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61  Economy / Economics / Re: Repeating of all time high has begun on: June 30, 2019, 02:11:09 PM
those who thinks bitcoin will probably dive anytime , i think it already has for a long time since last year
its time for it to create new all time high so im staying positive with this guys



seems like its going for a correction having a hard time right now staying over 12k been rejected 2 times and dropping about 1000 dollar both times if it wont cross and stay about 12k we can expect it to rebound to 10k if it cross that its going to test lower levels before it start its climb again, its a intressting time right now it can go either way with huge gains or loss as a result.
62  Economy / Gambling discussion / Re: Play poker to train trading on: June 30, 2019, 02:06:48 PM
In my opinion trading and poker are very similar. Interface is the only difference. Rules are the same.
I know that part of you will disagree with me with my very first sentence by saying that poker is game of luck and trading is based on indicators, supports, TA, FA and many more. Well you know nothing about trading and poker then Smiley

Why poker is not game based only on luck if cards you get are totally random:

Yea. Cards you get are totally random. But how to explain that we have so many professional poker players that play poker for a living? Well the only thing that they differ form those who are loosing is money management and discipline during bidding.. Bidding is the first and only moment that determines if you will lose or earn in poker. That's the hardest part that needs experience. Why?
With infinity plays you will have every possible card set. Good once, bed once. Sometimes you will lose sometimes you will earn. Key is not to lose less times. That impossible. Key is to lose less money with bed cards than you win with good cards. That's where money management and discipline comes. In poker that's especially hard because you have to say good bye to your money even with quite good card without battle if bidding is going too far and calculated probability of winning is showing you red light to bet higher. But that's the hand that makes bed player go home with 0 and good players stay and fight again.

How about trading?

In trading, you also don't know your opponents "cards". You don't know who is on market (whale are buying or bunch of fomo noobs). If whale than how much money he has left, when will he dump. TA may show various of buy signals but on the other hand that's the best moment for whale to dump (best price and best volume when everyone is sure that price can go only in one direction - f.e after breaking resistance). Will he dump or not? Is support holding for so long because someone is buying at that point or maybe whale stops to sell to don't break it to don't cause panic selling?
How about Fundamental Analysis? That's where we may be even more cheated by insider trading. When news hit market price is very often pumped by whales who new before. NEWS from which you do FA may also be faked by coin team. Even team might be faked.
It means that trading is game of luck? No. That's where money management and discipline comes. Same as with poker. Key is not to lose less times. Key is to lose less money with every bad trade. To cut looses and say good bye to your money even with "quite good card". To learn to enter only those trades with high probability of winning (TA buy signals) combined with low risk (close to support where you could set stop loss). TA indicators are easy to learn in 1-5 days. Good trader is able to earn on market for a living after few years of experience because discipline and money managements takes so much time to master in trading. That's where poker comes in. You can train those skill playing poker where every bet takes minutes not hours/days. You can master those skills faster and even for free playing for unreal money.

Professional trader and poker player will say the same thing: -You lose the most when you are sure that you will win



i dont agree at all, the only real thing i can see that are the same is how you should treat the money you use, and have proper risk managment to not lose it all in one bad luck move.
63  Economy / Speculation / Re: Bitcoin dominance hits 60%, alts lagging behind on: June 30, 2019, 02:05:34 PM
Recently, one of the analysts suggested that the new bull market will differ from the old one in that bitcoin will grow faster than altcoins and shitcoins will not grow at all. I don’t know how true this is, but you can believe this, given that many investors are aware that 90% of projects are crap and not worth $ 1. From fully working projects it is possible to name only BTC, ETH, BNB, LTC. Such projects as EOS unfortunately have a bunch of flaws and problems and their full-fledged work cannot be named successful


alot of analyst been saying that, and that we will see a huge drop off in the amount of coins on the market, it will be like 10% left of what we have now, and to be honest i realy hope so alot of these coins are pretty much useless.
64  Economy / Gambling discussion / Re: Tennis League All Thread on: June 30, 2019, 10:24:01 AM
This year will be interesting in Wimbledon. Djokovic defends this title Federer and Nadal can play in semis, but for some surprises we saw it last year.
But to see some prediction on possible 4th player for semis can all even Federar and Nadal can lose and Djokovic , but if I have to choose then maybe Thiem or Tsitsipas.


would be a epic final with federer and djokovic , think federer still has it in him to win wimbledon one last time, and against djokovic would be such a great sports moment and a nice ending to federers amazing tennis career.
65  Bitcoin / Bitcoin Discussion / Re: What the future HODL? on: June 30, 2019, 10:21:13 AM
Bitcoin always experiences a surge in prices in the months leading up to halving. The next Bitcoin halving is scheduled to take place in May 2020. No wonder the price of bitcoin will increase. So we just wait until after halving Bitcoin.

yes last time it boosted the price like crazy and alot of new investors flocked to btc, hope its the same thing this time im betting on it that it is, so trying to grow my stack until then.
66  Bitcoin / Bitcoin Discussion / Re: Iran seizes 1,000 Bitcoin mining machines after power spike on: June 30, 2019, 10:19:56 AM
Quote

Authorities in Iran have seized roughly 1,000 Bitcoin mining machines from two former factories, according to state TV reports.

