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5401  Economy / Speculation / Re: Bitcoin in 2020 on: May 21, 2019, 10:32:37 PM
Hi Guys:

Where do you see Bitcoin Value in 2020 ?

I believe more than $50,000. What do you think?

Which industry will get most affected if Bitcoin's value is more than $50,000 ?

Steve
in 2020 bitcoin gets another block halving, ATH bitcoin in the past was around 20k USD and that means about the price of bitcoin will have doubled and taking from its ATH and it should be around $40k or less.
Block halving decrease 50% from the block reward and that cuts the total bitcoin that distributed anytime to the exchage site becomes 50% less.
I don't feel that resistance and even halving will push the market to grow but not to the extent that it will soar high x2 from 2017 ATH.
It would be great to see BTC price like that but somehow there is no reason why we should be able to top when people can't even afford to buy this coin. Better to stay at low prices where we can enjoy buying Bitcoin and not have too much risk to face.
5402  Alternate cryptocurrencies / Altcoin Discussion / Re: Will mining be profitable again? on: May 21, 2019, 10:11:56 PM
Bitcoin mining is still very much profitable and is the reason why most of the mining company are still in the mining business till today. But if you as an individual want to start up Bitcoin mining business I will recommend that you should go for altcoins mining business since the cost for setting up that one is a little lesser than that of Bitcoin mining.
But they think that mining Bitcoins is more profitable than of mining altcoins, even it cost a lot more but they will be preferred to put their money on this.
Because the logic might be this way, spend more earned more. If we think that we can make money in bitcoin, then why not taking the risk for it!
5403  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can you invest in ICO in bear market? on: May 21, 2019, 03:42:07 PM
ICO has mostly died already and we are now looking into EIO will reverse this bad reputation that is was given to the market. That is why investors never give their concentration into investing ICO projects rather than of focusing on the existing project and have a working product already.
Of course, nobody could risk their money if they know that they can't get any. We are clever enough and to take advantage of investing Bitcoins today rather than of any projects around...
5404  Economy / Trading Discussion / Re: Trading for the Inexperienced Traders on: May 21, 2019, 03:11:16 PM
Always bear in your mind that all trading experts was came from nothing, so if you don't have any experience to do the actual trade, I guess it is much better to begin with the exchange that has a good volume in the market and huge traders to their platform. This is obviously referring to the newbies who are trying to start in trading, isn't right?
It is the most difficult and the most important task for new investors and traders to find a good coin as if you take suggestions may be someone can give you wrong suggestion that can affect your future profit. Trading is huge platform you can get so many opportunities like having more knowledge and understanding the term trading will help you avoid lose being a good trader so gain knowledge as much as you can.
Knowledge is very important but not just we stop into this, we need to apply that knowledge and learnings we've got from the others and from our experience. I know hard to understand the market if you are a beginner, it takes time to make it perfectly be done.

Yeah, it is big consideration of choosing the right coins for trades and that also the basis of our profits. Listening for some suggestions will be good but we have to decide also what is right for us and the capability we have. Think it so many times before having any commitment.
5405  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will BNB reach $50 This Year? on: May 21, 2019, 01:43:32 AM
BNB did a great job and show how this coin has potential, it has capable to soar high more than of any coin in the market but I'm not sure it can make a huge jump reaching into $50 this year. It is really amazing if BNB can break through it.
This could be some rumors now that BNB might surpass ETH in the coming days, not possible if this trend will continue rallying until the end of this year.
5406  Local / Pilipinas / Re: Pinoy takot paren sa crypto-investing? on: May 21, 2019, 01:27:34 AM
Para sa akin, it is the lack of information/idea kung bakit takot pa rin taong mga pinoy sa crypto-investment. Sigurista kasi tayo kaya kung kakausap ka nang tao na walang proof of profit ay napakahirap talagang makombinsi ito. Mas madali pa ngang maloko ang mga Pinoy sa networking kasi kadalasan sa mga seminar na napuntahan ko ay magpapakita sila ng tseke na profit nila di-umano. It is the lack of knowledge about crypto and the characteristics of Pinoys when it comes to investment are two factors why we shy away from crypto.


