One more info about IOTA and why I think it is not smart to buy now. Yeah the have meeting with Microsoft and it can cause further growth but they have bigger problem that can cause big dip soon.
If you bought IOTA and sent to your wallet, you are not able to send now back to exchange to sell and book profit. A lot of members from IOTA telegram group have same problems. They all want to send and book profit but they are not able to d that. I think it is main reason for price boom now because sellers are not able to sell and new buyers are coming and it is reason for huge uptrend but once they fix problem with wallet, it will face with big correction so one more reason why you do not have to enter and buy IOTA now. Share with friends to warn them because hype is growing daily and more and more people are buying IOTA and they can be in huge loss soon.
If you bought IOTA and sent to your wallet, you are not able to send now back to exchange to sell and book profit. A lot of members from IOTA telegram group have same problems. They all want to send and book profit but they are not able to d that. I think it is main reason for price boom now because sellers are not able to sell and new buyers are coming and it is reason for huge uptrend but once they fix problem with wallet, it will face with big correction so one more reason why you do not have to enter and buy IOTA now. Share with friends to warn them because hype is growing daily and more and more people are buying IOTA and they can be in huge loss soon.
Reason for ETH drop 👇
One of the reason is of coruse BTC uptrend but for me main reason is next. Last few days, ETH transactions are becoming slow and that is not good for ETH. I think it is just problem at the moment and it will be solved soon but it is reason for this dip. ETH is testing now support at 0.035BTC and I am buying more at this price. ETH is my favourite coin for long term so I hope they will solve their problems soon and ETH transcations will be fast as before.
😉
One of the reason is of coruse BTC uptrend but for me main reason is next. Last few days, ETH transactions are becoming slow and that is not good for ETH. I think it is just problem at the moment and it will be solved soon but it is reason for this dip. ETH is testing now support at 0.035BTC and I am buying more at this price. ETH is my favourite coin for long term so I hope they will solve their problems soon and ETH transcations will be fast as before.
😉
Do you think Bitcoin is decentralized? I think 95% of you will say now but after this text, I think that number will be lower.
First of all, I am not hating Bitcoin, I love BTC because without BTC, market would colapse.
I was curios is Bitcoin really decentralized? As I said, most of you will say " Yeah, it is ", I would say too but after few hours of thinking I am not sure if it is decentralized or not.
Why?
To understand this whole review, you have to know what means mining.
Mining is process where we use special algorithm to find solution how to confirm transaction. Without mining, transaction wont be confirmed, price will dump and all bad stuffs are coming...
So without mining, there is not Bitcoin.
If there are 1 million miners, Bitcoin will be decentralized because no one of them is able to control Bitcoin.
And here is the biggest problem, there are a lot of miners but there are also mining pools. They are huge. For example, AntPool and BTC.com are bigest at the moment with % of 16.6% both and total 33.2%. So only 2 mining pools are almost one third or all mining power. 3rd one is ViaBTC with 15.7%, 4th is BTC.TOP with 12.8%. So 4 pools have total % of 61.7%. So they are mining more Bitcoins than all others together. You still think that BTC is decentralized? Hmm...
What would happen if they decide to cooperate and decide to stop mining or something like that? Bitcoin will face withh HUGE problems. These problems wouldn't be unresolved but enough to make big correction that would last for few months if not years. What would happen if they decide to make their own version of BTC and stop supporting current BTC? Hmm...
This is big problem for BTC. Main idea was to create decentralized money but, for me result is not same as an idea. They are able to manipulate and make huge money and grow every single day.
I will post photo below with top mining pools at the moment.
If you think this has some value, you can share with your friends.
Have a nice day 😉
First of all, I am not hating Bitcoin, I love BTC because without BTC, market would colapse.
I was curios is Bitcoin really decentralized? As I said, most of you will say " Yeah, it is ", I would say too but after few hours of thinking I am not sure if it is decentralized or not.
Why?
To understand this whole review, you have to know what means mining.
Mining is process where we use special algorithm to find solution how to confirm transaction. Without mining, transaction wont be confirmed, price will dump and all bad stuffs are coming...
So without mining, there is not Bitcoin.
