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1121  Economy / Speculation / Re: Bitcoin might be $5000 short term, $1000 longterm if support is broken - Sosnick on: August 16, 2018, 01:44:24 PM
This is not a clickbait doom article, but a simple analysis, by Sosnick of Interactive Brokers, of what might happen if bitcoin has completely broken the $6000 floor.

I reckon this is one of the most practical analysis that I have seen, but I hope his longterm speculation will not happen hehehe. It might also be an exaggeration, I reckon.

[im g]https://asset.barrons.com/public/resources/images/ON-CJ695_Umbrel_B620_20171229162631.jpg[/img]

Watch the video https://www.bloomberg.com/news/videos/2018-08-13/bitcoin-could-fall-to-1-000-long-term-interactive-brokers-sosnick-says-video
Lol, yeah and than it will be 10 cents each, than we will find life on some distant galaxy and they will send spaceships to our world and there will be misunderstanding because of the big egos of our politicians in the world and the war between aliens and humans will cost a lot of times but I will unite humanity under one flag versus the aliens and manage to best them and humanity will award me with bitcoins and make me king and I will be assassinated by my court gesture out of nowhere.

Dude what the hell are you smoking, bitcoin can NEVER be $1000 again. Like even if biggest top 20 countries in the world like USA, UK, China, Germany and what not can come out and say we ban bitcoin and anyone uses bitcoin will be jailed for life, even than price will probably not reach 1000 dollars.
1122  Economy / Speculation / Re: Bearish again? (Back at $5500) on: August 16, 2018, 01:13:43 PM
The Bitcoin pirce trend has always been clamped within $5500-6000. The spike pricing $7000 was too synthetic since an increase if 1k in a day was a bit sketchy. Will we ever see pricing skyrocketing again? What are your thoughts?
I doubt it can go that much low anymore. I mean it still can but I doubt it will happen, I believe for a while it will stay around these levels before going up again. As per some expert's analysis bitcoin market is just copying exactly what happened in 2014 after hitting $1200 for the first time. This makes me worried a lot.

People are forgetting that going back to $20k is really hard however getting bitcoin down to $4k or lower is actually harder, you need billions of dollars or some sort of manipulation/speculation that could rock the crypto space, like USA bans all crypto related stuff type of big, either that or billions of dollars. I doubt anyone would do neither of those two just to get bitcoin price under $4k. Considering this, I think we are at a safe spot, the price is good to buy because it is really hard for it to go further down.
1123  Alternate cryptocurrencies / Altcoin Discussion / Re: BTC market manipulators have lost market participants! on: August 16, 2018, 12:24:46 PM
The dumb ass bitches that have destroyed this market have lost many market participants: People sold and got out because of the manipulation!
If my Top 10 Alt does my go up with the BTC price I am out also.
BTC is going up today and my Alt is not recovering as well as it should:
The bitches that did this can stick this market in their ass!
Your problem is because you allowed them to use you. They were very much smart than you were, that’s why they were able to make you lose your money. This people are very and once they putting money and see that people have started investing they will immediately withdraw with the huge profit and you will see the price dropping immediately. Hence, if you were smart you should have had a target and also set your stop loss or limit to withdraw. You were greedy and waiting for price to hit millions lol.

If you notice, the volume in major BTC/USD exchanges is improving compared to what we had in past weeks. Bitcoin is trading around its support levels of $6100 to $6300 levels hence many traders are joining now to grab their share as market may bounce back to $8500 from this point in coming days.
1124  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins to Invest? on: August 16, 2018, 11:42:45 AM
Which will be the best altcoin to invest this year? It was ripple last year where investors got the jackpot with a short term investment and I think stellar will be the altcoin to look after this year and what are your opinions?
Not only Ripple, Litecoin was a good coin last year and that was really unexpected, no one expected Litecoin to rise last year it was a really surprising move and everyone just rushed it. I still believe that Litecoin has the potential this year and it may increase. As for Ethereum, we all already knows that the price increases whenever the price of Bitcoin starts to increase, and that’ one is for sure that we are going to invest in it.

