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3441  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Altcoin for 1000 USD? on: January 11, 2018, 02:24:33 PM
I want play a game - „all or nothing“.

Which altcoin will make best profit in 2018?

I wanna try Mintcoin. Or?...
If your investment capital is low then better to choose a low priced coin.I will suggest you to buy NEM and it has great future and it's price gonna bump in 2018.But I want to tell you that don't get trapped to XRP then you will lose your money soon ripple price will crash and it already started to fall.
3442  Bitcoin / Bitcoin Discussion / Re: Bitcoin drops $2,000 in value as South Korea announces planned trading ban on: January 11, 2018, 12:39:42 PM
Bitcoin drops $2,000 in value as South Korea announces planned trading ban

The value of bitcoin plunged 13.5% in the early hours of Thursday after news hit that South Korea is planning to ban cryptocurrency trading.

News of the ban follows the raiding of local cryptocurrency exchanges by police and tax authorities over alleged tax evasion, as one of the key nations driving the demand for bitcoin and other virtual currencies attempts a clampdown.

“There are great concerns regarding virtual currencies and the justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges,” justice minister Park Sang-ki said.
This is usually normal in crypto currencies as news and event always have impact on their prices, south Korean ban on bitcoin will only affect it temporarily as we noticed during the clamped down on exchanges by the Chinese government last year, there was a drop in the price
 then before the price rallies upward later.
I think South Korea is just trying to regulate the crypto currencies not totally banning it.Stop spreading the fake news and creating panic situation around bitcoin investors.The current fall in price due to the increase in price of altcoin but soon the bitcoin will bump as it normally happened over history.
3443  Economy / Marketplace / Re: I've made 600k in Crypto - When to call it quits on: January 11, 2018, 08:31:40 AM
Hi Guys

I've been in the crypto scene for many years now, first time post here over a dilemma I am facing.

So, I am fortunate enough to make 600k from buying and trading Bitcoin and other crypto assets, and I don't know what to do with the money. Personally I think this is the year I will become a millionaire, as I can only see the marketcap of all coins growing. But friends close to me think I am an idiot for not selling yet, and if it were to collapse to zero, I would never forgive myself. But they don't know the market like I do, and I do believe that it is only the beginning. They say I should sell 95% buy a house, a car and live a nice lifestyle. I am frugal, have always lived within my means and never spent any crypto money as of yet, but I am tempted to start spending some of it now. I am 26 years old, rent an apartment and drive a car worth less than most peoples pushbikes.

My portfolio currently looks like this....

43% Raiblocks
40% Oyster Pearl
5% Enigma
4%Dash
1.5% Bitcoin
and tiny holdings in Waves, Lisk, Stratis, Game.....

I think that both XRB and PRL can double easily this year.

This is not based on greed btw, I want to make enough money so I can buy my siblings houses and see them mortgage free.


What would you do if you were me? When do we call it a day and give up trading?

Many thanks for your help in advance.
I think this year is Ripple's year.
Watch out bro Ripple is falling,many people were trapped in ripple's hype and now the price is crashing under the earth.It is not a good idea to invest on a centralized coin.I think this is Ethereum's year and you already can see the price of ETH is going to moon.
3444  Bitcoin / Bitcoin Discussion / Re: Why do we really need Bitcoin? on: January 11, 2018, 07:04:22 AM
Bitcoin isn't a daily necessity nor a currency that can be used anywhere for any sort of transaction without issues, bitcoin is more of something we can say is investment. Many would also say bitcoin is a luxury I don't know how. Maybe in the future we would be able to use Bitcoin in daily life and then we would actually need bitcoin currently it is just more of an investment.
But bitcoin was invented to be used as a currency without any help from third parties over the online.But many people thinks bitcoin as an asset so they keep on investing and holding they don't want to sell it because the price will increase in future.
3445  Bitcoin / Bitcoin Discussion / Re: South Korea putting an end to trading through cryptocurrencies on: January 11, 2018, 05:35:35 AM
Maybe the current price fall of bitcoin is due to the South Korea's ban but it is not the only reason because many altcoins are popping up so the people are just changing from bitcoins to altcoin.I don't think the South Korean ban will have a big impact on crypto currency market.
3446  Alternate cryptocurrencies / Altcoin Discussion / Re: Will blockchain kill traditional banking? on: January 10, 2018, 04:44:57 PM
A bunch of blockchain tech founders debate the question here: https://bitnewstoday.com/opinion/will-blockchain-kill-banks-or-financial-sector-can-use-this-technology-to-improve-its-efficiency/

