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1821  Bitcoin / Bitcoin Discussion / Re: bitcoin is ...... ? What does your auto fill suggest ? on: June 05, 2020, 01:21:57 PM
In my autofill search result it was 'Bitcoin is dead' at the first place in the search results. I highly doubt that bitcoin is dead, there were a lot of competitors of bitcoin after the launch of bitcoin and many of those projects were also having better features than bitcoin, but with time everything become clear and still bitcoin is the best of all cryptocurrencies. The next result was "bitcoin is legal" followed by 'Bitcoin is anonymous' and everyone knows that bitcoin is anonymous and it is legal in many countries.
1822  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Why is Telegram associated with fraudsters on: June 04, 2020, 11:50:37 AM
Telegram isn't really associated with fraudster,unless I don't get your point, but like every social media platform, we find scammers or fraudster everywhere, but for crypto it's very large and accommodating,with some good advantages,also if you are a telegram user try to be careful of those scammers using telegram to carry out their activities.
in fact, so many fraudsters who use telegrams to find investors. Well, as far as I know, so many messages like that come in, especially when you try to discuss it with a famous group. there will be some people who try to become investors, even administrators of a project to withdraw the money you have. Well, I think it's because the telegram is easy to use.
Because most people in this market use telegram. So scammer is trying to get in here to deceive investors, I use telegram every day and I get lots of messages from scammer. There is no way to remove scammer from this market
What Telegram needs is a trust system just like bitcointalk and most of the problems will then be solved as users will easily be able to differentiate between a scammer and a legit seller who is old and trusted. Without any trust reason or some kind of filter there isn't any way on telegram to deal safely. Now a days there are an increased number of the escrows based on telegram and it have become easier to make a deal with the escrow in between the buyer and the seller as there is no need of any trust between the buyer and seller, all they need is to mutually trust the escrow.
1823  Bitcoin / Bitcoin Discussion / Re: Bitcoin hits $10k, Coinbase goes down (again) on: June 04, 2020, 11:27:32 AM
LOL! This always happen when the price is starting to gain traction, I remember the exchange we are using in our country, the maintenance happens every time at the very short notice.

The naysayers says that this is happening because they are not going to profit from it. Care to explain?
This wasn't a maintenance job for which the exchange was brought down. It was more of a server crash because of the high number of people coming on the exchange than the server could handle at a time due to which the server crashed. I believe they should upgrade their servers or if these kinds of problems keep on arising in the future related to coinbase then I am pretty sure that their users will definitely find an alternative of coinbase with better features and up-time.
1824  Economy / Trading Discussion / Re: Trading is based on probability. on: June 03, 2020, 02:35:42 PM
A lot of people do not want agree that surviving in the market today requires every trader to come to terms that they are trading on probability and at every moment of the trade there are series of different possible outcomes.

As a trader, the best you can do is find the most likely scenario based on the data you have and understanding the risk involved too.
Choose the best probable outcomes that favors you to avoid stories as rekt.
Yes absolutely! Trading is based on probability, just like everything else is based on probability in our day to day life. This is the sole reason that people do so much analysis of the past events in trading to look for the possible outcome of the future, if calculated inaccurately then the result becomes unprofitable for the trader.

Interesting.
Guess that is not the same as randomness because some price movements aren't that random. The word (probability) fit the market activities though.
I think you can still predict the market fairly ok with enough skills/experience. Charts can sometimes be predictable with their zigzaggy up & down price movements... More like "if the market dips, there is high probability/chances it will go back up"
But these charts are sometimes too much tempting that you think that you can easily win in that scenario but then everything goes south and you get yourself deep down shithole, that's the reason traders always do TA before taking any step.
1825  Economy / Speculation / Re: BTC Breaking historic resistance on: June 03, 2020, 01:59:05 PM
BooM: Bitcoin broke past the $10,000 psychological levels.

The price fell from $10,178.75 to $ 10,103.54 after breaking the historical resistance barrier at 10,000, but if the bulls take back control, we may see volatile day and a return to the levels of 11500 dollars.

