Hello everyone.

I would like to write here my idea that change merit distribution system.

Currently we have few members beeing merit source, who are generating and giving merit poits to quality post writers.
In my Idea merit poits will be created by merit source by giving merit to chosen post (like now) and also to everyone who gave merit poits to that post beafore. That will make users to use their merit poits to good quality posts not only to their frends or alt accounts. In fact they will spend their time to search for new, quality posts to be beafore merit source with their feedback to poster. That will improve merit distribution and quality of merited posts.

What you guys think about it?

For everyone wanting to monitor MTGOX wallet i found nice tool.

https://www.cryptoground.com/mtgox-cold-wallet-monitor/

Few days after each transfer there is dump on market (mostly ).

Did everyone forgot about MT GOX? They still have 162 000 btc to sell. They was obey to wait till september till court will decide whats with them. But few weeks ago they moves 16 000 btc from their wallets. Few days ago they moved another 8000.  Why they moved it to exchange if they had to w8 till court will decide whats with them? Ivestors are scared that other 138k will be moved and sold on exchanges. Mayby thats pushing price down?

I think price wont be pushed to much north beafore MTGOX case will be closed.



I agree with you. That is also holding bitcoin at this moment. Correction still looks normal after december pump.

We are closer to moon every day. Also closer to end of 90% altcoins.

It will be like with .com bubble. Bitcoin will jump to 1 mil and then popp to 50-100k (my opinion ). In this scenario 90% of altcoins will die. Other 10% will be next google, amazon and facebook. Staying with us for years making better and better profit.

As you write in this topic i assume you readed whats in it. Tell me then how would you do your own review seeing my post abow. Or you just jump here to write anything to make your activity better?

Guys your research is worth the same as those payed rewievs on icoreviews pages. Why?

You need to realise that you will base on whitepaper/team/your expirience/code.

1- whitepaper - do you realise that you can write there anything? literally anything? You can read there that they wil do that and that and that in 1 month 2 month 3 month but is it true? Or maby they copied whitepaper of other currency not even changeing it and not going to do what they write there.

2- team - You dont know those people. Even if they work in google, they coomade firefox or java it dasnt metter. It is possible that those people dont even know that they are in team. Those name was just put on website.

3- your expirience - How many ico did you see from begining to hit market and 1 year after to see wich comes to be scam, moon or consodates much lower then ico price? You are realy that experienced to put money into something that can be in majority scam?

4- code - well i'm not that smart to see if code is ok. I think that 99% of you guys too. Also most of ico are just concept without code.


If ICO pay for rewiev to ICOrewiews pages at least they can affort that they are putting money to invest money. It makes it a little more safe to invest i guess Icoreviews page also puts his neck under that rewiev. After few scam reviews for 5 out of 5 point makes it unreliable.

Almoast every exchange have option to trade with USDT or TUSD. They are both tokens that imitates American Dolar (every USDT/TUSD was print when company recive USD to their bank account from users. Thats why they are stable. you can also convert it back to USD). USDT is more popular. TUSD i newer, less popular but it is subject of regular audits. Which gives investors feeling that it is safer (there was lots of rumors that Tether (UDST) is printing more than it should - more than it gets $$ and if anyone decide to reconvert their USDT to USD there will be not enought USD - but that's only rumors).

You can check on coinmarketcam if specyfic exchange has trading pairs with TUSD or USDT. I highly suggest you binance. Thats my favourite one. It has USDT pair with NEO ADA XRP BCC BNB LTC ETH and is close to aslo supprot TUSD.

And there are others less popular like TryNinja said:

You really think that 2000 cryptocurrencies are necessary? 100 is more than enough. In few years/month/weeks 1900 of them and 2000 of uncreated yet will die (propably when bitcoin will drop from 1 mil to 50k). Holding is good option in some cases.  But sentens "i hold beacuse i bought higher" is the most stupid one. Ill tell you secret. MARKET DONT KNOW WHERE YOU BOUGHT AT.


Make mistakes. Learn how to invest and trade. Invest bigger money and decide to hold or to SAVE MOVEY (not panic sell). When price is to low whait for it to recover. But do it consciously. Make your decisions. When you came to market with only 1 option. HODL. Your wallet will die with first wrongly chose coin.

Like Herbert2020 said. There is also panic holding. Witch is worst in my opinion.

Every expirienced trader know that he is not 100% right all the time. 90% anfter years. 70% after weeks. 50% after days. Holding in all situation leads you to have empty wallet beacuse each mistake will be holded till 0.

Its like Herbert said.

But to know in what situation you are currently you need expirience. Expirience is made by making mistakes. Not by sitting on 1 possition hoping for it to bounce.

We need bears and bulls. Good trader can profit on each markets.

Market also needs bears and bulls one by one. Longer bulls without bears means bigger bear waiting around the corner.

