I think the reason for the sell-off in coins has more to do with the US income tax rulings than anything else. People who don't want to be hassled by the govt are cashing out a portion to pay their expected tax bills, thus the market is taking a dip. That's what I've been doing, taking some profits to keep Uncle Sammy off my back.
No, there are many. All their investments were converted to BCC then intructed to transfer them to newly built exchange named BitconnectX but the problem will people buy this?
Spot on on how a stock guy would get shaken out as a 10% move is just a cryptos fart...you gotta check your pants to make sure it's nothing serious only after several of them. Have a good trip.
CNBC viewers would be better served getting investment advice from an orangutan.
There will be a lot of opportunities in the crypto markets in 2018 and beyond, but investors need to do their due diligence, diversify their portfolios, not invest more than they can afford to lose, and then hang on! No market goes straight up without corrections. As long as investors hold quality coins and maintain proper position sizes, there's no reason to sell.
At Candy.one we allied with a bunch of great projects to give everyone the best possible Chinese New Year gift: free tokens! Each project put their token candies in our box. We then issued a CANDY coin, which proportionally represents the value of all these tokens! You can claim your CANDY just by signing up, and get more by inviting your friends.
We wish all of you a happy Chinese New Year!
Nice post and video too, bitconnect looks like a ponzi scheme right from the start and that's what exactly happens to bitconnect it shuts down suddenly and this might be one of the cause of market crash and i think their are lot more better and legit opportunities present on the internet to invest like steemit, thanks for sharing your nice thoughts with us, Stay blessed
No way! Mine's nice and toasty... FIRESALE! Buy when there's blood in the streets right!?! Never let your emotions spend your fiat. I know lots of people had to get hurt by the bitconnect deal but like you said and my Granny by the way "if it sounds to good to be true it probably is." People who took that gamble IMO should have known what they were getting into. I say buy low and hang onto your investments taking a bit of profit here and there to invest in diversifying assets but to each their own. I believe you when you say 2018 is gonna be big. I'm with you brother! Thank you for your words of wisdom and all that you do for us! Much appreciated!
Hey broncnutz, I just wanted to thank you for one of your hot tips from your previous posts that is surviving the winter chill, SmartCash. I know you cant really trust the price due to it not being open on Cryptopia currently, but that SmartCash tip is really paying off.
In regards to BitConnect I really feel like people need to pay attention to one of the strongest indicators of a scam. The referral chain where your referral gets you a percentage of the referred persons investment, and a smaller percentage of anyone they refer, on and on down the chain. I've seen it in so many other Multi Level Marketing (MLM) schemes.
I agree with you about this topic. I think also that Korea and there exposure to new trading markets last night will effect the overall value of coin. However the same exact thing happened with China half a year ago it went down but then it went up to all time high. Just something to think about.
Feel free to check out my post regarding my own experience with Bitconnect here. I was not hit as hard as others but I did treat the platform very cautiously.
Bitconnect users have been warned that it was bound to be a scam. It's not like there were hundreds of posts here on Steemit and video's on Youtube warning the public that Bitconnect has a Ponzi like structure. Seems greed takes over the mind of most humans!
I knew it was in big trouble when the UK government gave it a deadline to prove it wasn't a ponzi. It was a big red flag to stay the heck away from it. Lot's of better coins out there, ignore bitconnect.
You nailed it. I've been oddly too calm about this last dip, but I've told myself that my instincts will let me know if there's any reason for real alarm. Recent market movements are just a repeat of cycles we see a few times a year and do more good than harm by strengthening hands with more of these exercises, teaching investors about the real-life volatility, and letting people on the sidelines who were waiting for lower entry levels buy in.
Broncnutz sir...
Actualy..Digital money can make us rich to deal with ourselves. I genuinely trust that. Be that as it may, what I additionally accept is that it will influence us to sufficiently fit to serve the penniless also.
It is absolutely difficult for all to give. Every one is battling in their own specific manners. In any case, that is the magnificence of life is it not? One who has seen the intense time will identify towards the one enduring. Such a one when independent can promptly consider helping other people. When I put in endeavors to gain, I should put in little endeavors along to share.
