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Showing 20 of 195 results by francis2
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Topic
Board Economics
Re: FINANCIAL TIPS
by
francis2
on 02/07/2018, 23:26:38 UTC
Really, I don't see anything good in saving fiat money now. I rather save some of BTC or ETH or some altcoins. Fiat money is a passed stage for me Smiley

Saving fiat money is a good idea after all it is not like fiat is going to disappear tomorrow or anything, if you are not sure in what to invest then saving in fiat is a good idea until you take your decision, now if you already know in what you want to invest then it is the moment to take action and do it especially if you want to invest in cryptocurrencies since the current prices will not last forever.
Post
Topic
Board Bitcoin Discussion
Re: Do whales really control the market, or is that a myth
by
francis2
on 02/07/2018, 23:00:26 UTC
Is there any evidence that these mysterious 'whales' really control the bitcoin market, or is this a myth generated as people try to understand why bitcoin prices go up and down?
We do not really need proof, if you take the time to look at any market in which some players have the majority they will try to fix the game so they always get profits, it is simply human nature, and so it is obvious the whales are going to try to get benefits no matter how the market moves and if that means bending the rules a little bit then they are going to do it.
Post
Topic
Board Speculation
Re: Bitcoin, the highest fall in the year 2018
by
francis2
on 02/07/2018, 22:41:50 UTC
Even experts think that bitcoin will never touched down 5,000$ mark but it really happened anyway. So be it, because that's how it takes to be in crypto and i'll just take this time the opportunity to buy a small part of it. And if experts' prediction will be true that it will hit 30,000$ this year, then that'll be the signal of bitcoin's steps towards 10,000$ value.
There are a lot of people claiming to be experts in the field and they are not, it is very easy to say you are an expert on the Internet where you do not have to even show your face, people need to stop being this naive if they keep believing the word of everyone that calls himself an expert sooner or later they are going to lose their money to scammers.
Post
Topic
Board Economics
Re: ROI biggest opportunity - BTC / ALT?
by
francis2
on 02/07/2018, 22:01:35 UTC
At this time when Bitcoin and crypto tethers on the bring of bull run or a
Recovery from its languishing around $6k should we be concentrating
more on BTC rather than ALT's?

If most people are here for the medium to long term outlook isnt is BTC
which will provide the biggest ROI?
If what you are looking for is to get the maximum profits you can get then you need to invest in altcoins that are relatively new and that have a low market cap, think of it in this way, who can grow more in terms of height a 5 years old or a 15 years old? It is obvious the younger and smaller kid can grow more because it has more potential left.
Post
Topic
Board Trading Discussion
Re: Day trade is more a lucky thing or skill
by
francis2
on 02/07/2018, 21:46:57 UTC
I don't think it's a lucky thing , it's all about your skills, your predictions.
People that think that day trading is about luck do not really know what they are talking about, they are just excusing themselves by their lack of skill by claiming that everyone that earns money through day trading was just lucky, that is their way to defend themselves and not to take responsibility for their actions, lack of experience and skills.
Post
Topic
Board Speculation
Re: Don't lose your faith in BTC.
by
francis2
on 19/06/2018, 04:17:45 UTC
Of course I will never regret and lose my faith in bitcoin. Bitcoin are still young and starting to introduce it's price also showing bitcoin force in just to early. Every year bitcoin price are getting higher and higher. Expect that it will exist for long term.
There is not really a reason to lose your faith at all, however it is very unlikely that we are going to see bitcoin getting a new higher price, so this year is going to be very difficult since many people will in fact lose their faith in bitcoin and will sell for a very bad price.
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Topic
Board Speculation
Re: Bitcoin has now gone 173 days without a new high.
by
francis2
on 19/06/2018, 04:10:29 UTC
"Bitcoin has now gone 173 days without a new high.  Longest streak ever was 1,176 days (from Dec 2013 to Feb 2017)." So I came across this fact on twitter, and checked obviously (always DYOR haha) so what do guys think this says about BTCs current position, or what it does for the much anticipated bull run. We know that Mt. Gox "helped" make that previous streak a reality, and current conditions are not even similar, there is much more awareness and players. But do you think the the overhype that took it to 20k and its followed drop for the past 6 moths (which caused major disillusions) , will make it more difficult for BTC to reach new highs?

 
It is unlikely we are not going to reach a new all time high before that but I keep thinking it is going to take at least a year and maybe even more time to see those prices again, so people need to really prepare for the worst scenario, if you cannot hold your coins for that long then you are probably going to be unable to get any profits in this market.
Post
Topic
Board Economics
Re: Bitcoin's price is so volatile right now! Why should I even hold?
by
francis2
on 19/06/2018, 04:01:51 UTC
With the price of Bitcoin being so volatile should we ever consider buying or even holding if we have bitcoins?

What are your thoughts??? What should we do??

