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4961  Economy / Speculation / Re: Bitcoin on track to 100k according to stock to flow model on: August 04, 2020, 11:13:18 PM
...
I don't know what to believe, with so many predictions, but this system has a clear logic behind it. I hope he is right, actually.
Halving was implemented as Bitcoin market inflation controller but that doesnt mean the price per bitcoin will be USD100K and I dont see any tangible reason which will make that happen. However, his prediction wont be right actually because he mathematically make those prediction.
And nothing to rely about his prediction as well.
I understand that we all have a freedom to make speculation with or without mathematical calculation, in fact, we all can right or (probably) wrong for a reason that we can exactly know what will happen next.

ATH will come sooner but I'm not thinking as high as $50k. I should have to keep low as the market sentiment isn't that strong enough to the uplift the price into high. When will be the next Bullrun?
4962  Alternate cryptocurrencies / Altcoin Discussion / Re: How can ICOs come back in the game? on: August 04, 2020, 10:54:59 PM
ICO projects are not dead already, only it happens that more people are very disappointed with it because of its bad performance since most ICO are just scam/fake. Investors suffered big losses when they invest last 2017 and that makes them ignore ICO and keep IEO at this time.

There is only one thing that ICO should have to acquire in order to get back the trust of the people/investors is to show their market potentiality. If the devs will show something that can attract attention with the investors, it will also give a reason for them to trust back.

TBH, I was a victim this ICO investment but I was still looking for the betterment of it on the future.
4963  Bitcoin / Bitcoin Discussion / Re: Illegal mass adoption on: August 04, 2020, 10:31:12 PM
It was their fault also that brought this into a worst-case scenario. If they secured their license first before they start, absolutely there is no problem with that but somehow, they just ignore it. Authorities will just be imposing the law and this illegality will be apprehended.

But the topic isn't that sound right, not it is all about illegal adoption, it is only the illegal operation of Bitcoin ATM without license I'd never find this having a negative impact on the community nor it gives a reason why investors will afraid of using ATM at this time.
4964  Economy / Trading Discussion / Re: MovieBloc (MBL) #MBL #Binance on: August 04, 2020, 10:04:24 PM
I guess this is one of the goodnews https://medium.com/moviebloc/early-completion-of-mbl-token-distribution-for-private-investors-2b8d91177010, they bought it back and will lockup a total amount of 322,321,429 MBL, this is really good for investors and traders. I bought this token when I heard it will be listed on binance after they won the voting. But I already sold it, If I am still holding it now maybe I am still at loss but the good thing is they have some update.
The thing that there is no market improvement at this project after getting listed at Binance, this will be the sign that this never has a good future. Binance has now effects with them because investors will look into a project itself, not just they are listed from a huge and most reputable exchange. Good thing that you sell it earlier, otherwise you get nothing at all.

Investors will ignore MBL if the situation they'll see has no change, may their buying back and lockup strategy will work to build market resistance. But first, they should have to show rapport in order to drag attention from the public and see's its potentiality.
4965  Bitcoin / Bitcoin Discussion / Re: What bitcoin adoption really is. on: August 04, 2020, 03:27:19 PM
It's a shame that Bitcoin is still rarely used as payment, most people use Bitcoin as digital assets, like gold which is considered
good as a store of value. Therefore the development of Bitcoin adoption is fairly slow, I can't do much for Bitcoin more widely
used as an alternative payment. Because people are still doubtful about the price of volatile Bitcoin and also Bitcoin payment
transactions it can't be as fast as fiat.
I don't think that way nor to see that Bitcoin is being useless. Only a few have used bitcoin as a currency it is clear to see that is because only a few establishments have accepted it, in fact, the majority of the people have never known about Bitcoin especially in the 3rd world country. Crypto adoption won't work that fast and not even people have to use either. We can only tell that we are in full market adoption and consider this as a currency if people will never think that they can make money from it instead, they buy crypto because they want to spend it, not for investment.

But since we still have FIAT and some cashless payment options, we can't expect that it makes possible at a very short period of time. We are truly far from that.
4966  Economy / Trading Discussion / Re: How do you make `Trading` profitable? on: August 04, 2020, 02:59:14 AM

snip~

Trying to catch and sell off a token at the all time high (ATH) is basically the most difficult trading decision because no ones knows when it will come through and that's why everyone will tell you to set a profit target before entering into a trade and when you successfully set your personal target, you'll definitely sell profitably
Not really impossible if we are not a greedy person and knows about contentment. If I already have a 2-3% gain, no doubts to sell my holding. I keep my coin/s in my hand for just a month and there is no hesitation to sell it even though I only gain a few bucks from them.

The common failures why many traders have never succeed it is because they'll think always positive without considering the current market movement. Looking into charts, do a market analysis will likely help us in making the right decision.
4967  Bitcoin / Bitcoin Discussion / Re: Covid crisis & evolving phases on: August 04, 2020, 02:16:53 AM
As i can see even IMF shared their positive feedback towards innovation and replacing the old Fiat monetary system that's fundamentally flawed, and currently in a brink of collapse due to its infinite money printing that's devalues other money already in circulation especially in this times of pandemic they're printing trillions of new paper money every day.