One might be poor out of absence of education, another might be expected life's weight of overwhelming obligations, another might be out of sheer apathy and some might be not able meet the sudden needs of life. In any case, the truth of the matter is same. They all need assistance. From numerous points of view it can be tended to....
Cheers~~~
Awesome points man I really enjoy your videos, I just joined last month and have been following you ever since. I agree with you that 2018 is going to be a great year for Crypto and I'm holding. Damn the BANK!!!!
Thank You
Tell Lefty 3 rings that them Jags are going to put a beat down on the Pats that D is a little to much for Brady the so called GOAT
i told my friend who invested in bitconnect that it was a scam .. how people won't accept making a mistake , according to him , turns out im the bad guy and i was just lucky calling the bitconnect crash ..whatever.. i like seeing some green in cryptoland finally
Cheers Broncnutz, could not agree more about felling bad you all those caught in the Bitconnect net....but it does illustrate why some form of regulation is needed (though obviously this also has its risks) Hodl Hodl Hodl....Shield Wall! hope you have fun on your weekend adventure. J
Good information about bitcoin. Thanks for sharing. It will help us.
HAHAHAHAHA just kidding I had to do that to you at least once bruv!!!!
Jokes apart, not a lot of people yet price the altcoins based on the price of bitcoin. It's essential for us to realise that at least 90% of the altcoins we have on the market now can NOT be bought directly by fiat. You can buy bitcoin, litecoin, ethereum by fiat i gues.....but the large proportion, your go to currency is some other crypto, like bitcoin, or more recently my favorite, DOGECOIN.
Ripple is already crashing hahaha!!
Okay this might be out of topic here, but i really wanna know your take on verge and stellar? I see a lot of youtube videos about crazy price prediction on these two coins, but I would trust you honest opinion much, much more.
Today has been a hard day for cryptocurrencies all fell too much but at the moment of right now they are starting to recover hopefully continue like this and we can breathe what we have felt today is a very big scare.
But we must bear in mind that this is part of a balance not everything always has to be right we must have a bit of concern so that everything is balanced but if you ask from my point of view, I like to lower the cryptocurrency to take advantage of and buy them when they go up, they have good profits.
** Greetings from Venezuela I hope we can continue reading **
Killin it @broncnutz! I'm into the Smartcash world now! Still learning of course and hopefully learn a lot more this weekend! Hopefully see you late Friday night and get some hunting on Saturday and Sunday!!
I think the reason for the sell-off in coins has more to do with the US income tax rulings than anything else. People who don't want to be hassled by the govt are cashing out a portion to pay their expected tax bills, thus the market is taking a dip. That's what I've been doing, taking some profits to keep Uncle Sammy off my back.
Ripple might even be worse then Bitconnect lol....Steemians if you have Ripple sell if for Steem and Powerup!! Keep buying and HODL.
I hope not to many people suffered great losses, but yeah..
No, there are many. All their investments were converted to BCC then intructed to transfer them to newly built exchange named BitconnectX but the problem will people buy this?
Oh men! Investors are still buying BCCX and its hard to buy in ICO.
Killer B's Bitcoin, Bitconnect, Banker's, and of course Broncnutz you are right don't sell! Yes... Lefty is coming back!
I’m thinking for myself - I’m hanging on and excited for 2018!
Spot on on how a stock guy would get shaken out as a 10% move is just a cryptos fart...you gotta check your pants to make sure it's nothing serious only after several of them. Have a good trip.
very informative!
Here is a Killer D...Justice League promoting Dogecoin...lol:
The mainstream media doesn't know squat about the crypto markets, even the supposedly business-savvy MSM.
Still LMAO at this report on CNBC on January 2, 2018 urging its viewers to buy Ripple and then instructing them on how to do it!
https://www.cnbc.com/2018/01/02/how-to-buy-ripple.html
CNBC viewers would be better served getting investment advice from an orangutan.
There will be a lot of opportunities in the crypto markets in 2018 and beyond, but investors need to do their due diligence, diversify their portfolios, not invest more than they can afford to lose, and then hang on! No market goes straight up without corrections. As long as investors hold quality coins and maintain proper position sizes, there's no reason to sell.
