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5361  Economy / Trading Discussion / Re: Bitcoin Bulls Near Exhaustion, Investors Should Be Wary on: June 25, 2019, 07:47:07 AM
Hopefully this prediction is right. This is the year for Bitcoin. BTC prices have almost increased 3-fold since the beginning of the year and can surpass $ 10,000 in the coming days. It can further increase to $ 20,000 by the end of 2019, and in the next two years, BTC can be valued between $ 50,000 and $ 1,000,000.
I guess this topic was created way too quickly after we reached to a level we were not even close to top, sometimes people are worried and I can understand that.

Worrying about something makes you defensive and makes you try to protect what you have and not attack on what you don't have, trying to figure out if the buyers will get tired of buying and will drop makes people either cash out or find ways to protect their profits which is still acceptable, maybe not as aggressive in profiting as the day traders or long term traders but at least not as bad as people who still keep their cash in fiat. That is why even though OP was super wrong I would still support his way of thinking just so he doesn't earn as much but he doesn't lose neither point of perspective.
5362  Economy / Trading Discussion / Re: Risks to consider before trading? on: June 25, 2019, 07:17:34 AM
Any other risks that I should be aware of before fully immersingm yself into trading crypto?

https://cryptotradernews.com/investing-trading/top-5-risks-to-consider-before-beginning-your-trading-career/


Let me know please, want to get as much help as possible!
I think you are right, the volatility is the biggest risk, right now bitcoin is about 11k, tomorrow morning we can wake up to bitcoin being either 5 thousand dollars or 15 thousand dollars and none of it would be shock to us, of course its always weird when bitcoin goes down 50% or goes up 50% but it is still not unbelievable and still not shocking, it is just either upsetting or very happy but not shocking.

This is due to bitcoin being so volatile that we are all used to it by now, we are not getting surprised about the incredibly weird movements of it. If you can get used to it you realize one thing though, if you win a lot of money all of a sudden you tend to cash it out and than waiting for a better price when it drops and if it drops than you wait because you know eventually it will go up.
5363  Economy / Gambling discussion / Re: Need partner to bet with on: June 25, 2019, 06:21:11 AM
i need partner who has an account in bet365 or planetofbets who is able to bet no less than 0.1 btc for some chosen matchs of foot-ball with higher odd 1.7 to 2.00  . for each bet he must give me 40% of the gain . i am expert in foot. only serious people plz
I understand that you are capable of predicting football matches accurately but not having enough money to bet with, right ? But , for that you never need all 0.1BTC to start with. I believe anyone may start gambling as low as 0.001 BTC too. Why not start small with your own funds rather than looking for a partner in an open forum where you are not having any reputation.

Moreover, other than your words, we are not having any proof for your level of expertness in predicting matches. On this, I am sure no one would be ready to risk their 0.1BTC as it will be simply equivalent to blind betting.

You may start giving here free and paid predictions on football matches which may lead to gaining reputation which will later bridge your partners. Yes, first you need to prove yourself before looking for easy money. Think everyone else like yourself. Will you risk your 0.1BTC with a random predictor ? I will not for God's sake.

I am the one to use other's money and get 40%
Life is not that simple by making others to believe just with line of words. I am sure no one will be here to partner with you until you prove yourselves with accurate predictions. I am not here to discourage you nor for anything related to that but pointing out what are practical and working ways.
5364  Economy / Gambling discussion / Re: 2019 NBA Season on: June 25, 2019, 05:14:48 AM
Lakers are always idiotic when it comes to financial management, they always fail at cap calculations and that has been a thing ever since Kobe was alone and playing there without getting any decent help until they got Odom and Gasol.

