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Showing 20 of 81 results by chainedblocks
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Topic
Board Economics
Re: Is the Market Stabilizing?
by
chainedblocks
on 01/12/2018, 08:12:47 UTC
What are your opinions?
~snip~

stability is always temporary in the BTC market, at least in this nascent era of early adoption. it won't be truly stable until the market is saturated and there is little room for future network growth. any long term stable period will eventually erupt into a violent trend.

regarding what to do, i'm of the opinion that we're approaching a major swing low in the $3000 area or maybe after a quick dip into the $2000s. the time to sell was in the $5000s. if you're going to sell this late, watch closely and don't wait forever to buy back.
the next question is when will bitcoin begin to move up again
That is one question no one can give you an answer to unless you just want to keep getting pure guesses and assumptions. We are in an unpredictable market, but surely, the market will start moving up when it is ready to move up and when demand is basically more than supply, so it is left for you to monitor the trend and see when that happens, because the truth is there is absolutely no way you will not know when the market has been able to hit the bottom and reversal trend is occurring. However, I believe there might be some long term consolidation anyway before a proper trend starts building up.
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Topic
Board Speculation
Re: Fall! What to do?
by
chainedblocks
on 22/11/2018, 11:49:02 UTC
For now, this is the deepest fall in the past year and I think this should end here. we expect the best to be able to make bitcoin stable early next year. It's very chaotic if this lasts for a long time, because some people already buy a lot at the end of the year, when bitcoin reaches high prices.
This is deepest fall of the year, yes. Since the last December, bitcoin never had gone high. This has affected bitcoin so badly that people start losing their interest. But we are optimistic about good days.
Post
Topic
Board Speculation (Altcoins)
Re: My altcoins are down... by a lot
by
chainedblocks
on 20/11/2018, 10:18:18 UTC
Hi,
So I’ve invested a bit of money into altcoins about a year ago, and did a bit of trading but then slowly lost the track of it... Until today, where I found my ledger in my closet and decided to give it another look.
So here I am now looking at my coins , and thinking on what to do... Hold on? Sell?...
I’ve got:

KMD EDG MSP

I’m down about 60% of my investment.

Any advice is appreciated!


EDIT: Yeah my entries are all super high tbh haha

EDIT 2:I’ve got quite a bit of faith in MSP & KMD Not sure about EDG though
That is the spirit mate. It is just quite unfortunate that a lot of people do not always get to think about that, and this is one of the reasons why whales tend to play with their emotions a lot and make them chicken away from the market. When a market drops, this gives a good chance to buy more. I am even surprised though that with the situation of bitcoin, the altcoin market, except for the top few ones, but in general and in total, a lot of the alt markets are still just busy trading sideways. This shows one thing that the alts have bottomed enough and this only show the chance of picking them at this bottom for the next possible bullish activity.
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Topic
Board Trading Discussion
Re: Can I still get wealthy through Bitcoin?
by
chainedblocks
on 16/11/2018, 07:07:55 UTC
Bitcoin and the blockchain have been presented as the future for a decade now, and it turned many of those who found out about it early into millionaires.  Some rank these two as the greatest inventions of this century: cryptocurrencies, of which Bitcoin is only one, and blockchain, the record-keeping technology that underpins it. Is the prediction of bitcoin's strong future coming true within the next few years? Is it too late to have a chance in getting wealthy through Bitcoin?
Bitcoin is not the only chance of getting rich that you might have. It might be too late to get rich with Bitcoin, but since you have seen what happened and how it went from a very low price rate to what it is now and even getting to $20k, you should take that as a lesson and look for potential coins in the market that are likely to accomplish the same and invest in them for long-term.
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Topic
Board Trading Discussion
Re: are you now afraid to save bitcoin until December 2018
by
chainedblocks
on 22/10/2018, 10:27:16 UTC
I am believing strongly that bitcoin will rise any ,moment from now because it has been bouncing of $6K for many times without breaking the support level there. There is nothing again for bitcoin to do than to go up and rally as it use to do during this time for the past 3 years. We are expecting the last quarter rally for the year 2018. If any trader has money to invest incryptocurrency this is the correct time to enter and ride the trend to the end and make massive profits.
Yeah it is good I appreciate your trust in bitcoin and if everybody thinks like you, the investment cap will never decrease and the price will also not down. When the price is good people will also trust it the most and will invest their money in bitcoin. I and not afraid of the current situation of the market and optimistic about the bright future of bitcoin in the near future.
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Topic
Board Marketplace
Re: LOOKING TO INVEST MY LIFE SAVINGS NEED ADVICE
by
chainedblocks
on 20/10/2018, 08:06:36 UTC
if use you saving to invest. you should choose the bitcoin market. buy now and hold until next year. maybe you can get rich.
In these days the price of bitcoin is very reasonable and you can buy bitcoin for your future. If you have patience and courage to bear any circumstances then you should invest in bitcoin. If you have trading experience, then it is much better and you can make handsome money in the future. Don’t be panic if you want to put your money in cryptocurrency.
It is a good decision that you want to put your money in cryptocurrency. I really appreciate your courage, because cryptocurrency investment is very risky and you may lose your coins with one wrong decision. It is better to split your money into different coins. By this way, you will be mentally relaxed and satisfied. If one coin downs other will go up and you will remain constant.

