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641  Economy / Economics / Re: The value of bitcoin? on: December 01, 2017, 11:31:06 AM
Yeah mate you are right many people don’t know that bitcoin is basically a currency and was designed in place of cash money and now it has become investment, I don’t say that it is bad thing I am just saying don’t just store your investment into it use it as currency so that it can circulate across the world and who mankind will get benefits and btc is best because it can be used in dual mode so it’s your will to use.
Well said but no one can get others use bitcoin as a currency if they don't want to so it's value nowadays are only determined by mere speculation alone. Look at it now, people see it as an asset rather as a currency and that dual mode you are talking about will not be achieved it unless people, specially those who are relatively new and is only using it for a year starts to look at it at as different way. bitcoin is meant to be used as a currency in the first place and they must use it like what it is intended to for it to gain value from pure demand alone.
642  Alternate cryptocurrencies / Altcoin Discussion / Re: Etherium or Dash; which of this coin will reach $1000 @Jan 2018 on: November 30, 2017, 02:16:38 PM
I think Dash will reach $1000 by year end
Oh really? I think you are right though both have potential to reach the speculated price by January 2018. Dash is one good coin with lot of potential while ETH is one good coin with lots of continuous stream of demand. For this reason I think both might be able to reach the said price but the only question is what among the two will reach it first? In my viewpoint it's got to be ethereum since it has more constant stream of demand in it because of ICO's running smart contracts helping it's growth.
643  Alternate cryptocurrencies / Altcoin Discussion / Re: PICK THREE!!!! on: November 30, 2017, 12:43:45 PM
Choose 3 alts with brief reasoning. Which do you think are best?

1. From the top 15 in Market Cap.
2. From 16-100 in Market Cap.
3. 101+ in Market Cap.

1. NEO (#12 MC) - Everybody knows about NEO whose involved in this space (or should). Gets bonus points for DHF being a boss.

2. BNB (#47 MC) - Binance has a great interface. Daily volume of $800m (today atleast) which makes it #7 in exchange daily volume rankings. Impressive to say its only been open slightly over 4 months. Token is DEFLATIONARY (Binance uses 20% of profits each quater to buy back tokens FROM THE MARKET and BURN THEM). BNB tokens can be used instead of paying exchange fees (at a reduced rate) so have real value....etc.

3. Phore (#366 MC) - Phore is a updated rebrand of KryptKoin. No ICO. No Dev premine. Has Masternodes / Governance. Has just implemented Zerocoin protocol. Has a (relatively) low supply of 11million (with 2.5m of these locked in nodes). Has a low Market Cap of $5million. Has plans for a marketplace / segwit / and many other very attractive / very ambitious plans. The community is very active and has been a real help to me in the discord chat. If everything goes to plan this could be a real gem.

What are yours?
If I am you the best bets among the choices are NEO, WAVES, and ETH. I chose neo because it is yet one of the coins with the potential for growth in the future as well as ETH. I chose waves specifically in this choice because it is soon to be one of the fastest blockchain ever launched here in cryptoworld. If waves-ng is released, it's transaction confirmation times would rival the speed of transactions in LTC as well as other fast coins.
644  Alternate cryptocurrencies / Altcoin Discussion / Re: Lightning Bitcoin *NEW FORK DECEMBER* LMAO on: November 30, 2017, 11:17:22 AM
Quote
After Bitcoin Gold, Bitcoin Diamond and Super Bitcoin, another forked-coin Lightning Bitcoin is coming on the way. Initiated by an European team, Lightning, the project will become the first forked-coin that adopts the DPOS consensus mechanism.

Are you guys ready for the YEAR OF THE FORKS IN 2018? A new fork every month until ......?

Quote
Fork at Block 499,999
The new project Lightning Bitcoin (LBTC) will fork at block 499,999 on or around December 23, 2017. Why lightning? The team aims to make Bitcoin transfers as fast as lightning, or at a maximum of 24 million transactions a day. How can that happen? The answer is the DPOS mechanism, according to the project’s proponents.

