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4321  Economy / Speculation / Re: I personally think bitcoin is bullish right now. on: September 25, 2018, 08:23:52 AM
Obviously we are in this bear market so the price of cryptocurrency is bullish, that is the reason why the market is currently dropping hard or increasing since there are a lot of price manipulators today in the market.
Price manipulator or not, the value was meant to correct anyways, at any certain point in time but the truth about the whole thing here is that, bitcoin being bullish cannot be known now until we get to see some pretty good momentum or until we at least see it go bullish. We are still in a wedge downwards and no one certainly know how the market is going to end up pulling it off in the long run, but for now, I would not be too bullish on bitcoin but probably at least in the short term.

This whole year is the worst year in the history of bitcoin. Such huge dip in the price has never seen by any one. Those who bought bitcoin for $19343 have lost almost $13000 in each bitcoin.
No mate, it is not the worst year in the history of bitcoin and may be you need to go back to the books and check the history of bitcoin to know better. This is not the first time a huge downtrend like this would happen in a market, and simply since you are Junior member, this is absolutely the first one you will be experiencing and that is understandable but what people do not understand is that corrections are healthy and it is always a good time to always find a better opportunity to be getting into the market.
4322  Economy / Economics / Re: Bitcoin the inflation killer :-> on: September 24, 2018, 07:40:49 PM
I live in Russia. I so distrust the ruble and my government that I am ready to keep all the savings in bitcoins. I often buy up a crypto currency, but I would do it much more often if there was a convenient and fast exchange
You are not alone bro. I am in a part of the world in which inflation has generally become a norm and then you tend to ask yourself the questions why things should be that way, but all in the name of bad policies, we tend to see the government scattering everything, coming up with some policies that would always affect the people in general and this has really brought about some crazy level of distrust over time in the system of governance and the general banking system, which I believe having to make the decision to put some of my funds in bitcoin over the years, has really brought about a better change in my life than over the years that I have been saving in fiat.
4323  Economy / Economics / Re: Differences between the developed countries and developing countires on: September 24, 2018, 06:32:34 PM
All the examples of high population density per km² countries are losing population on long term (probably it can reverted in Netherlands and Belgium due mass immigration, but then it's another story). People from developed countries tend to have less children for some reason.

And these Africa countries population is growing fast on long term. One of the reasons may be due the mortality rates are decreasing. Africa is one of the most chaotic continents in the world, many epidemics and wars make the population grow slower, but it doesn't mean they tend to have less children.

Well, it's just an observation. You will find exceptions, but from a general perspective it really makes sense.
It is a very good observation and trusts me, the rate things are going in this part of the world, and I really wonder how things would get to be in the long run. I believe the whole thing stems down from the leaders, and truth be told, most part of Africa lack very good leaders and because of this, things will always keep getting stalled most especially when it comes to development at large.

Hardly will you be able to find so much exception and a higher percentage are really not developed and even the developing ones which some people may still want to classify a bit as developed still have a lot lagging.
4324  Alternate cryptocurrencies / Altcoin Discussion / Re: Spreading Wealth to poor areas through bounties. on: September 24, 2018, 01:05:12 PM
a brilliant idea bro. We must learn how to share even if it is not that much but the most important thing is we are trying to do our best just to help.
That is always the idea when it comes to empowering others rather than trying to feed them yourselves. This is a good approach which obviously could help set a lot of people free from poverty in the long run, be able to create businesses for themselves based on their skills and expand for the future.

It is a good thing to see how some can really go out of their comfort zone to do things that helps the world and it does not even have to be bounty, as one can always empower others, in ways that could help build them for generating of income streams. Moreover when it comes as a free money then people become lazy. This is the reason why many philanderous projects had stopped their activities as in long run people who were all enjoying the free way of living never opt for hard working.
4325  Alternate cryptocurrencies / Altcoin Discussion / Re: altcoin that would soar high by the year's end on: September 24, 2018, 12:15:52 PM
If we observe the charts, there is always a trend of price increase in all (or probably most if not all) of altcoin or everything that has value everytime the year ends. Now if one do want to do trading would it be best to do it per year? and if one does this, is there a way to identify which altcoin would yield the greatest price increase so that at the start of the year you may have the time to prepare for it?
Certainly not looking at how high it is possible for any coin to soar at the moment, even though one can consider some coins reaching their previous ATH could set a very good record, but as it is, I am only investing in the coins that I trust and I know I can handle so as to monitor the trend of each of them. It is possible a lot of the altcoins will give a good push before the end of the year, so, I guess at this point, we may just have to see how things would pan out until then.

