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721  Alternate cryptocurrencies / Altcoin Discussion / Re: how to avoid fraudulent projects? on: October 22, 2019, 07:58:12 AM
How to identify suspicious projects? checking the team behind the crypto project is useless on determining if its scam or not, nowadays its just easy to create a fake account , so even you are checking it carefully you will never know if the information you are reading is fake or not.

even checking the white paper is nonsense. a friend showed me an ICO that seems to be good, and a couple of weeks later they took all the money and left the coin, that's why I don't like to invest in ICOs and any new project, hopefully we'll have more tools to know when to invest in a good project, that way people are going to invest more in their great project.
Exactly, using unknown identification nowadays can be done due to the selling of private information in the black market. Checking only the background of the team was not enough to secure the legitimacy of the project.
Further investigations like feedbacks about the project and also looking for their platform if they have the capability to do such things.
722  Alternate cryptocurrencies / Altcoin Discussion / Re: WHY DOES BOUNTY PROJECTS TAKE TIME TO ENTER A MARKET on: October 22, 2019, 04:05:16 AM
I Notice that most projects that conducted bounty finds it difficult to enter the crypto market especially a quality market. i think most are afraid of been dump.
what are the possible reasons why tokens takes too much time before getting listed on exchange.   
In this time with current market condition, I see almost projects that have bounty program are ICO, not IEO. But ICO is dying, they can't raise fund through this way, and it's the reason why they are constantly delayed in listing on exchanges.

but for some time ago this happened in some projects, they provided a target market list but they did not fulfill it in this sense I am talking that the planned target was not appropriate. and for now there are indeed many projects that fail to enter the market list because several ways to enter a stock exchange require a lot of funds and also assistance from large communities and for current projects it is difficult to get that right

Many ICO projects fail because many are disliked by investors and the community, ICO sales are difficult to predict and rarely reach softcap, for example the CMA project can be said to be a failure because the funds can not reach the target and even though it has been listed at IDAX, Forkdelta and Felixo keep the tokens into rubbish of no value, and the project is difficult to develop on the exchange.
Due to the mass production of scam projects, investors started to avoid investing in ICO.
This becomes the primary reason why most of the projects were not able to enter in any exchange, they lack allocated funds due to insufficient numbers of investors.
723  Alternate cryptocurrencies / Altcoin Discussion / Re: If You Died Tomorrow, What Would Happen To Your Crypto? on: October 22, 2019, 02:44:56 AM
I have already told someone dear to me regarding my crypto, so if ever anything happens to me, she can use my crypto savings in any way she wants. I know she can use it in a good way because I really trust her so much.
I also divided my crypto so my family can get half of my crypto investment.
724  Alternate cryptocurrencies / Altcoin Discussion / Re: Returning to crypto since the bubble. How to split BCH? on: October 22, 2019, 02:11:24 AM
Hi, I've been out of crypto for a long time. I left after making the dumb move of not selling during the bubble and told myself I'd come back in a few years which is now.

However, I saw that BCH has split into BCHABC and BCHSV.
And it was a while ago too. I've been gone for a while.

However, I still have BCH Presplit on my ledger nano.
Is there still a way to split the BCH?

Are there any exchanges that could do it automatically?

Thanks
Please refer to the below link:
https://coinomi.freshdesk.com/support/solutions/articles/29000026274-bch-abc-bsv-fork-information-splitting

