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261  Economy / Economics / Re: The panic seller irony on: July 21, 2018, 03:31:57 PM
Well, they sold today at at the dip near the $4000 double bottom.

The irony is, these casuals are the ones that are always complaining about how it's unfair that BTC is distributed in the hands of few whales, YET, they are the ones that constantly panicsell and give their cheap BTC back to these same hands they are complaining about, because guess who is profiting the most on these dumps: whales. They buy lots of cheap BTC.


Well of course. The greed. The triggering factor of the cryptocurrency. Why would they even bother investing in here for the first time? Quite a story, by the way. I wonder if these are simply naive people in investment. Haven't they made a slight comparison between investing in the stock market and in cryptocurrency?

PS. That must've hurt a lot.
262  Economy / Speculation / Re: What's right time to buy bitcoin? on: July 21, 2018, 03:27:38 PM
I don't know what will be the price this week. It depends whether the bearish market is really over or it is just taking a break from being bearish. It is still a good time to buy though since it wasn't that much yet of an increase, at least in our local currency. You could still buy right now, before you miss it. From my personal judgement, you still have at least few more weeks to get the best buy.
263  Economy / Trading Discussion / Re: What's your favorite exchange? on: July 21, 2018, 03:09:56 PM
I use Binance most of the time, for burst investment from my savings. They have fair to great rates in the market. Being a sidetrader, KYC won't be that much issue from me because I don't withdraw that much of large profits within a day. Sometimes I use EtherDelta due to its convenience to allow you to import your MEW to the site without the need of sending the tokens manually to the deposit address. They don't always have good rates at bearish times, but the convenience it give is practically applicable for me as a side trader in terms of time.
264  Economy / Trading Discussion / Re: How to get rid of emotions when trading on: July 21, 2018, 02:52:35 PM
I'm not trying to spoil the party, but if after hundreds of years of traditional trading history people still haven't figured out how to deal with emotions, they never will.

Markets consist of 90% emotion based traders, 5% skilled traders, 5% market makers not needing anything other than their capital and technological advantage to profit. The percentages are rough numbers since it can't be measured precisely, but it is somewhere along these percentages. Average joe type of people just need to accept that they inherently are destined to lose.

The only way for average joe people to profit is by luck.

I won't even get myself out of this. I am inside of those 90% even though trading is my sideline. I am using my profits from trading just for the sake of additional allowance. Maybe that is still purely a reason, I don't know. But the idea is I am not getting the most of my profit. I ain't getting much time to quantify those percentages into solid increases of my portfolio.

Reduce the time spent watching the price of coins you keep, if you regularly watch them, you will worry and stress. So you will not be patient.

Good idea, but you can never avoid the guts to take a gamble looking at the price. Previously, I was satisfied by the burst increase of BTC from 6.5 or 6.7 to 7.4k USD/BTC. It is unavoidable, but a good discipline to try though.
265  Economy / Trading Discussion / Re: is 10% a week posible on: July 21, 2018, 02:30:15 PM
Expecting a lot from BTC won't lead you to your 10% that easily. You're gonna pay with probabilities a lot. Go with the strong coins in the market. It isn't gonna be easy day for you to choose what are those coins exactly, especially if the bearish trend is still on the run, since BTC, at times, becomes like the path to buy some of these altcoins in the market, so there is a bit of a probability that the strength in gains of these coins will depend on the gains of BTC with just a bit of differences in increases.
266  Economy / Trading Discussion / Re: 2 tips in trading for beginners on: July 21, 2018, 02:22:11 PM
Well those things could just simply be wrapped up into just, "Buy at low, sell at high". It is a simple rule yet to be simply neglected with just simple click of a mouse or touchpad or whatever device you're using, due to emotional factors. Even the philosophical saying "Reason over Emotion" becomes so easily neglected.
1st) the first way is that you check his team membars, and contact them,

What the heck are you talking about?
267  Economy / Trading Discussion / Re: Where to study trading and technical analysis? on: July 21, 2018, 02:13:28 PM is like the encyclopedia for trading, it also has some good stuff on bitcoin trading. what you need to know is that bitcoin trading is not that different from regular trading, it is the same in a smaller market/smaller scale. so try googling general topics about trading and try using Youtube to find some videos and watch them.

