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    Author Topic: Next big news?  (Read 886 times)

    • jostorres
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    April 28, 2021, 08:42:36 PM
     #81
    Quote from: ultrloa on April 27, 2021, 12:13:58 PM
    There are so many adoption happening in Asia which really gives a good exposure to people who doesn't know about it and provably we can see more from it as many investors now are putting their trust to bitcoins at this moment. Hopefully we cannot see more dumps like crazy fast slide so that those businessman will flip their decision to embrace bitcoin unto them. But if the giants you mention will announce bitcoin to be accepted on their platform provably we can see the price surge up more faster.
    I think that should happen everywhere in the world but the finances allows Asians and Africans to be a lot more in front. I am sort of Asian myself (my nation is in Asia but not what you consider when people say Asia) and I see people very interested in crypto because when you turn $100 into $200 that is a good amount of money in my nation, and in crypto it is easy to do that, well at least in the bull run. Sure there are a lot of people who lose money as well, I have seen people who commit suicide because they did 100x leverage with all of their life savings and that is bad, but I have seen more people who made money than people who lost money.

    Long story short we are in a situation where if you are American and make 60k+ dollars you do not care about risky investments, you are already doing alright, whereas for people like me this could be difference between working versus early retirement.
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  • snipie
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    April 28, 2021, 08:58:41 PM
     #82
    Quote from: CoinFoxs on April 28, 2021, 04:27:50 PM
    Good news is on the way as people start accepting bitcoin and showed their interest towards bitcoin it will definitely effect the market and bitcoin will again reach its all time high price. Currently trading at 54k$ and will cross 60k$ in 2-3 days.
    Consolidation this time will take longer time imo. Seeing $60k again in May and maybe +$65k in the summer Wink
    I find consolidation above $50k most of the time ($48-49k for a while to be accurate) as interesting and let us more confident.
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  • Questat
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    April 28, 2021, 11:29:25 PM
     #83
    Quote from: snipie on April 28, 2021, 08:58:41 PM
    Quote from: CoinFoxs on April 28, 2021, 04:27:50 PM
    Good news is on the way as people start accepting bitcoin and showed their interest towards bitcoin it will definitely effect the market and bitcoin will again reach its all time high price. Currently trading at 54k$ and will cross 60k$ in 2-3 days.
    Consolidation this time will take longer time imo. Seeing $60k again in May and maybe +$65k in the summer Wink
    I find consolidation above $50k most of the time ($48-49k for a while to be accurate) as interesting and let us more confident.
    And now, I lose the confidence that Bitcoin will drop so hard this time. I was thinking that when it started to decline in the past days but somehow, it rallies back and nearly touches $60k again.

    This 2nd quarter might be full of hopes and positive predictions that it stays Bullish. But I hope not because honestly, I was looking for an opportunity to reinvest when the market will dump again. I, maybe a lot of people are waiting for this, the bullish season is too long enough to keep the celebration, though.
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  • Baofeng
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    April 28, 2021, 11:40:23 PM
     #84
    This is the next big news: Nexon Purchases $100 Million Worth of Bitcoin.

    So a Japanese company started to dab their hands on bitcoin and purchase new amount as hedge to their balance sheet. The market didn't feel it right away, but this is for the long term investments so we will have to wait and see. They bought it as $58k though, and at the current price, they are still in the negative. Nevertheless they say that they are here for the long term like every other big institutions and companies as well.
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  • Oilacris
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    April 28, 2021, 11:50:50 PM
     #85
    Quote from: Questat on April 28, 2021, 11:29:25 PM
    Quote from: snipie on April 28, 2021, 08:58:41 PM
    Quote from: CoinFoxs on April 28, 2021, 04:27:50 PM
    Good news is on the way as people start accepting bitcoin and showed their interest towards bitcoin it will definitely effect the market and bitcoin will again reach its all time high price. Currently trading at 54k$ and will cross 60k$ in 2-3 days.
    Consolidation this time will take longer time imo. Seeing $60k again in May and maybe +$65k in the summer Wink
    I find consolidation above $50k most of the time ($48-49k for a while to be accurate) as interesting and let us more confident.
    And now, I lose the confidence that Bitcoin will drop so hard this time. I was thinking that when it started to decline in the past days but somehow, it rallies back and nearly touches $60k again.

    This 2nd quarter might be full of hopes and positive predictions that it stays Bullish. But I hope not because honestly, I was looking for an opportunity to reinvest when the market will dump again. I, maybe a lot of people are waiting for this, the bullish season is too long enough to keep the celebration, though.
    Why people do keep complaining? Why not just cherish out these bullish movements for you to make money without the need on waiting for some dips? No doubt that lots had been waiting for the dip

    but it seems the market cant really be taken down easily because if its been corrected then it do eventually make out some recovery afterwards which it isnt really that surprising.

    Its really hard to determine on we are already starting neither a bullish or bearish run until we do experience it to ourselves.We would really expecting some news since adoption
    is already on the move as the years passed.

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    April 29, 2021, 05:15:14 AM
     #86
    Hi guys,

    This news is not that it is good or bad, but it serves to clarify especially for those who believed that Facebook had bought Bitcoin or that it had in Hodl mode:

    Facebook Quashes Rumors About Holding Bitcoin on Its Balance Sheet

    Quote
    Facebook hasn’t announced a massive Bitcoin purchase that many were expecting during its earnings call.

