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1761  Economy / Speculation / Re: Great run with Bitcoin! on: July 26, 2018, 04:53:52 AM
In the past months we are experiencing a bear trend
the "bear trend" ended about 2 months ago. you are way too late Cheesy

It all depends on the charts you're looking at. If you purely focus from last year's peak to where we are right now, you'll see a clear pattern where we constantly hit lower lows and lower highs. In order to actually jump out of this bearishly tinted down trend, we have to break $10,000 without it being a false (short lived) breakout. It's not going to be easy, but it's not impossible either. Give it time and we'll see where we go from here; don't consider the market to be out of the danger zone already.

If we dip below $6000 again, prepare for much lower levels.

the bear trend began when the drop started which was this year after at least 1 month of rise not last year where we were still rising up. and the patters has so far been with a fixed low which we hit at least 3 times and nearly the same high in $9k levels which we have tested at least 2 times and we are possibly headed there right now too.
the only problem i see with the current rise is that it is littered with ETF news so it can be affected by it greatly and that can determine the result of the current rise.

we have already dipped below $6000 multiple times and each time it couldn't last so i wouldn't worry about it that much. it is a strong support which won't be broken with no reason.
1762  Bitcoin / Bitcoin Discussion / Re: How do I find the Next Big thing like Bitcoin? on: July 26, 2018, 04:47:50 AM
bitcoin IS the next big thing!
you think it is done rising or done  being adopted? it is just starting. so far we have only reached less than 1% adoption for bitcoin and there is a very long way to go to reach that mass adoption stage where you can say "ok now it is too late to be an early adopter". otherwise getting in now or next year, or ... for a couple of more years you will still be an early adopter getting in the "next best thing".

as for others, i am sorry to disappoint you but the altcoins are not created to become used. they are created to give short term profit with their pump and dumps so that people who have bitcoin can increase their bitcoin by using newbies.
1763  Alternate cryptocurrencies / Altcoin Discussion / Re: Do not panic on: July 25, 2018, 05:50:08 AM
Recently I have observed that for every pump or increase in price of bitcoin, there is no corresponding increase in the price of altcoins
because there is a corresponding drop in price of altcoins instead.

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Even though this causes a lot of people to worry, it is best as it prepares altcoins for self dependence and it also limits manipulation of altcoins
not at all. the manipulation in altcoins exists because of a couple of important reasons
- the altcoin market is very small and it is always super easy to manipulate a small market than a big market.
- the supplies of these coins are usually in control of one person (eg. the dev who premined it) and they gain a lot of control and money over time that can manipulate the price with
- the pumpers are always present in altcoins and want to make money
- the true purpose of altcoins is to get pumped and dumped and this process is what gives people profit and everyone wants that. they don't want manipulations to go away because it is their bread and butter.
1764  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The recent price is rising, can I continue to buy cryptocurrency, why? on: July 25, 2018, 05:42:02 AM
during bitcoin price rises you should stay far away from altcoins because during times like this all the traders will take out their money from altcoin market and put it back where it belongs meaning in bitcoin and that means altcoins go down and some of them ever get dumped real hard and being in them means you will lose a lot of money.

right now bitcoin is on the rise.
1765  Bitcoin / Bitcoin Discussion / Re: Samsung announce to accept crypto and blockchain payment on: July 25, 2018, 05:15:43 AM
this was fake news, Samsung denied any kind of partnership with this shady payment processor called CopPay yesterday. you can read about it here:
https://www.newsbtc.com/2018/07/24/another-fake-partnership-as-samsung-denies-coppay-crypto-payments-deal/

and the funny part is the stores in Baltic state do NOT accept bitcoin or any other cryptocurrency payments at all. i don't know where this news even came from. was it the shady service called CopPay trying to scam or gain fake popularity?
Someone just made such post in few days ago based on that same fake news. This is part of the scheme for the cryptoc community to make bitcoins look like future currency which is receiving endorsement from big companies.

