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1461  Economy / Economics / Re: New investor and prices on: May 19, 2018, 04:15:33 AM
This is wrong. New investors are not able to influence prices. They may promote the activity of trading, but they usually trade a small amount of money. If a large consortium enters, the price will be pulled up instantly.
It depends though on the level of investment and the level of adoption by new investors. Normally prices can only be affected by a huge demand and in the case where we get to see some level of mass adoption, sure they are all new investors and we can get to see the price affected as what reflects generally in the outer world will be effected one way or the other in the trading world. Nevertheless, without new investors or the ones in the system trading, there would not be any price movement but since it is a market, it is normal to see this.
1462  Economy / Trading Discussion / Re: do you believe in luck? on: May 18, 2018, 04:39:14 PM
Yes i believe in luck there are certain cases which give us solid proof that luck actually exist life winning lotteries.. Surviving from deadly accident there are scientific theories and evidence for luck.
Well, in this context, there is nothing like luck since the OP simply referred to trading. I believe luck is how you are able to use your own wisdom to utilize what is available to you by learning first and doing it well. In trading, knowledge comes first, and luck may come in picking a coin that can actually hit a big one than you would have imagined. Now, those are totally two different things, because if you believe in luck to make trade decisions, then you could as well just go give your funds to charity.
1463  Alternate cryptocurrencies / Altcoin Discussion / Re: Should I invest in Bitcoin Diamond BCD? on: May 18, 2018, 08:37:06 AM
BCD this time trading prices are very different in each website. I know that BCD has no official wallet and can not withdraw. But is that okay? Should I invest at this time?
If you want to be investing in a shit forked coin of bitcoin which is listed on several shitty exchanges, then be my guest to be ready to lose all that you are investing in a short time. Come on! I really do not know if guys like you do not always do research before making any investment in the first place ?

I know asking here may be one, but it is always better to have your own outright decision to make instead of seeking for opinions. BCD is a shit coin, and unless you want to be back here in the next few months, throwing darts at the community, then you should better stay away.
1464  Economy / Speculation / Re: Do You Know How Whales Sucking Us on: May 18, 2018, 05:45:07 AM
The picture only showed the second half of the process. For those coins to get puked back on the market they first had to be purchased and that was also done by the whales. If they had not bought them couple weeks back we would still be in bear market hoping for the price to stay above 6000 USD. Instead, those whales gave you a trading opportunity, moved the price up and allowed you to gain 3000 USD per con held, yet you still hate them.
Yes, since they have a huge position, they just know how to call the shots on the market knowing how traders and investors are going to be reacting to it. The thing with the market is that even as traders, all we are doing is an educated gambling, and whales are really the ones making the huge profit at the end of the day but there is really nothing we can do about it.

Asides that though, I want to believe that the market is purely speculative at the moment, and it is just the way it is! If there is a huge demand generally in the outer world (by this, I mean outside the trading world), we would not be seeing the market this way.
1465  Economy / Speculation / Re: Short term traders should read this on: May 18, 2018, 05:09:48 AM
That is pretty much a very good advice right now, most especially when a lot of uncertainty is surrounding bitcoin and personally, I am holding just very few coins now until I see the trend fully changing.

Most of the altcoins are showing sign of recovery though and looking like they really want to bounce, but with the whole level of uncertainty in the market, it is a hard one to really gamble. Let's just see how things will be turning out pretty soon with bitcoin which seems to be knocking on lower doors.
1466  Economy / Speculation / Re: Do you feel the rise of BTC anytime soon? on: May 18, 2018, 04:37:17 AM
I think we will see the growth of bitcoin, but not in the near future we need to give a little time for its growth, I think that such rapid leaps up will not remain only a smooth growth

Right now we are going to witness the price increase little by little but we can experience the price to be much faster compared of what happened last December. The price has been corrected of its value to prevent more speculative ideas to hamper the bitcoin price growth. Price bearish market still there for a few months, and as day traders always plays with the market we could not eventually make to the higher price again as long as those whaled will enter to the system and invest their millions. So its better to stay tuned and keep your burning confidence.

