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4621  Alternate cryptocurrencies / Speculation (Altcoins) / Re: XRP - Buy in or Bail out? on: January 21, 2021, 04:28:52 AM
It's going back again to the previous position. The bullish trend of bitcoin has been making the whales try to pump XRP but the result will be the same as the price is going down again and again.
People should not try to throw their money into the coins like XRP.
This coin must be bailed out. It's not worth to take the coin that is still being accused by the regulators as investment. It's too risky.

xrp has experienced it repeatedly, it seems like there is no change made by management to change immediately so that xrp development can run. although many do not like it but I try a little of the possibility that is luck. Maybe there are more people who sell management to make wise steps and can change, that's my hope who bought it.
You can't make money without risking things. I wouldn't even consider buying XRP right now, I never owned any and I do not want to have it anymore neither and probably will never have it. However one thing is for sure, right now they are in a bad situation and that means we are going to see a lot more risk going into XRP as well. That means if we are going to end up with this type of situation, price will always be low and stay low.

HOWEVER one thing is reward promising, if Ripple handles this and comes out without any scar, that means they are going to be increasing the price and going in now with the hopes that Ripple will be fine? That is going to be fine and that is going to be the most awesome thing because you are going to be winning. Sure there is a situation where XRP can just stay like this, but if it does get out, you are going to earn a lot.
4622  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum just broke an ATH price on: January 20, 2021, 07:03:09 PM
Technically speaking it didn't really broke the ATH price by the biggest places, in biggest places like binane and coinbase the price peaked at around 1421 and the ATH was 1446 so it wasn't there just yet, with 20 more dollars to go. Basically there were some places that took it higher and we could even consider it broken if we want to but the reality is that price is now down to 1300 levels so it is not really that bad looking at this second.

Surely you could always focus on getting it better, you could assume that since it broke it once, we are going to break again and it will be like the 20k period in bitcoin where we go to 3k for ethereum. I am not saying that will happen but I say I understand people who think that will happen and it may happen. However at the end of the day we are looking into something much bigger than that, we are looking into beating a 3 year bear run, and that is very important.
4623  Economy / Speculation / Re: Strong support with massive volume is developing... on: January 20, 2021, 06:20:52 PM
Simple but good analysis IMHO. $50k isn't that far from where we are today. The fact that it had peaked at $42k, and if there will be another bounce back, it will get close to the target price that you've given.
@iamwithyou, do you plan to sell if bitcoin gets to $50k or close to it?

I am not selling bitcoin no matter what. I have learnt from my past mistakes. I bought at 21000$, may be at 50000$ I will sell 20% but I am not going out.
I agree that this is a good decision, selling right now would be a bad decision because we are not going down right now, we are still doing good. Normally people ask if they should sell without giving numbers so I can't talk about it that much, but since you said that you bought at 21k I can talk about that.

If you have bought at 21k that means until it is 21k you are not going to lose money, which means you could consider that as a place where you could end up still selling. So do this, wait until it goes back to 21k, and sell it there if you have, if the price never reaches there, and goes to 100k+ or something, you could get out and use that money.

Secondly, if you have invested let's say 10k dollars, and your bitcoin worths 30k one day, sell the 10k and keep the 20k and you will be capable of waiting forever because all of that is profit and none of that is your money.
4624  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Best DEX's for Trading Alts: Please Recommend on: January 20, 2021, 06:18:17 AM
I would say stay away from uniswap because it is incredibly expensive. I literally have 20 USDT on metamask that I can't send anywhere, right now it is about 5 to 10 dollars to send that money and we are talking about just the money we have to send, it is my money but I can't move it around because it is on erc20 and that is really screwed up. If you use places like uniswap or similar, you are going to spend a lot of money to just move it around.

If you really want DEX that means it has to be on tokens based on a chain, so you have to decide on which tokens you want to trade on, and if you can trade on a decent chain that is fine but it is not easy. I picked BSC because even at the most expensive move its 2 dollars, usually thinks costs under 1 dollars as well, so I am very fine about it. Why would I spend 10 dollars on moving money around when I can do it for 1 dollars?
4625  Economy / Speculation / Re: Strong support with massive volume is developing... on: January 20, 2021, 03:25:33 AM
We have seen time after time again that when there is a safe support or resistance that looks very hard to break, we have done that many times over. What people do not realize is that supports and resistances are for regular days, days when price doesn't move too much, days when it is just realistic and nothing more.

