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3981  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO, IEO! Which one do you want to return again? on: November 11, 2020, 01:04:35 PM
I think IEO deserves to be popularized again. Compared to ICOs, IEOs can minimize fraud. if only Exchange would be a really good administrator. they can select a quality project. but the reality is inversely, they put too much priority on profit. so that all projects can pass verification. consequently investors who lose money. if the IEO is popular again, hopefully the exchange can be better at selecting new projects.
I also prefers the coming of IEOs if managed by a reputable exchange atleast this can restore investor's confidence that their investment is in a safer hand whereas in the case of ICOs investors always take a big risk where the chances of recouping or making profits from their investment is very slim due to higher rate of scams, some ICOs even displays some element of trust in their project by parading a crack of  team of experts, an organized advertisement e.t.c still ended up as scam.
Having few trusted IEOs promoted by few reputable exchanges in the cryptoshpere is well enough to make profits and sanitizes the growing numbers of scams in the system.
 
3982  Economy / Speculation / Re: Bitcoin price to reach $17k? on: November 11, 2020, 10:00:25 AM
Bitcoin prices are closest to $15,500. I think it can break today or tomorrow, and after that, the bitcoin price can still increase to break $16k. But to break $17k, the bitcoin price will need more time because if the bitcoin market is like this, I am not sure that we will see $17k this month. Maybe it will break it in the next month. If that happens, maybe we will see the price will touch $19k at the end of this year or even the price can increase higher at $20k. It is just speculation, and no one will know the truth. If you want to make a profit, you need to wait for the uptrend and reach the highest price to make a profit again.

We are almost there but we don't know on when this gonna happen but we should not expect more since it could possibly make us left behind when the dump is coming. And although we are experience some nice pumps recently but I'm still doing a short trades for survival and damage control if the market suddenly dump hard but I expect that we will at pump so better prepare also a capital for long term hold to gain a profit if market will turns green and the past ATH will be reached.
Hopefully, it doesn't take too long to see the bear market will stay at the market, and after that, it will replace by the bull market. It seems, bitcoin price now is in the sideways mode because the price is not down or up too deep or too high, and we still the price are at the range of the price now. Maybe the price can jump to a high price or low price, but as long as we can use the moment to buy and sell, I am sure that we can make a profit. Yes, right now, the market turns green after the red candle came yesterday, and hopefully, the green candle will still be like that to help the bitcoin price break the high price.
The overall price sentiment of BTC/USD is too bullish for the bears to push it down, I agreed the that the market is in ranging mode in recent days I believed the price will settle well above the $17K speculated price-mark before the end of this year, if after the US election and in the aftermath in the breakthrough and discovery of the Covid-19 vaccine the the price can still above $15K, then the coast is very clear that the price will continue to ride upward, reaching $17K is very achievable provided that the market will not witness any negative and unusual fundamental news relating to bitcoin this year.
With reference to the 4 hour Timeframe of BTC/USD its very obvious that price had been forming an up trend higher
3983  Economy / Trading Discussion / Re: Trading hours on: November 11, 2020, 05:24:37 AM
Trading runs 24/7 but traders won't able to stay that long, they'll come into trading at different time zone.

People who have work in the day will likely make a trade right after their work is done or they'll often come once they are on rest days. That might be the reason why trading is very active when the stock market trading is closed and during weekends. It makes a big sense when we are in trading because it is very important and base on my observation, we can easily make a trade when the market is very active.


