If the coin is under $1000 but still tradeable then we might not consider that coin to be dead. you see there are also coins under $1000 ; coins at 0.0-ish value but still freely moving and has signs of trade-- tat is still alive. but in bitcoin's case diving from $20k to $1k then I still don't consider that coin dead. If it reaches 0.000-ish then we might say that it is over for that coin.
You right. even a 90% drop is not necessarily the end of the coin. if Developers have a good strategy to recover and the coin has a strong community a comeback is a possible. but don't even hope like this for a small altcoin without potential. they could die anytime |
|
|
|
People keep spreading thse kind of prediction always not only about crypto end they also said the world will end in 2012 and 2017 and in 2020 but no right so the predictions are prediction which is the thought of someone which is not enough the reason it will happen.
Its absolutely FUD. nobody knows when bitcoin will die or when will the end of the world lol. what is important now is that bitcoin continues to grow and spread and more stronger it will make the age of bitcoin will be much longer. don't take this topic seriously. this is just someone's fud and speculation |
|
|
|
Those are not real crypto-currencies. Those are just digital versions of the fiat currency, similar to Paypal or Skrill. A crypto-currency should be decentralized. It can't be issued by any central bank.
i am agree with your statement. If crypto issued by central banks or government, i am believe its not different with fiat money but in digital form. They still control the supply and the price to maintain their money supply in market The government or the central bank will not be able to officially issued other currencies other than fiat. especially cryptocurrency is decentralized. certainly outside the government system. other than that the rules in the government are also not allowed to make 2 currencies in 1 country |
|
|
|
Giving every tribe opportunity to deal with bitcoin in their daily life usages, Bitcoin has no boundaries, by allowing bitcoin globally we can do business with international partners
but this can only be possible if governments legalize bitcoin in the economy.
At least the introduction of bitcoin to the public adds to their options for jobs and doing business so as to provide a good additional income for them. the point is that bitcoin gives the possibility for investors to profit that makes the economy better with bitcoin |
|
|
|
Of course we need to avoid our emotions in crypto trading. Cause if we become very emotional in trading then our losses will increase. So, we need to be concentration on our trading.
I think it's clear and many people say about this to avoid emotional feelings in trade. I give an example of one thing that is often experienced by many traders. when prices weaken many traders use their emotional feelings such as fear and panic. they do not prioritize technical analysis for their choice. so there was panic selling happen |
|
|
|
First, nobody is perfect, so its also applicable to crypto trading. I guarantee you that everyone has suffered a lost one way or another, its just how you react from your losses. Other lost interest, but there are people who take it as a challenge.
Yes, its possible to trade with small amounts. I started with around $100 was able to grow it overtime specially last year, but 2018 is different, hard to make a decent returns unless you're willing to take more risk specially day trading.
You're right there is nothing perfect. every trader must have suffered losses even at the beginning many traders also definitely experienced many failures and losses. but you are right, this is about how you deal with your losses. some traders see this as a challenge so they can get up and learn from experience. secondly no problem start with small amount |
|
|
|
Crypto trading is a very complicated thing with a lot of hidden secrets and tendency issues... Obviously it is not for everyone, I think that 3-5% of traders only get good profits.
You right there are many instruments and many aspects of trade that must be learned and many things that you cannot learn in an article but from experience. thats why many people with extensive experience are more likely to have greater profitability. but I disagree if only 3-5% are successful. because a lot of my friends are traders and more than 70% of them are get profit |
|
|
|
Keep your bitcoin in a cold wallet where no one will ever know that you have it.Luckily in my country, it is unregulated but it doesn't mean it is illegal.
Thats right. unregulation does not mean illegal because many countries today have not given any response to the development of crypto in their country. so that many people in that country are still free to use bitcoin. |
|
|
|
In the spirit of mass adoption we are likely going to see the death of PayPal and other payment gateways. Do you foresee the death of PayPal soon by Bitcoin? At some point people would want to feel safe in not tying their credit cards to any online payment gateway. Your thoughts?
I still do paypal and I still want it to exist, because there are transactions online that are suited for paypal users, like you are going to transact to people you don't know and there are online stores that only caters to paypal users because paypal tos is suited to their needs. For now paypal is still preferred because many online merchants accept payment by paypal and other facilities that make paypal popular. but when acceptance of bitcoin is the same as paypal that it is accepted everywhere. I'm believe the use of paypal will decrease. because in my opinion bitcoin has more great facilities than paypal |
|
|
|
I think in the future all countries will agree to implement regulations and implement crypto as digital payments, although not all crypto will be approved. Actually, regulation is important because it can help us to identify that the wallet is ours and can minimize irresponsible exchange fraud. although government regulations aim to limit withdrawals and audit each transaction.
Of course there will be limits when regulations are made. you will get government monitoring of the transactions that you d,. there are taxes, and other restrictions. for some people it's not a problem as long as regulation exists and provides a positive development for cryptocurrency. you're right not all cryptocurrency will be given legality and regulation. maybe only a few coins are trusted like bitcoin |
|
|
|
It is possible that China has a great impact on bitcoins but not to the extent that it can be destroyed, and if bitcoin is destroyed, they are also the ones who suffer the most.
