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541  Economy / Economics / Re: What will happen if the all countries convert to cryptocurrency? on: September 16, 2018, 11:27:58 AM
If it happens it will be very interesting. We will make a quick and convenient payment on a daily basis using crypto. But I think it's impossible. How do governments and banks accept crypto? Most crypto are decentralized. and they can not control them.
Yes, that's right, today there aren't many governments in the world that accept bitcoin as a currency in their country. because bitcoin is anonymous in transactions, there is no institution that regulates it. so it's very difficult the whole world can use Bitcoin as a legitimate payment. it takes a long time for Bitcoin to become the legal currency in the world.
Yeah, no government likes the idea of decentralization, but you also have to understand that you can decide to create a centralized coin on the blockchain anyway. We have so many of them starting with ripple, yes, it is centralized. Then we have the stable coins like USDT, TUSD and so on. Now, my point is that it is definite that most governments at a point will want to tap from the blockchain technology and discard the printing of money, since everything is simply going digital these days anyway and with that, we could just see other decentralized digital currencies going hand in hand.
542  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ADA at $10 till Dec on: September 16, 2018, 08:55:26 AM
the project is very good and their team is working hard, but I think that your expectations are too optimistic, for me this coin has potential to fight against Ethereum in the following years, so we need only to wait and HODL
There is no doubt the project is a very good one with some solid team backing it up. In fact, I would say the team is one of the reasons so many people have a huge hope on ADA's development in the long run. I would say there is a huge possibility for it to attain a huge height in the long run, if more money is poured into the market generally and we get to see some good demand for it, but $10 by December, is not actually a sensible call as far as I am concerned.

Look guys, currently cap is 1.7b $. The price is around 0.06$. the ATH price was touched around 1$ at cap of 25b $. By the end of this year it can hit no more than 0.40-0.60$. Sorry for you.
Why you count so? If whole market cap will grow till $800-900b and project will continue develop then why it can't be near $1-1.2? I think separate growth is impossible. But with market as whole it's a quite real.
I also believe the $10 is a whole lot before December and it is not realistic. Like you said, that would require a very huge market cap and for now, we are not even close to experiencing some pretty huge market cap unless there would get to be some mainstream adoption in this short period which anyone would know the chances are slim.

ADA has potentials, but how far it goes in the short term or in the long term is best known with trend and time, but there are just certainly some things that are not realistic.
543  Alternate cryptocurrencies / Altcoin Discussion / Re: Competition between altcoins on: September 16, 2018, 07:32:56 AM
I think that competition between these coins is one that is actually inevitable and is good for the industry. Each one of them is trying to take the leading position, hence set in a natural position of competition. Thing is at the end of the day, those that are meant to survive, and and those that weren't meant to will die regardless.
Yeah, it is really a very good thing considering that this would make a lot of the devs of each project to want to do their best to make their project stay relevant in the long run. If there is no competition, it is normal to always see nonchalant attitude and slow development since there is really nothing pushing the team. Nevertheless in this case, the push will be strong and definitely will make any team not want to end up slacking and missing out from the potential of their project in the future when another project end up overtaking them.

In the future with bigger market volume I think that there will be competition between coins and they will not move all together with the market. We will see red and green at the same time.
Yes, without generating their own volume in trading, I too believe no altcoin will be competitive enough to race against bitcoin nor against another altcoin. They muct develop their own community first to enjoy such an independent market swings.
544  Economy / Marketplace / Re: Dedication needed to support crypto community? on: September 16, 2018, 04:17:47 AM
I hope that someone can form a large cryptocurrency community and be able to provide you with timely news and communication communities!
Normally, the only place where you should be getting news is from the mainstream media, but the truth is that they are not effective. If people on their own can have knowledge about cryptocurrency and so on, with the whole resources online, know how to source for information to be able to verify news properly, join forums to initiate discussions and then be ready to learn from those who have been there from time, and deliberate on certain news, I want to believe things will get better.

We may not avoid it but the effect of that in the community is huge. As part of the community for few years, if there are some false news I'm just completely ignoring. But the main concern are the huge number of newbies that aren't aware of this and they are buying on those.
Honestly, the fuel is really being added daily as all they care about is their pocket and not the development of this space at all. Gone are those days when you see journalism at its peak, every information is verified, news are always reliable and you get to at least use it substantially to make decisions, but now, if you are listening to news, you better just be discarding a whole lot of it, as they usually end up fake. Best is to just stick to your own knowledge, do proper research on any news and source out for its genuineness.
545  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum will become zero value? on: September 15, 2018, 06:42:18 PM
i think ethereum will meet its support around $ 150, after which prices will soar. this is according to technical analysis that i believe in, and not necessarily true because only a prediction
I am actually looking forward to that region myself as we could get to see a lot of demand in this support region and I am looking to see the price action on that support. Nothing has changed the downtrend movement and things might still go awry even before we start seeing some major bullish move in the market, but all the same, the market is giving a very good opportunity to buy and for ETH that has gone this low, it is definitely a good buy.

