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101  Other / Meta / Re: System of nMerit on: May 09, 2018, 08:47:50 PM
nMerit is unnecessary. The forum will always be better with positive vibes.

We do not need that kind of negativity in the world. Yes, I meant world. The world already has enough hate and negativity, we need to work on diminishing that as much as possible. We have to spread love, not hate. This forum is considerably small compared with countries and big communities, but this is where we should start. We should start spreading love at the very nuclear, so that it can be spread at the very plenary.

Have you seen a "dislike" button on facebook, or a "least-liked" button on twitter? No, right?
Why do you think the developers never added them? In fact, this question has been asked to Mark Zuckerberg, CEO and coFounder of Facebook.
The facebook team stated that "the worry with a dislike button is that it would be used to bully or upset people, downvoting their posts as a way of being cruel to the people."
Instead of dislike buttons, they added like buttons with different emoji's (representing different emotions) such as anger, misery, overjoy, etc. And that's actually really sensible, as human's don't think in binary 0 and 1's. Instead of only like and dislike, they react with complex emotions towards many of events.

So no, there's no need for a negative merit, but if it's mandatory, expository merits can be a good idea. Imagine if you could merit and at the same time comment saying "Creative!", "Informative!", "Funny!", "Shows depth of knowledge!", etc.    Wink


EDIT:
There's no need for nMerit, imo. That's the same thing with facebooks Like system, if you don't like it, then don't like it. So if the post is bad and doesn't deserve merit, then don't merit. But if it;s a spam then report it.

Exactly my point. We wrote at the same time  Smiley Facebook's like system is a great example for this.



102  Other / Beginners & Help / Re: I am a newbee and I want to invest on: May 09, 2018, 08:06:24 PM
Hello, any suggestions and advices in investing in ICO's? I have invested in www.orbistransfer.com $1500 already via paypal

You have to be really careful. Anyone can make ICO's these days and most of them - in fact more than %70 - are due to fail.

Check out one of my previous posts below. It will hopefully help you understand ICO's and safety measures when investing.

Hello,
BEWARE Grin A LONG ARTICLE AWAITS

Why do people invest in ICO's?
How to research and choose the best ICO and minimize risks?

ICO's are very profitable. In most successful cases, they can have more than %3000 ROI(Return of Investment) rate, immediately when they are introduced to exchanges. That's a x30 return of your money.

However, anyone can create ICO's these days and one has to be extremely careful when choosing an ICO to invest in. According to some sources, the probability of an ICO being a fraud or simply failing is more than %70.

The things you can do to minimize the risks include:

Reading and deeply comprehending the white-paper of the project --> You have to completely love and believe in the project and its purpose before you put any money inside. It's very important that you understand their aims well, and you think that they are accomplishing an important thing that hasn't been done before and bringing solutions to a still unsolved real life problem. You shouldn't act according to the words of your Private Investment Group managers, popular youtubers or telegram consultants. Remember: You should invest in the ico because you like the idea, not because someone recommended and pledged high profit.

Check the market cap and token price, how many tokens you receive doesn't matter! --> Take a project that gives 100000 tokens in exchange for one ETH. A novice would likely look at the project and get really excited, dreaming about how rich he would get if the token price reaches 1 USD each. However, he would never bother to check the number of tokens to be issued, which is 100 billion!
A token with 100 billion market cap needs to have 100 billion dollar total volume to become 1 USD - (it would be very fortunate to exceed the price of 0.01$). On the other hand, a coin with 20 million market cap will only need a 20 million dollar volume to become 1 USD - the 20 m one is in fact likely to go upwards than 1 USD; more than 10$ is actually possible if it's a strong project.

Research about the background of the project, and the team behind it --> The team. Check their social media accounts. Check their LinkedIn. Are they well educated? Are they strong scholars in the field of their project? Do they have previous ICO's? If yes, were they fraud, success, failure? Do they have scam allegation background? (If information is limited on the team, be suspicious. If the team isn't disclosed at all, pass, that's a scam.

Check their affiliates --> Do they have partnerships?(i.e if they are a cryptobank project, did they secure partneership with a credit card issuer company? Have they acquired legal permit from government? Do they have agreements with major exchanges (i.e Binance, Bittrex)?

