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Showing 20 of 913 results by tosmartak
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Topic
Board Speculation
Re: BTC To 1$
by
tosmartak
on 21/12/2018, 14:01:40 UTC
Read what you have typed out loud to yourself, and please try to tell me if there is any logic in that. It is certain that the market is highly volatile due to the fact that it is highly speculative, but because of that, it does not mean we should not be reasonable with our predictions. I can bet my ass you never predicted $3k, as a reasonable analyst in the first place will not be uttering what you just did and we can only anticipate what could happen, not think we can predict exactly what will happen.
Everyone do have a choice, and because of some people's greedy greedy imagination of wanting to get rich overnight, they got served what they deserve, but it is never the end of the world as long as you do not want to end up being a weak hand. However, if you want to keep proclaiming your $1, I guess we will have to wait and see how that works out for you.
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Topic
Board Speculation
Re: Is Bitcoin the ultimate hedge against the upcoming financial crisis?
by
tosmartak
on 21/12/2018, 10:04:40 UTC
I agree with the first part of what Tytanowy Janusz said, during crises people are known to stay away from higher risk assets and bitcoin being volatile doesn't help that either so it surely is not the "ultimate hedge" against the financial crisis.

but bitcoin being what it is, has always been acting separate from any other market. for example when other markets are falling bitcoin has been rising in the past or vice versa. it always moves on its own and on top of  that being a global asset it doesn't take effects from local incidents that much.
so in my opinion in case of a financial crisis bitcoin would either not be affected at all or rise at least a little.
Asides from bitcoin even being separate from other market, it is still very much new, and what really gave birth to it in the first place was a result of the financial crisis that ended in 2008. How bitcoin would respond to the next crisis is something we will just have to wait to see with time, but I believe one way or the other, among other things, it will serve the main purpose for why it was created in the first place which due to its deflationary features, can serve as an hedge during such period, but time will tell.
Post
Topic
Board Altcoin Discussion
Re: XRP & The New Economy
by
tosmartak
on 21/12/2018, 07:47:26 UTC
I can see a lot of XRP believers here, but what I don't get is where you guys keep getting decentralized ecosystem from? Oh! Following your XRP leader on stating that XRP ledger is more decentralized than Bitcoin and Ethereum right? Let's see how far that statement will end up proving itself wrong.

As far as I am concerned, nothing will change the fact that XRP will remain centralized, and if you do not know the reason why, I feel it is best you get to understand better with google.
Post
Topic
Board Trading Discussion
Re: HODL IS THE BEST OPTION FOR ME NOW
by
tosmartak
on 20/12/2018, 17:32:17 UTC
Well, certainly looking at the level at which a whole lot of the altcoins have been dealt to their historical bottom, the best thing for anyone who has been holding for a very long time now, is basically just to keep holding and if possible just buy some little more to compensate for the holding, once the market starts recovering. I know it can be a little bit harder, but it cannot be harder than when you end up selling now and then the market ends up starting a recovery as that can be devastating.
Post
Topic
Board Economics
Re: Bitcoin price predictions from Twitter 5 years from now
by
tosmartak
on 20/12/2018, 11:03:17 UTC
If history repeats perfectly, then the current bear market for #Bitcoin would bottom out at $2,500 next month, in Jan 2019.
And then the next rally would start in late 2020, peak out in Dec 2021 at $333,000, and then crash back down to $41,000 in Jan 2023.
Something like that?🙂
It is just a possibility and I do not believe the price will move as he says. While tomorrow's price is unknown, a chance is required for the accuracy of the 5 year price prediction. Perhaps there will be greater developments in the future but for now I only give superiority the decisions that will be made in January and February.
Of course, it is a market and it will always remain unpredictable, so there is no point believing something that is said as a means of predicting what the future holds. However, judging from history and for the fact that this is still a new market with more prospect for long term growth, I believe we will get to see more ATH in the future anyway. For now, I would not be surprised the bears are done yet, until the trend shows otherwise. Time will always tell in the long run anyway, and who ever ends up right with any prediction at this point, certainly just got lucky as this is  not a game of dice.