As it stands today at this moment, the Bitcoin volatility index reads:
4.57% the latest 30-day volatility estimate
3.54% the latest 60-day volatility estimate

The bitcoin volatility index for present day can be seen at: https://btcvol.info/

My opinion of bitcoin longterm can be investigated here in this post titled "Hacks & puppets & forks - how to destroy bitcoin": https://bitcointalk.org/index.php?topic=1834310.0
If you can't trust yourself then do not make investment with bitcoins. Making investment with bitcoins is for strong hands only. You can't grow your investment if you do not have a lot of patience and knowledge.
You need to trust in bitcoin as well, after all if someone only invested in bitcoin because he thinks he can make money and not because he believes in the potential of the technology then that person will never get as much profits as someone that believes in bitcoin, so if a person does not believe in bitcoin that person should not be in this market at all and should invest in something else.
Post
Topic
Board Trading Discussion
Re: day trading for quick profit
by
francis2
on 19/06/2018, 03:02:29 UTC
Hello any suggestion for trade every day and make good profit ? like 50$ day.
i think the best pair are BTC USDT ? is possible to trade only this or need difference the crypto ?
If you want to achieve those results I think that the first question needs to be how much money are you willing to invest because obtaining 50 dollars each day in a regular way is not that as easy as you may think, second it is better that you trade in several markets, after all sometimes a market will not move much while another market is moving like crazy.
It is already clear that the majority of users of crypto-currencies are accustomed to receive a large income and at the same time make a minimum effort. Therefore, everyone is trying to make a choice in favor of investment or long-term trade. Daily trading has fewer and fewer preferences.
Investing for the long term is a great way to get profits with little effort but at the same time there is space in my opinion for day traders, since the volatility of the market is perfect for them and if they are able to predict accurately what it is going to happen and what direction the market is going to move then making huge profits is entirely possible.
Post
Topic
Board Speculation (Altcoins)
Re: Social media bounties are worth it or not?
by
francis2
on 12/06/2018, 03:00:19 UTC
Social media bounties are worth it or not?
To your experience what was the approximate profit for that per month or maybe estimated can do.
Social media campaigns pay very little compared to signature campaigns and even worse there are many more participants, so unless you are willing to dedicate a decent amount of time to try to become a social media hunter then you are not going to get a lot of profits and it will be better if you did something else, but the best way to find out is by trying it yourself.
Post
Topic
Board Economics
Re: Beliefs about money and wealth
by
francis2
on 12/06/2018, 02:53:37 UTC
I thin that success comes only with failures in form of experience. Just like any other field, trading also requires the user to have sufficient experience. Even if you have a lot of knowledge about the strategies used by successful traders, experience is necessary. Otherwise, you will be risking a lot of money.
Experience is critical for example you can read books about performing magic tricks all what you want but if you do not begin practicing and performing for your friends you are never going to improve at all, trading is the same you can read all the books you want and while that is a good thing at some point you need to put your knowledge to test.
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Topic
Board Speculation
Re: What/who make the price of bitcoin
by
francis2
on 12/06/2018, 02:43:14 UTC
Hello everybody, I am new to the bitcoin and bitcointalk forum. I just wonder what/who make the price of bitcoin, and what does it depend on?
No one controls the price of bitcoin. Its price suddenly changes because of the supply and demand system. Bitcoin increases in price when many are using it, many needs it and many invest on it. But its value will go lower if many will sell it.
Since it is a known fact that whales are able to manipulate the market, one might be inclined to say that some people do control the price of Bitcoin. What is fact, is that whales only go the far of jostling the prevailing market price by way of their huge volumes, but like every altered state of equilibrium, the market normalizes sooner or later, which goes to assert that market forces are what determines what price Bitcoin turns up.
Whales have some control over how the market is going to move but even them cannot control the market as they wish that is why you see them waiting for the right opportunity to try to manipulate the market, as soon as we get positive news from the developers you will see the whales pumping the price and using their connections to create positive articles about bitcoin.
Post
Topic
Board Altcoin Discussion
Re: Keep these things in mind when you are into crypto world
by
francis2
on 08/06/2018, 19:49:54 UTC
A lot of scams in a cryptoworld and if you didn’t make any effort to study the project you’ll be a victim of scam, let’s keep our money always on the safe side even the risk is high.Must check press release, team member detail, contact them before investment.
It is unfortunate but the amount of scams in the world of cryptocurrencies is not decreasing but it seems the number of scams is going up instead and that bothers me but there is nothing to do this is a free market and people are free to create as many projects as they like what people need to do is to stop investing in all of those projects just because they promise they are going to surpass bitcoin.
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Topic
Board Speculation (Altcoins)
Re: Coins with price lower price has more chances to moon?
by
francis2
on 08/06/2018, 19:19:02 UTC
I don't think so, they only offer bigger profit in situation if price will go to the moon cause other aspects make price going up so i can't agree with that statement.
Of course that coins with a lower market cap offer better possibilities that they moon, look at bitcoin do you think it is going to the moon soon, it is the best coin we have but its price is very high already, but a coin with only a few million in the market cap only needs to reach a few hundred million in the market cap to give you incredible profits.
