It is quite normal to expect the ICO tokens to have a dip in price during the first few months of their launch. It is because of the bounty participants that the price fall because there are many people who work in bointy programs to promote the ICOs and then when the tokens/coins are launched in the exchanges, the people dump it to get BTC in return for it. This is how the cycle had been working until today.
You are absolutely correct. The ICO space is changed alot since end of 2017. Previously we got returns like 3x to 5x on top of ICO price for most of the projects. But now a days we are not even getting returns like 2x on Good ICOs. So it is better to pick the tokens from the market instead of in ICO because previously ICO space is occupied by their community but now mostly the huge portion of tokens are captured by VCs with higher discounts and they are dumping on us once the tokens are listed in exchanges. |
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As a newbie, which is the best to do; To invest(earn) or to Learn(for how long)?
As a newbie if you want to have exposure in ICO market, you can put your money in closed ended funds like TaaS and Astronaut where they will invest your money in high class ICO which may lead to give you lot of profits and they will distribute these profits as dividend quarterly. Its my advise to not invest in ICO directly because the profits are not generating like before. Now a days we are seeing the Good ICOs also trading at lower prices compared to ICO price. Please be careful before investing in ICOs. You can lose your all money within days. |
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It seems many people are speculating the rise of BTC and therefore are transfering value from alts to BTC. But if you want BTC, buy it with FIAT! Fresh new funds are needed on the market! You are dumping alts making prices dump hard and maybe are speculating you will be able to buy more of the alts later on, but what idiot will selll it to you at that dumped price?? So if you want BTC, buy it with FIAT or at least don't expect to buy back more of the alts for cheap!
As of now the limited people have exposure on cryptocurrencies and they are in dilemma to bet on which side either on Bitcoin or Altcoins. When altcoins are getting pumped everyone want to divert their money to altcoins which were in Bitcoins and vice versa but we are not seeing much flow as we expected. But we can expect to see fresh funds in near future. |
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I do not own any bitcoin, but I knew about bitcoin 6 years ago, before most people even heard about it. Except I didn't buy it then, I was wrong about that prediction. So I am trying to see if I can make some money now. But looking into the future, I am still not convinced about bitcoin. Before anyone get all defensive, I would like to know WHY you think it will go up. Because I would like to make some money too.  In my view, there are several problems: 1. Bitcoin value is all based on sentiment. Most people say it is under valued now, but that is only a reflection of how you feel about it. And this is fine, because in comparison most stock prices are irrational as well (especially these days). people make lots of money buying over valued stocks. But the problem I see is that the fear-of-missing-out sentiment has passed. Almost everyone know about bitcoin now. And they also know Bitcoin has dropped 70% of the value since its highest peak? Once someone get burned by something, the others will be a lot more cautious. And when people become rational about a investment that is built on sentiment, that is a huge problem for future growth. there are many examples of puffed up stocks crashing down to earth, and never to recover its value. The ones that can recover and soar in the long run all have great business fundamental to support its value, in other words "making money". 2. Bitcoin is no longer unique. Regardless of what people say, bitcoin is not like gold. Sure, the amount of bitcoin is finite, but it is not unique compared to other cryptocurrency. The only thing special about it, is the name itself. And there are tons of new cryptocurrencies now, and people can create infinitely more types, IF it is profitable. Correct me if I am wrong, what is the fundamental difference between a "bitcoin" and a "ripple" other than the value? nothing at all. 3. technology risks. There is always a possibility a more advanced cryptocurrency will emerge and completely outshine bitcoin. I believe there are already some cryptocurrency that transact faster than bitcoin? Not sure of the detail but I have read it somewhere. And when it happens again and again bitcoin will be wiped out. Remember we used to use CDs? tapes? camera films? Bitcoin was created almost a decade ago, that is a lifetime ago in the technology world. other issues: practicality, and safety. It doesn't actually make paying for something easier, and some argue this is safer than traditional banking, well just look at the news of people lost coins or got hacked. I do think it is possible for bitcoin to go up (not skyrocket though), but it seems the headwind is getting really strong. So why do you think you should hold on? Instead of just saying "it will go to the moon", "it will change the world", please provide reason. Bitcoin is entirely different from Altcoins as what you mentioned here as other cryptocurrencies. Because Bitcoin platform has no ownership on single person and not owned by single entity and creator of Bitcoin also not known. It is governed by the people. Fiat has value because people believes that fiat has value. Bitcoin gains its value when people are trying to accept it as currency. Why gold gets value because it is scarce and good looking. Bitcoin also have same properties and not only Bitcoin can be moved to anywhere in the world in seconds unlike gold and Fiat. |
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Knowing the crypto world was the best thing I have ever done. Today I was given an amount of $20000 by my uncle to make an investment for him at the bank so that by the end of the year he can get some additional money added to his capital. I sat down and calculated and found out that, investing at the bank will give him just $2000 interest.
