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101  Economy / Trading Discussion / Re: Careful with Social Media Tips on: September 12, 2018, 04:14:05 PM
Social media is a good source for learning on how to use strategies and at what time. Just keep in mind that many traders offer their advice for a particular situation in a particular time.
You should design your own tactics, at your own pace. There is no guarantee that everything you see in these guides will work out for you the same way it did for posters. Keep learning, trade, and draw your own conclusions.
https://www.cryptocointrade.com
Yes, all the things we see on social media are not legitimate. Many of them are fake. There are thousands of advertisements posted everyday because of the wide reach of social media. Nowadays almost every person having a standard job is using social media. Therefore the criminals consider it as the best tool to scam the people, given that many innocent people are also there on social media.
102  Economy / Economics / Re: Bitcoin could be use as unified currency for all fiat money around the world? on: September 12, 2018, 11:46:16 AM
Yes, that would be very great. This would eliminate the problem of converting one currency to another before making any cross border payments. Also there will be no legal formalities involved in making cross border payments. You can travel all over the world with only Bitcoins wallet with you. But I think lot of work has to be done on Bitcoin in order to be using it as mainstream currency. But this is more of a dream atleast for next 50-60 years because such a thing will remove inequality of income between various countries.
103  Economy / Economics / Re: ADVANTAGES OF INVESTMENT USING BITCOIN on: September 12, 2018, 11:31:55 AM
1. Advantages of Bitcoin Investment: Bitcoin Security Factors
 Bitcoin is very difficult to fake by other parties. Besides that, every Bitcoin that exists and every transaction made will be recorded on the Blockchain. This makes it possible to know the amount of Bitcoin and transactions that have been made.

2. Excess Investment of Bitcoin: Can Be Used As Savings
Bitcon is a form of savings as well as investment that has a simple and no hassle system. Bitcoin value has the potential to continue to rise from year to year and can be a very profitable investment tool. However, you still have to be aware of the high risk of Bitcoin. Because, it is not impossible you can suffer losses from investments made.

3. Advantages of Bitcoin Investment: Bitcoin is Easy to Use
The ease of use because of its world-recognized and digital nature. When you want to transfer money, you only need a Bitcoin Wallet or Wallet that you can make easily.
4. Advantages of Bitcoin Investment: Pure Bitcoin Value Based on Market Law
Market law reads, when an item / service experiences an increase in demand, while the supply of goods is fixed, the price of goods will increase. Likewise, when the number of bids is higher than the number of requests, the price will decrease.
5. Advantages of Bitcoin Investment: No Party Can Intervene in Bitcoin
The thing you need to understand next is Bitcoin using a decentralized system. This means that there is no party to regulate it, because all parties can participate in the process.
6. Advantages of Bitcoin Investment: Bitcoin is Easy to Carry Easily and Safely
Because it has no form and is a virtual currency, you can carry whatever amount of Bitcoin you have. In addition, you can still feel safe from a potentially disturbing crime during your trip.

7. Advantages of Bitcoin Investment: All you need to do is enter an email address and right away you can get a Bitcoin account. This convenience allows you to have many Bitcoin accounts with different ownership names.
8. Excess of Bitcoin Investment: Secrets to Maintain
The thing that makes your secrets more awake because when you make a Bitcoin address, you don't need to use your real name or residential address.
In this way you can create a Bitcoin account and keep the account owner confidential.

9. Advantages of Bitcoin Investment: You Can Use to Pay Transactions
The last advantage that you can get when investing in Bitcoin is the ease of making payments for every transaction made. Merchants that provide Bitcoin acceptance services have spread throughout Indonesia and the world. However, you must really ensure that the merchant accepts payments using Bitcoin.
Yes, an investment in Bitcoin has many advantages. I would like to add one more. Bitcoin has lower risk of inflation as compared to fiat. Since all the currencies in the world are controlled by the respective governments, they can print more money which can cause fluctuation in the value of a currency. The amount of currency increases and the value goes down thereby causing inflation. This is not the case with decentralized cryptocurrencies.
104  Bitcoin / Bitcoin Discussion / Re: Can Artificial intelligence and blockchain be used together? on: September 12, 2018, 10:28:41 AM
Will it be possible for the future projects in blockchain and for bitcoin to involve Artificial Intelligence in its working for increased efficiency? And will the use of AI be even useful or possible?
Yes, this is definitely possible. The blockchain can be used in artificial intelligence apps for entering the data into the systems and obtaining the results. This will guarantee the accuracy of data. Blockchain can also establish a marketplace for AI systems. The blockchain technology can eliminate the barriers to entry in this field for the small scale players by reducing the competitive advantage available to technological giants.
105  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin safer than banking? on: September 12, 2018, 10:21:13 AM
Reports have it that bank frauds still continue to happen despite of strict security measures being taken by the banks. Just between January to July 2018, just timeshare fraud alone had 1.155 reported cases. It's when you’re told you can go on a free holiday or get rich by joining an exclusive holiday club or timeshare programme, but you’re eventually forced to pay for it through small print in the contact. That is not to mention other types of fraud like identity theft etc.

