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2521  Alternate cryptocurrencies / Altcoin Discussion / Re: Justin Sun's Bold Statement on Facebook’s Libra on: August 27, 2019, 01:29:07 PM
Well!! Did you know? CEO of Tron Justin sun makes a bold statement on libra.
What's your take on this?

When dinner with Warren Buffet?  Was Carlos Matos finally invited to join Justin so they together represent crypto space?
2522  Economy / Economics / Re: Global economic and trade crisis on: August 27, 2019, 12:37:17 PM
As countries' economies face major challenges, the biggest economic crisis in history will come out in recent years. What methods will you use to avoid the biggest economic crisis in history?

You cant avoid it. If it will happen it will happen. You cant do anything about it not to happen. What you can so it to use it in your advantage. You can do that to store your wealth into some liquid asset that will not lose value now. In past that was Gold. Then when prices fall most you use that Gold to buy whatever is there to buy.  Of course you can fail at doing so. Maybe crisis will never come, maybe will only come in many years from now and you will buy Gold to early. Maybe you will start spending gold to early since crisis will be much deeper as you expected. Maybe you will start spending your Gold to late since crisis will be much weaker as you expected. This reminds me of day trading in crypto.
2523  Alternate cryptocurrencies / Altcoin Discussion / Re: Opinions on Karatbars International on: August 26, 2019, 05:47:54 PM
I've recently come across Karatbars and would like to know what you think. Karatbars was rated a top 10 blockchain company to watch out for in 2019 earlier this year by forbes. https://www.forbes.com/sites/joresablount/2019/05/31/10-blockchain-companies-to-watch-in-2019/#16c5e776543f

Their goal is to bring financial freedom to the people by making gold available to everyone. Here is a video about the company. https://www.karatcrypto.com/
If you would like to research more into the company, this is a good place to do so. http://youtube.com/user/algarveauctions

Much of the negative press you may have heard against the business was actually part of scam attacks. https://medium.com/karatgold-karatbars/marvin-steinberg-and-karatbars-the-full-story-5e15f0a70cc7
https://globalcoinreport.com/karatgold-proves-its-business-model-by-providing-official-documents/


I dont think that company that wants to supply gold to everyone have anything to do with blockchain. It is a precious metal dealer like 10000 all round the world. If they specialize in markets that were not so far covered that is only positive.
2524  Alternate cryptocurrencies / Altcoin Discussion / Re: Now I want to buy some kind of alternate coins.What kind of coins can I buy? on: August 26, 2019, 05:15:12 PM
Now I want to buy some kind of alternate coins.What kind of coins can I buy?

Buy the ones that have use case and will be used 10 years from now and are fundamentally different from Bitcoin in such way that Bitcoin will never implement it.
2525  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETC fork speculation. on: August 26, 2019, 04:32:48 PM
There is an upcoming fork of ETC which is planned to take place at sept 17th.
Quote
" ethereum classic is enjoying a spectacular spike ahead of its scheduled September 17 hard fork. And the ethereum price (ETH) is rising too."
https://www.ccn.com/ethereum-fork-bitcoin-price/

You can call that a protocol upgrade. Monero have such protocol upgrades every half year. He make them with help of hardforks.
2526  Economy / Economics / Re: Taxless society idea on: August 26, 2019, 01:50:06 PM
Community interests (healthcare, roads, pensions...) can be financed directly from the part of that emission with limited valid time inflationary money on annual base.

That will not work. It is a premine or taxmine as zcash and dash have. It is stolen from miners and will never be approved by regulators.
2527  Alternate cryptocurrencies / Altcoin Discussion / Re: WHEN THE LAST COIN HAS BEEN MINED. on: August 26, 2019, 12:51:40 PM
Hello all, i have always wondered about what happens after the last coin of a COIN has been mined, does that mean that people would not be able to buy it again? if not, if someone i to come to the market to purchase a coin and he/she sees that a coin limit has already been exhausted through the history given on coinmarketcap, would that not make the buyer withdraw from taking step further based on the mentality that the limit has been exhausted?
The limit of coins like bitcoin is what will make the coin have very high value in future, because when the last coin has been mined, then it will tend to only remain with those that has had it already, and I believe that there will always be people who will be willing to sell, BUT, because of its scarcity now, people would be selling and bidding at very high prices, and the more people sell high, the more the value gradually increase and this is why people believe that bitcoin will reach  a peak price of like 1 million dollars in future.

Demand will be very high, but the supply will be limited because you have to work hard to really see someone that will be willing to let go off their own coin, which is why they will never sell it low.

What about miners that secure network. Will they get enough from fees? how high fees will have to be to pay them enough?
2528  Alternate cryptocurrencies / Altcoin Discussion / Re: DarkNet ( TOR ) on: August 25, 2019, 02:40:03 PM
https://tronscan.org/#/token/1002336
DarkNet token (TOR) hides transactions by using stealth addresses and mixing. This allows the cleaning of any ownership-identifying traces of coins,nobody can track where the transactions came from.

ON trx platform?
what you think people?

I doubt you can get much opaque ledger on tron asset platform.
2529  Alternate cryptocurrencies / Altcoin Discussion / Re: Are You Still looking For New Coins When Bitcoin Dominance Hit 90% on: August 25, 2019, 02:09:39 PM
There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.

