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561  Economy / Speculation / Re: Will the price go to 1 BTC = 1 oz gold again? on: January 05, 2019, 03:47:10 PM
I think bitcoin will worth 1 kilo of gold not oz. 1 ounce of gold 1287 dollars right now, which means bitcoin needs to drop 65% or so in order to reach those prices, I doubt bitcoin will ever lose that kind of amount ever again, I am pretty confident about bitcoin NEVER reaching those levels in history no matter what.

Moreover, with enough of pressure from the bottom to top and couple of good news coming in a row fueling the bull run constantly could result with 41 thousand dollar in bitcoin price, I know it would be amazing if that happens and we are not "expecting" it right now but would anyone be really shocked and not understand how it all happened ?

I mean we would all understand it and accept it because its bitcoin, sometimes it goes up like hell and 41 thousand dollars is in the reach if you ask me (41 thousand dollar is the 1 kilo gold price).
562  Economy / Speculation / Re: What can people expect from BTC in 2019? What influences prices? on: January 05, 2019, 07:41:19 AM
We should expect less, and be more realistic. We know the price should be start to go up now but still there’s a chance for the price to look for more deeper price, so learn how to set target price.
Expecting big or small will not be a criteria here and also you cannot be realistic in a new world where everything is fluctuating drastically and you need to react in a blink of eye before it will be late if you go for catching each and every swing of the markets. But, looking for where will be the market is going to surprise and accepting that by simply watching will be the things we can do right now other than going for buying at dips.

Previously, the price moves through the whales and I hope this year there’s a real demand for bitcoin and not just a hype news that wants to move the market up or down.
The price is always moving based on supply and demand and you cannot eliminate the manipulation by whales, they are just part of this environment and we must need to feel the pain of their presence all the times. Overall I mean to say, nothing is going to change suddenly but gradually we are going to have a recovery phase in 2019.
563  Economy / Trading Discussion / Re: I bet it all in bitcoin? on: January 05, 2019, 06:08:35 AM
"If I'm right in the thesis, what do I get?"

"But on the other hand, if I am wrong, what is the maximum I lose?"
You are breaching the basics of effective investment principles. You must need to diversify your portfolio for that you can manage when unexpected things will be happening. But in some perspective view, I am already doing "all in" with bitcoins but I am a long term holder and I'm having different perception with bitcoins but you have not mentioned about the time frame for your bets.

Honestly I'm not suggesting anyone to go for "all in" into bitcoin but it will not be that much harmful when you are ready to hold for infinite time period. Yes, you must be ready to hold at least for one decade of time. Infinite time period denotes holding for next generation.
564  Economy / Trading Discussion / Re: Trading Tricks For Newbies on: January 04, 2019, 07:29:16 AM
I find no special tricks above. For me, those tricks are just common strategies for beginners. Also, I don't see you recommend certain coins for newbies to buy. I think you also need to suggest newbies to buy the safest coins for investment. Many people asked about what coins that are recommended to buy for beginners. Personally, I recommend to buy top altcoins.  Grin
Other than suggesting for not going with all our capital, I am also not finding any special tricks but there could be more number of new traders who might be finding these tips most useful for them. Also even we are all aware of such tips, it is always good to have this kind of discussions to recall those strategies so that we can remember while making trading decisions.

OP is suggesting about going for low volume coins but I am also not finding that is a right tip because we cannot expect all the low volume coins will be raising any time soon but most of them will get delisted from exchanges as far as I have seen. It is always good to go with highly reputed/major coins otherwise simply sticking with bitcoin is more than enough tip for beginners. I am also always suggesting to go with top coins because I am honestly doing that alone, I never risk my capital with new or unknown coins.
565  Economy / Trading Discussion / Re: Traders, what are your views in 2019. on: January 04, 2019, 06:28:26 AM
my view is that in 2019 the price of coins in the trading market is likely to be still unstable, my prediction in 2020 the price of coins in the trading market will start to stabilize
I believe we are the only one person here who is talking about "stable". I'm sorry even in 2020 you cannot find bitcoin will be stable. It will always fluctuate and most people here are concerned about on which direction it will fluctuate and never bother about stabilizing. As per the history and on my own technical analysis that we are going to have sideways markets in 2019 and it may have rising market also but there will be less possibility of seeing bitcoin prices to break $20k levels in this year.

