Wazua
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Bitcoin: Does it have a future ?
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Anyone noticed that wazua has a huge banner reading "BITCELL the world's fastest Crypto Exchange". Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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Spikes wrote:obiero wrote:karasinga wrote:mufasa wrote:karasinga wrote:obiero wrote:
@karasinga would you recommend that someone buys this type of ponzi
obiero, yes. I am new to this courtesy of mukiri. That not withstanding allow me to give my opinion. Might be long that my usual I understand your scepticism, but remember the bigger picture: following massive rallies (speculative bubbles) almost all market instruments have at some point in the past lost half (or more) of their value in a crash. This is normal price development and is known as corrective waves in Elliott Wave terminology. Such occurrences can be found in most currency pairs, the indices (Dow, FTSE, etc) and commodities. As a trader it is our job to apply TA to extreme price movements and get out with profit if there are warning signs of a pending correction. What we see in the Bitcoin chart, in my opinion, is an asset in early development and with massive upside potential. There are some dangers, such as banning in the US, or cryptographic code cracking, but until these become issues, Bitcoin represents a good instrument to trade - and easy - the BTCUSD price action plays out like a textbook indicator lesson probably because the Bitcoin market is young and there is no central bank meddling. Also note this ponzi we are talking about has been there since january 2008 and has traded since jan 2011 starting with a price <1$.... see where we are now. Lastly, I would recommend buying this ponzi because; 1. Bitcoin has surprising predictability from a PA perspective as well as textbook adherence to classic indicators. check this 2. has good volatility (for the nimble and quick) I hope this makes sense If money functions as a store of value & medium of exchange, can cryptocurrencies do the same. How can it be an effective store of value when it fluctuates so much. Within a month you could gain/lose 50% or more. I can't see the predictability in this. Why trade in something so volatile? Risks are too high. Until there's a crpto currency that the consumer can use with ease, best option now is just to speculative trading with crossed fingers. Xrp maybe one for the future if it stabilizes hello mufasa, the guys who bought this thing jan 2017 when it was trading at around 900$ and sold on dec 2017 when it was trading at 19k made roughly 2000% gain... that to me sounds like an effective store of value. Personally I have high appetite for things that move- volatility. They say the greater the risk the greater the return. It is just me and you might have a different taste...look you recommend XRP  secondly, if this and this and this don't show predictability, then I might have used a wrong word. The Greater Fool Theory is in play. This and the monkey story are very similar, one day some people will be left holding onto worthless monkeys. But @karasinga I know what you are saying and all the best with your investment activities Thanks @Obiero for recognizing this as an investment and not a pyramid scheme as you alluded early. Even buying your girlfriend underwear is an investment. What matters is the rate of return against possibility of capital loss. Hii ya bitcoin siwezi gusa, let me watch you make money!! You may finally get the credibility you yearn for from wazuans
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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Spikes wrote:obiero wrote:karasinga wrote:Mukiri wrote:karasinga wrote:Spikes wrote:karasinga wrote:karasinga wrote:behold a potential reversal  if not in, wait to open position during the pullback  if in add positions during the pullback.. bulls are in town.Let me see if I can be a long term trader for the first time. disclaimer Please @Karasinga elaborate on the pullback. I want to eat this time round for every wave count. IMHO, I meant Something like this  remember anything can happen. best wishes There is talk of a bull trap. To swim or not to swim, is the question? bulls are back buddy  time to reap... enjoy the ride partner @karasinga would you recommend that someone buys this type of ponzi A wayward character has seen great potential of making money and is warming up in due time to jump in. I hope that wayward character isn't myself because I am friends with your mum
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 12/11/2006 Posts: 884
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hashgraph technology tipped to overthrow blockchain technology. Problem is its patented “Invest in yourself. Your career is the engine of your wealth.”
