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7641  Alternate cryptocurrencies / Altcoin Discussion / Re: Exit Strategy on: December 18, 2018, 07:45:14 AM
I am very funny to read that a person is seriously going to develop a strategy that will allow him to exit the market. We have only just passed the bottom
Nothing funny here. It always good to have a strategy for entering as well as for exiting. Moreover, we do not need any special strategy to exit which is completely different from to open a position. I mean to say there should be one single single strategy which should give you both enter and exit price levels along with stop-loss levels too. Most of the time, we should exit at our expected target levels. If you go for trading any altcoin then having a proper exit level will help you to protect your profits rather than waiting for more pump and then booking losses.

now you should not worry about it. The time to exit the market and the sale of assets will come only in a few months.
If you're talking about bitcoin prices and its market then I will completely agree with you but this is not the case with most of altcoins. Because I'm not expecting most of them to recover from their current price zones, like, most of them may get delisted from the exchanges.
7642  Alternate cryptocurrencies / Altcoin Discussion / Re: Your Masternode Coins Top 5 List? on: December 18, 2018, 06:41:09 AM
Tell us your masternode coin lists. From your most favorite masternode coin and down. List your top 5 coins
I was very much keen on making use of this new way of passive income generation but I am facing a very much bitter experience from one masternode coin : condominimum. After lots of hours of research, I decided to go for my first masternode set up with CDM but now it is trading less than 10 satoshi in cryptophia whereas when I set up it was trading around 200 satoshi. Then what will be the use of getting rewards out of masternode running ? I am sorry to say, masternodes are turning a new way to scam us.

I may be wrong. Because I have choose a little known and not a reputed coin. But, I found that coin from a reputed masternode analysis site and I prepared a lot of checklist before concluding to go with that coin. If a coin is famous then its ROI is not good. So, I like to suggest that we should not look for top 5 coins on MN set up. Just fix a budget and find a coin then try it. It is another gambling and you have only 25% for your success, I am saying from my experience.
7643  Economy / Trading Discussion / Re: New to crypto trading - Is now the time to get in? on: December 17, 2018, 03:58:04 PM
Hi all.  When the hype was at its peak about a year ago, clearly this attracted a lot of people.  I waited and watched.  Would love to hear views on if this is a good time to start looking at BTC and alts.

Also, have seen a few accounts that offer services (VIP signals etc).  Presumably some of these are better than others.... if so, what have been your experiences?  Thanks.
If you are new it is time to start putting some money away into crypto but not the time to get all in right now.

We have been in one of the biggest downturns of bitcoin in history and since the price went down so much everyone thinks the time for going up is starting up again however the past year caused a lot of new coins to go "bankrupt" and basically go away, many crypto business closed shops and there are a lot of them laying off their staff as well because none of them have any money left.

Hence, it has been all bad news and all bad things for crypto which would mean it may take some time before we recover. You should start putting in some money but not all of it, you should divide it to 12 equal parts and invest once each month of 2019, that way if it goes lower you will average it down, if it goes higher you already invested.
7644  Economy / Trading Discussion / Re: THE NEXT MARKET MOVEMENT. UP OR DOWN? on: December 17, 2018, 03:27:10 PM
I think it should be upwards from here. I know this is bitcoin and it can do anything but honestly there is no reason to go anymore down. The point of going down from 6.5 thousand to 3 thousand was because of some huge sell offs by the rich people, unless they want to keep doing it we have no reason to go down anymore. That is why in all normal expectations the price will be going up.

We just have to wait because there are still some catching up by the difficulty in mining but when that happens the price will be much better and we will slowly start to go up again. It won't be a quick increase like last year but it will be a slow increase like the one in 2015-2016. I really think the 2019 and 2020 years will be the time bitcoin slowly increases back to 20 thousand, not in one motion but quite slowly.
7645  Economy / Trading Discussion / Re: Don't love any Alt coins. on: December 17, 2018, 10:07:30 AM
Actually people's learn from mistake. Those mistake I did began, I am realizing now. That's why I want to share it. Perhaps everyone will not agree with me. Every traders have few favorite coins. It's normal fact, but don't love too much any coin it's my logic.

