I've been thinking that now there are many market prediction projects. I'm using X predict market for example.
People will be able to somehow know the market anticipation in advance. Like will the price of btc rise or decrease?
But this information might change participators' choices again, how should we adjust our strategy according to this kind of information?
Well, my question to this is, Since you have been using that service, did it seem correct to you? have you been able to make the right decision doing your crypto trading with this prediction? I understand with a lot of TAs understanding, some people might be thinking they know where the market is headed and might have worked out that way too but I wouldn't always base my investment on those services but will try to check for myself and invest in what I am sure and try to do that at the right time. |
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Aside from monetary incentives in crypto, I rarely come across discussions pertaining to why the average enthusiast in crypto is involved with crypto. While the answer may be pretty straightforward, there are some outliers.
Crypto means much more than just monetary incentives, it's essentially a technical revolution that has involved the masses, something you and I can be apart of. Ultimately, that's probably one of my greatest interests for blockchain and crypto. Another big intrigue for me is the evolution of blockchain tech in itself. I've been around for quite sometime and have witnessed the evolution of cryptos, businesses, behaviors and attitudes.
These 2 factors, along with several others, are the reasons I continue to be involved on a community and business level with crypto. It's become a hobby, passion and business for me.
I know this thread is kinda old but still very relevant if we really want to think it truly, most even if not all the people in this platform are mostly about the monetary side of crypto hence you will always see most of the discussion in here is tilted towards that aspect. I believe that only a little portion of the audience here are ALSO looking at the technical part of crypto, the Blockchain, or the technology behind it. People will naturally not be that involved if they wouldn't get some form of a reward from it and this time, it is Financial. |
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BlockFi seems to be the platform with more reputation. But since the recent news we're getting with back to back regulatory issues, I wouldn't recommend it or any staking platform in general (I wasn't really a fan of any of em in the first place).
Personally, I'm happy with just holding my bitcoin on my non-custodial wallet and simply just waiting for the price to appreciate.
The same with me. I understand that the whole cryptocurrency investment is a type of risk but I also like to minimize that risk to a very low level hence, I normally don't like to stake any of my crypto assets on any platform that isn't a non-custodial wallet as you mentioned because of the general saying, "Not your keys Not your Coins" |
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Just as most have pointed out here, we cannot really determine where the price of BITcoin will be by end August however I do believe that it looks like BItcoin is headed in the right, uptrend direction now.  You can see that, all the way from back in October 2020 Bitcoins price have always been on top of the 50 SMA and the 100 EMA until the price finally went under sometime in May 2021 and have been trading below those lines since. But look at what is happening now to the price after that, Bitcoins price has once again broken above both the 50 SMA and the 100 EMA on a daily chart. so I believe the market might be in an uptrend again even though anything can happen in crypto land and we see another downtrend of price but, I hope not.  |
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is the really possible what looks like a dream - $ 1 million for bitcoin this cycle? We all know the factors and events around BTC lately. In addition Raoul Pal said in an intervew Bitcoin can hit that target price. only 15x and we are there.
Yes really possible, you must know that the price bottom of Bitcoin always increases, and today the current price is $55K but someday $55K will be the bottom price of Bitcoin. Bitcoin is a real investment that will keep increasing If you in 2007 and already know about Bitcoin which worth nothing, maybe your question will Bitcoin at $55K this cycle really possible? So Hold it and you will meet it I am guessing that when OP said "In this circle" would mean that before we see the next Bear market or Bitcoin hitting a new ATH of $1m from where we are now  I don't think that is possible now and not that Bitcoin cannot do it but not in this circle. Think about it, from the last ATH of 2017 of about $19,655 per Bitcoin, how many X has Bitcoin done to this new ATH of $$64,804.72? So doing 15x is not, JUST. that's a whole lot of funds from investors to push Bitcoin to that amount and that is not going to be a quick thing but over a time period. |
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People have been asking this question back from earlier this year and during the last Bitcoin rally to $60K+, we also witness many Alts doing their new ATHs, so when exactly will the Alts have a separate season? Now the market is down because most people dump Bitcoin due to lots of negativity from people like Elon musk and country like China with what they said about Bitcoin and Alts followed. Forme, I would rather just have a good Bitcoin rally and I know Alts would follow suit.
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The ups and downs are just normal in the type of market we are all currently in. Actually many of us in here have suffered and endured more than the declination we have been experiencing right now if you will compare it from the past years wherein it is nearly to be stated the downfall of Bitcoin because it have taken years before its price have bounced back to the great heights. No matter how low it is, I will still not be selling my Bitcoin for I know
its capacity and capability to grow. Instead, I would rather acquire more while it is cheaper compared to its price that is incredibly expensive to afford.
