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4981  Economy / Trading Discussion / Re: Do you use any indicators to predict Bitcoin price movement on: January 06, 2018, 05:17:13 PM
Yes, there are some applications or advice by the experts that I know; with the help of this indicators, I can make a wise decision based on the facts that I gather.
It will be a great help not just for me but to other people as well to avoid conflicts resulting to wrong decision.

I do not use any indicators to determine the future price of bitcoins or altcoins , although it is recommended to use them to better understand the outcome of future value. However if you compare it with forex, we do not find much tools here in bittrex and poloniex as they have only limited indicators.
Its not really necessary for those exchanges to put up the same indicators just like what we saw on forex because they do know that TA wont really be always effective on trading cryptos but yet they do still put up the basic indicators and some tools on putting up trend lines, support and resistance TA would really be already just fine for me. Dont need for those complicated techtools.
4982  Economy / Trading Discussion / Re: Number One Reason NOT to invest in Crypto on: January 06, 2018, 05:02:45 PM
cryptocurrency was developed bcz the current banking system was not preferred by everyone.and before investing your money in crypto's you should learn basic thing about crypto. always protect your private key or seed and keep them in offline sources.digital world is pron to hacking activity thats why always proctect your password or passphrase.
Correct, just to think off that this is just like a battlefield. You would really need to buckle up yourself to be protected which my means of setting up stronger security protection of your holdings here on crypto. Just a normal thing to keep secure of your keys,once compromised then expect you would really have a loss. If you do risk here on cryptoworld to earn money then you should know the possible things that might happen along the way.
4983  Economy / Economics / Re: Wh will happen to the banks if people uses cryptocurrencies more than fiat? on: January 05, 2018, 11:53:44 PM
Probably they'll seek a better option in order to continue, we really don't need banks and in fact Street Cleaners are the one more deserve to have a higher salary according to economics evolution website Evonomics

Banks has been here for a long time, the only thing or the possibility that might happen is that they will create their own cryptocurrency and spread it to people like paper money, just like what they are doing to newly designed printed money. If they won't join the club them maybe in a few more years they will be forgotten by the masses, not because they are not necessary but because they are left out in the revolution just like the nokia pHone back in the days.
They wont really tend to join up the club because they do really have their own view and perspective when it comes on making digital currencies rather than on accepting cryptos. They do know the risk and the possible situation would happen into their area of vicinity if they would decide to adopt cryptos. They dont like decentralized things frankly and clearly speaking thats why they would really make on their own which is centralized.
4984  Economy / Economics / Re: Best strategy to profit from crash on: January 04, 2018, 08:41:23 PM
It's just a matter of moving into tether or altcoins.

Long term, despite what Mcafee says, I think altcoins have a brighter future than bitcoin. Unless bitcoin can finally scale properly...
Im not a fan fo Mcafee or any signals that he do say and words came out from his mouth.I agree on the fact that if bitcoin wouldnt able to solve its scale issues then altcoins would really take over for sure. There would really be possibilities for that thing to happen. Moving out on altcoins when bitcoin on bearish trend is common but on general speaking we can really make profits from crash since we do know the most common rule on trading. Buy low sell high then those dip prices would be the opportunity.
4985  Economy / Service Discussion / Re: Hashflare.io is a confirmed scam now - Beware on: January 03, 2018, 09:26:45 PM
They became a scam right in that day when they removed "life-time" paid contracts

Don't give them money, better pay for asics and use collocation services
From the beginning when they do already promote about life time contract it is already considered on the start of scam. How much more that they did already put duration which would really make more any doubts. Im not surprised for what they are doing as of now which is somehow expected to happen. After the hacked people do still trust to invest and now they are experiencing problems which i do saw that they really deserve it because we've warned how many times that cloud mining investment isnt good at all.
4986  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will alts crash again ? on: January 03, 2018, 08:32:29 PM
Will altcoins crash again ?
Yes. Cyptocurrency is like a season. there is a season for red market and green market. Make sure to take the opportunity in able for you to get amazing profit.
You are right which it is really like a season there would really be pump days and dump days this is why its really very unpredictable and as a trader we should really be thankful on this very volatile market because on those such movements we can able to make money if we are knowledgeable and do know how to handle it because it is not only good for making money but also on losing money too if you do engage to it without any preparations then expect negative results.
4987  Economy / Trading Discussion / Re: your mentality after a huge loss? on: January 03, 2018, 07:52:30 PM
loss and profit is a natural thing for traders, I will keep trying although I have experienced failures and losses.

