I like the cryptocurrency due to the privacy, i do not like to send my IDs to anyone even if it is popular and trusted websites, requesting KYC to participate in IEO is against privacy why i have to send my ID to participate in IEO!!
Most of exchanges launched their IEO platform required KYC.
Is there any exchanges run IEO and do not required KYC.
As far as I know, the top IEO platforms are requiring KYC. If you will give it value, then you will really undergo KYC. If the platform is not significant to you for as long as you can invest in an IEO without KYC, then you may go for less reputable exchanges. I guess we all share the same dislike with KYC but since that is what the laws require from the exchanges, they will implement it whether we like it or not. And most of the time, we just gladly comply. |
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I have a feeling that the second generation of banking is far different from the old type of banking. The second generation of banking is much more personal. It is individual banking. It does not need a third party, an independent bank taking custody of what we own. The next generation banking is every single person owning a wallet which is safe and protected from any form of seizure or freeze. That is crypto banking.
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When I did buting at dips before, I experienced loss when I buy at dips because I thought that the price is now cheap and there is a dip that happens again. I cut my position because I know that it will go down more. LTC is a good coin but I do not have plan to buy dips at it.
The track record of Litecoin is clear enough that it is not a disappointing coin nor a disappointing project. When I buy at a dip thinking that it is already hitting the lowest point and it turned out that I was wrong, I would rather HODL it rather than sell it with a loss with the goal of cutting my loss. That is not practical for me. At the end of the day, there will always be a rebound for Litecoin. |
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With the current situation, BTC alone won't be able to handle all transactions though. Honestly, I probably use more ETH & EOS in a month than BTC. However, this situation will change dramatically if the lightning network can really work.
I think I heard something about the new Electrum release that would support LN. Definitely a game-changer if it's not buggy.
but altcoin are not that good for paying for something out of this forum, unless you use the biggest altcoin that are very STABLE, it's a matter of stability in price not so much of how many transaction there are, many shitcoin just are there for making bitcoin, this prove also my point It is not about stability. If you prefer stability over everything else, then you better stick to fiat and their stablecoin representatives here which are basically not cryptocurrencies at all. I prefer cryptocurrencies that are offering low fees, faster transactions, and widely acceptable. That could be solely Bitcoin in the future but for now it has to be shared among other altcoins such as ETH, LTC, EOS, XRP, DGB, etc. |
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Swiss Federal Council Continues to Monitor Stablecoins and Blockchain The Federal Council states that, while the mountainous Central European country is generally seen as very crypto-friendly and “open to innovative approaches in the financial market,” it remains committed to addressing the risks related to stablecoins and cryptocurrencies, saying: “The Federal Council is committed to ensuring that the currency and stability policy challenges, in particular, are addressed through international cooperation between governments, central banks and supervisory authorities, with private providers also included.”https://cointelegraph.com/news/swiss-federal-council-continues-to-monitor-stablecoins-and-blockchainis this because of libra ? Most probably yes. They are crypto friendly to the extent that Bitcoin is already there and cannot be moved out of its place because it has already rooted very deeply. They do not have much choice but to extend a friendly hand. However, to the stablecoin that is to be launched by libra they cannot just sit down and see what happens to their old fiat money. Libra is not like the rest of the stablecoins that seem to be operating without a threat. Libra is going to suck commercial transactions from their old system into its new system. They cannot accept that. |
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Did you know that someone bought up approximately $235000 USD worth of SNX tokens this week, so it greatly helps to get big profits for SNX tokens holders and it is the best time to buy SNX now or wait some time to buy SNX tokens?
The way I look at it, this is not the perfect time to buy SNX. Why buy in the middle of a strong pump? This has always been the wrong strategy. Buy high sell low, is that what you are trying to ask? The ATH of SNX was recorded at around 0.00009 in BTC and as of this moment SNX has already climbed back to as high as 0.00008 and more. This is really a wrong entry point for buying as far as I am concerned. I would choose to wait for a while for the price to correct. |
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Why is the Libra dream dead? (Which I hope it is.)
