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2081  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is libra (from facebook) will be a good invest ? on: February 04, 2020, 07:20:51 AM

The question is, do this project would able to make it through? There were lots of issues towards Libra project which been highly opposed nor blocked by government.
it won't be blocked knowing how popular FaceBook is?of course they will sort then issue before the launch.but profitable?i don't think so since this is stable currency.
Libra coin would actually be good for the people who carry forward their advertisements over facebook. They can easily pay for such advertisements with libra coin and hence they might seem using libra more suitable for them. I think this is the major reason behind why facebook is launching it's own coin. They want a payment method to support their internal financial monetary affairs and libra coin would be a best selection in this case.

Investing in Libra would not be beneficial for us as traders but for those who want to gain benefits from the most grown platform like facebook by promoting their products/services onto the network would surely find it beneficial.
2082  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin & Its Momentum on: February 03, 2020, 08:27:18 PM
The charts and patterns are showing bullish signs on the markets. This might not make any price correction but might lead bitcoins to cross $10k in the coming times. Bitcoins were actually in the dip for long time after the end of the bull runs from mid 2017 and from then to now, we could not see the price crossing more than 50% of its actual value. This might chance in few coming months.

Making a enhanced technical analysis and also studying the patterns and charts, a great pump can be predicted to happen shortly which would be followed by a number of pumps which would cross the limit of $10k in no time and the journey would continue until a final price is been reached.
2083  Bitcoin / Bitcoin Discussion / Re: The profitability and effort put into different ways of earning bitcoin on: February 03, 2020, 06:44:30 PM
I don’t know about lending, but those other two – HYIPs and Gambling are very risky and I don’t even plan to be part of it. I know a lot of my friends that are into gambling, I am very sure that they are losing their money but they will never agree to that.

When I ask whether they are profiting, they would answer yes, but judging from how their life is, I don’t think they are making any money because they are always broke AF. They just end up becoming addicted to it and they never quit even when they are losing, they keep hoping that one day they will make huge winning and becoming rich and that’s when they will stop.
2084  Bitcoin / Bitcoin Discussion / Re: Are Crypto Transactions Traceable? on: February 03, 2020, 06:09:35 PM
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.
I know for sure that they are traceable through the Blockchain. Blockchain is an open space and you’re able to trace every transaction, there’s nothing hidden. But, I don’t know whether you can be able to trace any other thing apart from the addresses, I don’t know if the IP address of the address owner is exposed. I have seen someone that got scammed and was able to trace the address of the scammer to Binance.

I don’t k know what happened next, if he was able to get Binance to block the account of the scammer or not, but I knew they are likely not to agree to do that. That’s why some people are fond of mixing their coins to avoid being traced.
2085  Bitcoin / Bitcoin Discussion / Re: Promote bitcoin through any means. It'll work! on: February 03, 2020, 04:58:11 PM
You just trying to promote a video and not Bitcoin. And moreover, no one said seminars are the only way to promote Bitcoin, there are already lots of articles about Bitcoin that you can find online and I believe those are enough.

When I started making use of Bitcoin I didn’t watch a random video or article, I went to the direct source which is the Bitcoin organization website and I read everything about Bitcoin there. People already come across lots of contents that are related cryptocurrency and it’s a matter of interest, it’s likely that anyone that come across your video might already know about it and wouldn’t take interest in this type of video.
2086  Economy / Economics / Re: Future of Bitcoins - What will happens to BTC on: February 03, 2020, 12:05:17 PM
The way I view it, Bitcoin is already a world currency. I do know how imagine it to be, but it won’t get to that extent. For now, since you and everyone around the world is able to make use of it, and you can send money and also receive from anyone, then it’s already a world currency.

You make use of Bitcoin and the government does not charge you any tax (except if you use a regulated exchange), and your transaction is always peer-to-peer, then what else are you expecting? If you mean whether the government will accept it, no they won’t accept it, rather they would create their own cryptocurrency.
2087  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: February 02, 2020, 04:58:40 PM
That was some great game from Juventus, I never really understood people who imagined Fiorentina even had a small chance of winning this game, Juventus is just way too good to lose to a team like them. I understand that Juventus lost to Napoli recently and that made people question for a second there but that was literally just the second loss on their whole season so there was no need to overreact to it.