The bad news:
Health support levels are $ 9,600 (4-hour SMA 10) and $ 9,200 (30-min SMA 50), Fibonacci 24.6% retracement level> Therefore, we are expected to return to these health levels, although I am optimistic about the continuation of the rise.

Source: Click here


It felt so good watching the bitcoin price go above the $10k mark after so long but as always it was short lived and the bears were dominant and took the price below $10k and is now trading at $9600 but still the price of $10k and above is achievable but the resistance above this price makes the price go down again. So now we can think that we are about to enter the bull market or we would still have to wait for the confirmation?? I guess in a couple of weeks the picture will be clear and we could also make our decision whether to short or long our bitcoins.
1826  Economy / Economics / Re: How can the corona virus end Faster and economy reopen on: June 03, 2020, 01:38:49 PM
So far, the corona virus have been a nightmare to the world and this needs more advanced tech to get stopped.
The corona virus is said to be in the air and has some limit of time to spend in the air.
But the virus keep spreading even if it cant spend long in air or anywhere.
After all the lockdowns in every country, the virus still keep spreading.

So, according to my opinion, I think there is a group of people behind this virus and the only faster way to stop it is by getting the people behind the spread.
As ive seen so far, I know there will be a technology for this and probably, blockchain tech might help also.
Corona virus pandemic is acting like it's gonna be around for long and this will affect a lot the world economy because this is like a kind of war.

Also do you have any idea from there?
The only way to stop the spread of corona virus is social distancing and complete lock-down. But the people are ignorant as always and don't follow the guidelines provided by the government. Also people break lock-down and roam around everywhere like there is no tomorrow even in the areas where the lockdown is implemented. If everyone stays at their own place for straight 2 to 3 weeks then surely the number of new corona cases will come to a cease and this will result in the end of corona.
1827  Economy / Gambling discussion / Re: Your Choice To Stay Longer Online Or Casinos on: June 03, 2020, 01:11:42 PM
If there is an existing topic or similar topic I will lock this thread please let me know.

Casinos have many perks like free drinks, foods and sometimes room and accommodation and they also offer loan to their old clients
While online gambling casinos you are in the comfort of your home you are relaxed and can play and take time and go back with one click

Where do you play longer hours online casinos or casinos?
Playing in online casinos is staring at the screen and playing a game whose outcome is already decided at the start of the round and can become a little bit tiring after a few hours, but in a Casino there is a completely different experience there is the randomness in every game, meeting new people etc. So i prefer Casinos to online casinos because of the experience and the environment they provide to us which isn't available in an Online Casino.
1828  Economy / Economics / Re: India's new financial package is a national laughing stock - what do you think? on: June 02, 2020, 01:07:40 PM
Maybe it is too hasty for you to conclude that no help is coming whether direct or not, for such amount to be put out to support in this covid-19 lockdown. If food is not distributed directly, government might give money to small businesses to flourishing again and with that many families can benefit. It is a hard time for government and they would want to restart the economy by encouraging more employment and not to share everything in food stuffs. Be patient with your government.
The Indian government is doing a poor job in handling the corona virus cases, today itself the cases touched 200,000 and they are opening the lock-down, this is bizarre.
They should have implemented the lock-down for more time until the new cases gets reduced, also they should helped the citizens by helping them with a support package and not a loan package which they have done now. I like the US much than Indian government where they introduced stimulus cheque for the poor and needy so that they don't starve to death, there have been many reports in India about more people dying from hunger rather than corona virus itself.
1829  Bitcoin / Bitcoin Discussion / Re: Small Investors are losing Bitcoin by Investing in Altcoins? on: June 02, 2020, 12:25:25 PM
<...>
This can happen and will happen in a market that is Soo Bitcoin is the cream of the market and people who can't afford Bitcoin opt for the best possible alternative and against Bitcoin and losses lots of money.
That's why we should focus on investing in Bitcoin than the altcoins. Investing altcoins maybe 20% of all you fund will be allocated to altcoins is a good idea. Though, there are some altcoins that give potential when you are investing. Just like what happened to me back then year 2017. My investment in altcoin goes 3x from my initial capital.
But the situation this year isn't the same as that of 2017 where everyone was dying to invest in crypto and the new money coming from the investors kept on pushing the bitcoin price higher and higher which led it to break $20k point after which everyone was waiting to see what happens next. Then there was a huge downfall from that point onwards. This year already the economy isn't doing that well due to corona virus and I don't think there will be any huge price movements in the recent upcoming months. So it is best for everyone to keep their coins and not experiment by investing in altcoins.
1830  Alternate cryptocurrencies / Altcoin Discussion / Re: What are you doing now? on: June 01, 2020, 03:48:59 PM
Keep grinding. There are some bounties that still profitable not as much as before but still bearable. Try to learn new things like trading or anything related to crypto where you can make atleast get something out from your services. Try to explore around not just settle on one thing to gain more knowledge where you can use later on.
Gaining certifications in block-chain technology can help a lot in increasing your earning potential and you can earn a lot more if you get a partnership in a project or an IEO.
I for example don't rely solely on the forum and crypto bounties for earnings, I have a real job and do the bounty hunting as a part-time job as it makes me feel connected and also increases my knowledge.

