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301  Economy / Speculation / Re: Bitcoin price prediction for before/after new year on: December 05, 2019, 02:06:26 PM
I think for end of 2019 it will jump between $8,000-$10,000 and for 2020 I think $10,000-$15,000. but I have absolutely no idea. over like a decade I'm almost perfectly sure that bitcoin will gain value. for 1 or even 2 years there is no person on the planet that could accurately tell you the price of bitcoin. at the moment for most buyers who just want to buy bitcoin for short term, it's a gamble. I think we will trade in the $7,000-$7,500 range for 3 weeks.
302  Economy / Speculation / Re: Bitcoin go to $8000 soon look this fractal on: December 05, 2019, 01:38:39 PM
I think the bottom could be in.  Since we are approaching the halving in a few months, I expect Bitcoin’s price to start to increase soon an double by the halving.
I don't think so. the price is determined by the available supply. today there are over 18 Million bitcoins available. those coins are setting the market price. Next halving will be about 330,000 coins in a year as reward. so what miners will mine in a whole year at today's prices or volumes will be traded in couple of hours. So the idea of a halving which should have influence on the price will be much more a human brain factor than a real market demand and supply factor.
303  Economy / Speculation / Re: Buy every dip! on: December 05, 2019, 01:30:47 PM
There are dips and there are corrections. to me a dip is 10-20%, a correction 20%-40%, a major correction 40-60%, and over 60% I consider it crashing. this is based on the high volatility of BTC, I'd use different % on stocks. however, i would agree. If you sold after every dip and bought again the follow dip, and sold again before it dips. so till Infinite you will be rich and a perfect trader. if you want to buy at dip and then hold for a long-term. i think the dip is not here yet. it's around $4,800 and we are going to that.
304  Economy / Economics / Re: Is Bitcoin Over? on: December 04, 2019, 11:54:54 AM
Good question and I am scared to give a clear answer to this. all Bitcoin holders want to know what is going to happen to Bitcoin. I think Since as Bitcoin market is one of the most volatile we often see some price fluctuations. Bitcoin has already fallen to $3,500 and raised to $14,000. Now the bitcoin rate is $7,200. If we could see the repeat of the last two rallies, Bitcoin could rise to $60,000 before crashing 85% again.

However, today’s crypto market is far different from the ones in 2013 and 2015. Now capitalization of Bitcoin reaches 200 billion USD. It's far larger than in 2013, it was about 1 billion USD. a lot has been changed. in general, I suppose Bitcoin won't become a mainstream payment mechanism, but it will remain a good hedging investment.
305  Bitcoin / Bitcoin Discussion / Re: crypto earnings on: December 04, 2019, 10:00:12 AM
The government has seen people make very large sums of fiat buying crypto and selling it at a later date. They want their cut. I think the CGT event on spending is a misguided way of closing the loophole "I didn't sell it for fiat when I bought that $15,000 item directly with BTC that I bought for $150, so no CGT". It also has the bonus effect of reducing the chance BTC will become a widely used Currency and pose any real threat to the government Dollar.
306  Economy / Speculation / Re: Bitcoin value on: December 04, 2019, 06:37:29 AM
Hi everyone, I'm new to the platform and a new crypto-currency lover and passionate about blockchain technology. I have lots of ideas and questions about crypto currencies and my first one, could Bitcoin see its value increase as much as in 2017? Thank you  Tongue
There is a good chance and I’d actually bet money on it. the crypto space has been suffering from a bear run for the 2018. It has reached to a ground level after it's historic peak in 2017. Don't forget, we are still in bearish season and the value of various cryptocurrencies has been dropped significantly. Now, as the trend of any financial market, a bull run is expected after the bear run. I expect BTC to become bullish in 7-9 months, as it will slowly start to rise in early 2020.
307  Bitcoin / Bitcoin Discussion / Re: Why Did Satoshi Nakamoto Choose 21M as Bitcoin’s Maximum Supply? on: December 04, 2019, 05:45:04 AM
No one knows the exact reason why Satoshi chose 21 million as a total bitcoin supply, maybe 21 million has a certain meaning, logically the coins which have a small supply of prices will be expensive, but that does not guarantee, there is also altcoin which has a small supply but no value.
