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So in the WORST case scenario, ALL the chinese exchanges close. And we lose 18% of the bitcoin trading volume globally. Or do we? What if everyone moves over to localbitcoins? What if people see, hey, actually we can also just go over to USD or RUB or JPY or KWN. Or just trade alt to alt, with the multiple available decentralised exchanges, and when ready to cash out, do a lump sum exchange to fiat over localbitcoins or even other exchanges (that don't have trading platforms.
It's not too difficult really.
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Hey, that's okay too. Don't be discouraged by what people will say. There's always a critic for every move, can't please them all. If this was made you comfortable so you can sleep tonight, then you already did the right thing. Maybe you'll be happy if it continues to fall, maybe you'll be sad if it spikes. But as long as this was a decision that was backed by reasoning rather than emotion, no one can fault you for it.
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I made a portion of my intended dip buys today! About 20% of my BTC now converted to alts that are now about 25% cheaper than they were just a few days ago. If it dips again, I will put in 30%. And if it dips yet again then it's all in for the remaining 50%. Then I just have to sit tight for a couple of months and look at the November fork. If that doesn't work out... then I wait for next year. All in all only 0.25 BTC anyway so nothing terrible to lose (I hope).
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Haha, ok Strymex. But with BTC falling so badly, wouldn't it also be a terrible idea to buy ARK with BTC when you "automatically" make a loss from 3 days ago, or did you also take into account BTC/ARK prices and not a pure fiat outlook? What's the entry point if I were to get myself some ARK now? I can put in an order.
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It is still below the 50K mark. In July, if I remember correctly, we got close to the 100K mark. The 2 MB block size needs to be implemented without any further delay. Else, it is going to bleed the users dry. I am not saying that 2 MB blocks are a permanent solution, but right now even a temporary one would do the trick.
Didn't we even get past 200k at one point? But anyway, OP is right. It was well below 5k even 24 hours ago as I recall, having sent a transaction with less than 10 satoshi/byte and still getting it confirmed in the very next block mined. Can't really tell if there's volume from exchanges. Wouldn't people selling their bitcoins to exchanges NOT be withdrawing btc though? Or are people trying to send their BTC so need to transfer it to exchange wallets? |
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I plan on holding almost everything until BTC is a decently major accepted currency. I can buy a lot of things with it already. To me I do not care about the daily swings between $4,000 and $4,600, I am in for the $10,000 -> $50,000 mark.
This is money I do not really need and treat it as investments and intend to keep on growing it.. technically this is my exit strategy from USD!
You know, I wish more people like you would come out and say it. I'm sure we're a minority, but a significant one. A lot of us, even those who only hold a fraction of BTC (my fraction recently grew to 0.25 BTC) are holding and just sincerely hoping for the long-term goal. Even when BTC went almost to $5k I knew it was way too soon. Now it's coming all the way back down, I'm still not worried. It's an investment an if it ever became 0, I would shed a few tears but it won't be the end of the world. This is our lifelong exit strategy from the rat race! |
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Don't worry about it. We had a really good ride, and like all good things, they come to an end. Use this opportunity to collect more cheap coins, lay back and rest and let the rejuvenated Bull return. Why would you want to censor Twitter anyway? This is all that comes with decentralisation, like it or hate it, it's good for us in ways we cannot see yet.
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Closing for new registrants isn't the same thing as closing down. Perhaps this is what more exchanges should do when they are experiencing a flood of new users/customers. The issue could be a lack of capacity to manage and support a growing customer pool. Either way, this is just going to fuel the rumours, but the damage is already done. It could get worse, but not much more.
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Correct. Decentralised exchanges are the future, however, they all have one big problem. No way to convert to fiat. Secondary problem. No volume. The first problem may not be necessary to address. People can move to trading crypto to crypto on dex, and then simply move out crypto to normal exchanges if they want to cash out. The second problem needs to be addressed. If there are 100 dexs competing for attention, we'll never get the type of volume we have at big exchanges like Poloniex. How do we fix that? I honestly don't know yet.
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Russia is the likely option, but actually, next could also be India, as it has already been in the news that its central bank is looking into ICOs. After China, India is the biggest country population wise. In terms of global population, China and India already equal about one-third of the planet's people. Remember, this is not about regulating cryptos but ICOs, which will be a good thing for everyone in crypto. Once it is no longer seen as a threat, people will recognise the difference between crypto as a tech and ICO as one of many funding vehicles.
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Why do you think so few ICOs are out of Silicon Valley??
Silicon Valley obviously led the last wave of tech development (roughly 1990 - 2010). There's a great deal of entrepreneurship there. There's one of the highest concentration of code developers there, if not the highest concentration in the world. There's venture cap, there's incubators, there's just about everything you should need to be leading the next wave.
And yet... so many of the ICOs are not from the San Fran bay area! In fact, most of the really big, promising ones are not even remotely related to California and often not even the USA. Why do you guys think that is??
Not just San Fran. Look at Switzerland and Netherlands and Singapore. So much fintech there, so few ICOs. If any. I think a lot of the start-ups there are connected, or prefer to go through connections and networking to get their funding. With crypto, I guess they also go for the so-called angel investors and so on. ICOs may get them funding, but they still won't have the networks or reputation, that you get from being linked to the big names. ICOs are still people hiding in the dark, for the most part. |
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Do you people think NEO will make a come back? Or its over since the infamous Chinese ICO ban?
