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2241  Economy / Economics / Re: Demand for computing power on: January 12, 2020, 02:38:46 PM
Yes. I think they were originally made for such jobs, computers in general that is. To solve, or calculate numerable equations and formulas that the human mind would take too long to solve, so that they can progress through various researches and studies. Unfortunately, for AI, there isn't much known since the most advanced AI of today is just a bot which has access to large data storages that match search anything that is asked, which is good, but not good enough imo. Mining farms should still stand for years to come, since constant development would probably occur to increase the speed it takes, so I doubt it would die anytime sooner.
2242  Economy / Trading Discussion / Re: I trade with the knowledge of others. How do you feel about signals, closed paid on: January 12, 2020, 12:36:43 PM
I won't tell you to stay away from those kind of groups, since it seems like their signals and analysis has so far helped you profit, but do be careful with mingling with them. The time you trusted them doesn't really mean anything, especially since we are talking about money here. Do your own analysis and research and cross reference your results to theirs, and if there's a discrepancy, a large one enough for you to doubt literally everything they say, don't trade. Just be careful and stand your ground to what you think is right, not what they think.
A friend's suggestion will only be a consideration for me and does not mean trusting or following a friend's advice because the final decision will be determined by myself, and besides I study or find trading information from the website and see the tutorial on YouTube.
and more importantly I have to do it directly and experience it because with that I will get more lessons and more effective experiences.
Indeed. It's still different to experience research and analysis yourself, and really, its hard to believe someone else imo. Idk how OP does it.
2243  Economy / Trading Discussion / Re: Where to buy Bitcoin anonymously in US on: January 12, 2020, 12:02:13 PM
Peer to peer. Either through exchanges or through offline meetups (Which I recommend further for safety and security purposes). Only way I know that is guaranteed though. Also, to get an ATM card, you'd have to register at some bank/company, so as far as I know, no, there aren't any companies that don't require ID's. Also, miners could be considered as traders as well, so feel free to ask and trade with them, as long as they agree, then it should be quite fine imo.
2244  Economy / Speculation / Re: Dont let them fool you. We will see a NEW BOTTOM. Maybe BTC at 3400$ again? on: January 12, 2020, 11:32:48 AM
Well, Anything could happen tbh. Just by the facts of showing a logarithmic chart doesn't necessarily mean that BTC would bottom out, and even if it did, doesn't mean that it would bottom out this halving. Though I got to agree with how the halving news is being spread about everywhere and FOMO can literally be seen on every page of the forum. And with that development, you can really expect either a large amount of traders celebrating or a large amount of traders weeping by the end of the year or so.
Just for your info, i have been trading since 1998 (yeah, i am a 41 years old guy)
Ur like 22 bro, not 41. Just saying.
2245  Economy / Exchanges / Re: Here are the list of some exchanges that closes in 2019 alone on: January 11, 2020, 01:03:25 PM
And more would probably close down this year. Well, one closes, two opens in the crypto scene tbh. The allure of the crypto market is just way too juicy to miss out on, and as such, the cause for a lot of exchanges to pop up even though they know they aren't going to become reputable in a single night. That's also the cause as to why most exchanges just went about with scams instead of legitimacy since they still had a chance to profit quickly there unlike normal exchanges sadly.

I've tried using Liqui and Cryptopia before, but just used it. Used them close to 3 months then decided to stop trading for a bit. Returned and they already closed down sadly enough.
2246  Economy / Gambling discussion / Re: Gambling effect to husband and wife on: January 11, 2020, 12:14:00 PM
Why generalize with the husband the one gambling and the wife the one asking questions. Could be vice versa tbh. Anw, I agree on the talks of others about its how you control yourself, the amount you bet, the greed you have, but if its in terms of family talks, the one where the wife is actually included, it's a lot better to start with talking about it. Families get destroyed by jealousy and distrust because of not talking to each other about problems, about hobbies that maybe seen bad in the eyes of others you know. Gambling isn't a bad thing. It would be, if your using the funds of your family like the money to be spent on everyday expenses. But if your family knows your gambling, they could allocate money into it, albeit small.
2247  Economy / Trading Discussion / Re: Ruined my account through multiple mistakes on: January 11, 2020, 11:13:52 AM
Nothing you can really do about that. There's the euphoria in earning quite big sometimes and you can't really help but think, what if I can win more? What if I can actually duplicate this amount again? kind of thing, which I think all of us has experienced at least once. There are a lot of ways to counter these problems such as forcing yourself to face reality, studying the possibilities, or just plain "I'm satisfied with what I have" attitude. That's just the way trading is.
As for the rally this halving, Accumulate. By the end of the year should be the time for your comeback, but could be a small margin only though. Still, your a day trader so this may not apply to you sadly enough. It's kinda difficult to see the market daily since there are a lot of changes.
2248  Economy / Gambling discussion / Re: What's in the game, after all? on: January 11, 2020, 09:57:58 AM

