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2821  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Cardano a steal at current prices ? on: January 21, 2020, 06:35:57 PM
Cardano is a good investment of all time. The development isn't complete yet, just a single layer of development has gone live. More to get developed for the completion of the project. When the perfect outcome goes live surely it'll be growing good. For long term investors cardano is the right pick, surely it'll give a much higher profit.

They are going to fork so this could be a good idea to sell at the peak when people are stacking up to get the fork for free. I expect it will be the same with Cardano as it was with BCH before SV. It's going to pump before the fork and then dump right after as people try to sell both original Cardano and its fork.
2822  Bitcoin / Bitcoin Discussion / Re: The Truth That Will Eventually Kill Bitcoin on: January 19, 2020, 11:00:02 PM
Bitcoin is not a fraud and it will be nearly impossible to kill it. This is first of all because bitcoin is decentralised which means that there's no central authority that could be brought down to destroy the system. Also, it can work even if all the technology goes down as the mining can literally be done with a peace of paper and a pen if the difficulty goes really down. That's why btc is wonderful.

You can quit it. OP doesn't even know what a fraud is.

the crime of getting money by deceiving people

So who is getting all that money? Satoshi Nakamoto? That's a good one!
2823  Bitcoin / Bitcoin Discussion / Re: Is $1.1 Billion Transaction in Bitcoin That Big of a Deal? on: January 19, 2020, 10:56:08 PM
I agree banking system has more security because people are follow this from ages, let's give some time for crypto currency too. Crypto asset is made only to secure financial transactions that's why it's known as decentralized digital payment structure.

Time has nothing to do with security. Old systems become obsolete. We shouldn't think that banks are safer than bitcoin because people used to trust them for a long time. How many went bankrupt and lost money? What about The Lehman Brothers?

People are scared of big transactions because they think a dump is coming. In reality people who have a lot of money to spend don't want to crash the market. They want to make more money.

2824  Economy / Trading Discussion / Re: My personal challenge: $1,000 to $1 Million on: January 19, 2020, 10:47:32 PM
Firstly, I did not understand why you set up a site for this. I can not find relationship between thought and the site. Was the site necessary to show them to someone?

I guess you can also see the risks. Because earning in good condition for a short time does not mean that it will always be. If the market goes down like last year, you should digest the results. So how do you intend to counter with it in such a volatile market? Did you think something for that?

And I don't see any connection with his sports betting and trading. We are on trading discussion and he admitted that most of his profits come from bets so where's the trading part.

Profit curve is nothing without a proof of bets and trades. I could be more convincing myself and set up a wallet address where I would keep sending coins and telling everyone that those are my profits from trading coming in. Wink
2825  Economy / Trading Discussion / Re: How to make big profits from exchanging bitcoin to altcoins on: January 19, 2020, 10:39:47 PM
You need to get the technical know-how before you can be successful in making a profit from exchanging bitcoin to altcoins, if not you might lose most of your capital and this takes some time.

First of all you have to ignore the bullshit because you can only make money by selling bitcoins and buying altcoins if you buy risky altcoins that are in a long bear market. Bitcoin SV is one of those. Normally you wouldn't touch that but then it suddenly pumped after many months because CSW was supposed to do something in court. Then it dumped again because he didn't do it.

It's really not a good idea to sell Bitcoin to get a pump and dump altcoin thinking you will catch a pump.
2826  Economy / Speculation / Re: Anyone else think "long term" hodlers are idiots? on: January 19, 2020, 10:25:33 PM
It takes a lot of effort to be a holder. Most people can't do it because they are weak or scared or lack dedication and willpower. Sometimes they are just poor and need money or get struck by a problem in life or family and need money. Not many of us can afford to spend 9000 USD for a bitcoin and forget about it.

For the above reason holders win and they will keep winning. If you can do what most people cannot you profit.
2827  Economy / Speculation / Re: Bitcoin Just Plunged $700 Upon Reaching $9,060, Correction or Reason To Panic? on: January 19, 2020, 10:17:58 PM
Looks healthy to me, i would be more alarmed if it suddenly went up from there. Steady rise with high volatility is something i can deal better with then parabolic rise.

