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441  Economy / Economics / Re: How many bitcoin is enough? on: December 11, 2019, 02:13:33 AM
There is no definitive answer as people may have different goals about how much bitcoin to have in 2019 or we should change the target to collect in 2020.
Basically, BTC1 is my main goal, although it's not so easy to collect it, I've ever had it and many people did as well. However, due to many reasons, bitcoin and other forms of payments/money have to circulate, so we spend it and became less than BTC1.
For a beginner in the crypto sphere, aim for BTC0.1 is a good target, then BTC0.5 and finally BTC1, even if it takes 1 or 2 years for you to accumulate it, just set the goal and stick with it, you'll be there.
442  Bitcoin / Bitcoin Discussion / Re: What do you think of the current status of Bitcoin? on: December 10, 2019, 09:48:08 PM
There re several countries to be the first who legalize BTC. For examples, Ukraine  Wink

And hopefully there will be more counties like Ukraine in 2020. Anyways, even this question is too controversial. 

Ukraine’s Ministry working to legalize bitcoin and other cryptocurrencies and also provide tax code which may be ready by the end of the year.
Most countries around the world divided into 4 conditions;
- cryptocurrencies are banned and forbidden to use it.
- cryptocurrencies are not banned in the country, have no official status but citizens still can trade it.
- cryptocurrencies are not banned in the country, have an official status and regulated as commodities or assets and people must pay taxes for every profit they earn.
- cryptocurrencies are legal to use as a form of money such as in Japan.

We can expect more people aware of and adopt bitcoin without govs regulation, but it's something that has to happen sooner or later, then taxes will follow behind it.
443  Economy / Speculation / Re: Will Bitcoin reach $ 19k again before 2022? (poll inside) on: December 10, 2019, 09:44:21 AM
It's still a long way before 2022, and yes bitcoin has positively high percentage to reach $19K again, even if we talk bitcoin to reach $19K in 2020, it more likely to happen.
The cycle of bitcoin always repeated, one year after halving bitcoin will reach new ATH, so I assume bitcoin will surpass the last ATH in 2021.
444  Economy / Trading Discussion / Re: Where/how do you make TA? on: December 10, 2019, 06:41:01 AM
Everyone can learn the basics to make their own bitcoin TAs, most material already provided on the internet, books and trading groups.
You have to learn several weeks or months to have a comprehensive understanding regarding TAs due to many factors affect it; flag pennant, measured move up, symmetrical triangle, ascending scallop, 3 rising valleys, cup with handle, ascending triangle, trend analysis, fibonacci, cycles, trend lines, chart patterns, technical indicators, wave analysis, elliot wave, and so on. Then you can learn and create your own TAs on https://www.tradingview.com/

source
445  Economy / Speculation / Re: What is the bitcoin price prediction for 2020? on: December 09, 2019, 03:57:01 PM
No one guaranteed as an expert to predict accurately, it just pure of speculation based on TAs and the trend in the market, that's why everyone should do the research to collect more information and guess the price. I expect bitcoin to reach $20K at the best and only reach at least $15K in 2020. Too many people have predicted bitcoin will go bullish in 2020 and the trend is going the same way.
446  Economy / Economics / Re: Hi Excuse me Are currencies a "store of value on: December 09, 2019, 01:43:57 PM
Every fiat currency that affected by inflation loses its value over time which means do not store your wealth in those fiat currencies if you don't want its value is continuously decreasing. Some solid-form assets and investments are more reliable than fiats such as gold, land, properties, or any business that generates income.
How about bitcoin as a store of value? We know that the value of bitcoin continues to increase rather than lose its value in the long-term, considering the usability and acceptance in the future, bitcoin still has plenty of room to grow bigger, so at this point, bitcoin is a better way to store value than fiat currency.
447  Bitcoin / Bitcoin Discussion / Re: Deutsche Bank Research: Cryptocurrencies such as Bitcoin to Replace Fiat Currenc on: December 09, 2019, 12:08:03 PM
Yes, it will work that way if the government fails to manage fiat currency value due to the global recession that led to hyperinflation, or the government let people use cryptocurrency as a mean of payments on a daily basis like in Japan. However, bitcoin can't handle soo many transactions every second, waiting for confirmations and pay a higher fee, all these shortcomings must be resolved sooner or later. Another thing to consider is price volatility, too many whales that hold too much bitcoin.
448  Economy / Service Announcements / Re: The numbers are always right on: December 09, 2019, 05:48:52 AM
So many people have predicted in the same way as you were, nothing so special for paying money for information that we can gather freely.
The number could be predicted but there will always 2 different paths, whether it will rise up or fall, in this case, we cannot depend entirely on one person's perspective.
And I agree with this, just post it to service announcements.

