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21  Economy / Trading Discussion / Re: This will help to improve your trading on: December 19, 2018, 04:03:29 PM
hi traders i am sharing my mistakes and experience so that it will help you

here are the mistakes i did and the with experience i got answers to my mistakes  

1) dont (care or think) too much about your money while trading this will reduce your confidence and make our decisions to reverse
and put money which you dont need

2) learn about money management (i know you might have heard about this many times , this is a huge topic to explain )
in short

remember trading and investing is a business, you have to risk something to gain something ,
so here is what you can do , risk is in your hand and you dont know how much rewards you will get so all you can do is control your risk , so calculate your risks and then enter trades and wait with patience

at first your goal must be to protect your capital , and then protect your profits , dont risk everything
 
3) Do not get panic by watching others analysis , remember panic is not good for trading, be confident with your analysis

4) if you have got good profits then keep it as a back up capital , when there are bad days if you lose your capital this back up capital will help you

5) dont trade if markets are too much volatile , no trade is also a trade , relax on that days watch some comedy films

6) dont ever think to recover your losses , or trade against

7) if you have entered trade by calculating risk then dont exit in middle wait for your targets , fluctuations are common

8 ) one of my friend told me this --- to keep track of trades
like why we lost that trade , why that trade reached its target,keep a record of this   and just go through this when you are free trust me it will help too much

9) everyday you will not be profitable so set a limit for loss everyday if it is reached than stop trading ( i have lost money before without doing this )

10) If your finger is stuck somewhere, in real life you must think to get your finger out of there , but in trading if your finger(trade) is stuck then you must cut it and get out of that trade, because in trading finger(capital) grows back ( this i learnt by watching psychology videos )

11) I know many of you have heard this points before , but remember until you dont put your personal interest and do trading by following rules nothing will change
and success is  not easy we must work-hard to achieve it    

12) i am sure if you follow this rules you will see changes in your trading ,

if any experienced traders do have some points that will help traders please highlight it




There are a lot of tips for trading but I doubt that I could follow them all. I have been trading for several years now and still I am not that profitable.
22  Economy / Economics / Re: Visa card network crashes on: December 19, 2018, 03:57:59 PM
Quote
Firm apologises to millions left unable to pay for goods and services across UK and rest of Europe

Visa’s payment system is operating at “full capacity” after a hardware failure affected customers in the UK and the rest of Europe on Friday.

A statement posted on the Visa Europe website in the early hours of Saturday said: “Visa Europe’s payment system is now operating at full capacity, and Visa account holders can now use Visa for any of their purchases and at ATMs, as they normally would.”

The issue was not associated with any unauthorised access or cyber-attack, the statement said.

Millions of people were left unable to pay for goods and services across Europe after the unprecedented crash, which began at around 2.30pm.

Visa apologised late on Friday, saying it had fallen “well short” of its goal to ensure cards worked reliably at all times.

Major retailers had earlier confirmed that card purchases were failing. Queues built up at petrol stations and shopping was left at supermarket tills as customers were unable to pay.

Lisa Eagleton-Muir, 44, who had come to London to audition for the Great British Sewing Bee, could not buy any food at King’s Cross station for her return rail journey to Newcastle.

“I’ve only got two cards and they’re both Visa. I tried to buy my tea in M&S and a cafe but they were both rejected. I don’t know what I’m going to do. It’s a long journey home with no food.” She later found she could withdraw money from a cash machine.

A spokesman for the supermarket chain Asda said some payments had gone through but others had not.

“When you try to pay something, it sends a message to Visa and then Visa have to send a message back to the chip and pin machine to say this is OK and then the banks are in between at some point. The message that is coming back to the chip and pin, that is where the fault is,” the spokesman said.

It is understood the Bank of England immediately contacted Visa to find out when its system would be back up and running. One banking industry source said: “There is never a good time for the payments system to go down but a Friday afternoon, when there is a flood of people leaving work, must be among the worst.”

In Spain, the Guardia Civil sent a tweet aimed at reassuring those affected by the system failure. Beneath a picture of Johnny Depp as a shocked Captain Jack Sparrow, the force said: “Stay calm. If you can’t pay it’s not because you’ve been robbed or hacked. Visa is suffering a service crash in Europe that’s stopping payments going through in its cards.”

