It is true, market cap on cryptomarket rising from around 250billions dollars and market cap right now around 350billion dollars. I think cryptomarket already recovery and start to bullish again. But as we can see, bitcoin dominant drop from 45% last week become around 38% and i think its altcoin season
it is too soon to have an altcoin season. what we currently have is a stable bitcoin market where traders migrate temporarily to altcoins to pump and dump them and make money while bitcoin stands still. these pumps will obviously increase the total market cap. an altcoin season is usually during summer and it is a market wide altcoin pump which is actually rare.
|
|
|
The answer is that it often is not, at least for most people, most of the time.
wrong! bitcoin IS a better payment system. the correct statement would be bitcoin is not perfect. and what is perfect in the world that we live in? nothing! of course there are always pros and cons to any system and bitcoin is no exception either. but the advantages are outweighing any kind of disadvantage or imperfection that bitcoin may have and that is acceptable. I believe once bitcoin reaches full scale and the second layer scaling infrastructure has been completed it will enable a much better, faster, cheaper, more open and transparent payments system. The current financial system is so manual and inefficient. the second layer scaling solution is also no perfect. although it is a good and very interesting solution but there are still downsides to that too. but as I said as long as advantages outweigh all these downsides we have a good system, and that's how bitcoin is.
|
|
|
The answer is that it often is not, at least for most people, most of the time.
wrong! bitcoin IS a better payment system. the correct statement would be bitcoin is not perfect. and what is perfect in the world that we live in? nothing! of course there are always pros and cons to any system and bitcoin is no exception either. but the advantages are outweighing any kind of disadvantage or imperfection that bitcoin may have and that is acceptable.
|
|
|
I thought this was generally known already, at least i saw some people say they asked their imam who said it should be halal. So i think the news has more influence on the pirce then that it is really halal.
true. it was already known to Muslims that bitcoin is "halal", in fact that is why they have been investing in bitcoin all along! but this is more of a public acknowledgement of bitcoin by Muslim scholars and it will do two main things. first of all it will resolve any possible confusion that any one might have had and it can guide them into investing in bitcoin. second it is considered a good news like anything else which can lead to a rise which I think it is already priced in.
|
|
|
I believe that any good thing does not say "im good" but works silently. It must be written in front of this topic [ANN], this propaganda information more than being a technique. I have not used this wallet before but no reports again it do not mean it's good.
It is best to post information such as support segwit, control fee, backup options ,....etc
I don't know why OP is advertising this web wallet here! maybe he is trying to generate traffic to his own website which he linked at the bottom! in any case the [ANN] or official announcement topic for BTC.com web wallet is here: https://bitcointalk.org/index.php?topic=1572823.0 which was created nearly 2 years ago and is active still. so there is no need for this topic anyways...
|
|
|
when China tried regulating their shady exchanges, some of them stopped all their work in China and moved outside of the country and continued there but not with the same power. in case of India the same thing may happen but also it is worth having in mind that most of the Indian trading volume is coming from P2P trades where people don't even use any exchanges for example when they use localbitcoins to meet and trade. in which case the exchanges have a better chance of staying in the country and be regulated.
|
|
|
it mainly depends on what you are trading! if it is stocks, Forex,... other big markets then day trading is something like 99% skill and 1% luck. and you can only be successful in it if you have the skill.
but if you are talking about bitcoin then it becomes a little different because bitcoin is still a small market and it is subjected to some unexpected fluctuations. so it is something like 90% skill and 5% luck and maybe 5% timing.
and if you are talking about altcoins then everything goes out of the window because not only they are small but also very manipulated. so it is more like 10% skills 10% luck and 80% familiarity with the market and how manipulation (aka pump and dump) works.
|
|
|
the "bull market" doesn't have to be all over the place. it can only be in one coin for example bitcoin's bull run can start like always while the altcoins are getting dumped hard as they usually do during bitcoin rises.
if it is profit that you are looking for then learn how to trade and make profit from the market no matter what the trend is. and also if you look at the altcoins in general you can see that there are a handful of them everyday that are getting pumped and the next day there will be another handful. these pumps can be opportunities for making a lot of profit if you know how to join a pump and dump it soon.
|
|
|
As LeGaulois says, use telegram for all contacting FB and twitter are outdated. Also, I've had the similar problems with blockchain.info. It's possibly that they're either doing maintenance or the sms/mail service is down for some reason. Open one ticket and don't bump it, it won't do you good. Also, try checking their announcements for some updates or downtime maybe.
I have seen a case about blockchain.info where the user was not receiving SMS for his 2 factor authentication no matter how much he tried. with some work and contacts with blockchain.info support it turned out that they were in fact sending the SMS but he was unable to receive it because of his service provider. long story short they sent him the 2FA code though multiple different numbers and he received those instead. so it may be worth checking with the service provider to see if that is the case for Binance 2FA message also.
|
|
|
I wouldn't say these are "relevant" because none of these incidents have anything to do with a "wallet", these are all exchange platforms for trading cryptocurrency not storing them. a better example (which may not be as relevant either) would have been the blockchain.info incident where they were using random.org for their RNG which led to many users having the same private key when random.org change that specific webpage and that meant big fund loss. I say it is irrelevant because it is more like bug than a hack.
|
|
|
With the amount of money in the marketplace now I don't think we're gonna have a single bull run gain anywhere near 50x from the last bottom. I could see eventually $200k maybe 5+ years from now after maybe three more boom/bust cycles.
that is true only if you think bitcoin is going to stay stationary and have no more adoption from now on! but what you are missing is that less than 0.5% of the world are involved with bitcoin and a very small percentage are even aware of bitcoin. we are talking about adoption here not the money that already exists in the "marketplace". and adoption is something that is growing and sometimes there is some kind of hype like last year and it shoots up and takes the price up with it like that. this will only become bigger as times goes by, that is why the chart of it should look like an S curve. Though I wouldn't be complaining if it went a lot higher! If Bitcoin even gets close to $100k I'll have hit my life financial goals so that'd be great to happen in the next 1.5-3 years! the only way for that to happen is that you hold on to whatever amount of bitcoin you have. but can you or will you do it? most people can't stand the pressure and sell.
|
|
|
The dip was the signal to buy more. What I'm more interested is with their prediction that bitcoin will definitely go back to $20,000 by December this year. we might see a very tricky $6000 yet again or can even go under that.
