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101  Economy / Economics / Re: What will happen to Bitcoin if there is a global economic crash? on: July 22, 2019, 07:51:22 PM
Bitcoin will be dump as people will ensure to keep real money in their pockets therefore they will sell most of their Bitcoin as Bitcoin together with the banks can be useless in some part of the world. Money will be proven most important in time of world crisis as it can be use instantly anywhere, anytime or what ever we need to survived.

Yes, many people may think that crypto can become even a higher risk during the crisis and start to cashout.

Besides, they can invest in gold and precious stones. I suspect everything that has real value for decades (diamonds, platinum) will be more popular. Bitcoin and the other cryptocurrencies might lose at least half of their price, but this is only my vision, not a prediction.
102  Alternate cryptocurrencies / Speculation (Altcoins) / Re: New Coin Graft Speculation on: July 22, 2019, 07:44:48 PM
GRFT Trading is now open on Hotbit https://www.hotbit.io/exchange?symbol=GRFT_BTC  Wink

This token was released recently but it managed to lose in its price. I do not think that Graft can become one of the best altcoins, however, the token can survive and even gain pretty well. Mining of this coin is profitable, and this is a great plus.

Although today the project seems weak as popularity and ratings are low, the rate is rolling down it’s impossible to call Graft unpromising. The project allows you to pay in digital currencies here and now. An anonymous payment method that is faster and more convenient than Visa and MasterCard is needed today.
103  Alternate cryptocurrencies / Altcoin Discussion / Re: Libra has competitive advantages over Bitcoin. We let this happen. on: July 20, 2019, 06:41:22 PM

19 July 2018
FACEBOOK
Mkt cap   $566.22B
CRYPTO SPACE
Mkt cap   $282,25B


Facebook was created in 2004 and Bitcoin in 2009. We'll see what market cap it will have when it's as old as facebook is now. We still have 5 years to go.

Facebook received big founding and was advertised. Bitcoin was not and started from scratch as a decentralized project. You're comparing apples and oranges. Facebook is advertising as we speak bitcoin still after 10 years is not.

It seems to me that here two different things are compared. Facebook popularity cannot be connected with the future fate of its cryptocurrency. Libra is not a rival of Bitcoin as soon as it is going to be a stable coin. The price for Libra will be fixed, and it will be not released for different speculations. BTC is for making profits and getting returns now.
104  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum 2.0 will bring big changes? on: July 06, 2019, 01:31:56 PM
I read the news about Ethereum 2.0 will be launched at the beginning of next year (January 2020).
What if buying ethereum for now, is the right time? If there might be good advice from you, let's take time for this.
 Thank you.
I heard about that too. Do you know what is the advantage of Ethereum 2.0 if you compare with the current ?
Seems like buying ETH now is a good strategy to investing it before the price gone higher from now.

Many things will happen - it is supposed to be a kind of a revolution. Ethereum 2.0, also known as Serenity, is an ambitious project for many years, the purpose of which is to create affordable programmable money for the world. Over the next few years, Ethereum will be subject to numerous updates.
Serenity is a technically ambitious plan that should lead us to a true world computer.
105  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Anonymous coins... on: July 05, 2019, 07:01:33 PM
Due to all this demand boom, for many it turns out to be very bad regulations, since it is a way to know who is behind the big money operations, the KYC a problem for those who want to continue operating under anonymity, the solution Are the coins anonymous? The market will take the direction there in the future?
There are some centralised cryptocurrencies who does not asking for KYC verification. If you love to use the anonymous mind always there in the marketplace. Paris Bitcoin and ethereum which is heating top in the price as well as in the enormous factor.

KYC refers mostly to ICOs. It can also be considered as a tool for translating user data into the commercial field. The most common uses for identification information are:
- Resale listings.
- Use data to track users.

As a result, leaving your data once, the user may face the problem of spam. In the attempt to squeeze maximum funds from their project and its gullible investors, the rigid ICOs do not miss the opportunity to monetize absolutely all the information. Thus, it becomes a threat and no anonymity here is observed.
106  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Future of Tron? on: June 28, 2019, 08:09:13 PM
Tron's popularity, especially in Asia, and in China is really great. The platform is good, and the team does not stop working. I do not understand why TRX has to fall and/or vanish. It can fall a bit to get up later.
107  Alternate cryptocurrencies / Speculation (Altcoins) / Re: New forecast for the market, what should we expect? on: June 28, 2019, 08:04:42 PM
The current trend suggests the bear market is over for now and although most alternatives haven't enjoyed much of an upturn in value yet there ought to be more demand for these soon as the market gains more attention from a broader range of investors

The market reached its maximum for summer 2019. Now, the cryptocurrencies will be falling a bit. Then, in July-August, the market will be waving for a long time (we had a similar situation this spring). I will be not surprised if the next highest jump happens not in winter as most of us think but in early August. I guess Bitcoin will be again the first crypto to go to the Moon.
108  Bitcoin / Bitcoin Discussion / Re: What is the reason Amazon hasn't adopted Bitcoin? on: June 28, 2019, 08:01:51 PM
Maybe if Amazon accepts bitcoin then there will be some big companies like visa and mastercard will be harmed because there are no more consumers who shop using the services they provide, besides if Amazon accepts bitcoin then they will also not be used by people living in a country which prohibits the use of bitcoin, obviously it will not be so profitable they will choose to use conventional payment methods using a credit card.
Well, they might have other reasons. We know that there are some transaction fees and in terms of an online shop, you must be used by that. Imagine if you are owning an online shop and a lot of people ordered but then they want a refund, what you will do is to return the payment they paid you, though as I said, the fees will be a problem. You did not just lose via refund you also lose a fee, it will be better if that is just few, but they are not.