Bank customers in the UK were still able to obtain cash from ATMs, which led to large queues forming at cash machines.

The Visa spokesman said on Friday: “The issue was the result of a hardware failure. We have no reason to believe this was associated with any unauthorised access or malicious event.”

https://www.theguardian.com/money/2018/jun/01/visa-card-network-crashes-and-sparks-payment-chaos

This could serve as one example of why a cashless society may not be the best option to pursue. Paper money never "crashes" or suffers "hardware failure". The reliability, greater efficiency and lower barrier to entry, in terms of merchant gateways not being necessary to conduct regular business can all be advantages which are difficult to discount that are intrinsic to paper money.

It could also illustrate one area where bitcoin and crypto currencies have a distinct advantage versus other electronic forms of payment such as credit cards, which is to say: greater reliability and decreased downtime.

Consumers may not be able to purchase a cup of coffee with bitcoin but at least they can rest assured their payment network won't crash or be at great risk for credit card numbers being "hacked" in the way other payment networks are on a daily basis.



There will always be some problems in anything. I know that Visa would find a way to fix their systems and eventually everything will be okay.
23  Bitcoin / Bitcoin Discussion / Re: Using bitcoin without internet on: December 19, 2018, 01:51:45 PM
Blockstream Satellite Now Means Most Of The World Can Use Bitcoin Without Internet. What's your opinion on this one? Do you see it as progress or not? Huh

It could be really useful for Bitcoin users because we may have a lot of difficulties if we would not have an internet connection and we are using digital currencies with it.
24  Alternate cryptocurrencies / Altcoin Discussion / Re: Best investment strategies ? on: December 18, 2018, 03:15:16 PM
Invest in a crypto market situation accordingly. There should be a framework for him to invest in which time to invest. And at what time to sell.

I have already read something like that but still a lot of people don't follow such rules and strategies about investing. But it is up to them to learn the hard way.
25  Economy / Trading Discussion / Re: Groing your trading balance with 3,778% in 1 year by only 1% profits daily on: December 18, 2018, 02:51:36 PM
Very soon me and some people I am going to assist an entire year we are going to chase a 3,778% profit in 12 months with only a 1% daily profit.

Everywhere in the world there are people that do not have any money to invest. Mostly those people fall for quick rich, ponzi or hyip shemes that promise them huge returns in a very short timeframe. For those people have a look at our strategy and learn how to do it yourself.

I have several different strategies for starting balances from 100$ up to 1,000$ but I am going to share our 100$ strategy because 'most' people have 100 bucks they can miss for 12 months.

I have been pretty successful in life. I had my own business for 15 years that I sold for a nice profit. I moved to Spain with my wife and kids to enjoy more of life and I was able to become fulltime involved in crypto. I took a trading course and started trading myself, some of my profits I used to buy a couple miners for myself and I made some good money in 2017 with the huge boost crypto had that year. So I can't complain and have a good life.
Unfortunately lot of people I personally know don't have the same luck I have in life. Those people would already be happy if they would be able to earn 3-4 extra monthly salaries per year. In this way they would be able to book the holidays they always wanted, buy things for the kids they could never do before, buy the small house they always dreamed of. For those people 3-4 extra monthly salaries would make a huge difference.
The only problem with households in this situation is they just do not have funds to put in decent investments.

My opinion is that every person should have the ability to increase his life standard with a minimum amount of money to put at stake.

So after many hours of calculating I worked out a 365 day plan where every person with a little bit of common sense can turn a single 100$ into a minimum of 3,778$ in a 1 year timeframe.
The strategy in the example is for building out your fiat value and not to build out your crypto value. Persons in a situation I explained above rather prefer hard cash above crypto. However this strategy can be used to build out your crypto value as well.



The strategy

The strategy that we are going to apply is not a trading strategy but a bankroll management system. The way you achieve your daily goals is not important. To achieve the big goal after 1 year, grow your value with a minimum of 3,778%, is top priority.

Our strategy fully relies on something our good old friend Albert Einstein once said

                                   “Compound interest is the 8th Wonder of the World...
                                            He who understands it earns it...
                                            He who doesn't pays it!”


