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Showing 20 of 60 results by melfwaz
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Topic
Board Trading Discussion
Re: Trading Bitcoin at this moment is right?
by
melfwaz
on 24/12/2018, 07:43:34 UTC
I feel trading at this moment is not right and waiting is better
Some people are still making profit at this time, so maybe you can do the same only if you can follow the right strategy. Early this week the price started going up and it reached $3,800 yesterday and this morning it has dropped back to $3700 again after so many people has tagged it as bull run, lol. I hope it’s bull run for real.
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Board Altcoin Discussion
Re: What if the ICO projects pay the bounty hunters in bitcoin only?
by
melfwaz
on 12/12/2018, 08:16:34 UTC
Do you think paying bounty hunters in bitcoin or ethereum a good idea so that there is uniform payment among the participants? What is your thought about this? Maybe this is the first step to turn back the trust they lost because of mostly valueless coins they offered. What is your thought here guys?
This is what most bounty hunters want because there are many projects after the token distribution, the value not achieved as promised. Paying bonuses with Bitcoin will help bounty hunters become more active with their work.
Actually there are a lot of benefits to the team members of the project. They from the start cannot pay in BTC or ETH as they themselves need money for to start the project and in the end they want to pay in their token as they want us to use their coin and to be the community of them
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Topic
Board Economics
Re: New investor and prices
by
melfwaz
on 06/12/2018, 12:02:35 UTC
If we have less new investors, so the prices tend to fluctuate less? How much dependent of new investors the prices are ?
The increasing number of new investors the demand will increase, but this also has a negative impact, namely if investors have different knowledge and understanding and investors who have not fully understood the risk of crypto investment will destroy the value of crypto.
new investors that has no knowledge about cryptocurrency and blockchain someday could contribute in price dumping.and it happen at this moment.many weak hands selling their asset after seeing market crash.
For preventing it to happen and to secure the market we have to start to train the new investors and have to educate them for the whole market and past and future of the cryptocurrencies then they will also be the stronger investors of the Bitcoin and they will not lose their money and will not help the whales to dump the market.
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Topic
Board Trading Discussion
Re: The market is so positive (100% HODL)
by
melfwaz
on 22/10/2018, 11:13:45 UTC
That's really great news for long-term holders like me. I really enjoyed reading this news because it made my spirits soar. you know, Mercedes and BMW are also aiming for Bitcoin payments. I think their purpose is to hold Bitcoin in the long run to improve profitability every year.
Yeah I agree with this. We should hold our coins for long time because the market these days is not good for making good money and we should wait for some time till the price rise more. If you have good trading experience then you can make handsome money from day trading, then no need to hold your coins for long. Long holding is for those people that do not know how to trade effectively.
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Board Gambling discussion
Re: What is the highest lost you have made as gambler?
by
melfwaz
on 18/10/2018, 08:11:39 UTC
the highest lost that i've made as a gambler is 50$ , actually for me it's a big amount already so that was the biggest amount i lose in gambling and that time i was so frustrated but as days passed by i still go back to gamble.

Losing hard earned money is so frustrating. In general 50$ is not a big amount for regular gamblers. As you consider it as big amount, my advise is to stay away from gambling. You can lose more than that in a matter of time.

$50 is not a big amount if that person can use $100 for playing gambling. But still, everybody doesn't want to lose the money even for the small amount in the gambling. They will realize that they are spending too much money on gambling, but then, they are losing more money than they can think. So if you still want to play gambling, then you need to limit the amount, for example, you only use $25 for playing gambling, and if you lose all of $25, then you need to get away from gambling.
I am not a regular gambler but seldom gambled with my friends. I remember that I lost about 3500 of my local currency which is about $30 dollar in today’s price. In that time this was big money for me. I was very upset but I think that if try to get back my money from gambling I might lose more money. It is better to quit gambling and never come back.
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Board Economics
Re: Who controls the market?
by
melfwaz
on 17/10/2018, 12:02:45 UTC
I think they are Bitcoin holders. These are the people who will manipulate the market to enrich themselves. Unfortunately, our market has not included the SEC to protect investors. So the manipulation always takes place, we need to carefully consider before investing.
Yeah they are bitcoin and Altcoin holders and you should know who can hold big quantity of bitcoin and Altcoin. They are only big investors and big companies. They change the price when they want. Small investors cannot do anything about this because the keys of crypto market are in their hands. That why most of the investors lost their money. Manipulation destroyed cryptocurrency.
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Topic
Board Economics
Re: What would happen to banks?
by
melfwaz
on 16/10/2018, 08:10:52 UTC
Banks are going to stay but will eventually change significantly, guess to a somewhat extreme extent, totally unpredictable for now.

