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1  Economy / Trading Discussion / Re: Who reads the whitepaper of a crypto-project? on: December 25, 2018, 11:01:21 AM
Just curious if you guys read the whitepapers of the projects you want to invest in at some point?

I'm a fan (hence my site), but I always wonder what kind of research people do on coins before throwing money at it.

John
www.allcryptowhitepapers.com


This is a nice idea mate! I also suggest that you can summarize all the technicals in a certain whitepaper as well as if you can have like a verdict if a certain whitepaper is a lousy one or can hit a home run.

That would be awesome, but I'm busy enough as it is with adding & updating whitepapers  Smiley. Pretty difficult as well since you have to be really tech savvy to get to the core of the tech and make a solid assessment of how they're going to solve a problem...I think other people will be better in that  Grin. Definitely love the suggestion though, would've been a good addition to the site.

Any serious investor would find it a sound idea to run through a project's whitepaper. Though even a seemingly well constructed one can end up just that. It should be a part of any investor's reseach but not solely depending on it.
The real investors actually go to read these whitepapers to find out that in which type of project they are investing but there are a lot of people who do not know to read these whitepaper they only depends on the signals from their leaders to invest in these they often face loses.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Do start to trade on: December 01, 2018, 09:52:49 AM
You can start trade with bitcoin and altcoin at lower price, you can take moment by using trade short term way where you sell as soon you can get profit, never hold your asset more than one or two weeks because make it will drop.
Trading now for someone who is just coming into the market newly is not something I would encourage, most especially if the person does not have an experience of trading. If it is for long term, there is no doubt this is a good time for long term trading opportunities, but for those looking for a short term opportunity, trading the market generally requires good level of understanding of the market generally, knowledge of how to trade effectively and a whole lot more. Anything outside this, you will be playing with the tip of the fire as you can easily get burned, most especially with the volatility of the market.
3  Economy / Economics / Re: Fire in the market: Bitcoin is below $4000 on: December 01, 2018, 08:11:06 AM
For holders out there, looks like you going to hold further more. For others, time to buy or wait a little more there might be another lowest price this year. It seems the bottom hasn't reach yet. I think bigtime investors are continually increasing their coins by buying at a discount.
Even holders can still have a chance to be buying into the market now to be able to take advantage of the low prices as well and for those who bought at the peak and still holding, that would practically be like one of the best things to be doing right now, considering the fact that the market is giving an opportunity again, to at least be taking good chance on the future.

Opportunities like this tend to come only in few years, and it takes being smart to be able to take advantage of it. Those who are familiar with the way things are with market will always know better in most cases.
4  Economy / Speculation / Re: Will Bitcoin hit a trillion dollar marketcap in the future? on: November 22, 2018, 11:47:53 AM
Bitcoin has been on a constant decline in value ever since 2018 started. Most say it has been a result of government regulations, others say that whales are manipulating the market, and some say that it's the result of FUD within the cryptocurrency markets. However, given that Bitcoin was designed to be scarce or limited in supply, it could become much more valuable in the future.

Nevertheless, do you think Bitcoin will hit a trillion-dollar marketcap in the future? How far do you think this is from becoming a reality? I would like to know your thoughts about this. Smiley
As of this moment my answer is totally not,this will never hit in this market movement,sitting at $150 billion we are too far from a trillion bucks dude
Though i am pretty sure that this is not impossible for this great community to expect this to happen,but not today and not for a near future im sure
For getting a billion dollar rocket cap, bitcoin has to be promoted throughout the world. There is big potential in taking this thing up but for that we have to sacrifice so much for bitcoin.
5  Economy / Speculation / Re: Speculating the market? on: November 20, 2018, 10:13:53 AM
The market gives two choices up and down, and because people lose because they don't have the patience to hold on when the market falls.
Sometimes holding is also hurting more more than panic selling just imagine about people sold their coins at January 2018 because of panic selling are more profitable than who is holding now so speculation is about buying and selling at the right time sometimes it is just based on luck too.
One thing everyone cannot do is to sell, that is one basic thing with the market, as some people are selling, some people are coming newly into the market, and thinking of holding, and that is basically how it will keep going until we get to hit the level of mainstream adoption.

