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Warning! Ranting ahead!
I am getting really pissed at the state of the markets. Despite positive news, the market is still pissing blood. Why?
Tons of videos on YouTube over and over again and again, hyping the crap out of this or that coin, anticipating something. But what for. The prices are not moving up when they should be.
What is the point of being excited when market is being manipulated by the most despicable creatures on the planet who see themselves above everyone else.
From my point of view it looks like TPTB saw people getting rich and becoming independent and they couldn't allow so many wealthy individuals in society so they came up with a plan to end this.
If you look at prices you can see how prices hardly change anymore. Heck most of the time Bitcoin prices remain at 0.00! in the hour! Why because they probably set up their bots to pump and dump their coins based on market movement to keep the price the same to prevent people from making money. This isn't so impossible to be true you know.
Just set up some bots and millions worth of money and when ever market provides a hint of an improvement dump it, and when even it going bad pump it. Keeping the prices relatively stable.
I mean why on Earth would anybody in their right mind sell, or setup their bots to sell when positive news is everywhere. It just doesn't make sense. It just an evil behavior that is all.
That is the market. When you join, you have to understand the rules of the game. crypto will not be valid when he knows it and will sideway if it does not have the new information value. |
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There are two types of investors. One is the big investors you may call whales.
Always looking for some chances to gain profits. They never stick to just one type of investment. They have different options and will switch to other option where they think will be getting more profit.
They invest in gold when the price of gold is assumed to rise. But will sell when they feel that the price has touched it's height and there is no gain in staying there anymore, When stocks are rising they will jump to stock market. They have also options of investment in land and buildings. So they may switch to any option of profit. Positive news attract them but they run away from the negative atmosphere.
There are some small investors they will enter the market hearing the big profits earned by their friends or relatives. Their entry time is also when positive news are everywhere. They invest in rising market. But if the price falls below their invested amount they mostly just will wait the price to recover to their investment level. They will not leave. But also will not invest anymore.
So we can say that positive news will add to investments and negative news will decrease any further inflow to the market.
But if the crypto is used as currency only not as investment only then we can except permanent or very long term investments.
I was also involved in crypto when the value was at its peak, at which point I was invited by friends to make promises of big profits that could be received. After nearly a year of joining, what I have is the experience and huge losses, friends are no longer involved. Even so, I still believe in the future of crypto even though it has many FUDs |
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Very few of us have seen first rise and nose-dive of bitcoin. Then came the tremendous growth report of bitcoin which forced the world to take bitcoin and alt-coin seriously. This tremendous growth soon started to get correctly. That is from 16000 USD to ~6200 USD correction has happened so far. As as of now the prices have remained stable about 6000 USD.
Do you think this the better time to go for bitcoin purchase spree again? As from the bitcoin price history bitcoin has shown tendency to spike periodically.
Considering the bitcoin novelty has worn off across the glob, Now there is sufficient awareness about the bitcoin and crypto. what could be the driving factors If yes then what could be the driving factors for the growth? As previous factors may be less significant this time.
After several btc adjustments, the price has stopped moving sideways and at 6000 level. The support zone at 6000 is very strong. You can buy in this area if you want to hodl or speculate well. Hope btc will have a bump this year. |
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A human need of survival extends to the growth of a family, of the certainty in achieving a prosperous life. Yet what's really the basis of being a poor? Talking about the significance of money comes along with how much a family earned daily, weekly, monthly or even a year. Constant with the changing society is the changes in the field of market factors such that increased in demand grows above rate.
Weighing on how little... is how little do we earned, how little we are as a whole, and how little the world could turn upside down in just a second. Economically, for someone to be called a poor isn't based upon the money itself, but the reality that a person experiences every day such that even how big you are if you're still trying to come forward just a little step is a lot difficult compared to the others is basically the poor one.
The basis of a poor person is his ability to earn a living and his living standard is very low. Income sources are not available to save and always maintain a low standard of living. Poor physical facilities. Some people do not even have a house to live in. |
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we know if a country experiences a natural disaster, the economy will be temporarily paralyzed. because of the many damaged road access and also damaged buildings which caused the economic collapse and of course that made the country's economy go down. my question is, does it have a big effect on crypto state? we know that there is no need for a way to go, and a wide place for incapacity. but when a disaster occurs, it is likely that the signal will be lost and difficult to access. and if the recovery process takes place long after the disaster, how is the condition of Kripro that might occur?
