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I don't remember who exactly over those forums sent me an email regarding an article. This is what he sent me I mean how can the guardian and Forbes be that cheap? Any further information would be very appreciated (or I'm just getting scammed over here). |
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I don't know any kind of technical analysis. I am not a day trader (after losing so much). I don't have patience so I go for long-term (yea, there's some sense just find it). I may not be Warren Buffet, but I did my own research, therefore, I believe with what I choose and go with it. ** "This is not investment advice" - just sharing my thoughts. I will not talk too much about the coins/tokens themselves, just why I picked them and why I believe it will produce me a profit. I do not necessarily say they are the best things on market, but the things I find most profit. If you want to know more about the currency itself just read the whitepaper and take a look at the website.  ODYSSEY
THE FUTURE OF DECENTRALIZED SHARING ECONOMY
THE FOUNDATION OF GLOBAL PEER TO PEER ECOSYSTEM
Connect Everything, Share Everything, Credit-based Protocol I find ODYSSEY (OCN) as a gem, too much behind this specific coin and the value is way too low. We are talking about only 32m market cap (4b supply) and already big exchanges such as Houbi, not even mentioned the fact it's moving forward in the China nation where so much influence, power and population is. Partnerships with TRX and many successful advisors behind it. Too many people want to see its success and go up, I won't be surprised it will be one of the moons this year. Already proving themselves with a lot of updates and focusing making this out with huge corporations in Asia, we are talking about millions of users who will use the token itself as a payment system on many apps. This is so much for such a little price right now.  SIRIN LABS’ vision is to become the world’s leader in secure open source consumer electronics, bridging the gap between the mass market and the blockchain economy SIRIN LABS with almost 50 team members behind it and big endorsements such as Leo Messi (huge exposure). And 150 million funds which makes them pretty much unlimited with their vision. Having a clear vision and shared with all the users, not talking about it being open-source and full relations with the public. The second half of 2018 is going to be exciting and surprising because once they take it out they can moon it easily. Talking about potential partnerships with Huawei and using the IOTA on their system, phones and computers with the maximum security of crypto; making it ready for mass adoption which can help the whole industry and easily increase the value of the SIRIN Labs tokens which will have clear uses such as the Dapp store. Also including the fact that above 25,000 pre-orders of the mobile already.  Coinme believes money should be accessible anywhere. A venture-backed financial services company, Coinme is dedicated to helping the world gain access to virtual currency. When the world has access, everyone has a fair chance for financial prosperity. When someone asks what is wrong with cryptocurrency right now. I will clearly say the complicated way to purchase Bitcoin or any other crypto. The effort and knowledge that the average person needs just to hold money, that's not realistic. In order to make Bitcoin or any other altcoins mass adopted by billions of people; it needs to be easy to get and pay for it. And ATM is definitely with no doubt the solution for this, UpToken with Coinme behind this bringing the ATMs with already over 40 ATMs around the USA and with a growth of over 10% every month which mean 4 ATMs at least every month, aiming to have easily above 500 ATMs around the world for anyone who seeks for Bitcoin to purchase it easily. I believe that it is a promising growth with the fundings they got and a clear vision just making more ATMs around the world (not that complicated) and with the time there will be a lot and the value of the token with its benefits can jump up really easy. Also, want to mention that big and successful entrepreneurs behind this project. Sincerely, Buza. |
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Decentralized applications are bringing transparency, decentralization and security to a new whole level. Taking the technology a few steps ahead and changing the whole vision of making things better. Dapps are already here and just need to be mass adopted. Based on smart contracts making everything visible and safe for the user experience. Unlike the centralized applications we knew so far where everything was controlled and based at one place with too much power and risky influence now we got a chance to make the world more decentralized, we have over 7 billion population and still too much power and things for the 1%; that’s just an example of what centralization causes us. Therefore Dapps are bringing decentralization, making a whole new program divided controlled by millions of computers, giving no one an actual power to change or affect this. Make things pure dedicated and with no back doors or harms to the users, where there’s a place for trust. May not seem that realistic or something that can that be used globally but it’s all about time and the technology’s progress because things are already happening and it’s your time to adopt them. I really believe we are a part of something really huge, our world will look way brighter and better once we make revolutions in the technology, where every