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801  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Market going RED! on: June 01, 2018, 11:54:14 AM
Maybe profit taking!
Maybe people are trading for a quick profit and are not long term investors!

Many factor why market drop and going red. One of that factor is because market panic after reading negative news. If we think positively, we can buy some coin/token when market drop because many good coin have lower price
802  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you trust ERC20 tokens? on: June 01, 2018, 11:49:14 AM
Last year in early december I bought eBitcoin token which turned out to be a scam. Luckily for me I sold them before the ePRX snapshot but alot others have made losses. I really believed this token would be a succes but I've realized that alot of these ERC20 tokens have the same things in common. The devs (or better said scammers) create alot of hype and pretend their token to be the real deal while they never intended to create a working product. I've thought about investing in tokens like Credits and Elixir but I'm afraid they are all the same kind of scam.

Do you trust them?

Not all ERC-20 token are scam, its depending the developers or maybe they just want to be scam. Many token a good because back up by reputable company and have working product. ERC20 using ethereum network and anyone with coding skill can make smart contract and creating their own token
803  Alternate cryptocurrencies / Speculation (Altcoins) / Re: hold or sell? help me on: June 01, 2018, 11:41:32 AM
Currently I own a lot of altcoin, I bought them at ico. My account is being downgraded several times. There are many people who say bitcoin will continue to decrease, so altcoin prices also decreased compared to USDT. So now, should I sell them and wait for the price to buy back? Give me advice  Sad Sad

Cryptocurrency market right now dont have good condition and many altcoin drop the price. I think holding altcoin with good project is best option and waiting market condition recovery again. I am believe market will recover again and market cap can reach highest again
804  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you still use MEW? on: June 01, 2018, 11:38:17 AM
With the recent hack, I assume a lot of people will switch to something else, what do you think?

I still recommend using a hardware wallet over the safety benefits though.

I am still using myetherwallet as my ethereum wallet right now. Indeed hardware wallet is most secure to store our ethereum assets. Before we using myetherwallet, better we keep looking on certificate on website because right now many phising website
805  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Why hold ethereum on: June 01, 2018, 11:34:01 AM
If I could pick one crypto that suits for holding, that would be ethereum. Do you agree that this one is good for a holder ?

 It's more established than other alts in the market and  companies are adopting it.

I am agree that ethereum is good coin to hold for long term. Ethereum is a good coin because used by many platform and the platform can used for bussiness purpose. Many platform in cryptocurrency market using ethereum network and i think thats why ethereum demand always increase
806  Other / Off-topic / Re: BYE BYE BTC on: May 31, 2018, 01:06:59 PM
Bitcoin is old, outdated, slow and uses too much energy. The price will soon be brought down to a level where miners will abandon it. Prices will continue to be kept lower due to CME futures.

I do believe that CME futures have a big part on bitcoin price drop. Futures on bitcoin is not buying real bitcoin and from what i know, its like a gambling on market. But i do believe bitcoin will increasing the price again because bitcoin have limited supply and bitcoin holder increasing
807  Economy / Speculation / Re: Those who sold bitcoin are in for a big loss on: May 31, 2018, 01:03:55 PM
Montana to be a Bitcoin Mining Hub

Check it out!


 “This is obviously going to be revolutionary.”

This would be the second large mining operation to find Montana in as many years. Back in 2016, Project Spokane, LLC launched its site near Missoula. It’s already one of the largest energy consumers in the region, housing a 20 megawatt facility, employing at least 25 locals.

Right now many company and peoples with large capital start to build bitcoin mining. Its profitable as long electricity cost low because in some country have different electricity tariff. Bitcoin is already profitable commodity in the world and can beat gold price.
More people hold their bitcoin, hopely can increasing bitcoin price
808  Bitcoin / Bitcoin Discussion / Re: Which is more risky? Bitcoin or bank investment? on: May 31, 2018, 01:00:26 PM
Bitcoin is indeed risky. But bank investments are risky too. In our country (coz I'm not sure if this exist in other countries). When you have a large amount on your account they will call you and ask you if you want to invest, minimum of 20,000 Php (or 400 USD). They will propose some investment plans where there is a choice of low, medium, or high risk investment. When you choose the high risk there is a chance to lose or gain 100% of your investment (Medium is 75% and low is 50% if I remember it right). It doesn't make sense to me, it sounds like a scam, they will invest using your money and you don't have any control to it. That is why I like bitcoin more, coz Though it is risky and it's very volatile, you have full control on your investment.

What do you guys think?

I think every invesment have own risk and we can handle that risk with our money management. High risk investment will give high profits and it nature in investment world. I am believe that investing on cryptocurrency is investing on our bussiness future
809  Economy / Service Discussion / Re: Bitcoin Banknotes on: May 31, 2018, 12:56:40 PM
As the popularity and value of Bitcoin increases so do its adoption. Recently, about 4,000 new ATMs were introduced in Argentina. A drastic transformation in this sphere is being brought by Tangem that is trying to make the cash like transaction through cryptocurrencies a possibility for the users.

Tagem, a new smart banknote platform is launching the bitcoin banknotes in Singapore, which is known for its blockchain and crypto favorable regulatory measures. The notes will be on sale at the Megafash Suntec City store. The aim is to mass produce the physical notes of bitcoin in millions by the end of 2018.

