I would suggest that you check these coins/tokens: Theta and UBEX tokens. They both solve real world problems in innovative ways and both are relatively new (with no previous bulls/pumps) so their potential is really high. https://www.thetatoken.org/ https://www.ubex.com/ |
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To be honest, I would stay as far away from Bithumb as possible. Too many security breaches (at least two successful hacks) and more than USD$31 Million stolen by hackers (that's the disclosed number; who knows how much hackers had stolen in 2017). That's not an ideal platform to put your money on to, in my humble opinion.
I would add Bittrex as well—trading for two years on that exchange, and never had an issue, it is one of the top.
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Firstly, your topic is in the wrong section, please, move your topic (Far bottom left of your thread when you click edit) to Scam Accusations board. Secondly, you need to provide information/proof to sustain what you are saying, otherwise this will be ranting. |
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Over confidence is never good in anything, not just trading. Cryptocurrencies market is not as easily predictable as other markets—no matter how bold you are, you will get flipped in fast fluctuations. Being confident, patient and calm is great for trading in general. Panicking and fear trading is the fastest way to lose your money.
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I really don't understand why most countries jump on the taxes bandwagon when they don't even recognise cryptocurrencies in general. Is it about wanting a slice of that cake, or are they just doing their best to strangle their citizens even more?
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Do you think the currency part of crypto currency is actually failing? Thoughts?
It fails and i would not consider crypto as a currency again because the volatility of crypto has been preventing it to be used as a currency and then it would never become an alternative way to replace the fiat or real currency because the volatility. So many merchants are rejecting or even ignoring to use crypto. The matter whether it fails or not returns to you as an individual, not Bitcoin. You can pretty much use your Bitcoin as a means of payment right now (not as widely as one would like, but still). Remember, Bitcoin is decentralised—it has no authority to control or promote it. It is about adoption rate, and how likely merchants and businesses are willing to accept it. Bitcoin is still young, give another 10 years, then judge whether it failed or not. |
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Ripple is a centralized shitcoin designed by the bankers to infiltrate the crypto space. I'm not a fan of it ans will never be. I don't care the gains gotten from it either. People have grown very strongly in the last 24 hours. I still don't understand who bought 90 cents. After all, it was obvious that he would go to the correction after such a growth People are always going to buy the top expecting it to continue flying, remember its ATH is about $3 if my memory serves me right. Don't forget people bought BTC at $20k thinking it was going to continue to rise in price. Good Lord, I thought we'd killed that misinformation. So are you blindly repeating what somebody (who you incorrectly regarded as trustworthy) told you? The truth is easily available for you - and others interested in actual facts instead of slogans - to access: https://fudbingo.com/XRP fanboys in strong full pushing force these days. The very first 'FUD' which the site you linked tries to debunk is XRP's centralisation. The argument was lame (as usual) citing that it is based on a 'distributed' open ledger; BAM decentralised. However, it doesn't state that Ripple Labs (XRP creators) owns both the Ripple network (which XRP depends on) and 60+% of all XRP, besides they are working hand–in–hand with banks to implement Ripple network to improve their financial infrastructure—in other words, it is a project aimed directly against what cryptocurrencies are trying to achieve. |
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For there to be the kind of influence, USDT has to have to same or more popularity as BTC. As it stands for my view, fewer people know USDT. It is natural that the researchers concluded that there is no influence.
How is it that fewer people know Tether while most of BTC|XBT/USDT traders always move their funds to USDT to avoid losing capital when the market is plummeting, especially that USDT is stable to mirror USD 1:1. Also, almost all top exchanges had BTC/USDT pair only for trading before moving to the implementation of USD market (even after that, BTC/USDT has more volume than BTC/USD on those exchanges, take Bittrex for example). Unless we are talking about average Joes/Jills here, I don't think Tether is any less known than Bitcoin among crypto members. |
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I will place a long bet on ethereum than ripple, ethereum still has a long way to go there's more room for it to grow more than its previous all time high, as for ripple I don't see it growing up to $5 yet
That might be true, however, XRP (Ripple is the network) is centralised, so its growth is already a matter of when—not if—as banks are getting behind its network for their financial infrastructure. At the end of the day, ETH is still a cryptocurrency, it will grow if it stays practical and useful. |
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On another side, governments are also "killing" entrepreneurship with high taxes. I know many small and very small companies dying because if the taxes. I also know people who have the idea, the market, the demand and everything needed to start but can't because once the taxes are paid the entrepreneur will be with a negative balance.
Me too, I am not saying it's up to the government to create a job for every citizen. If you have no job because you have no degree/diploma you're the only one to blame. We all have the same chance, the same school, the same teacher and the same pen to write. But governments shall help the economy by facilitating the entrepreneurship and it can be done by making things easier and cheaper
I absolutely agree with this. For example, where I live, the government is not only raising taxes on small businesses, but also services like electricity, land/place ownership, raw materials, etc. What makes things worse is that it is treating small businesses like big corporate, no difference, which crushes start–ups for good, and makes everyone with a good idea to start a business afraid, that in turn helps big companies to stay profitable and dominant. |
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Manager Bounty Yahoo62278 had a chance to propose to theymos. 'To hold the signature bounty, but it was rejected.
now I understand why he proposed such a thing. I think so too. Social media is more effective in disseminating ICO news / information to the public.
