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bobjoemega

SOMME IDEAS ABOUT CRYPTO

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On 2/1/2020 at 5:21 AM, Ionescu said:

There are a lot of factors that determine this big changes in price. But one of the biggest factor is the manipulation of the market by whales. They spread FUD on the internet in order to dump the price 

Well, this is true mate and we cannot stopped this whales because this is a large company and they have some money to get how many bitcoins they want to buy, and there's a tendency that the price of it may dumped.

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On 10/13/2019 at 4:05 PM, bobjoemega said:

              After the decline in the price of Bitcoin in the last two years, after it approached the price of 3,000 thousand dollars during the first month of last year, what is the reason behind these big changes? What factors determine the rise and fall of this currency and most cryptocurrencies. Which has made many investors and speculators in the cryptocurrency market lately have a lot of mixed and sometimes conflicting feelings about the digital investment environment.

               Between optimism and pessimism, fear and assurance, reservation and adventure, whether based on accurate information and analysis or not, the positions of dealers in these markets varied. This was evident when the price of the main currency in the cryptocurrency market - Bitcoin - rose to record highs, followed by a sharp decline that sometimes amounted to collapse.
In the next report I will review the most important of these factors as well as the changes that can lead the market upside down.
     1. Political risks affecting national currencies can also have an impact on Bitcoin prices, because some use them as a precaution against currency fluctuations, or because they need to transfer large amounts of money from one country to another or from one currency to another. .
The suspicion of the influence of digital signs on the conduct of the US and French elections reinforced this hypothesis.
   2. The regulation comes in second as regulators around the world must cope with the significant increase in bitcoin prices as well as all cryptocurrencies. In other words, how the tax system deals with that increase, or determines which regulations should be applied in this case. There were two global events that highlighted the impact of regulation on prices.

Bitcoin trying very hard to cross the $10k price. When it reach almost 10k price we see always a massive dump. And in the middle of 2019 we saw the bottom price of bitcoin which is almost $3000 usd.


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On 10/13/2019 at 12:05 PM, bobjoemega said:


     1. Political risks affecting national currencies can also have an impact on Bitcoin prices, because some use them as a precaution against currency fluctuations, or because they need to transfer large amounts of money from one country to another or from one currency to another. .

Yes bitcoin can affect the national currency if given full regulations in a country in such a way that it can cause the Fiat funds to be less used as many will opt for crypto like in means of transacting large amounts of cash from one country to another because of the speed and low fees as compared to banks and that's the reason why some countries keep on putting restrictions against the use of bitcoin and this is the impact that also does affect the price of bitcoins sometimes but theris hope for it to have a long stay with us.

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The market is affected by many factors, such as demand, investors, and whales and hamsters! In General, in the fall and winter, the cryptocurrency always fell in price, and then rose, so I do not see any panic, and I think it is better to use it wisely!

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On 5/17/2020 at 10:41 AM, Rezort said:

Right now after all these huge falls of the bitcoin we must remember that after every fall the market experience a growth and we simply need to buy bitcoin when it is on its lowest price mark.

and that's what happened, bitcoin proved again how strong it is and regained it's value back up to $9700-$9800


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Thanks for the idea but bitcoin is not what the country wants to accept because it will replace all the fiat currency and gain their own power in the financial system in the country.

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The most significant thing in crypto is having tolerance. So a great deal of difficult work. Try not to hustle while contributing and avoid outsiders and don't get in to their offers.

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Fear in such situations is dominant, but let us agree that the disappearance of this yearning is impossible, and this means losses of billions of dollars that are equivalent to the budgets of entire countries. Consequently, when such a decline, we see many people afraid to buy for fear of the market collapse and its demise, and this fear is not justified We see people rushing to buy cheaply, and they know that these are excellent opportunities to increase their money.

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I think more than you mentioned in this topic, BTC holders need to be very aware. The market isn't like 2017, more changes, more factors affects the market. In general, the market is more easily controlled and determined now than the previous years.

  • Whales manipulations
  • Exchange hacks
  • Money Laundery
  • Governmental regulations

These and a couple more is what we should always look out for.

