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1501  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Which is the best DECENTRALIZED exchange? on: October 25, 2018, 12:22:54 PM
I can suggest idex because there are great volumes. And also compare to ED and FD they just charge gas very cheap base in the ethergas required. You be must be aware also that there is taker and maker system, it means if you're selling(taker) the token must have a minimum total amount of .15 ETH and if your a maker(buyer) min. Required amount is .05.
I really like this exchange. At least - this is the best that exists at the moment. There are good volumes on the exchange and it does not freeze like other decentralized exchanges.
IDEX is not a bad exchange for a decentralized exchange at all except for the fact that some times, lack of trading volume, as well as the usable part of it can be very exasperating some times.

I know at least, we still have some good ones that can be manageable like this IDEX, but at the same time, it is just about being manageable and nothing else. For now, I really do not have much to write home about in the aspect of decentralized exchanges over all, maybe in the long run, we will get there, but for now, the experience is not that sweet.
1502  Economy / Trading Discussion / Re: Most bitcoins trader are liers and bragg, Are you one of them? on: October 25, 2018, 11:40:44 AM
Any one that do exaggerate about his earning profit in crypto is neither a trader or a scammer trying to impress naive people about bitcoins. I was pressured by my friends to tell them how I earn from bitcoins trading and I quite remember when I showed them my losses from binance exchange, they got disappointed.
Well, that is the thing! Trying to impress naïve people, but impression they give does not have to do with them as there is no way you can even know if they are really making a lot or not.

It is their own pocket, and even though I know real traders making shit loads of money does not brag about it, it is always for the little ones who know nothing which to me are considered the empty barrels that makes the loudest noise. What people should always be particular about most of the time is to at least know what they are doing and be able to make decisions on their own without being deceived by anyone.
1503  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Ripple (XRT) unseat Ethereum (ETH)? on: October 19, 2018, 12:56:05 PM
Ripple bankers support, which means that he will have a great future.
The support coming from the bankers is precisely the reason why many people in this market do not want to buy ripple at all, so while the support of the bankers is without a doubt important because they are very powerful at the same time you need the support of the community and ripple is not going to get it because many think that is not even a cryptocurrency.
Apart from the support from the bankers, one thing every investor should know is to never trust a centralized currency that the team is holding a huge part of it as that makes it suck.

It is a market that over the years we have known for its pump and dump and even though it may have some usefulness in the banking sector, I really do not see very much going for it when we start trying to get a good growth for potential coins in this market. With respect to unseating Ethereum, there is no point basing that on an unsustainable market cap and the only reason we saw this happen was because of the quick pump.
1504  Economy / Trading Discussion / Re: I fail in trading on: October 13, 2018, 02:14:18 PM
You have to learn more about how to determine support and resistance area by use price pattern and some indicator. If you understand already how to do that so you will know which level price to buy and what is the stop loss level. Different between stop loss and take profit should 1:2 , for example if stop loss 5% so the take profit should be minimum  10%.
Actually, there is really a lot to learn when it comes to trading, but the problem is people are not always patient to learn all they need to learn before even starting to trade but since they heard you can make a lot of money from trading, they just want to start making money immediately, and it is because of this that a larger percentage of traders are always losing most of the time.

Trading can be fun, only when you have the knowledge and experience to be able to trade and you cannot just get all those in one day which is why I always advise wannabe traders that if they want to do well, they should not rush, but start with paper trading or demo trading, so they can at least build on themselves.
1505  Economy / Speculation / Re: Potential for future growth of electronic money in 2019 on: October 13, 2018, 01:03:06 PM
More and more central banks are researching the use of electronic money, they want to understand how electronic money and Blockchain technology can affect their countriesThese are the reasons why electronic money will become more popular in 2019.

I really doubt that central banks are researching because they wanted to take advantage of electronic money. What they're interested at is the technology behind it, which is blockchain. They hated crypto because its a threat to their existing financial system.

And you, What do you think about the future growth potential of electronic money?

The future looks bright. Eventhough we have seen a lot of negativity and countries becoming hostile to crypto, there will be nations who will support it because of its potential. We have seen countries enacting laws to support crypto/blockchain/ICO's. So its just a matter of time, maybe 2-5 years its full potential will be realized.

Certainly, there is no doubt that what they are really looking at is the technology behind it which is the blockchain technology and how they can inculcate that into the fiat system in the long run.

