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581  Economy / Economics / Re: Why I am quitting ICO's on: February 26, 2018, 02:09:25 AM
I was 'unlucky' to miss out on a few ICO's besides the ones I was able to participate in. Afterwards I am glad, since I was able to pick most up at a fraction of the ICO price.

Though I can get a bonus when I buy during the ICO, there is still a chance I would be able to buy the coin at a discount when it is already in the exchanges because of the dip may it be temporary or not so I prefer to buy the coin that I like when it is already in the exchanges. Price would dip upon the launching in an exchange because of various reasons may it be the whales dumping their coins or the bounty hunters selling their shares. This would be a good opportunity to buy the coin especially if it drops below ICO price which is happening now to most ICOs launch recently.

p.s. when a Telegram has over 20k subscribers all screaming 'when lambo' with endless rows of animated gifs, you may also wonder if this is a serious block chain solution which will revolutionize 'x' Smiley

So many telegram messages and most of it I can see are "when exchange" without even bothering asking what are the developments of the project then I also wonder if they are more concern of the use case or the short term profit. Sometimes it is much better to join those channels that have few members because they are talking about the project and not about when would be the next hype of the coin.

582  Other / Politics & Society / Re: Any idea for poor people? on: February 26, 2018, 01:34:02 AM
As we already know there are a lot of poor people in every country of the world, they surely do not have access to the internet and as the digital money is changing the world people are debating over the existence of real money all the virtual money. And as we know the government and the banks are printing more and more money which is reducing the initial value of the physical currency and all of this is going to be most painful for them. So now people are switching to the digital world so what should we do for the poor peoples should we make a system or let them take their life. I think if somehow we can make them literate then that is going to reduce the number of poor people in a country.

This is a job for the government but in our small way we can help the poor people by organizing events that may help them somehow uplift their living conditions. Giving them money would just be temporary but letting them learn something to earn money for themselves would be better because if they can't help themselves then you cannot help them as they will just always depend on you. You can organize seminars about livelihood projects in cooperation maybe with the government so that they will know something for a living.

Obviously, only a few of them have access to technology so it would be hard for them to have access with digital money but if we can help them earn money then they will be able to study technology because it would be one of their priorities now.
583  Bitcoin / Press / Re: [2018-02-24]Gifting Bitcoin Is One Way a Person Can Avoid Paying Crypto-Taxes on: February 25, 2018, 02:50:05 AM
Gifting a Friend in terms of bitcoin will let the person avoid the cryptocurrency taxation. Same, when the receiving person go in search of a product for purchase and doesn't get in exchange for bitcoin surely he needs to cash it out. In this regard tax gets levied. Until we gets direct usage of bitcoin same as fiat we can't find solutions for avoiding taxes.

One way or another, there would still be tax because there comes a time when he would need to cash it out to pay something as we know, bitcoin is not just accepted anywhere so tax would still be there. The one that would benefit in this situation is the giver since he can have it as tax exemption but up to a certain amount only. More or less one bitcoin would be considered as tax free.

As a citizen of a country, it is an obligation to pay your taxes because it would be a big help for the development of your country if use properly. Some may evade paying taxes from crypto earnings but I would rather pay it in time than be caught and be penalized and that would be more expensive.
584  Bitcoin / Legal / Re: China will block all sites related to cryptocurrency and ICO on: February 25, 2018, 02:25:48 AM
China is the one to blame when the bitcoin price crash before because they always say that it will be banned and then later on retract their statements. Later on, some people get over it but others do not wherein every time it says ban, bitcoin price still goes down until such time when South Korea and Japan claim its crypto market share from China so China do not have that impact anymore when it says ban. In fact, it maybe good to the crypto world that they don't want to be involve with Crypto anymore because as what others say, when something is block by China, it becomes more popular like Google and Facebook.

The manipulators now use South Korea and Japan instead in spreading FUD to make the price lower and of course, there would be an impact because they have huge market share but we can see that after some time bitcoin recovers. It is just sad that some Chinese would not be able to trade crypto anymore unless they go to other countries.
585  Economy / Marketplace / Re: I wanna make a poll about investor behavior on: February 25, 2018, 01:59:25 AM
Yesterday I read a post about investor who put about 120k $ into crypto (mostly into NANO) buying at all time high but due to price decline and hacked exchange lost his savings. That gave me an idea of doing a poll about investor behavior, for example how much money do you put in crypto on a monthly basis, what`s your best source of information, do you read whitepapers and doing own analysis or just rushing for a quick buck, where do you store your crypto etc.

How do you feel about it? Would you be willing to fill it so we could map an individual crypto investor and see what are his goals, how he reacts and what does it all mean to him? Cause I see that all warnings and statements are still not heard by many.

Write questions that you consider relevant, I will combine it with mine, make a poll and present results.


