Update on Bitcoin and prices levels to watch near term. Plus some thoughts on the longer term picture
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I believe this is the best time to focus more on bitcoins. Because bitcoin has turned to a currency that drops down to invest. And I get my bitcoin without paying to any one from johnnyrons222 @gmail, soon when it booms it would be sold for 20,000$ and well all make more profit
Actually i am 12% bullish w risk rewot ratio a whoopin 88% on that downside. Yeaah, fibonaccis playin his hand and that ema isnt helpin! Gotta keep your eye on that support line without it we dont stand a chance
Wicked vid - Cheers for sharing !!! :) I agree - I'm like 75% sure that the low is in !!! :) ...
My 25% doubt is basically Tone Vays calling for $3K BTC ... mmm ... !?!?!? :) ... I really don't wanna see that... $1,200 down to like $400 is one thing, but $20K down to $3K is a completely different thing, as far as I'm concerned - I'd say down to $6K was about right, so that's in the history books now, right... !?!?!? :) Cheers !!! :)
If people keep wanting to sell their bitcoins below 10k I'll keep buying and Trezoring them. Now that the house is paid off I generally buy about 2000 dollars a month worth of btc.
People got spoiled by the big run-up last year. 90% of the time bitcoin just trades sideways. At times like this I accumulate. I don't trade. Every time I tried that sort of thing I got my ass handed to me. Took quite a haircut during the dot com crash, and I lost a bitcoin back in the cryptsy days. I was only willing to gamble with one bitcoin. If I could make it grow I might have put in more but I lost it. Since then I've just bought and added to my bitcoin stash. Eventually when we get back to the 20k area I might take an early retirement. I don't have time to be both a good diesel mechanic and learn to make it as a trader but once I'm a gentleman of leisure I may take time to learn. It may be too late though since high frequency trading is soon to crash into crypto. It's hard to compete with the bots.
I repeat once again! It's impossible to earn a lot of % on coins with high ploughback! It is necessary to invest in coins from the very beginning of their origin! Here is an example - ICO Telegram is an ideal variant www.newtokens.org/gramtoken
The miners are interested in finding a nonce which will create a hash with certain characteristics. Lastly, they have to find a random value that they included in the header, which makes the computed hash over that header a value below a particular target. In other words, they do not have to agree to change the protocol. Though there are a few gold diggers attempting to fill their pockets and certain projects that aren`t viable and shouldn`t be encouraged in any way. For users running a complete node, it is a fairly painless procedure to upgrade the software to the newest version. The process of locating a new block to extend the blockchain is known as mining. Proof-of-Work systems utilize cryptographic hashing algorithms to create the action of mining a block a complicated computation. Our software is totally incompatible with altcoins. Changes and modifications to how that it works need to be approved by consensus and every CPU gets a vote. To start with, it`s essential to realize that hardware wallet users control entirely their private keys. Whether you`re bullish or bearish on Bitcoin Gold, you ought not lose your coins as a result of careless mistakes! On the 1 hand, it may result in making a coin that solves all the pending issues. There`s no currency or digital asset named Bitcoin Core. Bitcoin Cash increases the range of transactions that may be processed per block. You could send any quantity of money, any place in the Earth, almost at no cost. You`ve made some great money already on the market, but you want more. For a wealthy individual, BTC`s price premium may be viewed as a plus. For someone without lots of money, BCH`s low price may look like a great deal for Bitcoin. If you have some concerns about the worth of Bitcoin after all forks, you need to be ready for a drop. The distinction is that not all of these suffer the chain split. The primary problem is Bitcoin imposes a hard limit on the magnitude of a block, the location where transaction information becomes stored. The end result is many straightforward wallets, called SPV wallets and very commonly found on your phone, will be quite confused about which chain is Bitcoin. In Bitcoin, the most important reason is known as the network effect.