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4701  Alternate cryptocurrencies / Altcoin Discussion / Re: Major Korean Insurer to Offer Crypto Exchanges Insurance for Hacking Damages on: September 11, 2018, 02:43:47 PM
A major South Korean insurance company reportedly will start offering cryptocurrency exchanges insurance aimed at compensating for damages caused by hacking, according to local media. Currently, few crypto exchanges in the country are insured and hacking damages are not covered.


https://news.bitcoin.com/korean-insurer-crypto-exchanges-insurance-hacking-damages/
Just curious about how it works because the crypto is encrypted by algo that makes crypto become anonymous and how they can know that the actual owner of that amount? Remember binance has its own decision to cover all of the users that got impact caused by hacked case. Just curious how they can try to cover it because you can't give the proof of your owner.
4702  Alternate cryptocurrencies / Altcoin Discussion / Re: Survive on: September 10, 2018, 10:33:21 PM
In this bearish market, it’s difficult to make profits without thorough research
And almost every portfolio is negative

All I can tell is don’t dump out of fear
Survivor this period and join in packing the dips

Be greedy when others are fearful

And then the conclusion is if this time to buy and not to sell, so many people in fear and that has driven the market down. in fact that a lot of people are selling their portfolios so cheap compared with a few months ago. This is the time to buy and not to sell. Just prepare a lot of money to buy more and more than waiting for the next bounce back. That's what i cal a very well play.
4703  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is ETH collapse caused by panic selling of all the ETH raised in ICOs? on: September 10, 2018, 10:31:06 PM
Think at all those hundreds of ICOs which have raised millions of dollars worth of ETH each. Some of them, like the scammish Envion, even 100M$.
Now in this bear market they see their wealth evaporate. They need FIAT since they are real world projects and they need FIAT to pay for infrastructures.
So they cannot simply watch at all those millions $ EVAPORATE and jeopardizing their projects.
It is true they have raised Millions $ but now those millions $ are shrinking further and further and so I guess THEY are panic selling and crashing the price.
What do you think?
No' it's not the real reason why ethereum has plunged a lot. remember when EOS was dumping all of their ethereum to the market and it's worth more than the total ethereum that has been raised by all of icos it's more than 1.6 millions ethereum. So many people are panic selling to hold bitcoin and then they are exchanging it to the bitcoin.
4704  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Growth Nears Ceiling, Ethereum Co-Founder Buterin Says on: September 09, 2018, 10:48:46 PM
Quote
The days of explosive growth in the blockchain industry have likely come and gone now the average person is aware of its existence, according to Vitalik Buterin, co-founder of Ethereum.
“The blockchain space is getting to the point where there’s a ceiling in sight,” Buterin said in an interview with Bloomberg at an Ethereum and blockchain conference in Hong Kong. “If you talk to the average educated person at this point, they probably have heard of blockchain at least once. There isn’t an opportunity for yet another 1,000-times growth in anything in the space anymore.”

Source: https://www.bloomberg.com/news/articles/2018-09-08/crypto-growth-nears-ceiling-ethereum-co-founder-buterin-says

Does this mean that future investment in crypto will be unprofitable, and will the bull market no longer exist? What do you think?
The bull market will still exist but until another bubble will come. Vitalik doesn't remember if this is the money machine. You can see so many speculators in the market and that makes it will become very volatility. I guess this will be happened in a few years later. I meant about another big bubble and i just try to load as much as possible but the price of bitcoin will remain the same
4705  Alternate cryptocurrencies / Altcoin Discussion / Re: The market is going down, is it a good time to hold the coin? on: September 09, 2018, 10:41:22 PM
I now have $ 500 in capital. Is this the right time to hold the coin. and what kind of coin should I hold? I need some advice now, Because according to my judgment this will be the momentum for altcoin to explode in the end of 2018
So can you tell me what makes you believe if there will be an explosion at the end of this year. So many people are still thinking about another bearish trend. You can start to put in the major coin that will give you more guarantee but this is not a suggestion because that will be at your own risk. So many coins have a very weak fundamental to support the development of even price chart.
4706  Alternate cryptocurrencies / Altcoin Discussion / Re: Why exchange want to bank details for kyc??? on: September 09, 2018, 10:37:34 PM
If these kind of kyc collecting  work not done by  exchange  people can create multiple accounts with same name and same addresses.
They can't remember in KYC verification and these users need to verify its identity through use the photos. that could be a difficult thing to see the guy try to create multiple accounts.  The bank id required when you are wanna withdraw your money through the dollar or fiat value directly, this has done by some exchange sites just like kraken, finex and many more.
4707  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto pattern over the year on: September 07, 2018, 02:37:29 AM
Guys you know crypto is about pattern.
Lending came and go
Internal exchange came and go
Ico  too
Google form came and go
Telegram bot use to be so hot too.....

Now there is a new pattern have been seeing now.  

 *A day ICO.*
One project will just come from nowhere and tell you they are doing a day ICO of 400eth. They will get listed on  idex tomorrow and mercatox next week......


It's reigning now because a lots of project are doing it.  But let me analyze it for you.

