I wanted to trade IOTA and registered on bitfinex for that. I guess this exchanger is big, trusted and containing coins which are not listed or bittrex. As for mobilego, I can see it on many markets but I guess Liqui is the most trusted one among them. I think you should go there, for it's too risky to use unknown exchangers. Even famous one have some hacks and robbery from time to time. If you feel that this coin is great as a long-term investment, you should install the wallet and keep the coins on your computer.
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I highly recommend on this following 5 altcoins to invest:
1. Minereum 2. DeepOnion 3. NEO 4. Ethereum 5. Signatum
you have to make a research on these altcoins.
I've never treated 1,2 and 5 seriously. Ethereum might still be a good investment and maybe now is a good time to buy it for $300. I guess one can wait a bit and the price will drop a bit more. As for NEO - it's sad but true that this coin is totally crushed and is not likely to become great again. Please, does anyone actually read anything I am posting? I am looking for an actual website to purchase these coins for US currency. Please let me know any sites that are trust worthy.
People mostly buy altcoins for btc or eth, but there are big exchangers with usd markets as well. Try bittrex. It's one of the biggest and most trusted markets out there. You'll see the USD option there as well. The only big con of this one is that they have a small max withdraw per day. I don't remember it right now and it only matters if you are a big playerm the the amount is something like 0.1 or so.
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Yeah, I've never really trusted ICOs, because there're too many of them and it's hard to see the difference between innovative great projects and total scams unfortunately. Surely there are a lot more icos than real projects they are supposed to represent. Such lack of balance wasn't able to do any good to the market. I think it's good it caused only some price dumps and no economic crisis, because it could've resulted in it. By the way, I think it's good that finally our market will be cleaned from useless trashy projects. Maybe the surviving icos will be taken more seriously and will deserve to be a part of real crypto world.
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China is not the whole world. I think this will hit ETH but not kill him. Also the Chinese are gamblers on the market, they can circumvent these prohibitions.
Yes, and there are many Russian icos built on eth, maybe more than Chinese. The only crypto to which this ban might be the end is NEO, for we all hoped this will be the currency on which Chinese will make their icos and thus pump it very well. Now is just bad times for currencies and good times for smart investors, I guess. By the way, eth is still almost $300 and ltc is $65, so I guess they're not hurt a lot by the ban. Btc is $4240 which is sad, but I hope to see it recovering soon, because it is definitely not affected by ico bans. I hope Chinese mining farms keep going though.
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Never a fucking good notice....now the Ico ban in China and value of coins crashing, i hope it's only temporaly
I'm sure it is. There has never been such a thing on cryptomarket that actually ruined it. We've seen big dumps followed by big pumps after some time. I think this will happen this time as well. Even if Chinese people won't build many icos - there are many other strong countries that will still help this world to keep going. I'm currently very upset with iota going down, but I will be patient and look forward to the better future.
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very terrible if ico is forbidden in china, and I think maybe people there will protest and do not want to stay in silence
Protests in China? Well, if you have a strong death wish... The Chinese will swallow this as they have swallowed other, bitter pills before. And they will find a way to spend their excess money somewhere else for now, until the dust has settled. Yes, I agreed. Sarcasm you must be forgotten that China is a communism country. There will be no protest at all, Chinese citizen will take it, obey any rules made by their government. I tell you what, you can't visit facebook in China and a lot other websites, have you even seen a protest about it? As far as I know, in China a lot of things are formally forbidden but nobody is actually charged or somehow else punished for that. It holds for facebook, for example. I guess now we just see the big panic, but maybe Chinese will make their icos and use cryptos anyway a bit after this official declare of them being illegal.
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Its because of Chinese ICO regulations. Theyve banned it at this point (the banks).
This surely explains NEO and ADX being down so strong but not btc and others. From time to time huge dumps happen and provide a good opportunity to buy some coins. I know it's a tough time when you see all your investments costing a lot less than a few days ago but this will change and eventually you'll see 'em all green again. Well, perhaps not the Chinese ones and icos which are already launched on Neo. I made a stupid mistake of listening to what others were saying. I bought adx hoping for the big pump to occur in September and lost 30% of invested money already.
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Yes, I've seen the news about icos banned as well. I guess that's the main reason why NEO is going extremely down right now. Gosh, I guess a lot of people are losing their money on it now. What do you guys think: will non-Chinese people make a sufficient amount of icos on NEO for it to keep going? Will we see NEO great again? Or is it the end and time to sell everything when the price is still $20?
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Well, I honestly don't understand what is meant by the correction even thought I read all the posts in this thread. Correct price? It doesn't make sense to me, for there's no stable true price in cryptos. Correction as an improvement? I can't see any logic here as well, for there are no upcoming development projects, especially those which would be related to the price. I think we'll see $5k once, now is just a time of a temporary dump.
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My God! This is very bad for NEO investors, including me! We thought that neo is the Chinese ethereum on which it's easy to build icos. That must've made this coin very popular and expensive! Now, as China banned icos, nobody will actually use neo. I mean, sure programming languages are a big advantage of neo above eth, but that's not enough to beat it if Chinese don't launch icos!
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Adex is a very good buy right now. It is very cheap because of the red marks of almost all alts right now. Great time for buying. ADX is one of those coins that I am following. From cents-worth to more than a dollar even if it is a very young coin and was just accepted by bittrex last July.
