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6821  Alternate cryptocurrencies / Altcoin Discussion / Re: Helbiz Coin, legit or Scam? on: April 20, 2018, 06:23:49 PM
I do not understand you, why do you need to know whether it is legal or not. You got free tokens that will soon be able to sell and make a profit, is not that good? Why think so deeply?
The idea of the project is very interesting, but everything will depend on demand, if people install their application and use it, the price will be high. In any case, personally, I would sell it right away and get 1,5 etherium, which now corresponds to $ 750, which is a very good amount for a simple airdrop). It's a pity that I did not participate.

Exactly, he received free tokens thru airdrop and now he is doubting if the ICO is legit or not? Are you doubting because what you got is so high? The only way to find out is on April 26. But be sure that you be online to witness everything or even dump your token at the very beginning because we all know that usually when the token hits a trading exchanges is either the price pumps so hard or the price suddenly goes on a downward spiral.

So its really up to you what you gonna do with the token. But I agree, I would also dump it and not wait for the price to be pump. Base on other bounties I joined, I waited resulting in the tokens losing its values overtime.
6822  Alternate cryptocurrencies / Altcoin Discussion / Re: Your thoughts on the Savedroid exit scam 'stunt ' on: April 20, 2018, 05:55:59 PM
I will be pissed off if I'm a investor of this Savedroid ICO and I wouldn't surprised that we will not get anymore trust because of this stunt. I agree that he wanted to convey a message, but it not the appropriate way to bring your message across. What if someone who invested tons of money and seeing that the website and all social media account is gone. There is a possibility that investor will be depressed and might committed suicide.

So I would say that this prank has done more harm than good and he lost all his credibility here. That motherf**** playing pranks when millions of dollars is on the line is no laughing joke.
6823  Bitcoin / Bitcoin Discussion / Re: The UK launches Bitcoin Futures. on: April 20, 2018, 05:17:30 PM
Great news as the U.K launches her Futures. The last time US did same, the price of bitcoin increased fairly.
In like manner, this move by the UK can reverse the downward movement of bitcoin prices.

Yeah, CME and CBoE bitcoin future contract offerings in December really push the price to its all-time-high. However, after that the price went on a spiral and we bottom at $6K with almost 80% downtrend. I'm not saying that the UK bitcoin future contracts is going to bad on the market, what I'm trying to say is that we have seen what happen before, and I hope that the pattern will not be the same.

Currently the price goes up around $8500 which is a good sign that maybe this announcement made a lot of UK investors push their cash on the market. But lets see, its too early to say what's the effect long term.
6824  Economy / Economics / Re: Weaknessess of bitcoin on: April 20, 2018, 12:59:48 AM
BTC is very small in the real world! People in many countries in the world do not know BTC, there is no way to use BTC!

And BTC's impact on the real economy is limited!

Its not true. Bitcoin is not small infact many countries worldwide are now using it already. Bitcoin today is now verry famous and verry well known due its amazing features. However bitcoin do have weaknesses or disadvantages, few of them is bitcoin wont possibly work without the help of internet connection because bitcoin is a digital currency which means it needs an internet and electricity as well in order to operate the device.

There's  still a small percentage around the world that uses bitcoin as far as I know. Although its growing at a astronomical rate but I don't think we even have reached like 5-10% of usage globally.

Of course there are weaknesses and this are being taken advantage of hackers, scam artist , criminals and even terrorist. That's why government is very adamant to even accept bitcoin. although it has advantage for most of us, its just sad that there are also a lot of people who exploited it to their advantage.
6825  Alternate cryptocurrencies / Altcoin Discussion / Re: TOKENSUITE, WHAT CAN YOU SAY ABOUT IT? on: April 19, 2018, 11:54:28 PM
Have you heard about token suite? Did you experience participatng in their bounties? What can you say about it?
Are their bounties are paying right?

No, I haven't heard about that token suite so I can't say if they are going to pay or not. We all gonna learn if they are going to pay until the end of ICO right? So there's no one can say for certain.