now I have not dared to invest in the trading market
You do not need to be proud of this action. But I'm seeing that you are missing out a very good lifetime opportunity to enter into bitcoin markets for cheaper levels. Yes, it may turn as your lifetime mistake also as you may never get chances to buy lesser than $4k for ever if you will not dare to buy right away.
566  Economy / Trading Discussion / Re: Why are Exchanges promoting Trading competitions? on: January 04, 2019, 05:34:39 AM
One of the reasons behind the cryptocurrecny projects is to convince investors  into storing their tokens for the future. long term investments. thereby holding the tokens and avoid trading. currently, trading platforms are engaging into trading competitions apparently to promote their platform and also the tokens as well. Are their no effects of these to the community and the project developers? 
Both are doing for on their own benefits. Moreover, you cannot predict a trading competition is disturbing the plans of projects from not storing/holding, like when 50% (for example, most MN based coins are having more than 50% locked) of circulation into holding then why not another 10% to 25% may fight for deciding the worth of it.

Still, we cannot say a volume based trading competition involves only one asset or multiple assets. For example, when a trader is into competition and he is active with BTC/USDT trading means, I do not think that will influence BTC prices as buying and selling may happen and we cannot predict a competition will enforce its trading into one direction.
567  Economy / Economics / Re: thinking of selling or investing more. on: January 03, 2019, 08:53:48 AM
Because nobody knows when the market will start to rise. But, as I expected, this time not from Sales just stopped and watched the market and appreciate this time with I family on the grounds that in a few months the market will start to rise. So this time there is no compelling reason to offer. I don't know myself and I can't predict the increase. But if the coin that I hold is valid and worth holding, I better hold it or I have to cut my losses.
I suggest the clearest choice right now is to get in slowly. Just putting in not all your money but a bit of it with time. Right now, obviously we have no idea what will happen, since we can't see the future price could go up or could go down.

Hence, if you put in a bit of your money in, if the price goes up than all you miss is the chance to make more money however what you gain is that if the price goes low instead of losing all of your money you will be losing only a small portion of the investment you did. That is why I have cashed out in early December and right now getting it back slowly, my goal is to get back into what I used to have in over 2 months, that way I am not risking anything and even buying lower than what I sold hence making profit already. That is definitely a strategy I would suggest.
568  Economy / Economics / Re: When traditional markets fall, alternative markets fall harder on: January 03, 2019, 08:02:04 AM
This drop in bitcoin didn't started out when the markets fell, that is what people are missing. I mean october was the time nasdaq started to fall whereas bitcoin was already at around 6500 or so by summer, after october the only fall happened after Craig and Jihan all sold their coins to fuel their war on bitcoin cash and that had nothing to do with the markets.

Basically there is no relation between alternative markets and traditional markets, there is nothing that combines them or ties them together. Hence, they can go up together, they can go down together, one can go up while the other goes down, anything could happen and we can't be really surprised because they have no connection, no matter what happens all would be just coincidence. Until markets open up for crypto of course, if nasdaq lists bitcoin than there could be a connection.
569  Economy / Economics / Re: Crypto debit card for FIAT payments - would you use one? on: January 03, 2019, 07:12:31 AM
It is not really a promotional thing to show off to people to get others interested in bitcoin. As long as there are huge fee's there will not be enough interest to it at all. I mean debit cards still tied to banks and these new coinbanks and what not type of places just focuses on getting as much customers as they can and just work with a bank in their country.

So, basically you are opening a new account in their country, that's seriously wrong. Considering shady stuff banks do to make a buck you basically give all your info to a bank you have no connection to at all, they can charge you couple hundred bucks yearly forever and you wouldn't know about it until interest rates go so high you will be summoned to court or pay and what not.

Hence, I think until someone does this in a legit manner, all of them are incredibly shady and expensive and will not be used properly.
570  Economy / Speculation / Re: A little hope and questions for 2019. on: January 03, 2019, 05:22:45 AM
With the current state of the market I'm still very hopeful and positive that it can potentially get back on track in 2019. I think this dip is a market reset ready to skyrocket next year.

maybe by the end of 2019. you have to consider the "time" aspect of market cycles, not just the price. the only correction that took this long (1+ years) from top to bottom was 2014. after hitting the bottom in january 2015, it took nearly a year before the next bull market began.
By considering the cyclic aspects of crypto markets, I believe that most probably we are into the last phase of down fall markets or in the beginning of rising markets but definitely not in the mid of down fall markets. This is the hope I am also believing into. Like many people are suspecting this year may be a year of sideways which means there will be no possibility of new ATH. At the same time, there will not be any possibilities for big crashes too.

