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Bitcointalk name : BaraxLo
Starting post count : 916
Bitcoin address : 1MZwes7Txs1HkJcyWCf5bi6p8fav5Q7xY1
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Investing in an ICO when the market is in bearish mood not profitable.
In states of the market like this, it is even always better to let the project hit the market first before even purchasing at all eventually, because as it is, a lot of the projects after their ICO and once listed on an exchange, have been trading a lot lower than their ICO price and that seems more than a good bargain for those who are actually looking to invest in projects with great benefit in the long run. All the same, it is not all ICOs that are advantageous, the essence basically is just to be an early holder, so in that case, you want to only be investing in what you believe and know based on some certain criteria is bound to have a great future. |
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Some people think that strong feeling affect the outcome of your bet. But for me its all about luck., what do you think guys.
For me it is a big yes because we all know that being positive always give you the positive vibes too. Being a positive person always put you in a good situation. You must know how to act positively so that the outcomes of your actions are also positive too. And positive mind will give you the edge to have enjoyment and happiness while playing. But ofcourse be sure to know when to stop.  I think positive thinking may affect our life in some ways but not in gambling, it is about luck, if you think positively, unfortunately your luck in a game doesn't change. That is right, and I agree with you. It is better to use positive thinking to the other things so we can get success than to use in gambling because it's not changed our luck at all. We can have positive thinking, but we cannot make our luck in everytime so no matter what you are thinking, if you don't have luck, then you cannot win that game. In fact it is important to remain as positive minded while playing gambling, through this way we can increase our confident while playing gambling and which can also put positive effect on our gambling activities. I think you've made wrong conclusions from the post you quoted. The so called "positive thinking " can't affect the outcome of the game in any way. In fact, thinking that you are definitely going to win this time can do yourself a disservice, especially if you don't know when to stop. People lose a lot of money with that kind of thinking and then borrow only to lose even more. If you can enjoy the game even when you are losing then you have the right mindset and you can start playing. Otherwise you shouldn't even start. Sure thing! One thing about gambling is having the right mindset before you even started gambling at all. A lot of people do not have that, and they simply just end up getting totally screwed because they were busy looking for something they obviously will not be able to find. It is plain simple, having the wrong mindset will lead you to doing the wrong things, but with the right mindset when it comes to facing reality with gambling, you sure will be able to make the right decisions most of the time when it comes to controlling yourself most especially. |
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Such a big movement and there are no volumes of large ....What can it say?
There are almost no sellers on the market.It remains to collect the crumbs.
Almost no sellers and volumes? Not sure what you are looking at, but it's probably not the crypto market. There is plenty of both right now. Those who fomo'ed in last year are likely those who are driving the market down right now, because it's legit panic selling that we are seeing now, and not so much artificial selling pressure. Average joes aren't much on their own, but when they pool their efforts together they'll move every market without any problems. Probably he is looking at the longer time frame which if you actually compare the weekly volume now to the weekly volume in February 2018 after the first major bounce, then one can pretty much say the volume is incomparable. However, looking at the short time frame, basically it is obvious the volume is there and the sellers are pretty much there as well, which is why the market has been dropping anyway. At least, literally, any lay man should know that selling spree results to a red market, and buying spree results to an increase in value of the market. Volume is just basically one side to it all, but as long as the price is being driven down; volume no matter how small is always involved, which in this case, it is huge. |
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It seems the dropping of the bitcoin price has ended and I believe that now should be the right time to buy bitcoin and ethereum. However bitcoin is not going to do too well before end of the year. I am expecting the bull run in 2019 and 2020.
Well, the craziest part to that is a lot of people usually do not know that and all they do simply is to get scared away by the bigger players in the market. We learn every day, and in situations like this, people should always see it as a stage of learning and next time they will know that in any market, it does not make sense buying when there is a bull rally, and at times like this, instead of capitulating and selling at loss, you should be buying. I understand that for those who bought high, the tendency to be worried is there, but rather than being worried, which I believe will not even change a thing, is it not a lot better to buy more at the dip and be patient enough for the next rally? It will happen and you will be surprised to see the same rinse and repeat process all over again in the next few years. |
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I remember last time there was a discussion about bitcoin cash going on in the summer of 2017 the altcoins dropped like hell, the price of bitcoin was rising because everyone wanted to hold bitcoin in order to be capable of getting bitcoin cash but right now no one really needs to hold anything considering it won't affect all others including bitcoin.
