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1  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Tha best undervalued projects at the moment in the crypto world on: January 29, 2018, 06:21:07 PM
Enjin is the most undervalued. They have already delivered the most secure mobile app and their minecraft SDK is due to be released any day now. Marketcap of only $200M for a business model that will open up the entire virtual world to secure and easy real money trading.
2  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin going down on: December 22, 2017, 07:22:18 PM
Bitcoin going down and down, current is $11,833.00

Any idea where it will stop and what is the reason behind this massive dump.

It is still up on a month ago, the reason for the dump is that it just went up too much in a short period of time. I think the dump has ended but I would invest in ethereum rather than bitcoin at this point.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Which Alts to Buy right now on: December 22, 2017, 07:13:31 PM
Ethereum has dropped more than bitcoin in the last 24 hours yet this fall in bitcoin price is an opportunity for ETH to take over. I would say this is exactly the right time to buy it.

I wouldn't recommend any of the other coins in the top 10 or even top 20 but some smaller coins have potential, especially ERC20 tokens that are developing apps which have real world utility.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Ethereum: Welcome to the Beginning on: December 22, 2017, 06:39:27 PM
Guys this correction is just healthy. I would be really afraid if there would not be any correction at all... Just think about it, if it rises to such highs then there will be hard correction.

Exactly, the rise was approaching mega bubble proportions and now the correction means it can go back to a more acceptable pace of rising value. As others have also pointed out there are so many projects being developed on the ethereum blockchain and as they deliver their products, there will be more and more demand for ethereum.
5  Economy / Economics / Re: Bitcoin is still up over 50% over the last month so why the panic? on: December 22, 2017, 06:30:51 PM
Clearly a correction was necessary because bitcoin's price went up too high and too fast. People still panic however I think mostly because they don't know where the bottom will be, if its above 10k then people will forget this dip as all the others before it but if it somehow happened to drop below 5k then it would be a real issue. Yes it would still be up on the year but the vast majority of people bought their bitcoins in the last 2-3 months.
6  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin is going down? on: December 22, 2017, 06:26:51 PM
The weakening of the virtual currency, Bitcoin is thought to be due to the booming influence of Bitcoin Cash (BCH), one of the cryptocurrencies that has recently started to affect the market. Bitcoin Cash price increase trend, according to him, one of them is caused by the transition from Bitcoin owners to Bitcoin Cash. Bitcoin's price decline follows supply and demand laws, while Bitcoin Cash has the opposite.

No one is moving from bitcoin to bitcoin cash, certainly not institutional investors, merchants or exchanges. The cause of the price going down is just ordinary speculation since it moved up much too fast and in fact bitcoin cash dropped more than bitcoin in the last 24 hours.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: EtherDelta! It's not safe anymore !? on: December 22, 2017, 06:24:16 PM
The main thing I got from this is that the etherdelta smart contract still has not been hacked so it actually is safe to trade there. The only thing that was vulnerable was their website itself and has others have pointed out using metamask would have prevented this problem.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it worth to Hold these on: December 20, 2017, 06:35:01 PM
Good choice eth, and xrp more likely if btc will dump it is time for altcoins to shine. Eth and xrp are best investment most users invest on these coins. Because of a huge chance that we can earn gain in return.

ETH yes but XRP isn't a real crypto, it is just a centralized currency which still has most of its supply unreleased and it doesn't even have any good decentralized features whatsoever.
9  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BITCOIN or ETHEREUM? on: December 20, 2017, 06:28:36 PM
Ethereum is going to be left behind by Cardano and Eos because of it's poor scalability so I won't buy that one but bitcoin will always be in my picks.

Once Ethereum implements proof of stake next year it will be more or less infinitely scalable, in addition whenever the network gets congested miners raise the gas limit per block so it is already semi scalable right now.
10  Economy / Speculation / Re: If you knew Bitcoin would never change in value, would you buy it? on: December 20, 2017, 06:24:32 PM
If it were guaranteed that the price of bitcoin would stay the same as it is today, would you still buy it?  My guess is, the answer is no. But if its value lies in being a currency, price stability is essential. And if your answer is no, how is it then not just a Ponzi scheme? In other words, everyone is buying it on the hope of someone paying more for it in the future, not to use it as a currency.

It is currently unusable as a currency for ordinary purchases, with the high fees you need to be spending a lot to make it even remotely worthwhile.

So yes my answer is no, I'm buying bitcoin for its future value and possibly for its utility if it improves in the future, but I am more bullish on altcoins which actually do something useful.
11  Bitcoin / Bitcoin Discussion / Re: Why is bitcoin the most popular cryptocurrency? on: December 20, 2017, 06:21:39 PM
I believe that they're popular mainly because well it was the first of all cryptocurrencies to be made. Honestly most of the other coins are scams and greedy ways that the developers make money. The only other coin I can think of that isn't a scam are dogecoins! What do you think?

Bitcoin is considered to be the most popular because it led the whole crypto world to expand. It is the first crypto and the fastest growing currency in the history. Many people support it and it is still growing. It's core purpose at first is to make a currency for the internet but the hype exploded later on when the price starts to grow.