First, you need to know the audience you are presenting this kind of research. You may want to know what their status, job, age, country they are living in etc. so that you can tailor your questions according to what kind of people they are. You need to have a specific purpose first why you are doing this kind of poll or research. Is this for a school project or for investors? Through this way, you will know what specific questions to ask your poll participants.

You may want to add questions like what convince them to invest in cryptocurrency. Is there anyone who convince them or is it just themselves who have done their own research about it. Did he hear or see it in television or social media. Does he know someone who also invest in crypto. What is his answer when someone ask him about crypto and would say it is scam? These are just some of the questions I can think of aside from your questions stated above.
586  Economy / Economics / Re: Is this basically just another way to make money? on: February 24, 2018, 06:36:19 AM
For now, it would be just another way to make money because blockchain technology is still in its introductory phase. There is an opportunity to make money so why not take advantage of it. There are many projects that if use by majority of people would be a big help because it can make their work more efficient and access to the data would be fast and more simple.

However, only a few use this now so we cannot see yet the potential of it. All we can see is the price of the coins use in this projects and speculate to make money but if majority use the coin for its actual use then there would be less volatility. Later on when majority of people use blockchain then we can see that actual use case of the projects will flourish.
587  Economy / Trading Discussion / Re: What to do if you lose $2,000 in trading? on: February 24, 2018, 05:51:16 AM
c. Never stop trading – If this single defeat dictates me to stop then the real loss will happen. These circumstances should ignite us to continue, make this experience to hungrier for success.

A lose is a great way to learn that's why if you lose, you should evaluate yourself why you lose and then learned from it. Success is a lousy teacher as what they say and you will only truly learned from your losses and failures in life. In trading, losing is part of it and you will know what are your strengths and weaknesses if you experience it. Use it as a stepping stone to go higher and then achieve that dream of being a profitable trader.

When I am just a newbie and lose more than half of my trading capital, I accepted the fact that I am not for trading but then later on, I am just hungry for it and think of a way to be profitable because if others can do it why can't I? I decided to learn more and I discovered that I can't control my emotions when trading and the only way to manage it is to continuously trade and I can feel I am able to manage it now. So I completely agree with never stop trading.
588  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency education in high school on: February 24, 2018, 05:04:16 AM
This high school in New Jersey is already teaching its students about cryptocurrencies.

https://www.cnbc.com/2018/02/07/bitcoin-education-at-high-schools-and-colleges.html

This is good news because the new generation would be aware then of the new innovations. It is an undeniable fact that blockchain technology would be a great help for businesses if use properly so it would be just right to include it in their lessons aside from entrepreneurship and tax. Good move for their school because more and more universities are including blockchain as a course so it would be a great way of introduction to them to the world of blockchain. When they are already studying in university then they would not be in the dark as to what it is about because they already learned it.
589  Other / Beginners & Help / Re: Why do people buy bitcointalk accounts? on: February 23, 2018, 04:04:54 AM
Hey all,
im sure for all of you this is a silly question im just really curious, i pretty much lurk the market place forums when im looking to buy or sell things just wondering why people spend so much money on BCT accounts?

Some people want to buy an account because they want to participate in campaigns. If you are a newbie and wanted to rank up immediately then you need to buy an account unless you will never be able to rank up if you don't have the required merits and you have to wait for sometime because your activity will only be added with 14 even if you post more than 14 in a two-week period.

Before, you just have to post and wait for sometime to rank up. You will be a Jr. Member after a month but now, there is newly implemented rule to rank up which would include a required number of merits and you can only earn it. If you do not reach that number of merit then you wouldn't be able to rank up which would lead to people to just buy accounts. Higher rank means higher payment in signature campaigns and in other bounty campaigns as well.
590  Economy / Economics / Re: Bitcoin help out of school youth... on: February 23, 2018, 03:06:43 AM
Do you think Bitcoin can help out of school youth to finish their studies or not?
For me in some other way yes it will help . It will help young people to gain insight on how to earn money and how to value the money they earn. But it may also be the reason to them for not continuing their studies because they earn already a lot of money on bitcoin..

Definitely! It can help out of school youth because the usual reason why they can't study is financial insufficiency. If they will be able to earn bitcoin then it would be a big help to them to get back to school. I believe in this forum alone, there are students that are earning bitcoin or altcoin and use it to finance their studies. May it be earning bitcoin or fiat, once a person is willing to study then he can find a way as long as it is not through illegal means.

