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2181  Economy / Economics / Re: Why Viber, WhatsApp, skype, WeChat, Snapchat, IMO, Line not conduct ICO? on: November 20, 2019, 05:17:08 AM
Why exactly do you think that these companies need a crypto platform or to run an ICO? Roll Eyes Okay, let's take WhatsApp off the list because Facebook's Libra. But if you should check these companies you have mentioned you will see that they are all big companies and there is really no need for them to run an ICO. These companies have been around for a very long time and there is no need for it and they don't even have a cryptocurrency and having is not a must and doesn't even determine success.

We already have lots of ICOs and it's meant for new companies in the cryptocurrency platform and there are still some platforms that run ICOs but still end up not achieving anything.
2182  Economy / Speculation / Re: The 2020 Next Bitcoin Halving vs The 2016 One on: November 19, 2019, 06:55:32 PM
Bitcoin saw its price jumped from $400 to $800 USD per coin during the 2016 halving. Can we expect the same for next year's BTC halving?

I've written a little article on the halving and need you guys to point out inaccuracies. Let's get ourselves pump and ready to rip the benefit (if there will be any).

https://www.cryptozink.io/what-is-bitcoin-halving-when-why-2020/
The past two halving that we have had has made a very significant impact on the value of bitcoin and we could see how the value surge by greater percentage during the halving which could not have been a coincidence at all, so if all the other halving have had effect on bitcoin despite all the low adoption that we had then, it would not be now that we have more adoption of bitcoin than the last halving for us not to see any changes.

Many people including me are eagerly waiting for the halving which I am sure that it will encourage a lot of people to start putting more fund in their wallet as against the expectation of the halving which I think that it is just like 5 months away from us now. Your article really hit lots of point and I agree with it a lot which should be enough to motivate us in preparing for the surge.
2183  Bitcoin / Bitcoin Discussion / Re: How we can introduce bitcoin to local people on: November 19, 2019, 01:07:09 PM
Someone that doesn't have much interest in anything that is related to the internet will also not have interest in bitcoin. So these local people you're talking about, it depends on the type of people they are exactly. I have tried telling some people I see as local about Bitcoin and they are not always interested, only say that it is meant for those of us that are computer geeks. These types of people I'm talking about are the ones that focused on the mainstream society and have no interest in computer and online stuff, and they can hardly be convinced.

I don't stress much about convincing people to make use of cryptocurrency, I think when it's the right time they wouldn't need anyone to convince them at all, they will just do it on their own.
2184  Bitcoin / Bitcoin Discussion / Re: Do you think that cryptos such as Bitcoin would be mainstream? on: November 19, 2019, 09:14:51 AM
I was just wondering if one day it would be possible for cryptos such as Bitcoin (BTC) OR Ethereum (ETC) to become mainstream one day for people to use for day to day transactions on a daily basis. Because I heard that the people in Zimbabwe with their economic difficulties use cryptocurrencies as a means of trade.

Would the world adopt cryptocurrency as a means of transaction, what do you guys think?
I am thinking that Bitcoin and cryptocurrencies will only go mainstream when the government changes the system. If the system should remain fiat , a lot of people will still prefer to make use of the fiat system and refuse to use crypto. Or maybe everything will be step by step - maybe as time goes on a lot of people will start to recognize Bitcoin and cryptocurrency in general and how good they are and then will they start to adopt it.

Though one thing that discourages me about people adopting Bitcoin or cryptocurrencies is the fact that it is being viewed as an investment. When it's being seen as an investment then there will be lack of much interest and those that joins will only come to just make money expecting bull run and once they have that, they will quit.
2185  Alternate cryptocurrencies / Speculation (Altcoins) / Re: what are the best altcoin which gives 2x profit in 1year on: November 19, 2019, 04:51:46 AM
Within the period of a year, almost any of the top 100 cryprocurrencies by market cap can appreciate by 100%. If you were asking for a 10x, 100x or even 1000x, that would require more research and indepth analysis.
There are lots of scam projects and you could hardly tell the difference between the right project and the real project except you do a very major and thorough research in them and even in doing thorough research on them, you will still get confused.