Bittrex accepted Adex in July this year not last year. I think this market will definitely grow highly because Adex receives a lot of new cooperation in this market, especially NEO market is being attracted by many Chinese investors. I hope you guys are right. I listened to people on the forum saying it will pump soon, bought the coins for dollar and something and since then the price has been slowly going down! I'm really disappointed about it right now. I sold lgd with a small loss in hope that adx will help me to get the money back and now I lost some on it as well. Not even mentioning goddamn NEO which I bought for $35 or so... I guess Chinese government's intolerance with icos is causing great harm on these currencies.
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Hi - Newbie here..I would like to put down 1000 USD next week.. What would your advice be to me?
You have to understand that people make mistakes here a lot. Why? Because nobody really knows what coins will score high. These are all just guesses primarily based on price charts, announcements and advertisements. You should go on coinmarketcap.com and decide for yourself. I think now is great time to buy IOTA, I just bought some yesterday, but I wouldn't risk too much money on such a project. Btc is really expensive but it's true it always grows in price eventually, so maybe most of people in this thread are right when they advice you to invest in it.
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Lisk/Stratis are good projects to look at.
Stratis is a bullshit project to look at. I went through their official presentation and you know what? They just keep explaining things like decentralization and blockchain there, just as if there was no bitcoin before them and no other clones of it as well. The only new thing they offer is proof of stake but I believe this is also a feature of some alts already. My opinion you can pick Waves , Ethereum , Litecoin and some Dogecoin , these Altcoin the price growing slow but sure.
Doge??? Are you sure? I'm totally sure about doge. It is one of the good and old ones and the coin that's actually used by lots of people every day which is not true about most of coins out there.
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Litecoin seems to be gaining ground on being the 4th largest marketcap behind ripple. I think that litecoin could outgrow Ripple and Bitcoin cash at the end of the year with a 10 Billion dollar marketcap.
I totally agree. I was playing on Litecoin's all summer, but as by the law the price raised after I sold my coins by 52$ price Honestly, I didn't hear any big news about Litecoin for a long time. That was a big surprise to see this morning 92$ price really. But now I see that Litecoin depends from Bitcoin and currently they both are falling. Litecoin is the currency in whose success I'm sure more than in anything else. I bought it for $20 and will hold till the price reaches $1k or so. I know ltc isn't really a big step forward after btc but at least people are working on it and the coin has been around and trusted for a very long time. Moreover, no big problems like hacks and forks with eth never happened with ltc, so it's quite stable. It was and always will be somewhere around btc.
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Well for me smart person is better than a strategic person, Because we all know that smart can easily learn how to be strategic. So for me smart is better.
I think it's harder than that. Sometimes one has to be smart enough to realize there's no use in strategy as well. For example, in gambling (especially, in dice) strategy (martingale) is likely to make you lose what you had, whereas being smart enough not to care about gambling with a strategy might be a savior. On the other hand, I'm sure there are situations when strategy is more important. For instance, one can be smart to buy a perspective currency but lack strategy to decide when to finally sell it and make real profit.
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Bitcoin is too small and why would elites panic from mire rich people? People are getting rich and poor on a daily basis. I think the one panicking us OP. You are not right. Financial analysts don't think about capitalization. They study market trends. They have something to fear. We see a geometric progression of growth of bitcoin prices. The higher the price the faster will be the outflow of capital from the stock market and the Forex market. It may be a year or two to destroy the economies of many countries. Furthermore, if cryptos once crush - this is going to be the biggest problem of all. People used to buy papers or get credits to live. Eventually, such events led to huge economic crisis. I mean, what if once people stop trusting cryptos and realize the absence of value in them? This is a question worth billions of dollars! Bitcoin is even going to surpass the predictions of top analyst who are predicting it to reach 5k before this few months run out, but I wont be surprised if the coins get to 5k in two months or less since bitcoin is a super booster
Totally, we've seen it being $4700 already. God, as coinmarketcap shows, the price even reached $4900 yesterday morning UTC.
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I bought some monero but sold most of it due to the pump. Perhaps I should buy more again. But, actually, I don't like investing is expensive coins. You have to spend a lot of money for the price change to make a difference. And apart from anonymity Monero doesn't offer anything new anyway, so I guess it is meant to be a coin for trading. I prefer coins under $25. Investments in giants don't work out very well for me. I hold lisk, adx and neo. Hope to see them pump hard till the end of September.
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A good Name is obvious important. People spend alot of time thinking for a good and catchy name . The name usually should describe about the product making it more attractive to investors
I agree, it is important indeed. I've been reading a book "Subliminal" by L.Mlodinow and found out there about some psychological experiments which made it clear that people care about the names a lot more than they think. For a name to be good is has to be simple. I mean, one must be able to easily pronounce it. Waves and bitcoin are good examples. Furthermore, it is better for the name to be a bit sophisitcated as well, so that we don't think it is something too simple. Ethereum is perfect because it is easy to pronounce + it provides us various connotations.
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It is obvious that it's about demand and offer. However, I believe nobody in this thread specified which factors make people want eth and thus create the demand. Even though new eth is likely to appear forever, there's limited amount per certain period of time which can appear. This makes the coin deflationary in a way and thus limits the supply. ETH platform is really cool and reliable to launch icos on + makes smart contracts possible. These two factors create the main demand.
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I heard people say strat will be the main eth competitor. I think NEO is closer to that even though it keeps falling. Does this coin really offer anything nice and unique? As I understand this coin has both pow and pos which sounds a bit interesting. And yet after looking at stratis technical info on their website I can say that I don't see anything special about this coin. I guess it might be good for trading but not as a long-term investment.
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