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Alternate cryptocurrencies / Announcements (Altcoins) / Re: ⚡ [ANN] [PRE-TOKENSALE Nov] ⚡ World's 1st Crypto for Charitable Giving ⚡
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on: November 22, 2017, 09:32:34 AM
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– CASESTUDY –
CASE STUDY 1: Sponsoring a girl’s education in India
Saloni is a bright little girl, but her family are poor and cannot afford the fees to send her to school. The Giftcoin community agree to support the family with the school fees and send donations in Giftcoin. As the funds are specifically restricted to pay the local school fees, the community has complete confidence that donation is used as intended.
Each time the school fees are paid, the donors receive an alert, building their trust and engagement in the project. In addition, the simplicity of the transaction and the absence of wire transfer fees ensure that Saloni’s family can keep 100% of the donation to pay for the school fees.
Hello, I have some questions.... Do you send the 'donation' to Saloni's family or directly to the school. How do you know Saloni's father doesn't use the money to buy a bottle of his local hooch every night? Please provide further information! I am very interested in this project. Devs, please also feel free to PM and get in touch if you are genuinely interested in building something long term and positive. |
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272
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Alternate cryptocurrencies / Altcoin Discussion / Re: Understanding the importance of HODLing - CMC 2016 vs 2017
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on: October 29, 2017, 07:00:52 PM
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yes, many middle-age women get involved in the crypto speculation and ico on the hot June and July, they knew nothing about blockchain but only care about dump and pump and how to make profits, they ignore the technology and will never understand, this is unhealthy and dangerous
where in the world have middle aged women got into crypto? I saw something similar with Chinese housewives in a casino in Singapore and it was amusing - they sat for hours at the tables losing hand over hand, and came back the next day... |
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273
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Local / Press & News from India / Re: [2017-10-24] Hindu: Bitcoin will crash
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on: October 29, 2017, 06:48:57 AM
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The real paradox of Bitcoin is that, while its intention is to move beyond the U.S. dollar, its value is heavily influenced by the dollar itself.
if Bitcoin somehow were to jump to a hypothetical $1 million per coin, you'd be hard-pressed to find anyone who wouldn't immediately liquidate every one of those coins into U.S. dollars
what if the dollar went kaput before that? s. America, china and Russia are increasingly preferring to conduct trade in non-US dollar terms.... |
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274
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Local / India / Re: crypto Bounty is a hidden gem
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on: October 28, 2017, 06:47:17 PM
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pls provide details on the various bounties. I signed up for various airdrops in 'Airdrop October' and managed to get around US$1500 worth of free crypto.  |
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276
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Local / India / NIFTY 50 - Financial Markets (Assets)
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on: October 26, 2017, 10:13:17 AM
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Financial assets in the traditional sense seem to be very overvalued. If people think that crypto's are a bubble what about stocks? What do you people think?
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277
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Alternate cryptocurrencies / Altcoin Discussion / Re: Understanding the importance of HODLing - CMC 2016 vs 2017
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on: October 25, 2017, 09:37:44 AM
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This is what's new investors need to know and maybe read and try to understand, holding bitcoin in a long run gives a higher chance of good earnings and if you have many investment this can possibly a way to make you a big person in the future, it is true that investing in bitcoin can make you rich if you know how to handle them wisely. I'm glad I already start investing this year the price when I buy bitcoin is only $3000 and it really a good pump now.
I also consider myself late to the party and only got in this June/July around $2700 / BTC. Anyhow, this is a party I'm definitely pleased as punch to arrive at (albeit a tad late..). |
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278
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Alternate cryptocurrencies / Altcoin Discussion / Re: Understanding the importance of HODLing - CMC 2016 vs 2017
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on: October 25, 2017, 08:15:00 AM
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Well, but I also remember the bear market which started in 2014 and which lasted a few years. Bitcoin was 1000$ in early 2014 and it went down 80% and it took until 2017 to climb back to 1000$ and to overtake it. So if you are seeing this amazing capitalization of 2017, nothing forbids that next year it may again retrace 80% lower. So if you are in hodl mood, you must be ready to hodl for many tears.
Based on the latest trend, it won't be happening again. Of course it will go down but it will not go down as low as 80% less. People become more educated about its importance and if you really believe in bitcoin, you won't sell it that low. And as far as I know, the 2014 dips was caused by China and most of the dips are because of FUD coming from China's statements. But see how people react. The dips are just for a short while. It didn't continue for many months. Very much agree with Xianbits. I am not expecting things to keep going up at astronomical rates indefinitely, and a lot of alt-bubbles will pop along the way, but now the technology behind blockchain and cryptocurrencies in general is a lot better understood than 2014-2015. They have proven themselves over the past years and now people are beginning to realize that these are not just guys making digital monopoly money, but they can actually be useful and change the world in more ways than they ever expected (ofcourse this is a cause for concern and fear too). But I don't think an 80% retracement and lagging momentum for extended period is foreseeable going ahead. |
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