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8461  Economy / Trading Discussion / Re: Short term vs. Long term investments on: July 10, 2018, 01:29:56 PM
Both short term investment and long term investment are good but it depends on the time you have in your hands to handle the short term as against the long term investment. In short term investment, you are dealing with lower time frame in making trading decisions, while for long term investment, you are dealing with higher time frame in making trading decisions.

The concern however, is that the lower the time frame, the more the risk and the more the profit you can be making compared to long term, so in most cases, it depends on what each individual is settled with.
8462  Economy / Economics / Re: Bitcoin volume is still rising ? on: July 10, 2018, 12:42:49 PM
Based from the chart, bitcoin should rice to $10k, then another consolidation for a much lower bear market. I expect Bitcoin to touch 3k before it will make a huge run to $100,000
$100.000?  Wow, you are very optimistic about the future of bitcoin.  I better start collecting when it reach $3k.
Actually $3k is actually a very good sweet amount for anyone who is smart to really get in at a very interesting value, lol. Yes, I believe we are going to end up seeing this scenario play out myself anyway which is why anyone who is complaining now should instead be taking advantage of the dips and looking forward to the future which I believe it is the best thing to ever do in situations like this.

The huge run would not happen immediately though from that spot, as we will definitely still see some sideways consolidation, but the long term is still intact for huge gains.
8463  Economy / Economics / Re: Facebook now joining btc? on: July 10, 2018, 08:11:45 AM
Here is the thing with business, they're not going to accept a new payment method and go through all the motions of setting it up unless it's going to profit them. At this point in the game, Zuckerberg and the rest of the corporate structure at Facebook doesn't really care about the tech anymore -- they're all in it for maximizing the amount of money that they can make. If bitcoin is going to lead to them making a few more million dollars a year in advertising revenue / whatever revenue they make it in. Then they're going to do it.

If it's not going to help them at all, they're not going to accept Bitcoin. That's just the simple way of laying it out.
Why would they not care any more about the tech, which I want to assume you are referring to the social media platform they have built and have been developing over the years ?

If they do not, then, there would have been no product to even start considering the possibility of making use of bitcoin as a payment method. That is by the way though, since I believe Facebook would rather be thinking of utilizing the blockchain tech instead to their advantage. No company actually will be thinking of something that would not bring them better revenue anyway.
8464  Economy / Economics / Re: regulation and legalization of cryptocurrency on: July 10, 2018, 07:26:47 AM
the regulations of cryptocurrency is also good but that will effect the decentralization of the crypto which is aimed at making crypto a free assets free from third party involvement.

Decentralization has never been an easy alternative. It requires people to step outside their comfort zone and to actually contribute effort to obtain financial freedom and everything around it. People for the first time ever have the ability to conveniently use a tool that allows them to transact and maintain wealth online, and that without anyone capable of limiting you.

Gold has been a great tool back in the days, and still is, but the convenience that Bitcoin offers is certainly changing how we are dealing with value.

People should be happy with how the market has gone down. Instead of paying top prices you can get a way better deal right now. Wink
A better deal that most of them are still complaining about. It is easy for you and I to see it as a better deal with the value presently since we know the real value and same goes to others in our shoes, but for those who are simply in it because all that matters to them is getting rich quickly, that would be a hard thing to focus on and rather than seeing this moment as a means for long term, they rather chicken out.

With respect to regulation most especially, that is something we obviously cannot run away from. We may avoid them only when everything will be available for bitcoin payments but from your neighbor and friends. I guess that kind of society will be built very soon then we may avoid/overcome those government's regulations and restrictions.
8465  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bounty Hunters the cause of token dumping ? on: July 10, 2018, 06:53:07 AM
We can't bring it out such allegation towards bounty hunters cause that is usually their doings. Once received their rewards, they have to sell it immediately even in low price to have money instantly. But we should not blame them all because some bounty hunters have learned it already. We can't take consideration also with the dev's of a certain coins for their huge participation to help it out from dumping.
Have you ever wondered how much volume you get to see when the price is dumped compared to the volume the bounty hunters actually got all together in the first place ? You guys should not forget the fact that bounty hunters are just a very tiny piece of the puzzle when it comes to ICO holders.

The private sale investors, investors that bought at a very early stage with huge bonuses are more prone to dump the bonuses to at least get back their initial capital, but we all concentrate on the final ICO price saying some bounty hunters are dumping below the price, but rather, most bounty hunters who are daft enough not to know the ICO price may actually be selling their little tokens lesser than they should be in the first place.
8466  Alternate cryptocurrencies / Altcoin Discussion / Re: When the World Cup ends, will ETH and BTC rise? on: July 10, 2018, 06:11:44 AM
I do not think that the World Cup will make an impact on the crypto market, for this to happen should be invested billions of dollars in cryptocurrencies and I do not think that bookmakers will earn so much money
They are all just baseless assumptions which in the real sense do not make any sense at all looking at the comparison of the two. It is not like jerseys are being sold in collection for bitcoin and Ethereum; it is not like this was used as a means for payment purpose and so on.

