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November 20, 2018, 09:09:40 AM *
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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Design is important for ICO projects on: November 09, 2018, 11:01:46 AM
Proper design from the ground up is what put a project on the map and set it apart from other mediocre project.  Design should not be interpreted to mean a creation of shining graphics and settings of a website etc. A cryptocurrency design should bring about the best product or service for the market and the plan and execution of those plan should be carried out efficiently, in excellence and timely manner!
In as much as we can say a good website design graphics and all of that would bring the first attraction, which is not a bad thing actually, because the truth is that a project with a terrible looking website in this day and age won't even cross my mind to want to look if it has a product, good business solution, and good team or not, as that alone is enough to write them off instantly based on my first impression about the project.

However, design is meant to do the first attraction, but it is what you have to basically offer that would make the investors decide to stay in the end.
2  Economy / Trading Discussion / Re: Story of crypto market on: November 09, 2018, 10:24:13 AM
This year has been really rough on all of us, I have been working for bitcoin for years and this year has seen most of my time going to waste.

I have worked and earned bitcoin as long as I remember and this year has been the only year where my money actually shrunk and by the fact that I do not buy my bitcoins but work for it, this new devaluation has seen many of my hours spent working has gone to zero because I have lost all that earned money into devaluation at the prices.

When you work and save up thousands of dollars and it drops 20% it means that 20% is the time you spent working but never got paid for. This is a big big part of bitcoin and why there is no interest in it anymore. I am a fundamental believer and no matter how much I lose I won't be going out completely keeping some of it in but it just shows why we are here where we are.

Looking at your profile, being a Hero Member, and having spent at least, give or take, roughly 4 years in this space (based on account registration since 2014), then, I thought you should know better.

Sure, there is no doubt this space must have been rough for some, but for old members, and which I believe throughout last year you should have made more than enough in profit, even before 2017, to still be making a whole lot right now in the market even at the current dip.

Nonetheless, I keep saying one thing, you have not lost anything until you have sold, and this is a market that is still growing every single day which i believe we have seen nothing yet, so guys should take some chill pill and be patient enough to see how events will unfold in the long run.
3  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Most of the Icos are failing main reasons on: November 09, 2018, 07:20:34 AM
More and more cryptocurrencies are popping up. However, most of them are bound to fail for some of the reasons stated here.
1. Bad User Interface and User Experience. Tokens and other forms of altcoins hinder purchases and do not enable a hassle-free method for usability. It some cases, more resources are required to learn and use tokens.
2. Long-term value. It needs to have a strong use case. Most ICOs, STOs and Altcoins lack strong solution to real problems. Most are created as vehicles for fundings rather than utility tokens.
3. Economics or "tokenomics" are not properly designed such as circulation model or how to burn tokens properly.
The market is not currently in favourable conditions and that is the major reason why icos are also failing.  The investors sentiment is very low and that was as a result of the big loses that they have incurred by investing into icos in the past.
Well, we can as well just consider last year as the year of ICO boom, all because a lot of newbies hit the market, some really had no understanding of how to even deal with the market and they just started buying everything they see because they wanted to get rich, which is something we are beginning to see differently right now.

For now, even though we have some that will never learn, a lot of people have, and because of that, they have either mellowed when it comes to investing in ICOs, or probably now know what to look out for before deciding to put their funds into it. If it is not worth investing, then there is no need risking it.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: 🚀✅🆕💯🔝 How cryptocurrency has changed your life? 🔝💯🆕✅🚀 on: November 08, 2018, 09:48:51 AM
I would say the thing for me is that a lot of my perspective when it comes to the financial institution, exposure to how things have been done in the past, and the rate at which I have been liberated and looking forward to more liberation when it comes to spending, storing value and so many other things that banks could not offer, has really been a sweet experience for me in the crypto space.

