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2001  Economy / Speculation / Re: BTC price exceeds $10,000 on Feb 10th … on-chain and off-chain growth positive on: February 16, 2020, 02:59:14 PM
The price is now below $10,000 but the fact that it again reached such value is a good thing knowing how low the market prices became on the previous years after the all time high. It is quite a good sign that the market is slowly being back to its feet. The price is again falling but there nothing to worry , it will again rise, given that halving is approaching, changes might be observable.
Well it surpass 10k but will go again down if somoen will keep sell it, and maybe grow will continue in March.

in the mid year I guess. There will be adjustments due to the anticipated events and it might highly affect the investors which may reflect to the market price of Bitcoin so the best thing is to wait for further market behavior.
The price has already fallen and again below $ 10,000 for bitcoin. Therefore, there will be a lot of news about bitcoins that have reached the mark of $ 10,000, because I think that the price may slightly exceed it, then roll back. Now the main thing is to gain a foothold at the level of 9800-9900.

We are below $9,800 now and it is still falling at the time of writing. Though I'm positive about Bitcoin, there's still a slight chance that what happened in October 2019 might happen this time too where Bitcoin reached $10,000 and still fell $8,000. The halving is near (As my source say, this May) and I hope that this will be the driving force to go beyond $10,000.

This just shows the nature of Bitcoin volatility and how fast price can change. Temporary price rise doesn't mean continuous growthw and corrections are possible at any moment.
Currently price pulled back with tendency to go even lower. We can see that price stayed in a range of 10000| for a very short time so don't make big plans yet.
The good thing is to see the brighter side. The price indeed fell but the fact that it is not that deep, we should still have our hope to the future of its market price for this year.
2002  Economy / Speculation / Re: BITCOIN HALVING 2020 on: February 16, 2020, 01:40:56 PM
Despite all the wishful thinking, there is no correlation between the halvings and the price.

There is some correlation, but its less pronounced than some people think. Furthermore, as time passes, the correlation is less and less. The main reason is that the vast majority of coins are already in the market, so production affects supply much less than ever before.

Consider that out of 21 million only the last 3 million are left. Most of the weight, and eventually the whole weight of the price of bitcoin rests solely in the market forces, buyers and sellers.
Will the market value increase due to the increase in demand someday? My idea is that, the amount of Bitcoin to be mined is getting little whcih means that the supply will be limited to those in the market, in the future, if that day would come that all Bitcoin are mined. Will be a matter of demand and supply, what do you think? Feel free to correct me.
Even before now I have seen a lot of people that have done this analysis and I strongly believe that there’s going to be an increase. However there’s been news about the US government auction of about 18 million dollars worth of Bitcoin or so (can’t remember the amount that was mentioned ) and some people have been speculating it might pull down the price of Bitcoin.

Though I’m thinking that even if it does go down before the halving, after it will still go back up? Since halving will create scarcity, that scarcity will cause the price of the asset to start increasing.
This is what I am trying tk point out, the "scarcity" thing. If that's the case, there is a huge chance for the price to go up more alike with real estate and other stocks. But it is not still assured that halving will be the main thing to trigger the uprise of its market price, there could be other factors.
2003  Economy / Speculation / Re: Bitcoin won't surge past 11k, your thoughts... on: February 16, 2020, 12:44:16 PM
I still believe that the market value will still be able to pass the $11,000 mark before halving. The market price at this moment is not yet showing signs of huge downfall as halving approaches which I think would continue and be consistent at that point, for now. Given that we are still on the $10,000 mark, such market price is not that far from the reality, so maybe, waiting and being patient at this moment would be advisable.
I have a different opinion, in fact, I feel that this month, the price of bitcoin can be higher than $ 11,000. however, the highest price this year is almost $ 11,000, and I think that will be easily achieved if we look at the price of bitcoin which is close to $ 11,000. if the price increase continues, I don't think it will take a long time until we reach that price.
The only that makes people worry about it, is the sudden movement, but if I'm not mistaken, it is just on the redmark but is not drastically falling. Maybe next week, it will again be green.
I think it could be possible to happen we know that everything is possible so why should we doubt it?
The price could climb up instantly so for me it is possible to happen even in a short term.
But we couldn't always expect things to work as we planned .
Doubting is normal. It would be helpful in order to not jump into conclusions and make absurd assumptions.
2004  Economy / Gambling discussion / Re: What are your recommended ways of gambling. on: February 16, 2020, 11:41:38 AM
Just be lucky. Kidding aside, but that's the only way in order for a gambler to earn huge profit from gambling. There will be times wherein a gambler would win through "strategies" but at the end of the day, it is the house that will always win the game. With this reality check, just enjoy the game and do not expect that much profit. Just enjoy how you kill time, and how it feels winning sometimes. Do not be carried away by your loss because that's more certain than winning.
I have tried several Gambling website but you know where I found more success? In Sports Gambling, I pick a sport I like, like for an instance in basketball, when you know the team and their opponents you can pretty much predict who will win but not at all times but the chances are high if you really know the sport and teams. If you don't have knowledge about particular sport and just randomly betting try in your own risk.

