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Without accessing a cryptocurrency dictionary, I believe shit coin would be a coin listed in poor or average exchanges with low volume and decreases constantly after listing because it has no working product, marketability and of zero interest to investors
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Asides Hydro and polymath airdrop, none has really impressed and rewarded the crypto community again till the xlm/blockchain airdrop. I urge project developers to seek for more key ways to appreciate the community through airdrops
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I am not really a fan of Decentralized exchanges because of its drudgery. However seeing as these exchanges are now a target for hackers, perhaps the crypto market should largely consider Dex exchanges to solve hack problems
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There are many to choose from but I am not apprised on their current return on investment but you can visit https://masternodes.online to choose from a wide variety of choices. |
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I think that the cryptocurrency will survive, but bitcoin will continue to fall in price and its price in the coming months will drop to the level of 800-1000 dollars. At this stage, the market will stabilize for 2-3 years. Perhaps after this growth will begin and we will again see the price of bitcoin 15-18 thousand.
Cryptocurrency and blockchain survival is a must. Its benefits in finance, engineering, aviation/shipping, health and so on can't be over emphasised. I respect your prediction and opinion though I don't agree with you. Bitcoin is the banner face of cryptocurrency and if adoption will full come to cryptocurrency, it will start from bitcoin demand which will increase its market capitalization. It is just simple logic |
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It's obvious that bitcoin has gained more recognition this year and that its why currently seeing redcandles despite all the FUD from media this year. We should be looking at btc at over $6000 because it has already crossed the $5700 support
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In my view, regulation will be good for Crypto industry. As we can now see that many Govt are looking for ways to regulate the industry.
Regulation will be a good thing in the long run. It will build trust for the industry among the masses thereby resulting in mass adoption. With regulation, people will feel more comfortable and have a sense of security to invest in crypto.
I don't believe that regulation means we have to declare our portfolio. Just as nobody cares to know exactly how much you own in the bank.
Regulation will also help in curbing the possibility of using crypto to launder money and place a check and balance in ICO which will make it very difficult for scam ICOs to operate.
I say regulation will in the end be a good thing for crypto..
What's your view about it?
Regulations may defeat the basics cryptocurrency which lies on decentralization but then this very feature has been misused as a tool for fraud and hence there is need for quick regulation to curtail the massive losses in the crypto industry |
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What are your views on the current state of Crypto currency markets ? How does the future looks like?
Market situation has improved from what we had in 2018. Gratefully, the era of shit coins has passed and people has started appreciating the good coins which is a sign of positivity and belief in cryptocurrency |
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Maybe one or two more exchanges needed but then we should be asking questions like, why are exchange CEOs not answerable to anyone especially investors whose more we're lost. Is cryptocurrency a wild west where all sorts of scams are allowed? |
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2019 has been a year with mixed feelings for crypto enthusiasts. A lot of bounty hunters have now switched over to trading, because bounty is longer profitable.
Some that have combined the two (both bounty and trading), while larger percentage are still into bounty, despite not being profitable.
I envisage that in two to three years to this time, the population of people on bounty will reduce drastically, because it will no longer be profitable as it used to be.
If you have social media accounts with large follower base or a good writer, then maybe you can use the skills to earn from bounty otherwise, you have to learn trading consciously for daily profits no matter how small |
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1) Too much stress. Yes, I believe you understand me. My mood depended on one or another token value. I couldn't work sleep and eat. I was checking value for 15-20 times per day. I could not live like that any more. 2) Too much time. Again, when you are checking value for 10-15 times per day it takes a lot of time. I was always tired and exchausted. 3) I started playing blockchain games (not gambling). It could be called another addiction but I don’t care. I do like it much more. It interesting and funny. It seems like blockchain games take too much time and money. However, it’s not! Trading and bounty take waaaayyyyyy more! UPD #1 I've noticed a lot of questions about blockchain games. Here is my games list on product hunt https://www.producthunt.com/@house_lama/collections/blockchain-gamesUPD #2 There is a good blockchain shooter War Field. it’s 100% not scam so I can send it here. you can read details about this game here (I don’t send direct link to their website not to make them advertisement) https://gameunculus.io/blog/96I agree! Day trading is very stressful and time consuming. But then there's no short cut to this money. You have to find what best work for you and implement your money knowledge to make returns |
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I've been here for years and I can say that following the hype never works for investors, this is simply an advise.
