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Showing 20 of 54 results by nitammys
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Topic
Board Economics
Re: Triple Bottom Reversal
by
nitammys
on 27/06/2019, 11:50:07 UTC
Of course you're right. No one should be relying on the past performance to judge what is going to happen in the future. But I already see a lot of people that are doing that. There are lots of people saying that they are trusting on Bitcoin because they believe that it is going to repeat the same thing that happened in 2017. They are saying all these thing knowing fully well that anything can happen. That the price manage to reach twenty thousand dollars in 2017 doesn't mean that we should be expecting the same thing to happen this time around, it might be different. But whatever… Let's always hope for the better.
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Board Altcoin Discussion
Re: The best platform in the crypto industry? ERC20 or Other?
by
nitammys
on 21/06/2019, 10:24:10 UTC
With many metrics, it's clear that Ethereum is one of the best blockchain projects on the market. However, there are many concerns throughout the industry about the problem of the Ethereum scale. As the number of applications on the network continues to grow, the network has been hit by slow transaction times and higher transaction costs, which has even led to the impending death proclamation of smart contract platforms.
While Ethereum focuses on fixing scale problems, and I think there are several platforms that bet on both of them taking their place as the number one smart contract platform.

Is the ethereum platform always the best in the crypto industry market? and how confident are you about this? give the reason.
Blockchain is still a new thing so it still growing and we don't know where it is really heading to. But one thing I'm very sure is that people will continue to develop things that are much better than Blockchain. Each one has its flaws and there will be people that will decide to be out just to develop a platform that will be to tackle that particular problem and nothing else. So believe me it doesn't just end here, many of them will continue to roll out every day by day.. For now we have the ones we have and they can only be considered the best till we see the new ones that are able to compete face to face with them.
Post
Topic
Board Currency exchange
Re: Im looking to buy btc as well as legacy coins
by
nitammys
on 01/12/2018, 07:44:43 UTC
we can do face to face cash , or escrow through top 5 attorney. we can do 1-1000 coins per day. have buyer for legacy coins as well any interested seller post with your criteria or contact me torpedohost@gmail.com. please serious sellers only Ill provide all the details proven buyer we completed several transaction already

thanks

I don’t know about legacy coins although I have also seen others mention, but I haven’t taken out time to know more about it. But that’s not my problem, the only problem I have is why is it people that do this are only newbies? All of the people I have seen today talking about buying BTC and other coins they mention are just newbies. Nobody trust newbies these day and that’s the problem.
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Board Altcoin Discussion
Re: How can we protect ourselves from scam?
by
nitammys
on 01/12/2018, 07:07:38 UTC
Being very careful, that's the only thing needed to avoid falling victim to scams, put strong and secure passwords, always double check the links where you are and do not download something that does not come from a reliable source practice is to follow the indications of windows now that I think of it
If we will stay a longer time in the crypto communities and stay in connection with the expert people and ask from them about any of our step in the crypto investment or other things then gradually we will learn that how to stay away from the scammers in this place. We also have to go through all the news about the blockchain and the projects related to it.
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Topic
Board Economics
Re: Which industries don't need blockchain?
by
nitammys
on 17/11/2018, 07:23:40 UTC
Making use of the blockchain technology is a thing of choice and we are not the ones to tell whether it’s going to benefit any company or not, it’s all left for them to carry out a meeting and know if the Blockchain tech that is being said will in any way benefit their company or organization. I have seen a lot big companies that backs projects that has to do with Blockchain but don’t make use of it.

Maybe journalism? At least not the entertainment news media outlets. It might be beneficial to hard-hitting news, but I'm not sure if it will be a good thing for the newspaper and the people.

I think it would especially be great for the media and the people. Decentralized news websites would eliminate fake news. It would be resistant to censorship and verifiable, while ensuring accuracy and transparency by using incentives.


