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261  Economy / Economics / Re: Is Bitcoin Over? on: November 24, 2019, 11:26:07 AM
Bitcoin will never end as long as the internet network is still there, the popularity of bitcoin is increasingly increasing among many people, today bitcoin does not mean bitcoin will end, in cryptocurrency the price goes up and down and has proper regulations, this decline is not permanent today the price of bitcoin has begun to increase so bitcoin is one of the digital assets of the future

   FUD is a common thing, Internet and Amazon had the same FUD around them in the beginning. They are still around, worth more
then before. After 10 years Bitcoin is still here, worth much more then before.
   Bitcoin is here to stay. I don't think we need more regulations, crypto-currencies are regulated. You probably mean about safety
regulations, something to protect us from scammers, but I don't believe in that, we need to protect ourselves alone, and we can do
that by educating ourselves and learning how to avoid them.
Bitcoin is unstoppable and even though there are FUDs around bitcoin, it already prove itself that it can survive any FUD because bitcoin already died a lot of times but it still manage to get up and move into higher highs. Bitcoin is a very great asset that can make you rich in under 10 years by just investing now and committing to hold it for long term.
262  Economy / Economics / Re: The Risks and Rewards of Cryptocurrencies on: November 24, 2019, 10:42:03 AM
The volatility of the cryptocurrencies are the real deal. The price of the bitcoin can easily change because of the demand and supply in the market. Many people thought they people is easy money and they are not considering the risks, it is the reason why many people are losing investment in the market.
The higher the risk, the higher the reward. That is the name of the game for cryptocurrencies. In order to make a lot of money, you need to take a lot of risk. All of those people who loses their money in the market are misinformed with the opportunity that the cryptocurrency has, they thought that cryptocurrencies are all high reward without risk.
263  Economy / Economics / Re: The U.S. Government Tried To Shut Down Bitcoin on: November 24, 2019, 10:05:17 AM
Even though all the biggest countries will try to shut down bitcoin, they will not become successful at it. Bitcoin is completely decentralized and there is no person or company behind bitcoin that is completely responsible to it. Bitcoin works on its own and the reason why government is trying to shut down bitcoin is they know that bitcoin is so powerful so they are trying to shut it down so people will get scared of using cryptocurrencies.
264  Economy / Trading Discussion / Re: Is Trading competition good way to earn money? on: November 23, 2019, 07:27:11 AM
The trading competitions are not only a good way to earn money but also a good way to test your skills and also enhance your way of learning. When you are in a trading competition, you are expected to perform best but you should also remember that you don't need to be perfect. You can make mistakes which you can use as your teacher in order to learn more and become better.
265  Economy / Trading Discussion / Re: WHAT DOES A TRADER NEED? on: November 23, 2019, 05:49:25 AM
Broad topic Cheesy
Trader needs patience and knowledge about cryptocurrencies, that's the most important.
Another thing is to have right exchange, safety first. I can recommend Kraken or CoinDeal.
Trader need to remember not to invest more than he can afford to lose!
In my opinion, most important skill of trader which will actually help him in becoming successful far earlier than his fellow, is knowledge. If he understand his asset, digital market and this profession very well, nothing can stop him from becoming rich. After acquiring this weapon, he won't have to work on his patience and tolerance. They will develop naturally in him. he should never ever give up. In exchanges, Binance is also a good option.
I agree. Knowledge is power. So if you have a lot of knowledge in your mind then you can outperform everybody in the game. Knowledge is the basic and most important thing that you need to have because you will be able to identify the things that you need to do in order to get into the place that you wanted to go. You can achieve knowledge by continuously studying through articles, videos online, courses and books.
266  Economy / Trading Discussion / Re: Do Not Trade By The News, Follow The Price Action on: November 23, 2019, 05:07:21 AM
As an investor I only invest in solid coins and HODL. I have seen over the years that crypto market rearly follow news and predictions. Most of the time I bought BTC based on news but in loss as nothing happened. Best is to buy on dip and be patient.
Most of the news are fake anyway, just a few weeks ago people were really excited because supposedly the Chinese government was interested in cryptocurrencies and the price went up, but the Chinese government is only interested in creating their own coins with their own blockchain that they control so this market is not going to benefit at all from such coin and if anything it is going to be a strong competitor to bitcoin and the rest of the altcoins.
That is why we should not trust the headlines of the news. We should believed but we should also verify if the news is really true. When you see an interesting news then do some research and look for the truth so you will be basing on that and you will not get hype and you will avoid having aggressive decision that might lead to a loss.
267  Economy / Trading Discussion / Re: Trading without losses? on: November 23, 2019, 04:14:52 AM
I wish there's a trading technique that actually exist where you invest your money with low risk potential but sadly mate a kind of investment like that doesn't exist. Even real estate investment has its risk cause you have to take care of all the maintenance, miscellaneous fees and those clients who ghost you. In my experience if you want to invest in the crypto platform you must be prepared to take risks. Personally ive failed countless times in trading but im still learning from it so i might give it another try.
That is the most important thing in trading which is the learning. If you failed a lot of times, don't be sad or angry about it and be happy instead because that is the proof that you are trying your best in order to succeed in a profession or field that you have chosen. Just continue doing what you currently doing and take all of the lessons from the mistakes and use that as a boost to level yourself up.
268  Economy / Economics / Re: Is small business ready to sell for cryptocurrency? on: November 22, 2019, 12:09:56 PM

