I had previously doubted that Bitcoin would be replaced by another currency. But my mind has changed. Because I see there are many other cryptocurrencies that the developers are trying hard to solve the problems in cryptocurrencies. What about bitcoin? We don't know who are the developers and no effort is being made to develop it.
If you don't try hard, your rivals will win. Bitcoin's rivals will win too.
But the problem with your logic is that there are already coins around that is better than bitcoins. However, we don't see it overtaking bitcoin, why? Because its been used as a store of value (SoV), meaning a lot of investors are pouring cash in the market right now to keep their money safe and of course make profits in return. I had previously doubted that Bitcoin would be replaced by another currency. But my mind has changed. Because I see there are many other cryptocurrencies that the developers are trying hard to solve the problems in cryptocurrencies. What about bitcoin? We don't know who are the developers and no effort is being made to develop it.
If you don't try hard, your rivals will win. Bitcoin's rivals will win too.
I think ETH has already replaced it as the most widely used payment option. I see most of the clients prefer paying in ETH now as it has less fees. Exactly. ETH is much better technology wise than bitcoin, its fast, less fees and the devs are really active. But why it remains on the second spot? Its because people still prefer to use( invest) bitcoin despite all the scaling issues, high fees (although not the case today). Also LN is coming, everyone is claiming that's its going to be the solution for the current problem, so this might be another reason why people are still getting into the bitcoin market. |
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I'm sure in the future Bitcoin will be significantly improved. And the technology itself will go into our lives.
Did you really understand what's the topic is all about? The OP is talking about the Bitcoin future contracts offering by CME and CBoE and what's its effect on the market price. Anyways, fast forward today and after the contracts has expired around February if I'm not mistaken, it didn't bring good effect on us long term. Its seems that when it was opened last December, people FOMO'd, pouring cash into the ecosystem that really pushed the price to almost $20K. However, we know what happens next, the bubble has been burst and price plummeted to as low at $6500. So we can say that it only brings more harm than good to all of us so it didn't play out as what everyone thought would be. |
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Utah actually won a game versus Houston at home tonight. Almost all the Rockets top line had 5 fouls including Harden and had to sit out most of the third quarter. Everybody counted the Jazz down and out in this series from the very beginning because of Ricky Rubio being out cause of a hamstring injury weeks ago. I think even before the playoffs started. And they were their best player which is a veteran in these playoffs. But the rookie Donovon Mitchell is stirring up things for them and created an unbelievable dunk in the fourth which looked like something from the NBA dunk competition. He threw it up high looking like it was going to be a shot but it hit the rim and bounced back to himself to finish it off with a dunk. With defenders everywhere in the paint. Now this is what the playoffs are all about. With surprises in every game.  Even Charles Barkley counted them out to not win the game, never against the Houston Rockets at home. I guess they showed Sir Charles.  This is all because of defense. Remember what they said before it started, they are going to make Harden feel like it is hard to make a point and its uncomfortable to make shots. They did it at the first quarter giving them a huge lead and also the second one. Just got out of their claws at third but at the fourth everything went back to defense again. Funny my friend and I were talking about this. Who wil win, the best offense or the best defensive team. I guess that tells it all. Stops in exchange for a chance to get points. Ingles really made some good offensive runs. Harden totally shut down on this game since the Jazz force him to commit 5 foul which is not usual for him. I agree with you that he temporarily release his bullet on 3rd quarter because Jazz player is resting due to the huge gap in points. I admire the concentration of Utah even though a lot of pressure against them by the fans, They still manage to focus until the end. Who notice the avengers destructing players of Utah during free throw? Harden shot was challenged by the Jazz and there's one play wherein he was blocked. I also like Utah's composure even though the Rockets was able to climb back and even take the lead, they didn't collapsed and was able to stay abreast with them and then they got the upper hand. It is just me, doesn't Ingles looks like Dirk's lefty version? He made crucial 3's. Donovan Mitchell ROTY no doubt. |
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I just wanted to know if anyone has theories about the impact of having bitcoin futures. Although there seems to be not many people shorting hehe
With regards to that. It's always been a positive outcome for Bitcoin. The drop happens usually and we shouldn't worry because it is completely normal. We should get used to the sudden drop then up again. Besides that, bitcoin is widely known now, imagine it's growth in 5-10 more years I didn't see the positive outcome that bitcoin future contract has brought in the market. We can say that it really push the price in December that's why the inevitable happen, it burst and then we experience bearish trend for the last 4 months. So I can say that it didn't do anything good for us. Its just been hype that's why a lot bought during the December madness specially when they hear that CBoE and CME are entering the picture. But once we saw what it does bring long term, all the hype is gone that's why we suffer and ended up in the bear market. Its good though that we have somewhat recovered, but for me, it also brings more problem to us. |
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$12,000 is quite far but $10,000 - $10,500 is a possibility.