second person in this world has a mobile in his pocket. Everything should be transparent and forever on the blockchain, friendly to the user, making this actual pure from evil interests. Today, I would like to share with you one of the favourite decentralized applications based on smart contracts and the Ethereum’s blockchain. Changing the whole betting sports to a new whole level, without accounts or deposits, not even any regulations or documents to fill. Just betting on your favourite team straight from your wallet, full transparency through smart contracts and back to your wallet. So many features and solutions in one website for an old fashion industry with too many problems, it’s time for NEW, for BETTER and for the BEST! https://www.youtube.com/watch?v=elCkKDxu-SEThe first functioning decentralized platform powering wagers between sports fans using blockchain technology. Through the use of smart contracts, living on the Ethereum network, your experience is free of external controls; no one can deny you entry, change the rules, or most importantly refuse to pay you your winnings if you guess big. Pick your team, pick your game, pick the outcome and collect Ether when you guess correctly! Sincerely, Buza. |
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The first blockchain platform to power sports bets via Ethereum smart contracts. No book, no accounts, no odds. Just P2P bets between fans of sports and crypto. https://cryptosportz.com/Whitepaper: https://cryptosportz.com/assets/cz-whitepaper.pdfWe would really appreciate any kind of review, feedback or a question in order to improve ourselves as much as possible. Let us know what you think! Thank you very much up in front. |
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“Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part”. This sentence is proving pretty much what Bitcoin has that the other competitors don’t have. Bitcoin was the first cryptocurrency to be made along with the blockchain itself by Satoshi Nakamoto in 2009. Now that’s a huge advantage, but except Bitcoin after that, there were more coins which didn’t survive then why Bitcoin did? Nowadays Bitcoin is the masterpiece that was made not only by Satoshi Nakamoto but by developers all around the world with thousands of commits and hundreds of contributors making Bitcoin what it is today. Bitcoin is a revolutionary financial system, money should be owned by the holders (decentralized), not by the government or any bank system. They can take care of our money, get paid for their services, but they can’t own the money because no own it or better to say everybody owns it.
Bitcoin in the last couple of months proved to be not so much stable and bringing what it’s promising. But money systems are not built by a few days, months or years. It takes decades to build a solid money system which has a global scalability use, nine years and Bitcoin already valued at hundreds of billion dollars but it didn’t reach even the half checkpoint and it will take at least another decade to be dominance in our economic system. Already Bitcoin foundations in so many countries and such a big use, for nine years it’s much more than excepted. Bitcoin is the closest thing to be natural money system in our world, pretty surprising relative to a digital currency.
So. Why is it so better than the other competitors? Why so many people passionate about Bitcoin than any other currency? The answer is pretty simple. Since Satoshi Nakamoto isn’t here to represent Bitcoin’s vision that’s what makes this coin so good. Bitcoin will be whatever we will want it to be. Behind Ethereum, there’s Vitalik. Behind Litecoin, there’s Charlie. Behind Bitcoin? There’s us. No specific vision, not only one truth is correct. Everything is acceptable to Bitcoin and everything is welcomed either if we like it or not. No one is having a huge influence on this digital system that’s what makes it so decentralized, literally no statements only speculations and opinions. Meaning it will pump and dump from 20k to 8k and so on because now on it’s still not fully built yet, but with the coming years, it will become better and better and more decentralized, more hodlers, distributed around the world. Hodlers in Africa, hodlers in USA and hodlers in Russia; literally everywhere no matter if there’s a World War III or apocalypse. That’s how strong and stable the digital cash system is, having wealth that is stored safely and by you and you only.
The stats are proving the situation by itself, for the last nine years since cryptocurrency industry was created. All the altcoins including the top-ranked such as Ethereum, Litecoin, Ripple and etc. They all were influenced directly by Bitcoin itself where there is a clear dominance by the coin in the market and being as most of the ways to purchase other altcoins. Bitcoin also showed us how things can get scary and dirty when it fell from $32 to $2 and from $1,000 to $200 and more many times in the history but eventually always rising up and keep having huge influence and exposure to the world. The real revolution isn’t the price itself but the occupation of many corporations, companies and even small stores around the corner. Because the coin is used and accepted by everyone (no matter what the law says) as a currency, that’s how the revolution is made and changing the rules of the game. The power in this world belongs to the people equally, no centralized party should deprive this power of us. Bitcoin is bringing the power back to the average person and giving the power to the public, giving back their own rights.
