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821  Bitcoin / Bitcoin Discussion / Re: BItcoin: The path to $10,000,000 ten million dollars per coin on: December 05, 2019, 01:17:54 PM

$10,000,000 is ridiculous. How did you come up with that number?

$10,000,000 per coin means a total supply of $210 trillion. The base money of all the world's currencies plus the value of all the gold in the world doesn't even come close. So, even if Bitcoin replaces all the money and all the gold, it won't be worth $10,000,000 per coin.

It is quite exaggerated, now we are at a price point where it is very crucial to make a decision, but it is quite beneficial for us to stay positive despite of the market condition. It might not be achievable may we should already be thankful that the all time lows of bitcoin is the one that is increasing. Forget the ATH because we need consistent market price increase each year rather than experience a huge bullish moment where we aren't prepared or in another case, we don't have enough investment.
It is really ridiculous, for me it is not possible even the mass adoption occurred. $10,000,000 per each, WTF! Even $1,000,000 per each for me is impossible. It is really exaggerated and for me it is not even realistic. Do not invest in bitcoin if you think that this price will be achieved, you will only lose your time and effort. Be realistic in your target profit for you to have good trading plan.
822  Other / Beginners & Help / Re: do you think most people reads on the forum?? on: December 05, 2019, 12:14:36 PM
There are people who are in these forum who have goals to learn but there are also member of this forum have goal to earn profit and it is by joining in bounty and signature campaign. I'm here because of both, I know this forum is the foundation of all learnings about cryptocurrency and I meed to read different posts here. I'm also here to increase the bitcoin that I posses.
823  Local / Pilipinas / Re: Bitcoin price movement tracking & discussion on: December 05, 2019, 09:10:34 AM

Nag bounce ang price ng bitcoin sa resistance 1 at eto ay $7800. Makikita na ang price ay nag swing low nanaman pero may posibilidad na mag bounce eto sa support 1 na kung saan sa $6800. Ang presyo ng bitcoin ay nahihirapan umangat sa resistance 1 nak ung saan ang presyo ay $7800. Sa area na yan madami ang sellers pero kung nalagpasan ng bitcoin ang presyo na yan may market reversal na mangyayari.
Pag nag bounce yung pruce sa support ibig sabihin madaming buyers ang naka abang. Pag nag karoon ng confirmations bibili din ako sa area na yan. Yung chart ngayon ng bitcoin maganda sa range trade. Madaming opportunities kung saan pwede ka kumita ng malaki sa simpleng pag bili sa support are at pag benta sa area ng resistance.
824  Economy / Economics / Re: The future of banking industry in blockchain on: December 05, 2019, 07:20:46 AM
I have read a lot of articles about banks and countries that are planning to create their own cryptocurrencies. The People's Bank Of China announced that they will soon be releasing their own cryptocurrency anytime soon, and I have also read about a bank in the US that has created their own cryptocurrency that is yet to be released.

One thing I have noticed is that these cryptocurrencies are not being created as a replacement to the fiat system, rather they are going to be another version that will serve as cryptocurrency and to make transactions faster. So, if you have these cryptocurrencies it's just like buying and holding a stable coin. It is still a good plan, as it will replace the boring system they are using now.
Crypto currencies cannot be ignored anymore. With every passing day, they are becoming more and more famous, specially bitcoin. It has become the hottest topic of this century. Governments and banks cannot ignore it anymore as they used to in the past. Not only banks, but all existing systems should use blockchain technology to bring improvements in them. Fiat will be wiped out automatically with time.
The implementation of blockchain technology into their system seem will not do anything to the already existing fiat quite the opposite they will benefit from the use of blockchain and the fiat will get benefit aswell. the bank are not trying to replace fiat with anything crypto related they just want to make their company runs efficiently so hoping fiat to dissapear is just a wishful thinking.