Compared to bitter falling down markets, I also believe sideways are somewhat good to have. Expecting end of year prices to be above $10k levels which must a good level to have as I will be into profits with my all bitcoins.
571  Economy / Speculation / Re: How do you see 2019 going for Bitcoin? on: January 03, 2019, 04:06:13 AM
Expecting first quarter of this year will be a sideways markets. It means we cannot expect anything more than $4300 levels and the second quarter will be the rising market but market may struggle to break $10k levels and the third quarter will be the peak time of this year in which bitcoin may value up to $15k and the last quarter will be again a sideways markets.

This year may have,
high : $15,000 (the fair value of bitcoins)
low : $3300 (a slight down from the current level)
Close : $12k to $10k (downfall from high levels)

By considering the positive news which are going to happen this year and how intensively those news will attract new investors are the core factors being considered for this speculation. All levels are subject to +/- 5% approximations.
572  Economy / Speculation / Re: Former Wall Street Investor: Big Chance Crypto is Best Performing Asset in 2019 on: January 02, 2019, 04:40:16 PM
Lets take a look at the data we have right now. Crypto has already gone down a whole lot in the previous year, in 2019 we are expecting a new STO that will allow ICO to go away and make way for better investment chances for us, we are waiting for SEC to decide on this ETF already, we are expecting BAKKT to start and we have a chance at NASDAQ listing bitcoin as an option.

Look at stock markets now, they do not provide any promise, they are going down, economy is bad and inflation is increasing. I think it is clear to say crypto assets have a much better potential than anything else you could hope for. Nothing in traditional investment have the type of "good news" bitcoin and crypto is expecting, maybe if politicians do something or FED does something to improve the market the potential could be similar.
573  Economy / Gambling discussion / Re: Big Win + Happy New Year! on: January 02, 2019, 03:34:53 PM
Jesus christ from 0.035 to 44 looks like a HUGE jump.

Actually it doesn't "look like" a huge jump it IS  a huge jump. I mean knowing the results of any of that is definitely a great deal and definitely doable, I could have guess at least half of those myself as well, however when you put all of them together at the same bet and knowing ALL of them at the same bet it is incredible and uncanny.

Man I really hope your whole year goes with this type of bets and I hope you turn your 44 bitcoins into hundreds and even thousands of bitcoins in the future. You really do know what you are doing with this sportsbook thing.
574  Economy / Gambling discussion / Re: U.S. Taxes on Bitcoin Gambling on: January 02, 2019, 02:53:46 PM
I understand you think IRS is that much following through power like they used to (I mean after all there is a cliche that al capone went to jail for tax evasion from all things he did) but IRS doesn't posses the power they used to have. To give a better explanation, if you make millions of dollars from Vegas yes you will get caught so you should pay your taxes right away.

Moreover, you gave example of bingo, now in Florida elderly people play bingo all the time and they make money or earn rewards all the time, do you really think an old lady that won a hat from bingo gives IRS the info that she won a hat ? No she obviously doesn't. Same applies with crypto, maybe for something bigger than hat, but in the end if you make millions gambling on crypto you should report it but if you made 700 dollars for example, no one cares, not even IRS.
575  Economy / Gambling discussion / Re: What Triggers Gambling Addiction on: January 02, 2019, 12:28:06 PM
Winning even once triggers addiction because people are greedy in nature. There are just people who can control themselves and there are not.
Have you ever heard about beginner's luck ? That must be a actual trigger for gambling addictions. Uncontrolled gamblers end up in addictions when they believe into repeating their luck moments. Lack of self control and mot aware of dangers of gambling are other supportive factors which are leading to addictions.

I see that people are so greedy and do anything to win. My observation is that, people experience winning ofcourse in gambling so they take many chances and risk bets to win again.
What about the gamblers who are losing ? They are also having equal chances to get addicted. It means winning or losing will not influence your addictions but these are the reasons why gamblers are sticking with gambling. A winner wants to give it another try whereas a loser wants to recover his bet money. Both lose control on their emotions and becoming greedy or aggressive with respective cases and then sticking with gambling and finally getting suffered by addictions.
576  Economy / Speculation / Re: Whales and their influence on: January 02, 2019, 08:08:15 AM
I heavily agree that they are the ones who do provide that direction so for us small traders its either we would able to took advantage on such movement or would easily be
eaten up along the way.
This is not due to crypto markets but it is an usual practice in every markets. Whales are existing everywhere and we cannot do anything about that. We can be sure about few interesting aspects of trading which are based on fundamental of markets.