The number's not arbitrary. it's the mathematical result of Bitcoin's emission schedule. he picked round numbers for block times, block halvings, and satoshi divisibility. 10 minute block times, 4-year block halvings, 8 decimals of divisibility. Do the math and that means the halvings occur every 210,000 blocks, and can only happen so many times before we're halving "down from" 1 satoshi. At that point, since partial satoshis don't exist on the blockchain, it just stops the block reward altogether. therefore 21 million is a result of choosing certain values for block times, block halvings, and satoshi divisibility, and those values happened to be rather easily understandable, round numbers.
308  Economy / Speculation / Re: Bitcoin is still really bullish (Unpopular opinion) on: December 03, 2019, 07:54:18 AM
I am really highly optimistic but not bullish, since no one controls the market, just a few investors who have invested billions in the market, hence can easily manipulate the price up or down with just few clicks of whales. therefore few dips literally mean nothing for this industry. it's here to stay and it's changing the world at much faster speed, well fast enough not to be appreciated by people who aren’t visionary and risk-takers.
309  Alternate cryptocurrencies / Altcoin Discussion / Re: Morgan Creek is Against The BTC Halving Popular Opinion. What do You think on: December 03, 2019, 07:21:31 AM
Somewhat agree. previous halvings were significant because the drops in the bitcoin supply inflation annual rate went from 25% to 12% in the first halving, then 8.3% to 4.2% on the second halving. this halving the drop goes from 3.7% to 1.8% on an annual basis. Further, lots of people know about it, so the current price partially already reflects the halvening.

However it's still big. every halving before has triggered a huge hype cycle. this time will be no different, but it won't be as big as before. the market will start pricing this halving in by the Q1 of 2020. In other words the bottom of this bear will be this year and we will see new all time highs by the end of 2020.
310  Economy / Speculation / Re: Bizarre crash! What cause bitcoin crash?? on: December 03, 2019, 06:16:44 AM
The reason for the crash is because there was a lot of speculators from the initial bullrun at the middle of the year and when the market dropped, they sold for various reasons and some of those people have not came back because they could not handle the dip. There was also a lot of FUD in regard to China news that I think also attributed to people holding off on buying. Then the FUD began and those brand new weak hands began to see the market going down and started to get out and created more FUD.
311  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 10.000 Euro longterm (2-3 years) - in what 2 altcoins should i invest? on: December 03, 2019, 05:56:52 AM
Ethereum is the first largest crypto which is popular among altcoins due to the smart contracts. It's blockchain technology is regularly updated and improved that makes Ethereum highly competitive coin in the market and good future perspectives. Monero is the king of anonymous cryptocurrencies and it's second option. I think that privacy was one of the main reasons why first crypto enthusiasts embraced digital money. Monero is indeed anonymous coin, therefore, due to it's feature, it has a bright future.
312  Alternate cryptocurrencies / Altcoin Discussion / Re: A piece of an advice on: December 03, 2019, 05:18:24 AM
Most cryptocurrencies are down around 80%-90% from all-time high and the number of dying Cryptocurrencies is rising greatly, but still there is hope. Look at bitcoin. It goes through waves. check the price history and you can see the different waves for yourself. most other coins follow the same pattern. Right now, the market is on a downtrend. Further, most Bitcoin is owned by a handful of people so they can move the market on a whim. this is true about other popular coins. add in institutional investors and speculators and you have a very volatile asset. It's original purpose was to be a decentralized payment platform, which it does, albeit not so well anymore.
313  Economy / Speculation / Re: Predict Bitcoin! on: December 02, 2019, 12:31:30 PM
Highly unlikely to maintain it's current price. much more likely to go up in price. there is high speculations that bitcoin will attain $10,000 this December. Well after a decent recovery, bitcoin price faced resistance near the 7,800 level against the US Dollar and may rally towards $8,000. The price is currently correcting gains and it is trading around $7,200-$7,300 support area. don't forget, Bitcoin is a tool for rich people to get more richer on our fear. Just buy some bitcoins now and sell it when it has $80,000 value in 2020. this is how you CAN'T lose.
