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3821  Economy / Speculation / Re: What happens to bitcoin? up or down? on: May 08, 2018, 02:03:09 PM
The value of bitcoin has seen significant gains over the last week, following a period of relative stability hovering above $9,000. If it continues its good form, it could break above $10,000 in the coming days. . my opinion is bullish market is coming.
Bullish market or not, no one can know before it happens and that would have only started giving us some light if we are able to break the $10k resistance. Nevertheless, let us be hopeful that we will get to see this happen and at the same time have it at the back of our minds that anything on the other side of things can still happen as well which is something no one can really tell which direction it would ever be.

Where did you get the idea that the idea that the price will go up to $10,000 and fall done to $8500? Your comment makes no single sense to me cause you have nothing to prove for it. Lots of experts has predicted that the price of Bitcoin will even get close to $15000 and keep on going up, why will your own be different.
People do speculate here based on their previous experience with bitcoin price fluctuations. Even those people who are not familiar with any technical analysis, had come with accurate predictions because of their experience along with fluctuations levels. So, never mind and never ask for proof Tongue.
3822  Alternate cryptocurrencies / Altcoin Discussion / Re: How can the ICO scams be identified? on: May 08, 2018, 11:32:29 AM
Dear All!

As many of us are aware the fact that there are many scams fooling and cheating people of their money under the disguise of ICOs,it would be really useful if your thoughts can be shared for all to be cautious of.
Please be kind enough to comment your ideas!
Thank you!

It's really hard to tell whether an ICO will scam you or not but there are some certain measures that you should be doing before investing in an ICO. For you to be able to know about the project you should read the whitepaper for you to understand the nature of the project whether it is realistic or not. It is also very important to know the people behind working with the project. You need to research as well of the possible affiliates that this project have to back them up for their development. Make sure that the project will also address a certain problem that most tokens or coins wasn't able to deliver for it to be useful and have value when its launched to the public and always follow your gut feeling and intuition almost all of the time it's correct when your in doubt about investing into a scammy project.
It is sure hard to tell but pretty easy as well. Any project you cannot trust the team to give your money to, or gives you that second thought instantly no matter how sweet the project sounds, then you should avoid like plague. There are just some investors who are always fond of doing trial and error just for the sake of profit and this is where they always get it all wrong. The team, the project and all that encompasses it should not be left out and the main one being the team.
3823  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: HOW TO INCREASE BOUNTY EARNINGS on: May 08, 2018, 06:52:52 AM
Very well said, bountyhive is where I started my hunting and so far it's been smooth and stress-free. It has participant limitations for all its social media campaigns, the translation and signature am trying to work on.
The signature campaigns are usually the hot cakes on the platform and the social media campaign are just there. However, with the social media campaign, it is always easy to go about it since you are not reporting anything and you will only have to stick with the rules which at the end, you get a quick payment once the campaign ends. If you want to spot the campaign that would give you something pretty good, it is better you go to the platform yourself to check that out as there are lots of them.
3824  Economy / Economics / Re: Will Crypto currencies make local currencies disappear? on: May 08, 2018, 04:48:19 AM
Competition between local currencies Vs crypto currencies are in peak now. Crypto currencies have occupied currency market causing local currencies enforce (banks) banning of crypto currencies. We can see number of investors have turned towards to bitcoin and other crypto currencies with large scale. Will there be a chance / time bitcoin and other crypto currencies rule over currency market and local currencies get disappear slowly in a decade or two?
It is impossible for a country to disappear their fiat currency, apart from that cryptocurrency is just an asset and not a physical currency that can be used directly to transact in real life. Although bitcoin will likely be big in the future, but fiat will remain the main currency.
When some keep saying that in decades we can get to see fiats being thrown to the garbage, I just laugh at how much they can so dream about things that are not possible and realistic. Firstly, government will not even allow this and secondly, the cryptocurrency market will just be another regulated environment with opportunities and nothing more.

Considering the fact that it is internet based, we also have to understand that some will be restricted in a way and will still end up being stuck to fiat.
3825  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Quit your job to promote bounty campaigns fulltime: unrealistic???? on: May 07, 2018, 08:11:40 PM
Last night I had a discussion with a friend if it's possible to quit your job and make a fulltime living of promoting bounty campaigns.
My friend thought you need to promote a lot of bounties at the same time (100 per week), to compensate for the
uncertain number of bounties that will never to lead to any income (coin cannot get listed, withdrawal fees of exchange is too high, scam, etc.).