I stopped reading when you posted your website and you want people to pay for your services. My advice is that you move this to the proper category since you are actually selling a service and not just providing some free speculation advice.
449  Economy / Speculation / Re: Bitgoin is going to moon 1.5.2021 it will hit 236K on: December 09, 2019, 12:00:07 AM
It's really crazy or you can call it nonsense at this point.
Considering bitcoin price growth in this month, we may see it end around $8K and the best at $10K if there is something significant affect the demand in the market by the end of the year. I expect bitcoin will reach $15K in the nex year and be able to reach the new ATH above $20k in 2021 but still below $50K.
No one knows what the future will brings, just wait and see what will happens, meanwhile, keep stockpiling bitcoin as much as you can.
450  Economy / Trading Discussion / Re: I am not lucky in trading - what am I doing wrong? on: December 08, 2019, 11:29:45 PM
For new traders often fall into a bull or bear trap without knowing what's the market heading to, in order to avoid such thing just need to watch others pro traders that sharing their TAs on several sites that easy to access, even in this forum there are such pieces of information.
For a start, trying to find information will be an important thing, then start with small funds to test the depth of the water. Do not try to trade on a daily basis or short-term, the last thing is patience to sell and buy at the right time according to information that you've gathered.
451  Bitcoin / Bitcoin Discussion / Re: I'm Thinking of Bitcoin Blockchain Accessible Without Internet on: December 08, 2019, 09:41:03 PM
This is one of the shortcomings of transactions using bitcoin, although an internet connection is not absolutely necessary as mentioned above by using blockstream satellite or radio waves, all you need to set the things up. Even if two parties transact using bitcoin without internet connection using physical bitcoin, the seller has to ensure that the coins really have bitcoin private key inside, which needs the internet.
452  Economy / Economics / Re: The Government-Backed Digital Dollar (USD) on: December 05, 2019, 02:18:13 PM
One thing to note is; money issued isn't by the government but central bank.
Although some are nationalized, many central banks are not government agencies, and so are often touted as being politically independent.
The critical feature of a central bank—distinguishing it from other banks—is its legal monopoly status, which gives it the privilege to issue bank notes and cash.

It's not an easy task to understand how all of it works which connected one and other things in the past after the world war, but basically the central bank is one of the kings in monetary policy which has proven detrimental to the economy due to high-interest rates and inflation. If they want to create digital fiat currency, probably hackers would be the biggest problem.

source
453  Economy / Speculation / Re: Wtf? All red on: December 05, 2019, 01:02:57 PM
It's a common thing in the market which altcoins following bitcoin price movement, if it rises up then altcoins more likely heading in the same direction.
But bitcoin seems green at the moment, the last time I saw it was $7200 and it's $7445 right now, slightly higher but probably can't break the resistance level.
However, it just the beginning of December, who knows if bitcoin will spike up within days or by the end of the year.
454  Bitcoin / Bitcoin Discussion / Re: After years in this space...I am now a BTC/ETH maximalist (Both are important) on: December 03, 2019, 03:52:19 AM
Ethereum is truly the loveable asset next to bitcoin, and it has the perfectly built infrastructure than any other altcoins.