Yes, instead of losing all your money in one coin it is better to split the coin by dividing your money into different coins. It is very good to research before investing into any coin which should give good income for your holding.
In my opinion authentic and reliable new ICO project is better for investment. if the project manager is reliable and he has clean track record and people trust him the most you can invest yoru money in his coin. You will get huge quantity for low investment but don’t put all your money in one coin. It will be better option for a secure future investment.
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Topic
Board Gambling discussion
Re: Do you find Success in Gambling?
by
chainedblocks
on 19/10/2018, 12:44:05 UTC
I never find anything positive towards gambling because gambling is just for time not for money making the machine. I never consider gambling is another source of income because the chances of making money are very difficult and sometimes addiction will also kill us on our expenses.
You'll never find success to gambling because you already said it.

And don't go too far with it if you have decide not to create it as a source of income because it shouldn't be. Its not worth to try because base on my personal experience I wouldn't really going to go through with it anymore and I'm done finding my success in gambling.
Thats right, you won't find any success in gambling, don't go too far especially having goal to become rich from gambling, you won't
be able to get it, it will lead you to a big bankruptcy, because it is too ambitious will make you become addiction and you get big loss
In fact, most people who are busy purchasing success in gambling always get to experience the opposite in a very much negative way. The reason being that, they tend not to control their impulse as all they are busy pursuing is winnings and for that reason they will always end up flopping badly and ruining their own lives as a result of their mentality.

As long as you cannot control that mindset as a gambler and accept that gambling is just a game of luck and as long as you see it as fun, you are on the right track, and every other thing else you are basically on the wrong track.
Post
Topic
Board Gambling discussion
Re: India to legalize gambling and sports betting
by
chainedblocks
on 17/10/2018, 11:28:57 UTC
Haha i can believe this news is true not a joke
As i know indian government not allowing gambling in their country it's because against the indian religious
And if i'm not wrong indian government warning to their people to carefull using cryptocurrency because they compare gambling investment because of high volatile movement
In the whole world the biggest number of gambler are Indians. Gambling is a big industry in India and I think this is the main reason that the government legalized gambling there. Bookies may pay tax on their income and is it also good for their government. Gambling should not be controlled anywhere in the world, so it’s better to legalize it and impose tax on it.
India had allowed gambling long time ago and the reason is that the government knew that people would gamble at any cost. So if they cannot be controlled by force then it is better to allow them to gamble legally and give tax to the government. In west gambling is not assume bad but in Asian countries especially in Islamic countries gambling is sticky prohibited.
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Topic
Board Gambling discussion
Re: Sportsbetting
by
chainedblocks
on 16/10/2018, 07:54:35 UTC
But there is no house edge in sports betting and although it's hard to win in the long run but there is a possibility to win.
There is no typical house edge in sports betting but the bookies do have Moneylines and so on such that they do have an advantage over the gambler. Again in the long run in EV+ games its either profitable or not does not depend on how long you are playing but again the luck factor comes in. Your technical anaylsis does work but if luck is not on your side then its as bad a EV- game.

