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61  Bitcoin / Bitcoin Discussion / Re: Bitcoin holding will be worth this year or in the long run? on: October 10, 2019, 05:20:47 PM
I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges. I wonder  if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?
I totally agree with the words "exchanger is the biggest holder" and Twitter analyst crypto. When halving later the possibility of bitcoin value will rise, at this time the dominance of bitcoin in the market is very large compared to altcoin. FUDs that might come out later can be very difficult for the market, and if the value of BTC is as high as 10 billion how the transaction will be, many people will complain about transaction fees.
Does exchange only provide a place for trading? I don't know if they also held a lot of bitcoin in their wallet. if they have that much bitcoin, of course exchange sites can make a big impact on the market. they can wake up bullish even bearish. of course what we expect the most is the high price in the future. but if the 10 billion moves will certainly have a big impact on the market, depends on what they want.
62  Economy / Trading Discussion / Re: 3 things should not be too in trading on: October 10, 2019, 03:19:15 PM
too much volume has been the biggest enemy of traders. Volume can lead to artificial pump and dumps which can really take away money from retail investors. Newbie traders should try trading only in securities which don't have much volume around otherwise there can be a lot of problem.
I dont think too large volume is a problem, precisely a large volume will reduce the risk of scams and price manipulation. if you trade on altcoin that has a small volume, they will be very easy to manipulate and very easy to reach very low prices and even collapse. I think large volume is not something to be feared, in fact many investors prefer to invest in top of marketcaps (biggest volume) because it proves to be more profitable.
63  Economy / Trading Discussion / Re: Do You Compare Your Trading ideas with others ? on: October 10, 2019, 02:51:05 PM
i do compare with my friends, it help me to correct my mistakes sometimes and sometimes my friends learn something out of mine.
Sometimes sharing sessions are very important so you know which parts you need to fix. it can increase your knowledge of trading and enrich the strategies you can have, you can exchange ideas and many other things. I often do that with my friends, sometimes I and my friends trade and analyze together. the result is far better than just playing alone.
64  Economy / Speculation / Re: what do you think is the best rate price for btc? on: October 09, 2019, 04:46:04 PM
or take a look at https://www.tradingview.com/symbols/BTCUSD/

$7,800 still a good entry point for now.

Well, sure maybe. If you're a long term holder though and if you're bullish in bitcoin in the long term, the $400 price difference shouldn't really matter to be honest. If people just stopped guessing on what the "best price" to buy in and simply did dollar-cost average consistently, chances are they would've made money.
If you are a long term holder, there is currently no best price to buy. now or the next 2 weeks is a good time to buy. because prices in the next few years are much higher than today. it's just for the short term there might be price differences, but if you are a long term holder then the price difference like a few hundred dollars doesn't matter right? this is not the best price anymore, this is the best time for you to buy.
65  Economy / Trading Discussion / Re: which is easier 1-2% a day or 20-30% per month on: October 09, 2019, 04:27:45 PM
Ok neither of these are easy but as a long term strategy to do think its best to day trade and try and get 1-2% a day or invest in a couple of coins and try and get 20% over a month
every trader has different skills, so just adjust to your skills, but if you have a short-term strategy that can really profit 1-2%, of course it's better because in every month you will produce 30-60%, but if you can't, don't force it, 20% is also worth a lot if you have a large capital.
Not only depends on the skill, but depends on the coins you buy too. Not all coins you buy can have a high increase or even have a price increase that day. adjust the profit you will take from the market situation of these coins you buy, if the coin has the possibility to go higher it is not a problem to wait until the price rises to above 10%, that includes large profits in one day, many altcoins can go up more than that in just 1 day, once again it depends on the market conditions of each coin.
66  Economy / Trading Discussion / Re: The price you will buy and sell btc? on: October 08, 2019, 07:03:35 PM
I think 7k I buy and sell 10k.

I think that 10k is possible soon but a further drop to 7k is still debatable because of the support around 8k as price is bouncing off it.
Anyway buying with the current price is still a good decision.
For current conditions where there isn't bad news, I think falling to $7k is not a good prediction. Lest say the price fell below $8k, but not in long time, many investors would definitely see it as an opportunity to buy and many people would buy it then the price would rise again.

I would say that $10k will definitely happen again, if your target sell is at that price, then buying now is not a problem.
67  Economy / Economics / Re: Why Bitcoin is not that good as currency? on: October 08, 2019, 06:36:11 PM
Bitcoin is good as currency with faster and easy for transfer your bitcoin from one wallet to other wallet around the world, if use your money maybe little difficult if sending money to other country and take several day for sent it, with using bitcoin or altcoin just take several minutes your payment have been sent.

