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341  Alternate cryptocurrencies / Altcoin Discussion / Re: What you have been anticipating for- Ethereum hardfork on: January 07, 2019, 05:12:40 PM
Honestly I don't even remember how many times I have written on this forum about how ethereum was too low and it needs to be higher and it is highly undervalued right now and deserves 120-130+ prices give or take. Thankfully bitcoin and crypto space went up a bit but ethereum increase much more than others thanks to this hard fork. I have all my ethereums in my exchange that I use, after this hardfork I will probably move it to a wallet and stake it.

I may just get a vps so I can just put it there and keep there but I do not trust vps that much neither considering anything could happen there and I can lose all my coins. If I can find a way to safely do that I will probably do that but if I can't I will probably just stake while my PC is open and close when I go to bed, it will be inefficient but it will be a way of doing it at least.
342  Alternate cryptocurrencies / Altcoin Discussion / Re: Craziest Stablecoins on: January 07, 2019, 04:20:04 PM
Stablescoins may be the need of traders who are all want to lock their profits from the fluctuating cryptocurrencies. Other than this I'm not aware of any special benefit of having a coin which will be having same value all the times. Moreover, why we do need these many same functionality based coins ?
I believe we cannot ignore the need of stable coins in this modern crypto era as the applications of such stable coins is being innovated now only. I mean to say people may come up with more innovative ideas for having stable coins. At the same time I'm not seeing any future for this stable coins as they will keep on circulating from the devs and then simply going back to them. People may not hold for longer and due to many availability of these coins, success for most of these coins may not be possible.

I just wonder why a stablecoin needs to control their prices. I'm sorry I really could not get what you are referring.
I believe he's denoting about controlling the supply of coin and circulation. Because, a stable coin cannot have some unlimited supply on its own but it should be based on some reserve. As far as I have learned, tether is maintaining USD balances for their stable coin's circulation. Most probably he meant that.
343  Alternate cryptocurrencies / Altcoin Discussion / Re: STO or ICO? on: January 07, 2019, 03:50:27 PM
Securities needs to be really vetted well as well. I mean I am not an expert on this subject so I am quite new and don't know the details but unfortunately we are in crypto and I am afraid if STO gets bigger and ICO starts to go away some coins may come up saying they are STO and securities and so forth and that would make some newbies like me to invest into it whereas they are nothing just a scam and have no registration anywhere at all.

I think instead of looking at the way coins are trying to get funded, it is more reasonable to look at the team, look at what other coins this team created before and see how they fared before. If there is couple of guys together that previously did all kinds of difference coins combined on their CV that gives me more trust than anything STO or ICO honestly.
344  Alternate cryptocurrencies / Altcoin Discussion / Re: What will happen after ETH goes POS? on: January 07, 2019, 08:33:32 AM
After Ethereum POS, there would be no new coin created. The upgrade will improve the ethereum blockchain and will make it more efficient and faster.
As far as I am concerned, POS algorithm has nothing to do with efficiency and faster from POW. I mean to say both POS and POW are equally efficient and faster. But, after POS will be implemented into etehreum network, I am expecting more people start mining by holding large number of ethereum which will be leading to huge price increase in coming months. I'm eagerly waiting for ethereum to adopt POS.

All ETH miners will no longer have jobs. And maybe they will give up all and the ETH price might drop after the hard fork is completed. that's my fear for ETH when it moves to POS
I do not think that miners will be holding large number of their own mined ethereums. Usually miners will go for selling their mining rewards time to time so that they are able to cover their mining costs. There will be very less possibility for dumping once ethereum will be entering into POS mode of mining.
345  Economy / Trading Discussion / Re: Traders, what are your views in 2019. on: January 07, 2019, 07:25:18 AM
As for 2019, I will wait till the market bounce back before resuming by trading activity. Maybe just a few coins here and there, but I won't devote as much time as I did in 2017.
I was an active trader in 2017 but now I have turned into long term trader hence obviously I am also will not be spending big time for my trading in 2019. Most probably I will be right with my decision but it took long hours of frustrations and big money to take the decision of being long-term trader rather than trying out on daily basis.

I have already started to buy bitcoins and few other altcoins as I feeling that this must be the right time to buy and hold even market will be reacting on its own way. I will be ready to hold for years so I will not be bothering about what is going to happen in 2019. If market will be rising I will keep buying and if it will be falling down then I will wait and buy. Moreover, I am expecting market will keep rising in 2019 it may be completely different from most other people as they are speculating about mixed trend for this year.
346  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH and BTC bottom 2019 on: January 07, 2019, 06:34:51 AM
It is very difficult at this moment to make comments and predictions about Bitcoin's bottom and ETH. So Bitcoin always brings many unexpected and complicated things. I think the market will be stable in the future. We should consider Bitcoin and ETH and invest in it rather than waiting for them.
Predicting about the movements of bitcoin and ethereum is not that difficult when you are watching them for years and you are always keeping update yourself with news and events related to them. Even we are not able to predicting them accurately we can get approximate price levels like where they will be trading time to time. I am always more than 80% successful with my predictions so far with bitcoin and ethereum price movements.

