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1  Economy / Speculation / Re: Buy low, sell high on: October 15, 2018, 10:18:35 AM
which is why you shouldn't be selling in the $19000s either!
It depends on the event and the time frame. It was clear that the futures markets were the driving force behind the bull run of last year, and it's just as clear that traders like to sell news when possible, and it happened.

Another thing, which mainly applies to Bitcoin, is that it tends to correct significantly at the start of each new year. That was again a signal that people should have cashed out their profits.

Don't know how relevant tax sales really are when it comes to the crypto market in general, but that's potentially another aspect to focus on. It's sell signal on top of another signal on top of another signal.
There is a lot of difference between the current situation of the market and the previous one. Bull run is not possible without any investment. Many of the holders want to sell their coins but there are no buyers in the market. In this situation we can easily understand that if there is any bull run in the market it would be temporary and will return afterwards.
2  Economy / Speculation / Re: What are the opinions on bitcoinís future on: October 14, 2018, 07:31:16 AM
I can see AML BitCoin as the next bitcoin in the near future. The value of the AML Bitcoin is not determined by any government. Therefore, if any economic or financial instability occurs, AML Bitcoin users are not affected.
Yeah, there are many opinions about bitcoin. They said it will last long because it is already part of our modern generation. They said also that it will not last because it is not a fiat. But for me i think it will last.
About the future, I am more optimistic and feel like the future holds great deal of technological advancement and there will be a huge dealing around Bitcoin and other cryptocurrency. The more cryptocurrency spreads in the economy and more and more countries accept it, there will be a huge demand for the technology. The paper money will not be demanded as the world leads up to globalization.
In my opinion the future of bitcoin is very shining because it is the future currency and I think that in the future it will take over all other currencies in the coming future and will be the mainstream. AML Bitcoin may be good but will be difficult to take place of bitcoin because it is far behind from bitcoin. It is also decentralized and the government has nothing to do with it.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin.com CEO, Roger Ver Plans his Own Exchange, To make BCH as a Base Currenc on: October 13, 2018, 01:43:59 PM
Bitcoin.com CEO, Roger Ver Plans his Own Exchange, To make BCH as a Base Currency

Quote
Bitcoin.com CEO, Roger Ver, who is also one of the first investors of Bitcoin and sometimes referred to as ďBitcoin JesusĒ is considering to launch his own exchange.

In an interview with Bloomberg in Malta, he said that he will be taking help from other partners to develop the exchange platform but didnít disclose the amount of investment he is making into. He said the company will be considering to build the exchange in-house. Ver said that he would make Bitcoin Cash as the base currency for the exchange.

https://www.crypto-news.in/news/bitcoin-com-ceo-roger-ver-plans-exchange-make-bch-base-currency/

I just laugh when I see this news. Roger Ver is hell bent on seeing his beloved BCH to be the top coins in the next coming years. But for me this is a wrong moved, a exchange that makes a altcoin its base currency? I doubt that traders will flock, or if they go and trade, I doubt it will enjoy the support and will just be another trading platform out there. What are you thoughts?
Honestly I think we should give it to him. Dude created a bitcoin copy, just changed what he wants from real bitcoin and called it bitcoin cash and right now it is second most expensive coin with a huge market cap as well.

We all mocked him, we all made jokes about him but after all was said and done dude actually kept his dreams alive and kept his own created coin into existence and right now almost all exchanges have it, no matter how many times he was mocked and joked and laughed at dude just kept getting up and doing what he believed was right way to do it and we all now know what bitcoin cash is and all exchanges have it.
4  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Ripple XRP be the number one cryptocurrency on: October 13, 2018, 11:13:37 AM
Will Ripple XRP be the number one cryptocurrency before the end of the year?

I donít think so because the end of the year is near and bitcoin is still on the top and I think it will remain on top forever. Most of the investors still believe in bitcoin the most and they want to put their money in only bitcoin. Ripple is one of the fastest growing Altcoin in the market and hope that it will hold second position in the list in the coming future.
5  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you still belive in Crypto ? on: October 11, 2018, 01:56:47 PM
Yes i still believe in crypto. Because i believe that cryptocurrencies will play a vital role in our society in the future. And i still earning in some cryptos.
This is actually the latest and the new phase in the evolution of money and evolution is a slow process which does not stop and keep on moving so this should be understood that cryptocurrency is not dead and will keep on evolving till we have this system in the streets of Africa.