Transaction wise it is good since it is faster but one of the main problem is how stable its value now was since there's a great increase in its price from the beginning up to now. This is a foreseeable risk for every business planning to use bitcoin as a method of payment because it may put them into disadvantage in some situations though there might be some instance that they can profit from it.
The volatility indeed will be a problem in using bitcoin as a normal currency like fiat. It is hard to imagine if bitcoin will be used in a transaction and then the sudden movement will occur. We are not ready yet to use bitcoin as a normal currency due to some complications so I think it is better if we will use it for a profitable transaction such as trading and investment since the volatility is perfect for this industry.
What about inflation from fiat currencies? is it inflation in a currency similar to fluctuation, but that currency is still used for payments in that country, why bitcoin cant be that way? fluctuation is not a problem as long as the price of the item is still crammed with the existing rate, then fluctuation is no longer a problem?
68  Bitcoin / Bitcoin Discussion / Re: Is this a scam? What to do next. on: October 08, 2019, 06:12:42 PM
That is a scam. I think the app itself is a fraud (balance changed by the developer or those who request Sam to deposit). The method similar to 'exchange withdraws' help where you need to deposit first before you can withdraw (if that's even possible).

Stop sending them more money. There is no way in hell legit business can double your investment overnight and not allow you to withdraw anything.

I don't know about the police, but you should report it anyway. The police might be able to help you as long as you have enough information about those who called Sam to invest more.
Honestly the police won't take the case that you are taking too seriously. they rarely solve scam investment problems in online, because they are difficult to track and their owners are anonymous. That's obviously a scam, because no legit investment site has personally contacted you to increase your capital to invest more. In an era like this, it should be easy to realize which investments are scam and legit. You have to be more selective dude
69  Economy / Speculation / Re: Can BTC still have any rally before 2020? on: October 07, 2019, 02:55:41 PM
I think btc is now exhausted after it's great rally for almost about 4 months and we might need to wait for a year for it to happen again. Investors might back away for a bit because of the outcome of Bakkt launching and everyone has been joking about the amount of investments that has entered in its circulation. To be honest, I a much more worried about altseason because I am sure btc will be okay no matter what so I hope it should be altcoins that will pump.
I don't think bitcoin is exhausted, it's just there isn't a strong reason for the price of bitcoin to reach ATH. The rally stalled because many people started selling in very large and sustainable quantities. but I agree with you that there is nothing to worry about bitcoin, bitcoin will definitely find a rally again next year. Don't worry when the bitcoin rally starts again, altseason will definitely also start.
70  Alternate cryptocurrencies / Speculation (Altcoins) / Re: sudden drop in BTC? on: October 07, 2019, 01:56:55 PM
In the present days the BTC market is going down and there is some fluctuation in the price but that is just to test the patience of the traders and the investors because when the big fishes wants to invest the price just go down and they buy the BTC at low price and when the market recover itself and come to the original state then they just dump the coin and make a heavy profit.

I would suggest that you keep a strong patience and set tight. Market will recover itself.

