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201  Bitcoin / Bitcoin Discussion / Re: Shower thought. Why is Bitcoin hard to define? on: April 12, 2019, 08:57:53 AM
A non-Bitcoiner friend asked me, "What is Bitcoin?", I was unable to answer directly as my mind was racing to find an answer. My first instinct was to tell him that it was a "peer to peer digital ecash for the internet", but should something global, trustless, provably scarce, independent, open, and censorship-resistant be described as something so shallow?

Bitcoin is much more, but it's very hard to find the words to describe it.

Lack of education is making it harder to define mate, and if a person got an adequate idea from bitcoin on how it changes lives from scratch to wealth; I guess describing it would be easy. When there's a friend that would like to ask me about what's with bitcoin, then I simply can tell him/her to just try to view my facebook posts and take a review last two years ago.
Definitely after that, they'll do me some private messages saying how did you do that? The answer behind it was because of bitcoin. Money can define how bitcoin is, and it was just like a kind of number can be appreciated through internet. Without the power of Internet connection, we can't make money through bitcoin and everything goes smooth because of it. Bitcoin brought me up from proverty towards having property as well, and changes the way of life I had.
202  Economy / Trading Discussion / Re: Bitcoin Trading Cycles on: April 11, 2019, 10:50:43 PM
I have been in forex before coming into cryptocurrencies market and as a trading analyst I have find out that bitcoin follow some trading cycles and some whales invest based on some patterns and candlesticks formation.  For those that has been in this market before 2017 when bitcoin become popular because of the bull run will agree with me that it has been up and down in price movement.  Last year bitcoin was facing a downward cycles but this year it is in the bullish cycle though at the beginning of that.  The paravolical sar is around showing bullish cycles.
The movements of bitcoin cannot be that much different from the movements of any other market, the main difference is just the magnitude of those movements, while in the stock market a movement of a few percentage points in a single day is significant that is nothing in this market but besides that you can use technical analysis in the same way to try to predict the movements of bitcoin in the future and you should have an accuracy close to the one that you could have in the stock market.
Looking back the days we had more green cycles of trading bitcoin, it was so amazing to think that people got fascinated with fast rising price. Having accurate analysis cannot be done because for long time bitcoin still cannot be measured with any predictions, although it boosted confidence but not a good factor to rely on. Always refer for the actual market movement, and avoid getting some signs from any articles of trader groups due to most of them were paid by some manipulators. Always have independent decisions, just read some opinions but don't embrace it seriously.
203  Economy / Trading Discussion / Re: Are You Done Buying Cryptocoins? I AM. on: April 11, 2019, 10:29:05 PM

1. Done buying crypto and just waiting for your ship to come in.
2. Buying forever with no intent to ever sell.
3. Still not purchased enough coins for your ship to come in.
4. Crypto Day Trader buy and sell everyday for small gains
added
5. Buying when extra money around, spending coins when finding stuff to buy via BTC and getting a better price, having a stash that I won't sell till I really feel the need to get out and one that I might sell earlier to cover some big buy (change of house, new car, etc etc).
6. Long Trader: Continuously buying while the prices are calm and just waiting to sell high.

I'm on no. 4. Crypto Day tader buy and sell everyday for small gains. I have invested some money to buy a certain coin mostly Bitcoin and top alts and then I do just trade em to make my balance grown and
then I do save 50% of profits for long term holds and the rest still do trade for more compounding. Rinse and Repeat.

For now it's so difficult to gain daily profit while the market doesn't have good pumping trends few months ago. Many of us expected more growth on their assets but unfortunately, it's very frustrating after many of the traders who can't wait tend to sell early. That's why volatile market seemed to act negatively, and I think it kepts us from reaching the higher price so market remain stable at $5k. Buying more crypto coins in order to have more holdings can be a wise choice while more cheaper coins is available.
204  Economy / Economics / Re: Next Reason For BTC Price To Goes Up on: April 11, 2019, 02:48:04 AM
I wonder if that mystery whale who made those large orders that some point out is the reason for the spike is privy to policies being cooked up in the White House. It's like someone really want it to go bullish again and willing to initiate it.

OK, I'll remove my tinfoil hat now.  Grin If this QE would make people more optimistic in putting money in non-traditional investments then good. Most of us here are poised to surf the wave anyway.



