Latest posts of: sieemma

Tax on crypto will mean a support for crypto by governments which will help to maintain crypto's reputation in the world so I think tax will be okay for us and not any harm for any of us crypto enthusiasts.

Bitcoin and other cryptocurrency involvement are just like another way of saving our monies. The only difference is that bitcoin is a virtual currency and fiat is what we see in our everyday lives. This is not gambling at all because some of us use it to pay for good and services and not just hodling it for profits in the future.

I agree with OP because no government is willing to accept crypto with is a trustless currency and everything done will be seen by the public for criticizing purposes and hence will limit their ability to steal our monies

. In fact, these politicians fear blockchain technology and only a few a ready to accept blockchain tech.

Well, I do not see much difference in them when considering the fact that they are all media for exchanging currencies. The only difference is that one is digital and the other is fiat. Cryptocurrency is highly volatile but in trading, I think it is the best due to the fact mentioned above. One cannot make good profits from trading with stable currencies. The up and down movement in price of currencies give way for trading profits.

Bounty campaigns have been the source of income for most of us here who do not want to work under anyone but on our own, although doing bounty is the same as working for someone to get paid Cheesy

. Legit bounties pay a handsome amount of return to participants so I do not see any wrong with doing this overnight.

It is clear that ethereum has got competitors but that doesn't mean they are going to kill it. Bitcoin has got over 2000 competitors but still the leading cryptocurrency in the world. I really believe in ethereum and I support vitalik's ideas.

Although people say litecoin is an improvement for of bitcoin protocol, I do not see anything special with it and wouldn't choose it over bitcoin. And there is no coin that can make an improvement to overtake bitcoin in these crypto race that is going on among cryptos.

Without altcoins, trading will not be possible so I see altcoins as another useful cryptocurrency in the crypto space. Most exchanges do not offer OTC trades so we wouldn't have been able to do our normal tradings and btc would have been very difficult to get if it were the only crypto. New members can start up with new coins and when they get profit, they can buy some bitcoins and enjoy.

I do not think giving bitcoin a name or classifying it into any of the financial terms will make bitcoin how it is now. Bitcoin is how you see it and use it. If you want to take it as an investment package and earn from it in the near future, no one will harm you for doing that. Some may also love to have it because they can use it to purchase some stuff online without worrying about credit cards and in which sense, they do not think of investing but a currency(medium of exchange)

You will only cry if you just followed the crowd to invest in bitcoin. Many people have different reasons for investing in bitcoins. Those who enjoy are those who plan to hodl for a long term. Many think they've lost the principal when they see bitcoin fall below the price at which they bought it but it isn't so. Ever since bitcoin's existence, there's been always profit for hodlers. Do not be shaken, bitcoin will surely cross the 20K zone soon. everyone is interested in bitcoin just that they are late and they want to use some means to get bitcoins at cheap price but do not panic.

It will be too early for me to quit now. I am learning from the losses and little gains, yeah. Nothing can prevent me from quitting this task I have taken unto myself.

Yeah, all coins dump again. Join crypto signal groups and see how they advise their members to dumb altcoins and buy btc. I am not that surprised to see it that way because there are more influencers who control the prices and they decide which coins they should buy at a particular time. There will be a good time for alts so let's keep waiting.

Although some of us are not stable like the way the market isn't stable, we are sure that it won't remain like it is now. The best we can do is to keep panicking if we want to and then expert something good in the coming future. It will be the end only if we all decide not to trade bitcoin but that will be difficult to achieve looking at where bitcoin has gotten to.

Quote from: Lionheart001 on August 02, 2018, 06:25:56 AM

Masternode coins are mostly scams. I won't advise my enemy to invest in one. The probability that you are going to lose your investment is 1. Go and check the ATH of all masternode coins in the market and compare it to the present price, you will get an idea of what I am saying. Stay safe mate, the night is full of evils

You seem to be right. Of all the masternode projects I have done, not a single one has profited me. I made losses too much from masternodes and now I think it is best to advice others from joining. They start well and end very poorly. Be careful if you want to go into masternodes unless you are very smart ....

Whether people want it to be true or not, bitcoin will one day become the means through which everyone will use to purchase things over the net and will gradually extend to shops and then our physical world and now we will all be using it. The process may take some time though but I am hopeful that it will happen.

Ethereum is back to the 200s again. If I were to predict about what it means, I would say ethereum will see a massive improvement in the coming bullish market trends. One opposing force is that last year, eth at 200$ was an upward trend for it but it seems this year, eth is all the way from 400$ to 200s again which they claim to be a bad sign of eth's end but I see it the other way.

It may seem so but if you have patience, then you would see that fate isn't lost yet in crypto. Crypto has just got the attention of the whole world and everybody is busy looking for ways to get some considerable amounts. It is better to get some and forget about it in the meantime. You will smile when the time comes.

Quote from: ti4c on August 16, 2018, 09:56:18 PM

With the way the market has been since this year has been very scary, especially for people with large investments. Even if you are an experienced trader, there are some point to which the market drops and you check your portfolio and get shaken at least a bit. I thought the market would have recovered by this time of the year.

If you really study last year's price trend, you will realize that the current trend in the market was the same as last year's. The only difference is that last year, it was in 1Ks and 2Ks but now 5K, 6K, 7K and 8Ks. This is what people do not understand and get confused that bitcoin has reduced in price. We are growing each and every year and this year's price is what we see. Next year's price range is expected to be a little higher than this and we will see the ups and downs again. So most people see this trend as normal and not any threat to bitcoin or crypto in general.

When talking about the one which is safe, I will go for bitcoin and never like to choose an altcoin in my life. Altcoins are just there to make us rich for some short period of time. Some even die off after a quick boom but bitcoin never gets to such low prices even though people complain that the price is too low. Bitcoin will always rule the crypto-world.