98% will die faster than they came.
Scammers can easily adopt it
You don't know anything about the project more than telegram group and twitter  handle.  

They will make money from the ico. Use part of the money to fasten the listing on exchange  and when the price is high because you are all  getting carried away with the hype,  they will dump the one they didn't sell in the ico on you.

You are too negative on what crypto is. If you are really investing in crypto, you should not spread FUDs on the community. Are you aware that legit ICI will burn the unsld tokens to avoid dumping? Another thing is, you can see the total supply of the token of an ICO in it contract address, so there is no chance that they will dump the unsold tokens during the exchange listing.


I think it’s about recent projects and in reality
Except for pumps and dumps, Most recents projects I haven’t really seen a significant importance of altcoins to the public or crypto space generally

Let’s hope for the best
Probably the future is always better
So many copycats and honestly this copycat platform just like a mushroom that has been popping out anytime. There are some altcoins that offered important platform to the public but the majority of them have not yet any utility usage and that makes a lot of people are using it to speculating the market. That's why so many people called it a money machine.
4708  Alternate cryptocurrencies / Altcoin Discussion / Re: Looking for a new upcoming blockchain based ICO to invest into on: September 07, 2018, 02:10:37 AM
Search for Rays Network, it's an upcoming ICO with 5 projects in one and that includes a new blockchain technology.
Coinanalyst is not blockchain based ico but it seems better for you to take a look on it too. I will try suggest you to get the best blockchain based project through use icodrop site. Many trusted project has started from there because basically, it based on the community's choice. I would not say a lot about that but it seems like that's pretty interesting to see. QKC, Metronome, ONT and many more has started from there.
4709  Alternate cryptocurrencies / Altcoin Discussion / Re: New phishing email MEW on: September 06, 2018, 11:53:40 PM
Once in a while a new phishing email spread trying to scam new Ethereum users and sometimes even old once. Today I have received one of those, it has been long since the last time I got one so I thought I post it here to give a warning to new users and also because the email I got did not go to junk mail, so someone might really fall in this trap. First of all please flag the email if you received one. Here is how the email looks like.



It will have a title like ( My Ethereumwallet security update) something along this line. So please do not fall into this trap and stay safe.  Smiley
I'm sure it's not only the method that has been used by the scammer, i have seen yesterday there was a scammer that try to spread the fake site MEW on this forum and i have reported him as a suspicious link. I believe that was another scam or phishing site that interested to steal your money. I never try to open any suspicious email in my inbox. It's too risky for me personally.
4710  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: September 06, 2018, 11:34:47 PM
Leveraging is quote used when they want to sell you some more of their junk. Eth is going no where. Soon the network will not even work, very soon...

Not sure why you would say that when they are developing the protocol actively and introducing more efficient means of processing.   Price does not dictate success, its a good idea to keep in mind if its continually gaining or going down neither has to mean its less used which is the important bit.   Exchange speculation is an estimate of future trends and gets looped up in its own logic really.

All I think of the lower price is the effect of ICO deleveraging effects and the general tightening from BTC gains over alternate standards.   Its just a tide move, I'm more concerned with specifics to each protocol
eth network is more stable now. team is working hard on making this more secure and reliable
now google show intrest in eth network blockchain
Google BigQuery, Google Cloud’s Petabyte-scale data warehousing solution, has made the Ethereum dataset available to enable the exploration of smart contract analytics
BigQuery has made it possible to explore all of Ethereum’s historical data. Ethereum’s ETL project on GitHub includes all source code that can be extracted from the blockchain and entered into BigQuery. Google is seeking new contributors and blockchains.
Source: https://www.ccn.com/google-dives-into-the-ethereum-blockchain-with-its-big-data-analytics-platform/
This is good news that we need now, i bought more ethereum today with hope ethereum price will increase.
Google make ethereum price going up
Just waiting for the difficulty bomb and it will become a something big in the future. There was the latest news about ethereum that we are so close to the date of CBOE will try to add ethereum in the futures market.
The more good news will come but ethereum still pegged with the bitcoin and the bitcoin dominance has been increased a lot.
4711  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Converting 1 BTC to 100 BTC on: August 04, 2018, 03:20:39 AM
Of course it's possible to get more 99 BTC to own 100 BTC from 1 BTC only Smiley). But I don't know how long will it take to earn 99 BTC. LOL. Maybe it's about 10, 20 or maybe 50 years. LOL. If in 2020, price of BTC will be millions dollars so forget it Smiley. There is no way to make 1 BTC become 100 BTC anymore Smiley.
As long as you can take the big risk by investing your money in the ico and it looks possible for you to get 100 bitcoins in a short time. But if you are not wanna betting on there and then that should take more than a hundred year for you to make your 1 bitcoin to the 100 bitcoin. I guess that's really important thing to know that,
4712  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum is waiting for what? on: August 04, 2018, 03:11:12 AM
Recently, the market has shown that bitcoin is set for a bull run. Yet, the ethereum chart is showing that,ethereum is feebly struggling to even maintain it's current price. What do you say about this? Why hasn't ethereum followed suit?
Ethereum just waiting for the bitcoin to get another momentum before ETF announcement and there will be a huge pump in the future and i guess that will be very close before ETF announcement by SEC. Ethereum has been planning another improvement to its protocol at the middle of times month. it's called byzantium update.
4713  Alternate cryptocurrencies / Altcoin Discussion / Re: What decentralized exchanges do you know? on: August 04, 2018, 03:09:44 AM
Hello guys,

