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281  Economy / Economics / Re: Which currency will dominate the crypto market? Please vote! on: September 05, 2020, 02:02:01 PM
However, concerning the crypto market, bitcoin still remains the first gone and will continue to dominate. Consider the price difference between bitcoin, the leading cryptocurrency and Ethereum, the second crypto. The huge price difference shows how  much ethereum still have to go.
If by price difference you mean the cost per coin I think that is comparing apples to oranges.  Bitcoin has the 21M cap with only 400 coins getting minted a day. Ethereum already had 111.5 M in circulation by July this year and minting a LOT more than 400/day. Still Ethereum is providing some very interesting capabilities that bitcoin doesn't like its smart contracts.  Time will tell, but I am long on both  Cool
I also believe that Ethereum has the greatest advantage among all cryptocurrencies, even over bitcoin, which is to provide the ability to create smart smart contracts. But today the situation is very difficult, especially considering the high prices for gas. A few days ago, I was conducting a transaction that cost me $ 11. This is unheard of, especially considering the fact that you had to transfer coins that cost half the price of the transaction. Cry
282  Economy / Economics / Re: PornHub now accepts Bitcoin and Litecoin (News coincides with BTC decline?) on: September 05, 2020, 01:41:22 PM
Will this affect the status of cryptocurrencies as a marginal sphere? Think about it-there used to be a General opinion that cryptocurrencies are only needed for black markets. Now what? "PornHub supports payment in BTC" - if I didn't understand this, I would be even more convinced that the crypto world is some kind of marginality and nothing more.
Not very good news as for me which does more reputational harm than good.
Of course, I understand your indignation, but nevertheless, many cryptocurrency users invest in projects that preserve their anonymity and confidentiality. Of course, one of the most important reasons for such investments is freedom and independence, which will not be violated by the state and various state structures. The same situation, in my opinion, is developing with users who want to remain anonymous when using Pornhub content and therefore pay for viewing the content not with credit cards, but with cryptocurrencies, which will make it possible to visit the resource incognito.
283  Economy / Speculation / Re: Why Bitcoin price are decreasing? on: September 04, 2020, 04:56:29 PM
I am thinking why Bitcoin price are going down? Is Bitcoin Bull run is finished? I want to buy Bitcoin, so is it the right time to buy Bitcoin or I will wait for a while.
Yes. It is the right time to buy. Can you think of it that you are looking to the discounted price of bitcoin as you purchase?

From $12,000 to $10,500. There is no need to hesitate but start buying before it rises again.
Honestly, I don't see any bull run with bitcoin because it just a usual pump with bitcoin and as expected correction will happen. Yes, the best thing to do right now is to buy more especially if you still have spare money to invest for because bitcoin will continue to challenge the resistance level and bitcoin will make it soon. Stop panicking every time bitcoin goes down again, know what to do and act accordingly so you wont miss the buying level.
I suppose nothing unexpected happens. Only those who have expected a very quick and large return on their investments panic. We are still on the road to our high achievements and expectations, and this period will see sharp price fluctuations, as has happened before, even up to the all-time high of 2017.
284  Economy / Speculation / Re: Bounce Back is coming? on: September 04, 2020, 04:34:26 PM
not for now, we will see BTC in the range of 9000, maybe it will be deeper if the next resistance can be broken.
I'm sure people will think that too because right now the market is in a deep downturn.

I simply don't see that low, that's my thoughts. Bitcoin is in a downtrend again but this is not first time. Historically BTC experienced some sharp corrections during the bull market but always recovered fairly quickly from them to push much higher.
I completely agree with your opinion, since the historical indicators after the halving of 2012 and 2016, the Bitcoin exchange rate has always undergone a very sharp correction and I believe that the current period is no exception. I believe we should still be targeting the Ethereum 2.0 update for the ETH price, as well as the 2020 halving for the Bitcoin prospects.
285  Economy / Speculation / Re: sell now or you WILL regret it on: September 04, 2020, 04:12:04 PM
We are moments away from catering below 11k and she's only going to speed up on the way down.
Seriously guys it's time to take profit
The right time to take profit is when bitcoin price touched $12.000, because now I think that is not an idea to sell them. I always remember that when bitcoin fall a lot then there will be many people who bought it at the lower price so I think this is the best time to buy bitcoin.

