I am proud of all Cryptotalk members. - Page 7 - For Beginners - CryptoTalk.Org Jump to content
Calvinpriva

I am proud of all Cryptotalk members.

Recommended Posts

Thank you so much my respected Senior for shoeing your love to us. I am very glad to know that how you appreciate our work. I have found this forum as a dream of my life. Here always you ewillbbe get knowledge as much as Love, Cares and much feelings. Hope this Relationship will go a long and everyone here will be helped from this post. Best wishes!

  • Useful or interesting 1
  • +1 1

Man is prone to error.

If you see any errors in my post, please correct me.

I will be very grateful to you. 🥰❤️

Share this post


Link to post
Share on other sites

As the crypto talk faced some of the payment issues recently but we can see that there are so many new members joined to the crypto world unless of left in this crypto forum.

This is a great thing about the keep the members hats off Dear members you are the pillars of this crypto world and being with the crypto at such a crucial issues other than letting it shows how much loyal and you are trusting our platform congratulations for your payments.


40A10C64-835D-48F7-BD19-5D7CC61EEB58.png

Share this post


Link to post
Share on other sites

I too have joined the forum after the change of the payment  system and yet I believed  the payment  system and working in this legit plateform.

  • Useful or interesting 2

Share this post


Link to post
Share on other sites

Yes of course it's a fantastic platform to earn and gain knowledge mi2a so proud of all the members of this cryptotalk because here all the members are cooperating with each other and supporting each other and here the best thing is that all the members are indiscipline their following all the rules and regulation of the forum..

  • Useful or interesting 1
  • +2 1

Share this post


Link to post
Share on other sites

Yes i agree with you  Because at cryptalk we all come to learn, know and inform.  Not everyone here is experienced.  Someone will teach, someone will learn, so we will complement each other here.  So I am proud of all the members like you.

Share this post


Link to post
Share on other sites

I'm also proud of being a member of this forum. This forum gave me an opportunity to earn money while studying and it also gave me an source of income for my needs in school just like on my tuition fee. I'm really proud of myself because one of my wish is to earn in online then I did it.

Share this post


Link to post
Share on other sites
On 8/9/2020 at 11:23 PM, Calvinpriva said:

Let start with new members,
You have joined this forum when the payment system has been changed, so you don't have any self proof that this forum is legit! But you trusted us after we prove to you that this forum is real and has many benefits apart from paying us! Just keep it up, what i believe is that every hard way that you pass has a good ending. 

 

Old members,

I wrote that short message to motivate the beginners. For the first time, we were earning 30,000 satoshis (0.0003 BTC) every day for writing 30 useful posts, but now we earn Talk tokens from our useful posts. It is not bad, but i feel proud for beginners because they joined this forum when the payment method has been changed, and at the same time we can't trade those tokens that we earn until September! But these new members are still with us. They believe in us, and now we are in the same journey until we can trade Talk tokens! Writing together, learning together, laughing together, and many more good things.

 

All members,

We have so many members here on the platform, and each member lives differently from other members, there is a member with a better life and there is another has a very normal life. I know there are those who will oppose it but that is the truth, our lives are different! But when we come to this forum, we all have one dream which is to put our crypto-related arguments so that we can discuss them together and gain new knowledge in those discussions. Therefore, let us continue to work together without discriminating against the rank of your fellow member. You as an old member,  help the new members so that our forum continues to have good members, and you as a new member be proud to be helped by an experienced member if he or she points out something that is right for you. Respect everyone because that will help you get along with more members and you will get very far.

__________________!

 

Yes i really do. I just joined crypto but i just love this forum. Its so much good for earning and also gain knowledge. From here we also develop our skill too thank you cryptotalk 

  • Useful or interesting 1
  • +1 1

Share this post


Link to post
Share on other sites

You asked a nice question. I agree with your question.  Of course I am proud of those of us who are members of cryptotalk because we have found such a good site through which income can be made.  With this site we can earn a lot of money in a very short time.  So for those of us who are members of cryptotalk I am proud and for those who are new members I am hopeful that they will benefit a lot.  Thank you for such a beautiful question

  • Useful or interesting 1
  • +1 1

Share this post


Link to post
Share on other sites
On 8/9/2020 at 10:23 PM, Calvinpriva said:

Let start with new members

I have joined this forum later to your topic, at that time forum was being cleaned from spammers by moderators and no payments were proceeded and I appreciate beginners of that time who show their loyalty to this forum by continuously working for it. 