What is everyone predicting as the bottom on the market for ETH and BTC for 2019
I don't see both ETH and BTC will be testing its bottom again this year. What we had as low in 2018 will be remaining as bottom for next 2 to 3 years. Because, I am expecting both ETH and BTC will be in uptrend in coming months and the we cannot expect any further downfall like what we had in 2018.
347  Economy / Trading Discussion / Re: Portfolio Rebalancing: A Trading Fee Analysis on: January 05, 2019, 07:12:11 PM
I just wonder that trading fee is playing major role in deciding our profit levels while trading in crypto exchanges ? Because I never bother about trading fees because most of the time as far as I have noticed that it is just less than 0.5%, it means I assume myself I never need to bother it as a criteria for choosing an exchange for having cheaper fees or it will be having no impact on my trading performances.

Moreover, I am not an active trader who will be trading multiple times in a day and most of the times per week. This might be another reason why so far I am just ignoring trading fee. I just start studying your article and let me ask if I will be getting any questions.
348  Economy / Speculation / Re: Is it time to sell Ethereum & all coins , and buy Bitcoin on: January 05, 2019, 04:52:35 PM
It depends on what you expect from bitcoin.

If you think that bitcoin will be capable of outpacing the other coins on growing and increasing in price than it is a great idea. However if you think there is a chance altcoins outperform bitcoin (historically quite possible) than it wouldn't make any sense.

When bitcoin goes down some of the other coins go down even faster, like bitcoin goes down 5% while ethereum goes down 15% or that type stuff however when the bitcoin price goes up than the altcoins go up faster like bitcoin goes up 5% while ethereum goes up 15% at the same time. It means if you trust that bitcoin will go up, buy something else like ethereum, if you think bitcoin will go down than keep your money at bitcoin no matter what. That is a valid strategy even whales use daily.
349  Economy / Speculation / Re: Imagine Crypto and Bitcoin Currency Risks in early 2018 on: January 05, 2019, 03:55:51 PM
The fear of falling prices for Bitcoin and other crypto currencies is suddenly still hotly discussed. Is it true that the future of digital money is getting worse in 2019?
I have seen couple of topics like this that stated "is it true that..." and continued to ask if what is "said" is true and all that.

Well, in order to even take you seriously don't you think it would be really good if you provided with a source ? For example here you said "is it true that the future of digital money is getting worse in 2019 ?", well who said that ? Did you ? If you said that than you should answer your own question first. If you didn't than who said that ?

I mean I have seen plenty of amazing news for 2019 starting with BAKKT and moving with SEC and tapping off with NASDAQ possibly. So, who says that 2019 will be getting worse ? Could it be ? Sure why not but the way the question was asked is making it like it is common thought that 2019 will be a bad year and everyone feels that way which is definitely not true at all.
350  Economy / Speculation / Re: What can people expect from BTC in 2019? What influences prices? on: January 04, 2019, 07:24:04 PM
Honestly I think stable prices do make it a bit boring right now. We have been waiting for the increase for so long that even when price goes up a bit people get excited about it. If we see $5k this month I am sure there will be topics here that say price is going to $100k and so forth.

Mark my words, if price moves about 50% quickly (today, tomorrow, next month doesn't matter when) people will start talking about 30-50 thousand dollars right away. The only reason for that is people have waited a long time for a next bull, it has been all downhill since the $20k mark, we didn't jumped up a bit while going down, it was pure down. Hence, I think the thing that influences the prices most will be the hype behind the bull, as soon as we start to go up people will get too excited and that will make the price go even higher and turn it into a cycle.
351  Economy / Economics / Re: The Denationalization of Money by Hayek on: January 04, 2019, 03:21:34 PM
What do you think about Hayeks The Denationalization of Money ideas -  do you find them too utopian?
Anyway, i was quoting his work in my Master thesis and one professor at my uni was very skeptical if Hayek would consider Cryptocurrencies as money and therfore i shouldn't apply it to my work. One of his main also arguments was that in Hayek's theory he considers money to be issued by some institution which has to keep the quality of currency because of free market forces.

This kind of argument doesn't work imo because in crypto we have the whole network of miners who also have an incentive for issuing quality improvements. What is your opinion on this and what arguments would you use in disscusion with old-school professor?
This is exactly my thought on money, euro has shown that it is doable even tough a huge challenge.
Even in a continent like Europe where bigger countries exists the euro currency have been going a rough time where Germany tries to make it more valuable while Greece is making it go down the hill.

