Yep, this is definitely a good sign, but let's not forget that we also want decentralization in the crypto world. We don't want all the BTCs concentrated on one man's wallet if possible. However it's a clear signal that big dogs are accumulating this asset and you we should expect more stop hunts created to engineer liquidity for themselves. Don't FOMO and don't be afraid of taking a risk because this is a very important moment in history. You will talk to your grand sons about the Bitcoin ascension
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Haha.. Thanks for this post, man. It woken up some nice memories from the times I was farming faucets a few years ago. I've actually used MoonBitcoin and I think they have a sister website as well, but I don't remember its name. They were paying and a pretty good amount back in the days. However it looks like they are a ghost of the past. The last tweet on their Twitter account was in 25th March 2018, but the site is still running so Idk what to say.. I think it's better to just join it and claim a few times until you can withdraw and see for yourself.
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Another day, another European Qualifiers parlay. These are my picks for today:
France vs Turkey 1 France will probably give Turkey a good lesson on Stade de France. The roasters will surely go for the revenge after the tour match when they've lost with a shaming 2-0. Although both teams are theoretically already qualified it will probably be a "pride" fight.
Moldova vs Albania X2 Moldova has no chance to catch any of the first 2 places and Albania is at 3X their points so they're only playing for their reputation while Albania has to work and give their souls on the pitch today to have a chance at catching Iceland. I'm playing it safe by going with a X2 as I know these two teams don't have powerful attack players and they're mostly playing in defense.
Got 1 out of 2 bets right yesterday. Perhaps I should have been more aggressive on Albania's win as they smashed Moldova with a whopping 4-0. I don't know what happened with France though. They have all those star players, but again they couldn't get a victory against Turkey + they've had home terrain advatange. Today I'm thinking of a riskier play that Bosnia & Hertegovina will beat Greece in depart. Greece is standing quite bad in the group ranking and Bosnia could really use 3 points to advance to the qualifier spot. I expect a hard match though as greeks are renown for their fighting spirit. Probably I'll go for a solist on Bosnia today as it has pretty high odds - over 2.30 on my sportsmaker & the other matches don't really "wink" to me.
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Your statement is pretty much right. The factors that will contribute to Bitcoin being a store of value are adoption, a lower volatility aka stability and of course we won't have that until Bitcoin reaches much higher heights. Personally I don't see it being a stable currency before the $1M mark because there are only so much BTCs to be mined. Considering that 4 million have been lost, we're left with around 17M for the entire planet. Statistics show us that there are over 36 millionaires in the world, but what about governments instituting reserves in BTC or big companies? Would they get only 1 BTC? Of course not.. That leaves us with a huge discrepancy between supply and demand balance. That's the main fundamental factor that makes me very bullish on BTC at these prices. I don't even consider GOLD to be a "standard" anymore.. It is just a metal with no portability and is only useful at jewelry and chip making..
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I'm looking forward to this documentary. The crypto space needs these kind of crypto advocates who militate for the adoption of this technology. The creation of a "cryptopia" is the ultimate goal of implementing Bitcoin in our society. My vision is for it to become the universal world currency.
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I'll repeat this again and again. Bitcoin does not need ETFs to be successful or raise in value. You are always free to trade BTC p2p, OTC, CFDs or futures. Of course that an ETF is a more professional sort to say way to trade and it will have much more regulations. As a final note to my post I have recently heard from a well-versed trader that he is not expecting a BTC ETF to be approved this year, but much more likely in the next year.
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People need to be educated regarding the effects of inflation. The vast majority are not even aware that their purchasing power drops down day after day, year after year. In my opinion the change to crypto would happen onlu gradually(slowly) through awareness/educational campaigns or by a major economic shock like the precarious situation in Venezuela.
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Your perspective on the market is wrong. You shouldn't interpret market price/price action as manipulation or control over an asset price. The charts simply represent the equilibrium between buyers and sellers over a specific period of time. Bots are nothing else than programs that automate trading strategies. There are a lot of different bot types like market-makers, trend following bots, etc. But they don't do anything else then follow the trading rules written in a programming language. It all resumes to this: if there are more buyers in the market then you will see price go up and vice-versa. This is just my 2 cents..
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Well.. it is not really stable coins we're trying to implement here isn't it? Because we already have the electronic payment methods which are pretty much the same as using a wallet to send money & you only need to swipe your card. I think that Bitcoin's mission is much bigger than that - to become a worldwide universal currency that is not governed by banks and people control it, not governments or central entities. The current stable coins have many reliablility problems. DAI sometimes has some brutal volatility spikes that are not a good sign at all. USDT is shady and the other stable coins are rarely used. I've noticed that crypto enthusiasts don't manifest much interest for them.
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They have survived a major hack and successfully reimbursed the loss using their insurance fund. I'd say that their track record is pretty good and gives me confidence in them, but I wouldn't EVER keep any valuable cryptocurrency on an exchange. It is a risk that you take it for free. I recommend only using exchange services in the moment you need it and get your money out of it as soon as possible. If you are a professional trader then I'd recommend using only regulated brokers just to be on the safe side.
