Bitcoin Forum
July 15, 2024, 10:16:05 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 [23] 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 »
441  Economy / Economics / Re: If the stocks market will crash again like 2008, what will happen to bitcoin on: November 04, 2018, 11:34:14 AM
If the stocks market will crash again like 2008, what will happen to bitcoin?
I personally think that people will take their money out and will invest it somewhere else.

Do you think that bitcoin will be a good alternative?
I don't think that it will have a huge impact on crypto, but investors will be looking for some other options to invest in so maybe they will choose crypto.
442  Economy / Trading Discussion / Re: Do You Need To Put Your Emotion in Trading ? on: November 03, 2018, 11:38:57 AM

"There are two schools:
1. People want to eliminate emotions in the trading. He is practicing emotional limitation in a particular environment. Extend the mind both in depth (towards emotional elimination) and width (to the environment other than trading).
2. People want to control emotions. Work with him must have both greed and fear to progress. "
This is exactly the 2 schools to deal with trading psychology. I would like to analyze a little difference between these two schools.

Eliminate emotions

This is a group of trader that emotion is the problem, to kill the problem to kill the original is to remove emotions from the trading process. They learn how to keep the emotional impact to a minimum. And to put the mental state in the mind and consciousness.


Some ways to eliminate emotion are to look at the issue in a different way in order to separate emotions from the psyche. Or whenever the emotion signals out of control, the trader immediately distracts himself to avoid consequences.

Put another way, getting rid of emotion is making the robot look as good as possible. The ultimate goal of this school is to promote the power of reason and to reject emotion.

Emotional control

In contrast to the above, some other traders said that should not seek to eliminate emotions. May be because it is not necessary, or can not be eliminated. So one must choose one way to live and control emotions.

With this school, you will apply the transition, the emotional direction to beneficial goals such as using stress to increase concentration, turning heart to aspire to success, turning the fear of losing money into spirit the law,...

These traders "use" emotions instead of removing emotions. Because they believe that emotions create new motivation for success.

For you, which school is better suited?

I do not discuss the correctness of the two schools. I just put up an open question for you. What school do you follow? How will you do it? How is the effect? Share your experience, your opinion about these two schools?



Of course you do. We all need some little emotions to put on our tradings because if you don't then that would be impossible. Example, you need to put some little fear in order for you not to over trade something.
443  Economy / Economics / Re: Trading Basics : How to trade cryptocurrencies on: November 03, 2018, 10:36:35 AM
I know it's `1 of the 100 courses available online but still I felt I can add some extra value concerning the others on Bitcoin trading.
Just finished the first course and looking for feedback in the process.
Next course will be posted in the coming days

Trading classes here : https://theblockchaintoday.com/trading-university/

Available : The Fundamentals of Trading Cryptocurrency

This is great. I would like to start this right away and hope to get a lot of information about trading and would enhance my trading skills.
444  Other / Beginners & Help / Re: heeelp! where are the coins? on: November 03, 2018, 10:02:08 AM
hello, i transferred an amount to an bitcoin adress

im new to bc and so i transferred exaclty the amount to pay
transaction tooks very long (about half day). then i realized there are not enough funds. i chganged the euro down (it was stupid... to pay the fees)

so i put some more funds to the wallet. transaction was now "moving"
now transaction is done and confirmed over 80 times.


reviever says there are no funds on his coinbase. he also send me screenshots. can you please check? what can happen here?
BTC tx 7f15544a18e5d8e9b6d130a6b63a2c6e33552549f17437eb6c9f1d9a7f0c715d

amount was not less. please help e


i was using electrum wallet, which was a stupid idea Sad



Maybe you're just having a delay with your transaction or you have a incorrect set of address that you sent to. But I guess you need to read more on what you are doing in order to avoid mistakes.
445  Economy / Trading Discussion / Re: Combine stoploss and take profit on binance. on: November 02, 2018, 10:01:01 AM
Does anyone know how i can manage to have a stoploss and take profit on 1 position at the same time on binance.

If i am in a position i would like to set a stoploss to get out of the position if the reason of my trade is not valid any more and at the same time i want to make sure to get out of the osition if my target price is reached.

