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5941  Economy / Marketplace / Re: Have you ever bought a product with Bitcoin and what do you want to buy? on: January 15, 2019, 09:39:24 PM
Yes I have done that like four times in the past. The first time was buying a Fire 7 Tablet from purse.io and I got 15% discount from the site (they give 15% on any Amazon product you buy, not a new thing). Second time I also bought a product through the purse.io, and the third was buying some stuffs from someone I met on a forum and paying with Bitcoin. And the last one was between me and my friend.

I have never had to buy anything for bitcoins. All this time that I’m in crypto, I’m investing in bitcoin and some other cryptocurrencies.
I guess you do not mix up things like collecting cryptos and testing it for a time on purchasing something. Because every bitcoiner might prefer to experience bitcoin spending in real time. But, it is purely dependent on their residing country. I wish you to have an experience soon.
5942  Economy / Economics / Re: Early BTC price standard on: January 15, 2019, 08:30:53 PM
Are you wondering on such a low value for one bitcoin or something different thing you are about to ask here ? Most probably you are using the term "standard" from google translator.

Bitcoin was valued less than a dollar till 2011. The price level of $1.3 was from the period of April to June 2011. Just google to know the historial prices of bitcoins. It did not directly get its value into what we have today. It started from zero (in 2009) to $19500 in 2017.
5943  Economy / Economics / Re: Blockchain Adoption Is Pushing Up Salaries for Related Jobs on: January 15, 2019, 07:39:19 PM
It is obvious when more people are adopting one particular technology then its developer will find big boom in real time. I am just looking into this scenario on possible impact into crypto markets. Probably that will be possible when blockchain developers will be demanding payments in BTC or in major coins. This also may happen slowly.

But, I am seeing corporates start working on blockchain technology but not ready to assess bitcoin and its advantages. After blockchain adoption, they may start realizing benefits of decentralization and that must be point where crypto adoption will begin.
5944  Alternate cryptocurrencies / Altcoin Discussion / Re: Is there any chance that XRP can defeat BTC? on: January 15, 2019, 06:59:15 PM
XRP defeated ETH again. Is there any chance that XRP can defeat BTC too in the future?
XRP is a really good coin, but I don’t think it will ever reach a level to be able to compete with Bitcoin. It remains an altcoin and the best it can do is to keep oncompeting with Ethereum for the second position or it might even take the second position from ETH and stay there till another good coin comes in and take that position from it. Bitcoin is the main cryptocurrency and altcoins cannot compete with it. People once said the same thing about Ethereum but it didn’t work.

But many times I have seen that most veteran people from this community never agree to adopt ripple as they are not ready to believe into a corporate coin. But, I am not seeing anything wrong to adopt a coin for short term trading purposes. I will buy and sell and then I will forget. Need to bother core concepts in-between ?
5945  Alternate cryptocurrencies / Altcoin Discussion / Re: Constantinople, the only ethereum hardfork on: January 14, 2019, 07:56:52 PM
Ofcourse everyone knew and was aware that Constantinople is the only hardfork which involves corrections and solves scalability problems

 But few people tried to gamble on those other tokens in the plan to hit and run
But they got phished
So unfortunately
No, there are about three Ethereum hard forks, but Constantinople is the major fork. I have been following up with it and I learnt that there are three which are –Classic Vision hard fork, Ethereum Nowa hard fork and Constantinople hard fork which is the major thing. So you can see that there is not just only one, but three hard forks. The only thing you should focus on is the third which is Constantinople, forget about the other two.
5946  Alternate cryptocurrencies / Altcoin Discussion / Re: How to avoid Dump after listing on: January 14, 2019, 06:19:05 PM
the universal solution must be, having good concept for your project and keep promoting all your development with proper proof. When people will be seeing your progress along with your roadmap then no one will prefer to dump but at the same time will rush for buying.
You just said everything. When a project is attractive enough, how people will go for dumping it. Even dumping will be happening (for some other reasons), when the project is promising one, more people will grab the cheaper token so that it will bounce back at no time. Like you have mentioned, we cannot do anything about preventing dumps but we can make the project more attractive so that more buyers will come-in to compensate those dumps.

