Bitcoin Forum
May 02, 2024, 01:02:08 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 [218] 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 ... 297 »
4341  Alternate cryptocurrencies / Altcoin Discussion / Re: Blockchain Powered Search on: October 01, 2018, 02:46:04 PM
Like google but with blockchain ?
I mean google is google already, if you think you can even rival google than you are wrong but you can't also beat the likes of bing, duckduckgo, yandex and any of them, these are billion dollar corporations. Now even if you manage to find blockchain as a feature for a search website than you know what will happen ?

One of these big websites will start using blockchain as well and than yours will be useless, as soon as those websites use blockchain and get some good feedback the others will follow and soon all of them will have blockchain to support their searches. I find it useless for you to even try something like this.
4342  Alternate cryptocurrencies / Altcoin Discussion / Re: When hard fork arrived, what should I be prepared? on: October 01, 2018, 04:55:01 AM
Don't do anything and wait until fork done, when fork, they can't let you send your coins to another address for some hours or day, you just need to keep it in your wallet.
If you too scared, just exchange your coin to another coin.
Yes, you cannot do anything until after the hard fork as the only thing anyone can do is to just most of the time ascertain that they are holding their funds in a decentralized wallet in which they have the private keys and then be patient to see how things would be like after the fork, rather than being too much in a hurry and for what it is worth, everyone will always have a chance to get to know what they are to do exactly in each case.

Also, like you said, exchanging simply to another coin simply douses the fear if the person does not know what to do, but I feel for most part it is not necessary as long as you have your funds in a secured location and you have full control.
4343  Alternate cryptocurrencies / Altcoin Discussion / Re: What are you long on, and why? on: September 30, 2018, 05:46:10 PM
ETH and Bitcoin Smiley.

Bitcoin because I have always been in love with the idea since day one and eth because it has dropped way more than it deserves because of the all the troubles with ICO's not getting enough funding or the ones that got enough funding paid a lot for tokens they give out for ETH and now that ETH is lower those ICO owners lost money on ETH drops on both ways so they want to get rid of it.

With eth going so low and miners can't keeping it up enough I think it will skyrocket to a great level soon because it can't stay as low as this when even mining it costs more. Miners will not sell at these prices and the price will be just temporary.
4344  Economy / Economics / Re: A few suggestions for profit on the crypto market.. on: September 30, 2018, 04:57:43 PM
A simple suggestion to make huge profits in crypto world,buy the bitcoins as much as you can and keep them in a cold storage for five or more years then come back to it and you will be amazed how much profits you made. Smiley

For the short term we can do mining or trading as per our capital and skills.
Lol the problem is not many people have that high patience to hold for the next 5 years. one of the reasons why many users join because they want instant profits from this investment? then what I want to say is that increasing your knowledge about crypto and trading it will be very helpful.
It is that mindset that has made a whole lot of people to always act emotionally when making market or investment decisions. They have no understanding on how to invest, what they should invest in and the reason why they should be investing and by reasons, I mean real reasons, but the only thing they care about is how to want to make very quick profit in the market thinking things would just happen overnight.

In this kind of scenario, having patience obviously becomes a problem for them. Anyone who wants to make profit in this space should just follow a simple rule, buy when everyone is selling and sell when everyone is buying and they will know making profit is not that hard.
4345  Alternate cryptocurrencies / Speculation (Altcoins) / Re: buy Altcoins on this time ??? on: September 30, 2018, 03:31:52 PM
the bitcoin market is still in this sideway which makes altcoin also continue to decline.
I think we should see bitcoin recovering to $ 7000 so that the altcoin continues to rise again
Bitcoin at the moment is only affecting the market because it is still trying to gain ground on the direction it should end up following, but from the look of things, if it peradventure, gives a small bullish momentum with some break out upward, I would say it should look good for most of the altcoins as they are really making huge attempt to want to move upward at the moment, and I am sure that is what the whole market is gearing up for.

We cannot say they will continue to decline unless we see bitcoin break downward hugely which is why the only thing we can do now is to stay close monitoring the market.
4346  Alternate cryptocurrencies / Speculation (Altcoins) / Re: EOS executives left Block.one, the company that developed the platform on: September 30, 2018, 08:43:04 AM
I am not surprise about this, Brock Pierce one of the founding member left sometimes ago and there has been speculation of disagreement between the founder and the chairman Brock Pierce.

I don't have issue with people leaving a team and starting another project, this has happened in Bitcoin, NXT and Ethereum, but the concern I have is if the main developer leaves. If history is to repeat itself, I expect Daniel Larimer to leave the project in the next bull run and jump on the next big thing is crypto then. People need to be careful investing long term into some of this projects that is why fundamentals are very important.
This is the main reason why investing in altcoins for too long should not even be in anyone's dictionary.

