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2121  Alternate cryptocurrencies / Altcoin Discussion / Re: Does bounty still kind of worth on 2020? on: August 29, 2020, 04:34:08 PM
Recently, I see that there are fewer and fewer fraudulent projects among new ICOs. In any case, almost all the projects in which I participated in the bounty campaigns this year were generally successful. True, earnings dropped dramatically. However, this has more to do with the current state of the cryptocurrency market.
Cryptocurrency continues to develop rapidly, so I hope there will continue to be a lot of new good ICO projects and there will be a lot of work for bounty hunters as well.
2122  Alternate cryptocurrencies / Altcoin Discussion / Re: CAN WE STILL GET THE 2017 BULL IN THIS 2020? on: August 29, 2020, 03:33:46 PM
A good growth in the cryptocurrency market this year is quite possible. However, there should be no such growth as in 2017. Then almost all altcoins grew in price, including new projects. This year, we will most likely see growth in mainly potential cryptocurrencies only. Not only the cryptocurrency market is developing, its participants learn from their own and others' mistakes.
As for the quantitative increase in the price of bitcoin, external factors, such as the onset of the global economic crisis, will still have a great influence.
2123  Alternate cryptocurrencies / Altcoin Discussion / Re: Don't invest for quick gains only on: August 28, 2020, 05:51:02 PM
Thank you for the heads up, but I don't know if crypto investors are going to adhere your advise because are are in the Defi boom, and as others have pointed out, similar to IEO of 2017. So no matter what kind of advise you give them, easy $$$ in Defi will be in the eyes of crypto investors and as much as we don't like them to experience to lose money, well it has to happen before they learn their experience.
Most investors use new ICO projects - IEOs only in order to buy a new token with a big discount and immediately sell it at the ICO price when it appears on the exchange. Therefore, all these advice and calls will be left without proper attention. Such a human essence and we cannot change it.
Therefore, the decentralized cryptocurrency still does not have high liquidity and is very poorly used as a means of payment.
2124  Economy / Economics / Re: Socialist life on: August 28, 2020, 05:31:49 PM
The history of human civilization, using the example of the twentieth century, has clearly demonstrated to us the fallacy of the principles of democratic centralism as the basis for building a socialist society. Socialism in almost all countries ended with a personality cult and dictatorship. In theory, everything was fine, the slogans were about humanism, human values, but in practice, it was in the socialist countries that the people were massively destroyed in the name of the same people. Now we see similar events in Belarus. In this country, where socialist relations are still almost intact, the dictator Lukashenka has again been in power for 26 years in a row, who agrees to kill his people in the streets and call on foreign troops, if only to stay in power at any cost.
Therefore, it is better for us to build an ordinary humane society out of a system of checks and balances of power without any political superstructures.
2125  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin replace Gold someday? on: August 27, 2020, 04:37:04 PM
This is always discussed in this forum. Gold versus Bitcoin. They are both worthy with their prices. However, we should not think that bitcoin will replace gold because it becomes more valuable when time comes. It can be an option or added to our assets but ut can't replace gold. It is not been bought by the people only for investment. Some bought gold for means of luxury or desires. We should think the fact that not all people have the same mentality and always go with the trend. Having bitcoin and gold are enough, we should not always war between what is more valuable with them.
Yes, this is a question that is raised on this forum at regular intervals. Of course, bitcoin cannot replace either gold or the currency of states. It was not created in order to replace any financial assets. It is intended to exist as an alternative means of payment along with the current system of means of payment. Therefore, gold will continue to exist, possibly for more than one millennium.
2126  Bitcoin / Bitcoin Discussion / Re: Bitcoin Whale Sold at $12,000 After 2 Years HODLing on: August 27, 2020, 04:20:07 PM
I'd do the same if I were him, it's been almost 2 years so why not taking my profit out of it.

Investors like him could have a target price range and volume, possibly he sees it is reaching his target so he sold it at $12k.

9000x12000 is $108,000,000 upon this basic assumption this is a very huge dumping made, would this also create a huge plunge in bitcoin price? any math geek here?
The article states that it is not known how many of the 9000 bitcoins the whale had, he sold at a price of about $ 12,000. Of course, it was foolish to sell bitcoins when we expect a significant increase in its price within a year. It is possible that the money was urgently needed. However, if the number of sold bitcoins was large, then it is quite possible that, among other things, because of this, we are seeing a slight decrease in its price. But it's better to let the price of bitcoin slow down now than later, when at the end of the year it will start to grow again rapidly.
2127  Bitcoin / Bitcoin Discussion / Re: Chris Larsen, Chair Of Ripple, Argues China Can Reverse Bitcoin Transactions on: August 27, 2020, 03:50:13 PM
This sounds very strange and improbable. In some ways, this is more politics than crypto news. I think China will certainly continue to struggle in the crypto market, but not in this form.
Most likely, the Chinese government will start trying to supplant bitcoin by popularizing its digitized yuan. Therefore, I do not think that China will fight bitcoin by administrative methods in the near future. But they will definitely try to interest the inhabitants of their country with their digitized yuan. I also think it will be a private success. In any case, in the first period.
