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2281  Economy / Speculation / Re: The history of Bitcoin prices. on: January 03, 2020, 07:17:14 AM
The year of early 2017 to late 2018 was a result of the stabilizing of price of BTC during the bubble of 2017. You yourself had said that the year was weird since the price pump was way too high, and honestly, its like you built a mansion atop some flimsy wood you found on the corner of a shed. Naturally, the workers would need to rebuild everything from the bottom to ensure it has a stable foundation right? Which was what the market did, and so the cause for the huge drop in price.

I'm of the same opinion with the $15k ending, but it should only go up no? Especially if we see the halving as the same as the past ones, Bitcoin would actually surge instead of drop. A price increase to $25k - $30k would not seem weird, and it has a chance, just that it's kind of out of the minds of people right now so many are pessimistic about its chances.
2282  Economy / Speculation / Re: New year and forecasts on: January 03, 2020, 04:46:21 AM
Well, it is a joke so and even with lies/jokes containing a bit of truth, I really doubt Bitcoin would actually go to $1k. Especially since there is no factors that would involve any correction to it at the moment and well, the price being stabilized right now. Bitcoin price drops because of either a sudden rise which causes the market to stabilize or the market suddenly deemed it to be useless, dumping their coins, which is the possiblity of it happening is close to null at the moment. Even if we take into account China's recent development of crypto currency, I'd doubt any country would actually follow suite anytime closer and would cause massive price drops. That's taking into account the more than 5 years development of China for their crypto currency.
2283  Economy / Economics / Re: Say Goodbye to Banking as We Know It on: January 03, 2020, 04:08:37 AM
I guess its time for China to be like:
Digital currency is legit money while Fiat money is Blackmarket money kinda thing? I mean, its plausible with them being the only one having digital currency at the moment. Plus, with them being alone on the scene, I doubt conversion of digital yuan to other currencies would be a hassle towards people who REALLY like taking advantage of things. Idk, was just an idea, might actually contain a lot of holes in it since I don't understand much regarding how they'd actually implement the system of Fiat >> Digital currency.
2284  Economy / Speculation / Re: BTC TO 5K$ soon on: January 03, 2020, 01:55:00 AM
BTC drops to 6k again and now people are pessimistic about it jeez. Bitcoin has dropped to 6k few times already last year, 3-4 times Iirc? And it has always made a comeback. The drop always failed to break the major support level and BTC has experienced rises everytime a drop occurs. Id suppose traders are actually just waiting for the 6k drop before buying coins and that's why it has always failed to break that level.

oh no, today I see BTC at $ 6900, last year's closing does not guarantee that Bitcoin will rise. I hear people say, if bitcoin stays above $ 7,000 until the end of the year, then the next bitcoin will go up. but today is different. bitcoin is falling again. I hope it won't go too deep.
It did stay though? A drop of $100 is really nothing to panic about. Like, really, if Bitcoin suddenly dropped a $1000 dollars, THEN panic. But it seemed to forgot another 0 and has only dropped a bit.
2285  Economy / Economics / Re: Global Wave of Debt Is Largest, Fastest in 50 Years on: January 02, 2020, 05:27:33 PM


That's not going to work. Gold isn't the ultimate safe haven asset people think it is. If a global crash is artificially initiated, it will also tank the value of Gold because most of the actual price discovery happens on derivatives markets, and what are they used for the most? Right, it's speculation, not for safe haven purposes.

Gold doesn't automatically pay your debt or bills. In order to get that done, doesn't matter who it concerns, it will need to be sold for fiat. The most in-demand asset will be fiat. Everything else will very likely suffer and bleed for years straight. Bitcoin will fall as well. The only people who think that Bitcoin is a safe haven asset are those within the space, the rest just considers it to be a wild west casino.
Well, it may tank the value of gold but ultimately, it would survive the crash. Unlike the major cause of the crash, which is the debt of Gold itself. Gold may not be a soft fiat, but it is backed by something. A hard asset so to speak, unlike fiat which is backed by only the government itself, which was the one who caused the debt to grow by so much. Fiat can simply be called as a "medium" at this point. So that both the consumer and the seller would have a middle ground, where they both earn and profit equally without bias.
2286  Economy / Speculation / Re: Good sign for market on: January 02, 2020, 03:54:32 PM
Not really a good sign, nor is it a bad one. Is just eh, pretty normal I'd say. Bitcoin may rise or fall, nothing new there, it is Bitcoin after all. You ca't really base signs off past performances of BTC, especially since the last 4 years could be said to be a regulation period of BTC on its bubble of 2017. Could even be said that it actually just finished by the start of 2019, and only the entire year of 2019 was the progress or the growth of Bitcoin that actually contained foundation and is stabilized unlike in the past 3 years.

