Reputation is the key! You cannot just go ahead to buy something with bitcoin from someone or company you don't know or trust. If you do that you'll easily get scammed. The first rule of dealing with bitcoin is must know the person or company you are dealing with by knowing their reputations.
It's best to base your trust with companies reputations, just needed to research much deeper and not to relied with some review based websites which can also be a paid shills for the benefits of the company. Having enough time to do your own ways of researching and make sure you are always aiming for good basis in order to avoid or lessen the chances of getting scammed. it's hard to earned trust that's for sure, so find the place who already have it and experienced things for your own opinion. Indeed, since there are a lot of scam sites these days and if you don't want to have a bad experience then you should know how to find information and details that you needed in order to make right decisions. If you're in doubt then its better to do some research because it can help you to determine if the site is trustworthy or not, also, don't trust easily because you don't know their true intention. You can also try asking people's experiences because it helps me a lot when i'm still new in online gambling, they gave me some advice and tips. Of course, decision making and deep research should be done, bitcoin is being used by scammers, they create different bitcoin-related websites and using its trend to victimize users. We should always remember that not all crypto-related site is legit, do not make a rush decision when it comes to bitcoin, some are just fake and for scam purposes. |
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Central banks are now the dominant structure that nations use to manage their economies. They have monopoly power and will not give up that power. While the adoption rates for Bitcoin and other digital currencies are small and the government's support for them is virtually nonexistent. So it is impossible for BTC to kill banks, which in my opinion is most likely one day that central banks will issue cryptocurrencies.
It will not be killed but atleast we have already an option now to stay away from banks that feels that we are so entitled to please and wait for our turn to give their service to us. We're so done now in long ques and many times of lag and maintenance of their mobile banking. I'm trying not to use banks every now and then in sending payments or paying bills but there is still need for ATM Machines for some cash. Soon if bitcoin ATM will be present in many area I can say that many will be curious and might switch into it than banking. At this stage, it is difficult to overcome the banking system, I would say that it is impossible to do this. However, I agree with the view that the increase in Bitcoin ATMs will be a great way to popularize a coin and attract new people to this area, and maybe someday centralization starts to lose this confrontation For now, it will be impossible. Bitcoin is still a lot more ways to overcome the banking system. Our vision for Bitcoin ATM to spread worldwide will happen if mass adoption will happen. And I think, it's possible for the government to combine the power of the banking system to the use of bitcoin atm. |
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everyone has various problems.
how come there are people who sell bottom ? Maybe he wants to move to another altcoin, because what is maintained does not go by there is a significant change in terms of price.
Well, maybe you are right. there are many reasons that make us sell prices that have decreased. one of the factors could also be that they have re-analyzed and the trend direction shows a decline. the decision to sell is not the wrong thing right? because we avoid actually greater losses If I were you I would not sell it when the price is really low, you are actually wasting your money if you do that so I prefer holding it until the time that the market will recover and every altcoin will also recover its price and the price rises up again. It really matters, you should have patience. It is the key for you to earn the money you want in the future. Hold until the market recovers. Selling on a low price is a waste of time and money because you bought it and sell it in a low price. The number one thing you should acquire to be a good trader is that you should have courage and patience. It is an individual choice. For you, it would be better to hold and wait for a certain altcoin to increase its price before selling it to gain the maximum profit or to meet your expected profit. But for some, they prefer to cut their losses and invest in popular altcoin in the market to have a much better profit and they secure their profit once the bull run starts. |
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Of course, Bitcoin is difficult for most countries to accept. The reasons are many. This is the conservative policy of the States, the unwillingness to introduce new technologies, so as not to expose the existing economic interactions within the country and abroad to risks. We also know that almost all countries of the world have their own national currencies. And if Bitcoin suddenly becomes able to influence economic processes, it can affect the exchange rates of national currencies and as a result the economies of countries.