 

On 8/9/2020 at 10:23 PM, Calvinpriva said:

Old members

It is good to know for me, that time members do 30 posts and get 30,000 Satoshi then payment system changed to TalkTokens which are also good and I appreciate members who remain on forum and show patience for TalkTokens to trade in the market. 

 

On 8/9/2020 at 10:23 PM, Calvinpriva said:

Respect everyone because that will help you get along with more members and you will get very far.

Nice advice at the end! I find this topic very inspiring thank you. 

  • Useful or interesting 2

Share this post


Link to post
Share on other sites

Yes I also agree with you. It is so interesting because day by day number of members joining is also increasing at the same time topics and the post are interesting and increasing. Thank you for appreciating and increasing our inspiration my friend. 

  • +1 1
  • +2 1
  • +4 2

Share this post


Link to post
Share on other sites

Yes my friend i also feel proud to be a member of this excellent forum here i am earning money by easy steps I am also learning by this forum how to  earn money how to use crypto currency how to trade and i  made my engkish language better by this forum now i am able to talk in english i am able to earn moeny by this forum and i am also able to trade in this forum for the best profit I love this site.

  • Useful or interesting 1
  • +1 1
  • +3 1

Share this post


Link to post
Share on other sites

Great job with this excellent and encouraging post. I would say your message is really motivating, and summarizes well the purpose of us all here in Cryptotalk. Even though, I'm relatively new here, I have certainly learned to value this forum and its great community, as I have benefited from the knowledge shared here, as well as the token rewards. As for me, I'm always trying my best to contribute with something significant in each of my participations in the forum. 

  • +1 1
  • +3 1

Share this post


Link to post
Share on other sites

I am a new member in this platform but I understand the way in which the payment method works but still I stayed in the platform to learn alot of things from the posts from the experts in cryptotalk.

  • +1 1
  • +2 1

Share this post


Link to post
Share on other sites

you are correct announcing, for me i am acquire my earning by means of talkcoin, so i'm from the second one payment kind, i am very glad because i am right here with you and that i earn  ideas about crypto currency and i am also satisfied due to the fact i'm incomes talkcoin + btc

  • +1 1

Share this post


Link to post
Share on other sites

As crypto currency is now very familiar with everyone Wanna know , join and invest in crypto is the dream of everyone nowadays, it is a fascinating platform where u  can manage your writing skills in the shape of forums .. 

  • +2 1

Share this post


Link to post
Share on other sites

Yes dear, you are absolutely right, we all are proud of all members, all are too cooperative, they guide us too much by their valuable posts, we ask our every queries by posting a question, they posts comments and share their experiences. 

  • +1 1
  • +3 1

Share this post


Link to post
Share on other sites

Yes buddy, there are a lot of new members that come into the forum on a daily basis and this is very good because we can see how much the forum is growing and helping members. I am very grateful to be here and am lucky to be able to learn more about cryptocurrencies and the opportunity to see different opinions and experiences. I really hope the success of all members, and I know that with the help of the forum, with all the content, we will all achieve our goals.

Share this post


Link to post
Share on other sites

This forum give majority of us to share knowledge and benefit from each other more than the way other forum treat its newbie. Here we have freedom to learn, post, comment and also earn without limitation. Only spammers are kick out and also those who fail to abide with the forum rules. To me its a dream come true.

  • +2 1

Share this post


Link to post
Share on other sites

I am also feel proud to be a member of cryptotalk forum.This is very popular forum.Millions of people working on this forum.I think every members should give reputation each others.

  • +1 1

Share this post


Link to post
Share on other sites

Yeah they all are able to be proud on them. Because they all are working well as like me I am also trying very good to be a successful writer here at this forum so that I can easily manage my daily expenses. As I am a student therefore I think that this is the best platform for me.

  • +2 1

Share this post


Link to post
Share on other sites

Yes I am agree to your post .and we are proud all of members cryptotalk . but I am so positive that the payment will surely better than before i read the old payment on the cryptotalk forum site .I think that I am proud the members because they make the information topic and send the information in post about the crypto talk site.we can not ignore the old member and we follow the old member to get the information about cryptotalk .we are also family members and works together at this forum.

