If you compare the dow jones, or the S&P 500 to the bitcoin chart you can notice that the stock's have been in a rally since 2009 right when bitcoin was just created, this means that the crypto currency space has never experienced a stock bear market, because stocks have been bullish since 2009 and right now they are starting to fall and I believe there will be a bigger crash than the one that happened in 2008-2009, based on this we can say that all the thousand's of bitcoin "deaths" where just mere corrections, like when bitcoin went from 30$ to 2$ when it went from 1200$ to 200$ and now from 20k to 3k all of the previous corrections where with a bullish stock market, but now the stock market for the first time since 2009 is beginning to plunge and is taking cryptos down with it, something that hasn't happened in the previous btc "deaths"
This makes me believe that this time crypto may never come back at all, like when tulips crashed in the 1600's or when the thousand of .com stocks never recovered (like pets.com) etc this means that this time bitcoin and other crypto currencies may NEVER come back to a ATH like it has happened before, what we learnt from previous bubbles caused by a new emerging technology eg the .com bubble with the rise of the internet is that the majority of companies (this time coins) die off and I believe right now bitcoin is so old, rusty with high tx times and high fees that it is possible it may become the MySpace of crypto, having said this it is also really posible that cryptos stop existing at all, because there are coins that really don't need a blockchain and are just pump ICO'S that have no real purpose, the only thing that its left is the blockchain technology by itself that dosnt really need to have a token with value attached to work, the world could adopt the blockchain technology without the need to have a pump token attached to it.
this is my opinion right now, I think blockchain technology is here to stay but I put into a debate if crypto tokens will be here to stay.
Cryptocurrency is different from that, there is connection between Bitcoin and the real market or stock market, whatever it is being called. Crypto market is unreliable of anything, that’s why it can be manipulated and it is highly volatile. Cryptocurrency price is based on the rate of supply and demand for it. When people starts to invest their funds, the price will also start to go up. |
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Hi all,
My wife was broken by BCC, drop from 400 to 15 for more one year
Have anyone hear something about it?
Tks
I totally forget this after BitcoinCash was introduced and it was also denoted by BCC in few exchanges (I guess later it was named to BCH). I remember it was like a ponzi scheme like we need to invest with them and need to refer new people to them. I just heard these by mid of 2017 but never touched them as my basic principle is never considering any ponzi or similar to ponzi things. |
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I am able to protect myself by simply investing only into major coins and I am always targeting only in long-term. I guess anyone who are all following this principles will be able to escape from the market manipulators. Those crypto investors are suffering who are investing into random coins and looking for short-term benefits. But, we need to understand that crypto investments are highly profitable in long-term only.
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Right now there is no reason for Ethereum to rise when they publish Ethereum 2.0 and fix the stability problem then Ethereum rises. Right now it depends on Bitcoin.
Yes, it is already trading near its over bought zone hence it may fall down at any time soon and then it will recover after its planned hard fork will be done. I guess in recent days it showed some good rally to make traders to have decent profits but not sure that it will continue its rally beyond the resistance levels. |
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Hodling is safe if you have plans to buy when it is low and hold it for a long time.
Some people usually get disappointed when they don’t have plans to Hodl for a long term. Well🤔 both trading and hodling are risky, there are coins you Hodl and they end up being shit. Though trading seems to be a lot risky, but once you master it you won’t regret you did.
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I didn’t waste time in getting off the market after the last bull run, so there wasn’t any loss.
But, I did buy Ethereum recently, and that was before the price went down, but I’m not afraid. I might not have full confidence on Bitcoin, but I do believe we’ll in ETH that it will get better despite everything that happened. When eth prices will be touching again 0.1 BTC value I may go for converting it back to bitcoins. This way I will get more bitcoins for the same money I do have right now.
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Please advise me which coins best for day trading, currently, I use this coins XRP, Ravencoin (RVN) and (Cardano (ADA). I am using low price coins because I have only 2000 USD
One thing I’m yet to understand is if old community members creates new accounts just to ask questions in the community, cause your account was created recently. Anyway, you can trade BTC and ethereum, I believe those two are the best for anyone that wants to trade. But you can still trade other coins if you wish to. |
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I’m really surprised to see that some exchanges are showing up more than twice on the list 😣🤥. So they get hacked and they never bother to check on how it all happened and also fixing their website and increasing their security. This is why anyone shouldn’t store their coins on exchanges,, they are a big risk. Really bad.
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Day trading is good and you’re being your own boss by doing that. But just don’t forget that day trading is not meant for everyone. I do know some people claim they rely on trading alone. Don’t do such because you see others doing it,, be truthful to yourself and do it the way you can. You can still have a job doing and still have trading as a side job,, that will work perfectly fine.
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Everyone likes to talk about the coins that they are most interested in. But what kinds of coins are you LEAST interested in?
For me, I usually ignore altcoins that fit the following descriptions:
- No technical innovation (e.g. simple Bitcoin clones, scrypt clones, etc.)