I can only manage to do 1 of these options, so i am at risk to become a bag holder if i only have a sell order for taking profit or i have the risk of the price touching my target price without having a sell order open for taking profit because i only have an open stoploss order to cover losses.

Please help me out here, is what i want even possible on binance? Can i do this using a 3rd party trading app (if so, which one). Or do i just need to wait on CZ for fixing this?

Just find a good coin and try to trade and leave it for a while and putting a stop-loss, If your stop loss hits then let it go and find another trade and do the same until you win a trade.
446  Economy / Economics / Re: Please, we should not totally eliminate fiat currency on: November 02, 2018, 09:32:49 AM
From what I have seen so far in this forum and other crypto platforms, most of us want fiat eliminated. But let us not forget that there are still situations whereby we can't use crypto except fiat like in rural places without computers or even internet facilities.

Of course, we can't do that for now because everybody is still using FIAT and those people who are saying that we should eliminate it because they just want their coin to pump and get a lot of money from it. Greed talks here.
447  Bitcoin / Bitcoin Discussion / Re: Banks are maintaining dependence on: November 02, 2018, 08:41:07 AM
https://www.coindesk.com/new-bank-of-america-patent-hints-at-plan-to-store-cryptocurrency-keys/

"Bank of America was awarded a patent for a device that stores cryptographic keys and the document's details hint at applications for cryptocurrencies.

In a patent awarded Tuesday by the U.S. Patent and Trademark Office, the bank outlines a "hardened storage device" for storing private keys – such as those used for blockchain platforms – explaining that, at present, most keys are stored locally protected by nothing more than a password."

Would this make banks responsible for uncontrollable losses? This will be great for adoption and hints at a future where banks essentially regulate smooth digital transactions and keep them secure.

That would be great because for the mean time people doesn't know about crypto but I know that someday people will eventually use crypto and will find a way to store them and it would probably banks.
448  Economy / Trading Discussion / Re: It’s very easy to trade Bitcoin on: November 01, 2018, 09:59:02 AM
Hi all,

The Blockchain is the world's leading trading system. It’s a global online database, no need to download, no need to copy and sending anywhere. It can use at any computer in the world with an internet connection.

The Blockchain trading system can trade any instrument, any market and at any platform. It’s a low drawdown and steady profit trading system.

I have 1 closed trade + $954 and 2 open trades now without any risk but +2.7k (2.7%) floating profit.

I am waiting for adding more trade now if it doesn’t hit SL.

Am I lucky or it’s very easy to trade Bitcoin with the Blockchain system?

It is easy enough if you were able to be patient if things doesn't go in your way and will wait a good opportunity to take a good trade.
449  Economy / Economics / Re: Fiat Currency Always Fails on: November 01, 2018, 09:08:05 AM
See:

There Is No Escaping History.  Fiat Currency Eventually Fails.

Notice that this is a critique of fiat money -- not a critique of state-issued money under a gold/silver or other standard.  Fiat money is a rare occurrence in modern history.  (We live in strange times!)  As we can see, the examples found by the author are a small number of short periods here and there.

I have my own critique of gold/silver standards, but that's another issue.

It will fail and also crypto somehow will fail sometimes. Everything in not that perfect and would have some faults, so be wary of the things you want to say, because today, you are still using FIAT.
450  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not to banned or rejected on: November 01, 2018, 08:23:42 AM
There are various reasons and risks from Cryptocurrency including:
1. As in the form of digital assets, it is easily misused for financial system crimes such as money laundering.
2. The absence of a clear system, makes cryptocurrency vulnerable to malfunctions that ultimately harm users.
3. Crypto assets have the potential for financial crime (fraud), security violations and operating failures.

       For this reason Cryptocurrency cannot be legally accepted and even banned in some countries. All definitely have strong and wise reasons such for the safety and comfort of the user in the country. Therefore, I think it is time for stakeholders in various countries, especially in countries whereas crypto-capitalexchanges trading ecosystems is high, must think about creating and compiling clear regulations related to cryptocurrency to prevent future potential problems. Because we know Cryptocurrency has become an unavoidable necessity and Crypto is not for us to avoid but must be seen as a potential for benefit and global progress.