There are various millionaires that didn't finish school because they are busy building their company. One famous example is Mark Zuckerberg who drop out from Harvard University. He has an opportunity to finish his studies but he didn't because he focus in his passion. If you decided to not continue your studies because of bitcoin and its your passion then it's up to you but just remember education is the only thing in our life that cannot be stolen.
591  Bitcoin / Bitcoin Discussion / Re: The Effect Of BitCoin Fees Dropping Significantly on: February 23, 2018, 02:31:21 AM
The low fees (and down the road, a successful Lightning Network) should definitely take some luster away from altcoins that are focused on fast, cheap payments. I expect on-chain fees to rise again, so it's a good idea to consolidate ouputs now while fees are low.

Though the lightning network may drop the fees further, nowadays would be a good opportunity to transfer bitcoin because the fees are lower. Many opt to change to other currency first before transferring paying trading fee but now, they can just directly transfer bitcoin to bitcoin because of the lower fees. Supporters of other coins that always use the fee as a reason to degrade bitcoin just can't use that reason anymore nowadays and this would be good for bitcoin community.

Price of bitcoin I think is also one of the reason why the fee is low and network is not that congested because bitcoin is still recovering and now back below $10k so there isn't that much motivation and hype to make others buy it again creating a network congestion. I believe segwit has been one of the reason as well for this low fee.
592  Bitcoin / Press / Re: [2018-02-21]Bitcoin Transaction Fees Decreased Several Times on: February 22, 2018, 03:44:20 AM
Just sent bitcoin and happy cause the fee has decrease tremendously. I just sent a small amount so it is favorable for me because the fee didn't take that much of the whole amount and if ever I sent it months ago then the amount that I sent would have been all just fee. I believe segwit has been a big help as well for the fee to decrease. Some campaigns in here are using the segwit wallet which has lesser fee than the legacy wallet so even though it may be just a small part, it is a big help as well.

With the implementation of the Lightning network, the fee would become lesser and more people would use it which would be good as the demand and price of the coin would increase. The anti-bitcoin cannot use bitcoin fee anymore as a reason to talk bad about it.
593  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Invest in ICO or buy BTC? on: February 22, 2018, 03:08:57 AM
Depends on your funds. If you have more funds then better spread it out. Buy BTC and invest in ICOs. If you buy BTC and you want to increase it then it would be better if you would study trading. Trading is profitable if you know how to do it. However, do not expect to be profitable immediately because it takes time to learn. If you can see others who are profitable in trading, they probably spend years studying the market so they know how to manage their emotions. You also have the option to just hold bitcoin and wait for it to grow in value if you don't have that much time to study trading. You would just be purely investing which is the conservative way.

If ever you decide to invest in ICO. Research first about the coin and its developers. In this forum alone, you would have an idea about the pulse of the people about an ICO if you read through their comments in the announcement thread about the ICO. Check its bounty too if there are many participants because the more participants the ICO has, the more in demand it is. Check as well the use case of the coin if there are any competitors or is it a new idea that has potential to solve some problem that would be a big help if used. Read the whitepaper. As cliche as it is, invest only what you can afford to lose.
594  Economy / Speculation / Re: Major mistake all traders make on: February 22, 2018, 02:44:08 AM
It is not so much about placing dumb stop-loss orders or other trading techniques aimed at minimizing losses as about your mental disposition or general attitude to immediately get out of what can be loosely called a decision limbo when you basically don't know what to do. In other words, search for the exit where the entrance is and do that fast.

This is why a trading plan is important before making a trade. Many people do the mistake of just buying a coin because he read and heard somewhere that it's a good buy so he bought without even bothering research about the coin and what is the position in the market. He would only notice afterwards that it's a mistake he bought that coin when it dumps and he finds out it was pre-pump. This is usually applicable in altcoins.

Panic buying and panic selling makes the market movements rapid that's why many traders have bigger losses when this happen because they don't know when to exit and if ever there is still a chance to not be in a lose, they would still hold the coin hoping that it would go up more becoming more greedy only to see the price continuously go downwards.
595  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitlfinex scam on: February 21, 2018, 03:42:58 AM
People who are thinking that they can have free money are the ones who fall for this scam. There is too many scam in this world that you shouldn't believe anything you read or heard in just one glance. You should always be vigilant and red flags should always be raised when there are things like this. There is always a catch when someone is giving you something for free. In crypto world, we are used to airdrops but if it involves sending coins to get more then it would be another story.

Scammers exist because there are people who fall for it. Somehow, the ones who are scammed can be blamed as well because they are not vigilant enough to know that the account is fake. Thank you OP for the warning though.
596  Economy / Trading Discussion / Re: HOLD by TRADE , that is possible? on: February 21, 2018, 02:53:59 AM
Hello my friends, I am a newcomer to the Trade and I have been Holding the potential coin. I realized one thing I could increase the amount of coin hold by trading them, for example I hold 100ADA then I sell for 0.6$ buy back at 0.56$. I have increased the number of coin. Be sure to buy the right one if you do not reach the target, and the last target is the one you want to target. That's the experience I've been drawn to, how do you feel? Can you trade more effectively?

