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1041  Economy / Trading Discussion / Re: What to buy? on: March 18, 2018, 05:57:24 PM
In my opinion, you should buy bitcoin and some other altcoins. Bitcoin price below 10k is very good for investment. Other cryptocurrencies you can buy are Neo, Litecoin, Ripple, Ethereum, and Verge.
Yes. Bitcoin should always be the top priority if one is investing and the remaining percentage can be distributed easily among all the other altcoins that have prospects and chances of a huge one in the long run. I do not know though, why I will never stop being skeptical about ripple and a lot of new investors get deceived by that manipulated coin because the see it on top of the list on coinmarketcap. Well, all man to their own decisions.
1042  Economy / Trading Discussion / Re: What is a whale? on: March 18, 2018, 05:13:23 PM
What is your definition of a whale? How many BTCs do you need to have to be a whale?
The term whale is often used to describe a individual or community with huge financial resources and capital that can influence the prices of these coins in respect to this market.It is also speculated that there are group of whales that manipultes the bitcoin prices and can create pump and dump situation in market.They influence the direcrion of prices in market.But in small exchange a person with less capital can be termed as whale whereas in large exhange huge capital resources are required to be categorized under this section.
Yes. As long as you have all the money to buy in as much as possible to hold a huge position in that market, then that makes you a whale. The essence is just to use your position to control the market and I have actually dreamed of being one anyway. Most whales are good at what they do, and they try as much as possible to throw out some patterns after accumulation to make the traders and other investors to fall in, so they are more like market controllers and they never lose.
1043  Economy / Trading Discussion / Re: Do you encourage friends and family to invest in crypto? on: March 18, 2018, 04:27:05 PM
Tried that once didn't go well as the price dropped right after they bought. Relationship between us became sore for some time as he was blaming me for him losing money. So I would recommend not going down that path.
That is why it is never good to compel people into making decisions and it is always good to let them understand the volatility risk involved and then allow them to make their decisions themselves after that. As enthusiastic as some of us may be, we would always like to encourage friends and families, but I only tell them so as not to get blamed on my conscience for not doing so when the future gets bright, but I leave them to make that decision themselves.

I have never imagined myself trying to force anyone to do anything as I always believe we are all adults as long as we have the funds to invest and any adult should be capable to make their own decisions and my own is to let them understand what they may be missing, the risk involved, and every other side to it and how I have been doing so far, and if that is not good for them to think on their own and decide what to do, then I am happy having the benefit alone, and at least I tried.
1044  Economy / Economics / Re: Can you start from zero cash and make a living with the opportunities in crypto? on: March 18, 2018, 03:56:04 PM
Everything is possible and so many members of the bitcoin community started from zero and are now making a living out of cryptocurrencies, there are different ways we start our journey when it comes to life some have the privilege to inherite bitcoin and other where given as a gift while some work and get paid in bitcoin.
This is not an easy thing to do but still you can do it if you have some good motivation back in your mind to do such kind of things. To do that, the first thing which you need to do is that you should become part of some signature or bounty campaign and then you must work hard to gain higher ranks as well as better earning. You can then keep on trying to have more earnings which you can then invest.
Well, nothing good comes easy as you just have to work for it but in the long run it pays a lot. I have realized a lot from so many projects in the long term without even investing a dime in them as they were just earned. Over the time, this has ended up becoming a better option for me anyway and since it is a way to even minimize risk the more, it brings a lot of opportunities.

Living with the opportunities though depends and anyone who can combine it with trading in the long run should have a great opportunity of earning regularly.
1045  Economy / Economics / Re: Bitcoin down ( Mt. Gox is dumping ) on: March 18, 2018, 01:22:53 PM
It feels like this guy is using Bitcoin as an ATM now: whenever it bounces up a bit, someone sells off enough to make it drop further.

such amounts can be traded off-market. For example, selling only access to the wallet.
Nobody in their right mind buys second hand private keys.

Agree, I was wrong with my assumption...
And that is second hand private key indeed. Grin Why on earth will I ever want to buy a private key from someone when all it takes is just a split of minutes to get it transferred to my wallet where I control everything ? Just for the knowledge, so as to clear your assumptions for next time, private keys cannot be changed, and if you find yourself in the position of wanting to buy private key, then it is more like you sharing the asset with another person you are buying it from with both of you having full control of it and by then, it would be who is the first to move it out ? At that point, you do not want to be the last.
1046  Alternate cryptocurrencies / Altcoin Discussion / Re: Stability ripple on: March 17, 2018, 04:54:14 PM
For the last 24 hours the rate of crypto currency Ripple fell to $ 0.81 per coin. Recall that in just a few weeks of crypto currency, Ripple lost half of its December value. Today, the Ripple rate is fixed at around 1 dollar, which means that the goal has been achieved. It stabilized at this point. According to analysts' forecast, the drop in the rate of the Ripple below the $ 0.7 mark for a coin by the end of 2018 is unlikely, since the currency is stable and is constantly supported by large investors.
I do not know why you guys always love deceiving yourself. I guess you must have gotten your answer by now. The only reason you will see a stable move like that was only because of bitcoin at that point, everything moves as bitcoin moves and that makes me question alts a lot as to trading them as they are only good for me when they get pumped anyway and worst part for a manipulated coin like ripple.

