I believe we will touch 20k before halving but fail to break it until after. This is in line with my belief.
Everyone believes that bitcoin will really touch again the price of 20000$ but we still not sure that it will happen in the end of this year or even in the year 2020. As of now the price of bitcoin are now near to fall 7700$ which when it might result to another bear market because it will keep on falling down. I guess the bitcoin halving will be the big event that can bring new bull market to us. It will not a long time for bitcoin to reach $20,000 if the market is ready as we have seen over 30% in crease overnight during the bull run ans we are just a bull run away from those magical numbers but again the worst part it we don't know when as I am sure $8,000 is not the permanent value of bitcoin as it will pump but not sure when. |
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I wouldn't say it's 'losing value'. Inflation is a very normal thing to happen and just because it's occuring doesn't necessarily mean our dollar is worthless.
For example, some countries have the lowest inflation rates occuring right now and just because there are more bills in the economy, doesn't mean the economy is worth less or more.
I reckon we'll see cash being obsolete in a couple years and fiat and mobile payments quickly replace everything for several years.
I think OP is using the wrong words, not losing value or losing worth, because that is also experienced by every commodity or currency. Fiat losing of usage will be far more real. I myself the most anti person to save fiat for the long term, we know how prices of "goods" will getting more expensive in the future while fiat rates will always go down. while gold has a much more stable rate, and is safer as a long-term deposit, Also for bitcoin are getting more popular, in my opinion fiat will lose its usage over time. Let's respect what the op said, it was just an opinion and that should be considered. Though bitcoin has more potentials to reach the best price, it doesn't mean we will neglect fiat currency's usability. Bitcoin indeed got so popular to people who has the mindset of cryptocurrency, but for those who don't have it I think it was tok hard and unbelievable for fiat to become obsolete. What he said was true as the OP has used wrong word which does not makes any sense as gold and fiat will never lose it's value yes there are regions or a set of people who used to invest in gold in the past might have turned towards the crypto but that does not mean that the fiat or gold has lost it's value in front of crypto currency. |
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I also think as you said, if we see that now bitcoin has become popular among people especially young people now they are more interested in investing in bitcoin than they work in the real world and if I think bitcoin miners are not too much compared to people who invest in bitcoin because if someone wants to mine bitcoin, they must have a lot of capital to buy mining equipment.
I would say mining is the worst option for anyone without a huge capital and risk investment as I have personally incurred huge amount of lose as due to volatility as well as high cost of electricity as it was profitable initially then the marked got doomed. It's better to avoid mining if a are a low or mid level investor as this is not for us. |
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For Bounty Hunters
Even if i advice you not to give up on doing researches on every proje ts before promoting them this doesn't mean they wont scam you or waste your precious time BUT still the only question you need to ask is, Are there bounties that pays hunter good rewards this year? YES they are very few and good projects take time, Do not expect good projects every months cos its impossible
For Investors
ICO and STO are no go side, stay away from them because they are almost all red flags, IEO is here for you and all you have to do is go to binance for any new upcoming IEO fund raising, you will get positive results
Your advice to bounty hunters and investors should not differ a lot. For me, research is a responsibility more for the investors than the bounty hunters. The bounty hunters are not releasing an investment capital. Meaning there are risks involved in their job but all they will lose in case the projects are scams and do not pay them is their time. For investors, they are actually risking their time, wealth, and the efforts in earning those wealth. Again, IEO is no guarantee. And Binance is no guarantee either. But, as a bounty hunter if you wanted to have at least hope for the project you are joining at you should at least investigate it. It is also the duty and responsibility of hunters to at least introduce project to their friends and connection, since the success of the project is your success too, you can benefit a lot with it too. Yes whoever is going to be a bounty hunter definite needs to do a proper investigation and spend more time on research before becoming a part of it rather than regretting later to be a part of scam project and promoted it to friends and family members. Honestly speaking we cannot trust ICO anymore after what happened this year. |
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Lots of this happens in new projects. Some even reached round 3. The possibility of this is only 2, first, they sell with the reason to distinguish which early bird and which are ordinary investors. Cheaper prices in the first round or usually called presale or private sale. Until the next round where all the coins are sold out. Second, the next round occurred because in round 1 the hardcap was not fulfilled so a further round was opened to meet the target.