Maybe because it's backers are withdrawing from the project and Facebook's prime market US doesn't like Libra's concept. For the use of remittance, bitcoin could still be a good option. Though it's fee seems large for small transactions, it's much better than swift fees or western union fees for sending remittance. There are other options like lightning network or the BEP2 token from binance but it would depend on the parties involved more than the choice of currency. Thank you. Yeah, I just read that all of their partners are backing away from it. I just don't trust facebook so I'm glad. Not all actually. I think only less than half of the members of their association have left out of heavy nudges by the governments. But it is enough for the others to lost interest in pursuing what they have started, at least for now. So far, I would conclude that the dream of the team will remain to be a dream, far from reality. There is no reason for them to force themselves into the market which is showing signs of repugnance to it. Nothing so far has been said from the Libra association yet whether they will disassociate each other because of what is happening. I can only think of the lobbyist facebook had hired to make some negotiations. One congress has expressed his support already for Libra, this is a sign that they may really be continuing what was planned. There seem to have two parties not wanting facebook to pursue though, One is the crypto community itself and the government which they could easily come to terms. For crypto community, they can ignore all of us once they are approved. That's the only we can do but of course we can still convince the mass not to use libra. For now, many of the members of the association are mum on the issues surrounding them and the decisions of their former fellow members that decided to yield to the advances of the government. Neither are they also vocal in their support to the project. They are playing the safest game. The crypto community may not even be what is in the minds of libra. I think they thinking more of the several millions respective users of their own companies. |
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I seriously doubt there is a decent altcoin. Any reason that someone will provide in order to follow and buy into a project, is looking like advertisement that has no foundation.
I can't find anything solid that makes me want to follow an altcoin. Between 30,000 cryptocurrencies I don't see something that will surprise and evolve into a major player.
Bitcoin is 10 years old and there is actually nothing better happened all this time. Everything else looks like a cash-grab, full of fake news and hopes, full of invalid information about the tech, about decentralization and safety. Almost every blockchain has already been 50% attacked, Ethereum rolled-back it's own chain, Litecoin has no reason to exist, Monero perhaps had a reason but still so many problems with privacy, XRP, Stellar i can't find the reason people are still buying them. Some shitcoins had a chance to become something with all that influx of money in 2017, but devs thought it was better to re-invest all that money into private mansions and lambos instead of research and development. How do you think tech giants became the empires they are today? They allocated all profits into creating something better every year. Microsoft for example didn't pay a single dollar in dividents for the first 15 or 20 years of it's existence. All the profits were allocated in RnD. Which altcoin did the same? They all rushed to offload their billion coins and dump them on investors faces while talking about moon and taking over the economy. Such nonsense.
To conclude, I see every altcoin as overpriced by at least 10x right now and shorting all of them where it is possible into any pair available, BTC or USD.
I see all altcoins dumping 90% more at least and perhaps then we will find out who was milking them for profits in 2019 and who was actually working and has a decent product with a future.
You are exaggerating it a bit too much, mate. Do you seriously think that there is not a single decent altcoin in the market right now? That is an opinion that stretches far beyond the reasonable bounds. What do you consider decent, by the way? If you are looking for a perfect project with a perfect blockchain network without a single glitch and problem, then you will find none. Even the Bitcoin network has experienced problems. Its network clogged sometimes, the size not enough, etc. |
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Why is the Libra dream dead? (Which I hope it is.)
Maybe because it's backers are withdrawing from the project and Facebook's prime market US doesn't like Libra's concept. For the use of remittance, bitcoin could still be a good option. Though it's fee seems large for small transactions, it's much better than swift fees or western union fees for sending remittance. There are other options like lightning network or the BEP2 token from binance but it would depend on the parties involved more than the choice of currency. Thank you. Yeah, I just read that all of their partners are backing away from it. I just don't trust facebook so I'm glad. Not all actually. I think only less than half of the members of their association have left out of heavy nudges by the governments. But it is enough for the others to lost interest in pursuing what they have started, at least for now. So far, I would conclude that the dream of the team will remain to be a dream, far from reality. There is no reason for them to force themselves into the market which is showing signs of repugnance to it. |
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I will think of this when the right time comes. Well, they say that the right time is always now or today. I think this not apt at all times and circumstances. I have not yet thought of coming up with a will or a similar document because I am still young, very young, and full of life. It is true that the angel of death may come at anytime it wants but I will gladly just tell it to come back 4 decades later when I have prepared my crypto will.