Ripple is expected to touch 10 dollars this year as per analyst we need to see how the positive news will reflect in ripple price
I wonder where some of you always end up getting your figures from like $10 will just fall from the sky. It would not be bad if it happens anyway, I am always on the sidelines trading any coin that is making a bullish attempt, but I will rather hold bitcoin and keep increasing my holdings in it for the long run, because most of these altcoins will not last, and I do not trust Ripple from here to there.
1047  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH TO $ 5000 on: March 17, 2018, 04:04:18 PM
Eth approaching $5000 is a possibility especially that ICOs are using it. New investors will get to know eth and will promote it to friends, relatives and social media. The eth population will continue to grow and at the same time its value will grow bigger than we think.
We also need to understand as well that ETH is inflationary in nature, but at the same time it does not mean there is no possibility in $5000. It is very realistic considering the level at which it started from last year and the level it reached this year. I also want to believe that before the end of the year, we can get to see some high level of increase in Ethereum, as well as other projects that are solid.

Apparently, we cannot predict anything for now until this year ends. We may think we are going to be in a bear year through out and still end up having a bull year along the line. It looks in a way that the whole market is totally out of it right now and the bears are just having a good time with that, but we also have to understand that at any point in time trends can easily change, but I guess only time will give us that information.
1048  Economy / Speculation / Re: Bitcoin Trend Panic Sell Mar-Apr 2018 on: March 17, 2018, 03:17:17 PM
The price is going to $800. I'm already at a loss so I'm not going to sell it.

I think it might recover because of the technology behind it, but it will take at least two years.

This was all provoked by so-called "legitimacy". Regulations will just boost the bear trend even more.

You can hold or sell and buy back later. Its your call. Remember that the bullish trend is not over yet, and a bounce can happen at any minute.
It will always recover but the $800 you said spoiled everything. I really do not see this happening, and also I do not see how regulation is going to boost the bear trend but like I said, no one knows anything and all we can do now is to stop assuming and wait to see how the price and market reacts to the upcoming fundamentals.

A lot is changing in the crypto market, so I want to believe we just have to wait for it. Also, it depends on how one is looking at the chart, but from last year to this point, we are still bullish with the difference in the price even at this present dip.
1049  Economy / Speculation / Re: Why we may be stuck in the current range for long on: March 17, 2018, 02:45:41 PM
I think we will stuck for this price range for long if there will be no other investors are interested or attracted to bitcoins because other bitcoin investors already dump some of their bitcoin as they buy it for alt coins.
I am not sure you have checked the altcoins to see how bad most of them have been beaten as a result of bitcoin's drop in price and if anyone feels they cannot get from bitcoin what they could get from altcoins, then, they are free to go stick with their pump and dump coins. We cannot say what will be happen at any time, but we can only know what will happen when the time comes but I guess we will have to wait and see how stuck we are as time goes on.
1050  Economy / Trading Discussion / Re: Is trading actually worth it? on: March 17, 2018, 01:23:20 PM
So yeah i'm just wondering whether can you make serious money with trading or is it more than not just gambling?

Are "pro traders" making millions, or are they barely getting by and need to sell their signals and such?


Not in a bull market anymore so i'm looking at trading as a way to make money, but not sure whether it actually works. Note i'm not complete newbie, but i was never really trading.

professionals or good traders can often make money.
Obviously it is a difficult job and without the right skills and knowledge it is very difficult to get a profit, indeed, it is easier to get losses.
Right, but the unfortunate part to that is that a lot of noobs always think otherwise and then they feel traders are making a lot of money and telling them to hold when they can make money from the fluctuations.