The POW mechanism has long been discussed as the cause of mining centralization and network congestion. Daniel Larimer, author of Delegated Proof-of-Stake Whitepaper explained that miner tycoons control block time to maximize their interests, which will ultimately along with all POW systems be controlled by the fiat system. As such, the Lightning team employs DPOS mechanism that gives voting rights to token holders to avoid control of the system by any party. According to its official website,

Who is Behind the Project?
The First DPOS Hard Fork Lightning Bitcoin is on the Way
Jack Zhang
The project hasn’t revealed its development team today, except for the Chinese community leader “Jack Zhang”. But on its website we can see that they already got support from exchanges CEX.io, BTCC, gate.io and Coldlar wallet.

 The Initial Coin Offering Craze
Since Bitcoin Cash came out, Initial Fork Offerings have become a trendy way for new blockchain projects to receive funding. Now we have witnessed the success of Bitcoin Gold(BTG) and Bitcoin Diamond(BCD). Despite concerns about its security problems, BTG ranks in the top 5 for market cap. And the newcomer BCD has been listed at over 30 exchanges worldwide. With these successful examples, there will be more projects bearing the name of Bitcoin to save listing and advertising fees.

Will the Initial Coin and Fork Offerings evolve to Infinite Offerings? How will it impact Bitcoin? Leave your thoughts on the comments section below.
https://news.bitcoin.com/the-first-dpos-hard-fork-lightning-bitcoin-is-on-the-way/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications
That is too insane another hardfork? Why don't they stop doing so? They are ineffective after all and developers just want easy money with it. Nevertheless, they give off free money to everyone and that is good but it wont be good for the health of bitcoin market in the long run as well as cryptocurrencies if this thing continues. For now it is good but I am sure everyone will see that this continuous hardforking of btc will bring forth bad effects soon.
645  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum Classic (ETC) is taking off!! on: November 30, 2017, 10:10:40 AM
Reaching ATH yesterday.. Time to buy and HODL? What do you guys think?
I bought at around 21 bucks and hodl'ing it, i think it'll get to ~50/60 USD end of the year.

https://coinmarketcap.com/currencies/ethereum-classic/
It is normal for etc to go up considering ETH has gone up as well. I think it might get to 50-60 USD by the end of the year if ETH continuously goes up in price. If it doesn't then it reaching 50-60 USD by new year is just a pipe dream.  ATM it is sitting at 25-30$ price range and I hope it continues to go up more. For that reason, I think it is a good time to buy and hold but I don't think it is the best. Buying in now is a lot riskier than buying in when it was still in a relatively low price but profit can still be gained if one bought now and held for at least a year or so, maybe more.
646  Alternate cryptocurrencies / Altcoin Discussion / Re: Which ALTS are the next BIG thing? Add your Valid suggestion here now IMPOR POLL on: November 29, 2017, 11:38:18 PM
what an entire board of unproven junk and only 6 real projects with use cases. Surely this can not be right.
That ain't right at all. I know there are more real projects with real use cases but it is hard to categorize them one by one. If I were to categorize one base on your criteria, I think waves fits it. First of all, waves have a proven development team that is continuing to release new updates and it's software is already functional. It seeks to provide decentralized place for crowd funding(ICO) and trading via tokenization and is somehow can function like ETH but does not run a smart contract. It is also not in the top 10 coins based on marketcap and is not a scam. It has been in the market for at least a year already.
647  Alternate cryptocurrencies / Altcoin Discussion / Re: Invest in OmiseGO? on: November 29, 2017, 10:17:29 PM
Hello,

I want to invest in OmiseGO, I have almost $1000 to invest. Is it good decision to invest in OmiseGO and hold it for a year or not?

I think its a next Dash.
I think it is still good decision to invest into omisego. It still has a lot of potential left to grow. Instead of holding it for a year, hold it at least 2020 I speculate that by that time omise go will have an unimaginable price right now and will be one of the top 10 coins according to marketcap. This is just my speculation so better invest at your own risk. Another advice that I can give you is that you better diversity your investment to at least two altcoins. Never put your eggs in one basket.
648  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum hits $500, moving towards $50 Billion market cap on: November 29, 2017, 01:39:41 PM
Where do you guys think the Ethereum price will go in December? $50 Billion market cap is quite an achievement. Great adoption among crypto community.


