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521  Economy / Economics / Re: Is it the best time to buy cheaper crypto while Bitcoin is at high price? on: June 13, 2018, 06:11:05 AM
Whenever the price goes down, you should accumulate as much as possible. There is a news that some whale is goign to sell 94000 bitcoins and thus prices can go down.
Perhaps prices still go down, we are okay with it. Every time when prices goes down for bitcoin, this becomes a better chance for us to take pledge and make yourself stronger by buying more and more bitcoin. This is dual performance of bitcoin that it doesn’t allow its users to become worried when they are down, rather best chances are provided for user to take maximum benefit.
522  Economy / Speculation / Re: Bitcoin on: June 12, 2018, 06:03:54 AM
Bitcoin can reach 20000$ by the end of 2018 Huh Huh
I believe it can be!

You believe this, and this guy who insists on this too: Fundstrat’s Lee Admits Poor Prediction of Bitcoin Rally, Still Expects $25k Price by Year End

But I do not think we will reach the price of more than $ 18,000 by the end of this year and my reasons are only two:

1 - The pressure of governments and lack of clear laws on crypto
2 - Banks that are intensifying their pursuit against bitcoin


I do not think we will see 20000 dollars again this year.

I agree


Well, I think I have a slightly different view on those two points you have brought up. I mean, $18,000 by end of the year is unlikely IMO, but it is still a possibility. Here are my responses to some of the points you raised.

 

Quote from: Slow death
1 - The pressure of governments and lack of clear laws on crypto

There currently aren't clear laws on crypto but that has always been true since Bitcoins inception in 2009. If anything, in the near future these laws on crypto will become clearer than they have ever been. This is good, more regulation legitimizes Bitcoin.

Quote from: Slow death
2 - Banks that are intensifying their pursuit against bitcoin

Banks have just blocked credit card purchases of crypto. This is perfectly reasonable. Just like how you can't buy stock with credit cards. Banks will not outright block crypto, and if they do, the free market will pick the banks that don't block it. If a bank blocks anyone from buying crypto, this won't have a long-term negative effect.

While I personally do think $18,000 at end of the year is unlikely, it is definitely still possible and not completely ruled out. I have been wrong in the past, and no one really can accurately speculate. it is all just a guessing game, no one knows anything.
The value of Bitcoin in the current time is 7.2k dollar which was on a constant increase few days ago but today that constant increase finished. Few days ago its value was 7.2k dollar and then 7.4k dollar and right after that the value reached at 7.7k dollar but fell down after that constant increase.