Well, if we manage to smash through the $10,000 level (which is a very important level that either makes or breaks the short term market), the price will definitely keep pumping further, and I'm sure $12,000 won't be anything special then. I personally am too conservative yet to see the market reach that point this month, but if we do anyway, then expect a solid increase following up on that achievement. Mentally, 5 figure levels are very important, and that directly represents the 'actual' end of the bear trend people consider this market to be in, and while I'm not really into this bear trend thing because I look at the bigger picture, it does make sense. Exactly. We also need to see if the pump will be sustainable as well otherwise we will see another drastic and hard fall. That's why I would rather see the price not being pump very quickly. Although we haven' tested it yet because we are just trading sideways apparently, we may see that this mental barrier can be broken if we can sustain another rally. Smashing $10K is a big psychological barrier, but if we are going to break it, can we at least sustain the pump or not? That's the big question. Let's see and hope that the price can maintain at that levels. |
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Cavs are tired, Raps should blow them out tonight.
Its not gonna work like that. Maybe they're tired but that game was setting the whole team in a momentum, when you just came out from a fresh win there's no way you're gonna be blowed out. Tough win from Cavs and that monentum will continue. Once the Cavs win on game 2, it could lead to potential sweep. Remeber the Raptors didnt win a chip against Lebron in the playoffs. But yeah, this year's different. Lets just see what the outcome would be. Did you see how DeRozan and Lowry played in the 2nd half? It is like something is drumming their heart and they cannot shoot the ball anymore or even tried too. This two got a lot of coffee in their nervous system which needs to be taken out. Lebron saw that and the whole Cavs team and took the chance to win the game. They did. Raptors will need to change the gameplay and try to pass the ball more often and look for better positions to free up some space. When they are in offense, it looks like the arena gets smaller. They are crowding the paint too much unlike the Cavs did, that is why it is raining with three's. I have noticed that too. As if they are really trying so hard to win the game for themselves that's why they made a lot of mistakes and once they are double team, specially DeRozan, he will immediately pass the ball and that they already lost precious seconds which added more pressure to them to make the shot, which unfortunately didn't fall that's why Lebron and the Cavs escape with a win in their first game. I do hope that they will perform and at get the second game before going to the Cavs home turf and then steal 1 game them to bring back their home court advantage. |
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We have been waiting a long time for this, everyone is curious to what exactly is going to happen. How much are we going down, where will we find support. What will be the outcome of this.
Your impending doom prediction didn't occur, although we have been bearish for the last 3 months or so, falling to as low as $6500, its seems that the market has somewhat recovered. My 2 questions to you guys is:
- Do you have any tactic going into the crash, we might get one once the future trading starts.
For example: Going into 1 or 2 altcoins that might be good hedges against the BTC.
Last question:
- What will happen to alts?
For example: When BTC was skyrocketing towards $19k most alts were red, what do you think will happen to alts if the opposite happens? Will we see some green or red only?
Strategy for a crash if indeed it will happen is to just hold on your coin. Yes, I would agree that going to alt is a good option but the question is what alts are you going to hedge bitcoin? I don't have the exact answer for that. You have to do your own research. Again, the doom day scenario didn't occurs takes to the people who went back to the market and really believed that crypto has a lot of leg room and a good long term investment. |
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I have no experience in this matter and I think gambling is not related to the relationship and it's only about the games. and if we play the games with our friends, we need to tell them that what we have to get in the end will not disturb our friendship and it's only to have some fun with them. I guess if we can explain to them that we are playing gambling is to get fun in the games and not chase the money, I think they will understand.
