If you are wanting to be that trigger/catalyst to start short selling are you capable of doing that on your own? Because not unless you are a whale I don't think you have the power to singlehandedly influence the market, I mean even the pump and dump groups fool people in their telegram channels in order to have others join the demand in the buy orders. The same will be for the ones selling it, if there is no considerable amount of selling pressure in it I don't think you can do short selling on your own not unless that altcoin is going down already.
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No need to show your demo account since all you need to do is to post your technical analysis here which includes the chart and the explanation of the indicators you have used while making your analysis, members always tend to get back on your analysis if you have accurately predicted the price movement or not. Creating 1 thread for your predictions might be the most appropriate one rather than creating multiple threads in each analysis because it will clog up the section.
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Why are most of the post out here assuming that the government of Venezuela accepts Bitcoin because it is related to crypto adoption? Remember that Venezuela has a issue about hyperinflation and ever since then they have started accepting other fiat currencies in their country as a legal tender like the US and also Euro so there is no surprise that they will be also accepting Bitcoin as a payment because literally you need to bring stacks of Bolivar just for you to buy grocery so this really isn't ideal for them, they either use debit cards or other currencies as means of payment. The bottomline is this isn't about adoption but their alternative solution as a payment due to hyperinflation.
I think the adoption of bitcoin in Venezuela is due to TINA (there is no alternative). As a result of a total economic embargo from the US to Venezuela. Become a solution because of the lack of alternative cross-border payments except using the swift system. Maduro also admitted that Venezuela needed dollars to maintain economic stability. Whatever exact reason it is it is not about what others have previously said about the Venezuelan government trying to adopt cryptocurrency but it is more about them having a solution for their economical crisis. A lot of members failed to see what the current situation of Venezuela is that the value of their own fiat currency is so low that they can't even carry it anymore to buy grocery from that's why digital payments like Bitcoin has been made possible because of it.
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There are far more worst examples than that but this is one of the common ones you will see being promoted on a daily basis. But as an altcoin investor you shouldn't really judge a project instantly of it being a scam just because it is near of what you are talking about if this crypto is really backed by gold then it is your job as an investor to find out if it is true or they are just a group of persons trying to scam you. Everytime you look into a project you must always validate if their team is real and if their project as well is legit because who knows you might hit the jackpot with that altcoin.
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Short Answer: No 1.48 Million More Americans Applied for Unemployment Benefits Last WeekThe ones given by the article is not really the major factors to consider that the economy is recovering it's not even how to spot if the economy is rising or not. From what I know the US has now a growing debt because of the pandemic as well as the massive protests happening US as of right now is a lot of things but one of it isn't really about their economy having a jump start at all.
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But investors’ hopes remain up and alive for the Bitcoin halving event in May 2020. Investors once again started accumulating BTC and BTC price started. Just before the scheduled Bitcoin halving data of May 11, BTC price touched $10,000 surging 100% from its 2020-low.
Pots the Bitcoin halving, Bitcoin price has remained volatile moving back-and-forth in the range of $8800 (support) and $10,500 (resistance).
Actually if we are looking for Bitcoin for us to be confident about it's actually how it quickly recovered from the massive drop as well as how it is somehow immune to the pandemic as compared to other markets. I remembered it during March where the crypto market was not the first market to react in the pandemic and it was actually the last one, and even if it was the last one who have broken down it was the first one to recover. Some say the recovery was because of the upcoming halving but I think the price action in the post-halving shows no relation on how the demand and price went up even before the halving happened. Some whales might just have actually taken advantage of the FUD for them to short Bitcoin and maybe that's why it recovered so quickly.
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Also based from what I have seen in previous cases newbies that don't resort to copying the texts directly they always opt out paraphrasing the text as well. Paraphrasing is good however text-spinning or word swapping is not, technically you still plagiarized the content as you just swap out words or switch their position either way it is still the words or point from the original creator. If you want to paraphrase something you must write it on your own without directly copying the sentence construction of what others have said. Safest way to be involve in the topic is to know what they are talking about and read some more references before you start composing your own post.
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With regards to Paxful being a scam or not I'm still in the middle of this since from what I know topics related to Paxful here in the forum are always divided with it. Most of the members saying that they are a scam are the ones who have the same issue with the OP the ones who are saying Paxful is not a scam are members who have no problems with their service or are community managers of it. Even if you look at Reddit you will see no sure answer that their service is definitely a scam, one thing is for sure though their customer service is really slow that's why it doesn't help them in this kind of cases.
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I wish the author of this Forbes article built around the statement of Jim Rogers about Bitcoin being eliminated by the government since the main body doesn't really talk about anything near that. They didn't talked about the government of any country is headed towards that direction but instead said things about China is headed towards being a digitalized country which isn't really supporting the statement of Jim Rogers. One thing is for sure though that this will still be an unclear statement and cannot be use as basis to anything as we don't see any kind of plans from the government eliminating Bitcoin and other cryptocurrencies.
