Did you ever take a look at daily trading volumes for Bitcoin? Notice how there has been no break? Unlike forex or any other market there simply is no holiday for Bitcoin. In fact, some of the biggest price moves takes place on Sunday. Even last Christmas we saw good price movement (within small range) even if the volume saw also a small drop off.
ICO wise, a lot of holiday offers and bonuses. But watch out, also scams!
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Just to say, am not a GameCredits/MobileGo supporter. Do not even hold a single coin. But I just read the article and yes, it has one or two valid points to raise concerns (how bidder is the same for 3 projects for example) but this does not mean the coin is a scam. Also, it sounded like a rant from a guy who was not happy with how his plan to make x100 did not go well.
Do read the full Steemit comments too. Stronger arguments against the story.
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Interesting thread! I have added it to my list of threads to follow. I am wondering though. Other than commentary, do you always post buy or sell entry points? I would have liked to know what to do this week in this flat market since it is only Wednesday. Should I just sit on my alts patiently? All out of Bitcoin to spend.
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I am very bullish on almost all decentralized exchange ideas at the moment. That's the big void awaiting. Just the tech and liquidity issue. I think it should be by next year. I hope Cobinhood would be next big thing to replace the current way of trading. But, the competition is really heating up. You should know about it, There are no less than 50 projects surrounding this segment. But good luck, the market should big enough for dozen of them. BTW, your slack group is filled with 'myetherwalletm' scammers. I had been bombed with countless of messages. Oh yes. I no longer join Slack groups. Get so much spam from all my groups, and some extra spam even when I leave those groups. But back to the point, I also want more competition. The more the better the services from everyone. I suppose this means a lot will die but it is better than being forced to stick to a few really bad services. Look at polo and bittrex for example. Forced to use them even though they do not have good service.
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I would be extremely careful if I were you guys. There is no happy ending to pumping groups. A few big guys make the bucks and a lot of unhappy people holding big bags of empty. x10 is just madness... x1000 is just madness multiplied by insanity.
Want to prove you are legit? Post daily here the buy price and we see in 20 days what price it becomes. It won't be x100, I guarantee.
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As far as I know, all ICOs with buyback schemes do not have binding schemes. Investors just have to take their word for it. I can imagine that smart contracts can even be made to ensure buyback agreements are in place, but I do not know how to implement this. Another form of buy back is having sell walls on certain exchanges, but this does not really help holders.
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I think we are unable to provide good criticism with a lot of missing context! What is the proportion of your portfolio (both percentage and value)? What was your capital start point (when was your date of entry and how much).
It makes a big difference to me because there are alts like OMG there which, to me, have already hit their high and must go down for a period of time.
If we knew your time limits, and period of hold (short? long?), this would affect points.
For long term, that portfolio should be trimmed to three max. BTC of course. LTC I agree. And ETH.
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Oh well! Just as I was getting interested in reading the thread (referred here from the Auction thread) I now realize the 30% bonus is now over. Not that I think the project is a bad one (I like it very much) but I can't afford to get into any more alts without the early bird bonus.
Looks like I will consider joining that new forum and earning.
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Actually I do like these type of coins. Just around 1 cents now. But I do not want to make the mistake of getting a lot of them and then seeing them lose even half a cent to kill my holdings. Coins like DGB just sleep around for years and you wonder about why things like this recent news has not done anything.
For me? Best entry price just below $0.01 or 290 satoshi. Anyone else agree?
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Even if it is unclear at the moment, the final answer will probably be "no" for most countries. It is only up to the point you cash out to fiat that you will be exposed to tax. Or, even if your bitcoins are taxed, states will soon draw up anti double taxation laws to make it fair and prevent evasion. Australia, for example, is the latest to pass this law. So you're taxed once, and that is it.
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NVO.io looks to have queitly disappeared from the forum sphere, but their development is very active. The coin is NVST and is trading at 40% below ICO price. Very good to buy right now since their decentralized exchange should be launching before end of the year.
