Bitcoin and leading cryptocurrency prices have taken a major hit over the last couple of days. As you might expect, there are no shortage of volunteers to deliver its last rites given the recent volatility.

Over the last 24 hours, Bitcoin has shed around $14 billion from its total market capitalization. This has brought the price down to around $7,180 at the time of writing.

Source link here

For the 378th time, Bitcoin is dying.

I’ve seen a lot of news over and over that “Bitcoin is dying for the XXX time”. I wish somebody from the press would actually have a different kind of headline such as “Bitcoin was resurrected for the 378th time”.

At the end of the day, you can’t kill Bitcoin. It may have died 378 times, but was resurrected 378 times as well.

It’s like we’re playing a Playstation “Bitcoin” game with Gameshark cheat codes enabling “Unlimited lives for Bitcoin”.

I can’t wait for Bitcoin to die (and resurrected) for the 379th time.

Ever since cryptocurrency has existed people have started to mine it using their PCs or Miners’ GPUs. Considering that cryptocurrency mining consumes a lot of electricity because of it using a lot of processing power, does it really cause a large ecological impact on the world?

Every time I see mining operations around the world, there are multiple miners in one place ranging from dozens to even hundreds in for those who can afford a lot of miners. That got me thinking that since there are a lot of GPUs running at once then it must use a lot of electricity which means that power plants, as a result, will need to generate more electricity which will lead to more pollution.

Is the carbon footprint of these mining operations large enough to make a large impact on the world or it doesn’t really cause a lot of pollution in the long run.
What do you guys think and are there any greener solutions for mining cryptocurrencies?

This is just if, new projects are finding it hard to list on top exchanges because of listing funds but since market is not in a good season why is top exchange listing fee still that high? Top exchanges are not making it easy for new projects to list on their exchanges or am i missing some good information?

And about binance IEO is there anyone on here who can tell me more about them? i mean if a project like eminer can conduct IEO on binance why can't others? is there some kind of agreement like taking IEO fundraising fee after IEO is successful?

Damn i wish new projects can just have their chances as well, now that bitcoin is losing its value things are getting more harder for new projects

Large volumes of coin tokens can be manipulated easily. I once traded coins that were rarely in demand but the volume of coins was high. High volume was indeed manipulated using bots. I can't sell coins properly. A healthy coin volume is when many trade without using bots.

Even after the onset of the bear market in January 2018, ICOs were still happening at a rate
of well over a hundred each month, but by 2019 the flow of projects had dwindled to almost nothing.



ICO PROCEEDS DROP TO $338M..

According to figures from cryptocurrency analytics firm LongHash and published on October 1,
ICOs are no longer profitable. They may even disappear completely in 2020, said researchers.
https://bitcoinist.com/icos-will-disappear-in-2020-as-data-shows-95-funding-decline/

But here on BitcoinTalk we see new [ANN] threads and [BOUNTIES]
Is this just smoke and mirrors or does this forum know something researchers do not?

Imagine an electronic producer that pays $10,000 for 1 gram of gold, while in the same time a metal with better electrical properties costs less then a cent.

Imagine a trader who gives his 10,000 units of fiat currency X for the same amount of fiat currency Y, although the bank created X with his 5,000 square foot luxury mansion as a collateral, while the collateral for X was only Kia Pride vehicle.

Imagine an investor that pays $1,000 for a stock with a book value of $1 and earnings of $0.01, while in the same time he can buy a stock with a book value of $2,000 and earnings of $500 for the same amount of money.

Imagine a guy that pays $1,000 for the Cheeseburger while in the same time he can get the Big Mac for only $1.

The above scenarios would be crazy because no one would trade his thing for something that has thousands or millions time less utility. Nor would someone pay a thousand or a million times more money for the same or even worse thing. That is why the above scenarios are not possible in reality.

But... in the crypto world, they are possible. People are paying thousands or even million times more for bitcoin than for some altcoins, even though these coins have the same features as bitcoin. Functions and features of cryptos are pretty straightforward. Elimination of expensive brokers, lawyers, and other typical “middlemen”. Low transaction costs. Transactions are transparent, quick, permanent, and hard to fake. Cryptos that are priced below $0.001 have all these functions and features. But, people in the crypto world buy bitcoin that is priced above $7,000. They are paying pay millions time more for the same thing. Why they behave so irrationally?

That 49 % number will quickly go down as the price of Bitcoin continues to fall.  Looking back at a price graph and saying you should have bought starting in XXX date is very dishonest and unrealistic, most people will never get the timing that perfect... Saying you should have started to purchase in January 2019, after looking at the price chart history is easy 🤣🤣🤣   If you had purchased a bitcoin per month starting in January 2018 you would not have made as much money, or maybe even lost money.  

The only thing that matters is what to do NOW...   Looking at the price charts, it appears that Bitcoin will be going down significantly.  The risk of holding a large amount of bitcoin is HUGE being how fast the price can drop, and considering that Bitcoin has zero intrinsic value beyond what some greater fool will pay for it.  No one is buying bitcoin for " value ", people buy bitcoin hoping that the price will go to the moon, and hoping that they will get rich.  The day that Mania ends, the price of bitcoin will go lower than anyone ever thought possible.

