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16941  Bitcoin / Bitcoin Discussion / Re: DO YOU AGREE? on: August 25, 2017, 03:21:48 AM
Though I don't believe it will reach that high at the end of 2017, it would be more and more possible if big names would continue to make such bullish predictions. If alot of big names would have bullish predictions, what would the people do? They would go all out FOMO on bitcoin, buying out alot of the coins thinking they'll be rich in a few months, causing the prices to rise alot.

I think it's impossible for anyone to give an accurate prediction.  But having said that, around $5k by the end of this year is likely. And in 2018, $10-15k.  However, maybe the emergence of more suitable methods of payment (Eth, OMG, TenX, even Ripple) will have a knockback effect on this.

It's possible for a person to have an accurate prediction. The only problem is, there's so many decent names out there that's been giving out various predictions(rises to $15,000, crashes t0 $1,500, etc), that we wouldn't know who to believe in.  Cheesy And yes I believe too that $5000-$6500 mark would be alot more less farfetched of a prediction.
16942  Bitcoin / Bitcoin Discussion / Re: Mark Cuban Backs $20 Million Dollar Cryptocurrency Venture on: August 25, 2017, 02:54:33 AM
I honestly don't see ICOs going anywhere soon. Companies/organizations who started ICOs were super successful, racking in millions of dollars easily if they have a convincing paper and good social media publicity; they don't even need a working product! I feel bad for the price of Ethereum though, they could easily just dump those thousands of Ethereum to the markets.

I, personally wouldn't take part in Cuban's ICO, as I've always seen Cuban as somewhat a "shady" person. Not to mention he was talking alot of crap about bitcoin in the past, and here he is now with his first ICO. Just like every other huge investor, I'm pretty sure he is just in for the money.
16943  Other / Beginners & Help / Re: Easy giveaways are all gone or very limited on: August 25, 2017, 02:27:28 AM
I don't blame them. If I were to make a giveaway I wouldn't just randomly give it out to Newbies either. Newbies here in the forum are usually either alt accounts or people who are very very knew to the cryptospace; I wouldn't want to give it to either. Giveaways are usually given for people to test out a certain coin. Alts or newbies will more likely just dump them in the exchanges.
16944  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Blockfolio / Currency tracker for pc on: August 24, 2017, 02:23:29 PM
You can try https://altpocket.io, it's a web app, so you wouldn't need to download anything, and you can pretty much access it on any device. I used in months ago, it was decent. I'm not actually sure what updates it had since I last used it, but it has the features of  importing your transactions from Bittrex and Bitfinex, which is a huge plus in my opinion. You can also follow some people's investments if you want to look at some gainz by other people.
16945  Bitcoin / Wallet software / Re: I woke up and found my Exodus wallet hacked and cleared. on: August 24, 2017, 01:43:50 PM
Ah damn. Let's just say, that's an expensive lesson.. hopefully not TOO expensive. Taking screenshots and saving your recovery seeds on a un-encrypted storage or device, or taking screenshots of your seeds in general is very bad. If you were to be targeted by a hacker or hackers, it's pretty much just handing your wallet over to them.

Good move on purchasing a ledger nano, but if you were to need a multi-currency wallet(maybe for accepting donations or so? if you have a website), I would still go with Exodus over Jaxx. Jaxx is pretty much vulnerability land.

Exodus is not that secure, you had to at least wait for the 2FA support but yeah, that wouldn't help either since the seed was comprosed. HitBtc may not give the funds back (unless the owner still have money on that account) but it definitely worth contacting them.