The Bitcoin fall is due to the decrease in demand and now as the value is low so more people will be attracting by this market and will help in increasing the future value.
523  Economy / Speculation / Re: What effects the bitcoin price? on: June 12, 2018, 05:33:36 AM
As far as I know the effect of bitcoin price when it goes down is the worry of the majority the word panic. This is the clear effect because profit will decrease also more than half. When it goes up then almost altcoins will become green color. That is how I notice bitcoin price effect.
Factors which affect the price of Bitcoin are changing with the passage of time and in different time intervals depending on the demand of people. Of people demand for the Bitcoin or any other crypto coin or currency then the value of these coins will increase and this increase trend will encourage people to buy and invest in market like this. On the other hand buying Bitcoin or other coins are risky in high market so avoid buying in high market.
524  Economy / Speculation / Re: Bitcoin on: June 12, 2018, 05:00:44 AM
$20k is possible. I believe after the crisis in the market that price is the next big thing that everybody can see in the market together with some potential altcoins like eth and litecoin.
Bitcoin is a crypto currency of great potential and this technology has spread through out the world except few countries. Despite the great potential of the technology, it was harshly criticized in the start but the technology managed to do well and this has impressed the people to invest and reap the profits and make use of the great services it offers. There is still a good part of movie left to be released.
525  Economy / Gambling discussion / Re: The consequences of gambling on: June 11, 2018, 07:15:27 AM
Gambling may results in both positive and negative consequences so need to handle them carefully, need to control emotions and in gambling winning and losing are part and parcel of the life so we need to accept both the fact equally then can survive in gambling.
First of all people need to know that gambling is not a job or investment then only they can enjoy it while betting,and the fact is mostly we are going to lose in the gambling so be ready for that and accept that we  you made win or loss and enjoy every moment of it.And choose your desired game to play with full involvement this may give more chance of winning but still there is no way to win in gambling so never come to gamble in the thought we are going to win definitely.
This becomes dire need of time that people must understand basic concept of this gambling and casino. When someone gets in the deep details of gambling, I am damn sure they would be getting a better and clear cut answer for their tricky and unclear question. They would come to know the reality of gambling that it just eats up the finances of people and they need to leave it.
Gambling is not at all a good thing and that the ones who are busy in gambling will only suffer a huge loss and that they will get nothing good out of it. The only consequence which you must face at time when you are busy in gambling is none other than that of the loss of money and that it is not a good idea to go for gambling. Invest that money at some good place which can then help you in making of money.
526  Economy / Gambling discussion / Re: FIFA WORLD CUP 2018? on: June 11, 2018, 06:44:43 AM
On Friday 8 June 2018, several friendly matches were played for some of the teams participating in the 2018 World Cup Russia.
Uruguay 3: 0 Uzbekistan
Lithuania 0: 1 Iran
Croatia 2: 1 Senegal
Switzerland 2: 0 Japan
Germany 2: 1 Saudi Arabia
Poland 2: 2 Chile .
FIFA has just started and that we will be witnessing some very good matches and that I am very much sure that this event will be a great entertainment for all the football lovers. The way players are showing their class indicated how prepared they are and that it is too soon to say anything about the winners as all the teams are having a string potential and that they will put up a great show.
527  Economy / Trading Discussion / Re: Do you think its the right time to sell Bitcoin ? on: June 11, 2018, 06:13:25 AM
No it time to but more bitcoin to to sell. because bitcoin have high volatility and i think you are new here in bitcoin community because every one want buy bitcoin now a day they knew the price will be increase in some months and if you sell you bitcoin you will missed the change of highest profit. bitcoin price was up in last year to 19000$ and we all know the price will be cross 50000$ in this year.
Current situations are favorable for buying coins and especially the Bitcoin because the current price is low and one can buy easily. On the other hand you can not sell Bitcoins now because the current market is not favorable for sellers as the value is low and you can not get profit here. Wait for long term after which you may enter into a high market value soon and will get the benefit there.
528  Economy / Trading Discussion / Re: What Does Day Trading Means? on: June 11, 2018, 05:41:48 AM
Getting a little bit confuse here. What Does it means by day trading and are any advantages and disadvantages in day trading. Thanks
Its simple as the name states day trading means you will enter into a trade and will close that trade before the day ends whether you are on loss or profit.
It has its own pros and cons but to throw yourself into day trading you must have good knowledge of technical analysis and you must be in front of your screen all day(theoritically)
There are no restrictions on trading wile doing in separate times but almost trading is possible and relevant in all times and all depends on you knowledge and good decisions. The trading exchanges are open all the day and night and this is due to the presence of one sun which bring day on one side and nigh on other side.

The market is open anytime and you can trade anytime and the result will be the same if you handle it according to the market rules and principles.
529  Economy / Economics / Re: Is this basically just another way to make money? on: June 09, 2018, 10:36:18 AM
If you think bitcoin just another way to make money certainly will not make much devs. want to develop bitcoin, bitcoin will not last up to a year or even a month, I'm sure that what bitcoin brought is a new concept and of course have basically.
Exactly bitcoin is not only the source of payment but it is something more than this, it will be better if you think something wide about bitcoin, now it is not only earning but it is source of awareness about crypto world which is going to be our next upcoming currency for sure so we must know about it and should increase our knowledge about bitcoin as much as possible not only to earn money but to be ready for future.
530  Economy / Economics / Re: Biggest personal bitcoin loss on: June 09, 2018, 10:04:51 AM
If there was a moment when you were crying over the changes of bitcoin and the loss of money that you experienced from that then I recommend you not to be in this downward market any longer or get yourself together and stay strong.
Actually this is all about your homework before getting in this world of trading or investing. Everyone must prepare himself for the profits and losses as well. Nobody should only consider profits. There are people who are scared of losses so that just become disappointed or disturbed once they get loss. I think this must be done prior coming to the new world and keep your mind strong.
531  Economy / Gambling discussion / Re: Online Gambling Versus Traditional Gambling on: June 09, 2018, 09:35:38 AM
Well, there's alot of differences between the online and traditional, and I would rather to choose traditional over online. Traditional is more better way than online because I know that you knew about script right? and it can be applied on online so that you can cheat in order to win and the developers could might also apply it to their customers while trading is the probability is literally 50:50 winning rate. Though there are some tricks in traditional gambling still you can notice it if he's doing something's fishy.
That's your preference by choosing the traditional way of gambling? just because of some scripts? I haven't seen someone created a script in able to beat dice or any casino's game.
Normally the developers does have these scripts in able to run the game so that's not new and it's necessary for them to code these scripts to make the site running.
In online casinos, anything is possible. suppose if the testing team is not strong then this kind of scripts will work. even I have not seen any people beat casino games by running scripts but it is possible.
But I doubt a serious casino owner will not let some weak developers to be in his team and will create his business that can easily be abused by some bugs.
Well I don’t want to go in such detail. Although I belong to this field but I never ever give my information about betterment of a website that is based on casino. This casino thing is just harmful for every one of us. Why we don’t understand it. Now, people are using good technological aspects for bad purposes. I consider gambling as evil and it shouldn’t be allowed anywhere.
532  Economy / Gambling discussion / Re: Gambler's mindset! on: June 08, 2018, 11:53:44 AM
Their minds are just heading up to winning, the urge to win makes them more agressive to keep on betting that sometimes they never notice already that they are drowning because of continous losing, most of the time they are lost control if you are already an addict gambler, but of course there are wise gamblers also who calculates their moves and uses their minds all the time
The truth is that whether we like it or not or as much fun as we say we are catching, that urge to win will always be there and nothing will ever change that.

