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7581  Economy / Trading Discussion / Re: This will help to improve your trading on: December 26, 2018, 12:36:50 PM
Good strategy but holding altcoins for me is not profitable anymore Because all altcoins already drop on their price to its hard to predict if the will go up or down.
Predicting your future must be depending on what kind of altcoins you're holding right now. If you have invested into only highly reputed coins then you do not need to worry about the current downfall nor the entire cryptomarket's fluctuations. You may simply continue to holding your altcoins. If you are holding some shitcoins then no one could help you. It is time to add up more reputed coins into your portfolio from this dumped market as you can easily predict the bright future for those coins.

emotions greed and panic is always bad for trading we have read many rules in books and we did experience those in real trading but this takes time to improve our emotions  
Emotions are always enemies for our trading plans. No books will help you to tackle your emotions while trading but only your experience may help you. That is why pro traders always emphasizing about mock-trading. Through experience we can handle our emotions effectively so that we will not take decisions due to emotional failures.
7582  Economy / Speculation / Re: Bitcoin Bottomed out ? TA analysis. on: December 25, 2018, 04:59:44 PM
Bitcoin seems like on a bull trajectory even during it going down. When there was a bear market the price went down but it went down much quicker. Right now when we hit 4200 dollars it dropped to 3800 or so even higher, last time it went down from 4200 it went down all the way to 3400 even less. Which tells me it is really difficult to sell right now and even when a lot of people sell they are not overpowering the buy orders.

Hence, I think bitcoin will be fine in 2019, this is a good example of why 2019 will be a year of bull, maybe we will not hit 20 thousand dollars at all, maybe for another couple years we will not see those type of prices, however we will certainly go between 4-10 thousand dollars for this year, sometimes it will go up and sometimes it will have these small falls but in the end it will certainly be higher than what it is today.
7583  Economy / Speculation / Re: no 1 reason why the bulls are starting real soon!!! on: December 25, 2018, 03:56:43 PM
The stock market crashing is the number 1 sign of a crypto bull run, it's coming!!! also, stocks is pumped through fiat money. In times like this, people will look for gold, silver and even crypto!

and look at the short altcoins boom, and also because people are running away from stocks right now!! this is a good sign that the sec will approve the ETF and bakkt will be launched, to drive BTC to a massive ATH.

Think about it guys, why would they launch ETF and bakkt in a bear market? why SEC keeps delaying etf when they can just reject it straightaway? they know it will have no effect on the price when the market is still bearish and no 1 is buying btc, now with this stock market crash will be perfect time for them to launch!! expect btc to go to the moon!!

i dont think btc will even shoot past 20k in a bear market even with an ETF if sec was to approve it back then. The market has to be bullish first!
it's no coincidence that this stock market crash lines up perfectly with the last deadline for ETF, it's a heavily manipulated market!
Stock markets do not really have a correlation with bitcoin if you ask me but I could be wrong of course, I am not an expert on this. My logic was if someone is losing money on stock markets because its falling do you really think they would rather invest their money on something that went 80% lower on the year ? I mean if they think bitcoin went down so its time to go back up don't you think they would feel the same on stocks as well ?

Stocks are down anyway so if they put their money on stocks they could profit while its recovering so they do not need to put their money on bitcoin and hope it will go back up. Of course I could be wrong, there could be people who would rather put their money in crypto currencies because they believe in the future long term profits instead of the short term gains.
7584  Economy / Speculation / Re: Bitcoin Maintains Bullish Bias, Eyeing $4,500 as Upside Target on: December 25, 2018, 03:03:56 PM
$4500 is really a great number to achieve right now for all of us. Reason for that is when bitcoin reaches to 4200 or so levels than it still has a way to go down under 4 thousand dollars and when it goes down under 4 thousand dollars it really means bear continues and prices keep falling even more, it creates a psychological pessimistic approach by all of us.