The government isn't particularly giving way for crypto to dominate the market and outplays fiat money that is why they keep printing paper money to anticipate that digital transformation. Because if people are in the go to Bitcoin, its likely they can't make benefits from it.

With this circumstances, its either not see Bitcoin willfully adopted globally, the existing fiat monetary system will still be dominating. And so people will still make use of fiat than to adopt cryto.
4968  Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty hunting tips for newbie in joining bounty campaign. on: August 04, 2020, 01:18:33 AM
Most of the project nowadays are fraud or scam if I am not wrong. Others may not agree with because they earn that much. Yes, there are really few good project to join with and this is why there things you need to consider.
Things that can't be denied of. Many projects had come out but only a few of them have worth it. We can't make people to stop them in participating bounty campaign for they think that this could save them. How we could forget last 2017 which almost( probably all) bounty hunters become rich because of this? And it is absolutely they'll think that it will come back once again. But it is very unfortunate that it is impossible to see that moment will come again as we can know that most projects now are being hopeless.
4969  Economy / Speculation / Re: Next Bitcoin Bull Run Will Be ‘Dramatically Different’ on: August 03, 2020, 11:42:34 PM
I don't expect that having exponential capital and high-quality project this year ( and for the incoming) this year. I believe that these two brothers are acting deliberately different and see only the opposite of the real scenario that we have today. We are not looking into perfection and sees what it really happens in the coming days but actually we can feel what really happening now and it absolutely that 2020 is far different from what 2017 has.

I respect their speculation but neither agrees with them because, in the first place, I base on the real sentiment not my imagination.
4970  Economy / Speculation / Re: Are we in a ranging market? on: August 03, 2020, 11:05:44 PM
Good spot, that bullish pennant there is considered a bullish pattern which is there is a huge possibility that we can spike again once we break that.
But now, as you can see the updated chart, multiple rejections again in lower timeframes. But what I see is, it's still good, not that huge pullback, we are still above $10,000 which is good since this $10,000 level will act now a strong horizontal support for Bitcoin.

Pullback will seems to be possible but I hope it won't be huge enough to drag people selling their Bitcoin that could leads to be in bearish again.
I was seeing a steady line above $11k in the next couple of weeks, then it move slowly to $12k, $13k before we end up this quarter. But a little bit excited to see how market behaves during the BER months since most of the time, the 4th quarter is more in bullish. Maybe I have to expect a positive line and market improvement this time as it happens in the past years.
4971  Economy / Trading Discussion / Re: Domination of Longs on: August 03, 2020, 10:36:34 PM
Yesterday wiped out a lot of long positions. As a trader one really loves all this volatility, and it's all across the board. A good trader could have easily 2 or 3 X'd their money in the last couple of weeks.
They are very lucky to have the right timing but for those who sell their bitcoin earlier, they might be in regrets.

But anyway, crypto life never gives assurance in regards to market profit, x2, x3 with their capital, that was really amazing. But people who can afford to hold Bitcoin longer the more chances to have.

The price trend keeps moving high slowly, some people seeing this a road to Bullrun but I'd never think it easily nor I bought that confidence because it is not really enough. I would like to wait more days and sees how the resistance level growing up, then that's the time I'll be in the bullish by then.
4972  Economy / Trading Discussion / Re: Good idea for a new trader to get into derivative trading? on: August 03, 2020, 08:05:36 AM
If you are doubtful of what you are doing, there is nothing it makes sense to do it otherwise, you will lose. Why not try to know the result? Because if you are asking that derivative trading will make you profitable, it will depend on how you work on it or how they work together. If you are comfortable working with each other, it gonna be a positive asset that it will work on but if not, then working by yourself may help or just hold only.

I know a lot of traders have their plan and doing that but not all of them get succeed it is because they never know exactly what they are doing as a team/ or as individual participation.
4973  Economy / Speculation / Re: Where do you see Bitcoin price by the end of 2020? on: August 02, 2020, 12:23:09 AM
As the title says, what is your prediction of Bitcoin price by the end of this year (2020).

Will Bitcoin reach a new ATH?
That ATH is a way too far from now and even though we have some pumps this time but it is not actually the case to think about a bullish market will come next. If we are into the real scenario, not just in imagination we can tell that the market is still not prepared for it. I'm not closing this time to come but it was hard to make it this year. However, it was then good to see that we are moving forward despite of the pandemic situation cause global market recession and we glad that we are still keep moving high.

If the current momentum will sustain until the end of this year, $15k is not possible but doubted to go far and reach $20k IMO.
4974  Bitcoin / Bitcoin Discussion / Re: What difficulty do you face on trading bitcoin? on: August 01, 2020, 10:37:51 AM
Maybe I was lucky enough because I don't have such a problem but I'd didn't totally enjoyed Bitcoin because it is only a few establishments have accepted Bitcoin for payment. But it is not really an unfortunate situation you have because there is still a way to make trades in the forum. If you already have a good trade in the forum, I believe you already have built a reputation and trust with each other. This means that you can easily make trades anytime you want, well, that using P2P is another option for you to take.

