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Showing 20 of 24 results by oicieffive
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Topic
Board Economics
Re: Is Bitcoin now the biggest bubble of all time?
by
oicieffive
on 11/12/2018, 07:47:28 UTC
Bitcoin still traded and i think thats indicating bitcoin is not a buble. I think its called buble if bitcoin price become zero and no one trade bitcoin anymore. Its true that bitcoin price drop and many investor moan about this but i think its very usual in any market that the price always volatile
A simple logic indeed, we need to see bitcoin to completely disappear so that bubble thing will proven, as long as bitcoin still exist and there's still people who's willing to buy and trade from this industry the journey to success being an alternative currency still exist and bubble claimed can't be proven around,
invest taking your own assessment and make your own analysis so things will be just fine in your future goals.
I also some time think that why people say bubble only to Bitcoin while all of the assets do fluctuations in price and sometimes these grow bigger in value. That is with Bitcoin. It is also an asset like others and the fall and rise in price also occur in here.
Post
Topic
Board Altcoin Discussion
Re: Are you dreaming to launch your own coin?
by
oicieffive
on 08/12/2018, 11:40:08 UTC
I wish to have a project of myself and will start a bigger business with that project to give a support to this community but it need some more time to learn much more and skills and experience as a smaller mistake will make me lose my project. So right now I am working with others projects and are supporting them.
You must be doing right. Learning is the first part of any successful business hence you are already doing what launching your own coin is needing. Yes, any small mistake also will lead to big losses as this community will mark your bitcoin as scam coin. Preparing yourself well in advance for managing your own coin will get you definite success.
Post
Topic
Board Altcoin Discussion
Re: Warnings for token hodlers
by
oicieffive
on 07/12/2018, 08:05:00 UTC
We are in the final quarter of the year
Everyone should be at alert now, lots of projects will suddenly collapse, pump and dump,with plans to collect people's btc and ethereum and cash out money for the end of the year
Then they will run away and get away with funds.....

 A word is enough for the wise


What are you talking about? Do not talk like you understand it all. As you say, there is no real good project at the end of the year? Give evidence before concluding something. Angry
  In my opinion the end of the year is a beautiful time for good projects to begin. I participated in many projects last year, and most of them were successful.
I also not in favor of him as the investors invest in the projects of those people who are legit personalities and who have past experience. People invest only in those projects about which they know that they have a great potential. Now people are very intelligent they leave away the lower potential projects so how will they grab the money of people.
Post
Topic
Board Altcoin Discussion
Re: seling or holding your altcoin ?
by
oicieffive
on 06/12/2018, 11:09:32 UTC
as price is going down what is the best stredigy for for altcoin

If you are confident in the potential of your altcoin, then it is better to continue to hold your coins for the future. After all, now prices are at a minimum level, the sale of cryptocurrency is a disadvantageous solution. Therefore, it is better to hold the coins and wait for the gradual price increase.

I agree with this opinion. And I want to add that if you're risky, I'd advise you to try to sell at a loss and buy for the better price!  It's not easy, but if you can, you'll get more profit!
I do not think that anyone have to do it as any time the price of Bitcoin can boost up like the previous year so in this case he can lose his money. It is advisable only for those who are expert traders and who can predict from the start that where will the market go now.
Post
Topic
Board Trading Discussion
Re: Should I stop trading in this bear market?
by
oicieffive
on 24/11/2018, 09:41:56 UTC
I believe that a good investor/trader has the ability to deal with any kind of situation arising in the market. However, not investing and trading is a wise idea if the situation is out of his control and understanding. If someone is willing to take a risk by trading out of his comfort zone then he should be ready to deal with the consequences arising out of such decision. However, never blindly follow others opinion because they don't have the complete picture and understanding of your skills, knowledge, experience and understanding.
Small investors don’t need to get panic, firstly. Second, don’t put your money on stake by selling due to panic. Keep your minds and hearts strong. This is just for a short time, it will jump soon.
Post
Topic
Board Trading Discussion
Re: Learning to trade
by
oicieffive
on 24/11/2018, 06:13:42 UTC
Do you have a trading strategy that you adhere to? How often do you trade? Do you use stoploss and take profit? If you answer these questions, I can help you.
in trading we do not have any strategy, everything goes with an observation system, we always make observations and start trading simulations, and do not do any trading as long as we do not really understand the situation that can affect the value of crypto currencies, because we do not fall in trade, so learn and always ask teachers and friends who understand the crypto world, I think that's just our way of trading.
Well I think you are on wrong path. Who says we don’t have strategy. A trader does nest get anything if doesn’t know who to handle the disturbance. He must have plan according to which we have to move.
Post
Topic
Board Speculation (Altcoins)
Re: When Bitcoin goes $50k (x10) what Altcoins will go x1000? Millionaire Thread
by
oicieffive
on 22/11/2018, 09:57:35 UTC
With every sale I buy more.Perhaps the wait will indeed last a long time.Given the pace of development, I hope for a quick recovery.
This is like you buy and store for the worst time. Because you now know the importance of the coins which made people roll in millions, many wise people are investing and saving for the boom to get the maximum out of fit.
Post
Topic
Board Economics
Re: Price stability
by
oicieffive
on 22/11/2018, 06:50:38 UTC
No price boost as of the moment but instead we got price decline.

