Okay guys, hope we are all staying safe?
I felt I should get the opinion of some veteran traders here about investing in altcoins. What do you usually look out for before picking tokens for mid-term or long-term investment?
1. team behind the project? 2. type of blockchain? 3. real-world use-cases? 4. partnerships? 5. period of existence? 6. Stability of the token? 7. Just name them, anything you look out for
All that you have mentioned is best thing to look at before investing. But the Most character that i am looking at is Product because in this we rely the future and security of the project. existing product mostly dictates what is the tomorrow for the said project. ...
points 1 -> 4 are what I pay most attention to... for a new coin project or what we commonly call ICO & IEO, finding out the team behind it is very important, investing without knowing the team behind it is very high risk because of the high level of fraud from ICO & IEO in the last 2 years. there are many project that uses fake team but hard to find. If we are good into this part Yes we can check them if the team are legit but for those who cannot?this is a bad case to look at.
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How they can be incredible if they are poor altcoins? Well, I mean that those descriptions are contradicting how you describe it. Going on, it's possible to short from another exchange to another.
I think what he meant is Incredible Volume so poor in value because so far it is Rpple (XRP0 who's having huge volume but stays in top 5. Yes, that could be it and I understand it better now. Do you mean arbitrage trading? it's possible and it's been done by many traders if the spread from the other exchange is quite high and you can see the potential profit. But, there's also a chance that you might be rekt if done it slowly and wrongly.
Well arbitrage is still profitable if you have experience,because all you need to do is watch each exchange and transfer your funds from each other that has High in value. It's profitable if you have been doing that most of the time. But not every single trader can do this accordingly as we say that it's profitable. There's still more chance of losing on this strategy because delays might come and that's going to destroy your strategy. There are many traders in the past that doing this strategy but nowadays?i have limited news regarding those doing arbitrage.actually i also try this twice but that time my internet connection is slower than Turtle thats why i never be successful so i stopped. as long as they still have a request you can sell it. but when there is no demand for the exchange you sell it will be the same and useless. when there are still those who want to buy your coins then sell them, before they become junk coins that have no value.
i believe that you dont understand the topic Mate because i believe that OP is asking about strategy and not just the demand and supply.
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Western countries like to bet in horses. I guess cock fighting is only popular in Asian countries like Thailand and Indonesia. Because EU countries forbid's fighting against animals you will actually be imprisoned in betting those types of gambling in these countries due to their moral code. It's actually ironic while they murder those innocent chickens.
Lol those chickens are Breed to fight and for those event and they are not maltreated . Just like you eating chicken,meaning we must not murder chicken to have foods on our table? and this cockfight has been on the scene from our ancestral and as a sort of fun. Well, it did not actually originate in the Philippines and I knew that from the thread that @mu_enrico said. It is forbidden right now but there is what we call "tupada" in our place and that is just a small meeting of people wanting to fight their roosters and bet to themselves. It is illegal so people are actually hiding so they can do some betting.
Sorry it is not forbidden,But because there are social distancing thats why we are now waiting for the government advise when to start fighting again.
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That's surprising since in my country a common man don't even know what's bitcoin and how to use it. All they will say "Oh yeah, bitcoin I have heard this term somewhere in the news, but I don't know what it is for". Lolz.
Not because there are Club that accept Bitcoin meaning the whole country already know about bitcoin,Because i believe that Place mentioned by OP is mostly a landing place of Tourist int he philippines so i think that the main objective of the Owner accepting Bitcoin is to lure those tourist that may have Bitcoin in their possession and not the Locals. So we are literally in primordial stage of bitcoin and here we are, you guys throwing away bitcoins on a stripper in a night club. That's funny, how we see the world is at different pace of accepting the bitcoins.
I believe the club owner must be some bitcoin freak that's why he put it as payment method. And surely the strippers may not even have any idea what's bitcoin is.