Now, they got Lebron and AD which I am quite happy because AD is young and can stay here for a long time but Lebron is old and unless they find some 3&D players quickly they are not going to content at all. This is the year they need to contend and if they do not get anyone specific for Lebrons needs they are not going to win anything, with Paul and harden fighting and getting older plus that many injuries in warriors, if Lakers can get some good shooters around Lebron and even semi-good defenders they have a shot at the title right away, without them there is no way they make it to conference finals.
5365  Economy / Speculation / Re: $10,000 is around the corner on: June 24, 2019, 09:11:12 AM
I still can't believe we have managed to break that 10 thousand dollars barrier, it has been soo long since we were above 10 thousand and even during last summer when we were at around 6.5 thousand dollars or so I was hoping for it to go back up, it reached like 8 thousand dollars for a while last summer but dropped back very quickly and you know what happened afterwards, there was a hope all the time but I was getting less and less hopeful about a bull run.

It is finally here and not even around the corner anymore, literally here, we are at around 11k right now and we can definitely consider ourselves lucky because it didn't happen very quickly like in a week, it took a while so if you wanted to invest then you had many opportunities to invest but if you haven't then it is your own fault this time.
5366  Economy / Speculation / Re: Here are the speculations how $1M/BTC might be possible in 2020... on: June 24, 2019, 08:27:58 AM
The one thing that is correct in this is the fact that FOMO has no technical analysis. You may check out any chart you want in the whole world but if people are all of a sudden feeling like bitcoin will go up then it will go up because the market works that way and prices do not go up because chart says so, sometimes chart says so and people react to it but that doesn't have to happen, its all deregulated decentralized currency so whatever people think will happen usually ends up as the result.

However, 1 million dollars is way too much for now, we would need a lot more money input and a lot less people selling however the more price goes up the more people end up selling their currencies to get more cash for living, profit realization is the enemy during that road.
5367  Economy / Speculation / Re: Bitcoin price update reach 10,000$ on: June 24, 2019, 07:25:28 AM
I still can't believe it took this quick to reach 10 thousand dollars. I was expecting it to be over 10k this summer but I wasn't expecting it to be this quickly into the summer, if we reached this quickly at this stage of the summer, do you think we can hit 20 thousand dollars before the summer ends?

I can't help but laugh at people who thought last December would be exactly like the previous december when bitcoin goes up but as we all know now the price was going down during last December whereas last summer the price went down yet its going up right now which shows you just because something happened once in bitcoin doesn't mean it will happen again neither. There is always a chance bitcoin do something when you least expect it to do and that is why I can't even think of what the potential of max this bull run will be like.
5368  Economy / Speculation / Re: Network fees as market indicator on: June 24, 2019, 06:44:48 AM
I think it is markets going up that affects the network fees not network fees changing affecting the market. What I mean is if the price of bitcoin goes up then the people who see that get more interested in bitcoin which means there are more transactions which causes the network to have higher fees, however network fees do not get higher before the price goes up or something, there needs to be a lot of transactions and that only happens with hype so network fee can't know about it beforehand. That is why its never a good "indicator" its just something you can basically confirm the market with, if the network fees are higher there is a good chance the price is higher as well, it doesn't even to be higher neither but at least that would make sense but its never "if network fee is higher it will go up too" type deal.
5369  Alternate cryptocurrencies / Altcoin Discussion / Re: Dump is not always a good idea on: June 23, 2019, 05:43:30 PM
Nobody really thinks dumping is a good idea but there are multiple stuff happening before someone actually dumps a coin. I mean you have people who need money and their income is bounties and airdrops that sell the coin right away, you have people who need money urgently because of some real life problems, you have people who got in and liked it but then found something bad about it and want to get out as quick as possible.

There are unlimited number of reasons why people may want to get out of a coin and they may dump all of it right away to get out which may affect the coin but since they sold theirs there is nothing wrong for them and they don't care. Hopefully it will slow down and people won't sell this much on the early days in the future but right now that seems to be a thing for a little more while.
5370  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum is slow in price? on: June 23, 2019, 04:55:19 PM
It is actually not that slow. I know that in bitcoin terms it is not looking like it is going up that much or even dropping in the past week but if you look at the dollar value bitcoin has been going up a lot so the ethereum dollar value has been going up as well, in fact ethereum has dropped in bitcoin less than bitcoin went up in dollar value so ethereum actually worths more in dollar value.