I then called him and explain to him about cryptocurrency and how secured it is with evidences and it price increment for last year. After seeing it he told me to invest that amount into BITCOIN and I have done it for him. I know that is volatile and can fluctuate but I made time to explain to him that although the market is red now but when the green days come he will get not less thank $25000 added to his capital. I know I did the right thing and he will surely laugh some days to come. What do you think guys?
You did a great job. You helped your uncle to earn huge money within a year which he can earn this money only after 10 years. But putting all money will lead you into risky zone like you can lose your initial investment. So be careful while investing huge money. Try to do Dollar cost averaging to elimate some risk and to takeout some profits. |
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as we know, many governments in the world are banning bitcoins and here I have my own why the government want to kill Bitcoin, because I think Bitcoin can be used for terrorist financing, money laundering, illegal weapons purchases, crime and tax evasion. therefore the government forbids Bitcoin, because Bitcoin transactions are difficult to trace so it is only natural for me if the government is very worried about Bitcoin and many country banning (block) Bitcoin.
but this is just my opinion, so if I am wrong I apologize.
Thank You.
Governments want to kill bitcoin because it will be going to replace their centralised authority on money is going to transferred to the people. This is what central banks don't like and not ready to accept. But once people start using bitcoin for normal day to day to transactions then there is no choice left with central banks other than accepting Bitcoin as currency. |
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Is it possible someday that Medical Hospitals accept BTC as a payment for Hospital bills and other fees??
Of course, it will be possible very soon. To become Bitcoin as currency in their country. In first regulation should took place. Unless regulations are framed in any country, the corporate companies are not ready to accept the Bitcoin as payment method. |
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I have seen that most people investing now in BTC are afraid of loosing some amount of money when the price declines. I have monitored so many post and I have seen that in their post that's they mean but they wont voice it out because they know people might condemn them. I have sat down and realise that no matter how BTC decreases in price I have nothing to loose and I don't care about it because for the past months I joined this forum have seen much teachings and education from the crypto enthusiast. I now know BTC can do miracles just in a second or twinkle of an eye  . What do you think guys? Do you agree with me? Your comments and suggestions are welcomed. Your view is completely right. We are seeing more Bitcoin dominance than Altcoin in total market capitalisation. Once ETF approved and lightening network becomes operational then we are going to see the real mass adoption of Bitcoin as currency and not Altcoins. So patience is the key. |
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The answer is: NOYou’re not the only one who has this feeling. As someone who got into cryptocurrencies 2.5 years ago (It also seemed too late back then), I think you shouldn't spend your timing regretting on opportunities you missed. Instead, you should make your first step ASAP and learn by getting involved. What should you do? Stay tuned - Read a lot about the different cryptocurrencies and try to catch up with the latest news. Know where you are at - Try to understand how this market works and the main technology behind it Understand the Blockchain in Two Minutes Trust yourself - 90% of what you read on the internet is bullshit, follow your instincts. Learn the basics of technical analysis Crypto Investor's Guides - CryptoPotato I hope it helps, GuerrillaBuzz I completely agree with you. I would like to add something more. We are in very early stage of adoption for crypto. There is so much development is going on to solve the infrastructure problem which can allow seamlessly to use the cryptocurrency by anyone in the world from poor to rich. |
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What is the reason behind for not counting posts for signature bounty for the joining week
I made 12 posts within 15th July to 21st July. But I didn't get any stakes for that week.
Please allot the stakes for the last week task.
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During last time do a lot of bounties and get some different price. its near 17 numbers and all price according to the market no more then 350 USD for all... What you should recommend to do with this coins?
