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There will definitely be a bull run again, but not untill we hit the lowest point of the bear market yet...
Only now we came to realize that there is no direct link between December and the rise in the market values of the Bitcoin or any other coin. In addition, due to advancement in the technology in future, there might be great rise again.It take a risk taker to achieve extraordinary. We are blaming people that use their entire life saving or borrow to invest in cryptocurrency because the market is not promising now. I know if it happens that those people that take this risk were making gain, we would have said they were doing the right thing. There are some people that can comfortably bear the lost.
I will say that if a person have decided to invest in anything then they have to decide for long term investment and in that there is no lose to them if they invested in cryptocurrencies as in the near future they will recover their money and sooner they will also get a profit for which they invested. I will only believe in the ICO that has been collected up to SoftCap and has a very useful project and can even be one solution to many people's problems.
I also go to these ICOs as I know that if the project has collected the softcap then it will complete their project but along with that we have to look at the developers that how much they are working for the success of their project and that how much there is potential of success in the project.These are two different strategies and each one might have its adopters. On the market situation like we have these days, long trading looks dangerous. Cryptocurrency day trading can allow you to earn even on the falling market. Everyone would love to trade long and save nerves, but today you need to follow the situation.
Pros and cons are always associated with these sorts of types. Which one suit you are the best and winner between these two competitors. Well I like long term trading because it is kind a fun.Trading plan is basically your strategy. In every plan, back plans for unexpected incidents should also be considered such as contingency plan. Taking note of the market distinct characteristics such as unpredictability and volatility. No fixed strategy for daily trading, it is always "it depends on the situation".
This is attribute of a good planner that you must adjust ins and outs as well. He doesnt only consider happy scenarios, rather the donts is optimized and well planned beforehand.Ofcourse some altcoins will still to invest in 2019 and more valuable in 2019 but now we can't stop the bullrun of the market but we have to wait what will gonna happen till next year.
In my opinion, every good coin is worth investing in if you are expecting boom in the near future because boom is something that replicate the values of your investments regardless of how long have you been holding.Well, I still believe that a bull run will happen at the end of the year. Though it might not be like the bull run last year, but growth will surely happen. Still, its hard to predict what will happen to the market. It is still wise to hold our coins and wait for the market to rise.
I am more inclined towards the market forces because time has nothing to do with the irse in the financial markets. It is only the invisible hand forces that does so and having said that, we can expect the bull in the next year as well.Today market is going down and in a single day 112B$ to 101B$ and still it is going down. Do you think it is getting ready to move up or it will go down further towards 5000$ or more. Track record of BTC shows that it is vrey un-predictive to predict about BTC.
It is obvious that the current movement of bitcoin took everyone by surprise but there is not a reason to panic and to think that we are going to reach such a low price, it is likely the current price is going to remain for a few days or a few weeks and then we're going to go back to normality and the price of bitcoin will be above 6000 as it has been for the last months.Well as you said, it's extremely unpredictable so it doesn't make a lot of sense to try and foresee what direction it will take from here. We've been a little complacent with the previous stagnant price that the dump shook a lot of people. Guess we just have to prepare for whatever will happen in 1 and a half month.
Developing economies face similar economic problems, but any issue is magnified by low GDP and high levels of poverty. For example, unemployment in a developing economy is more serious because there is unlikely to be any government insurance to give a minimum standard of living.
Putting forward good policies help a lot and I think that if you have influence to put forward the welfare enhancing policy, that would be much better in the right of the poor and financial trodden people and will be enough for them to make money to improve their living standard.Most of the people I know are also against giving cash to people and helping them in other ways. But middle class people cannot do much. Creating a system or teaching them to do something might consume a lot of time and a person with regular job or business might not be able to manage this.
Solution to this is a combined effort from everyone to develop such a system.
Well in my opinion no one can eradicate poverty. There will be poverty in different forms at different stages of life. You cant make everyone rich or even in middle class. This is natural fact.Solution to this is a combined effort from everyone to develop such a system.
Bitcoin is now down at 5500 dollars. This is not good in cryptocurrency because bitcoin is the foudation of all cryptocurrencies. If it will goes down, expect that other altcoins will follow it too. Look at Ethereum and EOS, they move down after bitcoin goes down today. Will it be move up on upcoming years?