Oo nga mahirap e-convince pero kapag ang taong ito ang nag-aalok ng malaking kapalit na rewards, no doubts that it will ate the bait.
They usually thing for scam, not paying investment pero marami sa kanila ang naloko sa mga online investment ni minsan walang nagpapatunay na may makukuha sila dito unlike sa ginagawa natin sa crypto.
5407  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not money on: May 21, 2019, 01:10:26 AM
I think that OP never knew what he/she says. Definitely, a new troll in this forum and don't have enough knowledge with.
It maybe Bitcoin is banned in their country and they can't use it that makes sense for him/her to say that "Bitcoin is not Money" cause they can't actually enjoy of using bitcoin instead of to stick with their fiat money.
5408  Economy / Gambling discussion / Re: How did today bullish trend affect gambling! on: May 20, 2019, 10:35:40 PM
Not 4909 dollars anymore, now it's 8063 dollars. I think the effects of a intense pump are very diversified. Some gamblers will just adjust their bets down, to not spend much money fast, others will stop gambling until the market finds a balance point, there are those who change to stable altcoins temporarily and I believe there are even gamblers who will increase their bets, to try earning btc fast now to cashout during the pump peak.
It change the price since OP posted this 1 month ago when the price is at $4,909 but the market goes up and we think that we are already in bull run.
This will bring more benefits to any gambling sites since there will be more player will come to them and put huge money in gambling.  It is quite to see that more bets coming from new users. This will justify market balance, the higher price, the more bets to come.
5409  Bitcoin / Bitcoin Discussion / Re: A notary office in China uses blockhain on: May 20, 2019, 10:20:45 PM
I thought China is still disclosing the use of blockchain technology since they are banning crypto.
But it is a good thing to hear that China have found blockchain technology being usable. If this leading country will appreciate and justify the used of this technology will probably others will follow by then. 
5410  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Crypto A Way To become Rich / Millionaire ? on: May 20, 2019, 02:10:34 PM
There are no members in here claiming that they become a millionaire because of crypto. I believe some of us did it but they just keep themselves humble and may also consider their self to stay at anonymous to protect their self from any threat or whatsoever IMO.

We know already how this thing gave a change to all of us and though not all of us getting rich but, it for sure we elevate our self in a few steps.
If this thing will stay longer, surely a lot of us become a millionaire, not just in dreams but in real life.. Grin 

 
5411  Economy / Trading Discussion / Re: A better way to invest in cryptocurrency. on: May 20, 2019, 01:47:39 PM
Having a permanent job is better than investing your time in cryptocurrency because your income is secured and continous. Earnings in cryptocurrencies varies and it always contains risks because of volatility and price cycle. Presently, the cryptocurrency market is experiencing a bull rally because of bitcoin and many altcoins had continuing price uptrend but I still prefer to have a secure employment and trade only when there is enough time.

The best thing is to have a permanent job, but that one that leaves you the time to invest in cryptocurrencies and get an additional source of an income. By the way, the most successful traders work also (I do not mean in crypto).
I heard a lot of crypto traders get successful in here, and to think that are spending a lot of time in trading rather be in any social life. 
If I have enough money to start in trading, I will definitely in fulltime trading but I don't have. It is on high advantage if we start in huge amount cause the possible we got will be also that big amount.
5412  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it a good investment? on: May 20, 2019, 10:47:20 AM
Sorry, but the project that is mentioned in the OPs post looks like a project that will slide into obscurity rapidly after its listing. If they can even achieve listing on some centralized exchange of decent credibility and volume. I would definitely stick to much safer investments, they could even be hyped ICOs or IEOs, but stay away from these underground projects.
That would be possible turn into exit scam.  This is what project looks like but anyway,  we cant judge them directly without any proof,  let's see how this project (Afrihealth) work in the coming days.

Investors will have in the look for potential project and hope it will caught this into their attention.
5413  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it a good investment? on: May 19, 2019, 10:04:11 PM
A lot of us are in doubt about investing and trading during these days. We can't really avoid being discombobulated especially newbies that's why sharing our own experience and knowledge can help them to be wiser and responsible about making decision.
It always is in doubts if we don't exactly about trading. That is why, if you are not a risk taker you'll definitely not to survive in here.
We need to understand it before doing so and to avoid the loss of our entire funds.