Compounding your interests is one of the most powerful financial tools in the world. For those that do not know compounding. It actually is very easy. Compounding is the same as reinvesting your profits to make more profits on your accumulated profits.

In real life compounding can be compared with a snowball. You start off with a tiny snowball on top of the hill, you give it a little push and by going downhill the snowball will start growing faster and faster.

Compounding will be the basis of our strategy combined with our 1% daily strategy.

Beside the compounding side of our strategy we use our 1% daily strategy. If we take a look at the xxx/USD market we notice that for example BTC, ETH and other big coins move 1% or more several times on a daily basis. So a 1% daily profit should be an achievable goal.

Take into account this example is based on building your fiat balance so the value of crypto does not any effect on our strategy. Wether BTC is 3000, 6000 or even 20,000$ it does not matter, the 1% daily jumps will be there every single day in any currency. Or you can achieve your daily 1% with several smaller trades.



So here we go. This is how we are going to work.

We will start with a USD100 balance on any crypto trading platform where you can trade on USD, USDT or USDC pairs.
We will follow a strict plan of daily goals. And those goals are very simple, achieve 1% profit daily on our balance.
Beside that to achieve the maximum and to fully benefit from the compounding system it is necessary not to withdraw a single penny before the 365 days period expires.

Day 1
We start with a 100$ balance and we trade the USD market until we make $1 profit.

Day 2
Today we try to achieve a a 1.01$ profit which is 1% on our initial amount of 100$ + the 1$ profit we made on day 1.

...



This we keep doing the entire 365 day period to end after 365 days with a value of




And this shows the power of compounding interests.

By only aiming for a 1% daily profit but by using the 100% compounding strategy it must be achievable to turn a single $100 into %3,778 in 365 days.
This should be the main goal and it cannot be that hard to achieve this. We tried this strategy with 10 persons in the past and all 10 persons including myself achieved this goal.



BUT there is more. Everyone knows the crypto market is very volatile. However we aim only for a 1% profit there will be days that you will make 2-3 maybe even 5% profits in 1 day. It all depends on how the market is jumping that day.

However it is very important to stick to your 365 day strategy. Every day you must aim for that 1% profit. So if you have a 3% profitable day is does not mean to become lazy and say 'well lets take 2 days off and start trading again afterwards.' Reason for that will be explained later.

But what to do if you make a more than 1% profits on 1 days?

As example: Lets say on the very first day you manage to get 5% profits because the markets were very good.

You check your compounding chart and check what your day 2 goal must be. Search for the highest amount that is covered by your current balance.
In this example your balance is $105. The highest amount covered is the day4 balance of $104.06. So your day 2 goal has to be the profit to achieve of day % which is $1.04.



What if you do not achieve your 1% goal?

Normally you can make a 1% profits every day. A bull or bear market, it doesn't matter. Every single day there are 100s of opportunities to achieve that 1% profit.

Actually the only way not to achieve your 1% is to go Allin on a position and the coin has crash which takes longer than 1 day to recover. The only thing you can do about that is to take more positions in the same coin for smaller amounts of your balance.


Conclusion:

When we tested the strategy we had a 100% goal achievement. Every single person of our group managed to achieve the minimum goal of $3,778. Our group had 4-5 people that started trading for the very first time. Our experienced traders assisted those person but 50% was achieved by themselves. So in our opinion everyone should be able to achieve this results.



Some extra information why it is important to stick to the 365 days.

It is not obligated to stick to the 365 day period if you achieve your goal earlier, but it only is in your best intrest to do so.

Lets say as example you have a 3% profitable day once every 10 days. This means you cover 2 more profitable days in 1 day. On 365 days it means you will achieve your goals 72 days earlier. This is great but what happens if you you just stick to your 365 days

Lets say you achieve your goal 72 days earlier. Than you have 72 more days to make additional profits. lets just stick to the 1% daily profit. You will have following result.



You will increase your primary goal with more than 200%. Instead of finishing the 365 days with $3,778 you will end on day 365 with $7,733 which is more than double of your primary goal.

Is this achievable?

