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1661  Economy / Speculation / Re: How to predict Bit coin price. on: September 13, 2019, 06:51:59 PM
It may not be the coworkers and grandma indicator but there has been a saying in finances for the longest of times and got really famous with Warren Buffet as well which states "if everyone is scared, buy, if everyone is excited,
sell".

I may not be remembering the word by word correctly but basically it says if people are looking for profits than you should be selling since we are close to peak however if people are afraid that its gonna go down even further than you should be buying. This goes for crypto as well because people are always scared that bitcoin will have another bear run, if you see sentiment like that it means it will go up because people who are scared all will sell their coins and only buyers will be left, and if people are buying that means they will run out of money soon and you should sell.
1662  Economy / Speculation / Re: What is the bitcoin price prediction for 2020? on: September 13, 2019, 06:25:36 PM
I believe that before the end of 2020 after the halving  Bitcoin will be above $20,000 with the look of things in the  market chat. The adoption of Bitcoin and crypto currency in general is now on the increase and that will continue after the halving.
Yes, bitcoin may surely be above that but I didn’t see it going far higher, the new all-time high that bitcoin might set after having may be $25000 because there is going to be so much sell off that time, because of some sending debts that bitcoin is yet to pay.

We had thousands of people that actually fell for fomo in the last bull run when the price of bitcoin was somewhere around $19800 and many of these people are basically waiting for one thing, they are waiting for the time that their money will reach back to that $19800 which they might never take the chance of waiting any longer before pulling it out, this may surely create panic sell for those who had bought after that and would start pulling out also, that is why I didn’t see all those prediction of $50k coming to pass any time soon.
1663  Economy / Speculation / Re: Bitcoin Price Could Surpass $15,000 This Week: Max Keiser on: September 13, 2019, 05:37:14 PM
It seems the price of Bitcoin has not risen to $15,000. I think it’s not serious to make any forecasts and name the future price, because the market is very unpredictable and, depending on the news, can go in any direction. For example, who could predict today's growth of almost all altcoins?

I think the issue with the prediction is that week was mentioned as if it was already written and the task was to read it out. Price will get to $15,000 but who knows when?
Anyway, it is speculation and we don't have to take it all to heart.
Actually bitcoin price has the tendency of rising to that target every day, I mean the chances of it getting there are always there, but every time that the value wants to go for a push, the bears just suddenly bring them into end and that is why we have not seen the surge. When Kaiser predicted what was predicted, the potential of bitcoin might be there then, but as we have very strong bears in the market, the value becomes unachievable.

Time is coming that with or without bears, bitcoin will push for that value, and I can say that it would be before the year runs out, and that will surely be around December before Christmas approaches. Maybe with the little season of Christmas, the price could even grow a little bit higher than that $15k.
1664  Alternate cryptocurrencies / Altcoin Discussion / Re: ICOs 2019: A Year Of Success or Failure? on: September 13, 2019, 05:08:30 PM
I think ICO in 2019 will bring nothing and it makes no sense to spend money and time on it, it is better to find another occupation in cryptocurrency, more profitable

If you are participating ICO to earn, just forget about that, ICO struggles to sell, so there's no opportunity to earn.
Bounty hunters can't rely in ICO anymore like they usually do in the past, even with IEO, there's only few projects that are successful in the market.

Maybe we will see some improvement in our earning once the market will be fully stable again and people are again interested to invest.
For now, let's accept the reality that the success rate has dropped and we are significantly affected.
I disagree with you that there is absolute opportunity to earn, yes ICO market is bad, but it is not bad to the extent that 100 percent of projects are scam, we still have very highly reputable team that would carry out their ICO campaign with respect and those are just the kind of companies that we need to watch out for.

Look at harmony, harmony is a great project with reputable team, they started with ICO and because of this mentality is why some of them didn't promote them, and why investors didn’t invest, imagine that there was no platform of IEO, that is how this project would have gone without being able to meet up, and this Is the challenge with many great projects too that are not able to meet up with IEO financial requirement, so we have good project in the market.
1665  Alternate cryptocurrencies / Altcoin Discussion / Re: Mining rigs end up dead on: September 13, 2019, 01:12:12 PM
I am sorry to hear about that mate, I can imagine how painful it could be considering the finances, the energy consumes and the fact that it has not even started coming, but it is art of business risk man, you just have to accept your losses and then move on to the next stage of life. This are the part of the risk that I considered in cryptocurrency mining that made never wanted to go for mining at all, look at the time you have spent, do you know how much bitcoin was 2 years ago? If you had invested in bitcoin then, then it would have been another great story by now.