I think that by the end of december ethereum price would either stay this way for some time or climb up to 700$ maybe even bigger because some people tend to hedge into ETH now because of the rumors about the plan of miners to let BCH usurp btc's throne, also known as operation dragonslayer. For now I think eth would go up every day until the anticipated event happens but probably those who are hedging will come back into bitcoin once the drama is over so better sell your ETH at a good point to get a great re-entry point if you want.
649  Alternate cryptocurrencies / Altcoin Discussion / Re: Too late to buy Monero? on: November 29, 2017, 12:29:08 PM
I want to buy moreno now, I have been watching this coin for sometime but for whatever reason i haven't bought yet. Planning on HOLD it for 6 mounts at least.
The price now looks too HIGH. Is now a good time to buy?  Huh
Looking at it's price now, you are right that it aint a good time to buy now but if your planning to hold it for 6 months, somehow you will gain profit but you wont have big gains. I am certain because Monero rarely moves prices now and if ever it dumped after 6 months, you would have to hold it for a longer time. Instead of looking into Monero why not invest on other coins with potential? There is a lot out there IMO just look for profitable altcoins to invest into.
650  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Where to run away when BTC gets to $10k? on: November 28, 2017, 01:14:51 PM
What would be a good coin to move onto once BTC gets to $10 000 and then possible gets a correction/ people start selling?

All the altcoins seem to be pumped up at the moment. What's the most stable alternative?
Since others are so pessimistic about your move, let me give you an advice. In fact, I think your move is not that bad at all considering there would surely be a correction after bitcoin gets into 10,000$. If you are planning to hedge onto altcoins, look for those who have stayed long enough into the market and have potential to pump, specially the ones in the top 50 to 100. Also, do not keep it only on one coin but rather, diversify it. Better yet, just hedge on fiat then be ready to rebuy bitcoin anytime.
651  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What are your biggest concerns regarding Cryptocurrencies? on: November 28, 2017, 12:31:59 PM
My biggest concern with cryptocurrencies? Burning coins for no reason. For example you are trying to create transaction, you just write something wrong? Your money is gone. This is very painful for me.
That is not the case with all the coins. Some returns your money back into your wallet if transaction failed or if troubles arises that cause transaction to not succeed. You should definitely report that to the developer. Also, try asking here for help, maybe someone can help you. By the way what coins is that? It is the first time I have heard someone encountering that problem without having fault at the users side. For me though my biggest concern regarding cryptocurrency is too much speculation. IMO most has gone astray to it's original purpose.
652  Alternate cryptocurrencies / Speculation (Altcoins) / Re: is it better to invest in waves ? on: November 28, 2017, 11:37:31 AM
How much the price will pump after the Waves-NG  release? ( short term 1 month for example )
I am not sure of the price after waves-NG release but I think it would have double of what it had at the moment. Price might also go to the moon and if that happens we might see price 4X to 10X more of what it has now, maybe more considering it will be one of the fastest ever block chain in existence in the current time after waves-NG is released. Also, I think the probability of price going down steadily long term is below 1% and investing on it would be a wise move.
653  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it the Best Time to Sell Ether on: November 28, 2017, 10:40:31 AM
Hi,

I had purchased around $50 worth Etherium few months back.Now the Etherium price is very high.
I could make a profit of around $15... Is this the best time to sell.

Will long term investment be fruitful ?


It is too low for a profit IMO so if you don't need it now then just hodl it. I know it ain't bad to take profit once in a while but if you will only gain 15$ from selling your stash then you are better off holding it longer. Despite that I am not against you selling that, it ain't that bad of a move if you want to secure some profit now, you can still probably rebuy in at a lower price after ETH bull run now. Long term investment on ETH will surely be fruitful but it is riskier too.
654  Alternate cryptocurrencies / Speculation (Altcoins) / Re: which altcoins will go X30 X50 X 100 from now to 2018 on: November 27, 2017, 02:26:23 PM
I'm willing to know which altcoin will go X30 X50 X 100 X 200 give me our suggestions not shit coins with no name dev on linked in or on the website please Wink let's go to the moon !!!!
No one can accurately predict what coin will go X30 or more just based on the current facts because they can be deceiving at times. One altcoins worth noticing though is waves. I am not sure how much percent will it gain when it pumps but one thing is certain. With it's current developments lead by it's developer, Sasha Ivanov, I am sure waves would be one of the fastest block chain that have ever existed on the cryptoworld. It might do a pump similar to ETH one day.
655  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The Next Bullrun on: November 27, 2017, 01:08:38 PM
He Guys what do you think - is this the Start for the Next Bullrun like in spring?