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What is my investment strategy? Unlike a lot of people, I follow some behaviour patterns. Before investing I ask my self, what am I chasing? Like most of the people, I chase eventually money because that’s all the point of investments: a profit. So what does that mean? It means that I am not chasing anything that will conquer the world or will become the next Amazon or something like that. I am looking for something that will produce me the biggest profit. Therefore the top 100 coins/tokens (according to CoinMarketCap) are not an option for me at all, why? because even if it manages to get hundreds of millions (the top of them even billions) it will not bring me such a high percentage of profit. For example, if Bitcoin increase by 100 billion dollars (which is 1/5 of the current market cap) then it will not even double the profit (if I put 100 dollars I won’t have 200) even not close to this. But, if a small project such as Jetcoin which I find very promising, useful and influencing increase by 20 million dollars which is 1/25,000 of the market cap; the profit percentage will be 10x (if I put 100 dollars I will have 1,000 dollars). So that’s pretty much why I rather focus on small projects with a lot of potentials (not to conquer the world or worth billions, just to multiply themselves a couple of times). If you ask me, I would tell you to go for 2m ~ 10m market cap projects which I find the best range of investment. And that’s right, market cap doesn’t mean anything but when the market cap is 100bin then the volume is extremely high and the price is harder to be changed than projects with 2m market cap and less way volume which make the price easier to be changed and with the right choice for the positive way
So now that we agreed to look after small projects only for higher profits. We are asking ourselves, what kind of small projects are we looking for? Let’s be honest, blockchain is a new technology although it exists for almost ten years there are not much of people who can make such a good coin on such a great blockchain which is all the point of a coin. Even the best coins have their own problems although they got a team of professional developers with a lot of knowledge, it is also about time to beat the previous technology so let’s say blockchain technology isn’t really an option for us. Which is completely fine given the fact that we got many other alternatives and the best one so far is the ERC20 tokens which mean easy tokens made relying on the Ethereum blockchain. Ethereum blockchain is the biggest blockchain, bigger than all the other blockchains together (for n0w) so they know what they are doing.
Thanks to Ethereum, nowadays you don’t need to know programming so good in order to make a successful project with a good working platform that can serve millions of people. Then, what are we looking for? We are looking for a unique idea of passionate hardworking team and a full detailed whitepaper so we know what they want and how they are planning to achieve this. It might sound complicated but it’s not.
Alright, that’s what we want: low market cap, ERC-20 tokens, a clear detailed vision with a hardworking team.
So what are we doing now? Sometimes, most of the tokens will not be listed on known exchanges such as Binance or Bittrex but it’s completely fine because you have to catch the big before it becomes big. So, not comfortably you deposit into small exchanges or less comfortable exchanges such as (OKEx, HitBTC, Livecoin and etc.)
After you got X amount of those tokens you withdraw them to your wallet that supports ERC20 tokens, the most known ones are MyEtherWallet (highly recommended), Ledger Nano S, Trezor and etc.
And from that moment, you keep following the project through the social media such as Telegram (highly recommended), Twitter, Reddit and etc. If you feel like you can help the project by spreading out the word out, don’t be shy; one useful post on Reddit (/r/Cryptocurrency) can expose the project to a huge audience and have a huge effect. So eventually all you need is some patience and you will have your safe, organic profit growth while focusing on other things. Finally, I want to share with you some tips I believe are useful for any strategy investment you chose.
Investment tips:
• Fewer actions (withdraw, deposit, trade..) are better.
• Buy RED sell GREEN.
• Patience is the key
• Make your own extensive research (read the whitepaper, check social media, google it, ask people, ask on telegram..)
• Know your plans in front, you need to know what is your goal (when you want to go in and out), risky or safe.
• Don’t worry about getting into small exchanges but always HOLD in your wallet, exchanges are never safe.
• Don’t chase the big ONES they are already big.
• If you are in rush to buy something before it moons then don’t because it probably will go down, and you never need to feel rush to invest into anything.
• Value your profit according to BTC & ETC’s rate.
• Avoid daily trading, it is rarely to profit like that (especially in the cryptocurrency). You are not different!
