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Many people claim that they will buy massively and not look at the price if Bitcoin drops below $10k, $5k or $3k but I bet if Bitcoin drops to $3k, people will run away in panic. No one will believe in the bitcoin revolution or the financial freedom that bitcoin brings anymore.
Just in the past few days, the price of bitcoin suddenly dropped to $83k and the fear and greed index dropped to 10, which shows that the market is in extreme panic. So if bitcoin continues to fall and goes below $10k, I don't think many people will stay in the market, let alone buy as much as they can.
But that's just a hypothesis, I don't believe that will happen.
What happened to all those predictions of $350,000 in 2025?
If I remember correctly this prediction was made by Robert Kiyosaki and many people agree with him. But with the recent movements of bitcoin, perhaps many people have started to doubt it.
Just in the past few days, the price of bitcoin suddenly dropped to $83k and the fear and greed index dropped to 10, which shows that the market is in extreme panic. So if bitcoin continues to fall and goes below $10k, I don't think many people will stay in the market, let alone buy as much as they can.
But that's just a hypothesis, I don't believe that will happen.
What happened to all those predictions of $350,000 in 2025?
If I remember correctly this prediction was made by Robert Kiyosaki and many people agree with him. But with the recent movements of bitcoin, perhaps many people have started to doubt it.
Fear and Greed index <20 at a price of >80k. What more do you want? Look at the historical fear and greed index, we are bound to go up again.
Re: Starting investing on April 10, 2021: too late find a 10x in 2021?
Get BNB and join the launchpad and launchpools. Quick and easy money and BNB keeps rising because Binance burns BNB tokens as well besides the increased interest.
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
I'm impressed with the delgated harvesting yields of symbol compared to XEM.
The block bonus rewards really add up at this moment. Might be due to limited harvesting nodes/delegated stakers?
The block bonus rewards really add up at this moment. Might be due to limited harvesting nodes/delegated stakers?
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
History tells us the more people start spreading FUD, the more likely it is that the price will increase 
All in all I would say the dump of NEM isn't even that bad considering other coins which split 1:1. Current valuation means people consider XEM and XYM about equal if we compare current price vs peak price last week.
All in all I would say the dump of NEM isn't even that bad considering other coins which split 1:1. Current valuation means people consider XEM and XYM about equal if we compare current price vs peak price last week.
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
Big announcement tomorrow!
https://twitter.com/NEMofficial/status/1363943387641085953?s=20
Launch date confirmed tomorrow?
https://twitter.com/NEMofficial/status/1363943387641085953?s=20
Launch date confirmed tomorrow?
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
How is information that is accessible to the public insider information? You have to realize this ANN thread is not the main source of information anymore.
Personally, I couldn't care less about moving the snapshot date. I have been patient long enough. Sounds like you are just looking to dump your XEM ASAP after the snapshot and you can't wait to reallocate it into other coins.
Personally, I couldn't care less about moving the snapshot date. I have been patient long enough. Sounds like you are just looking to dump your XEM ASAP after the snapshot and you can't wait to reallocate it into other coins.
The more mature a market becomes the "safer" it is to enter. People that thought the market was not ready at 4k may think its good to go in now.
This is what you see with the big institutions as well. They need liquidity to put their massive funds into it. The higher the price, the more room there is to buy big.
This is what you see with the big institutions as well. They need liquidity to put their massive funds into it. The higher the price, the more room there is to buy big.
Re: Bitcoin whales selling to institutions as Grayscale adds 7,188 BTC in 24 hours
So we,as Bitcoin supporters have to rely on a few big companies and trust funds like Grayscale to pump the Bitcoin price by increasing the overall demand for BTC? 
Is this supposed to be a positive sign?What if funds like Grayscale start selling BTC?The price will probably go back to 6K USD in no time.I know that Grayscale is buying BTC mostly for long term HODLing,but we can't predict how this company will react to the BTC market and what will happen,if Garayscale has new shareholders,who aren't Bitcoin maximalists.
I'm still waiting for mass Bitcoin adoption and the creation of a BTC market,that would be almost free(100% freedom is impossible)of the influence that institutional investors and crypto whales have over the price.
Is this supposed to be a positive sign?What if funds like Grayscale start selling BTC?The price will probably go back to 6K USD in no time.I know that Grayscale is buying BTC mostly for long term HODLing,but we can't predict how this company will react to the BTC market and what will happen,if Garayscale has new shareholders,who aren't Bitcoin maximalists.
