bitcoin bull or bear

Now that the Bitcoin price has been on the rise again, the discussion ultimately turns to how Ethereum is doing.Albeit Ethereum has been losing some of its value compared to the Bitcoin trading price, the Ethereum price in USD remains virtually unaffected.Trading in the world of cryptocurrency is an exciting experience, as there are so many things taking place at once.Now that the over the past few days, there is usually a significant impact on the value of all alternative cryptocurrencies.Traders are keeping a very close eye on the as Bitcoin is going up in value, but so far, the impact seems to be minimal.Depending on how one wants to look at the charts, the price is either dropping like a stone or remains virtually unchanged.As the price keeps going up, it is only normal to see the taking a hit.So far, this market segment has taken a nosedive over the past few days, which does not come as a complete surprise.However, a lot of people may have expected a far bigger price dip, which has not occurred just yet.
Trading volume for Ethereum seems to be holding its own as well, with over over the past 24 hours.ethereum pythonThat being said, it is not unlikely the downward Ethereum price trend will continue while Bitcoin remains bullish.gold gegen bitcoinLooking at the Ethereum price in the USD segment very little has changed over the past few days.bitcoin dollar finanzenIn fact, one might argue the Ethereum price has only seen a marginal dip over the past few days.earn bitcoin cpuThis is a significant factor to keep in mind when talking about the Ethereum price, as the value in fiat is not following the same trend as the Bitcoin trading markets so far.bitcoin price drop september 2011
The is holding its own fairly well too, so far.bitcoin farming pcAlbeit the total market cap has dipped slightly below US$1bn once again, this is not a significant change compared to a few days ago.bitcoin jersey fundIt is important to keep in mind the market cap for Ethereum is expressed in USD as well, so it makes sense to see the value not drop by much.bitcoin catalaThat is the central question for Ethereum traders right now.bitcoin transaction ledgerWhile it is good to see the currency being very resilient during thisprice trend, it is impossible to tell if this trend will continue.What is worth noting is how this seems to confirm earlier claims of how Bitcoin and Ethereum with one another.Get The Ultimate Guide to Price Action Trading (FREE) You'll learn:A powerful trading strategy that lets you capture momentum and ride trendsHow to tell when a BIG MOVE is about to happen by spotting this simple patternHow to identify hidden strength and weakness in the markets, so you can "PREDICT" market turning points
Bitcoin is set for a bullish market, Ethereum is here to stay, traditional investment vehicles and cryptocurrencies will marry and Blockchain awareness shall grow globally, according to an expert.The year 2016 saw an influx of Blockchain startups, with Ethereum showing a lot of promise before the DAO breach.As 2017 begins, Bitcoin has broken the $1000 mark and will achieve a new level of market capitalization., tells Cointelegraph his expectations within the crypto environment over the course of the year.Since the climatic downfall of Mt.Gox back in late 2013, Bitcoin has been in a bear market, says Cassidy.“The bear has been in slumber for some time now and 2017 is the year that Bitcoin finally breaks free and enters into a new bull market.And while I do not anticipate spectacular gains in 2017, this year should set the floor for a monumental price run coming in the near future.” Cassidy notes that the fight between Ethereum and Ethereum Classic is far from over and will continue for some time.
While refusing to reveal who he believes will win the battle, in the end, Cassidy expects to see some major news coming out of both camps this year, which will get global attention.“Ethereum, whether it be the original chain or a forked version, is here to stay,” he says.Another observation made by Cassidy is the estimation that the current financial system holds several quadrillion dollars worth of wealth, particularly in the unregulated sectors of the derivatives market.He says that be it due to organic adoption or through a disaster in the current financial system, capital will be flowing into the cryptocurrencies and Blockchain assets: “Consider how much money exists in the current system and how few traditional investment vehicles exists today as on-ramps for that money to enter into our industry?2017 is the year that traditional financial vehicles meet Bitcoin.” Cassidy also expects mutual funds, hedge funds and ETF's to all make big splashes.“Expect institutional players to use these on-ramps to gain exposure to these new markets,” he says.
Cassidy says that there are too many good things happening in the Blockchain space to not permeate into the collective unconscious of society.Everything from identification to talent recruitment is being positively disrupted.“Bitcoin is doing to money what I expect other Blockchain technologies will do for key areas of life outside of finance,” he concludes.Four types of people you’ll meet at the bitcoin market The collapse of the Mt.Gox bitcoin exchange has been a speed bump for bitcoin, but the chaos has shed light on the opaque crypto-currency… Meet the $4.25 billion asset manager that took a bath on bitcoin Fortress Financial Group, a publicly-traded asset manager with a market value of $4.26 billion, reported its 2013 results yesterday—and its biggest investment loss was bitcoin.… There are good reasons to buy bitcoin.Too bad they might be contradictory David Kinitsky controls $50 million in bitcoin.He’s a senior director at Second Market who manages the company’s Bitcoin Investment Trust (BIT), a private vehicle… The bitcoin industry embraces what it was built to avoid—rules and regulation Bitcoin was designed to be unregulated by any government or central authority.