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681  Bitcoin / Bitcoin Discussion / Re: Bitcoin Security on: October 19, 2018, 02:59:41 AM
You can save you asset or your bitcoin at trusted exchange where have more member there and you have added security at your account exchange, maybe by added your account will be safe and keep away from lost your asset or your bitcoin.
One of the first advices that people receive after buying some cryptocurrency is to get their coins out of the exchange, why is this? This is standard advice because it does not matter how safe is an exchange hackers are trying to find a vulnerability in the exchange and if they do they can steal millions of dollars in a matter of minutes and you could be one of the unfortunate persons that goes through that, but if you hold your coins yourself the target in your back is way smaller and very few hackers will try to get your coins.
682  Economy / Economics / Re: Sick and tired of the cryptocurrency bullshit!!! on: October 19, 2018, 02:51:39 AM
You do not have to be depressed because of the crash in the market at present. Look on the bright side and enjoy this moment of stability with bitcoin price. For a long time we have not have this low and controlled volatility. Also, know that every business us controlled by the big monies. It is not with cryptocurrency alone.
I agree with this, you need to take advantage of whatever opportunity the market gives you, in the previous year we had a bull market and we could take advantage of this, and now we have low prices, while many seem to be mad about this, this is a great opportunity because as we know in the future there is going to be another bull market and when that happens if you took the opportunity to accumulate coins at this price then your profits at that time will be amazing.
683  Economy / Economics / Re: Money Matters on: October 19, 2018, 02:42:04 AM
Money is important in many ways ,but not all things can be move by money, money is important in every third world countries who are sufferring financial needs , it does not matter in the first world countries  because if you would like to work ,you can earn money because of many job oppurtunities ,jbut to the poor countries with less investors ,its hard to find money , there are many jobless persons, but with this cryptocurrency technology ,I think it is a lot of help to persons to earm money, through hardwork and patience.
Money is critical but you are making the mistake of thinking that just because a person lives in a country that has been developed that such a person is going to get money very easily, in fact like in most countries if you do not have education it is going to be very difficult to make money in that country, so what you need to do is to try to get a skill that is in high demand and that pays very well, if you can do that and you are willing to work hard then getting money could be easier for you in that country.
684  Alternate cryptocurrencies / Altcoin Discussion / Re: Fake ico and bounty on: October 19, 2018, 02:25:56 AM
I have never heard about the tools that would help to avoid fraudulent ICO.But there are already platforms that are ready to guarantee all investors the safety of their funds in case of not fulfilling the conditions of the team that conducts the ICO.This platform is called W12.Maybe with the help of such platforms there will be more investors.Bounty participants to more carefully select projects they are promoting.It is better to spend 1 day searching for a good bounty than to take part in 10 useless bounties.Recently, everyone pays attention to quality and not quantity.
While the idea of such a project is not bad at the same time that is not going to solve at all the problem with scam icos, after all why a scammer is going to try to become part of that platform when most icos do not do that, besides in this market people are not really friendly towards centralization, so even if that were to solve the problem many people are not going to like the idea of just one company having all the control over the icos because that can lead to corruption.
With these kind of arrangement or system then Corruption would really be on high chances but i agree on what you do said that not all would really be friendly towards centralization.
Im not really trying to use up my mind too much on thinking on how to solve this global or entire market problem when it comes to Fake Ico.
To me the best solution is that each person realizes their own investigation about the coins in which they want to invest and if they find something suspicious they can post their results in the forum, this is something that is already happening since there are now many people looking at scam icos and are revealing their results and as you may guess the results are not pretty, with most of the coins investigated being a scam of some type which is the reason I am no longer looking to invest in icos.
685  Alternate cryptocurrencies / Altcoin Discussion / Re: It can still happen again on: October 19, 2018, 02:13:21 AM
