Hello,

I recently returned to the world of crypto and noticed something wrong right away, I couldn't put my finger on it until now.

Poor people are ruining crypto. so many people just in the game to get rich and buy lambos, posting broken english or poorly translated post like " what coin x1000 this week, I need ferrari countach"

the forum is filled with these people trying to make pennies spamming shitcoins and scam ICO's

these people dont mine or invest in things they believe in but whatever they think will make them rich. Its like giving homeless people GPU's and telling them they print money.

I think this last correction was needed and many more to kill off a lot of shit coins and lame projects as well as get rid of these poor people in the game just trying to get rich.

"my 1070 only makes $2 a day now!" oh you poor baby! try mining years ago when 5$ a month was huge but didn't matter cause you believed in the project.

/rantover lol

Since I came on this forum, I have tried to read and understand the top 10 tokens on coinmarketcap
But today I want to talk about ripple

I have believed ripple to be a banks token, and they have couple of agreements with banks too
Making good progress.

But with JPMorgan creating a stable coin to be used internally for banking purposes and faster transactions; what happens to ripple ?

Anyone can enlighten me further the consequences of banks creating their own Blockchain, ignoring ripple??

Being a Crypto currency lover for a long time . I loved one thing people believing on solution or Solution for the problem using crypto currency . Not only believing even they were investing . But i found lots of solution were just fake promises . Lots were submitted big white paper with lots of hopes only with the intention of raising funds . Do you find any currency really solve the problem??

I used to get worked up over a loss in cryptocurrency not until I realized that these losses can be mitigated using the right investment strategy.
Investing and holding a coin is not the issue here, the issue is knowing when to sell.
The most successful investors are those who know when exactly to sell.
And to do that, one need doses of patience so as not to fomo and sell at loss.
The difference between the rich and the poor is simply the ability to know the right time to sell.

Many buy bitcoins and altcoins, they wait when the price will rise and sell. What other ways do you know?

Its soooo unfair..   like i will hold USDT for weeks at a time, and all the coins will pump!
but the day i decide to finally invest in a altcoin, it instantly turns into a blood bath!
EVERY FRIGGIN TIME

and i buy at the BOTTOM of the BOTTOM... whyyy does this always happen to me.. its totally not fair  

anyways.. what do you guys think about Wabi and KMD.. do you like these coins?

thnxx

⁠Ethereum is an attempt to solve Bitcoin’s limited functionality, according to Ethereum’s co-founder Vitalik Buterin

https://ct.com/7d3u

There are some tokens in my ethereum wallet that have lost value to the extent I don't think they can ever recover even if the bull market starts tomorrow due to the level of competition in the altcoin market. I also bought some coins but can't remember the password or name of exchange i bought them on (thinking it was cryptopia) I didn't bother transferring it off the exchange and most of them were bought around 1satoshi.

Back to my ethereum wallet, each time I see those worthless token I just laugh and continue with what I login my wallet to do. If you ask me why I'm still holding does tokens in my wallet I can't give a reply. Why are you still holding those shitcoins sorry altcoin

I am not talking about the private sales and pre-sales. I am talking about the main sales.
Don't you think ICOs should allow people to invest any amount of money they want? It will cause the tokens to be distributed among more people.
Assume that 1000 people are participating in an ICO and each of them is investing only 1 dollar. Don't you think they are more helpful than a person who is investing 1000 dollar?
Better to consider a maximum amount instead of a minimum and do not let the whales manipulate the price.

yes maybe not everything is like that! everything needs a process, but the fact is like that.
sometimes I think, what's the use of them making their own cryptocurrency but when entering the market there is no further price development. after that it feels like dead!
I hope I don't misjudge.

I have to come realize that because someone made huge profit from a newly listed coin or a shitcoin doesn't mean it will go the same way of profit for you.

I had bought some few shitcoins and newly listed coins that were making some waves, those coins are currently a shadow of their entering prices. I should have left my money in bitcoin instead of gambling with my bitcoin and end up been burnt. Some of these project have technical issues, which I think will end up killing the project.

We can always play safe with bitcoin/fiat or bitcoin/USDT or just leaving our holdings in good altcoins rather than getting on a rat race chasing shitcoins for possible Lambo, which in effect will lead to  wrecking and regretting.

 

From 2018 till date, we are getting awesome news on crypto. But market went into opposite. But hope progress can be made on SEC and/ or CFTC approval, US gov is back on action. Large name like Fidelity, IFC etc are quite confident in btc. Plus ethereum constantinopole hardfork is due. So future is bright, may be this rally will be ended but next bull run will be longer and higher

I have a very good intuition in the other direction.
If I buy something, then it falls in price. If I sell, it grows almost immediately. Am I following the crowd and losing, or are I being harassed (curse)?
Am I the only one?