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2761  Economy / Trading Discussion / Re: It’s very easy to trade Bitcoin on: January 05, 2020, 02:56:16 AM
now the next panic is starting on the market, because everyone is watching the next drop in bitcoin by more than 4 percent over the past day.  In fact, this is a very large decline in recent years, and at the same time on the eve of September, when the trading of bitcoin futures begins.  Perhaps speculation again?
and currently according to the news, states that according to the analysis of bollingerbands, bitcoin will still continue its downward trend, until support is reached at the $ 7500 price range. hopefully it doesn't happen, of course there will be more panic. and we must remain patient in dealing with it, if you still have capital, of course you can find the price to buy it

But, As per the current situation there is a halving that is coming up in 2020 and is it the right time to move out from Bitcoin? Even if we are choosing to move out then I think trade bitcoins for bch is the right choice.

Price prediction is a subjective thing

Why would you move out from bitcoin when you know that in some time there will be halving? I don't understand your logic, you are probably just shilling bch, but without some arguments. Personally I don't like bitcoin forks, I have some of them I got from forks,I sold big part and I left some, but without any plans for them. I don't like many things about bitcoin forks, but probably the constant argue and chaos between forks is what keeps me away from them. Anyway bitcoin was under 7000k, I miss a good buying opportunity, I thought it will sink a bit more but that didn't happen, now we are again over 7k and this is a good place for starting the year. I think soon we will go over 8k, probably in the next couple weeks.


One of the most profitable coins today is the bitcoin, and many people put their money on this just for investment because they know the potential of this coin to give a lot of profit in the future. Many people now are struggling about trading in bitcoin because most of the time, they are losing their money in just a single mistake in trading.  One of the keys to success in trading is to have a lot of knowledge in trading because it helps a lot what is the best idea to win trades even in a crucial situation. Trading also can test the patience of the trader because it takes a lot of time before they got their earning.
2762  Bitcoin / Bitcoin Discussion / Re: Why hasn't any altcoin replaced bitcoin? on: January 04, 2020, 04:48:38 PM
Actually altcoin was created as a complement to the bitcoin which is improving or presenting features that bitcoin doesn't have, but why hasn't any those coins replace it, well people trust bitcoin more than altcoin I think this is one of the reasons why they can't replace bitcoin at least for now, besides that altcoin still depends on bitcoin, people still trade altcoin for bitcoin or vice versa, it's hard to predict which altcoin will surpass bitcoin's price.
In the long run of cryptocurrency, bitcoin is one of the first coins created by a person called now as Satoshi Nakamoto, and the price of the bitcoin before is not valuable. However, still, people are using this coin to buy some things like money. After many years the price of the bitcoin growing up and gives a huge profit to the holders and they made looks like a duplicate of the bitcoin but not the same of it this we called now as alternative coins or the altcoins these coins are substitute to the bitcoin and today there are a lot of this. One thing why the altcoin cannot beat the price of the bitcoin because of the market price the altcoin must take a long year and becomes popular with the people to face the market price of the bitcoin.
2763  Bitcoin / Bitcoin Discussion / Re: Bitcoin and deep web on: January 04, 2020, 02:40:14 PM
Hello!

so i recently heard about the deep web, how it uses bitcoin and how the transactions made there are anonymus. to my current understanding of bitcoin every transaction is written in the blockchain and is known and can be seen by anyone. so my question is where is the anonymus transaction written? and why can't you see it?



Main concept of anonymity in bitcoin transaction is that there is no way you can know which address belongs to whom. Like I have a bitcoin address if I dont disclose that I m behind that address no one will get to know that I am using this address. This is very helpful for people like me who dont wanna disclose there ID

One way for you to be identified is when your coin get into an exchange, you are a user will have to comply to KYC law before you can withdraw your funds. You can stay anonymous behind a wallet address until you need a fiat as well because banks or any other gateway will ask mandatory KYC again.

One way they do it is to use the mixers but I'm not sure this time because exchanges today are going freeze your account when they find out the BTC you sent has history.  If you are going to deep web I think using the privacy coin like XMR will be safer for you.