These are tactics of developers to pool in as much funds as possible and now most of the project does that with cheeky terms like bonus rounds and all, I think it's a waste of time as resource which shows lack of planning and improper execution in the first round which makes it spill to other rounds. Nowadays investors are bit hesitant to invest after a disastourous last year so developer needs to win the trust back with genuine projects. |
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October is almost over and it seems the prediction with the most votes might be right, I think it's high time we started looking at way at which bitcoin adoption will become more rampant, because that is the one of the best way at which the price can move upward immensely kinda fed up of checking the chat always
This time predictions are turning out to be true because we are at the end of October and I believe the right time for these sort of poll would be beginning of the month. $8k has become a stable value for bitcoin from few weeks with a slight fluctuations of few hundred dollarss either way around. |
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There is not something like average price.Market is dynamic and living.I agree 7800$ is good entry but if you will wait for 7800$ then maybe btc will touch 8050 $ and strongly rebound then
You need to learn a little about support and resistance levels.You will have general outlook then
Thats right, there is no average value or a suitable price for bitcoin, because prices and conditions will always change. at one time, we can say that the best price for now is $8k, but in the next few hours, because the crypto market conditions are easy to change, the price will change again. There is no best rate for bitcoin. As a whole there might not be the best price or rate but on personal ground there will always be best price to buy as as sell because everyone wants to make profit so I can't sell off bitcoin at $8k if I would have purchased it at $13k just because there is no best rate. There is no best rate to entry into this crypto world but there are best rate for every trade we do. |
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last July was the best price of bitcoin this year at $ 13,000. congratulations to those who bought bitcoin in January because at that time the price of bitcoin was only $ 3k, of course now they have made a big profit. and unfortunately I missed that. because at that time I did not have enough money. and now i am trying to buy bitcoin at a price of $ 8k hopefully in 2020 bitcoin can reach $ 20k this is the hope of all bitcoin investors.
Well, that is the hope of all the investors but things might or might not go that way as there are too many correction phase which we are going through and right now we are struck around this $8k mark for long time and not sure it this is a buying period or we need to wait for some more time to see if dumps as this is definitely not a selling period. If everything goes well and if we see any bull run then we could achieve the mark of $20k. |
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The rate of scam is now so much, fake project everywhere, perhaps because it is cheap to start up and make profit from innocent newbies. This is why we should endeavour to make or carry out research before investing in any project to avoid pains and regrets
We need to look at this from investor's prospectus as well as bounty hunter's prospectus. A through research about the development team and their previous projects will be handy to judge the strength of the team and bounty hunters should not feel inferior and do their own research before joining any bounty as most of them are scam nowadays. |
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But why don't you find those beautiful airdrops once, whose only request was to communicate an address to receive the gift?  Those olden golden days are gone for ever. Nowadays these airdrops are just for advertising purpose and nobody will benefit out of it. Not even projects are really benefitting out of those wasteful airdrops. Those days will never return when airdrop means rewards which has been turned into a marketing tactic by fooling people out of it by rewarding something less than a Dollar and soon the concept of airdrop will die as users have learnt the lesson the hard way and bounty campaigns are following the same footstep and they are going to vanish from market as well. |
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In my opinion there's no late nor early buy but aslong as you enter on correct position then it's good since Bitcoin is so volatile
There is, in fact, they're called bullish trend (high price) and bearish trend (low price). So, it's pretty obvious that during a bearish trend, you might wanna buy as many Bitcoins you can afford, then during a bullish trend, you might want to sell during this season. There's no such thing as correct position because, you said it yourself, Bitcoin is volatile. But there's such thing called "correct timing". I repeat again there is no such thing called correct timing or wrong timing when it comes to entry into the world of crypto but as you have mentioned there are correct time to buy and sell as we prefer to sell at high preferably during bullish market situation and buy during the end of bearish market it's a natural phenomena of every users over here but some of them try to justify it's never a good or bad to to buy crypto which is incorrect. |
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I agree with you. The situation in the market now forces the bulls to rethink their position. Many predict the collapse of Bitcoin before the hypothetical next rally. This point of view is not without meaning. Whales may want to get hold of cheaper than now Bitcoin before the next halving of coin. A reasonable solution in this situation would be to sell some Bitcoins and have cash to purchase it in case of a strong fall in the price of the main cryptocurrency.
I think selling when prices fall like this is not the right solution, because this decline I think only price correction to move to higher prices later, So in my opinion holding your assets is the best solution rather than selling it. Holding on during the price dump requires a lot of patience especially during the era of panic selling but I personally try my best never to sell off during the price dump as it's like selling dime for peanuts but there were situations wherein I had to sell it for survival. |
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Let me tell you of behalf of the bitcoin community that bitcoin has nothing to do with Brexit nor UK so I would request you to avoid believing in such senseless news and do a proper research before even posting such crap. Already bitcoin is going through one of most unpredictable stage and these sort of article might create unnecessary panic. |
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Another technique that I saw last week is that someone is sending stickers in the group that crashing your app, even admin can't delete in the phone, then they are messaging the owner of the admin of the group saying that they have a lot of accounts and they will do everything to distract the group, they are asking for certain amount of money and they will leave.