I don't want to mention but I have lost many btc just one coin. Just think it will go more up and didn't sold. In a result price dropped 4X. So I want to say don't love any coin, just sale when you are in profit and go another coin or wait for drop price again and buy it. It's very difficult to recover once drop an Altcoin. One more thing, don't invest your all fund on single coin. It will loss more, who know it will up or drop.
That's one of the biggest mistakes we all do, we love crypto so much that we forget this is a technical financial thing and put our emotions into it and in the end when we love something it breaks our hearts. I loved nano to death, nano is still my favorite coin ever considering it actually manages to send millions of dollars and the transaction is both free and takes only milliseconds.

That basically solves the transaction fee problem all together and is a much much needed thing in all of crypto however just because I believed in the project I did not checked the indicators and never really cared about what others said and now it is less than a dollar whereas it was 34 dollars at one point.

We sometimes forget to look at the technical details and that is why we are doomed to lose money. Look at crypto as an investment, not as a project you want to contribute to.
7646  Economy / Economics / Re: Bulls are Retarded on: December 17, 2018, 08:20:07 AM
Let's take these one by one. First of all, 1 trillion dollar market cap is not something unheard of, it has done that previously and it is still quite possible and even at a 100 thousand dollars the marketcap is still lower than nasdaq and nyse combined, that is just two american stock markets that pass bitcoin marketcap even if it was 100 thousand dollars per bitcoin and we have hundreds of stock markets all around the world whereas bitcoin is a global thing not an american thing. Hence, it is possible to reach those levels, definitely not easy and definitely not anytime soon but theoretically possible.

Second thing is, the 50 dollar transaction thing, last time bitcoin went up we were not prepared for such a rise and right now with segwit and lightning network we are more than ready for something like that, all exchanges and wallets are ready to have bitcoin at 100 thousand dollars and still capable of paying low amounts of fee for transactions.

Speculators part is definitely true, I have nothing against that, if it was something fundamentally disturbing the market we wouldn't talk about the price to begin with but since we focus on the price that means speculation is not only a whale thing but its for everyone. So, you are right on that one.
7647  Economy / Economics / Re: Putin warns of financial crisis the world ‘has not yet seen’ on: December 17, 2018, 07:38:42 AM
The global economy is facing a threat of a spiraling protectionist measures that can lead to a devastating crisis, Vladimir Putin warned. Nations must find a way to prevent this and establish rules on how the economy should work.
The Russian president spoke out against the growing trend of using unilateral restrictions to achieve economic advantage, as he addressed guests of the St. Petersburg International Economic Forum (SPIEF) on Friday.
I am not so sure about the "world has not seen yet" part. I mean world has seen a lot of economical crisis, as a globe we are more connected to each other than we ever were so that is a part of the problem but this world has gone through world wars for Christ sake, we are talking about whole nations killing each other and destroying their homes and neighborhoods in order to conquer each other, if the world could recoup from a world war like second world war than I am sure we can fix everything else.

2008 was a bad year where everything collapsed, whole USA which is one of the biggest economical forces in the world if not the biggest had a horrible year and many people bankrupted and that affected whole nations like Spain and Greece and right now we are much better than we were in 2007 before crisis happened. This tells me we can have a crisis but I doubt it will be something we have not seen before.
7648  Economy / Economics / Re: Crypto debit card for FIAT payments - would you use one? on: December 16, 2018, 05:19:38 AM
Hello,
I'm here to explore the demand for crypto debit card.
But, I guess revolutions moved past the debit card issue as well, we now have ability to pay with our mobile phones.
Even on the verges of civilization people have smart phones that can download apps and can be used to pay for something.

You can use your phone app to withdraw cash from atm, you can use it to pay for taxi cab, you can use it to buy groceries, you can buy on cafe. Basically apps are now the new debit cards, credit card is still an issue but at least for debit now there are apps for it.

