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481  Economy / Speculation / Re: Bitcoin Bottomed out ? TA analysis. on: January 26, 2019, 08:14:10 AM
if we're talking about building a long term position, i think it's prudent to wait for signs of accumulation first. i've never seen a chart like this immediately erupt into a parabolic bull market. there should be lots of time left. nobody should be desperate to buy right now.
No, this must be a right time for building long term positions. I am sure no indicator will show the beginning of a new trend well in advance and for those who do now want to miss out this steep bottom prices then may start buying some right away. Technical indicators may start showing signals about trend reversal only after bitcoin prices entering and sustaining above $5000 levels. Also, buying now is a non-technical one hence we should not go for "all-in", buying partial and then adding up later kind of plan will work with current markets for any long term investor.

Moreover, it is being frequently emphasized here : for a long term investors, all the times are good to buy. With respect to current market prices, this may be a life time opportunity to buy bitcoins under $4000 and we may never see prices trading under $4k levels forever here after. I am very much sure on this.
482  Economy / Speculation / Re: Bitcoin $400,000 Says Investing Guru Mark Yusko on: January 26, 2019, 06:52:27 AM
$40k would be nice in 2020
$100k would be nice in 2023
People were speculating about $400k by the times of 2017 itself but we are now struggling under $4k even in 2019. You are speculating about 10x growth in next 12 to 24 months but I do always believe anything may happen within this crypto space like extremes of both the end is having equal possibilities here.

As stated before there is no basis for $400k and it's wishful thinking.
I think it is positive FUD to get investors into the game so he can accumulate profits.
No basis required to speculate because we cannot measure the demand with no technical analysis. When more number of people turn their head toward bitcoins, anything may happen. Roughly we may expect exponential growth. Because, we cannot expect how many new investors will be joining when bitcoin turns attractive and how much investments they will bring is also another mystery. Hence, one million dollars per one bitcoin also might be possible in coming years.
483  Economy / Speculation / Re: ichimoku cloud says 3100$ is the cheapest bitcoin will ever be on: January 25, 2019, 03:55:17 PM
The problem is that ichimoku only deals with the stats and charts and so forth we have, it can give you the result as long as you provide it with data. All the above, there are data that we do not posses in chart shape which also affects the price considerably.

I expected this withdrawal from contention of the SEC deal would bring the price down a lot but apparently some people heard about it earlier and managed to get out a lot faster and dropped the price already. There are some "news" that we hear all the time that affects the price which ichimoku can not really show. What if a whale comes up and sells 50 thousand bitcoins all at once tomorrow, what will happen to price ?

It will bottom really hard, probably close to 1000 dollar levels, can ichimoku predict that? No. Hence use this method to understand what market is "supposed to" do but also be careful.
484  Economy / Speculation / Re: Bitcoin prices are being settled to explode ? on: January 25, 2019, 02:54:14 PM
From the last three months prices of Bitcoin are range bound and hovering around 3600$ .It seems that the prices are settled and waiting for the uptrend movement . Is it the start of the journey towards 20000$ again?

I was used to this predictions before in which it always ends to disappointment as in never going to happen as desired so therefore it would be better that we should wait and see of the market as market price is really unpredictable that is why it was considered risky.
Correct, there's no exact prediction on bitcoin price so let's wait the moment that the Bitcoin will rise up again. Let's wait that time can tell everything happens at least we are ready on that by patiently hold our bitcoin asset and yelling when bitcoin price goes up. As of now, it is hard to decide that it is the beginning of Bitcoin there's might possible to happen.
I think the point is that when you are waiting for an upwards movement from bitcoin there could be a downward movement as well. Look at the 6500 dollars times, we all expected the price to go up.

Take a look at the possibilities of that time, the potential was that we had a bitcoin at 6500 dollars per each coin, we had SEC maybe accepting the commodity, we had BAKKT starting a new ETF, we had new year coming up, all kinds of good stuff. What really happened ? Well, someone sold a bunch of coins, price went down a lot, then many panic sellers sold even more, the price went down even more and we finished the year with 3200 low.

It means what is the potential and what is the reality could have quite drastic differences, not like "small difference that is not noticeable" I mean seriously HUGE differences. Hence if you "wait for it to go up" then you may be right but there is also a chance you are very wrong as well.
485  Economy / Trading Discussion / Re: there is no word stopping to trade crypto. on: January 25, 2019, 09:30:04 AM
People have to make choices and decisions based on the conviction they have concerning the asset they want to invest in.  Trading is very risky and if panic is what rules your trading career there is no way you will not keep losing.  It is natural that when we lose money we become very rational in our investments process and putting in fund especially those fund that we depend on for feeding will became a hard thing to do.
I'm not following any tradition when it is coming about crypto investments. Because, no one will be allowing me to take more risks like how we are experiencing with cryptos. Because, our family members and financial advisers are not understanding how crypto's is working and that is the reason, I am always believing that conviction and traditions are beyond the capabilities and potential of cryptos. Moreover, I am not risking in the name of trading but I am just investing with cryptos. So, this helps me not to get panic and not to follow any of my family's convictions.

