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1941  Alternate cryptocurrencies / Altcoin Discussion / Re: 💲💲 Stable Coins?? 💲💲 on: July 31, 2019, 07:34:51 PM
I like to use Tether USDT, it was the first stable coin i find in the market and looks like the one who most people trusts it.

I know that coin has some kind of issues, like the one we see two weeks ago with the mistake, created coins, but it was fixed fast, that's why i trust on the team behind tether.
All I have seen with tether is that mistake they keep making and correcting, they are big enough to avoid those kind of mistake and I am not too sure that tether will be able to survive the issue it is having with government as regards its transparency in priming of coins which is said to be over printing.

I have not followed up on them for a while now, so I don’t even know if the court has eventually ruled a case against them or not, but I doubt of they will ever survive it. The reason why I don’t like tether is because they are kindly of too shady in their dealings with people and I think funds are being stolen by them and before you know it, one day, they will run away with people’s money.  There are so many other reliable stable coins in the market but not tether.
1942  Alternate cryptocurrencies / Altcoin Discussion / Re: 10 Best Privacy Coins In 2019 on: July 31, 2019, 06:50:12 PM
These are new privacy coins, especially SERO and I think that I prefer to still deal with the old and existing ones like MONERO, and I think that when it comes to the king of privacy coins, I would still give it to MONERO, any day and any time. Most of these new coins only promise things that they cannot easily achieve and they come with the promises of having a better technology, meanwhile they have none.

I am tired of listening to any of these newer projects and moreover, there is still nothing wrong with the already existing ones, you cannot use more than one privacy coin at a time, so I just see other ones as just duplication off technology which to me, it is really not a very necessary one at this point that we still have very low adoption rate of crypto in general.
1943  Alternate cryptocurrencies / Altcoin Discussion / Re: observe the market situation and the price of cryptocurrency on: July 31, 2019, 06:20:49 PM
One question that I usually ask most people that do usually ask for regulation is if they are really ready for the regulation right now, because when cryptocurrency is being regulated, there are so many limitations that come with it too, like stability. If you look at the market situation presently, and the way that people are making money through it, you will realize that it is because of its volatility that this becomes possible.

The reason why cryptocurrency Is quite much popular right now is not because of its technology first, but because of the money they make through it, which is why I do ask if people are really ready for the volatility to stop.  Now that the price is below 130 million, this is an opportunity for any investor to make twice of their investment because the market will surely get back to back to that highest cap.
1944  Economy / Trading Discussion / Re: Do you trust in new crypto-trading apps? on: July 31, 2019, 01:17:45 PM
Actually I never had much trust in new trading platforms. Not that I don't like new things but these new platforms and apps appear so fast and many of them are not trustworthy and there are not even ways to check them. This is something I'm very careful with.
This is same way I feel too and this is what has been affecting many investors too. I think most of them are not really sincere with their intention, and I believe that their intention is just to some and make money like every other scam projects without delivering a very quality projects to its users.

I also think that there are still enough trading applications in the market which we may not need new ones for now, because there are no much new users, and before they can ever attract the already existing users to leave their various exchanges to come on their platform, they must have that special features that exchanges like Binance and the rest does not have, otherwise, they will just be wasting their precious time in creating a platform that will not be used.
1945  Economy / Trading Discussion / Re: Traders who never bother to learn how to trade on: July 31, 2019, 08:29:05 AM
The market makes it so easy for anyone to see him/herself as a trader as far they can successfully buy and sell cryptocurrency so they don't bother educating themselves on acquiring the skills necessary to be a successful trader.
This must be a typical scenario of crypto markets and definitely very rare for any other markets. This is becoming possible for any crypto trader to trade at first hand and also booking profits due to "always in uptrend in long-run" nature of crypto currencies. I mean unlike any other markets you can buy and hold to make easy profits with the crypto currencies so traders are least bothering about educating themselves.

unless you really take the time to analyze your trades and see what went wrong, it can be hard to identify and rectify these problems.
Self-assessment must be a biggest part, every trader must look into focus so that they can sustain with their trading. Even crypto trading is profitable we cannot make quick profits at our own desired time-frame. We must give the markets enough time to book profits here and if we need quick profits then we must LEARN FIRST on how to trade effectively.
1946  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bad days for crypto on: July 30, 2019, 07:43:31 PM
Crypto prices for the past days have been so bad, literally no improvements, bitcoin, the leading coin has only been moving with the same 9,500-10,300$ axis, although it was projected that the price rise to 20,000$ by the end of the year, is this still achievable?
This is common with us all, we want the price to just keep rising, and when we see a little delay, we all feel agitated, nothing to really worry about, if the price continue to rise without any form of stability like this, the market will crash in time and the bears will take over again prematurely which we all would not want. There is still so much of rooms for further development and I think we just used one month from the remaining half of the month.

