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201  Alternate cryptocurrencies / Altcoin Discussion / Re: Which one is the best cryptocurrency next to bitcoin? on: May 05, 2018, 01:06:27 PM
In my opinion, you should do your own research.
Don’t pick any crypto just because other people say it is going to “RISE TO THE MOON” in 2018, or because you saw a 30% increase in 1 day.
I cannot stress this enough, don’t do what other people are doing but think for yourself.
Don’t be one of those FOMO people.
Be critical and look at each coin from different perspectives.

“Give a man a fish, and you feed him for a day. Teach a man to fish, and you feed him for a lifetime.”
Good point, especially if you are pointing out to the noobs. anyway, my bet is on bitcoin cash - because whether the people admits it or not, no other token had caused so much panic to bitcoin hodlers than this one. actually that is why the bitcoin community hates it, because it threatens them in some weird ways. I am not a bch supporter but I surely have tons of it in my ledger. ha ha ha.
202  Economy / Economics / Re: what will happens if everyone has own currency, doesn't a bad for Economics ? on: May 05, 2018, 12:50:20 PM
You better give me some merits for trying to understand your phrases, man... just kidding. Anyway, in my opinion; currency doesn't really matter - I mean no matter how many people has their own individual currency, it won't affect the global economy. What matters is the value behind it... I'll give you an example; if an ordinary person (let's call him TOTOY MOLA) creates his own coin and decides to give you 1,000,000 MOLACOINS, you'll just probably end up keeping it in a wallet and then eventually forget about it because you don't really care about it, and it doesn't have a value at all since nobody else wants that coin, and nobody gives a shit to TOTOY MOLA. On the other hand, if Michael Jordan produces his own coin (which is going to be backed up by his baseball and basketball cards) and decides to give you 2.5 BULLCOIN, you'll definitely trade it to something valuable.

The bottom line here is - as long as there is a value that backs up a currency, and that value has a demand, then your currency will never be worthless. Everyone can produce their currency and back it up with assets.
203  Economy / Speculation / Re: Bitter truth behind the market crash on: May 04, 2018, 04:26:10 AM
The Crypto market is crashing...  Now BTC= 7400$ & Eth=400$

What happened to BTC?

1.Thousands of people came into the Crypto field and started buying in Dec/Jan. So the market hyped unbelievably.
80% of them have 0  technical knowledge about Cryptocurrencies.
90% of them does not believe in Bitcoin.
20% of them have absolutely no idea what a cryptocurrency is and how the market behaves.
70% of them just wanted some quick profit.


2.Some idiots bought and sold for quick money and dumped the market.
3.Some people got panic and started selling.
4.Whales saw this early and slowly sold part of their holdings. Now they are buying at low prices.

What happened to Eth and Ethereum tokens?

1.BTC going down = Eth going down
2.People with 0 crypto knowledge started investing in ICO's.
3.People with 0 crypto knowledge started doing bounties.
(Those are the spammers in Bitcointalk)
4.That two kind of people started dumping ICO's for quick earnings
5.Scam ICO's and useless ICO's came in to play.
6.Because of the ICO flood, ICO's became less profitable.
7. So some ICO investors lost their faith.
So Eth and most of its tokens crashed.

What happened to Other coins?

BTC going down = Every other coin going down

What will happen next?

1.Whales who sold for higher prices will buy slowly at low prices and will become 1.5* rich.
2.Some people will leave the Crypto market.
3.Believers will HODL.
4.The market will slowly recover.
Yeah, I somehow agree with this; people with zero knowledge on bitcoin had invested in it but unfortunately sold their bitcoin with loss because they haven't see the downtrend coming, and because of a lot of scam accusations over the internet, these people feared that it won't recover anytime soon. That was the real story behind the crash.
204  Alternate cryptocurrencies / Altcoin Discussion / Re: How long Crypto currency will survive? on: May 04, 2018, 04:11:48 AM
How long is crypto will survive in this world ?