Yes it certainly is. One person of our test group was able to achieve his goal in 260 days which still left 115 more days to trade. This person finished his 365 day quest with a 5 figure profit of $12,375. And all of this with a 100$ starting balance, the 1% daily strategy and the powerful 100% compounding method.




Everyone is capable to achieve the same results. As you see this is a great way to increase your life standard. Even for those that only have a very small amount to invest, they can change their lives drastically and start dreaming about a better life style and finally have the opportunity to do the things they were never able to do before.




Service

If you are interested to know more about this strategy and want to try it out yourself, please feel free to contact me through PM so we can connect.
We can provide
  • A customised 365 days plan for a start amount of 100 up to $1,000. Depending on the amount and your requirements we can work out a plan with any bankroll from 100 to $1,000. Depending on the amount, your needs and requirements we provide you with a plan with 50% up to 100% daily compounding.
  • Our plans can be applied for building your fiat value, your crypto value or we can provide a plan that combines building out your fiat and crypto value in a combined plan.
  • We can provide a 365 day support through a special chat group wether on FB, Skype, WhatsApp or telegram
  • For those who aren't feeling comfortable trading themselves we offer a portfolio management service.

All of this we offer entirely for free!!!!

We are just crypto lovers like everyone else here. So why would we charge any fee for something that we are doing ourselves anyway. We only charge a 10% fee on the profits we make on managed portfolios, but this fee only gets charged at the end of the period and if the required goals are achieved.

So for all other services we don't charge a penny. We fully rely on the goodwill of the persons that use our methods and services. People are free to send us a small donation as show of appreciation.

We rather receive donations as show of appreciation and a community supporting and give good feedback in our thread than we make money out of it.



What can you expect in this thread in future?

As we said in the beginning of this post. Very soon we will start a new 365 day period with a couple new people that are going to do the challenge together with us.
We are going to keep track of our results in this thread. The following 365 days we are going to do will consist 2 or 3 portfolios. We will post progress of all 2 or 3 portfolios on a daily basis so people can keep track of the results and start their quest themselves.

Which portfolios are we going to cover?

  •   a 100$ starting balance to let the fiat value grow to the required minimum goal.
  •   a 100$ starting balance to grow the crypto value to the required minimum goal.
  •   a xxx$ starting balance to combine both crypto and fiat value by compounding 75% and store 25% of the daily profits for future crypto value increase.

first 2 portfolios are guaranteed. The 3rd one we first to calculate what starting balance between 100 and $1,000 is required to achieve the best possible results.



I hope you enjoyed reading this post and we hope by posting this we can help people that are struggling to succeed. Die hard crypto traders will not be so impressed by the possible results but there are thousands of people in a situation they do not have much to invest and there will be people for whom our results can be life changing. Especially for those people I decided to post this and hopefully with this post and maybe by connecting we can help out many people to achieve the goals they always dreamed of.

Regards,

Quads

I think 1% of trading is not enough for everyday and since you can also lose some of your trades and that is not enough. Aim for 5% above.
26  Economy / Economics / Re: Will there be a market crisis unfolding in the USA? on: December 18, 2018, 02:09:16 PM
Renowned international stock investor, George Soros, who broke the bank of England in 1992 by shorting the pounds and pocketed over a billion dollars, sounds the alarm of a financial crisis?

Despite China stock market woes and global economy weaken, U.S. economy stays strong.

Why is that the case ?

The effects of real exchange rate overshooting might be the cause.
With the spillover effects from commodity markets of declining oil prices into international asset markets, the U.S. real exchange rate, as an endogenous variable that is system driven, was altered. To conquer this real shock, the central bank exercised their money supply. With effects of short run expectations and exchange-rate overshooting, U.S. economy responded to the impact with greater magnitude than anticipated. To understand how this works, one would require to employ the Uncovered Interest Rate Parity Model, which is too technical for discussion beyond this point.