As what pooya87 stated, I had never visited this site quite often but through terms and its definition, it would likely help you a lot since trading comes up with its own buzzword that people outside of it won't understand or simply will understand it in different way. Just like the word "HODL". People will simply take it as hold, but for what?
268  Economy / Marketplace / Re: Which one do you choose? on: July 18, 2018, 07:11:03 PM
Many of us use bitcoin only in exchange/trading site, while bitcoin should be more used in marketplace/online shop. Which one do you choose? Do you prefer to use bitcoin on a trading site or marketplace/online shop? And why do you chose that?

Why not both? I mean, is there something gonna really stop us in choosing both? Price is the factor that primarily makes it largely traded in the market and its capability of being transferred becomes the factor for it to be used in online shop, the issue is the volatility though when we're gonna talk about the profitability of a company using it. There is no way that it will stop being traded in exchange sites, just because its price might get stable at some point or at some time. It is just like any currency being exchanged in foreign country.
269  Economy / Trading Discussion / Re: Bitcoin security is safe now? on: July 18, 2018, 07:00:45 PM
Why would people lazily leave their funds in exchanges in the first place anyways? What is the point of it? To avoid receiving fees for the deposit fees that are needed? It is entirely 50/50 decision that would lead to a 100% of something not probably gonna happen. I had left few tokens in some exchanges like EtherDelta, but they were just half a token in its composition and I just leave it as a dying investment anyway since I sold it all out when the token I was holding peaked.

I think it's safe, because bitcoin users do not violate the rules, and managers often surve bitcoin users.

What the heck are you talking about?
270  Economy / Trading Discussion / Re: How trade safely without any loss on: July 18, 2018, 06:52:40 PM
To trade safely without any loss means not to trade at all Smiley
Most of those, who expressed their opinions here are right: any business or investment involves risks and losses. The only thing we can do is to minimize risks and act wisely.

What do you exactly mean by this? Luck could happen though, while I still agree that you cannot trade without losses because of its instability but that is quite relative on how you put up your strategy. You might not be able to eliminate or erase all the risk but you can manage/reduce it into bits by putting up times when you should buy or sell. There is such discipline with every strategy you make obviously.
271  Bitcoin / Bitcoin Discussion / Re: Bitcoin and cryptocurrency, between legal and illegal in the world? on: July 18, 2018, 06:17:48 PM
The development of cryptocurrency is better from time to time. In many countries, many have inaugurated crypto currency as a legitimate paying tool. Although there are also countries that openly banned cryptocurrency. This becomes very interesting to be listened to by us. Then, personally, I want to know what you think of all that? Will at any time cryptocurrency be a legal and legal world currency in all countries? Or perhaps during that time, cryptocurrency is strictly prohibited in all countries of the world?

Again and again. Bitcoin getting banned. Crypto getting banned. These topics never end, like give some time to research though before you post. Bitcoin is being banned because government technically thinks that it would be simply be used in such illegal ways.
Are you familiar with the Dark web? Those things happening there? I think knowing about what is happening inside the dark net or dark web will surely give you answer. Time for some research, I suppose.
272  Economy / Trading Discussion / Re: Altcoin price based on bitcoin price? on: July 18, 2018, 06:14:10 PM

Since the creation of alternate coins (altcoins) were based on bitcoin itself (which was the first cryptocurrency ever), some altcoins have this direct-proportional relationship with its market value with bitcoin. If a country prohibits the utilization and use of bitcoin, this implies that altcoins would soon follow the trend and eventually lose its value slowly. Although this happens frequently in the market, some altcoins have their established values which are separated from the events happening in bitcoin (i.e. Ethereum).


Most of the time it happens but there are some altcoins that show green positive remarks despite bitcoin falling down in the market. I think that the reason on why that happened is due to some prohibitions made to bitcoin that resulted to some investors shifting their interest towards another coin.

I agree with this. In certain methods of buying some altcoins, people tend to buy Bitcoin first before going through altcoins. I also agree that altcoin can be independent in its market value especially to those coins that have started to gain investor outside of the internet. It is a good way to get some independent earning away from Bitcoin or ETH, rather than force people to invest using credit cards or BTC/ETH.
273  Economy / Economics / Re: What profit has brought you to bitcoin? on: July 18, 2018, 05:57:02 PM
What is bitcoin? This is the first cryptocurrency that Satoshi Nakamoto opened to the world in 2009. And if even before 2011 it was used exclusively by programmers, then later it became available to ordinary users. Over time, more and more users of the Internet began to learn about it and investments in bitcoin only increase every year. There were times when the value of this cryptocurrency did not move from a dead point for a long time, as well as there were sharp UPS and downs.
It is interesting to know how many people have known about bitcoin since 2009 and how long have you been investing in bitcoin?
What percentage of the profits is brought to you by early investments in bitcoin?

