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1  Economy / Economics / Re: 99% of the people still think that fiat money are better than crypto on: February 15, 2018, 08:28:21 AM
There are conservative people. Their beliefs are so strong that there is no point in proving them otherwise. So, for them, the most reliable is what you can touch. I also like to feel money in my hands, but it's all in our head. I understand this, so I'm a fan of electronic money.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Miners on ZEC or investing on: February 15, 2018, 08:23:54 AM
What are your future plans? Currently mining ZEC and not sure if i should convert it to ETH or just hodl and keep my investments in 2 coins
ZEC has a good potential for growth, the more it is strongly supported by the miners. The etherium is number 1 for me. I am sure that questions with scalability will be solved. I would hold both coins.
3  Alternate cryptocurrencies / Altcoin Discussion / What coins to buy - 5 basic tips on: February 15, 2018, 08:16:48 AM
Every day there are several topics with a question that what coins to buy better. Pump brains and learn to think and analyze. Enough to ask a stupid question, which you beginners will be advised to buy any shit coins.

Ermos Kyriakides wrote a terrific article for you. Enjoy reading.

What Problem Does It Solve?

The first thing to ask yourself is — What problem does the project try to solve? What are they trying to achieve and is there truly a need for a Blockchain or Directed Acyclic Graph (DAG)?

Let’s take Bitcoin (BTC) for example. It is the big boy and was the first project that brought a real use-case for the blockchain. Bitcoin was presented to the world as a cryptocurrency with minimal fees, a degree of anonymity, near-instant transaction times with a decentralized, immutable ledger. Things have changed since, but what Bitcoin set out to become had a real use-case for a blockchain.

BTC can be purchased on various exchanges with FIAT including Coinbase, Bitstamp, Gemini and Kraken.

Token Value

By definition, investing “is the act of committing money or capital to an endeavor (a business, project, real estate, etc.), with the expectation of obtaining an additional income or profit”. When investing in a particular digital currency, you need to think — where does the value for XYZ come from? What makes XYZ’s price increase?

Let’s take two real examples:

  • Dogecoin (DOGE) was created as a “parody” coin back in 2013. The value is purely derived from supply & demand and people’s perception of its price. The coin serves no particular purpose, brings no technological advancements and solves no real-world problem (no offense DOGE owners!). It has not been updated in over 2 years but still has a market cap (more on this later) of nearly $1B.
  • On the other hand, Ethereum (ETH) has clear value. In addition, from its price being derived from people’s perception (i.e. those who buy and sell it), ETH is also used to pay for implementing & executing smart contracts on the Ethereum network. Therefore, we can imply that ETH is “backed” by the value that these smart contracts provide.

I am not arguing whether you should invest in coins like DOGE, as they can bring a significant return on investment (ROI) in the short-term, but are definitely riskier investments and more prone to disappear once the impeding crash comes.

DOGE and ETH can be purchased on Coinbase, Bitstamp, Gemini, Kraken, Bittrex, Gate.io and many more.

Coin Supply & Market Capitalization (Market Cap)

Before continuing, I would like to get some definitions out of the way (courtesy of CoinMarketCap):


  • Circulating Supply is the best approximation of the number of coins that are circulating in the market and in the general public’s hands.
  • Total Supply is the total amount of coins in existence right now (minus any coins that have been verifiably burned).
  • Max Supply is the best approximation of the maximum amount of coins that will ever exist in the lifetime of the cryptocurrency.
  • Market Capitalization is one way to rank the relative size of a cryptocurrency. It’s calculated by multiplying the Price by the Circulating Supply. Therefore, Market Cap = Price * Circulating Supply.

A huge mistake I see many people make, is investing in a coin because the “price per coin” is cheap(er) — something completely incorrect. For example, we have Project A and Project X. Project A has a supply of 1000 coins worth $1 each. Project X has a supply of 10 coins worth $100 each. The value of both projects is exactly the same, as they both have the same market cap, however, many people are under the false impression that investing in Project A is a better choice. To make it as simple as possible — the more coins there are, the less valuable they are.

Consider the following:

  • What is the circulating, total and max supply? Pay close attention to the difference between the 3 and always research to understand the economics of the coin, why there’s a difference and how it will be “bridged”. An excellent resource for finding the supplies is CoinMarketCap.
  • There are 3 types of coins; inflationary coins which increase their supply over time, deflationary coins which decrease their supply over time and coins that are neither — their supply always remains constant. Ignoring external factors, inflationary coins drop in value when new coins are added to circulation (as they are now more abundant) and deflationary coins increase in value when coins are removed from circulation (as they are now scarcer). BTC is an example of an inflationary coin (until the 21 million max supply is reached), Iconomi (ICN) is an example of a deflationary coin and IOTA is an example of a coin which is neither. You should always question what type of coin are you investing in and the reasons behind it.
  • What percentage do the coin founders hold? Always research how many coins do the founders hold, and if this is a significant percentage (let’s say over 25–30%) question why. Do they have a valid reason for holding such amount? What are they planning to do with it?
    The aforementioned coins can be purchased on Coinbase, Binance, Kraken and others.