quite a good analysis. In sport betting, i believe that this is an easier way to win but will not always determine a win. In basketball, there are teams who more likely win against most of the teams so betting won't be that hard. But still, no matter how strong your team is, if you would meet that badluck wherein you bet that much due to confidence, and in a sudden that team lose, same thing right? So to be clear, just do not be that greedy with winning.
2005  Economy / Speculation / Re: BTCs predictions beyond the limits or it might happen... on: February 16, 2020, 10:55:58 AM
We just really cannot blame those who think that this thing won't happen, the market price of $100,000 is far from its market value at the moment and as well as from the highest market price reached by Bitcoin on the previous bull run. Given that the market situation at this moment is not that active going upwards, hoping for something, which can be only achieved if ever the market will have a consistent uprise, but is not.
I can totally understand 100k, that is still a big increase in the current price, it requires the price to go 10x higher and that is unlikely, I could understand why it won't happen and why it is very difficult.

Come on $100k is nothing.  I am 99% sure we will see $100k+ in next 2 years.  I am not saying that will be bottom or $100k will be price for most of the time in next two years, but price will peak over $100k for almost totally sure. Bitcoin is so volatile that this simply have to happen.
just look back on how huge was the expectation of the investors to the market price of Bitcoin when a bullrun occured. The problem is that, people are getting carried away by the situation which gives them absurd assumptions. I believe that the price would be higher in the future but as high as that, at this moment, is just blurry.
2006  Economy / Speculation / Re: Top analyst warns a hard dump. on: February 15, 2020, 03:58:12 PM
The market price have increased recently and it won't be surprising to know that the market price will again fall in a sudden because that is simply volatility. There are no such thing as top analyst. People are just throwing expectations and speculations of how would the market behave, without certainty. It will just be the coincidence that would make it happen, because no one can really determine the outcome of cryptomarket behavior.
His "guesses" might come  true and as well be the opposite.
It's high time you stop classifying anyone who gives their opinion on cryptocurrency especially Bitcoin as a "top analyst". Almost everyday we see random people pop up as analysts just because of their opinions.
Also, there could be a price dump as many impatient investors who bought Bitcoin because of the pumping might want to sell for small gains. While others are buying for the upcoming Bitcoin halving.
By just counting the predictions of different people, you would know that they gave expectations without certainty. Think of how many people who assumes bullrun early this year, since the price did not show any signs of recovery at that given period, no one talk about it. And now one expectation of an individual seem to happen, people are now having this so called "analysts" of another "kind". It is quite a" the more the predictions are, the more chances one prediction would be right".
2007  Economy / Gambling discussion / Re: Gambling and health 🤕symptoms on: February 15, 2020, 03:04:22 PM
Cryptocurrency and health are two different things so the answer is no, crypto won't end addiction with regards to drugs and alcohol. I do view it as something voluntary, that it does depend on the person whether to engage into such things and crypto has nothing to do with. I would somewhat relate it to frustrations. Well, gambling is really frustrating but still, addiction is far from this concern, unless if that person who is addicted into drugs, is into cryptogambling 90% of the time. That might be related especially if we would be talking about stress caused by losing.

When it comes on helping those who are addicted into alcohol and drugs, they should do more things that would keep them away from the frustrations they are having in crypto gambling such as socializing with other people.
I never smoke and I drink occasionally and I’m a gambler. This is your choice as a gambler, there’s a big risk on your health because for sure most of the gambler skip their meals, don’t have enough sleep and they choose to depend on cigarettes and alcohol to stay alive and keep playing. Crypto can’t prevent this thing because that’s a choice of a gambler, if you really want to smoke then you will do it at any situation.
Maybe if a gambler is drinking alcohol often due to the stress gambling, perhaps losing, is giving, resting and avoiding the stimuli would be more advisable. But as what was mentioned above, it would depend to the person himself.
2008  Economy / Gambling discussion / Re: Who among us here has been addicted but successfully cured addiction? on: February 15, 2020, 07:59:54 AM
Many gamblers are just being addicted into such activity which makes it seem to be normal to be addicted into gambling. It is not quite surprising to know that someone is addicted into gambling because we are talking about money. Many gamblers who became addicted, are aiming for huge money but that is the total opposite in gambling because losing would be more certain than winning.
 One would be eager to get that win but he would be unawared of how huge the loss is becoming.

