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4861  Bitcoin / Bitcoin Discussion / Re: Share Your Experiences on: November 01, 2019, 10:18:08 AM
Every of my neighbors were investing in this popular scam and bankruptcy MMM that was my first experience with bitcoin after a while the moribund scheme introduced payment via bitcoin thus prompted me to further research about bitcoin this lead me to this wonderful and resourceful forum thereafter I took my time to read comments and post here and made further inquiries using google since then I have no regret in fact I am full of gratitude to satoshi, thermos and other forum moderators who had been doing a good job in keeping forum working.
4862  Alternate cryptocurrencies / Altcoin Discussion / Re: China Creates Currency to Cancel-out Cryptocurrency on: November 01, 2019, 12:45:14 AM
If china creates their own cryptocurrency I believed its for a purpose I won't agree this gonna cancel bitcoin and the other cryptos after successfully launching I hope its gonna be trade-able with the likes of BTC, ETH, LTC, BCH and other major cryptos thus another profit making coin for crypto traders hopefully it volume traded daily will be huge based on the enormous population of China although centralized that shouldn't pose any threat to bitcoin.
4863  Other / Politics & Society / Re: Isis leader Abu Bakr al-Baghdadi killed! on: October 31, 2019, 11:45:09 PM
I don't believe that shit.

He was only following the orders. He is probably resting on a big yacht and having fun with his underage virgin "wives" as a reward for his services to the US. Thanks to him the US once again could police the world.

Killing him? Haha... how naive.
Well that's another version of the whole story. But no one still presented a very stromg proof that ISIS was just a bunch of suicidal slaves of US which are ready to die in order to reach US' personal agenda. Nonetheless this is a very good news for us because for sure the faction of terrorists weakens. However, the war is not yet over since they only killed the leader and not all of them. He is replaceable Grin.

How are you sure that terrorism attacks are going to be eliminated and that terrorists are now weakened?
The next Leader might be crazier than al-Baghdadi and sparkle a new wave of terrorism attacks around the whole world.
Those guys 'terrorist' are brainwashed with some Islamic ideology thus irrespective of any attack carried out on them they are never weakened osama bin was killed by special US forces SEAL another deadly leader of ISIS al-Baghdadi emerged in fact ISIS had announced another leader to spearhead or carry out their nefarious activities link here: https://www.nytimes.com/2019/10/31/world/middleeast/isis-al-baghdadi-dead.html  of course we in for another series of terrorist attacks if not curtailed.
4864  Alternate cryptocurrencies / Altcoin Discussion / Re: Why are you involved with Crypto? on: October 31, 2019, 11:05:33 PM
That featured anonymity of using crypto endeared me to it I have the opportunity of accessing, managing and controlling my funds or investment anonymously without any third party interference is indeed an enormous financial revolution which I must confessed made to be fully involved, aside this there are many opportunities abound in crypto that exist such as using it as payment gateway for goods and services which I am also utilizing.
4865  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: October 31, 2019, 09:48:45 PM

Chelsea 1-2 Manchester United


Chelsea is a team consisted of young players now.
They don't have a lot fo experience in knockout games and I think that this fact caused them to lost the game against the Red Devils.

In my opinion it is not a factor that is a reason for losing the match, because Manchester United are a great team that is not easily defeated by Chelsea, even though young players they are still very great, but if it rivals Man. United are still losing.

It is true, in the match. Chelsea mostly reduce their young players, Either this is a past strategy used to see the extent to which this young player can play. No need to be discouraged, Chelsea must focus again on UCL and LP.

