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Messages - UNIVERSE

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Cryptocurrency discussions / Re: Do you still believe in old coins?

« on: Today at 11:02:56 PM »

Quote from: DAMKAR on Today at 03:20:27 AM

If you want to achieve success with big profits, whether new coins or old coins, buy at the right time and sell at the highest time. This is very difficult, because we cannot predict when it will happen? We can only buy when it is bearish and sell it during the bullish season.

It is easy to say buying at low and sell at high price. In fact, it is very difficult to know when the right time to buy and sell. However, mostly people will assume to buy in the bearish season as the best time for buying. Then, in the bullrun season is the right time to sell the coins whether we don't know the exact time for selling (exit). Old coins or new coins have almost the same chance to earn profits. However, old coins are mostly more secure because they have proven to survive for many years.

Cryptocurrency discussions / Re: Bitcoin needs Altcoins as much as Altcoins need Bitcoin

« on: Today at 10:59:37 PM »

Quote from: DAMKAR on May 11, 2024, 02:04:57 PM

You are right, bitcoin also needs altcoins to be more popular like they are now. Because if it wasn't as popular as it is now, the price of bitcoin wouldn't be this expensive. Have we forgotten when bitcoin was first launched and at that time there were no altcoins, the price of bitcoin was very low

The existence of altcoins surely support Bitcoin. Bitcoin becomes popular because of the supports from altcoins. However, I think the price of Bitcoin isn't influenced by altcoins. Bitcoin price is growing with its own way, it is expensive because it has limited supply. But I don't deny that the popularity of Bitcoin triggers higher demands on Bitcoin. Anyway, we can't claim Bitcoin was has no value because there were no altcoins. Everything should be cheap when it is in a very early stage of development.

Bitcoin Forum / Re: Halving - Do you still believe in the previous pattern?

« on: Today at 10:46:30 PM »

Quote from: bayu7adi on May 10, 2024, 09:10:13 AM

Someone gave their views on Bitcoin price movements after the halving via their social media account. He is a trading expert from my country and also actively provides signals for paid trading.

I know where you get the source, I also quite often reading the information from Ayoung Lam. Sure, he is one of an experienced trader, he has good knowledge about crypto as well. I think you also often monitor Kapten Crypto 707, he is also an experienced and successful trader in our country.

Quote from: bayu7adi on May 10, 2024, 09:10:13 AM

We see that the BTC price graph is almost similar to the data from the BTC price graph during the previous halving. So, what makes you want to hold or add more accumulation?

It is true, the pattern of price movement in this cycle looks having the similarity with the previous halving in 2018 - 2021. But it is not really the same because Bitcoin can reach the ATH before the halving. So, we can assume the peak of Bitcoin price in the current season may be faster than the previous season. During this year (2024), I think it is better to keep holding. We can consider to sell in the early of 2025.

Bitcoin Forum / Re: Bitcoin: The Most Beautiful Currency in the World

« on: Today at 10:35:29 PM »

Quote from: legend45 on May 10, 2024, 06:17:08 PM

I also haven't found an exchange that can buy bitcoin without KYC, maybe there are friends here who have that information, you can share it here. Because we also need information that we can use, where is there an exchange that allows us to buy bitcoin without KYC, of course I think the exchange is repurable and safe.

It depends on what type of exchange you choose. If you buy Bitcoin in CEX (centralized exchange), surely you need to do KYC firstly to enable you buy Bitcoin. But if you buy Bitcoin in DEX (decentralized exchange), there is no need of doing KYC because we can buy the Bitcoin directly from our private wallets. So, it is easy if you don't want to do KYC. Just buy Bitcoin through DEX (decentralized exchange) such as Uniswap, Pancakeswap, etc.

Bitcoin Forum / Re: BTC and ETH ETFs approved by the Hong Kong Securities and Futures Commission

« on: Today at 10:17:21 PM »

Quote from: MUGNIA on Today at 03:02:03 PM

each country has its own regulations,
as we know in the US BTC to get approval takes years, they may be very careful in taking the risk of what will happen later, at least they study and hope they have minimized the risk if BTC is approved

Indeed. We can't expect all country to have the same policy, the regulation sometimes can be different in each country.
In US, it is quite difficult to get the approval of Bitcoin ETF. But in Hong Kong, it looks easier to be accepted in the ETF market. I think it is normal, the policy regarding the ETF market may be different between US and Hong Kong. However, before they accepted the proposal of ETF market, they must do the same thing that they have learned and analyzed it. They must already consider both the advantage and the disadvantage whether to accept or refuse it.

