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Do you make a distinction between tokens and coins when you're looking to invest in ICOs? For those that don't know the difference, a coin belongs to a network that has its own blockchain as opposed to for example a token which belongs to a Decentralized application.
Ethereum, Bitcoin, Ripple and Monero are coins. (for example)
SelfKey, REQ, GVT and Civic are tokens. (for example)
Do you think one is more lucrative or wiser as an investment than the other? What makes you invest in tokens as opposed to coins and vice versa? Do you think tokens or coins carry more risk as an investment?
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Bitcoin doesn't work, it brought to the world a great tech but it obviously doesn't work. In 2017 Bitcoin transitioned from being a currency into being an asset, digital gold. It was intended for it to be used as a trustless peer-to-peer cash system but due to it's deflationary nature it failed to be one. Instead of spending Bitcoins on goods and services people would rather hold their speculative asset in the expectation of getting ROI. Bitcoin Cash and especially Roger Ver has been hammering away at Bitcoin's flaws ever since the hardfork. Accusing Bitcoin's failure as a cash system due to high fee's and technology that doesn't scale. Now Bitcoin and Bitcoin Cash are both involved in an endless technological debate lashing out at eachother and why one is superior to the other. Although the different paths both coins took are interesting developments and it's yet to see what the future is for both, they are forgetting the essence of the problem. It isn't that BTC had temporary high fees that it failed as a trustless cash system and Bitcoin Cash promising bigger blocks can't solve that. The problem is that people have been treating Bitcoin as a speculative asset instead of a currency. People even look at you funny when you say you're using Bitcoin as a payment system and I can't see Bitcoin Cash doing anything different as it increases in value and attracts more ''investors''. The problem with both Bitcoin and Bitcoin Cash is also one of the reasons people we're excited about in the first place, it is deflationary, no more banking cartels ruling the supply and printing money as they please. But whatever you say it is, it doesn't mean people will use it for that purpose. Therefore Bitcoin has proven to not work, to have failed as a trustless cash system and has been dubbed digital gold instead, Bitcoin Cash pretends it has the solution whilst it clearly doesn't see the writing on the wall that eventually, it will suffer the exact same fate as Bitcoin. Why spend something that will keep rising in value?
Skycoin is trying to learn from the mistakes of Bitcoin and I believe it has found a proper solution to the problem. Skycoin which is a decentralized, trustless cash system that is deflationary also generates CoinHours, which is an inflationary coin, each Skycoin generates 1 Coinhour per hour, there's no cap, since coinhours technically won't increase in value forever due to it's lack of scarcity and inflationary nature it is the perfect spending tool used for goods and services. We take the best from both worlds and combine a deflationary coin with an inflationary coin that just like we are used to in cryptocurrency can't be manipulated or controlled, it's output is mathmatically determined ( 1 Coinhour per Skycoin, per hour). Although Skycoin has a lot more to offer it is just this that I want to focus on. Skycoin is the only cryptocurrency on the market right now that has an economic model that makes sense as opposed to all the other coins that will only be hoarded and can't function as a currency.
Bitcoin doesn't work and Bitcoin Cash saying it can solve all the issues of BTC is a fantasy untill they realize what the real problem is, why people aren't using BTC as a currency but as an asset. It wasn't untill I realized this that I figured out that the whole debate between Bitcoin and Bitcoin Cash which everyone is so tired of is flawed to its core.
With Skycoin and coinhours, inflation is set at a fixed rate, encouraging spending instead of hoarding, people can hoard Skycoin all they want but their coinhours are technically going to decrease in value over time which is why it won't matter to people if they spend it. With Bitcoin and Bitcoin Cash there's no economic incentive to spend, only to hoard.
I think this is very important to realize, I think Bitcoin can function as digital gold, the idea that people have something to fall back on when all else fails (governments, banks) is powerfull and shouldn't be neglected but it obviously doesn't work for what it was intended to be. Not to forget this is all highly experimental, results are not guarranteed and we could see a breakdown in Bitcoin when no more people want to join it's network simply because they see no added value in buying a speculative asset and hoping for the price to rise. Cause that is all that is happening right now, nothing more. Still it is a powerfull threat to the establishment and can always serve as a protest when people feel they aren't being listened to.