The most common questions of the people now are what is deep web, how can we use the deep web and what kind of transaction happenings in the deep web. First, we are looking at what deep web is this a portal use to connect more in-depth into the internet world and on 9-10% of the information we are searching today. Still, the other percentage is we can seek inside the deep and dark web; this platform can only access by a different browser or application. Many people say this website Includes a lot of illegal things that we called now as a black market like anything you want to do is possible if you have a bitcoin. Bitcoin is the first coin of the deep and dark web; this is the commonly used currency as a payment for every transaction.
2764  Bitcoin / Bitcoin Discussion / Re: Sending Bitcoin over Bluetooth? on: January 04, 2020, 12:55:34 PM
It might be good, honestly, but do we think bluetooth technology is really effucient these days? Because allot of issues concerning bluetooth connecrion are there, to transfer information, you need to pair it first which I find the difficulty in sending money. People might turn out to go back to traditional fiats if that happens so, I better consider retaining the ways we have right now and focus on making the transaction speed even faster.
Good ideas when sending bitcoin using bletooth and keep upgrade their system of bitcoin become most valuable at the future where many people become easy for sending and receiving bitcoin in their wallet, without have internet they can make transaction with bitcoin very easy and want to accepted bitcoin with many countries at the future.


Bitcoin is encrypted with the use of hashing and a lot of algorithms to make sure all of the information and address of the transaction is secured.  Most of the time we are using websites or application to make sure the operation will be secured and no intereaction and to make it safe, If Bluetooth transaction using bitcoin will be created it is more convenient to send to the people near you. Still, it is hard to communicate with the other party because of the limited range of Bluetooth but if they improve this signal is better. This kind of actions very prone to hackers because they can use the internet and jamming the connection to get or receive the money and identify the transaction.
2765  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin still a people's currency? on: January 04, 2020, 11:31:06 AM
as I can see bitcoin is use by lots of people , specially the millenials if its keep on growing and other people use bitcoin, it will still peoples currency although there is chances that other tokens coins will compete with it because there is a lot of chance that it will happen, since being use by the community gives it a chance to be more  expensive

One of the most significant growing coin today is the bitcoin because before the value of this coin is not enough to buy anything. However, still, many people are trusting this coin and risk their money to invest. After a few years, the price of the bitcoin becomes one of the most profitable coins in the world of cryptocurrency. Many people now are asking how to becomes rich and millionaire with the use of bitcoin. Some traders use the old way of investment, they are trying to wait until they can if the price of the bitcoin will low until it becomes not valuable again, and then put all of their money to invest. Then they wait until the cost of the coin gives enormous funds to them.  But today, we have different trading techniques that we can use in bitcoin. Short term or long term investment, in the short term you are investing your money for a short period, and you will get it if you have a profit. Still, in a long time, trading is you are now put all of your money and buy bitcoin for a low value and wait until it becomes profitable.
2766  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin fail if Satoshi is found? on: January 04, 2020, 10:41:05 AM
Staoshi's presence to the public will surely impacts the market greatly and based from my perception, the likelihood of his appearance's efdect to the market is good, imagine if the creator of bitcoin unravels itself then we could have huge number of adopters to enter the market and many will rush to buy bitcoin just for the this reason. Thought it might be risky for the side of satoshi to appear in public because of his bitcoin hodlings.

I think the bitcoin will continuously run even they discovered Satoshi Nakamoto because he already created the bitcoin. By some instance many people see the potential of this coin for investment and a lot of people put their money on this, and by the time goes by the price of the bitcoin grows up and becomes more profitable. The coin becomes famous all over around the world, and now the cost of the bitcoin is enormous and gives a lot of money and profit to the people who want to use this coin and earn a lot of this. But still many people asking about what will happen if he will found I think one of the primary cause is the market price it depends on him how he manages the market value and the can manipulate the transactions using bitcoin.
2767  Economy / Gambling discussion / Re: Who are are your bet for this year's boxing fight of the year on: January 04, 2020, 09:05:21 AM
ESPN: Naoya Inoue-Nonito Donaire is the 2019 fight of the year.