Bitcoin Forum / Re: Has the bear market started?

« on: Today at 10:01:45 PM »

Quote from: enwi on Today at 07:52:57 AM

If we look at the bitcoin price chart as a whole then there is the potential for the bitcoin price to fall below $50k, possibly triggering a bearish season that will come soon. We should be able to prepare as much USD as we can to be able to buy bitcoin when the price drops to a cheap price again.

How do you know it may drop below $50k again? If you have a certain approach on analyzing the chart, please explain or describe it!
In my humble opinion, I believe the price won't drop below $50k. I even think the price may keep increasing above $60k. Even if it will drop, it won't be below $55k. The latest huge dump, it only dropped to $56k. People know prefer to hold their assets and will consider many things if they want to buy again. Moreover, the funds may already be used to buy coins in the early of this year.

Economics , Sociology & Politics / Re: Education or Income Generating job, which will you chose first?

« on: May 11, 2024, 03:26:14 PM »

Quote from: Dr.Bitcoin_Strange on February 02, 2024, 11:30:23 PM

Between to accept a well paying job and to go to the university and take a four years program, which will you accept and why do you think it will be better choice for you?

It depends on the situation. If I have enough money, I will choose to have education on the university. But if I have limited money, I will choose getting a job. Taking an education on university without sufficient money seems a bit impossible, I think everyone won't do this in that situation. Even if education is important and has crucial role, it must be in the right situation. On the other hand, getting a job is a must for every individual. To fulfill daily necessities, every individual must have a job. Even after we take education on the university, our goal is to have a good job for our future life.

Economics , Sociology & Politics / Re: Can cryptocurrency make real money disappear

« on: May 11, 2024, 02:27:50 PM »

Quote from: Hatchy on May 08, 2024, 11:41:35 PM

Cryptocurrency are alternative payments methods, they cannot totally replace fiat system.they might come times where you have to pay with fiat and so we cannot expect cryptocurrency to take out fiat totally. Though in the future, we might see people adopting digital financial system more. Because it's far more easier and one can have control of his funds if he wish, compared to fiat Which are generally controlled by the government.

It is true. Cryptocurrency isn't intended to remove fiats or paper money. Cryptocurrency is just digital money, it is the additional currency. The function of Cryptocurrency is to complete paper money, it won't remove paper money or fiats. We can't deny that we need paper money or fiats, physical money is always needed. There are many places in the world that still can't apply the digital money for their transactions.

Digital financial system has been adopted. Nowadays, we have some options for paying goods or services. We can pay with physical money or transfer money through our digital bank account. This is also an example of digital financial system. However, with cryptocurrency, the digital financial system will be improved more.

Binance Coin (BNB) / Re: I Am Now Into BNB: Happy, Hoping, Doubting

« on: May 11, 2024, 02:08:19 PM »

Quote from: TomPluz on February 20, 2021, 03:54:03 AM

Some people are predicting that BNB has the potential to go for the $1000 goal at the right time...now though I really doubting that am hoping that it can happen.

According to CoinMarketCap, the ATH of Binance coin was $690 in 3 years ago (2021). I can understand if people predicted Binance coin can be $1000 in this bullrun season. I am also optimistic Binance coin can reach $1000 if we have altcoins season in 2024-2025. Sure, everyone expect it, not only you hope for a huge increase. If you bought BNB at $155, you are very lucky because not many people are aware to buy Binance coin at that price. Some people just consider to buy Binance coin now, it is quite late although it still has enough time to buy nowadays.

Binance Coin (BNB) / Re: BNB prices will go up

« on: May 11, 2024, 02:01:09 PM »

Quote from: IvugeoEvolutionCoin on May 03, 2024, 07:33:30 PM

The government can actually control bitcoin but that requires quite a lot of money because so far it requires a lot of money to control bitcoin. Apart from that, the government also doesn't want its citizens to suffer losses because of the very unstable and very dangerous movement of bitcoin prices.

How government control Bitcoin?
Although the government has huge money, it doesn't mean that the government can control Bitcoin. Why do you think having a lot money enables the government to control Bitcoin? Bitcoin system is decentralized, there is no way to control Bitcoin. The price of Bitcoin is depending on the demand, the government also can't determine the price. If the government wants to secure the citizens, the government can give education about Bitcoin to them.