I agree with you, Premier League is Chelsea first mission, they have to really forget and focus on the next match Watford are opponents of Chelsea in the following matches, My prediction Chelsea will easily take three points because Watford is a team at the bottom of the standings
I like the idea employed by coach Lampard to give the young players first team experience so as to build them the lost against almost first team Man Utd notwithstanding had exposed youth Chelsea players involved in that game toward having a first team experience and to rest their regular starters for UCL and EPL which highly laudable I see Chelsea progressing in the EPL as they play more matches.
4866  Economy / Speculation / Re: Are You Concerned On Sudden Rise of Bitcoin? on: October 31, 2019, 02:53:15 PM


Bitcoin just made a sudden or abrupt rise hours ago and it reached more than $10,000 before settling at around $9000 as of the moment. Now, I am actually so excited and happy for this development as I also have some Bitcoin hidden somewhere. However, i am a little worried that this very volatile move can be bringing some damage to its overall reputation as a store of value and a future global currency.

Is my concern really valid in the face of this ongoing development?

Not much worried frankly speaking as prices have shown growth rate after a long time which indicates pump in the market soon when prices can cross $15k but we might see another correction in between these period which will be followed by the price surges again which is market strategy so we don't need to worry anything. Just be happy,patient and hodl until prices reach your satisfactory level.
This shouldn't be surprise to early bitcoin adopters they are used to the sudden and abrupt rise in the price of bitcoin, most of us here are more to the use of bitcoin as a store of value and having access and control over our portfolio rather than allow a third party to control it, I believed the price had resumed the bullish sentiment and growth after a prolong correction as you rightly said the price might hit $15K before the end of the year. let us patiently wait for the price to resume another wave of bullish movement.
4867  Economy / Trading Discussion / Re: Why did 95% of traders fail and lose money? on: October 31, 2019, 12:45:39 PM
Here are 6 of my reasons, what about your thoughts

1.80% of day traders give up within the first two years;

2.Among day traders, only nearly 40% of the day's trading was within a month only;

3.Within three years, only 13% continued trading. After 5 years, only 7% were left;

~

Many of those 80% of day traders were truly newbies in trading and that was part of my mistake. I jumped immediately to day trading. I should've sticked to long-term trading so that I can grab the fundamentals of the market while I am earning at the same time.
Those 6% inside 13% of those who continued trading could've already panicked. I could see that back from 2017 to present.

PS. You can move this thread to Trading Discussion though since it isn't specifically for Bitcoin anyway.

Those 80% newbies have the mindset of becoming rich within the shortest period of time not minding the learning process of becoming a good trader also they trade without a good money management even with fairly profitable strategy a good money management will be profitable in a long run while I agreed with OP on his statistical analysis of why 95% traders fails.
4868  Economy / Trading Discussion / Re: How to start: Daytrading? on: October 31, 2019, 09:46:37 AM
Top 3 things to look after?
Are tools recommended?
Thank you!
I would recommend these three things for day trading
1. learn Technical Analysis and fundamental analysis ( working trading strategy)
2. Device a good money management to manage your losses well after deploying your strategy with a  good risk to reward  ratio at least 2:1
3. Personally I would recommend manual trading I wouldn't deploy Bot or Expert ad-visor for trading.
4869  Alternate cryptocurrencies / Bounties (Altcoins) / Re: Do We Still Have Legit Altcoin Bounties? on: October 30, 2019, 10:58:37 PM
I don't understand what you mean by spending your time here but getting nothing? I see your account has only 15 activities so far. So only by doing 15 posts do you expect to get a lot of results through this forum? That's the same you think of this forum as a casino table where you are betting and good luck.
He said he is into promotion and marketing of bounties he is not referring to signature campaign so the issue of 15 activities isn't required the OP is probably into social media campaigns via twitters Facebook etc he may also be into content writing, blogging all these are also tool for promoting and marketing of ICOs and IEOs.
4870  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: October 30, 2019, 10:02:35 PM
Bloody hell what a match. My stream was shit but I caught some of the action. Origi our saviour as usual. Didn't watch the penalties really, so couldn't tell if it was a save from our keeper or a miss from Arsenal.