I'm still waiting for mass Bitcoin adoption and the creation of a BTC market,that would be almost free(100% freedom is impossible)of the influence that institutional investors and crypto whales have over the price.
Part of mass adoption is big companies and institutions jumping in. You can't expect them to all wait until you hit your price target and have them buy your coins from you at that price right? They will always have a big influence just because of their massive size.
These funds will not be selling and dumping the price back to 6k as bitcoin is basically their business model. If the shareholders want to get out, they will have to sell their shares to other interested people.
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
As per the announcement on the NEM forums:
"The team have approached all the major exchanges who list XEM currently and provided information and offered to answer any questions etc related to integration of XYM and supporting the Opt In for their customers."
NEM team has reached out. Reaching out the exchanges yourself can help in showing how much users want it.
"The team have approached all the major exchanges who list XEM currently and provided information and offered to answer any questions etc related to integration of XYM and supporting the Opt In for their customers."
NEM team has reached out. Reaching out the exchanges yourself can help in showing how much users want it.
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
I'm extremely excited about the symbol launch! We've all been waiting for a long time, but I still think it's better to release a great product later then a mediocre product earlier. Also, the timing will coincide perfectly with the next bull phase, which will massively help adoption and influx of new people.
Re: Nearly $ 100 million worth of Bitcoin stolen from the 2016 Bitfinex hack has jus
Well it is totally understandable that it is moving now.... back in 2017 when we had the previous all-time-high price, things was still a little "hot" for the hackers to move those coins... so they most probably thought they would wait until the dust settled and then they would start selling the coins when the spotlight are not on them.
The latest spike in the price must have been the trigger for their decision to move those coins... or they did a bit more research into what methods would be safe to move those coins. (Testing different Mixer services with criminal activities to see which of them are reporting to the law enforcement agencies)
I hope they make some mistakes and that they would get caught!
The latest spike in the price must have been the trigger for their decision to move those coins... or they did a bit more research into what methods would be safe to move those coins. (Testing different Mixer services with criminal activities to see which of them are reporting to the law enforcement agencies)
I hope they make some mistakes and that they would get caught!
I don't really think that these coins will ever stop being "hot". With all the automated tools to follow every large transaction and coins that are linked to hacks, it will trigger warnings instantly.
As this run is not driven by retail investors I think there won't be as brutal of a shakeout. As long as demand from big investors remain big, the small fish that get scared will hardly dent the buying pressure.
Some corrections will be inevitable, but currently the inflow of cash is just so big that it may not be as panicky as we have seen in the past.
Some corrections will be inevitable, but currently the inflow of cash is just so big that it may not be as panicky as we have seen in the past.
I moved 90% of my regular investment funds to crypto due to the pandemic. Hasn't made a big difference yet, but I'm expecting a huge crypto bull run soon and a massive stock market crash when the stimulus funds run out.
Re: Faucets - Do people still use it, and are they worthwhile?
Even at current prices the faucets that I tried in 2013 were not worth it.
Payout is just too low, even if you can automate hundreds of them. Remember, the website needs to earn more from ads than they give you.
Payout is just too low, even if you can automate hundreds of them. Remember, the website needs to earn more from ads than they give you.
⭐ Merited by vapourminer (1)
That would basically be throwing away 10.000 USD and asking for legal problems.
Running an exchange is not a one man operation. You need a cyber security team, automated deposit/withdrawel systems, you need marketing (how else will you get people on your exchange?), probably a lot of cash to fund promotions to even get people trading there to get enough volume.
Ask yourself: Why would anyone trade on your platform? It would have to be better then the large and established exchanges or offer more (e.g. lower fees).
Running an exchange is not a one man operation. You need a cyber security team, automated deposit/withdrawel systems, you need marketing (how else will you get people on your exchange?), probably a lot of cash to fund promotions to even get people trading there to get enough volume.
Ask yourself: Why would anyone trade on your platform? It would have to be better then the large and established exchanges or offer more (e.g. lower fees).
Re: Kraken CEO: Bitcoin Would Be Worth $1,000,000,000,000 If the Masses Knew the Pow
He also mentions it means that the USD will be basically worthless at that point. So yeah, in that case a price like that would be possible.