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1781  Economy / Trading Discussion / Re: Why Bitcoin is Declining? And What’s Next? on: August 25, 2019, 07:38:29 AM
My eyes! My eyes!
What's with the huge font bud ? You can keep the default font size of 10pt as it is soothing to eyes and easily readable.

As for the speculation, I think that the selling price is a bit too high considering the ATH of this year to be about $13000.
There is a barrier at $13k and only if BTC crosses that mark, it will reach the $15k target. So according to me the profit takeout target should be around $12.5k.
If they set their profit at $12.5k, and at that point is when the increase successfully breaks the barrier of $13k, would they not have missed out already after their trade must have been executed at $12.5 and you know the thing with bitcoin bull run, before they make decision to quickly join the moving train, the price may have reached almost $15k and the peak at that again for possible corrections, which means they will find themselves stocked on again for a very long time after they must have joined the train at that $15k thinking it would continue to surge higher.

The point of what I am saying is that it is better to just be patient to see the end of the final peak than pulling put often and trying to get back into the market except for day traders and they need to
1782  Economy / Trading Discussion / Re: Is Technical Analysis Bullshit or Not? on: August 25, 2019, 06:24:23 AM
Everyone can really do technical analysis, just line up something and draw some graphs, and there you have it, you can find the pattern and predict the future price of bitcoin. However, it is more than that, I mean there are so called experts who totally rely on technical analysis.

So I wouldn't say it's bullshit or something, definitely something you can find it very interesting specially if you hit your prediction, however, its not guarantee that the pattern will always works. Most of the time, the sentiments of investors takes over the market.
We cant classify those who are just playing with chart as someone who doing technical analysis , because before you can pickup p those charts to start analysis, you must have been fully trained about it, if you pick chart and start drawing lines, what do they know they will draw, so I would not want to agree that anyone will just pick chart to start drawing without knowing exactly what he or she is doing, except maybe the person is just trying to do some training which will be stupid enough of the person to predict an figure publicly when it is going through test.

Although there are some people that are just realizing some speculation and claiming its analysis, meanwhile they only got those predictions out of assumption, but someone who is well trained In TA will really give an accurate figure.
1783  Economy / Trading Discussion / Re: Advantages and Disadvantages of the Cryptocurrency Volatility on: August 24, 2019, 08:01:20 AM
It has been years that no forex trading market and gold market came into existence and yet their market is still not void of volatility, crypto market is a new one and the volatility will still be in the market for a very long time, except maybe we want to start analyzing them separately based on each currency.

Like the currency of bitcoin, I know that bitcoin volatility will not remain for life, it is certain that bitcoin volatility will become very less in future because it was design to have limited supply, with its limited supply, there is tendency of bitcoin price becoming stable in future, maybe in 10 years time, and that is when I assume that bitcoin can start its journey to becoming a global currency because people would prefer to rely on its stability.
1784  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Sentiment analysis or Technical analysis, which one is best to make good trading on: August 23, 2019, 06:05:05 PM
Using tools in trading can be really helpful for every trader. But i suggest to try the technical analysis because most traders uses this tool, especially for the first time traders that they can be guided and they can determined the volume and the price movement of a coin, so that they can easily trade or sell a coin.
First timer are the ones that usually finds it more difficult to interpret chats and for you to be able to interpret chart easily and correctly, you must have undergone some through training and put lots of practices into trading.

Technical analysis not as easy as you may think, most people that uses technical analysis successfully are pro trader, even pro trader sometimes still finds themselves falling victim of fomo with all the technical analysis that they do, but if yiu can really master it well, it is really a fun thing, but it is still not complete without joining it with fundamental analysis, you have to be able to combine the two together for you to have exactly the right prediction for that particular period of time that you need it and for a particular time frame.
1785  Alternate cryptocurrencies / Speculation (Altcoins) / Re: what is happening now? on: August 23, 2019, 05:32:41 PM
what is happening now is that the price of altcoin is decreasing while bitcoin is increasing, I don't know exactly why this is so, because as far as I know the price of altcoin will increase when the price of bitcoin rises.
Nobody has explanation to it that much also, but from what I have observed so far based on how long I have also been in this cryptocurrency world, altcoins that you refer to as always increasing with bitcoin are those altcoins that are not too far away from altcoins, I mean those that we can still say they are on top 50 roll, I think they are basically the only coins that I have see always rising when bitcoin is rising which they are actually still behaving that way.

