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Showing 20 of 27 results by dangerousdanjon
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Board Economics
Re: Notable Bitcoin Critic Claims Price Likely to Hit $5,000 In Near Future
by
dangerousdanjon
on 19/01/2019, 08:14:21 UTC
How do you respond to comments made by Bitcoin critic Jeffrey Gundlach, CEO of DoubleLine management. He estimates that Bitcoin can reach $ 5,000 in the near future. Gundlach notes that investors who have a high tolerance for risk can make easy profits if they want to trade Bitcoin.

The question: is it true that currently Bitcoin has changed with fairly competitive volatility ...?

Source: https://www.newsbtc.com/2019/01/11/notable-bitcoin-critic-claims-price-likely-to-hit-5000-in-near-future/

I was expecting the price to go up to that level this week but instead it dropped back to $3600. I have seen some expert predictions that the price of Bitcoin will get to five thousand dollars, a lot of people has predicted that already, so it might happen. But what about those that said the price will drop to two thousand dollars? That’s something else you shouldn’t neglect.
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Topic
Board Economics
Re: Who is really hopeful about the future of Bitcoin and why?
by
dangerousdanjon
on 19/01/2019, 07:43:36 UTC
I am hopeful about bitcoin because bitcoin is the future.
You may not see it now when you put into consideration the current market conditions.
But know it that bitcoin is the future of Cryptocurrency.
It has huge potentials that if harnessed could be beneficial to the world at large.
It has huge untapped market too.
These are just hard times and they do happen a lot. This is not even the first time, and j suppose people should have learnt from all that. Like I said, it is not the first time, it has happened even in the recent years past, it happened in 2015/2016 and also happened years before then. A lot of people even believed that it was over, but instead it kept on growing .
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Topic
Board Economics
Re: HOW BITCOIN BENEFITS THE ECONOMY?
by
dangerousdanjon
on 24/12/2018, 13:00:11 UTC
if the question arises what economic benefits are generated from bitcoin? then the answer is the same as other investment commodities such as gold, stocks and others that distinguish it only from the side of the form that is virtuous (non-physical) and the price movement is very significant both rising or falling, maybe that is the reason the government banned bitcoin, too risky if we cannot take advantage of the best opportunities
But it is also the fact that if the governments will come to regulate it in the favor of Bitcoin and its community then it will not have much risk. The fluctuations occur in all of the assets so here is also it exist. After the involvement of governments the fluctuation will reduce.
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Board Speculation (Altcoins)
Re: In 10 years 20$ will turn 100k
by
dangerousdanjon
on 24/12/2018, 12:21:05 UTC
10 years time in crypto currencies . 20$ will become at least 100k?
Rn I'm holding tron, and eos 20$ and ontology 10$ airdrop. I don't plan on moving it around cus its nothing to me. I'll wait it out 10 years.
despite the high volatility of the cryptocurrency, I doubt that your coins will be able to bring you such a large profit. try to increase your capital so that in 10 years you will Wake up a rich man.
Of course, in 10 years the situation can change drastically, but in order to get really good results, we must also make sure which projects will be in high demand in society and will have prospects in the future.
It really depends on the project in which we invest. In that time no one know that which project will be at the peak of its success. I will like to say that if anyone want to wait for that much time with his investment then he have to invest in Bitcoin as it is a currency which will be among us forever.
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Board Service Discussion (Altcoins)
Re: How many people are still here to hunt bounty?
by
dangerousdanjon
on 24/12/2018, 11:19:57 UTC
I think 80% percent left the market. but of course someone stayed, especially those who strongly believe in big growth in the future
Those who left do not know that it is the year to collect as much coins as possible as in the future the coins will rise to much higher value. Those who still hunt for bounty and they do not sell and are holding for long term are the genius hunters.
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Board Trading Discussion
Re: Daily trade Vs long trade
by
dangerousdanjon
on 24/12/2018, 10:42:23 UTC
well, I rarely trade. but I think both types of trading have their advantages and disadvantages. well, of course the short term is more risky, because I have tried it, and got a big loss. other than that, if I think about it, I am a person who trades in the long run.
The reality in crypto is that when we take high risk, we are entitled with higher reward if we succeed.
It's not new that short term trading is also profitable but should be at a good timing and one in order to be profitable needs to have the skills to go along the way. Though you do a short term trade, but you can make it a long term activity especially if you are doing good.
But in the current market I will not recommend anyone to do short term trade as currently the market is not going better so in this market we have to focus on the long term trade. IN long term trade we will get the profit no matter how much fluctuations are in the market.
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Board Speculation (Altcoins)
Re: Do you still belive in Crypto ?
by
dangerousdanjon
on 24/12/2018, 09:26:19 UTC
I never ceased to believe that the rate has dropped so much still nothing terrible, everything is ahead and you just have to be patient and it is desirable to buy more cryptocurrency)
I am also with you and are not disappointed from the crypto because now I am seeing that the use of Bitcoin and other crypto currencies is increased much more and they are convincing people to adopt these coins for their transactions which is a positive sign and is showing a brighter future.
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Board Altcoin Discussion
Re: Why Government does not like crypto?
by
dangerousdanjon
on 24/12/2018, 08:17:59 UTC
Cryptocurrency is the most popular terms nowadays. People like cryptocurrency so much. Many people are involving in the crypto world. Everyone wants to earn money from cryptocurrency. While people are liking cryptocurrency, Government does not like it at all. In some countries, the government banned the cryptocurrency. What is the reason behind this banned?
Because it is easier to prohibit than to create a legislative base and try to introduce cryptocurrency into the existing economic model.
Yes many legislatives do not know about this technology and they are unable to make laws for this currency and cannot control on it because of which they do not want to involve in it but in the future when they will find that it is now important to adopt this currency they will start to learn and will adopt it.
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Topic
Board Economics
Re: What will you do with the current market?
by
dangerousdanjon
on 24/12/2018, 07:11:11 UTC
Just holding some altcoins that I've bought in a higher price and buy some potential altcoins in a cheaper price, this is what i do from now, and hoping that the market will rise again.
Now a day it is good to wait because price has too much chances to rise. So all of us should buy some profitable coin so that holding will give good money for future. In this situation no one should sell or quit because it can decrease your profit. Same as you I will try to hold my coin and will try to buy more in future.
You are right and for you the good news is that the rise in the value of Bitcoin is started. Now till the Christmas we will see the price of Bitcoin rising very high and it will then see a golden market in the coming month when ICE will start Bitcoin futures.
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Board Speculation (Altcoins)
Re: Bull run in december
by
dangerousdanjon
on 24/12/2018, 06:39:06 UTC
Havent seen a Green blob in such a while, yay! https://www.coingecko.com/en
It is also expected that this will be a bull run and everything will go with a slow motion. We have to give a full support to Bitcoin this time and have to not sell our coins and have to buy more if possible. It is also important that we invite more investors to Bitcoin which will cause a bigger demand of Bitcoin.
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Topic
Board Trading Discussion
Re: New to crypto trading - Is now the time to get in?
by
dangerousdanjon
on 19/12/2018, 11:19:23 UTC
Hi all.  When the hype was at its peak about a year ago, clearly this attracted a lot of people.  I waited and watched.  Would love to hear views on if this is a good time to start looking at BTC and alts.