So the question is: do you agree with this statement?

well, you need to be lucky. Because many bounties are fake. I wouldn't quit the job just to do bounty, but it can be good source of additional income, especially if you're not making too much money in your current job.
It is actually a very ridiculous thing to do to think that one can drop a job for bounty. That would be like the worst mistake anyone would ever do. This is a space where no one knows the future and even if we do, a lot of things can still change which could warrant bounty hunters not making as much as before and even if this is still possible, I see ICO bounty as an investment and a long term which would not give anyone something regular, so as far as I am concerned, it won't work.
3826  Economy / Marketplace / Re: Cryptocurrency market to suffer from strong correction on: May 07, 2018, 04:59:56 PM
Bitcoin and other cryptocurrencies will collapse by 90% within the next 12 months, analysts predict, but those coins that survive this correction are expected to grow tremendously.

On 7 May, US financial regulators, the US Commission on Futures Trading (CFTC) and the Securities and Exchange Commission (SEC), will hold a meeting at which they will discuss, whether Ethereum tokens should be classified as securities.

Source: http://www.coinfox.info/news/9391-forecast-cryptocurrency-market-to-suffer-from-strong-correction
Another FUD. Who really cares anyway since the whole cryptocurrency market is not subjected to US alone and I wonder why that should be a cause for concern as to the main reason why that would be a huge collapse for the cryptocurrency market.

It is just absurd to think that everything will turn upside down over night. Moreover, what is there to gain except raising FUDs on how the market is going to be collapsing by 90% which is not like we have not heard it before and not like you can predict the future.
3827  Alternate cryptocurrencies / Altcoin Discussion / Re: How to hold coins in 2018 on: May 07, 2018, 03:52:36 PM
     For,i will hold my coins until end of 2018,because in my own views bitcoin too much increase during every last month of the year. I also buy ethereum,and ibhave also some dogecoin in my wallet. I'll just keep it safe and waiting the day it increase more which i can earn a lot of profit without doing anything just holding for long term.
For those who took the advantage of buying any of the coins at dips now, I am sure they must already be in profit which is always one of the first ways to start holding coins at the beginning of the year. I do not believe there is any coin that does not have growth potential which is one of the reasons I believe there would still be possibility of much profit, but the thing is to know how long to keep holding or when to be out of it as they will always have their season with the bulls as well as with the bears and that is one thing we cannot take out.
3828  Economy / Trading Discussion / Re: Today $150 loss from storm coin in binance , now what i will do? please help on: May 07, 2018, 03:21:23 PM
Coins go up and down all the time. Never heard of storm so can't give any advice there. Take a look at the trading volumes and compare the number of buyers and sellers. If buy numbers are low then get out and switch to another coin. Also check the road map to see if there is anything that will raise the demand in the near future
That is just one basic fact and most times, some people think they are buying low when a market is correcting and then they see further low only to get confused and not know what to do.

Best thing is to always be very careful in this market and to always have a strategy in place so as not to end up being a victim of losses which I am sure he is getting emotional all about and the last thing any trader want to do is get emotional at times like this which is something that is obvious for someone without proper trading knowledge.
3829  Alternate cryptocurrencies / Speculation (Altcoins) / Re: NOW GOOD INVESMENT on: May 06, 2018, 02:08:21 PM
ETH has raised the price for a few days now, but will the ETH lower the price again as it did last month, whether to invest our money now is the time, or I will wait for the Right Time, or we just wait for the price to fall again, which I fear after I buy now, the price will drop faster as happened last month, if XRP I prefer to invest in ETH.
Indeed Ethereum is on the move but it is able to do this just because of bitcoin. Bitcoin started to make recovery in April and this helped the whole digital market to go green from red finally. I can bet in this, if bitcoin stops even now, Ethereum won’t go forward too much.

The top priority should be bitcoin and this is the last chance for becoming a part of its community. Ethereum comes next to it. There could be some other coins in your lists as many other people here but investing into bitcoin and eth kind of highly reputed and established coins makes our investment somewhat risk-free.
3830  Economy / Economics / Re: How will crypto go long term? on: May 06, 2018, 11:45:08 AM
I am fairly new to the crypto world. During my short time, I have contemplated how crypto will go down over the next few years.

Slowly, over time more regulations will be adopted worldwide. This is not because regulators are scared that people are getting scammed, but because they will start limiting this world from us small fish so the banks and "qualified" investors can tke over. All the large banks will then push their own crypto, and we will be left with nothing.

In my opinion, it is in our best interest to gain enough profit so we will have the funds to become qualified investors, and be able to re-enter the markets through the banks exchanges.

What does everyone else think? Do you think the big fish will continue allowing us to do trading long term, or are our days numbered?