Lol, you’re confused. The comment you replied is saying that the Blockchain technology won’t benefit/work for journalism and here you are saying that it will be a good thing to be used in the media please how exactly are we going to make use of the blockchain technology in journalism? It’s not a must that companies will make use of blockchain and its not even necessary.
The industrial sectors which are related to agriculture are not so much optimistic about the currency and have its roots in the traditional way of doing business. The underdeveloped countries might not feel the need to adapt it so soon.
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Topic
Board Trading Discussion
Re: How to learn cryptocurrency day trading!
by
nitammys
on 22/10/2018, 10:30:17 UTC
Hello everyone.

I have tried day trading couple of times and that didn't go well, I am looking for some tutorials or books which can teach me about day trading and I wanna know how traders understand the graphs for trading.
Yeah I've googled it but didn't find that much good info, so I'm trying to hear from you guys who might have tried different processes.

Try to watch the coin movement in 15 minutes, 30 minutes, and one hour and take a look at how the movements. That range of price is useful to determine to the movements. But you still learning to detect the coin moves and sometimes we are difficult to predict. It's not easy to do that, and it's normal because you will need more practice so you can know where the coin wants to move. Try with the cheap coin but have medium movement until you can find a way to enter the market.
You mean that you have tried your best to understand the techniques for successful trading but didn’t succeed. Now you have one option and that is, you should search for an experience crypto trader and learn from him the tactics and skills for understanding the graphical data for daily trading. It is not too difficult but also not so easy. Don’t make any abrupt decision about selling or buying.
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Topic
Board Gambling discussion
Re: Do you find Success in Gambling?
by
nitammys
on 20/10/2018, 08:11:12 UTC
I never find anything positive towards gambling because gambling is just for time not for money making the machine. I never consider gambling is another source of income because the chances of making money are very difficult and sometimes addiction will also kill us on our expenses.
If you make survey in the world, you will find nobody saying that he has won lot of money in gambling and assumes it a good thing for making money. Gambling is not a business where you can make money. It is a way of losing money easily. Some people search for shortcut of making money and they choose gambling for solution which turns totally in vain.
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Topic
Board Marketplace
Merits 2 from 1 user
Re: What kind of growth would last? Quick growth or slow and steady growth?
by
nitammys
on 18/10/2018, 08:46:04 UTC
⭐ Merited by streazight (2)
We had a huge pump in 2017 which did not last for even 2 months. But look at the growth trend from February 2018. Though the price fall of bitcoin was drastically huge, it just stayed above $5000 which should be noted closely. I like this growth trend and wish this continues. Such trend will seriously bring in strong and healthy investors into the crypto market. We would certainly and undoubtedly reach minimum $25K by end of 2020 not falling back to below $20K. Kindly bring out your thoughts on it.

My thought is that bitcoin really bubbled during December 2017 and we all know that those parabolic rise we saw is not going to be sustainable so eventually it crashed and we even witnessed it bottom at around $5800. Well right now we can call it stabilizing around the $6000-$6500 which is a good indication that at least the crash has halted and its time to wait for another break out run. We should now look at 2019 because I don't think that we can see another big leap in the price at the end of the year.
Slow and steady wins the race; it is perfect here in this market. We have already seen the consequences of abrupt growth which ended in collapsed and downed thousands of investors. I think that slow and steady growth is long lasting and the investors will be happy with slow growth especially bitcoin traders. When the price moves up every day, they can also make good profit every day.
Slow and steady wins the race. It is natural that slow growth is forever and sudden growth is always not according to usual things. When you try to climb in hurry, there are many chances that you collapse but if you climb gradually and carefully no chance for collapsing. The same is here in crypto market. If a price rise with rocket speed, it will collapse like rocket.
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Board Trading Discussion
Re: What are the trading tips for newbies...
by
nitammys
on 10/10/2018, 12:33:58 UTC
I have done some bounties and now my wallet has few tokens balance. So I need to know about trading. I searched and learned some points of trading. But I think my knowledge of trading is not enough for trading with this unstable market. So can anyone give me advises about trading. Or can anyone post some links of articles to read about trading charts. Thank you....
In my view you should spend some time with a crypto trading expert instead of reading books and articles about trading. You will know better how to trade affectively. Try to gain knowledge and skills of crypto trading as soon as possible. Never be impatient and take no early decisions about your holding. Own wrong decision will take all your money in minutes.
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Topic
Board Gambling discussion
Re: Does convince people to enjoy gambling is a wrong idea?
by
nitammys
on 10/10/2018, 11:27:56 UTC
No its not a wrong idea to convince people in gambling but at the same time, if you will convince people you must give some advice to them like don't be too greedy or have self control like that. If you just convince them and there are some problems that will occur onto them, it can be your fault if they lose because you convince them.
Yeah it is right and I agree with this type of convincing. I think that convincing people for regular gambling is a worst thing and it means that are going to become a source of producing bad people of the community. We all know that some regular and addicted gamblers become criminals to get some money for their gambling. You should avoid people from gambling.
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Board Speculation
Re: Crypto Market Will ‘Absolutely’ Grow 1000x and More
by
nitammys
on 06/10/2018, 11:57:45 UTC
Changpeng Zhao, the CEO of Binance better recognized as CZ, has said that crypto still has room to grow by more than a thousand times in the years to come.
What you think about this news?... News link( https://www.ccn.com/binance-ceo-zhao-crypto-market-will-absolutely-grow-1000x-and-more ) from ccn.com