Gambling and relationship is very important, just thinking ourselves and not thinking about other people that we love might affect our relationship to them. Look, if you are paying too much attention in gambling, and only spending your little time that you have to your family, you might come to a point where you are completely into gambling, the feelings of your love ones is not important to you anymore because of your addiction. It must be 80:20, 80% time for you family, and just 20% time for playing gambling. I really don't know if you can specifically divide your time like that when you are in gambling. Well, I know that is doable, because I'm doing it, but I don't know if I have that kind of percentage. I just play with every bills every month is settled or if I have save enough for rainy days. But If ever I won, it just a bonus for me. I have been in worst situation, but I still have my family as my priority and even if I gamble up to this day, our relationship is still solid and the only problem we had before is when I suddenly lost my job. But its all good now and I can still play and gamble and have my family at my side. You've shared a nice experience here on how to gamble responsibly and congrats on getting a job back! I too think that gambling will not necessarily ruin a relationship. You can even play sometimes together with your spouse making your relationship stronger. But for those who feel that gambling can be a problem for their relationship it's better to restrain from it until they can see how it can make a positive impact. Thank you mate, yes I was able to get a job back and our relationship has been stronger than ever. We always play together, (well 90% of the time), and we only play money that we can afford to lose. And I would agree that for those who partner doesn't want you to gamble anymore then you really need to stop or control yourself because it can really ruin your relationship and even break marriage. Its your choice. |
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I think gamblers have very weird mindset, they always think they are making the right decision, they are losing a lot of money and they are going for more, always thinking they can win, if they win, again they think they can win more, and they end up losing everything .
Of course you have to be motivate yourself when you are playing gambling so that you will not attract negative things while you are playing gambling, the only wrong with their mindsets is that they are still encouraging themselves to gamble for more even though they are losing because they believe that they are going to win in the next round, but the thing that they are missing out is that gambling is not easy as they thought. On the contrary, I have experience multiple trips in a casino were I was not really that motivated to gamble. But my friends keeps insisting that we go to and play. So I just go along with them, But so my surprised, I was very lucky because even the small money that I will bet bring instant profit to me. So I don't know if you really need to motivate yourself because I have seen that its not the main factor that will bring you money. Its pure luck. And this happened to me several times as well. There are days that I'm motivated and very optimistic that I'm going to win, however, I ended up on the losing side. |
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Do anyone here have any idea what's inside the revised FSA regulations though? I asked because I like to find out what's the reason behind those 7 who suddenly backs down and withdraw their intentions? Is there some kind of provision that will really hurt them in terms of profitability? Everyone want's to get on board but I can't fathom why did suddenly decided to quit and withdraw their application since crypto is blossoming in their country. I also speculate that those withdrawing doesn't have sufficient funds to cover all the investors money in case of a hack, in my opinion.
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Respect to Oladipo, he has played very well in that series.
What I see on social media is many memes about Oladipo. I think the cavaliers will not get pass the round 2, Toronto is a much improve team now and the have offense inside an out as well.
It's early to speculate until we see the series ends. I know Toronto is strong but let's don't forget on how many titles Lebron went through and Cavs as well. I'm not a fan of him. Lebron James is so experienced when it comes to do or die games and i think it really helps him in the series between the Indiana Pacers. Going into the series with Toronto Raptors, i think the latter should disposed the burnt James and the rest of the Cavaliers as early as possible because if it will go down the wire, it would favor the Cavs. His experiences taught him a lot of lessons and he'll apply it for the upcoming game tomorrow with Toronto Raptors. The feeling is intense and many are already speculating that Raptors will get the first game confidence and will win the first match while the LJ fans won't let themselves lose. Can't wait for the game tomorrow, will stop working just to watch the first game of Raptors vs Cavs. Having that said Lebron would definitely ignite the spirit of Cavs, this series. Raptors are a team to beat to be honest but let's see how will Lebron keep the cavs on track. Derozan, Ibaka and Lowry would surely be a hindrance for them and for sure they won't let this opportunity passed by again. But, as I see it Raptors has an edge in this series due to their deep lineup and a much favorable chemistry. Who knows Lebron still might have a lot of surprises under his sleeves. What we would expect from Lebron? There would be either a good play or just an another lame situation but in most cases we do see on how James do perform when hes already on the court.There would be always unexpected scenarios to happen but on this game this would really be a good one. Cavs are tired, Raps should blow them out tonight.
