The media hype about mt.Gox dumping bitcoin has done more harm to the price of bitcoin, personally I belief the price will not go above $9000, the era of the whales dictating and controlling the price is gradually weaning, I so much belief the price will recovered honestly there is an increased in the numbers individual holders of bitcoin daily.
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I agreed with of the most opinions here getting rich is by chance, the rich men around world didn't attend ivy league schools to attain their financial status it is rather by chance they achieved their wealth, majority of them think beyond the horizon by finding solutions to what people lacks globally. Bill Gates discovered that we need OS Operating System in various laptops , PC, phones e.t.c he finds the solution by creating or inventing Windows Operating System which was globally acquired in various computing manufacturing companies thus raking in millions of dollars having sold millions of the software.
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Verbal explanation of bounty campaign to family members might not be enough to convince them how you are making money. Practical explanations is much needed here this could be achieved by showing them how you advertise for ICOs via different means I.e wearing their signatures, through social media like Facebook, twitter e.t.c using your laptop or a phone.
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Thanks for sharing this. I didn't know about the second and third factor. Although none of the factors causes long term negative impact on bitcoin or crypto trading in general so price will return to 11k when small investors stop selling and bulls start buying
It is very obvious those factors mentioned will only have short term impact on the prices of Cryptos bitcoin in particular, recall in 2017 when there was a clamp down on local exchanges by the Chinese government, there was a sharp drop in the price of bitcoin, in the aftermath the price recovered, I belief a similar scenario is also playing out now and definitely the price of btc will recover.
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I transfered some funds to my unverified binance account for trading, after making some profits I applied for withdrawal which was successful done without any hassle although all account holders are mandated to do google authentication to avoid hacking of accounts.
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Hi guys,
Could you please share your findings as for the TA tools: do you have any decent strategy to follow. Honestly, I'm not much found of TA, the more I read, the more I think that it is random.
Will appreciate your help, Thanks
Most of the times the TA I used most often are moving averages indicator to determine the trend of the market in higher timeframes using 4 hours chart as the minimum, I also used support and resistance indicator to trade either breakout or pullback of the price using Japanese candlestick patterns especially bullish or bearish engulfing bars, hammers or pin bars, I also avoided those colourful indicators in my chart to avoid messing up the chart.
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I often kicked against speculating the price of bitcoin most of times this speculations wouldn't come to pass sending wrong signals to potential investors who might have bought btc at the peak end of a bullish market, now btc had retraced or pull back to $8900 due to some FUDs e.g SEC warning on unlawful exchanges, Mt Gox trustees selling off millions of dollar worth bitcoin, definitely the market is in bearish sentiment at the moment.
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This is the first time I've been scammed and I haven't seen any post about this technique before. Like everyone; I see scamming attempts on a daily basis. Send 0.1 ETH and I'll triple it; Visit B1nance.com; Submit your private key here, etc.
I thought I was pretty good at recognizing them. When I'm bored; I participate in a lot of airdrops so I have a spam email account for that purpose. Last week; I received an email that I had won some tokens in an airdrop.
The organizer send me an email with a public/private key to an ETH address with ~$5,- in tokens on it (not ETH, different ERC20 tokens). There was no ETH to pay the fee to get it out. I transferred ~0.001 ETH from my own account to cover the transfer fees but a bot immediately transferred the full amount to the next address.
Looking more closely, I actually noticed several other small ETH deposits made that day and immediately getting transferred out.
It isn't the most profitable scam (most people transfer $1-10,-) but it was a new one for me.
NEVER transfer any currency to an address if someone generated the private key. It's tempting to see $5,- in an address when you hold the private key; but you'll just lose whatever you send there to cover transaction fees.
Firstly, I thank you for bringing this information to the notice of members of this forum, this is a warning signal to all of us, scammers are devising several strategies or means of stealing people's hard earned token via scrupulous means having been using phished MEW to steal people's private keys on daily basis.
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My own suggestion is that the new topics creation should be automated by the thread moderator, any new topic that is similar to already created or existing ones should be deleted immediately to avoid duplications of existing ones, and all newbies should learn how to avoid creating an existing thread by using the forum search engines.
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When we will use cryptocurrencies ofr our everyday life?
there is still much to consider in order for the cryptocurrency to be used in our daily life one of which is the permit and legality of the government in each region and price stability Cryptocurrencies is seen as a threat by some government this is seen as a replacement to the banking system due to there decentralized features meanwhile people who had adopted Cryptos sees it as a digital currencies and used it to carry out various transactions that affects their daily lives
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I was also wondering how the so called ban has not affected social media campaigns in this forum, I am very sure Facebook is also considering the implications in terms how it will affect it's finances of course traffic will decrease considerably in the aftermath of the ban.
