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5561  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What do you look for when investing in new projects? on: April 09, 2019, 02:44:15 PM
I don’t invest in new project, but already existing ones, I look at their past performance if they have any, I look at how strong their community is and reviews they have gotten from many investors, I  look at their project team and study them thoroughly to see if they can deliver or not provided the ICO I am checking is to that of scam that will put up  fake profile in their whitepaper and finally, I see if they have  working product because this is very paramount to me in every project, most if the coins I have invested in all have working products.
5562  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BAD NEWS on: April 09, 2019, 02:05:19 PM
Bad news always make for a good buy opportunity if people believe it. The price dumps, people sell their coins cheaply, weak hands panic, strong hands take advantage and buy the dip. It's a cycle that repeats every now and then.
This is the best strategy a successful investors always use to win in his investment, they do opposite to what others are doing, while everyone is seeing the negative aspect, they focus more on how to bring how positiveness from it.

While everyone is panic selling because of FUD some people creates to make people dump their coins, a good investors is piling up more, that is why those people that purchased more during this bear market will be way far ahead of us when the bull run come,  and their profit will do us like magic, still now, I have not gotten over 2010 situation when I got to know about BTC, so right now, no news will make me shake because I have been in this system for too long.
5563  Economy / Speculation / Re: Everyone now seems excited after bitcoin reaching to almost 5k Usd. on: April 09, 2019, 11:51:50 AM
We have gained such good momentum at this time, April is indeed beautiful. Previously there were many who predicted that this month there would be a significant increase and that was true. I am increasingly enthusiastic in trading because I can get a bigger profit when the price of Bitcoin increases. This is good momentum, but I am still very confident that the price of Bitcoin will again experience improvement, so prepare capital and buy as much Bitcoin as we can.

We were fooled by such movements as this before that's right and i think we should've learned our lessons now. Getting too excited makes us lax and careless and we're too careless, i think another market turnaround would be a bigger disappointment. I don't make much of a big deal out of this upward movement though it's really nice to see it like thus after being down for so long.
For long-term investors, who are not concerned about the price of BTC now but that of future, I don’t see any disappointment bitcoin turnaround will cause them, like you said, we should not get too excited, there will always be upward and downward trend of price, it depends on the forces willing at that time, whether that of BUY or SELL, for now BUY community are quite stronger than its opposite, the next direction of price depends on the patience of sell community.

So short term investors needs to listen to your advice and be careful but for long term investors like me, even if BTC crashes down to $3500 now, I will still buy more because the main future of BTC is my aim, not now.
5564  Economy / Speculation / Re: Get ready for lots of negative articles on bitcoin on: April 09, 2019, 04:57:00 AM
FUD doesn't seem to work and affect that much during upward trend maybe because they are currently thinking positive. They seem not worrying as long as they are seeing the price doing good. Well, wether we want or not, FUD will always be here and it's part of crypto world. As long as you trust btc, there's no bad news that could turn your beliefs about btc.
Yes, with all their negative articles which I have been reading a lot, I don’t think any of them has even emotionally touched me or made me withdraw my investment, when you believe in a system you are into, it will be difficult for anyone to get their own negative opinion to affect one.

So, the energy they use in trying to create FUD that doesn’t affect the market, they should just invest too and use the energy to pump the price up with their news. Some of those people who are even creating FUD are just looking for people that will join them in their empty portfolio, they don’t invest, they have nothing to offer and yet, they wouldn’t let investors be. (is it their money?)
5565  Economy / Speculation / Re: I think bitcoin taking position to go up on: April 08, 2019, 04:13:42 PM
I think bitcoin taking position to go up or seeking some green signals from traders. Investors and regulators
This phase of btc seems last phase of bear