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I want to start by stating that I am NOT a financial advisor so you should treat my post as such. In my opinion Bitcoin should be your biggest portfolio allocation as we all know that all altcoins are weak when BTC raises and over time you see what happened to altcoins - lower highs and lower lows. I think this trend will continue with altcoins. BUT, there are certain altcoins which showed impressive development efforts for example Stratis that could easily explode if they manage to land some high-end contracts with enterprises. As a matter of fact there is already an ICO that finished few days built on the Stratis platform that aims to change how people procure their drugs - Mediconnect. The other altcoin that I'm watching is ETH as it is the second most popular in the market and many entities build projects on it.
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I am not a big gambler, I only play for fun with very small amounts and usually on dice sites like bitsler or primedice. My biggest win hasn't been on a casino game, but on a sport events parlay player at a local bookmaker a few years ago. The parlay had around 25 matches on it and to my surprise it was a winner. My stake was 0.50$.. YES! 50 cents and I've won over $200
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I don't think that making a "Bitcoin Central Agency" as you name it would be a feasible option. I think the best way to protect investors from scams is to organise educational campaigns and most importantly to limit their exposure to investors aka their advertising venues.
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I assume that they need to justify their purchases and Bitcoin is not quite cheap. Also I don't think there is enough liquidity in the market to purchase massive amount and OTC desks don't possess that kind of liquidity either. Moreover once the world sees that USA govt. started stacking Bitcoins what do you think the other countries will do? - Will follow of course and create a snowball effect sky rocketing the price of bitcoin.
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I'm glad that more and more businesses are looking into licensing options and AFAIK Estonia is the most crypto-friendly european country. The crypto space needs more regulated businesses into it, but boundaries are needed so that the decentralization and freedom principles of cryptocurrencies are not broken. Regarding the features I'd like to see: - Conditional Order Types
- Leverage if possible
- Webiste design and user interface - very important
- Fast execution - again very important
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there are some people consider Bitcoin is digital gold. because of its mining system and limited stock. So do you think the concept of bitcoin refers to Gold? because gold has a stable value throughout the world. if true. then the country that uses the first stable coin is arabic, with its dinar and dirham. and perfected by bitcoin with computer networks and the internet. What's your opinion.?
In my opinion gold is nothing but a metal with special properties. It can be used for jewelry and electronic chips if I remember good, but I wouldn't put to much trust in it in the eventuality of a worldwide crisis & I wouldn't say it has a "stable value". It has days when it has 3-5% price swings. A stable currency should be one which pretty much hovers about the same value and raises in time due to inflation. In conclusion I don't look at GOLD as a hedge for when the market turmoils. Bitcoin on the other hand should shouldn't be influenced by political and economical events in the world as it is supposed to be a decentralized currency. However Bitcoin still lacks the necessary adoption and usage, but slowly we're getting there.
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What made you think it was an individual and not a company? Whatever entity it was this should be a good sign. Everyt time BTC is moved outside an exchange it should be viewed as positive news as the owner can't directly liquidate those within a push of a button. Anyway I don't think a whale holding this amount of BTC would just sell them at market price, instead he would strategize his orders like a good investor/trader.
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As you said stress and happiness are different from person to person. One man's stress can even be another man's happiness. However my recommendation to avoid being too stressed about your Bitcoin positions is first to be clear what do you want to do. If you want to just invest in Bitcoin, then put your funds in it and don't look back with regret. If you invest on long-term there is no reason to check the price each day, week or even month. On the other hand if you decide to be an active trader on Bitcoin like a day-trader does you should have clear risk management rules, thus removing your emotions from the game. Also whichever strategy you choose be sure to risk only an amount that you are comfortable with risking on a volatile market like cryptocurrencies'.
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Another day, another European Qualifiers parlay. These are my picks for today:
France vs Turkey 1 France will probably give Turkey a good lesson on Stade de France. The roasters will surely go for the revenge after the tour match when they've lost with a shaming 2-0. Although both teams are theoretically already qualified it will probably be a "pride" fight.
Moldova vs Albania X2 Moldova has no chance to catch any of the first 2 places and Albania is at 3X their points so they're only playing for their reputation while Albania has to work and give their souls on the pitch today to have a chance at catching Iceland. I'm playing it safe by going with a X2 as I know these two teams don't have powerful attack players and they're mostly playing in defense.
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I'm skeptic that Bitcoin has made a major bottom yet but it can be certainly be a scenario. We've seen some serious volume supporting the 377 EMA on the daily ~$7800-$8000 level. When bottoming you want to see decent volume that indicates buyers are more aggressive in that area. But we still haven't been able to break the 200 EMA which is quite concerning, but let's watch the price.. it looks like we're going to have second test of it.
On the higher timeframes Bitcoin is looking more bullish. The monthly chart looks like it want to test the 21 EMA which makes me think that we still have to go down a leg or two.
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