It is seen very difficult that bitcoin price will stable in future and crypto volatility is high so it is now allowing crypto to recover and it is very difficult to say that it will recover so price some time stable and some time market shows fluctuations but an how the market is good for trading now.
Its not difficult for me to say that it will recover because I believe that it will but I can't tell on how long does we have to wait for that time.
I think we must be confident about bitcoin. It always been shooting up once down for long. As much it says at down, the more pressure with it comes after. So be hopeful and don’t lose your heart.
Post
Topic
Board Speculation
Re: Market still stagnant!
by
oicieffive
on 21/11/2018, 10:21:10 UTC

  The market still on stagnant situation due of its high volatilization on which can affect the instant changes of the prices of some currencies. Thus, the market was facing this huge struggles, we have to hope and keep optimism to deal this kind scenarios.
Yes it is stagnant and for the revival, we have to wait longer rather than staying impatient which causes nothing but chaos. So better hold on to your coins and stay optimistic about the revival of the market which could be anytime sooner next year.
Post
Topic
Board Economics
Re: ADVANTAGES OF INVESTMENT USING BITCOIN
by
oicieffive
on 21/11/2018, 07:43:47 UTC
decentralization of crypto especially bitcoin will be able to help many problems that occur in every country. such as fiat forgery will not occur in crypto which has a special and unique algorithm. Crypro will also help the economy of the community and also keep away from the economic crisis and inflation in the country
This is something new, but it no doubt makes it easy for you to make investment in the traditional market or in the crypto market using Bitcoin as money. It saves the transaction cost and other things that you have to pay for if you do  not use Bitcoin.
Post
Topic
Board Economics
Re: Do you use cryptocurrencies in your daily life? Are they useful?
by
oicieffive
on 20/11/2018, 09:43:31 UTC
The cryptocurrencies is the part of my life because i do some trade and some investment online , my position is only computer attendant so my salary is not enough to my daily need and because online is my work i find a useful earning like crypto and im so thank this. I use crypto to send remittances in my family and i pay some bills using bitcoin . Thats why im still continue to find another coins that can help me to earn more .
Gentleman like you, there are hundreds and thousands of people who are earning from bitcoin and fulfilling their needs. I am one of them. I am earning from bitcoin and became independent.
Post
Topic
Board Trading Discussion
Re: What is going on in the market?
by
oicieffive
on 20/11/2018, 08:10:25 UTC
The market is still red, it is still falling. There’s no specific reason about its situation right now. A simple person cannot explain why all cryptocurrency are falling.
There is always a reason for every situation that hovers over the market. In case of cryptocurrency, there are many reasons famous among them is the rules and regulations being imposed by different countries on the use of the technology and many unobserved reasons as well.
Post
Topic
Board Trading Discussion
Re: Trading from a mobile application on Android.
by
oicieffive
on 17/11/2018, 07:57:16 UTC
Why should I use my smartphone to trade while the laptop is just in front of me? If you say "Yes, but when you're outside?" When I am outside I have better to do and it will wait I come back home. I won't bother to use an android app to use while driving or walking, with a small screen, shit connection, or unsecured one, etc... No thanks, I don't need an IoT life cloud based!
Exactly. For me, I am always more concerned about the security of the portfolio and for that purpose I use laptop or PC and not a mobile phone which is very easy to hack and control by others.
Post
Topic
Board Speculation
Re: Will bitcoin stay relatively stable and become a stablecoin?
by
oicieffive
on 16/11/2018, 06:21:40 UTC
Just a thought when looking at the candle chart. I believe it would be possible when total funds are huge enough.
It could be possible once bitcoin has been adopted by a significant amount of people around the world, but what we're seeing now is nothing more but a phase that is transitory, we are seeing the price of bitcoin being more stable than normal just because people are afraid to invest in it, but as you can see it seems the volatility is coming back to the market because the price of bitcoin has gone down 9% in less than 24 hours.
Although huge speculations are made, and everyone is thinking with its own perspective but what I think is, it will take long and long time for bitcoin to earn a currency status. Good luck.
Post
Topic
Board Economics
Re: Fidelity just made it easier for hedge funds and other pros to invest in crypto
by
oicieffive
on 13/11/2018, 12:10:47 UTC
There's a chance the recent decline in bitcoin's price we've witnessed is linked to this development. Hedge funds and whales could be pushing the price of bitcoin down to create an entry point for themselves to buy in.