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:Spikes wrote:obiero wrote:karasinga wrote:mufasa wrote:karasinga wrote:obiero wrote:
@karasinga would you recommend that someone buys this type of ponzi
obiero, yes. I am new to this courtesy of mukiri. That not withstanding allow me to give my opinion. Might be long that my usual I understand your scepticism, but remember the bigger picture: following massive rallies (speculative bubbles) almost all market instruments have at some point in the past lost half (or more) of their value in a crash. This is normal price development and is known as corrective waves in Elliott Wave terminology. Such occurrences can be found in most currency pairs, the indices (Dow, FTSE, etc) and commodities. As a trader it is our job to apply TA to extreme price movements and get out with profit if there are warning signs of a pending correction. What we see in the Bitcoin chart, in my opinion, is an asset in early development and with massive upside potential. There are some dangers, such as banning in the US, or cryptographic code cracking, but until these become issues, Bitcoin represents a good instrument to trade - and easy - the BTCUSD price action plays out like a textbook indicator lesson probably because the Bitcoin market is young and there is no central bank meddling. Also note this ponzi we are talking about has been there since january 2008 and has traded since jan 2011 starting with a price <1$.... see where we are now. Lastly, I would recommend buying this ponzi because; 1. Bitcoin has surprising predictability from a PA perspective as well as textbook adherence to classic indicators. check this 2. has good volatility (for the nimble and quick) I hope this makes sense If money functions as a store of value & medium of exchange, can cryptocurrencies do the same. How can it be an effective store of value when it fluctuates so much. Within a month you could gain/lose 50% or more. I can't see the predictability in this. Why trade in something so volatile? Risks are too high. Until there's a crpto currency that the consumer can use with ease, best option now is just to speculative trading with crossed fingers. Xrp maybe one for the future if it stabilizes hello mufasa, the guys who bought this thing jan 2017 when it was trading at around 900$ and sold on dec 2017 when it was trading at 19k made roughly 2000% gain... that to me sounds like an effective store of value. Personally I have high appetite for things that move- volatility. They say the greater the risk the greater the return. It is just me and you might have a different taste...look you recommend XRP secondly, if this and this and this don't show predictability, then I might have used a wrong word. The Greater Fool Theory is in play. This and the monkey story are very similar, one day some people will be left holding onto worthless monkeys. But @karasinga I know what you are saying and all the best with your investment activities Thanks @Obiero for recognizing this as an investment and not a pyramid scheme as you alluded early. Even buying your girlfriend underwear is an investment. What matters is the rate of return against possibility of capital loss. Hii ya bitcoin siwezi gusa, let me watch you make money!! You may finally get the credibility you yearn for from wazuans Hehehe hapo umenimaliza @Obiero Life is short. Live passionately.
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Spikes wrote:obiero wrote:karasinga wrote:Mukiri wrote:karasinga wrote:Spikes wrote:karasinga wrote:karasinga wrote:behold a potential reversal if not in, wait to open position during the pullback if in add positions during the pullback.. bulls are in town.Let me see if I can be a long term trader for the first time. disclaimer Please @Karasinga elaborate on the pullback. I want to eat this time round for every wave count. IMHO, I meant Something like this remember anything can happen. best wishes There is talk of a bull trap. To swim or not to swim, is the question? bulls are back buddy time to reap... enjoy the ride partner @karasinga would you recommend that someone buys this type of ponzi A wayward character has seen great potential of making money and is warming up in due time to jump in. I hope that wayward character isn't myself because I am friends with your mum Kuwa mpole boss. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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mufasa wrote:karasinga wrote:obiero wrote:
@karasinga would you recommend that someone buys this type of ponzi
obiero, yes. I am new to this courtesy of mukiri. That not withstanding allow me to give my opinion. Might be long that my usual I understand your scepticism, but remember the bigger picture: following massive rallies (speculative bubbles) almost all market instruments have at some point in the past lost half (or more) of their value in a crash. This is normal price development and is known as corrective waves in Elliott Wave terminology. Such occurrences can be found in most currency pairs, the indices (Dow, FTSE, etc) and commodities. As a trader it is our job to apply TA to extreme price movements and get out with profit if there are warning signs of a pending correction. What we see in the Bitcoin chart, in my opinion, is an asset in early development and with massive upside potential. There are some dangers, such as banning in the US, or cryptographic code cracking, but until these become issues, Bitcoin represents a good instrument to trade - and easy - the BTCUSD price action plays out like a textbook indicator lesson probably because the Bitcoin market is young and there is no central bank meddling. Also note this ponzi we are talking about has been there since january 2008 and has traded since jan 2011 starting with a price <1$.... see where we are now. Lastly, I would recommend buying this ponzi because; 1. Bitcoin has surprising predictability from a PA perspective as well as textbook adherence to classic indicators. check this 2. has good volatility (for the nimble and quick) I hope this makes sense If money functions as a store of value & medium of exchange, can cryptocurrencies do the same. How can it be an effective store of value when it fluctuates so much. Within a month you could gain/lose 50% or more. I can't see the predictability in this. Why trade in something so volatile? Risks are too high. Until there's a crpto currency that the consumer can use with ease, best option now is just to speculative trading with crossed fingers. Xrp maybe one for the future if it stabilizes I wonder what the perception towards Goldsmith's IOUs was? For this is what you know today to be money. Government IOUs backed by nothing, unlike those of Goldsmiths' backed by Gold deposits. That XRP you are on about I treat like a very beautiful mature woman. Admire from FAR! If you didn't meet her when she was a girl, leave her alone. She now has her owner(s)
