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421  Alternate cryptocurrencies / Speculation (Altcoins) / Re: HOW DO WE INCREASE THE VALUE OF CRYPTOCURRENCIES? on: November 12, 2018, 03:10:39 AM
There are over 1500 cryptocurrencies on the market. However, most of these crytocurrencies has little or no value at all. I have been selling several of these cryptocurrencies whose prices are just nothing to write home about.

 It is sad to see several cryptocurrencies valuing less  than 0.0001 dollars. We, the investor( time and money investors) need to do a lot to cater for this unattractive prices. Some investors are scared of the low prices and hence are not even interested in trading in cryptocurrencies at what?

What can we do to speed up cryptocurrencies in terms of price?Huh?

Please share your ideas.

We can make cryptocurrencies grow and value of it by making people see it as important and for a lot of volume to come inside the market. That is how you can make crypto valuable.
422  Economy / Economics / Re: What should I choose on: November 11, 2018, 11:25:57 AM
Hi guys, I just graduated from college and wanted to have a better income but didn't know what to do. I want to find a solution to get around this situation. There are just friends who invite businesses to provide income, and there are also those who invite to invest in cryptocurrencies. If you are in my position and faced with these 2 choices, which one will you choose:
1. Invest in cryptocurrencies
2. Opening a real business

Give me the reason why you choose between the one above

regards

You should try opening a good business for yourself and try to make out of it as your precious business that you would take care because you might end up regretting not investing in crypto.
423  Bitcoin / Bitcoin Discussion / Re: $6 Billion gets wiped out the cryptocurrency market on: November 11, 2018, 10:50:41 AM
I heard a news about,
$6 Billion gets wiped out of the market capitalization the cryptocurrencies between November 7th and November 9th 2018( within 48 hours).The valuation of this highly volatile market fell from $220 billion to $214 billion within this period.

So, what do you know about this, and what will happen to the price of the bitcoin ?

Well, as you can see there are no major effects in the price of Bitcoin about it and I know that bull run would start not long now. So be prepared.
424  Economy / Trading Discussion / Re: 4 Things Traders Must Do To Be Successful on: November 10, 2018, 10:30:12 AM
THESE 4 TRAITS WILL MAKE TRADERS SUCCESSFUL

If you have a passion for trading, Dr. Brett Steenbarger has some choice words for you: you're not going to make it. Instead, traders need to be passionate about markets. It may sound like a minor distinction, but it's not. In decades of working with billionaire hedge fund managers and traders, he's found that traders that are passionate about trading don't put in the work and trade too much.

To be successful trading, Dr. Steenbarger has learned:

1.   A rule of thumb for how traders should control losses so that they never lose more in a morning than they can make in an afternoon, more in a day than they can make in a week and more in a week than they can make in a month;

2.   Why traders should not just focus on minimizing their weaknesses, but also maximizing their strengths;

3.   A simple trading journal that will help you improve each day; and


4.   That the best traders are ones that embrace losses and use them to become better.

Author: Dr. Brett Steenbarger

Source: https://blog.topsteptrader.com/brett-steenbarger-limit-up-futures-trading
 
www.tallinex.com wants you to make money from the markets.




I have already seen some of these in every trading tutorial and every person in that tutorial is always saying that thing but none of that to be followed by other people.
425  Economy / Exchanges / Re: Payment method on: November 10, 2018, 09:07:14 AM
To start with, I’am owner of a small coffee shop and the business goes well now, because we caught the wave in the right time several years ago. Now, ofc crypto will be on the peak, but I’am afraid not in my country yet. We are planning start-up (fast food) and want to stand up from the crowd by adding crypto as a payment method. Who have an experience/ knowledge of such integration, help me please with the process  step by step?


