All your reasons are true and top of that it's not the maximum number of coins but it's limited number of coins. The limited coins bring more supply demand and which in turn makes people invest more money for single coins. That means the value increase as the demand for specific coin increases. This is why if you see any whitpaper of the ICO then you will read as " no emission will be there" which depicts the limited quantity of the coin. So that's most important economic standpoint in this regards.

Sure it will increase the market capitalisation and will bring revolution in the bitcoin industry. More market instalments means more traded volume and hence the price would increase by many folds. Due to to limited supply I believe people will just drop big cash for getting one bitcoin. This is more or less profitable for us only. Just take the example of current situation where bitcoin has rose to very high this month and this is all because new developments and attention of people in the bitcoin. Hopefully we see bright bitcoin future with more market diversions.

So that's the deadline of your investment too. Because there is no way your coin is going to pump any time soon because once project is launched it should have that much potential to bring it up. If it did not promise that one and your coin is still sitting down there then that's dead almost.


You can look out for pump groups if you know what it is. Then you can request or ask how many people have invested into that coin. If you get pretty good number then you can ask them to pump it together and have your investment backed up with it. That's going to be difficulty to manage but better if you want to get your investment back. Otherwise just take that 20% loss and move on. :-)

It depends person to person whether they like the idea of investing money into altcoins. Many people find it easy to trade with altcoins and grab as much profit as they could. Some of them even invested dollars and has gotten thousands of dollars back with short period of time. Now that makes me think why altcoin is so important. It has little risks but we can always have it and earn big money. Bitcoin will always be there too and having altcoin would be extra profits.

I think you don't what HYIP is really? There is no site which is legit and also HYIP at he same time. So these kind of sites are scam and you should not pay attention to them. For earning big profits you should choose other legit way such as trading and investing into ICO projects. You have to spend time in your investment and there is no legit high yield investment plan so stay away from them. You can always check here on this forum if the site which you are looking for is listed or not.

I dont think bitcoin will affect the economy of the country because it is limited and there is more money in the world as compared to bitcoin today. Government don't officialise it because may be it is not worth investing into it for big bodies like government. They might be seeing it's limited use in day to day life and that's why they don't want to spend money on it. That's logical becayse government has many more other options which are better than bitcoin. One more reason is bitcoin being decentralised won't be having any control of government or vice versa.

Yup I have done it many times. It is very exciting to participate in the ICO and then wait for the whole month or so to end it and come on the exchanger. The whole period goes in watching how much money is being raised by the ICO as you can easily predict from it whether it is going to be successful ico or not. I always try to buy on the angel day, which is the first day of ICO and you get 70%+ bonus for your token purchase. This is almost free stuff and you can earn big profits from it.

When we speak about the cloud mining recommendation then there is only one thing that struck the mind, its ponzi and not worth investing into it. See if you have the big investment in your hands then just go for the hardware mining and start earning the profits almost within one year of investment. For cloud Ming your investment will stop paying you once they become obsolete and you are left with a site showing your stats but not paying you. You will never wanna stand in that kind of situation. Having hardware mining stuff is having real thing around us. Hope you will read more about cloud mining and it's not worth folks.!

Pretty amazing list of the alternative coins and very good distribution amongst different categories. Never saw the coins that way up until now. Lols.


I had only two categories of coins and that's bitcoin and the other one as altcoin. This distribution explains a lot about the scripts used and also the basis of algorithm. I think using this information we can speculate the performance of coins in the market. Lots of puragatory coins and almost 30-40% of coins are dying. That's really helpful, will be watching this page. :-)

ICO is initial coin offering which is part of the process where you are offered the coins with low rates and high bonuses too. This helps in grabbing lots of profits. Anyway that's later part after the ICO is hit and all the stuff.


The platform?


Well, every ICO will have their own website with list of ether address to send the tokens to. This platform is basically information page telling you important stuff.


Exchanger -ERC20 standard wallet is used by almost every ICO that is into existence today. So my ether wallet is one if the top most wallet used for this purpose. You don't need much special knowledge about it. You can just send the ether to said address from the ERC20 supported wallet and token will be processed into your wallet. Later you can exchange your tokens once they get listed on exchanger.

