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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Is whitepaper important in the project? on: September 17, 2019, 05:32:05 PM
I see no reason to read all the white paper, as often the team does not realize any of this. I just look at the team and at the partners

Very strange. This document, like nothing else, helps investors understand the goals of creating a project and the problems that it intends to solve. Therefore, understanding the structure of a technical document is an important point for each participant in the crypto sphere. This is necessary in order to avoid investments that would result in a loss of funds when investing in scam or participating in a fraud project.
2  Economy / Economics / Re: How would loans work in a Bitcoin economy on: September 17, 2019, 05:28:59 PM
Bitcoin loans could be very risky becase of volatility so if you don't have some income source in Bitcoin at the end you might find yourself in situation that you need to return much more than you have borrowed. Of course the amount in Bitcoin will be the same but if you have to spend fiat to return Bitcoin loan that is bad.

Unfortunately, persons providing loans and lending funds are forced to act at their own risk. Taking advantage of this, fraudsters often pay a certain amount of small loans in cryptocurrency, raising the rating in the list of borrowers, until the opportunity arises to get a larger loan. In addition, there are quite a lot of tips on passing verification on fake documents on the forums.
3  Economy / Trading Discussion / Re: People are tired of talking about Binance.... on: September 17, 2019, 05:26:09 PM
everyone has their own reasons for choosing an exchanger, for example, I will always choose binance, with CZ as the owner of binance, CZ has the courage to return the funds of a binance user who was attacked by a hacker,
this is an important point that I always look for in every exchanger,
and this is not happening in cryptopia, my money is there and until now there has been no clarity.
even yesterday there was news the binance would make a special US exchange, this is good news and I am sure it will be more crowded.

Binance is cool for traders that do not deal with huge amounts of crypto - verification here is not needed. Tf the user wants to exceed the daily withdrawal amount - 2 BTC, he will definitely need to pass verification on the exchange. It will be necessary to indicate your personal data in the personal account and attach a scan of the passport to the application. Otherwise, the trader will not be able to withdraw money.
4  Economy / Trading Discussion / Re: This will help to improve your trading on: September 16, 2019, 06:17:35 PM
Thank you. All of these tips are good and effective.

Three golden rules for working on the cryptocurrencies market will be also helpful:
- There is no need to trust anyone and when choosing a token for investment, you should always conduct your own market analysis;
- Do not chase the greatest profits; simply conduct transactions with a small profit, but with a minimum of risks.
- Do not invest in cryptocurrencies more than 2% of your own funds.
5  Economy / Trading Discussion / Re: What do you need to become a successful trader? on: September 16, 2019, 06:11:04 PM
Experience experience and experience again. The market does not lend itself to logical forecasts. Even large traders say that they constantly manipulate volumes in the market,
therefore you need to understand how whales think and replay them, which, in my opinion, is almost impossible to do on your own. Find a teacher, this is the best and fastest way to gain knowledge and experience.

Before you start trading cryptocurrency, you should get the basic knowledge about the asset being traded. Look at the charts, the book of orders - this will help to understand the framework in which the coin is being traded and determine its volatility. A novice trader is better off choosing digital assets with medium volatility. In this case, the price movement is more or less predictable, and the chances of losing an investment are minimal.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: 3 Key Facts About Centralized Cryptocurrency on: September 16, 2019, 06:06:06 PM
I have a slightly different view in terms of centralized and decentralized, first I want to say that there is no single token/coin that is not controlled in cryptocurrency, all hold on centralized systems, only different methods between centralized and decentralized, secondly, blockchain is data storage The biggest ever created, with the blockchain system we can store data in the form of complex algorithms, what needs to be understood is that the creators of these algorithms must have the ability to control the algorithms they make.
third, the death of several altcoins, the fall of ETH and rising prices for bitcoin is inseparable from the influence of using the parent blockchain, so I think centralized or not centralized is just a term, because after 2017 we begin to understand that there is something/someone who manages blockchain-based cryptocurrency. Do you agree?

Speaking about centralized crypto, we should remember about Tether, first of all. It is a fully centralized cryptocurrency. Tether Limited is engaged in the issue of tokens and verification of payments. However, despite all the shortcomings of it and the presence of promising competitors in the face of younger stablecoins like Libra (that has not even yet appeared), Tether still remains the leader in this category of cryptocurrencies.
7  Economy / Trading Discussion / Re: Crypto Bull Run!!! on: September 14, 2019, 06:19:16 PM
I think that we are far from Bull Market and now good time to buy crypto and to do it on different exchanges. For now I use and can recommend Poloniex and Whitebit

I am not sure that we have to wait for the new bull run this year. Bitcoin can even fall a bit, but not lower than 7800- 8000 dollars.  Close to March 2020, it will go up, and the spring of the next year can be the new to-the-Moon period. For sure, this is just a variant of how I see it. Read about the possible ways of the market behavior and compare the points of view of crypto specialists better.
8  Economy / Trading Discussion / Re: Crypto Trading Bot on: September 14, 2019, 06:13:29 PM
I have never used bots in trading. I guess the bot doesn't help increase profits. for me bots only add complicated, it's better to trade manually.
everyone has a different trading strategy.

