Good news - page 2. | Bitcointalksearch.org

k@suy

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Quote from: ?? on ??

Quote from: fiulpro on August 18, 2020, 07:04:21 AM

If you are thinking of Investing in Bitcoins , now is the time , the hash rate hit an all time high of 130 Eh/s yesterday and we did break through 12k!!

Now in simple words hash rate determines how secure the network is , now resistance of 12k has been already broken and people who brought Bitcoins yesterday are already in profit.

We might start a rally towards 15k

Why is hash rate **all time high** so important ?
_*_
Well due to halving the small miners had to shut down their business and therefore the hash rate dropped , as predicted since they won't be able to pay for the electricity bills with the halved reward , but major companies involved in Mining did overcome this problem and here we are .
_*_

It might be the cause of wrapped BTC tokens being popular or even due to the increasing prices of gold which is causing Investors to shy away from investing in the market.

There are a lot of reasons why we are going forward , but at the end of the day I do believe 2020 is going to be a good year for Bitcoins , hash rate has been compensated for and the resistance has been broken.

Invest !! HOLD!!!

What do you think ??

______
https://news.bitcoin.com/bitcoins-hashrate-hits-record-high-130-eh-s-as-btc-price-faces-resistance-at-12000/

*_*

Where it the logic in there? Because of the hashrate is high you can predict the price of bitcoin will jump skyrocket? Well it will be too easy to make a lot of money then. lol.. Bitcoin cannot being predict but im sure bitcoin will going up as we all hope like that. For newbies do not take the advice straight forward as cryptos market very volatile. Its hard to predict where it will goes. But anything still can be possible also.

You can't predict the status of bitcoin if it's value will go up or down because of it's volatility. Anytime there will be a move on it's value that's why we shouldn't depend on that. We can't say whether it is the perfect time for us to hoard our coins or not. What happened this year is literally a lesson learned for me most especially when everybody had predicted that the halving season will more likely occur on the latter part of the year but it's not. When I sell all of my coins, that is the time before the halving season occurs because I'm too tired of waiting and I can't wait anymore I sell all of my coins without the halving season and I am so dissapointed coz my long time of waiting turns out useless.

int03h

full member

Activity: 532

Merit: 104

Miners have to find a way for bitcoin to increase in value so that they can survive in the cryptocurrency mining industry. Now the number of people who own bitcoins is increasing and the amount of money in their wallets is huge. The number of bitcoins on exchanges is falling. I have confidence by the end of the year bitcoin will explode again and hit higher ATH levels in 2017.

ufaiz50

hero member

Activity: 1666

Merit: 502

I don't think hashrate has a big impact on crypto investing, and it's a bit pushy if hashrate is one of the things for making investment decisions. Predictions are made based on several analyzes but from what I know hashrate is not a very important thing. I agree about the growth of cryptocurrency this year which unfortunately was followed by several economic problems in every country affected by the Covid-19 virus.

carter34

member

Activity: 1302

Merit: 25

Quote from: Beyerd17 on August 21, 2020, 02:28:02 AM

Here is a question for you guys out there, if one did not buy at 4K, why on earth would someone buy at 12k, that would be plain idiocy.

I think it is simply readiness and conviction to buy based on the buyer's analysis. If your indicators to analyse market price tells you it is good to buy now that price is around $12,000, I think I will follow that if it is the right thing to di at this time.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: Cryptoreflector_666 on August 21, 2020, 10:20:35 AM

Quote from: fiulpro on August 18, 2020, 07:04:21 AM

If you are thinking of Investing in Bitcoins , now is the time , the hash rate hit an all time high of 130 Eh/s yesterday and we did break through 12k!!

Now in simple words hash rate determines how secure the network is , now resistance of 12k has been already broken and people who brought Bitcoins yesterday are already in profit.

We might start a rally towards 15k

Why is hash rate **all time high** so important ?
_*_
Well due to halving the small miners had to shut down their business and therefore the hash rate dropped , as predicted since they won't be able to pay for the electricity bills with the halved reward , but major companies involved in Mining did overcome this problem and here we are .
_*_

It might be the cause of wrapped BTC tokens being popular or even due to the increasing prices of gold which is causing Investors to shy away from investing in the market.