But what if that certain payment method of a crypto coin would eventually go down? What would you do? There is no good coin that could be as a payment method to use right now.
426  Alternate cryptocurrencies / Altcoin Discussion / Re: give an explanation about fake ico, and how to find out on: November 09, 2018, 12:13:46 PM
I want to ask about fake ico that is too much lately, is there no controller about it in this forum, too many people are fooled by fake ico, should I have ico verification when creating an ico thread in this forum to make it clearer the ico project

You can really never know if that ICO would be fake at the end. Sometimes an ICO could be great with their background but still be a scam project in the end.
427  Economy / Trading Discussion / Re: Learning day trading on: November 09, 2018, 11:20:08 AM
How are people learning how to day trade? What are you methods?

Personally I've done the signal groups etc but found them very hit and miss. I'm not good enough to do my own TA (and can TA really help for day trading - no idea?).

Only method I've found that I find works was taught here: https://discord.gg/nCmjwmQ

It focuses on getting in and out of v.high volume coins as they naturally fluctuate.

Cheers!

You just learn it for yourself. I don't recommend day trading though. It is still good to trade in swings and would try to wait it out and also get out when things doesn't go on your way.
428  Bitcoin / Bitcoin Discussion / Re: Fun fact about bitcoin that not everyone knows on: November 09, 2018, 10:33:22 AM
Been looking for some fun fact about bitcoin and thought of sharing here since some of them are new to me and maybe other can also learn something from it. I listed top 12 favourite  which I find amusing and interesting.

1. A dormant account 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF that has 79,957.19633625 BTC continously received bitcoin but nothing was sent out and remain inactive since it's created in 2011.

2. GV, Google's investment arm and Richard Branson invested in 2017 in Blockchain wallet.

"correction added for #2, thank you @jseverson"

3. Bitcoin started to get the attention of China when an actor Jet Li received  230 bitcoin as donation for his foundation in 2013.

4. Lamborghini is the first car company to accept bitcoin as payment for a car....now we know where "When Lambo" came from.

5. Mel B of Spice Girls is said to be the first musical artist to accept bitcoin as payment for her music.

6. In P2P foundation website, an account named Satoshi Nakamoto state that his only 43 today. If you look at some of his old post back to 2009 he said about bitcoin "'Ive developed a new open source P2P e-cash system called Bitcoin".

7. Bitcoin is not totally untraceable even with the use of VPN...this is proven when Silk Road was busted . Another fun fact about Silk Road, it is said that it's still unknown how many bitcoin Ross Ulbricht have.

8. Vancouver is the first city to have bitcoin machine.

9. Many financial institution already studying and exploring how to successfully use Blockchain. This is according to the survey made simultaneously by Accenture, Infosys and Deloitte last May 2018.

10. You can go to space using bitcoin as payment. In 2013, Virgin Galactic announced that Virgin Galactic customer can choose to pay with bitcoin.

11. In Feb 2018, many people were devastated when bitcoin fall to almost 53% in just one day but did you know that this is not the biggest fall of bitcoin in history? In April 2013, bitcoin price fell down 83%, from $259 to only $45.

12. In 2013, a physical bitcoin was minted by a man named Mike Caldwell and called it Casascius bitcoins (most known images used by many)  but shut down by US government due to anti-money-laundering and financial crime regulations.

How about you? What is your favorite fun fact about bitcoin?


***Source
entrepreneur.com
p2p foundation
cnbc.com
forbes.com
americanbanker.com
coindesk.com
ccn.com
bitinfocharts.com
virgin.com
Quora
uselessdaily.com
coindesk.com


Nice, I wish I could also do something unique by using Bitcoin that would make me popular in the whole world and would make some people notice me also.
429  Economy / Trading Discussion / Re: BitMEX question...? on: November 08, 2018, 10:14:17 AM
I keep getting this error when trying to place a limit order..


order has execinst of participate don't initiate


what does this mean??

Maybe you have an existing order or you are already out of funds for your new order to make. But you also have to contact the support team of Bitmex to make sure.
430  Bitcoin / Bitcoin Discussion / Re: Will the rise of immersive technologies increase the popularity of Bitcoin? on: November 08, 2018, 08:37:16 AM
Many people have predicted that we will soon witness the fall of Bitcoin and other cryptocurrencies despite the fact that they are strongly holding up in the stock market. In light of the new developments in technology, is it safe to assume that the sudden interests in immersive technologies is the boost needed to make Bitcoin and other virtual currencies the future of finance?