If we compare the fall of Bitcoin in previous years, the current fall is still better. So it's best not to sell our Bitcoin right now, because there is a possibility that Bitcoin will recover in the next few months. Sometimes many people forget, it does require patience if we want to succeed in getting big profits from Bitcoin investments. We better collect Bitcoin for now, based on the history of Bitcoin movement, usually Bitcoin will go higher if the correction is deep enough. Hopefully by the end of this year Bitcoin can rise to the price of $100k, as predicted by many people. True, and people don't realise that. When you compare the Bitcoin price even if it had dropped to that $25k some people thought it was going to do, it still would have been better than the ATH of 2017/18 season which was about $19k+. Everything is patient when trading in cryptocurrencies. Again I will always say this, for me, investing in Bitcoin is usually for a long term plan but if so happens that there is a big change in the price in a shorter time, then that's good to take profits. This way you are more relaxed with where ever the market is. |
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What I can see is just about word vs word, there's no clear evidence about the proof chat which from Small Rabbit since it's already been deleted. And Small Rabbit is blaming the developer according his story, the developer tried to scam him. Of course it's will hard to prove which is wrong between them.
I can't say it's a scam, but it's more like not professionalism when handling the campaign since the reward pool is suddenly changed as he want. However the reward pool should be fixed first before starting the campaign, so it wouldn't hurt anyone.
Right, and what I don't get is why would some Project owners be asking you to send back some amount of funds that are already marked for Bounty payments? are they not suppose to have every other payment for their project sorted before engaging in any form of bounty campaign? I believe that this totally shows a lack of project planning and execution from both parties and the way Small Rabbit easily just returned the funds!!! |
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Bitcointalk Username: KaliLinux
Current post count: 747
Merit earned in last 120 days: 5
ETH wallet [Address Must be from MetaMask wallet]: 0x54eb06d990dd42acA18CfD05C2736adF2299a412
Discord username: @Nicecrypto#1467
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I had 3k on pancakeswap and did almost 4x now is return to break even.
I had Ethereum 4.7 now its 2k
I had ada $2 now is 1.5
Also I lost in ogn
I lost a lot of money on crypto more than 8000$
Is it recoverble this year?
I would say, As long as you haven't sold any of your coins even with the dips you are still good but all you have to do now is just to continue to HODl till the market come back to where you can take your profits from what you have invested. I believe that most of us want to make a high level of profit in all of our investments and don't know when to get out when the market is dropping. If your aim was not for the long term, then you should always monitor the market and take profits when necessary unless your aim was to HODl for a number of years. |
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This concept of giveaway is wrong since the beginning. You aren't supposed to send money from your pocket to receive some interest over it later if it was a real giveaway. Legit giveaways distribute money without asking for any amount in exchange. They may ask for a simple task from you, like a sign up, share, like or subscription, but not money.
It could be easily spotted as a ponzi scheme if people stopped paying attention to the label (giveaway) and started observing the content (easy and huge interest = scam).
Exactly, but what is even more annoying to me is that of the one when they also fall for even Names from big celebs and politicians. Imagine the president of the United States accounts asking for some amount of Bitcoin sent to him before he will send some X amount of Bitcoin back to you, it doesn't make any sense. I believe because we will always have greedy people, things like that will continue to happen. |
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I think crypto analysts have a huge responsibility in that matter because they just believe in charts and never considering some other critical aspects like market manipulation and fud...imagine that some analysts advised people to not sell after the huge dump from 64 to around 56 in just a few hours.
That is why you need some knowledge about different aspects of the market and TAs too and not just rely upon what some analysts are saying. Investors have been able to make their own decisions when it comes to the market, whether to sell or not even what you invest in, some people only invest in what they hear people say is good to invest in, too lazy to do some research on the projects. Listening to all those analysts is good at least you compare ideas to your findings and weigh options, but you must take your own decisions. |
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For almost a full day I pay attention to the price of bitcoin, and still survive around the price of $33000. I don't see that there will be a significant change to go up. Will you still survive the market conditions like this? Confusing.
I will like to believe you are not New to this cryptocurrency market and if the price of Bitcoin has been trading in a parallel channel for some time, there's nothing confusing about that. It is more of an accumulation phase and it could go either way afterwards, up or down. Sometimes investors take advantage of situations like this hoping that the price will go up from a long time of trading in between a range of prices but to me, if you have Bitcoin, this is not the time to sell if you have not sold before all this dip to buy back now, but HODL. |
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Up until now, I thought the only way to convert fiat to BTC is through KYC exchanges. It seems like there are alternatives such as Bysk. Did I shoot myself in the foot by purchasing through KYC exchanges?