There are active trading time when the price volatility and momentum tends to move fast especially for forex traders this are time when prices experience huge movement especially during London open and New York open, there are trading opportunities at these period for USD and GBP related pairs especially for scalpers who  trades within the shortest period of time and take exit, while at the close of those market sessions the price tends to be very slow.
BTC/USD price movement has no definite session however it is well traded with higher timeframe because of it massive volatility.
3984  Economy / Economics / Re: Effective Covid-19 vaccine found on: November 11, 2020, 04:07:43 AM
Does it really means that the vaccine can eliminate corona virus because since pharmacist, biochemist and medical laboratory professionals has been carrying our research analysis concerning corona virus vaccine and know one has been confirmed active to eliminate the bond of the disease and besides the activeness of the virus has be subsides in society, So if the vaccine has been manifactured and confirmed to be 85% sure activeness, it should be release to the mass in case of some countries who are passing through the so called corona virus disease.
The vaccine had been confirmed to be 90% effective in preventing the virus, its efficacy is not in doubt, the next stage is massive production of the vaccine and massive distribution so that massive inoculation can begin or start in earnest globally.
The world economy had crumbled no thanks to this pandemic, the society had been hurt due to lockdowns.
The goods news about the vaccine when it was released had a momentary impact on the price of many market, forex pairs, commodities, indices and cryptos experienced a huge volatility before coming back normal.
3985  Alternate cryptocurrencies / Altcoin Discussion / Re: Escrowed very important for bounty? on: November 11, 2020, 12:22:03 AM
I have decided within me that I will never join a bounty that isn't escrowed because if some certain things. I have witnessed many scams from project owners and many other doesn't pay after doing months bounty for them and some would pay little out of thousands. Even some would pay when project has turned rubbish. I prefer escrowed bounty to others.
Boumty hunters who participated in an Escrowed bounty campaigns are rest assured of prompt payment at the end of their work irrespective of whether the tokens or project will be successful in a long run.
I am also a victim of non payment of a bounty campaign after several weeks of work unfortunately the bounty manager disappeared without showing up in the forum all effort in contacting him and the project team via telegram proved abortive.
However its quite unfortunate that many bounty hunters don't bother about Escrowed campaigns any longer especially the newbies they join as many campaigns as possible to earn many paying and non paying projects.
3986  Economy / Gambling discussion / Re: Premier League Prediction Thread 2020/2021 on: November 10, 2020, 09:15:48 PM
Maurinho has to do everything within his power to ensure Bale stays in the Spurs team as he seems very much like the best man for the team. He's already doing well with the team and have a few goals already.
~

Great player but his age, wages & struggles to keep fit make him an unattractive PERMANENT transfer. He’s great to have on loan for a season though.

Do any of you think that Bale has somewhat become worse in recent years? He scored about a dozen goals in almost each season during 2013-2018. Suddenly he's putting out only 2 goals last year, which sounds like the reason Real sent him on loan in the first place. I don't think this is the kind of player that Spurs wants to keep forever.

He also got an injury this year that made him miss 11 games in the span of 37 days.

https://www.transfermarkt.com/gareth-bale/verletzungen/spieler/39381
Although Bale had played for Tot for 6 years from 2007 to 2013, I guess he still need time to adapt and get use to this place. He had many extraodinary seasons wimho th Real Madrid. Since Zidane did not want to use him anymore (most of the time he was on the bench whcih prevent him from scoring), his performance goes down really fast. Time will heal this man cause he is quite a big player. Mourinho understands what to do with his chess. This coach only makes a few mistake on the transfer market
After being frustrated by Zidane in Madrid, Bale was almost  in a  verge to sign a contract with a Chinese club in 2019, he had already fallen out of favor with his manager then, fortunately injury hit Madrid had no option than to keep him,  I believed Zidane is trying to inject fresh and young players into the team thus allowing few old players to leave, mourinho will definitely get the best out of bale after -all he is not a stranger to the team, this is the second coming  of Bale having play his debut match for the team in 2007,  Tottenham having the trio of Kane, Son, Bale in their attack will surely make a difference for the club.
3987  Economy / Services / Re: [OPEN] Duelbits.com | Signature Campaign ~ Sr. Members+ | Up to $60/Week on: November 10, 2020, 12:59:56 AM
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=949294
Current amount of posts (including this one): 3030
How much merit have you earned in the last 120 days: 13
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3988  Economy / Gambling discussion / Re: Premier League Prediction Thread 2020/2021 on: November 08, 2020, 09:15:58 PM
The match has been going on, and now Arsenal are 1 goal behind Aston Villa. 10 minute into injury time regular time, I'm not sure Arsenal aren't sure they can equalize. It would be great if Arsenal lost, because that could give City the opportunity to be one level above them. Lol
I don't know if my comment is due to my stake on arsenal to win but, I feel a good come back on the part of arsenal. I believe the game would ilend in a Arsenal 2-1 Aston Villa win with Arsenal bagging all 3 points, it's half time already, let's see what the second half holds.

The manchester city 1-1 draw was an expected outcome, maybe not an under 2.5 as it turns out but, it was surely going to be a fight of two elephants where the grasses beneath them suffers and that's what it turned out to be. It was obviously an andrenalin filled match on both sides and Manchester City has succeeded in making Liverpool's time of being top on the EPL table short lived as Tottenham now leads after a West Bromwich Albion 0-1 Tottenham win and now tops on the EPL table. Jose Maurinho must be really proud.
Sadly today Arsenal chocks and now down to 0 - 2 at home with 75th minute play is going on and I am feeling now they have no chance of comeback in this match very poor from them even they are good in ball possion.

