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Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH falls and surpasses it
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on: December 11, 2018, 08:39:49 AM
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yes, ethereum prices currently surprise many people and make ethereum prices worthless and make a lot of traders who don't like ethereum anymore.
I do not think that now the traders do not like it. There are still a lot of people who know the platform of ethereum well and they know that how much it can rise up in the future. They only withdraw their money because of the market but in the good market they will invest again in it and the market will be green again. |
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Economy / Speculation / Re: $10,000,000 by 2028
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on: October 24, 2018, 11:32:35 AM
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That's right, im making the prediction. In 10 years Bitcoin will have a marketcap of several trillions. Most fiat sitting in dumb places like bonds, derivatives, idiotic stocks, easy to counterfeit metals such as silver and gold... will be sitting on the capital B blockchain.
We'll go parabolic in ways never fathomed before. After we gross the first million barrier it will open Pandora's box. Minds will be blown, everything will become possible. Anyone not holding wealth in Bitcoin will have their goods at constant systemic risk.
Go all in and hold.
This is a very high speculations and we would be happy bitcoin get to that level. We should not fail to be part of this great opportunity that blockchain technology has brought to us. I think we should invest now and be part of the history. The market cap of bitcoin in increasing day by day and after 10 years you are right that it will cross trillions of dollars but the price will ever cross $20000 because with a huge price people would not be able to buy bitcoin. They will prefer low price coins for earning money and buy some satoshi for using for their daily routine expenditures and other financial needs. Emmm... So the market cap will increase dramaticaly, but the price will not... An interesting idea. It'd be a shame if it weren't possible because of math...  When bitcoin become the global currency then nobody will compare it with other currency. Like I do not price my local currency with dollar when I use it in my local markets. I have nothing to do with dollar. Dollar is a scale for every currency these days and for bitcoin and Altcoin as well but then nobody will calculate bitcoin price is dollars. Therefore forget about $20000. |
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Alternate cryptocurrencies / Altcoin Discussion / Re: ICO scammers, Sell your uploaded KYC ID documents, adress for a lot of money.
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on: October 22, 2018, 11:24:48 AM
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This is not new anymore and in fact you can find a lot of documents that's being sold in deep web.
They sold it in less than $20, a scanned id with billing statement and a selfie.
It's very unfortunate that kyc documents were abused and using for personal interest.
No matter how we tried to avoid them when the team requires it then we leave no choice.
It is definitely a big problem and I think it is difficult to overcome this problem. We should be careful while giving our personal data on every online site. These scammers are the worst people in the world and ruined lives of many innocent people. It is illegal and these scammers should be put to death, so that other scammers take a lesson from the verdict of scamming. |
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Economy / Speculation / Re: Is this a good time to start buying bitcoin or should i wait?
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on: October 20, 2018, 12:17:59 PM
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Bitcoin has already reached a market dominance rate of 40 percent in the past few days and is now the verge of recovery so if you are thinking to enter the ,market this is the best time to do so also if you have already bought bitcoin do no sell it for another coin,
I think this is a great time to start saving up, just put as little as possible but put it there everyday. You want to invest thousands of dollars? Great, divide that into 100 different pieces and buy everyday, that way you can collect at all types of prices, if it goes low great you will buy more anyway, if it goes up than great your initial investments will be going up. This way you will not lose any value on your investment at once. Some way I trusted bitcoin was going to go crazy soon but this latest drop made it not so sure for me and I have been breaking up my investments into pieces and drop here and there once in a while instead of all at once. Yeah of course it is good time to invest in bitcoin because it is the top crypto in the market and will remain on top although its price collapsed few months ago and still no growth in the price. people still believe it the most and think that only bitcoin can give them huge profits in the future because other currencies are far behind than bitcoin. They will take long time. |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum is future?
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on: October 18, 2018, 08:20:27 AM
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i think not bitcoin and ethereum are two different altcoin. each of them have diff program and diff progress. the question is would ethereum will reach bitcoin? or bitcoin will down to ethereum? my thought is i dont know for now because they are diff.
I don’t think that Ethereum is future. it is the second biggest coin in the world and as I think it will never surpass bitcoin because still most of the people believe in bitcoin the most and they will never prefer an Altcoin instead of bitcoin. No doubt that the Ethereum investors would make huge profits in the future but if you think that it will take over the market it is not possible. |
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Economy / Speculation / Re: A Big Move Is Coming Very Soon...Up or Down?