The action was taken following a spike in electricity consumption.

Demand for power rose by 7% in June and cryptocurrency mining was thought to be the main cause, an energy ministry spokesman told local state-run media.

One researcher said Bitcoin was gaining more and more attention in Iran as a potential means of storing wealth.

"Two of these bitcoin farms have been identified, with a consumption of one megawatt," Arash Navab, an electricity official, told state television.

https://www.bbc.com/news/technology-48799155

Can this confirmed that indeed Iran is already into bitcoin now as a hedge specially as fears of a total war with US?


read an article about iran being the new hotspot for crypto mining thanks to the low price for electricity, did not realy belive it sounded abit off in my eyes, now i guess it was true after all lol, also wonder how this will affect btc if usa goes to war with iran.
67  Bitcoin / Bitcoin Discussion / Re: Cash out after having investment trippled in bitcoin! on: June 28, 2019, 11:51:27 AM
My brother had invested in bitcoin where market price has down to 3K usd. Seeing the current market and the needs arisea, my brother had cash out already and I am not surprise that he trippled his money investment. Good for.him but I think it must be hold still if I were on his side. The only problem is that I am not control of his money and seeing him profited in bitcoin makes me regret why I am.not investing and risking money during the bear market.

Who among you here does not hold btc anymore and afraid of investing to bitcoin? Did you regret of not investing on bitcoin too?


i would atleast keep some of the money if it goes up more , that way he atleast earned some and is still in the game to collect more if it rises even more, he would realy kick him self it it goes to 20k in a couple of weeks lol Cheesy
68  Economy / Trading Discussion / Re: Is Investment better or saving? on: June 28, 2019, 11:49:46 AM
no one is better then the other , with investing you can lose money and also gain money , but it would realy suck if u invest for 20 years and made nice gains to lose it all right before you go into pension and that have happend to alot of people.
Investment is in no way safe.

Saving on the other hand might be boring but atleast you dont risk of losing all in one swoop.
I suggestion a combination of both thats the smart thing to do.
69  Bitcoin / Bitcoin Discussion / Re: Netflix is gonna film documentary about crypto on: June 28, 2019, 11:31:54 AM
First of all, I think it will be a great educational video that can explain much for newbies and secondly, this movie can push bitcoin's and altcoin's price reach the sky (don't perceive it literally). What do u think?

the source: https://thebitplex.com/?p=198


that would be great, notice alot of people these days dont want to read the want to watch documenteries to learn about subjects. this is a great way to educate people about the history of crypto and might even turn some people into new investors.
70  Economy / Speculation / Re: Downward Trend on: June 28, 2019, 09:40:16 AM
Is current crypto downward trend only temporary?


seems like it recovered for now and moving up some again, think it will stabilize around 11-12k range before making the next move up or down. but it has to be a correction soon a big one it has gone up alot the last couple of weeks and no real correction, a correction always comes sooner or later.
71  Economy / Gambling / Re: FreeBitco.in - Win a Lamborghini Huracan LP 580-2!! on: June 27, 2019, 03:54:22 PM
just have to say this thanks for telling me about this awesome site , at first i thought it was a scam it sounded to good to be true , been using it for over 1 year now and it always payed me, and it has alot of promotions and raffles to earn extra btc and best of all its free, hope this site stays up forever Cheesy
72  Economy / Gambling discussion / Re: Need partner to bet with on: June 27, 2019, 12:49:27 PM
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

so you say someone should trust you to pick winners with bet of around 1k each? and you take 40% without risking anything, that sounds realy dumb for the person that holds the bet365 acount, and 1k a bet is ALOT of risk. dont think you find anyone that would agree to that deal maybe give you 10% is enough you dont risk anything after all.
73  Economy / Gambling discussion / Re: Does convince people to enjoy gambling is a wrong idea? on: June 27, 2019, 10:25:51 AM
I do not suggest to convince them to enjoy playing gambling, it is better to tell them anything bad about playing Gambling if indeed he still wants to play and later he is stuck it is not your responsibility anymore. Because playing gambling is not always to entertain and get profit but we also have to think about the risks because it is the most impactful.


but the thing is you can never know who is going to develop a problem or not , i know people that lost alot of money buy they are still not gambling addicts they just have alot of money from work that they can spend and they play for fun, and can stay away and dont chase loses. some people have the "addict" gene and then they gonna get hooked no mather what as soon as the try and feel the rush.
74  Economy / Gambling discussion / Re: 🎾🏆 Wimbledon 2019 - Discussion Thread 🏆🎾 on: June 27, 2019, 09:51:22 AM
Jesus, Federer is still going? Surely he's gotta be close to 40 now?