       Besides of the regulation of Cryptocurrency itself, the main problem is to prevent and avoid irresponsible individuals who have the potential to do other bitcoin or crypto washing, or theft of Cryptocurrency.

I question my self that do we can be free or stay away from fraud?


Bitcoin is not totally ban though, but there are certain countries that bans it from using crypto (if they catch you). Still you can go and  use it just don't be caught.
451  Economy / Trading Discussion / Re: Fundamental issues that will create bull run again! on: October 31, 2018, 08:34:16 AM
I don't know how you see this good news but I have been analyzing it since yesterday and I think we should pay attention to it.  Institutional investors are going to come into cryptocurrencies market with full force in some days and weeks to come.  To hold your bitcoin and others altcoins at this current uncertainty time is the right thing to do and if you have risked capital I will said it is wise to buy more. The news and its analysis is here http://cryptocoinjunky.com/why-the-worlds-largest-brokerage-made-the-decision-to-fully-integrate-crypto-after-1-year/. The pattern has been set and bitcoin may not go down beyond the current level.  Please note this is a personal views and not advice for you to make investments decision.

That would be nice. But I really think that manipulators are waiting for some investors to turn their backs on crypto before they start to make the prices up again.
452  Other / Beginners & Help / Re: What do you do with bounty earnings? on: October 31, 2018, 07:50:48 AM
Bounty hunters are being paid project's token for the efforts of promoting their project. Some hunters immediately dump their tokens once it hit exchanges. Some of them actually hold the tokens because they believe in that project and the roadmap. Optimistic, they wait for sucess and the time it will hit moon. Others may actually exchange that token for another.
From your experiences, where do you usually allocate your bounty earnings?

If I get lucky enough for a bounty program to pay me with a good chance of getting a lot of money from it then I would make it as my capital for trading.
453  Economy / Trading Discussion / Re: How to Trade cryptocurrencies comfortably with profit on: October 30, 2018, 11:07:53 AM
Many have asked 'is it possible to trade cryptocurrency comfortably and still make profit?' The answer could be yes, though it depends on many factors.

First, your success in cryptocurrency trading has a lot to do with your emotional state, because under anxiety you are bound to make huge loss instead of any profit so you need to first make sure your mind is stable and that whatever condition the market goes to does not affect you emotionally, because trading goes sideways at sometimes. Get your mind use to to the fact that there will always be fluctuations in prices and decide to sell only when you are at profit.

If you really want to trade crypto and want to have many profits then you should try to trade Bitcoin only because every coin depends on Bitcoin's moves.
454  Economy / Economics / Re: Cryptocurrency - future? on: October 30, 2018, 10:26:05 AM
What do you think will happen with the cryptocurrency in the future?

I think crypto currency will be still there but I guess Governments will decide to make their own digital currency for their own country and so on for the others as well.
455  Economy / Trading Discussion / Re: Which way is best risk free profit for you in crypto world? on: October 29, 2018, 06:57:20 AM
We know that four way to cryptocurrency income such as Invest ico, mining, trading and Airdrop-bounty. If you wish, you can do any of that.

If you want to mining or invest in ico and need a lot of money, it has cost-effective risks and have also profits. And if you want to do trading then you can start trading only if you have some money. Here's a little less risk and have also profit.

If you do not want to take a risk then you can start the bounty. There is no risk here only you will have to work on time and you will get your payment at the end of the job. As a payment, you can get cryptocurrency and convert them into meaning by selling them. So, I think Bounty and airdrop is very good for earning risk-free cryptocurrency profit.

You don't need to be in a crypto world if you are not so aware of "risk". In fact, all things in this world have risk and it is up to you to handle it.
456  Economy / Economics / Re: Bitcoin as a Currency on: October 29, 2018, 05:31:16 AM
Bitcoin is often referred to as a currency. And the general name 'cryptocurrency' giving to all digital assets presents them as currencies although having a deeper meaning, hence cryptic currencies

A currency is an object generally accepted in a certain region as a means of payment. Asides the Euro which is used by different countries, each state usually has its own accepted currencies.

