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1761  Economy / Speculation / Re: Bitcoin has seen furthest correction of all bull markets on: October 07, 2019, 03:48:51 PM
Hmm. I'm not going to waste my time looking but I am almost certain we've seen worst pullbacks, because >80% if not 90% from ATH has certainly been seen before. Back when we were near $3k, I remember very well expecting sub $2k, only because we'd definitely seen 90% pullbacks.

So we actually have done much worse before. And since it's not improbably we'll see much worse yet, nothing to be worried about big picture.

As long as the price doesn't touches ZERO, BTC will be alright, its just not going to make things good now that media are looking into making it bad as always. For someone who invested to BTC while the price was much higher like $13k-$20K, its pretty devastating to see they will suffer to the eyes of their partners saying "I told you so its not a good idea".

The cycle happens everytime though so for those who had experienced it long time ago before the 2017 bullrun, they are just going to sleep for 3 years and wake up til the bears are done. Correction is over, lets pull our selves back again.
1762  Alternate cryptocurrencies / Altcoin Discussion / Re: Is China ahead of US now in terms of digital adaptation? on: October 06, 2019, 01:08:50 PM
It seems some US legislators are alarmed about the news on China creating its own digital currency.  See this article how some legislators inquires about the possibility of US to create its own Digital Currency:

https://www.cryptopolitan.com/considering-us-dollar-digital-currency/

By these thing, it seems China is actually ahead of US in terms of Digital adoption in terms of creating its own Digital currency.

Yes. They are. I chat with a developer working in China and they were closely working with some government agencies about what they are doing related to cryptocurrency they were developing. China, though backing away form the real action in crypto trading, they do have their own world out there on their own developing in close doors.  US should really be worried about this for in time comes monetary war is launched, they are there to have a chance.
1763  Bitcoin / Bitcoin Discussion / Re: Future of digital money depends on smart phone technology and people's knowledge on: October 06, 2019, 11:29:32 AM

All other countries that aren't doing these are going to be behind in terms cryptocurrency adoption, countries like Japan are on the way to making all these paperless transactions all the time. I think its all just imposing it to the grocery stores and outlets and people will eventually adopt to the chances. If they need to install app on their phones, they will have do so in order for them to make transactions.
1764  Alternate cryptocurrencies / Altcoin Discussion / Re: The use of stable coins or no? on: October 06, 2019, 10:20:07 AM

The only use of stablecoin I know is to trade is in BTC/USDT, this is best pair to trade when you wanna grow either your USDT and BTC. But what I've also learned we can move our USDT to our ETH wallet. Maybe one day we can spend these USDT and any other stablecoin to spend on something like online stores.
1765  Alternate cryptocurrencies / Altcoin Discussion / Re: No good projects from a long time on: October 06, 2019, 04:32:03 AM

I think most of the possible project that are meant to work online are produced multiple times already. Checking on the projects meant for freelancers, there are more than 3 projects related to this industry already and also to the real estate projects and wallets and so on. There is got to be something else to be done like tokenizing real offline business so that new projects will emerge.
1766  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 2 Years of bear market.. what to expect next on: October 05, 2019, 05:28:01 PM
Not all of them, we know, are mostly Shitcoin, mostly only for pumps and dumps, but some are really useful and use technology not just for profit.
and we see which tokens will really follow the BTC when halving, those who are really the best.

We all assume the projects are useful but in reality they are not. You know it when you hand your wallet to your kid because he won't know what to do with it.  The prices of these altcoin are subjected to what the market tell, its price is way low that what it was back 2017. You can expect the price to go up but that will just be an expectation.

Another 2 years will pass, this situation may not change when there is no substantial improvements if there is no catalyst that will push the price. We do have and its Libra but its been blocked, this will prevent the adoption we hope. The only that might get its price up is the halving thoguh.
1767  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Shill Me Your Altcoins on: October 05, 2019, 04:10:15 PM
I don't own these altcoins anymore as I kind of left the entire altcoin market. lol That's a bad way to shill my coins, but here they are:

Stratis - this is the all in one blockchain solution for entreprises around the world. They have full nodes, sidechains, smart contracts, ICO platform and MANY other delicious things and the code behind them is rigurously tested time after time after time! Hackathon coming up for them. Really exciting about what are they going to build.

