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1  Economy / Economics / Re: What are some not so obvious things that damage a country's economy? on: June 27, 2019, 11:45:43 AM
Things that damage the economy indirectly.

For example I feel that fast food and an unhealthy lifestyle leads chronic health problems that probably affects the economy not just monetarily.

Of course we can't just deny these people care, just promote a healthier lifestyle.

What are other things that we can change that will affect the economy in a positive way?
Some one just made a really good point here… although I don't know if that can really affect the countries economy, but someone mentioned social media. Social media is screwing a lot of people up and people are starting to compare themselves to others and as well a lot of them now live fake life on social media just to appear rich when viewed on these platforms. Funny a lot of people no longer wants to accept themselves for who they are.

As for what I believe can affect the economy of any country, I will say it's bad leadership. Any country that has bad leaders is doomed forever. Bad leaders are going to destroy the country and sink it to the bottomless pit. This is the kind of issue that needs to be tackled seriously.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: WILL BOUNITES AND NEW PROJECTS EVER STOP? on: June 21, 2019, 10:28:11 AM
The answer is capital NO. YES,BIG NOOOO. As long as the market is willing to accommodate everyone, we  will always get new tokens in the market. bounties will keep on sprawling out from everywhere. back and forth.

Also, as exchange platforms keeps delisting old and garbage products from the market. new ones are likely to emerge and replace them.

just in, bittrex delisted over 40 coins from U.S market.
Who said they are ever going to stop?? I do know for sure that they are not going to stop and I'm sure of that. The number of coins in the market keeps on growing every day and lots of them keeps on dying like every day and they never stop. Every day you will see a new project popping out cause every business wants to own their own cryptocurrency and have investors invest in them so they can make a name for themselves and also make lots of money. There are lots of exchanges today and there is still more coming out. I ask myself what makes these people think they are ever going to have a chance to succeed in the crypto market?
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Next month early January 2019. on: December 12, 2018, 10:19:43 AM
With good news about bitcoin next year, I believe next year will be a good year for bitcoin, I will buy a bitcoin and hold it until next year. Hope it is a decent decision,
Not just the decent decision but it will be definitely a profitable decision in your lifetime. Yes, bitcoin prices going to hit a new ATH in 2019 so buying right now for very much cheaper prices and holding it for more than one year will be fetching you very huge profits for sure.
4  Economy / Trading Discussion / Re: Bear time is near to end on: December 12, 2018, 09:46:47 AM
The trader with a certain popularity gave a prognosis for bitcoin.From the history of forecasts it follows that he is not mistaken often.Also, his schedule coincides with the closure of a large triangle.
https://www.tradingview.com/chart/BTCUSD/c2DYFwXO-Bear-time-is-near-to-end/
https://ibb.co/dOurWp
ETF hasn’t been approved. A lot of people are saying next year, but should that have anything to do with the price of cryptocurrencies? All this while we never had anything to do with the so called ETF, so why are we going to need it now? And why should the price be down because of it?
5  Economy / Trading Discussion / Re: Cryptocurrency trading for beginners. on: December 12, 2018, 09:11:09 AM
Friends, I welcome you, I'm very glad that the previous article was useful for many https://bitcointalk.org/index.php?topic=2850179.msg29236037#msg29236037, so I decide to write a little more about trading and investments.

Trading for a beginner is a dangerous thing, so everyone should decide for themselves: not to be a beginner, or not to be a trader. Why is that?
Here are a few facts:
 1. Cryptocurrency market is highly volatile, the rates change constantly and it is almost impossible to predict the price movement up or down.
 2. Cryptocurrency market is practically not subject to fundamental analysis. Basically, this is a market relationships, or the manipulation of the market by large players.
 3. Cryptocurrency market does not have a transparent information background, no one can be 100% sure of it. Very often it happens: there seems to be believable news, but in fact it was just a market manipulation, for someone's re-purchasing or information was just incorrect.