I know it can be a bit difficult to see what you are holding tank down seriously and then you are assuming if the market will even have any chance in the nearest future or the possibility of even growing in the long run, but you should remember always that at least, if you cannot trade, you should be looking at holding and focusing your attention on the future.
6  Economy / Trading Discussion / Re: Treat trading as your job on: November 16, 2018, 07:06:33 AM
treating trading as work can be done by professional traders because they already understand the whole of the trading and it can be one of the best ways to get profit.
I usually don’t use to believe that people can make a living from day trading, but after reading some stories of people who were able to do that, I now believe that it is possible. But I don’t do that, I rather have two jobs than rely only on one. It’s good to have a stable job, since trading is quite unstable. And nothing wrong with making extra income.
7  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: 333 ETH? a ponzi scheme? on: October 22, 2018, 10:25:29 AM
Hyф its a ponzi and sacm platform, but you can earn if you perticipating from very beginnig. The main - to exit this in time....
I really thank you that you share your experience with such a Ponzi scheme with people. Very few people in such Ponzi schemes in early days and when people realize these scammers took all their money. In my opinion to avoid such Ponzi schemes never invest in new unauthentic projects an always choose reliable coins for your investments.
8  Economy / Speculation / Re: Do you trust chart analysts? on: October 20, 2018, 12:22:02 PM
I will not fully believe the opinions of those analysts, but I will use these analyses as one of the factors in my reference to market trends. In the end, I will still rely on my own judgment!
Don't depend to anyone just use their analysis as your guide but never rely on that one alone. Its good that you know how to read charts on your own and you can prove that they are wrong or they just really want to hype you on that specific coin. Chart analysis is very reliable, learn how to done it well.
I also do not believe in these charts because these charts based on predictions and in my point of view predictions about bitcoin price is almost 100% wrong. We can observe the previous year’s predictions about 2018 and saw the price in this year. After that I dint believe in any prediction. I analyze the market by myself and take decision about my holdings.
9  Economy / Trading Discussion / Re: Increased Number of Scammers on: October 20, 2018, 08:05:03 AM
Yep. Since the cryptocurrency is making its name in the world. Of course it is natural that many scammers will be gone scamming people. It's pretty natural.
This is another way to earn money for those who are expert in coding and decoding. They are capable of spotting bugs in the websites that has the wallets of those who have invested in crypto currencies. This might be any virtual trading site that holds the important information.

This can even be your bank account information and can get hacked which enables the hackers to control your accounts and could be used for many purposes. However all the companies keep it their first priority to strengthen their system and make a secure ecosystem for the users.
Yeah it is the responsibility of the company to strengthen the security system because it is matter of money and if someone is scammed or his account has been hacked, he would be destroyed and will lose his heard earn money in seconds. Bank accounts are more trustable than crypto wallets because bank is responsible for any lose but n crypto nobody takes responsibility.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you afraid when the market is slowly going down? (Crypto Crash) on: October 19, 2018, 12:41:43 PM
In my opinion for the trader a favorable situation when the market falls and rises, the fluctuations of the coin trader earns. I think you need to improve your trading skills and stop being afraid.
Yes, when you are better at investing, the fluctuations of the market will not affect much of your investment. So investing in your skills is essential to being able to succeed in any market.
Have a backup plan for bad situations that may occur during this time.
That is just the thing, and knowledge is something a lot of people should be trying to gain about the market and how to take advantage of every fluctuation, rather than trying to complain.

People want to invest but they do not want to know all the perks of investing and how to go about it and because of that, they tend to make mistakes by joining FOMO and chickening out when it comes to FUD in the market with the possibility of always selling at loss most of the time.

This is a market and we will always have these situations, not getting greedy and having some basic trading knowledge even if it is long term is what matters the most which a whole lot of people keep failing to understand.
11  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: BOUNTY CAMPAIGN ?? on: October 18, 2018, 08:33:48 AM
I want to ask as a newcomer and still a beginner. What do you think about campaigns, but spreadsheets never change or don't update? Please share your experience and suggestions. Thank's.