Not giving away tons of tokens for free or almost for free.
Must be a practical solution but most projects are going for free giveaway and huge of bounty rewards for the reason of gaining more popularity among crypto community. They are giving out when they themselves not aware of how much worth their tokens will be. Still by comparing with ICO prices and bonuses, they should set limits so that they could prevent future dumps.
5947  Alternate cryptocurrencies / Altcoin Discussion / Re: Listing on exchanges has no effects anymore on: January 14, 2019, 03:42:53 PM
Time has pass when news or listing pumps price of a coin,it isnt 2013 or even the same climate as 2017. Newer projects are building some serious patforms that take time. News  cant just make a coin pump anymore, neither do exchange listings. Look at coins like Tron etc. being added to a new excahnge everyday. doesnt do anything. Its about results. No point in launching news in crypto environment, Hopefully you guys will join good projects with better future results....2019 is the year
Listing on an exchange never had any real effect anyway. People could pay exchanges to list their scam coins all they want, there are coins in my country that is starting up every single day and there is couple local exchanges based in my country who take 8 bitcoins for listing on their exchange and whenever someone posted that there is this new amazing coin from our country and tried to move us with national pride or whatever I always checked if they were listed on that exchange and if they were I knew that they just paid to look better and that coin should not be taken seriously.

I know bigger places like binance does it too but at least they do have a lot of volume as well and when you are listed there it is much more important than just showing off how you are listed.
5948  Economy / Trading Discussion / Re: What coins do you like to trade the most? on: January 14, 2019, 03:08:34 PM
I think the easiest choice is bitcoin and ethereum but I also enjoy BNB a lot .

Bnb gives me the feeling of actually being part of the exchange and allows me to actually provide a sense of worthiness when you have a lot of it and thanks to that I can both trade other coins for cheaper and when it gets burned the price gets higher as well (a bit before the burn actually, not after the burn).

That is why BNB has been my favorite coin for a while to trade, I usually see the price every single day and I know where it moves during the day and night and see how high or low it can get daily and without a major thing going on it just moves between two numbers constantly just like bitcoin does usually and when you trend watch smaller coins like BNB instead of bitcoin you can make a decent amount of money from it.
5949  Economy / Trading Discussion / Re: New to crypto trading - Is now the time to get in? on: January 14, 2019, 02:01:29 PM
If you are interested in going into trading or just buying cryptocurrency the best advice is to make a small deposit. By doing this, you don't risk much at all. On top of that, you can see if your interest grows or not.
It is always good to start with small capital because it will ensure your peace of mind which will be helping you move further. Most people are making big mistake in that stage. They are depositing big capital and then finding frustrating experience due to unable to manage different asset and profit/losses.

There are too many beginners that are looking for THE perfect timing to get into a market. Real traders are just looking for ONE opportunity to get into the market because there is no such thing as a perfect opportunity.
I'm not finding anything wrong in waiting for perfect time to enter into crypto market because if you have strong technical analysis then you can easily find bottom of the markets so that you can enter at the time. It is always good to wait rather than struggling later.

Trading is a lifestyle or a hobby and you either like or you don't like it. If you don't like it you should by ETF or similar products. If you like trading, just start to trade.
We must have clear idea of what we should do before touching anything. I'm just stating commonly but it is applicable for entering into trading also. I mean to say we should have clear mindset so that we can find success in trading. Trading itself is a very big struggle but we should not have confusion of going for trading or not. We must decide clearly and then should enter.
5950  Economy / Trading Discussion / Re: What is the best Bitcoin robot? on: January 13, 2019, 04:06:06 PM
I had a go at using The Bitcoin Code robot and I was promised it would win 65% of the time. I decided to give it a go and in the event it happened to be a flat day on the cryptocurrency market and it made 10 trades only five of which finished in the money. And the losses where bigger than the gains. I didn't really think 65% sounded like what I call very consistent in the first place.
Never believe into any trading bot. Because they are all just pre-programmed codes for certain market conditions and they will never react for your new condition as market is always known for unknown things. In my opinion, trading with bots is very much similar to gambling.

Because, you are believing in to someone else's skills and programming knowledge but not definitely on your trading skills and analysis. It is always proven if you go with the help of third party (in any form) for your trading, results may not be up to your expectation most of the times. Believe into your trading skills and if you are no confident on yourself then go for learning and practicing new techniques. Without that, trading with the help of bots is very dangerous for your capital one day or other.
5951  Economy / Trading Discussion / Re: other exchange places, other than poloniex on: January 13, 2019, 02:17:19 PM
People are focusing on which exchange to select too much, binance and bitmex is already up there as the best exchanges who do not scam their customers in any way or shape so there is no point of looking for any other.

If you are looking to trade in some smaller exchange because it has one of your favorite coins and big ones don't than just trade there a small number and withdraw the coins to a wallet to be safely secured, otherwise anytime you are not trading anywhere not binance or bitmex you are really putting yourself in danger.

