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21  Other / Beginners & Help / Re: What if Bitcoin runs out? on: June 26, 2018, 09:28:35 PM
I want to ask, what will happen when bitcoin runs out. The amount of Bitcoin that can be mined is only 21 million. What is the fate of the miners and when will it happen?

When supply drops, demand will rise, and the price will go up. Sucks if you want to buy BTC, but great if you already own Smiley
22  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Best / safest wallet for storing ETH on: June 20, 2018, 08:01:06 PM
Hello all,

I am looking to store ETH in a wallet, what would you suggest is the best and safest way to do this? I am considering buying a trezor as well for extra protection. I am simply looking to hodl ETH.

Any suggestions? Thank you in advance.

MyEtherWallet and an offline hardware wallet. I use a Ledger Nano S. More and more exchanges are being hacked, so it's important to store anything you're not trading offline somewhere.
23  Alternate cryptocurrencies / Altcoin Discussion / Re: I lost 80% of my bitcoins in alts, What can I do now?! on: June 20, 2018, 07:52:51 PM
If the project is good then I think it is worthwhile to wait until the coin grows. Of course, you can lose more, but in this situation I think it is worth waiting for. Stratis and Siacoin there is still hope for their growth in price so it's better to hold them.

It can be harder to hold out sometimes, especially for a newbie, but agree with most posts on here in that having a long term view and HODL is the best option, generally. Most of these coins have an upward trend, so believe in it and do a little research. If you see no reason for any future growth and truly don't believe in the project, only then consider a trade, but do not sell and exit!
24  Economy / Trading Discussion / Re: The best time to take profit in Trading on: June 20, 2018, 09:16:20 AM
Cryptocurrency Trading is fun and captivating especially when you are always up with profit no matter the situation of the market, of course who wouldn't be happy when you are successful in what you do?
In many situations we are confronted with the choices of should I exit the market now or should I stay, and swiftly as this may be decision need to be made fast to be able to keep up with a moving trade. For day traders avoid exiting the market when the chart is already down especially if you are not at profit, it is better to take profit when you are comfortably at profit even though the market is still green and wait for a next dip than waiting till market has gone against you and you are struggling with cutting off more loss.

I'd say this depends on personal preference. There's of course an element of risk and exposure early on, but once you're in healthy profit, look to withdraw your original stake gradually, then take more incrementally as time goes on. I personally won't be fully withdrawing in the near future, but taking our bit by bit.

You also have to watch out for the tax man...
25  Economy / Trading Discussion / Re: What are the useful tips for beginners? on: June 19, 2018, 08:41:28 PM
Hello guys and gals , it is certain that the field of trading is very profitable, but regrettably, I have seen many beginners start in this area without any knowledge of the basics. In fact, this class always fails and lose a lot of money because of their hastiness or rashness.

So, according to my experience, I want to give some useful tips, and hope they will help everyone, and will be as the following :

1- Read and learn the basics of trading:

-I think the best way to start understanding this field  is by reading books related to digital currencies,  but unfortunately, the issue that many people  read only the first pages of the book, then they stop.

"The more that you read the more things you will know, the more that you learn, the more places you'll go "
                                                                                                                                                            -Dr. Seuss
I suggest some books, and they will be as the following :
Cryptocurrency: Beginners Bible:

Mastering Bitcoin for Dummies:

Cryptocurrency Trading & Investing


-Learn how to analyze and deal with different situations ( pump, dump ..) in a smart way. Plus,  try to help yourself  with yourself, Do not complain and ask for help from the others, because no one is in your place. And even if you fail in the first attempts and lose a lot of money, then It is not the end of the world.
Believe me, learning from failed experiences will help you in order to improve your next choices, and you may start to gain a significant proportion of money.

2-Stay away from media news:

Media are always manipulating traders through some false news and even the social media (Twitter, Facebook..), They may even control what happens in the market (crisis, jump), in order to achieve the interests of some (the capitalists) and regrettably, many believe the information and fake predictions.
" Do not be a sheep and act like a wolf "

3- Be patience  and  try to be brave , not afraid:
The field of trading is profitable when you are patient and not hasty like many, and of course you must take advantage of the opportunities intelligently.
Fear is one of the most important obstacles that lead to losses, especially in difficult situations (big crash), like, panic selling...

IMO, Courage is by taking the risk, especially when there is an unexpected event (Big drop).
"Big risk, Big gain."

Cheers,  Grin


To be honest, I think forum reading will take you further than book reading. The way this world evolves and changes can be so quick that a book published 6-12 months ago can miss a lot of tricks.
26  Economy / Trading Discussion / Re: Is worth buying coins under $1? on: June 19, 2018, 08:27:05 PM
Every coin(including Bitcoin) was starting at the price of few cents. I know some investors are focusing only on coins under 1 dollar.

