80% of ico's are scam
The art is to distinguish the scams from the serious ones. Then you profit. You should never invest blindly in ICOs. I have seen a video on Youtube with an economist. He explained ICO and expressed his opinion. He stated that 95% of current ICOs is a scam. However, as I got the idea, that won't be that way forever. The reason that this is what happens now is that people invest in coins without taking much consideration and plus the idea is quite new on the market, so it will need some time for garbage to die. |
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I invested coins below. I lost more than 30 BTC.
I started 160 BTC but now i just less than 140 BTC
ANS - 80 BTC
NMR - 30 BTC
LSK - 15 BTC
BNT - 3 BTC
ZEC - 3 BTC
MCO - 3 BTC
BTS - 3 BTC
How do you think about this portfolio? i need to sell these coins with a loss?
I`m very worried about segwit on 1, August.
Please give me your opinion.
As now all of the prices are mostly down, I suggest to wait for a few days to make a decision. I suggest to sell ANS in about 3 days from now, but perhaps have 10% of it just in case. NMR seems to be too worthless, so I suggest to sell all of it in a few days (when the price gets at least a bit green). You may sell 50% of lisk as well. BNT doesn't look promissing to me, so sell all of it. ZEC will not go high because of this stupid genius tax, so I suggest to sell 70%. Monaco is now having its best time - sell right now! BitShares at least have some big idea behind them, so perhaps you can keep this one. Good luck! |
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I think nowadays initial coin offering is mostly a way by which creators of coin may do nothing special and make lots of people lose their money. That's why I don't think there is any coin is this list worth mentioning. I think people know icos are scam but sometimes they just want to become one of those who make others lose the money, be one of those who'll dump it. Well I don't think that such an attitude can lead to something good. Don't invest in ICOs. If you want to invest - invest in trusted coins.
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It's never too late. People are expecting the crytocurrency market to hit 1 trillion dollars in a few years.
Yes true, even a year ago when prices were around $700 everyone says late buys bitcoin, now the prices look stable on $2500 and we still have the opportunity to earn profit 5 years again. I wouldn't buy btc now, because its big hit was a long time ago and now the price is really big. Add to this information the fact that bitcoin has big problems. I remember about a year ago there were tons of threads about bitcoin as the future money of daily life. People were speculating about the possibilities of paying in btc in supermarkets and other stuff like that. Now there aren't such threads, because it is clear bitcoin can't become a part of everyday life, it can't replace fiat. So why not to invest in altcoins that still have such a chance? |
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I know that people give out loans but what's up with people no returning what they borrowed?? I want to know this because I might give out loans myself and I want to know what to watch out for... I have ~800 BTC at the moment and would it be a bad idea to start loaning? I bought my BTC back in 2010 mid August January(when it was about $0.07 per BTC) and I noticed the price went up a ton! Also what would be some other way to grow my BTC? Any ideas on what I should do? Something I should have added my friend was doing something you guys call "mining" I am very knew to the bitcoin world even though I have had them for a long time. I bought these bitcoin from him because he needed to sell them, my financial advisor has told me that the longer I wait the more return I would get so I told him hold the account for 5 years and ill see where I am... So last July I had gotten my account back, did a bunch of research then found you guys. So I came here to post a few posts and for everyone skeptical this is the proof https://gyazo.com/ee99cef712e9b72f03a3e8e870c33624 Yes, Loans too risky? because you have no risk no gain. wherever loans created huge risk for you. Why anyone needs to worry about such a thing as a loan not returned. For example, loans on this forum are given by trusted members to high-ranked members. Thus, if, say, a Senior Member doesn't return the loan on time, he gets negative trust and his life on this forum is over. The same holds for a trusted member. Plus, one shouldn't loan the sum which is quite big for this person to lose it. 800 btc is a really big sum. I would suggest the OP just to buy some estate instead of loaning, though. |
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I don't consider bitcoin to be digital gold, because the growth percentage of gold and bitcoin vary in a large scale. Other than that bitcoin has got various forms, whereas gold has got two forms as an investment and as a ornament.
