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2101  Economy / Speculation / Re: Has the dip passed? on: June 18, 2019, 09:41:00 AM
At the moment it seems that we overcome dip but that still doesn't mean that the price will further grow only. Corrections are possible at any time and actually I wouldn't call recent lower price a dip but smaller correction.
Although it looks like price is heading towards 10000$ be prepared for this not to happen and price might gow to 8000$ or even lower again.
2102  Bitcoin / Bitcoin Discussion / Re: Crypto Debit Cards and KYC on: June 18, 2019, 07:11:19 AM
KYC can't be avoided anymore and everyone who gives any kind of financial services, no matter crypto or fiat, and wants to run legitimate business should performe it. The same is with crypto debit cards. I.use one for a very long time and so far didn't have any isssues.
But these are very sensitive personal data and shouldn't be shared with third party or used for any other purpose. That is why it's very important that company or service provider that requests KYC is trustworthy and strongly sticks to law and regulations. KYC is also a platforme for various frauds so be very careful when you provide your data.
2103  Alternate cryptocurrencies / Altcoin Discussion / Re: After ICO, the tokens sank in price. Why? on: June 17, 2019, 06:21:18 PM
Obviously that was just hype without real background. Bad judgement and project that had no future and ICO showed the real picture. Unfortunately there are too many such projects where developers are just greedy for profit and at the end users lose their money. No real business case, no money, that is how it's functioning, don't forget that so be very careful which coin.you choose.
2104  Economy / Trading Discussion / Re: what trading has made me on: June 17, 2019, 02:22:01 PM
Trading could be addictive. That is the reason why some compare it to gambling. Once you try it and have some success it's hard to stop. But I think it's important to know when to draw the line. When trading starts to rule your life a and you start to watch the market 24/7 maybe it's time to make a pause or to stop completely.
2105  Bitcoin / Bitcoin Discussion / Re: Will You Advise Newbies To Enter Bitcoin Now? on: June 17, 2019, 11:53:54 AM
Maybe now it's not the ideal time for newbies to enter the market but then again it depends how much previous knowledge they have and what are their expectations. If they are only after fast profit they might get disappointed.
Anyway, I would suggest them to start with small amounts and learn as much as possible before they start with some serious investments.
2106  Economy / Speculation / Re: On short-term traders on: June 17, 2019, 09:54:57 AM
I think that everyone who has chosen some of trading strategies has carefuly analised pros and cons. At least that is how it should function.
Short term trading is more risky but the profit is usualy bigger and faster. No matter the higher risk I wouldn't call short term traders gamblers, just people with the bigger risk apetite. And as long you know what are you doing there should be no problem. And if you choose short term trading be prepared to get fully dedicated to the market.
2107  Bitcoin / Bitcoin Discussion / Re: Bangladesh is going to accept Blockchain technology. on: June 17, 2019, 06:57:35 AM
Blockchain is widely applicable in all kind of industries. Private companies use it already, governments are not deeply involved yet so it's good to see that Bangladesh has made that step. And this is something that becomes usual in developing countries. They accept new technologies much easier and without major regulation restrictions, probably because they want to try everything that could help them with economic growth.
2108  Economy / Trading Discussion / Re: Is this the ideal time to buy Bitcoin? What do you think? on: June 16, 2019, 08:47:04 PM
Right now situation isn't ideal for buying because the price is rising. Still for an investors with plan and strategy it's always a good time for buying Bitcoin. If you have some extra funds you could invest then buy. But don't get disappointed if some corrections come soon again. Hold long enough and the profit will come but you have to be always present on the market and watch the situation closely.
2109  Economy / Trading Discussion / Re: technical analysis is enough to be successful in trading ???? on: June 16, 2019, 12:53:29 PM
If only techinical analisys is enough to be good trader then everyone would be successful trader, they would just follow tecnical data. But you have to be complete and combine data with experience, knowledge and your intuition. Although too much emotional engagement isn't good you can't behave like a robot so that human touch is also important. Good trader should really be able to have and overal complex view on market and all circumstances in order to be successful.
2110  Economy / Speculation / Re: Bitcoin dashing towards $10k or more on: June 16, 2019, 11:04:47 AM
We' ve been in similar situations already. Price seems going up very fast and heading towards 10000$ or more but then pulls back again. It's nice to be optimist and to prepare for profit but don't forget that corrections are always possible. Although price looks promising now I'll wait a moment before start to celebrate.
2111  Bitcoin / Bitcoin Discussion / Re: Fiat = real money, Bitcoin = crap According to Kevin O'Leary on: June 16, 2019, 06:53:44 AM
Fiat has its own advantages and disadvantages and Bitcoin has its. Cryptocurrencies will not replace fiat and that is not the goal but with time they will become more equal and more accepted. Bitcoin isn't ideal money and we have to accept that but it's still good alternative to traditional fiat currencies.
Regarding Kevin O' Leary everyone has the right to the opinion but we don't have to listen to it. There are too many so called experts that think they know everything about Bitcoin but people should actually ignore them because they have no credibility.
2112  Economy / Marketplace / Re: Bad "good" news. on: June 15, 2019, 07:08:42 PM
When searching for good information relating to crypto people often don't make any selection and beleive everything they read or hear. Especialy " dangerous" are social media because there are a lot so called experts with their expertise that is often false or misleading. It's not easy to find trustworthy information and you always have to make double check and rely on common sense.
Try to find some trusted sources that have good references and always compare and alalyse data you get.
2113  Economy / Trading Discussion / Re: Day trading! The good the bad and the ugly on: June 15, 2019, 04:52:14 PM
As far as I know day trading ends up bad and ugly for many traders. Although it could be very profitable it's also very risky and many don't manage to make profit and often struggle with loss. It brings a lot of pressure and not everyone can hold that. But it's good to try and see where your limits are.
2114  Bitcoin / Bitcoin Discussion / Re: Verification of identity compulsory on transactions over $1000 on: June 15, 2019, 10:35:08 AM
We can see that more and more rules that are aplicable in traditional financial world are also implemented in crypto world. KYC is one of them.
It's interesting though how many users complain about increasing number of frauds and misuse of cryptocurrencies but on the other hand they extremly hard accept mechanisms that could help in dealing with such issues.
2115  Economy / Speculation / Re: Bitcoin at $9,000 by the end of the year on: June 15, 2019, 06:22:51 AM
in fact, the price of bitcoin is currently increasing and will soon reach a price of $ 9,000. seeing this, I think the price of $ 9,000 will actually be achieved this month. well, maybe after this, we can expect the price of bitcoin to reach $ 10k / $ 15k.

