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4001  Alternate cryptocurrencies / Altcoin Discussion / Re: Good trading volume doesn't mean a token is good on: November 24, 2019, 11:35:47 PM
I also think that Good trading volume doesn't mean a good token. Yes, a lot of words can be explained, but I find it hard to say. Can you explain it more clearly?
You know a good trading volume can be build up by hyping the coin and that was the case for so many project in the past. the token may be just another shit token or even just a clone of some already existing token with basically the same functionality but if there's some kind factor that could make people hyped about the project for example using popular people's name to their advisor and team of developers then it could gather the attention of the crowd. But then afterward people realize that the coin is basically a shit coin in disguise and it will lost the volume and popularity afterwards.
4002  Alternate cryptocurrencies / Altcoin Discussion / Re: IEO is going to be slower ? on: November 24, 2019, 10:45:32 PM
You know people will get tired if they are getting shoved with all these IEO down their throat every week. All these platform taking a break is the best decision as of now anyway and considering that the current market is bearish if you start an IEO right now the answer will be always obvious that the project will always fail in the listing on exchange and take massive dump at the first round. It's just they are waiting for the right time in my opinion to avoid any losses because if there's a project that become a big failure they will take the blame.
4003  Economy / Economics / Re: You want to get rich, don’t pay taxes, don’t get married, don’t use bank, and... on: November 24, 2019, 10:16:05 PM
Don’t pay taxes: govt love taxes! It make them super super wealthy and make you super super poor, govt don’t care if you starve to dead tomorrow, that’s your own fault to be basement dweller, govt rather spam their tweeter with non sense China FUD.
If your in some countries where you are forced to pay tax, this just isn't possible mate - unfortunately, not everyone has the option to live in a 3rd world country where they have no infrastructure and can just avoid tax.


Finally, don’t get a job, because jobless is not a fake news, govt keep spreading fake hope that we have 0.000001% jobless rate, while many under employed staff wandering around the streets.
Alright, this is the point where I am certain you are trolling. Unemployment rates are real.
Bruh, even in 3rd world country the law enforcement to the people who avoid to pay taxes could be even worse. I've heard that lives are valueless in a 3rd world country and what the government care is just gathering the tax as much as they can and then just misuses all the tax income for stupid things. The percentage that goes for the taxes also usually just as high as 1st world country but have no infrastructure or even free healthcare whatsoever. It's literally a hellpit where you will be enslaved by the government to work and give them percentage of your earning and literally gets nothing in return while 1st world countries usually have nice infrastructure and many more.
4004  Economy / Economics / Re: The future of banking industry in blockchain on: November 24, 2019, 02:40:55 PM
Blockchain technology will make banks control their money and customers thoroughly, helping avoid losses.  The application of blockchain to banking services also increases the speed of money transfer, reduces costs and helps ensure customers' money is safe.
It's always the efficiency that matters most when it comes to business and there is also the transparency to help review the overall transaction because of the fact that blockchain always write down all the transaction since it was created until the latest block. I could definitely understand that for Bank instead of waging a war against it they adopt it. Although all these thing are still experimental in my eyes and doesn't guarantee that it will bring that real value to the Bank but we will definitely see in the future.
4005  Alternate cryptocurrencies / Altcoin Discussion / Re: Metamask hacked ? on: November 23, 2019, 11:45:32 PM
maybe you accidentally press send button when there's a request demanding for BTC maybe in the past you want to buy something with BTC? It makes zero sense to think that you just conscious of a transaction that you haven't done sending money to someone else after 22 days. Or if possible maybe there's someone close to you that knows or have access to your wallet?


Metamask is 99.9% unhackable unless it is your computer that has been compromised. You will need to be careful and do some investigation of your own. That transaction might be from you if you check well
Not true. You can get a malware that replace the address everytime you copied everything and then you can accidentally losing your cryptos or even keylog that record all your seeds.

4006  Alternate cryptocurrencies / Altcoin Discussion / Re: Are ICOs/IEOS/STOs generating funding in 2019? on: November 23, 2019, 04:12:44 PM
Are token sales pulling investment still, or is it dead?

