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Bitcoin's value is driven by the community support.It is not a virtual currency and it is a digital currency.Its far better than a US dollar which is just printed infinitely and not based upon the amount of gold reserve the US government have.
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what we'v seen in the first 3 month of 2018 are huge different from what we'v been expected to see in 2018
well when you expect bitcoin price to constantly rise without any downtime to accumulate, you will be disappointed when you face the reality! so with the last huge movement of bitcoin price what do you think ,
is it possible to see 2600$ again ??
just because we had a drop it doesn't mean any price becomes possible. and no matter how much you wish for a ridiculously low price, it will never happen just because you wish it. Absolutely right.I would say that OP's dream is far away from reality.We could see that from the time when bitcoin futures were launched,bitcoin price never fell below the 6,000 dollars deadline and it has successfully tried to maintain 6,000 dollars as it's base price.Also bitcoin has just now started to travel in bullish trend and the recent price dip to 8,500 dollars would only remain for a short period.Once again,bitcoin would bounce back.So just stop seeing unrealistic dreams. |
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It is true that those who sell at the peak price are very lucky and wait for the price to fall again to buy packaging, because bitcoin always experience bubbles at the price.
That's the trend which most of big whales do thus selling their bitcoins at ATH and waiting to rebuy at down trend.That's the thumb rule in trading to buy lower and sell higher.Actually those who trust bitcoin deserve the most to get benefits from it. |
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As we see the ethereum price is getting low and low every day. It was same thing happen with the Bitcoin in the past then it has reached where it is right now. Will we see the ethereum competing with bitcoin in the coming one year?
Ethereum is totally a different altcoin and it could not be compared with bitcoin.Ethereum is still not known by users widely as bitcoin.More over,every time when a social media like Facebook,google or Twitter takes actions against crypto ads,ethereum suffers the most. |
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since such countries naturally have very cool climate,investments in buying cooling equipments to cool down the excess heat produced during mining process might leesen the initial investment.But not that single factor could be considered as a reason for increase in mining in such countries.
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Btctalk name: fanbeila
Rank : Hero member
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Since I have been trading, every correction has been followed by new all time highs for most cryptocurrencies. If this trend continues, many of us trading today will become wealthy. On the other hand, given the growing trend of new government regulations, this may be the beginning of a long winter. Where do you think we're headed in 2018?
No.We shouldn't see government regulations as a negative factor.Instead we should welcome it and it would help more people come towards crypto currencies.For instance,SEC of US has ruled in favour of allowing crypto currencies and we could see its positive effect over crypto coins.Now there seems to be a beginning of bullish trend as bitcoin price has crossed 11,000 dollars.Now with higher transaction fee issue getting almost solved due to segwit,we could now expect even big players like Amazon accepting bitcoin payments which would increase its demand more and hence its price. |
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I have been investing in cryptocurrency for 5 months . I am buying some icos and holding coins. I started with 5000 usd. And sometimes my balance went up to 30k and down to 12k . I feel very uncomfortable when my balance is dropped.
So i want to know is there any strategy to protect your balance before the dump?
Anyone can help please.
Thank you so much.
Doing our own analysis and finding the most under valued coin is the best possible way to stop losses irrespective of the market situation.We could just stay cool even if our invested coin price goes down as we know it would retain soon.Also you said that you invest in ICO and that's also another way which investors nowadays use to avoid losses by trading.Just invest in ICO and sell your ICO coins when it's price increases. |
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Its true that a recent innovation pulls back the existing dominant company and we have seen it throughout history.Its due to updated services provided by the newcomer so that people shifts from the older to the newer.But it is not the case with bitcoin.It has been already programmed by satoshi with all the salient features needed in today's environment.Also,the only issue which it faced is the high transaction fee and slower confirmation and it has also got solved with segwit.So there seems no potential in any coin to replace bitcoin.
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Day trading has been always enjoyed by traders in altcoin market.It is actually useful here as this market is highly volatile.It was mostly used earlier by traders to make quick profits making use of quick fluctuations in price.Traders have to finish trades very quickly in lesser margins.But when the whole market turns red,then it would be very difficult for traders t make profits.Nowadays since bitcoin price has started to steady increase high,many day traders have just decided to buy and hold bitcoins instead of day trading and taking unwanted risks.
