I'd say - don't you ever, and I mean it, never look for a pump anymore because these pumps had been one of the biggest reasons why this huge correction had occurred, the values went high last year due to sudden adoption and a lot more registrations for Bitcoin wallets everyday. When the craze ended, and as I said in OP that they had leverage trading available and shorting being another option to gain more for less, we had all our alts going negative due to people believing FUDs and FOMO of getting left behind in "selling" their stuff for the real money that they spent.

@Kemarit, even I'm waiting for BTC to break back the most-awaited 10k USD level (yeah, there was a lot more excitement when it was about to reach there) and go even higher, I think Bakkt is all it currently needs to go back to those values as it'll open a door to institutional investors to buy huge chunks of BTC (approx. 25 BTC per order) through contracts which would give a boost to the whole crypto economy.

Glad to see you're taking it as an opportunity, and to my knowledge as well, BTC and alts will survive this bearish wave for sure. But I'm very much keen to know where did you get that number exactly? Or was it (76.2%) just an assumption? I believe we'll see the next rise during next halving, till then, I see no reason for BTC to reach those sky-high values back as investors are happy in making small bucks but big chunks of BTC through shorting.



That's true, faith is what crypto needs to have right now (and ever since crypto had been here, faith is all it had to give values to these coins based on their properties which mostly took their total supply into consideration). But, those whales still need us (the average investor) to remain involved as they have the power to hodl and wait for longer (even during worst) times for their investment to recover back.



Live your present mate, it's 2018, not those days anymore when just one person was enough to kill the markets with their one single press of the wrong button (dump!). They've got to choose from 2 options now to make money, and the best thing is, they can make money from both the sides. There's a reason why Bakkt is being delayed.

But as I've clarified here, we've had shorting as an option to make money over having to buy alone, and this makes it go completely wild when I say that BTC or any other crypto (allowed on leverage trading) needs to be bought lower and sold higher (that BUY LOW, SELL HIGH thing) because everything since futures had changed in the minds of traders who knew that buying BTC for such values for most of the people (including them) wouldn't be easy, so they shorted it off and killed down the value, increasing their stake in BTC so as to cut down on their losses and those who did it on each different phase ma even have had earned the desired profits in fiat. But, it's also undeniable that BTC had a crash from a value which could be someone's lifetime earnings if they went all in on BTC to buy even 1 full BTC when it was at 20k, and anyone coming straight down to 3k from those levels will have their appetite shaken off as it's not easy for everyone to digest such a loss (at least till BTC tends to reach back 20k or their purchase price).

FYI, if you didn't read what I wrote in OP, read back again. We're none to blame whales because they've got OTC as a better option over offloading their money at exchanges, I've had the same thinking that you currently have, but my mind changed once I observed and researched about the complete FUD that's being spread amongst us that there will be big investors trying to invest and they're not getting either ways to put their money in this. Nobody here, none of those big whales would be happy as I've even seen those whales going rekt over exchanges like Bitmex and OKex by going all in on bets with such high leverages that their portfolio couldn't resist liquidity. Again, it's not just the whales who tried to get a treat by growing their BTC (those who actually knew something and made enormous BTC to cover their losses in USD), but even people like us shorted and made a difference.

Glad to know that you've had profits even during bearish days, but would surely like to know whether it was from shorting BTC or other crypto listed over leverage providers or did you profit from exchanges like Binance, Bittrex and/or Poloniex through alts and tokens trading? If we talk about raking in profits in 2018, yes there were opportunities till the middle of this year, but since the market started falling down badly, most of the traders have lost only (except from the current swings going on in markets through small pumps in BTC and alts as well). BTW, it's not entirely about making profits but having/losing confidence in crypto.

The sudden rise (from the very beginning of 2018) to fall (end of 2018 and still continuing), did you have the courage to hodl your coins and have your confidence intact just as before? Or did the extreme hustle of the bearish markets ended everything for you and even compelled you in such a way that you're now no more going to put anything in cryptocurrencies? Do you think this is an opportunity itself or is this going to end up hard in grave like most of the best ICO projects of whose tokens got dumped down to even 1/20th their ATH?

P.S.: This is just a poll, so don't take it as a measurement to decide whether to remain and/or invest in crypto or not.

ICOs are one another reason why Bitcoin and Ethereum soared to these lows, they were mostly scams (who ran away with people's money by cheating both - the participants who invested and the markets by selling off whatever they collected. I don't say that all of them were cheaters, but most of them offloaded their assets and converted them into fiat and in the vie of these, those ICOs which had a real motive and were really doing something in their industry, stopped their developments after they found that their projects won't succeed at those values.


Yeah, it's true that they bought even at lower levels than ATH and were all in bigger profits (like when the value of their tokens and BTC both were going high, it was a win-win situation for them). What could've motivated good ICOs to cheat the markets by breaking down the value of BTC and ETH in USD? Their self-interest. When the value started shaking off towards down, users with ICO tokens might've wanted to get out of BTC and ETH, so they started selling off their tokens for cheap to either short BTC or just sell everything they had.


