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121  Economy / Economics / Re: So much for cashless society: cash is gaining in popularity on: October 31, 2019, 10:37:53 AM





It appears the solution some have adopted is: paper money is the best store of value!

The trend of holding paper money has traditionally been more common in nations like japan but appears to be spreading to the united states. It won't be long before the media publishes news stories about unfortunates storing paper bills under their mattresses only for their cash to be devoured by termites, ants or assorted insects. To "nudge" consumers away from that horrible, nasty, evil paper currency, towards a digital cash future.


  it is only a rare case and the cause is just carelessness. But in payment, fiat money is still the best and is being used by many countries.
I really like a society like now, why do we change to crypto when it's a volatile asset and a limited supply. For that reason, I always support fiat money and only use crypto as a trading tool
122  Economy / Trading Discussion / Re: Scammed on LocalBitcoins on: October 30, 2019, 02:16:26 PM
I got scammed on LocalBitcoins and started looking for new p2p trading platforms in South Africa and came across Vertex Market (https://vertex.market ) as they posted on BitcoinTalk. Here: https://bitcointalk.org/index.php?topic=5194938.new#new


Has anyone used them before? I have already made a couple of small trades which all worked but nothing over $100 because I’m a little scared putting in large amounts on a platform I just found.

The platform works great but I just want to know if anyone else has used it and if anything, bad has happened? It will probably be my go-to trading platform but need to confirm first.


Ask yourself, what did you choose the new exchanges to trade for? While their volumes are very low and the community is small, it would be a risk for an exchange to be broke soon.
If you do not feel safe, you should trade at large exchanges to be safer. I suggest you trade on Binance or Huobi, because I have never had any problems trading there.
123  Economy / Trading Discussion / Re: Long Term VS Daily Trading on: October 30, 2019, 02:10:51 PM
Hello everyone, I was introduced to this forum by a friend who advice me to be marketing IEO/ICO companies but I see trading as the only thing I picked interest and willing to spend time here to learn. As a result of this I have dedicated 5 - hours daily to learn about crypto tradibg here in the forum since my research only keep me discouraged and scared due to their negative emphasis. I will like to know the difference between shot term and long term trading and the one that is much profitable. Also the different risk involved in both.

Best Regards

CHRIS
In my experience, we should not hold long term for the cryptocurrency market. because this is not a safe place for you to deposit your money for businesses. because businesses never publish their financial statements and we don't know what they are doing.
So holding long term will be very risky. trading is better because the market volatility is pretty good.
124  Economy / Trading Discussion / Re: Is it necessary for a university to be registered from a government to issue... on: October 30, 2019, 02:08:41 PM
Is it necessary for a university to be registered from a government to issue a degree/diploma certificate? Or are there any governments who offer free registration of universities online?

I want to open a blockchain university which may offer master and graduation level courses for free
I think it is not eligible to establish a university with only one profession. because at any university there are many disciplines.
instead of opening a university, why not try opening a technology teaching center? Legal registration of your teaching qualification is eligible to open.
125  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Time to get back into mining? on: October 29, 2019, 05:29:08 AM
Since all this while that mining altcoins have not been profitable like before i don't bother to keep mining coins so i just lock my mining rig in a room and now that bitcoin halving is knocking on the door i think its a good time to start mining even if its not profitable? i believe if bitcoin surge over 30k altcoins will take the ride we've been waiting for, anyways, what do you guys think? good idea or bad ?
No, currently the hashrate is very low due to electricity increase and is the dry season. And that is also why miners are now making a profit again due to less competition.
We do not need to wait anymore, mining is a form of business is quite profitable at these times and you should also invest in mining projects.
126  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoin's price is disappointing!!! on: October 29, 2019, 05:22:14 AM
Why Altcoin has not been priced where Bitcoin Stable has been in the same place for a long time.

because altcoin still doesn't have potential. just look at the speculation about altcoin at this time to discuss more about whether altcoin can survive or not. there is nothing to discuss about the possibility of altcoin coins going up.
from here we can only conclude that many people are pessimistic about the rise in altcoin. so this is why even when bitcoin stabilizes altcoin only goes up a few percent.
altcoin is no potential? I thought you were mistaken. Bitcoin's technology is far behind the top alts now like ChainLink, Tezos, EOS, Ethereum and even XRP.
the alts did not grow much because the manipulation was concentrated only in Bitcoin. it makes the price volatile and therefore alts are discounted due to the high demand for bitcoin transactions.
127  Alternate cryptocurrencies / Altcoin Discussion / Re: Success factors of a project on: October 28, 2019, 11:48:11 AM
I have observed a lot of career projects, I think that an important factor is investment capital and community.
As you can see, projects with back end support funds and good partners will make its opening better and more popular.
such as Bitsdaq, BTT, Matic, ...
You can refer to their previous ICO documents for more information.
128  Economy / Economics / Re: China cracking down on bitcoin again on: October 27, 2019, 05:37:46 AM



I think what has happened is this: China closed down all the cryotocurrency exchanges back in early 2017.

