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3961  Economy / Speculation / Re: If Bitcoin will hit $60,000 today, what's next? on: March 13, 2021, 06:01:56 PM
I have a feeling that bitcoin will break $60k anytime soon, bitcoin has a huge pump with 59850 24 hours high in Binance.
https://www.binance.com/en/trade/BTC_USDT

What can we expect after bitcoin will hit $60K, is it gonna continue or will drop?
At this time of writing it has already surpassed the ATH of $60000 mark locking the mouths of haters who always think btc as bubble.In just few months this milestone has been achieved even after crashing to low levels of $3k also and huge investment in Bitcoin market have pushed the prices 20 times and now they stand above $60k for first time in history.Set your next milestone and btc will achieve that also in short span.Next goal is $100k so HODL.
3962  Alternate cryptocurrencies / Altcoin Discussion / Re: Falling of Ethereum on: March 13, 2021, 05:19:15 PM
Ethereum dropped with around 3%. Cryptocurrency fall to $1778. Against bitcoin. Ethereum continue dropping
The Ethereum network is being congested at this time and Gas is much higher compared to other currencies and that's why they are planning to shift to the Ethereum 2.0 based on POS concesus soon.The prices were rising due to high demand and new DeFi projects on the Ethereum blockchain technology but now they are also shifting to other blockchains like Binance smart chain or Polkadot blockchain which is much better than Ethereum as cover all the lacking effects of ETH.The prices will be stable somehow between $2000 until the Q3 of 2021 as the market is witnessing dips at this time which is other reason of price fall.So you can keep track of it and its good chance of investing at this time as they will give your profits in the long run surely.
3963  Economy / Trading Discussion / Re: Trading your strategy on DEMO is a waste of time on: March 13, 2021, 05:13:18 PM
I have no intention of riling up anyone, but as a learning trader it is good that we discuss facts with one another. The first truth is that there is no spare money anywhere in the world; every money are valuable. To improve your trading psychology, you must practice your trade strategies on a live trade; even if you start out with 10$; you need to feel the heat, be under pressure.

Trading is for individuals who can afford to lose money, so if you cannot afford to loose money; please do not trade. In trading we are here to multiply money and not create it; live trading helps you compound losses or multiply money; while demo trading creates money for you.

No risk, no reward; start practicing your trading strategy on a live trade; even if it is 1$; feel the heat and develop instinctively.
The pilot test done before the launch of the project are also waste of time according to you?Its really important part of our strategy to check that plans are working in the same manner we want them to accomplish.The trade strategy are performed by many traders to check that whether they would gain profit or not and if it's not working properly they can make changes in their plans and policies rather than going on and lossing all their funds if they blindly follow their inefficient plans.So you cannot say it's waste of time it's just your perspective of thinking and others can gain huge profits with it.
3964  Economy / Economics / Re: Crypto Art record! 69M for a Beeple on: March 13, 2021, 11:31:10 AM
There is no price for art lovers and collectors who want to be the pride owners of such paintings and drawings.Some people pay too much for the artwork to get into limelight so that they are in news for paying such high prices for artwork and people believe it might be very interesting or beautiful price of work and they charge from people to exhibit such artworks.Non fungible Tokens or NFT's have become quite a famous for such artworks as they are digital ownership of such artworks and are unique of their type.Beeple sold a collage of 5000 artworks that he had made over past 13 years as single NFT and it was auctioned for $69 million making it most expensive painting sold in NFT.

Watch his reaction after becoming 3rd most valuable living artist

Note: "There is no price limit for art lovers and their collectables".
3965  Economy / Speculation / Re: Bitcoin all time high on: March 13, 2021, 11:20:50 AM
Bitcoin start the year with $28,800 and now it as doubled in value $58,300 late last month, since the correction, it rebounded, now threatening to break another all time high
The prices have sparked during this pandemic and exchanges have witnessed exponential growth of customers with rising demand of crypto mainly Bitcoin.This has pushed the market cap to cross $1 trillion in 12 years and prices to reach ATH of $58,300 this time which is almost double.



