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481  Economy / Trading Discussion / Re: Do Telegram Singal groups work? on: October 16, 2018, 12:42:49 PM
I understand how that feels specially if you are not quite familiar with the chart patterns. I actually don't rely to any trading groups or follow their signals because there is always a huge possibility that they are only using you for their own benefits. Their signals could be seductive but you better do your own research first before following the instructions. I always check tradingview.com before I trade and check their opinions because I found this very helpful.
To understand and discuss if the signal groups work or not you first have to understand what signal groups are. If you mean signal groups that are made personally than you have to understand there are personally motives for suggestion a coin and a person telling this coin will go up and that going will go up will always have a personal reasoning behind it that will never return a value for the coin itself and doesn't mean anything to the market in general as well.

However if it is a computerized version of a signal group that suggest coins depending on the indicators provided to some sort of bot that gives suggestions when a coin hits those perimeters in the bot than there is at least a chance that market also sees that the coin is at a good indicator to go up at that moment, it is still not given and definite to go up but at least others outside of that group can see it too.
482  Economy / Economics / Re: Whether Getting Married At a Young Age Can Lead To Poverty And Make Poor Economy on: October 16, 2018, 12:08:16 PM
For me, getting married at a young age will not make the Economy to be poor. I have never heard any studies that will justify this statement. I met a lot of young couples who had been successful in their lives. so I totally disagree with this.
That is just one thing! As all these things depends on the two people and how they are able to come together to grow in their lives. You can be old, wretched, married and still become a liability at the end, and you can be young, vibrant, and well to do for yourself, so it is not really about the age or when you get married, as long as you are matured enough, you can take care of a family to some pretty good extent and you both can do great for yourself, I do not see a problem in marrying young at all. Economic problem is basically rooted from the country's leadership most of the time.
483  Economy / Economics / Re: Can Bitcoin even work in our current system? on: October 16, 2018, 11:11:38 AM
But with bitcoin you can't loan money that doesn't exist.

Bitcoin will never replace FIAT. They'll coexist. If bitcoin will be deemed as the only currency that we can use then lending is possible. People will always try to find ways to lend out money. How can we use bitcoin as a mode of payment if it doesn't exist?
I actually do not see that happening either. We are talking about the decentralized space here and everyone abandoning fiat and then the government doing nothing about it, it cannot work that way.

Even if we peradventure, get it to work and maybe in a way we have a large set of people all over the world making good use of it, I still do not see how fiat would still not be in existence, as there would be some fractions in the world that would not even have access to this and possibly they may just want to stick with the usage of fiat and all the other opportunities they may get from it, and with that I believe bitcoin would just be another alternative way to spend.
484  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Reasons why one should invest in bitcoin now? on: October 16, 2018, 10:37:30 AM
the reason is one is something which is accessible to most people and lately its price is less stable
Everything is accessible to everyone as long as they are willing to get it. What has limited a lot of people in making the right decisions is because they lack the proper knowledge to make those decisions and that would always tell on their actions most of the time. Anyone who is smart now will consider a move from 19800 to 6000 thereabout a pretty good bargain to be going long on the market.

However, the same way people get greedy on the way up is the same way people can get greedy on the way down by trying to look for perfect price until they eventually miss that perfect price.
485  Alternate cryptocurrencies / Speculation (Altcoins) / Re: any news about ETF ? on: October 16, 2018, 10:05:23 AM
hello forum,

market is going allday down, all person are w8ing for new bull runs, i think ETF will green light for market, is any news about ETH-ETF?

and what is your speculation about market future?
I am pretty sure you are aware that ETF has been postponed till December and I am sure it would still be postponed again, so, if you are counting on that for now to know where the market would probably tend towards, then you may actually be growing grey hair before then.

One thing I am certain of is that with or without ETF, the chances of the market growing further than what we have now is pretty much there and it is only left for each person to take advantage of now for the sake of tomorrow as you obviously cannot end up getting it better.
486  Economy / Gambling discussion / Re: Taking a break from gambling on: October 13, 2018, 10:42:35 AM
I dont see why instead of quitting the solution cant be to just reduce the amount gambled, to whatever is a reasonable budget.   So that could be as little as what you spend on snacks for a week, so really small amounts but if the gamble pays off then you get the larger amount to roll forward.