Hopefully people will finally realize that we are watching this amazing historical rivalry right now, Juventus and Inter have always been one of the best teams in the leagues history, now Juventus is on a huge streak of championship and everyone is counting on Inter to break that and become the next champions and ending the streak for Juventus at the same time.
2088  Economy / Gambling discussion / Re: How often do you gamble? on: February 01, 2020, 05:58:36 PM
Used to gamble before, but I stopped it because I'm not that lucky with gambling. Thought that I should move to investing, although investing is most likely a gamble, at least you can have you'll have more chances in investing. Rather than just gambling and not knowing if you're going to win or lose. At least in investing, you'll know whether to buy or sell, depending on the situation.
Investing could have some properties similar to gambling but it might never be compared to gambling. In gambling, what you would need on a major extend would be your luck factor as you might never know which team might win a game or what numbers can your dice show up.

But in investing or trading, the most important phenomenon which is required is your trading strategy, technical analysis and the ability to understand graphs which would surely need a lot of knowledge and research and you brain would need to give it's best in terms of investments but in gambling, your luck has to play majority of part which makes me differentiate gambling and investing.
2089  Economy / Service Discussion / Re: Can you guys identify Whale move? on: February 01, 2020, 05:25:10 PM
yo can't predict what decisions other person is going to make.  that it's only in films.. you can make a guess, but will be just luck.
Not actually only our luck will play in this situation. Our research and our knowledge about the trading markets would be most useful in this case. What most of the newbies think is that they could never predict the future for any coin and it makes them buy or sell at the price they could feel reliable just by speculating few buy and sell orders, volume, etc.

These few things would never help you to buy at a correct price as you would need a lot of other strategies which would help you to find better price for yourself to invest. Even the big whales are human beings and god has given them the same brain as we have so why not utilize it like them? Even you can find where the big whales might enter or exit if you have the ability to spend hours of your day in making huge research in front of your desktop.
2090  Economy / Speculation / Re: Top 5 Predictions For Cryptocurrencies In 2020 on: February 01, 2020, 04:08:21 PM
Volatility always tend to exist even though you're so careful with trading on different promising asset. The important is that you have the awareness of what's going on the market, because newbies always depend with the actual trend. They tend to become emotional once they find harder and pressure times on handling the reality of the market situation.
We should not actually consider newbies into the trading markets. Newbies consist of less than 20% of the total market cap and that is a number which could be neglected. Newbies also never have any direct relations with the market movements and they play blind with the prices they find suitable.

Above 70% of the total newbies never make any research or they do not even look at the past graphs before entering the markets and most of the time they end up buying at the peak and selling at the dip. This makes they never find any profits in the trading markets and most of the newbies exit the markets in panic sell which would never allow them to reenter the markets. That's why we should never consider newbies in terms of trading.
2091  Economy / Economics / Re: Corona Virus and The Effect on The Markets on: February 01, 2020, 01:26:53 PM
I don't know where to find connection between nCoV and the market situation. It's a big crisis in China and even now that other countries are being affected by this virus, especially those country in Asia. But does it really have an effect with the market price? Maybe it can affect, but wouldn't give a major impact.

I don't think they will prioritize money nor having digital transactions in buying their necessities because most people in Wuhan are panic buying their own needs. And I think, the Chinese government are helping them as well.

With this kind of situation, money isn't that important anymore. Well you need money for your foods but having too much or saving money isn't important because it's their health they have to prioritize.
These situations might actually turn bad for bitcoins or any other investments like stocks, commodities, etc because in situation like this, people would never count money but instead they would run for a better health and to stay away from the contagious disease which is spreading rapidly.

