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7381  Economy / Speculation / Re: I will not sell under 20.000$ ! Why you do ? on: November 27, 2018, 05:02:11 PM
Actually, I do not believe in technology, but I believe in profit, so I buy low, I sell high

In real life, this logic seldom works. Because we don't know how far a spike can last or how much lower a drop can go. Buying low doesn't mean that you can catch a falling knife with bare hands.
7382  Economy / Economics / Re: Fire in the market: Bitcoin is below $4000 on: November 27, 2018, 04:59:31 PM
Everyone says that in 2019 many institutional investors will enter the cryptocurrency market. Therefore, many people understand the growth prospects of the market and want to buy cryptocurrencies at a low price. When bitcoin reaches 3000 USD - it will be possible to conclude that it is. Otherwise the course will go even lower.

Institutional investors were participating even in 2017. IMO, what changed the atmosphere was the failure of the ICOs. A lot many of them failed and this soured the mood in general.
7383  Economy / Economics / Re: I almost lost my rock solid regular job because of crypto on: November 27, 2018, 04:58:13 PM
It is always risky to ignore your full-time job and concentrate on something else. If you are lucky, then you may be able to escape with a warning. Else you may end up with a termination and a black mark in your career record.
7384  Economy / Gambling discussion / Re: Cricket match prediction discussions on: November 27, 2018, 04:56:13 PM
Pakistan are in a strong position to win this test match however we have seen time and time again with Pakistan being in strong positions and then going on to either lose the test match or it comes a draw. I also still wouldn't count out a draw right now as all it takes is for New Zealand to get a strong partnership and bat all day on day 4 and get a lead which could see the match coming a draw. It will be interesting to see how well New Zealand bat and if Pakistan can repeat the same performance as in the 1st innings bowling.

Hmmm... they won the match. Conditions were quite favorable to Pakistan in the United Arab Emirates. However, if they want to win matches abroad, then their players need to work really hard (especially the pacers).
7385  Economy / Gambling discussion / Re: The owner of Bet365.com pocketed $1,000,000 every day in 2017 on: November 24, 2018, 04:38:37 AM
You can never blame someone for his success. He made his money because there are people out there who would gamble away their money. If you close down Bet365, then these gamblers will move under-ground, and this will be even more dangerous.
7386  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Time to buy back every thing on: November 24, 2018, 04:36:20 AM
Wait for some more time. The prices are going down and they may go down another 20% or 30% in the near future. I never make crypto-purchases before the exchange rates undergo stabilization.
7387  Alternate cryptocurrencies / Altcoin Discussion / Re: Why are you selling your altcoins so soon? on: November 24, 2018, 04:33:38 AM
Nowadays, the market share of Bitcoin is going up and the altcoins are dropping even faster than BTC. Some of the important altcoins such as Cardano and NEO have lost as much as 95% of their value from the peak price. So it makes sense to sell the alts.
7388  Economy / Gambling discussion / Re: Cricket match prediction discussions on: November 22, 2018, 05:30:16 PM
Quote
Islamabad United and Peshawar Zalmi are looking quite weak this time.

Yet they have reached more finals than any other team. Tongue

PSL will actually look pretty boring (and will ultimately lead to less profit) if Islamabad United/Peshawar Zalmi manages to win again.

It may not be a bad idea to expand the competition to 8 teams. That will add a bit more color. Right now there is only one team from Punjab, where half of the population resides. Why can't they field a team from Faisalabad or Rawalpindi? or even from Multan..
7389  Economy / Trading Discussion / Re: Will you trade Bitcoin to buy Altcoins? on: November 22, 2018, 05:23:14 PM
I am someone who had profited out of altcoin investment in 2017. I made a decision to invest a part of my wealth in to Litecoin back then, and it worked really well for me. But right now I don't have any confidence in the alts.
7390  Economy / Trading Discussion / Re: BTC broke all major support lines, and the worse is yet to come. on: November 22, 2018, 05:21:30 PM
Aaaand support lines keep getting broken it seems. I thought a new week would see us recover from that sudden plunge but the trend hasn't changed. Hopefully you're wrong dude but current happenings point out to exactly what you said.

That's true, but still I am optimistic about the future. All it takes is a major trigger and the prices can easily cross the five-digit mark. Miracles can happen... such as an ETF approval from the SEC, or legalization in China.
7391  Economy / Economics / Re: Bitcoin holders will have to pay their tax? on: November 22, 2018, 05:19:35 PM
Many of the countries have wealth tax. If your net worth is above a certain threshold, then you need to pay this tax. And if I am not wrong, you need to pay this tax irrespective of the nature of your assets.
7392  Economy / Trading Discussion / Re: Patience is the most important thing on: November 21, 2018, 06:35:21 PM
From my experience, I would say that alertness rather than patience is the key to succeed in crypto-trading. Because you need to take intelligent decisions in a short span of time, which can have far-reaching consequences.
7393  Alternate cryptocurrencies / Altcoin Discussion / Re: Most trusted altcoins? on: November 21, 2018, 06:32:46 PM
I would say that most of the altcoins can be trusted, including Ethereum, Cardano, Stellar Lumens, Litecoins and Waves. These are decentralized currencies and not ponzi schemes. But there are some shady cryptos out there.
7394  Alternate cryptocurrencies / Altcoin Discussion / Re: Are there anyone who's been in the market since 2014? on: November 21, 2018, 06:30:41 PM
From what I have heard, back then it was much worse, as it lasted for almost 3 years. The prices dived by almost 85% (from $1230 per coin to $200 per coin). Hope this time it won't be that long.
7395  Alternate cryptocurrencies / Altcoin Discussion / Re: Some well-known Bounty managers “disappeared”? on: November 21, 2018, 06:25:50 PM
Lauda got red trust from DT members (issues related to escrow funds, BCH forked coins were not paid) so he can't take part in the bounty management now. I am not sure about yahoo62278. He was one of the best managers out there.
7396  Alternate cryptocurrencies / Speculation (Altcoins) / Re: how long will everyone can wait? on: November 20, 2018, 05:33:33 PM
Well... I have seen people waiting for 5 or even 10 years to get good returns from certain types of investments, such as bullion and real estate. However with Bitcoin, everyone seems to be in a hurry. No one want to wait even for one year.
7397  Economy / Economics / Re: hackers becoming smarter than exchanges? on: November 20, 2018, 05:31:50 PM
Exchanges need to improve on their security in order to be able to stop hackers.Hackers are working hard to  improve on them self,so also the exchanges need to improve on security.

Everyday new exchanges are getting online and many of them are being built with bare-minimum investment. In such cases, they may not be capable of preventing sophisticated attacks from the experienced hackers.
7398  Alternate cryptocurrencies / Altcoin Discussion / Re: Reason behind falling Bitcoin? on: November 20, 2018, 05:27:38 PM
My guess is that some of the whales dumped their coins quite suddenly and that caused a sudden collapse in the exchange rates. Actually, someone had posted proof for the same in the Bitcoin Discussion sub-forum.
7399  Economy / Speculation / Re: Is Bitcoin 4500 or 4000 $ ??? on: November 20, 2018, 05:26:01 PM
There is no concrete lower limit. If you remember, back in 2015 the exchange rates went all the way to $200 per coin after hitting a peak of $1230 in 2013. So I won't be surprised if it hits $3,000 per coin, or even lower.
7400  Economy / Speculation / Re: Market's on minimum, time to buy? on: November 18, 2018, 02:45:40 AM
If you are confident that the prices will not go down any further, then you can proceed with your plans to purchase Bitcoin. But I don't think that you can be sure about that now. The trend indicates that the prices will fall even more.
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