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Newbies have to start somewhere right? If several of their posts gets deleted frequently they themselves will know what the problem is and they can either as other members here in the forum or find out for themselves why their posts are getting deleted most of the time. They'll try to improve of themselves by having this kind of mistakes and will try to do better next time so their topics that they are really interested in won't be deleted. Simply restricting them for posting more topics won't let them learn anything from it since it doesn't guarantee anything about the improvement of their post.
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I don't why they are calling this a revenge fight because definitely Adan Gonzales doesn't look the in the best position to fight right now. Yes he defeated Robeisy Ramirez in his pro debut but Gonzales didn't have any fight after that and his next fight it literally the same person which is Ramirez, he almost rested for a year with no kinds of professional fight experience or any kind of special training so I don't think he is in the best shape to fight right now while Ramirez on the other hand after his pro debut he had 3 flawless victories all of which are KOs which all of these boxers are within the same level as Gonzales IMO.
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Issues like this where the crypto service isn't responding to your concerns anymore can be solve by taking legal action against them, hire a lawyer and thoroughly explain your situation being centered by Paxful withholding your funds and not contacting you, particularly I don't know if they have broken any law or something or this is just a misunderstanding but usually having to let them know a lawyer is knocking on their doors will speed up the process companies like this always want to stay away from legal issues as it can ruin their reputation by a lot.
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We can say that most of the high market cap cryptocurrencies out there almost always move together where Bitcoin is moving but it doesn't mean that it will almost and always be the same movement. There are times where Bitcoin is the only crypto in the market who is moving upwards while the others started falling this is mainly cause by these altcoins own investors offloading their hodlings of that crypto in order to participate Bitcoin's massive bull run. This scenario can always happen anytime and we cannot assume that if Bitcoin's price is this then the other Altcoin will move proportionally to that one we also need to analyze other factors such as the volume of the crypto itself when that happens because maybe another massive offloading will happen.
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But is there such thing though ass a crypto liquidity provider? I mean if they are present in exchanges it would be noticeable on what they can contribute to these crypto exchanges. I mean if liquidity providers are present in this exchanges prices would be more stable buy and sell orders won't have big gaps as liquidity providers would match and create some of this orders none of that can be seen in some of exchanges I have entered.
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Why are most of the post out here assuming that the government of Venezuela accepts Bitcoin because it is related to crypto adoption? Remember that Venezuela has a issue about hyperinflation and ever since then they have started accepting other fiat currencies in their country as a legal tender like the US and also Euro so there is no surprise that they will be also accepting Bitcoin as a payment because literally you need to bring stacks of Bolivar just for you to buy grocery so this really isn't ideal for them, they either use debit cards or other currencies as means of payment. The bottomline is this isn't about adoption but their alternative solution as a payment due to hyperinflation.
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From Coinify's website: Honesty We promise honest rates and no hidden fees. You can find details of our fees on our pricing page and we guarantee the exchange rate of the currency for 15 minutes. You have this text highlighted already and you must know "honest rates" isn't the same as "fair rates" and usually companies like this use safe statements like this to screw some of their clients and Coinify did it to you. As far as I see it with how you explained things Ledger really has nothing to do with it since Coinify is really the one where you are buying your BTC from aside from the outrageous fees you can see that they don't also have a "fair rate" for your money so really you as a buyer must have check on it before you push that buy order.
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Remember when Justin Sun took a poll about which being a better project and he posted about Ethereum 2.0 or TRON 4.0 and it was obviously manipulated since Tron suddenly won the voting poll? That alone signifies that this upcoming project for TRON is more hype rather than something to be a game changer for the project. A lot of people said in the subreddit of Tron that if nothing significant happened with the previous version what would be special about this time? Even some of their own investors are not believing the hype.
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Bro you can't really judge a whole industry or asset type in one or more dirty fraud inside them because if you do then the crypto industry won't be different. We have our fair share of big scams running around the industry since it has started from HYIP sites to fake cloud mining sites and even to crypto projects like BitConnect who have scammed hundreds of people oh and there are also exchanges where investors money that have either been hack or at least lost forever like the one in QuadrigaCX. The ones I named are one of the biggest examples where investors trusted their money in the crypto industry and they lost millions from it. So you can't really make this an angle to say cash has a lot of scams happening because the crypto industry is no different.
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Although the article has mentioned major crypto exchanges as well as other P2P platforms by continent it doesn't mean it applies to all countries part of the continent. Just like Coinbase where even if it is accessible to most countries their cash out options as well as purchase options still depend on the country they have an operation in that's why it is always better to pick up the best local option you have in your country or at least know if your country is covered with the cash in and cash out options you have. Since if I'll be buying crypto with these platforms I'll have to know what my options are before trying to look the best rates possible and at the same time keeping in mind the KYC requirements for each of them.
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This might just be a way for Roger Ver to boost forum.bitcoin's traffic? I mean he looks like they successfully controlled r/BTC there is no doubt he also wants to have a piece of the pie by taking a jab at BCT. Right now you'll see several articles about this forum closing and suddenly Roger Ver saying a different thing so definitely if he is looking for a lot of exposure for the website he definitely got it by saying a closure statement by a site admin and then him taking it back and maybe in the next few days he might bring the "good news" about it continuing.
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