Not really that healthy. It took only 3 minutes for the thing to play out from the beginning to the end. Makes you want to scream manipulation because it was so sudden and then nothing, no more trading. Like that person or group did what they had to do before anyone could react and left Cheesy

It's not a reason to panic because there was no follow up. Real bearish moves look like the asset is bleeding out slowly with small upside corrections.
2828  Economy / Gambling discussion / Re: What's in the game, after all? on: January 19, 2020, 10:09:15 PM
I think that there's a sense of relief. For me gambling with small money is boring and a way to kill time. Like a person playing solitaire feels relaxed and it distracts them but also keeps the brain engaged. Sometimes that's what you need.

When you gamble with big money it's like walking over the edge. You feel a rush of adrenaline aabd a bit of panic and then the outcome comes and brings relief. Sometimes after that relief there's disappointment but you don't gamble for that. You gamble for that rush and relief.
2829  Bitcoin / Bitcoin Discussion / Re: Are you currently holding cryptocurrencies and now speculating what will happen? on: January 19, 2020, 09:59:40 PM
I hold a lot of altcoin cryptocurrency, but everything has become junk, there is no hope to change ... in the past I really hoped that the price was high, but now certainly nothing has changed from that price ... and I feel disappointed ..! !

That's because you chose wrong twice. Once by choosing altcoins over Bitcoin and the second time by choosing new, cheap altcoins that you were gambling with. It wasn't an investment but a gamble because when you invest the product is already there.

If you buy before the launch or at launch you don't know what you're buying and usually it's a bag full of rotten apples that you now carry around and complain.
2830  Alternate cryptocurrencies / Altcoin Discussion / Re: An uncertain future of Libra! Is it good for the crypto traders? on: January 19, 2020, 09:45:20 PM
As far as I understand Libra is a kind of stable coin so there won't be any trading opportunities with it. I think it will be primarily used in the FB ecosystem sending to other users as simple as sending messages so it will have a huge adoption to the Libra and to the crypto as well. Facebook will not give up on its plan of launching IIMO we will hope for the best in terms of regulatory approval.

The only positive thing about Libra is that if it succeeds it will open a new market for crypto which is a market of facebook users who never heard about cryptocurrencies a think of them as too difficult and too technical. It's better for them to use libra and maybe learn something along the way than still use fiat.

If it doesn't happen and Libra gets rejected it's all fine. We had a 20 thousand dollar bitcoin without Libra!
2831  Alternate cryptocurrencies / Altcoin Discussion / Re: Is BCH, BSV more profitable than Ethereum? on: January 19, 2020, 09:35:44 PM
BCH is following Bitcoin because despite being a shitcoin it has its uses. They have some partnerships and of course own bitcoin.com. It's not as bad of a shitcoin as BSV. That one doesn't follow bitcoin's price and has completely no uses.

Craig made it and can unmake it. You can see that when he does something like secure a patent it goes up and when he gets sued or loses a case it goes down. SV exists because of craig and Craig is a liar.
2832  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Does the ETH/BTC ratio present a trading opportunity ? on: January 19, 2020, 09:20:36 PM
Yes, but there may be gains based on the ETH 2.0 launch - watch the video and let me know your thoughts

Here are they:
Your idea is that BTC is high and ETH is low now and we could sell BTC and buy some ETH. I don't agree. If we look at BTC mining power that is at ATH now and the coming halving and compare them to the state in 2017 when Bitcoin was at 20 thousand dollars we can see that it can not only go to 20 but far beyond that.

Selling it now to buy ETH is not what I'd do. It's still a better option than buying some worthless shit like SV or XRP but not as good as holding Bitcoin in anticipation of the halving.
2833  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Does the ETH/BTC ratio present a trading opportunity ? on: January 19, 2020, 08:47:57 PM
But why should the exchange rate be any different? ETH was high because of the ICO boom. Now we all know what ICOs were and how many of them lost money for investors. The price of ETH is reflecting that.

Vitalik dumping some of his ETH in 2017 also doesn't make a believer out of me and works like a deterrent for those who know about it.
2834  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you sure crypto is the future currency? on: January 19, 2020, 03:33:15 AM
It's enough for the market to start showing signs of bull for all of you to walk with your heads in the clouds. There's no more use of cryptocurrencies today than there was a month ago when we were at 7000 dollars for Bitcoin and all altcoins were looking like they're about to revisit 2019 lows. Now it's all about how much cryptos are being used and how they're the future.

