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2321  Economy / Speculation / Re: Bitcoin Highly Unlikely To Nose Dive To $5k Right Now, Analyst on: December 25, 2019, 04:13:51 PM
Hearsay and FUD are sure surrounding us to give analysis such as these, but if it is the end of the year it is not likely to drop that far, but if we are not making any progress this coming new year then we might see the $5000 USD and that is really consistent right now the bouncing back was always there and waiting for a proper insight is never really easy in my opinion on whether the price will take aa deep dive or a high rise this coming new year and the unlikely halving that may occur can be devastating because we are still in the midst of a bearish market.

Well to be honest, were already seeing zero progress from the market ever since it dropped down to 7k. Not that its a bad thing though. Just means that the period right now provides stability to BTC. The only reason for it to drop right now would be if some major event happens that depreciates the value of BTC. Just having spent a long amount of time in a small range of value doesn't really give out that BTC would die.
2322  Economy / Trading Discussion / Re: Reasons for traders to look at! on: December 25, 2019, 02:38:51 PM
I think greed and boosted is the same because these are both urging you to trade more and more without thinking. You should need to think first even if you're on fire trading a certain amount of money. You don't need to rush because the more you rush, the more you will lose.

Always remember that greed is a bad thing in trading. Controlling emotions and self-discipline is very basic or fundamental when it comes to trading.

They have different meanings, but both lead to the same result, which is over trading. In the end, anything that is negatively affects the state of mind of a trader, whether it be greed or something else, could potentially lead to over trading. Trade what you can lose, and always try to tell yourself that anything you've started to trade, it isn't yours anymore, at least for a certain period of time. Not only that, anything you trade doesn't shouldn't necessarily bring profit, but minimum trade should be you breaking even instead.
2323  Economy / Trading Discussion / Re: it's so hard trading my day now! on: December 25, 2019, 01:57:51 PM
It's not difficult. Its just that you're bad at reading and predicting the market ( no bad intentions, just sayin ). When you're bad at what I just said, naturally, you won't be making any profit anytime sooner. If you really wanna profit but you just can't cause you're bad, then copy some trading styles of some famous traders. Go to eToro and use their copy trader there. Or just listen to a few famous traders out there and copy what they are doing. If you wanna learn, then suck it up and keep losing money till you actually learn how to make them.
2324  Economy / Trading Discussion / Re: What kind of crypto trading do you recommend with $50 investment? on: December 24, 2019, 05:57:03 PM
It's way too little right now. There are 2 ways to profit, day trading and long term trading. If day trading, follow what the previous poster said, that could bring you everyday profit but could be very risky as well if you don't manage your stop loss properly. If long term trading, then don't expect your investment to grow that much if the market doesn't grow as well. If the market grew 100%, then your $50 investment would grow to 100$, but the same could be said to the vice versa to that, so determining what coin to invest in the long term is important. But I wouldn't recommend long term still. It doesn't yield that much since the initial investment is really quite small after all.
2325  Bitcoin / Bitcoin Discussion / Re: Trade Your Privacy to ₿itcoin? on: December 24, 2019, 05:34:36 PM
Can you clarify what giving out personal details for BTC mean? I mean, if someone were to give me BTC just to know my personal details, let's say name age, I'd go for it. Heck, we already did KYC to exchanges so that they could allow us to trade BTC to them and from them. But there should be a personal limit to it. Let's say, my address is off limits, my Birth certificate ID is off limits, stuff like that. You know, information about you that could be specifically used against you, or could be used to take advantage of you. Plus, there'd have to be a legal document stating that the usage of my personal information would not conflict in the boundaries of the law, and would only work with it, not against it(law).
2326  Local / Others (Pilipinas) / Re: Merry Christmas Pilipinas! - a christmas day thread on: December 24, 2019, 04:52:00 PM
Merry Christmas and Happy Holidays sa inyo!!!

Napa samgyupsal kami bigla nagulat ako merong nabili mga kapamilya ko eh. Andito pa rin ngayon ngumangata pa rin ngawit na panga ko kakanguya hahaha.