If people can stick to keeping a sensible budget then I see no reason to quit however if its beyond self control at this point and the idea of a budget is laughable then I'd agree that just an absolute stop may be the best thing after all.  I recognise thats the correct strategy for some but also I dont believe any person can avoid the concept of risk in their lives, its just a naturally occurring thing that has to be dealt with every day to some extent hence why I mention money budgeting as maybe the real dilemma to resolve long term
That still depends though, because sometimes, sensible budget would determine how much you are losing over time when all is accumulated and at some point you may actually make the decision to want to cut that down seriously by backing off for a while.

Actually, the ability to see gambling as a game and a game of luck, without attaching so much to it when it comes to winning, while limiting yourself will always help to achieve things like this, but like I said, it always depend on each individual and how they are really going about their thing as long as they keep being in control.
487  Economy / Economics / Re: Sick and tired of the cryptocurrency bullshit!!! on: October 13, 2018, 10:03:42 AM
I feel you sir, sometimes crypto is frustrating because of expectation and reality doesn't coincide all the time but all that circumstances are just normal in world of crypto currency because of the intangibles aspects that we are not full control of. Cryptocurrency is not for short-term venture but it's for long-term investments that needed time, effort and patience in order to enjoy the fruit of holding your assets as much as possible.
Cryptocurrency will be frustrating for you if you want it to be frustrating and the whole choice at the end of the day is always going to be in your hands. People tend not to realize they are the ones making the decisions and the whole ball is in their court, and since they are so ignorant of the decisions they are making, they ended up making the wrong ones and now blaming the cryptocurrency space for their predicaments.

Sit back, reflect on what you did wrong, make amendments and learn from it, which is how to be better at what you do and investing properly in the long run, only losers get frustrated about something.
488  Alternate cryptocurrencies / Altcoin Discussion / Re: The Good Side of Cryptocurrency. on: October 13, 2018, 09:17:04 AM
What bills in what country do you pay with crypto ?
I would actually want to get those details myself. Although like batang said, I have seen some exchanges that are already beginning to integrate things like this and I believe it is a start. I know where are already getting pretty close to the cashless age and with digital currencies really coming into light, it would even make things easier the more.

I have not paid any bills myself in my own country with cryptocurrency but I believe so much that a time will come when i will most definitely get to see this become a reality as we keep moving gradually to the mainstream level.
489  Alternate cryptocurrencies / Altcoin Discussion / Re: What should I do now on: October 13, 2018, 08:27:30 AM
Perhaps now it is better to keep your cryptocurrency. Big win from selling it now you will not get. Therefore, it is worth patience.
Now, is actually a good time to buying and stashing up for the long run? So many of the altcoins have hit their rock bottom, bitcoin is selling a lot low and presently, is probably gearing up for some change in trend which time will tell, but the thing here is that, as long as a market is down, it is always the time to be buying and not to sell.

Those who are so much focused on the future and know what they are holding have potentials will always see it as a very good moment to be accumulating as far as I am concerned and only those who are just busy trying to look for quick means to get rich that would always see it as a problem.
490  Economy / Trading Discussion / Re: Bitcoin leverage Trading on: October 13, 2018, 07:52:29 AM
Hello, bitcoin community! I would like to share a link to an article about biggest leverage rates that bitcoin (and others as well) can have right now in the market https://www.cryptocointrade.com/trading-blog/where-can-i-trade-crypto-with-the-highest-leverage/. What do you guys think? Is bitcoin trading enriched by a 500x rate and have you ever used it on your own?
Leverage trading always carries a big risk, this is why I never want to use leverage trading. You better trade without using leverage because it will make you able to learn to manage risk management well.
Spot trading is something a lot of people should always preferably use most especially in their early years of trading. Leverage trading is a whole risky and the OP talking about some 500x, I can imagine how fast it would eventually take for him before he gets liquidated.

