Not sure what others think but I am getting pretty sick of how the Bitcoin price just goes up and down 5 to 10 per cent with absolutely no external factors driving this. I know its been said before but this is just manipulation of the highest degree. So we all sit around and wait for few Whales to dump and all stupidly buy in so they get the money and lo and behold when it goes down 800 bucks they buy back in and we all follow like sheep to lose again. Seriously Bitcoin has to either start behaving like a store of value or have some practical application as a currency.
No one can really rule out the infect of the external factors on the current bitcoin pricing. I will ever be blaming the politicians and governments to be behind what is happening now. The way bitcoin is getting dump is too amazing and many things wrong and the governments all over the world are working hard to pant cryotocurrencies in bad light. |
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Hello community!
What do you think about popularity of the bounty campaigns? I see many new participants joining bounty campaigns, especially Twitter and Facebook. With more and more new participants, we will earn less and less rewards, also many of potential buyers would rather join bounty campaign than invest to ICO - again less rewards for bounty participants.
I hope that we will see some regulations here and bounty campaigns be more strict in rules and they will choose only the best participants.
So, what is your opinion, guys?
What you are saying is that more people are coming to knowllege that they can actually participate in the ico and make money and some prefer to do this instead of investing into the ico itself? I think the project manager prefer to get more people for their bounty program than just get few that cannot really take the projects to potential investors. |
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Ethereum is really too big to fail. We can see that no matter what happens ethereum and bitcoin still remain strong because of the way people believe in it. Many investors are holding they assets in ethereum tokens because of the way we believe in it and to me that is what really matters.
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Ethereum prefers falling In the previous review on Ethereum we wrote about the intrigue and uncertainty of direction of ETHUSD’s further movement. The choice is made: Ethereum has moved down and is already fixed at lower price levels. The only hope of bulls is MAcross on the weekly chart: it is still in the purchase. However, judging by many other cryptocurrencies, a coup to sale is only a matter of time. The remaining signs of a downward trend are evident: The slow and fast moving averages of the daily chart are reducing + the MAcross is on sale. The rate went from previous consolidation downwards and is fixed near the February minimums. The supportive long-term zone of dense shading, and hence long-term support for the exchange rate, on the chart is only about $ 300, that is more than -50% of the current price Thus, a further reduction in price of the Ethereum is more likely. The cancellation of the idea is if the price rises above $ 900. Profitable deals and follow our reviews! All Technical Analyses from the ICEX team are on our website - https://app.icex.ch/en/feed/technical-analysisyou have given to through pictures of the market conditions and the asset is really on sale and not only ethereum but every other coins are currently in bearish conditions. If weekly macross is our only hope then we are in a very serious downward trend and I only pity those that invest heavily at $1356. |
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Good Idea and this is going to work out perfectly and we should know that there most be a provisions to limit those that may want to dump and take advantage of other in other to limit greediness because that is what drive the market and we should not expect the changes of human mind about this.
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We are currently on a ranging market or trend and to me we may continues see price ranging between $8,000 and $11,000 through out this month and we may have issues of more panic selling than buying so we should expect market to be more of a falling side than rising.
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This is part of the risk that professionals and experts are talking about and you have to change your orientation that in trading you only make money without loses. Trading is a very risky games be it swing trade and buying and holding. The earlier you are used to loses the better for you and with more profit and loss the $10,000 you are talking about is going to turn to $100,000.
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Bitcoin has succeed without the help of bank and governments and I think it might not need to create problems for bank before bringing bitcoin to lim light and making it be acceptable all over the world. We know that banks need to be weaking before we can see less pressures on cryptocurrencies.
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I don't understand why people would buy at this price which is quite high for the last month or so. Would people not pile in and buy if the price went down to 6k. Then a huge amount of people would be buying. Who is buying at this price? Or could it be faked.
When price goes up there is this hope that price is going to continue going up and it a sign that the assets are in good condition. The big buyer will invest because of how healthy the assets are and not how weak it is. We are to follow what the market decide and not what we have in our mind. |
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We all wish this should happen but the probability of it come down the more should not be rule out. Bitcoin is get a lot of attack now and it will take so mush strong heart for one to remain in holding position especially the new investors. Should this negative news continue, we may not see Bitcoin at $13,000 before end of this month.
