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7721  Economy / Speculation / Re: Price dip a sign Institutional Investors are ready? on: November 20, 2018, 03:15:58 PM
I am not too sure which ones will get in later in the year but I think all of them are already getting into this right now.

Any smart investor would know that the correct price for bitcoin is not these levels, definitely can't be sustained here, the miners would be destroyed and than the amount of miners will get less which would make others get into mining which would cause the mining to go back up for a full circle which means this price is not sustainable, it will definitely go back up. So, as any smart investor would do they are buying as much as they can afford, look at the volume right now, they are obviously getting as much as they possible could while Craig and others are selling.

Craig is basically explaining everyone why he doesn't think the buying/selling part of bitcoin is wrong which shows he is the one selling. For short, there is a crazy person selling a lot of bitcoin and dropping the price, and institutional investors are already buying as much as they can afford.
7722  Economy / Trading Discussion / Re: Do Not Panic! on: November 20, 2018, 01:56:50 PM
Swiss Bitcoin ETF has been approved and SEC ETF will be approved in December and there is BAKKT coming in December 12th, Bitcoin will Bull Run this year, this price drop was a dump in order to push prices down than they will rebuy it and the price will rebounce very strongly forcing a bull run, otherwise people wont have force to push price high, after this rebounce everyone will talk about BTC and the bull run will be the longest in history!
I don't know how to not panic during these situations. The market is basically collapsing and the hash war dudes are telling each other to back off or they will keep on spending more money and getting the win somehow. There is no winner here, the winner will have less money and the loser will have even less money and between all these dudes fighting and losing money by the buckets the market is collapsing on itself.

Ethereum is as low as it has been for a long time now and the miners of gpu mining farms are closing their shops for the day because they are not making any profits. This is the bad side of bitcoin right now, just because two sides are fighting for bitcoin cash, there are miners closing shop on ethereum mining. We are in some bad bad days and it is hard not to panic.
7723  Economy / Speculation / Re: Record falling. What to do? on: November 20, 2018, 10:08:29 AM
Friends what will you do with your cryptoassets?
If you have been holding through all the downtrend, don't stop holding. If you have some extra cash somewhere, take advantage of the dips and make sure you are only buy the coins with great potentials as that is how you will be able to get something tangible out of the market in the long run. Promos like this are just for a while, they don't last forever, so, if you are smart, you obviously want to be taking advantage of what you have at hand right now. One thing is certain for me right now, even if bitcoin drops far way below $5000, I will so much be rushing it.

far away from exchange right now
close your eye and play game with your friend. or go to your girl friend and making love with him, open exchange market next month or year, price crypto currency will be make your happy.
Must be a right suggestion. It would be too good if we forget what are crypto assets, we are holding. You come up with few right examples. I guess most people here will definitely follow that. Trust me, I am already doing these as I am holding my 2014 crypto earning till now. I am already in profits hence continuing my holding is not a big deal for me.
7724  Economy / Exchanges / Re: Crypto exchanges on: November 20, 2018, 09:32:32 AM
What crypto exchanges can you recommend?
It all depends on what you’re after, they all have something that makes them different each starting from the looks, chart and a lot more. But if we what we are talking about is in terms of safety then I will recommend Coinbase. Coinbase is really one of the best exchanges you will come across and not only is it safe, but is also a good a exchange with extra features to offer including a secured wallet. Then we have Binance, OKEx, Bitfinex and a lot of them that are also good.
These days that it is even a lot more interesting when it comes to using APIs from these exchanges to make you trade on a single trading platform for instance like Coinigy even gives it a lot of sense for those who may be looking to trade on different exchanges.

As long as an exchange still remains reputable, a lot of people are using it, and there is a huge level of transparency in the way they operate, with the possible features in place, then there is no problem taking advantage of them. In this case, it is imperative to always look at the reviews and see how well they have been doing.
7725  Economy / Economics / Re: If Bitcoins aren't tied to a conventional currency how did they get so valuable? on: November 20, 2018, 08:55:39 AM
If Bitcoins aren't tied to a conventional currency, how did they get so valuable?
Supply and Demand. People all around the world get bitcoin for couple reasons, some buy it because they believe it will get higher in price and make them rich, some buy it because they want to buy some other crypto but can't buy it directly with fiat, some buy it because they want to gamble. I can continue to list the reasons why people buy bitcoin but in short people just buy it for some reason and since they buy it sometimes the price goes up.

Depending on how many people are selling their coins and how many people are buying coins the price either goes up or down. It looks "valuable" to you but the price has actually reached 20 thousand dollars at one point which shows that people actually bought bitcoin at 20 thousand dollars thinking it would still go up. Supply and Demand determines the price.
7726  Economy / Economics / Re: Bank of America tries to be mobile and search development possibilities... on: November 19, 2018, 03:06:45 PM
The problem with huge banks is that they need to really test out the possibilities before they can do something.
For example, in my country almost all banks have a mobile app that is incredibly well put together and I barely ever go to a bank.

