Should we support crypto fully or can we believe about this? Seeing that the people who took the hypothesis of the crypto were very losers. Because this year there is a lot of price fall. People was being busy with crypto, but nobody can not want to take losses. But they got.
There is a big volatility of the cryptocurrency market and those who are here and those planning to be a part of this industry must learn the basics first before plunging into the sea of opportunities, risks and rewards. Right now, things are starting to get better so there is a big possibility that soon we can experience some windfalls of possible profits here...just holding on can be rewarding soon. Just like any business, we have to understand that nothing is guaranteed and opportunities are always riddled with risks...minimizing risks while maximizing possible returns is what we should be doing right from the very start. |
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Savedroid was the only german ico i participated. They lost a lot of value and also did an awful fake scam joke. So i am not going to touch any crypto project if it is Germany. Even it is a sto, i would avoid it.
I was also a supporter of SaveDroid and it was a horrifying experience for all when the staged a fake scam publicity. Subsequently, SaveDroid lost its footing in the industry and though the project was actually good people got sourced with what they had done. A big mistake that can be so hard to correct as it was damaging their reputation and we know that once reputation is gone then things will start to spiral away. I am hoping that Bitbond can be different and can live up to the expectations of the marketplace. |
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There is no question that ICO projects and them subsequently either becoming big failures or runaway scams...there are estimates that more than 90% of the projects on this platform eventually went to nothing leaving many investors and supporters nothing but empty bags. We must have something that can work well for both investors and project proponents and IEO can be a good alternative where we don't have to worry anymore whether the project can reach the exchange because it is done right there in the exchange...for me this can minimize risks though of course since this is business nothing can guarantee that a token/coin value will not depreciate after the said crowdsale. The idea here is to protect the interest of the investing public and have the team behind the project have access to their funds.
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The site is actually looking good. And based on what I see, this can be another mining technology project based on green energy which in my opinion is what mining should be. This is taken from their site:"NEURALIUM is easy to mine and cheaper on electricity than any cryptocurrency and other crypto-token. It is built on a post quantum cryptographic core entirely engineered from scratch. It is completely new, robust, innovative, super simple to use and has a fully decentralized peer-to-peer (P2P) network. NEURALIUM’S main attraction is a brand-new consensus algorithm called Proof of Election (POE). It gives it the super power to mine with minimum computational effort." Now, am sure this is the first time I heard about Proof-of-Election (POE). The project can be offering new ideas and I am hoping this got a good team behind. Good luck to all of them. |
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Yeah, but I personally won't dare to Hodl anything in this market though, I see a slight retrace before we think of going anyway up. But for long term holders, accumulating low sat coins right now wouldn't be a bad idea. It's just my opinion though, you can still DYOR
Indeed, holding can really for the brave or those people who have funds that are just lying idly. However, holding some Bitcoin right now can be a good decision as it is now poised to soon get into the $6K level and from there who knows where it can go up. Unlike the year 2017, people these days are always cautious and not being blinded by speculations and this is the kind of situation we really want. People who are investing with cryptocurrency must always be using their heads and not their emotions which can be fatal (same is true with any other investment vehicles). I still believe that soon Bitcoin and other top cryptos can be making a good run and we can be making money here if we have the right strategies. |
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Cryptocurrency traders and holders who had in this industry for the past many years recognized the brand and reputation that Poloniex offered to the marketplace. And I am glad that the exchange did not eventually succumb to oblivion and is now journeying to gain back what it lost in terms of volume and market share. There remains the big potential for Poloniex to soon be a big leader in this industry and if the people behind it will do everything possible then maybe we can be waking up soon with Poloniex already one of the top 5 exchanges. Now, I am suggesting that they think of many unique features or offers to gain back its past users and supporters. Poloniex must have recognizable USP that they use in their marketing campaign.
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The Fed has closed down exchanges in other jurisdictions in the past. Binance has US customers: This is a NO NO. Craig Wright is no fool and wants Binance out of the picture. Be aware! Maybe hell is coming to Binance: Use them but don’t hold your bags with them: Binance is Malta based but is breaking US Laws and if you think for 5 minutes that the US regulators are not going to take them out you are foolish: Wall Street need Binance and these rogue exchanges out of the way. CZ could do prison time! I would not want to be in his shoes! Binance could be deemed as a money launderer and a tool for terrorism. US regulators and law enforcement have Binance on their radar and will make a move! Opinion!
With the prevailing mindset of the USA SEC, it is not quite remote that they can bludgeon on Binance for grounds of doing illicit business in USA. Of course, Binance has all the means available to fight back this disaster. I always believe that Binance is keeping an open line communication with the SEC on this matter as they can never allow their name and reputation to be tarnished just to be continuing business in USA...and Binance can easily sacrifice this share of the market anytime. Binance must have compliance all the time in check making sure that they are following the guidelines set by the government. |
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Things are still not doing good with many projects that were introduced a year ago just like SwissBorg. I actually supported this project in many ways than one because I saw the big potential of this project according to their published RoadMap. I am hoping that the team behind SwissBorg can be able to recoup the time and opportunities they failed to utilize in promoting the platform and making sure that a critical number of users are joining the bandwagon. Unfortunately, there are many similar projects and many are even much worse. I sympathized to those people who really invested money for the project and hoping to get something out of what they laid down.