This gets me thinking, is it safer to just have bitcoins, or cryptocurrencies for that matter since it's not regulated by banks? What do you think?
I don’t think so that this in any way has any relevancy to bank frauds. I think this is a perfect example of utter ignorance or foolishness on the part of human beings. I mean it is obviously a person’s fault if he falls prey to such scams. Criminals or scammers are present in almost every field be it banking or crypto industry. So it is important for us to be careful and attentive. Doesn’t matter whether your funds are in banks or crypto
106  Alternate cryptocurrencies / Altcoin Discussion / Re: How to invest in an ICO? on: September 11, 2018, 05:45:10 PM
Guys, am I doing an academic research for the completion work of my undergraduate and would you like to count on the help of the community?
This questionnaire is fast.
It's 4 simple to ask and you'll respond in 1 minute. Help the community grow academically.

1. Have you invested or are you thinking of investing in an ICO?

2. By what means of communication did you hear about the last ICOs you remember?

a) Forum
b) Youtube
c) Blogs
d) Technology Sites
e) Cryptomeo sites
f) Facebook
g) Instagram
i) Investment and business sites
What do you think is the time to invest in an ICO? Priority order.
the idea
b) Team
c) Market that an ICO will act
d) How much has already been invested
e) Price
f) Support (investors and partners)

3. What do you evaluate when investing in an ICO? Priority order.
the idea
b) Team
c) Market that ICO will act
d) How much has already been invested
e) Price
f) Support (investors and partners)

4. When you invest in an ICO you look.
a) Promotional video
b) Whitepapper
c) Site
d) History of the team and investors
e) Presentations

My answers would be
1.   Yes, I have invested many times in ICO. Social, Eidoo, Insurepal are a few out of them.
2.   I mainly get to know about ICOs from forum.
3.   How much has already been invested, team, and then price and support. Obviously dont forget the most important thing the core fundamentals of the project and how much utility will it provide in everday life.
4.   I look at the whitepaper and history of the team and investors.

BUT I would give a great disclaimer to you that in this bear run nearly all the new ICOs are going rekt beware before investing.
107  Economy / Economics / Re: How Bitcoin becomes a real currency on: September 11, 2018, 05:04:26 PM
I also think that Bitcoin cannot become the mainstream currency in its current state. Bitcoin has so many unexploited flaws. The fact that it is decentralized makes it completely unsuitable to act as a prime currency. It has no minimum valuation guarantee. If a lot of whales decide to dump Bitcoin, the public would suffer immensely. We know that Bitcoin make the illegal transactions quite easy. So the crimes would increase if it started acting as the main currency.
108  Alternate cryptocurrencies / Altcoin Discussion / Re: what are you 5 best altcoin that have put smile on your face on: September 11, 2018, 04:57:57 PM
hy mates

i would love to express or list five (5) most altcoin that have really put a smile on my face from cryptocurrency
1. Ethereum blue
2. Neogold
3. Docademic
4. Trade.io
5. Nexty.io

so please what are you best altcoin?
you can express yours lets keep the forum moving and forget about the sudden drop of the market.

smiles
Altcoins had never bought me much happiness, I guess. I don’t mean that they caused me huge losses, but the profits were trivial and most of them were set off by some losses. My experience was great with Bitcoin. It has definitely given me some happiness. Anyways, Ethereum is the only Altcoin I can remember with which I had quite a good experience. For the future I think Venchain can be a great product and has a great potential in future it is already showing great results better than many alts
109  Alternate cryptocurrencies / Altcoin Discussion / Re: Idea of buying Ripple. on: September 11, 2018, 11:06:18 AM
Considering what is obtainable in altcoins market right the price of altcoins are depreciating on daily basis as we have seen in recent time. Should i buy Ripple to hold till when altcoins recover?

