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Author Topic: Important conditions for the progress of bitcoin  (Read 1318 times)
GregH37
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April 07, 2019, 09:58:23 AM
 #81

In my own opinion, I would say that Bitcoin already has a good recognition even though not through regulation,so with or without regulation I believe Bitcoin can still stand its ground and it can still be a currency if the value is known by users, Secondly, regulating the exchanges does not stop it from been vulnerable to attacks, maybe an open source decentralized exchange would do, at least there would be a way  plenty independence developers can inspect the  code.

Lastly, I think Its important for everyone to  invest in Bitcoin in their little way, having entrepreneurs only to invest in large amount will make Bitcoin be under their control, its better we encourage everyone to bring in their contribution in form of investment
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April 07, 2019, 01:25:37 PM
 #82

The condition of bitcoin is indeed getting better, there have been many countries that have made it grow. We can see that this bitcoin is growing well and continues to increase. It is true that all hope that if bitcoin will be accepted by many countries and have many investors who adopt it.
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April 07, 2019, 06:48:06 PM
 #83

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
For sure it is only the investor who can make bitcoin rise higher and who can make it fall, but we will have to have patience and never sell when the price is low, it is good time to hold so that as market is on the way of bull so sudden panic can change the way from upward to downward, better keep holding it is the only condition to increase the value of the bitcoin and spread only good news in the market.
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April 07, 2019, 11:43:20 PM
 #84

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
yeah we know how big the news is affect the market. so if you want market conditions to continue to be positive. then you must expect good news to always come. but that is impossible right. no one can intervene in the world for only good news that appears on crypto. so the real progress will continue to progress. good news or bad news though
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April 08, 2019, 03:49:57 AM
 #85

Bitcoin is more important progress for all of altcoin price, how ever without higher price of bitcoin more impossible to get altcoin become on higher price, we need support for bitcoin could raising up to higher price again next time.
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April 08, 2019, 06:32:25 AM
 #86

Bitcoin is more important progress for all of altcoin price, how ever without higher price of bitcoin more impossible to get altcoin become on higher price, we need support for bitcoin could raising up to higher price again next time.
the development of other coins is based on the growth of bitcoin, we can see today, where btc rises, we can see altcoin green, and vice versa. so that the price growth is good against BTC, making the pump for altcoin a big opportunity

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Betwrong
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April 08, 2019, 10:00:34 AM
 #87

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.

I bet most traders have revised their selling orders by now and have modified them. For example, at this moment you will hardly find a selling order below $5,200, and this is so different from what we saw just a week ago, when all exchanges were littered with $4,200, and it looked like we were never going to go over that barrier. Yes, such low selling orders are hurting the market, but they are not killing it, thus making it only stronger.

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April 08, 2019, 01:21:57 PM
 #88

Bitcoin is more important progress for all of altcoin price, how ever without higher price of bitcoin more impossible to get altcoin become on higher price, we need support for bitcoin could raising up to higher price again next time.
the development of other coins is based on the growth of bitcoin, we can see today, where btc rises, we can see altcoin green, and vice versa. so that the price growth is good against BTC, making the pump for altcoin a big opportunity

  Bitcoin's condition has shown good aspect of processing the value even in a rapid way and the current situation is important for its development, because it enlightened us to speculate its growth will be persistent. As of now, we have to focus the value of bitcoin will continue to grow accumulately and for the fast progression.
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April 08, 2019, 01:48:13 PM
 #89

Bitcoin is more important progress for all of altcoin price, how ever without higher price of bitcoin more impossible to get altcoin become on higher price, we need support for bitcoin could raising up to higher price again next time.
the development of other coins is based on the growth of bitcoin, we can see today, where btc rises, we can see altcoin green, and vice versa. so that the price growth is good against BTC, making the pump for altcoin a big opportunity