The price of the market will obviously increase even more since the growth of cryptocurrency or bitcoins is on a fibonnaci sequence.
Absolutely. The market is really growing every single day and year and for what it is worth, I would not expect it to lag in growth at least not anytime soon. A lot of people must have mentioned that this could be impossible due to the nature of the market cap and the volume by then, but then, I really do not see how this can be impossible as long as new coins are being created every day, there gets to be a value for it and so on, but I guess only time will tell.
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Topic
Board Trading Discussion
Re: So I want to get into trading.
by
nitammys
on 03/10/2018, 10:52:16 UTC
Obviously, I need BTC to get in but it seems like everything is high right now.  Should I wait till BTC is < 2k? Or ETH < 200? I'd like to get in and start trading alt coins.  But for me to maximize my profits in USD I need to wait till BTC is at a reasonable cost.  Or do you guys see it climbing to 3k in the next couple of months?
I just wish they will take me back to last year June when the price was at $2k plus I wouldn’t even trade, as long as I’m sure that the price will rise to $19k by the end of the year. What I will do is buy at that rate of $2k and HODL till the end of the year and sell once it hits $19k.

But not everyone knew that last year. Same as what is happening now, people are complaining and withdrawing their money, I won’t be surprised if they price of cryptocurrencies suddenly gets pumped again.
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Topic
Board Speculation
Re: Directional price forecast countdown chart
by
nitammys
on 27/09/2018, 10:50:02 UTC
What do you think of this?

I want to make a chart that shows a directional prediction of BTC/USD

left is value going to BTC and right is value going to USD

the chart is always pointing up because (to the moon psychology!)

the prediction will show forecast for the next few hours and new ticks will be over lade until the timer runs out

then a screen shot will be taken to show if the prediction was a correct forecast and it will go into a catalog of previous forecasts

and the next forecast starts and the process repeats.

the prediction will be made from center of gravity indicators measuring different levels while the forecast will calculate each levels curve

then the levels will all be added together and the forecast will be glued to the price at the time of the market forecast snapshot

while the forecast completes the timer will countdown and the new ticks will be appended on the chart in real time!


