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3981  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH to zero? This guy is dreaming! on: December 15, 2019, 12:43:50 PM
This forum is open for everyone to join and give his opinion. Its like double edge sword which has both good and bad ends. Just browse different forums and you will see tens of price predictions about bitcoin and other altcoins. Whether you believe in this price prediction is upto you but i think this price prediction mania is getting too much of our attention.
3982  Bitcoin / Bitcoin Technical Support / Re: I forgot the password from wallet.dat 18.2 BTC on: December 15, 2019, 11:26:04 AM
If you have lost your wallet password then it's like curtains for your coins. Try to recover with your seed, if you have that with you. Just few small things which we always ignore at the time of installing wallet can save us later from big troubles.
3983  Economy / Speculation / Re: Day Trading for a Living? on: December 15, 2019, 10:54:52 AM
This is so true that 97% of day traders end up in loss. You will rarely find any day trader that is in profit. Many think that long term investment means holding for years. If you see bitcoin price in recent years those who have carefully bought Bitcoin were able to get adequate return within months. Then y going for day trading.
3984  Economy / Speculation / Re: What will be your next move? on: December 15, 2019, 10:26:13 AM
I am already holding bitcoin right now (and some altcoins) and I see them as my retirement money, I would like to retire early so it would be awesome if bitcoin skyrockets one day but until that day I save a bit of money every month and keep a bit of money on bitcoin.

So, I will continue to do that as long as bitcoin is around at these prices or goes down, when it goes down I buy even more bitcoins because it is cheaper so spending same fiat gives you more bitcoin. However, if it goes up, like too much up then I might sell and wait for it to drop back, for example having a $50k bitcoin price would make me sell right now, I won't sell at $20k like I did last time (lucky) because I think this time if it goes up it would go up a lot so I would wait for $50k.

That's the best one can do. Spare some cash for Bitcoin every month and HODL. Only a die-hard bitcoin fan who has complete trust in the future of bitcoin can do that. The majority of us keep checking the price every day which is surely not a good thing. I am too interested in accumulating bitcoin but if it came near 5k.
3985  Economy / Speculation / Re: Can one have any expertise in Speculating? on: December 15, 2019, 09:24:31 AM
I say there is no one who can accurately predict what will be bitcoin price next week. How can we believe that these price predictions of years to come will be correct? Bitcoin is not like government security bonds that will give a constant return, its full of volatility and can take any price. Stop such predictions.
3986  Bitcoin / Bitcoin Discussion / Re: How cryptocurrency could determine the UK general elections? on: December 14, 2019, 12:35:25 PM
The millennial age frames the center member and crowd gathering of who are interested and ready to participate in cryptocurrency, and from its vibes, they are most of the individuals who will decide the general election in the UK.

The association between Millennials and cryptocurrency can’t be overlooked. They are the primary genuinely computerized age, making up about a portion of the worldwide proprietors of bitcoin. It was as of late discovered that somewhere in the range of 20% and 29% of affluent, English recent college grads have just put resources into bitcoin.