1. Whales will lose their power when marketcap of an asset will be very big. Yes, whales may not able to overcome against many small investors once we are having bitcoin prices into moon.

2. Fundamentals of technical analysis will be the final winner regardless of how severe manipulations are being taking place.

As of now, we cannot do anything about whales dominance into bitcoin markets as bitcoin mining was designed in such a way it gives more number of bitcoins to early miners and adopters. So, we need to bear all the pain of manipulation of bitcoin prices until bitcoin prices will be hitting moon.
577  Economy / Marketplace / Re: Do we need blockchain technology? on: January 02, 2019, 06:31:29 AM
We may count all scammy projects based on Blockchain as parasites which are impossible to remove. In every big thing there are such cheating stuff, the internet, for example, is generally full of it. We just can't escape, it is simply in human's nature to cheat.
Not just in big thing, even with small innovations, there will be some scammer and robber to hunt down the people who are all vulnerable by any means. Hence, there will be no use of counting on scamming projects and scammers. It is just part of every system so part of blockchain based systems too. Moreover, this is not at all an aspect when we are considering about the revolution of blockchain technology. This technology will evaluate on its own way regardless of this kind of factors.

From the other side Blockchain as technology already showed itself from the good side. And if politics are sceptical about cryptos they both hands vote for the Blockchain technology. And yes, we need it.
Where there will be a need of efficient data management against counterfeiting and keeping track of data changes, blockchain based systems has proved as the most efficient and secured way of data management system. Different applications of blockchain based system will be adopted by all data related business in near future regardless of what will be the stand of government on it.
578  Economy / Marketplace / Re: We made a free portfolio tool with BitMEX position tracking. on: January 02, 2019, 05:57:41 AM
Could you please explain more on what exactly this tool will do for a trader and what are the pre-requisites for making use of this tool ?

What is 'mental math" ? Calculating how much profits you will make if a trade goes as per your expectation or  is it doing anything with entry/exit point ? This tool is limited only for bitmex exchange or available for few more other exchange users too ?

If I remember correctly, bitmex is the exchange which is providing the shorting type of trading for cryptos right now (and most other major exchanges are not having this feature), is this tool doing anything with shorting especially ? May I know why you are developing this tool for that exchange and why not for bitrrex or poloniex ? is this just due to you are trading there ?
(I ask all these as I doubt on the possibility of an indirect promotion for that mentioned exchange).
579  Bitcoin / Bitcoin Discussion / Re: What is the main problem with the crypto market at the moment? on: January 02, 2019, 04:42:11 AM
We need to find a reason of why the adoption of bitcoin or crypto is less or not as much as it should be. The reason for this is that bitcoin price is not stable and it is too much volatile. When the price is so much volatile, no buyer will be willing to accept it as a payment method, as they never know if its value become less in matter of hours.
It is not easier to convince people to adopt a completely different and new system by leaving off what they have been into for generations. Moreover, bitcoin is highly technical based and people need at least an internet connection to kick start with bitcoin ecosystem. I believe these are two prime reasons why bitcoin adoption is not at a pace like we are all expecting. I too agree that lack of adoption by new people must be a main problem with crypto market by this time.

Due to lack of adoption by new people, I believe bitcoin is fluctuating weirdly and I just see that many people are considering volatility of crypto markets as their main problem right now. I believe when we are having more new people start adopting bitcoins, this fluctuation problem will be eliminated.
580  Economy / Speculation / Re: Reversal of Bear Market? on: January 02, 2019, 03:48:42 AM
No sign of bear market eding now,still the market swings and swings laet see this new year may change the condition or not!
End of bear market may not happen in a single day, it is a long process of step by step reversal of market, I guess it is already started to happen and hopefully you also will find out this most expected thing of bitcoin markets. If bitcoin will not break $3200 and bounce back toward $4000 then we may not see $3500 for ever. Yes on that case, we may conclude that we have passed the bottom and we are into the progress of rising markets.

For now we have to concentrate on only the long term investments if you are willing to make money from crypto investments.
Long term investment must an ever-green idea of bitcoin based opportunities and moreover this must be the right time to buy more as I doubt that we may not get another buying opportunity for lesser than $4000 levels.
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