I am about to say the same thing just reading the post above. This really looks like the risky binary options trading to me the main difference is that instead of forex what we have here is Bitcoin. I am not really an expert in binary options but my take is that it is more of a gamble rather than investing or trading but for people who like to experience higher rewards despite the higher risks then this can be the best platform for them. I already read a post on BTC Seer but I never know until now how the product work. I do hope OP has some special techniques and strategies to beat the house in BTC Seer...we would be happy to hear of them, please.

I do believe that Bakkt is a good platform offering a good way for institutional investors to get into the Bitcoin thing as easy as they can but there's  seem to be some objection with its Bitcoin-settled feature especially with those who do not want to deal with Bitcoin directly. But then again, it is not yet one month since its introduction so let's give this platform some time to prove itself. Maybe by 2020 we can already see how things are going and whether Bakkt can be able to survive the realities of the marketplace. We are now moving past Bakkt anyway and looking forward to the 2020 halving so hypes will soon be building on for that so much so that the recent ETF rejection was just muted and gone unnoticed.

As a lesser known cryptocurrency exchange, I would love to know more on this platform. Please tell me more on its many salient features that can be at par (and can not be found) with your competitors. Aside from that, I am curious to know of the security measures this exchange is taking so as not to be part of the victim of hacking statistics. While the crypto-exchange industry is already crowded, we are always looking for innovations and who knows...Bitlocus might have what we are looking for.

Honestly though, I don't like the name Bitlocus because it sounds to me like "locust" a beautiful creature but can be a pest to many farmers though many chickens love to chase them away and eat (full of digestible protein and nutrients I guess). At any rate, I am wishing you guys the best for your business.

That this decentralized exchange is just using the name of John McAfee for marketing and goodwill reasons is quite probable. I actually don't understand why a person like John who has enough resources at his hand, who can hire the best people in the industry and who can easily tap the best technologies around is allowing a cheap exchange like this to debut on the market.

Of course, this is still early to tell whether this DEX can be viable or not but always first impression last and if I were to open my own exchange bearing my name I won't allow craps to be shown to all the world...that would be a big shame on my part and reputation. Anyway, I am still wishing this platform a lot of luck and more power. At least, the man is keeping his promise of dealing with centralized exzchanges and he is doing it here introducing his DEX.

So we have John McAfee going from his "DICK" to his own DEX. Hurrah to you John, you're may man!

I would be tickled thinking the three but the last one is really amazing and quite interesting. It is easy to assume, using this narrative, that the government (or rather some personalities working for the government) found out that it is impossible to shut down a decentralized network like Bitcoin but still thanks to the government anyway that unlike China it did not ban the many cryptocurrency exchanges and other crypto-related businesses based in the USA though it is getting stricter everyday and regulatory measures are getting burdensome...the many prices to pay in doing business with the top economy.

No government can ever do against Bitcoin but they can make trading, ownership and doing business with cryptocurrency so difficult if not impossible. As a disruption with the traditional financial and economic system, Bitcoin will naturally attract enemies specially with the regulators and politicians (old guards of the palace). This where the role of the government can be so critical relative to goal of a more widespread use and adoption of Bitcoin.

There now existing programs utilizing AI for trading purposes. However, it must be noted that using AI-powered trading bots does not mean that risks are not eliminated. Just like ordinary manual trading, using software even if already utilizing the best and the latest Artificial Intelligence and Augmented Reality technologies will not guarantee a risk-free and all-profit operation. I know of the same software being used in forex trading and I think some are getting good results but there are days when drawdown can happen. I heard one or two mention of AI-enabled software for cryptocurrency trading but I did not take  look because some are just hyping especially those affiliates who got interest in every sale they can make.

The bottom line here is this concern: Will the software or program produce net profit in a full month's use and if it does then it is good. Again, there are many scammers and frauds out there and I am sure there are those peddling hyped and ineffective programs so we really have to be careful because it is our hard-earned money at stake.

Zimbabwe is actually one of the most popular countries in the African region that is doing well with Bitcoin and people here are using the cryptocurrency to protect the money they have as inflation is eating its value. Now, I am not saying that majority of the population in Zimbabwe is into Bitcoin that can be impossible and a country no matter how poor its economy will always have some percentage of the population who can afford things or have the resources that can tap into cryptocurrency. And I think this is the beauty and advantage of Bitcoin both as a currency and a store of value.

