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1121  Economy / Trading Discussion / Re: How to know before the Dump? on: February 24, 2018, 07:47:16 PM
Study some technical analysis and use support, resistance and trendline break on higher timeframes like Daily (D) or Weekly. This timeframe is good for longtime hodlers like you. Sell if the chart is about to go down and buy at the bottom. Follow your plan 100% and dont get emotional.
This might help but not  accurate , it will give you some basis whether to follow the pattern as it will give more ideas what would be the next outcome, but with your questions OP, it's really hard to say or predict when the dump will happen as crypto industry is full of speculations and because of that, emotion needs to be controlled properly to avoid wrong decisions, just aim for long term hold if you are in an investment type person.
Yeah, a very good one. Daily chart most especially is the best for long term holders and adding to what rommelzkie have said, I would consider the OP or anyone in his shoes, learning how to make use of the moving averages, bollinger and then reading the candles to be able to make some decisions when holding for long term.

There are plenty resources online and they can easily direct someone into learning how to do all of that. Trend following is a pattern every long term holder uses, and that should be of great help.
1122  Economy / Economics / Re: crypto market demand is increasing on: February 24, 2018, 09:39:52 AM
If crypto market demand is increasing then it's really a good news for everyone.It means that  many people will already engaged in crypto currency  so expect that the price will also increase.
That is pretty normal. High demand, high price. I am not seeing anything wrong with the market before anyway, and we have not even seen any adoption yet. Considering the news that has been circulating so far and the good development coming up, I expect that the market should do well pretty soon.

The market has been looking strong, we are not seeing much volume moving out, but all the same, we still have to be careful but in the long term, the demand is always going to keep increasing as bitcoin becomes usable even the more.
1123  Economy / Economics / Re: Bitcoin Burning of Money on: February 24, 2018, 06:43:16 AM
It really seems to be true. The US government has the world's largest public debt. About 20 trillion. If all who have dollars will present them for payment then America will be bankrupt. It is logical to assume that bitcoin will collect all those dollars and then go bankrupt. It is possible that bitcoin was invented and implemented by us intelligence agencies.
Indeed they say things that are quite logical and it is also their right to say it for a reason quite logical, I do agree with them and I understand a bit of the government's opposition to bitcoin for legal payments.
What is so logical about what they are saying and how does that even have anything to do with bitcoin? It has already became obvious right from time that dollar has been crashing in its value, so to me, bitcoin is not burning the money, but money burning itself, and moreover, I still do not see how fiat or physical cash will still not stay relevant, so at the end, bitcoin will only serve more as a safe haven for those who believe in holding it more than the crappy fiat.

Bitcoin even if its the most popular cryptocurrency won't have the necessary means to defeat Fiat currency. The most realistic reason out there is because Fiat currency is more practical to be used physically when buying goods.
Realistically, it is not even something that can even happen. The government will always want fiat to stay relevant and they will always do everything in their power to make that happen. Bitcoin on the other hand will serve as digital currency for global exchange, so the idea of burning of money or any term anyone wants to call it does not sound reasonable at all.
1124  Economy / Economics / Re: Is it possible for someone to manipulate the virtual currency market? on: February 24, 2018, 05:51:03 AM
Financial collusion poses the greatest danger to all types of markets. Stock market players often use speculative methods to make quick profits. Various methods of manipulation From information technology to everyday psychology are used. If the company has a high liquidity this is used by large banks and corporations.for speculative earnings. They have an informal arrangement among themselves to buy up the currency EN masse. Thereby creating hype and artificial demand for the currency for which there is currently no supply.
Yeah, and most especially since they have what it takes to always play the market out to their advantage. They are big, they are rich, they always hold good position in every market and they take advantage of the lower traders and all the stop losses to get their profit. It is not possible for someone (a single person) based on the topic to manipulate the market though, but for group of big boys with huge position, this is very possible and we are already experiencing that.
1125  Economy / Speculation / Re: Will 2018 be better than 2017 for bitcoin on: February 23, 2018, 07:29:03 PM
At the moment all predictions about bitcoin going on right track and hope as per prediction about Bitcoin climbing  will become true very soon just in next two months so hold and wait for good moments.
Yeah, the good moments are always the ones to watch out for anyway, but from the look of things, bitcoin is really looking good and I am not seeing those huge volumes of sells for now. Bitcoin can start bull run anytime and can also decide to take a new turn however it wishes, no one knows, but from what I am seeing on the indicators and charts, it shows some level of strength and the fact that the bears are out and waiting for the bulls to take over.
1126  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO scam!! on: February 22, 2018, 08:39:52 AM
As stated, there are many ways to scam people during ICO period. Some scammers look very professional that you see their project as investible. They actually market their scam ICO very well to make you invest in it.