Trading has been my main job for the past 3 years. It has helped me a lot of profits and also a lot of losses. But in the end, I still got a bit of a profit when summed up, I didn't care too much about bounty because it was just a job to give me a little extra money.
The thing with bounties now is that a huge number of peeps join the bounty as compared to the reward pool and this decreases the earning potential from bounties. This was not the case a couple years back as at that time the bounty reward and the participants were in a proportion and people used to earn decent from these campaigns.
1831  Economy / Economics / Re: Why can't I buy stocks with Bitcoin anywhere?! on: June 01, 2020, 02:53:08 PM
Unfortunately if you do want to buy stocks with Bitcoins right now , you have to first convert them in the local currency and then proceeded with buying stocks normally like you do with money .

Problem is :

1. Government and companies see Bitcoins as a Competition and therefore allowing people to trade in Bitcoins regarding the stocks wouldn't be profitable for them.

2. Bitcoins is in no way related to fiat , bank accounts in many countries ban buying and selling of cryptocurrencies , conversion of Bitcoins does take time and at the same time the softwares right now are not equipped to handle this simple task , no one is interested in making them .

This is undoubtedly easy , but it does involve added risks. There will be concerns regarding the privacy.

The fee will double and at the same time it would take a lot of time (time is gold in the stock market) . Plus people who are interested in stock market and people who are interested in Bitcoins , it might seem the same but they are on two opposite poles .

3. It is much easier to actually just buy stocks and Bitcoins separately without hampering your privacy Cheesy

Maybe in the future they will allow the same but right now you should keep your Bitcoins secure and try using the traditional way , till we have a solution.
Then what is the point of converting the bitcoins to a local currency, the OP is asking for a direct way of investing in stocks with bitcoins.
I believe this to be a KYC issue as the user has to provide many national documents and have to pass many checks for opening a DMAT account and also the legibility of bitcoins as currently bitcoins are in a grey area and many companies aren't accepting bitcoins as a mode of payment for their services just because of the government not legalizing the cryptocurrency sector as a whole.
1832  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Ethereum be taking 1st place in 2020? on: June 01, 2020, 07:49:36 AM
I will share my opinion.I don't think so this year Ethereum be taking 1st place in 2020 Because Bitcoin has to be over taken by Ethereum, it doesn't seem to be that easy.However, looking at the current market position, it seems that Ethereum will show a very good surprise this year.I am hoping for something very good so I bought some Ethereum and am thinking of holding it.
ETH shows us 7.8% more than own prices, but it is not enough to overcome BTC. Like everybody it is just exaggeration to think about that, that is why everybody knows that ETH or another cryptocurrency can not take 1 st place instead of BTC. It doesn't matter the coin shows us very good price or other.

reminder
long time a go the market capitalism from eth ever higher than bitcoin, wich mean eth ever be the 1st in coinmarketcap my friend
but for now and in the future its hard to be true
Indeed it is just hard to know what will happen including ETH price and else. But no doubt ETH is a favorite coin, more than that it is not the same only to me, most of the investors find ETH the best currency. ETH will keep staying 1st place 2020 among other altcoins, it can be an exaggeration to say that ETH to overcome BTC, but it can be among altcoins.
If you have decided to invest in Ethereum, then you need to have great patience because this coin is very volatile when news comes.