Amazon has to pay salaries for its employees. If Bitcoin falls critically, how will they do it? It will affect the efficiency of the company work and the wages of people negatively. Amazon is not going to take risks.
109  Economy / Speculation / Re: Bitcoin dominance hits 60%, alts lagging behind on: June 28, 2019, 07:59:07 PM
I don't have to worry questioning the dominance of Bitcoin as it has been dominant even before.
As it continues to increase of even stay at that range, that would limit the growth of altcoins but like the last bull run, it started that way and eventually drop. Maybe time will come dominance of bitcoin will be 30% again, that time we shall see a great run for altcoins, but I'm not expecting it soon since bitcoin bull run is just starting.

Watching how Bitcoin is running up to the hill, people simply rushed to buy BTC. Its dominance jumped up. This is just the statistics. Bitcoin will be always #1 in the minds of all people, therefore, on the market also.
110  Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty may be an income medium for unemployed youth. on: June 28, 2019, 07:56:05 PM
Young guys should look for stable work or continue their education to reach better results. Bounties will eat their time that can be spent on more beneficial things. Bounties can be dealt with as an additional job.
111  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Monero 20% down, time to buy? on: June 28, 2019, 07:52:58 PM
im prefer to buy more on etherium, if you really want invest, hold your eth and btc until 2021, you will get big profit like 2017 did.

In comparison with ETH, Monero has not so bright potential, but it is the altcoin which will be always in demand. If you want to earn a lot, it is better to pay attention to other cryptos like Eidoo and BNB - they like to wave greatly.
112  Alternate cryptocurrencies / Altcoin Discussion / Re: Which altcoin is the best for trading/investing? on: June 27, 2019, 08:45:35 PM
Choose Ethereum, and it will not be a mistake even when this token falls. ETH is supported by many people, who are interested in buying this alt. It will be always in demand. If you are patient, hold it for a couple of years to get profit.
113  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Whats your 3 month/6 month forecast for Altcoins/Cryptos on: June 27, 2019, 08:31:13 PM
It is cool to read and answer the posts dated 2018. We can see which predictions were right. As I understand, it is worthless to make any forecasts for altcoins: they depend on Bitcoin. Its behavior cannot be also predicted.
114  Economy / Trading Discussion / Re: Where to invest my $1300 USD? on: June 27, 2019, 08:26:38 PM
Hi guys, where do you think should i put my remaining $1300USD? Any suggestion please? and why?

Bitcoin is definitely the choice number one. Cardano and Ethereum are the altcoins, which are the most reliable ones (in my opinion, sure). It is worth investing this money in such tokes as Tron, and Icon.
115  Economy / Economics / Re: When the government forbids cryptocurrency on: June 27, 2019, 08:22:11 PM
Basically, the reason why some countries banned bitcoin to protect their economy from illegal transactions by using Bitcoin. When China, banned bitcoin, Charlie Hayter, founder and CEO of the cryptocurrency data analysis firm CryptoCompare said that there is a risk that it could be used to fund crime or illicit terrorist activity — another reason is that it can be a route to circumvent capital controls. The possible effect is of course, less bitcoin users.

The usage of cryptocurrencies, especially Bitcoin, the most powerful crypto, may affect negatively national currencies, and they will be devalued. Thus, some governments do everything to prohibit any activities connected with crypto.
116  Alternate cryptocurrencies / Speculation (Altcoins) / Re: what do you think is the best move right now ? on: June 26, 2019, 02:22:34 PM
I am going to take risks and hold Bitcoin as I am waiting for the next top that can be 15 thousand. In this case, I will manage to return all the money invested in the cryptocurrencies before and even make some profit.
117  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Crypto market in depression on: June 26, 2019, 02:17:44 PM
As we managed to understand, this depression never lasts forever. Last time it was a too long period. Yes, we can wait for the market fall, but I doubt that the next depression can come very soon. People are active now.
118  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Give me a coin that will easily go 3x on: June 26, 2019, 02:05:38 PM
Two years ago, many altcoins managed to do it. Now, in 2019, it is hard to believe that even the coolest promising tokens will rise so greatly. Nevertheless, the best gainers can be predicted: TRON, Etherum, BNB.
119  Alternate cryptocurrencies / Altcoin Discussion / Re: Why my day job is making me depressed on: June 26, 2019, 01:21:58 PM
This is a good way to promote some tokens: we must remember this variant of complaining about the job that seems to be dull. Anyhow, as for this job, it is not recommended to quit it if you are a newbie. Later, maybe.
120  Alternate cryptocurrencies / Altcoin Discussion / Re: The three biggest mistakes you should avoid on: June 25, 2019, 07:09:56 PM

  • Panic Buy/Panic sell.
    In both cases, you will lose your money
  • Ignore Capital management.  
    If you ignore Capital management you will be gambler not trader
  • Following a signal Without risk assessment or stop loss.
    You will be like Jumping into the ocean without a lifeline jacket at, before do anything, look at your risk and reward and what your stop level is.
    by this way you can set Your Own risk and know what you do.

Panic sell is the number one mistake even for the investors who have been staying on the crypto market for long. Not to make it, you have to invest in the token you really trust, the alt which have the potential to gain later if it falls now.
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