CRYPTOCURRENCIES HAS THE ABILITY TO COME BACK FROM THE WORLD OF DEATH - Page 5 - Crypto World - CryptoTalk.Org Jump to content
bobjoemega

CRYPTOCURRENCIES HAS THE ABILITY TO COME BACK FROM THE WORLD OF DEATH

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Cryptocurrencies are in their growth stage, and despite their strong falls in the past, the year 2020 was a boost for almost all the most used cryptocurrencies, so perhaps this was thanks to the popularity they have obtained and that every day It is increasing, and this perhaps due to the pandemic who gave more points in favor to cryptocurrencies and not to fiat money.

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In reality, they were figures that were not reached at that time, more events that occurred in the course of 2020 were leading the cryptocurrency market to the rise. For the moment, the price of Bitcoin has tripled and the altcoins have been following it, despite the corrections that the market is now going through, the upward race is expected to continue happening, due to the appearance of new factors that now support this process .


Always act with conscience and a sense of camaraderie and every time you make a post, stop for a moment and review in detail the posts of other members around you, so that you can give your respective reaction. :classic_wink:

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It is good that they have really recovered, I never saw cryptocurrencies fall and that a story was made about this, today we can see the great progress they have had and that every day they are more popular where they are every day very important for everyone and that they are already adopted in many countries that previously prohibited them.

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This is very good to always highlight because some people think that this was simply born and established as it is, how is this trade today and they do not have ideas of the battles that always had to be done so that these projects would always be made known and be what you are today.

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Yes I am agree with you hundred presently.  It's a very good opinion for us and all new users. I don't trust it then it's can possible because:

1)Its have many importance in all world. 

2)Its have many importance in the all world. 

3)Ut can never finished it. 

4) According to my experience this app also have many importance of bitcoin. 

5) The trading is done on this site mostly done by bitcoin. 

6) Mostly people are trading on bitcoin here. 

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Anything is possible in any risky market, there is a sudden surprise for investors in the stock market, they will grow faster if they choose to sell, just wait and do not despair that the bitcoin market comes with a sword. The sword works. Learn how to use it. must be

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It is very possible for crypto currencies to come back from the dead as I have seen some that have revived back their value and this was possible by things such as the coin base effect which reintroduces these coins to people in the market to start trading them.

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It is because cryptos bring technology when these events happen, I believe that we should not underestimate cryptos at any time because they have a very high power of technology in computing that attracts many investors who have a lot of money and have the power of money to increase its value enormously.

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Cryptocurrencies are getting strong enough and I don't think they will die suddenly, but rather they are in constant progress It is especially fast and has a lot of features 

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yes you said absolutely right I am agree with you because the Bitcoin is have the ability to come back when the world is going in the crisis time and the example is in this crucial time the price of the Bitcoin is going high and the word is in the the covid-19 situation

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Crypto currencies will never die and it go high one day becasue when the Bitcoin touch the low at 2800$ that time so many people will think that the Bitcoin go down more and it is going to be dead soon but this is not possible and it go high so much at this time and touch the high of 40,000$.


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Yes, my friend, I agree with you, it is possible for any currency to rise from the same price to an unexpected huge price, just like Bitcoin when it originated, the value of one bitcoin was a cent of the dollar, now the value of one bitcoin is 38 thousand dollars and it has reached a much higher price, which is the first price of Bitcoin which is 42000 Thank you

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I have not seen any of the currency which is as much dead as you said and it did good in the few years of the death and it make the rise in the rate and in the demand.

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I agree with you, in the previous years there are se coins that their values falls in the market but later the coins have more investors which make it to be demanded again in the market and survive and comeback full to the market. 

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Yes you are right mate Crypto currencies have the ability to come back from dealth because aa we can observe that bitcoin and other Crypto currencies are increasing and the market situations is growing and developing because of the increase in population in the exchange market in crypto currency

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There is a lot of speculation for bitcoin in the crypto market. Some say that it will exceed $ 100,000 by the end of 2021, while others say that the whales in the market will suddenly crash with the sale of their heavy bitcoins. Of course, time will tell what will happen, but currently bitcoin is the most valuable currency in the world and no one can deny it.

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Basically there is contemplation about this as we are less discern about the origin and and inception of the platform so shall we be in it's future and similar issue.

The point here is; we cannot actually decide that since we are not prophets who can prophecise.

 

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Cryptocurrency is built to provide the people living in this world with complete financial freedoms. It has the immense capacity to make this world transform. Yes, it returns once again by overcoming any barrier on its path.