It might be good but like what we've been saying about the attitude of bitcoin, this isn't an easy thing to predict and the usual term that we use to say with that is that it's unpredictable. And if we compare it with the 2017 bull run, this time it wasn't like that. We've seen that bitcoin isn't good at the end of 2019 and we're more dropping instead of pumping. We can't assure that the good days base on your satisfaction but we'll have it just like the usual days and we're hoping that it will be better than last year.
Could be though. Could be not. Generally it should cause it decreasing the constant supply being produced means that demand would now rise higher compared to the past. Though could actually have no effect at all, but a negative one? I don't suppose so.
2287  Economy / Speculation / Re: Moving away 2019 and looking forward for 2020. A Bullish or Still a bear season? on: January 02, 2020, 02:47:18 PM
Well, any help Bitcoin would receive right now should only be able to help it in the long term. Some may even be detrimental to its progress instead. Well, we should just let nature take its course. More involvement of BTC to the world just makes more users demand for it, which in turn should make the price go high since BTC is a limited coin. Also, every year is a big year for BTC, since every year that BTC made it, is a new year of a brand new development for it.

Last year we had rise from 3K up to 13k but sadly price felt and continue to dive but after all we have price of 7K USD and it's double rise. 2019 was really a bad year for bitcoin cause we had huge fall and then we had a rise which revived hope but further price fall killed this hope.
There is 132 days left before bitcoin halving, this halving means a lot, even if we look at past, bitcoin rise from 11$ to 1000$, then from 600$ to 20000$ and why this halving won't repeat even better success? Reward gets half, mining gets even more unprofitable and in any way halving will create need of price rise and this + upcoming hopes of increased price will get our hopes achieved.
2019 is bad? I doubt that. Even though it reached 13k but fell to 7k, remember that we started at 3k. That's a double from the start of the year, which is honestly quite great already. Don't compare it to the ATH, its called one for a reason. And assuming another ATH every year seems like a dream tbh.
2288  Economy / Speculation / Re: Bitcoin Closing Price On 2019? What do you think this year 2020 will be? on: January 02, 2020, 03:13:07 AM
Anything would be fine honestly as long as its above $1000 of the price of the ending of 2019. Any increase is still in all honesty an increase. I have high hopes for it though with the halving of May 2020 coming. Especially with the issue of global debt being so high right now, people may actually accept BTC, increasing its demand for it. And with how the release of supply is slowly dwindling with halving, price should probably go up.. Hopefully.

I think the history will repeat this year as it happened in 2017.
Not really repeat but should be close to what happened then. I believe a bubble of 2017 wouldn't happen anymore, or at least at that large of a scale that is.Literally increased the price from last year by 20x which is really unbelievable.
2289  Economy / Trading Discussion / Re: What are the general issues/problems do traders or investors usually face during on: January 02, 2020, 02:26:29 AM
Before those problems, the issue that traders have to first understand would be they themselves. Understanding that investment is money lost already, investment is not for the greedy, stuff like that. Third party reasons like Hacking and Scamming can be resolved with third party means so It's pretty easy to understand how they occur and how they would be fixed. Other than psychological problems like greed, there's also the issue of not being able to DYOR. They see trading as putting in money and earning money, when there's a lot more issues and complications involved, especially since we are looking for the best possible way to earn profit.

Well, the digital market is fairly new, so High Risk is fairly understandable, but with High Risks comes with High rewards right? So it's just based on whether your willing to take the risk or not.
2290  Economy / Speculation / Re: DON'T MISS! Proof Bitcoin/Crypto Nowhere Near Bottom! on: January 01, 2020, 03:03:33 PM
So are we really going to risk the waiting period?
What if doesn't happen?
I dont think so.
There are cases in bitcoin where analysts are making the wrong prediction and it happens a lot.
Yeah, I want to buy it cheap but not to the extent where I might risk it too much of the coming uptrend wave.
Well, taking an investment into BTC is already a risk in of itself. Analysts do indeed make mistakes, that's why the practice of DYOR is always followed in trading and investing though. Just invest what you can and imo, you should be fine. It doesn't need to be a huge investment of thousands to millions of dollars. Even a hundred is fine, as long as you can handle the amount and it being subtracted from your total budget is not enough to affect your life.