Sources to facts and stats to support opinions would be great
According to some shared statistics if its proven truthful. some ICO's are still able to raised some money, But its just a small amount comparing before, But in IEO's those projects that listed on a well known exchange like Binance, Kucoin was able to raised much funds and sold its tokens in seconds, for me its quite impressive achievement so far. But in STO i don't think its still alive or its just not publicized form of fundraising.
The funding clearly moved to IEO it's a clear pattern people are getting tired of dealing with someone they dont even know and letting their money in the hand of someone who might turns out as such irresponsible developer anymore. Every IEO will absolutely getting listed and that make people rest easy not worrying about if the project listed to an unknown exchanges instead. the ICO that could still hold up until now is probably the best out there because getting funding from ICO is becoming a lot harder and harder because people are more cautious.
4007  Economy / Speculation / Re: What Could Make Bitcoin Drop To $5? on: November 22, 2019, 04:13:57 PM
For me to drop the price of bitcoin to 5$ or the reason for it to happen. It is the government, it can enforce it and force people to sell bitcoins to the government or otherwise confiscate it. This is the way i see bitcoin break down and its price fall. But I think this is unlikely to happen because the government is now accepting bitcoin, as well as big companies.
I mean if government forcing people to sell their bitcoin to the government isn't that adding the demands and could start the rumour that bitcoin and cryptos is starting to be accepted just because the government wanted to buy it? doesn't make sense at all. You need to remember that governments aren't officialy accepting bitcoin they always observing and didnt intervene until now but I know if they want to accept crypto they will create their own just like what china proposed because government is all about taking control over everything.
4008  Economy / Economics / Re: Financial Crisis Will Come on: November 22, 2019, 08:46:14 AM