It seems right now like bitcoin investment is still the most reliable investment for any investor for now and if there is any need for us to diversify our portfolio, it would be to coins that are listed within the top 20 coins on the CMC these are coins that have solid backup off string communities and also with very real working product and for any project to continue to survive, it has to have a real working products like some of these ones that we have there in tops.
2186  Economy / Economics / Re: How many bitcoiners on here have actually used bitcoin/crypto for commerce? on: November 18, 2019, 07:22:12 PM
Does accepting cryptocurrency as payment for work you do count as well? I discovered cryptocurrency and after playing around with faucets for a while I decided it was of no use. Then I dropped it. After some time I landed a project that required me to accept Bitcoin as a payment method, at first I never trusted them because I was afraid that there is no protection and I might be doing free work.

But, I still took the risk and luckily, I got paid for it. After that, I started coming across lots of companies that wanted to pay with bitcoin and the current job I'm doing now is a remote job and pays with Bitcoin.
2187  Economy / Economics / Re: Central Bank: If The Entire System Collapses, Gold Will Be Needed To Start Over on: November 18, 2019, 06:50:12 PM
I have been investing in gold before I discovered Bitcoin, but now I don't invest much in it. My focus is more on Bitcoin than gold because that's where I make the most profit. Whatever happens to Fiat does not have anything to do with cryptocurrency unless it's one that is backed by fiat like most stable coins.

I also have two lands, and I have no intention of selling any of them, but to keep them. It's good to have assets like these. I can tell for sure that the price of land in my country has increased more than what it used to sell in the last decade. If I should sell land I know how much I will be getting. That's the same with gold and Bitcoin, they all increase. If you don't have any you are just missing out and when there is an economic crash it will affect you badly.
2188  Economy / Speculation / Re: Bitcoin Halving Price Prediction $55,000 - $130,000 on: November 18, 2019, 05:53:03 AM
I expect so much positivity from this next halving and do you know why? Having studied how halving has affected the value of bitcoin positively for two consecutive period now, I am sure that many people would have been convinced now that they next having will surely make the same positive impact on the value of bitcoin, and that event is what people would not like to miss out at all as many of the old and new investor will start rushing to buy bitcoin at any slight opportunity they get to buy at cheaper rate starting form next year after the new year celebration.

From this action alone, I expect the value of bitcoin to cross over the last all time high prior to when the having will occur and shortly after the halving, I also expect that the value will surge to almost 2x of the last all time high also.
2189  Economy / Speculation / Re: One more dump before halving? on: November 18, 2019, 04:52:02 AM
The market has slowed down considerably and it doesn't seem like it is going to accelerate anytime soon, with that in mind I cannot see the price going above 10000 before the end of the year and it is likely that we will close the year with a negative trend, but no one should be too worried about it the halving is too close and this should be enough to attract enough investors so we can avoid another crash, but even then it is not going to be enough to get to another ATH.
If the market closes this year with $10k, I think that it is still a very big achievement considering what the market opened with at the beginning of the year, we would never have imagined that the value could have gone this high and the way the bear market was so dip, who would have also even imagined that bitcoin amidst all other altcoins could have make it this far.

It would have been so frustrating if bitcoin was still in the same position has those other altcoins that is giving us lots of frustrations are now. I do hope that bitcoin gets back to $10k this year ending and if it does, I dint think we should term that as it ending at negative trend, it is a fair value because it is 3x of what it started with at the beginning of this year.
2190  Alternate cryptocurrencies / Altcoin Discussion / Re: how do you identify a transparent project team? on: November 18, 2019, 04:09:25 AM
--snip--
good points to apply in analyzing the project, I agree to the project team that listens to complaints from investors, because basically the investor and the project team are a collaboration for the progress of a project, then discussion to solve problems together is highly recommended.
Last three points are the actual play mark. There should not be anything shady or fishy about the project if it is real.  All the addresses and contacts must be valid ones. Though faking oneself is no more a hard task, still the project should be clean from such doubts. Faking IDs etc is easy for social engineers. Every project shows as if the investor holds importance equal to god. Obviously, customers are the key to success.
It is very difficult to see any project that will give all those things that is listed there because many of them all claim that they are working under the decentralization program which requires the full protection of identity if any cryptocurrency user be it developer or end user, but I think that they have also taking advantage of this too much by scamming so much people under this disguise and enough is really enough.

