Actually it's not a prediction of around half an year. It's a pretty long term prediction which may come true until the end of 2020. Moreover i am not predicting anything all I am doing is just sharing the past scenarios in which the btc has been and how it has moved out of those scenarios. Always when it halves from the previous high it acts as a support on the channel and gets ready for a wave up. Moreover TA is a game of probabilities and no one can say that this will 100% happen.

You know what I was watching this video while my neighbour stepped in. we watched the video together he said this video has changed his life and it has touched his heart. We then decided to rent a projector and show it to all the people in my village. My village people are so grateful for this. They say this has changed their lives. Now everyone can make money with Bitcoin. 

I mean c'mon mate there were just 3 legit reasons including mining, trading and affiliate to some extent. No one has made a fortune in faucet. And even these aren't anything new limited only to 2020 everyone has been doing it since 2012. Gambling not to mention is never a way to make money.

Actually this is untrue. Linear charts are equally helpful especially when you want to trade upon Cryptocurrencies. Generally is shorter time frames you won't see much deviation between a linear chart and a logarithmic chart but on longer time frames you will see that logarithmic chart gives an idea of overall trend but linear chart is helpful to tell the important support and resistance levels of markets along with some important breakouts too. Both have their own importance and one cannot undermine the importance of the other.

Bitcoin is really problematic in many things let it be long transaction times or low speed or maybe high use of electricity for mining but one thing in which it is great is being user friendly. Bitcoin core has a great interface which makes transactions too easy. Pickup any private key wallet just a scan of qr code would do the work for you. I don't think there is any problem in a user friendly interface when it comes to bitcoin.I think for Non-english speakers whole internet is a challenge. Not to be biased but basically everything on web is in English so language barriers just can never end. With help of google translate you may use translation on exchanges to help you out.

The point isn't that. Point is that money which i am using for mining is not being burned it is being exchanged as someone is selling it. Moreover Bitcoin mining can help me create my own bitcoin is itself a significant fact that it is made out of thin air which is what i am trying to say. Moreover hardfork is something different altogether. Gold wasn't refuted as currency due to its mass but because it can't be created unlimited like fiat which made it a deflationary currency just like bitcoin which is why we are trying to say that bitcoin might not be able to be as successful as a daily currency as we are expecting.

Question is how do you intend to give interest to anyone when the currency itself would deflate over time. We have the concept of interest rates in fiat currency because it is an inflationary currency and we keep the rate of interest above the rate of inflation but in case of a deflationary currency things will get much more complicated. people would return their loans earliest because what they borrowed yesterday is much more valuable today and will become too expensive tomorrow. Please make me understand that how would you give interest rate when you yourself won't be able to earn anything. Let's take you accept deposit of 5BTC and intend to give interest rate @ rate of 5% per annum and you give loan to people at rate of 10% per annum. Now people would start repaying their loans ASAP as both the BTC price will increase and the amount of loan to be repaid would increase. Moreover people investing in your bank would be much higher than those taking loan and itself would implode. 

Yes I am astonished by the performance of Elgar against Indian spinners. South Africa's start looked really grim but now they are back into the game. I think Indian team won't be much surprised as they still have an upper hand but I think the dreams of India to enforce South Africa into a follow on could just shatter. Although that being said Faf has lost his wicket but De Kock too is batting very nicely so I think maybe they can together make the total reach upto 300 from where they can look forward to draw this match because after that great first innings South Africa's chances to win this match are certainly over.

I am not actually making any baseless assumptions like 80-100K I think we are at 8k currently and 22k looks like a realistic assumption and this is the reason why I kept my analysis only upto that. Moreover this TA I think is a bit biased towards bullishness. This old school upward trend is not at all realistic in high leverage market today which even allows you to short the market. Yet I think we can go somewhere around $25k.Haha It screws everyone I think it's not bitcoin that screws everyone instead it is the Whale manipulation that screws us all. But To be very frank I think half a million is too high value for a mere digital currency no matter what it can be used for. If it does reaches 500k then era of fiat is definitely ending.

Investors actually have a very different mentality than that of a common man. They always think about building assets which could give them future cash flows instead of some useless assets which would depriciate over time. However everyone's system of planning is absolutely different as they set their own rules before buying anything. For Example, Some of them set a rule that a car must atleast be equal to 2 Months of their passive income and only this would mean that they can afford it. So, Investor is actually not an adjective it's a way of living your life.

First of all such a Cryptocurrency wont be cryptic at all because china would definitely have control excess over all the transactions and KYC would be mandatory so instead of saying it Cryptocurrency it's better to say it a digital currency. Moreover china is popularly known for creating it's very own version of everything instead of using something created overseas. It might be the part of the make in China initiative or whatever. They have their own google, youtube, facebook and now Bitcoin. World won't be benefited much from it. All it would do is act as a gateway between fiat world and Cryptocurrencies for the chinese people as they would first have to buy these crypto in order to buy bitcoin which they currently can't.

Hahah funny you don't realise that even cost of mining one bitcoin is also never $8000 or did you say you burned $8000 for mining a bitcoin? Let's face even if mining bitcoin takes a bit more effort still it is created out of thin code to be more specific. I know most people won't digest this fact but this is truth. Only security which i know takes a lot hell time to build and can't be created out of thin air is gold but it can't be used as a currency. My point was not to undermine the importance of bitcoin but to make clear that the time taken for creation doesn't determine status of money. Nevertheless i am pretty sure btc in its current form is impossible to be used as a replacement of fiat.

