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21  Economy / Gambling discussion / Re: Do you think Voodoo works in Gambling Games? on: October 07, 2019, 07:36:07 PM
No for sure no.I know that very good Chinese astrologist can find best days  for particular person to win on gambling
They are using ancient Chinese moon luck astrology.It is ancient knowledge ot is not easy to find that kind of astrologist not grantee  of win and rather not on cheating online casinos
22  Economy / Speculation / Re: The market after Q3 and at the start of Q4 on: October 07, 2019, 04:29:11 PM
Good post.I see high possibility for bull run before 2020 even.Maybe Bitcoin will establish new ATH but price can be close to.In a case of recession everything depends on tariffs talks.All poor last economic data are caused by tariffs war.But there is something more then only tariffs war.We had 50bln repo done not so far ago.Repo purpose was to add lost liquidity to US banks.Similar was 2007.I see something gonna happen with that financial system at beginning of 2020 and in that case i very optimistic for both Bitcoin and Gold.I think both assets will have very strong bull run
23  Economy / Economics / Re: Bitcoin - Can it boost or break a countries economy? on: October 07, 2019, 04:19:20 PM
Bitcoin itself can"t boost economies.However technology what is behind bitcoin can be used on various fields and will have positive on economies.There are estimates that next 10 years about 25% global GDP will be stored in blockchain. That  will increase in next years
24  Economy / Economics / Re: Why the Bitcoin is still down? on: October 07, 2019, 02:11:13 PM
We are in corrective move from last parabolic run to 13800.
It is simply how markets work.Remember that traders are making money both way long and short
If bitcoin will defend that 7700$ in coming days then we will have very strong recovery and chance for next bull run
25  Bitcoin / Bitcoin Discussion / Re: Crypto is Literally Hitting the Road on: October 07, 2019, 02:04:54 PM
That advert is not promoting cryptocurrencies but rather some service what is offering high interest paid in crypto
What if that service will turn to scam.History knows many that kind scams.
That time one time again cryptocurrencies will be guilty.
That kind of advert will be banned by regulators in Europe very fast
So better to be careful
26  Economy / Speculation / Re: Bitcoin price today returned to $ 7,800 on: October 07, 2019, 01:56:40 PM
That 7800 it was only weekend gambling.Today we had recovery and CME gap from weekend has been filled today price action will tell us more .Close above 8250 will be positive above 8450 even bullish
Golden week in China it is maybe a little less activity of Chinese traders.But more important is simply price action and today bitcoin beheviour
27  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: October 07, 2019, 01:49:47 PM
Juve won because Juve has simply more class.Inter was playing similar game like against Barca
Still Inter need to add more offensive and creative players
Whatever to say it was very good game and battle between two great coaches
28  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: October 06, 2019, 07:25:16 PM
MU drama continue.What now.Change coach.Will that solve problem.Still MU will not have quality strikers Pogba will be not magically happy.It looks he really like to change club.It is very hard situation for MU but be honest it is like it was in any previous year.Wrong transfers heavy millions spent without any positive effect.So i think MU need to quit emotion and begin to think how to rebuild his club otherwise MU will begin to experience liquidity problem and that is simple way to big tragedy
29  Economy / Economics / Re: Economic situation around the world and Bitcoin on: October 06, 2019, 07:01:32 PM
People in Venezuela and Ghana have no money to buy bitcoin.Do you think that average person in these and similar countries is able to buy even 0.100 btc a month
Economic situation all over the world depends now on talks about tariffs between USA and China.If talks will fail we will see mega crisis.Now ask yourself if your economic and financial situation uncertain will you put your money what you need to survive in most risky asset.Bitcoin is most risky and most profitable asset in the world
30  Economy / Speculation / Re: Why was $13,800 unsustainable? on: October 06, 2019, 06:38:10 PM
13800 was effect of parabolic run .Bitcoin dominance raised from above 50% to 75%.
Any parabolic run is finishing with heavy correction.It is clear liquidity problems volume is slowing nut price is failing. Overall cryptocurrencies  market is failing.in a case of miners higher price less coins they need to sell to cover his expenses.There are now new mining farms on Siberia but who is managing them.Maybe those farms are only interested in  sell and buying gold.Russia is buying more and more  gold
And price about 8K is not really very low at that time of year
31  Economy / Economics / Re: How negative interest rates affect Bitcoin on: October 06, 2019, 02:46:21 PM
Negatives rates are from years.Meanwhile bitcoin was pumped and dumped.Bitcoin has his own rhythm
But of course .Any massive QE will support bitcoin price rise same like is supporting any emerging assets and market
32  Economy / Economics / Re: Trade war Influences on cryptocurrency on: October 06, 2019, 02:41:49 PM
I think we need to look on trade war in more complex way.First of all last economic data are showing economic slowdown .It is mostly caused by trade war.Now USA imposed new tariffs on EU goods.But look US stocks there was just one strong dump and then stocks came back.Reason is hope for rates cuts and monetary stimulus
But FED meeting is at the end of October so real reason is coming meeting between China and USA and potencial agreement.If we will see next fiasco then any rates cuts will not save economies and stocks will sharply move down
Bitcoin is already down after huge sell off so i think it will not hurt bitcoin price much.However Bitcoin is performing much better when stocks are green
One is for sure for me.If tariffs wars will cause major currencies crisis then both gold and bitcoin will shine
33  Economy / Economics / Re: Europe is against Libra. Who else? on: October 06, 2019, 02:30:30 PM
PayPal already removed his support for Libra project.Visa and MasterCard will follow probably
Europe is against Libra and China India as well.Even survey done in Germany are showing that German citizens are not interested in using Libra.Now will be new Libra hearing at US Congress.But still Libra reprezentant are not able to answer on fundamental questions.
34  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: October 06, 2019, 01:57:12 PM
Today is the day, the question is who will play with CR7?
The only doubt on the formation for Juventus seems to be.

