Because people like gambling while role-playing as savvy investors.

A decent/profitable hard cap depends a lot on the market that an ICO is going to play in. There's no fixed number for this that you should look for.

Trezor had one security flaw (due to its chipset) which I don't think has been fixed. Basically, it's fairly simple to gain access to the Trezor PIN, seed, and private keys if the Trezor is physically stolen. As long as you can keep the Trezor itself safe that won't be a concern though.

Not sure if the Ledger had a similar issue or not.

But you can always just buy both to support the industry and to spread out your coins to hedge your risks.

Maybe if the derivative market was denominated and traded against XRP instead of USD, which isn't going to happen.

I'm never going to cash out everything, money that just sits around doing nothing is completely worthless. I make sure I have enough fiat to sustain my current life-style for at least 2-3 years without batting an eye at any given point and won't withdraw anymore than I need for either starting business or ensuring the option of permanent retirement / financial independence. The rest stays in crypto and stocks for loftier long-term goals that go beyond a luxurious lifestyle.

Motivation or not, there won't really be anywhere close to enough jobs to go around in the future. So I'd worry about AI and automation rather than temporally limited investment opportunities.

It's the same project. The ICO has just started earlier this week and will run until it either raises 10,000 Ether or until the 28th of February, whichever happens first. The bounty will be paid at some point following the conclusion of the ICO. And no, you don't have to report here after finishing any tasks.

Bitpanda works quite well for Amazon, at least in Europe. And it's much quicker than going through fiat directly, although granted they do charge quite a margin if I recall correctly.

Seconding the Amazoncoin sentiment by the way, Bezos is usually on top of the game with these kinds of developments. Perhaps he'll just end up acquiring Bitpay or something like that though.

It's best not to post your email on public forums/websites (you'll get spammed by bots).

But welcome to the campaign!

Why would you even consider to exit Bitcoin now of all times?

Bitcoin literally just started rolling out its Lightning Network, which makes it the most efficient means of payment in the world.

Thanks, I'll check it out.

I haven't watched that movie, no. Is it worth the time?


And when I say "equity" it's not exactly in the way that normal equity functions (due to regulations). There are a number of different models which distribute the generated revenue to token holders in one way or another. In some cases you have to become active, in others the tokens are required to satisfy certain functions of the product or platform.

As far as token caps are concerned, I know for fact that the Waves platform gives the choice of whether or not tokens are re-issuable or not, which is a piece of information that is available to the public. Given a decentralized platform that functions with those tokens, just printing extra tokens would thus not be possible. The total supply and how the token functions in the proposed company/product/platform is a critical factor though.

And while I expect well above 90% of crypto companies dying, I do expect at least a dozen or so (~1%) to remain with one or two even becoming major global players in the 2020s. Who knows which those will be though.

Virtually every single coin has been getting pumped in the past year. A donkey could make profits if not given the opportunity to trade (and thus screw himself), without even needing a strategy. Also, there's nothing fake about facts. Neither am I just spreading FUD everywhere. The fact that you don't understand objective statements and facts speaks volumes about your ability to assess the markets, let alone creating a sound strategy. Good luck with your sock puppets and shills though, it's the only thing that can save you.

No, I haven't either. But equity hasn't always been regulated either. Regulation adapts to reality, not the other way around. Again, altcoins are extremely risky and require a lot of time and know-how to even have a chance of making profits without losing it down the road. But that doesn't mean that they're all bad.

Stocks carry very similar risks as well, despite being regulated. The lack of regulation is simultaneously a threat as well as an opportunity. It depends on the individual which aspect will outweigh the other.

Whatever you earn is taxed as income, and the change in exchange rate would be taxed as capital gains depending on your holding period. I recommend keeping very close tabs on your earning and trades if you ever want to cash out into fiat without being heavily fined or even worse.


You basically have to pay your taxes at the end of every year for whatever you've earned for signature campaigns.

And then capital gains once you trade your Bitcoin for another altcoin or fiat.

Which is why it's all the more important to identify tokens that function as equity in a company with realistic and reaonable future prospects. The (overall) altcoin market is pretty insane for sure though. There are still people who believe in BCC apparently.

That's also a symptom of every financial market (or even game) though. Most people impulsively flail their arms around and end up losing. So rather than an indicator to stay out it's an indicator to pay more attention than the crypto masses, which you are already doing by being in Bitcoin in the first place (which the mainstream is not). This only works with sufficient time to spare though. With a full-time job I'd just hold onto my Bitcoins, but since I don't have one I can play the alt market (with great success, out performing both the overall market as well as BTC as a benchmark).

No.

I see it more as Bitcoin = USD, alts = equity (of a new "world"). Don't really care about currency type alts, although I'm sure there will be a number of them even with LN. Just look at the formation of countries and traditional currencies, there's no compelling reason to believe that this won't be mirrored in crypto as well. But the very fact that currency type alts have zero fundamentals to base investment decisions on is reason enough for me to pretty much stay out of those and stick with equity type coins.

That's exactly how I see it, which is why I don't buy and hold any significant quantities of currency type coins. I'm more interested in startups that are using the blockchain as a means of gaining the necessary liquidity for them to actually start off.

The social media type tokens that you mentioned are also a prime example of what doesn't realistically have a future. It could just work out (because people are pretty weird creatures), but there's no compelling reason to start using a platform that requires you to throw money at it in any form when there are free and ad-run solutions, however shady they may be (which most people don't care about due to ease of access).

Don't get me wrong, it takes a damn lot of digging and perhaps even a bit of luck to identify something that isn't just a bunch of out-of-college kids or other dweebs trying to capitalize on the most recent hype without having the required ideas, skills or perserverence to create something successful. But as with every market, there are always a few gems to be found. Granted of the ones with real potential many will never reach their potential or just outright fail, but that's where diversification comes into play.

With all this said, I am 100% convinced that there will be a flood of tears at some point in crypto history, where a lot of people will lose pretty much everything. But that's not something that is unique to altcoins and has happened with every hype before.