Do you think that i am right?  Go ahead and share you thoughts about the current market situation and your point of view.
Yes you're right, patience is the only solution with this current market situation, I believe the market will recover. While waiting to rise up in the market, it will be great if we buy more cheap cryptos, it is opportunity to us to earn more profit.
patience and smart investing. if you invest in worthless coins, no matter how patient you are, your patience will not bring anything interesting
of course, you can not make profit in worthless coins, you will lost your money at the end of the day. It's better to invest in the top coinmarketcap so it's really worth to hold for long term.
Yeah the duration of holding will depend on the coins you buy, if you buy coins like a small altcoin, then holding and being patient is not the right thing, we know the condition for altcoin when bitcoin bleeds right? you have to sell when the opportunity comes and immediately cutlose when the price hasn't fallen too deep. but for the current conditions where bitcoin has decreased significantly, it's not something you should worry about. Recover is a sure thing, so be patient is not a bad thing for now (if you hold bitcoin)
71  Alternate cryptocurrencies / Altcoin Discussion / Re: Do not trust New wallets with your fund on: October 07, 2019, 12:14:55 PM
Now many old wallets have been trusted in this community and when there is something new I feel it is not necessarily appropriate. But indeed, it doesn't hurt for anyone who wants to try it attentively with the risks. I think it doesn't matter either. But when you are not ready with the risks that might occur, then why try something new that does not even have a reputation.
Thats the point, why try a new one that doesn't have a guaranteed reputation and security, while there are plenty of old wallets that still exist and have a guaranteed reputation and security? why risk your money to try something else. as long as the function is still the same to save bitcoin, why should it change wallet ? Honestly, if I am comfortable using 1 wallet and feel safe, I will not switch back and look for feedback about the new wallet I want to use, it wastes my time.
72  Economy / Trading Discussion / Re: Are mixers illegal? on: October 07, 2019, 10:06:33 AM
I would love to have a general conversation around mixers and if they are legal. I've heard both sides. Would be great to have someone involved in the legal side of things like Ciphertrace or a regulator to shed light on this topic
We may question the motives why Bitcoin needs to be mixed when in fact Your transactions in Bitcoin remains anonymous unless you already posted somewhere your address where your coins are stored. Is it legal? Yes it is legal to countries that doesn’t have any law passed to make it illegal. Is there a country that already made mixing Bitcoin illegal?
Of course we already know the motive, what else if not money laundering, what else besides that? because we ourselves know that bitcoin transactions remain anonymous even though they are transparent. No one knows your bitcoin address, nobody knows how many bitcoin addresses you have. so why are you looking for other methods to be more untraceable transaction, if not for that activity. Even so, the rules will depend on the laws of each country right?
73  Alternate cryptocurrencies / Altcoin Discussion / Re: A quick disturbing question on: October 07, 2019, 03:32:56 AM
Hi fellas i am back again to throw a question at you all, this time i want to know exactly what will happen to coins and tokens that are listed on exchanges with no volume or too low volume after market start recovering, or if altcoins start surging in value, will these exchanges automatically have volumes due to the market surge or they will stay the same Huh?thanks

a coins and tokens already listed on exchange, but no volume thats called shitcoins or shit-tokens my friend
and i think shitcoins and shit-tokens will die when the market start recovering  Wink

I think so, Nobody can save their market, even though the crypto market is getting a surge. just coins that have potential will jump. some shit coins will certainly remain in the same position because there is no interest in buying. basically when the surge will begin, many investors will be more interested in buying big altcoin like coin in the top marketcap because it will obviously go up in price, while shitcoin will lose all its users and investors and will die.
74  Economy / Gambling discussion / Re: What is the difference between binary option and gambling? on: October 06, 2019, 05:48:12 PM
I always measure gambling from the level of risk and reward and i do believe that, this is the reason why cryptocurrencies traders, binary option traders, and forex traders are been referred to as gamblers by those that did not know how there work, as it is possible to have your entire accounts wipe out if you take risk with all your funds and at the same time it is also possible to double or triple your funds by just small movement in you favour.
It is almost impossible to come out with profits in binary options and a lot of strategies are out there and I have tried many of them. One thing is very common and that is: the gambling companies keep making money and binary option websites owners are among millionaire in their countries. My question is that,  is binary options part of the gambling industry as it deals with betting?

In trading or investing, there is a lot things you first need consider and a lot of factors to add up before you can try to estimate if the trade is worth the time, effort, and money. Meanwhile, gambling is concurrent and the results are just a click away. There is no standard statistics in those games that is why it is called gambling.
But as he said that whatever strategy you use in binary trading, it won't have much effect because prices can change in any direction in just a few minutes, it's hard to predict prices will go up or down in a short amount of time, in what way or instrument you can know the price will go up or down in 1-5 minutes? thats why many people refer to it as gambling.

Yeah the level of risk will also be referred to as gambling. if the risk is greater then the level of chances of winning will be smaller. the more difficult to predict the higher the risk. there are no skills in trading, so you will be same as gambling, because the risk is also very big.
75  Economy / Gambling discussion / Re: Premier League Prediction Thread (EPL) on: October 06, 2019, 04:56:59 PM
Man City 0 - 2 Wolves


As you can see, I did this last friday thinking "what if...", should've done it on Thursday when odds where around 30/1  Cheesy 

City are now 8pts behind Liverpool, do we even have a title race now?

You're really lucky, sometimes I do the same thing when I place the last bet (last balance)  Cheesy
BTW we still have 30 games left so it's too quick to draw conclusions
Yeah, it's too early to say that Liverpool will win the premiere league, there are still 30 matches to be faced and especially Liverpool's have bad track record when approaching the end of the season, such as the Brendan Rogers era and last year season, several slips at the end of the season makes them lose the opportunity to complete the fasting of the English league title for 20 years.

