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41  Alternate cryptocurrencies / Altcoin Discussion / Re: IEO vs ICO my opinion, tell me yours on: January 11, 2020, 02:55:12 AM
ICO is never coming back no matter how much you hoped for it to, any new project that tries to use ICO to raise fund will be generally disappointed because they won't get near softcap at all, for IEO it's been said hundreds of time already to stay with Top exchanges
I think that during the next months or years we are going to begin to see a lack of interest in investing in ieos as well because even if you decide to invest in the ieos that are taking place in exchanges with very good reputations that doesn't really mean that you're going to get profits with those projects.

And profits are what every single investor in this market wants to get and since it is impossible to give them a guarantee that they are going to get those profits and with the high failure rate of ieos then the interest to invest in those projects is going to decrease significantly.
42  Alternate cryptocurrencies / Speculation (Altcoins) / Re: WHAT HAPPENS IF BTC TOUCHES 100K ? on: January 11, 2020, 02:27:48 AM
If btc manage to touch $100k then how lucky those btc hodlers are.  But i think it wont happen cause if btc reach $20k many will sell thier btc and  thats the time bitcoin price will drop again,.
That has not happened yet but it is going to be incredibly interesting, because I think bitcoin is going to have a lot of problems surpassing 20,000 dollars precisely because a lot of people are going to believe that the price is going to go down as it touches that level.

But if bitcoin is capable of breaking away from that price then we're going to see one of the most spectacular bull runs not only in this market but probably in the history of all the financial markets because at that point we'll begin to see all kind of crazy predictions about bitcoin once again and anyone holding bitcoin at that point will most likely change his life forever for the better.
43  Alternate cryptocurrencies / Altcoin Discussion / Re: Why would you sell an altcoin right at the very bottom on: January 11, 2020, 02:10:52 AM
There is a price cycle in the market. This is a cruel market for novices. You buy at a high price and you sell at a low price. If you don't want to do this, you need to do some good research and improve yourself. Altcoins are subject to much speculation.
This is something that most newbies never really consider because they do not take the time to study the markets.

Most of those that bought a lot of altcoins were relatively new to this market and they did it when the whole market was in the middle of a bull run and since the day that the bull market has been over more than two years have passed and there is still no evidence that supports the idea of a recovery in the market of altcoins and as such most newbies are selling their coins in complete disappointment.
44  Bitcoin / Bitcoin Discussion / Re: If Bitcoin is a get rich quick scheme, then fiat is a get poor slow scheme on: January 10, 2020, 05:14:48 AM
Neither of these two it's true. You will not get rich with Bitcoin over night and fiat money will not make you poor if you don't make foolish things.
You probably don't know how to handle not Bitcoin nor fiat money so such claims don't reflect reality. But since almost children are also posting here on forum I would say this might be the case here so I will say such attitude is result of lack of life experience.
While it is true you will need to make lots of mistakes to lose your wealth, there is almost no financial education being given at school or at home and many people make those mistakes.

They take loans they cannot afford to pay, they take loans for stuff they do not even need, they choose a career path without any future and with a very low pay, they do not invest for their future, they save in fiat which is losing value every single day, I could continue but you get the point.
45  Economy / Speculation / Re: The Trend for 2020. on: January 10, 2020, 04:28:54 AM
It does take a while before the price could actually take off, everyone considers halving as something that will increase the price of bitcoin but between July 2016 when the last halving happened to April of 2017 (10 months) nothing changed, price moved from 700's to 900's or so, that was the all increase there could be.

After that there was a bitcoin cash deal where if you hold bitcoin you would get free bitcoin cash as well which increased the price of bitcoin a lot and people assumed it might be due to halving maybe, after that there was the 2017 December peak of 20k. So, it took over a year to increase and over 1.5 years to increase to all time high. That is why I think 2021 will be more fun than 2020 if the similar stuff happens again.
I think the same but this opens the question about what it is going to happen during this year? Are we going to see stable year in which nothing happens? Or are we going to watch a year in which investors switch their attention from bitcoin to altcoins to try to make money?

Or is this going to be a negative year for bitcoin and it is better to watch from the sidelines? Or this is going to be yet another positive year for bitcoin which will basically mean that the year of 2021 is going to be spectacular.
46  Alternate cryptocurrencies / Speculation (Altcoins) / Re: HODL HODL portfolio on: January 10, 2020, 03:44:38 AM
No, ieos, icos or whatever they call themselves in the future are the fastest ways to lose your money, I know that if you are lucky you are going to make a lot of money, but what are the chances you are going to be one of those that get profits?