Honestly, i don't really care anymore about what will happen soon. My btcs are stored for the long run and what will happen even for this year would come by without me flinching. We all entered this market believing in btc and its promise so might as well stick by it
Always the easy way out. A lot of people stress themselves emotionally trying to assume what becomes of the market in the long run and forgetting why they should be more focused on the future and the long term prospect of what they are holding. There are a lot of potential and the fact that development is not going to end up lagging, is one thing that would make growth not to stop and that alone should make anyone believe in the rise in the long run.
1467  Economy / Speculation / Re: we're pumpin right now on: May 17, 2018, 06:52:53 PM
Of course we are. Going to 2 500. This is "real" price. after that to 600-800
Very funny, honestly. People like you really do not surprise me anyway since your name implies you have been under hill. All the above, I am not sure we can ever get to this stage at all and that would really end up showing how weak the market is in a case like that.

Moreover, there is simply nothing to make the market get down to that level and everything you have said is basic shit. The market may be volatile and we get to see lower days, but who cares anyway, as those who are smart enough will just keep seeing it as a chance to buy more.
1468  Alternate cryptocurrencies / Altcoin Discussion / Re: How safe is exchange? on: May 17, 2018, 06:18:26 PM
Many exchange operate different level of security checks and balances! You may not be able to really verify their claim, which mean you have to trust them blindly! I will advice anyone keeping all their funding on exchange to think twice. Don't put the fund you can't afford to lose on any exchange!
No matter what, no exchange should be considered safe as long as they are centralized and the most important thing is to never leave your assets in them unless you have intention of trading them if you do not want to end up being screwed like the days of MtGox and the likes. The thing is that they may promise to be using a high level of security, but does this really guarantee anything much except to be at the mercy of the exchanges not having a loop hole and make them vulnerable to being hacked ? I doubt Cool.
1469  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is crypto making the world go crazy? on: May 17, 2018, 08:15:50 AM

So many advantages possessed crypto, it is proved with so many countries that began to support the existence of crypto even has been using blockchain technology to support their data management technology.

I can say that the world is increasingly convinced of the future of crypto.

These conditions have an impact on us businessmen in the world of crypto become increasingly convinced of the benefits of investing in the currency crypto.
A lot of advantages that so many people are trying to tap into. This is a decentralized world and it has really made a lot of things pertaining investment easy even though still a lot risky except for now though, that things are gradually beginning to change with regulations.

Although, these opportunities, such as ICO investments, trading, holding for the long term, transacting without border barriers, having full control are all the things that makes it a lot interesting for anyone to want to be a part of and who is that smart person that would not want to ?
1470  Economy / Economics / Re: Big FUD attack by Warren Buffet, Bill Gates and Charlie Munger on: May 17, 2018, 04:40:05 AM
Bill and his old pal, Buffet think they are FUDing. But in the real sense we Bitcoin veterans know they are FOMOing. Only noobs get shaken and show their weak hands at news like this. It isn't as if the news didn't shake Bitcoin a bit. It did. But that is just all there is to it. It won't make it dip like we saw a few weeks ago. Cryptocurrency is bigger than any individual. The Chinese did their worse, yet Bitcoin survived it. Sure, China is a bigger institution than these old men.
In some scenario,, they have forgotten that people are getting smarter and wiser by the day. If bitcoin were to be long gone with FUDs, we should even have nothing left or probably we would all be bag holding right now.

