Hello. I want to hear your opinion. Cryptocurrency is a bubble? How long will it last? Is it worth continuing to invest in it?
Where would that bubble be? Markect Cap is 200 bil which is negligible in the overall context. Do you think digital currency might be an alternative to fiat money? How do you feel about the topic of decentralisation? Do you feel that competitiors who are able to decentralize will be superior to those who are not able to do so going forward? |
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Does anyone know some good website or table where I can see comparison between top alt coins? What I'm looking for is a simple table with the name and main purpose/usage scenario of altcoins (for example for top 20 altcoins). I'm not talking about price, market cap and value, only about the idea and the main purpose. I guess that majority of newbies and a lot of older members of this forum doesn't know what is the idea behind most popular altcoins. I know that I can read Whitepapers but for that I need days, maybe even weeks.
A good way to get a quick overview might be searching for youtube videos. Also that way you might find some older stuff that really is funny sometimes. Also follow the twitter accounts of the projects of interest. |
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Good Day everyone
7 Days ago i wrote this to Binance Support;
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Hello
I accidentally sent around 97.9 ICONs to my Binance ETH Wallet.
As you may know, ICON launched their Mainnet and already isnt a ERC20 Token anymore.
So i ask you kindley to please send my 97.9 back to the ERC20 Wallet ive sent it:
...................
Since there only a few days left, please answer me atleast something, so i know youre on it or you received my Problem.
Thank you and have a good Day.
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What to do? 7 Days isnt normal right?
So well first of all sounds like the mistake is on your side. You are aware that Binance is moving massive amounts of money with a relatively small team? I would expect that you get that back at some stage but it honestly might not be their top priority support ticket right now. Did you send them all the details on the transaction? The tx hash? |
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Hey what do you think, is it risky to buy crypto currencies that are not top 100? I mean do you have a higher chance to lose your money or not?
Of course it is riskier. Especially in crypto you should always spread out your investment. That being said in if you buy a number of promising low caps like Bridge Protocol, Lendingblock, Bigbom, Hacken and a multitude of others, the potential rewards are enormous. Do research on different projects and then go with those that are the best fit for you. |
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My strategy is to increase the number of Bitcoins I have. Just like you said, the Bitcoin price in the near future has the potential to reach at least 30-40K. That's why you say how much Bitcoin, so much profit.
No matter how small you investement is, spread it out. The market is highly volatile. Have a close look on projects and their teams. Check regularity of updates on Twitter and the size of community. There is really promising projects like Eventchain who are weak on the topic of exchanges. Then you have projects like Hycon, that manage to get almost instant support by nanoledger... |
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Recently, I spent a lot of time working on proof of stake and sharding. This is what our focus tea Ethereum is more than anything. We think that the proof of ownership and scaling up of both is very important and there has been a lot of progress in improving algorithms and developing various limitations over the past few months, Buterin said, I have also seen the economic analysis of transaction costs and how the transaction cost algorithm can be increased to basically reduce costs and make the protocol alignment center better and more efficient. That is the main thing that I do myself.
Ethereum was created in 2015 by Developer Vitalik Buterin and is now the second most valuable coin in the crypto world
This is the first blockchain project to use smart contract technology, which allows people to enter into an agreement without requiring a third party. It is also the first blockchain to include programming languages. Ethereum can also host decentralized applications (dApps), which are applications that function without a central control point, making it fair and transparent.and now everyone knows that Vitalik is threatening to leave Ethereum if the Cryptocurrencies market is still stagnant and immature. this is like a threat or even a Horror film for Ethereum holders who are struggling to maintain prices.
Vitalik's decision in my opinion is very selfish because he sounds like someone who continues to feel lacking in profits or he has other plans for Ethereum, no one knows except himself and God.and some media said that Buterin was contacted several times by Google for a contract, would there indeed be a new Ethereum with the old Vitalik, or the old Ethereum with Vitalik 2nd? and what is the future of Ethereum? Horror or Happy ending?
I think it is safe to say that Vitalik knows what he is doing. Also one of the visionaries in this space. If that would not be reason enough for me to be bullish about Ethereum, even with the current scaling problems, there is also the fact that most projects are happy to base their token on Ethereum and that trend is unbroken. Ethereum just has a good headstart on many things. |
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a few days ago Ripple prices increase sharply and stabilized above $ 0.31. This Ripple positive zone makes Ripple can increase again to a value of $ 0.34 in a fast time, so it can create short-term fast fluctuations.
on Wednesday, September 19, 2018, Ripple announced that they signed PNC 2.17% Bank, a big bank in the top 10 in America. they have more than 8 million consumers.