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While the whole market of cryptocurrency has had a solid 2019, one coin specifically has triggered up to 300 percent gains since the beginning of the year. Binance Coin (BNB), the official currency of to the world's top ranked crypto exchange by volume, has outpaced both Bitcoin and the market with its huge increases in the course of the most recent month. Given how Binance Coin has, to some degree, taken over the market surge, Is BNB the new Bitcoin?
Well, I don't think it can be considered as the new Bitcoin as this is more of a token from the number one cryptocurrency exchange. The two are very different from each other. However, if you are looking at its growth trajectory, then there can be similarities to Bitcoin and many traders and holders are making good money because of BNB though there are many who are scratching their heads right now when they sold BNB when it was just $5 (and I belong to this category sadly). I heard that Binance is now having its own blockchain platform...and the group must be planning many things in the next few years. |
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So ano sa tingin niyo to ngayon guys kung stepping stone ba ng adaptation ng pilipinas sa cryptocurrency or stepping stone ng gobyerno para makontrol ang pag gamit ng bitcoin sa bansa natin?Oo maganda at may sariling exchange tayo sa pilipinas pero sa tingin ko mapagsasamantalahan to ng gobyerno since alam na nila na madaming crypto user sa pinas
Sabihin na nating totoo yang duda mo na baka samantalahin ito ng gobyerno...pero mas maigi pa rin na merong exchanges di ko lubos maisip panu ako naging involved sa ganitong industriya kung wala ang coins.ph noon pa. Kung walang exchange gaya ng coins.ph panu natin madali at ligtas na i-convert ang ating crypto into cash? Peer-to-peer is a good option but it can be difficult at marami mga scammers dyan. Sa isang gobyerno tulad ng Pilipinas ang habol lang naman nyan ay buwis...at kasama na yan sa mga ginagawa nating transactions sa mga exchanges. Sa tingin ko mas nakakatakot kung wala ang mga exchanges... |
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Coinbase has one of the best name and reputation in the cryptocurrency exchange and though this is not a perfect company this can still be better compared to the many already operating in different countries. I am wishing them well as they are now on the expansion mode and getting into countries which have restrictions and strict or still or vague regulations. Only time can tell if this expansion can be bearing fruits and influence for the company and its business. I am sure that soon they can also be offering crypto-to-fiat facility as this is always demanded by many users.
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I am not here to side with any government but just because we belong to the Bitcoin community, and we have the idea of seasteading in our heart do not mean that we should not be working with the government to make sure that what we are doing can never trigger any governmental response. The government with all of its resources, might and influence can bring big hassle to any ordinary citizen that is why we have to avoid wrangling with it. Fighting the government for the sake of having the right to live in the sea may not be worth it in my opinion. I hope the two can find this problem resolved as soon as possible as being fugitives can be a big worry.
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This is hardly worth reporting, everyone knows that Bitcoin is volatile, so it shouldn't be surprising that when it grows, it outperforms any traditional asset. This is countered by the fact that it also quick to crash, and generally is quite unpredictable - just recently it went from $4,000 to $5,000 in just a few hours and absolutely unexpectedly. Besides, in stock world there are so-called penny stocks that are just as volatile as crypto, and no one goes saying how they outperform big companies, like if it is some notable achievement.
You could not have said it better. One of the most known feature of Bitcoin (and the whole cryptocurrency for that matter) is its extreme volatility...it can go high fast as well as go low fast compared to other investment assets we have in the market. Right now, there is a brewing bull run because e critical mass of people and talkative leaders are spreading the impression that soon it can go to the $6K level which is not really impossible judging on its recent climb. This is Bitcoin and there is nothing like it...totally incomparable! |
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Hope Unocoin doesn't shutdown too soon as I still am using this exchange to store my BTC. Few days back only they were talking about introducing ways to enable deposit/withdrawals in INR and now they are removing staff members which is sad. They are not having much volume also and BTC is being sold at 1 lac INR less than the market price due to less buyers/sellers.
This is how an exchange can severely be affected once the government of the country it is doing business is not that very friendly with cryptocurrency and is exerting effort for banks not to cooperate. I am sad for India because this country has a big potential and can easily replace China and Russia easily and its population is quite receptive to new technology judging on its flourishing BPO industry. I am hoping that eventually things can work right with India and that time when come when there would be positive regulations in placed for all players to work with. |
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Decentralization is one of the greatest dreams of Satoshi looking at the how the blockchain technology and its immutable distributed ledger has been designed. Well it saddens my heart that the greed of men has led to the abusing of this freedom and liberty that Satoshi wanted us to have in the financial industry. Look at the way people are being scammed and robbed in broad day light just because crypto is embedded in anonymity and decentralization. I think we've all had it to the peak, how about we have some level of regulation with the activities in the crypto industry. Share your thoughts comrades.
Decentralization without responsibility, accountability and good regulations can be an invitation for people with ill intentions to exploit the system for their own good to the detriment of the greater population. And we have seen this sadly especially last year when scam and failed projects exploded before the very eyes of the cryptocurrency community. This abuse has to stop otherwise the whole industry can be reduced into a big joke which can make its future somehow bleak affecting people who labored for this industry. I have been saying this all along: The whole industry has to be doing something concrete to address this problem. |
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