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Author Topic: Important conditions for the progress of bitcoin  (Read 1312 times)
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April 04, 2019, 05:01:00 PM
 #61

I think the mainstream media has more power than we guys realize. Last time we hit that 20 thousand dollars it wasn't because we found a way to increase the price, it was due to mainstream media sharing the increase of bitcoin every single day, when the media shares it with billions of people all over the world in each country than bitcoin becomes a topic of discussion between everyone and that helps you get much more money.

That is why I think this increase we had is important since it was on newspapers in many countries, if we can increase a bit more than I am sure it will be on TV as well (and I do not mean just economy channels, I mean main news time as well) than we can see it go even higher thanks to new money coming in hearing from the news and media.

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April 04, 2019, 05:28:05 PM
 #62

I think the mainstream media has more power than we guys realize. Last time we hit that 20 thousand dollars it wasn't because we found a way to increase the price, it was due to mainstream media sharing the increase of bitcoin every single day, when the media shares it with billions of people all over the world in each country than bitcoin becomes a topic of discussion between everyone and that helps you get much more money

It might have been a one-off thing

I mean there is hardly anyone who hasn't yet heard about cryptocurrencies by now, so it is like the law of diminishing returns, i.e. more exposure of general public to crypto via news and mainstream media doesn't necessarily translate into a proportionate increase in investment. Indeed, this is still better than nothing as any publicity is good publicity, but it is not news that make Bitcoin in particular and cryptocurrencies in general useful for a particular purpose

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April 04, 2019, 10:41:54 PM
 #63

If you care about the price you just need more new people to buy in.  The demand is dropping because people are losing interest in crypto.  The noobs always jump back in when the prices start to skyrocket, very few people want to buy after a massive correction.  I don't think financial institutions will make a big difference either, we already hit 20k without them.
many factors and many things that can influence the development of crypto currencies, one of which is the considerable interest of these investors and the development of crypto currencies depending on their own investors.
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April 04, 2019, 10:57:19 PM
 #64

An important condition that can affect the price of Bitcoin or other Crypto is about good news from around the world, for example is the mass adoption of Bitcoin carried out by large companies, resulting in price increases.
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April 04, 2019, 11:10:58 PM
 #65

An important condition that can affect the price of Bitcoin or other Crypto is about good news from around the world, for example is the mass adoption of Bitcoin carried out by large companies, resulting in price increases.
Exactly.This good news will bring bitcoin into its more expensive value which will be favorable by all investors.Hopefully,we will see bitcoin too supported by governments of different countries which will bring more adoption for bitcoin.This time,bitcoin will be more friendly as it is.

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April 05, 2019, 01:37:30 AM
 #66

2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months.

I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met.

First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts.

The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety.

There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements.

Let's support Bitcoin...


Hard for government to regulate bitcoin because its decentralized cryptocurrency. For exchanger, bitcoin is main and base currency in cryptomarket and most exchanger listed bitcoin in their trading platform.
If the meaning of bitcoin progress is the price, i dont think its a good idea because bitcoin price always determined by supply and demand and i am always believe bitcoin is long term investment
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April 05, 2019, 02:37:30 AM
 #67

An important condition that can affect the price of Bitcoin or other Crypto is about good news from around the world, for example is the mass adoption of Bitcoin carried out by large companies, resulting in price increases.
Exactly.This good news will bring bitcoin into its more expensive value which will be favorable by all investors.Hopefully,we will see bitcoin too supported by governments of different countries which will bring more adoption for bitcoin.This time,bitcoin will be more friendly as it is.
indeed with good news like that it can provide bitcoin price movements like that so I think you should be able to take advantage of such moments as well as possible to find a lot of profit.

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April 05, 2019, 04:13:06 AM
 #68

There's no need for bitcoin to have an 'official' exchanger. It's even tradable just look for someone who's willing to trade it for you which is the popular way of trading before and the history start through it as p2p. The government can just regulate the exchange itself as a business that operates depending on the ruling of law.

These entrepreneurs and institutions are said to come in to the market in an unknown time. Bitcoin's just getting stable and that's what they have been waiting for, they'll come in later.

Well, there can also be something good that could come when there is an official exchanger for bitcoins. I think, if that would happen, there would give the people a safer way to exchange their coins and to do transactions without the risk of being hacked or unknowingly giving away ones coins because of unsafe transactions. After all, there have been many news regarding some shady character preying on people who doesn't know much on safekeeping their wallets, with some even losing their coins in falsely made sites to register on them believing they are legit sites. With a common exchange platform, it can help develop protective means in order to make cryptocurrency transactions safer.
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April 05, 2019, 07:39:15 AM
 #69

Indeed positive news has an impact on the price of bitcoin and this also can influence other altcoin movements as well. We really need the news of adoption and the many people who adopt crypto, there will be a lot of competition so that it will be a valuable moment for the future of crypto.