Source: TheCoinRepublic

The coin republic always come up with such news that are totally baseless. UK democracy is very mature and is called mother of all parliaments. People in UK are also educated and wise enough to choose there candidates. Dont know who somebody can imagine to write such article.
3987  Economy / Economics / Re: Is bitcoin volatility here to stay? on: December 14, 2019, 11:52:26 AM
Bitcoin price is getting more and more volatile and chances of stability looks very dim. HODLing is very good strategy but HODLing when you are getting good profit on your investment is not a good thing and must be avoided. You may sell most of your coins when you are in big plus and may keep small portion for future.
3988  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin could reach $100,000 in 2020: Ross Ulbricht on: December 14, 2019, 11:20:02 AM
This will not going to stop, despite the fact that almost every predictions about bitcoin future price went wrong drastically. Still we are giving fame to people by discussing there predictions. Lets hope year 2020 bring joys for all crypto traders but don't follow these predictions. Crypto market has its own mood of going up and down.
3989  Economy / Speculation / Re: Is Bitcoin going to $9200? on: December 14, 2019, 10:47:03 AM
All i know is bitcoin is currently trading at $ $7,224.27 right now and no one can tell whether it will go up from here or down tomorrow. These are just speculations, there are many more like that. We are now getting used of these speculations and they dont take mush of our attentions. I suggest stay away from these speculations. 
3990  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Year 2020 expectations on: December 14, 2019, 10:21:27 AM
If you think market going down is a bad thing, quit trading. If you see historical data of bitcoin there are ups followed by down and vice versa. We must not starting spreading bad things about crypto market whenever it goes down. Many are buying for next upword trend while others are cursing the market. Be wise and don't miss this opportunity.
3991  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoins to go crazy again once Bitcoin reaches 20k? on: December 13, 2019, 04:52:04 PM
Right now majority of alt coins are bleeding heavily and they will more if bitcoin drop more. There only cure is rise in price of bitcoin and if that cure is not injected very soon, chances are many altcoins will expire.
20k $ price looks very foggy right now. If bitcoin may jump back to 10k $ it will be like a fresh air to dry altcoins.
3992  Bitcoin / Bitcoin Discussion / Re: What do you think of the current status of Bitcoin? on: December 13, 2019, 04:19:56 PM
2019 was another stepping stone for Bitcoin to move forward and to reach more achievements and success. This year was a long journey for Bitcoin but there were lots of improvements and adoptions which we should consider as an advantage for the better situation of crypto in the coming years.

This is a year also of realization to many crypto users and understand better what's going in the market. Adoption is growing every day and that means the demand of crypto is also growing. This year is really a long journey for bitcoin attaining a more stabilized value as compared to previous years of its existence.

atleast btc achieved that right ? to become less volatile  .  that is also my wish before and now this year was a succesor  .

btc did seem to stabilize for a long time but the only problem is that its value dropped too much  . my happiness were cut off tbh but what i can do ? the year is almost over so i can only expect for a better price increase next year  .  now for this moment . i think i wont acumulate more btc but id only wait to see if btc recover next year   .  that would be my go signal to start the year 

I think volatility is still a major issue for everyone involved in bitcoin trading. Perhaps more liquidity to crypto market may solve this issue.   

Quote
Bitcoin's price volatility has been a source of doubt about its narrative both as digital cash and as digital gold.
The path out of this stasis is murky. Bitcoin's volatility has increased, while the percentage of bitcoin engaged in the market has remained flat. If stability and liquidity are part of bitcoin's road to becoming a more mature asset, the year 2019 has been a period of arrested development.
Source
 
3993  Other / Off-topic / Re: Twitter CEO and pro-Bitcoiner Jack Dorsey strikes again! on: December 13, 2019, 03:54:53 PM
The CEO of Twitter, Jack Dorsey, has announced that the platform will be funding a small team to develop a decentralized standard for social media.

In a tweet made by Twitter’s CEO earlier today, Dorsey said that Twitter plans to fund a “small independent team of up to five open source architects, engineers, and designers.” The end goal is to create a new decentralized standard which presumably will be for all social media. Twitter will be putting its weight behind the project and will, if successful, adopt this standard, someday.


Source link here

For the love of God, Jack you've really surprised me today!

I think this is definitely a great decision by Twitter CEO Jack Dorsey. Since he's an advocate of Bitcoin and other cryptocurrencies, he is planning to something for us to accept and adopt social media's decentralized standard.

I don't know what you guys are thinking of Jack Dorsey's move. Do you think we are so ready for the decentralized standard?

Just let me know about your opinion, reaction or feedback about this one. For me, this is definitely huge and Twitter looks to be ahead of the line!
It is not clear what is meant by the decentralized standard for social networks. Let them first create what they want, and then we will see how much this is necessary for users of social networks. And it will turn out like with a Libra coin. A lot of noise, and as a result, there may not be any coin. In any case, it will not have the effect that was previously expected.