Fiat will be part of our life as of the moment, I can't even imagine yet having a life with cash less society as we all know that cryptos has been there as an alternative way to make payments and as a form of investments. Future means, few decades and not years, as what we need for now is fully masses adoption as there's still very few percentage of people who's into crypto.
There will be huge effect in our economy if the fiat will be remove. The mass adoption will occur but people will still use fiat money as a mode of payment. Many more industries and institutions are keep adapting blockchain technology because of its important function. It will have a great role in our economy and society in the near future.
825  Alternate cryptocurrencies / Altcoin Discussion / Re: IEO is going to be slower ? on: December 04, 2019, 12:29:06 PM
The popularity of IEOs will end also like the ICOs. There will be a new trend will emerge but there is a study that saying people are still patronizing IEOs. IEOs are good investment but there is a high risks and there are a lot of factors that should be considering before investing. Study the project very well before you out your money in IEOs.
826  Bitcoin / Bitcoin Discussion / Re: Bitcoin investment on: December 04, 2019, 11:27:35 AM
Its a difficult advice to anyone in this forum and the forum almost have an anthem to invest only what you can afford to lose. Invariably a high number of members had invest their fortune in bitcoin at their own risk, and they have made a big return. Whereas some members loss, its just a difficult advice, take all decision with wisdom here at you own risk
It's okay to ask for advice on what you will do to people or friends that you really can trust. because although it is true what you say that the risk will later be determined by yourself. in bitcoin investment, of course you have to be accustomed to understanding that there will be risks, it may be profitable or you can lose money. this risk we must realize first, so you can be more observant in analyzing bitcoin so it does not have to sink.
Find a mentor where his/her lessons are suitable for your skills. Be aware that there ade fake gurus and teacher in the internet so be careful who would you trust. I have a good mentor where he taught me about risks management and also technical analysis. In bitcoin investment, you should not just put your money; you should have plan in order to have good results.
827  Economy / Economics / Re: Trading on: December 04, 2019, 09:23:04 AM
Can i ask some advice from trading experts here, How could i trade safely and assure possible profit from my investments?
just pick safe coins and not set the goal too high because setting the goal too high not gonna make you rich soon, it just make the risk becomes higher and it's not a good choice for both of you and your money, doing everything in the slower order would be a great choice for safer trading

For now safe coins are not easy to find, even you have a knowledge in crypto and also hardest to newbies. you really take any loosest at all time if you want to trade. risk all you got and take a huge benefit if you succeed. so now in trading just gain everything what is needed and learn to improve what you learn and don't rush immediately.
There are no safe coins, there are always risks in every investment and we should be aware of that. That's why we need to learn risk management at first place in order to minimize our losses. You cannot succeed in trading if you do not have good risk and management. You cannot learn trading in just one day, it takes months or even years.
828  Alternate cryptocurrencies / Altcoin Discussion / Re: Getting scammed on: December 04, 2019, 07:25:46 AM
I got scammed by this project called temtum. Signed up for their bounty months ago, posting for their campaign, filling up 2 kyc forms and pushing for its deadline, and now they are telling me i didnt pass it. It is not only me who encountered this. Hello Richard Dennis.
Hmm…These people really finished you Shocked Shocked wait, you filled two KYC forms and they just stole your information and also made you work for months without payment, wow. You have to be careful with what projects you work for , there are lots of scammers everywhere, choose your projects carefully. There is really nothing you can do about this and there is no way you can get them to pay and neither can anyone of us here.