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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obiero wrote:Spikes wrote:obiero wrote:karasinga wrote:mufasa wrote:karasinga wrote:obiero wrote:
@karasinga would you recommend that someone buys this type of ponzi
obiero, yes. I am new to this courtesy of mukiri. That not withstanding allow me to give my opinion. Might be long that my usual I understand your scepticism, but remember the bigger picture: following massive rallies (speculative bubbles) almost all market instruments have at some point in the past lost half (or more) of their value in a crash. This is normal price development and is known as corrective waves in Elliott Wave terminology. Such occurrences can be found in most currency pairs, the indices (Dow, FTSE, etc) and commodities. As a trader it is our job to apply TA to extreme price movements and get out with profit if there are warning signs of a pending correction. What we see in the Bitcoin chart, in my opinion, is an asset in early development and with massive upside potential. There are some dangers, such as banning in the US, or cryptographic code cracking, but until these become issues, Bitcoin represents a good instrument to trade - and easy - the BTCUSD price action plays out like a textbook indicator lesson probably because the Bitcoin market is young and there is no central bank meddling. Also note this ponzi we are talking about has been there since january 2008 and has traded since jan 2011 starting with a price <1$.... see where we are now. Lastly, I would recommend buying this ponzi because; 1. Bitcoin has surprising predictability from a PA perspective as well as textbook adherence to classic indicators. check this 2. has good volatility (for the nimble and quick) I hope this makes sense If money functions as a store of value & medium of exchange, can cryptocurrencies do the same. How can it be an effective store of value when it fluctuates so much. Within a month you could gain/lose 50% or more. I can't see the predictability in this. Why trade in something so volatile? Risks are too high. Until there's a crpto currency that the consumer can use with ease, best option now is just to speculative trading with crossed fingers. Xrp maybe one for the future if it stabilizes hello mufasa, the guys who bought this thing jan 2017 when it was trading at around 900$ and sold on dec 2017 when it was trading at 19k made roughly 2000% gain... that to me sounds like an effective store of value. Personally I have high appetite for things that move- volatility. They say the greater the risk the greater the return. It is just me and you might have a different taste...look you recommend XRP secondly, if this and this and this don't show predictability, then I might have used a wrong word. The Greater Fool Theory is in play. This and the monkey story are very similar, one day some people will be left holding onto worthless monkeys. But @karasinga I know what you are saying and all the best with your investment activities Thanks @Obiero for recognizing this as an investment and not a pyramid scheme as you alluded early. Even buying your girlfriend underwear is an investment. What matters is the rate of return against possibility of capital loss. Hii ya bitcoin siwezi gusa, let me watch you make money!! You may finally get the credibility you yearn for from wazuans Jack of all trades master of none  John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 6/1/2017 Posts: 288
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Well Bitconnect was exposed as a ponzi scheme and collapsed over 90% on Tuesday having received cease and desist letters from two American securities regulators - leading to the closure of their lending and exchange platforms.Almost all (if not all) cryptos maybe ponzis with the whales (originators) of these cryptos performing pump and dumps just like the dotcom stocks like pets.com,mortgage.com etc. Beware https://cointelegraph.co...y-from-crypto-community
http://www.businesstoday...ripple/story/268400.htmlContrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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slick wrote:Well Bitconnect was exposed as a ponzi scheme and collapsed over 90% on Tuesday having received cease and desist letters from two American securities regulators - leading to the closure of their lending and exchange platforms.Almost all (if not all) cryptos maybe ponzis with the whales (originators) of these cryptos performing pump and dumps just like the dotcom stocks like pets.com,mortgage.com etc. Beware https://cointelegraph.co...y-from-crypto-community
http://www.businesstoday...ipple/story/268400.html
We appreciate your comments but there is no need to preach to the converted. Only a few unfortunate wazuans are caught up in the dangerous web of crypto currency
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Member Joined: 11/7/2017 Posts: 186 Location: Nairobi
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obiero wrote:slick wrote:Well Bitconnect was exposed as a ponzi scheme and collapsed over 90% on Tuesday having received cease and desist letters from two American securities regulators - leading to the closure of their lending and exchange platforms.Almost all (if not all) cryptos maybe ponzis with the whales (originators) of these cryptos performing pump and dumps just like the dotcom stocks like pets.com,mortgage.com etc. Beware https://cointelegraph.co...y-from-crypto-community
http://www.businesstoday...ipple/story/268400.html
We appreciate your comments but there is no need to preach to the converted. Only a few unfortunate wazuans are caught up in the dangerous web of crypto currency Yeah. A few indeed! 