Moreover, if we could go above 4500 dollars it means even when it falls a bit it doesn't go under 4 thousand dollars which is great news and creates an emotion like it won't go below anymore and we are on a bull run. The price is resisting on not going any higher than 4200 for now but as soon as we break those prices I believe we will have nothing in front of us stopping what we are doing. The price could potentially break the 5 thousand barrier if it could reach 4500, of course it would have to go back down a bit to 4200 or so first but than go higher to 5 thousand.
7585  Bitcoin / Bitcoin Discussion / Re: What is the main problem with the crypto market at the moment? on: December 25, 2018, 01:01:48 PM
To my opinion at the moment the biggest problem at the crypto market is lack of new investors. On the other hand there is a problem with existing investors who often have too big expectations and are to greedy for unreal profit.
I guess bitcoin must be doing now also its magic of attracting new investors but selling pressure from whales and other bitcoiners seem bigger than new investors. It means we need more new investors or few billionaires need to start adopting bitcoins to overcome those selling pressures.

Also, after a huge progress of Bitcoin and other cryptocurrencies and increasing number of users it looks now like this process started to slow down and we are still far away from mass afoption. Cryptocurrencies still have a long way to go.
Mass adoption may not start at one particular day. It is a long and continuous progress and I guess it has already started some years back itself. One of the main problem of bitcoin and bitcoiners must be, lack of merchants accepting bitcoins for our life's daily needs. I guess that problem will find its solution when more people start using bitcoins as a currency rather than using bitcoins as an investment assets.
7586  Economy / Economics / Re: Is it good to recruit other person to join Blockchain technology? on: December 25, 2018, 08:03:17 AM
If you’re going to introduce anyone to cryptocurrency, please you better let them know that it is not a place where you get free or quick money. Nothing is free here and nothing is quick, it takes time and you will need to have patience. That’s why you see a lot of newbies here talking about bull run when they haven’t stayed up to a year. Just make them understand that it takes patience, and it’s also risk, you can lose or win.
But the cryptocurrencies are known for heaven-like for making easy money. This is the core reason why many people has started adopting cryptos. I agree there will not be any possibility of making quick money like anywhere else but we can make easy money if we are able to hold cryptos. It has proven many times in the past. People are getting attracted when they are seeing ATH of of a coin, and usually all the coins are giving them an opportunity to enter to that coin for lesser than ATH. It may happen even after they will be adopting it, but most people are not ready to accept this bitter fact.

I think majority of people here are very selfish ,. Believe it or not. They are hiding and choose not to tell to the other person especially to their neighbors what is cryptocurrency all about.
I am well aware of this. I have spend lots of hours with my friends on convincing them to adopt cryptos by explaining them the benefits of having blockchain technology and a decentralized financial system. I believe I have made more than 10 people to adopt cryptos especially bitcoins but not sure they all keep investing with it like I have emphasized them to do so to ensure a big wealth for their future.
7587  Economy / Economics / Re: Just sharing what I've learned about cryptocurrency businesses in Gibraltar on: December 24, 2018, 04:26:34 PM
Considering 15 thousand dollars to start and 10 thousand dollars to run every year is fraction of what many exchanges make this is a welcomed news for many of them. Of course, there are some that barely started or even some old ones like cryptopia that doesn't really make any proper money at all but even with that 15k looks quite inexpensive. The 10% tax looks like it could be a problem depending on what they charge.

If that is 10% of the profit than that is fine since you get to keep the 90% of the profits however if its the 10% of all revenue to be paid as a tax that seems like a deal breaker since there are a lot of costs to run as well and that would cause a huge profit margin problems for all coins.

Think about the ICO founder, if he collects 150 million dollars for a new coin than he has to pay 15 million right away and that means selling more of their coin or eth they collect which would cripple their improvement.
7588  Economy / Economics / Re: Bulls are Retarded on: December 24, 2018, 03:27:16 PM
Market is over $4k again. The moment people start to critize and say bad things about bulls the market shows them how wrong they are. Look at the altcoins as well there are multiple ones with 10%+ profits too. As you can see bitcoin is not the only crypto out there and even though bitcoin is going up there are others that are going up even faster.