Edited by teebasas

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On 10/14/2019 at 4:57 AM, bobjoemega said:

     When everyone thought that digital currencies were dying and their days were numbered, trading platforms witnessed a remarkable recovery, especially at the level of Bitcoin currency. Analysts do not rule out the continuation of the rise towards $ 20 thousand this year based on the performance of this currency in the past few months, it ended 2018 with a closing price at $ 3600, i.e. the rise rate since the beginning of the year reached 75%. 2018 was a bad year for cryptocurrencies, especially Bitcoin, after it fell from about $ 22,000 in late 2017 to just $ 3,200 in December 2018.
 Performance continues to be relatively good this month. Given the betting options market, according to bettors, there is one in five chances that the currency will rise to $ 20,000 by the end of the year,

    It is noteworthy that the general trend in the cryptocurrency markets is to rise. Traders in these currencies rely on technical analysis of performance periodically, because the basic analysis does not exist, given that the currency is just a fake and not available in the real economy. According to the analysis of performance curves and elevators, 39 per cent of traders see a positive sign of a further 50 to 200-day uptrend against 24 per cent, but we should not forget that this optimistic reading is a trap that can be applied to enthusiasts. To increase buying, buyers could lose if prices correct, and 21 per cent do not see any meaningful graphics based on performance on the ground, according to numerous surveys conducted.

 

 

It has been nearly a year and a half. Since then, the cryptocurrency market has recovered very well. Those who invested in those days earned a lot.

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Now this year, the price of Bitcoin reached the 49000 threshold, and this was something shocking that no one expected, but according to the analyzes of many, the currency will rise more and more this year and has several goals such as the 50k goal and the 60k goal

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The speculation is now the driving force for Bitcoin. I slowly understand what is going on and I found out that it is a game of patience. Precisely, it is a game of buying at certain levels using steps, with a strong plan, and reducing your investment again in steps as price is reaching the predicted targets set. Hodl is also a good strategy but has higher risk and lower profitability. Bitcoin works in cycles and buying when prices are very lower from the ATH is the key of success. However, it is difficult to buy something when it is very low priced from its ATH, because everyone considers it worthless and that it will go lower.

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You are right but in some country cryptocurrency is not allowed. I think they do not trust on the cryptocurrency. Its currency rate increase and decrease. Sometimes it jump up high.

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I think that cryptocurrencies are in a state of growth and cannot die, but their movement up or down, some think that they are dead and therefore they are away from them, but in fact they are growing with good and medium movements so I call everyone to work hard and with great activity to produce what they can from Bitcoin and store it for the future

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The world of cryptocurrencies is full of wonders and changes.  The price can change suddenly several times a day.  When cryptocurrencies start to appreciate, no one will be able to stop them.  You can get very rich by trading cryptocurrencies, but you need a lot of knowledge and experience.

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Regarding the forecast for the near term, as of the evening of 10 May, it is maximally neutral: 50% expect dollar strengthening, and 50% expect its weakening. Trend indicators on D1 are equally divided: half are on the side of the reds, and half are on the side of the greens. Among oscillators, only 10% voted for the reds, another 10% remained neutral, and 80% voted for the greens (although a quarter of them are already signalling overbought conditions). The nearest support for the pair is located in the 1.0710-1.0725 zone, followed by 1.0650, 1.0600-1.0620, 1.0560, 1.0495-1.0515, 1.0450, 1.0375, 1.0255, 1.0130, and 1.0000. Resistance zones are in the regions of 1.0795-1.0810, 1.0865, 1.0895-1.0925, 1.0965-1.0980, 1.1015, 1.1050, and 1.1100-1.1140.   In the coming week, on Tuesday, 14 May, consumer inflation data (CPI) in Germany and the Producer Price Index (PPI) in the US will be released. Also scheduled for this day is a speech by Fed Chair Jerome Powell. The next day, Wednesday, 15 May, important indicators such as Consumer Price Index (CPI) and retail sales volumes in the United States will be published. On Thursday, 16 May, the traditional number of initial jobless claims in the US will be announced. And at the very end of the working week, on Friday, 17 May, we will learn the Eurozone CPI as a whole, which may influence the ECB's decision regarding the euro interest rate.   GBP/USD: Pound Remains Under Pressure but Holds On   At its meeting on Thursday, 9 May, the Bank of England’s (BoE) Monetary Policy Committee maintained the interest rate at 5.25%, the highest in 16 years. Economists polled by Reuters mostly expected borrowing costs to remain unchanged, with a committee vote ratio of 8 to 1. However, the vote was 7 to 2. During discussions, two committee members supported a rate cut to 5.0%, which market participants interpreted as a step towards the beginning of a policy easing cycle.   At the post-meeting press conference, BoE Governor Andrew Bailey expressed optimism, stating that the UK economy is moving in the right direction. Bailey also noted that “a rate cut next month is quite possible,” but he intends to wait for data on inflation, activity, and the labour market before making a decision. Chief Economist Huw Pill, although he joined the majority in voting to keep the rate unchanged, also expressed growing confidence that the time for a reduction is approaching. He added that “focusing only on the next Bank of England meeting [20 June] is somewhat unreasonable” and that “medium-term inflation forecasts do not necessarily signal rate movements at the next or subsequent meetings.”   Overall, the movement of the GBP/USD pair last week resembled that of the EUR/USD pair. 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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