I do not even want to start with the idea of even earning some things passively for the long term, as long as you are smart to take advantage of them, seems a lot cool to me. I may be new in this market, but looking at the long term prospect and what I have been able to achieve so far, I will say has always been one of the greatest decisions of my life to have gotten myself accustomed to learning about this space.
5  Economy / Trading Discussion / Re: In this trading battle which side are you? on: November 08, 2018, 06:36:43 AM
I will be on hodler side. Because hodler always wins, though we are passing bad days, holders will get their real value of holding. But, I Think Bearish market will continue! No one knows about it but everyone has the right to make an opinion.
Personally for me right now, I am more bullish than ever. Of course, we cannot predict what the market will hold or bring in the future, but one thing is that there is a great future and in most cases, when a market is tapped out, this is when I accumulate and drift towards the bull side. Bulls will always keep accumulating in a bear trend and distributing in a bullish trend, and this is what I have been doing and will be doing obviously.
6  Economy / Speculation / Re: Where is Bitcoin heading towards? on: November 07, 2018, 04:43:38 PM
Honestly, at this point, there is actually every indication to be bullish. The fact that the market has been tapped out and has been consolidating for a while now is enough reasons to be bullish on the market and then accumulating for the upcoming uptrend. We may not see new ATH or the chances of hitting the previous one, but one way or the other, we should see some possibility of an upward movement in the market before the end of the year.
7  Economy / Economics / Re: Large volume on: November 07, 2018, 12:10:08 PM
Even though a lot of people are complaining about the possibilities of fake volume, we still cannot rule out the impact of this region when it comes to cryptocurrency adoption, and some times, like they always say, even in every rumor, there is always an element of truth. We also have to consider what if those volumes were for real? All the same, fake volume or not, I still believe one way or the other, that the big institutions and investors are already accumulating, and in no time, the possibility of seeing the market hitting upside could be a reality.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Google to Protect Its Users From Cryptojacking on: November 07, 2018, 08:36:56 AM
If they end up not doing that, I can imagine the number of crypto users they are going to lose as a result of the vulnerability of their browser and its extensions. Nonetheless, I am not surprised though that this is coming, as they need to give an assurance to users that they are trying their best to at least make sure that they tend to experience some level of security in their activities on the website. Chrome has been lagging with this and I hope they are able to come up with a tight rule that will work.
9  Economy / Trading Discussion / Re: Giving Bitcoin as a gift on: November 06, 2018, 01:37:12 PM
I want to give my niece some bitcoin, but she has to be 18 to have a Coinbase account. Is there a way for a 13-year-old to sign up somewhere for bitcoin, or is it strictly for over 18-year-old's? Good to get them familiar with this from a young age!
You can create a wallet for your niece. We do not need to send bitcoin to the coinbase, there are many different bitcoins. Or you can send it to Binance trading platform and give your account to your niece. When your niece wants to sell it, it will be faster instead of transferring the bitcoin from the coinbase to the trading platform. Grin
Seriously? What is the difference between a Coinbase account and a Binance account in the aspect of a centralized wallet? It seems a lot of people do not even have an idea what makes some wallet centralized and some decentralized. As long as you are making use of an exchange, there is no way you can have full control of what you are holding. Make sure you are making use of a wallet where you have your private keys.

Secondly, what the OP will need to do is to even understand everything about the space first as well as the security of the space, a lot about wallets, and a lot about blockchain before even pushing out bitcoin to a 13 year old kid to hold. In a way, she has to understand what she is holding as well as everything that pertains it for her to at least be able to do well in the space without messing things up.
10  Economy / Economics / Re: Regulations help stock market exchange, and it will in cryptocurrency! on: November 06, 2018, 01:13:39 PM
Regulations saved the companies in those stock markets, not the stock market itself. The companies that leveraged their positions insanely actually lost a ton of money when the stock market crashed and right after that got saved by the regulations and goverments and they reinvested when the market was crashed and of course the new money coming in fixed a bit of the stock market which took time but the people in those markets actually lost a ton of money. So if cryptocurrency ever gets regulated I am 100% sure that whales will be saved whenever something bad happens and we will be the one thrown under the bus.

with regulation will certainly increase investor confidence. moreover there is legality from government, which will be safer. and it is true that whales will lose space to move. that means market will return to health

I'm not sure why people think regulation on crypto market will be same as regulation in stock exchange. It's completely different environment and what worked in stock exchange may or may not work in crypto market due to high volatility. I don't think whales will just go away. Regulation may give people an illusion of more security.