On what thing the Cavs team is already tired? Im not being biased but this would be a good game. Lebron has played a total of 288 minutes in that series. So he is gassed and if they are down in the first quarter they will sit him for the second and get wreaked. He is shooting 54% while all the other players on his team are shooting 34% combined! This means without him on the floor they will be losing those games. And unfortunately the Cavaliers know this with having him on the court as much as they can afford to get him out there. No doubt on that Lebron is always been the play maker and which motivates the entire team on playing at their best but in the case if hes out of the court then its one of the factor which performance is mainly affected.I know and we know that they do already prepared on that scenario,they would need to sacrifice on some of their minutes just to make a rest and thats really a gamble. James have been in this kind of situation before. He maybe tired but we know how he phased himself, great players have this kind of ability to have some reserved and then will just explode if they know they needed to step up. That's why Lebron was not injury prone, he knows the time when to take over and when to step back and just make his team mates looks better. Maybe the right word is that they are "smart". And for all we know, this game also involves mental toughness and not just physical. |
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now btc and btc grow up from bottom :btc 6800usd and eth 375 usd,do you think this is below limit and support line for eth and btc??btc pass line resistance 7200 and 7500 usd;eth pass line resistance 400 and 420 usd,btc increase more 10% and eth more 30% from bottom,liquidity seem higher normal days,everyone start buy more coin,the whole market grow up in suspect of evevryone? do you think trend down is stopped?trend recovery is avaible?i hope from now the market will strong grow up
Today's market is showing signs of positive and positive than yesterday when prices bitcoin is constantly recovering and now has recovered to $ 9100 level. According to my analysis, the bitcoin price will recover to $ 9800 today and you can buy bitcoin at this time to trade. Make specific plans to minimize and delineate the risks. At least we didn't get much lower as compare to its previous dip. So I can say that the market is slowly recovering and we might see this reversal from being bearish to bullish market now. But there's a lot of cash needed to even push the price above $9K. Yes, the next mental barrier is around $9700 and we have attempted to break it, however, the wall seems to high for now that's why we goes to another correction. Hopefully, this week we may attempt to go and break it and then $10K is next. Let's see how it goes, its just the start of the week and a lot of things can happen. |
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The reason the price is increasing is complex because it's a global market. Broadly, there is a new found enthusiasm for this thing that's been in a rut for months. Read the headlines on Coindesk and you'll start to get the pulse for the market.
Bitcoin is slowly gaining popularity that's why the price keeps increasing year-to-year. There's always interest on it, even though its been in a rut for months. And you don't need to go to Coindesk or any other crypto media outlet, just look at the price and you will see that's is gaining grounds again (although the we have a price correction.) if all bitcoins were mined it will be considered totally rare because the supply will end but the people who demand on it will continuously increase and as time passes by, the price of bitcoin may become unimaginably expensive. But I don't believe that is the only road where bitcoin goes because if we remember there are also some other factors that could affect the price of bitcoin. What I really want for bitcoin is to become stable though.
I think scarce, is the appropriate word. However, I'm sorry to burst the bubble to you that bitcoin will not be stable because the market is base on speculation. So the price will keep fluctuating whether you like it or not. |
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I was wondering if any of you knows about any groups of full time traders that are opened for new members? Maybe collaborative trading groups, or just society of dedicated people who talk about strategy. I don't mind if they ask you to verify your net worth, as I find this understandable.
I doubt that you will find traders or group of traders willing to share their secret or like a collaborative efforts. There are paid (pump-and-dump) groups but I cannot tell you how effective there are. Some of them are offering paid and premium memberships but the question remains, could they really help you or are they just gonna drain you at the end? Its better if you are going to start your journey in trading at your own pace. Of course there are up and down, along the way, but for sure you will really learn a lot from your past mistakes making you a successful trader in the future. |
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Gambling is not all about sinning. It depends on the person on how they treat it. For me, it's an entertainment where winning is just a bonus. You just test on how lucky you are or you just want to kill time.
There are other forms of entertainment without involving money. Killing time? That's the lamest excuses if you are going to gamble. In my view, the argument of gambling is a sin as per religion can be trace back in the Bible. However, as a human being we still have a choice to make, and even it is against your religion, if you see no problem gambling then I don't consider it committing a sin. It's up to us, we know what's the effect of gambling, but if you still chooses to do so then its your fault. But please stop with the gambling is a sin because of religion argument here. |
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It is very clear that Maduro has approved 16 exchanges to open soon so that their ever beloved Petro can be listed and can be trade locally or globally. As for the implications on their economy, I don't see anything will change or even improved their financial status even if they open up exchanges. As long as he is the sitting? President, the country will suffer. The only good thing though is that the population can have something to hedge their money. But what I'm afraid of is that how secure those exchanges are, I'm sure that there will be a lot of money flowing and the possibility of hackers targeting them are extremely high that might result on more sufferings if that happens.