If the newcomer wants to succeed in trading, he should study in detail 6 tools for analysis:
1. Basics of technical analysis
2. Computer analysis
3. Use of tools for trading
4. Basics of fundamental analysis and analysis of market movements in the past.
5. News
6. Cryptocurrency technologies (whether there is in general a sense in this or that technology, whether it is useful to a society, whether carries something new or it is the next fork of what that of coins).

To become a professional trader you will have to learn a lot, practice a lot, plunge deeply into the market, conduct a certain number of transactions, survive ups and downs, as well as incur certain losses.

It is this approach will allow eventually succeed and become a successful trader. Learning and knowing a certain tool shifts the scale in your favor: if initially your chances of predicting price movement are estimated at 50/50, many mistakenly think that knowing all the subtleties of trading their chances will approach 90/10, unfortunately this is not so.
Good indicators are 55/45, at best they will be 65/35, because one transaction is not indicative, it will be necessary to open many transactions and only at the distance in the theory of large numbers the results will approach the mathematical expectation. You will start to guess more often and less often make mistakes, this is the best way to succeed in trading on the crypto exchange market and this is no longer the path of a beginner. You will have to cease to be a beginner and become a professional. Or you can choose another way – not to be a trader. Do not try to predict the movement of a course, but simply buy something that has fundamental reasons for growth, buy something that is inextricably linked with cryptoeconomics. It is known, it grows, grows very violently for a long time, even when local corrections occur, even when markets or individual market sectors collapse locally. Thus, changing the approach to a more fundamental one: portfolio or index, you very often can get rid of those problems that are in trading.

Historically, in a variety of markets: foreign exchange, commodities, securities markets and other proven -traders tend not to overtake the market itself. So, for example, if you invested in all American stocks by not a lot, you would get a better result than you looked for the asset that you want to invest in now, anticipating its price movement in the short/medium term.


Nevertheless, many people try their luck in trading, because it is precisely in times when the cryptocurrency itself does not give such a rapid growth and trading comes to the fore as a market neutral strategy, a strategy that can bring you profit, even when the whole market is in the flat or in the red. After all, trading allows you to earn on the fall and stagnation of the market, not just on its growth.

So I decide to sort out all 6 tools a little, so that the beginner had the opportunity to combine trading with investment.

Many newbies I’ve known so far doesn’t even take their time to study all these things. All they do is ask how it works, and when they are given brief information, they will just take it like that without digging into the topic and knowing more about it. Trading is not easy but many people don’t know that.
6  Economy / Trading Discussion / Re: I like to learn to become a "week trader" where are good places to start? on: December 12, 2018, 08:07:09 AM
I do have a job I should focus more on but I like to have a few trades when I do not have to stressfully look at the prices every hour. I have seen all this Discord groups and Websites where you can sign up for "signals". The idea that I just have someone tell me. "Buy this then, sell it then" sounds way to good to be true for me. On the other hand I know that there are traders with insights that this might be possible.

I do not want to get rich fast and I am very discouraged by this stupid marketing claims like 1000% RIO and stuff like that. I just want to trade some as save as possible trades and make a little money while doing so. I do not want to me a crazy daytrader who watches prices every day and gets anxiety from it. I did got that recently with BTC and I hope its really not falling anymore.

I am fine paying a small monthly fee for some trader community but I do not them to expect from me that I want to be a there every single day and I do not want to do this as a full time job.

