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8541  Bitcoin / Legal / Re: Bitcoin longevity on: August 08, 2018, 04:16:05 PM
I understand your point. You seems to be very passionate about bitcoin.

I personally think bitcoin has a higher tendencity to stay on the market and won't go off. Bitcoin is the grandpapa of all cryptos and hence have the ability to stay on the market and pave way for other cryptos, hence bitcoin is no match to other cryptos.

Right now bitcoin has dominated and has been dominating since its inception. But there's a possibility that a new coin will be born in the future to take the crown from bitcoin.

Every ground breaking projects attracts investors and promoters. Bitcoin as a ground breaking project will certainly be acceptable everywhere in the world. Since other countries wants to invent their own cryptos, there will certainly be fighters of bitcoin, nevertheless, bitcoin still remains the peak.

If you are on the top, there's always someone who wanted to pull you down and take that spot. ETH and Ripple (XRP) and Bitcoin Cash (BCH) have attempted but failed.

Bitcoin has already started proving people wrong. People never believed it will last for even a year when it came in 2009, but we are in 2018 and bitcoin is still popping higher. As the internet literacy rate in countries increases, and people gets to know more about internet trading and marketting, bitcoin will raise the economic status since there will be a lot of bitcoin millionaires in the system.

However, I don't think that bitcoin is the solution specially in 3rd world countries to alleviate their financial status. Becoming millionaires in bitcoin will take you time, but its not a get rich scheme. You need to be emotionally strong at this ecosystem. Patience, making the right decision is the key to success here. You don't expect to get rich without the risk and doing nothing.
8542  Bitcoin / Press / Re: [2018-08-08] US SEC Postpones Decision Regarding Bitcoin Exchange Traded Fund. on: August 08, 2018, 03:59:04 PM
dude, I woke up, I turned on my computer and entered the coinmarketcap and I had a big fright, I can not believe what I'm seeing, the price of bitcoin fell to  $6500, but that was already expected, what shocked me was that:

Ethereum: $375,37

NEO: $23,93

Lisk: $3,60

Litecoin: $66,71

What the hell do people have in their heads? if only because the SEC said it will not decide on August 10 and decided to postpone by September 30th and people are selling cryptos to the point of having a fall of more than 9%, this shows that this market is being manipulated and with this attitude the SEC can disapprove any ETF.


Exactly, I have a feeling that those who are selling doesn't understand a single thing about the decision. It was just a postponement, perhaps they needed time to review. I was also shocked when I woke up and checking the price at coinmarketcap and I scramble to see what's the reason behind this fall. I don't know about the altcoins though, the only logical conclusion is that their price has somewhat have a correlation with Bitcoin. Again, time to move on now, and look at the bright side, perfect opportunity if we see another bottom in the next couple of days.
8543  Bitcoin / Bitcoin Discussion / Re: Take advantage of bitcoin movements on: August 08, 2018, 03:48:17 PM
If we are still trading cryptos with the hope of btc reaching All time high now and carry alts along, it might not happen soon.
Don't get me wrong, The alt season will still show... But until then.. Adapt to the present situation and trade only what is stable.

I think its obvious, if you don't adapt with the current situation, eventually you will end up with nothing this year.

I used to be so hopeful for a bullish bitcoin.But now, whether it likes let it go up or down I don't care as long as I take advantage of the move, that will be alright by me... And that's what trading should be... No emotions or bias attached.

Everyone is very bullish about bitcoin. The problem is that those people who are very bullish are the first one to panic if there some sort of negative news pulling the price down. How ironic.

Now how do we make money off btc dump?
When btc dumps you simply buy ustd when btc begins pump you sell off ur ustd and hold btc. Repeat and rise

Use good TA and convenient time frames

Personally, I use 4h for this.

Not sure though about that method. I still thinks that bitcoin is not design to be pump-and-dump. USDT? Its just "artificial".
8544  Economy / Speculation / Re: Bitcoin on the LOW! on: August 08, 2018, 03:38:04 PM
The declined of the price has something to do with the delay/postponement of the SEC decision on the Bitcoin ETF. Just imagine what will be the impact it would bring if there is a rejection. And it looks like its creating a lot of panic, I really don't understand those people who will suddenly push the sell button. And I'm sure that the first one to panic are those people who are very bullish about bitcoin in the last couple of weeks. This is just another bump along the road, no need to panic guys.
8545  Other / Beginners & Help / Re: Question about token sell...?? on: August 07, 2018, 03:58:58 PM
Hello,
Most of the people join in bounty or airdrop and earn tokens. Even I also. But I don't know where I can sell that tokens with ICO price. Can anybody suggest me any site? Really I'm facing problems for this token sell.