I think that the big fish(banks,corporations,big crypto whales) will always need small fish like us,so they could increase their profits by manipulating the markets.All the newbies,who invested their small savings into crypto just don`t know how to trade and they just follow the crowd.When the prices crash,they just start panic selling and the "big fish" make big profits.I assume that 1 of every 100 traders/investors,can succeed and become a "qualified investor",like you said.All the other 99 just fail.The market just produces more inequality.
Obviously, without the small fishes, most especially the ones that really do not know much about how to trade the market, they will always utilize that opportunity to make more as that is exactly what we are seeing now anyway. Those who panic today are going to regret it tomorrow obviously and as long as they keep selling at loss to these big players, they will keep doing their thing until the market keeps getting stronger and increasing in value to their own gain in the long term.
3831  Economy / Trading Discussion / Re: How ethical is it? on: May 05, 2018, 01:43:04 PM
Money are money, also the Zclassic is a dead project, but it pumped the 600% in the last two weeks, maybe this coin will die, maybe will find a new team able to keep it up.
That means there is a huge request of this coin, so some people are buying also if they haven't the certainty that this coin will survive.

The market is the market, let the buyers buy, just if they ask you something about the coin, don't lie at all to them.
The explanation the OP gave is not really clear. Where was he trying to sell the coin and who is asking for them ?

Firstly, I am sure anyone who is even asking should be aware of the coin they are buying and if it is on an exchange, and someone is bidding for it, I do not see anything unethical there actually since it is an open market, but in the process of trying to deceive people that it is a real coin, whereas it is a dead one with no market is where the ethics come in.
3832  Economy / Trading Discussion / Re: Mistakes when trade coin on: May 05, 2018, 10:37:59 AM
The main mistake of most newcomers is selling on the drawdown of bitcoin. The main thing is to wait for the right moment, the market is cyclical.
They would never make that mistake of buying at the peak when they are learned but since most traders today always skip that part and they are always in a rush to make money which is the idea they got about trading rather than holding, then they flop badly and end up losing all, only to come crying and telling us how trading is worse. One will never do well in any profession as long as the person is not skillful. Trading is a profession and until people realize that, they will never stop making silly mistakes when trading.

As for me, the biggest mistake is trying to find easiest and fastest ways to gain profits, that may be crucial.
If you are good in finding easier and fastest way to make profits by buying and selling any coins then there could not be any mistake in your way of trading. It is not possible for all the times but time to time you may get such chances to make use of them.
3833  Economy / Trading Discussion / Re: Trader or Gamblers. on: May 04, 2018, 05:15:06 PM
gambling is full of uncertainty, and surely you will get more defeat than a victory because fully gambling depends on luck. so I prefer trading, in trading, there is no loss if you can patiently hold it because in the end, the coin will bounce back.
If you have no fear of losing of your money and that you want to waste your money without getting any positive results, then you can go for gambling. Otherwise, there is nothing good which gambling can do for you and that you will only lose your money. It is better to learn the things first and then step into trading as this will help you in having a better chance of making some good earning.
Fear losses are common for both gambling and trading. But the chances of losses is significantly less with trading against gambling. Learning will help anyone to eliminate unexpected losses from trading whereas in gambling, your experience nor knowledge will not help to eliminate the losses.

I have not seen a gambler who would come out to say they have benefited a lot from gambling and even if there is any, it is just not a consistent thing since it is never a work, neither is it an investment for profit making. Gambling is a game and one thing that makes trading different is that even though you are making predictions, the sure thing here is that, with knowledge you always know what to do every time and you do it well to earn not by playing game.

3834  Economy / Trading Discussion / Re: MARGIN - Yes or NO on: May 04, 2018, 10:43:50 AM
If you like seeing your funds either increasing or seeing it at least there without anything affecting it, I would suggest to stay away from marginal trading. The thing is with margin, you will need a lot of experience and you will be better off using other platforms to do normal trading than trying to make use of marginal trading platforms and betting based on leverage. The market is extremely volatile and one thing with margin is if you get too greedy you can actually get scooped out in a second.

Perhaps trading with margin is profitable when you see a stable growth of a coin and trade in a short. That is, it is trading on short time intervals. But, there are cases he himself observed - a very sharp drop in the rate, even on coins from the top 10.
Stable growth is something which could NOT be observed easily by all the traders. But, margin trading for short period of time may work if we are capable of squaring off before any big fluctuations.
3835  Economy / Trading Discussion / Re: How I handle crypto regret on: May 03, 2018, 09:14:51 AM
The best thing is to just try to move on
Yeah, moving on is always the best way to just clear your mind from some of the things that happened already. Feelings of regret always come from the aspect where we wish we could have done things better and since that is the case, we should always try to do it better next time as there could actually be another opportunity and the worst part is to ever make the same mistakes twice.