They know that, they are not happy they missed the show; they are scared they are going to miss out but they do not want to be buying at a huge price which they will still have to pay for it eventually. The end of the cinema is going to resort to them getting in when they are sure there is no more room to go down and the weak hands crying wolf based on how they have been deceived.
1471  Alternate cryptocurrencies / Altcoin Discussion / Re: HONEST bounty hunters should be treated with respect on: May 16, 2018, 05:00:31 PM
I have seen situations where bounty hunters are side-tracked after providing their services towards the success of ICO projects. It is either they are paid less as against initial agreement, or they are not paid at all. I would have mentioned the names of some of those projects, which succeeded, are already listed and yet did not pay bounty hunters. Some things really need to change. We are to be treated with respect, most especially the honest bounty hunters.
Sorry bro, but the thing is you really do not have any case if you are not calling out the culprits. Still, that is actually one of the craziness that comes with bounty hunting and another thing is that any team that actually does not fulfill their end of the bargain for those who promoted the project are definitely just selfish and little things like this may count for future investors anyway except they have something really good to dish out. However, just move on, some will give you what you are entitled to and some will not. Shit happens everywhere...
1472  Economy / Speculation / Re: Bitcoin has dropped so invest more on: May 16, 2018, 04:18:33 PM
people are panicking over the drop that has been experienced over the last few hours why don't you look at it as the best time to invest more

if you are panicking too much you need to evaluate your risk management skills or you will be feeding the sharks
its the crypto world you can expect anything
Said it like a hodler but the current drop is all tied to the Asian market that has received some rumours of exchanges being banned in china and South Korea that will affect cryptocurrency trading...which is why we need invest now to have the market diluted to avoid such dips from recurring as this also goes to show Asians still hold a big share in this market.
Nothing is tied to the Asian market as we always try as much as possible to look for something to tie to every drop.
If the market was due for correction and then it comes, we just simply assume that there is something negative going on.

Traders react all the time to a market and that is all that it is, and that does not stop the fact that the same way we can get to see a downtrend is the same way we can also get to see an uptrend and vice versa, so it is left for each individual to know how to play smart.
1473  Economy / Speculation / Re: Bitcoin Price To $36K in 2019 - Expert Research on: May 16, 2018, 03:43:21 PM
I hope so too, so many new people who are interested in the world of crypto (bitcoin). but, in my opinion it is still too early to discuss the price in 2019 later. we the users, investors and markets, should focus first on the price in 2018 later, so the price at the end of the year will burst again as happened in 2017 ago. I'm sure the end of this year the price will pass through his new record.
We sure are all hoping for the best, but generally I have never been a fan of all these guys that just want to be predicting the future like they are God or something. No matter the proof these guys think they have, it is all just some form of hope and we can only get to know how things end up when the time comes.

For now, let's just stick to the present moment. Yes, it is good to hope for the best, but timing when the best will come is just what I personally do not prefer. In the long term, I am bullish, but how long it is going to take, is only the business of time.
1474  Economy / Speculation / Re: Сontinued growth or dramatic fall on: May 16, 2018, 01:21:33 PM
Bull Market will be on its way. I am confident that Bitcoin will rise up and will continue to grow. The awareness and acceptance of people especially Millenials will definitely have an impact on what Bitcoin and Blockchain Technology has to offer. We are already on the digital time, remember that.
That is definite but when is absolutely what no one can tell. We could end up having some little bit of growth for a while and we may end up having a dramatic fall, but at the end, all totally depends on time and how things will end up sufficing. No one knows anything for now and the market is really centered on a lot of FUD as a result of so many things with most of it being the MtGox palaver. We still have time in our hands to see how things will eventually be turning out, so let's see.
1475  Economy / Speculation / Re: bitcoin market recovering ? on: May 16, 2018, 12:51:02 PM
Bitcoin recovery is long overdue. It has traded below 10000 USD for about 3 to 4 months now and I hope is starting it upward journey to $15000
Well, we cannot just expect recovery to happen overnight. The market will always get to play around a little bit to find the next direction and all this things can get to take a while, most especially when it comes to consolidation.

Right now, this is what we are having with bitcoin and the only thing we can get to do is to wait and see how things will end up spanning out and nothing much should at least be expected for now until there is actually a clear signal and hopefully we get to see the bulls take charge, or else, we still have the bears around the corner.
1476  Economy / Trading Discussion / Re: How do you trade? on: May 16, 2018, 12:17:52 PM
I like to trade with long term holding strategy because i think long term investment gives you a great profit that will increase you profitability,
This is actually a good way for most people who are just trying out trading. Buy the dips during accumulation which is easy to spot with MACD, then sell at basic support levels where there would be chances of pull backs, and then buy back again with some level of risk management, and then keep it going until you will eventually get to see some crazy FOMOs eventually.

