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Messages - Alcor

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2
Bitcoin Forum / Re: Bitcoin is dumping after ETF approval?
« on: January 13, 2024, 07:50:08 AM »

Another correction before the bitcoin halving of course. But for those who were looking for an opportunity to invest, maybe the opportunity to invest has come. The approval of Bitcoin ETF had some positive impact on the market. The approval of the Bitcoin ETF took the Bitcoin market from $44k to $48900+. I thought maybe Bitcoin could stay in the $50,000 range right away. But instead of that, the market came back to $41,000. But for those who have been waiting to invest, now is the best time.
I think that before the halving, the price of Bitcoin may experience a correction several more times and even much deeper than the current one. This is absolutely normal for the cryptocurrency market. But these events will not in any way affect the upcoming price boom due to the Bitcoin halving. This year and even the first half of next year promise to be very good in terms of cryptocurrency price growth. We need to make the most of these opportunities.

3
Unfortunately, the private Peregrine lander launched from Cape Canaveral on January 8 will not be able to land on the Moon due to a critical loss of fuel. The technical problem was reported by the company that created the module, Astrobotic Technology, just a few hours after launch.

  Therefore, now the goal of the mission is different - to bring Peregrin as close as possible to the orbit of the Moon. This means that physical Bitcoin on the lander will most likely not be delivered to the lunar surface, since the module's engines will not be able to ensure a soft landing. But let's see if our scientists can come up with something to correct the situation.

4
Obviously it fails to hit even closer to 60k and there are no way that it will ever happen , actually even this year of 2024 while the market is bullying ? it made me harder to believe that we will be hitting 60k because i believe that the bull will totally come in 2025 .

Well, with the approval of spot ETFs in the US we are close to $50,000, and between this and halving I am sure the price will pass $60,000 this year. I am more doubtful if it will break $100,000, but if it doesn't this year, I am sure it will next year.
Now Bitcoin is showing good price growth, but during this period and before its halving in April, we will still see one or even several price corrections. However, they will also be there after halving. Correction is necessary for further growth. High price volatility will also manifest itself during periods of rapid growth, and this is very attractive to participants in this market. After each halving, the price of Bitcoin reaches new heights. Therefore, by the end of 2024, we can expect a Bitcoin price of one hundred thousand dollars. But the price of Bitcoin and other cryptocurrencies will be influenced by news and events of our objective reality.

5
Ethereum Forum / Re: ETH predictions of next week.
« on: January 11, 2024, 03:42:23 PM »
Bitcoin-ETF has already been accepted, so the next one will be Ethereum-ETF. It's hard to write exactly what the price will be at the time of approval. The price could show anywhere from +5% to 12%. This is purely on a positive scenario. Unless the SEC wants to manipulate the news again. Like they did a day ago in X.

Overall, the market mood is positive. But how long it will last is always a mystery (as is the exact price for next week). Let's wait and see. I will not guess. The bigger the increase, the nicer it will be to lock in your positions.
Yes, the price of Ethereum is up almost 11 percent today after Bitcoin spot ETFs were approved yesterday. The price of this coin is now $2,640 and continues to rise. But I think that in a short time we will see a good market correction, which has not happened for a long time. This will be a good opportunity to purchase for those who, for various reasons, did not have time to do so.

6

The war is taking long but the people of Ukraine is still fighting for their rights , Russia have shown their power yet the opposing country is standing strong .
the effect in crypto is just a short period because looking in to it now? the war is still on but the crypto market is showing strong movement specially now 2024 that the climbing is continuing opposite for what we expect that may dump in the early month.
In the war against Ukraine, Russia demonstrated its weakness, not its strength. All states, without exception, were confident that in a short time Russia would capture Kyiv and the entire territory of Ukraine. But that did not happen. Due to the massive invasion of armored vehicles simultaneously from the north (from the territory of Belarus), east and south, in the first days Russian troops were even able to approach the outskirts of Kiev, but then received such a rebuff that after two months they were forced to hastily withdraw their half-defeated armies from the northern and central parts of Ukraine. After this, the Ukrainian Armed Forces liberated more than 50 percent of the occupied territory of Ukraine and continue to provide worthy resistance to the aggressor.

Russian military equipment also showed its worst side on the battlefield. Western weapons turned out to be much longer-range, more accurate and more effective than Russian ones, as a result of which Russia began to massively lose orders for the sale of its military equipment.

As a result, Russia lost its former influence on global global processes; the world no longer feared or respected it.

As for cryptocurrency, the war has had virtually no noticeable impact on it yet. But in the future this situation may change.

7
Unfortunately, the private Peregrine lander, which was launched from the American Cape Canaveral, will not be able to land on the Moon due to a critical loss of fuel. The technical problem was reported by the company that created the module, Astrobotic Technology, just a few hours after launch.

The company initially said that shortly after the vehicle separated from the launch vehicle, an anomaly was discovered that "prevented the module from achieving a stable orientation towards the Sun. Because of this, the module's solar panel did not collect energy, and the battery was discharged. The cause of the problem was a failure in the propulsion system." system, which led to a “critical” loss of fuel.

After some time, Astrobotic Technologies announced that the device’s panel was able to be pointed at the Sun, but Peregrine could only maintain the corresponding direction for about 40 hours, after which it would be left without energy. Therefore, now the goal of the mission is different - to bring Peregrine as close as possible to the orbit of the Moon. This means that the physical Bitcoin that is on the lander will most likely not be delivered to the surface of the Moon. But let's see if our scientists can come up with something to correct the situation.