Check the community views on the ICO --> Is there a lot of hype? How many people know about it? Lots of hype is always a good sign. ICO review websites can also be checked but be careful, some of them are rumoured to be biased and advertising for bribe.

Lastly, are they in touch with the investors? Does the team communicate with the community efficiently? Do they have a thread on bitcointalk? Do they answer questions expressly? Do they have a telegram channel? A telegram channel with many members never hurts!

Always invest what you can give up. Invest at your own risk. There is always a chance of loss, no matter how cautious you are.


103  Other / Beginners & Help / Re: Bitcoin is the most decentralized cryptocurrency on: May 09, 2018, 06:41:58 PM
"Decentralised" DOES NOT HAVE AN EXTENT. IT'S EITHER YES(DECENTRALISED) OR NO(CENTRALISED)

"% of money supply held by top 100 accounts of those coins"
Does this rate being high or low affect the fact that those coins are decentralised or not?

As far as I'm concerned, you can't decide the extent of decentralisation. I mean, something is decentralised, or it isn't. You also can't compare cryptos like "x is more decentralised than y". It's either decentralised or it isn't.

Definition of Decentralised Market: "A market structure that consists of a network of various technical devices that enable investors to create a marketplace without a centralised location."

According to that, the outspread of the amount of coins does not affect the fact that bitcoin is decentralised.
Bitcoin is decentralised: not because the amount of coins are evenly spread (and it actually isn't evenly spread); but because it's based on a network of computers (blockchain) that enables miners to track and validate the transactions, and it is not regulated by a central government or a bank, it is regulated by the users themselves.

This topic is irrelevant, so is the website.

104  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][ICO] BANKERA - the Bank for the Blockchain Era on: May 08, 2018, 04:50:12 PM
I am still waiting to sell my Tokens. Only good thing I invested little, but still want to get my money back and move on.

Do you think that Bankera is dead or why are you so negative about the project? It could get back on track and move forward.

It is already on track. It's already moving forward. Faster than you think.
105  Economy / Trading Discussion / Re: How do I stop panic selling cryptocurrency? on: May 07, 2018, 08:57:28 PM
Since last week, I've lost %10 of my total holdings (btc-wise) and its counting.
I will never sell because selling means losing. I still didn't take the loss, coins will go back up sooner or later anyway!

106  Alternate cryptocurrencies / Altcoin Discussion / Re: Maximum ICO are failing Now!! on: May 07, 2018, 08:40:41 PM
I have known several ICO project name who are failing and they can't reach the even soft cap. What is the reason? Investors are decreasing or what? Besides this, Many Good Ratings ICO scamming now too!
I don't know why this is happening, For Market Down or Investors are losing their courage in ICO?
What do you think?
Hello,
BEWARE Grin A LONG ARTICLE AWAITS

Why do people invest in ICO's?
How to research and choose the best ICO and minimize risks?

ICO's are very profitable. In most successful cases, they can have more than %3000 ROI(Return of Investment) rate, immediately when they are introduced to exchanges. That's a x30 return of your money.

However, anyone can create ICO's these days and one has to be extremely careful when choosing an ICO to invest in. According to some sources, the probability of an ICO being a fraud or simply failing is more than %70.

The things you can do to minimize the risks include:

Reading and deeply comprehending the white-paper of the project --> You have to completely love and believe in the project and its purpose before you put any money inside. It's very important that you understand their aims well, and you think that they are accomplishing an important thing that hasn't been done before and bringing solutions to a still unsolved real life problem. You shouldn't act according to the words of your Private Investment Group managers, popular youtubers or telegram consultants. Remember: You should invest in the ico because you like the idea, not because someone recommended and pledged high profit.

Check the market cap and token price, how many tokens you receive doesn't matter! --> Take a project that gives 100000 tokens in exchange for one ETH. A novice would likely look at the project and get really excited, dreaming about how rich he would get if the token price reaches 1 USD each. However, he would never bother to check the number of tokens to be issued, which is 100 billion!
A token with 100 billion market cap needs to have 100 billion dollar total volume to become 1 USD - (it would be very fortunate to exceed the price of 0.01$). On the other hand, a coin with 20 million market cap will only need a 20 million dollar volume to become 1 USD - the 20 m one is in fact likely to go upwards than 1 USD; more than 10$ is actually possible if it's a strong project.

