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341  Economy / Trading Discussion / Re: Best exchanges for trading on: April 14, 2018, 05:56:13 PM
Great I am glad you added HitBTC and Yobit too. They are crucified badly in outer world but they are really good at what they are doing. Hitbtc is having very interesting UI and it makes it easier to watch everything on site in single window. The market depth, charts, trade window and coin lists. The arrangement can be moved by dragging the windows here and there thats very ineteresting feature of that. To be honest they matters a lot for me as it help me keep fresh and I can trade with proper attention as I get everything handy! Binance off course taking the new leap with its platform and there app is what im fond of. Good range of exchangers anyway.
342  Alternate cryptocurrencies / Altcoin Discussion / Re: Bountyhive scam on: April 14, 2018, 05:31:13 PM
The teams are using us to enrich their pocket
I know many people will oppose me but with few observations I can tell you the are scam, the pay just 2% ND keep the rest for themselves, I believe there are some who will agree with me.

have u ever participated in any bounty here on bitcointalk campaign with 6000 people? name one bounty here with 6000 telegram participate, the give you penny and take the rest, i still stand firm on my words, the teams are using us to enrich their pocket

There had been some big discussion over this from the colorlessk bounties I guess. I mean they are using it for collecting the funds for themselves (not my words really) but the name is getting published everywhere with his campaigns. But somehow I believe that this manager is pretty good at what he does and may be its just misconception of whole project. A supporter if he is good then the project itself could good one too. Bountyhive and other services are open to everything. We can track down the stakes, we can know how much is being credited to us and thus keeping the process open end to end. So this needs to be discussed further for right answers.
343  Economy / Trading Discussion / Re: For what reasons crypto market increase and decrease ? on: April 14, 2018, 05:04:17 PM
i can unerstand when price of one crypto increase or decrease  , but why when it's bear or bull market all cryptos (or 90% of them ) goes up and down and follow a general trend ??

is poeple invest +- equally in different cryptos or just because market follow the top 3 cryto and mainly bitcoin  ??




Very good question about the whole market behaviour. Its not like all the people make +/- investment in every other coin but its all about the market correction that occurs when the whole market rises up and down. Also, its all about the bull trend that occurs where the stage comes when the total market cap starts rising due to major currency like BTC. Most of the times they are BTC dependent and last times pump was made into the BTC and rest of the market followed the correction to keep the market dominance. If they dont do that then correction wont happen and volume might decrease a lot to recover back.
344  Economy / Economics / Re: The EU wants transparency on Cryptocurrencies on: April 14, 2018, 04:46:16 PM
Stumbled upon this article today.

http://www.europarl.europa.eu/news/en/headlines/security/20180404STO00913/plenary-vote-stricter-eu-rules-on-money-laundering-and-terrorism-financing

According to the European Parliament, in order to fight money laundering and terrorism financing, they proposed a new legislation to regulate cryptocurrencies. Quoting from the article:

Quote
The new legislation would also require virtual currency exchange platforms and custodian wallet providers to exercise due diligence and end the anonymity associated with such exchanges. “Now we say that platform providers and those who keep bitcoins in their wallet need to know their customers just as banks do. It is quite revolutionary,” explains Sargentini.

In simple words, they actually want wallet providers to require more information from us, similar to banks.

What are your thoughts on this? Could this ever happen?

Is it really new thing or the old one. I mean isn't our regional wallets are already asking for the KYC documents before we could start the transaction on the same? I mean I know this one is about the exchanger itself but to reach the exchanger we need money from our wallets, and wallets can be tracked with KYC info and thus it becomes completely transparent too.

If exchangers started asking for the more info which would be obvious the KYC's then also it will be the same thing as before only the mega difference would be "we will need to pay taxes on every dime that we are earning online". I mean unlike today where we can earn from bounties, trade online and keep the BTC over there only hides our wealth 100% but after this rule it wont happen. So its kind of bad thing.
345  Alternate cryptocurrencies / Altcoin Discussion / Re: The future of Crypto Currency? on: April 13, 2018, 11:50:57 AM
I would like to start a discussion about the future of Crypto.

