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1441  Economy / Services / Re: [OPEN] BestMixer Signature Campaign | Sr. Members - Legendary | Up to 0.01225BTC on: April 19, 2019, 12:31:06 AM
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=921974
Current amount of posts (Including this one): 1564
SegWit BTC Address: bc1qaxq8yy847rl0vy98ffwcsqdmvrfdv64vse2kd8
Amount of EARNED merit in the last 120 days: 6
1442  Bitcoin / Press / Re: [2019-04-17]Google Trends: Cryptocurrency Users Buy Bitcoin Only on: April 18, 2019, 05:58:39 PM
So, since Google Trends shows that more people are using the "buy Bitcoin" keyword it means more people are buying Bitcoin? It can show interest in buying but doesn't mean they're buying.
Crazy how people can draw a conclusion from a single graph. Aslo how does it mean people buy btc only?

I quite agree with you, searching 'buy Bitcoin' isn't a proof that users are buying bitcoin only. The main reason why this keyword is getting hot is because term bitcoin is more famous than cryptocurrencies among non-user of crypto. They can't specifically differ between the two. That's why they search 'buy Bitcoin' instead of 'buy cryptocurrencies'. Most of the people in my country have heard about Bitcoin from one place or the other. The common perception among people is that Bitcoin is some kind of high-risk investment which can yield quick returns. They hardly are aware of the concept of cryptocurrencies. So this keyword is the result of search trend of such people. However, it doesn't guarantee that they actually buy bitcoin.
1443  Local / India / Re: Impact of Loksabha election on bitcoin price on: April 17, 2019, 05:03:11 PM

In my experience, friends who used to trade bitcoin used to tell me stories on how Hawallas and people from Chandni Chowk used to trade their cash into bitcoin and vice versa every now and then. This was fairly common in the past 3 years, but since last year this has significantly reduced, and it is because of the fear that bitcoin is illegal in India, even though it is not. Black money will certainly not reduce, but the ability to cash out or buying bitcoin gets limited because of new laws as it creates fear, so it indirectly does have an effect on the transactions happening in bitcoin and hence somewhat the price.

Indian bitcoin market even not 0.1% of whole world tx. So how it will impact price of bitcoin? For your information all big deal happen in btc through only cash deal not now even when it was available through bank deal because margin of trader not much who buy/sell btc, so they can't show their transaction through bank until it was registered company, now RBI closed that bank route so all deal happening through cash, and don't worry, you will find buyer or seller or any amount of btc doesn't matter how big it is. Just try to search little deep.

There is no single price of Bitcoin across the globe. Every market has it own price. Even though spread of Bitcoin in India is relatively low when compared to rest of World but still local market is competent enough to determine its own price. Let's go little back in time. Back in 2017, the highest Bitcoin ever been in International market was $19,600 (approx.) equivalent to Rs. 13,30,000 while in India it went to Rs. 14,50,000 on Zebpay marketplace. At most of the time in 2017-18, Bitcoin used to sell at premium of 5-10% in Indian market due to high demand. After Finance Bill of 2018, Bitcoin fell dramatically in Indian market. It was trading for around Rs. 2,50,000 3,50,000 in local markets while international price was equivalent to Rs. 6,00,000 - Rs. 7,00,000. This discounted price was due to decrease in demand after fear of ban.
So yes, Indian market too decide and have impact on local price of Bitcoin.
1444  Economy / Gambling discussion / Re: Do you watch the matches you're gambling on on: April 11, 2019, 06:31:29 PM
Two and a half year ago I decided to be a cable cutter, so I canceled my cable subscription, that included around 10 sports channels, after that, I have lived with  movie and series streaming options like Netflix, the only time I paid to get access to stream sport was for one month at the 2018 world cup.

But I still gamble each day on sports, most of my gamble is on football, but I never or almost never watch any games live.

How important is it to be able to watch the matches to make correct bets on the teams. I don't think it has made any difference for me, I still withdraw more money than I deposit from my sport bookmakers.

My question is, do you watch the games your gambling on?