I was a victim too, but fortunately i have overcome the addiction. It is quite hard at first but support from the people around you was really the biggest part why I have successfully quit being a gambling addict. Also, the other half is your self. Self control will be the key at the end because it is you who would make the decision whether to quit or not.
2009  Economy / Gambling discussion / Re: After losing did you feel you must return the soonest to win back your losses? on: February 14, 2020, 03:06:37 PM
I honestly don't because it could result to a bigger loss. Frustrations should be avoided by gamblers because that would more likely result to addiction. The urge of winning back would make you unaware of the amount of your losses because your attention is only focused in winning.
Yes most of the time I would feel that way theurge of winning back what we lose.
But we should know how to handle it I must admit there were times that I also deposit right after I lose at gambling,
But there are times that I could win it back plus a profit.
But most of the time, what happens is the total opposite. Instead of winning back your losses, the losses is just getting bigger and I think that is why it is not advisable for the gamblers out there.
I have read all the questions on the web and answered more, no, if reading all the questions is quite scary if someone answers yes especially question number 20.
If only wanting to recover the amount of loss from gambling I see it is still a natural thing, not easy accept the loses moreover you confidently will win that bet.
But self control should be prioritized in gambling. One should set limit of how much he could afford losing in a single night. Then just comeback the other day, and maybe, your luck would be calibrated.
2010  Economy / Speculation / Re: BTC is back with a bang. on: February 14, 2020, 08:39:14 AM
I more likely see it as market price stability at the point of $10,000 without expecting a bullrun as this early. I think we would see a bullish run in the midyear and not at the first quarter of this year, given that the market price is still palying pump and dump at this point.
So it rose back to nearly $10,300. I have been holding and don't know how long I will and when I'll sell but as long as the market's performing well, I will hold not just for this year but for the next more years. With those analysts, yeah they are scattered again and telling the same predictions again. They want people to believe them again because it's a good opportunity for them to make their names known by giving predictions that will come with the market.

Holding can be very tiresome at some point most especially if the price is not increasing for a long period of time but holding bitcoin can also be very rewarding during bull run. Personally, I’ve been holding my bitcoins for God knows how long and I didn’t regret holding because it rewarded me so much. Along the way, I also scalp some of my earning and spend it on other investments too. BTC is showing a good sign now and I hope it will continue.
Investing might be the hardest thing to do at the minute because an investor would more likely hesistate to invest because there is a possibility of an uprise and the price could be lower which is a better opportunity to invest, since profit would be bigger once true bullish run occur in the market. Ofcourse, many people would say waiting would be better but we just cannot disregard the opportunity at this point wherein the price could still kick before the halving.
2011  Economy / Gambling discussion / Re: What p2p games will you play? on: February 11, 2020, 03:50:57 PM
The games that I usually play are lottery, dice games, slot machines , and other games which are pure luck. But I do also play player to player game such as those which are card games in particular with poker. But I just prefer those which do not need strategies because I am just playing to kill time and for me, luck-based gambling games suits my need, well.

I am not also fond of interactions with other players that much and that might be the reason why p2p kind of gambling games did not get my interest that much. But maybe, if there would be p2p games such that those in which many people play in the mobile phones, or those which are not alike with the traditional gambling games, which involves betting, would be worth to try.
2012  Economy / Speculation / Re: Pomp 100,000$ Prediction on: February 11, 2020, 03:05:11 PM
Until December 2021 yes is possible that bitcoin reach 100k usd but still i have some doubts will happen so soon.
How come you guys are jumping to conclusions that easy? The market price of Bitcoin broke the $10,000 mark, and that is a good indicator. But expecting that it would be that high given that the market price of Bitcoin is not that continuously increasing at the moment. And given that there is an anticipated halving that would occur, which is also expected to bring bullish run when it comes to the price of Bitcoin but at the end of the day, it is absurd to think of such thing. The market price of Bitcoin, before, have reached its all time high but is still not even close with this one.

Also, despite of huge expectation, the bottomline is that, there is no assurance. Please do bear with me, being realistic would be better in order to save yourselves from regrets if ever your expectations will not be met. Keep in mind that we are talking about years, and there are many things that could happen within that lapse of time.
2013  Bitcoin / Bitcoin Discussion / Re: Are Crypto Transactions Traceable? on: February 11, 2020, 02:22:02 PM
It is a bit hard to determine at first, given that most of the cryptos are decentralized, due to blockchain technology, there is a protection to one's anonymity. But there are now KYC, wherein one is required to give information which would give a bit of a trace within the transaction. Also, some exchangers records every transaction which is also another instance.