I still feel that what most of the developers of these altcoins are busy doing is to get themselves rich and nothing else at the detriment of the holders. These are people that have been unstable, moving around from one place to the other as long as the space is now the one going nice for them, and then before you know it, bail out and move to the next one.

Bunch of corporate low life scammers who are just trying to feed off others but really have nothing to offer. Obviously as it is, EOS is just another sham as far as Ii am concerned.
4347  Economy / Marketplace / Re: What is pushing Ripple Rising prices. I hope to hear the opinions of experts on: September 29, 2018, 04:26:31 PM
Anyone haven't heard of Xrapid that Ripple has rolled out already a few months back? They're going to make another partnership though in next month that's why the price suddenly picks in the last couple of days and even surpassed ETH at the number 2 spot 2 days ago.

But then again, when this hype goes down and so is the price. Besides, many are still questioning XRP centralizes foundations or bankers coins. This alone makes XRP one of the coins that crypto enthusiast doesn't like because of its close ties with banks.
I also believe the Xrapid project would really be some of the main factor that effected the movement of the price within that short period. Fundamentally, everything is good with ripple at the moment, and hence for the fact that the market is centralized, a lot can be manipulated to instigate the market movement upward and hence, it is always going to be easy to see quick pumps like we just had recently. Sure, it is one coin that a lot of investors believe could implode, but for short term traders, as long as it brings possibility for good profit, then no shit.
Yes, nevertheless, fundamentally or technically, ripple will keep being a manipulated centralized digital currency and as far as that happens, the only community that will revolve around it, will keep being the same manipulative bankers that we have always had and some team that decided to keep a huge stash for themselves. The market is controlled, and that makes me believe that there is no way any serious movement upward would not still end up being driven back downwards, but I guess it is one thing we all already know anyway.

The Xrapid project, the alliance with the bank of Tokyo and some other things actually make things look fundamentally good for the coin as you said though, but at the same time, I would not count so much on the price sustainability for so long.
4348  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Coinbase accelerates the process of listing coin, the game changes? on: September 29, 2018, 02:58:45 PM
I saw a lot of coins and tokens that became scams and even died on this exchange made me think again to buy. if this coinbase project is implemented then I will see a potential coin based on a review of the coinbase which I myself don't doubt. I'm waiting for the results of their work for my future investment

I don't have faith on exchange wallets before I was using this wallet but I was using this coinbase wallet. I feel they were good to listing side and to organise the fund at there.
I have their android app and had happy experience with the coinbase. May be expecting it them on process of listing too.
Well, a centralized wallet will always be a centralized wallet as long as you do not have full control over your funds, but in terms of reputation over the years and for the fact that it is a regulated exchange that complies with the U.S law, it is a good exchange to want to trust but nonetheless, it is always better not to put all that you cannot afford to lose on an exchange as that is something that can back fire if anything shitty happens most especially when it comes to an attack on the exchange.

Based on what the OP said however, I believe this move of coinbase is a good one and should bring about some sanity as well into the market in the long run.
4349  Alternate cryptocurrencies / Speculation (Altcoins) / Re: From 150 - To 15 000 $ - ETH (speculation) on: September 29, 2018, 12:33:22 PM
I think you have a wrong understanding of the price of ETH. The price of ETH does not increase with the market. The reason for its price change is greater from ICO. Its current price decline is also because the ICO project is declining!
What really made you think ICO is declining ?

This is just some mere speculations, because the ETH market was driven down hard, but I guess you really did not take much look at the general altcoin market, so it is not like ETH was the only market here that got beaten. Secondly, saying that ICO project is declining is just fallacy.

Yes, we may want to put a blame on the fake ICOs and some other dump in market for that reason, but this is a market, even if it is not being used in real life, speculation is still a norm most especially for the cryptocurrency market at large, so what you said as the possibility of keep seeing a decline is something I won’t agree with. I guess time will prove one of us right or wrong.
4350  Alternate cryptocurrencies / Altcoin Discussion / Re: What makes you trust a new cryptocurrency? on: September 27, 2018, 05:05:33 AM
I wonder What makes you trust a new cryptocurrency?
It is very simple! A very brilliant team with vision as well as an MVP (Minimum Viable Product). The team has always been the first thing I get to study first when it comes to a new coin or a token on the block and then look at the possibilities of these team giving me what I want in the long run, their past achievements, the things they have really done and not just some lies and then make certain if this is a market I want to be taking a risk on or not. Afterwards, I believe every good team should already have a ready product and not just some empty promise, because I do not buy promises as far as I am concerned, no matter how much I want to trust the team to deliver unless I am convinced enough.
4351  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Late to Invest in Cryptocurrencies? on: September 26, 2018, 06:03:29 PM
[im g]https://blog.amon.tech/wp-content/uploads/2018/09/22092018131023374.jpg[/img]