You are acting like kiddo here. What's wrong with the trading of altcoins? That is the only thing which will make your bitcoin multiply if traded with proper cautions. The list which he made is completely all right, XMR, DASH, LISK all are best to trade in the current market. Just few weeks ago xmr pumped all the way upto %50 more than the initial investment. Any altcoin can be beneficial at any time, people have gotten huge pumps and worked their way through big profits.

Yeah no matter what how big the market cap is but if you think you have less investment then always buy those coins which has the potential to go up and capture the capatilism. This can be decided by the volume of trades for that particular coin in daily basis as well as how it is doing with its intended project as discussed in ICO white paper. Many people forget about the roadmap and if the developments are going on according to it then understand this, it will rise in the trade volume as well as price too.

So just sticking to iota or ripple would be useless if there are other markets too. :-) just saying,

Try some other ways to earn money as mining is no longer profitable on the cloud sites. They are Ponzi schemes who gives you greed of earning big profits with your investment which is not true in the first place. What you can do is go for investing in the trading platform. Buy some altcoins which are top 20 market cap coins and then wait and watch for them to grow. That's safest way to earn bitcoins or safer than the mining at least. :-)

I did not even looked at the site because I know mining with clouds is just dream and it's not profitable at all. Sorry folks that hurts but you need to work through other investments. Hardware mining for the instance if you are having more than enough investment. ;-)

I think you are confused with use of cryptocurrencies. They do not need identification at all to do the exchanges. The fiat when taken from your bank account will be the one who will ask for the verification process.

To do the exchanges,  buy/sell of the crypto currency you just need supported wallet and most important the exchanger platform where you will actually do the exchanges of two different coins. They will not ask you identification. Not even email ID, lols, that's the beauty of crypto world.

Pretty good source to look for the updates on bitcoin, the bitcointalk forum and notification by the theymos in the news above bar. 

This forum also varies in the terms that people are active and very keen in doing predictions.

Besides this source you can always follow the official twitter account for short and quickest notification Time to time. Besides that you will have to get the updates from news feeds or blogs which are official to bitcoin,com.

Yes that is the one god way to divide the mined coin and according to their category decision should be taken whether they should be sold immediately or wait for the longer times. Bitcoin if I'm mining it then of course I should save it for very long time and expect the price rise of double than the current one. Just imagine bitcoin mined at 4.5K USD and sold at 10K USD in next year would be dream come true.

For the altcoins I would say there is lots of risk. They have tendency to drain completely within days to months of period. They can't be trusted and after having big market cap also they can lead to distater due to unethical dumping of the coins. So better sell right away, after mining.

Sounds like there is chance of happening that. Bitcoin is also very unstable in its price plus if the fees are killing its transaction, like in the send we can't name smaller transaction then it will loose the customer base. People might just try out altcoins with less fees and easy to transact. Moreover, after taking big fees also the transaction confirmation takes about hours to couple of hours which is ain't good thing for dignity of bitcoin. There has to be major changes in the way bitcoin is getting transacted otherwise in the near future it might just start the down fall. This we don't want to happen as many investments are being dependent on bitcoin rather than altcoins.

I use Livecoin and HitBtc for exchanging my altcoins. These two works for me good because whatever coin I trade are available on these exchangers. So if you want to choose the exchanger then look for the coins first which you want to exchange, are available or not. The easy way to check this all is via coinmarketcap website where they list every exchanger and the related coins under it.

I buy bitcoins from the coinbase which is my favourite wallet but not the favourite exchange by the way. I will start taking profits from this step only by grabbing the bitcoin at lowest possible prices. Then I go to livecoin and transfer funds over there. If I want to buy altcoins then I will buy ether first from the MEW and will transfer that, if I want to trade against the ether. Whichever is beneficial. Rest I follow the sane strategy for day trading that is swing type trades. Once I get the profits I never store my altcoins I immediately convert them back to btc and back to my wallet. No this does not eat your profit at all. That's his everything works for me.

That's good thing to know. That would be interesting to see if something like that emerges or not. But a mobile number implementation means verification of your documents to confirm that number belongs to you. On top of that, you will loose very important feature of bitcoin that is, anonymity of transaction. As you will be verifying yourself you are no longer anonymous. So theoretically it is possible but practical use seems to be dangerous to me.