It is in human nature to always want to win, but the ability to now control yourself even with that mindset is what is important and if you best know it is hard to control yourself with such a winning mindset, it is better to look at the other direction or fix your mind to the fact that no matter what, the possibility of losing is much more and you do not want to set a trap for yourself.
But with that mindset, I think no gambler can get control over himself because they started gambling just to become rich and he also has that mind so he will be near to his success according to him and he will never come back from doorstep of his success, not at any cost. The only thing that the gambler needs to know is that it’s a deal of loss not profit.
533  Economy / Gambling discussion / Re: Effects of Gambling on: June 08, 2018, 11:22:09 AM
I think the only positive effect of gambling is that you can earn money very easily. Gambling is more of a negative thing according to your information. The good effects you mentioned are irrelevant as nobody gambles solely for the purpose of making friends, getting pleasure( I don’t see any pleasure involved), nor does it increase our assets directly. So the only good point is that you can earn money without doing any work but that is also not guaranteed.
That is one reason, you can earn money very easily but that too is not a totally positive effect because there is a negative side in it. Because gambling is the way you can earn money very easily, gamblers are tend to become greedy when they see that they are winning already. They feel that luck is on their side so they will gamble all of their money until no money  is left with them.

There is no pleasure in gambling, maybe entertainment is a better word for gambling Cheesy. For me, I don't see any positive effects on gambling aside from entertainment ONLY.
It's not only entertainment, gambling can also  be a source of income by chance. If you are lucky enough you can make it as a source of money. Possible you gain big profit.Yes you are definitely entertain if you win. It can be a stress reliever for those who are upset at work.

If you are continually making money through gambling it is completely based on your luck but most of the cases we might loose through gambling. Yes, I can agree mostly people will feel entertained by playing gambling.

Being entertain in gambling and losing your money at the same time is just natural, but the reactions that we are having every time we experience that is different, some of us gets angry, some of us got disappointed, and some of us feels happy about it since they had some fun. The effects of gambling will depends on a person emotion.
That reaction is actually what sets gamblers apart from each other. Some other people see it as a normal thing that is bound to happen and some just do not want the idea of losing at all to come to their head, and that mentality is what brings the adverse effect to them as they tend to reason without using their brains and all they will ever do is act on emotions and anyone who decides to thread that path obviously will always get everything totally messed up eventually.
534  Economy / Economics / Re: My Advice on Investing in Crypto on: June 08, 2018, 10:51:19 AM
My advice to people who are new to the cryto world who wants to invest in cryptocurrency is that before investing your money, invest yourself first in studying and learning about cryptocurrency, Bitcoin, and trading rules and tips so that by the time you already invested your money, you already know what to do and how to manage your money. Youtube and Google can really help. It's a long way to go, hope this would help. Good luck, traders!
Unfortunately, people are just never ready to learn and that is one of the things affecting our society in general till date as people just do not want to work for their money and they keep looking for the easy ways out.