Research about the background of the project, and the team behind it --> The team. Check their social media accounts. Check their LinkedIn. Are they well educated? Are they strong scholars in the field of their project? Do they have previous ICO's? If yes, were they fraud, success, failure? Do they have scam allegation background? (If information is limited on the team, be suspicious. If the team isn't disclosed at all, pass, that's a scam.

Check their affiliates --> Do they have partnerships?(i.e if they are a cryptobank project, did they secure partneership with a credit card issuer company? Have they acquired legal permit from government? Do they have agreements with major exchanges (i.e Binance, Bittrex)?

Check the community views on the ICO --> Is there a lot of hype? How many people know about it? Lots of hype is always a good sign. ICO review websites can also be checked but be careful, some of them are rumoured to be biased and advertising for bribe.

Lastly, are they in touch with the investors? Does the team communicate with the community efficiently? Do they have a thread on bitcointalk? Do they answer questions expressly? Do they have a telegram channel? A telegram channel with many members never hurts!

Always invest what you can give up. Invest at your own risk. There is always a chance of loss, no matter how cautious you are.

107  Economy / Trading Discussion / Re: A successful trader must be an educated trader? on: May 07, 2018, 08:18:51 PM
Is it true to state that every successful trader is an educated trader. We know how trading is tedious,reading of chart, analysing the market and making a decisive decision. Do you agree any successful trader must be an educated?

%100 True. A successful trader has to be educated or he will lose his holdings.

As I always state in my posts, trading without technical analysis using only hearsayings is nothing less than gambling.
You should educate yourself in order to manage your money properly.
108  Economy / Trading Discussion / Re: Bittrex or Poloniex. which one do you like to trade? on: May 07, 2018, 07:36:34 PM
We know that Bittrex and Poloniex are the most sought after exchangers.
But I want to know which one is best to trade? and I want to know why.
Thanks.  Wink

Bittrex is best to trade. It's faster and safer.

Poloniex has lately had connection, login, withdrawal and deposit issues which kept many traders from trading. Lots and lots of grievances on Poloniex lately, I am also one of the victims. I couldn't log into my account for a week and couldn't swing-trade an alt which I saw potential in  Undecided
109  Local / Türkçe (Turkish) / Re: Türkiyede Bitcoin Kazanç Vergilendirilmesi on: May 07, 2018, 07:29:58 PM
Şu anda bir vergi durumu yok, sıkıntı olmaz.
110  Alternate cryptocurrencies / Altcoin Discussion / Re: $12000 to invest in long term. Which coin? :D on: May 07, 2018, 07:17:40 PM
Did you consider contributing to an ICO?

It can return profit rates that you couldn't even dream of with altcoins.

Check out my article on choosing and investing in an ICO safely: https://bitcointalk.org/index.php?topic=3625218.0
111  Alternate cryptocurrencies / Altcoin Discussion / Must Read Tips For Choosing and Investing in an ICO-What do smart investors do? on: May 07, 2018, 07:09:54 PM
Hello,
I decided to open this topic with regard to the increasing number of topics about choosing and investing in ICO's.
The topics of this article covers:
Why do people invest in ICO's?
How to research and choose the best ICO and minimize risks?

ICO's are very profitable. In most successful cases, they can have more than %3000 ROI(Return of Investment) rate, immediately when they are introduced to exchanges. That's a x30 return of your money.

However, anyone can create ICO's these days and one has to be extremely careful when choosing an ICO to invest in. According to some sources, the probability of an ICO being a fraud or simply failing is more than %70.

The things you can do to minimize the risks include:

Reading and deeply comprehending the white-paper of the project --> You have to completely love and believe in the project and its purpose before you put any money inside. It's very important that you understand their aims well, and you think that they are accomplishing an important thing that hasn't been done before and bringing solutions to a still unsolved real life problem. You shouldn't act according to the words of your Private Investment Group managers, popular youtubers or telegram consultants. Remember: You should invest in the ico because you like the idea, not because someone recommended and pledged high profit.

Check the market cap and token price, how many tokens you receive doesn't matter! --> Take a project that gives 100000 tokens in exchange for one ETH. A novice would likely look at the project and get really excited, dreaming about how rich he would get if the token price reaches 1 USD each. However, he would never bother to check the number of tokens to be issued, which is 100 billion!
A token with 100 billion market cap needs to have 100 billion dollar total volume to become 1 USD - (it would be very fortunate to exceed the price of 0.01$). On the other hand, a coin with 20 million market cap will only need a 20 million dollar volume to become 1 USD - the 20 m one is in fact likely to go upwards than 1 USD; more than 10$ is actually possible if it's a strong project.