The market is recovering and we really need new and runaway investors to become back and start reinvesting in other to be able to make profits in future.
The crypto market is sustaining right now and may enter into recovery at any time soon so that it will be more attractive as it was the earlier then it will be attractive to have more investors continuously. Hence, this is testing time for our patience. We must avoid getting panic and must look for investing more with bitcoins.
486  Economy / Trading Discussion / Re: Jump in with trend and get out with the trend! on: January 25, 2019, 05:45:40 AM
We do not have any other options left out except jumping-in and getting-out with same trend. If we miss out either one of them then that will lead to disasters. This is what basic trading principles are emphasizing : Trade-the-trend; Sail-along-tide. Nothing new here.

Our technical analysis must ensure that we are getting enough time frame of travelling within one direction. This is what the whole purpose of having analysis which may be based on fundamental or technical one. But, we can be sure our the long lasting trend which must give enough room for us to enter and exit.

Basically, cryptos are having positive trend in longer time frame hence jumping at dips will help all the traders to harvest nicely.
487  Economy / Gambling discussion / Re: What are the features you want most in a sportsbook? on: January 24, 2019, 12:47:12 PM
I have checked your website and find that not all feedbacks should be generalized for sportsbooks. Like I know "more deposit options" is more broad thing for all but what about feedback specifically for betbit.com ? I think by far the first thing you guys should improve is the graphics. It looks more like a news website than casino.

The OP post didn't had a "link" but it had the website name so I copy and pasted and it took me to the casino which I first thought was a news aggregator website. Change the casino graphics to something better should be to first thing you guys should do. After that I think if you are looking for something broader like the options here I suppose more deposit options (chance to gamble with more coins than just bitcoin) and also better odds are the most important ones.
488  Bitcoin / Bitcoin Discussion / Re: Pacquiao Vs Mayweather 2 on: January 23, 2019, 01:11:50 PM
I doubt it was a calculated encounter, I mean it is warriors versus Lakers, we are talking about arguably the best team of all time assembled (warriors with 5 all stars) and Lakers with its huge history so it was a game that many famous people watched, I am sure many and Pac wasn't the only famous people on that arena.

Did they talked about the upcoming potential fight? Probably but did they meet there on purpose ? Doubt it. I think it was more of a lucky encounter and they probably already talked about a potential fight beforehand probably months ago even before their fights with other people and when they saw each other there it was a surprise but they like each other (who wouldn't like someone when they made you 100+ million dollars) and talked daily stuff as well as the potential fight.
489  Economy / Gambling discussion / Re: Have you been able to resist? on: January 23, 2019, 11:56:35 AM
Have you been able to resist the addiction and not let gambling consume you?

Have you been able to control the urge to place that bet, spin that wheel or roll
that dice? For you to be able to go a length of time away from the adrenaline.

Would be interested to hear how people can control this.
As far as I have experienced and learned from this community, we cannot resist against gambling addiction but we may protect ourselves by preventing it. One simple and effective way of safeguarding ourselves must be, not gambling for long hours and being to gambling more frequently. Only when we are able to resist ourselves against gambling by not frequenting to it, we may get chances to stay without getting addicted.

When you gamble not regularly and not giving big importance to it, you may control yourself against gambling and when you are within your control then addiction will not gain power against you. It means if we lose ourselves into gambling then gambling addiction will take control of our mind and consciousness which means it will induce us to keep on gambling all the times regardless of how much we are losing nor what are our basic responsibilities.

Most gamblers are not noticing these dangers of gambling but coming aware of these by their own experiences. Gambling addiction is preventable if you are well aware of its dangers.
490  Economy / Gambling discussion / Re: So I played again recently, i noticed something.. on: January 23, 2019, 06:43:51 AM
If you are observant enough, you can somehow cheat. This is not 100% sure but it helps a lot on deciding a bet.
This is not about cheating but this is what the actual skill which is doing the real magic in gambling. Unfortunately most online gambling for not giving room for you to become an observant of their gambling behaviors/secrets and in more particularly how their seeds are being generated.

This is the reason if you gamble against you friend, you will be having fairly 50% of chances to win whereas online gambling houses are claiming to have "the house edge" which is the real destroyer of everything.

