Hey guys, I'm doing a little research now about using cash (paper money) for direct buying or selling crypto in different countries and I need your help. Could you share please your experience of such deals in your country? In what way are you doing this? And what were the problems or the advantages of this way? If you can, please tell about which country you speak, then this research will be more practical. The results of this research can help improve Dether dapp ( https://dether.io/) the beta release of which will be in the coming days. The main strategic mission of this project is the breaking barriers to the mass adoption of Ether and crypto in general. The team believes that a convenient, mobile, decentralized, p2p way to buy and sell crypto for cash is able to significantly contribute to this and their opinion is shared by Consensys in the person of Ethereum co-founder, Joseph Lubin, which support them. I'm also long-standing and sincere contributor to Dether and I will be grateful to you for your help in this research p.s. Recently, Dether team interviewed citizens of ten countries to learn how to deal with the purchase / sale of crypto in general, in their countries. If you are interested to know what crypto enthusiasts from Tanzania, Czech Republic, Senegal, Vietnam, Congo, Philippines and others countries talk about it, you can get acquainted with the results of the interview in this Medium article https://medium.com/@DETHER/the-good-the-bad-and-the-ingenuitive-what-it-is-really-like-to-buy-and-sell-cryptocurrency-8fdfbfc2aee7. In this thread, as you already understood, I want to learn about the ways of buying / selling crypto directly for cash.As of now, I have only sold crypto for cash. Buying cryptos is much work but I might do it in the future. Anyways, selling crypto for cash is like selling a product then earning an exchange from it. Here in the Philippines, I already bought clothes and wrist wear as a salary-like from selling crypto. And it is pretty good. It might take too much work but it is worth it.
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In your opinion when do you predict alt coins will be stable again?
Maybe 1 month from now? Considering the fact that it will be summer and many people will have a lot of free time for monitoring the market or even joining the crypto world. That, I guess, will be a huge factor for our much awaited growth.
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Bitcoin keep on falling down and no sign of raising. How long can we keep holding?
The constant talks of bitcoin falling and falling makes me actually rethink about holding bitcoin. I do have a huge optimism for the cryptos to break through obstacles and be a success but I guess it is also because of the real world market also falling (from what I know). We should just be alert and more observant from the graphs of the crypto market. If bitcoin will show no chance of raising then I guess we should sell it. But I still do not know.
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Age really doesn’t matter. I am a teen myself, well a young adult now, but curiosity can be a way for awareness and educating themselves. Not unless they don’t apply caution, they will be in much danger. Even adults can be in danger so it isn’t really from the age. If a teenager wants to invest in cryptos, let them be. We just need to be assured that they are educated well about crypto.
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Prices are low and it is presenting a good opportunity ... are you excited about the situation? how do you exploit the retracement to your advantage? Some investors are worried, but many of us are doing great business and will continue to do so in the coming days. Which of the purchases of these days made you happier? did you do it on new products (new to you) or did you recover something that you missed in the past? What are you keeping an eye on and hope to take during the next days?
50/50. Half excited, half not. Lower price means more investors and probably scammers (looking to the negative side of it). And bigger companies can buy the actual crypto so that I guess is scary. But lower price means affordable for us to buy. So yea, a 50/50.
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Crypto right now keeps on increasing its value and its very volatile as well. There are so many more rules and regulation are occurring against cryptocurrencies.
Do you think someday cryptocurrencies will end? Is it too late to invest? Is there a chance cryptocurrencies will be more down? Do you still beleive in crypto? What is your favourite Altcoin?
I still believe in crypto, that’s why I am still here, despite of the some getting hopeless from bigger companies like Google’s overthrowing remarks and the lowering of the market. Violations on cryptocurrencies only happen because the security is still not that tight. In the future, security will be higher and people might believe in cryptocurrency’s potential to the real-life economy.