We can say that bitcoin has similarities with gold. For example, as gold used to be the best guarantee of money, bitcoin is like a guarantee of cryptocurrencies. Another thing is that btc doesn't suffer from inflation and the same holds for gold. As for dollar, we may speak only of the past when dollar was backed up by gold. Analogically, if btc is gold than litecoin would be the dollar, because it operated on the same platform. |
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I don't think now is the massacre of alts. Yes, most has been in small minus lately but nothing big happened. The coins haven't dropped their prices much. I think now is still the pump period and who knows when we'll see the real death of most of rubbish. Moreover, some coins (doge, gbyte) are even growing now, so I guess it is definitely not the bad time for everyone.
People in this thread have been talking about people losing money for their bad investments and that they learn a lesson from it. I think there's nothing bad in short-term investments, it's just business after all.
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I think that the best coins are ltc, eth and btc but they all already has their big pump in the price. Litecoin might still be good if you consider a long-term investment as you said you are. Dogecoin is worthless now but it is actually used by people, so I guess it has big chances nowadays. I would also add Waves to the list. I have watched a video about the coin and it had its pump but could pump more, I guess. It is made to allow people create tokens for anything they'd like to represent by coins. I think this idea might caught interest although it hasn't caught a lot of it yet.
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I guess the logic on why does people create new altcoin is their looking to make money by scamming people into launching their ICQ for more people to attracted into buying it that is also is looking to make profit into buying their coin and when they have collected millions amounts of money they just vanished from thin air or they want to create an altcoin that would potentially be one of the top ten crypto currency in the market like ETH, DASH. So i suggest dont just buy any altcoin you should do some research first.
I don't think people really want to dump others from the very beginning. I think they just want to become rich doing some business. As for new coins, I guess they mostly aren't very new but rather clones of the code written by genius people. Nevertheless, new ideas appear and get realization in the new coins along with some problems of the old ones solved. Some day a currency that used to be nothing will make someone very rich. |
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The OP was talking about bitcoin solving its problems. But how it is possible? If btc gets segwit implemented the transactions will proceed even slower! As for the price... I guess it reduced in btc every time halving occurs but the price of bitcoin in USD is growing faster, so the problem stays. Right now most of alts aren't used and are just kept for better times, it's true. However, ltc, eth and dogecoin are used, so it's not that easy. I believe altcoins have future, because there can't be some one dominant thing in our world.
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You should read up this to learn about difference between PoW and PoS (proof of stake) and how it should affect Ethereum. We still have to wait until end of year to see how it will exactly look like, but basically, you still "mine" or mint new ETH, but only with staking your owned ETH. https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQI have watched a video of an eth miner on youtube and he explained the PoS in a way that there will be no mining, actually. Because mining is about spending energy and getting rewarded for that. One proves that he has done some work. Proof of stake, on the other hand, is rather about holding eth, doing nothing except being a part of the system and confirmation of other eth being valid. I guess new coins will appear and be given to those who own a lot of ethereum. |
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I think why Litecoin is still rising because many people buy litecoin for the future purposes. I think this is the right time to buy litecoin because for sure in the next few months it will increase more and for sure the price for sure will be 100 dollars and I uope it will happen so we can make a lot of profit. More litecoin more money to come. Hold your litecoin dont sell it. Litecoin is very promising coin.
I agree with this. As bitcoin becomes harder to use, people wait to switch to litecoin instead. Others just invest, because they hope the price will grow and they will be able to gain some money from it. Segwit and Lee are also good reasons behind the rise. I think ltc is a good one. However, it lacks exchangers. I mean there aren't many websites to exchange it with some fiat. |
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I don't think it is a bubble because a lot of valuable projects backed by ethereum so it deserves its price now.
If there is a lot of promising projects that does not mean that ETH is not in a bubble right now ,the reason for the bubble is simply because there are more investments coming into these projects and if these projects does not fulfill their target,everything will go down. I think now is the time we can't define what a bubble is, because that related to old economy where there were some worthless papers which were pretended to cost something and eventually crushed. Cryptocurrencies are sort of a new way to see the problem. They aren't bubbles, because from the very beginning they are not pretended to cost something real and being its representation. Any coin might blow or go up and if there are some projects supporting the coin, it is less likely to blow but we never know for sure. |
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Any time is the best time to invest in bitcoins and now price has dropped so I think this would be the perfect time to buy bitcoins at cheaper price as will surely go higher in future which can give you best profits.