As others have pointed out, there's no way for you to sell that tokens if its not listed on any exchange. I suggest you go back and follow that bounty thread and ask the managers or the devs. Probably we can help you out if you tell us what tokens it is. Regarding selling that token at ICO price? Unlikely to happen though, not unless that tokens pumps hard after its listing on a exchange. So don't put too much hope of getting the price within the ICO price so that you won't get disappointed at the end.
8546  Economy / Gambling discussion / Re: UFC 227: Dillashaw vs Garbrandt 2 Info and Prediction Thread on: August 07, 2018, 03:14:55 PM
Wtf was that?  I was expecting more from Garbrandt.  He was just a sitting duck out there.  It was almost like he just gave up at the last minute and just went with it win or lose.  He wasn't really there...

He did exactly the same mistake as he did against Dillashaw on the first fight... you could tell his emotions got him carried away when he didn't touch gloves. He wasn't thinking straight. He failed to capitalize on the damage he did to Dillasaw with a couple of good shots.

Exactly, the minute the bell rings, he is thinking of getting his revenge and try to knock out TJ. Unfortunately, TJ got the better of him again and I'm sure that he can't get over with that lose. But he needs to move on and continue, because he is still young. And TJ just closes the chapter and the rivalry.

I can't believe this guy slapped around none other than Dominic Cruz, he did great there, but he is just unable to deal with TJ. There will be no rematch anymore after two losses, it must suck as a fighter to know that you can't have another shot at the guy that beat you twice. It's a long steep road now for Garbrandt if he wants to be a main card fighter again.

Yeah, I re-watched that fight and I'm shock how Cody was in full control of his emotions and not pushing the fight. He even show us that the can play defense, however, none of them was evident on his 2 fight with TJ. And agree, might be a long road for him to go  on top again, but we hope he does because he is young and this lost might be a good lessons for him. (don't be too cocky).
8547  Economy / Marketplace / Re: Duo Security Analyzes the Working of Twitter Bots!! on: August 07, 2018, 03:02:48 PM
Quote
A case study detailing a large botnet of at least 15,000 bots spreading a cryptocurrency scam. By monitoring the botnet over time, we discover ways the bots evolve to evade detection.

Our cryptobot scam case study demonstrates that, after finding initial bots using the tools and techniques described in this paper, a thread can be followed that can result in the discovery and unraveling of an entire botnet. For this botnet, we use targeted social network analysis to reveal a unique three-tiered hierarchical structure.

https://duo.com/blog/dont-me-hunting-twitter-bots-at-scale

Damn, 15,000 bots spreading scams all over Twitter, this is just a tip of the iceberg, but I'm sure that once they bots are banned, others bots will born, much better and sophisticated and evolves that's makes it hard to identify. And this bots knows how to clone real crypto accounts that if you gullible enough, you might be persuaded by this bot and put money and before you knew, the scammers are gone taking everything along the way.
8548  Economy / Economics / Re: $500 Million Bitmain Data Center to Bring 400 Jobs to Texas Coal-Mining Town on: August 07, 2018, 02:35:25 PM
Bitmain has completed a $1 billion financing and is now valued at $15 billion! Bitmain is one of the most valuable blockchain companies in the world.
Bitmain is expected to be available this year with a market capitalization of $30 billion!

Weird. I never thought that Bitmain is a blockchain company. We all know that they produced bitcoin mining gear and designer of ASIC chips. Anyways, if it can bring jobs to the resident then I'm OK with that. I haven't heard any backlash yet, specially the power that they needed to generated for their mining operations. And how about taxes though? Are there any arrangement? Like tax reduction? It is means that they will continue to on their bitcoin's mining monopoly.
8549  Economy / Trading Discussion / Re: Is There Ever A Crypto Exchange With Room For Demo Account? on: August 07, 2018, 02:16:33 PM
(http://www.bitcointradingsites.net/features/demo-mode/) - Best Bitcoin Brokers With Demo Mode Trading

You guys are lucky because when I started my crypto trading journey, I was not aware that there's some demo account out there that you can used and not have to worry about losing real money  Grin. Anyways, you should treat it though as real money so that you can have the proper behaviour when you dig yourself on a real trading market. Goodluck.
8550  Bitcoin / Bitcoin Discussion / Re: Investors are moving forward fund on Bitcoin. on: August 07, 2018, 01:52:10 PM
Bulls, as of now aren't really doing anything after the SEC delayed their decision regarding the ETF until Aug. 10. Bitcoin lost momentum after bulls gave up a crucial support level @ $7500, and it seems that they're doing it on purpose since there's really not much incentive to do a push, knowing that almost everyone has banked their future positions and moves on the approval of the ETF. If it gets approved, pushes will be there together with the FOMO that is really what's moving the price to higher highs.

