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3041  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you think ETH will hit all Time high(ATH)? on: February 04, 2020, 04:41:13 PM
All time high is just way too much, I am not denying that it looks like ethereum will reach a new high for the year and maybe beat the past 2 years records and definitely reach above the 500 dollar threshold which will be amazing, yet that doesn't change the fact that all time high is 1500 dollars or so which is really not easy to achieve at all.

Definitely, there is a chance it can break that as well, it is finances and I am sure the world would be ready for a new all time high for ethereum after their hard fork but do not be shocked if it can't reach there neither, in fact be prepared for it to not reach since that would be the unlikely option here. I hope your wager with your friend wasn't for too much Cheesy. You should be getting good odds for such a wager with him/her.
3042  Economy / Speculation / Re: BTC Weekly & Monthly Update: Bulls On Parade, Majors Flying on: February 04, 2020, 03:57:53 PM
That is the truth right there. We may not be able to break the resistance point that easily (even tho we push it further and further, it was around $9.4k just few weeks ago) we are at least not dropping as well. When you see the price trying to above the resistance level and fail, it is whole different to see it go down to support levels or going to somewhere very close.

If price paused $9.6k and failed and dropped to $8.6k or whatever levels, that would be superbly different from going down to $9.4k level.

Right now, we are living at the place where we are not backing down and we keep pushing and pushing and basically slowly carving up that resistance slow by slow without giving up, if we continue to do this, there is no way we are stopping anywhere soon, we will shoot up towards the next resistance right away.
Yeah that is very true, keeping the price over $9k is worth to us more than getting a huge increase. This means that we are in a bull run and going up constantly and not stopping with the possibility of not knowing when it will fall, that is good if you are a holder but not good if you are a trader.

The other however (the situation we have now) means that price is actually taking good strides but also keeping the bottom higher and higher while price sometimes having corrections and stagnant moments and in between of those moments the increases that suggest we are still in the bull run of the year. I hope we will continue to increase like this and not go down or even go up insanely high because both of them would be very risky, going up slowly and making sure to stay up is a lot more valuable.
3043  Economy / Economics / Re: Centralized exchanges have become the banks of the cryptocurrency world on: February 03, 2020, 07:04:47 PM
And I am not really against it as long as they do it right. The difference between central exchanges and banks is the fact that banks do not have the money they claim they do, whereas central exchanges all have that money, sure they are making a profit from just holding your coins, yet that doesn't change the fact that they still have it on their cold storage or on hot wallets just so they can withdraw.

The biggest example here could be the fact that every single person can withdraw all of their money from binance and even tho it may take some time to withdraw, they will be capable of doing it, if every single person wants to withdraw their fiat from the banks, banks won't be able to give that kind of money to people since they actually don't posses it on their vaults.

Edit: Sorry accidentally deleted but re-posted.
3044  Economy / Economics / Re: Is Malaysia crypto friendly on: February 03, 2020, 06:12:21 PM
As you can see from other peoples response, it is in a gray area right now, they are not "supporting" it in way or shape but they are also not attacking it like some other countries do neither. So, if you want to open a "business" it will be different than just dealing with crypto, normally if you want to just buy and sell crypto and be a trader things are easier there, it would be easy to withdraw or deposit from exchanges however if you want to build a whole business, and if it ever becomes successful than it means a lot of money via crypto which would be stuck at tax problems.

When taxing is not really in the law and there is no examples to look from, the government agencies don't really know what to do about it, which is why business is harder than being a trader.
3045  Economy / Economics / Re: A glimpse at Japan's economic relationship with China. on: February 03, 2020, 05:26:11 PM
There are two scenarios that people are standing on, and those also have branches to it as well. One is virus is as serious as conspiracy theorists claim it is (which I doubt is the reality) and the other is it is nothing to make a deal about. Now just as we imagine, it will turn out to be another virus that we always have, and it will be nothing major very soon.