I usually just either use my mobile bank app (I don't even use their website anymore for online banking, mobile app is much faster and easier) or I use an ATM, I have no use for going into a bank aside from if I want to cancel my account, whereas bank of america, which can buy the bank I use 10 times over and still have some liquid cash at hand doesn't have a proper way of conducting business online, they force you to be there at all needs, I can just send a text to my bank to get a credit and whatsapp my signature whereas it would require tons of paper in Bank of America. They are big, that's why they are slow.
7727  Economy / Gambling discussion / Re: This person made $500,000 with gambling and lost it all within 60 seconds! on: November 19, 2018, 01:25:22 PM
That's what happens when you play over a long enough period of time. If you win enough just try to get out, when the number is too big to say no than it is time to withdraw your winnings. My method is if the money was free and given to me only with the rule that I would have to spend 8 hours doing nothing but staring at a white blank wall, would I accept the money ?

Now, looking at a white plain wall for 8 hours without doing anything else (maybe stop the time in between food and toilet breaks) sounds incredibly boring, I wouldn't do it for 5 dollars or 10 dollars. However, if it is 500 dollars I would definitely consider it, if its anything a thousand dollars or more than I would take it ASAP. That is of course my numbers, decide for yourself and withdraw when you reach that number.
7728  Economy / Gambling discussion / Re: Make money with martingale applied to dice game ? on: November 19, 2018, 11:04:46 AM
Hello, I know martingale  is useless for long term for dice game  but   if you have a big bank and can support  1 serie of 20 loose, you will always win no ,?
The world record  for the roulette is one serie of  26 red , it will never happen again,the odd are just very low 
So if we   do martingale  with a bank that can support  20-25 loose, we will definitly make money
Do not also forget about the fact that almost all casinos have a max bet option, doesn't matter how much money you have they will not allow you to bet on 200 btc+ for a wager in most places.

Of course there is no possible way and in martingale you literally always lose because of the house edge and you should know this by know and everyone has always kept saying this but because some people think they found something special the casinos keep making profits from the idiots. No, you will not be capable of winning all the time just because you have a big bankroll, that only helps in poker type of games, on dice calculate how much you would have to spend on a bet when you are on a 20 loss in a row, which is still acceptable because 20 loss is quite common, think of 30 and 40. There are very very few people with that much money, unless you intend to start with 1 satoshi each bet.
7729  Economy / Gambling discussion / Re: Friendly advice/warning about gambling in this market on: November 19, 2018, 10:08:22 AM
I really don't think it matters in the sense that unless you are cashing it out to your bank account it is still gambling no matter what.

Yeah, I understand that you put in 20 dollar bet to some football match and you won and you get 19 in return even when you win. Which sounds horrible and weird and we all know the reason because it bitcoin is falling and what not but isn't that still much better ?

First of all, if you are going to cash out than cash out, do not bet one more time and cash out just get it now. However if you are not cashing out that 20 dollar bet would have been say 15 dollars right now, which means if you get 19 in return even tho it looks like you lost money on a win you actually won because it would have been a lot less if you just hold the money. So, I think it doesn't matter unless you consider cashing out.
7730  Alternate cryptocurrencies / Altcoin Discussion / Re: Holders bonus on: November 19, 2018, 08:52:27 AM
if you have asset and already lose, better sell now, because we dont know what is happen next.
maybe will be worst or better we dont know.
but if you have some cash now, its a good time to buy.
No one knows tomorrow and if you already had that figure out, then you will not be panicking and selling at a huge loss because you will eventually regret it when the market recovers, and of course, this kind of mentality is what the whales are basically trying to take advantage of and what will ruin you eventually and make regrettable decisions. You already said it in your last statement, so why spoil it with the first statement? The only reason you should be selling any asset now is when you know it does not have any possible potential at all.

Holders bonus is a very good method of avoiding tokens holder to dump in the market, holders bonus is good because you wouldn't need to use your fund to buy more coins and it's always win win situation when the developers are transparent
Agree, it is not a bad idea, and that is more like what the proof of stake stands for and in most cases, can really help the market to grow hugely in the long run. It serves as something passive for a lot of people as well though and for the fact that this is something that can benefit anyone who does not know how to trade and take advantage of the market fluctuation. What is important though is that with or without bonus, as long as you know what you are holding have long term potential, then, you should be sticking with it.
7731  Alternate cryptocurrencies / Altcoin Discussion / Re: Expecting this year ฿ on: November 19, 2018, 08:01:38 AM
As we can see, Bitcoin lost its stability yesterday and we're on $5500 now. I expecting that bitcoin will starts bullrun at middle of December 2018 but we lost about $700 in just 1 day. Is this the beginning of Bitcoin's downfall or it's just getting ready for bullrun by the end of the year?
What are your expecting this year?
I think if we are talking about like 31st December at last minutes nobody could know but as long as this war goes on there is no positive outcome we could hope for this year.