We aren't in a real bull market yet just like we weren't there in Summer 2019.

I also think that someday people will treat cryptocurrencies like they're treating paypal and credit cards but we'll be old when it happens.
2835  Alternate cryptocurrencies / Altcoin Discussion / Re: Can I still claim my Bitcoin SV if I never claimed my Bitcoin Cash? on: January 19, 2020, 03:17:48 AM
Here you go https://electrum.org/#download
Update your electrum and try again with electron cash.

I downloaded the newest version of Electrum and after that still the same error message "version too old" when opening the Electrum wallet into the Electron Cash wallet.

Even after restarting my laptop, still the same. How can this be?



I think one of the wallets is one version forward from the other one. You can try to download an older version of electron cash and see if it will work.
If you're up for the task you can also use Exodus wallet to claim your coins but this will require you to import your bitcoin private keys into the wallet.

Here's how you do it
https://support.exodus.io/article/87-can-i-import-a-private-key
2836  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin still or altcoins on: January 19, 2020, 02:53:18 AM
People who choose altcoins over Bitcoin are usually of 3 types.
Type 1 doesn't know anything about cryptocurrencies and thinks they are all the same. They told him to buy some so he chooses one at random or goes to bitcoin.com and buys BCH thinking it's Bitcoin or SV because Satoshi Faketoshi is promoting it.
Type 2 chooses altcoins because he thinks Bitcoin is too expensive for him so he prefers to get 1 whole shitcoin than 0.01 of Bitcoin.
Type 3 is greedy and thinks alts will pump more than BTC.

Only type 3 I can understand but he wants to play a high risk game with high rewards. It not always works out.
2837  Bitcoin / Bitcoin Discussion / Re: Can we now confirm that he's Faketoshi.? on: January 18, 2020, 11:40:33 PM
We sure can do it but the community knew it for many years. Now it's time to make it official. Craig likes to hide behind courts and patents but when the court finally recognizes him as fake it's going to be hard for him to fool anyone or even start a company or make a business deal. He'll be burned and in debt and this comedy will finally end for good.

You fight with the sword you die by the sword Craig!
2838  Economy / Speculation / Re: Can bitcoin touch 9k USD next month? on: January 18, 2020, 11:26:21 PM
I think $9,000 is a huge milestone that will attract a lot of attention for another bull-run. The FOMO will be strong and a lot of folks who have been watching from the sidelines will jump in. The more the price increases, the more people will want in on the action. However, I think a lot of people are likely to buy Bitcoin if it drops under $7,000, thus there's resistance against it dropping much below. a lot of people are likely to sell Bitcoin if it rises over $9,000, thus there's resistance against it going higher. who wins? I don't know.

We'll see if people really recognize this as a milestone.

As I'm writing this we went to 9015 on Bitstamp, went sideways for a day and are now pumping back to 9000. At the moment it's 8945 USD. Will it be a double top or will people see there's a chance for a real bull market and a move to 10 thosaund again?

If we touch 10 we will break it for sure because it always did after touching that level. It always was 10200 or 10500, even 10900 in August.
2839  Bitcoin / Bitcoin Discussion / Re: Craig Wright provided the list of addresses that contains 1.1 million btc on: January 18, 2020, 11:08:45 PM
Makes you wonder if your own addresses aren't on that list.

There aren't that many big addresses on the network, ones that hold over 10 BTC. Craig had to find those addresses and list them. It that list available to public?

If you hold more than 10BTC on a single address chances are Craig included your coins on his list and is trying to make the court believe that he will in some distant future have access to these coins. It would take just 1 person to sign one of Craig's addresses for this scheme to crash hard.
2840  Economy / Speculation / Re: Did Elon Musk cause the massive bull-run? on: January 18, 2020, 10:58:41 PM
What if he truly is Satoshi nakamoto after all this time? lol  that would be funny

Musk doesn't have much experience as a coder.

If he's really behind this project it's as the person who came up with the idea not the one who really wrote and tested Bitcoin. Musk is brilliant but he wouldn't be able to do it. This was done by someone who knew all about encryption and decided to make money based on that. Maybe an ex CIA?
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