What could kill Crypto?
How are you going to kill it? Well, you can only obsolete this once something better is created. However, so far there was never a good option versus the blockchain technology and the use of it has only got started.
205  Economy / Service Announcements / Re: Apitrade.pro - automated trading bot on: May 04, 2018, 04:06:30 AM
Your advice has no logic, what if user lose money when testing your system?
It is not a child toy I guess, or it is nothing serious if you can advice easily "test and see"
Hell yeah, you better use poloniex with gunbot rather than "trial and testing" this site. Well, everyone is free to do whatever they want to do with their money of course, but it just felt so financially goofy to place bets on something like this. If this would reach the devs, then they should take this as a challenge - they must do something to make the platform look less scammy. 
206  Economy / Economics / Re: can you imagine bitcoin as your prime currency. on: May 04, 2018, 04:00:19 AM
Every one has his own speculation about bitcoin every ideas matter. Guys what's yours.
The real bitcoin enthusiasts want this to happen of course. Bitcoin must be treated as currency and not something similar to commodities. I am looking forward to a global acceptance of bitcoin but for the mean time I won't HODL many of it. I'll buy on dips and always sell on pumps because I need money to spend for my daily booze. ha ha ha!
207  Economy / Economics / Re: Making crypto succeed in the real world? on: May 04, 2018, 03:49:50 AM
Hi, I would love to hear your input on this.

As I see it, we need crypto wallets installed on every phone possible to ensure the readiness of everyday payment with crypto assets. Once customers are ready to pay, the stores will follow.

At least three things needs to happen:

1) Adoption of crypto wallets needs to increase (preferable with pre-funded assets)
2) Each wallet provider needs to agree on a standard protocol for payment (Maybe Payment Request API (W3))?
3) Store owners need a merchant app to receive payment with further integration into multiple accounting systems.

Have you seen anyone doing this?
Do we need a wallet alliance that can stipulate a standard?
What else needs to happen besides regulation?

Best crypto greetings,
Vindberg
https://validators.com
Similar to this happens in coins.ph; I store my bitcoins in this app, and then it gives me lists of merchants that accept payment from them in Philippine Peso. Once I have decided which item to purchase, coins.ph converts my bitcoin into local currency and then sends payment to the merchant. It made it simple rather than cashing out.
208  Economy / Trading Discussion / Re: Why do people use bad exchanges like YoBIt? on: May 04, 2018, 03:44:43 AM
What's the reason for using a low-quality exchange like yobit? There are so many other exchanges that allow for no verification (like binance) that I don't think there's a real straightforward reason to use yobit. I don't see them even having any good qualities.

Could someone explain?
I use your so called "low-quality exchange"s because from there I find trash coins where people normally pump and dump. I buy cheap tokens and wait for a handsome pump and then sell it for profit. Anyway, I do not store money or bitcoins overnight there, I withdraw them back to my wallet.

Keep in mind that no matter how trashy an exchange could look like, there is always money to make from it. I use them to sell 808s. ha ha ha!
209  Bitcoin / Bitcoin Discussion / Re: The FALL OF BITCOIN on: May 04, 2018, 03:39:32 AM
It is very sad to say that a technology like this would come to a big tragedy
Bitcoin has the potential to be great but it has become a weapon of Greed

The real use of bitcoin as a payment system is just a fantasy
But what happens in reality, it is just a pump and dump coin like the rest

The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

A currency is something that can be used for daily basis rather than just an investment
majority of people who buy bitcoin is just for investment and not used as a payment itself

Never the less
HAIL HYDRA!
Sorry man... but honestly, I feel you. When bankers and money makers come into picture - these events will always happen -
  • pump and dump
  • hoarding
  • FOMOs
  • greed, and etc...
However, I still hope that sooner or later bitcoin would serve its real purpose among us. Nevermind the bollocks - as long as people like us knows the real purpose of it, someday the sheep will follow our lead; but in the mean time, we better use bitcoin to earn paper money.
210  Economy / Trading Discussion / Re: Guys, just hold.. We can agree on a few things. on: May 03, 2018, 09:45:19 AM
Man I honestly don't get the point here. If all of us HODLs on at the moment and then will eventually sell on bull, somebody else will be trapped for sure - and that is damn too selfish of us. I guess the proper way to handle bitcoin and other cryptos is to buy during dip, and then sell at will. HODLing without the "will" won't create a true market psychology at all, but instead it would contribute in making FOMOs.