I have happen many times in the past so it will happen once again. This time there is some an exit point which we own this time such as Bitcoin. During the past crisis, people suffer including the ones who has the money to survive. So far they all knew its going to come and right now they might prevent through  cryptocurrencies. Today we are already seeing the inclusion of crypto in the Foreign exchange market.
Well lets be real here, if there comes the financial crisis it will make all the financials sector suffer and that includes cryptocurrencies. People at that time will need money or basic needs to survive and selling crypto if they have is one of the option because many people actually consider cryptocurrencies as digital property and not currency. People at financial crisis always consider to sell things that they consider not much of a help because that's all what they can do.
4009  Economy / Economics / Re: Can online platforms like Youtube and Facebook really be decentralized? on: November 21, 2019, 11:50:11 PM
I believe it can be decentralized but the real answer is, is it effective? there are so many projects out there trying to decentralize literally everything and ended up failing because no one uses thier product. Youtube can be decentralized, but then there'll be some technical problem occur if it's p2p and a decentralized social media is already existed I believe but not that popular.
Decentralized is good indeed but not that needed in some aspect of our life, it's just like how if things become too centralized it will be bad. Youtube and facebook are alrady having a good time with their centralized nature so I guess there's no point of switching over to decentralization, they will also have a hard time to manage everything including ads if that to happen.
4010  Alternate cryptocurrencies / Altcoin Discussion / Re: Year 2020 expectations on: November 21, 2019, 11:37:46 PM
In my opinion, in 2020 will not bring any big changes.  Every year we wait and hope for the best, and maybe now it is better.  Whatever the cryptocurrency market, if there is a desire for earnings and a desire to learn and develop, everything will be fine.  No need to wait until the price soars to the moon, it can take a lot of time, and time must be used efficiently.
Well there's the news of halving that'll surely change people's view on the year and having a little hope in their mind that next year will be a good year. You must know that when the market is bullish, IEO and ICO project that will become a success is increasing aswell but when it;s bearish most of the project tend to fail. But I do agree, we are always waiting for the bullrun like there is nothing else we can do. Maybe the crypto market could atleast develop something that is really practical making the value goes higher instead becoming someone that just waiting for the right moment. Just as you said, there will always a way if we want to put some effort.
4011  Economy / Economics / Re: The Government-Backed Digital Dollar (USD) on: November 21, 2019, 04:45:46 PM
Well in asia cashless society is already a thing using digital payment that's centralized and not blockchain based but instead some financial technology company are competing to gain the biggest market share. These cryptos that are backed up government currency may become something in the future and there's no doubt that the blockchain system could be the advantage compared to any other digital payment out there although it may be centralized and as usual, the government will hold a huge portion of the total supply I guess. But who knows right?
4012  Economy / Economics / Re: Asset backed cryptocoins? on: November 20, 2019, 11:15:55 PM
when there are assets that have cryptocurrency support it is very difficult to happen because for now cryptocurrency still has no legality that can make cryptocurrency can be used for all payments in the world, so no one can provide a clear guarantee of cryptocurrency because it still does not have support from governments throughout the country.
Or we can say that bitcoin still has to be legalized by majority of the world. However, you can find examples of companies that are actually selling their products and services in exchange of bitcoin and other altcoins. It is just a matter of time before digital currencies of decentralized nature will be legalized by governments, even if they wont want to. The reason would be mass adoptions of digital coins.
What I predicted in the future is each country will issue their own digital currency with different technologies and blockchain could be one of them. I can't see the government legalize decentralized currency to be honest. Government is created with the nature of centralization and it's opposing the cryptos nature. it's just like how china created their own crypto which ofcourse will be modified and become centralized currency controlled by china aswell. It's always like that.
4013  Alternate cryptocurrencies / Altcoin Discussion / Re: Adoption of crypto in retirement savings plans growing on: November 20, 2019, 10:00:04 PM
retirement savings aim to keep earning money in old age. this should require a stable currency.
while cryptocurrency is known as a very volatile currency.
this is very dangerous because it could be in old age, crypto will lose some or all of its value
that's my concern aswell, retirement saving is not something that we can use to play but instead it's an absolute need to be able to survive in the old days and investing into volatile currency could potentially goes against ourselves. Even if the retirement savings still being used to invest into cryptos I'd suggest only small portion of it. This idea is honestly crazy, you only have 1 chance to have retirement savings and you are risking it for something frivolous like this. If it were me I don't do that.
4014  Economy / Economics / Re: Which countries have banking friendly to companies that get paid in bitcoin? on: November 20, 2019, 08:43:01 AM
I could say that you could do that in Japan, that a hundred percent sure about that since cryptocurrency is already legal to them and they are using it. Here in our country, banks and government are also nice to companies that are offering their services in exchange of bitcoin, fiat, and other cryptocurrencies, maybe you just got to provide all the stuffs that they need to trust you, and to verify your company's legitimacy.
Japan says only taxing the use of cryptocurreny as well as the trading profit from people although that may not be true but imagining a foreign person setting up a business and earning huge chunk of money from cryptocurrency could potentially raise suspicion considering the negative perspective people usually have although in japan they seem to be more open minded in this case. Also it wont be that easy to setup a company there considering there are really expensive.
4015  Economy / Trading Discussion / Re: Too many exchanges? on: November 19, 2019, 11:16:27 PM
More exchanges mean more competition which is better on the user end. Right now the thing holding back these exchanges, imo at least, are the absurd amount of fees to purchase Bitcoin through banking or credit card. To add, the verification processes expose way too much personal information. Most of these exchanges seem pretty shady and to the average user, posting scans of drivers licenses and uploading sensitive documents is pushing it.
I mean never ever buy a bitcoin using a credit card because you will be charged fees from both side and that's ridiculously expensive just banking is preferable I guess and most of exchanges will require you to verify your account first before you can buy anything though credit card or banking because they are afraid of that people might use another person's bank or creditcard to buy bitcoin and the fact that we need to upload or scans of driver licenses even a photo of ourselves holding it is ridiculous but there's not another way and always use the most reliable exchange among top #3 never ever use anything else.

