Topic: How Bitcoin is doing? - page 3. (Read 440 times)

I think that now you can start to buy bitcoin. I think that the price should increase in the near future

Well after a big sell of BTC, It's only natural for it to have a dump. I guess it needs some time for recovery. there's a big supply right now, and i know that gradually it will recover sine the tokens need to circulate and investors are still putting effort to pump BTC. Though the recovery is gradual I'm still positive that BTc is on an increasing trend.

I think a very good price is now on bitcoin and it will grow, very soon bitcoin should be more than 10 000

In the end, the answer to the question "where the price of bitcoins comes from" and why it is worth so much, you can say that it is ultimately worth as much as people buy and sell it. This is often just as much a matter of human psychology as economic calculation. Do not let emotions dictate your actions on the market; this is best achieved by defining and sticking to the strategy. If your goal is to collect Bitcoin, it is a good idea to set a fixed amount every month to buy bitcoins, regardless of the price. Over time, this strategy (known as dollar cost averaging) will allow you to accumulate bitcoins at a decent average price, without the stress associated with attempts to predict sometimes wild fluctuations in the price of Bitcoin.

I think that there is still a possible fall, of course if the news on the consensus will be good but he has grown back but today tomorrow I think may fall

I think bitcoin is going well again. Despite its current price, I have good expectations from it. I think it has a great potential to reach much more better prices than its current price, and I hope that it will rise again very soon.

Basic for new users
As a new user, you can simply start using Bitcoin without having to understand the technical details. After you install the Bitcoin wallet on your computer or mobile phone, it automatically creates your first Bitcoin address and you can create more addresses whenever you need them. You can give your Bitcoin address to your friends so they can pay you or vice versa. Very similar to how email works, except that the Bitcoin address can only be used once.

Balance - chain-block
The blocks are a common transactional note in which the Bitcoin network rests. All confirmed transactions are included in the chain-blocks.

Transaction - private key
A transaction is a transfer of value between a Bitcoin wallet that is included in a chain-block. The Bitcoin wallet stores a secret section of data called a private key, used to sign transactions, providing mathematical proof that it is true that the owner of the wallet is transacting. Signatures also prevent transactions from being changed by anyone after they are published.

Processing - mining
Mining is a distributed agreement system used to confirm transaction queues by inserting them into chains. Mining arranges chronological sequences in chain-blocks, protects network neutrality, and allows different computers to agree on the state of the system. To be confirmed, the transaction must be wrapped in a block that fits the very strict cryptographic rules and will be verified by the network.

Bitcoin is strong the 8200$ target has held pretty nicely and I think that we can go above 10000$ pretty soon. My end year prediction is bitcoin for 20000$ and ethereum for 5000$.

Bitcoin is not performing as it should be by the standard that it is the leader in cryptocurrency. It is more good to invest in altocoins than bitcoins. Since the beginner year , bitcoins has failed to cross the $10,000 and stayed there for a month. It is currently trading around 700 USD and is confirmed how terrible it has been.

Bitcoin, and the market in general, seem to be doing well so far. Yes we had that drop, and bitcoin is still having a hard time to move above the $10k mark, but I think we are still on the path of leaving the down trend we entered at the beginning of the year.

Once again, this flash drop seems to be connected to another fund liquidation from Mt.Gox, and there is also the investigation around Upbit. It didn't last long, and it seems that the recovery has resumed once again. Let's see if it continues.

I think the correction of the market will soon be over. Bitcoin will start to rise in May. Let's hope for it.

In my opinion bitcoin is doing fine. Its true that sometimes its price go up and down but it is quite natural in crypto world.People are getting more benefit day by day and as a result its is getting more and more popular. I hope that it will do much better in the future.

The volatility is still not gone completely. But I hope, by the end of this year it would be gone and the prices would be high again. Let's see what happens.

How Bitcoin is doing?

Despite a short recovery a few days ago, chart analyzes still show that bitcoin (BTC) is still in a state of volatility and is on the edge of falling now. The current price of BTC is: $8.483,55

This cryptocurrency has broken the downward momentum on last Wednesday, due to a divergence of the RSI and also showed a pullback from the recent high of $ 9,990 ended at a low point of $8,980
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The momentum break could give investors more hope for a stronger move towards the goal $9,767 (April 25 highs) or even higher, $10,000.

However, the price has stopped at around $8.483,55 dollars in the past 15 hours and is a challenging task to break through it at this point.

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