Edit: 76th minute now they are leading by 0 - 3  two back to back goals by Watkins.
Arsenal performance today was very woeful,  they are very inconsistent this season this is a team that defeated Man Utd last week, that defeats beat my imagination while coming to lose today against Aston Villa,  Aston Villa are the better side in this match they are very brilliant in their manner of play this reminds me of their walloping of Liverpool earlier this season.
3989  Economy / Trading Discussion / Re: Trading losses on: November 08, 2020, 07:03:17 AM
People suffer losses because of no patience to stay in Bitcoin. Those who truly believe in the growth of bitcoin able to wait for the price to increase and also some able to accumulate until it reached their target price to sell. So some wants for a quick profit that they do day trading and suffer loses. If they know the big opportunity in this industry they will be patiently hold and will accumulate more btc even the price is low.
While some traders bought at peak thinking that the price will continue to trend upward  just like the recent peak at $15900+ in the period of US election, imagine a buyer who bought at that price zone will be in red now, that is where charting analysis experience is needed so as to have an edge over the market, while its quite difficult for a newbie to day trade Bitcoin, the best bet for a newbie is to buy at low and hodl while waiting patiently for a pump and sell to earn profits.
3990  Economy / Speculation / Re: Why is Bitcoin dumping right now? on: November 08, 2020, 03:28:44 AM
Is it because the Trump people have given up?

Is it because the Biden people are relaxing after what they think is a win?

I had hoped Bitcoin would actually make it to $20,000 this time!

Cool
US election has come and gone, the dust raised by the election had settled down while the election last there was  a huge pump in the price of Bitcoin infact other USD related pair also experienced volatility.
I believed BTC is experiencing a minor corrections or pull back hopefully the bullish trend will resume soonest, the Price Action of Daily chart is indicating a bearish exhaustion meaning that the market is still very bullish, while the weekly chart is showing a bullish wick which I believe is likely going to be filled this week by the bulls.
3991  Economy / Gambling discussion / Re: Premier League Prediction Thread 2020/2021 on: November 07, 2020, 11:57:46 AM
I am interested in two games today... Everton - Man United and West Ham - Fulham... I do not think that the red devils today will win, this season they play disgustingly! I also think that West Ham will win! Wink
 Ole Gunnar Solskjaer is expected to win this one after a dismal performance from the last two games especially their embarrassing midweek defeat to a lowly rated Istanbul Basaksehir side in UCL, this game is a litmus test for both managers, Ancelloti tutored side had also lost some matches after starting their EPL campaign with a perfect start, I foresee the two team playing with caution thus a likely draw match. Inclusion of martial into Man Utd squad will add more bite to their attack which had not delivered well and not scoring goals lately although Everton are equal to the task too with likes of James Rodriguez and Dominic Calvert-Lewin in their squard to avoid three straight defeats
3992  Economy / Speculation / Re: New peak: $14500. No bearish sign. Keep it up the King on: November 07, 2020, 09:39:28 AM
Let's hope that the good movement of bitcoin will continue until end of this year, although I'm expecting it's value to touch another ATH this year. Good to see that bitcoin demand keep on increasing no matter what is the reason behind it if there's any like US election that many believes that this is the reason for bitcoins value now.
The price movement of Bitcoin which had received a massive growth in the past few days seems to have reduced it volatility and momentum from yesterday and today price movement  its seems the price had slow down I believed US election in the last few days hyping had settled down and the winner will be announced soon.
Every cryptos enthusiast had been anticipating a new ATH this year going by the bullish trend of the price,  attaining that price mark this year remains a doubt if there is a price pull back or correction after US election.
3993  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Youengine (YOUC) failed on: November 07, 2020, 08:03:01 AM
I'm glad I don't end up promoting this bounty project, here are reasons why I don't join the bounty campaign.

1. They tend to use small exchanges for fund raising
2. The team lied that they don't need money, they claimed they are well funded and yet they use small exchanges
3. The project use case isn't a new idea, infact they have too many competitors
4. Upon aiming for small exchanges to raise fund they are giving up too high allocation for bounty hunters, meaning they have no experience about crypto space and their exchanges
5. John mcafee name was tagged to the project banner and they keep sharing it as if John McAfee is all they need to be successful when we know that he is a king of nonsense Hypes.

I agree with your every single points you gave. But at the end it's too early too judge a project i think. Of course everyone knows that this project try to sell their token biased on hype. Like 4 billon users or macafee name tag etc. But end of the day we all know only legit project will survive in this crypto planet. If project team management really want to stay crypto space for real then they have to re-write their plan and roadmap asap.
Its quite unfortunate that YOUC token will dumped to the extent that no buyer is demanding for it, this project received a massive promotions, they did bounty campaigns up to 4 rounds, just to give the project a massive advertisement, I once participated in their campaign,  thinking that the project will be one of best  the project team should have listed YOUC token in a popular and reputable exchange,  and locked some of the tokens.
I am  very sure that dropped in its price will be attributed to bounty hunters, the usual stories of any dump in a token, investors wouldn't be blamed likewise the project team.
3994  Economy / Trading Discussion / Re: How btc price correction make things right. And what you should be aware of. on: November 07, 2020, 05:15:25 AM
Just invest in the major coins. You can't go wrong with the likes of BTC, XMR, LTC , and ETH for example.