Hence, if any company wants to create a crypto debit card they are following the trends a bit behind and instead they should be focusing on getting an app made that will allow us to use our phones to pay with crypto while the receiver will take it as fiat instead of crypto, basically be a middleman.
7649  Economy / Economics / Re: Buy high sell low! PRICE BTC 3800 eur. How? on: December 16, 2018, 03:43:51 AM
There are few possible options from what I think.

1. Correction.
As we see on the stock market the prices of the stocks are in a correction phase, just the same as crypto's.

2. Where in the next cycle.
[im g]https://i.pinimg.com/originals/e0/0b/48/e00b481338fafd70fff9b3d24a792266.png[/img]

3. Manipulation.
There are bigger entities than we know that manipulate the crypto, but does that also mean they manipulate the stocks?

Take these assumption with a grain of salt. My plan is to buy more crypto's while they are on sale because I believe in option 2, and we are ATM at the anger stage. It would take at least a few months to see a bull-run if not years. Good luck with shorting the market my friends. 
"This year" is just another 15 days, we have been talking about an increase "this year" for so long that eventually we have to realize there is not enough time to see an increase that would make any difference.

In 15 days the best we can really hope is anything above $4k, rest is definitely not possible at this point unless someone puts couple billion dollars into bitcoin right away and that s not going to happen nobody would risk that type of money that idiotically, people who have that kind of money didn't get there by doing silly stuff like that. Moreover, we can be hopeful for January at least because there are many news coming from that part, Bakkt getting accepted, etf getting accepted, nasdaq promoting and all that could result with good things for us.
7650  Economy / Economics / Re: How to wake up a bear? on: December 14, 2018, 12:13:45 PM
now more negative news comes our way today
<snip>
In the past, this bitcoin market has thrown away such a news many times (incidents like laundering/hacking/kidnapping) hence these kind of negative news are not going to stop waking of bulls. Markets will simply ignore these. Bad things are happening everywhere as bad people are just part of this world and not just due to introduction of a new system. Both bitcoin community and rest of world have understood this fact more clearly. That is the reason, market never got stopped due to such news in the past.

You really got the best rates at present because if tomorrow suddenly market wakes up or start rising then you would really make the good profits as altcoins being dumped badly and they would eventually recover the quickest.
A common mistake most investors do in the name of diversification, investing into heavily dumped coins and tokens and most of such dumped assets never find way to get recovered and then simply get delisted. Better thing is just sticking with well known and reputed altcoins otherwise just bitcoin is more than enough to minimize the risks.
7651  Economy / Marketplace / Re: McAfee, Matonis, Hoskinson and other specialists name 3 favorite tokens on: December 14, 2018, 10:19:42 AM
I still believe its wrong to blindly trust someone's words just because they are public figures, some ppl tend to focus more on the who part when it should be the content.
But unfortunately most percentage of this community and outside world also not looking for the content but they are providing priority to the public figures' opinion. This could be the only reason why few utter jokes were finding it success whereas some good project based on coins are failing down. It is a fantasy-believing-world and people are easily getting convinced through promotion rather than concepts.

I mean to say if some famous people are denoting some coins then there will be the chances for those coins to become hit as more people will be investing blindly due to FOMO rather than going for researching how those famous people have performed and predicted in the past.

It is always proven profitable to sail with crowd rather than going with our own decisions for any markets.
7652  Economy / Economics / Re: Bitcoin price predictions from Twitter 5 years from now on: December 14, 2018, 07:01:44 AM
Bobby Lee has a cool point (let's hope;):
History will repeat itself, I agree. But, not at price levels perfect still anything may happen, that is the reality with any markets. I must retweet this one as many people are looking for some hope about the futures of bitcoins and when bitcoin will be following some predetermined path then it would be much easier for all of us to make big decisions accordingly. Let's hope for better things to happen round bitcoins.

I’ve seen someone predict just the same thing that the price will bottom out at $2,500, then after that there will be another bull run.
There could be 1000s of predictors hence there could be more possibilities of saying same things. So, absolutely no wonders on these coincident. I am not expecting that $3000 to be broken on sustaining basis. It means prices may swing around $2900 to $3400 in coming days before pushing bulls into action.

