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2121  Economy / Trading Discussion / Re: Be careful with fake exchanges on: October 08, 2018, 01:25:40 PM
I'm here for example I do not understand how you can trade on the sets of exchanges, and even more so this applies to those exchanges that no one knows about.
Phishing is one problem everyone needs to be really careful about, if you are using an exchange and have your money in that exchange than just bookmark that exchange so you do not have to type into google each time, you can have it bookmarked and click on that each time you want to visit.

That is the simplest way to be away from phishing because you will not be googling anything and just going straight to the website itself thanks to bookmark. Exchanges that look legit but are actually doing ponzi scheme just allowing people to withdraw from each other until one day there are no money left because they got it all is still a serious problem tho.
2122  Alternate cryptocurrencies / Altcoin Discussion / Re: Can the world really go digital with crypto? on: October 08, 2018, 11:57:30 AM
Ofcourse the whole world is changing and young kids will be our saviour in the future, if most of all the GEN X gone. Millennials will rule the world of crypto/digital. Remember the Dot.com bubble? When GEN X was totally disagree on the system and now they're adopting it.
We can go "semi-digital" with crypto. We can definitely digitalize many things thanks to crypto, finance being the most important one but with blockchain many things can digitalize however in the end there will always be pen and paper people.

For example kindle has brought the world of books into digital world and there are millions of people who read book on their kindle and tablets and buy ebooks instead of real books (which real saves a lot of papers and space on bookshelves if you think about it) but do not we still have regular books? We still have regular books. Crypto will make our world "semi-digital" at the same logic.
2123  Economy / Speculation / Re: Tom Lee, from bitcoin bull to bitcoin bagholder on: October 06, 2018, 11:39:36 AM
Just because someone bought from high prices doesn't make him a bagholder, he can drop his averages down from buying more which as a rich person he can definitely worth doing it and probably doing it plus being behind a project means being behind it on bad days as well as good days. I have been here for over 5 years now and I am supporting bitcoin from highs and lows and really don't care where the price is going and I will still be here.

If you are not supporting bitcoin because the price went down than you are not supporting bitcoin at all and just trying to make money for yourself. Which makes you the bad people bitcoin was invented against.

That is what a bagholder would say hehehe. Bagholders say things because they are so sure that their coin will make the new highs again even if the price today is saying that there is a possibility that it might not occur.

I might appear that I am teasing you, but we should be honest with ourselves. We are taking a risk, nothing is certain.

that is stating the obvious, nothing is certain and we are taking a risk but we are talking about chances and potentials. unless you think bitcoin's potential has just ran out and the adoption has hit a brick wall and stopped there is no reason to believe price isn't going to rise up.
and the current price is not giving us any reason to believe otherwise. price is currently stable and looks more like a solid accumulation phase just like the couple of prolonged accumulation phases that bitcoin had in the past after each of its bubbles. each of which eventually led to a bigger rise.

Agreed, until there is another dump. Then we would need to adjust our estimates again and set our expectations lower.

Also, before the year ends, what would that say about Tom Lee if bitcoin does not move up on top of $10,000? Was he lying, was he naive or is he a bagholder? hehehehe
Grin let the man be! He is just really speculating anyway and there is no harm in that, and it is not like his speculation is not reasonable, at least a lot better than those who are calling new ATH before the end of December. The thing is that we all cannot know what the market holds and surely I am certain Tom would come with another excuse if the price eventually does not get up to $10k by the end of the year but all the same, looking at the way things are presently, there could be a chance based on however the market tend towards before the end of the year, either upward breakout or downward breakout from the descending triangle.
2124  Other / Beginners & Help / Re: How to find good bounty ? I need you . Help me ! on: October 05, 2018, 11:01:16 AM
the project and ICO are a plan and this has no reality, for that we need to deepen the whitepaper and roadmap for the project. I see the bounty manager is the key to the initial success of a bounty and then the team that will take them to the market
Forget the roadmap and the whitepaper focus more on the team get a glimpse of the project summary in all, then, look at the availability of a real product and something that would really be of huge relevance in the long run which would make the demand for it become something of a reality than a fluke.

