Yeah, they are just pretty much lucky because any risk that is way beyond normal reasoning and the person getting the best from it is pretty much just luck as it could have been the other way round. I am not sure I can actually do something like this as well as that was way too off the hook and it only takes someone with so much gut and a don't care attitude to pull this off.

He actually said it back then, that he believes this is the future and even if anything happens, the worst is that he will have to start over, but a risk he is willing to take. It paid him off though.

If I may ask, based on which observation ?
It just seems we have a lot of clowns on this forum who thinks their assumption really counts in the market that is obviously very volatile and complex. I get it! We are all optimistic but we should at least always place reality into our optimism. So far, no one knows how long it would take for Ethereum to ever get close to hitting the previous ATH, let alone a new ATH, but however it is, we just HOPE for the best really.

Investing in ICO is actually a very risky thing to do honestly as long as you are not a very sound investor who would know how to filter out a good ICO and at least use that one to minimize the risk to some pretty good extent and as long as you can do this, it is actually worth it most of the time.

Nevertheless, holding bitcoin and ETH or any other good potential coin is already an investment and considering how the BTC and ETH market has been doing though, the any holder should be fine in the long run rather than struggling with ICO. Instead of trying to contribute in ICO, I do try to hunt the bounties because of I am ready to spend my time and efforts rather than my hard earned money.

It is just quite unfortunate that is the way most gamblers always think and the funny part of it all is that they will never change from that mindset.

I wonder why someone would be counting on a game of luck to set them up for life and rather than see gambling for what it is, they are focusing on winning, or making profit. It is even that idea of making profit that always make me want to puke most of the time as it is a terrible way of thinking when it comes to gambling.

That would actually be a start but the thing here is that he will definitely have to come up with something pretty enticing to be able to break out from the stiff competition in this industry since there are so many reputable and reliable ones already offering that. I doubt if anyone will want to leave bitsler, cryptogames, fortunejack and the rest for a new site knowing how some have opened their own gambling site in the past just to end up as a scam eventually.

Still, looking for new gambling ideas must be a great initiative by OP to entertain all of us with his new venture. Success of that venture may be a secondary. But being innovative for change is the thing attracted me too here.

It is really difficult but there is always an easy way out. Normally, even if you are fixing price, you are not going to be fixing the price in bitcoin, but probably in USD or in your currency with the mode of payment in bitcoin enabled, which anyone who wants to use this mode of payment will get the equivalent at that particular period in time, and a time interval to make the payment, otherwise, it would be reviewed. The thing here is you just have to find a way to play it safe due to the volatility in the market and most especially when rendering online business as the volatility can just send you packing out of business.

Until bitcoin is used primarily as a means of investment ? I guess you know the fact it is more like a speculative asset now that we have it as it is. Nothing drives the price except for just pure speculation and then you wonder how it is ever going to be sustainable in the long run.

The real usefulness of bitcoin was mainly supposed to be as a currency and asset base is just one of the positive sides of it, but it seems more attention is being focused on the investment aspect than the real life usage aspect which the latter is really what we need to see a less fluctuating price.

Yeah, all you just need is the understanding on how to trade safely and try your best to not get screwed. The market is generally volatile and no matter the coin, if there is simply no strategy at all, then there is no way anyone can get the best from trading. Trading is not that simple and no coin can make it easy, the only thing that can make it easy for anyone is just that person himself. It is also important to know that there are some coins not to be traded anyway as they are mainly shit coins, but that is simply different from trading itself.

I bet only you can understand all the things you have just said. You think 2017 was not worst ? Even though we have some pretty good ICOs in 2017, we still had a lot of scams that evolved and ended up running away with investor's funds.

So far so good, I believe 2018 will even be a better year than last year with the way regulation is taking shape and this should at least help us to see some sane leveled environment. Also, looking at the way some of the social media sites are going about to verify legit ICOs and companies, we might as well start seeing the start of scam ICOs being washed down the drain.

