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Showing 20 of 209 results by dev9t9ok
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Board Economics
Re: IRAN TO LAUNCH ITS OWN CRYPTOCURRENCY, GOOD OR BAD FOR CRYPTO ADOPTION?
by
dev9t9ok
on 30/07/2018, 22:33:55 UTC
Iran and Venezuela have oil based economics and both of them are under the political pressure. The intention of Iran is obvious Iran is going to decrease quantity of dollar payments by replacing them the payments in the new crypto currency. I think that it is positive news for the whole crypto market that another one country us going to join to the crypto market and keep in mind that Iran is a quite rich country which can contribute on evolving crypto technoligies.
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Topic
Board Economics
Re: Bitcoin value
by
dev9t9ok
on 30/07/2018, 22:08:05 UTC
So, in any game there are losers and winners and, certainly, trading is a game which adults play in. Let us remember 2017 year when amateurs were winners especially who sold own bitcoins on the highs. You are right that bitcoin has some weakness comparing with other coins but in the current moment of time there is no alternate for bitcoinand it is not just my non-professional opinion because there are bitcoin futures on CME where professionals trade. I am sure that professionals are much more experienced than we are and, of course, they know the situation much better. Consequently they would not work with bitcoin if bitcoin were so bad asset.
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Topic
Board Economics
Re: The Reason For Creating a New Cryptocurrency?
by
dev9t9ok
on 30/07/2018, 21:36:08 UTC
Well, it is not an offense that participants and companies issue their own tokens, coins and do an emission of cryptocurrencies. In this case it is private money which can be compared with shares on a stock exchange. I know why you have asked this question because everybody in the modern world have got used that everything is evalued  in dollars and we do not face with private money at all that is why we do not understand reasons of creating much currencies because actually we have only dollar as a currency and we do not have experiences of having plenty of currencies in a typical life.
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Topic
Board Economics
Re: Brexit, UK food jobs & cryptocurrency
by
dev9t9ok
on 30/07/2018, 20:21:27 UTC
Well, you have made a nice research. I even have not thought from this point of view about BREXIT. Generally speaking I thought about the other effects from BREXIT. As far as I know UK is one of the financial centers of the world and it is evidently that BREXIT will affect on UK in the worst way because UK will probably lose its leader position in the financial world. I am observing the pair GBP/USD which is telling me that traders are selling GBP. It means that they consider that BREXIT is not a good choice for UK
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Topic
Board Economics
Re: Different between Cryptocurrency and Banking sectors
by
dev9t9ok
on 29/07/2018, 22:02:04 UTC
Living in a developing country I can say with a full confidence that a bank deposit is not safe as it seems to be as well as a bank deposit does not cover the real inflation. In a developing country a bank can become bankrupted without returning deposits, of cource, there is the insurance system but this system usually does not work properly. What about the inflation, there is the low inflation which is printed publically but the inflation in real life is much more. I usually estimate the level of real inflation by looking at the cost of fuel because in my country it is a perfect indicator.
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Topic
Board Economics
Re: Cryptocurrency could benefit the world's economic welfare?
by
dev9t9ok
on 29/07/2018, 21:42:41 UTC
I am sure that this news is very positive for us and the market situation because two greatest countries (USA and Canada) are thinking about using crypto technologies. I think that it is a very positive signal for us that crypto technologies will have the great future. Just imagine what will there be on the crypto market in case of using crypto tehnologies on a country level. I think in this case most part of coins will soar th the new historical highs and I am ready for this scenario by holding ETH and BTC.
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Topic
Board Economics
Re: Evolution of Money
by
dev9t9ok
on 29/07/2018, 21:26:07 UTC
Usually the theme about the history of money is described in any good and comprehensive economic book but actually there are not so much people who read the similar books and know the history of money so it is nice that somebody have written the brief article which decribes and explains this theme in a simple way. I consider that it is very useful information for every trader to know about the money history.
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Topic
Board Economics
Re: Isnt it time to give up cryptocurrency ranking
by
dev9t9ok
on 29/07/2018, 21:14:45 UTC
If really, I have not understood your idea completly. Crypto technologies are just technologies and everybody can use them by its own intention that is why there are so much various coins on the market. I do not consider that it is wrong because every coin is a particular technology, a project or a company and this situation is similar to the real life where thare are a lot of various business and companies. Of course there are high ranked coins like successful companies in the real life as well as there are low ranked companies like less successful companies in the real life.
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Board Trading Discussion
Re: Learning day trading
by
dev9t9ok
on 28/07/2018, 23:15:10 UTC
Wow, you are successful in a day trading it happens rarely that not a professional trader is a successful daily trader. In your case it makes sense to pay for a commercial channel because you are probably talented and it need to improve own skills by learning from more successful traders. May be some time later you will teach us something new or share your ideas and feedback about a commercial channel.