But I don't think it would matter that much given how many transactions are being made in crypto. Transactions might pile up and tracing the transaction would be a bit hard if tbat is your concern.
I’m wondering are there ways to trace Crypto transactions like tracing an IP of someone when doing online transactions if so what are ways to protect yourself from getting traced. I’m rather uninformed on the subject and I would like to get up to speed on the current happenings right now.


Sure, everyone can see Bitcoin transactions in this blockchain is a pure nature blockchain that is transparent everyone can see where the flow of transactions their money goes.
I doubt that everyone could see the flow of transactions, everytime. Trades are the ones which can be easily noticed but the addresses of the people involved in a particular transaction is another case. Feel free to correct me.
2014  Bitcoin / Bitcoin Discussion / Re: Bitcoin is better than your bank! on: February 11, 2020, 01:16:47 PM
If you don't take risk on investment, bitcoin would seem to be better than saving in banks. The market value of Bitcoin is moving from time to time, and everytime the market value goes up, profit will be earned for sure. But movement of the price includes downfall of its value which is the rsik from doing so. Unlike in banks that the value remains the same. It is quite a matter of preference of an individual. Investment is different from saving, in the first place.

They just ignore Bitcoin it is just because of uncomfortable situation which they don't want to understand and don't want to take the risk.
And we are glad enough to see its futuristic features that everyone had enjoy more than of fiat money can do. However, its volatility seems to be closing some minds into their ignorance and not knowing how Bitcoin and cryptocurrency make a better life. In fact, Banks seems to be helpless we are totally engaged in crypto and used bitcoin for our daily transactions.
We just cannot blame them from avoiding taking the risk especially if their aim is to not earn profit and rather, just to save their money. Volatility is the main thing, the market price tend to change a lot and such aspect is not preferred by all people.
2015  Economy / Speculation / Re: Monday is a good time to buy BTC? Is that proved one more time? on: February 11, 2020, 05:43:16 AM
As i see yes Monday is a good time to buy crypto, because bitcoin price now drop and well save some money and buy more coins if tgeb buy it Sunday.
I don't get the logic that it would be good on mondays since as what I have observed, during mondays, the price is not that different from the price of other days within a week. It would be better to say that there is a  'period' wherein it is best to buy Bitcoin because the market prices do change a lot and there are times wherein the market price stays low, which is practically, an opportunity to invest.

There is no consistency by the way so I won't believe there are specific days that would be "best" in this industry. The changes in the market prices in times of mondays might be just a coincidence. Because if it is really a good day to invest, it would be consistent, such that no mondays would be 'off' for an investor to make an investment.
2016  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Dominance Going Down? on: February 11, 2020, 04:57:33 AM
In the early years there weren't so many alts like they are now so it's dominance going down whenever there is a bull run and going up when there is a bear market is normal.
Basing on the recent movements, i would say it's going down and how further it will go will depend on how long we shall experience the bull run.
Below is a graph of Bitcoin dominance for the past 5 years. Take not of that massive deep during the 2017 rally.


Its market value have shown a downtrend for the previous years but I doubt that its dominance is falling. For the past years the price of Bitcoin fell but same as with other cryptos' market value. From this, there is a parallelism with regards to the dominance, meaning, Bitcoin is still on top of other cryptos whilst the downfall of the market prices.
This metrics only show the percentage of 'how many' Bitcoin trades are executed on the market compared to the whole volume. Simply put, it shows whether people are trading more Bitcoin or not. It doesn't really tell 'how well' Bitcoin is, and is only useful to find an entry point for the 'alts party'.

Don't be too concerned about the numbers.
Numbers are more of a statistical proof but as what being said, the number of trades fell down but that is due to the circumstances. People did not choose to trade at times of downfall simply because they chose to hold at that point and to patiently wait for the uprise to occur.
I think bitcoin will keep dominance for long time, and will have more money than other altcoins and is not the time for altcoin bull run now.
This would only happen, referring to alts uprise, if ever Bitcoin will face a certain issue that would make its wide range of users, uninterested towards Bitcoin. So it would really seem to be constant, that Bitcoin will remain dominant, given that its reputation is still fine.
2017  Economy / Gambling discussion / Re: Which is easier, stop when you are winning or stop when you are losing? on: February 11, 2020, 12:28:24 AM
I think, both winning and losing in gambling is more related than separated. It is more of a pattern. Let's say you are losing too much in gambling, as you feed your greed, you won't stop playing because of the urge of winning. And once you achieve a win, it will give you a hopr that "I can win" because you have experienced it. Then your body will be loging of winning again not realizing how big the loss already.
for me is easier to stop after a nice win than stop while losing. I usually have a goal when i gamble, so, if i don't reach that goal i get busted on the way, but only bet what i can lose, i don't go beyond that point nowadays.