Being observant and remembering past experience to avoid one particular incident a kind of things we can apply in gambling but the modern gambling environments are highly ultra faster one which will not allow you to think over anything so that they can keep you always in excited level so that you can gamble and lose and then move away.
491  Economy / Gambling discussion / Re: Gambling Addiction Stories and Possible Solutions on: January 23, 2019, 06:08:00 AM
I am addicted, but not in gambling, I am addicted watching series on Youtube before but I agree that it can also be applied when we are addicted in gambling, it is also the same when we get addicted, we are losing time with our daily routine with our lives.
There are big advantages of getting addicted to some other thing except gambling because you will not be spending/losing big amount of money with other addictions unlike gambling. Addictions may happen with anything which are making us to stick with them. But, I believe things which are not injurious to our health and wealth, those addictions would not be considered as dangerous as how we are dealing against gambling addictions. Still, if you consider time is money then all type of addictions are coming into same category.

We must need someone who will make us realize something that it is already not good for us.
This is the point on-which most of the addicted people are missing out. But if you realize, no one is understanding their world better but people from outside do that in best. This is because, advising someone else is easier compared to following our own piece of advice.
492  Economy / Economics / Re: Investing in Bitcoin in 2019? on: January 23, 2019, 05:31:45 AM
I still hope for a better tomorrow, it is weird that price dropped right before the SEC decision and while BAKKT was getting 100+ million dollars in funding before a big launch.

I mean to my knowledge both of them are still not done yet which means there is still a chance of great news coming, if you are scared that price has dropped too much and it looks scary for now you are welcome to sell your coins and wait out the storm, in case of both of them not getting done the price could drop even further down and you will be safe from that.

I will take the risk and get some more with my next pay check this Friday and hope that with the upcoming news the price will instead go above 5 thousand dollars making me profit. Both cases of going down and up has a point and one can't tell the other wrong but its a risk we must take if we want profits.
493  Economy / Economics / Re: what should consider before investing in a coin? on: January 23, 2019, 04:38:37 AM
The most important thing when one invests in a coin is that he or she should have a good grasp of the underlying tech in the project. If the project is good enough, there will be less effort needed to market it since people will naturally be drawn to it. Also, if the coin does not solve any problem, there's no point buying it.
New coins seem to be very weird with the way they promote themselves, even after ICO. There are bunch of coins that has technologically no improvement at all but they are trying to find a sector and focus on that instead of improving the system. For example Nano got destroyed and it worths not even 10% of what it used but it was trying to make the blockchain instant and quick instead of slow and expensive.

You would use nano and get less then 1 second transactions for FREE. People instead focus on stuff like "advertisement coin that you use to buy and sell ads" or whatever, thats not new, thats not anything special, thats both old in real life and old in crypto as well. There is absolutely no way of using that to your advantage and improving the world. Coins are really not worth the trouble they bring in anymore.
494  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrency has come to stay on: January 22, 2019, 05:57:15 PM
There is no gainsaying that cryptocurrency is one of the strongest investment platform in the digital world.
Despite all the agitations, media attacks, government attacks and attacks from groups and individuals, yet it is still going.
If cryptocurrency will end, it ought to have ended long before now and would not have survive to see year 2019.
One of the strongest points of cryptocurrency, apart from the technology, is the community.
Instead of the community reducing, it is increasing, because more people are becoming aware of cryptocurrency allover the world. Even if some seem to have taken a break, more people are being added.
Whoever believes bitcoin will not be around in couple years is deadly wrong. It will be here even stronger then ever before.
Bitcoin is a commodity in todays world and just like all other comoddoities it has a increasing value because of the lack of amount.

It is finite and can't be printed out of thin air like dollar could, just in 2008 when the banks realized they did a mistake government and FED saved their ass by printing 800 billion dollars out of thin air and gave it to the richest people on earth who paid their own bonus money with some of it instead of helping the public, in theory that money was given because everyone was losing their houses and the economy was collapsing so that money was printed to save people and the economy but instead saved the rich, bitcoin is not like that and will never be.
495  Alternate cryptocurrencies / Altcoin Discussion / Re: Regulations or Anonymity on: January 22, 2019, 05:11:09 PM
These two have been topics of debates for quite some time. Some want Anonymity, while others want Regulation. Either of these two will work best for us.
It will get to a time that we just have to choose between Regulations and Anonymity.

In my opinion:
If blockchain  is redesigned without privacy, everything will work fine. Full KYC will make scams impossible.
What is your take on this?
There should be some sort of in between zone for this question. I mean if someone wants to be anon then they should be allowed to be anon however if they want to get regulated then they can. I know it looks like both can't coexist together but the closest we have is that "people can do whatever they want with their bitcoin and governments should not care about it, as soon as they turn their bitcoins into fiat then it should be regulated properly and traced".