Let me share with you an article that explains one of the most recent scam projects, Benebit and how they scam their investors.

https://medium.com/@Descrow/the-organizers-of-the-scam-project-benebit-have-disappeared-with-2-7-mln-ba0ef4fb440b

I had joined their bounty campaign to promote their project, and guess what? I got nothing!
It is normal because some of them are professional scammers and they take their time like they are in for the real business knowing it is for a good cause for their pocket. Most times, the only way to know is to find about their team.

It is not about a graphically well designed website, or a colorful and well written ICO or some github codes, the team definitely is just the best bet to be sure. You cannot have a team that has worked on several projects in the past outside cryptocurrency or probably have some relative experience with some top companies and a good position over the years, to spoil his or her name over scam.

Once you are sure this is a team you can assuredly leave your funds in their care, then that is when you can go find out about the project and analyze it yourself to see if it is something that can work before you invest.
1127  Economy / Trading Discussion / Re: How to Come Back? on: February 22, 2018, 05:47:32 AM
Cry Cry I lost a lot from Ponzi Hyip and ICO lending. I am currently holding some top 20 coin. The amount of money I owed is so great, I had to mortgage my house, I did not know what to do anymore, please help me advice if I should  continue in the Crytopia this or not?

Don't invest your money unless you are sure that your investment will be repaid.

You need to be calm, and this experience will help you in the future!
Does he even have any other choice than to be calm now ?
He is already in a huge debt to the point of mortgaging his house, so anything he ends up doing now should be to get calm, and watch how events unfold.

Yes, the market may not be looking good now, but very soon, if he has invested in the top 20 coins at their dip, he should be reaping his profits soon, but he should not also forget to monitor those coins growth anyway, so he does not end up missing a good spot to sell when the market has been overbought.
1128  Economy / Trading Discussion / Re: What to do if you lose $2,000 in trading? on: February 22, 2018, 04:29:25 AM
$2000 is nothing in crypto, you today can lose $2000 in trading but tomorrow you can make $10.000, this is trading, everybody lose some, but at the end gains must be more than losses.
LOL. Of course 2k$ is just a small amount to the whales but with new trader and new investor I think this amount is really big to them and for me it's also really huge Smiley). To earn 2k$ in crypto it's not easy if you don't have a huge capital right at the start or you must be a really hard worker. But I think when you're a expert in crypto world I think it's really easy to earn 2k$ if you have huge capital at the start or not Smiley

That part is similar with gambling, when you lose some amount you try again and even with more money if you can afford it. Trading is not always making, in trading we all lose when market starts to go down, but again when its going up not all of us are winners, that's why sometimes you need to know to keep and sometimes to get into the trade's. There is one good one, you lose only if you sell, that's applay a lot in many alts not just bitcoins. Keep that in mind when you wish to trade, and one more thing when you fall only way is up, so after loss get up and try again and again until you learn to do it properly.
Yeah, liquidity is good and knowledge is better. I have noticed though that most newbies have severally ended up on any exchange, and then at the end of the day discover that they made the wrong decisions and that is because they are always so jumpy when it comes to conclusions without making any research.