Then Binance tweeted to their Chinese users that they could buy bitcoin with Alipay. The Chinese authorities then put pressure on Alipay to close down any bitcoin related transactions, which is what they've done.
They are really doing the right thing. We should not expect a decentralized market to grow in the future. because a series of money laundering will happen easily and then society will be chaotic. governments will no longer be able to stop the dark forces.
I still strongly support such regulations but allow a little freedom for the people.
129  Economy / Economics / Re: Global economic and trade crisis on: October 27, 2019, 05:11:53 AM
As countries' economies face major challenges, the biggest economic crisis in history will come out in recent years. What methods will you use to avoid the biggest economic crisis in history?
Although we are at the bitcoin forum and working to make money from it, when the economic crisis comes, I will use my money to buy gold and real estate.
The reason is that I don't trust bitcoin's price in the long run. It's really being manipulated a lot and it's also capable of returning to zero at any time. I worry the whales will give up bitcoin during the crisis.
130  Economy / Trading Discussion / Re: Should move to BTC? on: October 26, 2019, 03:49:20 AM
Hi guys ! Thats a question i do to myself very often , and it always looks like the right answer. My main coin for now its XRP (like 3000) and a very few BTC (0.005).

I hold XRP from long time but i see BTC price raise a lot and XRP don't do much. They have a consolidated project but no matters what BTC price its still mandatory.

So the question is , should i sold like 2500XRP and buy BTC when this one have a price drop?

I know its something i had to decide myself , just looking for what you guys think.
Thanks!
You should really buy bitcoins now. As you know, there are many traders in China who are looking to bitcoin and buy it a lot due to the good news from the government.
After China, I think other developed countries will also have a new perspective on the crypto market and will invest in it. This is a good time to buy and the market is likely to grow in the next few weeks.
131  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What will be the Bitcoin Price If..... on: October 25, 2019, 03:10:13 AM
What u Think what will be the Bitcoin Price, If the Exchangers does not existing like binance.. Polo kraken and others 😀


Will it be Zero?  Or just as much someone is willing to pay to buy btc
without exchanges, the value of bitcoin could not be inflated. It is still just a coin that no one knows.
because the value of bitcoin grows because exchanges are a tool for sharks to manipulate. That's the only reason bitcoin's price has risen.
without exchanges, the crypto market would not have formed.
132  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BCH price prediction on: October 25, 2019, 02:56:11 AM
In my opinion and analysis, I believe the market will continue to fall sharply. This is a good time for you to sell bitcoin and bch at high prices and wait for low prices to buy.
If there is no support for pushing the price of bitcoin in the next 4 days, the market will continue to sink in the sea of blood. This is also the signal I gathered from the news forums and pro trader announcements.
133  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin down on: October 24, 2019, 02:41:17 PM
Bitcoin is back down to $ 7500 and altcoin is also following Bitcoin, is this to buy BTC when it is going down badly or waiting for the price of $ 7,000,
This is not a good time. I don't want FUD on the crypto market but I think the sharks are really in a sell-off phase. There is so much bitcoins being circulated on exchanges and the market can dump at any time.
Wait for another big dump, I think we should order bitcoin at $ 6k4.
134  Alternate cryptocurrencies / Altcoin Discussion / Re: Zuckerberg: we will exit from project Libra !!!! on: October 24, 2019, 02:29:49 PM
Zuckerberg: if legislators’ trust is not gained, we will exit from project Libra
CEO of Facebook in a hearing in front of the Congress said that Facebook is no longer in the position of project controller and the operation of Libra is independent.
What do you think about this?
I can sympathize with them. Their project is too good but the scale is too large and the US is afraid they will dominate the economy. that will cause much harm to the politics of their country in the future.
I think Libra should scale down and show more transparency through their new approach. This will make it easier for them to pass Congress.
135  Alternate cryptocurrencies / Altcoin Discussion / Re: Bad Devs and CEOs on: October 12, 2019, 12:15:34 PM
We can't do anything to them when we send our money to them. blame your best friend for not checking the project more closely.
I have also invested in failure in many ICO projects and no one compensated that money for me, please take responsibility for our actions. One simple reason is that we are working in a decentralized market, which has a lot of social scum.
136  Alternate cryptocurrencies / Altcoin Discussion / Re: Paper wallets on: October 12, 2019, 12:12:34 PM
I've got a bunch of coins kept in wallets at an exchange and I want to move them all to offline paper wallets.

