And did you hear Equilibrium gives the bonus for registering for their whitelist? Sounds good, but is that true?
Not true or true, it's a common strategy and marketing for projects to attract more registrations and investors. Looks another "Great" marketing tactic has started again: https://bitcointalk.org/index.php?topic=5312166I do not know about this project, but the same team has created stablecoin in the past years, but it is not doing well: https://coinmarketcap.com/currencies/eosdt/ Look at today's volume, there is an increase of %2000. I think they read what I wrote yesterday. lol Neither I. These bonuses and hypes were made to compliment the project to make it attractive to the investors. But for me, it's no longer working anymore until they've proved themselves. Lucky if some investors believed in those unknown projects and it becomes successful after a few months to a year believing it. The one I am bullish about is $PCX they will certainly get in and they will be the link between $BTC and $DOT and also other crypto projects. This is massive and they are not very known yet even though they are mentioned on the front page of the Pokadot website and the CEO of $PCX (Chainx) knows the CEO of Polkadot very good.
This is the one I believe in but please DYOR
Can you tell us why you think you're bullish with them? you have just given your opinion but without some good information why we should also look into it.
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copying the names of popular personalities and that's how they attract victims. This time, they've upgraded and having verified badges to their accounts which is easier for them to fool investors and scam them.
After every successful scam operations the names and pictures are changed and all those who participated blocked. It's usual for those scammers to block their victims so that they won't be searchable. Is there a way to know if those accounts were just hacked and already verified and were changed the profiles? It's been a long time since the proliferation of scams through Twitter being made.
AFAIK, The blue authentication will be lost if the user changes the username or makes many sudden changes in the account. I see. And that means those accounts with blue and verified badges are legit accounts. What if they're part of it and just get paid for whatever they post and they're not aware of it? their profiles were used to scam people without them knowing it.
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Is there a way to know if those accounts were just hacked and already verified and were changed the profiles? It's been a long time since the proliferation of scams through Twitter being made. But before, they're just copying the names of popular personalities and that's how they attract victims. This time, they've upgraded and having verified badges to their accounts which is easier for them to fool investors and scam them.
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I feel safe about Acala, Bifrost and Equilibrium, btw share your thoughts on them as well in the comments
You should tell us why you feel safe with those projects that you have chosen. Honestly, I know nothing about them and I don't have an idea which is good and bad with those projects. That's why if you give info why you think those projects you have chosen are a good option for you, we'll have a reference to what to research first. And did you hear Equilibrium gives the bonus for registering for their whitelist? Sounds good, but is that true?
Not true or true, it's a common strategy and marketing for projects to attract more registrations and investors.
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A Tesla car today is something luxurious and valuable. but over time, its value will decrease. besides that there will be maintenance costs, fuel, and taxes. I'd rather keep my btc on the wallet, rather than give it to elon musk even for a tesla.
Cars depreciate over time. Its value will totally decrease yearly that's why even it is a luxury car, it can't skip depreciation once it's out in the market and streets. But if I've got a lot of bitcoin or I can spend a portion of my bitcoin buying a car and I can truly afford it, why not taste how to drive one? That's why we're holding and investing, to see the results of our patience and use the profit for whatever we want to. Like what I've said, if I can afford to and I still get to hold bitcoin after purchasing it.
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That's innovative and optimistic. Driving while getting to earn some altcoins that he wants? maybe he's using nicehash if it's a graphics card to mine bitcoin?
Although, the coin that the graphic cards will mine is not yet mentioned. Normally, with the last year reduction in Bitcoin mining reward, while the mining difficulty greatly increased last year, and also still increasing, this has made GPU mining rigs not to mine Bitcoin profitably, also I am doubting if it can mine Ether. But, any news we hear about this will be included on this thread. GPU cards can still mine Ethereum, I've seen people in other mining forums that they're talking about it able to continuously mine before it's fully POS. The first one that I've thought about is nicehash, it is only them that I know who only gives a reward in bitcoin through mining with GPU cards.