It is a good way but it takes a lot of patience sometimes but the good thing is that in an uptrend, one can still make use of the lower time frames to trade the pull backs once in a while.
1477  Economy / Trading Discussion / Re: Hello traders on: May 16, 2018, 04:50:14 AM
Some says that to be a trader is very risky, if it is really risky why there are still traders and more are becoming interested to be like this?  Anything that you can share and advice to a newbie like me is appreciated.
There is a difference between a smart trader and just a wannabe trader. A smart trader will take his time to understand the risk, take his time to learn how he can minimize those risk and end up getting something huge from it and as well, but a trader who just keeps hearing you can make a good profit without understanding all these things will only end up being a victim of the risk.

The fact that it is not risky does not mean you cannot trade it, but understanding what to do and putting those risk ahead when making trade decisions is always important.
1478  Economy / Trading Discussion / Re: which coin safe for trading? on: May 15, 2018, 05:04:41 PM
Bitcoin, ethereum, litecoin, monero, zcash and most of top 20 listed altcoin in coinmarketcap are all safe for trading and you could also make a fortune from  these coin.
well, coins that have long been used as you mentioned would be safe to make in trading tools, or investments. especially the bitcoin and eth that have gained great trust from some countries.
Well, investing and trading are totally two different things and in this sense with the OP asking which coin to be trading is way above what he should be asking. If he is asking that based on the one that would make trading easy for him, then he is not ready to start trading, because without knowledge, he is still going to be screwed anyway. Nevertheless, if he is asking based on the fact that he does not want to trade shit coins, then that is a good way to go.
1479  Economy / Economics / Re: Will Crypto currencies make local currencies disappear? on: May 15, 2018, 10:19:49 AM
Competition between local currencies Vs crypto currencies are in peak now. Crypto currencies have occupied currency market causing local currencies enforce (banks) banning of crypto currencies. We can see number of investors have turned towards to bitcoin and other crypto currencies with large scale. Will there be a chance / time bitcoin and other crypto currencies rule over currency market and local currencies get disappear slowly in a decade or two?

I don't think so. Local currencies have a long standing history with their own locales or countries to speak of, therefore, it's not easy to actually dethrone them because they are more establish, and simply, people trust them more than cryptocurrencies. Although cryptocurrencies reach far more than some currencies because it is used globally, but when it comes to the conversation of one country, their currency is more trustworthy for them.
Yeah, they really do and asides from the long standing, a lot of people will really find it hard to even adapt to the usage of cryptocurrency as I see them as still living a borrowed time. Those in their late 60s are finding it hard to even conveniently get used to the internet world except for those who are really trying their best to be as updated as possible.

In this case, some may just have to accept the traditional way the way it is, let alone, those in some under developed countries who may not even have access to the infrastructures to access this technology.
1480  Economy / Gambling discussion / Re: Effects of Gambling on: May 15, 2018, 07:51:05 AM
See gambling is not a full time employment and it is completely different type of enterinmnet. We should not consider gambling as very serious money making, otherwise, you will end up in loss. This might be bad option if you keep gambling it might damage your ethics of loosing money.

Well, people know this and they are still hoping that they will be getting a good money out of Gambling since a lot of people are winning in this kind of game though what they did not know is that these people who won also experience a lot of losses before they experience a great win. In these times, people tend to choose the most easiest way to earn money and that is risking your money with a greater win but with a higher risk and one of them is gambling.
I have not even seen someone who would just keep winning consistently in gambling, knowing that you are really going to be losing more than winning anyway. Moreover, it is worrying to see how people take gambling as if their life depends on it and as if it is a normal job for them and this is wrong.

As long as they can know that if they are gambling what they should be sticking their mind to is having fun and knowing how to place limits for themselves, then there is no way the negative effect of gambling would not end up surrounding their life cycle. Mostly gambling influence us in negative way both psychological and financial. Quitting gambling may save us. No other way to escape Shocked.
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