Even if you turn your coins into fiat at a low amount or high amount regulations should check where that bitcoin came from and how you made it and so forth, which means they will go into your bitcoin history as well, just not when you do not want them to. If you do not want your bitcoins to be seen or known, it should be allowed to hide them, its the cashing out that should be regulated.
496  Economy / Trading Discussion / Re: Trading Coin - harder or easier than trading Forex? on: January 22, 2019, 04:40:06 PM
It is riskier and bigger rewarding. If you buy a coin you are not expecting to make couple percent increase, forex (unless you are doing on high margins) can give you a certain return that is good and acceptable in finance world but it can't give you the returns bitcoin could give you.

Right now, you can even bet on bitcoin prices with high margins which means there is really no difference on how to trade both of them. I think if you invest into forex there is less chance of hitting huge amount of profits but also a less chance of losing all your investments. When you invest into coins there is a bigger chance of winning it big and make hug profits but also a bigger chance of losing most of your investments very quickly. Similar stuff but coin trading is more extreme to both sides.
497  Economy / Trading Discussion / Re: Ether Prices Hit the new Low of 2018 and continue to Fall. Time to buy? on: January 22, 2019, 04:10:09 PM
The price will spike again soon when the hard fork returns. People bought a lot and made the price go from 80 dollar level to 150+ dollars which was purely because of the hard fork, if you look at the bitcoin price at the same period it went only from 3200ish to 4000 and right now at 3500 again, not a huge difference, whereas ethereum went from 80 dollars to 150 dollars which is almost double and even "dropped" to 120 dollar because of the failed hard fork but it is still 50% gained from the low prices.

I do not think for a second ethereum will fall anytime soon, with the hard fork tried again the price will once again increase and this time it could see as much as 200 dollar level. It is the perfect timing to buy ethereum right now and anytime soon.
498  Economy / Trading Discussion / Re: Craig Wright, Roger Ver and others on the btc price crash on: January 22, 2019, 02:55:04 PM
I have read many articles like this and they are completely meaningless. They say publicly just to make us panic and sell BTC at low prices. then they will be the ones who buy all our BTC and they will pump its value back up.
This trick has been caught by me and it cannot affect me. Grin
This is an old news all tied one tweet of his. Its not even a tweet that literally says he will take bitcoin to 1000 dollars neither, he just stated that "bitcoin at 1000 dollars doesn't phase me" as in he needs to make his coin as the real bitcoin cash and willing to spend money to make that happen which means he will have to sell his bitcoins to create funding for his bitcoin cash war and that would result with bitcoin going down of course.

He didn't do it later on, he gave up on the war because he realized his coin will not win and he spent all that money for nothing and even if he kept on doing it there was no way of him winning because after a while even if you can pay a billion dollars to make your dream come true if there is no one that can deliver that hash for you then its a futile attempt.
499  Economy / Speculation / Re: Why the Crypto Market Remains ‘Moderately Bearish’ in 2019 on: January 22, 2019, 02:25:58 PM
People still can't see the fact that it has been just 3 weeks. We should be looking at the upcoming news instead of looking back on the history of bitcoin. No matter what happens people always look at how market has moved instead of the potential moves. There were a lot of people who believed bitcoin would go up on December because it did last year, we have seen how wrong there were, now maybe same people or maybe different people are expecting a drop in bitcoin because its January and it dropped last year.

It never does the same thing again and again every year, if it did we would all be rich by buying during summer and selling during December. We should look at the future and what it holds for bitcoin, instead of news coming up out of nowhere all the news we have in our hand says that bitcoin will be going up this year. Maybe not a whole lot but even a bit.
500  Economy / Speculation / Re: Relax, its just a hard market reset on: January 21, 2019, 05:20:04 PM
Being optimistic 101. Find possible positive things in all situation. I assume that this market dip is just a hard reset of the market's value where 'virus' or unworthy investors, mostly those who panic sell, forced to withdraw their account because of the dip. With this, all weak accounts will be perished and all remaining strong holders go on to victory. After it has been cleaned, we could now enjoy green fields on our wallet. 2019 will be great again for us crypto holders. Stay focused.
This is not some sort of market that is run by corporations and regulations and what not. This is bitcoin and only thing that decides what the price is people. When we say it worth a lot than it worth a lot and when we say it doesn't worth this much than the price goes down.

Obviously, not what people "say" is the matter here, it is what people "do" is the matter and when they do something they actually change things and prices. That is why they "say" is a bit important as well, if they say something but don't do it than it is of course not important however if they say what they will do and actually do it than that's important. This market is run by people all by itself and the price goes up and down according to what we think it will do and that is why what people say has a bit of importance.
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