I just prefer to invest in  coin and then hold to mining, even though holding is risky too, but I am not sure it as risky as mining, but the company where you bought that mining machine from, they should still be able to assist you so that you can as least have some profit on it.
1666  Alternate cryptocurrencies / Altcoin Discussion / Re: How much money do you currently have, you can buy cryptocurrency at the bottom. on: September 13, 2019, 12:35:17 PM
From the bull market in 2017 to the present, the price of mainstream cryptocurrency has fallen sharply. How much money do you currently have, you can buy cryptocurrencies in the future market. If the bear market will last for a few years. What do you choose to do?
If the bear market chose to last for a few years more, I would just continue accumulating cryptocurrency because whatever I am doing now is to secure my future when cryptocurrency becomes extremely popular so that I would not be among those that were in 2009/2010 and had the opportunity to buy bitcoin at extremely give a way price but fail to do so, but now, they are regretting it and thinking they could turn back hands of time.

I know perfectly well that there are lots of scam projects in the market, but that should still not stop us from investing, because of we are to consider all these scammers, they are the ones that will scatter our future career in cryptocurrency but we can still try very much to get projects that are solid and have future through research.
1667  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Last 3 Months of 2019! What is your prediction about the Market? on: September 13, 2019, 10:53:59 AM
Last three months of the Year 2019 (4th quarter)is fast approaching! Do you think the market condition will be improve in the last three months of the year! are you still positive that the market will be gaining momentum to return its former status as it was before or just missing all the prediction in this year. drop your insight below!
Yes, I believe that the last quarter of this year will experience some momentum, I am believing this not because I just want to speculate or just talk, because I know that there will be some sort of hype because of some projects that we are going to see released into the market, and one of them would start this month, starting from the bakkt, with the launch of their platform later this month, I am sure that it will set a space and a lane for the momentum of bitcoin, and coupled with some other factors in terms of project that would be release before the end of the year, although majority of the projects are scheduled for next year and I think that is going to be the best year that we will have in the cryptocurrency market, but at least we should be able to grow to like $16,000 before year end.
1668  Bitcoin / Bitcoin Discussion / Re: Reinvesting on Bitcoin after losing on: September 12, 2019, 08:12:33 PM
Did any one of you lose money buying Bitcoin?

If yes, Did you again reinvest in Bitcoin after losing?

If yes, What need you reinvest your money on Bitcoin?
I lost money to bitcoin out if my stupidity I guess and that would not warrant me to take my anger upon bitcoin because I didn’t learn before buying bitcoin, if I had learnt and knows the pros and cons off bitcoin investment and also how to manage the risk, I am sure that by now, my money in bitcoin would have been quite much.

When I lost my money in bitcoin, what I did was to seat down and then look at it carefully and see what could have gone wrong, they say that experience is a master teacher, and it was through those sad moment that I picked my mistake and since I have been trading now, I have never lost money because I simply followed those few principle of trading, so the journey has been smooth all along now.
1669  Bitcoin / Bitcoin Discussion / Re: One guy built a Lighting ATM from Scratch ( $80) on: September 12, 2019, 04:26:19 PM
Thread with caution... The ATM has not yet been tested over time for security.

You don't want to expose delicate info to strangers.
There are so many people that has come up with different innovations and has not been exposed for them to be developed, if they are silent about his innovation, there is no way the world would get to know about him, and don’t be surprised that it is going to be through this that he will be picked by great companies who would be interested and even buy his innovation over.

The guy must be a really talented person and I hope he develops it to the fullest, we need such type of people that would even exposed the blockchain technology to the world, things like those also have a way of creating awareness for the blockchain technology, at least, someone would be curios  enough to know the lightning meaning, and from their, the word blockchain will come to them, and which they will also get to know about cryptocurrency, which of course, the first crypto to know by them would be bitcoin.
1670  Bitcoin / Bitcoin Discussion / Re: Where To Spen Bitcoins? Full List. on: September 12, 2019, 04:00:00 PM
Honestly, I can't use those services since my country has decided to ban bitcoin as payment system also if I try to impose to use the service I'll need a huge money to use them since they will charge a shipping cost to send the stuff to my home. Gratefully, for those people who live where bitcoin is legalized by government so they can use it as payment system.

I only use bitcoin to sending money to different countries, yeah I have my little brother who is studying abroad in Turkey so I can send money to him through bitcoin with fast. Before I knew bitcoin I still use WU to send money but it took at least five days and I think it was too long. I think your article will be helpful and it could be use by some companies who haven't use bitcoin as a tool of payment.
Banning bitcoin in your country is not even an issue to me because if you understand the technology of bitcoin currency and its payment, you will find out that you can use bitcoin payment anonymously anytime without even the government knowing and it would never be traced to you, and this is the reason why the government is just using veto power to ban it.