I just analyzed last year pump and hard to believe, but we reached 1000 $ gap in ethereum just in 2 months.
It is strong result and who knows, maybe this year or at the beginning of next year this is going to happen again
If that is the conclusion that you reached then it does not seem like you made a deep analysis, it is obvious that at some point we are going to reach that price again but for anyone that has been in this forum for a long time it seems that the bull market is not going to appear in several years, and it seems that a lot of people are in denial about this but it seems to be the truth and you need to accept this because if you do not then it is likely that you will take mistaken decisions in the future.
686  Economy / Economics / Re: The significance of bitcoin decentralization on: October 17, 2018, 10:07:52 PM
I think the significance of bitcoin decentralization is that theirs no third party involve in a transaction. It is a peer-to peer transaction and a hassle free for the working people.
This is something that many seem to forget, bitcoin doesn't need a third party to settle transactions since all of that is done peer to peer, this means that the government doesn't have a way to censor bitcoin, they cannot attack the central bank of bitcoin and destroyed it, and governments are very confused about this, governments are very good at destroying opponents that are centralized but when they have to compete against an enemy that is everywhere at the same time they do not know how to deal with.
687  Alternate cryptocurrencies / Altcoin Discussion / Re: Hacking kills the cryptocurrency market on: October 17, 2018, 09:28:29 PM
hackers are merely a small part of the risk in crypto and this will not be able to kill crypto. even though it is indeed quite disturbing and disturbed many who would be this. but for being safe and not enough data in storing the secret private key as I think it will remain secure. There is no Exchange or legal entities that want to replace for the loss incurred and of course because it's the most important thing is going to be cautious.
Hackers may be a small part of the risk in cryptocurrencies but they are without a doubt very influential when it comes to the media making public their crimes, after all we know that hackers also steal money from banks and from people with credit cards but at least they have the protection of a system that allows them to chargeback that money, but as we know that is impossible with bitcoin and while that is a feature that I like that doesn't mean that I do not see the risks.
688  Economy / Economics / Re: Do you use cryptocurrencies in your daily life? Are they useful? on: October 17, 2018, 07:19:01 PM
I don't have a lot of opportunities to use my cryptocurrency very often, most of the time it sits on my wallet doing nothing, but this could also be a consequence of my decision to hold all the bitcoin that I can, unfortunately for me I do not have a lot of bitcoin which means that I need to take care of it a lot because I understand the potential of bitcoin has to become incredibly valuable in the future and I do not want to miss a single dollar of the profits that I could get out of my investment in bitcoin.
689  Alternate cryptocurrencies / Altcoin Discussion / Re: There is no need to panic!!!!! on: October 17, 2018, 04:52:36 PM
Everybody is panicking when others selling like a fool of senselessness. Bitcoin dropped from 20k to 6k only because people were greedy not because Bitcoin is mistake in a technology world.
The technology behind bitcoin is still the same, what changed was the perception of people about bitcoin and about what it can achieve, but all of those people that changed their minds do not really understand the technology behind bitcoin and how massive is going to become in the next years, that is why they sold their coins, but eventually they are going to realize that they made a huge mistake because it's very clear that the price of bitcoin cannot remain at current levels.
690  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 1 btc to 25 btc till' end of year on: October 17, 2018, 04:21:22 PM
In my opinion, it has a so small chances, you know. Especially for btc, because it has smaller and smaller profit and trust in market now. Btc can't make 25x, in contrast with altcoins
He is not looking for the price of bitcoin to grow up 25 times what he's looking for is to multiply one bitcoin into 25 something that seems to be even more difficult to me than bitcoin growing 25 times in price, and the only way to get that is to trade or to invest in altcoins and hope that you took the right decision and that altcoin grows many times faster than bitcoin, something that is not easy at all in this market where there is no growth.
691  Economy / Speculation / Re: Why we will see $50k Bitcoin end of year on: October 16, 2018, 08:40:28 PM
The last time the CBOE launched a Bitcoin financial tool, futures, we saw $20k. Recently rising Bitcoin dominance shows people betting on the latest CBOE tool, ETF, being approved.