Ofcourse I follow games on which I bet. There is no fun to bet on sports if you aren't enjoying watching it. I don't like to place multiple bets everyday. I like to keep things simple and place bets on 1-2 matches a day most that too on winner/draw in full time. My favorite sport is Football and I only bet on football matches. So to me following the live matches is essential element for predicting future results. Studying playing XI and results of past matches are not big helps always.
1445  Economy / Economics / Re: There's nothing more happier than seeing your bitcoin price going up! on: April 11, 2019, 05:49:30 PM
I still remember seeing my bitcoin price going up in the late January, 2017 - that's was my first bitcoin investment. During the mid January 2017, the bitcoin price take a dive from $1,200 to $965 and that was my entry point and I sold them later when the bitcoin price reached $2,700 around June /July that same year. It was my first Bitcoin investment though, but I still remember the joy and happiness of that time - it's an unforgettable moment of my life.

Did your Bitcoin investment ever makes you happy?
Tell me about your first Bitcoin investment, a good or bad experience? thanks Smiley

I was first introduced to Bitcoin in 2014. Back in those days, I had a website which pays people for doing surveys amd watching ads. One of my site member requested me to add Bitcoin as a withdrawal option. But it was quite a technical jargon for me to understand how bitcoin works especially I found Bitcoin addresses very complex. With passage of time, I gained understanding of Bitcoin but investing was still a long game for me. Actually I never invested in Bitcoin! My first investment was Ethereum back in 2016. Prior to that I only earned or exchanged bitcoin from here and there.
Now coming to my Ethereum investment. Yeah! It made me very very happy. I bought ETH for $12. Yes, you read right. ETH used to be between $5-15 back in 2016 before reaching $1000+ in 2017. I sold my first ETH in 2017 and made around 500-600% profit as far as I remember.
1446  Alternate cryptocurrencies / Altcoin Discussion / Re: Could Tether Bring Down Bitcoin? on: April 11, 2019, 03:43:28 PM
The last time Tether crashed, it pushed Bitcoin's price up a lot, so no, it will not bring bitcoin down, perhaps it will push Bitcoin up like the last time.

Last time Tether crashed? Crashed in terms of? As far as I know, Tether's value is pegged to USD, isn't it? The lowest Tether ever been is $0.96 which I don't consider to be called as crash as such differences happen due to trading adjustments. I think your understanding about how market works in not correct. Tether is not a speculative cryptocurrency. It is mostly used as base cryptocurrency for forming crypto pairs on exchanges since it is a good substitute to Fiat currencies. So people can directly trade in terms of Dollars without using USD at all.
1447  Bitcoin / Bitcoin Discussion / Re: How well did crypto exchanges survive April Fool's day Bitcoin rally? on: April 10, 2019, 06:23:51 PM
Haha  Grin I think it was a coincidence that price started improving around the April fools time and nothing more to that. As we can see that it is over but price remains as it is. I see a major break if it goes pass $5300.

In order to ignite a big fire, we need a small matchstick first. It isn't possible that Bitcoin suddenly started rising and rose 30% over the course of seven days without any reason. There are several theories stating the reason of rally. I think the rumor (who knows if true) that someone put $100m buy orders and the hoax that bitcoin ETF is approved are two major reason of rally. So April Fool surely had some contribution to bitcoin price rise, no doubt.
1448  Bitcoin / Press / Re: [2019-03-28] The Economist: Bitcoin revival unlikely.... on: April 10, 2019, 05:42:30 PM
The Bitcoin price has had bubbles and crashes many times over the last 8.5 years and will continue to do that over the next 100 years.

True! It isn't limited to Bitcoin only but everything in the world when attracts attention of large number of people end up worse when interest of people is over. Bitcoin if we compare over the period of 9 years has been the highest grown investment. But when everyone tried to step on ship, ship first sailed wonderfully and gave more than expected returns but as the number kept growing, ship started deteriorating. But it isn't one time. The interest of public keep coming and going. This is the main reason of bullish and bearish run! So it isn't over for btc yet but at the same time it doesn't mean that btc won't collapse again like 2018.
1449  Economy / Services / Re: I am looking for a place to advertise my banner! on: April 10, 2019, 01:39:18 PM
So all the value you can over for a whooping 1000 views is $1.5 dollars with a condition of quality. If you are looking for quality and extra-ordinary, you need to up your game. It is just the best advice I can give to you Huh Roll Eyes

Will to pay upwards of $1.50/1,000 views depending on quality. Please send me a personal message with all inquiries!