Also there was a ton of bitcoin sell and the volume got real low in the past 24 hours, which means everyone was just "lets see what happens first" and during that time someone from either side got up and sold a bunch of bitcoin to pay people and that really crippled the market. I don't know which side did it but it will not beneficial to anyone in the crypto space, doing this in spite of knowing you will make a lot of people lose money just to get your own coin out there is evil, I hope both sides lose.
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Having an economic crash is beyond everyone's control wherein government in each country should work for it to stabilize the economic condition in every country. If this happens, I think cryptocurrency will also be affected and this could result to a bearish market and could probably be experiencing to a much longer period. People should consider bearish market as a privilege to the crypto market and should take into consideration that this is the right time in buying more btc and altcoins. I believe that crypto currency will have it's time to shine again in the coming months.
That’s it. Simple and logical. We all are mostly complaining about the circumstances and economical problems that we are facing, but who believe this would end someday. No one, and that is right. No one can even remit these issues from life. A life is always junction of some ups and down. Neither governments can remove this nor the individuals, learn to deal with it. Well, dealing with things is always what makes those who get affected and those who do not different. It is one thing to want to deal with things and like Kemarit said, it is another thing to preparing for whatever the possibilities or outcomes might end up being. Do you know the main reason why people get stuck in fiat even during global crisis, that is certainly because there is no enlightenment, and there is no way people even understand what is going on except for the fact that hardship becomes a norm for that period. The wealthy ones always know how to protect themselves, but now that we have a space opened to everyone, I guess this would be a safe haven for a whole lot of people. |
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Nvidia released absolutely dismal sales related to crypto chip sales today after market close. This is another sign to me that the bear market is not reversing any time soon.
I think it is the other way around. The decline of sales by the gpu manufacturer will only mean that the prices of cryptocurrencies could not keep up to the miner's expense that is why they don't see gpu mining profitable anymore. The decrease in sales of gpus does not mean that the bear market will still continue there is no point on connecting that, it just simply mean that the prices of cryptocurrencies and the block rewards they are getting is simply not appealing or profitable for them to still continue. Or it just simply mean that all the willing miners out here possibly are satisfied with the mining rigs they all have and has no plans of buying additional hardware anymore, especially when the new RTX gpu series of NVIDIA is about to launch. Sales do not plummet right now it is just not as big as companies predicted because after last year when so much people wanted to get it the companies tough the demand would continue to increase. When they made lets say 100 of something and sold all 100 they decided to make 150 of it and sold all of it and than 200 of it and sold so they thought they could increase the capacity as much as they can and will probably sell all. However the market fell and the prices plummeted so instead of selling 500 right now they are selling 200, still more than they used to sell but much less than what they expected. Numbers are made up of course I don't know exact numbers but in general they are not remotely plummeting at all. They are still going amazingly and I think it is still alright considering AMD partnered with 7 companies to offer different mining equipment for people. |
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Honestly, we just expect too much from a financial dude. I understand its his job to guess these things and stand behind them because he is not a regular citizen going to his job and checking bitcoin at the side but aren't we all changing our feeling towards bitcoin each day. I believed bitcoin shouldn't have gone to 20k at the time and sold all my coins thinking that can't be sustained but also bought Nano and some other coins thinking the bitcoin unsustainable prices would drop to other smaller coins, that didn't happen.
During the bear marketing following that I believed prices would soar once again soon when everyone takes their profits out, that didn't happen. I can tell you many times when my feeling towards the price changed but the results are the same, novogratz is a human, his feelings may change about the price too.
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In order to drive positive economics i think it must have good governance and the cooperation's of the people who belongs to the nation. We all know that cryto currency is one of the developmental factor in providing jobs to people. It must have more supply to provide the needs of the demand.