What is your advise ?
There are so many Altcoins in the market. It’s always up to the investors which to buy according to his own goals or targets. Yes the market is down nowadays, which perhaps is good for you as you are thinking of buying an Altcoin. If you researched properly and found ripple is good for you then go ahead with it. It is definitely a great coin with a lot of potential.
110  Economy / Speculation / Re: Do you regret it not selling at peaked on last jan 2018 ? on: September 11, 2018, 10:53:26 AM
Do you regret it ?
or do you believe BTC will create a new ATH ?
I guess this type of regret is the most common. Many investors would be regretting about this. But I see no point in this because we didn’t knew that Bitcoin will fall so low.  Making predictions in cryptocurrency market has always been very tough. So if we had known in advance that this would be the condition of the Bitcoin the obviously we had sold it. But we cannot predict so many factors that affect the price of Bitcoin.
111  Local / India / Re: Is this the END of bitcoin and crypto in India? on: September 11, 2018, 10:37:55 AM
With latest update on zebpay-app  it looks like zebpay is closing down their operations in India soon due to the RBI directives. Well the writing was on the wall since last few months as RBI and Indian Govt maintained their stern attitude towards the crypto in general.  With blanket ban on crypto to cash conversion it become very difficult for bitcoin and crypto community to survive.
I don’t think so closing down of Zebpay in any way implies the end of cryptocurrency market in India. so what if what exchange is closing down, you have lot of foreign exchanges which you can use for cryptocurrency trade. I know our government is showing restrictive attitude towards crypto but they still had not banned the market completely because at somewhere they are aware of the crypto’s potential.
112  Bitcoin / Bitcoin Discussion / Re: Is cryptocurrency so difficult to understand on: September 11, 2018, 10:22:36 AM
I engaged with young people and layman people in my communities on the quest of exposing them to cryptocurrency. During the period I discovered that they find It so difficult to understand the concepts, they are so much acquainted with fiat currency and traditional ways of making payment transactions.
I will be impress If I can get a valuable ways and methods in making them understand what cryptocurrency is all about and engage them actively.
Yes it is definitely difficult to fully understand the cryptocurrency market. There are so many things that make this market work like blockchain, mining, and much more. So understanding all of this needs a great deal of time and a strong commitment from the person. I mean the person himself should be willing to learn about this market. You cannot force someone to understand this market.
113  Bitcoin / Bitcoin Discussion / Re: Bitcoin, blockchain, technology that does miracles on: September 10, 2018, 07:09:12 PM
Bitcoin, technology that does miracles.
All of us know that Bitcoin is a new technology based on blockchain, but what can be done by Bitcoin? well, first of all, more than hundreds of thousands online shops all over the world accept Bitcoin as a money to buy their products with, secondly, you can transfer as much as money you want without the interference of central banks. this causes many people think of it as a miracle.
You don't need any permission and also no written contract or signature from anybody to own millions of dollars in Bitcoin, this means that you can easily convert millions of dollars to Bitcoin assuming that you know how and easily you can hide all of those money from the records and you would be able to avoid paying some of your taxes without actually doing anything illegal because nobody can prove that you have all of those money if you don't tell them. Bitcoin would give you complete financial freedom, no doubt.
The other point about Bitcoin is that you don't need any Swiss bank to hide your money if you don't want anyone know about how much money you have. you would be able to carry millions of dollars on a piece of paper and no one knows anything about it.

This must be said that many illegal jobs which are crimes in most of the world has become easy to do because of Bitcoin, in fact
This is one of the disadvantages of this electronic currency, another disadvantage is the fact that you or anyone else can do
Money laundering without fearing of the law, you can blackmail and no one can follow your transactions back to you. all of this
Doesn't mean that Bitcoin is bad.
What makes Bitcoin a miracle is that you are your own banker, doesn't make any difference how much you have, if you deposit
A large sum of money in a bank, they start asking many questions that no owner of Bitcoin has to answer them.
Yes, using Bitcoin can give you so many advantages. It is allows us to maintain privacy regarding our finances. Only the parties to contract can see your name. It does not need any credit or debit card or any such details thus minimizing the risk of hacking. We can make cross border transfer to any part of the world, where internet connection is there, with the help of Bitcoin without any legal interference.
114  Economy / Speculation / Re: What strategy we should take when Bitcoin price fall on: September 10, 2018, 05:12:23 PM
Now a days we sometimes seeing the price of Bitcoin falling along with others also falling.
At that time if I have Bitcoin then what should I do ?
Should I sell or hold?
I think that it is always best option to hold the investments whenever they are running in losses because the whole market is down. Since Bitcoin is a trusted coin so you should not fear that it will fall to zero. It will definitely rise after sometime. So I don’t see any point of selling such top coins at loss. In case you hold some other coin and you doubt that it will recover then just sell it.
115  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Should I Convert My All Coins into Bitcoin or USD? on: September 10, 2018, 03:56:50 PM
What's going on the crypto market? The crypto market keeps bleeding. When will come the good time? My investment, bounty coin hold, everything has become a general amount, where it was big! I can't think what should I do? Because every plan of mine is failed. My hopes, my thoughts are zero now, because this year crypto is giving only panic, not success! I got nothing by hodling my coins! I really hate them who suggested me to hold, hodl!!