The purpose of it is to make lives easier and this has the potential to reduce the cost of carrying economic activities. In addition is enables you make and store money thus making you avoid paying high charges in Banks.
6  Economy / Gambling discussion / Re: How many hours a day are you spending on online gambling? on: October 11, 2018, 11:54:13 AM
I was just thinking how much time people spend on gambling sites on a daily basis? I bounce back and forth between work

and household activities, but in my spare time, I like to chill with a beer in hand and doing some casual gambling. I do this

while watching TV, so it is part of my entertainment time.  Wink  Do you think, time spend on gambling is linked to gambling

addiction? Let's discuss this.  Wink

Edit : If you spend less than 1 hour on gambling, please chose option 1.  Wink

Based on my experience, I only soend 1 to 2 hrs of playing time in gambling because I believe that gambling isn't the best way to earn profit. Yes, it gives us earnings but ofcourse it also take it back when we lose. Gambling is a good tool for past time and killing time only. But ofcourse, make sure that you didn't abusing it.

That's not real an answer why u just play 1 or 2 hours. I believe it's because you lose in your long run and you dont find a better strategy to not bust Smiley

Maybe he wants to limit the time for playing gambling so he can prevent to get a huge loss. I also play gambling in less than 1 hours, and I think it's enough for me to play the game and talk to the other people. Besides that, I guess with limiting the time in the gambling game; we can also reduce the bet amount so we can play longer without risking too much money.
But you can also lose so much money in just one hour. If the objective is to prevent getting a huge loss, then one should stop gambling. You might be betting with small amounts, but what happens when you're feeling lucky and you wanna bet bigger. What happens when you're depressed and you wanna gamble everything to destress? If the objective for you gambling is to pass the time then you can easily substitute it with a good movie. You're not going to spend money on that at all.

In the long run you will lose everything but not all battles are going to be a long one. Sometimes you just lose consecutively. This scenario makes me pumped and want to gamble even more.

Yes, of course, we can lose much money, and this is why before I start the game, I only want to use the small amount as the bets so I can play longer without losing much money in one round. I am always limiting my money in the gambling game because I know that I don't have good luck than other people so this is the only thing that I can. I can anticipate my feeling especially if my feeling says that I am lucky in the game, so I need to continue to make another winning but the reality, I will stop the game, and I will satisfy with what I've got.

I think I can handle my stress to not playing gambling, but I will do another thing to prevent my mind from thinking about the gambling game. Usually, I will go out with my friends to the coffee cafe, we talk about many things, or I can go to the pool and swim with my friend to refresh my mind. Maybe you can try this too so you can prevent your mind to come to the gambling places or gambling site.
I don't have enough time for online gambling and I am also not regular gambler, therefore I just give less than an hour to online gambling because I believe that more time in gambling will take more money. I just try my luck in online gambling and never think of winning big money out there. There are many good things in life I mostly spend my time in those things and activities.
7  Economy / Marketplace / Re: I SOLD ALL MY BITCOINS on: October 10, 2018, 10:20:31 AM
if you sell all the bitcoin that you have then I think you will regret it someday because you will not be able to enjoy the benefits when the price of bitcoin rises.
Although if you had the holding power, it could have been good to keep the coins for couple of months more. Who knows there might be bull run and the value of your coins become even more than double.
You should also mention why you sold your bitcoin? If it is due to financial need then it is ok, because money is for financial problems. If you sold because of the falling price then you made wrong decision, because this situation will never be the same and will change with every passing day. You showed impatience and impatient people cannot make money from bitcoin.
8  Economy / Gambling discussion / Re: What is the highest lost you have made as gambler? on: October 09, 2018, 10:25:07 AM
I remember the time when I got addicted unto gambling unfortunately. Its not crypto gambling site but a gambling in our place. If I remember correctly, I lost around $20 at that time (that is when I am at a young age). If you are young and living in 3rd world country, $20 is a huge amount already and since I'm don't have money enough to use for gambling so I can only give to them $20.

