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181  Economy / Economics / Re: Has anything been a good hedge against a financial crisis? on: March 21, 2019, 05:58:37 PM
Bitcoin is definitely a good hedge against a financial crisis. Look at Venezuela for example (or turkey last year as well), people who hold their own money (bolivar or boliver something like that) realized their money worth nothing at all and they couldn't even buy food, I have seen a women boil a shoe in water to eat later on because it had fibers in it and would prevent them from dying. They are that poor right now (maybe not all but those people exist) many people died of starvation because of economical mistakes done by the government.

However, people there who hold bitcoins, they are not rich, not rich enough to live on a palace because after all when a whole country is missing their money there is really nothing you can buy, you can have billions of dollars but when you go to the market there is nothing on sale so your billions worth nothing, but at least bitcoin holders managed to make sure their networth didn't went down like all others.
182  Economy / Speculation / Re: This has happened in the past! on: March 21, 2019, 03:43:44 PM
I don't know man what happened in the past doesn't really have to happen in the future. Don't get me wrong I am a firm believer that bitcoin will go up but saying it will go up to $200k is not really that realistic and could be a big wrong prediction.

I am not against anyone selling their bitcoin, if you sell bitcoin and keep your money still on coinbase/binance whatever exchange you use, and than rebuy at a level you are more comfortable with than there is absolutely no reason for you to not sell. If you do not like $4k but like $5k and think that $4k is risky but if it goes to 5k it will go further higher than sell at $4k and buy at 5k and wait for it to go up, its all fine.

People should be feeling comfortable with the way they do business on bitcoin, sell whenever buy whenever because that is the biggest difference with banks.
183  Economy / Speculation / Re: New Report Warns 87 Percent of Cryptocurrency Exchange Volume Is Potentially Sus on: March 21, 2019, 01:40:45 PM
I wouldn't be shocked, volume is what attract customers in exchanges. If binance suddenly dropped to one million dollars volume a day, would you continue using it? If they were always like that would you start using them ? I think volume is the most important thing in exchanges to attract customers, the first thing any trader looks at any exchange is the volume.

Also, another topic the volume basically decides on what a company makes on profit, so if a company has like a volume bot that is making their volume look bigger and bigger that means it also looks like they make more and more money, which really helps out in many cases like for example on coinbase for them to get funded by investors and open more places so they could get bigger and eventually don't even need the volume bot one day.
184  Alternate cryptocurrencies / Altcoin Discussion / Re: Introducing PPIO Decentralized Storage. Developers are invited to join community on: March 20, 2019, 04:39:29 PM
Well, when you talk about looking for developers to join the project, are you talking about coming in as a volunteer or are you guys looking for developers you can hire to also help you in working on the project because if it's based on volunteer, then you will have to tell us what is unique about the project that is not present in existing projects because most developers don't like to waste their time developing on a project that might not amount to something beneficial for them in the future, so it's good you tell us the unique features of this project.

Moreover, this is not a right away of inviting developers to join your channel. You must post in service related boards for this purpose of inviting them to join your project. You may make use of these boards if you are not yet aware of them : Marketplace (Altcoins) and Services (for BTC based remunerations).
185  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO will be replaced by IEO on: March 20, 2019, 03:04:20 PM
I just hope all these IEO things also brings in new money. If its just bitcoin holders using their bitcoins to buy into these new coins than there is really no point to it that helps the whole crypto currency market, its just helping the new coins, but if people actually deposit fiat to buy these coins (even if not all of them but some of the investors) than we will have some new money coming into crypto currency market which is what we need.

