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Re: Bitcoin Price Nears $6,800 Resistance as Crypto Market Records Large Gains
There is nothing new to this update but its just good thing to see that Bitcoin is rising even do slow moving but this not what we are looking for so i hope that the others did not celebrate earlier because we don't know what will happen next that after this value the price of Bitcoin might fall again. Hope that it will not.
It is this slow movement I expect that bitcoin would do in the short term and we will get to see some of the alts because of that having some huge gains, but I am still of the mindset that the bitcoin market may consolidate for just a short term and then we might just see the bear market for bitcoin back in action. It is hard to tell now since the condition we are in, is more like an indecisive market condition, but however bitcoin breaks out will determine what would be of the market before the end of the year but like I said, I would not really be expecting so much, even though we can still hope for the best in the long run.
What are the differences between online and traditional gambling ? Which you like the most and why ? In my opinion both the types of gambling have got their own advantages and disadvantages. You can try both for some time and then choose one based on your convenience.
Online gambling is played using a computer and an internet connection while traditional gambling is played in casino or infront of your opponents and with real money. In my own opinion, i more likely want to play traditional gambling because i like to play infront of other players. The capitalization of bitcoin transactions reaches billions of dollars but governments of any country can not get revenues or income from these transactions and this makes governments in many countries complain of the existence of bitcoin because it is considered a threat to the economy of a country. Should tax apply to users who do bitcoin transactions? When are users comfortable with this situation? what is the right regulation to address these issues to help each country improve its economy?
It is true that governments are not getting any revenues from crypto currency, but should it be taxed? For me, I don't want my hard earned money to be taken away by the government, it is true that we use taxes to better our economy, but it is also true that most politicians are corrupt and we cannot control them, once they realize bitcoin's potential they might take it, it is a good thing that bitcoin still is anonymous. As of now, I am comfortable eith my investments in crypto currency, I think what thr government should just watch out for is for those hackers that would want to infilatrate a nation's security, rather than those who are trying to make a living, for the third question, I think it is much better if those who are in the community will make the regulation, rather than some outsider who thinks they know what they are doing.
I somehow agree with you. As of now, the only thing they can do is limit the usage of crypto or worst case scenario would be banning crypto. The regulation of crypto is what most of the people are also waiting, most specially those companies who are also interested about the blockchain technology.
Brothers, the correction is now finished at $7K.
The bear was trying to push bitcoin below $7.5K but they couldn't. Whole market is green today.
Institutions are pouring into the market with their money.
The bear was trying to push bitcoin below $7.5K but they couldn't. Whole market is green today.
Institutions are pouring into the market with their money.
Care to share the links? Or at least a good TA or your source about institutions pouring their money on the crypto market right now?
Next leg is $8K
it will only go up from here.
it will only go up from here.
Of course this is the logical price to hit before we can think of $50K in 2018 as you have pointed out.
FOMO when it hits the bottom --- which is NOW.
In two months' time, we will never see bitcoin trading below $10K again
Now is the chance to buy
So HODL and FOMO buy more now!!!
In two months' time, we will never see bitcoin trading below $10K again
Now is the chance to buy
So HODL and FOMO buy more now!!!
Well we have heard that bitcoin will not hit below 5 digit mark, that's what everyone is preaching about 6 months ago. But the inevitable happen, we are still struggling to even go to $10000 mark. So let's see if we can get to 5 digit again and see how it goes specially at the end of the year. But I love your bullish sentiments though.
my view of bitcoin with the opinions expressed strongly agree, because crypto for me is not just an investment and talking about the benefits either now or in the future, but crypto is so about bitcoin I think this new form of economy for the future combined and a combination of sophisticated technology once we are already saturated with the existing economic system, and right now we are headed for the future we are going to get to know crypto ahead of the people around us, hope our future wiser with technology as well as economy besides a investment, may be useful and successful for all of us
This is the best time for investment in bitcoin because the price is less than $8000 and soon it will cross $10000 and even more. Therefore I think to earn money in the coming future without doing any work bitcoin is the best choice. Just buy and hold bitcoin for some time and when the price increases, sell your holding for higher price.We pay taxes simply because it can help boost the economy, gather funds to build public office, buildings, establishments. It also serves as government funds that intended only for government used such as projects that helpful for the people. Paying taxes is required by the law and are abide to pay for it if not then you liable to be sanctioned by the government.
These are only taxes that run the economy of a country. Taxes are the only source of income for the government. They have no other high sources for making money. All the government employee salaries, big projects, health and education facilities provided by the government is due to our taxes. Without taxes government can do nothing for their people.In my own opinion ithink Investing in your education is always first.because education is giving a basic knowledge . especially for getting the basic things in life.and But investments in bitcoin is a good idea because you can earn here a good profit.
After education making money is totally depends upon luck. You cannot say that an educated person can earn more money than an illiterate, because money is all about destiny and we cannot make our destiny by ourselves. The most important thing is to educate the people first and then teach them how to make money especially from cryptocurrency.If we invest in bitcoin we are doing business that is very profitable for us financially, but if we invest in education then we have come to advance the living standard of many people and it is a very noble activity.
I think it becomes our habit to conceal ourselves from the reality and want to live in a dreamy life. Okay that is fine though to dream big but we must live in reality world as well. We have to make sure that what we are planning is able to happen according to facts and figures. So this is case too, education and finances are both integral part of a healthy and wealthy life for everyone.So lets say I put in $100 dollars. I buy while its at a low of $10,400. The price goes up to $10,400 and I sell. Whata my profit?
