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101  Economy / Economics / Re: Another good news for cryptocurrency in the Philippines on: June 15, 2019, 02:47:26 AM
That is really a great thing. Recently I have seen a lot of good news about crypto in the Philippines. I think they are inclined to develop and invest in a new potential area like cryptocurrency to improve the economy in a clear way.
If the Filipinos are well-informed about Blockchain and crypto knowledge over the next few years, I'm sure their country will outperform those in Asia.
102  Economy / Economics / Re: Another good news for cryptocurrency in the Philippines on: June 15, 2019, 02:37:01 AM
Iloilo properties for sale accepts crypto as payment

These properties are owned by cryptocurrency proponents who believe that a conversation on making cryptocurrencies a viable payment option should start.

The owners are both cryptocurrency proponents, and told CoinGeek that they believe that a conversation towards seeing cryptocurrencies as a viable payment option should start.

The owners also said that another reason why they accepted cryptocurrency payments is because of their plan to have the proceeds from the sale of the properties allocated into a cryptocurrency investment.

Read more here: https://www.unblock.news/news/iloilo-properties-for-sale-accepts-crypto-as-payment
In the past I have heard a lot of good news from the Philippines and I also greatly appreciate their enthusiastic support for cryptocurrency in general and Blockchain in particular. But I have yet to see the volume of crypto transactions in the Philippines increase markedly. The market still has such familiar faces as Russia, America, China and Vietnam. These are 4 countries with very large volume of transactions at the moment. So what happened to the Philippines?
103  Economy / Trading Discussion / Re: What is the next trading method that I should learn? on: June 14, 2019, 04:47:53 PM
I learned how to scalp crypto-currency and I do it well. I'd like to learn a new system. What do you suggest?
that's still not enough. You should practice yourself with high, disciplined virtues, always working on principles and learning more about how to analyze the value of businesses.
These are the qualities and experience needed for you to have a good trading journey in the future.
104  Economy / Trading Discussion / Re: Best alternative to Tether? on: June 14, 2019, 04:43:29 PM
The coming will be a disaster for USDT if they continue to develop this way. Globlacoin is certainly more prestigious and the transaction fees are much cheaper. In the near future they will have to compete with a very big competitor and I think this will really cause big losses for USDT. Market share will be stolen by Globalcoin.
105  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BEST IEO TO INVEST on: June 13, 2019, 12:46:23 PM
 I think you should buy the IEO on Binance and it is a perfect choice. With the current momentum, you will see that the price of BNB will soon rise to $ 41- $ 43 in Q4.
If you buy a lot of BNB and hold, if you can't buy an IEO, you still won't be afraid of losses because other traders will not dump BNB.
Besides, you won't have to deal with fraudsters using tools to buy tokens. There are too many advantages for you to buy a token in Binance.
106  Alternate cryptocurrencies / Altcoin Discussion / Re: Reason why bounty manager are not paying Bitcoin and other trade able coins on: June 12, 2019, 05:36:57 PM
Bounty hunters are requesting to get paid through Bitcoin and Ethereum or other tradeable coins so bounty hunters will not dump their token when it hit the market, thereby protecting its price.

But they don't want that because they do not believe that their own token will have value or demand when it hit the market  Cheesy and that's actually what's happening
That's one of the reasons I can think of if you have more post it here.
This is really a big problem for us. For successful development projects, they forget the bounty hunters and wait for their prices to be extremely low and then distribute them tokens.
I really hate this feeling and I feel like I'm useless at that project. no voice, no rights and only the right to wait. Smiley
107  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't be too quick to judge ICOs on: June 12, 2019, 05:23:54 PM
I personally do not believe this statistics that 99% of ICOs are scam, because some ICOs fail do not mean they are all scam. I usually tell people that starting an ICO is like starting a new business, it might succeed immediately, it might fail presently but have a great future and it might fail totally beyond redemption. So because a project is failing to perform presently or fail totally do not mean it is a scam. Don't get me wrong here, I never said there are no scam projects but the rate is not as high as alleged. Judging a project based on its first few years is wrong, give it time to realize its potentials.
you are right, not all ICOs are scam but since even the good projects can't succeed anymore because of lack of funding many now think they are all scams. I have read many post here related to such topics where people say ICOs are scam