The experts beleive that the prices can reach almost $70k by the end of 2021 even after witnessing market crash and dips due to FUD's and market manipulation by the whales.The only ones holding will be in profits because we have long journey to walk along.BTC has just gained popularity now and prices are $58k imagine when it would be Mainstream and accepted by all with decrease in supply due to halving the prices will reach above $200k or so and your profits will be *100-200 times so just wait for the prices to the moon.
3966  Bitcoin / Bitcoin Discussion / Re: Elon Musk again on: March 13, 2021, 10:58:50 AM
He is once again playing tweet game with the people by making btc comparison with his owned company The boring company or his intention was to mark the scam of TBC which he is completely aware of it.He might want to create a dump situation because he wants to buy at the dip and then again prices will rise and he is profit basket.Its all mind games but he can losse once again like he lost billion dollars with his one tweet against btc and making him the second richest person.But who makes comparison oh his company for such scam projects I don't understand it.
3967  Bitcoin / Bitcoin Discussion / Re: Why do people care who Satoshi is/was? on: March 12, 2021, 01:55:09 PM
Why do people care who Satoshi Nakamoto is/was? It's like wondering the name of the person that created the wheel. Sure, I suppose I would be curious about the name of the inventor of the wheel, if nothing else to raise a beer to them from time to time, but ultimately the wheel is the important part of the story.
There are some reasons for which people are curious to know the real Indentity of Sathoshi Nakamoto the creator behind Bitcoin.

1) With growing adoption and popularity among the masses everyone is curious to know who was the brilliant minded programmer who has created Sathoshi as everyone like to solves the mysteries of world.

2)His pseudonym Indentity and leaving Bitcoin after 2011 has created more interest in people to find his Indentity

3)His Bitcoin holdings which are more than 1 million Bitcoins which are 5.24% of the total supply of 21 million valued at current price of $55k per coin making his net worth at $35 billion adding him in Forbes richest person list.Its really huge amount and this makes people more interested in him.

4) His creation has make him a celebrity every crypto enthusiast wants to meet with and know his more secret creation and development he has made in these years.

But still he does not want to reveal his Indentity and remain in closed doors until he wish to do so.
3968  Economy / Speculation / Re: Elon Musk and BTC on: March 12, 2021, 12:09:37 PM
After announcement that Elon Musk invested billions in btc, the price that was already high, skyrocketed just in a couple of days. A lot of rumors about huge wall street investors started to appear. But I have a very short question. Which "Wall street" or other professional investor with clear mind would invest in THE MOST VOLATILE COMMODITY IN THE WORLD  after it reached $57 000

https://coinmarketcap.com/currencies/bitcoin/

I know that I will be attacked by BTC supporters, but you are welcome.
So you are talking about the most volatile commodity which gained 62000% and 300% growth this year taking the market cap above $1 trillion in just 12 years period?The fiat currencies are robbing you of purchasing power since 1990's but the only assest which is growing over time is Bitcoin with such growth rates.The wall street investors who were against its usage are turning their support to Bitcoin and major companies like Tesla, Microsoft are accepting btc payment why?Because they know its usage and increasing their networth and profits meanwhile which other assets like gold and shares have not been able to do.Be smart and think out of the traditional markets that are ruled by some influential rich people who gain by making fools of other small players in the market.Bitcoin is the future currency rest your decision.
3969  Alternate cryptocurrencies / Altcoin Discussion / Re: Solana on: March 12, 2021, 11:55:15 AM
I know it has a lot of potential but it hasn't been doing anything for me price wise, my worst performing coin by far. Thinking of dumping it into my other alts.

