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681  Alternate cryptocurrencies / Altcoin Discussion / Re: Facebook against bitcoin? on: February 21, 2018, 01:11:40 PM
Because they believe that Facebook prohibits bitcoin and ICos and other cryptocurrency
The new Facebook policy will not allow announcements of known digital currency exchanges or initial offers of currencies.
Is it to avoid fraud or false advertising? That's why?

They won't allow advertisment doesn't mean you can't share or announce ICO in your page. Facebook is very small percentage of advertisment, there are other platforms that work much better to promote cryptocurrency. say twitter for example. I think it's a bad move by them and it'll only destroy their own revenue stream.
682  Alternate cryptocurrencies / Altcoin Discussion / Re: State owned bank and crypto comunity unite to protect ICO investors in Russia on: February 21, 2018, 01:07:16 PM
The subsidiary bank of the state corporation VEB Globex together with the Russian Association of Crypto and Blockchain (RACIB) and the CrowdHub Internet project are creating a system for protecting investments in Russian ICOs. The system will start working this year. 

Read more here: https://steemit.com/crypto/@cryptohumster/new-platform-to-offer-protection-of-crypto-investments-in-russia

To tell the strory short the platform will control funds collected on ICO. ICO team will receive funds in portions when they meet milestones. If a project fails all unspent funds are distributed back to investors. Groups of investors will decide if the team fullfils promises.

I personally think that introducing some regulation is a good idea. I also like that the project is driven by both comunity and state bank. But any idea has its cons and pros.

pros:
- Protection from scam projects. As the team doesn't get all the money at once they will need to have a good progress to get funds.
- Protection from fishing. Investment is done on the platform, scenarios with fishing mails like bee token story can't happen (or at least less likely)
- Investors get some control over the project
- Overall process becomes more transparent

cons:
- Crypto is about decentralisation, this platform looks centralised
- Funds will be controlled by platfrom so it can be hacked like an exchange
- It is not clearly explained how projevt reviewer will be elected and rotated. Corruption is a big problem in Russia
- The platform will give too much control for the state over ICO

So what do you guys think? Is it a good idea that can possibly be adopted all over the world or it will fail eventualy?


Who are these group of investors who'll decide whether it's a fail or not? who is to say project reviewer won't push for his own favorite ico? It's a good process to some regulation in but I don't see how this is going to be a success in long term. However, I think some countries will start following their footsteps if this become a success.
683  Alternate cryptocurrencies / Speculation (Altcoins) / Re: If you haven't sold off your Alts yet, you don't know what you're doing on: February 20, 2018, 12:57:05 PM
Why should I? If alts were at loss I wont sell my coins and wait for it to bounce back. Yes bitcoin is well-established and many users are trusting and investing but I think we dont need to choose where we should invest our money rather diversify your crypto portfolio so you wont miss their price surge. But make sure the alts you're holding has a great potential and not likely to be delisted in exchanges.

correct. There shouldn't be any need for people to choose one or the other. Luckily, you can invest in both bitcoin and alts without losing your peace of mind. Alts will gain more dominance and stability this year.
684  Alternate cryptocurrencies / Altcoin Discussion / Re: How to distinguish between a real ICO and all the scam? on: February 20, 2018, 12:51:34 PM
So one of my inboxes gets plastered with ICO announcements which I always have considered scam and didn't even take a look.

Is it just to investigate here on the forum, or is there a trusted website that informs about legit ICOs and recommendations?

How do you even come to a decision in which ICOs you want to participate with the vast amount of new alt tokens that spring up like mushrooms all the time?