I think that the best time is far behind us. How do you expect bitcoin to grow? From $2500 to $3k? That is not a big change and plus even this might not happen. Now is definitely the time to invest in altcoins. There are plenty of them and they grow in price enormously. We have missed our chance to buy bitcoin for a couple of dollars but perhaps there are coin worth something like that now which will become a lot more expensive in the future. |
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A big NO, there is no way that you will be get an instant rich when you buy bitcoin, it takes time of course there is no overnight success here unless you gamble a big amount of it but it is not 100%
The value of bitcoin now is not happen in an instant though so the same will happen to you if you started investing using bitcoin.
The question you must ask is 'Bitcoin is the way to get potential rich?' Then my answer is absolutely yes!
It will just depend on how you hassle.
I would say bitcoin used to be such a way to get rich. Not anymore. Come on guys, it is already too expensive, I don't think it will grow a lot more in price. And even during the past btc wasn't a way to get instantly rich. For now it is rather a chance to earn some money which may save the poor and not more than that. I think now is not the time of bitcoin. And there won't ever be its time again, for its popularity and dominance will only decrease slowly as new coin solve some technical problems. |
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If you have a lot of coins (more than BTC100), then I believe that there is no harm in spending a few of them. May be you should spend 10% or 20% and enjoy yourself by taking vacations to Maldives or Bali. Also, you can convert a part of the BTC holdings in to fiat and diversify your portfolio by investing in equities, real estate or bullion.
I think one should spend the money even while having around 3 btc if a person doesn't have any particular sum needed to buy something specific and has just been saving money for some time while not being rich at all. If there is money but a person has no plans how to spend it, the money doesn't make any sense. It is just some numbers on the screen that will never become a part of something real. |
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too difficult to control ourself from greediness
but if we want it we can control with leave it if we feel the profit is enough
i know its difficult but better to try it first
Problem is that many gamblers simply don't feel when it's right time to leave, they think and they hope that they will in with their last bet so usually they lose everything this way. It is better to limit your deposits rather than try to stop when you're gambling, s i am sure that you wouldn't stop then, while if you limit your deposits you wont lose more than you deposited. Noboby is ready to accept loss and that's why they never leave even when a linit is set and keeping gambling to the last dollar and its definitely difficult to leave when you have lost some money unless you playing for fun and do not mind losing a few dollars I think a person who feels greedy and for whom it is hard to accept that money can be lost, it is best not to try gambling or immediately quit gambling. This sphere is for responsible people who can set the limit on time and money they can spend and really not go beyond this limit no matter what happens. I guess people feel greedy both when they win and lose. When they win they want to get more money and when they lose they also want to win. Gambling is a dangerous sphere for everyone. |
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Over 260,000 stores in Japan will begin accepting Bitcoin as legal tender this summer, and big banks like Santander have announced plans to develop their own version.
The ideas of using cryptocurrencies for charity seems good but I don't understand the line above on Japanese stores. Aren't the stores supposed to receive the money transfer confirmation? What to do with btc long confirmations in a store? Take the risk? As for Chinas own cryptocurrency - I guess it is an attempt to take cryptos under control in that region and, as it is impossible to control bitcoin, the government wants to overcome it. |
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Why bother hodling when you can reach a safe 2-3x in 2 minutes?
Join our telegram pump group, and help us become the biggest Bittrex pump team!
This sound too good to be true, 2-3x in 2 minutes? I don't think any made up pump can last for more than a minute and if we wait for 2 minutes we might actually lost all we have. I have tried once and lost half of my bitcoin  Yes, I think it is better not to take part in promoting shitty coins because you may end up in their own shit as well (sorry for rude words). Why not to try investing in good and used coins and see if there is any luck there? At least, such a coin is not likely to be dumped and so investors at least have chances not to lose their money. |
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It seems faster and fairer.  When Bitcoin ultimately rejects SegWit and it's exposed as garbage code. Litecoin will take the "Mother of all Hits." If bitcoin does reject it. I haven't seen any big news telling that. Only themerkle.com made an article and there it's written that Segwit is expected to be 80% activated with bitcoin by this September and that miners don't support it not because of some technical reasons but because of roadmap of bitcoin core. Thus I guess btc still has chances to survive. Nevertheless, litecoin has very good chances to grow more and more in price anyway. |
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