I have my motivation to sell good and services but I still thinking where I can put it. on internet or in my town? because there are still a lot of people don't recognize crypto as a payment method in my place its too risky to run a business that crypto paying only so I decide that will spread the crypto first before I run a business so that everyone has their motivation too to accept and use crypto and also anywhere in our town and in internet. so small business will have a opportunity to expand with the help of crypto. 
The internet is your friend. You should put up your business both in your town and also in the internet because the internet will give you a lot of exposure if you will use the tools in the internet in the right way. Do not rush yourself to introduce cryptocurrency as a mode of payment as new customers will prefer to pay in either card or cold cash.
269  Other / Archival / Re: Is KYC benefit to crypto people or not on: November 16, 2019, 05:11:43 AM
Yes, and our information is really valuable to some businesses. Bitmex was also recently condemned for issuing KYC by users to sell to other businesses.
So now providing KYC is really dangerous and we shouldn't do it for a few dollars. Think of the far future and the higher goals.
Trading websites require KYC to maintain their website because that is required by the law. I think our identity is safe on a bigger and legitimate exchange, just like what you said, which is Bitmex. What I don't like is ICO and bounties that are requiring KYC. First of all, they are not proving themselves if they are legitimate or not. And for the user, there's no guarantee that their personal information is safe from those ICO and newly startup crypto business.
This depends on where the business is situated or registered since every country has different approach in crypto but as a trader we should make sure we are in the safe side and those exchange that are regulated by the law is safe but they will surely require KYC as that's the basic requirement for any regulated exchange.

Actually we can choose, there are some exchange that does not require KYC but in case of some trouble, we will surely feel the disadvantage of not complying with the KYC, non KYC is not advisable if you are transacting with big amount of money.
Indeed. They need KYC in order for them to confirm identity. But the thing is I do pass KYC only in the exchanges that I trust, example of it is binance, I trust binance because of their security also in yobit ofcourse. It depends on the situation and purpose whether should I pass my KYC or to avoid it, but I dont want to join campaigns that requires KYC specially if it is only a campaign not a project.
I have Binance exchange account but still not KYC because I just withdrawing under 2 btc on day, for investor have breat 2 btc withdrawing in daily I think better to make KYC and use your valid data for accepting in binance KYC, don't worry with your KYC in binance because they are trusted exchange site market and your data is safety.
With that said. It is a proof that submitting KYC should depend on the website that you are using. KYC is helpful even though you are not exceeding 2 bitcoin per day in withdrawal because it will make your account more secure since you have a proof of ownership to your account because of the identification documents.
270  Other / Meta / Re: 10th anniversary art contest on: November 11, 2019, 02:48:49 PM
This is my second entry for the 10th Anniversary Art Contest.



