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Showing 20 of 98 results by Pablobiz
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Board Trading Discussion
Re: Right time to buy a lot of bitcoin.
by
Pablobiz
on 19/08/2018, 21:44:19 UTC
Bitcoin may have reached its bottom this year. So now is a good time to buy
All cryptocurrencies are very cheap right now
As a whole, cryptocurrencies have declined about a large percentage from their highs this year.
It's much cheaper to buy now and participate in the rally as it goes. Bitcoin, the most popular cryptocurrency, reached highs of $19,500 last December, only to dip below $6,000 in February. Right now, bitcoin is priced  at little above $6000.
The volatile nature of all cryptocurrencies has left market watchers on edge amid looming regulatory concerns.
Post
Topic
Board Trading Discussion
Re: 2 tips in trading for beginners
by
Pablobiz
on 19/08/2018, 21:34:22 UTC
Nowadays, Identifying trends is required to survive the unstable market.
Identifying trends, or the general direction in which a security is moving, can also be very helpful for Cryptocurrency traders. However, singling these trends out can be a challenge. Digital currencies can be highly volatile, and looking at a chart of a particular cryptocoin's price movements will likely show a series of highs and lows.



However, technicians know that they can look past the volatility and identify an uptrend when they see a sequence of higher highs and higher lows. In contrast, they can single out a downtrend when they identify a string of lower lows and lower highs.
There are also sideways trends, in which a security experiences little in the way of upward or downward movement.
Traders should know that trends come in many lengths, including short-term, intermediate, and long-term.
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Topic
Board Trading Discussion
Re: 2 tips in trading for beginners
by
Pablobiz
on 19/08/2018, 21:33:07 UTC
Nowadays, Identifying trends is required to survive the unstable market.
Identifying trends, or the general direction in which a security is moving, can also be very helpful for Cryptocurrency traders. However, singling these trends out can be a challenge. Digital currencies can be highly volatile, and looking at a chart of a particular cryptocoin's price movements will likely show a series of highs and lows.

Post
Topic
Board Economics
Re: Cryptocurrency wallets: Can they be hacked??
by
Pablobiz
on 18/08/2018, 21:19:53 UTC
Take Browser extensions as an example. Some extensions are claiming they will improve your user experience on trading sites. Except they may read at the same time all your typing there. Stick with the ugly user experience, you’ll be safer.

My advice is, make sure you do NOT download any crypto extensions. Browser in “Private mode” where usually extensions are disabled. Or use a fresh browser only for this. You can take a look at Brave which is a Blockchain native browser with built-in wallet
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Topic
Board Economics
Re: Cryptocurrency wallets: Can they be hacked??
by
Pablobiz
on 18/08/2018, 21:17:27 UTC
Why not. Don't be deceived by the 2FA security measures. If you have ever threaded the waters of any crypto service you will have to go through a tedious security on-boarding which includes complex and long phrases and codes to remember or store securely somewhere. Yes, you are in control of your own assets but the price to pay is that you are in charge of your own security. And since most people are not security experts, they are very much often exposed, without knowing. I am always amazed to see how many people, even tech savvy ones, don’t take basic security measures.
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Topic
Board Bounties (Altcoins)
Re: [BOUNTY][ICO]🔥MONVID:Streaming Platform 10millionMVID Bounty Pool upto $500k🔥
by
Pablobiz
on 18/08/2018, 20:09:59 UTC
Post
Topic
Board Speculation
Re: Many cryptocurrency players have gone bankrupt
by
Pablobiz
on 17/08/2018, 20:08:28 UTC
Many cryptocurrency players have gone bankrupt
As I said in this year's new futures market
Such speculation has already allowed many former winners to Departure .

Probably the New Comers who just heard the boom of Crypto-currency and then hopped in. They followed some other traders who were preaching "HODL, the market will rise soon regardless the fall".
The cryptocurrency market has lost nearly 50% of its value since its peak of US$840 billion in early January 2018, yet believers are advising to “hodl” despite the dramatic drop.



