Is Binance, Bittrex or HitBTC are not good exchange? Maybe, there are more exchanges to come that are more efficient right now. But there is a fact that these top exchanges bring a harmony and safe trade to the people. Eventually, all of their shortcomes and malfunctions will be changed. It just a matter of development and IT personnel of the exchanges. They are good today but they can make the best for tomorrow.
indeed it has become a natural thing if there is an exchange place that is hit by a hacker attack because not all technology is strong, there must be a gap that can be penetrated by hakcer so it must remain vigilant when trading. right, the gap is always there, so each exchange must update the security system and make it in layers. for that I avoid saving assets in exchange, to avoid such incidents. it's better to store it in a personal wallet |
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I guess some people think that Cryptopia hacked themselves in order to justify the proposed closure now, people lost their money without no hope of refunding anything.
very unfortunate if that is the right thing to do. they make dramas to bring money from their customers. and of course this will not be done by professional exchange who maintain the trust of its members |
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for me its not that much, as i am not that person who is focus in trading, what i am doing is just buy on low price and sell it on high price
Same at everyone thing buy at low price and selling at high price it could be profit. this case are timing about, we don't know when to best time for buy and when to sell it to right price. this case can make a little profit than other trader. I think the problem is the same as the others. we don't know when to enter the market and when to exit the market. but it will be overcome by analysis and experience, so that we can know the characteristics of the market |
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Considering the high level of scam associated with ICOs presently, many investors are at risk of loosing their investments. Bounty hunters like us are not spared as we may be rendering free services to some scammers and also risking our personal data.
I suppose a regulatory body be set up to audit the ICO process and the founders, and if anything goes wrong or should the project fail, they will be liable. This will reduce drastically investors risk and also keep scammers away. What do you think?
What would be the impact if we allow regulatory commissions to handle the ICO or any investment platform on cryptocurrency? Well actually, the freedom that we already have now is the best option that we already have. We should exercise and be responsible enough and that's good. Allowing regulations will going to incur restrictions on our capabilities. but in the absence of regulation many are used by fraudsters to take advantage of the suitability. many made the ico project, and finally they brought in investor funds. of course all decisions must have risks |
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Is it possible a bounty provider or bounty team as the case maybe send more than what you earn on the spreadsheet to your wallet? I was reading in a bounty group where sone one said he got more than 1million token when the whole bounty pool is just 9million . won't that affect other bounty hunters from getting their reward?
While it's possible, I'd say it's kind of hard screwing up the amount like that. Do you have the transaction id? Otherwise the spreadsheet (+ the name/eth-address of the participant) might also help to check if there was such a transaction. yes, maybe the op must include proof as you say. there were a lot of errors when sending to the erc20 wallet. this is normal and pure user error and I think it would be very impossible if a manager or an ico team were wrong to send hunters a bounty with 1 million tokens. as long as I follow ico, I have never experienced a delivery error from a manager. but logically it can happen because of human error. indeed this will be awkward if a big mistake, of course before the distribution has passed the checking stage |
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lots of pesky coins that have sprung up. after all this time we held it and there were no significant developments in the coin project, and finally the coins became worthless. I have some pesky coins, and I leave them
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Yes as BTC price is going up so maximum investors are running through behind the BTC. So alt market going down as no body thinking about alt market. But we have to wait for stability of BTC market so that alt market will hit again. So don't be upset with ETH or any other alt coin.
Best of luck.
yes, eth is behind btc, so I think eth will quickly receive an impact from the increase in bitcoin. therefore keep holding it and don't panic will provide benefits later. I myself still hold eth for assets |
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BNB grow up last night. I am waiting for a new ATH in BTC in near time. Also, I have thoughts, that today maintance intended for loading margin trading code and soon will be announce.
I personally also prefer holding a BNB, currently only bitcoin and some altcoins are flying. and I think after this there will be a lot of altcoins that follow. because we know bitcoin as a guideline for the development of cryptocurrency |
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I know what you mean OP, based on the coinmarketcap, bitcoin has a big increase so far in crypto market. Altcoins like ethereum, bitcoin cash, litecoin and other altcoins also increase but not as much as bitcoin. If you want to get maximum profit then choose bitcoin like what OP said.
for me this opportunity will exchange bitcoin to altcoin, because it hasn't started bullrun yet. so that you will get more profit. but indeed if you choose a safe one you can faithfully invest in bitcoin |
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I have changed strategy for a long time and now I trade every day. I use long-term investments for coins that have potential in the future. Daily trading, in my opinion, is more profitable, but we must always be prepared for any conditions. Moreover, the current market conditions that always show a positive trend. So that daily trading is very profitable.
Day trading is, of course, much better than other tactics regarding cryptocurrency in a bear market. However, day trading requires a lot of time and effort and not everyone can afford it. However, the past year has shown that the usual strategy of long-term retention of cryptocurrency is not always effective. Therefore, it is desirable to combine the retention of our coins and tokens with trade at least at the peak of their price rises and falls. We also see that the cryptocurrency market has recently improved significantly and therefore it will be much easier with profit. daily trading is more complex than long-term investment. for those who are experienced it is certainly more profitable to trade daily. but it does require a good analysis and strategy, even a change in strategy must be implemented |
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I want to hear your opinion about changes in current market conditions. Has the bear season really ended and changed into the bull season? Then how do you make a strategy in trading. Buy large quantities of altcoins? Share your opinions to share experiences here. Thanks.