If we can stand on our feet as an investor that before any project can get our own penny, they should be able to go by that three rules even if they have to forget the issue of decentralization and operate in a centralized way for us to really be able to fully identify them and confirm them to be a genuine project or not.
2191  Alternate cryptocurrencies / Altcoin Discussion / Re: How to choose a good project to invest. on: November 17, 2019, 12:17:19 PM
I have now stopped investing in projects that conduct ICOs, because almost all of them cannot collect softcap or simply turn out to be scammers and therefore now I only invest in companies that conduct IEO`s on top exchanges and now I have no problems and constantly get profit.
Investing in IEO projects has not been that easy as you say here because those top exchanges has not been releasing projects as much as ICO still does, so it can't be possible to be participating in them easily just like that and sometimes, when these top exchanges like binance eventually released their IEO.

Maybe one or two in 2 months, you will see that there is so much rush for it that makes people buy it out easily and if it was to be a physical purchase, I am sure that there would have been lots of stampede, which is why I don't like this IEO of a thing that much because every time I want to be a part of it, the chance to easily get it is limited unlike ICO. ICO actually is still the best, and I just wish that there would be a law that will actually protect investors against scammers.
2192  Bitcoin / Bitcoin Discussion / Re: One solid reason that I came across for the need of BitCoins. <Be Your own Bank> on: November 17, 2019, 06:48:10 AM
The thing is that we still need the support of the government to be a bank of our own, and the only way that all those embassies too can recognize any cryptocurrency wallet statement is when they are fully well informed and assured that government is in support of it.
 
Imagine now that you have your money in your wallet and you are able to have full control of it, and then there is this thing that you need to go for in the embassy that requires your statement of account, this means that it is only your wallet account that you can provide, now tell me how the embassies will accept this? What I am just trying to say is that we cannot completely throw the traditional banks out like that except the government is done with them completely.
2193  Economy / Economics / Re: BEEN IN THIS GAME FOR 6 YEARS on: November 17, 2019, 05:52:20 AM
Imagine thinking in stats and suddenly the price crashes to a very low rate, I'm very sure that you wouldn't be happy with yourself because you will regret saving up and not selling when the price was about to crash.

I am not saying that you're wrong, but everyone has their own purpose for buying Bitcoin, in guessing maybe you just like it and that's why you're storing up numbers. There are people who are just interested in it as a method of transaction because it is cheap and fast and there are no restrictions, you can send to anyone in the world and pay the same fees and at the same speed rate which is faster than using banks. Then there are also people who are interested because it can be an investment and would yield a profit when they invest or trade it.

I work online for a company (a remote job) and they pay their workers with bitcoin. Some people just use it to receive their payment and once it comes into their wallet they will sell/withdraw it to their bank account.
2194  Economy / Economics / Re: Anyone else remember this? on: November 17, 2019, 04:50:12 AM
They are only good at making things hard for people because they want their children to grow up and become their heads. This time around nobody cares, there are people who are talented and have been able to start up their own business or do some creative things to make money.

I have seen a lot of people like that on Instagram, social media has helped a lot of them to grow their own brand and start making money from adverts they place. It's not a must that one will work in a corporate office, you can start something of your own and earn from home. There are also people, freelancers, that started their businesses on platforms like Fiverr and I have read their stories, some were able to start making lots of money and built their own house and achieve a lot. You don't need to have time for people but focus on your business and yourself.
2195  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoiners now is your chance on: November 16, 2019, 07:54:37 PM
Start buying altcoins before its too late, the red market you are all complaining about is a big opportunity for those who knows that altcoin time will arrive, all you need to do is ....

1. Buy altcoins that have real use cases or backed with real wprking product, they tend to always have value better than copied projects.