I wouldn't invest in altcoins in this market. Wait for a sign that the altcoin season is coming. If you really want to go for an altcoin check out Binance Coin and ZRX.
I have already heard about binance cash and doing my own research on it for considering about investing with it but what is ZRX. Let me check in google. If your time permits, please share more about when you suggest a coin to this community. I mean just a coin name alone will not be enough for anyone.
1125  Alternate cryptocurrencies / Altcoin Discussion / Re: SLeepless nights doing bounty campaign is it worth it? on: August 16, 2018, 09:08:07 AM
I know that there are other members here working day and night doing bounty campaigns. But i think that doing bounty campaigns is not worth it especially if you had a lot of work during the day. Some are just boasting on their bounty campaign earning wherein fact maybe because they are lucky to receive those awards but somehow do not wish that you could be like them because some of the ICO project that you will going to work will not give bounty rewards and some of it will fail, or just pause. So no reason for sleeping late at night.
Rest is an important thing. After a day job you really need to rest cause it helps your body. Not having rest can just weaken out your body. But since you have decided to do that hard work, my question is whether you’re really making it. As long as you’re making extra profit and progressing, then you can continue with that. But if you work all day and night without achieving anything at all then it’s just a total waste and you should just quit from it and do it another way.

If we notice how rich people have become up to this status, they worked hard but not without sleep nor without plans. To plan up, you must have adequate sleep. Without that, you cannot work smart. I believe no religion also emphasized about working without taking rest. I am mentioning these all because veteran people and Gods also having same state on how we work to earn money for a happier life.
1126  Economy / Trading Discussion / Re: Be calm when the market falls on: August 16, 2018, 07:25:58 AM
I will simply withdraw my assets and continue to enter them into a more profitable area for me. Most likely it will be oil or gold.
This is an upset exit from the crypto market. Good luck for the next investment. This proves the fact that a traditional investment is the need of the day. Without a solid income from a solid business, investing in Bitcoin or other coins can be worrying and panic you. You would no doubt expect income flow and the market will suddenly crash. That is why they say invest the money that you are ready to loose. Next time when you enter the market, you will make pretty long term investments for you would not need to worry about the price volatility in the presence of a solid business.
1127  Economy / Trading Discussion / Re: Which is profitable coin? on: August 16, 2018, 06:30:53 AM
I trust Bitcoins the most and there is nothing better than that.
I am sure about that for the history of cryotcurrency depicts that bitcoin has been extraordinary in imparting great benefits and accumulating huge investments in the market. The fact that it has been accepted and recognized by advanced nations is just because they see the next level in the economic evolution of the universe. Besides, it can potentially maximize the ease of doing things that fiat or cash cannot. Hence, no matter how much the prices falls, Bitcoin is going to survive and claim the status of future cryptocurrency of the world.

Right now, a very profitable coin is $PRIV. Because of its airdrop campaign. One of the best I have ever seen. Take a look at this project. Huge community, very active devs, motivated team. Whitepaper coming in few days and much much more...
The reasons, you have mentioned are valid except the airdrop. I mean it is not a big criteria to consider for a good coin but if you denote about "getting for free" and that is the reason it is highly "profitable" then I must agree with you.
1128  Economy / Trading Discussion / Re: How to survive in a bear market and cut out losses on: August 15, 2018, 02:34:53 PM
There are two best variants I mean either to be a bear or to be out of market. I consider that any other strategies are dangerous or useless. I am pretty sure that the best choice for investors is to wait new bullish market. All kinds of speculators can try to earn in the current market situation but it is quite risky.
We have reached to a point that low market took a long time to recover and reason for these situations is our wrong actions so we should resolve that first. The mistake is we sell in low market that is enabling the market price to go down again and besides this we expect a better market price. If you want to survive in this market you need to buy as much as you can because in future you will get much benefit and this is the only benefit we have in this current market.

