Scam projects are recognized as a scam only after they scam their users.
How can you tell which project is scam and which one is legit from the beginning.
Yeah,I know that ICOs are shit and we should not buy ICO tokens,but you can't tell people what to do with their own money.
I am not telling people what to buy or not with their own money but after huge crash we learned lesson that lots of scam ico projects raised money from crypto space and disappeared. That should not happen atleast fir time being we have to stop ico investments. That’s what my concern . |
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You probably tried to send some kind of bank transfer. In such transactions sometimes banks make minimum transaction amount of $100, fixed fees about $30 and extra % of the total amount. That obviously seem retarded but there is also a lot payment systems like paypal or some money transfer systems like Western Union, which have a lot of similar services with smaller fees. Anyway, crypto is not the only solution for that problem. People invented many things to make small international transfers easier.
I tried with western union and other money transfer service . I don’t think any useful information in your quote . Better you go outside and try to send money to any one in outside country. Then you will find real potential of bitcoin. |
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i think ETH does has a small chance to be pumped x10 but don't put too much hope it will happen soon because the market is not fully recover yet and the world need more time to apply ETH or other altcoins in real life more frequent before it can be pumped more than 1000$, i guess we can have double the profit if we start investing in ETH from today.
If ethereum follows their white paper like maximum supply limit also if they implement proposed Casper POS then there will be a huge chance of increasing its time even more than 10x . But when it will happen nobody sure about. |
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For me, NEO still is a good choice for investment. Good for staking and earning GAS that you can also sell in a good price. I invest to it and still looking forward to NEO and GAS price to increase more.
Now neo price is lesser than gas price in past . Gas were trading more than 30$ . Now neo only trading less than 20$ it was even went to worst less than 10 . It is one of the best staking cokn also lots forget it’s a smart contract creation platform. |
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After long decline in neo price now it’s taking its momentum . Hope investors now atleast they are interested about this coin . There was lots of project implemented on this . It is one of the best pos based coin exist out there . What you think about this con guys.
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Bitcoin as far its pumped pretty decent i took some of bitcoin profit some still holding . But ethereum and other altcoins which i am holding its price still way more lesser than its potential . At least ethereum expected to be reach 800$ and other coins will be traded against BTC or ETC pair profit.
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I am not expert in this even i have done several mistake . But always i think mistake is the best lesson to learn . So i will tell the incident were the token i was believing from the core . Finally it end upto scam even its price was Soaring or decreasing i did not believe even after some time i was foolishly believing in that finally its value is zero now . So my understanding from that is never have sentiment on any coins or token . Use brain before you taking any decision.
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It is difficult to judge the country in which you never lived and the culture and traditions that you do not know.In this country, a very large number of residents and if they are all categorically denied the use of bitcoin it is very sad.Although I have met many startups from India and I think that the published news is only rumors.
How large number of resident categorically deny ??. There is no possibility in india when there is very few are trading or knowing about bitcoin and other crypto currency. The rules have been done by RBI and government there should be some proper reason for that . Most of the crypto startup left country like Zebpay . Some are Closing business like Coinomi its backed by Billdesk one of the biggest payment gateway provider. |
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bitcoin surge happens when fiat moves to exchanges and if whales were behind it then you had to look at their bank accounts where they trasfer fiat to buy bitcoin increasing its price, not the bitcoin blockchain!!!
ps. we had 4 huge news today leading to this rise. 5 if you count the price rise and the FOMO itself:
1. Microsoft launching a tool on bitcoin blockchain
2. eBay supposedly planning to accept bitcoin
3. BAKKT announced futures
4. Starbucks, Nordstrom, whole foods now accept bitcoin payments
p.ps. the drop below $6k was whale manipulation months ago. this is just market going back to normal after that manipulation was over.