The unwillingness to adopt and the sole purpose of maintaining the authority inside financial aspect of a certain nation. Not every countries are open to this kind of new system, knowing that decentralized is being introduced which means that the control is no longer in their hands. Government mostly concerned with securities and assurance with high volatility of this kind of system it's really hard to other nations to embrace and allowed bitcoin to coexist with their current system. sometimes also a country that is still unable to formalize crypto in it, because lags behind knowledge that makes some countries that do not allow crypto. I think in terms of government control it will be difficult if it does not have experts. yes guys, moreover bitcoin has a bad record in the public, some people in my country kidnapped and asked for compensation with bitcoin, there is also an international case, which is a ransomware virus, which is a virus that encrypts a person / company data on their computer, and to open encrypted that, they have to pay a certain amount of bitcoin. so, it adds to the image of bitcoin getting worse for government. This is the main reason why most of the countries are still unable to accept bitcoin, basically, they know nothing but all the illegal activities about it. They don't know its function, how it works, and its uses. Lacking of knowledge is the main reason why adoption will never happen to most of the countries, if there will be a group of people or even the government itself will explain everything and will start a move to accept it, every individual will probably understand and will start to like it and more likely to use it. |
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I do not see why you think this is sad, if you had sold at 1500 and then bought ethereum for 200 you will have 7.5x your original amount of ethereum which is not a small profit at all, I know many believe in holding their coins no matter what but the evidence strongly suggest that if you know how to trade you could multiply your money even faster and this is an example of this.
Do not look at crashing markets as something bad, they are an opportunity for the smart investor to buy their favourite coins for a cheap price, and in the case those coins reach their all time high again then you will have even more coins from which you can extract even more profits than if you were just holding your coins.
I know someone who held their ETH -- bought like a year before it hit ATH, had a chance at insane profit, and instead held every single coin hoping for even more. I think we are talking about a chance at 300K profit now reduced to about 50K. So for folks like that, or those who bought in at ATH, I can certainly see it being very sad for them. I'm only have a small amount myself, purchased some over the summer using trading profits (as well as converting some of my dying alt scraps into ETH) -- not enough ETH to get worked up about however. So I'm not in the sad ETH boat ... however I can understand why many may be. That is definitely a bad scenario but at the same time when such things happen to you then a chance appears to change whatever mistake you made, while I did not lost anything close to that kind of money during the last bubble I lost some when I invested in an ico and that triggered in me the desire to learn as much as I could about the markets, and while I am by no means a perfect trader or investor I think I have reached a high enough level that I can use to protect my capital and to obtain profits as well. This means that when the next bull market comes I will be ready to take all the profits I can while suffering as little losses as possible. It is not that bad actually, mistakes are normally committed without being noticed. Experiences like that can make an individual to grow and become better in the future. I did not have any chance for the last ATH of ethereum, I did not lose anything, I also did not have an opportunity to make a profit. For now, I have invested some for ETH and waiting for another ATH to experience the joy of making a profit. |
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as we know that in 2017 many ICO were successful (at least reached softcap) and of course the market cap was also very high at the time, so it proves that many people are interested to investing in cryptocurrency, but now where do these investors go? because now the market cap is down and many ICO or IEO are failing (not reaching softcap), are investors no longer interested to investing in cryptocurrency? if yes, where are they investing now? or is there a more profitable investment than investing in cryptocurrency for now?
Due to too many failed ICOs and now IEOs not that great either, investors kinda lost their trust on cryptocurrency especially for new projects. They don't really want to give their money to a project that might doesnt have a value in the future. I think they prefer doing some trading than joining a certain ICOs or IEOs. And some of them might've quit entirely. Since we're not like how 2017 used to be, and how bad the market condition back then, they kinda avoid investing their money. Most people only invest if the coin is clearly listed because ICOs are often viewed as risky projects so they are always careful when investing. I think we are in a very unpredictable stage so any investment needs careful research. In fact, IEO is more popular because it is the only investment that can help us make a profit quickly and without taking too long to list. investors are always looking for trends to invest. as is the case at the moment many IEO projects are still heavily invested by investors. because they consider that investing in IEO is more profitable than ICO for now. and I think investors will always look for loopholes to make a profit It is not because IEO are the trend today, it is also because investors find it more profitable than investing only in ICO. They always find an investment that will give them a profit, they won't stay in an investment which will not give them a profit and will only give them disadvantage. |
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I'm going to buy altcoins like ETH, BCH, LTC and BNB, the reason is that the altcoins are already very cheap priced and very potentially up 50% of the current price ahead.
