Slow death
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August 10, 2018, 08:39:31 PM |
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I've noticed that the volumes of bitcoin trading, they are the same as in November 2017, when the price were in the range of 6-8.2k, and there were no "tothemoon". yes the volume was the same What could change the situation? It could be a radical change on the market, and here I see two scenarios:
1) the worldwide legalization of the cryptocurrency and the expansion of the possibilities for its use, like, everyone has in his pocket telegram with gram pays or LN and use them as simply as apple pay, pay pass etc. There are also normal exchanges in two clicks with a low commission.
2) some kind of cardinal global changes that will force people to immediately invest money into the crypto, massively, and a real example is the new sanctions against Iran as a result of which the Iranians will begin to buy up BTCBTCBTC , because there is simply no other option to keep money, sanctions may be implemented against the Russian Federation and China, will turn off the swift transfers and destabilize the banking system. With the passage of time the first option will become a reality, this is only a matter of time, just be patient. Your opinion, guys? We need more fresh money entering the world of crypto and for this we need the collaboration of governments and central banks, this may be possible in the future, For now we are struggling to change the minds of governments and central banks
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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mamarried
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August 10, 2018, 08:57:11 PM |
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Worldwide acceptance is good but all the Traders are earning their money from the volatility of Bitcoin and the differences between two prices, so they cannot survive in the case of Bitcoin would be stable and used as a currency.
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steve_rogers (OP)
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August 11, 2018, 06:50:27 AM Last edit: August 11, 2018, 07:15:04 AM by steve_rogers |
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Worldwide acceptance is good but all the Traders are earning their money from the volatility of Bitcoin and the differences between two prices, so they cannot survive in the case of Bitcoin would be stable and used as a currency.
Very wise statement, I think in it is almost the main reason of its volatility, big players just need to earn money, but it will not last for a long time, as far as bitcoin will be used as the currency and will be more stable then fiat currencies, the world will change.
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KocaEfe
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August 14, 2018, 09:31:30 PM |
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I've noticed that the volumes of bitcoin trading, they are the same as in November 2017, when the price were in the range of 6-8.2k, and there were no "tothemoon".
What could change the situation? It could be a radical change on the market, and here I see two scenarios:
1) the worldwide legalization of the cryptocurrency and the expansion of the possibilities for its use, like, everyone has in his pocket telegram with gram pays or LN and use them as simply as apple pay, pay pass etc. There are also normal exchanges in two clicks with a low commission.
2) some kind of cardinal global changes that will force people to immediately invest money into the crypto, massively, and a real example is the new sanctions against Iran as a result of which the Iranians will begin to buy up BTCBTCBTC , because there is simply no other option to keep money, sanctions may be implemented against the Russian Federation and China, will turn off the swift transfers and destabilize the banking system.
Considering how the world is not stable today, the second scenario seems more likely to be truth, the first one needs much more time and without pushing up it will not be realized. Your opinion, guys?
I think that now the big players in the cryptocurrency market specifically lower the price of bitcoin and alternative coins. someone specifically postpones a meeting of the sec by the ETF. so now the market will fall. It is possible that bitcoin will fall to the level of 4500
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steve_rogers (OP)
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Activity: 280
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August 14, 2018, 09:47:16 PM |
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I've noticed that the volumes of bitcoin trading, they are the same as in November 2017, when the price were in the range of 6-8.2k, and there were no "tothemoon".
What could change the situation? It could be a radical change on the market, and here I see two scenarios:
1) the worldwide legalization of the cryptocurrency and the expansion of the possibilities for its use, like, everyone has in his pocket telegram with gram pays or LN and use them as simply as apple pay, pay pass etc. There are also normal exchanges in two clicks with a low commission.
2) some kind of cardinal global changes that will force people to immediately invest money into the crypto, massively, and a real example is the new sanctions against Iran as a result of which the Iranians will begin to buy up BTCBTCBTC , because there is simply no other option to keep money, sanctions may be implemented against the Russian Federation and China, will turn off the swift transfers and destabilize the banking system.