However, if it is actually serious and all countries start to back away from China, that has two potential possibilities. China will have trouble getting money and debt from all over the world which would hurt them the most and countries who depend on Chinese manufacturing could actually try to establish stuff on their own nation which would make things cost more but also help them earn more as a nation as well instead of paying to Chinese, which could turn out to be great. Or it would just bankrupt companies and would be awful for the whole nation.
3046  Economy / Gambling discussion / Re: Conor McGregor vs Manny Pacquiao on: February 03, 2020, 04:37:57 PM
Plus, Manny was a politician last I checked, I don't know if he still is or not but it really was an important reason why he had that Mayweather fight as well, dude used all that money to get bigger and bigger in politics.

So, I am sure this fight will not probably happen but if they do have this fight I am sure the money reason would be for politics and not anything else, he probably has enough investments and savings to cover all the smaller expenses like salary and car washes and everything, those are easy stuff to pay for, when it comes to politics tho, paying your way in (bribing) always requires more and more money, the more you spend will result with more you further your career as a politician, which means he kinda "needs" money but not in the way you think.
3047  Economy / Gambling discussion / Re: SuperBowl Event on: February 02, 2020, 04:27:20 PM
I wonder why there wasn't that much interest towards Super Bowl this year, maybe last years interest was doubled down by Rams going to finals for the first time in a long period and Los Angeles is a huge city that attracts that kind of viewership probably and add the Patriots which is a football city that is one of the most successful franchises in the whole world, there was much more interest and much more talk about it, and I am even sure there was a bigger amount wagered in total as well.

This year it is both a bit boring and also last years 13-3 stayed in peoples minds so maybe this year it may get less and less views, plus NFL is getting a lot of heat for the management they have been showing as well so I suppose maybe this could literally be start of the end for them as well.
3048  Economy / Trading Discussion / Re: We share success stories on: February 02, 2020, 02:41:13 PM
More people should be sharing how they made money, the previous success can't be replicated that easily so people seeing how you made money is not really a problem, everyone should share how they did it so far. We see people who lose money all the time, if you go on bitcointalk and see other people, you will mainly see people complaining about how they lost money or how they missed a chance or at worst how bitcoin will be 1 trillion dollars per coin or something silly like that.

You don't see people who actually make money and make a difference anymore, back in the day many people did these and they kept journals here and shared it with other people, that helped many people to follow and actually try to learn and be better, if you wrote here that means you were in front of everyone's minds and that kinda resulted with you trying to be better as well.
3049  Economy / Trading Discussion / Re: The first signal that 2020 might be the comeback of crypto! on: February 02, 2020, 02:08:31 PM
There are few problems with the notion that "bitcoin has been doing better, you should come back to trading", I mean for starters you should be buying when everything is looking horrible and selling when it is like today, not the other way around, if people come in after the 26%+ increase, that kinda means that they are buying at high and what is the next advice? Selling at low?

If they have stayed out for so long, they should keep staying out a little while longer and wait for a drop, my understanding has always been to buy or get in at the moment when it looks like reaching the furthest down it will reach in recent memory.

Plus it wasn't doing that bad neither, it didn't suddenly started to do this well, we were around $7k to $9k for 6 months and we are literally there once again, so its not really shocking.
3050  Alternate cryptocurrencies / Altcoin Discussion / Re: Top crypto pairs in which you should invest? on: February 01, 2020, 05:48:42 PM
These are good coins but for my safety I trade only btc, eth, xrp and bch. Yeah its also not safe ground cause these are moving very volatile but at least these coins are the most huge volume. When it comes to trading we must focus on liquidity and reading charts arent easy as those professional says.

The list are consists of potential altcoins next to eth and xrp but as a trader I keeping my funds for trading good coins that has been traded across different exchange. My strategy is more on arbitrary but using exchange such as Bitmex and Binance is also good using margin and future trading.
If you are trading for your safety and still pick coins like XRP and BCH, I have a very bad news for you Cheesy.
Those coins are literally made by one person (or a team) to make themselves rich and not for everyone else use.