I think ETH is downward trend but it will drop below $ 150 and it will rise again. It will not decrease to $ 0 as you say.
However it wants to drop or how far it is going to drop is only going to be known with time. Now, nothing is guaranteed in any market, Eth might still go lower than $150 or bounce within this region, but what is important at the moment now is to know that nothing can become a zero value unless it is dead. This is a market, bearish conditions are normal and it is nothing we can change, but as much as bearish moment is a part of the market, so we also have bullish moments and recovery as well.
546  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you here for the right reasons on: September 15, 2018, 05:43:51 PM
I'm here to get a profit. and being here is one way. I think this is the right place to find information, discuss, or even just look at the development of crypto. the point here we can do many things
Well, a lot of people here are in this space to get profit and this is a very honest answer. However, I only want to point out that this space is far more than the profit. The reason why so many people concentrate so much on the profit is the reason why the market has ended up becoming more speculative in nature and certain people do not get the fact that, as long as the currency aspect is not basically utilized, it makes no sense. The profit in the long run is just an additional benefit, but should never be the main reason why we are here, but to see the future of payment get better.
547  Economy / Speculation / Re: Do you think BTC can go again to 20K USD? But How? on: September 15, 2018, 04:49:48 PM
My personal choice is the bitmex/short futures way. If you want bitcoin to go up again first of all you need to manage to get the "make money from dropping prices" things to go away. If you have that it will make whales try to make money from that. If whales make money from that, they will not listen to us, and more and more people will leave because we are not making money and we will not get strong enough to resist to them.

My way would be closing shop for bitmex or short futures on cmeo or whatever and make sure no one can make money when bitcoin price is going down. That way whales will have to work with us and make money with us.
548  Economy / Speculation / Re: Do you have empathy for rekt "investors"? - POLL on: September 15, 2018, 12:15:28 PM
Every people takes full responsibility about their actions, and where they invest their earned money is their freedom of choice. But this scenario looks like gamble and like many people who has problems with gamble, he just dont know then to quit.
Yes, we have all made some mistakes one way or the other ourselves which means no one is above it. The only difference is just the level of mistake we ended up making, which in his case, it is one horrendous mistake to make. Nevertheless, no hope is lost, as there would still always be seasons to the market and at some point later on, if he is patient enough, he should still be able to get back on his feet. He is not someone I know, so feeling sorry for him should not even be a thing and no one is above mistake, so feeling despair for him does not sound cool as well. So, I am totally indifferent.

Sean Russell has decided to lay his own bed the way it deemed please, even though he ended up laying his bed wrongly, but what he should be doing now is to learn from his past mistakes, take a chill pill and then see how he would be able to make good decisions in the long run. We all make mistakes, it is how we pick up from the mistake that counts, but feel sorry for him or feel despair for him is none of my biz.
549  Alternate cryptocurrencies / Altcoin Discussion / Re: I just dump my coins for other coins on: September 15, 2018, 08:46:59 AM
I think the best coin to convert to right now will be ETH. I prefer BTC to ETH because I could get a lot ETH and if I hodl it until the next bull run, my income can go from four times to as high as eight times. Being impatient is the easiest thing to do while being patient and not trading will be the hardest. The excitement on trading coins are very addictive and it makes you feel itchy to trade. I'm sure you experieced it as well.
Anyone who wants to be holding ETH at the moment should be ready for some level of patience, but for a coin that has gone down that much, it is certainly a very good buy as far as I am concerned. No one sure knows the future, but the potential to go huge in percentage from where it is presently, is something that would bring about some good profit for whoever is buying the dips.

Nevertheless, I still do not trust any condition of alt at the moment as there is still a lot of FUD in the market, so it is still best to be careful.
550  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The price of ETH dropped quickly ?? do not panic!!! on: September 15, 2018, 07:24:10 AM
The market is still down today, and the price of eth has dropped to $170. It's hard to stop the market going down without positive news. I believe ethereum is a very strong team and the market is not going down all the time and I think it can return to acceptable value by the end of the year.
As it is, it looks like most of the altcoin market want to go down the more which is one thing that still centers on the volatile nature of this market. Recently, the altcoins were showing some pretty good momentum, but I guess as we have it, the movement of bitcoin is actually not saving the day for the altcoins as they tend to respond to that pretty much. ETH has gone down hugely as well as other markets, what is important now is just to simply utilize look forward to buying at a good price for the long term.