It doesnít needed to be in third world countries to feel the big loss of $20 because at young age thats really a huge amount and letting it loss for gambling is a sad thing to learn
There was a local game when i am at grade school that i have loss my 1 month allowance for that game,things that become my reason to quit gambling or my parents will let me stop studying because of this issue
As a gambler I lost many times rather I can say that I lost every time. I do not remember how much in one game I lost but I can say that till date I lost more than $20000. This is very big money in my country. It is due to gambling addiction but now I donít have enough money to gamble nonstop. I still gamble but mostly upto $30 and not more than that.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: how do you see the market? on: October 06, 2018, 10:25:23 AM
I believe in a bull market soon. You can see that there are a lot of great news about crypto, like Bakkt. Also there are a lot of optimistic forecasts from honarable experts.
I observe the market is in bad conditions and there are no green signals, I mean no growth in the price for the last several months. But I think we should not ne panic and should be optimistic about the bright future of bitcoin and be patient to hold our coins till that time and be patient and wait. I hope that the future will be good and the price will go up again.
10  Economy / Marketplace / Re: I can I predict the Dump and Pump of the price? on: October 06, 2018, 09:24:16 AM
to analyze the right time to buy and sell bitcoin then you can predict the price movements of bitcoin and some other cryptocurrency and I don't think it will be possible for you to predict but if you have very much experience and expertise you might do
If you have the ability to analyze the market on technical grounds then you deserve to give the future price and may it right. If you can judge the investorís mind what they want then it will be easy for you to give estimated price. But always say that it is expected and not guaranteed, otherwise people will use slang language about you which is not good.
It is not easy to predict the future price because nobody knows what will happen tomorrow. I donít believe in prediction because I experienced that all the prediction of the last year became false and the facts are against that prediction. You can analyze the market thoroughly and make your decisions about the coming situation of the market but it is not guaranteed.
11  Economy / Trading Discussion / Re: Bear time is near to end on: October 05, 2018, 10:07:26 AM
It's been long I started hearing that the bear will soon end, the more they say it, the worst it gets, right now i think one of the things that will end the bear market right now is the approval of bitcoin ETF by the SEC, I believe such a news will bring to an end, bear market and take us to a bull run.
People are rejoicing of 2017 hype cause their huge profit but sadly it turns into tears when it suddenly drop and resulting big losses. People aren't satisfied of what they saw on the market price and yet, they couldn't accept the reality about crypto volatility change.
Hopefully ETF approval issues will resolve and give a good result for crypto.

Nope I don't think ETF will be approved at this time since there are so many issue need to cover up by the bitcoins and crypto space and government will found it as a ground for them on not to approve any ETF submission. So maybe we can still experience the bear at this point and hopefully next year will be different story and we could see the bull run coming.
ETF investment funds are very risky because they are speculative funds to make a profit and control this market. I personally hope ETF will not participate in this market because if there is ETF participation everything becomes more chaotic and we will be subject to SEC control.
Those people have no idea about the future of cryptocurrency and give their opinions about the future price. I am also hearing this for long time but there is no growth in the price. We can only hope for the better future of bitcoin, but nobody can say what will exactly happen in the future. We will have to wait for long to see what will happen. We should be optimistic.
12  Economy / Speculation / Re: Bitcoin will touch 20K USD end of 2018. What you think ? on: October 05, 2018, 08:14:44 AM
I think this is more likely to happen in 2019. The bear market still has some way to go before the accumulation begins.
When we start seeing accumulation we obviously will end up seeing some level of consolidation for a while and then from there, we will be able to see the market taking a new shape to the moon but for now, I feel we are still dwindling between the market considering whether to go on a short term uptrend before continuing with the downtrend before the consolidation or in this case the accumulation period or it will just break below the descending triangle and go lower which in this case, before we can start thinking of seeing anything serious, I would say 2019.
I think it is not right; the current price will go till the end of the year, because the market trend is negative and people are not investing their money due to huge volatility in the price. Most of the investors lost their money due to dip in the price. Now the afraid of investment. The price will gradually increase with the passage of time when the use of bitcoin increases.
13  Economy / Gambling discussion / Re: Gambling Addiction Stories! on: October 05, 2018, 07:28:43 AM
I know some addicted gamblers and most of them got hooked by the things that look the safest and most neutral: the machines. Some of my childhood friends were playing coin pushers and other arcade machines all day. Some got hooked by slots and ended up sitting all day in front of a machine pressing buttons and drinking beer. Those machines won't get you drained fast. It takes months, even years. Looking at them slowly going down to the bottom is very depressing.
Now the time has changed and today most of the gamblers gamble online. No tension of machines, slots, hooking or anything else. Now gambling sites provided lots of facilities for their gamblers. Now a day people lose more than they would lose in the past, because the games were slow in that time and now the games are very speedy and you will see the result in few minutes.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: Can the world really go digital with crypto? on: October 04, 2018, 12:52:34 PM
I think in the future it will. Already, the world can not do without digital money, transfers and the virtual world in general. So, over the years, I would not be surprised if we move completely to this kind of regime.
Yeah the world is turning towards digital and crypto is also a digital currency. Now people want digital currency to use anywhere and anytime without the need of exchange. Cryptocurrency will bring easy in peopleís lives and they will enjoy cashless world while using cryptocurrency. The world is no doubt going towards digital currency and most of them are using them today.
15  Economy / Marketplace / Re: LOOKING TO INVEST MY LIFE SAVINGS NEED ADVICE on: October 04, 2018, 11:44:29 AM
Hello Everyone,

I need your help! I have been doing research on what hardware to buy to mine Ether and Bitcoin. I'm investing my life savings so this is really serious for me so if you can help it would mean alot. I have alot of space for equipment so that wont be a problem. I need help figuring out what equipment to buy for ether and bitcoin minning, and how much it will cost me? Any advice will be much appreciated.