bitcoin doesn't need such shenanigans but altcoins do.
not to mention that bitcoin is already being accepted as payment directly by some big names such as Microsoft, Dell,... and there are millions of small merchants all around the world that are accepting bitcoin as payment.

this was either an advertisement for altcoins or an advertisement for that particular service which to be honest seems mostly shady.
1766  Economy / Speculation / Re: Great run with Bitcoin! on: July 25, 2018, 05:05:57 AM
In the past months we are experiencing a bear trend
the "bear trend" ended about 2 months ago. you are way too late Cheesy

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but the sign of reversal comes out and now we are seeing a great run with bitcoin.
signs of reversal is not a big rise. it is when price reaches the bottom, stops going down and starts becoming stable and entering an accumulation phase like that past 30 to 40 days of bitcoin which has been the buy signal indicating the end of the bear run and start of a bull run.
the rise is just proving that the speculation 1 month ago about bear run ending is correct.

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I'm wondering if people are still doubting about bitcoin after this trend.
only people who listened to FUD doubted bitcoin otherwise you could have seen the strong buys that has been happening all this time BEFORE the rise began.

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The volume of buying is very strong, I expect $10k in a short run.
i do expect that too.

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Red Market is opportunity to buy - I enter in cryptomarket last month during a bloody market, through my experience in trading I know its a good to buy when people are panicking. I trust the red market with bitcoin and now profit is coming to me.
wrong.
"red market" indicates price fall. you should not buy during a fall, you should buy when the fall is near the end meaning at the bottom. for example price started dropping from 9.5k+ down to $6k and market was red all that time, you shouldn't have bought at $9k or $8k but you should have waited to see when it ends then bought back in.
1767  Bitcoin / Bitcoin Discussion / Re: Samsung announce to accept crypto and blockchain payment on: July 25, 2018, 04:44:14 AM
this was fake news, Samsung denied any kind of partnership with this shady payment processor called CopPay yesterday. you can read about it here:
https://www.newsbtc.com/2018/07/24/another-fake-partnership-as-samsung-denies-coppay-crypto-payments-deal/

and the funny part is the stores in Baltic state do NOT accept bitcoin or any other cryptocurrency payments at all. i don't know where this news even came from. was it the shady service called CopPay trying to scam or gain fake popularity?
1768  Economy / Speculation / Re: How do you thinking with bitcoin Movements in Next 2 Months on: July 25, 2018, 04:41:12 AM
you shouldn't be trading bitcoin if you can't already answer these questions on your own. specially if you can't read the  charts to see that last two months price wasn't down below $6k!!! it was well above $6k and it has been rising for over a month now building up for this current bigger rise.
1769  Alternate cryptocurrencies / Altcoin Discussion / Re: 2000$ for Alt Investment for 1-2 years on: July 23, 2018, 06:27:38 AM
Hi. I have 2000 usd for investment. It's not enought for BTC

when you went to buy bitcoin did anybody force you to buy 10000BTC?!!!
of course not, you can buy ~0.266BTC with that amount and in a couple of years when price is a lot higher than this your $2000 can only buy 0.02BTC for you. and since bitcoin is the only cryptocurrency with real long term potential that is my suggestion anyways if you want to do it long term (1-2 years).

investing long term in altcoins that only get pumped and dumped in short term is not a wise decision in my experience.
1770  Alternate cryptocurrencies / Altcoin Discussion / Re: Why does Satoshi Hide but Vitalik doesnt? on: July 23, 2018, 05:58:04 AM
because the thing they created is very different from each other and they each serve a completely different purpose, a purpose that requires Vitalik to not be anonymous and Satoshi to be.

bitcoin was created to be a decentralized currency. it shouldn't have that kind of authority figure like Satoshi. it is a system that works on its own and backed by the entire network of decentralized nodes.

