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1561  Economy / Speculation / Re: Bitcoin bottom could be around the corner ! interesting chart ! on: December 15, 2018, 01:43:28 PM

should this support fail then we are simply screwed  Grin.


You screwed us! The whalecumulators are always scanning this forum to find opportunities to disappoint the plebs!

Or are you sent by the whalecumulators, to start this topic, to give us hope, and only for "them" to crash the market again?

One thing i've learned that it's not really reliable to base things from historical charts anymore. That's why we're in this kind of mess since many people were expecting an upward turn since historically, charts indicate that last quarters of recent years were more bullish.
1562  Economy / Speculation / Re: Should we wait for a big drop in BTC? on: December 15, 2018, 01:11:18 PM
Some  of the people are wait for the dump of the bitcoin and big dump already happen because from near 20,000 dollars to 3000 dollars price of the bitcoin for this now and you can purchase more bitcoin as long as you want but for sure they have some or more now waiting for another big dump.

Lol. At this point, another big drop would likely send us back to the 1k levels. I don't see any reason now why people would opt to sell since they've lost a lot in this bear market already and waiting for a recovery, though it may take longer, may be the most logical option.
1563  Economy / Speculation / Re: Do you think Bitcoin price will bottom out at $3000? on: December 15, 2018, 01:07:58 PM
I think it should.

As per CMC the total Market cap is only $121 billion. If the price of Bitcoin hits $3000, then the market cap approx will be $100 billion. I may be wrong in the calculation, but it will be less to what it is now. Which means most of the short term investors and panic sellers have left the market. Those who are left are either long term holders and big whales.
The only option left for these whales is to pump the price  at $3000 level.

What do you think? will stop at $3000 level or will it go further down
We did not touch that price but I agree with your overall analysis, at some point the drop has to stop since panic sellers will no longer be in the market but the issue with such a big drop is that it creates more panic sellers as people get afraid of losing even more money with cryptocurrencies than what they have lost already but fortunately it seems that process has stopped already.

Lol. People still in the market right now have pretty much lost most of their investments. I think a lot have that all or nothing mentality already and would just opt to see where this goes. I think it's close to bottoming out now whether we bounce from 3k or go below it.
1564  Economy / Speculation / Re: $ 3400 is the lowest bottom? on: December 15, 2018, 12:59:28 PM
3200 dollars price is bottom price for the bitcoin now and I hope it will not down more because it is not good for us if they continue panic selling. We don't know what is lowest bottom before end of this year and we don't like to see very low.

Well well well. It went close to 3.1k flat today. It seems that the market is rushing a deadline towards an all time low for this year lol. Better to stop making speculations for this year because it always goes against what we expect.
1565  Economy / Speculation / Re: How to predict whales manipulation on: December 15, 2018, 12:56:45 PM
no one knows when they will buy and when they will sell, they come suddenly. if someone knows about this problem it means that the person is part of the pope's group.
Most of the whales are participate in this scenario because current scenario high margin trading is the good profitable so all the whales are buying and selling in every day. It is reflected in daily market so price manipulation is easily calculate in whales. We also have good chance to buying and selling  in crypto investment.

Unless you know someone or you're part of a group of people with enough bitcoins to sway the market, you'll never know. It'll always be beyond us regular traders and investors. You'll only get frustrated thinking about it.
1566  Economy / Speculation / Re: Next Bubble on: December 15, 2018, 12:54:39 PM
I don't know when the next bubble will be but if we keep thinking about the price increases as "bubbles" than we are not going to be better off next time it happens.

But it will be another bubble.

The only time it may stop being a bubble is when a large enough number of people own it, understand it and actually use it. If a big enough proportion of people were using it as a savings vehicle and/or currency they would massively outweigh the speculators.

As it stands 95% or more of people involved are interested in it for its future prospects, not today's, and that makes them speculators.

Right. At it's current state, btc will be a bubble that inflates and deflates repeatedly over time. I don't think people will be seeing it as something they can use consistently in transactions while the price goes up and down.
1567  Economy / Gambling discussion / Re: A proven way to make money from gambling - what's your opinion about this? on: December 14, 2018, 05:43:19 PM
Your title is completely misleading.

This isn't a proven way to win, this is just betting at low odds, which is probably the worse possible way of gambling... You're sur to win only a veeeeeeeery tiny amount of money when winning, and you lose it all if the horse gets to win...

