Not only BTC, but also many other altcoins are now falling deeply, perhaps today's market has quite a lot of people withdrawing from the market, they abandoned the altcoin trading. So the new price drops so low.
All thoses ICOs, even those with no real life applications and yet attracting millions of dollar in investment are where all the money leaving the main digital assets like Bitcoin have been ending. However, it's not like majority of those investors are done with Bitcoin and the rest, they're just after fast money and would definitely come running to the tried and tested cryptocurrencies in no time as reality begins to set in. |
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Payments in IOST and BTC received! Am glad it all ended on a good note. Thanks MadZ, you're still a gentleman and wish you better luck in your future endeavors. Big thanks and best wishes to the IOST team and all the participants in this campaign.
My 2 cents: Guys let's not be in a hurry to path with our IOST token, instead, let's buy at the dip the sell off by some people may likely create and then sit back for some nice ride!
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Well one cannot really complain about a particular house edge because its a free fair world and they are not hiding something from you, if you want to play then you are free to do so, if you want to go somewhere else then also you are free to do it.
There are already plenty of sites competing in the low house edge market. We offer something different and that's been very successful for us. There are plenty of players out there that prefer all the bonuses and free lotto tickets. If we took all that away and lowered the house edge we would be just another dice site competing in a very competitive space. If you listened to yourself, you'd have heard a voice asking, how far can you get with playing the Ostrich? The fund for the bonuses and free lotto tickets comes from the very 5% house edge and now a huge chunk of your so called " plenty players," are at the site not for the game, but for the bonuses. You don't have to hold a degree in Math to know, it won't be long before the loot dries off! If there's any move worth taking by this site to make it genuinely competitive, it's to do away with the obnoxious house edge for something within the industry standard. |
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Hi all, I am an official representative of the IOST team.
First, I would like to sincerely apologize on behalf of the entire Internet of Services Foundation for the delay of payment during the past month.
Second, we were able to get in touch with MadZ yesterday and will be solving this issue as quickly as possible. We will make sure that everyone is compensated for the work they have done within the parameters of the campaign, and will also add a 5% bonus to the amounts you are owed as way of apology.
Lastly, we truly appreciate the work you have done to spread IOST across the crypto-sphere and hope that you will continue to interact with our community going forwards!
We understand that you have already been kept waiting far too long, but we ask for your patience as we work with MadZ to to remedy this situation.
The participants of this campaign have shown great maturity and understanding especially because of their faith and conviction in the IOST project, don't let all that be flushed down the loo because of the height of irresponsibility of the manager you people engaged. If China is yet his excuse, the simplest thing would have been to submit the updated spreadsheet and outstanding fund to the IOST team, so they effect the payment themselves and not to request for more fund to be transferred to him. He promised to pay within 48 hours, but it has been more than 96 hours and not even a word from him. Moreover the fund in the escrow account already depreciated in value by almost $3000. I just can't place him in his apologies few days back! |
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Hello Yahoo, hope you'd consider my application!
Btctalk name: Victorycoin
Rank : Hero Member
Current post count : 2150
BTC Address (No BCH): 36WGG9UUnSe2fyipJE5bRZ9dFf5PWBuN73
Wear appropriate signature : Done
Wear avatar : Done
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Anyone got their ttv tokens at the ICO end? Cause it ended right? I'm sure that I wasn't credited any tokens  What happened? Maybe aTriz knows something?  Checked their telegram channel earlier today and turned out their ICO is still on going, untill 24th July. |
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Just like traditional market, Whales and Bots are part of the games just accept that and it will be always that way. If you are smart, you can make money when market is falling or rising.
It is a free economy after all and even whales are looking to make profits, which no one can deny them. At any rate, the whales are not so much a threat to the price of Bitcoin, as is the ignorance and too much expectations of many traders. Whales in every market are able to manipulate the market because of the added advantage of the huge stake they hold, which also predisposes them to greater risks but the juicy part is that there's free entry. To every discerning trader, whales create opportunities for profit making, when you ride behind and not in front of them. |
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I actually like fear in the market. Shorting at the right moment makes me the best profits, which is that I can buy back Bitcoin at far lower levels. An increasing price is meaningless to me since I don't care about fiat value. I just want to see my Bitcoin quantity keep swelling throughout the years, and these corrections are the best possible outcome to accomplish that. Smart retail traders are accumulating around current levels, where I think that the more professional bobos will prefer to wait for their chart to lick their ass and make them comfortable to start buying. As long as you average your buys on the way down you'll be doing well. It requires some patience, but patience in this market pays off.  You're not alone and since some people would never learn or look up, their unwarranted fear and apparent lack of patience will continue to end up as gains for those who wait. Knowing right time to go short or long is the key here and with that, you don't really need another ATH to make more coins as Bitcoin never failed to be on its feet again every time it fell. |
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Don't you mean sell whatever coin your have for tether when market is down?
Not when the market is already down or you would be losing doubly! The step is to be able to spot when the party is over for a bullish run, meaning market is set to reverse. That's the ideal time to sell your coin for Tether, which you would now hold until the reversal is spent. |
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Could be a bull trap, it's really easy to just say that the negative trend has been ended and from now and on we are going higher, but I think that it is too early to know.
If the trend continues we may enter new support levels, it seems like the recent uptrends happened without a real reason, and when something happens without a real reason it usually won't stay in it's level for long.