This is no doubt a bad news and the drop makes things much chaotic for the users who are already suffering by the fall in the value of the coins. But no matter how low the values fall, one day they will rise high.Truthfuly speaking, I am not sure that some day we will see Ethereum at price of $60. There is too much attention at this altcoin
Same is what I believe about the future of this coin. Regardless of the demand in the market, I focus and evaluate the technology, project and the pace with which it proceeded after being launched in 2015.Re: Young people will drive Bitcoin adoption more than the older generation.
We know that younger people these days are used to everything being faster and more efficient, because they have been exposed to technological innovation from their birth.
The younger people entered this world at a much faster pace than the older generation and they are being bombarded with choices like no generation before them. They are also used to instant gratification, because technology has enabled a world where things happens almost instantaneously.
Bitcoin is just another technology where things are done more efficiently and much faster than the traditional options available and the younger generation are drawn to these technologies, like a moth to a flame.
Bitcoin should be applied to all services where there are a need for more speed and efficiency, to draw in the younger generation that are constantly searching for that.
Do you agree? Let's discuss this and see if we can target the correct demographic with this technology.
The younger people entered this world at a much faster pace than the older generation and they are being bombarded with choices like no generation before them. They are also used to instant gratification, because technology has enabled a world where things happens almost instantaneously.
Bitcoin is just another technology where things are done more efficiently and much faster than the traditional options available and the younger generation are drawn to these technologies, like a moth to a flame.
Bitcoin should be applied to all services where there are a need for more speed and efficiency, to draw in the younger generation that are constantly searching for that.
Do you agree? Let's discuss this and see if we can target the correct demographic with this technology.
Of course they will do that, but for some old folks they would much prefer the old way and we are not going to deal with that youngsters. So we should try to make them understand all about crypto and blockchain tech.
A quick recap of cryptocreds ideas https://medium.com/@cryptocreddy/bitcoin-bull-market-considerations-de3aa0b57029
First of all, Ill say that Im confident that BTC will reach new heights, however, I think that this new growth in an upcoming bull market wont be as rapid as it was in 2017. There are some reasons:
1) In 2017 majority of people just knew about a revolutionary blockchain technology, and was fascinated by it. Nowadays there is a different situation this word is now on hearing and people wont go here just for a new technology
2) In 2017 people knew Bitcoin only from his growth-side. If the crisis of 2013 was recalled, it seemed like something long forgotten. Now every newcomer will remember crisis of 2018 and will think 100 times before investing big money here.
3) From the technical point, the price grew in a free flight there were no any resistance levels. Now, after this market dump, there are a lot of resistance levels have been appeared and the price will have to break all of them
4) Probably, many of people who now have minus balances will want to exit of crypto to fix their funds from losses as soon as they became green.
If you found this post useful, I will be really appreciated for +merit.
Ideally bitcoin is quite stable for now because it is already grown, who thought bitcoin could reach this far? at $6000? about a few years ago it is just a mooning speculation but it happened last year. Another thing why bitcoin does not giving signs of hype this year because lot of altcoins are showing positive outputs and great player in the market right now.First of all, Ill say that Im confident that BTC will reach new heights, however, I think that this new growth in an upcoming bull market wont be as rapid as it was in 2017. There are some reasons:
1) In 2017 majority of people just knew about a revolutionary blockchain technology, and was fascinated by it. Nowadays there is a different situation this word is now on hearing and people wont go here just for a new technology
2) In 2017 people knew Bitcoin only from his growth-side. If the crisis of 2013 was recalled, it seemed like something long forgotten. Now every newcomer will remember crisis of 2018 and will think 100 times before investing big money here.
3) From the technical point, the price grew in a free flight there were no any resistance levels. Now, after this market dump, there are a lot of resistance levels have been appeared and the price will have to break all of them
4) Probably, many of people who now have minus balances will want to exit of crypto to fix their funds from losses as soon as they became green.
If you found this post useful, I will be really appreciated for +merit.
Bitcoin stability lets me think that this cryptocurrency will not change its price critically for at least several years. I am looking for the bears market but now, I do not know when it comes. Still hope, everything will happen this winter.
This will be a good time to sell-- bitcoin is going down and people are just dumping on it. Meanwhile on the other side, people are getting the scraps of bitcoin that they can lay their hands on hoping that there will be a next bull run and make themselves rich. but if you are going to study the trend for this year, it is not looking good for the upcoming years for BTC. New coins are emerging and soon BCH will overtake BTC.