I do not want to see top coins get diluted into even more coins to be honest with you, we already have bunch of coins that are worthless, we have more than 2 thousand coins on coin market cap website now (probably more coins that are not even there), do we really need that much coins? I do not think so, I think if a new coin is coming out on the market it should at least bring in new fiat to the market, if not its totally useless to us.
186  Alternate cryptocurrencies / Altcoin Discussion / Re: Major Crypto Exchange and Wallet Coinbase Adds Support for Stellar Lumens on: March 20, 2019, 12:12:56 PM
Stellar was the one that got into blockchain as well right? I am not entirely sure if that was the one that blockchain gave away like 25 dollars each and all that but if its the same coin than these dudes are working real hard.

I mean if its the same one than these dudes got accepted by blockchain.com (aka blockchain.info) which is already super known in bitcoin world and than got accepted at coinbase which is basically the hub for crypto currency in USA. I wouldn't it be shocked if they manage to get Stellar into top 3 coins one day, its a shock to me how they are not already in top 3 considering even a fake ass coin like XRP is there and sometimes claims second spot. Instead of putting your money into stuff like XRP people should focus on great companies and coins like Stellar.
187  Economy / Economics / Re: How is tokenization affecting the over all price level of cryptocurrency? on: March 19, 2019, 08:38:17 PM
I don't think it divides the money as much as people think, I believe there is still people who get into bitcoin but just somehow moved towards other coins for the coins sake and got the money for it without diluting their investment. So, what I am trying to say, lets say someone has 1000 dollars in bitcoin but sees a new coin and puts 100 into it, they do not put the 100 from bitcoin, they probably put a new 100 into it, so instead of having 900 bitcoin to 100 new coin they have 1000 in bitcoin and 100 in new coin.

Obviously, it is not always the case but I feel like that is most of the time what happens. That is why I feel like if you delete all coins above top 100 coin marketcap and put all the money into the top 100, you will definitely have top 100 coins going up but most people will withdraw to fiat because their favorite coins got deleted.
188  Economy / Economics / Re: Japan Approves Self-Regulation for Cryptocurrency Industry on: March 19, 2019, 06:19:59 PM
I guess it is not as good as everyone thinks, when you have self regulation it is both a bliss and a curse, you do really have to self-"regulate" as well, this doesn't mean government just says "go do whatever you want" if the government realizes you do not regulate yourself and do whatever you want than there are consequences, so yeah its great that Japanese crypto currency people and companies have more freedom than anyone in the world but it is also a lot of responsibility.

Whole world is watching and if they make it work than it is great and all other countries will slowly start to adapt the same thing however if they somehow find a way to screw up and than its going to be a lot of negative people using that as an excuse to not make bitcoin self-regulated anywhere else.
189  Economy / Economics / Re: Do you need cash for everyday use? on: March 19, 2019, 02:22:04 PM
This kind of shows what type of payments are still used in many parts of the world. I do kind of use cash, not too much but a bit and I really need it. Someone as anti-bank as me who has either cash or bitcoin needs the banks just for my debit card which is basically cash but in the bank because I need the bank for cashing out my bitcoins to fiat, doing that with cash is hard but doing that with a bank account is quite easy.

So after all, its not a shock that people who like bitcoins also prefer to use cash because its mostly untraceable and it can be used anywhere you go and you do not need to explain where you got it whereas if you have money on bank you need to almost always be traceable and the fact that where your money came from or where you spend being constantly on their radar is scary.
190  Economy / Economics / Re: The myth of crypto revolution on: March 18, 2019, 08:39:46 PM
You are definitely right about the fact that many people use bitcoin as a means to make money and not for its real purpose of using it like money. They try to buy and sell and profit from the trade and that is all they care and yes many rubbish altcoins were created just for that purpose alone. However, do not assume just because that is a majority of people in the crypto world but its definitely "all" of them.