Boxingscene: 2019 Fight of the Year: Golovkin-Derevyanchenko.

Inoue-Donaire is the fight of the year for me. Everyone says that Donaire doesn't have a chance against the Monster, but he almost pull it off. Although Inoue knock him down, Donaire really try to fought back and swing his left hook, unfortunately, it didn't land solidly. But Donaire broke Inoue's orbital bone in that fight, proving that he can still pull the trigger.
No doubt on that and i would vote on the same where Inoue and Donaire fight would be worthy to be the best fight for this year.
I do saw some nominees though which isnt bad either http://thecomeback.com/queensberryrules/2019-articles/2019-boxing-fight-of-the-year-nominees.html

I cant say that Donaire almost pull it off yet even he didnt go down he would still lose in points but that was really a good fight imho.

One of the biggest fights now I think it is the battle between the Filipino Dash Donaire versus. Inoue many people believe that the undefeated five-time champion still can conquer the arena and win the game. However, the fighter came from Japan did not hesitate to fight even the people think he is an underdog, still many people trust him to win and support the Japanese boxer, the fight continues. In the first rounds, the Inoue already gives a lot of uppercuts that cause a lot of damage to Donaire. A lot of people didn't expect that the underdog can beat a legendary boxer.
2768  Economy / Gambling discussion / Re: Crypto Gambling on Mobile Devices on: January 04, 2020, 02:28:07 AM
Yes, sometimes, I played games with my mobile phones, but mostly, I used my computer or laptop to play gambling because I can see the interface in a large viewing. I feel if I used a mobile phone to gamble or to play games, I am getting tired quickly, so I don't use my phone to play for a long time. Perhaps, we use mobile phones to play gambling or playing games when we are not in our home, and we have free time to play so we are not feeling bored.


One of the best adaptation in the gambling world today is gambling using a mobile phone. Way back, we are going into the casino to play gambling, but sometimes we don't have time to go to the gambling place. Still, other gambling houses decide to be more convenient, and by this, they convert the gambling into mobile devices so still many users will play even they are in their homes and play while having their rest time.
2769  Economy / Trading Discussion / Re: Buy bitcoin with credit card on: January 04, 2020, 01:18:44 AM
Is it really a matter of large volumes of bitcoin, then of course, hackers will hunt for the owner of this wallet and use any opportunities to gain access to funds.  But in other situations, when buying small volumes of Bitcoin, as well as other cryptocurrencies using my credit card, when using certain exchange resources, I don’t see much danger if the user protects his online wallet well.  The main thing is that this wallet should be, for example, on the blockchain info, and not in the account of some exchange.
Of course the smaller the amount the lower the risk and for single $50 transaction buying a hardware wallet may not be the best idea, but for $1000+ (unless you use it for immediate payment/you are a daily trader) this is possibly the best available solution.


One of the excellent improvements today of the websites and application is now they are supporting the use of bitcoin as payment but many people asking is credit card can use to buy bitcoin. The answer yes it is because of today most of the bank and platform now are supporting buying of bitcoin through credit card one this is the coinmama and the coinbase but the problem is it causes of higher transaction fee but still this is your decision if you want to buy using credit.
2770  Economy / Trading Discussion / Re: Best small exchanges that you really like on: January 03, 2020, 02:11:39 PM
Majority of people prefer like,Binanace,Bittrex,HitBtc,Gate io etc.Now a days i like also YOBIT a great platform with all options you need,Here you can trade,invest to earn daily,weekly and monthly.

YOBIT is also best for beginners to get daily free coins.YOBIT have easy and attractive interface can used by every one which also save time as well.