However in reality bitcoin doesn't act like that every single day, there are days when it goes 50% higher, or 20% lower and it doesn't care about any support or resistance on its path at all. What happens however is that these support and resistance lines do help people imagine what could happen with these lines on a regular day so you can just assume unless something major happens those are the lines.
4626  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Binance not paying competition winners. on: January 19, 2021, 05:55:42 PM
^ Yeah, that is a common thing. Usually binance says "some" people will be paid for some things and they say 3 weeks later yet they do not. I was owed AVAX for example, they said the same thing it will be there in 3 weeks, I got nothing at all. So long story short, there is really nothing worth about the binance competitions that attracts me anymore, I know they are not going to pay.

I have joined Q&A with useless worthless token creators, I have asked questions that I didn't even want to know the answer of because obviously the creator was an idiot, and I have replied questions and filled forms and answered quiz multiple times, I did these many times, never received payment just once. You know why they can do this without any trouble at all? Because they are the biggest and we are just small nobodies, so they can do it and they can get away with it and NOTHING will happen to them.
4627  Alternate cryptocurrencies / Altcoin Discussion / Re: How much is the handling fee for Ethernet?High or low compared to bitcoin? on: January 19, 2021, 04:14:28 PM
Unfortunately what makes ETH great is also the reason why it has a huge amount of fee and why it is not as fast as it used to be. Since ETH decided that it wants to be known for the blockchain improvements and since it allowed a lot of new projects to be on it, and back in the day it started with ICO craze and now goes on with the defi which made it not just one time thing but a constant thing? People use ethereum chain a ton and obviously that means fee got higher and higher.

I am not saying it would be impossible for ethereum to be cheaper again, there could be some developments and it could get cheaper, they are working on some new thing for example that will remove fee earning from miners, but it is totally understandable for a chain that was used so much to not be free neither, if you put ANY token that high usage, it will go up in price as well.
4628  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 🔥 What is the best DeFi project to invest in 2021? 🔥 on: January 19, 2021, 03:33:55 PM
I still want to say Cake and Uni. Uni is not making you money just yet, it is going to take a while before it starts to profit you by just holding it, that is the bad part, but when governance allows people to take a cut from the LP commission, even if it is only 0.03% or something, that would be great and people will start to earn so much.

However Cake is not like that, it is already giving you profit, having cake means you have a million ways you could make a profit and some of them are really profitable, which is why I think it is vital that people take advantage of all of them instead of purely just holding cake and waiting, you should try to make as much cake as you can from it because others are doing it already. Those two will definitely be great swaps and their tokens will definitely worth a lot in the future, there is an unlimited potential for both of them.
4629  Alternate cryptocurrencies / Speculation (Altcoins) / Re: NANO coin - why is it not hyped? on: January 19, 2021, 02:51:07 PM
To tackle the questions one by one, if you think having zero tx fee's equal spam attacks that can't be beaten, you must not know blockchain development in the past 2 years that much, we have figured that out long time ago, if it is still failing one day, that means it must be either a huge attack and there is really no gain from it, or it was a bad blockchain to begin with.

Secondly, just because something is scalable and fast doesn't mean it has to be high price, why would people buy nano in millions just because it is fast and can scale? People need more reasons. And yes the team is a bit bad on marketing that is for sure but that is not even it, in 2017 this was the most talked coin behind bitcoin and ethereum, but failed to take advantage of that, even marketing was great and everybody knew it, but still didn't go up too high. I guess people just don't see a reason to buy it, just because it has a good blockchain doesn't mean it worths to buy some.
4630  Economy / Speculation / Re: Bitcoin will reach 100K! OK and then? on: January 19, 2021, 09:37:25 AM
I think we will never see Bitcoin stable at one price, but with time and the price rise there will be less volatility. In last month Bitcoin was over $40k, went to $32k, now it's $36k... it can drop or rise for +10%, and that can be a lot! I believe when Bitcoin hit's some very high price one day, changes will be under 1%...
And of course we can always try to spend some coins, maybe with the price rise we can expect many countries to adopt it and we to be able to use coins wherever we want. Traders will trade if there's volatility, holders will hold anyway, I guess spending some from time to time is good, so there're tree choices of what can someone do when Bitcoin hits 6 digits, or 7 one day!
Bitcoin can "stay" stable for a while, but that is usually not for too long. Just to give an example, during august and September if I am not wrong it was basically 10k all around, it was around 10-12k range and never moved, and we are talking about over 60 days or so not playing that much.

However the funny part is, from 10k to 9k that is 10% change, from 40k to 36k that is 10% change, so people saw 40k to 36k as a HUGE thing, and you did too, but back in the day when it was simply 10k to 9k nobody really cared all that much, there was none who assumed it will crash and burn just because of that. So I believe as long as a drop is under 20% that is fine, going from 40k to 32k is fine, there is really nothing to worry about there. Obviously we are moving a lot up and down but about 10-20% range is nothing new for bitcoin, it always moved up and down that much.
4631  Economy / Speculation / Re: Tether on: January 19, 2021, 08:11:05 AM
So I think even if FUD, the tether story has sufficient noise in the net to affect the price.

