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1641  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Can an exchange that requires KYC call itself as DEX? on: February 22, 2019, 06:09:31 PM
Recently, I've encountered a Korean exchange that requires KYC before you can start trading. Their website says its a DEX.

I got used to the idea that decentralized exchanges like Etherdelta, Forkdelta, DDEX should not require any personal information from traders. Just connect the wallet and that it.


You know this is the joke of the day, I don't understand why people in this space are bent on abusing buzz words. Why in the word do they think a DEX need users identification, what I think they can do is to ban IP from countries where they don't want the citizens to use their platform. I know some exchanges are doing this now
1642  Alternate cryptocurrencies / Altcoin Discussion / Re: Steemit is dead. Is there any better alternative? on: February 22, 2019, 06:00:03 PM
The issue with Steemit, is that it greatly miss the great opportunity to scale during the ICO boom, no real way the team want to generate revenue, assuming they started including ads in their platforms since 2016, do you know how much they would have generated doing so, with the number of views they have on their platform. I am not surprise they are struggling now because there is no real use for their tokens
1643  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Neo to surpass Eth on: February 22, 2019, 05:56:59 PM
Where are the NEO fan boys, to me from all the hyped projects in 2017, NEO has greatly under-delivered to te extent that some projects on it decided to move from the platform to Ethereum. What we have learnt in this space is that most of these projects just promised what they have no capacity to deliver on.
1644  Alternate cryptocurrencies / Altcoin Discussion / Re: DASH investment on: February 22, 2019, 05:48:44 PM
Have you seen the return on investment investing into Dash Masternodes, just 8% in a year, for me I think the model of Masternodes do not worth it again, because as the rewards got reduced, people start dumping their coins on the market since their is no strong incentives to do that again
1645  Alternate cryptocurrencies / Altcoin Discussion / Re: How to make money on cryptocurrency in 2019 on: February 20, 2019, 06:07:35 PM
The whole space is changing and is changing and people are not observing it, bounty seems to me to be the thing of the past, people have made huge returns participating just only in bounties but I think that i coming to an end, I do agree that content creation could be another source of income but for me  value investing plus long term investing is the way to go, people who are not impatient in this space will continue to lose money, research projects, thanks we now have more than 2000 projects in the space and scan through pick those you like their area of research and research them, find the rough diamond before the market do and you will be greatly reward, stop looking at the CMC every single day
1646  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO makes me sick on: February 20, 2019, 06:02:39 PM
I believe the ICO market is die off, see Grin model, most of the exchanges are pledging part of their trading  fees to the platform, this is another model to follow. I believe the craze about getting into ICO before its hit the market is gone, because people are getting better deal buying on exchanges than buying into ICO, reason being that so many of these projects gives huge discounts to early investors which start dumping immediately the tokens hit exchanges.
1647  Alternate cryptocurrencies / Speculation (Altcoins) / Re: do we still have hope to be able to see bull run?? on: February 20, 2019, 05:55:35 PM
There are somethings that are inevitable to me, the coming bull run is inevitable, I know some people will be caught unaware because they are not prepared for it. I believe we will see  bull run in 2020, because it has been shown historically that halving usually trigger the next bull run.
1648  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is bitcoin SV an Altcoin? What do you know or think about? on: February 20, 2019, 05:52:48 PM
Any thing that is not Bitcoin is an Altcoin, so is Litecoin, Dogecoin, Dash etc.  This is my own take on BCash recent fork, it is needless, it is more of an Ego fight, nothing like Satoshi Vision or not, most people in this place do not believe Craig is Satoshi and I know he too understand people know this, it is possible he is part of the team that created BTC but he is more of an outsider in the team.
1649  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: BitForex exchange- is it safe? on: February 20, 2019, 05:49:10 PM
That I can not categorically say, but save or not do not keep your funds on exchanges.

I have used Bitforex before and what they practice is wash trading which is a big concern to me, this need to be discourage, maybe recently if real volume has increase but the time I used it, it was bad and not just Bitforex alone that practice this, many of this new exchanges do and even old ones
1650  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't sleep on Cardano on: February 20, 2019, 05:44:54 PM
It is funny why people in the space compare any project directly with Bitcoin, Cardano is not in direct competition with BTC, it is in a smart contract market and it is in direct competition with  the likes of Ethereum and Rootstock. What I see about Cardano is that too much noise so far and nothing significant to show for its hype, waiting for the next upgrade to see what will happen
1651  Alternate cryptocurrencies / Altcoin Discussion / Re: Will you send your Shitcoins for credit in a big broker's platform?! on: February 17, 2019, 07:44:39 PM

Just came across a very interesting offer. It seems like a mysterious broker claiming to be one of the big [layers in the market is willing to collect Shitcoins out of poor bag holders in return for credit in his platform trading real stocks and commodities.