I do agree but compare to Binance hack and China Crypto Mining Ban what you mentioned are not much effective . Even after Binance hack market is moving upward trend it indicated whales are prepared for next bull run . Not only crypto market am also traditional regulated equity , Commodity investor even this market most of the time decided by Whales. Its hard truth. |
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LOL it was a marketing tactics of a news portal they are calling themselves PIA News. Totally wast of time. Just check the reactions they got on the promotion video comments. People are pissed :-P Edit: LOL they disabled the comment section because of the hit :-P  It was one of the best marketing strategy i seen in recent time . I found this website link from one of the popular youtube channel i used to follow always . So then after ai was checking this website . Finally turned out to be AI based news channel promotion. They even disabled the comment in youtube page. |
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Hi everyone, I've read lots of articles explaining that one of the major reasons of the run to $20,000 back in 2017 was the money machine printer known as Tether (USDT). What do you think it will happen this time regarding this? I ask based on tweets like this: https://twitter.com/Stami_/status/1115217112262483969Thanks! Based on my experience also i witnessed the bull run . It was initially started because of BCH fork success were people got 400$-1000$ worth of Coin by simply holding Bitcoin in wallet . Soon after Segwit2x or B3x and BTG fork announce people started to grab bitcoin for getting free coin after fork . Were Segwit2x expected to major change in crypto space . Once it cross 10000$ mark . It took momentum became talk of town reached 20 K in No time . If USDT was the reason now more stable coins are out there If your point is true then this time it will hit even harder. |
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I haven't been affected personally because I'm keeping my holdings on a hard wallet but I'm also sure that it has a negative effect on people these days. Some users have lost their trust in that exchange. Hackers now focus on hacking different exchanges but we should be smart enough to keep our holdings safe as investors and traders.
I have effected in cryptopia hack were i lost some of my ether after theat i dint dare to keep much fund in exchanges . So that in binance hack it was not much effected my account . Now we have to follow Proof of key concept. |
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Recently i had to send some money for my cousin who is staying in other country He was in real trouble . It was urgent money he needed . It was less than 100$ . I went all money transfer exchanges asked for sending money as he need urgently Every where i found same answer we cant send less than 100$ . Even if we want to send there will be huge process. Beneficiary should have that countries bank account even he is traveller . Minimum there was at least for 500$ and also it will take 2 to 3 days for transferring this money to beneficiary account.
Some were i found answer we cant send money apart from our blood relations (I mean sibblings and Parents) . For that they required proof
Thats when i realised the real potential of Bitcoin . Then after Came back to crypto space after long time . I got real trust . Then after market also started to move towards bullish run (Coincident) . Now i am feeling proud that i am in crypto community.
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Last weekend I spend some time with some of my relatives and one of them were playing a online game called, Forge of Empires. This is a browser-based strategy game with more than 10 million registered users  The main goal of the game is to expand and develop a city beginning from the Stone Age and ending in the Virtual Future. (They even have Crypto currencies as a tradable commodity within the game)  <Well, not actual Crypto currencies, just a in-game commodity> So after watching my nephew playing for 1 hour and talking to him, he revealed to me that he spend over $1000 on buying virtual diamonds in the game. <in 6 months>  We started talking about real Crypto currencies and he immediately started the argument that Crypto currencies are "fake" money and that it was not real money or even a commodity. My counter argument floored him, because I asked him if the diamonds that he bought in the game was real or if the items that he bought in the game was real.? His whole perspective on Crypto currencies changed, when he realized that digital items can have a value and that the virtual items that he bought within the game had less value than the bitcoins that can be bought and sold.  He asked me to help him buy some bitcoins and he was very happy after a week, when he saw his investment in the supposed "fake" money, going up in value when the price increased. Should we confront more people with the argument that most of the digital items that are bought online, might have less value than Crypto currencies. Ps. I emailed the developers of the game <InnoGames> and asked them if they might consider accepting Bitcoin as a payment option, but they gave the generic answer that they are open to new payment options, but they cannot give a timeframe for when this might happen. <I think more people should ask them>  Great effort even my concern also young generation should understand the value of crypto currencies . Lots of Kids which i am seeing busy playing mobile games where collecting some gems or meals . I always asking what you got from this by spending this much time .They show these useless gems or some task level . Even some are spending money to buy next level or Gems . I think Crypto currencies are way better than that you made it understand your relative . Even i will also try from now. |
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I researched between Bitcoin and real gold.
Bitcoin
Bitcoin is a digital asset, this digital asset is the same as gold but is only available in the digital world.
Bitcoin As a currency that has an exchange rate against other currencies, the movement of the price of Bitcoin also shows fluctuations. Even this is not often used by users to make Bitcoin a trading asset. But concerns, the price of Bitcoin turned out to be moving in very sharp volatility. In fact, the phenomenon of price changes.
Real gold
Gold is a soft and easily forged metal, its hardness ranges from 2.5 - 3 (Mohs scale), and its specific gravity depends on the type and content of other metals that join it.
Gold is used as a financial standard in many countries and is also used as jewelry.