However, in the last few months, the coin is starting to improve, and when the altcoin season returns, the price of ETH can completely reach $500 by the end of this year. Of course, that is still a long way ahead, and you need to research more before investing.
The same applies to bitcoin too, it has also been improving and always the altcoin prices are tied with bitcoin, if the price of bitcoin increases then the altcoins also follow the same pattren, if decreases there is a bloodbath everywhere in the market, or you can say there is an opportunity for a buyer at a discounted price. But however good ethereum may perform, it will never surpass bitcoin price as bitcoin is the crown jewel of the cryptocurrency market and will always be no matter what the situation is.
1833  Bitcoin / Bitcoin Discussion / Re: Why people are afraid on investing to bitcoin? on: June 01, 2020, 07:06:49 AM
If you buy a bitcoin in the price of 9000$, yes it may drop, but we have clearly seen that this is what it does. It goes up and down. If you have 1 million dollars and buy 100BTC  (900.000$) then the only thing you have to do is wait. Because someday it will pass that number and you will have profit. Am I wrong?
The thing with bitcoin is that it is highly volatile and people are always inclined to the negative side of volatility, they always think that the bitcoin price can drop very fast and they will loose everything that they invested in it. But they always forget that they can also win huge amount of return if they invest in bitcoin, that they can't even get by investing in anything that is regulated by the government or even by gambling. So i guess those who take the risk of loosing everything wins big all the time.

I am not the first to express such an idea, and I also think that the whole thing is that some people do not understand what cryptocurrencies are and what can be expected from them. Therefore, people are afraid to invest in something that they don't understand.
The public isn't afraid of crypto, they are afraid to invest in crypto because of the government and what it says about the cryptocurrencies. Also the big investors like Warren Buffet have publicly said that they will never invest in crypto.
1834  Economy / Trading Discussion / Re: I've got $20k to invest. Please recommend! on: May 31, 2020, 12:01:57 PM
How lucky you can have a capital of $ 20k, which for me that amount is very large. My advice is to use this capital for investment or trading.
Avoid mining, gambling and HYIP investment, if you do not want to lose capital. I recommend the $ 10k invest long-term in bitcoin. Then the
remaining $ 10k investment in altcoins, choose altcoins that are popular and have a high volume.
Great idea, mining isn't profitable at all unless you own all the setup and have a cheap source of electricity available at your disposal, even then you can be barely profitable. OP Your best bet is that you should invest in bitcoin a major portion of your wealth and small portion in other altcoins so that the risk you take is less and even if you loose money in altcoins, the money you make by investing in bitcoins would break even your losses.
1835  Economy / Trading Discussion / Re: If we have great ability, is capital from bank loans safe for us to use trade? on: May 31, 2020, 11:17:15 AM
I have a friend who has quite great trading skills, almost every trade he manages to make a profit. But I see he always uses capital
under $ 500.If in my opinion he should use a large capital of at least $ 5,000 to get greater profit. I suggest to him to borrow from
the bank as trading capital, but he refused with the reason too risky and insecure. I want the opinion of you members of this forum,
whether to use capital from bank loans unsecured and risky if used trading by traders who have good skills? even though in my opinion
safe as long as we can make a profit and smoothly repay loan installments to the bank.
As he is a good trader so he can easily make that much money by himself in a month or couple of months and it will not be a constant pressure on him to make money. But if he takes loan from the bank then he would have to give the bank a collateral of much greater value and if he looses or be unlucky in those trades then he have the risk of getting REKT and this is what I think his reason for not taking a loan for trading.
Also I think the same that taking a loan for trading is just the same as taking a loan for gambling where there is always a high probability of you loosing all your money which is pretty bad situation if that money was borrowed.
1836  Economy / Trading Discussion / Re: Is it time for us to get back to trading? on: May 31, 2020, 10:14:41 AM
Yes, no one can give real information about the market in doing business However, seeing the rise in the price of Bitcoin it seems that now is a good opportunity to trade. Bitcoin has gone to almost half of the events and is likely to see further growth upfront Seeing the market recovering now is a good time to get back into the business and invest in bitcoin.
Yes, but we should not forget about other altcoins that have good condition charts in the market. There are many good altcoins out there but Btc should be the top priority to trade. Its definently a good sign to get back to trading, since searching for bounty campaigns are hard to get these days. You must get back to trading before you miss some of big events happening ing crypto world.
Bitcoin is already having such high price that only a large price fluctuation can only yield good return or else you have to do margin trading for earning much.
I personally prefer buying newly listed alts at a bargain price and wait for their price increase or their roadmap meet the promise and then take my profits. Although many a times I also make mistakes due to greed and thinking I can make a quick return over my money. But if you stick to the principles you can make quiet a lot of money trading.
1837  Economy / Trading Discussion / Re: How many Courses did you take to become profitable? on: May 30, 2020, 03:40:01 PM
My trading journey is a rough one and it has taken me close to 2 years to get to where i am now. I'm proud to say i am a profitable trader.  Cheesy

