Cryptocurrency

37% fall in Bitcoin value so far this month | Business News | Latest English News | WION



Bitcoin that has lost nearly about 57 percent of its value so far this year and 37 percent just this month has been on the edge since this morning. The world’s largest cryptocurrency crashed last week as investors feared a contagion from major crypto players.

#Bitcoin #Cryptocuurency #WorldNews

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26 Comments

  1. <I respect your work mate. TA Is all well and good but I find it truly baffling that all major crypto youtubers just look at pure TA and completely Ignore the bigger narrative of why BTC is dumping and why the future outlook might not be as rosy as it seems. It's kinda irresponsible to Ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC.. We were already on shaky footing with historically low volume and almost pure whale pumps, narrowly avoiding a long-term bear market.This is the worst possible time in history to Invest as so many don't back up their crypto assets…more emphasis should be put into day tradiing as It is less affected by the unpredictable nature of the Market. I have made over 11btc from day tradng with Wim Steven , insights and signals In less than 3 weeks, this is one of the Best medium to backup your assets incase it goes bearish..

  2. Perfect informative video. crypto market structure keep going down perharps huge profits is been made by experts. Heard that holding ain’t a smart move on the short run please any ideal on how to make better profits in the market.

  3. I have told some people to get for months now but they didn't listen.
    I was telling them that Countries are talking about doing their own and if they do, it will make Bitcoin garbage. I even posted it but I was told that I don't know what I am talking about… 😂😂

    I bet that guy who said that to me is thinking about what I said now 🤣

  4. Bitcoin and other crypto currencies are not currencies. They are highly volatile speculative liquid investments comprised of nothing more than an encrypted computer entry that is recorded and traded for money. True currency is a dynamic chose in action whose value is derived from transactions in the marketplace. A dollar is worth a dollar because someone is willing to pay you a dollar for a product or service or as a wage. The amount a crypto coin is worth is based on purchases of the crypto currency itself and bears no relationship to goods and services traded in the marketplace. Its value results from a purchaser paying the asking price for the coin. Holders of crypto coins are purchasers, not depositors, as they would be if they placed their money into a bank account. That a holder may spend all or part of it does not make it a currency because the merchant is actually taking the crypto currency in barter.

    The nature of the technology by which crypto currency is produced enables it to evade the laws that govern financial instruments and investments. These devices have been described as tokens, which is somewhat fitting, albeit skirting the legal definition.

    A currency must have a relatively stable value like the dollar in order to be useful in business. Whether money is represented by a metal coin, paper currency or digital currency (a computer entry) is irrelevant. The principle remains the same. Genuine money is created from activity in the marketplace. Its supply requires national central management in response to population level, foreign trade, etc. Decentralized crypto currencies employing block chain technology are de facto ponzi or pyramid schemes, as these bear no relationship whatsoever to value created as a result of someone buying and paying for a product or service. Their price is determined solely by the purchaser agreeing to pay the sum demanded by the seller.

    New coins are continually being released at a controlled rate and given away free to the party that guesses their code. That is referred to as mining. This dilution of value is obscured by speculative purchases and by new entrants playing the game. In the final analysis, the true nature of crypto currency is that of an online game.

    Much has been said about the security feature of block chain technology. That it is tamper proof is a vital ingredient of the sales pitch for this product. That a crypto currency employs block chain technology is not an indicator of the integrity of the product itself. A worthless coin enjoys a similar degree of protection from hacking and counterfeiting as one of high value.

    A chain is only as strong as its weakest link. The founder of an exchange died suddenly. No one else had the keys to the cold wallet that was on his laptop computer that held $145,000,000 of client’s coins. These cannot be recovered.

    The purchaser pays for what is nothing more than a computer entry having faith that at some future time he will be able to sell access to this particular entry to an online ledger to someone else for a sum equal to or higher than what it cost him. Exchanges earn a commission from the process. Miners are rewarded with newly minted coins for maintaining the ledger. Holders of coins are vulnerable to loss. Hard drives do crash.