Here is the offer - https://campaign.tokenfrenzy.net/BTC

I decided to play along and now I'm waiting to hear back more details. Meanwhile, I'm trying to find the catch in this.....why would they want my shitcoins? what will they gain by holding them? am I missing something? I have to be honest I don't mind getting valuable credit for them anyway.....

The only reason this could work out fine for the is if he or she is one of the pump and dump group, buy cheap ten pump the price to generate interest then dump on gullible investors. Shitcoin will end up shit and I expect 99% of them to die a natural death it is just a matter of time no matter the amount of pump
1652  Alternate cryptocurrencies / Altcoin Discussion / Re: Successful ICO With No Buyback Mechanism on: February 17, 2019, 07:42:10 PM
I don't see what hope is left for ICO in this space unless something drastic happens then that could be game over, people are talking about STO's now but I have yet to see one that is really making waves, Polymath to me is not ready to play the big boys. I would be happy to see if anyone would recommend any STO platform to me
1653  Alternate cryptocurrencies / Altcoin Discussion / Re: No Regrets in cryptocurrency on: February 17, 2019, 07:40:06 PM
There is no need to wallow in regret for missing a trade because when you are focus on the past another opportunity is around the corner that could cover the one ones missed. One thing I have noticed in this market is that there is profit potentials  everywhere it now depend on where one is looking and that is one really prepared for them, see the recent gains in LTC, KMD, APP, BNB, ETH, Storj etcc
1654  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Centralized and Decentralized Exchanges on: February 16, 2019, 08:06:29 PM
For me, Centralized exchanges are still miles apart from Decentralized exchanges, the absence of Fiat gateway is a minus to Decentralized exchanges and also their Interface is very poor and slow to use when compared to Centralized exchange. I see some exchanges trying to be creative by creating WBTC and Adding USDC to their exchange this is a  good move but need to do more IMO
1655  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What if the bull run started and ended in one night? on: February 16, 2019, 08:02:26 PM
I know it is basically impossible but what if, while you slept the bull run commenced and the price of Bitcoin climbs to $50k and then goes back to $3k just as you wake up. Then you see the charts for confirmation of what went down while you slumbered. What will you do by then? I want to hear your thoughts on this.  Grin

That is not a bull, it is a pump and dump, we have seen many pump and dump price action in bull market as well as bear market. Gone are the days when a shitcoin will do 5X on Poloniex  and the  next day the price would crash. I miss those days especially the Poloniex trollBox
1656  Alternate cryptocurrencies / Altcoin Discussion / Re: JPM coin is a threat to the Ripple's XRP? What will be the fate of XLM? on: February 16, 2019, 08:00:01 PM
This is going to end the Ripple hype, Ripple has been projected has a bank coin and when show comes to show, Ripple can't stand against JP Morgan in competition. What I am waiting for now is to see JPM Coin in work, until that I won't totally write off Ripple because the team too have come this far distance despite all the FUD it has suffered from the space, this is a new hurdle for them to cross and they need to manage this right
1657  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can Bull run bring about the resurrection of ICOs and dead Altcoins? on: February 15, 2019, 08:46:40 PM
Dead coins are dead, that is why they are called dead, only some pump and dump group and pump them occasionally but with time they will go to zero. I expect to see many of these dead coins be delisted from exchanges this year. As for ICO, it will take some time before we get ICO boom back until the structure is worked on and they stop offering investors this useless tokens and offer better offer for them people will not invest in this projects
1658  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BitTorrent Continue To GROW !!! on: February 15, 2019, 08:42:15 PM
What is giving me concern about the project is the number of circulating tokens in circulation, if we knew this figure then we can use it to forecast the marketcap. I just have a feeling BitTorrent won't end bad not because the idea was bad but because the main guy is using it to get to Ethereum developer
1659  Alternate cryptocurrencies / Altcoin Discussion / Re: ETHERSCAN UI HAD CHANGED AND IT CHANGE FOR THE BETTER! on: February 15, 2019, 08:41:58 PM
This is what are saying about these ICOs, in a bear market like this what we need is true development, when the team keeps working investors would see their works and attract investors. I do like the new interface and the re-organisation of the website, light and beautiful
1660  Alternate cryptocurrencies / Altcoin Discussion / Re: Is crypto politcs bad for the Blockchain industry? on: February 15, 2019, 08:39:24 PM
I think what people are calling politics is people having different opinions and views on issue, if well managed with sincerity it is very good, but if it is done just to show ego, it will not end well. I am not calling BCash fork a failure yet but with the look of things it could end bad for those side because it was much on ego and not on how to make the project better
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