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521  Economy / Speculation / Re: How High Will Bitcoin Go In 2019? on: June 25, 2019, 05:51:47 AM
Right now, BTC yearly high stands strong at $11,300. It looks as if that could get broken within the next week or two. How high do you guys think Bitcoin will go this year? I see some analysts calling for another run up to 20K. I see others calling for 30K+. What are your guys thoughts on how high this market could go? Also, what do you guys think of this article? I think $11,300 could just be the tip of the iceburg

Article - https://tipestry.com/topics/5d11151013fe3c5fa63e1009/bitcoin-tops-113k-to-hit-fresh-2019-highs
I am speculating that bitcoin will create a new high this year and it might be above $40,000. We are I good position now because no one is speculating bearish conditions now and that means fundamental bitcoin will be going up and this year is going to be better than 2017 in term of market conditions
522  Alternate cryptocurrencies / Speculation (Altcoins) / Re: what do you think is the best move right now ? on: June 24, 2019, 08:16:37 PM
what do you think is the best move right now that the crypto market is taking steam ? The crypto market is currently going up, should we buy more ? or should we hold on to what we already have ? and why ?

It is risky to invest when the market is in the overbought area because it is possible to sell out of panic during corrections. General people will tell you to buy but it is risky to do so except you have been in this market for long and you have a long term trading and investment in your mind.
523  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you still investing in ICOs? Let me know! on: June 24, 2019, 07:27:42 PM
ico still has great potential even though it has been bad in the eyes of  investor but I personally think it is difficult to find a potential ICO and now I prefer the IEO to the ICO
I have invested in tokens and many of them have been abandoned by the developers and because it is an online investment it is difficult to bring justice on this. I have decided to only invest in those coins and tokens that are listed in the market as it is cheaper to do so than buying during ico. I think why ieo is been favor by investors now is because of being able to sell whenever you wish.
524  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is the altcoin bull started on: June 24, 2019, 06:56:43 PM
I think we are still in the stage where BTC growth is dominant. If the pattern that we have seen before does repeat this time, then the alts would only start to take over the growth once BTC has stopped increasing, which hasn't happened yet.
I started thinking what is happening to coins like: zcash, dogecoin, stratis, lisk and dash! Some of this coins actually performed very well in 2017, whenever Bitcoin is growing those coins were following suit but things real had changed this time around and that makes me agree with you that " when bitcoin stop growing those coins will start to recover"!
525  Economy / Gambling discussion / Re: gambling ends on: June 24, 2019, 06:36:10 PM
Gambling is already an industry and no matter what happens it's the part of every culture in this world so just accept the fact that it'll forever be there and no one can stop it. Even the government can't stop it so they decided to regulate instead and make a tax from it so to make a win win situation over those syndicated groups.

 
I also did not see anyway governments can ban gambling especially the online one. It is very difficult and gambling cannot come to an end as far as human beings are remains on the earth. I have tried to advise tax agency in my country also of "tax the gambling players in other to be able to make money from it instead of demonizing it".
526  Economy / Speculation / Re: Bitcoin price should be $14,000 - Tom Lee on: June 24, 2019, 03:20:33 PM
Bitcoin should increase the price in a stable way because sudden growth is not good. Before increasing its price, the Bitcoin should consolidate because weak hands will sell the Bitcoin and they will exit from the market. In this way, the prices of altcoin and Bitcoin will in a stable way.
It is good that Bitcoin price should be stable but it is not a stable coin and we should never expect it to be. Investors and traders will not allow that and the earlier we understand this the better for us. The up and down of bitcoin that has happened over time is what makes it remain popular and without that, it could have not gotten to were it is today
527  Economy / Gambling discussion / Re: Fans Can Bet Crypto on Twitch’s Top Streamers on: June 24, 2019, 12:44:59 PM

I have only found 3 streamers in the site and they all suck at playing the game. Just look at their win rate ratio.


Seeing their win rate ratio I would rather bet on the professional games or tournament than risk on their win rate.
I think it is much more better since we would know who their opponent is and their opponents strength and know who is going to be dominant and who is the under dog of the match.
I am not good in playing the game and I do think that betting on other professionals is better than trying to play a game which you know you will lose. I have been betting on football betting and I have won some and lose some but it is still better than the one I play myself.
528  Other / Politics & Society / Re: U.S. Lawmaker Calls For Facebook To Pause Cryptocurrency Project on: June 24, 2019, 10:19:19 AM
Some news tends to claim that Libra boost Bitcoin price. If lawmakers blocks Facebook from even launching "Libra", what do you think the impact will be for Bitcoin Price? Does it have any impacts at all?