Most time that bitcoin has been rising, all these altcoins rises and also decreases when bitcoin decrease, but the other altcoins where I think majority of us have our money are the ones that are not rising at all and I am watching their reaction to the nest alts bull.
1786  Alternate cryptocurrencies / Altcoin Discussion / Re: How to be a good traders of altcoins? on: August 23, 2019, 05:15:19 PM
very risky if you use altcoin to trade especially when the market is unstable it is likely you will lose quickly, you better drive with bitcoin for daily trading, because bitcoin price movements are increasing.
For this season, I think it will be right to actually focus more on bitcoin trading now because anyone that is trading altcoins at this time that the markets are bleeding so much is doing so at his or her own risk.  The best time to actually make much in trading is during bull run, and as we can see that only bitcoin is still the one that has been in its bull run since 3 months ago, and many people are beginning to pump their altcoins for bitcoin.

The only thing that is good about altcoins right now is just to buy them and hold since they are very cheap, this season will favor more of holders than traders, I mean holder can buy very low now and then wait for altcoins season for them to make so much money.
1787  Alternate cryptocurrencies / Altcoin Discussion / Re: Court Hearing On Crypto In India on: August 23, 2019, 03:40:51 PM
What if the judge is Satoshi Nakamoto lol? I believe that the disadvantages he stated is not convincing enough for the judge, and the way the judge sounds, seems I can see that the fate of cryptocurrency in India has already been decided, and I am sure that here will pass a positive judgment in favor of cryptocurrency.

I really don’t see this case as anything meaningful to me, it is just a waste of time, even if the government ban cryptocurrency in India, it will still not stop people from using it, and whatever law they pass has no effect on the whole world, so what is the point when they have other important things that they need to attend to as regards their country’s development and growth which acceptance of bitcoin is even supposed to be part of it.
1788  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think 40% bonus is too much for early Investors? on: August 23, 2019, 03:06:46 PM
Imagine that 40% drops from the total cap of bitcoin market today, what do you think will happen to the market cap, and not to talk of when they dump their own investment itself, if they really want to test it, I mean to know the real cause of project dumping and crashing, then the same way that they have limited the percentage of bounty hunters is the same way that they need to limit the percentage that they give to these investors, which to me is quite too much and then they will see the effect of it on the market now.

If they can take this bold step, they will surely see a turn around and lower the rate at which these projects do dump. If investors are really interested in multiplying their money, then I feel the interest they get on their capital alone is enough.
1789  Economy / Trading Discussion / Re: Bitcoin or LTC ? on: August 23, 2019, 10:53:20 AM
Bitcoin is still the best coin for trading, the volatility that is measured in thousands of dollars up or down, what other coins can be so profitable like Bitcoin is? You can`t find them! Short term or long term, Bitcoin is the best, it always bounces back after drop, when it rises enough there will be a new drop again.
Take a look at charts, if you can find any other coin that can be compared with Bitcoin let me know.
I am not sure that anyone will be arguing that at all with everything most people have seen in the market on the development of bitcoin and there isn't much point to even be comparing them both, bitcoin will always reign ahead of them in everything but we need to also fully understand that there are sometimes that altcoins too could be extremely profitable.

One thing that I do notice about altcoins is that if they want to increase, they can really increase far more than what bitcoin can even get to at once, but they are not always sustained, their increase is very seasonal unlike bitcoin that could go low and high severally within a very short space of time, so investment in both of them would really be the wisest choice for people to make.
1790  Economy / Trading Discussion / Re: Beginner Trader on: August 23, 2019, 10:23:31 AM
It would have been a little more easier if they had plenty review for you to be able to look at the percentage if negative review in it , to me, if in a comment section, the negative review is more than 20% , then I assume that such site or project cannot be trusted, but now that it has negative review, I would not know what exactly made him give such review.

The best way to find out Is if there is a way for you to send the personal private message asking why, but rather than going through all that, why don’t you just take some few months to learn trading by yourself, it is really going to benefit you more than relying on someone or some sort of site to help you double your money through trading, it would save you all these doubts and stress.
1791  Economy / Gambling discussion / Re: 2019 NBA Season on: August 22, 2019, 07:23:34 PM
I think it was more due to Lebron being injured and not seen as the alpha in that team. I mean we are talking about Lebron bringing Cavs team to finals just two years ago and last year he wasn't capable of bringing Lakers to playoffs. Do you really think that was because of Lebron himself not playing well?

Lebron could bring any team to finals even on west conference but you have to give him the ability to actually rule the team, if he can do that than he can actually basically be like playing nba2k20 with the players on the court. Lakers young core wasn't ready for that so they screwed up and now they are gone of course. This year it will be much better because they have players like AD and Danny Green who will be much better for Lebron, Rondo was great too, shame Cousins got injured, that would have been awesome too.
1792  Economy / Gambling discussion / Re: Gambling as a profession: there's people who live out of gambling? on: August 22, 2019, 06:47:42 PM
I did betting as a profession for over 2 years before I finally got myself a job, I think that’s almost 5 years back, I lost my job at that time and I needed something to keep me going, it was fun having to run it as a profession. I made sure I used every opportunity I got to play to minimize losses and maximize profit and it sustained my needs during those times.
Since you went through that phase and survived, I am sure you would agree that with time you only up losing more than what you make so gambling habits should be kept within strict limits for addicted gamblers with some breaks in between to prevent huge losses. Bankroll management is one of the key points that people miss out ending up in devastating losses and thus I emphasize on that for anybody willing to take the risk.