• Don’t buy all at once, try to buy at some parts to make sure you buy at the best price you can. (25%, 25%, 25%, 25%)
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I may not be Satoshi Nakamoto that’s for sure. I am just another person in this huge industry but I think a lot of people can agree with me and I want to get into the specific details. There are some things that should get the main focus for a better future of the industry. We all strive for a high-quality technology to make everything easier to use and comfortable in order to approach a bigger audience, the final goal is to let every single person in the world access to the industry, to a valued money; that’s something important and that’s why cryptocurrency (Bitcoin specifically was made). Although the cryptocurrency technology and industry has a huge daily growth that we should really appreciate because a revolution popped out and we should get on the wave. If you are reading my post I guess you are already on the wave. So, what is actually cryptocurrency? The cryptocurrency we are talking about is a type of digital currencies but unlike other currencies, this one is using a decentralized control. What does that mean? Unlike USD which controlled by the government how much will be printed and by that controlling its value. Cryptocurrency usually has a maximum limit of supply and for example, Bitcoin has an organic growth pretty much like gold and there’s 21m max supply. So we can agree no one is actually controlling the cryptocurrencies (most of them) and there’s a limit supply, even Satoshi Nakamoto has no control over Bitcoin. There will be 21,000,000 bitcoins and no one can do anything about it. All those millions of bitcoins decentralized all around the world and they are all relied on a decentralized blockchain that is running on many computers all around the world and making it updated every second. So decentralization, that is something that should be appreciated; that is most important in my opinion. We, millions if not billions of people own the currency and not corporations, government or banks and that thing is priceless. So that’s why I decided to write this post. We are talking about decentralization but there’s a problem that prevents us from a pure decentralization. What is it? Exchanges! Only Bitfinex hold 1% of the Bitcoin’s supply which is way too much, instead of decentralization we see a centralization over here. By doing that we are giving too much power to the exchanges, if your money is stored in exchanges you practically own nothing, because no key is under your ownership and that’s a big problem. Big exchanges were hacked and a huge amount of money was stolen, things like that can happen all the time and that’s something the cryptocurrency should focus first, decentralized exchanges should be in the first priority in my opinion. What is a decentralized exchange? A decentralized exchange is an exchange market that does not rely on a third-party service to hold the customer’s funds. Instead, trades occur directly between users (peer to peer) through an automated process. This system can be achieved by creating proxy tokens (crypto assets that represent a certain fiat or crypto currency) or assets (that can represent shares in a company for example) or through a decentralized multi-signature escrow system, among other solutions that are currently being developed. (Paragraph copyrights belong to CryptoCompare)https://www.youtube.com/watch?v=l8XNRTfPgZIThe CEO of Binance, Zhao ChengPeng talks about his vision for the future of the cryptocurrency. I recommend you to watch this video, a lot of essential stuff. CZ mentioned interesting stuff, none of the current decentralized exchanges can survive such a big scale, enough to become a big exchange with millions of users. That’s a big issue, as I said ‘top priority’ in my opinion. Anyway, Zheo ChengPang already stated once there will be a proper candidate they will string to become a decentralized exchange which it’s perfect to know; the hope is that it won’t take too long. So why not decentralized exchanges? Why is it not in the first priority? First of all, there’s not a proper blockchain enough according to CZ’s words and also it is not profitable enough for most of the exchanges unless you are a really big exchange which is still profitable but not like a centralized exchange. Anyway, so my say is that big decentralized exchanges with proper pairs are missing. And every cryptocurrency holder should strive to hold his own keys even in exchanges (that’s what decentralized exchanges for) for a maximum safety because safety is above everything. For now, I suggest you hold your cryptocurrency in your own private keys, most recommended is Ledger Nano S but not the only alternative so you don’t have to pay for an alternative. I’m wishing you and the cryptocurrency industry the best and we are all hoping for a better technology this year |
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Hello, recently I saw people who have a lot of passion and just hungry for some knowledge. I guess, hunger and drive for success and knowledge is a healthy thing, I mean I fully support this. But sometimes the will isn’t enough and you need to know HOW. So today in order to get you deep into cryptocurrency first you need to be part of the community. You need to know the jokes, the demand and the biggest threats (aka fear) so we can agree you need to be one of them those cryptocurrency zombies (aka me). It’s all about getting involved and updated, cryptocurrency world is working a little bit different, today you are rich, tomorrow you are poor and so it is the opposite – correct?
