The previous hype we saw in the past on bitcoins will most likely be nothing compared to future HYPE when Bitcoin will truly become Mainstream!
It is only at the beginning, as were Apple, Microsoft and Intel in 1994-95.
The mega capital of pension funds, hedges, insurance companies, ETFs, etc. I'm still out of Bitcoin and blockchain, but most likely have already decided to come in .... and they will do it their way. They certainly do not enter the market when Btc and Eth are at $ 20,000 and $ 1,000!
It is no coincidence that on Bitcoin futures rumors rose from $ 5,000 to $ 20000 in a month, and soon thereafter the "slow descent" began.
It is a clear sign, in prices and time, that they have left for those who can see behind the appearance of a causal market.
They will enter their way, with low prices, when almost everyone will be tired, angry, scared and exhausted ..... the people will sell (excluding the old and big holders, the early adopters) and they will buy.
In the last month a lot of good news came out for Bitcoin and many other coins, but the market has literally ignored them; in the past all this would have triggered a crazy hype while today the FUD reigns supreme.
Probably with the G20 tomorrow will give a further downward pressure.
I hope that the descent will end in the area of $ 3000, trendline of very long period.
Shorts @ATH and 100M Tether printed, fasten your seatbelts
Meh, I think what is going on as of late is that traders are BTFD, when there is one down to $63xx and lower and then scalping it for modest gains of 2%-4%. Apparently, with the "invisible walls," some big fish is probably implementing this strategy. Could even blame it on Spoofy's new strategy, (if you believe in Spoofy.)
Bitfinex exchange makes average volumes of about $ 15-20 billion a month, which for 3 months make about $ 50 billion; with a commission of 0.2% per transaction makes exactly $ 100 million
These 100 million are the profits of Bitfinex for the 2nd quarter
The birds of evil have again expressed themselves; what will happen to Bitcoin now: will it take the rocket to the sky or it will explode in a crash? 1 or 2 photos?
https://www.ccn.com/cnbc-analyst-predicts-bitcoin-price-is-about-to-explode-citing-etf-buzz/
Well, again for the umpteenth time after the prophetic words of these geniuses, all the markets suffer a new and heavy collapse, after 24 hours.
I think that from now on I will seriously consider them as a barometer and lighthouse for my operations ..... obviously doing the opposite of what was suggested.
https://bitcoinexchangeguide.com/dow-jones-drops-800-points-bitcoin-falls-10-in-brutal-day-for-markets/When everyone starts to see red and blood, it means that we really got to the bottom; in the last days, two illustrious names have joined the long line of announcers of death:
Martin Armstrong
https://www.armstrongeconomics.com/world-news/cryptocurrency/bitcoin-the-end-of-cryptocurrencies/Edward Snowden
https://www.ccn.com/bitcoin-wont-last-but-crypto-is-here-to-stay-edward-snowden/Personally I voted for Bitcoin over $ 5000 on December 15 because he overbought too short and must download a few weeks, but I think he will do a last lunge in February-March 2019 before starting a new cycle.
Cmon batman time for lift off!!
We're missing a few days and then we'll find out if H & S will complete or not
When you want to look for better and faster alternatives, new and scalable, with very low fees; when you criticize the Pow and exalt the Pos, DPos, Tangle, and the waltz ..... when you invent them and try them all, then understand at the end that the KING is always the same, always and forever.
When you want to look for better and faster alternatives, new and scalable, with very low fees; when you criticize the Pow and exalt the Pos, DPos, Tangle, and the waltz ..... when you invent them and try them all, then understand at the end that the KING is always the same, always and forever.
Is there a link for that?
I looked datalight.me website, and I could not find that chart.
You won't find it on their website, because I found it in their telegram chat
https://t.me/datalightme_chatThe videos shown here visualize the propagation of blocks and transactions through the Bitcoin P2P network. Each dot on the map represents one peer, which has announced a specific hash to our monitor peer. The peers appear on the map at the estimated time they announced the hash to our monitor, i.e., the time we received their announcement minus the average latency to the peer.
https://dsn.tm.kit.edu/bitcoin/videos.htmlThe dump will arrive sooner or later, that's for sure; the doubt now will be where will it stop ?
Hardly anyone thought of seeing Bitcoin at $ 8,000 30 days ago, and many expected the old minimum or even new.
Now almost everyone says it will never go below 5000/6000 $! what will Bitcoin do instead
The entire Bitcoin network is constantly growing and evolving, from LN to transactions, from derivatives to options ..... everything contributes to the spread of the King
https://diar.co/volume-3-issue-15/#2
I think that most of the users who participate in activations in here every day have already seen this video, but I find it right to make it known even to younger users.
I'm talking about Andreas Antonopoulos and his introductory description of what Bitcoin is, at the 2016 Singularity University's Innovation Partnership Program (IPP)
Fantastic video that makes you think and smile if we think it was shot in 2016, with Bitcoin at $ 600 and $ 10 billion in capitalization around.
https://www.youtube.com/watch?v=l1si5ZWLgy0&feature=youtu.be
How many definitions has Bitcoin: currency, value reserve, financial revolution, digital gold, inefficient database, Ponzi scheme, only bubble, etc ... all true and all false, depending on your background.
In this very interesting article the author goes much further, coming to define Bitcoin as a
living organism, a new form of life!https://medium.com/@dergigi/proof-of-life-fa28fdc002fe