Meanwhile, in the following year of 2019 we will see a lot of increase in the price, whoever wins will probably spend some money to celebrate and than that will be the end of it, we will see a market that is all positive and all potentially great without any bad news and horrible things going around.

Bitcoin always had that type of stuff going for it, china ban, mtgox hack and now this always a bad thing going on, I just hope after this is all done there won't be anything left and we will see some decent years ahead without any of the troubles and problems going around for bitcoin for at least a whole year.
7732  Alternate cryptocurrencies / Speculation (Altcoins) / Re: XRP - Ripple is back with a bang ! on: November 19, 2018, 07:21:07 AM
XRP can never replace Bitcoin. There is not even any comparability between them. Although XRP has a certain number of users, it is not enough to compare!
Yes, ripple is just another corporate company, it is not a coin.
Why people mistake xrp and ripple I have no idea. Normally they have no connection other than company making some cash for themselves whenever they want.

There is absolutely no correlation between the two because when the company gets a deal or signs a contract with some big company the price of xrp goes up as well but there is no need. They are not going to buy their coin back from you just because they made money, or they are not going to give you dividends on the profits they made.

This is not stock or share of a company, it is just a way for them to sell and profit whenever they are short on cash. I do not know why ripple has been going on this long and I really hope it will soon finish because it is literally looking they it might be a scam for you and very dangerous.
7733  Alternate cryptocurrencies / Altcoin Discussion / Re: The battle between ETH and XRP on: November 18, 2018, 03:37:51 PM
The Terrible deserter that happened on Wednesday left bitcoin below 100 billionusd. The worst bear since 2018. currently the top two major altcoins XRP and eth are struggling out for the second place. Ethereum fell over to 170 usd while XRP has fallen to 0.4363. a cooling ICO market has also gone down the line as the amount raised via coin offerings plummeted to a $63.2 million in October. this is the lowest since March 2017 just before the token boom began, according to ICOData.io.
As the war for the second place continues,it is clear that XRP is taking the position. How long do we expect to see such position happening?
On one hand you have ethereum which is used in companies to make softwares based on its platform, used by games to be played on their platform, used by ICO's to be published on their platform and many other stuff that has been done on their platform for the longest time.

On the other hand you have a company that vaguely represents the coin in the loosest terms. There is no battle between ETH and XRP in reality, there is just a battle between ETH fans and XRP fans. XRP wasn't like this for the longest time, it only came to light when everything else fell but XRP didn't drop as much as some of the other coins and increased in value time to time because of its owners.

When the bull comes you will see the real difference both of them because bull will make ETH worth a lot again whereas the owners of XRP can't afford to spike the price that much during a bull compared to a bear market.
7734  Economy / Trading Discussion / Re: Bitcoin now a stable coin? on: November 18, 2018, 02:52:48 PM
Pls guys any recommendations on ways forward as regard bitcoin trading?...the coin seem to me now as Tether (USDT )...lol
Once again we see that bitcoin can never be a stable coin.
It got destroyed and even if this is not a "bear market" there is still a big loss in just half an hour. One big sale on a very slow and low volume day and here we are with a coin that is 15% gone and a whole market that lost over 10 billion dollars in value.

Realize the fact that no one sold 10 billion dollars in order to drop the market over 10 billion dollars, someone probably sold like couple thousand bitcoins alone, that's it, and it still dropped the whole market over 10 billion dollars.

We can see how much of a "bubble" our market is considering even millions of dollars are powerful enough to change the market this much. I can't even imagine what the "institutional money" people keep talking about can do to this market.
7735  Economy / Trading Discussion / Re: stop loss management on: November 18, 2018, 12:41:23 PM
Good day fellow traders, I'm thinking of using stop loss order in my trades, can you give me some advice how you use your stop loss order?
Now wee see the importance of stop loss management. If you do not use stop loss and get out at the right time this could happen to you all the time. We didn't ever expected this to happen and we were looking out to a higher level instead of going down. What happened was out of nowhere when a whale sold all his coins and got cash to pay someone and this is the result we have.