There are still tons of people using bitcoin for what bitcoin was created for, and to some extend same applies to ethereum as well. They are used to buy stuff, earn money, spend it on something or pay a person as well, just like regular money. So, all in all even though most of the bitcoin users we have right now are focused on the profitable side of bitcoin, there are still tons of people who use it for what it was supposed to be used for.
191  Economy / Trading Discussion / Re: CoinMarketCap hit $140B is this the start of the next bullrun? on: March 18, 2019, 05:59:24 PM
30 dollars? Really? I mean with that kind of small amount I would probably suggest going into something very small and very new. Maybe even an ICO if you can find a decent one among all the horrible ones. Aside from that making 30 dollars into something bigger is really challenging, you can't really make like a thousand dollars with a 30 dollar investment in this market. Maybe if you invested years ago you had a shot but today that seems very unlikely.

Think about it if you put 30 dollars in bitcoin and bitcoin goes to 90 thousand dollars you have a thousand dollars, so you would need bitcoin to move from 3000 to 90000 just to have a thousand dollars. I would suggest finding small coins that have great road maps and getting closer to doing some deals and jumping ship right after the spike to find the next one, that is your only chance.
192  Economy / Trading Discussion / Re: Excessive confidence in cryptocurrency trading. on: March 17, 2019, 05:11:28 PM
I had this once upon a time. I was doing great during the bull market of 2017 and I literally made 200%+ in a month in fiat terms and god knows how much in bitcoin terms as well and I was trading awesomely, no matter what I bought went up higher than bitcoin did so at the time bitcoin was gaining value in dollar terms which made me profit but also the coin I bought was going higher than bitcoin as well so I was gaining more bitcoins as well.

So, I got a bit cocky about it and than I found the harsh truth about how anyone can make a profit during the bull markets but when the bear market hits you have absolutely nothing to do because no matter how great you are the bear market will destroy all of your winnings. That is why now I try to be much more careful about how I do my trading and do it a lot more slowly.
193  Economy / Trading Discussion / Re: How to follow the course? on: March 17, 2019, 03:11:31 PM
I try to use coinmarketcap and also tradinview. If I am looking for just information you can go to coinmarketcap, they both have superficial amount of information on their main page where you can see the price the volume the marketcap and so forth which is really all I need most of the time but if you need further details you can click on the coin itself and you can use that page to see plenty more information about the coin.

If I am going to however trade that said coin than I use tradingview and check out some known people and people I like and how their charts held up on that coin so forth which allows me to see some predictions and projections about what that coin could be doing soon. Of course, that is not always the case and sometimes it fails but at least that is the best way I know how and will use until I find a better option.
194  Economy / Speculation / Re: The end of the sideways market is only a few months a head. TA on: March 17, 2019, 02:10:12 PM
Think of it like gas, not the ethereum gas we all talk about here but the normal gas we all know, if you put gas into a balloon for example it is going to fill it and that is it, if you put it in a container it will be a bit tighter there since it can't move the way it was, and if you make it even smaller with time than it will explode.

Right now, bitcoin price and the whole market is like gas, it was in a balloon for all 2018 and it moved however it wanted, in 2019 we are at a small container, and each time it tries to move to any direction it gets smaller and smaller, the price used to go between 3400 to 4200, now it goes 3800 to 4100 , lets see how smaller the movements can get before we can have a huge out break. I don't know which side it will be towards but I feel like upwards is a good bet at this point.
195  Economy / Speculation / Re: Will bitcoin remain above $4000 this time around? on: March 16, 2019, 08:32:32 PM
I don't think it will stay above 4000 for too long but I do not think it will drop too much neither. I feel like the levels of 3800-4200 is fairly realistic for now until we move further away in any direction. It could be going under 3800 or it could be going above 4200 but as long as neither of those things happen it will continue going between those prices up and down for a while. Which in terms means that yes price will fall below 4000 again but more like 100-200 dollars at most and nothing more.

So, if you consider 3999 as "under 4000" which it technically is but psychologically is not different from where we are today than yeah it will definitely go below 4000 mark soon. I just feel like as long as we do not get a big change in bitcoin the price is just stuck right now.
196  Economy / Economics / Re: Facebook’s Catastrophic Blackout Could Cost $90 Million in Lost Revenue on: March 16, 2019, 06:24:06 PM
If you think facebook makes all of that money thanks to being online every single minute of every single day than you are quite wrong.

