I think after this crisis that we are facing now, some countries who have not considered creating digital currencies will try to experiment as online payment is more helpful in times like this, and the fact that we can't wash paper money, it's one of the major carrier of the virus so after this crisis there will be a lot of realization as this situation we are at now, teaches ours government a lot of lessons.
With how the crisis affecting the regular fiat it's really possible to see more countries to considered the use of digital money, though there are lots of existing digital form of currency and it's a tough competitions for cryptocurrency but knowing the possible potentials it will be consider and people who already here will push this forward to also be recognized from their respective places. |
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I don't see any chance for ETH to explode in the near future, ETH has stabilized in the last few days because Bitcoin is showing signs of going up. But I'm pretty sure bitcoin will continue to crash in the near future as the halving is approaching. And I am ready to buy ETH at $ 80 again
why do you think that, ETH is going up at the moment, it will not be constant up momentum for sure, but 80$ seems far away at the moment, it was below major decline when BTC and ETH dived almost 50%, and i do not see it again now, especially with halving that is now in 50 days It's not far to happen, if bitcoin crashed that much you'll be able to see ETH to follow, since there's a global crisis and investors are holding their fund and carefully assessing their positions. It's hard to assume that halving might bring good news if this pandemic virus will continue to spread and affects more and more people around the world. Best to hope that solutions will be there and the spread will be control to bring hope to global economy. |
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What a volatile moment it has been for BTC, for a while it was thought to be back to where it was a year ago
That is what happens with bitcoin, and now, the price is back to get the red candle, and we hope that it will not go down for more. If that happens again, I don't know what will happen with the traders, but I hope that they don't panic and they can stay calm for a while. It is important to remain calm so we can see if we can get the opportunity to buy bitcoin at a low price because usually when people know the price is down deeper, they will only panic. They want to save their assets by selling fast so that they can buy back again at a low price. If you are a holder and you are not really in the need of money for any emergency usage, best to keep your assets and yes staying calm is really the right attitude not to follow any dumped coming from those panic sellers who can't handle this particular situations. Stay positive and look for the brighter side, remember few days back the value rise up a little. |
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That's the problem once it's been exposed, just like virus it will spread right away and it will unhandleable to contain. Those who already got the copy will continuously posting that scandal and nothing can be done but just to let it go and let the situation passed. Look at how famous celebrities like Kim Kardashian and Paris Hilton they let go... |
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I won't support that project, and I don't want to use that coin to make money because that will hurt many people who got infected by the virus. That team don't know how the pain that people feel, and they think that it is a joke to create that project. I hope that many people out there do not support that project, and it is better to use the other project.
Stupidity really showed up when there's opportunities to scam up, whoever behind this projects is just riding with the popularity of the name of this pandemic virus, after this nothing will be left for the project. It shouldn't be supported by anyone, you are just risking your money if you ride with this project and cry after you lose your money due to greediness thinking that it will bring something to your investment. |
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Bountyhive and bountycloud is not dead, you people need to get things straight, not every time will these groups have a bounty to promote, when was the last time you promote bounties from Yahoo and wapinter? Back in the days they introduced many bounties but things have changed now
I stopped joining these bounty platforms, I joined a lot in their heyday but now I don't think they have a worth now I have a lot of coins sitting in Bountyhunters.io but it's been a long time they haven't distributed any of these coins, maybe next year there will be no more ICO to promote. With how the market showing and most of those bounties are no longer paying, for sure this bounty groups are already enough and don't want to proceed knowing that there's no future ahead with this kind of business. They needed to pay for the maintenance of their sites and the people who are participating, without any payments from the developing teams they are worthless. |
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I would say that Binance covered all. New service, promotion, big changes, all that is followed by a marketing. They thought about
everything, and that is the reason why they are number 1 crypto-exchange.
I agree with you that investing in Binance is a great idea, it was a great idea and it still is. I invested in Binance long time ago, and
from time to time I try to add more BNB to my portfolio whenever I can.