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on: October 17, 2018, 12:09:23 PM
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The quiet before the storm is here. I’m not sure how much longer this sideways price action can go. A big move is coming. I still think we have a good dump coming taking us to $3000 before the next bull run. What’s your prediction?
Disclaimer: I’m Hodling
Yes, it's calm now and you can take advantage of it by trading small bits. During this time, it would be in favor of those who have large funds because even if there is only a little percentage of movement, they can still get something from it unlike for those who have small funds who will have to wait for it a big movement before they can say that got a significant profit from it. I prefer trading in a short period of time due to the uncertainty of the market. Yeah but taking advantage of small bits, you need to be aware of the market every moment to catch the chance for making profit. These corrections are good for smart investors. That’s why I always prefer bitcoin trading for making big profits in short time instead of holding coins for long term. I am also looking to start trading in the near future. hope I will find it profitable. Hope that your predictions become right otherwise till date no predictions become true and always against the facts. I always believe in the current situation of the market and never focus on predictions. The only thing which can bring change in bitcoin price is people’s trust. If people trust in bitcoin they will invest in it and the price will move up. |
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Economy / Economics / Re: Bitcoin eventually disappear...
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on: October 15, 2018, 01:02:13 PM
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That is true! I didn't think about that. But with the supply now and people learning fron their mistakes i think it will take a while before that happens. Once that happens maybe we'll see different scenarios. One will be that Bitcoin will lose value and we'll look at a different coin or we'll use a more sophisticated verification to retrieve lost coins.
What do you mean by disappearing bitcoin? Do you want to say that if the price drops more and more it will disappear one day? I think differently than you. I think that the price of bitcoin will not drop than $6000 and with the passage of time it will increase again. I am not saying about any bump in the price but when the market cap increase the price will also increase. |
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Economy / Speculation / Re: Is it true that the market usually rises before the end of the year?
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on: October 11, 2018, 12:36:48 PM
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Is it true that the market usually rises before the end of the year?
If so, why do you think it happens?
I spoke with few people that already said that in the last 5 years the market became really bulish
Yes, many people receive some money before the year ends and some would just like to invest it into something. Due to the trend of the past years, many are anticipating that it would happen again this year that's why when the year end approaches, price is slowly rising. We are still unsure if that will happen again this year given the state of the market but if it will happen then better start buying more coins so that you can have more profit in the months to come but still have risk management. Time will tell the exact thing. Human beings just speculate and predict the future price but cannot say what will exactly happen in the future. Price depends upon the demand from the people. It is not automatically and naturally increases. It needs money and if people put their money in bitcoin the price will rise up. The limit is not guaranteed and may vary with the investment cap. |
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9
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Economy / Exchanges / Re: IS BITFOREX A TRUSTED CRYPTO EXCHANGE?
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on: October 06, 2018, 11:00:30 AM
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Is there any member here traded in Bitforex exchange?how's your experience?i tried trading little amount in there ..sometimes when I login to my acct the site cant be found and some other users also complained of their withdrawal that has been pending for several hours..anyways,the admin in telegram are responsive and sorted out the problem..but I want to hear from u guys of what can u say about this crypto exchange..is it legit so that I am confident to add more fund in the future??
I don’t know for you man, but I wouldn’t dare go for that. There are many good exchangers out there already, so why are you wasting your time with this exchanger that is still starting up? I have seen some bad news about bitforex, that’s why I said I wouldn’t dare go for it when there are good exchangers out there. I read about how they were faking transactions, it’s a long story, but you can search it out yourself. |
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Economy / Speculation / Re: BTC will reach $50k this year as predicted?
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on: October 06, 2018, 10:05:13 AM
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As predicted earlier in this year BTC will reach $50k in the last quarter of this year. Do you believe? Need some opinion,pls drop your messages here. And if you have some extra merit you can drop some of those. Thanks much appreciated.   I will be very happy if bitcoin will cost 50,000 dollars. But 50,000 is too mach and there is very little time until January. It's more like a fairy tale. What are the reasons they gave whole giving this price in the last quarter of this year? It is totally nonsense. The price is still below $7000 and just three more months to go in this year. I don’t understand how it is possible to travel $43000 in just three months. I don’t believe it and this is totally against the current conditions of the market. There are no signs of growth these days. |
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Economy / Trading Discussion / Re: Daily trading experience
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on: October 02, 2018, 10:09:13 AM
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People lose big money because they do not even understand the importance of using stop loss in a trade. Come to think of it though, how will someone who is totally and absolutely ignorant of what they are doing even be able to understand how to make use of a stop loss to make a good trade.
