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It's not a good idea if you have very little money and can't risk making a mistake. Most ICOs are and will be scams. You can calculate your chances in many different ways it can be 30 to 70 or 20 to 80 but in the end you will be at a disadvantage. If you have a lot of money already invested in Bitcoin you can always put 10% of it into ICOs.
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Anyone claiming that bitcoin is bullish at this point is severely jumping the gun. The market has been bearish for nearly 1 whole year now and nothing short of a big bullish movement spanning 1 - 2 months is going to convince a large portion of people otherwise. So many people called the bottom at 6k and they were wrong, it could be true for 3k as well.
I'm not saying it's bullish but it's also no longer bearish. The way I see it we are in a pause between markets and will go bullish in the end of it. Many people who post their predictions on youtube are too bullish but Willy Woo along with his friend Tone Vays are both so bearish that I doubt they will scream bull market even when it kicks them in their asses. |
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But google uses Dorian Nakamoto image and Satoshi left before when Bitcoin Core was named bitcoin-qt, so it's inaccurate.
It looks like poor Dorian will forever remain "satoshi nakamoto" in the eyes of newbies. And the cringe of seeing Roger Rer as the face of Bitcoin is real. He was working so hard to make people confuse bcash with Bitcoin it had to work. There was no other way. |
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We cant say that in 2019 there may be big changes, because the market may not recover completely. It may take longer. But all hope for this year, because it is expected a lot of events that should positively affect the crypto market.
Going back to ATH prices that were a result of a short lived bubble cannot be called a recovery. I understand recovery as coming back to the mean and following a long term trendline and price levels that were sustained for a long time. 6000 dollar level looks like that range and it would satisfy me if we were able to stay between that and 10 thousand this year. |
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And what when the country is unable to pay its debt? Nothing. When you have a debt all they can do is come and seize your assets like a car. They can't make you a slave and force you to work in a camp. When a country is in debt it can start selling land or simply say that it won't pay and not much will happen. If a debt has been rising for 50 years or more it should come under prescription.
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I like that so many people here are critical of XRP and understand that it's a company trying to sell you a product. It's not a cryptocurrency and this is one of the reasons this centralized token isn't yet on Coinbase. I'm not saying that coinbase is less centralized than XRP but it's a crypto exchange and XRP is not crypto.
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Bounties could as well die it wouldn't be a bad thing. On the contrary it would be a blessing both to cryptocurrencies and to this forum.
All scams are paying for reviews and advertising these days and most ICOs are scams. Bear market will hopefully weed out most of them.
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Poker is one of the few gambling games that actually takes skill to win and isn't just based around luck. Personally I no longer play much poker because I find it to be too nerve racking.
That's just like trading, don't you think? Most times when you put your money at stake you will feel wrecked, even when it ends with you winning. The game will take its toll eventually. I used to play a lot but I switched over to more sports betting and other casino games. I suppose online poker is a completely different ball game considering you can't even see the people you are playing.
I agree. Much of the skill comes from learning how your opponents react to different hands. That's why they usually don't show what they had if they lose a hand in a real game. |
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Wouldn't gold's physical nature be a real weakness because it could cause a "centralization in vaults" problem? How much gold can an individual legally own and store in your homes in your country?
Then there is Bitcoin. It is virtual, and it opens a world of private key ownership, and therefore, true sovereign ownership of private property which governments cannot control.
Both of it can't be compared, Gold and bitcoin is like bitcoin and Paypal. They have their unique things that other don't have. I think it is good to be like this, both of it can be used by everyone. I think they can be compared because both are being looked at as stores of value, right? So we are comparing them by their properties as stores of value and these are volatility, ease of exchange, ease of storing, and such. I think that Bitcoin still doesn't retain its value as good as gold but it wins in all other categories. Gold is difficult to transport, exchange, divide, value unless you have gold coins. |
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I wish it all best because it's a good project and after constantinople it will become even better.
I also like the fact that XRP got pushed back and hope that people won't dump ETH after the fork like they did with many other coins. Buy before the fork - dump everything after is so greedy and stupid and people are still doing it. Shame!
