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1  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can Eth Hit 1000$?? on: June 26, 2018, 01:49:09 AM
That is what was evaluated in Q1 this year. but sadly. The market is being seriously affected by strikes from outside. FUDs are constantly pushing the psychology of investors. and ETH can hardly reach 1k if bitcoin and market can not recover.
I am not sure how this psychology thing works but there are manipulations going on in this market without a doubt, there is a open market trade by the Mt Gox team when the price was at an all time high and the started selling off in open market to make an illusion to new investors that it is a large sell off, then still i have my doubts about the crazy rally we had, i think the unlimited minting of Tether without any audits last year pushed the market so high.
2  Economy / Economics / Re: 5904 banks frauds in 3 months in India on: June 25, 2018, 05:31:35 PM
There have been 5904 bank frauds in India in first 3 months of 2018. Source CNBC TV18

The biggest bank fraud is Punjab National Bank (PNB) and billionaire Nirav Modi where PNB was scammed of $2,000,000,000 by Nirav Modi.

How is this for economics ??
How come he was able to secure that much amount of loan without any collateral, does the banks in India give out loans simply because he is a billionaire. What ever it may be it looks like it is a bigger scam with the bank officials as well as the political support, other than that how is he able to be secure that much amount of money.
3  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency could help your business or not? on: June 20, 2018, 09:35:54 PM
This is a good sign that more and more people are engaging into bitcoin. If more business will enter into the world of cryptocurrency and will bring back the original purpose of cryptocurrency as a medium of exchange rather than just and object of income and a trading item then surely we could revolutionized the world of finance and economy.
This is the most important part, if it is used as a medium of exchange rather than a store of value the price will increase naturally as more people start using it and that is the basic economics of the entire system. The scaling solutions we have must allow billions of transactions in order for everything to take place, if not it will be hard to see the entire world trading bitcoin or any other coin and if that happens the merchants will start accepting it.
4  Bitcoin / Bitcoin Discussion / Re: What factors scare others from investing into bitcoin? on: June 20, 2018, 09:00:51 PM
Many deter the attitude of the leadership of their country-cryptocurrency is legal or not? Of course, if you are facing criminal responsibility for Bitcoin, no one will be able to mine it. Well, and of course, its instability also scares people, they're afraid of just not getting their money back.
Many have the opinion that the legal clarity is stopping them from investing in it, but first you have to understand that it is a new market and it will take some time for everything to be included in a legal frame work and since it is a global economy it will be very hard to stuff everything into one legal frame, forget about bitcoin mining, it is not possible for casuals as you need huge investments, about the volatility, i cannot see a single market in the world that is stable, so you cannot complain about that too. Tongue
5  Bitcoin / Legal / Re: Are You Afraid of KYC? on: June 20, 2018, 05:16:11 PM
I am not afraid of KYC because for me it is natural and better like that to protect and keep the security of all the effort that we have striven to be from wrong use by irresponsible person unless I have bad intention so fair if I am afraid
Protecting your identity is not about having bad intentions, if you are not aware of it, the blockchain is open source and i do not want anyone to have a trail on my funds and i do not want to see anyone coming to my doors and having a gun on me to get my tokens. So protecting your security is more important than holding your coins in the first place, i am not sure how secure they are storing my identification details, so there are many concerns regarding it.
6  Economy / Economics / Re: Cryptocurrency wallets: Can they be hacked?? on: June 19, 2018, 11:14:34 PM
I am very interested to know if cryptocurrency wallets like Bitcoin Core, NEON, Electrum can ever be hacked ?
All these wallets are good ones and unless you are careless they are not hackable. Almost all of the hacks that happened in the past several years are simply because of some flaws from individuals and not because anyone could break these wallets.
7  Economy / Economics / Re: What i believe will come on: June 19, 2018, 11:02:45 PM
The Future will be great and we might live in a world where everything will be Crypto. We are going to be our own bank, and manege our finance ourselves, without a bank account
There is a problem when blockchain is implemented every where, we might even loose our privacy because of that in the future if it is implemented in every aspect of life, it is a fact but we need these implementation in key places so that things are public and transparent.