Crypto however may be a threat to their existing system, but unfortunately for them, it is just something they will not have any other choice than to come around to accept eventually as we are beginning to see a lot of banks beginning to see how they can tap from the existing benefit that lurks obviously in the crypto space and we sure know it is anything for the profit when it comes to banks. The potential for future growth of electronic money has always been there and we are already experiencing the growth actually.
1506  Economy / Speculation / Re: Institutions investors will adopt bitcoin. on: October 11, 2018, 07:39:27 PM
This is a very low probability. stretching Price volatility is delaying the start of integrated systems.
maybe this will be possible in the future, but it is not a bright job.
Really ? Stay there and keep waiting to see if it is a possibility now or not, but if you really want to hear the truth, if you think the institutions are not already in this market, either big or small, then, you are most definitely holding an individualistic belief or impression that is contradicted by reality or rational argument.

The institutions are already in mate and like someone said, you may not be seeing their actions yet on the exchanges, but when it comes to the OTC and accumulating the dips, they are most definitely in this game already.
1507  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Eth Worth $30. Is it possible? on: October 11, 2018, 01:32:03 PM
I cannot say that this is true, but I cannot say that such a scenario, if there will be a bear next year too. So all will show the time and actions of large investors and their influence on the market.
The market is unpredictable no doubt. We can have further fall as well if the market stayed red for some more time like there was huge fall in Bitcoin in 2013 when even ETH had not been launched. As much as 80% of the market had dropped and then it recovered in 2017 with boom.

ETH is also a cryptocurrency and the possibility of ETH loosing huge value is not a new thing but ultimately we conclude at the fact that the revival of the market will bring green days.
1508  Economy / Speculation / Re: Tomorrow is now. on: October 08, 2018, 12:42:56 PM
Not sure BTC will take off for just this reason.   Crypto really takes off when people have to use or there is an extra advantage to using BTC.

In some countries this is already true, because of how BTC can cross borders quite easily and is not bound to one set of politics or culture but unites the world.  Not everyone cares, but it can be a positive for everyone eventually and thats when it takes off.
You are way too late about this. Tomorrow was yesterday Cheesy People who were scared to get into bitcoin already got in and got out. Bitcoin has been around close to 10 years now, there are no more "should I get in" or not in bitcoin. Last year when the price went skyrocketing to 20k people who were on the fence got in, people who are not skeptical about bitcoin and just simply not interested will never get in until they change their minds but the people who were interested but wasn't sure when to buy already got in and with the drop they got out. So by your logical it is seriously "tomorrow was yesterday" and not today Cheesy
1509  Economy / Trading Discussion / Re: What amount did you start to trade? on: October 06, 2018, 11:18:49 AM
I have been thinking whether 0.005 btc is good enough to start but it is just for practice trading right, no matter, if you lose the profit at least you will gain experience.  I start my trading in coinut and deposit 0.005 btc when it was around 12k USD. I stop my trading when the fluctuation causes traders to sell high.

Eventually, I am trying to read chart and still losing. I know I need to learn more, and I have tried to trade with altcoins with low price but not yet satisfied.

My question is what is the exact  amount to start  trading and how much profit will you earn. Give me example and I will evaluate.

Please answer my question professionally, I will delete answer with no connection to the topic.

Thank you. GODBLESS.
Like they will always say– invest anything that you can lose without feeling the pain of losing it. You know how much you have pocket, and you also know what you can afford to risk without caring whether you lose it or not. When I started trading I started with about $100 worth of BTC (can’t remember the BTC equivalent).

I started with that and I did lose money, first time was about $15. But with time I start to gain experience and got perfect. I made money from trading and this time around invest thousands of dollars and trade with it.
1510  Alternate cryptocurrencies / Altcoin Discussion / Re: Is crypto a danger or an opportunity? on: October 01, 2018, 10:04:13 AM
I think crypto currency is a very big opportunity for all of us, both to invest and transact between countries and crypto currencies, not to make people lose their economies, instead they will increase their economies, because no one can predict falling market prices or rising market prices.

Opportunity or risk, it is just simply how you want to view it that matters. What some people may consider risks, some might even see it as an opportunity once they are able to apply wisdom into making very good decisions. Crypto to me is not dangerous and the only time a danger may be posed is certainly how the individual approach things which to me, people are actually the main cause of the danger that befalls them and not crypto, because they have refused to utilize information and knowledge to make important decisions.
1511  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is market going back up to 8k? on: September 22, 2018, 11:36:31 AM
We though rose up to 8k but the trend in the market all the same goes descending. Nobody can know when it stops and will go up.
No I do not think like that. We are not yet on the path to recover. The current market value of Bitcoin is still less than $6500 which is not encouraging. Also the market data is not so much in favor of a rise right now. Moreover, a recovery is expected in December or in the start of the next year.