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Taiwanese Airline to Accept Cryptocurrency Payments for Flight TicketsAsia is probably the most cryptocurrency receptive part of the world where, in addition to a strong bitcoin trading mania, you can already find many regular companies accepting crypto payments to attract new clients. Asian consumers now have yet another way to spend their bitcoin: buying flight tickets for travel around the region. Flight Bitcoin Air 101 Ready to Depart
FAT Taiwan Inc., the company behind the Far Eastern Air Transport brand, has announced that it will accept crypto payments for tickets, making it the first Taiwanese airline to allow its clients to fly for cryptocurrency. The airline says it will fully accept cryptocurrency for the payment of tickets and all relevant services, with the aim of becoming a pioneer of cryptocurrency adoption in the aviation industry. Zhang Gangwei, the airline’s president, commented: “The widespread use of cryptocurrency in various scenarios will usher in a new future for the airline business, lodging industry, OTA (Online Travel Agent) and the entire tourism sector. FAT is about to be the number one in the industry to embrace cryptocurrency and blockchain technology.” Fly to China, Japan, South Korea and Beyond Far Eastern Air currently operates flight services around east and southeast Asia, including lines to several cities in China and Japan, Cambodia, the Philippines, and South Korea as well as a number of destinations across Taiwan. According to its announcement (text in Chinese), passengers will now be able to enjoy a more convenient and “discounted” booking experience using cryptocurrency as they purchase from its over 20,000 flights a year and all related travel products of the company. Considering its home and target markets, it is no surprise that the airline wants to be seen as a crypto pioneer. Besides the regional media attention that it will no doubt bring, accepting cryptocurrency payments will hopefully attract the many passionate bitcoin traders and users that Asian countries, Japan and South Korea specially right now, are known for. And if you are a crypto flyer and looking for a place to land, it was just reported that a South Korean travel website with over 50,000 hotels and other types of accommodation facilities will also accept cryptocurrency payments. Source: https://news.bitcoin.com/taiwanese-airline-accept-cryptocurrency-payments-flight-tickets/
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When I was starting to get involved in crypto-currency, one of its features that attracts me is the privacy it gives you. Now with all those KYC being required in exchanges and in ICOs and other platforms, some people are beginning to be hesitant in their activities in crypto.
KYC is aimed towards preventing illegality that is perpetuated by some scrupulous individuals in the name money laundering, financing terrorist organizations, illegal drug cartels e.t.c using the decentralized feature of Cryptos. Measures taken by the implementation KYC will ensured tracking or tracing of both legal or illegal funds and probably arrest anyone that is involved in the illegality.
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Based on the technical analysis and price Actions I believed the overall market sentiments is still bullish, although the price was unable to break the resistance at $11600 having tested it several times means the pullback or retracement is temporary or short-term, The next price upsurge is definitely going to break the resistance.
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This addition is a welcome development in defining those terminologies that is often associated with Cryptos, this will enable newbies to acquire more knowledge and in particular meanings of those terms, this is geared towards encouraging pupils particularly high schools students to gain knowledge in Cryptos.
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The OP is also skilled in bounty translations coupled with bounty signature all these amount to earning $1K monthly, this reiterates the fact that acquiring others skills is an added advantage towards earning more money especially in this forum, there are other unexploited skills that are highly in demand here.
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Bitcoin price is flirting with key resistance on the technical charts and could either break higher towards $17,000 or dip once more below the $10,000 mark. Having clocked a high of $11,599 earlier today, bitcoin is now trading at $11,473, according to CoinDesk's Bitcoin Price Index (BPI). While the cryptocurrency has spent the better part of the last 42 hours above $11,000, a convincing break above the key resistance level of $11,600 (inverse head-and-shoulders neckline) has remained elusive amid lighter trading volumes. https://www.coindesk.com/make-or-break-level-bitcoin-pauses-at-key-resistance/This is an excellent price analysis, the price of bitcoin is already testing the resistance at $11600 probably a break out is imminent, else the price may retrace to the support at $10K having formed head-and-shoulder before rallying upward however all these analyses are subjects to any upcoming fundamentals.
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Will Bitcoins hit 30K before the end of this year?
Do you also have kind of assumption? I already have...
It is high time we stopped speculating the price of bitcoin I.e price is hitting in $30K in March, it's very common to see different speculations of prices of btc on many threads in this forum, price has no respect for anybody, price will only responds to technical and fundamental analysis, let watch how the price action unfold and follow the price.
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My trading plan is based on price actions and candlesticks formation at some strategic points e.g resistance and support I mostly looked around for bullish or bearish engulfing bars, pin bar or hammers when formed at those marked areas with one more confirmation candle I will trigger a buy or sell trade with a tight stop loss, I have been successful with this strategy however I trade with higher timeframe minimum of daily timeframe.
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I nearly felt victim of such a trick embarked upon by scammers while checking my mails I saw a link from MEW asking me to claim some of my tokens fortunately I have read lately from this forum of phishing sites used by scammers to hack into people's account I promptly deleted the link to avoid touching stories.
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