I sincere think his shortsightedness should be over looked because he has always been a bricks and mortar man and for same reason he saw a comparison  between Bitcoin and a check, times are changed now and new things taking over. Overall I think it was providence at work for us, because if he had seen the true picture of things, most of us would have already been priced out of the equation.

His assertion that 80 - 90% of people into Bitcoin were driven by profit was by the way not an after thought. For me, at the time I became fascinated with Bitcoin, it was still a rough diamond and I had come looking for convenience and ease of carrying out transactions online which was surely an issue back then. Paypal as always, likes to play the almighty and  I am just reminded of my forex trade earnings stuck in my Liberty Reserve account when the Fed took it down in 2013.

Looking back, wish I had come for the profit though, would have been stupendously rich by now, but no regrets, am already on board Bitcoin's lunar shuttle and we'll get there and those dreaming of a bubble had better keep a date with their doctors, we will be seeing market correction from time to time and that's normal.

The name of the game as far as China is concerned is control, control and control. It has been their lifelong prospect to be the ones calling the shots in global affairs and looks like they finally got a break with cryptocurrency. Now see what they are doing with it, twice this year, they have had to puncture the flow of Bitcoin, just so they would pick them up at cheaper rates.

Isn't belief and conviction one and same thing? The mindset of most bitcoiners is that the features and potentials of Bitcoin are not such that could be easily passed up by any sane person and therein lies the source of an unending demand for Bitcoin, which unequivocally is the launching pad for Bitcoin's lunar expedition.

Those are indeed some strong points, stop-loss especially if not effectively calculated and implemented, can take the shine off a would have been profitable trade, but amidst lots of uncertainties and volatility, it becomes reasonable to look over one's shoulders often and on. As a matter fact, the whole essence of use of stop-loss is just to create an opportunity to re-evaluate previous trading decisions in the light of new developments and then make necessary adjustments, it does not mean a terminal sell or buy.

I doubt we would ever get to the point where everyone would be using Bitcoin! let's be realistic and grateful that Bitcoin is what it is, instead of wishing for things that may spoil the entire party, should they show up. Are we forgetting that Bitcoin is a threat to local currencies, aside from few progressive minded governments, will every other government willingly support Bitcoin and facilitate the provision of enabling infrastructures they would make most dreams here a reality? The answer is no. So then the challenges and not hassles we face in trying to use Bitcoin is actually nothing compared to the pains not having it at all entails.

Vouch copy still working perfectly - still very fast and have experienced no downtime. I must say this is the best vps service I have used in year. Keep it up, Doflamingo! I would want to retain and subscribe for this machine by the time the 1 month vouch will be ending, hope that's possible.

I suppose plan 5 is Ubuntu? I would like to mine Ether with it, pm me BTC/LTC addresses if that is alright by you.

Payment for 28th August - 3rd September received, thanks Ethan-nx and the entire management of YoloDice!

That's a fundamental fact about the way the market and other traded assets work - goes up and reverses at one point or the other and never continues indefinitely in any one direction. You may however want to ensue you don't end up buying at the peak price, or selling at the bottom and that comes only with right knowledge, experience and skills. Good news is that anyone that makes an effort can have them all.

The potentials of Bitcoin is such that its upward projection is almost unstoppable, in no time the $5000 level would likely be breached, so if you are good to go, you can actually buy some, but will also encourage you not to hold them beyond end of the month. As yet, there is no consensus on a hard fork of the network billed for November and a major correction is highly probable about that, so you need to be neutral about that time but earnestly watching and waiting to buy at the dip that could ensue.

There are two strong points in statement above:

1. use of stop loss

2. don't over trade.

Often times, the market confirms it has a mind of its own and we don't get it right with our predictions. In order to forestall situations like that from running out of hand, the smart thing to do even before placing an order, is to define the extend of loss you are willing to tolerate and when to throw in the towel. You have to first of live, to be able to fight another day. That's what stop-loss does for a trader. Then hanging to your trading platform can only lead you to start following market noise and end up over trading.

It is never possible to factor in every event in any trading decision, be it in forex, stocks, etc, because the factors are innumerable and some events like interest rates, Non Farm Payroll are however weightier than many others and  they do shake the market whenever they're in the air. Same goes for the hacking of an exchange, it sends shivers down the crypto-world.

