this won't happen, do not put too much bullshit in here and do something called math. XRP reachs $10.000 in 2020,how much is our total Market Capitulation ? and what will happen with Bitcoin itself ? based on current supply which are around 39,244,312,603 XRP if XRP hits $10.000 in 2020 ; its total capitulation should be around $392.443.126.030.000 meanwhile our total Market Cap right now is only around $300 Billions.
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2 things that will happen whenever ICO hits exchange : -The price will be lower from ICOs price -The price will be higher from ICOs price
why it is lower from ICOs price ? it's because of bounty hunter and lacks of interest from investors,also the project itself can be considered as a fail project/scam. why it is higher from ICOs price ? demand is very high and project offers us an extremely advanced technology/system(successful project).
conclusion,nobody knows about it when. but as long as you are joining a 'right' project,the price will eventually reach its ICO price in the future even though its current price is 1/10 from its ICO.
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TL: DR Market manipulation of big sell-offs on Bitfinex and leveraged insider trading rumors on Bitmex.. long story short... any position right now is just gambling.. and definitely avoid leveraged positions.
The Bear Scenario: The bart candles (looks like Bart Simpson's head) are signs of extremely low volume and easy manipulation. On Bitfinex you can see that most volume is happening on 1 or 5 min candles and its just massive sell-offs and lack of enthusiasm with it being bought up. We need more liquidity from something like an ETF announcement so that whales cant so easily decide the price. I'm not convinced the capitulation is over yet either.. since sell-side volume wasn't met by buy-side volume, we could see another or round or two. Be careful of opening longs or shorts right now, especially on leverage.. bitmex is swirling with rumors of insider trading involving high-frequency trading bots on very low latency trading against the market with its client's stop limit information. Careful out there of falling daggers... its impossible to predict the bottom since it will likely continue until there equals more buy volume buying the dip... Below 6k although unlikely is technically possible.
The Bullish Scenario.. we create a triple bottom here and break out of this annoying never ending wedge pattern, we peak some more volume interest and we miraculously get some news like bitcoin ETF being approved. We break above 9000 USD and enter a new alt cycle.
I'm more bearish than bullish, but I'm definitely happy to break down out of this wedge pattern, trading has been predictable and boring (atleast on the trend) and looking to mix it up with some newer opportunities.
Stay safe, take calculated risks, and hopefully the bull market is right around the corner, good luck!
i am totally agree with your Bear scenario because it's what we are seeing right now and i do not agree with your bullish scenario. as we can see Bitcoin did this many times before and some people claimed it's a bullish sign, but do not forget about the fact that it does not have any volume at all,that means even though it formed a triple bottom it won't change the sentiment and demand. (for me this kind of view is not valid any longer). the only thing that we have currently is HOPE nothing more than that,Bitcoin is on SUPER BEAR and it won't change until a year time. at best we will see it move sideways
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0% chance it drops to $2k
i do not think so mate,because lately i heard an extremely bearish situation from my friends and they told me it's possible for Bitcoin to reach $1000. of course it will only happen if Bitcoin breachs another support in around $5000. right now we are seeing Bitcoin breachs $7000 and made a huge downward movement to around $6600,if everything is stay same. Bitcoin will try to hit $6000 in a couple days later,even though we are seeing a quick comeback lately.it won't change the fact that we have nothing except HOPE. VOL decreased even though the price increased.
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just remember when we were expecting the bulls when the consensus begins? nothing happened. that means the market were making a move based on the opposite side of people sentiment,so it's not surprising for us to see it moved downward from this point. we were making a prediction based on our history and based on our history,we were always making a nice movement in june. but the fact ? it does not. if you can not afford to hold it for a while,i suggest you to not doing any trade at this moment. but if you can,nothing will go wrong i believe.