Quote
I’m starting to believe this because has been stable at $3400 since this month, it might drop on January to $2500 before the bull run.
Do not call it stable. Now the bounds of ranges has become shorter hence it seems like stable. In my view, bottom has been already tested and we are in sustaining phases.
7653  Economy / Economics / Re: China says rejecting physical cash is illegal amid e-payments popularity on: December 13, 2018, 04:59:55 PM
We do not need to really reject the physical cash to have e-payment options, I mean why not keep them both.

I understand the need for e-payments because they are making everything amazingly easy to deal with but they are not the only form of payment. Credit cards, debit cards, cash, cheque, gift cards and crypto all valid options for everyone. Of course, there are some places like taxi cabs that you only pay with cash because that is easier for such a business but even the online shops should be taking cash payments on delivery if they can afford to do so.

China, even though they hate crypto and make it obvious, could be right on this one, making an e-payment only shop is not a smart idea, it doesn't really think about what the customer wants, give the customers an option to select and if you want e-payments give them some incentives to choose epayments over other options.
7654  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it true that 99% of ICOs are either failed or scam? on: December 13, 2018, 03:50:22 PM
Maybe this year that could be true, I still doubt it is %99 because that is a lot of failed projects but if you only accept the ICO's that managed to get funded %100 and than started out I doubt that number is that high. There is a threshold there, if an ICO is funded 100% on their goal there is a big chance they will survive, however if they fail to get funding from the people than yeah all of them fail.

Moreover, the ones that manage to get funded are still doing horrible in 2018 as expected because everything else is getting low as well but last year during the height of both crypto and ICO's, you could invest into ANY ICO you want and still make money from them, there was a dude called "thegobone" and he invested into multiple ICO's last year and always made a profit since everything went up in price.
7655  Alternate cryptocurrencies / Altcoin Discussion / Re: Knowledge from the bearish run on: December 13, 2018, 03:01:52 PM
I learned one important thing, never put all your eggs in one basket. If you would like to start your own business and be your own boss than you need multiple sources of income to make sure you will not go down at the first quake.

Bitcoin has been my only income for over 2 years now, I haven't worked in an office space for over 2 years. That is a great thing to say however during this bull run I have used all the money I made during the bull run and I had to work like crazy and try to find more work like crazy for the past 6 months.

I have been doing well until recently as well, after this whole Bitcoin Cash and Craig Wright deals the price went under what I can continue living a decent life, I have barely enough money to pay for utility bills and after that I have very little amount left. Basically I need the price to go back up to 6.5 thousand or it will be a big big problem for me. That is why no matter how much bitcoin rises in the future, I will try to make some money in another way as well so if crypto falls again I will be fine.
7656  Economy / Speculation / Re: Is it allowed for users to share their opinions on my purchase plan? on: December 13, 2018, 08:32:54 AM
I had a bunch of BTC in 2015, sold it for a couple thousand like an idiot, ended up with nothing. During the 2017 run up, I purchased some ETH, profited 20k, sold all of it in one go before the drop. Then purchased 1 BTC at 6.8k, still holding till now.
Not just you, more than 50% this community is doing exactly what you have done. Fortunately, you managed to see some profits with both bitcoin and ethereum but many people were not able to do that. It is due to the basic understanding of the common man who is not having any big awareness about the futures of cryptos.

I have already made up my mind that BTC and Blockchain technology is here to stay for the long run, and I believe this fully.

