Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Bobcrypto on May 21, 2019, 09:30:40 AM
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The fact that bitcoin has proven many "doubting thomus" wrong is evidence that crypto has actually come to stay.
Now, there has been news about ETF and several others that would have weaking trading activities, but it obvious that a bitcoin ETF would be nice but the crypto revolution is much bigger than one single product. Sure, it would incentivize big investors whose capital remains sidelined to jump in, and the SEC knows this. It means that the average John will probably gain exposure to bitcoin in their retirement fund. So they are being probably overly cautious. In the meantime, bitcoin has proven its resilience in 2019. It has been trading on positive developments and taking setbacks such as the ETF delay in stride, as evidenced by a market cap that remains close to Sunday’s $142 billion.
What are your thoughts?
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I'm starting to get suspicious that the price isn't dropping from any of the bad news; Binance hack, Tether fud and now ETF delay. This does show that the market is still very bullish if it's unaffected by bad news, but I'm wondering what this means long-term if a pullback/correction is still required, in my opinion.
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The fact that bitcoin has proven many "doubting thomus" wrong is evidence that crypto has actually come to stay.
Now, there has been news about ETF and several others that would have weaking trading activities, but it obvious that a bitcoin ETF would be nice but the crypto revolution is much bigger than one single product. Sure, it would incentivize big investors whose capital remains sidelined to jump in, and the SEC knows this. It means that the average John will probably gain exposure to bitcoin in their retirement fund. So they are being probably overly cautious. In the meantime, bitcoin has proven its resilience in 2019. It has been trading on positive developments and taking setbacks such as the ETF delay in stride, as evidenced by a market cap that remains close to Sunday’s $142 billion.
What are your thoughts?
Yes, it's too big that Facebook is now planning to cash in on cryptocurrency, by creating their own coin, it's too huge that it's always made headlines every time there's a piece of bad or good news about Bitcoin, too huge because of that the market cap is now in billions.
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"It means that the average John will probably have an exposure gain in their retirement fund", what do you mean?
I think if we retire and lose our energy to work with Bitcoin it's easier to get money by trading at home. CMIIW
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Bitcoin still in it train to get bullish but im doubt what will happen when Facebook releasing their coin. Facebook coin might surpass bitcoin in the top of coinmarketcap. if that happen what next?
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Bitcoin still in it train to get bullish but im doubt what will happen when Facebook releasing their coin. Facebook coin might surpass bitcoin in the top of coinmarketcap. if that happen what next?
Facebook coin, when lunched, will have to pass the same process other projects had gone through even if it has a big community., remember, not all it community members may participate in Facebook coin project. It will be very difficult to beat the number one position at CMC, even as Bitcoin has made itself king as you might had observed.
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Indeed, from the beginning I personally realized that Bitcoin is a very valuable digital asset. So it is unfortunate to be avoided or ignored. Bitcoin is a trend in the crypto world that always gives surprises, especially after the passage of the ETF. In this case, BTC is very valuable and promising, so why should you ignore it?
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The fact that bitcoin has proven many "doubting thomus" wrong is evidence that crypto has actually come to stay.
Now, there has been news about ETF and several others that would have weaking trading activities, but it obvious that a bitcoin ETF would be nice but the crypto revolution is much bigger than one single product. Sure, it would incentivize big investors whose capital remains sidelined to jump in, and the SEC knows this. It means that the average John will probably gain exposure to bitcoin in their retirement fund. So they are being probably overly cautious. In the meantime, bitcoin has proven its resilience in 2019. It has been trading on positive developments and taking setbacks such as the ETF delay in stride, as evidenced by a market cap that remains close to Sunday’s $142 billion.
What are your thoughts?
Yes, it's too big that Facebook is now planning to cash in on cryptocurrency, by creating their own coin, it's too huge that it's always made headlines every time there's a piece of bad or good news about Bitcoin, too huge because of that the market cap is now in billions.
I think that BTC is great enough to start to affect the national currencies and even the economy of different countries. It is a powerful currency. Governments afraid Bitcoin and even Ethereum.
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I'm starting to get suspicious that the price isn't dropping from any of the bad news; Binance hack, Tether fud and now ETF delay. This does show that the market is still very bullish if it's unaffected by bad news, but I'm wondering what this means long-term if a pullback/correction is still required, in my opinion.