This is why the values didn't stabilize and we saw a gradual downturn, the confidence level of most people who went all in with either their families or friends involved, lost it all after all this happened and even if they lost theirs, new people (who were not the part of last year's bull run) will commit the same mistakes and bring their families in this ^business^ and once the bull run begins, they'll start offloading their assets by dumping their coin on their families and friends only by selling those coins to them only, because as I said, their selfishness is all they'll have during that time.

Last year, the level of speculation reached to such unbelievable heights that everyone went under the sway effect of getting rich quickly and you can't deny the fact this time that they really had a reason to short it - not to make money, but to make Bitcoins. Every other crash that happened before was not an opportunity but just a loss, but this time, loss itself got transacted to huge profits for those who knew this was going to happen (as I said that correction was in talks during those days). Something that's yet to happen and we only talk optimistic won't really get us anywhere sometimes, but gives a chance to those who've got something more to bet on the negative side of that thing.

The question itself says most of what I'm trying to talk here. Hey, don't get me wrong when I say that we needed this, yeah really. You guys must be aware of herd mentality, right?

What happened actually (in my views):
We always talk about big institutional investors doing all this with their so-called whale friends and taking the value all the way down to almost 1/8th its ATH, and what's so amazing here is, they're ^going to^ make more money with this? Holy shit. It's all really bullshit, yeah that's what I call it when I accepted it and then evaluated the whole market situation. Are you really sure those damn whales are stupid enough to sell their high-quality diamonds (BTC) for the price of peanuts? Think again. Everyone was so amazed watching BTC going all the way up from $1000 to straight away $20k in just 1 year, the (negative) herd mentality of people drew them in a situation where they were only thinking that BTC will remain at those levels and will go more and more higher, and the opposite was what exactly happened. Really? Dumb as fuck. The simple answer is - NO. It was going to have futures established where everyone would be getting an opportunity to earn more and more "BTC" through shorting it.

Hey, how the hell can you say that, jerk?
- Well yeah, you and me must be jerking off while people (who had the power to think it in a different way) chose the other side of the coin, i.e.; go ahead and short it. During the peak time when these people knew that every BTC user will only speak optimistically and remain positive for their investment, that's when they decided to act on an opportunity promptly (heard that phrase: strike while the iron is hot??) Come on, we shouldn't be blaming whales alone for this as it's people like us only who thought the other way is right, they went onto making BTC one of the most profitable assets even while shorting. While you and me were losing our money's value in USD alone, they were also losing their USD valuations but gaining more BTC through their short positions.

What? Really? But, but why would they do this and take it down all the way to 3k? Why 3k only? It could have been 6k or 10k, right?
- Principle of earning more with leverage at least values. Think how easy it would be to make a 100% on a 10x leverage when 1 BTC would be 3300 and they short it till 3k? Straight 2x and what you lost in USD value? 300 USD per BTC if you go for 1 full, but you'll make 2700 bucks extra (3k x 2 BTC = 6k USD - 300 USD loss in value - 3k USD principal). The same would be a lot harder for them to push it down and make the same 100% with least risk of 10x leverage if the price would have been between 6k-10k.

P.S.: This was needed as it was in the talks since the beginning of the so-called pump, that we thought, is some kinda stable growth. It was a crash course for everyone to learn that not all investments could get you rich overnight, esp. Bitcoin. I'm not trying to say anything negative here, but all I want is you should understand that not all investors can profit in a genre like crypto and you need to think very differently, out of the box kinda thinking in order to outsmart those traders who think they'll beat you.

Loan Amount: 0.021
 Loan Purpose: Personal
 Loan Repay Amount: 0.023
 Loan Repay Date: 7th Jan, 2019 or before.
 Bitcoin Address: bc1qw9jzfa0wyjflxlq9e9cuyy6gj32hwcmzsxftn5

EDIT: Terms changed.

If going up at a smaller pace is what you call flying, every cryptocurrency would have been a bird.
2950 is in the talks, and it may not be so easy this time to break it down over there, but when the volume towards the buy end (bulls) goes down or gets soaked up by bears, the bulls lose the steam and stop trying hard and wait for the next opportunity. This BTC thing - they've got nothing to do with the tech but all they need is to double - quadruple their earnings and as the leverage thing is too hot to handle but still one of its kind to multiply it, they won't let it sustain for longer and make it go down one last time before the real bull run begins.



I really hope and pray we do, and if not, be ready and wait for the bulls to lose their power. I've seen how desperate the shorts have been as whenever they've got chances, they didn't lose a second in breaking it down to 50-100 bucks in a few minutes.