Even coinbase who makes millions of dollars from trading fee's constantly has trouble with its customers and KYC deal and making peoples money locked in their accounts, the way these companies make money goes beyond the trading fee considering they have tens of hundreds of millions of dollars in their account almost all the time and rarely people withdraw from there which gives them option to reinvest their money into stuff that would make money for them while not spending a dime of their own money. Binance and bitmex is not like that, go with them.
5952  Economy / Speculation / Re: IS IT TIME TO BUY MORE BITCOIN? on: January 13, 2019, 01:26:21 PM
I think clearest choice would be yes considering bitcoin is as low as it has ever been (or close to it) right now bitcoin is closer to 18 month low than high, I know 20 thousand dollars looks very far away but even if the price goes to 5-6 thousand dollars that is more than 50% increase in price and that is still quite an achievement for any investment ever.

What other investments could give you a 50% profit in lets say 6 months time ? There is nothing like that in the world right now that could give you that much ROI for your investment. However bitcoin reaching to 5-6 thousand dollars this summer is still a quite achievable goal and that is why buying bitcoin right now looks like a great deal. Will it be those levels by this summer ? We don't know, is it possible ? Very.
5953  Economy / Speculation / Numerous altcoins and tokens also a reason for bitcoin's downfall ? on: January 13, 2019, 06:42:25 AM
In the past also (more particularly by late 2013 after bitcoin hit $1k for the first time), every Albert and John started their own cryptos as some people cracked down step by step guides for creating new altcoins (before it was a services by few people with some big payments). Still, bitcoin managed to beat them all and managed to gain value over the time.

But, after ethereum based tokens started evaluating, we did see lots of ICOs and then their tokens started impacting bitcoin's dominance in total crypto matketcap. I always do have second thoughts like if ethereum was not introduced or at least not if it was not heavily bumped, litecoin must have been the king of alts till now. But, now it seems if there were less successful altcoins then people would not have deviated their money into alts but they might have kept their money within bitcoins, which might have helped bitcoin to have value at least up to the level of it's today's fair value.

Is it time to regulate altcoins/tokens/ICOs ? Because, they are misleading investors and by-which making hurdles on bitcoin's progress.

Here is one recent article which will give you an idea on why we must work on regulating altcoins and ICOs:
https://cointelegraph.com/news/st-louis-federal-reserve-report-increased-supply-of-altcoins-will-decrease-btcs-value
5954  Alternate cryptocurrencies / Altcoin Discussion / Re: XRP competing places with ETH? on: January 11, 2019, 06:38:27 PM
They are really working on the "which one has the better blockchain" level at this moment. Ethereum is has utility for blockchain purposes where it is used by new ICO makers and games (dapps) and governments using stuff in carribeans last I heard and many stuff like that where ethereums blockchain is used and that makes ethereum really valueable considering you need ethereum for all of that and that increases the need for it.

On the other hand ripple is using banks to get bigger, banks after all are the biggest companies in many places of the world and thanks to ripple they are capable of sending millions of dollars in couple seconds for couple cents and that is really good for banks. So ripples bank utility vs ethereums company utility is clashing and right now one of them gets ahead and a minute later the other one.
5955  Alternate cryptocurrencies / Altcoin Discussion / Re: Physical Asset backed crypto on: January 11, 2019, 05:30:55 PM
Anybody know of any crypto-currency backed by actual assets?

I only know of one crypto-currency backed by assets.

[my note: I posted this in a thread on a different board...but don't know if I posted it in the right place]
Neither USDC nor GUSD nor even USDT is backed by "physical assets" since they are backed by dollars (so they say but I doubt it) and dollars are not physical assets, they are digital as much as regulate bitcoin, the amount of banknotes in the world are much less than the amount of dollars in the world which means there are digital dollars that is not printed.

Physically backed things are like gold coins where one coin equals one ounce of gold or something, kinda like tether but instead of dollars you literally have golds in your deposit directly and not digitally, things you can literally hold in your hand. Gold is something you can literally hold in your hand whereas dollar is something you put into your bank account. However considering bitcoin and crypto is digital, I doubt there is a need to actually back it with something physical.
5956  Economy / Speculation / Re: Bitcoin: Crypto Hedge Fund Says ‘We’ll See More Lows Before We Head Higher’ on: January 10, 2019, 06:40:34 PM
Everyone keeps on making up some sort of predictions but they have nothing to back it up. You can have as many charts as you can and show proof of whats going to happen on those charts as much as you want but in the end bitcoin is not tied to any chart at all.