Quote
What do you called the people who are making a living in sports, they constantly win because they are smart and they consider sports betting as a long term business.
You are wrong. They dont win constantly. If you are following tipstars they will only show you their winning bets because they want you to join as their ref so they can make some commissions. That how it works. Cheesy
Pretty simple, there are people who win at sports betting, but these people don't share their tips publicly, why would you share a winning strategy?  Did Coca Colar share their recipe?

In financial trading, you see plenty of videos on how to make money, but you never see anyone sharing all the trades he places, why he places, how he decides his trades, etc. That's common sense. Twitter is full of attention seekers who go through short term success. One of the rare guys I trust is Steve from Daily25 but he does not share his tips, he shares his journey and his vision of sports betting (he is a real professional, I recommend to follow his blog).

You got a good point there.
For new to sportsbetting, gambling, or trading, better master the most basic strategies and then customize it as to where you are comfortable with and where you are profitable.

To add to this , sports betting is quite simple if not the simplest of all gambling so you can learn  and practice new strategies almost everyday with loads of games around the world and keeping to the basics and i agree you can be successful as a beginner with time.
Sports betting are an easy way of gambling and I think that most of the people are involved in sports betting. You can gamble anywhere in the world. I also bet in sports games in my locality. There is no need to go here and there. The gambling platform is near with my house. We bet before starting the game and take or give money when the game ends.
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Topic
Board Marketplace
Re: Amazon accepting Bitcoin - What can go wrong?
by
chainedblocks
on 14/10/2018, 07:44:16 UTC
Amazon's plan is a good thing and we still have to look and think.
On the one hand, they will provide law enforcement agencies and authorities with information related to bitcoin. This clearly reduces the value of anonymous promises in the electronic money world. Although the public ledger, as the name implies, is public. On the other hand, Amazon supplies and its stability help providers have an effective mechanism to accept bitcoin payments. This is a strong impetus for Bitcoin's quest for broad acceptance.
Amazon is fast growing online company and now when they start accepting bitcoin they will enhance their services and business. It is also easy for people to buy products in Amazon and pay them from their wallet. Transaction sometimes takes long time but it will be covered in the future. Now people will prefer to buy their daily necessities online. The world is going to change.
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Topic
Board Altcoin Discussion
Re: This is how much money has been lost because of hacking
by
chainedblocks
on 13/10/2018, 14:02:47 UTC
The numbers are quite alarming. According to this Forbes article, while the number fluctuates based on the market price and the published amount at the author’s time of writing, these are the quoted amounts that have been lost due to hacks as well as human error.

DAO - $53 million
Bitfinex - $72 million
Parity - $30 million + $275 million
Mt. Gox $460 million
Coincheck $530 million

That’s over $1 billion that has been lost! Obviously, cryptocurrency is giving us specific challenges around protecting our assets. At the same time, this gives us the opportunity to push the limits of this technology in order to elevate our lives, right? What are your thoughts about this news?

https://www.forbes.com/sites/forbesagencycouncil/2018/09/27/cryptocurrency-how-to-avoid-getting-hacked/#184495a14692

I think bitcoin amounts that have been lost would have been a lot better. Also it has not been "lost" to us, it just changed hands but the money is still out there, most of those people who hacked these places cashed out that money and basically living the life with fiat right now while some other person bought that money somehow.