There are a lot of reasons why we are going forward , but at the end of the day I do believe 2020 is going to be a good year for Bitcoins , hash rate has been compensated for and the resistance has been broken.

Invest !! HOLD!!!

What do you think ??

______
https://news.bitcoin.com/bitcoins-hashrate-hits-record-high-130-eh-s-as-btc-price-faces-resistance-at-12000/

*_*

Bitcoin is a big swing and if today the price has increased even by 30% it does not mean that tomorrow it can not fall by 50%. You need to monitor the market situation and make decisions about buying or selling at the moment. Long-term currency retention is possible, but even for such long periods (a year or more), volatility is still very high.

These days, guys should consider investing into bitcoin to be 4 years or longer.. of course longer than 4 years is even better.. and so I would question considering anything shorter than 4 years as seriously being long term.. while at the same time, guys who invest into BTC have complete discretion over his investment choices and timeline, so even if a guy might come into bitcoin with a 4-year minimum investment time horizon, such guys can choose to exit some or all of his investment before the 4 year time horizon has run.

Cryptoreflector_666

member

Activity: 728

Merit: 24

Quote from: fiulpro on August 18, 2020, 07:04:21 AM

If you are thinking of Investing in Bitcoins , now is the time , the hash rate hit an all time high of 130 Eh/s yesterday and we did break through 12k!!

Now in simple words hash rate determines how secure the network is , now resistance of 12k has been already broken and people who brought Bitcoins yesterday are already in profit.

We might start a rally towards 15k

Why is hash rate **all time high** so important ?
_*_
Well due to halving the small miners had to shut down their business and therefore the hash rate dropped , as predicted since they won't be able to pay for the electricity bills with the halved reward , but major companies involved in Mining did overcome this problem and here we are .
_*_

It might be the cause of wrapped BTC tokens being popular or even due to the increasing prices of gold which is causing Investors to shy away from investing in the market.

There are a lot of reasons why we are going forward , but at the end of the day I do believe 2020 is going to be a good year for Bitcoins , hash rate has been compensated for and the resistance has been broken.

Invest !! HOLD!!!

What do you think ??

______
https://news.bitcoin.com/bitcoins-hashrate-hits-record-high-130-eh-s-as-btc-price-faces-resistance-at-12000/

*_*

Bitcoin is a big swing and if today the price has increased even by 30% it does not mean that tomorrow it can not fall by 50%. You need to monitor the market situation and make decisions about buying or selling at the moment. Long-term currency retention is possible, but even for such long periods (a year or more), volatility is still very high.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: Beyerd17 on August 21, 2020, 02:28:02 AM

Quote from: ?? on ??

Quote from: Beyerd17 on August 20, 2020, 02:17:20 AM

Comes off as a very risky strategy if you ask me. Trading between 3500 and some 12000 last 12 months. Trading right now near it's highs for the year, hard to tell the price direction going forward. Only thing we can tell for sure is that it is quite expensive right now compared to the rest of the year.

It is not impossible to touch the next high price, and if we take a look at the market now, it seems, the price now is at sideways conditions until the end of this week. Maybe there is a sign for the price to move up and start another rally. We can hope that the price will touch another new ATH in the next week, so we can back to make another profit.

Looking at the chart going back to the month of March, we basically had a rally and whoever bought in cheap might be tempted to secure some (or all) of their profits since price has been stalling lately. Tough to tell the direction short term, but I would tend to think risk is much higher now at sub 12k than sub 4k. Here is a question for you guys out there, if one did not buy at 4K, why on earth would someone buy at 12k, that would be plain idiocy.

Hopefully you did not sell too many of your coins Beyerd17, hoping for lower BTC prices that might not happen....

People buy BTC now, because lower prices might not happen.. and frequently it is better to act to save yourself rather than waiting for someone else to save you.

Sure, lower prices might happen from here, but they might not... We have been in these situations many times in the past in which people failed/refused to buy coins because they speculated that the BTC price might go cheaper, and it did not.