The best you can do is to report them and their manager, that way they will be flagged by the community members as scammers and people will avoid them in future. That's the only thing you can do, but as for getting them to pay you? I don't think anyone can do that. Try to be more careful next time, the worst part is that you even gave them your information
It is your own fault if you been scammed, you filled up KYC without any consideration. There are now risks in participating in KYC and that's why I'm staying with it, there are now people who are collecting information of others and it is the reason why we should avoid participating in projects that needs our identification.
829  Other / Beginners & Help / Re: Available courses on Bitcoin and Blockchain Technology from colleges and Univers on: December 04, 2019, 04:33:32 AM
The government should focus on the teaching about financial literacy specially in high school and college. They should also offer courses about blockchain technology and cryptocurrency because it is our future mode of payment. Students should now be aware to what it is and its function for them to easily adapt it.
830  Alternate cryptocurrencies / Altcoin Discussion / Re: Useless altcoins must remove from the whole crypto market on: December 03, 2019, 02:28:38 PM
They just create some kind of hype once or twice in a month or week and make their profit with fake exchanges and forget about it, I am talking about the developers of those kind of altcoins which are not performing and these are totally waste for crypto market and also creating confusion for new people who are entering in crypto world so what's your opinions. Useless altcoins must be remove from crypto market if it happens then it would be great and very beneficial for crypto world.
You are correct.I value your opinion. Due to the poor quality project many people and organizations are losing their capital. Because of that, a bad idea is being made towards the market. In the minds of ordinary people.
Useless Altcoins or "shitcoins" must be really remove in the market because it doesn't have any good value at all, that is why holding this kind of coin in a long term is useless because you won't get any good profit from it that you are waiting for nothing. So if you are holding shitcoin in your wallet, I think you should better move it in an altcoin that is profitable for you not to waste any time and money.
At first place, why you will buy a shitcoins? it called shit because there is no value at all. People should always remember this specially the newbies, do not buy a altcoin that does have low volume and market capitalization because there is no demand in the market. There are no people who willing to buy that coin so stop accumulating shitcoins.
831  Economy / Trading Discussion / Re: Altcoins or Bitcoin? on: December 03, 2019, 01:05:47 PM
Allocation of your funds are always important to consider. It is better if you will divide your capital in to 4 parts or 25%. For example the 25% is in the bitcoin, the other 75% is in the top 3 altcoins that have high capitalization and have high volume. Do not buy shitcoins or altcoins that have no volume because for sure it can be a dead coin soon.
832  Economy / Trading Discussion / Re: I am not lucky in trading - what am I doing wrong? on: December 03, 2019, 11:35:50 AM
In my honest opinion, there is no luck in trading. If you are not feeling lucky then there is something wrong with you. The wrong in you is you expect to be lucky in trading where trading does not work in that way. Trading requires skills and patience so a particular trader can battle with the other trader in the market and wins and take home the money. Change your mindset.
The reason why you cannot win in trading is because your idea and your mindset. Do you think luck will help you? Of course no. Your decisions are not good because you are just trading with your luck. You will keep losing in trading if you do not have plan and risk management where you are do not how to cut loss.
833  Local / Others (Pilipinas) / Re: Pera sa Internet, Tara usap tayo! on: December 03, 2019, 05:14:00 AM
Mining is already dead here in the Philippines and probably karamihan sa may mga miners set ngayon, binenta na nila. Bakit? kasi hindi na allowed ang GPU mining in crypto so it'll be a waste kung for them to continue dahil wala ng pang puhunan. Bagsak presyo na rin ang mga GPU kaya imposibleng makabili ng ASICs na ginagamit sa pag-mining.

Kahit noon pa man kabayan need ng decent funds para lang makapagmina ng maayos dito sa Pinas so simula pa lang considered mining is dead na talaga pag dito sa Pinas gawin unless may nagstart nung early year ni bitcoin.

2017 nagmahal pa iyong mga graphic cards thinking ganun lang kadali mag-mine ng bitcoin kaya iyong iba napabili. Di nila alam kahit milyonaryo hirap na kumita sa mining sa kasalukuyang difficulty. Kamusta ang price ng mga graphic cards nyan ngayon abot kaya na. Cheesy Nadala sa hype ayun lugi.
Noon kasi may ka kilala din ako nag mining pero hindi rin siya nag tagal at binenta nalang niya mga gamit niya sa pag mining. Alam naman natin siguro kung anu ang rason, Isa doon ay yung bayarin sa kuryente at sobrang init pa dito sa ating bansa.