Countries like Greece who have no idea how economy works and have governments that have no intention of fixing the issues will make euro worth less and less overtime, maybe not against other currencies but certainly within itself.

So if we make a currency that's worldwide, how could a great nation that makes profits all the time like China could control the value of their currency whereas nations like USA who have no control over money and constantly devalues dollar would be equals ? Hence, it would be insane for countries like UK and China to accept be in the same sentence as USA or Somalia.
352  Economy / Economics / Re: PREDICTION IS SOMETIMES LIKE A FALSE PROMISE on: January 04, 2019, 08:40:39 AM
Last year saw many people predict BTC year-end prices, but nothing was validated with time. it is very difficult for BTC to reach predictable prices. Future price predictions fail to consider many factors and problems that may occur over time.
You are right, a prediction may work and may not. We cannot do anything about that. For example, you follow some expert and he is giving some predictions and in market it is happening then are you going to reward him ? I am sure that is not a practice at all. Something will apply when their predictions fail. We cannot blame them. Because, we only need to take care of our hard earned money. We should not blindly believe someone else for making important financial decisions.

Maybe, we can only estimate the value of assets for the next few days like weather experts.
We can have other's predictions for the reason of having some overall idea. We need to do our own due diligence. So that, we may get accurate picture of market movements. If we just follow someone else then that will lead to unwanted results most of the times and may give profits some times. Doesn't this sound like gambling ?
353  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum is about to take back number #2 on: January 03, 2019, 07:33:56 PM
You all know, Ethereum has lost its value so much and lost its market place. XRP has taken number #2

And now, Ethereum is so close to taking back its place. (Possibly it'll take today or tomorrow)

2   XRP          XRP           $14.778.926.213   $0,362281      $424.889.258         40.794.121.066 XRP *   
3   Ethereum Ethereum   $14.721.437.843   $141,35           $2.274.518.045     104.147.800 ETH   


What do you think? I think Altcoin will move after ETH?
I do not understand this obsession with being number 2 all the time. Ethereum to me is by far the better coin for multiple reasons, XRP doesn't even worth 1 cent to me because what they do is shady and its not even REMOTELY relevant to the Ripple company, ethereum and XRP are equally related to Ripple company in value, dash, turtlecoin, nano, bitcoin, litecoin and all other coins you can think of have the same relevance to Ripple company. Hence ripple is worthless to me.

However, even if that is the case, I wouldn't mind ethereum being third and XRP being 2nd as long as all of crypto market finds green in their future. If we can have a bull run where all coins go %200+ in price, I wouldn't mind ethereum being 400-500 while xrp is 3-4 dollars, by all means as long as my favorite coin goes up, I am in favor of all coins going up as well.
354  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Whales Holding More ETH on: January 02, 2019, 04:58:09 PM
I think it is not just whales at this point. Look at the topics here, everyone is talking about the hard fork and everyone talks about how ethereum passed XRP at marketcap and how they must be doing something good for the coin since its looking like its going better and there is a bigger potential now and if we stayed with PoW these wouldn't happen and all that news.

Hence, I think yeah at this point whales already grabbed as much as they can but the smaller investors are getting into it as well. By smaller I do not mean couple hundred, I mean people with millions of dollars already invested but people with 10-50 thousand dollars is investing as well. I have seen people who sold their rigs and bought eth with it which honestly shows how much people love ethereum.
355  Alternate cryptocurrencies / Altcoin Discussion / Re: What is that big factor that can get back all the coins ATH on: January 02, 2019, 03:24:49 PM
2017 Majority of the altcoins reaches their all-time high and 2018 is a big turn around some coins hit their bottom low, what is this big factor or major update that can get make all the coins to reach their all-time high again.
I think a bull run is enough, I mean do you really think if bitcoin was 30 thousand dollars the other coins wouldn't be going up?

We all know market goes up when bitcoin goes up so we just need to find a reason for bitcoin to gup in order to make crypto market as a whole to go up. Considering the market is already established at this point the only way we can actually go even higher is the finance world getting into crypto heavily. For that to happen we need to make sure the lines are clearly drawn for those companies and SEC is trying to achieve that.

You have to understand these huge big investment banks usually don't invest into stuff themselves, they use other peoples money to invest into stuff, so if we can make crypto known greatly in mainstream media and get the SEC to draw the lines clearly for these companies they will have their customers calling them to buy this new "bit thing" and the price will soar like eagle.
356  Economy / Trading Discussion / Re: What are your key reasons of choosing a particular exchange for trading? on: December 31, 2018, 02:41:23 PM
I think everyone is just focusing on the history side of things and check if the exchange is trustworthy by previous testimonies.