At any rate T.A. are tools to assist a trader in making trading decisions, they're like your navigational aids, problems only start when a trader tries to turn them into some crystal balls.

In the first two images on Manaco, a Head N Shoulders pattern is building up in the daily time frame, that means, it is going to take some days to fully develop and in between a lot of things are possible.

After I had posted those images, a reverse Head-n-Shoulders pattern commenced in the lower time frames, which would ultimate supply the bullish move we are waiting for:









Below is original pattern formation taking shape nicely, price is expected to touch as least the red line before falling hard:

The previous market set up was a huge because market took off our targets severally. Meanwhile focus is now shifted to Monaco - MCO, it is about to make me good money, I actually bought some two days ago, but it only just resumed the trip, can anyone see the complete picture or what's cooking?

Interestingly, Bitcoin Cash is not even the competition for Bitcoin, we are going to have to wait till the end of November to see what the real competitor is like - users/miners. Till now, Bitcoin Cash is just one of the hen and the egg stories!

It helps much more to have a well defined trading plan in place and to follow same religiously. That way overtrading - your emotions taking the wheels, which is a consequence of hanging on to your trading platform for so long, can be avoided so you only get to trade when the criteria in your plan are met or no trade is made at all. That's how they become disciplined traders.

Would like to point out that while trading, you are supposed to be gaining in experience, the knowledge was meant to be there well before you set out to trade else you ain't ready yet to trade!

It is called psychological level and in most cases whenever market price touches these levels, most traders intuitively take profit by closing a number of their open positions, which in turn leads to a drop in price. All the same, it's usually nothing to fret about, in trading, whenever a price level is tested, it becomes an indication that there is enough market pressure in the background to breach that price sooner than later.

That is right, it is every bitcoiner's dream to see Bitcoin hovering over the moon and we pray it happens in our life time. However what is fact is that people's success through Bitcoin is not necessarily tied to its landing on the moon. As is, people are already benefiting immensely the impressive price, getting to the moon would turn out more bonus.

Actually people do not speculate on just about anything. For something to be speculated upon, it simply means that thing has the potential to worth much more in the future and nothing tells the exact story of Bitcoin better than that.

That's a fact, the early bird always has the advantage of catching the worm and fortune have always been known to smile on the prepared and bold! The moon expedition is on course and at the pace Bitcoin is cruising, we would likely land on the moon sooner.

Speculation is a strong statement of approval and recommendation that something is worth so much more and that begins to draw people's attention to the object. We can see that the adoption of Bitcoin have remained on the increase and that in turn, stimulates greater demand for Bitcoin. Apparently because of speculation, most people are hesitant to sell their Bitcoin, they rather settle to buy and Hodl, the resulting scarcity then puts pressure on Bitcoin, dragging its price up.

Some people will never like you or good ideas coming from you no matter how hard you try - they wish it should have been them instead of you and so setting out to please everybody is such a grand recipe for failure. You conquer such people by continually putting in your very best in whatever you're doing.

Holders sentiment on Bitcoin lunar trip have grown so strong and that's precisely the wind behind the impressive value of Bitcoin. Take that away, the events in the network prior to July 18th would most likely repeat itself!

Come to think that the palliative measure that wedged Bitcoin free fall in July will be put to test come November, do you foresee a situation where people do not panic and start selling off their Bitcoins or do you foresee the price of Bitcoin remaining unperturbed even in the even of a split? The answers to above questions would be the pointer to what price Bitcoin would hold by the end of the year.

I guess it is far better to regret missing to buy than to regret buying only to lose it. Bitcoin and the cryptocurrency markets are here to stay and profitable opportunities will continue to abound especially if you have invested in yourself and procured the right knowledge and trading skills, then you could confidently approach the market regardless the prevailing price. You need to understand that sometimes, "Not to trade" is the best position a trader needs to take.

There's the deadlock between BIP191 and UASF over the hard fork of the network come November and presently Bitcoin is in overbought mode, advise yourself properly!

No need crying over spilled milk and good news is now you know better and would never pass up future opportunities. Though one source of concern is people's inability to recognize an opportunity even when it is right in front of them - they say opportunities come disguised as hard work! For instance the proposed hard fork for November can be turned into an amazing opportunity by doing a few things right at the appropriate time, while others freak out.