I hope it will be BTC and Ripple, I don't think that ETH will be back to the normal price that soon but now is definately a good time for the investment.Track on CMC.
I could not understand why people are still keeping their faith on corporate coins. One day or other they will realize their foolishness of believing into ripple kind of  centralized assets. Ripple may soar but it will not get you freedom-filled-rich like how bitcoin will do honestly. (In the past ripple funds had been frozen out similar to bank accounts).
4326  Economy / Marketplace / Re: Decentralized market vs. Centralized market on: September 24, 2018, 11:25:04 AM
I been thinking this since yesterday. I made some research  too about the topic. Found some article, say that Centralized market is good to the community as it gives more profit But some article  say that Decentralized  market is better as it gives equallity to the market.
The best and simple comparison is to ask you so far, which has been a lot better; fiat or cryptocurrencies ? It is as simple as that. Fiats are centralized, which means they are controlled and someone will always have an upper hand forever, but for one thing, decentralization gives everyone an equal chance and how each person decides to use that chance is best left to them. Decentralized basically is that no one is actually controlling, and the market is more like a free ride for everyone.

They both have pros and cons but I think decentralized is better
The weightage of cons of decentralized market is very less compared to centralized one. In long term perspective, after getting established these decentralized markets will be the most used one hence the current problems due to unregulated nature will fade away over time for sure.
4327  Economy / Marketplace / Re: Main reason behind crypto currencies red market in 2018 on: September 24, 2018, 10:21:38 AM
Because of huge loss in investing on bitcoin people are loosing their trust on crypto,  and big players or holder are playing with small holders i think that's the main reason
That trust won’t be hard to gain back when the hype starts and then, they will keep doing what they know how to do best which is to join FOMO. The market is red, so what ? The coins are terribly down, is that new ? It is normal for a market to experience a huge correction and we see it in every other market outside cryptocurrency every time, but this simply is always a time to invest into these currencies so that when they recover, you will be swimming in some good profit, but people certainly won't just learn.

There could be thousand reasons why entire crypto market is down from last year's December. But the core reason must be, all of us. Yes, like most other market, crypto-market is also driven by supply and demand and we are the root cause for creating supply and demand.
4328  Economy / Marketplace / Re: what is it : coin price (or market) correction? on: September 23, 2018, 04:47:32 PM
simply I can say that ups and downs in the price for short periods is called price corrections. You can also use price volatility and price fluctuations. These all terms are used when the price goes up and down again and there is no stability in the price. You can also use the word variation in the price, but variation to some extent is different from correction.
Corrections will always be part of every market and there is certainly no way we can run away from it, and now this can differ based on the condition of the market most of the time. For instance, we have had some pretty good healthy corrections for a while now and there is a possibility to start seeing some growth, but the main idea of correction is to find a balance for the market to continue its uptrend and it is always a good time to buy more at the end of the corrections anyway.

I think correction takes place when the devs believes that the price of a particular asset or so its being valued more than the rate its supposed to the valued. So I just think that the price of Bitcoin bubbled too much and got to a very high price more than what it’s meant to be and that’s why the devs has chosen to take action and put it to what it’s meant to be. But that doesn’t stop another price bubble from taking place.
I would not say the devs in particular, it could be the whales or whoever, but most of the time, the market is always driven to  a state in which it gets off the hook and then you see it reaching some overbought stage and in cases like that, when the power tends to dropdown, correction is always imminent. Corrections are always temporary and not certainly supposed to be for long as long as the market eventually tends to find a bottom eventually.
4329  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What's going on with crypto? on: September 23, 2018, 03:06:47 PM
a lot of things make the price of altcoins fall now. although in fact not all prices fall, there are several altcoins that begin to show development.
I am not sure that prices will recover quickly.
Before the development, a whole lot of them had been battered by the bears and all is left for them now is looking for demand in their demand zone. A lot of them are trying to show some possible movement though, but at the same time, I would be very careful when going that lane, considering how the nature of the alt market can be rapidly when it comes to dumping.