This would be called swing trading if you intend to buy and sell a coin for a short period of time. Instead of just holding your coin and wait for it to increase in value for as long as you want, you would buy and sell it resulting to holding more coins if you would be profitable in your trading. Many would say just hold it because it is risky to trade but then how can you learn how to trade if you don't try it. Just do it and if ever you lose then take it as a lesson so that you will not make the same mistake again in your future trades.

P.s: I have a post for some of my new friends to refer to: https://bitcointalk.org/index.php?topic=2777983.0 , you have some advice for them, let me know by commenting on that, and this post is about the best way to trade.

The question is about being a newbie that should be trading or not. I would suggest to trade but first learn the basics of trading because I have seen some people who just buy bitcoin and then ask a bunch of question how to do this or that. They don't search first if their question is already answered and before you put your money into something, you should already know the risks involve and what to do with it. I just hate it that they are asking what is bid and ask, what is trend and consolidation etc. There is google and it can answer all of their basic questions. Besides, if you are really interested in trading then you should just start but learn the basics first. You can never get past being a newbie if you don't try.
597  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: ICO Signature Campaigns - Results and Benefits on: February 20, 2018, 03:19:03 AM

I would like to know from people how much benefit they gain when they started the signature campaigns for their ICO projects.

Does it really worth it to spend in Signature campaigns ? Do people really invest in the ICO seeing the Signatures ?  or it is only the participants who gain small amount by writing posts.


Yes it is worth it to spend in signature campaigns. Many people do not visit the altcoin section and announcement thread because they just want some information about bitcoin or only concern of earning bitcoin so it would be good if your ICO would be seen all over the forum. The first thing that I notice when I was new in the forum are the colorful signatures so make sure that your signature design would be attention grabber and not an eye soar in order for the people to click it and visit your site.

If you want more people to wear your signature then pay in bitcoin because it is paid weekly as oppose to signature campaigns paid in altcoin section which are usually paid after the ICO and some people can't wait that long because they needed some money. A high rank member would also have a weight in wearing the signature so if you pay in bitcoin, some high rank members would participate but if you pay in altcoin, maybe only a few high rank members would participate. You can also pay in bitcoin and altcoin because many ICOs are doing that now.
598  Bitcoin / Press / Re: 2018-02-19 COINDESK - THE PROBLEM WITH NOCOINERS on: February 20, 2018, 02:43:18 AM
There would always be people who would be jealous of others who were able to achieve something and instead of being inspired by what others achieved, he would resent the person and then talk bad about his achievement simply because he wasn't able to join when there is an opportunity. Nocoiners are the ones who are wishing that something bad would happen to bitcoin and during the recent correction, many of them are smiling because they can't wait to tell the bitcoiners "I told you so".

They are given the opportunity to join in when it was cheaper but instead of joining, they are more convince to not join because they "knew" it would be worthless eventually and thought that they made the right decision only to find out after a few days that it increase and if they bought then they are in profit already and miss it out again.
599  Economy / Trading Discussion / Re: Is technical analysis useful? on: February 19, 2018, 03:23:14 AM
Do you believe in the reliability of information obtained by technical analysis on crypto-currency market?

Yes, I believe in technical analysis combined with fundamental analysis and price action/market sentiment. It help me a lot in speculating the possible support and resistance of a coin. Technical analysis is mathematical formula and it is effective simply because majority of traders use it so somehow you will have an idea of what are the traders reaction would be when that price is hit. For example you plot a fibonnaci retracement, you can see in the price history that price tends to bounce when it hit those prices or near it depending on the time frame you use so you will use it as point of reference and the next time price is in that area then you know that you should pay attention for a possible bounce or break out.

We know that news has a big effect on the coins and if you pay attention to the price movement like when the price is in all time high then you can plot a fibonnaci extension for a possible resistance area and know when to take profit. Others may just tell you to hold when the price goes down but it would be better if you got free coins when you sold higher and buy the same amount of coins when the price is cheaper.
600  Bitcoin / Project Development / Re: DOCADEMIC -Free Telemedicine & Blockchain achieved FREE BASIC HEALTHCARE FOR ALL on: February 19, 2018, 02:54:06 AM
I'm hoping you'll succeed with your project and be able to help as many people as you can. I didn't know that an app like yours exist and I will be able to talk to a doctor in real time without paying which is just great. There are many countries that are short of doctors and some travel to far places just to consult a doctor but with your app it would really be a big help. I hope your service would extend to the rest of the world and maybe if this goes big then you will have doctors in each country you have service with.

Blockchain technology is a big help in this kind of project because data would be accessible then and with your plan of an AI to help the patients resolve their health issues then that would be awesome. It would be an efficient way to deliver a fast service.
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