   Almost all active investors of Crypto Market are anxious about the issue on regulation by government financial agency, they have fear on the Regulation rule that will be impost on Crypto Market investors? But, i am optimistic on that it will be more beneficial to the crypto investors once this issue is address. lets monitor and remain confident on crypto currency digital transaction, its a decentralized platform, safe and easy to manage, the proof of which, if we look on the EUROPEAN countries, some are now welcoming openly the Crypto transaction.
Personally, I have never really had any issues with regulation, knowing that we will only be deceiving ourselves to think that regulation is not something that won't happen eventually. We have seen the shape that this market has drifted to with the way things have been without law, a lot of scammers doing whatever they like, manipulations of the highest order in the market, with all these things not being a possibility in the stock market as a result of regulation.

Regulation will not stop anything from thriving as long as it is done well, it will only help improve the space into being a better one. It is obvious most humans need law, otherwise, we just have the ability to not do things right in the absence of law which is always bad.
11  Economy / Economics / Re: Why Malta is the most favored Location for Crypto Exchanges? on: November 06, 2018, 09:46:06 AM
I think you already answered ypur own question. Malta in fact is a pro crypto currency country that already have laws in place to protect holders of crypto currency. Obviously companies related to crypto currency will go to a pro crypto currency nation to protect their interests.
Yeah, over the years, we have seen the level of hand that Malta has stretched out to the crypto space when it comes to acceptance and that is one thing that is hard to come by, and I am sure, they are pretty smart or they have a government with a huge vision, who understands that rather than fighting the crypto space for no reason, there is so much to benefit from it. We have seen what most of the exchanges are raking in from trading, and I can imagine how that would keep having an impact on the Maltese society at large in the long run.
12  Economy / Trading Discussion / Re: Meditation is essential for becoming successful trader on: November 01, 2018, 06:24:56 AM
Did you mean to have good psychology in trading? To have it , i think we not need to do meditation. We should be keep learn and learn to more to understanding price action and to know all risk of trading, and we should be minimize the risk by make risk management . I dont see any relation between trading and meditation.
Honestly, having a good psychology when it comes to trading is not even something anyone can do if the mentality they bring into trading at first is not right. No matter how you want to meditate, if you approach trading as gambling, you have no strategy, you have no knowledge, you have no confidence since you have no skills at all, there is no amount of meditation that will actually make you successful at trading.

As far as I am concerned, the best way to trade is to build confidence in yourself, and the best way to build confidence, is to make sure that you have learned enough and you have been able to back test your strategy to see you are good to go. Meditation will not get all of that done for you the last time I checked.
13  Economy / Trading Discussion / Re: Why trading is unhealthy? on: October 31, 2018, 02:47:07 PM
Some traders always soaked in the computer so its very unhealthy for me also and very stressful if you loss in trading to take some more time to recover how much funds do you lost from you.
But not all traders always lost ofcourse all these unhealthy that give trading for us is worth it sometimes if you earn a good profit.
The approach a lot of people always have towards trading is one thing that has really messed them up not just health wise but even pocket wise.

One thing with trading is that once you approach it like you are gambling, no strategy, no knowledge, no experience, no skill, and most definitely no confidence, there is absolutely no way you won't be messing things up and in that case, you will always be bound to over do things, get your whole emotions worked up every time, get stressed up unnecessarily and we all know how that can really tell on one's health, so in a way it is not trading that is unhealthy, it is just people that make things unhealthy for themselves based on how they approach certain things.
14  Economy / Economics / Re: 10th Birthday, Bitcoin Price Is No Longer Exciting ? on: October 31, 2018, 01:46:12 PM
Well a lot of new investors that just started to invest last year now experienced a bitter lost, a lot of them frustrated because their investment decrease more than 50%, but for the early adopter we see a good rising price, although this year got a bit stagnant but bitcoin seems on a good track
Those who are frustrated did that because they never even took the chance to understand the reason why they are investing in the first place. Not like they had no reason but it was a wrong one, considering that all they were after is just a way to want to get rich over night.