People are always looking for a fast means to get rich and as far as I am concerned, that is just some greedy thing to do which could back fire hugely before you even say Jack. Leverage is like making a bet with the chances of losing everything and the bigger you go on the leverage, the more risk you are exposed to.
491  Economy / Trading Discussion / Re: Will you trade Bitcoin to buy Altcoins? on: October 13, 2018, 07:08:44 AM
I have chosen a strategy to keep the currency. The market is too unstable now to buy and sell something. You can easily drain all the money. And the goal before us is to Increase.Because keep in them.
This decision is based on the cost benefit analysis. If your calculation about the benefit of doing so is positive, go for it. Bitcoin is money and you can buy Altcoin with it only if there is profit in doing so.

Normally it is advised to keep Bitcoin but another factor that is called the diversification of portfolio can also be a reason why should you think about buying Altcoin with Bitcoin. This has other advantages and I believe one should have some diversification as well.
492  Economy / Economics / Re: I almost lost my rock solid regular job because of crypto on: October 13, 2018, 06:18:03 AM
You should know what to prioritize ,
If you are earning much more in the crypto currency and have a stable income in it then I think you should choose it.
But if you are only earning through bounty then you should just consider it as a part time job.
You can get another job as well. There are lots of jobs opportunities around the world if you have what it takes. I believe that a span of six month is enough to master in any field and one should not waste so much time in learning which could also be done parallel to doing a job.

Furthermore, practical use of what you have learned all this time in business can give you an edge and enable you make more complex decisions that others dealing in the market.
493  Economy / Economics / Re: Crypto and automobile on: October 13, 2018, 05:41:08 AM
One of the best innovation for the car sellers. Accepting bitcoins as payment would be the best technology so far. Having a virtual money is like you are going to be on future ready, innovations and development of cryptocurrency can be one of the best inventions
I heard somewhere a month ago that Tesla had been thinking about accepting Bitcoin as payments for selling cars. This had sent out a great message and I believe if this comes true, those who have invested in Bitcoin would be able to make the easy transaction in the blink of the eye and would own a car.

Besides, it shows how convenient things could turn out if technology is introduced in the major economic system to improve the system and bring efficiency.
494  Economy / Speculation / Re: Santa Green in BER months (October to December) on: October 11, 2018, 06:19:33 PM
this time is good to buy more bitcoin and hodl until this end off year or may be this november will be rain in money,,buy more guys Grin
yeah i have doubts as well that on this upcoming month of November is the right time  for market to climb not on this month of October because market nowadays is just showing tends to pump which is probably in my opinion it gaining strength to jump again, because it always made a correction since October started . So must accumulate now and invest to become profitable soon. Instead of waiting for more results 'cause market always suddenly bounce without any sign.
Well, we cannot say yet how market would turn out, but there could be some possibility for some movement upward, which a lot of analysts are hoping for but that is not certain until we are able to move from the big triangle formation presently. We can see bitcoin going back to test the bottom of this triangle and how we do from here will determine how we go in the long run.

There is huge optimism in the air though for those who have always seen ember months as the month where things get to change hugely in the market with respect to increase in value of coins, but I guess this is something we will have to wait and see how things would turn out.
495  Economy / Marketplace / Re: Positive or negative promotion strengthens crypto market? on: October 11, 2018, 11:41:37 AM
There are times when the competition between projects results in bad publicity against one another, but in my opinion this market is the opinion of the people and their way of interpreting things, it is the beauty of this cryptoworld that we can all have a different way of thinking and that's fine !!  Wink Wink Wink Wink Wink
Exactly! The way people decide to interpret things is what actually counts the most and like audaciousbeing said, no publicity is bad publicity as most times even bad news can end up making something to even gain popularity in the long run and I totally agree with that.