I will never use my Bitcoin just to pay strippers lol,i rather tip them with paper money because how can we put Bitcoin on their panties hehehe
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I've got a news to share about shitcoins, the moment the coins that people are holding aren't surging when they want they will start calling such coins shitcoins, many called electroneum and apollo currency shitcoins last year but this year the coins start showing good signs, you don't have to make your money from Bitcoin or popular coins, you can make money from not so popular projects too, remember HEX? Haha I'm sure you guys know what I'm talking about.
But the question here is How many of them are legit?because you have mentioned Electroneum and Apollo but how many currencies are released together with this coins that until now staying as shitcoins and some are also dying already? There are few shitcoins that survive the market but only few of them,in this case let people called them shitcoins until they finally prove that they have future. Even Ethereum until now was called shitcoins by Bitcoin supporter,but let them realized in time.
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As we are dealing with the pandemic, the virus disease is prone to old citizens they have a weaker immune system than an average person and young adults although we also have a lot of cases of them too but there are more people who ages 40+ in the tallied cases. The sad truth is that some of them are not getting attention from the hospitals, why? because they prioritize a person based on its age, why? because it would be more worthy if you save a productive person over an old and weak person. The government is really doing this for the economy in the future days. We really have to deal with deaths, it is part of living ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) Sorry mate but is this what happening in your country?Because here in mine OLD person are the priority of the government,They even received multiple support from the government,They even advised not to Go out because they are prone to this virus. The thing here is that the government can't save all lives right now,
the government are doing everything to save everyone but of course we also know that this can't happen because even the Strongest and most technological countries are suffering from dying people.
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This place is on the famous "Walking Street" of Angeles City, Philippines, which is basically a giant red light district. No, I didn't do any "research" to find out how to "make it rain Satoshis", but I probably should have! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) If someone sends a donation to my profile address I'll write a new post documenting the experience of how it worked. So basically, you are looking for donation so that you can check it out on someone's else expenses.. I doubt anyone would think of donating at this Corona moment but don't take my words to demotivate you. I really hope that you get some to experience that ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Good luck!! Common men the post is 3 years old so basically even that Strip club is already closed by now(of course that is just my speculation) and besides there is a lot of things that may change in that long duration,What i am sure here is OP was just wanted to Document about the spreading of Bitcoin in Philippines of course not in His own expense since He will be doing this for the community and also for the market. So basically, you are looking for donation so that you can check it out on someone's else expenses.. I doubt anyone would think of donating at this Corona moment but don't take my words to demotivate you. I really hope that you get some to experience that ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Good luck!! I don't live there anymore so unfortunately the offer has expired, lol. Oh,Thats sad to hear coz i thought you are staying in Philippines for good yet you have leaved now. Weird that somebody would bump this thread after over 2.5 years. It must come up in Google search results for "Bitcoin" and "strip club" or something. It's not even a "strip club" -- its called a "bikini bar," but I wrote that post before I knew any better.
Sure thing,For His own Interest of knowing about Strip clubs accepting Bitcoin and lucky that you are the only thread creator that reflects . When I was there, I did talk to a guy who was the manager of a club across the street. I asked him if they also accepted bitcoin and he said "yes," but they add a 25% surcharge to it to cover taxes! They have to do the same thing with credit cards. And the minimum you could spend to pay in BTC or CC was $200, which is 10,000 pesos. So you'd really have to be there to party and throw money around to make it worthwhile.
25% surcharge is enough that Year because the volatility of Bitcoin that time is really showing harsh thats why they need assurance .
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How they can be incredible if they are poor altcoins? Well, I mean that those descriptions are contradicting how you describe it. Going on, it's possible to short from another exchange to another.
I think what he meant is Incredible Volume so poor in value because so far it is Rpple (XRP0 who's having huge volume but stays in top 5. Do you mean arbitrage trading? it's possible and it's been done by many traders if the spread from the other exchange is quite high and you can see the potential profit. But, there's also a chance that you might be rekt if done it slowly and wrongly.
Well arbitrage is still profitable if you have experience,because all you need to do is watch each exchange and transfer your funds from each other that has High in value. Shorting needs good volume, which most poor coins don't have.
With Lukc?it is possible but i'm afraid Newbie like OP can find that way to success.