For example binance is not as old as some of the other exchanges but they became one of the biggest by doing marketing amazingly by allowing people to get less transaction fee's and also allow people to offer affiliates and make money, that made them highest volume exchange pretty quickly because it gave people the chance to be an exchange for some people.

Moreover, what kept them so high was the fact that nobody had ever written a bad thing about them, you don't see people talking about how "binance took my money and I can't take it back" or how they were hacked or something. If you look at other big places like coinbase you see them putting fake volumes and keeping peoples money without paying them all the time which makes them less trustworthy.

Hence, when we are selecting an exchange, we go for the one with the least problems.
357  Economy / Trading Discussion / Re: Trading for the Inexperienced Traders on: December 31, 2018, 01:53:50 PM
Trading is a really tough job if you want to be consistent with it. Markets always have a downturn in the end even if it goes green for a long time, that makes things really hard for many people involved. This is not just crypto problem though, it is a general problem for everything in trading, like stocks and forex and all that. In the end there is always a bad red market that takes away all your profits you previously made.

You need to be really wise and have the relevant information at hand all the time and follow the markets constantly in order to anticipate things other people didn't see coming. It requires a lot of time invested into research and a lot of time into keeping up with the news and even that's not enough sometimes.

You also need to have a lot of cash always ready to drop the averages constantly. It is really not for people who are inexperienced and its not even for experience but lazy people.
358  Economy / Trading Discussion / Re: TA Indicators and their combinations on: December 30, 2018, 05:33:56 PM
What indicators have helped you the most and at what time frames you mostly use them? If you have any particular strategy to trade any coin then please share.
Candlestick pattern recognition had helped me a lot. Learning candlestick patterns is also a much easier one compared to any other trading strategies and application of it in real trading is marvelous. You can easily identify the reversal of market using candlestick patterns. But, always relying on only one way of technical analysis is not good. Combining multiple moving averages cross over along with candlesticks help you better.

I recommend to go for 4hr or day charts/timeframe.
Timeframe consideration must be dependent on the way of your trading. If you are into scalping or day-trading then you can go for 30 min or 1 hr charts. But, I am also preferring to use 4hr candlestick patterns as they are filtering out the in-between noise and showing only major trend reversal points.
359  Economy / Trading Discussion / Re: The Fate of ICOs. on: December 30, 2018, 02:15:46 PM
As you all know that 90% of ICOs this year was a totally loss. most of all the tokens that hit the market are trading below price. some of catastrophic. some are trading below 90% to 95% of their list price. Majority of ICOs this days have has decided to run token sales on Exchanges. as the year comes to an End, Could there be another means of raising fund for tokens come 2019.?
But, what actually happened to the ICO industry is not just due to bitcoin price fall down. But, ICOs are suffering severely due to its own scammers. Yes, due to the unregulated environment, many scammy people have started to misuse the platform in the name of ICOs to steal innocent people's money. I don't think in 2019 this ICO industry will be surviving or may not, by considering how depth it has fallen down on its own reasons.

We must need some regulations for these ICOs. That regulations could be possible in decentralized manner like from this community itself we can regulate them so that it will not suffer any more. I have seen many people have started discussions on this but none of them found reasonable to this community. It seems people are not interested to regulate the ICO industry and this must be the core reason why it is into its current state.

Personally I have stopped contributing into ICOs and honestly I'm not having any idea to resume it. I will be watching how some ICOs will be performing and based on that I will decide further.
360  Economy / Economics / Re: Will BTC defeated in 2019? on: December 30, 2018, 01:44:23 PM
Yeah, the trust level for crypto currencies has drop, but bitcoin will still stand high, its true that bitcoin still weak in some factors, but that doesn't mean that bitcoin couldn't improve, and bitcoin wont suddenly die
But I'm not seeing people are losing their trust level toward bitcoin due to the downfall we had in 2018. Interestingly, the people I have seen, are finding it as their opportunity of entering as they have already started showing interest in bitcoin when it was trading around $20k. Actually they are waiting for right time to buy and it has finally arrived for them. Because, if you go for studying how bitcoin prices are trading then you will never lose your confident on it. Yes, extreme ups and downs are very much common with bitcoin prices.

2019 will be another phase for crypto many companies already start to interested in crypto, I think bitcoin will be affected by this incident, so I don't see any major change or rise in going to happen in 2019, but I believe bitcoin will got more support
Yes, from common people to institutional fund managing houses start showing interest in adopting bitcoin for gaining maximum returns for their capital. When more people are getting into bitcoin, we can see bitcoin will be flying again.
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