Higuain or Dybala?

In this match I prefer Dybala, their defense is slow on 1vs 1 and strong on marking their opponent.

Higuain i guess.Ronaldo and Higuain collaborate with each other very well.
Juve win and Napoli win can be nice double risky but Serie A is like that

In a case of Milan his hope is that team looks very determinant.Now Milan has two weeks time.Most of his players are staying because they are not members of his national teams
By the way referee was really tragic and that was not first time in last Serie A games
35  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: October 05, 2019, 09:01:36 PM
Miracles are happening time to time.Milan won 2-1 after very dramatic game full of red cards VAR verification and penalties. Genoa had penalty in last minute but didn't score.I guess coach gonna stay after that game but not sure what will be with AC Milan next
36  Economy / Speculation / Re: Can BTC still have any rally before 2020? on: October 05, 2019, 08:53:21 PM
Looks like many people are frustrated with current price action.Look back to March.If March 2019 somebody will told you that at begin of October bitcoin price will be 8K then i think most of will agree that it will be great
And remember how frustrated people have been March 2019 and look how long time that accumulation period was
It was three months or 4 moths.For sure one day one moment bitcoin will move up very strongly and it will be very impulsive movement
37  Economy / Speculation / Re: Price fluctuations - Opportunity or despair? on: October 05, 2019, 08:46:39 PM
As for now nothing really happen with bitcoin price.There is often good opportunity to make money when price is moving between support and resistance but last three days range is very small.We need to wait  for beginning  of next week .Historically that 8K price is very hard for btc and next move can take even more time
Maybe more simple for your question is that if if you are very good traded then price fluctuation is opportunity if not maybe better to wait for market to clarify what direction btc will goes next
38  Bitcoin / Bitcoin Discussion / Re: Loan to buy Bitcoin? on: October 05, 2019, 05:17:30 PM
I'm buying ~500$ in Bitcoin every month with part of my salary. I have a stable job and my company is doing good. I'm wondering if it worth to take 20.000$ to buy 2 BTC now and pay the 500$ as loan installment instead of buying sats every month. I believe in the potential of Bitcoin to reach 50k in a couple years, but it wouldn't be possible to buy near half of BTC at the 500$ rate, so this would be something like an "advance". Hypothetically (but still possible in some probability), if BTC collapses and never recover from 8k, I would still be paying this loan for about 3 years but wouldn't starve or something like that, it would just sux for a while, since I still have another source of income. I know it's not the place to ask I will do whatever I think it's best, but if you were in my position, would you do it?

I think 20K loan can be too much if you can pay back 500$.What if you will lost your job
Think twice.Bitcoin is very profitable now in time before halving.But you have take under consideration that bitcoin most risky emerging asset in the world.So be careful
39  Bitcoin / Bitcoin Discussion / Re: Popularity of BITCOIN on Twitter Declining? on: October 05, 2019, 05:02:51 PM
Many people say that BTC has grown in adoption and use. But I think despite of this fact the popularity of bitcoin is going downwards. Here is a very interesting graphic I found which shows the number of posts with #Bitcoin on Twitter I think the graph is pretty identical with the price graph.



However I personally think there are two reasons behind the boom which came during the bull run.
1. Bounties & Bounty Hunters: During the Bull run bounty hunting was at its peak and all the bounty hunters participated heavily in twitter campaigns. Most of the tweets had some basic condition to add a few hashtags related to cryptocurrency I think that was the reason why the graph looks so tall during the bull run.

2. Trading Mentors & Media: A lot of hype was also created by all types of media around the world when they continuously posted around regarding bitcoin and how it went to moon. Moreover even every damn trader became a trade mentor because every coin was going up people gave calls blindly and became trading mentor. These mentors were giving calls on daily basis with these usual hashtags relating to bitcoin.

These can be the two reasons why chart shows such a long tower in December 2017.


It only means that price is stagnant.Bitcoin twitter is mostly interested in bitcoin price up
That we see by observing bitcoin price action
When green candles will be back to then immediately number of hashtags #bitcoin will increase
40  Economy / Economics / Re: On stablecoins on: October 05, 2019, 03:21:19 PM
Stable coins like Tether are simply very useful.Tether and other stable coin are offering easy way to exchange crypto to fiat alternative.And stable coins are widely used for arbitrage
But hold for a while because of Libra regulators begin to watch that market
Take a look at that article 
FSB chair Quarles says rise of stablecoins could pose regulatory challenges

https://www.theblockcrypto.com/linked/42046/fsb-chair-quarles-says-rise-of-stablecoins-could-pose-regulatory-challenges?utm_source=newsletter&utm_medium=email&utm_campaign=2019-10-04
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