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1  Economy / Speculation / Re: It's over $9000! on: January 29, 2020, 01:08:18 PM
And the better news is that $9,200 was a very easy thing to break down. Bitcoin moved past that resistance as if it is nothing really. I am seeing a $10,000 one of these days. I can feel the horns already.
with the increase so far we will certainly see $10k sooner, if I look at this chart it is a bullish signal. is this also an effect when halving gets closer and it will go to $15k?
Let's probably leave the $15,000 possibility aside for a while because that is quite a long target. $10,000 before halving is pretty much moderate and more probable. Or even $12,000. But I hope Bitcoin surprises us, just like what it has been doing ever since, and give us that $15,000 before May.
I am waiting when bitcoin on $15,000 will make altcoin keep following of bitcoin price or not, I am glad if bitcoin can back to higher price because still holding many kinds of altcoin assets and give me big chance when bitcoin have raising to higher price keep profitable get altcoin on the top price.
just need to wait for bitcoin price to stable after an increase, I'm sure altcoins will follow it. but of course when bitcoin is uptrend altcoins will not follow simultaneously.
I hope bitcoin doesn't rise too fast to $15k, because it will be difficult for an altcoin to follow it. I also hold some altcoins in my bag.

I also have a good amount of altcoins in my bag. I know that a very strong Bitcoin rally will really push them down but I would say let Bitcoin be Bitcoin and dominate the market. If possible, break even that $15,000. I know that when correction comes, the altcoins will have their turn of bullish trend.
2  Economy / Speculation / Re: It's over $9000! on: January 29, 2020, 04:21:02 AM
And the better news is that $9,200 was a very easy thing to break down. Bitcoin moved past that resistance as if it is nothing really. I am seeing a $10,000 one of these days. I can feel the horns already.
with the increase so far we will certainly see $10k sooner, if I look at this chart it is a bullish signal. is this also an effect when halving gets closer and it will go to $15k?

Let's probably leave the $15,000 possibility aside for a while because that is quite a long target. $10,000 before halving is pretty much moderate and more probable. Or even $12,000. But I hope Bitcoin surprises us, just like what it has been doing ever since, and give us that $15,000 before May.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Top 5 cryptocurrencies to invest in 2020 on: January 29, 2020, 03:38:29 AM
I think ripple XRP is a good option to choose for investment. others like BAT, EOS, Cardano,Doge & Trx is also good choice. You can look at their historical values & demand & supply in the crypto market.
Ripple is not even a good choice as it has multi billions pre mined coin will be dumped to the market. Doge, EOS and TRX are not good coin anymore as they have their own problems and these problem will never be fixed. It's better if we can choose another coin which was having a fully working product. Just put your eyes into the product that can generate revenue to the project and that's more than enough to call if such project is really worth to invest.

What you call not good, ironically, are still consistently on the top. Regardless of some of their questionable features, problems, and competition, they still managed to earn the trust of many in the crypto world. They also earned the trust of their partners. If this is so, I would also put my trust on them. Ripple is still one of my chosen altcoin.
4  Economy / Speculation / Re: Bitcoin halving. on: January 29, 2020, 03:11:15 AM
Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?


BTCCheersBTC

Halving is supposed to be for the limitation of mining rewards. This is the same with the actual mining of precious metals and stones. The longer the mining is being done, the scarcer the reward goes because there is only limited resources. Just like Bitcoin, there are limited number of Bitcoins to be mined. Due to this, the value will also grow because of scarcity. This is in theory. In reality, the price is still determined by the public.

Well the public seems to be interested only in what happens to the price before and after this event takes place. More than understanding how and why it happens, a lot us prefer to look at previous halvings and make up speculation that compare this year's and the ones that took place in 2016 and 2012. Though you've put it quite simply there dude.

If the public is interested in the price that could be brought due to halving, there is a possibility that they will choose to HODL instead of sell their Bitcoin. It is because they believe that halving will bring some nice pumps. Especially if they compare the upcoming halving with the previous halvings, they might believe that there is price increase due to it. And as a result, if the majority has the same mindset, there will be a price increase. They're the public after all.
5  Economy / Speculation / Re: It's over $9000! on: January 29, 2020, 02:46:57 AM
And the better news is that $9,200 was a very easy thing to break down. Bitcoin moved past that resistance as if it is nothing really. I am seeing a $10,000 one of these days. I can feel the horns already.
6  Economy / Speculation / Re: Bitcoin halving. on: January 28, 2020, 08:22:53 AM
Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?