Well yea not that secure, but definitely better over Jaxx. My bet for a multi-currency wallet would be Exodus and Coinomi.

https://www.reddit.com/r/Bitcoin/comments/6gib6c/jaxx_wallet_vulnerability_puts_your_bitcoin_at/
https://www.reddit.com/r/jaxx/comments/6gfl4d/easy_extraction_of_the_jaxx_12word_wallet_backup/
https://www.reddit.com/r/dashpay/comments/6hadkb/jaxx_wallet_is_vulnerable_your_money_can_be_stolen/
16946  Economy / Service Discussion / Re: GainBitcoin on: August 24, 2017, 01:05:55 PM
You want to mine with profitability? Then go for hardware mining. Buy some Asics/Antminers, or graphics cards. Basically, stay away from everything "cloud" mining if you want to make profit. I know I sound like a broken record already, but: If you had lots of graphics cards for mining, would you rent it out to people? I wouldn't. I would use it for my own profit ofcourse. The only reason I would rent it out to people is if I'm gonna earn more from people's subscriptions.

Take note: Cloud mining companies exist not to help people make profit. They're a business. They exist for them to make money.
16947  Economy / Trading Discussion / Re: How do you decide when it's time to sell? on: August 24, 2017, 10:53:27 AM
When the price is high, that's when I sell. When the low price I will hold it, menuggu high price.

That's easier said than done. Also, this would require looking at the prices every few minutes since prices can cash and rise in seconds. Just set a realistic profit goal (like 3-8% would suffice). The price went up 5%? Good. Go sell it. Usually you don't wait for 50% profits or so, since that's too far fetched, unless you have information on a certain news or update that could possibly skyrocket the price of that certain coin. Tldr; Don't be greedy.
16948  Other / Beginners & Help / Re: LOOKING for reliable SIGNAL services on: August 24, 2017, 02:39:54 AM
There are no legitimate sites/groups/channels that will give signals that aren't pump and dump. Why would they give signals in the first place if pumping the price wan't the main intention? The only reliable "signals" that can make you decide on when to buy or sell is to read the news stay ahead of everyone in terms of knowing which coins will most likely pump, and make your own well-thought predictions and decisions.
This is completely wrong. There are many high quality groups out there that will give you signals and help train you. BitsToFreedom is one such group. The entry fee is incredibly high (0.5 BTC) but it has been extremely worth it. He has videos of his trades explaining to you his decision process and the TA behind it.

There are also others that have been very active in the past, however, they have not really been doing much recently so I do not want to advertise them at the moment.

Groups are only high quality if they provide proper discussions or debates and give you up-to-date legitimate news, not "signals". If their intention was to legitimately train you they wouldn't give out "signals" instead they teach you how to do analysis on the price charts. Not to mention they charge a hefty 0.5BTC what the hell? If they give you signals, it's a pump group. That should be pretty obvious. It's good that your leader at least gives explanations on his trades, but yea. Still a pump group nonetheless.

Also, there are alot of good trading youtube channels besides BitsToFreedom's.
16949  Other / Beginners & Help / Re: LOOKING for reliable SIGNAL services on: August 23, 2017, 03:18:49 PM
There are no legitimate sites/groups/channels that will give signals that aren't pump and dump. Why would they give signals in the first place if pumping the price wan't the main intention? The only reliable "signals" that can make you decide on when to buy or sell is to read the news stay ahead of everyone in terms of knowing which coins will most likely pump, and make your own well-thought predictions and decisions.
16950  Economy / Trading Discussion / Re: Day trade or Hodling on: August 23, 2017, 02:28:25 PM
As long as you aren't investing in shitcoins, day trading is higher risk higher reward.  I seem to have a good idea of how to be successful in day trading but I lack the confidence to actually do it.  I watch something shoot up 20-40% for no reason it is clear its a good time to dump because it goes in cycles but I always just end up hodling.  I'm ok with it though.  I do the same with the stocks I hold, except I'm not afraid to sell my stocks at 50% what I paid if I dont have confidence in the company (this has happened).  It works for me in the longrun but I can't help but think I'm leaving money on the table.  I tell myself its better to be in and leave money on the table than to stay out.

