Well my plan is to do what I do everyday in crypto holding,buying and selling it depends in the situation but I much love to make a good profit. Hopefully in a next bear-bull cycle we see a less volatile in the market and much more people will be wise for their holdings.
i love volatility thats how i get easy money dong margin trading putong long or short positions, but the downside of it is that its not healthy for the market though, and we are seeing it now this past few weeks the price of bitcoin going sideways until the etf will be decided then. there a lot of incertainty right now. |
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Do you think this is a ground for banning bitcoin in the Philippines? Will bitcoin regulation save those potential investors not to be scammed? Share me your thoughts!
i dont think so, i see no probable cause at all, just like any technology or a booming industry theres always a good guys and a bad guys around, you just have to do yoir due diligence to not to be a victim, just like any othet currency or fiat money theres always scammers will scam you. |
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so i have a few things running ( games guessing price ATH's and BOTTOMS) beeing rewarded for the closest ONE to it. RULES , closest price guess to the highest price we will reach, from the release of this TOPIC till 11 december 23.59 CET will be winning 0.115 BTC.so here i wanna see how BULLISH some be thinking about this BAKKT event  or how whatever a few others are thinking. SMALL THING, TO PARTICIPATE , ONLY WHEN MINIMUM OF 10 MERIT WILL BE ADDED TO THE LIST, previous games to many NEWBIE accounts suddenly popped up so start thinking and shooting year price thoughts, i close PRICE ADDING MONDAY 29th OCTOBRE @ 12 CETNo prices behind the comma BITSTAMP price possible $11,000 usd, together with etf approval i think $11k is achievalble, i mean the price of btc can pump 2x or 3x in just less than a day so 11k would be my wild guess  |
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bank are intermediares or third trusted party to hold your money and decides what, when, how much you send or spend your own money because they are heavily regulated, blockchain on the other hand eliminates third parties or intermidiares or middle man like banks, you have full control on your money and your blockchain or bitcoin account itself i your bank.
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Is the world really waiting for a global decentralized money?
nope. most people don't care about decentralized money because the systemic risks of counterparty risk in finance haven't affected them. if depositor bail-ins start becoming more commonplace, or if there is a serious economic collapse from fractional reserve and rehypothecation practices by banks, i would expect that to change. people tend not to understand risks until it's too late and the damage is already done.  of course yes! regardless of the people care or not, the world economy is crashing, were in a bubble economy that is about to pop, check the interview of peter schiff on rt america in youtube, and other video interviews of financial experts they all say one thing " get out the dollar" if you check now the stockmarket,the dow, etc. they are starting to fall... |
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might be the compensation for registrants before mt gox sacandal happened, i dont know, as the case on the court is still on going and there rumors that those who owned an acxount before will be compensated or have their money returned.
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Don't worry it will never go down below $6000 because that's the current bottom price , wherein perhaps it will decrease but it will bouncing back for sure , as of now the price still on $6400 valued and probably it will stay stagnant again until year end IMO..
and now it way down 6300+ and going to 6.2k, the 5.9k is very possible since we are on a decending triangle for a long time now, though i still believed in an upward trend less likely, really the deciding factor of this price is the fundamentals and the current events to breakout from this long consolidation phase |
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What is the big issue with BAKKT? Since those big players that want to buy already owns bitcoin.
i thonk yes its a big deal, because it allows traditional investors and ordinary people to invest into cryypto since it is heavily regulated by the sec, and it will create a chain effect that other financial institution might follow bakkt footstep and establish thier own cryptofinacial firm in the future. |
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I believe it is!
What do you do to relief trading stress? Do you have any alternatives?
As for me I stopped trading for 3 months and play blockchain games. Now I feel myself better!
yup trading really is stressfull as i am a trader too, you have to find ways to destress yoursellf, as for me i stopped daytrading and shifted to swing trading and i fell good about it, i profited more and im more relaxed than before, |
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I used an ATM in Manchester when I visited last June and I was awe. The only downside was the fees for transactions. The fees in addition to the price quote was quite higher above the market rate.
true, its because thats how they earn money in exxhange for peoples convinience in accessing exchange to cash right away, i think their rates of exchange in way higher than the market, like thier buying price is a lot cheaper and thier selling price of you bought it right in the atm is bit higher, but its convinient though. |
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this is one indication of mass adoption for cryptocurrencies, i liked it how the philippine government was open for new technologies like this and welcomes new investors despite the risk, i just hope theyd be able to produce bitcoin ATMs in major cities acrross the islands, that way the masses will become curious ang oriented.
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Both are future investments, both also have advantages. But for now investing in bitcoin beforehand, and if it is more than enough then switching to real estate, this will bring both luck. If you think smart, you will definitely not miss these two investments.
real estates os not the future of investments as it is on the verge of collapse, checkout the reports on youtube and interviews on top 10 financial experts around the world they say the same thing that real estate is so expensive, its a bubble and its gonna pop soon, look what happened to australia real estate industry, theyre on crises. |
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everyone do not confuse yourself, no mattet how many alternative coins out there it nothing with bitcoin, you just cant compare bitcoin to them its the king of all coin, yes there can be one coin that is better than btc but still the trust that people on it cant be shattered. it more like an asset that everyone wants to hold because of scarcity
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if it happens to be that banks and governments accept cryptocurrencies then many will become billionaire because of huge distribution of wealth, many will be happier, but its not gonna happen i think, they are the predators of the financial system so whatever they should they will only make huge profit and not distributing wealth.
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there might be a gradual rise bit not that significant as a catalyst for massive bull run base on TA, if we look at the bigger picture were still in consolidation phase, as its not yet break the resistant level, how ever this is an indication of nearing uptrend, my one cent
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i think the ideal fee would be 10 cents or lower, that way small merchats or even big stores will be encourage to use bitcoin as another form of oayments specially micropayments and microtransactions,,but this could only be possible through lightning network..
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What do you think guys, will bitcoin get to 10k if Bakkt gets approved or perhaps other etfs?
I believe november 5 is the deadline for etf approval, so perhaps until this date we can see a bitcoin price spike to like 7-8k range? What do you think
if etf be approve it will be bullish, but bakkt alone is not a guarantee why, because for me bakkt is no different with CBOE they will just flood the market with short traders, the real deal is etf cause it really attracts real investors in the market |
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I'm glad to know your opinions about that...
Try to image 10 years from now...It will be comparable with 2009 "early adopters"?
yes we are, only few people in the world knows cryptocurrencies and blockchain i mean some know it by tje name only but they dont understand it they just heard it like if i ask my friends about it they dont know anything on it, only on or 2 % of thw world population understand it, so its a long way to go,. for us |
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yup its a strategy to deflate the price, since the price is dictated by the law of demand and supply so the more supply the lower the price the lower the supply the higher the price, and ive seen some startups doing this to increase market penetration, i see nothing wrong about though.
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Many people expect there will be another bull run in the more or less near future. But who, whose money, what will be the fuel for next bull run? New investors? Smart money? Why? Do elaborate, I am very curious to know your thoughts.
last we year we reach an all time high of almost $20000 usd without goldmansachs, yale, mit, harvard and many more, so i think there are the additional catalyst from the last all time high and its just a matter of time to ripen, i think the coming bull run will exceed our expectation. |
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