Once people start putting more power in crypto (i.e. laws of math) & each others and less in traditional mechanisms of trust between financial counterparties, a paradigm shift in society's mind would become inevitable.
In my opinion banks will have to accept cryptocurrency for their survival. If they do not use crypto in the future, they will disappear from the markets, because people are withdrawing their money from their bank accounts and putting in banks because banks use people’s money for themselves and give nothing or very small profit to customers.
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Board Marketplace
Re: Cryptocurrency market to suffer from strong correction
by
melfwaz
on 15/10/2018, 11:33:22 UTC
Does anyone know when this crisis will end???
I think there is no palmist in this forum because only they can say something about the future. How can one know when will this bearish situation ends? I know only one solution and those is when we all put our money in crypto and motivate and convince others to invest in crypto especially in bitcoin, the market cap will increase and by this way this bearish situation will turn into positive.
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Board Marketplace
Re: THE FUTURE FOR THE ELECTRONIC MONEY MARKET
by
melfwaz
on 11/10/2018, 12:30:26 UTC
I believe that ICO is an excellent opportunity for the development of many businesses that for various reasons can not get the capital to start. And scammers they are everywhere and they need to fight.
Platforms from ICO has really made a lot of business start with a excellent boost so it is really a good opportunity for all those who want to start a business with potential plans and lack in terms of capital. This is a plus point for bitcoins as well thr world related to the cryptocurrencies.
When you have money you can start any business and I think that cryptos have provided the opportunity to earn big money for our future. if somebody has crypto trading experience then there is no need for him to start any other business. Crypto trading is enough for earning huge money because the coming years will be good for crypto as well as for traders.
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Topic
Board Marketplace
Re: I can I predict the Dump and Pump of the price?
by
melfwaz
on 06/10/2018, 10:53:08 UTC
Hi I want to ask how can I predict the Dump and Pump of the price of the market? How can I earn with the Pump of the price aside from hodling, trading, joining some bounty and how can I also earn with the Dump price in the market?
You can’t predict when there is going to be a pump, never mind all these people that keeps on claiming they can predict price while they can’t even predict sh!t.

You just need to be trying your luck at every time, invest whenever it seems the price is about to rise up, and if it doesn’t work then you can withdraw your money and wait for another time. Or if you don’t know what to do, just invest your money when price is low and leave it there till price increase.
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Topic
Board Gambling discussion
Re: You cannot win in gambling
by
melfwaz
on 06/10/2018, 09:57:20 UTC
You can win in gambling is you know when to stop. You need first to set your goals. How much profit are you looking into and do you have funds to start with. Once you reached your goal, walk away. You also need to set a stop loss, its your protection against sudden change of trend and price goes down again.
Right, if you can stop after losing, or if you can set up a limit before a game, you can win in gambling.
The right way in my opinion for gambling is to fix a time for gambling but not in online gambling because I think that online gambling is totally loss of time and money, and never accede that time limit. Don’t be panic you lose or win and quit when the time ends. Never overdue in continue gambling so that you will never go in debts and can cover your deficits if any.
Different people play different games but one thing is common that all lose. I don’t understand who win this money? If gambler thinks about it he will quit gambling because the winner is always casino and online gambling sites. Gamblers will never win. I admit that sometimes they win but finally they lose all the money. It is better if you win a quit without continuing.
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Topic
Board Economics
Re: The basis of being a poor- how little or how big?
by
melfwaz
on 02/10/2018, 09:55:50 UTC
the definition of poor for me is when they are difficult or unable to fulfill their daily needs. daily needs are directly related to money and economic conditions so that poverty will not be separated from the circulation of money
You are not poor because your parents were poor but because you want to remain poor. There is no doubt that you will become rich if you determine to your work. If you are hard worker definitely you will be successful in your life. Luck is also a factor which can change your life, but it is not everything. You cannot blame your luck if you do not succeed in your life.
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Topic
Board Speculation
Re: Bitcoin (BTC) down $200
by
melfwaz
on 01/10/2018, 11:30:29 UTC
Although bitcoins is highly volatile we can see that over the last 6 months the trend of bitcoins price is not what investors would like. It seems that bitcoin may in the future become a legitimate currency but with the trend of the price of BTC so far it is more likely to stay that way or dip further yet bitcoin has paved the way for other cryptocurrencies and this could be a major turn point for other applications that cryptocurrencies can offer.

