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I cannot advise on any of the coins in your portfolio. Bear in mind nobody can
tell you for sure which one will increase or not. Its a tricky question.
You could sell off a number of them and they could increase, and others you hold
could go nowhere. That is the market we are in.
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All the exchanges pair a certain amount if crypto to USD,
Coinbase offer $ and € for bitcoin, litecoin, ethereum and bitcoin cash.
Pairing everything else to bitcoin indeed increases its useage and
reducing this will have an effect.
I suppose exchanges will do whatever the masses require and what
They see as majority profit but I think and hope that the masses care to
Hold and trade with BTC
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The lessons learned from the OP are:
If it is too good to be true - walk away and another lesson is to have patience.
I dont really have any experiences as such other than regreats, i had a good
Holding in Dash, Ethereum and Ripple early in 2017 and didnt have the long
vision to hold them, i sold all my Dash and most of the Ethereum and all Ripple.
Again, I should have had more patience.
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If anyone.is holding SIA for the longterm, the fiat price does not matter short
or medium term, what matters is the development and implementation.
If anyone is worried they biught at 600 satoshi, just buy more now and lower
the average purchase price of your holding.
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TBH i think everything has an effect on BTC one way or the other.
We are seeing a fall in BTC market share due to the increasing
popularity of new coins and ICO's
Every little piece of FUD, bad news, good news story has an effect
on BTC but these are almost always short term effects.
In theory limiting people in China and India, two massive players
can affect BTC growth but again this is short to medium term.
People will always find a way to cheat the system.
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BTC in particular will only be accepted to a certain degree as in the case
of Japan and Australia where they recognise BTC as a form of payment.
This does not mean BTC is going to replace the Yen or Australian Dollar.
Or any other currency for that matter.
Now in the case of again Australia, Spain and Uzbekistan they see the
benefits and future prospects of Blockchain Technology and are trying to
attract that industry to their countries.
Regulation as much as we all might hate it is inevitable but it can only go
so far. If we liquidate our crypto into fiat we will have to pay tax and if we
decide not to liquidate they cannot do anything.
They have moved to hit credit card purchases into crypto but at the moment
we can still do bank transfers.
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From the general trend of this thread we can agree that the vast majority
of the stated 1524 coins well be rendered useless over time and there will
be an accepted few which will survive over time, which ones they will be is
anyones guess other than BTC.
It may very well be BITCOIN, ETHEREUM, DASH, LITECOIN and other old
Coins or it could be new kids on the block.
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Im not a coder so i dont actually know if its possible but im sure
coders would have spotted this on existing coins.
I am struggling to understand how you would trap anyone though?
Payments and transfers can and are being tumbled and mixed so
wouldnt that erase any back door facility?
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Here is my take on the question being asked by the op.
Lets take a look at some facts of the one which kicked off this party, BTC
It was created less than 10 years ago
We know there is a market cap of 21,000,000 coins
The estimated timeframe for the final coin(s) to be mined is the year 2140 +/- 5 years
So for the next 10 years and more its safe to say we are not too late
..........and relax
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Q. Would this be classed as FAKE and MISREPORTED NEWS? A. Yea its always good to check a reliable source in these situations and in this situation the source of the river is Charlie himself. His twitter post from 40 minutes ago puts a dam across that river.
For those of you that are upset that I posted something positive about a "competitor", all I can say is too bad.
There's room for more than 1 coin. I call it as I see it. If you have been following me for a bit, you've seen that
I also like Monero & Decred. Now, back to Litecoin! https://mobile.twitter.com/SatoshiLite/status/968977291748417536 |
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We can speculate on what BTC is going to do or what we want it to do
as much as we like but the markets are very volatile and can react to any
sort of news real or fake.
My opinion is that BTC will gain popularity and useability when segwit
and lightning is fully installed making transactions more favourable in
terms of costs and speed.
BTC will also loose market share as further alt coins are created and
invested in but it wont be just BTC loosing out other alts will too, its
the total market in general will become diluted to an extent.
There is really no point in providing numbers other than making them
a wish list.
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Following my post here - https://bitcointalk.org/index.php?topic=3023545.msg31106181#msg31106181I am providing some info about ETC.
My first search brought me to this article from The Merkle - https://themerkle.com/the-future-of-ethereum-classic/
Looks like the ETH network is still struggling and could be in major trouble if further game developments materialise.So I took a trip over to the ETC site and roadmap - https://www.etcdevteam.com/roadmap.html
Looks like there is a lot planned for 2018 and beyond with the development team working on 4 key projects (on the home page).Here is another interesting report from coincentral - https://coincentral.com/ethereum-classic-beginners-guide/Some snippet type info on a lot of aspects of ETC. Here are the final thoughts by the author - With ETC, you know you are investing in a commitment to an immutable blockchain. Their team hopes, in the long run,
there is value in sticking to your principles. With ETH, there is the precedent that they could hard fork again based on human influence.
It is important to remember cryptocurrencies arose out of the ashes of the banking collapse.
Satoshi Nakamoto originally designed decentralized blockchains to answer corruption in the financial sector.
“The immutable blockchain was meant to be free from the human tendency to corrupt.”
Cryptocurrency thefts have happened before and will happen again. Where do we draw the line of what requires a hard fork?
ETH blurred this line while ETC has clearly drawn their land in the sand. Was aware of the Merkle report and the roadmap but thanks for the up to date link and info 1 sMerit awarded |
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Btctalk name: aoluain
Rank: Sr.Member
Current post count: 1193
BTC Address: 1E59Xi2TtYMhn8QTVSqV9W3DRtDKesB9AQ
Wear appropriate signature: YES
Wear avatar: YES
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Thanks for the links and info, well written up sir. 1 merit awarded. [ Taken from Capp merit] I am no longer awarding merit for Steemit info. |
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🎯 The largest Canadian bank TD Bank has banned the purchase of crypto currency by credit cards
💳 Toronto-Dominion Bank (TD), one of the largest banks in Canada, informed its customers by e-mail that the purchase of credit cards using credit cards will be banned.
Your thread title is slightly misleading. I was expecting to see that they had banned buying crypto outright but it is just with credit cards, which is nothing new really. They are just following on from South Koreas move in early January. We can expect more and more banks to issue these statements but people are still free to buy crypto by bank transfer. |
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very interesting infographics.
These clearly would indicate that the merit system is working and people
from all ranks are receiving merit.
I would recommend that all further merit queries and complaints should be
directed to this thread !
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1 merit awarded for the twitter link, interesting chart. |
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Thanks for the links, 1 merit awarded. |
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What a great idea, is there plans to have these posted in a seperate thread for all to view? I created a simple image for "long-term holding"  |
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I am looking for up to date info for ETC Ethereum Classic
if anyone would care to help?
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