In these situations, most of the people from the infected city/state might not even continue with their work and might sit home just to make sure they do not get infected and in this situation, they might lose their stable source of income which might force them to sell their bitcoins in order to fulfill their daily needs. This might than affect the price for bitcoins and we might see a dump if there are huge number of people following the same.
2092  Alternate cryptocurrencies / Altcoin Discussion / Re: Newbie in trading cryptocurrency and forex on: February 01, 2020, 08:13:24 AM
Hi guys I would like some guidance and a understanding on trading I’ve been all over the internet and I just don’t know who to trust and get valuable feedback from what are your opinions on trading as a whole and in what direction do I take my first step
What exactly do you want to do, Cryptocurrency trading or forex trading, because you mentioned the both of them? They maybe similar to each other since both involves trading of currencies, but there are still some differencesbetween the both of them.

Forex has stability unlike cryptocurrency that is volatile. The good thing about the volatility of cryptocurrency is that you can take advantage of the small differences in exchange. There’s still more differences, it’s up to you to do some research on the both of them and know which one would be better for you. There is also option trading.
2093  Alternate cryptocurrencies / Altcoin Discussion / Re: Why We Need Bitcoin, If Altcoins Transfers Are Faster And Cheaper on: January 31, 2020, 05:59:11 PM
It is difficult to give the reasons in one or two bullet points. These are the reasons that come to my mind right now:

1. There was no pre-mine for Bitcoin
2. It is the original cryptocurrency
3. The inventor (Satoshi Nakamoto) has never tried to profit out of BTC
4. None of the coins come close in adoption and acceptability when compared to BTC
5. BTC can be traded with a large number of options (fiats & other coins).
I’m just realizing that Satoshi Nakamoto never tried to profit out of Bitcoin. That’s unlike other people that created different coins like Ethereum and the rest, because I do know for sure that their owners have at certain times profit from it, just like the founder of Ether and his Ether foundation.

Really Bitcoin transfers are expensive and lower speed, therefore altcoins are much easy to transfer. For small transfer amounts Bitcoin is not usable.
I think people make use of what they like and not really what seems to be better. Bitcoin is the first cryptocurrency and people are becoming used to it and trusting it more than altcoins. I do know that Ethereum has a cheaper fees and also faster when it comes to transaction, but still I hardly make use of it. I have preference for Bitcoin and I can’t even give reasons why, and I do feel it’s more safe.
2094  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance to help Coronavirus victims on: January 31, 2020, 04:52:32 PM
This is why Binance keeps on leading while other exchanges just follow, they are always looking for ways to make impacts in the world while others just stay and do nothing. Binance stays at the top and all others will keep doing is just to follow, because Binance keeps creating a name for itself and being recognized. I do hope that others will follow this same step and help in doing good and also promoting the community.

People may argue this is just another strategy for promotions. But it's ofcourse better than other ways. Binance sending help to mainland China would also be symbolic as the Chinese regulations forced binance out of China.
Seriously, who even cares if it is a promotion that they are doing? Let it be a promotion, at least they are doing good with their promotion and that’s what we want. It’s better than to just stay doing nothing and only doing promotions on social platform and putting money in places where it won’t make any sense.
2095  Economy / Economics / Re: $900K worth of counterfeit U.S. currency seized on: January 31, 2020, 04:18:30 PM
China is developing so fast it's going to dethrone the USA soon unless something is done about it.

USA wants to be the top power in the world, and I believe these things like the coronavirus hysteria, the counterfeit money and everything is just a stunt to slow down their economy.


Nobody wants to buy things anymore from them because the products might be contaminated. This goes for everything, from AliExpress to food. Therefore, the economy is stunted in this way.
This corona virus has really be spreading and it is creating a negative impact on deals from china. China is a country which is most vigorously involved into the international trade markets as they export most of their products. China has maximum number of production line.

There are a lot of commodities which are been produced by china in much cheaper price than they already are been circulating for. This might have perhaps motivated china to create countrified currencies and sell them for much cheap price than the actual value for the currency is. This is something they do each time though as Chinese products are much popular as they are cheaper.
2096  Economy / Economics / Re: If you could invest your cryptocurrencies in the environment would you? on: January 31, 2020, 03:06:12 PM
-snip-

Of course, when i say "pollution caused by mining" i talking about electricity used for mining.
I don't have an exact figure for this year (although it's late January)
According to a tool posted online (I can't confirm what), Bitcoin mining would consume the equivalent of the electrical production of nearly 8 nuclear power plants.
Bitcoin mining: 22 megatons of CO2 per year (Estimation July, 2019)

The creation of Bitcoin has an energy impact as important as Switzerland. In question, the manufacture of money, very greedy in electricity and indirectly generating pollution.