I participated Debitum Network lately that they managed and yes it is a successful ICO and they paid right. And right now I'm currently participating one of their bounty the "PhotoChain" 😉

Ok, you have been paid from the previous campaign then why are questioning them? As bounty hunters you should know that there are risk involved because you are promoting something that is not really out of the market yet so there's really a possibility that someone will run off with investors money and scam everyone including bounty hunters.
6826  Alternate cryptocurrencies / Altcoin Discussion / Re: $8,000 worth ETH stolen on: April 19, 2018, 11:24:40 PM
My ETH account got hacked.
My ETH address: 0xeA93c05EEbfb134951B1bFac10358625B7A12C43

I did bounty and collected tokens from 29 ICOs. I kept them so when the price increased then I will sell them.

But a hacker stole my account.

Hacker's ETH address: 0x405e23ddfdc59e847cbf6f953d0115ed2ae96a8e

I kept everything secure and nobody knew my private key. Dont know how I got hacked.

Is there a way to identify the hacker from that address?

And can I do anything to get my ETH & tokens back?

And looks like he is still hacking other accounts.

Sadly we all know that most crypto's and token transactions are irreversible and no name attached to it, so I doubt that you have the chance to get it back. The only thing I can think of is that you are probably phished, that's why he was able to gain access to your private keys.

And really sorry that you lost a lot of money mate, and I just checked the account and it looks like it all happened like 7 hours ago. All we can do right now and just be vigilant and really take care of our accounts  because those hackers are really targeting everyone here, specially those account who have a fairly huge amount on their wallets.
6827  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Dominance Going Down Good or Bad on: April 19, 2018, 02:54:27 PM
BTC dominance has been slowly droping again in your opinion is it a good or bad thing for crypto in general
id personally rather it drop rock bottom so altcoin prices do not need to rely on bitcoin prices
I noticed that the smaller the Bitcoin percentage of capitalization, the better for the crypto currency. Now I'm almost completely in altcoins. I'm waiting for growth. We need to closely monitor these indicators.

ive seem to see the same thing i own mostly altcoins but do also own btc i want to see btc go down to around 3-4k mark as i think its just way overpriced. however i dont really like when altcoin prices drops just becuase bitcoin drops or viceversa. in saying that if btc dominanace drops to all time low it may bring bitcoin down and bitcoin going down may crash the crypto market
really waiting for the day that each crypto relys on itself rather than bitcoin

But we may not see that day because even though that bitcoin dominance is going down, it still remain on top of the list. And we all know that there seems to be correlation between bitcoin and all other alts.

If bitcoin is down, it maybe a possibility that investors are shifting their funds on altcoin market. But when bitcoin is going up, one can speculate that people offloading some of their altcoin portfolios and moving it to bitcoin ecosystem. So I can't see any other coins standing up on its own and not relying on bitcoin's price movement.
6828  Economy / Speculation / Re: Bitcoin can go to new highs or it has already peaked? on: April 19, 2018, 01:13:09 PM
I heard that bitcoin is a bubble that has begun to burst, but this is not the first time that annalists says that.

Bitcoin went from as high as almost $20K last December and then we see it dramatic fall to $6K. So yeah, its looks like it has been burst.

Imo the awareness about digital assets can always increase, and investors will come across.

Of course, crypto currency is fairly young. I don't know how many have known it or how many have investment on it. Probably around 1-5% of the total population. So there's still a lot of growth in the next coming years.

Wouldn't this be a reason for such affirmative from annalists be wrong? What are other reasons that make you believe that bitcoin will rise again?