I am beginning to get so annoyed to see BNB in everybody's list. How can we ignore the good old Monero, the good old Litecoin I 100% agree, even ETH but Bitcoin Cash and BNB are just copies of coins and pretend to be more, and are totally in control of the hands of a few. If I wanted cheap and potentially up 50%, I just go Dogecoin even. It's their choice mate, don't get annoyed. Investment is an individual's choice and they decided to invest in what altcoins they want. Altcoins you have discussed is good and actually promising, aside from Dogecoin, which is not improving its price since last year, we still cannot see any price changes, so I think, it's out of the option. |
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I am probably the biggest fan of that famous phrase "Do what you love & you'll never work a day in your life" so if your daily job is not making you happy then something is really wrong or with you or with that job.. try to find something else to work with, something that makes you pleased to work.. if investing is what you like why don't you try to take it as a full time job? I know it may not be that profitable at the start but once you really understand how it works and spend your time to study about the cryptos market things probably gonna be way easier for you
When you love with your job never have depressed although you are working more than 10 hours every day, but if you dislike with your job and tired working pass 10 hours every day how much salary you earn you will depressed with your working, now I am in cryyptpcurrency where working more than 12 hours every day on my computer, I got enough earning but I enjoyed with my working because I have fun with my position now. Yes, the point is you have to be able to love your work first because it will make you do it comfortably and sincerely, and in my opinion working 10 hours a day is normal work like someone who works in an office or in a company that I think is more boring but has to do it because of necessity. and in my opinion working at cryyptpcurrency is more promising and not bound by anyone, and if you want your income to do it and if you feel bored you can stop for a while then go back to work again and cryyptpcurrency is always profitable depending on all the hard work done. I do agree, it's best to quit if OP is unhappy with his current job. Being comfortable with your job is the most important thing in working. Working with long hours and you feel unhappy is not healthy for an individual. If OP will choose if he will quit his current job and focus on cryptocurrency and he feels comfortable doing that, then it is the best for him. |
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As a rule, the question already contains the answer. You are familiar with the project, and therefore have already studied it. In this case, you should certainly invest in this startup. But you need to comply with money management, invest only the amount that you allocate in your portfolio for such projects. Sessia project in my opinion is promising.
Which should be the right thing to do, follow your rules of money management and engaged yourself with something you already familiar with. If you are done doing your research and it turned that this project have a good potential which can bring high percentage of getting good outcome, then proceeding is no longer a question it's just a matter of how much money you'll going to allocate around your portfolio and what types of trading engagement are you going into, both short and long can be done the question is what will be your preferred system to follow. But still, OP seems to be in doubt if he will continue investing in this project. I don't know if he fully understands everything about it after he did his own research or if he really did research. He cannot proceed if he still remains like this and asking for everyone's advice for his own investment. |
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To all bounty hunters on this wonderful forum i want to know if its advisable to continue with the bounty you have been promoting for 12weeks that got extra 8weeks added more, have you promote projects this long that ends up with good end results? Thank you
Yes, it was before, it extended for another month and it becomes successful. Most of the time, those projects who extend their bounty campaigns have one reason such as their raised funds is not enough to run the project. If the bounty campaign successfully raised enough funds, then the result may be good, otherwise, the project will fail if they don't collect more funds even after extending it. |
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I'm guessing Alt coin season will as well be the same season for bitcoin; both Bitcoin and altcoins might increase during the next bull run, that's how it's always been.