It's possible hedge funds are accumulating. Funding rate on Bitmex flipped positive into the dump with high open interest, so someone was buying the dip in a big way. On Bitfinex as well, lots of shorts closing and longs opening. Here's some interesting discussion on how the bigger players at Bitmex roll.

It's unlikely to do with the Fidelity development though.

This could represent another indication bitcoin is hitting the prime time, although without the vast leaps in price valuation many of us expected. Perhaps we still might still see a price spike around black friday and christmas holidays?

Hedge funds have been trading the Bitcoin markets for a few years already, so I don't see anything fundamentally new here. I think $6,000-$7,000 looks like a bullish accumulation range, but it's anyone's guess really.

Data points on their infrastructure utilizing cold storage reminded me of xapo storing bitcoin in nuclear bomb shelters--I wonder what ever happened to them. Seems like there hasn't been a reference made to them in some time.

Last thing I saw about them, from May: The Wealthy Are Hoarding $10 Billion of Bitcoin in Bunkers
Quote
Two Xapo clients said it houses roughly $10 billion of Bitcoin.
I honestly believe these guys have been in this market already for a long time now and they are doing as much as they can to at least make sure they are taking enough position off as many retail weak hands as possible. I guess we just have to wait and see how things will get to pan out in the long run, and from the look of things, I am beginning to see this point we are now as an accumulative point for them.

Normally, it is understandable that no institution will be dumb enough to want to be investing in an over tapped market, and who knows, they drove it to that level to dump, get out weak hands, accumulate more at the dip to hold more positions, rinse and repeat on the way up again.
Post
Topic
Board Trading Discussion
Re: A tip for choosing the exchange.
by
oicieffive
on 10/11/2018, 07:37:45 UTC
In my opinion the most important thing features on the exchange is they has high level security, and others one is they should be have high trading volume, provide feature of stop loss, good customer support,  they has good reputation, legitimate and fully regulated.
Yes you’re right about that but sometimes you can’t really tell how secured an exchanger can be until they are tested. There are lots of exchanges and many believe that Coinbase is the safest exchange you will ever come across, but some still say that it is not 100% secured and that there is risk that follows cause it can still get hacked despite having two factor authentication. Sometimes I ask myself if two factor is really a good feature as people claim, seems like hackers now knows a way to bypass such security.
Post
Topic
Board Economics
Re: Is it the best time to buy cheaper crypto while Bitcoin is at high price?
by
oicieffive
on 08/11/2018, 11:03:18 UTC
So many crypto currencies are coming UP . They are much cheaper  than Bitcoin for now. It is so hard to decide  which to buy . Some are in good promos, to buy or invest to it while it is cheaper and sell when the price Will getting high. Is it a good idea to buy while we can not afford yet Bitcoin?
It will be a risk if you’re buying a coin that is not yet popular in the market. I’m saying this cos many coins in the market today are shit coins, so you got to be careful and go for the ones that are already well known. Ripple is very cheap and it has been doing really fine since last and this year and is one of the coins that are trending now, so you can go for it. Ethereum is down a very cheap price rate now, you can also buy that one too. Then if you can afford Bitcoin at the price is at now, then you can go ahead and buy, although I’m thinking the price might still drop.
Post
Topic
Board Economics
Re: Is there any chance of having one global currency?
by
oicieffive
on 01/11/2018, 10:32:22 UTC
Could you see a future wherein the entire world shares one global currency, be it fiat or crypto? If I think it in a scifi kind of way, it would most probably be some digital currency that could all just use. It doesn't even have to be in this century. Maybe the next?
This could be difficult to control when we have different culture and economy every country as the standard is not the same. Policies every country had different and this can bring chaos and misunderstanding in every people. Maybe this could be possible if we have only one leader to decide for the whole world.
of course it will cause chaos, I can't imagine if the world only has 1 currency, how to distribute to many countries, how the economy is described in a country (because there is no local currency), and who will control the circulation of this currency (if only one currency)..
A chaos that will not even be able to resolve. Every country worldwide, unless there is a country that is not independent anyway, sure do have a say for their own country, and for something like a global currency to even be a thing, there must have been a country that would want to impose it on other countries and I wonder how that is going to work out.