Therefore it is ideal to always try as much as possible to learn from the first one and make the next one better. Handling cryptos is easier for those who are having sufficient knowledge about various cryptocurrencies. But we must agree everyone here starts as a newbie, so learning must be a part of handling cryptos.
3836  Economy / Economics / Re: How to manage the risk in investing cryptocurrency? on: May 03, 2018, 05:28:05 AM
The risk in the virtual currency market is the risk of losing some or all of its capital when the investor performs the investment or virtual currency transaction. Identify the risks before conducting a transaction, helping them to know the specific loss rate in each case of investment will be how to, minimum and maximum how to decide the scale of investment, the first time investment, time of investment completion, and other relevant factors.

If you are interested of making investment in crypto currency and your knowledge is not yet enough or strong as others do, I think you should first go on long term investment like btc and eth. This two is good to buy but more likely advisable while at the lower price so that you can minuter you attitude everytime you see yourself the way it react on the fluctuation.while this actual give time to explore yourself in altcoin there is no best teacher aside with your own here the way you understand the others info.
There are even two ways about it; it is either someone is knowledgeable to understand the volatility and still ready to hold for the long term without bothering what is happening with the market or the person is knowledgeable enough to learn how to trade to be able to utilize the market fluctuations to their advantage. All these things are very important for anyone who is in the cryptocurrency world.

Managing risk should be done with wisdom and not foolishly. To manage our investments on various cryptos against risks must need long experience and and dedicated knowledge which cannot be possible from day one. But, making use of this forum will definitely guide anyone to be a veteran investor overtime for sure.
3837  Economy / Economics / Re: Bitcoin Bloodbath to End on: May 02, 2018, 08:01:31 PM
Maybe a new round of blood washing is going on!

The flaw in the ETH wallet affects the entire digital cryptocurrency market!

People have a new round of panic selling!
You guys simply always like to push things on everything that you see. Nothing is affecting the market right now than a normal correction and the flaw in the ETH wallet had nothing to do with that. People like you always look for every single thing to FUD up and attribute to everything.

What we see is normal and this is normal trading going on and if you cannot understand that the market cannot just keep going on without some retrace, then I wonder what else I will tell you that you will understand.
3838  Economy / Economics / Re: Cryptocurrency Market Could Hit $1 Trillion This Year on: May 02, 2018, 05:55:38 AM
"Cryptocurrency market could hit $1 trillion this year with bitcoin surging to $50,000, experts say"
Hopefully, it will come true!!!

I am believe on that prediction. Cryptocurrency market already growing very fast and no wonder if cryptomarket cap will reaching $1 trillions on this years. Beside bitcoin, altcoin can increase overall market cap because many investor looking on altcoin too
Actually, only time would tell and whatever would happen as it is, would surely depend on how things get to happen in the period of this few years. Surging to $50000 is not something I would expect much this year though, but really, who knows? We have seen how the market has behaved in the past but from the deep correction that we had, which no one is obviously sure if we are even done or not, one may say, chances of seeing that happening is really not that bright yet.

This year is actually a very long one and anything can still happen, however, it does not look like something we can get to see happen at all this year. A lot of fundamentals can change the situation of things pretty fast, but at the same time, looking at how the market would take some days before moving on, we may not get to see a bull run that would eventually lead to that this year.
3839  Alternate cryptocurrencies / Altcoin Discussion / Re: What are you using ETH for? on: May 01, 2018, 07:08:18 PM
What have you been using your ETH for?

For trading
To buy ICO
For long term investment
Other - explain
Tradings usually. Because all of my ETH comes from bounty campaigns that I trade with my etherdelta.

I didnt try to invest at ICO's using ETH because I only have small amount of it.,5
5 is not actually a small amount if you have been using it to trade you should have even been able to double that up with the past situation of the market. I also use mine for trading and for payment of fees anyway, while majority is for long term investment as I get to put in some of my trading profit for the long term hold.

I guess this is the main reason why anyone should be making use of Ethereum except for those who are into ICO investment which I would rather stick to bounties which is good enough for me anyway.
3840  Alternate cryptocurrencies / Altcoin Discussion / Re: Why is the market red on: May 01, 2018, 05:45:25 PM
The reason is news about hacks. This blames stability and safeness of crypto.
Please guys, stop blaming everything on news.
However, I am not surprised since that is the only thing those who are ignorant about the market always use something to at least explain how the market is moving.

Even before the hack, most traders already targeted a pull back at the point where the market started correcting which I did not even expect it to get to that point anyway but it did, but this was imminent in an overbought market and you guys should at least get used to that fact, but I guess only someone who has a little idea about trading will obviously get that.
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