Considering how the world is not stable today, the second scenario seems more likely to be truth, the first one needs much more time and without pushing up it will not be realized. Your opinion, guys?
I think that now the big players in the cryptocurrency market specifically lower the price of bitcoin and alternative coins. someone specifically postpones a meeting of the sec by the ETF. so now the market will fall. It is possible that bitcoin will fall to the level of 4500 Bitcoin cannot low its capitalization under 100$ billions, otherwise it will be considered as a small market and there will be no bitcoin futures. I see this situation like altcoins will lose its positions, and btc dominance will reach like 80-90%, only after that, probably in 2019 we will see the bull market. Also there are rumors that tendency on the market will change when Bitmain will start its IPO.
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El duderino_
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BTC + Crossfit, living life.
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August 14, 2018, 09:55:07 PM |
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For me,the best scenario in bitcoin is that when I buy bitcoin at low price then suddenly it increases its value.
LOL
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XhomerX10 designed my nice avatar HATs!!!!! Thanks Bro
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El duderino_
Legendary
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Activity: 2506
Merit: 12027
BTC + Crossfit, living life.
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August 14, 2018, 09:57:50 PM |
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For me,the best scenario in bitcoin is that when I buy bitcoin at low price then suddenly it increases its value.
Bitcoin wasn't invented to make you money. also not for losing money and also not to just keep it equal so what an idiot thing to say when you buy its cheap and its a store of value ..... and more getting in it what drives up the price ..... than ofcourse its a moneymaking thing
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XhomerX10 designed my nice avatar HATs!!!!! Thanks Bro
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Soots
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August 14, 2018, 10:35:18 PM |
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For me,the best scenario in bitcoin is that when I buy bitcoin at low price then suddenly it increases its value.
Bitcoin wasn't invented to make you money. also not for losing money and also not to just keep it equal so what an idiot thing to say when you buy its cheap and its a store of value ..... and more getting in it what drives up the price ..... than ofcourse its a moneymaking thing The pumping value really kepts the price into abundant progress, but the real thing on this was based on how people managed their funds over btc holdings. We all hope and pray that this time we'll be given great scenarios which bitcoin will always be the main proponent for our trading success. I know it's hard, but still the dedication and perseverance of everybody always counts every second.
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pitiflin
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August 14, 2018, 11:42:14 PM |
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I've noticed that the volumes of bitcoin trading, they are the same as in November 2017, when the price were in the range of 6-8.2k, and there were no "tothemoon".
What could change the situation? It could be a radical change on the market, and here I see two scenarios:
1) the worldwide legalization of the cryptocurrency and the expansion of the possibilities for its use, like, everyone has in his pocket telegram with gram pays or LN and use them as simply as apple pay, pay pass etc. There are also normal exchanges in two clicks with a low commission.
2) some kind of cardinal global changes that will force people to immediately invest money into the crypto, massively, and a real example is the new sanctions against Iran as a result of which the Iranians will begin to buy up BTCBTCBTC , because there is simply no other option to keep money, sanctions may be implemented against the Russian Federation and China, will turn off the swift transfers and destabilize the banking system.
Considering how the world is not stable today, the second scenario seems more likely to be truth, the first one needs much more time and without pushing up it will not be realized. Your opinion, guys?
Last year and this year's price scenario were entirely different. Last year during November-December, the price was sky-rocketing. This year, its sky-fallin' 1) We don't need legalization of bitcoin, as good as it sounds, its not, the entire decentralization would become into Governments indirectly saying "I control you motherfucker!". 2) Iranians won't buy Bitcoin, they are on the verge of self destruction, their economy has been so bad for years, they won't affect bitcoin's price by any measure. If you want bitcoin to go up, just get some rich as fuck person who is also a stock market player(like Warren Buffet, but he hates it, so find another one), to admit bitcoin has a good future, and look how things will change.
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