$1.50 for 1000 views and quality views so you are looking for clicks why not, go to adwords, and advertise your banner, I don't think any established websites will bite your offer, it's too small for 1000 views, but goodluck anyway.

Hey guys I think he's talking about views on banner not on his site. $1.5 CPM is not that bad if you truly have site with good count of visitors.
1450  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Investors need to face reality on: April 10, 2019, 12:47:55 PM
The situation is plain and clear, the market is growing steadily and not bullishly.

Everyone (incl investors) were hopeful of 2018 being a better year than 2017, it failed and left a lot of people in losses, now there are several blogs, posts, speculations and hope that 2019 will be the year and do better, but who knows if it will be more loss ? Or new profits ?

Let’s learn to things the right way, dyor, cash your profit and maintain a balance in your portfolio

Kindly contribute your opinion

Bitcoin rose from $4K to $5.2K within a week and you say that's steady? It's damn 30% in just seven days.
But being in bull run not every times mean negative hype. Trading assets like Bitcoin have no pegged value. Their values fluctuates according to investors' confidence. So it's nearly impossible to predict bottom for such securities. In the absence of bottom, we can't say if current price is sustainable or not. It could be a start of long run to come or it could be a big movement which may correct by fall in coming days. Let's wait and see what investors at large are going to do!
1451  Economy / Trading Discussion / Re: Bitcoin Trading Cycles on: April 09, 2019, 07:05:49 PM
For me , it's completely random and if it's fit, it's just conincidence !
This is crypto, world of trading, the risky one so the trend is totally unpredictable.

How able people earn profit from it ?
For me, it's believe !

True! The deeper people try to decipher the crypto market trends, more and more complex they become. I have seen many big Bitcoin Price Experts failing to predict the right market movements in 9 of 10 instances. But that's all acceptable because the biggest essence of Cryptocurrencies is their unpredictability. How boring it would been if people could easily recognize their movements! In such scenario, we could only see 5-10% movements at max. But in current market scenario, crypto can fluctuate even 100% in a day. This dynamism is the main reason why crypto have become so popular and changed the life of many traders.
1452  Economy / Economics / Re: Why exchanges constantly expose you to the risk of losing your capital. on: April 09, 2019, 06:41:44 PM
So wheel is already invested. Why exchanges do not apply that? The only explanation is that they are letting their users to buy coins 100x higher for their own profit. Perhaps they are manipulating with order of orders that way that their coins are being sold on the top of that 1 min candle with 10-100x profit. Avoid creating orders in first 5 min of any listing. You will mostly loss majority of them.

The pictures shared by you are of coin listing on Binance. Binance hardly lists any new coin which isn't already trading on any other exchange. Almost all new listing are already trading on other exchanges which could easily be seen from CoinMarketCap. I don't think investors are so dumb that they don't see the existing price of coin before putting buy order on Binance. Only explanation could be price manipulation! Many investors try to create simultaneous buy and sell orders in order to inflate the starting price, then dump their whole holdings and exit the market. It is common practice in unregulated market. There is nothing an exchange could and should do. When the value of cryptocurrencies is non-intrinsic, why does exchange limit it?
1453  Local / India / Re: How Indian Govt. cheated the whole nation (NewsFlash) on: April 09, 2019, 06:07:07 PM
1. This post has nothing to do with Bitcoin so why on Bitcointalk?
2. So you are believing the words of the political party which was removed from power back in 2014 mainly due to scam accusations! Funny and weird!
3. Indian rupee in terms of USD doesn't fall as much as we thought it would after demonetization so demonetization didn't have much significant impact on Indian local economy comparing to Global Economy. If local economy is going strong then I don't think there was much of the scam involved in transition of money back in 2016.
1454  Bitcoin / Electrum / Re: How to move bitcoins from one wallet to another without sending payment? on: April 09, 2019, 05:43:37 PM
Electrum is down as a result of a massive DoS attack. Is it possible to recover my wallet using the master seed OR by exporting the private keys to any of the following wallets:

  • BitPay Wallet
  • Copay Wallet
  • BTC.com Wallet
  • Mycelium Wallet
  • Bitcoin.com Wallet

Thank you for your responses!