  • +4 1

Share this post


Link to post
Share on other sites

Yes, basically! Of course I agree with your post. However I am so positive that I will definitely make the payment better before making the old payment on the site of the cryptocurrency forum. We cannot ignore the old member and we follow the old member to get information about cryptocurrency. We are also family members.

  • +3 1

Share this post


Link to post
Share on other sites
On 8/9/2020 at 1:23 PM, Calvinpriva said:

Let start with new members,
You have joined this forum when the payment system has been changed, so you don't have any self proof that this forum is legit! But you trusted us after we prove to you that this forum is real and has many benefits apart from paying us! Just keep it up, what i believe is that every hard way that you pass has a good ending. 

 

Old members,

I wrote that short message to motivate the beginners. For the first time, we were earning 30,000 satoshis (0.0003 BTC) every day for writing 30 useful posts, but now we earn Talk tokens from our useful posts. It is not bad, but i feel proud for beginners because they joined this forum when the payment method has been changed, and at the same time we can't trade those tokens that we earn until September! But these new members are still with us. They believe in us, and now we are in the same journey until we can trade Talk tokens! Writing together, learning together, laughing together, and many more good things.

 

All members,

We have so many members here on the platform, and each member lives differently from other members, there is a member with a better life and there is another has a very normal life. I know there are those who will oppose it but that is the truth, our lives are different! But when we come to this forum, we all have one dream which is to put our crypto-related arguments so that we can discuss them together and gain new knowledge in those discussions. Therefore, let us continue to work together without discriminating against the rank of your fellow member. You as an old member,  help the new members so that our forum continues to have good members, and you as a new member be proud to be helped by an experienced member if he or she points out something that is right for you. Respect everyone because that will help you get along with more members and you will get very far.

Your word is very nice, sincerely I am proud to participate as a new member of this forum, I was not in those times when 30,000 satoshis were earned daily but I do not regret it because I was able to take advantage of the information that those people with more experience than me have left in this forum, I also get the talk tokens for my participation and with that I am more than grateful...

  • Useful or interesting 2

Share this post


Link to post
Share on other sites

I myself am happy and proud to be part of this forum, my little time spent here has been a great experience for me and I am looking forward to continuing on this part and contributing my own quota to the forum. 

