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11141  Economy / Speculation / Re: Price dump from a Bitcoin folk? on: July 10, 2017, 07:01:41 PM
A dump could happen. There are whales who can cause fear in the market and use that to make some profit by shorting Bitcoin. As an ordinary holder, I see any dump as another opportunity to buy more. There is no use to look deeper into it because the markets are all really out of our control.

Any dump happening right now is just an attempt to get rid of the last weak hands imo.
No whale in the long has the intention to harm Bitcoin. It's all about accumulation.
So yes I would and will buy as much as BTC as I can afford. Let the others freak out.
I will gladly pick up the fruits they drop. Smiley
Today the crypto currency market is exactly what you mentioned. The fact is that all crypto-currencies today are falling and even Bitcoin has fallen by $ 400.

Lol. Bitcoin has not fallen by $400 currently, but I agree it has fallen to $2400 now. Its just how the market really works. Sometimes we experienced this kind of dip. We have similar instance last May (2x). And I think this is the third time in June. But after this kind of dip, bitcoin price recovers because a lot of investors are attracted to buy because of the low price. They don't want to miss this opportunity to get bitcoin back.

11142  Economy / Speculation / Re: Is it too late to buy bitcoin? on: July 10, 2017, 06:23:35 PM
I do not think anyone knows what will happen to bitcoin on the 1st of August, but all would expect something good to happen at that moment.
If you have intention to buy bitcoin and for business activities anytime you can buy bitcoin, but it's all back to your beliefs.
As stated everything is purely based on the the trust one have over bitcoin. Also lots of similar such specific days were experienced by bitcoin in the past. So soon little by little this gets resolved even if negativity spread all around.
If you believe the forecasts, the future of Bitcoin has indeed been determined. Also, everything applies to alternative crypto-currencies. The fact is that today's jumps on the stock exchange are nothing more than an artificial panic. I think that everything is still going well and you do not need to pay attention to it.
considering the supply of bitcoin itself is fixed to certain amount ,
i think sooner or later when the supply almost empty bitcoin would getting expensive ,
and today price still possible to keep growing ,
so of course nothing late , it's still a good time to buy.

Today, the price is down to almost 2300-2400$ so this is a perfect opportunity to get it while the price is down. Others are complaining how expensive the price of bitcoin, but since today the price sinks so go get it while its hot. Because we may never know what's the market direction would be tomorrow. Do not wait for the price to go below 2000$ because it will not be happening in the next couple of months.
11143  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [ICO] DDF - Digital Developers Fund: Profit From Digital Assets on: July 10, 2017, 05:49:13 PM
WARNING: There are scammers out there! The only legit website is the one mentioned in ANN: https://www.digitaldevelopersfund.com

Damn. Those scammers are really a pain. They are now targeting good ICO's like DDF to scam others and profit. I hope no one can be scam because it will bring bad rep for us.
11144  Economy / Trading Discussion / Re: Where would you invest $100? on: July 08, 2017, 06:02:05 PM
Probably would go into some decent ICOs but for bitcoin I think I would shell a couple dollars and try to just hold it since it would also be a good thing in the future. Also, seeing that bitcoin tends to go up as time goes by, it wouldn't hurt to buy bitcoins with that price since it's quite a small amount if you'd ask me.

Yea. Just go to a ICO. But then again, you can to be really careful and study which ICO. I won't also recommend, you need to look at it and make your better judgement. Not all ICO are scams, most of it are really good in given returns to their investors. Or you can buy bitcoin and then just buy every chance to got so that you can accumulate in overtime. And for sure you will gain profit on that method.
11145  Economy / Gambling discussion / Re: 2016/17 NBA Season on: July 08, 2017, 04:56:36 PM
The Cavs picked Jeff Green for a pretty cheap contract. I think he could be a good rotation player and most likely called upon to defend Durant and give Lebron a rest however the real meat in these news is that it implies there will be some upcoming trades involving current Cavaliers players. I would say the top candidate to be traded in the next days is Shumpert (we already knew he was in the trade block).

