My friend just told me recently that he is leaving the bounty that we both joined last January. The ICO has been delayed many times and it is getting longer. He said that the longer the bounty period of an ICO, the fewer the coins that you will earn. So it is true based from your experience? Should I also leave or stay?
I anticipated something like that from the Bounty which called diwtoken, and few days later they sent me for the Twitter and Facebook bounty around $7 while I was doing them around 7 weeks or more. |
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I have already joined hundreds of airdrops but I got nothing until now. I will never join AirDrop programs any more.
- Each airdrop rewards only some token, that its value from $5 to $20 (calculated by the ICO price)
- Most of the token are dead now (just spammed projects or shit coins)
- Some tokens have been listed on Coinmarketcap now but the token price is terrible low. The value even equal to the transaction fee if I send the tokens to exchanges.
I also stopped intending to an airdrops but just because I don't have enough time to do that my days casual is so filled and packed that I definitely should not miss any minute to make those. |
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I see that many of you actually liked the concept of 20 % method wherein you allot 20% of your earnings to be saved as emergency fund.
So I was thinking, if that 20% allotted will be invested in a time deposit kind of account, will it still be possible to earn as much or invest it in cryptocurrency? Or maybe just let the money sleep until such time you will need it?
What will be a wise kove to do with the noney you have saved up?
Probably one of the wisest things that you can do with your savings is to force them to work, and not just to lay and shout at your home it is the mentality of a rich man. That his money is never laying without any business, and do not bring earnings. |
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at present, bitcoin is becoming known to people around the world, especially in developing countries. the majority of bitcoin is introduced through news on television and on the internet. Therefore people are starting to want to know what bitcoin is and if it appeals to them, they will invest instead?
Well the government should not be silent on bitcoin, they think bitcoin is disrupting economic stability and there will be inflation in the country.
Do you think that bitcoin will disrupt economic stability and there will be inflation due to bitcoin in a country?
It is good that other countries which are developing in my opinion are more likely to enter the blockchain and get to know bitcoin Closer by allowing people to use it. It is awesome for me and I really respect those leaders of countries. |
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Lets say crypto completely and utterly replaced fiat. Fiats don't exist anymore. All governments have seen the advantage of using digital currency and have completely changed their fiat into crypto, like dollar to dollar token(obviously not tether). How viable is this? For example anyone can see how much I am holding using the public ledger and track me down and force me into sending them the cryptos I hold. I wanna discuss in reality if cryptos actually replace fiat how life will be and what are the problems we are gonna face and the immediate effects of it.
Crypto is well-known rapidly developing trend in the world, bad we are having the fiat currency working for so many years that I'm not thinking that bitcoin would be successful to replace existing system in few years from now. |
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Great news everywhere today and Bitcoin price goes vertically again!!!
Shotted from 6000$ range to 7500$ in few hours after Bloomberg announced that BlackRock is looking to invest in cryptocurrencies and Goldman Sachs will hire David Solomon, current president of the New-York headquartered multinational Lloyd Blankfein in October. This guy is crypto-friendly let's say and this is huge news because trillions will be pumped soon.
They will take their positions now when is still cheap. Be wise guys do the same what the big guys do!!! Take your positions the race is started, again.
Taking into consideration last weeks looks like the bullish market is ready to start. What do you think am I right?
The news about the price yesterday. I'm far from my PC for a while. So if it is still the reason for the push today, I'm not convinced because there must another reason for it. Be patient and go on. |
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One thing to say mining bitcoin consumes a large amount of electricity and it would take lots of equipment to manned the mining. There should be a development in making the cost of bitcoin lower; given that lower mining cost could yield a higher profit. However, it matters on trading and exchanges.
If you are a miner you should know something like this before. Mining bitcoin should have a lot of capital besides the cost of electricity should be considered, so you will know the profit in the future you can get when you start. |
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What have you been using your ETH for?
For trading
To buy ICO
For long term investment
Other - explain
I can say that in my case ethereum is really the most applicable and useful coin from others, because you can do with it all the things that you have listed above, and there is none of the currencies that are able to perform the same. |
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Wherever you find yourself, always lookout for rules. Rules are rules and are meant to be obeyed. I wanted to trade on an exchange, but before trading, i needed to transfer my fund there.
I had a wrong assumption, because i thought every exchange sites have almost the same rules in common.
I made a mistake of not completing all the processes needed to transfer my fund to the exchange and that made me to loose my fund.
After contacting the admin, i was told that the penalty would be to pay a fee before it could be rectified.