Research about the background of the project, and the team behind it --> The team. Check their social media accounts. Check their LinkedIn. Are they well educated? Are they strong scholars in the field of their project? Do they have previous ICO's? If yes, were they fraud, success, failure? Do they have scam allegation background? (If information is limited on the team, be suspicious. If the team isn't disclosed at all, pass, that's a scam.

Check their affiliates --> Do they have partnerships?(i.e if they are a cryptobank project, did they secure partneership with a credit card issuer company? Have they acquired legal permit from government? Do they have agreements with major exchanges (i.e Binance, Bittrex)?

Check the community views on the ICO --> Is there a lot of hype? How many people know about it? Lots of hype is always a good sign. ICO review websites can also be checked but be careful, some of them are rumoured to be biased and advertising for bribe.

Lastly, are they in touch with the investors? Does the team communicate with the community efficiently? Do they have a thread on bitcointalk? Do they answer questions expressly? Do they have a telegram channel? A telegram channel with many members never hurts!

Always invest what you can give up. Invest at your own risk. There is always a chance of loss, no matter how cautious you are.

Please add below if you have further tips on choosing and investing in ICO's.

112  Other / Meta / Re: Meaningless and Redundant Topics on: May 07, 2018, 05:15:17 PM
[Redundant threads are periodically trashcanned by the moderators. Actually we do not do anything for it.
It's apparently ineffective.
113  Other / Meta / Re: Meaningless and Redundant Topics on: May 07, 2018, 05:13:20 PM
Update: The forum site I talked about in my article is actually using a "Rookie Confirmation List" system where newly created accounts are able to reply to threads, maybe even create their own threads but no one can see their replies except administrators. When they reach at least ten post count, they are appended to the waiting list and they are gradually admitted to the forum by administrators checking their content and making sure they aren't trolls, shitposters, etc. Some users report to have waited > 3 years, but it's worth it! It's a quality forum with no shitty content after all.

This may be also a good system for this forum. Altough it would require some reading labor for the administrators.  Tongue Smiley
114  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin a Ponzi scheme? on: May 07, 2018, 04:28:01 PM
I hate these kind of useless topics which are opened by newbies only for increasing number of posts.
Pointless and doesn't append to anyone...

Reply: No, bitcoin is not a ponzi scheme.

(Before attacks, Oh yes I'm a newbie too!)

Just gave you merit for at least speaking honestly as this the truth why so many useless thread keeps on trending but thanks to admin of this forum things are different and now a user need more than words and time on this forum to rank up and that system is merit. I personally like this system but believe it is implemented with some delay and still have some loopholes as forum is already flooded with many people so it is best way to control the situation but still many users resist to give their merit to other users. I think admin should start some efforts so that at least every time you come online and read things on this forum you should at least give 2-3 merits to any answer you like this way many users will get a ray of hope of upgrading.

Thank you very much! Check out my new thread about "meaningless and redundant topics". Maybe you can share your thoughts too.
https://bitcointalk.org/index.php?topic=3619416
115  Other / Meta / Re: Meaningless and Redundant Topics on: May 07, 2018, 04:23:36 PM
Before opening a thread, people should be incited into researching, and checking if the question in their mind has been discussed before. And after researching, if they can't find the answer to their specific question anywhere, then they should open new threads.
What makes you different, we have already talked about this before if my memory do not lie  Cheesy
Assuming you have already searched for this kind of discussions and did not find any?

You are right though! There were two-three other threads mentioning "Boring Topics" and "Redundant and Spamming Users".  I could have replied underneath them however I didn't find them relating to my specific point which is a solution about changing the system(merits, forbidding thread openings, etc.) all over. They were talking about reporting and banning users. I thought my idea deserved a new thread.


This one is really close to my thoughts:
https://bitcointalk.org/index.php?topic=3017506.0
Other topics:
https://bitcointalk.org/index.php?topic=3060656.0
https://bitcointalk.org/index.php?topic=3138850.0

All of these people got at least one reply from someone like you sir  Wink  "You are actually doing the same game." But unfortunately that doesn't contribute to solving the problem.
116  Other / Meta / Re: Meaningless and Redundant Topics on: May 07, 2018, 04:10:29 PM
I agree with most of what you have said.