Yes, and the next bull run is yet to come. Maybe after a couple of months or next year, bull run will come but there is still no guarantee when will it happen. I thought that the bull run would be after Bakkt is launched due to how it was being hyped that institutions will start pumping to increase after Bakkt is launched, but it seems that's not it since the price didn't go up and even Bakkt traded only seven Bitcoins the day they launched.
The trend they created is not enough to give a hype on crypto space. We all watched for the possible thing to happen but it is still not enough and become impossible to trigger the increase in the market. December is also approaching and I'm thinking there might be a huge increase because the price of Bitcoin is already showing signs of increase. The price managed to pass the $7000 and the $8000 mark and has reached $9000 ($9.2k currently). But if this is not it, then we should be looking forward to next year. One prediction I saw in 2018 was that price will go up in 2020. Whichever one it is, we all should just have patience.
It is possible, as the current status of the market, all cryptos are showing a slow movement on their prices. This could be a sign that before the end of this month, we can see a lot of changes in the market status. |
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btc might able to surpass it when it comes to value but when it comes to security
and assurance then those traditional assets is still preferable.
Not just in Value, even in security, and assurance, bitcoin surpass traditional assets, these two only differ in our likes or taste. With bitcoin, or other cryptocurrencies, the risk is high but the return is even higher, unlike to traditional assets that has low volatility, meaning, you have to wait two times longer than waiting when you have cryptocurrency as your investment. It is safer because it is more likely stable, but, that's just for cowards, I mean not risk taker people. I don't think you can be called a coward. many investors diversify risk on several levels. ranging from large risks to small risks. with the aim of their assets will be safer and accelerate its growth. therefore depends on the comfort of investors to choose which level of risk It has similarities as being a coward, we can also call it as minimizing the risk out of their investment. Without facing the risk, there will be no progress that will happen. Investors are becoming more cautious day by day, they invest depends on the level of risk, they can't blame them but more likely becoming a coward in the long run. |
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I think it would be better if they will start on basics first.
Like on the blockchain, because Bitcoin uses the technology called blockchain.
(..)
(...) I will also suggest that should be a live practical and not just video because they will be able to replay some demonstration and some interesting things they did. And much better way is the much practical way of learning. Like they will have some basic example or practical example to be able students will follow or will understand it in much better way. Like actual example on how Bitcoin works, like how to send or receive bitcoins. Even they will just do it on testnet network of Bitcoin. Example how the block works, like those transactions in a block, their different transaction fees, etc. I do agree, giving an actual example like letting the students try and use the technology itself for further understanding. For me, it is easy to teach and to let them understand if someone is showing them how exactly does it work and proper using of it. Giving examples is better, but helping them to try and do it by themselves is way better. |
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A lot of people thinks that once they claim themselves as Satoshi, they think that they can finally get what they want but little did they know that they are just putting themselves into a difficult situation?
What do you mean by a difficult situation? I don't think that they will get any attention just by claiming they are the founder of bitcoin. It is indeed that there are some people who don't really know about it will believe but it is not something to be alert. do they really think that people will believe in them without even showing a single evidence that it was them?
I don't think so, there are no single evidence shown coming from those people who claim that they are really the one. Now they have peoples attention, what else does he want? people praising him? I can't see a single reason why we should believe him because for me we should just accept the fact that Satoshi doesn't want to reveal his/their identity and we need to respect it. Those people are just trying to deceive us because they think it will be beneficial to them which is definitely not.
They only want popularity and nothing else, that's all they want to start something in their mind. Those people should not be wasted any of our time, they should not be entertained. |
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There is a higher chance that scam managers of ICO campaigns are account bought by scammers.
In my opinion bounty managers should be loyal to their service so they say "they are not part of this ICO campaign" I see this constantly in bounty threads of campaign managers. Because their names will be ruined if they become part of such projects.
So now the only remaining campaign managers are those who do not acceft project that they know is a potential ICO scam.
