Latest posts of: iconoclast

Quote from: masterrex on August 11, 2018, 03:34:58 PM

I think this is the worst time of the Entire 2018 for Ethereum and other altcoins! my prediction about ETH is It will hit low at $230 dollars in the following days for those who believe that Ethereum will rebound it is the best time to Buy more and HODL and for those already Hold just stay firm and HODL don't sell at losing point? What is your opinion about Ethereum and this market condition.

The selling looks a lot like capitulation selling which is want you always want to see if you are looking for a change in sentiment. I have been adding to my ethereum position on a regular basis since May and I will continue to add to that position. I am an investor with a long time horizon so for me what happens to the price in the short term is not that important and falling prices are simply an opportunity to get more coins for my regular investment.

Quote from: ll63248555 on August 11, 2018, 01:42:00 PM

If yes, would you invest in technology or industrial projects?

I will invest in an ICO if it meets my investment criteria. Some of the things I look for are:
- Solid team with a proven record of success in cryptocurrency.
- Very low, if any, discount given to private investors or presale.
- Lock up on insiders coins.
- A project that advances the underlying technology of the blockchain.

Quote from: Cracker563 on August 14, 2018, 07:16:54 AM

Recently ETH dropped below $300 , what do you think the future holds ?

Do you think it will still go below that?

What has changed besides the price? We are seeing all the cryptocurrencies falling on the back of Bitcoins regulatory woes. So yes I still believe in Ethereum. It has the best use case of all the cryptocurrencies and unlike Bitcoin it is actually evolving. There is nothing you can do about market except make the most of what the market gives you. The smart people are viewing this as an opportunity to add to their cryptocurrency positions.

Quote from: FinnethB on August 09, 2018, 04:46:46 PM

It’s so hard to know that the ICO are scams. Unless if you’ve been a victim before. Have you heard about Myshield the first decentralized Anti-Scam platform that will definitely help us eliminate and destroy those Scams in Crypto industry. If not now then when? So join the community now. t.me/MyShield_TM

One of the easiest ways to detect a scam is to look at the people behind the project. What you want to look for is third party validation of the people behind the project. Look at their LinkedIn Profile and pay particular attention to Skills and Endorsements and Recommendations. If someone is claiming to have been in the business world for a number of years and they have not accumulated a number of endorsements or recommendations then their profile is likely fake.

Quote from: Piskeante on August 12, 2018, 11:15:18 AM

SEC has already said privately to big investors that they will say NO to that, that's why this market crashed.

The problem, is that very few people already know the decision. When this situation is published the 30 of September, we will have an apocallipse.

Enjoy one more month. Crypto is gonna die in just about 2 months.

Crypto does not need a Bitcoin ETF to survive and the SEC does not make regulations for the whole world. Only US markets. If they reject it again my bet is you will see someone launch a Bitcoin ETF in Europe or Asia. You are also placing too much store in the importance long term of Bitcoin. If what you predict does come to pass I hope that we finally see the Altcoins decouple from Bitcoin and start trading on their own merits.

Quote from: adekogbe on August 11, 2018, 07:26:05 PM

It is important to know that for any project hoping to convince investors into putting their money into the project, they are going to be focused on making the project as appealing as possible which means that the project's whitepaper will surely be good so I believe you should look beyond the projects whitepaper to decide if a project is legit or not.
Always make through research of a project's team, road map and token metrics to decide which projects to invest in

When I analyse any project I assume that all the information I am getting is false unless I can confirm it from independent third party sources. You should always remember that the whitepaper has been written for one purpose only. To convince people to invest time and money into the project. At best they will always promote the positive and try to diminish the negative, at worst they will be nothing more than a carefully contructed web of lies designed to part you from your money. Be sceptical at all times.

Quote from: Swati Kapoor on August 11, 2018, 06:43:58 PM

HELLO friends,
will you please share, what is the main point need to analysis in ICO ?

Thank you !!!

The most important criteria for any ICO, or for any business is the team of people that have been assembled to complete the project. You can have the greatest idea in the world or massive amounts of money invested but if the right team is not there to carry out the business plan then it will lead to nothing. Everything that can and will go wrong in a project developing in a dynamic business environment like cryptocurrencies can happen and if you have a good team they will adapt to the changes and push through the obstacle to success.