And those chances are very low, just look at the market and see how most of the coins are scams and how only 5% of the traders get any profits, so do not invest in those coins and only invest in bitcoin and maybe in ethereum as well.
You are too hypocritical to say that ICO and IEO are bad and lead to fraud and loss. those who do ICO or IEO are new projects. need time to develop and compete in the market. there is nothing wrong if a new project has difficulty in overcoming the market because their community is not yet very strong. don't compare with bitcoin and ethereum. even bitcoin and ethereum have also experienced difficult times like most of the new coins that are present in the market. they are not necessarily present in a big situation.
You are right I should not compare bitcoin to those awful coins that try to convince people that they need tens of millions of dollars just to develop a buggy wallet that will not work most of the time and their coin is nothing more but a copy of another failed project.

Bitcoin never went through an ico and it has been the best investment option in the world since it was created, icos and ieos are terrible investments and for 95% of investors they are going to lead to huge losses.
47  Economy / Economics / Re: Countries testing digital assets in 2020 on: January 10, 2020, 03:16:38 AM
This reaction is not as incomprehensible as it may seem, in one hand governments are excited at the development of any new industry because this always mean more taxes for them, but bitcoin is a unique technology created with the intention of helping the people and not them.

So they are confused, they can see the potential of cryptocurrencies but they can also see the danger and as such their posture concerning cryptocurrencies and their future changes constantly.
I agree. they are still looking for favorable loopholes for the state, so in the end freedom is restricted. but I think it would be better than crypto not legalized by the government, so that it would interfere with its development. no doubt that the government will have an important role in mass adoption


It is not a good idea for governments to ban cryptocurrencies because then people are going to keep using them and they will not pay any taxes, it is better for the government to try to regulate it, but how do you regulate something which was created to resist those attempts?

As you say they are still trying to find a way to get their way and restrict our freedom but that is only possible now that fiat is strong if at some moment it gets weaker we could use bitcoin to buy stuff directly and at that point they will not be able to stop it.
48  Alternate cryptocurrencies / Altcoin Discussion / Re: Teach me how to fish on: January 09, 2020, 05:40:18 AM
You are not going to get what you seek for because no one will open up or give out their real trading strategy, even family friends failed to disclose such info, trading is like a lost island where you need to find your own way if you ever want to leave
That's right, and I think that's a natural thing, because everyone who trades certainly has their own concept and they also want to seek profit personally, so it's natural that they won't give everyone the strategies they use.
And even if anyone was willing to share their strategy this does not mean that you will be able to follow it and make money with it, in my research I have found many methods that different traders use to make money in the markets but even if I could make money with them some styles simply do not fit my personality.

So I decided to create my own strategy and I have been getting good results with it but since it has taken me so much effort to device my strategy then it is obvious I do not share it with anyone.
49  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you think 40% bonus is too much for early Investors? on: January 09, 2020, 05:13:55 AM
In some cases where a token price crashes soon after listing on the Exchange, the blames has over time been attributed to the bounty hunters and sometimes to early investors that received certain bonuses.

Do you think 40% bonus for early investors is too much and capable of crashing token price?

I think giving out 40% is one of the marketing strategy of the project producer to certainly attract early potential investors to start up launching their project. I think it is just fair enough to give such bonus although it is quite big bonus that can cause to crash the token price as soon as the token have been listed on an exchange because surely early investors are just up into the profit of their investments and not certainly into the token itself which makes them to trade those bonus in terms of token at any price rate causing the dumping of the token's price value in the market causing bounty hunters to suffer because of this dumping. I think project creators must think of another way to give credentials to early investors rather than giving them incentives of 40% token bonus which they will just surely dump once the token have been listed. To avoid such, just think of another way to attract potential investors in a way that token price value will not be at stake. Surely there are lots of possible ways to give credits for potential early investors.
But they have nothing to offer to investors and they know it, if the project was really good then they will not have any need to give those bonuses since being invested in that coin for a low price will be good enough but since that is not the case they look for other ways to promote their coin among big investors.

And the only way they have found to attract investors is to give them a huge bonus, and even if they know this will crash the price in the future they do not really care since they got their profits already in the form of bitcoin and ethereum.
50  Economy / Economics / Re: Crypto Taxation on: January 09, 2020, 04:53:30 AM
That is the nature of governments, as long as you are getting some profits of whatever you are doing they want a cut, believe me they would like to make cryptocurrencies illegal but what argument can they use? In the case of drugs they can argue it is bad for your health and they want to protect you but they cannot use that argument against cryptocurrencies.

As such they are trying to slow it down and one perfect way to do this is by taxation, they will impose all kind of laws and contradictory regulations so companies refuse to deal with it and the rest have to pay huge taxes to them.