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Currently I own a lot of altcoin, I bought them at ico. My account is being downgraded several times. There are many people who say bitcoin will continue to decrease, so altcoin prices also decreased compared to USDT. So now, should I sell them and wait for the price to buy back? Give me advice From what I know, I think you should hold your altcoins. For optimism to the altcoin business too. If you sold it immediately, chances that you’ll sell it at a lower price, because price shifts either high or low may come. And don’t be discouraged from low price shifts.
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I was wondering, why a lot of projects don't have such an important thing for a successful ICO as a product.
When a company has a product it means they have it to develop. In such case, a company shows why they need ICO and how the company will be growing. What is more, there is more trust because a company has experience in a field they are working.
For example, KickCity company that exists two years. KickCity an event platform that generates revenue and has a Helsinki government grant. KickCity needs ICO to make business bigger and to become a decentralized platform where every user is rewarded for ticket promotion.
On the other hand, no product ICOs can prove their success just in theory. There is no proof base that product will be developed and will be working right.
In such unstable industry as ICO everything has to be under control. The product is one of the things that shows the campaign is not a scam. That is why I believe it is better to invest in ready-made products ICOs.
I do agree that products are essential for ICOs, less-scam wise and some sort. And in addition to your statement, ICOs are (in my opinion) totally dependent to the product they are endorsing (my choice of word might be wrong). Companies do get successful because of their products, and people who want to invest in company ICOs will surely invest to the best product that is developed.
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Yes, the END of cheap, great quality crypto is NEAR. Once Amazon.com adopts crypto, the masses will fully awaken, and will come pouring in. Get your crypto now, my timeline says in February Amazon will launch something MAJOR, and this article supports my conclusion: https://www.zerohedge.com/news/2018-01-22/could-amazon-be-gearing-cryptocurrency-exchangesOnce the largest American online retailer fully supports crypto, the FUD will no longer be as effective in tanking the markets.... you will never again see a time to buy such great quality crypto. If Amazon will in fact adopt with crypto then I suppose that's a good idea when it comes to the graph of crypto market will be raising, not lowering. However, I guess it will still not be enough for crypto to become a great investment system in the future, not unless no company or country will reject or ban crypto. And by the looks of Google and Facebook's plans, we must still be cautious. If the crypto will not be cheap anymore, maybe Google and Facebook might adopt with crypto too? Great quality, not cheap but high priced. I guess crypto future must be in our hands?
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During last time do a lot of bounties and get some different price. its near 17 numbers and all price according to the market no more then 350 USD for all... What you should recommend to do with this coins?
The current thing I have been doing with altcoins is to save and save and most importantly, not sell immediately. Being that, if I have earned a numerous amount of altcoins, I'll be applying my savings to the real-life. Pay, buy, do whatever I want. Just what an ambitious person would do when it comes to money.
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Google be banning crypto ads as a way to propagate anti-cryptocurrencies, since they're a huge platform for attaining information. Maybe Facebook and Google are agreeing to impoverish and extinguish cryptocurrencies or else they'll go bankrupt. This is the reality of market competition nowadays. Rich want to get richer, and selfishness can also be implied. Us, crypto investors want to earn money too, though.
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Ethereum is down 0.75% to $594.96 today as of this writing. Could you share the reason behind this price drop? Thank you. Source: https://coinmarketcap.com/The reason why ethereum's price plunge was because the bitcoin's price dropped. It was obvious that ethereum is dependent on bitcoin's price. In my opinion, I don't really think that ethereum will die because before it happened, the other crypto coins with lowest price will be the first one to die. Another good thing is that most of the tokens of ICOs are compatible with ethereum which means that it has lots of supporters.
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Hello Folk, is it the time for ethreum to lead from the front ? As bitcoin is going through rough ride along with other altcoins but ethreum is turning out to be more stable platform for investment and also new ICO's are based on ethreum. Do you think Ethreum will dethrone bitcoin from 1st rank of crypto this year?