Beacuse binance become second largest exchange, burns its coin each quarter and makes its coin more and more usefull. Not beacuse it was under $. If it was 1000$ it will also jump 3000% to 30 000$. Its all about circulating supply.  

To who are you talking to? Experienced trader will know when to sell. Not expierienced trader dont have expirience to trust at. Its not so easy. Not alwais hodl is best option. Sometimes it leads to make 0 in your wallet.

Experienced trader will know when price is too cheap to sell and decide to hodl.

When you dont have expirience how would you get some if you bought once and stick to that decision praying each day hoping for it to bounce.

Start with minimum bet - 10$ - And make lots of mistakes. That's how you will get expirience to know when its best time to hodl even if price is going down. HODL IS NOT ALWAIS BEST OPTION.

After weeks of trading YOU will be the person who is buying (not even hodling)when others are panic selling making best profits.

Who gives you merit point for writing such a nonsense. Ripple (0.66$), NEM(0.31$), tron(0,07$ !), verge(0,05$ !), stellar(0,32$), Cardano (0,24$) with coin price much lower than 1$ are unpopular, new and risky? coin price means nothing.

https://bitcointalk.org/index.php?topic=3987913.msg37787537#msg37787537 - here i explain this.

There is difference beatwin bitcoin 4 years ago and current 1$ coins (circulating supply !!)
It is more possible for 1000$ coin to reach 100 000$ if its good than 1$ coin to reach 100$ if its shit coin.

Trends are made to be broken.



Look how many trend lines bitcoin broke. And there are manny to be broken. You think that yours is special? TA sais we are in short uptrend middle downtrend and long uptrend currently. It dasnt say when trend will change. You cannot predict future out of "todays short and long term uptrend." Tomorow you can see huge selloff out of 1 fake news and your lines will be rabish. You will sell then. I will buy cous i will know its fake news.

2 months after this fake news you will place line on this panic sell off dip, as it means anything for anyone except TA lovers.

You show us your special hidden trend 3 months after it beggins. Dont you think that 3 months is enought for short term trend and it can change every day? Thats the problem with TA. It shows you that you fucked up 3 months beafore.

If its hidden trend what would push price down when we will break it making "things may drop real fast." true? Who will sell then if its a "hidden trend" and noone is watching it? Whale would sell? Why not buy if after braking it price will be more attractive? It all dasnt make sense.

To be honest i dont say that TA dasnt work at all. In each TA buy signal there is small bounce. TA lovers are buying pushing price higher. What is happening after this small bounce? Whale/market situation/news/technolgy make decision where will price go braking supports (no matter how strong they are) or not.

Thats why hidden uptrend makes no sense at all.

Whales love TA. They know when volume will show and how to use it for their advange. Wanna buy more? Make sell order when coin is fighting with support. Break it and all TA lovers are selling you cheap coins witch you rebuy with profit.

999$

I've seen topics like "should i buy coin under 1$", "what coin under 1$ should i buy". Replies are most likely like this:

"coins that cost under $ 1 actually have a big effect in big profits. Because if you have a lot of capital you can get multiple profits and big your income"
"Remember this dude. ANY COIN in the Top 1-20 of coinmarketcap under $1usd can be called CHEAP.  Remember these coins might grew to $100 or even $1000 in the next few years. Remember ETH. It is only a few cents 3years ago. Invest noW!"
"it is too risky to invest in cois worth less than 1$"

I've never seen such a nonsense beafore. Thats why i decidet to create this topic. To prevent all of you who still pick yours coin by its price. And those who read posts like this above and make their investments.  

Coin price mean nothing. Literally nothing.

Price of token/coin is based of its market cap (marketcap - this is amount of money that tells us how much specific coin is worth) (THAT determines if coin is risky or not, if it will have space to grow and how much space) nad number of coins. token price = marketcap/ number of tokens.

During ICO companies sets number of coins to be distributed. It can be 1 coin (divisible for milions - like satoshi for bitcoin) or milion/bilions of undivisible coins. Its up to them. Why the hell you decide to compere coins by price if one cryptocurrency can have supply of 1 coin and other bilions of coin. You really think that each of them should worth the same and if one of them is cheaper and both do the same than you sould chose cheaper? Or mayby you sould chose one witch lower marketcap (numebr of coin x price of coin)

If price would define if coin is risky than Ripple (0,66$) and Iota (1.73$) will be more risky to invest than Maker (800$) Mixin (800$ set on 1 exchange with funny volume).

Its not like every newbie think...

If ill buy coin worth 1000$ and it move 1$ i would earn 1$ from 1000$
If ill buy coin worth 1$ and it move 1$ i will earn 1000$ from 1000$

Yea but its not the same move. 1000$ coin move 1$ every day. Even 10-30-100$ every day. Beacuse it move % of its value. Not cent by cent.