It will, but I guess FIAT currencies will still have a major role for our society since people will have a lot of research before they can finally use digital currencies in the future.
431  Economy / Trading Discussion / Re: WHY DO WE NEED A TRADING PLAN ? on: November 07, 2018, 11:50:22 AM

- Having knowledge but not complying with the trading plan can NEVER be profitable.
- Why need a plan?

* Reason 1: consistency is very important in trading, as it honestly evaluates the success level of a trader. The trading plan will help us stay consistent with the goal. Read it every day and adhere to it.

* Reason 2: this is business and so business success must ALWAYS be planned.

- What does the trading plan need?

1. A trading system: the heart of the plan, must be thoroughly tested with past data (back test).
* Include the necessary information: time frame, conditions for opening and closing transactions, level of risk per transaction.

2. Transaction procedure: the core part of the plan
• When will you analyze the market, evaluate the transactions ?
• When will you actually monitor the market to carry out transactions ?
• When will you evaluate transactions in the day?

3. Your thoughts: The hardest part is leaving your emotions out of the transactions.
• Just look at THE CHART SHOWING WHAT, NOT WHAT I WANT TO SEE.
• DO NOT TRY TO TAKE BACK, FORGET THE LOSS TRANSACTIONS.
• DO NOT LOSE YOURSELF, TAKE LESSONS FROM A LOSS.

4. The shortcomings of the self: concealed weaknesses, do not like talking about it. This section will follow objectively to track yourself. For example:
• We tend to close transactions soon.
• Does not comply with the trading system principles.
• Does not comply with the money management principle.

5. Personal goals: make money, discipline training, mental training, training self confidence. The goal is to help us through difficult times.

6. Record your transaction : record the transaction and why you open the transaction.

The best way to execute a trading plan is when you are not in the trade. Build yourself a trading plan that will guide you in the market, and this is actually the most effective way to actively remove the loss transactions due to emotion.


This is perfect for someone who is serious enough to mind trading and their own business and also for someone that is a professional trader.
432  Economy / Economics / Re: The world that all money have become crypto currencies issued by government on: November 07, 2018, 10:36:47 AM
It is said that central banks plan to release their own curypto currency in some countries,for example Japan.
I know it is quite extreme, but I consider the world that coin and bill currently circulated are abolished, and only the curypto currency issued by the central bank circulates.
I think there are some merits and demerits of this system.


Merit for goverment
· Promotion of utilization of blockchain and smart contracts in various infrastructures
· Reduce the cost of issuing coins and bills
· It is possible to prevent money laundering and crime because of catching a money transaction
· It is possible to confirm the history of deposits and withdrawals of funds and possible to reliably catch taxable objects
· Bribery can be eradicated

deMerit for goverment
· Increases a risk of hacking
· It takes cost to update various infrastructure such as payment systems
· Defining the total supply amount makes it impossible to measure to prevent deflation, and If it does not, it will become inflation
· When equipment is destroyed due to a disaster, it will not function as an exchanging means
· Bribery is eradicated

Merit for user
· There is no need to carry cash
· Reduce the cost required for payment settlement
· Easier transfer of assets in inheritance
· Since transactions are recorded on the blockchain, accounting and tax returns are simplified


I think there are other merits and demerits, so I'm happy if you suggest other ideas.

By the way, do you want to live in such a world? I do not want to live in such a world that I can be monitored by the goverment, no matter how convenient it is.


I don't really mind if things were to get cashless society but I guess we still need banks and our Governments for us to get our loans and other needs.
433  Bitcoin / Bitcoin Discussion / Re: Need bitcoin control? on: November 07, 2018, 09:53:16 AM
In the foreseeable future, each developed country will create its own crypto currency, provided by the national currency.

