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3941  Alternate cryptocurrencies / Altcoin Discussion / Re: Will some Altcoins not last past the next high ? on: August 07, 2019, 03:30:37 PM
Lets be honest , there are so many Altcoins only a few will survive. The difficult part is figuring out which ones. Even if a coin doesn't survive , you may still be able to trade it profitably until the next high. However , which are the safest bets to HODL ?

I made a video to discuss :https://youtu.be/7LWQcqP5ASQ
For now, I only invest in altcoins that are below top 50 based on hope and believe but not on assurance, most projects that we have now are becoming very non-serious with the projects. Most of the ones I even have in my portfolio right now which I got from bounty campaigns, I do not know their future also, others that came through IEO that would have given one a peace of mind, I am not able to participate in them.

So, I think the only coins that I have right now that I am sure of their future growth is BNB, LTC, BTC, EOS, ADA, STEALLAR and some few other top altcoins that are within the top 50 in the coinmarketcap site.  New projects are even a no go area right now, as many of them are not able to successfully compete with thee already existing ones as they claim.
3942  Alternate cryptocurrencies / Altcoin Discussion / Re: Should I invest in XRP? on: August 06, 2019, 12:10:47 PM
I just found an article and here it is,

https://www.forbes.com/sites/panosmourdoukoutas/2018/03/07/ripple-could-be-the-next-bitcoin/#4dc2e64c5b39

Can anyone confirm it is helpful or is it wise to trade with XRP?
Putting money in xrp is just like you saving your money on tether without expecting any profit in return. Many people are judging it by its previous rise which was the same way many other coin rose as a result of bull run of all altcoins, so bitcoin can only increase through bull run, and you know that, most bull run value does not always last in the market and I even don’t a little if the bull run of this year will affect xrp.

If you see many people taking of ripple and advising people to invest in it is just because they already made a mistake of investing in it, and what would you expect from them rather than for them to just continue to promote the coin so it can witness growth for their investment to be able to yield result and not because it as much use case.
3943  Economy / Speculation / Re: Bitcoin Price Could Surpass $15,000 This Week: Max Keiser on: August 06, 2019, 07:43:20 AM
Well, the recent up-surge was long due because it had become stagnant for too long since it recorded the last new high of $13800, the correction has been lot and I believe that any moment from now, the market should be strong again to test back $13k, from there, we will know if there is going to be another correction that will force it down again or continue to make it surge.

For now, we better still be watching and see if this currency value will be able to be sustained and pull more investors that will make it surge further to break further barrier that will make it possible for us to see some of those price predictions of yours, but what I am very optimistic about is that before the end of the year, it is possible to see it stabilize on $15k before we may witness another big bull run.
3944  Economy / Speculation / Re: Calm down. on: August 06, 2019, 06:56:59 AM
Calm down will be a solution for us to wait for the market to rise again and gladly, right now, we see the bitcoin market is increasing. We already break $10k although right now, the price back to the lower price but I am sure that soon, the price will break more than $10k. We can be ready for the coming, and we can prepare to sell bitcoin at a higher price again. But be careful, we still need to prevent from the down of the price that could happen in anytime.
If we need to prevent the prices from falling then we need to hold them,selling at higher price will let the bitcoin to be down and the recovery needs to happen then it what it will lead to if that process keep repeating.
Well, it is impossible to ever make people keep holding their coin, and holding it is not the main answer to bitcoin witnessing a very high value, bitcoin was never even meant to be just held in the wallet, it was because we started using it as investment alone that we always advise people to hold it in wallet.

If everyone really take bitcoin for what it was created for, naturally, people will hold it in wallet and at the same time still use it to carry out their transactions such as payment of services, salaries, and many more things that bitcoin payment may be useful for. What we need now is not just to campaign on making people hold BTC, but to campaign on enforcing people to recognize it as a payment utility for their businesses and financial transactions.
3945  Alternate cryptocurrencies / Altcoin Discussion / Re: Your money could vanish in IEOs on: August 05, 2019, 07:31:05 PM
Yes, it seems true that IEO has attracted many ICO investors today, most ICO investors are switching with them, maybe that's the best way in their view to make money quickly. but I personally think that IEO or ICO are all at high risk, before joining them I suggest making sure in advance that they are really legitimate or not and you should always be careful with that
For now, IEO seems like another money making project, all you hear is that a particular IEO had like 400x increase, 800x increase and so on but never speak of it real use case other than the one spoken of in their whitepaper. I have been following many IEOs that have been released so far through many of these exchanges especially that of low quality exchanges, and found out that none of them are being spoken of again after they had been launched on an exchange and then witness a great increase on the platform.

