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3181  Economy / Speculation / Re: What is the bitcoin price prediction for 2020? on: December 23, 2019, 10:47:26 AM
Price movement was seriously crazy this year and that is what worries me for the upcoming year, going up is not the problem, I don't doubt it will go up like hell.

The problem we are facing is, we started the year in 2019 at $3400 dollars, nobody remembers that, we moved all the way to $14k which is about 4x of the price and then lost 50% value and became 7 thousand dollars right now which is still 2x of what we started. That type of movement is insanely weird, we are 2x away from the start of the year but 50% of the peak of the year, if the same goes for 2020 as well we may reach to over 20 thousand dollars and end up at around 14-15 thousand dollars and count ourselves lucky as well, if something even more major happens in changes that could cripple the market like 2018 which is what scares me.
3182  Economy / Speculation / Re: Question for the Speculators... (experiment) on: December 23, 2019, 08:56:03 AM
They would lose sooooo much money, you think that giving them 200 dollars to start they would be able to only lose 200 dollars and not more. I tell you if somehow they could find or learn a way to wager more than 200 dollars with their 200 dollars they will make a debt on money they don't have. Hell those dudes would spend from their credit cards and take out loans and find a way. They will keep losing and losing until they literally have absolutely no possession in their name.

This place is horrible for trading, speculation is literally a place where speculations are made by people with absolutely no filter at all, there is no requirements for you to be able to write here or even start a topic here. Most of the time you can see contradict topics back to back like "is btc going to 3k" and "is btc going to 50k" type of deals. This is the absolute last place to take a look at for this.
3183  Economy / Trading Discussion / Re: handling bitcoin volatility on: December 22, 2019, 08:17:53 AM
People forget that bitcoin doesn't have to be this much of a day trader product, you can literally use bitcoin yourself if you want to spend it on anything OR the most logical thing it is a very scarce commodity so you can hold it. If you are afraid of volatility and you are bothered by the fact that you may end up losing money wherever you want to buy bitcoin, just hold it.

I personally have the same coins I had in 2015 let alone the new ones I purchased so I am never bothered by the volatility, I had bitcoin during 2017 and I had it during 2018 and I still have it. I did spent some of it, I did bought a bit more later, but in the end I do have even more bitcoins than I started all thanks to me not selling my coins because volatility could have hurt my results.
3184  Economy / Trading Discussion / Re: Stop Loss, A life saver or a evil? on: December 22, 2019, 07:38:32 AM
Stop loss is important if you know how to use it but if you end up using it in a way that doesn't reflect the resistance/support levels of bitcoin then you might get hurt.

Just to give an example (the numbers are made up) lets say bitcoin is 20 thousand dollars, there is a support at 18 thousand and a resistance at 22 thousand, if you put a stop loss at 19 thousand dollars you may end up losing money, but if you put it on 17.999 you may make money. How? Well, if support is at 18 thousand and it goes lower that means it will go even lower, but if support is at 18 and you sell at 19 it can recover from 18 and go all the way to 22 thousand you will end up in a loss. So, check out the charts and support/resistance levels in order to know where to put your stop loss as well.
3185  Economy / Trading Discussion / Re: Psychological Mistake of the Beginners Traders on: December 22, 2019, 05:36:46 AM
No matter what mistakes you do, nothing will be ever as wrong as "not knowing the exact reason for purchasing" for a coin. I have seen sooooo many people who bought some altcoins just because it was going up, or buying it because there was a hype and everyone was talking about it and it was trending topic for a day.

Those are not enough reasons to buy a coin and it could never represent the real value of those coins since those coins have a real value by looking at what makes it so high or low in price and not the feeling you have about the coin that decides on the price of it. If you can overcome that there is still a long way to go to become a good trader but if you can't move beyond that, all other warnings are useless since you will fail anyway.
3186  Economy / Trading Discussion / Re: to be able to get a large profit in today's trading is very difficult! on: December 21, 2019, 07:27:54 PM
You may not get a "large" profit in one swift action but you could always get a decent couple of profits that are quite small that combined makes a large profit. It is still difficult I know that, even making 20% profit in a whole year is difficult but if you know your times right we are talking about a currency that started the year 3400 dollars which is over 7000 dollars right now. That is 100% profit in one whole year and you can't say doubling your money is not a large profit.