When the whole market is falling down, we do not have any means to avoid the potential losses. It is an inevitable thing, no one could avoid by doing anything. If one market is falling and another one rising means, if your research helps, you may switch over. But currently entire crypto market is falling down, you may book loss or may wait by watching out the potential loss calculations.
1129  Economy / Speculation / Re: GAME OVER for Bitcoin? on: August 15, 2018, 06:15:10 AM
It seems that after the news that the U.S. Securities and Exchange Commission (SEC) delayed a long-awaited decision on a proposed bitcoin exchange-traded fund (ETF), Bitcoin is keeping loosing value in eyes of investors. The probabiliby that we will face even large losses in the near future is high.
Do you think it's a GAME OVER?

Although bitcoin price has down quite a lot and is losing investor trust, but I find the current price is still quite high compared to many years ago, after a period of hot growth, price reduction is inevitable. Of course, I still believe in the future of bitcoin
Price movement is repeated price movement and we see that it has been increasing and then results in downfall so the only major reason for this alteration is the repeating and ignorant actions of users. We see that they sell directly after encountering any little increase in price and then they sell for little profit that does not let the price go higher and it seems funny that they still hope for better future, they should change their actions.

The game of being pessimistic of bitcoin prices is seeming got over now but the real game of having big value will never get over. Yes, bitcoin will definitely have big value in coming months. Strong holding around $6000 levels is the rock-solid confirmation for that. We may have up trend from the September month onward.
1130  Economy / Speculation / Re: Do you still believe in btc price predictions? on: August 15, 2018, 05:39:17 AM
I don't really believe the predictions given at the exchange place. I just believe the predictions I made myself by looking at the conditions of the exchange and seeing the graphs created by just looking at it. I can determine whether to buy or not.
It has been a long time that people have been speculating and predicting about the price of Bitcoin but we have been observing that none of them are correct but uncertain. So, I do not believe in the prediction any more and we should focus on benefits only. I just invest when the price is low and keep my coins for long due to which there is a growth in the price of my coins and I earn good money when I sell again. This is a good strategy when you do not believe predictions due to the volatility and just look at benefits which are to collect coins in large quantity.
1131  Economy / Gambling discussion / Re: Life with a Gambler - Solution! on: August 14, 2018, 06:01:07 AM
When I got addicted to gambling, I was living alone. It took me a lot of time to recover and getting back to the family was also a helping hand in that. However, I do agree that some addicted players are burden for their family members. One of my friends used to loose a lot of money and his parents used to pay for his expense like rent and food.
I just read in other discussion that being lonely and being dissatisfied in personal or official life may lead to gamble more and then get addicted to it. Hence you are not an exception. Life of a gambler is smooth and fun filled only when "everything under control". If you ask an addicted gambler, he also must say that he is having full control on his spending and with every part of gambling still he must be spending more than what he is earning from other sources and making from gambling.

The thing with gambling in general is that you actually are prone to not getting anything from it but instead, you are prone to losing a lot. Even at this, a lot of people still believe that gambling is a way they can just easily make huge money out of the blue and with this mentality, they are just busy screwing themselves every single time as they keep expecting the best from gambling but instead getting the worst.
1132  Economy / Gambling discussion / Re: Government backed, regulated gambling is more predatory than Crypto Gambling on: August 14, 2018, 05:14:10 AM
With regards to the government, I guessed that money wasn't a fair method of regulations. Talking about black money, the laundering act was a worst scenario that had happened on authorities doing such corruption of power. Fair regulations doesn't initiate fair contribution to the growing economy of the country. There's always an underground manifestation against the funds collected through gambling association, which really attracts greedy intentions to those gambling operators.
Among this game sessions, there is a strong back of government to many gambling casinos. Most of time these politicians are shareholders in such casinos. As far as crypto vs regulated gambling is concerned, we don’t have to get into details and such comparisons shouldn’t be made. I believe, we all must think how we can extract out all such stupid fellows who are getting in here but I am afraid we may not find any solution here as underground business are prime income source to most politicians hence regulating them will be highly impossible. But in my observation such government backed casinos are lagging with latest security and algorithm updates which may be a loophole to crack them out easily.
1133  Economy / Economics / Re: 5904 banks frauds in 3 months in India on: August 14, 2018, 04:35:35 AM
What kind of country let’s scammers escape after taking such a huge amount of money ? It’s very bad. Such must be a very crazy country, because they know the person that did that, why not bring him to face the law ? Instead of him go just like that ? Or did they leave him just because he was a billionaire ? Because if it wasn’t a billionaire they would have caught him. I don’t blame the country, I’m actually blaming their government for letting such people go unpunished, unless they were really punished and the op didn’t mention that.