James Song, founder of exsulcoin , is featured too. He's showing up everywhere these days.
Maybe crypto currencies will takes the place of banks in future but it can't be replaced 100% so the traditional banking will be there always but less people will going to use banks in future than now.
3447  Economy / Speculation / Re: Bitcoin could ‘easily double’ in 2018, says Fundstrat’s Tom Lee on: January 10, 2018, 02:04:13 PM
Sometimes it is hard to believe in all kinds bullish predictions especially in times of uncertainty in the bitcoin market, or in any cryptocoin market.

Tom Lee is like a drowning man trying to call the attention of an ocean liner. Is he a good swimmer hehehe?



On a near-term basis, Lee expects bitcoin to reclaim its December high. "We think that by mid-2018, we're going to be part of the way there, and that's why we get [bitcoin to $20,000]," he said. "If [bitcoin] can actually rise close to [that $20,000 level] in the first half of this year, I think in the second half of 2018, we'll see a move bigger than that," Lee said. "So I think bitcoin is still something you should own [all year]."

Read the full article https://www.cnbc.com/2018/01/09/bitcoin-could-easily-double-in-2018-says-fundstrats-tom-lee.html
Bitcoin price was almost multiplied by 20 times in the year 2017,so it looks possible to double in one year.But the current situation of bitcoin made more worse the price of falling down everyday and all the altcoins are popping up.But I still hope bitcoin will make a come back soon so let's wait and see.
3448  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can ethereum be beat Bitcoin on: January 10, 2018, 12:47:30 PM
Ethereum is mooning incredibly with stability, But bitcoin still a volatile coin. Lots of crypto expert telling that 2018 Will be for Ethereum. So, what do you think, Can Ethereum beat Bitcoin?

Sorry For bad English. I am trying to improve it.

Thank You, everyone.
The chances are less because the availability of ethereum and bitcoin is plays a big part in the prices.Bitcoin availability is 21 Million but ethereum us unlimited so they can make as much as ethereum they want if they do the supply will be high and the demand will be less so bitcoin will be high in my opinion.
3449  Economy / Marketplace / Re: transfer between wallets on: January 09, 2018, 01:28:53 PM
Hey guys, I decided to take my first steps in the cryptoworld after some research. Had been investing on etoro en with a friend.

Now I hope you can help me with the following question.

I have eth on coss.io and would like to transfer a part of it to gate.io, but do not see whether that would be possible / how to do that.
Is that even possible? Or can I only trade ON the website where I have my wallet / cash out from that website whenever I want $$?


Thanks!

CR
If you want to transfer you must have ethereum wallet and address in gate.io never try to send to other coins wallet like bitcoin or litecoin then you may lose your ethereum.But as far as my knwledge MEW is the best wallet for ethereum so you can get MEW wallet easily but don't forget to store your private keys which is essential to access your ethereum later.
Or you can keep your ethereum in coinbase wallet too and it is easy and convenient than MEW.
3450  Bitcoin / Bitcoin Discussion / Re: how will china banning bitcoin mining affect btc price? on: January 09, 2018, 06:36:31 AM
hi i just read that china might ban bitcoin mining.

what do you think will it affect btc price? lower or higher?

If china banned bitcoin mining there maybe not enough miners which can handle the current heavy load on blockchain network.So it increase the transaction fee further more but the proble will be resolved soon because there are more miners started to emerge all over the world.
3451  Economy / Speculation / Re: How Likely Is It That Bitcoin Will Hit $500k In Three Years? on: January 09, 2018, 04:32:59 AM
From the article below, I reckon we will see John McAfee eat his own penis on national TV hehehe? According to it, there is only a 1 - 10% chance for bitcoin to reach $500k in the next year, and beyond that, it is harder to know. So meaning there is a 90% or so chance for John McAfee to perform what has not been performed on TV ever.

Also, have we been deluding ourselves about bitcoin's price projections all this time? Do you still believe it can reach all those crazy predictions of $100k - $500k per coin?



So — to summarize, we are probably looking at a range of 1–10% probability of reaching $500,000 in the next year, depending on how you model it. Beyond that, it’s harder to know, with changes happening to the market like introduction of futures, but eventually there may be a liquid market for making such predictions through options.