Couldn’t have said it better...
come on，brothers!
Candy Spring Festival
At Candy.one we allied with a bunch of great projects to give everyone the best possible Chinese New Year gift: free tokens! Each project put their token candies in our box. We then issued a CANDY coin, which proportionally represents the value of all these tokens! You can claim your CANDY just by signing up, and get more by inviting your friends.
We wish all of you a happy Chinese New Year!
https://candy.one/i/171225
Anybody who makes their investment decisions based on News needs to be committed to a mental institution! lol
A lot of people who put money in bitconnect just learned that lesson the hard way.
Here is a great news...Dogecoin is being promoted by Justice League...lol:
Thanks. Appreciate the crypto video. Been MIA and trying to catchup on the markets.
Nice post and video too, bitconnect looks like a ponzi scheme right from the start and that's what exactly happens to bitconnect it shuts down suddenly and this might be one of the cause of market crash and i think their are lot more better and legit opportunities present on the internet to invest like steemit, thanks for sharing your nice thoughts with us, Stay blessed
Great video, I agree that the MSM media and even Warren Buffet have no idea what is going on; and if I hear one more tulip analogy I swear...
No way! Mine's nice and toasty... FIRESALE! Buy when there's blood in the streets right!?! Never let your emotions spend your fiat. I know lots of people had to get hurt by the bitconnect deal but like you said and my Granny by the way "if it sounds to good to be true it probably is." People who took that gamble IMO should have known what they were getting into. I say buy low and hang onto your investments taking a bit of profit here and there to invest in diversifying assets but to each their own. I believe you when you say 2018 is gonna be big. I'm with you brother! Thank you for your words of wisdom and all that you do for us! Much appreciated!
Hey broncnutz, I just wanted to thank you for one of your hot tips from your previous posts that is surviving the winter chill, SmartCash. I know you cant really trust the price due to it not being open on Cryptopia currently, but that SmartCash tip is really paying off.
In regards to BitConnect I really feel like people need to pay attention to one of the strongest indicators of a scam. The referral chain where your referral gets you a percentage of the referred persons investment, and a smaller percentage of anyone they refer, on and on down the chain. I've seen it in so many other Multi Level Marketing (MLM) schemes.
Anyways thanks for posting.
Thank you very much, love the way you explained the crypto market. Thanks for the explanation on LiteCoin. Helped put thing into perspective.
I agree with you about this topic. I think also that Korea and there exposure to new trading markets last night will effect the overall value of coin. However the same exact thing happened with China half a year ago it went down but then it went up to all time high. Just something to think about.
That is why Bithumb exchange is planning to move in other country in Asia that crypto exchange is welcome.
Feel free to check out my post regarding my own experience with Bitconnect here. I was not hit as hard as others but I did treat the platform very cautiously.
Bitconnect users have been warned that it was bound to be a scam. It's not like there were hundreds of posts here on Steemit and video's on Youtube warning the public that Bitconnect has a Ponzi like structure. Seems greed takes over the mind of most humans!
I knew it was in big trouble when the UK government gave it a deadline to prove it wasn't a ponzi. It was a big red flag to stay the heck away from it. Lot's of better coins out there, ignore bitconnect.
For those that have lost money in the bitconnect ponzi scheme, these guys are setting up a potential class action >> https://www.silvermillerlaw.com/current-investigations/bitconnect/
It was an obvious ponzi. Pozies are illegal. Well, at least those that are nut run by the government...
Great video bud!!!
That's what I'm sayin.
You nailed it. I've been oddly too calm about this last dip, but I've told myself that my instincts will let me know if there's any reason for real alarm. Recent market movements are just a repeat of cycles we see a few times a year and do more good than harm by strengthening hands with more of these exercises, teaching investors about the real-life volatility, and letting people on the sidelines who were waiting for lower entry levels buy in.
I was nearly buying some BCC a few days ago. What happened to it exactly? :o
i always saw your video present time now your video watch running
Broncnutz sir...
Actualy..Digital money can make us rich to deal with ourselves. I genuinely trust that. Be that as it may, what I additionally accept is that it will influence us to sufficiently fit to serve the penniless also.