I strongly disagree, notwithstanding the dumping price, I think it isnt a good time to sell. Rather get yourself ready to buy bitcoin. Prices may shoot up very soon so take the pledge now.2019 will see more crypto users and hopefully by the half of 2019, bitcoins can rebound to its highest price it was in 2017 December. As was seen in 2018, more ICOs will be flourishing and a lot of merchants will be integrating the crypto into their products.
Another great news came from both Hong Kong and Canada. Apparently the crypto companies are working towards getting a special deal for their energy needs in canada and they have been working with local governments and local energy providers so they can get a deal. One big company called DMG Blockchain Solutions has actually gotten 85 megawatts of energy and that is enough to power 50 THOUSAND houses, which is why they wanted to get a bulk discount instead of paying individual prices.If that happens the already favored canadian mining sector will definitely get much bigger and rival china for sure. Also hong kong has published regulations that are easy on blockchain companies and just allows them to be taxed just like any other. French lawyers has also told the government to go easy on crypto regulations so the crypto companies can rise there instead of going somewhere else.
Hey!
So, here is the deal:
Some of my friends tell me Cryptopia is a solid exchange to trade on. Especially for the smaller coins (not in the top 300),
But, some other friends absolutely hate Cryptopia, they say the UI sucks and it even has scam coins on them.
Both of them have a point, I know the UI isn't the best, but i also know it's good to trade smaller coins on.
I'm wondering, have you ever used this exchange and if yes, would you recommend it?
Looking forward to see some of your replies!
> Netcre
Whether the UI sucks or not, as long as it works, then there is no problem. They can even fix that if their participants start to give them feedback about what they hate about the UI. The only thing you should be concerned about is the coins that are being listed, are they listing scam coins as some people he claimed? If the answer is yes, then it is best for you to draw X on it and move it, since there are better exchanges.So, here is the deal:
Some of my friends tell me Cryptopia is a solid exchange to trade on. Especially for the smaller coins (not in the top 300),
But, some other friends absolutely hate Cryptopia, they say the UI sucks and it even has scam coins on them.
Both of them have a point, I know the UI isn't the best, but i also know it's good to trade smaller coins on.
I'm wondering, have you ever used this exchange and if yes, would you recommend it?
Looking forward to see some of your replies!
> Netcre
Phoenixcoin reborn from the ashes on October (10th month) as the Rothschilds wrote. Buy the coin at the best price now.
https://steemitimages.com/DQmSUThCJ433EYjd5NTHGc5AtWbaAaX3Y9woYB4Y3YVHDTE/the-economist-1988-predicts-digital-world-currency-by-2018.jpg
https://steemitimages.com/DQmSUThCJ433EYjd5NTHGc5AtWbaAaX3Y9woYB4Y3YVHDTE/the-economist-1988-predicts-digital-world-currency-by-2018.jpg
on the cover there is a coin of dignity 10 Phoenix (Phoenixcoin) - its mean 10th month - October 2018. Within 1 week start October, very interesting. I bought some coins.
Considering this won't change for a long time in almost everywhere than we can say that these holy trinity of money will continue to rule over the world for years to come. Maybe in distant future like 50 years from now we may see a rival but no matter what happens we will continue with these for now.
Re: What exactly needed from Crypto Currencies to Drive Positive Economics!
Its been a while since crypto currencies are now existed but all we know that there has been completely misuse or what can we say, misleading approach towards the crypto.
Chronologically,
1) Bitcoin started at the first and made its way from testing phase to reality with the help of blockchain. The coded coin got little attention at the first.
2) Bitcoin wasn't even recognised in the news properly. It was just fun for the tech lovers and new technology enthusiast.
3) People who were engaged in it ( believe tiny fraction of population whose engaged today) has some interest because they believed in it.
One of the stories that I found from the 2009 article stated that,
4) However, this went well only for the next two to three years until the 2012 by the time more people got engaged and thought about it as more or less trading asset, store value, something that can give money for the HODL process and much.
5) Seeds of such thoughts got sown by many and thus it was the very first time when crypto took completely alternate future for themselves.
6) With ETH platform up rise and generation of smart contract tech more and more coins started to exist and thus it became very usual thing to invest in them and drive all of the national money into blockchain.
7) This is the first time when Government, Financial Institutes, Stock-Forex Exchanges and Central Banks got trapped into circles of blockchain and crypto created such ways.
