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Wow okay, I had no idea yobit thread has been locked for so many months already. And I see confirmation from this thread also (but I can see posts there from this year? So maybe it is locked and unlocked at certain times).
I had my fun with Yobit. I think it was good to me, especially last year with all the free and auto fork coins from Bitcoin. I sold everything rightaway, in total maybe 20% profit mostly from BCH and BTG. Withdrew and all was fine. Guess it is time to say goodbye to them judging from how everything seems to be in decline.
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Cannot believe that with google people still need to ask this question about cloud mining. Or is Google results now all paid that people cannot see the difference between actual advice and shill search results?
After you dig past the HYIPs and ponzis to find legitimate cloud mining companies, you find maybe 5 very old ones with good histories. And bad ones. Legitimate ones pay you for sure, but the question is, can you earn enough to make profit before your cloud contracts expire? I tell you this: no. Now you can thank me for giving you the answer you would have found yourself after research or months of trying, in just under one minute.
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It will fall when there is no decent exchanges right after the ICO, the FUD are all over and this weak hands are gonna sell.
One factor to consider also is when it's traded with a low volume and the bounty will be release, for sure, there will be some dump that will happen.
That is so not the only reason token prices fall. In fact, if you see the history of post ICO coins, they drop almost immediately after they are listed, simply because it gives people an immediate chance to offload their tokens that they bought cheap. These are usually early whale investors who bought at amazing discounts, or scammy bounty hunters who got a lot of tokens for doing stupid work. Exchange listing is catering to speculators, not holders. |
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I am not sure of what to think of these so called national crypto currencies. I mean, I already support one,,, Gulden for Holland, but more like for several regions in Benelux relations, but it was never really because I support Holland, simply because they have a good merchant network with real use plus I needed a coin to diversify. I guess that on paper Hellenic coin looks a lot like Gulden. But am curious to know if Hotel staff know how to use crypto  |
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Bittrex might as well offer a million dollars for some reward too in catching spammers and cheaters. You know they can just make Tethers out of thin air, as Binance can with their almighty BNB tokens.
I would not be surprised if they already did catch one or two people, and maybe those people would offer themselves up for the reward. Everything in centralized crypto is a shade over our eyes. These are not the good guys, friends.
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UK has never been unfriendly towards Bitcoin, even making it easy for tax purposes (you only pay tax when converting to fiat) and they have had a history of being open so this is probably expected. UK also has a lot of challenger banks coming up with their own crypto solutions, I feel the government must be saying to themselves: either we get part of this or we lose out. Now with Brexit, they have no choice but to become creative and innovative financially.
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If I see these words in topics : airdrop, 100x, opportunity etc. I go away, no airdrop or such trash coins make 100x because they don't build anything valuable. It can be only done by lots of scammed people.
Thank you for saying this, I really hope more people see the light and understand that these kinds of coins cannot be sustained. Metcalfe's law is true to a degree, but if the token has no other use than to be pumped and traded, it will eventually fail. Projects can airdrop, that is fine, but please, work on something that people really, really need. Marinecoin,,, we are getting tired of this. |
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I don't own any REBL tokens but I feel a little bit of fomo, it looks like they are really good at marketing, they had an airdrop but I didn't join because I thought it was a scam now I feel sad for not joining
Yes, I can completely understand you. I have stayed out of airdrops for a really long time, but then I have been seeing Rebel everywhere, and even got a spam email from them in my inbox (which made me hate them even more but felt like am I missing out?). Problem is, the airdrop required Twitter and Facebook spamming, so that was what totally put me off. BTW: it is not over yet. They just emailed me the spam today! Check out their Twitter for the link if you do not mind shilling haha. |
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So. I thought I had not joined an airdrop for a really long time so decided to check a few out. Is it common now that they require you to spam your Twitter and Facebook? I checked three out and decided no, I am not going to contribute to spam for airdrops. What happened to the original airdrops where you only had to have some old traditional crypto? Now I see why ICOs are being banned from these platforms.
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you may.
it will depend on the altcoin you are trading. right now $10,000 is going to give you 1.179BTC and with that amount you can affect the price of at least a hundred different altcoins, possibly more. these altcoins that i am talking about have small volumes since nobody trades them anymore so you can place big buy walls, manipulate the market and a lot of other tactics to pump and dump them.
but if you try to do anything in a bigger market your 1.179BTC will be nothing in something like litecoin for example because they have a much bigger market.
that is why it is becoming harder and harder to manipulate bitcoin because bitcoin is the only thing that is growing for real.
Exactly! You may never be called a Bitcoin whale (to even join the Bitcoin Club you should have 21 BTC, regardless of the amount) but if you look even on a big exchange like Bittrex, you see coins with daily trading volumes between 1 to 10 BTC. Even with 1 BTC you could trade back and forth several times a day and make the price go crazy. Manipulation is real in altcoins, as you said. |
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Newbie is not the thing you should look at when choosing bounty over ICO, and this is the problem.