How long crypto will last?
Can crypto die?
Can government kill crypto?

Here is the future of the crypto currency! Always moving forward with few stops in between and making its way to the highest possible peaks really. I mean after having experience of 2-3 years in the crypto I have come to one solid conclusion and that says we can not destroy the crypto's. It is in the hands of people now whether to keep it alive or not. Today, government is trying to regulate the crypto's currencies but it is leaving behind the positive effect on it and nothing else. Look at the example of Japan, where the crypto is widely used and under the permission of the Japanese governers itself. Thus it does feels better when some country is taking step forward. So answer your question its becoming easier day by day and crypto will evolve more rather than they will die.
346  Economy / Speculation / Re: The price of Bitcoin will soon reach $15k on April, 2018 on: April 13, 2018, 11:02:52 AM
Based on Bollinger Band and Trendline we can easy see the price of Bitcoin is in downtrend but now BTC have very strong support at $7,100
Opposite, BTC is resistance at $8,700 ; $9,100 ; $10,200
My prediction, the price of Bitcoin will fluctuate in price range $7,100 - $10,200 in 2 or 3 next week to accumulation for new pump on April.
What is your opinion? Please discuss together.


I am just thinking that it will be easier for the btc to reach that prices now as we have resisted the 7K USD very nicely this time and BTC has jumped all the way upto the 8K USD. I am having good feeling about this scenario and looks like we will reach base prices of 10K USD before the end of April month for sure. This is not about the thin air speculation but truly something that is about to happen and thus we can expect these new heights. Before the year end we could just get blessed with the 20K USD plus rates as we speak! I mean there is nothing that can take the BTC down and strong handed people are growing in the market a lot thus making it far stable than the last three months. So lets hope for the betterment of the crypto and hope to reach those prices sooner.
347  Economy / Speculation / Re: Bitcoin price increases 1000$ in 10 minutes - why? on: April 12, 2018, 02:11:26 PM
coordinated pump

That sounds bazaar when we talk about the bitcoin! Come on its not co-ordinated pump at all because it would take huge amount money to move market like that way. It surged almost 1000K USD within an half hour and it will take bigger walls to build the next one. The pump doesn't work like that. It must be something else, who knows it could be Mt. Gox buying the BTC one more time as he sold at very high rates and these are cheap one for him. Lolz. Im just kidding but that could be the reason who knows. For this scenario to be evaluated one needs to identify the bitcoin movement or at least we need to check from where the huge volume is coming. If it is too many transactions then we can suspect a co-ordinated pump. But I still suspect it is not.
348  Economy / Economics / Re: Do you agree? on: April 12, 2018, 01:20:33 PM
According to CCN, Bitcoin prices will probably climb after April 17, when Tax Day in the United States is over. That’s what Fundstrat co-founder Tom Lee, a noted bitcoin bull, predicts.

If this is true then. Better buy some bitcoins now as long as is it low. Goodluck guys !

Source: @cryptomeren

EDITED
BULLISH RUN IS COMING AS THEY PREDICTED!
It was early for now ! Hope it will consistently pump 😁

Come check the market now!!! Its already pumping in the straight line and CCN is about to get their info verified. Its only few days remaining for the taxation process to over and the first pump has started already. Wondering why this is happening but this has got to do something with the tax only thats my gut feeling. I mean just imagine if this kept going on then we can see some great news coming on the way. Its just that community should hold their assets in the bitcoin and let it go beyond the 10K rates to cross the resistance. This will change many things dramatically and will lead to good results.
Yeah I agree this has to do something with US taxing.
349  Bitcoin / Bitcoin Discussion / Re: Reasons Why We Should Love Bitcoin on: April 12, 2018, 10:24:57 AM
There are various reasons why everyone should embrace Bitcoin. Some of which are: It came as a result of technology advancement. It is a future and present money. It is decentralized. It attracts little or no transactions fees. Transactions of bitcoins can be done within few seconds. It create more jobs for the teeming population e.t.c
There are many reasons for me to love this awesome product which I claim is the product of the century because it has made its own place in the market with allowing the people to work for it on different platforms and in the end the people have got all the profits. It has given the concept that the money belongs to the people and not the banks and if that money is doubled, even then it belongs to that individual.