None of them even interfered with the blockchain until they started to burn their own businesses due to crypto investments which was made by the people. The public ledger was now subject of interest for such institutes around the globe.
9) Not so far until 2016-2017 huge scams started to happen around the crypto sphere and thus most of them started to see worst side of the crypto use. Money laundering, drugs supply, black market emerged with great power and thus shook the real world market.
10) Now this is something which created devil thoughts in Governments Agenda where they are responsible for banning or abolishing the crypto.
11) Crypto currencies are now no longer entertained with the same energy as they used to be back ago.
Thus, it led bitcoin and others to kill the market and drive economics to worst situation rather than taking to positive one.
Conclusion :
- There needs an anticorruption out throw so that crypto currencies can only be used for the products and services that are legal one. This will help circulate the real world money within the nation under taxed portals and thus will keep healthy circulation all the time.
- It wont digest the taxes, it wont stop the national development.
- Government will help crypto currencies to go public for the sake of using new technology and more open sourced information.
- To recover the money entered into the crypto sphere, there needs a system which can bridge the gap between crypto and real world banking itself which is approved by the government themselves.
your first point about having an anti-corruption to stop people from buying illegal stuffs with Bitcoin is impossible. How exactly do you know what people are buying with Bitcoin? Blockchain only shows the transactions that were made from one wallet to another, but it doesnt show what those transactions were meant for, whether they were sent as payment or used to buy anything from the dark web or wherever.Chronologically,
1) Bitcoin started at the first and made its way from testing phase to reality with the help of blockchain. The coded coin got little attention at the first.
2) Bitcoin wasn't even recognised in the news properly. It was just fun for the tech lovers and new technology enthusiast.
3) People who were engaged in it ( believe tiny fraction of population whose engaged today) has some interest because they believed in it.
One of the stories that I found from the 2009 article stated that,
Quote
Analysis of energy usage indicates that the market value of Bitcoins is already above the value of the energy needed to generate them, indicating healthy demand. The community is hopeful the currency will remain outside the reach of any government."
where people used to think its profitable currency to mine. And that was but obvious back then. Energy was not much needed as all you had to do was to engage your desktop with the network. 4) However, this went well only for the next two to three years until the 2012 by the time more people got engaged and thought about it as more or less trading asset, store value, something that can give money for the HODL process and much.
5) Seeds of such thoughts got sown by many and thus it was the very first time when crypto took completely alternate future for themselves.
6) With ETH platform up rise and generation of smart contract tech more and more coins started to exist and thus it became very usual thing to invest in them and drive all of the national money into blockchain.
7) This is the first time when Government, Financial Institutes, Stock-Forex Exchanges and Central Banks got trapped into circles of blockchain and crypto created such ways.
None of them even interfered with the blockchain until they started to burn their own businesses due to crypto investments which was made by the people. The public ledger was now subject of interest for such institutes around the globe. 9) Not so far until 2016-2017 huge scams started to happen around the crypto sphere and thus most of them started to see worst side of the crypto use. Money laundering, drugs supply, black market emerged with great power and thus shook the real world market.
10) Now this is something which created devil thoughts in Governments Agenda where they are responsible for banning or abolishing the crypto.
11) Crypto currencies are now no longer entertained with the same energy as they used to be back ago.
Thus, it led bitcoin and others to kill the market and drive economics to worst situation rather than taking to positive one.
Conclusion :
- There needs an anticorruption out throw so that crypto currencies can only be used for the products and services that are legal one. This will help circulate the real world money within the nation under taxed portals and thus will keep healthy circulation all the time.
- It wont digest the taxes, it wont stop the national development.
- Government will help crypto currencies to go public for the sake of using new technology and more open sourced information.
- To recover the money entered into the crypto sphere, there needs a system which can bridge the gap between crypto and real world banking itself which is approved by the government themselves.
I would probably split by 5-10 Tokens . First would be Bitcoin ofcourse , Second Ethereum and then i would choose low marketcap tokens with almost ready or working products like Hiveterminal , BelugaPay or something like that . And Would throw like 1k in ICO , its risky ofcourse , but who knows 
If I have $10000 I will buy different coins like half of bitcoin, Ethereum, Ripple and Litecoin. These are the best coins in the market and in the future I am sure it will give me good money. I am not in favor of investing all the money in one coin because if the price drops of that coin, I will lose all my money. it is better to split investment in different coins for mental relaxation.