They are not complicated at all and can be very useful for people. Cryptocurrency bots allow traders to successfully trade and control their positions with the help of customizable parameters without the need for constant monitoring of market movements. The use of crypto trading bots enhances trading opportunities with a wide variety of assets when using various trading strategies.
9  Bitcoin / Bitcoin Discussion / Re: Bitcoin Will Replace Gold! Here's Why... on: September 13, 2019, 06:56:13 PM
Gold will remain gold. Bitcoin will remain bitcoin. Nothing will change

This is right, bu the founder of EOS is still sure that in 20 years Bitcoin will replace this precious metal. Although it can be the next "smart prediction" which will not come true again, in a way, BTC can really become something like gold online. I believe that now Bitcoin can try to be on a par with gold and turn into a reliable defensive asset. Those, who invert in this crypto, make the right choice.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: XRP and BCH on: September 13, 2019, 06:51:26 PM
Both coins that you mentioned are really great. But what I would suggest is start trading with a stable coin. This way you will get to know how this business works and when you understand the basics, then you can invest in any of these coins.

I am interested: how is it - to trade stable coins? They have almost the same price all the time, and very often, people simply invest in them to save their money from inflation. Bitcoin Cash and XRP - here I agree - are not the best variant, and as for me, Ripple is even the worst choice for now. Bitcoin and Ethereum are two reliable cryptocurrencies to trust and to deal with for years.
11  Bitcoin / Bitcoin Discussion / Re: Is Facebook trying to profit from Cryptos ? on: September 13, 2019, 06:48:10 PM
Maybe Facebook team are yet to fully understand bitcoin and hence they are dealing with altcoins for now, later on they can get on with bitcoin. Without bitcoin no other coin really make sense, except one wants to introduce scam to the public.

Mark Zuckerberg has billions of dollars and he has hired a team of the best professionals to help FB with Bitcoin is somebody does not understand it (although I doubt it too much). For sure, as money makes money, Facebook leaders have the only one aim - to make more on cryptocurrencies. I have almost no doubt that they will succeed here, and we will see the Libra project very soon.
12  Alternate cryptocurrencies / Speculation (Altcoins) / Re: GRAM COIN the new telegram coin Value in november? on: September 12, 2019, 10:18:06 AM
But why then is it created and what function will it perform?
Provides a platform for third-party services of any kind that enables smartphone-like friendly interfaces for decentralized apps and smart contracts, as well as a World Wide Web-like decentralized browsing experience.
What will its value be?
Initial Price is $4

They say that TON from Telegram has launched its test network, but I did not see the information about the price. All the data necessary for the successful launch of the blockchain site was posted on the TON Internet resource at the end of last week. Users with a large number of project tokens are responsible for block validation. TON Labs claim that the TON blockchain will be fully compatible with Ethereum blockchain software solutions.
13  Economy / Economics / Re: Trading on: September 12, 2019, 10:13:42 AM
If you want to trade on 'safer' platform, then I suggest you trade on forex brokers. Their liquidity is exceptional and there are a lot of brokers on the market.

I've decided to do that by myself, trying to earn $10-$30 a day with margin. It's hard but I think it's good to get extra money in your spare time. I'll probably focus on this too if my other job is not working quite well.

First of all, develop the ability to analyze the situation soberly. For trading, spontaneous, impulsive decisions, dictated by panic or greed, and based on the principle “do it all” are very harmful. First of all, rely on your experience and double-check the incoming information. Always start with those sums of money, which will never give you great losses in a case, if you fail.
14  Economy / Economics / Re: China launching its own crypto currency ? on: September 12, 2019, 10:10:41 AM
China is all set to launch its own crypto currency for more than 1 billion of its population how will it effect the crypto market ?