PNC gets xCurrent product from Ripple, and PNC will use the xCurrent platform for each of their productions.
and the advantage for Ripple is to make liquidity, xRapid is always alive.
Ripple has the same market cap as Bitcoin Cash, EOS and Stellar put together. Does not make any sense for me. Think you will be better off spreading your Ripple investment on those 3 even though they are not counting to my favorites. |
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Its been about 8 month since we are in bloodbath. market has not shown any signs of recovery till yet. what do you think that what december will bring to us.. ?
It is the longest bear market so far. Some argue chartwise for a big final drop. A lot of people expect it. On the other hand BTC has bounced at 6K again and again and it is not far above the actual mining cost. Other bullish signs for me I know a lot of people who have moved to stable coins and are waiting to get back in cheaper and some are scraping few bucks together to put it into crypto. So I just sit back and wait to see how it plays out. The overall long term sentiment is very bullish. Only for the short term people seem divided. |
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Bitcoin price is constantly dropping for the last several days. What effects are putting it on Altcoins ? Is it bad or good ?
For crypto investment BTC is still the big bucket and ALTs the smaller bucket. The market can only run if BTC is doing well and money start spilling over from the big bucket into the smaller bucket. Similar how stock exchanges can only run on cheap money and low interest rates. So it is enough to suppress BTC to keep the whole market down. Fortunately a number of high potential projects got their financing secured before the manipulation started. |
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Cryptocurrency is the most popular terms nowadays. People like cryptocurrency so much. Many people are involving in the crypto world. Everyone wants to earn money from cryptocurrency. While people are liking cryptocurrency, Government does not like it at all. In some countries, the government banned the cryptocurrency. What is the reason behind this banned?
Governments like control. Crypto at this stage is hard to regulate or control. As soon as it is more obvious, that blockchain offers good options to make sure of raising taxes or the potential for the fight against corruption, the sentiment might change. Some countries will move forward on crypto quicker than others and will show what is possible. |
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I think this market is not for everyone and that is why I do not usually recommend my friends or family to invest in cryptos, as it is well known that most people have a great aversion to risk and that is why traditional investment instruments still receive large amounts of money despite their stingy returns. And because of this usual risk rejection many newbies use to cry so much as soon as they suffer some loss in this market, because they never assume the great risk that crypto investments involve and believe that getting rich overnight is a simple and easy task.
That is the same argument why some people do not go for jobs with a variable compensation part like sales or do not even pick up free stock options offered by their employer. At some stage risk aversion starts like looking the equivalent to living under a rock. Some good crypto projects so cheap right now, that I do not see valid arguments against investing. |
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Like most of the longtime holder, I also have lost a huge amount of my portfolio. Now I am thinking of day trading so that I can recover my loss. hat is the strategy you are following nowadays. Holding or Day trading? How can I be successful in day trading? ANy tips?
Forget about daytrading and start adding low caps that might turn into something. Bigbom, Lendingblock, Savedroid, Bridge Protocol, Signals Network and so on. Do research on low caps under 1 mil. |
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Hello friends, lot of ICOs failes to achieve 100% sale in their crowdsale. Most of the ICOs mentions in their terms and conditions that unsold tokens will be burned. My question is very simple " Is burning of token really helps ptoject?  ". I am of the view that burning of the token doesn't help the project and I feel instead of burning unsold token it's better to use them for community and project development. Investors are looking for a limited token supply. If you only sell 50% of your tokens but 100% of tokens planned for sale are going into circulation, it will water down the price for investors. Technically a token burn does not cause any problems on the supply side as most tokens work with enough decimals. In my ideal world a specific % of all token used in a project get burned, regularly decreasing the supply of the token supply. There is only winners in that. I do not know of any project who has problems because of a low token supply. Investors hat it, if you dont burn unsold tokens. Example for that is LOCI. Many potential investors held back as they did not burn unsold tokens. |
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This few month , crypto market is unstable. going up and coming down.. so what is your move right now ? - keep it and trade or - buy while is cheap or - sell it ? I intend to buy it but scared will drop again. confuse Someone writing today that Bitcoin went down with the general bloodbath on the global markets. I think that is nonsense. Bitcoin was dumped within 2 hours. 6K was tested again and again. Hard to picture it falling below that, especially if the stock market and most likely property too starts imploding with the rising interest rates (trade wars as a bonus). So where is the money supposed to go. My bet would be on silver and crypto. |
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Although the whole market is red, I'm very much afraid of holding ETH now. In my opinion, ETH was fluctuated to its ATH when people were more interested investing in ICO. Nowadays ICO is almost dead. That is why it has less demand. I don't think it will get another ATH soon.