For this time of seeking a good reason for the price to go upward trend, I guess many good factors had been mentioned here. More coming demands is one of the best factors in order to achieve a possible price growth as well. Furthermore, if there's another best thing to make that faster I think ETF approval is next one to help the price quickly arise as soon as possible. Many people thought that this would contribute to Bitcoin's development, and when this turned out successful we will be able to reach another price pumps towards higher value.
205  Economy / Speculation / Re: Does any body know what happened to today's price? on: April 11, 2019, 02:19:58 AM
As price is nit stable for crypto currency, it can be change with time. Up or down the rules of it. But in this moment, it is a big change for us to buy more and more if we want to make more profit.

The change is coming at any random state, cast out all expectations for further updates coming in hopefully. Recently we've been experiencing price surges with small fluctuations, but isn't a good signs to hit a bull run. Don't expect much better than that, and yet possible surprise can't justify the means. However more unpredictable times will ponder as we look forward for another successful price rally.
206  Economy / Speculation / Re: What next? What do You think about? on: April 10, 2019, 10:54:19 PM
The most important thing is that the price start grow and this can also bring more people to start invest on crypto and in this way to have a stable grow over long time, maybe in some weeks we can reach a higher price.

Thinking on some weeks still an unpredicatable expectations knowing that the market struggles isn't over yet. Long patience is needed for us to remain steady and calm despite of the ongoing price fluctuations so far. Don't be intimidated on some issues concerning bitcoin price, some groups were still funding fake news and will influence negative perceptions that's coming behind our crypto community.
207  Economy / Trading Discussion / Re: 95% fake volume :) on: April 10, 2019, 10:18:54 PM
this might be a legalized way to increase trading volume.
can this be reported and is a crime?

I don't really believe in exchanges, although some people continue to convince me that exchange is the best place to save assets.
Whoever that said that to you doesn't know what he's talking about or he's lying to you, the purpose of an exchange is in its name, it cannot be more obvious than that, an exchange is a place where you convert your coins to other coins, saving your coins in the wallet of an exchange is a huge mistake because hackers are always trying to hack them and as we know they have been successful a number of times in the past and there is no reason to believe that this is going to stop.
I don't have a confidence yet to trust storing funds on trading sites, unless there's a great market that will become great again. The experience of putting my asset to danger 5 months ago cannot be explained, since likely I was having crucial days knowing that after withdrawing my funds from hacking incident occured few days after. In that case, trading volume was almost the concerns of every holders but first and foremost we need to consider those serious factors behind it.
208  Economy / Trading Discussion / Re: Gaining quick profits or keep holding? on: April 10, 2019, 09:33:31 PM
The market now gradually increasing and seems like good idea to gain quick profits in my opinion.  What's your view guys?  Is there a tends that it will constantly to rise  after day or two or it will stop increasing again? And kindly suggest which is better way now  "gaining quick profits or keep holding until the bottom of this pump?" )'cause im very confused now which is good strategy and i don't know what to do.

I hope you didn't short the market 6 weeks ago, you would have lost all this gain we have got since your topic started. Personally, I would never short bitcoins, I lost a lot of money that way in 2018, but I think I will get that money back here in 2019 or 2020
You can short bitcoin, why not? but the problem is that you should know when to short and make profit, otherwise it will just be futile so it's better to hodl. We have been making gains in the last 2 months or so I advise everyone to just sit back and relax and just watch the market grows in the next month. Again, if you don't know how to day trade, don't short bitcoin, high risk move.
Making profit is hard when you do short trading, but it's an assurance of you need to do some longer-termed trade when you learned how to control it. Having more patience is our formula in order to achieve the goals we had. Expecting more gaining power as quick profit expectations, isn't good enough because some instances might put you unto failure in the long run.
209  Economy / Speculation / Re: Get ready for lots of negative articles on bitcoin on: April 09, 2019, 10:50:43 PM
There’s already plenty of negative news towards BTC already and lots of traders are calling for a major pullback as RSI is currently overbought and has been for some days, but RSI was also incredibly oversold when we plummeted from $6K. FUD will always exist when we’re going up or down, it’s just a part of crypto now. We’ll likely see some if we fall from the $5000s for BTC. Just filter it out and do things as you normally do.
OP doesnt know much about bitcoin history, we already had so many negative articles in the past, but bitcoin is still alive and well, making progress every day. I read the news too, some of the articles pointing out that bitcoin is overbought, on other side you have some very bald predictions about bitcoin price in next two years, I dont believe in any of them too much, I learned long time ago to not pay attention on news too much, everyone should learn that, to have some filter for news how you call it.