I usually ignore those who sent me PM about their ICO. You should check their whitepaper, team and uniqueness of their project. If you pay attention to those three things, you can easily weed out scams from good ones.
685  Alternate cryptocurrencies / Altcoin Discussion / Re: Centralized exchanger or Decentralized exchanger? on: February 17, 2018, 03:15:40 PM
What do you prefer :

Centralized exchanger like Bittrex,Poloniex, Binance,Kucoin and others
Or
Decentralized exchanger like Etherdelta, Idex, cryptobridge, and others

In my opinion, decentralized exchanger like Etherdelta is very high fees and very slow site load. But, it is safe for trading because you traded peer-to-peer.
Centralized exchanger is high potential scam with Hacked reason

Give me your oppinion

*Sorry for bad English



Definitely centralized exchange. I have used etherdelta in the past but their volume is way too low and it's little complicated to use it. If they can make user friendly interface I think people would lean towards decentralized much more.
686  Alternate cryptocurrencies / Speculation (Altcoins) / Re: I bought on all time high on: February 16, 2018, 06:39:51 AM
I hate my life so much right now xD

Who else bought on ATH?  Huh

As I can see you have trust in your alts which is important. All you have to do now is just hold and if your project is as good as you think it is, it would eventually go higher than your buy price. Market is recovering and I think we can start seeing some major movement starting first week of March.
687  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What innovative Idea would you like to see in crypto? on: February 16, 2018, 06:34:09 AM
Ideas can range from new technologies, different use cases and or anything else you have thought of..

Looking for potential business endeavours..

Thankyou

Mass adoption.. I would love to be able to walk into Wal-Mart and buy all my groceries from there without having to go through the trouble of converting it via a gift card or some other way. If that ever happens, the price of these coins would skyrocket.

this would be on top of my list too. You can use prepaid bitcoin card to pay for things but it's not the same as accepting all crypto. It would be great if one of the major retail like Amazon and electricity companies start accepting crypto as one of their payment method. I would also like to see this in real estate, automotive and pretty much all other necessities.
688  Alternate cryptocurrencies / Altcoin Discussion / Re: EU regulators : Cryptocurrencies can put you in jeopardy on: February 16, 2018, 06:28:48 AM
It was their position long time ago. It is just a recycled news and just creating a FUD but that doesn't work anymore because holders are already FUD resistance now a days. Better to accept the fact that cryptocurrency is the new technology that they have to adopt whether they like it or not.

Precisely. It's getting old at this point and people aren't going to dump their bitcoin/alt because of EU or China. Everyone already knows that crypto isn't guaranteed by central bank.
689  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [SC] SiaCoin Topic on: February 15, 2018, 01:14:54 PM
Hi all,

Just wondered, I haven't seen a lot of speculations or thoughts on SiaCoin?

The coin grew to 0.0000800 at its peak, then went to an all time low in 8 months (0.0000287) because their platform went onto ASIC and the new of the ASIC miners being released next year.

What are your thoughts on this coin, it's future from news and the transparent developers progress is really good. Do you think this coin will reach $1 by 2019?

I have 200,000 SiaCoins at the moment and Holding for Long-Term Future? What do you think?  Cool

my personal opinion on SiaCoin is hold and forget for few years to see where it lands. I don't see it'll reach $1 anytime in 2019 as so many other alts offer similar services but it's a good one to hold for long term and offcourse I could be wrong and it might reach $1 although it may seem impossible as of now.
690  Alternate cryptocurrencies / Altcoin Discussion / Re: if cryptocurrency withdraw accounts freeze by government on: February 15, 2018, 01:09:10 PM
i have a big question

i have seen some governments are freezing crypto withdrawing accounts. so whats the best option / alternatives for such situations ?

me or no one else have heard of any such thing. Can you post a link of what you're reading so people can see for themselves. As far as I know it would be shooting yourself in the foot if government decided to ban exchanges that way. Either way, it's important to keep your alts spread out to make sure you're cover when those kind of things happen with or without government intervention.
691  Alternate cryptocurrencies / Speculation (Altcoins) / Re: IOTA is the next big thing on: February 14, 2018, 07:20:38 AM
Iota needs a massive big pump so people start adopting it ..... no one was talking about ether when it was trading for cents ... but people love it at 300$

Right but ETH wouldn't have pumped to $300 if bitcoin hadn't seen major gains. I think IOTA is going to correct itself and get back to original price as soon as BTC comes back to where it was. If it rises before it, more good news for holders.
692  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bounty Rewards: Sell immediately or HODL? on: February 13, 2018, 07:10:20 AM
I've been doing bounty campaigns only since December 2017.  Not long, in the scheme of things.  But one thing that truly surprised me during the last couple of months is the number of bounty hunters who look to sell their tokens ASAP.  At first, I didn't understand why, but I think I'm beginning to.