Good luck waiting for your cheap coins, you may well need it. Wink

Beyerd17

full member

Activity: 826

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Quote from: ?? on ??

Quote from: Beyerd17 on August 20, 2020, 02:17:20 AM

Comes off as a very risky strategy if you ask me. Trading between 3500 and some 12000 last 12 months. Trading right now near it's highs for the year, hard to tell the price direction going forward. Only thing we can tell for sure is that it is quite expensive right now compared to the rest of the year.

It is not impossible to touch the next high price, and if we take a look at the market now, it seems, the price now is at sideways conditions until the end of this week. Maybe there is a sign for the price to move up and start another rally. We can hope that the price will touch another new ATH in the next week, so we can back to make another profit.

Looking at the chart going back to the month of March, we basically had a rally and whoever bought in cheap might be tempted to secure some (or all) of their profits since price has been stalling lately. Tough to tell the direction short term, but I would tend to think risk is much higher now at sub 12k than sub 4k. Here is a question for you guys out there, if one did not buy at 4K, why on earth would someone buy at 12k, that would be plain idiocy.

Lizzylove1

member

Activity: 858

Merit: 13

Christ The King

I don't think hash rate is what determines investors psychology of bitcoin investment and would result in bitcoin uptrend, otherwise, everyone would have be banking for this and take a position on this.

raidarksword

member

Activity: 2044

Merit: 16

There is always perfect time to buy and invest on bitcoin and it's never too late to do so. Even small amount will do as a head start for a long term investment and better holdings in the future that will consider as a hidden gem that awaits the price to rise up. It may goes ups and downs but the important things is to have a strongs hands and strong will to withstand the votality of it. As the saying goes "good thing happens those who wait". Nevertheless, this is not a financial advice and always exercise DYOR.

wiss19

sr. member

Activity: 2296

Merit: 348

People that are still afraid to invest in Bitcoin by now are really making a huge mistake. Some people are afraid to invest in Bitcoin even till now, and some of them that don’t want to invest is because they are looking for quick profit and they feel like the price of Bitcoin wouldn’t go up any time soon.

Someone was talking to me about investing in Bitcoin and his main point ? He kept hitting on the question ‘when will price to go up? ’. that question is very annoying and I hate when people keep asking that question, like how the hell am I going to know when the price of bitcoin is going to increase?

jademaxsuy

full member

Activity: 924

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Quote from: thesmallgod on August 20, 2020, 04:48:57 AM

It is mere speculations, just like in the past. The price of bitcoin can go in any direction, irrespective of the hash rate. Currently, the price has dropped back below 12k with little resistance between 11.6k and 11.7k. Unless you buy when it was 12k and sells shortly after a few rises, if not you must be lost by now. When the price of bitcoin break high like this, people take profit which result in price but hopefully ones this barrier is overcomed, then we can go ahead above 12k again

Due to high transactions being made bitcoin transaction fee goes high. The miners service are in demand this time because of the current bitcoin current market price to.which traders are very active. Now for the short term holders may it become lesser for them to sell because they still think of bitcoin to start the bullish market. It may be good so as also to get bitcoin market dynamic.

The current market is already a good news and we will be hoping for better market for cryptocurrency and bullish if possible.

thesmallgod

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It is mere speculations, just like in the past. The price of bitcoin can go in any direction, irrespective of the hash rate. Currently, the price has dropped back below 12k with little resistance between 11.6k and 11.7k. Unless you buy when it was 12k and sells shortly after a few rises, if not you must be lost by now. When the price of bitcoin break high like this, people take profit which result in price but hopefully ones this barrier is overcomed, then we can go ahead above 12k again

YOSHIE

legendary

Activity: 2128

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Quote from: fiulpro on August 18, 2020, 07:04:21 AM

Invest !! HOLD!!!

What do you think ??

It's hard to say, but "do" invest.

Bitcoin is a pretty good asset on the way from year to year, 2020, for me is a good year to start investing as the OP said.
If you look at the price movements so far, Bitcoin prices are always changing all the time, meaning: 2020 is an interesting year so far if I invest, I also do that.