If you make the parable isn't like that thus there is no rise at all? If the price of the initial time you buy down then back up onto the price won't get profit at all from what you invest because its value is fixed.
I my opinion, the economy of our country is worse than the economics of other countries. My country economy is bad due of the government is corrupting the country also many politicians are corrupt and the poor gets poorer the rich gets richer the price of the goods is expensive i hope that someday the country's economy will grow and many people have a good job with a good salary.
I thought that corruption only existed in my country but after reading your comment, I think my opinion is wrong. Corruption is the biggest flaw of the whole world due to which whole world is suffering from financial crisis all the time. I think if the corruption will be removed from this world, every poor person would get his rights equally because he would not remain poor at all. Trading and holding, buying etc are the key word in marketscap.when altcoins price is slow step price then appropriate to buying and holding, when price is pumping then suitable to trading.
must be smart in seeing the situation to be able to get the price and also we do not need to keep it. now there are many ways to be able to trade including what you sayYou can buy now. For bitcoin it is not a big price right now. But it will recover it's price very soon. If you buy in this time, hopefully you will be profitable. So don't late buy as possible for you. In every day buy little amount and gather it for big hitting.
i agree with you, many people out there say that the current bitcoin price is a relatively low price. so do I, I believe that although nowadays we buy bitcoin will not lose because bitcoin prices will continue to increase especially if we plan to hold in the long term.Lmao😆😆
if we dont need Blockchain Technology then you wouldnt be here today. Its because you and I needs it thats why we are here today discussing about it. Blockchain is very important and it serves for several, and most especially as a payment method that you can use to send and receive money from peers and family. It can also serve as an investment, you invest your money as savings in it with hopes that price gets high so you can make profit. Good luck 👍.
This is a common thing happens in different countries where the government mandatory give assistance to there citizens with disability, and the sad truth is that the assistance from government is not enough.
This is the perfect time to introduce bitcoin to persons with disability by doing this they don't need to rely only on government assistance, because they are now started to earn there own money to support their needs.
The government in your country is even giving help to the disabled and youre complaining it is not enough lol. Come to my country (no need to mention) the disabled ones dont even get a single help from government, they have to be walking from place to place begging for money. If the government will assist them in any little way, it would be appreciated, but they never do that, rather they focus on there selfish plans.This is the perfect time to introduce bitcoin to persons with disability by doing this they don't need to rely only on government assistance, because they are now started to earn there own money to support their needs.
This is just my thought, cryptocurrency market cap already reach more than 300billions dolar and its involving big money and involving many people in various country, regulation on cryptomarket is a must because it will at less to protect peoples money from being fraud
The way the crypto market is behaving and is making name in the international market, there are likely chances that this market will go even better and that the number of investors will also increase at a significant rate which will then result in higher market cap. So far, things are going in the best possible way and that if things keep on happening in a similar manner, then we can expect that we will be able to have a better future.I just follow my own choice, honest learning from experience is the best, does not mean I do not listen to the advice of someone who is already an expert.
of course the advice of telegram or youtbe groups is helpful, but you have to make your own decisions.
All these forums are just there for you to help you in different scenarios. Definitely like this one, bitcoin forum, here are some traders and investors too who have been in field work since long time. They can give you best answers for your queries but that doesnt really means that you start losing your own strategy and equipping theirs. No, that would be of big loss to you.of course the advice of telegram or youtbe groups is helpful, but you have to make your own decisions.
I wouldn't think about it exiting trading is not a good idea. I always leave half of my profit or just my profit in my wallet but taked out my capital. If you exit and get in again that leaves you a problem the fees and such unnecessary pays for getting in so if i were you don't sell out all your funds or take it out into a full wipe withdrawal just leave some their to trade after.
Doing good trading is to trade by continuing to increase the capital owned, and at least the capital owned is not reduced. Benefits obtained can be used for daily living needs or can be used to increase capital in order to get a bigger chance bigger to get profit.
That is a trademark and when we continue to use the capital we have then we will slowly destroy our work as a trader.
Online casinos can cause some problems also. They may run away with you money. Or their systems might be fixed so that they keep all the profits. This is quite common with websites offering card related games online.
Business is business and no matter whether it is online or land based, the owner is always trying to get money out of customers pocket. If this was not the case then I am afraid people would not have any interest in establishing their own business or these people would have been poor. If a gambler is of the opinion that online gambling is done with honesty then he is fooling himself only. There is nothing like honesty in this world.Re: Why gambling is portrayed negatively almost everywhere?
Because it's not a healthy industry. It's a vice and not a hobby that could make you more productive or focused in things that you do. You could easily get sucked in type of situation that feels like hell where getting out is another miracle.
Why wont be anything that is harmful, as you have also mentioned, be portrayed negatively or prohibited? Gambling has the power to ruin anyones life. This world has only few gamblers that really became rich by this game. I have seen people committing suicide because of losing all capital. Anyway, a sensible person who loves his life wont go for such an option which can turn his life into a living hell.Re: Would you still use bitcoins if the price would be stable?
Many reason why a lots of people accessed and used bitcoin, actually it is a business that has proven and tasted of being an instruments of making money. However if price of bitcoin become stable, the answer is only a form of speculations, because no one can prove that bitcoin price in the future become stable. If we based for the past years of bitcoin operations, not even once that bitcoin price become stable.
Getting a stable market value is very much impossible for bitcoin to have as it is more or less having a volatile nature as the market price keeps on changing most of the time. However, in case this thing ever happens, then there will be likely chances that most of the investors will stop investing or buying more coins as it will exactly be the case which has happened with gold few years ago.