It's hard for anybody to predict the future of bitcoin for now. There are different speculations but no one really knows when the bulls run would happen. Although we can't deny the fact the the hype has a positive vibe that could bring positivity to holders and investors.
Out of those different speculations, one must definitely be correct, not all analyst will fail in this, so in those speculations, one can pick the most reasonable ones, use them to personally do our own analysis to help us arrive at one too that will help us make some certain decisions, right now, the most reasonable value I have seen speculated for Bitcoin for June is that of $7000, and so after putting one and two together, using my analysis and also considering some fundamentals, I have personally come to conclusion that within the next 3 weeks, bitcoin will be increasing in value to $5800, which will usher us into $6000 trend next month, but for the main bull run, I think we just have to be patient till next year.
5566  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Blockchain replace the SWIFT system used by Banks? on: April 08, 2019, 03:43:51 PM
With the evolution of blockchain technology, it might end up changing lots of things in our financial institutions which banks are not exceptional, they might be playing hard to get now but it is only in a matter of few years before they realized that they are being left behind in the game if they don’t join.

Swift might not loo relevant too, I am sure that the team in charge of swift will also be preparing right now too to adopt the use of blockchain technology in their transactions, so most of this existing player will end up joining too if they don’t want to lose out or lose their relevance.
5567  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO are good for startups seeking funding. Is IEO efficient enough? on: April 08, 2019, 03:25:55 PM
my opinion IEO is more safe rather than ICO, because IEO did already partnering with exchanger, event not yet listed, but at least the investor fund are safe with third party itself (exchanger).
IEO platform is not same as escrow, it is escrow that keeps fund until a project is delivered, IEO only assist in separating fraudulent ICOs to Good ones and when it comes to the funding, it doesn’t lie with the exchanger, it still being released to the project team for the development of the project and I am not even sure they even collect the fund directly on behalf of the project team, so I don’t really get what you meant by your fund being safe with exchangers.

If any IEO project fails now, there is nothing an exchange can do to get your money back because it is part of the risk in investment, IEO will only guarantee you that whatever project you decide to invest in as been verified to be genuine and authentic, so the success of the project remain with the team.
5568  Alternate cryptocurrencies / Altcoin Discussion / Re: Could a coin price be locked in place? on: April 08, 2019, 01:06:21 PM
In my thought, locking up the coin price in a fixed price will be the same as killing that coins, many people will be leaving that coin behind, because they can't trade that coins to generate profit from that respected coins. It will surely able to be used as a payment tool only.
Using it as payment tool already is more than enough to keep the coin going, although locking it completely without having a little room to move between prices will make investors or traders loose interest but we also have large number of companies too that could make it continue to function which I know that it will be absolutely impossible to lock the price because it doesn’t depend on a controlled market system.

But, we have to start having it at the back of our mind that a time will come that the price action of BTC will almost near that of a stable coin, in future, once it has gain the attention of large number of the population and the adopt it, the market will become very less volatile for investor to make any short term or long-term gain, because then, the price would have been too high and very difficult to see it manipulated and by then, will be more useful to Traders, Holdlers for store of value and companies using it for payment service.
5569  Alternate cryptocurrencies / Altcoin Discussion / Re: The Impacts of IEOs on the crypto-ecosystem on: April 07, 2019, 04:42:24 PM
I think, IEO does not bring sustainable development for Cryptocurrency, It's just a games of whale, exchanges ... Most people who participate in this game will be badly damaged.
The concept of IEO is actually a good one and would go a very long way in sanitizing the system of crowd funding using blockchain technology if managed very well, but unfortunately too, in the planet we find ourselves, human being would always take advantage and misuse an opportunity that would have left a great positive mark in the crypto world.

I agree with you that it can be hijacked by whales which exchanges themselves too might end up being the whales since they have access to the larger portion of the token, the intention of the initiator might not actually be for this but has the system gained wide recognition, the whales may have seen the loop holes too and taken advantage of it. That is why we need an exchange that will do their business with integrity; this is the only way out.
5570  Economy / Speculation / Re: Bitcoin price should be $14,000 - Tom Lee on: April 07, 2019, 04:02:46 PM
That’s right, bitcoin price is not where is it meant to be now and that is the reason why we will experience spike in price at any opportunity it sees to meet up with the price. We ought to have been out of bear market since last year but there has been some factors contributing to its delayed growth which one of the factors was successfully overcome of recent.

