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Cryptoreflector_666
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August 21, 2020, 03:20:35 PM
 #61

If you are thinking of Investing in Bitcoins , now is the time , the hash rate hit an all time high of 130 Eh/s yesterday and we did break through 12k!!

Now in simple words hash rate determines how secure the network is , now resistance of 12k has been already broken and people who brought Bitcoins yesterday are already in profit.

We might start a rally towards 15k

Why is hash rate **all time high** so important ?
                _*_
Well due to halving the small miners had to shut down their business and therefore the hash rate dropped , as predicted since they won't be able to pay for the electricity bills with the halved reward , but major companies involved in Mining did overcome this problem and here we are .
             _*_

It might be the cause of wrapped BTC tokens being popular or even due to the increasing prices of gold which is causing Investors to shy away from investing in the market.

There are a lot of reasons why we are going forward , but at the end of the day I do believe 2020 is going to be a good year for Bitcoins , hash rate has been compensated for and the resistance has been broken.

Invest !! HOLD!!!

What do you think ??

______
https://news.bitcoin.com/bitcoins-hashrate-hits-record-high-130-eh-s-as-btc-price-faces-resistance-at-12000/

*_*

Bitcoin is a big swing and if today the price has increased even by 30% it does not mean that tomorrow it can not fall by 50%. You need to monitor the market situation and make decisions about buying or selling at the moment. Long-term currency retention is possible, but even for such long periods (a year or more), volatility is still very high.

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August 21, 2020, 04:08:33 PM
 #62

If you are thinking of Investing in Bitcoins , now is the time , the hash rate hit an all time high of 130 Eh/s yesterday and we did break through 12k!!

Now in simple words hash rate determines how secure the network is , now resistance of 12k has been already broken and people who brought Bitcoins yesterday are already in profit.

We might start a rally towards 15k

Why is hash rate **all time high** so important ?
                _*_
Well due to halving the small miners had to shut down their business and therefore the hash rate dropped , as predicted since they won't be able to pay for the electricity bills with the halved reward , but major companies involved in Mining did overcome this problem and here we are .
             _*_

It might be the cause of wrapped BTC tokens being popular or even due to the increasing prices of gold which is causing Investors to shy away from investing in the market.

There are a lot of reasons why we are going forward , but at the end of the day I do believe 2020 is going to be a good year for Bitcoins , hash rate has been compensated for and the resistance has been broken.

Invest !! HOLD!!!

What do you think ??

______
https://news.bitcoin.com/bitcoins-hashrate-hits-record-high-130-eh-s-as-btc-price-faces-resistance-at-12000/

*_*

Bitcoin is a big swing and if today the price has increased even by 30% it does not mean that tomorrow it can not fall by 50%. You need to monitor the market situation and make decisions about buying or selling at the moment. Long-term currency retention is possible, but even for such long periods (a year or more), volatility is still very high.

These days, guys should consider investing into bitcoin to be 4 years or longer.. of course longer than 4 years is even better.. and so I would question considering anything shorter than 4 years as seriously being long term.. while at the same time, guys who invest into BTC have complete discretion over his investment choices and timeline, so even if a guy might come into bitcoin with a 4-year minimum investment time horizon, such guys can choose to exit some or all of his investment before the 4 year time horizon has run.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
carter34
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August 21, 2020, 04:31:39 PM
 #63

Here is a question for you guys out there, if one did not buy at 4K, why on earth would someone buy at 12k, that would be plain idiocy.

I think it is simply readiness and conviction to buy based on the buyer's analysis. If your indicators to analyse market price tells you it is good to buy now that price is around $12,000, I think I will follow that if it is the right thing to di at this time.
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August 22, 2020, 09:00:48 AM
 #64

I don't think hashrate has a big impact on crypto investing, and it's a bit pushy if hashrate is one of the things for making investment decisions. Predictions are made based on several analyzes but from what I know hashrate is not a very important thing. I agree about the growth of cryptocurrency this year which unfortunately was followed by several economic problems in every country affected by the Covid-19 virus.

