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3521  Economy / Speculation / Re: Catalyst for recent bitcoin dump on: May 20, 2021, 10:04:06 AM
The main catalyst is the lack of serious correction since 2020. The next few weekly candles will make things clearer. I am keen on a sideway time after this massive bloodbath.

How do people can think Bitcoin will rise up forever without significant Big Red Candles (weekly)? They only talk about Big Green Candles.

Any coincidence for 2017 and 2021 markets?

Bloodbaths in the middle of bull run are preparations for the second part of Bitcoin parabola. The next bull phase of Bitcoin would be began in August and blossom might be seen since November.  Cheesy

3522  Economy / Service Discussion / Re: Coinmarketcap is collapsed from traffic on: May 19, 2021, 01:46:49 PM
Binance has crashed and it's still down.
Binance fuc* their customers again. I wish that other exchanges will take over Binance position. Nothing can stay at top forever. In the past, Poloniex, Bittrex got troubles with technical issues, disconnections, lags when market has massacres. Recent months, since the bull run of Bitcoin, we have Binance.

Spot traders will be fine but leverage traders will be killed by Binance.
3523  Economy / Scam Accusations / Re: Bizarro Trojan hijacking Bitcoin wallets and stealing bank credentials on: May 19, 2021, 01:33:13 PM
Some basic rules but many people don't follow
  • Use different emails for different purposes
  • Some emails are used for important things only
  • For entertainment or gambling, trading, exchange experience, especially new platforms, let's use emails that don't connect to your bank account or your main account on exchanges
  • Main or sub, the vital rules are: Don't open email from strangers. Don't click on hyperlinks from strangers.
3524  Bitcoin / Bitcoin Discussion / Re: How Long Can Dinosaurs Defend Bitcoin?? All the way down to zero? on: May 19, 2021, 11:27:41 AM
Fact sheet

The longer the longevity Bitcoin has, the higher value it has and the probability that it will fall to zero or dead is nearly zero, impossible. Bitcoin has passed through the first challenging ten years from which it will move strongly.

3525  Other / Off-topic / Re: Now tell me if you still believe on Elon Musk. on: May 19, 2021, 04:47:45 AM
According to Tesla, the reason why they are not anymore accepting bitcoin is because of this reason.
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use
It is a very old news and price was manipulated for a while.

Quote
But this article came out and their study proved that Banking system consumes two times more energy than Bitcoin: Research
The fact is not only bank system but also many other industries consume more energy than Bitcoin mining. I agree that it is better if Bitcoin mining farms have an adaptation and hybrid energy with more weights from renewable resources. Cost and benefit will be matter as mining farms will have to spend capital for infrastructures of renewable energy production equipment. They will have to consider about maintenance cost, lifespan of those equipment. Usable time every day and in different seasons.

Generally, it is not actually a bad idea.

Quote
So what are your thoughts on this, is Elon still credible that we should follow his tweet?
Why not? You can follow his tweets but think differently than the crowd.
3526  Alternate cryptocurrencies / Marketplace (Altcoins) / [BGL] BitGeSell Buy Demand on: May 19, 2021, 04:36:45 AM
I would like to open my buy offers for Bitgesell (BGL)

  • My Tether USD (USDT) exchanges for your Bitgesell coin (BGL)
  • My trade will be done on TRC 20 chain.
  • Rate: at 0.038 USDT for 1 BGL
  • 10000 BGL for this round

If you are interested in, leave your post here. Details will be sent in PM.

Best regards,

Tran Dzung
3527  Other / Meta / Re: What Would Be Your Reason to Leave Bitcointalk? on: May 18, 2021, 02:13:47 PM
Not mine but some common reasons
  • Death
  • Permanent ban
  • Get rich enough and start to enjoy life
  • Lack of easy bounties, good paid signature campaigns
  • Need to focus on something else: learning to code, trade, invest or others that are not related to cryptocurrency
  • Many people still visit the forum (as a guest) or logged-in account but don't make any post


Great example is Cryptotalk forum, that was once advertised here in signatures. Due to lack of bounty campaign (last bounty campaign on that forum ran more than half year ago) a number of users left that forum. After forum owners reduced the amount of post reward, great amount of user left it. Only spammers and those who have high ranked accounts and use forum for referral link promotion are left there.
They began with generous campaigns and as a global forum. Months later, they changed to a local forum that restrict many nations and it seems they have become a Russian forum.