Look at ethereum, the coin that was about 80 dollars just near time ago and right now it is about 150 dollars, it is close to a x2 gain from just last week. Hence, bulls are not retarded, they are just more patient compared to bears. Bears run around screaming the end of the world whereas bulls knows that bitcoin and crypto is here to stay and no matter how much the prices go down it will always recover and we will always make our profits.
7589  Economy / Speculation / Re: I'm hoping to see coin prices decline A LOT in the next couple months. on: December 22, 2018, 07:12:16 AM
It should be enough and always hopping for the lose is not good I think all of us should know that at some points prices should be high too. Me and allot of member like me are waiting for selling. It is now time coin is going have high price in society and we will be able to sell our coin at high price
I understand you are talking with respect to bitcoin and in that case when more number of people like you when looking for selling their holding then those 90% downfall may continue. I like to suggest people like you to look for making use of your coins for your day to day life instead of looking for selling in the open market. If you do not have enough infrastructure for using your bitcoin in your life then you must keep holding your bitcoin and should wait for better prices like $100k or million dollars and situations where you can use/sell them.

Over the next few months, I want to see coin prices crash big time.  Go WAY down, before recovering in the spring and booming again.  
Why you want to see prices crashing big ? Is there any specific reason for that ? But, you have not mentioned about that. People are praying for crashing for the reason of buying for lower prices. At the same time some other people are praying for booming. Only time will answer who is going to make their wish coming true.
7590  Economy / Speculation / Re: Bitcoin - reason for long term invest on: December 21, 2018, 02:59:40 PM
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?
Bitcoin is not something that you can put x amount of dollar in and than take out 2x amount of dollars when the price goes up . The purpose of bitcoin is to make people realize that democracy is not something we need in politics, not that we have proper democracy in our politics and almost half of the world has elections that are either fake or at least somehow tampered with but even in politics democracy gives us a bit of hope, so we need the same on our money as well.

When it comes to bitcoin that is the most democratic way money can be where everyone has a say and there is no outside power that could change anything how bitcoin is working, with decentralized power no one can make bitcoin work differently or change the main aspects, they need a democratic voting occur with miners and what is wanted most will happen.
7591  Economy / Speculation / Re: I am a time-traveler from the future, here to beg you to stop what you are doing on: December 21, 2018, 09:09:57 AM
Already quite wrong but I do like a good creative reading. The part that really corrupted the whole thing and destroyed the magic was the citadel, having bitcoin at $100k in 2019 is still possible, hell even one million dollars in 2021 is still possible, if he moved the topic further into that he could have been fine.

Nevertheless, he went to the route where there was kingdoms of miners and people who hide in places where rich bitcoin folk would live without working ever and so forth. He didn't had to move the discussion to a futuristic unreal thing if he only kept with the prices.

We have nothing major changing in our world or at least in our day to day lives that promotes the fact that by 2025 there will be automated cities. Maybe cars? That seems like the only futuristic thing we could hope for. Good concept, bad execution.
7592  Economy / Speculation / Re: This Huge Price Increase on: December 21, 2018, 08:23:33 AM
Seriously...

[im g]https://i.imgur.com/OndK9IM.png[/img]

It's like we're being tricked into thinking that the bear market is finally over...  Grin  Could end up in another wtf moment with our pants down.
This is the problem 2018 bear market created. I have cashed out all my bitcoins and now waiting in fiat to purchase back when the price falls back. Like I know bitcoin will ever drop or not, I have no idea if the price will go down again, why do I feel like this increase is fake and it will go down again than ? I think 2018 created an imaginary situation in our minds that if we keep on believing bitcoin will rise we will be hurt and it will go down because that is what happened in 2018, so even when its going up we can't really get ourselves to believe its a bull run.