Good or bad move?
It's quite well performing this year with more than 800% growth this year and trading at $16 on coinmarketcap.Most of the coin has seen sharp dips but SOL has seen increase of 5-6% only in past 5 days.Many developers were turning to Solana because of its proof-of-stake (PoS) capabilities and the fact that it is faster, secure, and censorship-resistant. It is also relatively cheaper than ETH, with the average cost of a transaction being $0.0004. The total number of transactions in the network has risen to more than $12.3 billion.So if you are planning to HOLD it for long term then surely it's great choice for the investors portfolio as prices speculation by the market experts state prices to reach $60-$70 by the end of 2021.Its popularity is making its growth much faster so you can have your funds in them and gain profits by Holding for long term.
3970  Bitcoin / Bitcoin Discussion / Re: Bitcoin will replace the Silver Marketcap on: March 12, 2021, 09:45:32 AM
It only took Bitcoin 12 years to reach $1 trillion market cap which is fastest compared to the top big companies in S&P index 500 like Amazon, Microsoft,Apple.This was due to major rally in the prices and huge investment in the market by Tesla, MicroStrategy and other institutional investors.When prices plunged and reached almost $50k above in last year pandemic the growth was more than 300%.Bitcoin has come a long way within few years and we can wait for another few years and see it will on top of all and that's where we need to celebrate.The gold investors are turning into Bitcoin investment like Peter Schiff sons turns his portfolio into 100% Bitcoin and many more are in the way so just wait for that time.
3971  Bitcoin / Bitcoin Discussion / Re: New Bitcoiner into the world on: March 12, 2021, 09:38:37 AM
Happy to inform you all, my wife delivered a boy baby at 11:39am. For sure he's gonna be a Bitcoiner in the coming days. Myself have lots of failed experience out of gambling, and I'm here to express my hope of making him big in the cryptomarket. Already there might be parents who are educating people with good thing about cryptocurrencies. Let us make the world good, giving the right knowledge about cryptocurrencies. Keep us in your prayers.

With Love
romero121
Congratulations to you mate on having most precious gift of god.Its really good to see that you are taking keen interest in building your child's future based on cryptocurrencies which will be best suited for him.When he will be 20, Bitcoin would already be Mainstream and accepted by all(hope so) and he would be proud Bitcoiner having complete knowledge of the currency and if you deposit some regular funds for him with private keys backup he would own huge amounts at that time most probably.Indulge him in technical part also which can boost his technical skills and he would contribute to the Bitcoin community as they are the ones who will be using these digital coins and if they how to secure it then it would be great.Best wishes to you and your wish will be fulfilled.
3972  Alternate cryptocurrencies / Altcoin Discussion / Re: Blockchain In Simple Terms? on: March 11, 2021, 03:59:23 PM
In simple language blockchain is a digital and decentralised ledger which keeps record of all the transactions that are prompted across the network and then validated by the miner and added to the block mined by him.All the transactions are recorded in the blocks which are piled one over other.



You can have access to the records but you cannot alter it.Each and every transaction is public and full nodes require access to the blockchain whenever transaction is generated to check the previous output.Each and every participant is connected in the blockchain.



Quote
The technique is intended to timestamp digital documents so that it's not possible to backdate them or temper them. The purpose of blockchain is to solve the double records problem without the need of a central server.It could not work in absence of internet as it is required to connect to the servers.In Technical terms it has deep meanings which you will understand if you learn about it.

Source: https://www.guru99.com/blockchain-tutorial.html
3973  Economy / Economics / Re: Bitcoin could win the currency war on: March 11, 2021, 03:41:41 PM
The fiat will be deflating over time as we have witnessed how the value of USD has fell in comparison with the past due to rising inflation. Moreover the government printing new notes is contributing worse to the economy like US passing billion dollar stimulus bill to print new notes.Your wealth will decrease overtime if you are holding fiat but on the other hand if you are holding Bitcoin and other altcoins like Ethereum your net profits and wealth will grow in the future as prices will rise.So it is decentalized currency which can end price wars between countries making them more powerful.
3974  Bitcoin / Bitcoin Discussion / Re: China Controls Bitcoin's Future on: March 11, 2021, 03:08:48 PM
Since most of Bitcoin is mined in China and depends on China's energy, do you think it is possible that Bitcoin will become centralized, with China becoming the authority?
Most of the Bitcoin mining farms are located in china but that does means China is in control of Bitcoin network and be centerlized authority of it.How can they control decentalized currency Bitcoin?The Miners in China cannot create a situation of 51% attack on Bitcoin network so how can they manipulate the Bitcoin market? Moreover the big industries are getting interested in Mining and spending huge funds to setup mining farms at place where electricity cost is much lower to increase their profits which reduce China chances of control and Bitcoin is the coin which depicts true picture of decentralisation so we don't need to worry about it.
3975  Bitcoin / Bitcoin Discussion / Re: Are small BTC transactions essentially “Wasted”? on: March 11, 2021, 02:55:37 PM
If I receive a very small amount of BTC, like $1 worth, is that BTC essentially wasted? Because to my knowledge, to send that BTC I would need to include that transaction as an input, which incurs a transaction fee. One online calculator, I used estimated the cost of an input as $5, which would mean it is not even worth spending the $1 I received?