5904 banks means branches or India has that many different banking network ? If anyone clarify more information that would help to understand these better. I read in recent times about India's ban on crytpo exchanges to have bank accounts. Now, I guess that they are trading bitcoins in P2P way as many other country people have innovated that is the solution when government goes against them.
1134  Economy / Economics / Re: How to calculate profit on: August 14, 2018, 03:10:04 AM
Profit is the difference between expense and income. Just subtract the income from the income and you will make a profit. The profit should be positive. In the performance of any financial transactions, it happens that a certain commission is withheld, this must also be taken into account in the expenditure graph.
One can know about his/her profits by keeping in mind the gap between the initial cost of investment and the final price of his portfolio. This is an easy way to calculate your profit but the most important thing is to maximize your profit and this could be done so by investing in a coin that is the most liquid in the market and the most profitable.

Besides, one having a good name in the market is normally demanded the most and that is the reason bitcoin has a high market cap. Besides, you can get the worth of your portfolio maximized by selling when the market is green.
1135  Economy / Trading Discussion / Re: Common Errors of Trading on: August 13, 2018, 02:15:34 PM
almost all the points you mentioned were common mistakes made by the trades even if they are experienced enough.But they also have to learn themselves to avoid these mistakes to make more profits,most important thing is not having a strategy or plan will leads to other errors.
Mistakes aren’t bad. They are for our motivation and learning hub. Those who learn from their mistakes must understand that their professional life would be amazing. They are students of teacher that is greatest of all the materiality approach elements. Mistakes have got hidden instructions that if would extracted out, must be fantastic for the learner throughout his life.
You cannot do well in the long run without making mistakes and learning some lessons from it. Some were fortunate enough to bump into trading the market last year when the market was in an uptrend thinking it is all about buying low, being patient and selling high. I do not want to imagine how that is working for them now in this downtrend market.

The fact is trading cannot be effectively done without knowledge and that makes anyone who ends up going ahead without it always end up fumbling. Knowledge are easily available only when we make mistakes if those mistakes are happening when trade in demo accounts or while trading in low volume then we may escape otherwise never ever repeat a mistake and that mistake does not need to be your own.
1136  Economy / Trading Discussion / Re: is this excellent strategy to trade on: August 13, 2018, 10:00:56 AM
This is not a good strategy and it is unethical to commit such act. Many other people will loss money and this is going to have bad impact on crypto. I suggest you to invest in a good coin, hold for good profit and earn money in an ethical way.
Being ethical must be a good policy for all the times of our life. We must need to understand the importance of being honest before rushing to make more money. With crypto markets, I do earn big money yet in ethical way by holding them for longer term rather than manipulating the prices in the name of day-trading/short term trading.

