Τhe link is not even leading to a discussion in English! From their official website it can be understood that the project want's to connect Zclassic with btc and make a weird btc fork out of it. I think people should stop doing those forks. Is no there always a risk involved that the real btc may suffer?
I think people have to stop doing that kind of things.
There are anonymous coins, there are pseudo-anonymous ones. Creating a synthesis with btc specifically is not worth it.
I hope it will not affect btc's price, since it just managed to stabilize for now.

I can see now a new coin which is already #23 in marketcap and had +881% within the last 24 hours. I have never even heard of it!
Their project is about encouraging people not to keep money in the banks but instead convert fiat into coins and vice versa via their token.
Their announcement thread has only 7 pages, the team and advisers aren't famous for anything and they have no big partners.
Seems like the project is not among the strong ones, but how did it manage to rise with such high market capitalization? I guess it means people believe in it, for they could've sold all of the tokens already with 2x or something profit.
How do such projects manage to get in the top (even if it happens temporarily)?

I think it would be very cool if some people made free online courses on cryptocurrencies on platforms like edx. This would encourage more people to get to know them. Conferences are basically for people who already know quite a lot about them. What is also important is that humanity still has to decide the main role of cryptocurrencies. They were supposed to be means of payment, but (a) people don't need to many coins for such purpose and (b) most of people consider them only as investment opportunities and all they do with them is trading.

It's an interesting topic you started here. And this coin does seem to be superbad, since it failed in literary everything!
Yet I think it would be also interesting to discuss some unexpected failures of the project that caught a lot of attention and were supposed to be successful. Among such big failures of the past were Zcash in 2016 (huge price at the beginning, even more than the btc itself at that time, but a quick explosion out of which it is probably never going to recover) and maybe Electroneum in 2017 (it was not so bad, but the expectations for a British ico with good team and a cool idea were high, whereas when it appeared on the market, the price dropped below the ico price fast).

I think the idea to make companies that invest into coins and people investing in these companies is pretty interesting. This could be the whole new thing. Like, people could buy some company stakes and have profit this way. I guess many people would be interested in such things, but they are also very bad for the crypto market itself, since only big players will invest in coins, whereas others will invest in those players (by the way, there's such thing as investing in a player in gambling). Most of users would become alienated from the coins, so their prices would become even more vague and based on speculations than now.

The problem is that it is very hard to predict which coin will moon and when. There are too many of them and most are pretty worthless. Another thing is that people often invest in the right time but sell to fast. I invested in ripple when it was worth 0.40, sold with 2x profit and then invested in it again when it was $2.5, so now I'm very much down with it. At the same time, I invested in Eth when it was worth $16 and then got robbed (lost 60% in ethereum-wallet.net) when it was $300 and sold the rest, because I didn't feel good about this coin anymore. I also had neo and sold when the price dropped.. I still hold iota bought for $0.75, because I really believe in the project's bright future.
We all make mistakes. It's hard to make things right out here.

This forum has the scam accusation section for such purposes. There are many threads with ongoing investigations of projects as well as proven scams. I think a thread where people would put all of them is inconvenient, but perhaps is would be good to make a childboard in mate section, devoted specifically to ICO scam.
Unfortunately, scam is always out there when there's a free market where nobody is forbidden to promote one's project.
I suppose a way of dealing with this situation would be to make some additional forum rules on promoting ICOs. For example, for ICO to have an ANN thread, make sig campaigns, bounties and airdrops, it would need to have:
- official website
- a team, whitepaper and a roadmap on the official website
- an escrow for any things related to paying people some money in btc.
But this wouldn't stop the scam projects anyway, it would just prevent forum members from investing in them.

I agree, altcoins might be doing slightly better than bitcoin, but they are not really having good times. Litecoin, ripple, iota, tron.. they all are still hugely down. I am surprised the op it talking about gaining profit right now.

Eth, bch, neo and qtum are still in the process of recovering. If you are saying you gained more on them than on bitcoin - well, congrats, I guess that's a good thing, but your main point doesn't seem understandable to me.
And you are talking about low marketcap coins that could give high profits, whereas your main coins are definitely not among low marketcap ones.

The guy above made equations with words already, but perhaps with variables and some explanations it would be easier for you to understand.
You bought your coins for x ethereum. Then you sold them for y eth. As the transaction fees on eth are not very high, we could neglect them, but I see that many exchanges have their own withdrawal fees and that is why we should probably include the fee as z. To calculate the profit/loss, you do the following:
y - x - z. Thus you get pure sum you gained. If the sum has the minus then you lost the money. If you want to calculate the profit not in the sum of money but in a coefficient (I mean, 2x, 3x etc) then try this:
x+z = 1
y = q (what you want to know)
q= y/x+z
Good luck!