Bitcoin price always move, there is no time when bitcoin just stuck in the certain time. Yeah, I know bitcoin was dumped just in two days but it doesn't mean there will another dump coming back again, there is no one who will know it.
I believe that many Bitcoin and Ethereum owners regret at this very moment, when prices fell by almost 20%, because they did not sell Bitcoin for $ 12,000, and a few days ago Ethereum for $ 470. As a short term, it would be really very good. But today I agree that the decline in prices is not yet a reason to sell, since we do not yet know the real reasons for such a sharp decline in prices in such a short period.
286  Economy / Trading Discussion / Re: What I think will be the top cryptocurrencies in 2021 on: September 03, 2020, 02:49:42 PM
The fact is that on the eve of the bull run in the cryptocurrency market, which everyone expects not only next year, but also until the end of 2020, I would not want to risk for the sake of altcoins and therefore I am trying to focus on the most rated cryptocurrencies, which are also said by others. participants in the discussion. One way or another, we expect the Ethereum 2.0 update, as well as the real consequences from scalping 2020, which should greatly affect the price of Bitcoin and Ethereum coins.
287  Economy / Trading Discussion / Re: What went wrong here? on: September 03, 2020, 02:24:42 PM
Hi

I entered a trade today and bought ALGO. The price broke from a triangle pattern but within 5 mins of entering the trade the price began to fall. Did I enter the trade too early after breakout ? I have added the chart below:

Thousands of traders face such problems every day. They arise from incorrect technical analysis, from deceptive insider information, from their own conjectures and unjustified hopes. Imagine what would happen if every trader would be to write about similar deals here.