The reason why holding is always better for anyone is when they do not have any trading skills or knowledge like you have said, and that is one knowledge one will have to take his or her time to acquire those skills as much as possible before even going ahead, which obviously most people do not have the patience.
1051  Economy / Trading Discussion / Re: In this down market how your doing? on: March 16, 2018, 05:55:36 PM
In this time of the bloody market, I'd rather hold it than to panic sell because the down of the market price is just normal, eventually sooner or later it will rise soon, we just have to keep our faith and be patience that it will be better on the next couple of weeks. And this time, much better if we invest in the altcoins or bitcoin while the price is low because it will pump soon.

that is a good choice for you because we need to be careful to decide to sell or to hold. the market movement is unpredictable and makes us think about the best decision that we could make. we can wait for the market to be normal like before so we could sell the coin at the price we want although it will need more time to wait. just be patient and don't panic when everything is not like what we want.
Patience is just all that everyone needs in situation like this and most especially for those who believe in the theory of holding. The thing is not everyone can trade and sometimes we may wish we could know how to do all of that to be able to take advantage of the fluctuations in the market, but one truth is that market generally is complex and without the knowledge we would all just be gambling which makes the holding part work better for long term investors.

The only way never to lose money is to learn how to trade either as a long term or a short term holder, and with that you can play with the fluctuations, but in a market where you know nothing and only believe in the power of what you are holding, the best thing in that situation is to hold and hold until you feel you have arrived at the point where maybe the profit is just too much to hold without taking part of it to invest outside cryptocurrency.
1052  Economy / Trading Discussion / Re: Can Bitcoin Reduce to $ 4000? on: March 16, 2018, 05:19:28 PM
6000$ is maximum dip , 50000$ is the potential high within 2 weeks from now

I hope so, but I think $50k will not reach within 2weeks. Let’s accept the fact that bitcoin are falling no one knows how deep it can be but we must remain on a cool side and don’t ever panic. At the end of the day of bitcoin survive this only mean that its technology is really in demand.
Agree Smiley. 50k within 2 weeks is hard to happen but BTC can up to 12k or more on April like last year
We all are hopeful for bitcoins to be reached at such high level where $50k can be seen but I think realistic approach is more feasible here. In coming two weeks, will it be magic from harry potter that raise bitcoins’ prices so high within a short period of two weeks only. No, that can’t happen but you are right yes prices can be seen within limit of $13000 at the end of next month.
I feel that is the main thing here now, and from the look of things, it looks like bitcoin is really going to be taking a lot of time this year trying to get its bearing. The market has been slow and steady for a while now and there has been a lot of stability as well as indecision, but anything can happen as a result of break out which could spark volume into the market, in whichever direction it wants to come, but I guess we will have to see where it leads.
1053  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do people think that ETH can Overcome Bitcoin? on: March 15, 2018, 10:14:39 AM
Eth cannot beat bitcoin because Eth and Bitcoin goes together they were like king and queen, they compliment each other when one goes one the other benefit and when one is low the other one suffered. I think Ethereum use more on project while bitcoin is lesser one.
Bitcoin will always lead the market and as long as that keeps happening, it would be very hard for any coin or token, including Ethereum to have that chance. It is not like bitcoin is lapsing in anything and even with all the scaling issue, the adoption of segwit is beginning to change a lot of things, so I totally believe that bitcoin will always stay on top of its game and a huge support of community members alone will keep it going.

ETH is an inflationary digital currency and that is one of the main reasons it will not surpass bitcoin. Also, it is a different project entirely which has been giving birth to ERC20 tokens, and it has been awesome. However, Ethereum will always turn out fine like any other good altcoin, but not overcoming bitcoin.
1054  Bitcoin / Bitcoin Discussion / Re: Banking will still be significant until cryptocurrencies can "stand on their own on: March 15, 2018, 08:13:38 AM
Banks will survive while the masses keep using them. Fortunatelly, the traditional banks can be overcame once new banks appear offering better deals to its users. The greedy banks should bankrupt and new banks more friendly to Crypto-Currency on its essence and more friendly to customers should appear and take their spots. Banks and Crypto-Currency can live together pacifically, since banks respect what Crypto represents and was designed for.
Banks will always be greedy and nothing will happen to them and as much as I feel you are saying all that out of bitterness to see banks go down completely, which I feel the same as well, unfortunately, it cannot happen. We all keep saying cryptocurrency is a threat, but with regulations, banks can start trading cryptocurrency as well and we may start having an over the counter transactions with banks, so at the end, they will still be able to play their card well to gain some relevance.

Presently, banks should not even see much threat yet since fiats will still always be needed until we get to a stage where cryptocurrencies can easily be used for day to day activities, but in that way regulation will still be the norm of the day anyway. Banks cannot collapse and even if the blockchain technology ends up taking over, they will still find a way to integrate it into the system to be able to stay relevant.
1055  Bitcoin / Bitcoin Discussion / Re: What stage of adoption is Crypto currently at? on: March 14, 2018, 06:14:06 PM
Early adoption?! Where on earth did that come from. Bitcoin is way passed early adoption. Since it got onto the mainstream media many people jumped straight away to get Bitcoin. This is what caused the previous price hype.