Stay safe and enjoy your Christmas guys! Hoping for all of you to have a merry day!
2327  Economy / Trading Discussion / Re: Reasons for traders to look at! on: December 24, 2019, 04:02:31 PM
Isn't number 1 and 4 almost the same? Like the idea of over trading happens because greed overcomes your rationality of deciding to trade slowly and effectively. Also, the 4 given are mostly mistakes made by newbies. The struggles occur because of their lack of experience and knowledge regarding how to trade and so, problems occur, so simplest solution is to let experience take its place, and gradually, newbies that trade would slowly learn the advantages and disadvantages of the certain actions they do, thereby improving their efficiency as traders.
2328  Economy / Speculation / Re: Plustoken owners may be driving down the price of bitcoin - Chainanalysis blog on: December 24, 2019, 03:20:23 PM

There are millions of bullish and bearish factors affecting price at any given time. This Plus Token supply supposedly being dumped onto the market is just one additional bearish factor. I believe there is strong demand and heavy accumulation occurring in this sub-$8K range, which is mitigating those bearish effects.
Well, that's the point. A 25k BTC dump isn't enough to affect the market because of the simple fact that there are more bullish and bearish factors involved. The foundation of BTC at that point in time was strong enough to counter the 25k BTC dump as well as the unknown amount of BTC that was dumped by the scammers themselves, which has not been tracked yet. It may have caused a drop that affected the BTC till now, it just simply means that more supply was made available and could be made the reason as to why BTC still hasn't pushed for a bull run yet, right?
2329  Economy / Gambling discussion / Re: Purposes to play gambling, except being rich on: December 24, 2019, 02:20:42 PM
Hobby I'd say? It's never the same without me gambling a bit of my funds every now and then. I guess you could say it's become part of my life? Now I ain't no expert in gambling but I could be called experienced and the like with how many hours, days, and games I've spent and played with.  Plus, there's also various side rewards if, IF I actually won. Initially, I entered gambling cause I wanted a quick buck like reallly really bad, but ever since then, I just started you know, getting it to become a part of my life, much so that the profit rewards aren't that important to me anymore.
2330  Economy / Speculation / Re: Plustoken owners may be driving down the price of bitcoin - Chainanalysis blog on: December 23, 2019, 03:55:18 PM
If the market was really driven down from $10k to$ 8k cause of the ponzi scheme of Plustoken, then isn't the effect of 25k BTC quite weak? Since the tracked 40k BTC is only a part of the original BTC that they scammed of users, then we can assume that the dumped amount should be greater than 25k. Seeing as BTC is actually holding up at $7k and above and just dumps to below 7k every now and then, we could pretty much say that BTC market has a pretty song foundation that such an amount isn't able to shake it by too much. I'd say if only they dump around 20-30% of the total BTC they have to the market right now, will it have a huge effect, like a huge dump all at once.
2331  Economy / Speculation / Re: What does this mean for BTC is stock market is entering recession again? on: December 23, 2019, 03:10:16 PM
Possible. I mean, if the premise of market crashes and investor moves, then yep It's pretty much a done deal. But the stock market has been preparing for this possible recession and they are prepared for whatever big moves the recession could bring them. Staying in the stock market throughout the recession could bring out profits to those whom would stay.

That, or the recession actually affects the market of BTC, with it failing to become a pillar of support for those transferring from stocks. Sadly, BTC isn't a guaranteed hedge in the market, and with the halving nearing and the possible recession just in the neighborhood, I'd say it'd be actually hell on the market there and then.
2332  Economy / Trading Discussion / Re: Incredible Article About Market Manipulation on: December 23, 2019, 02:33:07 PM
But that's not fair, manipulating the market for their own profit is not that good for others who always monitoring the prices in the market.

Proper manipulation is quite organized and fair for us monitoring it and that should be the state of the market. No one rules the market and no one can say that someone controls people in the market. That's very unfair.
In a sense, market manipulation is never fair, organized or not. It often leads to corrections that most traders do not expect, cause even if a manipulated bull run occurs, the market would sooner or later do a correction for it, which often leads to fake news of Bearish runs literally everywhere around the market. Intentional manipulation should be frowned upon, but if an event occurs (bull or bear run) because of a simple trade or dump done, unintentionally, I'd say it ain't the fault of the trader then, but rather just a fact that the market works that way.
2333  Other / Beginners & Help / Re: Help. Bitcoin sent from my wallet but not received on: December 23, 2019, 01:52:21 PM
Maybe there was actually nothing on the wallet on the 4th run? Well, according to you it did say that it was sent so I actually doubt that. Provide the information of the exchange, and the wallet you used on the transaction, not only the image of the notification you actually received. Plus, have you crossed out anything different you actually did from the first 2 times to the 3rd time? Might answer your questions. Since you were successful on the 1st and 2nd one, as well as the 4th one, there might have been a mistake on the address instead? Might want to recheck the transaction details to make sure.
2334  Economy / Economics / Re: The ballast on: December 23, 2019, 01:14:26 PM
So ballast means let's say center pillar, the one that supports it's very existence. Isn't the fact that we traders right now are trading BTC, the ballast itself? Also, with the adoption of BTC to various stores, with it being used as a MOP right now, that could serve as it's ballast as well. See, currency wasn't limited to fiat. It started with gold and silver coins then started to move on to fiat, and all these were provided by the fact that humans accepted them as a form of currency. Without that acceptance, fiat could've never moved on from the age of gold and silver, and could've never moved on from the system of bartering where you just trade and no certain medium to trade items properly with.