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I have been developing an algorithm that I and a few friends find to be a very interesting, fun, and perhaps even educational token.
Where would be the best place to start a discussion and get feedback about such a topic? Where would be a good place to find people who may be interested either in co-developing or funding a new token? I promise, I am not talking about a shitcoin, I have put in quite a lot of work into this and think not only the algorithm is worthwhile, even the idea and project backing it has value and is for long term. It is the focus of my life's work so I take it very seriously. I also value your time when I ask such a question and appreciate valuable feedback.
The altcoin discussion is for "Discussion of cryptocurrencies other than Bitcoin." If what we are going to discuss about is an altcoin project, this board could be the right place. But for finding the right people who might be interested to team-up with you in developing your new token, you might bring that in the Service Announcements (Altcoins) board. If you already have an official announcement of your project, you may bring it in this section: Tokens (Altcoins). |
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I think Libra will be an altcoin that has functions for several other platforms and may compete in the XRP and XLM classes, but I heard a number of issues stating that Libra was rejected as an alternative payment so I feel Libra still has no potential certainty resulting from.
In terms of potential, Libra has a lot to be honest. If a certain project with limited funding has vast possibilities and potentials, Libra has much more of them with all their partner companies. Facebook alone has what it takes to create a coin full of potential. Together with their wealthy partner companies, they could hire the best people in the world in terms of blockchain technology development and programmers. But all these potentials are now fading with the project getting attacked by governments all over the world. They've ruined their reputation with all those info dumps so no wonder everyone's ganging up on them. It seems to be "cool" to diss the company. People also fear that their Libra wallets could just be as easily locked down like how an FB account can get locked for expressing "wrongthink" or being mass reported by bots. Certainly doesn't inspire confidence. I'd also like an alt that is better integrated with various platforms to easily perform things that bitcoin can be currently inefficient with but I wouldn't like it to be by Facebook. I understand you and the rest of the huge populace that are seemingly afraid of what the name Facebook could bring to their wallets, information, location, etc. I even believe that the biggest factor why this project is like a dud from the very beginning is that it is being started by Facebook. It is the reason why the project is going to be a hard sell not just to the governments and their regulators but also to the rest of the common users. |
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Over the years, Litecoin has been reliable for surging when BTC price pops. Last winter I bought 15 LTC at $30 each, along with many other alt coins. However, I foolishly didn't sell it at $140 a few months later and the price has retreated. So I'll be ready for the next price cycle. Buy low sell high! When I feel the price has bottomed, I will buy hundreds of LTC. I didn't sell my LTC for $140 in June because I thought BTC was beginning its next huge price swing, and it didn't last. Like me in my wife, it shot its load too soon.  Litecoin is already cheap right now. I treat $50ish price of Litecoin as cheap already. It is always easy for Litecoin to hit $100. That is an unarguable fact. No worries for having not sold yours at $140. It will not take a couple of months for Litecoin to hit another $140 and even higher. My Litecoin's are not for selling even at $140. I will wait for the $300 level before a portion of it will hit the exchange for selling. |
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I doubt Bitcoin can loose its dominance over the crypto market anytime soon as there is no one to challenge it. Maybe in the future if something bad happens with Bitcoin or Blockchain we can see a scenario when Bitcoin is in trouble but until then I can't see it happen...ripple or ethereum don't have the necessary power to challenge it especially when the halv is closer and it will increase the strength and dominance even more so my vote goes to NEVER.
The dominance in the crypto market is to be measured in Bitcoin or in altcoins, not a specific altcoin but the whole altcoin market. You cannot expect any altcoin to match the dominance of Bitcoin. The altcoin market is made up of thousands of coins. For now, Bitcoin is controlling more than 65% of the market. This will not go down soon as the altcoins are not up for something huge in the near future. Bitcoin's prediction is bullish due to the upcoming halving. We will see how the altcoins will benefit from a bullish Bitcoin. |
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Lot of people are making price predictions and many years ago I did as well.However, I stopped thinking in fiat and only thought about stacking stats. In the end we are part of a financial revolution much like Tesla in cars- uber in taxis.