In my exploring in the world of cryptocurrency, I notice that some exchange platforms are created and have a lot of useful features too, and only a few traders know some of them. One of the exchanges i used before is the wave dex, and it has an application, it's just more likely a coinbase, but the most priority is the wave coin. Next is the yobit; this exchange platform looks like an expert option that all the details you needed are already there. It would help if you searched, and what coin do you want to exchange it supports a lot of different currency too even the dead and none popular coins.
2771  Economy / Trading Discussion / Re: Do traders spend crypto when they can? on: January 03, 2020, 11:56:14 AM
It depends on the trader how do they manage their money most of the time the people want to include in the world of cryptocurrency because they want to earn more money, and by this, they are putting their extra cash to hope to earn more income. If a trader already got a lot of profit on their investment still, it is a choice if they will continue to make more money using trading or gambling whenever they want or already pulling out their money and convert into fiat to put into business as capital. Still, we should both earn more money at the same time we have a stable job because of the company we made with the use of crypto and also continue receiving in cryptocurrency using trading.
2772  Economy / Trading Discussion / Re: 7 Things to Know to Become a Successful Crypto Trader on: January 03, 2020, 11:11:06 AM
I will just take number 4 to quote with.
This is really important.
Use your own money. If you don't have it then don't start at all

I think this is not really necessary, no one decides to engage on the exchange if they don't have any money. And nobody thinks about becoming a trader if they have no economic ability (money). Basically, only people with money think about investing in other things, maybe someone will think of margin mechanism on exchanges, but to be able, they need initial capital.

I doubt that, there were still some few people who wanted to become successful by becoming a crypto trader, they started with just limited amount of money, they are those people who were not contented with their life anymore and they wanted to change something, and I've known a lot of people who has nothing and now has everything.


In cryptocurrency trading, we have a different style and different story of how we start trading. Also, for me, one of the most important in cryptocurrency trading is an investment. Make sure you know all the things you needed before you enter into the crypto world it has a lot of path, technique, and skills to be gain before to be a successful trader.  If you still doubt some trials support the beginners in trading, grab this opportunity to learn a lot of things by those free pieces of training.  Learning is the most powerful thing that you must have that always keeps updated what is happening in the market, so you will know when is the right time to buy and sell your coins.
2773  Economy / Trading Discussion / Re: Profitability of Trading Bots on: January 03, 2020, 09:52:00 AM
I don't think anybody would consistently gain profits just by using a trading bot. It needs some effort too to get regular profits.
I think trading bots need regular tinkering in the way it works. Bots are meant to work in the same way until their algorithm is changed.
The trend keeps changing from time to time and so it becomes a necessity to adjust the algorithm to earn better profits.

Trading bots are not AIs that can make a decision with itself but it is rather just an extension of the trader's style. Trading bots are not adaptive, it is just basically a set up goal by the trader on which the result is still unknown if it will fail or succeed. I'd rather trade manually than using bots since it is just the same but I recommend bot if you guys want to trade and do other work simultaneously.


We are now struggling in trading with a different issue like, if we have a stable job and using the cryptocurrency trading for extra income, we don't have too much time to be updated what is happening in the market. Most of us want to find an alternative strategy to we keep earning a lot of money while we don't do anything, so that idea come up is to make a trading bot. This trading bot can identify when are the right time to buy and sell coins and get profit and the user without doing anything. Some problem of the cryptocurrency trading with a bot would be the algorithm if the programmer made a mistake on the program it may cause damage to your income and also it will make an unauthorised trade. But still, we are trading at our own risk it depends on you what you will prefer for trading.
2774  Economy / Trading Discussion / Re: Reasons for traders to look at! on: January 03, 2020, 08:34:48 AM
Partly disagree. Learning in any form of material is not a waste of time even if you can't fully utilize it. I agree that books alone are not enough to study trading.
In my case even though I have a background in trading, I usually buy some trading courses in Udemy since I'm very lazy to read books. It's more convenient watching
tutorials while I'm hands-on for the practice. I highly suggest taking a trading course in addition to self-learning skills. It's really nice to have additional knowledge from PRO.
Books alone is not enough but still we can learn a lot of knowledge in books. I have different sources of information about trading and it is books, articles, blogs, youtube videos and specially this forum. One source of knowledge is not good, we should have different sources of knowledge in order for us to become intelligent trader. I often read books and there are a lot of trading setups that I learned and for me it is effective to use.