With us traders as proof, the ballast itself of Crypto is forming slowly. Starting from us, towards the entire world. Easy as that. We wouldn't be here nor you without the so called ballast you are saying right now.
2335  Economy / Economics / Re: Bitcoin Store of Value Question on: December 22, 2019, 04:41:01 PM
I mean,why would even they bother? Like, this idea is basically if one was tainted, one should buy it cheaper, and if it's new, it should be bought at a higher price right? BTC is BTC. The market approves of it, and basically, every coin we have there is mixed and match when we buy and resell. Just like how fiat is switched upon buyer to seller to buyer. It's always an endless cycle of mixing coins and such cause that's how the market works. It's not like one BTC has it's own serial number. There is no plausible way to track of it like how you said so, and see, no matter the source, it doesn't change the fact that it would still be BTC.

It's like you're the owner of a restaurant, and you're actually asking people to NOT pay using money that has gone through the hands of many. You request only the money that was freshly printed by the banks ALWAYS.
2336  Economy / Gambling discussion / Re: Simulation/Machine Learning Effects on Gambling on: December 22, 2019, 03:39:31 PM
Yes its illegal. That's it. Simulation Machines are capable of analysis of millions to billions of data. Analysis of the most probable result of a horse race game is as easy as pie to it, although it doesn't necessarily give the gambler a 100% winrate, it gives him/her an edge against other gamblers, which ruins the fun of the game, so yea it's definitely illegal. Plus, it infringes on the idea of gambling casinos with their provably fair games, so it isn't looked down upon, but its frowned upon.
2337  Other / Beginners & Help / Re: I enjoy posting on bitcointalk on: December 22, 2019, 03:15:15 PM
I quit facebook few years back, as well as some other social media sites, Bitcointalk in one way or the other has helped me not to miss them even at the slightest bit, rather than scrolling over pictures, risking my privacy, I'll post in here, read voraciously, comment when I feel I should and lest I forget, I also replaced the "like" button with "+merit" when I have some Smerits to give.
This. I gotta agree that facebook was the hype when it actually first came out, but at this point, I just use it to communicate with my friends and family through messenger. I for one learn a lot more here compared to the arguments in facebook where cancerous people litter literally everywhere that the sensible comments are buried under. There's also a lot of content to soak in so even after a year, you can still learn a lot of things here.
Bitcointalk dramas too  Cheesy
Much more note worthy to observe and participate with, rather than arguments in facebook where literally everyone you argue with seems brainless and only knows how to TT someone to silence.
2338  Economy / Economics / Re: Reflections from a journalist of a Year of Toying With Bitcoin on: December 22, 2019, 02:32:36 PM
Can't blame the guy. Most of the people invested on crypto are in for the profit, and if crypto was centralized to accommodate the different parts of the world just to let it fit in, then it'll go haywire right from its core. It's either yea, it'll become centralized, or the world would be able to create a system where crypto and the current system could coexist beneficially OR meet halfwat at the very least. This requires a bit of thinking out of the box though, and a venture that could potentially make a lot of companies go bankrupt. Well, everything did come from a start, and losing something is inevitable, but if no one is ever going to pioneer this kind of system, then nothing is going to happen.
2339  Economy / Trading Discussion / Re: Are there any trading chat rooms? on: December 22, 2019, 12:46:20 PM
You can try looking up some of the well known traders here and start your own group. Only, that's gonna take a bit of time to develop since you're personally looking for members but on the other hand, this guarantees the qualities of the members in the group and stops scammers from entering the group itself. That, or look for available local groups where meetups are done every so often, but I doubt one exists. Other than that, I doubt you could find a legit and proper group that meets your requirements. Telegram is full of scammers, I doubt any one of us doesn't know that.
2340  Economy / Trading Discussion / Re: to be able to get a large profit in today's trading is very difficult! on: December 21, 2019, 04:32:58 PM
Well, not really today, but rather just in this season. BTC hasn't really shown any large movements that could provide any chances for traders to actually earn large profits. Pretty much the season could be said to be time for accumulation. Not only BTC, but also altcoins are currently being seen as such. Heck, they are even constantly going down instead, unlike BTC with its sideways movement. Plus, not much announcements about good altcoins have been left on the market, so no good investment could be really done in there.
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