I believe that there is still very grate increases that lies ahead of us for the remaining part of the year, most especially the last quarter of the year, let’s just take this quarter like it is doing the necessary corrections to give room for very high surge that will make us to be able to achieve that price value by the end of the year.
1947  Economy / Economics / Re: FED Chairmain compares Bitcoin to Gold on: July 30, 2019, 06:01:57 PM
The greatest news is that recently it turned out some other big politician (I totally forgot but he was someone like head of SEC or something) was talking about how he likes bitcoin over libra, they were questioning libra and what it will do and how it will do it there and libra people were defending themselves, dude just plainly said he would prefer bitcoin over libra.

Now, you may think thats normal because you are an educated young person compared to these people but the guy I am talking about is probably like 50+ years old at least and is a politician not a finance guru, hence bitcoin being better than libra reached all the way to older people as well which is why it worth a lot to us.

I mean we knew it but if the world knows it and Libra becomes huge nevertheless that means bitcoin will be even bigger.
I guess you are talking about congress man sharam I think who likened the established of bitcoin as being dangerous more than the 9/11 lol. I am seeing so much hatred for this coin that has not been released, and I guess this is why Facebook decided to postpone the lunching of the coin to next year to really see the reaction of people about it and see if it will be a welcome development.

As it is, they can see that they are not welcomes, and I am glad they are beginning to see that bitcoin was never a threat to them, but the biggest threat to them is that of Libra coin which they have to quickly stop before it unleashes financial terror on the economy of different world. The only advantage I can see of Facebook involvement in crypto is just that of the publicity it will create for bitcoin.
1948  Economy / Economics / Re: Things I learned through the years of Buying and Trading Bitcoin on: July 30, 2019, 05:30:04 PM
What I learnt that if you are patient enough then you can actually make a profit no matter what. I was not patient during 2017 and sold bunch of bitcoins during summer from 1-3 thousand dollar levels and I was quite sad when I saw the price went as much as 20k. Then when I was making money during the bear run of 2018 I did the same mistake and when I saw the price going down I was spending money because I had to and I knew that it would eventually go up and now we are at over 10k these days so I have lost a lot of money there too.

None of these was actually losses that I bought high and sold low, these were all that I profited but could have profited more. So the thing I learnt was never doubting the price of bitcoin, it could go months without going up and it would still end up x2-x3 higher after months or even years.
Impatience is really a killer of trade and if you look at what usually lead to FOMO, it is impatience, and even recently, it was still part of my impatience that made me make a trade entry at the wrong time, when bitcoin was heading towards $13,800.

I already knew that it usually comes with a corresponding correction, but at that point, I thought it was heading for $15k already, and if I was still patient a little, I would have actually escape investing around that figure, and look at me now, my coin is still stuck in that value, because I would lose if I sell now since there is possibility of us touching the value again, but I have already missed the number of turnout I would have done between that period and now. Patience is really key to success.
1949  Economy / Trading Discussion / Re: TELL US WHAT NEWS MAKE YOU BUY COIN immediately AND WHAT IS YOUR SOURS OF NEWS on: July 30, 2019, 05:07:57 PM
First, you might change the words "SOURS" in your title to "SOURCE".

Anyway, benefit is the main reason why I'm buying a coin and holding it for mid to long run. Aside from profits which is already there, how can the coin help other people world wide is main reason. Another is the community. Are the team active? Does the coin have a large community to support the project?? If the community is active with the team and they are continuously developing then there is a chance that the coin will boom in the future.
Certainly everyone we have around here in the cryptocurrency market do buy coins for profit purpose, we are still yet to fully have people use cryptocurrency for utility purpose alone except some few merchants that are beginning to accept bitcoin as means of payment for their goods and services, and since I am using it for investment purpose for now, the exchange it is being listed on first would determine if I would invest in the coin or not, because I believe that any genuine project that has some respect for quality things would first consider exchanges that are reliable and does not store up much of shit coins like some low quality exchanges where every coin you find there are scam coin and pump and dump coin, that is why I strictly go on Binance to pick any coin I want to invest in.
1950  Economy / Trading Discussion / Re: OKEX vs Bitmex on: July 30, 2019, 03:55:54 PM
I havent tried OKEX honestly so i cant make a comparison based on experience but i already used up Bitmex. Here i do found some good article between these two;
https://coinidol.com/okex-vs-bitmex-comparing-largest-crypto-derivatives-exchanges/

Im not affiliated by CI but i do love the comparison among the two.