Definitely, day traders are having a hard time but 2019 was an amazing year for the long term traders, if you started the year with bitcoin and didn't sell it (or didn't buy any new) you just made 100% of your investment back in just one year. There is not that many thing in world that can give you this much profit.
3187  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: December 21, 2019, 06:17:43 PM
Just watched the last 15 minutes of the first half of Everton vs Arsenal. It was boring. No real effort from both teams. I was expecting a 1 - 0 down for Arsenal as they had in last few matches but Everton seems toothless.

Had a bet on over 0.5 goals in first half and lost it LOL

Both teams play just hoping that they don't lose. I watched 2x45 minutes of the match. I was a little sorry for Aubameyang. He is a very good striker but more and more rarely get the ball supply from other arsenal players. Even a few times I saw he had to work hard to get the ball. He is a target man though
It was an awesome game even with the end result. I mean you would think that 0-0 would be boring but I had amazing fun because there was literally a fresh set of feet in every player ( I guess that what happens when you fire a manager and a new one is coming). Players really wanted to show they all deserve their spots, they wanted to show themselves so that they wouldn't be the ones that get cut loose.

I still wish Duncan was in charge, dude was great, I know Ancelotti is an legendary coach and dude deserves to be in teams much better than this but that doesn't change the fact that I believe Duncan could have been a good one given enough time, at least until the end of the season would have been cool. In any case, I would say arsenal not going to make as big of a leap this year as everyone thinks under Arteta, I think it will be better but not significantly better.
3188  Economy / Gambling discussion / Re: Which game is most fair in Online Casino. on: December 21, 2019, 05:09:06 PM
Well, for crypto ones the most fair is the dice game for sure. All other games could be very provably fair however the only one that is truly provably fair is the dice game. Don't consider all dice games as provably fair because some of them are not and some of them do high marketing to remove that fact from peoples minds and that is not really nice but the reality is that if the casino is legit they will provide all the proof in the world to show you that they are legit provably fair.

Look at primedice for example, they have been in operation for longer than 6 years now and nobody has found a single problem with their code, nobody can claim they are not provably fair. Some games like sportsbook or poker can never be truly provably fair for example and some games like crash could be but very difficult, dice is the best choice.
3189  Economy / Gambling / Re: 🏆 Crypto Dice Site of the Year 2019 on: December 21, 2019, 04:28:17 PM
I don't understand how a place like wixiplay is getting the number one position in a poll like this. Yes, I understand that there is over a thousand people gambling on crypto any given second, I mean the total gamblers and not just one website, combined makes around 1000 and more every second (peak numbers are bigger I am sure) so having a poll that has less than 100 votes means nothing and shouldn't be representing the general feeling of crypto.

But, even with that in mind, wixiplay turned out to a place that may not even be as provably fair as we imagined it would be, it is obvious that places like bitsler are clearly more loved because their user numbers are 10x the number of others which should equal to more votes normally. In any case I doubt anyone will change their mind because of this poll so it is useless.
3190  Economy / Gambling / Re: Wixiplay.io is rigged | one in ten million session | fake PF on: December 21, 2019, 03:43:08 PM
Quoting, to re-read later.

Basically the simple-version is:
<snipped>
From what I understand by what Rhavar is trying to explain (which I will turn into layman terms for people who are like me that have hard time understanding technical talk) the game "looks" like it is fair but they do have a secret way of knowing if you are gambling by checking the seed or not.

If you are a guy who doesn't check the seed that often they hide the previous seed so that you can't get it and that means you can be scammed out of your money, that is only if you don't care about the seed and not checking anything which they can see by you not changing the seed frequently or maybe even never.