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It's temporary so the players will still get the feel and motivated to win their games maybe a year from now, all of these will just become a memory, we all want to get to normal and see and feel what we all missed but for now, we have to find a way to enjoy what we want to enjoy while keeping ourselves and our fans safe, and this is a very innovative idea.
I think it's not for a player's motivation as they are always motivated and giving their best to the game. This cannot be a part of motivating for the players because it has nothing to do with them,they can't even notice the presence of fake audience because this is only in Video and sound effect. FOX just thinks of a way to still carry the presence of being in the usual event even in reality there is no live audience.
They say "broadcast" so it meant to the television viewers.
Actually their main concern is the Viewers online because those are also the prospected bettors online. They will also consider using fake images to look realistic even in TV.
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several time that i have some offers like this but never that i come to entertain,because the more we answers their message is the more they are being aggressive on victimizing people. And also they know that gamblers are usually greedy,so offers like this will cling to their mind and the attitude will come. and besides those are not moderator or gambling house instead they are just fake to lure people. scammers will always there to scam people no matter what they cost.
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Let the title take the prize for being the result of a survey of only two people.
yeah and that is an insult to tell about all american when he only handled 2 clients that has no knowledge of Bitcoin and ethereum. The fact that your perception leads you to that title, does not mean that it really is so, it is quite possible that it is the opposite, rare, but it is more likely that people do not know that it is a cryptocurrency but they do know what bitcoin is. .
Maybe there is a need about proofs first before He posted that,at least some researches or survey to prove this concern. 2017-; specifically December was the year of free advertising for bitcoin. Even a program like that of Ellen Degeneres (feb, 2018) not only commented on the news but gave it more than a minute, do you know how much that time can cost for any company? bitcoin got it for free.
Not to mention that 2018 in its first third continued to be world news.
I have not watched this episode of Ellen but if does?considering that this is the most famous talk show in the world now because Oprah has already leave the scene.
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There are several traces of newbies finding signals here and there to trade, but it is wrong. Believe me If you want to trade consistently and profitably just learn how to do it yourself no matter how difficult or how long it takes.
There is no wrong in listening or learning about some trading signals but let us not do as what they are all saying. many of them are just stupid and scams,but some are still legit and concerns about other traders. You can subscribe to signals if you're the type who wants to earn while you learn but long term.... Learn trading by yourself
Subscribe at your own risk,specially those paid signal because it is our money that must be spend rightfully .
But i absolutely believe and support the idea that we must learn our own ways,for our money to keep safer and no blaming others.
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Here are two most difficult use cases to trust in crypto space today
1. Real Estate crypto projects
Scammers are the main reason why these use cases are hard to trust because it's easier for anyone to use this usecase to fool investors by stealing fake estates, houses and building pictures to deceive people
There are still no clear project about real estate nowadays and to believe in such thing is suicide,and besides why need to invest in crypto real estate when you can directly invest fiat in this field of business? 2. Gold backed crypto projects
This is even more popular today than real estate projects, honestly if this use case are real imagine how many regulations this will need to proof to the world that an actual crypto project is backed by gold form a real gold company
Lol Bitcoin is a digital gold but to be backed up by real gold?that is not going to happen today and in the near future. The truth is this use cases requires good proof to investors before they can actually belief that the projects are real, many have lost money to fake real estate projects and fake tokens claimed to be backed by real gold
Good proof can be fakes,we know how scammers move ..the only thing that will save them is by exposing those project earlier before they can spread the community.
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well cryptos are just like that. After making some impressions during ico it enters in the market with impressive manner.But the time of failing comes next when the community realize that the project is nothing and just simply for hype or it is just simply hard to adopt because of some lacking service.
Thats what peoples impression couple years ago. Look at those same currencies that has been well impressed the Public in 2017 when the bullying is really indeed. But after that year when the Bear of 2018 arrive,everything fells down and they are gone like what waves experienced. I still have a few token waves, but I didn't check it for a year. when trying waves desktop wallet version I can't open it. How do I see my assets there? about prices I'm not sure waves will compete with tokens like ethereum.