Main stream media have many conspiracy behind how those negative articles were made to try to put Bitcoin down. Sadly most of the biggest holders affected and became worried on their assets to fail, that's why we seem to experience the worst market from past to current market situation. If lots of negative articles on bitcoin started to initiate, despite of the recovery process I think that's the biggest challenge for those who didn't learn so well with the system of crypto.
210  Economy / Speculation / Re: Bitcoin $10k Before June, Possible? on: April 09, 2019, 10:14:33 PM
Don't forget, anything is possible in crypto. We can speculate anything but must prepare for anything that can happen in crypto. Maybe in next month there are big news if bitcoin that can make huge increased of price. Who knows.

I do believe that crypto has no limitations, so indeed as you said mate there no impossible with crypto right now. Somehow, despite of the possibilities the unpredictability remained for so long time. Just like the long bearish trend of the market since 2018 until now, no one expected it that it will become contagious until present. Although there's more commendable news coming, but it won't guaranteed more positive results unless market has good outcome after the improvements being implemented like the bitcoin ETF approval.
211  Economy / Gambling discussion / Re: Have you been able to resist? on: April 09, 2019, 08:15:21 AM
Quote
Would be interested to hear how people can control this.

Trying to act as a mature and responsible person that keeps betting as a healthy form of entertainment.



It is very important for people to take gambling as a source of entertainment and for fun rather than people who want to just make money from it and in the end majority of those people lose their entire money in this process.

That's how realistic people think, gambling is for fun as that is the only way to minimize the risk.
If we are new in gambling, we might make a wrong judgment as we think it's easy to win and that we can make it as a source of income
but later on we will realize that it was not easy as we are expecting it to be, so it's alright to make mistake as long as you learn.

Once you've learned from your mistakes like losing from gambling without control at first. However, resisting from another possible betting isn't easy to do when you're going to expect more winning times. But eventually if you can't control that desires, sadly you'll tend to become addicted with gambling bets due to habitual gambling  bets. You can move on if you could learn to control or minimize certain activity, it can be an occasional bets or just for fun purposes.
212  Economy / Speculation / Re: Whales are back ? on: April 08, 2019, 10:43:28 PM
Volume has been increasing since last week..is thia sign of whales entered into the market?
I think whales not go to anywhere and see market everytime. About volume that increased maybe they already take action and want to manipulate price of crypto. But that's all only opinion if whales really control market.

Indeed mate, whales has an unpredicatable plans for the market right so the small fish like us was just waiting for the right time when they'll commence on their funds to move in. Let's prepare for that perfect time to come, and be calm while waiting. Don't let your fears overpower you and hamper that strong decisions of holding your asset, and even if whales have control on the market I guess that's long enough to gain a very sustainable price soon.
213  Economy / Gambling discussion / Re: Promoting Gambling on: April 08, 2019, 10:07:59 PM
snip
It’s interesting that you can list out all good sides of gambling for all those who criticize it to know. The only challenge I see with gambling is with those who do it excessively. The game is meant to be entertaining, make money, make new friend, and just have fun. Gambling game started even before money was invented.

Our fathers/forefathers played it in the traditional way and there was no record then of them playing excessively, it was all for fun and loses has always been a part of the game but back then people don’t gamble with their savings, or sell properties or even borrow. They only play with what they can afford and no stress when they loose but I think greed has taken over the gambling industry and many who now see it as a source of income.
Betting was in practice for centuries but the intention is also something similar to make benefits just like making money in modern day casino but all this in the hnads of people who are gambling if they don't like to do means they can restrict them or it is their own destiny of choosing gambling.
For sure it is the persons own choice either if he gamble or not, those who are lovers of gambling actually working for better promotion of gambling, betting in different games makes people earn good money which is keeping them stickled with their gambling strategies, so in my family some of my cousins including me use to gamble and we use to earn profit.