Crypto generally has been in a bear market since late 2017 and that is it, I guess by now people should have got used to the fact that there is always going to be two sides to a market. If not ready to realize this fact then staying away for a while from trading or just investing only for longer term perspective is alone suggested.
4330  Economy / Trading Discussion / Re: Do Not Trade By The News, Follow The Price Action on: September 23, 2018, 02:00:33 PM
In my opinion we should be have skill in both, we should understanding the price action and fundamental analysis. Because when that coin has good fundamental will have potential to going up to multiple times in short duration. Buy the rumor and sell the news is still work in crypto trading, learn from the pass when any upcoming good news the price will going up all the times high and turn in to bearish when the news released.
There is no harm in having skill in both, but in the real sense, Technical analysis surpasses fundamental analysis, any day any time. I have never used FA in my life and I have been trading for over three years successfully.

Some may say it is wrong, but at times, since I am a swing trader, I just simply follow where the trend leads me and there can be nothing better than the chart telling you everything that it is to the market even though sometimes, things may not play out the way you want, but most of the time, it always happen exactly the way you expect it. OP's concern is, why I tend to feel surprise at people who keep saying they prefer fundamental analysis over technical analysis.

Yeah, fundamental analysis may back up some price action movement, but at the same time, it simply does not mean because of that, you should rely totally on FA. Technical analysis is a very vital part of the market and without it, and knowing how to use the analysis to sense direction to the market without forgetting that you always need to consider the risks as well, then, someone without TA knowledge will always have a hard time.
4331  Economy / Trading Discussion / Re: Dangerous price area on: September 23, 2018, 09:24:32 AM
Right now it is at those levels.
It can go to 7.2 thousand dollar levels in 24 hours or it can go down to 6 thousand dollar levels tomorrow.

We will never know what it will do but if you ask me it may go down once again, if it was going up it would have not stopped, bitcoin price increases do not stop until it reaches its final destination, they usually go up in a steady fashion and not with installments, it means to me that the bitcoin price hit its current max and will go down instead of going further up.

Nevertheless I might be wrong, it may go up too, it is just too difficult to speculate and trade based on what will happen next.
4332  Economy / Trading Discussion / Re: 3% loss 10% profit -> sell on: September 23, 2018, 08:20:36 AM
This strategy is good to use when crypto market on side away , but when bull market is better to use higher level stop loss and for the take profit is open, so by this way we will not miss higher potential profit because too early sell. And to lock the previous profit we can increase the stop limit price to higher price.
Yes, that is how a change of strategy comes into play at every particular point in time based on the market conditions. For instance in a bear market, you always want to keep a tight stop loss as much as possible, knowing the level at which a market can go down faster than you can imagine, but in any case at all, you always want to make sure that your reward ratio is higher than the risk. It is easier to trade an uptrend market since the market is moving up anyway and in that case, you basically want to be taking advantage of the trend to make your selling decision.

It depends on the time chart one is using, 3% loss can be set when you are day trading with 15mins or 30mins chart, but with the 4hr or a day chart, 3% loss is very likely to occur and one will miss out of good chances.
I would say 3% loss for day trading on a particular trade could be a lot high because as far as day trading may be concerned, you are not really looking for a very huge profit on a single trade and you really want to keep your stop loss at a very minimal level based on the time frame you are using and the strategy you are using to get into the market and stopping loss at least below support level. Certainly for me, I used to consider 2:1 reward to risk ratio when day trading.
4333  Economy / Economics / Re: China-Africa Cooperation and Lack of National Ideology of African Leaders on: September 23, 2018, 06:28:40 AM
Not all countries built at the same time with the same opportunities.

Simple example I heard from an american, was that New York was built perfectly for street and infrastructure ways because people who came from other countries has seen those problems back in the day so when they started to build the city they took all precautions, kinda like a "reset" button for them to make a decent infrastructure.

Same ideology applies here, UK had over two thousand years of development and managed to get this big over time, USA was improved with amazing trading profits as well, France has colonized others properly.