If the world cup is in Japan now, we could have said most foreigners may want to use cryptocurrency since it is legal in Japan to do transactions and so on, but even at that, it is still does not bring about any correlation between the two by any means.

Seeing how a lot of people here are trying to link up the whole world cup with the rise of these two coins is actually funny and pathetic at the same time as there is no correlation between the two. Crypto space of course is determined based on how it is perceived and how demand kicks in and I do not see any news that brings about the end of the world cup creating a whole new level of demand for bitcoin and Ethereum in any way.
8467  Alternate cryptocurrencies / Altcoin Discussion / Re: Can i trust crypto / digital currencies? on: July 09, 2018, 01:06:54 PM
This is entirely your right, but if you immerse yourself in the meaning of crypto or digital money, you will understand why people want to integrate these pieces into society, because there is a blockchain there and the very fact of limitedness is already giving them great benefits.
Anyone who is even making decisions as a result of what the banking or financial institutions are claiming is not ready for anything. You have said what is important, which is to understand all that is needed to make good call in terms of investment in this space.

It is not a means to get quick rich, but for those who understand they need to be investing in good projects and teams, and also discarding whatever comes out from the mouth of government or financial institutions as this space is going to evolve bigger than this, they are the ones that will benefit in the long run.
8468  Economy / Speculation / Re: What's your plan? on: July 09, 2018, 07:59:31 AM
I will keep hold it. What should I fear ?. I have a strong belief that crypto can still survive. This situation will soon pass. I'm a newbie too. I still have much to learn here and there is still much I have not got from Bitcoin.
There is nothing to afraid of and you should not have fear because fear is for the people who do not have trust on bitcoin. Furthermore, bitcoin will surpass this situation and then there is no nothing to worried because it is normal to happen. Just hold your bitcoin because in the end of this year the price of bitcoin will spike and it will really survive.
I need money to fulfill my dreams and to overcome my financial hurdles. So I will start trading because if I hold my coins it will take long time to grow and I make some money. Instead of holding I will start trading because from trading I can make huge profits in short time even the price is low. For new investors holding is better than trading because nothing is required for holding.
Well, is that not what money is good for? We all want to achieve a great deal in our life and have some high level of financial breakthrough, but all these does not come without some good plan. The thing is to equip oneself with some very good knowledge on how to take the best opportunity of what we want to delve into and for now, just like you said, trading is a very good option.

Many people miss that aspect so much that all they concentrate on mostly is the negativity without knowing how to use that negativity and turn it to positivity.
8469  Economy / Speculation / Re: Bitcoin Breakout or Fake Out? on: July 09, 2018, 07:14:48 AM
For short term, I do not see a clear indications whether the trend is still bearish or to reverse for bullish. If the trend is still bearish, surely it can be said bear trap but for long term I still see this as good investment while the price is still low.
In the short term indication, there is nothing to know and best is to just wait for the market to develop before even making any possible move. The reason why we are not seeing much volume in this market is because we are in a downtrend anyway, and simply no matter the short pump that we get to see, a lot of traders are being very careful to make any moves. Simply put, the best is to relax and see how things play out. It could be a fake pump, and it could be the market in need of some volume, but so far, nothing is certain.

Personally I would not consider anything yet. During downtrends like this, it is always necessary to be scared of any possible breakout and allow the market to settle down and show possible direction before hopping in. With the past situation of the market and in the possibility of seeing a lot of manipulation, it makes a lot of sense to see how the market breaks out and plays out before making any attempt. Like you said, it is a pump and it can end up being dumped.
8470  Economy / Speculation / Re: Why is a constant rise in the price of Bitcoin, important? on: July 09, 2018, 06:31:37 AM
In my opinion, stable growth is good enough for the holders and investors, but for the day traders, better would be to have some unstable and volatile jumps, then they would be able to trade and have their money.
Even in an uptrend market, the market is still going to be fluctuating on the lower time frame, so you cannot see stable. However, a constant rise just makes it easy for everyone to invest or trade, knowing that no matter what they are making profits and that is what makes it different from a bear trend which has to do with a lot of uncertainty and people being careful when they should enter or not as the case may be.