In my opinion this very much confirms there's a trade in the works for him and some big names could be actually involved in this case.

I think so that he is a good defender and probably he's final duty is to guard only Durant. But the game is not just always focused in Durant. Cavaliers is becoming stronger and they wanted to secure this next season. Shumpert is a good versatile player.

Yes. Jeff Green main role for the Cavaliers is to defend the opposing teams franchise player.(similar to Igoudala of GSW). it will definitely offload from Lebron's shoulder,  as we can see last Finals where he go one on one with Durant. Cavs are really building a good team to really match with GSW and other teams for that matter. And for Shumpert, he is still a good role player, but it will be no surprise if he is traded.
11146  Economy / Speculation / Re: Is it too late to buy bitcoin? on: July 08, 2017, 04:25:02 PM
It isn't late too do anything until you have the fear of losing. But in case of Bitcoin you will at least not lose. You will make bigger profits in coming years as it would be world wide accepted electronic currency which is gaining acceptance at faster pace.

Correct. As long as you have money to buy bitcoin then get it. Although with the current price, it is so much expensive. But you have to look it at a long term. Get bitcoin now and try to save it in your wallet and go back after 1 year. It will probably give you nice profit but I don't how much because we all know that the price is quite unpredictable. But chances of bitcoin price going to the moon in the next year is quite high. So buy now and try to hold on it.
11147  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Making easy profit with "Shitcoins" on: July 07, 2017, 10:53:32 PM
Is anyone else actually trying this method? lol

Nope, most pennycoins only cost you money if you step in now

High risk, high reward. But when they are already pumped, the reward will be less than 2x and not worth the gamble

I think its ready up to the individual on how he gonna buy all this shitcoins for profit. And it you got lucky enough the reward can grow to more than 2x your investment. But yeah this is really a big gamble for some and the risk is really high. And for those gambler/trader shitcoins are perfect opportunity for them to exploit.
11148  Economy / Speculation / Re: I have been waiting for Bitcoin to reach $3000 on: July 07, 2017, 08:46:19 PM
I have been waiting for Bitcoin to reach $3000 so that I can sell my Bitcoins, but seems as if it doesn't want to reach that value anytime soon. SHould I sell with the current amount? Undecided
If you have been willing to wait, I'm sure you still can be willing to wait for another month or two to reach the value you want, fluctuations continue and if you wait until 1 or 2 months I'm sure bitcoin will continue to increase to $3000. But if you can not wait any longer, I think the price now at $2500 is also good enough and there's nothing wrong if you sell it now.

Yes, why can't you wait a little longer? I'm confident that it can be touch but because of many factors it will probably takes months or so before touching it. I see that the price is currently in red again so I we need to wait a more. And I'm sure many will dump their coins once they see that the price has hit $3000. Its a mental barrier for some.
11149  Economy / Trading Discussion / Re: Loss almost 40%, should stop trading or not ? on: July 07, 2017, 08:19:46 PM
I even lose 100% of my capital in trading but that does not make me stop, instead I work hard to improve my mistakes and I
am hoping that slowly I will be able to get back my loses and be on the profitable side one day. Well, that was a long time ago because
now, I am already enjoying my profit in trading, if you quit you will never win, remember that.
Good for you that you managed to gain profits after losing big time, but what exactly have you learned?

In most cases people just blindly trade in the hope that they will be on the positive side after a while. Some times they lose hard, and some times they win hard ~ what makes you think you're not one of them?

Trading only makes sense if you know how to properly analyze the market, and read out as much information as possible that brings you as close as possible to a profitable trade. It ain't something easy.

I will tell you one thing that worked for me. Invest. I mean invest for 2 years at least. Don't touch your investments at least for 2 years and you will do fine. Don't trade simply looking at prices that are pumped up. Buy only when the price is red and is consolidating. That is when you make money. I bet you lost money because you bought when it was high.