Again, despite all this crackdown from government around the world, the number one reason that bitcoin could rise is that people think that is one of the best investment to grow your money in short amount of time. Plus it can be used to transfer money around the world with less cost and fast as compare to a traditional wire transfer.
6829  Alternate cryptocurrencies / Altcoin Discussion / Re: If bitcoin hits 1 mil in 2020 I will be a millionaire in 2019 on: April 18, 2018, 10:55:31 PM
I think if bitcoin hits 1 mil in 2020 I have a chance to become a millionaire by 2019. I have at least 2 btc in alts. Jus saying if btc hits 550k in 2019 and 1 mil in 2020. I'll be a millionaire with alts rather than bitcoin next year. Thank u and see u next year.

Very nice. I hope though that you have that mental toughness to hold that coins in your wallet so that you can realized your dreams of becoming a crypto millionaire. That is, if your prediction (or John McAfee) will hold true.

As much as everyone here is bullish about bitcoin, but 1 million = 1 BTC is far fetched in my opinion. Anyways if you are really interested in you are still in the mark towards 1 million, here's a bitcoin price tracker for you,

https://fnordprefekt.de/

Its all about John McAfee's prediction. And based on his computation, bitcoin is 3.xxx % below the forecast based on the current price.

Quote
Is this really possible? Bitcoin needs to grow at a rate of 0.4840957034999999 % per day.
6830  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Soros is getting into crypto! on: April 18, 2018, 09:31:46 PM
Most people underestimate that guy.

If he was going to buy some stock, would he let the retail market know ahead of time?

So he could get a worse price? Why would he do that.

I am thinking he is either already in and wants price to rise a little bit more so he can get out and is trying to pump it.

Or he is just doing it to promote his fund and potentially get more business. Because people are crazy with anything that has the word "blockchain" in it.



You made a good point. He is old and experience and knows all the tricks in the books. By riding the popularity of bitcoin and blockchain, he might look good for young investors and potentially get them on his business and will result in a instant boom and profit on his end.

He probably was in when the price hits bottom and now he is pumping it just like what other influencer is doing. Pumping it in a good way so that he can make more profit and then make his decision to continue or not.
6831  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Another Bear Market coming soon? on: April 18, 2018, 08:57:59 PM
Some people believe the market will crash anytime soon and then slowly the market cap will go up and the REAL bull market will start. In other words what you are seeing now is a false flag!

It is possible! What do you think?

I guess by now we are all aware that everything is really possible, we never have thought that bitcoin will make a dramatic fall from $19K to $6K but it happened, so I guess if another bear market sets it, no one should be caught by surprise.

However, its looks like we already hit the bottom twice around last week of March up to the first few days of April. That's why we have noticed that the market is slowly getting up, bitcoin above $8K now and ethereum stands at $500.

It is possible, YES, but at this point I'm not seeing the bears but in seems that the bulls and the herds are slowly consolidating and just started some mini runs and now testing the barrier at $8500 for bitcoin.
6832  Bitcoin / Bitcoin Discussion / IMF Chief Christine Lagarde Second Blog Post regarding Crypto's on: April 18, 2018, 01:27:02 AM
As you all know, last month Lagarde's discusses the dark side of crypto of which almost of all us see as an attack on crypto. However on her second official IMF blog post here: https://blogs.imf.org/2018/04/16/an-even-handed-approach-to-crypto-assets/, she seems to be very positive about crypto.

Quote

Fast, inexpensive

- Crypto-assets enable fast and inexpensive financial transactions, while offering some of the convenience of cash. Some payment services now make overseas transfers in a matter of hours, not days. If privately issued crypto-assets remain risky and unstable, there may be demand for central banks to provide digital forms of money―an idea we explore in the forthcoming Global Financial Stability Report.

- The underlying technology of crypto-assets—distributed ledger technology, or DLT—could help financial markets function more efficiently. Self-executing and self-enforcing “smart contracts” could eliminate the need for some intermediaries. Already, the Australian Securities Exchange has said it plans to use DLT to manage the clearing and settlement of equity transactions.

- Secure storage of important records is another promising use for DLT. Healthcare companies are studying how to use the technology to maintain confidential medical data while providing access to insurers and other authorized users.