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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https://www.express.co.u...cy-trading-btc-exchange
Cryptocurrency market shaken again after Indian banks clampdown on accounts run by coins exchanges. Bullish sentiment that saw a recovery in prices after news of similar swoop from South Korea triggered a more than 25% plunge in a single day has been relegated into the trash. Wait and see attitude now in control. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Member Joined: 12/1/2007 Posts: 539 Location: Nakuru
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obiero wrote:slick wrote:Well Bitconnect was exposed as a ponzi scheme and collapsed over 90% on Tuesday having received cease and desist letters from two American securities regulators - leading to the closure of their lending and exchange platforms.Almost all (if not all) cryptos maybe ponzis with the whales (originators) of these cryptos performing pump and dumps just like the dotcom stocks like pets.com,mortgage.com etc. Beware https://cointelegraph.co...y-from-crypto-community
http://www.businesstoday...ipple/story/268400.html
We appreciate your comments but there is no need to preach to the converted. Only a few unfortunate wazuans are caught up in the dangerous web of crypto currency Aiiiii For investors as a whole, returns decrease as motion increases ~ WB
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Rank: Member Joined: 11/7/2017 Posts: 186 Location: Nairobi
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Why are Eastern Countries playing with our Bitcoin. One time its South Korea, Next North Korea, then China, India .......
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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Technically, the journey north seem to have been well prepared.  there is a good risk to reward ratio... remember anything can happen. disclaimer It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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karasinga wrote:Technically, the journey north seem to have been well prepared. there is a good risk to reward ratio... remember anything can happen. disclaimer This is a new opportunity to take position if you missed early entry. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: Elder Joined: 7/11/2012 Posts: 5,222
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karasinga wrote:Technically, the journey north seem to have been well prepared. there is a good risk to reward ratio... remember anything can happen. disclaimer The past plays out again. Every January, like clock-work. Down, bull trap, down again then ATH. $11,600 Real time
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Rank: Elder Joined: 6/23/2009 Posts: 13,517 Location: nairobi
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Spikes wrote:https://www.express.co.uk/finance/city/907786/bitcoin-price-india-cryptocurrency-trading-btc-exchange
Cryptocurrency market shaken again after Indian banks clampdown on accounts run by coins exchanges.
Bullish sentiment that saw a recovery in prices after news of similar swoop from South Korea triggered a more than 25% plunge in a single day has been relegated into the trash. Wait and see attitude now in control. Full control
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Stiffler wrote:Why are Eastern Countries playing with our Bitcoin. One time its South Korea, Next North Korea, then China, India Because it's mostly you and them "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Veteran Joined: 2/26/2015 Posts: 1,147
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Spikes wrote:karasinga wrote:Technically, the journey north seem to have been well prepared. there is a good risk to reward ratio... remember anything can happen. disclaimer This is a new opportunity to take position if you missed early entry. of course but importantly, good money management and position sizing ... DO NOT GAMBLE. Enjoy(ing) the ride buddy. It's not over until I winskype id: karasinga. email: kkarasinga@gmail.com
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