Bottom is the price you set yourself while a stock or crypto coin is falling. No one can be sure of what will be the exact bottom, it can be only confirmed when a stock or crypto coin start moving up and that was too late to buy anything. So make up your mind and start buying at price you think is minimum.
Isn't Bottom the price of BTC after a bear run? or at least at a certain period of time, where it doesn't go below that. Like for this few months, the bottom of BTC was around 6.4-6.6k iirc.
2291  Other / Politics & Society / Re: slavery always was the condition of 99%+ of the worlds society and even elites on: January 01, 2020, 02:11:01 PM
But, yeah, it's true that through history people voluntarily became slaves because they weren't able to feed themselves on their own so they subjugated themselves to a master who took care of them.

But then again, Slaves are still humans and are capable of learning and evolving. I'd say them being under a master and undergoing miscellaneous chores is because of their "current" incapability to do whatever they want. But after let's say, few years? That Slave would rise up and quit his job right? I'd say that's the reason for uprisings in the past to occur.

Taking into @BADecker example, You couldn't jump no matter how high, cause you are a slave. To gravity. BUT, give time, you yourself would learn to subjugate gravity right? Meaning, You are now a master of your own, so Jumping higher and to the moon is of no issue by then.

2292  Economy / Exchanges / Re: Poloniex Data Leak on Twitter on: January 01, 2020, 10:47:51 AM
Sometimes being too paranoid when it comes to phishing or hacking so i cant blame those person who do said such thing.They do just believed out on how secure Poloniex is and once
they do able to read it up then they do believe that its just an another phishing email without even realizing or having second thoughts that it is a legit one.
Data Leaks? Im not already surprised anymore when it comes to this.
It's not really being paranoid but rather wanting to secure their accounts and preventing themselves from being scammed because of a "possible" fake mail from Poloniex. Data leaks are already a part of any tech out there and it isn't really surprising for such things to occur, but the quickness of the counter movement of the company themselves is the measure of whether the trust is well equipped for such situations. Sadly, Poloniex fails at this with their failure of announcing it officially and instead emailing their users, which led to a lot of people believing it to be a scam.
2293  Economy / Gambling discussion / Re: Lottery In Your Place on: January 01, 2020, 04:34:46 AM
A large number of countries feature the national lottery as the only legalized gambling outfit around. These are almost all partial democracies or worse.
This is the same for our country, and I gotta agree. There was a time when the prize pool were quite big and talks about how IF it was actually spent on charity and donation, a lot of the homeless, poor, and child welfare centers would actually benefit from it, but sadly, the talks were just talks, and the could have been possible decision was never met with agreement by the authorities.

im quite confuse on your statement buddy  . you said  you already play 4d lotto but you said that you are still confuse about it  ? if you already play it before then you are already aware about its mechanics so you shouldnt be confuse anymore  .
Where was the statement that he said he was confused about though? Im more confused by your comment instead actually.
2294  Economy / Trading Discussion / Re: I made +500% for 2019 on BitMex. Ask me anything on: January 01, 2020, 03:27:34 AM
Bit of a braggart here Ay? Turns out that the big boys out there are proud of their profits and openly brag about them. Well, thats the limit of it though, bragging. Anyone can brag, I can also do it, but not anyone can prove it sadly enough. Ask you anything? Suree, give me proof of your profit then. Being profitable about something doesn't provide you with the capital of being rich, being intelligent about being profitable does. Sure, you can share your knowledge and all of that, then start making useful threads and stop making topics about how you made xxx profit.
2295  Economy / Economics / Re: Halving is approacing: HOLD YOUR BITCOINS AND NEVER SELL THEM on: December 31, 2019, 03:54:17 PM
Not to the point of not selling them, but should be to the point of knowing when to sell them. If you see an exit point you're satisfied with, even if it isn't after the halving, I suppose it is fine to exit there and then. I know, too much money can never hurt you, but expecting to earn much could hurt you. Sides, you can hold and sell both at the same time. Part with some of your coins and hold some, win win situation right? Don't be disappointed with the profit you could've earned, be satisfied with the profit you earned.