Exactly, the bulls are just waiting from the outside, but will eventually get in once we see some semblance of a break out run. Unfortunately, support level has been broken $7500 and now the price just hovers above $7000. Everyone is waiting for that Bitcoin ETF approval before pouring their cash on the market. It is only a few days before the actual decision is handled down, but a approval will mean another shake up on the market will happen, otherwise, the bears will continue to control on this market and we won't see signs of another all-time-high at the end of the year.
8551  Bitcoin / Press / Re: [2018-08-07] Bitcoin Speculators, Not Drug Dealers, Dominate Crypto Use Now on: August 07, 2018, 01:38:05 PM
I agree, criminals before has a lot of room to work using bitcoin but now different agencies find ways to track those criminals through blockchain analysis. And we all know that bitcoin is not really anonymous and criminals recognized this the hard way. Maybe some of them are still using crypto to hide their illegal activity, but sooner or later the full hands of the law will be knocking at their doors.
8552  Bitcoin / Project Development / Re: Finrazor – independent crypto market observer on: August 07, 2018, 01:03:38 PM
Looks like the text is too small, at least in my case. The left pane doesn't look professional in my opinion. And there's some weird shape at the top of the left pane with a number in it, is that your logo or something? I guess its still in a work-in-progress mode, and you can probably add more meaningful articles aggregate news around the web. Goodluck.
8553  Economy / Speculation / Re: Why we will see $50k Bitcoin end of year on: August 06, 2018, 03:59:20 PM
The last time the CBOE launched a Bitcoin financial tool, futures, we saw $20k. Recently rising Bitcoin dominance shows people betting on the latest CBOE tool, ETF, being approved.

Wrong. The rise to $20000 has nothing to do with the Bitcoin ETF application. When the first Winklevoss application was denied sometime Feb or Mar or last year, the price dip. The rise to $20000 was something to do with CBoE and CME offering bitcoin future contracts.

Bitcoin dominance is heading towards fifty percent by marketcap. What does this mean for the price and how should traders and investors view it? Marketcap is by far not the best metric to read dominance, but that doesn’t mean it can’t add value to your trading.

Latest Podcast Episode Discussing More Details

https://soundcloud.com/buy-or-sell-what-the-hell/does-bitcoin-dominance-matter-to-traders-35




You can check Bitcoin's historical snapshot (https://coinmarketcap.com/historical/) and you can see that even at the height of its peak, the dominance is around 48%. Personally, I just used CMC to see a glimpse of the price and simplified graph, and as a trader it doesn't add up any value, you might need to go to trading exchanges themselves to really see the current and overall sentiments of the traders.
8554  Economy / Economics / Re: Market freedom collapsing projects at exchanges. on: August 06, 2018, 03:46:02 PM
People are allowed to sell at any price of their choice at exchanges. This is collapsing some tokens value and has contributed to pump and dump.This do not reflect the actual values of some of the tokens.And investors make loses.Some investors buy cheap with huge bonuses at private sales so together with some hunters contribute to low prices at exchanges. The private sales buyers are one of the major dumpers because of the huge bonuses they get.So if there are limitations on the price at exchanges, it will help.

Why do think that it doesn't reflect the real value of the tokens? If that tokens has real usage, then it will take off no matter what the pump-and-dump groups do. But if they are shitcoins, then don't expect them to have value because sooner or later, without any development it will die a natural death. Limiting the price? LOL, that's one of the worst advise I have heard. Don't blame the bounty hunters, that's what they are good at, looking for bounties and they don't fucking care about the tokens, once it is listed, BOOM, sell everything convert to bitcoin/fiat and move on the next bounty. Rinse and Repeat.
8555  Economy / Speculation / Re: What is the Worst Case Scenario for Bitcoin? on: August 06, 2018, 03:33:45 PM
This is a known fact if the price goes up it will surely go down. What happens if the price of Bitcoin falls to $1000 in 2018, will this be considered as a Worst Case Scenario or something else?

If you are talking about worst case scenario regarding the price movement, of course it will be bloody to see the price falls to $1000.  But I'm sure that everyone will be happy to see bitcoin at that price, time to go bag holders again, accumulate bitcoin and hold. It will be history repeating itself again and now we become the new wave of early adopters. So technically, its possible, but I don't think that we can't bounce and see the price increased at a rapid phase once bitcoin plummeted to <$1000, IMHO.
8556  Other / Beginners & Help / Re: Token value not showing in MyEtherWallet / Ethplorer on: August 06, 2018, 02:31:27 PM
Have you tried Etherscan.io? https://etherscan.io/token/0x59d8c5a3e2d25a550e294d82dfb2a3128d324bbc It seems like the token exists there so it make sense to have its value shown.
No value there in my wallet for BBK.

