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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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My Altcointalks username —° Raqeebzy

 

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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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The chart shows a distinct surge on Thursday, 9 May, triggered by data indicating a cooling US labour market. The pound was also supported by optimistic GDP data for the UK for Q1 2024 and manufacturing sector data for March. GDP (quarter-on-quarter) rose by +0.6% after a decline of -0.3% in the previous quarter (forecast +0.4%). Additionally, the GDP grew by +0.2% year-on-year, recovering from a fall of -0.2%.   As with the euro, the pound is under pressure from the prospect of earlier monetary policy easing by the BoE compared to the Fed. However, the British currency ended the past week above the key 1.2500 level, at 1.2523. Moreover, 65% of analysts expect the pair not only to hold above this horizon but also to continue its growth. The remaining 35% voted for the pair's movement south. As for technical analysis, trend indicators on D1 are split 50-50. Among oscillators, only 10% recommend selling, 40% took a neutral position, and 50% recommend buying (10% of them signal overbought conditions). If the pair rises, it will encounter resistance at levels 1.2575-1.2610, 1.2695-1.2710, 1.2755-1.2775, 1.2800-1.2820, and 1.2885-1.2900. In case of a fall, it will face support levels and zones at 1.2490-1.2500, 1.2450, 1.2400-1.2410, 1.2300-1.2330, 1.2185-1.2210, and 1.2070-1.2110, 1.2035. The upcoming week's calendar highlights Tuesday, 14 May, when data from the UK labour market will be released. Also of interest is the Inflation Report hearing scheduled for Wednesday, 15 May.   USD/JPY: $50 Billion Interventions Wasted?   It seems that until the Bank of Japan (BoJ) takes confident and clear steps to tighten its monetary policy, nothing will help the yen. At its meeting on 26 April, the board members of this regulator unanimously decided to leave the key rate and QE program parameters unchanged. Expectedly tough comments on the outlook were also absent. This inaction increased pressure on the national currency, sending the USD/JPY pair to new heights. It continued its cosmic saga, reaching a new 34-year high of 160.22. Following this, Japan's financial authorities finally decided on a double currency intervention. Although there was no official confirmation, experts estimate its total volume at $50 billion.   Did it help? Judging by the USD/JPY chart, not really. The pair headed north again last week. Unlike the euro and the British pound, the yen barely reacted even to weak US labour market data on Thursday, 9 May, only slowing its decline.                    All this occurs amid endless statements from the Japanese Central Bank and Ministry of Finance about their readiness to take necessary measures to reduce speculative pressure on the national currency. The published minutes of the BoJ meeting show that most board members took a "hawkish" stance, calling for a rate hike.   However, many analysts believe that the Bank of Japan will take only one such step in the second half of the year. The last chord of the past five days sounded at 155.75. Economists at Singapore’s United Overseas Bank Limited (UOB) expect the USD/JPY pair to trade in the 154.00-157.20 range in the next 1-3 weeks. UOB also believes that the chances of it falling to 151.55 have significantly diminished. Overall, most experts (70%) simply shrug their shoulders in uncertainty. The remaining 30% persistently expect the yen to strengthen. As for technical analysis, 100% of trend indicators on D1 look north. Among oscillators, 50% are such, 15% point south, and 35% point east. Regarding support/resistance levels, traders should note that with such volatility, the slippage can reach many tens of points. The nearest support level is around 155.25, followed by 154.70, 153.90, 153.10, 151.85-152.25, 151.00, 150.00, after which come 146.50-146.90, 143.30-143.75, and 140.25-141.00. Resistance levels are 156.25, 157.00, 157.80-158.00, 158.60, 159.40, and 160.00-160.25.   Events of the upcoming week include the release on Thursday, 16 May, of preliminary GDP data for Japan for Q1 2024. No other significant publications regarding the Japanese economy are expected in the coming week.   CRYPTOCURRENCIES: A Week of Reflection and Uncertainty     What will happen to bitcoin in the foreseeable future? It seems there is no clear answer to this question. Experts and influencers often point in opposite directions: some shoot for the stars, while others keep their eyes on the ground.   For instance, according to the founder of Pomp Investments, Anthony Pompliano, bitcoin is "stronger than ever." He concluded this based on the 200-day moving average (200 DMA) reaching its ATH (All-Time High) of $57,000. Michael Saylor, CEO of MicroStrategy, is also optimistic. In his latest message, he urged investors to "run with the bulls." (It should be noted here that MicroStrategy holds 205,000 BTC on its balance sheet, so Saylor's bullish calls are quite understandable. He simply has to do this for his company to profit rather than incur losses).   