I know that ethereum has the second to the highest value in the crypto world, but as of now, it is really hard to think that ethereum will be the new king of crypto coins because when the bitcoin's value dropped it also dropped too which made me think that ethereum is dependent in bitcoin. The good thing about ethereum is that most of the ICOs are supporting it due to its compatibility with their tokens.
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Bounty or Airdrop? what is the most easiest way to earn tokens?
Actually, I will choose bounty campaigns because working on signature and social media campaign is like a regular employee. The only difference is that, I can manage my time. Working on bounty campaigns will pay me tokens that has a huge amount of value which is really a good thing because my salary here is bigger than the salary of a regular employee here in our country.
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Most people probably fear that cryptocurrencies might diminish the actual monetary system (bills and coins) and views it negatively. We can say that they have a little knowledge about what's happening in this new system when it comes to money, some might say we'll get scammed or whatsoever because it is entirely digital. Little did they know that it is possible for crypto to overcome the current system. Maybe that's why a lot of people want to overthrow it.
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As I have seen this already too many times since past few years, I believe it would be beneficial to share my experience with crypto markets. Do not sell your coins/tokens when the market is dropping, it's just a pure speculation and perhaps market manipulation from whales who only target to earn on whatever the price moves they can achieve. If you're reasonable, sell when market is high and buyer/hold when market is bleeding. I hope this helps you to decide Sometimes selling crypto can be useful or say crucial like, for instance, an emergency with family and whatnot. Or maybe a need for school works and funds. But the ideal way is to not sell it indeed, as we need to earn and thrift for more, thus saving huge amounts of money as we sell it on the right time. It depends, really.
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To me the gradually growing Altcoin is NEO,its called Chinese Ethereum because its also based on updated and modified ETH smart contract technology.I also studied about its development team,very competent and experienced in block chain technology.I think if Ban news in China stop,then this Chinese product NEO can bring revolution in coming years,it may overtake ETH in upcoming few years.This is my extensive research about NEO.Share your ideas.
So far, my most favourite altcoin is the ethereum because most of the ICOs preferred it due to its compatibility to their tokens. I seriously don't know much about NEO but I heard it these past few days with some of my friends. I've read in an article that this NEO is a unique block chain that was created years ago. It seems that NEO and ethereum don't have a lot of difference to each other.
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Hi guys =D May I know what are your plans on your Bitcoin in the future? Do you plan to keep on investing on Bitcoin related businesses or do plan to convert it into fiat and ventures on new business? Actually, there is no much places to invest, and we can see the prices in these days. The price has been falling slowly, also we can see a lot scams related Bitcoin etc. We may can discuss about the coins there. my plan on bitcoin is to simply spend it to my family and other important yet life-fulfilling endeavors. i am much certain that i will plan on investing in this platform despite of the negatives that are occurring. cryptocurrencies might become a breakthrough in the future so why not. maybe within 3 years or so the hoped breakthrough will surely make us, investors, attain amounts of money. and so we can buy things that we want to own, and such things aha
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I invested $100,000 into ETH when it was at $800. I was wondering if I should sell and re-buy or hold? Will ETH reach $800 again this year? No matter what other people will say about this topic the choice is always yours. I know you earned an income out of buying eth at $800 which is a great thing to know. As of now, I really wonder if you still believe in this cryptocurrencies because if yes then you can buy bitcoin again and wait for the right time to sell it once its value increase.
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Why are people panic selling right now? Scared of a little regulation? That is bull! G20? All they might do is AML prevention. If you are not laundering money, nothing will happen to you!! And we don't want money launders in our midst anyway! Chillax, it will be OK!
It was an obvious that people do panic selling because they are scared and worried about the current price of crypto currencies. Can you imagine of some investors who lose a huge amount of money just because of the sudden dropped in value of bitcoin which made the other alternative coins to drop too? As of now, it is really hard to calm all of our minds.
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