For me, I'm doing these bounty campaigns for a bit of fun and to give my mind a bit work to do, creatively speaking.  So my mindset for any bounty tokens is just to HODL and allow the devs to implement their roadmap and take the project through to completion.  I think this will give the best realisation of value on the tokens.  Sure, some may fail and they will likely end up worthless, but since I only invested time, not money, into receiving them, I'm not really worried.

So with that mindset, I struggled to understand why so many people were eager to offload their bounties at the earliest opportunity.

But over the weekend, I sat down and did some calculations on the accumulated bounty rewards I'm expecting to receive.  Each bounty by itself was a modest return, but when combined in totality, it was a sizeable amount.  And that's when it struck me...

Lots of people who live in less fortunate parts of the world, particularly in areas with high unemployment, probably NEED to sell their bounty rewards to put food on the table and pay their bills.

But I really don't know if my assumptions are correct.  So, my question to you is...

Do you sell your Bounty Rewards straight away or HODL?  Any insight into your reasons would be appreciated.



## If this post has been thought provoking for you, I'd really appreciate a bit of Merit in return ##

It depends on the project that you're doing bounty for. If you think it's going to hold and increase in value overtime then you should hold otherwise sell as needed. I don't see how selling it as fast as you get it can be profitable. Most people sell it after they get it and it brings value down, so you won't get much profit unless you wait for the right time.  As someone else suggested, you can also keep some and sell some depending on your situation.
693  Alternate cryptocurrencies / Altcoin Discussion / Re: The Problem on: February 13, 2018, 07:05:42 AM
The problem we now face as a revolution is the fact that people are in the game to make quick money, not to make a difference to the way we interact with money... The market would be more stable if everyones investment stayed for a minimum of 10 years

I have no problem with people investing for short term as it keeps the market moving. We do have wide varieties of investors/traders who trade frequently but to each his own. You can't change how people choose to invest their money. Personally, I prefer to keep it for long term as its less time consuming and it can be more profitable.
694  Alternate cryptocurrencies / Altcoin Discussion / Re: NEO, TRON or IOTA? on: February 10, 2018, 03:18:01 PM
Hi,

I´m thinking about spending part of my ETH,  buying some NEO, TRON or IOTA. Which one is the best investment?

Thanks

I would spread them in all three of them instead of putting it all in one basket. However, if I had to pick one I would go with Iota or Tron as they're quite cheap. Neo is strong too but not sure about it since China has been little strict with crypto.
695  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Yesterday India, today china, tomorrow USA on: February 09, 2018, 06:01:07 AM
India hasnt banned Cryptos its fake news.

What Indian finance minister said was they will make regulations so that cryptos arent used for illegal activities. If chocolates are traded for illegal activities you dont ban chocolate.

Plus there is also a committee formed in india to make sure cryptos are regulated and taxed properly plus people are made aware that its a volatile asset and cant be used as currency.

How does this make it a ban ?

The reports of India and China and South Korea banning crypto are misleading, incorrect and misunderstood.
South Korea for instance stated they are not planning on banning crypto outright.
As did India, most countries understand the values of crypto, like Japan and Australia.

At the moment there are both positive and negative reports, just visit the PRESS child board on the forum and read the headlines.
https://bitcointalk.org/index.php?board=77.0

We can see there Australian banks will not stop customers from buying crypto while others are advising against it.

exactly. it's fud. All those articles are overstretching what was said so it's important to visit official statement with this kind of things. Never trust those websites which uses opinion instead of facts or what was said.

