It has recently been observed that the suspected Ethereum “Creation Address” has transferred more than 210,000 ETHs, many of which are suspected of being cashed in by the Bitfinex and Kraken exchanges.
This is why bitcoin and crypto is amazing. You can't do anything "secretly" there is always a paper trail. You can simply just follow where the money went and where it was spent and how it was used and you can see how it was gone and what happened to it. Blockchain is an amazing technology that will make this conspiracy bull shit go away. I think ethereum is amazingly strong and right now it worth really low which means that no person with a sane mind would sell 210 thousand ethereums right now, even if someone wanted to do this they would do it in a bull market. Eth once worth way over 1 thousand dollar per ethereum and if I was that person I would have sold it during those times and rebuy right now so someone selling 210k ethereum right now makes no sense to me at all. |
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I definitely agree with this statement.
I do suggest to tell people that gambling suppose to be something that you do for fun and suppose to be entertaining however people are still focusing on the "money making" side and I blame the movies, they always make movies about how the gambling can make you so rich that in one day your whole life can change because of a great hand but they are missing that one movie and one person making that much money just doesn't show all those people who lose money there.
You suppose to have fun on a casino, have quality time spent there, not focus on making money and get rich and change your life all of a sudden.
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I am ready to buy bitcoin of all the falls that the market gives us. It is better to go at the lowest price, than to miss the moment and stop by when the currency will show a positive growth rate.
That is usually the best way to go in most cases, and for those who are smart enough, they would not even want to blow the chances of buying the dips rather than missing it eventually and regretting it as that is what a lot of people will end up doing and then we will start seeing another thread of those wishing for the prices they could have gotten in and how some of them missed the chance. Buying in now with the chances of the dips and even more dips as long as you believe in the market is all that counts. Buying now is recommended only for bitcoin like highly recognized coins. For most other coins, opting out to watch the market fluctuations is highly suggested instead of getting struck with negative markets. |
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👉 Start "Day Trading" which can be very risky if you are a beginner.
Nothing wrong with day trading. I started day trading when I am a beginner and until now I still day trade. I love day trading. I easily shows you how much profits did you take in a day and prepare for another trade next day. It's more like a day job to me. day trading may not work for anyone but it doesnt mean its a bad strategy. Pretty much. The beginner mistake in this case is not that beginners go straight to day trading. It's just that they usually sort of go all in on their funds immediately, not taking management. People in general just underestimate day trading, thinking that they can easily time the markets. Most beginners have always been making this terrible mistake thinking all they just need is to just hit an exchange and start trading immediately as long as they are buying the market at a low price and selling at higher price and they cared less to know a lot about the basics of trading, all the things they need to understand to be able to make solid decisions when it comes to trading until they flop so badly losing all their funds. If they can understand trading is not just some simple arithmetic and a real profession, I guess they will see the huge need to learn first. |
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Hey guys. What tools/site/services do you use on a regular basis to improve your trading game?
coinmarketcap.com - this site provides coin price and status on real time. here we can see the list of exchange that lists each coin. for mobile, i use bituniverse as tool to check price. there are lots of twitter accounts you can follow. telegram also provides good information. It is always a good thing to understand the space you want to be delving into and some of the coins that can be traded and why you would want to be trading them which is why I believe that coinmarketcap is a very useful tool where one can find all these information and concentrate more even on the top 100 and one that would be good enough to trade based on one's style and strategy. There are other tools that would be reliable but nothing is more reliable than one's knowledge about trading and the market as a whole which is the basic tool needed to do things right. There are no specialized tools needed for alt trading as it has no differences from forex trading or from BTC/USD trading. |
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Wrong choice of words. We should not "pump" the market 100%, we should definitely try to increase the market prices of everything 100% to get the bull run started but we have seen what happens when you increase to something high too quickly.
Bitcoin was like max couple thousand dollars on September and on December it was over $20k, of course it went down really quickly when people started to take their profits and leave, other people got scared and the middle between the $5k - $6k levels and $20k levels were so empty that it went down quicker than speed of light.
Hence, we should try to fill the prices before we go up, go up but slowly and you are definitely staying above instead of going up quick and going down quick.
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Not so long ago I got known that there is the rule 90/90/90 which means that 90% retail traders lose 90% of their deposited margin $ within 90 days. I am wondering to get to know your opinions, experience and observations to figure out whether the rule works or do not work.
What about my opinion, I guess it is really true because every retail trader, whom I knew, lost money on margin trading with various assets (Forex, futures, CFDs).
Interesting theory, and apparently it really is confirmed. Greed and margin trading to good usually do not bring and I think you can lose your money much faster than 90 days and all 100%. I wish it is something that can be verified or probably it is just an assumption based on how the market is and how so many people just want to trade without even having the knowledge to do so. I would not be surprised like some people said if 90% of retail traders are losing even as much as 100% of their funds within 90 days. I have seen wannabe retail traders who always end up fumbling things pretty bad and blaming the market for their 100x leverage rather than blaming themselves. Margin trading is not even a way to go for anyone who really wants to get the best from trading and I wonder why a lot of people still thread this path. |
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We have seen that the price of bitcoin has been stucked between 8k and 9kk.Sometimes,it reach 10k.But will the price of bitcoin reach it's previous highest within the end of this year?Which price are you expecting??