I believe from my readings that their funds are all held by escrowers from this forum, too. So basically, they have to deliver or they don't get more funds!
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That kind of thing rarely has a lasting effect on price. Only need to look at Bitcoin and ETH and their numerous "lawsuits". However, this particular case does look a bit different as Ripple is a very different monster. If bad news comes out of this lawsuit, any dip = good buy opportunity. I am still out on XRP, too. I might take some if it suddenly crashes. But am all out of crypto for the next few weeks.
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If you are curious to see what it looks like, you can go to the Bitcoin>Services section and check out some threads there. People are offering signature design services. Some charge a fee and there is at least one who will do a demo or trial for free. I guess if you like it you can order for more. But yes, sometimes common here is also contests, but be prepared to offer a reasonable set of prizes or you attract low quality designs.
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The most natural way is to just work on your altcoin through project development. Some exchanges actually decide to add alts on their own when they see that a lot of users demand it or that the alt is very good. This takes years and probably a lot of networking.
The other way is to contact exchanges. They will ask for a fee most of the time, but if popular enough they might add it on their own. Some sites used to have free voting system but most now require paid listings. Tradesatoshi and Novaexchange are two you can look at. Yobit is even easier, but directly paid.
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i wonder if there are any other ICO out there coming up with making trading ICO into a centralised one.. i would definitely invest in that
I never heard yet an exchange making trading ICO into a centralized one. Most of the exchange now was still in decentralized concept though they're some exchange that already centralized were some of the traders are avoiding it, due it has a restriction of course to the platform. There are no exchanges that I know of doing this either. But there are definitely more and more websites and services targeted at marketing ICOs. I have seen in project development a few ideas of ICOs that want to help people to make decisions about ICOs. Sort of like a decentralized way of "community regulation" to collect and compile ICOs. Maybe that is the way to start it for now.
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No it wasn't delayed. It is on schedule, there was never a hard date for it but october is still the timeline. First phase Byzantium in progress.
Has it been decided that they will all follow Vitalik's map for hardforking? I think I read that there were other people working on different hardfork versions. If I recall, it was even a developer that Vitalik hired a few years back to help but some time last year he disagreed about the current hardfork method. What will the time be to introduce that alternative?
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Whistle-blower reporting is a very good step. But whistle-blowing usually technically is from within the organisation, so it means from the ICO company or project right? You should not work on a system itself, but provide education and means for them to speak out. But this is not going to happen much I can tell you now. Most rigged ICOs are closely knit
A better system is to get people to help build basic due diligence kit.
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Whoa. After all the bashing of Bitcoin exchanges, I think Bittrex just hit the big one here. I wonder how they are going to handle all that extra customers. Their own exchange support service has been slowing down almost to levels of Poloniex. Good news all around of course. Maybe they will also support Tether on messaging. Has anyone tried this service out yet?
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Personally, I have to agree with most of the posters here who say you should not waste your time on faucets. You stand to gain a lot more cheap tokens and alts from doing work on this forum and earning from bounties. However, I will add that being listed on a number of faucets does add to the alt's credibility and distribution.
I only entered crypto very late this year but last year I remember collecting Dogecoins for fun. They used to give 10 to 100 of them easily and I could collect a few thousand a day. If I had changed them when they were 120 satoshi a few months back, I would have had almost 0.1 BTC now. So I get your strategy.
My choice of faucets with a lot of coins: cryptoguru.
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Thanks for words. I don't I will daytrade, I am just gonna lose my money + I'd like to invest and wait. Probably less profit but less nerve wrecking too.
Sounds like quite the calm and collected decision from a beginner, well done Tell you what, if you are like me with only precious few Bitcoins and ETH to trade or invest in ICOs, just take your time to do research and make decisions to get in on relatively cheap coins with a view to hold them at least until 2018. I have found myself extremely relaxed after stopping my bad habit of checking trades and prices. Also, I stopped looking at ICOs. If I find one I like good, but I no longer hunt.
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