Both exchanges are top exchanges and each exchange has its own advantages so it is not necessary to choose which exchange to participate in as both have very good liquidity. I personally use Bitmex and Okex because it's much better than other exchanges. If trading I will choose Okex because there are so many altcoin for me to make a profit, and Bitmex I will join the margin because I can earn double profit in a short time
Most of these exchange run in virtually the same way and I think if one is to judge which one is better is either fee or their customer care response to their users, most platform they have for trading are same, and you also trade the same way, that is why it is easy for anyone to easily migrate from one exchange to another and use the platform interface easily, it is just like an android phone, no matter the name of the phone, provided they run on android, they still have similar features in terms of software’s, which is why it becomes easy for anyone to quickly switch phones, so there is absolutely no point having to compare exchanges that are good. The only thing we can do from time to time is to make list for people that will contain total numbers of genuine exchanges, and the fake ones.
1951  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Are airdrops safe? on: July 30, 2019, 06:43:43 AM
The way they usually work is they give you some string and you sign it to prove you own the address.

Could a malicious air drop make a transaction sending all your BTC to them, and then you sign it, and then they broadcast it to the network?
Or is signing a message different than signing a transaction?
Airdrop in quote is safe If it is to be used in the right way, just like ICO too is also safe, but the problem is with the scammers that has hijacked this system, prior to when this industry got filled with scammers, airdrop also use to give so much money when you participate in it and it is quite less stressful and short to participate in like ICO, but right now, you have to be extremely careful about the type of airdrop that you look into.

There are so many scammers that are using airdrop nowadays to just collect your information, so that they can have access to token details that you have supplied to them through their airdrop. There was one that I participated in recently, just barely two weeks of it, I have started seeing lot of attempt to illegally crack into my cryptocurrency mail.
1952  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't doubt the power of Staking coins on: July 30, 2019, 06:17:32 AM
I never knew that staking has become this flexible, because I usually run for staking when I see one because the amount of money that is usually being demanding to stake is quite a lot at the initial stage, and the time to start making profit too longer which made, i prefer to just trade my coin or just hold it till I see bull run add more profit to it, but with this one you have explained here, it really looks too good to be true and quite interesting.

I just hope it is not another way of scamming people. Anyway, I will still try as much as possible to look into the project and really be sure that it is a project that can be trusted and the team are genuine, because I think I am interested, the profit is quite ok for such low amount of token required to stake. This can be afforded by many people.
1953  Economy / Speculation / Re: Bitcoin Is Likely to Hit $100,000 by End of 2021 Says Anthony Pompliano on: July 27, 2019, 09:00:27 PM
I think this will not be like a short hype bull run followed by a stagnant period and another short hype bull run. I think this will be more like a big huge bull run all by itself. Its kinda like how some people say world war 1 and world war 2 was different wars but some people say they were the same war because the second one started because of the first one. With the same logic I would say this bitcoin bull run happened and now it looks like instead of going from 3k to 12k type of moves we have been going between 10-13 levels for a while now so when it goes up again people will say its another bull run but I believe that the next one (even if it reaches 100k) will not be a new one but the one that started and caused it early on from the 3k levels to this.
1954  Economy / Speculation / Re: I thought btc would go down 5% today.... on: July 27, 2019, 08:21:32 PM
Today's market looks like more than correction now, I was feeling like it was just a correction and the price would go back up soon but right now it looks like we are doomed once again. I know I should not be pessimistic about bitcoin since its quite a volatile coin and it could do whatever it wants but right now everything points out to bitcoin going as far as it can and than going down right now.

We have broken the prices we have previously not seen for over a year but now we just have to accept the fact that enough money was poured into bitcoin to make it what it is and now its not getting any more new money coming in. If we can manage to convince big banks and what not to invest once again than we can have a change of pace and go up again but unless we find some whales quickly it looks like it will go down even more.
1955  Economy / Marketplace / Re: Starbucks, Facebook Microsoft Amazon and many many more began to adopt crypto on: July 27, 2019, 07:09:03 PM
This is what I call blockchain adoption as many different sectors of society started to use blockchain to improve their products, technologies, work environments and services. One of exciting development is the use of blockchain in electoral process, let see if this blockchain integration can improve the voting system and eliminate fraud or cheating. The use of blockchain by some well known online shops and social media sites mean another cryptocurrency or token will created.
Adopting Blockchain technology doesn’t mean that they are adopting crypto as well. Some of them are just adopting the Blockchain technology and it’s all for the purpose of them generating more income for their business and nothing more.