Don't be afraid of corrections. They always happen and normally after a nice rally. They could always be used to your advantage. That's buying days for all of us. Just don't allow yourself to get carried away by emotions seeing red candles.
Price correction is needed by the people who wants to enter the market at lower price as well to avoid too much crash in the market when the price went too high. We should be aware of that some point when the price arises it will sure to fall down so we must monitor it properly when we know that the price we're getting higher so once it shows some start of low points we will be able to withdraw and get some profit.
Every investors or traders desire is to enter the market when the price is undergoing correction however there are instances were the price dipped more after correction after the trader had already bought at that zone except such a trader is knowledgeable in charting analysis else investors or traders might continue to buy or enter the market at the wrong point this is mostly common with shit coins whose daily volume traded is nothing to write home about.
I will only encourage nvesting  in Bitcoin or eth these ones has potentials and steady growth.
3995  Economy / Speculation / Re: BTC is getting ready for 20k again on: November 06, 2020, 03:46:13 PM
It still needs more time for bitcoin to reach $20k because bitcoin now seems to make a correction for a little down. But the opportunity for bitcoin to reach $20k still wide open, and it could touch that price in this month if bitcoin has more power to increase. Maybe the price can break $20k at the end of this year or it still happens in the next year.

We don't know if the election cause bitcoin price rise higher in just one or two days, but even if that is because of that, we are happy to see the price rise higher. The price now is at $15,600 level and is still trying to increase slowly, and I hope that we will see $16k in this week.

of course the increase in bitcoin is beyond the original prediction because it is estimated that the increase will only occur at the end of the year at a price of $ 15K and will continue until next year which is expected to reach its peak and exceed 2017.

but currently bitcoin continues to increase and surprisingly it is also not accompanied by altcoins that usually follow the rise of bitcoin. seems like it's a bit late for the altcoins to make the move.
We shouldn't be carried away with the sudden upward surge in the price of Bitcoin I remembered vividly the events in 2017 when the price reached the ATM at $20K thereafter there were lot of speculations i.e FOMO that the price will touch $50K then, a lot of newbies and new investors did invested massively unfortunately the price plummeted and dumped massively invariably massive losses of portfolios and investment.
I am not a prophet of doom that is against the upsurge in the price of bitcoin but we should also be mindful of its price action probably after the  final result of the US election is announced we should be expecting a stability of the price if truly the recent pump is attributed to this election.
3996  Economy / Trading Discussion / Re: Every BTC trader should use it on: November 06, 2020, 02:24:37 PM
This thread is very useful and informative especially for the newbies. As soon as I saw this thread I quickly bookmarked it for future references. If there's any chance someone ask me regards what crypto tools should they use I will provide them this link.
What I like on the tools OP provided is the Crypto News aggregator coz I am really fan of crypto news. Through news I can make my TA. So yeah this was a great idea I will highly recommend this thread.
Indeed all the information listed by the OP is very useful I personally used https://coinalyze.net/ to analyze different chart patterns from the various exchanges listed on the site like Binanace, Bitfinex,Coinbase Bittrex etc thus giving me the opportunity to have a first hand view of the price via the different platforms.
I am trying to explore the other useful sites listed which can also aid my trading strategy I also have Blackfolio at my disposal to give me the latest update on the prices of cryptos with an instant alert in case of any pump or dump in the price of my favorite coins.
I use https://cryptopanic.com/ to obtain latest and detailed news about bitcoin another useful site.
3997  Economy / Speculation / Re: Bitcoin is doing Pump & Dump before the US Election results are finalized on: November 06, 2020, 10:11:19 AM
There is no reasonable explanation as to why Bitcoin is flying high to $15,600 without referring to the US Elections.

Once Biden will be declared a winner via winning PA or GA or NV and AZ - this would change everything.

Probably Saturday, November 7 - is the day to sell your BTC.

If you hold BTC - best if you convert it to Tether (USDT) now and HODL coz BTC is going to dive so deep into the $9k territory once the US Election results are clear.