Read the full article https://www.forbes.com/sites/quora/2018/01/05/how-likely-is-it-that-bitcoin-will-hit-500k-in-three-years/#1d5313ec5b4b
It is too hard to predict about this now because bitcoin is struggling now with high transaction fee and longer waiting time.So reaching $500K at the end of 2020 looks impossible.I don't know even bitcoin will go to $500K in the whole life because many altcoins are started to emerge due to high transaction fee in bitcoin.
3452  Economy / Speculation / Re: Bubble closer than you think? on: January 09, 2018, 03:12:39 AM
These articles are created by the bitcoin haters who wanted to bring down the price of bitcoin.So early investors don't panic about these news,they are speaking about this bubble for the last ten years but still it is not coming.
3453  Economy / Trading Discussion / Re: Bad Psychology of Traders on: January 08, 2018, 12:33:55 PM
Why most of Traders have bad psychology of trading they keep lose more and more and can lost his account and they left quickly when operations is winning?

If someone want to be a good trader he needs more patience and decision making skills,decision making means he have to decide what to do and after the decision he don't have to take care of the results.If someone sold his coin for low profits he have to accept that he already made enough profits.
3454  Alternate cryptocurrencies / Tokens (Altcoins) / Re: 🔥💰🔥[ANN] GexCrypto [GEX] - Your Comprehensive Crypto Trading Platform🔥💰🔥 on: January 08, 2018, 05:34:28 AM
I have got some GEX tokens from participating on facebook bounty.I just want to when can I able to trade them.
3455  Economy / Services / Re: GRAFT - Credit Card and Crypto Payment Processing Network | Signature & Avatar Campaign | [CFNP] on: January 08, 2018, 05:20:54 AM
Hi All,

All the grf:token payments for week six have been processed. BTC payments will be processed shortly.

Thanks everyone for supporting Graft Network project! Looking forward for working with you guys during upcoming weeks! Have a great weekend!

Best Regards,

GRAFT Network Team   
BTC payments for week six has been processed just now.

I am confirming that payments were received for the week 6.
3456  Bitcoin / Bitcoin Discussion / Re: A well-known investor believes that Bitcoin will go up on: January 08, 2018, 04:59:49 AM
Everybody is believing that bitcoin price will go up in the future that's why they have invested in bitcoins.But there is no guarantee that bitcoin price will go up it is the riskier investment so we need to invest the amount that we can afford to lose.It is not a good idea to invest all our money into digital currencies.
3457  Economy / Speculation / Re: We broke $17k price on Bitcoin will $20k be next? on: January 07, 2018, 01:12:43 PM
Do you think we're going to go sideways with the price action or we'll blow past $20,000 per Bitcoin? I'd love to hear your feedback on the price action from beginning January to February what are your thoughts?

Yeah surely bitcoin will reach the 20K but it needs some time to recover because of the rapid growth of ripple.Many bitcoin investors moved to ripple to make quick money but they will cashout when price starts to fall so they will reinvest on bitcoins soon when the ripple hype gets over.
3458  Economy / Service Discussion / Re: PSA: Electrum has a critical security vulnerability on: January 07, 2018, 08:38:22 AM
Electrum is considered as one of the best and secured wallet for bitcoin but now it made this kind of issue many investors are going to suffer with these issues.So people immediately upgrade to 3.0.4 version or else you will lose your bitcoins.
3459  Economy / Trading Discussion / Re: Number One Reason NOT to invest in Crypto on: January 07, 2018, 06:43:39 AM
risk is given in all forms of investment, the main reason for me is they do not be anonymous in your money in online because the possibility of loosing money is very high unlike in investing in real state you know where to get if something bad happens in the company but i enjoy to invest in crypto world because the income you get is much higher than investing in real state.
The thieves are everywhere so you need to take care of your money by storing them in a good paper wallet.If you stire them in exchanges you wil get stolen by scammers.
Crypto is the best investment in my thought because it is giving more profits than any other type of investment if you don't want to invest just go away and don't create panic situation around the new investors.
3460  Bitcoin / Bitcoin Discussion / Re: Is bitcoin is making this world a better place? on: January 07, 2018, 02:18:10 AM
Bitcoin is helping in increasing the life standards of people by giving chances to earn more money through the profits from bitcoin.But still most of the people don't know about the word bitcoins so it is not made big changes in the world yet.
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