Because when they create a Blockchain, companies that makes use of cryptocurrency will then be paying them to be making use of their Blockchain technology and that’s how it works. Even if they do create their own cryptocurrency, it’s all for the purpose of attracting investors who are interested in cryptocurrency to invest in their crypto, which will also help them grow their business, unless maybe it’s a stable coin.

But, there will always be a way for benefit from it, cause no companies takes part in something that doesn’t benefit them.
1956  Economy / Speculation / Re: Bitcoin can go to 42000$??? on: July 27, 2019, 06:32:36 PM
the adoption rate versus selling needs to be increased for the prices to grow up and which is happening for bitcoin since it was in the market
Real world adoption is happening but not like how internet or mobile phone technologies were successful in more quicker time. It is not easy to convince all types of people to adopt an ALL NEW MONEY. But, we can believe adoption rate too may grow in exponential as common people are tend to listen to their near and dears. By considering these all, one million dollar levels too will be possible in more quick time than we could estimate.

do you think bitcoin can reach 42000$
Definitely it will reach but the question of time-frame is the mystery. This is the reason almost all positive predictions about bitcoin will be successful but time based ones may not.
1957  Economy / Speculation / Re: Think of Bitcoin Financially on: July 27, 2019, 05:55:24 PM
I think it is quite possible to sustain as long as there is money coming into bitcoin however the reality is that "unregulated" brings in another opponent with decentralization. Its not regulated but it also doesn't have to be, it has decentralized system which makes it require no trust at all.

So, when banks can leverage the hell out of their positions with no money at all and get 100 dollars from you while give 1000 dollar loans based on that, bitcoin requires straight up money to buy and can't buy with anything else.

However, you are forgetting that money doesn't have to be going into bitcoin to get to 19k, you can literally have sellers denying to give up that much and you can have people buying bitcoin as much as the miners easily since its already x100 times that size so in the end you will just have some people buying bitcoin from miners and the price would be skyrocketing. All we need is stop sellers from selling.
1958  Alternate cryptocurrencies / Speculation (Altcoins) / Re: LTC halving , what to expect? on: July 27, 2019, 05:22:36 PM
The success of these coins is not tied to all these conditions that we think they rely on. I remember some months back when many people were really hoping for this LTC halving to start affecting the price positively at least 2 months before the halving, but look at few days to the halving, it seems that LTC is even dropping more, which means that the halving may have no impact.

Rather than looking for all these artificial boost, we need to push the team of LTC to really make their technology a working product, they need more strategies that goes beyond the one they are currently applying in now, it is only when they keep coming up with different strategies that their products can continue to be recognized and used by the end users, only the end users can push the value of the coin to its peak.
1959  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Its time for altcoins as well on: July 27, 2019, 04:33:00 PM
Just wait till 4th quarter of the year starts cause every coin will be in a bullish mode. Altcoins will recover and its time to buy now while somehow cheap.
I have the feeling that bitcoin might consolidate around September based on some analysis that I have made technically and fundamentally, and the result of bitcoin going on consolidation trip is that it will boost the altcoins, and many of the altcoins we have invested in will gradually start increasing in price till they also make any new All-time high record.

I think the fourth quarter will really be another great one, and I will call it is a quarter for the altcoins, and I guess that is where we may rest our case for the year till the next year when bitcoin will continue fully on this bull journey that we have all tested. The 4th quarter is almost here and I think that we need to really encourage those who haven’t made much investment to start looking into making one so that they will not be left out in the bull run jubilation.
1960  Alternate cryptocurrencies / Altcoin Discussion / Re: Has the purposed of kyc been diverted? on: July 27, 2019, 04:10:37 PM
Day in day out there are new projects requiring kyc from investors
Exchanges requiring kyc, for some in order to maximize your ability to withraw large sums of cryptocurrencies and some even before you can trade on the exchange
The bigger question is how safe are our kyc documents?
The fear with kyc as been that the company may sell the information provided for them, but I think the safety of your document depend on the company you are dealing with, in as much as the scammers has already corrupted the cryptocurrency industry and making it look unsafe, we still have so many countries that operates with integrity and would protect your document with everything within their power from being exposed to those that will misuse it.

We have already found ourselves in a situation where we cannot really do without this KYC, all that we just need to do is make sure that we also protect our data from our end, we only give out information that we feel will not be used against us in future, and also ensure that the company we hand over our information to are genuine and ones that will use it in a legal way only.
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