This Art is simply an astronaut playing with ten bitcoin bubbles.

BTC Address: 19sfZ46HPRWS8UvmC345UzBQCBrZJUVAuv
271  Economy / Economics / Re: Will Blockchain trigger a massive boost in our economy? on: November 11, 2019, 05:34:47 AM
It's a hard question.
No one knows exactly where the blockchain development will take us.
Perhaps towards freedom, perhaps towards the most frightening of dictatorships.
Useless to ask too big problems: let's try to make money with what we have available.
If the government will recognize and acknowledge the advantages of blockchain technology then I think that the blockchain technology will go far in the future. As of now, the governments are still doubting about the capabilities of blockchain because they are scared about the decentralization since they are all about centralization. But I do believe that in the near future, decentralization will be much more favorable in our world.
272  Economy / Trading Discussion / Re: Coins in Jan 2019 vs Nov 2019 on: November 10, 2019, 03:53:57 AM
$BTC = $3700 --> $9200
$ETH = $133 --> $185
$LTC = $31 --> $58
$XRP = .34c --> .29c
$BNB = $5 --> $20
$LINK = .30 --> $2.68
$EOS = $2.56 --> $3.31
$BSV = $89 --> $132
$BCH = $154 --> $294

MCap has 2x'd in USD & $XRP still ended up in the red.
what is your response to XRP?



January 2018 until may 19 is time to get opportunity to buy bitcoin for longbterm hold for sure people grab that opportunity have an huge earnings profits the currenct orice increase.
For xrp I think possible to get stake that coin if the ethereum get back strobgly increase their price value in coun market because I still believe altcoins stable if the queen is get is also stable.
But we have passed May already, it looks like we lost such an opportunity.

No, forget about XRP to make another peak again ( way back last 2017). Remember that XRP is a centralized coin, everything is controlled which we can't expect that this coin will move higher as it was before even ETH will move high back then. I'm not sure if this makes an alarming cause I know that people are more focus on Bitcoin and other decentralized coins.
Even though XRP is a centralized cryptocurrency, it still rely on the law of demand and supply. We have another chance right now to buy cheap altcoins and also bitcoin because the market is still under the bearish market and the best thing to do when the market is bearish is to buy good cryptocurrencies that are on sale or on a cheap price and hold them until the next bull run.
273  Other / Meta / Re: 10th anniversary art contest on: November 03, 2019, 02:59:47 PM
This is my first entry for the 10th Anniversary Art Contest.



This Art represents a pseudonymous inventor of BTC (Bitcoin) called Satoshi Nakamoto. Which he also built a forum which helped the cryptocurrency enthusiasts to share ideas/information about the technologies behind cryptocurrencies. The forum that he created, also gave chance and opportunity to the cryptocurrency enthusiasts to earn money.

Art Elaboration:

Faceless Man - Represents Satoshi Nakamoto.

Leaves - Represent Birth.
  • Biggest leaf - Represents the forum, which serves as a platform to discuss ideas, technology and to give opportunities to its members to earn some money.
  • Two small leaves - Represent some altcoins (XRP, BNB, ETH, LINK.)

Bitcoin Logo - Represents the cryptocurrency creation of Satoshi Nakamoto.

Uptrend Arrow - Represents growth for the cryptocurrency in terms of community and market.

Fiery Aura - Represents the desire of Satoshi Nakamoto to give the power back to the people through decentralization.