You can still do it by following these steps. As I have read, splitting is safe, but still be careful with your actions Wink
725  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do Investors always turn to reduce or deny bounty hunters their payments on: October 22, 2019, 01:37:39 AM
changes are inevitable and must be included. imagine running a bounty of 10,000,000 total worth of the project token distributed across different social media tasks. Towards the end of the campaign, you realize the participants are fewer than anticipated for. You will be left with no other choice than to reduce the bounty allocation because if not, you will just be given your token for free which will be dump immediately you are able to list it in any exchange which will affect any cadre of investors.
It is also stated in bounty campaigns that any changes can happen if the project decided. They can make any adjustment and changes on their own will. Since they are the one who's creating their own policy and regulation. As participating in the campaigns, we should read and understand this circumstance.
726  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO projects with very good rating on: October 21, 2019, 04:18:53 PM
The ICO rating companies are already tarnished and not a credible reference in choosing the right project. I think these companies should also undergo government regulations because we don't know who these people are, some of them might portray experts in the field but without a single diploma to show. The best rating site that I can recommend so far is this forum itself.  
In my own point of view, the reason why ICO projects have very good rating because some of them are paid for advertising or promoting those projects, which i suggest don't be fooled by those ratings because you might get scammed. Some comments and ratings in this forum are also not legitimate because they are also paid especially for low rank members, that is why you should only depend on members that has high rank because some of their comments are very informative and useful.
Yes, ico rating sites were just being paid by projects to give them good ratings and promote them to investors in the market. It's no wonder because they only did it because of their business. Trusting ico ratings is not sufficient anymore, we all have to make our own research to avoid projects with an intention to scam their investors and its whole community.
727  Alternate cryptocurrencies / Altcoin Discussion / Re: HELP! I want to invest but don't know which and how. is DigiByte ok? on: October 21, 2019, 03:33:38 PM
DigiByte is okay to invest, it was successfully launched in the market, but you should know the risk.
You dont actually need to invest directly to bitcoin, investment should have a lot of options. like going for digibyte. However, Investment should also be at your own, willingness and facing the risk is the answer.
728  Bitcoin / Bitcoin Discussion / Re: Are People Losing Interest with Bitcoin? on: October 21, 2019, 02:03:45 PM
I am not agree to compare bitcoin popularity just based on price. Answer of your title is, NO. Really no one losing interest from bitcoin. But newbies are not interested to take entry on bitcoin lately due to fair of loss. The volatility of bitcoin is higher and trend is down. So situation is pretty confusing. That's why newbies are bit worried about buy bitcoin now. It doesn't mean existing holder are losing interest. So many people still holding tight. I think current environment is bit against bitcoin and that's why its downtrend. We have to encourage newbies regarding uses of bitcoin so more people will be interested to it. Just don't explain about quick rich method, bitcoin isn't really a quick rich method.
Bitcoin becomes popular because of its price, people are losing their interest because of its price that drops from what it showed last year.
Most of them are newbies who invested only because of the trend. They have entered the crypto community knowing that investing will give them an instant profit, and that also becomes their reason to quit when bearish market comes.
729  Bitcoin / Bitcoin Discussion / Re: You own a decent amount of Bitcoin, How would you increase it on: October 21, 2019, 01:17:54 PM
Greeting all,

I own a decent amount of Bitcoins which were made honestly with right investment & timing since 2012.
During 2017 until 2019, i invested in many different projects and 99% of my investment got wiped almost instantly during 2019.

I did recover some of my losses with the IEO hype but it seems the IEO hype is over now.
I know the right answer is to HODL and just let the sit back and relax but it wont grow my Bitcoins amount.

I read about many so called Bitcoin Banks, Projects,  who promise you 3% interest annually, simply don't believe in holding your bitcoins in one place for such a long time.

So how would you increase your bitcoins?
Since I don't quite have enough investment in bitcoin, I plan on buying and trade some of my remaining cryptocurrency to sum up my bitcoin holdings.
Aside from trading I also have a business and I'm using my earnings to buy until its price is still stable at $8k. Then I'll wait for its price to increase again.
730  Alternate cryptocurrencies / Altcoin Discussion / Re: Bad Devs and CEOs on: October 21, 2019, 12:04:47 PM
They are free to do garbage project to lure investors due to lack of regulation.

If there project is scam they can easily scape without trace because majority of them are using fake profile and identity.

Scammers keep on creating garbage since people are still buying it and thats how they can accumulate money. Its sad that up to now we cant do anything to minimize these scam projects that are existing nowadays.

