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1  Economy / Trading Discussion / Re: How to read trading charts? on: January 08, 2020, 05:49:42 PM
Have a nice day!  I know that most of here are all traders if you don't mind can i ask a little questions here because i am curious about trading. How did you do that? How do you read charts because i am still exploring and i don't know how read a charts anybody can help me with this? What is the best way to learn reading charts in an easiest way.
There is no easy way to understand and read the charts. You need to have previous knowledge about understanding graphs. There are various strategies and patterns which makes it easy to understand graph. Graphs move in a specific way and once you understand the way, you can easily get to know how they really work. Usually we see graphs in candle patterns, you can apply few strategies to that pattern which will then help you explain the chart more deeply.
2  Economy / Speculation / Re: Is it worth analyzing Bitcoin price chart? Well... Bitcoin will increase on: January 08, 2020, 05:15:00 PM

Yeah. As i said in the subject, is it really worth it?

I mean is it really worth learning how to read its chart?

Btw, What is insurance trading on Bispex exchange? It sounds complicated and quite new concept applied to exchange.
Yes, it is worth analyzing bitcoin price chart as it gives you the idea of the rate of bitcoin of earlier years so that you can get an idea of the rate of bitcoin in forthcoming year. If you're new to cryptocurrencies its essential you go through this bitcoin price chart.
3  Bitcoin / Bitcoin Discussion / Re: What Do Women Want? More Educational Materials Before Investing in Bitcoin on: January 08, 2020, 01:35:08 PM
There would be more women investing in bitcoin if they had more educational materials to help them, a new report found. Find there https://www.coindesk.com/what-do-women-want-more-educational-materials-before-investing-in-bitcoin
It's not about what women wants and what men wants. Any women/men can google in case of any query. As of now we can see women also investing in cryptocurrencies. Men take risks more oftenly, but women will also groom gradually. So its not the thing that women needs educational materials, both the genders are equally smart.
4  Bitcoin / Bitcoin Discussion / Re: They want your Bticoin. Don't fall for this new scam, it's too real on: January 08, 2020, 01:18:56 PM
The rate of desperation in the cryptocurrency industry is really hitting the roof.

 I decided to take this medium to enlighten users to protect themselves and their assets against a new scam in town.

 A guy by name "Allen Stanley" messaged me on telegram.
 He said he wants us to make money together.
 I told him to go on, he said he works with Betxloot.com,a crypto betting site.

 He said he could make anyone he likes to win the bet, that he can proof it if I want, but I had to create an account on the above site and bet with at least $70.

He said he would have done it himself, but the team already knew him and his wallet address, so he wanted to make another person win and share in the winning 50/50.

 I told him I didn't have such money, so he insulted me, after which I told him to bring the $70 for the betting, then he will take 60% if he makes me win.

 He told me to give him my username on the site, which I did, immediately he sent $70 to my dashboard.
 He told me to place a bet, which I did, when the bet which lasts about 2mins was up, he made me a winner.

 I won $4998, he dropped his btc address and told me to withdraw and then send his 50%, to me it was too good to be true.

So I attempted to withdraw to my btc wallet, and a message popped up, it read "because it's a new account, your assets are frozen, you will have to deposit about $100 - $170 to unfreeze your account.

When I showed him a screenshot, he pretended as though it was random, he started persuading me to deposit $100 to unfreeze the account,so I could withdraw the huge sum I had won.

 I believe by now you too have come to understand that it is a scam site, Allen Stanley is working to get people deposit $100 to get a winning that is not real.

 Even other members of the platform were chatting of a game that doesn't exist, making it seem like a normal activity, which we already know they are all part of this scam group.

Please do not fall for this new scam betxloot.com, they might want to entice you with huge winnings, but a they want us your btc, don't give in.
Scammers are everywhere, so let's not get into that. You'll receive messages where they'll(scammers) will look for your profit which is never the case. So let's not get into the discussion from the beginning itself. You are here to earn profits for yourself, and there will be no one looking for your profits. So don't get fooled by any of the scam messages.
5  Bitcoin / Bitcoin Discussion / Re: Bitcoin is the future ?? on: January 08, 2020, 12:39:42 PM
This year; ieo unfolded.

It was supposed to surpass ico and be a better crowdfunding method; but it has gone cold faster than ico did.