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Bitcoin is going up as market sentiment had shifted towards a very bearish stance. In January it was a dip, slowly but surely people started realizing it is a crash, not a dip (perhaps on a larger timeframe in the future they will be right). The market was calling for higher highs in January, the market started shifting eyeing lower lows in march/april. Lots of people started selling forcefully because of taxes or simply because they wanted to cut their losses and stopped believing, anticipating a price in the range of 4-5k to buy back in again. The general crowd of market participants is usually wrong and this time it is no different.
So what do I think we see happening right now? Someone pointed out to me that a possible Wyckoff Accumulation pattern was forming on our first move up to 7500, I'm not very good at technical analysis, I know the basics and necessities to make more informed decisions but I have had success with fundamental anaylsis and as bearish as I was my sentiment started shifting in the sideways movement. As we probably all know PBC has mentioned that in early April we could see some big money flowing in as traditional investors start peeking under the Bitcoin skirt. To take this serious is an understatement. I am not a fan of PBC but I do understand they usually have sublime fundamental analysis of the market and coins/tokens. The market is about information foremost, you have to be smarter than the rest no matter the size of your portfolio. Surely people that have been longer in crypto, especially those that are sitting on a sizeable portfolio have connections we can only speculate on. So if PBC knows something, then I bet some whales know something aswell.
If whales know institutional money is flowing in, they are going to want to ride that wave instead of selling at prices the market is screaming for, knowing fully well if they sell there is a big line of buyers ready to scoop up at those prices and ofcourse other whales who know whats coming. Regardless that BTC isn't at the most favorable price, the market sentiment is favorable and there's an abundance of supply as people capitulate selling their coins on the market. So whales have been accumulating at the artificial bottom, supply decreases as more people sell into the whales orders, eventually supply and demand shifts as the whales don't sell and all the capitulators have. The price starts going up again. Right now, if my fundamental analysis plus the technicals are all sound, we're in markup. Which means that whales are again accumulating before the price rises again. This can go on for quite some time untill the market makers are satisfied with their profits. You will know the moment is there if you familiarize yourself with Wyckoff's accumulation and distribution scheme.
I can't guarrantee you anything, but if anyone is still on the fence then they might want to consider this theory. It be a shame to have ridden out such a long time on BTC and to miss the action when its only just starting.
If you don't believe in the market or BTC anymore. Then you don't understand what this is about, and I suggest you dive deeper into the fundamentals and their opposites.
If you're one of those people who told themselves they will hold for X years and capitulated out of fear and depression. I'd advice you try again but do things different such as putting the BTC on a cold wallet and safe it in a time-lock safe.
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As of late I've noticed on this forum comments about ICO ratings, and how certain projects are good based on those ratings. Let me start of by saying this:
ICO Ratings don't mean anything People coming into crypto need to stop being naïve. These ICO ratings can easily be bought up and you don't know anything about their supposed Experts.
Anyone calling himself an expert in a field of technology or practice that has been around for a few years, where most people find it hard to imagine future implications or are simply unkown, is not an expert. There are no experts.
So do your own research instead of investing by ratings or even considering these ratings. Its a scheme, ICOs pay for ratings so more money flows in. Websites have their ''experts'' so people will come back because they think that website gives them information from ''experts'' for free. Even if there were any experts you think they'd be sitting around rating ICOs? If you are an expert in Blockchain I bet you have much more potent things to do than writing an ICO review.
You think any website or rating is going to tell you which are a scam and which are not? Likely they can't even tell a 1 from a 0 because all those ratings get bought.
So stop being naïve and start learning the trade.
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Hello, I'm looking for a Skrill card worth atleast 200$ - $250 please leave a reply below.
No noobs or people with negative trust
If you have a thread where you sell such items please leave a reply below SKRILL ONLY!!
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So looks like another bubble has popped and BTC is taking a nosedive dropping from 11600 to 9700 a mere 1900$ in 3 days. How long does a bear market normally last? I'm expecting atleast the full year, can it take longer?
