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Messages - gabbie2010

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Cryptocurrency discussions / Re: Which Cryptocurrency will rise in future?

« on: May 27, 2021, 02:26:27 AM »

Bitcoin is main engine that drives majority Cryptocurrencies once bitcoin enjoys a massive bullish run the top 20 Cryptocurrencies on coinmarketcap will also pump and become bullish invariably the top 10 altcoins has the tendency to rise in the future however we need to do research to pick few ones e.g DOGE which has the backing of Elon Musk is definitely a potentialCryptocurrency that will rise in the future.

Cryptocurrency discussions / Re: The Dip is Deep

« on: May 26, 2021, 05:07:01 PM »

Knowing when a dip is going to end is a very difficult task to be accomplished infact if we know the exact end of a dip all of us would have been rich majority of crypto traders are using a calculated guess which often fails as market continue moving dipper meanwhile investors with a huge capital can buy at every dip using some percentage of the capital, personally as a trader I never bother when price is dipping this will create opportunity to short a trade.

Cryptocurrency discussions / Re: KYC at the end of bounty

« on: May 26, 2021, 04:58:42 PM »

Quote from: jakasantosa on November 07, 2020, 03:04:19 AM

I also don't like it when every bounty changes the rules at the end or the bounty reward distribution, especially regarding KYC. If from the start the KYC rules were included it would be easier to decide whether to join the project or not. My estimate is that many use KYC at the end of the bounty but the result is a scam like the Clipx bounty example.

Announcement of KYC before the commencement of the campaign will enable some hunters who like to work anonymously to seek other bounty campaign that does not require KYC however it is very unfortunate that some bounty managers only announced mandatory KYC at the end of a campaign thus denying some hunters who might not like to work anonymously. this is common when the project is likely resulting to a scam.

Cryptocurrency discussions / Re: Cryptos scam, unpaid - protection for hunters

« on: May 26, 2021, 04:53:14 PM »

I think bounty managers should firstly escrow the tokens in a bid to securing the funds before accepting bounty hunters for the promotion of the project this will checkmate the none payment of tokens to hunters at the end of the campaigns and will bring credibility and assurance of prompt payment, this is one of the best method that will reduce scams in the crypto hunting, it quite unfortunate that hunters are being denied their legitimate payment after several months of promoting a project.

Cryptocurrency Trading / Re: what is your trading strategy

« on: May 25, 2021, 08:05:04 AM »

As a newbie in trading I always refers such a new entrant to babypips.com where all sorts of training is acquired although they mainly deals with forex trading however both crypto trading and forex trading are very similar in terms of candlestick patterns, Price Action, Indicators, Technical and fundamental analysis, personally I devised my trading strategy from forexfactory.com with some little inputs.

Cryptocurrency discussions / Re: High Rewards from Student Coin

« on: May 25, 2021, 07:53:39 AM »

Quote from: ice18 on May 25, 2021, 06:48:51 AM

This is really disappointing I never thought STC team will scam us like this now its our turn to take down this project CEO said no enough traffic from bounty and got very small exposure from us lol what a liar, we will not stop until this project fall.

This is a bad decision from Student coin management this coin had enjoyed a massive promotion and advertisement courtecy of bounty hunters who worked tirelessly for the success of the project however it is quite unfortunate they are ending on a bad note Bountydetective has issued a RED flag on them in bitcointalk forum having tried all his best to their mind but all his efforts proved abortive.

Cryptocurrency discussions / Re: What will Bitcoins be worth in 2025?

« on: May 25, 2021, 07:45:10 AM »

Quote from: piqulhdt28 on May 25, 2021, 07:15:22 AM

I think by 2025 the price of BTC will find ATH and hit the $ 100k mark and some cryptos will find ATH too. stay optimistic on some cryptos to find positive trends continuously.

considering that this year BTC can reach a price of $ 60k more so hopefully next year it can reach $ 100k.

I am very sure and agreed with you that the price of bitcoin will surpass $100K before the end of next year inspite of all sorts corrections, pullbacks and retracement just as we are witnessing the present correction however in the long term perceptive I beleive the price would reach $300K+ in 2025 going by technical analysis and price modelling according to speculators.

Bitcoin Forum / Re: Is the crypto history repeating itself?

« on: May 24, 2021, 04:02:48 AM »

Personally I envisaged the present market condition, because the price of Bitcoin has been breaking new ATH, price is not one way traffic what goes up must come. while the price might have been experiencing minor corrections then comes Elon Musk tweets which further pushed down the price massively, of course in all the previous bitcoin price dumps it recovered in earnest it happens in 2017, 2020 and here we comes another dump again I am very sure of history going to repeat itself again.