Unfortunatly, while you are hodling, you dont have any profits.  To get them you should find right date  for selling. And i guess, after halving will be right time  for that
Well, yeah. That's why it's called hodling after all. Only when you exit and the price is above when you entered, would you actually get profit.
2296  Economy / Speculation / Re: DON'T MISS! Proof Bitcoin/Crypto Nowhere Near Bottom! on: December 31, 2019, 02:54:14 PM
Well yea, bottom? I doubt BTC would go there. Not at least in a few years I'd say. You could even say that BTC is approaching its peak right now, and only when the second to the last halving or halving occurs would BTC probably reach its peak,and only after would it dwindle. That is, as long as the interest of traders and investors alike are still aligned with the end goal of the existence of BTC.

in my opinion prices now very cheap and the bottom already in ; the prices should be 10k at latest . all past halving give rides huge green . for this reason everyone should buy right now . but wait buying cheap and cheap is not good for me
They are cheap, but not at the bottom. 10k? That was just due to a sudden pump, and there was no way the price was gonna stay there. Hell, I'm actually glad it's in 7k rn cause I can be rest assured that it has regulated there and market pushes or pulls wouldn't easily influence it.
2297  Economy / Exchanges / Re: Pressured by Apple, Coinbase to Remove iOS dApp Support on: December 31, 2019, 01:19:20 PM
Seems like Google and apple are attacking the crypto scene quite a bit right now. With Google and metamask and censorship of some crypto vids in yt, and now Apple with the issue with dApps. Its a wonder why their actions are as such since the crypto scene offers quite a bit of promise after all. Them doing this only seems like they'd rather do their own than jump to the bandwagon of crypto.

The article tries to spread FUD indirectly so do not rely on it as a source of reliable information.
If you read the same statement, the company may ask Apple to give them some permissions in one way or another.

Quote
If Apple customers want to be able to use Dapps, we may need to make this request know to Apple in some way. This is an important area of innovation in finance, and many developers and early adopters of this technology have millions of dollars worth of crypto tied up in these financial applications, which they will no longer be able to use on Apple mobile devices if this app store policy continues.
Well, in the end, Coinbase would still remove it. They would just appeal to Apple with their request, and hope that they accede to the said request, but since the pressure did indeed come from Apple, I doubt such a thing would happen though.
2298  Other / Beginners & Help / Re: Looking for partner starting bitcoin farm on: December 31, 2019, 12:33:29 PM
Rip Business proposals and plans. You're currently looking for possible partners yet you lack the will and initiative to produce a simple project presentation/information to the public that could potentially attract investors and the like. Hell, I don't even know why you started with the people of the internet, when a lot of investors could be found by looking at your own circles. A $125m investment would surely entice a few investors out there, as long as the project is sensible and attractive to them that is. Sides, being "not sure about it" screams scams to me right now. I mean, an investment of $125m and you're "not sure" of what to do?
2299  Economy / Gambling discussion / Re: Dutch gambling authority fines 10 companies a total of €3.5m this year on: December 30, 2019, 02:59:38 PM
With that allowance on the given year, these operators can still have time to think of other way if they can't wait for that year. The huge taxation can also make them refuse about the said applications to be accepted if they have found other countries to be a good place to operate.
I'd actually bet on them going to other countries while retaining their customer base. With how the casinos in Netherlands are restricted by much rules and regulations, customers who are willing to spend on gambling would surely find ways to retain their membership to some foreign casinos that they have used for quite some time already.

It will be interesting to see the long term effect of these high taxation policies. A question will need to be answered as to whether high taxes represent an effective and responsible utilization of money.
Isn't it too high? I really doubt a lot of casinos would register their businesses towards such amount. Plus, it isn't even guaranteed that Netherland gamblers would actually register on their casino, since just as said so, a lot of casinos were banned already meaning a lot of the people of Netherland already had a casino beforehand. Plus, them enforcing strict regulations upon gamblers themselves, this just made life much more hard for them (most likely).
2300  Economy / Trading Discussion / Re: What trading bots are you using to manage your portfolio? on: December 30, 2019, 01:39:15 PM
Are trading bot good?

Read a lot of negative information regarding these bots. If anyone can provide any links to a article that provides details explanation on these bots and also if you can recommend neome bots.
It can be said to be good and bad both at the same time? It depends on your preference. If your confident on leaving your money and let a series of codes do the job for you, feel free to do so. A lot of people can be said to be control conscious so letting a bot handle their trades seems kinda bad and negative for them, which is imo true. But some bots do their jobs properly, just not all the time. A bot pretty much requires constant tinkering whenever you judge the market to be changing, so in the end, you'd still have to manage it for it to be able to provide. Here's a link if you wanna read about it a bit more.
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