What decentralized exchanges do you know exist? So far I know about idex.market, etherdelta , bisq.network? , altcoin.io ( not sure if this one is functional even)

Do you know any other? Will be good to know more about these as I don't trust centralized exchanges. Thanks in advance!
forkdelta and there is a lot of the decentralized exchange that has already built on the 0xprotocol platform called ddex, radar relay and many more https://0xproject.com/portal

These are the decentralized exchange sites on the neo platform, switcheo and dex.
4714  Alternate cryptocurrencies / Speculation (Altcoins) / Re: EOS will hit $ 30 in Q2 2018? on: August 03, 2018, 12:46:24 PM
The second quarter has ended and EOS is still not at this price but I believe that was because of the present situation of the crypto market. I think when the bull run starts, it will reach this amount or even more as it is a potential coin.
Lol you should tell dan to fix its broken governance system and terrible blockchain. $30 just like a dream and look at the market and how the majority of EOS icos are still using the ethereum to funding its project and then this coin has no potential at all and only an over-hyped project and that's so terrible.
4715  Alternate cryptocurrencies / Altcoin Discussion / Re: Bank of England warns against Cryptos on: August 03, 2018, 12:23:05 PM
I question about the realness of the news and I think hence is a fud. An endeavor to spread some pessimism on crypto. Market is as of now bearish. Kindly don't spread such phony news and antagonism, this can have extreme effect on advertise.
It's only another FUD and you can see that how the UK authority has been approving some application regarding the bitcoin mining and that gives a green lamp to the bitcoin in UK. I guess that has been created by the haters of bitcoin or purely the bank was creating FUD.
4716  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BTC back to $6000 ? on: August 02, 2018, 10:13:32 AM
I would like to see what would have happened to the person who had posted this before since this was posted like 3 months ago. I would bet that within the next few weeks some bloke who has bad experiences with bitcoin and altcoins would post another similar post and will be ready to answer it for months!
All of the fuders to the bitcoin have already disappeared after the bitcoin gets slightly increase and break 8k rate. I should expect they have bought a lot of it while bitcoin on the bearish trend. it's usually happened when some people are interesting to grab more and more bitcoin and then just created any FUD thread to make others scared.
4717  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is market on the BOTTOM NOW? on: August 02, 2018, 10:09:18 AM
well i supposed market can't go more low this months, since bitcoin is still on stable state up there, i guess other alts it's gonna recovering in the end on Q3
It can't until the ETF announcement by SEC. that's the real reason why bitcoin gets a little pump from less than 7k to the above 8k yesterday. I thought that another wave will come and you should remember we are in the Q4 of this year.
It will only get a little dump and jump basically they are waiting for that momentum.
4718  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin in August? on: August 02, 2018, 07:14:18 AM
Bitcoin is still recovering so we cannot expect more in btc now in august.. it's in a big dip but all we need to do is to hold until it pump up high. we don't need to worry because cryptocurrency is not dead. still holding.
Nothing special this month but I hope big news will come at the end of August since ETF will be out on September. We are experiencing a pump and dump situation, still recovering but yeah we don't need to worry, cryptocurrency is a great technology that is for sure.
When we will be so close to the ETF announcement and i believe there will be another hype to the bitcoin and it will be so easy to bitcoin to be reached more than 9k value maybe we will see that next month.
Crypto is about the revolutionary on the future payment system with high transparency.
4719  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Different Sectors on: August 02, 2018, 07:00:35 AM
I was doing some research on diversifying and most people will tell you to diversify by market cap. 25 % Big Cap  50 % Mid Cap and 25% Small Cap. But im actually more interested in learning about each different sector of crypto and blockchains.  I was hoping we can create a list of the sectors and examples of companies for each. Example,  Ether would fall into Dapps /Smart contracts and Monero would fall into privacy coin. Thnx in a advanced ...
Smallcap just like crypterium which has been developing the crypto banking system that makes you able to pay everything easily through use the bitcoin.

Kick platform was building the crowdfunding platform that uses crypto this should be included on the midcap coin

you can try to choose the bigcap coins such as ether and other coins. i think that they are all easy to understand and you can try to determine the cap based on the total marketcapitalization.
4720  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin use in Online gaming section? on: August 02, 2018, 06:53:23 AM
the application of altcoin in the game will certainly provide a good impact for both. for altcoin certainly will be heightened because with incredible gaming enthusiasts will make altcoin into something more and has a high interest in this. for supported games certainly will also be able to be helped because of the enthusiasm of the altcoin is also great that make the game will be more interesting.
Please, that's bullshit there are bunch failed online that use the crypto as a payment system. If the crypto will not even put to the economic system and it's being so far to the crypto to be used in the online gaming section. The volatility of the crypto makes it impossible to be applied by the way.
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