Few examples: Synereo, Savedroid, Electroneum.
Even though these projects managed to get the money they needed and much more, they still didn't manage to deliver what they promised. Or in some cases, not even get listed in decent exchanges or give ROI back.
Cryptocurrencies are not going anywhere and there will be more and more ICOs until these things get regulated (maybe years from now). So If you're an investor and you don't want to stupidly lose your money in the process, I highly suggest everyone to start researching about the projects he's interested in instead of taking his decisions based on Tweets from McAfee, press releases, scores in Icobench, etc.
For quick profits, I suggest you follow the hype right away because that where the x20, x50, x100 lies. But for a long term investment, them more of product evaluation should be done to make a better decision |
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I strongly believe that the digitex futures exchange will definitely lunch though there are few challenges with it. Adam should come out with some positive news about the exchange because that is what we all are waiting for. He has to set the launch date.
What do you guys make out this new development about DIGITEX futures exchange?
Thank heavens for the "sell before the news" crypto statement, it keeps proving its worth. If I had hesitated, dgtx price would have tanked on me. The dump is heavy and I think Investors are now tired of Adams and Digitex uncertain promises. It will now take more than exchange launching to see it return back to glory days |
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With recent events in crypto currency trades since January 2019, I have learnt to cash out
Crypto currency long term hodl is very good and rewarding no doubts
But we are at a stage where crypto is formed by whales and the money controllers
With the persistent pump and dumps by the whales; crypto is like a game at the moment
That Is more like taking percentage profits on investments instead of waiting for $1. 10 to 20 percent profits on regular basis will keep you from loss. This is what newbies need to learn before venturing into cryptocurrency trading |
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It may seem so because of mass exodus of listed projects on Binance. The veritablity of the Binance Chain will be tested in the future on scalability, smart contracts which I doubt it can compete strongly on
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This subject has been already discussed, with no conclusion obviously. Now, after a hard year there need to be more incentives for investors from coin dealers and project managers just to sell tokens. There are ETOs, but the concept seems to work for bigger entities. Dividend is more down to earth approach. Do you believe that it would be more and more normal for coins/tokens to offer additional stream of income just to get investors on board? No only as a part of the ecosystem, like Neo. Thoughts?
The best way to earn passive income in cryptocurrency is to learn trading. Through trading can can earn 10 - 20 percent profit on your Investment. Airdrop and bounty can't do this for you. You can aswell subscribe to crypto job portals for community management and content curation jobs |
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Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%
I.e a trader of 100$ investments wishes to get 150$ (50$ profit). But when the bull spikes comes in; instead of cashing out their profit, Begins to imagine building mansions and suddenly wants to hodl to 3000$
When they wake up the next day and are left with 25$; they say altcoin is shit, that is shit
What can be done to ease greed amongst investors ??
You are right. If you want to be a successful trader, you have to have the practical skills and more importantly, you have to be disciplined. I learnt this from my mentor and it has been helpful ever since |
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I've seen lot's of people who complain to bounty hunters who dump their tokens after they get them. Why hate them? They have all the rights to sell whenever they want and bounty allocations are only 1%-5% of the total supply of the coin. I don't think it will do much to lower the price of the coin. I mean it's even good for the ICO investors as they will have a chance to buy more tokens with lesser price than the ICO.
Holding the tokens also doesn't mean it will make you rich. Some tokens get abandon by the developers so it would be better to sell at a good price than be left hanging in the end.
The hate resonates from fear. They believe bounty hunters usually dump below ICO price to get reward for their marketing services but then if project developers put a buy back mechanism in place, there will be nothing to worry about |
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Security and Privacy is one aspect of cryptocurrency that should be encouraged. It's the building block of bitcoin and why we are here in the first place. Of what use is cryptocurrency If transactions made through it are not secure and stealth
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I was just discussing this with a friend the other day about how mass adoption of crypto will have be as easy as a venmo request and payment to someone. Right now tech is quite clunky and seeing peoples' keys can be intimidating to any new comer. What do you think will happen?
Do we have any projects in the works that help with this currently? I know Elixxir is in the works to make a messaging and payments app but they are still in alpha. I could see Lightning Network creating some sort of app
Lightning Network looks promising but then, these technologies have to be made easier to help propagate fast adoption of crypto. Therefore I think the relevant crypto bodies and developers should focus more on mass education rather than launching coins daily |
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