Where do currencies get their value?

Currencies are legal tenders stipulated by governments of each nations. And there are financial institutions, usually banks which decides the value a currency has. This could be bank notes, coins, mobile money or codes on a debit card, these can all be classified as fiat money.

There is also Commodity Money. This includes commodities like, gold, silver, diamonds, coal, salt or any commodity which has a value based in its qualities and applications.
Unlike fiat money, these has intrinsic value and are not supported or directly controlled by any financial institution which dictates it's price.

So, is bitcoin classified as fiat money or commodity money?

The above question is better asked as, is bitcoin a currency whose value is determined by what people take it to be or is it based on its intrinsic value and practical applications.
I would say it is a little of both.
Bitcoin is a decentralized protocol with no central control system or official institution which would regulate and determine it's price. Although the bitcoin core and miners pool have a certain level of influence and control on its value. But the community can equally and more effectively affect it's value through demand and supply.

Bitcoin is also a digital asset built on a technology (blockchain) it is borderless and transactions are cheap. And it's value which seems to be consolidating with time, makes it an investment option as well.

What are the limitations of bitcoin?

Bitcoin as a payment option faces a huge problems in government restrictions, adoption limitations and scalability.
With its tps being in the range of 3.3 to 7 transactions per second it can hardly compete with government controlled forms of transactions like VISA with an average of 47,000 tps.
But bitcoin was not created to compete but rather serve as an alternative to fiat currencies (and maybe commodity money also) and give users total control over their assets. Though with such a growing community there has been lots of suggestions on how to tackle the scale limitations. And many propositions this far, such as hardforks and  Segregated witness, popularly called segwit https://en.bitcoinwiki.org/wiki/Amp/Segregated_Witness
Bitcoin Cash which was launched last year increased a blocksize to 7MB. T here is still yet to be a consensus to approve Segwit.

Truly is Bitcoin is a currency, but for now, I doubt that it can be use as a payment method for us to buy anything we want just because of its volatility.
457  Bitcoin / Bitcoin Discussion / Re: does bitcoin look scary / deadly for the future ...? on: October 29, 2018, 04:56:56 AM
Do you all have time to think about the future of our children and grandchildren in the future about the economy ...? if we see bitcoin in the present, it's already very busy talking about it some argue negatively and some argue positively Will in the future be the subject of conversation at the dining table for our grandchildren later ...?
 Huh Huh Huh

Yes, I think Bitcoin will be scary someday somehow because people will eagerly get Bitcoin from other people if it turns to be so expensive.
458  Economy / Trading Discussion / Re: Types of charts & order book on: October 28, 2018, 06:01:05 PM
This order book has red lines and green lines how is that calculated ?

It's the amount from the total, on both sides.
It's usually grouped by a number of decimals, but in your image the total column is already grouped at 2 decimals, so in your case it's simply the total.

Thanks man! This surely help me understanding all about this more. Someone this could make a great help on my tradings because there is a sign on whether what could be my next move in trading.
459  Economy / Economics / Re: 2018 the year of correction? on: October 28, 2018, 03:11:16 PM
As we witnessed a bearish year which lasted longer than the prediction and some people was it was the bad year for crypto but i feel it was a the year of correction as the value of crypto were overachieved at the end of 2017. Hence we are having a correction period to what the real value should had been? Kindly share your opinion.

Almost everybody is predicting that this year will be starting a bull run again, and that is why big manipulators doesn't want you people to be with that so they will try to make you wait until everybody losses hope and get out of the market.
460  Economy / Trading Discussion / Re: how to play fast on trading ? on: October 27, 2018, 11:53:24 AM
can you explain this description (how to play fast in trading).?
because I am still a beginner (newbie) and want to learn from your experience all.
thx  Smiley

Are you out of your mind? You are still a beginner and you want to do all of it fast? You should take it slow and try to learn anything from your past trades and I know you will lose a lot before you can be a successful trader.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 [23] 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!