People these days are always in a haste to want to make money and that makes them rush the process of learning, practising and trying as much as possible to be able to do things right before taking the real step. Someone who is just entering the market blindly in most cases, will always buy at the wrong positions, sell wrongly and never make use of stop loss, because they are ignorant.
Exactly my point! I have very bad experience of day trading. In the previous year I have made thousands of dollars but because of the big growth in the price but in this year, I only lost my money. I still believe that the price will increase one day and I will recover all my deficits. But one thing is clear that day trading is the way from which you can earn big profits. No other source will give you such big profit in short time. |
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Economy / Economics / Re: Bitcoin and Fiat - this is how I see the future
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on: October 01, 2018, 11:58:02 AM
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I would not miss cash, I am more likely a digital orientated person. But yes, cryptocurrencies would take out control of the hand of governments, which surely they would not support.
I think that fiat will continue for long time while paper currency will be replaced by cryptocurrency because crypto is not centralized and fiat is owned by government and small entrepreneurs will use fiat for their transaction. But most of the people will use digital currency in the future, because it has more features and easy to use than fiat currency |
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Economy / Gambling discussion / Re: Gambling Addiction Stories!
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on: October 01, 2018, 07:51:01 AM
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I quit gambling long time ago when I was on the verge of becoming an addictive gambler. I used to gamble regularly with my friends and I found it entertaining until it started to affect my studies and social life. Then, I tried to reduced my gambling activities.
Then, I got rid of it completely as I got used to the new routine. It was hard from the beginning, but then you will get used to it because your time is filled up with other various activities
Same. I quit gambling a long time ago but ofcourse I experience to become addict in there. There was a time that I used to earn only by gambling. All of my funds are in a dice game. I don't know but I enjoy playing dice game because eventhough you lose a high amount of money you earn sometimes a lot too. It likes it doubles the profit there. So I end up loosing all of my funds there. Not a good idea. Addiction is not good at all. It will destroy your life. You will not only lose your money but much more. Finally you will become mentally disturb. It is nice to hear that you quit gambling long time ago. Now you will fell normal. For me gambling addiction is just like drug addiction and is not easy to quit. You will have to struggle for it. Gambler has no respect in community. |
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Economy / Trading Discussion / Re: The market is so positive (100% HODL)
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on: September 29, 2018, 08:19:02 AM
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We need to remain more positive for us to overcome our fear and we can also get a huge amount of profit on it, because of we shave faith and hold bitcoin we can really earn on it during the time when it was rise. So I believe that bitcoin or crypto will become more amazing in re near future and it can really make us profitable of we are going to HODL.
The current situation of the market is a challenge for all investors. Those who cannot hold their coins and sell them for low price will definitely lose their money, but those who think about their future will hold their coins for long time. One day the price will rise again and they will make huge profits against their investment. Just need patience and courage. |
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Economy / Speculation / Re: BTC TO 3K$
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on: September 28, 2018, 10:35:48 AM
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BTC will go to 3k$ by DEC 2019, tons of people bail on it on a regular basis.
Hey on what grounds have you reached this conclusion? Do you even have any conclusive proof to back your theory? This seems another attempt to rattle bitcoins investors by making vague statements with no actual information. If you're observing current trends there're pro bitcoins activists on board in the Sec, which means sooner or later Bitcoins ETF will get approval. In news also we're seeing many major corporations, countries are looking at bitcoins as a future currency, so bitcoins prices shall shoot up not down. Apparently, I do not expect him to have any concrete proof to back it up, except of course where the wedge converges to is towards $3k but that simply does not mean the market would get to that stage before it eventually picks up again. Bitcoin market is trading around $6500 like a rock and this is the more than enough proof that $5800 is still remaining as a big resistance hence we never need to worry about $3k levels. For what it is worth, I want to believe that we are in a situation where nothing is certain at the moment, we have been seeing certain reactions in the market like the bears being rejected lately, and then who knows what is really going to happen next ? You may think its unusual for the price to go deep $6k but e may be right if you think about when the price actually started its pump last year it use to be just $800 and then goes up to more than $1000. I was surprise it reached up to $5k in less than a year. OP may have think of it being where the price could go if those who pumped BTC are going to really dump. They may be having second thoughts for now because that will lead them being burned once big finance companies buy all the btc they are about to dump. Bu then anyway $3k or not, a lot will buy BTC. Many people also predict that the bitcoin price will hit $50k till the end of this year. Now tell me which prediction is more authentic. There is a huge difference between $3000 and $50000. It means that some people give future price without any technical analysis. That’s the reason that I never believe in predictions. These are all false and against the facts. |
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Economy / Marketplace / Re: Digital Currency Take Over
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on: September 26, 2018, 12:40:45 PM
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Crypto will diversify our economy and hence threathing the business models of most bank. Reason why they dont wna accept it.