I could note aswell that more exchanges is indeed better for competition to avoid monopoly but most of exchanges that emerges nowaday are money grabber that target the newbie so doesn't really add up to the competition.
4016  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Any clue why whales are pumping shit coins at DEX? on: November 19, 2019, 10:20:28 PM
Could you pls explain  mdab/bnb trading? here is the link ; https://www.binance.org/en/trade/MDAB-D42_BNB
2 days in a row, this is just an example there are many tokens like that at various exchanges.
what happens to dex, especially Binance dex is often triggered by the pumps of their own dev and the whales just welcome it. There is no specific reason for money laundering, but this is more valid because they have the power to do it, I call it the quick profit mode. The interest of traders in Binance dex is different from the others with a slightly better volume day by day.
Well, money laundering is definitely out of question because even if they do they have too much risk of losing the value due to the volatility. I think it's just a usual price manipulation maybe the devs are trying to keep their coin alive by pumping their own coin because most of the coin in dex have low volume anyway so you dont need so much money to pump and they are trying this hoping that people will start to buy and they can then dump their coin afterward. I also couldnt see how whales profitting from pumping this coin anyway.
4017  Alternate cryptocurrencies / Altcoin Discussion / Re: Prove that you shouldn't rely on icobench and others on: November 19, 2019, 03:36:51 PM
UPDATE: i just learnt that projects on ICOBENCH with good ratings from advisors are easily tampered by ICOBENCH team, for example, if a project get good rating from ico advisors but failed to pay the icobench team they will remove all the good ratings of the ico advisors and leave the bad rating only, i think we should stay away from icobench, they are disgusting
Well if that's true then that's really shady of them. what they care is about the money going into their pocket not their visitors's money to be safe. such website should be taken down because their listing could simply mislead people and such website have literally no use anyway since it's manipiulated basically a rigged website. Maybe if there's a proof to this you can make a topic just to expose their shitty website so that people could know that this website is just a measly money grabber.

For rating websites, money is the most important. If they prioritize their rating reputation, I think they will stay alive from advertising because the cryptocurrency community continues to grow. But they prefer shortcuts so that many people doubt their review so that many new projects that are actually good cannot reach the sales target
That shortcut will surely ruin their reputation if that allegation turns out be true but we don't have any proof yet though. Such a thing is why I always avoid ICO directories website because they are just rigged website and made for sole purpose to generate money and nothing more than that. they even dont have the initiative to atleast interview some of the ICO listed in their website.
Those website are literally made effortless and just copying each other even there are so many similar website that shove list of ICO into our vision with literally the same database.
4018  Alternate cryptocurrencies / Altcoin Discussion / Re: Prove that you shouldn't rely on icobench and others on: November 19, 2019, 06:25:41 AM
UPDATE: i just learnt that projects on ICOBENCH with good ratings from advisors are easily tampered by ICOBENCH team, for example, if a project get good rating from ico advisors but failed to pay the icobench team they will remove all the good ratings of the ico advisors and leave the bad rating only, i think we should stay away from icobench, they are disgusting
Well if that's true then that's really shady of them. what they care is about the money going into their pocket not their visitors's money to be safe. such website should be taken down because their listing could simply mislead people and such website have literally no use anyway since it's manipiulated basically a rigged website. Maybe if there's a proof to this you can make a topic just to expose their shitty website so that people could know that this website is just a measly money grabber.

For rating websites, money is the most important. If they prioritize their rating reputation, I think they will stay alive from advertising because the cryptocurrency community continues to grow. But they prefer shortcuts so that many people doubt their review so that many new projects that are actually good cannot reach the sales target
They are literally selling their reputation for a measly amount of money and in this case they are planning to have profit for short time if that's really the case.
The reason of such ico directories website existence is to provide reliable information that didnt mislead people so that people could analyze it by themselves.
If such practice is allowed and no one bats an eye it's as good as having nothing because with nothing atleast you wont be misled.
4019  Alternate cryptocurrencies / Altcoin Discussion / Re: Prove that you shouldn't rely on icobench and others on: November 18, 2019, 11:06:44 PM
UPDATE: i just learnt that projects on ICOBENCH with good ratings from advisors are easily tampered by ICOBENCH team, for example, if a project get good rating from ico advisors but failed to pay the icobench team they will remove all the good ratings of the ico advisors and leave the bad rating only, i think we should stay away from icobench, they are disgusting
Well if that's true then that's really shady of them. what they care is about the money going into their pocket not their visitors's money to be safe. such website should be taken down because their listing could simply mislead people and such website have literally no use anyway since it's manipiulated basically a rigged website. Maybe if there's a proof to this you can make a topic just to expose their shitty website so that people could know that this website is just a measly money grabber.
4020  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Criminals got balls because no COP or law to tackle them on: November 18, 2019, 10:11:33 PM
The problem is that the majority of crypto community is still against any kind of regulations. If people are not ready to sacrifice anonymity, than we can expect such things to happen any time, because nobody is really after scammers.
Kinda tough decision considering that people want decentralization but cant take care of their own problem of not being scammed either. Even if we dont want to sacrifice anonymity we’ve lost it anyway due to the KYC implementation in every exchange so if the government make a regulation what will be the differences regarding our privacy anyway? Its the same.
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