As long as people do not see any increase as a blessing and start believing its a good thing than we are going to fall back anyway. The pessimistic approach to the price we have right now because of 2018 will continue for a while and will definitely affect the price as well.
7593  Economy / Trading Discussion / Re: What are your key reasons of choosing a particular exchange for trading? on: December 21, 2018, 06:53:09 AM
1. What are your personal the must-haves for an exchange to be of any interest to you?
When you do not have plans to use an exchange as a wallet services then I guess you do not need to worry big. I choose an exchange based on availability of one particular coin pair and then I will check in this forum for their credibility. I do not prefer exchanges which are asking to clear KYC. I test a new exchange with small volume for first time. That's all for me to choose a new exchange. I do exchange and I will withdraw and then I will forget that exchange until I need to trade another coin/token.

The security system is my main concern when i choose a particular exchange for trading or save my asset because this is necessary to ensure our funds secure
How you will make sure that your exchange is having good security systems ? I read most exchanges are saying that they have cold storage or even deep-cold storage and having world class protection against all types of hacking but how we can be sure about those things. I mean how we can cross-check their security systems. I guess we need to go simply by their words.
7594  Economy / Trading Discussion / Re: UK TAX LAWS > Amended 19 December 2019 on: December 20, 2018, 03:46:59 PM
Basically in layman terms this means if your money makes you money you pay taxes. When you have a business that you buy a product and sell a product you pay a different tax, when you have a house you rent out to you pay a different tax, when you have pound sterlin in your bank that makes you money like stocks or savings accounts you pay a different tax. Crypto profits come into affect with that last one, it is same as having some pound sterlin on your bank account and profiting from that, "money making you money" deal. Crypto is considered exactly the same.

Even tough country doesn't really see crypto as "money" just yet, it is basically putting it at the same place with "money" they consider to be real. Hence, you will be paying taxes depending on the profit of your money, so if you had 1000 pounds and made it into 1200 pounds you do not pay taxes on 1200 pounds, you pay taxes on the 200 pounds. As far as I know.
7595  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Dogecoin - are we hitting the highest value? on: December 20, 2018, 12:47:11 PM
It looks like the Dogecoin price finally started showing very bullish momentum starting this week, being stable for some time. Ranked 20 with a trade volume for the  past 24 hours $31.60 M USD.

Over the past 24 hours, there has been another strong 16% increase. This has pushed the price to $0.002479, although there may be a dip to $0.0023 in the coming hours. There is also a 9.6% increase in Bitcoin value, which further seems to indicate the uptrend might remain in place in that department. It is also the first time in a while one DOGE is valued at 70 Satoshi or more. 

Well, at some point, good news for HODLers.
I still can't believe dogecoin is alive and still going strong.

When I first came into the crypto scene there was no doge, when it first came out one day there was no doge and the next there was one, that is how people did new coins back than, there was no ICO, just "here is the wallet" and we started to mine it. However, it was purely a meme coin that never really intended to be this big. We are talking about a coin that is top 20 in volume and totally just a fun entertainment thing.

Back when "wow such moon" type of jokes were funny and we did even paid for an advertisement on a nascar car once which everyone heard but that was really it, never really even imagined it would get this big. Doge literally hit the highest during the 2017 peak like all others, this is not a peak at all.
7596  Economy / Economics / Re: Canada warns its citizens to only buy marijuana with cash on: December 20, 2018, 06:37:23 AM
we often talk here how all the governments only want to replace cash, because they want to monitor all transactions, but it seems to be more complex than that. Privacy can protect people from criminals and malicious outside actors, and I think the benefits are far more important than some small number of criminals getting away with crimes.
Democratic governments always value their citizen's preferences rather than sticking within policies and may loosen up legal issues slowly where the people push. This is what happening as per that article. It must be one good positive news for the people who concern on protecting their privacy and identity. I am sure, in near future we are going to have another article like a government may ask to use bitcoin to stay anonymous as responsibilities should come by own and not just due to regulations in a matured society.