These facts though refrains form investment right now, but another factor that is the future profit is encouraging the investment decisions and promises recovery beyond $8000 as well up to more than $20000.
1512  Economy / Economics / Re: Where and How to Spend Your Bitcoins? on: July 28, 2018, 06:08:49 AM
A lot of people in recent days have started to look into digital currency, but here is the question — where and how can you possibly spend your bitcoins and altcoins?BTC


You can spend your Bitcoin on Amazon through the purse.io website and even get discount. There is also one luxurious site I found online and have seen some people say in this forum that the site is reliable. I can’t remember the name but you can buy lots of things from the site ranging from cars, wristwatch, necklace, houses and lots of other things. I might search for it, when I find the site name I might come back to edit this comment to add it. But as for now, you can make use of purse, or use BitPay wallet to convert your Bitcoin to Amazon gift cards (even better)
1513  Economy / Speculation / Re: Will bitcoin reach $25000 by the end of the year? on: July 28, 2018, 05:34:33 AM
My prediction is far different from what others feel about the bitcoin price in the next few months. I do believe that bitcoin will collapse again at the 9700usd rate. Then I expect Bitcoin to go down to $4k to $3k.. Then a couple of up and downs. In the next few years we could see Bitcoin at $25000
That is interesting. What index do you use to speculate? What I think is that there is great possibility for Bitcoin to reach and cross the $15000 value till the end of the year. Some experts speculate high value for Bitcoin and some over optimistic go beyond the $30000 as well. But no matter what the price will be, the technology is outstanding and it has a great future so in my opinion, everyone should invest in Bitcoin and it will pay off at some point in future.
1514  Economy / Speculation / Re: Are you afraid of the market now? on: July 28, 2018, 05:03:08 AM
I think the next economic crisis will affect the digital money market.
what's your point of view?

No, I realize the crypto market will never be stable and constantly changing, it's perfectly normal because demand and supply are very influential on market value.
I do not think there is anything like down in the market atmosphere right now. We are going through a recovery phase by the way. Did not you see the rise in the values of Bitcoin and the stability in the price that has been attracting money for sometime now? August might be more potent in the growth of crypto if the rend went on and the signs for an impending boom will be more clear and for sure. SO yeah we will have high prices for both Bitcoin and altcoin.
1515  Economy / Trading Discussion / Re: The market is so positive (100% HODL) on: July 26, 2018, 07:15:59 AM
Yes that is true, lots of positive news about bitcoin but the other side i feel that altcoin are now declining due to demand in bitcoin which is now turning in green.
We should take this advantages to continue holding for the better income in the near future.

The altcoins isn't declining, but it was just dependent on how bitcoin will have to go further its value. Green signals indicates pumping price and its demand of bitcoin shows positive changes of value, so if we may see alts were falling at lower value that's only a part of the corrections period. Hodling at 100% assurance could be the best strategy right now and this can be a perfect choice to have.

The market prices right now is currently increasing slowly and it was still the best time to hold your coins and wait for the higher prices to come out before selling.
Of course it is still not the time to sell the coins and feel the cash. We are only in the $8000 figure right now and this will go up as well so why not to claim some good profit in the end than to earn little right now. That is why they say when you are in the crypto market; you should be patient and believe in the progress. But this rise was much needed because so many people had been calling the technology a scam. Besides, the growth is always slow in Bitcoin so it will take some time for the market to boom.
1516  Economy / Trading Discussion / Re: Why are people afraid to invest in cryptocurrency? on: July 26, 2018, 06:43:53 AM
Some times I usually think of the reason people are afraid of investing in cryptocurrency, despite the its value and durability, cryptocurrency is a standards investment that will always give the investor the chance of becoming a millionaire due to its appreciative nature, people fail to understand the fact behind cryptocurrency investment, most times the people trying to invest may not have a maximum knowledge of cryptocurrency.
obviously most of the people are just afraid to invest in anything because investing itself is way harder than working on a regular job that you get salary from and you can be calm about the amount that you will get.
Investing isn’t purely entrepreneurship but for most of the times there are cases that resembles with entrepreneurship. People don’t want to go for a new thing. They don’t let themselves taste these amazing new chances. What they want is to stick with something that is currently under execution and that is safe for them. Don’t be like this rather be flexible.
1517  Economy / Economics / Re: Increasing number of celebrities endorsing cryptocurrency on: July 26, 2018, 06:08:43 AM
Former Manchester United and Real Madrid striker Michael Owen is launching a cryptocurrency in his own name, joining other famous sportsmen including Manny Pacquiao in a new venture to connect with fans.