Actually there have been a lot of accounts of gambling being the reason for people's financial demise even back in the days. People losing businesses, properties, even slaves due to gambling losses. Greed has always been a part of human nature and gambling is one of the top causes of people succumbing to greed. That's why it always had the negative image portrayed to many people.


That cannot be denied many people been drowned to financial struggles, due to gambling addiction. All those reasons linked to financial trouble caused by gambling wasn't able to intercepted by a person who performed the game. Most of them let gambling controlled them, without any idea that in the future it will be their worst nightmare.
I think nobody will promote gambling, when their experiences was bad but maybe for those first timers who unexpectedly won for random winnings will try to gather companionship from new gamblers. But, It's not guaranteed to be constant in the long run due to big risk involved which is money.
214  Economy / Gambling discussion / Re: Does gambling sites needs to be a mobile friendly or not? on: April 08, 2019, 08:34:42 AM
Depends on target audience. I know for sure,,, if you are a slot casino or even poker, check out all your users and they are 100% mobile and tablet users. Very few of these play on the desktops. But for dice for example,,, we all use desktop. Even if we use mobile it is just for being on travels. I use a lot of automatic betting and sometimes with bots. Mobile is too risky for that in my perception.

I think it's a big plus though for gambling sites to have a mobile interface. And i know a lot of sites who already apply this for the convenience of their customers. A lot of would to be able to go to their accounts and gamble in the go and doing that on a small browser would be a little inconvenient.

Mobile interface in a gambling site is very important to all who played using their gadgets. This should be improved so that every site user will avoid any hassle in accessing a gambling site freely, because it there's a problem with using their service that would be a big problem during gameplay. Modern gambling was now high technology based, so every developer should be able to consider each and every user's benefit in fulfilling their desires in betting using online gambling.
215  Economy / Speculation / Re: The good thing about having a bad market condition! on: April 07, 2019, 11:50:19 PM
The bear market is not bad because if we can use the moment to buy bitcoin or other coins at a very low price, we will be so lucky to see the price will start to increase later.
Bear market for me is a blessing. Since in history of bitcoin, bitcoin is always the bubble. It exploded many times. And for the bear, it is just a reminder for us that bitcoin is still alive. HISTORY REPEATS  ITSELF. Bitcoin is a great history for all of us. It is currently 10 years old and underwent so many downfalls. Bear market is not that bad. It's the accumulation process for us just to get back on track.

Bitcoin opportunities isn't a greedy matter with regards to investments, because there's always a chance for everybody that's why bearish market kepts creating market downfalls. Fluctuating price always fall on cheaper value in order to fix some of those so called bubbling price. Yes, we all seen an old story that always seems to happen again and again because of bitcoin's volatile character as currency. Generally during bad market conditions, bigger chances will become more interesting as part of the growing numbers of holders, who've patiently waited for a perfect time on price to achieve another successive increasing trend.
216  Economy / Speculation / Re: And back down to 4k :) on: April 07, 2019, 09:45:27 PM
People pray for bitcoin's price to go up more than they pray to god  Shocked
Well, any prayer they made for something that will benefit them is still made to their creator and I am sure many of us are praying for it and not to it. Anything is possible with GOD; he might decide to make an investor pump in $20 billion at once lol.

But, come to think of it, it actually requires prayer because it’s an investment and some investments are very huge in capital and we could only but pray for our investment not to go down the drain and I think this prayer already got answered from the beginning of this month, when BTC price stared shooting so high and I believe that this will continue in the main time.

Prayer is a good motivations for achieving goals and that's a guidance while some investors felt discourage when price fluctuates badly. But for the on going price recovery, we always tend to experience price surges which intimately dropped down with slight value going down for 4k. Eventually it goes back towards pumping scenario and then attracts good signs in achieving great price again.
217  Economy / Gambling discussion / Re: Gambler = Future's Failure on: April 06, 2019, 11:42:33 PM
The intelligence of Gambler will play an important role in this situation because the limitation was known by the investor then he will be successful at the end otherwise he will not get the success till he he knows his the proper investment limitation on gambling.
of course the most important thing for you not to bankrupt is to limit your gambling game, gambling is tricky, you can just get out of control, but the amount limitation can save you. gambling is not future failure if you know how to manage it..
Every gambler should know, otherwise they will lose more and gambling instead of bringing fun, it will bring misery in their life.
In general, gambling is risky, therefore every gambler has to understand the risk in order to manage it properly, and limiting the amount you risk, is just part of minimizing the risk in gambling.