If we are in the way to go the bullrun, I think it will be long term. At least, it will continue until it reaches the bull time. But, no one can guarantee that the market will be always in good shape or not. Since crypto prices always fluctuate, I think there will be a time to drop sometimes. However, it should be a good sign if the bad news doesn't bring negative effects to the prices.
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Bitcoin has always been and will be the fastest way to create a profit, because when the cryptocurrency market grows, bitcoin grows the most and faster than everyone else and the big players understand it and earn on it.
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Bitcoin has always been and will be the fastest way to create a profit, because when the cryptocurrency market grows, bitcoin grows the most and faster than everyone else and the big players understand it and earn on it.
In theory, what you said is true. But sometimes it doesn't always happen like what we expect. Altcoins sometimes can be better to keep than Bitcoin. Altcoins can increase significantly more than what Bitcoin can do. It is the fact, bro.
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Why we want to ignore Bitcoin. It should take you to regret it when you avoid having Bitcoin assets. There are many people that have already proven the advantages of having Bitcoins. Since it is still the king of crypto coins, just collects it more.
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Bitcoin still in it train to get bullish but im doubt what will happen when Facebook releasing their coin. Facebook coin might surpass bitcoin in the top of coinmarketcap. if that happen what next?
I don't think that will happen, even though Facebook has been known by many people but in Facebook crypto will become a newcomer and it will take time to adjust before rising.
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Bitcoin still in it train to get bullish but im doubt what will happen when Facebook releasing their coin. Facebook coin might surpass bitcoin in the top of coinmarketcap. if that happen what next?
I don't think it will be that easy for newcomers to immediately defeat the king. Likewise with Facebook, even though Facebook has become one of the big names on social media but in crypto, he is only a newcomer.
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Bitcoin still in it train to get bullish but im doubt what will happen when Facebook releasing their coin. Facebook coin might surpass bitcoin in the top of coinmarketcap. if that happen what next?
Facebook coin, when lunched, will have to pass the same process other projects had gone through even if it has a big community., remember, not all it community members may participate in Facebook coin project. It will be very difficult to beat the number one position at CMC, even as Bitcoin has made itself king as you might had observed.
I agree with you Bobcrypto, Bitcoin is very strong and Facebook coins will not exceed the price of Bitcoin in the future, altcoin needs support from the price of Bitcoin to go up, this is not what you think, the giant social media facebook will be difficult to get trust from crypto community members because altcoin like ethereum requires time to rise to coinmarketcap 2nd rank
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even though Facebook has been known by many people but in Facebook crypto will become a newcomer and it will take time to adjust before rising.
Agree. It should take time to rise and not too easy to be a big coin. But I am sure it will be a big coin soon yet people know well about the reputation and popularity of Facebook. I guess it will be very helpful to boost Facebook coin.
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Bitcoin is a valuable asset so bitcoin is more likely to survive because many believe in bitcoin, I think bitcoin will not be overlooked but will be stronger for the future.
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I also think so. Bitcoin is sometimes too big to be ignored. So far, many people think that BTC is not valuable anymore. Moreover when the bear market, the price of Bitcoin was very dumped and everybody was sick of that price. However now, BTC really shows its power again. With small news and factors, Bitcoin can reach its price again at $11k. It is very interesting, isn't it?
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absolutely right, there are two sides of the problem when looking at the value of bitcoin now. the value is relatively large enough to make a lot of people start investing in bitcoin. so investors who want to invest as beginners think over and over again. 2019 until now, investors also feel sorry if they are not included in bitcoin to invest.
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only for those who have big capitals who can adopt bitcoin now. bitcoin continues to grow until its value is more than $ 10500. so for those whose capital is small it can only become an audience without being able to be a part of it.
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Bitcoin will soon be at $12,000, so it will grow even more. Frankly, I wouldn't be surprised if it rallied above that level too.
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Bitcoin still in it train to get bullish but im doubt what will happen when Facebook releasing their coin. Facebook coin might surpass bitcoin in the top of coinmarketcap. if that happen what next?
Facebook coin, when lunched, will have to pass the same process other projects had gone through even if it has a big community., remember, not all it community members may participate in Facebook coin project. It will be very difficult to beat the number one position at CMC, even as Bitcoin has made itself king as you might had observed.
