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Topics - Bobcrypto

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I am optimistic that once the Bitcoin ETF is successfully approved by the SEC this year, 2024; there is the possibly of an ethereum ETF in near future. I think that the success of the Bitcoin ETF will determine wether there may be other ETF, for instance, ethereum, Binance, Tron, Solana, polygon ETFs. Now, Do you think other ETFs could follow Bitcoin ETF? Just your thoughts, thank you.

Bitcoin Forum / Bitcoin Halvimg, the pump may be loading now
« on: January 01, 2024, 08:09:42 AM »
The countdown to the bitcoin halvimg is fast approaching, when the reward for mining is cut in half, and basically Halvings reduces the rate at which new coins are created and thus lower the available amount of new supply. I think that this upcoming event will positively bring about price increases towards the start or after the having has occurred. On which ever ways, whether before or after the halvimg, I think 2024, may bring a new All Time High. What do think?

I just want to express some felling about the FTX exchange collapse and how it has impacted the crypto community; I have considered the story that lead to the crashed of FXT exchange as an unfortunate experience, and a situation that had brought shame and doubt among new and old users on this adaptions times for cryptocurrency. I think Mr Sam Bankman Fried should stand trail for his role on tht FTX collapse, and should be jail to serve as a lesson to others. In my opinion, the FTX collapse has brought shame and doubt to the cryptocurrency progress. Do you think it may have badly affected crypto?

Cryptocurrency discussions / Bear run may be too far from ending.
« on: August 05, 2022, 02:30:42 PM »
watching the market closely, it appear to me that the bear run is still far from being over, at least, getting to learn that Bitcoin has not bottom poses some form of worry to some of us.
Currently, there  are certain debate on the social media platforms by some analysts that predicted that BTC has not hit bottom yet even at $17,500; while many predicted that we are yet on it others thinks otherwise. Generally speaking, I think this situation has affected many investors from investing. Do you think bear run will take more longer time?

It has become a big heated Debates on some social media platform (eg Twitter) about the Bitcoin BOTTOM. As a trader, it give me a great concerned because I do not want loose money, and many investors are also skeptical about the actual Bitcoin bottom price levels.As a matter of entering a position, some of these investors are willing to enter the market at BTC bottom. I have read where certain analyst predicted BTC bottom at $17500 while others think BTC will hit bottom at $15500 to $16200. If you have any ideas about the actual BTC Bottom price levels, give your ideal.

Terra LUNA Forum / Luna can make a good come back.
« on: May 14, 2022, 05:15:44 PM »
In crypto anything can happen, and just as the Luna/UST had surfered a big crash 3 days ago, I am of the opinion that Luna/UST will bounce back in near future. Though it is very difficult to repair a damage ecosystem but with consistency and good team on the ground, I think all hope is not lost in Luna/UST coming to it position. what do you think?

A crypto whale is a term that refers to individuals or entities that hold large amounts of crypto coins/tokens. Whales hold enough crypto that they have the potential to manipulate currency valuations.
I have Ben curious concerning the position of crypto whales since 2020, and because of the market trends in recent times (from December 2021 to may 2022), prices has not cease to fluctuate at certain renge. It becomes very clear to me that from the market price trends, there are huge activities of big whales pushing the price of Bitcoin up or down at certain price level to take a position; a situation that has been making the market very unstable.
Now, I have come the conclusion based on the unstable price conditions on different periods, to say that whales are traders and not investors. what are your thoughts or opinions.

I am wondering why a stable coin experience a big dump like what is currently happening to UST stable token on the Luna network. as at the time of writing this post, UST/busd pair is Trading at $0.357 to Busd. What a superised at this development, but it could need the forum members to explain what is happening to the UST stable coin.

Cryptocurrency discussions / I have experienced Wrong Bear Signals!
« on: May 01, 2022, 05:34:36 PM »
It is very certain that there exist too many crypto signal groups that can not state clearly when the market goes bearish this days. Some has said that the market entered bear run once Bitcoin price go below $40k, and others said that the market bearish once the price go below $38k. There are some analysis that even emphasised that Bitcoin has gone dip/corrections. What situation do you think the market is currently experiencing? Just your opinion.

Guys, it is actually getting surprising each day as many of us  read on various news and social media platforms that those who, in many instances criticize or condem Bitcoin are now coming back?
It wasn’t so long ago that Wall Street was dismissing crypto as a passing fad. Jamie Dimon, the CEO of the largest bank in the US called Bitcoin a fraud, Warren Buffett called it rat poison and many others used even worse terms. But now, they are all clamoring for a piece of the Bitcoin pie even as they lose some of their best talents to crypto and blockchain startups.
Many have taken back their words and are trying to sound pro-Bitcoin. Jamie Dimon didn’t take long before he admitted that he was wrong to call Bitcoin a fraud. His bank JPMorgan now constantly calls Bitcoin the best hedge against inflation and has been making very ambitious predictions for the future price of the top crypto. Do you think all haters will come onboard the crypto space?

I have been wondering why there seem to be too many negative news/speculations analysis, predictions about the crypto market, and I also come the idea that many of these negative news/speculation, analysis, predictions could be a market strategy.
For example, some people will go to social media and news platforms to claims that Bitcoin will crash to $30, then to 20k before moving to $50k level. I think it has become a strategy to take a buy position when many people sell off their coins out of fear. This sound like a joke, but what are thoughts? 

In conventional contract systems, you sign an agreement, then you trust and hire a third party for its execution. The problem is that in this type of process, data tampering is possible. With smart contracts, the agreement is coded in a program. A centralized authority does not verify the result; it is confirmed by the participants on the Ethereum blockchain-based network. Once a contract is executed, the transaction is registered and cannot be altered or tampered, so it removes the risk of any data manipulation or alteration. what do you think?

Bitcoin Forum / Bitcoin can be superior to banks?
« on: April 11, 2022, 02:59:12 PM »
It may come to reality that Bitcoin in many people points of views, that "Bitcoin will do to banks what email did to the post industry".
In personal opinion, I that this statement can be very possible in near future, What do you think?

There are many doomsday predictions or fortune telling that has been going round social media platforms on Bitcoin price movements, unfortunately, and in my opinion, I think they are speaking for lack of knowledge about Bitcoin or may be they are just skeptic or biased. I am wondering why some persons would just assumed that Bitcoin will crumble to $10k or $0 by the end of this year. I have just consider these as hate speaech and shouldn't be taken seriously. What do think guys?

Bitcoin Forum / Btc 100% in control of the market may not end
« on: February 09, 2022, 09:23:34 PM »
I has observed that since the market pick up from the downtrend, now for about two weeks, Bitcoin has proven to be the controller of the crypto price movement, unfortunately  there Ether and entire altcoins may not break out of this dominance as long as crypto exist. What are thoughts?

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