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521  Economy / Speculation / Re: cryptocurrency exchange hack on: June 21, 2018, 03:59:38 PM
Bitcoin eased further on Wednesday following its initial drop after the weekend announcement that South Korean cryptocurrency exchange had been hacked.

Other major cryptocurrencies also weakened markedly.

Bitcoin traded as low as $6,455.91 early on Wednesday Asia time, its lowest level since April. Bitcoin pared some of those losses to trade around $6,581.88 by 3:15 p.m. HK/SIN, according to CoinDesk.

Bitcoin had fallen around 10 percent over the weekend following news that South Korean exchange Coinrail had been hacked, with a number of lesser-known cryptocurrencies such as Pundi X counting among those affected. Bitcoin, however, was not mentioned by the exchange in its statements, according to Google translate.

The continued downward move was unlikely a result of last week's hack, which saw a limited level of damage caused, said Mati Greenspan, senior market analyst at eToro.

"The narrative that such a small hack caused such a large price reaction has definitely been overplayed," he said, adding that bitcoin's drop on Sunday was caused by a technical correction.

Over the last 24 hours, Bitcoin has seen a dip of around 4 percent, according to CoinMarketCap. So far in 2018, the cryptocurrency is down more than 50 percent.

Chart analysts have indicated that bitcoin's move below the $7,000 mark suggested a speedy recovery was unlikely.

As for other crypto assets, the last day has proven challenging.

Ethereum, the second-largest cryptocurrency by market capitalization, was down almost 7 percent in the last 24 hours, CoinMarketCap data showed. Ethereum stood at $496.47 at 3:15 p.m. HK/SIN, according to CoinDesk.

Ripple was lower by nearly 6 percent in the last 24 hours, according to CoinMarketCap. It traded at 56 cents at 3:15 p.m. HK/SIN.



For quite a bit I have got an idea that exchange wants to say that they are hacked but the truth is they hack themselves to spread FUD or anything that could make the prices to fall.
522  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you a bounty hunter? Check in now on: June 20, 2018, 07:12:41 AM
I am a bounty hunter started last March 2018, my goal is to add 1 project a day started yesterday well I've successfully added 1 yesterday and today added 4 bounty projects so now a total of 29 projects I feel so hard to manage everything where most of the campaign I joined is social media where it needs to create original article every post.

This thread is a survey:

How many projects do you promote everyday as a bounty hunter?
Is it hard to do a lot of bounty campaigns daily?
What is the best project you promoted now?

If I ever joined any of the bounties I would just focused on 1 bounty before going on another. I support the technology and not only for the money.
523  Economy / Trading Discussion / Re: Looking for guides on Cryptocurrency Trading on: June 20, 2018, 06:46:18 AM
Hey everyone, long time lurker but first time poster. I was looking for some more advanced guides, books or pdf's for trading crypto's effectively.

Anyone have any personal experience with these types of guides would be highly appreciated as I have started traded a decent volume over at bitfinex

Thanks everyone in advance, best regards, Dean.

Your best guides are your failures, your mindset, and your goals. And there are many things that internet can teach you, you should look it for yourself.
524  Economy / Economics / Re: Is it true that a whale moved 8k BTC? on: June 20, 2018, 06:37:36 AM
Hello,
I heard that there is a whale that moved 8k BTC to an exchange and that what caused the price to go down in addition of Stop-Losses being triggered.Is that true?What do you think? If it's true I consider it to be a big problem as we clearly see that whales manipulate the market easily which is harmful.

No, a whale didn't do that. It is the people like you that have the prices fall. The panicking, the fear. That's what the prices is going down because of people who are afraid like you.
525  Bitcoin / Bitcoin Discussion / Re: What if someone forgot the key to their bitcoin wallet ? on: June 20, 2018, 06:11:49 AM
What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?

If you ask me I would have recorded it somewhere in inside anything that would not be seen or hacked and I would also put it on paper.
526  Alternate cryptocurrencies / Altcoin Discussion / Re: Decision in panic! on: June 19, 2018, 05:31:21 PM
Have you ever take wrong decision when you were panic. share your experience

My bad decisions that I ever had if I panic is that I sell to easily and try to buy into FOMO if I ever know that I was being left out by big profits.
527  Economy / Trading Discussion / Re: Trader and drops of water on: June 19, 2018, 05:05:13 PM
Trader and drops of water
When you really enter the crypto market, you can not avoid the trade crypto. So you also need the skills of a trader whether you are a holder or not.
Make profits like drops of water:
- Patience: This is the virtue of a good trader. You must looking for reasons not to enter orders instead of always wanting to make a profit.
- Earn 1-2% profit per transaction. why not? Always set a goal of just a few percent. It's like water droplets, let's imagine the droplets flowing, it will be full.
- You do not have to enter orders every day, every hour. Find the best entry point when all the signals you have overlap. Always avoid to lose before you earn profits.
This is not exactly advice, just the experience I experienced. Thanks for reading

Sometimes patience does not end so well if you are so down. It is still better to take action once everything does not go to your way.
528  Economy / Economics / Re: Cryptocurrency Market Could Hit $1 Trillion This Year on: June 19, 2018, 04:46:21 PM
"Cryptocurrency market could hit $1 trillion this year with bitcoin surging to $50,000, experts say"
Hopefully, it will come true!!!