Right. And i probably wouldn't have the patience for this tactic. Why gamble at all then? You take away the excitement by playing a little bit too safe that you compromise a lot of things that make gambling fun.
1568  Economy / Gambling discussion / Re: 2019 NBA Pre-Season on: December 14, 2018, 05:40:43 PM
Almost a win against the Houston Rockets but suddenly Harden became a Hollywood actor again and the referees bit the trap that he planted.
A lot of wrong calls had been made and suddenly the Lakers are at panic on the last minutes of the 4th quarter. It is all Harden afterwards and he got another triple double.

Harden got lot of victims on that soft acting even right from the 1st quarter. Clearly most calls are wrong. I seldom noticed refs doing a shitty call but on this game they are.. well never mind.

On the other hand, Harden did some spectacular job on this night's game. A monster performance of 50 big points alongside with double-double stats forming his 4th 50+ pts. triple double on his career. This kind of record is difficult to achieved and only 6 NBA players did that including him.

Well you get brakes like that when you're a superstar so i don't blame it on harden. And yeah, it was his night and sadly the lakers were on the losing end of him making history. Still a long way to go though and they're still in a very good position to make it to the next round.
1569  Economy / Trading Discussion / Re: I regret that i entered trading too late on: December 14, 2018, 05:37:23 PM
No, I'm not sorry about that. I came to this market at the right time, but unfortunately without experience. I would not want to be a trader before the advent of cryptocurrency. I like what I'm doing.
Well yes it might not be the start of the business but it definitely is the chance you have to stay in the business and the more you take time in the business, the more you get chances to make money which is not impossible and has happened before.
many people do not have an awareness of business that only runs flat and full of uncertainty, they only realize and regret that if the crypto market is able to develop so far and feel late because previously it was only a passive observer

my principle is if the market still has a great interest from traders, then profits will still be sought.

Interests come in bursts. Like what happened in 2017. Though there would often be backlashes like  what we're experiencing now. If it's your first time to invest in crypto, then you're fortunate that you're not at a loss at this point and it can only get better from here.
1570  Economy / Trading Discussion / Re: Which is better option for trading Bitcoin or stocks ? on: December 14, 2018, 05:34:31 PM
The answer varies on the amount of risk you want to take. Trading crypto currencies is high risk as portfolio managers rate crypto currencies while trading stocks is low risk as you are dealing with real companies that are already established and running. Price movement in stocks are not a big compared to crypto currencies which can go down as much as 40% in a day or even higher.

High risk indeed but as they say, the higher the risk, the higher the profit. And crypto definitely is more exciting for active traders than stocks. So depends on what kind of person you are when it comes to taking risks.
1571  Economy / Trading Discussion / Re: HODL is not advisable! on: December 14, 2018, 05:31:54 PM
I agree with your opinion. according to me holding for a long time will not make us earn big income. and will waste a lot of time when you hold too long. in trade we must take advantage of the time and opportunities that exist. for me daily trading is better than just holding for a long time. by doing daily trading, we will earn little by little, but will continue if we can take advantage of the ups and downs of the market.

Tell me then how will you day trade if the market is consistently on a downward movement? And if that movement takes a long time? Sometimes we're left with very few choices and the best among them would be to just stay with your coins.
1572  Economy / Trading Discussion / Re: Will the bull run return this December? on: December 14, 2018, 05:29:57 PM
in December it still seems uncertain for a bull run, I am optimistic that the bull run can be in the best position in 2019 and this will be a real increase from crypto
end of year we will not set bull run.maybe we will wait this moment come longer than predicted.but when this moment come, we will get much money.

There you go again with that much money talk. Not everyone profits from bull runs since this is when greed kicks in. And i doubt you're expectations will be fulfilled much like what happened this year. A bull run may be quite far from happening.
1573  Economy / Trading Discussion / Re: Bitcoin & Ethereum Drop 3% on: December 14, 2018, 05:19:42 PM
Bitcoin and Ethereum seems have big drop this year 2018. Both of them are now fully drop and the price of bitcoin might drop to $2500 and ethereum might drop to $50 and it is really bad. The dropping is still happening right now I hope it will stop now.

If it dropped to that low then perhaps there will be a bull run. Whales would see that as a perfect time to hoard coins and the price may quickly drive upwards. But i don't think it's going to go there. Too low.
1574  Economy / Trading Discussion / Re: Holiday Crisis on: December 14, 2018, 05:17:29 PM
With this statements, do we expect more Bitcoin crashes before this year will end? I hope not as what is the point of selling it low just to enjoy the holidays? Hopefully that mostly will just hold as next year might be really different from this year as many expected that 2019 its a brand new year for the Bitcoin users towards prosperity.