If you compare Your experiences too; between altcoin and bitcoin; you would notice that

1. Altcoins are so many; that they replace one another.
If an old altcoin dies
New altcoins will replace them and old one will be forgotten... It goes on and on

2. Bitcoin has maintained its class and importance;

Is it that bitcoin is the only hope for the future ??
Bitcoin being the first cryptocurrency, I think it will always be a future of cryptocurrencies. As old altcoins will be replaced by new altcoins and the chain will continue by replacing old with new and forgetting the old ones. Bitcoin is rapidly increasing and so it'll always have its own class and importance. As simple as bitcoin do not have anything to get replaced with so it can be considered as a great future.
6  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin fail if Satoshi is found? on: January 08, 2020, 11:43:19 AM
It's now 10 years since Bitcoin was created, yet many people are wondering who Satoshi Nakamoto might be. It's still today, where the creator of Bitcoin has hidden his/her identity well from the general public. All attempts in finding who created the world's most popular cryptocurrency have failed so far. But we all know that there's no such thing as 100% anonymity. A slight error in covering tracks, could expose your identity within the mainstream world.

Now, imagine if the real Satoshi's identity is found. If he/she is still alive, governments would be on his/her tail to put him/her in jail or even pay a hefty sum of taxes. Once this happens, Bitcoin might fail within the mainstream world. Of course, the community is what makes Bitcoin great. But I'm sure that the reveal of Satoshi's identity will have an influence (either positive or negative) over the cryptocurrency's price and reputation worldwide.

What are the odds of Bitcoin's survival once Satoshi is found? Will it continue to operate as is? Or will it fail in the long run? Huh
Why don't we take it in a positive way? According to me even if satoshi is found, there won't be any impact on cryptocurrencies, crypto has went this vast. Cryptocurrencies being decentralized there's no one to control the crypto nor its creator. It's impossible to find the true identity of the crypto creator. Cryptocurrencies are spreading to that extend that we could'nt even think. Crypto users are increasing to that level we could've never imagine.
7  Bitcoin / Bitcoin Discussion / Re: The reason behind creating Bitcoin. on: January 08, 2020, 11:11:22 AM
In 2008, there was a huge economic catastrophe in the world. Some banks conspired and deliberately caused this economic disaster. This is why many people were financially disadvantaged and lost their trust in the bank. I think Satoshi made bitcoin to save people from this disaster. That is, Satoshi has created a currency where there is no third party. There will be no central bank. No one can control it. Customer to customer transactions can be done. While Bitcoin has no controller, no one will be able to intentionally disrupt its finances. Bitcoin introduced a new horizon to the world's economy and freed people from this economic catastrophe.

So I think this is why Bitcoin was created. Is that the only reason? Or are there more reasons? What is your opinion?
Satoshi felt the need to invent cryptocurrencies, like any disaster won't affect cryptocurrencies, the give and take of bitcoins will be continued. People started believing in cryptocurrencies as there's no third party involved where people can actually rely on. There's no master-slave connection in crypotocurrencies, so people don't have to wait for something to come from master. They can directly have an end to end connection.
8  Economy / Economics / Re: What if crypto vanishes? on: January 07, 2020, 05:33:24 PM
What will happen if crypto vanishes overnight or due to some or the other reason if crypto becomes inaccessible to public? I know this does not make sense as crypto will not vanish but still what if it happens? What about those huge chunk of investments made by whales and other investors?
Thinking rationally, it is not possible but yet let's assume it happens. There is no way we could avoid it if it happens anyways because cryptocurrencies being decentralized gives us no way to track those and also there is no centralized party authorized behind the cryptocurrencies. The movement cryptocurrencies vanishes, each big whale would loose every single penny which would never be returned. This is always a risk being with cryptocurrencies but we, who trust cryptocurrencies know if would never happen because cryptocurrencies have already taken huge space on the internet and also a lot of major firms have adopted bitcoins and cryptocurrencies.
9  Economy / Speculation / Re: Now that we touched $8,000, what's next? on: January 07, 2020, 12:47:32 PM
Bitcoin is having a small run, we just touched at $8000 as per Binance record, its 24 hours high is $8000.

https://www.binance.com/en/trade/BTC_USDT

What do you guys think that will happen next? is this the bull run we are long waiting?
Bitcoin is a volatile currency. Price can hike as well as dump to any extend. We can't predict what can happen next but each time whenever bitcoins go on peak, they also dump the same so perhaps bitcoins might touch $7500 again and then it might start growing again. We might be entering bull run as 8000 was a target and once it is reached most of the whales are now waiting for the next target to reach. Once bitcoin hits next target, price can be hiked more. But we can't predict the bull runs until and unless bitcoins crosses atleast $10k which seems a bit difficult at the current situation. Let's hope that the price remains constant and crosses $9k soon so that we can then expect the bull markets.
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