Your views like this that increasingly make the government think that bitcoin/cryptocurrency can be used as a tool to avoid or violate government regulations. Come on, if you want the cryptocurrency world to be more advanced, synergy with the government is needed not to eliminate the decentralized nature of bitcoin but rather to become

One citizen like you demands the government to provide employment, improve education and health facilities, and create a safe and crime-free environment. But when the government asks for your contribution to the country, you refuse on the grounds as if the state wants to rob your property.

I am sure that if the government knows the tax potential of cryptocurrency/bitcoin, many state officials will rethink to legalize bitcoin. If it is legalized, the state will create an instrument of monitoring (not controlling) cryptocurrency transactions. The ultimate goal is to increase foreign exchange.
I did not made the argument that paying your taxes is bad, my argument is that governments will use taxation as a weapon against cryptocurrencies, in many countries governments want to obtain taxes out of cryptocurrencies and that is acceptable but they do not want to give a clear legal framework in which people and different businesses can operate.

This is intentional, they do not want you to feel secure when you use cryptocurrencies, also it is obvious who is the one that does not want cryptocurrencies be part of the regular economy when all kind of obstacles are put forward so you cannot cash out your coins.
51  Economy / Economics / Re: Bitcoin becoming a safehaven currency in Argentina on: January 09, 2020, 04:13:07 AM
Without a doubt, when a country has economic and inflation problems, there is an increase in demand, in this case Bitcoin is the protagonist, a large percentage may increase due to the great fear of people to protect their money due to an imminent fall in the economy local, based on this, market speculation grows, in this article they explain what happened in Argentina: Bitcoin Sees 4% Premium in Argentina as Peso Plummets 30%, a similar case is what is happening in Iran today, as demand has grown a lot and Bitcoin is in order of the $ 24k , Bitcoin Selling for $24,000 per BTC in Iran as US Tensions Escalate, it is an effect that generates panic.
While it is a slow process we are slowly seeing the economies of the world showing more and more problems and people are not going to stand and see how they lose everything they have worked so hard be destroyed by the policies of a few politicians and bankers.

They will do what they can to thrive in those conditions and if that means adopting a currency like bitcoin they will do it, I am sure governments are not happy but there is not much they can do against a decentralized currency.,
52  Economy / Speculation / Re: $9k next week on: January 09, 2020, 03:36:59 AM
I'd be perfectly happy if it just stayed in the 8000s rest of this month and didn't fall back to 7000s.

Why? You are not happy for the current growth where the bitcoins price is slowly climbing? Are you afraid of something or? Maybe you should see on what is happening around and the current war is giving a good impact to the price of crypto and maybe we can see it pumping for more an reach the 5 digit figures and there's a halving coming and this will be the major good indicator that we will not see any dump.
If you are referring about the conflict between the US and Iran it seems that both countries have decided they do not want to go to war after all, and that is the right decision, and if that is the reason for the increase in the price we saw then it makes sense the price is now decreasing.

Besides I get that most people want to see the market growing as fast as possible but we also need periods of stability that give us the chance to buy bitcoin for a good price for some time.
53  Alternate cryptocurrencies / Altcoin Discussion / Re: What is for you scam project and what is for you good project? on: January 08, 2020, 03:38:31 AM
Guys we are talking a lot of times about "this project is scam" or "this project is amazing and soon moon" but sometimes scam project making a lot of x but amazing project making -90%. So what is for you good project? Which team and project is fake but making xx or team and project real but price making -90% and we should hold?



You are talking about one of the most insidious problems in the market, for many investors as long as they get profits then the project is not a scam and if they lose money then the project is indeed a scam but that is not my point of view.

To me a project is a scam when the developers have no intention of fulfilling their promises to their investors regardless of whether or not you gain money, and to me a project is legitimate when the developers do everything they can to reach the goals they set for themselves even when they fail.
54  Alternate cryptocurrencies / Speculation (Altcoins) / Re: xrp to 28$ on: January 08, 2020, 03:17:11 AM
hello everyone I see that much of traders company and wheels speak about xrp that could hit 28$ I would like to know what do you think about is this possible ?
Just for fun I would like to hear why someone thinks that XRP can reach such a massive price, many think that just because the price of a coin is low then it is somewhat cheap but XRP has a circulating supply of 43 billions coins which is huge compared to the current supply of bitcoin of 18 millions coins.

XRP has no chance of reaching that price during the next decades and it is even possible it disappears before that happens so do not get your hopes up for such unrealistic price.
55  Economy / Speculation / Re: When is the perfect time to sell BTC? on: January 08, 2020, 02:36:38 AM
When you think you gained enough profit then it’s time to sell. Since price cannot be predicted when it can increase you have to decide at what price is your goal to sell. Perfecting timing is when you see you are earning already. So setting goal could also help before you invest in bitcoin.
But many investor always greed when they have get enough profit butt keep holding until bitcoin back to lower price, when we feel enough and reach with selling target I think will sell my bitcoin investing although have higher price later, keep safety my investment is most important although raised with my profit target and keep doing the same with altcoin investing.
And it is because of this reason I do not like to base my decisions on my feelings, as traders we are always going to want to make more money if we did not had that desire then we will not be interested in investing in any market.