Of course holding long term investments is better than maybe day trading. But some don't have the patience to really hold for long term because of other reasons. But I have to agree that holding long term will really put you in an advantage because the chance of getting profit is huge specially in bitcoin market. So hold then go back after 2 years to reap your rewards.
11150  Bitcoin / Bitcoin Discussion / Re: Meet The Man Traveling The World On $25 Million Of Bitcoin Profits on: July 07, 2017, 07:45:36 PM
It's funny that each time the price goes up significantly, articles like these pop up. Not that long ago we had a millionaire school dropout who invested in Bitcoin at the time the price was like $12. Now this article pops up, and what's next? Granny finds out that $1000 investment in 2011 has made her a multi millionaire? I don't add any sort of value to these articles since there is no way to confirm if this has really happened. In normal circumstances, people finding out that they have made a fortune will not just openly share this with the whole world. I don't buy it.

Yeah, maybe this is one way to attract investors anew when the price of bitcoin is down. I think there are a lot of similar stories globally and in due time we gonna see it pop one after another. I still consider this a good news for bitcoin market in general.  Let us wait and maybe next month a Granny will soon be a millionaire.  Grin
11151  Bitcoin / Press / [2017-07-07]China’s Central Bank Not Backing Bitcoin as Currency on: July 07, 2017, 04:09:36 PM
China’s Central Bank Not Backing Bitcoin as Currency

An adviser for the People’s Bank of China has said that digital currencies, like Bitcoin, do not have what it takes to be a viable alternative currency, but backs them for their ability to hold value.

Bitcoin’s own classification is still quite muddy with it showing the characteristics of many different things. It has been compared to digital gold, as a valuable asset that grows in worth, but it has also been integrated into pay systems in retail stores recently.

China has itself been a bit two-faced in its appropriation of digital currencies, as it has gone from banning withdrawal of the asset, to setting regulations on it aimed at stopping fraud and scams around the digital currency.

https://cointelegraph.com/news/chinas-central-bank-not-backing-bitcoin-as-currency
11152  Bitcoin / Bitcoin Discussion / Re: Invest in bitcoins today and be a millionaire in the future! on: July 06, 2017, 07:41:12 PM
This is wrong thinking. No one can't say whether Bitcoin holders will be millionares or not because no one can't say for sure how the situation with Bitcoins will develope in the future and what the price will be.
Ali this dreams about getting millionare over night are just a dream. Better concentrate on near future not so distant one.
Well, we can, someone with a thousand coins is a millionaire right now, satoshi has more than a million coins to himself so he is a millionaire too, we do not know how high or low the price will go but there is no doubt that there are people that became millionaires thanks to bitcoin even if we cannot put a face and name to those addressees.
It seems to me that the users who used Bitcoin even at the dawn of its birth became the millionaires. Perhaps 2010 and 2011 were really active for such people. Today Bitcoin is starting to consume my users very little. You can get rich with a millionaire but it's very difficult.

I think you can still to be a millionaire with bitcoin but you have to invest more as compare to the early adopters who got it at a very low price. I guess around like 50K to 100K USD investments to get a million is return. So for casual investors like us, it would be very difficult to get rich, but for those who have such big amount of money to invest in bitcoin, chances are along the line they will be millionaires.
11153  Economy / Speculation / Re: Slow gains and stability on: July 06, 2017, 07:10:27 PM
It's interesting to analyze the predictions of only one week ago Wink

The price is still pretty stable and has even recovered a bit - that surprised me a bit, I had expected a price of about 2200-2400. It has broken out of the triangle we talked about then, but to the upside, not to the downside, although it seems that the short term trend goes sideways and we stay inside the limits (ups and downs) of the last month.