If you finding it difficult to import your wallet to any of the above. Use blockchain.com. Simply create a new wallet and then login to your wallet. Then from left menu select Settings. Within Settings, select 'Wallets & Addresses' from sub-menu. Then click '+ Import Bitcoin Address'.
After this, you will see two options to import wallet, 'Address generated outside this wallet and address generated in this wallet'. Select outside option and paste your private key. Your Bitcoin address will be added to your blockchain.com wallet and you can use it simultaneous to your web wallet.
1455  Economy / Gambling discussion / Re: UEFA Champions League 2018-2019 on: April 08, 2019, 06:55:25 PM
It isn't worth to spend money on watching Liverpool playing in Camp Now becuase they surely gonna lose. Cheesy Barça is unbeaten at home for 25 matches now. With extra-terrestrial Messi this season, I doubt Liverpool will stand any chance in Semis. Sorry The Reds, no final this year.
Last year, Barcelona lost against Roma with Messi on the pitch after winning the first game 4-1. If a laughable team like Roma were able to beat Barca, what makes you team that a top team like Liverpool with a far better squad than Roma can't do the same?

So you saying there is no difference between Barcelona squad from last season to this season?
Messi had scored 34 goals in La Liga last season and he's already on 33 this year with 7 matches to go! Certainly he is in best form after 2011/12 season. When Messi is in form, you can expect unexpected. Moreover, Suarez has found net from long distance in last two games, that surely gonna boost his confidence in upcoming matches. With Arthur and Vidal doing well in midfield, Barcelona's midfield looks too strong this year. On the other side, Salah has been out of touch from last many games. He was hardly able to score one goal after 8 PL matches! So when your main striker isn't scoring and you are expected to face Barcelona in Semis, you can't just expect to win via defence!
PS: The little man has promised the crowd during the season start that he will bring CL trophy to Camp Nou. You shouldn't doubt his wisdom! Cheesy
1456  Economy / Trading Discussion / Re: Good Things Don't Last Forever - How To Stay Profitable During The Next Bear Run on: April 08, 2019, 06:19:49 PM
Although April has begun with a highly bullish trading period for Bitcoin, we know cryptocurrency is volatile. When the good times stop rolling, how can traders still make money in a bear market?

We cover all of that and more in this article!

https://medium.com/@Yesbit/how-to-make-money-in-a-bear-market-22c48ad9fc74

The article is about Short Selling. Shorting is although claimed as one of the best financial strategy during bearish market but to me shorting is nothing but a modified form of gambling. I don't consider it to be a pure form of trading.
It is very risky to sell the borrowed asset when one doesn't have adequate capital to repurchase it if the value of asset rise unconventionally. In regular trading, your loss is limited to the extent of your capital. But in short selling, your liability can inflate to infinity!
1457  Economy / Gambling discussion / Re: UEFA Champions League 2018-2019 on: April 08, 2019, 05:29:59 PM
Massive game tomorrow night, my belovec LFC take on Porto in the 1/4 final 1st leg at Anfield. As ever, I’ll be there cheering on my boys!

~image~

(Sorry about the dirty finger nails Cheesy)

I think we’ll get a lead tomorrow to take to Porto for the 2nd leg. I won’t be going to that, the flights are ridiculous prices.

But I'm sure you'll be willing to go to Barcelone for the semi's flight prices regardless (as it seems pretty you can afford it), If it eventually happens that both Barcelona and Liverpool make it through this round ?

It isn't worth to spend money on watching Liverpool playing in Camp Now becuase they surely gonna lose. Cheesy Barça is unbeaten at home for 25 matches now. With extra-terrestrial Messi this season, I doubt Liverpool will stand any chance in Semis. Sorry The Reds, no final this year.

the match was almost balanced, but at the end of the end Tottenham showed a declining appearance in the domestic league, and the mancity I thought was more focused on UCL this season because even though it was only 1 point adrift of Liverpool. UCL final will be a realistic target for mancity.