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did you guys know it will be traded on etfinex.com at Mei 31 2018 ? also please update link to the website on the thread because i can not reach it and unreachable at this moment,i believe everybody have same problem like me. change into this ;
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ALL RAVEN MINING POOLS WERE HACKED LAST NIGHT QUote from ravenminer discord: There was a wide-scale hack on RVN pool wallets. This has affected many Ravencoin pools. Some of your pending balance on Ravenminer and other pools are now in the possession of the Hacker(s). It's best to assume they are irretreivable (gone for good). Any details beyond this are probably just guesswork
These are the current most repeated questions questions and answers. Who dunnit?- Yet to be determined Where's my RVN?- Stolen, things that are stolen are no longer yours. ravenminer.com should pay me back!- You have been earning more than you should because there is no pool fee here. If you picked another pool at random you would likely still be at a loss. Should I continue to mine with this pool?- That's your decision. Right now the pool is working. @birdman has quickly applied a temporary fix until the nature of the attack can be determined. It's advisable to set failover pool(s) so you can continue to mine in case this pool has to go down for a time. Russians! Yes, that's a term for people from a specific a country, good job. Yeah but when will i get my coins? I havent gotten a payout in x hours!- From this point your earnings are safe. Any balance before that was pending is likely gone for good
Look folks, as soon as concrete answers are available it will be blasted through all the channels you guys use. You won't have a choice but to hear about it. Go to the park or talk to a stranger. Learn how to knit, whatever. Asking the same questions over and over won't help anything, in fact it will only DELAY solutions
so this is why the price plummeted quite badly a day ago,it went down from 500 satoshi to 400 satoshi. why you said this ? Should I continue to mine with this pool?- That's your decision it is fixed or not(what i mean is totally safe) ? it might be working at this moment,but if we are mining it on it and the same thing happen again,does not that mean we are wasting our time ? damn this hackers,always ruined other people.
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so far it's my favorite project because it kept delivering its product and development from time to time(no wonder it survived this long). and the most important thing is it bottomed in around 20.000 satoshi,even though Bitcoin crashed a few hours ago the price kept tanking in this level(even made a breakout). which means the demand is insanely strong and many people believe it. what will happen when it hits those exchange(Asian market) ? i could not imagine it
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so this project so called as a 'the one and only Bitcoin on Ethereum' officially ended and become another worthless token ? just saw the price kept increasing without a news or something good from the team. if i were you i would have take my leave and forget about it,because it will only bring you a harm instead of profit. (well for me it's a good memory because i profited a lot from this project) stay safe dude
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nothing wrong with that because EOS claimed that they're ETH competitor and also at the same time they're backed by a bunch of whales. so if you are seeing them on top of Bitcoin,it's because those whales actively trading it. want to know about EOS ? go to their site here ; but lately i heard that they had a problem with their system and they called it as an 'Epic Vulnerabilities'.so i assume it's just matter of time until it's forgotten by people, stay safe from it at this moment or at least until it's fixed. source : https://cointelegraph.com/news/chinese-report-epic-vulnerabilities-discovered-in-eos-blockchain-patched-same-day
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Maybe it is better not to invest in any coin ? Market seems pretty unstable and can go even further down any moment. Wait some time and do not buy already hyped coins
it depends on the investor,if he is looking for a long term period project.i think it is not that bad,because the market can change at any time just like before. personally i do not think right now it is a good time to invest into ; 1.Litecoin (it is not really profitable compared to those newly project such as Wanchain,Trx and many more), 2.ETH (many problems happened lately,and we saw something spectacular happened with it a day before.a huge sell happened with it without a reason,so i assume it's not good atm).
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It has been proven many times that the technical analysis is pretty much pointless/useless with crypto. Mostly, bots are in charge of high trading amounts and they just trade against each other.
Also now, in the middle of the bear market, usually prices go up fast when the coin is having a pump'n dump.
Technical Analysis was not created solely to predict the price but instead it also has a function as an entry point for traders,let's say it's totally pointless if we are using it but with it we can find a better 'entry point' compared to other people who only set their 'entry point' based on their judgement. even if the bots are the only one who do the trade,it won't change the fact that it was created based on source and of course the source itself was created based on fundamental analysis.in other words,technical analysis has some use even though it can not be used as a tool for predicting the price.