So after the profit, what happens next, are people who did not participate in the investment seeing other need to make use of it outside just investment, is there any user in the house that really want to use such project for anything of services and goods?
3946  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Dex exchanges are safe? on: August 05, 2019, 06:11:44 PM
I've been using dex exchanges like ddex, switcheo. They asked to connect wallet through metamask or trust wallet, I'm an android user so I'm using trust wallet to use these exchanges, i wanted to ask when we connect our wallet to a specific exchange is there any possibility to stole funds anyhow?
I have seen a complaint on this forum, someone that lost his coins on a decentralized exchange, so I am not sure of safety with decentralized exchanges but I do believe that decentralized exchanges (DEX) are more safer than making use of centralized exchanges.

With centralized exchanges there are lots odf things you will have to be dealing with, like account setup, KYC and you're also trusting your money into their hands. And you do know that the purpose of cryptocurrency is to create a payment system that will let users carry out transactions without government bodies and banks. You should check out Waves DEX, it's a partial DEX exchange, another one I regard as the top is IDEx
3947  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 2019: Which coin is the most profitable? on: August 03, 2019, 08:01:19 PM
for altcoin, I suggest to pay attention to IEO done in finance many new altcoins do IEO on the market, and the profits can reach hundreds of% of the IEO price. when asking about altcoin which is profitable, I have seen it happen several times on altcoin which is listed in binance.
Binance still takes the lead when it comes to IEO platform and when it comes to quality projects being produced through them, and we have so many people that has been interested in IEO, especially that of Binance IEO, but the challenge that we often encounter is not having the time, or having the chance to get an IEO from Binance.

It seems to be that the announcement they usually make ahead of time, is what is actually making people unable to make investment, because every time they announce of launching an IEO project, thousands of people who are interested keeps the date at hand, and thousands of those people immediately go on the platform on same said date to purchase but only few are able to because of the rush for it and because of the large quantities some whales do buy at once.
3948  Other / Archival / Re: Huawei Chinese version of Libra ? on: August 03, 2019, 07:44:59 PM
Well the CEO of Huawei is still informing people of a potential plan to integrate cryptocurrencies maybe into the Huawei mobile ecosystem or maybe into the very fabric of Chinese society. China has been capable of creating and implementing their own ideas and creations and perhaps they are also seeing the potential, I mean Chinese Big Business is seeing the potential of cryptocurrencies to get more profit for them. Well it will be a big hit in China, but I am doubtful if this will have an impact outside of their country.
No, it will not be a big hit, if china decides to create a cryptocurrency now, there is no way that they can even annoyance it to the world to use, because everyone knows their attitude toward the coins that the world actually accepted, I mean bitcoin. China has quite been against bitcoin since it was created, and only its citizens that know its value has been using it, which is why majority of miners are from there.

Their coin will just be limited to their country’s payment system alone, and I already got a hint from a mate that they are working towards having one of their own crypto too. Although we have so many people that like any business that would give them Most of profit, and if china happens to create a crypto that will serve as investment, sure many people would accept it.
3949  Economy / Economics / Re: What are the benefits of bitcoin to my country (Nigeria) economy?. on: August 03, 2019, 06:57:33 PM
There are numerous benefits of bitcoin to your country, but I am sorry to say, but your governments are too blind to this because they are more concerned about government and how to stall funds. One of the benefit of bitcoin to them is that it could crated job, look at when we talk of OTC , there are so many exchanges that could open for bitcoin transactions and they could earn commission for it like they do for some of these pay point, because I visited Nigeria(Lagos ) of recent and I saw the business being rampant.