on the contrary, ethereum is a centralized platform created so that Vitalik and the supporters (the foundation and banking cartel investing in it) can make money. so it needs the public spokesman to advertise it.
1771  Alternate cryptocurrencies / Altcoin Discussion / Re: How to Choose Which Altcoin to Invest In? on: July 23, 2018, 05:50:13 AM
information about the specifics of digital currencies which have more advantages than Bitcoin.

in other words you are looking for the altcoin that has the biggest lies in its advertisement.

well that is a good strategy as a matter of fact because in this market we know that the good altcoins are not that successful and they fail to give you big profit like the shitcoins do. and shitcoins use these strategies to advertise; they use things like having higher market cap, having more coins, faster blocks,... and newbies fall for them and the pumps become big.
you can make profit from these  coins as long as you are aware that there is a dump coming.
1772  Economy / Speculation / Re: Uptrend again? Bitcoin will reach 10k$ soon? on: July 23, 2018, 05:33:33 AM
Interesting that on the day BTC hit $7000 recently, there was a belief Bitcoin could go directly to $10.000, then Bitcoin has lost speed right after and stopped between $7300-$7500, things became more uncertain again and a belief of fall in price gained strength, following the argument that there wasn't enough power to keep rising on that increasing line of days ago. But Bitcoin is showing there is some gas left to keep moving.

If Bitcoin is stable near $7500 and fighting to rise a little more, there is still hope it can hit $10.000 at this time.

it is called accumulation which means price stays pretty much where it was. it is not a "struggle" but it is a "purchase" where people are constantly buying more and more bitcoin accumulating it to get ready for the rise. and you can see that with two things: the higher volume during these times and also a small and slow rise which is why price is now $7600.

during this time you can sometimes see drops happen too for example the $300 drop that we recently saw and another sign that this is accumulation phase is that that tiny drop was bought up super fast.
1773  Bitcoin / Bitcoin Discussion / Re: Bitcoin will prevail, while other cryptocurrencies grow. on: July 23, 2018, 05:22:21 AM
While bitcoin's price has stagnated in the last two weeks, smaller digital currencies such as ripple, stellar and tron have surged into the ranks of the largest cryptocurrencies by market capitalization.
wrong and wrong.
bitcoin price has not "stagnated", it was actually rising with a solid slow pace for the pat two weeks with one bigger faster jump when it reached the resistance.
as for XRP it has always had a huge market cap because it has billions of coins as its supply!
and Stellar got pumped hard because Coinbase said they will list it on their platform that is all!

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Erik Voorhees, CEO of digital asset exchange ShapeShift, said that in contrast to bitcoin's dominance on the platform a year ago, about half of transactions on the platform now don't involve the popular digital currency at all.
ShapeShift is  a special form of exchange people use it to trade altcoins with each other. for example you dump ETH to buy LTC, you dump LTC to buy something else and so on! the volume of different coins change based on which one of them is being pumped at that point. just like any other exchange out there.

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However, bitcoin should still benefit from the increased interest in the "alt-coins." Analysts also point out that since bitcoin is the most established digital currency, it is often the way new investors access the cryptocurrency space.
i disagree, the damage is more than any benefit that you are thinking of. the damage is two things:
1. damaging the image of bitcoin as altcoins are useless, buggy, scam, pump and dump and ...
2. damaging the price as when the big dumps come money usually exits through bitcoin and can crash bitcoin price too.
1774  Alternate cryptocurrencies / Altcoin Discussion / Re: I think Hodl is most overrated term used in crpyto on: July 22, 2018, 06:30:47 AM
every word has a meaning, you can't just assume what it means and then use it with your own personal definition. it is like these days that people call bitcoin rises "pump" and each drop as "dump"! that doesn't make them true you know...