I believe those who tend to boast about their gambling skills are typically bluffs - I am not referring to jostorres though, but those who appear on media and all telling people about other sites, they are bascially paid actors for the casinos. Wink
I agree with you mate, I always see people who list out their achievements from gambling and talk about their skills as those who have been paid by the casinos to do so, because  in real life being an expert gambler is quite impossible. The game is unpredictable, so how can anyone be an expert or boast of skills? It’s absurd. I understand the aspect of experience as an added advantage but definitely not skills.

I have been gambling for roughly over 10 years now and my friends would always expect me to give them a strategy that would work for each games and I am wondering if I have that for myself either lol. This is a game of lucky that we all try to see how our luck plays out. Let’s not be deceived, there is no professional gamblers anywhere in the world.
1793  Economy / Gambling discussion / Re: Are you guys started to gambling with cryptos or fiat money? on: August 22, 2019, 04:58:05 PM
Started with crypto in sports betting, later I joined steemit, gambled there with steem/sbd on magic-dice (which is now dead).
I may have heard about this steemit, the name sounds very familiar and I hope it’s not the same site that got many gamblers frustrated at some point when it crashed lol. The dangers we encounter as gamblers are numerous and sometimes I am tempted to say the most risky profession online is gambling and this is for those of us that take gambling for a profession.

Well, I started gambling with fiat and this is many years ago, those days we were more of offline gamblers using casino houses, so we had no other payment choice than fiat but these days bitcoin gambling has taken over. It gives more profit and more efficient.
1794  Bitcoin / Bitcoin Discussion / Re: What do you think about Bitcoin and the games industry? on: August 22, 2019, 04:25:00 PM
It is of no surprise that even in 2019 the gaming industry has not found its touch with Bitcoin or Crypto Currencies in general. There are many reasons for them not indulging into the crypto market though.
The crypto currency market is highly volatile. The prices fall and rise too often and that is dangerous for any business accepting them as a mode of payment.
Steam tried to give the crypto game a try but it badly failed because the transaction fees for Bitcoin rose from $0.20 to $20 in just a week.
Although all these factors hinder the gaming industry from including crypto into their systems, I am pretty sure something is being worked on to overcome this problem. After all, the world is now adopting the inevitable phenomenon that is Bitcoin and Crypto.
Who said so, I think that the gaming industry are even the ones that has accepted the use of cryptocurrency more than every other industries we have there, let me mention some of the big games to you, such as BMI Gaming, dice, craps, keno, video poker, roulette and many more, they all play these game in bitcoin now, so they are gradually expanding, they might still be few but their number still corresponding with the level of acceptance of bitcoin generally.

The more the adoption of bitcoin grows, the more some of these gaming industries will also start to adopt the use of bitcoin for their game too, so we should just look at the future, majority of them have plans for it, but they are just trying to watch as things takes its shape in crypto generally.
1795  Bitcoin / Bitcoin Discussion / Re: Bitcoin entering colleges and universities| DISCUSSION | on: August 22, 2019, 03:34:02 PM
Seeing that well-reputed schools like MIT have a Bitcoin club and is offering $500k worth of it only makes it clear about the future of BTC. The well-educated folk has probably realized the potential of the Crypto market and decided to gain more knowledge of it.
It is better to have knowledge of something and not need it than to need knowledge of something and not have it. The use of Bitcoin is increasing day by day and is becoming more accessible to the common man.
In the coming time, Bitcoin will be accepted as legal tender, and everyday tasks will be undertaken with the help of the cryptocurrency. It is refreshing to know that well-renowned institutions are accepting the rise of Bitcoin, unlike banks and governments that do not want it to become main-stream.
I have started seeing lots of courses that is being taken by many colleges and even given certificates in the blockchain studies generally and since cryptocurrency is a product of blockchain, they must surely teach a section of it, so as blockchain is being taught, crypto is also become a part of the future of the newer generation, we may not see the big adoption of crypto that we want in our own generation.

