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Author Topic: Bitcoin Discussion  (Read 138946 times)

Offline Kalace

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Re: Bitcoin Discussion
« Reply #645 on: December 20, 2019, 10:00:58 AM »
Bitcoin is now really gaining good momentum and is developing very rapidly.

Offline Eliza Abrams

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Re: Bitcoin Discussion
« Reply #646 on: December 20, 2019, 12:19:12 PM »
To me that looks to be that just part of the range.

Offline fxopen78

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Re: Bitcoin Discussion
« Reply #647 on: January 13, 2020, 10:32:17 PM »
In this year 2020 will occur bitcoin halving, which this occurred every 4 years and every 21000 blocks, after halving hence reward for miners will decrease by half, if currently bitcoin reward for miner 12.5 BTC, then after halving reward decrease to 6.25 BTC, usually after halving will make price arise might until 10X, halving might occur in 12 May in this year

Offline romis

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Re: Bitcoin Discussion
« Reply #648 on: January 15, 2020, 06:30:45 PM »
Just a few months ago all peoples write that bitcoin is dead, but BTC up to $ 12,000 and now we are at the level of $ 8000, all time above the price from 2008 ;)

Offline fxopen78

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Re: Bitcoin Discussion
« Reply #649 on: January 15, 2020, 07:23:00 PM »
Bitcoin still becomes the first rank on coinmarketcap, many analyst cryptos they optimistic with the bitcoin value, on this year will arise, but let see what happen later, before 2019, some trader also still optimist but in fact, the prices tend to decline.

Offline Eliza Abrams

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Re: Bitcoin Discussion
« Reply #650 on: January 16, 2020, 01:30:39 PM »
Concerned with the data security of the financial industry the European Securities and Markets Authority (ESMA) announced plans to regulate the crypto markets in the European Union.

According to its Strategic Orientation for 2020-22  paper together with the National Competent Authorities ESMA will "require EU market participants to acknowledge the risks that may stem from digitalization by ensuring business continuity and the use of adequate and up-to-date technology, as well as adequate protection against cyber threats, and through proper data protection and data quality management".

Let's see how this will affect its price.

Offline Humble Trader's Fx

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Re: Bitcoin Discussion
« Reply #651 on: January 16, 2020, 02:54:41 PM »
Concerned with the data security of the financial industry the European Securities and Markets Authority (ESMA) announced plans to regulate the crypto markets in the European Union.

According to its Strategic Orientation for 2020-22  paper together with the National Competent Authorities ESMA will "require EU market participants to acknowledge the risks that may stem from digitalization by ensuring business continuity and the use of adequate and up-to-date technology, as well as adequate protection against cyber threats, and through proper data protection and data quality management".

Let's see how this will affect its price.

This is only the beginning of controlling cryptos. As the screws tighten, so will cryptocurrencies lose their "crypto" prefix making digital trading just like any other digital transaction akin to credit card transactions.

Regards,
HumbleTrader
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

Offline oportunis

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Re: Bitcoin Discussion
« Reply #652 on: January 16, 2020, 06:33:49 PM »
And you still don't want to buy and get some profits from this? Once crypto is safely regulated you will see the rise on price, since they are limited and cannot be printed like FIAT... BTC made only 100% in 2019, gold made around 25% and this was huge for gold, while nothing much for BTC. In May we have halving, so mining rewards drop by half. If mining is to be profitable than the price of BTC has to be 2x from now otherwise companies will turn off mining and since they invested millions into this I expect the price will follow. It should be a good time to diversify a little. If you think opposite than go short.

Offline Humble Trader's Fx

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Re: Bitcoin Discussion
« Reply #653 on: January 16, 2020, 06:42:49 PM »
And you still don't want to buy and get some profits from this? Once crypto is safely regulated you will see the rise on price, since they are limited and cannot be printed like FIAT... BTC made only 100% in 2019, gold made around 25% and this was huge for gold, while nothing much for BTC. In May we have halving, so mining rewards drop by half. If mining is to be profitable than the price of BTC has to be 2x from now otherwise companies will turn off mining and since they invested millions into this I expect the price will follow. It should be a good time to diversify a little. If you think opposite than go short.

If I were you, I would be getting rid of BTC and all cryptos: Once they will be forced by law to expose who owns what and people see that a huge number is held by a few who manipulate the markets,  people will start dropping these fake digital wallets and their contents. Firesale of BTC and others is coming!

Take care and pray.

Regards,
HumbleTrader
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

Offline oportunis

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Re: Bitcoin Discussion
« Reply #654 on: January 16, 2020, 06:58:31 PM »
People already know which wallets hold the most BTC, there is no fear of that otherwise people wouldn't use USD as the most cahs is held by criminals :) Digital transactions are OK, but the reality is that bank are not holing funds in reserves, so the system we have now is also a big farse.

Also, there is no way that the current crypto can be fully regulated. You can create BTC address anytime you want. The only thing is they can regulate transfers, so if you send from an unverified wallet the funds will be rejected or in question until you prove the funs are legit and not from some illegal activity. 

I agree with you to get rid of BTC but only if price doesn't follow after we get halving, because than miners will turn off asics and the network will become congested and we can see chaos in crypto.

 

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