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1761  Economy / Speculation / Re: Why did Bitcoin hit $4,000? on: March 03, 2019, 04:47:14 PM
There are a lot of factors affects the bitcoin price but i really think its the manipulators this time.
Who are these manipulators? Whales? Just because someone has deeper pockets than you doesn't mean they are manipulating the price. Instead, they are actually losing out due to the slippage they have to deal with.

They have no choice but to either 'pump' or 'dump' in order to open or close their positions. In other words, the only aspect here to blame is the lack of liquidity, and it is something that won't change any time soon.

Supply and demand theory isnt that okay to think because miners are long ago not active and still the price doesnt change.
What exactly do you mean with miners not being active? That they aren't dumping their coins anymore? If so, then you're wrong--miners continuously sell to cover operational cost, and that has never stopped.
1762  Economy / Speculation / Re: I expect the market to be in green throughout this month. on: March 03, 2019, 04:01:45 PM
My guess will be on 2020 or 2021 that the bull market will start.
That's not really something to look forward to considering that the market isn't doing what people expect/hope it will do. It makes sense as well, because people are well prepared in that case and will unload their bags on the way up.

2017s bull run was so powerful because it popped up in our face out of nothing, and when people aren't prepared for it, they'll fuel the bull run by fomo'ing into the market at any price just to capture that exposure.

Important note here is that you don't have to wait for a bull run to profit. It's just as profitable to buy in low and sell 50-100% higher with a moderate leverage count. Waiting till 2020/2021 is just a waste of time and opportunities....
1763  Bitcoin / Press / Re: [2019-02-26] Tom Lee: Bitcoin Will End 2019 On A High Note on: March 03, 2019, 12:27:14 PM
@gentlemand. No, however there might be some people who might have listened to him before. In any case, I reckon his prediction for bitcoin to do better than $3900 on 2019 is rational. What about you, is it rational?
I can remember that people were initially hyping him up, but that definitely changed after how he made himself look like a fool with his failed predictions. He shot himself in the foot, and that time on time again.

I won't take any of his predictions serious until he understands what this market is about when hype is no longer the main price driver. He will get it eventually, but it will take some time.

Being wrong each time has definitely had an impact on him and who knows, maybe he can stop being a meme and become someone who people actually value. It's hard to imagine now, but everyone deserves a second shot.
1764  Bitcoin / Press / Re: [2019-02-20] Google Registers Bitcoin.dev as New Domain TLD Goes Public on: March 03, 2019, 11:39:09 AM
Domain trading is a crazy business.Why would a .dev domain cost so much?The most valuable domains are .com,.org and .io,I don't see the point of domains like bitcoin.dev and btc.loan.The average crypto user won't most likely run away from such domains,because don't seem trustworthy.
These specific domains are very short, that's what makes them attractive. A few examples here:

bitcoindev.com vs bitcoin.dev
bitcoinexchange.com vs bitcoin.exchange
bitcoinloan.com vs bitcoin.loan

In most cases these specific domains are way cheaper as well. .COMs are going for millions depending on the domain, while most of these specific domains well under the $100k mark.

Overall, domain trading is quite a shitty business to be in. People ask too much for certain domains while they only appeal to those who are looking to actually utilize it and have it become a brand.
1765  Economy / Exchanges / Re: #DeleteCoinbase - what is going on with Coinbase? on: March 03, 2019, 11:02:15 AM
Despite all problems when it goes to buy and sell BTC, ETH and few other Coinbase were my favorite service.

Now I will have mixed fillings when try to use them next time.
I won't be deleting my account because they offer me BTC deposits and withdrawals without verification. Last year it was said that they will force everyone to verify themselves, but I can still freely use my account there.

A lot of people use Coinbase to move value instantly within their ecosystem, and as long as that is the case, most people will continue to use them. What alternative is there to Coinbase?