It would be nice if you could say instead of "could" it would be "would". Everyone is also hoping for that and that is why the big whales will delay the take-off of the prices.
529  Bitcoin / Bitcoin Discussion / Re: Bitcoin is one and only no matter what on: June 19, 2018, 04:20:49 PM
In my books bitcoin is one and only no matter what people say and or how they try to manipulate situation. I KNOW what bitcoin is what it stands for as for rest ... meehhh...
I will take into consideration something else when I can exchange it 1 bitcoin = 1 (something) .... but until that day Bitcoin is the king baby Smiley 

If everybody in the world will finally understand what crypto currencies are then they would likely go and try to support another coin that would greatly stand up against Bitcoin.
530  Economy / Trading Discussion / Re: BTC: where is the market going on: June 18, 2018, 04:22:17 PM
Hello!
Sometimes we need to look at the charts, so that it becomes clearer where the market is now and where it is going to go further.
I decided to publish two graphics for bitcoin. Perhaps it will be useful for someone.

The first graph is the bitcoin schedule from February 2017. Here you can see the main trends. As we see the price has reached an important level of support and the decline has stopped.


On the second chart, a shorter period for information is happening right now. Here it is important to see that the fall occurs at large volumes, and growth occurs at low volumes.



Of course, it is difficult to make predictions on the crypto market, but based on these graphs, I can make a guess that the price may still fall in the near future.
I can assume that the bitcoin price will break down support at $ 6,400 and the price will go even lower. I think that only after this the market will begin to turn upward and we will see a new wave of growth.

This means that it's better not to rush to buy while waiting for a better moment for it.




I see that the prices of Bitcoin is going on sideways. And in fact that it is preparation to go up or go down down. So let us prepare and always check the price of Bitcoin.
531  Economy / Economics / Re: Why all people moan about the price of bitcoin? on: June 18, 2018, 04:02:31 PM
The forum is full of topics - “When Will Bitcoin Be Back To $...”, “Why BTC is under $...?”, “Final bottom at $...”, “Why BTC is down again?”, “Bitcoin will rise again ?” etc. The last two topics may appear in various forms  a dozen times a day.
I looked at graph price of BTC out of curiosity. I have noted to the price floor:

2015 - $200+
2016 - $300+
2017 - $700+
2018 - $5000+


Do you see something frightening in it?

We all can see that price drops because of actions by a Governments and big whales. Because they have the means and opportunities. They want to break into the our market on advantageous terms for them. Okay, well, I mean, that makes sense. We knew it would happen. But why that have to affect us?

In December 2017, the most people said - "Why I didn't buy BTC for $500… for $1000… f#ck it!.. for $2000...", "I will definitely buy BTC if it costs $7k-6k!..". But now when the price drops so well for us, we see "The demand for BTC is dropping". Seriously?!

So, instead to take advantage of the situation, buy up coins and altcoins, attract new people in crypto world more active than before, a lot of people stuck in indecision and think whether crypto market falls to the bottom and stays there.

Guys, are you serious? Crypto world is made by us. Governments and big whales haven’t any tricks to rule our world. It will happen only if we do nothing.

What do you think about it?


It is so obvious that they have had bought at the peak and Bitcoin went down drastically. They are not just meant to be a trader if they complain a lot.
532  Economy / Speculation / Re: why now all coins are going down and when are they are are going to stable on: June 18, 2018, 03:46:54 PM
why now all coins are going down and when are they are are going to stable ..any idea pls  help me because i have invested around 100000USD into crypto in last year

If you are so worried in your investments then why did you invest in the first place at all? A person like you that worries a lot should never get into investing and trading.
533  Economy / Economics / Re: Do you spend less bitcoin/alts now? on: June 17, 2018, 04:06:02 PM
I hold bitcoin and I was thinking if it was going up I would spend some, just a little bit, as a way to cash in my profits. But with the current market I just hold, I don’t want to spend my coins at such a cheap price because it will feel like a loss to me.

Do you feel the same way? What are your thoughts?