Not so sure what the OP is referring to as positive economies, but if that has to do with price, we all know that will have a lot to do with demand, the mentality of people when it comes to cryptocurrencies, the idea of sticking with the long term as well as usability all together will really help. However, we still have to realize that this is a young space and it is still developing, so I believe over time, a lot of things will most definitely change and we will obviously be able to see the market grow in demand and a sustainable one as well. |
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The stability is a bit heart pounding, but it's still normal, although the price is stable the transaction volume, the demand and supply still in a normal rate, so we don't need to be worry, for now we are lacking of new investors, many people still wait for the right moment to invest and some even still traumatised with the huge drop on the early year, because of not too many stores and people are using bitcoin as currency, the development doesn't affect too much on the price
I still even do not see anything heart pounding about it, considering the fact that this is nothing new. I am sure I really do not start need to buttress on that, since a lot of people above me have shared past movement of bitcoin during this period with some series of stability for a very long period, which is more like we seeing history repeating itself again now. Over time, as we get to see more people getting to use bitcoin, and a lot of merchants are accepting it in real life, I am pretty sure we will get to see a lot of stability but before then, I would have imagined the level at which the market would have skyrocketed. to achieve current stability is very difficult, because with users who are still minimal it will certainly be easier to control. unless indeed all countries have permitted it, of course it will be more difficult to control You know, the thing is the aspect a lot of people tend to put the term stability is usually always funny and in a way even with sideways movement, market has been drifting back and forth and I do not see that in any way as a form of stability. That aside! Considering the fact that this is a new market and a young one, coupled with the fact that it is a decentralized market, like you said, stability is impossibility as we cannot get to see that happen at any point. Based on other markets, there is no way there will never be fluctuations, as that is a normal thing, even as this market gets more matured. |
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There is no need to stop it neither. Gambling just should not be available at home that seems like the biggest problem right now. With the ease of use of online gambling plus the addictive side of gambling combined together makes everyone not stop themselves and gamble. Right now in our world the possibility of gambling at home and getting addictive to it is so simple it became a game.
My wife once found a game where she can be a character that is in a casino and play any type of gambling she wants with "game money" however I realized whenever her money ran out she bought the "game money" from the game itself. This is an approved and global playstation game that basically puts "game money" between the exchange and call it a "game" instead of literally an online casino. Yes las vegas should exists and monaco too and all those casinos however this online gambling craze needs to stop or there will be a lot more people who lose their money to gambling and become at risk.
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Bitcoin will continue to become profitable in the next decade because it has a lot of more rooms to grow. The excitements are temporary gone beause of its price downfall and prolonged bearishness in the market. The bullrun that happened in 2017 may not happen again in the following year because it has to accumulate first for a year or before the excitement return to the market again.
Bitcoin will remain the most profitable and stable cryptocurrency for a long time. As you see, its volatility is very low now, and it can be a signal that close to December - january BTC will start running up. You know, I even imagine when people keep saying that price is not enticing and they are frustrated. What is not exciting in the price of something that was less than a cent years ago and now people are complaining about a $6000 bottom. Seriously, I can imagine how exciting the future will even end up being in that regard, considering the fact that a time will come when so many people will instead be looking at a higher value as non-exciting. Depending on where you are looking at things from, as far as I am concerned price has been pretty good and consistently increasing over the years, and if that is not good enough for anyone, they can just easily move on. |
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So those that jumped on the bandwagon during the peak of the market got in too late?
Seems to me that they jumped in with both eyes wide open despite the frequent complains I hear amongst my friends on their paper loss.
I think the bull run is not purely speculative on nature, of course speculators make money during the bull market but it is definitely not the way it starts. One day something big happens, sometimes not even anything big needs to happen and than the price starts to go up, one day it goes up like %10 than it goes up another 7% than when you look at the whole week the price increased like 50% or more and than it keeps happening like that for a month and increases like 300% or whatever total. Speculators do not have enough power to neither keep it low or stop it so what they do is just get in and try to pay their way into the bandwagon and keep the price going for another while until they get out with their money. Sometimes when they leave it makes the market crash because the price already stays on thin ice after a while but sometimes it just keeps going. |
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This is the most interesting event to happen in the future as I believe that bank will adapt crytocurrencies in the future to retain their profit.
As cryptocurrencies will surely rise in the future and will become a big threat to all banks and if they will not adapt to it, bank will surely loss some profit in their side. So It's better that they will unite and earn from it also.
I believe so far, we are already beginning to gradually see the coexistence already has a lot of banks are now at least trying to be a part of the growing system and then see how they can benefit from it which I am sure we will get to see more of as time goes on. Times are changing, more developments are coming, and there is every chance this market is also going to end up being one of the top international markets in the long run, which I am sure the banks will not just want to stay on the side lines, they will also want to participate in the stream of events. |
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poverty will be reduced if Bitcoin and Altcoin are utilized, but to get there I think it's still a long time ago because we know that until now the government is still unable to legalize cryptocurrencies for various reasons, such as fear of being misused for money laundering or other financial crime.