- In developing economies, such advances can help secure property rights, increase market confidence and promote investment. In Ghana, where property ownership is often the subject of disputes, a DLT-based platform called Bitland promises to help solve the problem by securely recording land sales.


Looks like a strong word coming from her. We all know how she can impact the economy of a lot of countries. So I'm sure that with this kind of statement, I wouldn't be surprise if crypto in the next coming days will at least get a good pump. What do you guys think?
6833  Economy / Trading Discussion / Re: Correction or Depression on: April 18, 2018, 12:44:58 AM
The crypto sphere is in an uncertain state. The bullish run ATH of December has been replaced by the persistent and sideways of early Q2. Some analysts think it's Cryptocurrency Depression, citing some indicators. I don't know guys. What do you do think?

I wouldn't call it depression. I guess by now everyone really understand how the market works. Specially for those irrational buyers in December. They thought that the dramatic rise would go on forever, sadly after that bullish run every falls and we are still down more than 50% from that all-time-high. And with all the governments and regulations being put up, we still need to brace for more sideways or even a downtrend.

But if you have been engaging i crypto for at least more than a year, I'm sure that this downtrend you learn from the past. We may be experiencing a crisis, but just one positive news will turn this market around. So to answer you, I think that this is just another test and the market will see a recovery soon specially news like Lightning Network being rolled out.
6834  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What's your price prediction on Bitcoin by the end of 2018? on: April 17, 2018, 11:57:26 PM
In 2011 it went from pennies to $20, then back down to $4. In 2013 it went from $4 to $200, back down to $60 and then up to $1000 and then back down to $300. It fluctuated a few times before 2017 when it went to $20,000 and then back down to $6000… All of those previous swings are larger than the swings we’re seeing now. Once bitcoin regain it's upward trend what's your price prediction for its all time  price record?? Wink

The previous price doesn't have anything to do with the current situation. As we know, when bitcoin started, only a few people who is really technology enthusiasts know about it. Hence, there are only people who invest on it, which means there's a lot market demand. As time goes by, investors and bitcoin traders are increasing as bitcoin is getting everyone's attention. So, I think as time goes by, there's no other way than for bitcoin to go up.

But the previous price is a good gauge to see how far we go. So its really good to see and evaluate based on its price history. As far as predicting the price, its really hard to say where we can go at the end of the year. But I will still remain bullish about it and despite everything, I see that the price can get to another all-time-high this December.

We still have a long to way to go and its early to call, but again, based on bitcoin past records, every year during December the price reaches its peak so I'm speculating that it can happen again this year despite starting 2018 at the wrong foot.
6835  Alternate cryptocurrencies / Speculation (Altcoins) / Re: 2018 is stabity year ? on: April 17, 2018, 11:30:04 PM


http://www.scmp.com/business/article/2140811/mature-cryptocurrency-market-draw-more-institutional-traders-year-analyst
...........
The value of cryptocurrencies has plunged more than 50 per cent this year, but some analysts are upbeat the asset class will grow more popular and mature this year, with a gradual increase in trading volume and decrease in volatility. ..........

I wouldn't categorized it a stability year, with so much FUD and a lot of countries setting the tone of what could be this year (tighter regulations, bans) so this year for me would be very unstable and tumultuous.

However, we have seen how bitcoin is very resilient, we may be seeing a crisis, because the market really went down so hard in the last 3 months or so. But rest assured that we can overcome all of this because despite of all the negativity, bitcoin is alive and even trying to get up from the ground. So yes, I'm very optimistic that it has a lot of legwork to move and may see it hit another all-time-high in December.
6836  Alternate cryptocurrencies / Altcoin Discussion / Re: I buy or sell, I'm always not satisfied !? Maybe it's good or not?) on: April 17, 2018, 10:45:53 PM
I buy or sell, I'm always not satisfied !? Maybe it's good or not?)
Tell us about your main mistakes in the crypto market, this experience can be useful for many!