I believe if most people took the chance to at least try as much as possible to ensure that they are well informed with what the past held, and where we are now and the possibilities of a great future, they will never have any reason to be frustrated and worried. Like you said, in your last sentence, we are still on a good track, as at least, where are not where we used to be and that is what I call progress.
15  Economy / Trading Discussion / Re: 4 Things Traders Must Do To Be Successful on: October 31, 2018, 06:24:58 AM
Normally, trading itself is not even something you should always expect 100% win, strategy is just there to guide you. I know so many people who have made the mistake of thinking that once they have the knowledge and strategy, they are already set for big wins, but it is trading, and you are only taking advantage of possible fluctuations, so you really want to put in mind that losses are also possible, but how you are able to manage them is what would determine how good you tend to do eventually.
16  Economy / Speculation / Re: Bitcoin won't top $9,000 by year's end, Novogratz says on: October 30, 2018, 01:36:09 PM
We have barely two months to end the year and as the price is still trading below 7000 usd, it will be impossible for bitcoins to get to 8000 before 2019 and I cant see any forces that can impact bitcoins to accelerate so high for it to get to 9000
We canít predict anything about bitcoin but if we consider the facts and figures of last year with this one, we are standing at some exact numbers where we were last year. This is seven thousands family where are revolving around like in last eight or nine months. And I donít agree here, bitcoin would rather jump towers high altitude and we would be seeing some huge increase in amount this December.
Well, it is the market, we can all make speculations, but the fact remains that time and trend will always end up giving us the answers to our optimism or pessimism as the case may be. I would not be so disposed to the idea that the market may not be able to go above $9k, knowing how surprising this market can be with movement, but I will let the future decide that actually.
17  Economy / Economics / Re: Economic crash in 2019! RE.1 on: October 30, 2018, 12:49:54 PM
Your edit in first thread say 'everything fine not to be worry about' mean the problem and your analyst is done?
You should not even be worried normally. Information sometimes are even disseminated not to get you worried, but to make you and help you plan for the worst. No one can tell you what the future holds exactly, but at least, knowing that there is a possibility to something, this is where you should try as much as possible to try to diversify to put you on the safer side, and at the end, you will have nothing much to lose. It is called preparing for the worst and still expecting the best.
18  Economy / Trading Discussion / Re: Begginers in trading ( share you experiences about trading ) on: October 30, 2018, 05:54:27 AM
In trading we not necesary to have knowledge all thing about technical  analysis,  if we just understanding about some indicator like moving average and bolinger band so we can jump in to trading. And the most important  thing is how to minimize the risk from high fluctuation of crypto by make risk management.
The truth is that it is good to have as much knowledge as you can have and not rush into things, because it is all these acquisition of knowledge that would make you to be able to come up with a good strategy in the long run in the first place. If you manage to discard the part of learning very well, and never stop learning, while trying to practice every step of the way using probably a demo platform, you will find it hard to ever be able to get it right.
19  Economy / Speculation / Re: China on: October 29, 2018, 06:41:56 PM
However China wants to play their card, it is irrelevant anyway. This is a global space and looking at the number of continents as well as the number of countries, we can as well just know simply that this is something that no single country can apparently just lay a huge hold on the market somehow. Highest thing I see happening to China is to be left out from the whole show eventually, but really I believe in the long run, they might still come around.
20  Economy / Economics / Re: 2018 the year of correction? on: October 29, 2018, 04:04:32 PM
True that. I mean BTC it self pumped up toalmost 20,000 USD now we are suffering from that enormouse spike with a year long price correction. In hindsight, i think the price adjustment or correction is over soon. In the mean time, i myself just by Bitcoins and Ethereum left and right. Who knows when the bull market starts right?
Well, last year, we also had a consistent year for the bulls, so in this case, we just have to assume the bears also have to show they are not that impotent in the space as well.

Actually, for the most part of this year, it was a pretty full blown corrective year, even though we still had some up and down moment in between, but it is a pretty healthy one to me as far as I am concerned, which is actually good. For now, I guess we will have to wait and see how next year or towards the end of the year would bring.
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