Unfortunately, unless there is a real demand and a huge one, constant rise is not something anyone should expect and even with the real life usage or demand, it still does not guarantee constant rise.
8471  Economy / Trading Discussion / Re: ICO categories. Best investment. on: July 08, 2018, 01:36:02 PM
we can not predict what is the best ico program or where the fast ico program on the floor as well as fast will be more profitable for you, if you have confidence in them you join
I believe it is actually common sense that exchange is highly needed in this space and a very good one with a lot of innovation, which is the reason what the OP said about exchange ICOs coming up with the best ROI in the long term, is true. It is not about prediction, this is about reality and what is at hand at the moment, and this is the main reason why I tend to try as much as possible to invest more in an exchange, most especially when it has a good team and a product that is of course going to make a lot of difference.

I actually thought at first that gaming would actually come out to be a very good one, but it is what it is and for real, most gaming ICO has been shitty.
In some perspective all the business are good to survive and to get us good returns. It means success of business/project is purely depend on how effectively it will be managed hence return from an ICO contribution also purely based on how effective the devs are. It has nothing to do with gaming industry as far as my experience concerned.
8472  Economy / Trading Discussion / Re: What are the reasons why you must take risk in crypto market? on: July 08, 2018, 08:27:12 AM
Thats 100% true. You cant get benefited as long as you are not taking the risks in this market. The major point is, if you take less risk then you are not gonna earn big but if you really taking big risks then you will be earning huge money. Just take an example of gambling. If you are going to stake few satoshi's with less odds then obviously your returns will also be less. If you are going to stake BTC's and with huge odds then surely you are taking biggest risk but at the same time you will have huge returns on that. So its simple example which describes how the risk plays important role in the way you earn money.
Yeah, you have to take some risk but to get the best out of it, you have to be ready for it, and by being ready, I am referring to taking advantage of what is at hand with the knowledge that you have. This crypto space is a very good example and while some are taking risk blindly and dumbly thereby losing a lot and chickening out, some are busy taking risk with great decision making skills which can only come with the knowledge of the environment that they are in, which is how it works.

No opportunity in this world comes with zero risk. If we are not risking something then we may enter into a situation where we may be enforced to risk everything of our life time. Cryptocurrencies seem providing best returns for our investments then why not risk something with them ?
8473  Economy / Speculation / Re: Bear market? Will NEVER HAPPEN because of increasing # of unretrievable bitcoin on: July 08, 2018, 07:10:56 AM
we can have bear market if bitcoin supply was 1,000,000 and price of it was $6000

Nope.
6b$ total market cap for bitcoin is not possible. EOS alone raised such amount.
I would not say nothing is impossible and for one fact, I really would want us to concentrate more on demand, knowing that the market is more speculative in nature and easily manipulated. I understand what everyone is saying though, with the whole supply thing but it is not like it is still not relevant in a way if we get to see real life usage.

Since most of the movement and manipulation happens on exchanges, and it is not like all the circulating supply is totally reflected with the movement of the price based on the volume on exchanges, one may actually want to assume supply is irrelevant but this is an argument that we will all have different perspective to, but with the way things have been, the quick dump of even little volume affecting the prices quickly, anything is possible.
8474  Economy / Speculation / Re: Why we should not panic about the Bitcoin price. on: July 08, 2018, 06:33:16 AM
Because it is more than normal to see this kind of situations on the market, even when we are seeing everything  collapsing, this is more than normal and i am more than sure in that the price will recover from this deep level sooner or later (it will depend)
But I would not say there is no chance as anything can happen positively as well negatively to drive the price very fast and as volatile as the market is, we all know it is possible.

From the look of things right now, it is not something to even assume as it is impossible as nothing would really warrant such a drop to that level. If nothing is wrong and bitcoin is moving close to that level, I can imagine the level of bull rally that would start from there.
8475  Economy / Gambling / Re: Bitcoin Fantasy Sports on: July 07, 2018, 11:37:05 AM
It is much more reasonable to start this promotion right now when the season is at break so that they can both get good amount of player base doing promotions and getting their names heard.
Also they can test out their website and how its holding up so they can be ready when seasons start. When soccer, football, nba, nhl and nfl starts, they might need a lot of help and not get many since people will want uninterrupted gaming instead of constant updates (which even big firms get) so they started right at the correct time.
8476  Economy / Gambling discussion / Re: Walk of Shame on: July 07, 2018, 10:14:16 AM
I have never played on physical casino yet. Sadly, once I had the same feeling in an online casino where, i was playing Dice game on 1.5x payout. Everyone in chat was cheering me as i entered high rollers bet tab. That made me feel more confident and eventually lost all my money. Then, people started to mock me on my stupid bets. That was a sad experience for me.
It is going to happen because it your own money and friends will always make you high to play and bet more as if you lose it will be your money and if you win they will ask for part or some drinks etc. So you need to be smart and play accordingly.
Yeah, being smart is actually one thing no one should be leaving out when it comes to gambling. The thing with gambling is that if you cannot give yourself the reason of knowing what to do at the right time and how to set limit for yourself, it is definite to fall in the trap of getting greedy and pushing harder until you lose everything and the losing unfortunately comes so fast that you won't even know what hit you until you find yourself with nothing.