Projects can suceed even without ICO , there is plenty of examples . One of them is Energi , look the graph and they had no ICO and no Premine . Novadays projects usually don't burn tokens / coin and keep for the project himself . I usually don't participate in ICO's and one of the reasons is not keeping the promises and token/coin freezing / locks
I also have the same strategy as you. we can see, the founder's promise is really garbage. For a trivial project, they never keep their promises and constantly delay the distribution and I'm very upset about it.
For projects that do not have good partners or do not have available funds, it will be very difficult to succeed in the crypto market. Therefore investing in such projects is risky.
108  Economy / Economics / Re: Big Bankers Say Cryptocurrencies Do Not Threat The Global Financial Stability on: June 11, 2019, 01:29:42 PM
they were definitely wrong. Venezuelans are feeling proud to buy BTC at low prices and their money is increasing. and then, 2020 BTC again halving again and the value continues to increase. So why does it not affect the stability of global finance? The market capitalization of crypto market is now more than $ 250 billion and the future will rise very high.
109  Economy / Economics / Re: Problems In Chinas Economy & Escalating Trade War Will Cause Large Bitcoin Rally on: June 11, 2019, 01:26:56 PM
IN the past I was convinced that crypto and stock markets are inversely correlated and when stocks were going in nose dive , I was certian that crypto will get a influx of funds from stocks but no, BTC was going down.

Now when stocks again are going down, BTC is going up.

There is no real correlation between these markets. But sure the logic of sotck money going to BTC is solid and could be true in the future.
I also think like you. because both are financial markets and they are quite similar. When stock investors hate safety, they will move to crypto market and use more money to manipulate easier. they are no longer under control and sometimes they earn more than invest in class A stocks.
110  Economy / Economics / Re: is it possible that the bitcoin was created by governments? on: June 11, 2019, 01:23:19 PM
I doubt the government will want to create something they have no control over. The government wouldn't want to birth a financial system that gives power to the people since the government aim is to continually keep their citizens in financial check.  Satoshi is a huge mystery though and I will want to leave it at that.
I don't think the government has created bitcoin. In fact, it will face many obstacles in promoting and fomo about Bitcoin from the first days. This plan is really great, but this conspiracy theory is not enough for me to think about it.
I think that creating Crypto will come from terrorists and they want to create an underground market to trade money more easily.
111  Economy / Trading Discussion / Re: Is margin trading worth checking out? on: June 09, 2019, 05:17:37 PM
Margin trading can make you bankrupt in no matter of time. One lost trade where you went all in and its over. Its definitly another beast than standard trading, you should definitly know what you are doing. There are lots of vids showing "pro" traders who lost everything due to a missplaced trade ... all in a blink of an eye. Just watch them to get a feeling what margin trading means.
I have also heard a lot about this. Margin trading is really scary and if but we can't get a lot of experience in risk management, it's really easy to lose more than 50% of the capital or even 100%.
I have also heard many professional traders who have lost a lot in 2018. It is really a game of chance and we should not participate.
112  Economy / Trading Discussion / Re: Here It Is - Bitcoin Trading Guide You Guys Asked For on: June 09, 2019, 04:55:42 PM
Nice tutorial. Been long I read a tutorial on cryptocurrency trading though. I prefer the simplest trading methods which are usually the most profitable for me. I tend not to rely to much on technical analysis
I am quite like you. I think the technical analysis is really redundant. In the cryptocurrency market, anything can happen because the price of everything is controlled.
that's why charts still can't tell the market situation. I just like basic analysis, evaluating businesses based on their potential and deciding whether to invest or not.
113  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What is the best coin buy now? on: June 08, 2019, 07:21:53 AM
ETH and the Ripple will be the best combo for this year to invest because the development is stable right now if you invest now that everything will makes the investment more developed that's why I say this will be perfect for everyone
well, I think, in terms of investment, the main coins that have the largest volume in coinmarketcap are always the recommended coins. if you are looking for new coins, try to pay attention, and do research on coins that have an IEO in popular market-markets, sometimes it can be a profitable investment. but I suggest to see a token of its function.
When the IEO is trending, we do not need to analyze the potential of that project. why? Because big exchange only select projects that are potentially enough to be listed on their exchange. Our mission is to hold token of exchange and try to buy it. then wait for it to list on exchange and sell them quickly.
114  Alternate cryptocurrencies / Speculation (Altcoins) / Re: XRP at $5-10 in 9 to 10 Days: Hype? on: June 08, 2019, 06:49:53 AM
Probably around 5-10 years Xrp might reach $10/ coin,  I think you need to do the multiplication of the current circulating supply by $10 and see the huge amount that it will sum up to,  such amount is not possible for now for Xrp to obtain