I do spend less Bitcoin or any altcoins since it was on all-time highs. I would never sell some good long term coins for some temporary items or food.
534  Economy / Trading Discussion / Re: Investment i Altcoin on: June 16, 2018, 01:32:46 PM
Hi

I have 300 Euro and want to make some profit . So i want to ask you all whichcoin i should Invest in. I want to Invest in Small Caps Altcoins so i can make quick profit, withhigh risk and high reward. Anyone have any suggestion.



You should try to pick an altcoin that doesn't have any news about it yet but has a good background and team that makes it work behind it.
535  Economy / Economics / Re: Why we must study Economics at University? on: June 16, 2018, 01:18:40 PM
Most probably in this section are users that are interested mostly in Economics, so I want to know why Economics attracts you?


It depends on the person if they really want to study on that kind of field. They will eventually pick the field they like and we need it. Since we can't just be an economic person for all of us. Won't we?
536  Economy / Speculation / Re: Is bitcoin price can be manipulate by the others? on: June 16, 2018, 01:04:51 PM
from january 2018, bitcoin price is always changing, a suddenly increased but after a second deep dropped will surly exist. it is the vise versa of bitcoin price last year (2017). until now the price of bitcoin from january upto now (june) is still dropping. so i was wondering if theres a group of people behind this bitcoin price drop?

Yes, if those person have some huge Bitcoin in their hands they can actually make a lot of manipulation about since because crypto market is so decentralized.
537  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think that STABLECOINS are needed in the future of crypto payments? on: June 15, 2018, 04:04:10 PM
Do you think that STABLECOINS are needed in the future of crypto payments?

If you have an opinion on this subject, leave a comment, or follow this link and cast your vote Wink https://twitter.com/CP_Processor/status/993797972860301312



Yep, we need a coin to be at a stable price so that we can use it as a payment method. USDT is kinda stable but it really follows the dollar.
538  Economy / Trading Discussion / Re: Bull market on: June 15, 2018, 03:10:48 PM
How much of an increase is considered as a "bull market"

For me, a bull market is when everything is going up and not only Bitcoin. It is precisely an uptrend with a small down turn but also will eventually go up.
539  Economy / Economics / Re: You’ll Someday Manufacture Anything You Want and Governments Will Not Stop You on: June 15, 2018, 02:53:29 PM
Quote
From DIY guns to designer drugs, classic-car parts, and human livers, 3D printing promises a dynamic and uncontrollable world.

In the very near future, governments will lose the ability to keep guns, drones, and other forbidden goods out of the hands of their subjects. They'll also be rendered impotent to enforce trade and technology embargoes. Power is shifting from the state to individuals and small groups courtesy of additive manufacturing—aka 3D printing—technology.

Additive manufacturing is poised to revolutionize whole industries—destroying some jobs while creating new opportunities. That's according to a recent report from the prestigious RAND Corporation, and there's plenty of evidence to support the dynamic and "disruptive" view of the future that the report promises.

It's all pretty cool, if you look forward to a future that just won't fit under rulers' thumbs.

"The simplicity and low cost of [3D printing] machines, combined with the scope of their potential creations, could profoundly alter global and local economies and affect international security," write RAND's Trevor Johnston, Troy D. Smith, and J. Luke Irwin in "Additive Manufacturing in 2040."

To their credit, the authors see additive manufacturing not only as a "disruptive threat," but also as a "powerful enabler." They quote one industry expert who raves about the potential to "print electronics, insulators, conductors, plastic substrates all together without degradation." Likewise, a health expert tells them, "The medical field will be transformed dramatically … We will be able to print livers, or we can print pieces of arteries for heart surgery."


The authors also note that 3D printing represents a loss of control by government officials. Five years after the creation of the first 3D-printed firearm by Cody Wilson, the RAND authors see technology continuing to re-balance the power relationship between individuals and the state.

"At the domestic level, point-of-sale consumption will no longer be an opportunity for governmental control of risky goods, such as firearms and drones," they write. "State sovereignty is predicated on a monopoly of force and, at a minimum, the capacity to regulate arms. [Additive manufacturing] will further relax this control, giving private citizens greater access to lethal weapons and other tools of violence."

Not mentioned in the report, but noted in a related RAND article, is "the potential for new street drugs, custom-printed from chemicals."

Yes, this could mean—as the report foresees—more risk of crime and terrorism in the future. The authors pose scenarios in which terrorists penetrate targets unarmed and use existing 3D printers inside the defensive perimeter to create weapons.

OK. Maybe.

But criminals and terrorists are already pretty well supplied around the world, via black markets, state sponsors, and often their own manufacturing capability. Forget ISIS—it's the shopkeepers afraid of crime and denied the means of self-defense, or the deliberately disarmed and abused minority suffering under a hostile government, who are most likely to find the acquisition of arms easier courtesy of new technology.