8
Ethereum Forum / Re: What is the current state of Ethereum?
« on: January 09, 2024, 07:49:36 PM »
If we take a close look at the crypto currency market at present. Especially in 2024 we can see Ethereum changing a lot along with Bitcoin and it is growing. Now what is the future of Ethereum in ? This coin can reach $4k in the market.
Here you can see the previous price when bitcoin price touched up to 69k, what was the price of ethereum coin?  Noticed here was often 3500 (approximate) dollars. So since Ethereum Coin Altcoin cannot compete with Bitcoin as such. Here we consider Bitcoin as the best source of investment as there is no chance of loss. No matter how low the price of Bitcoin is, once again the price increases to see part of the benefit. If this halving reaches the peak of the Bitcoin price improvement, the price of the Ethereum coin will exceed $4000.
When, after the previous halving in 2020, Bitcoin rose to its maximum price of more than $69,000 the following year, Ethereum at that time, that is, as of November 2021, rose in price to more than $4,800. Since the price of Bitcoin is expected to rise to around $100,000 after this year's halving, the price of Ethereum should also be higher than its previous price record. I think that it may well rise to 6,000 - 7,000 dollars.

9

The point is that we are seeing more and more of the same kind of measures and I'm sure that over time that $10,000 will be lowered, and even if it isn't, simply because of inflation it will be as if they were lowered in real terms.
The amount of $10,000 in cryptocurrency, which is subject to control by banks and tax authorities, was established by FATF, it seems, in 2019. In my country, Ukraine, this FATF recommendation has long been implemented and adopted into law. Many states have also incorporated this mandatory FATF recommendation into their national laws. The state has the right to reduce, but not increase, the specific amount of cryptocurrency transactions that is subject to immediate accounting and verification.

10
Well, such a prediction may well become reality. However, I am not against this turn of events, since before the recent price increase I sold part of my ethereum at the wrong time and now I am just expecting such a significant correction in the market. The situation is pressed for time, since the Bitcoin halving is scheduled in about three months and in order to make a profit, we must have more cryptocurrency potential for growth.
In a few days, we will already know what the fate of the spot Bitcoin ETF will be and, accordingly, in which direction the likely market movement will go.

11
~ But it is not clear here whether this means one transaction, or any several transactions for the specified amount from one sender.
This is per transaction. It is similar to an existing anti-money laundering policy on bank transactions. If someone is to make a deposit/withdrawal request amounting to $10,000 or more, the bank is required to report it to the IRS. In this case, it's the individuals who should report since transactions could be done P2P (no banks or CEX involved). It is also important to note the nature of the transaction has to be business-related.
That is, this law actually equalizes the requirements for the circulation of non-cash government money and cryptocurrency. This means that crypto enthusiasts have nothing to complain about yet. Cryptocurrency is not infringed in this case. But it appears that this legal requirement can easily be circumvented by not sending $10,000 or more in one transaction, but by dividing that amount into several smaller transactions so that one transaction is for less than $10,000.

13
My short discussion is that the most profitable trend among them was ico and it alone brought new projects to the crypto market with 2017 and it was very popular with everyone. But then the IEO started and when the amount of scam projects increased again the IDO started again. However which one do you prefer?

Well, honestly speaking, the first time I earned a lot in cryptocurrency was during 2017 in the ICO project campaigns. I earned around 23k$ something this time, and of course I will never forget it.

But in this era, it is no longer easy to get a profit like it was in 2017, because the time is different now and every time there is a change in our technology, and that is what happened. But with the IDOs, IEOs, and IPOs, I have never experienced making money there properly.
I completely agree with you. In terms of profit, ICOs in 2017 and the first half of 2018 were the most profitable for bounty hunters. Even an ordinary Member in almost any project could earn several thousand dollars back then. Now the situation has changed much for the worse. Advertising of new projects has shifted to social networks, and only a couple of thousand dollars are allocated for rare subscription campaigns.

14
It is known to us that many new altcoins are entering all exchanges big and small. What new altcoins do you think will rule this year? Because the number of new projects decreased in the past few years, the only reason is that the number of scam project increased so due to which investors refrained from investing in new projects.
Everything will depend on the growth of Bitcoin, whatever one may say. After all, one can say that one can criticize the technological effectiveness of projects, but the biggest growth for altcoins is given by Bitcoin, and more specifically, by speculation around it. I think Bitcoin will grow in 2024 and altcoins along with them, so it is also worth considering altcoins as an investment.
After the halving, which is expected in April, in the second half of this year, Bitcoin, and after it all potential altcoins, should increase significantly in price. During bullish price periods, there are also usually many new altcoin projects emerging. Therefore, the second half of 2024 and 2025 will be good for both cryptocurrency holders and new altcoins.

15
After the previous Bitcoin halving in 2020, the price of Ethereum exceeded $4,800 in November 2021. The next Bitcoin halving is expected in April of this year, so next year the price of Ethereum may well not only reach $5,800, but even surpass it. But this will depend on many factors that are almost impossible to calculate in advance. But after each new halving, Bitcoin reaches new price records. Ethereum is also capable of similar growth.

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