In economics and decision theory, this approach can be explained by the loss aversion phenomenon which refers to people’s tendency to prefer avoiding losses to acquiring equivalent gains: it is better to not lose US$5 than to find US$5.
The prospect theory too describes well the mindset of cryptocurrency’s most fervent believers. Basically, the idea is that people value gains and losses differently, and, as such, will base decisions on perceived gains rather than perceived losses. According to prospect theory, losses have more emotional impact than an equivalent amount of gains.
Post
Topic
Board Speculation
Re: Many cryptocurrency players have gone bankrupt
by
Pablobiz
on 17/08/2018, 20:06:10 UTC
Many cryptocurrency players have gone bankrupt
As I said in this year's new futures market
Such speculation has already allowed many former winners to Departure .

Probably the New Comers who just heard the boom of Crypto-currency and then hopped in. They followed some other traders who were preaching "HODL, the market will rise soon regardless the fall".
The cryptocurrency market has lost nearly 50% of its value since its peak of US$840 billion in early January 2018, yet believers are advising to “hodl” despite the dramatic drop.

Post
Topic
Board Economics
Re: Can Blockchain help eliminate the basic problems in the world?
by
Pablobiz
on 15/08/2018, 09:39:00 UTC
Blockchain technology is rapidly changing people's financial life's and financial statuses from poor to rich, something we can already see with Bitcoin. Bitcoin enables everyone with an internet connection to open a wallet and start receiving and sending money, without the need for an ID or a credit history. For many developing countries, this might be nothing new.

When Blockchain and crypto coins are used, it offers a wide variety of new products and services for the poor, for a fraction of the costs, which could significantly improve their lives. Examples include microloans, or payday loans, for a fraction of the costs of traditional (payday) loans. The company Wayniloans developed a bitcoin lending platform, which is gaining traction in Latin America. They offer multiple loan services, including cash advance, peer to peer, and business loans, using the bitcoin blockchain for a much low rate than traditional lending companies.
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Topic
Board Economics
Re: Can Blockchain help eliminate the basic problems in the world?
by
Pablobiz
on 15/08/2018, 09:35:46 UTC
Poverty, legal identity etc. are major concerns in the third-world countries. Data says one-third of children in the world still lack legal identity (sourced from Informationweek). Poverty and lack of food still kill thousands of people. Can Blockchain put an end to all this?

Technological advancements have reduced global poverty significantly in the past 100 years. Although many people have been able to leave poverty due to this, however, still more than 1.3 billion people live in extreme poverty. Extreme poverty is defined as having less than $1.25 to spend every day. There are a wide variety of causes for poverty, which differ per country, but in general causes for poverty include: lack of education, environmental problems, lack of access to banking facilities, lack of legal ownership of property, lack of rule of law, overpopulation, epidemic diseases or changing trends in a country’s economy.

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Topic
Board Marketplace
Re: Why the market is falling and why not be afraid
by
Pablobiz
on 15/08/2018, 06:36:27 UTC
At present, the market is experiencing a global correction. Someone attributed to this the manipulation of large players, some think that the cartel wants to bring down the market, but that's what I think about this:
1)Earlier when the first crypto currency (bitcoin) was born, there were few about it, that was heard, there were only enthusiasts who were interested in the mine. Here they are the first holders who sold them for 1-10 $
2)Then the game involved people associated with innovative technologies, which had large extra money, that would buy them bitcoin at cheap prices from the first miners. Thus raising the price to $ 100
3)But since after such a surge in prices, the first holders sold all their bitcoins, bringing down the rate. I do not think that in the past years 2010-2014 these were corrections. Most of all it was the draining of the first players who were happy that they sold so dearly. And they thought that the bubble burst
4)But large holders, all bought out and dropped superfluous players. After that, a good news background started, carrying a missile called bitcoin far into space.
5)People have heard from all sides what bitcoin is and that it grows very fast. Without understanding the market, despite the graphics, people bought bitcoins, selling apartments and getting into loans. By that, they carried the missile far into space. But the day came when the big The holder decided not to wait any longer for the end of the galaxy, but decided to sell his bitcoins ...
6)And people bought everything and bought ... And when the buyers were over, the sale of those who bought not long ago began. Then the sale of those who bought at the top was started. Forming with this a snowball, flying down. And now those who did not dare to go to market, not having had time to click on the buy button for $ 20,000 sitting and rejoicing that they did not come here. Sometimes glancing at the low rate
7)But we know that such a low price is an occasion to buy crypto currency. I'm sure that there will not be such prices any more. When players who sold bitcoin for $ 100-200-300 pumping a rocket with fuel began to enter the game. TV to say that the bubble does not burst, but grows. And the race of those who will buy for expensive ($ 30,000-$ 50,000) from those who buy now will begin. The choice is yours when you buy ...