I liked the comparison of cryptocurrencies with electromobiles. Both inventions are revolutionary in their fields. I think that despite the fact that Bitcoin has already grown in more than 20 thousand times when it was at its price maximum, this asset still has the potential to rise in price. Capitalization of $200 billion is very small on a global scale, besides, there will soon be halving, which should increase the value of Bitcoin in the eyes of investors. As a matter of fact, Bitcoin is only at less than 150 billion USD in market capitalization. There is so much growth in price to be expected in the next months and years. We will also take into note that the 150 billion USD for Bitcoin and around 75 billion for altcoins are reached even if there is only probably less than 1% of the world's population who are owning BTC. If that figure increases even 200%, there will already be a huge inflation of the price of Bitcoin and other cryptocurrencies. |
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200 million dollars used in what way is the most important part. If you include the energy required and the solar panels and wind turbines and everything that is not bitcoin related to make it feasible and then spend a lot less on machines it would be different, sure it would still be a HUGE mining operation, that is not even a question but with money like this they could have literally created and manufactured their own ASIC machines if they wanted to and that would have resulted with not a bad business plan neither.
In the end there will be one rival for the Chinese mining operations if they can achieve it and the more decentralized we get on mining the better, I hope there will be a lot more people getting into mining because we need to stop Chinese monopoly on btc mining.
It is really time to shut down on china. This country is unlike other open-minded and developed countries. This communits country likes to monopolize and control everything and the very moment they feel that they are already superior than others, they would then use it to bully them and let them follow its will. Mining should be widespread so that the operation of the network is not at the mercy of one nation or company alone. This is one way of reducing the risk. |
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How would we know? The amount raised during the ICO is never a measurement on how good the product a project will release. So far, they have something nice to offer. That is normal for a budding exchange or company. They need to offer something new because there is competition in the market. As of now, we have already countless of exchanges. They need to have an edge or two over their competitors who have already a nice community of followers. In addition to these features, they might want to offer some promotional stuff in order to attract the interest of traders. |
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Regulasi aren't a golden bullet against scammers. As all those things become more obvious to the general public, scammers evolve to mimic decent projects with almost impeccable efficiency. Still, the most reasonable rule of investment isn't about ICOs or IPOs, it's just about your common sense. I mean no matter what, never spend more money than you can afford to lose.
This is one of the best straight forward post I've seen recently, there is no 100% rules we can use to detect scam projects or projects that won't be successful. You just need to invest what you can afford to lose, that's it. Using common sense in most cases is the best approach, do not invest because an influencer is promoting the project for instance, maybe people got burnt in Sparkster for observe after the hype. There has to be a combination of good research, common sense, risk management, or even a little of luck. But more than the rest, it has to be research that occupies the foremost spot if an investor wants to give worth to his money. It is always advised that an investor should only invest what he can afford to lose but that does not mean that since he can afford to lose a certain amount, he will just invest it in whatever random project. He has to also learn to take careful steps so that not a single USD or centavo will go to a scam. That is how an investor should think. |
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Some Project owners together with some Bounty managers promise Hunters certain percentage of total tokens to be created.
These promised tokens inturn manipulates hunters to engage in these bounties expecting to be paid.
One main phrase that gets to favor this bounty managers and project owners is "bounty manager and project owners have the rigjt to male changes to the bounty tool at any point in time"
Should the above statement be allowed to continue?
There is rampant manipulation in the bounty section actually. That should not be allowed for me. That is a form of cheating. If there are changes, it should be made at least a month before the bounty ends and not in a day or two. I have seen bounty campaigns whose allocation are suddenly changed even when the campaign is already finished. There are also others that change the duration into more than triple the time without any additional reward. These are all forms of cheating. Nobody should participate in such cheaters. |
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I think Libra will be an altcoin that has functions for several other platforms and may compete in the XRP and XLM classes, but I heard a number of issues stating that Libra was rejected as an alternative payment so I feel Libra still has no potential certainty resulting from.
In terms of potential, Libra has a lot to be honest. If a certain project with limited funding has vast possibilities and potentials, Libra has much more of them with all their partner companies. Facebook alone has what it takes to create a coin full of potential. Together with their wealthy partner companies, they could hire the best people in the world in terms of blockchain technology development and programmers. But all these potentials are now fading with the project getting attacked by governments all over the world. |
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