I had been expecting tether to die a few years ago. The fact that it hasn't is plus in my book that tether is legit.
There is still time for that, the authorities will scrutinize the entire market in the next 5 years and it is inevitable, if i am not wrong investigation regarding Tether is going on and i am sure they will be audited and then we will get a clear picture about how they are minting billions worth of coins whenever the price of bitcoin starts rallying. 
What the authorities are "investigating" is not the market, it is the companies. What the crypto people are afraid of right now is the fact that their crypto will be investigated and regulated and all but that is not happening, not going to happen neither. What happened was XRP which is a token was free and nobody cared about it, the Ripple company however? That was investigated, same with tether, the USDT was fine nobody cared about that, but Tether company? That was investigated.

Since bitcoin doesn't have a company like that behind it, we can safely assume that it is going to be fine and you do not have to worry about it. Those are the difference, check a token or a coin you want to buy and if you see there is an organization or a company behind it then you should stay away from them, if there is none then you can be fine about it as well.
4632  Economy / Speculation / Re: 50K on the way and I am Still Alive on: January 18, 2021, 06:08:32 PM
I don't think we see a lot of panic since actually the one I see right now is minimal damage due to that incident and the only one affected with the correction are the people who just newly came to the market since they think they can earn a fast cash with the bull run.

Also many think about bitcoin would never reach or close to impossible and the doubts has been replenished when it reach to 40k so for now we could assume that the $50k speculated is possible to reached and $10k + is not so big to achieve that's why we can really say that it's so possible that $50k  might be hit this year.
The "failed to drop" part of bitcoin makes people hopeful about it and thats going to help us go to 50k for sure. The real reason why bitcoin goes up is that people buy it, as long as people buy in bunches and not sell the price of bitcoin will keep on going higher. So if increasing price is caused by buying, what makes people buy? Well hope, hope that you can make a lot of money will make people end up buying, and that means if we want to make sure people buy, we should show them they can profit from it.

And what better way to tell people they can profit from something by showing that even after so many drops and corrections we declined to fall in price? That is why I honestly think it is quite important that we should realize price is about to increase to 50k, not because it should, but because it can't go down and not going to stay at 40k forever neither.
4633  Economy / Economics / Re: The recent rise in prices, temporary or more long term? on: January 18, 2021, 04:01:18 PM
It is fundamentally wrong that things go up and down constantly without any change at all. It is obvious that you could have up and down type of changes, but the reality is that you could also have a slowly gradual increase for a very long time, or even have some sort of stable price for a very long time as well. So, I am not saying bitcoin will not crash, it could still crash, but the reality is that people act as if that is the only option.

I personally think at around $50k levels we are going to get stuck and not move, that looks like a possible thing, and by around that price we will build support levels and resistance levels and we are going to go up and down between the support and resistance level for a very long time, not because we can't break it, as proven otherwise we can break any level, but more like we wouldn't want to and just stay there.
4634  Economy / Economics / Re: Warren Buffett & "Rat Poison" on: January 18, 2021, 03:21:15 PM
Honestly at 90 years old, what do you expect from him? Dude was born in 1930, by comparison the world war 2 happened when he was a teenager, at 15 years old, nearly old enough to join it himself as well. Dude grew up in one of the worse periods of humanity, his father was a very rich man with a lot of money to spare, he started his career with 100k from his family to start investing and never had a troubled life ever, dude even drinks coca cola everyday and eats candy and french fries and still managed to live until 90, so we can safely assume he is one of the luckiest people in the world ever in history.

This doesn't discredit the fact that he is probably the greatest investor ever, rarely ever lost money and always had a sustained profit for decades, but when you are that good and everything goes great, why even try to learn about new things like bitcoin when you are 90?
4635  Economy / Economics / Re: Summary of Evidence of Covid as Engineered Financial Reset on: January 18, 2021, 08:41:39 AM
This has been a talk for over a year now I think, people has talked about how the virus was "manufactured" but the reality is that, that doesn't change anything in reality. Let's assume that it was manufactured, there was an evil reason behind it, does that change the fact that we should all wear masks? It doesn't, does that change the fact that we should have space between each person so we do not spread it? No it doesn't, does it change that we are all living in a world that is limited now and looks unnatural? No it doesn't.