If we're talking about trading (rather than long term investments), then ignore what the likes of BTC have done - sounds odd, but that's an anomaly. Buying a coin with $0.05, then selling for $0.5 is great business.
27  Economy / Trading Discussion / Re: Experts Reduce End of Year Forecast for Bitcoin. on: June 19, 2018, 07:02:02 PM
Who’d be a crypto forecaster?

Back in January, experts had Bitcoin pegged for a value of $43,370 on average by December 31.

At the time, BTC was riding highs of around $18,000. But even in March, when Bitcoin was valued at half that, the panel was confident it could still hold out for $38,000 by the end of 2018.

This month, with Bitcoin still nudging $9,000, the outlook isn’t so rosy from the finder.com.au team. They’re now tipping it can reach $18,883 by December 31 — still a hefty increase on today’s price, but certainly a lot wobblier outlook than at any other time this year.

The June Cryptocurrency Predictions Report was compiled by finder’s 10 crypto experts. You can read more about who they are and what coins they hold here. And out of the 13 coins they ran the ruler over this month, none are expected to be worth less by December 31.

Two, however – Iota (MIOTA) and Monero (XMR) – are tipped to fall 8% and 7% respectively by July 1.
Dogecoin, which in March and April was the panel’s favourite and listed as having the potential to rise anywhere between 3,000% and 5,000%, isn’t even on the list of 13 this month.

Of the winners, the panel has picked out EOS (EOS) as having the best shot at high growth, tipping a possible 206% rise on its price of $16.42 at the end of May.

That would put it at $50.27 by the year’s end.

EOS is the token offered in an ICO by [Suspicious link removed]pany Block-one, which helped it recently complete a staggering $4 billion year-long funding round and lure Commonwealth Bank’s former chief financial officer, Rob Jesudason, to Hong Kong as its chief operating officer.

Tron (TRX) is expected to have the second-greatest positive price growth by 31 December of 146%, followed by Cardano (ADA) at 145%.

When comparing the forecast market capitalisations for Bitcoin, Bitcoin Cash and Ethereum, Bitcoin is predicted to see the highest growth by the end of the year, at 99%.

This was followed by Ethereum with a 91% increase, and Bitcoin Cash, with an increase of 76%.


The end of year forecast may have been reduced, but let's face it, 18k is still a healthy increase on where we are now. We've often seen that fast growth precedes a sharp drop, so perhaps we should be hoping for steady growth more than anything...
28  Economy / Marketplace / Re: HTC is planning to build a blockchain-powered smartphone on: June 15, 2018, 09:06:28 AM
HTC is planning to build a new blockchain-powered phone featuring a built-in cryptocurrency wallet.
HTC's Exodus device will make it easier for users to trade cryptocurrencies
The touted Android device, known as Exodus, will come packaged with a universal wallet and hardware support for all major cryptocurrencies, including Bitcoin, as well as featuring decentralised applications.

Head HTC's business and corporate development Phil Chen, who founded the company's virtual reality system Vive, outlined these plans in an interview with The Next Web, also providing provisional schematics.

"Through Exodus, we are excited to be supporting underlying protocols such as Bitcoin, Lightning Networks, Ethereum, Dfinity, and more," Chen said. "We would like to support the entire blockchain ecosystem, and in the next few months we'll be announcing many more exciting partnerships together."

More information can be found here about this news
http://www.alphr.com/mobile-phones/1009357/htc-exodus-blockchain-powered-smartphone

Love the sound of this! To securely be able to hold your currencies and have access to them that easily could draw in a completely new set of investors to the market. Exciting times!
29  Economy / Marketplace / Re: Do you really care if your data is exploited?? on: June 15, 2018, 08:45:57 AM
I recently stumbled upon a project called Algebraix and they brought up some really good points about data exploitation on their blog (https://medium.com/algebraix-data). So it brought me to ask the question: do we really care if our data is exploited?

With huge scandals like Facebook and Cambridge Analytica, this issue is brought into the lime light. I'm really curious if you guys care or not

Obviously noone wants their data to be exploited and/or used inappropriately. However, there is the argument of corporations using our data to make our lives more convenient (e.g. Google etc). If the question is about data usage in that context, personally, I'm in
30  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why do altcoins follow bitcoin? on: June 14, 2018, 11:27:05 PM
Why is it that the moment BTC starts to sway, the other coins follow suit. It would be hard for everyone to sell that much at the same time. It seems beyond just panic selling. They seemed to be directly linked. Inf-fact, BTC going down should increase and encourage altoins as they raise in value compared to BTC as it falls so why this uniform sell off? Something seems weird about that to me. Any real theories, or explanations?

