Why bitcoin is not pumping with such a bit amount of money from institutionals?
Because it's not enough. Always remember: for every buyer, there will be a seller. If Grayscale and other retail buyers are buying bitcoin but it's not enough to prop up the price, then it's safe to assume that there's just enough bitcoin being sold hence why the price is almost not moving. It's pretty much just balancing out. Pretty much the scenario here. and because of this pandemic, many small to medium crypto users are cashing out to augment their basic needs. so even if these institutional investors are buying, there's enough btc available in the market to buy so the price is not yet rocketing. But if they will continue to buy, we will experience the effect later on as it will show a positive trend in the market. We just need to be patient as it will not gonna happen overnight.
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~ A: Yes, we can be rich from BTC. But we can also be poor from BTC. Q: What? we can be poor from BTC? After explaining actually what BTC and the risk also profit of BTC, most of them left it. They are afraid of losing money. yeah, it may be not good by telling them it. But, it is important not only telling about the 'Super legit profits' but also the risks that will be required.
I really like the simple explanation above. Most people around me are also interested in BTC because they think they can make riches quickly. Usually, typical people with superficial thoughts like that will not last long in the cryptocurrency ecosystem. They will immediately leave BTC after loss because they do not have basic knowledge, then trapped scam, fud, etc. Even worse, they say BTC is a scam, even though the loss was due to their own mistakes that are too greedy. If we are ready to profit, we must also be prepared to lose, that is the principle. That's why if you are a newbie in crypto, you should educate yourself first. And you are absolutely right, those without basic knowledge that jumped into crypto, and suffered loss, will eventually cursed btc as a scam. And worst, they will spread this fud to others without stating the real cause of his loss. This is the reason why many people are hesitant to touch crypto because of those misconception towards the use of it and the misleading news about crypto.
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It is about time, Mr. SATOSHI Nakamoto deserves this, Bitcoin is not just a product, it is a revolution to the entire financial world.
I am a movie lover and a cryptocurrency enthusiast, so a movie about Mr. SATOSHI Nakamoto is a welcome development. To everyone who owns cryptocurrency whether Bitcoin or alt coin, this movie is for you.
The movie has a lot of story to tell and hopefully in the hands of a great screenwriter, it would have amazing twists and turns. The mystery behind who Mr. SATOSHI Nakamoto is could be another aspect of the movie that needs to be explored. Hopefully, he reveals himself soonest.
I don't think he will reveal himself just for this movie. Let's just accept the fact that he will not reveal his identity to the community. A lifetime mystery for bitcoin. Interested to see this movie as well as the last crypto-related movie that I've seen - Crypto, didn't justify its title. Maybe we will see more of what bitcoin is all about here in this new movie. I hope they will stay more on the facts available and not be too fiction about crypto.
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going back to your thread. i have the impression that you can't raise enough funds for this project. users seemed not interested to visit your thread. maybe time to look for other options on how to raise funds for your development. and with your huge supply, it would be very hard to elevate your price in the market. traders should see good progress on your platform. i don't think airdrop will help you in achieving the purpose of exposure in the crypto community, as many people don't care anymore with airdrops.
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I am not creating this post to engage in argument but to voice my opinion. To some some people, trading competition is a good strategy to increase the prices of coins, at first it may appeared so but in the end, trust me, it is the surest path to crash. Every single person in trading competition is there to make profit, no one is ready to lose, everyone is waiting to pull out at the slightest opportunity either to make profit or to stop loss. Now you know why the price of such coin will go down below normal. It might also interest those participating in trading competition to know that it might also be a way to dump on you. No one is saying you shouldn't take part in trading competition but be smart. Everything that appeared to have advantages have also got disadvantages. I asked if is a plus or minus, I guess you know the answer by now.
In my opinion trading competition is used to get more traders to participate and to get more volume so some investor would notice that coin, aside from that trading competition is just pump and dump of the coin to create more volume they didn't care about the price as long as they have volume. That is actually the drawback of this activity, as it appears that one way or another, it promotes the pump and dump scheme. So if you are a trader participating on this competition, you should be very smart on how you handle things here, as others have already advised. Otherwise, you will be left empty handed. There are pros and cons, depends on the trader. So if you want to join this kind of activity, you should have clear goals so you know how to strategize. Don't be so greedy, just make sure you are on the positive side before it ends.
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Welcome to the forum!