Just as we have had in the past with USD being a globally accepted currency and every other country still having their own local currency, I would say it is the only thing we are going to get to see which would be an alternative that is accepted worldwide and nothing else.
Only one condition required for that. When all countries accept and legalize bitcoin as their regular currency, it will become global currency for the whole world. There is no doubt that we will enjoy one digital currency in the future. The world is turning towards digital currency and now it is the time to move on digital currency. Crypto is digital currency and bitcoin will be the mainstream in the future.
Post
Topic
Board Gambling discussion
Re: India to legalize gambling and sports betting
by
oicieffive
on 01/11/2018, 07:19:24 UTC
~snip
And now in India this has been being considered which is good for them. It's either they can't fight with those anymore and they just have to embrace the industry so at the same time, they are going to make money out of those gambler's money.

There's big money on gambling and they are for sure going to get a lot of tax cuts there. Still they have some conditions on what games to legalize.
Then it's a win-win situation for them, and that's just the start. When a lot of businesses/casinos have started, it would still add to the funds coming from it. It's always going to be the ones who believe that prosper, even considering the risk of gambling. Just like you said, they would need to work some things out in the contracts on how they are going to go about it, but in the meantime, they should gamble. lol
For the government usually it is a win-win situation for them, they are would just give requirements and other setup of arrangements for those gambling businesses to operate. Now that gambling seems to be adopted there though with some restrictions.

I'm looking forward for the time where they will integrate and consider cryptocurrencies. As we know, crypto gambling is another big industry that they should include to be legalized.
It is and I think it's a tactic to have them illegalize gambling then up the price of making a casino, so it's, even more, a win-win situation. I'm not sure if there are bitcoin land casinos now, but I know there's a topic that I read here that a famous casino in Vegas started accepting cryptocurrency.

What I don't want, in my opinion, is that they try to control that is something for the people. The purpose that it is decentralized.
What would you expect from the government? They can make any decisions into things if they saw that it can benefit them.If they accept and legalized gambling on a particular country then its a good
thing for those gamblers out there who do play illegally or on shady ways. Government always have that win-win situation.If they saw that gambling business is on demand then they would allow it
and impose tax at the same time, then we would know on what would happen next.
India is one of the big gambling countries especially in sports betting. The big bookies of the world are in India. Government has realized that gambling is a big industry in India. They should legalize it and impose tax on big gamers and bookies. It is good for them because people will gambler on any cost. Nobody can stop gambling in India.
Post
Topic
Board Altcoin Discussion
Re: I'm afraid of losing money
by
oicieffive
on 31/10/2018, 09:51:21 UTC
Hey, guys!

I become more and more nervous about my crypto safety.
I used different wallets for different coins before and now I want to choose one wallet for everything.
I have Bitcoin, Ethereum and Ripple.

The point is that even the biggest and as I thought the most reliable wallets have problems these days.
Money disappear somewhere, there's problems with access and withdrawals.

Can you recommend me a good, safe and reliable wallet, please?
I'm sure you have more experience in it.
hey, stop being afreaid! tat won't help you even eith the safest wallet in the world because your emotions really make your life, its quality. just relax and consider that they may dissaper or may not. don't make it overrated
Those people who do afraid from investing their money or from trading I do not think that they can make money from the market, they should try to find a passive job in a company and should try to avoid any kind of business. Some people are really not fit for any kind of business.