Good mentality which these loss are just normal here on trading world because we do know that market is really very unpredictable anytime which we dont even know on where it would go this is why we are really prone to commit mistakes but it doesnt mean that we would lose hope and stop once we do commit loss.I know its hard  because emotions would really set in but these things are just temporary since we can able to avoid or lessen it next time as long we do make learnings on those mistakes.
4988  Alternate cryptocurrencies / Altcoin Discussion / Re: Reality of Ripple - centralized or decentralized? on: December 31, 2017, 07:23:42 AM
Ripple has been around for years and always been in the top 5 of cryptos yet I have no idea what its purpose is.

I need to do some research into that.

All I know is it is related to banking/banks in some way.
Same thoughts which back in the past i dont really bother about that Ripple thingy on what are the things that is useful on it but as majority being said here specially to those who are really cryptoenthusiast this thing is really centralized which investors do have involvement with banks or any other centralized instutions which means price might be affected or somehow can be manipulated.
4989  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Is Binance safe to store cryptos? on: December 31, 2017, 07:04:55 AM
I think it is safe but you need to think about not safe all amount of your coin on that site because you don't know what will happen in the future. but if you only do short term trade, then I think you can save it in there and you can sell it for fast. but make sure that you verify your account especially to activate the 2fa to secure your account. after you do this, I think your account will be safe and you can trade without worry.
Having those kind of security measure would really give us confidence regarding on our account but only on short terms. If we are kind of a trader which do make positions actively then its more convenient to us to store up coins in exchange since we can able to execute orders without the hassle on transferring your money and waste up time if you do see trading or profits opportunity.
4990  Bitcoin / Legal / Re: Is Bitcoin the way to fight corruption? Or is it the good way to launder money? on: December 30, 2017, 11:50:09 PM
It depends on how you apply it. I'm dreaming of using the blockchain for election, full transparency and legitimacy.
That would be a good option too but i do believe this thing would be prone on being manipulated or fraud votes. I dont know if a certain project would able to patch up the flaws on this kind of ideas but im hoping the same thing too. Going back to topic bitcoin isnt really avoided to be used on laundering money because it is anonymous which is the perfect recipe on hiding transactions and keeping out those corrupted money.
4991  Economy / Trading Discussion / Re: Time management. on: December 29, 2017, 04:19:57 PM
time is the golden key in the life and if you are a good time manager then you will face very loss problems and in most places you will get success because of this quality while also if you are good time manager then you can become a good trader and investor in heavy market also. So try to earn time management skills and try to make a proper plan while doing trading or investing.
Time management is a part of life if you will not do your work on time so it will disturbed your life so it very important to make a time table for your work because time is money and if you will not respect time so it will also stop care of you because bitcoin is very good about time it don’t need such a big time only your little art of our time can help you in your life because bitcoin is a life changing currency and it can make you rich.
Time management is everything which it do really be needed not only on investment field but also in our own normal activities on life specially if we do engage on money making jobs. Handling your time together with your responsibilities would really be a hard stuff for us. This is why before we do engage into these things better to manage your time well if it doesnt then you would really find it hard.
4992  Alternate cryptocurrencies / Speculation (Altcoins) / Re: All my money in 1 altcoin - Too risky? on: December 29, 2017, 03:48:54 PM
Never put all your eggs in one basket. If it fails or drops 80% it will lose all your funds.
This is the hardest part on which you would really have a hard time to recover since you have invested or go all in on 1 coin which its indeed really very risky. If you decision and the price do go on what you expected then it would really also be a rewarding thing because we do all know the higher the risk the higher the profits but when price goes opposite then expect the reverse thing.
4993  Economy / Economics / Re: The Real Bitcoin according to ...... on: December 28, 2017, 07:19:49 PM
We have recently seen a increase of threads that are trying to influence people to abandon Bitcoin for the REAL Bitcoin. Have we considered for ourselves, what the REAL Bitcoin is for us and not what the REAL Bitcoin is according to other people?