However I disagree about forbidding newbies to open new topics.

Many people are not newbies in bitcoin, but they have some doubt or they are having an issue with something bitcoin related, such as wallets, private keys...
These people can open a new topic about their issue and community helps them. This is how i discovered this forum.

Maybe this restriction could apply to some boards only.
Bitcoin technical support and beginners & help are very helpful for newbies.

maybe allow them only on Beginners & Help ?
117  Other / Meta / Meaningless and Redundant Topics on: May 07, 2018, 02:39:39 PM
Hello,
Before starting, My account is newbie but I've been around here for a long time. I haven't ranked up because I haven't written much, I preferred reading instead.

I don't know if you agree but personally, when I go into the forum and open the "Bitcoin Discussion" thread(I do this nearly every day), I want to see useful, quality things that would benefit me. These may be discussions about recent news concerning cryptocurrencies (Media, Ban, legal issues, fud sources etc.), tech updates, or something that will broaden my views on cryptocurrencies, something interesting, something I DON'T know.

So the thing that's been bugging me lately is, every now and then, people -mostly newbie accounts- open topics that are ineffectual and of poor quality. For instance: "What you do if a rich people gives you money to spend on cryptocurrency?" (Sentence structure exactly like this), "How much have you invested?", "Crypto is the greatest online business to invest on? (Online business?), "So you all want to get rich? All of you?", etc.

There are many others that I find useless not because they are low quality, but because they have been discussed quadrillion times before. eg. "Best wallet for bitcoin?", "Bitcoin safety", "What is a blockchain?" (a blockchain?), "Crypto vs Fiat" etc.

So what should be done? How do we solve this? Well I don't have a certain answer but I have ideas. Please share your ideas also, I'm opening this thread for brainstorming. First of all, merit system is apparently not enough to provoke people into opening quality threads. Before opening a thread, people should be incited into researching, and checking if the question in their mind has been discussed before. And after researching, if they can't find the answer to their specific question anywhere, then they should open new threads.

I think the ranking system is also faulty because people are inclined to post bullcrap just to increase their post count, they don't care about the content. Maybe restricting newbies from opening new threads would be a good idea. I actually know successful forum sites (they translate as "dictionary" in my language) where a particular seniority is required to open new threads (junior members only get to reply and contribute to existing threads until they reach a certain primacy) and one topic can only be discussed in one thread, no redundancy. This way the quality considerably increases.

Please also share your views and tell me if there are points you agree or disagree on.
118  Economy / Economics / Re: How will crypto go long term? on: May 06, 2018, 08:05:08 PM
To the www.nasa.gov/sites/default/files/thumbnails/image/christmas2015fullmoon.jpg
119  Local / Türkçe (Turkish) / Re: Bitcoin nedir? Emtia mı? Para mı? Menkul Değer mi? on: May 06, 2018, 03:53:09 PM
Bitcoin emtia değildir. Emtia satılabilir mallara verilen isimdir, somut olmalıdır. Örneğin Altın, gümüş, petrol, doğal gaz, bakır, pamuk, mısır, buğday, şeker, kahve gibi.
Menkul değerlere gelince: Kişilerin yatırım amacı ile edindikleri, ortaklık veya alacak hakkı sağlayan ve çıkarılması için Sermaye Piyasası Kurulundan izin alınan kıymetli evraklara menkul kıymet denir. Bu durumda bitcoin menkul kıymet tanımına da "yatırım amacı" bağlamında uyum sağlıyor.
Son olarak: Bitcoin paradır, ödeme aracıdır.

120  Bitcoin / Bitcoin Discussion / Re: Is it worth to pay $8200 for 1 BTC if you are a newbie? on: May 06, 2018, 03:40:26 PM
Is bitcoin still a good investment for newbies? Is it worth to pay almost $8200 for 1 BTC today?

How do you define a newbie and what does buying bitcoin have to do with being a newbie?
What do you consider good investments for a "newbie"?

Reply to question: $8200 for 1 BTC is WORTH it. (for anyone Including newbies, intermediates and pros Wink)

Btw if the question was "is swing trading BTC a good investment for a newbie?" I'd say definitely no.
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