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Topic
Board Altcoin Discussion
Re: Bitcoin Hot
by
tosmartak
on 20/12/2018, 07:32:51 UTC
the more fork, the more ppl will not care
Actually, at this stage, no one cares any more about any useless fork as that is what they are. These are just some attempts by some punks to scam the community, but in the real sense, they are nothing but shit coins. As long as no reputable exchange is listing it, even at this point does not even have a wallet, it just shows one single thing, it is all complete rubbish.
Post
Topic
Board Trading Discussion
Re: Which is better option for trading Bitcoin or stocks ?
by
tosmartak
on 19/12/2018, 17:38:06 UTC
There is nothing like better option, the only difference here is that one is an old traditional market and one is a very new market and the level of volatility is higher with bitcoin than it stocks, which also depends on the stock you are trading anyway. However, whether you are trading bitcoin or stocks, it all depends on your level of knowledge of any of the market and how well you are able to handle yourself in any of them. If you approach any of them like gamble, then you will most definitely experience the same fate anyway.
Post
Topic
Board Economics
Re: welcome bulls , Bye bears
by
tosmartak
on 19/12/2018, 11:39:40 UTC
Well, this year seems more of a year for holding and investing more, than making profit obviously. However, it looks like the volume with the bears is pretty much subsiding, but in the long term, that is not something we can prove yet, if the bears are completely tapped out or not as we still have to understand that we could see a relief rally but that does not simply means for the long term bullishness or complete move to the uptrend, the bulls are all in, we will just have to wait to see what the market will bring.
Post
Topic
Board Bounties (Altcoins)
Re: 🌟[BOUNTY] GoRecruit 🌟| NO REPORTS | UP TO $250 000 | AI FOR HR ON BLOCKCHAIN
by
tosmartak
on 19/12/2018, 10:49:20 UTC
Can someone please tell why the twitter campaign spreadsheet has not been updating for the past couple of weeks? An insight into that would be welcome by the team. Thanks.
Post
Topic
Board Speculation (Altcoins)
Re: It is right to come back?
by
tosmartak
on 19/12/2018, 10:46:17 UTC
Do not give up on cryptocurrency investments. In fact, losses are common and everyone loses money, but you should know the correct coin knowledge, such as bitcoin. Now you can still buy Bitcoin, and in the future you will thank yourself for your current investment. This is a belief.
Giving up at this stage is not even something anyone should be considering at all when it comes to this space considering that this is just a stage that would pass eventually. Will the market go lower in the long run, no one actually can tell? What is important is to just treat every single stage of the market as an opportunity. If it goes lower, then just buy more, just as simple as that!
Post
Topic
Board Altcoin Discussion
Re: Aren't we killing the market ourselves?
by
tosmartak
on 14/12/2018, 13:33:21 UTC
Haha, so true. Everyone giving messages of HODL and yet market keeps going down. That just means people want others to HODL, so they themselves can cash out.
Many people are hodling their coins but not to that point of taking so long sometime it need more effort and patience. Most of them weren't able to survive and given up the commitment due to need of money even though they're losing much. However when price started to recover back, buying back is the other options for them.
Well, one thing for those who have been holding their coins is simply based on the fact that they do not have any other choice anymore than to just hold, knowing that to be selling now is not even the point for anyone who is smart. One way or the other, we will always get to have people who end up panicking for no reason at all, and then people who are smart enough to see the market right now as an opportunity. It happens in every market, so one way, I would not say people are responsible for killing the market, but the truth is that people are basically responsible for killing their own pockets if they sell at loss in the long run.
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Topic
Board Speculation
Re: BTC Falling to mid 3K Will it go down more?
by
tosmartak
on 14/12/2018, 10:12:53 UTC
I think the bearmarket isnt done yet as we are fishing for a bottom.