Those are not real reasons or you may wanna expand little more about it to have clear understanding. Though it has given us freedom to own the bitcoin or any other coins then also it is not with us as result of decentralisation. I mean you can keep it but you cant own it as banks and other regulatory bodies are making tremendous pressure on the crypto's and thus we have to be use this currency in the fear and we will have no idea when the coin will be banned!

The only reason that people love the bitcoin is its value and the way it gives us profits. There are literally few people in this world who are trying to develop it and hence its been done at slower rates. Its just about the profits, come on guys you can open up straight.  Wink
350  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The market goes up or bull-trap ? on: April 09, 2018, 07:56:31 PM
The market goes up  or bull-trap ?
You guys have any opinion about this ?

We are still in bull trap but this will be over soon as we pass on the first quarter. This is all about it because time is what defines everything in the crypto currency. I mean it is the one factors that can change the fate of crypto currency. With the entry into second quarter of the year I am pretty sure most of the investments has already been done with low buys and thus it will help push the market up and we will actually enter into he bull market. Looking after some strong green market rest of the peoples will follow too and thus it could help us grow more. So yeah I am sure that this is trap but really temporary one and easy to break one.  Cheesy
351  Alternate cryptocurrencies / Altcoin Discussion / Re: Will alternative cyptocurrencies over? on: April 09, 2018, 06:53:06 PM
Its not big thing to know that the coin which is well nurtured will rise in the future. Obviously that is what keeping the existence of many of the coins which are almost reaching the top 100. However there are also many coins which can be considered the best one who are amongst the next 500 count but its just the fact that they dont get much exposure. Now the best part is, altcoins lovers are more than the bitcoin because of simple fact : They are cheap! Obviously every person that enters the market has BTC with them but that is like must have coin thats why they hold it. But on the other hand all of them get involved into altcoins for quick profits through the altcoins and I consider myself one of them as I like the alts too. Though they are shitty form of the money but they are making money isn't it!
352  Economy / Trading Discussion / Re: Why do people think that they can time the market? on: April 09, 2018, 06:06:11 PM
No one is able to do this (timing the market) in traditional markets but everyone does try to do it both in traditional markets and in crypto. Why do people think that they're able to do this?

Is it because they think they can do it while no one else can? Let me know folks.

I guess people just wanted to know how much they can make a 'educated guess'. There's no difference in like a roulette or a baccarat game. They think they can predict it and when they hit it, they feel like they are invincible and can accurate hit in the next time, however, they will feel sad when they got it wrong. Yeah, maybe is like a badge or something, no other people can predict except you and that will make you feel great.

SO you mean its like when you get the winning at first time you get confident about the next round and then you go for it blindly. But when the next round turns out to be bad then the psychology starts playing the game where it says you will win and win big this time but you dont really. Then your brain starts working where it says that you will get your losses and profit in this round and this keeps going on forever.

Yes off course the time kills it, if you dont control it then it will kill your game for sure. This is very common thing to happen in the world of crypto currency.
353  Economy / Economics / Re: Is this the beginning of new crypto era? on: April 09, 2018, 05:40:17 PM
Is it me only or anyone else thinks this news are awesome?

First, Kevin O‘Leary announces he is working on a deal to offer hotel shares through ICO. Then, Lympo announces they will be distributing company shares to their token holders.

What do you think guys? Does this mean we are entering a new - assets backed - cryptocurrency stage? I am a bit skeptical as I am yet to understand how it will affect the crypto industry and tokenomics. Will we see more stringent measures or to the contrary – regulators will back down as more and more ICO will have some real assets behind them.

What are your opinions?
 