We move according to good news and trends, we can see a chart that shows bitcoin going as low as $1900 but that doesn't mean it will, as long as bakkt and sec gets done we will have great news to hype us and that will increase the price together. That means instead of looking at charts, people should read news and upcoming stuff, for example ethereum increased in price only because it has an upcoming hard fork, it deserved to be more than 80 dollars but 150+ dollars was thanks to the hard fork. That is why always focus on the news and trends instead of these kinds of fake predictions.
5957  Alternate cryptocurrencies / Altcoin Discussion / Re: Buy back ICO tokens after ICO on: January 07, 2019, 07:48:35 PM
I think buy back can really help projects after ICOs, that have some level of confidence to build in the mind of some investors in a project. That my feeling anyway.
You are right anyway Wink. It is always good to buy back the tokens when the price levels are coming down too low. Because it will help 3 different people in different manner.

First one should be the devs, they are able to get their own tokens for comparatively cheaper. Second one must be holders, they are the prime factor and their concerns should be taken care for maintaining the healthy balance. If buying back will be happening then holders may come forward to invest more when cheaper tokens are available.

The last one is new investors; when buying back is happening, it will lead to bump which is an exaxt thing most investors are looking for and when they find prices are lower than ICO prices then they will definitely invest to grab cheaper tokens.
5958  Alternate cryptocurrencies / Altcoin Discussion / Re: Thought on Alts in 2019 on: January 07, 2019, 07:33:34 PM
So I would like to hear everyones thoughts on the market and alts in 2019. Not just what, but why as well. It's been a year since the peak and fall, market has started leveling off as the weak hands have been cleared out, most of the scam projects are dead or dying, ICO are no longer a dime a dozen.  What do you see for crypto in 2019?!?
As usual we can expect those major cryptocurrencies will be performing well as long as bitcoin market will be staying in positive trend. Some altcoins have already started to perform well as bitcoin market is just showed a little bit positive conditions. Ethereum and waves are such coins. I believe people will be able to make more money with altcoins investment compared to what they do get from bitcoin investments this year.

2019 may well be the year for Eth im not saying it just for the sake of it, i mean eth has serious upgrades and updates in the pipeline throughout the year
It is too early to call such a year for ethereum. Because I'm seeing many people are no more interested in to contributing to ICOs. After the series of getting scammed, most people are sharing like they want to stay away from ICOs. In this case I am not finding how ethereum will be finding its success. There were a lot of scams happened in the name of ICO along with platform ethereum. Do not know why people are not ready to trust any more ethereum based on crowdfunding.
5959  Economy / Speculation / Re: Tone Vays Is 85% Certain Bitcoin (BTC) Hasn’t Hit True Bottom on: January 07, 2019, 06:00:16 PM
I don't think this is much of a news. If you look at just couple things about Tony Vays you can understand why he doesn't deserve the spotlight given to him. First of all even OP starts out with Tony's big prediction of 7 thousand dollar max and he was dead wrong on that, almost 3 times higher was seen in bitcoin.

Lets move on to his CV, dude was a geology major, he finished college with a geophysical engineering degree, nothing about bitcoin there, nothing technological like software engineer who built blockchain. He moved to financial engineering, which is the wall streets of our world but graduated from "Florida state" university, which might as well be an online degree you get for free.

Somehow got jobs at amazing places like bear stearns and jp morgan which I assume was for couple pennies a month since it would be highly unlikely someone like him to get in places like that. The only thing he did in crypto world was being a "writer" for cointelegraph, which in itself is nothing, we all can do it. Hence he is sooooo ineligible to make any statements about bitcoin that my grandma and tony vays have same credibility when it comes to bitcoin and my grandma doesn't know what bitcoin is.
5960  Economy / Speculation / Re: Imagine Crypto and Bitcoin Currency Risks in early 2018 on: January 07, 2019, 04:56:47 PM
No it will not be worst it will become better again. Because this year 2019 is getting have more investor is will be good to pump again the bitcoin. Maybe the bitcoin and altcoins will be less risky because the market still increasing now.
Everybody is hoping for better at least this year but only time answer all of us. I'm not looking for any big differences in the risk levels in cryptos and especially with bitcoins because no environmental things has changed drastically just due to this new year. When everything will be as per what we had in the past years then why we need to worry about risks involved with cryptocurrencies. We may go for continue holding it and we may look for investing more with cryptos as usual.

Most probably this year 2019 will be a complete different year than 2018. But honestly, I'm not expecting to have another 2017 by this time because I am well aware giving bitcoin ecosystem a cooling time period so that it will perform very well in 2020 at least.
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