Bitcoin dominance is heading towards fifty percent by marketcap. What does this mean for the price and how should traders and investors view it? Marketcap is by far not the best metric to read dominance, but that doesn’t mean it can’t add value to your trading.

Latest Podcast Episode Discussing More Details

https://soundcloud.com/buy-or-sell-what-the-hell/does-bitcoin-dominance-matter-to-traders-35



The price of bitcoin did not skyrocket for the reasons that you are stating, the price of bitcoin grew as much only because of the internal news regarding bitcoin, the price of bitcoin went up because segwit was activated, and this happened because people understood that the activation of segwit will eventually bring the lightning network and when that happens people are going to be able to use bitcoin as a currency once again and the transaction costs are going to be very cheap.
692  Economy / Economics / Re: What can be done to make bitcoin stable? on: October 16, 2018, 08:04:30 PM
Legalize crypto  in some way and implemented trading regulations
punish all that illegal on fiat money market trading
Imagine daily flash crash on fiat market
Now together with all that fake future it is most profitable way of making money on bitcoin
 
There should be a punishment for every manipulators and KYC should be done no matter who you are. But in reality, its hard for bitcoin to become stable because of so many reason. Maybe we should start learning on how to trade well in this volatile market.
It is never going to happen, how many exchanges have know your customer policies? Almost every single one of them are asking for that information and yet many people are simply avoiding exchanges because they are not going to surrender their information to them, you cannot force people to do that because as we know cryptocurrencies were designed to avoid regulation as much as possible, so what you are proposing is simply impossible.
693  Economy / Economics / Re: Why anyone who invests 5,000$ now in bitcoin will be millionaire by 2025 on: October 16, 2018, 05:26:48 PM
When it comes to investing, there is always an inherent risk that the asset you are investing or business perhaps would not go well in the future which is a possibility of losing the value of your money or if it is another platform that you cannot get your money back then you will lose it all that's why those who can take the risk of investing in bitcoin would just accept that risk for the possibility that their investment would fold multiple times in the future seeing the history of bitcoin.
You are completely correct, but one of the biggest issues is that many people simply do not understand your point, they think that just because they are investing in the best cryptocurrency that they are going to make money no matter what, and while the possibilities are high of that at the same time if they are unable to hold their coins for as long as necessary in order to see a bull market then it is very unlikely that they're going to make money with bitcoin.
694  Alternate cryptocurrencies / Altcoin Discussion / Re: There is no need to panic!!!!! on: October 16, 2018, 04:57:56 PM
I have always believed that panic always leads us astray. You never need to panic and toss off. It never helps.
While everyone knows that panicking does you no good when you are in a difficult situation the problem is that it is very difficult to control your emotions precisely when you find yourself in that difficult situation to begin with, the best way to avoid panicking when the time comes is to try to face similar circumstances and exercise as much control as possible when those situations occur, that way when you find yourself in that situation you're going to have experience and you will be able to dominate your emotions.
695  Economy / Trading Discussion / Re: Do Not Trade By The News, Follow The Price Action on: October 12, 2018, 10:44:12 PM
Right! Tracking the price of coins in the electronic money market is a very useful job. It helps you make good deals and invest in the right direction. Do not trade but rely on the news because the news is not always accurate.
News in the financial markets in general and cryptocurrency in particular are largely created to drive the market in favor of the news creator. So investment decisions need more research and monitoring rather than investing in the information that others create to manipulate the market.
I agree with this, maybe before this was a known way to trade trading the news was effective but as time has passed and people have realized it that this strategy was effective those that are powerful have done everything they can to manipulate the markets to benefit them, so before trading in a direction or the other just because you read that something has happened in the market it is better to wait and see if the price actually moves in the direction that you were expecting.
696  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Government does not like crypto? on: October 12, 2018, 10:30:31 PM
Every Government has different policies but according to me due to the decentralized nature the Government does not like crypto.It is unpredictable.But if there is power they need stability but it has not stability.
The main problem that governments have with cryptocurrencies is that it takes power away from them, and if there is something that governments want is to have as much power as possible and cryptocurrencies if allowed to be successful are going to steal the power of the governments to tax their citizens through inflation and that is something that governments do not like because they love to use that tax because they do not have to pass any law to implement it.
697  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BTC bear market over????? on: October 12, 2018, 10:05:51 PM
The bear market will not end in 2018. It will continue, albeit slowly. Our hopes are in 2019.
It is entirely possible that the bear market is going to last a lot more than what people think, they are hoping that a recovery at the end of this year happens or that a recovery in the next year happens and it's entirely possible that we are not going to see recovery until 2020 or even until 2021, it is something that I really do not like to think about because that means that I will need to hold my coins for a long time for a loss but if that is what I have to do then I'm willing to do it.
698  Alternate cryptocurrencies / Altcoin Discussion / Re: Know when to stop a HODL/HOLD on: October 12, 2018, 04:56:47 PM
I also started with this my investment in altcoins. The mentor spoke -buy coins and hold for 2-3 years and you will be rich  Grin. Perhaps it worked in the market that we saw a year and a half ago, but now it has changed a lot. But if you still stick to the strategy of mindless hold - you may stay with nothing