Unfortunately, people cannot separate BTC and ALTs. In reality, I think that with the increasing usage of Ethereum as a base platform, I think the ALTs following BTC will reduce longer term
31  Economy / Economics / Re: So many cryptocurrencies ! on: June 14, 2018, 08:31:14 AM
There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?

I get your point about there being too many, but surely you can say the same about fiat currencies? They each have (or at least should have) they're own unique purpose, and the cream will always rise to the top. People in the marketplace will be the regulators, and weak coins will be eliminated.
32  Economy / Trading Discussion / Re: CryptoCurrency Portfolio manager on: June 14, 2018, 07:10:51 AM
Hi All,

Hope you doing well,

i would like to know the following,

I am looking for some kind of App for Iphone or Website that i will be able to manage my portfolio,

kind like "coinmarketcap" - i'm looking for another alternative.

the idea is to set notification the trade is in profit of X % or to set a notification when i'm in loss of X % .


Many Regards.




I tend to use a mixture of Blockfolio and CoinMarketApp. I'm yet to find one app that does everything, and contains all currencies/tokens. Still on the lookout though!
33  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO's that are worth it? on: January 29, 2018, 01:50:00 PM
Hello,

I am new to this forum. I would like to ask if people have any good recommendations for ICO's worth investing in.
Could you maybe share the name of the ICO and why you think it will succeed?

Many thanks.

Otho and MedicalChain are getting lots of attention at the moment. Both seem to be projects built on a strong foundation and have decent looking teams.
34  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Potcoin ready for lift off on bittrex!! on: January 25, 2018, 04:47:31 PM
30 btc volume increase in the last hour. Potcoin (pot) is flying right now

Don't know about you, but personally i'm not trusting a coin advertised by Dennis Rodman's t-shirt. But if you're backing it, good luck to you!
35  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: January 25, 2018, 04:07:16 PM
Look at this 1200 monero buy order on binance. https://www.binance.com/tradeDetail.html?symbol=XMR_BTC It completely dominates the orderbook. I've been hanging out on binance for a while and this is the fist time I've seen anything quite like it.

With any luck a few more whales will jump on the bandwagon and we've got ourselves some growth!
36  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you watch the price of your altcoin everyday? on: January 25, 2018, 02:01:50 PM
I downloaded an app that saves me alot of time, look at all my coin in 1 minute and see the profit too, the app is coincap.io if anyone is interested

I've just downloaded CoinMarketApp. Looks nice, has some good features like checking your holdings in various exchanges and multiple alerts per coin.
37  Alternate cryptocurrencies / Altcoin Discussion / Re: Any new airdrop coins? on: January 25, 2018, 10:36:10 AM
Stellar/Lumens is doing an airdrop for all btc holders in the near future afaik

I also read that on one article but the catch is those who has more bitcoin will get more lumens than those who have less,it means the rich becoming more richer and the poor with little share not a good airdrop to implement

Nothing of what you said is wrong, but this is kinda how things work. I personally don't hold much BTC, but any free coins you get could be a gold mine. Free is free!
38  Economy / Trading Discussion / Re: Trading or not? on: January 25, 2018, 10:25:01 AM
If I lost most of my capital in one coin, I will hold the first to coin it up again, whether it can be called trading or not?
Give your opinion Smiley

Shame it didn't come off. Must admit, it's been tempting sometimes to lump on a single coin i'm convinced by, and occasionally i wish i had, but we're all much better off being more measure with out approach, and only placing an amount on any coin that you're willing to sacrifice if it dies. Not a unique POV by any means!
39  Economy / Trading Discussion / Re: Alarming tool with App and web access on: January 25, 2018, 10:01:49 AM
I'm looking for an alarming tool that has the following possibilities:
  • App and web version synchronized
  • several alarms per coin
  • alarms will be deactivated not deleted when reached
  • alarms via browser and mobile notification within ~10 minutes
  • nice to have: quickly select ATH
  • nice to have: integration with cointracking.info

Any suggestions? Thank you in advance!

All seem good suggestions to me! I think there are a few mobile apps out there that do some of these, so worth having a dig around. I know iOS have some good ones, but Android's flexibility might give you something more flexible (if a little bit uglier!)
40  Bitcoin / Bitcoin Discussion / Re: Good news! on: January 25, 2018, 09:31:10 AM
Thats a real good news the korean government gave a green light for the bitcoiners there. Although there is a catch, only the people with real name are allowed to tradeo perform any transactions.
Another downside the government will also impose taxes on local cryptocurrency transaction.
I just learned that 20 percent of bitcoiners in the world are from south korea.

I don't think some kind of regulation is necessarily a bad thing. Regulation means stability and less volatility, hence more investors. I also can't see how the major governments can make crypto illegal, as so many major players (think Microsoft, Deloitte etc) are already bought in.
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