Cindicator - the next generation trading indicator. It is a hybrid between machine learning(AI) and crowd thinking.

ShipChain - focused on integrating the blockchain technology in the global supply chain of many industries

Stratis was a performer. I'm not following it anymore after I sold all my holdings. Good coin, its just not substantial if you don't own about 5K of it, I didn't trade so I was just holding my Stratis and sold lat year.

If I have to shill some of the tokens I hold, I would also be recommend the EIDOO. This is a wallet with the hybrid decentralized exchange on it, you can compare this project to the new project such as Volentix (VTX).
1768  Alternate cryptocurrencies / Altcoin Discussion / Re: Line messenger to invest in crypto on: October 05, 2019, 07:24:32 AM

I have encounter this LINE messenger many time but didn't bother to really install it. Is there anything in these messenger app that they find blockchain to be appropriate than having just a simple messenger like the facebook messenger? 

There were already encrypted messenger in crypto like CIVIC but telegram joined in as if it weren't enough.


The quality of LINE is no doubt in an innovation. On the other hand, LINE has also made an exchanger called BITBOX. This exchanger has been running since a year ago around July 2018. Available for all countries except Japan & US. I do not know the reason, maybe the problem of each country's regulations on crypto.

Read this: https://linecorp.com/en/pr/news/en/2018/2259

That's odd.
1769  Bitcoin / Bitcoin Discussion / Re: Why don't US gov buy a trillion worth of bitcoin? on: October 05, 2019, 06:44:30 AM

They will not openly say they own or buying stash of BTC like Venezuela did but they will just keep milking those crypto projects and probably in the future will collect tax in BTC.  They could collect more BTC than buying worth trillion from US funds in the long run but they will never tell the world the list of exchanges that are backed by government.


To outsiders, bitcoin is a risky investment. To a lot of insiders too, they're happy scalping than holding large amounts of bitcoin just in case we go to 0 tomorrow.

First World governments have the power to buy a lot of bitcoin, but a similar power to crash it to zero tomorrow... If the US government openly buys into it, what stops the Russian or Chinese governments from crashing it and starting a monetary war?

Make sense too. I can only see the Chinese are ahead of its time already.
1770  Alternate cryptocurrencies / Altcoin Discussion / Re: Sell your altcoins and tokens TODAY, save yourself the frustration on: October 05, 2019, 02:59:50 AM

If you are an altcoin holder, you should really be joining the fud so all those coins you hold will hit the bottom and start rising up. Spread the word that BTC is the only one to be hold and dump all the altcoins. It doesn't matter if they are on the top of the rank, its all bullshit and speculative coins.
1771  Alternate cryptocurrencies / Altcoin Discussion / Re: It's going to get harder for alts to list on the big exchanges on: October 04, 2019, 07:22:30 PM
Its very possible. projects will not just pay for listing fee but will also pay for them to be defined by the council, meaning discussed in the council table.

Binance must be in that "OTHERS" because obviously they rely to binance decision when they delist BSV. and yet they are now creating this Crypto Rating Council? Smiley


1772  Economy / Trading Discussion / Re: Is Technical Analysis Bullshit or Not? on: October 04, 2019, 05:10:22 PM
Only few traders share how the indicators work which makes it difficult for new traders survive, you can see anyone share their trading strategies with the details of when to buy in the 1hour time frame or to 4 hour for the day trader. This is going to be difficult since the market doesn't spike or drop substantially in these time frame.

If there are traders going to share their charts and analysis at this level, they will find it useful so far the technical analysis is making it difficult to understand even the margin and concept of leverage in crypto, its even rarely offered.
1773  Economy / Trading Discussion / Re: Trading chat on: October 04, 2019, 04:23:18 PM


Chatbox in the exchanges are often sharing ideas, there is yobit and hitbtc where traders can chat. Its not however going to end well when someone is always there to post something different like fud and shilling will interrupt you. Information in Telegram channels came from them, unless you trust them so much you can follow the signals. 

Crypto still is in the wild west era, there is never a chance that the era will end even when regulations are here. I have joined some trading chats where they share which are going to be pumped but it was never really that true that they are the ones pumping.