You need to have at least twenty minutes a day for the cryptocurrency (if you are into this), although I spend at least two hours a day but because I really enjoy it and passionate about this so I guess that’s not for everyone. Now, you got those “twenty minutes” where do you spend them? I will keep it short and focused because I less care about the length of the content and more care how quick you acquire this knowledge so let’s begin.
There are plenty of websites but first, we will begin with the social media, I personally think that Facebook groups are most of the time a waste of time but it depends on the group and sometimes you can be a part of a high-quality community. The star of the platforms is Twitter so I believe a Twitter account is a must thing, then you need to follow essential accounts (unlike me) such as Charlie Lee, Charlie Shrem, CoinDesk, CZ and you other favourite highlight people (I personally like to follow exchanges or big investors).
After we covered the socials media, we will move into the other necessary websites I visit every single day.
Let’s go straight because I don’t want to get you bored.
/r/Cryptocurrency – the most populated sub-reddit about cryptocurrency, an active one with a lot of useful information that can be essential and one piece of information there can change your level or your luck.
Bitcointalk.org – I don’t know why but this forum isn’t getting enough credit for what it is, such a great forum with so much knowledge and things that can help every single crypto enthusiast, so I highly recommend this.
CoinDesk – I don’t know why this is where I like to read the news.
By the way, I also want to suggest you be involved in Telegram chat communities can be very helpful and entertaining, just join projects you believe or big projects you admire because it can be very helpful and great opportunities pop there so don’t miss this out.
So, don’t underrate this post. I hope you produce the best from this short reading.
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Blockchain and cryptocurrency are considered to be two different things. A blockchain, originally block chain, is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block typically contains a cryptographic hash of the previous block, a timestamp and transaction data. By design, a blockchain is inherently resistant to modification of the data. & A cryptocurrency (or crypto currency) is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. Cryptocurrencies are a type of digital currencies, alternative currencies and virtual currencies. All credits are going straight to my homie aka Wikipedia. So yea, blockchain and cryptocurrency; some people find them very common and some people find them very separated. In the next coming years, plenty of technology will be based on the blockchain which is a wonderful and a great solution to our modern world. I find it a revolution in the technology, cryptocurrency is apart of revolution in the economy. Because after all, no one should have a control over money. Money MUST be decentralized owned by everyone and no one. So, you are finally asking. What is the point of this post? No problems folks! Let’s go straight to the topic. I’m going to talk about the development, not necessarily the coding development. People saying this every year “the next year will be the cryptocurrency year!” but that’s not true. Revolutions aren’t happening by a second, a day or a year. As we all can agree the internet is improving itself from 3G to 4G and so on with the years so the blockchain and the cryptocurrency is. What I am trying to say is, Blockchain and Cryptocurrency, both of them. Will adopt the world’s behaviour with the years, it might take over twenty years and even one hundred but eventually, it will be mainstream and used every day because it’s the best solution we got right now and we can’t avoid that. It will not happen in a year, no matters what will happen. This revolution will take at least ten years to become obvious everywhere from Africa to America. Yes, Africa. That’s all the point of cryptocurrency, decentralization. But in one hundred years, our children will look at the past and ask themselves. How the hell people used cash and the current banking system. Exactly like we look at the past and wonder how people hundreds of years ago used chocolate as a currency? It’s true, google it. |
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Twitter has a lot of influence on the cryptocurrency community and I think it’s a must being involved there. Eventually, you don’t have to post anything just get updated by important people that can bring you essential news and information about the cryptocurrency and all around. So my top ten influencers that I believe you should follow Twitter are: #1: Charlie Lee [LTC] (@SatoshiLite) ( https://twitter.com/SatoshiLite) Charlie Lee is the creator of Litecoin but mainly known as a huge influencing personality over the cryptocurrency community with more than 700k followers and regular tweets every day with a helpful information. Unlike other famous personalities, he is very involved and may answer your questions sometimes even if you are not so lucky. I’m really glad I’m following him because so far I learned a lot by just simply reading his tweets and whatever resourceful information he’s sharing with his followers. So yea with no doubt I’m telling you to follow this fella! #2: Erik Voorhees (@ErikVoorhees) ( https://twitter.com/ErikVoorhees) Erik is the CEO of ShapeShift, a big part of the community with plenty of resourceful