Africa do need outside help because it is underdeveloped and all by itself without trades or resources its impossible to improve within self.
4334  Economy / Economics / Re: Why Cryptocurrency threatens governments on: September 22, 2018, 05:01:18 PM
Many states have already legalized the crypto currency, but made it property, not a means of payment. But this did not affect the work of bitcoin. Difficulties in working with crypto-currencies arise only in those countries that have banned the use of crypto currency.
Yeah, a lot of states have legalized it for now and some are simply just quiet about it and I believe their idea of legalization would bring about some form of regulations and then when it comes to making transactions with the use of fiat, there would always be a need for fiat, and that certainly should make it not a threat to the government.

Even when we start hitting the point of real life usage, some of these tools will have a way of sticking with regulatory policies and comply and in that case, being a threat to the government will really not be a problem. If it is a huge threat to the government, we all know the government will frustrate and jeopardize everything.
4335  Economy / Speculation / Re: What is happening with cryptocurrency ?? on: September 22, 2018, 04:18:32 PM
Actually what happened to the market and BTC now? then what about the Altcoin situation that also follows a graph that continues to decline.
I think I have to stay calm for a while and spend time with my family at home.
 Lips sealed Lips sealed Huh
You have got a wise answer, stay calm and give a time to your family.

You can expect the price of bitcoin to reach $20,000, $50,000 or even $100,000 it's up to you, but you also have to have other solutions so you don't do stupid things. And you have to think that the price of bitcoin may decrease more than this, it can even reach $ 1000 because every trader will experience saturation so they decide to go out temporarily and make prices drop dramatically.

Cryptocurrency is very promising to be used as an investment place, but it can also be a place that is not recommended for investment. Your mindset must be rotated, when you have to stay with your investment and when you have to go out temporarily then clean the negative brain that you have so that when you return you have a good prediction.
That was a wise answer indeed. As long as you are not selling at loss and you believe in what you are investing in for the long run, I really do not think anyone should end up being fearful when it comes to the market, and should be able to take advantage of every opportunity, either it is buying the dips, knowing where to sell the market craze and then at the end of the day, if you are an investor, just being patient to wait for the best in the long run, because certainly it would come.

I think maybe Many altcoins still have room to fall further. Distracting yourself from the carnage is good if you want to HODL. The problem is that many people hold and hold for a long time, then finally give in and sell near the bottom. If that sounds like you, you might want to sell and wait for a real market reversal.
They could fall further in the long term, but in the short term, I only see them giving some good push. Normally, like the OP even after everything, it is always better to just stay calm, focus on the future, look at the better side of things, spend time with family and you would be surprised at how far you have gone before you even know it. People who are always in a haste to make money are the ones who always find it hard when it comes to staying calm in anything and that backfires a lot for them.
4336  Alternate cryptocurrencies / Speculation (Altcoins) / Re: XRP price leaps nearly 20%, leaves investors confused on: September 22, 2018, 11:36:59 AM
It's pumped now by 22.34%

That article you gave redirects the whole article to another website for the Read More.

What's with that?

I wouldn't be surprised if XRP would dump after this.
It is centralized, and this could have just been a manipulated pump for all I care, just saying! Sure, the volume really looks enticing and for me, I really do not consider XRP as a long term market to be in, but some market I would rather just do some short term trade and as long as it sings profit, no shit.

Investors rather than being confused though, should just be having a swell time accruing the profits as long as they know what they are doing. I wonder why some people believe so much in XRP to be investing long term, but all men surely knows what makes them tickle. People who follows only marketcap for choosing their investment opportunities, definitely will go for XRP as I do see there could be any other valid reasons for choosing XRP.
4337  Alternate cryptocurrencies / Altcoin Discussion / Re: Tim Draper: cryptocurrency market will grow to $80 trillion in the next 15 years on: September 22, 2018, 10:15:39 AM
I'm not so sure about the various industries that are often quoted as being suitable for blockchain applications. I don't think all of them will benefit from the blockchain. You don't always need decentralized consensus. But I'm sure that they crypto-market cap will eventually reach the range of tens of trillions of dollars.