Are you optimistic about the price of bitcoin ?

Do refer the links below

Source: https://cointelegraph.com/news/crypto-markets-drop-sharply-ethereum-loses-weeks-earlier-gains
            https://charts.bitcoin.com/bch/chart/price

Bitcoins will never go down to $200 dollars, that is the reason why you should invest even more in order to make more profit in the market while it was still low.
It certainly would not. Every market will always have a stretched point whether we like it or not, and the way the market has been behaving lately showed bitcoin has really reached that stretch point.

We recently saw the way the bears were rejected and then all of a sudden a pretty good bullish rise immediately after and now we are trading above the $6700 resistance with the hope of breaking the $6800, so I would say there could be some good move in coming days.
In my view $200 difference in hours is normal now in the price of bitcoin. In the morning when you see the price it will be $6200 and after some time it will up to $6400 and after some time or at the evening it will again drop $200 to $400. Now this difference in the price is not a big change for investors, but traders can take advantage of this small volatility in the price.
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Topic
Board Economics
Re: Blockchain future
by
melfwaz
on 01/10/2018, 07:39:43 UTC
The future of blockchain? It will be applied to everthing. From payments to consumables to businesses. Look at all these projects emerging anywhere from different countries. All are racing to be the first on what they are achieving. It is the newest business in town and as more and more countries and governements recognize cryptoccurency, the more people will invest into it. Especially when ETF will be approve, we can expect another inflation. My best advice is not to sell any tokens or coins you have right now as we are considered to be the pioneers in cryptocurrency. We are only a few in numbers compared to the total population. We have a huge chance to get big profits.
Yeah it is right; in the future blockchain will take over the whole world. Gradually people come to know about this currency. It is fast growing technology and I think that it will be the final technology of this world. There will be no other technology come after blockchain. Because blockchain will take long time to hold the market throughout the world.
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Topic
Board Economics
Re: Blockchain future
by
melfwaz
on 29/09/2018, 08:07:07 UTC
Simply put, via blockchain does not need time when making transactions. Because, in a transaction there is usually a third party that bridges the process. For example bank or Paypal. What's more, blockchain is the technology behind Bitcoin. "All this time transactions carried out by both parties require intermediaries from third parties who act as trusted parties, such as banks. With Blockchain technology, transactions can be carried out directly between the two parties without intermediaries which can be a point of failure. That's just one blockchain application in the financial industry and in the future it will be broader for various industries such as health, supply chain management, oil and gas, government, and more.
Blockchain is the fast growing technology in the world. One of my friends is doing his Ph.D. in blockchain technology. Now you can understand that knowing this technology is not easy, even governments do not know the features of this technology and they are investigating this technology. When they understand it, then they will allow it in their respective countries.
Yeah I have heard that blockchain has unique features and it will bring revolution in the world. People who know about this technology are waiting anxiously for this technology. Everything related to technology will change. The current technology will be covered by blockchain and I think that blockchain will remain till the end of the world. The whole world will change with this technology.
As I heard blockchain will take over all current technologies. The whole world will use only blockchain in the future. Different governments of the world are investigating blockchain technology and when they complete their research, they will their people to use this technology. I think in the near future we will see blockchain technology everywhere in the globe.
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Topic
Board Gambling discussion
Re: Really! Where is the fun at?
by
melfwaz
on 28/09/2018, 10:19:22 UTC
I think the fun in gambling is putting  a certain  amount of cash and getting the amount in certain multiple  rate,  gambling is fun when you win either in real casino or online.  The part where you lose is usually  the bitter experience ,  most especially if the stake is high. 

If people play for fun then it is fine but the moment they want to just make money from gambling either on site or casinos is the destruction which could happen and can destroy them self and the relations ship with others as they will need money to keep playing.