information. I really can’t explain how big this guy and helpful, he’s like my mentor without even knowing me at all. He shared so much information that fixed so many mistakes I had in my mindset, I’m really speechless and can only grant this guy. You also may visit his blog: http://moneyandstate.com/ (highly recommended). I think if you are seeking some information, a ton of helpful information to expand your knowledge then Erik is one of your solutions for sure. More people like him should be involved in the crypto community to raise the quality and make information way more accessible for anyone that wish that for. #3: Changpeng Zhao (@cz_binance) ( https://twitter.com/cz_binance) CZ is the CEO of binance.com; I guess you all already know him because making the biggest exchange right now with the huge demand and millions of users in only 7 months which is pretty amazing. You need to be really smart and special to make such a huge thing in less than a year, that’s not obvious at all. Such a successful person with a huge vision, something that should be appreciated a lot because I believe this man will take a part of the future improvement in the cryptocurrency and the blockchain specifically. People like him, make the cryptocurrency, blockchain and exchanges improve themselves every single day with their vision (enough is never enough), encourage the community and other people to put some effort into this and get things better. I’m really inspired by this person, no doubt. Without even talking about his integrity, and I’m speaking about the CEO of the biggest exchange it’s really exciting to know that a person with a lot of integrity is standing behind Binance, frauds are the last thing we need right now on exchanges. So I think his news and tweets are very powerful and should be heard out by every single person that is involved in the cryptocurrency and blockchain industry. #4: Charlie Shrem (@CharlieShrem) ( https://twitter.com/CharlieShrem) Charlie is a Bitcoin pioneer. For real, he’s the new founder of CryptoIQ.co and also you may visit his website: CharlieShrem.com for further information. He also was the CEO of BitInstant, he made some serious mistakes but eventually, he paid for everything and took a huge part of the Bitcoin revolution. He is a founding member of the Bitcoin Foundation, what does that mean? He actually was in touch with Satoshi Nakamoto (through the forums of course). Anyway, nowadays I find him most interesting for his ICO advises and inspiring talks on conferences; he became a better person with a bigger goal to expand the industry and make it more recognized to the rest of the world. I also recommend you to watch “Banking on Bitcoin” on Netflix, I enjoyed every single second of this documentary. #5: mocho17 (@cryptomocho) ( https://twitter.com/cryptomocho) Mocho is not a big enough personality for the cryptocurrency community. He has a little bit less than 100k followers and I think he deserves much more. Honestly, I don’t know too much about this person but I do read all his tweets and enjoy what I see. This guy has a great unique vision with focusing on small unique things in the community such as master nodes (which isn’t known enough) and taking a big responsibility himself, I think he deserves his credit and a cheer. Technical Analysis person with amazing expanded knowledge that can help and teach many people. Anyway, that’s pretty much all. Most of them are already famous but I’m glad I made a proper list for whoever that seek for. This post isn’t going anywhere and newbies will always come and know the right people to follow. Except for those five top personalities in the community, I would like to add more some people to follow without any further information. Follow @Excellion, @RogerKver, @WhalePanda, @IOHK_Charles, @Brian_Armstrong, @aantonop, @VitalikButerin, @ZeusZissou, @CryptoYoda1338 |
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Recently, I have noticed much hate against shitcoins. I totally get that, so many ICOs stealing money and giving nothing in return. Just pure greed by so many people, making over 1,000 cryptocurrencies right now according to CoinMarketCap. At least 95% of them will not seal in history or even survive but does it mean we don't need? I mean if Bitcoin was the only the currency in the market how could we know if it's good or bad. If Usain Bolt was the only runner on the field, how could we know if he's fast or not? We must see the bad to know what it's good. Someone once told me "Only in the jungle lions grow" meaning that we need the crypto market to be a jungle to see some lions such as Bitcoin, Ethereum and etc.
Eventually, it's our choice if we want to fund those ICOs or not. We decide if we believe in this project for a change or not. A lot of money will be lost in the crypto market and that's obvious, like the fact that so much money is made in the crypto also the opposite. If people rather take risks and choose random ICOs it's their choice or even coins that offer nothing special than the other competitors. It's all about comparison, right now we see so many awful coins but in the long-term future, we will realise that it made big legends more determined. Looking at Bitcoin, Ethereum and Litecoin doing this all those years while some coins rise and some fall it's showing how good and stable those coins are. If we want for mass adoption around the world the real coins need to surpass many more, and only after many years of progress and proving themselves again every time then they will become a currency, a real coin.