Their campaign began with payment in BTC but then in the shit token.
3528  Economy / Speculation / Re: Everyone acting like there hasn’t been dips like this during a bitcoin bull mark on: May 18, 2021, 01:55:24 PM
There are people who have seen bitcoin to drop under $3.5 from $20k not long ago.
I am certainly that very few people who saw the free fall actually bought up the dip, on that day or a few days later. They only watched and hesitated. When their fear was gone, Bitcoin already rallied in a V-shape.  Undecided

Quote
Bitcoin history and volatile price movement is attached closely. It's the noobs who are panicking, and they will always panic until they spend a few years in this space. There will be new noobs all the time though.
Newbies are most vulnerable participants in the market but senior traders or investors can feel panic too. There are winners and losers in the market and a senior trader or investor does not mean that person is a winner.

This dip is not the most terrible one in history of Bitcoin. Terrible here is for losers but for winners, they see such deep dips are perfect chances to enrich their balance. Please review some corrections in 2017 bull run and 2 topics of mine.
3529  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [H] Obyte (GBYTE) [W] BTC on: May 18, 2021, 01:49:23 PM
Please send me your details for this trade, I would like to finish it in USDT.

I would accept the trade with a rate at $58 for 1 Obyte.  Cheesy
3530  Other / Archival / Re: I will exchange my 100.4226 XRP for your 0.00322 BTC on: May 18, 2021, 12:29:23 PM
I can do it with you in USDT. Please let me know if you are interested in.

Hi, it suits me too.  Smiley

Please, give me your XRP-address and tag (if required) and I send coins to you.  Smiley
Ok. I will send my XRP address. Please send your USDT address in PM too. Thanks.


Received your XRP. Thank you for the trade.
3531  Other / Archival / Re: I will exchange my 100.4226 XRP for your 0.00322 BTC on: May 18, 2021, 12:16:15 PM
I can do it with you in USDT. Please let me know if you are interested in.
3532  Other / Meta / Re: Finally got full access of my account on: May 18, 2021, 11:31:42 AM
My account had been banned for a post which I had copied while I was newbie and while I had 0 merit. I had earned 446 merit after that copy pasted post and no more copy pasted post at the time of 446 merit.
Welcome back to your full mode and congratulations as your years waiting time has ended.

I remembered you were banned (permanent initally ?) and got a softer signature ban. You are a very few members who are actively posting without signature. I don't follow you up but remember it because we used to be in a same signature campaign.

Another member I remembered is hacker10011001 but sadly he fell into some drama.
3533  Bitcoin / Bitcoin Discussion / Re: This isn't the first time the dip has happened on: May 18, 2021, 11:26:32 AM
The market corrects whenever it reaches the point where people are buying and selling based on tweets.
At any point, there are people who rely on tweets of KOLs, influencers and experts to buy or sell their Bitcoin. It is unnecessary to connect their actions with tweets and market corrections.

Quote
These dips don’t matter, either you believe in bitcoin long term or you don’t. And if you're going to sell anything based on one man's tweets, you might as well purchase something else.
People who buy Bitcoin from tweets, Facebook status, signals from groups, etc. and don't mind to spend time to learn about Bitcoin, will be losers. They will shake their hands when they panic.

Learning means at least read and know basics of Bitcoin. The least basic is its inflation chart.
What do you see from the chart? When the curve will become flat?  Smiley
3534  Other / Beginners & Help / Re: Newbies beware of such tricks on: May 18, 2021, 10:28:36 AM

Many screenshots with over-large size. You can use the width option as follows, with which you will be able to display four screenshots in one row.
Code:
[url=https://ibb.co/d77xSMn][img width=230]https://i.ibb.co/pnn5gwC/20210419-160156.jpg[/img][/url]

About this scam, it is very easily to realized by following signals
  • Make deposit first.
  • Get big profits back
  • Deal is too good to be true
  • None of trusted companies will run promotions that require deposits first AND huge profits back AND without any strict criteria.
3535  Economy / Speculation / Re: I'm bullish until 29k (but we probably won't get near there - 40k is very strong on: May 17, 2021, 01:24:06 PM
I revealed my thoughts that price from $40,000 to $46,000 is very interesting to buy up the dip for short term trading. I said it there

If deeper falls appear, I think it can be around $36,000 and Bitcoin will still be very bullish around $36,000. I am keen on the possibility for price from $36,000 to $40,000 and after that will be side ways. Before the next bull run, Bitcoin might have a massacre (next few months) from $29,000 to $33,000 and Moon onwards we go.