Looking at my records I seem to have BTC, BAT, BTG, PASC, MUSIC, ELLA and XMR.

I've been to bitaddress.org, created a wallet and printed it. Before I transfer my BTC I wanted to double check that this is a legit wallet generator... most of my $$$$ is BTC.

How about the other coins? Most are low balances. I think MUSIC is now worthless, but nonetheless, I might ask well keep them!

Thanks


To keep your coins safe, you should divide bitcoin and alts into 2 places to store. such as bitcoin you will send at Bitaddress.org and other alts will be deposited at Ledger Nano S.
Or you can just keep bitcoin and alts at Coinbase wallet. It is a place with the highest and best security. You don't need to go to any websites to keep your coins safe. Try to keep your computer virus free, it will be a lot better. Wink
137  Alternate cryptocurrencies / Altcoin Discussion / Re: Scammers, the biggest crypto problem on: October 12, 2019, 11:57:36 AM
Yes, and sometimes the number of scammers is more than that. Therefore, investing in ICO projects is very dangerous when the information of the team is provided in an unrealistic manner. It is clear that an unemployed person can become a great businessman with a series of lies about his career.
This is an alarming situation and we should really be alert.
138  Alternate cryptocurrencies / Altcoin Discussion / Re: What exactly decentralized mean? on: October 12, 2019, 11:54:50 AM


So, if a service (ENS in this case) is controlled by 7 people, isn’t that centralized? I’m seriously confused by the meaning of decentralized when talking about crypto. If a service is controlled by certain number of people or institutions like the US Dollar and standard DNS, USD and DNS could be decentralized service and currency, right?

As far as I know, the number of people engaged in something will not determine whether it is decentralized or focused. like the crypto market, there are hundreds of millions of people participating in daily transactions but it is still called decentralization.
Decentralization means it is not regulated by anything. Everything is decided by "supply" and "demand". for your case it may be centralize.
139  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Please Rate my new portfolio on: October 01, 2019, 05:14:12 PM

Cardano    22.50%
Holochain  13.04%
Iota          11.35%
Neo           9.76%
Stellar       9.44%
Nano         8.90%
Vechain      5.61%
PundiX       4.69%
Apollo        3.85%
Quant        3.43%
Harmony    1.99%
Own           1.72%
Swarm        1.00%
Bomb          0.60%
OceanEx      0.59%
I think you should remove pundi x because it was recently announced that it would delist to Binance due to poor liquidity.  Besides, Pundi x was present many years ago but until now it is still only a mediocre business.  You should sell it and buy ETH.
140  Alternate cryptocurrencies / Altcoin Discussion / Re: Will BNB become the king of all coins on: September 29, 2019, 10:19:01 AM
As information from CZ: 1.2 billion dollars BNB is transferred in 1 second, which takes less than 2 cents

On June 26, about $ 1.2 billion Binance Coin (BNB) was transferred in 1.1 seconds, for a fee of only $ 0.015 on Binance Chain, disclosures of this data were published on WhaleAlert , a platform that tracks important transactions. The exact amount of BNB transferred is 32,888,888. As a Twitter user pointed out, 8 is a number unlike anyone in Chinese arithmetic, quoting Wikipedia: "Number 8 is considered a good number that even some 8s are considered is very lucky ".

With such successes do you think BNB will become the All coin king?
No, it is not possible.  It will only be the king of exchange coins.  In my opinion, Binance has really had a glorious year with Binance Launchpad.  It was a great initiative and made BNB's value increase by 670% in just 3 months.  a commendable achievement.  But it still cannot compare with ETH platform and other technology coins.  The new Ethereum platform is really worth praising because smart contracts and their platforms are too good.  They have served over thousands of different projects on the platform.  For me, Ethereum is still the king of all altcoins.
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