I agree with you Bobcrypto, Bitcoin is very strong and Facebook coins will not exceed the price of Bitcoin in the future, altcoin needs support from the price of Bitcoin to go up, this is not what you think, the giant social media facebook will be difficult to get trust from crypto community members because altcoin like ethereum requires time to rise to coinmarketcap 2nd rank
Exactly, Facebook coin, the "Libra" will not exceed bitcoin. I think bitcoin will remains the king, being the first cryptocyrrency, it will take very long time for altcoins to overtake bitcoin
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Bitcoin still in it train to get bullish but im doubt what will happen when Facebook releasing their coin. Facebook coin might surpass bitcoin in the top of coinmarketcap. if that happen what next?
Facebook coin known as Libra is a stable coin that will not be affected by the fluctuations in the crypto market. It was well said in one article
This isn’t a coin that you buy because you think it will grow 100 times as valuable. It’s more like exchanging a dollar for a Euro.
. So you see its not a coin that will affect bitcoin in anyway.
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Maybe Satoshi did not dare to think that the capitalization of virtual assets such as Bitcoin could reach over $100B USD, and now Bitcoin is the biggest competitor of gold and fiat. Governments want to protect fiat, but they are not strong enough to remove BTC from the financial game, when the interest and capitalization of the BTC is too big as it is. However, I think the biggest asset of BTC is the technology revolution that it initiated - Blockchain. The strength and value of blockchain is undeniable, and that is what helps the crypto community in general and bitcoin owners in particular trust and engage with BTC.
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Bitcoin is a valuable asset so bitcoin is more likely to survive because many believe in bitcoin,
I am sure that Bitcoin is still the best one to have a good future. So far, no coins can compete Bitcoin and have a big rule as Bitcoin. On the other hand, the community seems to choose Bitcoin for the main assets. That's why Bitcoin dominates the improvement on crypto market.
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only for those who have big capitals who can adopt bitcoin now. bitcoin continues to grow until its value is more than $ 10500. so for those whose capital is small it can only become an audience without being able to be a part of it.
I don't think they will become audience simply because they can not to buy bitcoin $10500, but any small investors can actually start investing in bitcoin as low $200 and grow from there. If you start low, may be $200 worth of bitcoin investment today, it might yield a huge profit tomorrow. Remember, that crypto price fluctuate and are unpredictable.
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I think bitcoin can also be bull, so I believe bitcoin is also one of the promising coins in the future, because now the price development is also getting better, so I believe bitcoin will also increase again in the future.
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absolutely right, do not ever underestimate the presence of bitcoin and its movements. I make sure you will regret it. Unless you're still a newcomer in crypto trading.
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If you're a newbie you should probably even more careful.
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ignoring bitcoin is tantamount to wasting the opportunity to enrich themselves materially. bitcoin in the future can certainly develop better at its peak.
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in my opinion, investing now in bitcoin is a big advantage. with capital that is not too large can get a large amount of bitcoin. So do not miss this opportunity to buy bitcoin now as an investment. It is likely that bitcoin will soon increase in value.
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Perhaps before Bitcoin became popular there were many people ignoring Bitcoin, but over time Bitcoin turned into a very valuable coin. Now with declining market conditions and many cases of fraud. So many people are now again ignoring Bitcoin.
I think the wrong decision, now the market is declining, but can still be utilized to make a profit.
Bad news is able to affect market conditions especially Bitcoin. But if someday there will be a lot of positive news, of course, it will make Bitcoin and Altcoin back successfully.
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Are people really ignoring bitcoin? It's still the most popular cryptocurrency.
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Are people really ignoring bitcoin? It's still the most popular cryptocurrency.
No. People don't ignore Bitcoin. There are many people already using Bitcoin for various purposes. And I think, with very limited amount of Bitcoin, people will hold their Bitcoin and attract people to have it as well. In this situation, the price of Bitcoin seems to improve significantly.
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No one would dare to ignore the number 1 coin in the marketplace. Further, the influence of btc to all crypto currency is undeniable, lead all the way to it's path is something an average trader/investors would surely knows and notice the trend. As I went through day to day encounter of btc I notice that most of the crypto newbie started their investment through BTC and will gradually shift to alternatives coins.
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Who ignores Bitcoin? I guess everyone who knows the potential of Bitcoin must be attracted to buy or hold it. I am sure OP also thinks the same like us. Bitcoin is too sweet to ignore, everyone must have it on their wallets. We clearly see the promising profits by holding it.