    As reported by U.Today, multiple social media accounts started posting about the social media giant possibly holding BTC on its balance sheet. The unconfirmed rumor even made it to Fox Business on Apr. 28.     


    Source: https://u.today/facebook-quashes-rumors-about-holding-bitcoin-on-its-balance-sheet

    Although this is a shame, because having Facebook as an ally due to the number of people it handles in its data would be something very spectacular, however I think that at the least expected moment Facebook will have to surrender to the charms of Bitcoin.
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  • Congyang
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    April 29, 2021, 07:55:26 AM
     #87
    Quote from: KryptoKings on April 08, 2021, 08:40:47 AM
    Btc is hovering between $56k to $58k, it needs some more good news to cross this $60 mark.
    After PayPal, which next business giant is going to endorse Bitcoin?
    What should we expect in coming days that can push btc to more adoption and expedite it's March towards $1 million?
    look at the bitcoin market is now experiencing a correction in the price of $ 53 according to the list on coinmarketcap. this translates to a $ 3k drop from the $ 56k price range you wrote down. So I think it's a great start for bitcoin to go through various stages and it looks like bitcoin could go higher in the future

  • shoreno
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    April 29, 2021, 08:22:55 AM
     #88
    Quote from: KryptoKings on April 08, 2021, 08:40:47 AM
    Btc is hovering between $56k to $58k, it needs some more good news to cross this $60 mark.
    what good news can do , attract people to invest ? but they dont have the ability to invest in thier own . good news or not , the price could still increase .

    Quote from: KryptoKings on April 08, 2021, 08:40:47 AM
    After PayPal, which next business giant is going to endorse Bitcoin?
    nobody knows unless if your part of a big company and your involve in thier plans but one thing is sure and that is paypal wont be the last big company that enters bitcoin .

    Quote from: KryptoKings on April 08, 2021, 08:40:47 AM
    What should we expect in coming days that can push btc to more adoption and expedite it's March towards $1 million?
    instead of waiting and expecting why not do something to help btc adoption grow  . thats the only way the price climb but not 1 million easily .

  • darewaller
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    April 29, 2021, 03:33:03 PM
     #89
    Quote from: Congyang on April 29, 2021, 07:55:26 AM
    look at the bitcoin market is now experiencing a correction in the price of $ 53 according to the list on coinmarketcap. this translates to a $ 3k drop from the $ 56k price range you wrote down. So I think it's a great start for bitcoin to go through various stages and it looks like bitcoin could go higher in the future
    Yeah, right now bitcoin is trading below $54k levels. But, how it will be a great start? I am little confused to understand what exactly you are referring to.

    As per my technical things, bitcoin was struggling to break resistance around $57k levels and when it was failing to break resistance then we can easily expect it to coming down to immediate support zone which is around $52k levels. This is unusual market movement and it is showing market is expecting some trigger to happen so that it may break resistance levels easily.

  • KryptoKings (OP)
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    May 21, 2021, 10:17:36 AM
     #90
    Quote from: darewaller on April 29, 2021, 03:33:03 PM
    Quote from: Congyang on April 29, 2021, 07:55:26 AM
    look at the bitcoin market is now experiencing a correction in the price of $ 53 according to the list on coinmarketcap. this translates to a $ 3k drop from the $ 56k price range you wrote down. So I think it's a great start for bitcoin to go through various stages and it looks like bitcoin could go higher in the future
    Yeah, right now bitcoin is trading below $54k levels. But, how it will be a great start? I am little confused to understand what exactly you are referring to.

    As per my technical things, bitcoin was struggling to break resistance around $57k levels and when it was failing to break resistance then we can easily expect it to coming down to immediate support zone which is around $52k levels. This is unusual market movement and it is showing market is expecting some trigger to happen so that it may break resistance levels easily.
    Now that BTC is at $40k, we need some next good news to give it a push. In crypto, one good news doesn't give that much push that one bad news give pull to.
    We hope we don't hear any negative news as that can bring down BTC at $30k.
    Although it can give opportunity to many new people to enter BTC market at low price, it will also help whales accumulate more.

  • Kong Hey Pakboy
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    May 21, 2021, 10:30:26 AM
     #91
    Quote from: KryptoKings on May 21, 2021, 10:17:36 AM
    Now that BTC is at $40k, we need some next good news to give it a push. In crypto, one good news doesn't give that much push that one bad news give pull to.
    We hope we don't hear any negative news as that can bring down BTC at $30k.
    Although it can give opportunity to many new people to enter BTC market at low price, it will also help whales accumulate more.
    We just have to wait but you are right that we need good news with all this panic incurred by Elon, China, Binance investigation and general public panic selling, I do think we need to be given some break but I don't think that we don't have any right to ask for it. If the prices go down then so be it, we have nothing to worry if it goes down because of negativity, the market will go back up as long as there are demands.
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  • CapGelatik
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    May 21, 2021, 03:27:33 PM
     #92
    today big news has come mate haha, yup from China again and again, news of FUD from China made Bitcoin under $ 40k again,
    it seems like it's hard to breakout from $ 42k huh ?, hmm FUD comes when BTC is on fire to breakout and the result fail,
    beware mate, maybe dump coming again., just hold 50% from your capital and you will be safe
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