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I just noticed I can give merit points, is this new? What exactly is this for. Anyone mind explaining this to me?
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So before everyone goes completely beserkers on these ratings, know that they are trying to sell a service, which is investment advice on crypto's that can outperform Bitcoin. Their ratings are not soley based on tech they are mostly on risk and reward. I suggest you read these pages: https://orders.weissratings.com/wcy-crypto-ratings/EWCYU100/index.htm?pageNumber=2https://weisscryptocurrencyratings.com/ratings/the-weiss-cryptocurrency-ratings-explained-15https://weisscryptocurrencyratings.com/ratings/frequently-asked-questions-61In my opinion its complete nonsense and bullshit, they are just trying to sell their service and advertise themselves as independent in the sense that they didn't receive compensation, but they sure as hell are invested. Beginning 2017 anyone could have easily picked a coin that outperformed Bitcoin, they are advertising themselves that they can pick coins that outperform Bitcoin. Its the same with all these hedgefund managers popping up everywhere, we're in a massive bullmarket and lots of people feel like they are missing out, and suddenly all these jokers come along and promise gains when all you really have to do is just be patient. The list is not even comprehensive, it rates Doge a C and in comparison Ethereum is only a B to that. 1 huge mistake they already made is they recorded past performances into future projections of what is a good investment, Doge might have had some good years but I sure as hell would never put my money into it, even the Dev has said that its beserkers at 1 billion evaluation and that its a joke. If you're not familiar with American rating systems: A+, A , A- = 10 B+, B, B- = 9-8 C+, C, C-= 7-6 D+,D,D- = 5-4 F+, F F- = 3-1 |
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Hallo, ik heb het op verscheidene Bitcoin ATM topics gevraagd, hoe verkoop je nou op zo'n ding? Ik heb helaas nooit antwoord gekregen maar ik zie dat erin Limburg wel een automaat is waar je op kunt verkopen. Dus ik vroeg me af of iemand hier wat ervaring mee heeft en me de stappen uit wilt leggen zodat ik niet voor verassingen kom te staan.
Leek me leuk om een dagje weg te gaan en wat BTC uitcashen hiervoor bij een BTC automaat.
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I pasted a phising link into my browser, I didn't do anything else though and as soon as I realised it was a phising link I clicked it away.
Anything I need to do? Or am I still safe since I didn't download anything or shared sensitive info? Bit if a noob on these things some help would be appreciated.
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Coin ''X'', X stands for the undisclosed coin that it is. It is a coin you can send/transact with that has 0 fees and under 3 second confirmation, it is also a privacy coin. Can you guess which it is?
It also has a fully functional platform on which ICOs can launch, ICOs get their independent blockchain unlike for example Ethereum where everything goes onto a single Blockchain. ICOs have been held on this ledger and more are scheduled for the near future.
Can you guess the coin?
another hint: You can stake the coin for dividends
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Hello I'm selling GOAL tokens for 0.000026 Ethereum each which is the equivalent of 0.027 cents, ICO price was 0.05 Cents. The project is currently developing and looking to list on an exchange. PM me if you are interested, an escrow is a must less you feel confident enough to go first.
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Well so far for the notorious ponzi bitconnect, it crashed after repeated cease and desist orders to which it responded by closing down the exchange and lending platform.
Price crashed from mid 200 to 29 dollars, up for a bit in the high 30s.. but I expect to see this at 0 tomorrow
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Quote from the author: I am a kid and this is my savings. I don't need it right now or even in 10 years so it doesn't matter. Besides, I bought most of my bitcoins when they were $10. How does it feel to be stupid? this was 4 years ago https://www.youtube.com/watch?v=WdrSP0V-KLgBiggest fuck you ever? |
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So, i'm still relatively new to Bitcoin and I'm wondering, why isn't the blocksize limit raised for faster and cheaper transactions (scaling?). Can anyone provide some insight? I know this has been a much discussed topic and has left some ''scars'' on the community, but will someone explain it? Just for me ;3 ?
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Are we entering a bear market? Or are we already in it? Is this depression temporarily because of the bullrun we've witnessed in alts recently? Or will it last a while?
Would love to hear some thoughts and opinions.
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