I also think that this is the next bullrun of altcoins and the first one off I think among the famous coins is BCH. There are some rumors that many miners are conspiring to kill bitcoin and mine BCH that is supposed to happen soon but I doubt if they would be successful. Still even if they failed, BCH will surely experience a great bullrun by that time and other alts might experience it too for the sake of hedging. One of the altcoins that will surely be a benefactor of this drama is ETH.
656  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Dogecoin will FAIL on: November 27, 2017, 10:45:49 AM
The Dogecoin is long dead. Solely the hype (because people pump it) keep it alive.

Here is a graph of their Github, it speaks for itself:



More graphs are here: https://coinanalysis.io/dogecoin/
Graph analysis is not needed for one to know that dogecoin have no potential for growth in the future and is just there left for stagnation. It is just amazing though that it has survived for this long but I wonder how long will it last? Probably it will last longer because unlike any other coins, doge can be used for gambling as well as tipping. Since it is a nice coin to use for gambling and tipping, this factor is the one keeping it alive and gives it a continuous stream of demand as of late.
657  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETC - lambo moon soon ?? on: November 27, 2017, 09:58:49 AM
Hey guys,

As all of us know ETH will switch to POS .. so mining [forging] will happen in Master nodes

So ., what happens to the miners ?? they switch ., and if their devices are tweaked to mine ETH they will probably switch to ETC

 Which in return will raise ETC [i myself think it'll reach ~50-100 USD right before the switch and up to ~200 USD afterwards  Cool ]

What do you think ??

Share your opinion and all opinion are welcome even if you believe that ETC is a shit coin but mention your reasons

Do you really think ETC value will rise once everyone points their mining rigs to mine ETC instead of ETH?
Miners need to pay for their rigs too. What will they do with the ETC they mine? They will DUMP IT.

So yeah i think the price will go down.
They won't dump it easily, miners are well known to be holders as well. They won't sell it easily for just pennies, they would rather hold long term than sell what they mined cheap and for this reason I think it will surely rise. With ETH not being mined anymore, for sure a lot of those miners will move to ETC. Still, it ain't necessary for miners to mine just ETC so probably it will not moon soon if some moves to other mineable coins.
658  Economy / Speculation / Re: How Do You Know When To Buy Bitcoins? on: November 26, 2017, 01:14:16 PM
Should i wait for it to decrease?
You should not wait for it to decrease if you are planning to hold it long term since you will profit anyway. If you would only hold it for months, consider waiting for a dump first.
How long could it be keep increasing in value?
No one can tell you the overall duration of btc price increase but one thing is for sure, it will continue to rise in value so long as there is a growing demand for it.
When is the best time to enter the market for me?
The best time to enter the btc market is when it have dumped hard but finding chances like this is pretty rare so just always have some money ready in case a dump happen. Just buy using 1/4 of your planned investment capital then buy every dip and dump until you have invested all of your capital.
659  Economy / Speculation / Re: Do you think Bitcoin will reach to $100K in the future? on: November 26, 2017, 11:46:40 AM
Right now it's around $9100. It's increasing super fast. So what is gonna happen in 2-3 years ?
It is hard to predict what's gonna happen in 2-3 years but one thing is for sure, it is too early for btc to reach 100k$ in the future. I think it wont go up that much next year considering it has been going up a lot recently. It would not be healthy for bitcoin to have continuous price growth, if it continues as is next year, I am sure we will see another big dump by 2019 or maybe earlier than it. The best thing to do for now is to hodl and wait for the right time to sell.
660  Economy / Speculation / Re: Will BTC Hit The 10K Mark Before 2018? on: November 26, 2017, 10:29:16 AM
Will BTC Hit The 10K Mark Before 2018? I vote yes! Let me know what you guys think.

I have the same poll running on our Twitter. It would be great if you also leave your vote there. More votes = better price prediction!  Grin

Twitter Poll:
https://twitter.com/BCCgroupREF/status/934458459537444864
I still believe that btc won't hit 10k$ mark before the end of the year. Probably it will reach that milestone by 2018 but not this year. Considering the current price pump, I expect a correction to happen soon enough and I also expect that it will be stable for some time at a certain price. This is just my opinion and just mere speculations so I might be wrong. For now all I can say is that there is a chance for btc to hit 10k$ milestone before 2018 but I still am not convinced that it will surely happen.
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