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161  Economy / Trading Discussion / Re: Is Crypto Pump Island a scam or legit? on: December 21, 2019, 04:28:01 AM
hey guys,
i found this group called "Crypto Pump Island" on telegram..
They are doing Pump and Dumbs....and are selling a Premium Membership.
So my question is: is this Premium Group worth it ? And has anyone of you any expierences with this premium group ?
thanks in advantage
We have answered this many times in the forum but as long as people ask we have the responsibility of give them our honest opinion so they do not get scammed, all of those pump and dump groups are scams regardless of what you read on the Internet, the only ones that profit from those groups are the ones that organize them and the profits that they get come directly from the pockets of all the people that were dumb enough to believe that they could make some easy money in a matter of hours.

Well if you think about it, from the perspective of a newbie trader, an easy and quick way to have successful trades is through simply following tips from people who seem to know how to make the market move to their advantage. It's a big draw for newbies to make money with less effort. Though of course, that's too good to be true and anything that's too good to be true is likely to have consequences. I've joined pump groups before and in all fairness, there are times when I did make money out of their tips. But those pale compared to the times I lost due to dumps.
162  Economy / Trading Discussion / Re: Buying bitcoin and several altcoins on: December 20, 2019, 01:47:45 PM
I think that currently the price of cryptocurrency is best good price to buying them.
So I am going to buy many bitcoin and altcoins.
Please send msg only man/womens who real selling btc and altcoin.
If no, I will reject all msgs.
I want to buy many bitcoin and altcoins.

buy in exchange more can be trusted for seller and buyer. transaction in cryptocurrency has high risk begin the history of transaction can not to track, and many case scams in the crypto. for safely i advice you to buy in cryptocurrency exchange more trusted, easily to use, and the important thing can minimize the risk in transaction

Do not buy bitcoin directly to a person because the risks are high because you can get scam easily. Use a exchange or broken in order to buy bitcoin. It is safest wsy to acquire bitcoin, just make sure that you will use a exchange that are trusted and have good review from cryptocurrency community. There are many exchanges that have fake volume and market capitalization.


The guy probably wants to gamble. He said he doesn't want to buy from exchanges because he doesn't want to provide his information. There are several exchanges that don't require kyc or info verification. Though that's a risk i don't think you'd want to take. And it's the same risk you take when you offer to buy from someone who you don't have any idea if their credible/legitimate or not.
163  Economy / Trading Discussion / Re: Stop Loss, A life saver or a evil? on: December 20, 2019, 10:30:27 AM
How is it evil? I mean, definitely it can save you from going broke if you're day trading. And you're not going to use stop loss if you're planning on holding for a long time. I think it's even essential that this feature is utilized by everyone who day trades  to avoid getting caught in sudden market swings. Especially if one doesn't have the time to focus on watching the market and their orders.
164  Alternate cryptocurrencies / Altcoin Discussion / Re: What the industry holds for women? on: December 20, 2019, 08:57:08 AM
between women and men currently have the same rights. many male jobs that can be done by women, many women are influential in the business world, their decisions become a reference for business development in the world. I guess women now are not limited to housewives

yes they arent but its already a tradition that women should be only leave on the house while men are the ones that will work because it feel so inapropriate if womens are the ones that will do the job while men are only staying on the house  . women are more weak thats why   .

still womens are being honored for thier ability to care for their child and for thier husbands  . few good industries are now available specifically only for women  .

I'm not even sure why there should be a division between men and women in this industry. For all we know there are as much women now in crypto as men. It's just that prominent names like mcaffee, ver, buterin and satoshi are male, but we don't know if there are women who hold significant amounts of crypto to move the market. I think the plane is equal in these terms. Men may be a little more popular when dealing with crypto, but women may very well close that gap in popularity soon.
165  Economy / Speculation / Re: Is this the right time to buy now? Or wait for a bit to go even lower? on: December 20, 2019, 07:10:20 AM
Well, you just got your lower price, and it didn't last long at all, did it? And let's say you did get in at 6500, did you really spend 6500? To get a big gain of 600 now?

Probably not worth the anguish of waiting and wondering, right?

Dollar cost average yourself and save time and headache.