So, it does "look" fair and that is true but if you let them away with it by not checking they could potentially become not provably fair given the opportunity. This doesn't mean they are stealing money from you, it just mean they have that option if they want to and you have to trust them not to do it which is not provably fair if you ask me.
3191  Economy / Speculation / Re: ❄️ BITCOIN : winter is coming? by 𝓜𝓪𝓻𝓬𝓴𝓿𝓼 𝓡. 𝓐𝓬𝓴𝓮𝓻𝓶𝓪𝓷𝓷 ❄️ on: December 21, 2019, 03:13:22 PM
Currently I'm in a long position with 15% of my capital that I have no intention to close even if negative, yes I decided to hodl my position up to the liquidation price ($5,900)!
After the quick bounce back from $6400 to $7100 levels, I too believe sailing now in long position would be much safer provided that few back up plans. Still, I believe your 15% is too low when considering the festival time and upcoming halving. I mean to say if you are not into leveraged trading, going with up to 50% of your capital also will be good as most downfall of BTC markets now a days end up in quick bounce back.

if BTC will dump to test the $6,000 support I will open another long position in order to have the liquidation below $5/4.5k as far as possible from the MA 200 on Weekly TF.
I find the strong support levels still in action around $6500 levels. So, it would be too hard for the current markets to break this support levels to test anything below $6000 levels. Bitcoin prices may test below $7000 levels as of now but it will not hold there for sure. I believe $8100 levels are on the way when markets hold from current prices.

Quote
I hope I don't get to liquidation, but even if I did, I always have a plan B ready.[/i]
Please find time to share is your alternative view. For same back-up plans and confirming with my own research, I am just asking this.
3192  Economy / Speculation / Re: Whats the next Innovation that will rise? on: December 20, 2019, 05:30:07 PM
Whats the next innovation that will spark huge growth?
People who are able to predict this must be working on that rather than answering to you Wink. I mean there are plenty of chances for any kind of new innovations that could trigger another massive growth of this crypto space but find them out of this discussion but disclosing on the possibility of such a thing would be more appropriate imo.

I guess bitcoin does not need any such a thing to be happening within its ecosystem as its design itself got enough potential to trigger continuous growth and the near by upcoming such a thing is halving. Halving is once in 4 years event whereas mining difficulty is a weekly one. Yes, when more people compete for mining, prices will always fly as some set of people may choose "buying option" instead of setting up a mining farm.

Rise of bitcoin is a slow progress and it does not need any external triggers. Moreover, rising of bitcoins has been happening and we can figure that when comparing prices in bigger time spans.
3193  Economy / Speculation / Re: BTC which price it's heading next? on: December 20, 2019, 03:35:07 PM
The price went down and up recently which shows that the bottom has been found, at least to me it is like that but it doesn't have to be like that, just my opinion. So, if I am right and when we went down but couldn't get any lower and price went back up that means the price can't get any lower and won't be having any more price troubles.

I see an easy 10k+ price prediction right now and could even reach as high as over 20 thousand dollars by the time halving comes. Like I said before I am not saying this will definitely happen but from what it looks in the markets right now bulls are getting bigger and bigger and the buy amounts are not only more in numbers but also in bigger orders as well.
3194  Economy / Economics / Re: Exchanges are rebelling against constant hard forks on: December 20, 2019, 02:34:15 PM
That's just coinfloor and not "exchangeS" because that is just one place and not all of them. Yes, this could lead to some sort of movement where exchanges could be doing these kinds of delist thing and it could lead to developers not doing hard forks anymore. Some of them are really useless, it doesn't really make sense to make some of these changes if you ask me.

Definitely, ethereum one looks a bit useful and it does make a good change but there are bitcoin hard forks that are useless for example which means you can't just delist bitcoin. All in all I support delisting hard forks but not the main coins itself.
3195  Economy / Economics / Re: Crypto vs stock markets on: December 20, 2019, 01:46:59 PM
Depends on your knowledge of finances and how long you are willing to wait for stuff. For example stocks are usually more calm (except on a bubble burst like 2008) and there was a lot of options involved as well considering nowadays there are insane amount of stocks to pick from and they are not horrible scams (maybe few are but still thousands of decent ones exist) whereas in crypto you would be lucky to find 20 decent coins and there are thousands of scam and shitcoins.