I am sharing with you here three of good articles/news that explained more on the situation in Zimbabwe and the use of Bitcoin in that country:

Zimbabwe banned the US dollar from being used so local bitcoin demand is soaring again

Bitcoin For Sale at $50,000 in Zimbabwe

Bitcoin Fills Liquidity Gaps as New Zimbabwe Currency Flounders

One thing is sure here, the government is finding it hard to stop Bitcoin even if it is not recognizing the cryptocurrency and without the presence of a centralized crypto exchange...people can be doing P2P trading instead. Zimbabwe to me then is an inspiration to all of us who can always be complaining of the lack of infrastructure available at our means.

Yes, I remember those days when the much-sought approval of an ETF is considered to be something that can save Bitcoin from the hands of the bears. Together with Bakkt, ETF is supposed to be the platform where institutional money can come in and be a part of the Bitcoin bandwagon without them directly owning one. Unfortunately, the same problems (like manipulations & wash trading) before are still with us today and so SEC has no other better recourse of action than deciding against it.

Definitely, it is not yet the time for ETF. With the way the market poured cold ICE-water into the recent Bakkt introduction, I would not be surprised if the same reception can also happen to ETF in case an application was approved by SEC. That would have been a big disaster. Good thing that Bitcoin does not mind at all and seems oblivious to the ETF thing and this can mean that we are already beyond the ETF hypes and hopefully soon we can also shake away the Bakkt hang-over.

I made a mistake in thinking that somehow Binance has opened back an operation in China when what they are doing is just to open their doors for Chinese to do P2P trading. I am sure that Binance has sought some clearance with this from officials of China government otherwise they can be sued for accepting business from China citizens akin to what US is prone to do once a US citizen can be involved in doing business with a platform not allowed to. Just wondering how taxes of the revenue/transaction can be handled with this arrangement...this is really an interesting development worth watching.

I am sure that the UN is staffed by people who are open to innovations and changes that can bring in more empowerment to the people hence I am not surprised at all when they are very much excited and seems to be ready to things related to blockchain and crytpcurrency and they are now exploring the many ways and means that they can get the benefits and advantages of these intertwined technologies as they carry their mandate through the world especially in developing and emerging countries.

With less interest to protect, agencies under UN can easily assimilate and integrate new technologies (blockchain, cryptocurrency) as there is less politics in the agency and they have nothing to be afraid with transparency. In case we can be able to support the UN fund then it would be helping them a lot. Let's see how UN can be able to use these technologies for the good of mankind.

I do believe in the ideals of Bitcoin and yes it should not be taken as a quick-rich-scheme as we are only sending the message to other people that we are involved in a ponzi scheme. Bitcoin is representing a huge paradigm shift...a chance for us to reclaim the power we lost to institutions and the government. Yes, Bitcoin is not perfect and this is quite expected as we are also living in an imperfect world but Bitcoin is evolving and many developments are currently being tested and done to make the ecosystem much more resilient and more innovative in many aspects. As asset and currency, Bitcoin has been a source of great amazement for the many since 10 years ago as its value continued to make a rampage all over the market even with its well-known extreme volatility at times.

I have never looked into this revelation of yours. Anyway, in case it is true that the reward cycle repeats itself every 256 years I am thinking that it can be something I will not be concerned about as that can be a long, long, long way into the future. The number 2140 rings a bell a lot in many posts online because that can be the time when mining rewards can be gone and that is around 120 years from today. Now, I am sure that nobody can ever remember me at that time except maybe if this forum will still be existing and that accounts from the past are not deleted for any reason. Maybe we should be asking the real Satoshi Nakamoto wherever he can be why he made this mistake.

The original Libra has not yet been out of the regulatory woods and therefore could not guarantee that it will eventually be able to open its doors come 2020 and yet here we are offered a fork of Libra called as OpenLibra. How creative! How magnificent! I always value innovations and I admire people who are always looking towards introducing good changes but I am making an exemption with this one. Do we really need this OpenLibra and how will regulators will be reacting into this project? Personally, this is already bordering on a big joke. Please forgive me but I don't like this one...okay I know they don't need my approval for OpenLibra so I am just expressing my opinion here. Will there also be a second fork called as ClosedLibra?

Just one answer: We can be greedy too. I mean, we are concentrated on "What's-in-it-for-me" or what we can get so that we are already blinded and already biased to the concern on whether the project can be real or legit or NOT. This syndrome is quite true with people who have the propensity to promote anything that comes their way disregarding the basic vetting system and then when we learned that the project has turned into a big scam that is when we express our honest opinion about it. This is actually sad because we are becoming like an "accomplice" to the crime, so to speak by promoting it to our circle of influence. Study any scam and this story is repeated in there again and again. One of the reasons why some scams can take time to get weeded out is because there are people who are endorsing the scam to their friends just to get referral bonus and other incentives. When are promoting a scam, we are actually NOT helping this industry move forward and be elevated to  higher level.