This sounds logical and curently we can see the price is rising and it seems that very soon it could touch 9000$. However, don't forget how easily price can change direction and corrections are always possible. So even if it reaches 9000$ there is no guarantee it will continue to grow towards 10000$ or more.
2116  Bitcoin / Bitcoin Discussion / Re: Americans need to lobby their legislators on: June 14, 2019, 08:06:04 PM
I posted at least four different threads in the last week about what FATF would do.

Now you see it. Binance is forcing KYC on the globe and kicking americans off. Do you get it yet? Do you understand how this is going down? Do you realize how much financial opportunity is going to be taken from you as you are barred from the global cryptocurrency economy? While the rich are allowed to do series A accreddited investing, institutional swap trading, and foreign trading of the most speculative altcoins. Do you realize this is a tax grab and a corral, this is not about fraud, it is about classism. Don't be deluded.

Yes US citizens can't trade anymore, I guess. Every platform follow this rules. Even Bittrex following now.

And what is so bad about KYC? This is not a tool against the users but it's actually for their protection. In.Europe this is quite a normal thing for a long time now and everyone who wants to run legitimate business should performe KYC. I guess this is something that Americans should get used to.
2117  Economy / Trading Discussion / Re: What is the next trading method that I should learn? on: June 14, 2019, 03:37:43 PM
If you are good in scalping like you say and this is one of the most demanding types of trading why would you look for something else? If it gives you profit stick to it.
And if you are really eager to try something new then long term trading might be the aswer. It's not so exciting but you could combine these two.
2118  Economy / Speculation / Re: Do you regret it not selling at peaked on last jan 2018 ? on: June 14, 2019, 01:12:34 PM
I think that everyone has its own goal for selling or holding coins. Someone who wanted to make sone really good profit might regret not selling at the peak but at the end this also depends on the moment when you bought the Bitcoin and on what price. Also, it's hard to say when will Bitcoin price be again this high or even higher and since no one doesn't have cristal ball it's necessary to have your own realistic goal and strategy so that you don't regret anything later.
2119  Economy / Speculation / Re: Bitcoin at $9,000 by the end of the year on: June 14, 2019, 12:17:08 PM
It is possible that Bitcoin can reach $9k by end of this year because today it just rose back to $8k. But let's not give our hopes up that high yet because the world of crypto is unpredictable. We will just have to read and look at new updates with regard to the buying and selling of Bitcoin and hopefully no one would dump their Bitcoin too. Just keep on hodling if you still can.

The price has crossed 8000$ but that doesn't mean it couldn't pull back again. We've seen similar scenarios many times so far. 9000$ seems so close and it could be reached in.couple of days but it might as well take couple of months or even longer. Many people will hold, no doubt about it, ecxpecting for Bitcoin to reach even 10000$ or more.
2120  Bitcoin / Bitcoin Discussion / Re: Is limited supply money such as Bitcoin better than the ... on: June 14, 2019, 04:36:01 AM
Bitcoin is actually not the money by definition but it could be used as such. And its limited amount is kind of disadvantage but it's wrong to think that fiat currencies could be "printed" just like that, that would cause inflation and other iregularities. Every currency has its rules how it's functioning and how it's part of financial system. So Bitcoin has its own defined framework and once supply is filled that might cause increased demand.
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