Any suggestions?
You do know that there are risks right? Even if someone is giving you the signal they are likely to make a mistake and that you will lose at that time unless stop loss is there to save you too much loss. I don’t know any group to refer you to cause I don’t rely on all those, it’s always best to analyze the market by yourself.
7  Economy / Economics / Re: If Facebook promotes cryptocurrency, would it positively promote it? on: December 12, 2018, 07:26:23 AM
I've read that Facebook is going to have its cryptocurrency https://cryptobriefing.com/ready-for-facebook-coin/
Since Facebook and Mark Zuckerberg as an entity is highly influential, do you think it would bring crypto in a positive light? I am thinking that it may raise awareness of cryptocurrency as a whole and not just bitcoin.
Nah, that’s not going to happen. I do see cryptocurrency ads on Facebook sometimes when I login, if that’s the case, then a lot of people would have chosen to use cryptocurrency by now. And Dave book releasing their own cryptocurrency wouldn’t make any difference cause it will still be volatile as Bitcoin and other cryptocurrencies.
8  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What do you think what will happen on the end of the 2018 on: December 11, 2018, 02:17:39 PM
I think that people will invest more money and prices for all coins will grow more. This is why I am holding my coins and make my new investments now!
I believe that a rise in the inflow of money in the market would definitely mean a rise in the market values and furthermore a rise in the profit. So it is good to hold and a day will come when the profits would be visible to all.
9  Economy / Economics / Re: All times are good to enter crypto - Tim Draper on: December 11, 2018, 01:46:04 PM
I agree with this man, all time is a good time to enter crypto, it's never too late to learn, like studying crypto, all the good times to enter crypto. I think if crypto will continue to grow, many will continue to learn, which means all the good times to start learning crypto.
Well this technology will improve with the passage of time and this guy has made name in crypto and is very optimistic about it that is why he wants everyone to invest here but there are other problems that he did not face initially.
10  Economy / Economics / Re: You cannot eat your cake and have it on: December 11, 2018, 01:16:10 PM
There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.
Yes that is true. A lot of them invest all their life savings because they hope that Bitcoin will continue to go up and they will use that opportunity to double everything they have, but it never works like that. Anyone who wants to do investment should do so with what they can afford to lose.
11  Economy / Economics / Re: Confirmed, bull run begins now, what expectations? on: December 11, 2018, 12:16:10 PM
Bitcoin reached all-time low 3000 dollars price mark   we can expect back bitcoin reversal and many technical experts say bullish run is expected come in first quarter of 2019 hopefully

Btc is reading arc 3800 mark and waiting for some reversal trend to happen. If it picks up we can see some recovery happening very soon and that too at fast  pace. Here people can make huge money if but at this low and get the bull run soon and sell on high.
Yes I also saw that this morning, the price has dropped from $4000 to $3800. I don’t know if there is going to be bull run in this year any longer, maybe it’s no longer going to be this year but let’s wait for next year and see how’s going to be. I’m quite confused about this whole thing about bull run.
12  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What are the most promising cryptocurrencies? on: December 11, 2018, 11:40:43 AM
Hello everyone, please write 5-10 cryptocurrencies in which you would invest, invest now or will invest for a long time. By long I mean from 3-5 years to 10. Except Bitcoin.

My list is:
1. Ethereum
2. Stellar
3. Monero
4. Zcash
5. 0x
Maybe:
6. Siacoin
7. Qtum
8. Lisk
9. Dash
Stellar is one of the most promising coins this year and I have chosen to invest in it for a long term because it’s cheap and looks like it’s really going to pay off. Even Stripe dropping Bitcoin to integrate XLM in its place shows a lot. So XLM is worth investing in, whether short term or long term, that would be your choice.
13  Economy / Exchanges / Re: what are the things to consider when looking for a good exchange? on: December 11, 2018, 10:43:43 AM
I am a trader or at least that is how i see myself. I trade on binance, okex, idex, mercatox, bittrex, houbi and some other exchange. Lately i notice a lot of new crypto exchange popping here and there. And as much as i know and safe guard my password and secure my account with 2fa, I am still curious of the factors other traders consider when they are signing up on a new exchange. Would love to know some of your key factors so i might look into those too.
There are lots of things to consider when choosing an exchange, best would be to consider everything. I wouldn’t like an exchange with a bad support. I have seen some good exchanges but what usually ruins everything is their bad support, they are never there to help you when you have problems and that’s really bad. Any exchange with bad support is not worth choosing.
14  Economy / Marketplace / Re: Amazon accepting Bitcoin - What can go wrong? on: December 11, 2018, 09:36:33 AM
I see a lot of people pushing for companies like Amazon to accept Bitcoin as a payment option. Have we considered the

implications of these decisions? Let's say we cannot scale to "service" the need for millions of new people who would use

this technology for the first time. What a big embarrassment would it be, if people waited 13 hours for their transactions to

be confirmed. Doing this now will hurt Bitcoin more than any other "bad" thing that has happened to it before.