Anyway I also often bet to choose underdogs teams to win, like a few weeks ago I choose Norwich City to win, with high odds I won too, great lucky Smiley
76  Economy / Trading Discussion / Re: Smart hodling vs just hodling on: October 06, 2019, 04:09:22 PM
No, believe me, Bitcoin won't go back to $3000, but it will increase in the next few months I think, I recommend to you just stay in your place by holding a bag In your hands, just shut up, don't do anything, then we will get immediate profits after Halving Bitcoin occurs later.
Why would anyone believe you? The people who said the same last year even 'guaranteed' fellow hodlers that the price couldn't drop below the $6k mark because that price was what miners needed to break-even.

People didn't take into consideration that Bitcoin has difficulty adjustments to make sure mining will always be brought back to levels it will be profitable again to mine. People paid more attention to fud from news outlets....

Markets can stay irrational for months or even years in some cases. Just because something has great underlying fundamentals it doesn't mean the speculative nature of the market has to respect it.
But go down to $3k is a huge price reduction, it takes a lot of bad news until the price can go back to that price again. in 1 year the price has never reached that level. Although anything can happen, but to fall as deep as that is a difficult thing to happen.

For me I think that prices will bounce back again, as many people expect, 2020 will be a good year for bitcoin. Even though this year's rally has been cut off at around $14k, who knows that next year will be much better?
77  Economy / Gambling discussion / Re: Invest in bitcoin casino bankroll on: October 06, 2019, 03:02:37 AM
How come any company can give share on investing there bankroll. I will not believe that if we have trust on that gambling side you are feel free to invest under test with your fund.
if any trust for the exchange of gambling set comes with such proposal also I will not invest on this kind of games.
This is not a stock or share investment, this is just a bankroll investment, you invest to increase capital from a bankroll not in terms of shares or ownership. You will understand how it works if you try it yourself.
Because many people say that in the end the house will win, then that can be a good consideration for investing in a gambling bankroll, because in the end the house will be profitable and you will also be profitable too.
78  Bitcoin / Bitcoin Discussion / Re: What do you think Bitcoins biggest vulnerability is? on: October 06, 2019, 02:18:40 AM
What do you think Bitcoins biggest vulnerability is?

Bitcoin do not have any specific vulnerabilities you can directly point and say this is it.  Some financial organizations and some government authorities  have tried to bring Bitcoin down but haven't had any  success doing that. This shows that Bitcoin has no specific thing that can be used or described as bitcoin's vulnerability....  If it did like bitcoin would been dead long time ago...
I think so, if a lot of people say that the vulnerability of bitcoin is a banned authority, its bulshit because in my own country there are rules that prohibit the use of bitcoin and I don't have any difficulty using it? that's the advantage for me not to pay bitcoin taxes. there is no bitcoin vulnerability is what makes many governments fear, thats the fact.
79  Bitcoin / Bitcoin Discussion / Re: DID I MAKE A MISTAKE INVESTING IN BITCOIN? on: October 06, 2019, 01:39:12 AM
Investing in Bitcoin is one of the most intelligent things that you've ever done with your money. I can't think of a better investment!! Well, what else did you consider investing in? The stock market is peaking and is going to crash soon under the terrible leadership of Donald Trump. once he ruins that country, people will flock to bitcoin because they'll know that it is the truth and the future.
Yeah I know that, you won't realize it until you do it yourself and earn profit by yourself. there is no investment as profitable as you can get in bitcoin, the price can rise several times, which investment can have such a crazy change?

if you want to be rich, you're not wrong choosing bitcoin as your investement. after the stock market weakens, many people will definitely glance at bitcoin, and that will be your advantage as an early user.
80  Economy / Trading Discussion / Re: Is anyone here that has referrals on any exchange? on: October 05, 2019, 05:13:15 PM
Im trying to bring some referrals under my on 3 exchanges at the moment, is anyone doing this? did you made any $$?
I did but it doesn't give me much profit since my referrals aren't that active traders. It's not worth it since I don't benefit from the potential of every trade they'll make because of that. There are a lot of exchange that allows you to get commision for every trade of your verified referrals. This is a great way to make profit in crypto when you know someone who can be active traders.
Yeah it is not big commission you get, I guess you need to focus in trading because you will get more money or profit to that instead of focusing to the referral commission that you possible you get. They exchange that offer commission to every trader who register under you but the percentage is very little and even you have more referrals it doesn't mean that you get big profit from them.
Don't rely too much on the benefits of referrals, because the profits are very small especially if you only have a few referrals. It's okay if you consider it as a bonus, if you are a trader then focus on the trades that you do. don't focus too much on how to get lots of referrals, you're not marketing dude, you're a trader. So be a professional trader, get profit from your skills of analyzing in trading
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