HODL is also like that. you have to understand what it means. the word itself was mostly a joke or a meme if you like to call it. but the usage and real meaning of it is as a long term investment. you can invest in bitcoin and HODL it or you can invest in grains of sands and HODL  them, but the second one doesn't make it a good investment just because you are HODLing.
1775  Economy / Trading Discussion / Re: The hard Truth on: July 22, 2018, 06:10:17 AM
i believe since there is no way of measuring how many people lost money in their trades so the 90% mentioned in OP is not realistic but mostly like a guess. although it is understandable assumption because of the fact that most of the traders are newbies and we are all in a heavily manipulated altcoin market where prices go up and down illogically and purely based on pump and dumps and if you are not familiar with pump and dumps and try to analyze them like traditional markets then you will definitely lose.
but as i said it is an "if", you can easily start opening your eyes and see how the market works and adapt. then you can gain more experience and eventually become successful.
1776  Economy / Speculation / Re: Will bitcoin reach $25000 by the end of the year? on: July 22, 2018, 05:57:07 AM
anything is possible with bitcoin but i don't think we can set a new ATH in just 5 months while we are not even in a bull run. if we have had a solid bull run for at least 1 month and prices has been rising so far then it might have been possible but in order to reach there we first have to get out of this accumulation stage then start rising slowly and have some panic sells (two major slow phases) then start rising faster (so far 5 months will go by with these 3 stages) then start having the bigger rise to a new ATH.
1777  Bitcoin / Bitcoin Discussion / Re: Bitcoin opening new face on: July 22, 2018, 05:47:43 AM
Still bitcoin is surviving
bitcoin has been surviving all along and it has nothing to do with the news and certainly has nothing to do with its price! it is surviving because of its usefulness, security, decentralization and a lot of other things.

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but its an great news for us that world wide many country government is thinking about crypto currency now. Its an positive sign for crypto future.
the "bitcoin" future has been positive all along too. and what government does, if it is positive will only ease the way to success, it doesn't make it.

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you said all these things to share this news? this isn't even related to bitcoin!
1778  Alternate cryptocurrencies / Altcoin Discussion / Re: Centralized cryptography?!? Is there cause for concern? on: July 22, 2018, 05:39:52 AM
the "cryptography" isn't centralized the "cryptocurrencies"  or more accurately some "altcoins" are centralized. and no it is not a cause for concern. they are just shitcoins doing their own thing and people only use them as far as exchanges go and nothing more and only for profit making purposes.

being on top of some list (market capitalization sorted) does not mean they are strong. it just means they are bloated more than others because of their huge supplies which they used to manipulate the result of market cap and stay on top of that list.
1779  Alternate cryptocurrencies / Altcoin Discussion / Re: What kind of magic is this? on: July 20, 2018, 06:09:20 AM
But the question is, Bitcoin price/value is still going up but the price/value of every altcoins especially Ethereum goes down. How did this happen?

because this has always been like this!
when bitcoin goes down => altcoins go down also
when bitcoin rises up => altcoins go down instead

reason? i believe it is mainly because the money always goes back to bitcoin which is the only coin that everyone really cares about and believes in when it comes to real investments.

and there is a couple of exceptions to the above rule:
when bitcoin is stable => altcoins get pumped
reason? because during bitcoin stability traders can not make the same profit from it so they go to pump altcoins and make profit

when an altcoin is already on a pumping spree => that altcoin pumps
reason? because you can't stop a pump from happening. when the rocket is launched there is no stopping it until the pump reaches its peak of the bubble and then there is no stopping the bubble burst and the dump.
1780  Alternate cryptocurrencies / Altcoin Discussion / Re: If you want to choose: "HODLING or DAY TRADING" which one? on: July 20, 2018, 05:46:46 AM
holding is only good if the coin you are holding is a good one with real future, low risk, big rewards. and so far i only know of bitcoin that fulfills these conditions. this means i only find day trading a viable option for altcoins.

based on my experience i am making a lot more profit when i trade altcoins in short term only which is why i am going to stick to it, in the end the only important thing is whether you are successful in the strategy that you choose not the strategy that someone else uses. maybe the strategies i use is not good for someone else or vice versa.
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