2128  Bitcoin / Legal / Re: Money laundering via BTC on: August 26, 2020, 08:29:09 PM
Money Laundry using bitcoin is totally posibble  Grin using bitcoin mixer and buy some private based crypto like monero or zcash and your money is untracable
Money laundering with bitcoin and other cryptocurrencies has occurred and will continue to occur. This constant struggle between criminals and law enforcement agencies will continue for a long time with varying success. Only bitcoin is being used less and less for criminal purposes.
For this, coins with a high level of anonymity, such as monero, are increasingly being used. Bitcoin is only tentatively anonymous and traceable.
2129  Bitcoin / Legal / Re: Taxes for Airdrops and Rewards? on: August 26, 2020, 07:59:35 PM
So in one of my wallets, i get some rewards buts its very little.  Its with waves and i got some waves and also some other airdrops a while back like vostok a while back.  The issue is those don't seem to be worth much or anything anymore.  Some that use to be a dollar i believe is zero now.  Assuming you never cashed them out or sold them for another coin, how does that work?  The thing is say you get that as profit but you never cash them out... let say your rewards are a few hundred dollars to make it simple or even 50 dollars.  Do you have to file any capital gains on this?  Now say you have to but again never cash out... then in the future... those airdrops etc go to zero... then what happens?  You basically paid taxes on that small profit but because you didn't cash it out, you are screwed?  Example say you earned 500 dollars worth of rewards/airdrops... you pay thirty five percent tax... then when it gets to 0... well now you basically lost out on it because you didn't cash out?  If so, wouldn't that mean if you get rewards/airdrops, you need to always cash out? 
You should not consider receiving a certain number of tokens on your wallet for participating in bounty ICO campaigns as real profit. Indeed, they may remain numbers in the wallet and may never become money. Therefore, there is no profit yet. That's when you exchange tokens for national money or other hard currency, from that time on, there will be a profit with which you will need to pay tax.
2130  Alternate cryptocurrencies / Altcoin Discussion / Re: Stable coins for bounty hunters on: August 25, 2020, 01:34:23 PM
Right now, the Altcoinstalks forum is running a 1Xbit ad signature campaign where the pay-off in stablecoin seems to be USDT. Up to 30 coins per week. However, they do not conduct ICOs and do not issue their own token. There is only a signature campaign with an avatar and a regular ad text under our posts. Moreover, only 21 participants of the three highest ranks were recruited.
I have seen something like this several times.
With regular ICOs, paying bounty hunters in stablecoins isn't profitable. To prevent the bounty hunters from immediately lowering the price of their new tokens, ICO teams began to pay their tokens in monthly installments or after a certain time.
2131  Alternate cryptocurrencies / Altcoin Discussion / Re: What can be the reasons for this exponential growth of #DeFi? on: August 25, 2020, 06:08:31 AM
Despite a lot of skepticism about DeFi projects, I see them as a good prospect, as they offer real financial services to participants in this market. The emergence of various civil transactions on blockchain technology and using smart contracts solves issues that were previously in the hands of banks. Now DeFi began to really compete with banks, because loan, credit, and deposit agreements have ceased to be the privilege of banks.
2132  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH still going higher as our anticipatiion on: August 25, 2020, 05:44:22 AM
looking at the ethereum chart it looks like we will see real prices from ethereum, so I think eth will remain strong and eth will remain in the ideal trend pump path this year.
In recent days, the price of ethereum has dropped slightly, with many complaining about the high gas charges when moving ethereum and its tokens. This problem has now been resolved, as the ethereum team has created a second-tier OMG network to support USDT transactions and this has reduced the load on the general ethereum network. At the same time, the payment for gas decreased by 70 percent. This should be an additional incentive for the price of this coin to rise.
2133  Alternate cryptocurrencies / Altcoin Discussion / Re: Forget bounties and Airdrops on: August 23, 2020, 07:58:11 AM
In my opinion, Participating in bounties and airdrops is not a bad choice, as long as it can still provide benefits, i will always do my job with pleasure. There are so many ways to profit in the blockchain or cryptocurrency industry, and we must be equipped with the knowledge and skills to do something new, because without knowledge and skill everything we do will be in vain.
Of course, bounty and airdrops are never too bad, regardless of the downturn and the influence of scammers and the rapid growth of projects, bounty and airdrops may still allow participants to receive a reward relatively worthy of the time they have put in the project, sometimes there will be scams but every job will have such risks. Although this field has much better work than bounty and airdrop but as you said, it needs too much knowledge with high expertise while bounty and airdrop only need relative knowledge and read new information every day
Recently, I don't even see a significant number of rogue teams among new ICO projects. In my opinion, the participants of both the forum and the market as a whole have already learned to distinguish a fraudulent and even useless project from a promising one. Although these problems are still enough. However, cryptocurrency is developing rapidly and there are still enough new ideas for new ICO projects.