If there are 1 million miners, Bitcoin will be decentralized because no one of them is able to control Bitcoin.
And here is the biggest problem, there are a lot of miners but there are also mining pools. They are huge. For example, AntPool and BTC.com are bigest at the moment with % of 16.6% both and total 33.2%. So only 2 mining pools are almost one third or all mining power. 3rd one is ViaBTC with 15.7%, 4th is BTC.TOP with 12.8%. So 4 pools have total % of 61.7%. So they are mining more Bitcoins than all others together. You still think that BTC is decentralized? Hmm...
What would happen if they decide to cooperate and decide to stop mining or something like that? Bitcoin will face withh HUGE problems. These problems wouldn't be unresolved but enough to make big correction that would last for few months if not years. What would happen if they decide to make their own version of BTC and stop supporting current BTC? Hmm...
This is big problem for BTC. Main idea was to create decentralized money but, for me result is not same as an idea. They are able to manipulate and make huge money and grow every single day.
I will post photo below with top mining pools at the moment.
If you think this has some value, you can share with your friends.
Have a nice day 😉
Crypto Signals via @vote
What is your opinion, do you still think that BTC is decentralized?
No, it isn't – 273
👍👍👍👍👍👍👍 78%
Yes, it is! – 78
👍👍 22%
👥 351 people voted so far.
No, it isn't – 273
👍👍👍👍👍👍👍 78%
Yes, it is! – 78
👍👍 22%
👥 351 people voted so far.
I willbuy now a little bit of ETH because it has chance to hold out and come back over 0.05BTC and make us nice profit soon. If it drops more I will find new potential support and buy there more. Good luck
I am not holding LTC but I think I will buy LTC for holding and hold together with ETH and STRAT on my ledger wallet. You can buy LTC only if you want to to hold it or for short term gain after this downtrend
Check this post about NiceHash and hack attack. The amount of stolen BTC is unknown
https://www.reddit.com/r/NiceHash/comments/7i0s6o/official_press_release_statement_by_nicehash/
https://www.reddit.com/r/NiceHash/comments/7i0s6o/official_press_release_statement_by_nicehash/
reddit
Official press release statement by NiceHash
Unfortunately, there has been a security breach involving NiceHash website. We are currently investigating the nature of the incident and, as a...
It is the midle of the night here but I can not sleep because of this situation. I will post my opinion in few minutes
Yes I was expecting correction and I said 2 days ago to wait few days for buy entry but to be honest I wasn't think that market could crash like this. This was crazy day. BTC from 11.5k up to 13.5k in just 24h is insane. Now, if you have BTC, you can choose what ever you want to buy. You do not have BTC, simply stay strong, it will come back but this day was craziest day in last month or two for sure. All potential supports are broken and this is proof that everything is possible and never say this will hold out for sure because this day is proof why I writing always " Potential support " because it was support but it doesn't mean that will hold out this time too. One more lessone learned, one more time, I expected correction but not like this. I am not type of guy that will say I told you this will happen. Yes I told correction time is comming but not so big.
But one the other side, total volume of crypto world is almost 390 Billion and this is reason why you should stay possitive. Money will come sooner or later into your coins.
Also, you must know that you didn't buy at peak. You buy almost at the bottom it will take few days or few weeks but you will be able to book profit 99% ( I can not say 100% because I will lie then, as I said nothing is 100% guaranteed but buying at the bottom is the safest trade you can make ) Now it is up to you and us to be patient and play smart.
One more time, stay strong because everything will be good soon. 🤗
Good night
But one the other side, total volume of crypto world is almost 390 Billion and this is reason why you should stay possitive. Money will come sooner or later into your coins.
Also, you must know that you didn't buy at peak. You buy almost at the bottom it will take few days or few weeks but you will be able to book profit 99% ( I can not say 100% because I will lie then, as I said nothing is 100% guaranteed but buying at the bottom is the safest trade you can make ) Now it is up to you and us to be patient and play smart.
One more time, stay strong because everything will be good soon. 🤗
Good night
P.S. Tomorrow I will post new charts with new potentail supports because previous are broken
Hello dear friends, I hope you are doing well. I was thinking what is reason for BTC growth and is this growth positive for us or not. I will share my opinion in few minutes so stay tunned
Few days ago BTC has crossed 10k$ and it was big news. All medias shared that info. Number of investors jumped rapidly and that's why we can see total volume over 400 Billion at the moment. But why?