But their words really holds nothing, the only people that can ever be a victim of government ban are those who are supposed to openly declare the use of cryptocurrency for payment, I mean merchants, and those who would walk to a shop to use it to pay, but when it comes to online payment, how would government know, when they are not monitoring you or the site involve. Imagine I want to buy from ebay now and they say they accept cryptocurrency, why won't I pay without government even having a clue?
1671  Bitcoin / Bitcoin Discussion / Re: Smile-to-pay - facial payment technology in China on: September 12, 2019, 03:19:36 PM
I have seen technologies like this in movies and I have seen how people have even used it against the owner, although the crime rate that would be involved with facial recognition cannot be as high as that of finger print, codes, password and the rest.

Facial recognition may still be risky, but it could actually be the best, because it would be impossible to clone the face, and the highest a criminal can do is to force the person to use it against his will which may not be much common, and you would not tell me that people would cut people's head just to get it done, where would they carry the head to and how would they do that without being notice.

I think facial recognition would really be a nice solution, but they should never make it like the only thing that would be relied on, it should still have another form of verification along with it.
1672  Economy / Trading Discussion / Re: What do you need to become a successful trader? on: September 12, 2019, 02:09:39 PM
It is interesting that you bring this up, it is widely know that many of the books which contain trading systems are created by people that do not trade and that earn their money by selling books about how to trade, if you took the time to backtest their systems you will realize that they lose money on the long term, but those people know that people will not take the time to verify who they are or to tests their systems so they can get away with their scam and no one exposes them for what they are.
And what is wrong in teaching someone from your friends your own profitable trading strategy?
You did not read my response, what I am saying is that many of the books out there about trading are sharing strategies about how to beat the market but those strategies do not really work and are not profitable, now while at first glance it may seem as if there is nothing wrong with teaching your profitable strategy to others, if you have one to begin with, the problem is that most people cannot remain silent about it and eventually more people will use your strategy, and as more people use the same strategy to earn money the less effective it becomes.
I think that it would get to a point in life where you didn’t even need to Pay attention to people's strategies, because I believe that as you study deeply on trading, one would realize that strategies come to one naturally, I usually tell most newbies that wants to trade that they should forget about strategy first, those who develop strategy didn’t learn it because you can’t learn strategy, you only use you experience to come up with strategies which means without experience, you cannot have strategy and the only way experience can also come into play is when one has a very sound knowledge about cryptocurrency.

I like to expose myself more to understanding of trading and the more that I understand some deeper things about trading in crypto, the more strategy comes to me.
1673  Economy / Trading Discussion / Re: Do not ignore the small profits in Bitcoin investments. on: September 12, 2019, 01:39:27 PM
sometimes small profits are only considered as one of the producers of losses. but i don't think that's right. now if we can be more diligent, I think with small profits if managed properly and can also continue to provide large profits, the most important thing is to be consistent in trading so that it provides profit
But, I think it is the generally being greed that controls most traders and investors that usually make them to ignore those small profits. Bitcoin price between $9000 and $13800 has fluctuated several times, if I buy bitcoin at $9000, and I wait to sell it at $13800, that is a profit of $4800, bitcoin has touched $9000 now and increased back to $10800 over 10 times now, which means if the holder had taken all those small profit, he would have even made more than the long term investors who would take at $13800, so taking small profit is not bad, but it has its own disadvantage of it too anyway, it makes the market not to be stable, imagine that everyone is practicing that, it means the market will be dumping several times, and there would be lots of panic sell.
1674  Economy / Speculation / Re: Strength of Bitcoin on: September 12, 2019, 06:28:29 AM
Amazon Microsoft [sorry my brain fades Roll Eyes] already accepted bitcoin once, steam did too, its not really that unbelievable to think they will do it again. I mean yeah surely after bitcoin dropped like crazy they started to think it may not be a great idea and they removed it and they are probably regretting their decision now however when bitcoin becomes even bigger they will have to accept because in the end people may go for the competition that has bitcoin eventually. That is why I think bitcoin will be all around the world one day, even banks will be starting to accept bitcoin deposits and withdrawals like a wallet eventually, that may take decades but it will happen, so will all places like amazon. Bitcoin transactions will be bigger than paypal as well, just needs some more time.
1675  Economy / Speculation / Re: Bakkt on: September 12, 2019, 05:04:37 AM
THIS BAKKT,  I am still trying to see what impact it will really make in bitcoin, because I have been in some situation where I relied in some certain thing that came out then to make impact, but instead of making impact, it either went against the system or it does not make any impact.