Sources to the news:
https://www.cnbc.com/2018/03/19/kevin-oleary-new-york-city-hotel-hopes-to-launch-400-million-dollar-coin-offering.html
https://cryptonews.com/news/lithuanian-startup-kicks-off-new-coin-model-mulls-ipo-1438.htm


Hm, there are already more than sufficient people who are trying hard to push the crypto currencies further however there are double than that who are actually trying to take it down. This technological advancement actually has turned into Cold War where people want the crypto currency badly but there are also regulatory bodies who are trying to avoid them at the same time.

Quote
What do you think guys? Does this mean we are entering a new - assets backed - cryptocurrency stage?

This has already happened but we are not giving it the scope which it should have been getting until now. What is wrong ? The wrong thing that happened is we started using the crypto currencies as way of earning money but not as currency!! That makes huge difference between the tech that was created for something but ended up with something else.  Tongue
354  Economy / Trading Discussion / Re: Trading without knowledge on: April 08, 2018, 01:52:58 PM
A lot of people do trading even if they don't know nothing about it and some people succeed on that but most of them failed.
One of the reason why I think they do that, is because of GREED which can result to a big loss for them.

Start with education, make a lot of research, do some practice trading online
and use it later on in real life. Don't rush to earn money because in trading its hard to do so.

Are you a trader in mind but scared inside?
Be more patient, develop your emotion and win in this market.


I agree with you. I think that the best weapon and strategy that we should be and should have here is just to be patient and positive here in crypto. Trading is a challenging thing that would changebour lives for good in the future so we must focus on the things that will help us grow in this field.

Indeed. Creating the strategy before entering into the market is great step to take. There are people who only work out their trades based on the strategies and nothing else. Sometimes they are so best in that they could just earn huge profits without studying any back links of the project and neither they are considering different facts of the project, they are just understanding the behaviour of the coin, making strategies on that and earning with it. Greed will always be enemy of the human and to be frank most of the people are there who cant control it. Its far difficult and beyond imagination everyone being so straight about their trades and not being the greedy one.
355  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is NEO still worth investing in? on: April 08, 2018, 12:24:55 PM
I think Neo will be a good and promising addition to your portfolio if you can summon the courage needed to get it when you still can. The dip has offered everyone who have any desire of getting this precious coin when they can still can. Nice one, nice move.

That's correct, NEO has a good feedback to those who are using it.  I'll be recommending NEO to some who plan to invest in it. It has a potential really and i know it will still be continued as the time goes by.

The battle continues all the time mate! There are many more people who also thinks that ETH is best altcoin ever and they are finding it beneficial in terms of using it for the transactions, paying people and getting paid as well. Most of the ICO are using it for their internal fund raising and thus it forms the #1 currency to invest in. As such NEO has also out-performed in very short period of time and it has been ATH to 130 USD + but that was long back ago now. The current situation is different. ETH is down and people know very well how far it can go (ATH=1200+) thus it has got more advantages and more popularity as well. I think will stick to ETH.
356  Bitcoin / Bitcoin Discussion / Re: felling depressed for holding bitcoin :/ on: April 08, 2018, 11:45:18 AM
i have 0.5 btc on my hand
but the problem is btc is falling day by day
its hits me in my heart like a spike
cs i buy this btc on 12000$
 now im in loss of 5000$
it has fall onto 7000$
what shoud i do?
should i keep it???

There you go, if you still holding your BTC then we have already started to move towards the highs of the bitcoin.This will be expected in the same manner as you went down from 12k to 6k the only thing that will happen is, it will reverse now.  Cheesy
We do have reached the 7K already. So you can expect the journey in following way,
in next two months hopefully we will reach 9-10K price. There will be little ups and downs at this point. Then after little halt we can see upward moment that will catch the prices of 12K. And by the year end we will be back to 20K. Lets think in that way as it did happen in the past, however the prices were different in terms of ATH and ATL.  Wink
357  Economy / Trading Discussion / Re: Trader Future life? on: April 08, 2018, 10:41:25 AM
How is trader life in the future?A trader is the country's wealth?