Actually the thing is thin air air is pretty controversial topic. The economists are of an opinion that fiat is not made of thin air because the government has backed all it's nation's asset and GDP before it's creation. While bitcoin is created with nothing but a mere code. I don't completely agree or disagree with them. I think both the currencies are made of thin air. But the thing is that there is no qualification over a currency that only something which takes years of time and resources can be termed as a currency. Currency can be anything that can be used as a medium of exchange and it's value is determined by it's widespread adoption. If we say that currencies around the world are backed by governments then we are wrong. They are actually backed by the people who use them for their business and have constructed their GDP on basis of that currency. Otherwise even Zimbawean Dollar was backed by their government we all know how it ended.

I have been posting the 4h chart for a day or two. So here is my daily chart analysis regarding the direction.


Tonight's close is really crucial if you see the RSI. we sort of just edged out of the oversold zone but couldn't hold it and went right down into it again. If until the close of the candle we can get back into 20-80 RSI range then definitely there is a change in trend. Also you can see the MACD histogram going down which means MACD crossover can take place in a day or two but for that RSI needs to close above the 20 mark. We currently aren't exactly bearish but not even bullish. If the close is below 20 & we break the 8000 support then get ready for a shakedown until the edge of this parallel downward channel. which may be somewhere around 6k. All on All currently you can stay out of the market even the 4h chart is somewhat not giving anything the double bottom miserably failed as we break below the neckline. Here is that analysis:
https://bitcointalk.org/index.php?topic=5188889.msg52607399#msg52607399

There are two reasons behind why governments have not made Bitcoin transactions illegal until yet:

1. It isn't that easy to Completely stop transactions:We all know weed is illegal but how far has government been able to stop it's circulation in even the top tier cities of States. Bitcoin is pretty similar too. Declaring bitcoin transaction illegal would actually have no impact because it is already impossible to trace them as of now. Recently there might have been a bit uprise in such tracing due to KYC of exchanges but still core transactions of btc over a private key wallet are absolutely untraceable.

2. Political Reasons: Let's face it biggest money launders in our world are the political leaders and political parties who regularly receive millions in form of undisclosed donation and bribery. This money is definitely fed into the crypto system and comes out clean after the process. This is another reason why government is a bit lethargic at banning crypto as their own business could stop.

Actually he is saying this because maybe Sri Lanka was never thought off as a competitive team for this series. Infact after the 2nd match they proved themselves why they couldn't be trusted. Even today odds were so low for sri lanka so that I think was the reason why people bidding for Sri Lanka would have been happy after watching them scoring 298. Even after that I think Sri Lanka gave a better fight today and atleast played like an international team unlike the last match where they were saved by just their two lower order batsmen.
I have seen a lot of people making a fortune on spot betting because they know how to read the nerves of the game. Not exactly in 50 over matches but in T20 some people can predict wickets and boundaries pretty well than others maybe from the stance of the batsmen or their body language or maybe how they had played the last two balls.

Daily trading is a very tough game not because market is unpredictable. But because we are humans we need some time to take our decisions and trading is a very hectic job. People often end up in a hell lot of depression while staying for 7 hours in market. So for any newbie i would suggest first to go long term. Because even if you make a wrong decision with your trade you have a lot of time to rectify the mistake but this won't be possible in case of day trading where matter of minutes can be a deciding factor in profits & loss. Moreover risk management technique required in Intra day needs to be more robust and effective than that in long term trading which is pretty difficult for any layman to create.

I am not surprised with the fact that there so less females as you can even see yourself on the forum that there are pretty less females around. The two things about which I am surprised after seeing these charts is that:

1. Proportion of persons 18-24 being so less: We all know that young people who are studying or just in job have more interest in technology and are more aware about recent changes over the web. But i think the non seriousness of such 90skids is the reason of this stats. The 25-34 age group seems so obvious. I thought 18-24 would be on number two.

2. Engagement stat of the age group of 45-54 is soo damn high. I thought people over 45 have a rigid mentality that nothing in this world can do anything to beat traditional governments and I don't blame them for this they have lived most of their life over this idea. So I always thought they might have just comprised of 3-4% of the whole community.

I don't know which world do you live in because I know only a handful(5-6) of small governments who have actually legalized Cryptocurrencies and are doing something for its adoption. Unlike your "most government" theory i think most government are planning to ban or put restrictions over the use of bitcoin. Moreover coming to companies, everyday you see a new company accepting bitcoin as a means of payment the next day you hear another company dropping it as a means of payment. So I don't think that is any good currently.
Critiques actually had all the reasons to doubt btc looking at it's comparison chart with almost all bubble charts until last year so I don't blame them however this representation of bitcoin as of now should change most of the people's idea of bitcoin as a bubble.

IEOs are equally a scam like the Icos except for the fact the these are a listed scams. I call icos scam bot because they run away with money but because they stay boldly without doing anything even after raising money. 99% of the Icos launched an year of couple of years ago have not achieved anything as per their road map.It's still not as simple as it seems. As i said main thing before last bull run was that a lot of people heard other's making money. This time it has to be something bigger and people need to realize the utility of blockchain for bull run to be triggered the event can be anything.
The manipulation work on the both sides for whale. They are great at creating FUD and equally good at creating FOMO we just saw in last few months  that btc went to 10k from 3k so whales can take the price to 20k equally easily

Actually people don't look at chart before making any comment but the famous experts you are talking about do look them before making such comments and at one time it did followed the trend of any normal bubble but not anymore. Moreover if somehow btc gets a bull run people will definitely trust it because it has grown up once again from rock bottom.
Actually the thing is there are two types of bubbles one is a bubble which is completely empty without anything good out of it and once it bursts we hit the level zero like the tulip bubble but in case of housing bubble when it burst prices didn't went to zero they actually went to the mean level. So i think btc is somewhat of this type even if the bubble bursts we are just going to the mean price and definitely not to zero because blockchain does have a lot of utility. I agree Bitcoin is way above nasdaq or anything but gravity has a potential to pull everything down