  • Useful or interesting 1

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • 🌐 Bitrezerv.com - ваш персональный помощник в обмене криптовалюты без верификации!   Мы поддерживаем Tezos, Shiba, Stellar и многие другие монеты. Обменивайте с удовольствием!   #CryptoTrading #BitrezervExchange
    • 🆕 Главная новость месяца!   Июнь стал для нас настоящим прорывом!   AVEEX.co официально стал партнёром exchangesumo.com.  Это важный шаг для нас, так как этот мониторинг для многих является эталоном надёжности. Его выбирают, чтобы подобрать проверенный обменный сервис.  И теперь мы среди них!   Это означает, что exchangesumo отметил надёжность, качество, работу тех.поддержки, выгодные курсы и неповторимый дизайн нашего сервиса.    Мы и дальше будем расти, развиваться и ,конечно же, улучшать сервис во всех направлениях.    Ждём вас у нас в AVEEX.co!  
    • Аналитик, известный под псевдонимом Kaleo, сообщил своим 640 000 подписчикам в запрещённой в России соцсети X (ранее Твиттер), что Dogecoin может вырасти до $1 или даже до $2. По словам эксперта, сейчас рынок криптовалют находится в так называемом суперцикле мемкоинов. Kaleo считает, что криптовалюты, вдохновлённые мемами, уже показывали периоды, когда их стоимость возрастала на 6000% от минимумов и даже на 30 000% от исходных значений. По его словам, потенциальный прорыв DOGE может произойти в период с декабря этого года по февраль 2025 года, но не раньше потенциального спада, в результате которого DOGE вернётся к отметке $0,08 или $0,1, поскольку аналогичный прорыв тренда с просадкой в 30% произошёл в 2020 году. Эксперт указал, что технический индикатор Гауссовского канала (GS), который на недельном графике Dogecoin стал зелёным, является ещё одним доказательством того, что, когда придёт время, курс DOGE невероятно вырастет. Напомним, что за последние несколько месяцев сектор мемкоинов демонстрирует максимальную доходность по сравнению с другими виртуальными активам, что ещё больше привлекает к нему внимания инвесторов и трейдеров. Таким образом, у DOGE, как и других мемкоинов есть шансы на то, чтобы и дальше демонстрировать высокую прибыль на рынке. Источникhttps://ru.investing.com/news/cryptocurrency-news/article-2444960📎 ——————————————————— ОБМЕНЯТЬ  / ПОМОЩЬ  / ОТЗЫВЫ
    • VPS сервера от 6$Выделеные сервера от 54$Сервера с GPU от 300$с полным списком услуг можно ознакомится на нашем сайтеDEDIONE-Available Serversнаши контакты:TG: https://t.me/Alffi_Solomonsподписывайтесь на наш канал переодически добавляем сервера с большими скидками или совершенно бесплатно.ссылка на канал https://t.me/+u1QBackNiKZjYWVk
    • Друзья, наши курс на данный момент: USDT – RUB – 82.1 (Не забывайте, что курсы нестабильны, точные данные можете узнать в моменте у поддержки)
    • Добрый день всем нынешним и будущим клиентам 😊 Курс по направлению: BTC – RUB – 5 059 946 Обменник работает в ручном режиме, 24/7. Подробности уточняйте у операторов.
    • solid project and paying Cripto Motorsport I really like it and with many options to advance quickly if you don't really want to invest I recommend it, take a look you won't regret it
    • Forex and Cryptocurrency Forecast for 01 – 05 July 2024 EUR/USD: Inflation in the US – Everything is Going According to Plan   Last week, specifically on Thursday, 27 June, the dollar received support from positive macroeconomic data from the US. The Department of Commerce reported that according to the final estimate, the US GDP grew by 1.4% in Q1, against the forecast of 1.3%. (According to the current Fed forecast, the country's real GDP will expand by 2.1% in 2024). Labour market statistics were also optimistic – the number of initial jobless claims in the US amounted to 233K, lower than both the forecast of 236K and the previous figure of 239K. Durable goods orders did not disappoint either, rising by 0.1% in May against the forecast of a decline of -0.1%. Against this backdrop, the DXY dollar index rose to 106.10, approaching April highs, and EUR/USD dropped to 1.0685.   However, the main events of the week were scheduled for Friday, 28 June, the last trading day of Q2. It is worth noting that the cash flows typical for the end of the quarter and the adjustment of trading positions at this time usually increase market volatility and can even cause chaotic movements in major currency pairs. Additionally, intrigue was added by the fact that on this day, the Bureau of Economic Analysis of the USA was to publish data on the Personal Consumption Expenditure (PCE) index for May. This indicator is the Fed's preferred inflation gauge and therefore influences decisions regarding interest rate changes.   According to preliminary estimates, the markets expected that the core index would decrease from 2.8% to 2.6% year-on-year and from 0.3% to 0.1% month-on-month. If this forecast were to come true, it would have strengthened expectations of an imminent easing of the American regulator's monetary policy. On the eve of the publication, market participants predicted that the first Fed rate cut would occur in September, with another one in November or December.   