And again, everybody should buy at dip - sell at will.
211  Economy / Economics / Re: Bitcoin is the New Economy, we are only at the very beginning on: May 03, 2018, 09:37:05 AM
I really wish that somebody would restore the silkroad because there is no other place for bitcoin to fit in rather than there. People nowadays are living mainstream and aren't yet ready to embrace changes such as bitcoin. I cannot agree to that statement that "bitcoin is the new economy" because it will never be... you are living in dreams, my friend. FIAT will always be the main thing, but bitcoin could be very useful and in-demand if the silkroad would be reinstated. I hope this could reach DPR.
212  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Your Money Safer In Crypto than at the Bank? on: May 03, 2018, 09:28:27 AM
"SAFER" is not the perfect thing to describe it, I guess we can say "our money is more profitable in crypto rather than banks". As we all know, banks are the safest place to put your money for these reasons:
  • it is secured in a safe
  • it is insured
  • you can access it offline (ATMs)
  • people may steal it, but it's not gonna be your problem.

Therefore, if you are some kind of noob, then you better keep your money in banks. But if you are responsible enough with your assets, then you may choose to put your money in bitcoin and savor the profit in the next 5 years.
213  Bitcoin / Bitcoin Discussion / Re: WHAT IF the GOVERNMENT wins over BITCOIN? on: May 03, 2018, 09:21:20 AM
AT this very moment, you should have a goal of earning money, and not bitcoins or other tokens. The reason why I am trading bitcoin is to profit money from it. Soon, if bitcoin has been accepted as a primary tool for payment then I would definitely look forward to earn bitcoin... right now I don't agree with you when it comes to investing in properties which the government would tax. Yes, you may consider that buying real estate could gain you a handsome amount of profit in the next 5 years if you'll gonna sell it; but keep in mind that as long as it is your property yet, the government wants to tax it from you; therefore, it's not 100% a thing you can call asset.
214  Economy / Trading Discussion / Re: Is the risk necessary to make a big profit? on: May 03, 2018, 09:14:06 AM
Everything that has a high rate of returns requires a high amount of risk. In example, you may achieve a 30% profit daily by margin trading and therefore the higher amount of money you put there - the higher returns you'll be getting.
215  Economy / Trading Discussion / Re: Is trading actually worth it? on: May 01, 2018, 07:56:32 AM
So yeah i'm just wondering whether can you make serious money with trading or is it more than not just gambling?

Are "pro traders" making millions, or are they barely getting by and need to sell their signals and such?


Not in a bull market anymore so i'm looking at trading as a way to make money, but not sure whether it actually works. Note i'm not complete newbie, but i was never really trading.
well if you have millions then you can make millions in trading. anyway, trading is not an easy job my friend, last year I left my day job to focus on trading and writing blogs, but unfortunately as the market stops getting bullish and too bad I was able to buy BEFORE the crash - it became hard for me to recover my loss and have to wait for a pump before I can sell my bags and make money.

Good thing I was brave enough to try Gunbot and let him execute the trades for me... right now I am back to my office job and let the bot trade in my behalf. So far so good, money making is a wonderful thang! ha ha.
216  Economy / Trading Discussion / Re: 3% loss 10% profit -> sell on: May 01, 2018, 07:47:34 AM
If I set a 3% loss on my initial investment as a stop loss and a 10% profit as a stop for selling, will that make me trade too often ?
That depends on what coin you were trading my friend. 10% profit is attainable in high caps if you are practicing day trading, but if you are busy enough to watch the market, I recommend that you purchase Gunbot and let him do the trades for you.
217  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 2018 Ethereum price.... on: May 01, 2018, 07:40:47 AM
        Ethereum is the second valuable digital currency in crypto world. It's price increasing as years had past. It become more in demand because of it's uses...and because of demand increasing the ethereum price also increasing.
   One of the founder and. cEO of deVere Group says,  "The price of Ethereum is predicted to increase significantly this year, and could hit $2,500 by the end of 2018 with a further increase by 2019 and 2020,”
     There are also three possible factors that drives the ethereum to be well known and increase it's value..First,more platforms are using ethereum in trading. Second,the ethereum contracts are expanding and third,decentralization of cloud computing bodes well for ethereum.
    How about you guys? What are your opinions and prediction about ethereum?
Read the roadmap, there are lists of projects that has to be executed and when its done we can be assured that ETH will hit you big. One of the largest brand of healthcare in the USA is already adapting the blockchain technology with the use of ETH, and no wonder if sooner or later ETH would battle bitcoin as king.
218  Bitcoin / Bitcoin Discussion / Re: DECENTRALIZED OR CENTRALIZED? on: May 01, 2018, 07:13:15 AM