BCH was first created because bitcoin moved towards segwit and other stuff in order to not pay too much transaction fee and make it faster and cheaper to send and receive bitcoins, miners of the world (Jihan Wu and Roger Ver as the lead) said that it would drop their profits and they will make less money because of it so they literally decided to have a hard fork of their own version where they would make more money whereas people who send and receive money would have to pay more than they are paying on segwit.

I don't even have to explain XRP, those guys have been around for years and they have been stealing money from the public all those years, if you still believe in them, not much I can say would change your perspective.
3051  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the difference between ICO's and IEO's on: February 01, 2020, 05:12:11 PM
Everyone knows the fact that IEO will be basically listed easily versus ICO trying hard to get their coins listed but I also feel like
there is a decentralized issue at play here as well. When you do ICO there is an "owner" of that coin which is horrible, nobody wants to have some coin that basically has one guy at the top doing all the thinking and making all the decisions, that is basically fiat, look at all the ICO's and you will realize that there is at least one team if not one guy who gets all the funding and makes all the decisions.

IEO is kinda like that as well in logic but they are giving away as much of the money as possible to get funding yet let the coin be what it can be because they basically sell all their coins on the exchange and leave the coin be to community.
3052  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is libra (from facebook) will be a good invest ? on: February 01, 2020, 03:50:54 PM
I hope they will comeback soon enough when they realize Libra may actually still work, the other possibility scares me. Think about it, one company is trying to build a stablecoin and the government is against it, and this is a company that is as big as Facebook yet they are not letting it be, meanwhile people are using USDT or USDC or whatever like nothing is going on.

If you think they are not allowing Libra to exist and work properly, do you really think they allowed tether to exist at the same time?

If they didn't allowed Libra that means they are not allowing Tether neither yet people do not realize this and use Tether like its something very legit and works according to law, that is not the deal here at all, they are very illegal and very against the law.
3053  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin a Safe Haven for Your Money? on: February 01, 2020, 08:18:14 AM
Bitcoin is a good investment, but I wouldn’t call it a safe haven because there are risks and you can lose your money at any time. Bitcoin is a volatile investment, though it has proven to be quite good on a long term, depending on when you invested. Those that got in at the lowest price usually make good returns after they have Hodl for very long time.

It takes proper analysis to predict when the price would be at the low and you get in and hold till it increases. If you’re looking for safe Investments you should be looking at gold, silver, lands. Land is a good asset, and I do invest in it and where I live they are worth really big when you sell them after a while. Was definitely worth the investment.
3054  Economy / Economics / Re: Corona Virus and The Effect on The Markets on: February 01, 2020, 03:53:53 AM
There are more people who die every year because of shark attacks, yet people are really afraid of something that killed only around 100-200 people. Now, WHO created a global emergency, people think something huge will happen, same WHO also made a global emergency for Ebola as well, remember that? No one in the uninfected countries had to do deal with that, only very few people died.

We are literally talking about less people dying from corona than the airplane Iran shot down and yet everyone acts like we about to turn into a zombie movie. Calm down and continue your life like nothing happened, believe me you will be fine, both you and your money is safe from corona and will be safe for a long long time, no matter how much "flu" get worse, we will find a cure for it don't worry.
3055  Economy / Economics / Re: $900K worth of counterfeit U.S. currency seized on: January 31, 2020, 05:54:55 PM
Seriously, everyone acts like $900k is a big amount of money but its insanely low considering how much cash is around the world, specially in dollar form. This is definitely on individual level and not something secret or big picture thing unless its just one party that got caught and 100 others went fine without getting caught.