In any case we would like to still keep an eye on it and should be investing soon because if bitcoin stops going up or keeps going down (basically anything but going down) ethereum will eventually go back to what it was in bitcoin value and that would mean increasin in dollar value by double easily. I don't know if it will happen anytime soon but I am sure it is on its way.
5371  Economy / Economics / Re: The Central Bank of Facebook on: June 23, 2019, 03:27:41 PM
Any time I see these companies making a new thing that would affect the whole world I remember fight club. In fight club there was a scene where the narrator (edward norton) talks about how in the future when we have space exploration it would not be colonies of nations or governments but it would be more like planet starbucks or something like that where basically he says space will be conquered by corporations.

Facebook has already tried to send a 200 million dollar something into space with spacex, now they are making their own currency as well, Libra will be the facebook currency, what stops facebook from having their own nation in the future? They could literally bribe their way into some island and buy it and basically run it, they even have their own national currency with Libra.
5372  Economy / Economics / Re: How Will FB Coin/JPM Coin Impact the Cryptocurrency Ecosystem? on: June 23, 2019, 02:50:34 PM
I think the facebook libra will have a positive impact on us if I understood it properly. Now from what I heard so far that the name will be Libra and they are considering making it a stablecoin as well which means that it will be like usdt for example which is still a blockchain technology based thing but pegged 1 to 1 which is still acceptable.

I normally do not like stablecoins because I have hard time believing the one to one ratio thing but considering now it will be done by Facebook there is a high chance they are actually going to pull it off and have a 1 to 1 because they are literally worth hundreds of billions of dollars with three amazing huge companies. I think if we just show them support on this we can have a proper stablecoin unlike all other scam ones.
5373  Economy / Economics / Re: Repeating of all time high has begun on: June 23, 2019, 02:20:22 PM
I would totally believe bitcoin going back to 5 thousand dollars that is not a wild speculation, I mean we have seen bitcoin go from a lot more to a lot less so if someone told me bitcoin would go to 5 thousand dollars I would believe him and if someone told me its going to 20 thousand I would believe him too. However saying that bitcoin will be going to 5 thousand dollars because of the middle east and Iranian situation and the money going to gold is really just stupidity.

Even if it does go to 5 thousand dollars it would have nothing to do with Iran and gold at all. I live nearby and I can tell you that gold is always bought and in the end they just smuggle it across any border and pay bribes to big officials and just sell it there without any problems at all.
5374  Economy / Economics / Re: THE BITCOINS AND THE UNDERDEVELOPED WORLD on: June 23, 2019, 11:40:05 AM
Another good thing about bitcoin is that it will allow these people from underdeveloped world to gather enough money from the first world countries to actually go live there as well. A whole life change in just one currency.

If you can find a job that is paying you 100 bucks a week that is about 5.2k a year and I know its still not enough to live in a country like USA for example or UK but it would be not that bad to live in an eastern European country for example, still not rich, quite poor but I would rather be poor in a eastern European country like Ukraine then live in a Sudanese village for example. That is why it is always a great thing to bridge people worldwide with bitcoin financially so they can save themselves from the impending forever starvation and just give them a boost.
5375  Economy / Trading Discussion / Re: Do traders make more money than holders? on: June 23, 2019, 10:35:48 AM
I think it all depends on the market as well. If you are a trader during the bull market buying and selling is a bit risky because you may buy at 7 and sell at 8 and rebuy at 9 which would mean you lost that 8 to 9 period yourself and the holder bought at 7 and sold at 9 so they are in more profit.