"Lost" is the type of money when someone actually forgots the secret keys and seeds of their wallet which is an actual trouble for bitcoin, it is estimated that around 500k bitcoins have been "lost" that way either can't be reached or satoshi basically not using the coins he has as a major part of that.
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Board Trading Discussion
Re: trading outside of crypto?
by
chainedblocks
on 13/10/2018, 11:37:45 UTC
Well, I know only a little about stocks trading, as I'm interested mostly in crypto. The procedure of trading on a stock exchange and a crypto one is practically the same. The difference lies in what you trade.
On stocks, you could practice with small portions like it's usually done at crypto exchanges such as CEX (https://cex.io/) or Bittrex.
There are many source besides crypto trading as we had the only traditional trading before the crypto world and we have still that tradition which is running on its way besides crypto world towards success. If you want to switch in to the traditional trading again then you can start from now but mind of a real trader says that trading with multiple sources is better than a single one.
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Topic
Board Trading Discussion
Re: Can I daily earn 10%
by
chainedblocks
on 10/10/2018, 12:29:42 UTC
Hello, I am newbie in trading. I start trading for make some profit
Would it be possible to make 10% of your capital every day?

This would be 300% in a month, this is a lot.

It really comes to your capital:

If I invest 200$ and 10% of 200 would be come 20$ daily and one month come 600$
...

If I trying hard daily profit 10% huge profit come in one month

This is possible if you will become day trader with huge finacial resources as capital at your disposals but to become day trader is not that easy in which you need also to learn the techniques and strategies on how to get the perfect timing of the price movements which is a time consuming activity and also better to start your goal during bullish market to ensure the desired daily earnings.
Everything is possible in crypto world. You can earn 10% daily or you can lose 10% daily. It depends on your ability and experience of crypt trading. If you take right decisions on the right time, no doubt you will earn more than 10% on daily basis, but consistency is must. Wrong decisions will take you in worst conditions and you may lose your investments.
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Topic
Board Gambling discussion
Re: You cannot win in gambling
by
chainedblocks
on 10/10/2018, 11:19:48 UTC
I think there is a chance to win in gambling but it is only for short time gamblers and not to be addictive, all of us are experiencing beginners luck and if you can control your emotion or yourself you can make money and gain profit in gambling. Enough to win even small amount than targeting to beat the house.

Yes, the chance is there but I don't think that the opportunity to win will bigger as we know the gambling is design to get the gambler's money and people can only enjoy the game or stress with their losses. Even if beginners continue to play the game, he doesn't have another chance to be a winner, and he might lose more money. So if you can win the money, it is better to leave the game as soon as possible and never think that in the next round you can win the game again because you don't know if your luck still following you or not.
Yeah it is right that you cannot win in gambling. Gambling is not for making money but for losing money in an easy way. I think that one should gamble just for fun and not for making money because when he became gambling addictor then it will be hard for him to quit. It is much better to spend your time in some healthy activities like gardening or sports and get mental relaxation.
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Board Altcoin Discussion
Re: Did you think ICO is necessary?
by
chainedblocks
on 04/10/2018, 10:15:14 UTC
Irrespective of problems encountered by crypto enthusiasts like fake icos, scammers and delay. I think ICO plays an important rule in execution of sound projects. So Without ICO, most coins  find it difficult to raise funds to execute their project. Without ICO, coins or projects will find it difficult to advertise their project, without  ICO, projects will find it difficult to reach the right audience, Etc.therefore I believe in ICO because it enable me to research, analyst and evaluate the potentials of that project. Do you also believe in ICO?
ICO is really good and you just need to find the good ones. I heard that it’s quite hard for scammers to start up ICO this time around cause the price for starting it is high this time around, but… I know there will still be scammers. Don’t forget the fact that ICOs has been able to raise billions of dollars this year, so that’s a good way to make a good profit. They are worth it and should still be around.
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Topic
Board Trading Discussion
Re: Do Not Trade By The News, Follow The Price Action
by
chainedblocks
on 03/10/2018, 10:47:08 UTC
It is easy to get stucked in this trap when you read a particular economic news and tell yourself that it seems likely to make the market go in a certain direction. Once you convinced yourself that what you expect to happen is basically you digging for your account. In the early years of trading, many traders were stuck in the trap of trading in news and focused too much on fundamental analysis. 
 Trying to find out what the market is going to act next after the major economic reports are published appears to be obvious and useful to a trader at the time. However, you may be surprised to learn that the trader focuses too much on news that is losing money as prices tend to move in the opposite direction from what the news reflects.