What I am trying to say is that shitcoins are here and they will be here and I won't be surprised if there would be above 10,000 useless coins and so on.
Because eventually it doesn't matter all the noise and it only matters how the strong coins keep going forward and adopting many targets every time.
And those lack of future coins will fall anyway so our job is to keep focused and let everyone opportunity to prove themselves, technology is the thing that matter and if you can produce you are fitting into the high class and if you can't then you are just a garbage but nice try anyway.
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The crypto market is a big mess right now. Where there are many true legends who will keep a seal in history, there are so many more fake ICOs or even high-value ICOs who promise a technology. Their vision might be huge, like changing the world, bringing something new. But it's all about one question, where is this technology? You can't trust people over the internet if someone says he wants to make people fly he needs to bring a practical technology.
I don't care if the market cap is above 100m or even 1b. As long as there's no technology yet, you shouldn't put your investment for the long term. It's a really high risk, more than you can imagine. Right now this market isn't really different than the startup worlds, 95% of them fail. The problem? Through the crypto, the market is way easier to invest, so it's really easy to get tricked because the average person takes his saving and going to the crypto market thinking he will conquer the world but he's no different from thousands of people who lost their money. Right now, most of the market is all about "vision" and promises and the fall will not happen today or tomorrow but you will not make a profit in the long term, nothing can succeed with only a vision; you need to bring something, a product.
According to CoinMarketCap, there are 1564 cryptocurrencies right now. But how many of them are a proven technology? Let's bring some examples. While many tokens and platforms promise a technology that will happen in 2018 or even 2019 that will be at a world level scalability. There's Steem which is already working with many users on their website make plenty of articles every day and keep growing. I'm not an investor of Steem, I'm not a fan of them but Steem compared to so many other "startups" in the market actually bring technology. I believe that no "startup" or company is supposed to ask any kind of amount of money, especially not from the public (Big investors know what they are doing) as long as they don't have at least a beta version which can be used by the public. Don't let the speculative market trick you.
Crypto investments can a great chance for you and any other person to make his own profit with smart investments.
Bringing the opportunity to invest from your home with your laptop with your money and who knows? maybe become rich. No one can guarantee you what will make your rich or grow for sure because that's all the point of investments bringing the unknown. But I would definitely tell you from projects and ICOs that are trying to market themselves before even having an actual product that should be the first priority no matter what. Because we are all here for the new technology, the reason Facebook, Microsoft, Amazon and Netflix all succeed is because they all brought a new fresh technology, startup, idea that was actually working and can be used by the public. I am not talking about the final version of the product but Beta Version at the early stages is a must in my opinion. The more, the better.
Eventually, we are living in a dirty world. And people will not mind to take off your money and use it to buy themselves a new house. There are plenty of frauds, scammers and people who just want to get money without giving anything back in return. And I will be honest with you, some of them are really smart and some of them can be at the top of the charts. Someone who is tricking you isn't only a person who takes your money and run away, it's also a person who speak all day and talking about his vision but no real intentions to bring the actual product, knowing he can't make it but still going on the unknown path because it's all about the money. Because something is in the top 100 of the CoinMarketCap, it doesn't mean anything. I honestly can tell you that at least half of them will not be there until 2020 then do your math. We think things are obvious, but billion dollar company with no actual product and only vision and "blah blah blah" is a theft. When you worth a billion dollar, you should have much more than just a vision, a good looking website and a well-written whitepaper.
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I'm a bit curious. How marketing dApps look like? It is quite different from ICOs since there is no crowdfunding or token sale, or tokens at all.
Just marketing your dApps (products) to the community.
Any tip and ideas would be very appreciated.
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Centralized Bitcoin would be limited supply by the banks and the government and I think it would actually success faster than the actual Bitcoin and would already catch a mass adoption by millions at some countries due to way better regulations and partnerships with central banks but I think it wouldn't be a "revolution" such Bitcoin is. It wouldn't be game-changing in our economic system so it would be just a waste idea but it would be quite funny to see the government and all the banks trying to convince us to buy Bitcoin.
Bitcoin is what it is. But what would it be like if it would be centralized, managed by the government and central banks?