They're probably not even buying bitcoin at any point lol. Just having fun speculating and letting people know about their thoughts. A trader knows how to average the money they spend. You're right. I doubt many of us here arr buying full btcs. We just buy what our funds can afford. So buy in spurts. You can't tell whether the value will drop some more so do it little by little. As you've said learn how to average your crypto expenses.
166  Alternate cryptocurrencies / Altcoin Discussion / Re: Promoting cryptocurrency through altcoin on: December 20, 2019, 05:51:04 AM
all will depend on what the new altcoin will develop. if the new altcoin project has good ideas and innovations, I think investors will never hesitate to put their funds in and everyone involved in this crypto space will also certainly support to spread the altcoin project to the public.
Yes indeed a new and different vision of their projects will surely attract investors because nowadays most of the projects are just the same and we keep on seeing same projects so if a team that wants to develop a new altcoin they need to be on a different track, different vision but the same goal which is to innovate and with that thing i am quite sure that we will be able to spread about cryptocurrency and people will help in spreading it.
There are several alts and icos being released with quite an impressive whitepaper. The problem here is if the coin will stay true to course. Most of them don't. And there probably won't be an alt that will accomplish that. Bitcoin will always be the posterboy of crypto and that would probably be the case for a very long time. BTC is what most people think fo when you say crypto anyway.
167  Economy / Economics / Re: Is bitcoin volatility here to stay? on: December 19, 2019, 01:47:22 PM
Obviously yes, otherwise bitcoin has no more purpose, the volatility is the only reason why bitcoin is so famous.

Otherwise, people would go back to the stock market
Yeah that's the main characteristic that must be possessed by Bitcoin, the price volatility of Bitcoin is also very good as someone's trading job because traders can benefit from price volatility. I think the price of Bitcoin will always be volatile.
before the bitcoin market capitalization became large, Bitcoin will continue to experience the great volatility that it is today, many people like it but some also hate it because the capital of traders and investors loses because of that great risk
I am one of those who love bitcoin volatility because with it we can buy at a cheap price and sell at high. If bitcoin was not volatile it would remain at the same price so there must be no profit for investing. Right now the price is quite low but still its moving and I am sure one day it will be more than double and give us a lot of profit so we should keep patience.

Well bitcoin's initial purpose was to be make actual transactions faster and easier. Of course volatility will always be there as even fiat currencies move up and down in value. What may very well happen is for the volatility to recede and be a little more stable. Perhaps by that time, bitcoin will start to be seen as something that you can spend for your daily needs instead of just a store of value.
168  Bitcoin / Bitcoin Discussion / Re: You selling to buy Xmas gifts or using bitcoins to buy Xmas gifts? on: December 19, 2019, 01:11:45 PM
Well if people are using btc to buy christmas gifts then i think that not a bad thing at all. At least we get to have some people willing to part with their btc to make it move. Especially when the price is not that profitable. Not for me though. I consider my bitcoins as my investments so i'll keep it especially at this time. Time to get more actually.
169  Economy / Trading Discussion / Re: How long do you hold on a trade. on: December 18, 2019, 08:58:32 AM
We all know it was difficult for a novice or newbie in come in trading, We always experience some mistake and losing profit in trading.
So in the start we enter in trading we need to know if we encounter some problem we accepted if already. Actually not only you experience like that even if the professional in trading they also make them mistake and regret after they remove some coins they put it already in the exchange site and later going higher up.
Experienced trader making mistakes is a sign of healthy market, why? Coz it is simply shows that the market is very unpredictable which surfaced the trading in a flat standard. But beginners tends to commit mistakes in trading more often obviously they are new but they should have researched what they are entering since it is very hard to perform a move when you do not know when and where to land your feet.

You'll never know. Perhaps whales are just keeping quiet all these times, watching how we little fishes react. Unpredictable, yes, but if these people decide to move the market, they can. And there are times when they do it on a whim without any real reasons. We on the other hand, would have to make decisions that has insignificant effect on the market. Our losses would be entirely personal.
170  Economy / Trading Discussion / Re: Safety first before trading on: December 17, 2019, 02:42:35 PM
Before you do anything with your money like do trading, you should always remember that you will only put an amount that you can afford to lose because when something goes wrong then you will not be frustrated because it is alright for you to lose that money. Learn how to do money management before anything else so it will be easy for other things to follow because you know how to handle your money very well.

Nobody can take care of your money other then you only. If you start trading without having any knowledge then there are bright chances that you will join camp of 'trading losers'. Everyone think crypto trading is very easy, its like buying bitcoin in the morning and selling in the evening.

It's never easy. It may seem like the buy low sell high principle is pretty simple, but it's not. You risk a lot already by making trades. Safety i think begins with things that you can control. Like choosing a reliable site where you can trade, having a secure wallet with private keys and security features like 2fa, and putting in just enough money that you can let go in sour times. Nothing's for certain in trading though there are certain things you can practice to lower your chances of being rekt or worse, getting your money stolen.
171  Bitcoin / Bitcoin Discussion / Re: Bitcoin, Spouses and Divorce on: December 17, 2019, 10:45:54 AM
there are still many women out there who can understand us as men, don't have to retain women who can't understand what men are saying, my woman never asked me to sell bitcoin or anything, because she knew I had given her enough cash so she didn't have to know about the bitcoin that I have, don't have to sue for divorce just want to force it to sell it, it looks weird