The only option is to stop investing on that crap project and stop promoting it also,.
but if investors continue doing it even they know what possible can be happen  then we cannot do anything its thier choice .
after too many lost money they will able to understand why they should stop it.
Investors have so many reasons to stop investing. But they still find one reason to invest it is because they want to earn a profit.
It is hard to know if a project is scam or not, that's whey they just invest in a project they think that is legit, we can't blame them, but it's their only way.
731  Alternate cryptocurrencies / Altcoin Discussion / Re: Scam Projects and Bounty . Way forward?? on: October 21, 2019, 11:19:20 AM
The only thing we can do about scammers is to integrate the regulations. The majority of our community is still against any kind of regulations, so it may not happen at all, but in my opinion it is necessary, because the amount of scam projects keeps raising.
If regulation will happen, who will handle it? the government?
It may be good at some point, but manipulation will come after that. I am not against the plan of regulating the cryptocurrency but this should be done with a long discussion to understand the things we should consider.
732  Alternate cryptocurrencies / Altcoin Discussion / Re: Stupid mistake newbies still do till date on: October 21, 2019, 10:14:44 AM
I was in a gathering on message when somebody posted his private key guaranteeing he didn't get an airdrop tokens,I wonder what may have transpired as of now

This is so unfortunate. I think in my early days, I did such mistakes too but I got to know somehow that I was not to expose my private key. I was lucky I have no coin yet on the wallet, so I had to abandon that one and generated another. As a newbie, yes you are prone to such mistake. A time when you really don't much in the world of cryptocurrency. All thanks to this forum.
private keys are indeed a problem that is often done for a beginner. some of them sometimes forget or don't even save it. I also never paid attention to it, and when I lost it, it became a very important lesson for me.

It is true that we need to pay attention to the private keys that we have, such as ATM cards, or our bankbooks, because when you lose it, you lose all your assets. some people try to cover this using hard wallets, but most people save their private keys on hard disks and other data storage places.
We can't fully understand why they kept on losing their private keys, and even give it to others presumed to be their wallet address.
Every time we create new wallets, there is always an instruction regarding the details of our wallet including a warning where you should not share your private key to anyone and keep it as this is the only way to open your wallet.
Newbies are actually skipping every instruction they have to understand which they shouldn't.
733  Other / Beginners & Help / Re: Bitcoin's Weak Points on: October 21, 2019, 09:36:01 AM
The weakest point of bitcoin is that some scoundrels can manipulate it.

Truth as Fck. This is the reality, Disregarding all scalability or whatevs weakpoints of BTC. In reality, You can count in your finger nails those peoples holding huge volume of BTC and any moment. They can dump down to zero the BTC price. This is sucks about BTC. Since the price was already soar high, all early investors and miners can manipulate the price.
That is how the market flows, the more BTC you hold, the more power you have.
We can't call it as a weak point, having more BTC holdings gives you the power, it is your advantage for being early on investing in bitcoin. This is the same as having a fiat currency. If you are rich then you have the power. That's the reality.
734  Bitcoin / Bitcoin Discussion / Re: what is the difference between staking and mining??? on: October 21, 2019, 05:31:18 AM
Let's be specific

Mining - by using a mining tool, you will earn by mining blocks, without needing to invest you can earn daily.

Staking - by investing, for example to a certain coin which is staking is applicable, it will take days up to months before receiving your earnings.
735  Alternate cryptocurrencies / Altcoin Discussion / Re: IEO exchanges not required KYC on: October 21, 2019, 04:13:02 AM
Sometimes, it is actually surprising, but most of them request for it, perhaps because of laws that require it. Well, I am yet to get to the root of it myself. If KYC will be an issue, then wait for it to be officially listed, which might be easier to buy, without  KYC.
Most of those exchange are asking for KYC since they are also required by the laws who covered their permits. Since you are concerned with this
procedures then it's better to buy those coins after being listed as leading exchange allows you to purchased listed coins up to 2 btc without processing
KYC, it's won't be an issue to invest and not be bothered by providing personal information which will continue being anonymous while investing around.
It is better to participate in IEOs that doesn't require KYC. Most of the investors are willing to participate in IEO that are not requiring KYC because they know that their identity is safe.
I like to participate in IEOs and ICOs that do not have KYC.  I'm now afraid to participate in projects that requiring KYC, because there are issues about identity that being sold in the Black market.   
Avoiding KYC is your choice, I am also avoiding projects that require bounty participants to undergo KYC verification which I feel unsafe.
It's every individual's choice whether you participate or not. If you also don't want to submit any information just to receive your reward, it's better to avoid them at the very beginning.
736  Bitcoin / Bitcoin Discussion / Re: Stable Coins are a Threat for Bitcoin? on: October 21, 2019, 03:10:48 AM
Stable coins are not a threat to bitcoin. In terms of trading and earning a profit from volatility bitcoin is still more attractive to stable coin. Stable coin on the other hand is attractive to merchants since the price is not volatile. In some way there are some market impacts on bitcoin but the impact of stablecoin is not much of a threat to bitcoin market.
Indeed, stable coin was just created to minimize the volatility, and there is nothing to be feared about that. Stable coin will not get in the way of bitcoin which we all know that it is the majority of people when it comes to investing in cryptocurrency. bitcoin has the upper hand, it wont affect it at any cost.
737  Alternate cryptocurrencies / Altcoin Discussion / Re: What can make more profit ? on: October 21, 2019, 02:14:04 AM
What you think more profit, participate in IEO or wait after IEO and buy the token from exchanges?