To my amazement, the fund i transferred in there could not cover the fee for the penalty. It was exactly half of it. That was the price i paid for not obeying rules.
Had it been i read the rules carefully well before proceeding, i would not have lost my fund.
Rules will help you to maintain your boundaries.
It can be very helpful for both of categories the newbies and also the skilled guys, because we are making so many mistakes because of simple ignoring that rules you are so right on that. I have personally struggled many times. |
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Selling some things and investing in Ethereum is a good idea?
Yeah, probably if you have some things that you don't need and you want to get rid of them but also with that you don't want to spend your money on that thing it would be better to sell them and invest in ethereum. |
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As you can see that BTC is the largest crypto among all in the market, I just really do not understand why people like to claim that BTC is about to die, do not easily fall for these kinds of topics and think that Bitcoin is dying, put some research on it, its just another person's opinion but again it is misleading. One last thing before you reply, this is extremely important and might be a big help for you (especially for newbies) avoid agreeing with such wrong info given to you, be sure to take extra care in replying, and the most important part of all is that you should make some research and do not forget to read the thread (if necessary) it is also important as you can gain new information from other people, though just make sure that what you are reading is very much legitimate.
Thank you and feel free to respond, I wanna see your insights about this.
I think that bitcoin will never die because it is powerful and it will be the best. I think that the developer of this coin is a real genius, because he has offered the world such a wonderful thing that will never disappear from the market. |
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Well I do know people who have been called crazy when they got into crypto. Now they are the ones laughing as those that made fun of them try to get in now at prices much higher than years before.
Obviously there are risks if you are just in for some quick bucks. Those are the people that say they "lost" their money
The same people who say that the bitcoin is a crook are those who are subject to FOMO every time the price of the bitcoin rises. Because they lack the attitude to study bitcoin and the market, they always lose their money because they buy at high prices and impatiently sell at low prices. |
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Facebook is lifting its ban on cryptocurrency ads which went into effect in January. After months of evaluation, the company decided to allow some crypto ads on its platform. Advertisers must submit a request form with details of their businesses and the types of crypto content to be promoted. Starting June 26, we’ll be updating our policy to allow ads that promote cryptocurrency and related content from pre-approved advertisers. But we’ll continue to prohibit ads that promote binary options and initial coin offerings. https://news.bitcoin.comThis is great news for cryptocurrency. I think that this news influenced the fact that bitcoin began to grow. I think that soon Google will also follow the example of Facebook. The era of good news for bitcoin began. |
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Looking at how BTC is and its ability to increase, I have seen people posting all all over the forum that can I buy now, is this the right time to buy and many more. To me I think every time is the right and best time to buy BTC so we should go on and buy any amount we want to and stop all those post because when you buy now there will surely be a time to come where it will increase in price for you to enjoy it. We can buy and sell anytime and anytime is the best time. What do you think guys? Any suggestions?
You're right, in a way. Just need to always listen only to yourself, not what other people say. If you feel you need to buy bitcoin, then do it. And do not listen to others that this is not the time. They will still regret their decision. |
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Hello what do you think about situation on market? Will price of crypto go up to reach new records or it is going down again?
I'm not considering sometimes as best or worst to buy or sell because there is always a time when to buy would be a little bit better than in another time and also it works in opposite direction. |
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What is the famous saying....."If you can't handle the heat get out of the kitchen."
There are so many people crying about the recent dip of BTC that I'm frankly getting annoyed. You should know the risk involved in investing in crypto. If not, don't even waste your money. Go buy a CD that won't make more than the rate of inflation. Remember investing is literally legalized gambling. Treat it as such or don't even jump in the pool.
Yes I agree the cryptocurrencies kitchen is really for the tough guys, you need to be able to stand against the storm, because too often guys are getting discouraged and frustrated here. |
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Again to be honest I would say that I would prefer to have a big apartment then to have 20 bitcoins, and again if I would have 20 bitcoins I would buy myself a big apartment instead of holding them.
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Any one From India?
Is it true that Cryptos will be banned in India??
Do we have to Pay taxes to Indian Govt. For keeping Cryptos
I have heard that already that government in India has banned the cryptocurrencies but for sure I'm not familiar with the requirements and what actually is Forbidden there, need to know more in case if it will happen in my country also. |
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Facebook and social media platforms are the greatest Media power in this world for now, they can just turn it all upside down. So I am also concerned about the direction of blockchain development, but I'm thinking that we will be beneficial anyway.
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For me it seems obvious that in the world besides cryptocurrencies, all the smaller investors are cowards also, just in the boundaries of cryptocurrency you can start investing from smaller capital.
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