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1801  Economy / Economics / Re: Craig Wright is once again claiming he's Satoshi on: February 21, 2019, 10:27:35 PM
Ignore the clone of cryptocurrency A.K.A Craig Wright ( Fake Toshi ). Several article was really expose how Craig Wright manipulation of the data he edited by himself and try to claim Satoshi.
He has a following that deems every one of these articles as fake and an attempt to make him look bad. I'm not sure how CSW managed to get such a loyal but at the same time delusional following, but he knows how to play this game.

I saw his recent chat with Ran Neuner from CNBC trader, and the way he threatened to end the live stream was just silly. I really thought he would have taken care of difficult questions more appropriately, but it seems that he's exhausted.

Pretending to be Satoshi and constantly repeating the same nonsense must be tiresome. Cheesy
1802  Economy / Trading Discussion / Re: Keep proper distance but not losing passion on: February 21, 2019, 10:02:08 PM
like in my case, trading has always been a thing of fun especially when I was still learning, I know I lost a lot of funds but I saw it as an opportunity to even learn more and get better, it helped me not to repeat same mistake twice and made me get better.
I understand the thrill of trading, but there is no such a thing as fun trading when you are risking your hard earned money. People thinking trading is a fun thing are mostly the ones who end up losing in the long run.

A few lucky profitable trades don't make you a seasoned trader. I'm not directly referring to you, but people in general considering how they assume that trading allows them to generate an x percentage of profit per day.

The most important thing is to not underestimate the irrational nature of this market, especially with how every single crypto currency represents speculative value, and that's what most people don't seem to understand.

Crypto can always go lower, the crash from $6000 to $3000 was a brutal example of that.
1803  Economy / Trading Discussion / Re: What approach/methods will you use during the next BTC Bull Run? on: February 21, 2019, 09:20:07 PM
I will try to short the market the moment I start to feel that we're due for a massive correction and the charts mirror my bearish sentiment. See it as a form of insurance--the lower the price goes, the more Bitcoin I accumulate.

Looking at how the price kept tanking didn't bother me too much, but looking at things now from an investor's perspective, I could have used this bear market to stack up more Bitcoin, but decided to keep hodling through it.

I'm not a trader so I'll refrain from doing that, but one single short open is better than doing nothing.
1804  Economy / Speculation / Re: Speculative Market Analysis on: February 21, 2019, 07:52:55 PM
I do think that institutional investors will play a role in fuelling the next bull market.
They always have. People assume that they are in before the institutions, but that's not the case when it comes to the majority of the people here. The only difference are their allocations.

As more time goes by, and Bitcoin has shown its solidity, institutions and other deep pockets feel more comfortable allocating more of their portfolio to Bitcoin, and this will continue till Bitcoin is a mature enough asset.

I think the main factor for the next bull run is that there are way more fiat entry points right now than was the case back in 2017, and the exchanges themselves have gone through the necessary upgrades as well.
1805  Economy / Speculation / Re: bitcoin price increase on: February 21, 2019, 03:55:06 PM
It was never $20k.... $19666 as far as I know .... Tongue
It all depends on the exchange. Some Asian exchanges touched $23k due to how insane the demand was there. They inflated prices of every coin that they could trade without thinking about tomorrow.

I remember seeing a price difference of $5000 between Stamp and South Korean exchanges. Those who had the connections made a killing exploiting the difference in price.

Regarding OP, it's not that much of a good sign when people ask when the price will reach the previous all time high again. It means they held through the dumps and wait for higher prices to sell....
1806  Economy / Exchanges / Re: Will Coinbase Partner Google In The Future? on: February 21, 2019, 12:06:51 PM
i guess Google will not any partnership do until proper regulations comes in Crypto.
Google can offer their base services to anything that's crypto related as long as their terms don't get violated, and when it comes to Coinbase as most regulated exchange, there is nothing stopping Google from partnering with them.

I have always believed that Google or any other large tech corporation will at some point dominate utility platforms such as Ethereum and EOS and offer a service that's 1000x better and cheaper.

Binance is already in the process of attracting projects to launch on their platform, and it only makes sense that we see Google at some point follow with how much money there is to be made, especially during the next boom.
1807  Bitcoin / Press / Re: [2019-02-20] Google Registers Bitcoin.dev as New Domain TLD Goes Public on: February 21, 2019, 11:31:59 AM
Looks like namecheap.com bought btc.dev for $3,500. Wonder how much the resale value will be?
I'm not sure if it's actually Namecheap itself that bought this domain. It could very well be Namecheap registering that domain on behalf of their client due to their position within the domain space.

If it's Namecheap itself, then you can expect $100k to be somewhat of a top. I have been searching for Bitcoin or btc domains on Namecheap, and so far non has been listed for sale above the $100k mark.

Namecheap knows these Bitcoin domains are worth a ton, and that there might be an entity willing to go balls deep to get it, even if every additional year of registration costs like $1k.
1808  Bitcoin / Press / Re: [2019-02-20] Google Introduces Bitcoin Symbol on iOS Keyboards on: February 21, 2019, 10:52:58 AM
It's a clever way to get more people to switch from the apple keyboard to the google equivalent. Also shows that google is more forward thinking than apple
It seems like that yes, but then again Apple can easily counter by doing the exact same thing and potentially even add more crypto symbols, and then it's Google's turn to make a move.