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Topic
Board Trading Discussion
Re: Bitcoin Casino Question
by
dev9t9ok
on 28/07/2018, 22:41:09 UTC
A casino is a very profitable type of business but there are a lot of obstacles and troubles when managing your own casino. I think you would better to have a talk with a real manager of a casino which may explain you all dificulties and aspects if managing a casino. I do not know exactly how many bitcoins do you need to have to maintain a casino because it need to calculate a quantity based on a business plan.
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Board Economics
Re: When bitcoin prices rise up the market also will
by
dev9t9ok
on 26/07/2018, 21:24:10 UTC
Actually as we can see now bitcoin has been growing for the last several days but there is no influence on the altcoins because the nearly all altcoins are in stagnation so far. Well, it means that now we should distinguish the growth of bitcoin from the growth of the whole crypto market and this distinguish has become quite sufficient especially if we have a look at the spread between BTC and ETH (in percentages)
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Board Economics
Re: When will smartphones used for bitcoin mining?
by
dev9t9ok
on 26/07/2018, 21:16:10 UTC
Well, your idea is interesting but I think that actually it is impossible to implement from commercial and technical points of view. Modern smartphones have a good performance but batteries which are located in phones have too small capacity for high loads that is why nobody research and develops such projects. Expenses for the development are high but outcome is I think this theme will be actual when somebody invents a very capacity battery.
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Board Economics
Re: Be greedy when others are fearful...
by
dev9t9ok
on 26/07/2018, 21:09:38 UTC
Buffet is a very clever and prominent person but it seems me tha the often has some inside information before making investing decisions but anyway I respect him very much. It seems me that he describes 2 stages of market. The first in is an oversold stage where you need to buy to reap some later and the second one is an overbought stage which is usually named as ephoria where you need to sell all your assets before a crash or a deep correction phase.
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Topic
Board Economics
Re: Investors continue to invest in crypto-currency
by
dev9t9ok
on 26/07/2018, 21:02:57 UTC
I think that it is normally because in the current moment of time there are not so many attractive assets which an investor can invest in. The stock market is overheated gold  is in a correction bonds are under the pressure crude oil is unpredictable in the current moment. Bank deposits are too boring. Real estate requries the knowing about the market. Well in the current situation crypto market looks very pretty and perspectively because it is possible that crypto market will begin growing after finishing the bearish trend.
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Topic
Board Economics
Re: Greediness leads to market manipulation.
by
dev9t9ok
on 26/07/2018, 14:38:56 UTC
Yes, such things happen sometimes but we should understand that it is impossible to do if you have small amount of money so only "big traders" or funds can manipulate a market price. It is much easier to manipulate assets which are small capitalized and of course such a manipulation is very profitable but it is quite dangerous and it is possible that it is out of law
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Topic
Board Economics
Re: Facebook shares price fell -24%
by
dev9t9ok
on 26/07/2018, 14:34:28 UTC
Wow! Generally speaking it was predictable because as far as I know the institutional investors and smart private investors did not buy the shares from NASDAQ and S&P500 on the highs because it was obviously for everybody that shares were overheated. Companies are still buying back its own shares but it will be over soon I am sure that a trader who opens a short position on NASDAQ or S&P500 just in time of inception of falling will earn much but it need to be carefull because any short position is very dangerous.
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Topic
Board Speculation (Altcoins)
Re: Eth Worth $30. Is it possible?
by
dev9t9ok
on 21/07/2018, 23:00:36 UTC
I am a holder of ETH and I am not going to sell ETH. Yes, ETH is not the best asset right now on the market but I am waiting that ETH will begin growing. I do not think that ETH will be 30$.
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Board Trading Discussion
Re: Massive loss 40% underwater
by
dev9t9ok
on 21/07/2018, 22:57:30 UTC
It is experience which you have acquired by paying quite much. There are two ways. The first one is to leave from market and forget about investing. The second one is to stay and try again. There is a nice advice for you that you need some time to get relaxed and forget about everything to begin from a clean sheet again.
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Topic
Board Trading Discussion
Re: Two important strategies in crypto trading
by
dev9t9ok
on 21/07/2018, 22:51:40 UTC
I am going to disappoint you because there is no magic and almost all traders gets bankrupt in the long run. I know that there are professional traders who are successful but we talk about typical traders.
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Topic
Board Trading Discussion
Re: Buy Token When Bounty Hunters Sell They Coins
by
dev9t9ok
on 21/07/2018, 22:47:31 UTC
It is a nice approach on trading although it is quite risky. I did the same. Sometimes it was successful but sometimes it was not. Well, before making any bought you should investigate the potential of a project to be sure that you buy a good company.