It really depends on how the market is structured, what sort of leverage is provided, and margin call policy.
Generally how this scam works is that the 'market' is manipulated to make many accounts hit a margin call, then the exchange or platform closes out those positions at unfavorable prices for the account holders. I'm not sure if secondstrade does this ... but I believe 796xchange in HK does this, so be careful.
Jesse Livermore discusses these tactics in his book "Reminiscences of a Stock Operator" where he refers to the practices of 'bucket shops.' These binary option firms are basically new age bucket shops.
wow what a revelation. do they also do this on penny stocks? I was actually all my saving thru binary option until i discover these patterns. Using trading systems of MT4 and its indicators help a lot when doing binary but then only lately that i learned binary is not going to make me rich after all. |
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Many alts are being sold off cheaply to get into ETC. It is a good opportunity for anyone with bitcoin to get into these cheap alts.
There is no point in chasing after ETC as it is very risky to buy at such high prices. Whales who own ETH will have the same amount of ETC to dump onto buyers.
I've seen such yesterday and there was even a plan to fork ETH again which they would cal ETP. why do you gusy think all these forks will have more value in the future? or won't it just drag the whole ETH derivative thus BTC will still rule in the end. |
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And then clients need to wait 6 hours for transaction to confirm because network can't handle all transactions.
Bitcoin is not to be used in that way.
lol that's just bummer. offline store would still prefer fiat. they will sure accept you as a marketing partner maybe take advantage of it but they may not accept btc in the end. if a customer come and wants to pay btc, they'd just say, they accept btc later. |
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Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
Yes. After 20-50 Years I think. Bitcoin will be dumped and new Altcoin will be used as a Bitcoin. There will be the time that if all the blocks are mined and all the Bitcoin is now on dumped, there is a possibility that new Cryptocurrency will be the Top 1 in the list. Ethereum is now on Top 2 and now, we observed that ETH is now on demand. Maybe next year or 2, ETH price will be doubled. But we don't know if that will be the prediction or not. there is no reason for bitcoin to be dumped anytime this soon. even in 20-50 years. fiat has been around for hundreds of year and it has evolved ever since to match the new age and improve. so since bitcoin is code and it is so easy to change it, even in the future there is no reason for it to go down, it will evolve and match the new world and the new technology. also eth will be long dead by then lol codes can't easily be changed actually. if it is they would have edited for the block size bitcoin may not be dumped as of now since marketing of newer coins isn't that massive but once a better coin thats designed to last without issues will rule someday. |
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The price has dropped down to 650 and almost stable at such price. there are plenty of those who dumped but the rest also hold which is why it didn't go down to 500 yet. In months maybe there will be more who will dump btc.
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Time really doesn't matter for trading. you can trade any time. specially in bitcoin to altcoin.
I don't know much about binary options that may depends on the time but the rest of trading don't have any specific time to trade.
I have traded in 6am morning time mostly in my local time and it is I think late night in USA and UK.
Time must matter as i noticed the chart don't look like someone is busy getting much money when NY session is off as compare to when its busy. It must depend to the pair perhaps.. let say you are in ASia and the pair you trade is BTC/JPY |
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which is the best time to trade BTC/USD and EUR/USD?
I tend to trade on binary during the tokyo time while trading on btc/usd since I'm asian and i'm awake during these hours. the NY time will be 4pm on our local time, should i wait for 4pm to trade on btc/usd?
i think you have to do some trial and errors and check the charts for that, and i think there is no fixed answer to your question because bitcoin is being traded globally and it changes in all those times you said because both markets are active 24/7 Its just that there isn't much activity when the NY time session isn't active and so trading eur/usd pair isn't also active and just maybe BTC/usd isn't that good to trade as well on binary option. I was asking because most day traders prefer to start day trading during the start of NY session. |
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You have once again hire a coder?
that just prove our case, no one in your team doesn't even know how to code during the start of the ICO. and you just go ahead and start ICO campaign of the clone coin.
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which is the best time to trade BTC/USD and EUR/USD?
I tend to trade on binary during the tokyo time while trading on btc/usd since I'm asian and i'm awake during these hours. the NY time will be 4pm on our local time, should i wait for 4pm to trade on btc/usd?
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The one that i've ben watching this time is the series "PREACHER" its such a crazy story. but really fun watching.
its about a story of a preacher who was possessed by a spirit of the demon who was said to be the named Genesis. its a powerful demon but can command people to do whatever preacher wants.
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The options on secondstrade that i see was just 75 minutes i can be on it but i don't see how that could change. This isn't like having the mt4's options.
I get to have a good wining percentage actually but every time I get to bet just about 0.2 I always lose. but not with 0.05
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is it possible that these binary option site like secondstrade manipulate the trend just when you are wining? say you bet that btc price can go up in 5 minutes. and so they dump their btc to pull the price down?
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Im a poor one so im belong to low class level in the society. But im happy about my level in this society cause i see the trye color of life. Many riches wished to be a poor cause a lot of rich people seems ti be more problematic than the other people that belong in a low class society.
now that isn't true. a rich man would never wish to be poor, that is never going to happen. once a rich man he will always want more than he has. one that i can assure however that he wish is the privacy. if you are poor and in the low class level then you have no where to go than up. |
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The price is now stable at the current level as expected. Now we wait for the full nodes and further await the listing on Poloniex for wider whale trader access. As an investor that's what I hope will happen. And the sooner the better.
Waiting is the hardest part though. i was able to buy about 300+ WAVES since last week. I'm now just hoping to gain when its vale goes about $1+ each. that's still a good profit considering I was just investing time and trust. anyway, i'll be holding the coin until the roadmap is done. |
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Do you know such signature campaign which don't require users to posts apart from cloak signature campaign? I'm thinking of doing something else this time and I wish to join to such campaign so i can earn still without getting busy here.  |
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its always good to spend it for good as well. if you want to receive surprises you may want to go to allcryptotalk.com they always give away just be responding to their contest. i was also surprise when i won something i didn't actually do something worth the price.
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one thing that you can do is to avoid and not be one of its victim as you can't stop them from creating all these coins even when you FUD all these coins everyday, you'd still not going to be successful with it. in fact they even earn more especially those who do ICO.
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Be careful going there, they are constantly being attacked by extremist group. you don't wanna find yourself under a truck with broken limbs.
avoid the crowded places for now lol
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Thanks... Full Node is comming? Most probably they've updated the platform and so this must be necessary for the full nodes release. Will the platform be forked too if being released fully? I remember there were lots of projects intend to come out almost similar to WAVES. |
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