It is absolutely difficult for all to give. Every one is battling in their own specific manners. In any case, that is the magnificence of life is it not? One who has seen the intense time will identify towards the one enduring. Such a one when independent can promptly consider helping other people. When I put in endeavors to gain, I should put in little endeavors along to share.
One might be poor out of absence of education, another might be expected life's weight of overwhelming obligations, another might be out of sheer apathy and some might be not able meet the sudden needs of life. In any case, the truth of the matter is same. They all need assistance. From numerous points of view it can be tended to....
Cheers~~~
Don't sell your bitcoin!
HODL IT FIRM!!!
The best explanation I have seen all day
Now the price of all the coin is low, buying a suitable time and buying now, I think the prices will increase later.
It will surely go up, that the trend of cryptos. Many will take advantage of this crash to have big profit this 2018.
People Say bullshit. you just have to believe in trustworthy information!
Awesome points man I really enjoy your videos, I just joined last month and have been following you ever since. I agree with you that 2018 is going to be a great year for Crypto and I'm holding. Damn the BANK!!!!
Thank You
Tell Lefty 3 rings that them Jags are going to put a beat down on the Pats that D is a little to much for Brady the so called GOAT
We got the Jags at +9.5 ahead of the pack, check it:
https://steemit.com/sportsteem/@tenhanger/the-spy-who-loved-thee-jacksonville-jaguars-10
Good post @broncnutz
https://steemit.com/bitconnect/@emmanuel.singer/what-is-bitconnectx-and-should-i-buy-it
Always come with the best @broncnutz thank you very much
Here's $20 for supporting Steemit.
Just click the link to Join Monetize Coin
https://monetizecoin.com/?ref=5a566f9c2e4cd
Despite the challenges and doubts, I am sure that Steemit is the best option
i told my friend who invested in bitconnect that it was a scam .. how people won't accept making a mistake , according to him , turns out im the bad guy and i was just lucky calling the bitconnect crash ..whatever.. i like seeing some green in cryptoland finally
Bitconnect is a huge eyeopener in this whole turbulence that's going on. A lot more people are disappointed than you think. Thank
Probably a fantastic time to buy low!!!
Cheers Broncnutz, could not agree more about felling bad you all those caught in the Bitconnect net....but it does illustrate why some form of regulation is needed (though obviously this also has its risks) Hodl Hodl Hodl....Shield Wall! hope you have fun on your weekend adventure. J
Damn......Go to hell bullshit, shitconnect....
I don't like to seeeeeen.
Anyway great video sharing @broncnutz.
Excellent broncnutz
Very funny.....i like your post @broncnutz.
@broncnutz I think this opportunity to invest in decline.I think they will rise again.especially Etereum and Litecoin
No more Ponzi sh!t
Thanks @broncnutz
Have great day.
Great videos @broncnutz...you guys are very funny.
Good information about bitcoin. Thanks for sharing. It will help us.
HAHAHAHAHA just kidding I had to do that to you at least once bruv!!!!
Jokes apart, not a lot of people yet price the altcoins based on the price of bitcoin. It's essential for us to realise that at least 90% of the altcoins we have on the market now can NOT be bought directly by fiat. You can buy bitcoin, litecoin, ethereum by fiat i gues.....but the large proportion, your go to currency is some other crypto, like bitcoin, or more recently my favorite, DOGECOIN.
Ripple is already crashing hahaha!!
Okay this might be out of topic here, but i really wanna know your take on verge and stellar? I see a lot of youtube videos about crazy price prediction on these two coins, but I would trust you honest opinion much, much more.
Good job, my friend. Keep preaching.
Today has been a hard day for cryptocurrencies all fell too much but at the moment of right now they are starting to recover hopefully continue like this and we can breathe what we have felt today is a very big scare.
** Greetings from Venezuela I hope we can continue reading **
What are is bitcoin situation now and what will be later
Killin it @broncnutz! I'm into the Smartcash world now! Still learning of course and hopefully learn a lot more this weekend! Hopefully see you late Friday night and get some hunting on Saturday and Sunday!!
just pataient and hold your coin, thanks for the information.