Bitcoin cash seems more fit to stated next to bitcoin despite the market capitalization.
Ethereum is the platform for all of those ICOs, IEOs, SEOs, and DeFi but there are some flaws, like a centralized issue that 61.6% of ETH nodes run in centralized cloud services and almost 25% of eth nodes operated by Jeff Bezos’ behemoth company which make him the biggest stakeholder.
We know that people buying ethereum not because it's usability but they hope more people will buy ether from them at a higher price one day, but the fact is eth and all of altcoins price are following bitcoin steps to rise and fall.
455  Economy / Trading Discussion / Re: Problems in Bitcoin on: November 29, 2019, 01:59:48 AM
Trade isn't slavery it's a competition, everyone is free to get involved or not, that's your choice.
Fake volume, buy-sell walls, bots, high fees are the reasons why someone can choose to stay away from trading, no one forces you to do it.
Once again, it's not problems in bitcoin, but problems for traders, they know the risk hence they deal with it.
456  Economy / Economics / Re: From 2020, the sale and custody of Bitcoin will be allowed to all German banks on: November 28, 2019, 07:00:12 PM
If the government has spoken, then it's a goods sign for bitcoin acceptance, hopefully it would be accepted.
However, one thing to note is the EU commission decision, because; EU law is always above the national law of the member states and therefore Germany now has to submit to the fourth EU money laundering directive.
If they say "NO" to the German government, what's left to do? Something like Brexit? Gerxit Grin haha
457  Bitcoin / Bitcoin Discussion / Re: Why would one pay $7K for Bitcoin if he can get the same thing for $0.001? on: November 26, 2019, 06:43:20 PM
~
So trust in technology or network has nothing to do with the value of money itself and my question still stands: why would one pay $7,000 to have functions and features that he/she can have for $0.001?


What is this? I think you already know the answer but trying to lure people in your quiz?
Each one who has bought bitcoin for $7000 has their own reason "why", no one buys shitcoin for $0.001 because of its utility, it's all about profits.
But people who buy bitcoin have various reasons not just for profit, and you can't force people to agree with your opinion "why".
458  Economy / Speculation / Re: It's a BUY flag on: November 25, 2019, 05:08:57 PM
Seems bitcoin price has rebound or is it? I thought it will drop to $6000, we're more than happy to buy at discount time.
The current drop doesn't make sense considering what is coming next month and next year, but it's eventually a really good opportunity to buy bitcoin at a cheaper rate, so let it be. Don't miss the chance, yes it's the time to place your bet.
459  Economy / Speculation / Re: No need to PANIC! on: November 22, 2019, 02:26:04 PM
Indeed, I'm quite surprised to see that the price of bitcoin dropped below $7K, which means the prediction regarding bitcoin dip to $6K was right.
It's time to buy, not to sell, just enjoy the low tide and stockpiling bitcoin. If the price could drop to $6500 or $6000 will be a good chance, I've been waiting for a cheaper price to add more to my wallet. The right move to do before bitcoin skyrocket in the next year towards halving, don't let yourself fall to the panic-sell trap.
460  Bitcoin / Bitcoin Discussion / Re: According to the Ceo of coinbase 1 BTC can actually change your life. on: November 22, 2019, 12:52:59 PM
I think this is his exact words:

Quote
For better or worse, I do think owning one whole Bitcoin will increasingly become a big deal. Only 21M will ever be produced, and some people already own much more than one.

https://twitter.com/brian_armstrong/status/1165307728740270080

Obviously, for majority of bitcoin enthusiast we really think that eventually the price will go to the moon in the next coming years. But for no-coiner, it's hard to preach that because they don't understand what HOLDing means. Owning 1 BTC is not that hard, and newbies think that they have to invest 1 BTC quick. But for me the approach is that you should invest what you can afford to lose, maybe you can buy just a portion and in no time you could be a member of 1 BTC club.

That's the reason why bitcoin can't go to the moon, some people have too much, they are the whales who can manipulate bitcoin price whenever it rise.
BTC1 equal to $7461 at current price will reach probably $100K in the next few years, but who have the patience to buy and wait for such a long time while ignore all the temptation whenever the price spike up?
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