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Its true that many times,the market faces some effects due to media news.Most of the time,such media were influenced by big whales to make their desired effects over the market.But being a trader,it would not be good to always decide to exit based on media news.Every trader should have his own strategy and should set his own target limits so that he could remain clear i his decision of making exit despite critical market situations.Some times,they would have to wait till recovery of osses and some times they would have to just exit bearing losses to avoid facing more huge losses.
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Hello....Guys
As we know that the Cryptocurrency is very trending these days. Of course, The Bitcoin Price touches new height day by day and the good thing is that most of the people get more and more benefit from this currency. But I am looking for Alternate Option like Ethereum. So please Suggest me. What's the Future of Ethereum after 5 years of more?
Bitcoin is now just getting used as a store value.Ethereum seems to have a solid future because of the smart contracts.Smart contract programs such a s ethereum help to make existing systems better.Processes like legal contract between individuals have become transparent processses due to which more nations are marching towards ethereum smart contracts.Canada and brazil are two examples which are entering in to ethereum platform to enhance their legacy infrastructure. Ethereum's demand would not be a fluke but rather a reality due to increase in use of smart contracts. |
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Have a reason before entering each trade: Start a trade only when you know why you’re starting and have a clear strategy for afterwards.
Not all traders make gains from trading, since this is a zero-sum game (for everyone who benefits someone else loses on the other side).The Altcoins market is driven by large whales (yes, the same ones responsible for placing huge blocks of hundreds of Bitcoins on the order book). The whales are just waiting patiently for innocent little fish like us to make mistakes. Even if you aspire to trade on a daily basis, sometimes it is better not to earn and do nothing, instead of jumping into the rushing water and exposing your coins to losses. From my experience, there are days where you only keep your profits by not trading at all.
Yes its true that big whales wait eagerly for newbies to enter the market to make them panic and sell their holdings.Actually newbies are the one who help big whales to survive in this market for a long time by giving their share to them at a much lower price.Its an ongoing process as newbies would be entering day by day.Newbies should not blindly follow the media and also the social media as they would have been filled with lots of FUD. |
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I just wanted to know if anyone has theories about the impact of having bitcoin futures. Although there seems to be not many people shorting hehe
Impact of bitcoin futures was clearly seen in the first month itself leading bitcoin price tp reach ATH of almost 20,000.But now it seems that it has no effect over bitcoin price and bitcoin is totally free from the impact of bitcoin futures.Earlier bitcoin enthusiasts much feared that bitcoin futures would almost make bitcoin price crash just like tulip bubbles,but no such thing has happened and bitcoin has recovered and its now travelling on its own path. |
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I would advice you to take the second option.Don't wait more or the price to fall as such chances are seen very low.Every aspect seems to be positive for now.SEC admitting positively about cryptos,FUDs such as india to ban bitcoin getting washed away,south korea not to ban cryptos have all added fuel to the fire and have made bitcoin price rise.Now,its totally travelling in the bullish trend.So,just buy it and when its price crosses $15,000,then your loss would get compensated.
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Its always good for cryptos to get regulated as it would help them to progress in the long run.By getting regulated,people would get enough confident to invest in cryptos instead of getting feared anytime whether the cryptos would get banned or not.Regulation would help cryptos to get accepted as payment widely.
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One point that its value is unstable to make a purchase could be accepted but the second point that its neither a store value could not be accepted.We all know that he world is getting crazy to use bitcoin as a store value due to its ever increasing price.It has outperformed all the assets and stocks available today.Many gold investors have shifted to bitcoin and many stock market traders have now turned their attention towards crypto trading. So,he is totally wrong by terming bitcoin not as a store value. |
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Earlier china influenced a lot on bitcoin but not now.Then south korea had very big influence on bitcoin with bitcoin traded mostly in the exchange bithumb .Then i think now its india's turn to influence bitcoin with such a huge adoption taking place there and at the same time,negative news coming from the government side.
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With the good Bitcoin market, there are a variety of digital currencies, one of which is called bitcoin cash, we will always be confused, in fact, when I first saw it, I feel the two of them are the same. Do you think they are the same? Can someone give me a professional explanation of what makes them different?
Bitcoin is the first crypto currency created by satoshi to help people to get independent of banks to send money.It is decentralized.But bitcoin cash was created by a hard fork and roger ver is responsible or its creation.It is fully centralized.Roger ver tried his best to pump bitcoin cash and replace bitcoin.But he failed in his historical pumping attempt.Since it is a forked coin from bitcoin,it has huge marketcap next to bitcoin otherwise it would have been left unnoticed. |
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