For me that is a confirmation that we're still in "wait and see" mode - the market is waiting for fundamental news about Segwit and the future of the scaling debate. Maybe the holiday season in the Northern hemisphere is also driving down volatility

You shouldn't limit your observations to Bitcoin only

And while Bitcoin has been trending sideways, Litecoin has finally jumped over 50 dollars per coin (and made an ATH at slightly above 55 dollars at Bitfinex). It could be interpreted in the way that it receives some liquidity which continues to escape from Bitcoin. Indeed, the markets of these coins are simply incomparable so far, i.e. a small outflow of money from Bitcoin cannot seriously affect its prices as of yet (in fact, Bitcoin price could even rise a little due to some random aberration), while it is more than enough to pump Litecoin. And we should not forget that, as the proverb goes, many a little makes a mickle

We're in a tight trading range for Bitcoin but after huge gains, stability is probably good. I also like that litecoin is starting to show signs of life. I was hoping it would increase more like zcash, etherium, and Dash which have made huge gains lately.

I think there are no such thing as stability price of bitcoin. Its either go up and down. However, we are now just seeing a somewhat slow gain this past weeks or so. Maybe because people are worried about Aug 1. But as far as LTC goes, its about time that this coin should be in the spotlight after BTC and ETH, LTC has been around too long that at least investors should also take a look at this coin as well.
11154  Alternate cryptocurrencies / Altcoin Discussion / [2017-07-06]Is Ethereum Getting Ready For Mass Adoption? on: July 06, 2017, 06:42:31 PM
Is Ethereum Getting Ready For Mass Adoption?

The massive jump of Ether price in the past few months has caught the attention of lots of investors. However, many of them are still questioning whether this cryptocurrency is viable for being adopted by the crowd.

Some common arguments are that Ethereum can currently process around 20 transactions per second, while Visa is capable of handling over 24,000. Another argument can be that it is challenging for somebody with little technical experience to set up an Ether wallet.

These are all valid logical reasonings. However, there are also some facts that may indicate that Ethereum is actually moving towards mainstream adoption.

https://cointelegraph.com/news/is-ethereum-getting-ready-for-mass-adoption
11155  Alternate cryptocurrencies / Speculation (Altcoins) / Re: how low will ethereum go? on: July 06, 2017, 06:03:26 PM
Articles like - https://bitcoinmagazine.com/articles/ether-price-analysis-decrease-buy-volume-pushes-price-lower/ , make me feel nervous holding ETH at least in the short term, am moving my ETH holdings to alternate coin at least until we see how the rest of this month plays out with regards SegWit, am tempted to move all to USDT and wait it out to be honest.

I think ETH will remain in the $200 for me. There are many ICO's that are still offering ETH as payment so I don't think that it can go down further from $200. There will be still enough investors to get it and put in it any ICO they choose. But I think it will be very hard to ETH to rise again in the
$300-$400 price. So if you can go out and exit and not be trap then I can surely advise you to do so.
11156  Economy / Trading Discussion / Re: How do you Panic? on: July 06, 2017, 05:28:37 PM
Of course when you see that the price is going down very fast and you are thinking that you are losing your investment. Then you panic and push the sell button without ever thinking what the hell did you do it. But now, I usually don't panic eventhough I'm seeing a price dump. I'll just stay calm and see how it pans out.
11157  Economy / Gambling discussion / Re: Mayweather Vs McGregor: Info and prediction thread on: July 06, 2017, 05:04:25 PM
It's pathetic to see casuals acting like they know more of this match yet didn't even know how and what discipline is going to be followed. It's pretty obvious Connor have very very slim chance of winning. Of course i'll give Connor a puncher's chance.

That was almost the same prediction of analysts to the Pacquiao vs. Horn fight, and the results were not as predicted. In sports, there is always the uncertainty of the outcome. Just like in Gambling, your chance is 90% on winning, yet there are factors that will lead to a loss. The Mafia is there for money-making, etc.

