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6341  Economy / Trading Discussion / Re: Trader don't speculate? on: May 05, 2019, 07:17:28 AM
Well, I agree that we don't need to speculate. FOMO is just for them who are not willing to learn something that related to their area. if we have enough knowledge to do anything, we can speculate it, even it won't be right but at least we have a reasonable basis.
Speculation does not always mean being fomo. It can just be predictions at to what price is going to be on a future date and then preparing accordongly from beforehand. The Reddit storm of speculation is definitely cancerous and something to avoid. Most of the accounts there are just shills promoting their shitcoins and blabbering like kids playing in the backyard.

But normal secularism does happen and the wall observe threads are proof of that.
6342  Bitcoin / Bitcoin Discussion / Re: What about a Bitcoin government ? on: May 05, 2019, 07:10:59 AM
there is a negative and positive impact. but I see the positive side that when Bitcoin can be regulated by the government it will make the Bitcoin Position much better and can be recognized so that Bitcoin will be much more stable.
Whether that is a positive side or not is still speculation. People in the world prefer to think optimistically about things that are going to help them and opposite for those they don't like.

While you being a bitcoin enthusiast is bullish others are not. Most of the people in this forum hate their governments and tend to think negatively of those. It can be both good and bad considering how they use and manipulate it. Overall I think governments don't have time for things like crypto because they have to run a country.
6343  Economy / Gambling discussion / Re: Gambling - A Game of Luck or Strategy on: May 05, 2019, 06:55:27 AM
It good you're not a big time gambler which I am not much a gambler cause I gamble when i think it wont affect my time and financial aspect which I also agree with what you said about been able to control ones buzz is the real winning strategy on gambling but luck is what bring the chance of earning the fortune in the game.
If you are a responsible gambler you won't have a problem managing time and money. If it's your mode of hanging out and having fun considering the cost as your wagers then you should be good since you can keep yourself in control. While this is not true for majority of gamblers since they play for profits and they forget the casino being the source of all their previous losses as well. If they know this and still act blind then no one can help them.
6344  Economy / Trading Discussion / Re: Trading for the Inexperienced Traders on: May 05, 2019, 06:49:23 AM
I think it will also be useful to pay attention to overbought and oversold markets. I know that this is also a working strategy when you buy when the market is oversold and sell when overbought.м
How far the news of being over traded is also tough to verify for newbies who lack the knowledge of doing technical analysis. While day traders are surely going to jump in as soon as something is over bought to sell them, new traders may wrongly buy in at that time

Not always is the market going to be overtraded. It's just normal correction and it goes back to its levels soon enough. Just keep a watch and get notified of weird price trends and you can catch hold of good coins at good times.
6345  Economy / Gambling discussion / Re: What do you think about the gambling site's having a promotion? on: May 04, 2019, 11:45:31 AM
Well promotion of a gambling website is purely intended towards attracting more and more users and making the costumer base crowded because that is what the company wants. They get more clicks on their websites and make more money. The promotion packages could consist of free entry to games and at times winning some amount of crypto as a result of free entry but it never surpass their cost.
It's all a part of their marketing. Gamblers especially whales are always looking for the VIP treatment. They want the casino owners to make them look big and important and this fact is know by the casino owners. So it's like a symbiosis since the nee promos bring in more traffic and money and the VIPs are fed with more crowd pleasing. They need their dose of customer care too.

Whether or not it's good or bad is a personal choice. Bottom line is that it keep the addicts addicted and that is good for the owners.
6346  Economy / Trading Discussion / Re: 4 Things Traders Must Do To Be Successful on: May 04, 2019, 11:36:52 AM
I think we are talking about trading right? but even day trading does not mean you have to monitor the market and do analysis throughout the day, of course you need a break and that is important for a trader, stress is very vulnerable to traders, so I think you should have a plan about resting too
Talking about day trading yes. People who do that mostly follow their pumped up coins. Do take it for granted that day traders make all their profit from trading. They make a lot more from selling their picks to a handful of koolaid driven gang ready to support him as a self-proclaimed god.

Stress is obviously harmful to any trader. But being in crypto if you can't handle stress and anxiety then you need to stop trading. Otherwise a better method is long term holding and selling a big pumps.
6347  Economy / Economics / Re: what makes us good investors. on: May 04, 2019, 11:32:27 AM
Right.I think if your goal price to sell has been reached already,then don't be greedy to wait for another pump.Sell right away your coins and make profits.It's better to make profits consitently even just a little amount but make sure also that you know the best entry and its best exit so that you will not end up losing too.
Many people make the mistake of waiting for another pump. It's human nature to be greedy and they need to correct this. We know that it feels bad to see another pump after selling and exiting but know this that it's equally painful to be holding onto it after a pump and then a dump while you forgot to sell. Best entry and best exit are still relative. Even then we can come to a consensus that a 20-30gains are a point to exit and then wait and watch.