I'm sure that by the time people start fomo buying again they will sign up to Coinbase and start from scratch. If there were alternatives that were legit better, ok, it makes sense to leave, but there aren't for most people here...
1766  Economy / Exchanges / Re: anybody use COINBASE PRO on: March 02, 2019, 11:50:09 PM
I dont know when Gdax changed the name to proCoinbase,  this exchange is big but i dont use it because i want to trade alot of different coin.  Iam day trader and prefer to trade in exchange  of Binance and Gate.io because they also have customers  support via telegram that easy to contact when i want to ask something .
Coinbase isn't as big as it used to be. It has lost a lot of market share to Binance, and I don't see anything indicating that things will change any time soon, especially with how Binance now also supports fiat trading.

Currently they only support Euro and GBP trading, but it's only a matter of time before they start offering USD trading as well, and that's when Coinbase will very likely lose its main share of dominance as fiat entry/exit point.
1767  Economy / Trading Discussion / Re: How to do a technical analysis?? on: March 02, 2019, 11:29:16 PM
I’ve learned a lot on youtube tutorials and I can say its really worth it, but of course you should not just depend on that since a lot of sources can be found easily. Books and seminars can also help you, learning TA should be done first if you wanted to become a good trader.
Are there really that many worthwhile cryptotubers doing TA on youtube? The only thing I see them do is rehash the same obvious patterns over and over again, and then just move their target lines because the market wicked above it.

I can do that too. It's not hard to draw triangles and use Fibonacci retracement and then wind up a whole story around it pointing at moving averages. Too much noise and very little signal.

It's basic understanding, but with how people don't know anything about trading at all, everyone with that basic understanding will look like an expert to you. It's not for nothing that people pay for their courses and signals....
1768  Economy / Speculation / Re: How much Bitcoin to accumulate now to be financially set after the next boom? on: March 01, 2019, 11:56:00 PM
It even doesn't worth for my to sell now, I need at least 6K price but I'll wait 2 year and will sell my bitcoins after upcoming halving, before that I'll try to keep as much as possible.
Till the price tanks to $2000 (just an example) and you regret not having sold around $3800 when you had the chance but didn't because you considered that price to be very low.

My main point is that crypto (even Bitcoin) can always go lower in the short term with how there is nothing that prevents panic sellers from dumping. They don't care about the fundamentals, they just want to exit.

If we look at what happened so far, those who panic sold last year before we tanked below $6000 did very well even though they understandably don't experience it as such due to their loss in fiat value.

The panic sellers people tend to make fun of here did way better than all the hodlers.
1769  Bitcoin / Press / Re: [2019-02-26] - Samsung Announces Galaxy S10 Crypto Partners, Bitcoin & Ethereum on: March 01, 2019, 10:25:47 PM
What I don't get is why a wallet needs its own coin but I'm past questioning that stuff now. I let it wash over me.
They don't need it, but just want to use the opportunity and momentum to raise money, which is what I would be doing as well, and with me many others. Not creating a coin to go with it is what sucks harder.

There hasn't been an easier way for startups to raise money than to do it within the crypto and blockchain space. The sentiment here is literally: shut up and take my money! It's purely greed that dictates here.
1770  Bitcoin / Press / Re: [2019-02-28]Ethereum, Ripple, Bitcoin Outlook, Analysis of Top 16 Cryptos on: March 01, 2019, 09:52:38 PM
The Constantinople/St. Petersburg hardforks are upgrades only, and don't result in any new or forked coins. There isn't really any reason for Eth to pump, other than complete speculation and probably quite a few people not understanding that there are no new coins to be had.
I think the most important reason for Ethereum's pump was the reduction in block rewards from 3ETH to 2ETH. If you add that people buy what's going up, then it's quite easy to figure out that the price pumps further than it should.

Ethereum is quite complicated and requires consensus on various levels of the protocol, and when even one aspect of a certain large miner doesn't align, a split happens, and it was quite possible in this case.

