Hey Bitcoin Users you are doing a long term trading(Analysis of its Price and Value)
Bitcoin cannot be valued, or it cannot be invested. Bitcoin users can price it, or they can only trade it. So there is a significant difference between value and price. It means that all bitcoin users are doing a long-term trading.
State Bank and Financial services department are also interested in using Bitcoin because it is associated with the requirements of people and even their interest who are cautious about its use. In mid-July 2017, BTC was having worth of 2000 dollars, but I have learned that its worth would go up three times more than before at the end of October.
BTC is getting a lot of favor from business holders and especially from the UK government which is trying for the maintenance of BTC's regulation because the digital currency is already facing issues like theft from digital currency exchange and sometimes money laundering.
Thank you for taking the trouble to post your technical analysis.
thanks for your kind comment @machv
If ya'll want a strong investment plan visit https://bitpetite.com/?aff=kipling(bitpetite) Its a bittumbler that privatizes btc transactions using other currencies. You as an investor get paid dividends from fees they charge people to use their service.
You can invest your BTC, ETH, LTC and or XMR into bitpetite for either;
6 weeks - 4.5% daily and 1 % on weekends. Total return - 147% (47%, 100% being your original investment)
9 weeks - 3.6% daily 1% on weekends. Total return - 180% (80%, 100% being your original investment)
They recently updated their server to allow almost instantaneous withdrawals - you get paid hourly through dividends and can withdraw on demand. (within the minimum amount which is less than 5 dollars)
I would deem it low - medium risk as of now -
Good luck and happy investing :)
img credz: pixabay.com
Nice, you got a 5.0% @minnowbooster upgoat, thanks to @hamzayousaf
Want a boost? Minnowbooster's got your back!
The @OriginalWorks bot has determined this post by @hamzayousaf to be original material and upvoted(2%) it!
To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
This wonderful post has received a bellyrub 16.86 % upvote from @bellyrub thanks to this cool cat: @hamzayousaf. My pops @zeartul is one of your top steemit witness, if you like my bellyrubs please go vote for him, if you love what he is doing vote for this comment as well.
If ya'll want a strong investment plan visit https://bitpetite.com/?aff=kipling(bitpetite) Its a bittumbler that privatizes btc transactions using other currencies. You as an investor get paid dividends from fees they charge people to use their service.
You can invest your BTC, ETH, LTC and or XMR into bitpetite for either;
6 weeks - 4.5% daily and 1 % on weekends. Total return - 147% (47%, 100% being your original investment)
9 weeks - 3.6% daily 1% on weekends. Total return - 180% (80%, 100% being your original investment)
They recently updated their server to allow almost instantaneous withdrawals - you get paid hourly through dividends and can withdraw on demand. (within the minimum amount which is less than 5 dollars)
I would deem it low - medium risk as of now -
Good luck and happy investing :)
Excellent post @hamzayousaf.
As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!
This post has received a 1.39 % upvote from @buildawhale thanks to: @hamzayousaf. Send at least 0.50 SBD to @buildawhale with a post link in the memo field for a portion of the next vote.
To support our daily curation initiative, please vote on my owner, @themarkymark, as a Steem Witness
Thank you for your commentary. Can you help me by defining the phrase "long-term trading"? My concern here is how long is the long term -- that is what is its minimum length.
Once we decide how long (minimum length) is the long term, do we have a strong basis for claiming that all but Bitcoin users are trading with that type of time horizon in mind?
Concerning money laundering, isn't cash trading (or using cash to buy real goods or services ) a better basis for money laundering than using Bitcoin, where the addresses at which large payments are received are knowable by everybody?
it means that it will not go down. because its future is bright so its users should be satisfied
Thanks. Your definition of people doing "long-term trading" brings to my mind the alleged class of buy-and-hold investors, a terminology widely used in stock market land. If you really mean buy-and-hold, then I think you should re-examine your proposition that we are all doing that with regard to Bitcoin. Just consider for example what this space is going to be like when it is dominated by robot trading, as is now the case in the stock market.
Congratulations @hamzayousaf, this post is the tenth most rewarded post (based on pending payouts) in the last 12 hours written by a User account holder (accounts that hold between 0.1 and 1.0 Mega Vests). The total number of posts by User account holders during this period was 1660 and the total pending payments to posts in this category was $2044.19. To see the full list of highest paid posts across all accounts categories, click here.
If you do not wish to receive these messages in future, please reply stop to this comment.