However, there was also an alternative scenario. On Wednesday, 26 June, Fed Board member Michelle Bowman stated that if the disinflation process in the US stalls, the regulator would have no choice but to resume tightening policy (QT).   The actual figures matched the forecasts exactly – core PCE decreased from 2.8% to 2.6% year-on-year and from 0.3% to 0.1% month-on-month. It is obvious that this result was already priced in, so it did not produce a "wow" effect on market participants, and after a brief dip, DXY returned to current levels.   The dollar was also supported by the President of the San Francisco Federal Reserve Bank, Mary Daly, who commented on the PCE data: "The Fed has not yet made a decision, but the PCE data is good news. [...] There is evidence that policy is sufficiently tight. [...] It takes more time for the policy to work. [...] If inflation remains stable or decreases slowly, rates will have to be raised longer."   As for the European Central Bank (ECB), unlike its overseas counterpart, it has already started the easing process (QE). At its meeting on 06 June, it already lowered the euro rate by 25 basis points (b.p.) to 4.25%. And as ECB representative Olli Rehn stated on 26 June, the market forecast for two more rate cuts in 2024 seems "reasonable". These words from Rehn signalled tolerance towards inflation spikes in the Eurozone, which is a negative factor for the common European currency.   The final point of the week, month, and quarter was set by the EUR/USD pair at 1.0713. The analyst forecast for the near future as of the evening of 28 June is as follows: 65% of expert votes were given for the pair's decline, 20% for its growth, and another 15% remained neutral. In technical analysis, 80% of trend indicators on D1 sided with the dollar and turned red, while 20% preferred the euro. Among oscillators, 75% were on the dollar's side, with the remaining 25% taking a neutral position. The nearest support for the pair is located in the zone of 1.0665-1.0670, followed by 1.0600-1.0615, 1.0565, 1.0495-1.0515, 1.0450, and 1.0370. Resistance zones are found around 1.0740-1.0760, then 1.0815, 1.0850, 1.0890-1.0915, 1.0945, 1.0980-1.1010, 1.1050, and 1.1100-1.1140.   The upcoming week will be rich in macroeconomic statistics. On Monday, 01 July and Tuesday, 02 July, preliminary data on such an important indicator as the consumer price index (CPI) in Germany and the Eurozone will be released, respectively. Speeches by ECB President Christine Lagarde and Fed Chair Jerome Powell are also scheduled for 01 and 02 July. In addition, on Monday and Wednesday, business activity indicators (PMI) in various sectors of the US economy will be known. But this is not the end of the flow of important information. Late in the evening of 03 July, the minutes of the last FOMC (Federal Open Market Committee) meeting of the Fed will be published. On Wednesday, 03 July, and Friday, 05 July, we will be flooded with statistics from the US labour market, including the unemployment rate and the number of new jobs created outside the agricultural sector (NFP). Traders should also keep in mind that 03 July is a short day in the US, and 04 July is a full holiday as the country celebrates Independence Day. And looking a bit further ahead, we remind you that early parliamentary elections will be held in France on Sunday, 07 July, the result of which could greatly affect the common European currency.   GBP/USD: Focus – On 04 July Elections   General parliamentary elections will be held not only in France but also in the United Kingdom, scheduled for Thursday, 04 July. Announcing this event, Prime Minister Rishi Sunak stated that he is proud of the "achievements of his government [Conservatives]". "Economic stability is the foundation of any success," he added, noting that the UK economy is still growing and inflation has returned to normal levels.   Despite Sunak's assurances, in May 2024, the monitoring company Ipsos reported that 84% of the population are "dissatisfied with how the government is managing the country". Current election forecasts based on public opinion polls show that 21.3% may vote for the Conservatives, 41.9% for their opponents, the Labour Party, and the rest for other parties.   It must be noted that the government of Rishi Sunak has several real achievements. On 19 June, data on consumer inflation (CPI) was published, and overall, the picture turned out to be quite good. The consumer price index month-on-month remained at the previous level of 0.3%, lower than the forecasted 0.4%. Year-on-year, the CPI decreased from 2.3% to 2.0%, reaching the Bank of England's (BoE) target for the first time since October 2021. The core index (Core CPI), which excludes volatile components such as food and energy prices, also showed a significant decrease from 3.9% to 3.5% year-on-year.   According to the report from the Office for National Statistics (ONS), presenting the final data on 28 June for Q1 2024, the UK economy grew by 0.7%, higher than the previous value and forecast of 0.6%. Year-on-year, real growth was 0.3%, exceeding the previous value and expectation of 0.2%. This was the best dynamic since Q4 2021.   