However, if it is on a bear market then the trader can make more money because they can buy at 9 and sell at 8 and rebuy at 7 which means they dropped the average however the holder bought at 9 and sold at 7 which lost them money. So, instead of how good a trader is or when the holder bought the coins at, its more about how the market is doing, if it is bull then holder is better in my opinion and if it is a bear market then the trader will be in more advantage thanks to making less loss.
5376  Economy / Trading Discussion / Re: Keep proper distance but not losing passion on: June 23, 2019, 09:46:56 AM
I think the difference here is one is talking about not trading during crazy times of crypto world itself and one talks about not trading during your best hours. Sometimes, people are not on their best case mentally, you might be tired, you might be angry at something, basically you might be either emotionally or physically in best shape and that means you are not in the best time of your life to trade, trades during those times usually end up being filled with emotions and result with bad results.

However, trading during crazy crypto markets when it goes up or down a lot due to volatility could be depending on how good you are, if you are a good trader you can make profit at anytime, if you are not then it is risky. Those are very different two things and should not be mixed.
5377  Economy / Trading Discussion / Re: Kucoin lists BNB in anticipation of Binance US users being locked out in 80 days on: June 23, 2019, 09:08:34 AM
The fact that they are adding BNB is important of course because even if its just for a while BNB will be still used and traded by the american users which is a demand and they should never be left out even if its just USA. However, the more important part I have seen in the announcement is the binance chain coins as well, does this mean if binance does IEO and they put a coin on their exchange with IEO funding going to the coins owners, Kucoin will also list that coin as well?

If that is so that right now making a new coin via IEO on binance chain is very lucrative since you get to be listed by both Binance and Kucoin at the same time from day 1 and that is really important, having those connections make a coin worth a lot more than it should and would create a huge hype for it right away.
5378  Economy / Trading Discussion / Re: Price Increase Market is good again. on: June 23, 2019, 08:11:41 AM
I am feeling much better now, I was scared for a while that once we hit over 9 thousand again we would drop again, we recently hit above 9 thousand once but then we went down, now we are going up again and this time around it didn't went back down which made me feel a lot more comfortable. Now, we need to find the new top, we know right now buying bitcoin may not be a good idea or it could be a great idea but selling it makes no sense for sure, you can have questions about when to buy but I am 99% sure you should not sell right now.

Considering that fact I think we need to figure out the big resistance and where it is, I can see 11.5k is a bit tough and all but doesn't seem like it would be the biggest challenge, maybe 12.6k could create a problem since its too soon after 11.5k? I don't know.
5379  Economy / Gambling discussion / Re: NBA to launch virtual sports betting game on: June 23, 2019, 07:34:37 AM
I don't like simulation, why don't they do it on the actual 90 seconds of a game where people can bet and the NBA will have like a commercial break for a minute or two where people either can bet on casinos and what not but mainly also on the computer via some website as well. That way the last 90 seconds will be open to betting thanks to giving us some time with the time out but at the same time still real life and not a simulation.

On simulation I would never know how they did it, like in 2k you can make your guys go 99 overall and I wouldn't know about it so what if the simulation is like that and Charlotte comes back from 20 points and beats warriors in the last 90 seconds? Who knows what will go around in those things, that is why I would rather not risk my money into it.
5380  Economy / Gambling discussion / Re: 2019 NBA Season on: June 22, 2019, 02:29:43 PM
Bol Bol is not as tall as his father but even with that fact he is a tall guy with a good shot, the problem seems to be his medicals. Normally he was seen around as a lottery pick but the medicals came out bad. Not like just now bad but as in its a lifelong thing bad where when someone is too tall and their legs rub against each other their knees get too weak eventually crack which for example what took Yao Ming out so early in his career, Yao could have played another 5 years if he was healthy.

So, any team that actually wants to have Bol Bol will have few good years with him for sure but dude will be at most 10 season player if not less. That is why nobody really wanted to pick him even though he is a good player. Denver seems to have a great medical team so they will do their best but suns has the best medical team I am sure they could have max his potential.
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