I'm sure now it's entering the bull season. for the current strategy, I focus more on bitcoin first. after bitcoin began to stabilize, I started buying altcoins. there are many choices of altcoins that I am paying attention to right now, but I will not buy them in a hurry. considering bitcoin is still green, there has been no correction since a few days ago. and congratulations for those who are still here, you have got the results of what you have been waiting for. for now the altcoin hasn't looked like it shines like bitcoin. but we can take advantage of that opportunity. but what makes sure is that bitcoin can penetrate a $ 6000 resistance area, ensuring that an upward trend will occur |
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It depends on what topics you want to search because every thread here give a different topic, so you need to have the right keyword to search, and I won't say which one was the best thread.
But if you cannot find what you search, then Google will be your best place to get the answer, and I am sure you will get many websites for the references.
We need to search on many websites and don't depend on one website only because that will not give additional knowledge to us and we cannot get what we want.
yes, and that's what I have been doing up to now. in this forum I learned to interact with a topic, thereby increasing knowledge. if you want to find referrals that are more detailed, then Google becomes the solution |
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Actually I believe there are lots of countries who accumulate btc. They just don't want us to know. Crypto will be the future of world currencies. This is for sure.
they will take advantage of the silence. but it may be true not only Russia, and of course they are preparing a big plan to increase the country's prosperity. we can see later, which country is right to carry out its strategy |
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I hope 2 - 5 years from now, those countries which considered cryptocurrency as illegal will reverse their decision.
Just like facebook reversing its ban on crypto advertising, I think we will be seeing some good improvement in the long run.
Crypto regulation needs to take place, a standard regulation would help for these countries to understands how to regulate and eventually adopt.
Currently we are seeing and focusing on which countries are regulating the crypto ? and which countries have made bitcoin legal in their countries. A time will come when we will be discussing why the few countries still left for regulating crypto. That's how the world will be changed in few years from now. there are many reasons why many countries have not legalized bitcoin, and of course that country really understands the obstacles. but for me in the end the country will follow in the footsteps of developed countries or those who have legalized it first |
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Currently, all major currencies issued by the government have natural inflation of about 2%.
Bitcoin, on the other hand, is much different, it, in fact, does not have any inflation but deflation.
Bitcoins are created less and less and the number of users does not affect the quantity of creation of Bitcoins.
Inflation on a low level promotes spending while deflation in Bitcoin promotes holding...
My question is, would an economy with a deflation based currency such as Bitcoin work?
As you said, deflation based currencies such as bitcoin will only benefit to holders only. for the economy it could have a bad effect, when the amount of money is limited and many people actually hold their bitcoin in the hope that prices will rise, of course will make the price of goods cheaper and lower? of course it will slow down the economy I agree. therefore to enjoy the results of bitcoin we must become members and take advantage of opportunities well. many of the bitcoiners have set up businesses like their dreams, so they help economic rotation in a country |
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Such ideas and, most importantly, their implementation do not come and are not realized in a very short time. Surely the implementation of such a project as a cryptocurrency would take years. Moreover, information has already appeared that in the nineties there were ideas for creating cryptocurrency. Just the economic crisis of 2008 could significantly accelerate the completion of the cryptocurrency project. In order to create a cryptocurrency, it is not necessary to experience a personal tragedy financially. In addition, the fact that Satoshi Nakamoto could lose his property or money during this global economic crisis is only a guess.
right, nobody knows that for sure. however falling in the business world is a common thing, but the difference is how to get up. and until now bitcoin has shown that. not only for personal, but useful for many people |
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Warren Buffett economic and investment advice can not work for everybody and at that while some of his follower's gain from his investment method others lose using the same method. But where are pick against Buffett economic advice is when he speak against bitcoin and referring to bitcoin as a bubble, but we can all see what is happening in the bitcoin market which have proved him wrong.
yes. moreover not a few economists say that, to be careful with the bitcoin bubble, which later can harm investors, they consider bitcoin a game. but the fact is that until now bitcoin has proven that it still survives and develops to this day |
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I think not. Gold and silver supplies are controlled by central banks, and as such, they dictate the price. The only way for people to go back to them would be if governments started to sell gold to buy bitcoin, and the buyers of such gold would be private companies with the intention of establishing a new market, not controlled by central banks.
But sadly the government will never to do that consider about they are using it as their reserves. Washingon was announcing if the US was holding the biggest gold in the world. But everything controlled by the central bank. The Fed will not try to do that caused by it can give impact to the dollars. right, of course the government will continue to make gold as the last weapon, where I don't think we will return to gold to invest, but gold remains as a reserve as it is today, of course, as US does not want dollar control to end |
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Yes it is definitely a good chances for getting the income for everyone but how can we improve our investment by using this opportunity in matters especially in this situation Bitcoin is developing a huge investment is more important right now for getting a good profit.
right, good opportunity, but we also have to be consistent with the analysis, do not easily panic against a volatile market. so that at the end of the year we can take advantage of cryptocurrency |
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Even though digital currencies are not something new, governments are still yet to decide where can they be classified to determine how they are going to apply tax for people that use them. From I know, most countries simply added bitcoin and cryptocurrencies to online earnings category and they are taxing people for that as a temporary solution until they determine where should cryptocurrencies be classified.
I think it's easy for the government to add taxes from the cryptocurrency sector, of course there is essentially revenue to the government. but I think the one that is difficult is the legalization of crypto in a country, many of which must be reviewed before being legalized |
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