Mahal talaga yung mga gamit sa pag mining na sinasabi mo brad pero naka depende kung gusto talaga nila mag mining. Di ko pa naman nasubukan mag mining pero tanong ko sa sarili ko baka di ko kaya mag mining.
Mahal ang capital na kailangan para makapag simula ng mining. Mahal ang konsumo ng mga cooling system kaya marami din ang naluluge sa pag mimining. Pero may mga advantages namin ang mining, pwede ka mag karoon dito ng passive income through mining. Sa katunayan, swerte ang mga unang pinoy na nag mining before kasi naka ipon sila ng maraming bitcoin at ngayon may mataas na itong halaga.
834  Bitcoin / Bitcoin Discussion / Re: Preparing for a recession... Gold or Bitcoin? on: December 03, 2019, 03:46:11 AM
If the financial crisis come, it is better to invest in gold than bitcoins. Maybe the value of the bitcoin will also crash when the recession comes so it is better to buy gold. We are aware to the value of the gold that keep increasing, so it is a good assets that we may buy. We can avoid the recession if we will invest in this kind of assets that are not depreciating.
835  Economy / Economics / Re: bitcoin goes down, no new rich people anymore on: December 02, 2019, 02:16:02 PM
People are keep ranting and worrying about the price of the bitcoin, they doing that because they stuck their where their portfolio are negative. They did not cut loss their positions and it is the reason why they still hoping for pump. Most of them do averaging down and for me it is not good strategy.
836  Economy / Economics / Re: what makes us good investors. on: December 02, 2019, 01:00:14 PM
I think our emotion makes us a good trader too because if we have control of the emotion, some moves that we see with candlestick spikes won't scare us to exit the market  Grin

Emotion too breeds patience. For us to be a good trader, we need to be super patient.
I totally agree with this. I used to have a lot of trouble controlling my emotions when trading financially. It's quite difficult for me and I don't know what to do now. Recently, I have continuously suffered losses in many awake and subjective transactions. Is there any way we can fix it? Read more books or should we meditate?
Note: I have read quite a lot of books about trading advice but I have not done it. Should I find a teacher?
We can fix it, trading psychology is important and many traders are having a hard time to control their emotions. They keep losing because they do not have discpline and greed is controlling them. There are books that can help your mentality to changed and it can improve your decision making skills.
837  Alternate cryptocurrencies / Altcoin Discussion / Re: What is happening to new projects? on: December 02, 2019, 11:58:29 AM
Do you know why most of the projects nowadays are failing? It is because of the greed of the developers, they focusing in profit and not the development of their project. I also having tough time on finding a good investment nowadays and I allocate more of time in researching for me to ensure that my capital will be safe.
838  Other / Beginners & Help / Re: Don't put your full trust on exchanges regarding scam projects. on: December 02, 2019, 06:13:08 AM
True, I have seen some of the projects with intense website with proper roadmap and big MNC's as their partner and they do even mention that they will be listed in one of the big exchanges but eventually everything turnout to be a hoax and a project names Athero is the best example about it as they were so promising and said they were is talks with big exchanges and dumped it on mercatox.
It's how the scammers fool people about their projects. At first, you'll think that it's looks very legit but deep down inside of the owner's mind is to fool people and scam their money. It's not only the fake projects have problems about their project but also projects that can't survive in the long run.
Researching about the project is really important to avoid scam. Many people are not considering it and that is the reason why people are got scammed. If you have information about the project then you can identify the project if it is scam or not. People are controlling by their greed and they easily believe to the scammers.
839  Local / Others (Pilipinas) / Re: [DISCUSSION] What have you learned on BITCOINTALK FORUM? Share Your Experiences. on: December 01, 2019, 01:06:18 PM
Sa katunayan dito ako natutong mag sugal pati mag trade ng cryptocurrencies. Pero sa pag susugal itinuturing ko lang naman yun isang entertainment at hinde isang source of income. Ang pag tratrade ay naging fashion ko dahil sa forum na ito at sa katunayan hinde lang cryptocurrencies ang tinatrade ko pati na rin forex at stocks.
840  Economy / Trading Discussion / Re: So traders, how much You lose? on: December 01, 2019, 10:27:19 AM
I have good risk management and that's why I only lose small amount of money. I using 2 types of cut loss. First is the percentage stop where if the coin that I have drops -5% I will automatically sell it. The second one is the daily close. If the price close lower than the previous day then I will cut my positions.
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