In fact, having been in the entertainment world in itself, this is something I have seen a lot of celebrities do over time just to be able to gain recognition and such type of publicity can be used in any space, including the cryptocurrency space, but the effect most of the time for bad ones, may be a lot bad if care is not taken or if overdone.
496  Alternate cryptocurrencies / Altcoin Discussion / Re: BITCOIN CASH- WILL IT REPLACE BITCOIN TO BE A KING OF CRYPTO on: October 11, 2018, 11:00:41 AM
In my opinion i think its a imposible for BCH to replace BTC cause BCH is a BTC forking and not offer a new idea, a new technology and a new usecase. There is a lot of coin/token who is more good than BCH itself. I am no offense but I only see the fact. If talk about a coin/token who can replace BTC, i think it will be ETH. Cause the demand using their platform is still high and their developer keep upgrade their feature.
Generally, this is something that is actually not possible to see happen. Let Roger Ver do whatever he likes to raise his shoulders and try to make it seem relevant, nothing changes the fact that it remains a forked and unnecessary coin, and will always be in the category of an altcoin and even a shit coin as far as I am concerned.

The market to me is even over priced at this stage, thanks to the fact that Roger Ver actually was one of the few ones who started in this space early and had a lot of btc stash which he was able to use to pump his own coin but that is what it would ever be, just a pump and dump coin.
497  Alternate cryptocurrencies / Altcoin Discussion / Re: How to start investing? on: October 11, 2018, 10:26:01 AM
Investing is not a simple matter. Here you need to think and study a lot. I think if you want to start investing now, then you better start with 1/4 of your total amount you have.
Yeah and in reality, if you fail to study and learn, the chances of making terrible investment decisions or mistakes will always be there. To start investing, it is very imperative to have all you need to know about where you are investing in your head as this is what would help you when it comes to making long term investment decisions.

Knowledge is actually what drives people into certain decisions and if you are ignorant about something, you only end up doing things blindly and unless you get lucky, which is rare, you will always be a victim of your ignorance.
498  Economy / Economics / Re: Apart from trading where else to use crypto? on: October 11, 2018, 09:47:23 AM
franlky speaking, its nothing much can do besides trading. no like you can really buy grocery with bitcoin right now, except your country currency is way more volatile compare crypto, it hardly can do anything right now. it might have bigger application in larger scales like international transaction.
There are so many things you can use youth cryptocurrency for. You can use it to pay for services rendered if the person is willing to accept it, you can use it to pay for goods as well and so many other things.

I understand that we are not where we want to be and the market is so young that we have not even seen an extreme real life usage yet, but all that would change gradually as obviously we cannot expect it to just happen overnight.

Personally, I make use of bitcoin to pay my merchants overseas for goods and that has really been able to fill up some gap in transaction problem I have had with banks over the years. That is something!
499  Economy / Economics / Re: Is this the correct time to purchase bitcoins and al-crypto? on: October 11, 2018, 07:52:50 AM
Everyone was doubt of investing bitcoin because of how many months the market struggling that make all crypto was dropped, but there are an open-minded people that they think that it is the right time to buy bitcoin and other altcoins. Yes, that was also in my mind that it's time to buy now while the market price is too cheap we can afford to invest. If the market will rise again just like what happened last year then you invested now I'm sure a huge profit you have.
Those who understand the importance of a downtrend or correction see it as a normal thing and understand the market, while seeing great potential in the future will most definitely know it is a very good time to buy. Certainly we cannot expect everyone to think alike as some would see problems in things they should be seeing positivity and as long as that is in play, a lot of people will keep missing out on chances like this.

It takes being a knowledgeable trader to be able to monitor the charts, look out for patterns and know when they should be entering and if you are not one, just buy the dips and focus on the long term.
500  Economy / Trading Discussion / Re: When to trade altcoins? on: October 11, 2018, 06:26:59 AM
I think the main question doesn't change from the main bitcoin to any little small coin and anything in between. The proper time to trade has always been during either stagnant markets like we have right now or bull markets. If the price of any coin reaches to a point that last 30 days has been over 100%+ increase it is time to stop trading it for a while, at least watch it from afar before going back in.

If something has fallen a lot recently it is exactly the same, start watching from afar before trading. The best time to trade something is while its standing still without a move or when its just going up but hasn't gone up too much.
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