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  1. #1
    Pokerface's Avatar
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    Default Crypto On The Rise

    I see that the cryptocurrencies have had a nice increase ...... could they finally be moving up again? Would be nice!

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    MrDeposit is offline Private Member
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    Crypto has been moving up slowly since the beginning of the year. BTC doing that nice move Monday is just BTC slowly getting back to normal. I miss those $500 swings within one hour. Can't wait to see what happens throughout the year.

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    The latest bump was because of an on market purchase of 100 million worth of BTC. Most of these size transactions are usually done OTC.

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    Most of the big crypto twitter accounts believe that we are still in the bear market. As latrobet has said, the latest pump was due to a massive BTC purchase. Until regulation kicks in, I don't see any major bull runs taking place.

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    since professional financiers have come to the crypto business, it has become difficult to predict something (I just keep my bitcoins until quiet times.

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    yeah this month has seen some nice increases! Hope it keeps moving in the same direction!

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    I'm so tired already of all these rises and falls on the market.
    I've invested in crypto 3 years ago and now is the worst time for it really.
    Hope I'll return my investments back and the market will recover.

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    Now it is very difficult to predict which way Bitcoin will go. I think the problem is people’s misunderstanding and distrust of cryptocurrencies. Of course huge market players influence market strongly and even control it.
    But I hope that crypto and blockchain will have a great future ��

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    Quote Originally Posted by Phyllis View Post
    I'm so tired already of all these rises and falls on the market.
    I've invested in crypto 3 years ago and now is the worst time for it really.
    Hope I'll return my investments back and the market will recover.
    If you invested 3 years ago, you should make roughly 2000% gains if it was Bitcoin. So something does not make sense here.
    We are all bloodsucking ticks, hungry, devious
    each one latched on to the ass of the previous
    when the last and the first latch on it can be shown
    ass-blood sucked by the first from the last is his own

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  14. #10
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    Quote Originally Posted by Fetalio View Post
    Now it is very difficult to predict which way Bitcoin will go.
    Up as always through bumpy road. It is inevitable.
    Quote Originally Posted by Fetalio View Post
    I think the problem is people’s misunderstanding and distrust of cryptocurrencies.
    Idiots die out. They have no money anyways so they are not significant.
    Quote Originally Posted by Fetalio View Post
    Of course huge market players influence market strongly and even control it.
    It is a common fallacy. The bigger player you are the less you control anything. The opposite is true, the bigger you are the more slippage you cause with any market action. I am really tired to read this over and over again.
    We are all bloodsucking ticks, hungry, devious
    each one latched on to the ass of the previous
    when the last and the first latch on it can be shown
    ass-blood sucked by the first from the last is his own

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    Can we see 20k again?

  16. #12
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    Definitely, but I would be very very surprised to see it until next halving: https://www.bitcoinblockhalf.com/
    ATH after halving should be imo conservatively 50K
    but it is bitcoin, always something in the sleeve
    We are all bloodsucking ticks, hungry, devious
    each one latched on to the ass of the previous
    when the last and the first latch on it can be shown
    ass-blood sucked by the first from the last is his own

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    Iím sure that cryptocurrencies will continue to increase in value and strength in the future and will gradually become more important and will play a real key role in the global economy. Banks, companies, investors and governments have taken a genuine interest in it. Bitcoin in itself has come a long way since its creation back in 2009.

  19. #14
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    Quote Originally Posted by Phyllis View Post
    I'm so tired already of all these rises and falls on the market.
    I've invested in crypto 3 years ago and now is the worst time for it really.
    Hope I'll return my investments back and the market will recover.

    I fail to understand how one could possibly invest in crypto currency and not expect extraordinary "rises and falls," aka huge variance in price. The entire decade long history of these asset classes clearly shows them to be the most volatile thing one could possibly buy into.

    Subsequently, buying in and then lamenting the fact that the price is doing exactly what one would expect it to do from every bit of historical evidence is mind boggling to me!

    Here's some positive advice though. Instead of "hoping" for the price to rise, and you are hopefully doing this already, go about and promote cryptos to people who can use them. Help people around you better understand how crypto currency can help the under/non-banked, facilitate the moving of funds overseas far faster, cheaper, and safer than the current banking monopolies, how crypto has the potential to help reshape money, society, wealth distributions, government, banking, etc.

    Being positive about crypto and spreading the word will help recover your investments... which, as was stated previously by master detective Sherlock, should be doing very well if they are 3 years old and BTC's current price is $8,000.
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  21. #15
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    Bitcoin's price on May 13th 2016, aka 3 years ago: $458.90 USD per coin
    Bitcoin's current price on May 14th, 2019: $7,977.91 per coin

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    I see no cause for despair, but instead for celebration on the part of anyone who invested 3 years ago!
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  22. #16
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    Quote Originally Posted by PROFRBcom View Post
    Here's some positive advice though. Instead of "hoping" for the price to rise, and you are hopefully doing this already, go about and promote cryptos to people who can use them. Help people around you better understand how crypto currency can help the under/non-banked, facilitate the moving of funds overseas far faster, cheaper, and safer than the current banking monopolies, how crypto has the potential to help reshape money, society, wealth distributions, government, banking, etc.
    This. I just bought another pack of ledger nano S, which are perfect tools for noobs. I always carry some with me and if some affluent person is interested, I am giving it to them, send some bitcoins and I teach them how to use it.

    The best investment I am doing currently.
    We are all bloodsucking ticks, hungry, devious
    each one latched on to the ass of the previous
    when the last and the first latch on it can be shown
    ass-blood sucked by the first from the last is his own

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  24. #17
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    Quote Originally Posted by Sherlock View Post
    This. I just bought another pack of ledger nano S, which are perfect tools for noobs. I always carry some with me and if some affluent person is interested, I am giving it to them, send some bitcoins and I teach them how to use it.

    The best investment I am doing currently.

    Damn. That is boss level right there. This is why you are The Man Sherlock... you have some incredible ideas sometimes sir
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  26. #18
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    It was not my idea. We both got the ledger nano once at if you remember and it inspired me.
    It is important that people can touch the coins, send them.
    Long time ago when Roger Ver was not a dick, he did the same.
    Meanwhile you get some interesting feedback from people. Most usual feedback is that after you spend netto 10+ hours with them over few months, then they buy some shitcoin and they keep telling you how amazing it is. Then you try to tell them that it is shitcoin and then that shitcoin overperforms BTC 10x or something like that, so you literally see them nodding "oh Sherlock, thanks for introducing me into this, but you are so oldschool boring conservative with BTC". But that is life
    We are all bloodsucking ticks, hungry, devious
    each one latched on to the ass of the previous
    when the last and the first latch on it can be shown
    ass-blood sucked by the first from the last is his own

  27. #19
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    Bitcoin seems to be very strong at 7.9-8K so that's a good sign.
    Wouldn't be surprised to see 10k+ soon and let's hope a new record of 20k+ is going to happen this year.

  28. #20
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    If you are fan of BTC you can hardly wish 20K for btc this year. That would be too steep rise with too big fall. Best trajectory for bitcoin is staying where it is maybe with slow rising for next 2 years and then will follow the madness as 2 years ago, as it is natural for bitcoin/crypto each 4 years.

    If we see 20k+ this year I will start selling 1st time in my life, unless there is some major shift in fundaments. So far no really big news happen. No ETF, no central banks buying openly etc.

    Anyways the market will do whatever it wants regardless our wishes.
    We are all bloodsucking ticks, hungry, devious
    each one latched on to the ass of the previous
    when the last and the first latch on it can be shown
    ass-blood sucked by the first from the last is his own

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