Maxine Waters, who chairs the House Financial Services Committee, said Facebook should halt development of the product, dubbed Libra, until Congress and regulators can review the issue, and called on company executives to testify before Congress.
Quote
"Facebook has data on billions of people and has repeatedly shown a disregard for the protection and careful use of this data."
she said in a statement.
Quote
"With the announcement that it plans to create a cryptocurrency, Facebook is continuing its unchecked expansion and extending its reach into the lives of its users."
Reuters
I do believe that the development of libra coin will continue and Facebook will sort out all the legal matters. It is good Congress takes a position on this in other to protect the influence of this coin on dollars. Bitcoin had been growing before the idea of this libra coin and that is going to continue. Bitcoin has a large share of the market already and I don't think that stopping libra coin will affect it grow.
529  Economy / Speculation / Re: We hit 11k what comes next ? on: June 24, 2019, 06:06:36 AM
The next thing that is going to happen is that: people will be taking profits from the recent gained especially the day traders. I believe that bitcoin after little correction which might have happened maybe heading towards $15,000 landmark and by then some investors will still take profit again before another explosion towards $ 25,000.
530  Economy / Gambling discussion / Re: Hospital That Treats Bitcoin Gambling Addicts? on: June 24, 2019, 05:47:11 AM
There is a hospital in Scottish that treats people that are bitcoin addicts or some who are addicted to bitcoin gambling.

Crypto trading or bitcoin gambling can be considered is a classification of behavioral addiction, with investors are always checking the coin graph and those who keep betting until they get bitcoins. If you knew yourself is being addicted to gambling, it's time to go to this hospital.

We don't have this kind in our country because there are no known cases of Bitcoin gambling addiction yet here in our country but this could become a model or some sort of pioneer in this field but you did not mention the name of the hospital, it's important in case there's someone nearby who wants treatment.
Gambling addict exist everywhere and apart of those that are here in this section that they aim is to posts for a signature campaign I don't think we have much here that is not playing gambling. Open hospital to treat gamblers is good but limit it to only Bitcoin traders and bitcoin gamblers is another hidden attack on Bitcoin and that is were I disagree with the idea of this particular hospital.
531  Economy / Trading Discussion / Re: Chinese Crypto Trader Committed Suicide ( lesson for all crypto traders ) on: June 23, 2019, 05:11:04 PM
This is really sad news and my heart goes to his family and loves one. It is a big and hard way to learn. High leverage is not different from gambling and having a mind of double your earning is a temptation to lose. If you want to remain in trading for long then always invest money that you know if you lose it you will not commit suicide or putting your family and your life at risk.
532  Economy / Gambling discussion / Re: Hospital That Treats Bitcoin Gambling Addicts? on: June 23, 2019, 01:02:03 PM
There is a hospital in Scottish that treats people that are bitcoin addicts or some who are addicted to bitcoin gambling.

Crypto trading or bitcoin gambling can be considered is a classification of behavioral addiction, with investors are always checking the coin graph and those who keep betting until they get bitcoins. If you knew yourself is being addicted to gambling, it's time to go to this hospital.
The hospitals will definitely go to be out of business in no time as Bitcoin trading and the gamble is not a disease to be treated in hospital and the hospital will not get customers or clients. Trading and gambling are ways of making money! It is when it goes against you that you lose and few people may be addicted to them and if you are making money from both trading and gambling I don't think there is anything wrong with that.
533  Economy / Trading Discussion / Re: I GOT BURNT TODAY on: June 23, 2019, 10:04:32 AM
Surely. i entered the market at its peak.  Cry Cry Cry Cry. i doubt if i will survived this epic move of mine. btc was at 11,000K. i never checked TAs and just entered. i pray i recovered my money back. actually, it was FOMO. to be honest.
you buy at the wrong time but that does not mean you are going to lose your investment fund but you have to be patient and wait for a little for that to happen. It is good we use technical indicators in finding if the coins are at the overbought or oversold areas before making an informed investment's decision.
534  Economy / Gambling discussion / Re: Africa Cup Of Nations 2019 - Discussion Thread on: June 23, 2019, 07:57:30 AM
Copa America, Euro U21, Women's world cup, and now the Africa Cup...Summer is stacked with football.

Nigeria vs Burundi at 7 mp gmt today. I will like to hear from you what you think will happen. I place a bet that Nigeria is going to win Burundi 2.1. It's going to take place at Alexandria stadium in case you desire to watch the match live.
I literally had to Google what Burundi was LOL I'd say Nigeria to win, with the likes of Iwobi, Mikel, and Chukwueze on the team, is 100% the safest bet.

