there are only two times when i ever buy an altcoin:
1. when i see a recent history of stable price with it staying at a reasonable range with little fluctuations and then leading to a big pump. i buy before the pump happens to sell on top.
2. when there is a huge dump and price tanks hard. that is a good short term investment. you buy in the dip after the dump slowed down and finished and hope you did well speculating and sell in a very short time after it recovered (also known as Dead Cat Bounce).
Your second point describes the time I usually buy alts, especially if the price drops near all time lows that are less than 30% of their regular highs. This way, I know even if it only recovers to the level it always struggles at, I can still make a decent 10-15% profit. Also, this does not really apply if I see a alt that was after a recent ICO as it is too early to tell the swings. I tend to wait until it has been around for a minimum of six months. |
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There is no wrong way to use cryptocurrency, I suppose. But there is a lot to say that this is the type of crypto that was not the vision of Bitcoin or cryptocurrency. Then again, if it helps make lives easier and encourages blockchain and crypto to be accepted, then I guess why not. Also interesting how someone mentioned Dubaicoin. An alt that had nothing except the promise of being expensive due to scarcity. That definitely is a wrong way to use crypto, agree?
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Strange that nobody seems to have updated or respond to this since May. The original assumption appears to be correct, and should be anyway. What you get is what should be reported. Now for me, all my actual trades have been exactly what I bid/ask for, since I bid and ask according to what is available on the orderbook anyway.
I think I can only recall having one trade executed by getting filled, but I cannot find the history now.
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Wow. It is quite rare to find a new project that can peak my interest in just one post. I doubt I will invest my time into really going into the treasure hunting aspect, but when I think about the habits that I slowly picked up over the years, I can see the real possibility of people adopting this type of service. It may take many years to be successful, but is simple enough to survive and grow as a standalone service.
Next up should be a simple infographic to explain this tangle storage!
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It’s great seeing this interest in Cardano and Ada. I'm Tom Kelly and work as a Community & Marketing manager at the Cardano Foundation. It's a very exciting time for us right now as we publicly launched Cardano on Friday and today/yesterday began trading on Bittrex. What is Cardano? Cardano is blockchain technology that harnesses the latest research and engineering best practices to build a system that will run decentralised applications, smart contracts and is fit to securely carry very high value. Cardano is being built by IOHK, a leading technology company. Their international team of leading experts, academics and cryptographers have built Cardano over the past two years, inspired by the best features of existing cryptocurrencies including Bitcoin, Ripple and Ethereum. Of its many innovations, Cardano is the first blockchain to use a provably secure, proof of stake algorithm - the only one to have been academically peer reviewed by leading cryptographers through its acceptance to Crypto 2017, the world’s top cryptography conference. https://www.forbes.com/sites/amycastor/2017/08/23/at-crypto-2017-blockchain-presentations-focus-on-proofs-not-concepts/#35d474f67b70. There is a wealth of information available to read on the Cardano Hub website. https://www.cardanohub.org/en/home/Anyone who has questions about the project should come to our community channels listed below. The roadmap for future updates to the project will be shared very soon, so join the community to keep up to date! Cardano Community Channels Slack: https://cardano.herokuapp.com/Facebook: https://www.facebook.com/groups/cardanocommunityTwitter: https://twitter.com/cardanocomReddit: https://reddit.com/r/cardanoDo not take this as a bashing. I am merely pointing out what I can read from this initial introduction. A platform for decentralizes apps and smart contracts sounds exactly the same as Ethereum. Why is it the first blockchain to use provable secure POS? What is the difference that makes it so? Also, academically peer reviewed? Maybe it is the only one that asked to be reviewed. I am certain any number of others can request the same but see no benefit. Is this maybe the "first" with a lot of Doctorates? |
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Good analysis in terms of the underlying technology building both Lisk and Stratis. However, you can only retrieve clues about their long-term values as workable tech, rather than long term predictive estimates of their actual price.
We would like to think that the two are inter related. I guess to some extent they are. But unfortunately, this is not always true to the possible extent. For that reason, I cannot differentiate Lisk from Stratis.
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Tough call to make, and I do not know where to start. Convention says to stick with the ones already adopted by dark market trading and these are just Monero and Dash. I feel that new anon coins would have to significantly improve on old tech AND get adoption as well to stand any chance of a good future in terms of price.
For that reason, I think stay with Monero, Dash, Zcash. They are not done yet with their pumps.
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Looks like a ploy to present themselves as exclusive. But really, if it all it takes is to enter your email on the website to get entered into the whitelist, I do not see how this will really stop people from signing up to the ICO. Only proper AML procedures can result in a vetting process. Then again,,, who will be in charge of auditing that vetting process? Looks like ICOs really have to reinvent themselves in the face of all the Chinese and South Korean bans!
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Easy kickstart method which worked for me: search on google for "airdrop + bitcointalk" and you can have thousands of free coins within an hour of just installing wallets and requesting for the airdrops. Next step is go to bitcoingarden and search all the airdrops there. It is a forum like bitcointalk but specifically targetting altcoins. A lot of alt developers are also there, so you will hear airdrops from there first. Good luck!
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Is anyone else wondering why all the QTUM news is so token and price focused lately? In the beginning, it seems to me from reading the old histories, that QTUM was all about helping the unbanked with smartphone applications. And projects for helping poor people. And all kinds of fancy save the world news and propaganda.