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Here is an easy way to make money if you don't know too much about coins. 1) Find a newer exchange that doesn't have a lot of people. 2) Go to coinmarketcap and open that exchange's page e.g. https://coinmarketcap.com/exchanges/cryptopia/3) Make sure you have BTC selected as the currency. 4) Go down the list from high volume to low volume and find a coin that trades at substantially different prices on two exchanges. For example buy/sell 0.0001/0/0002 on one exchange and 0003/0.0004 on another. 5) Look at the histories of that coin on both exchanges and decide if confirmation times allow you to be pretty sure of making money. 6) Look at depth on both exchanges and make sure it looks adequate in both directions. 7) Never risk more than you can afford or need to risk. On low volume coins traded on obscure exchanges you could walk into a trap so avoid exchanges known for setting people up, e.g. exchanges that list overtly bad coins. Arbitrage is still wide open in crypto and a good way to learn about coins, since you should research a coin before you arbitrage it. Anybody could have made some program to arbitrage all coins across exchanges, but I guess the experts are leaving low fruit for new people. Arbitrage provides a service, it lowers prices and keeps predatory trading in check, and can also be profitable. Nice idea and I have been trying to do this for long and this your example give me some view on how to arbtrage. I hope it will be as simple as you have saying. Because I decided to avoid it some weeks back when I stated to caculate the difference in exchange and there fees. |
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Yup there are several exchanges that provide this currently. You can trade on Binance (up to 2 BTC), Etherdelta (unlimited), and I believe Poloniex as well (2k limit).
I think that is why we should push and support those that has the desired to get us a decentralized exchange. Etherdelta is trying it best to provide us with opportunities to make large trading and many are even against it and called it a scam. The centralized exchange who make money through limiting the withdrawal limit has will ever be against the decentralized system. |
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Simply because the WHALES take the profits whenever there's a 5 to 10 percent growth. The bottom line is Swing trading and Day trading is real and the HODL method is just what it is...
I think op is saying the truth and I will really change my trading strategies because the whales are really determined to take as little profit as possible. I have to accept this reality and work base on the facts. However, as the whales are playing this game I think new investors are coming into the market and the more we have them the more we have new idea and intentions coming into the market. Therefore, the future is very bright and we are having another push in time to come were bitcoin is going to cross 20,000 dollars |
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I believe this dump has come to an end and the reality is that this has put big amount of bitcoin into the hands of some people. Bitcoin sale off has help new investors coming into the market and that will kick the greed investors out of the whole game. People like gox should have not been allow to hold any bitcoin from the beginning because this action has affected cryptocurrencies and the holder in the most gravious ways. |
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If this your predictions becomes reality then we should continues buying instead of selling as a micro holder. Bitcoin may have a very bad years in this 2018 and that is the reality we may stay with. But now that we have bearish market it is seeing God is helping us to get more up by buying now.
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Bitcoin and ethereum has been doing very well through out last week and I don't know why we are having this high turn of events and the ethereum price keep drop as if every one is selling. Bitcoin has been outperform every other coins through out last year and the way the event of things is going we may have a very bad year or a bearish year in 2018. |
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Coming across this news for the first time and hope people money and coins are save? I think the irregular transaction is what is making this high price dump. I will advice we should be able to get more security especially the big exchange platform. Bitcoin and other crypto currencies are here to stay and we should give the exchange support needed.
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When the crypto market collapses and loses most of it's value, then will you probably:
a) Blame bankers, the government, bears and idiots who can't understand bitcoin.
b) Blame yourself for investing blindly into something that was out of your competence.
c) Deny that anything has happened at all. Close yourself off in a small room and create your own reality with it's own set of rules.
d) Other:___________
I will not pray for the collapse of bitcoin but in the event of this happening I will blame governments and banks for the collapse of bitcoin because they have been the one behind it. The have been fighting bitcoin since the beginning and until now there are still fighting but I believe they can't collapse this system. |
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I don't believe this is possible and we should not see the current bearish moment as a complete dump of the market and we should just see this as another opportunity for us to believe in cryptocurrency technology and that is moving along the international market standard because we can see that forex and stock are completely down now improve and cryptocurrency will not different.
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In 2018 the downward trend is very really and we are to understand from the chart and the connections of has made for us to have a wider view of what is currently happening to the market. I believe that we are at the last leg of the downward trend and this is a sign that we ate at the bottom.
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