BTC Address: 19sfZ46HPRWS8UvmC345UzBQCBrZJUVAuv
274  Economy / Trading Discussion / Re: Do You Compare Your Trading ideas with others ? on: September 28, 2019, 12:19:05 AM
I do compare my trading ideas with other traders that I know because that is how we can share our thoughts and knowledge to each other and that is how we do in order to grow into a better version of ourselves. I do compare it to see the other perspective of the other traders and it also help me to identify some mistakes that I have done since I am still a newbie in trading.
275  Economy / Trading Discussion / Re: Bitcoin now a stable coin? on: April 22, 2019, 06:09:09 AM
Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol

Sometimes the price doesn't move in a large range and looks like it's stable. But certainly that won't last long. Fluctuations will occur at other times and with different ranges. We only need to wait for the right time to enter and to exit.
This current movements is fair enough for people who trusted bitcoin, they can keep buying at this low stage and hold their coins till the time that the value rises high again, not stable in the sense that it will stay at this point, just gaining supports and keep building strong holds in order to make sure that the next run will be sweet and smooth.
Yes, this stage for bitcoin is just the stage for building solid supports that is enough for the market to push the price up. It is also a good idea to keep buying bitcoin while it is not expensive as it is before so we can have a good spread for the possible profit once the market starts moving up to the moon.
276  Economy / Trading Discussion / Re: Trading for the Inexperienced Traders on: April 22, 2019, 05:57:02 AM
If you want to do trading then you should do it even though you are inexperienced trader or you don't have much experiences or knowledge regarding to trading. If you don't mind, just spend a small amount of money at first day of trading so you will have the feel of trading cryptocurrency and also to test the water if you are comfortable with it or not.
277  Economy / Trading Discussion / Re: Why trading is unhealthy? on: April 22, 2019, 05:47:22 AM
Trading is unhealthy because while we want to make a trade we have to work mentally and also we should work by our readiness. In this case it can create pressure on our mind as well as brain, so it is unhealthy.

I think, some people, when they start trading, realize that they suffer from bipolar. Really, they are happy like kids during the moments when they earn and get fast into depression when losing.

That is an interesting view, never heard of such conclusion before but still it could be true. But I think that wheb in trading for a long time people start to suffer from consequences of stress. When you are exposed to stress for to long your body starts to feel the consequences and that might leave traces on your health. That is why is very important to find the right balance.
Finding the balance from work and life is what most of the people need to do. They should create a time management plan where there is already plan on what time and what are the things that they will do to that certain time. This time management plan will help them to balance and organized things for them so they will not forget any of their task for the day.
278  Economy / Trading Discussion / Re: Trading Bitcoin at this moment is right? on: April 22, 2019, 05:38:34 AM
It doesn't depend on the moment if you are trading. It depends on you on how you are going to squeeze some profit this time. Bitcoin is always moving, its price might go up and down and you can trade that by buying from down prices and selling it on the up prices and that is simple and easy, so at the end of the day, it just always depend on your knowledge and skills to make bad situations, right.
279  Economy / Trading Discussion / Re: Most Promising Cryptocurrencies to Invest in 2019 on: April 22, 2019, 05:27:38 AM
BNB can be one of the profitable coin at the moment because their exchange is one of the most used exchange by traders so they will definitely use BNB to decrease the trading fees.But for me litecoin and monero can be best long term coin to invest in this year the profits may come this year or later but the prices we are getting may never be available again.
BNB is one of the reliable coins that should be gotten even if the situation is complicated. Even in this case it reached new ATH and increment will be permanent. Also NEO should be added to the list. IMO it is one of the promising coins for the future.
I agree that BNB is one of the most reliable coins right now because binance has a lot of good news and projects and they have a stable progress for their company. I am also investing in BNB because i know that in the future, this token will cost a high price each because of the growth of the company.
280  Economy / Economics / Re: If the government supports bitcoin instead of the existing currency. on: April 22, 2019, 05:17:35 AM
If the government support bitcoin instead of the existing currency then there will be a lot of blockchain projects that can be used as an innovation and start the revolution of our world into a more computer based operated system. Blockchain technology has a lot of advantages and we can maximize that if we will convince the government to support bitcoin and the blockchain technology.
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