Hi, I'm willing to fill any free spot.


BitcoinTalk username: coolcoinz
YOLOdice user id: 202556
Forum rank: Hero Member
Current post count: 1626

Thank you for a great campaign.

I don't know why, but I've noticed some significant waves of dumps at the same exact hour and you can really see a pattern if you look closely.
If you don't believe me open the charts, set 1h interval and take a look at the timing of the biggest red candles in November and December. They are almost exclusively at night (UTC).

The big slide on November 19 starts at midnight and continues through the night.
December 6 the recent big dump from 3600 to 3200 started an hour before midnight
And it had happened before too. October 10 brought a huge dump from 6500 to 6000 done at midnight UTC

We could argue that it's a coincidence, but a strangely high number of coins gets unloaded on exchanges around midnight.

This would fit better into speculation or trading discussion.

It's a good strategy, although only viable if Bitcoin keeps its popularity and market position. If you keep averaging up to the point of the worst case scenario (1000) and go below, what then? It's a very improbable scenario, but so was going below 5800 when we got our April higher low, followed by a reversal candle. When we were nearing 9000 dollars and you were to ask for predictions, 90% of people would tell you that bull market is back. The majority is always wrong and 90% of traders get fucked by the market.

I can already tell you that you're doing it wrong, and it's not because you lost money, but because you've invested without knowing the basics. If you invest like that it's pure gambling. You're putting money on the line and hoping to get lucky.

Firstly, you should trade with the market, not against it. We are in a bear market, which means that shorting will in general be more profitable than going long.
Secondly, you have to decide is for someone with no skill and knowledge trading is the best option. Do you have time to watch the market every day? If not, wait for the reversal and go long. It's much safer than trying to predict the bottom.

There's nothing like "the best gambling site" because there are dice sites, poker sites, slots, and so on. I wouldn't call this or that one the best because somebody who doesn't play this particular game that the site is focused on will be disappointed. When it comes to dice, PD is probably the most popular and given as an industry example, but there are some very well made pretenders to the title, like yolodice. You'd have to specify what games you like and then make your choice.

If we take into account that he's being paid by a signature campaign that will kick him out if he scams you, it wouldn't be profitable for him to scam 10 people for 0.1 BTC. He is earning that in less than 2 months of signature posting and has a future potential of joining a campaign that will pay even more.
It's not like he's risking anything. Do the math and you'll see that it's free money for him if he gets lucky and picks well.

If you're using cryptocurrencies to gambe in the way that they're your only way to access crypto casinos or circumvent local gambling laws, it doesn't really matter when and what currency you'll choose. You'll spend it and buy more in a few hours, or you'll gamble and sell profits the next day. Crypto's are volatile, but not so much that you'd have to worry about a move of 1% per hour.

I doubt these people know what Bitcointalk is. Most of the ones that commented under that article were typical people who work over 8 hours a day, drive home for another hour, eat dinner, grab a drink, and watch a movie in bed. They don't even have time to troll the forums at home. Most of them read news and write comments from work. They get frustrated reading about some kid becoming a millionaire by investing in some fake Internet money, while they have to write reports for 10 bucks an hour. Life sucks if you can't think outside the box.


Some countries need it more than others. If I were a citizen of Venezuela, China, or North Korea, all I would think of is getting my money out of the country and cutting myself free from the decisions of my government (at least financially because they can still arrest me). If your government is checking how much money you're carrying at the airport and puts restrictions on bank transfers, it should be a brutal wake up call for you. A sign that you might will cryptocurrencies sooner than you think.



P.S For those who thought that I'm talking about Bitcointalk, or Reddit here, I wasn't. These were the comments on a local news site, the one where you rarely get comments from people looking for a way to put their money to work. The average Joe still thinks that Bitcoin is fake money, a scheme, drug money, or a bubble, and even though he knows that it has potential, he's too scared to invest. He'll never make money because he'll prefer a 3% savings account that he doesn't have to worry about.
We are the 1% ladies and gentlemen

You're right, although there's not much difference between skilled and unskilled playing/gambling. There are many online games overtaken by farmers, who use bots or just grind  the same mobs and quests all the time to earn some cash. WwW, Diablo, Eve, there are many such games.
Gambling is also for the unskilled if you think about dice or slots. The main difference is investment. To gamble you need money and can win more or lose the ones you have. To grind in an online game you don't need money and can only earn more or lose time.

I agree, it was a great fight. The amount of punches that landed was overwhelming. I knew Ortega was tough but man, his face was a mess and he kept fighting. He even took kicks to the chin. I'm a fit guy but I know I'd end up in a hospital after just one kick like that, but this proves that even tough fighters will fall if they don't defend and let it all land. Max was on target the whole fight. You could say that it was a fight of a great boxer with a brick wall, and he kept punching until he broke through

The girls were very well matched. I wish there was more time, because Joanna looked like she woke up in the last round and picked up the pace.
There's nothing for her in straw. She won against all top fighters there and lost twice to Rose, and I doubt she wants to fight her again.

I was reading some of the mainstream press the other day, just typical news and politics, and among the articles was one about the fall of cryptocurrencies and "enormous losses that Bitcoin investors have to endure". What got me reading were the sarcastic comments below. Idiots wanted to buy fake money and got burn. Ponzi scheme. Bubble burst. They bought something that doesn't exist. It's going to 0 because it's worthless! There were a few saying that it's the best time to invest if you thought about it during the bull market and thought the price was too high, but those posters were downvoted and ridiculed.
 