But that's what I'm talking about. You understandably feel good, but what is that feeling good made of? If you get the feeling that the universe is on your side, doesn't it mean that you are controlling your chances, i.e. things bending to your will and happening how you envisage them?
Not answering on his stead, but kind of yes. It's a very stupid feeling, like you can actually say, "The world is in the palm of my hands" kind of thing? See, not saying for others but for me, My sense of satisfaction is actually pretty easy to sate. Just let someone sing praises for me like every now and then, and I'd actually blow my horn about it all the time. I guess that's how gambling games are made so that they can entice more people to play. The sense of satisfaction you get is one that you rarely obtain because well, lets be honest, who wins every time in gambling right? So when you do, there's this feeling of euphoria or something similar
2249  Economy / Economics / Re: Question about inflation and debt. on: January 11, 2020, 04:01:34 AM
No. Printing money was never a way to combat debt, more like, it increases it instead. There's the fact that it pushes the economy forward, but nonchalantly printing more money is not the way to go. Inflation is helpful for the economy but it must be managed and controlled to helpful levels.

As for bartering, nope. The currency system was developed because of the fact that Barter system involves unfair judgement most of the time. It involves the factor that the buyer "Needs" the item, which causes the item to go above the market price, which in the end ultimately defeats the concept of "fair trade".
2250  Economy / Economics / Re: Since 2009 There Was A 500% Increase In Internet Traffic. on: January 10, 2020, 03:09:26 PM
Blockchain isn't responsible for possible expansions of cloud storage though. Even if it is, It wouldn't do the job any better than the current internet service providers the world currently has. We're talking about speed here, and Blockchain, with the many processes it actually needs to finish a block, would never hold a candle against the other ISP's.
I've seen this personally. I'm from the generation that had "dumb phones" and we had to go to internet cafes to do our research. Now pretty much the only thing people here go to cafes for is play games if their PCs are not that good for gaming.

But even that is starting to dwindle as many mobile games gain more popularity. I believe they are now also included in esports tournaments, which used to be only PC and console events. I wouldn't be surprised if a large increase in traffic is due to kids spending alot of time playing on their phones.
Especially with the portability of Smart Phone, which is the best feature of it compared to Pc's. It really brings the concept of gaming anywhere tbh. Just that, it's immersion is kind of lacking compared to PC which is nothing really new.

so what is the connection with this to crypto   ?  i was just speed reading on what is written on the first page but i havent see the word crypto or blockchain , or if it was on the full article provided on the link  . 

i was only expecting that youl say that crypto can also end up just like internet where its users can also increase in the future   . why not  ? crypto and internet are both useful so the demand will remain growing for others that havent used it  or only just discovered it lately .
Nothing tbh. Just that the article/companies are connecting it to blockchain somehow for a reason I don't really understand. Kinda forcing it to be in the news you know?
2251  Economy / Trading Discussion / Re: Full time trading is boring on: January 10, 2020, 12:53:30 PM
It is. I mean, if you're in it for the money, profit, etc, it is really tedious and boring. But if you really like charts, analysis, flow of stuff etc etc, Trading would seem really fun. It's pretty dependent on who yourself you are tbh. That's why some people find enjoyment when doing stuff that seem boring and tedious to others. It's just like that.

If you really want to profit but find trading boring, just do what you need to do and separate yourself from it for the rest of the day. If you need something to push you, think of it as something that could give you the things you want. Without a big enough desire though, nothing would really give you the push to do something you don't want.
2252  Economy / Speculation / Re: Bitcoin going beyond $14,000 before May, history repeating itself on: January 10, 2020, 07:48:26 AM
A hike of I'd say by the end of the year sounds right. Though judging by the past halvings can be a bit of a forced push tbh. Sure, almost every halving, we have seen an almost same development, just in different scales. The latest one was the biggest one so far, but when compared to the others, it was just a larger scale, halvings bring BTC to new heights. But expecting it to happen this year seems farfetched and the same time you can't really help but believe it because of what happened in the past.  

Back on topic, if the halving does indeed have an effect, 4 months or so should be enough to see it. If we see a slight decrease then sudden rally after 4 months, then that may be an indicator of the halving actually has an effect, one that is the same of the past.
2253  Economy / Trading Discussion / Re: Easy way to accumulate BTC while still Hodling. on: January 09, 2020, 02:23:31 PM
I am stating that these big companies like Local Bitcoins and Paxful are indeed large and very powerful, but they are not at a point where they cannot fail. If they were as big as what some people say in this thread, then platforms like Vertex would never get a trade, however there is growing volume and traffic on Vertex.