Bitcoin is super simple--it does one thing, but does it extremely well, while Ethereum is trying to do multiple things well at the same time, but heavily struggles with that. It's not for nothing that they delay upgrades continuously.
1771  Bitcoin / Press / Re: [2019-02-26] Bitcoin Is A Delusion With No Unique Value – Warren Buffett on: March 01, 2019, 09:12:37 PM
But I personally disagree with him on that front. Precious metals and cryptocurrencies are all valid investments, because even though they may be speculative in the short term, their long term value is still determined by the utility that they provide which drives demand.
I don't see gold provide that much utility to be honest. If gold was valued based on its utility, it wouldn't be worth 5% of its current value. It's all related to speculation, and the store of value aspect is part of that.

Bitcoin brings more utility to the table than gold does, so based on that we should see it gain more value there, but I doubt it's going to do much--speculation is what makes every asset have value to begin with.

People think that fiat is money, which it technically is, but the far majority of fiat is being used for speculative purposes instead of money, which is also why Bitcoin keeps pumping while people think it failed as currency.
1772  Economy / Service Discussion / Re: Bitfinex Recovers Stolen BTC with US Government’s Help and Reimburses Clients on: March 01, 2019, 07:36:10 PM
Then again, even if they don't want to reimburse it, they are legally obligated to do such seeing that the US government is watching their every step.
Is the US government really watching every step of Bitfinex? They did their best to no longer be subjected to US authorities by no longer allowing US citizens to register and use that platform.

If the US government did care, they would at least dig into what's happening over at Tether, because their stable coin is listed on multiple regulated exchanges and has been accused of not having enough fiat in reserves.

Overall, I would be happy with anything that Bitfinex comes up with. If you can choose between a little or nothing at all, people will appreciate the little that's being offered to them.

What do people have to lose here? The worst that can happen is that there is no compensation, which is something you already don't have. You can't lose something you don't have, so be happy with this.
1773  Economy / Speculation / Re: Bitcoin factors drop in 2019 and now. on: February 27, 2019, 11:42:34 PM
so no i definitely don't think we are ranging between $3-4k, especially since we just went to $4300 a few days ago....
We can argue about the exact price levels, but to me it really seems that we're ranging between the 200WMA and the resistance around the $4200 mark (Bitstamp chart). The rejection of $4200 confirms that.

It's a firm range we're stuck in, and for now I do believe that we can expect more of the same until the trend shifts and we break out. It wouldn't surprise me if this continues all the way to Q4 where seasonality might cause a positive breakout.

I like the fact that I can accumulate as many coins as possible below $4000 so I don't mind it at all that we're not going up. I average in at least once, some times twice a month. I'm all set.
1774  Economy / Speculation / Re: I expect the market to be in green throughout this month. on: February 27, 2019, 10:46:57 PM
I can agree less, I have said it in most of my post that we are up for a bull run in crypto this month and we are going to see that happen from next week, we should be expecting to see bitcoin at $4950, ETH at $190, I can't say for the rest of the altcoins in the market but I am certain the time for the bull run is here already, the market correction is over.
Similarly, I guess the market 'agrees less' with you on that. If Ethereum's fork process is done and over (around a day to go as of writing this), we might see a significant downward movement due to people not being given an airdrop they hoped for.

I strongly believe that the recent mini rally was caused solely by altcoins gaining value, and as we can see right now, and have seen in the past as well, it's not a sustainable form of growth at all.

This bear market isn't over and I don't think it will be over unless we push over 2018s support that kept the price above ~$5700 for such a long period of time, and even then, technically it could still be seen as a bear market.
1775  Economy / Service Discussion / Re: CryptominingFarm.io is SCAM DEFINITLY on: February 27, 2019, 08:13:23 PM
I created a scam accusations on this cloud mining on scam section because they are not sending me my withdrawal request after 3 weeks but after 5 weeks I received my withdrawal but I will not change my post I will still consider this as a scam site because of the so many complaints about this cloud mining site.
It legit surprises me that they sent you your funds. Did you make clear that you have a scam accusation post on this forum against them? If so, it might have been a desperate attempt to not allow their "reputation" to get even shittier.