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I think cryptocurrencies will face to some problems regarding legalisation and people's acception. But community must to struggle. Nowadays financial system has a lot of disadvantages and crypto can help to fix it. Hope we will do it together


 

 

 

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The price of Bitcoin fluctuates throughout the world, perhaps it is the most volatile asset in the markets, this year we have seen the price of Bitcoin at $ 4000 and at $ 12,400 so far, and we may see $ 20,000 before the end of the year, I do not see this fluctuation in the interest of Bitcoin because large investors prefer Gold is due to its low volatility and because it is immune to inflation.

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Regulations are important but they should be not making damage to crypto. We need to have many cryptocurrencies for competition and we need regulations that allow them to work and be accepted. Bitcoin is a great investment and coins like Ripple, Tron and Litecoin can be used for all other payments.

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Bitcoin is connected to news regarding the economy and regulations. These are the important we know and should fear. To me the economy is moving in wrong direction and printing money will not help us at all. We have to pay for this mistake and the poor pay the most as always.

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Hello, The world of cryptocurrency is very big and has many varieties of currencies and of different values both low and high, many of them are used to work it and to be able to make a profit. But first you have to study its behavior and see if it is accepted to double your earnings.

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Bitcoin today on a public and global level is not bound by any specific government regulations, and some governments have surrendered to this technological revolution and recognized it, and this will make it an official and legitimate asset and will lead to an increase in its price. Bitcoin price can also be manipulated by negative and positive news announcements.

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I think I love how comprehensive your post is , but the truth is we need to work as hard and put together the perfect solution to what you are doing the right idea being you can be able to value everything in its process working hard for every kind of solution there is to be given out there there is alot to be done in the full specificity and in the end we need to understand what crypto has to offer and in the end that should be the key to what we do and what we are getting, we need to look at the value of crypto

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You have given very good ideas about some situations that can influence Bitcoin price. But look at the big picture. All of these can make short term damage and right now not enough anyway. Bitcoin will survive anything even a nuclear war and it will be running for hundreds of years.

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On 10/13/2019 at 1:05 PM, bobjoemega said:

Political risks affecting national currencies can also have an impact on Bitcoin prices, because some use them as a precaution against currency fluctuations, or because they need to transfer large amounts of money from one country to another or from one currency to another. .

I don't think that a political risk will affect negative cryptocurrencies. On the contrary as we have seen in Belarus and Nigeria in some cases of protests it was Bitcoin that was used for donations from outside the country as countries limited accounts deposits of some people and in Belarus they stopped accepting deposits outside the country. This is big because it shows that Bitcoin has no respect to borders. It is not bound by any actions of a government.

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Bitcoin in the exchange is very old bout to 10 years old this compaign was started nad gave the chances to the people to earn by invest in the market. Day by day it's importance and demand is incredibly increasing. But now it's price is quite low and price will soon dumped again. And many other are using other currencies for earning.

Bitcoin in the exchange is very old bout to 10 years old this compaign was started nad gave the chances to the people to earn by invest in the market. Day by day it's importance and demand is incredibly increasing. But now it's price is quite low and price will soon dumped again. And many other are using other currencies for earning.

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In addition, the central bank does not want its authority as the controller of the monetary system to be insulted

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Well said and very well written, this post is amazing. I didn't understand what it means on the part of the US and French elections but the rest is totally understood and very important to remember.

I tried to talk about what is happening with my comments and if you still didn't bought then it is still early. It will be early until 2025 and perhaps even later.

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These are the great ideas and well and better for the cryptocurrencies world. And we all should take these steps these will help us in future.

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I feel this is just another trading cycle that comes with the price fluctuations in Bitcoins. 3 years back Bitcoins reached its all time high of $20,000 in the month of December. just like then now also it reached $20,000 in the month of December. this is just the repeated cycle that would go on and on depending on the demand and supply of the traders as well.

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Through my my experience in the field of trading and digital currencies, I noticed that Bitcoin always decreases at the beginning of the year because the big whales sell at the end of the year after the Bitcoin reaches its highest price at the end of each year, so the price decreases in the first half of each year and then begins to rise gradually in the second half of Yen to reach its peak at the end of the year

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Bitcoin is the consensus network that enables a new payment system and completely digital money.  It is the first decentralized peer to peer payment network that is powered by its users with no central authority or middlemen. From a users perspective, Bitcoin is pretty much like cash for the internet. 

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