But I agree with you, if we could improve this or slow down the pollution effects that it causes I will be ready.

Source : "presse-citron.net"
That's actually a whole lot of pollution cause by just bitcoin miners. There also are a lot of other gadgets which might consume electricity more than a normal bitcoin miner and could we even imagine how much pollution it might be causing. But, yes there are alternatives for each cause in the current generation. Even renewable sources of energy might help us save this pollution as they do not leave any residues behind them once consumed.

There should be some cryptocurrency projects which should mainly concentrate onto the pollution caused and they should actively find ways to reduce the pollution and make earth a better place again. If several such project exists than I am sure none of the government might not want to legalize cryptocurrencies.
2097  Economy / Economics / Re: Hi Excuse me Are currencies a "store of value on: January 30, 2020, 05:22:16 PM
Hi i'm monolicaคาสิโน
A quick history of currencies and paper money shows that money began as a deposit of a certain value of gold/silver and then turned into a representation of the promises of those who issue it.
Looking at the US dollar, it has lost more than 90% of its value, making all paper currencies a bad example of a "store of value." "I do not want to mention the scenario that happened in the state of Venezuela or Germany after the war."sagame
There is no ideal storage for value they all have their own advantages and disadvantages, you should know what is best for you and how much risk you are able to take. I do invest in a lot of things as a means to store values and at times they do disappoint.

I do invest my money in mutual funds, and apart from mutual funds I buy stocks (gold, silver) and currencies (dollar, Euros, Yuan) and assets (mainly Bitcoin). It’s not all them that are profitable at the end, the good thing with the others is that they are less risky than Bitcoin which has a high volatile nature. And despite that, Bitcoin is still the most profitable among them, for me.
2098  Economy / Economics / Re: How do manage portfolio efficiently while having a full time job? on: January 30, 2020, 04:42:33 PM
I also have a job and my Bitcoin Investment is usually on a long term. I use different wallets because I am not the type that likes relying only on one wallet due to lack of trust. But when it comes giving notifications on prices, Coinbase wallet app does the job perfectly for me.

I check in only when I have the time, the notifications from the app usually helps me know where the price of the assets I bought are really heading. And I also like the fact that my phone has a pretty good lock screen notification display, so whenever I get the notification from the app it just pops up and I look at it and continue the work I’m doing.
2099  Economy / Speculation / Re: It's over $9000! on: January 30, 2020, 03:36:22 PM
$9000 was actually a target which was reached and hence we might look forward for another target. What I think is bitcoins might move on between $8800 to $9000 for some time before it could climb upon to the next target. Bitcoins are showing us a great growth rate and if this continues for a while than we might even see bitcoins crossing $10000.

The time indeed is not far. 2020 year is bringing us new moments of joy and prosperity which would even prove beneficial for the price of bitcoins. $9200 target is actually a reachable one and bitcoins might surely try to touch them by the end of this week. Resistance levels are been uplifted which means the chances of bitcoins have a dump again are pretty less.
2100  Bitcoin / Bitcoin Discussion / Re: Held a bitcoin seminar today on: January 30, 2020, 02:51:41 PM
Most beneficial step taken by you are your friends. I really have to appreciate this. Awareness about bitcoins needs to be spread worldwide and we could only start doing the same if we try to educate people surrounding us about bitcoins. Seminars are a better way to spread the awareness and also most of the people might feel you their financial adviser only because you introduced them towards bitcoins.

This is really appreciable act. You can try to refer people who have joined the seminar to join various wallets from your referral links and you can use the referral bonus to conduct such more seminars in the future. You can continue the chain and I am sure your city itself would have a lot of bitcoin traders in the coming time just because of you. This should make your chest feel with proud.
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