  Bitcoin's condition has shown good aspect of processing the value even in a rapid way and the current situation is important for its development, because it enlightened us to speculate its growth will be persistent. As of now, we have to focus the value of bitcoin will continue to grow accumulately and for the fast progression.
It greatly to see that Bitcoin is in the right track, not only for this coin but of the entire crypto market. We've been waiting for this to come back and we even patiently waiting for this, and finally it arrives. We are not actually to expect huge pumps earlier but if it will continue to move higher, the more we confidently see another ATH again this year.
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April 08, 2019, 02:35:11 PM
 #90

Bitcoin is more important progress for all of altcoin price, how ever without higher price of bitcoin more impossible to get altcoin become on higher price, we need support for bitcoin could raising up to higher price again next time.
the development of other coins is based on the growth of bitcoin, we can see today, where btc rises, we can see altcoin green, and vice versa. so that the price growth is good against BTC, making the pump for altcoin a big opportunity
We understand how our market changes is course right now turning back into good. We speculate this to happen last year but it won't up, may this 2019 will be a big days for crypto again and people will be compensated for their patient and being in positive.
Bitcoin never have any instances of disappointing us today and I do believe that we will make some huge recoveries from our losses in previous days. 
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April 08, 2019, 07:56:52 PM
 #91

Bitcoin is more important progress for all of altcoin price, how ever without higher price of bitcoin more impossible to get altcoin become on higher price, we need support for bitcoin could raising up to higher price again next time.
the development of other coins is based on the growth of bitcoin, we can see today, where btc rises, we can see altcoin green, and vice versa. so that the price growth is good against BTC, making the pump for altcoin a big opportunity

  Bitcoin's condition has shown good aspect of processing the value even in a rapid way and the current situation is important for its development, because it enlightened us to speculate its growth will be persistent. As of now, we have to focus the value of bitcoin will continue to grow accumulately and for the fast progression.
For user we are in modern age where we will have to accept the value of bitcoin, it is now being progressed because more investors are taking part in market, people are investing happily for as long as it need because they are certain about the upcoming progressive time of bitcoin, I am also sure soon bitcoin will gain high value.
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April 09, 2019, 05:25:55 PM
 #92

The most important part of our progress if we are talking about the price is the sell pressure we have, if the sellers decide that this price is not proper to sell and just moved their sell orders to a higher price we could reach there much easier but unfortunately any time price goes up a bit the amount of bitcoin sold increases as well because people want to sell with profit right away, we just need to make sure to tell those sellers "you do not have to sell bitcoin at this price, you can wait it go higher" but they have seen bitcoin go down so much that they want to make sure they got out with a profit.

If we are talking about technologically than the dependence of miners is a big issue, we gave all of our rights to couple rich people with a lot of hash power and that will hurt us in the end.
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April 10, 2019, 10:53:40 AM
 #93

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.

I bet most traders have revised their selling orders by now and have modified them. For example, at this moment you will hardly find a selling order below $5,200, and this is so different from what we saw just a week ago, when all exchanges were littered with $4,200, and it looked like we were never going to go over that barrier. Yes, such low selling orders are hurting the market, but they are not killing it, thus making it only stronger.

Somehow many of them are going to have this bullish mind already which mean no one are going to sell low, unless they are an active traders. Most of them which is trade a lot sure see this as their opportunity to gain some profits. So it depends on themselves either want to hodl or daily trading. But in anyway bitcoin is having a really good progress now
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April 10, 2019, 06:59:45 PM
 #94

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.

I bet most traders have revised their selling orders by now and have modified them. For example, at this moment you will hardly find a selling order below $5,200, and this is so different from what we saw just a week ago, when all exchanges were littered with $4,200, and it looked like we were never going to go over that barrier. Yes, such low selling orders are hurting the market, but they are not killing it, thus making it only stronger.