Waiting and watching the market is also of utmost importance something that many traders fail to do.
6348  Economy / Economics / Re: Can Bitcoin Beat Banks? on: May 04, 2019, 11:27:49 AM
It seems very unlikely that this bitcoin can defeat the bank, because a bank has been strongly trusted by the community to save their assets and invest in the bank and the bank already has enormous trust from the public even though the bank is not one hundred percent safe
The trust isse is going to be there unless a method to transact is discovered which allows transparency. Bitcoin is close to that theoretically though practically there are a lot of things to speculate on. People trust banks because they know the ones running the bank and have been using their services at length. These are some bad points for bitcoin being more popular in the tech-inclined crew and not being trusted by a certain group of people.

Nevertheless, we expect a sort of balance between the two and thus in future we might see bitcoin taking over.
6349  Economy / Trading Discussion / Re: Trader don't speculate? on: May 03, 2019, 06:26:59 AM
Seems like a more interesting game than cryptokitties and in that genre, but buying a horce without even being able to play the game is not different than buying ico coins...
Some people do it for the game some so it for money and some just follow the trend just to sell it when the time comes. In the market do not trust anybody creating a new trend. Kitties is old now but we see new ones every now and then.

Speculation happens on these topics and they get driven above the price charts. Are they worth putting money into? That's your personal decision but I feel they are not worth the time taking into consideration that you have monitor them and spend time on them. Who does that when you can just buy Bitcoin and hold.
6350  Economy / Gambling discussion / Re: Any knows the mathematical formula to winning the lottery? on: May 03, 2019, 06:22:21 AM
You have answered your own question. The popular belief that mathematics can help you win is a flawed concept. What maths does is that it predicts the odds - that is correctly done, but that won't help you win. Wins depend on your luck and your analysis of it's a EV+ game which lottery is not.

Use your common sense to answer this question if you are still in doubt. If there was such a method would casinos have no become bankrupt? But they didn't so the assumption was wrong. Wink
6351  Economy / Economics / Re: Big risk ,big results. on: May 03, 2019, 06:18:41 AM
Don't be afraid of taking risk, or you wouldn't get the desired results in life. If you are a trader then it is all the more important for you to take the risks so that you can get high profits.
That's a very optimistic comment but I beg to differ here since the profit is not guaranteed. You have to be a skilled trader and enter and exit at the proper times to be able to get that profit. Without being decisive you would be repeating mistakes and would create a repulsion towards crypto.

Being afraid to take risks is normal. With practise this fear reduces. Again for panicky hands the fear never reduces. They should stay away from trading.
6352  Bitcoin / Bitcoin Discussion / Re: Should bitcoin be limited to 21 million? on: May 03, 2019, 06:14:51 AM
if in my opinion it doesn't need to be limited bro. because the price of bitcoin is unstable and even soars it is very good. for investment either long term or short term.
I am really amazed at the lack of general concepts about Satoshi's ideology that people in this forum have started to express. Bitcoin was and is supposed to be made scarce day by day in order to make it a deflationary currency. That's how it was envisioned. You all should go through Satoshi's white paper once a while if you have never heard of it, yet.
The fact that Fiat is printable every when it's needed is one of the reasons of its current state. I don't understand why people are failing to understand these simple things. 21m is the golden number.
6353  Bitcoin / Bitcoin Discussion / Re: What about a Bitcoin government ? on: May 03, 2019, 04:27:52 AM
Tha's the point that once the government are able to have their Bitcoin they will have the full control on the adopters. They will manipulate their ways in in order to enslave the adopters. We don't need government Bitcoin as we are okay with what is currently on ground {Bitcoin}. Bitcoin is decentralized and that of the government will be centralized.
Yeah it's longshot but let's be realistic here. A government based on crypto as it's only currency is not going to be something happening in future. Crypto will remain as a cultish following and people are going to follow it because they see a future in it and thus a reason to follow it. What another country may propose to do may not seen feasible and "good" to another country. Manipulation comes after that acceptance.
6354  Economy / Economics / Re: Do you think Institutions secretly HODL Bitcoin? on: May 03, 2019, 04:15:55 AM
It is very possible for some institutions to be hodling bitcoins. I have read in some posts where it was even alleged that North Korea and Russia may even be hodling some bitcoins in order to evade possible US sanctions or none access to the US dollars.
You read that in posts? You mean posts by other members here? Don't believe everything you see on the internet because false news is rampant and people act like idiots spreading them as well. If that was from a known reliable source then you can believe it but to me it seems mere speculation.