No one is even saying they should not play for fun, but if we really want to be realistic with ourselves, just like the OP said, there is actually not much of a fun when it comes to online gambling and apparently, most people at some point will find out they are simply playing because of the money.

Of course, we may have some exceptions, but it would be rare. This is something we sure know can easily be seen as fun at least for those who are in a real casino.
Of course winning money in gambling is real fun and the purpose of gambling is this that you win some money and when you do this you will feel enjoyment and will be happy till the next lose.
Some people are looking for fun in online gambling but I think online gambling still has no fun and only the easy way for gambling. Online gambling is just a facility and not fun.

If you just wan to gamble for fun, you should never play online gambling, because online gambling is just a waste of time and money and there is no fun in online gambling. To enjoy gambling visit a regular casino and enjoy the whole night but never accede your gambling limits. Casinos are the permanent place for professional criminals.
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Topic
Board Altcoin Discussion
Re: Is crypto a danger or an opportunity?
by
melfwaz
on 27/09/2018, 11:36:36 UTC
Crypto has given a lot of changes to our modern world and its potential is still full to be opened in the whole way. There are a lot of tasks of crypto like saving of privacy, giving new working places and so on. But is it right to consider that crypto will replace usual economics because it has more advantages and potential for the future? I support crypto but I have some doubts about its possible negative future because it could be the danger for some countries that have some serious problems in this sphere.
Opportunities and dangers coexist, whether for us investors or for certain countries. crypto is not mature enough now. It is very difficult to challenge the traditional economic system. The development of crypto is bound to require a long process to be successful.
Yeah! More like opportunities and risks, which is left to you as an individual to identify the two and be able to make decisions pertaining what you ended up observing. However, crypto may not be matured now, which I believe is glaring anyway, but that does not mean as time goes on, it won't end up getting matured in the long run when we start seen mainstream adoption and real life usage kicking in.

The opportunities are far more than the risks involved, but as long as there are still some risks, it is always good never to discard them when making any investment decisions.
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Topic
Board Speculation
Re: When will the price of cryptocurrencies be stable?
by
melfwaz
on 24/09/2018, 06:41:58 UTC
I believe that this market has never been characterized by great stability, because unlike institutional markets, the crypto market has been much more susceptible to experiencing large inflows or outflows of capital according to the rumors or the emotional aspect of the investors.

And personally I do not think this will change much in the medium term, because the decentralized aspect of the market prevents it from being intervened by regulatory authorities that prevent the speculative manipulation of prices.

i think this is the characteristic of this digital currency a not stable due to unpredictable market as the price can swing anytime. Maybe in the future if the circulating supply has been spread to millions of holders around the world then this will not easily dumps or pumps with those whales.
There is no stability in the prices of cryptocurrency. It is the nature of cryptocurrency that it will never stable and if the prices would stable people would take no interest in investing their money in cryptos. Cryptocurrency is like stock exchange investment and as the prices of a share does not stable, the same is here with cryptocurrency. There will be volatility in the price every time.
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Topic
Board Economics
Re: Friends reactions to crypto currencies?
by
melfwaz
on 22/09/2018, 11:52:56 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?
I introduce bitcoin to my colleagues and friends and I get high sympathy. They accepted me to borrow money for initial investment, then they contributed capital to me and entered the market from early January until now they are losing 80% of their assets. I feel remorse for my kindness
Most of my friends do not know about my investment in cryptocurrency and most of them do not know even the name of cryptocurrency. It is also confidential, nobody tells anybody about his investment because he will know about his financial position and in our society having big money is also a problem. Somebody will kidnap you and ask for money.
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Topic
Board Speculation
Re: When to buy more? wait till 6000 or 5500?
by
melfwaz
on 22/09/2018, 09:19:55 UTC
I think the right position to buy bitcoin is even more. You can open orders at the price of $ 6000 because I think it is very difficult now to be able to reduce prices to $ 5500 again.
It is coin business and in any business you will to take some risk. Don’t be panic and go ahead to buy some bitcoin today, because if you do not take risks, then bitcoin investment is not for you. You should invest in some regular business. You need dare to bear the loss due to fall in the price and patience to bear this kind of situations of the market. Be cool and positive about the future of bitcoin.