Meh. Sometimes you don't know what's gonna happen once you and your wife are in that stage of life wherein money is gonna be the most crucial part of your life.
I could keep hiding in trading Bitcoin and just put it in USDT so after my death, our children would be able to inherit all of it.
I have written several keys to bequeathed to my children, considering that I also do not know about my wife and my situation, so I have prepared anything about the crypto inheritance that I have only for my children

Well i think it still depends. We have our own priorities anyway. If your btc asset came from your own pocket, then i don't think your wife should have any sat on how you handle it, especially if she doesn't understand crypto that much. I think a thorough explanation can work things out. If the asset came a joint account where she's putting in money as well, then that's a different story. I'd still try to explain what will happen, but if she insists, i'll withdraw probably just half of the btc asset.
172  Bitcoin / Bitcoin Discussion / Re: STOP BUYING BITCOIN NOW!!! This coin is crap on: December 17, 2019, 09:53:14 AM
I think you are depressed because you lost your funds from bitcoin. and in my opinion is your own fault. Your argument is too weak to convince users who have been here for more than 5 years or even the past 9 years. if you say bitcoin is worthless, maybe your mind can't reach an understanding of bitcoin. You are too proud of Ethereum, which was born from bitcoin roots. it's okay, it's your right. but don't expect residents of Bitcointalk.org to trust you.

Well no need to argue about btc or eth as both coins have a huge following, hence they both have the support to make sure they don't lose value. Though of course, bitcoin is still the alphacoin whichever way you put it. And i don't many people will take you seriously when you call bitcoin crap. A lot of us here who have been holding, trading and dealing with bitcoin for quite some time, know that there will be a time when btc will be widely relevant in future transactions.
173  Economy / Trading Discussion / Re: I am not lucky in trading - what am I doing wrong? on: December 15, 2019, 07:38:36 AM
Obviously trading is really hard to predict and you really have knowledge in order to know when to make a position on trading and whrn to execute it and not just to rely on people's chart because they maybe just making a hype.

And you will not gain any luck in trading if you don't know trade properly and that's why you need to know on ehat you are doing.

It's not really about luck in the first place. You'll keep on making mistakes. Sometimes to the point that you're not sure anymore if it's for you or not. The key here is to learn from your mistakes even if there's a lot of them. I'm pretty sure that's how experienced and efficient traders became who they are.

Most of us are not doing well during our first tries in trading but just keep on learning and keep on gathering experiences.
174  Bitcoin / Bitcoin Discussion / Re: The Experience of A Bitcoin User on: December 15, 2019, 07:06:18 AM
Hackers and scammers never stops inventing new strategies for stealing from people. But, how you avoid these scammers is still the same ways – stop installing apps from unknown sources, make use of the main app stores whenever you want to install an application.

One thing to add up in here is that, the greatest risk you could have when dealing with applications is upon right after installing it. To be exact, the permissions that we are allowing the application is what makes us be in danger. You know why? Our operating system in desktop or in mobile is actually doing their part to protect us, but let us do our part to keep ourselves secured by just allowing trusted permission request for them to be limited in accessing our information.


I remember so many applications that are slippery during installation or configuration of the application, like people got used to clicking "Next" when they're trying to install something. Commonly it is an adware from my experience, and it is quite an annoying experience.
Some software also install hidden Bitcoin mining software and you would just notice that it stresses your GPU when you play.


Basically, not installing suspicious apps would deal with this already. Be mindful of whatever you're you're putting on your phone especially if it has potential to gather private info. We also have 2FA already available and for me that's one of the surest ways to make sure that you secure your account. Don't neglect any security measure. There's only so much we can do to secure our accounts on our end.
175  Bitcoin / Bitcoin Discussion / Re: Would it be realistic for the world to run on cryptocurrencies? on: December 15, 2019, 05:54:47 AM
Anyway there would have to be a worldwide economic collapse in order for crypto to take over the financial system.  And honestly, I would *not* want to see a situation like that.

I just thought of an idea about the what you stated regarding worldwide collapse, could it be possible that the reason for this is bitcoin itself? Then the main correction in the market will happen with bitcoin itself, because as of the moment, many government do not want the adoption of bitcoin, and people are also stating that they don't want to be held by the banks so they want to have and be their own banks. In that sense, if people will not utilize the fiats that they have, it can induce a huge collapse of their financial stability and the reason is because of bitcoin. Though, I highly believe that bitcoin will also be the reason for them to get back their financial stability as well.