A centralized social media company will sponsor a team that will develop a decentralized social media platform. Its like saying plastic manufacturers will sponsor a team that will bring awareness regarding harmful effect of plastic.
Lets wait and see how this social media look like.
3994  Alternate cryptocurrencies / Altcoin Discussion / Re: Would You Trust Libra Coin With Your Money? on: December 12, 2019, 06:45:44 PM
I would trust Libra coin with my money. Because Facebook is trying to get regulatory approval and legal clearances before starting it up. So I am sure my money is not going to go anywhere!

I wouldn't trust Libra coin with my financial privacy. Because Facebook is trying to get regulatory approval and legal clearances before starting it up. So I am sure that my entire financial information with Libra will be shared to the regulatory bodies and enforcement agencies.

I hope you are getting my point!

Such projects have made fun of cryptocurrency. They are just destroying the principles of satoshi nakamoto. We really don't need such cryptocurrency that are backed by single authority. They jumped into crypto market to get there share. If we think Libra is fine as crypto currency then we don't need bitcoin and other decentralized cryptos.
3995  Bitcoin / Bitcoin Discussion / Re: Speculation will drive the btc ride further as always on: December 12, 2019, 06:13:16 PM

Which data?

Sub $6K is way more likely than $40K in May 2020 Cheesy You're too optimist. Even in the previous halving, the peak/new high wasn't made until a year or two after the halving happen. I'm not sure if BTC is going to make a new high after this halving though now that there are more money is already in crypto.

You got it so right. There is no such data that shows Bitcoin statistics at darkweb. If darkweb data can be captured and analyzed it cant be darkweb anymore. Speculations are integral part of bitcoin market. 50K price hike was lastly heard in dec 2017 and now once again we are listening such things for next year. Just a FUD.
I do agree that the way bitcoin price is going down there is possibility that it may go beyond 6k.
3996  Economy / Economics / Re: What would happen to banks? on: December 12, 2019, 05:44:00 PM
Like it or not, Banks are going no where. They have served mankind for centuries. I don't think we are in a position to say that they will be replaced by CC. CC is still very new and is facing criticism from central governments. Crypto fate as legitimate payment system in a country is still doubtful.
3997  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can Altcoins do it alone ? on: December 12, 2019, 01:48:56 PM
I would say there is zero chance of this in a million. If bitcoin goes down altcoins start fighting the battle of their existence, so we can't say they can move independently. If they can't survive when bitcoin goes down how can they exist independently?
It's written so many times here that whenever bitcoin goes green all the market goes green and the same hold true for red bitcoin also.
3998  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How about investing into altcoins? on: December 12, 2019, 01:18:46 PM
Almost every coin is down right now and if you are thinking for long term investment then it's not very risky to buy Altcoin at the current price. But one need to be patient as the next bull run may start next week or next year or next to next year. I am gathering altcoins of my choice at the current price. You go and choose yours after doing some research. I never suggest any coin.
3999  Alternate cryptocurrencies / Altcoin Discussion / Re: Dont have the right to know WHO OWNS YOUR MONEY on: December 11, 2019, 06:31:45 PM
That's the question one has to ask prior to opening account his account at exchange. Like if they are not disclosing there location, its my own decision to open my account with that exchange or not.

I don't see any odd in that provided they have mentioned in there initial agreement that they will not disclose location.
4000  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Coins with potential to x100? on: December 11, 2019, 06:10:58 PM
I don't think its possible to predict which coin will go x100 up.
But in category of alt coins I will say that ethereum has the potential to go up and cross price of 1000 USD as we saw in 2017/2018. At current rate we can accumulate coins like TRON, NEO etc for next bull run. They will go up surely but certainly cant say x100.
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