For lower price around $40,000 to $36,000, you have to wait for the market. If price falls to $36,000, it would be ~ 30% correction.

It don't must happen but if it happens, you should feel very happy with it. It is the last call for you to buy cheap bitcoin.
3536  Bitcoin / Bitcoin Discussion / Re: What do you think about Elon Musk? Is he harmful or useful for Bitcoin? on: May 17, 2021, 11:43:08 AM
Absolutely useful.

He brings Bitcoin to the massive social media, not only on Twitter and his followers. People spread out his tweets, crypto websites, forum and traditional media discuss about his tweets. More people know about Bitcoin, it is useful.

I don't naively say all people who heard about Bitcoin will become Bitcoin investors or Bitcoin enthusiasts but some of them will be. Each 4-years bull run, the market has a massive number of new participants. Elon Musk as an influencer is only part of this bull run.

I don't step in shoes of people who feel angry with Elon Musk. Of course, I don't defend that guy, just my thoughts. Have those protesters of Elon Musk used to be a fan of him? Change quickly from fans to protesters because of temporary earnings and loses with his tweets.
3537  Other / Beginners & Help / Re: KYC - IDENTITY VERIFICATION or IDENTITY THEFT on: May 17, 2021, 10:59:05 AM
People are greed and easily accept any KYC with a hope to get rich quickly. Unfortuantely, when privacy is lost, you will never be able to get it back. Your identity can not be erased on the Internet if it was leaked and spread around.

That excellent topic and three referenced articles are enough to answer your question.
3538  Economy / Speculation / Re: More individuals like Elon musk, the price might fall further. on: May 17, 2021, 10:48:53 AM
Elon musk is the center of most bitcoiners discussion at the moment mainly because of how much effect his tweet is doing to crypto currency mostly bitcoin.
He is the hub of the forum and the crypto market because people believe he is a Bitcoin God. In fact, he is not.

Quote
If a single tweet from Elon musk can send the price of btc to 45k (current price at the time of this post), then it is not impossible for bitcoin to fall to as low as below the 20k mark if all the big names in the crypto world (crypto influencers) tweet negatively against btc.

What do you think?
If you can read price charts & identify which price Bitcoin can be corrected to, you will see such news, tweets from Elon Musk/ other people/ companies, etc. are funny. Price is scheduled to be corrected at where it should go to. News are only tool to implement schedules.

If you are worrying that will Bitcoin head towards $20k, it is not bad but you have to find out why $20k? Don't mind about Elon Musk, please.
3539  Economy / Trading Discussion / Re: Do you know person that predicted this retracement ? on: May 17, 2021, 10:41:01 AM
Do you know person (telegram group, site, twitter and other) that predicted this retracement in Market ?

have you seen person is good and talent in predicted and analyze market ?
The market is unpredictable. You can predict with a mixed of results: correct and not correct. Experts can make mistakes with their predictions too.

The golden rule for your crypto career
  • Don't make any investment or trade with all your capital. If the market moves oppositely with your prediction & choice, you will lose your capital.
  • Don't regret too much about missing opportunities because it will force you to chase the market. It won't have a happy ending.
  • Try to split your port folio into: Bitcoin / Altcoins; Bitcoin / Fiat or stable coins.
  • Free or paid groups/ services, let's try to obey the rule #1
3540  Other / Meta / Re: Don't you think some people in the forum are giving too much importance to Elon? on: May 17, 2021, 10:08:00 AM
People on the forum have different main interests at different times. There are times the forum was flooded with topics about following aspects: merit-related, trust-related, Covid-19 and pandemic, US President election, China bans on crypto, etc.

Elon, Tesla topics will be tailed off soon because the crypto market will have other hotter topics.

Is it good to lock your topic?  Smiley
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