This is really concerning and trust me if we leave it here then this will take a toll on users as well as business based out of telegram and it's high time there needs to be a solution as they can literally hack accounts and get access to our personal data. I wish they could use their cunning brain to do something good for community rather than using it for extortion. |
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Maybe you right with bitcoin losing popularity with very lower price today, for October bitcoin never back to raise higher price and still down with $8 where last month bitcoin above $10k, will become bad thing for bitcoin losing popularity and give bad for altcoin price? lets give best for bitcoin can raise to higher price again and we need to get much profit with bitcoin investment for long time because only bitcoin become profitable investment.
Fluctuations will always be there as a part of bitcoin and crypto currency world as long as a group of people hold huge amount of bitcoin or until there is demand and supply which cannot be stopped and I believe bitcoin always comes back stronger but last 18 months has not been as expected but things will change don't mix up altcoins with bitcoin as they cannot survive without bitcoin. |
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Your exchange will help the newcomer to understand how to invest with the exchanges, in the same way, already we are seeing the list in the CMC which are based on the volume they are generating. But your guide will help to start using the best exchange which has secured some good reputation in the market. Not every exchange with hig trading volume cannot be considered as reputed because many exchanges using bots to increase their trading volume so we need to confirm the real trading activity by entering into the particular exchange rather than trusting anyone. Yes bot trading is cheap techniques which mid and low level exchanges have adopted to food users and trust me I had one of the worst experience with coinbene due to bot trading and that's why I always choose binance over all the other exchange platform. |
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My research show BTC will go exceed 30k$ in 2020, why? Well im not able to share with you this information, Its up to you to believe me or not? Remember in Feb 2019 when btc was 3k$ I told you it will go to 10K$ but some of you laughed at me ( search and find my post ), There is a new Cycle for BTC in 2020.
We are aware that the value of bitcoin will increase but $30k is achievable but the question is about the stability and your claim looks like a shooting an arrow in darkness and of you really have any concrete proofs for your claim then kindly produce a hint so that we could validate it. I don't belive in this prediction. |
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Its not good time for us to spending our bitcoin stocks.at this moment bitcoin slowly but sure trying to recovered price could rise and stabel above $8k now.perhaps if there is some trigger we will see bitcoin will flying.moreover halving time will happen in near time.less than one year we will see bitcoin price could back to last all time high again.
It's the time for converting other altcoins into bitcoin rather than just selling off as the value of bitcoin is somewhat okay now which might fluctuate again but we have not seen a significant amount of fluctuation in few weeks so this might prove as buy time because value of most of the altcoin is paused at same level wherein bitcoin is making progress but people should not be disheartened by minor dumps. I refrain from predicting if bitcoin's value will go all time high or not as it's too complicated nowadays. |
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Safe Haven for criminals and who don't want centralization. Bitcoin is used and dry popular mode of payment in the darkweb. They are free to collect funds without being revealing themselves. Bitcoin is not a safe Haven for people wants stable income. No it doesn't work that way. Because we all know how the market behaves.
I beg to slightly differ from your opinion but these are too harsh word because bitcoin was coded as a mean of hassle-free transactions without having to pay huge commission to government or third party and to have a control over our fund without the interference of government but it's sad to see how things have changed and it's going into wrong hands like criminals, smugglers and all. |
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Most of the exchanges have a minimal trading fees of about 0.25%
I see many people discussing trading fees here and there and that how high the trading fees is.
Does 0.25% really make a huge difference if you are earning at least more than 2% ?
of course it is a problem, especially for whales that conduct daily trading by looking for small profits like 3% -5%, and of course this is a big problem because they once traded spending hundreds of thousands of USD. That is why there is always an exchange that gives a VIP account to whales, so trading fee will be cheaper. I am also trading sometimes, when I do have time, so I am also considering the trading fee, and perfect for me is Binance and BitForex, those platforms have great trading fee, and also I am checking the convenient, I am considering the user friendly exchange which I have seen there. If trading fee doesn't matter, then it will be hard for traders to take profit and trade. Yes it does matters and even I look at the trading fee while making occasional trades (it's been a while) and Binance is reasonable and has been handy for me so far and even the transaction fee matters for me because there are some exchange which has a fixed transfer charge for bitcoin which turns out to be huge when the value is high hence sometimes I have to convert bitcoin into an altcoin with lesser transfer fee before withdrawing it from a trading platform to another. |
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