Books are important but without a teacher, it will be more difficult. Sometimes we often get lost in learning, well that's because without guidance, learning with videos, books, etc. will surely encounter many problems in understanding, therefore we need people who are able to guide in learning as well as the existence of this forum that can help all members in learning about bitcoin.


In terms of trading, we have two different kinds first is the Forex trading or the Foreign Exchange Market. This trading of different currency that came from a different country and many people use this as an investment of real money into a different currency. Next is the cryptocurrency trading, in this trading, we have different currencies too, but we called them as coins we have the bitcoin and alternative coins or altcoins like Ripple (XRP), litecoin(LTC), and many more. That trading process is both productive, and you can earn a lot of money, but the difference is the money they are using in forex we use real currency, but in crypto trading, we use the coins.
2775  Bitcoin / Bitcoin Discussion / Re: Earning Interest with Bitcoin? on: January 03, 2020, 07:35:29 AM
Is this possible?  Example you lend bitcoin to something similar to like a bank and they give you interest on it?  Like how now they give you 2% interest?


I heard binance is doing something similar like that but it was like 10%? 

Too risky in my opinion if they offer a very high interest, then it could fall into something like an HYIP, and there's also a risk of the site running away with your Bitcoin, we have a lending section here you can offer to lend people but only trusted people with collateral, your Bitcoin will grow so why give it to others just kept it in your wallet.
And another thing is what if the value of bitcoin decrease so what will happen to your money it will also decrease its value.  He can use fiat instead bitcoin if you want he want to lend money. If he is prefer to lose the value of what he want to lend then he can continue.

It is possible today that you can earn more money with the use of interest because now many website or other platforms that support the of cryptocurrency advertise their users to try to invest in their business because some of them are offering for over ten percent interest from different coins but still it takes a month to earn your interest or profit. Still, even this kind of technique may help to improve the coins do we have.
2776  Bitcoin / Bitcoin Discussion / Re: Will China Accept Bitcoin As A Currency? on: January 03, 2020, 06:30:14 AM
One of the main reasons is the ongoing economic conflict between the united state and China, though I believe China is softening ground on adoption of cryptography. If the two country question still persists, China will have to look for an alternative to the USD in order to conduct trade there. I think they're most likely going to legalise and then adopt crypto. Hopefully that is going to pump the price hard



One of the biggest improving investment today is the cryptocurrency many people want to join in this community because they know the potential of these coins that will give them a lot of possible income to use. Many countries today are already accepting the use of cryptocurrency, one of the biggest countries today supports the use of bitcoin, and this is china. The president of china endorses the use of bitcoin today, and it depends on the government if they accept the use of bitcoin and other cryptocurrencies as a payment to their country. Still, they are developing what kind of problems can cause of crypto to ease the transactions for all over their land.
2777  Bitcoin / Bitcoin Discussion / Re: How we can introduce bitcoin to local people on: January 03, 2020, 05:19:28 AM
Introducing new people into cryptocurrencies is raelly hard task. They do not have prior knowledge and they will not easily understand the information about cryptocurrency. A person who want to introduce bitcoin to others should have good communication skills and have high patience, it is expected that many audience will feel cringed after they first heard the bitcoin. But if the fully understand what it is, then it has a high chance that they will adopt it.

Before the price of the bitcoin does not catch any attention to the community. But by the time goes by the amount of the bitcoin is going rise and becomes profitable and this is good for the community. But only a few people see the potential of this coin. From the previous year of the bitcoin becomes accessible, and many people got Invested in this. However, still, there are few people scared to use bitcoin and other cryptocurrencies because they think it is illegal and many people use these coins for crimes, but they don't know they can properly use this and can help them to earn. To introduce people to cryptocurrency help them and teach them how does cryptocurrency works and also how they can make a lot of money for this.
2778  Bitcoin / Bitcoin Discussion / Re: If You Bought Bitcoin Each Week in 2019, You’d Be up 49% on: January 02, 2020, 02:45:29 PM


if you would have bought bitcoin in June 2019 and held it until now...
you would still have the very same bitcoin.