So if you'll buy 1000 coin 1$ each it will move to 1,001$ when 1000$ will move to 1001$ - giving you same profit.


Newbie said : I bought 0.1 btc i will not earn much
another newbie said : I bought 10 000 000 satoshi - ill be milionair soon

And thats the same amount and the same risk/prift

If IOTA become better project than bitcoin it will have higher market cap not higher coin price. If it will have higher coin price its marketcap will be more than 4 000 bigger that bitcoins. It will have 30 times bigger marketcap than whole S&P 500 (apple, facebook, amazon, microsoft, mcdonald and other 500 biggest america companies) - insane and thats only catching bitcoin (in price of token!)

Now imagine ripple moving to bitcoin price... No chance.

Whitepaper, marketcap possition, project, team, hype, whales, news - that decides if price go up or down and how fast. Not token price. Remeber about it and never chose your coin by its price.

Dont trust me? Go to coinmarketcap.com or coinchceckup.com and compere how prices are changing in top 50 coins. For example during last bear market 01.2018 - 04.2018. they all dropped 70-85%. Not 10% for 8000$ coin and 90% for 1$ coin.

Coin price mean nothing. Literally nothing.

"Ok my wallet is to risky ill sell my iota, stellar, cardano and ripple and buy BIT20 (worth 922k each coin), ProjectX (worth 90k each coin) and 42-coin (worth 31k each coin). With that high coin price it wont move much. With that high price i wont loose much if it dips"

Guys what are you all talking about. Coin price mean nothing. Literally nothing.

Coins under 1$ are risky?

Price of token/coin is based of its market cap (what determines if coin is risky or not) nad number of coins. token price = marketcap/ number of tokens.

If price would define if coin is risky than Ripple (0,66$) and Iota (1.73$) will be more risky to invest than Maker (800$) Mixin (800$ set on 1 exchange with funny volume).

You should never compere coin looking at their price. You will not make bigger profit on cheep coin (1$ coin)!

There is no difference between buying 0.01 coin woth 10 000 for 100$ and buyich 1000 coins worth 0.1$ for 100$. There is no difference.

Its not like every newbie think...

If ill buy coin worth 1000$ and it move 1$ i would earn 1$ from 1000$
If ill buy coin worth 1$ and it move 1$ i will earn 1000$ from 1000$

Yea but its not the same move. 1000$ coin move 1$ every day. Even 10-30-100$ every day. Beacuse it move % of its value. Not cent by cent.

So if you'll buy 1000 coin 1$ each it will move to 1,001$ when 1000$ will move to 1001$ - giving you same profit.


Newbie said : I bought 0.1 btc i will not earn much
another newbie said : I bought 10 000 000 satoshi - ill be milionair soon

And thats the same amount and the same risk/prift

If IOTA become better project than bitcoin it will have higher market cap not higher coin price. If it will have higher coin price its marketcap will be more than 4 000 bigger that bitcoins. It will have 30 times bigger marketcap than whole S&P 500 (apple, facebook, amazon, microsoft, mcdonald and other 500 biggest america companies) - insane and thats only catching bitcoin (in price of token!)

Now imagine ripple moving to bitcoin price... No chance.

https://www.binance.com/clientDownloads.html

But go to their homepage and at its bottom there is "download" button. Never trust links from other users.

You wont spot them if you are new into crypto and trading. Thats why we all suggest to chose high volume exchanges and well known coins. If you are newbie invest minimum amout of money on assets with relatively small risk. Otherwise you will wake up 1 week after first buy without money to trade.

Newbies makes lots of mistakes. Each one shrinks wallet. Make sure to minimize your "learning cost"

First of all take a look at spread. Lower volumen means higher spread. On Etherdelta spread is sometimes 100% or even 1 000%. It means that if you buy on market price and immediately sell you will have 1/2 to 1/10 of your input money. there is no room for mistakes.

Chose high volume exchanges. https://coinmarketcap.com/exchanges/volume/24-hour/ - OKEx, Binance, Huobi. I love binance. I use it since half year and i can't imagine my trading on any other platworm. I higly sugest you this one.

You have to chose if you wanna trade or invest.

invest - lots of reading. You need to be 100% sure that you want to invest beacuse you have to stick with it when it dips. Be sure of fundaments of token. I invested in bitcoin and with that bitcoins im trading altcoins to incrise its amount. Im not scared of bitcoin drops. I know it will recover. Sooner or later. And with my trade i have more and more bitcoin (my investment)

trading - you have to read charts. Know market and know other investors. Be better then them. There is no path.You have to buy when other have full pents - when they are scared and sell when they begin to regret they sell.


edit: Binance has also great windows/mac app and mobile app. Also web interfase is ok. It is also sharp. I mean that when you place order it immediately is on market. No delay. It also has smalles fee i've seen (0,05% when you have bnb on your wallet)