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3941  Economy / Speculation / Re: Why is it when the year will be over there are always talk about the price on: August 29, 2020, 01:03:55 PM
They/We are not seeing the future trend of crypto that why they/we live this thing and speculations. I don't think this is a hyping tool and drag people to believe it because we all have different market insights, and not also a thing to rely upon. if their reason is to manipulate the market pricer and then sell their bags once it surges, it is actually their idea but I don't believe that it is only enough.

I know you have your own insights and we either not bothered to hear it also. We'd respect those people being optimistic, unrealistic speculations, and it is just us if we believe it or just ignore it.
3942  Economy / Speculation / Re: What will you do when Bitcoin reach$20k? on: August 29, 2020, 11:18:58 AM
I think we should wait and see exactly what results next year Bitcoin will show after the 2020 halving , given the results of the first two halvings. Given the above, I would not want to sell Bitcoin when the price reaches $ 20,000, as Bitcoin can run significantly higher.
A worth to wait, dude...
Not all bitcoin holder's can afford to hold if they saw already that market reaches its peak, they surely sell it and buy again once it drops. Hope you will keep your words and not be like the others who easily got into FOMO once they saw the price tends to drop after reaching ATH.

For sure I was guilty of this (selling when the market is high), but I want assurance and I don't want to miss the chance again as it happens last 2017.
3943  Alternate cryptocurrencies / Altcoin Discussion / Re: Will 2021 be the year of Litecoin? on: August 29, 2020, 10:45:49 AM
Litecoin is existed for quite long, one of the top listed altcoins in the market and we could think that there is a time for it grows. Investors still considering Litecoin for long-term investment, it actually has the gaining potentials that traders and investors must have to look into it.

Quote
The cryptocurrency litecoin is often referred to as the silver to bitcoin’s gold. This year, litecoin investors might have been better off staying in the analog world: While bitcoin has gained twice as much as gold, litecoin has barely kept up with silver.

https://www.coindesk.com/litecoin-gets-bullish-speculation-at-last-as-upgrade-approaches

Experts make this speculation as they saw the possible inclining trend due to the market surge and it was also the result of Defi projects development.

3944  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't invest for quick gains only on: August 28, 2020, 11:10:21 PM
A reason why many had come into crypto and invest it is that they always think about easy money, quick market gains, and be an instant millionaire which is definitely wrong and only just an imagination. Nah, they can find it in real life when they invest cryptos.

It actually we can make money from here and become profitable but we also have to realize and not being blind enough to see the true market condition and don't live into hallucinations. If we have a good choice of projects, it all becomes possible but if we're not, we have to know also the consequences awaited us.
3945  Economy / Trading Discussion / Re: What is the best platform for quickly purchasing bitcoin? on: August 28, 2020, 10:42:22 PM
The author of this topic has been gone and I hope he got the answer on the day he posted this. Or I don't think if he is serious about reading our replies.

But anyway, this could not only give benefits to him, but this could also help others.
It was a thing that any exchangers will give us suspicion if we acted differently, do a transaction in volume (withdrawal), no KYC added, it could actually give them some doubts and look upon us or sometimes freeze our account until we can provide necessary supporting documents and usually confirm through email. Yeah, it was embarrassing because instead of wanting fast and easy transactions it comes into the time that we wait for a few days before it succeeds. But it is all about security and they don't want to get involved in any illegal activities. So there is no way to blame exchanger to act like that.
3946  Bitcoin / Bitcoin Discussion / Re: Bitcoin fueling to launch to the moon anytime soon. on: August 28, 2020, 01:42:36 PM

As of now, there's still no solid reason why Bitcoin will moon unless, whales are coordinated to accumulate tons of bitcoin followed by small investor like us.
I really don't think that whales will do a favor to us, it is very unlikely to see.
It is the adoption that fueled the market price to grow but we are not sure if we are straight to the moon. Though we have strong signs and positive insights that we are going that way possible, still the assurance is not clear and we never know also if whales will keep their bags intact until we reach the next ATH or either they sell it in the coming days.

But for now, we are still far from the moon.
3947  Bitcoin / Bitcoin Discussion / Re: What happens to Bitcoin in the long term? on: August 28, 2020, 01:21:53 PM
Assuming that it will happen, miner will still keep those fees rather than to have no job and dispose of their mining equipment. It could be possible that those who can't manage to pay their bills will quit while the others will stay. And one reason why there are still mining even during that time because they already know that the market won't stay like that forever, pretty soon it will change and the time for them to recover.
They probably understand that situation and for them also to adjust and come along with the trend than to do nothing.
No matter what it takes, as long as they can still make money from mining, they still keep mining.
3948  Economy / Trading Discussion / Re: Is Buy and Hold Really the Best Strategy in Crypto? on: August 28, 2020, 10:32:30 AM
Some people say that Buy and Hold is the best strategy and can't be beaten. They hear phrases like “95% of traders lose money” and automatically assume that all trading is bad and markets can not be outperformed.