For an experienced digital crypto investor, the current market is nothing. Grin
Lol. You are not far from the truth! Basically, this is just a phase of the market and it usually does not last forever as there would always be a change in trend at some point. A lot of people really do not get it that as a market goes lower, that certainly bring about an opportunity to buy more since the long term anyway is still certain and this is just the beginning. From a thousand plus to hundred plus, that is for sure one good bargain.
551  Economy / Speculation / Re: will the price of the bitcoin will reach so high that no one can buy it ? on: September 14, 2018, 07:40:52 PM
Nowadays bitcoin mining has become the most profitable business of all. People started using bitcoin in every aspect of their lives. So, we can presume that the price of bitcoin can go higher.
Actually, bitcoin mining is more profitable for those who have been in mining right from the onset, and that makes it quite easy for them to expand over time, most especially with the value that skyrocketed few months back.

Moreover, I believe as we forge ahead, with developments coming in and getting to see mainstream adoption with a high level of usage as preferred currency, then we will get to see even a higher level of price than it is at the moment. All these do not certainly mean it would be a high price to buy as people will certainly buy what they feel they can just as we have it presently.
552  Economy / Speculation / Re: What you must know about the Silk Road & The Current Bearish Market on: September 14, 2018, 06:40:11 PM
Even I have heard that Silk road was behind the recent manipulation of market where we saw 100 million worth of Bitcoin getting dumped but I would like to see some evidence that proves that Silk Road was the culprit here. So far, I have only seen claims of people, blaming them but no concrete proof to say the least.
It is all just pure speculations as no one certainly know if the silk road was actually responsible or not and certainly there can be no proof of that. Over time, people have always wanted to find a reason for every market movement, but really, I do not see this market as respecter of news, as whatever is bound to happen based on the whales will happen anyway. As far as I am concerned, in a bear market, market can move down pretty fast, and whatever could have been the cause, there is still a lot of bear FUD in the market.

Probably the news of the Goldmansachs is one of the reason of price drop. These coins were moved almost 2 weeks ago and the price drop occurred less than a day ago. This started from guesswork of someone on Reddit. The price will go up again.
It may have been and it may not have been. One thing I am so certain of is that there is absolutely no way anyone can really tell how things would always turn out when it comes to a market and all that can just be done is to speculate this could be the cause of an up rise or a downtrend but whether this happened as a result of Goldman sach or not, it happened. Trying to find explanation of why a global market behaves in the way it has done is absurd to me.
553  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How to trade..?? on: September 14, 2018, 05:20:01 PM
You need to do researches and pick coin you like and of course use several strategies for making more profit!
You do not need several strategies to trade, you only need to find one strategy you are comfortable with, build on it, practice it very well until you are confident enough it will give you desired result and then keep to it. How to trade does not mean how to get into trading but it really means how to trade profitably, again it is not dealing only with making profits but also dealing on how to avoid losses or time wasting trades.

The mistake a lot of traders always make is to keep trying to use different strategies at once, without getting to master one, and that sets in room for a lot of mistakes as far as I am concerned. In this case, you really do not know where you stand in any trade and you just keep making guesses based on the fact that you can’t stick with a strategy.
554  Alternate cryptocurrencies / Altcoin Discussion / Re: What are your views on cryptocurrencies on: September 14, 2018, 04:18:57 PM
Cryptocurrency is the future of payment, it is built on a secure and transparent foundation "the blockchain technology" and it is exactly what this current generation needs, a form of fast payment is what we all need.
A decentralized form of payment with no third party at all. Yeah! That is something we have always longed for and this is what cryptocurrency has brought. As much as some people may term it risky, it is still no doubt that it has a lot of potentials and it is creating a lot of value than even what fiat ever did. The blockchain technology certainly is the future and there is no doubt about that and that makes the fact that one way or the other, cryptocurrencies will still always stay relevant.