Today, we stand to evaluate the progress of Blockchain largest exponent; cryptocurrency, and to in the end see whether its Golden Age has come and gone.

https://blog.amon.tech/is-late-to-invest-in-cryptocurrencies/
It is never too late to invest in any market, the only people who see it as a late period are those who do not understand the long term benefit they stand to gain from the market and are so much focused on the negative side of things rather than seeing it as an approach to get in at a lower price.

No one knows about any golden age that has come and gone and for one fact, no one can see the future and obviously, dumb people will always want to come up with some unnecessary FUD or reasons why they feel they should not be joining the market, but in the long run, they are usually the same people who end up joining FOMO because they are so weak to make good decisions.
4352  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Are Alts About to Crash? on: September 26, 2018, 03:52:08 PM
With so many coins and tokens currently registered in various exchanges, it is only natural to make the competition very tight and of course have more coins and tokens to die.
Well, there is no doubt in the long run, that we will end up having altcoins that will definitely end up taking the hit as the case may be, but one thing here that we also have to understand is that future is always a hard thing to know because we cannot know it, but we can only play with the present, take advantage of the opportunities and make a better future for ourselves.

For most of the altcoins without product, there is no possibility of seeing them grow substantially in the long run, and this is an area where people should always consider before investing in anything.
4353  Economy / Trading Discussion / Re: scalping strategy on: September 26, 2018, 01:20:43 PM
Bolinger band is good indicator for scalping and we can use upper band and low band to confirm the reversal point. Others indicator that can be good for scalping is combination of 2 MA which each MA use different periode, example MA periode 10 and 20.
I believe just the MAs based on the market and some momentum indicators most especially the usage of Stochastic RSI indicator is actually a very easy and simple way to day trade. Asides from having to monitor the market steadily every now and then, I want to believe this is actually one very good way to have a strategy, stick with it and be able to make very good short term market decisions as the case may be. Bollinger bands to me seem a bit too laggy, probably one of the reasons I do not fancy it much.

I think scalping is not profitable. You spend too much time on it, and do not always go out in profit. It is better to trade in the middle and long term. I would recommend to study the price action for scalping, if you still intend to engage in scalping.
I have been scalping for the past 2 years and I can tell you it is very profitable but risky. I think it is that risk part that a whole lot of people do not understand and they tend not to try as much as possible to learn all they can so as to be able to do better scalping but the idea of making quick bucks from trading without knowledge has led so many people into trying to scalp the market and failing and with the huge risk, you can quickly get frustrated when you do not have a strategy.
4354  Economy / Trading Discussion / Re: What is your opinions about today's trading? on: September 25, 2018, 07:08:53 PM
current market situation is not good. Still bear market going on. This time is not so good for trading especially short term trading. Only expert knowledgeable trader will gain profits on this bear market.
But, I am really glad that it is kind of stable these days. I have some work to do and I will be paid and when its swinging sometimes its great because whatever I am paid it increases in value and I make an extra profit however I rather not have that and get rid of the times when the price goes down and I get less money for my work because btc dropped.

Trading is not something just the traders do, us people who have investments in bitcoin have troubles trading our currency back and forth as well when the swings are too high so when its stable I am always grateful and happy that my work is getting paid whatever it is without me losing any money on trading.
4355  Economy / Trading Discussion / Re: Descending Triangle or Falling Wedge? on: September 25, 2018, 05:22:40 PM
Certainly, this is one important point in the market where traders always wait on the sidelines and would prefer to trade the breakout, considering how fast the market tend to go downwards anyway in a short period of time that go upward and as long as we are still in that trend, we are still bearish. I want to believe coming days will actually tell us how things would end up turning out anyway, but at this stage, it is always better to let the market develop.