The web is all there for everyone and a lot of resources as well, so I wonder why someone will not consider liquidity before choosing an exchange, coupled with some other features and the same applies to knowledge as well.
1129  Economy / Marketplace / Re: I'm going to buy some bitcoins on: February 21, 2018, 02:48:03 PM
When to buy some bitcoin?..We never know when is the best time to buy bitcoin. Always remember when you enter into this kind of transactions theres always a risk. Bitcoin is very volatile. Study the chart of bitcoin when the period bitcoin drops down maybe this will give you a hint.n
There is no such kind of principal or rule which can help you in deciding the right time for investing your money into bitcoin or making a decision of buying more number of bitcoins as bitcoin is continuously providing more opportunities to get into it. The only thing which can help you in having a fair idea about the right time for buying of bitcoins is to study the trend in the market and to analyze the market very much carefully. If you will decide in a hurry, there are chances that you will end up making wrong decision.
1130  Economy / Economics / Re: crypto market demand is increasing on: February 21, 2018, 12:15:50 PM

So South Korea was both rival for the bitcoin and winner of the bitcoin. It was the reason last time bitcoin fallen like crazy but that was golden opportunity to those who were new in the field and wanted to get the entry into investment and they did. Now is the time when Korean regulations are in place and the whole thing is just going in the direction thus making the move of bitcoin upwards. So yeah it’s best thing that has happened now.
It is really a good thing seeing that happen, since most people have decided to sell because of FUD. Demand will always keep increasing, those who are smart enough know the level at which bitcoin is going to be demanded over time, thereby making the value of bitcoin increase higher, but since we had the weaker ones in the uptrend channel, I guess it was necessary to shake them off first and those who are smart bought back at the best value from them.

Whales and institutions used the news to play with the market and then those who are FOMO buyers ended up getting a weaker hand and that is where the whole downtrend started as they kept blowing the market down the more so as to get at a better value. Whales are always the winner in this equation in case you do not know and panic selling is not an option, they make the market.
1131  Economy / Economics / Re: Bitcoin bull run begins now? on: February 21, 2018, 10:51:40 AM
If this is a bullish year trend, then most bitcoin owners will be happy, especially those who bought bitcoin at a price of 18-19K in December.
Who wouldn't be? Actually, I even want to believe that a real holder who believes in the future value of bitcoin will be holding by now as most individuals who bought into the FOMO out of greed must have sold out and end up coming back in when another FOMO rush starts. We cannot say though when bull run starts, but all that depends on the situation of the market, if we end up seeing something to push the price up, news or whatever, then hopefully we get to see a nice bull run in the year.
1132  Alternate cryptocurrencies / Altcoin Discussion / Re: WARNING YObit is a scam on: February 21, 2018, 09:17:50 AM
Yes, so far there were no positive reviews about Yobit. Legitimate coins should not even consider listing in Yobit. Most coins listed on Yobit are shit coins or pump and dump coins. So beware and only choose good exchange to trade.
There has never been and there will never be. Yobit sucks, they have shit coins littered around, they have no support, and they are so shady. Anyone using Yobit, usually use them at their own risk and if anything happens to your funds in the long run, you accept your fate and move on. The question though that keeps running through my mind is why people use it when they know some of these things?

I really wonder if most of you do not check review of some exchanges before you start making use of them. Yobit has been known to always be into some shady deals and for a while now has been known to be a shitty exchange. If you had done your research well, then I am sure you would not have fallen into trap. Unfortunately, no support to contact, so you are strictly on your own, wallowing in your loss.
1133  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think will/can hit a 100x this year? on: February 21, 2018, 08:25:54 AM
My guesses are:
Waves, verge and ADA Cardano. These are the most promising coins for me. But really I think no one can predict a thing like this.
The rate at which Verge has grown based on the tool one of the users shared above us, I am really impressed and I get to wonder where I was, to have missed such a good train. Grin ADA is really on my hot-list right now and I am really waiting for it.