Stop looking at Bitcoin as a FIAT amount.

DOLLAR COST AVERAGING - buying at any and every price will create
an average cost, i have bought at $12k, $10k and all the way as low as
$6500 in 2019.

https://www.google.com/amp/s/investinganswers.com/dictionary/d/dollar-cost-averaging%3famp

I am looking at bitcoins VALUE as an investment.   Fiat is pretty stable, but anyway you look at it, FIAT US Dollars, Gold, Rent, Food, or anything else you buy, you have to value bitcoin in what you can purchase with it.  A bitcoin in itself has ZERO use or value beyond what you can convert it into.

FACT:   If you purchased bitcoin starting in JUNE 2019 and dollar averaged it, you would have lost almost half your money 😣😣😣

Cherry picking the perfect date and price in the past, and then saying this is a reason to buy now is utterly dishonest, useless, and deceptive.  The only thing that matters for those holding or purchasing now is how much bitcoin will go up or down from TODAY.

Hard Facts




In cryptocurrency, bitcoin is the one suitable for a long term investment, and many people now are still buying this coin even it takes a long time before they will get their profit. As a trader, we must keep updated what is happening in the market to be aware when is the right time to buy and sell our coin. One of the excellent trading technique is to buy bitcoin when the price is low. From the previous year, the bitcoin price goes up for over 14 thousand dollars, and it is enormous in the middle of the month of 2019, but before the year ends, the cost of the bitcoin slowly going down. Then this is the excellent opportunity for investment.
2779  Economy / Trading Discussion / Re: What are the general issues/problems do traders or investors usually face during on: January 02, 2020, 01:19:14 PM
The problem that most traders in this market care about is profit. They always want to make a profit in this market quickly and that has led many investors to be impatient and buy worthless shitcoins in the hope that its price will quickly increase in price when the bull market begins. In addition, security issues also cause many traders and investors to fear because in 2019, there have been many hackers and caused many exchanges to lose tens of millions of dollars.

On this year of 2020, many people are hoping that the price of the bitcoin will be right back and gives a considerable profit to the people who already invested a lot of money. But before the year 2019 end, the price of the bitcoin is very stable for over 7200, and this time the cost of the bitcoin falls again in 7200, and many people now are afraid if it will go back for over 600 again. But still, it's just the start of 2020. Many things will happen, and many people now are predicting that the price of the bitcoin and other coins will be back in the middle of the month of 2020.
2780  Bitcoin / Bitcoin Discussion / Re: My Bitcoin experience in 2019 on: January 02, 2020, 09:27:19 AM
Hey I'm back. haven't been on the forum for 1.5 yrs. Been on Twitter. But yeh 2019 was a good year for me in crypto.  1. I had too much in alt coins ,tron, and didn't gain much of it. My stack went all the way up. From btc. Then I saw my stack crashed down lol. It was amazing. But yeh still got a chunk back from hodling in 2017. I have been buying the whole year from 11k down. Little by little. I stayed for the 2020, 100k price well that didn't happen. Let's see the halvening now. Also stayed for the 1 million price prediction. I feel stocks is running n gunning at a good pace. But I'm still stacking satoshis.

Surely altcoins in the market have low demands in this cryptocurrency community for sure, even my altcoins investment didn't have a good profit in this year i think the altcoins just cannot be compared to the real bitcoin since it was just an alternative for bitcoin. I think 100k price could still happen when it comes to bitcoin since it is slowly recovering and just getting started in the coming years surely price might increase and soon going to surpass the ATH price in the market for sure if that didn't happened bitcoin will be dead.


In the previous year of bitcoin and another cryptocurrency, it shows an excellent marketable profit to all of the users. Still, today on the second day of 2020, the price slowly falling, and this is a good sign and opportunity for the investor; by this, many people now are holding their coins and going for a panic selling to secured their potential money. Many investors are now waiting for the middle of the month of 2020 because they are already predicted that the price of the market is ready to bump again with high valued money of bitcoin and altcoins.
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