Having sense can only be derived from gaining knowledge and so long as there would just be people with that mentality, the idea of trying to study so as to put their money where they are so sure of will be the last thing they will ever want to achieve and that would put their investments in huge jeopardy, even outside the crypto world.
535  Economy / Trading Discussion / Re: The secret of successful part-time traders on: June 06, 2018, 07:46:07 AM
This is my list:
2.Read the best 3 books about forex trading.I`m not going to recommend you any books,just do some research.
3.Find a mentor,who is willing to provide free info about his trading experience(tips,tricks,mistakes,failures).
I believe these two suggestions really cut the learning curve. I suggest all people take it seriously because it will make a big leap ahead for us. Especially the third option, A mentor is a really valuable person once they willing to help us, they will definitely share his/her a long tedious and steady experience to help us to be better.
A part time trader can get maximum profit in a very little time interval if he has the knowledge of the market to put the decisions on time and to act accordingly. Trading at day time is the same as trading at night time because the system is open service and all you can do is to make decisions either in day time or night time. Trading will payoff if you follow the market rules regardless of the time.
536  Economy / Speculation / Re: Why Bitcoin Price Going Down? on: June 06, 2018, 07:18:32 AM
Because it fluctuates every year. It is normal that people are buying btc to increase the value and sell their bitcoin also when the value increase. The supply and demand applied in bitcoin that's why it is increasing and decreasing at the same time. People who are not good at trading makes bitcoin comes down also.
Yeah falling prices are a natural thing of bitcoin price changes in the market, and we don't need to panic because of this, but the question is what makes the bitcoin price steadily declining in recent weeks? because there is nothing surprising about bitcoin price changes this month
It is good to hold your bitcoin at the time of falling price, as you said it is very natural for bitcoin that it often decreases the price but the suddenly it rise very high, so if some people have sold their bitcoin which made the price down it does not mean you also become worry, sell panic and contribute to the price to become more than this, don’t panic as it will be your contribution in dumping, so hold and let it be high.

Big institution owners don't want crypto to be valuable. They want to rule their world. They want to become richer. They want more central structures to control all the people earning and spending money in the world. This is the main reason.
The price of Bitcoin is not going down but less than 10k dollar and is a favorable market for people and we can achieve this price so we need to invest in this market. The price is increasing constantly and this regular increase is very good for Bitcoin and its users.

The price generally goes down when the demand decreases but the current market has a constant increase and this is the time we invest in order to make our coins valuable after a long term and our investments will payoff.
537  Economy / Speculation / Re: Do you think should invest in BITCOIN now? on: June 06, 2018, 06:48:47 AM
I add my personal view of the world of crypto and bitcoin, I am here only adding to my experience during crypto, but my viewpoint is more on the future of the economy, a lot of learning and progress to how the future of the future of the world economy, very advanced and very flexible to make the world unique to the crypto viewed by the community, in addition to the future investment in the economy as well as financially,
for me to know crypto early, then we are getting to know the world of economy progressively more advanced so as able to follow the development of economic world to farther and farther, and bonus from our current study besides economics and economic investment additional finansial, hopefully useful and successful for us all
I prefer to invest in Bitcoin for now as the market changes and this time is favorable for people to take benefit from it. People can take the benefit in three ways; to get large quantity Bitcoins, to get on low price; will benefit you in the end.

These are the three basic benefits you will get in the Bitcoin investment. The current market price is low below 10k dollar and this is very easy to achieve the price for an ordinary person.
538  Economy / Speculation / Re: Bitcoin will rise soon.Don't be panic. on: June 06, 2018, 06:19:03 AM
I think bitcoin will rise again in march and I think the main reason for this biggest dip is banning cryptocurrencies in china.But this is the time to buy some bitcoins.What do you think?


It's already June and we are still dipping, i hope this month will be a big turn around in the market. We have been dipping since last week of January and the market has been red and dumped a lot. Almost 5 months gone and it's still the same.
It is a long term investment so you should no proceed for panic selling and this investment is not an emotional investment so you should keep your emotions inside. The price in current market is constantly increasing and this is due to the reaction of people towards the market.

Investors want to get profit and this would be possible only if they invest for long term and get the profit. The price will increase soon as observing from the current market conditions.
539  Economy / Economics / Re: Bitcoin can be useful for a troubled economy on: June 06, 2018, 05:18:14 AM
yes that's right, because bitcoin has helped one's life from bitcoin to build their economy. It's been proven from bitcoin income. So I think so.
Bitcoin is good for so many people and that it can be used by almost all of us to overcome this trouble of making money. Bitcoin and all other crypto coins are helping in the best possible way to lift the economy of the different countries especially the under developed countries as they are getting a chance to help their people in a better way. Bitcoin can of course change the world.
540  Economy / Trading Discussion / Re: Never Be greedy! on: June 05, 2018, 06:09:13 AM
For example all the traders look at the RSI when points 80 or more to sell, but you can do it at 63 - 70 area to avoid some risk.

Greed is your enemy!
There is a famous saying that greed is curse and that this statement remains valid in all the situations. You must be sure that you are keeping your emotions under your control and that none of your decision is based on your emotions. The moment you will lose control over your nerves, you will then not be able to think properly and that you will then be suffering some huge loss as well.
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