The bear market made sure that a whole lot less people become a victim of these scams, but I'm already thinking about what's going to happen during the next bull run. I'm sure (unfortunately) that we will replicate what happened in 2017.
1776  Economy / Service Discussion / Re: Using a BTC Mixing Service and Power Went Out on: February 27, 2019, 07:52:56 PM
In that case he wont really have any option but to contact support and do ask for further instruction
regarding on the transaction.
There is only one option left for OP if the aforementioned option isn't viable, which is signing a statement from the address the coins were sent from. If that's not possible either, then I hope for OP the amount is very small.

I really hope it's not sent from an exchange, because that means it's officially impossible to regain access to the funds. That's why you should always first withdraw to a freshly created address of yourself, and then mix it.

I know beforehand that an exchange won't sign messages to help someone who really needs it, and even if it is possible, an exchange might not be interested to cooperate. It's time consuming and doesn't make them win anything.
1777  Bitcoin / Press / Re: [2019-02-26] Bitcoin Is A Delusion With No Unique Value – Warren Buffett on: February 26, 2019, 11:20:21 PM
I kinda understand him. He likes productive investments, and that's what made him a fortune throughout his career, so what's there to gain from Bitcoin? Everything that's not a productive asset by default gets a shit/trash mark.

He doesn't like gold either for that same reason, so it's not that he's specifically anti Bitcoin. What gets him triggered are all the fools here thinking that because of their investment during a bull market they are an expert or pro now.

On the other hand, one could say that if you don't like something, then just ignore it and don't waste time speaking out about it, because it will make you look like an idiot during the next bull run....
1778  Bitcoin / Press / Re: [2019-02-26] Bitcoin Surpasses PayPal in Yearly Transaction Volume at $1.3 Tn on: February 26, 2019, 10:38:48 PM
but we'll never have actual measurements as to whether that's happening in practice, because of the private nature of the payment channels on Lightning.
That's what I like about it, people continuously complain about Bitcoin's lack of privacy, but they forget that LN does offer them that, or at least, way more so than regular on-chain transactions.

Overall, it shouldn't come as a surprise that most of what Bitcoin pumps through on-chain is related to speculation, but no matter how you look at it, it's still a form of use, and one that doesn't seem to have any limitations at all.

I would prefer it to be use in form of spending and cross-border value transfers, but it is what it is, and maybe we can't expect more than speculative use with how stability is needed to stimulate actual currency usage.
1779  Economy / Speculation / Re: Bitcoin factors drop in 2019 and now. on: February 26, 2019, 08:30:09 PM
These are just regular movements of bitcoin that it does all the time and after 6 years of being in bitcoin I can testify that big moves do happen but there are a lot of small moves that make no sense as well, I have seen plenty of small tiny moves like 300 dollars or whatever that didn't went to become anything important.
Moves that don't make sense? Everything makes sense when you take into consideration that most of the trading activity is automated, so whatever these smaller movements are that you refer to, they are very likely profitable.

Right now people seem to be afraid to go in with a big stack of cash, which is why the order books are very thin and we're tanking so hard after the last rejection. People said it was manipulation, but it isn't.

Big sales trigger others to add fuel to the fire by selling even more, because that's what this market seems to be about--people fomo in together on the way up and they panic sell together on the way down. 
1780  Economy / Exchanges / Re: XRP is launching on Coinbase Pro - Finally! on: February 26, 2019, 10:46:49 AM
The price not reflecting this event comes from how Coinbase no longer is the main exchange to work with. Most of the platforms have been allowing fiat trading and selling for a very long time now.

Overall, if you want to buy a coin that isn't listed on Coinbase, people buy Bitcoin and send it to Binance or whatever other exchange to buy it. People don't let themselves be stopped just because Coinbase isn't on board.

That being said, the good news for XRP however is more fiat liquidity, which is always a good thing for crypto currencies. I however doubt it will surpass $5 million on its USD pair on a normal day.
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