There would always be a financial crisis wherever places in this world, and it is up to us to how to survive it and be prepare for what is going to happen.
27  Alternate cryptocurrencies / Altcoin Discussion / Re: How long does it take to become a pro on: December 17, 2018, 01:05:20 PM
I am really interested in this question. And you might be surprised, but I came here not only for money, but on the first place I put the feeling that I can do something important. Cryptocurrency world is not a teaching, medicine or life guard area, but i am a strong believer that every person should do something important for him, his family and friends and for other people as well. So I am thinking of becoming some kind of cryptocurrency consultant or something like that. But I understand that in order to achieve this goal I need to have a perfect portfolio and to become a highly qualified professional myself. I am ready to hard work for years, but i want to know how much time will I need? One year is not enough but what about three or four years? Will it be enough? What do you think? Thank you very much and good luck with your business.

If you are really up to become a good trader then you could be better for years of practices. But you'll encounter a lot of challenges on your way.
28  Economy / Trading Discussion / Re: HODL IS THE BEST OPTION FOR ME NOW on: December 17, 2018, 12:58:55 PM
HODL is the best option now for all my altcoins. I will keep Hodling till the bearish market is over. Everyone was thinking that bull run will start toward the end of the year, instead, there is a consistent reduction in price. Let keep hodling next year will get better for everyone.
I want to know what you feel, is there still hope for the remaining 18 days before the year end?

So as for me, I would like to Hold all of my altcoins before I want to sell them because some of them I got from bounties and it doesn't really matter if I hold it for so long.
29  Economy / Economics / Re: A Public Market is Turning 'Cashless' in the Philippines on: December 17, 2018, 12:19:20 PM
'The new Marulas Public Market in Valenzuela City is the first-of-its-kind ‘DigiPalengke’ initiative in Northern Metro Manila where an entire marketplace is equipped to accept mobile cashless payments.'

https://pia.gov.ph/news/articles/1015376

--

This is quite interesting since even a public market where most of the time common folk buy their everyday needs is accepting digital payments. While this is not entirely related to cryptocurrency, it's as if the people are slowly seeing the convenience and security cashless payments offer to their everyday lives. For years, scan-to-pay stores are just confined within the walls of malls and luxurious places but it seems that we're slowly bringing it to the masses and eventually, it will be the norm to pay only with our smartphones and pre-loaded accounts--and in the future, possibly even cryptocurrencies.

Hope that market still opens now since the price of Bitcoin is ridiculously low and it hasn't affected much of the sales. But I guess they are referring to a FIAT that transfer from their mobile phones  to other.
30  Economy / Service Discussion / Re: Where do you buy bitcoins? on: December 17, 2018, 12:13:56 PM
I am looking for a few recommendations of places where I can go to buy Bitcoin with a credit card and has low fees. Can anyone recommend any good options?

I don't buy Bitcoins I just get it from my bounties, but if you can buy then I guess it could be on those exchanges and Coinbase is one of them.
31  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think that market is oversold and bounceback soon? on: December 16, 2018, 01:53:52 PM
Most of the Altcoins have lost their major part of the value due to selling and the trend is continue perhaps it  is since long for over 10to 11 months . I personally feel that it is a very long period and the market is oversold now and there are chances of recovery in the days to come . Do you agree?

Apparently, the market is at the bottom right now and yes we can consider this as oversold, but we can't be sure yet it the market it still go down further more.
32  Economy / Trading Discussion / Re: What are your key reasons of choosing a particular exchange for trading? on: December 16, 2018, 01:10:11 PM
Hello,
1. What are your personal the must-haves for an exchange to be of any interest to you?

2. Is low volume and liquidity a big "no go" to you? Or do you approach such exchanges as potential interest for market making or arbitrage (small exchanges are responding to volatility slower and this may give some good arbitrage opportunities), etc.

ps: we are launching a new crypto-to-FIAT exchange (starting with /EUR pairs) and would love to get tips from the crypto community on their needs in order to built durable exchange.

Thanks in advance,
Art

My number one reason of choosing a right exchange and that would be an exchange with has a lot of volume for it and would make prices change every time.
33  Economy / Economics / Re: IRAN TO LAUNCH ITS OWN CRYPTOCURRENCY, GOOD OR BAD FOR CRYPTO ADOPTION? on: December 16, 2018, 12:57:30 PM
A few months back, we had Venezuela launching its own cryptocurrency- The Petro, now we have some announcement than IRAN will  be doing same soon, 'Govcoin' as it will be called is meant to help the Iranian Government boycott international sanctions.It seem other countries with similar restriction will be exploring the blockchain to achieve similar goals.I have my reservations about government-issues cryptos, do you think this is healthy for the cryptocurrency in general?