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August 22, 2020, 01:26:11 PM
 #65

Miners have to find a way for bitcoin to increase in value so that they can survive in the cryptocurrency mining industry. Now the number of people who own bitcoins is increasing and the amount of money in their wallets is huge. The number of bitcoins on exchanges is falling. I have confidence by the end of the year bitcoin will explode again and hit higher ATH levels in 2017.
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August 22, 2020, 03:38:12 PM
 #66

If you are thinking of Investing in Bitcoins , now is the time , the hash rate hit an all time high of 130 Eh/s yesterday and we did break through 12k!!

Now in simple words hash rate determines how secure the network is , now resistance of 12k has been already broken and people who brought Bitcoins yesterday are already in profit.

We might start a rally towards 15k

Why is hash rate **all time high** so important ?
                _*_
Well due to halving the small miners had to shut down their business and therefore the hash rate dropped , as predicted since they won't be able to pay for the electricity bills with the halved reward , but major companies involved in Mining did overcome this problem and here we are .
             _*_

It might be the cause of wrapped BTC tokens being popular or even due to the increasing prices of gold which is causing Investors to shy away from investing in the market.

There are a lot of reasons why we are going forward , but at the end of the day I do believe 2020 is going to be a good year for Bitcoins , hash rate has been compensated for and the resistance has been broken.

Invest !! HOLD!!!

What do you think ??

______
https://news.bitcoin.com/bitcoins-hashrate-hits-record-high-130-eh-s-as-btc-price-faces-resistance-at-12000/

*_*

Where it the logic in there? Because of the hashrate is high you can predict the price of bitcoin will jump skyrocket? Well it will be too easy to make a lot of money then. lol.. Bitcoin cannot being predict but im sure bitcoin will going up as we all hope like that. For newbies do not take the advice straight forward as cryptos market very volatile. Its hard to predict where it will goes. But anything still can be possible also. 
You can't predict the status of bitcoin if it's value will go up or down because of it's volatility. Anytime there will be a move on it's value that's why we shouldn't depend on that. We can't say whether it is the perfect time for us to hoard our coins or not. What happened this year is literally a lesson learned for me most especially when everybody had predicted that the halving season will more likely occur on the latter part of the year but it's not. When I sell all of my coins, that is the time before the halving season occurs because I'm too tired of waiting and I can't wait anymore I sell all of my coins without the halving season and I am so dissapointed coz my long time of waiting turns out useless.
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August 22, 2020, 09:43:28 PM
 #67

Anyone who uses bitcoin understand what the volatility of bitcoin means. Everybody know that the price of bitcoin can not be predicted because of it's volatility.
There are a lot of factors that affect the price of bitcoin and it's not right to want to predict the price of bitcoin from it's hashrate.
Several so called experts have done this - predicting the price of bitcoin- and it has always fail.
It is important to know that no one can accurately predict the price of bitcoin.

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August 22, 2020, 10:32:48 PM
 #68

Still holding until now, but I won't start accumulating yet since dip was not spotted yet.

I like the explanation, it's possible that bitcoin would continue to rise now but I have been in this game for many years and I've seen a lot of unexpected things happening. I guess if the market dump because of the pandemic, we would not talk much about bullish prediction as people would certainly panic, and regardless how good the analysis are, only few would know it, glad you shared though.

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August 23, 2020, 10:05:53 AM
 #69

I am sure that bitcoin will reach 20k by the end of this year. More and more large investors began to understand this.
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August 23, 2020, 01:09:58 PM
 #70

It might be the cause of wrapped BTC tokens being popular or even due to the increasing prices of gold which is causing Investors to shy away from investing in the market.

There are a lot of reasons why we are going forward , but at the end of the day I do believe 2020 is going to be a good year for Bitcoins , hash rate has been compensated for and the resistance has been broken.

Invest !! HOLD!!!

2020 is definitely going to be the best year for bitcoin. Lately, the price of bitcoin has started to improve compared to 2019 which experienced a gloomy period for bitcoin. on social media, many have said that the price of bitcoin will reach its highest peak this year, let's see in the next few months whether that really happens or not, investors have started to come to buy bitcoin and invest in altcoins, in my opinion the increase in bitcoin prices is very high must happen in this year.