I already blacklisted in my hunters list all BM that will not update the weekly spreadsheet for my future hunting reference because i don't like this kind of attitude that sometime they are not friendly to the hunters. They should update weekly the spreadsheet as this is our basis that we are following the rules vigorously to prevent wasting of time and effort in the part of the hunters.Except if they are proven good payer then it will be acceptable.
Yeah you are right but I want q question why people didn’t wait for the next year? The main reason was wrong and fake news and predictions. Many people said that the price in 2018 will reach to $30000 and $50000 but we saw the result in the start of this year. Thousands of investors lost millions of dollars. Their disappointment was natural.
12  Economy / Trading Discussion / Re: What amount did you start to trade? on: October 17, 2018, 11:27:21 AM
This is uncertain but it is clear with capital adjusting to market conditions to be able to limit losses that could later occur. so it doesn't need to be big to be able to trade. too ambition isn't good either
A good and experienced trader will never lose his money easily in this bearish situation in the crypto market. He will take right decisions on the right time and will earn money. Investment capital doesn’t matter. The question is about the experience and skills of affective trading. To be successful in trading you must know the techniques of crypto trading.
13  Economy / Gambling discussion / Re: Gambling Addiction Stories! on: October 16, 2018, 07:52:05 AM
Thee are many gambling stories out there, some good , some sad yet we still make new addicts every day. I don't think the sad stories alone will get future addicts to stop but rather the society must offer hope such that if I know I can earn say 50$ by washing plates for 48 hours I will rather make my 50$ that way and not through gambling.

In washing plates you are sure you will be getting 50$ but in gambling either you can make the same amount or lose out completely depending upon the luck and the game which you will bet on. People who have excess and lose out is fine but for needy it is quite bad.



We cannot equate gambling with formal work, even though I am not a gambler but I feel gamblers have chosen their way of life as possible, because they know how bad gambling if they lose, and from that loss they continue to gamble and keep trying to earn / seek profit from gambling even though they realize it is very difficult.
Gambling story will always be a sad story because gambling itself is bad thing and the related stories will also be bad. You cannot expect something good from gambling and gamblers. Both are ulcer for the society. I have also many gambling stories but not my own because I am not gambler and I think that gambling is the worst thing in the world and I cannot waste my money and time in gambling.
14  Economy / Speculation / Re: What will happen to bitcoin after 5 years? on: October 14, 2018, 07:42:34 AM
Well, nobody knows whats gonna happen in 5 years from now . Not even the expert cannot guess whats gonna happen with bitcoin . We just need to wait and see, anything could happen in 5 years. Bitcoin may disappear or maybe will be still the king of crypto. We will se in 5 years from now .z
of course we don't know what exactly will happen in the future, but by looking at the developments of bitcoin right now, we can predict what will happen in the future and I think seeing the spread of bitcoin that is pretty good, almost every day there are adoption happen, its possible 5 years to come the price has exceeded $30k..
After 5 years bitcoin will hold most of the markets in the world. In this day China has almost completely dominated by digital currency and after 5 years I don’t think that any Chines will use paper currency in local markets. More countries will accept and regularize bitcoin, the market capital will be more than double that of today and the price will also be more than $20000.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: Hundreds of ICOs Being Secretly Investigated by SEC, Claims Report on: October 13, 2018, 01:59:34 PM
Hundreds of startups are reportedly being “secretly” targeted by the U.S. Securities and Exchange Commission for their involvement with initial coin offerings. Companies that participated in ICOs are now scrambling to clarify whether their token constituted a security, and, if so, whether it was properly registered with or exempted by the SEC.

Yahoo Finance and Decrypt claims that “Hundreds of startups that did token sales are finding out they’re in violation of securities law— including many that were sure they did it the right way.” 

https://news.bitcoin.com/hundreds-of-icos-being-secretly-investigated-by-sec-claims-report/
Was it expected any other way? I mean as a foreign person outside of USA as an investor I do not have to care about the SEC and I can just invest into any ICO I want and than sell it whenever it hits the exchanges however as the ICO based on USA they have to consider the fact that they are getting millions sometimes hundreds of millions of dollars which means they are a securities option and they need to react and pay taxes accordingly.