I would probably just focus on finding the source of this, both the person who was receiving and the place that was making it, those are the real threats, hell even the person who asked for it is not as major threat as the place that made this because they now have the technology to print as many dollars as they want and if they just keep it away from USA and just use it in other nations for exchange, they could seriously get away with it.
3056  Economy / Trading Discussion / Re: What are the most useful crypto trading bots? on: January 31, 2020, 04:08:19 PM
I have only used gunbot amongts all of these, haasbot was something we had in our hands at the time to disect and check how it works as well, never used shrimpy but I can say their blogs are the best out there Cheesy. For gunbot all I can say is that, it is both not as complex as some of the other bots out there, but it is also not as simple neither, it depends on customers needs and you can make it a simple ping pong setup that buys at x price and sells at Y price, or you can make it like "if bollinger band hits x and macd is at y and gain is at z, buy it" type of complex stuff as well.

However one thing is for sure that whenever markets were crashing, NO bot that I know made it out alive, as far as I know, all the ones we were competing was losing money, not only "not making profit" but actually losing money. So bots are awesome on bull runs, not so much on bear runs.
3057  Economy / Trading Discussion / Re: Best Trading Strategies- Best Practices on: January 31, 2020, 11:08:20 AM
Usually when it comes to altcoins you could predict "why" something happened but not "when" something will happen, I know its not helpful that the price of a coin going up and you checking why means you are already late to it and you will have hard time figuring out what the next move would be depending on it so why would you care if you didn't profited.

However, reality is if you know the community of a coin that means you know a coin, if the community is excited about a deal with a company and increases the price, you can position yourself when you hear they are about to do another, if a coin gets a v2 development for proof of work, then you can position for v3 as well.

Check out what the community likes and dislikes and whenever you read news about them doing something similar in the future, buy some more and wait for it because more often than not community will react the same way once again.
3058  Bitcoin / Bitcoin Discussion / Re: John McAfee called BITCOIN as a Shitcoin! on: January 31, 2020, 08:13:25 AM
So I guess he’s pissed because his prediction wasn’t accurate?  Huh Maybe if his prediction was accurate he would have been the happiest man in earth lol Grin.

Seriously, it’s quite annoying when you make such a prediction and at the end you’re disappointed that your prediction isn’t accurate. That’s why he has made up his mind that Bitcoin is a shit coin. That’s the problem with most of these so called influencers, they feel they can just say whatever they want to say, he feels like he can predict the future of Bitcoin and unfortunately for him it didn’t work. I wonder how much he might have stored in his wallet and waiting for when the price would reach $1 million dollars lmao, he wants to be multimillionaire overnight.
3059  Bitcoin / Bitcoin Discussion / Re: WHEN YOU ARE CONFUSED REFER TO BITCOIN on: January 30, 2020, 04:15:10 AM
It’s very difficult for any altcoin project to convince me.
I don’t put much interest in altcoins projects, although I have seen a lot of people talking about them.

From my own understanding, I would say that the reason some people like coins with small market cap is because they are easy to manipulate, so they are hoping that the price would be pumped at anytime so they can make easy profit and others think that investing in Bitcoin is already late, so why not invest in altcoins that are still starting up, that way they believe they would be lucky as the earlier Bitcoin investors who made millions of dollars after some years. But, altcoins are different, they keep on disappointing so it doesn’t make any sense.
3060  Economy / Gambling / Re: CoinDragon.com - Provably the best crypto gambling in the world! on: January 29, 2020, 04:25:39 PM
Another place with maaaybe wrong titled topic. I understand it is provably fair, and I understand it could be a good place, however saying "provably the best crypto gambling in the world" means that you can provide a proof of being the best crypto casino in the world and not only that is not something ANY casino can prove, it is also bad wording for marketing as well when you are on page two only and there are places who have been liked by thousands of people for years now.

However the website itself is cool, I liked it and I hope for a great future for it, not many place cares about design as much as development so to find a website that cares about design this much and build a beautiful looking website is really cool. I will give them some time and probably will try later myself as well.
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