To be honest though, I've made decent money flipping shitcoins. They're definitely good for daytrading in my opinion. You just have to be attentive to the charts, so you know when to sell. Since usually with shitcoins you need to get out as soon as possible even if you only made small profit and you definitely don't want to have your shitcoins for more than 24hrs. Prices can crash in a snap of a finger. A good example for these "shitcoins" will be HighOnCoin's Chaincoin, which was pump and dumped last month. People definitely can make bank with it if only you bought and sold on the right time. Look at the July charts of chaincoin below:

16951  Bitcoin / Bitcoin Discussion / Re: We saw the bright side .. We did not see the dark side yet. on: August 23, 2017, 11:05:35 AM
We are already in a sort of "dark side" if you look clearly. Communities being split (Core, BCH, Segwit2x), enormous transaction fees and long transaction times, and it doesn't look like we're gonna get by this any time soon. Not because the price is slowly going higher it doesn't mean we're currently in a good place. Other cryptocurrencies are improving fast. It might not look like it as of now, but I won't be surprised if bitcoin will be overtaken by another cryptocurrency in the near future.
16952  Economy / Service Discussion / Re: Is this a safe project to invest in? on: August 23, 2017, 10:11:57 AM
I'm not saying it's a scam, but it's kinda fishy. Their information on their website itself makes me suspicious.
  • The "team": I couldn't find any social media accounts of any of the members of their so called "team".
  • All their social media links in the bottom of the page all leads to Wix's social media accounts. wtf?
  • Not even a Slack channel, or even a GitHub link. Again, wtf?
  • The "What People are Saying" section: We all know all those testimonials are BS
I'll pretty much stop right there. It's shady enough to invest in. By the way, how is this in any way "quite good"? LOL. You probably just looked at their website and got blinded by the web design and you got sold right away.
16953  Economy / Trading Discussion / Re: Pump and dumpers. on: August 23, 2017, 08:10:43 AM
Isn't these groups are beneficial for us too? If we get into trusted sources then it can make the trading very simple and most important very profitable for us. :-)

I would love to join such groups if they are giving me the opportunity to earn money.

People actually don't make much or sometimes people even lose money from pump & dumps. The pumpers tell you to buy and buy, then you see the value of your coins rise and rise thinking you're gonna be rich. Then before you know it, in a snap of a finger, the price crashes. Why? The pumpers who first bought tons of those coins already dumped. Leaving you with a huge loss. Make educated decisions when investing. Don't join those scammy pump & dumps.
16954  Bitcoin / Bitcoin Discussion / Re: The 'real' Bitcoin on: August 23, 2017, 06:12:46 AM
Why do we even need all these separate versions anyway? It seems like the original Bitcoin was working great. Doesn't seem like Bitcoin Cash is doing much of any good.

I would be interested to see if more forks happen in the future. We're less than 10 years into Bitcoin so in 100 years who knows how many potential forks or splits can happen.    Shocked

Because huge disagreements and different opinions are to be expected in a decentralized platform. It's pretty much like the first half of the community says they prefer apples, whereas the 2nd half prefers oranges. And no, if you're actually a bitcoin user you would know that the original bitcoin is NOT working great. I wouldn't call high transaction fees and high transaction times " working great".

Yes, expect alot more forks in the future. If I remember correctly the next fork would be in November. Only time will tell which bitcoin version will be at the top.
16955  Other / Meta / Re: Im new here, please no bully, I want to learn on: August 23, 2017, 03:25:56 AM
•QUESTIONS•
1. how?
2. you need to be an old member? or a brand new member can join on sig campains too?
3. how do I "lvl up" my account?
4. what is constructive posts?

1. You can look at the list of signature campaigns here: https://bitcointalk.org/index.php?topic=615953.0  You basically apply in the campaign's thread if
      the campaign is currently open and you have the minimum rank needed.
2. Some campaigns require certain minimum ranks, some don't. You need to be atleast a Jr. Member (30 Activity) to join a campaign.
3. Basically you need to post twice every single day to get your activity up the fastest. For more info: https://bitcointalk.org/index.php?topic=178608.0
4. Posts that makes sense, posts that actually helpful or contribute to the topic/discussion. If you don't know much about bitcoin or cryptocurrencies, I
      suggest doing alot of reading. Signature Campaign managers can easily kick you out if you post alot of nonsense or if your posts aren't constructive
      enough.
16956  Economy / Trading Discussion / Re: best youtubechannels and twitteraccs for trading on: August 22, 2017, 04:17:20 PM
I've had a few YouTube channels that I followed in the past when I was pretty much new and just starting out in cryptocurrency in general, not only in investing, but these channels definitely has some good information on anything concerning graphs and charts.

