Username: Yaunfitda
Post Count: 317
BTC Address: 1CaBDSUQHzi2HKTy88UVgwWJegvnKZRWWT

Hello there and welcome to the community.


First off. It looks like you have something in mind that has the potential to push new boundaries in terms of new coins. But you have to understand that's its very competitive out there and you need to have as least a unique project that most of us will see as the next big thing. So you need a project team, I recommend you to visit the Project Development thread:

https://bitcointalk.org/index.php?board=12.0

Or the Services section:

https://bitcointalk.org/index.php?board=52.0

In addition to that, you need capital as well to pay for the development team. Usually they ask for escrows first before starting on your project. Also, just asked for portfolio if you have narrow down who's you gonna hire, and look as well at their trust system. So its a daunting task to begin with, but if you are really focus on reaching your goals then no one can stop you. Goodluck.

There are really a lot of new investors out there who are more willing to put their money into the ecosystem thinking they can be rich. Well, it could go either way. Other's will be disappointed, while most of us will really stay long and try to chase our dream.

Yes, we are getting bigger and bigger, just look at how the trading platform is today, lots of complaints like being too slow. This is the result of bitcoin and crypto enthusiast expanding and they can't cope with the speed of how much users are making accounts because they don't want to miss the opportunity to get profits.

What happens when they jump out? Nothing in the long run, obviously there's a impact on the price, but it will be just temporary. Maybe we can compare them when China left. Massive dumps but soon we have recovered and rebounded from such catastrophe and went even further ahead. And if you are smart enough, that would be the ideal time to buy bitcoins because it would be inexpensive and you can accumulate more than you expected.

Good observation. I also consider Ethereum as undervalued. Well the price today is just below $700 but it should be moving to the 4 digits range a few months ago. And it seems that both of them are being pump. Whether this is organic or just temporary, we still don't know. And Litecoins is already correcting itself, ~$300 by now. And it looks like they are now looking for the next coins to be pump. Maybe Cardano or Ripple is next. 


Yes, Ethereum has so much potential but why it is just being pump now? Why not like 3 months ago? Its smart contracts is one of the best technology, however, companies has overlooked it. I don't know about Litecoin, but Ethereum has really a bright future if only other industries will utilizes it to improve or to advance their current system. And as the demand grows overtime, the price could also go up touching $1K. Remains to be seen though.

I think the story was highlighted because the man who have lost $22K was partially disabled. And he invested his life savings to cryptocurrency.


He thought that the was really talking to the customer support. And by my reckoning "trusted" the person on the other side. That's why he let his guard down by giving away his password. And then if was already too late. Money is gone and so is this man's life savings.


In my view, he truly thought the number he called is the customer support. There's also another thread that I read before  similar to this. But what's strange is that he search for the number of the trading platform on the web and got the so-called "support" number, however, its the scammers weird though. We can't really emphasize how to protect our accounts, one mistakes and all our investments vanished in thin air. NO one is immune.

Goodluck finding your Santa that is willing to give your bitcoin as a gift.

Of course everyone here wants like 1 BTC from CryptoSanta hahahhaah. Just post your bitcoin address somewhere in your home and wait and watch it in blockchain in Dec. 25 to see your wish come true.


I suspected that you are already earning big amounts of bitcoin already that's why you declined presents from your Mom. But voucher? I would take it as well without blinking an eye.

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Sometimes I believed that we need this kind of thread to lighten all of us. No need to take everything seriously. And we all know for certain that this thing won't happen in real life. However, we have worked very hard all year round and takes entirely with focus and seriousness, that a good thread like this brightens everyone. 

How about QTUM guys? it started as hype as well in February but I wasn't able to follow though. Do you think it will be the next coins to be pump?

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It's already been pumped already and was surprised to see it jumped to #11 as per coinmarketcap. I don't know though if its a good coin to hold. But I might be wrong here.


The thing with Litecoin, is that in November its not even touching $80 dollars. I think I bought around that price. However, I  have sell everything when it reaches $300++. I guess I consider myself lucky when I bought it. Damn was happy that it was pump and I was able to exit just in time.


Good call mate. I will try to look at this coins and see how it goes. Specially NXT and TRX. TRX though is already pumped, maybe we need to focus on NEO and NXT then and wait for the pumpers.

You don't need to panic. Simple as that. I think you are just earn and think that bitcoin or crypto is a get rich scheme. It is not. And I would consider you as investors who have bought it without really understanding how it works and what volatility means. Just my .2 cent, just stay away from looking at the price now and take a deep breath.