One of the thing that is also killing the economy of Nigeria is that there are too many middle men always involved in a transaction, but with bitcoin, it could eliminate that and make transaction faster and even more secured than their traditional bank.
3950  Economy / Trading Discussion / Re: Panic selling and postpone from trading, which one is the worse one? on: August 03, 2019, 02:21:13 PM
I believe that it is up to the trader to decide what would be the best option for them. One other thing you should know is that not everyone that panic sells is selling with loss. There are people who might have invested when the price was around $3000 and then it goes up to $13000 before it starts falling, they might panic sell when it falls to $9000 and I don't see any loss in it cause they still have $6000 on top left. It all depends, everyone has their own reason and I'm not the kind of person that would panic sell when I'm at loss,  I'd rather abandon it there and wait for the price to go up again.  That's why I always mind how much I invest in this.
3951  Economy / Economics / Re: Is the Risk worth strengthening our economy ? on: August 03, 2019, 12:31:52 PM
Well, that is not only happening in India. It also happens in my country, but not the Mica case, this one is something different. There are lots of children who also suffer in my country because the government never pays attention tor the poor citizens that they governing.

Sometimes when I’m traveling I see some parents with their children in a dump area picking up waste products that they can sell to refineries just for money to feed themselves. This is very bad, cause I know that it can affect those children, especially their health. The government are meant to be providing jobs for the people, but they never do, all they are interested is in their own selfish needs and that’s all and nothing else.
3952  Economy / Marketplace / Re: Here is a list of some of the giant's industry enter Crypto recently on: August 02, 2019, 06:06:39 PM
What exactly have they contributed ? So ever since they joined ,did that make the price of cryptocurrencies to go up or was it even going down the more? So what has they been contributing ,if not to their own selfish interest? To be sincere all these people are just fighting for their own selfish interest and nothing else.

So, I am not even excited about any of these. Even Facebook that has joined recently ,I know that there is nothing else that they are joining if not for the same thing, just to make more money and nothing else. I have been seeing post that they are going to use their currency to trace where you buy things online and all that ,and then use the information they get to channel their ads properly lol. So, forget about all these things , they all jumping on crypto due to what they will gain from it and nothing else.
3953  Economy / Economics / Re: There were only 3,3% of days In Bitcoin's History That Were Not Profitable on: August 02, 2019, 04:05:23 PM
Bitcoin was the best major asset for investment. No matter if you look for the 6 months return , 1 year return, 3 year return, 5 year return or 10 year return. I hope you guys get it now. There is no better performing asset if you look at the global major assets.
I think that is exactly the message that the op is trying to pass across, it means bitcoin has hard more positive opportunity than the negative some of us do see. The fact that we did not do or assignment very well to find that opportunity does not mean it did not present itself and we can see from the analysis of the op that bitcoin has always been profitable all along.

Bitcoin is going to forever be the best investment which is reason why there should not be anyone that would ever come to the cryptocurrency market to trade or buy coin without first considering bitcoin investment first. This is the only coin that can guarantee anyone of future and stand for him or her even when all other coins has failed such user, investors or such trader of that coin.
3954  Economy / Economics / Re: On Bitcoin and old-timers on: August 02, 2019, 02:29:58 PM
People often say that because they only see the technology of bitcoin as a profit making technology, if people really understand the main purpose of bitcoin, they will understand that it is virtually for everyone, because anyone can make use of bitcoin to make payment at any time, whether rich or poor, in fact satoshi created bitcoin for the masses and not for the rich alone, because rich people have the money to make payment even if government slams very high charges on them.

The reason why people do think it is not for masses is because they feel it is expensive to purchase for trading and even when they are able to purchase, the rich big whales will still push them into panic selling the little one that is with them, but we just need to understand that the main use of cryptocurrency is for payment and not trade alone.
3955  Alternate cryptocurrencies / Altcoin Discussion / Re: Your money could vanish in IEOs on: August 02, 2019, 12:06:52 PM
This is now the new trend, every exchange wants to do ieo no matter how shitty the project is. If you are investing in any ieo, consider it a big risk. If it pays off, fine. If it doesn't, we learn.
You are right, I see that they are beginning to abuse the IEO concept of Binance and like you said, all these small unpopular exchanges wants to also get involve with IEO too when they are not ready to do due diligent like Binance. What most of those exchanges just do is to accept the project without investigating the project, and if they do that, what is then the difference between the projects being counted as ICO.