In this light, crypto can find its place in economy as "digital cash", and some governments might officially recognize it.
Yes, that will happen but not sure how quick it will happen. Developed countries may do it at first (still I wonder why no other governments are not yet following Japan's decision of legalizing bitcoins.) Cryptos will be part of our daily life but government may monitor us by what we are buying and where we are going and whom we are meeting which may be like another family member as that is the only way to collect taxes and to control/monitor criminals and terrorists after leaving off the control over existing financial system.
7597  Economy / Economics / Re: U.S. Senate quietly votes to cut tariffs on hundreds of Chinese goods on: December 19, 2018, 04:55:30 PM
There is no scenario where USA doesn't need China and there is no way USA can really afford the pay them neither.

Right now, USA has worlds biggest debt and most of it is to China, we are talking about a budget crisis at around 10+ trillion dollars that needs to be paid yet they are making more and more debt every single day. Now if they stop getting these goods from china they would need to manufacture it in their own country and that would cost them so much more that some business will go bankrupt and that would result with bad economy as well.

So, either they will keep on getting China and make the companies richer while the country is going worse or they will stop working with china and their companies will bankrupt and economy will go worse. There is no way USA can get out of this without any harm unless they find a new country aside from China.
7598  Economy / Gambling discussion / Re: Gambling is growing at nonstop rates in my country on: December 19, 2018, 04:01:45 PM
Gambling is growing because of the demand, and nowadays it's easy to gamble due to the advent of Crypto.
Personally, I don't see anything bad about that, I call that development or progress, it could create jobs and give gamblers an entertain.
It must be a bad sign for a society without any arguments. It may create jobs for few but will make thousands jobless. Gambling will give negative development for a society as the consequence of gambling addictions will push people to forget their social and family responsibilities. Gambling is kind of business which should be a heavily regulated all the times by governments and it should not be promoted publicly.

As long as people will also become matured and responsible in gambling, gambling will be appreciated as it can also help the government through tax generation.
You are expecting so much from gamblers or you are just not aware of the dangers of gambling addictions. Governments are allowing gambling industry just for the reason of tax generation but they are not at considering the negative impacts of gambling . That is really a pathetic situation even in developed countries.

Now a days, all the governments are looking for revenue generations a rather than looking for having intelligent citizen. They just want a busy citizen so that he will not ask questions but will pay taxes.
That is right. This is the reason why they allow prostitution and not controlling trades of drugs. I guess at least 40% men in world population must be addicted to either of one of these three.
7599  Economy / Gambling discussion / Re: Live Betting vs Online Betting on: December 19, 2018, 03:08:04 PM
I don't even like going outside for shopping for groceries and order those stuff to my home, you make a guess which one I would prefer. I do not understand for peoples needs to go outside and socialize with others for the simplest things. This is betting and when you are betting you really do not need to be around people, having people around betting for something together makes no sense at all, its needless.

I would prefer to stay at home and bet on something I want in my pj's and make money while I am taking a siesta nap on an afternoon, its far superior method. If the odds are different outside and I am getting screwed for betting online and I would make more money live betting than there would have been a purpose but online better has far better odds as well so its really useless to go outside for betting.
7600  Economy / Speculation / Re: Which Coins will be the top 10 on market cap in 2019? on: December 19, 2018, 02:32:52 PM
Another subject to be discussed is not which coins will be top 10 but which coins will go away.
The word "bankrupt" is not really the right word for these coins but honestly I do not know any other way to describe it.

There has been a lot of weed coins for example that lost a lot of value over the years and some of them reached 100 million dollars in value whereas the highest at potcoin worth 2.5 million now. Those coins look like they will be "bankrupt" soon with how low their value is.

Considering monero is the only standing privacy coin they will probably go away soon as well. There has been a lot of storage room coins where the main idea was that instead of hash power they were mining with storage but now they are mostly gone as well. 2019 hopefully will be the year where prices of every coin increases but 2018 has been the year some coins really just went away and some of them probably went away for good never to return again.
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