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421  Economy / Economics / Re: Is Bitcoin Worth To Be Currency? on: July 26, 2018, 03:52:28 PM
Let's look at one by one the money function on bitcoin for more details. First, as a medium of exchange. Bitcoin has no intrinsic value, so its value will depend largely on its usefulness in the economy or consumption. But in reality, today is still very small parties who use bitcoin in everyday life to make various payments. Few traders (merchants) are willing to accept bitcoin. Some countries such as Japan, for example, allow bitcoin to be used as a means of payment (not as legal tender or legal currency). But if we go to Japan, just a few, not to say very little, the store is willing to accept payment with bitcoin. Especially in other countries, including Indonesia. In other words, payments using bitcoins are currently very rare.

It has been already mentioned in the news that Bitcoin has been recognized in Japan as a legal currency. As what you had said that there are still little amount of stores accepting Bitcoin as a payment method. Maybe this is still the issue do the price itself. Japan is so much more than ready to accept cryptocurrency. It might name an age, like "Crypto Age" or "Post Coin Age". The price to be recognized as an income for stores in Japan is still not applicable yet, in my opinion, because of how unstable the price it has. Most people will simply sell Bitcoin into fiat cash. Most stores seems to step back away from embracing crypto for now.
422  Economy / Speculation / Re: Do you still believe in btc price predictions? on: July 26, 2018, 03:41:35 PM
There are others that predict the price from their own trading strategy and there are simply those who doesn't have reason to hold on their coin and simply sell it or panic sell into it when FUDs come out from the news. I am one of those who just sell BTC in accordance of my need, as a part-time trader. I don't really listen to the news happening that much and cryptos aren't that even popular in my country. It is almost like once to thrice in 1 year that cryptos come out in our local news.
423  Economy / Economics / Re: Greediness leads to market manipulation. on: July 26, 2018, 03:23:55 PM
It doesn't necessarily leads to that. People who doesn't have the means to move a market, no matter how greedy they are, they can't and won't be able to manipulate anything on that particular coin. If ever, greediness often leads to losses, as was evidenced by the previous bull run when everyone thought bitcoin's price would still climb higher than $19k. I've seen a lot of people hoarding loads of newly-created coins to hit the exchange only to be greeted by disappointment due to greediness.

While some speculate the manipulation of the market due to whales coming in, due to the increasing demand. Many other coins are being led to just a simple pump and dump coins where a lot of traders might feel that it is kinda unfair at times when they tend to wait for it to pump up even more higher. It has now yet becoming more unstable on how the market will go sometimes, maybe due to it being global and everyone could invest or buy any amount of coins they desire even if it causes rarity in the supply of the coin.
424  Economy / Economics / Re: What are your plans for the next 5 years in Finance? on: July 26, 2018, 03:15:56 PM
Not like I would stay in my comfort zone in my finances which my current income will most likely to be from my job. Get every opportunity as I can whether it is gonna lead to a passive income or not, it does not matter as long as it brings up good opportunity. I'll be planning to rebuild my portfolio after my margin from investment has been reached. There still more though:

- It isn't just gonna be investment in cryptocurrency. Why not in stock market, right?

- Offering a part-time services. It is gonna be like a bounty hunting.
425  Economy / Trading Discussion / Re: Altcoins and bitcoin - Where is the good investment now? on: July 26, 2018, 03:08:47 PM
In every bull pause that BTC gets try to get that opportunity to get some altcoins. It will give you good profits since it mostly follows up the price that BTC gets. It now has its bull paused for a while but we're surely gonna push even more after this.
426  Economy / Trading Discussion / Re: What are the reasons why you must take risk in crypto market? on: July 24, 2018, 02:36:12 PM
Not like every risk is always gonna be next to profits though. There are various reasons to consider why is it really good to take the risk in crypto market.

- The risk can either be fruitful or simply a disaster, if you cannot manage it properly.
- Just like in stock market, the opportunity is a spread out. Invest anywhere you want, not all can guarantee your profit or the profitability though but the opportunity is always gonna be there. Risk pays out, bud.
- It is two way use. It isn't just an investment, you could use crypto to transfer funds which brings out the most of convenience.
427  Economy / Trading Discussion / Re: Buy This Dip or Wait ? on: July 24, 2018, 02:12:11 PM
As of this week's current increase, it is time to wait even more. It might leave the floor now anytime soon. The increases isn't that slow, so getting the maximum increase out of it will surely be satisfying. A ride back to 20k? Well I won't expect too much. You can still buy, but you should narrow the scale starting now. Maximize the opportunities you can get in this run.
428  Economy / Trading Discussion / Re: Big gains come with big losses on: July 24, 2018, 02:06:51 PM
To everyone complaining about the current situation crypto is in or questioning why its happening you need to keep in mind that if something triples in price in a relatively short period of time, it can crash just as hard in the same period of time.  I remember when eth had its climb up $1400 people were ecstatic and they thought that we were never gonna see sub $1k eth again when just a few months ago eth was just $300.  This greed brought on by the price influxes is blinding people from the reality that crypto prices cant keep going up forever.