  5. Crypto is nothing but encapsulated computer code used in transactions to buy goods and services. It's intrinsic value is zero, only fools prop it up…there is more value in the actual paper and metal used in fiat currencies.

  6. As He sat on the Mount of Olives, the disciples came to Him privately, saying, “Tell us, when will these things be, and what will be the sign of Your coming and of the end of the age?” Jesus answered them, “Take heed that no one deceives you. For many will come in My name, saying, ‘I am the Christ,’ and will deceive many. You will hear of wars and rumors of wars. See that you are not troubled. For all these things must happen, but the end is not yet. For nation will rise against nation, and kingdom against kingdom. There will be famines, epidemics, and earthquakes in various places. All these are the beginning of sorrows. Then they will hand you over to be persecuted and will kill you. And you will be hated by all nations for My name’s sake. Then many will fall away, and betray one another, and hate one another. And many false prophets will rise and will deceive many. Because iniquity will abound, the love of many will grow cold. But he who endures to the end shall be saved. And this gospel of the kingdom will be preached throughout the world as a testimony to all nations, and then the end will come.” Matthew 24:3‭-14 MEV
    (OBS: In the age of technology, the good news of the kingdom can reach the whole world.)

    There will be signs in the sun and the moon and the stars; and on the earth distress of nations, with perplexity, the sea and the waves roaring; men fainting from fear and expectation of what is coming on the inhabited earth. For the powers of heaven will be shaken. Luke 21:25-26 MEV

    (OBS: In the age of technology, men know what is happening on the inhabited earth, no longer are they limited by local information.)

    Immediately after the tribulation of those days, the sun will be darkened, the moon will not give its light; the stars will fall from heaven, and the powers of the heavens will be shaken. Then the sign of the Son of Man will appear in heaven, and then all the tribes of the earth will mourn, and they will see the Son of Man coming on the clouds of heaven with power and great glory. And He will send His angels with a great sound of a trumpet, and they shall gather His elect from the four winds, from one end of the heavens to the other. Matthew 24:29‭-31 MEV

    (OBS: This is the sixth seal of the book of Revelation, pay much attention here, because the signs of the sixth seal >match< the signs of Matthew 24:29-30, the sixth seal is when the rapture happens; before the great tribulation, before the seven trumpets.)

    When these things begin to happen, look up and lift up your heads, for your redemption is drawing near. Luke 21:28 MEV

    Because you have kept My word of patience, I also will keep you from the hour of temptation which shall come upon the entire world, to test those who dwell on the earth. Revelation 3:10 MEV

    (OBS: Rapture before the time of temptation, which will be the government of the antichrist during the great tribulation.)

    For the Lord Himself will descend from heaven with a shout, with the voice of the archangel, and with the trumpet call of God. And the dead in Christ will rise first. 1 Thessalonians 4:16 MEV

    (OBS: Rapture when the trumpet is sounded by God, just as Matthew 24:31 says. It is not the seventh trumpet, which is sounded by angel.)

    For as in the days before the flood, they were eating and drinking, marrying and giving in marriage, until the day Noah entered the ark, and did not know until the flood came and took them all away, so will be the coming of the Son of Man. Matthew 24:38‭-‬39 MEV

    (OBS: People will not be eating and drinking and marrying during the great tribulation, therefore, rapture will happen before the great tribulation, when people are still distracted.)

    When they say, “Peace and safety!” then sudden destruction will come upon them as labor upon a woman with child, and they shall not escape. 1 Thessalonians 5:3 MEV

    (OBS: Sudden destruction near the rapture.)

    For the mystery of lawlessness is already working. Only He who is now restraining him will do so until He is taken out of the way. Then the lawless one will be revealed, whom the Lord will consume with the breath of His mouth, and destroy with the brightness of His presence, 2 Thessalonians 2:7 MEV

    (OBS: Who is restraining the antichrist from revealing himself? Who is stopping the antichrist from rising? The adopted sons of God; the Holy Spirit in them, to be precise! When the elect are raptured, the antichrist will be free to take over. Rapture will trigger the great tribulation and the government of the antichrist.)