We're through to the QFs, small cup but hey big pride for our youngsters!
Liverpool should have leave carabao cup for Arsenal, this Arsenal team the lack strength and technical abilities to compete with the top team in the premier league unfortunately Arsenal threw away their chances after leading for a while in that match I don't see their team wining any laurel or cup this season with this kind of inexperienced players they are paradingI expected them to muster courage and strength to win Liverpool who had paraded their second team. coach emery has a lot work to do that team.
4871  Bitcoin / Bitcoin Discussion / Re: What are we really investing in bitcoin? on: October 30, 2019, 08:51:54 PM
Buying and accumulating of bitcoin is more of investing in it at least I wouldn't worry about any savings in my bank I feel secured with my bitcoin in my wallet and I am having access to it at any time. More so investing in bitcoin will secure our future financially I believed a time will come when the price of bitcoin will stand at $50K+ thus early adopters and the present ones will have the cause of recouping a lot of profits.
4872  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is investing in crypto a good idea? on: October 30, 2019, 03:42:40 PM
Take time and study the price movement of reputable, reliable and trusted cryptos like bitcoin, ethereum, BCH and others just open up a weekly or monthly chart and watch out how the price moves there is a slogan which says 'buy low and sell high' bearing in mind that investing in cryptos is a long term investment recalled the price of bitcoin was around $3300+ in the beginning of this year investors who invested around that time are already in profits now.
4873  Economy / Trading Discussion / Re: Do expert traders hide their loses? on: October 30, 2019, 11:10:33 AM
I'm pretty sure they will hide it, or will tell stories when they have success like "this also needs a struggle" or "at first I was also having a hard time". in trading, losing is not a secret anymore, even professional traders will experience difficulties when prices become unstable. it's like successful people have their sad stories, but we only know them when they have success. trading is something that is uncertain, losing or winning it often happens.
Some so-called fraudulent experts who sells trading signals do hide their loses rather displayed or possibly Photoshopped exorbitant  profits to deceive unsuspecting new traders of course a newbie trader will easily fall for this tricks however their are some credible and trusted experts traders that shows their losses having managed their trades with a perfect money management and probably trading with a strategy that has a good reward to risk ratio.
4874  Bitcoin / Bitcoin Discussion / Re: Dont break rules while trading on: October 30, 2019, 09:56:53 AM
I follow some rules. Am not sure if they will work you for everyone but these are the basics.
1. Keep it simple. Once I tried to gather as much info before start trading. Many indicators, many news, vast analysis made me paralyzed to trade.
2. Avoid crypto trading on weekend and Friday too. Instead enjoy the holidays.
3. Never do Revenge trading, you will only trade whenever you have proper mindset.
4. Never love any asset, emotional trading will kill your investment.

Consider those tips as free gift, not financial advice. Always do your own research
Your comment are topnotch and you made some valid points especially rule after trowing away those lagging and colorful indicators and concentrates on candlestick patterns and price action while using one or two moving average indicators to identify the trend then I began to make profits thus enabling me to twerk my strategy to suit my trading style I ensured my chart is simple thus easily analyzable for any trading set-up.
4875  Economy / Speculation / Re: Let this rise be a lesson - Bitcoin isn't strongly tied to anything on: October 30, 2019, 08:13:00 AM
It's tied to everything that's why it's so volatile. I saw it go down when gold was going down once. It's tied to the governments because it went down when China banned mining. It's tied to the black market because it went down when Ross was arrested. It's tied to the futures because it was going up when CME was about to open and then dropped down when it opened. It's even tied to Donald Trumps' and Jamie Dimon's tweets Cheesy
You made a valid point here, you corrected the impression made by OP where he emphasized that bitcoin price movement is not tied to anything You mentioned four fundamental news evidences that was responsible for the previous pump and dump price in the price of bitcoin which was conspicuously seen and glaring, the OP should had back up those claims with evidences this will convince us more.
4876  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoin's price is disappointing!!! on: October 29, 2019, 04:32:45 PM
Why are you disappointed in altcoin price? did you bought some altcoins in the highest price? you are not the only one who disappointed in this condition in the market, just keep hold the price will increase, unless if you hold a shit coins then that is disappointing.
In this situation there is no other choice but to continue to Hold, because the price of Altcoin is very much different from the price we bought at the time. It's disappointing, but we must be really ready if there is a market situation like now. Hold is always be the last choice for us.
I don't know which of the altcoin are you refering to is it ETH, LTC or BCH or XRP these coins pumped with bitcoin their movement correlates with that of bitcoin maybe the OP is referring to shit coins whose projects are not well defined as far as altcoins is concerned these are the major ones that worth investing in else investing in an unknown and with little potential coin is very risky.
4877  Economy / Speculation / Re: BTC 20,000 USD by the year end. on: October 29, 2019, 03:14:07 PM
Have you read the news that Bitcoin might be able to reach 20,000 USD before the year ends? Maybe we can't achieve the 16K this month but we are still having a good year.
You must see the new and read the full stories. https://bitcoinist.com/3-reasons-bitcoin-price-may-hit-20000-by-year-end/