~ Is Bitcoin the REAL Bitcoin because Roger Ver says so?
~ Is Bitcoin the REAL Bitcoin because Coinbase says so?
~ Is Bitcoin the REAL Bitcoin because the Lightning Network is the ultimate scaling solution?
~ Is Bitcoin the REAL Bitcoin because your local exchange accept it?
~ Is Bitcoin the REAL Bitcoin because the majority of some forum says so?
~ Is Bitcoin the REAL Bitcoin because it is more useful to you now?
~ Is Bitcoin the REAL Bitcoin because Block sizes are the only TRUE method to scale Bitcoin?

You must decide this on your own, without other people telling you what you must believe.

I will tell you WHY I believe in Bitcoin, because I am passionate about one or more aspects of the technology, but you might differ from me. I will tell you why I differ from you and things might become heated, but it is still up to you.

Decide for yourself, what is your REAL Bitcoin and respect other people's opinion on what they think their REAL Bitcoin is.


The real bitcoin for me is on those times that i read up Bitcoins whitepaper when im still a newbie back in previous years. I dont even care on other people says even on Roger ver or into those lightning network or fork groups or whatsoever. For now i do love its usage and the opportunity that it give but the thing i do hesitate now is that its true usage on whats written on the white paper is already opposing because of such high fees and slow confirmation of transactions.
4994  Economy / Marketplace / Re: "Bitcoin mining is a Big no!" on: December 28, 2017, 06:16:00 PM
Ive met some group of financial adviser, they told me that the best way to aquire bitcoin is through cloud mining, they gave me names of trusted cloud mining providers and as of my research, they are well known and trusted.
Then ive met some people, whos already earning big bucks on bitcoin, they dont recommend cloud mining. They told me that its expensive and risky, but as for my understanding its good way of gaining passive income.
What are the possible reason on thier contradiction?
Whos recommendation should i try and why?

Your team of financial advisers might be right on other suggestions they have proffered but the bold part is not the best way to earn bitcoin surely not the only way as the cloud mining section of the crypto community have been infested with scammers that to identify a legit one is gradually turning into a nightmare while when you eventually get one, you have to wait until forever to get a return.