As the supply of BTC is limited and blockchain is transparent, it's not too hard (unless they've used any mixing services) to find OTC trades that go on in the markets, be it done in any markets. Whales, according to me, are those high-profile entities/institutions who've got the balls to nail the markets towards the direction they want it to go in a matter of hours based on the % of total BTC share they claim to have in their pockets (mind well, the share out of current total BTC circulating supply). Currently, the competition is too tough that one single whale is not enough to shake the hell out of markets due to not having interests in making several exchange accounts (if they choose to go by them and not OTC), so they form a group of authorities responsible for such big and drastic movements taking place in the markets everywhere as each whale then decides where and what amount of manipulation will be done by them.

This forum used to be a home for many Bitcoin lovers and it still is (will be, forever, actually). About scammers, you've got escrows for almost every kinda deal you've got to do, so it's your choice to save a penny and lose everything or pay a few extra bucks and secure everything.


So, you think that when the markets were having those greeny days, then only we had a few ^sane^ people over here? Well then, what kind of sanity did you witness during those days and you're not seeing currently?


Well, once again, your choice and if you believe you're not good and/or safe here, you should straight away leave.


Well, can't say about the whole forum but you're being one already.

Bitcoin, to its fullest, had been used as the medium of exchanging fiat at super-reasonable costs and in my views, it actually helped a lot in saving very high fees that we used to pay to banks and intermediaries in order to transact worldwide, but Bitcoin killed all such barriers by making it possible (though centrally) for everyone to easily send/receive money without any borders and limitations, and most importantly, without the need and/or involvement of a third party. I know there had been challenges and problems while the mempool used to get stuck and fees got way too higher, but then came SegWit to at least help scaling the issues for a certain period of time - that 608k BTC transaction and thousands of transactions sending millions of USD from their country to anywhere in the world at the cost of less than a buck is just - fantastic!


As most people are used to trade this as an asset and others selling due to price crash or other reasons like real life needs, emergency, etc., I don't think most people would use it as a store of value currently due to the fear of not getting the value they purchased it for. Still, if it's a long term hold for them, then the privkey security is one of its kind in terms of technology and has given a lot of freedom for anyone to choose crypto over other types of store of value in order to keep their money safe in something that's untouchable, but still as useful as Gold.

Who are you trying to help out with? Someone that's already listed over YoShit exchange? Remember their new ICO listings? They use to manipulate the coin as there's not much volume needed to pump it up, and then, when people start buying it thinking it might give them a good return in a very small amount of time, they immediately dump on them just like those P&D groups (signals type) do over their users. This is one such type of ShitICO. Are you and your team really interested in marketing such an ICO? Damn bad, it'll definitely harm your credibility over here.

If we compare the number in BTC to the one people lost in the Mt.Gox scam, I believe it'll not even transact to 1/5th of that BTC. Still, it looks like people haven't learnt a lesson and so, hackers are very much interested in taking our money that's completely vulnerable if put the coins at a place out of our own wallet, that too if we don't hold our key, it's not owned by us. Remember, keep your BTC in the only address whose private key is held by you because if you don't own tour private keys, you don't really own any BTC.

I don't really understand why would anyone be willing to give such a huge reward for anyone's verified Localbitcoins account? They could easily do 5-10 trades worth 1 BTC each on their own account and/or buy some KYC docs from dark markets for dirt cheap rates, not even 1/10th of what you're giving as a reward here. /Sarcasm


P.S.: I'm not suggesting this but rather saying that this is something possible. For newbies, please don't fall for such schemes or you may end up losing your credibility and name if the OP's intentions are to scam someone through the use of your account.

As you're the one and only person posting in your thread alone and nobody seems to have given any reviews of your service, will you be interested in giving a free trial period to any good Hero/Legendary member to try out your services first and vouch for you? Bitmex is where most of the traders/forum users have been actively trading and instead of putting up those images and timings, would you give that free trial or just do one thing - give at least 1 leverage-based signal here for a week for everyone to try them out?

P.S.: As well, please don't mind me over one thing, there's no trader on the Mother Earth who would do all the trades in green, would you be interested in sharing your failures as well just as you do by sharing your success alone?

That's probably a part of "false advertising" and I guess we don't have a DND - "Do Not Disturb" button for such bullshit projects who steal other ICOs' members' details from those groups and then add them in their own channel. Don't do anything, just tap over "Report Spam and Leave", Telegram will take care of the rest. Neither they be called scammers, nor they be said genuine because no one tested them and as bounties are a part of an ongoing ICO, we consider it the beginning phase, so judging them at such period is not possible.

I believe that when it comes to transacting sensitive data between each other like password/s, bank account details, and even personal name and/or your identity proof for any specific reasons, you should use PGP messaging in order to keep everything secure in between you and other party only whom you want it to be seen. One good tutorial is here to follow - https://medium.com/@noahruderman/if-you-own-btc-you-should-be-using-pgp-efcd440f0adf

As well, I suggest keybase.io for any such sensitive messages.