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Author Topic: WTF is going on in crypto 💣  (Read 915 times)
Rafiqul
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June 19, 2020, 10:08:09 AM
 #41

These times we are living in is either going to show all cryptocurrencie's true resiliency in the face of such oppressive obstacles we have never seen on this planet before or it can just die and drop to zero after all is said and done.
We will need to have patience and just wait to see what transpires. Wink
Due to the changed situation, several countries, including the United States, are providing direct assistance to citizens in the form of cash. This can affect the movement of cryptocurrency prices, especially in Bitcoin. But we must be patient. After all, I believe Bitcoin will rise above 10k in the near future.

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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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June 19, 2020, 11:17:36 AM
 #42

The Crypto Market is far from being price in, as we know the US economy is barely holding on due to massive money printing and stimulus package to save their fiat currency from falling just like Oil.
I think if a financial crisis takes place, it would be worst and can kill the US Dollar.
That's Why the Chinese government now are trying to take the Number 1 rank country in the world because they
 know that the US economy is really in bad shape and in this situation
the chance of winning over is indeed.
Even as a lot will enter the crypto space some will leave. So don’t fall for the tricks. The downfall of the economy affects both crypto and fiat currencies. Except if cryptocurrency can be accepted during a pandemic else it’s the same
Nope at least those who are living the entering is much more now,we are increasing our users and investors
as the search Over google grows more than 100% and this is a best sign to trust how crypto is going the best on it.

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June 19, 2020, 05:33:46 PM
 #43

The Crypto Market is far from being price in, as we know the US economy is barely holding on due to massive money printing and stimulus package to save their fiat currency from falling just like Oil.
I think if a financial crisis takes place, it would be worst and can kill the US Dollar.
That's Why the Chinese government now are trying to take the Number 1 rank country in the world because they
 know that the US economy is really in bad shape and in this situation
the chance of winning over is indeed.
I don't think they're going to succeed, the US still has its people and tariffs, China just can't easily dominate the US economy.
China is throwing a lot of effort into this trade war, they have created a global pandemic just to destroy other countries' economies, which is a good step from them. (Just kidding, the 'cause is still not confirmed)

That's why our government sticks to China, they knew that after many years China will overcome more power and the exchange of that is our pride to be a country citizen.
Even as a lot will enter the crypto space some will leave. So don’t fall for the tricks. The downfall of the economy affects both crypto and fiat currencies. Except if cryptocurrency can be accepted during a pandemic else it’s the same
Nope at least those who are living the entering is much more now,we are increasing our users and investors
as the search Over google grows more than 100% and this is a best sign to trust how crypto is going the best on it.

Crypto users are growing day by day, people are becoming interested as there is massive advertising recently that is halving bitcoin so I doubt cryptocurrency will lose its users. If someone leaves the crypto market, definitely there are many will come.
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June 19, 2020, 11:32:01 PM
 #44

There are a lot of unexpected changes into the market price of the altcoins and the bitcoin after immediately make a huge transaction after that the market price of the coin falls down because some of the investors included with Satoshi Nakamoto pull-outs it's an investment because the market price of the coin reaches its already profitable earning. By the time goes by the market price of the bitcoin that is falling down into the market price of 8k dollars now having a come back into the price of over 9.7k --

Actually there are many fundamental factors that support the increase in the price of bitcoin and alt, but the world economy is in turmoil due to the corona pandemic so there are only ripples on the market. We must adapt to this situation, take the best strategic steps, not be greedy, take sufficient profit, which is important to be used to survive in the midst of this pandemic. Many have lost their jobs, businesses have stopped, etc., so make the most of this opportunity.

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June 20, 2020, 05:26:41 AM
 #45

TimtheYoutuber, there are no crazy stuff going out there. What we have now is less than even what is expected. This pandemic has retarded the bull run expected from Bitcoin this year after halving. We should know that If not for Coronavirus, Bitcoin would've eaten the $11,000 — $12,000 wall since. This is a bullish year for cryptocurrency if we go by history of all halving. I expect a lot of exciting times in months to come.

Everyone love to pinpoint factors to try and rationalize the price. So for you, it's the virus, and for people in stocks, it's "Robinhood" traders.