It is better to invest in Masternode tokens where you can earn fixed and extra tokens on top of your original tokens. But selecting right Masternode tokens is very difficult task. If you don't have enough tokens t start Masternode on your own then you can stake to third party services where they will distribute rewards based on your holdings. |
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Personally , I don't think there should be an ICO without whitepaper. The whitepaper bridges the gap between an investor and a company. Can we say a ICO without a whitepaper is a scam? Or what can you say about an ICO without whitepaper
Exactly I agree the whitepaper for ICO bridges the gap between investors and team or company. But it doesn't mean that without having whitepaper the ICO is scam. The most important thing for ICOs are MVP(Minimum viable product). MVP is very important to see whether the ICO can acheive success in future or not. MVP determines that whether the team has capacity or capability to build product what they are promising. So be careful before choosing any ICO for investment purposes. |
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I have a question.
What is better? To keep your coins on some Exchange site or to open wallets for each coin?
I would like to hear some advice. What are pros & cons of each option?
Thanks
I would say it depends on your value of funds and your view on trading or investing. If you are holding small amount or big amount of coins and if it is for purpose of long term hold then you should keep your funds in wallet after making successful transaction in exchanges. Otherwise you will be in risk to lose your funds in hands of hackers. If you are holding small amount of tokens and you want to trade frequently then it is best to keep in exchanges even though exchanges are risky to keep your funds because for small amount the fee for withdrawl and deposit itself takes significant portion of your funds. And finally if you are holding huge funds and you want to trade then transfer the tokens to exchanges when you want to do trade exactly and after completion of the trade, it is better and good to transfer your funds to your wallet preferably cold wallets for your funds safety. |
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Why does coins prices fluctuate so much and it is never been constant making predicting price much harder and much riskier and holding on to coins can be the best way right now.
why does it change prices constantly and never stagnant?
Cryptocurrencies are the new asset class which is not yet defined completely by any country and regulations and laws. And there is no specific method for valuation of particular Altcoin. The value of Altcoin is emerging from the free market demand and supply. So mostly new asset class like Altcoin always face huge volatility in the beginning phase of their development. |
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In my view Altcoins which are trying to cover the areas which never been covered before will have enormous potential to grow. For Example Decentraland - covering the market for VR industry
And Altcoins which are trying to solve Infrastructure problems like scalability, Decentralisation, Security are also good pick for long term hold
Ex : EOS, Zilliqa, Tezos, Cardano, etc.,
Decentralised exchanges is the new way of peer to peer exchange of tokens and coins
Ex : 0x, Airswap, Kyber network
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What is your strategy after participating in an ICO? Do you sell all of the coins immediately or do you hold it for months or years?
Would love to hear about your opinion.
Previously I invested my money in ICOs for long term HODL after analysing every aspect of the project. But I missed short term gains from ICOs after these tokens listed on Exchanges. Once ICO tokens listed in exchanges, they used to trade above ICO price for most good projects and later some time they are reaching equal or lower than ICO price. This made me realise that if ICO tokens trading initially at higher prices more than you expected then try to take your original investment back. Once the market settles, you can invest in the same coin with lower prices. So that your short term and long term goals can be achieved without any obstacles. |
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Today supreme court has given time upto September 11th 2018 to decide about regulation on cryptocurrencies to RBI and the court has not accepted any stay orders against RBI ban on cryptocurrencies.
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I can say Ethereum is the first and best ever technology invented for creating Dapps on top of Decentralised world computer. But after having rush on Ethereum to create Dapps from all over the world by the developer communities, Ethereum gets clogged with tx/s. And also the mining power is getting centralised day by day by mining pools.
So to counterpart some of these problems faced by Ethereum, some great minds are trying to solves these problems with their solutions by introducing potential projects.
I would like to provide here some good blockchain projects who are trying to solve tx/s and security
1. EOS
2. Zilliqa
3. GoChain
4. Fantom
5. Seele
6. Quarkchain
7. Hashgraph
8. Harmony
9. AERGO
10. Thunder gain
11. Intervalue
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Tim Draper: More Secure in Bitcoin Than the Money Sitting in Wells Fargo
Venture capitalist Tim Draper is bullish on Bitcoin and believes it will reach $250,000 in the next four years.
During a debate hosted by Intelligence Squared and the Adam Smith Society, Tim Draper was asked how Bitcoin compared with his previous tech investments in Hotmail, Skype, and Tesla. He replied bullishly, saying, “Bitcoin will be bigger than all three combined.” However, Draper didn’t leave it at that — he thinks it will be bigger than the iron age, the Renaissance, and the internet and says that the nascent technology will affect the entire world in a faster and more prevalent way than ever imagined.
