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    [Daily Discussion] Sunday, September 23, 2018 Bitcoin Markets

    September 23, 2018

    [Daily Discussion] Sunday, September 23, 2018 Bitcoin Markets

    [Daily Discussion] Sunday, September 23, 2018

    Posted: 22 Sep 2018 09:05 PM PDT

    Thread topics include, but are not limited to:

    • General discussion related to the day's events
    • Technical analysis, trading ideas & strategies
    • Quick questions that do not warrant a separate post

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    submitted by /u/AutoModerator
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    [Altcoin Discussion] Sunday, September 23, 2018

    Posted: 22 Sep 2018 09:06 PM PDT

    Thread topics include, but are not limited to:

    • Discussion related to recent events
    • Technical analysis, trading ideas & strategies
    • General questions about altcoins

    Thread guidelines:

    • Be excellent to each other.
    • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
    • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
    • No discussion about specific ICOs. Established coins only.

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    submitted by /u/AutoModerator
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    How to measure Liquidity

    Posted: 23 Sep 2018 02:54 AM PDT

    Understanding liquidity will help you to navigate the pain points when you're considering to buy or sell a particular cryptocurrency, ensuring that you do not incur higher trading costs or inefficiencies that can throw you off guard.

    https://masterthecrypto.com/cryptocurrency-liquidity-measuring-liquidity/

    submitted by /u/aziz2391
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    Does anyone else think the true reason for the crash at start of year is...

    Posted: 23 Sep 2018 06:14 AM PDT

    All of that talk and hype about new bitcoins?

    I don't think altcoins or scam coins deserve the full blame, I believe if no other coin with the name Bitcoin existed it would be well over 30k+ stable right now at the very least.

    There are countless reasons for why this might be but to sum it up people feel Bitcoin is worthless and something is wrong with it when they see Bitcoin Cash or Bitcoin Gold, its too confusing to the masses & makes them see it all as worthless digital currency since there's not only one Bitcoin to have.

    It diminishes the value extremely. Then when everyone starts thinking about investing in alternative bitcoins thinking they will get to $20k too, or being too confused of the implications, scared out of crypto entirely, they remove their money. When BTC starts dropping, everyone starts getting fear of losing all their money so it just keeps going down and down. Then when this happens people have no choice but to take out their shares or they will lose huge amounts of profit made over time.

    The biggest threat to BTC and investors is instability, what creates instability more than talk of a new Bitcoin replacing it entirely in the future? It creates fear and doubt. However when there's none of this and people instead talk about how great Bitcoin is, how much it could revolutionize the world and be the only thing used in the future... it becomes unstoppable, there's no limit to its price and the word of mouth that can spread from this positive talk can bring countless new investors to the market.

    But what happens if they come to the market and see 50 different Bitcoins? They then think "Oh wow... umm. Bitcoin isn't special at all then, hmm which one do I invest in? Sigh just forget it I don't know anything about any of this"

    I never thought something as simple as naming could crash $billions & billions off the market but now that I think about it, this makes sense. Bitcoin was originally created by anonymous users of the internet, and this was the best way for it to be born, the only way. It was created by the people and for the people, not be any entities, it only exist & is controlled by what all the individuals who use it decide. If the price goes to $50k its all because of decisions all of the people who use it themselves made. If it goes to $0 its also because of all of our decisions. The first decentralized currency.

    The good news is that, we have a chance again now learning from our mistakes. Bitcoin can rise again, and periods of stability, especially a long one could be very beneficial to BTC. If everyone started deciding to use BTC to buy & sell things when it was stable 6k to 7k what would happen? Demand would go up again, people will start accumulating thinking it will go up to $20k again, then it actually will. After all at the end of the day BTC is meant to be a currency, and the only way people will get BTC if they don't think it will ever go up again is if they have incentives to spend it as money & trade it for things they can immediately buy now. I am talking small things like a pizza at the mall or pop corn at the movies.

    Conclusion: Bitcoin clones hurt Bitcoin more than every other alt coin combined, alts like ETH actually benefit BTC & crypto in general

    submitted by /u/Infernir
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