i Truly Believe bank will disappear completely because they do not act in the interest of people . they created money out of thin air and enslave people with debt, and credit.
It is a dream that is not going to happen simply because banks are there to stay and they will  implement blockchain technology for the banking system for smooth and faster transactions.
8  Economy / Trading Discussion / Re: Bitcoin now below 8000 time to buy now on: June 13, 2018, 10:09:17 PM
buying bitcoin below 10 thousand dollars is the best price to buy bitcoin price is expected to grow as per market demand so any price below 10 thousand dollars is better to accumulate
It is really easy to tell that but it takes more than an entire annual salary for most of the people around the globe to get one bitcoin at this price. Cheesy I really would think twice about investing in anything at this price, i would rather monitor the market for good opportunities to enter with a small valuation coin than looking for the price of high price tokens to go down. Tongue
9  Economy / Trading Discussion / Re: Buy tether when the market is crashing? on: June 13, 2018, 09:37:13 PM
Tether always stays between .99 and 1.01. How, I donít know. With it never really changing in price, why not convert your cryptos to tether to avoid losses when the market is crashing?
The concept of Tether is to be the digital dollar but the main problem with them is that they are not transparent, if you are following the market you should know that they have produced many coins in a short period of time without any transparency or any audit, so i would stay away from them simply because of their shady behavior.
10  Economy / Trading Discussion / Re: Buy Token When Bounty Hunters Sell They Coins on: June 13, 2018, 08:21:55 PM
Not every coins will increase in price after the hunters sold their tokens. Most of tokens have no good volume and holding them for a long period of time would be a wasting time and money.
It depends on projects, if you are investing in solid projects then the price will definitely increase, there are many projects in the market created for the sake of collecting funds and so you must be really careful when investing, buying the coins after hitting the exchange is the best part as you would get more coins than the initial period.
11  Alternate cryptocurrencies / Speculation (Altcoins) / Re: is ETH will hit 400$ on: June 13, 2018, 07:31:22 PM
If bitcoin will hit $6000 then it will probably end up with $5800 or $5900 ethereum can hit $400 but that does not matter there will be bounce for me.
It is a really great opportunity to purchase some coins, with the Korean exchange hack, the market has taken a dive and hopefully it will recover in the coming weeks, it is really sad to see another hack but when will these exchanges take security seriously. The moment i heard about the hack i offloaded all my ETH and now i have to enter the market again before recovering. Wink
12  Bitcoin / Bitcoin Discussion / Re: Why Bitcoin isn't a legit currency. on: June 13, 2018, 06:40:51 PM
the main reason for not implementing crypto currency and bitcoin as a legitimate currency is money laundering and high volatility in the currency. maybe they understand the serious advantages of crypto-currencies, but they are not yet ready to implement these functions in financial and banking systems.
You really do not need the banking system to implement the currencies but i am sure they will be implementing the blockchain technology in the future for each and every transactions, pointing out money laundering as an issue is not a valid reason as fiat currency is used more for those sort of illegal activities and that cannot be said about bitcoin as everything is recorded.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you guys agree on this statement? on: June 07, 2018, 01:54:41 AM
There are people who are willing to take risk to invest in these ICO and so is the reason some of the projects are able to collect huge amount of money and not because it is a bubble, how do you determine what is a bubble when people are willing to risk even when the project is not listed in any exchanges, i would like to see a situation where only legit and solid projects are able to collect funds.
14  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Do you believe John McAfee is right about Bitcoin hitting $500,000 in 3 years? on: June 07, 2018, 01:30:57 AM
In two years, the reward for the block will again be reduced by half. To keep profits at the same level, miners need to have a BTC's price twice as much. Either significantly reduce the complexity, so that energy costs will be reduced (unlikely). Much higher prices are speculative and will not last long.
The price of bitcoin is not determined whether the miners are profiting or not but with the investments coming into it, if there is no solid investment coming up the price wont go up, when the reward reduces the amount of coins in circulation also reduces which increases the price naturally and that is what i am expecting but i really do not care what McAfee predicts. Tongue
15  Alternate cryptocurrencies / Altcoin Discussion / Re: John Macafee short term predictions on: June 07, 2018, 12:17:09 AM
he is charging for each of those tweet he normally makes about coin.

His website states $105,000 per tweet. He is quite simply operating a pump-and-dump scheme on a grand scale. He is a scam artist and criminal, and no one with any sense should listen to what he has to say.
This is exactly what is happening, he is just making a shit ton of money advertising these coins and nothing else, no one should heed his advice nor anyone else because everyone is advertising these even without looking at the fundamentals, but i would check out the coins he advertised and if i think is a good one then i would invest in it.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: IS DECEMBER AND JANUARY OUR MAJOR TARGET? on: June 06, 2018, 11:58:49 PM
If you look at the past market performances the market usually rises by the end of the year and then will have a correction and that is expected this year too, the market is showing some weakness in respect to the market we had in December but it will bounce back eventually and everyone is optimistic that the market will recover by the end of this year, if not i am happy to wait further.  Cheesy
17  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Invest on NEO ? on: June 06, 2018, 11:44:09 PM
I am fully confident that this project will show itself very well. I have long bought these coins, and I hope that they will multiply my capital by 7-10 times.
If you are looking at the price of ETH we should assume that the price of NEO should be much higher because both gives the same solutions, since this is a Chinese company and with their restrictions in the market the price did not explode like other coins and once they start releasing projects the price will boom.
18  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can you still get rich with crypto? on: June 06, 2018, 11:32:56 PM
I think 1k is not a suitable amount to get rich with the coins like bitcoin, ethereum, etc., at least for the next few years. BUT, in my opinion, there are a lot of good opportunities in crypto world, and I think you can get great profits with some tokens or the altcoins which have low prices but high potentials for the future.
It is not possible to make a ton of money with a thousand buck at this stage if you are planning to invest in high value coins but rather invest in potential projects have its risk as there are only a few project that succeeds in the long run, in short there is no reward without risk. Grin
19  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Litecoin $ 1.000,00 this year on: June 06, 2018, 11:12:35 PM
If the whole crypto market reaches 2~3 trillions this year, Litecoin can reach even 2-3k.
Facebook will likely create their own token.
To reach a trillion dollar market we need to see a crazy ride in the price of bitcoin and for that to happen we need to see big institutional funds investing in the market which is highly unlikely this year because of the regulation issues and when that is sorted out we might see these rallies but in all seriousness i would rather hold some other coin than litecoin to make a profit. Tongue
20  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Bitcoin be surpassed by Ethereum??? on: June 06, 2018, 10:29:03 PM
I have bought some Ethereum a while back ago and already doubled my investment. Ethereum price has been growing a lot and there's already a lot of people saying that Ethereum will be the next momentum currency.
The price of ETH have moved a lot after the correction and it is a good thing for the market but that does not mean that it will surpass the valuation of bitcoin, ETH has its momentum as a platform for other projects to issue their tokens and i am not using it as a currency and so does majority of the users.
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