Waves on the other hand have been pretty slow for some time now, but I feel it is a time bomb waiting to explode to the upper trend and profiting the holders a whole lot. I may be wrong, but I can imagine the number of investors that have been waiting for the value growth of this coin.
1134  Alternate cryptocurrencies / Altcoin Discussion / Re: Eth founder says crypto could go to zero anytime on: February 21, 2018, 07:53:57 AM
That is a wake up call from the co founder of ETH, no one should invest his/her saving in cryptocurrencies and again invest only what you can afford to loose because the cryptocurrency market is very volatile and at that it is unpredictable any thing can happen but in at that taking the risk some times pays off.
A real wake up call and I am happy it is coming from someone like him, knowing the impact he has played in the cryptocurrency space. If there is even anything most investors should know is never to go all in or attempt something they cannot afford to lose.

Life generally is full of risks and no one can ascertain what the future holds with the same principle applying to cryptocurrencies. Most people really do not want to play along with the rule of life, but would rather decide to let their greed impulse take over them, which is where the problem starts.
1135  Economy / Speculation / Re: Are there any optimists left? Is $100K still possible? on: February 20, 2018, 08:28:42 AM
Buy if crypto has taught us anything, it's that volatility and unpredictability is no surprise with this market. BTC might begin another bullrun soon. But and all time high of 100k in 2018 is quite a long shot. Maybe half of that is possible.
The fact that anything can happen at any time without anyone even believing it could happen. As much as $100k within a year is not possible, that still does not mean it could not happen. In the human eye or perspective and from what we are experiencing presently, it does not look possible, but judging with the beginning of last year and what we had, anything is possible, which balls down to the fact that nothing is predictable; we only have to wait and see what happens.

Count me in because i am still optimistic enough that bitcoin will reach such price in the future. If we will based that on bitcoin's price since it was launched, then bitcoin has already reached more than that price already.
Overly optimistic! May not be this year, next year or in some decades, no one really cares, but at some point, I am sure bitcoin would have gotten to a stage of massive adoption and maybe some will start seeing how blind they have been by then and how they have been so deceived by the government in to making them believe in their crappy fiat based system. Bitcoin has a lot of room for growth, so there is a huge possibility.
1136  Economy / Speculation / Re: Debunking the waste of energy argument against Bitcoin on: February 20, 2018, 07:46:33 AM
I always wonder if those poeple would say the same thing to guy paid to drive a armored car to move funds from A to B, and risk his life every day.

"Hey honey, you are doing a pretty useless job. Also, it is an extreme waste of energy"
Honestly, if we want to start counting the extreme waste of energy, we would even count more than what the OP has listed. In fact, bitcoin consumes far less, and even its adoption saves even lesser energy that all their useless bullshits that help no one but themselves. They really know the truth, but we already know that, bitcoin has come to disrupt a lot of things, and we would not expect those who it is affecting to keep quiet as they keep getting even more embittered. And you know what? That makes me happy knowing we are really getting at them.
1137  Economy / Speculation / Re: Will Bitcoin Hit $20K in few weeks time? on: February 20, 2018, 06:53:55 AM
Yep! The prediction of bitcoin sky rocketing is here and working out itself to even greater heights, even to say that :it will exceed 20k..is very possible and real... Cos the rising of bitcoin has always beaten humans imagination..
Nothing is impossible with bitcoin. However, it is always better we wait for it. As much as some are very optimistic, some aren't but only time and the chart will end up telling us when it eventually happens or not. I am also very optimistic, but I am not really the kind of person who likes raising hopes too high and just prefer following the tides when I know obviously it is beyond my power to do anything about it.