i dont consider those as a strategy but those are only basic or must do movements for someone that is involved on here  . a strategy to me means much more deeper than that like when creating an analysis or charts and alike  . most popular phrase on trading isnt all about loosing but its more of a profit. they say that trading is the most profitable among all activities on crypto  . that must be true because many people are pushing it  . there are bad approach on trading but this doesnt mean that all kinds of trading are now bad after that .
That is the basic and we should have to learn it before digging for another strategy that will work so great.
Honestly, people don't get mind if that is a genuine, old fashioned strategy or whatever it is, what most important is that they are making money from it and being comfortable of what they do.

Trading won't work that so well at first, patience is very important but somehow it didn't work for them. That is why a lot of people had tried to become a trader but after being disappointed and being hopeless, they all gone.
3949  Bitcoin / Bitcoin Discussion / Re: Bitcoin Whale Sold 9,000 BTC After 2 Years HODLing on: August 28, 2020, 07:05:10 AM

Who said that bitcoin is no longer profitable?  Smiley

Only those who blindly not to understand crypto and being close-minded individuals not seeing the good of Bitcoin but all just full of negativity.

2 years holding is not quite long, some did it more and patiently wait for the right time because they find it worthy. It just how we look at Bitcoin's potentiality and consider it a long-term investment. May we think about risk, volatility, and yes it affects our minds but our faith is very important that can't change our mind and straight to our goal.
3950  Alternate cryptocurrencies / Altcoin Discussion / Re: South Korean Exchange Coinbit Arrested For Fake Volume on: August 27, 2020, 01:46:22 PM
They should have to pay for it from being liar, creating fake volume just to attract traders? They have got what they want and a big thanks to the police for their response to the complaints. I have to think that the authorities now are giving much attention to scammer, frauds, and any act of illegalities that is usually found online.

It is the unlucky day for the Coinbit exchanger and those people behind this site. They deserve it. Wink
3951  Economy / Speculation / Re: What's happening with Bitcoin & altcoins? on: August 26, 2020, 11:43:05 PM
...
I'm quite confident that those who bought at 3000 USD were the lucky ones. If we ever see such levels again it will be in the next big bear market after the new ATH.
But unfortunately, many had missed the train and have regrets.
People never think that possibility as we brag by this pandemic and cause to think negatively about it, but just surprise us how it rises despite the situation. Those who have guts and strongly trusted Bitcoin have also being paid of, they are actually seeing it while the others did not.

The market keeps moving high and people started accumulating more cryptos. This it helps to keep the momentum on the right track and I was seeing strong ends this year.
3952  Alternate cryptocurrencies / Altcoin Discussion / Re: Does bounty still kind of worth on 2020? on: August 26, 2020, 11:08:24 PM
Ain't looking good for sure as many hunters come out with a lot of complaints had not paid, no exchanger, abandoned by the team, almost you've heard about the negative. It could not be true maybe, but finding it by yourself will actually amaze you and feel what they have experienced.

Honestly, they are kind enough to accept participants but the problem is that they are not consistent with what they have promise. You can't think that bounty hunting still worthy, instead, it is mostly a waste of time (but not all). It is for you by then to decide and see it.
3953  Alternate cryptocurrencies / Altcoin Discussion / Re: Should I invest in NEO now? on: August 26, 2020, 02:08:51 PM
I'd never see its potentiality and that is the reason why it is usually been ignored by most investors.

The founder has a public announcement https://cointelegraph.com/news/neo-founder-says-next-gen-internet-will-break-up-tech-giants-data-silos.
It seems that this could help to attract investors and increase the demand which could affect the price, probably it soars high. But it doesn't make me decides and I have no balls to invest this coin but instead of choosing Bitcoin and Ethereum.
3954  Economy / Trading Discussion / Re: Basic things that you need to know before starting in trading on: August 26, 2020, 01:50:14 PM
We don't need to learn everything about trading before we start, to have the basic knowledge like chart reading, simple strategies, and the right choice of coin for trade are good enough. Learning could be a process and from time to time, the experience will give us more and understand the market movement.

Many platforms offer different bots and their strategies, but I think anyone who uses a bot to trade must have their own custom bot and made solely according to their trading strategy. Such bots are more expensive, but in the long run they are more cost effective because they offer greater security and flexibility.
Trading don't give assurance that we can make a good trade having them. And talking about the security, nothing would change, it totally depends on us and what exchanges we have used. Why many traders have not urged us bots it is because they don't see huge changes from it. I know it works for us on behalf but all the decisions are still coming from us.

