention to the last one month chart and you will see that only in the end of November the volume was around 1 million, afterwards there were even times when it reached 4 million and for the large volume, the price has moved very little.
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it seems that I feel very sorry not only you, but me and everyone who is just trading cryptocurrency feels late because they cannot buy coins at cheap prices.
You will not find a cheaper price than the current price to try, if you think you are late for the price. In fact this price may not be the bottom price but this price is 2 times cheaper than the price a month ago.
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I still don't understand why people are so worried about bitcoin present condition, new cryptocurrency investors are the ones getting everything wrongly. After months of living in worries i desperately want to understand how crypto works ,while using coinmarket cap I came to understand that Bullrun and bear run will always come around ,from 2009 to 2017 graph clears all my doubts as many bullrun has been in existence since day 1, 2017 was the highest ,what will be next ? 20k ? 30k or double of that ? We all need to chill and relax ,this days will always find their way back in time .Do your research ,past histories have all your answers
I agree with the last words. No matter how much the price increases, people will always want more. Greed is in every human nature and it is impossible to change it. We should not be so comfortable about price recover. There is always a risk and no one can guarantee that if the price goes down, it will definitely be returned.
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Let's all be prepared ,the way I'm seeing things I think bitcoin hasn't find its bottom yet ,I'm guessing around 2500$ before we see better recovery ,always remember cryptocurrency is never for the weak ,be prepared and do what you do best ,things will surely turn around but good things never comes easily .
I do not think we can come to a conclusion by analysis without reason. It is just a possibility you said and I do not agree that the price will go down to 2500$. Those who lost their trust in Bitcoin have already retreated and the rest people are waiting for a bigger price.
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Campaign : ### Signature ### Week Number : < 9 > How many posts have you done this week : < 13 > Did you had Gigzi Avatar whole week : < Yes >
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If such debt had existed in any other country, they would have already collapsed. America can produce as much USD as they want and with this money they can close debts. But it will be worthless after dividing up 21 trillion USD with other countries.
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I put myself in the position of states and why should not they create the crypto money that is more suitable for themselves? Because the acceptance of Bitcoin will create big problems for them. Bitcoin is too volatile for ETF. I don't think we'll get listed there soon enough though because of all the dramas and the performance that had Bitcoin get into. Maybe when Bitcoin is in its peak, we might have a chance to get listed there.
''Volatility'' is useful thing as a reason. In my opinion there are reasons that cannot be solved more than volatility.
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Blockstream Satellite Now Means Most Of The World Can Use Bitcoin Without Internet. What's your opinion on this one? Do you see it as progress or not? Until now the only thing we know is the internet, so I have no idea how this will be copied to the satellites. In my opinion this transactions will only happen after the Bitcoin is sent to this network via the internet. It must be so innovative that its transactions create a desire for people to migrate.
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Hi all,
Do you have any strategy how to recognize signals when market changes from bear to bull? I earned now some extra btc coins by selling on higher price and buying at lower. But i am weak to see when market is changing to grow. Usually i buy in not correct time and after while positive grow is turned back to fall. But how to know when the signal for grow is the correct one? I tried to use indicators but there is huge number of false signals and this did not help me anyway.
It would be better for you to keep calm and wait. The signal given to you about the market can only be correct if you have a chance. Because there are not enough tools to perform fundamental or technical analysis. Only short term trades may be useful.
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yesterday and today I saw all altcoins rising. is this the beginning of the recovery market? if I buy now whether it's good or I have to wait until it's really safe.
give me your opinion, which one should I do.
Perhaps this is the beginning of the price increase, perhaps not. The truth is the average prices you see in the CMC. But as far as I am seeing, this 9% increase of BTC has a more positive effect on the price of altcoins. So the price increase that WAVES has shown in the last days is a notable increase.
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It is not known whether this is recover or not. Because the price has recovered just 9-10% of lost value and afterwards the direction of the movement is not known. Anyway we cannot expect a logical explanation of every movement. This is just a price that comes from the psychology of the majority.
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Is it better to get BTC via mining or buying now?
Firstly it does not matter where Bitcoin comes from, it just depends on how much you believe. So if you do not see its future brightly, why waste your money on getting it? Secondly as far as I know, the market price of Bitcoin is lower than the price of mining. In addition mining tools are renewed frequently and it is impossible to get against it. So it might be better to collect from cheap price for now.
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