Finding good bounty is not hard at all, just know that whatever you are doing, you want to be sure you are working with a team that is experienced and trustworthy, and you believe in the long term of the project, and you can then decide to check the whitepaper and roadmap or whatever else afterwards.
2125  Economy / Speculation / Re: I never held this much bitcoins. on: October 05, 2018, 10:19:40 AM
I jus dump half my investment from stocks into btc. Now I'm fully invested in bitcoin. Before I had invested in bch and it dumped. While I converted to fiat. Long story but I'm still alive after the ath 19k n buying the dip. I thought it was going to 4k. But i guess its a good time to buy now. Best of luck.

I think its time for buying more bitcoin. Bitcoin price already drop more than 60% from ATH and i am believe the price will recover soon or later. Better make long term investment on bitcoin because bitcoin have biggest liquidity in market and more people will invest in bitcoin
Well, half investment from stocks to bitcoin is not a bad deal; at least, as that shows you are trying to touch all zones of the market. Now, it is a good thing that the OP understands the market could go lower, and he is still willing to take the chance anyway, but I would have advised him to allow the market to really make a decision before even making such a huge decision.

At least, since he has been in the stock market, he should have some little understanding of how market works, and knowing we are in a descending triangle, and the market breaks lower, we may not be sure yet how low it gets until we get there.
2126  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Cryptocurrency October discussion on: October 04, 2018, 09:49:10 AM
I hope that this month, will welcome a strong capitalization from new investors, then the market will flourish, and you, do you think like me?

Q4 is up trend period of crypto currency, but I don't know which month, What make you think it is October, can you please explain ? I think it will be December because of ETF decision
For a while now, we have always seen the last quarter being the quarter for the bulls and we have seen how things have always been over the years in this respect.

However, no one can really say what time or the part of the month when we are going to see anything serious and I would not be surprised bitcoin may not even make much move upward and could go sideways during this period while the alts tend to do its thing within this short term.

The market is highly speculative and we sure know how traders and gullible investors can quickly react to a moving market and before you know it, FOMO kicks in.
2127  Economy / Economics / Re: Companies that are scary on: October 03, 2018, 10:30:49 AM
I'd think facebook is scsry for me because i myself am a heavy user of it and almost all my apps are synced up to it so I don't need to enter my passwords all the time. That being said, there is alot of pertinent dta there about me. Although this data in itself is not important, but combined with others, it's dangerous.
You better watch out bro! You are being monitored and your data is being collected across board. Grin Just kidding though! However, it is still something you always have to take into consideration when it comes to data and with some of the news we have heard in the past about Facebook selling the user's data to highest bidders which to me is highly unethical.

Sure, we can say we share data everywhere and as long as we are on the internet, data are prone to be leaked sometimes, if it gets into the wrong hands, but whichever way, in this case, what can we really do about it?
2128  Alternate cryptocurrencies / Speculation (Altcoins) / Re: STABLECOIN: comparison and opportunities on: September 29, 2018, 01:38:26 PM
All specialized newspapers and magazines, forums, chats, reddit, twitter, etc. they are talking and commenting on the announcement of Circle to create its StableCoin (USDC); at the moment little news has been leaked except that at the launch USDC should exchange on Polinex (bought by Circle just a few months ago) as well as on OKEx, DigiFinex, CoinEx, KuCoin, Coinplug and XDAEX exchanges.

Many are saying that soon USDC will replace Tether and replace it soon.

https://www.coindesk.com/usd-coin-arrives-circles-crypto-stablecoin-is-now-trading/

There is no doubt USDC is a good addition to the space, but it is too premature for the talk of it displacing Tether, I know Tether is not perfect but with a marketcap of over $1 billion you need to do a lot before you catch up with that. For me the competion with help drive the prices of Crypto assets up.
Agree with this totally! The thing is in as much as the USDC would be just another option in the space for stable centralized coin; it still does not just mean all of a sudden everyone would just discard the usage of tether completely.