Since you are new, then find a way to read. The problem is a lot of you do not like researching because if you do, you would have been able to browse through this forum to know pretty well that there are some discussions that would be of help to you rather than opening this topic to ask the same question over again. However, there are so many resources online that you can make good use of and except that; you may not be able to get the best from your trading.

The benefit is not even something we should be thinking about when the impossibility is more. Moreover, I really do not see how one system of governance is going to benefit anyone, as this is what it exactly implies in case we are not seeing that picture.

Secondly, I do not believe any government will even want to make that decision of picking bitcoin over their currency unless things have really gone so awry with their economy and this can only be done by accepting it alongside the fiat, and not imposing it as a single currency before we even start referring to the whole world.

It is funny you said you like it and then you are still stating the disadvantages as it applies to you. Spikes are caused by greed and that is one fuel in the market that does not come out well at the end just like what we have seen so far.

Every unnecessary spike in price usually come with a crash most especially when it is not a sustained one or nothing serious driving the value except speculation and FOMO. Steady growth on the other hand is more like having a much matured market with everything going on smoothly and the greed factor being limited.

Yeah, the real beginning of something superb. I am pretty sure the whole ecosystem would have changed a whole lot by this time with massive adoption that could come as a result of regulation, like you said, high level of investors stepping into the space and so many more. Which I am sure this is the thing we are all looking forward to anyway and the things we will get to see over time.

I cannot say how 2018 would be like but I am sure we will start getting to know how the future is going to be playing out from this year on.

The problem with a lot of new investors or those in this community is they cannot just do some research to be able to give an answer to their own question and this is why they always end up a victim of these so called scammers until they realize how foolish they have been for being allowed to be played. A lot of investors focus mainly on the idea of the project and forgetting if there is actually a team that can pull it off or if there is a product on ground and this is where they always miss it.

Anyone who is daytrading should always be ready to be set out for some pretty huge loss if they do not have any knowledge at all. Considering the nature of the market and how easily they can get screwed, no one without knowledge much about the market or trading should even be considering making any move.

A lot have lost their little savings when they could just watch it grow in their wallet and that is what happens to anyone who is just looking for the easy way out without knowing all the conditions attached. ifthe OP insists anyway, Bitcoin, Eth, LTC and some other high volume coins should be his target.

What most people are not understanding with altcoin is that they are more like a speculative instrument which is more like in and out all the time and most people are only use this medium to increase what they are holding in the long run which is something no one should place so much of their mind on unless they are just so sure of the coin they are holding to have an extremely explosive future with respect to growth.

As long as it is making money for them, shit or not, you will just find people trading them for profit (short term) ?

It is funny that when the price was mooning last year, a lot of people were asking if they should buy and now that is way low and at the ground level, some are still asking when to buy. I would simply say they should wait till in the next few years when they finally get what they want. The idea is to buy and hold for the long term as long as you keep seeing the great potentials for the future, but I guess greed is just going to keep blinding people in making decisions on the way up and on the way down.

Also, I always believe holding with some level of wisdom is way much better and in that case whenever there is an unnecessary FOMO one should always know when to call it a day for such investment and look for better position to buy back in the future. The market always have one behavior, it is more like money interchanging in between bitcoin into altcoin and into fiat as long as traders are going to keep making huge profits from all these.

Yeah, that is definite but not very soon and we cannot know if this will even be the case in the next decade or even more. The thing here is with a larger market cap, the prices of a market actually would be fluctuating less and that is when we will end up seeing more of a matured market than some pretty huge volatile market that we have today.

With bitcoin fluctuating less, we would have gotten to the stage of mass adoption as currency usage already and by then; I can imagine what the value would have been like.

It is even a good thing that a lot of people can even be able to find something pretty useful to do with their life just due to bitcoins. A lot of people in low income countries, so many people who do not even have a job to cater for them-selves, have been able to find one way or the other to benefit from this space. Also, for early adopters who never really imagined things to turn out this way have been able to build a whole lot for themselves and create more opportunities for more people to get huge benefit from the community.