Thank you
Smiley
Youíre just trying to take a huge risk by doing that, investing your life savings? Lol, are you serious with that? 😳I can never do that, Iíd rather divide that money and keep like 50% in my savings and then use the other 50% to look for what Iím going to invest in, and while investing Iím not going to invest only in Bitcoin, I will diversify and invest in like two to three things.
You can search Google for your required mining hardware and other accessories. The important thing is that how much money do you have because you told that you want invest all your money? If you have very big money then you should not invest all your money in mining. Buy some coins because if you fail in mining your coins will recover your deficits.
I suggest you not to invest all your money in cryptocurrency because it is very risky and there is no guarantee that you will earn money from your investment. It is better to keep some money in your bank account and if you realize that crypto investment is more beneficial than bank account then you can invest the rest of your money but donít take risk to invest all your money.
16  Economy / Trading Discussion / Re: Panic of traders on: September 28, 2018, 10:06:50 AM
I believe that there is a lack of vision when it comes to the investors investing in the crypto industry, they do not rely on their research but most of them make decisions based on the sentiments of the market which is not a wise idea, in my honest opinion. That's why big whales and institutional investors take the benefit of it and try to manipulate the market in a way they want in order to make profits from it.
Mostly, panic traders loses big money because they donít believe on their own studies, they are just following the trend without hesitation, and that is why whales continues to play like this. We should not stop from making our own analysis so we cannot panic if bad things happen again in the market, donít listen to the fud.
It's like they didn't have plan or some kind of target. It seems that a lot of people are hesitant, so they follow what is decided by others. They sometimes seem to believe that prices will soon rise, but instead they do the opposite.
There are three main things for investment in cryptocurrency. Money, patience and courage. it is not only money that you will invest in cryptocurrency and will make profit. You will have to be patient and courageous, because if you donít bear the red conditions of the market and get panic, you will not be able to make profit in the world. Make sure that you are cool and can bear bad conditions before investment.
17  Economy / Trading Discussion / Re: Is it safe to trade on bitmex??? on: September 27, 2018, 11:09:28 AM
I have seen in many trading signal telegram channel was promote and use Bitmex, and also i have seen many youtuber also promote it, that prove if this platform really legit and the founder of Bitmex Arthur Hayes has good marketing strategy to increase number of trader. Deposit and withdrawal is safe but margin trading with high leverage is not really safe.
I guess anyone who wants to go into marginal trading should always know what they are in for in the first place before even making the attempt. One thing a lot of people tend not to realize is that marginal trading when it comes to getting liquidated easily is a lot riskier than normal style of trading, but as they always say, the more the risks, the more the potential to profit much.

Nevertheless, bitmex is a good platform that has been thriving over the years as a good leveraging platform, so in terms of safety when it comes to security, as long as the individual make use of the added security features, they should be fine but if it is about safety of not getting liquidated, that is based on each individual's knowledge.
18  Economy / Trading Discussion / Re: Bitcoin prices are controlled. Accidentally or intentionally? on: September 26, 2018, 12:26:16 PM
I think that the main direction of the bitcoin price is controlled by whales. So this happens intentionally. Of course, I'm assuming that at some point in time the price may get out of control, but I'm sure it doesn't last long.
There is no doubt that the price of bitcoin is controlled by big investors which we call whales. They decide the future price of bitcoin and that why many people now do not invest their money in bitcoin. To see this market situation you will say that bitcoin is just a waste of time and money and there is no future of bitcoin. I donít want to lose my money in such Ponzi scheme.
19  Economy / Economics / Re: how to help people who have problem economic on: September 24, 2018, 06:34:25 AM
The forums were formed to share the experiences of people in the areas of e-commerce. All economists are aware that long-term survival in this market requires knowledge, skills and serious work ethic.
Yeah I agree with you. It is necessary to plan our financial program for long time as it is necessary for survival. The problem is that how to earn money? Now come to the topic, you can help the financially weak people by starting small investment for them in any field of life. By this way they would be able to make money in the future and will return your money to you.
20  Economy / Trading Discussion / Re: Panic of traders on: September 22, 2018, 11:43:04 AM
They said, "Patience is a virtue". What is the use of everything we have take in, like efforts we put in and sacrifices we have done in trading? Giving up isn't the right answer when this market isn't presenting and showing any good sign. However, hodling and believing will help us to be enlighten and increase the hope that are losing inside of us.
The recent time is painful for all traders because they are not making any profit instead losing their investment. they are unhappy with the current situation of the market and it is natural. Nobody wants to lose his hard earn money and time as well. But I suggest waiting for some more time, this bearish situation will come to an end and good times will start. Then they can make good profits from trading.
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