3 months of full corrections and dips would be sufficient for the market to start rising but still we can't be confident with that. Finger crossed that all of those sufferings were through. What was the "home" range again before it suddenly flew up to $20k? Was that $15k? Even if don't hit the ath again this year, I'd probably be content with 15 grand. it probably wouldn't happen the same way this time. there is a bigger chance that we are going to see more of a slow rise for a long time now. right now it is mostly sideways and jumps and slow rises combined but this can potentially change into a slower rise up like back in 2015 and because of that we can see $20k be reached by not suddenly. it may take the whole year this time. then after that we will see the big rises.
|
|
|
The blockchain works very slowly. Not only that, it is very expensive when dealing on this network. If I had to send you some Bitcoin, it would take a few hours to receive them, and I had to pay a large transaction fee. With how to do this, Blockchain alone can balance the world of cryptocurency here?
Bitcoin's network is congested due to its rising popularity and use. The key for bitcoin will be to upgrade for mass adoption. Right now the Lightning Network is being developed the fix the issues you brought up. The future is in off-chain scaling. have you people been using bitcoin ever or are you just spamming here? about 5 months ago fees were high for a rather short period of time and they have been pretty low ever since. and bitcoin was never slow the fees were higher. maybe next time at least check the mempool or something before making comments like these...
|
|
|
These past few weeks I always losing in crypto trading, I'm considering using bot to trade.
exactly because you are losing money you shouldn't buy or use a trading bot! first you need to learn how to trade and then you need to gain more experience in trading so that you know what to do under different circumstances for example when there is a bear market. But I can't afford to buy one that cost so expensive.
try to at least first make twice the price of a bot from trading then think about buying one.
|
|
|
I've been watching Dogecoin closely, and it started growing some time ago (before the recent Bitcoin surge). To me, it is a telltale sign of the market sentiment change.
the market sentiment may be changing but I wouldn't make that conclusion based on the fact that some altcoin made some rise. if you check the altcoin charts you will see that this is a pretty common thing that altcoins get pumped regardless of what is happening in the market in general. we may be in a bear market or a bull market and still some altcoins do whatever they want. that is why it is called a pump and dump market.
|
|
|
governmentS don't prefer banning bitcoin. some rare cases did that because they were running a corrupted system which they didn't want to be disturbed an bitcoin was disturbing their corruption. the rest of the world will regulate the usage of cryptocurrencies, mainly the usage by the merchants not generally. and most of them is for taxation purposes.
|
|
|
Bitcoin is in a cycle which most investors dismiss and will always recover beyond its previous peak. 2011: Bitcoin fell 94% 2013: Bitcoin fell 87% 2014: Bitcoin fell 83% 2018: Bitcoin fell 70%
two conclusions can be made from this. the most interesting one is that as the market grows (not necessarily because of market cap but mainly the volume and number of users) the volatility decreases and the big drops also decrease with them. the other interesting conclusion is that bitcoin price is rising in long term. this may not be the obvious one but if you look at the charts, you can see the price is rising no matter how many and how big a drop it has.
|
|
|
it didn't drop down to where it started, price is still above $8000 and the most drop that it has is to $79xx an where it started was at $6800. I have not been following the rest but the initial rise of bitcoin from $6800 to $8100 meant a big drop for all of the altcoins you mentioned, then after 1-2 hours these altcoins started rising because the money just woke up in altcoin market and the bitcoin effect pulled them up with itself a little bit.
|
|
|
Viewed from your chart it's only from March April, You should see from chart / graphic bitcoin movement every year, almost forming the same pattern, I'm sure pattern will be repeated this year certainly rise at the end of this year. Indeed, predicting bitcoin value is quite difficult because of different causes can be due to bitcoin trend, demand & supply, negative Issue of bitcoin, world government policy, etc. hopefully at the end of this year runs the same as the end of last year
Tons of people cherry pick charts to push what they want to see or what they expect, truth is Bitcoin doesn't follow charts reliably it does what it wants. I am also not much fan of these chats and graphs. I think the demand is based on human behavior and it cannot be show with charts accurately. technical analysis is a way of showing and also predicting that demand and human behavior. it is not really something special and it is not always true. it mostly shows one of the many possibilities or sometimes even a couple of possibilities that may happen and then you can have an easier time making plans. although when it comes to bitcoin TA is not as effective because things are a little less predictable here.
|
|
|
Now, I was thinking... Why has Freebitco.in not jumped onto the Lightning Network yet?
do you have a Lightning wallet, or an open channel already? do you know how to use it? if no, then there is your answer! if yes, then how many others do you think are the same as you? faucets (micro payments) is popular among beginners and they certainly aren't even familiar with Lightning Network yet let alone having a wallet for it.
|
|
|
|