Somebody was watching TW and heard that Bitcoin has crossed 10k$ and it worth more than IBM, Apple, PayPal...
He went to you tube or google to find more information. He found short video about Bitcoin where he got info that it is virtual money with huge opportunity, great chance for investors, it is future and things like that
He started thinking to invest some money because he likes idea and he started to believe in BTC and he bought let's say $1000 worth Bitcoin. He is not alone. Thousands of people did same thing. Why? They saw potential and they decided to join. They do not have any knowledge about TA or FA. They just heard about it and invested.
They saw it is going up and up, maybe I can put more money in? And BTC is going up and up.
But they will try to find every day something about Bitcoin and then they will hear for Eth, then for LTC, then for other crypto currencies and they will think " Okay, I invested in Bitcoin, but I could try with ETH too ". In last few days we got a lot of newbies in our crypto world and day by day they will start investing more and more in ALTs.
What I want to say?
There is not reason to worry. This is current situation and it will be changed. I am not owning a lot of BTC, I have much more moeny in ALTS, but if you ask me, I would like to see BTC at 1 million because it will cause big profit for ALTs holders too because maybe you will be in loss in BTC but you will be in huge profit in USD.
So just be positive, just few weeks total volume was under 200 Billion and today it is 400!!! It will cross 500 easily if continue with this growth but some % of that money will come to ALTs too so I do not see reason to worry.
One more thing, crypto world is still in early stages. Go and ask 100 people in your town and see how many of them know about Bitcoin? This is time for full your bags with ALTs and prepare for ALT season at the beginning of 2018, BTC will stop with uptrend sooner or later so this is time to spend more time to learn trading and then when you get opportunity for trading to test your skills and with my help to make nice profit.
Have a nice day 😉🤗
Somebody was watching TW and heard that Bitcoin has crossed 10k$ and it worth more than IBM, Apple, PayPal...
He went to you tube or google to find more information. He found short video about Bitcoin where he got info that it is virtual money with huge opportunity, great chance for investors, it is future and things like that
He started thinking to invest some money because he likes idea and he started to believe in BTC and he bought let's say $1000 worth Bitcoin. He is not alone. Thousands of people did same thing. Why? They saw potential and they decided to join. They do not have any knowledge about TA or FA. They just heard about it and invested.
They saw it is going up and up, maybe I can put more money in? And BTC is going up and up.
But they will try to find every day something about Bitcoin and then they will hear for Eth, then for LTC, then for other crypto currencies and they will think " Okay, I invested in Bitcoin, but I could try with ETH too ". In last few days we got a lot of newbies in our crypto world and day by day they will start investing more and more in ALTs.
What I want to say?
There is not reason to worry. This is current situation and it will be changed. I am not owning a lot of BTC, I have much more moeny in ALTS, but if you ask me, I would like to see BTC at 1 million because it will cause big profit for ALTs holders too because maybe you will be in loss in BTC but you will be in huge profit in USD.
So just be positive, just few weeks total volume was under 200 Billion and today it is 400!!! It will cross 500 easily if continue with this growth but some % of that money will come to ALTs too so I do not see reason to worry.
One more thing, crypto world is still in early stages. Go and ask 100 people in your town and see how many of them know about Bitcoin? This is time for full your bags with ALTs and prepare for ALT season at the beginning of 2018, BTC will stop with uptrend sooner or later so this is time to spend more time to learn trading and then when you get opportunity for trading to test your skills and with my help to make nice profit.
Have a nice day 😉🤗
I will be online tonight to answer your questions and analyse charts. Be ready 😉
I am back at home, I am going to have a dinner and then share few things 😊
I thought to share few important things but private problems ruined my day so I will do it tomorrow morning ( 5-6 hours from now ). I do not like to say something and don't do it. I am sorry, our session will be shared tomorrow morning😉
Good morning dear friends, I hope you are doing well. I am going to analyze BTC deeply now so I hope it will be valuable for you. Have a nice day