I will be tilting towards the latter school of thought, you want to make more bitcoin buy, learn the art of trading, and then practice it as that is the only surest way.
This would be the surest part which we can able to accumulate even more bitcoin.I dont see or even bother myself to put my money on these cloud minings which have been said most of them are infested by scammers which would really give the possibility for you to lose up money.Those suggestions by those advisor is considerable but they do really miss one point which isnt really true after all.
4995  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoins that will do well in the market come 2018. on: December 28, 2017, 04:55:44 PM
XVG is the way to go for me. Despite the decrease today, the day before that, the weekly increase was near %1000. Managed to buy at the 2-3 cent price point and yesterday we saw 15 cents. After the correction now, I think the price will increase once again.
XVG give me some serious profits since as being said price is playing on this current week and price corrections do really happens and lucky for me i did able to exit before the price did able to decrease again. This coin do have potential and there still lots of coins included on my list which i do see that would make some good performance on year 2018. I would include SNOV (Snovio) on here.
4996  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is HODLINg still valid to make profits on: December 25, 2017, 01:09:24 PM
Yes it is but only applicable for few alts that has small price so that you can buy large quantity of it then sell it after a long time but those alts should have the potential to increase its price rate surely after holding it or else it might become shit coin at some point if it doesn't have that feature.
That would be the risk on buying alts this is why we should really be careful on selecting which do have potential not just carelessly buying out without any analysis or dont know on what we are doing. Hodling can really give us the chance to make money but it is somehow need some luck for us to able to choose a possible good coin that will really burst in future when it comes to price.
4997  Economy / Economics / Re: How do you see the bitcoin economy 10 years from now? on: December 25, 2017, 11:01:10 AM
Bitcoin is growing fast and everyday a lot of people takes interest in this. I too started the other day and I am very willing to invest my time here. With that said, with the drastic growth of bitcoin worldwide, how do you see the bitcoin economy 10 years from now? Thank you as always.
I think it will be more successful than it is at this moment. 10 long years will yield to huge development for Bitcoin especially on its economic aspects such as market value, community and demand. Future is bright for Bitcoin now that it id brcoming more indemand that oositively affects Bitcoin in general.
No one really knows on what would happen on next 10 years but we can somehow assume that it would really be more successful because we are already witnessing on the things that have been accomplished as of now and we wont know if it would be majorly accepted worldwide which would even give more progress to it not only on bitcoin but also on some potential altcoins in the market.
4998  Economy / Trading Discussion / Re: Do you think its the right time to sell Bitcoin ? on: December 22, 2017, 02:02:46 PM
Whenever there is a bitcoin price boom there must be a price dip as well it is called the market correction. the best idea is to sell when the price started going down and buy later when the price settled on lower price.
The market had already settled down and now we are seeing again $12k range price and i doubt it would really still go even more lower on 10k range if we do check out on chart putting up trend lines support and resistance. Im readying my funds to buy back anytime soon and for those people who did able to sell on 91-20k range then they done the best thing for securing profits.
4999  Bitcoin / Legal / Re: Why hasn't any government stopped Bitcoin? on: December 21, 2017, 05:38:29 PM
The government hasn't banned Bitcoins because they are not capable of doing that. In order to ban the possession of Bitcoins, they need to shut down the entire internet (even then they will not be able to confiscate the coins from Bitcoin users). That is why intelligent governments (such as those in Japan) legalized Bitcoin.

although the legality of bitcoin in my country isn't yet official but so far there is no government ban on use of bitcoin, and in my opinion the government can't stop bitcoin activity easily except to disconnect internet connection and it seems that it is impossible because internet usage is needed to help various business activities or other financial transactions.
Physically governments can't stop bitcoin. They are powerless. But they can go the other way. They may prohibit banks to participate in transactions on the exchange of bitcoins for Fiat. Also the ban will also apply to the crediting of funds to cards from online exchanges. This can significantly reduce the demand for bitcoin.
This thing is possible for it to be implemented but how sure they are that those transactions are just being used to bitcoin? How they would differentiate a certain transactions either on legal or crypto engagement? For sure lots of things would be affected on such changes because not all the times we can assume that every transactions are engaging into crypto.
5000  Alternate cryptocurrencies / Altcoin Discussion / Re: How to find coins with potential on: December 21, 2017, 04:50:07 PM
Currently I am doing research about altcoins.

The idea is to find out, which currencies have potential to grow and are still very easy to mine.

I already fail at finding a source for freshly released altcoins. There are several websites that list all announced coins, but it would be great to get some details about their potential. Of course I read discussion boards but my experience is that most of the comments are rubbish.

The goal would be to find coins like bitcoin in the early stage where its value was below $1.

I know it is all about luck! But I would appreciate if you could share your sources. Like blogs, discussion forms, serious news sites etc.

How do you decide which coin to mine? How do you research about coins to decide if they have potential
Comments on here are not totally rubbish since they are based on what we do experience and the thing you do ask on here on which how do we find coins that do have potential then this thing do really matter on a certain investor or trader on how he would research up things because we dont actually know and no one would able to predict coins which would potentially give us some good amount later on but somehow its manageable.
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