But saying this we have a while to go. Bitcoin is stored banned by many countries. One of the most recent countries to do this is India, where they banned all ICO activities and cryptocurrencies.

So taking this all into account, I'd say we are about three quarters of the way there.
Everyone has his own way of looking up at the things and then he makes the assumptions based on his own perception. Up till now, there is only 1% of the population who know about this concept of the crypto currencies and most of them amongst those have not even started investing their money into it so far. So I think, bitcoin is still at the beginning stages of its adoption and that it will take time for things to be in favor of bitcoin.
Well, beginning stage also have categories, and it is either you are an innovator or an early adopter which we both know that the innovator's stage has passed already anyway. Right now, what we are presently seeing are the early adopters.

Some may think bitcoin's value has increased hugely already but like you said, we are not even close considering the population of users with respect to the global population which we know there is still more chance to see additional people stepping into the show in the long run.
1056  Economy / Trading Discussion / Re: Do you encourage friends and family to invest in crypto? on: March 14, 2018, 03:16:54 PM
This is what i do regularly because i have seen the bright fure of crypto but unfortunately i dont usually get a positive response from them.
I did not even have to talk too much, in a short while, they started seeing a lot of changes and then that alone was enough for me to do my little explanation, give them all that is required to be a part of it as well as all the risks involved which is far lower than the benefits considering the fact that it is the future, that made it so easy.

I am not a big fan of trying to go all the way, except for the ones very close to me, but if you can see the picture the way I see it, I end up letting you be. At least, it is better to inform, than in the long run someone telling me I did not make an attempt.
1057  Economy / Trading Discussion / Re: Anonymous exchanges? on: March 14, 2018, 02:42:17 PM
Yup there are several exchanges that provide this currently. You can trade on Binance (up to 2 BTC), Etherdelta (unlimited), and I believe Poloniex as well (2k limit).


But in poloniex you need to verify your account so you can get more than 2btc withdraw daily.
That is poloniex, and he does not have to make use of that. If he is able to register on binance, he should be able to get that done easily since they give 2btc daily in withdrawal and since the OP has claimed he us just trying to do little transaction, unless his own little is big in some other people's eye, I am not sure 2btc should be considered little, so I want to assume he should be transacting lesser.
1058  Economy / Exchanges / Re: Hitbtc fraud on: March 14, 2018, 12:33:00 PM
So many issues on hitbtc, but lately I used this exchange all are working fine. Deposits and withdrawals are in place, since you have issues send an email to them.
I am really trying to see how this whole lawsuit of a thing is going to play out. It is a free world and anyone who does not already know by now that HitBTC is fraudulent as well as Yobit and they still keep using them, then they should have themselves to blame. What is there to prove anyway? It is an information age, and people should always try to check for reviews before they end up in any exchange.

I don't like the interface, it's the worst, freezing bad I would never use it unless the coin I want is on hitbtc
Everything about this exchange is zero and despite the fact that they have no support and then you have no one to complain to in case anything goes wrong is shitty. What perturbs me is that you keep telling people and they still keep using it anyway, I wonder why a lot of people just would not listen to simple warnings and would rather prefer to do their own thing the way they want, only to get nabbed and trying to file a lawsuit.
1059  Economy / Trading Discussion / Re: day trading effective? on: March 14, 2018, 08:32:08 AM
So I think day trading is effective. You can earn and quite a lot. But day trading requires a very large time. We must constantly monitor the market, analyze coins. And not everyone can do it.
Only those who have not day traded before will consider it ineffective. I wish I have the strength to day trade, but unfortunately, I have a lot of time ahead of me to spend my money and I am not ready to die yet. Grin Day trading comes with a lot of stress, although some usually say you will get used to it over time, but really, it is hard getting used to. For the profit though, you are going to be getting a lot if you know how to play with the swings and also know when to get out.
1060  Economy / Gambling discussion / Re: gambling ends on: March 13, 2018, 06:08:58 PM
I know gambling ends when the people are really not doing and not going anywhere just to play a casino. Or what. Gambling ends when the people knowing what they're limitations and going back then to stop it right away.
If you simply know your limits and you are able to not go contrary to the principles you have set for yourself, then there is no way you will have problem with gambling.

Personally I have a problem with losing and I do not always classify it as fun, and since I know I will always end up losing most of the time, I ended up stopping my gambling activities and doing other things with my time. The thing is, if you cannot accept the fact and stick to the fun aspect of it, then you have the tendency to become an addict.
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