Is there any real cases like this? Can you name a certain campaign with a scenario like a project buying an account to become bounty manager of their own project? Well, as for me, I don't think that there are some cases like this. There is no bounty manager who will sell his account in exchange for money. He will think his own career than thinking of the amount of money he might receive for selling his account. |
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When the project fails and if I am a bounty hunter or an investor, I simply accept the fact that I fail to achieve what I want with the project. I check all the things that I did before and during the project to see what are the mistakes that I have done so I can learn from those mistakes and I will never do the same thing again so I can avoid getting into the same scenario.
As mentioned nothing can be done as an investor or as a bounty participant. We need to accept the fact, maybe the next time will think and analyze choosing the right asset to invest. Lot of my participated bounties have gone worth nothing, some hasn't got listed to exchanges. Crypto market is at its early stage, without doubt the mistake done now will give a learning for the future. We can't do anything about that but to move on, and in order that you can survive from the problematic market growth nowadays, learning to be more choosy is very important. Unlike the old days, most of the projects we seem to see and hear was too exciting once we've read their whitepaper but a failure in reality. Learning can be so harsh, and once we're moving on it must be more defined and certain for our next milestones. Well, bounty hunters and investors has only one thing to do but to moved on. This kind of situation should not become the reason to keep us down. It is true that we should be more extra careful when choosing a project to become part with, do some extra research about the project and analyzation will help us prevent to become a victim of a fail project. |
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As what I have observed since last year, lots of ICO investors are more excited and making some noise when a crypto startup announced that they will be listed in some exchanges. Majority who invest their money in these ICO wants to earn the profit as soon as they get listed in exchanges and majority dump the coin when they get the desired profit. Investors are more focus on making a profit even a small percentage from their own investment, they don't even try to maximize making a profit since most of the successful projects nowadays becoming a failure in the long run. Last year, there's an ICO where until now, they haven't listed in an exchange as they focused more on product development. It's like almost 2 years and they haven't listed their token yet in exchanges but they only give us a quarterly report on what they're doing with the product. It results for most investors to become impatient and demand their money back or getting listed to exchanges at least.
What kind of project takes two years to develop and list the tokens in exchanges, everyone will loose their patience if they invested their money and to wait for two years without any result is not the way they wanted and hence people will be demanding the investment to be returned. A legitimate project should have taken a lot of progress within 2 years, listing tokens in an exchange won't take that long. This kind of project is like letting their investors lose their patience and it's possible that the developers are already gone. |
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And you wonder? ICOs made a lot of harm in the market, they weren´t able to achive goals in 99% cases. Maybe a few IEOs will keep up, but really don't expect a boom like in 2017  . You can thank the greedy peolpe.  Ico's already lost on the track, it is now been avoided by many investors and including bounty hunters. Most bounty hunters are now participating in IEO or do trading than waste their precious time in ICO which may end up being a scam. Projects that are doing ICO nowadays are very likely to fail to raise enough funds, because of the lack of investors interest. Unfortunately, investors are more interested in fast profits, thats why they are all taking part in IEOs on big exchanges.
It is because investors become more cautious and they don't immediately invest in random projects. ICO's are unable to raise enough funds to allocate in bounty campaigns and to fund the project itself. |
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Honestly, I think not. Africa isn’t ready yet to accept Blockchain with open arms.
The change should start with the people itself first as we know corruption is a serious issue to be tackled there along with the level of technological advancement which is one pf the fundamental requirement for Blockchain to prosper.
In line with the thought of making the situation severe, I think that blockchain would be abused and be used wrongly rather than for the better.
What do you mean by not being ready? It is indeed that the corruption in Africa is severe, but I don't think that it will be a hindrance for adopting blockchain technology. If there will be an individual or a group of people that will push through of using blockchain technology, who has enough knowledge and experience using it, proposing to adopt it to their govenment can be possible. Africa is not late on using technology, so I know there are people in the country that has somehow heard or experienced using it. |
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