I don't agree with his opinions but he had a very good and informational channel about trading and TA. He never told people what to do just anlysed the charts and gave his opinions. The hyperwave theory he's following is questionable and Tone is only right in maybe half of his predictions, but he's not doing anything wrong. He's just like any other analyst.
How does his channel break the TOS?
I hate how they never explain which exact point those banned people broke so that they cannot even argue their case.
|
|
|
Why are you so concerned about the short-term price action OP?
Will it pump, will it dump? Does it really matter? If it dumps it's only going to be temporary.
If you want to make a quick buck you can try shorting the stock market. If the recession really hits it's going to fall even lower and these things always come like an aftershock of a big event. The economic shutdown was the event, now we're waiting for the shockwave to hit, starting from the poorest countries affected.
|
|
|
Don't expect someone to teach you about especially economy related because most of the students don't ever know how money works even if we use it on daily basis.Cryptocurrency could be a subject on schools but we need to know about decentralization before studying crypto currencies or people tend to see cryptos as just another form of digital payment.
You don't have to be taught about decentralization to understand Bitcoin and cryptocurrencies. Young people these days have open minds thanks to early exposure to the Internet. They learn graphics, programming, how to use all electronic devices, all by themselves or from video tutorials. They'll understand Bitcoin, don't you worry about it.
|
|
|
My crypto experience was mainly getting interested in altcoins as a quick way to make money. I got into trading and tried it all from trading shitcoins to trading top altcoins and finally into trading and then holding Bitcoin.
You have to kind off grow up to become a holder.
Most people look for a quick buck and get into all those scams hyips, cloud mining, faucets, all to learn that the real value lies in Bitcoin.
|
|
|
3. Ethereum has a brighter future than bitcoin, since ethereum is used to run applications there will be time in the future that we will be making payments using ethereum and not bitcoin.
I'm not bashing Ethereum here, but isn't it they have a lot of competition? They can't even stay above those competitions and now you think that it can overtake bitcoin as means of payment system? And afaik, Ethereum price is dependent on bitcoin as well. Most altcoins are and usually those that don't react to Bitcoin's pumps and dumps are worthless shitcoins that pump and dump at random and with those coins you can be sure to experience great volatility completely out of the blue. Bitcoin is fast enough for payments especially if you're making online purchases. These days with the virus in the air online shopping is booming. Bitcoin with its value and transaction cost probably won't be used to buy beer or coffee but the markets are much bigger than that. Buying a car or a house with your bitcoins will always be an option.
|
|
|
around 2 minutes in you're talking about a major resistance that hasn't been broken. Your resistance line is at 6962 but I'll be generous and say it's at 7000. It's still broken by now! We got rejected ad 7200 today. So what now? How is your prediction looking? Did it change into buy bitcoin now because that major resistance got broken or will you move the resistance line up by 200 dollars?
|
|
|
I've seen people do that in real time on youtube. Some of those trades can be closed within a minute and bring 1% profit but it's not like they're trading a whole Bitcoin every time. If you know what you're doing it's possible to have a steady income but at the same time this strategy is based on the market going up.
If you try scalping and get a stop loss after a stop loss at some point you may find it hard to get back that 10% lost in your last session.
|
|
|
In my own personal opinion, it will take years before scientists and doctors to create a vaccine and a cure for a virus, that is why there are still a lot of people who are infected in corona virus and it takes a lot of time for a COVID-19 patient to recover. I also think that there is a business behind this virus that the one who created the virus is just waiting for billions of people get infected before he show the cure to offer him billions of dollar.
There will be no need for a cure at that point. At this rate people whole world will have to get through it like they do with smallpox. Half of the infected get through it without any symptoms so you won't even know when it's over
|
|
|
Some gamblers really win i believe that if we don't stop gambling we can really win on it some people really didn't have luck on gambling and they always lose. Sometime we need to be more pratical if we are not lucky on gambling we can still have some many options to choose to earn a huge amount of profit.
Yes they do and there's a lot of evidence to that. There were examples of people breaking the bank and taking as much as it was possible from online casinos. Casinos need these people to win because they work like those lottery wins where you hear about someone wining millions and start to dream what you'd do in his place. This pushes people to play and so it goes. Remember that people win on regular basis but for 1 person to win there have to be a lot more losers.
|
|
|
I think that cryptocurrencies are looking good and healthy when compared to all the crazy shit that's going on out there in the world.
Stocks were crashing hard until the market sessions got stopped and countries begun to print money. So many people lost their jobs and many more will lose them in the next 2 months.
This is going to be a disaster but cryptocurrencies aren't even at their bear market lows. It's good. It means people are still buying.
|
|
|
some good suggestions mentioned here i think in case of wallets and especially if you are looking to hodl for long term then paper based wallets are good choice. Also always keep a backup at a separate location and try to password protect or encrypt the storage where you save your wallets.
You can make those so called paper wallets by engraving steel plates which makes them almost indestructible. I wouldn't go that far though. There are far easier and still very safe ways to store your coins like using 2 different offline hard drives or a hardware wallet and an sd card. Chances that both of them get destroyed at the same time are pretty low. The most important in my opinion is your mindset.
|
|
|
I believe that it's important to work for a trusted manager even when their rules are strict. At least you know everything from the start and if you fail it will be due to your own negligence or bad luck but you won't get scammed.