What's your thoughts on it? Should I hold now?
I am and always will be a believer in Ethereum. There is plenty of projects that do not need their own native coin, are based on Ethereum and do not have any intention of changing that. I think current potential upside for ETH is similar to Bitcoin. |
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Have you ever wondered what will happen to your cryptocurrency when you die, for those holding huge funds, what have you put in place to make sure your kids or family benefit from your crypto savings.
This is quite fascinating because if you know someone with huge crypto savings and he gave up the ghost, I wonder how such families would benefit from his savings since he alone has the private key to his/her wallet.
I guess this is one reason some user still prefer banking Institutions, because they made provision for next of kin unlike crypto.
So my question is what happen to those crypto when the owner of such wallet is no more and no one has access to such wallet?
It is a fair point. Not many people do even know, what a nanoledger is. I could clearly imagine a lot of crypto getting lost in that scenario. The same happens with fiat money too. For example, money that was moved to Switzerland for whatever reason. Many times the family does not know where the money is. The Swiss banks just keep it, if it is not claimed for a couple of years.  The bank always wins. |
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I have been seeing a lot of post saying bounty hunters are getting stake for free, on some thread I read where some people are accusing hunter of dumping their token because they get if for free and this got me thinking......
Did hunters really get this token for free??
Working 3-6 months and using your hard earn money to pay for data on a project as a hunter trying to make someone else project successful, is that really a free stuff??
As a developer, if you meet an advertising company to help you advertise your project will they accept your shit coin from you??
If you employed and pay the salaries at the end of the month, did your employee got the money for free or will you still monitor the way they decided to spend their salaries??
So why all this people are saying bounty hunters are getting their token for free??
thekey was a good bounty. harvestcoin was okayish. qompass was a scam. Gonetwork I did not participate but know that a work colleague is still waiting for his tokens. So it is a mixed bag. I suggest to avoid dodgy ones and also check which bounties are joined by hero and legendary members early, as they got the most experience. |
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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!
I am not completely dumb but got scammed a couple of times. There is the obvious ones like ETH giveaways on Twitter. That was done on a big scale they tried that on every project I am following on Twitter. Not sure how people fall for that. For bounties and airdrops I would like to advise not to give personal information or email away to willingly. One of the scams I feel for was someone doing airdrop on bitcointalk and then moving everything to a discord group, where he started offering masternodes for early investors. Somehow that group grew quickly he scammed I dunno 10 to 15 people and then was gone. Did not even put that much work. Also a lot of fake admin scammers on telegram. Then there is the fake websites for ICO. Another thing that makes it difficult is technical things like swaps from erc20 to native coins or be careful on decentralized exchanges. Etherdelta was heavily used a while ago as there was nothing else. Easy enough to enter a sale wrong by putting a 0 too much. One of my big losses was a purchase order where I switched the number of tokens I wanted to buy with the limit price. That money was just gone. So morale here: Triple check everything and like everywhere else if sth looks too good to be true most likely it is not true. |
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Golden age come and gone? Most of blockchain technology is still in the proof of concept phase. None of the projects has gone mainstream with the function for digital money yet. Find the project who first is able to accomplish that and you have one of the biggest winners of all time. |
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I think this market is not for everyone and that is why I do not usually recommend my friends or family to invest in cryptos, as it is well known that most people have a great aversion to risk and that is why traditional investment instruments still receive large amounts of money despite their stingy returns. And because of this usual risk rejection many newbies use to cry so much as soon as they suffer some loss in this market, because they never assume the great risk that crypto investments involve and believe that getting rich overnight is a simple and easy task.
No it is not for everyone. Not everyone can stomach a market dipping 85% like crypto did this year. The volatility will scare a lot of people away who feel comfortable with more regular investments like shares. Wondering how that will play out if the normal markets crash. If anything is in a bubble right now, it is the stock exchanges and real estate in general. |
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