However, if you want to risk more money, bitcoin is low right now and it could potentially go up really fast one day, which is why you need to make sure what you want from investing, a chance to be suddenly rich or a decent stable increase of funds? Stocks are safer to invest but bitcoin could make you rich suddenly.
3196  Economy / Service Discussion / Re: Fixed interest (up to 12%) on BTC, ETH, USDT while holding on: December 19, 2019, 03:42:21 PM
This topic must be another perfect example of scam attempt in the name of discussion.

OP's account registration : December 17, 2019, 01:47:51 AM
This topic's time             : December 17, 2019, 02:59:58 AM
This BTT account was opened purposefully for this topic but open-post was composed like seeking casual opinion from this community. A new account when it was created to introduce a new services then they will go like we are doing this and we are offering this (even it will be a ponzi/scam attempt) but here stating everything like an end user which means hiding as an end user which signals OP might be owner/team member of this services.

I have come across few interest providing services for crypto deposits. I am not sure how you people are convincing yourself to try such services even after hearing 100s of exchange hacks and scams.

Your crypto will be safer only when it resides within your wallet where you control the privatekey. Bitcoin provided 10000% growth from January 2015 to November 2017. I bet no banks will be afford to provide us such a massive returns for your investments.

I will try an interest providing services for my cryptos when they ask me to submit a signed message for proof of holding cryptos. I know that never will be possible Grin.
3197  Economy / Service Discussion / Re: Faucet, casino, mixer, currency exchanger etc. all in one on: December 19, 2019, 03:42:53 AM
Other than combining multiple services in your platform, what are other innovations you going to bring in? Because, just being all-under-one-roof kind of business model alone will not be attractive enough to me to leave off my current favorite services.

I do use selective services which are rated as the best by this community in therms of easy-to use, highly secured, good customer support and etc. This may be the reason, for example, I am not playing at yobit's dice but I do trade few token there. I mean to say I need segment expert and versatile service provider which may not be possible when you focus at multiple things from your beginning itself because jack of all trades, master of none.
3198  Alternate cryptocurrencies / Altcoin Discussion / Re: Decentralization or Scalability? on: December 18, 2019, 02:23:16 PM
When we are talking about brand new coins, decentralization is a dream. Why do people pay millions of dollars in funds to a team to create a coin? Because they want the team to build a good coin and keep working for it. When a team works for a coin that coin can never be decentralized, it is not humanly possible. So in the long run if you invest into a coin know that it can never be decentralized.

Look at bitcoin for example, it doesn't have any one person behind it and even the core team members can't do whatever they want, hell billion dollar worth duo created bitcoin cash because they couldn't change bitcoin. When you are in the position of bitcoin maybe it is time to think about availability, if you are new it would be great to move towards decentralization.
3199  Alternate cryptocurrencies / Altcoin Discussion / Re: What are Legal Risks in Crypto World ? on: December 18, 2019, 08:42:05 AM
Unfortunately for all of us, governments do not decide on the same thing together, all of them have their own version of laws and bitcoin (or crypto in general) is not decided on a table but more on governmental discussions.

So, while USA may see it as an asset, Cyrus may see it as a currency and Bangladesh could see it as item and some other nation could see it as something totally different. Long story short if we want to get bitcoin on the same page all over the world we need to lobby for it but unfortunately bitcoin is the money of the poor and whales of crypto already don't care about it so the poor and unimportant thousands can't make any sort of decision at all or can't be influencing any sort of decision made by the politicians.
3200  Alternate cryptocurrencies / Altcoin Discussion / Re: Chinese City Warns Investors: Crypto Isn’t Blockchain on: December 18, 2019, 07:45:58 AM
They are 100% right, there are so many tokens nowadays that everyone invests with the hopes of making thousands of dollars in profit (and remember in china even 100 dollar profit is a lot) so gullible people invest in everything they can find with the hopes of one of them eventually might become something big.

Unfortunately, there are not that many coins that could give you that type of return, I have been involved with few very profitable ones for example but probably invested into hundreds of bad ones as well, did I made a profit? Barely or maybe not but I know that those few diamonds are very hard to find and people should focus on finding those diamonds and not invest on everything. There are many tokens/coins that owners create just to get the funds and leave.
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