I will be very happy with your opinion
When a disaster occurs in a country or region, the area will be disconnected, affecting economic activity ... But for crypto it will not really affect the operation. Its action extends to all countries and territories. So if you keep you will not have to worry if a disaster occurs. |
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There are many news about Malta and the blockchain. It seems that the country is really making serious moves and preparing the a regulatory system to impulse the Blockchain. "Legislative action
On July 4, the Maltese parliament passed three bills to set a regulatory framework and drive innovation in blockchain-like technologies. The government hopes these laws will attract foreign financial tech companies to establish themselves in the country."These are some news related to the case: - Blockchain summit in November. Here.- Malta in CNN news: " Wants to become the Blockchain islands" - Bills passed here. And the interesting thing is that they are starting by providing full clarity, which could be done by any country, is just that most seem "to busy". Malta is a small country. It's as small as the crypto in the financial world. When looking from many angles will see how the growth of crypto will be how big. |
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The goal of technology was for everyone to have easier lives and work less. Well todays generations have it much tougher. They are working for much lower wages and longer hours. Its next to impossible for millenials to purchase a house on their own. Something here itsn't right, Capitalism?
Technology has to go with the development of a country. In developing countries, even if you do the same job, the salary is quite different. Difference depends on the development of that country. Progressive technology will entail the need for skilled labor. |
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Hello every body.I am a Newbie. I joined Crytopia about four months ago. I hold ont and dog Now I want to practice to trade .Please help me give some idea for Newbie as me, I should trade or not? I really want to receive the instruction of the go-ahead, thank a lots.  It depends on you are the holder or trader. If you are a holder, keep it for a while, go do other work and wait for it to bump. Trader deals to increase the amount and value of assets but will be more risky if you make mistakes |
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In Bulgaria, the first cryptobank will be installed. The local cryptobus, DG Cash, announced that the ATM will start on July 23 at a popular shopping center in the capital of Sofia.
The ATM will be a two-way ATM for the purchase and sale of digital currencies. Customers will be able to buy btc, eth, monero and ltc for Bulgarian lev, Euro and USD. They will also be able to exchange btc and ltc for the Bulgarian lion.
Very little good news about crypto at the moment. The number of searches for btc or other crypto is also decreasing recently. Maybe the trend of crypto is over and maybe it will come back in a few years as science and technology advances. |
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Few people are trying to claim ignorance. They trust that the Earth's assets are boundless and that a bean stalk can develop to the sky. Or on the other hand maybe they know somewhere down in their heart that we are making a course for an ecological and monetary fiasco, one that they think only they will get by through minds, gold, and firearms.
Others accept intensely that innovation will safeguard us out once more, that smart primates will dependably locate another apparatus that will enable us to separate always stuff from the planet.
Up until this point. Changes in horticulture, back, government, assembling and transportation kept pace with the populace development.
The advancement in technology improved economy from past many years but do you think it will grow forever or their will be reduction in resources?
A developing economy will involve a lot of things, minerals, money, food and other services such as health care, industry, etc. The population is increasing every day. Given the current situation, the collapse of the economy is unavoidable in the future when resources are exhausted, the worst that could happen is the war of resources exploding around the world. re-population. What happened in the past with two world wars. |
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I have been following bitcoins for the past 4 years. i am an Enginner. i remember how bitcoin was introduced to Me. To be honest, i was thruogh ponzi. i used to deposit over 0.1,0.4 to earn 0.7 to 0.9 bitcoins and i made a lot of Money. then, suddenly i decided to go for the killer jackpot and stack all my btc for once. i can remember clearly when a friend was advising me NEVER TO PUT ALL My eggs in one basket. i refused to listen and insist that it is only by strong will can one survived.
Unfortunately I LOST EVERYTHING. IT was my life saving. Both my earning and my interest.
To cut the story short. i borrow money form the friend that was advising me not to stake everything. i need to pay back. But i will never depart from my lesson learnt from the bitcoin stuff. i bought another bitcoins last year august and keep it away from anything. i strongly believed that i will still get my money and my friends money.
Thanks to the current Market, I HAVE TO SELL EVERTHING TO PAY MY DEPTHS.
NOW I AM FREEEE.