However, analysts note that bitcoin's fate depends not only on the rosy calls of the MicroStrategy CEO. And if buyer support weakens, BTC could break through the key support level of $61,000, falling to the $56,000 zone, where significant liquidity is concentrated. MN Trading founder Michael Van De Poppe does not rule out another correction to around $55,000. However, the specialist quickly reassures investors, stating that this is quite acceptable as long as bitcoin holds above $60,000. Anthony Pompliano believes that the price will not fall below $50,000, and another expert, Alan Santana, does not rule out a drop to $30,000.   Trader and analyst Rekt Capital believes that the first cryptocurrency has exited the post-halving "danger zone" and entered the initial phase of re-accumulation. According to this expert, in 2016, BTC demonstrated a long red candle after the halving, falling by 17%. This time, the pattern repeated, with the difference between the post-halving maximum and minimum being 16%. The price reached a local bottom at around $56,566 but then rose to $65,508, on which Rekt Capital concluded that it re-entered the "re-accumulation range." However, there is one "but" - after this, we again observed a drop to $60,175. Overall, it seems that BTC/USD is in a descending channel, which increases investor concern.   In general, the forecasts are quite diverse. Information on the activity of various categories of traders and investors also varies. Analyst and CMCC Crest co-founder Willy Woo noted the activity of so-called crypto dolphins and sharks. "There has never been such a rapid purchase of coins by wealthy holders as in the last two months when the price fluctuated between $60,000-70,000. We are talking about those who hold from 100 BTC to 1000 BTC or approximately $6.5-65 million," he explained. On the other hand, according to CryptoQuant analysts, whales holding from 1000 to 10000 BTC, unlike dolphins and sharks, have behaved quite passively. Michael Van De Poppe, for his part, notes the absence of retail investors.   All this suggests that we may not see new all-time highs for BTC in the coming months. We wrote about this in the previous review, citing, among other things, the opinion of such a Wall Street legend as Factor LLC head Peter Brandt. With a 25% probability, he assumed that bitcoin had already formed another ATH within the current cycle. As for long-term forecasts, nothing has changed here - most of them predict a powerful bull rally for bitcoin. Anthony Pompliano writes about this. Willy Woo expects bitcoin to continue increasing its penetration into various spheres of everyday life, meaning the number of users will grow. "By 2035, we expect bitcoin's fair value to reach $1 million. This forecast is based on the user growth curve. And I'm talking about fair value, not a peak during a bull market frenzy," the analyst notes.   The author of the bestseller "Rich Dad Poor Dad," entrepreneur Robert Kiyosaki, once again included bitcoin in the TOP-3 ways to save and increase capital. "Bad news: the [currency market] crash has already begun. It will be severe. Good news: a crash is the best time to get rich," he wrote, offering several recommendations on how to act in a crisis. Let's note two of them. The first reads: "Find an additional source of income. Artificial Intelligence will destroy millions of jobs. Start a small business and become an entrepreneur, not an employee afraid of losing a job." "Don't hoard fake money (US dollar, euro, yen, peso) that is losing value. Hoard gold, silver, and bitcoin - real money whose value increases, especially in a market crash," is Kiyosaki's second recommendation.   Regarding bitcoin's growth, Kiyosaki is absolutely right; it's even pointless to argue. According to a study by Colin Wu, better known as WuBlockchain, over the past decade, the price of the leading cryptocurrency has grown by an astonishing 12,464%, outpacing giants like Amazon, Apple, Google, Meta, Tesla, and Netflix. BTC was second only to Nvidia (+17,797%). But the fact that bitcoin took second place, being a representative of a relatively new and volatile market, is a real achievement. BTC's impressive growth trajectory over the past decade demonstrates its resilience and potential as an essential component in investors' portfolios.   At the time of writing this review, on the evening of Friday, 10 May, the BTC/USD pair is trading at $60,470. The total market capitalization of the crypto market is $2.24 trillion ($2.33 trillion a week ago). The Crypto Fear & Greed Index has risen from the Neutral zone (48 points a week ago) to the Greed zone, now standing at 66 points. 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/ 
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