First of all yeah the bulk of their money comes from ads and when you are offline you can't show ads which makes you lose money so they did lost a ton of money that is for sure but do not think that facebooks (as in company not just website) only income is ads, they do a lot of stuff with data and providing info for rich enough people asking which is a lot of money for them and it is involved in that 55 billion so they did probably lost a lot of money but not in the 90 million dollar range.

Additionally, this is facebook they can lose a bit of money while not caring about it, having a tech company down for 14 hours is of course horrible and they wouldn't want it but that 14 hours loss in 90 million is not the biggest trouble, its the "people will find other stuff to care instead of focusing on our products" fear that is the most important stuff.
197  Economy / Economics / Re: Cryptocurrencies Pose Risks to Banks, Warns Basel Committee on: March 16, 2019, 05:29:36 PM
Banks do not have to get scared about potential of bitcoin in our world and what it can do to them, banks need to be excited about the potential of bitcoin and blockchain technology and how it could improve them and make them better.

I know there are tons of banks who deal in the shady business world and bitcoin is definitely going to ruin that for sure but any bank that is doing business in a legit way should see bitcoin and blockchain as an improvement to the old system and instead of being afraid of it should adopt it.

If the world is moving towards a new and better system and if you are trying to keep people away from it than all you can do is slow it down, you can't stop it, you can pay politicians billions and make bitcoin illegal all around the world and yet people will still find ways to use it so instead of trying to stop it I would suggest supporting it so you can get behind the economic evolution.
198  Economy / Trading Discussion / Re: Earn Money by Simply Predicting Cryptocurrency Prices on Coinediction.com on: March 15, 2019, 03:27:54 PM
Is it a brand new services ? Because, I am unable to see anything under "See all cryptocurrency predictions" and "See all Traders" is also showing nothing. Do I need to sign-up to see them ? I guess most people want to see something "useful" before deciding about signing up.

You must include your url in open-post also. I checked twice before finding the same from your subject line.

Your "How It Works " seems like an enough guide-line to get start with your services but some brief FAQ contents or video tutorial may do better job for all kind of audiences. Bookmarked your site and may follow time to time to get some good predictions Wink.
199  Economy / Trading Discussion / Re: Understanding The Different Types Of Cryptocurrency Exchanges on: March 15, 2019, 01:19:04 PM
This is a good advertisement for your website and I kind of dig it since it is not done obviously and it is sharing a basic information newbies could use, I mean you can find this information anywhere if you just google it so there is no point of having just another topic to discuss the same things. However I would like to refute just one thing that is quite important.

Satoshi Nakamoto had absolutely no intention of exchanges and any ideas on what his true vision was about exchanges. You can look up every single paper he ever wrote, his all messages and his all chats and there is absolutely nothing about exchanges and what is right and wrong.

Decentralized exchanges can be anon but you can also have centralized exchanges that is as anon as it gets without sharing your KYC or even your first name, just a mail would be enough for many of them.
200  Economy / Trading Discussion / Re: Crypto/Blockchain Related Stocks [LIST][BEING UPDATED/WIP] on: March 14, 2019, 07:24:50 PM
I'll be adding a few more stocks shortly. If anyone else has any other ideas, do LMK
What is the goal of this discussion ? Encouraging this community to invest into stocks ? Literally that is not a right thing we may do here IMO as it may redirect investments out of crypto space Roll Eyes.

All the stocks which are listed out here, basically involving with cryptos and not truly a crypto based company nor stock. I mean a firm which is originated based on crypto like coinbase or blockchain.com or bittrex and then they are also getting listed on stocks market like that there is no stocks are available yet ?

I guess 10 years must be a small time frame for a company to reach the stage of becoming a stocks offering firm.
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