Early in 2018 the cryptocurrency market climbed to new heights, only to drop more than $200 Billion. Is the bubble popping, or are we simply in a correction? What is the news?
Cryptocurrency Market Caps: https://coinmarketcap.com/
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This guy has no idea about the darkness of the crypto he just just gives people traditional advice buy low sell high after one week nothing change Guys Bitcoin and others will always have a bad ending no opportunity stay with your FIAT and invest in more comprehensible stuffs.
Why are you commenting on a crypto video on a crypto channel and suggesting to people to stick with fiat and invest in non crypto stuff? That's like walking into a bar filled with NFL fans and trying to convince them to watch European Soccer instead...
Like some people have said, "these are the 'dial-up,' ref. to the early Internet, days." The new technologies, think blockchain security, or their associated uses, are reasons to be in crypto . Who wouldn't like to go back in time and buy Microsoft's ISO? Btw, I have skin in the game, I'm holding onto my BTC and Ether. Panic-sellers would have been the first to drop MS shares. I did the research before I got into the market. The technology behind crypto-/digital currencies should be part of any investor's thinking, whether you're buying a pc or a new technology like the blockchain, make sure it has underlying value. Cheers to all the pioneers in these new technologies! Great show and advice!
The entire cryptomarket is going down. My theory is that around Christmas so much money poured into the market world governments are colluding to destroy the viability of the market to discourage the public from putting their money into the btc, thereby weakening world fiat currencies.
Asia Lunar year is coming, massive holiday out there and similar effect to what happened over Christmas period, after they are back from hols it will come back to normal in Feb, just buy the cheap coins while they sell them to pay for their holidays lol
Is Binance based in China? With China enforcing wider bans, I'm just wondering if they might turn their attention to Binance too. I haven't heard anything, but I'm just thinking if it's possible - what do you think?
Chinese new year. Asia still dominates in crypto-trading by volume. 3 weeks from now is the lunar new year, People spend a ton of money on gifts and travel, its the LARGEST mass migration of people on the planet.The crypto market is antithetical to the stock market basically meaning stocks boom when business is booming during the holidays, crypt investors are retail investors so crypto investors sell during the holidays. Just like when we had new years and christmas the market drops then hits ATH. The sell off happens 3 weeks prior to lunar new year every year for the passed 4 years. If history repeats itself we will see the market moon around mid febuary to march. Hope that clears things up
If I have all my money into one altcoin (I know dumb, but am bullish on the project), would it be wise to move it into let’s say bitcoin or ethereum until the market shows signs of recovery?
Florin Pavel i bought at .03 and it made a run to about .30.. I think there is more to it than a clear scam and everything tanked. I invested in Poe and Cindicator too. I went all in on Tron and still think it will hit 1.00
I see an opportunity as well. It would be nice if I could get started using USD, and debit card. Unfortunately, NONE OF THESE SHIT EXCHANGES WILL FUCKING LET ME. It's not a fucking coincidence either. Shit is ridiculous.
You need to talk about the WHY of this drop. Maybe the 22nd of december was just a quick fear in plateforms being hacked but what about now when numerous countries speak about banning cryptos and closing plateforms. Personnaly I am holding and even reinvested some money in the red but I would like your thought on it? Is it a legitimate threat?
Everyone comment that they lose , but how you lose if you dont sell? I think thats the same as you bought lottery ticket and someone said you lose 5$ but that ticket can get you way more money if you wait.
That's an absolute normal countermouvement for the high-risk-crypto-market. I'd one out of three invested in December, ...now it could be in January excellent opportunities for investing one third more...and hold the rest of fiat cash.
Next chance will coming up!
yo new to crypto help me out here. I'm trying to find a crypto exchange that doesn't tax or fine. I tried signing up with coinbase. Those scumbags wouldn't verify my card. I called, they said it was resolved, but still doesn't verify, so cant buy anything. Tried Binance, won't verify second step of authenticator, another nutshot. I'm losing my fucking mind. This bullshit has taken literal days. It's like they don't want new people on the market
it asks me to put in the cent value of two small charges in my checking account to verify, everytime it says wrong value, i read on business insider that this is a tactic used if the exchange is too saturated with new clients.
Kind of agree with Your Altcoins, once you see red sea, it's time to buy !!! Many occasions right now on discount, my picks Litecoin (best cryptocurrency IMO right now as you said to transfer money), Bitcore (a couple of days ago coinmarketcap announced the adjustment on circulation supply it gained +40%), DeepOnion (10x gain in two months, now it is still over 10$).
I am in the same boat. F#@$ing banks intentionally slow-walking my deposit to gdax. Five business days to deposit fiat???? Yeah right. Those F&^%*'ers simply click a button to move funds around. Bastards.
Something to consider if you compare the previous events with the current one: The subject of cryptocurrency has been picked up by news channels and became mainstream over the last few months, a market dip has now a stronger impact. People could panic, start dumping and cause the market to a plunge.
"Be greedy when others are fearful" is a term used by Warren Buffet. It relates to investing and means when others are selling because of a crash or fear, that is the time to buy as must as you can and pick up the best stocks available at a discount. While there is a sea of red in crypto, now is the time to pick up more NEO, Bitcoin, Ethereum, Dragonchain, ADA, Walton, Binance Coin and Ripple. These are the ones to most likely come out ahead because of product, team, and market opportunity.
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.