Bitcoin hasn't moved a whole lot from the halving, which is what I predicted.
In the upcoming months, I do see a lot of interesting things for crypto, like eth2.0 etc but this is a bitcoin topic.
A lot of people would've chickened out by selling in a loss this year if the Bitcoin halving hadn't happened already. No support would've held the type of crash Bitcoin would've experienced this pandemic year. But look at where Bitcoin price is despite the pandemic. So, what do you think is responsible for this if not that it's more difficult earning it right now because of the halved reward? People know that scarcity gives value to a thing and are therefore not ready to let go at a cheap price.

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June 23, 2020, 05:19:53 PM
 #46

I am bullish on bitcoin.I think in last few months there has been considerable amount of correction in market and now we can expect some consolidation in near future.Eth 2.0 will help in cause but to a certain extent.Eth 2.0 can improve the market of altcoin.Bitcoin for me will lone be out perfumer

Why would you be able to expect an increase?

Positivebetting
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June 23, 2020, 07:35:46 PM
 #47

The market is changing, crypto is changing. This is normal. Be prepared for changes, because something incredible is waiting for us soon.
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June 24, 2020, 02:52:26 AM
 #48

I am bullish on bitcoin.I think in last few months there has been considerable amount of correction in market and now we can expect some consolidation in near future.Eth 2.0 will help in cause but to a certain extent.Eth 2.0 can improve the market of altcoin.Bitcoin for me will lone be out perfumer

Why would you be able to expect an increase?

That's based on his personal opinion as he wanted altcoin to increase by just stating that there will be an ethereum 2.0 without really a mechanism to drive the price of altcoins high. Unlike in bitcoin, we have been passed on the halving now and soon, there's a chance of market price increase due to lower reward fees. I could say, it is a mechanism to drive the price way up high in a long term because miners will be forced to sell bitcoin since they need to pay for their electricity bill. Some people will also see this as an opportunity to sell higher since miners will do so, in addition, many will buy knowing of these possible scenarios to happen. Demands in bitcoin is what will really push the price to increase.
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June 28, 2020, 10:56:47 PM
 #49

There are a lot of unexpected changes into the market price of the altcoins and the bitcoin after immediately make a huge transaction after that the market price of the coin falls down because some of the investors included with Satoshi Nakamoto pull-outs it's an investment because the market price of the coin reaches its already profitable earning. By the time goes by the market price of the bitcoin that is falling down into the market price of 8k dollars now having a come back into the price of over 9.7k --

Actually there are many fundamental factors that support the increase in the price of bitcoin and alt, but the world economy is in turmoil due to the corona pandemic so there are only ripples on the market. We must adapt to this situation, take the best strategic steps, not be greedy, take sufficient profit, which is important to be used to survive in the midst of this pandemic. Many have lost their jobs, businesses have stopped, etc., so make the most of this opportunity.
Right as past years when the prices fell Down people did not lose hope but they kept on believing and waiting so now is also a time when a little patience is required we should keep patience. This year is also not in vain as if you are true investor you will buy this year at low price and hold in your wallet for long term so I hope next year it will improve as this year civid19 effected normal life so badly not only crypto but the whole economy.

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June 28, 2020, 11:36:01 PM
 #50

There are a lot of unexpected changes into the market price of the altcoins and the bitcoin after immediately make a huge transaction after that the market price of the coin falls down because some of the investors included with Satoshi Nakamoto pull-outs it's an investment because the market price of the coin reaches its already profitable earning. By the time goes by the market price of the bitcoin that is falling down into the market price of 8k dollars now having a come back into the price of over 9.7k --

Actually there are many fundamental factors that support the increase in the price of bitcoin and alt, but the world economy is in turmoil due to the corona pandemic so there are only ripples on the market. We must adapt to this situation, take the best strategic steps, not be greedy, take sufficient profit, which is important to be used to survive in the midst of this pandemic. Many have lost their jobs, businesses have stopped, etc., so make the most of this opportunity.
Right as past years when the prices fell Down people did not lose hope but they kept on believing and waiting so now is also a time when a little patience is required we should keep patience. This year is also not in vain as if you are true investor you will buy this year at low price and hold in your wallet for long term so I hope next year it will improve as this year civid19 effected normal life so badly not only crypto but the whole economy.

Many believe but you cannot erase the fact that many became hopeless due to the situation that they lose their money for the huge dump coming in the time of crisis, but everything about it has been proven and I think many got an idea on how to act correctly since years by years bitcoin proves that he can comeback after a huge dump coming on him and we just need to be smart on how to act the situation so that we will not be left trembling for our funds.

R


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