Signature Campaigns / Re: [CFNP] Coinomize.biz | Bitcoin Mixer Since 2019 | Signature Campaign

« on: May 11, 2024, 10:27:59 AM »

Quote from: julerz12 on May 10, 2024, 09:12:26 PM

Hey guys.
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Binance Coin (BNB) / Re: Binance Coin in a Downward Correction, Fighting Resistance at $310

« on: May 10, 2024, 11:19:44 AM »

Quote from: Google+ on May 05, 2024, 08:51:10 AM

Unfortunately market conditions are not good, many coins have seen their prices fall again, from this we know that a bull run is not easy to do. There must be strong support from several media that can provide good news about Bitcoin so that many people come in and provide support for Bitcoin again.

After Bitcoin price dropped to $56k, the prices of altcoins also follow it. Binance coin price also dropped quite a lot, but it still can survive above $500. Yesterday, BNB price crossed again $600 but now it drops again to $593. I think it is normal, BNB price must have the time for a correction. If we look at the price change of BNB coin, it looks quite faster. I don't doubt that BNB price can skyrocket again if BTC price can be above $70k again.

Cryptocurrency Price Speculations / Re: Will bitcoin all time high record break in 2024

« on: May 10, 2024, 11:09:56 AM »

Quote from: pacar_tiri on May 09, 2024, 09:21:24 AM

That's right, Bitcoin still has the opportunity to become very expensive due to the influence of very high demand and very limited supply of bitcoin, so it is very possible that bitcoin can increase in price more than you expect if there is good news that can trigger whales to come in and buy more bitcoin.

Do you think the current price isn't very expensive?
What price that can be categorized as a very expensive price?
In my opinion, Bitcoin price is already quite expensive now. It even reached $73k that is for the first time for Bitcoin. Sure, as long as there is an increase on Bitcoin demand, it will raise gradually. However, it should depend on the cycle, Bitcoin price will increase according to the 4 years cycle. Now, it is the time for bullish season, that's why the price is raising quickly. After 2025, the price probably will decrease again constantly. We will begin the new season for bearish anymore.

Cryptocurrency Price Speculations / Re: Bitcoin post-halving price consolidation could last 2 months

« on: May 10, 2024, 09:30:20 AM »

Quote from: philipma1957 on May 09, 2024, 10:22:01 PM

Or we could jump up to 111k by June 1.
Don't lock into short term. move to 2025 and beyond

There is no way to reach $111k in the next month (June 1, 2024).
The current Bitcoin price is $62k, we are too far from $111k. If it can reach $70k, I can believe it. But to reach $111k, it is quite impossible. Even, I'm not really confident that the price may cross $100k at the end of this year.

Quote from: Igebotz on May 09, 2024, 10:49:50 PM

I've never been so convinced of $100k in the next cycle but after looking at this price chart I think $100k is minimum,.I think we're heading to $200k. I don't see anything stopping it.

It is just a price chart, it doesn't guarantee anything. How you are so confident that we are heading $200k in 2025? Before halving, I'm quite confident we may cross $100k soon and the ATH may be above $150k. But after the price drops below $60k, I becomes not really confident anymore. I just think that the price may cross $100k in the next year if we are lucky enough.

Cryptocurrency Price Speculations / Re: BITCOIN HALVING PRICE HISTORY FIRST TO LAST.

« on: May 10, 2024, 09:00:53 AM »

Quote from: kulkhan on April 20, 2024, 06:18:55 AM

History below :
2012= Bitcoin price $12 at halving, After one year bitcoin price were $964.
2016=Bitcoin price $663 at halving, After one year bitcoin price were $2550.
2020= Bitcoin price $8740 at halving, After one year bitcoin price were $55801.

According to the history of 3 previous halvings, Bitcoin price must increase significantly 1 year after the halving happened. This just makes us to be more confident about the potential of Bitcoin price in the future. We just need to wait for 1 year to see the price change significantly. But the problem is, there must be too many FUDs before we reach the significant increase of Bicoin price. If we are not patient and we don't have a strong trust on Bitcoin price, we may panic and sell the Bitcoin before we reach 1 year after the halving. So, it is about how to be patient!