    Two will be in the field; one will be taken, and the other left. Two women will be grinding at the mill; one will be taken, and the other left. Matthew 24:40‭-41 MEV

    (OBS: Rapture.)

    Know this first, that there shall come scoffers in the last days who walk after their own lusts, and say, “Where is the promise of His coming? For since the fathers fell asleep, all things have continued as they were since the beginning of the creation.” 2 Peter 3:3‭-4 MEV

    (OBS: Apostasy of the last days, when more and more men are denying God and going after their own sinful desires.)

    But the day of the Lord will come like a thief in the night, in which the heavens will pass away with a loud noise, and the elements will be destroyed with intense heat. The earth also and the works that are in it will be burned up. 2 Peter 3:10 MEV

    (OBS: The destructions that will happen near the rapture, just as the days of Sodom and Gomorrah; the righteous is rescued and the judgements are poured upon the wicked, and “like a thief in the night” means it will happen when you do not expect, “heavens will pass away” means the sky will vanish as a scroll that is being rolled up, which is mentioned in Revelation 6:14 and Isaiah 34:4.)

    In a moment, in the twinkling of an eye, at the last trumpet, for the trumpet will sound, the dead will be raised incorruptible, and we shall be changed. 1 Corinthians 15:52 MEV

    (OBS: People around the world have been hearing trumpets from the sky in different times, it has been happening for a few years. When the last trumpet sounds, the redeemed will be rescued and the great tribulation will begin. The last trumpet here is not the seventh trumpet; the seventh trumpet is sounded by angel and the rapture trumpet is sounded by God.)

    He causes all, both small and great, both rich and poor, both free and slave, to receive a mark on their right hand or on their forehead, so that no one may buy or sell, except he who has the mark or the name of the beast or the number of his name. Revelation 13:16‭-17 MEV

    (OBS: In the last days, no one will be able to buy or sell without a mark from the government/beast of the antichrist, which will take place during the great tribulation, which is at the door.)

    And I will give power to my two witnesses, and they will prophesy for one thousand two hundred and sixty days, clothed in sackcloth. Revelation 11:3 MEV

    When they have finished their testimony, the beast that ascends from the bottomless pit will wage war against them and overcome them and kill them. Revelation 11:7 MEV

    Those from every people and tribe and tongue and nation will see their dead bodies for three and a half days, and will not allow their dead bodies to be put in graves. Revelation 11:9 MEV

    (OBS: People all over the world will be able to see, this could only happen in the age of technology.)

    But you, Daniel, shut up the words and seal the book until the time of the end. Many shall run to and fro, and knowledge shall increase. Daniel 12:4 MEV

    (OBS: In the last days, many people travel to many places and knowledge is increased.)

    For God so loved the world that He gave His only begotten Son, that whoever believes in Him should not perish, but have eternal life. John 3:16 MEV

    Behold the Lord of lords is coming soon, repent now of all your sins — depart from all sins — and abide in the only Savior and Lord Jesus the Christ (Yeshua the Messiah) with all your heart, for the kingdom of heaven is at hand.

  7. The market will separate the long-term wealth builders from the get-rich quick-minded people real fast! Just like Kelvin O'Leary said, 'someone must get to Zero for the recovery to begin' i foresee a more crash and depression unless the Regulations happen fast.

  8. Predicting< a reversal of a trend is risky, and even worse, I believe there is more to this market than we understand currently. When people are losing, they don't aim to increase their average, but that can only change if you have a personal trade guide and signal provider like that of Anika Hobson which has made me almost 9.5 on a 2 btc Trade capital over the last 3 months. Make the wise decision. Markets fluctuate in cycles that can last anywhere from a few days to several years. In the case of B -TC, it's difficult to make a bullish case simply from looking at the charts.

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