I feel like the "real" Africa Cup starts in the KO stages after all the low-tier are out of the competition so I'm not gonna pay too much attention to it until then.
I hope you watch the match at the end of the day and Mikel was really not done well in the match. However, Nigeria win 1:0 at the end of the day and that is a good way to start. Hope the team performs very well in the subsequent game.
535  Other / Off-topic / Re: Where did you get the inspiration for your username? on: June 22, 2019, 08:17:37 PM
When I was small I know of a king that was living across the River adjacent to our village. This man was a righteous man and my mother did ”say he has lived for more than 115 years”. It is because of my curiosity about the identity of this man that my mother began to call me ”omonu” and I added yak to make it omonuyak. This name has followed me to the extent that I hardly used my name for anything that requires a username.
536  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Surpassed $9k, would it be possible to overtake $10k or higher? on: June 22, 2019, 07:48:23 PM
Bitcoin tested $11,000 plus today,  smashed the $10,000 now lots of investors are looking forward to $20,000 as the next step towards achieving up to $100k before  the year 2021
That is great and I am happy Bitcoin was able to make this great bull run early this year. Many people were saying that it might take to the end of the year before we began to see $10,000 but Bitcoin traded as high as $11,180 in some exchange today and that is really great to me. Hope we see more bullish trend some weeks and months to come.
537  Economy / Speculation / Re: Is the upcoming Bitcoin halving triggering the rise of Bitcoin? on: June 22, 2019, 07:03:45 PM
So we have Litecoin halving coming up. The media is talking about the Bitcoin halving coming up next year. That should push Bitcoin to ATH?

At the end of the day, miners need to become profitable so I think that will force the price of BTC to rise as the halvings occur. Forget 2020, I am more excited about the one in 2024 which will really reduce supply.

Any lost Bitcoins are gone forever and not replaced so that should also reduce supply over time. Scarcity will keep Bitcoin value on the rise over the long term.
I think bitcoin is becoming something that poor people may not be able to use it in future based on the way things are going. If we are having halving in 2020 and the market has started to react to that now that we are in 2019 it means by 2020 June bitcoin may be above $100,000. I am hearing about this reduction in supply of bitcoin by 2024 and that is going to create scarcity and bitcoin may be more than $1,000,000 then.
538  Economy / Trading Discussion / Re: How to Buy The Dip on: June 22, 2019, 05:21:07 PM
Hello traders!

I hope the previous trading guide was very useful for you and I know that this will also come in handy!

A lot of people want to jump in when they see the price has fallen down! But not always they choose the perfect moment. Well, you have to do your research because the price might still go down when you buy!

Trust me - I know this stuff, I bought Bitcoin when it fell to $13 000 from $20 000 and thought, YES!!!!!! This is my chance! Also, my dad transferred me $3 000 to invest in bitcoin and ethereum. Because I said that this is the lowest point!  Roll Eyes

You all can understand how that turned out for me...

So here is my new guide - or you can say it is the second part of the trading guide - https://paybis.com/blog/how-to-buy-the-dip/
It is very difficult to know an end to trend and we can only take advantage of dip that is when traders decided to take profits. Because the trend has not ended there are needs that you do places stop loss order. Remember that trading is risky and protecting your capital is one of the right things to do if you want to succeed in trading.
539  Economy / Gambling discussion / Re: Africa Cup Of Nations 2019 - Discussion Thread on: June 22, 2019, 04:54:00 PM
Nigeria vs Burundi at 7 pm GMT today. I will like to hear from you about what you think will happen. I place a bet that Nigeria is going to win Burundi 2.1. It's going to take place at the Alexandria stadium in case you desire to watch the match live.
540  Alternate cryptocurrencies / Speculation (Altcoins) / Re: NEO Includes the Best Performing Coins in 2019 on: June 22, 2019, 02:17:15 PM
Since the beginning of the year, the NEO has risen from $ 7.50 and a market capitalization of around $ 490 Million, and is now trading around the price of $ 13 and a market capitalization of $ 940 Million.

When you hold a NEO in a particular wallet, you get a GAS in return. This is because the NEO uses the Proof-of-Stake blockchain, which means that it is one of the crypto coins that gives you the ability to get a currency while doing nothing.

With this feature, holding a NEO almost guarantees you get a 4-6% return per year and you can calculate your potential return using the calculator that they have provided.
I think neo is still current undervalue and its performance during this bullish trend is not a surprise to me. I hold a few of its units and it is really growing and continue growing as I believe that neo ought to compete with a coin like ethereum. Among those coins with low capital to invest, I think neo provide the best opportunity and if you buy now you will not regret your investment decisions.
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