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- Do not FUD Sell. (Fear Uncertainty Doubt)
Most difficult adversary for most traders and holders. When I was new, I used to sell out of FUD. The news comes to bring FUD, I'd sell because it brings out my emotion to be fearing that it'll go to zero soon. But it tends to be a false feeling and just being hype because of those articles. It really moves us and it's hard to remove it from the beginning until you get to experience many of it and overcoming it through remaining strong to the market and avoiding selling, this is the same as panic selling.
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You cannot find that much here but you have a lot of choices if you browse through the Speculation, Altcoin Discussion and Speculation Altcoins. It is unpredictable whether you should start selling or not. And most of the day traders have their guts and own decisions if it is time to sell or not. You can find many technical analysis made by another person through the forum and you can learn from those from the sections I have told you.
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That's innovative and optimistic. Driving while getting to earn some altcoins that he wants? maybe he's using nicehash if it's a graphics card to mine bitcoin? What for? I don't quite understand why do this?
Experiment? well. If you've got tons of money and crypto holdings. You can do whatever you want with that money.
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A couple of month ago i discovered Ethereum. I'd been thinking about investing, but didn't. Now i think is the ideal moment to go back to this idea. Can anybody recommend any Ethereum tokens to invest in?
Why don't you start with the one that you've mentioned? you might get into trouble asking for one because you have no idea what you're investing at. Whilst in Ethereum, you have an idea why you're investing and that's because you have discovered it. And at the same time, you can also invest in bitcoin. So that's bitcoin and ethereum for you.
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despite new competitors coming to take the market away from the dominant blockchain but it has continued to grow far above other altcoins.
And that's also when the proliferation of scam projects started. It's no question that many projects choosing it because it's where it all started. Most of the successful projects today made it through Ethereum. Because of that, other project developers have seen and knew how easy and quick it is to use Ethereum for their projects. But to have a ratio, IMHO, out of 100, I guess 2-5 are only good.
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Great, thank you guys, I've got a lot of response to my thread, which I highly appreciate, and plenty of advice on how to store bitcoins.
I do think this is something that will need improvement for accessibility for 'n00bs' to BTC, as it's a fundamental need for all who adopt for the end goal of a decentralized currency, rather than holding just for the gainz.
You're just getting started. It's a must to know that you should be the one holding your coins with the private keys. Knowing such information will make you aware of what wallets to avoid and to use. After all of those suggestions, which wallet do you reckon to use as your cold storage?
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Hi guys,
I've been trying to learn about how to cold store securely my small bitcoin holding, and where I can move to as I buy more. I expect to be picking up more and more over the coming weeks and months.
1) Is something like a Nano Ledger or a Trezor the right method?
2) What app should be used?
1. Is a yes. Ledger and Trezor are both trusted hardware wallet manufacturers. 2. In Ledger, you need Ledger Live. In trezor, I don't know because I haven't used it but you check their website - https://wallet.trezor.io/#/Is there another more definitive, secure method of accumulating BTC for long term holding?
Thanks!
Just use a wallet that you hold the private keys like Electrum.
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It's easy to sit here and say "that's way too high" (ETH at £1040 now).... But is it?
ETH is being hyped as the disrupter of the internet as BTC was of the finance world.
Sure, some people bought it at 0.25 or £125... Ace... But even buying now with a 100x in maybe 2 years is still pretty damn good..?!
So... General consensus is either it will dump some before it rises or is now as good as any a time to get in?
It would be foolish to just try to correlate the graph against BTC and think it will act the same?
Thought please?
As it correlates somehow with bitcoin. The logical pattern that every investor believes is that after bitcoin's pump, ETH will be the next and then the altcoins kingdom would follow Ethereum. Just as what we today, I think that pattern has followed the same thought as it did a few years ago. I agree to you that if buying today still has the potential to give you profits within the next years, it's still a good opportunity to buy it. If you have plans of buying and holding it today, don't mind the people who says it's expensive to buy at the current price. Because many have said it when it's peak and ATH on 2018. Yes exacrly, can you imagine the forums in 2015, people saying no way am I buying at £1000! It's never going to rise (BTC). I have been researching psychology of investing, and obvs WARREN BUFFET comes UP strong, and his simple idea of BET AND FORGET as the best strategy (providing you are not tempted to trade daily or monthly). I think this will be 2 strategies I will use. I might HODL some ETHS and also try trading with some. But you can imagine the forums in 2015, people having the same discussion we are having now. I can imagine that because every time that there's a surge in the prices, people will say that it's always expensive as f. I have never heard of that strategy of Warren Buffett but I'm applying that principle before and every amount of money that I invest it should be forgotten and it's an amount that I can afford to lose. That was effective although I still have regrets when I've sold earlier yet those times I already got some profits on it. And you know what? in the next years, when bitcoin is $100k, they'll say it's expensive which is really and the same for Ethereum if it hits $5k-$10k. It's a cycle for every price met of these two coins, it won't be stopped being called expensive unless they ride the boat and bought now and wait for those times and prices to come.