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August 23, 2020, 01:21:12 PM
 #71

If you are thinking of Investing in Bitcoins , now is the time

I never liked this "now it's the time" quote. Rushing someone in a decision is something that raises many questions. The hash rate importance to me is not a bullish factor, it just signifies that the security of the network is more robust than ever.
Miners are companies and their life depends on profitability. Prices are not a result of the hashrate but it is actually the opposite.
Interest for Bitcoin is driving prices and the result is more miners and more hashrate.
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August 23, 2020, 04:16:14 PM
 #72

Everyone is guided by their own needs
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August 23, 2020, 04:21:54 PM
 #73

2020 is definitely going to be the best year for bitcoin. Lately, the price of bitcoin has started to improve compared to 2019 which experienced a gloomy period for bitcoin. on social media, many have said that the price of bitcoin will reach its highest peak this year

It's not good to rely on speculation of other self proclaim experts on social media. Why not rely on yourself by making yourself more familiar on how to read charts, bars, etc. that way, you'll be more confident on your investments because you knew what is happening and you can make much better predictions because you don't lack knowledge.
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August 23, 2020, 04:34:58 PM
 #74

I think everyone has the right time to invest in bitcoin, it all depends on the ability to invest and determine when the right time is. There are many aspects that must be reviewed, prices, world economy or technicalities in mining can be a reference for determining when you think the best time is.
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August 24, 2020, 12:45:45 AM
 #75

The halving effect has been felt by Bitcoin Miners for the past few months. The reward has been reduced to half from the previous one, making miners inevitably have to increase their Hashrate to compete with other miners. And now, maybe only miners with big capital survive. Miners with small capital will only lose time and electricity. It's time Bitcoin touched the new ATH. When is the time? I hope it happens soon.

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stompix
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August 24, 2020, 08:47:03 AM
Last edit: August 24, 2020, 09:39:23 AM by stompix
Merited by JayJuanGee (1)
 #76

If you are thinking of Investing in Bitcoins , now is the time , the hash rate hit an all time high of 130 Eh/s yesterday.

Daily hashrate fluctuations are irrelevant.
Besides, on the current pace we're experiencing, the predicted difficulty is somewhere around:
Quote
Next Difficulty:   between 17629247069481 and 17786089856163

Quoting myself on this for the update.
As I said before daily hash rate fluctuations are irrelevant as a simple change in luck and 3 fast blocks can make the hash rate look like it has jumped 2%.

The new epoch has barely begun (20 mins ago), and on the previous period, the difficulty has risen by + 3.6, on an average rate of 125Eh/s.
And although it might still sound like a medium to serious jump, it stops looking like that if we look at the previous numbers, the previous peak difficulty in July was 17,345,948,872,516, now we're at 17,557,993,035,167, with an increase of only 1.22%, while the price went up 28% from the last adjustment. Not even mentioning the fact that when this topic about "good news" started we were at 12.3k.

Bottom line, never use hashrate fluctuations as a price indicator.







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August 24, 2020, 09:01:46 AM
 #77

     It is easier to believe in this dream so fast rather than search thoroughly through everything and get a reasonable decision. Let us not get ahead of ourselves yet. Bitcoin's hash rate doesn't carry that much weight in terms of security of investment profits or price surges assurance. There can be many factors that can either minorly or drastically change the price of bitcoin. In fact, I even expect a refraction before investing time comes for me.

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onecall123
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August 25, 2020, 06:47:51 AM
 #78

I think everyone has the right time to invest in bitcoin, it all depends on the ability to invest and determine when the right time is. There are many aspects that must be reviewed, prices, world economy or technicalities in mining can be a reference for determining when you think the best time is.
Absolutely, the price of bitcoin much decent now on the crypto market, compared to the recent movement. Bitcoin leads most of the time, recent activity prove enough to come a conclusion. What i mean, Bitcoin will grow and we can expect more and more.


 

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Hemady17
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August 25, 2020, 07:00:05 AM
 #79

Hopefully, it is only a correction and we can a shining day in the next few months. Let us see if bitcoin as well as altcoin will explode by the end of 2020. Atleast, there is a positive news that we can receive before this year ends. We all know that everyone of us here is wanted to see the market in a greenish condition. I bought eth and btc for the past few months. I gained almost 50% of my capital. I hope it will continuously grow up.

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ttcsalam
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August 25, 2020, 10:48:28 AM
 #80

The world of Ciptro can never be said to be faithful to him.It is very difficult to predict the future here.Let the price increase. Let the  all market be in a good position.However, it can be said that prophecy does not always work.

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