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Don't count on the bull run to happen in all altcoins at once. Most projects are pumped and dumped by groups of speculators. There's even an article online about such a group trading in China. They put together a lot of funds and are using them to pump and dump new projects. Only coins with very big market cap like top 10 altcoins are immune to that.
Some coins like ETH may be having their bull run right now, some may not get it ever again.
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I've heard so many times that the Market Cap means nothing that I almost started to believe it, and yet here we go again.
Seeing the quoted text, a proponent of the notion that Market Cap doesn't reflect true value would argue: "I can create a coin with 100 billion "circulating supply", sell a thousand coins to my friend at $2 each, and we would have plus $200 billion for the valuation of all crypto assets."
So, who is right?
I think it's an utterly hideous metric, but a bit like democracy it's the least hideous one available. All of the alternatives I've seen people try to espouse were really unwieldy. As for ETH's rise, it's entirely down to the fork. Morons seem to buy pre fork, any fork, thinking either they'll get free coins or the world will explode with the wonderful new features. Then it collapses again once the fork is done. I don't think the emission reduction will make a real difference for quite a while. And usually it ends up bad for all the holders because idiots pump the coin and then dump it so much that a panic begins and takes the coin much below the price it had before the fork was announced. BCH is a good example. I like that ETH got above XRP thanks to this and I hope it doesn't crush too badly. I also wonder if those who are buying now know that they won't be getting 2 different coins from it. This fork doesn't change much for holders, it's a system upgrade. |
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I would choose hardware wallet if they weren't hackable. Check out this video https://www.youtube.com/watch?v=Y1OBIGslgGM they are showing how it's done. They managed to hack trezor and ledger wallets in various ways but chances that a skilled hacker will get your wallet in store and messes it up to steal your money later on is very slim. |
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If people are willing to bet so much money on Bakkt they must know that it's going to launch. People with no inside knowledge are complaining that Bakkt will never get approved and those with inside knowledge are betting on it. I don't believe an institution would put a million or 2 into something they aren't sure of.
2019 will be the year of bakkt and ETFs.
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I don't agree with it. It's true when you talk about the basics but at some point you will find it harder and harder to learn new things and become better than other professionals. It's called the learning curve. It's easy to learn to play, just a bit harder to become a good player and an enormous gap between that and becoming a professional player.  Most people never go beyond 80%. |
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You should only bet on games that you understand and follow. Don't bet on unknown teams just based on the odds at a given time because you don't want to rely on other people's predictions. Rely on yourself and your game experience. If you don't play CS and don't watch games live, don't bet on CS games, choose dota or lol or whatever it is that you are playing yourself.
Esports tend to be more predictable than normal sports. Usually teams that are good are good all throughout the tournament.
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I like ETH. It's not better than Bitcoin but it's much better than XRP and I hope it retains the position of 2nd most popular cryptocurrency and XRP goes even lower.
The weak point of ETH is that you need to build payment systems on top of it and using gas isn't easy. It's much more complicated than paying with Bitcoin. I just don't see people choosing ETH payments over BTC it wouldn't make sense.
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I hope it ends better than the fork of BCH that ended in both forked coins losing half of their value. People who bought BCH in hope of getting forked coins lost more than half of their money if they sold after the fork and can potentially lose more because I don't see a great future before BCH and SV looks like a scam.
ETH is pumping but it can face a big dump after the fork. We will see how it goes.
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I also don't support long-term hodl anymore, because we have other options to make money! In my opinion, A long-term hodl is the laziest work nowadays! People invested in crypto to hold a long time but when the price comes down then they start panicking! Like, at this moment, people should hold, but personally, I would choose to learn to trade. It is better to lose money by doing something where last year we lost 70-80% of total money only by holding!
It doesn't matter what you win or lose in a couple months. What matters is the total gain over the period in which you are ready to hold. If you bought in early 2017 or at any point before that you would make money holding. If you chose to buy near 20 thousand you shouldn't blame holding but your decision making and lack of common sense. |
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