I do not know why some people are just bent on taking advantage or playing on the ignorance of people. Only those who do nit know their tricks will listen to them. Some set of people, who are also working together with them, are busy peddling the news on btc too, telling people that those who bought btc at $1000 are now dumping. https://www.ccn.com/crypto-investors-who-bought-bitcoin-at-1000-are-now-starting-to-sell/When i saw this FUD, the question i asked myself was: Who are they? I was just wandering how they got to know that in this decentralized system. Which means its just a lie and real FUD to the core. |
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Those whoa are just joining are very much fortunate to come at this time and i believe it an added advantage to them, because most coins have plummeted and this seems to be the lowest of the dip we can have. As a matter of fact, some of those who have been in crypto for quite some time now, are now looking for the opportunity to buy at this time, because it is an opportunity.
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The current trend of blockchain is very high, couple with it's ability to execute millions transactions within seconds, few transactions cost and no third party is require or paper signing. All transactions recorded and kept open, taking alway cross border and languages barrier, excellent in e commences. So many features to change the world. My emphasis is can blockchain has the capacity to replace bank?
Blockchain technology is an evolving technology. It is evolving in the sense that we are yet to explore all the potentials it has. Personally, i am yet to learn and know all that blockchain technology can do and i believe experts in this field are still working on it and are coming up with different discoveries. So, it will definitely be useful in different sectors and industries and not only in banking, but it might not replace banks totally. |
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Some people think it won't crash, other has been saying "tomorrow" for the past years.
But looking at the gains the last few months its hard to see this continuing for years to come. Can there be a long (3-6 months) bear market now to correct or is crypto too hot and will increase crazy up til implosion?
I'm thinking maybe 6-12 months of crypto craze left. Then crash (90% of coins loose 90% of value) and a few years of bear market before successful crypto projects starts making money. Pretty much .com again.
What do you think?
This seems more like a prediction to me, which is now happening. Although, it is not a crash, but more like a time of correction, which to me i feel is better and healthy for the crypto space. Instead having a continuous increase, which will likely bring a crash, it is better for it to dump to the barest minimum. It has now happened, so my expectation now is when another bull run will come again. |
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I reckon with your point number 3. Greed is one of the attitudes every crypto enthusiast, most especially traders need to deal with. Most times traders do not care whether a coin is a shit coin or not, inasmuch as it gives them their desired profit. So when dealing with a shit coin, that is liable to dump heavily, one must be conscious of taking profit when the need be.
Instead of allowing greed to control your decision on profit taking, it will be better for you to take your profit on such coin before it is too late.
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Although there are obvious benefits to using certain crypto exchanges over others such as high liquidity and the ability to use your fiat currency (not so difficult for those USD holders), but what other factors attract you to a crypto exchange?
The first and main feature i consider before making use of an exchange is security. An exchange with huge volume, but with a porous security system, is of no good and is no exchange as far as i am concerned. Even if i make huge sale on such exchange, someone else can easily take over my asset. Then the next should be high liquidity. I like it when a coin has high volume, which would give good liquidity to the coin that is being traded. Every other things such as time of transaction and so on can be easily dealt with. |
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Stox: Floyd Mayweather, Luis Suarez, Liang Tian
Centra: Floyd Mayweather, DJ Khaled
Cobin Hood: Jamie Foxx.
The Game (Rapper): Paragon
Max Keiser: Maxcoin
Paris Hilton: Lydian Coin
Whats your take on celebrity endorsements with the crypto world? Do you think it actually helps? Question is how many fans actually know and care about crypto to actually invest??
Endorsement it good and it gives credibility to projects and sometimes, it helps to attract investors. Although, this sometimes might depend of who actually is endorsing it. For instance some people might get endorsement from a celebrity that has lots of fans, do that the fans and those who are close to those fans can be attracted to such project in order to invest into it. |
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Kind time of the day, with every day in ICO we meet more and more fraud. It is clear that no one forces us to invest in these projects. But the idea of a cryptocurrency does not imply any regulatory department. What do you think that could help in solving this problem? I just see only that the advisors were responsible, or they took a pledge from the projects they are entering.
We are very much responsible to whatever happens to us in the crypto space. One of the things we should always ensure before investing into any project s to do proper research. Then if you are not satisfied with what you have done, or that you need to confirm, you can then consult others that you know are experts when it comes to investing on ICO. At least try as much as possible to avoid scam. |
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Pls what are the best way to detect fake ico and fake project... We can't continue working to promote them and later discovered that it is bounch of fake... We really need tools to detect fake ico
If you do not mind going through the stress of doing your own research on every ICO you choose to promote, it is always the best. Sometimes, it might take much time to detect the authenticity of some projects, because they can be very deceptive. Then it will be good you have a mentor or colleagues who can also help alongside to analyze such project for you, in order to be sure. |
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I am not surprised if ripple takes the second place and rise above eth in marketcap. Just as it has always happened, eth will be back again to take it's position. Also, ripple will continue with the rivalry, because it has its own investors who are mainly bankers. Others who have chosen to invest into it are doing that mainly to get their own profits and cash out.