We need to understand that bitcoin and altcoins are just basically payment tools and utility tools depending on how they are fashioned, and in such cases, even though they may be disrupting a lot of things eventually, the idea of kicking out poverty is not something they will just solve pretty much like that, and they cannot even solve it unless actually utilized effectively with some other factors added when it comes to governmental policies, innovations and creation within the country itself which in this case, there will be more jobs, and people will tend to do well for themselves over time. Cryptocurrency is not going to do all of that alone. |
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I don't think so and I personally prefer to exchange directly into fiat money, especially there are many local exchanges that support fiat as trading pairs in their exchanges.
Well, you also have to understand that not every exchange deal directly with fiat, as that will always need some huge form of regulation over time, which I believe that some are being a bit set aback as a result of that and one of the reasons why we are seeing some groups in collaboration with banks and some legal framework, coming with their own physical backed stable coin. USDT has been in the limelight with huge volume over the years, but the fact remains that there is something shady that is making investors worried, so having alternatives which you can trust more, to at least hedge, is not a bad idea. There is always good thing about competitions anyway. |
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Hmmm, more like a token bank which will use its own token. And the fees...god !!!!!...the feees !!!! https://eqibank.com/fees/Annual Fee: Accounts <€5M Maintenance € 1’000
Wire Transfer Fee: € 100
I hope there are quite a few of extra zeros in that table or it's some sort of Aprils Fools Halloween joke ! 100 euros? Only for transferring fee? It is too high. I don't want to say that it is good in the part of cryptocurrency people but it does not mean that it will become assurance of price hiking. Well, I thought that banks never want crypto to exist so I assume also that this is a token bank. Well, a lot of ICO's I saw that are related in crypto banking which are scam. Oh! You think bank really knows what they want? What they are just basically after is to keep trying as much as possible to want to at least keep milking those they can milk and as long as there is potential for profit when it comes to a new thing, I am sure they will always find a way to blend in. We always know how banks have always operated for their own selfish reasons, so I see no doubt in seeing them trying to at least take advantage of some set of people who want to be a part of this space, but don't just know how to go about it and as long as they are benefiting from it, they will just shut up eventually. Have you not noticed that banks are the biggest hypocrites the world can ever have? |
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The current situation of the crypto market is that the market in general has been relatively down since the beginning of the year. This is largely due to the attacks that came from several governments with China banning Bitcoin as well. However, the market will recover just as it does always.
True! This is reality and the reality right now is this is a healthy correction of the market which actually shows that this market is still going to be coming with something big in the long run. How do we explain when a market just keeps moving up nonstop, that would set in room for more greed and that is when the imminent crash will come into play as the market turns to a bubble eventually. This is a pretty strong and matured market at the moment with so many opportunities to come in the long run, those who are smart enough always know that it makes a lot of sense to be taking advantage of the market by accumulating now. |
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The reason why I ask is because I did the cyberfm (reddit) bounty campaign and got awarded the highest stakes for that campaign initially as I put in a lot of effort creating unique posts and posting them in different relevant subreddits. Then some days before distribution, I checked the campaign spreadsheet again and noticed my stakes/rewards had been reduced significantly and I was scored zero stakes for the final week in which I put in most effort. I complained to the bounty manager and he replied that I spammed. I was shocked as all the posts were uniquely different from each other. I asked him to clarify how that can be defined as spam. He (or she) said it was because I was posting too fast one after the other without allowing a 3 to 4 minute interval. I lost over $400 because of this and I just have to ask the great people of this forum what they understand by the word "spam". Does it really have anything to do with the timing of your unique posts? Or is this just a lame excuse to cheat me of my honest earnings?     From the screen shot you posted, I think the manager of the campaign made it pretty clear enough what he is referring to which is what is classified as spam. Trying to make posts within a few minutes range is considered spamming in my opinion and he was right. Better not to push your luck too far if you are guilty and try making amendment next time. So the question now is that, are you guilty of what you are being prosecuted for or not? As that is what would determine if it was a fair play or not. |
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