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Showing 20 of 360 results by logan16j
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Board Economics
Re: Long term argument for bitcoin
by
logan16j
on 22/09/2018, 15:30:53 UTC
I think for the long term bitcoin does have a very high potential, but to achieve this there will be many cliffs and valleys that will be formed meaning that it requires strong mental and confidence to be able to benefit long-term bitcoin.

Yes you are right, the market prices is based on supply and demand so you should always think positive or read different speculations that will make your confidence stronger to hold you coins and that is how you will be gaining profit in tough times like now.
In my opinion, total supply and demand only determine the temporary price of bitcoin. Most importantly, market capitalization, declining capitalization means lower bitcoin prices. If the cap is 10 times higher, the lowest bitcoin price will increase 5 time
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Topic
Board Economics
Re: LIFE GOES ON.
by
logan16j
on 21/09/2018, 14:43:33 UTC
> Looking at the present state of the market, it could be very disheartening. But one thing is certain is that blockchain technology has come to change our society.

It really is disheartening especially if one of the founders of one of the cryptocurrencies in the world says the growth has stopped. What can we do now? Nobody forced you to invest money here. What you can do is stop grieving for your losses and scammed funds and move on. If you think the crypto world doesn't suit you, leave. There are better opportunities out there. Smiley
I believe that out there will be no better chance than bitcoin. A potential coin for the future, you're right they are losing money by scam ICO projects. New projects are increasingly fragmenting capitalization and the price of bitcoin can not rise sharply, but it is the ICOs that are developing this market
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Board Altcoin Discussion
Re: Long-term investment.
by
logan16j
on 21/09/2018, 13:46:08 UTC
For today, long-term investments are the wisest strategy in the crypto currency market. Personally, I invest all tokens in the long run
Long-term investment is only suitable for those who have little time to study the market, it is usually for individuals with free capital. In my opinion, only 20% of assets are for long-term investment, which limits your capital to other plans
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Topic
Board Economics
Re: The Real Reason to Hold Gold And Bitcoin
by
logan16j
on 20/09/2018, 14:57:50 UTC
In my opinion, Gold and Bitcoin both have similar characteristics in terms of price increases, we can expect prices to soar because of public demand in bitcoin and altcoin. Bitcoin increases or reduces costs bluntly as far as to increase or decreasepopular for bitcoin.but holding bitcoin will return more benefits even in less time.
I think bitcoin gives me more opportunities than gold, investing in bitcoins this time is the best, when their price is low $ 6500, earning 10% profit from bitcoin is much faster than gold investment
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Topic
Board Altcoin Discussion
Re: Do you trust ICO Rating sites?
by
logan16j
on 20/09/2018, 13:49:13 UTC
Now many ICOS campaigns are over and trust ICO Rating sites are really hard to determine as good and safe. Because i see a high-priced campaign to deceive the community. But there are low quality ICOS Rating sites but very good quality.
To me, that's just a very rare occurrence. An ICO that is underestimated by sites rated  is usually scam ICOs, the sites judged on a specific basis to comment an ICO and I believe they are always right.
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Topic
Board Economics
Re: Gold & Silver are safe than bank deposits ??
by
logan16j
on 19/09/2018, 14:08:45 UTC
If there is no other option like crypto, I will deposit money to the bank. Gold and silver are obviously safe in terms of value but not safe in storage, i'm so afraid thieves break into the house.
I'm sure the security in your country is very bad, and for my country, the bank is worse than thieves. In 2008, one-third of banks announced closure, again in 2017 half of which declared closure. There are so many people losing big money with the bank, with me nothing safer than gold and bitcoin
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Topic
Board Economics
Re: Friends reactions to crypto currencies?
by
logan16j
on 19/09/2018, 10:45:28 UTC
I was questioned on crypto currencies legalization. I explained the facts happening around. Few received it with convincing reactions and few just ignored it. I really felt bad for the guys who did not care about crypto currencies as I really know the fruitfulness? I happily taught few others about crypto currencies. What was your friends expression when you introduced bitcoin to them?

On average, my friends accept this positively maybe because of my friends who are engaged in the IT field so they know the ins and outs of BTC itself, maybe you should see who you are talking to when we talk to people who have no interest in that field then it will be very difficult to make them accept new things and learn them
Moreover, I joined this market thanks to a friend from abroad. I know them and recommend to my friends, they are teachers, university lecturers. I get the same credit from them and we are working together in this market
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Topic
Board Economics
Re: Investors continue to invest in crypto-currency
by
logan16j
on 18/09/2018, 14:40:40 UTC
Investors continue to invest in crypto-currency start-ups, participating in the primary placement of tokens (ICO), despite the growing regulatory pressure.
Over the period from January to May 2018, ICO raised a total of $ 11.8 billion, which is twice as high as the same period a year earlier ($ 5.5 billion), according to the Wall Street Journal, based on the data from the ICOBench.com platform about 900 transactions.
The ICO market continues to grow, despite tightening regulation, including from the SEC, as well as regular reports of fraudulent transactions and a general fall in the prices of crypto-currencies.
$ 11.8 billion is too small for this market, we need $ 500 billion for stable prices. Market capitalization is too low for bitcoin to rise today, and right now the FUD is going strong and people are afraid of bitcoin.
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Topic
Board Economics
Re: Are fiat currencies necessary in the world?
by
logan16j
on 18/09/2018, 10:12:36 UTC
in the future, will there really be a need for fiat currency? Government can collect taxes in crypto, determine how to allocate it, and spend it in crypto. Ppl can receive salaries and do all commerce using crypto. Loans can be done in crypto. Fundraising can be in crypto. Sure, problems have to be worked out in terms of scalability, does it have to be completely decentralized, etc, the value has to become more stable. But theoretically, is there any reason to have fiat in the future?