Of course as an investor I want everything to be great and turn into positive outcomes that's why I always make sure about everything especially on making decision so I won't regret anything.Do you think its a good and worth it investment?
That's pretty cool, our strong commitment into trading will help us to be more profitable. Making a wise decision will only be a key to have a successful trade, indeed, we need to practice it cause that is the most common cause of failures in trading.
5414  Economy / Trading Discussion / Re: DO YOU BUY WHEN THE PRICE DROPS SHARPLY ? on: May 19, 2019, 09:39:26 PM
I don't have much money to become contrarian like that. Buy when the price drops sharply is too risky. My strategy for now is buy when the price start to go up so if I do it then it will contribute to the increasing price of bitcoin.
Buying in low is most commonly practiced by everyone, but of course, we only used that strategy to a potential coin knowing that it will rise back in a while.
It will work well and it gives us more profit compared to buying coins at the start of recovery(as you've said), in fact, the risk will be that high instead.
We need to be wise and do smart things cause this is the only way we could generate more profits.
5415  Economy / Speculation / Re: Are bitcoin whales complete morons? on: May 19, 2019, 09:13:32 AM
Hi

I saw todays dip and then read that a whale von Bitstamp sold about 3600 coins at once and tanked the price down to 6200 for a short period of time. Now it stabilized at around 7200 USD.

Why do these people do this? Are they just morons?

If they would sell their coins within a period of 3-4 days they could probably get close to 8000 USD for every single BTC ...

Pump ... Dump ... buy back lower
Buy Low Sell High

Yes they are morons  Roll Eyes



What you are saying i be greedy. All traders know that greed kills.
These whales probably made their whole year in this run.

Thats how market works Buddy! when they sell high prices with tons of bitcoin, then many people will panic and sell. prices fell then whales returned to re-buy, tell me where was the stupidity you saw? they are smarter than we imagine, sometimes it's hard to guess what their plans are. if we know what they are planning, maybe we can avoid losses and profits at the right time.
They are smarter than us and they can manipulate the market if they want to.  Whales have that strategies and even more effective with side, they'll wanting more panic sellers cause they are the one who are greatly benefiting for this.  If we don't have trust with the market,  will simply near into becoming one of the panic seller.
5416  Economy / Speculation / Re: Bitcoin reached 8000 - and what next? on: May 19, 2019, 08:55:30 AM
We have long been waiting for btc to pump. I think we are here now and we are expecting a much higher pump like 10k, 20k and above. There has been a drop though but with what has happened with the market now, I know btc will pump again before we reach the end of the year
Hope it rallying good and consistent, never knew any moment will have a fall again but it is just short stay and bringing up again back into $8k. We are almost half the the year, if we calculated it x2 to the current price,  WI be something $15k-$16k before the end of this year IMO. Which is great and hopefully it will happen.

I'm not looking for another $20k again cause I don't want to remember my losses with that price.  Angry
5417  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoin Bullrun on: May 19, 2019, 07:26:55 AM
Many of the traders are already waiting for the so-called altcoin season where altcoins are mosty bullish.
If that so,  we cant expect that altcoins will recover faster as we think. It needs a numbers of investors to move the market  but they are quite now, how it could help it out.

We only see BTC on the bullish and a quite low for ETH pump but for other altcoins,  still it was the same. Hoping it will change the course once BTC price reach into $10k.
5418  Economy / Trading Discussion / Re: Idea needed for my situation on: May 19, 2019, 07:06:51 AM
OP wanting to play at binance even she know already the current status of Binance instead to look for another known exchanges. 
You have to do nothing but to wait until BNB  deposit will be open again.  But for now,  it is better to buy more BTC or ETH  while waiting, you can even trade them in Binance as well.  This just to have something rather to wait without nothing happen. It is just a waste of time IMO.
5419  Economy / Economics / Re: Bitcoin is heading back to $6k on: May 19, 2019, 06:51:36 AM
And just like that, the price is heading to $8k now.  Grin

It only goes to show that we are indeed in the bull run zone. Although $6k is still possible when their is a negative news that will affect the mindset of many investors.

But for now, the rally is continuing after a healthy pullback around $7k. So we are still all good at this point and hope that there will be no negative news that will have a negative impact.
That's to see how volatile we are, and even we are in the bullish but we still experiencing downfalls anytime.
If we are positive with the market, definitely won't affect us and even get worried that it will dump hard again.

Yes,  we are rallying back again for $8k and maybe there is  a huge pump after this. 
5420  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Exit Scam on: May 18, 2019, 11:28:49 PM
We dont expect on what happen to those bounty we pariticipate and the end was a scam. In this year iv'e participate some different bounties but not all them are totally paid us. So must better to prepare if we encounter on like this kind of bounties so that we can aware of them.
Scam exit isn't new for us, we have this scenario last year dragging the entire market and ruining the image badly.
We don't have such control, only we need to find out if this project will have something to contribute or nothing. This instance will help to define any possible for an exit scam of a certain project.
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