JP Morgan hodls a few coins. ironically they also "manipulated" with statements. But i mean its an unregulated market - no rules, no referee. perfect for banks  Roll Eyes
Truly said. The banks know the drill. Since they can't beat Bitcoin they will just become holders of Bitcoin as well but make more did about it so they and their friends can buy at lower price.
You cannot stop this process. It's all a part of the system.
6355  Economy / Gambling discussion / Re: Gambling.. way to loss on: May 03, 2019, 04:11:53 AM
If you want to gamble responsibly, you should pre-set your limits. And stick to your own rules.In that way you'd enjoy your gambling.
When people start to loose, they tend to be aggressive and bet more and while people start to win, they become overexcited and gamble recklessly as the luck is all in their favor. Be a person of reasoning and you'll always win.
Limits are only set to be broken. An addicted gambler is considered as an addict because they break their own rules just because they have to feed their inner hunger of greed. While this is definitely bad but they are helpless against it.

Being aggressive about playing what you say, happens when losses start increasing. That is obviously going to happen. That's how the casino will make use of your emotions against you.
6356  Economy / Reputation / Re: @hilarous on: May 02, 2019, 04:34:09 PM

OBSERVABLE FACTS prove that a chocolate Teapot is more useful
Chocolate teapots are actually edible and worth your while savouring it, rather than eating a chocolate covered piece of poop.
6357  Economy / Reputation / Re: @hilarous on: May 02, 2019, 11:57:11 AM
Can't you just send him a PM instead of continously poluting the forum with your childish nagging?
You can't expect narcissistic trolls to follow the forum rules can you? They will keep acting like kids because they are kids even if they think they are not and even if their body size is way bigger than their brain size. Can't help delusional trolls but ban them outright from civil discussions. Hats off the liberal nature of  this forum. It has both it's good and bad effects.

Waiting for a wall of text quoting my message from psychohunter.
6358  Economy / Lending / Re: BTC Loan request- new user, have mercy on my soul... lol on: May 01, 2019, 06:25:17 AM
Its kinda of hysterical you just automatically label a new user as a scammer without any evidence
Evidence is there in the reference link to your trust rating. You asked for a non collateral loan. This is a sign of scam in the this forum where people think they are entitled to get a bunch of satoshis whenever they cry for it.

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for doing so other than an offer you deem to good to be true by your unparalleled marvelous all knowing authority as a forum self indoctrinated overlord - great way to get more people involved in the crypto trading world...  Sad
A legitimate trader would go to their bank and mortgage/collateralize an asset in order get a loan in fiat. We also have crypto lending platforms where you can use alts as collateral to get a bitcoin loan. So much stuff you could do instead you decide to come to the one and only bitcointalk lending to ask for a loan. What else could go wrong. Roll Eyes
6359  Economy / Economics / Re: Everything is an investment-change my mind on: May 01, 2019, 05:26:03 AM
There is a risk if there is investment but there are basic golden rules that we must never forget when investing.
It is the same in everything just like the OP has said. Unless you are making money after getting a proper job if you are just trying your luck and/or so called market analysis to make money then risk will be there.

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This rules are more important in the crypto market because prices in the market are much more variable.
Volatility in market is again relative. Current 1m may not such that much if you look at it in the long term. Crypto is notorious for its huge swings in price but that only makes analysis more difficult.

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For this reason, it is very important to buy purchases gradually, not to direct all the money at one time investment. To reduce risk it's best to try to find the right time and the right price instead of trying to catch all opportunities.
Truely said, right time and right price is important. Again what can be a right price will vary from person to person. Taking the current bitcoin price quote any dump below the 5k level is a good buy and a dump to 4.5k is a good buy as well. But another person may just be bearish and say no to this.
6360  Economy / Trading Discussion / Re: Would like to start trading. Looking for tips!!!! on: May 01, 2019, 05:06:51 AM
The best advice in trading is to get rid of the excitement, correctly distribute the Deposit into several parts, use those exchanges that have mobile applications with notifications of growth or price reduction, then it will be only a pleasure)
I agree with getting rid of the excitement part but I am not sure what you mean about mobile applications available exchanges. Yes many exchanges have apps for smartphones but does that make any difference. I mean does the platform of use matter so much as to influence your trading on a general basis?

About notifications regarding price rise and drops, you have use your own judgement here. If some less known coin suddenly pumps to 400% gains while bitcoin is being bearish, then its not the good coin to buy into because its a fake pump which is going to crash or has already crashed and you are seeing the metric of a hours back.
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