The P2P market is growing exponentially and if Vertex can capture just a small % of that growth then it is in for some serious volumes.
If they can fail, what makes you think your platform can't? At least, on their part, if they fail, WE know we can trust them to make it up to us. I'm not bringing down your platform or anything, but reputation precedes every type of quality you may present to us. And since your pretty much trying to fight over those big companies whom have existed for some time already, Give us something new. Something that would make us switch over to your platform, instead of saying that they would fail and you would not. Empty words tbh. 
2254  Economy / Speculation / Re: My theory: no more significant price drops as we approach halvening on: January 09, 2020, 01:31:45 PM
Possibly. Honestly, FOMO plays a huge part in this kind of speculation, and if someone actually manages to induce something that prevents FOMO, market could pretty much go under in just a few weeks. A few weeks later though, FOMO should bring up the price to new heights with quite a high chance, especially since the market has calmed down and it seems like everyone is pretty much just waiting for the FOMO factor to kick in. Though if a price drop were to happen, and a significant one at that, we could only expect it to be the halving as the cause, that or something negative, much so that it actually buried the halving underneath it.
2255  Economy / Speculation / Re: Bitcoin price on Chinese New Year on: January 09, 2020, 12:26:22 PM
A bit of price increase, but that's it. Any long term effect regarding the Chinese New Year is honestly non-existent. Price movement is also quite minimal, but nonetheless possibly enough for day traders to make a bit of a profit, I'd say around 1 or 2%? Still, there are a lot of possible influences back then, I didn't really do much research but in general, Every yearly holidays should be thought of as something that increases the price of BTC, albeit only by a few percents, and the change doesn't really last, maximum of a few days I'd suppose.
2256  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Which crypto is good for long trading? on: January 09, 2020, 10:48:33 AM
Any belonging to the top 5 if you wanna make sure you would profit. But if you want to make the big bucks, research on your own about some of the new coins out there, if you manage to find a seemingly good investment, it's pretty easy to earn huge from the if you buy coins from them at a low price initially and wait for the price to pump cause of the project prospects.

Why would opt for other coins if you can do it with BTC? One reason might be the chance of making profits on how many folds
since btc do already had high value and alts can give out that chance.
Diversification I'd say. I mean, investing on other coins is one good choice traders could make, especially new ones if they don't really know how the market works.
2257  Economy / Speculation / Re: Brace yourselves, there is FOMO coming on: January 09, 2020, 07:13:01 AM
I'd say it started quite early because of the reports of the recent rise in the market because of the tensions between US and Iran. And seeing the tension between them only increase, added to that to the FOMO of halving (which imo, should've started by around mid February). the FOMO of this years halving should be quite big. I'm pretty happy with the first week movement of BTC Market, but it should still rise slowly than rise like this where it only took a day to increase by 5%. The result is, well, increase of 5% for two days, then decrease by 5% for a day, kinda defeats it tbh. Still, an increase is an increase.
2258  Economy / Speculation / Re: $9k next week on: January 08, 2020, 01:46:23 PM
A lot of us hope so. Seeing as most of the price has been attributed to the recent tensions between Iran and US, we can assume that it's actually approaching a possible continuous highs cause recently, Iran just sent a dozen missiles to the US army camp or something similar. Imo though, It's going way too fast. Remember when we had a push to $9k last time then price dropped to $6.6k because it was pushed up way too fast? I was expecting the same development here but seemingly, its been 2 days and yet the push continues. Just hope it does though.
2259  Economy / Speculation / Re: We will never see $6000 bitcoins again and my reason on: January 08, 2020, 12:15:13 PM
I agree that we will most likely never see Bitcoin drop to $6000 again because we’re getting too close to the halving that the price doesn’t have time to drop significantly again.
The halving may help in stopping the price from decreasing drastically, but It doesn't meant hat we can't reach $6k again. I mean, $6k is still quite a high level, and even if Bitcoin reached another ATH after the halving, there's still the possibility of it actually going down because of the massive push it did to get to another ATH. That in the end is just a possibility though.

I believe it will not touch another $ 6000 if we really come out touching the price of $ 11k, we will no longer see the price of $ 6000 or even $ 7000, I see the price increase yesterday until now hopefully it will not drop deeper when the bitcoin price has peaked, at least prices must continue to touch the 5 digits in the near future so that it does not go down too deep later, your thread will be a witness in the future
Nuh uh. Remember that we touched upon $19k in the past and YET we still touched massive lows back then. Could still happen all the same.
2260  Economy / Economics / Re: Best Stocks to buy this year? on: January 08, 2020, 11:24:47 AM
Apple is a standard choice, but I'd suggest buying those that are continuously used. Like stocks in the Oil industry or something like that. Only invest in stocks of big companies like Apple/Tesla/Microsoft if you have the money, since they are attacking the world of technology and let's be honest, there's a lot of profit there if they actually manage to do it properly. There's also google, if they manage to perfect the idea and technology of quantum supremacy, hell I believe their stocks would go over the roof. Just recently it jumped to a record high of $1.4k, which kind of says a lot.
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