A research report from Binance experts said that China’s state digital currency is likely to be a two-tier blockchain system that replaces both banknotes and coins. Additionally, the new digital asset of the country's central bank will be similar to what the organizers of the Libra facebook project offer for users now. Besides, China cryptocurrency can be launched in November already.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: 5 Ways to earn crypto without investing or mining on: September 11, 2019, 05:58:20 AM
To get the coins without investment and mining I used cranes, also participated in the company's bounty and airdrop
cranes have not been working for a long time and it is already impossible to make money on them. only if some penny. but the best thing now is to participate in bounty campaigns if you don't have money to invest

Earnings on cranes are minimal, if not minuscule. And be careful, many of them do not pay at all or set such conditions that waiting for payment is not enough for a lifetime. Use only proven sites. Freelance sites and platforms give more possibilities to earn cryptocurrencies and start from zero. Some bloggers (popular people already) earn crypto on donations... and its works well.
16  Economy / Economics / Re: The Risks and Rewards of Cryptocurrencies on: September 11, 2019, 05:54:02 AM
In every Bussiness have loss and profit, cryptocurrencies do not differ from it so I think if you take proper education about cryptocurrencies then you enter in cryptocurrencies and get great success  Shocked
What are you talking about ? Business has loss and profit regardless of which currency you use in business.
You should not compare crypto currencies with any business. This is the wrong perception and usage of crypto currencies.
If you want to compare, you can compare it with fiat currency.

Risks are much higher exactly in the crypto world. Cyberattacks are the greatest problem here, and literally for all. The hacker attacks are becoming more common, and fraud methods are becoming much more sophisticated. Bitcoin wallets and the large amounts that are traded are extremely attractive to thieves. Crypto exchanges have been hacked constantly, and many of them have to close.
17  Economy / Trading Discussion / Re: I'm a full-time crypto trader. Here're my recent trades & answers to questions on: September 11, 2019, 05:51:08 AM
What will the top 5 cryptocurrencies be on Jan. 1, 2020?

Lots of upcoming projects are out to displace ETH. The drawdown in relation to the hist. max is almost 90% (remember $1300?). EOS, NEO, Tron, Tezos etc... Great competition. But BTC looks to stay for long, anyway.

I am not sure that something will change greatly. Bitcoin will be the leader, and Ethereum will follow it. However, I guess that Ripple can lose many positions. Now, it is not as popular as before, and fewer people are ready to invest in XRP as they started to understand that Ripple is not "to-the-Moon" currency. Binance coin has more chances to get higher and even take the 3rd place.
18  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When altcoin price increase on: September 10, 2019, 08:43:43 PM
When bitcoin price increasess, altcoin decreases. When bitcoin price decreases, altcoin decreases as well. In both case, altcoin suffers. When does altcoin price increases? Why market follow this behavior? Please share constructive reason behind this.

You look only at the first reason for the price drop. First, the projects consist of investors and the project team. Someone with the fall of Bitcoin leaves the project. With the growth of bitcoin, too, investors can transfer their assets to bitcoin.

If you are looking for a solution this is a problem. The answer is simple it is not.

Now, too many factors affect the market, and not Bitcoin only. Nowadays, various traders and crypto bloggers are trying to sell us two options for the development of events. The first is that the cryptocurrency market will be pressed even lower, then to arrange a grand season of altcoins. The second one will be the opposite. However, finally, only the best cryptos will survive.
19  Alternate cryptocurrencies / Altcoin Discussion / Re: What's with crypto prices. on: September 10, 2019, 08:37:59 PM
people are already very tired over these difficult two years. they hold coins that have lost 99 percent of their value and of course, people keep complaining. this will happen until we will see the altcoin season

Many people are really tired, while the other ones are excited and full of energy; they are ready to work and earn. Meanwhile, all realize that the hottest bull run season as it was in 2017, might never come back. Thus, the new wave of the crypto investors has fewer people, but they are more serious than those, who entered the market following Bitcoin and crypto hype 2 years ago.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Altcoins ever come back again on: September 10, 2019, 08:35:27 PM
For altcoins that have achieved ATH in 2017, I think it will never return, this market has dropped a lot and if it increases again, I think only altcoins appearing in 2019 will increase.
we do not know the future, indeed altcoin currently looks very difficult to grow. but look at its development from a few months ago, altcoin continues to grow even though its growth is still very small. so i think in the future, slowly but surely altcoin will reach ATH. might exceed ATH a few years ago.
altcoins will not grow slowly. Their movement is always associated with a fast increase of their prices. These are not stable assets and that is why they attract risky investors.

Each time the picture that we see on the cryptocurrencies market is different. I doubt that 2017 bulls will come back. The next scenario can be slow growth of altcoins. However, I guess, with the growing Bitcoin domination, only the best tokens will survive. Suppose, most of alts that we will see alive in the nearest 5 years come into top-100 now. Ethereum is the best one of them.
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