   Many individuals agree and have the same opinion about bitcoin as decentralized digital asset, a system without a central bank or single administrator is more favourable.
   But somehow, numerous citizens want also the bitcoin to be centralized, because others believes it can remove barricades and walls to allow more easily reached and democratized financial and economic infrastructure.
   For you what is your own perspective regarding this matter?

Did you just say "numerous citizens want bitcoin decentralized"? Are they already into bitcoins or are they just spectators? Real bitcoin enthusiasts and supporters doesn't want centralization because this will take away the essence of bitcoin. Bitcoin should remain the anonymity and decentralization.
219  Bitcoin / Legal / Re: Roger Ver to be sued for defrauding bitcoin newbies. on: April 30, 2018, 02:36:22 PM
I was a bitcoin enthusiast and had kept bitcoins in a ledger where it forked and gave me my "freebies" BCH. I was a hater of Roger until I realized that BCH is healthy, it keeps the balance between sheep and the real bitcoin supporters. I don't give a fuck to those who were fooled by Roger or being mislead by bitcoin.com; They awesomely deserved it - I always tell my peers that if they want to get into bitcoins they should do a lot of reading first, the sheep will always buy what is trending without even understanding it's use or what is it all about.

And hey you know what? these so called "mislead newbies" are the ones who had sold their bitcoins in January that's why the price went down rapidly. So hey now you better ask yourself if is it really worth to sue Roger Ver.

I used to hate Roger Ver, you may read all my posts in November or December of last year... but it's better to think for yourselves rather than being emotional between the rivalry of these two coins. You may HATE Roger Ver but I don't think filing a lawsuit against him is justice; Like everyone of us, he wants to make money - and if you will only open your mind, he has opened an opportunity for me and you to become rich as long as you know how to ride the waves... buy BCH while it is sleeping, then sell it during pumps. I learned it the hard way. BCH is an awesome pump and dump coin... you better deal with it!
220  Bitcoin / Bitcoin Discussion / Re: Why so many Bitcoin users have fear of governments? on: April 30, 2018, 01:58:12 PM
I can't escape to notice that many users here on forum have terrible rebbelious fear of governments. Like government is some evil devil that will destroy Bitcoin and other cryptocurrencies. But is this realy so, do such claims have any reasonable ground at all?

To my opinion the cause for something like that is again ignorance. I think that regulation that is mentioned in many countries is often mixed with centralization which is something that is not natural to Bitcoin because it's functioning totaly different than fiat currencies. Also some warnings to people that Bitcoin is volatile and risky investment that come from national banks are often interpretated as hostile behaviour towards Bitcoin and attempts to make people not to use it.

Is there any hope that Bitcoin users and governments will find the common language and help Bitcoin together to be more accepted in economy, especialy by businesses and to become more "legal" everywhere?
Bitcoin was created with this feature called "anonymity" and that is what I honestly liked about it. I don't fear the government, not at all - but I assume once they take charge to bitcoins, or they have written a law for bitcoin, this feature will vanish. The government fears bitcoin and not the other way around. They fear it because they don't know who uses it (unless you are a fame whore). They fear us because they couldn't tax us, but we make money from global citizens and nobody knows how much we make unless we disclose it. And for the record my friend, bitcoin and the government won't make a perfect couple.
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