Somehow many of them are going to have this bullish mind already which mean no one are going to sell low, unless they are an active traders. Most of them which is trade a lot sure see this as their opportunity to gain some profits. So it depends on themselves either want to hodl or daily trading. But in anyway bitcoin is having a really good progress now
It is sure to make profit in trading as there is high scope of investing in crypto, we are in modern age everything is now turning to the digital system, so we need crypto currency to gain progress as much as possible, it is good time to take part in market and let it grow as much as it can, our support and holding with patience is the most important condition for fast progress.
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April 11, 2019, 04:07:38 PM
 #95

-snip-

What you suggest to do is a pump, and even if it was possible to do the effect of it would not last long without an influx of new adopters. But first of, it's hard to imagine that this is possible for us to perform. How many Bitcoins do you think we can buy if we summon up all our strength? Looking at the current daily trading volume, 4,343,805 BTC, and at the volumes of major exchanges, we can see that something we can call a significant amount should be around 100,000 BTC, an amount that a whale can sell in a minute.

The good news is that Bitcoin is now traded at over $5,000, and this is happening not because someone or a group of people are pumping it, but rather because the amount new adopters can buy is greater than that what whales can sell.
I don't know why some people think that pumping the price of a cryptocurrency is the answer to what they seek. These are the same people that will talk about why the asset is not stable in price Sad. They talk about stability but they don't even know the meaning of it, they all just want the price to be going up forever without falling, lol. How is that even going to be possible?

Well, when a tree is being cut off, as long as it wasn't cut off from the root, it will still grow again. What I'm trying to say is that it is not over for Bitcoin yet, and it's still going to grow again. Let's just watch what it is going to happen before this year ends and what will also happen after the halving next year. I'm very sure that there's going to be another bull run that will be bigger than that of 2017, though I feel like this is going to be lasting for ever.
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April 13, 2019, 09:51:52 AM
 #96

~
Well, when a tree is being cut off, as long as it wasn't cut off from the root, it will still grow again. What I'm trying to say is that it is not over for Bitcoin yet, and it's still going to grow again. Let's just watch what it is going to happen before this year ends and what will also happen after the halving next year. I'm very sure that there's going to be another bull run that will be bigger than that of 2017, though I feel like this is going to be lasting for ever.

I think you meant to say " though I don't feel like this is going to be lasting for ever." Please re-read your posts after posting them and edit if necessary. From my experience, if this is done within 10 minutes after posting, your post will not even be marked as an edited one. But if you mistakenly omit such words as "don't" or "not", you can ruin an otherwise good post with that.

Yes, I agree with you that the next major bull run can be stronger than the previous one in 2017. I think so because such things happened to Bitcoin in the past, and not just once.

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April 13, 2019, 10:10:08 AM
 #97

Every day more than $ 15 million BTC is traded daily and we also see its important influence. When blockchain technology is used all over the world, you will find our crypto market more bustling and daily trading volumes can reach trillions of dollars.

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April 13, 2019, 01:14:12 PM
 #98

I think having bitcoin's own exchanger isn't the only way to support it. I believe that despite having the usual exchanges bitcoin would still strike the best value when the bull run comes. However, developing technology to make things better with bitcoin would be a great advantage.

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April 13, 2019, 05:28:21 PM
Last edit: April 15, 2019, 10:41:49 AM by deisik
 #99

Yes, I agree with you that the next major bull run can be stronger than the previous one in 2017. I think so because such things happened to Bitcoin in the past, and not just once

I'm more pessimistic on this one

Let me explain. As I wrote in my previous post, we have only so many people on this planet and only so many got interested in Bitcoin so far (read, there is not much left to gain in this department). So if we are ever going to see a bull run at least remotely comparable to the one we witnessed in 2017, it will be caused by the reasons not even remotely close to those which caused the monumental bull market that year. It might be a gradual adoption of Bitcoin for real use as a means of payment (even though altcoins fit this niche better), people moving from banks to Bitcoin as a store of value en masse, major fiat currencies biting the dust across the continents, etc, but we are unlikely to see again hype and frenzy of the kind we had seen in 2017

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April 13, 2019, 07:42:14 PM
 #100

The value from the Bitcoin is like making the profit will be the intention from everyone so if the cryptocurrency will not repeat like 2017 it will definitely achieve something better than that so we don't know about the future but I surely say this year will be the most important for everyone to get the profit with Bitcoin investment.
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