We still have lots of fundamentals factors though delaying the growth of its price but this year has more of fundamentals factors that will bring more increase to its price value, so I think the price of $14,000 might be achievable within this year.
5571  Economy / Speculation / Re: btc's possible next moves on: April 07, 2019, 02:13:38 PM
I'm also sure the next step is a better bitcoin price and the price will also be higher than the current price, because I'm sure we will also get better profits in a short time.
Let's ride with the market now, BTC seems to be doing better, so let's also be bullish.
The price of bitcoin is now stable at $5,000 and I hope there will be another big pump to come, it suppose to drop by now but we haven't seen it.
Maybe it's preparing for another amazing run.
It been fluctuating and I think the fluctuation is not to settle down below $5000, the fluctuation is just from traders using it to trader but aside the activities of trader, it has already settled down for $5000 and I believe within the next couple of weeks, it will head towards its next value, I don’t know what the next value will be yet buy the number of investors and the amount of Holding will determine what the next price will be, I also expect some news to come out this month that will also create FOMO and push other waiting investors into making investment in the coin.
5572  Economy / Trading Discussion / Re: Here we are! lovers' of bullish trend. on: April 07, 2019, 01:42:42 PM
The bear hug is over but never expect the big rally to embrace now, we have seen a spike with the aide of a hundred million dollar investment but it might not hold for a long time, we will see a range bound market until it breaks the next resistance. The market buzz is coming back and everyone who invested at 3k got in at the right time.
They invested at the dip, that makes them profitable in just a very short period of time.
It was a good short term investment as well, I would sell at a profit and then wait until the price will dump a bit then start buying.
This is the market cycle, it changes from time to time, therefore we need to do it with the right timing.
If you buy at dip, let say for the $3k and you sell at $5k which is quite a good profit, after selling, what guarantee will you have that the market will ever go dip again for you to reinvest, I believe these thing you are saying, many people did that and yet, the price is still stable at $5000.

If bitcoin refuse to go dip again, they have been automatically shut themselves out of BTC investment because they will not be willing to buy high again, so they have to probably wait till it reaches its ATH and then when many people starts cashing out by them, he might then be lucky if he is able to get it at the dip price he initially bought.

I still see more sense in cashing out when it reaches ATH than these short trading that may go against us.
5573  Economy / Trading Discussion / Re: What are the things to be considered when choosing the appropriate exchange for on: April 07, 2019, 01:11:50 PM
I always considered the security system of an exchange. That is the first important thing for me. Next  is the popularity of one exchange that has many positive feedbacks. An old exchange has an established and good reputation. Also, consider the low fees and the fast transactions of it.
Positive feedback are products of popularity, which is very easy to detect how popular and exchange his, just like Binance now, we don’t need anyone to tell us how popular Binance is because of its name that rings bell on every ear but when it comes to the security of an exchange, what then should one look out for.

I know of some quite big exchanges that we believe they are secured looking through the system of security they have put in place but yet, hackers still succeeds in stilling fund from these exchanges, except maybe I was an internal thing which I don’t doubt too, but apart from that, how are they able to still steal funs despite the security put in place.

What is that major security system to be put in place that will make us know that it will be impossible to hack them?
5574  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Litecoins are on the up on: April 04, 2019, 01:50:53 PM
before halving litcoin starts I think litcoin will continue to rise. see the increase now is extraordinary. I think that coin is suitable to be bought and hold mid term
Yes, I too expect to see more of a very high percentage increase in litecoin especially now that we have Bitcoin back to the bull Market, I can even see that most altcoins like LTC too are beginning to follow behind, while LTC has also grown to about $80usd, more of this increase is expected to still pave way for more investors who cannot afford to invest in Bitcoin again, and will look at any other good coin that is on the rise in which Litecoin will definitely be the next choice after Ethereum, so I really see a drastic increase in Eth and LTC within the next few weeks.
5575  Alternate cryptocurrencies / Altcoin Discussion / Re: The 4 Fundamental Requirements for Mainstream Privacy on: April 04, 2019, 08:40:03 AM
Yes , you are very much correct about this and I am also sure that all this is going to be addressed since the crypto community is an open community and anyone can come up with suggestions that can actually solve all the problem we are facing in the crypto space.