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April 05, 2019, 10:29:43 AM
 #70

Yes certain things do not happen twice exactly to a person who have learned a lot. The year 2017 was quite remarkable as that is the time when the popularity of the coin was really high. When the FUD was eventually breaking his way towards destroying the popularity of bitcoin, people then realizes that few of the investors that have left  are slowly creating a downtrend. Now bitcoin settles itself to the most stable price it could be. This does not end it but shows how bitcoin can really survive the bearish market because it is a currency that have been supported by many. Though the hype was no longer that big but some data showed that more individuals are actually using it as of now though the volume could not be so comparable to that of the all time high days but it is continually surging. Consider looking at the reports below. The links showed it is actually going up.

https://www.newsbtc.com/2019/03/04/bitcoin-btc-transaction-volume-nears-all-time-highs-despite-gloomy-market-conditions/

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April 05, 2019, 12:25:55 PM
 #71

An important condition that can affect the price of Bitcoin or other Crypto is about good news from around the world, for example is the mass adoption of Bitcoin carried out by large companies, resulting in price increases.

crypto good news is what we need so far. because crypto's kindness has greatly changed crypto's condition so far. so the current crypto condition is very bad, and not good.
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April 05, 2019, 03:02:46 PM
 #72

An important condition that can affect the price of Bitcoin or other Crypto is about good news from around the world, for example is the mass adoption of Bitcoin carried out by large companies, resulting in price increases.
Exactly.This good news will bring bitcoin into its more expensive value which will be favorable by all investors.Hopefully,we will see bitcoin too supported by governments of different countries which will bring more adoption for bitcoin.This time,bitcoin will be more friendly as it is.
not only news that can make bitcoin prices rise again but with the help of many investors who want to adopt bitcoin in a large way it will be faster for bitcoin to be expensive and experience large price increases

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April 05, 2019, 03:20:24 PM
 #73

for important conditions so that bitcoin has increased again is with a lot of good news about bitcoin and many investors who adopt bitcoin also it will make bitcoin quickly experience a price increase if in my opinion

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April 05, 2019, 06:45:09 PM
 #74

2017 history cannot be repeated, green leaves will continue to turn yellow and fall out as long as 2019 branches will begin to break one by one and large trees will fall in winding storms, it is a picture of Bitcoin in recent months.

I see the balance of the price of bitcoin still far from expectations, because there are several important conditions to be met.

First, of course, the recognition of bitcoin through regulation, so clearly the digital currency can be used as a payment tool for certain posts.

The second is from the crypto market side, there must be an official exchanger and be recognized by the government of each country. If the exchanger is still not regulated, the protocol is also vulnerable to cyber attacks. There is no standardization of fulfillment of feasibility, even though to guarantee consumer safety.

There needs to be cooperation from entrepreneurs to invest in buying Bitcoin with a large amount of scale to support rising price movements.

Let's support Bitcoin...

Bitcoin and cryptocurrencies market has grow all this while without the regulations and governments involvement in it.  I think it will be better for bitcoin and cryptocurrencies to develop on it own because regulations will definitely going to pull it down.  Governments and financial regulatory authority could have destroyed it since if not because it is decentralized and most of it transactions are anonymous!  I think bitcoin is going to grow once people and society began to understand how important it is to us and that cryptocurrencies is far better than the old financial system we have!
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April 06, 2019, 03:50:06 AM
 #75

for important conditions so that bitcoin has increased again is with a lot of good news about bitcoin and many investors who adopt bitcoin also it will make bitcoin quickly experience a price increase if in my opinion
right, good news will have an impact on investors' beliefs, so they start to enter the market and buy bitcoin. I think that with the increasing number of good and scattered news, it will increase the price of BTC, especially if the news comes from the government

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April 06, 2019, 07:26:19 PM
 #76

I think the most important condition is breaking the resistances and sell orders, there are just waaaay too many of them already established in some prices which really hurts bitcoin but at the same time it makes sure people who are helping us with bull run can profit later on when we break it.

So, between people who are trying to increase the prices and people who are just putting seller orders and leave there is just us that need to decide which one we want to help, now that price went up everyone is rushing to finally selling their coins and profit after a year of not making any money but you are actually hurting the market by not helping it go even higher, whereas the people who sell and not want bitcoin to go up will be happy about that decision.
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April 06, 2019, 07:49:37 PM
 #77

Having governments who recognize bitcoin and accept as a measure a payment can be good for bitcoin, but for the price to grow we need more people who invest on it and more people who not sell it as fast as they can. And, yes this year may not be like 2017, but is still a good sign and the price can go up.
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April 06, 2019, 09:35:18 PM
 #78

Indeed positive news has an impact on the price of bitcoin and this also can influence other altcoin movements as well. We really need the news of adoption and the many people who adopt crypto, there will be a lot of competition so that it will be a valuable moment for the future of crypto.
That’s true, it is very important to always spread positive news of Bitcoin, and definitely once the price of Bitcoin is up, it has a great impact on all other altcoin, at least for those of us who have more investments with altcoin. For adoption, it is not even just news, I think this is the reality, so many countries have and are now adopting cryptocurrency, and I think it’s actually important to create more awareness of adopting bitcoins for a secured future.

Mass adoptions and then being used as a main-stream payment processor are the things will ensure a continuous progress for bitcoins both in terms of price levels and omni-presenting a payment processor as well.

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April 06, 2019, 10:54:05 PM
 #79

If you care about the price you just need more new people to buy in.  The demand is dropping because people are losing interest in crypto.  The noobs always jump back in when the prices start to skyrocket, very few people want to buy after a massive correction.  I don't think financial institutions will make a big difference either, we already hit 20k without them.
I think the development of crypto currencies is from the investors themselves and more and more are interested, maybe the development of the crypto currency will be more rapid
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April 07, 2019, 08:39:29 AM
 #80

We don't need to repeat history but we can surpass the success of the history.

2017 was the greatest year so far but hasn't been bitcoin not able to break it's ATH? The answer is now, it is capable of, and has done it many times.

If bitcoin will be fully regulated then we can expect that only exchanges that are granted license to operate will operate, but this does not eliminate the risk of hacking as we know exchange are vulnerable to it, if they can pattern it to banking that has insurance on deposit, then it would be costly for the traders or investors to use the exchanges.
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