Hopefully bitcoin may hit $20k. Is there a possibility of us knowing now ? Definitely not! Looking at how history has always been, bitcoin has always shown a great sign of recovery after a long dip like this. Bitcoin has shown great signs of improvement over the years, so I really do not expect anything different in the long run. We are going to get over this and keep moving stronger with the hope of breaking the downtrend channel in coming days.
1138  Economy / Speculation / Re: The Noose Is Tightening around Bitcoin on: February 20, 2018, 06:23:32 AM
Quote
SCAM ALERT: Resisting Rickard’s Road to Ruin Gold Racket

An impending “government’s secret plan to freeze your money” is part of the same rant as Jim Rickard’s previous warnings about a ” 70% stock market crash”, “$100 trillion meltdown” and  A “coming catastrophe”.  None of these happened.   Yet, Jim Rickards continued to bombard consumers with spam in webpages and email with his doomaggedon rants.   But Rickards isn’t sharing his alarmist point of view out so that unsuspecting US citizens can protect themselves.   No, Mr. Rickards wants your money.   He’s selling you on his doom-saying book about how money is no longer safe as well as a site called “Money Morning” which houses other doom merchants and scaremongers. 
Source: https://www.sandiegocan.org/2016/12/01/scam-alert-resisting-rickards-road-to-ruin-gold-racket/

Great catch! I really woudn't have believed it either way, but it's nice to have a peek on his motivations. He has already predicted the economy to fail quite a few times, so it only makes sense for him to jump on the bandwagon of crypto. He even (again) tied it to a global market collapse. Man this guy is hilarious.

I'm guessing he will release a book on crypto soon? I mean, he did single out Bitcoin, so he could advise his followers, if he even has any, to take shelter on other cryptos to avoid the inevitable collapse.
Straight from when I started watching the video, I almost puked out of laughter. Look at his face like that of a kid in a confused state. Even a grain of salt has value than whatever comes out of this guy’s mouth. Hilarious indeed! There is a huge level of bitterness written all over his face.

He actually thought this recent correction could have resulted to a crash at $200, so he could manage to buy, but then, he is seeing it bouncing back strong, decided to make a stupid video and thought anyone would care what he says. He should try again.
1139  Alternate cryptocurrencies / Altcoin Discussion / Re: Do u follow what politicians say about cryptocurrency? on: February 19, 2018, 12:48:30 PM
Politicians are simply pursuing their goals and they have influence. If they benefit from crypto currency, they will praise it, but if the crypto currency is not profitable for them, then we hear news about inspections of crypto exchanges and about the dangers of crypto currencies.
The only benefit it can end up having is showing support for cryptocurrencies. They know it is a threat to the government and we all know the extent at which they keep stealing from the masses. Having something to challenge that is not going to work for them, but of course, they have the balls to even go to media to spew rubbish.

Nevertheless, I believe things are changing gradually and they are beginning to find a way to make things work between the government and the crypto space. Let's see how things go.
1140  Alternate cryptocurrencies / Altcoin Discussion / Re: Do we have an impact? on: February 19, 2018, 10:40:25 AM
I wonder.  Smiley  It looks like the people posting here don't have that much btc/cash/funds and are almost all small fish.  One of the reasons is of course the bounty hunters.  People with >100btc don't need bounties.  People with >1000btc don't need this forum lol...  So I wonder, all the fud, shilling etc here.  Does it really have an impact on prices?  I tend to believe we are all manipulated big time by real whales with 100's and 1000's of btc.  If a group of eth hodlers of several 100k eth decide together: let's go down today, then we will go down. When prices are down enough they decide to go up.  Thoughts? This pattern is the most obvious on reall small exchanges with bullshit coins.  Look at some of them!  You KNOW they are worth nothing and all of a sudden they moon and drop. 
First, most of the stuffs you have said are kind of based on assumptions. Secondly, you think big whales have just only 100 btc or 1000 btc? Think deeply bro, they have far more than that and they also group of people who make money off the panic of others. They control the market, so where do you think all those FUDs come from, you and me ? No !

Most of those FUDs are generated by them, and they leave those who are weak enough to panic and even drop at loss, so they can buy back at the bottom and wait for new set of weak hands to feed on.
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