Correct unussualfacts30,
we all need to check alternative news sources and get more informed before joining the fud or fomo.
It can be a bit of a pain and it might lead to nothing new but we can learn more or become more confident about making a decision.
The next thing is to find our own reputable news sources.

Just scan the article for quotes from officials and read them. that's all that matters. rest is opinion. If there are no quotes skip it altogether.
696  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Yesterday India, today china, tomorrow USA on: February 08, 2018, 06:31:27 AM
India hasnt banned Cryptos its fake news.

What Indian finance minister said was they will make regulations so that cryptos arent used for illegal activities. If chocolates are traded for illegal activities you dont ban chocolate.

Plus there is also a committee formed in india to make sure cryptos are regulated and taxed properly plus people are made aware that its a volatile asset and cant be used as currency.

How does this make it a ban ?

The reports of India and China and South Korea banning crypto are misleading, incorrect and misunderstood.
South Korea for instance stated they are not planning on banning crypto outright.
As did India, most countries understand the values of crypto, like Japan and Australia.

At the moment there are both positive and negative reports, just visit the PRESS child board on the forum and read the headlines.
https://bitcointalk.org/index.php?board=77.0

We can see there Australian banks will not stop customers from buying crypto while others are advising against it.

exactly. it's fud. All those articles are overstretching what was said so it's important to visit official statement with this kind of things. Never trust those websites which uses opinion instead of facts or what was said.
697  Alternate cryptocurrencies / Altcoin Discussion / Re: Have you been scammed? or almost? on: February 08, 2018, 06:27:39 AM
I almost got scammed on twitter by a fake account. Scammers are setting up fake accounts pretending to be other people/ICO's/Tokens. It's very tricky if you are not paying attention. Make sure you check spelling on all names to be correct. Be careful who you give your info to. Even if it's just your email address. Scammers will not stop scamming so watch out and pay close attention to what you are signing up for. Good Luck everyone and be safe!

Pay attention to them, sometime they will show up as site owner. I remember there was some guy scamming people on bittrex chat. He was using ritchie as his username to make it seem legit but "1" than "i". You should look carefully at their username to make sure they are not spam and always visit ico twitter feed from their website or ann.
698  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is dentcoin worth holding? on: February 07, 2018, 01:29:43 PM
Any speculation about this dentcoin which can be use to buy and sell data?
And they are releasing thier android app this february,.

with Dent idea is good but implementation can very tough given that so many telecom are already competing for low price data. Some of them are even offering lower price than what Dent is offering. Investment wise it can rise if you leave it alone and see where they're at after a year.
699  Alternate cryptocurrencies / Altcoin Discussion / Re: Can world Government Kill Crypto? on: February 07, 2018, 01:21:44 PM
"Even after China’s ban on ICOs in Oct. 2017, Bitcoin didn’t give up. It came up stronger than ever increasing in value from $4,000+ in October to nearly $20,000 in Dec. 2017. Because centralized governments will always hold monopoly on the value of money, Bitcoin enthusiasts will never get to see cryptocurrency replace national currencies. Regardless, just because South Korea, China, the US and other countries can crush Bitcoin by issuing new regulations and influencing cryptocurrency prices, it doesn’t mean they can kill it."

I think that's a good way to look at it. Government can try to regulate exchange as they already do but they cannot completely crush crypto unless they shut down the internet.
700  Alternate cryptocurrencies / Altcoin Discussion / Re: How long do you think will the dip continue for? on: February 07, 2018, 06:29:47 AM
I think the major dip is finally over, but I am assuming we will see a lot of small dips going forward from here. Hopefully by April we will be back where we were a month ago. From there it would be nice to shoot back to November numbers...of course.

Yes, it looks like blood bath is finally over and now we can expect an uptrend going forward.
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