I understand what you are hinting at. When we allow ourselves to be taken as cheap and be enticed with just colorful and tasty-looking "lollipops" then eventually that is what we will get. Due to an ever-growing number of bounty hunters, some projects do not consider the hard work that these people are contributing for their promotions and so many are so willing to accept breadcrumbs on the floor. Well, maybe these people have nothing to do so they are so willing to get anything that is offered to them especially with respect to the social media campaigns where any rank can get in and be a part of. As the platform of ICO had already collapsed and the IEO not really taking a dramatic take-off, we are in dire need of good projects to support with and promote which we hope can also give us a good rate of return for our efforts.

Market sentiments can easily be changing according to the many developments affecting the market. There is a cycle for this. Usually when people are starting to feel that Bitcoin can go dip, the sentiment can also go low which is kinda like a self-fulfilling prophecy and when there is a small jump in the price things can get rosy and exciting. I am then wondering, does the sentiment influence Bitcoin or does Bitcoin influence the sentiment? Well, that is how complex the dynamics in the market can be and with Bitcoin always holding some surprises in its sleeves I would not wonder if our predictions and projections may not perfectly come true which can lead us to get shocked or just be amazed.

Thanks a lot @mikeywith for taking the time to post this amazing analysis here. I am not actually technically-gifted person but your post seems easy to catch up. I am expecting that by next month Bitcoin can try to break the $9900 level and from thereon until the end of December we can be moving sideways. Do you think that can be possible based on your charts?

People in the world of cryptocurrency especially those interested with Bitcoin are happy and ecstatic to realize that their favorite coin made a good pump and is now hovering at around $8,500 which I did not see coming because I assumed that it will be moving sideways in the vicinity of $8,100-$8,200. Those who bought their Bitcoin when it dipped to $7,700+ are now thinking if it is more advantageous to convert them to USDT take some profits and wait some more time for another dip.

I am taking a good quote here from an analysis: "On October 7, the Bitcoin price made a rapid upward move from $7700 to $8300. On October 9, cryptocurrency analyst @D4rkEnergYYY identified a bull flag in the BTC price, which is a bullish pattern. Furthermore, since this pattern allowed the upward move from October 7, it is very likely to act as a continuation pattern. The potential target following a breakout from this move is found at $8600."

Do you agree that maybe today or tomorrow Bitcoin can get past the $8,600 territory and maybe head on towards the $8,800 - $9000 mark?

I was talking about this thing last month to a friend of mine who is also into cryptocurrency. There is a big need for different cryptocurrency exchanges to apply for insurance so that in case of a successful hacking and other specified misfortune the exchange will have funds to cover what was lost and can assure their customers that the risks are already covered. Of course, the insurer has to laid down the many legal parameters for the insurance like what can be covered and how to make sure that there are no frauds involved. I am not sure if we ordinary holders of cryptocurrency will soon be able to get insurance for our holdings but this is quite possible as insurance business is really all about allying possible risks in the course of doing business and again it is all up to the insurer to set up the guidelines to follow by both parties involved. I am sure that big insurers are already eyeing on how they can do big business in the era of cryptocurrency and digitalization and soon we can see how developments are taking place in this emerging industry.

Sa ganang akin, yung possible rewards naman should be taken as a challenge na lalo nating i-improve and ating mga posts. We have to remember that the forum is actually the platform for sharing ideas and opinions but shoudl not be abused in any way. I am not a perfect model kung pagiging member ng forum ang pag-usapan siguro pero I make sure to follow the rules as much as possble and do my obligations here voluntarily. There are times that I see a blatant spam post and I do report them to the moderator. Walang masama kung gusto nating kumita ng pera galing sa forum posting kasi may programa naman talaga para sa ganito pero palagi nating isipin na di tayo ang may-ari ng forum na ito kaya dapat mag-ingat sa lahat ng panahon mahirap na din ang ma-ban mawawala lahat ng ating pinaghirapan para umusad ang ating mga ranks.

Natawa ako dun sa post ni  2double0: "If I ask "What is blockchain?" and your reply is "Blockchain is a chain of blocks", this shows your level of knowledge and that you didn't put any efforts to try and find more, learn more about it and then post but you wanted that buck so you posted." Nakakatawa kung ating tingnan pero marami pa rin talaga ang ganito kung mag-isip dito sa forum.