Setting a goal would be a nice way in order for one to have a "self control" and if that goal is being accurate, such that everytime reaching a goal, the gambler stops, it would prevent gambling addiction. And that is self discipline.
2018  Economy / Gambling discussion / Re: Leave gambling, if it destroys you. on: February 10, 2020, 02:49:40 PM
Gambling is both enjoyable and addictive activity. Some people do gamble in order to kill time or to simply enjoy playi.g with other people. But there are people who are being to hooked up with such activity to the point that it consumes the player itself until he has nothing left to bet. But greed is the main thing and the urge of the player to win back his losses. My observation is that, the bigger the loss of a player, the higher the tendency that he would be hooked up with the 'game', especially if he does win SOMETIMES. Such instances would give the player hope and desire to play.
It's all go out on how responsible are you when gambling if you have a strong character before you to gambling, you can stop yourself from falling hard on it, a strong character has a strong will, and he knows his priority in life a responsible person knows where to put gambling in his life.
It is not that. Addiction is a condition. No matter how a player wanted to quit such activity, if his mind and body is tangled with the activity itself, he cannot do nothing about it. That is why people around that person is needed in order to guide him.
2019  Economy / Speculation / Re: Any further forecast? on: February 10, 2020, 12:00:25 PM
My take is you do not listen to them. They can have an interior motive why they are telling these.  And besides, everything they have is all speculation and as good as your own speculation.

I suggest doing your own homework. Do your own TA and research and act to it accordingly. It does not matter if it is bull or bear trend. Enter the market when your TA suggests it and exit when you have enough profit.
Is there any where to further do more research on the market trend of Bitcoin than here? I don't think so because most of the expert Bitcoin traders are here and I believe there is always element of Truth in most of the public analysis here in this forum. If you advise one to only take profit only when the person has made enough profit to me is not a good advise because the person may end up holding up to hear her position for a long time of which such person may end up not making reasonable profit at the end.
I don't believe with 'Bitcoin expert' thing given that the market is impossible to be predicted with certain because it is naturally volatile, meaning, the market price do tend to always change.  There are people who are giving speculations that the market will be high at a particular period, and there are times that such thing exactly occured but I would look at those instances as coincidence, because not all the time, the expectations of some personalities are being met.
I'm on the side, which is where the bearish market has ended. I saw the chart before. which is the same movement as 2015-2016. and whether accidental or not, that time of crypto has a high increase. gold has reached it first. actually this is not my reference. but only my prediction.
History may repeat again this year, who knows. The moment bitcoin reach the $9k level again, for me the bearish trend was gone already and we are preparing for the pump for this year and bitcoin will make it. There are so many big predictions OP, you can read all of them and you can see how positive they are for bitcoin, that can boost your confidence with bitcoin and in the crypto market, the bull should come.
There's still this thing they like to call halving or the period where the market price of Bitcoin would fall in a sudden and for the majority that is where real bullrun would occur.Bearish trend do come in the market unexpectedly and I doubt that it would start when it again reach the point of $9,000, it might be higher value.
2020  Economy / Speculation / Re: Bitcoin price: $ 12,000 is no longer out of reach on: February 10, 2020, 10:44:40 AM
The possible outcome is there with the steady growth so far from last month till now it has been strong signal. The $10,000 for instance can be tested this week or next and if that is broken, I see it hitting $12,000 with a spike maybe.
It is really that difficult to determine at this moment. The price seems to be a bit stable at this point and is not showing signs of its actual direction. But once it continue breaking the $11,000 mark, I would bet that it will be continuous for maybe until it reach $13,000 or a value close to this and won't be that high given that there is still an expected halving to happen that would pull down the price of Bitcoin.
Well, BTC continues to star again and joined 10k club of 2020. It's clear that we are in bullish trend now and I wish to continue the same in upcoming days too, as everyone already know that halving is a big advantage to pump again and I believe the value of BTC might pump atleast 100% so eventually the price will continue to increase.
the price of bitcoin is indeed still in a bullish trend, and it still has the potential to return to $ 12,000 like last year, but it must be supported by good news and whales must enter, I'm worried if whales will play before halving

Whales would probably play the game after halving and it might be the key to the 'true' bullrun in the market price of Bitcoin. But since no one knows when will halving occur, it is hard to make a decision at this moment whether to invest already or wait for a little more. But I think the price of 12k-usd mark would be possible soon.
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