It is a release. Good for you. Try and find another opportunity for yourself. Never lose faith, life is not always difficult, it is just trying to challenge us before giving us something really big. |
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Due to the increased popularity of cryptocurrencies, there has been an increased number of scammers both in terms of ICOs and in social media. You would find "official" representatives that would "propose lucrative deals" in the name of the legit company. There is only one result as a consequence - you losing your assets. Thus, always keep in mind that real official channels of communications work. Also, if you see those posts in social media promising returns without a legit background (a.k.a. a full-blown platform) is a sure way to lose money. Creating bots on Facebook, Twitter, and Telegram is quite easy these days. Make sure not to repeat mistakes that others made before you https://www.cryptocointrade.com/Not to mention mining pools and app scams going on right now. Some of the Facebook groups that were excellent in terms of trading discussions now turned into scam marketing sites. The fraud I see is quite common. Even the leaders of so many big groups do the same thing. They hugged the members of the group and gave all the contacts. There is no law that protects people from fraud so it happens every day. |
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I think now fixed deposit interest rates are less than 5% p.a in USA and Europe. In India fixed deposit rates are 6.5%.
Gold and Silver gives average profit of 8% to 12% per year. Silver will most likely give 20% to 30% profit each year from here on to reach $60/ounce.
Example:
Profit for gold and silver for year 2016 is 12%.
Profit for gold and silver for year 2017 is 0%
Profit for gold and silver for year 2018 is 8%
Profit for gold and silver for year 2019 is 16%
So average profit for 4 years is +9%
How secured/safe are investments in gold and silver if you decide to remove/withdraw your money from banks fixed deposits and invest them in Gold and silver ??
Gold and silver are valuable assets and have a long history. Over many years, its value has only increased and can be said to be quite safe when used for hoarding. Banks are more dangerous when there are economic crises, the money savings will almost no longer. |
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How do you see this kind of market? Do you collect, or maybe "invest",...
At this time, investing is preferred. For you to be rich in cryptocurrency, you have to put your eyes when the price has gone down. Investing in such time is always profiting because price might have touched the buttom and getting ready to leave the bear mode. Buying when the price is down is correct. But leaving the bear market is hard. The whale pushed the alt coin in the bear market is frequently occurring. Do you think the coin you just left will increase when the whale enters |
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MANY goverrments use “sin taxes” to dissuade people from smoking and drinking alcohol. In recent years, some lawmakers have turned their cross-hairs to a different vice: sugar. Obesity is on the rise all across the world. Forty per cent of Americans today are obese, up from around 15% in 1980. Several countries, along with a handful of American cities, have introduced taxes on sugary drinks in recent years. Their governments hope that these levies will both raise revenues and reduce how much sugar people consume. But do sin taxes even work? Policymakers are right to think that sin taxes lead to lower consumption. The exact estimates vary from study to study, but economists have found that in general, a 1% increase in the price of tobacco or alcohol in America leads to a 0.5% decline in sales. In practical terms, this means that sales of tobacco and alcohol are more responsive overall to price changes than say, sales of many common household goods, such as coffee. Similarly, while it is still too early to determine whether these taxes will have any effect on obesity, studies have shown that they have at the very least reduced sales in Mexico, and the cities of Berkeley and Philadelphia. But if there is a problem with sin taxes, it is not that they are ineffective. Rather, it is that they are inefficient. Sin taxes are blunt policy instruments. People who only have the occasional drink are not taking on any great health risks, yet they are taxed no differently than serious alcoholics. A similar logic applies for sugar taxes. Tobacco presents a slightly different problem. Nicotine is highly addictive, meaning that there are relatively few people who smoke cigarettes only occasionally. It is easiest to justify taxes on particular goods when they present what economists call “negative externalities”. When a driver buys fuel for his car, both he and the petrol station benefit. Yet cars emit carbon dioxide in their wake, which suggests that it would be only fair for drivers to pay taxes to offset the environmental damage they cause. Some policymakers argue that people who engage in unhealthy habits also impose negative externalities, since they tend to present taxpayers with bigger medical bills. In practice, however, these costs tend to be overstated. While obese people probably do present net costs to governments, smokers tend to die earlier, meaning that they probably save governments money since they draw less from state pensions. Policymakers should still consider implementing sin taxes if they intend to intervene to change individuals’ behaviour. But they should be aware that the bulk of the damage that smokers, drinkers and the obese do is to themselves, and not to others. https://www.economist.com/the-economist-explains/2018/08/10/do-sin-taxes-workHere we have an interesting piece on "sin taxes". Being that bitcoin is the opposite of sin. Bitcoin being a virtuous and saintly thing for a coin of exchange. Perhaps a new tax bracket should be devised for bitcoin that is exceedingly low. Being that bitcoin and crypto can be utilized towards significant degrees of progress and innovation for the society we enjoy. Bitcoin could also function as a form of quasi welfare being that there is no minimum balance and this opens doors to unbanked and similar poor demographics having access to electronic payment despite not meeting banks minimum criteria. Should crypto be taxed @ exceedingly low rates due to it driving economic progress, creating value and providing critical utility to neglected demographics. All of which undoubtedly contributes towards ennobling man and benefiting society? Bitcoin is an anonymous coin. I do not think they can levy taxes if someone just keeps stocking up on exchange. They can only tax the exchange through someone's deal |
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I have been involved in so many arguments regarding unemployment and its causes. In some of the arguments, I realised that people generally attributes unemployment problem to the government. Some believe that the government should provide employment for every citizen. I personally don't think this is possible. While I am not attempting to defend any government for its failure to provide employment and basic amenities for her citizens, I also think some of the citizens too have not done enough to help their own situation.