If it is crypto trader we are talking about then I am pretty sure it will be fun in the future. The fun in terms of prices, more stable prices and market cap than what we have today! Yes, obviously in the future, lets say about 10 years from now most of the coins will have exhausted supply of the coins and thus making its demand go beyond the skies. As there will be no more coins that will be generated then it means that the prices will stay stable for longer time.

Trades will becomes very very long lasting and they might just reflect the stock market where the prices will be changing according to the news in the world. If coins are legal and being used for government applications then surely they will be more or less be controlled by them too. Thus making it exactly the same thing as we are trading different commodities today.
358  Economy / Speculation / Re: Why is Bitcoin's daily price fluctuations getting smaller and smaller? on: April 08, 2018, 10:12:26 AM
There are two possible reasons for this :

1. A certain percentage of Bitcoin investors consist of speculators. They are causing most of the volatility in the market, so when there is a dip in the price, these speculators sell quickly to protect their profits. Once they exit the price becomes less volatile.

2. A large amount of Bitcoin hoarders are not paying with bitcoins when the price is lower. They get less value for their money, when the price is low. So when there are not a lot of transactions on the exchanges, the price will be more stable.

Low price = less transactions & trading = less volatility.  Wink

There are more similar and unrelated factors as well which is causing this gap to get filled very fast. The theory is simple and it says one thing for sure . .
Since the dip has occurred for the bitcoin (January) the hodlers of the bitcoin started to worry about the prices and were concerned a lot about it. After that those who were the weak one started selling their bitcoin at alarming rate and looking at the prices this selling process got increased a lot in the time. Whales were the one who saw the great opportunity coming up front and when the prices were low they started to buy more and more coin.

The thing is, there was buyer-seller ratio when this happened and thats why the price fluctuations were very very high in the first place. However, as the time passed enough bitcoins were bought and the number of buyers is now decreasing. Thus though there are people who are selling the coins, there are also no more people who are going to buy them. So the process is kind of halted or slowed down and thus the gap is getting filled smaller smaller day by day.
359  Bitcoin / Bitcoin Discussion / Re: RBI ban impact on crypto currency. on: April 08, 2018, 04:18:46 AM
RBI has banned crypto currency in INDIA and given a timeline of 3 months to financial institutions so how much will it impact on price of BTC globally in next 3 month?

It will impact only that much, upto which level the bitcoin holders are present in the India. It's obvious because if they sell bitocin tomorrow or if the government cease the crypto assets then it will hamper bitcoin market directly as that much equivalent money will be shipped out of the bitcoin market. So that's the thing, only that much money which is involved into the India.

That's the speculation about the technical market situation and it's effect.

On the other hand there is no global or political effects of this bam in the world because India is not involved in such things on major scale.
360  Bitcoin / Bitcoin Discussion / Re: India closes doors for Crypto Currency on: April 07, 2018, 10:42:52 AM
According to recent news, RBI which is India's central banking institution has advised to stop transactions from any crpto exchanges. This will stop the buying and selling of bitcoin and changing into local currency. Official statements hint more bad days for bitcoin.

For more info, check : https://economictimes.indiatimes.com/wealth/personal-finance-news/your-bank-will-not-allow-you-to-buy-bitcoins-anymore/articleshow/63627123.cms
https://ambcrypto.com/bitcoin-btc-banned-in-india-reserve-bank-of-india-releases-an-official-statement/

Dont bother mate because there is still long procedure for that law to be implemented in the Indian book of laws!  Wink
See if they are making any major changes then there is procedure of passing the bill into the assembly and if you are from India then you know very well how the assembly works in our country. It will take lot of time until the bill has been passed. Until that time you can just keep your investment safe. I would suggest you to move your assets in the non-indian exchanger and also move it out of the zebpay first.

No need to take this issue on major scale as it is better to have discounted prices and make changes to our investment portfolio. One thing is sure India will not pass this bill. Its just coming out the thin air.
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