This strategy of buying something for cheap and holding it for many years is a strategy that works in all markets, the person that is teaching you about cryptocurrencies is right and you are the one that is wrong, you are only seeing things as they are right now but in the future people are going to complain that they missed the chance of buying bitcoin for $6000, because I really do not think that the current prices are going to last and when there is a correction we are never going to see these prices again.
699  Alternate cryptocurrencies / Altcoin Discussion / Re: Fake ico and bounty on: October 10, 2018, 10:14:40 PM
I have never heard about the tools that would help to avoid fraudulent ICO.But there are already platforms that are ready to guarantee all investors the safety of their funds in case of not fulfilling the conditions of the team that conducts the ICO.This platform is called W12.Maybe with the help of such platforms there will be more investors.Bounty participants to more carefully select projects they are promoting.It is better to spend 1 day searching for a good bounty than to take part in 10 useless bounties.Recently, everyone pays attention to quality and not quantity.
While the idea of such a project is not bad at the same time that is not going to solve at all the problem with scam icos, after all why a scammer is going to try to become part of that platform when most icos do not do that, besides in this market people are not really friendly towards centralization, so even if that were to solve the problem many people are not going to like the idea of just one company having all the control over the icos because that can lead to corruption.
700  Economy / Economics / Re: A global currency may be powered by the blockchain on: October 10, 2018, 09:58:05 PM
Have you ever heard about the "One World Currency" that will be used in the New World Order? Well, it's believed that such currency may be powered by a blockchain which is in the hands of Banks and Governments worldwide. As this technology has been proven to provide borderless payments in a fast and cheap way, it's the perfect way to upgrade the existing monetary system into one that's highly efficient, transparent, and controllable by the world's authorities. In addition, blockchain not only works for tracking money, but also property, supply chains, and more.

As such, there could exist a global currency in the future which makes use of Bitcoin's blockchain technology. After all, the latest buzz has been all about blockchain, and banks, as well as governments, have become interested in it. Before we know it, everything will be digitalized as our personal, financial, and medical information will be stored in a microchip and verified by one global blockchain network.

What are your thoughts? Roll Eyes
Not going to happen, I know that is a very popular topic among many people that like conspiracy theories but countries are not going to give up the right to print their own currencies as easily as you think, just look at what it's happening in this market, bitcoin was created and then just a few years later we have thousands of coins, now anyone can create their own coin, so I really think that in the future we are not going to have a one world currency we are going to have tens of thousands of currencies.
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