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261  Alternate cryptocurrencies / Altcoin Discussion / Re: Libra vs XRP on: August 08, 2019, 07:32:16 PM
Considering that Facebook's Libra will be an extremely centralized cryptocurrency, it might very well be adopted by financial institutions within the mainstream world. Ripple's XRP also has the same purpose where it could drive mainstream payments in a fast and cheap way, backed by many Banks worldwide. While both Libra and XRP have their similarities (in terms of centralization) they're certainly different by design.

If Libra's launch becomes a success, then XRP's existence may be threatened over the long term. Both cryptocurrencies would battle head-to-head in order to become the top choice of Banks worldwide. Comparing Libra vs XRP, Ripple has all the possibilities of taking the lead because of the many partnerships it has established with Banks worldwide.

Which is why, it makes me wonder whenever Libra will become the currency of the world or XRP? Or will they co-exist in the future? Huh

Gosh, how can we know anything until we tried it? Ripple is used mostly by banks. Libra token is more a social project. They have different aims. I can guess that by its popularity, Libra can become a leader in a year even. By the market capitalization, Ripple will be up - too many rich organizations cooperate with Ripple and invest their money in it.
262  Alternate cryptocurrencies / Altcoin Discussion / Re: Is There A point To still Hold Litecoin As An Investment? on: August 08, 2019, 07:27:03 PM
if you are looking for the utility usage as a reason and there is no a point from there but the only point to hold it to bet on the speculation of the litecoin as part of the top crypto. I thought that the majority of people are betting on the technical reason of litecoin because it has not utility usage.
This should be the main reason.

For me, Litecoin is simply one of the best-trusted cryptocurrencies. Often, it is used as a mediator in the exchange chains, when I cannot make a good pair of cryptocurrencies. Therefore, I will go on investing in Litecoin and holding it. Probably, this altcoin will become the best gainer, but it is reliable, and it will exist on the market for many years.
263  Alternate cryptocurrencies / Altcoin Discussion / Re: Can Walmart Digital Coin Succeed Facebook Libra? on: August 08, 2019, 07:24:07 PM

These coins will not achieve the desired success because the world of cryptocurrency is different, we must ask ourselves why a lot like use and trade cryptocurrency, because they looking for profit and privacy, i think this coins will not be like bitcoin or others cryptocurrency in privacy, for example i you want to participate you should pass KYC and most do not like this.


 

Yes, they can be very successful. However, they will be popular only with those people, who use the services of these companies. How many people visit Wal-mart? Millions, but all of them live in the USA. It means that this token might become needed only in this country. Additionally, old people, the American citizens, will not accept it. Libra will be more popular.
264  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin Halving: Less than 6 days to go! on: August 05, 2019, 08:43:25 PM
Since the beginning of the year, LTC's price increase has not been without any reason. The explanation by the devs and the approach of halving affected the price considerably. Nowadays there is a little pause and this is normal, even after halving it may go down.

Everything has been discussed for many months. Therefore, the probability that there will be a Moonrise, it very low. I guess, nothing will happen. Naturally, miners will start getting smaller awards, but it will not affect too much their business. I am waiting for the changes with Bitcoin and Ethereum (Ethereum 2.0) much more - they will affect the market.
265  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you choose which bounty campaign to participate in? on: August 05, 2019, 08:30:25 PM


Quote
I still prefer to check the bounty manager first if he is really a trusted and reputable one.Then i will do research on the team behind the project if they are legit or not,studying their whitepaper is also a must because you should also know the main purpose of their project wherein you can rate if that is attainable or not.

For me, this is also a private matter. If the Bounty manager is a well-known and trusted person, he will never spoil his reputation scamming people. This is the main criteria for making this choice. The type of Bounty activity means a lot also. Sometimes, it is more profitable to deal with one difficult well-paid task than with several cheap but easy ones.
266  Alternate cryptocurrencies / Altcoin Discussion / Re: What is your personal consumption plan when the market grows like last year? on: August 05, 2019, 08:27:27 PM
For me i will really looking forward for good income,i will firstly pay for all my debts,and secondly i have to repair some parts of my house,that would be so great that i may fullfill some of my dreams,and lastly put investment here in crypto and buy a good coin.

Not a bad choice. I would probably cashout 70% of the money to spend it to real estate (small, even a tiny house in the suburb). The rest 30% will be invested in cryptocurrencies again, but this time, the largest part will go to Bitcoin and Ethereum, whereas the rest tokens will take less than 10% in my portfolio. Portfolio must be renewed from time to time.
267  Alternate cryptocurrencies / Altcoin Discussion / Re: What is IEO? on: August 02, 2019, 08:21:28 PM
Very many people have told us what the IEO is. Maybe I want to add a little that you need to know about other investments like ICO or STO. So you can determine which investment is good.