How much can this contradict the very idea of ​​Bitcoin as a free, decentralized system?

Need cryptocurrency state control?




If thing were so decentralize there would still be bad things that can happen. Of course when currencies go decentralize I know that a lot of people will be free to take good care of their own funds, but what if there would be no banks? Who would give us loans?
434  Economy / Trading Discussion / Re: Can I still get wealthy through Bitcoin? on: November 06, 2018, 02:54:34 PM
Bitcoin and the blockchain have been presented as the future for a decade now, and it turned many of those who found out about it early into millionaires.  Some rank these two as the greatest inventions of this century: cryptocurrencies, of which Bitcoin is only one, and blockchain, the record-keeping technology that underpins it. Is the prediction of bitcoin's strong future coming true within the next few years? Is it too late to have a chance in getting wealthy through Bitcoin?

Of course you can, when thing finally go to plan and Bitcoin will start a new rally it will soon be up to a many times % again with Bitcoin and would make a lot of people FOMO again back to the market.
435  Economy / Economics / Re: Who is the richest person? on: November 06, 2018, 02:14:00 PM
I know Jeff Bezos is considered the richest known person but there is a lot of hidden wealth in the world.

I've heard the following people may actually be trillionaires:

Putin
Oil Saudis
Rothschild family

When it comes to Forbes, Gates is the riches, but we may never know if you is the most rich person in this world who only held himself far away from people to be notice as a rich person.
436  Other / Politics & Society / Re: why facebook or twitter does not use blockchain now? on: November 06, 2018, 01:26:57 PM
Why facebook or twitter, reddit does not use blockchain technology, just like Steemit?

Steemit is like of a success in media, I think.

Because I think that those companies are in a perfect of operating right now and they don't want anything that would really ruin their company in anyway.
437  Economy / Trading Discussion / Re: Bitmex Effect Bitcoin Price? on: November 05, 2018, 01:26:41 PM
Do you guys think that bitmex exchange effects on bitcoin price? Because last year there was no exchange like bitmex. Now people are making money by short trade. Do you think it effects bitcoin price because exchange has big volume.

I think no. I see the price in Bitmex i way too different on other trading platforms and it kinda gives me a hard time on trading in tradingview since I can't see the chart for Bitmex.
438  Economy / Economics / Re: Big institutional money has yet to enter the field. on: November 05, 2018, 12:37:01 PM
Huge amounts of money have yet to come in. I'm talking about pension funds, teacher retirement funds and large index funds. They're not in the realm of cryptography right now, but they're just around the corner. There are two reasons. First, there is a lack of hosting services to help them provide/buy/store passwords. Second, it's too unstable for them. That has turned most of the big money going into crypto into technology-focused venture funds and some family offices.

Yes, and somehow I think huge people are just delaying it in order for some people in the market to go out before they start the bull run again.
439  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin too difficult to understand? on: November 05, 2018, 11:41:59 AM
So I was watching "The Tonight Show Starring Jimmy Fallon" and I came across a video where Jimmy is talking about Bitcoin's Birthday  " Thank you, Bitcoin for turning 10 years today this week which is the exact amount of time it takes for someone to explain it to me what the hell Bitcoin is".
Also, I know it was meant as a joke but don't you think this explains facts in a humorous way!
I feel like the biggest problem with Bitcoin is the "understanding" of it.
What do you think?
If you want to watch the video, here's the link: https://www.youtube.com/watch?v=i3Hma8DKXS8&t=100s
(0:53----1:07)


Not truly, because for some people do not try to understand it and just using it because they know that they could get a lot of money from it and doesn't need so much information on how to use it.
440  Economy / Trading Discussion / Re: How to learn trading? on: November 04, 2018, 12:16:46 PM
I want to learn how to trade. If you want, then please give me some advices, tips etc. Links to all kinds of helpful information is also very good. Please don't write empty filler comments.
yo
You could try watching some videos first on how to firstly trade in a platform and try to trade it yourself and you will lose a lot, but you will learn from it a lot.
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