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121  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: KYC for bounties and airdrops on: June 10, 2018, 11:30:11 PM
I'm always careful about sharing my personal information with third party. I have seen cases of fraud where the whole essence of the project was to still identity of airdroppers and sell or use for whatever purpose they have in mind. While ICO participants should do KYC, mandating for airdroppers is not worth it.
122  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bounty hunters should be paid in ETH on: June 10, 2018, 11:12:07 PM
Since it looks as if bounty hunters takes great delight at dumping at any available opportunity, I believe that payment in Eth should be encouraged. A little modification therefore should be that the payment should be split between payment in Eth and the project token. Bounty hunters need to be committed to the project too.
123  Economy / Economics / Re: What happnes to BTC,if the oil price goes up? on: June 10, 2018, 10:51:03 PM
I honestly doubt if there's a direct correlation between the price of oil and bitcoin as they aren't in the same sector of the economy. Price determinant for btc have always been either increase or decrease in demand or positive and negative news.
124  Economy / Economics / Re: No Time Left, Time To Move Away From The Dollar on: June 09, 2018, 09:51:24 PM
Now I know why the likes of Venezuela are thinking of crypto adoption for their currency and just last week, The United Arab Emirates inaugurate an economic committee to develop a suitable roadmap for crypto adoption in the country. I think the wise one have started taking steps towards abandoning dollar. Bitcoin is the next global currency.
125  Economy / Speculation / Can we reach Market Capitalisation of $20 Trillion ? on: June 09, 2018, 09:37:17 PM
According to Billionaire Mike novogratz, not only would Bitcoin recover from its present downward trend but he is forecasting a 20 fold increase in cryptocurrency market capitalisation. Figures shows that the highest market capitalisation ever witnessed was $900B, it would therefore take nearly a 20 times increase to attain the forecasted $20 trillion.

In my opinion, I think it's possible considering the fact that we only have about 7 to 11 crypto users presently and adoption rate is still minimal. With mainstream adoption, then $20 should be possible. This is just my opinion, please feel free to share yours?

Can we reach a $20 trillion market cap by 2028 ?
126  Alternate cryptocurrencies / Altcoin Discussion / Re: Successful ICO Experiences on: June 09, 2018, 08:54:51 PM
I invested in electroneum ICO in October 2017, it was sold for 0.005Eth at that time. After my research and analysis, I was convinced of its potential and the project yielded almost 8x in profit. They might be scare but successful ones do exist.
127  Economy / Economics / Re: What profit has brought you to bitcoin? on: June 09, 2018, 08:08:30 PM
My contact with Bitcoin was in the era of high yielding investment programs and I just know it's a digital currency. I never knew about the amazing technology that is blockchain behind it. Though I ended up losing considerable amount of my investment in Hyips, I am glad for the enlightenment I got which is Bitcoin.
128  Economy / Economics / Re: WHY I BELIEVE BITCOIN WILL REACH A NEW ALL TIME HIGH VERY SOON!! on: June 08, 2018, 09:40:07 PM
Market can really spring up anytime soon and moreover I'm awed and fascinated by the number of projects in the cryptospace presently and couple with rumour of Rostchild family considering investment in blockchain, I think the market would definitely recover but $100k is a big dream, $30k would even be considered a miracle.
129  Economy / Economics / Re: You are using bitcoin charts the wrong way!!! on: June 08, 2018, 09:27:54 PM
With my experience I think both have been inadequate in making trade decisions this year. Trend analysis have not being a good indicator of price movements and the market is still very volatile. Traders should focus more on news either positive or negative, these have bigger influence than just chart.
130  Economy / Economics / Re: Weak Hands lose money, strong hands makes profits in this game! on: June 08, 2018, 09:19:29 PM
That's the just the plain truth. After my portfolio dip as a result of fomo and poor research, I have made up my mind to wait even if it took 2 years for the market to fully recover. The code is invest in solid projects with use case and forget it till it buys you lambo.
131  Economy / Economics / Re: its not about how much you invested, its when you should invest? on: June 08, 2018, 09:11:10 PM
That is more reason why it's advisable to do in-depth research before investing. Even if you invested at a wrong time, if you're patient enough, market always recover and you will still end up with profit.
132  Economy / Economics / Re: New investor and prices on: June 08, 2018, 09:04:55 PM
Not just new investors but new funds and that could come from old investors and subsequently increase in the market capitalisation. With new funds ( new investment), there should be a corresponding increase in the value of a coin. That's my opinion.
133  Economy / Speculation / Re: Bitcoin recovering ? on: June 08, 2018, 09:00:36 PM
I believe the news that some shops and outlet are ready to accept bitcoin for transaction in Russia during the world cup should cause a spike in the value of bitcoin anytime from now. So yes, bitcoin is recovering.
134  Economy / Economics / Re: How much more fall is possible ? on: June 08, 2018, 08:57:19 PM
I sincerely believe that the downward trend is over but that's just speculation. I don't see btc going below $5k dollar regardless of any FUD or negative news again this year. Any thing that makes btc fall below 5k, we might as well conclude that the market has crash.
135  Economy / Speculation / Re: how long bitcoin survive under 10K on: June 08, 2018, 08:32:48 PM
If history is to be taking into consideration, bull run should start towards the end of the year specifically in September. Last year parabolic rise starting around the same period, I definitely believe that the rallying round this year would be same too. Buy the dip now and smile tomorrow.
136  Economy / Economics / Re: Wise thing to do with your savings. on: June 07, 2018, 08:38:03 PM
I think saving money is a wise thing to do but not the best when you can as well invest such money in a promising project with huge potential in the future. Depending on how long you want to save the money, you can choose base on either long term or medium term project to invest in after your research.
137  Economy / Economics / Re: How to calculate profit on: June 07, 2018, 08:28:32 PM
You can use this simple formula

Profit or loss =  (S.P per unit -B. P per unit ) * total quantity of bitcoin purchased.

That's you can calculate your profit by subtracting your buying price per unit from the selling price per unit. You can then multiply by the total quantity purchased.

138  Economy / Economics / Re: One Firm Is Way Ahead of Wall Street on Bitcoin on: June 07, 2018, 08:15:39 PM
This is a giant step and a positive for us in the cryptospace. I expect other techi-giants and corporations to start adopting cryptocurrencies in their operation anytime soon. The bulls are definitely returning to the market.
139  Economy / Economics / Re: Some advices and references for a newbie? on: June 07, 2018, 08:02:54 PM
Dear Newbie, be glad that you're one of the very few people on earth that knows about the amazing opportunity in cryptocurrencies, actually less than 1%. The most important lesson I would love you to learn is never to FOMO. Unfortunately, I learnt that from experience, I lost 50% of my portfolio to FOMO and by the way, FOMO means fear of missing out.
140  Alternate cryptocurrencies / Altcoin Discussion / Re: I lost half of my crypto amount! what to do? on: June 07, 2018, 07:45:03 PM
We are in the same shoe, my present investment in Cardano has reduced by more than 50% which is why I have resorted to bounty to reduce my loss. I think that's the golden rule of cryptocurrency, do not FOMO. But I am sure that the bulls would return, just don't sell at loss.
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