After many hours of research, I've concluded that BTC will increase in 2019 because of the many reasons you can find on Google.
Your research had helped you to find the real fact, yes cryptos are going to stay with us for ever or at least for the next two or three centuries so you never need to worry about what you have invested. All you must need as of right now, just being more patience and simply watching the ups and downs of bitcoin markets. There will be plenty of chances to recover your capital by the year of 2019 and in 2020 you may get x5 to x10 returns also. So, be confident by believing into the futures of BTC.
7657  Economy / Speculation / Re: Underlying BTC problem on: December 13, 2018, 07:29:13 AM
I hope that whatever the project is that you are working on, focuses on education of Bitcoin's fundamentals and technical aspects. It doesn't have to be difficult if you stick to the very basics. The easier it is for people to understand, the more likely it is that they will show genuine interest.
But, an obvious real-time application of BTC must be adopting it for a business which is completely influenced by the volatility of bitcoin price levels. It means the fundamentals and technical aspects of bitcoin has doing nothing for a business. A businessman when adopting bitcoin for their business, they must look into encashing bitcoin and paying back to his customers in bitcoin which is having big complications when the prices of bitcoin is continuously changing. The only known solution here is, instant conversions of bitcoin into fiats and vice versa.

I am trying to figure out what the biggest problem is right now I believe it is volatility.
You must need an active exchanger who will be available with you on all your business hours so that you will be able to convert both of your bitcoin and fiats as per your needs.

To manage volatility of bitcoin effectively with respect a business, you should not hold bitcoin at any point of time. Just convert into fiats immediately once you receive it. When your customers demand for bitcoins, just buy from the exchnager and pay.
7658  Economy / Speculation / Re: What if bitcoin crashes to $1 overnight? on: December 12, 2018, 05:06:06 PM
Actually the assumption is impossible. No asset class in history I believe has crashed to a $1 “Overnight” . Even if it were to crash to a low price it would take many months, maybe years. When a company’s stocks tumble because of liquidation it takes months, years too until it’s delisted.

If on other less regulated market places it did, short sellers could easily arbitrage and for $5 in insurance would buy 5 Bitcoin and run the token into zero value.


your views?
How? How could it drop to 1 dollar overnight? What is the economical possibilities of something of that magnitude could happen? I mean that is about 100 billion dollars all gone overnight in one day. It is not only impossible for our sake but also technically impossible.

There are so many buy orders that needs to be filled until that moment that there are not enough bitcoins in the market that could be sold. The amount of bitcoins that is hold by people all combined could be sold, everyone who has every single satoshi can sell their bitcoins and the price still wouldn't hit that, people who buy needs to resell in order to achieve such a thing and that can't happen overnight.

Thankfully there are people who believe in bitcoin as a project and not just as an investment so rest assured we will be safe.
7659  Economy / Trading Discussion / Re: Where we can look at the cryptocharts? on: December 12, 2018, 03:38:09 PM
Definitely tradingview. The best chart program in the whole market right now, they have the best options to check anyway you want and they provide you with options to write your own scripts and even sell your scripts for a chart type of person, if you are not a chart person than you can still use it to check others charts and even use their scripts to buy and sell yourself by applying to your exchanges api as well.

The amount of possibilities of how to use tradingview is endless, they are by far the best in the business and offer the most compared to any other chart website in the market. One thing they might lack is the design, their design is very bad and needs some improvement but as I heard they are working on the mobile version so that might fix some things.
7660  Economy / Trading Discussion / Re: How to profit from the market, bulls or bears on: December 12, 2018, 07:39:51 AM
Whether you are a day trader or you trade once in a while, you have to align yourself with the smart money, not the dumb money, surf along side the whales,not against them, trading is war and you have to choose your  battles correctly
Basically you never need to bother about where whales are sailing. You can go with only one direction that is along with bulls. Because, that is the only way all the crypto will move finally in long term basis. If you keep changing your directions, I'm afraid you will collapse all in the end. Day trading is not at all recommended for anyone hence just keep buying at dips and when you have some excess money is the only way of trading is suggested to most people here.

When the market becomes bearish, that’s the perfect time to hit and buy more with your money while you continue to wait for the bull run. Some people also decide to wait to be very sure that it’s bull time so they can then get in and go with it. But sometimes it ends up being a Bull trap, cause it might drop when you have invested.
Bull traps must be treated as another buying opportunity. When you find your perfect time to buy on bearish trend then why should you bother about bull traps. Just move on that simply by watching. We should not expect market to turn positive once we have bought. If we understand this, then you will not bother about those traps.
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