You choose bounties if:
1)You have a good skill that can be used. Maybe you make great videos. Maybe you write very good stories.
2)Then you must also have an active social media with lots of followers.
3)You want to really support the project honestly, not just shill it.
You choose ICO if:
1)You believe in the project and want to help contribute funding
2)You have spare money lying around.
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I heard about cool project Giftcoin - the world's first cryptocurrency for charitable giving and good causes. Website here: https://www.giftcoin.org/ICO is live ) Oh yes, I was about to mention giftcoin but seems like you got to it first. It is a really simple concept, and based on those popular investment apps style like Acorn in the UK. It basically works the same way as Acorn. Every time you spend something, the app rounds up your purchase, and the change gets donated to charity. What I like most is that it is supposed to be able to let you track where your cents go to, and how they are used. This is the thing blockchain should be used for! |
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I can confirm from my own findings that USD value is based on total bitcoin value. Even USDT is converted to actual dollar value so even Tether pairs are not the exact figure. Why does it matter though? Someone said it is based on contract and even ETH value but that is just nonsense. Volatile so what? Data is updated as quickly. Makes no difference.
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Actually, I would say that is not exactly the case. If all we do is follow known developers, than we would have alts like EOS from serial ICO maker Dan Larimer. Give new developers a chance, I say. But of course, giving them a chance does not mean give them money blindly.
Care to share with all of us which ICO got you scammed? I am lucky not to have invested in scams so far. But not that my tokens are earning anything right now. ICO shy, I am. It will take a long time to recover my confidence. Known developers or not.
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The most successful ICOs in the past did not rely on Google Youtube or Twitter advertising. Ever heard of influencer marketing? They take on people with huge networks, make them either ambassadors of their projects or get them to write about the project or make videos about it. That sort of advertising is not banned, as it is not unsolicited. These guys have a lot of followers and they tend to trust them about the projects they talk about. Much more effective than direct advertising that no one clicks on in fact.
If Google and facebook bans the ICO, does it affect our participation in the bounty? Not at all. They are banning advertisements, not posts. As far as I know only Medium (the blogging site) is the one that is also suspending user accounts for participating in bounty related topics. You can still use facebook pages to post about content, and you can even still make posts, this is still allowed. The advertising referred to that is banned is the paid ones (where you see them as clickable ads). Unless I am wrong of course, but I am pretty sure of this. |
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The most successful ICOs in the past did not rely on Google Youtube or Twitter advertising. Ever heard of influencer marketing? They take on people with huge networks, make them either ambassadors of their projects or get them to write about the project or make videos about it. That sort of advertising is not banned, as it is not unsolicited. These guys have a lot of followers and they tend to trust them about the projects they talk about. Much more effective than direct advertising that no one clicks on in fact.
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My advice, but please do not take it to heart. Only clean out dead projects, or projects you no longer believe in. Last year, I sold off a few alts for the simple reasons that they were either worth less than $10. I did not want to keep their wallets. I wanted to focus on a few. Recently, two of those coins became x100 or more, and I was very, very upset. I sold hundreds of Nano for a few dollars, when they would be worth thousands today even at current price (and almost 20k at the peak.
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I feel kind of stupid now not to have sold a part of it when it reached 3 dollars . NOT that I don't believe in the project but I could've easily doubled my holdings . I think it will reach 5$
That is fine. And this is why I say you are either lucky or unlucky most of the time. Like those who bought Bitcoin after 10k they might have felt so stupid when it reached 20k and they held. But we have many years ahead of us to see how things will turn out in crypto. I myself only bought Ripple at $1 something, and if I can feel the pain of 30-40% losses, I can imagine what it must be like for people like you. Ripple is extremely centralized so I would not worry. They will definitely intervene to take the price above $1 again, and then they will want it to reach $3 for sure, at least one more time. Hang in there. |
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Now do not hate me here, but I would like to say that my impressions about Neo and Ven (I do not know the rest so will not comment) are that they are>
1> heavily supported. So much activity and so much talking about it.
but,,,
2> very little substance. All those posts, all those talks even by their team, are almost purely marketing. I saw a speech from Ven, for example, at some conference, and it was really just empty from a perspective of development. Even Bitcoin's lightning discussions are more packed with information.
So I do not know. Price wise, all this has nothing to do on impact, so maybe they are still good coins for profits. But will I ever use them?
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I would be wary of research like this. A lot of people still do not really understand cryptocurrency and think that coins like Tether or even tokens like Bitconnect are correctly terms as cryptocurrency (yes, technically they exist on blockchain I know). But if the scenario is to come true, it would be only for Bitcoin, and perhaps for alts like ETH and LTC. And people would not make blockchain transactions to buses or shops. They would be using their crypto debit cards. So. Not true adoption to me.
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