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We live in a word with over seven billion population. There are so many people that you can't even imagine. So many different cultures, countries, rules and appraoches. Eventually, we are all human and living by a money system where you work for something and this something most of the time called money and with money, you can trade whatever you are looking for if it's food, clothes or anything that basically exist. By that, money is playing a huge role in our world. There are trillions of dollars, unbelievable amount of debts. But I went too far, let's go to your country. Let's say the USA, there are hundreds of millions of people who use the currency called dollar every single day to live. They work for it, they pay with it, they can't live without this. So something like the dollar with such a huge power, why would it need to be under control? With this thing, you can kill, change and build empires. No one including the government and especially the banks shouldn't have control over how much and how many dollars should be.
Decentralization. Once there's decentralization, no one has ownership of the currency. No one can control and ruin millions of people's lives. That's why it's so important. Money? isn't owned by a single person, corporation, bank or anything like that. Money is held by us all the citizens of the country. Hell it, all the people over the world. It is so decentralized that no person should even have more than 1% of the currency. It's like air, we all need it and we all have it some of them less and some of them are but we are all equal, no hierarchy. This decentralization gives equal rights to everyone. We, the average person bring power to banks and governments that they don't need to have. We need to pay taxes, but no one should get the power of controlling the money supply. No one obviously also should have the power to delete a debt. The money system, the supply should belong to every human on this earth. Centralization is the killer of equality. When I hold 50% of something I can kill it, I can ruin it, I can take it to the moon, I can do a lot of things.
Not only money but anything which has such a powerful influence on people should be decentralized and belong to the public equally.
Of course, at those moments we don't have pure decentralization, but that's should be our vision. That's should be what we are aiming for.
Becuase if you want to have a healthy money system with a pure kind you need a decentralization.
I would like to hear your opinions on this topic.
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I hope you are doing alright. So I'm writing this thread especially for me to get it all out but I hope it will reach to some other people who will find it valued. For the last few years, I got serious about economics and crypto itself, I guess it's my passion. I find everything about money, economics, technologies, companies, crypto and many more very interesting. So I decided to try my luck, to go for this. I acquired a ton of knowledge, I followed the leading personalities in the economics (not necessarily crypto) and learned as much as I can. I spent months of reading because I really enjoyed it. Eventually, no regrets. So what I am trying to say is that I told my self to get into crypto as part of investments and then move to the stocks exchange but crypto as a start. My mistake? I convinced my father to hand my few thousands to invest into cryptocurrencies, and honestly, I wasn't wrong; my actions were. The problem is the huge need for immediate satisfaction so I couldn't really HODL I guess and lost almost all of this. What I am trying to say over here. That, those investments are based on a lot of speculation and knowledge but not only. Sometimes no matter how a product is good, the team is doing great and everything is perfect. Sometimes the market itself isn't perfect. So I'm trying to tell you KNOW YOUR LIMITS. Why so? Due to the high volatility (10% up, 10% down), I got addicted to this and all I wanted is to make 2x. I felt it was so close to me (to be honest if I wouldn't touch my money and just HODL almost no matter at what coin I would at least 3x). So I changed from a coin to a coin was looking for the closest pump, for instant profit I wanted it so hard without noticing I am losing very slowly. The economy is a very complicated thing, I kept watching multiple long videos about the economy to look what I missed. I am just a small letter in the whole bible, so I guess it doesn't matter. People believe they are different, but usually, they are not. Plan a strategy and more than all, be patient and do not let emotions or urges get into your actions. Investments could be very nice but sometimes risky and harmful. Cryptocurrency, for example, brought the good thing, made every single person from his bathroom to invest and become a millionaire; that's a huge great thing but if you don't follow the basic rules it can be fatal. In conclusion, don't put yourself above other traders or investors. Don't fall into the deep water. Actions should be taken very carefully and after a long smart thinking. I wish you the best!  |
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Aye, so my writing services are available. My work: http://cryptobuza.com/For further information ping me on telegram @cryptobuza |
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It can be a hardware wallet or a miner machine or whatever... Just share with us!
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While commenting on one of threads over here. A really interesting thought popped into my mind. What will happen when there will be coming a huge war?
Even a World War III? Will Bitcoin pump or dump? What role will Bitcoin play? We all know the economy and the currencies are very vulnerable in wars.
I would like to hear some interesting thoughts, even maybe some full detailed articles? Anything would be very welcomed.
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Anything, from little facts to long complicated technology explanations.
I truly want to learn some interesting things from different people, I'm ready for surprises.
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