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i kept following this project too from the time being but i started to hesitate.lately i heard a lot of bad news came from ETH itself,and IOST as a project based on ETH network will get affected.for example,gas kept increasing from time to time,Ethereum's blockchain exceeds 1TB and many more. until IOST creates its own blockchain,i will not touch it at this moment or at least until ETH itself fixes its problem. what i am looking for is not only profit but the tech,if ETH faces the problem does not that mean IOST will follow after it,right ? source ; https://hackernoon.com/the-ethereum-blockchain-size-has-exceeded-1tb-and-yes-its-an-issue-2b650b5f4f62
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if you are saying it is guaranteed to multiple our money into cryptoshpere,i think you made it wrong dude. there are many factors can determine the price,such as global adoption,crisis and many more.if goverment choose to ban the cryptos completely,does not that mean the price will be declined greatly ? or even it could die.because of that many people felt hesitated to join the crypto,on the other hand many people who know nothing about cryptocurrency got caught by those scammers,they're doing an ICO and after completed the sales they ran away with it.i heard a lot of people got burned because of that, and the victims will tell other people to not join the crypto because it's a scam or ponzi scheme. wait until it's adopted by people globally,until then people will realiaze it's their future and no longer hesitate.but for now,it's still far from it.
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if we are talking about its potential in term of tech,of course everbody will believe it because it's the most advanced technology second to ETH(in my opinion) but if we are talking about its potential in term of price for this year,i think it's quite impossible because we are moving downwarnd and it's very imposibble to reach its ATH again or even breaking its ATH. the reason why it's quite impossible because our total Market Cap is declining,we need it to reach at least $1 Trillion to reach that level, in other word Bitcoin need to reach at least $15.000. our current price is $2.5 and its ath is $13,so we need it to move at least 6 times from its average price. so i say it is quite impossible.
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it depends on market,if we are keep moving downward and breaking $7000 support i am afraid CMT won't hit $1 because whole market capitulation will decreased a lot. our total market capitulation right now is $319 Billion,so if we want to reach $1 this year we need at least $1 Trillion total market capitulation. it has a possibility but it is quite impossible if we are looking at it right now
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in my opinion Market capitalizations of cryptocurrencies iduring Q3 and Q4 in this year, will double from the past high wich mean about 1,6 - 1,7 trillion and when marketcap hit 1,7T i believe bitcoin price will hit $50,000 and ethereum at $,5000 also most of solid cryptocurrency will be green
do you agree with me guys ?
i think you need to cool your head off before predicting the market buddy,or are you drunk right now ? just look at Bitcoin's price right now,do you think we will see another upward movement after Bitcoin made this kind of movement ? if Bitcoin keeps doing this,in Q3 and Q4 we will see Bitcoin breaking another history by creating lowest volume ever. so i do not think it will happens,at least until we are breaking the bear and change the trend.
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I predict the BTC will touch the 7800 and price around here for some time, probably a few days, then will increase to 8300-8500 and can be 9000 in mid June
so sad right now we are breaking the pattern and turned it into another downward movement.we won't see it around that point if we do not break $7500 level and stabilize the price in around that level.seems like it's true we are moving toward $5000~$6000 before making another reversal trend.
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Yobit announced TKLN token listing on april 27 , here is tweet link https://twitter.com/YobitExchange/status/989881707452092416how it is possible to sell a token before ico and price is very low so why people will buy from ICO , before buying any coin of a running ICO project or any other project you must ask in their telegram group , bcoz sometime people list coin with same name to scam others . lol you must be new in cryptocurrency i believe.if you were here a few years ago when Lisk started their journey on cryptosphere,you should have know the fact that Yobit listed Lisk when they started their sales.but what happened after it got listed on any exchanges ? they asked you to sell your coin because it's not the real one and they wanted to replace it. nothing new came from the most scammy exchange i ever seen
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This coin is growing brother slow but steady. Overall it is a great cryptocurrency - if you're patient, you will see great growth, maybe even get a wraith yourself ))
yeah growing steadily and got hacked steadily too(indeed what a good project/coin).. truth to be told it was my first time seeing a well known project/coin got hacked many times just like what they did to XVG and literally the dev did nothing to improve their system. look at this for example ; https://bitcointalk.org/index.php?topic=3256693.msg38862113#msg38862113
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