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It's easy to sit here and say "that's way too high" (ETH at £1040 now).... But is it?
ETH is being hyped as the disrupter of the internet as BTC was of the finance world.
Sure, some people bought it at 0.25 or £125... Ace... But even buying now with a 100x in maybe 2 years is still pretty damn good..?!
So... General consensus is either it will dump some before it rises or is now as good as any a time to get in?
It would be foolish to just try to correlate the graph against BTC and think it will act the same?
Thought please?
As it correlates somehow with bitcoin. The logical pattern that every investor believes is that after bitcoin's pump, ETH will be the next and then the altcoins kingdom would follow Ethereum. Just as what we today, I think that pattern has followed the same thought as it did a few years ago. I agree to you that if buying today still has the potential to give you profits within the next years, it's still a good opportunity to buy it. If you have plans of buying and holding it today, don't mind the people who says it's expensive to buy at the current price. Because many have said it when it's peak and ATH on 2018.
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I see exchanges like Mercatox, Hotbit, Probit etc.
I have seen in the past issues about them in the past. They are somehow popular for those altcoins that don't get to the mainstream of the community for crypto investors and traders but I suggest you to choose better than them. I agree with the suggestion of Binance, you are in the good exchange and aside from that, the owner of is responsible for whatever action he's taking to bring up to his users. As you see, majority tells you to use Binance.
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These scammers even upload such apps by evading Google's app upload rules. So we can't just blame Google for everything. Because when Google finds a report that the app is fake, they delete it from the Playstore as soon as possible. So before installing any app from Playstore, it should be thoroughly verified. Because if you are not careful, there is a chance of falling into any such scam.
It's not always guaranteed until there's like a flood of reports on that same app. One or two might go unnoticed since there are like so many reports and understaffed. So true. Google only notices a scam app if there are batches of reports that's coming for that app. But if it's just few and tolerable, they'll just skip it and wait until there will be more reports coming on it. They're the same with YouTube since they're owned together by the same corporation. In scams on YouTube, there are videos that are uncaught and only will be removed if there's a lot of report. That's why the interaction of the community is important to take them down.
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The video was already taken down by YouTube. Can't they create an algorithm that deals with these crypto giveaways that are certainly fake and scam? They should monitor all of these if they protect their users, content creators and audiences. They will never stop unless people keeps on reporting them and YouTube taking down one by one. But they are popping like mushrooms everywhere and YouTube must take this seriously if they get massive reports for such videos.
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What's the purpose of you dumping it? do you have a reason why you need to dump it? are you short in cash and that's why you're leaning to dump it? If there's no reason why you need to dump it, just hold it and wait a little more. You'll regret selling it if you'll see the price goes up but if you have decided to sell it for your needs, no regrets for that.
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I am an Ethereum fan and I also invest in Ethereum, but I saw Polkadot price increase very high and now Polkadot is in the top 5 on coinmarketcap, so in your opinion in the next 7 days, which price will increase very high? Ethereum or Polkadot? if I personally would definitely choose Ethereum We're both an Ethereum fan and holding some in my wallet. As part of the strategy of diversification, I think it's good for you to invest on it if you see the potential on it. Well, I think the basis and ranking speaks for itself because the rank that it was before is quite far from where it is today. But to know if the price will increase for the next days, we'll never know as it it's volatile and just like the questions we always answer for the same question if it will go high or down, no one has the correct answer on it.
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