Although participation in bounty ICO campaigns has ceased to be attractive in terms of earnings, it provides an opportunity for communication, obtaining additional knowledge and information, that is, it still makes it possible to combine the useful with the pleasant.
2134  Alternate cryptocurrencies / Altcoin Discussion / Re: Reasons Why am I adding as many Ethereum bags as possible? on: August 23, 2020, 07:32:45 AM
Over the past four days, we have seen a slight decline in prices in the cryptocurrency market: today the price of bitcoin fell to $ 11,597, and ethereum to $ 391. Given that there is only one week left until the end of August, it is unlikely that we will already see a good price increase for ethereum. However, I agree that now you need to buy this coin, because, taking into account the expected improvements in it, it will grow in price in the future.
The last month ethereum has already shown good price growth, outstripping even the growth of bitcoin.
2135  Alternate cryptocurrencies / Altcoin Discussion / Re: Defi hypes is it a bubble or real indicator of market rebound on: August 21, 2020, 02:23:40 PM
DEFI is a new ICOs for now. Soon around it will end and then defi will be dead
Useless and useless projects and the cryptocurrency they created are dying. DeFi projects provide people with real and in-demand services, many of which were previously considered banking services. This already deserves respect for such projects. If these services turn out to be of high quality, then DeFi projects will only grow stronger and develop over time.
I do not see any reason for their departure from the cryptocurrency market yet.
2136  Alternate cryptocurrencies / Altcoin Discussion / Re: Hello everyone! Do you still have confidence in altcoin? on: August 21, 2020, 02:07:26 PM
The higher the risk the higher the profits, that's altcoins for you, we are all here to make profits even if some of us are developers, its still about money making, altcoins have the fastest road to ROI than Bitcoin but also timing is very important, you can make hell of a profit from Bitcoin, for example those who buy in March @ 3600$
Altcoins are different, just like people are. You cannot evaluate all altcoins at once. They are now developing very well and a vivid example of this is the now popular DeFi projects.
Investing in altcoins is associated with great risk, however, the profit from them is much higher than from well-known coins.
2137  Alternate cryptocurrencies / Altcoin Discussion / Re: John McAfee Has Left His Own Privacy Asset Project on: August 21, 2020, 01:40:41 PM
All the projects shilled by John McAfee usually end up with sad stories. Initially it pumps then FUD sets it along the line, leading to massive dump. GHOST 👻 is no exception of his shilled shitcoins, anyone investing so much in any coin based on hype should rethink. Hyped coins are for cashout only in my opinion.
He only promotes shitcoins in this market. In 2018 I saw a lot of bullshit projects promoted by him, and in the end those projects died and turned into scams. Nobs is an example, I lost a lot of money on this project and I swear I will never be interested in the projects that he fomo
It's good that I successfully sold GHOST tokens some time ago. I feel that now there would be problems with this. Yes, John McAfee turned out to be a very unreliable partner in all the endeavors and projects in which he participated. It looks like you need to stay away from all projects that are associated with his name.
2138  Economy / Economics / Re: Business / private sector is dead on: August 20, 2020, 08:16:52 PM
From the outside, it really seems that the governments of various states have conspired with each other and, under the pretext of fighting the coronavirus, want to destroy small and medium-sized businesses. The measures are so harsh that sometimes it seems that they are deliberately destroying their economy. However, the business will begin to grow stronger and develop as soon as the right conditions arise. Of course, some part of business structures will inevitably disappear, some will be rebuilt, and some more will just start working. In general, the business cannot be stopped; after the reduction, it will immediately start developing.
2139  Bitcoin / Bitcoin Discussion / Re: How to make old people understand Bitcoin? on: August 20, 2020, 07:49:36 PM
It is unlikely that old people can already be taught to understand bitcoin, and even more so to teach how to work with cryptocurrency. This is no longer their time. Most old people don't even want to hear about cryptocurrency. If they do not see money in their hands, it is not money for them.
A significant proportion of people will soon be working with cryptocurrency. These will be those who are now attending schools and preschool institutions.
2140  Economy / Economics / Re: Cash Is Trash on: August 19, 2020, 05:48:51 PM
Everyone was laughing on Ray Diallo when he said his famous phrase "cash is trash" on 2019 and they even laughed more when his hedge fund tanked 30% under water on early 2020. guess what, US stock markets are bullish again and on a stunning V-shaped recovery and Gold recently hit all time high and bitcoin of course in its way to break new price record. So, who's laughing now!. he was damn right.
If you say that cash is rubbish, I want more such rubbish. Anyone can express themselves in such a way. However, the cash of states has never been and never will be rubbish. The exceptions are states that have declared themselves bankrupt, that is, declared a default. However, this is not common. Until now, the economies of all states have successfully used national cash and non-cash money, which reflect the value of all goods in this state. Now we are switching more to the use of non-cash and digital forms of money, but this does not mean that the money of states will ever disappear. As long as there will be various states on our planet that will defend their economic and political development, as long as there will be national money of states, in cash or in cash, it does not matter anymore.
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