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341  Economy / Economics / Re: Can Bitcoin Beat Banks? on: April 19, 2019, 06:13:33 AM
it will never be able to defeat the bank because the bank is still widely used by many people and the bank will also be used whenever there is a digital currency and a blockchain system that is easy to use
In my opinion, it will not be able to beat the bank because banks have many functions, such as money transfers, giving credit, savings and time deposits, safety boxes for safekeeping of valuables, etc. that are not all owned by bitcoin.
But for financial transactions I believe that bitcoin can be an alternative to simplify and accelerate because of peer to peer, and more and more user.

Bitcoin used for peer to peer transaction and as store of value or digital asset. Hard for bitcoin to beat banks because banks already have good infrastructure on our current economic system. Without banks right now, there is no growth on our economic and our economic system will back to barter system
342  Alternate cryptocurrencies / Altcoin Discussion / Re: Greed is bringing loss for traders on: April 14, 2019, 05:00:02 AM
Naturally, traders come to crypto currency with a loyal and considerate mindset
Which is to make profits from 1% - 50%

I.e a trader of 100$ investments wishes to get 150$ (50$ profit). But when the bull spikes comes in; instead of cashing out their profit, Begins to imagine building mansions and suddenly wants to hodl to 3000$

When they wake up the next day and are left with 25$; they say altcoin is shit, that is shit

What can be done to ease greed amongst investors ??

I think this is bad, I see Trading as a business, I do not see it as something to make me rich overnight, I think that many fail for that idea, besides that the strategies are not appropriate, for now I have concentrated in making small profits, many times I win, few lose, those I lose I recover, I believe that there is the essence. I also base myself on the teachings of Jesse Livermore, which, in his books, teaches a lot about his experiences in the Stock Market, which I apply directly to the Crypto market, generating good results.

I am agree, we make investment because we believe on the long term. If we make trade, i am believe we wont greed and expecting earn profits 100% in just one night. In any market, the price always volatile and profits or loss is very usual for investor. Its depend on our investor behaviour and i think we should patience with our investment the portfolio value decrease
343  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptocurrency Market Capitalization on: April 14, 2019, 04:56:10 AM
It is estimated that that the Cryptocurrency market capitalization went down to $200 billion from $800 billion that it was as at January 2018.
I believed it was due to the bearish market .
What I do not understand is while there is continuous growth of Cryptocurrency, people are picking interest and coming into the cryptosphere and yet the market capitalization is still not moving upwards.
What could be the challenge here?


Many challenge in cryptomarket. Beside regulation on market, there is many scam ICOs. Market capitalization will recover again but i think its depend on crypto community, if the challenge solved, i am believe market confident and the price will recover to peak again
344  Alternate cryptocurrencies / Altcoin Discussion / Re: 5 Ways to Earn Crypto without investing or mining on: April 14, 2019, 04:52:48 AM
to work with crypto wages it seems interesting, but the problem is I haven't found what can be offered for that, but it could be an alternative to the bounty, for crowdholding I just found out so it seems I should learn first, thank you for information about this

For me, bounty is more better than others. I dont have a coding skill but i want to earn crypto thats why i am join in bounty campaign. Many ways to earn crypto but i am prefer doing bounty, its more easy and beside that, i can learn about cryptocurrency
345  Alternate cryptocurrencies / Altcoin Discussion / Re: Welcome to the future on: April 14, 2019, 04:49:32 AM
It is curious to live in the future. Pity that time machine does not exist. I would like to know if Bitcoin gains the greatest popularity in 50-100 years. Suppose, it will manage to do it as well as the best altcoins.
is there a modern technology that survived till 100 years? If it is it usually comes from an ancient technology was developed. now the technology is constantly evolving. and also to cryptocurrency. a time will certainly be replaced with better technology, they will survive if their continuously evolving in accordance with market demand.

There is always new technology and i think this happen in blockchain too. Blockchain technology could improve to more better and faster. For bitcoin, perhaps its old technology but its already proven as secure network and i think bitcoin could survive in many years
346  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: airdrop problems on: April 14, 2019, 04:44:57 AM
Airdrops are useless, especially on the falling market. Moreover, some airdrops want you to undergo a KYC process which makes absolutely no sense to risk your personal information for only several cents worth of tokens.
yeah, you are right.
but not all airdrops are useless, there are some very good airdrops. we only need to find the right project for that.

indeed KYC for airdrop doesn't make sense, i also don't agree with that.
that's why i avoid airdrop, especially airdrop that is not real or fake.

Better not join if airdrop require KYC. Its not worthed because we should delivering our document and they can not assure the security of our document. Better doing bounty, i think its more worthed to do and if the project legit, payment is better than airdrop
347  Alternate cryptocurrencies / Altcoin Discussion / Re: the new model of fundrising is IEO on: April 12, 2019, 10:08:26 AM
Very interesting on that count exchanges when IEO is carried out which ends in 1 second Huh
In this kind of IEO involved some bots and scripts! Exchanges do not care about fair participation for all, if they do not fight it.
Money and so collected,even from one participant who came from multiple accounts.
People will realize that they are being deceived and will stop trying to participate.Let's see what the stock exchanges come up with.