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No one will say for sure, but with a breakdown of the level of 6000, the chances that we will still drop will increase. Many analitka believe that this is not the end and we can see $ 4000 + -
Bitcoin will not just go that low if do not panic sell. If anyone predicts that the price will fall further, it does not mean people will be forced to sell or compelled to sell at very low price, but that there will be panic sell. Therefore, if majority of us stand our grounds and decide not to sell below such price or prices, then there won't be room for it to plummet further. |
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Our dispositions in times like this matter a lot and will determine how far we would go in life. The same is applicable to the time we are in, most especially the present market situation in the crypto space.
Thanks for putting this wonderful words together. They are weighty works that will help to bring calmness to us despite what we might be facing.
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Our destiny is not written on an imaginary surface and not in wind. What we are today in the crypto space is as a result of the works of our hands.
- Whenever you want to invest or promote a project, do not be in haste, but take your time to analyze it.
- If you want to sell the coin you have, do ensure you think about it many times, so that you will not later blame yourself for selling.
- Get materials to study whatever you do not know.
Nobody can make a better decision for you than yourself. So learn to do the right thing at the right time.
A time well spent is sometimes better than any for of immediate gratification. Due to our impatience in doing the right things, by researching on every project we are interested in, we have waste our time in promoting scam projects, as well as projects that have the likelihood to fail. It is never advisable to do things in haste in the crypto space, because cryptocurrency requires a lot of patience. |
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A good news is back from the most populated and powerful country in the world. China lifts ban on cryptocurrency, individuals and businesses can own crypto now legally. I believe this change will impact on the market value and it may go up now.
If China has lifted ban on cryptocurrency, we will not be experiencing what we are in now. Most times, it is always good take our time in diligently studying a project. Study the team, the white paper and every other thing that is needed. It is better to waste time researching on a project, than to take time in lamenting over a failed project or scam project that has gone bad. |
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I can introduce anyone and everyone, but i cannot force them to invest. Cryptocurrency is meant for everyone, but i would made them to understand the risk behind it, as well as the benefits. Sometimes, some people only see the money people are making and might covet it, but they may not ask about the odd experience the person has had or that he is having in the crypto space.
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There are good altcoins with good value. Meanwhile, there are determinants or contributors to the value of the altcoin(s). Although, i have also seen some that are just based on hype. Here, the price will increase, but it will easily dump. When you talk of a coin with value and that translates to a good price, such coin must have a good working product as well as a working team that is behind the project.
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Invest now while the the coins and tokens are at their low value.. The impact of the low value of bitcoin affects most of the coins. We should invest now before it returns to is glory. Its is a simple concept of a stock exchange where we buy at lower cost and sell it a high value ,, an increase in value can be a big matter if you invest more.. count your investments not your savings,,, btw please follow me on twitter and i will follow you also. i promise , lets help one another to gain followers. GOD BLESS https://twitter.com/batrocioHere comes another opportunity again for those who would like to invest. It is repeating itself again. Do not miss chances. Sometimes i just wonder why some people complain they are not having good investment. Sometimes the reason is not far fetched from the fact that they do not buy at the right time and sell at the right time. As far as i am concerned, this is an opportunity for me to feel my bags. |
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Bounty at this time might not be that encouraging, owing to the fact that there are lots of challenges now in the crypto space, most especially as regards the bearish market.
I was telling a friend that only the patient and hardworking ones will be able to reap bountifully from bounty later. This is not a time to give up. Just keep working, before you know it, your accumulated work would bring accumulated reward.
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It's really simple. Use MyCrypto instead of Myetherwallet. It's made by the same team, It looks the same and it has more improvements so there is no reason why you wouldn't use it.
I haven't seen a single phishing attempt yet targeting Mycrypto, most likely because hackers are not really aware of it as of now as not many people use it. Either way, the domain name is shorter so It's unlikely that you'll fall it.
That we have not started seeing the phishing sites of My Crypto does not mean hackers are not aware of it. We still need to be very careful before clicking on any site. You never can tell how hackers will come in and it might be a time we least expect. If you already know the original sites of most of them, you can just bookmark. |
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Since january we all experience the red down lines
everyone experience this how long can you still hold your coins
and still hope for the best , are we waiting for another 3 years to reach the top
or we are now heading back to upward lines
Sometimes it is not just about how long wants to hold, before not everyone has the courage to hold. Imagine what is happening at this time, i believe that some people will be in panic or would have even been been in panic and have sold their coins cheaply, because they could not hold. Most times, i try to prepare ahead for a time like this, by holding some fiat, to buy more from panic sellers. |
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