It doesn't mean it will always be the most popular though, altcoins continue to innovate while bitcoin is still only riding the mainstream adoption wave. What happens when mainstream realize ethereum or monero is better?
12  Economy / Economics / Re: Still Buying Bitcoin at $100K? on: December 20, 2017, 06:18:48 PM
If the bitcoin reached such a sum it would be a pity if it was reserved only very rich person

Why would it be, people can still buy and trade in satoshis instead of full bitcoins. Some people still don't seem to understand this, it is more or less infinitely divisible.
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: December 20, 2017, 06:15:00 PM
Bitcoin Cash has reached a new all-time high today, rising above $4,000  in a very first for the barely four months old digital currency.Gaining a market cap of $70 billion, it is now just $7 billion away from overtaking ethereum.Much of that volume comes from South Korea’s Bithumb, handling $2 billion, while Bitfinex’s USD (USDT?) pair handles another $1 billion, followed by the BTC pair at around same levels.Bitcoin Cash is operating smoothly without any congestion and fees at pennies, and while some have suggested litecoin as an alternative.

Its quite amazing but they have been much higher in the BTC ratio in the past. I think the current pump is all due to coinbase and the price will roll back a bit in the coming weeks before resuming its normal trend.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: Why people try to create their own coins? on: December 20, 2017, 06:08:04 PM
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin

Reason why so many people create their own coins or tokens i think it just for quick $$$
of course, most of them project just alive for 2-3 month and then gone...



Exactly, I dare say 95% of all ICO are a scam in order to get new funds. Just wait for when the market turns to a long term bear mode and these scams will probably die out. It's just unfortunate for all the money people will have lost on these useless projects, hopefully going forward people will get more serious on due diligence and really scrutinize all the new coins popping up.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: If you had $50, what would you invest in? on: December 20, 2017, 06:06:00 PM
Would invest in a promising coin with a small value - Ripple, Stellar. For a long time in Bitcoin, Ethereum, Bitcoin Cash.

Neither Ripple nor Stellar are small value, both are above $4B marketcap. There is a huge difference between low value per coin and total market cap. The only reason these 2 coins are "cheap" is because the supply is so big.
16  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Be patient for your profit on: December 13, 2017, 09:20:39 PM
Depends on the coin, if you wait the long the developers will dump and run away with your coins! Assuming you have picked a good one with a good solid team then yes patience is the key. Give devs time to produce the product and then you will see a big price rise.

Or the product will turn out not to be as good as they advertised. The thing with most alts is if you cash out early you have 0 risk to get your profit whereas if you wait too long a competitor may pop up or the team turns out not to be able to deliver as much as they promised.

Even good teams with good ideas can fail.
17  Bitcoin / Bitcoin Discussion / Re: Have You Been Scammed? on: December 13, 2017, 09:09:12 PM
I just came over from the 'Investor Games' subforum (hope I got that right). A guy there said he came across a site asking to double his bitcoin, he paid in $20 and got $40 the following day or so. He then went for a higher plan of $300 hoping to cash out $600 but they asked him to pay in another $300 before cashing out. He got confused and was asking for advice.

I think I've been there before. Before I became a forum member. I once came across one of those scam sites promising to generate bitcoins. Thought it was real, but when they asked me to pay some transaction fee, I was stuck. I had no money to pay the fee. With the benefit of hindsight, I know I'd have sent them the 'transaction fee' had I had the coins to send them.

Now, what have been your experience with internet scams?
How do we help people not to get scammed?


If it sounds too good to be true then it always is. You can't just double your money so easily by joining a pyramid scheme. Typically they pay the first people who put in small amounts in order to lure in the bigger deposits.
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Bitcoin Uranium- Make Bitcoin Great Again on: December 13, 2017, 07:52:59 PM
I think I'm going to make a fork of bitcoin soon and call it bitcoin fake because that is what all these other forks are.

I guess I can't complain though it's free coins even if it turns out to be worthless or useless.
19  Bitcoin / Bitcoin Technical Support / Re: £5 fees for a £2 transaction? Bitcoin newbie confused! on: December 07, 2017, 01:29:37 PM
Hello everyone,

Thanks for taking the time to read my question Smiley

I just transferred £2 worth of Bitcoin with my coin.space wallet, and only after it had happened noticed I'd been charged £5 in transaction fees!

Does this seem normal to everyone?

I don't know much about that wallet but generally web wallets will charge a fixed fee in bitcoin regardless of the transaction amount (as others have said). If you are more patient to wait more than 1 blocks worth you should choose a wallet that lets you set the fee, then you can set it low (check https://bitcoinfees.earn.com/). You can set much more appropriate fees, but the drawback is you will have to wait a long time for the transaction to go through.
20  Economy / Economics / Re: How much money is needed to manipulate Bitcoin's price by 1%? on: December 07, 2017, 05:48:33 AM

~snip~

manipulating the bitcoin market by 1% does not make sense and totally worthless at all. you cant get any incentives just by doing this kind of insane idea and you would'nt really notice if your manipulation is a succes or not due the fact that its only 1%.


You need a lot of money to manipulate the price of bitcoins. Hence difficult and only billionaires just do it. Similar to BCH that Roger Ver's price is successfully pumped. He sold his bitcoins so that the BCH would increase the price so we have seen recently the rapid rise. Of course, when he earns. Surely many people will be affected.

lol, op is talking about 1% only and not the whole market. there's nothing difficult about it and you can still do it even if your not a millionaire.
You can't move Bitcoin by 1% without several millions. The volume is way too high for that.

Well you could move it by 1% on a single exchange, but to move the whole market by 1% u would definitely need at least tens of millions of dollars.
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