And this still leaves the question open, how to know when to sell and for the most part I let the market tell me what to do, if it begins to go down there is no point for my to keep holding a position that is already profitable and I will sell my coins.
56  Economy / Economics / Re: Big risk ,big results. on: January 08, 2020, 01:58:02 AM
As the thread name says - big risks, big results and vice versa.
We are heading towards era of lowering risks
There won't be any 300000% of profit like it was with btc before
And this is a reality that most do not want to acknowledge, most of those investing in icos are doing it because they want to obtain 100x profits or something similar like that, but I think for the most part those days are over, we may see one coin doing that once in a while but it is not going to be as common as it was years ago.

So we need to adjust and change our approach to the market, last year bitcoin gave 100% profits which is great, if during this year it did the same and you used all the capital you used during the last year you will not get 100% in profits but 300% and that is not a small profit at all.
57  Alternate cryptocurrencies / Speculation (Altcoins) / Re: fundraising question on: January 08, 2020, 01:25:42 AM

Every project is basically a start up company, they need to have an idea, the team to develop that idea and to find a way to present that idea to investors. Money is needed for everything, for the equipment, marketing, salaries, offices, all sort of workers, if there's no money enough project will fail at some point. Professionals or not, team members need to give their best on all fields if they wish to be successful one day.

ICO gives small investors a chance to invest in their idea and with that, there's always a risk and we call it a high risk kind of investing.
If we like big companies which has a better chance of success, then our chance to invest is also low because they already have private investors who are willing to fund them.

That's the reality, we need to gamble on a riskier way just to invest because we are just small investors.
Just because you have a small capital that does not mean you need to take greater risks, that is a decision you are taking by yourself because you want to obtain a lot of profits in the markets, it is true that if you invested in bitcoin you will not get as many profits as if you invested in an ico.

But in the case of bitcoin as long as you are willing to hold your coins for the long term the risk is very low and most likely you will see profits much better than what you could see in other markets .
58  Alternate cryptocurrencies / Altcoin Discussion / Re: Are ICOs really DEAD or simply cleared a path for better projects? on: January 07, 2020, 03:19:13 AM
Perhaps we can say the ICOs is dead, but we won't know if the ICOs will be able to rise again in the future. But indeed, the ICOs has suffered to meet the investor right now, and perhaps they are still trying to survive at the moment. But perhaps the situation will be better in the future for the ICOs, so the ICOs will be able to return in the future and give the investor the profit.
It depends on what you think when people say that icos are dead, if people think that icos are going to disappear and we are never going to see them being somewhat successful in the future then they are wrong.

But if people are expecting that we are going to see something similar to what happened in 2017 in which it seemed that everyone was involved in icos and we saw an incredible growth in that market then we may say that icos are really dead because we are never going to see that again.
59  Alternate cryptocurrencies / Altcoin Discussion / Re: IEO vs ICO my opinion, tell me yours on: January 07, 2020, 02:58:46 AM
Greed was the main reason of ico downfall, most of the project team became very greedy because of the way people where putting money in ico especially in 2017, scammers took advantage of this and ruined it for the few good projects out there, many got burnt on the process and tag ico as bad,

ieo on the other hand looks a bit more secure than ico even though the end result is not that different from that of ico only that it is more secure, ieo are more favorable to the exchange than others.
While there are some small differences between ieos and icos at this point it does not matter, I only care about one thing, what it is the failure rate of each one of them and how do they compare? And in that case you are not going you find a big difference, and then I ask myself then why invest in any of those projects that go through icos or ieos?

And personally the more I think about it the less sense it makes which is why long ago I decided that I will never put my money in one of those projects again no matter how good and honest the developers claimed to be.
60  Alternate cryptocurrencies / Altcoin Discussion / Re: Scammers are smart as well. on: January 07, 2020, 02:32:24 AM
No one is immune from scam. This market brings good money, so there are whole attack groups that organize global fraudulent schemes. If you are investing in a new project, be prepared for the fact that you can be left without your investment.

But why bother with new projects? I understand the potential profits they may bring but right now very few investors are concentrating in those projects so there is almost no profit to be had, just look at what bitcoin is doing now if you were to day trade bitcoin you could have earned 5% during the last days.

Which may not seem like much but you will only need a few days like that every month to double your capital without taking a huge risk, but somehow many investors do not seem to understand this.
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