It has been established that governments can now do taxation without representation by printing more money (which is a tax on everyone holding the currency), instead of trying to get a bill passed that allows it to increase the tax rate. With crypto this would be no more. All increased taxation would have to pass a vote.

From an economic standpoint, the idea that a country can stimulate its economy by adjusting interest rates is tenuous. There is just as strong an argument that lowering interest rates has caused speculation and bubbles, with calamitous results. In a crypto market economy, capital will flow from where it is needed less to where it is needed more.
Fiat coins are absolutely necessary, for example if you spend with bitcoin and its value changes hourly, it is totally unreasonable. A fiat currency supported by the government is needed at the present time
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Topic
Board Economics
Re: How did Crypto help you out?
by
logan16j
on 17/09/2018, 14:24:57 UTC
This question is especially for those who have been into crypto for a long time. How did cryptocurrency help you, most specifically financially? Did you earn more? Gain more investment? I do have a friend who wants to get into crypto but he does not have a lot of savings in his bank account or any major investment. I told him to save more before getting into crypto because they still have mortgage and car loan to pay. Do you think crypto will help him out to?
Crytocurrency helps me lose my money. Yes, yes, I entered the market from March following an invitation from a friend, I joined $ 4000 and now my account is $ 500. I lost $ 3500 to get a lot of experience from the deal
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Topic
Board Bitcoin Discussion
Re: Your investment strategy?
by
logan16j
on 14/08/2018, 23:17:56 UTC
Hello all.

The current situation of the market is not so good. I believe that some of you are panic, some are giving up, some holding to die.  Cry

Could you please share with us your current investment strategy so that everybody can learn from your good practices and overcome this tough time?


to this time to be will only enter the length to bitcoin and the small share and out the bitcoin by each level for the room discount, but the altcoin, do đó, tôi should begin short and the transaction day. you can see that the field variable is currently continued and highly problems and its parsing by the well, the bitcoin will be able to continue the reduce adjustment light in the last to the restore.
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Board Trading Discussion
Re: Is it a good time to start buying bitcoins?
by
logan16j
on 14/08/2018, 23:09:20 UTC
Im a newbie both in this forum and the cryptocurrency subject, so I had been reading a lot and studying in the last couple weeks.But I still have some doubts. I always see people saying that there is a bubble in the bitcoin market and that there are many people who own big ammounts of bitcoins and can manipulate the market, so i dont know if now its a good time for a person who doesnt own any bitcoins yet to start buying then (i planned to hold them for a long time, not trading beetwenn exchanges) or if i should wait more. I also see fear about corrections and dont know well how those work and if they have an specific time to happen. Anyway, sorry for my bad english and thank you for the replies, even though I know im te only one responsable for my money.
I think you can buy bitcoin at this point and short term trading, you can see that the market is fluctuating continuously and bitcoin prices are continuously adjusted down, the bitcoin price is now down to $ 6000 And this is a very strong support level so the bitcoin price will likely rebound. So you can buy bitcoin at this time and trade short term.
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Topic
Board Trading Discussion
Re: Day trading and heavy manipulation
by
logan16j
on 14/08/2018, 23:00:46 UTC
I have been day trading Bitcoin for a few months now. Overall I'm pretty much making nothing and losing nothing. It seems to me that there is no logic at all to the market. No matter how much research you do, how much you look at the technical's and how much you try to hedge you absolutely can't predict the massive dumps that happen every day. They appear out of nowhere at random times and drop the market by $200 - $300 at a time.

This smacks of huge manipulation of the market. They are making it impossible to trade with bitcoin in any way other than a pure gamble. Anyone else noticing this?
You can see that with the current market situation you should only trade short term and trade on bitcoin, the market is in a bearish long run so if you invest long term the risk will be very high .