As a longer term investor I don't really mind about short-term trends but I do think that if I were a short-term investor it could be a good opportunity to sell, so I can buy back lower.
What could be a better reason than that most investors see price below the $6000 price level as good buy? As a result of that volume of trade spiked up and market capitalization was up by over $26M within 24 hours. Even if a formidable support is not in place yet, the market just made a statement that they're on standby, keenly looking to mop up excess supply from the market. So it's indeed a good weekend! |
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Tether has already been proved as a scam, if it crashes, the entire price of bitcoin is going to go down like rollercoaster, so i think that buying tether is not the wiser thing to do
I don't think the huge volume of daily trades in USDT across exchanges agree with your scam accusation and the price of Tether is pegged to $1 and not Bitcoin. How is the entire price of Bitcoin going to go down like rollercoaster should Tether crash? |
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I am really surprised seeing the current situation of the market. Approximately, all he popular coin price is drastically falling. What is it symbolizing?? Should I do invest now or wait to see what happen? One thing is sure - the bearish market is far from being an indication of discontentment or people giving up on cryptocurrency, but the allure to relive the exponential growth of the most established coins, this time in tokens, is where all the money has being drained to. Bitcoin is tried and tested but you see ICOs springing up like mushrooms, that's the craze and unfortunately a good number of them are white elephant projects, sooner than later the bubble would burst and they would come running for safety. What all that means is that the real party is in mopping up as much Bitcoin and a few well established altcoins and then sit back and watch history repeat itself. |
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The ICO ratings sites are completely worthless as tools for making investment decisions. On numerous occassions I have seen them giving high ratings to projects that were completely fraudulent and that even the most cursory due diligence would have uncovered. They simply reprint whatever information the ICO project gives them and do not do any fact checking at all.
That's right! For any so called investor to lean heavily on the advice of so called expert ratings, means they are fully ripe for the fall coming their way. A question begging for answer is, what made them experts? The decision to invest ought always to spring from an investor after their due diligence, everything beyond that is an opinion that should corroborate what the investor already knows or get him digging for more facts. |
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Many ALTS have NO value: Maybe the market will correct to this fact of life.
As an example Tron was built on hype and has a huge marketcap: I am using this as an example regarding hype and overpriced!
You hit right, some are just a duplicate of other past projects, so if you are newbie here you will notice this, but if you are an old investor or bounty hunter you will notice that some are just creating a project that is not attainable at all, too good to be true so it's important to know who are the team behind those token/coin. I think you meant to say the opposite! As with every good invention, the-never-do-wells, would always want to zero in to do what they do best and there is not way to totally stop or prevent them, but any serious minded person should be able to carry out extensive research on a project they plan committing their money and not to swallow all the bogus claims hooks and sinkers. It goes without saying that the motive behind a good number of projects is to scam and often the huge figures claimed in pre-sales are carrots, sticks and donkeys. |
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Doesn't really make much sense to me, complete waste of time. Energy prices are too low in places like China for renewable energy to be competitive.
Should make sense because the concentration of mining activities solely in China, on account of cheap electricity, possess a threat to the cryptocurrency industry. Aside the huge initial cost implication for green energy -(ICO hopefully takes care of that,) the cost/kilowatt broken down over the years, makes them viable. Also check Solarcoin and the link below could make interesting reading: https://bitcointalk.org/index.php?topic=1783328.260 |
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@yvonnexhaha
Thanks for this annoucement. Good to see that someone from IOST team is concerned and ready to solve this unfortunate issue, because bounty participants already started to leave campaign.
If you can, please also share any information about the reason of MadZ absence.
He's been in China and apparently they've been cracking down on VPN's and he's been struggling.That isn't much of a reason for a general to abandon his soldiers at war front! All the same, it is good news to know MadZ is alright and that the IOST team is now on top of the situation. Thanks for heeding our sos call @Cinazhang. |
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Market crash? Normal decline, quite common.We need to stay calm and wait for changes for the better.
Unfortunately there are people that expect so much from Bitcoin and these ones would see nothing good with your suggestions above, forgetting that market correction is indispensable for balancing the market and something worthy of note is the fact that, market correction does not mean overall market trend have been aborted. |
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i don't think so. no one can guess about what will happen future. some bad news can effect, or good news same.
You say I am wrong: we will see. I wish I was wrong but I am a realist that uses intellect to make a deduction! Everything points to sub 6K What's the big deal with price getting below 6k? For me and am sure, a good number of other Bitcoin enthusiasts, would see that, if ever, only as a rare opportunity to buy Bitcoin again at amazing low rates, so it would alas end up a welcome development than a sad one. Bitcoin have for almost a decade now proven to be a survivor and this will pass too like other times before it! |
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I don’t think it’s a good time to buy because it’s not yet desperate. I think it’s the best time to buy when everyone starts to feel desperate. So now I think we still need to wait.Of course, if you really want to buy, then ETH's current price should be worth buying.
By "not yet desperate," I suppose you mean panic sell off as used to be, is fast becoming rare. I think it's probably so because people are becoming better informed about Bitcoin and positive about a bullish run in the offing. In view of that, not buying at all in the hope that price would dip further down, might lead to regret, because as we have come to know, Bitcoin rebounces in the past, have always taken people by surprise. So best bet, is simply to be prepared and ready for the next rallying. |
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