In a lot of cases best time to buy was as soon as token was listed on an exchange.



A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.
Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%

Last time that Bitcoin dominance was over 90% was in 2015. There was no Bitcoin forks back then. And a lot of people were buying altcoins.
2530  Economy / Economics / Re: Over 100,000,000,000 In Volume on: August 25, 2019, 01:38:28 PM
The market seemingly has over 100 Billion in volume and growing as of today, do you think this is a good or bad thing for the economy and where is the market headed to next? Speculations and thoughts?

Most of volume on exchanges is fake. Exchanges wants to look legit and they wash trade to attract more traders. Coin issuers, want that their coin looks liquid and they wash trade it to attract more people buy it as an investment.
2531  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 25, 2019, 12:58:08 PM
Returns during the Trump presidency


So you are saying Trump is reason why Bitcoin gained 20 times in last 3.5 years?    Grin
2532  Economy / Speculation / Re: John McAfee Says Bitcoin Waking Up Again on: August 25, 2019, 12:46:06 PM
Well!! Popular cryptocurrency expert john McAfee says that bitcoin is waking up again.

According to John McAfee, “BTC waking up again. Up and down but long term steady growth is apparent”

What's your point of view on this?


He is more then half year to late. Bitcoin starting waking up in February. But better late then never.
2533  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The binance venus on: August 24, 2019, 04:56:29 PM
Binance announced a stablecoin recently, something very similar to Facebook's libra coin. I think this should be considered a push for adoption and variety, not necessarily a push for competition.
What do you think guys?

every exchange wants its own stable coins because they simply dont trust others. That quite clearly tells us that stablecoins are not really useful on long term. They are short term solutions for exchanges to attract more wealth into crypto.
2534  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 24, 2019, 04:26:38 PM
Meantime:



This altcoin looks, one day of school smarter from bitcoin.
2535  Alternate cryptocurrencies / Altcoin Discussion / Re: Gigantic max supply is bad on: August 24, 2019, 03:54:03 PM
Apart from real use case do coins and tokens max supply counts as well? for example lets look at doge coin,its max supply is 280 billion and the circulating supply is 120billion which is presently trading at 0.0026$ what would have happened if its max supply is in millions ?

i think some coins have way to much max supply which actually affects the coin or token performance as well,coins with low supply will always have better value than having gigantic supply.


I dont think doge have max supply. You need to check your sources and learn about it more.  

To answer you main question the answer is it dont matter. What matters more is who hold those coins and how they got them. If developers does or someone that got them for free with some airdrop or holding some other coins that is really bad, since those coins are worth nothing to them.
2536  Alternate cryptocurrencies / Altcoin Discussion / Re: Promising GPU Mine-able Coins on: August 24, 2019, 03:20:25 PM
What GPU mine-able coins you think look very promising at the moment?

By "promising" I mean things like: have good potential for growth, good business plan, good road map, good team, etc..

Monero is by far the best. They fight hard to keep ASIC miners out. So far by changing mining alghorythm every 6 months and from soon on by developing RandomX, that will hopeful solve ASIC resistance problem Smiley


Monero is well developed, have wide base of users and a coin with clear use case. So no worries about future.
2537  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Piggybanks - OKex piggybank on: August 23, 2019, 11:05:19 PM
Hello, today I registered on the website and find out that OKex offers you to store cryptocurrencies with interest gain.
The ROI is around 1-5% on BTC, ETH, EOS and so on.
More in the article: https://medium.com/okex-blog/ok-piggybank-gain-extra-with-your-spare-coins-1efe3c9b37cd
Do you know about some other platforms that offers something similiar.
Would you trust OKex to store your cryptocurrencies forever?

If they get hacked you will most likely be left with nothing. So if yo get 1% a year that will take 100 years to earn back what you lost.
2538  Alternate cryptocurrencies / Altcoin Discussion / Re: How to Unlock the Millions Stuck in Dead Coin Portfolios on: August 23, 2019, 10:20:06 PM
How to Unlock the Millions Stuck in Dead Coin Portfolios

Coins that are not traded are worth exactly nothing. They are not traded because no one wants them, since they probably get them nothing in return.  3/4 of ICOs that happened over last few years had no serious product. Some smart closed down and return founds to token holders, others just did nothing and pay salaries to them self until ICO founds were spent.
2539  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance Founder Changpeng Zhao Says Funds Are SAFU on: August 23, 2019, 04:43:10 PM
Well!! Did you know? Recently binance founder changpeng says funds are SAFU.

Source: https://coinpedia.org/cryptocurrency-bulletin/funds-are-safu-changpeng-zhao/

What do you think about Binance?


If you treat an exchange as an exchange and not as a wallet, then no matter what happens with them your coins are safe. Their coins are their problem.
2540  Alternate cryptocurrencies / Speculation (Altcoins) / Re: MONERO - $2500 on: August 23, 2019, 03:57:16 PM
XMR is $80 right now.

What do you think about XMR? Is XMR going to be $2500 along with BTC bull run?


I believe Chinese community thinks $3000 is price they are waiting for. https://www.youtube.com/watch?v=snRmbhivgm4  Who else could know then them?

Satis group predicted $18000 Monero  https://research.bloomberg.com/pub/res/d37g1Q1hEhBkiRCu_ruMdMsbc0A
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