Yes, the circulating supply of XRP is very huge when it is impossible to reach more than 4$ in the coming years. Before increasing its price the price of Bitcoin should increase in the market, of course, Bitcoin recovered its price but it should cross it's previous high value in order to increase the XRP price.
when the price of the BTC increases, it is unlikely that the price of XRP will increase as planned. The price of XRP is really hard to increase in the near future because the supply of XRP is huge. so that it bounces back to $ 4 as at the end of 2017 is really a very difficult thing.
No bubbles will repeat in 1-3 years, our market will only grow steadily in the coming years.
115  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Binance Coin - Not Far From The Falling on: June 06, 2019, 03:11:48 AM
The market made a good upward movement and reached ATH . We have a resistance zone between 24.00 and 25.00 levels and the 1st attempt to pass this zone. More likely that the price will bounce and correct the previous movement. It will be logical if we can use this word and this market together. For confirmation of the price reversal we need to wait for the close price of the daily candle. If it is below 24.00 level and the bearish candle is strong, we will get the 1st signal confirming the bouncing from the resistance.

RSI is going to confirm the price reversal in the overbought zone. MACD histogram and in some timelines will be able to support a possible downward movement. The market looks overbought and the downward movement in the medium term will be a logical movement in the bullish structure.
haha, right now the price of BNB has reached nearly $ 32 after terrible price increases. although you talk about the level of technical analysis is quite convincing but everything has gone exactly the opposite.
This is also one of the reasons why I did not study and did not learn much about technical analysis. It really doesn't guarantee me the win.
116  Alternate cryptocurrencies / Altcoin Discussion / Re: SEC charges Kik ICO for issuing unregistered ICO on: June 06, 2019, 02:54:25 AM
This is really a difficult case. But we also cannot defend Kik while they are misusing investors' money and continuing to offer lower prices in the next rounds. It is not a good strategy and the SEC is doing its job properly.
If you continue to let Kik grow and let them continue to run out of money, what will happen next? they will lose all their capital and so will investors.
such a lack of transparency in calling capital and selling tokens is not acceptable in a big project.
117  Alternate cryptocurrencies / Altcoin Discussion / Re: Would Ethereum remain the number 1 smart-contract platform in 2020 and onward? on: June 06, 2019, 02:47:04 AM
for now we know that the platform supported by ethereum has worked well and can be evaluated as an important part of every ico project. so as long as this platform is widely used or trusted by every developer, it will always be a smart platform in the future.
Yes. I still believe in ETH in the following years. Basically, they have a team that works too professionally and excellently. Besides, their strategies are great and they are intending to expand and cooperate with many new businesses around the world.
In the future, ETH will still get market share largely in cryptocurrency, although their strong rival is EOS.
118  Economy / Economics / Re: Cryptocurrency lending business. on: June 05, 2019, 08:13:29 AM
Cryptocurrency loans emerged as an increasingly viable alternative to borrowing loans. What do you think about the cryptocurrency lending business?

https://news.bitcoin.com/genesis-capital-processed-1-1b-of-cryptocurrency-loans-in-2018/
Electronic loan money is good but it has many issues to verify and the risk is quite high. I have a friend who often lends money to get monthly interest, but sometimes he gets cheated and escaped.
So my biggest question is, how can Genesis Capital manage their debt and how can they get the money back from the borrowers?
119  Economy / Economics / Re: KYC for penny money? on: June 05, 2019, 07:43:51 AM
I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.

Whats your thoughts about this?
I am also very afraid of this. I only provide my personal information at large exchange rates like Binance and Huobi because they just want to certify that I am an investor.
But I will not give my information to some unnamed apps. I am very afraid of my information being abused for some illegal activities.
120  Economy / Economics / Re: Why most bitcoin users from good economies countries? on: June 05, 2019, 07:35:24 AM
 Most developed countries participate in the crypto market because they understand its potential and their investment is also very large. A strong economy proves that people are rich and they have enough knowledge to participate and make a profit from the cryptocurrency market.
so developed countries always respond well to new trends and they are still rich countries. Wink
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