If the UK parliamentary elections on 04 July and the inflation report on 17 July do not bring significant surprises, the markets predict that the BoE will start lowering rates at its nearest meeting on 01 August. According to ING bank strategists, "we still forecast that the Bank of England will start lowering rates in August and will begin to signal this in its speeches as soon as the general elections on 04 July are over". In their opinion, the likelihood of rate cuts by the Bank of England is much higher than those by the Fed, which will put pressure on the pound sterling. TDS company analysts, on the other hand, give the following forecast: "We believe a rate cut of 15 b.p. is expected in August, and about 50 b.p. in total for 2024". In several other market participant forecasts, it is also mentioned that by November, the reduction could be around 30 b.p.   GBP/USD ended the past five-day period exactly where it started – at 1.2644. The analyst forecast ahead of the parliamentary elections is unequivocal – 100% side with the dollar and expect the British currency to weaken. Regarding technical analysis on D1, there is also a clear advantage on the dollar's side. Trend indicators are in favour of the dollar at 65% to 35% red to green. Oscillators are 100% pointing south, with 20% signalling the pair is oversold. In case of further decline, the pair's levels and support zones are 1.2610-1.2620, 1.2540, 1.2445-1.2465, 1.2405, 1.2300-1.2330. In case of the pair's growth, it will meet resistance at levels 1.2675, 1.2700, 1.2740-1.2760, 1.2800-1.2820, 1.2860-1.2895, 1.2965-1.2995, 1.3040, and 1.3130-1.3140.   As for the events of the upcoming week, all investor attention is focused on the elections on 04 July. The next important event, as mentioned, will be the publication of the fresh inflation report in the United Kingdom on 17 July.   USD/JPY: Another Peak Conquered   Last week, 75% of analysts expecting new currency interventions voted for the USD/JPY pair's retreat south, while the remaining 25% pointed north. The minority, as is often the case with the Japanese currency, turned out to be right: no interventions occurred, and the pair reached another peak – 161.28.   Frankly, there's nothing to comment on here – everything has been discussed dozens and hundreds of times. The problem of the yen's weakening lies in the ultra-loose monetary policy of the Bank of Japan (BoJ). And as long as it does not decisively turn towards tightening, the national currency will continue to lose its positions. Of course, for a while, the Ministry of Finance and the Central Bank can support its exchange rate with currency interventions. But spending billions and billions on something that disappears like ripples on water after a few days – is there any point in that? Can this be called monetary policy?   If inflation falls in major competing countries, in Japan, it rises. According to data published on Friday, 28 June, the Consumer Price Index (CPI) in Tokyo for the year ending in June rose to 2.3% compared to 2.2% for the previous period. The core CPI inflation (excluding volatile food prices) also increased to 2.1% year-on-year, which is higher than both the forecast of 2.0% and the previous value of 1.9%. Another core CPI index for Tokyo (excluding food and energy prices) decreased in June to 1.8% year-on-year compared to the previous value of 2.2%.   Of course, these are not jumps that warrant sounding a loud alarm – all indicators are "hovering" around the target 2.0%. This allows Japanese officials to pause, without changing the vector of their monetary policy, and to limit themselves to verbal "interventions". Thus, Japan's Finance Minister Shunichi Suzuki once again stated that he is "deeply concerned about excessive and unilateral movements in the Forex market" and expressed hope that "trust in the Japanese currency is maintained". Suzuki's colleague, Cabinet Secretary Yoshimasa Hayashi, delivered almost the same speech word for word. However, he added that the authorities "will take appropriate measures regarding excessive currency movements", hinting at another currency intervention.   This hint from Yoshimasa Hayashi scared 60% of experts who voted for the pair's southward movement and yen strengthening, 20% pointed north, and 20% took a neutral position. The opinion of the indicators is unambiguous, as they have never heard of interventions. Therefore, all 100% of trend indicators and oscillators on D1 are green, although a quarter of the latter are in the overbought zone. The nearest support level is around 160.25, followed by 159.20, 158.65, 157.60-157.80, 156.60, 155.45-155.70, 154.50-154.70, 153.60, 153.00, 151.90-152.15, 150.80-151.00. The nearest resistance is in the 160.85 zone, followed by 161.30 and 162.50.   In the upcoming week, the calendar highlights Monday, 01 July. On this day, the Tankan Large Manufacturers Index will be published. No other important macro statistics regarding the state of the Japanese economy are planned for the coming days.   