^^ Don't misunderstand strategic partnership to a partnership solely those have different meanings, IMO. By the way, what I see here is BDAM has an internal strategic partnership with the company they have linked here. With some veteran people on their side especially on the fintech industry, I don't doubt they'll come up with that.
I visited the BDAM exchange but is that really working now doing some trades or not? Because it is listed there that 1 btc = 20 eth only whereas it should be around 40 eth by now.
if they truly have strategic partnership from those big companies, then, this platform has big chance to grow in the market. however, we have no idea what kind of partnership those companies are offering to them. let us just hope they are not using those popular logos for marketing purposes. interested if there are some articles mentioning those partnerships with BDAM. can the team provide us some articles/blogs/twitter or anything of that sort, mentioning your alliance with those big companies? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.postimg.cc%2FXvdFDRgf%2FScreen-Shot-2020-07-04-at-6-48-42-AM.png&t=664&c=TuwNHmOsrhH9CQ) Wow ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) , are you really partnering with some giant companies. Can you give me one proof from one or two of your partners that says they are partnering with you? (Google and Amazon will be better)
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do you have private investors to ensure that you can build this project? because without assurance of funding and just depending from crowdsourcing, it will not give you a guarantee that you can launch this project. so what are the chances that your potential investors are just wasting their money here? in this time of crisis, you should look for many options on how to finance your project.
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I wonder how much you can raise from these 2 types of crowdsourcing, IEO & ICO. A lot are in trouble with their funds these days, so you have to find other options on how to finance your project. Nothing much to read from your whitepaper. Maybe you are living up to your name- speedking. Your wp is done in a hurry. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) And why are you saying, redefining stablecoins? Is this gonna be pegged to something? And just by reading your wp, I don't think someone will seriously invest on this project. That's my impression though. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.postimg.cc%2FcLH1gzTM%2FScreen-Shot-2020-07-03-at-6-56-25-PM.png&t=664&c=lvr8Xds0ZVqjsA)
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Well, that situation is really true. Lot of people who already experienced that. Not only for those airdrop hunters but also those bounty hunters who really work hard just to get those rewards, like joining in a social media campaigns, creating some blog or articles, creating promotion videos, or translation. Well, those kinds of work are much sick compare to some airdroppers who only fill out the form and wait.
Aside from wasting your time and resources doing all the tasks required, some airdrops require their participants to submit KYC docs like tempting them to submit by offering like $20-30 worth of their tokens. So not only your effort is wasted but your identity is compromised if you believe their promises. That is, bounty hunters should really be careful in those attractive offers. I don't think it is reasonable to submit your personal info for just mere few bucks and without assurance that you will really receive it. I hope users will stop joining these airdrops or these crap bounty programs so these scumbags will stop screwing them.
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As a diamond mining business, I quite like this idea. But I really wish I would receive financial reports every quarter. I want to review and refer to whether the business actually achieved the KPI set out in the whitepaper or not. Will the team provide investors with quarterly financial reports?
I don't think diamond industry needs tokenization, as commodity it is based on can serve as the measure of value of all things available on Earth. Maybe I'm wrong but for me It is the same as try to tokenize the gold. We require investments to fund operations. The token holders will be rewarded with a growth in token value on an open market For more info on financials, please read the whitepaper on icoin.ws You have to change your marketing strategy here. As many crypto users don't believe anymore in precious metals/gold/diamond/silver-backed project, it would be hard for you to sell this project. And with the negative trust you have, I don't think forum users here will invest on your platform. If you are truly sincere in developing this project, better look for options of private investors rather than rely on your IEO for funding.
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$9 is equal 0.039 ETH, in my opinion is quite a large amount, if they can cheat 100 people it means they will receive 3.9 ETH ($903) ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) don't do it because it's a scam. You should first learn what the meaning of "airdrop" Right, simple calculations can make everything clear. Actually we shouldn't participate in airdrops, because it's the worst of the time now. I only feel safe in a good exchange airdrop. Now the bounty detective telegram group is good for airdrops. It could be better for me, if I can get some information about the Definity of airdrop. Because these types of airdrops could sell our KYC information. I hope the OP will see the reality here. That the project wants to screw their participants. Asking few dollars to complete their KYC in exchange of what? Not buying this strategy. But yes, even with 100 naive users, they can already get a handsome amount of eth. Why would you pay first for an airdrop and give your vital info? Think people...
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Yes it seems to be mandatory to pass the KYC to have no issue to withdraw.