Also, have seen a few accounts that offer services (VIP signals etc).  Presumably some of these are better than others.... if so, what have been your experiences?  Thanks.

I would advise against any newbies trying to trade in this current market. It may be a good time to invest but it's not a good time to trade. There's little easy money going around and the market is in a constant downtrend, without knowing what you're doing you're liable to lose money. Perhaps try a paper account for a while to hone your skills before the market conditions become more favorable.

Avoid signals at all costs, they're not looking out for your best interests, they are looking out for their own. No one has a crystal ball and if they did they wouldn't be sharing it with you. They use these groups to get people to buy shitcoins off them at an inflated price.
That is a good advice. Do invest because the cost of investment is low but hold your investment because right now, the market is in hot water and you just cannot get the profit out of the market now so do not trade.
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Board Trading Discussion
Re: Can I still get wealthy through Bitcoin?
by
dangerousdanjon
on 19/12/2018, 10:38:40 UTC
Wealthy is quite impossible until you are now mediocre wealthy, adopt technology for everyday payment usages.
No it is not very difficult and just needs an out if the box idea which can easily give you a chance to roll in millions. One just needs to build an idea that revolved around Bitcoin and can solve a problem and done.
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Board Economics
Re: A Public Market is Turning 'Cashless' in the Philippines
by
dangerousdanjon
on 19/12/2018, 09:35:33 UTC
This kind of technology is mostly seen in the neighboring countries of the Philippines. Countries like China, Hong Kong, Taiwan, Korea and Japan are using cashless payment but mostly it is seen in the shopping malls but this step in using cashless payment in a public place is a big step forward considering that the Philippines is a third world country. I just hope that it will gain support from their local government in Valenzuela and support form the people because it is such a good project.
cashless trading has been very much done in third world countries, because the trade system has progressed rapidly, all countries have experienced changes in the pattern of payments, the Philippines may be a small part of a third world country that is undergoing change, because the future for the country who do not follow changes in the payment system, must be abandoned from the world of global trade, or will be eliminated in the global economy.
We can also see that these third world countries are also getting very high profit from this field. One of the reason that there countries are in this field because it is a decentralized system and anyone can get involved in it without any restriction so they are here when are denied from other digital systems.
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Board Economics
Re: All times are good to enter crypto - Tim Draper
by
dangerousdanjon
on 19/12/2018, 08:35:05 UTC
I agree that crypto currencies are good to enter every time and most of the bitcoin forum experts also suggested that when you have crypto you have to be very careful and be patience and this is good time for the crypto holders to keep patience and wait for the right time.
as long as we know how to put our order in best place, we could enter to market anytime.but we have to prepare our mentality when our open order floating minus.
I think that investment in crypto needs a very wise mind and one should be mentally prepared for this ambiguity that anything can happen in crypto if you invest but a wise man would find out different ways to deal with it to stay in the market.
Investment in this field needs only need the awareness that none of the project scam you. You have to stay away only from those projects which have doubtful planning and which have low potential for the future success. Investing in established coins anytime in good for anyone.
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Board Economics
Re: Offline stores that accept payments using bitcoins
by
dangerousdanjon
on 19/12/2018, 08:02:49 UTC
Are there any of you who have offline business but accept payment using bitcoin?
Please just google yourself to find out the offline business who are accepting Bitcoin payment, I hope you will get many. There is a very interesting thing you could find a shop near your place if your country allow Bitcoin.
for in my country, offline stores that provide payments using bitcoin, of course no longer exist, because there was once a sweping for that, because of legal issues, but I don't know if in a country that has recognized BTC
i think its happen in only few countries.not all government sweeping bitcoin payment in offline stores.its still on early stage for adoption and maybe next several years it could be.
The development of Bitcoin and its payment system is very faster any country which start to adopt it can easily implement its payment system for their offline stores and it do not take years. All it need the support of its users and the promotion of it to other people around us.
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Board Speculation (Altcoins)
Re: It's time to sell
by
dangerousdanjon
on 19/12/2018, 07:27:31 UTC
I'm not spreading FUD and everyone is free to do whatever he wants. After all, it's your money.