Additive manufacturing also eases the availability of spare parts—especially in isolated settings and for old or unusual equipment. That's why the United States Marine Corps has embraced the technology for fabricating replacements in the field, and fanciers of classic cars see 3D printing as a great alternative to hunting for rare parts and paying through the nose for the privilege.

"When a product fails and certain replacement parts are unavailable or scarce, 3D printing offers a means for a quick and efficient repair," noted a paper presented at the 2015 Product Lifetime and the Environment Conference.

And the innovations that keep weapons functioning in the field and vintage cars cruising the roads will just as easily benefit an airline forbidden to make purchases on the world market. Subject to international sanctions, Iran's domestic airline "had become infamous for its crashes as the aging fleet struggled to fly using only 'smuggled or improvised parts,'" notes the RAND report. But the company is gaining the ability to make what it needs.

This "might reduce the number of accidents," sniffs the RAND report, yet "that benefit comes at the cost of weakening the effectiveness of sanctions, which represent a basic tool for managing geopolitical challenges." But many observers might think that it's a positive development when end users can create critical replacement parts on the fly, even if it deprives squabbling politicians of the ability to hold airline passengers as hostages.

A technology that can fabricate replacement parts at the point of use can create a lot more, too. Johnston, Smith, and Irwin cite estimates that 10 years from now, additive manufacturing will be responsible for between 5 and 50 percent of goods sold, and up to 90 percent two decades out.

That scale of industrial transformation is likely to mean big changes in where and when goods are produced—potentially creating (the authors say) new dangers. They open the paper with a hypothetical attack by terrorists radicalized by high unemployment in their country because "factories that once assembled more-specialized goods have been replaced by local [3D] printers in the markets to which those goods were once exported." But that's only looking at what's lost—considering the horse-drawn carriage makers, to use an old example, without also acknowledging the automobile manufacturing jobs that came to replace them.

Later in the paper, the authors concede that "business opportunities that do not even exist yet, such as the production of human organs, could emerge" as additive manufacturing progresses," and "thus, products and perhaps whole industries could move to different locations in the figure even as the frontier itself advances."

Well, yes. Dynamic change can be disruptive, but it also means new opportunity and prosperity.

The authors also worry some about the potential for new hacking targets posed by 3D printers, in which software change might result in sabotaging a whole run of products. But that sort of danger pales compared to the dangers posed by cyberattacks on existing large-scale manufacturers, who would seem to represent much more tempting targets than a decentralized world of small printers.

To me, the ratio of risk to reward in additive manufacturing recommends a firm embrace of the technology. But even if it didn't—even if I were to join the control-freaky among us, panic, and try to cram the genie back in the bottle—it's too late to turn back.

Additive manufacturing "machines could soon be able to replicate themselves, with organizations such as RepRap and Fab@home providing freely available open-source schematics on how to manufacture the necessary parts," Johnston, Smith, and Irwin notes. Soon, "point-of-sale controls will not be able to limit (or even track) the proliferation of" 3D printers. And if policymakers try to control the creation and exchange of disapproved designs, "online communities, black markets, and other venues for exchange will make any number of plans and designs readily accessible worldwide."

So rolling back the DIY revolution, or somehow crippling or tracking 3D printers, is out of the question. Instead of fretting about the latest wave of empowering innovations, let's embrace them. Sure, they pose some potential dangers, as does every new development. But they also offer the opportunity for individual empowerment, growing prosperity, and wild new possibilities in a world where governments are less able to restrict, disarm, and otherwise bully their subjects. And that uncontrolled future is coming whether anybody likes it or not.

http://reason.com/archives/2018/06/12/you-can-soon-manufacture-anything

With bitcoin having potential to empower society and neglected unbanked demographics via paradigm shifting banking, finance and investment back into the hands of the individual. It might be worthwhile to acknowledge other innovations like additive manufacturing, 3d printers, which have similar potential to reshape business and economies.

Individuals being able to produce their own goods, guns, drugs, electronics could have a powerful decentralizing effect upon industries like healthcare which are often expensive and unaffordable. It is possible an alliance between crypto and DIY 3D printing could represent a natural progression for both industries.

Well, I doubt that, because somehow if the Government notices you as a threat to the economy, then they will try to stop you will all force.
540  Economy / Speculation / Re: who else has the feeling that bitcoin will keep going down? on: June 15, 2018, 02:06:20 PM
Just a theory.... I think it could go down below $6k and then start bouncing back to new highs.

Me too, I bet it would stay at the levels of $5,000 then would try to bounce back up again. But we should always tell this since big whales are trying to break for what we expect.
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