Not bashing QTUM needlessly here, but I look at all these projects and see the big focus on price and listing and token talk. That's not important for now.
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Nah, you do not need to do anything. Just let those countries watch others conduct good ICOs and see them slowly move towards regulation. When they see that they are missing out, they will change their minds. After all, most people feel China's bans are just to kill the weeds at the roots while they draw up the necessary legislature. I do not think there is any need to dramatize these bans
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I don't think this project has any potential whatsoever. Seems like a complete scam. OP you wann try and explain what exactly CarTaxi wll do for the world and how this will generate any value?
I am a supporter, as you can clearly see from my signature, but I am not a blind bounty hunter, as you can also tell from my history of campaigns. CarTaxi's potential is of course arguable, just like any idea and any project and any ICO. You show a lack of respect and effort in asking any project "what exactly will it do for the world and generate any value" - when you should do your own research before you just blurt things out. Never mind the laziness. Why the scam accusation? |
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Unfortunately, participants in bounty campaigns can do nothing, if they don't receive their tokens.
Participants should be cautious before they join a bounty campaign, after they been scammed, they can do nothing. Participants in bounty campaigns spend their time which is as valuable as the money investors spend.
That is not entirely true. Yes, you can probably never get your coins or bounties as promised, but you CAN post in the Reputation thread under Scam Accusations to at least mark the project and managers. Then you prevent them from repeating their scams and save other users. Also, if you voice out your concerns, you sometimes can get something back. But always do this with integrity. Provide evidence, use simple clear and unbiased argument, and please do not rant and use abusive language. |
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You said this was for the future. So I will assume that means years and not months or weeks. If that was the case, then you made a good choice. Litecoin has experienced amazing runs this year, but not so high that you feel it is over. It is always ahead even of Bitcoin in development, but that is the natural case for Litecoin as everyone knows it is a testing ground for technology like Segwit and even now Lightning network. Charlie Lee is the lead dev and so active to promote it.
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Depends on the coin. If it is dropping because there is no more development then you should dump it fast! If it's just a dip due to FUD then hodl and wait for the storm to clear. Good coins will always rise up eventually
Actually, I think more important than anything else with investments, and yes this also applies to buying and holding/trading alts, you have to decide what is your level of risk. What is the loss you are willing to take for the gain you want. Set a percentage. 10% or 20%. If trading set a STOP LOSS. This of course depends on the term of your investment. The longer you want to keep it, the higher risk you should allow. This is standard across alts, unless as many suggest, you truly support the coin but who is not here for profit right. |
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No matter how any of these centralized platforms may seem to perform, with attractive prices and fees, and amazing range of coins, you must be careful never to rely on only one as the best. Spread out your coins over at least four or five platforms. If any one of them goes down, or disappears with your coins, at least you would have lost only 20% or 25% of your holdings (depending on how many platforms you divide across). Learn your lesson from the mistakes of others. Do not think one is the best and stick to it.
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Jaxx, best known for their wallet service, is unsure what to do. While they signed the New York Agreement, their official stance is more ambiguous. There is no “official decision on supporting SegWit2x. A very odd statement, considering they vowed to support it. Do keep in mind this doesn’t mean they won’t support it. However, it doesn’t mean they will support it either. What's will be done by jaxx about the activation of SegWit2x on bitcoin blockchain, check out this. http://www.newsbtc.com/2017/09/30/jaxx-remains-indecisive-segwit2x-support/Looks like Segwit2x has lost yet another major supporter. This was always going to happen when one leaves, the others have doubt. I am not a supporter of either Segwit2x or not, but my leaning is always with the majority economy. Therefore, that looks like core (original) at the moment. Either way, I am not affected by Jaxx decision. If it supports the coin I use along with other alts, I use it. No politics and agenda behind my decisions. |
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I only somewhat agree with 1337, as I see now it is trading even at 2 satoshi, with the pow staking, this can be substantial over time. But I actually only say this because of the folding project which seems to recently also reward in 1337, and also with more and more new faucets giving out 1337. The biggest downside was when poswwallet delisted them, but at least it has an active development team. Other than that, too many other alts to look at.
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When I first joined crypto, I was like all other people fooled by the smooth talk and business suits. But do not forget, engineers, especially in crypto development, are a different type of people. They work hard on coding but are extremely proud and sometimes on the brink of arrogance. They always think they are right, spend more time correcting people and even their own supporters/community, rather than reflecting and learning from mistakes. Komodo is amongst many, who all feel they know best.
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I totally agree with all the above posters have said. DGB needs to put some hype about their coins again because it has slowly died and almost totally forgotten. And thinking that they have been in the game for 3 years now without any significant growth, I doubt that any investors would just put their money in it. Personally, I have given up on this coin long time ago. The project seems to be promising at the beginning, however, I don't see any significant updates from the dev that's why the community stop investing on them. It's really sad to see it becoming one of those coins that has stay out of the limelight already, but used to be a good prospect initially.
Yeah, it is what people call cringeworthy. If this alt was a poster in social media like 9gag, everyone would roast them so bad for these half-effort publicity stunts. What they need to do seriously is forget about silly things like new website (or, just do it and do need to make it a big deal). And start repaying the community for believing in you so much. It is not too late for that yet, they just have to wake up and smell the koffee. |
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