ICO is just a stage of coin's development, then it becomes another coin in the list among many. I believe people are choosing icos BEFORE the token/coin distribution, since later nobody cares how the coin got released. That is why some of your points don't make much sense. 5, 6 can't be known during ico stage as the coin is not traded yet. Oh, and you say you choose NEO - well, the coin did have an ico campaign, but it was a long time ago, whereas now it is just available on exchanges.

I think it is reasonable to suppose that Chinese will sell some coins before their new year, but that could make at best a 10% of price change. What's important then is whether panic sellers will join them. I think eth will never be $300, whereas btc can get close to $4k, but not now. This dip seems to be over. Now the price will either stabilize on $8-9k or go up. Ethereum seems to be following btc these days, so I guess we'll see it $900 quite soon.Do you mean the hearing that already occurred a couple of weeks ago? I wouldn't say its results were very promising. It was just about regulation and in general speakers were not in favor of cryptocurrencies from what I read.

How did you store your electroneum then? Was it their official electroneum mobile wallet? I don't think it would help but you could try contacting the support of where you stored your coins. At least, perhaps they would be able to tell you how the coins could be stolen. Maybe this will give you some clue on how not to make the same mistake. What if it was some problem with their wallet? I guess they could even give you some compensation in that case. If one transferred your money from your wallet into another wallet based on their app/website then they could ban that wallet or even contact the scammer if they have some contact data like email.

That's surely good and the price is now 70% down from the maximum, so at least there are good chances it will recover and that would already bring good profit. The project also looks cool from the explanations on their website. The only thing that disturbs me is no whitepaper. I would still go for this project, however, since it is not likely to die off.The project seems to be developing and quite legit. Their aim is hard to achieve, but if they really manage to help customers win over operators, that would be a major change. I am sure you'll at least get your money back on this project. Everyone's investments are down right now anyway, regardless to a coin.

Yes, I guess coinmarketcap is the best website on this matter. Rebellious is better to be sold on. It has enough volume but the reputation is not very good, so I would suggest getting the money out there right after selling. DON'T sell this token for btc, the fee is 0.5% for btc on this exchange. Sell only for ethereum (it will cost 8 dollars, but I see no better solution).
Equal is to be sold on coinexchange for eth or btc (not sure what's better in this case).

That's very true. People somehow ignore it that even btc is now still 7x up from the price it has a year ago. However, the blood is truly there right now. People made huge mistakes with these panic sells and are now dying in agony.
I read that the original phrase had also the second part as follows: 'even if the blood is your own'. That's also true for now, since many of us are now about 60% down with their investments and it certainly takes some amount of courage to buy in such  a state.

I have heard people complaining on bittrex before. It was about the notification that all coins which fail to provide some documents till a cretain deadline would be delisted.
But why is selling funfair a pity? The coin is scoring high and one is supposed to sell high, right? You must have got profit with it already anyway, but if you really believe that this coin can score more, then just do what others say - transfer funds to other websites. I guess it would be best to sell fun for ethereum and then withdraw ethereum to binance. Good luck with all that trading!

I noticed that now there are actually quite a lot of young (newbie, junior) forum members writing very pessimistic things on coins. I don't understand why they bother registering here for such purposes and sometimes I even suspect that someone is paying them to do that (someone outside of the forum) who wants the blockchain to fall. Obviously, big governments are happy for it, since they don't like lots of money they can't control. I don't think they can win, but they are definitely doing their best. Most of the news are really against bitcoin and blockchain. Perhaps some smaller players are making this newbie sabotage.

I saw some cryptocurrency projects of exchange platforms, but I am not sure how successful they are going to be and perhaps they would not be able to accept fiat.
We still have other exchanges like bitfinex, which is trusted and doesn't have such things. It might get worse as well, though, since Korea is taking regulation in their hands.
And what happens if one was holding a coin on an exchange and then this coin was removed from it? The user just loses money? Or are the coins somehow automatically converted into btc or something else which is on the exchange, by the way?

Don't panic, the coins have recovered from today morning's surprises. The prices are quite stable now. I think we just need to stop caring about the prices and worrying every day. We all new that there was always a chance to lose our money in trading and investments in coins. Now is the time to test our faith. Is the market important to us? Do we believe in currencies as means to revolutionize economy?
When the prices were going rapidly down yesterday night I was even thinking about selling third of what I have myself. But I decided to keep calm and believe in blockchain.

Yes, the coin crushed dramatically. I have never seen 100x down on a cryptocurrency! Shutting down because of press making bad news doesn't really seem to be a good explanation to me. It's to sudden and people lost a lot of money, though I read they've been compensating people on previous prices. I would go for such projects. There are lots of accusations of it working as a ponzi anyway. And, as everyone sold out the coins and people are still angry, I don't think this coin has any chances of recovering.