I believe that in future generation, everything about payment will all be in form of cryptocurrency, and before then also, we will see many schools accepting the use of bitcoin as payment. There is this country that has already legalizes the use of bitcoin as payment of salaries which does not exclude the lecturers that we have in those school, so this is how it will all begin.
1796  Bitcoin / Bitcoin Discussion / Re: Why are big leaders now opposing cryptocurrencies suddenly? on: August 22, 2019, 11:20:18 AM
They fights for their fiat currency and well know that the governments are against on us and also central banks are against to cryptocurrency. Let's hope they will changed there minds in the next year when bitcoin started to pump.
They are just indulging in a fight that they cannot win, even if US ban cryptocurrency today, that will still not stop it from moving forward and to get the world leaders to come together to ban it will be extremely impossible because some of those world’s leader too are already benefiting from the use of cryptocurrency in their country, sop stopping it is like removing a working feature from their system.

What I see in future is that the bitcoin will be accepted, no doubt about that, they will only introduce some sort of regulations that may not favor people, just as the US government has demand for Binance to separate its citizen to another platform which they are ready to do, but not in accordance with the will of the users, so many people may not like that idea.
1797  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Buy these altcoins!!! on: August 22, 2019, 08:51:55 AM
You seem confused sir, ripple is the company,  xrp is the token. Many banks use ripplenet but dont use the token. This is why so many xrp is being dumped. No banks currently want to use xrp.
It doesn’t matter, like TRON majority of us do you which is actually TRX but then we still understand they are one, everyone that see ripple already understands that the op was referring to ripple, which I agree with you that ripple was not worth it as an investment.

I don’t see how the usage of the coin has kept it for that long, I guess it is just hype and the fact they are cheap and people are expecting too much from them based on their previous high increase that is asking people still put in little investment and holding on to the coin. Ripple has more of holders than they have users of the coin, and I think they will eventually get tired and dump the remaining of their coin when they no longer see much development of the coin.
1798  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will SCO become the new 2017 ICO? on: August 22, 2019, 07:34:04 AM
NULS just announced a new staking model known as the staked coin output. I am interested in this system because it allows those with the tokens to get rewarded with altcoins that are participating in the SCO.

https://btcmanager.com/nuls-enterprise-dlt-project-and-aleph-unveil-staked-coin-output/?q=/nuls-enterprise-dlt-project-and-aleph-unveil-staked-coin-output/&
The only thing that I see with the SCO is that it gives investors guarantee of having a success, which means that their time and money put in the ICO would not be a wasted one, so investor can really on getting profit with no doubt, but don’t think that it is still free of scam, the SCO is a method itself, and anyone could come up with the idea that he is coming up with an SCO project and still be scam.

Every investor of any form of system of crowd funding must be ensure that the project is indeed as it claims, we must ensure that we make enough research also on the team, and at least with this SCO, I don’t think that there is any point working with anonymity like ICO does, anything that makes it anonymous makes it fishy again and I would not trust the system because scammers could still hide under its anonymity.
1799  Economy / Speculation / Re: Do you really think bitcoin will reach 100k $ in 2021 on: August 21, 2019, 07:08:12 PM
No. I think bitcoin will reach no more than 20K in 2021. Yes, it's interesting - but there is already a lot of alternative cryptocurrencies. And 100K for 1 BTC  - is too much for nothing ))
You call all those coins alternatives? Now look at it, what is the status of those coins that you call alternative now? Is bitcoin still not growing while they are seriously declining, I thought you said they are alternatives, if they are alternatives, how come they watched bitcoin grow to $19800 in that last bull run, and how come they still watched bitcoin grow to $13800 in that last high that we got recently.

Look at much news that are coming up today, which coin are they all associating with? Still bitcoin. Don’t be deceived by those altcoins that are just here to play, bitcoin remain the only top coin and some other few to altcoins in the market like Ethereum, Binance and other altcoins that are within the scope of top 50 coins in the crypto market.
1800  Economy / Speculation / Re: Who Else is Expecting the Ultimate Rise of Bitcoin? on: August 21, 2019, 06:25:29 PM
If Facebook succeeds in Launching Libra, that may also play a part in the ultimate awareness to Cryptocurrency and indeed Bitcoin.

But as it stands, I don't think Facebook is moving ahead with the project anytime soon due to regulatory frameworks
We don’t need Facebook to release any coin for bitcoin to rise because Facebook never played any role in the last bull run of bitcoin, in fact the bull run would have been more than that if not because they were using their system to cancel and discourage ICO, now that they have come up with their own crypto, they expect them to just run smoothly.

I think they are reaping what they did to great projects then, they condemned them too and now they are being condemned also. Do unto other as you wish to be done unto, the same way that bitcoin rose to the top in that 2017 without Facebook is the way that bitcoin will rise now to the top with so many other projects that are more relevant to bitcoin market than Facebook. I am expecting this bakkt to have at least some effects.
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