You mean that you are satisfied with your profits? If yes, then that's a sign that you are too greedy mate, sorry to say. If you are a day trader a good margin of profit should be set, because we all know how volatile this market is, so if you are really looking for me, sooner or later who will hit a bad decision so its better to stick or at least take a good profit and you are good to go.

Main mistakes is pretty obvious, Don't be greedy. Write down your entry and exit point and don't over extend it. Its risky out there, so its better to make some profits instead of getting into negatives. Goodluck on your trading journey.
6837  Alternate cryptocurrencies / Altcoin Discussion / Re: Not every blockchain project has a good future on: April 17, 2018, 10:10:54 PM
Hi,

I see a lot of great projects..
But also a lot of project which I don’t like.


Here is why
Not every project needs blockchain. Or not every blockchain project will survive.
In a project you need also a good businessplan and marketing.

Example
I saw Friendz which is a social media project. Nice plan but don’t think it will replace Facebook because
it is in blockchain. You need a lot more.. A LOT MORE to best orher companies with a centralized system.

Be carefull and good luck with your investment


Of course, because some of them are really copy cat of a previous project, they just added few variations and changed the name, so if you are really into crypto investors you will notice this a lot and most probably won't invest on those.

That's why we should use our common sense here. You need to filter out every ICO that's been popping around and not just joined because of the hype that surrounds it. And later turns out to be a scam.

Interesting you to put Friendz, because the moment I see this project, I have a good chuckle and I agree that it will face a hard time to succeed but who knows. But at this point, I will not put any investment on them. Sorry.
6838  Alternate cryptocurrencies / Altcoin Discussion / Re: 99% OF ALL FAUCETS ARE TOTAL SCAMS!!!! on: April 16, 2018, 07:47:56 PM
This statement was actually a quote from someone in a Telegram group.  Apparently some tokens promise to pay you crypto as a reward for doing stuff, like watching videos or ads. Sounds great, right? However, sometimes it also involves you downloading an app/program, which could give you malware and steal your cryptos!

Do you think crypto faucets are a great way to get free tokens or is it a total scam?



I totally forget faucet claiming because its not worth the effort. I'm sure that as a beginner, you will really find it attractive, but as you gain experienced a long the way, you will also abandoned it because it will take you a lot of time just to get the minimum amounts of withdrawal.

But it looks like scammers have also exploited this system as you have pointed it. That's why everyone should really stay away with faucets because of this incident. So to answer you, its not a good way to get free tokens. Just joined bounties and you will get more than spending all the time claiming faucets for tokens.
6839  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitfinex launches a new platform engine. on: April 16, 2018, 05:56:45 PM
Bitfinex launches a new platform engine.
The new Bitfinex platform engine supports the trading of crypto-currencies and other financial instruments through computerized site management based on software and electronic data matching systems. Thus, in the automatic mode, the transactions on the platform are compared, the orders are distributed to buy / sell between users through a certain set of algorithms and rules.
Who what think about it? Huh


Do you have at least a link so that we can see it?

I just checked their latest post and they say that they are doing some performance update but didn't mentioned about the new platform engine. Anyways, it will be a good news for everyone, but I doubt that casual traders though are interested in this new engine platform as most of us just look for the trends before making buy / sell orders.

But as long as it will help traders, then why not, let's see how this new engine will really live up to its hype and see how traders response will be. We all know that crypto user based is growing and exchanges really need to upgrade there engine to be able to cope up with the high demands.

6840  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ripple. The Bulls are preparing a counter strike. Perhaps, up to $ 0.9 on: April 16, 2018, 04:07:52 PM
Apparently, I would not be surprise if it rose to $0.9 or even higher as the price is above $0.6 right now. But the problem is how high it can get before another crash. We have seen its better days and did overtake Ethereum for a brief moment so I wouldn't really be surprise if the bulls are going to pump it hard as well in the coming days.

But is it sustainable? or another pump-and-dump (which we already witnessed)? Well if we really don't want to miss the boat is better to jump in early but I would prepare to be a long term this time, and not to stress myself of daily trader.
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