314  Economy / Economics / Re: Hi Excuse me Are currencies a "store of value on: December 02, 2019, 12:05:44 PM
It is a store of value but it doesn't mean store of value is the primary function of money. there are many things that store value more effectively than money for example houses. It is that in order for money to function in it's primary capacity, which is to provide the market with liquidity, it must also store value, otherwise no one would want to hold it and therefore accept it as a medium of exchange. Money gets it's value from the market within which it is used as a medium of exchange.
315  Bitcoin / Bitcoin Discussion / Re: Make Bitcoin 'QUANTUM PROOF'! on: December 02, 2019, 10:01:51 AM
  Doing some upgrades or otherwise..   Huh                 
Bitcoin is designed in such a way that it can be upgraded in both the signing algorithm and the hashing algorithm. Quantum computing or not, at some point we will need to change algorithms for one reason or another. Bitcoin could be hard forked but would no longer be backwards compatible with previous versions so I suspect a soft fork from ECDSA and SHA-256 would happen while changing the difficulty rules of SHA-256 at the same time.
316  Economy / Trading Discussion / Re: How to buy 1 bitcoin on: December 02, 2019, 09:47:26 AM
So I own $1000 in bitcoin but I want to invest the remaining amount to accumulate a whole bitcoin.  The prices fluctuates every second so how can I do this on coinbase?  I believe this is called a market buy order and I've looked at the steps on how to do this but I think they're outdated or wrong.
If your using coinbase there’s a spread on top of the actual price, this additional cost insures instant settlement for buyers or sellers, it’s instant. but If you didn’t have the spread you would put an order In for the highest buy price and it might take a couple seconds to clear or it could take minutes it just depends on if someone places a buy order for cheaper than yours.
317  Bitcoin / Bitcoin Discussion / Re: Do you think that governments might one day ban Cryptos? on: December 02, 2019, 09:35:53 AM
From the states perspective, tactically it's much more preferably, if the general public believes as long as possible, that they could ban it at any moment. but they won't try to ban bitcoin, because they know they can't ban bitcoin. If they ban it and it doesn't work, which it won't, then the confidence to safeguard your capital in the ultimate off-shore tax-haven country "blockchain" increases exponentially. in my opinion weak governments will see it as a threat which you can already see with all those countries making it illegal.
318  Economy / Economics / Re: Trading on: December 01, 2019, 09:09:02 AM
Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?
Go to USDT/TUSD on Binance exchange. Price of Both tokens constantly fluctuate 2-3 times the Binance fee, and multiple times a day they fluctuate upwards of 1 percent and higher. If you have $10,000 to play with, even at a 0.2 percent profit, minus 0.05 percent for fees, you're making $15. You could do that a couple times per hour, every day, at least.
319  Economy / Economics / Re: Does halving really create deflation? on: December 01, 2019, 08:44:14 AM
In my opinion the definition of inflation with respect to a particular currency is that it will buy fewer goods and services over time. Deflation is the reverse. so you will be able to buy more in the future. there's no way to say that a particular currency is deflationary by definition, it all depends on what people will sell you for a particular unit. but the idea that BTC is deflationary because the supply of bitcoin is limited and there will only ever be 21 million bitcoins in existence. It has nothing to do with halvening event.
320  Economy / Economics / Re: what makes us good investors. on: December 01, 2019, 08:31:01 AM
I think the good investor tends to have a more disciplined approach such as when to buy or sell, what areas to invest in, where he or she may have gaps, etc. Good investors realize they may miss selling at the top or buying at the bottom, or miss on an opportunity if it’s outside their investment risk tolerance or overall strategy. further the amount of knowledge and analysis skills are most important ones. The level of these two element determines the level of ability in investing and a strong sense of business acumen too it always welcoming, and helps you to assest if one investment is good or bad.
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