No one can really know the exact time but I think there needs to be couple of changes done to bitcoin world before we can have the same amount of increase once again. First of all we should not work for the $20k mark or so again, we should focus on getting there a lot safer so that we don't fall down that quickly anymore. We should buy bitcoins not fast but slowly and surely. We should increase the good news and positiveness around the globe about bitcoin, we should even pay news stations and advertisers to paint bitcoin as a great investment, we should have celebrities talk about bitcoin all the time. That would help bitcoin increase in price as well as keeping it there. |
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Blockchain is a good technology that will be use as a tool of transparency to every transaction being done. The government should know and develop a system like this on their system. This will eradicate corruption or transactions being made under the table because there will be a transparency on every transactions and how much money is involve. The budget of the people will be obviously utilize to its intended purpose. Would you agree with this idea?
sometimes, it is the government that is preventing transparency in almost public transactions, that is why many countries are avoiding blockchain technology, they are afraid of what is under their grave, afraid what will they find, blockchain tech is for government that is pro- people, and not for the ill-fated corrupt countries. It would be a hard thing for them since this is going to expose most of the evil atrocities they have been committing over the years and render them unable to go their corruptive ways. The government understands the implication of the blockchain technology and any serious government that is after the development of the nation, will be ready to implement it. Nevertheless, even though blockchain may end up being implemented, that does not stop any form of corruption as a corruption practicing government, there would still be a way they would end up going some other means of their practices. So in a way, it is not like it would be a solution provider to corruption as that totally depends on the whole body of government entirely. |
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You can't purchase or buy bitcoin, but you can use bitcoin. Logic goals. A central bank of crypto,its ridiculous. It has bank in its name, how can it be good? Oh god, we are seeing countries making absolutely worse decisions, and its hypocrisy that's evolving here. Yes they just don't mix together. How is this even a thing. It is indeed hypocrisy of the highest level. Rather than looking at things that are relevant and necessary, they are busy coming up with things that really does not even sound like those who have a clue of what they are doing. It is insane to be thinking of central bank of cryptocurrency when indeed everyone is their own bank and have full control of their money. Of course, that shows how much they just want to keep being in control and in the center of everything, so I am not surprised at how ridiculous they are. |
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You can also try to watch copius amounts of gambling yourself on youtube.
I have watched the big guys playing poker to not just how they react to certain situations but I also followed the other side that lose to see how they react to what the winner was doing. That way you not only understand the mindset of a good hand but you also understand the people who try to bluff their way into a pot.
Getting into the heads of your opponents is the biggest weapon you have in any sort of gambling, sports, betting or any other 1v1 situation in life.
Hence, studying the real poker players and see how they react to everything and memorizing to use it later on is quite useful for the future betting you will do.
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Well, "good" is dependent on what you want from a casino. If you mean good in a house edge way than you will have to try to calculate which casinos offer the best house edge.
If you mean good as in entertainment value, than you need to find a casino with bunch of features that makes the games more than what it is at default, things they add to make it more entertaining. To me when I try to select a casino I do not care for any of that, I just care if a casino is trustworthy and won't scam me. That is all I care, play a fair game on a trusted known website. I usually play at bitsler because lets be honest devs have been around for years and have always been the trusted amazing owners.
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I don't so much believe in beginner's luck because that luck is spread out among the participating members and it may not always pick you. So gambling is all about keeping it rolling, and that's not good for the player always on the loss.
I really doubt if there is anything like beginners luck. Yeah, at times, as a beginner, it is more like the site trying to welcome you to the party and trying to let you get very comfortable. I remember when I started gambling at first, it was as if the greens from the dice just won't stop and over time, I thought the martingale strategy I was using back then is really going to set me on the wealth level and then it all started. The same thing happened when I started using another account. I really won't say it is a beginner's luck thing, it is just either the computer playing with your intelligence or nature playing with your intelligence. |
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let hear the challenge you are having with the cryptocurrecies or the blockchain technology that is bringing down you market, LinkChain and MFChain might just have a solution them. Solving problems is our specialty.
Let's hear you out...