I am agree, exchanger already put maximum investment but investor must be have others ways to collect more. Or perhaps the participants very huge and i think its normal because right now is IEO season. Many investor think IEO could bring quick profits and thats why most IEO end in just a second or minutes
348  Economy / Economics / Re: Why exchanges constantly expose you to the risk of losing your capital. on: April 12, 2019, 10:05:22 AM
I also noticed that after listing at the crypto exchange, coins first have a high price, and then they fall, but this is hardly bounty hunters' fault. Rather, the price of all the coins is manipulated by the exchanges and the teams of those coins that go to the exchange. A team can sell coins cheaply, causing token holders to panic and sell their coins, after which the price drops even lower.

I dont think the price manipulated. Like others investor behaviour, they just want to liquid their profits and convert it to others crypto or fiat. I think this is natural and always happen in any market. When the price reach peak, investor realizing the profits.
349  Alternate cryptocurrencies / Altcoin Discussion / Re: What do you think about IEO (Initial Exchange Offering) on: April 12, 2019, 10:02:02 AM
I like IEO because the exchange, on the platform of which IEO is held, is obliged to add a token to the list of trading immediately after the end of the crowdsale. Since of all the coins I received through the bounty, at the moment about 30% are traded on the exchanges. This is a very low figure.

IEO could disrupt ICO and i think people more interesting to invest in IEO. Most investor who join in IEO want to make quick profits because after listed in market, most token from IEO rising more than 100%. But back again, its depend on the project, if the project is good and worth to hold for long term, i am believe its profitable
350  Economy / Economics / Re: the future of crypto is good or bad on: April 12, 2019, 09:58:40 AM
The collapse of the dollar can happen any time.

They keep printing money for bankers, while everyone works 15 hour days trying to keep up.

It's the most corrupt system in humankind. It's not going to stand much longer.

Cryptocurrency is the solution. Once everyone realizes this, fiat money won't even be needed any more.
I think that cryptocurrency can be manipulated by other methods. It is not necessary to have a large inflation to manage a financial unit.

If you mean manipulate on the price, it could happen. But to manipulate in supply, i think if the coin is decentralized like bitcoin, its almost impossible. Bitcoin have limited supply and hard to duplicate the transaction data. The different thing between paper money and bitcoin is on the supply, paper money always printed and it cause high inflation and creating crisis hole
351  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you comfort yourself after receiving token from the bounty program? on: April 12, 2019, 09:54:10 AM
It si better to stop comparing now with 2017,i cannot calculate any reward i will earn when i start participating in bounty,using the price of ETH in 2017,now is now,then is then.

I am agree, better not comparing market condition in 2017 and 2018 or 2019. 2017 is good condition where people jump in crypto and make the price keep rising. 2018 is hard years and makes the price of token drop more than 80% beside that too many scam ICOs. But hopely 2019 will be a good year for crypto market and the value of my portfolio increase again
352  Economy / Economics / Re: what makes us good investors. on: April 12, 2019, 09:49:10 AM
There are several things that make a good investor. For me, thorough research should always be at the top. You really have to know what you are dealing with and understand the risks involved before taking any actions. Another important factor is controlling emotions. We must understand that cryptos are susceptible to volatility and we should always have the patience to wait for the best time to gain profit.

If we are want to be a good investor and make profits, research is important thing and if we believe on the project, better keep hodling for long term. If we keep hodling for long term, the project will developing more faster and produce a good product. I am believe good investor is long term investor and able to be patience with his investment
353  Alternate cryptocurrencies / Altcoin Discussion / Re: A new look to KYC, from a customer's perspective. on: April 07, 2019, 08:55:08 AM
So, what does KYC mean? I always hated that thing, mostly because I feelt it is an unnecesary leak of information.

With these times and all the shitcoin scams and real waste of time and money I came to the resolution that we need a new meaning for KYC.

Know Your CEO.

The best way we could prevent or atleast act in the case (most certain) of one of any new project being a scam is selecting a number of trusted users of the community to verify the "Team" of any coin just the same way we are verified in most sites.
Since most of the new coins claim the "Team" is the people shown in the pictures they shouldn't mind verifying it to this peculiar non snitch trustworthy gathering of users.

In the case a project is to be compared to bitcoin or ethereum and the team crave anonimity you shouldn't need an ICO or could provide code before launching and provide a service.

Any ideas? Would anyone actualy ask for this before investing? and keep the word and not invest without the check?

I think it is more than a fair price for trusting someone with perhaps thousands of bitcoins.