Judging that way to gamblers isn't justifiable mate, we have no right to conclude what's their future. Everything which may arise to their lives always depends on what their did is. Risk in every aspect is always present in most common scenario, so even though you thought a misery would be an outcome of mismanagement on gambling, a person's joy is unmeasurable.

I just give an advise despite of giving judgement for those gamblers who happen to have bad experience. Always count on your funds, and don't take full decisions right away because it's not always a certain target when we're involved in gambling. If you want the future to become brighter, then secure your safezone and think of your welfare.
218  Economy / Gambling discussion / Re: Where we are now with Gambling on: April 06, 2019, 10:45:38 PM
Its juat available on our hand,we can gamble anywhere as we want there is no need to spend time for it,just login via our mobile can give vast opportunities to play on different gambling sites but there are also scammers evolved since people can easily fell for these kind of sites and they can stay anonymous even if their site get caught.
You have a good point there since smartphone mobile now is very handy to used many gamblers like to gamble not just like before that you need a laptop/pc just to gamble. We are now in modern civilization, most of the people have a gadget that can able to play gamble anywhere they want at a convenient time even after work when they have a break time.
Risks will indeed be exist on the internet by scammers, but with the many gambling sites that have become famous in this circle, gamblers will be more comfortable playing and again they can gamble whenever they want without having to spend higher transportation money to visit a clubs. The digital era has developed rapidly and makes it easier with more efficient time.
This is the difference between online and offline gambling.We can play with it on the convenience of our home without the need on going to physical places just to play gamble.
Either fiat or crypto gambling online would really be less hassle,just a few taps then you are able to fund your gambling account and you are ready to go.

That's right mate crypto is very convenient and has provided many gamblers a comfortable way of enjoying gambling virtually. I don't think many people had this best alternative using Virtual gambling, but for me that's a recommended way of having more entertainment as well as the chance of lucky profit. Modern day of gambling has given us much advantage compared to traditional way, because you're the only one controlling your funds and your time of doing the activities.
219  Economy / Speculation / Re: Reversal of Bear Market? on: April 06, 2019, 02:10:51 PM
It's too early to say in my opinion. If anything, I'd probably just call it a price consolidation. While yes, the price increased by $800 if only a few days, but also take note that the prices also crashed from $4000+ to $3200 in a short time span. Is it going to continue to go up? No one knows, but my guess is that $3200 isn't the floor. yet. I repeat, it's just my guess. Trade wisely.
Yeah thats just a wild guess maybe mate.?but it was the bottom $3,200 is the lowest weve got and now starting to pump already,sitting at $4,800-5,200 is a good indicator of barricade was already broken and we are only waiting for the signal to spike the value again these days
Hopefully that we floor already, $3,200 is the lowest IMO and we will never see that again.
If we end up at $5,000 this year, it would still be fine for me and for sure everyone will happily accept it since its's a major improvement already.

No matter the price may be achieved, I still remain solid on my principles regarding bitcoin's journey in achieving full recovery. This time, we're facing a serious scenario which entitled our trust and faith towards cryptocurrency. Many of us did hope for the best to come, but it seems many traders begun to lose hope while seeing bear market remains steady for few months. Definitely the reversal of bear market was too hard to break the last time price went at a slight rise, but it was showing positive responses after more great news came in stating more positive opinions.
220  Economy / Trading Discussion / Re: What coins do you like to trade the most? on: April 05, 2019, 09:55:34 PM
The coin I currently trade the most is Ethereum, Ethereum is fun to trade on, I used to love bitcoin the most but in terms of depositing and withdrawing, the fees some times get too high so I shifted to eth and since then, I've come to love eth more than any other coin

For me I always bitcoin long term trading, but unfortunately these days I can't really say it's good to do daily basis and I do prefer at longer terms as well. Many people said eth had good potentials but volatile market could always possible to occur at random state. We can't have an assurance that will be stable like what btc did lately, because it goes down eventually. However, if I will be trading some that would be other alts of eth contract tokens which has a promising community.
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