It is just like stock market providing us certain shares but here it is mostly measured by percentages of increase. We all know that this is almost to entirely different to how the stock market gives us profit.

Actually im only a beginner here and this is my first time to join bounty campaign so i don't have profit yet. But the profits of my friends really brought me here i just want to try and i want to earn money here like them.

Bounty isn't an earning to Bitcoin. You are earning just because of its value. You could earn from it from ICO because there were investors in that particular project and it just happens to pay you out. It is just about building up the value of the current token you already have. You could just earn cents from a shitcoin at times.
274  Economy / Economics / Re: Can human stupidity affect the movement of the market? on: July 18, 2018, 05:50:44 PM
-snip- Political, economic and social news in the media significantly affect the life and behavior of the crowd. -snip-

Yes. The reaction is the stupidity like the panicking throughout some FUDs that they didn't even hesitate or think thoroughly to panic at. I mean it is suppose to have competitors. They tend to believe that the competition exists inside the market only while they're not even considering how large of an impact a single crypto could be in the physical world of businesses and even the stock markets. Even Bill Gates, that many people believe at, makes them leave crypto on how logical his decision to not invest in here.
275  Economy / Economics / Re: How to be rich ? Follow this Lifestyle & Soon you will be rich . on: July 18, 2018, 05:20:51 PM
4)Start your own business

Even with just a small cents that you can start to earn, this will make you rich. The usual Chinese mindset when it comes to earning money, they tend to earn then gamble it with a lot of businesses which practically isn't really a bad idea. Even some of them tend to expand their earning throughout different countries with the products they made from their home country.
276  Economy / Economics / Re: Does Bitcoin affect world trade? on: July 18, 2018, 04:39:47 PM
In this physical world trade, for now, no. But now since it has been digital asset that can be transferred throughout the world that it made it an independent economy having its own world trade. The imports and exports of physical goods weren't being touched by any crypto yet as of now since it is primarily regulated by the government through import taxes.
277  Bitcoin / Bitcoin Discussion / Re: Transfered 48500 BTC yesterday :) on: July 18, 2018, 03:44:15 PM
Who knows who could it be? I mean it could an established company that intends to make cash into digital asset. It is not a problem or something that we should worry about it anyway because they're just using it the way it should be used. It is just that fair of an enterprise if its asset measures this high though.
I wouldn't expect that this would be the same issue as that anonymous trader that just bough a large amount of Bitcoin on the first quarter of this year though.
278  Economy / Speculation / Re: Will BTC reach 10k$ at this time? on: July 18, 2018, 01:26:10 PM
I just slept for almost 10 hours and then when I woke up the price when from 6.5k to 7.4k. I wasn't even expecting that it is gonna move for about 5% at least. But look at where are we now. It isn't a large of a gain but it is already noticeable increase. It wasn't that typical breakeven in movement. For 10k, however, we are still yet to feel how the market will go next week. If it does the exact opposite, we're not yet there.
279  Bitcoin / Bitcoin Discussion / Re: Why is Bill Gate against investing into bitcoin? on: July 17, 2018, 05:21:23 PM
Most rich people like Bill Gates and Warren Buffet are against investing in bitcoin or cryptocurrencies in general because of the huge risks due to heavy volatility. I'm very bullish on bitcoin and cryptocurrencies, but it's indeed a huge gamble. "Moon" and "lambo" gains aren't guaranteed. We're just pretty much speculating and hoping that it would indeed rise to very high prices.

Exactly. Everything pretty much rolls out in a dice on how people will earn. Although people are predicting that whales are the reason for these kinds of movements, they aren't really aware for at least even 60% on what they're really talking about. Bill Gates wouldn't throw in so much in cryptocurrency and he puts up in a charity programs instead. He isn't into playing by the roll of the dice.
280  Economy / Economics / Re: The Reason For Creating a New Cryptocurrency? on: July 17, 2018, 05:03:34 PM
It is related to how stock market does. People think it in front as another way of getting income but while behind it is a company running its cycle of life throughout the year and operating their usual procedure. It is another way of making the crypto company gaining investors while also gaining out from their investors as a way to boost their operation and give shares or dividends to those who had bought their tokens. There will always be new crypto coming out as blockchain technology is continuously being utilized in such ways, just like how it applies in our real world out here.
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