This is true, the news can confuse you to the extent you wouldn’t know what actions to take again. Sometimes I will open the news and will be seeing lots of news with different opinions and they will just end up getting me confused cause I wouldn’t know which one to believe again. This time around I don’t even have time to check those, I just make research myself and trade by checking the price. No news needed.
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Board Economics
Re: Next SEC meeting
by
chainedblocks
on 27/09/2018, 10:39:59 UTC
I think more precisely ETF and hopefully on 30 September the ETF is received and makes the price of bitcoin more expensive and makes everyone interested in using bitcoin Undecided
No need to start walking faster than our shadows, we have just few more days before then to know what the outcome would be like and how the space would take the news whichever way it comes, and then we will know if the ETF will have any serious impact or not.

Sure, in the long run, this might have an impact as we will get to see the possibilities of more money coming into the space, but at the same time, I still feel this will be suspended till next year.
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Topic
Board Speculation (Altcoins)
Re: Good coins to buy now and hold for a long term?
by
chainedblocks
on 26/09/2018, 13:06:42 UTC
My suggestion is, buy these coin or token which price down now and have a great future in 2018.
Bitcoin, Ethereum, TRON, Electroneum, DeepOnion, and PRiVCY are always good for long-term investors.
Everyone has his own choice. You like these currencies for long term investment while I want to buy bitcoin and Ethereum and Ripple for long time. These are the top three coins in the list of cryptocurrencies and also very reliable and authentic. The market value is higher than all other currencies and in the future I can make huge profits from these coins.
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Board Speculation
Re: What factors make Bitcoin rise again?
by
chainedblocks
on 26/09/2018, 12:17:08 UTC
Bitcoin is a very phenomenal currency, so it's no wonder that today many are in the profession as a bitcoin trader. This thing is the main factor the rise and fall of bitcoin prices significantly. Usually, traders will buy large amounts of bitcoin at low prices, then save it for some time and will sell it when prices are high. At the same time, precisely when the process of buying, the price will certainly go up and the price will go back down when the process of selling bitcoin occurs. Plus, users who use bitcoin for other purposes are still few compared to users who use bitcoin only as trading.
I think that the use of biotin all over the world will be the main factor to raise bitcoin again. When you use your bitcoin wherever is possible more and more people will take interest when they know about digital currency. Finally they will also invest in bitcoin and thus the value of bitcoin will rise in the crypto market. It will take some time but one day it will happen.
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Board Speculation
Re: What will become of Bitcoin if the price keeps falling?
by
chainedblocks
on 25/09/2018, 12:06:29 UTC
If it keeps falling, there is no end of it. if a big crisis comes, the bitcoin is about $ 3,000. and a lot of altcoin is garbage. and it takes quite a long time to recover.
I do not expect falling price to continue, we have stabilized above $6k and I think we have reached the bottom line and will not go down below that, I think all users also know that? so they will continue to guard the market so that there is no panic selling happen again..
Even if falling price should continue, that would only bring about room for us to buy more as the case may be. Nothing is certain yet and all we can do now is to see where the market really leads. I would not say the price may not fall further as it still has some more room to fall if the bears are given the chance.

I guess we all saw them trying to strike a while back and then the bulls taking over again. If the price falls, believe me the smart ones will definitely take it as an opportunity to buy, and there is certainly no doubt about that.