What I'm suggesting here is to take all the tokens and coins you're holding and start reading the whitepaper, check the roadmap, see the team behind that project and how active the developers are is by looking at the GitHub repository. If it's not looking that good, don't think twice, just go and sell regardless of initial buy price because you'll be cutting your losses this way.

I understand that saying "hodl" is nice etc but you should use your brain and don't be blinded by the idea that every useless out there will go to the moon. Only a few are worth investing in so instead of holding random coins, you may want to target something that has been here for a long time and still doing well such as ETH, BTC.

Holding never was an option and expirienced traders had sold all their tokens long ago. In the same time, now should be good time for selling altcoins too.
I think that holding in not an option if you feel there will be fall in the market but if many of them had been hoping for the rise again and in that dilemma of hope, they lost more and more.
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Topic
Board Speculation (Altcoins)
Re: Which coins to buy now for 2019?
by
dangerousdanjon
on 19/12/2018, 06:56:29 UTC
For now, I would advise you to buy bitcoin. the current price is very low is a very good thing for you to buy. the influence of bitcoin is very large on the market and this is certainly a good thing for investment
Those who invested in the coins few months ago when the price was 8k have lost values. These who did the same in the last month of 2017 have lost more than 80% values and the tourists are leaving the industry for they can not hold any longer. But the new guys can enter and invest for benefits.
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Topic
Board Speculation (Altcoins)
Re: Bull market soon? Or a trap? 🤔
by
dangerousdanjon
on 14/12/2018, 11:04:07 UTC
I think we will see more traps like two or three. These traps gonna be happen in until April 2019. We should be more careful about that traps and we can earn money from these traps. We should follow more news about crypto and technical analysis.
I do not know about that, it is possible that more traps could happen but how many people are going to fall in those traps after they have lost so much money during this particular bull trap? So it is likely that during the next months the price is not going to crash that much anymore but I'm not really expecting a recovery either so I speculate that what we are going to see next is the price not moving much.
We do not have to disappoint from the market as many crypto expert speculated that in the coming weeks we will see a good time in the market. They said that now none of the event will go against the market. The previous decline was just because of the news of ETF delay.
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Board Altcoin Discussion
Re: Panic selling! Yes or No?
by
dangerousdanjon
on 14/12/2018, 10:24:13 UTC
I think that panic sales will be after Bitcoin falls below $ 3000. After most likely he will either start to grow again, because then to purchase whales, or go even lower but will begin to rise as purchase whales.
We already saw a panic market and a lot of people sold their coins in that market which caused Bitcoin to reach to that lower price from now I do not think that the price will drop any more so we cannot say that it will drop below $3000. From now we have to expect the rise in the price.
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Topic
Board Speculation (Altcoins)
Re: Should leave the market?
by
dangerousdanjon
on 14/12/2018, 09:55:10 UTC
A little discussion about the market. Do you have belief in this market? In my country, people are frightening when the capitalization is reducing dramatically, many of whom have drawn out from the market. And some experts suggest that people should only invest in 20 coins which have the highest capitalization, and stay away from the low-capital ones. What is your opinion about this?
On the one hand it is correct. Top 20 of the best it already speaks for itself. But if you look at it from the other side, the small coins can fly up in percentage much higher. Therefore, they should not be ignored.
There are also a lot of coins below the 20 rank which have very brilliant developers and which have a great projects. It is expected that these coin may rise to much higher in the coming future. One of them is electroneum which have a high potential in the future.