This is how the market is, sometimes the price goes down, and most of the time the price is on the green side. But what happens if the price is going down? Maybe a few is cashing it out, or converting to other coins. But you don't have to do the same. The best thing to do is just hodl on your coins and not sell it because, instead of gaining, you will end up losing.

I suggest you go around the forum. There are a lot of similar threads and you will see the same response all over again. Don't panic because it will just do harm and you will regret your decision selling specially when you see the price going up again. On the other hand, its a perfect time to buy cryptos because the price is cheap.

That's a good one mate. I'm sure you bought the latest model of either Samsung or Iphone. So its really possible for a newbie though to earn that much? Methinks something is wrong here.


Dump it once you got the coins. LOL. Well, as far as know, tokens are worthless and should be dump right away once you got it before it becomes useless.

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I myself haven't participated in a bounty, but from what I read in the forum, it really depends on the ICO that you have joined, and bounties are very profitable for Senior and up because they received the most reward. And I saw a thread before that he received .5 BTC bitcoin for one - two months of work in bounties, I don't know though if is he just trolling or what. And another tip I got is that they usually dump their tokens immediately once they got it because chances once the coins is listed, it will be pump so you need to ride the waves, so to speak. And I feel that it is very rewarding on your part after all those hardwork.

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Oh thanks for the tip. It looks like its better to look for bounties that can a few participants so that the distribution of tokens amongst those who really stay up to the end will be huge. I'll keep that in mind.

Damn mate, what a difference if you have just waited more, since you have already the mental toughness to last 2 years waiting for it to grow. I think you have already move forward then. I have the same experience though, could have 7 bitcoins by today.  


Exactly that's the very definition of Weak Hands - impatient, and not holding on their coins tightly. And to add to that, they really think that the price will really go on parabolic all the time. And then when the graph shows that it is dropping, they quickly push the sell orders, all because they panic. In this kind of industry mindset and feelings are very important. If you are very soft, you can't last in this world. Learn how to control your emotions and be patience so that go on a distance and earn huge amount of bitcoins.

I will stick to my believed that there are really Gold investors who are flocking into crypto market from behind. Of course they are not dumping their gold investments to shift to bitcoin. Its better to hold them both are leverage or something like a hedge in economic crisis. Gold has already a proven record on that.

The last major and widely hedge of gold is during WW2. As for bitcoin, I think we can consider Venezuela and Zimbabwe as case studies for using bitcoin to help them out in each respectively economic turmoil.

There's already a lot of thread and debate about Gold and Bitcoin. Won't go that further. But if I'm given the chance to choose, I will have them both.  . It's not greed, its more of a contingency plan more than ever on my end.

Just what members pointed out, they are not wallet that is good for holding your bitcoins, specially huge amounts. Here is the Ann thread on Nova. Just check it out and decide for yourself.

[ANN] Novaexchange.com - Crypto currency exchange

But if you really want to have a safe and trusted wallet for storing your bitcoin used this one:

https://electrum.org/#home

For storing ETH and tokens:

https://www.myetherwallet.com/

And here is the link of all trusted wallets as far as bitcoin is concern. Choose what's appropriate for you.

https://bitcoin.org/en/choose-your-wallet

Again, exchanges are not safe to store your coins because in a likelihood of a hack, chances are that your coins could be stolen. And if you don't hold the private keys, its not your coins.

You also need to protect them. You can search the forum for more tips on safeguarding your wallet. Better be safe than sorry dude. Hackers are targeting us because of the huge money involved.


I used GreenAddress too. Another trusted and safe wallet as well to keep your bitcoins.

From my personal perspective, bitcoin should be really be a long term investment now. It is not what is looks like though in the beginning. It was just for micro-payments structure, however when people saw that you can actually store your wealth in bitcoin wallet, let it rest there for a while and see it grows overtime in becomes one of the best long term investment you can have.

As for short term investment, it is also good as well because you can earn a substantial financial gain in a very short amount of time. You realized and hold your profits immediately, but risk is there, and if you don't know how to mitigate it, your short term investment will be wipe out from you without knowing it.

So its really a choice and depends what the individual is capable as far as his money goes. If he/she is a risk taker and wants to see profits instantly, then short term is most appropriate, but if you don't want pressure and tension, then go long term with minimum of 3 - 5 years.

2 years is a safe estimate. This year alone bitcoin rose exponentially to more than 1000%. So if we are all going to based on that, next 2-3, $50K is possible.

I just hope that investment institution that have been embracing will not be a drawback to bitcoin. And them coming in will likely increase the chance of bitcoin price being manipulated by big entities such as those institution.