Overall, this is good news and I'm looking forward to see physical keyboards have a dedicated Bitcoin symbol as well. I'm sure that the loose keyboards and the first laptops doing so will fly off the shelves if that happens.

Bitcoin is a brand on its own, and one that happens to be extremely strong and popular. No surprise that this has been a big thing in the media, even a local news channel covered this.
1809  Economy / Economics / Re: Italy already in recesion on: February 20, 2019, 07:50:02 AM
and if switch to bitcoin that in low price they will recovered their assets soon.
I wish it was that easy. It's impossible to guess what the price will do in the short to mid term, so if you end up converting to Bitcoin at current "low" levels, there is a chance you'll regret it a month or year after.

People assumed they were safe above the $6000 mark because of how that level kept us up for like 10 months. People were said to be losers for selling there, but who's the loser now?

Just because the peak was $20k back in 2017 doesn't mean that everything below $10k is cheap. The fact that we've been hovering below the $4000 mark for two months now indicates that this price isn't low at all.
1810  Economy / Economics / Re: The Perfect Storm of Bitcoin Birth on: February 20, 2019, 07:11:18 AM
The manipulation of easy money against hard money (Bitcoin, gold) doesn't last forever. For how long can they keep pushing the price down? we don't know, but such manipulation doesn't last forever. The demand for Bitcoin isn't going to magically stop, and the amount of Bitcoin is strictly limited. There's enough Bitcoin for everyone, it's just a function of price.
Manipulation is all relative and is something that largely only happens between people's ears. Bitcoin isn't being manipulated down, it's just the speculative nature of this market doing it.

If there was manipulation, then it happens to the up side as well, so if the mad bull run that happened in 2017 was manipulation, we haven't seen anyone complain about that, because people then made money, not lose it.

What I noticed is that while a lot people blindly assume that this market is heavily rigged, no one can actually provide the evidence to back up their claims. Overall, people believe what they want to believe....
1811  Bitcoin / Press / Re: [2019-02-18] Tim Draper Predicts Crypto Will Rule, Only Criminals Will Use Cash on: February 19, 2019, 11:39:47 PM
He's either acting completely delusional or has some other motive for saying things like this.
He just says what most of the get rich quick noobs want to hear, so from that perspective it's a smart move because people really seem to like that statement after all the rehashed Bitcoin is a scam or fraud nonsense.

Repeating the same $250k prediction during the bear market has no longer much effect with how the price keeps tanking. This is quite a desperate attempt to generate publicity, but it works, we're talking about him again.

At least he's actively investing in various startups that are meant to help Bitcoin become more mainstream and less dependent on shitty services that are owned by big blockers only out to work against Bitcoin.
1812  Economy / Speculation / Re: When Will Btcoin Get Back To $20k up ? on: February 19, 2019, 10:04:11 PM
Hence, 2019 should be a year where the price increases a bit and before the 2020 halving we will definitely see another uptick not just because of the halving but because of people assuming it will go up.
Block halvings have proven to be reliable growth factors prior and after the actual event itself. It's almost hard coded into people's minds by now that halvings translate into price increases.

Too bad the numerous scam forks will lift on that free bit of pumping that they inherited from Bitcoin. Given how far ahead Bcash and BSV are in terms of blocks minted, they'll be the first to have their rewards halved.

I however don't see the price go extremely wild based on the halving. It could just as easily double from $4500-$5000 to $10,000 and hover around that important level for months. It's not easy to sustain such price levels.
1813  Economy / Speculation / Re: CRYPTOS TO THE MOON???? on: February 19, 2019, 09:29:14 PM
Cryptos to the moon, but we don't know when the market boom to the peak will happen.
It's more like crypto to the first of the many bus stops....

We too have got the potential to reach the $5000 before the end of the ongoing month.
Nothing is impossible here, but these predictions make me even more uncomfortable with the currently overly bullish sentiment. It's too good for where we are today, and likely only driven by altcoins pumping.

Not saying it's bad that Bitcoin follows, but we're still in a very deep bear market. We're one dump away from people freaking out from where they start speculating about lower lows far below the $3000 mark.
1814  Economy / Exchanges / Re: New exchange seems legit for me, anybody heard about it? on: February 19, 2019, 08:51:13 PM
If you would volunteer to explore deep about the site then you yourself would be able to give a feedback. Just a suggestion if you have extra time.
Why would people do that? BitMEX and Deribit are doing an exceptional job and have a solid reputation. People have no problems sending hundreds of thousands worth of Bitcoin to these exchanges.

All the 'volunteering' you're referring to has already been done when it comes to the aforementioned platforms. Even if people did 'volunteer' as you state, it's not going to do much for most people here or large traders.