Edit: I has another interesting post few ahead for (for the ones that read op only)

I am agree if KYC applied to developers team because many scam ICOs last year. But its hard to do because there is no regulation on cryptocurrency market, anyone can create their own token and sell it and leave it. If government regulating crypto, i am believe it will reducing scam ICOs
354  Alternate cryptocurrencies / Altcoin Discussion / Re: Lets be careful on what we are investing on: April 07, 2019, 08:51:48 AM
You are right OP, always invest only on long projects and on coins with some history because if someone or more people will start invest on new coins and something bad happens with then money invested will be lost.

I am agree, we should invest for long term and not invest on shitcoin. There is more than 2000 different coin and token and i think the best choice is choose top 50 in market cap value. Its more liquid and i think its a good project and having working product.
355  Alternate cryptocurrencies / Altcoin Discussion / Re: It's time to pick altcoin on: April 07, 2019, 08:47:43 AM
it is true that this is the right time to buy altcoins and after the increase in bitcoin Now, you can be sure the altcoin will be followed, and you can choose 10 big coins.
I think you have to be careful when you want to buy coins when moments like this make sure that the price of bitcoin really goes up and the price increase is not just a trap, because there are so many cryptocurrency price traps that keep traders trapped at high prices.

Its true, better pick good altcoin with good developers team or better choose top 20 altcoin. But i think this is right time to invest in legit altcoin because bitcoin price looks increasing and market cap value rising and approaching $200billions. I hope this market condition will continue and able to reach highest market cap again
356  Economy / Economics / Re: If you had 10000$ on: April 06, 2019, 09:03:58 AM
I think I would take 50% in bitcoins or more, as bitcoins are the most important coin to hold.

Rest of that portfolio would I would use to go long in EOS, NEO, Stellar, Litecoin, and then 10 to 20% on an exchange where I would go into short time trade on different tokens. That cut be everything from an hour to a few weeks.

50% on bitcoin is good option and others 50% for good altcoin. Many investment experts says we should not put all our investment in one basket. Bitcoin is main cryptocurrency in market and its base currency pairs in all exchanger, its like Gold in our real world and anyone must be want to invest in safe haven to reducing risk
357  Alternate cryptocurrencies / Altcoin Discussion / Re: Confidence in Cryptocurrency on: April 06, 2019, 09:00:09 AM
Like pointed out earlier, regulation is very important(atleast to a certain healthy level). Confidence boost can only return if investors see cryptocurrency as an avenue to make money and not loose it. The more scams or fraud are perpetrated in this space, the more potential investors evade the market.

Government regulation will increase investor confident and others people will think crypto is legit investment. If investor more confident, i am believe market will recovery sooner because its about market psychology. With government regulation, investor not afraid anymore about scam because government should be protecting investor funds
358  Alternate cryptocurrencies / Altcoin Discussion / Re: Change of strategy on: April 06, 2019, 08:56:54 AM
I definitely agree that we need to adapt constantly... and if on a bull trend is easier to have profit, on a bear trend is not so easy (good thng that these last few days the market seems to be moving)
People are loosing money because they are always looking for high profits... the "get rich quick" still embeded since the last bull run is still present... I think you are right when you say that smaller profits, less risks, accumulation....
While loosing, instead of becoming desperate, people need to stop, think, and change strategy...
good luck  Grin

I am agree, people just want make quick profits and when market run not like they want, they depressed. Market always volatile up and down and i think if we believe on coin we invested, better hold it for long term. Its more relaxing and stress free
359  Alternate cryptocurrencies / Altcoin Discussion / Re: are ICOs really dead? on: April 06, 2019, 08:53:45 AM
After participating in several ICO project, which turned out to be scam projects. My hard earned money disappeared in to thin air, with no way to trace or recover my money back. I had to act like it never happened to get it off my mind and move on.

Are ICOs really dead and do you still invest in ICO projects?
With the advent of the IEO and the guarantee of exchanges, it seems that the IEO is a trend. And actually ICO is dying. There are probably only projects that cannot afford to run IEO to continue selling ICO.
Majority of the ICO will still use the old style of raising money, there is a payment in IEO and we know that not all of the team
that are trying to run an ICO has enough funds to get their project listed in IEO.
People can choose, ether they invest with the new trend, or still remain with the old.

IEO is new model of ICOs and i think will disrupt ICO in the future. People will prefer choosing IEO in the future because its proven profitable after traded in market. But i think ICOs remain exist because i am believe many good project still launch ICO and investor still looking prospect investment
360  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you ready to invest now? on: April 06, 2019, 08:50:24 AM
The current movement has begun to increase in a good direction, but for investment it is better for altcoins who already have markets such as xrp etc., because I strongly believe that investing in new ico is still very risky and even if you want, you should do some research first .

I am agree, if we decide to invest in altcoin, better choose legit coin or top 100 coinmarketcap. Altcoin is profitable investment if we choose it right and i think its high risk compare with bitcoin. Invest on altcoin right now is good option because market seem start to recover again after drop in several months
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