I lost the trust on some of this thing when I expected the halving of Litecoin then to have effect on the price of Litecoin, but till date, there has not been any impact.  I have learnt not to be concluding on come certain things having an effect until it does and I see that it was really the effect of it. September is here already for the launch, we can easily know very soon, and could you please remind me of the date that the bakkt promise to launch their project.
1676  Bitcoin / Bitcoin Discussion / Re: MASS ADOPTION OF BTC on: September 11, 2019, 05:17:14 PM
Nobody can say with absolute certainty when this will happen but for as long as btc still exist, mass adoption will definately come, people will most likely use btc to transact, in the main time btc is taking one step at a time to achieve mass adoption, everyday we hear news of different company accepting btc, that's a sign of what will come in future.
I think the only thing that can pave way for mass adoption is when government approves the use of cryptocurrency generally which I know that in doing so, they will be specific on the coin that would really be supported, and when it comes to the most reliable coin that even government would always be in support of, it would be bitcoin.

It is when bitcoin is being pronounced legal that we can see mass adoption, and that is why there is need for the government to really be encouraged about the use of cryptocurrency, but unfortunately, scammers are sending a wring signal to the government, and some of them rather than seeing bitcoin as a proposed global currency, they are seeing it as scam, but I know that their perspective view of it will change one day and they will see the true picture of bitcoin and what it is.
1677  Bitcoin / Bitcoin Discussion / Re: We still don't have any idea about the real Satoshi, stop false info on: September 11, 2019, 03:51:22 PM
There is no point warning person because they will never stop, we will still see lots of mad people that will come up tomorrow to claim that they are satoshi and expect to see more of them often, but the thing is that the people they have come out to deceive are also wise. All the people that has come out so far to claim to be satoshi, how many people here do you really see believe or support that they are satoshi.

The real satoshi would never be interested in showing his face now, because the development level of bitcoin is still quite very low and I know that he will also have planned when he will come to show himself to the public in the future, and it would really be crazy if people are obsessed with him, they need to be obsessed with what he has created and not him.
1678  Bitcoin / Bitcoin Discussion / Re: CoinMarketCap faking volume on: September 11, 2019, 12:15:36 PM
To take any decisions my prominent measure is taking a look on Coinmarketcap to understand the Volume, price, trends. This news literally assuring an unsafe practice to rely on Coinmarketcap as we know CMC is a giant. Do we also have any other references like CMC?
CoinMarketCap deserves more credit and commendation but not a tarnish of image. CoinMarketCap has been working so hard to provide cryptocurrency users with lots of update on coins listed on the platform. What CMC needs now is an upgrade in their systems which will provide a fast update on pricing and volumes within the shortest possible time whenever the changes happen on the various exchanges. Anyway, I prefer the exchange prices more than CMC because CMC only gives an average of the prices on the various exchanges of a particular coin.
You think that coinmarketcap is doing us any favor by providing those details? There are other sources of information which you could also easily get from your exchanges, if I am complaining of exchanges faking volume, then why should I rely on coinmarketcap if they are doing the same thing, So, they have no excuse at all not to provide accurate information.

I would rather prefer that they provided accurate information and make me subscribe by paying than to claim you are providing accurate information for me, and then giving me a wrong detail because you probably want to please those who are paying for them to being certain position on the list.  Have you ever asked yourself how CMC is really making their money since users are having it free, and do you think we still have any single soul in this world that would just create a system for it to become free, and still maintain it every day like it is an office?
1679  Bitcoin / Bitcoin Discussion / Re: Finding the person who has received 1 billion dollar is likely possible on: September 11, 2019, 09:48:39 AM
What if it is huobi themselves that own the wallet because these exchanges are making lots of profit from their fees, from listing fee to trading fee, to withdrawal fee, they make so much money and you now that huobi is still one of the biggest exchanges that we have in the market today.

Imagine that they are the owner because whoever own that bitcoin cannot be an individual, I know that whales could also be responsible for that because I think I read somewhere about this too, how they moved it, but if they had moved it out of the market, they would have crashed the market seriously and if it was moved into the market, then we ought to have seen some major increase in the value of bitcoin, so I don’t think that BTC belongs to an individual.
1680  Economy / Service Discussion / Re: UK businesses can now accept Bitcoin payments using CoinCorner Checkout on: September 11, 2019, 08:42:22 AM
Good way to go for the United Kingdome citizens, at least they would be able to add this payment option of bitcoin into their ecommerce sites. I have never really know the stand of United Kingdom concerning cryptocurrency, but seem they have supportive market already and reason why this exchange is taking this technology to them first.

Right now, many companies that have ecommerce site will be very encouraged now to start taking the payment solution, which I believe that it would definitely get them more sale, because we are having records of cryptocurrency users on a daily basis which high percentage of them would really love to use bitcoin as a payment of some of the goods and services that they run online.
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