Hard Facts

PayPal CEO Dan Schulman, in describing why the payment company decided to withdraw from Libra, also revealed that he is a hodlr of cryptocurrency, but only Bitcoin.

Interviewed by Fortune magazine, he answered the question if he personally owned any cryptocurrency:

“Yes. Bitcoin.”

Source link here

Okay now this seems to be pretty interesting to me. Since he's a Bitcoin HODLer, I don't know if this is a sign that he could add BTC as one of features for Paypal. If that happens, I don't know what would that be. Probably might integrate Bitcoin as one of the payment options aside from Visa, Mastercard and AMEX?

I have a Paypal account until now, but I only use it like few times a year since entering into the world of cryptocurrencies. Paypal was the payment processor I trusted during my early years as a virtual assistant. However, their fees are eating our funds apart. This is why Bitcoin is such a great alternative, and no doubt Dan Schulman's already convinced about owning some Bitcoin in the first place.

Well!! Crypto market is quite slow nowadays as a lot of crypto experts predicted their bitcoin predictions

Will Bitcoin Hit Again?

I am curious to know, how Exchanges treat the stolen money or hack money? Are they really aware of it? Just think, your fund has been hacked and transferred from your wallet to another wallet and then it's deposited to an exchange. If you claim to the exchange about the money, Are they not responsible for taking necessary action? What do you think?

I just find out that some coins might start with very low volume and marketcap and end up growing big? true or false? i tracked back some old coins that start with trading volume around 6k and end up in millions, is this still possible today?

With more than 3.5 billion month to month guests Yahoo Finance is probably the biggest stage for social event updates on the money related world and now it has given straightforwardness to its watchers by coordinating with CoinMarketcaps for giving news including market capitalization, exchange volume, flowing stockpile and numerous different things for just about 118 significant digital currencies.

This will incorporate cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Tether (USDT) and numerous others.

Instructive data

Both Yahoo and CoinMarketcaps have chosen that webpage won’t just give the data about exchanging these specific digital forms of money, it will likewise be giving data in regards to the improvement of crypto markets, and also online journals and bulletins will be accommodated the clients from the CoinMarketcaps site.

Source: TheCoinRepublic

I have little amount in bitcoin $279 and Ethereum $72, so where i can invest now? IEO/ICO or old coins in CMC?

If you want give me suggest for IEO then you can explain, which exchange best for a successful IEO.
Basically ICO no have good position now this time, so another chance making profitable for OLD coins?

thanks to all

I  just saw this transaction that I didn't make myself. Does my metamask is hacked? I have 8 address in that account. and nothing is touched after that txn https://etherscan.io/tx/0x359dd6b8154e7711d9e21ad5520ceba687f58619d87a7a77dd66c5b103124d3a

What do you think the crypto world needs at the moment? (I'm talking about projects)

In my opinion there is no real platform/website that offers everything you need. For example, news, some kind of trading tools or indicators, educational program maybe hot articles etc...

Despite Bitcoin plummeting in value, it seems that whales haven’t lost their appetite. One major BTC whale just withdrew 12,000 BTC ($89M) to an external wallet.

The market is in chaos today as Bitcoin experienced another double-digit drop. Just a week ago, Bitcoin was trading at $8,700 — it is now trading at around $7,100. For the first time since May 2019, the market capitalization of the entire cryptocurrency market is under $200B. According to the Crypto Greed & Fear Index, the current sentiment is one of ‘Extreme Fear.’

Source link here

Look guys, I know how it feels when we are in a bloody market. Correct me if I’m wrong, but there will be two scenarios about this Bitcoin whale:

Scenario 1: He bought it at a higher price and withdrew it while Bitcoin is on a bloodbath.

Scenario 2: He bought it at a lower price years ago, and withdrew it without even have to worry about the bloodbath.

If there would be another scenario, what would it be? Can you share it here guys? Thanks in advance!

I read this article online that the government could stop the Bitcoin? Easily using a simple trick.
Making the bitcoin market price staying in under a 1000$ for a long time and wait for the people to lose interest in it.

For me, this is easier said than done, making the bitcoin market price lower than 1000$ would encourage investors to invest in bitcoin that will inevitably affect the market price.

What is your opinion about this? Could the government do this?

https://bitcoinist.com/bitcoin-could-be-stopped-by-governments-pretty-simply/

There is big expectation among each and every cryptocurrency investor regarding the year 2020. We don't know what we gonna experience precisely, all that's been made is out of comparisons and price predictions with several references and related positive and negative news around.

By 2020 if the market doesn't move as most of the experts predicted and experience to move in the opposite direction. What is the alternate plan or the second option you've kept prepared to minimize the loss and keep up the value almost same on the portfolio.

By those instance what will be the choice of selection. Over which cryptocurrencies you'll plan to move your investments. I personally haven't got much of holding, if something happens against prediction only way is to move towards stablecoins.

Personally , I lost nearly 1500$  from day trading. I do buy back theory now to recover the loss and invest on potential ico's. now i am going on a slowly steady way ,  if we get greedy then  we end up with nothing.

whats your solutions do you do for cover the loss?