- Most animal coins (except Dogecoin of course)
- Nearly all country coins (because there are/were so many of them and they almost always ended up failing)
- High-PoS reward coins (because they ultimately tend to go down in value)
EDIT: Forgot to add:
- Ponzi schemes that advertise "guaranteed profits" (or lending platforms/trading bots that are really just obvious ponzi schemes in disguise)
I’m a type of person that mostly plays it safe. I do take risk, but I think very much about it before investing. If I want to buy any cryptocurrency it has to be a very good coin that has a large market cap, and of course being one of the top coins. I don’t invest in coins that haven’t reached any position at all, they are probably a waste of my time. |
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I once read for security wallet, this is just for discussion how to secure the wallet. I do not think there is a security system and there will be no theft in the wallet. If you choose your wallet or phone software, you need to be extra careful! Remember that bitcoins are stored inside your device. If your computer or phone breaks down, your bitcoin is gone too! Thieves can also take your bitcoin if it gets access. Consider the following tips to avoid losses: Perform regular backups regularly Save the backup on another device like in flash or another computer. Use the encryption feature With encryption, each transaction requires a login with a password. This prevents thieves who manage to gain access to your computer. Do not forget the password Losing a password equals losing your money! Wallet does not provide a password forgot feature. Learn more please learn how to secure your wallet here: http://bitcoin.org/en/secure-your-walletDo you guys have a better idea to avoid theft in the wallet? Your Knowledge and Ideas will be more helpful if shared. Not all wallets stores you Bitcoin on your Device, some of them are being stored online. If youee going to be using a wallet that is like that, you should make sure they have two factor authentication, cause that is very important in securing your wallet and you should also have it activated. That’s one thing I like about some wallets like Blockchain and others like it. And you should also do backup regularly, cause you never what may happen. |
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everything may happen whether good or bad will certainly be obtained in investing with crypto currencies, the bad results of investments with crypto currencies depend on the intention and purpose of the investor itself
Yes it doesn’t favor everyone, some people will invest their money and lose while others will invest and win. Luckily for me I can say I only lost money once in cryptocurrency, after that I have never lost again, only making profits all the times. Took my time out to study everything that has to do with cryptocurrencies and how to trade it. But when it comes to Hodl, loss do occur, that’s normal, but you have to hold for a long term to make profit. |
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IMO it is possible to "predict" an incoming bear or bull run with very high accuracy, in that when a whale/bull/bear is entering into play at a given moment, he does it on just one or two exchanges, not many of them, right?
Suppose he is playing on Bitstamp one day.
Then big price changes happen on Bitstamp, and in very short time those changes propagate to other exchanges, right?
But i am sure they propagate with some delay, maybe 30 seconds, so that if you trade on a minor exchange, you have all the time to take measures before the big change propagates to the exchange you are using.
I still haven't looked into it making precise graph comparisons, as it takes time to do this research.
Have you already investigated about this?
Have you found any kind of "patterns" that support what i'm saying?
For example, have you observed whether or not the big whales always operate on those few major exchanges (say Coinbase, Bitfinex, Binance and Bitstamp), and then the price variation propagates to minor exchanges ( say Yobit, Cryptopia etc. ) with an useful delay ? (at least 10 seconds)
I do think that is possible. You can predict a Bull or bear market with high accuracy, but what I think is not possible is people trying to predict what would be the accurate price of any cryptocurrency in a given time. Just like those that predicted that the price of Bitcoin will be $25,000 before the end of this year. We have few days before this year ends but the price is still very far from that. |
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Last year we had a great run. Despite the downs in the beginning of this year, I still believed that by the starting of October, the will be a good run, but I don't see anything of significant improvement. What do you guys think?
There is nothing bull run this December. I never expected any bull run this year cause it had never been that way, bull run doesn’t come twice. If it happens this year, the next one will take a long time before it happens. It might take like a year or two before you see another bull run. Oh, and I forgot to add that the year is already is already over, just less than a week and we are out of 2018, so no bull run. |
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I’m sorry, those people deceived you. I can’t tell anybody about Cryptocurrency without letting them know that price will still drop some day and might even drop at the moment they buy it. Last year when there was bull run, my friend discovered I was making profit from cryptocurrency and he wanted to buy, but I warned him that if he’s going to buy, he should also be aware that price might drop at anytime.
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Hi guys , can you tell me which is better option for trading Bitcoin or stocks and how
Everyone has what’ works for them. If I like trading cryptocurrency, there are people who prefers to trade stocks. Maybe you should find what works for you and trade for that. I have tried both stocks and cryptocurrency and cryptocurrency works better for me, especially when invest in it for a long term there is huge profit at last. Others still claim to make good profit from stocks too. |
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Lol, that’s funny. I don’t even know why anyone would decide to be buying a yahoo account when they can easily create one for themselves, unless they have evil motives. So I don’t think you’re doing the right by selling this here. But what do I know? It’s not even my job to know if you’re doing the right thing or not. So I’m. Out. |
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Hi guys,
I happen to be in possession of a btctalk account of a user being in the
- The 100 Most Influential Blockchain People
- Top 10 richest bitcoin people
- registered 2011
- that the account initially belonged to the guy mentioned can be proved
I wonder if there is a market for such an account and what would be the value.
Let me add that I don't necessarily want to sell the acc. If there was a great
offer I might consider selling, but for the time being I'm mainly interested if
such an account is worth something at all..
Uuhm, I do see a lot of people engage in the activities of selling their accounts to other community users, but I have never been involved in such, so I don’t know how much the account will be worth and I’m not going to be advise you to sell it. Though it’s a matter of choice, maybe if you think it’s right for you to do so then you can go ahead and good luck. |
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What are your opinions?
For a long time I thought BTC stabilized at $6400, then boom!
I would like to get some views to help me decide what to do.
It has been a wild ride (to put it mildly!) It can be scary.
You already gave yourself the answer, you thought it was stabilizing when it was around $6400 but it didn’t, rather it continued to fall, so that means it is not stable. The market is still volatile and after falling to $3000 it has start to go back up again and yesterday it reached 4k plus, today it is down to 3k again. It is not stable and won’t be stable cause it was meant to be volatile. |
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This video doesn’t make any sense. How exactly is cash becoming a thing of the past? But everyday you still goi to the ATM to withdraw cash right? Cash is still important more than you think. Digital payments are just there to make things easier for us. It’s just like having your credit card and using it in purchasing stuff you need from any store instead making use of cash. |
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