Till the time there was nothing like that of the crypto currencies in this world, then the thinking of the people towards the money was quite different but now with the introduction of the crypto currencies, things have been changed a lot and that now people have started thing differently as they liked this idea of the crypto currencies very much and that is the reason why the demand of the crypto coins is increasing this much higher. This new idea of digital currency is still not fully implemented as only few people of the total population of the world are actually using it. And even those who are using it are mostly use it for trading with alts or fiat. The real usage of digital currency as a payment for ordinary goods is still far away from being practically implemented. Yeah I think the same. The future is that of cryptocurrency and it will take over the market in the future. There is nothing which could stop cryptocurrency now because the people from all over the world are putting their money in cryptocurrency especially in bitcoin and to see this trend I can say that in the future people will use only cryptocurrency as their regular currency. The day is near that banks will also accept bitcoin because it is mandatory for their survival. If they do not start trade in bitcoin, they will have to shut their banks because of no money. Banks will never give use profit on our saving accounts. They always use people’s money for themselves. It is much better to withdraw money from banks and put in cryptocurrency. It will give you huge profits compare to banks. |
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Economy / Marketplace / Re: Why the market is falling and why not be afraid
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on: September 24, 2018, 06:59:28 AM
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maybe that makes the price of bitcoin on this exchange place fall back because of the bad news circulating and maybe also because many countries don't want to accept bitcoin as one of their payments.
In my opinion there are many factors which cause the falling price but we should not be panic and should be cool and patience in this time. bitcoin investment is not for short time and to make money from bitcoin we will have to wait for long time. market manipulation is the main reason for downing price of bitcoin. Low demand and low mining also cause low price. |
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Economy / Gambling discussion / Re: Benefits of gambling? Yes - it exists!
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on: September 22, 2018, 09:29:01 AM
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Gambling has some benefits, but there is a lot of propaganda out there that condemns it just because a few people get addicted to it, but to deny that there are some benefits is a mistake, if you play in a physical casino you'll find friendly people there and you can make new friends, sometimes you can even make business contacts by going to the casino, that is in fact a very common practice in my country where two businessman after making a deal go to the casino to celebrate, also if you like to make sports bets you'll soon understand that you will need an advanced knowledge of mathematics and probabilities to become a winner. Having friendly people in physical casinos doesn’t mean that a bad thing would change in good thing. The whole world admits that gambling is not good and gamblers have no respect even in their homes. Their children do not like them, because they lose all the money from which they can do many things for their families. It is a fact and not propaganda. This question is like benefits of robbing, looting or corruption etc. because the money in gambling is also illegal and the means I mentioned are also illegal. What the different between all these? I think that there are no benefits of gambling because it is not acceptable to any society of the world and a gambler has no respect even in his home. |
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Economy / Speculation / Re: will the beginning of 2019 btc rise?
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on: September 21, 2018, 10:12:52 AM
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We hope so that bitcoin and even the altcoins when 2019 comes will increase the value. New year new hope that possible will give to the coin who already dump in this yearm but better we can work this year let's start pumping again the value of the coins don't wait for 2019 do it this year.
Well we can only hope dude. Anything we do can't really affect the market unless we're.whales so we can just hope that good things happen in the next few months. A lot are still bullish in the long run though but that's counting probably years from now. I wonder why you people do not give any source for your predictions. Did you perform any survey, did you analyze the market? On what basis you are giving your predictions. I don’t believe such predictions. I can also give some figure without any proof that the price of bitcoin will reach to $35000 till the end of this year, then what? It is totally nonsense and I never look at these predictions. |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Good coins to buy now and hold for a long term?
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on: September 21, 2018, 09:39:30 AM
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Well, Bob's repair is doing good and they have been bringing cash to crypto. So I think they will be just fine and increase in value.
In my opinion cryptocurrency investment is an extra business, and investors can make money without doing anything if they have no time for trading. Just buy and hold coins for some time and when price go up you can sell for higher price. Your investment will be doubled. If you have trading experience then it is much better. You can make more money from effective trading. |
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