It will not happen in Waves because this has no potential like what ethereum is. Better sell all your waves or let them die in your wallet.
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I had two clients from America I want offer graphics designing jobs for,
Clearly 2 Clients too small number. I demanded my payment would be in BitcoinBTC or Ethereum.
Foul because you don't have to demand instead just ask them if they can do the payment in Crypto. To my greatest dismay, they were dumfounded on what Bitcoin or Ethereum is. I am still suprised up to this very moment. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Know what?you must be thankful because at this chance you can let them Know what Bitcoin and ethereum is so they may invest or either use the crypto as mode of payment. I think you should consider this everytime that Crypto is just spreading and not totally known like PayPal did.
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Hello, few minutes ago price of BTC went from 8700$ to 9000$
I haven't searched it here neither googled it but how and why does this happen? Sorry if it sounds stupid. Does it have to do with buying? Did many people bought bitcoins that time? That's why it got increased?
Welcome to the crypto market Volatility mate,if you are serious about your question?then it will occur every hour or days?because this is a normal market flow and this serves as indicator that the market is Active and healthy. Imagine the prices of crypto doesn't move for a whole day or more?i am sure you will be in bad thinking if that happens. Not only in crypto market, just take the whole world as an example if more people are buying something particularly and there are only less people are selling it means the people who have urge to buy will pay more and will grab their product which is the thing happens with the crypto market price movement as well.
That is what the economy calls Supply and the Demand ,that dictates the market movement and the vaue of each currencies being traded in this market.
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my biggest regret was when i lost my private key for the wallet that i have a lot of asset!!i lost a big amount of crypto that time ![Lips sealed](https://bitcointalk.org/Smileys/default/lipsrsealed.gif) Seriously or this is just a story?Big amount of asset but you let it lost in single wallet? sorry but assessing you there is no sign that you are truly lose your crypro asset back then. One regret of mine was not being aware of what were the endless possibilities in gaining profit on the Cryptocurrency Industry. I was thinking that it was some kind of scam but if I learned early enough and be open-minded then it would have change my point of view on it. Another regret was not selling my first campaign salary. It's price really dropped real low and I really regret selling it late.
Almost half of us here has this experience mate,we regret the truth behind this market and specially Bitcoin. But lucky that at least we managed to make money still even when we fail in the past.
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This is an insult to His own reputation,accepting to be autistic ?damn I imagine how He can sleep at night knowing that you are a declared autistic? How many stupidity His depense need to do before finally accept that He is a Loser in this battle? This came out to be a little funny , Autistic? Is he mocking the community? Autism is no joke , I have seen people struggling day and night to do a simple task in regards to that , you don't have Autism if it suddenly appeared after death of your best friend when you are in your 40's.
actually this is not Him Mocking the Community but it is the other way around,because now we can Laugh at Him face to face knowing that He accepts to be the one .
The symptoms usually Begin at the age of 2 or before that , therefore I do think he would have had some support and proof regarding the same.
This Man is a proven liar so how can we expect them doing everything just to make things look like legit? He can even provide proofs of everything because He is a very rich and powerful person.
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I hope that Brain costume is enough for Him to predict the Future price of Bitcoin and that 180,000$ will become true soon. but we already knew that Tons of speculation already running here from so called "Knowledgeable person" . Bitcoin should trade above $180,000 after this last halving but it seems the covid19 has changed the equation. Bitcoin is not going to give more return the way it was in 2017. Bitcoin has established coronation with stocks and that has affected it volatility.
really?180k supposedly this year but because of COvid it did not happen? remember that the 2017 Bull run came from the 2016 halving meaning we are just in the beginning of the halving effect right? Don't lose hope there are so many things to come for all of us.
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I had remember that since the first time i enter this Forum there is a talk about that same thing ,Satoshi Nakamoto being forced by authorities to tell how they will get enter about blockchain and the tech behind this. But after years this is still an story and now there are Movie coming out? Which actor that usually just plays super-villians will play Craig Wright?
I am looking for this as well,Who can portray the life of CSW? maybe Jim Carrey ???lol..
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