In gambling losing is a part of game but losing everything even after knowing your limits is somehow idiotic or dumb act.
Almost all the gamblers are well aware of all the dangers of gambling and its addictions. Still, gambling is an ever-growing industry but rest of people could never understand why they are doing those idiotic acts.
8477  Economy / Gambling discussion / Re: What is best practice for gambling?? on: July 07, 2018, 09:44:18 AM
The best practices I guess are those experiences in gambling the more long-term gambler the more you have a chance of luck because you have already an idea how to gamble with it.
Yes, we could not get perfect in gambling that we say we always won in every session that we gambled, it is all about a pure luck in gambling. Which are we need to understand what is the risk when it comes to gambling and probably you are ready to lose.
I get it! But you should not also forget that we still have a lot of addicted old gamblers. It is really not about how long you have been gambling that makes you to realize how to be gambling or brings you luck at all; it is actually how you perceive gambling from the onset that matters.

See, gambling as fun and entertainment and you would not be worried about losing anything or gambling what you cannot afford to lose and if you simply cannot even see it as such, then you should be staying away totally. The risk is huge and you should not be concentrating too much on winning, but if you eventually win, just count yourself lucky, that is all!
8478  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Scam scam scam!! on: July 06, 2018, 03:03:21 PM
First of all, I'm checking team of the project. Top managers must be found in social and this must be live accs with real people with family, friends. I don't believe that anyone no doesn't exist anywhere in the social media. If I found nothing this is pure scam at 99.99%. You can try google search by photo of the team.
This is actually the first thing I go for before even attempting to go further in checking the details of the project and if there is an available product.

It is more like investing in a company and if I cannot see the team, or know the things they have achieved in the past, or the positions they have attained, or if at all they are real, then what is there to invest in because the last time I checked, these are the ones you are really investing in since the project or product is not going to be developing itself as time goes on and that make you fish out scam pretty fast if you cannot trust the team.
8479  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it worth buying low-volume tokens? on: July 06, 2018, 11:22:55 AM
Most of the people buy low volume tokens with high returns in mind since low volume means mostly low market cap and low market cap coins can be moved and pumped easily with small amount of money. But on the other hand these tokens also end up failing and going away due to not much traction. You wouldn't want to risk your money on such tokens.
It is a high risk high gain kind of market, which is more like someone trying to trade penny stocks and in this case one should never try to pick this one’s by investing too much. It is best in this kind of low volume market to invest what one can afford to lose. Although, presently in the market, a lot of the tokens that just got listed recently are doing pretty bad due to the market condition, but that does not mean they may still not do well. Best is to check the project and make decision on that.

This is of course very risky . But it is the risk that can bring good profits . So go ahead and invest in promising in your opinion coins.
A lot risky but can be worth it if you know how to play the market well to your advantage. One thing I have noticed is that with a new token or coin listed, the chances of being on the market with low volume is there and that makes it easy to take some of them with good project and hold while knowing that the risk is still there anyway. It is a risk that is going to always be worth it when the market recovers generally.
8480  Economy / Economics / Re: Why lot of countries do not allow to use Crpto? on: July 06, 2018, 07:27:58 AM
Lot of countries do not allow to use crypto currencies and they discourage using them. However as far as I feel, trading with crypto is not that harmful for the economy of the country. As an example, if a person has Eth and someone from another country needs to buy Eth, that buyer needs to pay the seller in terms of dollars. Then that seller needs to convert that Dollars to his native currency which means it creates a the demand for the native currency and increase the value of the currency. May be the government is unable to add a tax on such transactions but it is beneficial for the currency used in seller's country.
What do you think about that?
we cannot control how the government is going to accept bitcoin and other cryptocurrencies. i am just concerned by the government is focusing on regulating bitcoin when there are other issues that needs their attention.
Obviously, we cannot and same way they cannot control how we spend. Their control definitely will be limited to exchanges, but does that mean there is going to be a problem with spending. This is a global thing, and I simply do not need to have anything to do with the exchanges before I decide to spend, and when we start seeing real life usage, is when I believe it would kick them in the face the more as to all their bullshits not working.

No matter how hard they try to stop it, I do not see how they can win that fight unless all the countries all over the world wants to come together to make that a reality which I simply know it is impossible.
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