BTCCheersBTC

Halving is supposed to be for the limitation of mining rewards. This is the same with the actual mining of precious metals and stones. The longer the mining is being done, the scarcer the reward goes because there is only limited resources. Just like Bitcoin, there are limited number of Bitcoins to be mined. Due to this, the value will also grow because of scarcity. This is in theory. In reality, the price is still determined by the public.
7  Economy / Economics / Re: New York City Stores Must Accept Cash Council Says on: January 28, 2020, 05:55:38 AM
Cash is indeed convenient to use. And it will stay for a long while before it is totally replaced with online payments and digital currencies. But does it have to be made into an explicit policy stating that stores must accept them? Do stores not have the right or the preference to accept any kind of payment for as long as they are legal?
8  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will the Stellar Price Gear up in 2020? on: January 28, 2020, 05:34:31 AM
Well!! Did you know?

Stellar seems to be one of the unique cryptocurrencies that handled to survive the crypto winter. WalletInvestor predicts stellar price prediction the price will trade at $0.0165 by the end of 2020.

Let me know your point of view on this?

Stellar (XLM) will reach $0.0165? How come? Stellar (XLM) is already $0.05 as of the moment. Do you mean $0.1? If that is what you mean, Stella (XLM) will definitely surpass that.
It must be $0.1 what he wants to say. The following was written in the mentioned article and there is nothing about this price:
Quote
Stellar Price Prediction 2020
By analyzing the current performance, we can observe that XLM might get over 120% in the course of 2020, reaching the maximal price of $0.60 by the end of the year. Moreover, Google predicts $50 per one XLM unit in 2020, which is more than enthusiastic at this point.

However, opinions are divided, so few experts predict that XLM will only get closer to its previously set record price by reaching the value of $0.70 by the end of 2020. This was the earlier assumption.

Now, the news of Stellar burning 55 million of tokens broke out. The Experts predict price may increase by 50 to 60 percent by end of 2020.

$0.1 as a target for Stellar (XLM) for the rest of 2020 is very low. It is a very soft target which Stellar (XLM) may even reach before the first half of the year will end. I am thinking of a higher target for Stellar (XLM) until December of 2020. How about x3 to x5 for it?
9  Economy / Speculation / Re: Short term bullish run is now over, and it was most likely a failed rally on: January 28, 2020, 05:12:40 AM
While you are spreading FUD and call it a failed rally, Bitcoin continued to break resistance and shoot high.

Bitcoin has successfully shattered $9,000. We are now on our way to a 5-digit price. There is only success in sight for Bitcoin.
10  Economy / Goods / Re: Art sold for less than 1c on LN on: January 27, 2020, 10:41:42 AM
Nice transaction. LN is slowly getting traction. Very soon, it will really be put into use in such transactions as buying a cup of coffee.

By the way, why is the art only priced very cheap at 37 Sats? Huh
11  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will the Stellar Price Gear up in 2020? on: January 27, 2020, 10:12:40 AM
Well!! Did you know?

Stellar seems to be one of the unique cryptocurrencies that handled to survive the crypto winter. WalletInvestor predicts stellar price prediction the price will trade at $0.0165 by the end of 2020.

Let me know your point of view on this?

Stellar (XLM) will reach $0.0165? How come? Stellar (XLM) is already $0.05 as of the moment. Do you mean $0.1? If that is what you mean, Stella (XLM) will definitely surpass that.
12  Bitcoin / Bitcoin Discussion / Re: Why people debate so much about BTC value? on: January 27, 2020, 07:23:05 AM
Like it or hate it, but majority of people are just holding bitcoin for profit, and there's nothing wrong there.

There is something wrong in there if people will only hodl Bitcoin for profit. That would defeat the very purpose of Satoshi creating Bitcoin. Please don't misunderstand me, I hodl Bitcoin myself. But I am also looking for ways to use it as it is, a currency.
13  Bitcoin / Bitcoin Discussion / Re: Air, Water, Bitcoin on: January 27, 2020, 07:02:26 AM
Bitcoin is of course a genius creation but putting it alongside air and water is too much exaggeration. Bitcoin is just a product of an era of circumstances unique to a certain age. Sooner or later, Bitcoin will pass and another one will take over. That is always the cycle of human civilization.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance Chain or Binance DEX hype is gone! on: January 26, 2020, 09:13:12 AM
I remember last year, everyone was so hyped about the Binance DEX! Any project goes for Binance chain got huge pumped and price to become very high! Many good projects kept migrating from Ethereum to Binance blockchain! Even people started saying that Binance chain will be bigger than the Ethereum network at the end of 2019! What happened then? Right now, there is no hype for Binance chain and many coins have shit volume in Binance DEX! Do you think any other chain can overtake the giant Ethereum Network?