There are other things that make Bitcoin investment in 2020, namely: the 'halving' that happened a few months ago, of course this reason is also the thing that believes this year is the best for investment.

MCobian

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Of course, by successfully breaking the $ 12,000 resistance price, it becomes good news for Bitcoin holders. But if we look right now Bitcoin
correction to the price of $ 11,700 makes some people doubt Bitcoin will continue to rise until the end of the year. Even though price correction
is a healthy thing, and it needs to happen to rise even higher. I agree that the following target Bitcoin will be a rally towards $ 15,000.

JayJuanGee

legendary

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: shoreno on August 20, 2020, 02:35:03 AM

Quote from: ?? on ??

If the price can break $15k this year, that means, our recovery process will be over, and we will make a big profit again when the bull run comes.

for me and to you maybe because we didnt invest last past years where btc is at 20k usd as its too much and rich people can only think of investing on that price . they are the ones that still need to recover .

there are those who loose and needs to recover in the form of investing in btc . these people arent going to profit even of bull run comes because they need to recover thier lost first before thinking of the profit .

There are not too many hypothetical people who are that dumb, who bought BTC at the peak price in late 2017 or early 2018 and sat on their hands for nearly 3 years. Either those likely weak-handed diptwats already sold their BTC, or they continued to buy BTC over the past nearly 3 years, so their average price per BTC is likely quite a lot lower than $20k and may well even be quite a bit lower than our current BTC prices.

Furthermore, even if there might happen to be some dumb people who fit in that category and are planning on selling in the ballpark of the previous ATH, they are likely to be way out numbered by buyers, so sure they can sell, and we have seen how this has played out in the past when BTC returned to previous ATH prices and just zoomed past such previous ATH prices at a relatively quick pace.

shoreno

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Quote from: ?? on ??

If the price can break $15k this year, that means, our recovery process will be over, and we will make a big profit again when the bull run comes.

for me and to you maybe because we didnt invest last past years where btc is at 20k usd as its too much and rich people can only think of investing on that price . they are the ones that still need to recover .

there are those who loose and needs to recover in the form of investing in btc . these people arent going to profit even of bull run comes because they need to recover thier lost first before thinking of the profit .

JayJuanGee

legendary

Activity: 3920

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Self-Custody is a right. Say no to"Non-custodial"

Quote from: Beyerd17 on August 20, 2020, 12:07:55 AM

Quote from: Kelvinid on August 19, 2020, 06:54:32 PM

Quote from: jademaxsuy on August 19, 2020, 05:29:02 PM

Speculation is really something that will likely to happen.

What speculations do you have, another $20k, another ATH?
In a certain thing that it can be possible to happen but unlikely we can't predict it when.

Quote from: jademaxsuy on August 19, 2020, 05:29:02 PM

Btc currently drop some percentage in terms of its market price. The btc market is very hard to predict. It is not mostly going to happen on what we have expected. If expect something great to happen but it did not and it will just cause a stress. So, if I were to invest or believe in something then that will be my own prediction.

In a thing that the market is unpredictable, it is still worthless to think high more than the thing that the market has. Because the market shows huge pumps, then we can say or think that we able to be at ATH gain? Not really is that and it never works that easily.

Quote

This time might be a good time to invest but I think it is better to invest when there is a market crash to happen.

No, I don't think this is a good time to invest Bitcoin, but it is for you to decide and accept the risk. Nothing is the perfect time for investment but much better to start when the market is still low than the situation we have now.

The month of March was a good time to invest in Bitcoin, there was panic in the streets and the price of Bitcoin touched some 3500 dollars. It's had a bull run for the last six months, and the easy profits are already gone. If you didn't invest (more) in March, why should you do so now at almost 12,000 dollars?

Someone who is an accumulation stage in their bitcoin investment would be dollar cost average buying into bitcoin (and perhaps buying on dips), and such person has had 5 months of income that has come to them since March. Therefore, such person would perhaps have money now that such person did not have in March, but presumably that person has been buying BTC all along with a portion of their income that is comfortable for them and depending upon which stage of the BTC investment that person happens to be.