In order to be able to successfully trade the day, you have to analyze the technique accurately, combined with market information and make a transaction plan that can reduce the risk.
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Topic
Board Trading Discussion
Re: Bitcoin now below 8000 time to buy now
by
logan16j
on 14/08/2018, 22:53:55 UTC
Bitcoin is very low today even 7700 buck...do you think is good time to buy now or will more lower and crash to 3000 buck...very difficult to predict...what do you think... Who t f is selling on this price.....?....
I think you can buy bitcoin at this time if you think the bitcoin price will be able to recover over the $ 8000 mark, you can see that bitcoin prices have been falling steadily over the past few days and after falling to 5900 $ has recovered slightly to $ 6000, but I think that with a weak buying power at present, bitcoin prices will probably continue to fall sharply at any time.
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Topic
Board Trading Discussion
Re: Day trade Vs HODL
by
logan16j
on 14/08/2018, 22:47:38 UTC
I have been a fan of Hodling because you really do not have to do anything, just buy some tokens and wait. maybe it is time to learn trade in a bearish market
I think you should only trade the day at this point when the market is bearish in the long run. You can see that bitcoin prices are constantly adjusting and have continued to fall sharply in the past few days, the price of altcoin is very strong. So I believe that at this point you should only trade the day, you can only hold when the market rises.
You can see that at the moment the bitcoin price has dropped to $ 6000 and according to my analysis this is a very strong support level and bitcoin prices will be able to turn up and sharply increase in the short term. So I believe that this time you can start buying bitcoin and keep the short term. The market will recover to $ 7000 and you can sell bitcoins in this area.
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Topic
Board Trading Discussion
Re: Should I stop trading in this bear market?
by
logan16j
on 14/08/2018, 22:39:13 UTC
Trading is like an addiction, but this bear market seems will be very long. Bitcoin is going to under 6k USD, ETH is now 262 USD, Almost 80% coin fell down. I can't make profits at this moment in trading, Because after getting a little bit of profit, the market again goes under, then another coin eats my profit too. What should I do now?
I think you should not continue to invest at this point, you can see that the market is fluctuating continuously and very hard to guess, bitcoin prices are constantly adjusting and falling very strong, which made the price of altcoin fell very deep. Therefore, I believe that at this point you should not trade to minimize the risk.
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Topic
Board Economics
Re: Will the bitcoin be outdated by another currency?
by
logan16j
on 13/08/2018, 21:22:22 UTC
My answer to the principle is: NO

Bitcoin is money, the value of money is built on confidence, tradition and security, attributes that Bitcoin offers easily. The analogy between Bitcoin and social networks is completely incorrect, people think that Bitcoin is an myspace that will be replaced by facebook. It turns out that Bitcoin is money and not a social network, so this comparison is completely wrong.

Most of mankind's wealth resides in vaults for hundreds of years, so the circulating medium is derisory close to it. Why are we going to need fast, no-fee coins if we can use paper money and banks? Bitcoin's purpose is to be a safe asset, scarce and superior to gold. What is behind Bitcoin is the fact that no politician can steal you through taxes or inflation, there is nothing safer than Blockchain and Bitcoin. So far no technologically superior currency has emerged to Bitcoin to the point of provoking an abyss between technologies and will hardly emerge.

BUY BITCOIN TODAY AND ALWAYS.
I think that can not happen, you can see that bitcoin is currently the most important coin in the crypto market, its price has dominated the market, only a small adjustment can make the price of altcoin fluctuations are very strong. So, I believe you can invest in bitcoin in a long time and always have a specific plan.
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Topic
Board Trading Discussion
Re: Bitcoin now below 8000 time to buy now
by
logan16j
on 13/08/2018, 21:15:03 UTC
Bitcoin is very low today even 7700 buck...do you think is good time to buy now or will more lower and crash to 3000 buck...very difficult to predict...what do you think... Who t f is selling on this price.....?....
As far as you can see right now that was not the best time to buy because if you would by there you would be suffering right until today, and only God knows how many time we will be struggling from now.
I think you should not buy bitcoin at this time, you can see that bitcoin prices have been dropping sharply over the past few days and are now adjusting around $ 6300. This is a very weak support so the bitcoin price will probably continue to drop sharply at any time, you should be patient to buy bitcoin at $ 5800 and should not buy bitcoin at this time.
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Topic
Board Trading Discussion
Re: HODL vs Day trading
by
logan16j
on 13/08/2018, 20:58:50 UTC
if you choose to day by day trading your profit will possible to lose better Hold and exchange when the price is getting high
I believe you should not choose hold at this point, you can see that bitcoin prices are constantly fluctuating and adjusting very strongly, bitcoin prices are in the bearish cycle in the long term, so you will damage very big if hold.

At this point you should only trade the day to make the profit with the least risk.
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Topic
Board Speculation
Re: Why we will see $50k Bitcoin end of year
by
logan16j
on 13/08/2018, 20:40:07 UTC
100k by 2020
I do not think that can happen, you can see that the bitcoin price after reaching the $ 20000 mark has been steadily decreasing, the market is in the cycle of detention in the long term, so I believe It is impossible to recover the card. It will take many years for the market to recover just like gold in previous years.