News related to Crypto / Re: Indian government is rethinking crypto ban

« on: May 23, 2021, 08:19:39 AM »

Quote from: Richard_1 on May 21, 2021, 02:55:05 PM

If the Indian government can really rethink its position on cryptocurrencies, then the situation in the cryptocurrency market could change for the better. Hope we can see it soon.

Indian government policy makers would have to sit and review the ban I believed they had witnessed the massive financial support garnered with the aid cryptocurrencies in this pandemic period, they should just approve the use of cryptos and regulate it I am very sure the benefits they would derive from it in terms on income or revenue from taxes, creation of employment opportunities etc outweighs the bad sides of it

News related to Crypto / Re: Elon Musk Crashed The Bitcoin Price And Proposed A Radical Dogecoin Upgrade

« on: May 23, 2021, 08:12:48 AM »

Quote from: Abubakar56 on May 22, 2021, 04:58:57 PM

From the little experience am having I believe what is happening currently is really bad I believe Elon musk is just trying to manipulate the market he is trying to dump bitcoin and pump doge coin. Elon musk is just playing with the market which is dumping the price of bitcoin but I just believe bitcoin will be stable very soon and will bounce back.

Exactly my thought about him too, I believed his influence on the price of bitcoin via his tweets already waning in no distant future his tweets wouldn't have any influence on it price again just like McAfee influence had dropped and insignificant to the crypto world, let him move his influence to Doge and let bitcoin have a breathing space, I strongly beleive that bitcoin will bounce back, this is not the first time bitcoin had experience a massive dump.

Cryptocurrency discussions / Re: Crypto Market not End yet

« on: May 22, 2021, 06:19:32 PM »

Quote from: Willitivity1 on May 21, 2021, 08:35:49 PM

Only weak hands and noobs would sell of any of their crypto holdings now, the reason is because they haven't experienced any dump like this, for the old crypto holders it's nothing new, and it was expected to happen sooner or later, currently the crypto market is very volatile and alot of noobs have been rekted with the current state of the market, I think we should just chill and wait for market prices to stabile before trading again.

I agreed with you here newbies will be jittery and panic consequently sell their coin with losses thus pushing down the price down, I remembered in the wake of Covid-19 restrictions last year price of bitcoin crashed from $13K to $3900+ which was massive inspite of the crash old crypto hodlers still hodl their coins the aftermath of the price recovery was a massive bullish runs till this early of this year, I believe price history will repeat itself.

Cryptocurrency discussions / Re: Next altcoin to look out for 2021

« on: May 22, 2021, 08:25:50 AM »

Adoption of Doge by Elon Musk is a good indicator for the coin to pump in the nearest future I believed after the market stabilize, we should watch out for this coin backed by a super rich guy, personally I would continue to monitor it and if opportunity to invest in it comes I would do so but for now I am on the sideline waiting for the market to turn bullish.

Cryptocurrency discussions / Re: How long will Tesla no longer accept bitcoins for payment?

« on: May 22, 2021, 08:13:34 AM »

Quote from: Freemind on May 18, 2021, 05:09:46 PM

Quote from: owlest on May 18, 2021, 03:53:23 PM
Musk is generally a mysterious person and, as he himself said, there is innuendo, quirkiness and extravagance in him. And to be honest, Musk does what is beneficial to him, like everyone who is present on the crypto market. There is nothing surprising here, because we all came here for a profit.

Of course we are all here to make a profit, but the difference is that we (normal users) do not play with people or take them for idiots like Elon and Tesla have done, that is the big difference. If Tesla and Elon had been honest from the start, none of this would have happened and no one would call them manipulators.

I think he should have done a research about Bitcoin first before showing interest in it that is where he missed it, after adopting Bitcoin he later realised that mining Bitcoin is not environmental friendly taking out his interest later is very bad and consequently the price of bitcoin dumped and causing FUDs in the market, I hope bitcoin enthusiasts and hodlers will overcome this trying time

Bitcoin Forum / Re: Bitcoin dump

« on: May 22, 2021, 08:05:20 AM »

Definitely the bear run won't last long the support at $35K seem to be strong and rejected the price 4th time now I believed all the negative fundamental news that resulted to the dump has subsided now many hodlers had dumped their coins consequently the bullish run should commence gradually provided that there is no any negative news again

Ethereum Forum / Re: Is ethereum is better cryptocurrency than bitcoin???

« on: May 21, 2021, 07:02:56 AM »

Smart contract features of ethereum was responsible for it massive adoption in project however rival or alternatives are being introduced in the market e.g BSC Basic Smart Chain from Binance and TRX, however that does not make ethereum better than Bitcoin, in terms of investment Bitcoin provides better profits because of it price high volatility and more popular compared to ethereum.