We need to wait for the perfect scaling solution to address this problem, before Amazon or any other big retailer starts to

accept Bitcoin as a payment option. The Lightning Network might get us close, but it is not a proven technology yet.

Let's hear your thoughts on this?  Huh Huh
Bitcoin won’t be fit for Amazon. You say this, yes cause you’re good with it, but do you ever put yourself in their shoes and wonder what may happen to the world e-commerce giant if they choose to follow the crypto route? That’s never a good idea, so it is best for them to continue the way are doing. There are already sites like purse.io for those that choose to buy with BTC. And there is even overstock.com.
15  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The bottom is near... on: December 11, 2018, 08:39:00 AM
the price of bitcoin has fallen very deep this is a very good opportunity because you can buy bitcoin again when cheap prices like this, it's really terrible to see crypto markets that have begun to show the end of its heyday.
Yes it is giving opportunity to many investors to buy more coins but you know in this market only expert investors put their money while the new and non-experienced investors escape away from here as they do not know the future potential of Bitcoin and many other high potential coins.
16  Economy / Gambling discussion / Re: How many hours a day are you spending on online gambling? on: October 22, 2018, 11:22:04 AM
~snip

Playing online gambling or traditional gambling in less than an hour is good especially for new people who want to feel the gambling games. I also use less than an hour as you, and I don't spend too much money because I know that playing gambling is forget fun although there is another activity that I can do to get the fun. It is fine to test your luck and never think of the winning in the gambling games because we don't have a big chance to be the winner.
I think it's different when you are playing online and playing traditionally. For online, less than half an hour of playing would be excellent, more than that; you might lose a lot of money there. If you play in a landbased casino, thirty minutes would not be enough; I just think if you drove all the way to the casino (assuming you live 15-minute drive or more), the time wouldn't be worth it. But the most important thing, in my opinion, is that you have bankroll management. I bet everyone would agree.

Yes, I agree that we need to make bankroll management so we can control the money at least, we can play without worry. But all in all, it is better to play not more than one hour or less and doesn't use much money. Perhaps if I can feel how to playing traditional in the casino, I think it will be different than the online gambling but the point is the same, we can lose the money no matter how long we played. Besides that, I think it is enough to play online gambling especially for new people who don't want anybody to know if they want to feel playing gambling in the online gambling site.
Yeah you are right gambling should be for limited time and never gamble continuously and regularly. Continuous gambling will take you in debts and you may be able to regain your lost money. It is also dangerous for your future. I have seen many regular gamblers who are now in miserable life conditions due to continuous gambling. We should fix limits for our gamblings.
17  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Ripple XRP be the number one cryptocurrency on: October 18, 2018, 08:19:34 AM
It is amazing if it turns out that it can, but I think to achieve it will certainly be difficult and it will certainly take years, until now bitcoint which is the number 1 crypto coint until now no one can surpass it
For ripple becoming number one crypto is not possible but it is possible that it become number one Altcoin. There is no big difference between the investment capital of ehtereum and Ripple and it is possible that in the near future Ripple over take Ethereum because most of the people like to invest in Ripple because the price is too low and great chances for growth.
18  Economy / Speculation / Re: Buy low, sell high on: October 17, 2018, 12:07:56 PM
Because XRP is an pumped bubble with no use cases. They were promising to be a link between cryptocurrency and financial institutions but made very little to really become one. People are pumping XRP because it's cheap and it's an old coin, accepted on most exchanges. But is anyone using it to really transact? People are only looking for a go to coin when Bitcoin is plummeting and that coin used to be ETH but this year ETH is not doing so good fundamentally so there's always cheap XRP.
I'm ready to bet that Bitcoin will not experience a 90% correction this time.
Any coin can potentially go through that significant of a correction, and while it may not be likely that it happens to Bitcoin as well, the possibility is still there. What's Bitcoin being used for? What prevents it from correcting 90%?

