Until the coronavirus pandemic is officially defeated, until they say that the crisis is over, you should always be ready for Bitcoin to go to 6K.
6 thousand was an opportunity you've just missed this year. If you're bearish you will consider yourself lucky if you manage to buy for 8 ever again. If will back bitcoin price $5k then i will buy to happy but my opinion this opportunity never possible in this year.
Then it seems like you will never own any Bitcoins
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That is no dominance, the fact that ETH continued to go down has been bothering since the moment it hit a certain point it goes down as fast and goes lower than the recent ceiling, thus dominance is rather an absurd word to use I would call it redemption since it is going well at least like it used to, since the moment it hit $1,4k in 2017 it suddenly goes down then in 2019 the highest is $800 then it slowly went downwards and never really had a chance to go back from the same level as those years.
I wrote about dominance in reference to the market cap. It's still dominating the altcoin market despite the losses. XRP with the second market cap among altcoins barely has 30% of ETH in that matter it is dominance for sure. We can argue that market cap doesn't mean anything because it really doesn't, but it is an indicator many people watch and one that ranks coins.
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Ripple is a good cryptocurrency and they have made lots of achievement so far.
What did they achieve? All I can see is them going down from their ATH of 3 USD to 0.3 USD on this day. And believers were thinking it could trade for 1 USD and sustain it. Also they're changing CEOs and board members and promising big partnerships and that's it. They basically did nothing for the last 3 years and the price reflects that.
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You better avoid it, friends, because I just heard about pincoin myself, if you want to invest in cryptocurrency it's better to choose coins that have the potential for long-term investment like the top coins today.
Typical shitcoin with no volume and no rating. Coins that aren't even listed on coinmarketcap and coingecko should be avoided. If a project can't get itself listed on a decent exchange and is not on the listing sites you know it's a worthless scam. That's all I have to say about this pitiful project.
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It is good for the gamblers because they will not be allowed to spent over limit on gambling but casino will not be happy with this limiting feature. They want people to spent unlimited money on their casino's and they do not care if people lose all their money in gambling. If this rule is ever implemented, casino's will not agree to it.
It's not about agreeing or not but about common sense. If you set the limit it will always be too high for the averager player and too low for a high roller. You set the limit at 10 thousand USD most people will never reach it but a high roller can go over it with a single bet and be forced to leave without a second attempt.
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I barely got 2 points in the test. Not really an addicted gambler I guess Since we are talking about gambling addiction, I remember this one Canadian physician named Gabor Mate. He has dedicated his life with the study of addiction in general and how different factors, like childhood trauma, tends to make people addictive to something, whether it's drugs, alcohol, tobacco, shopping, and yes, gambling. I am not really that in depth with reading his study but it is quite fascinating to see that he has excluded social factors like interaction between people that help shape one's addiction, and thought of it solely in the mental health aspect.
I've read different studies based on people from poor African countries or Brasil and it looks like your surroundings can affect your addiction. People are social and act like a herd of animals in the way that they watch others and act alike. When you're a young guy growing up in a poor society and all your friends gamble you are going to gamble with them.
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Once the 5G technology become common, we will see a lot of VR casino and it will be fun for sure. But for now, the main issue is the bandwidth. You cannot experience a smooth VR experience online due to 4G/3G Speed internet connection in most places of the world.
Possibly but with so many people opposing 5g around the world it will take some time. It's not going to happen this year for sure. VR is a good idea but it's still too early. The gear is expensive and for now mostly gamers buy these things. Most users don't have access to VR and prefer gambling anywhere like in a hotel room. They're not going to take VR gear with them to work or school, but they can take a phone, a tablet or a laptop.
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Especially BTC? you should see some altcoins. In the last 24h Bitcoin lost only 0.28% but XRP 2.7% and EOS almost 4%. Bitcoin usually is the most stable cryptocurrency There are many reasons but I'd blame fake volume on exchanges, fake USDt buy orders, low liquidity and bot trading among many other.
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As I see, BTC is following the stockmarket trajectory this time. The markets are down too. Just brace yourself and HODL
Exactly. I must have repeated this at least 5 times in different threads where clueless people were writing stupid questions like "is bitcoin dying?" or "did the whale manupulate the market?". The stock market regained a lot after the corona crash and people are taking profits now especially since a second wave of corona is expected to appear. Bitcoin was rejected at 12k and is not strong enough to ignore stocks and go up. ETH might be high in dominance but it still falls when Bitcoin falls. It's too weak to ignore Bitcoin like all other major altcoins. ETH went down from $480 to $350 so it lost more than BTC. How is that a strong, dominant coin?