There is absolutely so much to go around, and apparently like someone said, will be backed by real fiat eventually, and for the fact that Tether has grown huge over the years, and being widely used across board, makes it so hard for a new stable coin to just displace it, when it is not like it has something different or better to offer than just the capability to use it to hedge funds.
2129  Economy / Speculation / Re: Invest on Bitcoin now or wait? on: September 29, 2018, 12:43:17 PM
The price of Bitcoin now is very appealing, considering that the price of $6,600 last year was reached at the last quarter of 2017 then it started to crawl up to $19,500. If all happens the same just like last year, then $20,000 USD is just a piece of cake. But consider selling a portion of your profits when you reached a goal to secure your profits and keep some in case price continue to go up.
Not understanding what the future holds is one of the reasons why a lot of people have missed out in getting a huge benefit in the long run. It would only take someone smart, who really understands the long term benefit to focus on the long term and always see times like this as the best time to invest more for the long run.

However, due to the fact that some people just want to get rich fast, they tend to focus so much on the short term and that simply shows the reason why they have no plan whatsoever when it comes to investing in the market and they either join FOMO or panic when there is FUD.
2130  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Sell bounty token at a loss? on: September 28, 2018, 12:47:59 PM
If I get free token from bounty will directly sell when it listings in the market. When the prices down then still profit, because the free token. If the token good better to investment the long term.
Selling directly at loss or selling at a good price? These are totally two different things. A lot of people tend not to realize that as long as you are selling at loss, you are basically a weak hand in the market and you are not actually doing yourself good unless maybe you are a trader and you are looking to buy at a lower price.

As long as a project still have a good product, a great team and possible chances of developing hugely in the future, I wonder why anyone would want to throw away the chance of getting a long term benefit just because of the short term gains that amounts to nothing.
2131  Economy / Speculation / Re: When is bitcoin bouncing back on: September 28, 2018, 12:08:38 PM
in my opinion, the price of bitcoin can return to a very expensive price when there is good news and when the demand for bitcoin increases and when the total supply of bitcoin is up, I'm sure the price can be very expensive and can bounce back more than last year's price.
Obviously, at some point in coming years, I expect the price of bitcoin to move up pretty well but not in the short term. We still have chances of actually seeing bitcoin doing some pretty good movement upward this year, but I really would not want to put so much mind on a price above $10k, as that would not really be something I would want to pay so much attention to, judging from the downtrend nature of the market presently.

However, looking at the possibility of the future, this is something that is expected anyway and one of the reasons we will always keep clamoring that people who whine and complain about a downtrend market should see it as an avenue to start picking up the dips.
2132  Economy / Economics / Re: Proper Regulations Will Boost Confidence in Cryptocurrency Sector: Abu Dhabi Reg on: September 25, 2018, 12:01:46 PM
Proper Regulations Will Boost Confidence in Cryptocurrency Sector: Abu Dhabi Regulator
The regulatory chief of Abu Dhabi’s international financial center and free zone has called for tighter regulations for cryptocurrency trading and ICOs while recognizing the growing global industry.

Nearly a year after issuing its guidelines for cryptocurrencies and initial coin offerings (ICOs), effectively regulating the industry, the Financial Services Regulatory Authority (FSRA) is sharing its framework with its regulatory counterparts around the world.

“This space needs to be properly regulated, otherwise there is the risk of financial crime,” FSRA chief executive Richard Teng was quoted as saying by The National. “Every time a coin gets stolen or lost, it affects the confidence in this asset class.”

Notably, FSRA chief executive Richard Teng insists that “a lot has changed” over the past few months in a changing landscape that forgoes fears associated to cryptocurrencies to the recognition of a growing industry that requires guidelines to responsibly develop and encourage the sector.

He added:

“We are confident that our comprehensive regime – which we have shared with global regulators like the [U.S.] SEC, the UK Treasury, Financial Conduct Authority and Bank of England, and regulators in Singapore, Hong Kong and Japan – can address these risks and bring greater confidence into this asset class.”