If such person is in a btc accumulation stage, such person is accumulating until s/he gets to the point that s/he feels that s/he needs to be... whether that is a 1% BTC allocation, a 10% BTC allocation or some other amount that is comfortable to such person.

Quote from: Beyerd17 on August 20, 2020, 02:17:20 AM

Quote from: ?? on ??

Quote from: piebeyb on August 19, 2020, 10:18:41 PM

$ 15k for this year I think is a very reasonable price, at least make the small miners switch sides to mine other altcoins and be replaced by the big companies that will mine this bitcoin, it's definitely safer and better, hash power increases because the difficulty level is very high too , after yesterday's bitcoin halving made a little block reward and of course it will be difficult to get big profits

What I think is bitcoin price can pass more than just $15k this year because we already touch $12k, and it's on the way to reach $13k. So I think we will have more possibilities to break more than $15k this year. But unfortunately, we can only predict without knowing if that will happen or not, and we can wait for the time to comes. If the price can break $15k this year, that means, our recovery process will be over, and we will make a big profit again when the bull run comes.

Comes off as a very risky strategy if you ask me. Trading between 3500 and some 12000 last 12 months. Trading right now near it's highs for the year, hard to tell the price direction going forward. Only thing we can tell for sure is that it is quite expensive right now compared to the rest of the year.

Currently, as I type this post, "we" do not know whether BTC prices are more expensive now as compared with the remainder of the year.

Beyerd17

full member

Activity: 826

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Quote from: ?? on ??

Quote from: piebeyb on August 19, 2020, 10:18:41 PM

$ 15k for this year I think is a very reasonable price, at least make the small miners switch sides to mine other altcoins and be replaced by the big companies that will mine this bitcoin, it's definitely safer and better, hash power increases because the difficulty level is very high too , after yesterday's bitcoin halving made a little block reward and of course it will be difficult to get big profits

What I think is bitcoin price can pass more than just $15k this year because we already touch $12k, and it's on the way to reach $13k. So I think we will have more possibilities to break more than $15k this year. But unfortunately, we can only predict without knowing if that will happen or not, and we can wait for the time to comes. If the price can break $15k this year, that means, our recovery process will be over, and we will make a big profit again when the bull run comes.

Comes off as a very risky strategy if you ask me. Trading between 3500 and some 12000 last 12 months. Trading right now near it's highs for the year, hard to tell the price direction going forward. Only thing we can tell for sure is that it is quite expensive right now compared to the rest of the year.

Beyerd17

full member

Activity: 826

Merit: 103

Quote from: Kelvinid on August 19, 2020, 06:54:32 PM

Quote from: jademaxsuy on August 19, 2020, 05:29:02 PM

Speculation is really something that will likely to happen.

What speculations do you have, another $20k, another ATH?
In a certain thing that it can be possible to happen but unlikely we can't predict it when.

Quote from: jademaxsuy on August 19, 2020, 05:29:02 PM

Btc currently drop some percentage in terms of its market price. The btc market is very hard to predict. It is not mostly going to happen on what we have expected. If expect something great to happen but it did not and it will just cause a stress. So, if I were to invest or believe in something then that will be my own prediction.

In a thing that the market is unpredictable, it is still worthless to think high more than the thing that the market has. Because the market shows huge pumps, then we can say or think that we able to be at ATH gain? Not really is that and it never works that easily.

Quote

This time might be a good time to invest but I think it is better to invest when there is a market crash to happen.

No, I don't think this is a good time to invest Bitcoin, but it is for you to decide and accept the risk. Nothing is the perfect time for investment but much better to start when the market is still low than the situation we have now.

The month of March was a good time to invest in Bitcoin, there was panic in the streets and the price of Bitcoin touched some 3500 dollars. It's had a bull run for the last six months, and the easy profits are already gone. If you didn't invest (more) in March, why should you do so now at almost 12,000 dollars?

Topic: Good news - page 2. (Read 971 times)