My question is, why so much concern/fear about buying BTC from kyc exchange? You probably must have done that kyc before you were able to do that transactions I believe and you weren't concerned then? I have used kyc exchange since the beginning of my cryptocurrency dealings and don't have a problem with it until now the financial institutions are banned from doing any crypto transactions, so we result to P2P. If it 8s not a crime in your country to do cryptocurrency trade then I don't think there should be this much concern except otherwise. |
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The average bounty allocates the most tokens for Twitter, Facebook, Signature, Youtube and Article campaigns.
is there a bounty that allocates higher tokens to the Signature campaign?
Except you find a campaign that is strictly a signature campaign, I agree with you that most of the Bounty campaigns you will see now allocates more percentage to Tweeter, Youtube, and Article campaigns than the signature part and I believe this is due to possibly what they believe might bring the most attention to their project and we also know as some have already mentioned, signature participants are usually less than the others. |
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While Elon has a lot of influence on markets in general, banning him on Twitter is definitely not the way to go. Not to mention that it's a really really bad decision for Twitter if they'd do something like this. I mean, Elon has A LOT of followers. Twitter banning Elon just to prevent price manipulation is just like stabbing themselves in the back.
I agree with you on that. Even though I don't like Elon much, I however don't believe that whatever he has tweeted out in the past has enough reason for a ban on tweeter. I think a ban should stem from serious than what Elon tweeted and don't forget that the crypto market is of two directions, while some investors were screening of losing funds from Elon tweets, others were making profits from it at thesame time. |
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Anyone that still falls for things like this are actually greedy and stupid people even if the message was from famous personalities accounts that's the more reason it should be doubted If this has not happened many times before and people have also spoken against it much time also, then some might say they don't know but that is not the case. It is because people still believe that miracles can happen in crypto and this might be that chance I make quick bucks so they will continue to actually "GAMBLE" their money. |
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Cryptocurrency ATM company Bitcoin Depot has announced a long-term partnership with Circle K, a convenience store chain in the United States and Canada. Bitcoin Depot plans to install ATMs in "thousands" of Circle K convenience stores. Bitcoin Depot stated that its ATM machines enable users to exchange cash for cryptocurrency, allowing simple face-to-face transactions, giving users immediate access to Bitcoin and more than 30 other cryptocurrencies. Bitcoin Depot has installed more than 700 Bitcoin ATMs in 30 states in the United States and Canada. If it is more convenient for people to buy Bitcoin, will Bitcoin be more popular? If you don’t know Bitcoin, and you see this ATM when you go to buy bread, do you buy Bitcoin with change? If you didn't buy it this time, when you saw these ATMs elsewhere, would you be curious to buy some? sourceYeah, I believe that somehow it would. People would now naturally be seeing easy access to purchasing Bitcoin around them and the fact that they just have to be able to do this just by going for groceries at the store and having access is big in my opinion even though I don't suppose that big transaction will be going on through this ATMs. Even those that don't know what it is still would be curious to know, so again for me, it is also more of Bitcoin exposure to more people that's a plus with the ATMs. |
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I just want to see what the general consensus is about selling Bitcoin. The well-known Bitcoin advocate, Mr. Michael Saylor, has said that you should never sell your Bitcoin, you should hold it for a lifetime. He believes that when you sell bitcoin, you will be taxed, but if you hold it, you can borrow bitcoin at a good interest rate (tax-free). Platforms such as Block Fi provide such services.
What do you think of this problem? If I double my investment during the next bull market, then for liquidity purposes, I will most likely not sell a bit. I really like Bitcoin and its direction of development, so regardless of short-term price fluctuations, I plan to invest in the long-term.
if you have income from other places that can support your daily life then you should never sell your Bitcoin Bitcoin is more convenient as a long-term investment, not when the price rises or falls a little, you sell immediately Michael Saylor is a successful businessman so he doesn't need to sell his bitcoins to support his living expenses. but what about you, is your income like him? I'm not saying you have to sell your Bitcoin but also look at your condition if you don't need it then you should never sell your BitcoinI believe that, that is the whole basis for whether people sell or not. It depends on someone's condition at a particular moment and how pressed you are for funds and whether you have other means of getting these funds or not. As you mentioned, "Michael Saylor is a successful businessman so he doesn't need to sell his bitcoins to support his living expenses" what happens if you don't have other means for funds for your expenses? Investors wouldn't want to naturally sell their Bitcoin except for those that still believe that we can accumulate more by selling during an ATH and buy back when the market drops which I support too but other than this, if I have other means to fund my expenses, HODLing becomes neccessary. |
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It was only a matter of time for all those that initially thought they do not need Bitcoin to realise that, involving in Bitcoin in one way or another is inevitable. Bitcoin has grown to that stage where it will be useless for those that claim they are big financial institutions/individuals not to get involved. Many more billionaires are coming out this days to announce their holdings of Bitcoin and more wants to be involved hence this Banks will have to provide this means for their high networth customers. I believe we will continue to see other banks get into Bitcoin because they know it can no longer be ignored and because their customers wants to. |
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