it will always happen not in accordance with the original expectations when you predict that it can happen in every trade, so actually it is a common thing to happen because of wrong analysis or there is a game going on in the market they control. surely there will be problems that will occur that many people will be spectacular with the analysis that occurs, indeed you have to believe what you are going to do, maybe it will hit your heart more.
One way or another, the market has been pumping up a lot lately and you need to carefully approach the choice of profitable investments when there is more than 70 and 80% confidence. In any case, if you invest your funds in a certain coin for a longer period, then a slight decrease in price after purchase may not have a huge value.
288  Economy / Trading Discussion / Re: Fundamental Analysis or Technical Analysis - which is more important? on: September 03, 2020, 02:01:26 PM
I believe that there is no need to look for which analysis is the most important, since fundamental and technical analysis are fundamentally different from each other and provide separately very important information for an investor and a trader, because fundamental analysis provides general information about a coin - is it worth buying at all and what there may be prospects. And technical analysis provides an opportunity to predict the course of a certain coin within a specified time frame.
289  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Markaccy –The Gateway to Financial Decentralization & Service Distribution on: September 02, 2020, 01:04:15 PM
Hello. Please tell me, according to information from the social networks of the official pages of the project, there is information about the upcoming distribution of coins to the respective wallets of the owners on September 15, 2020. Does this apply to bounty hunters or investors?
290  Alternate cryptocurrencies / Announcements (Altcoins) / Re: TrumpCoin [TRUMP] - Worldwide crypto-funding to recognize and support Patriots on: September 02, 2020, 12:43:03 PM
I'm wondering why the coin is named after Trump and how will this coin be related to the current President of the United States of America? In my opinion, Donald Trump is a very ardent opponent of cryptocurrency and therefore I cannot find a definite connection. In addition, if the connection between TrumpCoin and Donald Trump is real, due to the negative actions of the government, then how the upcoming elections can affect the development of the project, which Trump can definitely lose.
291  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][GNT] Golem Project - The world’s most powerful supercomputer on: September 02, 2020, 12:31:34 PM
Golem is an excellent project, i invest here and is best than XRP
The Gotem project pursues certain goals in which not only investors are interested, but also real users, unlike XRP, which is aimed primarily at enriching its developers through market manipulation.
Personally, I am very interested in seeing the project in this way work in the field of detective investigations.
292  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH still going higher as our anticipatiion on: August 31, 2020, 03:13:45 PM
To date, more than a million Ethereum coins have been distributed to their owners' wallets, awaiting the Ethereum 2.0 update to receive passive staking income. Of course, this is not too large compared to the total amount of Ethereum on the market, but the beginning is already there. I believe that this very situation can increase the deficit in the market, which will have a positive effect on its rate. Unfortunately, a few days ago, we recorded a very large commission on the Ethereum network, which exceeded $ 6 per transaction. at least the current situation is not like all Ethereum users.
293  Alternate cryptocurrencies / Speculation (Altcoins) / Re: LINK - CHAINLINK in the moon on: August 31, 2020, 02:39:32 PM
One way or another, ChainLink has always shown very good prospects, especially due to its demand in the market, which is confirmed by the very active work of the team, which is expressed in active cooperation with very influential global companies. But this year, ChainLink's performance has increased primarily due to the fact that almost all DeFi projects have begun to attract very large investor attention as the most profitable investments in 2020. Although today, as of 31.08, the Link rate has decreased by almost 5.16%.
294  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What we can expect the price of eth at the end of 2020? on: August 31, 2020, 02:14:36 PM
In fact, today Ethereum is very fertile ground for a significant increase in price, since the Ethereum 2.0 update, which we are waiting for, will bring very good prospects, also thanks to staking. In addition, it should be borne in mind that Ethereum is practically the best platform for creating smart smart contracts and frameworks in this area so far. But all this idyll is very much disturbed by the high commissions within the Ethereum network for transactions. How this will affect the future of Ethereum in the near future is very difficult to say.
295  Economy / Economics / Re: Bank's loss crypto's gain? on: August 30, 2020, 07:45:06 AM
Whatever banks do, they will not lose the trust of some people, because the meaning of the bank is authority, the meaning of paper money is the trust given by the state. Western European countries with strong banks are in a different situation. In the Middle East and Asia, they have been exposed to many bank frauds over the past 50 years. As a result, the bank's hand is strong.
So the conclusion to this - the banking era will only stop when current "grownup" generation will extinct.
Statistics shows that most of the crypto market usership age is below 27 or something.
Answering the main question tho - crypto is part of global economy now as well as banks, so there is no clear correlation between loss of one and gain of another
I believe that everything will happen exactly as already said. The fact is that many old people still have not even learned how to use bank cards and continue to prefer cash and I do not believe that they will understand crypto. But how many people will be able to use cryptocurrency today is generally very difficult to say, since the use of cryptocurrency requires certain knowledge to use and store cryptocurrency funds. But I believe that the situation will improve with more education of people, if, together with the introduction of cryptocurrency in a person's daily life, the corresponding knowledge will be taught even in primary schools. I believe that the situation with cryptocurrency will resemble the situation with the computer and the Internet, when with the growth of computerization all over the world, computers began to be installed even in rural schools, since this is a requirement of the modern world.
296  Economy / Economics / Re: China is winning the Economy Wars on: August 30, 2020, 07:26:14 AM
For an under developed country the economical help from a country like China is necessary. I don't see a problem taking the help. But the loan taker needs to figure out the consequences for failing on the loans repayment. The corruption within the country is enough to ruin the economy. China and the USA both are like the two sides of a coin. Both of them want to rule the world resulting a global economical fight. Have you heard about the "Cold war"?
Yeah dude, I know Cold War, I am a history nut.

You also think that the money trap is reasonable? You are blind dude. You want your land seized by the CCP because that is what happened in Sri Lanka. They can't pay the debt and now they do not own the infrastructure that they built in their land. Have your read the article link I provided? Also did you know that the money they loan to this poor country is totaly rigged? They have a very high interest just so you know and that is the reason that most countries can't pay the debt.