If you ever want to get out of this type of trouble in the future, buy your bitcoins and than put a stop loss at around 5% or so levels, that way if it goes down you will sell and than you will buy more bitcoins at lower price after the dust settles. That way you will own more bitcoins than you started out. Stop loss is a key feature in trading and specially trading something as dangerous as bitcoin, always use that feature for your best.
7736  Alternate cryptocurrencies / Altcoin Discussion / Re: Which types coin will dominate the market on: November 18, 2018, 08:22:09 AM
Recent Coingecko's report shows that infrastructure coins are no longer dominate the market of new coins/token being launched in Q3 2018. So what is your idea on the types of coin will dominate the market in Q4 2018 and the year of 2019?
I think the stake coins and masternode coins will have a big chance of going higher in the list and maybe even if not dominate the market they will have a lot of interest for them. Of course masternodes and stakes all depend on their prices staying higher as well, when a coin you buy gives you 5%-10% interest a year and drops 20% in a week there is literally no point of getting that coin. Of course there are still coins like ethereum and neo which means the importance of blockchain is still quite important.

Ethereum managed to get all kinds of people interested in their stuff, from cryptokitties like blockchain games to ICO's getting their tokens distributed to companies who do insurance or whatever. Everyone loves the blockchain of ethereum and now neo, so they might dominate as well.
7737  Economy / Trading Discussion / Re: Best exchange for Day/Short term trading on: November 18, 2018, 07:52:48 AM
I think short term trading requires volume and liquidity so I think IDEX will not be equal to Binance. I trade in Binance and hunt cheap altcoin on IDEX.
Yes, if you really want to be day trading or doing short term trading, I believe volume is something you really want to be taking advantage of as well as liquidity and that is one of the reasons why it is always important to take advantage of liquidity in most cases when it comes to trading the market.

A lot of people coming newly into the market tend not to do a proper research on the exchange they want to be trading on, and just pick any exchange without questions and then blame the market for whatever comes out of it. At least, if you do not know an exchange to pick, just make use of the reputable ones, binance, bittrex, bitfinex, and other well-known and well used exchanges.
7738  Economy / Gambling discussion / Re: Betting with me 😀 on: November 17, 2018, 07:10:31 AM
Should I trust something like this? I mean there are many scams right now and I don't want to engage is such. What I want to see is if there are actual people doing betting with you and an actual count of winnings for the said contest that you posted.
It is not about trust, it is all about betting and the OP giving his own tips, and it is not like he is some god that will see the future of what will exactly happen, but he is also simply taking a chance on a team winning over the other which in this case, at least he has been able to make 3 right predictions so far but that does not guarantee anything in the future.

Rather than all these, you must understand it is just gambling and if you cannot have the mind that there is possibility of losing, it is better not to gamble at all.

He is only asking you to join him with his bet if you care, while he gives some tips on his bet, so in that way, I do not see that as any problem, and the choice is all yours.
7739  Economy / Gambling discussion / Re: Do you gamble or think it's a waste of money and time? on: November 16, 2018, 03:31:30 PM
Seeing how the odds are pretty often against you in gambling as the gambling services are for making money out of you and not the reverse, do you still decide to gamble? If so, why?
I do gamble but I also think it is waste of money.

I mean I am pretty sure I can find something much better to do with my money, if you combine even the most sane bets I have done in my entire life they probably come to couple thousand dollars, I have spent that money as entertainment, saw it as "going to movies" and all that, however it is still a good chunk of money that is never coming back, I have of course lost a lot more but at the time bitcoin was low, if we take the price for today's bitcoin then I have lost over 20 thousand dollars but I do not see it that way, I calculate it at the price when I lost it which makes me feel better. If I have put that into any other coin, anything at all, I would have over a hundred thousand dollars right now.

I just see it as a waste of money but I like doing it, I like gambling and I like wasting money for it. It is just too entertaining. Don't be worried though, I have known that gambling will not make me rich a looong time ago, I just play for the entertainment value.
7740  Economy / Trading Discussion / Re: Story of crypto market on: November 15, 2018, 03:10:48 PM
Crypto market is full of blood and tears.
Certainly many people who enter this market long enough will have losses money, even lot of money.
I've lost a lot money because of the margin. When I think I know everything about this market. That moment I was gone.
Have you ever lost a lot of money? Please share with me your story about this market. I want to learn from you. Thanks a lot.
I've lost money in crypto just because I made a mistake. I bought a coin at a higher price and in panic saw the price drop by 10% I sold it, and immediately in some time the pump price was more than 70%. it made a disappointment and regret when he saw the crypto market situation.
Well, it is one thing to make a mistake and realize you made a mistake and it is another thing to make a mistake and still blaming the market for your mistakes while doing the same thing over and over again, expecting different results. Still, it is good that you realized you have made a mistake along with all your hopes are never lost and most especially for a market that is growing every single day. With trading the markets, if you do not have a strategy, situations like this will always play out.

Trading is not about panicking, it is about having a strategy and executing it, and sure there are some times, when the market will tend to deceive which is in the case of a bull or bear trap sometimes, but as time goes on, you will surely always know the best way to handle that.
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