The key difference between old ICOs and new IEOs is exactly the role of cryptocurrency exchanges. With an ICO, listing on a stock exchange can take place several months after the round. While under IEO, the project developers issue tokens and transfer them to the exchange, which, in turn, distributes them among interested investors. IEOs are controlled by exchanges, and therefore we can trust them more.
268  Bitcoin / Bitcoin Discussion / Re: This is why I am so frustrated with bitcoin on: August 02, 2019, 08:18:30 PM
Many altcoins holders now are really frustrated and i really feel there loss, but i think bitcoin will continue to be stronger and many altcoins will crashed, that's why many investor are choosing to put there money on bitcoin over altcoins now.

I still don't understand why people invested so much on the alts. In the world of crypto-currency, there is no room for 100,000 different coins. At the most, 100 or 200 may survive for the long term. The problem when we have so many different altcoins is that even if a project is good, it gets drowned out among thousands of other crap projects. And what surprises me the most is the resilience from the investors, who continue to pour down their hard earned money in to these shitcoins again and again, despite incurring crippling losses everytime they do so.

In the end, people would always ignore the copycats unless the latter could prove that they are substantially better than the original product. In case of altcoins, this hasn't happened. They are not superior to the original product (Bitcoin) and most of them were created just to fatten the pockets of the promoters.

Many of them are aware of the fact that most tokens will die. They simply want to take risks and invest in pump and dump coins to be those smart guys, who would manage to get rid of their shitcoins before they fall and touch the bottom. I do not gamble with this stuff. Bitcoin investments seem to be the most promising ones, and I buy BTC and several trusted alts.
269  Bitcoin / Bitcoin Discussion / Re: Bitcoin legal and illegal countries on: August 02, 2019, 08:14:14 PM
Venezuela airports use cryptocurrency already. To avoid sanctions, even the government uses Bitcoin. I do not even mention people, who hurry up to exchange their hyper-inflated money to BTC or dollars (here, everything depends on the preferences). Some ex-Soviet countries that reject crypto would have to accept it finally, as people really need it much.
270  Alternate cryptocurrencies / Altcoin Discussion / Re: Opinions on BNB for the future maybe in few years time? on: August 01, 2019, 10:31:38 AM
BNB will keep rising cause massive adoption from Binance users especially. BNB nowadays is use for trade fee discount, for purchase IEO and owned by the biggest exchange nowadays. So of course BNB will keep rise in the future.

Being called Digital Platinum, it attracts the attention of more and more investors. On the other hand, we all know that this token is just a part of Binance exchange. If it is suddenly bankrupted (yes, these things happen even with the leading companies), BNB can go to the bottom line. Nevertheless, in the nearest 1-2 years, it is supposed to be among the most popular cryptos.
271  Alternate cryptocurrencies / Altcoin Discussion / Re: Happy Birthday ETH on: August 01, 2019, 10:26:00 AM
I wish I can go back to 2015 when I first noticed the Ethereum in Coinbase. I did not care when the ETH price was 3 USD. Within a very short time, I mean only 4 years, Ethereum is dominating almost 10% of the cryptocurrency market. I hope day by day they will be improving the Ethereum platform and ETH will remain the second cryptocurrency of all time!

Next year, when we mark the 5th anniversary of Ethereum, it might be offered for more than 800 dollars per token. I guess, there are several fellows, who invested in ETH when it was 3 dollars only. Suppose, some of them are still in the crypto business - probably, they are working with the exchanges.

Ethereum is the most reliable platform among all that exist.
272  Alternate cryptocurrencies / Altcoin Discussion / Re: Favorite platform? on: August 01, 2019, 10:22:52 AM
I will choose ETH platform. In this altcoin market. Most tokens run on ETH's platform. So it is very popular and easy to use. Just have an ETH address and you will have all the altcoin you want

I choose Ethereum as the best-developed platform with tons of pluses. In the future, thanks to the constant work of the ETH team, it will only become later. Ethereum should reach at least 400-500 dollars. Hold it and simply wait for the up period. It will be not a long-term postponing of the token Moonrise: the altcoin will jump up in 3 or 5 months.
273  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bitcoin crush the altcoins?! on: July 31, 2019, 03:32:02 PM
Bitcoin crush the altcoins definetly or the altcoins will bounce back like December 2017, January 2018?
What's your opinion?