Chris Dunn: https://www.youtube.com/user/chrisdunntv/
BTCKYLE: https://www.youtube.com/user/kholzrpi
High Altitude Investing: https://www.youtube.com/channel/UCD9j5qyDqQvb9qnLss3vxww

I don't watch them anymore since I pretty much like got bored of these kinds of videos, since my trades and predictions are usually alot more influenced by latest news instead of graph analysis. Also, I suggest using Twitter only for latest news, and not for the signals. Any groups on any sites that gives "signals" are mostly pump and dump groups, which you definitely won't want.
16957  Other / Beginners & Help / Re: Bitcoin exchanges and wallets on: August 22, 2017, 09:10:29 AM
Well, your crypto is pretty much secure as long as you have a secure password and 2FA enabled, but remember that exchanges are pretty much the number 1 target of hackers. Don't let history repeat itself and use your own wallet instead (preferably a wallet whereas you have access to your private keys). Exchanges have been hacked in the past, and I wouldn't be surprised if some more exchanges will get hacked in the future. (Read: MtGox lost 850,000 in bitcoins)

A paper wallet is what it literally is, a piece of paper that contains your private and public keys. The beauty of a paper wallet is that your wallet's confidential information are not stored on any digital device, so it's pretty much hack proof since it's impossible for hackers to gain access since it's just a piece of paper (unless a stranger sees your paper wallet and copies your private keys  Grin).

Here's a good video on how to make yourself a paper wallet: https://www.youtube.com/watch?v=IwwsiuGPK84
16958  Bitcoin / Bitcoin Discussion / Re: I Still Have to Buy Anything Using Bitcoin on: August 22, 2017, 08:47:01 AM
I used to spend my bitcoin alot back in the day when bitcoin was still around the $1000-$1500 mark, whereas I would use my bitcoin to pay for proxies/VPNs, and occasionally some Steam games,  all those digital stuff as I don't trust other sites enough(besides Steam) to enter my credit card info. As of now it's pretty much just pure speculation and investing, and sometimes trading in and out of other cryptocurrency coins as I'm not willing to pay for $10-$15 stuff online with around $3 fees. I'm not seeing myself using bitcoin for payment again soon, unless this scaling issue gets fixed once and for all.
16959  Economy / Service Discussion / Re: Free legit mining site on: August 22, 2017, 07:31:28 AM
Think about it. If you were to have a huge mining farm, would you rent it out to random people for free? of course not. The no-brainer move would be to just use it for your personal profit. It's just common sense really. The reason they're so successful is because of lazy people who wan't to earn money while doing nothing. There's only one way to achieve that, and that's through proper well-thought investing.

If you're interested, might want to read this: https://www.reddit.com/r/CryptoCurrency/comments/6p3yzz/guide_basics_to_investing_in_cryptocurrency/
16960  Economy / Economics / Re: A wise strategy for your bitcoin on: August 22, 2017, 03:36:54 AM
Sounds simple enough, right? But that's actually easier said than done.

There's alot of "ifs" in your plan. You're just pretty much hoping that the markets move the way you would like it to.
Quote
When the price climb to $4100/btc, I sell my 0.184 btc to get my first capital and get $754.4 and 0.191 btc left .then when the price dump again to around $3900, I buy it again with my $754.4, so I get 0.193xxx btc and  my total btc is 0.384xx.
Then what if the price dumped more after you bought at $3900? What would you do now? Panic sell? The bitcoin market isn't gonna hover around the $3900-$4100 price range forever. It could dump to $2500 next week, or rise to $5000, no one knows. Don't forget that crypto markets are super volatile. There are so much flaws I can see with this 'strategy'. But if you could make it work, then good. Best of luck.
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