I have never seen the likes of this chart in my life and I wonder how this is really going to end up working fine for market decisions anyway. Most times, unless you want to be making some quick short term decisions, this would always be very hard to guess how the price should move, when some conditions of the market may not actually be favorable and in those times, how will you be able to implement your stop loss? Maybe I am confusing things, but I would love to see how this really works in real life.
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Board Economics
Re: Blockchain future
by
nitammys
on 26/09/2018, 12:21:34 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.
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Board Marketplace
Re: LOOKING TO INVEST MY LIFE SAVINGS NEED ADVICE
by
nitammys
on 25/09/2018, 09:22:15 UTC
I advise you not to spend all the money you have to buy crypto mining equipment, I think there are still a lot of investment activities in the real world that you can do like for example you can invest in property because in my opinion the selling price of property will be increasingly increase and of course it will be very profitable.
I will suggest you to invest your money in different coins like bitcoin, ethereum, Ripple etc because these are the best coins in the cryptocurrency market and highly valuable. You can make huge profits from your investment in the near future. It is also good to keep half of your money with yourself and invest half in cryptocurrency because of the uncertain conditions.
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Board Trading Discussion
Re: My Views on When to Sell
by
nitammys
on 24/09/2018, 06:29:13 UTC
In my opinion, only long-term holdings and instant selling of two options, when I start long-term holdings, I will not pay attention to market trends, and when I trade every day, I will not hesitate to sell!
Long term holding is not for traders because they will have to trade for making money. Long term investment is for those who have no experience of trading or they do not have time for trading. They can only buy and hold their coins for long time and when they realize that the price is quite good now and they can make money while selling their coins then they should sell their coins.
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Board Economics
Re: Will future paper money disappear?
by
nitammys
on 09/04/2018, 10:52:09 UTC
With the development of cryptocurrency, more and more places accept bitcoin. In the future, will paper money disappear, and the money that people earn will be given to you in encrypted form, and the purchase will be paid in encrypted form?
Please give your opinion.

I think paper money will never disappear. Paper money can be used by everyone without needing internet system. internet system won't be available everywhere and forever, that's why cryptocurrency won't replace paper money. all they can do is reducing the circulation of paper money, replace it to fiat money. less cash, not cashless like what is happening in Scandinavian countries.
Even if it does not disappear entirely now, I am still very sure that a time will come when there would be limited usage for it. I cannot say much for countries that may have some limitations as regards to internet and technology, but for most developed countries and even some developing countries, things are already getting cashless, and I believe as time goes on, with this new generation taking over, it would be hard to even find paper money in circulation.
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Topic
Board Altcoin Discussion
Re: Wow Eth is basically at November's price.
by
nitammys
on 09/04/2018, 09:00:28 UTC
Do you think we will dip under 400 usd? At the same time, a lot of Ether based alts are actually holding their ground. Now THIS, I don't think I have seen before.So what can be the explanation for what's happening now? Thoughts?
Yes, it must be a good opportunity for all the people who have missed the last buying points which would have taken them to $1000 levels. Fortunately both bitcoin and eth are giving enough buying opportunities for traders and holders to buy at relatively lower prices. That must be really a good thing.
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Topic
Board Gambling discussion
Re: Walk of Shame
by
nitammys
on 09/04/2018, 04:52:52 UTC
A lot of gamblers experience that. You are not a legit gambler if you didn't experience the walk of shame.  I saw a lot of people experience this and I don't want it to happen to me. What I am doing is to separate the money for daily needs and gambling. I will not gamble on the money that I needed, I will only use the money I can afford to lose. One of the gambling addict told me that and I practiced it ever since.
No. A lot of gamblers do not, but all unserious and indiscipline gamblers do. Everyone is bound to have that pulse to just keep going ahead and trying to push harder as you keep telling yourself it is for a good reason and no one has ever ended up coming out of it well at all. Walk of shame can happen to those who see gambling as an opportunity to get rich overnight by pushing their luck, but it does not work that way unfortunately.
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Topic
Board Economics
Re: I want to invest more of what I don't have (money)
by
nitammys
on 07/04/2018, 18:09:31 UTC
I think literally every person in the world wants to invest more than they have but you can't do that in real life. You gotta know your limit, and stay within it. Also if you did have some cash, would you put it all into crypto? That doesn't seem wise in the slightest mate. I would choose freedom over slavery to the crypto markets anyday.
Yes, knowing your limit will always help you to cut your coat according to your size. I feel it is generally in human nature to get greedy, but at the same time, one would start tending towards a whole lot of risk with the OP's kind of thought.
Normally, no one need to go big, and you can just go as little as you can depending on what is affordable and also keep in mind it is a risk being taken with anything happening. I would not even put too much hope in alts right now.