I know that bitcoin users are very large and Chinese government policies like some time ago greatly affected to the market. but doesn't mean that bitcoin will be destroyed because of China right? You're right, bitcoin users aren't just China, so naturally Bitcoin will still survive even though China does certain things |
|
|
|
It is too ambitious to think of eradicating poverty. Why don't we start making one person's life better, just one person at a time.
This is not an ambition to eliminate poverty of many people. I agree with OP that to eliminate poverty must start from yourself, you must have the desire to change your economy. that is the key. if you already have the intention and want to change it. then you must have the spirit to find jobs to get income and change your economy for the better |
|
|
|
No time that fiat will totally be eliminated in the world, cryptocurrency may dominate in the developed countries but it will be difficult in developing and underdeveloped countries due to some necessary infrastructures like internet that may not be available.
yes maybe developing countries will use fiat money more because fiat money has become a daily necessity for their people. but if the developing country is able to do so it will definitely add benefits to the country itself. Nope I think even in developed countries they have their own rules where the government will always keep fiat as the main currency. bitcoin is just a foreign currency. even though its use is not prohibited but of course there will be restrictions such as rules and regulations that govern it. it's impossible for fiat to be eliminated |
|
|
|
And it's not just bitcoin. I know of Tapcoins, for instance, being accepted in hotels, restaurants and bars and I'm sure there are other currencies out there on the same track. Hopefully we hit adoption soon, as that's the future for this industry. Adoption is something that would in the long term kick in as that is something that cannot be avoided. It is a gradual process and we are going to see more merchants and companies in the long run trying as much as possible to adopt the usage of cryptocurrency as a payment method just as we have few who are already doing that. At least I know of some Automobile industries in the US that are now accepting bitcoins at most, and I believe as time goes on, we would get to see more of this. It is just a matter of patience and optimism as we will most definitely get there. You right adoption will require a very long process because in some areas not everyone wants to accept a new development and technology. Moreover, the rules that bind them do not allow using crypto. of course adoption will be increasingly hampered. but you're right as time goes I'm sure there will be more offline or online merchants who accept it. because users will continue to increase |
|
|
|
This is spot on and I love this part 3. never stop believing in urself and when things go wrong, u will learn a big lesson and be happy u did your best than following a footstep u know nothing about,
There is need for everyone to focus and do intensive research and also stop relying on information from other people You're right because there will be a lot of fud, speculation, and gossip when bearish happens. and if you just follow that. it will only worsen the situation. you are right You have to believe in your self dude. use your own knowledge for research. |
|
|
|
I have not paying for trading learning, but i think your idea is a good one and maybe some people will join that and pay for learning. Until then others people can watch videos on youtube and learn from there or just test directly with small sums and see how is going, if they make profit in short, medium or long term.
Paying for educate yourself is not a good way for our economy because teaching will always makes our economy more powerful otherwise giving money and learning is not about teach it is only for money. Lol. Most things right now aren't for free. Even now i'm seeing advertisements about crypto learning and i don't think there's anything wrong with paying so you can have better knowledge from experts. It will benefit you in time anyways. There are times when you really have to sacrifice money to get more knowledge. there is some knowledge that you don't get for free but from the experience of some people. and many of these people make a seminar, training and so on, and it doesn't matter to pay for join that |
|
|
|
The blame on bounty hunters is becoming too much. Do you think of whales at all? Bounty hunters in all only hold at most 2% of the total supply which will not significantly drop the price below ICO. Stopping it is impossible as people feel insecure when it comes to their investments in crtpro space.
Indeed most of ICO alocated less than 10% from total supply for bounty hunter and regardless blaming them because dumped the coins i think you were correct here that behind all of it there was several people who manipulated the price but very different if bounty hunter and the investors dumped the coins at the same time that i think this also will have strong influence to the price too but i think this is will never happened if people believe in the projects and dare to be the holders If the bounty hunter's allocation is only 10%. I don't think that the effect will be very large making the coin market go down. unless most investors lack trust in the coin. because in my opinion most investors will definitely sell the tokens they buy. after the project listing in exchange. thats what makes the coin market down |
|
|
|
I actually use to follow/tweet some best expert traders on twitter- They are my OG's they really make a lot of followers- To gain popularity and share their ideas about the market status- If there's a catalysts or they always shown Technical analysis for their traders worldwide.
Actually I don't like tips and signals from other people especially from twitter. because I once followed what someone said on twitter that coin A will pump in the near future. and then I bought it. but what happened was different from the prediction and made me lose. it's better to use your own calculations. there is a lot of information you can get from analyzing on the market chart |
|
|
|
People are into cryptocurrency because of its being decentralized and anonymous. This is the beauty of cryptocurrency and the future of the financial transaction. Decentralized exchange are few now but because of the KYC/AML many people will not like to expose their documentation online for transaction that is the main reason that decentralized exchange will always be preferred.
True thats what makes many people come in bitcoin. decentralization which makes many people interested in using this financial system. privacy will be an expensive item in the future. so I think there will be more decentralized exchange in the future |
|
|
|
I don't think Twitter can actually affect the price of bitcoin, for sure many people get some info but those who can really change the market don't care about Twitter, they do whatever they want.
It doesn't affect directly on the market. indeed some people do follow signals or tips from users on Twitter but that doesn't mean Twitter has a big influence on market prices. seeing that not many people follow the signals and tips on Twitter. there are still many other bigger aspects that effect than twitter |
|
|
|
|
Show Posts