It may swing either way, but I voted for a Bullish trend. That's what I think will happen, even though some other indicators, like Ichimoku, predict a short term bearish run on the daily chart.
I still feel though that we may move in that descending triangle for a while and then in this period get to see the altcoins bounce hugely and then see a fall afterwards. Not certain anyway since we cannot predict the future but if we see the descending triangle play out and we get to see a drop downwards, it would go fast and would certainly be the best opportunity to be buying the market at that point. For me however, it is all about the accumulation with the dips.
4356  Economy / Trading Discussion / Re: Why comparing cryptocurrency prices is wrong? on: September 25, 2018, 04:18:26 PM
i think that depends not only on marketcap, but in fundamental and techincal analize, because that two factor make the price rise/down.
specially for fundamental they make big impact for influence coin price.
Technical or fundamental analysis will not help someone who is not ready to understand that investing in cryptocurrencies is not just about the numbers but the value in real world that the market they are getting into creates or will have the potential to create in the long run and that is what totally makes it very valuable and be able to sustain its value as time goes on.

People simply pay so much attention to the quantity these days that they discard exactly the potentials within a project before even deciding to invest in it. Most times it is always just better to concentrate on coins with very solid and good projects rather than trying to just pick anything because of its quantity. In the long run, even if smart moneys want to enter a market, they look for market with potentials as long as it is in a dip state, and then they invest.
4357  Economy / Speculation / Re: Predictions if Bitcoin ETFs are approved on: September 25, 2018, 02:28:00 PM
If I were you OP, I would not expect much from ETFs since they won't impact the market that much because:
I'd like to say the same thing as well that don't expect too much with it but understand what really ETF's are. It will determine a small price pump but just like what others said that you have to know the details regarding it. Just like what's with bitcoin futures before, a lot of people doesn't have an idea about and is only thinking about the spikes. I also agree with those that said it will create a short term pump and later on we'll be back on where it used to be. Well, I don't know if SEC is playing with this they keep on delaying it.
I am not really expecting anything too much from the whole ETF approval anyway, both in terms of it getting approved or the impact it would have on the price. The market will behave however it wants to behave with or without the ETF and even though we expect that in the long run, this would bring in more smart moneys into the system, but at the same time, we would not just expect some skyrocketing over night because of that.

Simply, we might experience a short term pump as a result of speculation, but that still does not change anything as a lot of people would expect, but surely, it would bring about a matured market in the long run.
4358  Economy / Speculation / Re: Tether Has No Real Impact on Bitcoin price on: September 25, 2018, 12:28:27 PM
For there to be the kind of influence, USDT has to have to same or more popularity as BTC. As it stands for my view, fewer people know USDT. It is natural that the researchers concluded that there is no influence.
There is seriously no real influence as far as I am concerned, and I believe for a while now, people's doubt about tether being printed out of thin air and probably affecting the market has been doused since the whole auditing thing came into show and then I am not sure how they proved it is tied to a real bank account and the amount present therein.

Nevertheless, it is normal for people to always tie things to a bear market anyway, and as far as I am concerned, as long as we get to see real life usage, people will get to find out tether is just a stable currency tagged to fiat and nothing else than that which makes it not to have a direct effect on the price unless the supply itself generally across board is huge than the demand.
4359  Economy / Speculation / Re: When will the price of cryptocurrencies be stable? on: September 25, 2018, 11:40:51 AM
I believe that this market has never been characterized by great stability, because unlike institutional markets, the crypto market has been much more susceptible to experiencing large inflows or outflows of capital according to the rumors or the emotional aspect of the investors.

And personally I do not think this will change much in the medium term, because the decentralized aspect of the market prevents it from being intervened by regulatory authorities that prevent the speculative manipulation of prices.

i think this is the characteristic of this digital currency a not stable due to unpredictable market as the price can swing anytime. Maybe in the future if the circulating supply has been spread to millions of holders around the world then this will not easily dumps or pumps with those whales.
There is no stability in the prices of cryptocurrency. It is the nature of cryptocurrency that it will never stable and if the prices would stable people would take no interest in investing their money in cryptos. Cryptocurrency is like stock exchange investment and as the prices of a share does not stable, the same is here with cryptocurrency. There will be volatility in the price every time.
What makes the idea of decentralization tick is that it is not controlled by any means and there will always be a dwindle between demand and supply as time keeps going on and even at some point, if we are able to have some good level of usage and demand, it still does not stop it from fluctuating, but probably by then, the market would have been more matured, that we certainly may not be seeing so much volatility as we have it today, but whether it is a lesser volatility or more, volatility is still one factor we cannot rule out.

Fluctuations are not just only common in the crypto world; they are common generally in most markets be it; stocks, Forex or whatever.

Value as long as it is still tagged to another value cannot be stable and there will always be fluctuations, and for the fact that this is a decentralized market and the fact that it is not controlled by any single body, it makes it more prone to fluctuations than even the normal markets, without forgetting that it is still in its very early stage.
4360  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.
Pages: « 1 ... 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 [218] 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 ... 297 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!