Basically "knowing" if it is manufactured or not will not change anything. At the end of the day we are going to go over this and we are going to go back to how the world was and we just need to be careful until it happens, and why it happened will not change anything at all.
4636  Economy / Speculation / Re: Do you think that a new ATH is coming or a crash? on: January 18, 2021, 03:48:49 AM
"ATH" is not really that shocking anymore because we are very close to new ATH everyday. When we were at 7k or 10k and asking if we would ever break over 20k was really a question about ATH because that looked very hard to achieve. Price has been between 35k-40k levels for nearly 3 weeks by now, and that is why I think it is not that shocking to have any issues with the ATH now, we could become 45k in a week and nobody would be surprised by that.


However the question is, could we have both of them? Could we reach to 45k 50k or even higher levels, and then drop? And if we end up with a crash, how long will it drop? I mean it could be 50k and drop to 30k and that would be a crash, or it could be 80k one day and drop to 50k and that would be a crash too, or maybe it will just be 45k and crash to 10k? That would be a serious crash. So question is not "will it be ath or crash" it will there be a crash and how low it will be?
4637  Economy / Economics / Re: Bitcoin - Institutional Investments in 2020 and beyond on: January 17, 2021, 06:17:33 PM
They are smarter and also richer as well which allows them to wait a lot longer. A regular person who has invested 40 thousand dollars of his own money, when he has 50 thousand dollars on his savings account, sees bitcoin going towards 32 thousand dollars and he might panic and sell his coins to get out before he losses more money, that is how people think when they do not have too much money and act emotionally with their money.

However a huge company go into bitcoin, spend tens of millions of dollars on buying bitcoin, still has hundreds of millions of dollars aside, losing few million dollars due to drop is nothing to them, it is literally just bonus money for some executives, nothing major for them which allows them to wait it out and see the price go back up again and not act emotionally during any fall. That is why they are going to get richer from crypto and they know it, and it is spreading among the big companies.
4638  Economy / Economics / Re: Vaccination Started in India | Impact over Indian Economy & World? on: January 17, 2021, 05:17:31 PM
Vaccination started in many places, it is not obviously that easy to say whats going to happen but this is a right step forward. I have seen vaccination starting in at least 11 nations so far I know of, there are probably more that I haven't heard about, this is going to be tough.

First of all wherever nations can get their hands on vaccination, they will do so and get the vaccination to make it better for the nation, they will apply it to everyone they can, hopefully every single human in that nation if they can do so, it will obviously take a long long time but it will eventually happen, but even with that taking time and still not recovering fully and will be a while, we are going to also have nations that "refuses to believe covid is real" by the politicians, and that is going to be even harder, Brazil as far as I know refused but still took the vaccination from china so let's see if everyone does that.
4639  Economy / Speculation / Re: You saw the BTC price WOULD YOU BUY!?............ on: January 17, 2021, 04:01:47 PM
You saw the BTC price this month increase, would you buy it and hold it for a long time? been hesitating when I want to buy  BTC today but before that.
I want to read opinions from you all if it is okay?
Yes I will buy since I would like to trade it while the market is so fast moving and no I can't afford to hold it since I cannot actually take the risk to hold for so long since I don't know what the future brings and we are at the peak yet so its dangerous to buy at ATH and hold it for quite long time. So better wait if there's a big dump coming since that is the time or shall we say best time to buy and hold our bought bitcoins.
That's the logic behind the increasing price of bitcoin at even high levels as well. People realized long time ago that bitcoin could go down, but it will always go up, which means either you buy right now and make a profit very quickly, or you buy now but make profit a bit later, even if it takes 3 years to get back to this price you could simply just keep buying at lower levels and drop your averages and make a profit. That is why I assume that people do not really care about what is going to happen with their investment in the short term since the long term is always profitable.

Hence right now we do not see a fall ironically because people buy thinking short term is not important and long term is the real deal and since the short term was not cared it became a bull as well. That is how everyone is approaching bitcoin as of right now and even alts as we can see.
4640  Economy / Service Discussion / Re: Conflicting data on Coingecko, why? on: January 17, 2021, 06:22:11 AM
I think there is also exchanges in other things, uniswap and all are exchanges too, so it constantly changes, and some exchanges gets delisteed all the time as well, combine all of that together and you end up with the differences. I think it is not really that important, doesn't matter how many exchanges there are after probably the first 100, because others are just focusing on the lower coins to get customers.

We all know those places, that list very very low coins, like not even 3 bitcoin per day volume type of coins, even the ones that get like 50-200 dollars per day volume coins, they are all listed somewhere. And those exchanges should not be listed neither on coingecko nor coinmarketcap, but unfortunately that is one part of crypto world so it gets listed. At the end of the day we are talking about crypto here and these differences are totally expected.
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