CRYPTOCURRENCIES: Causes and Consequences of "Black Monday" on 24 June     Monday, 24 June, presented investors with a very unpleasant surprise – on this day, bitcoin's price fell below $60,000 for the first time since 03 May, reaching $58,468 at one point. Ethereum, in turn, fell below $3,250. Analysts highlight several reasons for the active sell-offs, noting that they reflect overall instability in global financial markets and uncertainty about monetary and regulatory policies in several leading countries, especially China and the US. However, there are also more specific factors that contributed to the development of the bearish trend.   In mid-June, the German government began selling off a huge amount of bitcoins (about 50,000 BTC) confiscated in January. Panic sentiment sharply intensified after the announcement on 24 June that creditor payments for the bankrupt crypto exchange Mt.Gox would begin in early July. The total amount of funds to be distributed among former clients is 162,100 BTC, roughly $10 billion. Bitcoin responded to this news with an 8% drop. It’s no surprise – such a volume of coins flooding the free market can seriously knock down prices. In the derivatives market, long positions worth $177 million were forcibly liquidated, and the total financing rate for futures contracts turned negative for the first time in June, indicating that sales exceeded purchases.   It is precisely on the expectations of Mt.Gox debt payments that the flagship crypto asset's quotes reached the lowest level in the past eight weeks last Monday. In this situation, two things are encouraging. Firstly, the deadline for repayment falls on 31 October, and it's possible that payments will be made in parts over four months rather than all at once. And secondly, there is hope that not all creditors will rush to convert their bitcoins into fiat, but will hold onto them, hoping for price growth.   In addition to the above, BTC miners exerted some downward pressure on the market. It became known that their coin reserves reached a 14-year low, as they had to sell a significant amount of BTC due to the April halving to cover operational expenses. Recall that the cost of mining bitcoin, according to JPMorgan analysts, is $53,000. Historically, this cost level is a strong support for BTC/USD. However, even in March, JPMorgan did not rule out that after the halving, bitcoin could temporarily fall to $42,000.   In the absence of positive signals, the demand for spot bitcoin ETFs continues to decline, major market participants slow down their activity, and start to take profits. This also pressures the prices. CEO of investment company CryptoQuant Ki Young Ju calculated that over the past two weeks, bitcoin whales and miners set a record by selling coins worth $1.2 billion.   According to 10x Research, all last week, US spot BTC ETFs recorded investor outflows, and on 21 June, net outflow exceeded $105 million. 10x Research believes that bitcoin will now need to find a new price range to stabilize the decline and then find growth catalysts. In the medium term, according to 10x Research analysts, it is not worth expecting BTC to return above $70,000.   Popular analyst Matthew Hyland noted that the combined bitcoin balance on centralized exchanges reached a multi-year low. In theory, this could be seen as a bullish signal, but the crypto market leader is not yet eager to show an upward trend. Naturally, the publication of key US economic data could serve as a vector for further cryptocurrency movements. If the Fed takes its first step in easing its monetary policy in September, it could support risky assets, including bitcoin. According to Cryptology experts, the chances of bitcoin reaching a new all-time high by the end of September are quite high, and what is happening now is a phase of accumulation.   Despite the current decline, many investors remain optimistic, citing the cyclical nature of the crypto market. They also do not forget about the US elections. For example, former Goldman Sachs CEO Raoul Pal predicted significant bitcoin and cryptocurrency market growth in Q4 2024. In an episode of The Wolf Of All Streets podcast, the financier noted that risky assets like bitcoin usually rally against the backdrop of US presidential elections. "The final quarter of an election year is a real 'banana zone' for all assets. It always is," Pal optimistically stated, noting that the "banana zone" for cryptocurrencies in autumn is much more pronounced than, for example, for the Nasdaq index.   Bitcoin was also supported by billionaire Michael Saylor. His company, MicroStrategy, is one of the largest bitcoin holders in the world, with 205,000 BTC on its balance sheet. Despite the negative trend, it increased its reserves by another 11,931 BTC (over $700 million) in the past month alone. Saylor is convinced of the first cryptocurrency's ability to grow to $10 million with support from China and other factors. He believes that in the future, governments, especially China, will fully embrace the first cryptocurrency and integrate it into the state infrastructure. The entrepreneur declared all pre-bitcoin economic instruments obsolete. "Before Satoshi Nakamoto, economics was a pseudoscience. All economists before Satoshi tried to develop economic laws with shells, glass beads, pieces of paper, and credit instruments," the businessman wrote, calling bitcoin a "perfect asset."   