Long term works perfectly for those who are not very knowledgeable that much when it comes to trading as it is an easy way to go with less risk, but not like it is the best to come up with most of the time. Short term brings in more profit for those who are actually good at what they do as it gives you to take advantage of those short term fluctuations to make good profit. For those who may not like the general short term market noise, long term makes better meaning.
1137  Economy / Speculation / Re: Why we will see $50k Bitcoin end of year on: August 13, 2018, 08:45:04 AM
Actually we are heading towards $5K now because of these kind of speculations,so stop predicting the prices and keep concentrating on the longer term goals,maybe one day the price will hit $50K but it is not going to happen in the year 2018.
We are not heading towards the $5000 value. Who said that? We will rise again as the market in the phase of recovery and this will help Bitcoin grow further. A fall below $6000 was not possible in June and it is not possible even now. When it fell below June, it recovered in few hours afterwards and same happened twice thus giving a message to its reluctance to fall below the given price. I hope we will have a price as high as $20000 in December.

Many prediction about bitcoin I think the market will decide what will be the price on the future but most of the investors will be discounted.
Market is nothing but investors and traders as markets/exchanges cannot decide anything on their own. When more people will be believing into big things to happen in coming days then we may have prices even better than $50k too. That is the power of market and it is basically from investors and traders.
1138  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I have only 200€ to invest on: August 13, 2018, 03:58:15 AM
ETH, LTC or NEO can be used as a starting point. Investing in Ripple is not a good idea for beginners. It has already risen so much and is at the top of the market. I think it would be better to start with bitcoin because it can be more volatile in the short span but it can fly over the top of all the problems in the long span.
Well I am more optimistic about ETH and that has its reasons. ETH is the second highest demanded coin in the crypto market with the second highest market cap and the best technology that is thought of more potent than Bitcoin. ETH actual captured the second position in the crypto market in a time of less than three years and this is the evidence of the fact that it is backed by a very potent and advanced project. It might even outshine Bitcoin in future but that would be very long from now.

For 200€, I like to suggest to go for more than 3 coins to fulfill the diversification rules. Even ethereum could be considered similar to bitcoin, I will go for more than one altcoins all the times as anything may happen at anytime. Searching and then planning up will not let down anyone.
1139  Alternate cryptocurrencies / Speculation (Altcoins) / Re: WIll ETH pass BTC in 2019 ? on: August 12, 2018, 02:57:03 PM
WIll ETH pass BTC in 2019 ?
What am I listening to? ETH will pass Bitcoin. The answer is never and do not expect to happen. If you are a long-term investor, 90% of people will invest in BTC as it is the king of Cryptocurrency and will definitely stay in the top position until the market ends. Of course, if ETH wants to cross the BTC, ETH needs to raise prices to the highest level
Yes, ethereum will never value better than bitcoins but it is so far still the next big thing after bitcoin but expecting to find the next big thing like bitcoin is actually too much to be asking. The thing here is no one knows the future and even if we are picking a very good project with a usable product in real life which would possibly bring about a lot of demand for it, still does not mean we can know how much it would end up being except to just hold and hope for the best.

Ethererum may value more than what it is currently having but that does not mean it will value more than bitcoins. I guess no altcoin as of now is having the features and capability to pass bitcoins as most of the altcoins are not getting used in real life but gaining value only through speculations.
1140  Economy / Economics / Re: Will crypto solve socioeconomic problems? on: August 12, 2018, 06:10:08 AM
If everyone around the world gets into cryptocurrency, do you think it will even help in solving or lessen socioeconomic problems? Can it be used to buy goods from other countries? It is fair to say that crypto will help a lot of people but what will it do to one's country? Will it help improve a country's economy?
What you mean by socioeconomic problems ? In my understanding it is just another poverty hence that kind of problem is not something that can be solved by bitcoin, it is left for us to solve that problem, bitcoin can’t solve it. The only thing Bitcoin will do is just be a way for us to send and receive money, you don’t expect it solve your problems, it all depends on you who is the individual. Most of these problems are something that the government are going to solve themselves but they have chosen to go deaf ears on all that is happening in their country. By adopting bitcoins we may improve our wealth and the society but honestly bitcoin is just another payment system but for time being it is being used as an asset. From that fact, we should not get into bitcoin to non-realistic things like solving poverty of every country people.
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