3955  Bitcoin / Bitcoin Discussion / Re: Scam victims on: August 25, 2020, 01:50:39 PM
It always hurt when see people get scam of his Cryptocurrency what ever coin he is using, this is one of the risk of decentralization you cannot charge back, transactions are based on trusts, but we need to educate ourselves and do not trust easily there are a lot of benefits of decentralization than become a slave of centralization, this is a learning experienced for OP and for us who are reading this.

I felt it how to lose our money into someone that we think that can be trusted but somehow it is a person that also makes you suffered.
Ain't wonder why this drama will never have an end because many people are still living in scam ignorance and not even know how to learn from it. Because despite a lot of warnings that can be read anywhere but still they are still blinded to see the real possible situation.

There is no solution for this but just ourselves only. If we are able to understand how scamming works, it surely we can avoid it.
3956  Economy / Speculation / Re: Next Bitcoin Bull Run Will Be ‘Dramatically Different’ on: August 25, 2020, 10:06:25 AM
We all have been optimisic towards the future of Bitcoin but we are likely to see it at a high price rather than seeing it low.
I agree that the next Bullrun will be something different as seeing the behavior is actually far from what it shows in the previous years. But I don't think that the next Bullrun is a big opposite from 2017, instead of seeing it beyond $20k. Besides, if we are seeing the price at $15k or even at $20k, people are still not convinced that we are already in Bullrun because they are asking for more beyond that.
3957  Alternate cryptocurrencies / Altcoin Discussion / Re: Time to call the people into crypto on: August 24, 2020, 09:47:24 PM
Giving them a hint is good enough rather than pushing them to go crypto and then suffered losses. It was a crazy thing to do. We just let them discover crypto rather than doing that, then there is no reason to be blamed once they failed. In fact, we all are welcome in here but much better to know first before making any stupidity, investing those shit things and then expect huge return, easy money? It should be there decision to live crypto and be a part of it. They will surely come into crypto when they are ready enough and probably know what could be their possible ends.
3958  Alternate cryptocurrencies / Altcoin Discussion / Re: The new drama has started in Altcoin on: August 23, 2020, 10:32:57 PM
What we have experiencing in crypto is just normal. It is not something that we should consider as dramatic condition since it have been happening all the time. Just do nothing, always be patient and wait for the right timing. Getting a ride with the wave of the crypto is very risky, that's why we should never take an action on its every movement.
It maybe OP had forgotten that we live in a volatile market. I'm not sure if he has that patience since I notice that he was mad seeing the price keeps moving up and down. He believes in crypto but not it brings them too much confidence to hold until the market surge.

A lot of people behaving like this, they investing crypto but never understand the volatility risk it comes. Because they always thinking of easy money, they think about the price to keeps high after investing which surely won't be behaving that way.
3959  Economy / Trading Discussion / Re: Trading crypto is a different ball game on: August 23, 2020, 10:23:04 AM
He becomes a billionaire by September and so much confidence that he could make it after being out of the game.
I don't think he's telling the truth but it just a sort of encouraging people to be like him and become a trader then have to experience losses by then. That was really funny to think.
He underestimates crypto trading and made him suffer like that. He probably knows less about trading and he never expects that would be his ends. He can be successful in his previous carrier but possibly not for crypto trading.
3960  Local / Pilipinas / Re: Bangko Sental ng Pilipinas on Crypto adoption on: August 21, 2020, 09:28:57 PM
Ito na kaya ang hinintay nating pagkakataon na ma-fully legalize na ang paggamit ng Bitcoin sa bansa natin at saka maging yung maliliit na establishments ay tatanggap narin ng ganitong pamamaran nang pagbayad?
Sa kasalukuyan wala namang hadlang ang pagamit ng crypto sa bansa dahil malaya naman tayong nakakabili at nakakapagpalit sa merkado nito.

Kung gagamitin namang pambayad Bitcoin sa mga establishment mukhang malabo e adopt ng nakararami dahil sa sobrang volatile ng presyo at minsan nadedelay ang transaction unless kung lightning network ang gamit, pero mas mainam na maglabas nalang ng CBDC ang bangko sentral with high TPS like Visa para stable ang transaction at iwas abala.
Oo nga naman and we lucky enough na hindi ganun ang pakikitungo ng gobyerno sa crypto, pero mas maganda at mas katanggap-tanggap ng mga tao kapag nakikita nilang fully supported ito ng gobyerno, ng SEC, at ng Bangko. At mawawala yung masasamang pag-iisip na ang pananaw nila ay isa lang itong scam (which is wrong). At sa ganitong paraan din mas mahikayat ang mga taong gumamit ng Bitcoin instead of having fiat dahil sa isang katunayan na isa na itong legal.
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