Small traders should take into account about this feature. But anyway, seems that this trading platform is backed by a lot of partners already, so there's no doubt they can really launch their business here without any crowdsourcing to raise their funds. I think that would be much better, not relying from the community to put up their crypto project. One more thing, they have no doge pair in the trading market. I hope they can add this alt as it one of the most used alts for transfer purposes.
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Upon btc withdrawal, they have these reminders for the user : ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.postimg.cc%2FJ7Nt54N6%2FScreen-Shot-2020-07-01-at-7-53-07-AM.png&t=664&c=Agm2arafdHehJQ) So my question to the team, what if you signed up using your email account and not phone? How are you going to verify via phone? And they didn't specify the KYC as mandatory but it seems, you will have possible issues upon withdrawal. So it is indirectly saying that a user should complete their KYC?
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How ridiculous it was. You have to send more BTC in order to get back your fund from them( pretending to be in the cloud crypto) and recover your account? They would like to scam you again. It is really a big mistake for you if you will send them just for that and for sure, they won't give back your money (including your activation fee).
Maybe I should have to let go of it and forget. That was a big scam and we can't think they'll be good for you, after all, and then give back your money. This will serve as a warning for the others and be careful into nice offerings and fake sites because this will compromise accounts once they got you.
I hope the OP will not make a mistake of sending again money to these scammers. If they are legit, they may just ask for your credentials that you have given on the site and if it really corresponds to what they have, they will processed it. But asking more money? Please don't fall about this tactic, that's an old trick by scammers. Someone from the forum also asked about this site and most users replied that this is indeed a scam site. This was more than a year ago. https://bitcointalk.org/index.php?topic=5126261.0
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Absolutely correct, these two use cases are the most used by scammers because they easily attracts newbies but the truth is 95% of projects that are backed by gold aren't truly backed by anything, it's better to invest in real estate offline and buy gold in real life
Real estate business via blockchain technology is really a complicated one to be honest. Even if they say, all the paperworks can be done via internet, I don't think as a future property owner, you will accept such arrangements. This one still needs physical appearance to manually check the property and do the real paperwork. Maybe, this is the reason why most real estate-related projects here are not successful in pushing thru their platform. Because at some point, they need physical appearance of the other party. And that means, they can operate only in certain areas where people can physically reach out to them. On the other hand, most gold-backed projects are fake and just using fake documents regarding their assets. As you said, it is better to buy gold in real life and invest in real estate offline. You will have more peace of mind if you have the necessary documentation in your hand rather than some entity is holding it for you.
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If you are targeting worldwide audience, why is your app in French? The link of the english version on your website is not available. Also, upon choosing the Businesses tab on your website, I was hoping there is a list of all those shops that you are in partnered with, but there is none. Can you add the list of those shops that you are working with? At least give us idea how far you are in reaching out those merchants to include your services in their operations.
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Also please include your block explorer once you launched your mainnet. You forgot to mention about your premine, if there's any. And about your XFS MN collateral, how much is it equivalent in BTC? Or just like any MNs out there, giving the price only in discord?
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seems that you can't attract potential investors here. do you really think you can pull off this project? I think you need to change your marketing strategy as your negative trust will not help you in gaining the trust from the users here. or better move on and look for another option to earn money in crypto. what do you think?
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I cannot find more information about tokens, what is the total supply? And what is the hard cap of this project? I could not find any information about it. And when will you intend to run bounty again?
So far, the information I have gotten is that the campaign has started after the Bounty Manager has filtered and removed bot participants, so please continue your work, and for the issue of supply of tokens I didn't get any information. Checked their whitepaper but no technical details about the token. But even if their wp is only 15 pages, it is professionally written by the 2 authors, a very technical one. No wonder they got the support of Binance Labs. Now, let's just wait how far they will go in the crypto market. @ dev team, are you going to release a lightpaper where regular crypto user can understand the content of your project?
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How many coins are issued? How many coins are mined every day?
Total supply is 21 M. Coins mined per day depends on your CPUs hash rate. There's no buy order in Fides-ex, how are you going to entice traders to look at your coin? The features are nice but not many traders are interested? Also, no items for your 2020 roadmap? And your explorer is down? What is the current circulating supply for LITB? https://www.fides-ex.com/trade/LITB-BTC![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.postimg.cc%2FZYMz3xkJ%2FScreen-Shot-2020-06-30-at-6-23-28-AM.png&t=664&c=Cm1AxpTdxzuFsw)
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