It took me a number of courses and personal effort to get to where i am today.

I have always wanted to ask, How many trading courses did you take to become profitable ?



You can visit this thread for links to free paid courses:

https://bitcointalk.org/index.php?topic=5251361.0

Trading isn't the thing that you can learn only by completing courses, you always have to be a learner and have to do trading by your own to understand the processes, it is a practical task.
I always am studying new advances in trading and also have read books related to technical analysis and trading for more than three years and I still consider myself as a beginner even now as there are many a times that I have made stupid mistakes while trading that made me loose money.
1838  Economy / Speculation / Re: Is Bitcoin price drops is a buying opportunity? on: May 28, 2020, 04:28:24 PM
although we assume that it is an opportunity, the fact is when it happens, then we will be difficult to make a decision whether we should buy bitcoin in large quantities or not. however, large decreases sometimes cause panic. I've tried this many times. Well, that is an opportunity, but there will still be doubts.
The bitcoin price dropping is a wonderful opportunity to buy some coins for investment purposes. An year back no one would have thought that bitcoin price will ever reach $10k or above after getting in that bear market when the price was under $3.5k for quiet a while and many people were saying that bitcoin is dead. But after the previous Chinese New Year the price started rising and after that It never fell below $7k. So i think anything under $9k is a decent price for buying bitcoins in a bear market.
1839  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Limited participants is the best option for bounty campaigns this days on: May 28, 2020, 03:34:40 PM
It seems many new bounty hunters are joining this forum weekly or monthly, every single bounty campaign is full of thousands of participants, my claim is some bounty managers don't care how many you really are, even if it's just 5$ for each bounty participants, this is plain bad, I remember telling bubbalex to reduce Cartesi signature participants and I'm glad he listened, if not the reward would be very bad....
I have also participated in many altcoin bounty campaigns in the past and have witnessed in numerous spreadsheets that the social media campaigns and the article campaigns are the ones that are filled with a flood of participants but if you look at the signature campaign participants, they are in the least number as compared to the social media bounty participants. So I guess you should check the bounty type before participating as signature campaign have least participants and definitely pays better as compared to the social media bounties.
1840  Economy / Economics / Re: Highly educated scammer hate bitcoin! on: May 28, 2020, 02:52:57 PM
Everyone has their own views about bitcoin and cryptocurrency. So what is the point if your friend and Warren Buffett hates bitcoin so much and telling to you that you are an idiot or stupid by investing in bitcoin. You should not let yourself down by one person's opinion about bitcoin that you should keep using and investing in bitcoin and cryptocurrency and show them it's true value.
In the society, people always get affected by the ideas of other people and many a times or mostly they make decisions based on those ideas which can proove wrong. And not investing in crypto and hating bitcoins is also one of those bad decisions which most people have made today and they will regret this decision once the bitcoin price will becone beyond their reach to buy and invest. Most of the economists are not recommending people to invest in bitcoin because the general public won't be able to handle the pumps and dumps of the market.
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