in my opinion the correct way of helping bitcoin adoption is that if everyone started from themselves. because we can't expect bitcoin being adopted when we don't want to spend our coins! but if people started thinking of bitcoin more than an investment and started spending it more then there would be more merchants willing to get in on the market with a lot of customers (=demand) in it and that obviously is the best kind of adoption that we can hope for.
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well it is centralized so that is a big no for me at the beginning. then there is the huge supply issue which makes these types of coins risky investments because their long term decline is guaranteed. to top that all off we have the unfair distribution of the tokens that worked mostly with airdrops but not a fair one.
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with all that said and done, BCH is still a pointless shitcoin that has no purpose to exist. the only reason why it is still staying alive and has not yet dropped dead and disappeared is because there are deep pockets behind it with a lot of money and hashpower that are keeping it alive by burning money.
to pump such a coin they would have to spend a lot more money, $2000 is possible but it is going to be pretty hard to pump it that big since people aren't really interested in shitcoins that have already pumped and disappointed them.
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to be honest that doesn't make much sense to me because that would mean a centralized coin that is fully relying on another centralized platform! the result seems to be more of a mess than a stable coin. what we have now is that these coins are at least having their own blockchain and are not exactly relying on anything else. and that makes things somewhat easier for them.
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people always think that their anonymous coin is the best thing. in this case OP's coin is being advertised by the team as the "competitor" so obviously their opinion is very biased in this case. but in the end we always see that these coins are either the same as Monero or an inferior version of anon coins. with that said i still have to check out the coin OP is advertising here, with an initial look it seems like there is not much new about it though.
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people always "think" that but when push comes to shove you see that the money always moves upwards to bitcoin and because of that we may even see a bigger altcoin dump as every investor pulls their money out of the altcoins to buy bitcoin so that they can make profit from the bitcoin rise.
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you just think that way because you have fallen for a bunch of advertisement promising you a lot of profit while taking your money away from you. otherwise we have had the same story for a long time, the pump and dump shitcoins are created every day and they always promise you a lot of money. it is up to you to not fall for their tricks and only take the profit in short term and dump on them instead of waiting for them to dump on you.
the market isn't going anywhere though. it will remain as the penny stocks of cryptocurrencies. and the pump and dumps won't stop as long as newbies exist.
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before you even start promoting anything you have to take a very important and mandatory step. and that step is to create a unique cryptocurrency that is good and useful. otherwise when you skip that little step and jump to wanting people adopt something that is useless, without any innovation since it is copying another project or is an ICO, ... then there will be no success. all you can hope for is temporary and meaningless pumps that only last a short time.
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it is not about courage. it is about the opportunity existing. that is all.
for example when some scammer tells idiots he is Satoshi and they eat it up, then that scammer would milk them dry as much as he can. and as long as those idiots exist, the scammers exist too because their methods are profitable for them.
it is the same with shitcoins and pump and dumps. if people stopped giving their money away to ICO scammers, and copycoin creators then we would have never seen thousands of them around. we could instead see real good projects develop and shine in this market.
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neither!
if you want to have something that can keep its value then go back to fiat, real USD is the only choice. anything else is considered a highly risky and volatile altcoin even if currently their prices may seem stable. not to mention that these tokens are centralized and if anything happens to the company behind them (like Bitfinex company scamming) the token you bought (like Tether) would tank to zero in less than an hour.
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since there is nothing special going on with this coin there is no reason for it to rise and because of that the rise is purely a pump. you can always find weird news to connect to the pump but the facts remain that it was a pump and as we can see now the pump didn't last that long either and the dumping part started already.
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you can't force people to do anything that they don't want to. you can fool certain people with little to no experience and/or brains into doing irrational things but everyone else will do what is best for them. if someone is already accumulating and holding they will do it and if someone has sold they have sold and not waiting for some campaign.
with that said, since it is a moot question there is no point arguing some imaginary scenario that can never happen.
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Oh my God! Only 962 participated in the 7 million ICO? Looks so bad to be true. Looks like an organised professional scam. Looks like bit torrent and tron wanted some money ASAP so they launched this ICO to milk money from users.
no it is not organized scam and it is not something strange. this is what happens when a big name asks for money like this!!! they don't have to do anything though, their token is just as pointless as the rest of them but since they have a big name they can raise large amounts of money like this. but since their token is like the other thousands of tokens, they will also die. and you should stay away from these kinds of investment.
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it doesn't matter. Mtgox itself has never had any effects on anything including bitcoin price. anything that has ever happened was due to FUD and exaggeration of the news combined with a lot of lies. and that is never going away until the market is big enough that the brainless newbies don't have a significant effect when they panic sell to the whales. other than that, when mtgox ends they will start a new chapter with a new drama. learn not to give your money to the whales instead of looking for the end of something arbitrary.
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for coins like ethereum that have unlimited supply, getting pumped again will continue to get harder and harder every day that passes because passage of every single day means thousands of new coins being injected into its "supply" circulation and that is not a good thing for the price of anything let alone a cryptotoken that is designed for trading in a market filled with coins with much better profit.
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these coins are NOT valuable!
a valuable coin is a coin that is offering some utilities and is being developed and improved over time. all the coins you listed here were created and mostly abandoned afterwards. they just exist as a virtual token on exchanges so that traders can buy and sell them to make profit from the pump and dumps. that is not called "value" in my opinion.
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not a good time for the icos maybe for the bear market or maybe because the various teams think more about fundraising and not at the actual development of projects, but i think when the bull market will begin icos will be stronger than before
i seriously doubt that. you see there is only a limited number of topics you can create a fake token on and 2017 proved that each topic has at least a dozen tokens made for. of course none of them are real but still. for example how many more healthcare tokens can you see? they can't keep the same thing repeated a million times. at some point people will stop giving them money and they will die for good.
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litecoin is the only altcoin that has always followed bitcoin without fail. and for it to rise back up again and reach higher values it needs to wait for bitcoin to riser back up again. and for the time being we see that bitcoin is in accumulation stage and that makes its rally near. as soon as bitcoin starts rising which will be soon, LTC will follow and reach its higher prices again.
I think you are correct in the submission of the rising of litecoin. And so true is also the fact that, any coin would hardly rise without the corresponding rise in bitcoin, except the coin is pumped which means it is artificial rise which is doom to fall as soon as it rises. actually other coins are different. obviously they can get pumped easier if bitcoin is rising but they still get pumped nonetheless. as i said LTC is the only coin that has followed bitcoin tightly, other coins have never followed bitcoin.
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gambling is a key use case for cryptocurrencies.
your discussion is not about whether those coins are undervalued or not. your discussion should instead be about this statement, whether cryptocurrencies are being used for gambling only. if we make that assumption then you could say that these tokens are undervalued but in my opinion that assumption is false. take bitcoin for example. gambling may have been hot in the beginning when the first dice sites started coming out but eventually the hype died off and nowadays gambling is only a tiny portion of the use cases of bitcoin. when it is about altcoins, it becomes even less specially if an altcoin has only focused and limited itself to gambling. people are only getting into altcoins for the profit they can gain, which is most of the times profit on their bitcoins.
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litecoin is the only altcoin that has always followed bitcoin without fail. and for it to rise back up again and reach higher values it needs to wait for bitcoin to riser back up again. and for the time being we see that bitcoin is in accumulation stage and that makes its rally near. as soon as bitcoin starts rising which will be soon, LTC will follow and reach its higher prices again.
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