I am very sure that we have more smart minds that will soon be coming into the crypto space and they would be the one responsible for taking the crypto market to the mainstream world, though we are already seeing crypto go mainstream.
5576  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I think the market is becoming bullish..What do you think on: April 04, 2019, 08:05:19 AM
It seems that there has been an increase in the market and in my opinion this is a common occurrence so in my opinion this is a natural thing so we don't need to worry about the market that has been running and has improved
You know we have so many new investors in the market who are not privileged to witness the last bull market and now how the whole bull thing operates, so after being in a bear market for too long, with all sort of speculations going on in the media about BTC crashing further to $2000, any reaction we get from these investors concerning the recent price movement of Bitcoin will really be a surprise to them,  they don’t expect it to jump up this way and like I told someone too, this price we see is really not that spectacular and all I see it just a market doing well and still preparing for its main bull trend.
5577  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I think the bear market is over for some coins on: April 04, 2019, 07:39:29 AM
I don't think it's a reason to be excited about just yet. The market can play with our emotions and get our hopes quite high and then drop us scratching our heads lol. It's happened before a lot if times and i know too well now than to trust these movements. If it continues to move up then good. If it doesn't and come crashing down again, i don't care.
Right now, alt coins are generally performing the way altcoins ought to function and I think many investors are beginning to learn not to dump coins again on a project they believe in, so I wouldn’t say it is there season yet, the season I am really expecting is yet to come, and until Bitcoin reaches a very high price and decided to go sideways that altcoins will fully be in their season.

But for now, we are in the season of Bitcoin which will also pull up some few altcoins especially those one coinmarketcap listed as the top altcoins and I am sure that time will come pretty too soon since BTC has already started running on BULL market.
5578  Economy / Gambling discussion / Re: Do you watch the matches you're gambling on on: April 03, 2019, 08:19:20 PM
Every gambler has different style, those who wants some thrill, will surely watch.
In sports betting also, you can bet on different games and different match up, and therefore you can bet several bets, that way it's nice to just monitor the score that watch a specific game, it would be easier and you will be updated on a timely manner.
Like you have rightly mentioned different players to their different betting styles, I think some people prefer to follow matches but I don’t because of the type of work I do. I can bet on different games in sport betting and time might not allow me to watch all matches. So what I might have to do is too follow highlight and research on the past history of the clubs..

Although I think those who watch the matches might have more advantage because they would have the  privilege of having the first hand details  of the game, they saw the strength and flaws of each teams and the players and might help them in making decision.
5579  Economy / Gambling discussion / Re: 2019 NBA Season on: April 03, 2019, 07:05:29 PM
Bringing Lebron is ALWAYS a profitable business, you do not pay lebron CLOSE to what he brings you because there is a cap, he is much much bigger than the cap allows him to be, Kobe for example made LA Lakers around 200+ million dollars on his farewell tour, everyone wanted to see him play one last time and just his last game and ceremony made about 10 million dollars for the Lakers.

Some players deserve their money and than some but that is not possible so you pay them the max, maybe basketball wise Lebron didn't play a max contract 30+ million dollar year but when you drop it down to business he profited the Lakers money. Lakers already make a ton of profit even while losing a lot of games, it is Lakers and of course they are the second biggest profitable team in NBA but with Lebron they just make some more.
5580  Economy / Gambling discussion / Re: Is gambling addiction also a result of trauma? on: April 03, 2019, 06:23:48 PM
I don't believe it, gambling addiction is created along the process.
When we gamblers are always giving time in gambling, usually that will result to addiction, there are times that it will also become more serious.
Addiction is a problem, but you can cure that problem, and learn from it so the next time you gamble, you will enjoy it.
It is true that gambling addiction happens during the process of gambling but the main cause of addiction is trauma. Some people have had some terrible experiences; mostly at childhood and growing up they look for ways to make them forget this things ever happened.

Unfortunately gambling been a game that is full of fun and a great place for excitement, they just find themselves in it and out of the pleasure they get, spend so much time and money and the reason why all this is done is to  heal a wound, and before you can tell, the player is now addictive. That’s just how it works
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