And another thing, how sure are we that in case of a collapse like that, crypto would be the only option? It's possible that another type of currency of form of transaction would take place instead of crypto. There are a lot of possibilities if that happens, and crypto is just another option. I personally think that a collapse like that, that would put everything to run on crypto, is unlikely to happen.
176  Economy / Trading Discussion / Re: Do you ever trade at work? on: December 14, 2019, 10:29:24 AM
Do you ever trade at work or trade on your work computer? Any reason why you think this might be a terrible idea?
lol, it's very reckless if you have to trade using an office computer, it deserves many cases of trading accounts on hacks and hacked wallets, this carelessness should be prevented why should you use an office computer that is not your own personal, usually office computers that have serious problems, of course you know that someone will do the computer maintenance and he understands about bitcoin and then accesses your trading account, you certainly know the consequences ??

I have never traded using an office computer or anyone's computer, maybe using a smart phone I once did it once but now I don't do it anymore because I worry about security about my money using the internet network from the office


Well most of the time, administrators have access to company computers so the information that you put there aren't a hundred percent sure. You can set up but and sell orders anyway while you're at work, so I think there's no need for you to access it using an unsecured device. It's the same as opening up your bank account with the risk of other people peeping through your information.
177  Bitcoin / Bitcoin Discussion / Re: You don't want Bitcoin, You don't want Future :-\ on: December 14, 2019, 09:54:38 AM
True. One way of having a future with bitcoin is to invest in it. Buy and hold because will eventually surpass its current price.
Trading is also a way to earn bitcoin for the future. Study the way it rises and falls and cash in on it. You can trade against alt-coins too.
Be wise. Safe for the future.
Some people can't be convince so easily. Me personally I watched how bitcoin develops back in its early days up untill where it is right now. And I'm telling people to invest in but they don't want to because they believe that is is a scam. I guess some people don't want a secured future lol.

just because they dont want to invest in btc like you does it mean that they dont want a secure future . of course they do still want a secure future but they do that on other things like saving , saving in a back , investing on assets that they are familiar with , etc.. convincing someone to join btc is not easy especially if you live on a country that btc is slow in progress but dont give up that dream , just market btc to them properly and your efforts will be paid off at the end  .

On point. Bitcoin isn't the only future that we have. Blockchain isn't the only future there is. I'm even thinking there maybe some other alternatives aside from crypto that will be easier accepted by people. Or perhaps the current system will continue as majority would still opt to use the system they're used to. There's a broad list of possibilities and we can't be just focused on Bitcoin.
178  Alternate cryptocurrencies / Altcoin Discussion / Re: What would you have done? on: December 14, 2019, 08:31:53 AM
I will take profits, wait to invest after the dip during a new market cycle. Nevertheless, lessons learnt for the past two years are enough for me.
What lessons have you learned in the last two years? can you tell it here, because what I have seen in the last two years many investors have suffered losses through the investments they live.

It's easy to say and believe that we've learned out lessons already though in reality, when the same circumstances comes, we tend to do the same mistakes over again. If 2017 happens again and we don't know that there will be a drastic dump the next year, I think most of us will do the same thing again. And I think it's normal. I'd prefer to have done differently back then but I didn't know what happens next so I won't lose sleep over it.
179  Economy / Economics / Re: Don't spend bitcoin. Not now. on: December 14, 2019, 08:06:04 AM
Right! Don't spend Bitcoin not now. Because the current price of Bitcoin is too low if you previously bought at a high price, you will now lose. If it were me, I would continue to wait until Bitcoin really recovered.

I think people already know this.

But to be honest, this is easier to say than being done. Yoy see there are a lot of investors out there that panics when these kind of dump happen and they would rather sell their BTCs than wait for the reversal. That is the reason a lot of people lost their money on Bitcoin. If you want to earn a profit, now is not the best time to spend it or sell it.


Well this kind of thinking would delay btc's progress and adoption, I think. There should be movement for it to reach it's initial purpose of faster and easier transactions. Though I don't think we're at that point yet. Both of you are right. Bitcoin is seen more as an investment rather than something for daily use, hence it would take time before people would find it easy to let go of their holdings and use it to make purchases.
180  Bitcoin / Bitcoin Discussion / Re: Bitcoin Whale Spends over 800 BTC just to Win a 5 Million Doge Bet on: December 14, 2019, 07:12:34 AM
https://www.coincurb.com/news/bitcoin-investor-spends-800-btc-to-win-bet/

This guy on Twitter actually spent 800 (probably more) BTC in order to win a few Dogecoins. Goes to show how easy it is to manipulate the market.



And how easy it is for whales to throw away that amount of money on a whim. Makes you envious right? And yeah, that proves that the market can, and is being manipulated. Though I don't know how accurate that is. I'm not sure if that amount is enough to make a significant shift since BTC hasn't had any notable movement.


Makes you consider also, if you have that much btc, would you also do the same? I think i won't if it was me.
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