The average investor is always on the loss, because he's always angry and negative.
When it's going up, he doesn't buy and says: why would I buy something that went up by 500% last month? It's clearly a bubble!
When it's going down, he also doesn't buy: why would I buy something that is worth 30% of what it was? It's clearly dying!

Go to some mainstream forums and talk to people outside the tech space once in a while and you'll see why they aren't making money and why they will never make money.
This is also the reason why bull market cycles are so similar and why they will keep repeating. The vast majority of people never learn, even when they see the same thing happening again and again. You'll see it when we have another bull market and Bitcoin reaches a new high. Let's say that it will be 50k USD, followed by a year long bear market that will take us down to 6000 USD. The society will continue to call it a ponzi scheme that is going to 0 this time for sure and they still won't buy at the bottom. They'll say that those who bought in the previous bottom were lucky and this opportunity will never come again. Don't be a grumpy investor!

I'm sure that less than 10% of the people around you knew about Bitcoin in 2017 and had the opportunity to buy. Less than 0.5% actually bought. Out of those, most sold at a loss and didn't make any money, or lost the coins at scams, casinos, hacked exchanges, ICOs.
If your coins have more value now then at the time of buying, you can be proud. You're among the elite!
 

Although I fully understand why people chose to say 1 BTC is 1 BTC in the bear market, I don't agree with the statement itself. You can ignore the fiat price in order to distance yourself from the falling value in fiat, but it won't change that ultimately your Bitcoin is meant to be converted into goods. You may not want fiat, but you also don't want to hold Bitcoins all your life. You want that car, house, school for your child, dresses for your wife. Lower fiat price means that you get less things for your coins.

If Blockchain is so important and it succeeds, so will Bitcoin. Despite of what some people think, a success of blockchain = a success of Bitcoin, the same way that a success of Bitcoin means a success of many other cryptocurrencies. When Bitcoin was going up, shitcoins like BCH were reaching prices over $2000, which looks even more incredible when you compare it to the price of Bitcoin a year before, which was below $1000, so a pump of Bitcoin in 2017 took altcoins to the moon, unreachable even for Bitcoin in 2016.
Also, he doesn't know what a ponzi scheme is. He should read a definition first.

I'm thinking Ortega will win this. Holloway had to cut more weight to be able to fight, so he may be significantly weaker after those hot workouts. You just never know how the body will react. I saw some of Ortega's fight and that guy can take a punch. He's been beaten up many times and outpunched (eg. by Swanson) and still managed to get a nice choke or armbar and win the fight. He's very tough.

As for the girls, Shevchenko is my favourite. She's brutal.

That would be great. I'm completely ready for $1000. I bought for less than that and sold enough to make a profit that comes down to 3 times my 2015 investment. And it leaves me with more Bitcoins than I had in 2015, so even if we go to $1000 I'll have more Bitcoins than I had when I came to the space, those Bitcoins will be worth more fiat per coin, and I'll have more fiat on the side than I had in 2015. As long as you're not greedy and have your goals set straight, you will be happy with any outcome in any market. Sure, I could have sold it all at 10k and have more fiat, but that would equal more taxes, the government knowing that I'm a Bitcoin investor, and it would make me hold fiat on exchanges to buy the dips, which is a risk I don't want to take. It's all fine.

It's good that you think so, the more people get ready for a drop the less chance it will happen. Sounds strange and like it's against the market psychology? Not at all!
When people are hoping for a drop they open short positions, and the majority of coins isn't held by the majority of investors. It's exactly the opposite. 1% of investors hold more than 50% of all coins. It's enough for 1 or 2 rich people to start buying and all the shorts get liquidated and the more shorts the more they'll earn by turning the market around. It's just a matter of time before they make their move.

This should be a wake up call to all of you wannabe investors. There are 2 rules that you always follow and that every professional investor and trader will tell you to follow.
The first one is, you invest only what you can afford to lose, which is only spare cash lying around that you're holding as your emergency money.
The second one is, you always exit when the price goes lower. If you buy at 5000 and the trend reverses into 4900, you sell. You only hold when you have a safety margin, like for instance you bought at 5000, the price went to 700, and is now falling towards 6500, you don't have to worry until it hits 5100 or lower.

Apparently, no wall is too high for a skilled Mexican. If even children are able to go over it, it's not going to stop the hordes when zombie apocalypse comes.  Money well spent Mr. Trump! *Clap* *Clap*

https://www.washingtontimes.com/news/2018/dec/4/smuggler-dropped-two-children-top-border-wall-dhs/

Mexicans are going to buy it and turn it into a climbing wall for children. They've been training since 2016.
https://www.youtube.com/watch?v=DLVdi14ECCc

There used to be losses of over 90% in Bitcoin's history, and the "biggest yearly loss" doesn't mean anything, since it's still a smaller total bear market loss than the one in 2014/15. The previous bear market lasted for 2 years and this time there's a good chance that this bear market will end in the next 3 months, with a shorter and swifter action. Also, such a rise in prices requires usually ends with a big correction.

Headlines like this one are feeding off negativity and abusing the panic, while not providing any valuable information.