The use of gold in the monetary and financial fields is based on the absolute monetary value of gold itself against various currencies throughout the world, although officially on the world commodity exchange, the price of gold is listed in US dollars. The form of the use of gold in the monetary sector is usually in the form of gold bars or gold in various units weighing grams to kilograms.
Gold can also experience price declines along with the reduced debt crisis that has engulfed a number of European countries such as Greece and Italy.
From the language I said above, it turns out that not only does Bitcoin rise and fall, but real gold in the real world also rises and falls.
If I say my language above, I hope that panic will decrease.
Have positive thoughts not to say that this is the end of bitcoin.
I did this research by comparing Bitcoin with real Gold, or does anyone have another opinion?
Yes bitcoin and Gold both having price volatility but major difference between bitcoinand gold is supply limit . Bitcoin is having maximum of 21 miilion supply . Gold is not knowing even cant get the overall supply limit . thats were both making difference . Bitcoin is more valuable than gold |
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Bitcoin emerged as an alternative option to the traditional currency with extended features and its underlying technology i.e. blockchain is grabbing the attention with its security benefits. But every good thing has some setbacks which make it harder to accept with ease and the same thing happening with Bitcoin now!
Yes bitcoin or crypto currencies are having set back and also compare to traditional fiat currency required paper it was also harmful for environment . Bitcoin reduced that and some mining electricity required now , Even Smart phone and laptop charge required phone . It is also consuming huge electricity . Once segwit or offchain transaction implementation done there will be reduction of this problem. |
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 Lol, this is so true. I urge everyone to really put the majority of your investments on bitcoin to avoid getting REKT in the future. Well, you can still invest on some altcoin but at least the your portfolio should be like more than half on bitcoin, just saying. You said it the word even lots of my good crypto currency friends told me to bag half of my holding with bitcoin were i didnt do in last bearish market . I had hope in some of major alt coins like Ehtereum , NEO , XEM, EOS, ADA . But now i realise that i could have convert some of that into bitcoin would be safer. |
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35 days ago I started a thread and I told you btc will go 9k$ bcz china banned miners, but some of you dont believed me, Today BTC is 8100$ in some exchange, Here is that thread: https://bitcointalk.org/index.php?topic=5130327.msg50545198#msg50545198Now I have a good news , BTC to 50k$ bcz china banned miner, my friend in China confirmed 90% of miner in china are shutdown. BTC can easy go to 50K$ and more. Less miners = More Demand = increasing price, as simple as that. As a newbie your having good speculation skill . Yes even i am also thinking same but already most of the bitcoins are already mined so there is no meaning of less supply . More over thereis lots of things impacting bitcoin price . Like trust on Bakkt or whales arrival after crypto summer there is lots we cant take only this scenario for this price hike. |
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Just now noticed from investinblockchain that Canada accepting bitcoin for paying Tax. This is one of most important positive news in my opinions. Accept paying tax with bitcoin means, bitcoin is fully supported by central government. I believe more country will encourage when most of rich country will start accept bitcoin officially. Tax payer can pay tax by using Coinberry app, and it will convert bitcoin to Canadian currency. i am noticing this news bit later even i think its the great news were most of the asians countries busy banning western contries ado[pting more even for tax paying . So only Western Countries economically far ahead compare to Asian countreis. But it is really great move from Canada. |
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With the continuing trend of an upward Bitcoin price, we should be expecting more and more incentives for scammers, hackers, phishers and similar people to be trying their best luring people out of their hard-earned money by promising them returns of investment with sky-is-the-limit proportions. And with new people coming in to the world of cryptocurrency, there can be many who can easily fall victims to different schemes leaving participants with empty bags later and some blaming Bitcoin for their predicaments. Newbies and even veterans alike should be careful at all times and always remember that if something is too good to be true then most probably it is... It is sad that for people in the media any scam that uses Bitcoin as the medium of exchange or currency is labeled as Bitcoin scam but when a scam is using the fiat money it is not in anyway called as the Dollar scam. Have you been a victim of an elaborate cryptocurrency-related scam that cost you some money? Please share some details here so we can all learn from each other's mistakes... I didnot lost money because of scam . Yes of-course lost money because of my foolishness and greedy mentality . I dint take profit even i got 10 times of initial investment was expecting Fortune but ididnt happen . I think biggest loss happened for me is Centra the coin was worth 10000$ became nothing once SEC arrested owners . So be sure about platform before investing dont go with a Hype created around the coin. |
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