In previous reviews, we already wrote that the launch of exchange-traded spot ETFs on Ethereum could give a certain boost to the digital asset market. On 25 June, SEC (US Securities and Exchange Commission) Chairman Gary Gensler noted that the registration process for new ETFs is "going smoothly," and the approval date depends on how quickly applicants submit adjusted S-1 forms. Bloomberg analysts call 02 July the expected approval date for new products. Reuters, citing anonymous sources, reports that a consensus has been reached between fund managers and the SEC in negotiations, and only the "final touches" remain.   Co-founder of venture company Mechanism Capital Andrew Kang stated that after the approval of ETH-ETF, Ethereum's rate could correct by 30%, falling to $2,400. In his opinion, at this stage, the main altcoin attracts much less attention from institutional investors compared to bitcoin. Based on this, ETH-ETF will attract only 15% of funds compared to what BTC-ETF received at the start.   Kang noted that to increase Ethereum's attractiveness among investors, its ecosystem needs to be positioned as a decentralized financial settlement layer, a global computer, or a Web3 application store. At the same time, it will be difficult to sell new ideas for Ethereum's application to funds, as the asset is perceived by investors as an overvalued stock of a large technology company.   Significantly more positively views the future of Ethereum Matt Hougan, CIO of Bitwise, a company managing cryptocurrency funds. In his opinion, the appearance of a long-awaited exchange product is undoubtedly a positive factor, and the net inflow of investments into ETH-ETF over the first 18 months will amount to $15 billion. In his analysis, he relies on the experience of Canada and the EU, where in similar products the inflow ratio for Ethereum and Bitcoin is approximately 1 to 4 (i.e., 25%). In other words, if in the first quarter of work for spot Bitcoin-ETF the total inflow was $26.9 billion, for Ethereum it is expected to be at the level of $6.7 billion. In this case, in three months of work, the leading altcoin could rise to $4,400-5,000.   CEO of SkyBridge Capital Anthony Scaramucci believes that the price of Ethereum could rise even higher, reaching $10,000-12,000. Regarding bitcoin, the entrepreneur allows for its growth to $170,000-250,000. The main driver, in his opinion, will be the further institutional acceptance of cryptocurrency. Scaramucci called the approval of spot exchange ETFs an important regulatory barrier breakthrough for attracting new capital. Thanks to this, in his opinion, the share of digital gold in the portfolios of major players will soon be about 3%.   As of the evening of Friday, 28 June, BTC/USD is trading at $60,190, and ETH/USD is in the $3,390 zone. The total crypto market capitalization is $2.24 trillion ($2.34 trillion a week ago). The bitcoin Fear & Greed Index (Crypto Fear & Greed Index) has dropped from 63 to 47 points over the past 7 days, moving from the Greed zone to the Neutral zone.   In conclusion, here is another observation from Matt Hougan. The CIO of Bitwise presented three reasons why long-term investments in both bitcoin and Ethereum are more advantageous compared to investing only in bitcoin. These are: 1. portfolio diversification 2. the opportunity to earn on very different ecosystems and 3. economic benefit.   Considering the difference in the capitalization levels of bitcoin and Ethereum, Hougan believes that 75% of the capital should be invested in BTC and 25% in ETH. According to calculations, over the period from May 2020 to May 2024, the yield of such an investment portfolio is 3% per annum higher than one that only contains bitcoin. However, Hougan acknowledges that in the shorter term, a portfolio including 100% BTC outperforms a diversified one. Moreover, investing only in bitcoin carries fewer risks due to its higher market capitalization and features such as limited coin issuance and a phased reduction in the inflation rate to zero.   NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • Добрый день, уважаемые пользователи! Пожалуйста, обратите внимание! У нас произошла смена контактов Telegram, по причине - предотвращения появлений фейков, прошлое имя пользователя было слишком длинное и была высокая возможность изменить несколько символов и визуальные отличий не было бы. По этому мы создали "имя пользователя" максимально коротким и простым. Прежние контакты "имя пользователя" - @Finansovich_exchange (Больше не актуальны!) Действующие (новые) контакты "имя пользователя" - @fin_exc (Актуальны!) Пожалуйста, будьте внимательны, переходите по прямой ссылке которая указана в топике, помните-что мы не обрабатываем заявки в Telegram, все заявки обрабатываются исключительно через наш сайт!
×
×
  • Create New...