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Lebron James is so experienced when it comes to do or die games and i think it really helps him in the series between the Indiana Pacers. Going into the series with Toronto Raptors, i think the latter should disposed the burnt James and the rest of the Cavaliers as early as possible because if it will go down the wire, it would favor the Cavs.
I agree, Lebron James is tough to beat come game 7's. He has done that many times already. Speaking how tough Lebron is in Game 7, he hasn't lost in this decade. You can read everything here. https://www.sbnation.com/2018/4/29/17293880/lebron-james-game-7-history-cavaliersAnd who will forgot how they defeated Golden State in 2016 after they are down 3-1 and eventually win the NBA trophy? As far as Toronto though, its a different team now and they have a better chance as compare to the last 2 years when the Cavs easily swept them. Besides they have the home court advantage this time and Air Canada is one of the largest and noisiest arena ever. |
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Bitcoin is in a cycle which most investors dismiss and will always recover beyond its previous peak. Bitcoin historical crashes: 2011: Bitcoin fell 94% 2013: Bitcoin fell 87% 2014: Bitcoin fell 83% 2018: Bitcoin fell 70% As you can see more MarketCap - less fell! What do you think about it? I think it is more important understand why that is the case, in theory nothing can go up forever not even bitcoin so we need to try to understand why this is happening? And in my opinion it's very simple bitcoin is a superior technology, it is also a superior store of value in it's also a superior form of currency, which is why despite the volatility the market bitcoin recovers because of the great fundamentals of it, and if we take into account that governments keep printing their fiat as much as they can then that explains why the price of bitcoin keeps recovering. I have to disagree with bitcoin as superior technology but the rest is a good reason why bitcoin has been proven that it can recover and bounce back. There are a lot of altcoins out there like ETH which has far more better technology, but bitcoin for me is more of a store of value and resulting in more people globally investing on it. Once it bottom last month, people immediately started to pour their cash because they know that in the next months or so, their investment can literally skyrocketed (store of value/form of investment). Right now we are chasing $10K, it is expected to have a resistance, but I still optimistic that it can overcome it next month. So if you just invested at the last bottom of $65xx and then the price jumps to $10K, then you have made significant profits in short amount of time. I don't think that is possible if you let your money sit in bank and getting good returns as bitcoins is offering to all of us. |
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Hey all. I live in LA and have some connections to studios/networks etc out here. Planning on putting together a pitch for a show. What are your thoughts on a hosted show on Bitcoin and crypto related events?
Here are the main questions:
What types of content would you want to see?
Everything about crypto (not just bitcoin). Latest news and updates, sort of like a magazine or something. hehehe How often? Daily, weekly?
Since crypto is very volatile, I think its better if we see some daily updates. Everyday there are hundreds of news going around, I'm sure that you will have a lot to cover even if you do it daily. What things would you prefer not be covered on the show (if any)
Those FUD's and negative publicity about crypto, specially scams and criminality. We don't need to high light those kind of things. We all know that crypto is not a bad thing, well its a disruptive technology, however I don't think that it was created to be used by criminals. |
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Houston Rockets literally crushing the Utah Jazz now. James Harden already with 17 and it's only 4:05 minutes left in the 2nd and CP3 with 14. Don't know if Jazz will able to get back as Donovan Mitchell only have 7 points and it's already on half of regulations.
Looks like Rockets will get the Game 1. Maybe Im wrong. Rockets won 85% in the series when having a double digit lead before the half. Let's see if that will be the story here.
Houston Rockets is closed to win now. I don't believed that Utah Jazz will able to shorten the lead. That will be a blowout. Better luck next game. 1st Round winners Pelicans and Jazz feel the wrath and power of no. 1 and 2 at the Western Conference.  And Houston takes Game 1. Statistically, Jazz did better that Houston, but I think the most significant factor is the three point attempt/made. And besides, it looks like that Utah is tired from the series with OKC. Another great game by Indiana, but it was not enough to overcome James and the Cavs. Victor Oladipo will be big in Indiana in the next coming years and will continue to be their main man. This is really a good year for the team and making the playoffs and hanging with the Cavs is already a accomplishment. |
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