Bitcoin does not destroy the altcoins and the phenomenon that occurs in 2017 is certainly different from this time. I see that now Bitcoin has experienced a very high price hike. However, Altcoin has slow growth. I suppose if Bitcoin is stable at a high price, Altcoin will be able to pump higher.

The best altcoins do not depend on Bitcoin. For instance, I am more than sure that after Etherum 2.0, ETH will get absolutely independent life. Nevertheless, not BTC dominance has definitely a negative effect on the tokens and their prices. People start to buy mostly Bitcoin and exchange their alts for the crypto number one. Therefore, tokens become cheaper, and their market cap goes down.
274  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The price of Bitcoin is starting to weaken, is it now the right time to invest? on: July 31, 2019, 03:27:59 PM
Wait for breakout and when there is confirmation of breakout, that's the best time to start buying.
Because trends will always follow the pattern. When there is a confirmation of breakout on resist line that's a good time to invest.

Bitcoin will not go too low. If you have money, it is worth investing it into BTC. If you can live with the thought that it will be OK with you not to touch your crypto for several years, you will become a rich man later. Certainly, everything depends on the invested sum. I doubt that here, millionaires are chatting. But several thousand can be made easily.
275  Alternate cryptocurrencies / Altcoin Discussion / Re: What happened to the Crypto market? on: July 31, 2019, 03:16:37 PM
We have been seeing a downward activity in the past 5 days which I believe was never expected to be this bad. Even if people were to sell of their holdings due to the bitcoin cash forking, the whole market was not suppose to be this totally red. I think someone else has to give a better explanation.


The market decline was predicted, and there is nothing strange in the fact that after the coolest 2019 rise, cryptocurrencies started going down. When they reach the bottom now (suppose it will be not compared with the bloodbath 2018 prices), the go up trend will appear again. I do not think that the panic will be the best decision now. Hold and simply wait for the next market jump.
276  Other / Archival / Re: Huawei Chinese version of Libra ? on: July 31, 2019, 02:31:53 PM
Huawei is a similar company like Facebok, also they had problems with losing user's datas. So probably they would develop also similar cryptocurrency.

It might be a joke. You cannot compare Huawei and Facebook. By the way, Huawei has got problems with the USA and many other European countries. Google stopped to support it, which is probably the #1 problem. Facebook, vice versa, has the most powerful support from all leading companies. Libra will definitely have success, as for Chinese project, it might be interesting for China only.
277  Alternate cryptocurrencies / Altcoin Discussion / Re: Buy Libra - Facebook Cryptocurrency on: July 31, 2019, 02:25:50 PM
lol, i will stay away from Libra as far as possible, like i stayed away from fb.... you should check Minds they allready have their token and they wont sell your personal info

It is too early to say whether you should stay away from this cryptocurrency as it will be released only in 2020. Before it happens, we will see too many events on the market. You might change up your mind. Additionally, Libra will be very useful for people that come from the regions where the economic situation is awful, and inflation is extremely high.
278  Alternate cryptocurrencies / Altcoin Discussion / Re: How often do you invest your Bitcoin to Altcoins? on: July 29, 2019, 08:09:10 PM
I do not have only one scheme of investing in cryptocurrency. I guess the first moment we must remember here about is the market waving, although it seems very simple to some people. It is evident that I do not invest in tokens and BTC when they are on the top. On the other hand, when I get extra money, it is invested in new and promising altcoins.
279  Alternate cryptocurrencies / Altcoin Discussion / Re: BNB time to invest ? on: July 29, 2019, 08:05:12 PM
Looking at the chart. It's possibly a good time to invest in BNB. If you look at the history. You could see that it has settled down to its current price right now and waiting to pump again. Well, you could take my advice or not, it's just a speculation.

It seems that the Bitcoin price does not affect the cost of BNB. Now, it is the most popular token - everybody is speaking about it. However, we must remember that BNB price depends only on the success of Binance exchange. If something happens to it, this token can fall down immediately. Meanwhile, Binance is a very strong exchange, besides the most popular one.
280  Economy / Trading Discussion / Re: I lost my confidence... And fought to get it back. on: July 29, 2019, 07:57:35 PM
Once you lost the confidence in your mind then it will definitely very hard to get back in your life again but if you try some effort to make it possible then you will feel better with confidence in this field also very quickly.

It happens to all people. The exclusion is only self-confident guys, but they also make many mistakes, have losses and usually blame others for this stuff. To get your confidence back, you need to feel success, and it may be not only good profit during trading. All positive changes will help to change your mind and your mood, and you will be more confident in dealing with crypto.
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