Market majors/thought leaders, control the market with the help of FOMO (fear of missed opportunity) and FUD (fear, uncertainty and doubt). The activity of financial giants acts as a catalyst for jumps and falls in the price rates. Thus, they form the mood of the majority, which increase growth or decline. Enhanced “punchy” growth inspires confidence and is able to force to buy assets in a rush and unwisely. Uncertainty and fear provoke a speedy sale in the same way. A well-known investor and billionaire Warren Buffett, with $ 90 billion on his account, used to say: “Be fearful when others are greedy, and be greedy when others are fearful”.
It is really important to act independently and not always follow the crowd, especially when the market is highly overbought (if you consider buying) or oversold (in case selling is considered).

Also, no need to breed any form of fear, if one can practice the strategy of buy at low price and Sell at High Price very well. Now the market has fell and it's still falling, many traders are out there filled with panic. Why not take advantage of that and buy your coins now before the market booms again all of a sudden.
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Topic
Board Marketplace
Re: Why the market is falling and why not be afraid
by
Pablobiz
on 15/08/2018, 06:30:31 UTC
The cryptocurrency market has attracted the attention of many people and continues to gain popularity. The most advanced cryptocurrencies, such as Bitcoin, Ethereum, Litecoin and Verge, have grown tens and hundreds times in just a few years. The Internet is full of stories about lucky people who successfully stocked up with Bitcoins or Ethereum at the right time.
Many new investors are interested in getting into the cryptocurrencies, but there are significant risks involved. The market may correct 50–70% in a matter of few days, and the ones who are not experienced enough can suffer severe losses. Therefore, it is important to understand the factors behind the course of the currency, and how this can predict the movement of prices.
It is known that the dynamics of the exchange rate is determined by the supply-and-demand. “Price takes all into account",  that is what one of the basic rules of trading says. These laws are universal for any market. But this is a generalized representation. It is necessary to identify the main criteria that influence market trends in projections for short and long-term prospects for a deeper understanding.
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Topic
Board Marketplace
Re: Merit "trading" - buying and selling Bitcointalk merit
by
Pablobiz
on 15/08/2018, 06:21:01 UTC
Very interesting to see the reactions to the newly introduced concept of merit as an additional indicator of account maturity and quality beyond just pure number of posts / activity. While this was introduced to increase post quality it has of course created a counter movement and a market place for "trading" merit - for money.
So this is just a reminder for everyone that the introduction of merit is a GOOD thing because it will help improve the quality of this forum for everybody.

"Trading" merit will undermine this and render it eventually useless.

Keep contributing!



If for any reason, Merit givers start trading "Merits", then the main purpose of the Merit system will fail. People will start dropping unnecessary posts just because there is money to buy the merit. The essence/idea of quality and matured posts will vainsh with time. People drop reasonable discussions on this platform and this helps solve major Cryptocurrency issues and other related financial issues, by the time people needs to pay for to earn merits, that means this platform might loose its genunity and Realness overtime. Let Merit givers take out time to read discussions and award merits to those who deserve them, that is why they are merit givers, they should not be tired of doing so. Merits giver should not be mentally lazy of reading discussions, then try to diversify into selling of merits for posts. For me it is not Just.
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Topic
Board Marketplace
Re: Merit "trading" - buying and selling Bitcointalk merit
by
Pablobiz
on 15/08/2018, 06:11:44 UTC
These days, people want to make money off everything. Just as you said giving merits and earning merits are good. It helps build confidence in the Merit receiver and promotes trust among users. Merits are supposed to be earned for quality posts, but on this platform you see many quality posts without merits. A lot of discussions on here are so valuable, priceless and applicable if the readers put them to use. But a situation where merits are not giving to those who deserve them, on the mere excuse that there are a lot of spam discussions or probably because the merit givers don't know you personally. All these makes it more bias and Trading of Merits for money is in no way making it better.
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Topic
Board Marketplace
Re: How soon will automakers start accepting crypto for there payments
by
Pablobiz
on 12/08/2018, 20:59:28 UTC
This has been my concern here in my  own country Nigeria. No auto dealers or automakers has ever accepted any crypto particularly BTC for purchase payments
Well in some developed countries, where technology is really advancing and always embressed, wholeheartedly, You can purchase a car and pay with Bitcoin. Some Car producing companies in US, Dallas, Kasas etc. announced their acceptance of Bitcoin for car purchase.
Almost anything can be purchased with Bitcoin nowadays, and Car purchase is not exempted.
Check this news out;
A car dealership in suburban Albany is accepting bitcoin purchases.