Yes we will predict based on players performance and strength, but I think this match result already decided by Mafia who will win in this game. This is not pure sports bro this completely business. Even players also not play for the company and their team they play for money. We are the idiots love sports and bet for our fav players. Finally, the money will go to mafia and players, and we will get only entertainment and an empty pocket.

You are understimating how big these guy's egos are. You think that Conor McGregor, Mayweather or Pacman would geopardize his legacy for money?

They want to win and no amount of money can brainwash them into taking a loss, because long term that's worse for you.

Sure if the match is close judges can be bought to score one way or another but that's not the point. Both fighters want to win at all costs. Top professional boxers will not lose on purpose for money.

Not the Mafia conspiracy thingy again. This is not the 40's-70's where he Mafia has a broad influence on the sports of boxing. No Mafia can do that thing anymore. And yes, they will not let themselves lose for the sake of money. They are winners already, and they hate losing. Look at other boxers who have lost and didn't able to get back to boxing again because the lost has a big impact, psychological wise. (Hatton losing to Pacman).
11158  Bitcoin / Bitcoin Discussion / Re: 1 August 2017, Does everyone think it is effect to bitcoin price or not? on: July 06, 2017, 04:39:37 PM
1 August 2017, Does everyone think it is effect to bitcoin price or not?

I would like to know.
should I buy bitcoin right now or just wait after 1 August 2017.

If everyone predict that the price is fall down after 1 August 2017 then I will wait and see it.

thank you.


what do you think about price?
Every time when a segwit is taken place, of course Bitcoin price will change. I think its price will change, increase up to 10% - 20% because this segwit2x  really affects to everyone.
I am hearing a lot of rumors from last two months that the price of bitcoin will crash down on first of August. I believe if the rumors were true, we could see the price of bitcoin falling from now on.

But there isn't any effect on price of bitcoin. Infect the price is getting higher and higher. I would suggest not to believe in these rumors. Go and buy your bitcoin now as the prices will go higher and higher as the time will pass. If you buy the bitcoin now, you will get the more advantage. I hope price will rise up to 20% only . The ratio might decrease a bit.
there is a mixed situation i think.. some people are thinking that bitcoin price will badly effect and will drop to a low level where as other people are pretty confident about the price of bitcoin and think that it will continue even after some 1st August.

Yeah, a lot of mixed feeling around here and added by a lot of FUD as well. We can only speculate what will be impact of the activation in Aug 1. But I think it will not break bitcoin ecosystem and will continue to flourish along the way eventhough the price may crash. But sooner or later it will recover and the price is going somewhere along the $3000-$5000 range.
11159  Economy / Trading Discussion / Re: btc crash now = TOP buying opportunity ? on: July 05, 2017, 01:54:11 PM
Yes I consider this as top buying opportunity. Btc crash is not dangerous that you need to panic but a piece of joy, that you finally can atleast now buy btc for cheap price, not just that cheap but atleast it is less than before. In my own opinion they make this crash because they have already pattern about this however even btc price is crash there is day after that it will soon increase. There is high and low price.

Yes. other consider this as a opportunity to buy back bitcoin and save in your wallet. Currently the price is still good for buying if you are going to ask me. It is below $2600 and if you are in it for a long term, then definitely you can buy now and hold it for a long time until the price double of triple. Buy and hold. That could be a good motto for everyone.
11160  Alternate cryptocurrencies / Speculation (Altcoins) / Re: LTC hitting all time highs on: July 05, 2017, 12:55:57 PM
Litecoin is spectacular these days, but I am not convinced yet it's a bubble or it's sustained and will continue to grow.
But I cannot deny, it clearly worth buying some (or some more) at least until August 1st, many will find Litecoin as a good alternative until Bitcoin settles.

Yes, I think LTC will continue to grow in the future. And its not yet a bubble, only few are still sold to being LTC as alternative besides btc and ETH currently. And I think more people who are into gambling are using LTC as alternative crypto's right now. Let's just wait and see when everything settles in Aug 1, if LTC is going strong still.
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