Don't know why but I am getting the gut feeling that Tottenham will beat Man City in quarters. All depends upon first leg and with new stadium and latest PL win in pocket, I feel Tottenham is capable enough to beat Man City. Also match against Swansea City around 20 days ago shown that Man City isn't as inevitable as we think it is.
1458  Local / India / Re: New P2P exchange in India on: April 07, 2019, 07:37:12 PM

Exchanging crypto in India is quite a deal now. But RBI has given green flag to peer-2-peer trading hence it's not too risky to use Indian platforms for P2P if they are not involved in shady business. Well, it's also a point how could we know that exchange is fully legit. So yeah your point is correct. I personally use Remitano and it's working perfectly for me. Also there is no requirement to do KYC on Remitano (LocalBitcoins requires KYC). I recommend Remitano to Indian traders.

When RBI has given a green signal to p2p trade?? Can you please give me a documented proof?? P2P trade is even more riskier if you look from the perspective of a regulator. RBI didn't give any green signal to p2p trade as far as my knowledge goes! But if you can produce a documented proof, it will be a reality check for me!

By green flag I meant government and RBI have no problem from P2P crypto trading. Their only concern was the involvement of banks in such trading so they banned exchanges from using banking services.
Also Finance Minister said in one of his interview after the Finance Bill last year that people can still transact regular trading among themselves without any worries from government side.
1459  Bitcoin / Press / Re: [2019-04-03]April Fool’s Day Could Have Triggered Bitcoin Price Surge on: April 07, 2019, 06:50:34 PM
Can anyone tell me among these Several crypto market analysts which one was able to predict the price with greater certainty? because until today I only see them joking to make predictions and all forecasts that they make are always wrong and just when the price goes up, they appear once more to look for the causes of the price increase and justify this:

I don't recall one single TA person predicting this move. Not the assholes who turn up on financial shows or the eggheads who hang out on Twitter and Trading view. I thought TA was shit already but that was the final one.  

I was done with this TA thing in crypto market long time ago. The market of few millions of traders controlled by few thousand of big shots and these experts predicting prices from charts, I mean seriously!
Cryptocurrencies are the vulnerable class of securities and could fluctuate by high degrees from some random news and FUDs. But people keep believing that these price predicting channels, self-made experts, price pump channels are some kind of future-viewers.
My crypto mantra is simple: Keep believing crypto, hold no matter what happens

Here a user from this forum actually predicted before the price jump that the price will soon go to either $5,000-5,600 or to $3,400 - https://bitcointalk.org/index.php?topic=5125728.0

He himself believed in the bearish scenario, but still his prediction was pretty good. Now, I don't know if TA actually works, or is it more of a self-fullfilling prophecy (especially if it's true that the market is dominated by bots), but either way it might be worth looking into it.

Wow! He predicted that Bitcoin will either go up or down! That's something next to impossible to predict!  Shocked
1460  Economy / Economics / Re: Will the next economic collapse trigger massive crypto adoption? on: April 07, 2019, 06:02:31 PM
Since the last financial crisis back in 2008, Bitcoin has emerged as a new alternative payment system for the world. The creator of this revolutionary cryptocurrency had a good mindset since he/she designed a system free from corrupt governments’ manipulation and centralized control. The benefits that Bitcoin's Blockchain provides are numerous that can transform our economy for the better. However, there's a possibility that a next financial crisis or global economic collapse will happen in the future as Banks and governments worldwide inflate Fiat currency.

Of course, Fiat will transition towards becoming a digital currency backed by worldwide central banks. But when the next crisis comes, I believe that people will resort towards cryptocurrencies as a safe-haven for their investments.

Which is why, it makes me wonder whenever such crisis will trigger a massive adoption of crypto in the future? Any thoughts about this? Huh

I don't think people at large have adopted crypto as an equivalent alternative to money till now. Even today we measure value of crypto in fiat such as dollar. So with no standards for crypto in our mind, how will we implement them in market independently?
Let me explain in details. Currently we are able to integrate crypto as a mean of payment because it is possible to measure them in terms of dollars. For say, a site selling web hosting for $15 a month accepting payment in crypto so it charges $15 equivalent crypto from customers. Now erase dollar from scenario. A site selling hosting directly in crypto, now what price should it charge? 0.01 BTC? 0.001 BTC? Unlike fiat, crypto aren't inflationary because their supply is limited. This will cause further problems, the crypto-only economy will fall to stand-still. It won't be possible to increase government spending, it won't be possible to increase salaries of employees, etc. because supply is limited! So concept of crypto is not the full-proof alternative to current currency system.
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