I think this is an easy answer for youre query mate. Of course participating in IEO, dont ever buy tokens after the IEO or already on the exchange this is very risky cause most projects tend to pump on its first week then suddenly will go down. Of course if you bought during its high season then it go low youll be having huge losses there. So if you dont able to join IEO then dont invest yet and wait for it to go down on their IEO price.
It still depends for me, not all every successful coin who have entered on the exchange are pumping, most of them are not even reaching the real price of the coin. Most of the time, bounty hunters including investors are dumping their coins at the very first time to enter their coin to exchange. So basically you can buy cheaper coins in exchange than participating in IEO.
738  Bitcoin / Bitcoin Discussion / Re: Ukraine President a pro-cryto president on: October 20, 2019, 05:08:56 PM
The current Ukrainian president seems to be a supporter of crypto for the country to be a test bed for regulations and gauging interest from the masses before Russia fully adopts it. Or this could be their way of rebuilding Ukraine after a series of devastating economic struggles and social divide between Russian sympathizers and Ukrainian nationalists that happened in the term of Petro Poroshenko. It could be a good strategy for starting a rebuild and inviting foreign players to Ukraine for crypto-related businesses and services, too.

Somehow I doubt that he is personaly engaden in supporting Bitcoin just because this is his attitude. Probably there are some strong political reasons behind that, probably connected with Russia like you penzioner.
I don't know how much real power president has  in Ukraine but somehow I doubt that he can push positive Bitcoin regulation on his own.
There is a high percentage that there is a political reason behind this, they are planning something after legalizing cryptocurrency in their country. This may be bad or good, either of it, this might also become the reason for other countries to adapt cryptocurrency, this will increase the demand and there will be some improvement in the market that might hapen in the near future.
739  Bitcoin / Bitcoin Discussion / Re: this is what every country will do on: October 20, 2019, 12:55:16 PM
It's okay, as long as the source of the money is legitimate, users need not fear. Nevertheless, this can still be bypass by using some non-custodian wallets, and dealing with sellers using a peer-peer trusted system. This is largely available for bitcoin traders in my country because of the much demand for bitcoin.
So basically crypto users are expected to submit KYC or give their personal information when participating in any business activities or projects with them. It is good, but if this will include being a bounty hunter, its another discussion. This should focus only on investors and developers to regulate their business.
740  Bitcoin / Bitcoin Discussion / Re: Bitcoin will Be 1M$ if all countries Ban it on: October 20, 2019, 11:10:59 AM
There is  no way this will ever happen. Once blockchain technology plays an important role in setting up a peer to peer connection and also in the aspect of data collection (data ledger), there is no possible way that all countries will ban it. Even if it gets banned, demand rate is like drop drastically since majority investors will quickly sell their bitcoins for fiats just to be safe. Moreover, the market value of bitcoin is likely to drop since a lot of people will be in the rush to sell their bitcoin. This will cause an increase in the market supply with a low demand affecting the market price..

Yes, you're right. Bitcoin will not be able to reach $1M if all country ban it but for now not all countries ban bitcoin and there are now countries that started to recognize bitcoin due to its good qualities that government find it a very big help to boost their economy so I think that's what you've said won't happen for real.
OP thinks that if bitcoin would ever be banned in the whole world, there are still many users are willing to use it.
I don't see any sense from here, if it is banned, there are ways indeed to use crypto, but it will be useless if we won't be able to convert it to fiat.
The demand will just drop if this will happen.
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