The Debate: “Bitcoin is more than a bubble and here to stay.”
Backed up by Patrick Byrne (CEO of overstock), Draper took on Financial Times journalist, Gillian Tett, and Professor of Law, Eric Posner, both of whom argued that Bitcoin is indeed a bubble and strongly contested Draper’s claims. Posner and Tett called into question the “strengths” of Bitcoin, arguing that they could be regarded as weaknesses. Posner suggested that the pseudonymization of identity enabled by the technology makes Bitcoin transactions the perfect vehicle for sophisticated criminal transactions. Tett focused on the risk involved with trusting computers with finance as they can be hacked, are prone to faults, and that Bitcoin is a “terrible store of value.”
These arguments won’t be anything new to anyone who has studied the space, and the rebuttals of Draper and Byrne won’t come as a surprise either. The pair acknowledged that Bitcoin was imperfect and drew attention to the fact the technology was designed to be open source so that unforeseen problems can be managed by the community. Byrne also pointed out that although Bitcoin has been “hacked at” more than anything in history, but unlike banks, it has yet to be defeated.
Draper was more brazen in his responses and implored the crowd to use fiat if they were looking to facilitate their own criminal activity as many Bitcoin criminals get caught. The venture capitalist responded to Tett’s admission that she invests in several different fiat currencies by saying, “I’m so much more secure in my Bitcoin than I am in the money that’s sitting there in Wells Fargo.”
Who is right?
The short answer is it’s far too early to tell, but it is good to see the subject being discussed in this manner. Before the debate, Gillian Tett remarked that if both sides of an argument aren’t heard in the same room, on the same day, then the conversations can “go past one another.” It’s probably safe to say she’s right here because, although there is no shortage of media on either side of the argument, real debate on the subject can be difficult to find.
If crypto is going to head down the road Draper expects, its advocates need to be able to argue their case outside of the crypto community, and debate should be welcome as it not only gives both sides the ability to speak but also the ability to listen.
Draper’s comments are to be expected
As crypto enthusiasts, it’s easy to agree when figures like Draper sing the praises of Bitcoin, but we shouldn’t let confirmation bias get in the way of the issues. Draper is a successful investor, and he hasn’t arrived there without making mistakes. He could be wholly right, wrong, or somewhere in between — the latter is most likely. Draper allegedly owns 30,000 BTC, so he has a vested interest in Bitcoin’s success. That does not mean he is wrong, but it does mean his comments should be taken with a pinch of salt. Well-reasoned arguments are far more convincing than hype and chest beating because they allow people to make up their own minds.
The emergence of DLT might eclipse the impact of other innovations, but for now, the emphasis is not on critics to prove the crypto community wrong. It’s up to those who champion DLT to convince the world they’re right.
Originally published at cryptodisrupt.com
I think your money is much secure when you place it in the bank because it is hard to get the information of it a like crypto it can be done by phishing to know the info or other way that hackers can. It is much safer to place your money in the bank because it is secured all the time that no one can intrude into your money but it less profitable compare if you put it in crypto. They are both contrast with each other but at the end of the day it is based on your own perception on what is safer and secure. In my view Storage of your money in cryptocurrencies is more secure than holding your money in banks. Banks can do whatever when the money is in their hands. Right now the solutions for saving your crypto are building by various developers. This is the time like where we used to send mail in the bulky desktop and connecting ISP and modem. Until you keep your private keys from the internet, you are safe from being theft or hack of your money. Right now cryptocurrencies are solving bigger problems than security. Taking out control from the centralized authorities and distributing the power to the people all over the world. The people who are not able to access the financial services till now, they will be able to access the services conveniently within their hands from anywhere in the world. |
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Hi
Everyone here trying to give their best knowledge to the newbies who are struggling to learn about cryptocurrencies and investing in new projects like ICOs.
Instead of mentioning the project name here, we can give a little bit more info to the newbies where they can find valuable information on ICOs continuously with unbiased reviews and that will helps them to takes better decisions on investments for the upcoming projects.
I would like to provide here some valid sources where newbie can dig into high tier ICOs
1. ICOdrops.com
2. Smith and Crown
3. ICOrating
4. ICO countdown
5. Crypto differ
I hope the above websites gives better info for your decision on investments
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