1774  Bitcoin / Bitcoin Discussion / Re: Bitcoin Holders Protection on: October 04, 2019, 04:03:55 PM

BTC Wallet itself act as a bank why do you need to send it to them for protection. You'd be more at ease when you know no corrupt government agencies will ask you to pay for depositing your own money. And they allow mobile app for stock trading to take part of thier scheme. Its more like FDI-see you later money!

1775  Alternate cryptocurrencies / Altcoin Discussion / Re: 5 Ways to earn crypto without investing or mining on: October 04, 2019, 02:45:37 PM
I'm pretty sure we had something like that where you can get money for just posting anything useful Bitcoin related theme. I don't know if it's still paying or not but Newbium was a really good source to earn back then. I did get $100 a week for just posted few articles.
in addition to trading it does make articles sometimes provide good income for us, but indeed we do not depend and have excessive expectations to get paid according to our dreams. sometimes we don't get paid because of the scam project. but all of us here seem unyielding to it

I was already in crypto when Newbium emerges but I don't see it being used much this time for article campaigns, same as with the golos of Russian article site. Medium.com seem to have win over them, there are new ones like this publish0x.com.

Projects these days provide ways to let investors earn money like the ones that distributes dividends, the article should include this one.
1776  Economy / Gambling / Re: 🎲EOSBet.io - Licensed Casino Platform 🎲Provably Fair 🎲NOW ACCEPTING BTC ₿ on: October 04, 2019, 08:14:00 AM
The logic GP is proposing, is that any other coin drop in a bear market but the eosbet casinos token can not because if it does that means it is shady. Of course, there could be people who gambled and got free tokens in return and just sold them but that is not important right now, GP needs to find a way to call every casino in the world shady so we can't use logic, if we use logic then he can't troll everyone, it is impossible! Hence, he just leaves logic aside for a minute and writes his posts without any logic at all in order to get more attention to himself in any otherwise of his life he couldn't get.

Let me repeat to be clear, bet token has no connection to website when it goes down or up, it is like any other token, you buy it and it goes up, you sell it and it goes down, that's it. Website could be awesome but someone could sell a bunch and drop it, website could be horrible but someone buys and it goes up.
The logic of GP is proposing that it does not make any sense to compare the ups and downs of crypto currencies that are not connected to an online casino operation with the value of the BET fantasy token that is connected to the EOSBET online casino operation.

If the price of a token connected to the revenue of an online casino operation drops 50% within 2 days, then the online casino operator did shady things!

If EOSBet would publish the accounting of its online casino operation and a big whale won a huge amount within one day, that could explain the huge drop of the price.

But as we all know, EOSBet does not publish the accounting and no one knows how much revenue and profit is generated.

I think it is time to report to authorities?

So why are you not reporting all these? You are wasting your time, go and report it already.  You haven't done anything yet. That is not how a scam buster of Curacao should do. You contact your authorities and jail them. Things will be easier for you than keep on battling in the forum where you have no chance because of your trust feedback.



1777  Economy / Economics / Re: China launching its own crypto currency ? on: October 04, 2019, 03:03:43 AM
It has bigger effect only in the cryptomarket of China, a cryptocurrency which will be launched by PBOC which controlled by their own government which became centralized. People of China departed their freedom to their own private life and it becomes a secret inspection in discharging digital resources. China believes that if they involve to the world of the crypto, there country will go to the flow of progression and development of the technology. And at the same time it becomes a stronger, well-built currency.

To their economy. They'd surpass the all other countries who first adopted cryptocurrency. Once they have a government backed exchange, they may be able to trade BTC/Chinesecoin and can still monitor the citizen's wealth. This I think is a smart move for countries who wants to collect tax from digital currencies. Several projects in crypto are already backed by the Chinese government, should we expect some coins to prosper like the NEO?
1778  Alternate cryptocurrencies / Altcoin Discussion / Re: Shit Exchanges, an end to good projects. on: October 03, 2019, 05:54:35 PM
This is a normal practice in crypto-verse sometimes project owner lists their coins in shit exchange just to please the community.
Sometimes it could be a good thing 'coz we can get the coins for a cheaper price but sometimes this could lead the project to death.