That is what happens when everything is pure hype. Binance chain will never be able to beat Ethereum network. Binance DEX has a future though because we have a very limited number of DEXes right now. People want DEX over centralized exchanges but it seems the unattractive volume of DEXes is the main reason why it cannot move forward.
15  Economy / Speculation / Re: [2020-01-25] Can Bitcoin Price Hit $424,000 Sometime in Late 2021? on: January 26, 2020, 08:52:42 AM
While I believe Bitcoin is still the wild wild west until now, I don't think it is possible for its price to climb as high as that next year. I don't even believe that Bitcoin will reach $100,000 3 years from now.
16  Economy / Marketplace / Re: Sell good for BTC when price is unknown yet on: January 26, 2020, 05:39:14 AM
This deal might have already been settled?

If not, I guess a transaction will be finalized first before funds and goods are actually sent. The full payable amount in BTC will be agreed before the buyer will send the full payment through a trusted escrow agreed by both parties. There may actually be no need for an advance.

I had proposed a price in BTC based on the best estimate of the cost of the product + cost of shipping + my own service fee, and I would have covered any unexpected variation. I had found an escrow and wrote an agreement in which the buyer would have covered the escrow fee, Bitcoin network transaction fees, and any custom tax in his country.

The buyer did not go forward with the deal after that point.

That deal sounds fair to me. But there must be a good reason for the other party to consider not proceeding.

Anyway, my response came a bit late.
17  Economy / Speculation / Re: Start buying on: January 26, 2020, 05:21:37 AM
I hope dip is not more than now, maybe if price start to be in up trend it will be good. If people late to buy, maybe it is their mistake to miss the train. Or maybe they still can make advantage from it with buy and sell in right time.
currently the price of Bitcoin is still stuck in support, it looks like in a few days it will enter the accumulation, if the price of Bitcoin under $ 8000 you should go, it will be very risky if you enter
I think you are right, if support passed again, maybe bitcoin price will need more time to get back. But just hope that thing not happen and accumulate phase is already started, so people who bought in cheap price can take big profit from it.

On the contrary, if the price of Bitcoin will get back to $7,000, buy a lot as it will definitely bounce back real quick. We still have a better news coming in the implementation of halving. It cannot go lower than $7,000.
18  Economy / Marketplace / Re: Sell good for BTC when price is unknown yet on: January 26, 2020, 04:52:26 AM
This deal might have already been settled?

If not, I guess a transaction will be finalized first before funds and goods are actually sent. The full payable amount in BTC will be agreed before the buyer will send the full payment through a trusted escrow agreed by both parties. There may actually be no need for an advance.
19  Bitcoin / Wallet software / Re: How to Protect Your Crypto Wallet if Someone Searches Your Phone? on: January 25, 2020, 11:02:18 AM
Is this even legal? Can you refuse to give your phone to law enforcement? How can you protect your cryptocurrency wallet?

If the authorities are the ones who will ask you your phone, I guess you can refuse to give it to them. But if they have a search warrant or a court order for you to surrender your phone, then you cannot refuse it. Refusal means something like obstruction of justice or not cooperating to a lawful search or investigation. So the best way to safe keep your important information is not to store them in your phone.

That would be the case but we don't need to worry if we don't have any case since for sure we are still safe, but I don't think it's safe to store the details on our wallet and best to separate it the more safer place like putting it on desktop or maybe send it to another mail where people cannot reach it up.
Mails can usually prove dangerous in case of storing our wallet backups as mails could be leaked and it would directly endanger our wallets. Most secure way to store our cryptocurrencies is on offline storage so that they would always be safe. We can use only the amount we use for maybe trading or anything similar and store rest in our offline storage.

It is not necessary for the authorities to know our involvement in the cryptocurrencies or the blockchain technology as it might case some legal problems as involvement in cryptocurrencies is not yet legalized by most of the countries and it might seem like an illegal act so it is better we hide it from them.

Mails should never be an option for storing something very important as your backup file, PIN, or passwords, and other information. Offline storage is the best. And it should also be stored somewhere that could not easily catch the eye of anyone.

We do not necessarily have to hide our crypto involvement. In fact, we should begin to get out into the open and start showing support to crypto. But that should be limited to advocacy, or educating and informing people about Bitcoin and blockchain, but not about giving hints on your portfolio or wallets or Bitcoin holdings.
20  Economy / Speculation / Re: Bitcoin will be main currency during WW III, and back to $20k ? on: January 25, 2020, 10:23:29 AM
Things are back on track and all predictions mentioned by OP went wrong, as neither we have WW nor bitcoin went to 20k$. If bitcoin has to come to mainstream payment scenario then there is only one way for that and that is increase the adoption rate.

Exactly. Adoption is the one and only thing that will make Bitcoin greater than it is right now. Whatever rise of the price of Bitcoin due to some violent events around the world and the possibility of huge wars and other chaotic developments should not be appreciated. Its growth due to people having no or very few other options to turn to except Bitcoin does not mean Bitcoin is really great. It could only mean Bitcoin is a safe option against fiat but if only there is something else other than Bitcoin it would not be an option.
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