SOURCE:https://news.bitcoin.com/the-iranian-government-is-preparing-to-launch-its-own-cryptocurrency/

Then why should it be bad for them to launch their own crypto? Is it not good enough that crypto is spreading all around the globe? We should be happy.
34  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bounty Campaigns. on: December 15, 2018, 12:44:45 PM
Ever since the market went red, have you guys received any tokens from the bounty campaigns you have joined? In my case, I haven't received any and I've asked the devs of the projects that I have participated in and they told me that they are following their roadmap and focusing on their product. Are you in the same situation as me?

At this rate I also haven't receive any of my bounty tokens. But I hope they'll do something about that before they make themselves as a red flag to the people.
35  Economy / Trading Discussion / Re: Cryptocurrency trading for beginners. on: December 15, 2018, 12:16:02 PM
Friends, I welcome you, I'm very glad that the previous article was useful for many https://bitcointalk.org/index.php?topic=2850179.msg29236037#msg29236037, so I decide to write a little more about trading and investments.

Trading for a beginner is a dangerous thing, so everyone should decide for themselves: not to be a beginner, or not to be a trader. Why is that?
Here are a few facts:
 1. Cryptocurrency market is highly volatile, the rates change constantly and it is almost impossible to predict the price movement up or down.
 2. Cryptocurrency market is practically not subject to fundamental analysis. Basically, this is a market relationships, or the manipulation of the market by large players.
 3. Cryptocurrency market does not have a transparent information background, no one can be 100% sure of it. Very often it happens: there seems to be believable news, but in fact it was just a market manipulation, for someone's re-purchasing or information was just incorrect.

If the newcomer wants to succeed in trading, he should study in detail 6 tools for analysis:
1. Basics of technical analysis
2. Computer analysis
3. Use of tools for trading
4. Basics of fundamental analysis and analysis of market movements in the past.
5. News
6. Cryptocurrency technologies (whether there is in general a sense in this or that technology, whether it is useful to a society, whether carries something new or it is the next fork of what that of coins).

To become a professional trader you will have to learn a lot, practice a lot, plunge deeply into the market, conduct a certain number of transactions, survive ups and downs, as well as incur certain losses.

It is this approach will allow eventually succeed and become a successful trader. Learning and knowing a certain tool shifts the scale in your favor: if initially your chances of predicting price movement are estimated at 50/50, many mistakenly think that knowing all the subtleties of trading their chances will approach 90/10, unfortunately this is not so.
Good indicators are 55/45, at best they will be 65/35, because one transaction is not indicative, it will be necessary to open many transactions and only at the distance in the theory of large numbers the results will approach the mathematical expectation. You will start to guess more often and less often make mistakes, this is the best way to succeed in trading on the crypto exchange market and this is no longer the path of a beginner. You will have to cease to be a beginner and become a professional. Or you can choose another way – not to be a trader. Do not try to predict the movement of a course, but simply buy something that has fundamental reasons for growth, buy something that is inextricably linked with cryptoeconomics. It is known, it grows, grows very violently for a long time, even when local corrections occur, even when markets or individual market sectors collapse locally. Thus, changing the approach to a more fundamental one: portfolio or index, you very often can get rid of those problems that are in trading.

Historically, in a variety of markets: foreign exchange, commodities, securities markets and other proven -traders tend not to overtake the market itself. So, for example, if you invested in all American stocks by not a lot, you would get a better result than you looked for the asset that you want to invest in now, anticipating its price movement in the short/medium term.


Nevertheless, many people try their luck in trading, because it is precisely in times when the cryptocurrency itself does not give such a rapid growth and trading comes to the fore as a market neutral strategy, a strategy that can bring you profit, even when the whole market is in the flat or in the red. After all, trading allows you to earn on the fall and stagnation of the market, not just on its growth.

So I decide to sort out all 6 tools a little, so that the beginner had the opportunity to combine trading with investment.


