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Bitcoin: Does it have a future ?
sparkly
#461 Posted : Monday, January 22, 2018 10:22:26 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
sparkly wrote:
Anyone noticed that wazua has a huge banner reading "BITCELL the world's fastest Crypto Exchange".



Now "Zoukcoin.com be an early investor".

Be informed that @Wazua is also selling snake oil, without the caveats.
Life is short. Live passionately.
Spikes
#462 Posted : Monday, January 22, 2018 10:36:21 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
sparkly wrote:
sparkly wrote:
Anyone noticed that wazua has a huge banner reading "BITCELL the world's fastest Crypto Exchange".



Now "Zoukcoin.com be an early investor".

Be informed that @Wazua is also selling snake oil, without the caveats.


Due diligence is essential as most of this banners you see are broad daylight scams. Na msiseme hamkuonywa!
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
Spikes
#463 Posted : Monday, January 22, 2018 11:12:52 AM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
A rally of lifetime has begun making bad news from India irrelevant! smile
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
sparkly
#464 Posted : Monday, January 22, 2018 1:47:57 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Spikes wrote:
A rally of lifetime has begun making bad news from India irrelevant! smile


You sound like @Obiero on KQ.

I could be right that @Obiero= @Spikes, on @Wazua's payroll to keep site active.
Life is short. Live passionately.
obiero
#465 Posted : Monday, January 22, 2018 1:49:04 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,245
Location: nairobi
sparkly wrote:
Spikes wrote:
A rally of lifetime has begun making bad news from India irrelevant! smile


You sound like @Obiero on KQ.

I could be right that @Obiero= @Spikes, on @Wazua's payroll to keep site active.

God forbid! But I do see the outright plagiarism by the pretenders.. I’m flattered that some clowns do not have sufficient content that they have to use @obiero lines

maka
#466 Posted : Monday, January 22, 2018 2:14:45 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
Mukiri 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

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)smile


ODYWEYW.....
possunt quia posse videntur
Swenani
#467 Posted : Monday, January 22, 2018 2:52:28 PM
Rank: User

Joined: 8/15/2013
Posts: 13,237
Location: Vacuum
Mukiri 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

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)smile


Gaarment IOU's are backed by you as a taxpayer bitcoins are backed by what again
If Obiero did it, Who Am I?
Spikes
#468 Posted : Monday, January 22, 2018 4:30:33 PM
Rank: Elder

Joined: 9/20/2015
Posts: 2,811
Location: Mombasa
obiero wrote:
sparkly wrote:
Spikes wrote:
A rally of lifetime has begun making bad news from India irrelevant! smile


You sound like @Obiero on KQ.

I could be right that @Obiero= @Spikes, on @Wazua's payroll to keep site active.

God forbid! But I do see the outright plagiarism by the pretenders.. I’m flattered that some clowns do not have sufficient content that they have to use @obiero lines


Why should I be you when I'm me? I can't buy your noise on KQ thread because your mindset is not my school of thought. I can only be Grandiose Bugger Obiero if I become a crazy lunatic.
John 5:17 But Jesus replied, “My Father is always working, and so am I.”
obiero
#469 Posted : Monday, January 22, 2018 4:38:06 PM
Rank: Elder

Joined: 6/23/2009
Posts: 14,245
Location: nairobi
Spikes wrote:
obiero wrote:
sparkly wrote:
Spikes wrote:
A rally of lifetime has begun making bad news from India irrelevant! smile


You sound like @Obiero on KQ.

I could be right that @Obiero= @Spikes, on @Wazua's payroll to keep site active.

God forbid! But I do see the outright plagiarism by the pretenders.. I’m flattered that some clowns do not have sufficient content that they have to use @obiero lines


Why should I be you when I'm me? I can't buy your noise on KQ thread because your mindset is not my school of thought. I can only be Grandiose Bugger Obiero if I become a crazy lunatic.

Lol.. You are the funniest clown ever

whiteowl
#470 Posted : Monday, January 22, 2018 9:13:42 PM
Rank: Veteran

Joined: 4/16/2014
Posts: 1,420
Location: Bohemian Grove
Anyone living in a third world country with a balooning public debt needs to have some crypo as a hedge if not for any other use.You might wake up one day and find its the only valuable currency you hold.
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