I count all the project that I see announced as IEO on all these small exchanges as scam projects because any reputable and reliable IEO will go for exchanges that are reputable too like Binance and other great exchanges that are the main actors in IEO. This is why we have to also make sure too those projects called IEO that we choose to be interested in should be from Binance.
3956  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What happened to npxs on: August 02, 2019, 11:43:46 AM
It got listed on binance and was doing pretty good then, until now. Just trading below 10sats and seems to be sitting there. What do you think about it going long term?
For the mean time, I honestly don’t know what to really say about some of this coins, because it seems majority of the coins below 100 in coin market are just sitting there too same way and looking redundant, I learnt that majority of them are waiting for the bull run of altcoins to pick up, but their development should really not just depend on the bull run. It should be totally dependent on the adoption of the project.

I feel that most of the problems found with these ICO project lies with the project directors because they are not really showcasing the project to the world for them to adopt it. We have like over 7 billion of people on earth and at least thousands of people out of it should pick interests and use them if they are really pushing it.
3957  Alternate cryptocurrencies / Altcoin Discussion / Re: IPHONE & ANDROID USERS NEEDS TO BE EXTREMELY CAREFULL on: August 01, 2019, 06:46:23 PM
I am seeing a lot of trash apps in Appstore, and I can imagine that some poor guys are depositing their coins and get scammed. Always google the name of any programme and investigate this app of its legitimacy before you download them to your device.
I think people just need to learn to be smart, with this level of development, I think people should already know they will always verify an application before installing it, even before cryptocurrency was invested, there has always been same application in the market, even in the games that we do install from the store in which some of them are just there to spy on ones pc and also there to directly scam people.

The best way to ever install and application is to go through the website directly and even when going through the website, there is also need to crosscheck the website and be sure that it is a verified one. I am sure that any genuine website will have a link to the correct application on any play store where they exist for people to download.
3958  Economy / Economics / Re: (36%) of U.S. investors would consider buying bitcoin on: August 01, 2019, 02:14:53 PM
Well, I can't blame them for that. Americans had been told for years that Bitcoin is a bubble and that investing in it is insanity. Most of them had listened to the advice of "experts" and never invested in Bitcoin, but those who decided to take risks despite the persistent cautions, have made good money along the way.

And now, when BTC after dropping from almost $20k to almost $3k has started rising again instead of going to zero, as those experts predicted, people have decided to stop believing them. Quite a logical decision, if you ask me.
Except they don’t understand the technology of bitcoin fully because if they do, I am not sure that anyone will be able to talk them out of investing in bitcoin or using it as payment system when they know that the se of bitcoin fully protects the user again anyone knowing about the transaction. So, if they really had interest in it from the onset, then they should have already invested in it long time again when they had the chance.

This figure is really good if these 36% are interested in investing in bitcoin now, it could make the price of bitcoin dramatically increase overtime, because when it comes to investing big times, Americans are good at it, they don’t invest with little money but heavy investment.So we need to encourage those 36 percent to consider bitcoin as soon as possible.
3959  Alternate cryptocurrencies / Altcoin Discussion / Re: Adoption Over Bull Run on: August 01, 2019, 06:58:00 AM
You are so much correct about this, there are so many projects right now have very sound innovative but when it still comes to adoption, adoption may not likely happen if the developer of such innovation does not go extra mile to make their project visible to world at large.

Secondly, most of these developers are also the ones that usually make people that would have adopted the coin see it as just investment instruments, so they need to start promoting more of the usefulness of the project than the money it will fetch whoever would bring money to buy the token.

The reason why we do have so much crashes in the price of cryptocurrency also is because people use it for investment rather than use it for its technology, we can only get less volatility when people makes use of their product more.
3960  Alternate cryptocurrencies / Altcoin Discussion / Re: [Actinium_scam] Be Careful this company is doing scam on: August 01, 2019, 06:22:43 AM
Crazy founder who bans everyone from telegram and discord.
Does not care about customer support.
Founder has most coins in his possession and ready to dump as soon the coin pumps.
Listed only shitty exchanges and no recent listing or update of the project
I really appreciate you for bringing the attention of people to this shady project, but unfortunately, advises like this are only useful for new and intending investors but cannot be of help to those that has already put their money into this project. Those that as already committed their money are the real victim, because the newer ones should be wise enough to do research and see all that you have pointed out now.

It really pains me that sometimes, it is a matter of taking a pain reliever after death which would not work. We really need to first fight against how they cannot even succeed in taking money from these investors before they figure out that they are scam. These guys too are beginning to gradually cut people off because they have made enough money from the scam project.
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