You made a point here when the dust of the US election settles down then the price of bitcoin might likely plunge and dump, since the pre-election and during  the election there was a massive and unusual volatility in almost all USD trade-able pairs across all the market platforms like Forex, indices, commodities e.t.c,
A lot of people might have a divergent views that the recent pump in the price of bitcoin has nothing to do with the US election, personally I think there is correlation between the two, market moves based on fundamental news which are usually synonymous with a spike or pump in price of any trade-able commodities.
However I disagree that the dive or drop down will reach to $9K as speculated by the OP even before the election the price of bitcoin had been hovering above $10K and $11K, this year we had seen a significant growth in the price of bitcoin thus I expect the bullish rend to continue till the end of this year.
3998  Bitcoin / Bitcoin Discussion / Re: American election is nothing to do with BTC on: November 06, 2020, 05:29:55 AM
I agree with it. US elections has a huge impact in the whole world, whichever between Republican or Democratic Party may won. However, I strongly believe that it won't affect the movements of Bitcoin in the digital market. Because Bitcoins movement cannot be controlled by anyone. I have faith that the price will continue to go up throughout this year. But still, we cannot really predict everything...we better see what will happens next.
Yes. All we have are just pure predictions so let's just wait and see once the presidential election is over. I believe US election has still an impact to crypto particularly bitcoin but we can't really tell if its huge or not. The only thing i am sure of is that crypto volatility will always keep going so we can still expect pump and dump season every now and then.
Until dust the dust of the US presidential election settles down else the crypto market will continue to trend, from a close observation majority of trading commodities, forex, indices and crypto had been experiencing huge and massive volatility in this period of the election while some of the pair linked with USD pumps while others dumps thus it very obvious there is a correlation between the election and bullish sentiment of bitcoin.
I believed many companies and organizations are reserving their assets by investing in BTC thus more demands of the coin due to uncertainties in the after aftermath of the election however regardless of the outcome Bitcoin will continue to thrive and experience massive growth.
3999  Economy / Trading Discussion / Re: Does auto trading bot make good profit ? on: November 06, 2020, 04:19:59 AM
I don't think so. Just imagine, if you set a machine then it is giving you a certain amount of profit after a certain period. If it happens then everyone will take this advantage and who will lose? I can not understand the mechanism though.

By the way, bot trading exchanges are too annoying for me to use. Because those exchanges give us the fake volume. So I don't think that bot trading makes a good profit actually.


No one professional trader will use bots. How can we entrust machines our money and decisions? You can use bots just for personal interest. For instance, I trade myself, and later, I compare the resolts of my job with the bots predictions’probability.
Majority of Bot makers only sell to make profits, the more the sell the money they earned  a profitable bot wouldn't be sold out by the producer they would rather use it to trade and make much money themselves.
According to research bots picking up trades wouldn't be based on fundamental news that is a major drawback.
Personally I am not a fan of Bot I prefers manual form of trading using my brain to take trading decisions, while many traders might not have time to sit and trade, I used higher timeframe 4 Hour and Daily to pick my trades this wouldn't take my time.
4000  Economy / Economics / Re: The pandemic did push the world towards a more digital age. on: November 05, 2020, 08:25:06 PM
Even without a pandemic, people are already adapting to new technologies. What this pandemic did is just force people to adapt even though they are not ready. It is the main reason why there are a lot of people that are forced to work from their home, attend their  online classes in their houses and the increased of virtual money is also an effect of that.
Actually, those engagements with technology is more likely related to online services and not technology in general. Services and other businesses continued in using online platforms simply because many people have no other options since going outside is prohibited to prevent the widespread of the virus. And that I think is just a small portion of technology. People are just more exposed to the internet lately because of the situation but not to technology at its broadest sense. It won't be valid to conclude that everything will be digital soon just because many people are holding their phones most of the time. If we are not needing drivers, not manually cooking things and such that would be the time everything is virtual, kidding aside.

That is why I am saying that they are forced to adapt because they have no other choice but to do that. I am not actually saying that this pandemic forced the digital age on the people, what I am saying is that the people are adapting to what they can do in this pandemic and for me, we can't actually say that this is that age since there are a lot of people that are still not familiar with some technologies that we are using.
Covid-19 indeed had changed our adaptation towards technology, student are forcefully allowed to do online studies thus changed their orientation from attending a physical classroom to a virtual one, although it might be tough initially but they will adapt to it.
Smartphone users who might had not been using some of it features for online transactions may be due to its complexity will surely and forcefully learn how to use them based on the fact that the virus can only be curtailed by not having any physical contact.
Once a lasting solution or vaccine is produced and the virus is finally curtailed a lot of people will stick to the virtual life styles they had been utilizing and might take some time before they resorted to the usual physical contact.
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