What do you think guys? Should I convert my coins into USD to prevent the price falling?

You said you hate people who earlier suggested you something according to their own knowledge. No one forced you to do that. The ultimate decision was yours. So don’t blame others. And above that you are again asking for some advice from that people. For what?  Only to blame them again if something happened wrong in future. If you hate us then stop asking for suggestions and take your own decisions and have some sense of accountability. It’s not like only you are suffering losses, many others are also experiencing the same. Stop acting as a victim.
116  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How was your experience in joining bounty or airdrop? on: September 10, 2018, 03:55:27 PM
Hey everyone!

I am very new to joining airdrops. I just wanna know if you had experience joining into some ICOs but did not receive your expected tokens? Or what was your first tokens that you received?

My first received token was very rewarding experience, still counting other and tracking my airdrops atm.

Can you share some of your experiences about this matter?

thank you!
I have been participating in bounty campaigns since few months. I am having great experience. Bounty campaigns allow you to earn some additional income by just sitting at your home. You just have to pick your favorite job and start doing it. But make sure to be careful of scams. Coming to airdrops, I participated in few, out of them some never gave the token and some did give. Not a good experience with airdrops.
117  Economy / Trading Discussion / Re: Would you trade your Bitcoins? Which Altcoin do you prefer? on: September 10, 2018, 03:13:23 PM
We are very curious: Which Altcoin do you prefer/like at the moment? Would you trade your Bitcoins for that Altcoin, and expect to get a higher profit?

For instance, TRON is getting quite popular, so we listed it on IcoCryptex.io. But if there are any other coins you prefer, we would like to hear about it.


I don’t think so this is the right time to trade the Bitcoins. But in case I have to then I would go for the one among the top 10 on coin market cap. I think all of those are good Altcoins. I would prefer to go with Ethereum, considering it is the top Altcoin. Also nowadays its value I also down, so this would be a great opportunity to invest in Ethereum.
118  Economy / Economics / Re: Crypto currencies' earnings can be invested into which platforms? on: September 10, 2018, 03:01:15 PM
Want to start up a business with crypto earnings. I would love to start up a super market. Love to start it employing minimum 10 members. We have so many platforms around. The best platforms i feel are, Real estate, gold, trading, share market and etc.  I find crypto platform would be other best option to go with always. What would you experts suggest me of ?
you can invest your cryptocurrency earnings in anything you like. Cryptocurrency market is obviously a great option you can consider. It mostly depends on your needs. If you want to start some business then you should surely go ahead with it. Real estate and gold too, I think are good investment options to consider for long term investments. This will diversify your investment portfolio.

119  Economy / Economics / Re: Bitcoin can decrease economic development on: September 10, 2018, 02:33:42 PM
Being worried about this new era. We are bound to digital worlds and forgotting the needs of our physical world.

If our farmers, fishermen, and other workmans that focus on agriculture would know how to gain bitcoin, will they still do their profession? However to some country, this is not a profession but a job to earn money. And if they learn about bitcoin, will they be able to continue earning from their hardworking jobs?.

What can you say about this?
But why would farmers stop doing their job just because they became familiar with cryptocurrency market? Do you mean that they will leave their jobs to do the full time crypto trading? Come on, dude, I don’t think so it is possible. First, cryptocurrency trading as a means of daily income is very dangerous. Second, one needs to be a literate person, with good analytical and technical skills and some experience to trade profitably in the market. I don’t think so that farmers would give up their job for crypto.
120  Economy / Trading Discussion / Re: Can you make money when the market drops? on: September 06, 2018, 08:53:44 PM
Yes I do agreed that when the market down it is a good time for us to buy some of the coins who was being dropped its value, especially if those potential altcoins suddenly decrease their prices. But it was only good if you have a lot or huge amount of money to any of the potential coins. And all of it will only be fine if you know a lot well in trading mate but if not, well of course you cannot make money for sure in the end.

I think when the market falls down heavily, it is a very good opportunity for the investors to buy something because all the cryptos are low than their actual worth. But please make sure to invest in some good coin. For those who were already holding some coins, they should show some patience as when the new investors will enter the market the market will rise and your holdings will also rise.
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