This 2017 is the best year so far, but I'm looking at the next couple of years which will be critical to the market. Let's see how it goes, people are still talking about bitcoin being a bubble and soon be burst. However, personally if ever it will be burst, I'm sure that it will come back even stronger.

And once 50K is surpass, another set of investors will join the millionaires or even billionaires club.

This is the initial impression of people who have bitcoin for the first time, it is being used by criminals underground. Its an exploit that those bad guys found on bitcoin and they simply take advantage of it. But if they think that using bitcoin can hide them, they are all wrong. Bitcoin is not anonymous. Everyone can be followed in blockchain.

I agree however, its really inevitable, but don't take bitcoin in bad light because it was not plan to be used by criminals. It was designed by Satoshi as P2P and as micro payment.

But we can't stop criminals taking advantage, that's how they'd be, crooks who uses their God given talents to stole and abuse every system that they can found. And its sad that they given bitcoin a bad reputation.

Its OK mate. At least you have somewhat releases the stress out of your chest. There are even members here I've seen thinking of taking their life because they have made stupid moves and lost a lot.

And this is a hard lessons for you to swallow but I'm sure that you will get how this crypto market works. It doesn't work with emotions and you need a lot of patience in order to succeed. Learn from this mistakes.

Don't put everything on yourself and you are not first and will not be the last one to made such "stupid" mistakes. The best way is to move forward forget everything and start from scratch. It's not too late, there's a lot of opportunities in the future. This is just another bump along the way. I can feel you because I have experienced this as well.

Yeah, bitcoin could really break the $300b market cap very soon as it sits around 57% of the total crypto marketcap. Really scary though to think bitcoin started this year at $700 and not it grows to $17K. If we crosses $20K this year, I think $300b market cap will also be touch.

I agree that marketcap is not a good barometer to measure coins real value, but you can't help to be astonished how much money is being poured in bitcoin and crypto currencies in general.

If we continue with this trend then there's no doubt that 1 trillion could be cross as well next year.

Mostly crypto's is fuel by the Asian investors, and I don't think that we will see a slow down next year. On the contrary, I'm seeing Japan and South Korea will still lead this march, with US and the rest of the Western Hemisphere at its side. 2018 will be another exciting year for crypto, no doubt about it.

It already crosses $17K, I hope that breaking the $16K resistance will stay as it is. I observed that last couple of days that breaking that wall is so difficult and I was happy seeing the price above $17K now. Let see how it goes. Lately the price volatility has been reduced significantly. Don't know if this is influenced by those financial institution embracing bitcoin. Or the price has already reaches it peak this year.


Again, let see how it goes. 20K is the most anticipated price this days. Many have been very positive that we can cross it this year. It will be good moment for us to end this year seeing bitcoin at this price. CME hasn't yet started, so there's a chance that we could get there in time. Anything is possible, no need to question that. The question is how tough for anyone not to sell our coins seeing the price touching this price.

I think that the OP has raised a valid point. However, it cut both ways. If investors see that bitcoin price is somewhat leveling, there are chances that they are going and shy away from the ecosystem. On the other hand, a new set of investors will come in because that's what they are looking for, bitcoin price somewhat stabilizing and volatility reduced.

But its hard to tell at this point. There's another bitcoin future contracts looming on the 18, we need to see how this CME offering could impact the current prices in a positive way.

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You really don't get it. Like 3 weeks ago, financial institutions offering bitcoin future contracts is all rumors. That's why the price keeps getting pushed on anticipation of the said offering. And now that CME offering started, we see just a few minor price swings and the price is slowly stabilizing.


But as far as scalability is concern, LN should be good short term. What we need is a long term solution. For me LN it just like patch a band aid of sort. We need solution if we want bitcoin to be a true "P2P" as envisioned by Satoshi.

I really like your optimism that bitcoin can go to 1 million in 2018. But let's be real and honest here, there's no way that it can go that high in about a year. I would have believed if you says $100K, but 1 million not possible. Sorry.

Being used by central banks? Isn't it they are the first one to ban crypto's? How can they be using as global standard ledger? Again, I would have consider if they are going to apply blockchain technology. Bitcoin and Blockchain technology is different.

I also don't agree that dollar on any monetary unit will just fade in the face of the earth just like that. They will give a fight believed me and its not that easy to eliminate it.

I know that we all want to get rich through bitcoin, but it is easier said than done. I also want to see it touches 1 million in 2018 so that everyone here will be very wealthy, but it looks like you are out of range with your predictions here. Actually we can all call this a "dream".