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It's not going to die because you say so. I'm yet to see at least one sign of it dying. A 10% drop in value on a tradable asset is not a sign of dying. I agree with you. He seemed frustrated regarding the Bitcoin price, so maybe he is losing profits right now? Nonetheless, Bitcoin has been presumed to be dead long before. But it hasn’t and it won’t, because many are still into it and believe on it. Bitcoin is not at fault for the existence of scammers here, scammers will always do their ventures whenever and wherever possible.
Just look how we've evolved in the last 5 years. Not long ago people were frustrated because Bitcoin was below 5000 USD and now they complain about going from 11 to 10 thousand. Hopw can anyone be frustrated about 10 thousand dollar Bitcoin is beyond my understanding.
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Is bounty hunting for Bitcoin even a thing?
Many people are involved in mining, but more in mining altcoins because it's cheaper. Bitcoin mining is viable only in a few locations around the world or with big money invested, like with those people who bought a power plant in the US for the purpose of mining.
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What I like to do is wait for big moves. I basically do nothing when there's a swing up or down below 10%. I wait for bigger swings of at least 12% or long bear markets where I wait for at least 60% loss. Then I patiently wait for a swing up.
In case of a bear market buy I wait for at least 50% bounce back before I sell anything and in case of a swing I wait for a profit of preferably 20%. If I don't get it I can wait for a year for it to finally happen. I've got time.
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Its a clear manipulation, however this happening on bitcoins price is an opportunity to buy bitcoin and some of the alts which was affected thier price on sudden bitcoin price drop.
You're joking, right? Stocks have dropped, we had a head and shoulders pattern on the charts that usually suggests a drop, we held a really good level of 11000 for 2 months and the price couldn't hold 12000 after many attempts. There's nothing wrong with a red candle especially in an asset that is being produced every day by miners. They were holding in August because there was a chance of a pump but can't hold. THey have bills to pay. It's not the end of Bitcoin.
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As,the question is very personal and none will say the exact amount.But the point you shared about the pandemic;surely,it is a thoughtful matter and also a learning point.So,it will be a very well lesson for them to do something the for the next.
Why not? It's not that personal. If you asked me how much all my coins are worth it could ba a bit personal. How much I've earned in a year is not. About 0.4 BTC from my signature campaign which is public knowledge if you check the statistics of each participant. I've also made close to 0.1 BTC from trading and some dust from other sources like airdrops, participating in surveys, referral bonuses and such - maybe 0.01 or less.
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Kind of looks like the beginning of something. As usuall crypto follows the stocks down with more volatility. I've read some predictions that stocks are currently overbought and many traders expect a correction. If we get another wave of corona in Autumn this really might happen.
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When will people start to learn that holding your coins on these black markets usually leads to police seizures or scams?
It's interesting how some people blame a raid on a Korean exchange, some others blame Bitcoin mining pools and in reality it was the stock market that took us with it once again just like it did in March.
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The mining pools sold but I think they saw what was going on on the stock market and thought it to be a good moment to dump before a panic starts on its own.
They prefered to incite the panic than add to it later on.
Personally I'm not afraid of seeing 9000 again. It's still a very strong level and I disagree with traders who think that losing 10 thousand would indicate a longer bearish trend. If stocks jump back up you can expect BTC to follow.
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I want to imagine the "earn" to be a kind of function that will teach people how to make money either via a skill set or via compensation for a particular service rendered. These days people to seek to earn crypto and coinmarketcap l has being two steps ahead by bringing innovative features mostly as islt has newly been considered a good investment by binance's CEO.
Why do you have to imagine? The earn feature is already on CoinMarketCap, not a feature for training on how to earn money in crypto but a feature for getting coins that are doing promotions on CoinMarketCap. Many exchanges do something similar where they award people for completing crypto courses. It's a great way to spread knmowledge and award people for taking time to learn. The more educated people are in this space the less FUD and volatility caused by FUD we'll experience.
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so, is this news the reason for the red market? Korean market is a big crypto investor pool. Bithumb also is one of the big and well-known crypto exchanges. With that amount of money, it can lead to a bad impression for mass adoption in Korea.
It's not. I don't get why so many people think that this was the reason. A Korean exchange with juat 1/4 of Binance's volume crashed the market because it was "seized" but it's still online and trading. If they are processing withdrawals and have not shut down the news is more of a FUD than a real story. Maybe they were charged with something but not shut down. Here are more legit reasons: https://cryptonews.net/en/374069/
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I'm not 100% sure who should be blamed here the scammers or the victims. Would you transfer your money to an account someone gave you on the phone? Hello, Sir we want you to send your money to this address. Yes we are from the bank! My name? Vladimir Vladimirovich the manager
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