bitcoin dominance as of now:
Quote
October 28, 2019, 02:22:35 PM
67.8%
See we all are optimistic about btc growth and we all want to see price pump in the market as we are above $9500 and $20k might not be possible by the year end as we have entered last quarter of this year and only 2 months have left for it so we can excpet that prices can reach $12-$15k if everything goes in favour of btc.Hope we see this soon.
If by the end of year price stood above $12K I believed its a good price considering the fact that earlier in the year the price was $3K+ as it is now the price had made a remarkable bullish movement so far however I wouldn't agree that the price will reach $20K by the end of the year except if there is a catalyst in form of positive fundamental that will trigger the bullish movement else the price will continue with its consolidation.
4878  Bitcoin / Bitcoin Discussion / Re: Bitcoin isn't just an investment, it is the future on: October 29, 2019, 01:02:00 PM
From my last post about Bitcoin investment,  following the valuable contributions of members of the forum,  I learnt that Bitcoin investment is not just something that blossoms in a few days,  rather it takes patience.

 That gave rise to my new topic.
Bitcoin isn't just an investment, but it is the future...

 Let's all share our thoughts about this, in order to encourage ourselves and build a stronger community of users.

I wish that panic sellers would understand this too. Cheesy There are so many people that see Bitcoin or other cryptos as short or long term investment tool. But cryptocurrencies are not that simple.
Bitcoin is a big thing a financial revolution indeed that will define our future as far as my investment is concerned I am always worried whenever I sold any bit of my bitcoin because I may not know what its value gonna be in the future and thus avoid hunting me as a result of my actions by panic selling my bitcoin. There are many upcoming positive fundamental news that will triggers the price of bitcoin just as we witnessed the news coming from China and bakkt.
4879  Economy / Trading Discussion / Re: How to take advantage BTC Pump and Dump in short period? on: October 29, 2019, 11:32:01 AM
How to take advantage BTC Pump and Dump in short period?
Technical analysis is he most appropriate way of taking advantage on pump and dump of bitcoin within the shortest period If you are knowledgeable in candlestick patterns and price Action you will have the advantage of making profits consistently however you need experience else you will lose your portfolio or investment within the shortest period of time, of course there are lots of strategies online research and stick to one of them then practice before investing in a live account.
4880  Economy / Speculation / Re: Bitcoin price today ! on: October 29, 2019, 09:28:51 AM
We always like to associate the price increase to any positive news and you are right we have two here , Xi Jinping do not have an intention to pump Bitcoin what he had in mind is for his country to create one of their own, because they are fully aware of Libra Coin, and another one that that can add to the price's positive feedback is Bakkt's increase trading, Bakkt's prformance in the market will always give the price a push even though it has a bad start.


Bitcoin and cryptocurrency is always affected by the news because it's a world wide payment and also the media is really fast to reach people.
So, the ffect of the news in a media is really big in crypto, it can pump prices in minutes, so we have to aware with the news.
The price of bitcoin seems have paused ie ranging, this is aftermath of the bakkt performance in the market and blockchain adoption news coming from Chinese president I believed another positive news will serve as the catalyst for another round of bullish movement else the price will continue to consolidates, if other Asian giant can replicate the Chinese move then we in for another round of pump in the price of bitcoin.
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