The problems and limitations to the blockchain technology are numerous, and I doubt your projects has a solution to each of them. How about you outline the qualities of your product, and what it can do, and let people have a pick at how it applies to them.? I doubt if the projects has even been able to find a solution to themselves, let alone blockchain at large. The OP could have been specific though to actually state what the tokens he mentioned will bring as a solution to the blockchain world or just other wannabe ones with only empty promises and no single product. We all know blockchain is still fresh and new, whereas development is going to be gradual, as it is, there is no solution any coin or token present on blockchain itself can solve for the blockchain. Sure, we all know the main problem for now is people seeing the real value and until we start seeing real life usage, then we won’t be able to achieve that, and I do not see what MFCHAIN or the counterpart is trying to do to achieve that. |
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How did you know when will the price in the market will pump and dump. People do not have a crystal ball to be able to predict the price, but you can use an alternative, you should know that the price of bitcoin increases or decreases depending on the news. For example, if tomorrow you have some good news then the price is more likely to increase, but if tomorrow we have negative news the price will be more likely to fall. You can see this with a great concrete example, I speak of the ETF's... if by case the SEC on September 30 approve the ETF then the price will increase, but if the SEC postpones its decision or disapprove the ETF, then the btc price will drop a lot and in the months that will follow the price will not increase much. this is because people buy cryptos to make a lot of profit fast, so they just buy when they know that a great good news is coming I really wonder what some people expect from a market when they think there are some people who are good at predicting the market. No one knows the future and the only thing most traders do is to use certain signals to know if it is a good point of entry or a good point of exit and even at that, there are still bound to be some times market will always end up doing the shittiest thing but at least with some minimal loss as the case may be for someone who is knowledgeable. Someone like OP apparently assume it is all about buying low and selling high or just seeing green and hopping in immediately. That to me is just another form of gambling for someone who does not have a strategy. |
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Margin is not that bad though as long as the trader is not greedy. Most times if you are good trader and you still make do with a very reasonable leverage level, you should not get caught up in a very bad trade without at least getting out and losing just few.
However, I have never been a fan of margin trading, considering it is more or less a huge gamble which could make you loses so much, and I would rather trade more like investing in the normal way.
But even if you are not greedy, what happens when there is sudden spike when you are doing shorts, or what if price flash crash when you are doing longs? It is very tricky because you always psychologically look at stop losses as percentage of price, but with margin, this stop loss can lose you 5% or 10% easy, just for being there when orders all trigger at spikes and crashes. No point in margin, just be patient,,, it is truly a gamble. Win big, lose bigger. What you just said is the main reason why you should never joke with your stop loss if you are threading this path. I always tell those who care to listen that if you are going the leverage way, then you should make sure that as you are entering a position, you are setting your stop loss as well either you are going long or short in the market. A lot of newbie traders miss this part which is why they tend to lose a lot in the process and once you run out of liquid, you are done. I really do not advise margin trading for those who do not have the knowledge to minimize the risk. Better to trade normal market instead. |
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Yes and no. If you think about most of the people loses their money when the market is down then it is right. But think about when you have coins which you purchased at lower cost than even if the market down then you are in profit. If you purchase Bitcoin at the rate of 6500$ then now you sure in profit. Because now at the moment bitcoin goes over 7000$. But the market is still down. Unless it goes over 12000$ we can’t say that it going up.
Market cannot be down forever and it won’t be up forever as it is all these changes in the market between an uptrend and a downtrend that makes it what it is. If the market does not go down, it won't bring any chance to buy lower and if it does not go up, there would not be any chance to sell higher, so trading the fluctuations will not be possible. Those who lose in a down market are those who do not have any trading knowledge at all and all they do is gamble, which makes them to actually be buying at a higher price, thinking they are buying lower, in the middle of a market that is being dumped. |
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I hope all exchange increasing their level security so they will not under attack by hacker again, and all exchanges should be add feature of trigger order that important to use it for stop loss, trailling stop and buy stop so crypto exchange will have complete feature just like Meta Trader platform. All exchange should be follow Binance that keep continue to expand in others country while promote advantages of crypto and blockchain technology.
Asides from general DDOS attack or some inside action that could jeopardize the exchange security at large, I want to believe security should be in every user's hands. The use of additional security features like email login, 2 factor authentication and so on, is good enough to give hackers a hard time getting into your account. I would only love to see less fees on exchanges like bittrex and I thought by now, the likes of binance and Kucoin could have made them reconsider but they don't seem like it. That effective stop loss will also go a very long way if it gets to function pretty well on most exchanges. |
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In order to again exceed the price of $ 20,000, some very significant global events must occur. This year, most likely no strong push that would allow bitcoin to update its maximum - will not happen.
That is just it and that would be news that would really fuel in a huge demand for bitcoin in a pretty huge way than we can all imagine. I really do not see much happening this year if we are to end up relating it to the market movement towards $20k. We will really need that strong push to get it up there with the fact that a lot of those who managed to hold still with the market trend after buying at the top, would quickly want to sell and get out. Some weak hands are still in the market, but despite the fact that some have lost hope, some are still just hoping for that day they will just simply get out which would obviously bring about a huge resistance as we keep going up. |
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How high Bitcoin rises is the biggest question during December 2017 but after an extreme downturn, investors and traders expect analysts' predictions to turn into reality. Predictions by analysts such as Tim Draper who confirm Bitcoin will reach $ 250,000 in 2022 appear in Interview with thestreet.com to discuss Bitcoin and its future.
What do you think? do you believe? give the reason
I would like to believe that everything will be so. I would not expect any new investor not to want to believe it to be so after picking the peaks and holding all through, believing that just one day, what they are holding is really going to be worth a whole lot. $250k may sound more like a top one at the moment, but we all know this market can really end up surprising and we can one day be testing this phase as an ATH or even using as a support in the long run. However, like I said, this is in the long run and no one knows the future at all, except for us to just wait rather than trying to predict something we know nothing about. |
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