Exactly. It doesn't make any sense to sell now even if you're panicking. I'm sure at this point, our portfolios are more than 50 percent down, at least. Selling just because of the holiday doesn't seem to be a logical idea considering the losses you're going to have.
1575  Economy / Trading Discussion / Re: Are you making money in this bear market? on: December 14, 2018, 05:02:17 PM
No i am holding and dont want sell my tokens at this prices hope we would see some green and market do comeback we would see that bull finaly its already 1 year we are in bear only.


Well i think most of who are left are not given much choice but to hold lol. I don't want to risk making mistakes trading in a bear market when the movement is more on the downward trend.
1576  Economy / Trading Discussion / Re: Where is the best place to sell a high amount of bitcoin? $150M on: December 14, 2018, 04:56:36 PM
if i have 150 million usd worth of bitcoin, where can i sell them without the risk of getting killed or kidnapped, what should i do? or where should i sell them.
any trusted source?

If you are in Europe or could travel for the transaction, then one of the most trusted (founded 2013) is https://www.bitcoinsuisse.ch/

They run family office and OTC desk, if you need an introduction, then PM me.

/KX
This might put the seller either be Killed or Kidnapped because he/she will face the family or appear in OTC desk. I will suggest that 150 Million usd worth of bitcoin is pretty much, the services of an escrow will be helpful for security reasons.

Lol. Anyone would tell you not to place an order that big in one exchange. Or even if you're going to buy from an actual person. That's too big and you'd attract attention from a lot of people probably including your government.
1577  Economy / Trading Discussion / Re: Journey from gambling to trading on: December 14, 2018, 04:53:41 PM
When i started trading i didn't know about money management , risk to reward , psychology and many things
I was just putting money and watching that i would make profit after some days i made a huge loss and i knew after losing that i was gambling
now i am have learnt many things about trading and now making little profits
My last saying is never put your hard earned money in to market before learning , it will take lot of time and effort to make profits, 1st learn then earn don't c profits while learning     

I agree with you and I must say that is my biggest mistake when start trading 2 years a go. Not good experience but it will give you big picture about market and how it works. The second learning I get from my mistakes is trust with others people that I don't know. Always trust your skill and never do the same mistakes.
Yes.Once you get into trading,make sure that you are knowledgeable already about how the market moves so you won't see yourself losing in the end.Atleast you have some experiences before entering into the real field of trading.Because in trading,you cannot always expect gaining profits just like gambling.But more likely it's still better to engage in trading because you still have more chances of winning rather than losing.

Well losing money is always part of the process for trading whether it's crypto or stocks. You can be an efficient trader unless yoy go through all that. And trading is always closely similar to gsmbling for beginners until you gain enough experience and knowledge.
1578  Economy / Trading Discussion / Re: HODL IS THE BEST OPTION FOR ME NOW on: December 14, 2018, 04:23:39 PM
hold is still the best choice rather than having to sell at a low price, because now the price position is not stable and you can be in a position to hold until the profit asset
Our market situation is a big challenge for everyone,  not all the time we've been all through into holding especially when knew that a certain coin won't have any chance to grow.  Of course we look into better opportunity and for me,  I sell it and invest into other coins.

That's another option. You can sell at a loss if you think other coins will make up for the losses you got with btc. Though you're not sure witht that as well. Holding may be tough since there are times when you need to hold longer than you can afford to but sometimes there are no better alternative.
1579  Economy / Trading Discussion / Re: Quit cryptocurrency trading its not for you! on: December 14, 2018, 04:17:52 PM
I don't see any reason why I should quit, the market can never be red for ever, whatever that goes up must surely come down

Let the guys who do not believe in the cryptocurrency leave the market. They do not invest much and only leave here fake facts and spam - it affects negatively people, especially, beginners.

Right. Noone's forcing anyone to stay in a bear market. They're free to sell at a loss anytime and whine about it afterwards. Certain attributes i think are needed to be efficient in crypto and patience ranks high among other traits.
1580  Economy / Trading Discussion / Re: Bitcoin trading or other business what do you choose? on: December 14, 2018, 04:14:26 PM
between business with bitcoin trading, in my opinion these are two different things. it doesn't need to be an option for one of them, even you can make both of them a way to make a profit

If you have already some business and get money, you can invest a bit in Bitcoin and some tokens. When you have some free time, you can trade. However, choose long-term trading.
Bitcoin investment is a good choice for this scenario, But without experience no one is earn good profit so we must gain some knowledge and observe the market condition is the right choice. In crypto platform long term investment is the best place so we will join this investment at anytime, I hope next year is the best place in Bitcoin trading.

Well take this current situation for example. If you don't have any alternative form of income, you're in deep trouble when the market drops constantly. Little profit may be made of course but it can easily be gone the next day. I'd prefer consistency if i have to choose between the two.
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