They got big money and they know what traders and people are. They know majority of crypto users love bonuses and love competition and free giveaways. They know how to manage reputation by apologizing when the community is angry (like with Steemit) and giving money when hacks happen. That is good marketing. They fully understand how to work with all kinds of traders, they practice good business and from how they've seen the potentials. Binance marketing teams practice well and communicate with good conscience to attract more people to follow them and support them from this quest that they are now working right now. |
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It broke the key hurdle of $130 level and gave a solid start and the bulls have gained some momentum in the market because ETH is closely tracking
Maybe it just correction or will become real movement, this moment many people already realize connected corona with crypto is necessary. Eth already have good foundation, they will keep going and maybe will become the first coin that release from bitcoin shadow. We only need next move and hope ethereum 2.0 will success, the problem is only halving and 2.0 is the real solution. There's a chance that this coin will be able to go out from the shadow of Bitcoin and will gain its own way to be known as another crypto not only limited to Bitcoin but have its own identity to fill this up same with how Bitcoin works. This current movements showed potentials that the market is now seeing good bounce and investors and traders are moving again and see the worth of this industry. |
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I am totally sure that the virus and the pandemic have had a great effect in the great fall of all the markets, including that of Bitcoin, it is fundamental of great influence in the markets, because it obeys to create panic, it is reflected in all the Bitcoin's sales and price drops, so if it affects, by the time the cure is ready, the market will rebound.
Hoping for the best after the cure was invented, but due to this situation better to have a good assessment before riding to any position that you think you'll be placing your investment. Corona needs to find a good cure and after that the entire market will be healthy once more. Even there's no direct relationship between this virus and Bitcoin financial institutions are being affected and more investors are pulling thier money from any market. |
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Bitcoin acting as a viable hedge in times of economic crisis is only an assumption so far. Sure, Bitcoin has a low correlation to classical markets and could behave like gold during a bear market.
But we don't know that yet because there hasn't been a recession since Bitcoin's inception. That is indeed a viable reason as we are yet to undergo a major recession after the inception of BTCitcoin but we have to accept the fact that there are many major financial institutions invested in BTCitcoin and if there is a correlation between the major economic markets and the BTCitcoin market when the major markets are falling it is because of the influence of these financial fund houses as they will cash out during crisis and may be so is the reason the BTCitcoin market fell during these times. It's a big possibilities why the market is falling as those big bag holders who are also monitoring the financial market are causing this fall. They're good in analyzing the situation and they are moving according to how they will benefit more. Whatever you think about this situation better to go deeper and observe your next movement, decide once you are convince with your position. |
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It's really important to verify first whoever you are interacting with before entrusting your money, that amount of Bitcoin is big enough and the two scammers live a luxurious life after getting it from other people's wallet. It's a high time for everyone to be more responsible and always be well aware of any situation. Instead of getting the help that they've need it's adding another problem as they've suffer from scammed.
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ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.
Perhaps you were right afterall because bears later took control of the price of all crypto currency tokens, and only few percentages of token has taken a massive improvements in price. The positives to take note from this bear run is the increase in volume of crypto currency, which shows that more funds got into crypto currency. Always dyor because the dip might be over or just beginning Don't forget to do your own research the market is moving unpredictably if you will be careless you'll be losing more than you think you can afford. Be mindful in all those market movements not just single coin but most of the projects are also experiencing downfalls the bear is all around and those who are not willing to take the risk are cashing out now making more pressure and for bear to take charge. |
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Pretty depressing hearing from Adam Silver today that he has no idea when they might start up again, if they do. Some "insiders are now predicting early to late June. A lot longer than I had certainly hoped for. Side not, Adam Silver is an awesome Commissioner. He makes others in his role look pretty awful ( MLB, NFL etc ).
He has no idea because there is no assurance coming from the government that covid-19 will be contained soon, or the pandemic might get worse. We have no idea, so all we have to do now is just to hope and pray that all these will be gone so our life will be back to normal. Hoping for the best as interest of many still positive that after this issue find the right solution everything will be back to normal. The entire world currently waiting for the news about preventing this Virus. There are information that China and Australia already find cure it's just need to finish their final test and hope that everything will be settled. |
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On the other hand, the fact remains that both fraud crypto analysts and legit ones are not really catching Bitcoin's next move. In the end, you may know how to read and analyze charts, closely follow the known personalities in the field, and effectively catches the misleading frauds but then you may still end up relying more on luck. Before the extreme fall took place, legit and popular Bitcoin personalities are hyping up on the upcoming halving and predicting high prices complete with detailed explanations. The following day, everybody woke up with Bitcoin losing all of its gains in 2020.