Aren't there use cases for Bitcoin?
Online stores are accepting it. You can go shopping in Japan and Korea without problems. You have Bitcoin ATMs all around the world. Mining equipment is being sold for Bitcoin. There are car dealerships that accept it, like that Lamborghini dealership in the US and BMW in the UK. There are online marketplaces where you can sell your goods for Bitcoin like bitify.com and openbazaar.org. You have overstock, newegg, gyft, which basically allow you to buy anything you want through gift cards. You can add funds your amazon account with BTC. Is that enough of use cases for you?
Now it's your turn. What is XRP used for?

Bitcoin last year peaked at $19,500 from where a 90% correction would mean a bottom of $1950. Is it really that unlikely?
Yes it is very unlikely because many of the use cases listed above did not exist when Bitcoin was trading below $1000. There was a huge wave of retail adoption in 2017. Are you unaware of that?

Back in 2017 the price dipped slightly below the $800 mark and pumped straight to $19,500.

I'm not saying it's going to happen, I don't even expect it to happen, but I'm not discarding it either. We have to remain realistic here, there isn't much other than speculation to hold on to. Use is negligible at this point in time.

It's still greater than it was in the middle of 2017 when the price was $3000. If we could be be steady $3000 for months before we went into a bubble stage ($5000 and above), why would we dip below now, when the popularity of Bitcoin is much higher?
XRP is fast growing coin in the world and the best thing is this price is also very low. You can buy lot of SRP with low investment instead put all your money in bitcoin and even not able to buy one bitcoin. There is no doubt that bitcoin is acceptable worldwide and we have bitcoin ATMs in many countries and bitcoin will be the mainstream in the future but SRP is good for making money in the future.
19  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can ETH break its highest record again on: October 16, 2018, 08:19:16 AM
For this year I think it will be difficult to get closer to Ethereum's price in 2017, given market conditions like this, but there is nothing wrong if we think positively about the future of Ethereum, that Ethereum's price will recover.
The highest price of bitcoin was more than $800 as I remember and today price is less than $300. There is a big gap between the two prices. If the market capital increases the price will also go up, there is no other way for the price to go up and reach to its previous highest level. Investors should not expect another bump in the price this time, demand is low till date.
20  Economy / Speculation / Re: Bitcoin Gradually Increased in Price in September, Case for a Bull Run in 2018 on: October 15, 2018, 01:01:13 PM
Instead of looking at the news, look at the charts. September started with a big dump (Sep 5) from some 7400 to some 6300. Since then the market tried some sort of ultra slow recovery, but we are far from anything significant.
An average "rise" from 6300 to 6500 (6600?) in a month, after such a drop, is not really a joy and it's certainly far from calling it a bull run.
It is not really a joy actually, but we know the market will have to develop on its own actually. The thing with this market is that moving in a sideways is not actually bad and that shows that the bulls are really trying hard to want to get back in, but we all know after a huge bear trend and a bear trend which I still believe is on unless we see the trend change, the bears will obviously not give up without a fight which is what we are seeing now.

At least, it is a good thing to have seen the bull keep the $6k region as a very good support looking at the bounces we have had in the past few weeks, and I believe we might actually have a chance up even if it is in the short term, but all these is something that the market and chart will obviously have to tell us based on what we see.
Yeah there is no significance in the bitcoin market for long time. Investors are now looking here and there to get some other way for investment. I will not put my money in such coin which is not giving me any profit for long time. Sometimes I think that I should wait for some time atleast till the end of this year and then decide what to do with my investment.
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