I think content creation and YouTube videos are the most effective ways out of all the others in bounties (alongside ICO Review sites—which have actually become investors go–to sites to check new promising ICOs—and advertisement on important crypto sites like CoinMarketCap). Social Media is not any better than signature campaigns. |
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I agree with the first two, but respectfully disagree with the third. Staring at charts all day is surely not so good for your eyes or your brain, however, it might teach you patterns of the crypto market movements and trading strategies that you can apply according to the market situation. This is the essence of Technical Analysis—trying to predict the market's next movement by looking at and studying past data. Learning this will help you avoid the first two as well.
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I have seen quite a few images posted recently by Hero and Legendary members which weren't being shown. Heck, I just saw a thread where the OP, a Hero member, posted an image, and a Legendary member replied with a picture as well, both weren't shown. Test:  |
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Although Bitcoin could really be the answer (to an extent, at the very least) to underdeveloped and developing countries with terrible economies, unfortunately, these countries are behind in every aspect there is whether it be technology, infrastructure, services, or even human rights. I don't think their disastrous regimes are going to side with cryptocurrencies easily. The only country, I know of, that made Bitcoin a legal tender to solve its inflation problems is (as should be expected giving their open–minded mentality for technology, in general) Japan.
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No I don't think any altcoin is worth investing into. There is a lot of scam coins and shitcoins that are beyond risky to put money into. You've got the overly inflated POS coins where if you get in to late you're basically screwed because it's more than likely to drop below 1 sat. You've got shitcoins that end up abandoned by their developers which then they either die out due to being removed from exchanges. That's just a few things.
When it comes to altcoins, you're best researching and looking how long it's been around, how many exchanges it's on, whether the developers are active and involved, it's volume, it's liquidity many other things to consider as well. For an example, dogecoin is an excellent altcoin. You never know where it's going. It's either sometimes between 20-100 satoshis, so basically whenever it's below 40 sats it's probably a good time to get in.
This might be true, however, best trading opportunities lie within shitcoins. You won't be able to flip top 20 coins/tokens for 100+% profit, but with certain shitcoins, you very much can. It depends on your trading expertise and the market situation. You will be stung by some, no denying there, but the profits you will make are worth it. As for the OP, I won't direct you to a specific X coin or Y token. Just start with safe, top coins/tokens. Buy when they dip, sell when they rise—pretty safe approach, but it will get you on track. |
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These are very good points about the subject matter. I don't want to seem pedantic, there were indeed quite a lot of Ponzi Scheme based on Ethereum netowrk, however, BitConnect was not created based on it, and it wasn't an ERC20 token (if that's what you were referring to); it was created on Scrypt Algorithm and had its own network.
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I was deposit BTC buy 100 BCD then after 10 minutes I received email from them that I was requested payeer withdrawal even if I'm not! Another 10 minutes later, I was attempted to log in on my account then suddenly 2FA code pop-up. The only security I was added to my account was my email. Until now I can't access my account. I created many tickets regarding my concerns but no email received from them.
Do not invest your money at c-cex.com it's a SCAM!
Sounds like it was a phishing attempt, did you go to the correct site? Did you type it in or find a link? Was it googled? Did you 100% type the right address (check the URL in your browser history) This exchange has been stealing people's money for a long time. Their Twitter account and chat room are filled with complaints about accounts with empty balances, unauthorised transactions, vanished deposits, restricted withdrawals, you name it. They have stolen 2.14BTC (worth $8,200 at the time) from me in 2017, turned my support messages to theirs, spammed my email with nonsense, then closed my account. |
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I am interested to know what ' recent news' have been shown to justify this sudden rise in price. Out of nowhere, XRP jumped from $250 Million daily trading volume to $4 Billion in just 4 days. I haven't seen any 'coincident' positive news from media outlets till now, except this. Seems like a pump&dump to me. |
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I recently have problem with buyback. Before, I think aiming for higher profit is the best, but when I don't sell it, the price is bouncing and it go down again. So I think another way to gain profit by buying back when the price bouncing.
What do you think? And what do you prefer, buyback or hold?
I might be wrong, but with this kind of mentality, I think you are gambling not trading. In order to know when to buy/sell, you need Technical Analysis on your side; most importantly 'charts reading.' If you are going by "Price is bouncing after a dump, so I will buy when it dumps again, and then sell when price bounce again" mentality, you will burn your money in no time. And for God's sake, if you are trading (and don't have any plan for long–term), DO NOT hold—it is a bad idea as your emotions will kick harder than it normally does, and you will make stupid decisions. Also, use stop–loss orders; they can save your life—don't delay cutting your losses. |
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