The retired England star announced Wednesday his investment in the Singapore-based Global Crypto Offering Exchange (GCOX) as he unveiled the “Owen Coin”.


http://punchng.com/ex-england-star-michael-owen-to-launch-own-cryptocurrency/amp/



Could this be a booster to cryptocurrency because these celebrities have big influence world wide and could invariably canvass more support for cryptocurrency.
That can definitely affect the cryptocurrency market. The advertisements have a great impact on the audience especially if it is given by some famous celebrity. Obviously people become interested in listening to such ad. This might not increase adoption greatly but will surely give a boost to the adoption of the market. Nonetheless it can increase the awareness about cryptocurrencies.
Actually this is just because of the promotion that people are making for bitcoin. Some times when most of the people talk good about bitcoin everywhere then there are good news coming into the market. This increase the rate of bitcoin because supply become short and demand gets increased. So talk good about it and this will be a super contribution from your side.
1518  Economy / Economics / Re: Is Bitcoin a Bubble? on: July 26, 2018, 05:34:33 AM
Wall street grows ever more certain Bitcoin is a bubble. I can't even say they're wrong. Flirting with $6000 per coin and low economic utility? For as dumb as Jamie Dimon sounds every time he says anything about Bitcoin, the tulip bubble analogy looks less and less inappropriate all the time.

Quote
In a note to clients published on Thursday, analysts at UBS took a long look at Bitcoin, cryptocurrencies, and the blockchain technology that underwrites this whole enterprise.

Looking only at pricing, UBS said that, “a twenty-fold increase in bitcoin prices in just two years, and an absence of any fundamental economic backing, cryptocurrency prices are almost certainly a bubble.”

Blockchain utility doesn't make crypto not a bubble. That'll be important to remember for people buying now expecting to make big gains at this cost basis, and there's real risk there.
Bitcoin bubbles at times. There are two powerful things that affect people in this market and that is fear and greed. Those who haven’t invested earlier will always be afraid that they will miss out on it and at the end they will usually end up with investing at any price and losing their money. While those that invested at cheaper rate will he greedy and not sell cause they believe that the price will continue to bubble, that’s really stupid cause at the end they will all lose.
1519  Economy / Trading Discussion / Re: What are the disadvantages of cryptocurrency exchanges? on: July 25, 2018, 05:45:52 AM
Every day the popularity of cryptocurrencies is increasing. Millions of people – traders, politicians, financiers, analysts-follow the dynamics of their rates. However, nowadays, the use of digital assets is difficult. Even the purchase and exchange of cryptocurrencies are associated with problems - currency rates on different platforms are very different, and a solid commission is charged when withdrawing funds.

Yes there are many drawbacks of cryptocurrency exchanges. The rates of cryptocurrencies are different on different exchanges. The difference is also sometimes due to difference in currency value. The transaction fee of the exchanges is also quite more which makes it expensive to transact with cryptocurrencies. These problems can be solved with Peer-to-Peer lending which directly match the borrowers and lenders.
This isn’t nothing new in the market. Everything in this world have got pros and cons. You can’t just find any single item on this whole world that is defect and con free. No, you can’t really find that out. So try to accept pros of something and ignore cons at much level as you can. This is the only way to live a happy life. Else, your days and nights becomes so hard and living would be harsh.
1520  Economy / Trading Discussion / Re: How do I become a Crypto day trader? on: July 25, 2018, 05:14:43 AM
There is only one website needed for you to make a good daily trader in today's time and that is coinmarketcap and this gives all the news as well as the financial numbers all in one site which means if you spent time on this site you will get better at it. I have learnt most of my crypto knowledge in start from coinmarketcap. It helped me a lot in gaining knowledge about crypto.
Well this seems so interesting that you are looking forward for something that is helpful for you to earn money thorough this world. Yeah, to look for information is compulsory because if you don’t know what have to do and how you would be doing that, things are always complex in the field. To make them easy, read about them on better platforms and bitcoin forum is one of those.
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