Right now there are projects doing IEO on exchanges such as Finexbox. You don't see these exchanges back in 2016 but they are now doing IEO following the steps of what binance did. The next 5 years all these will also be gone just as how cryptopia and coinexchange turned out. Coinexchange is about to shutdown.   Investors wouldn't register to these exchanges, submit the required documents for KYC to invest. I could be wrong but if they list their coin there, it will have low volume

Just invest in a project that runs it's own exchange, and you're golden, lmao.

I don't like the power all these major exchanges has, it's bullshit to say the least. Eventually when we hit full on regulation, and these exchanges are forced to share your personal info with the governments, I'm sure DEX solutions will blossom up, and people will start to realize how important their personal info really is.

Take a look at Blocknet, one of many projects, who built a DEX, they where the first project to launch one actually, and it's working great! Peer 2 Peer trading is powerful, as it eliminates the middleman. You being in control of your funds at all times.

Do your own research Wink

DEX it is. But how sure are we that the government are not going to cease these DEXs?

1779  Economy / Trading Discussion / Re: We are finally going to $22k on: October 03, 2019, 03:46:28 PM
It will not be a surprise if Bitcoin moves to $22K next year. We all have seen its movement in 2017. I agree to the point that most of the investors have lost their faith in ICOs and IEOs due to rising scams. Although IEOs have given a little push to crypto market but it still needs low of money inflow. Once investor's confidence on crypto projects is rebuilt, I do not think Bitcoin will take much time to reach $22K.
IEOs are equally a scam like the Icos except for the fact the these are a listed scams. I call icos scam bot because they run away with money but because they stay boldly without doing anything even after raising money. 99% of the Icos launched an year of couple of years ago have not achieved anything as per their road map.
Looking at the chart as a whole we aren't after all experiencing bear market but just dipping just for 2-3 years and will probably go on rising again.  I don't just dream of 22K though, I'm hoping for more. probably double it to 40K until the message to all the people in the world will be seen that we're in the age of digital currencies.
I strongly believe that it  is also the desire of each and every one of us to see that bitcoin price grows above $30k because this is the value that is enough to actually make many people happy about their investment in the coin, most especially many of the people that bought out of FOMO when the value of bitcoin reached the last ath of $19800.

Price at $22k is still not that bad anyway, but I think that bitcoin can actually do more in this next bull run, considering the fact that we have added  more in terms of adoption more than the previous adoption rate we had even in 2017 when the bull run sets it, it means when bull run starts now, there is going to be more buyer of bitcoin, therefore to achieve the predicted value may actually be a very simple target.
It's still not as simple as it seems. As i said main thing before last bull run was that a lot of people heard other's making money. This time it has to be something bigger and people need to realize the utility of blockchain for bull run to be triggered the event can be anything.
In any case, for all time, Bitcoin shows excellent dynamics. It is likely that after the halving, the price will begin to rise, however, given the manipulative state of the market, it is very interesting how the whales that own most of the bitcoins in the market will play cards. Mass cryptocurrency FOMO in the past. The big question is what will provoke people to buy bitcoin again, perhaps the rapid and continued growth will again create a wild excitement in which people want to give preference to bitcoin rather than altcoins.
The manipulation work on the both sides for whale. They are great at creating FUD and equally good at creating FOMO we just saw in last few months  that btc went to 10k from 3k so whales can take the price to 20k equally easily

They manipulate for their gain too, its not like they are pumping the coins without them profiting from the people who joined this market. This will happen are backed by the legitimate news as well from governments involve in BTC like Venezuela to banks and Japanese STO regulations.  This time though I hope they are going to do it gradually so that those firms who still has doubts will panic out of FOMO.
1780  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Do not be deceived by inexperienced bounty hunters on: October 03, 2019, 01:04:59 PM
Bounty campaigns are still good, one can still earn profit by dumping the coins or wait til the price goes up. Its not meant to be your day job so you gotta take it lighter.  Learn about the project before joining the bounty campaign.

Projects today though aren't paying the bounty right after the IEO, they protect the real investors so it takes months, even more than a year which is frustrating.
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