Perhaps you need to manually add the tokens info in MEW, like Token Symbol, Contract and Decimal to actually see it reflected in your wallet. (https://kb.myetherwallet.com/send/adding-new-token-and-sending-custom-tokens.html)

Edit:
Quote
Brickblock announcement on the contract migration, https://blog.brickblock.io/post-mortem-multiple-bbk-payout-incident-fa4353b3b69d. The new token can be found here.

https://etherscan.io/token/0x59d8c5a3e2d25a550e294d82dfb2a3128d324bbc

Look at that announcement as well.
8557  Bitcoin / Press / Re: [2018-08-06]Don't Expect New Bitcoin Highs in 2018 on: August 06, 2018, 02:22:44 PM
I agree. You don't need to be a rocket scientist to understand that Bitcoin will not achieved any all-time-high this year. And I don't understand why people are making it too complicated. $7000 is still good and strong price IMHO. Perhaps newbie investors are still in the denial stage, and still very positive that we can make a run for it. If we ever goes for new all-time-high starting today, it will be a bubble, and we all know what happens if such bubble forms again. So realistically, its not possible but personally, I'm fine with the price going around $7000-$10000 at the end of year.
8558  Alternate cryptocurrencies / Altcoin Discussion / Re: Idea for an ICO rating Site? on: August 03, 2018, 03:45:39 PM
I think the most important thing that was left out there are the verification of the people that are running the ICO. A lot of these ICOs are just a front for a scam, so you will have to sort the good from the bad and verify that the project is legit.

Any investor wants the assurance that they are investing in a actual project and not some "paper" project that does not exist. This is why the SEC wants to regulate the ICO scene, to get rid of these "paper" projects.  Roll Eyes I want to put a real identity behind the photo that are posted on their website and I want to Skype with the project team to make sure my large investment is in safe hands.  Wink

There's also a problem with ICO's basically getting fake recommendations from either prominent people or companies.
I think that if you were to contact some of the people 'supporting' these ICO's through their LinkedIn, they would deny any affiliation.

I'm also very skeptical about the supposed qualifications some of these advisors have.

Yep, fake and even paid reviews. I guess the only solution, which is in our control, is to really do our homework and used our common used before investing on any ICO. You don't need to read reviews online or recommendations, but go the the website directly, read the Whitepaper if you have any doubts then ask questions. If you are not satisfied and the project looks scammy to you then I guess you have to move on and look for another project to invest.
8559  Economy / Economics / Re: Is it true that a whale moved 8k BTC? on: August 03, 2018, 02:45:13 PM
Hello,
I heard that there is a whale that moved 8k BTC to an exchange and that what caused the price to go down in addition of Stop-Losses being triggered.Is that true?What do you think? If it's true I consider it to be a big problem as we clearly see that whales manipulate the market easily which is harmful.

Maybe its true but many rumours in market that we dont have to believe. I think bitcoin price drop because SEC delay ETF approval on september and maybe investor selling their bitcoin. But its just rumours in market.
For me, I am better hold bitcoin as long term investment and i am believe bitcoin will reach $25k end this year

I firmly believed that the delay of the news has nothing to do with the recent price decline. Well, FOMO enter and the whales took advantage of the situation and obviously cashing out that started on the 31th of July. But if you are a long term holder, you don't have to worry with this sort of manipulation, because sooner or later no amount of manipulation can stop investors pouring cash on the market again, we have witnessed this before. Perhaps this is just a price correlation because the price suddenly spike from the last bottom and then went past $8000 in about a week or so, now traders are simply cashing it out to make profits.
8560  Economy / Speculation / Re: Has bitcoin price ever been down till this time of the year before? on: August 03, 2018, 02:33:57 PM
Just when the price of bitcoin starts going up and you start getting your hopes up, the next thing you know, it starts going down again.

I think you are still in the denial stage. Bitcoin is very volatile so don't get excited when you see the price going up. Its only based on pure speculation and everyone has its own plan how to make money here and usually when people thinks is started a breakout run, bitcoin do the opposite.

Sometimes it goes down at a lower rate than it was rising. It's been up and down like this since the year began. Has it ever been down till this time of the year? I was expecting it to rise by the second half of the year but it seems not to be the case.

2018 is different though, and I'm sure you are comparing it with the massive bull run of last year. I suggest you look at your investment for long term, and be ready if ever this bear market resumes till the end of the year. Don't expect too high so that you won't get disappointed at the end.
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