Trading crypto is somehow so hard if you only know that the price will go down. Maybe at Forex is much easier because the prices are not so volatile.
36  Economy / Economics / Re: Who thinks that current situation has to do something with mining? on: December 15, 2018, 11:54:06 AM
As you see guys, price falls and falls, that's very bad we all know and it's not something we want but it keeps falling.
This fall was also sudden and somehow very suprising not only for me but maybe for you too.
Do any of you think that it has something common with mining? As you see a lot of miners just gave up and left bitcoin mining, not only this...
Imagine following: There are giant miners like bitmain, bitfury and so on... What about if they want to create monopoly? Once for example 20% of miners will leave mining, they'll fill this 20% and more by new and improved equipment which they won't release for a while and make it almost nonsense for others to start mining with currently publicly available miners.
P.S Don't call me crazy...

Some of them will but also some big people behind a big company will still continue mining until the lost drop of Bitcoin will be in their hands to acquire.
37  Bitcoin / Bitcoin Discussion / Re: You know the famous quote about religion on: December 15, 2018, 11:48:49 AM

You know, the one that atheists use:

"I Just Believe in One Less God Than You Do"

I suddenly realised, it applies to crypto-currencies.

So, for all you btc fan boys that keep slagging of all other cryptos and have a go at me for mocking btc just remember.


"I just believe in one less shit-coin then you do"



Of course, time will prove me right with btc, if you're stupid enough to believe in religion too then you'll probably never work that one out.



Two different stories, but the fact the in crypto that we should only follow Bitcoin since all other coins depends on Bitcoin.
38  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Now is the time to invest into alt coin on: December 12, 2018, 07:38:09 PM
Alt coins keep dipping. Alt coins not even looked at. The forgotten. Only they talk about Bitcoin. We are here for crypto in general. Why not invest in something truly amazing while the bubble burst. RN my invest maybe up to 500$ will go into lisk, eth, and waves.. gl luck

We can't really know if this is the final dip of all the coins in cryptocurrency market but I do know that all coins are cheap and is way okay to buy now or regret it later.
39  Economy / Trading Discussion / Re: EMA's What ones do you use? on: December 12, 2018, 07:16:20 PM
I love the EMA's personally they tend to work for me when I'm in a trend.

Be interested to know what other people are using.

Personally, I am using the 8, 18, 50, 100 and 200 on my charts.

18 is a random one, seem to like it with a crossover on the 8.

Those indicators may work well on other trading platforms such as Forex and stocks. But there in crypto it would be so tricky to use since crypto is so volatile.
40  Alternate cryptocurrencies / Altcoin Discussion / Re: Stable coins the new way of scamming people? on: December 12, 2018, 07:04:09 PM
In recent years, the number of ico projects have been on the rise, where huge amounts of money have been collected together. This trend seems to be all over.
Stable coins are now a new trend. My feeling that this is going to be a new scam trend. I have no good thoughts at all.
Scammer who will print coins while they do not have that much money in fiat money or nothing at all. Many questions are open to me.

1. Who controls these companies if everything is fair?
2. Do these companies also have a kind of corporate council where coin holers are allowed to check the finances if everything is financially correct?
3. How should these companies make money, nobody works for free?
4. Why do they use stable coins when we are not needed? In the Netherlands we have a kind of coinsbase. Litebit. A company officially registered with the chamber of commerce. There you can sell crypto for euros but also for credits that you can buy back when you want.
5. Why do not these stable coins have a normal contact address?
6. Where is their office?
7. Why do not those stable coins have a phone number that you can call for questions?
8. Why are their registration data hidden from their domain name?
9. Why do not stable coins need ico to start something while almost all other coins want millions to start the simplest things?
10. Why do exchanges use their own name for their stable coins?
11. Why do not exchanges use a kind of system that you can sell for credits?
12. Technically speaking with normal currencies you have a winner and losers. In crypto the winners are this moment the stable coins. If bitcoin will rise enormously again, these will be the biggest losers. How can stable coins survive bitcoin rise again?

How I think about stable coins is not positive. I think we'll read more about that when suddenly companies have run off with all the money and everyone is left with something worthless.

what do you think?

As I see inside the cryptocurrency market that I don't see any stable coins, but when it does happen then maybe that is the time to make it a real currency.
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