Looking through the top 10, seems like practically all of the top Tennis players are in their thirties now, strange compared to other sports like boxing, sprint and soccer where players peak in the late 20s.

That being said, Djokovic is a beast, my money is on him.


My money is on federed hard to bet against federer on grass, and the level of play even as he gets older is still top 3 without a doubt and that is realy hard to believe Cheesy
75  Bitcoin / Bitcoin Discussion / Re: What's bitcoin worst case scenario if Libra will be successful? on: June 26, 2019, 09:49:38 PM
I heard people saying it won't affect bitcoin at all, and others say it might destroy it

I wonder what's your opinion about it?

What can be the worst case when it comes to Libra and Bitcoin?


think nothing can destroy bitcoin completly , but lets say that libra becomes realy hyped alot of the investors that are just into btc to make a quick buck will jump ship and the overall btc volume would take a big hit. but i dont think libra going to become bigger from a investment perspectiv they are so diffrent and doing diffrent things.
76  Bitcoin / Bitcoin Discussion / Re: Can we officially consider Blockchain the new internet? on: June 26, 2019, 05:38:53 PM
Blockchain can't be the new internet, bot of them are technologies but are different technologies, to be clear, without bitcoin internet will work fine, but without internet bitcoin will not work, because internet is the medium.

But of course bitcoin is a paradigm change and can be considered as the new money, it can take the place of paypal or visa and that's where things get interesting.


yes , feels more like blockchain is a extension of the internet and makes it possible to send value through, and that is a upgrade not enough to call it internet 2.0 but 1.5 Smiley
77  Economy / Web Wallets / Re: My blockchain wallet was stolen!!! on: June 26, 2019, 05:30:00 PM
I was using my Blockchain Wallet always with 2FA code! How could this have happened?

Please help me! What do you recommend me to do right now?

I installed some widgets on my computer to track the price of bitcoin, I think that must have been it!


if someone just hijacked your wallet but funds are still there contact support! if someone transfered the money its gone but u can still get ur acount back if u want that , either way contact the support is your best bet!
78  Economy / Gambling discussion / Re: Hospital That Treats Bitcoin Gambling Addicts? on: June 26, 2019, 03:48:33 PM
There is a hospital in Scottish that treats people that are bitcoin addicts or some who are addicted to bitcoin gambling.

Crypto trading or bitcoin gambling can be considered is a classification of behavioral addiction, with investors are always checking the coin graph and those who keep betting until they get bitcoins. If you knew yourself is being addicted to gambling, it's time to go to this hospital.


think most bitcoin addicts are just your typical gambler addict they like the rush of making so called "free" money and its easy so anyone can get started Cheesy
79  Bitcoin / Bitcoin Discussion / Re: Youtube bitcoin advertisements everywhere. on: June 26, 2019, 03:46:09 PM
I see bitcoin advertisements on youtube vids, everywhere. Definitely a good sign

Prepare for a new ath, ones bitcoin reaches a new ath the media reports on the ath will push it to like 25-30k.

Screen below


Basically, that's a good awareness to the general public toward to the adoption of Bitcoin. This advertisement will go a long way to help the spread of Bitcoin. Although it's high time we stand up and spread the awareness all over social media. Nice job for that guy or guyz that tend to spread the good news of this technology.


its a target focused ad it shows him comercials on what he watches on you tube, it has nothing to do with google wanting to promoting its automaticly.
80  Economy / Speculation / Re: Where will the price stop ? on: June 26, 2019, 11:59:03 AM
Grin hey everyone I think it's time for everyone to be Happy and investing since the price is actually climbing over the roof now .

Well there are few quotes that I came along on the internet made by some major websites , lemme state that out for you :-

*This was quoted by cointelegraph *

"As Cointelegraph reported on Friday, hash rate hit a new all-time high at over 65,000,000 TH/s. In other words, Bitcoin is more secure than ever and would require an unfathomable amount of computing power to affect the network."

"In fact, the number of Google searches for “bitcoin” is only around 10% of what they were in 2017. In other words, retail investor FOMO has not even started yet, which may suggest that BTC price could go much higher than last time"

"The latest rally to five figures is also happening way before the Bitcoin block reward halving set for May 2020. This is when mining block rewards will be cut from 12.5 to 6.25 BTC, thus reducing the bitcoins minted by miners who are naturally market sellers."

Just saving you guys from reading the whole para '

So according to these arguments , Bitcoins should be able to just strike beyond 20k$
But what do you think ?
Will the price stop here or just climb up Huh
Is it okay for us to have an unnatural price prediction??
What are your thoughts on it ?





thats the thing why most people lose money in the end , they think one trend will last forever that something that goes up will keep going up, they need to learn that everything that goes up must come down, its how its always been both in life and in trading Smiley
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