Michael Severance, of Michael's Auto Plaza, tells WTEN-TV the dealership recently started accepting the digital currency. Severance says he became interested in bitcoin as its value rose. The East Greenbush businessman says he wanted his dealership to take advantage of an opportunity.

Probably, if you make more enquiries on how to purchase a car with Bitcoin in Nigeria, you'll come across some-day. It's just that the confidence of transacting with Bitcoin is not as grown as some more developed society.
Post
Topic
Board Marketplace
Re: How soon will automakers start accepting crypto for there payments
by
Pablobiz
on 12/08/2018, 20:55:31 UTC
This has been my concern here in my  own country Nigeria. No auto dealers or automakers has ever accepted any crypto particularly BTC for purchase payments
Well in some developed countries, where technology is really advancing and always embressed, wholeheartedly, You can purchase a car and pay with Bitcoin. Some Car producing companies in US, Dallas, Kasas etc. announced their acceptance of Bitcoin for car purchase.
Almost anything can be purchased with Bitcoin nowadays, and Car purchase is not exempted.
Post
Topic
Board Economics
Re: When will people feel comfortable using BTC ?
by
Pablobiz
on 12/08/2018, 20:35:34 UTC
When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its outstanding features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy%



Until it becomes a generally accepted legal tender. Economics textbooks define a legal tender as a medium of payment recognised by a legal system to be valid for meeting financial obligations. Paper currency and coins are common forms of legal tender across countries.

If Bitcoin can be generally accepted by the world government, then, people will be comfortable spending it like FIAT currencies.


Checking back at history, An American Nobel Prize winning economist, Prof. Milton Friedman, predicted in 1999 that the Internet would become one of the major forces for reducing the role of government and the media.
After almost four decades of Friedman’s forecast, the one thing that is remaining, but seem to be locking around the horizon is a reliable and globally acceptable electronic cash.
Bitcoin and other crypto-currencies are attempting to fullfill this Man's prophesy.
At least, this should give us confidence that Bitcoin is here to stay, and We just can't wait for it to start filling Friedman's Void.
Post
Topic
Board Economics
Re: When will people feel comfortable using BTC ?
by
Pablobiz
on 12/08/2018, 20:28:47 UTC
When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its outstanding features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy%



Until it becomes a generally accepted legal tender. Economics textbooks define a legal tender as a medium of payment recognised by a legal system to be valid for meeting financial obligations. Paper currency and coins are common forms of legal tender across countries.

If Bitcoin can be generally accepted by the world government, then, people will be comfortable spending it like FIAT currencies.
Post
Topic
Board Bounties (Altcoins)
Re: [BOUNTY][ICO]🔥MONVID:Streaming Platform 10millionMVID Bounty Pool upto $500k🔥
by
Pablobiz
on 11/08/2018, 18:54:24 UTC
Post
Topic
Board Economics
Re: The whole market is going down. Any particular reason for that?
by
Pablobiz
on 11/08/2018, 12:11:35 UTC
Guys whole market is going down rapidly. Especially see the ETH price. it is crazy.  But I didn't see there is the specific case except  ETF. Can anyone guess when will be market recover? 

I have also been able to gather some information that, the price usually goes with the trend, it can go up or it can go down regards of the news. - I saw that it usually takes up to 3–5 days for bad news or good news to influence the market.

If you would check the news now you would see how many countries are trying to regulate and embrace blockchain technology. - More and more projects are starting to get built on Ethereum because it’s the most secure and reliable to use - Venezuela issued its first oil backed cryptocurrency on Ethereum (Petro Dollar).