Which means sec will investigate them, this "investigation" is not against some crooked companies, its just investigation just to see if they are what they are and as long as they are not scamming anyone they have nothing to worry about.
16  Economy / Trading Discussion / Re: Give your opinion about the current market and future on: October 13, 2018, 11:35:04 AM
In the latest market situation, Bitcoin is the most durable digital currency. Indeed, the decline in the price of Bitcoin will not bring good results for the cryptocurrancy market. But for the future the market will be one of the best and potential.


Situations have been stable from a long time with little fluctuations as we know that this current market has been running since the start of this year and we can only take benefit of it only by buying a lot of coins which will cost us less. However, we will get our profit in high market only after holding coins tightly in this market and for some more time onward till increase in price.
17  Economy / Speculation / Re: what could cause bitcoin prices to go up and down? on: October 11, 2018, 01:45:33 PM
I think what makes this bitcoin price increase is because of the good news circulating on the internet and the total supply and algorithms for mining blocks are increased, making bitcoin very difficult to obtain and the price becomes very expensive.

The news can cause bitcoin prices to go up and down, and we already know this. We know that much bad news comes out in this year, and it makes the price can increase and even it still down. But soon, people will realize that the bad news will only make them get panic, and they cannot hold their bitcoin for a longer time. And they will stay calm if there is any bad news that comes out because they know that this can give a bad effect to the price, so it is better to be patient for a while.
I my self visit those pages, groups and talk on reedit before investing my money in bitcoins. By hearing the news we can absorb when will price up and when it go down.
I think the main thing we are forgetting that bitcoin doesn't really care about the news, the only thing that's important for bitcoin is the supply demand side and for that to happen and make bitcoin go up again we need a hype.

Why do you think bitcoin went down and has been stagnant for the past couple months? Because there was a hype about bitcoin during last november and december and the price was going up because there was a lot of new people who were excited about the possibilities of bitcoin however right now most of those people left so there is not much hype about bitcoin. If there is hype, price goes up, if people are not interested it goes down, simple as that.
18  Economy / Economics / Re: Differences between the developed countries and developing countires on: October 11, 2018, 12:03:26 PM
I think it is more of if the people that a specific country has access to their basic needs at a higher scale than most countries. For example, everyone could have a hut and a blackboard and call it a school, but few actually becomes competitive globally. A developed country would definitely have it's citizens taken care of not the otherway around.
Yeah it is also right and I think that in developing countries basic needs for lie are not available or in very rare conditions. The governments in developing countries also do not care for their people and the people too cannot stand for their rights. The whole system disbursed due to weak law enforcement and corruption. People have many financial problems and limited resources. 
19  Economy / Speculation / Re: Will Bitcoin Reach its Bottom? on: October 10, 2018, 12:26:24 PM
I think yes and the 5,000$ price of bitcoin that i witnessed this year is exactly the bottom/dip of bitcoin's price. I actually bought some major alt coins during that time because the price of alt coins are also down. If bitcoin will fall down again anytime soon, i think it will not go below 5,000$ anymore.
When did you witness a $5000 price this year? In your dreams? The lowest we have gotten this year was somewhere close to $5800, and no one can actually tell if this is the bottom yet or not, until maybe we have seen a huge reversal, a new ATH and then we can plainly say, we have reversed from here.

It is normal for a market to hit rock bottom where the support is extremely strong before reversing and we may or may not be there yet, as only time can really tell and nothing anyone can do than to just keep monitoring the trend and blending with it.
20  Economy / Trading Discussion / Re: What amount did you start to trade? on: October 10, 2018, 11:17:29 AM
I learn trading just by started about $100 and this money i get from bounty campaign.  From this amount i try to increase the amount by day trading, and my target is to make that money increase to $5000 in 1 years. Look difficult but that will be possible to make it.
I am not a trader because I don’t have any trading experience but I think that a trader should start from low investment because if the price downs more he will not lose big money. If he realized that bitcoin trading is god and he can make money from trading then he can invest more money. But starting with big investment is I think not good decision.
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