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Alternate cryptocurrencies / Altcoin Discussion / Re: How will CB coins help bitcoin and altcoin
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on: February 06, 2020, 01:09:04 PM
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First thing is that banks are planning to issue their own digital coins just to counter decentralized cryptocurrency. Their coins are centralized and they are used just to counter cryptocurrency. To be exact, banks are already providing digital service. So what the independent people are getting from their service is nothing than cryptocurrency provides. Even if banks issue their own digital coins, we are not free from hassles involved during bank transactions. So cryptocurrency is the best for general people.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Crime is getting Worse, what do we do?
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on: February 06, 2020, 01:02:29 PM
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It is almost impossible to get a scam-free world. Every coin has two sides. So if there is good, there is bad as well. What we can do is just to minimize bad side. Relating to cryptocurrency scams, first of all we need strong regulations whereas scammers and frauds get punished. But sadly, scammers are walking free when they are guilty of scamming people. Second is we need to be aware of scam projects and frauds. We need crypto education.
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5
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Alternate cryptocurrencies / Altcoin Discussion / Re: Whoa, Ethereum breaks the $200 barrier
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on: February 06, 2020, 12:32:56 PM
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Yes it is indeed the season of cryptocurrency. After long suffering, the crypto market is recovering with most of the coins in the green. Big movements like bitcoin halving and upgradatoin of ethereum are around the corner and mass adoption of cryptocurrency is increasing. We hope the market will surge during the year, 2020.
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: XRP Price to $14 - Any thoughts?
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on: February 05, 2020, 12:45:36 PM
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I do believe everything can be done in the crypto space as the market involves speculation and hype. The most important thing for a token is to retain its price despite price fluctuation. I maybe wrong that ripple could hit $14 in coming years. But one thing about ripple is ripple's management is doing everything to make the project success, like forging partnerships with multiple banks and business communities.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Which Altcoins Should Be Watched Closely in 2020
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on: February 05, 2020, 12:36:56 PM
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There are many good coins out there in the market to watch in 2020 or beyond. But it is always hard to track down and find good ones for more profits on your investment. My good coin list include the king coin, bitcoin, ethereum, BNB, bittorrent. I believe these coins will make some good progress and investors will never get disappointed.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Some big things to watch for in 2020
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on: February 05, 2020, 12:31:42 PM
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Yes people are eagerly waiting for progress in cryptocurrency as the recent past two years did not do well for the crypto industry. To some extent, bitcoin halving and launching of Ethereum 2.0's are regular things to see in the crypto space. And they will happen. What is interesting is Facebook's libra will get permission to go ahead or not? Libra will make most impact on the crypto space, I believe.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Is this Right Time to buy Some ALT coins?
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on: February 03, 2020, 06:41:35 AM
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Yes it is a wise choice to pick and invest only good coins in the market. The market has many good coins worthy of investment. Some of them are BTC, ETH, XRP, BNB, LTC etc. But sometimes, so called shitcoins give good returns on your investment. But there is a risk that these coins maybe pumped. It is good if you are wise enough to take advantage of this pumping.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Best Places To Hold Initial Coin Offerings
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on: January 30, 2020, 01:14:32 PM
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There is no need to hold ICO anywhere. You planning to issue a token just announce ICO and raise money. If you are talking about IEO, there are many good exchanges to launch it. Good exchanges are needed to launch IEO even if your project is good and innovative. Launching on Latoken, p2pb2b, may prove to be a bad decision.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Investing in multiple altcoins
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on: January 30, 2020, 12:53:06 PM
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Diversifying your investment is a good idea to increase the probability to earn profits. However, my view is a bit different. If I had enough money to invest in cryptocurrency, I would not diversity my investment, but would buy only bitcoin. My love is so much for bitcoin that I believe investment in bitcoin would never disappoint investors.
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Economy / Speculation / Re: I'm trapped in trading
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on: January 30, 2020, 12:40:34 PM
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Not only you many of the people involved in cryptocurrency do the same. As the crypto market is highly volatile, traders and investors are well aware that their investment may sink anytime. So it is the best option to convert your coins into stable coins so you can trade safely. But sadly for me, I have not done it so far as I do not have enough worth of coins.
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Alternate cryptocurrencies / Altcoin Discussion / Re: ICO legalities in 2020?
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on: January 29, 2020, 08:47:07 AM
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I do not think there comes more ICOs in the coming future. Are not there enough crypto projects in the market? And what to do with additional crypto projects as the already projects are not implementing what they have been established for (rather they are just involved in something like gambling and price speculation). So what crypto projects should do is they should start enforcing their ideas.
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Economy / Speculation / Re: corona virus & bitcoin market
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on: January 29, 2020, 08:35:35 AM
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On the contrary to the reports that coronavirus was helping bitcoin increase in price, I thing there is no connection between the two things. Bitcoin's price increment is due to its upcoming halving and people's positive attitude towards the crypto market at this point of time. I believe bitcoin will increase to over $17000 until its halving.
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Alternate cryptocurrencies / Altcoin Discussion / Re: Binance to help Coronavirus victims
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on: January 28, 2020, 04:41:24 PM
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[email]Yes cryptocurrency is not only a means to make money. It is being used as a means to help others in need as well. Already, some crypto projects and exchanges provided donations in crypto to the people in need. This time Binance has also announced a hefty sum in donation to coronavirus victims in China. As a result, I think China is considering the importance of cryptocurrency.
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