By the way Cold War is just a fancy way of invading countries without launching bombs and nukes.
Today, economic war is a powerful tool to take a leading position in the world and is very much used today. Such confrontations exist not only between China and the United States, but also it extends to other countries, where, under the guise of economic aid, in reality they destroy the economy and any opportunities to be independent. Countries with strong economies will always confront each other, but the most affected are small states that become dependent on such great powers that receive financial assistance, while supporting groups of specific officials who care more about personal welfare than the state or people. But at the same time, these debts have to be paid for many years, which is likely to stretch over generations.
297  Economy / Economics / Re: How do you estimate resilience of economy in your country? on: August 30, 2020, 07:01:26 AM
Every country was affected by this Pandemic Covid 19. However there were still countries who considered more to continue operating businesses to support its economic aspects eventhough the cases of infected is rising continuously..well theres nothing we can do if the government implements that aside from being more careful and aware on preventive measures of being infected..Im just wishing that corrupt officials will be eliminated from the position so it will lessen the burden of the community and its sovereignity.

Some countries are richer, and when you have the money you will solve problems faster, you will buy the equipment you need, you will buy food or any other help, with money you can do almost everything! I don't estimate the resilience of the economy in my country, I don't think I have all the facts. What we have is what official tells us, and I believe they are lying us. If you have all the wrong facts, every time you try to estimate it you will have wrong results. It's better to not have an opinion than to have the wrong opinion.
I believe that one of the most important problems in many countries is not only the coronavirus, but also Corruption. Officials who constantly steal money receive big profits from big business, heavy industry and energy raw materials and resources, and in the current situation in every country this sector of the economy is working properly, which primarily replenishes the pockets of rich people and officials, but not the state treasury and does not work for the welfare of a kind of people. That is why officials do not bother to find any other solutions to solve the problem, because their incomes are not decreasing. In some countries, the second wave of coronavirus has begun, and in some of which the first wave has not yet ended and governments are imposing such restrictions that it destroys small and medium-sized businesses. This applies primarily to the countries of the post-Soviet space.
298  Economy / Speculation / Re: When we will see $12k Bitcoin once again? on: August 29, 2020, 02:22:49 PM
In fact, in 2020, many circumstances affect the Bitcoin exchange rate, including the economic situation in the world associated with the coronavirus pandemic. Bitcoin is increasingly seen as a good alternative for profitable investments. But it's worth Paying attention to the fact that in 2019 many countries adopted certain laws in order to control and regulate the turnover of cryptocurrencies, and just in 2020 these laws are expected to come into force. Therefore, activity in the cryptocurrency market will increase by the end of 2020, including this will be displayed on the Bitcoin price.
299  Economy / Speculation / Re: Bitcoin will touch the high price in 2020? on: August 29, 2020, 01:57:46 PM

Bitcoin already touched 12K this month and it can easily double to 24K by the end of December. As bitcoin prices will move up there will be more hype and less resistance, hence bitcoin may pump hard once it crosses 15K and above.
I believe that there is such a situation in the world that every moment of today's circumstances that appear in the world can be positively reflected on the bitcoin rate. We must not forget about halving 2020, because all past halving gave very good results after a certain time. But also the economic crisis around the world will play a positive role in the future prospects of bitcoin, since big capital is interested in the cryptocurrency market, and investors, as well as ordinary people, will be able to trust bitcoin more than national currencies, which are losing much in value.
300  Economy / Speculation / Re: Buy every dip! on: August 29, 2020, 01:26:03 PM
I think its not an easy strategy to follow .At the beginning time of trading i thought it is an easy to do a trade but i made always loss .It's went more deep .So i think we should need more analysis before trading this way .So its so tough to say every deep will give you profit .

No one hasn't said it was easy. You need to be prepared for trading an not only with skill, knowledge and experience but you also need to have enough funds to buy when it's favourable price. And you will not see results at once, it takes some time and most of your investment will be returned on long term. And not all of us have enough patience for that
In order to receive a large enough income from cryptocurrency trading, of course, you need to have a large enough start-up capital. But in order to learn how to trade and gain some experience, even 50 or 100 dollars is enough. Although it is not so easy to learn how to do technical analysis and every beginner has to go through a lot of mistakes. It seems to me that one of the best training options is to use the demo version for trading.
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