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Market conditions and Viacoin
As i am writing Bitcoin dips again, i hope we can sustain the 8000 satoshi level for Viacoin. Where the bottom lies for Bitcoin? nobody knows.Is this market manipulation? yes probably if you ask me. In my opinion they are confusing the markets, and a lot of people will impulse trade. I'm going to be fair, i lost a decent amount of money but sold nothing and will not sell, even if it meant to be that i lost everything what i have invested. Yes, it sucks to lose hard earned money, definitely if you have not much to spend each month, and what you can spend you bought cryptocurrency for it recent months. But i am not seeking compassion here, i did it myself, and tought the market was slowly recovering, well we all know how that turned out. Thats why i am thinking this is pure market manipulation, after this peak in 2017/2018 there where these support levels around 6000, than in the end almost a straight line just above support. Than suddenly it crashes way below, so a lot people including me, intented it either was slowly recovering or was still in the bear cycle but not at a speed like this. Also the price of BTC jumps to little after a decline like this, it is more like the decline and than it is sustained. But i am convinced it will recover, there's to much going on in the cryptocurrency space. Just to make a few examples:
But with a decline like this, there are also coming some positives.
You have the chance if you bought cryptocurrency for a higher price, to decrease your dollar average drastically.
But never put in to much, if you have let say 100 dollars, it's better to buy 4 x 25 dollars than all at once, don't be in a hurry.
There's probably coming a whole new audience, that are going to see chances and will buy cryptocurrency.
And the crypto-community will become bigger.
Also have a close look to the wealth-distribution charts, the ones with a very large wallet, probably will sell a x percentage of their funds, and smaller investors pick that up, making it better distributed, what in the long term provide for more liquidity.
Is my opinion changed about Viacoin with the recent price changes? Not at all, 90% of my holdings are in Viacoin.Because it has all the features, what i think are important. Also i am realy thrilled to see when market recovery occurs, how fast viacoin will recover, if my thought about no inflation is right, viacoin should recover faster than others. Because with cryptocurrency that have a higher inflation, the miners have much more to sell, before the price will increase. But that aside. I am convinced people who have invested or received Viacoin from friends or whatever, are going to stick with it. It's a great working product, easy to use, sending and receiving is almost instant without using LN and the android copay wallet is ready to use within 2 minutes. A big plus for me is also that it is trading on Binance one of the biggest exchanges in the world, and with a BNB trading pair, which not all coins have ! And patiently waiting for all the updates that are coming like: The lightning network what is going to be released in the near future, also the anonymous samourai wallet. And a lot more ! Few examples: Styx anonymous transactions - Schnorr signatures - MAST - Smart contracts - Submarine swaps - Colored coins But we will see how thing will turn out. Thanks for reading and i will see you next time in what market conditions that may be ! Bye
Binance Coin is up 5.45% in the last 24 hours. The current CoinMarketCap ranking is #7, with a market cap of $4,178,467,593 USD. It has a circulating supply of 144,406,561 BNB coins and a max. supply of 176,406,561 BNB coins. The top exchanges for trading in Binance Coin are currently GokuMarket, Binance, Binance.KR, BitZ, and HBTC. Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world.Also, keep up with your holdings, BCH and other coins, on our market charts at ... BTC/USDT Binance price chart in real-time. Stats on multiple timeframes, order book, news and trollbox. Coinalyze. Futures Data. Individual Charts; Global Charts; Technical Analysis. Bitcoin Ethereum Ripple Bitcoin Cash Chainlink Binance Coin Litecoin Cardano Bitcoin SV EOS Monero Tron Stellar Lumens Crypto.com Coin Tezos UNUS SED LEO NEO NEM Cosmos Iota VeChain Dash THETA ZCash Ethereum ... BTC USD (Bitcoin / US Dollar) This is the most popular Bitcoin pair in the world. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of Bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls this cryptocurrency and everyone can take part. Bitcoin price grew ... TradingView UK. View live Binance Coin / Bitcoin chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well. However, for traders that want to view historical and live price charts, Binance provides a classic and advanced mode that both use Tradingview charts. We will be using the classic version. On the right, all of the crypto pairs are listed to trade. It’s very easy to switch between Bitcoin, altcoin and fiat currency pairs using the top menu ... Join Binance as they kick off their third anniversary with one of the biggest blockchain events of the year with “Off the Charts!” Virtual Conference, a blockbuster 10-hour live event with multi-regional programming that brings together 80+ influential speakers, including leading blockchain and crypto innovators, business and technology leaders, influential academics, and key policymakers. Binance trade volume and market listings
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