The Abu Dhabi regulator’s comments come at a time when lawmakers in the U.K. urged the government to prioritize regulation of the cryptocurrency and ICO space in a Treasury Committee report published today.
https://www.ccn.com/abu-dhabi-cryptocurrency-regulations/
A lot of people have been skeptical with the idea of regulation, but if we really want to be truthful to ourselves, without regulation, this space will not grow quickly and it may actually be the beginning of its downfall. Certainly, regulation does not mean the government will simply have full control over the whole space as long as nothing changes in the protocol.

However, when the activities surrounding it are regulated, people are called back to order, steps are taken to eradicate scams, and then, it would really be a good way to start.
2133  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrency to be Taught in Schools? on: September 22, 2018, 11:25:55 AM
I believe that in future crypto currency will become the main mean of transaction .We must learn the practical use of it. It will happen if we deal in the market. In school we can learn only theoratical part.
If that happens, it won't be soon. Cryptocurrency is a young and fragile financial instrument. I think if the state allows it-we will be able to see it.
Yeah, this is still a very young space and a lot of people are still skeptical about the subjects anyway and really do not know what the future holds. Certainly, when things start going on better grounds positively, we might end up seeing things like this happening and then, students and everyone all over the globe trying to get a clear understanding of all they need to know about the space, past events, present development and the future benefits.
2134  Economy / Marketplace / Re: Why I think blockchain will revolutionize small business marketing on: September 22, 2018, 09:54:51 AM
The blockchain technology has been identified as a means of supporting and boosting upstarts and small businesses. The open source protocol, transparency, and peer-to-peer interactions makes it suitable. Your idea looks good on paper. Time to get to work.

I believe on the same thing. While cryptocurrency is at the turmoil right now and greatly riddled with so many scams and frauds, the technology behind this all which is the blockchain that is the one which is more important and has the potential to revolutionize many sectors including the SMEs players. Small business can be lean and can easily adopt to new technologies provided there is already an available infrastructure they can easily use...this is now the challenge of many providers to come up with the effective, robust but very much affordable platform for small business that can bolster their business and can level the field in the face of so much competition for customers' attention and purchasing power. This is the time for small business to shine...
We are all in it surely for the technology and the whole scam thing is just a distraction from scammers and those who are looking for different means to get rich over night without having to take their time to study and understand the market they are in and how to play safe.

I believe with Small and Medium Scale Enterprises, adopting blockchain technology, it will certainly help in boosting their business in a whole lot of way than we can even imagine. I guess we are already beginning to see that gradually anyway and I believe over time, we will get to see more.
2135  Alternate cryptocurrencies / Altcoin Discussion / Re: My Sad Story With Ethereum! on: September 22, 2018, 07:38:28 AM
As others say, we all do mistakes and many guys here made some type of mistake at the end of last year, some bought coins and some just not sold them while on high. But the good thing is as I believe we don't want to pay for these mistakes with money, we should pay just with time, we will wait and after some time it should be possible to sell our coins with profit.

Well, no one is certainly above mistakes, and what is important now is to take advantage of those mistakes and do well with it in the long run. Now, in this situation, I expect that rather than anyone to be complaining about the market that is down and the losses they have accrued, they should understand that the mistake they made in the first place was to buy the peak, now, all they have to do is the opposite by buying the dips to compensate for their investment in the long run, rather than worrying which does not solve any problem
2136  Economy / Economics / Re: Money Matters on: September 21, 2018, 10:31:45 AM
Isn't it interesting that those who pontificate that "Money is not everything" usually have money?

Be broke for a few weeks unable to pay your bills, pay rent and afford basic necessities, and then let's see if you'd still hold the same position about money.

Let us be sincere and stop fooling around; MONEY IS SOMETHING! A very huge something!! At least in this present world. Might not be a big deal in another world. But in this world? Save me the sermon.

Without money in this world, rarely does anything get done. In fact, many things suffer needlessly without money. Even the Bible is flat-out frank enough to recognize the fact that money answers all things in the context of this present world. It doesn't say money is "the answer to all things" but it answers all things.