Seems like this may be a problem as small transactions overtime cause the number of spendable bitcoins to decrease?
The transaction fees depends upon the size of transaction depicted in Sathoshi/bytes not on the amount of transaction.The miners will add those transaction which have higher fees associated with the transaction to increase their profits.If the network is congested and there are thousands of transactions unconfirmed in the memepool your transaction with low fees or below average fees transaction have less chances or say zero chances of being confirmed.So you should always pay the average fees which can be calculated with the help of online fees calculator available.The small transaction inputs should be combined with multiple inputs to make a bigger denomination which can than be send to other wallet with proper fees depending on the size of transaction.
3976  Economy / Trading Discussion / Re: +80000% Bitcoin Day Trading Challenge 2021 NEW VIDEO TODAY!! on: March 11, 2021, 02:41:10 PM
Its really interesting that you have planned for long term trading keeping in mind loss and gains.It would really be great if you could manage to achieve your target of $80k no matter how much times it take.Your success rate of 60% win/loss is somehow possible probability if you strategy goes right.You can hit high profits in single trade and suffer loss in next few trades but you need to be determined and make adjustments in your plans but wish you best of luck for your future goals.
3977  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it safe to invest in BNB now? on: March 10, 2021, 03:44:51 PM
In this March, I can't make my own satisfactory trade due to my wrong decision and research. But I got some profit from BNB and used buy back policy again and again. Today, I sold my all BNB token at around $245 but now it is still bullish in mood. The next major resistance is located at the $300 level. So I need some suggestions whether I go for buying it again or should I stop here.
Binance coin has surged very high after it was launched from trading in between $50-$80 and then suddenly rising to $300 price levels.The people holding BNB have gained huge profits till now and they can Hold for longer period following the same strategy because the with the introduction of Binance smart chain the defi projects will run on its platform which in turn will push the prices further high.



The exact prediction are difficult to make but if the bull run continues which will surely in future and Binance aquire more share in the exchange market BNB will on top charts in market cap and prices.

Price prediction for BNB
3978  Economy / Trading Discussion / Re: Data suggesting more than 95% traders are losing on: March 10, 2021, 03:25:58 PM
The most important part is how you handle your situations without leaving the market because gain and loss are part of trading.I have not known a single trader who has gained profits for his whole life without suffering losses.



You learn from from your mistakes and turn them into your experience and gain profit from them.The market can be down but not your morale.
3979  Economy / Economics / Re: Did tesla's $1.5 billion bitcoin purchase negatively affect their stock price on: March 10, 2021, 01:13:58 PM
This was going to happen because Tesla shares were overpriced due to Musk riding the market accordingly and after his statement of Bitcoin prices his wealth and Tesla share prices both fell drastically pushing him down on second position of richest man in earth.Tesla market cap fell from $864 to $574 billion with stock prices plunging roughly 33%.There is a market trend these days of people blindly investing and then selling in shares and cryptos based on market FUD' s which just happen with Tesla.Moreover Nasdaq was down by 2.3% with Apple, Microsoft shares also down but Tesla faced huge loss.They gained profit from Bitcoin investment and loss from their shares.Wait and watch for the next move.
3980  Bitcoin / Bitcoin Discussion / Re: Can government shutdown Bitcoin on: March 10, 2021, 01:03:22 PM
Is it possible?
The government can try to ban in in their geographical jurisdiction but they can't shut down Bitcoin network because of its decentralisation functionality and nobody controls the network.Although they could try to create a situation of 51% attack by taking control of the network but for that they need to indulge in mining at huge scale with thousands of ASIC mining spread across different countries.But this is also not possible under POW algorithm because it will be very costly and still it would not be implemented.They can try to shut down the internet services but you can still sign your transaction offline but transaction will be recorded on blockchain with internet connectivity only.But will they shut down whole internet for Bitcoin only.So we can say it a currency which is not controlled by anyone irrespective of his wealth and power.
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