2. Take it or leave it, new good projects will bring better ROI than many old altcoins, feels like we've seem how far old altcoins can go already, now its new altcoins time.
I think that this advice goes for newbies that are yet to invest in cryptocurrency and are feeling discouraged about the market situation, it is true that the altcoin season is fast approaching and there is need for them to actually start preparing for it now so that it will not catch them unaware because it is when it catches them unaware that many of them fall victims of fomo, you see them rushing to buy then at the time that the coin is almost getting to the peak because that is when it becomes very glaring to them that the altcoin season has actually started. For people like me who has been in this business for a long time, I think that I have had enough of these coins because from the top 100 coins, I already have the quality ones stored in my portfolio.
2196  Alternate cryptocurrencies / Altcoin Discussion / Re: Fiat-to-crypto - what's with the fees? on: November 16, 2019, 07:06:46 PM
For the last part of the statement which is your own concern, I believe that everyone is aware of that since we are not running a decentralized exchange, so centralized exchanges may not really be able to guarantee us full security, but at least the reputable ones can try their best to meet up to the standard which is why you see us always talking of using exchange that are listed as the top exchanges in the market.

I buy crypto with fiat virtually every month because that is when I invest in bitcoin, but in doing so, I make sure that I consider using exchanges that has the lowest fees in the market of which the bets exchange that offers that for now is binance, I know that changelly and other exchanges has low fees also, but not as low as binance exchange.
2197  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you choose which altcoin will you buy? on: November 16, 2019, 06:26:14 PM
It is quite difficult to totally ascertain the future of any project because we have so many great projects that started well and has turned to shitcoin today because it's either they did not get the support of the community for continuity of the project or the team itself lost it along the line as they could not keep up with the project because of lack of interest or lack of fund to continue it.

For any project that I desire to invest in, I make sure that I look at the team of the project very well and at the same time consider the product that is being offered. Most of the new projects that are available now are duplicates of already existing ones, so I do take my time to look for the best of them out while I also do the same thing for the holder coins also.
2198  Alternate cryptocurrencies / Altcoin Discussion / Re: Ideas - dead cryptos on: November 16, 2019, 05:54:18 PM
Nothing! There is nothing you can do if you are going to make pumps on that coin unless there is a development from devs in that way coin/token will be alive but it is really hard to do especially with no updates even just a month. Mostly, this happened because of the market condition OR team already made an exit.
Lately, I have seen some developers actually trying to promote their project again, and some of them are the ones that I already feel were dead which makes me wonder if the altcoin season is approaching because it is during altcoin season that many of them use to rise again for their project which is why I am not even bothered about majority of the coins that I have in my wallet as shitcoin because I know that one day, they will rise back for me to be able to take out my investment before they die off completely.

It is worth that already existing investor of those coins keeps holding it but I don’t think that it is wise for any newbie to hold it as there is more guarantees and more prospect for projects that are within the top 100 in the coinmarketcap.
2199  Bitcoin / Bitcoin Discussion / Re: For new people, when they go on the journey to bitcoin. on: November 16, 2019, 05:42:03 AM
I believe that everyone here is not just expecting bitcoin to fall as manner form heaven form above, it is when you work hard for bitcoin that you earn it, just like you have to work hard for fiat before you can be able to earn fiat, those who are lazy to work hard are the ones that are gambling and thinking that they could earn some bitcoin through that.

All the years that I have been in cryptocurrency industry, there is no area aside gambling that I have not really exploited to be able to get some more bitcoin to use as investment, or to use for my personal need. Trading is what I even see as the most hard-working way to earn bitcoin, because it requires so much brain, calculation, smartness and skills for you to be able to trade perfectly and not lose the little money you are using.
2200  Economy / Trading Discussion / Re: Best alternative to Tether? on: November 15, 2019, 07:06:37 PM
I was about to mention the TrueUSD but you already said you don't like it and you also not interested in USDCoin. Okay, what about PAXOS STANDARD (PAX)? Their token is regulated and it's approved by the New York State Department of Financial Services. You should check it out and read more about them. Their already wallets that are offering them. If you have Blockchain wallet you will see the coin in your wallet and you can exchange to it. Their own exchange is itbit.com and it's also listed on other exchanges.

Apart from PAX there is also Gemini Dollar (GUSD) offered by Gemini exchange. I discovered this coin around the time PAX was launched so I think they came out the same time. And based on the information I have on them, they are really good.
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