I agree, and that is especially true in this market. It's not a new thing anymore that before you get wins, you get losses and lots of it. I say that because the market is becoming especially difficult nowadays to succeed in; it's not impossible, but just difficult due to certain factors that keep affects the values and price point of the coins, plus how they unfold as well. However, if one is truly a serious investor or trader, no matter how many losses you encounter, you would not lose hope and keep at it. Just be patient mate!

It is unavoidable to be honest, but being the new person to be a part of this actively trading market should at least have the basics to lessen the risks involved in this market from the instability of the price. This is gonna be a serious management of emotions in business. Expectations might arise from new traders in here which should be mostly avoided.
429  Economy / Reputation / Re: My collection of merit abusers on: July 23, 2018, 03:34:40 PM
Reason for suspect :

a) Exchange of merits (though on small scale) :;u=1241585

Simply sending and receiving two merits is nothing to be suspicious of.

b) Both applied in same campaign recently and thus have same signature:

This isn't enough in proving the link between the two accounts. Dig deeper by finding the transactions between the addresses they currently use in the campaign or in previous campaigns.

c) Usernames are: intoy_victor   and Daboy_Lyle which look similar

Just a simple underscore doesn't prove anything. Their names aren't that even similar at some point.

Either lock this thread until you find a solid evidence, or simply delete it if you can't find anything.
Instead of creating a new thread for these kind of accusations, just simply report it in here Known Alts of any-one - A User Generated List Mk III (2018 Q3) if you can prove the links of their accounts through ETH/BTC addresses. If it is a merit abuse accusations, simply report it in here (List)Suspected users that are abusing merit 3.0 but judging by your accusation in their merit exchange, it is just gonna be a waste of time for you to make a report.

430  Economy / Trading Discussion / Re: What about your trade? on: July 23, 2018, 02:56:46 PM
Just a side trader, looking back and forth to the price of the coin I am currently investing at. Nothing more much special to be expected. I randomly sell coins when BTC looks good, due to some occasional correlation on the price increase that BTC is getting over the other coins in the market. Sometimes BTC tends to lend some few percentage of increase at some coins although the relativity is quite that far.
431  Economy / Trading Discussion / Re: Do you think that the price is fully manipulated? on: July 21, 2018, 03:52:28 PM
I think that it was really strange that in January when BTC went down all big cryptocurrency exchanges closed registration for new members and they opened it only when the price was low. Then at spring when the downtrend was broken(7000$) there were many news that cryptocurrency now will go up! But whales just made big shorts at 10 000 $and all the news said that cryptocurrency won't go up for along time and market went down to current position.

Demand has a big role in the pump, but the property of being unstable itself is still a factor to this manipulation, so we can't really put it in a way that whales always control the market although the contribution for their investments in quantifying matter is really high. Even the non-whales like the panic sellers becomes a large factor in rubbing the salt into the emotional wounds of a common trader here.
432  Economy / Economics / Re: Confirmed, bull run begins now, what expectations? on: July 21, 2018, 03:47:53 PM
I would like to see your citation on where did you get this news exactly. I won't go for deep searching for this. Anyways if it is really confirmed, I would buy now before the run is gonna be rapid. Last dip, it was like stuck or stabilized in a line. It was the good time to hoard in Bitcoin. I think the tickets to the train would start to pay off slowly, if *again* this is confirmed.
433  Economy / Economics / Re: [ASK] How are you going to handle too much debt? on: July 21, 2018, 03:44:20 PM
You could have a good debt or bad debts. Bad debts would be mostly your debts to get what you want instead of what you needed in simple way. Why would you even get too much debts in the first place? Except that your company has low solvency, which you and the other stockholders could handle systematically through conferences. Solely handling too much debts will suck. It is gonna be a strictly applied discipline to what you will buy here and out. You're gonna prioritize in paying the most needed things in your assets. It is in a basic hierarchical structure like Maslow's and you should know that. 
434  Other / Off-topic / Re: Most unemployed graduates shy to start a small trade. on: July 21, 2018, 03:37:26 PM
~Most of them tell me that they are so shy about people insulting them that after university,they are selling at the street.I just smile at them and move on.

What the heck is that reason? Is shyness still an issue at that time or at that level? This is practical life we're now talking about. There is no time for that kind of emotion of embarrassment and such. Do they still give a crap about what will people think of them or what they currently do? They'll keep eating bits, if they keep showing their tolerance of that kind emotion. Do not give them any amounts of money, instead give them opportunity to be initiative.
435  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.
436  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.
437  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.
438  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.
439  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.
440  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?
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