Continue reading: https://coingape.com/bitcoin-banknotes-ready-to-replace-traditional-currency/

Its good news for cryptocurrency. I think adoption on crypto to real world will become more common in the future. Cryptocurrency is the future our economic world and it will be growing more bigger than now.
810  Economy / Economics / Re: bitcoin vs world economy on: May 29, 2018, 11:52:57 AM
Hi everyone

I'm pretty new to all of this and thinking about buying some bitcoin.

I have some concerns about the world economy influence on bitcoin.

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

do you think Bitcoin is strong enough at this point to be self-sustaining?


thanks for the help

America is biggest economy in the world. I think if america put restriction on bitcoin, that will impact on bitcoin price but I am believe bitcoin will survive. But I dont believe america will put restriction on bitcoin because recently as we know goldman sachs as biggest investment firm in america start to open trading desk on cryptocurrency
811  Economy / Economics / Re: Why is the world economy is sliding down? And how bitcoin may help it? on: May 29, 2018, 11:49:07 AM
I think when world economy slowing down, all currency will drop the value but not with bitcoin. Bitcoin can maintain our assets from inflation and bitcoin can increasing our asset value because bitcoin is good investment
812  Economy / Economics / Re: How is Bitcoin different from Etherium? on: May 29, 2018, 11:45:59 AM
I think its different between bitcoin with ethereum. Bitcoin is like currency that we use for paying like currency. Ethereum is platform for bussiness and ethereum is like silver in investment and bitcoin is like gold in real world.
813  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Are we heading for full recovery now? on: May 28, 2018, 01:08:41 PM
Right now, many coin/token suffering drop the price. I am still optimistic that in next month market will recover again. I hope investment firm or institutional firm really come and investing their funds to cryptomarket and market will move up again
814  Economy / Economics / Re: So many cryptocurrencies ! on: May 28, 2018, 12:16:38 PM
There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.
With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier!
It just increases risks of any Fraud.
Small companies often are at a risk of shutting down with so tough competition.
The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .
Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.
I strongly believe that a regulatory body should tackle this and then make a decision.
I think is negative in it's own way.
Share your opinions below , do you think it's positive ?

I am agree with this opinion. With many cryptocurrency and with growing market cap in cryptocurrency market, I am believe that needed regulation on market. Regulation needed to protect peoples from being scamed
815  Economy / Economics / Re: Is this basically just another way to make money? on: May 28, 2018, 12:14:29 PM
I think that it is not just another way to make money. bitcoin and the cryptocurrency mean more to the humankind. They only exist on our plannet for 10 years and there are still many things they have to do in order to prove that it is neccessary for the people

I think bitcoin first created because america crisis and fragile monetary system. Right now, because bitcoin have limited supply bitcoin become more valuable and many people keep their assets on bitcoin because they dont trust on monetary system.
Off course bitcoin created for making money because right now peoples trade it and make profits from it
816  Economy / Economics / Re: Companies that are scary on: May 28, 2018, 12:08:37 PM

Of all the large companies that are now large internet players, do anyone particularly scare you in terms of how you data and track could be used? Amazon, Facebook, Twitter, …?


I think facebook is the scariest company because they sell our data to third party. Beside that, they recording our activities. I am already deactive my facebook account because they know my internet activities on my phone
817  Bitcoin / Bitcoin Discussion / Re: Why many banks hate cryptocurrency ? on: May 27, 2018, 12:20:35 PM
I have seen many news about banks banning bitcoin from using. But I think bitcoin is a great technology and future assets, and its a great opportunity for banks also to use bitcoin as a contribution. My question is why does they ban it rather than use bitcoin ?

As we know, Central banks and banks always hate cryptocurrency because they can not control it. Right now, they control fiat money supply without proper audit and thats why inflation always increasing year by years.
They hate bitcoin because they can not control bitcoin supply and i am believe if they can control the supply, they will like bitcoin
818  Bitcoin / Bitcoin Discussion / Re: Bitcoin will kill itself on: May 27, 2018, 12:17:27 PM
I think bitcoin can kill by the communities. Bitcoin communities have large part in bitcoin growth because bitcoin enemy is government and central banks. Government or central banks can not kill bitcoin because bitcoin is decentralized and the data spread all around the world 
819  Bitcoin / Bitcoin Discussion / Re: Bitcoin will get legitimacy in all countries? on: May 27, 2018, 12:14:50 PM
Many countries think that Bitcoin is harmful for their country. They think that Bitcoin will create inflation in their country. But is that right? Will Bitcoin never get all the legitimacy?

Inflation happen because central banks always print money to boost economy growth. I think its not right that bitcoin can increase inflation because bitcoin have limited supply. Bitcoin dont approve by government because government can not control bitcoin supply
820  Economy / Economics / Re: important point on: May 27, 2018, 12:11:48 PM
government that prohibits bitcoin in some countries. If the government can accept the existence of bitcoin there are some important points in it:
* can pay off the "debt" of the country
* Improve the economy of the people
* Decrease in poverty level
I want to know what you think.

As long many government ban bitcoin, I think bitcoin can not to pay country debt. Its good if government regulate bitcoin because government can earn taxes from bitcoin trade.
Bitcoin can improve peoples economy because bitcoin can use globally and we can make transaction with lower fee.
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