Indeed. There's no certain behavior that we can easily detect the next movements, even we are following personalities who are known from this field, they can't continuously predict the correct price from time to time. Do your research and always base your decisions with your own understanding. Experienced will guide you to learn to assess your judgement. |
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Andreas Antonopoulos warned us about an imminent bitcoin crash two months ago. BTC Twitter tries to keep their spirit up with humor and pain sharing:
Exactly what I kind of wonder sometimes. The prediction and the drop seem to have happened, then here is corona virus pulling down countries economy and making people sell off. I mean, how does that get to happen. There was no corona virus before then, now it is a factor pulling price down. How did it really happen ? The corona spread make that prediction to happened, the outbreak of this pandemic virus spread really quick and most of those weak holders who seen that the market is plunging down quickly liquidated their assets and what we are seeing right now is the after effects of this problem. We will see more if this virus spread more and affects more countries as investors and traders will back out and simply hold their money. |
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Imagine if ETH would at least rise to $5000 in the next 5 years, that would be awesome, we call that easy money for those who believe.
With that, we can retire anytime we want.
I just cant imagine why would ETH rise to $5000. It is has no max supply, so its amount infinitely. Something that is infinitely cant gain value by itself. Take for example gold or bitcoin. With each day it becomes more rare, hard to find or mine. That is why there is believe that its price will go up. Speaking about ETH - it has lots of competitors. Its technology is no longer unique and ETH is not a monopolist on the market. The only reason in can raise - correction in price because of Bitcoins price growth. One factor that pulling this coin since there's unlimited supplies most of those investors who take chances to this project are already looking for other resources or other projects that have potentials, there's no guarantee that it can go that far in terms of value not unless bitcoin will pumped hard and bring those alts to also tailed its fate. |
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Well, it is in the statistics that only those who are old and already have compromised health before COVID-19 dies. So, healthy players like Mitchell and Gobert will survive this. We do not have to worry about them. We should worry about the people they got in contact with. Most of them are not as healthy as these athletes. Sad to say but since they've got this virus the chance of spreading it up without any knowledge is high. Those people who interact with them for the last few days before they've been diagnosed are also prone to have the same issue. Senior citizens and those who have previous cases being hospitalized that's related to this symptoms are needed to look upon. Hopefully they'll got the chance to detect them before the spread out will be more wider. |
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The rumours about the death of bitcoin is really spread about by most crypto newbies who just joined this investment industry with the aim of making riches day night. They easily give up once the market dumps but for us who have been in this industry since its beginning we know when to take profits and when to hodl. cvbh
You also need to add those experts and whales who are good in analyzing and creating artificial movement. People who are good in playing with every emotions most traders have around this industry, There are people who are still scalping and still gaining in each market trends that showing around. Best to invest if you have good knowledge and you are willing to take the gamble of from your fate, whatever happens decide according to your own assessment and observations. |
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H O D L like everyone else. I dont think BTC will go down that far... Halving is almost near. BTC will make a comeback.
Hm I'm impressed that this is coming from a newbie, I'm sure you've done your homework right, many newbies can't take it to see Bitcoin bleeding simply because they don't understand the technology, this can take longer but things will change for sure It will take some time and it's really difficult to handle situations if you are not that much familiar with how the market runs. The volatility will beat you up as the more you see the market falls the more you desire to let go. There's a need of deeper long patience here knowing that there are influences that affecting the market especially this pandemic virus that's still spreading all over the world. |
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Applying..
Btctalk URL :https://bitcointalk.org/index.php?action=profile;u=711843
Merit in Last 120 days: 7
Current post count: 6681
BTC address: 1Lped5owBEYbCCAXf2wP7zC7vc9EwTJowT
Will change my signature and avatar once accepted. Thanks in advance..
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