Post
Topic
Board Economics
Re: Stanford University Business Full-Time Cryptocurrency Course
by
francis2
on 04/06/2018, 23:04:43 UTC
Waoww what an incredible step, as i heard,in Turkey, a few university will add blockchain to their annual education programme.
This interesting and a great development, I really think that bitcoin is going to be similar to the Internet the ones that are going to adopt it are the young people, that doesn't mean that older people are not going to adopt it is just going to take a lot more time and it is possible they never get used to it, so we need to get to the young and a good place are universities.
Because it's  either we like  it or not the world is shifting towards digital world and the currency system will  become a cryptocurrency that's why some  University will already shifting towards the study of cryptocurrency and the technology behind it in order to prepare our youth to be totally understood  about crypto currency.
Change it is almost inevitable and we are either left behind or we adapt to it since we are here it is obvious we are going to be part of the revolution that cryptocurrencies will bring to the world, but there are many people that think they can avoid it and they are going to find out the hard way there is no escaping this revolution just like what happened with the internet.
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Topic
Board Speculation (Altcoins)
Re: Is $900 a realistic prediction for ETH by EOY?
by
francis2
on 04/06/2018, 22:44:18 UTC
I want to know what you guys think  Huh Is $900 realistic? I bought at $900 so I'm hoping I just break even. I don't really think it will hit back to $1000 because of the short pumps and whales taking profit repeating.
Ethereum will hit $ 3,000 by the end of this year, remember my words. You underestimate cryptocurrency too much, my friend.
No you are dreaming too much, 3000 dollars by the end of the year is simply not possible, we all know that ethereum is a great coin and that if you want to have a good portfolio you need to have that coin and hold it for a very long time but we cannot be that optimistic, the price of 3000 is never going to be reached before that date but it may be reached in a few years.
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Topic
Board Speculation
Re: be careful what you wish for
by
francis2
on 04/06/2018, 22:20:57 UTC
Why does it look like most people wish for Bitcoin to crash?  Huh Huh Huh Huh Huh Huh Huh
Because they want to get bitcoin at the best possible price this is especially true for those that missed investing in bitcoin when it was very cheap and for those that have large quantities of bitcoin and do not really need to cash out now and even if the price crashed they will still have great profits, but for the rest of us another crash will be very bad news.
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Topic
Board Speculation (Altcoins)
Re: Ethereum 2k in 2 months?
by
francis2
on 04/06/2018, 22:08:08 UTC
Do you think eth can reach 2k usd in 2 months time?
Ethereum is one of the very fast developments of Altcoin but if within 2 months can reach 2k I think it's a bit difficult. Maybe Ethereum could reach 2k by the end of this year. Let's wait until the end of 2018.
$2k in two months is very unlikely, because now the market price is recovering slowly and now the market can not yet stabilize to the highest position. But although ethereum can not reach $ 2k in 2 months but by the end of the year ethereum still have the potential to reach that price.
Exactly it seems that most of the people posting those kind of predictions are new people that got spoiled due to the recent growth in the market that we saw in the last year if you have been in the market for a very long time you will notice that the market has a tendency to not move much for some time, then to grow significantly and then to crash.
Post
Topic
Board Economics
Re: Bitcoin Bloodbath to End
by
francis2
on 01/06/2018, 21:31:33 UTC
Great, because a lot of people have lost their money since the beginning of this year. Now let them have the opportunity to get their money back.
I am not so sure that many of the people that lost money are going to come back for seconds with just a slight recovery of the market, think about it those that are getting bitcoin right now are the ones that invested before the previous bubble and that are still in profits despite the huge crash that we witnessed, everyone else that was a first time investor at that time is probably out.
That is always the problem they end up having. They leave by selling at loss and then the market recovers, they feel it is just another sham and then the market keeps going up and they join FOMO over and over again. Is it not absurd that people can be thinking in the same way and expecting to get different result ?

It is happening always to see a downtrend in a market and if they are not happy because they bought at the top, they should buy the dip to cover up, but indeed they are looking for short term investment and not long term.
It is completely absurd but that is the way people are, instead of concentrating on learning the most about the market and about investing they got the FOMO and invested not thinking of the consequences, when anyone that has read even one book about investing knows that the moment where everyone is buying is not the moment to follow like a sheep that is the moment to sell.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin the success ladder.
by
francis2
on 01/06/2018, 21:01:47 UTC
Bitcoin has so far been a hope a way to be rich in short time bitcoin has given us the opportunity to archive your dream people who started investing in bitcoin in the start of bitcoin now could be seen on the sky enjoying their victory and appreciating themselves for the right desicion they took on the right time.
i was too young when bitcoin started if i could go in past i will be buying millions of bitcoins what do you think
But you cannot do that so it is useless to think on something like that you need to concentrate on what you can actually do, and even if you cannot buy bitcoin anymore for a few cents there are many coins out there that you can buy and if you select the right coin it can be entirely possible to get similar profits like the early investors got back in the day.