There are so many rumor now in the crypto market, due to the market weakness and depression, someone said the cryptocurrencies is ended, many countries have ban all relate about the crypto, but I trust it will be recovered in the future and Bitcoin will reach $18000 again.
There will always be FUD news and rumors as long as the market is down. People tend to focus more on the negative side of things than the positive side, which is the reason why it is always so easy for someone to be calling death in scenarios like this. However, we all know this is the future of payment and we are just starting this journey with a lot of improvements and developments to come in the long run which is something worth waiting for.
555  Alternate cryptocurrencies / Altcoin Discussion / Re: What are you doing with your portfolio on the bear market? on: September 14, 2018, 03:31:55 PM
Honestly nothing that different from when its bull. When the prices are high, I get paid dollar value, so if ethereum is 200$ and I get paid 50$ than I get 0.25 ethereum. If the price is 100 dollars than I get paid 0.5 ethereum, and if its 1000 dollars than I get paid 0.05. So basically nothing changes for me aside from the fact that I get paid more ethereum when its low and less ethereum when its high.

It's meaning when the prices are low, I try to save as much ethereum as possible so when the price goes up I get more in return, now if you consider this daily, than best course of action is to put aside some constantly, even tho I barely can (because I spend most my earnings for living) I do put up like 100 bucks a month or so at a side.
556  Economy / Services / Re: [OPEN] ⚡BQT Signature Campaign | Member - Hero | 0.0007 BTC /Post ⚡ on: September 14, 2018, 02:54:30 PM
Confirming week-5 payment. More power to BQT !. Thanks a lot Zapo !!
557  Other / Meta / Re: Deleting posts on the forum on: September 13, 2018, 10:24:13 AM
I participate in signature campaign, I do all the tasks, but not the first time I see that few of my messages are deleted, respectively stacks do not count. Spam is not engaged, I write in the Altcoin Discution and without offtopics
The only thing that the my grammar of English is not perfect, can this be the reason for deleting messages?
And what other reasons could there be?
On a very normal day, your message won't be deleted if you are not going against any of the things you have mentioned.
It is either you are going against some of the rules of the forum, such as shit posting, or posting what is not even relevant to the main topic or trying hard to want to communicate but with no good way of passing across the message in English.

It is a global thread, and it is not a must to post here, because at the end, whatever you post, as long as it cannot be understood by anyone at all is a shit post. As simple as that! There are always local threads you can make use of or simply brush up your English skills, it is not that hard.
558  Economy / Gambling discussion / Re: What Is Your Worst Moment in Gambling? on: September 13, 2018, 09:26:12 AM
Everything you do in this real life has its own impacts, no matter bad or good. So it is obviously depend on yourself how to deal with the impacts especially the bad impacts. In this case, gambling is indeed has very bad impact such as getting addicted and lose too much money but if you can control yourself then you'll not face these bad impacts ever.
Yes, when you over do things, or do them without getting to speak to yourself once in a while, you will definitely end up messing up big time at the end of it all. Gambling is just one of them and the same way a lot of people get addicted to certain things in life without the ability to control it, is the same way they get addicted to gambling. It is normal to witness those urge, but it is left for you to fight and control them as much as you can, which so many people find it hard to do and they still go ahead gambling anyway.

the determination in the gambling game was greatly influenced by a fortune. That is an unfair thing and for me it is a waste. Immediately leave the gambling game and we will get a much better future and we will save the happiness we have.
I want to believe gambling can only have effect on one's future if you permit it to have effect on it. Certainly, the way people approach gambling right from the start will depict how they end up their life as a gambler. Either in control of the whole situation or as an addict. The greedy mindset of quite a number of people and the fact that they were busy looking for things where they can't find it, is one of the reasons why they will keep being affected when it comes to gambling.
559  Economy / Gambling discussion / Re: 2019 NBA Pre-Season on: September 12, 2018, 03:37:19 PM
Lol timberbulls is a great name Cheesy whoever came up with that is a genious. However truth be told most of those players are going to be bench warmers if not limited minute players. The only person who is going to get minutes is jimmy buckets, aside from him none of them will get decent minutes. Derrick rose is not what he used to be even after the injury and keeps getting injured each season and he will probably not going to play more than 70 games this year neither. Deng is already done and playing out last seasons of his career and no one would be shocked if he calls it a career after this year. Basically its just a ghost of what it once was.
560  Economy / Trading Discussion / Re: Everyone loses money when the market is down right? on: September 12, 2018, 02:18:30 PM
Not really that all of us are losing money due to the down markets.
I mean most loses money but there are inevitably people who bet on bitcoin price going down on bitmex and short futures on cme which means there are SOME people making money when the price is going down.

Not many people maybe but we don't know how much that very few people put into the bet so maybe that is a good chunk of money to be made during the fall. I do not think many people make money tho, most people lose money. I just wanted to point out that there are still people who bet on bitcoin price losing value which means there are people who do make money during the bear market which is sad because I do not wish price to go down and they bet for it.
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