If I were in your situation, I'd rather have to hold (just likely you are doing savings in the bank) more than of making trades. Because one day, it probably Bitcoin that will become legal in your country and you can finally enjoy your BTC's. Though its a long wait but worth it.
4975  Economy / Speculation / Re: Bitcoin will touch the high price in 2020? on: July 31, 2020, 11:38:14 PM
This time all the world market are in crises and also the crypto market but as my predictions that this time crypto market will make a great bull in the market becasue so many countries will soon legal the Bitcoin in their countries and the investment will start in this way in the crypto amrket so much fast.

Bitcoin will touch the high price in 2020?
 25,000$
 33,000$
 50,000$
 100,000$
If you are having a pool to this, I have to choose $25,000 because there is no other option below that.

TBH, I won't be more optimistic this time as the reality that we can make such surge and reach to ATH again year due to the economic troubled situation. We saw an uptrend momentum by now but that is a far to reach at $33k even that $25k. I know that the market is unpredictable and all seems to be possible but we also have to know the capability of it and seeing there is no such huge change in the market resistance. However, I was looking forward to see it in a bullish market next year.

https://cryptopotato.com/bitcoin-price-analysis/
4976  Bitcoin / Bitcoin Discussion / Re: Bitcoin transaction was faster than a Bank transfer today (for me) on: July 31, 2020, 10:35:46 PM
We can't neglect things to happen like that especially when you are transferring from different banks, it really takes time (48 hours max in our country)to reflect into your account base of my experience. Sometimes it arrives earlier but most likely it takes more than 24 hours a bit longer than we use to transfer Bitcoin even though we encounter some delays.

I hope that banks will show some actions with this and to speed up their transaction so their clients won't lost their confidence with them, otherwise.

In all honesty, I would not really compare BTC txs to banks as a "Bitcoin is better" argument. For now it may be great, but it's going to be a big L for us as soon as digital national currencies become the norm.

Heavy network could certainly affect the speed during that time. Besides, even today we sometimes experience long delays though the current number of users are still few and how much more if there is a massive increase of its numbers.
 
4977  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum is 5 years old today! on: July 31, 2020, 02:24:32 AM
Wow. I don't get noticed this until have read this post. Well, thank you for remembering this and I know that many of us have forgotten this.

Back then,
Ethereum has a good and very impressive start, market gain build-up compared to Bitcoin but along the race, Bitcoin still wins. It is that making Bitcoin dominating the entire crypto market while Ethereum dominating altcoins.  

This is credited by its developers and until now, everything still in the competition. Will it have to look at how this ETH 2.0 will give an impact on the market trend and sees how it becomes more adaptable to the people/investors around. A long journey for ETH continues and proven its potentiality which people put trust in this.
4978  Economy / Trading Discussion / Re: Am I missing something ? futures trading on: July 30, 2020, 11:42:52 PM
If you are looking at this a big venture as you don't do anything aside from trading, well, you might consider it.

Being a trader, one of our goals is to make money from it, increasing our fund from $1000 to $2000 would something to help but we have to understand that we are also fueling it to higher risk as we can possibly lose them all.

But anyway, I'm not holding your idea but just giving you some hints about the possible incoming. However, I also assume that you know already about this as you have been exploring this quite long. If you have strong courage and determination, then why not? And just @Ryker said, "don't be a prey".
4979  Economy / Trading Discussion / Re: Recommended Trading Bot. on: July 30, 2020, 12:55:28 PM
Hello I have read so many articles about trading bots, which trading bot do you recommend for a newbies and also for an advance users ?
I was also looking it by then and created this TOPIC
 to ask how bots can be of good help to become more profitable and work for us after setting it up. However, I was disappointed to know that Bots can't just provide what we wanted to be and can't rely on it to have a reliable positive output.

Maybe they are right and maybe I was hopeless then to have Bots that will work good (or at least). But I hope that you can look for it the same thing I do. And I believe that this innovative trading strategy will work great in the future, we only need time for it to completely develop into near perfection. That is why I will never to recommend something for you coz until now, I'd never find it.

Anyway, I hope this could help. https://tradingstrategyguides.com/crypto-trading-bot/
4980  Bitcoin / Bitcoin Discussion / Re: 12 Months of Onchain Data Shows Bitcoin Whales ... on: July 30, 2020, 12:14:59 PM
So these whales were just waiting for the moment that Bitcoin was in a cheap price to buy and when the market capitulated.
Well it's not all bad for the small fish because some of them bought at a low price and this shows how quickly Bitcoin can surge with having a scarce supply.
We are not sure but it might and we know that they think differently from those small fish/investors.

Whales are very influential in the market, they act smarter than in small players and quite they are simply looking for a big opportunity at the time when the market prices are still low. If this current surge is just hype, I was worried about how these small investors will gain profit instead of losing possibility.

It looks like it is impossible to be in the bullish market again if there is a huge market manipulation happen in the market. People will still get worried for the dumps right after the pumps as usually, we've experience.
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