I haven't seen one single good new exchange in the last 12-14 months. It's mostly all foreign and unlicensed rubbish. We need more quality exchanges, not more of these rubbish exchanges.
1815  Economy / Exchanges / Re: New Bitcoin Exchange Launches in Nigeria, Africa: Guava Exchange on: February 19, 2019, 08:21:52 PM
Nigeria is one among the country having good number of cryptocurrency users.
Is that so? I mean, there will definitely be some form of demand for crypto in Nigeria, but other than some vague articles and low volume statistics there isn't much that indicates high levels of popularity.

Overall, I like the fact that there are more fiat entry points, and that's what matters here. Back in 2017 fiat couldn't enter quick enough, and it feels good seeing that people have now more options to choose from.

The only question is that we don't know how long it will take for the government there to step in. Nigeria hasn't exactly been all that crypto friendly according to news outlets, so we'll see where it goes from here.

I obviously hope that everything we read about Nigeria and crypto is exaggerated by news outlets to spice up their articles, but if it does turn out to contain a certain degree of factual information, it's going to be tough.
1816  Economy / Economics / Re: How do Cashless Societies Cope with this Plot Twist on: February 18, 2019, 10:56:56 PM
Centralized electronic payment processors such as Visa, Mastercard and co raising their fees is the least of the problems, the big problem would be the loss of financial privacy.
The loss of privacy is only a problem if you cared enough about it before the shift, which doesn't apply to most of the people. If they cared about privacy in general, they wouldn't be so carelessly sharing data on social media.

I even dare to say that people's privacy is already compromised by financial institutions and social media platforms. They know what interests you, what you buy, what you eat, and so forth. What's there to lose for people?

The damage is already done without people knowing, and when they finally do start to care they will realize it's too late already. People will swallow everything that they are subjected to. It has been like that for decades, no reason to expect things to change.
1817  Economy / Economics / Re: Do you think Institutions secretly HODL Bitcoin? on: February 18, 2019, 10:35:34 PM
Yes, I guess we all know that bitcoin is a decentralized coin which we cannot know the people or who are the people behind or buying it.
It's somewhat useful to follow the main chain coin movements and the days most of it is being transferred. By far, most of the value transfers occur from Monday to Friday, which could and likely does indicate professional presence.

The thing here is that people think of institutions as being banks, large corporations, billion dollar hedge funds, pension funds, etc. Institutions can be smaller entities too, and even the crypto funds that got rekt last year are technically institutions.

Security nowadays is more of a thing than ever before, and we see how large entities owning a lot of coins on behalf of their users no longer store their coins in one or two addresses, but hundreds of different ones.

The more addresses you use, the more difficult it is to figure out who the coins belong to. People not that long ago were speculating about an 800k BTC whale, but it turned out to be Coinbase.

People didn't know it was Coinbase till Coinbase itself said so, which shows how important it is that you use many different addresses instead of just a few.
1818  Bitcoin / Press / Re: [2019-02-15] Argentina Settles Export Deal With Paraguay Using Bitcoin on: February 18, 2019, 08:24:08 PM
The trouble is, the wording in the article is a bit non-specific. It could easily have been contractors paying each other, not the actual Paraguay-an/Argentinian governments. What if it was the payments contractors of the service contractors that did this $7000 deal? Or the cross-border payments contractors of the payments contractors of the service contractors?
The thing is that local government departments don't necessarily have to represent the country as a whole, so from there it's very likely that they had an external party settle the transaction on behalf of them.

The fact that the coins have been converted to fiat makes it look even more like that. It would indeed be nice to have these articles contain more specific information, but what can we expect from lazy crypto news outlets?
1819  Bitcoin / Press / Re: [2019-02-15] Argentina Settles Export Deal With Paraguay Using Bitcoin on: February 18, 2019, 07:14:15 PM
It was ostensibly a small (~$7000) deal. It's slightly desperate as a news item, that kind of sum is a mediocre deal even between individuals, let alone larger organisations.
It's a first step, and very likely a step that's meant to test the functionality and reliability of Bitcoin in this case. In other words, I'm actually quite happy with articles like these.

It's hard to think of similar entities to move large amounts of coins this early on, especially when you are subjected to the volatility of this market, and we're currently going through a pretty lengthy bear market.

It shows character to do this. At the end of the day, this is what people like to read about, and it's for once not focused on the price or speculation, but actual use, and that's what matters.
1820  Bitcoin / Press / Re: [2019-02-17] Crypto Miner: The Next Bull Run Could Take Bitcoin Up To $700k on: February 17, 2019, 11:45:09 PM
I guess everyone isn't buying anymore with these predictions that doesn't have any basis but they are all basing because they think it will happen.
With or without these predictions, as long as the price goes down, the majority of the people by default stop with buying, especially after buying into one of the many wrong dips....

It really looks like we're dealing with a market traders only allocate a small percentage of their trading-investment balance to, and it actually makes sense. People are more cautious after how $6000 broke in the most brutal way.

As for the 'insane' price prediction, it's something you don't want to read about now. I want people to speculate about even more blood to come, not that it's a good time to buy or that we're due for a bounce up.
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