I believe the growth of the crypto market is inevitable. More and more investors are realizing the potential of bitcoin as perfect money. There are speculations that bitcoin may become a fractional reserve currency for the national states in one of the future waves of adoption.

As far as the alts are concerned, it's hard to tell. The question is how many of today's altcoins are still going to be alive in 15 years? Maybe 10 to 15 percent tops. There is simply no room for all of them.
Right, the growth is certainly inevitable and there is nothing that would be stopping it. Blockchain technology is certainly here to stay and it is apparently the future and this is one technology everyone is already trying to be a part of, it may not affect every sector primarily.

But we both know it would affect a huge number of sectors in the long run and this simply shows that the more the sectors that this technology keeps penetrating, the more the growth of the cryptocurrency space. Therefore, experiencing a huge market capitalization in some years to come will not be surprising to me at all.

Also, as we keep seeing blockchain technology being implemented in various sectors, companies, organizations and the likes, the more we will get to see the space growing hugely and having a market cap as much as that would not be surprising at all. We are still new and here we are with the current market cap, imagine in few years to come what it would be like.
4338  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 250 NEO or 2.500 Tezos or 10.300 XRP or 2500 NEBLs? What would you choose? on: September 22, 2018, 09:11:27 AM
As title suggest I currently own 250 NEO... am thinking on relocation? What would you pick if you had to today out of the 4 mentioned!
At this point, I would rather go for either NEO or TEZOS. XRP is centralized, so I am not a big fan but I still do trade it once in a while as long as the market condition tells me to as a trader just like what we had recently with good profit so far. However, when it comes to choosing for investment, I would take a huge pick on NEO and TEZOS. I am not very conversant with NEBL anyway, but at least out rightly, that would be my decision.

I think the only project that did not make a potential and a premium was tezos. Of course it is very difficult to guess on the market.
Always difficult to guess and there is no doubt about that. When it comes to real investment, I am sure everyone will always have what they are looking out for and in that case, for a project with great potentials and for the fact that it aligns with my goals and the belief that it will do well in the long run based on real demand and not just some centralized controlled shit coin, I would go for Tezos myself. It is a hard pick though between the NEO and TEZOS.
4339  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What's going on with crypto? on: September 22, 2018, 07:44:09 AM
Crypto is tired I consider. And BTC's dominance makes the situation harder for restoring. The solution has to be here but I don't see it at all. I am so worried.
at present with the situation as it is today the most important capital in investment is your confidence and patience because before we start investing, of course we already know all the risks obtained
Yes, the issue that makes people not to have so much confidence in the decision they have made is because it was not knowledge based decision and as far as that keeps happening, anytime things tend not to go in the way they pleased, they start getting worried, panicking for no reason and keep making the worse decisions all over.

Every market is subjected to switching trends and until people realize that before they will know that bear trends is never a problem, but the attitude of people to it is the problem when indeed they should be seeing it as an opportunity to hold a good position in the market.
4340  Economy / Trading Discussion / Re: Increased Number of Scammers on: September 21, 2018, 04:59:10 PM
Yes i found many link phising of exchanges and wallet, so when we put money in to cryptocurrency is important to make sure we have some knowledge how to avoid it. Hacker is always looking for many ways to stolen our money,  so we should also have protection for our digital asset. Use anti malware on every device and always login by use bookmark link is one of the way to avoid that.
There has always been phishing links, from emails, adverts, name them and it is only left for each individual to try as much as possible to get equipped with the knowledge on how to be vigilant based on some of these things and how they should keep their accounts secured if they do not want to end up being a victim. Hackers and scammers have always tried to find different means of stealing from people right from the onset, and you only have a part to play as a person to be able to rid such.

In ico's i dont know exactly where they gonna use the funds of the investors who buy there tokens. Because if we dont meet the ico's softcap raised they are being scam and dont pay back our money who help to improve there project.
Help to improve project in what way? Bounty? If the ICO does not end up successful, then it is normal for any bounty hunter not to receive payment for the job they have done which is one of the risk of bounty hunting anyway, and it can only become a scam if they ended up not refunding the investors’ money back to them. What is imperative is for you to at least try as much as possible to know how to identify scams by doing the needful research if you do not want to be a victim.
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