So please, before you sermonize me that money is not everything or that money is no big deal, credit my blockchain address with one thousand units of Bitcoin and forget about it. Then I'd believe you. In fact, I'd sing it along with you...money ain't nothing!
The fact that they have money does not mean they should fix their mind on money being everything! Ok I take that back!! Grin Whether we like it or not, money answers most things, at least with money you can take good care of yourself, you can live the life you want, you feel even more relaxed sometimes.

However, I can agree that money can help solve most things, but certainly not everything. In this part of the world we are living in though, if you do not have money, you certainly will have more problems.
2137  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you still belive in Crypto ? on: September 17, 2018, 12:34:28 PM
I know its a silly question looking for what is happening with market and like everybody i still think if even this year will be bad the next one should be better and even then crypto is still young (except bitcoin but what is 10 years). Do you guys still belive in alt and bitcoin? And im asking about technology not only a price couse price is ambivalent if we focus on technology
Even if the next year is worse than this, that does not change any fact that this is the future and what is there not to believe. At least, I believe in blockchain technology, I believe in decentralization and I believe in the power I have to control the way I spend.

With all this checked, I really do not care how the market tend to do in the short term, as I am more focused on what the long term holds and if the market even gets lower than this, like I have always been doing, I will buy more.
2138  Economy / Trading Discussion / Re: Always keep fiat while holding on: September 17, 2018, 11:09:19 AM
That good thing, actually. You'll never know. Some old BTC whale can come up and dump a bunch of bitcoins, the price will rekt. Always good to have fiat to buy the dip
That is actually the only way so far that traders and investors tend to hedge their funds against the market volatility and in cases where the market is turning down fast, this is when you want to be out of any crypto market and pull into fiat.

It is a norm and that happens in stock markets too. So far, we all know there is no way with the volatility of the market that fiat is not important most especially when it comes to trading.
2139  Economy / Economics / Re: Exchange market data manipulation bringing the whole crypto market down? on: September 15, 2018, 12:12:33 PM
I do not think just because there is a manipulation on the exchange market data the whole market is reacting according to it. I mean I am not arguing against the fact that there is market manipulation but the manipulation of data is not the problem, the problem is the manipulation of peoples thoughts on the price trends, the price move according to what people think it will do and when you manipulate enough people to make them think the price is going down, they will sell and when they sell the price will go down, just a big whale (or group of whales) selling a tiny amount can make a snowball affect on the price.

The process you describe here (which is properly called crowd manipulation) exists everywhere. It is conspicuously omnipresent in politics since ancient times. The methods and instruments developed and sharpened there through millenia are working exceptionally well with financial markets too. In fact, I would even say that in this field specifically they are working even better than elsewhere because people here are easily susceptible to fear, uncertainty, anxiety, doubt, i.e. everything which promotes successful manipulation

So no surprise that people get manipulated constantly
Exactly! Forex, Stocks, Cryptocurrency all fall in the same category of being manipulated even though the level of manipulation may differ. On other note, this is a highly speculative market, and obviously no whale will want to manipulate a market that would not eventually pay him.

In this way, it is more like reading emotions through the chart, doing the needful, getting the response desired from other traders response, both professional and wannabes, and then they just simply rinse and repeat the process every single time.
2140  Economy / Speculation / Re: Bitcoin breaking $20,000 again? on: June 26, 2018, 12:13:45 PM
We all have seen how bitcoin crossed $20,000 in December . When do you think this will happen again?




There is a huge chance that the price of cryptocurrency or bitcoins might surpass $20k dollar before the year ends or maybe it will surpass the previous price due to new investors who can invest in the market since a lot of new countries today are legalizing cryptocurrency.
We may see a better value higher than the 20k dollar target which was the highest value last year. We can say that it will improve more than the highest recorded value because the average value of Bitcoin increase with the passage of time and this time the highest value this year will be higher than the previous highest value.

Remember that focus should be only on your current strategies and decisions because predictions are just predictions with uncertainty so the important thing is to focus on investment.
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