Start to rely on yourself and be thorough in what you do and you will make money.
One more thing. If you don't like the manager or don't trust him or don't like the rules choose another campaign. There's really no point in complaining! You get what you sign up for.
|
|
|
In this time of Crypto Revolution there are some issues supposed to be studied and in my Opinion cryptocurrency supposed to be subsubject when teaching economy this will add many benefits in this revolution.
This will not take a long time to happen. It will be a blockchain education in my opinion and there is already a project that is running an IEO on such. There is need for that as the cryptocurrency is steadily growing. With little time, this can happen if we embrace it. There are already schools that teach about Bitcoin and blockchain that supports it. It's just 6 years after the 2013 bubble that opened people's eyes and rised awareness. You might think that it's going to take long before it becomes a common subject taught at schools to children but it won't. Computer games went through a boom in the 90s and about 10 years later we had computer game design as a common course on universities. Technology moves fast!
|
|
|
You'll never get reliable results with a poll like that run on a Bitcoin forum. You wouldn't also get it to work if you asked gold bugs.
The votes are as expected favouring Bitcoin. I also chose Bitcoin because i'm here, investing in Bitcoin not on a gold forum looking for advice from those people.
|
|
|
Doubling after a lost bet sounds a lot like Martingale which is proven to not work in long term and it works with extreme difficulty in the few cases it works for only a really short amount of time.It is more luck rather than a strategy.
It can work in certain situations like when you start your bets low and have a lot of money to play with. Most martingale gamblers don't get broke on their first run. Usually they keep playing and playing until they get owned but those small wins from each run just make them want more becauuse even when they win they don't win enough. Martingale strategy is bad because it never ends up satisfying you. You'll keep playing for hours and still have only a little more.
|
|
|
"This is not going to sustain us — we need to feed our families, we need to put food on the table, we have bills mounting up,” said Debra Jeffries, a cocktail waitress for four decades at a major Strip casino. This reads like a joke. How can they say that they have no money to feed their families? Do they really have no savings? Maybe their loans are too big and they can't afford to keep paying up without a steady income. If that's so they should go to their banks and ask fo extensions first instead of demanding money from the employees that also don't get any revenue because of the virus.
|
|
|
source - data gathered from binance public API. they give info about trades, amounts.
just get this data and make simple calculations delta = (amount of btc that was sold on exchange) - (amount of btc that was bought on exchange) this delta for this period = about 100 000 btc
but price at this time period was moved from 7300 down to 3900 and later up to 6800 so result price move is only about $500 per btc
so some groups of people take these btc and payed about 600 mln usd for them, and at result keep prices I am very curious - what groups could make this and why
Why do you think that it was "someone"? Maybe those groups of people are normal investors who aren't teamed up in any way. There's more rich people in the world than you might think. People that can throw away a million dollars here and there to buy a nice car for a lover or an apartment in a place they visit once a year. If 100 thousand people bought bitcoins worth 600 million dollars is this such a big deal? You should rather focus on another question. Who supplied them with so many bitcoins? Are long term holders selling at these low prices? Who could afford to sell this much for 6000 dollars when the price was at 10 thousand since January? Are so many investors selling at a loss?
|
|
|
Third Halving May 2020 If Bitcoin happen to do another 12,000% - 13,000% we would see $380,000 - $400,000 per BTC..
If this is why you're here you're going to be disappointed. When I read posts like this I start to feel scared for Bitcoin. If the community is really built of people who wait for the halving "because 400 thousand!" "dude I'm gonna buy a car and a house next year because this bitcoin man you put 100 dollars and get 10 thousand after a year!" bitcoin is doomed. At least in the short term. I don't agree with the post above me that it's over for Bitcoin because it's not, but if it is it's because of greedy people who dream of how many dollars they will get for their coins in a year.
|
|
|
1)Market optimism is about to explode assuming we are truly moving away from Corona
No, it's not going to explode, it will be a short-lived spike once it's done but the damage the economy has sustained will show its influence for months maybe till the end of the year. Too many business and too much of the commerce has been affected if not completely shut down, billions and trillions lost, just hope will not pump prices back to ATH. Businesses will also not pump Bitcoin to ATH. Those companies that accepted bitcoin payments were never the real force behind pumps. In Bitcoin's history all big bull markets were due to hype or manipulation or hype and manipulation together but there's also that low value that is there thanks to long term investors. Businesses shutting down won't have anything to do with a bull market if it arrives and you won't even see it coming. Most people won't because otherwise most of us would be millionaires by now.
|
|
|
For coins that follow Bitcoin's price it's not going to continue.
I agree with analysts who say that Bitcoin has reached its bottom and we will not see anything below 4000 dollars ever again. This means that coins like BCH, ETH, LTC and other that tend to be linked to Bitcoin will not experience a crazy crash like last month. We can still remain in a channel and not see a real rally for months but we also won't face -50% again this year.
Corona will be over in 2 months that's my prediction for the virus.
|
|
|
|