You should know that there is hardly any government in the world that can provide job for all its citizens. It is only by entrepreneurship we can solve the problem of unemployment in any country. Whatever situation you find yourself, don't be perturbed. Try to identify your skills, examine your inner self, there is sure something you can do, a skill you can translate to business. It doesn't matter how little the business might be from the start, think of as little capital as possible, and then grow from there.
You have a role to play for yourself and your country.
Try to be a job creator and not a job seeker.
Think entrepreneurship today, think job creation, for it is the only way out.
p.s. Don't forget, the richest people in the world today are Entrepreneurs.
Not the only way. But entrepreneurs are the way out legalized. They easily prove income, I know there are many people make money through MMOs and it is difficult to prove their income. |
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Hodl is great, only for a short period, until the market goes down. And if you bought on growth, then you can generally forget about the profit.
Hodl is good if the market goes up gradually after every year. But it would be catastrophic if the market could not recover or dump for a long time and coin you hodl the price it would decrease every day. |
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Gold is a valuable precious metal, while Bitcoin is a digital coin. But the similarities between them are deep. Both are mined, one physically and the other digitally. But if we look closely at the history of gold, the Bitcoin follows the same pattern of behavior that we have seen in gold.
Prices rose in 1971, when President Richard Nixon announced that the US dollar would not be supported by gold when demand exceeded supply. A major development in March 2003 saw the first ever gold-traded gold trader from the Australian bourse, behind Deutsche Bank. This has caused gold to rise from about $ 20 to $ 30 an ounce to $ 600 an ounce, an increase of 300%.
Before the advent of the first gold trader, it was not easy to invest in gold. But it was easy to buy gold, but at that time, the cost of acquisition and storage was high. But with traded funds, this allowed gold to be owned without actually owning it. Similarly, if the bitcoin trading funds are approved, this may be an important news for developers. The acquisition may be approved by the ETFs as early as 16 August 2018, although nothing has been confirmed so far.
In the past when this happened to gold, we saw a huge increase in the price of gold by 300%. If this happens for developers, this will raise the price tag to $ 60,000, which is expected by some well-known investors. If the price of this form is raised to this level, this will give us a market value of $ 1.26 trillion. So we're looking at 940% returns based on the current price of $ 7,000. As for the yellow metal, it has an estimated market value of $ 8.7 trillion with all the gold extracted.
In the end, investment is not without risk, but if regulation becomes clearer, it may help protect its owners.
Not the same. Gold is a material, a precious metal and used to make expensive jewelry and a long history. The BTC has only been around for a few years, the value of btc is decided by everyone and is more of a currency-like thing than a storage medium like gold. |
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I see many people keep on trolling the bitcoin whenever it goes peak. Personally I assume the bitcoin for long time in all the aspects so I have strong faith on bitcoin and it will be reach the peak value again in the market. I expect the bitcoin to touch the 20k USD on this coming christmas. If you do not like the crypto currencies you may stay away but should not troll. IGNORE THE NEGATIVE POSTER AND SUPPORT BITCOIN. Support and stay strong with BITCOIN.  [/size] A lot of people and even my friends just watch btc as a bubble and always advise me to leave it. I really do not understand why people always think bad things about btc. Even those who enter the market are mostly speculators. They will sell the btc holes they hold when they see everyone panic sell. Really confusing? |
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Isn't Bitmex should ban? Aren't they are destroying the quality of the Cryptocurrencies.
Bitmex has an impact on the btc price but I think it's not really big. Need to look at the fact that currently in the bear market it is difficult for btc to bump. |
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