But we could see some up swings before we ultimately go towards 3200 and test the lower 3k range


Any thoughts?
Bearish market will might continue until the year end but I may think that it won't go deeper by $3k. Anyways, we still don't have assurance or indications that it will stop by then, but I'm still positive with that.
well, currently the price of bitcoin is stable at $ 3500. even though it looks stable, it is possible to decline even further, because we know that at the end of the year there is always a decline, and at the end of this year it hasn't ended.
Nothing is stable for now. We are still in a bear market and the market of course can still manage to hit lower values as time goes by. Like you have said, I would say there is simply no way anything has ended yet and we might still get to see the bears in further actions. There may be some little trend upward in the short term, but that does not mean that has cancelled out the bear market yet, at least for now.
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Topic
Board Trading Discussion
Re: Holiday Crisis
by
tosmartak
on 14/12/2018, 09:47:03 UTC
When the prices dropped after Bitcoin cash war we said it was due to thousands of bitcoin being sold by someone and that caused the price to drop very quickly. When the price dropped afterwards we said black Friday and the insane discounts caused people to sell their coins and get those items for cheap. Now that bitcoin is dropping again we are saying that the holiday season is in and people are selling their bitcoins and altcoins to cover for the expenses.

I am sorry but I am not buying it anymore, last year on December and late November bitcoin went up historically and made a $20k run, that was a holiday season as well, holidays doesn't justify the drop in the price anymore. I fully believe that people are losing their interest and hopes for bitcoin and that is the biggest reason for falling.
Well, that is a market for you and logically, speculations is one of the things we cannot avoid. Like I always say, people will never stop seeing excuses to give to the reason why the market is behaving in certain ways, which is something I have seen over the years with human nature anyway, we always tend to find something to blame for everything. Call it whatever, we are in a downtrend, and until we hit the rock bottom and we get to see the market switch to a new trend with a higher high and higher low, then, nothing has changed.
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Topic
Board Speculation (Altcoins)
Re: Will all ecr20 tokens follow ethereum?
by
tosmartak
on 13/12/2018, 16:43:56 UTC
The ECR 20 tokens have their own pros like:
- Uniformly and fast transaction.
- Confirms the transaction more efficiently.
- Reduce the risk of contract breaking.
These pros are more like Ethereum Cryptocurrency, and we believe that the ECR 20 token will follow Ethereum.
Keeping these pros in context P2P Global Network also distributing the ECR 20 tokens for solving the problem of unemployment. The P2P Global Network also started the bounty program for the crypto enthusiast and others for the rewards Click Here .
Some of the pros you have mentioned is based on the fact they are not being used pretty well, and also you have to understand that when it comes to faster transaction, that is totally based on the ethereum network and either it is congested or not, since all ERC20 tokens do not have their own blockchain and they are based on the ethereum blockchain which is why they are referred to as tokens. With regards to ERC20 following ethereum, one thing for sure is that the whole market follows each other in the same direction and money moves out or move in the same time at the least. So far, we can see that from bitcoin to ethereum, to the erc20 tokens, to other coins with their own blockchain, the whole market is bloody.
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Topic
Board Altcoin Discussion
Re: WHAT TO DO ABOUT 2019?
by
tosmartak
on 13/12/2018, 10:51:09 UTC
Bear market teaches us that we have to be prepared for everything to happen  and to the opposite of it. The crypto market is unpredictable
and despite this was not my first bear market  experience, but still I was not prepared for it. Lessons learned.
We all learn everyday, don't we? It is a market, I am sure a lot of people came unprepared since it was easily opened to everyone and with the promises of getting wealthy overnight, some never took their time to understand how a market operates before even getting in. There is always 2 phases to the market, and it is all about how smart you are able to play your card most of the time, which in most cases, the choice is always going to be yours based on your level of knowledge or your level of ignorance.
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Topic
Board Trading Discussion
Re: Trading using API keys
by
tosmartak
on 13/12/2018, 07:02:13 UTC
So far so good, I can only tell of coinigy on web platforms and then tabtrader application on mobile platform if you want to make use of your API to trade as well as trade multiple exchanges with the use of the API on a single platform. I have fell in love with tabtrader for a while now as a long term trader anyway, so I packed out from coinigy since it is not free and the mobile on the go thrills I get from tabtrader. So in a way, it all depends on your own style of trading, but for use of few indicators with price action analysis, tab trader is great, but for an ENORMOUS level of analysis and more indicators, coinigy should be your best bet.
Post
Topic
Board Economics
Re: Will people come back to gold
by
tosmartak
on 12/12/2018, 10:57:13 UTC
I think that gold could be good investment, gold standard is more reliable than fiat standard, but question will be, is that in favor for central banks and monetary system, I do not think so.
Gold for sure has always been a very good investment, but in the case where there is a possible or looming financial crisis, it is normal for investors to start pulling their funds into a trusted asset, which of course, considering the rate at which gold has been bullish kind of proves that. We all know what sets gold apart over the years is its ability to at least retain its value to some great extent irrespective of external factors.
Post
Topic
Board Speculation
Re: Will BTC Bull after Christmas?
by
tosmartak
on 12/12/2018, 07:42:29 UTC
after all that had happened, December was a decline in the price of BTC which was completely destroyed, and the sockets are now far beyond predictions,
some predictions say BTC will be bull early in December, but in the first week of December BTC has experienced a price decline beyond predictions,
Is the prediction that there will be a bull After Christmas will occur?
or will it fall further down?
Santa will ride with the bears as this will continue until the end of this year. We can't expect a bull this Christmas with this current market situation. We just happy to return back to $5k by end of this year if the trend can make a rebound.
Even Santa most definitely would have realized by now that there is nothing much to give as gift in this market, at least before the end of the year. Sure, we might see some relief rally but that would not be something to consider bullish, and by relief rally, we may manage to go test the previous support we broke out from, and maybe after then, we will get to see the next way forward but I would not expect something much for Christmas.
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Topic
Board Trading Discussion
Re: which is easier 1-2% a day or 20-30% per month
by
tosmartak
on 11/12/2018, 09:58:26 UTC
The truth is that all these depends on you as an individual and your style of trading which basically sums up with what you are comfortable with. If you want to day trade and you can cope, then you can manage to be hitting your 1 - 2% daily, but you should know that market is not a rosy thing you will just assume a  consistent 1 - 2% daily or 20-30% monthly, most especially when it is in a bear trend. However, the main thing is to be sure you have what it takes to trade with a strategy and a plan, not just gambling your position.
Post
Topic
Board Economics
Re: Who are benefited with cryptocurrency?
by
tosmartak
on 11/12/2018, 08:17:15 UTC
From the bearish market it seema that there are individuals who were benefited with cryptocurrency and taken it as an early christmas gift for them. Probably those who control the market are mostly likely to be the direct benefactors of bear market. What do you think and who do you think control the market of cryprocurrency?
Everyone who are working with crypto hardly can benefit the good returns in crypto. It deoes not need to be a proffessional or to be rich having high capital, just to involve in crypto as long as you have an idea and you are working hard just to find ways on how to earn bitcoins yes you can be rich and you will benefits from it.
It depends on what you are holding, but I can say since I have been in this space, I have benefited a lot from it. What is important just as anything else, is to be smart and know at least what you are doing. Your capability to make good investment decisions in the case of anything that a lot of people might consider an issue is what will always set you apart from the general people who have no clue what they are doing.