I bought @ $40, $30 and now thinking should I get in at $20 or I will be putting more money down the drain.
Any thoughts?
It all depends on what you think of Bitcoin's direction. NEO may have risen independently of Bitcoin, but it's not going to go on its own path for the next few months at least. Where BTC goes, there NEO will. Personally, I think this is the bottom of the dip for September. So yes, NEO like any other alt would be good to buy now, but only for a 5% profit range. Doesn't make sense for you to buy more at this price. |
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A 350 US dollar dividend for a 10 Etherum investment? That seems way, way low.
Is my math really this bad?
10 ETH = 3600 USD.
If they raise 15 million USD, 1 token will be 0,15 USD. (page 21 in the white paper)
If they raise 20 million USD, 1 token will be 0,20 USD. (page 21 in the white paper)
The lowest goal BitDice is aiming for in their post ICO forecast scenario is $0.11 USD dividend per token. (page 20 in the white paper)
3600 USD (10ETH) buys 24,000 coins at 0.15 USD. 24,000 * 0,11 USD = $2640 USD dividend. Or a $660 dividend per quarter.
3600 USD (10ETH) buys 18,000 coins at 0.20 USD. 18,000 * 0,11 USD = $1980 USD dividend. Or a $495 dividend per quarter.
Am I wrong?
How did you get to your number crypto_warrior?
First of all, I think your calculations are correct, but only based on a big assumption that the forecast will be correct. But that's how dividends work. Dividends are a share of profits; in this case 70% of total net profits at each distribution. Theoretically, a dividend system could mean you get nothing if no profits are realised. However, we all know BitDice's track record so we can look forward to a high-performing investment. Secondly, a $350 return on a $3,600 is just short of 10%. I can tell you right now, there are precious few dividend-sharing investments out there in the real world that give that amount in a year. This is only 3 months! |
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Greetings BitDice and BoXXoB! I haven't had any other campaign manager other than yahoo, but since the last one ended and none are available, I'd like very much to be part of BitDice.
Username: slaman29
Rank: Full Member
Current number of posts: 454+1
Bitcoin Address: 1Pr7SHPQ565RoDxuy33kQ7AwsKYzR9C5Fs
Sigs and avatar added, ready to rock! Many thanks in advance!
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You have to look at the situation in China where a lot of scams take place, since there are a lot of people with money to splash around. This wasn't so much about Bitcoin, crypto or even ICOs. It was the government stepping in to heed the complaints from a lot of people. So if you want to know where is next, find out where people are complaining about scams.
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Surpass the ethereum, hmm. None of the super big platforms are even coming close yet, even with all the partners and startups. Multiplier in a short time eh? Let's see if it can do x2 in one month. So that's October 12. It's already multiplied so much there's no short timeframe value to look at. Would OP like to provide some quick high-low predictions at 1, 2 and 4 week windows? Then we'll see how good you are at this:)
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Honestly, the impact has already happened, it went from 1 dollar to 3 dollars which is more than a fair gain. People knew about this conference. Now I do believe as it gets even closer and post conference there will be some good action, as I believe the news is going to be very good coming out from the Aspen conference. Their idea is very unique to most other crypto's. He has a very large advantage that his father builds rockets and has a rocket company, once he has successfully launched the cube satellites and calibrated them correctly to integrate with the blockchain, this will open new doors. This will seriously break all barriers and allows seamless access to internet at virtually no costs, decentralized completely from space. There will be a whole new open world, one connected completely wireless with data at lightening speeds and transactions faster than you can imagine. So yeah , I expect this crypto to reach some higher numbers.
-Ethereal
Why didn't this coin get featured or asked about here before this #1 coin price gain? Urgh haha. You're right, all the hype and conference is already factored in so this isn't actually a good time to buy in, since it will of course dip again. The only way is to keep an eye on the news. But with so much going on, perhaps the only wise thing now is to set buy orders at the dip and forget about it. |
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But, one more difference is how easy it is to sell your ICO coin vs how easy to sell baseball card. Anyone can say hey my baseball card is worth $1000 but you cannot find one buyer immediately. Maybe you can find 10 to buy it for $100. Your ICO coin is always almost worth something which you can sell immediately. Usually something you don't decide:)
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I have one question: how on earth can BitShares make any comeback, especially after the EOS ICO that has already taken in hundreds of millions (and will take more?). EOS as most know took BitShares and will probably displace it if not already. If I were the developers behind it, I'd be thinking: why waste more time on BitShares? Just outsource the dev and focus on EOS. Am I misguided?
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Should be an easy 2~3 time jump from the ico price Bancor is now 41% loss in terms of price compare to the ico price based on https://icostats.com/roi-since-icoThe huge hardcap with low supply causes the token to go real expensive per tokens. Anyhow As mentioned above, once platform is completed, it could be a real deal here Total supply : 80M Circulate : 41M Ethereum has 100M+ and its growing and it is $300~400 on ATH Tech coins could be really profitable if one could hold until the product launch Yeah, I'm also curious to see all these tech coins perform after their current slump. One thinks with good tech and working product they would grow out of their dependance on overall Bitcoin price. I keep waiting to get Bancor after looking at its poor performance, which should seem like they're due for a rebound. The only thing is, what if it just keeps getting worse? When does the platform complete, does anyone know? |
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