Team & Transparency

A very important factor to take into consideration when investing in a project is the team behind it. Some questions to think about are:

  • Does the team have any prior experience in the industry the project is tackling? It’s not essential, but it definitely helps if it has expertise and knowledge in the industry. A perfect example is the Enjin (ENJ) team. They have been in the gaming industry for a while and have the necessary understanding to launch a cryptocurrency project in this space.
  • Why is the team anonymous for a project that doesn’t require them to be? For example, it’s understandable if they are developing a privacy coin but not if they are developing a coin focused on eSports.
  • Is the team engaged with the community and provide timely updates? Are they on track to deliver their roadmap? district0x (DNT) is a perfect example on how a team should communicate. You can see what I mean by taking a quick look at their blog here.
    Thankfully, we live in a digital age where you can browse through the web to find more information about the individuals working behind the project.
The coins mentioned in this section can be bought on Binance, COSS, and Bittrex.

Investors & Partnerships

Something I find extremely positive when deciding what to invest in, are current project investors and partnerships. The reason should be self-explanatory, but having the backing of well-established entities gives the project further legitimacy. A few examples with eye-catching investors and partnerships are:
  • Request Network (REQ) — Backed by Y Combinator.
  • VeChain (VEN) — Partnerships include PricewaterhouseCoopers (PWC), DNV GL, KUEHNE+NAGEL and many more.
  • IOTA — Received investment from Robert Bosch Venture Capital GmbH (RBVC), the corporate venture capital company of the Bosch Group. Partnerships include Ruuvi, Volkswagen and others.
  • Stellar (XLM) — Partnership with IBM.
The coins discussed in this section can be purchased on Binance, COSS, Gate.io, Bitfinex and Bittrex.

Conclusion
Jumping on the “hottest” coin could bring you short-term gains, but if you are looking for a serious, long-term investment, proper analysis has to be performed.
Link to original article: https://hackernoon.com/5-cryptocurrency-investment-tips-6e9e23e223be
4  Bitcoin / Bitcoin Discussion / Re: Why Media is negative about Bitcoin? on: February 14, 2018, 11:37:10 AM
Whenever a government announces to regulate bitcoin or cryptocurrency or whenever BTC price is in downfall, most of the media start to warn everyone not purchase or invest in Bitcoins.
https://www.bitex.in/a-class-of-indian-media-unnecessarily-damaging-bitcoin-reputation/


What is the reason for doing this? Do they intentionally do this so that even they can invest in Bitcoin and make some profit?


This is commonplace, when the news background forms and reinforces the mood of the market for setting the right direction. Pay attention to it when positive news is coming soon, but there will be few negative ones.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: What is your biggest regrets in cryptocurrency? on: February 14, 2018, 11:31:45 AM
I have 2 big disappointments.
1. I bought a ripple of 0.23 and sold it at 0.36
2. I bought IOTA at 0.44 and sold at 0.48 in the hope of buying back on a rollback of the price
6  Economy / Economics / Re: Is it better to save money or invest it? on: February 13, 2018, 02:23:17 PM
The percentage of the bank will not cover even inflation in many countries. Therefore, certainly not in the bank. There are many assets that have an average annual return higher than the percentage in the bank, and investing in them is no less reliable.
7  Economy / Trading Discussion / Re: How to quickly verify Bittrex account - Fastest way on: February 13, 2018, 02:19:11 PM
I heard about this method from a friend, but he did it for 14 days. I was verified on bitrex for 3 days according to the standard scheme. As it seems to me, it is very important to send foreign passports and good quality photos.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO - Is there a definitive difference between a new coin and a new token? on: February 13, 2018, 02:11:38 PM
I been wondering what everyones take is on what classes as an ICO.

For example:

  • I download an already established coin from Github and then convert it to be used for my purposes
  • I create a new project and token i.e. Cryptocitties on top of the Ethereum platform.

Technically they are do different things, 1 is a coin and 2 is a token. Does the term "ICO" cover both of these when you are trying to promote your new project?

The main difference between coins and tokens in their structure: coins are separate currencies with their own separate blockchain, while tokens act on top of the blockchain, which facilitates the creation of decentralized applications. The main purpose of the coin is to fulfill the role of money: to be a unit of calculation, a store of value and a means of transfer. Tokens offer functionality exceeding digital money. They can be used to conduct community voting on key business decisions or even technical changes on the platform.
9  Economy / Speculation / Re: Is it too late? (To buy Bitcoin now) on: February 13, 2018, 01:55:56 PM
Dude trust me, its never to late to join to cryptocurrency train. Just buy it now and hold it, or do some litle trading with it. The price of bitcoin is cheap now, who know at what price bitcoin next month ? In my opinion right now its the right time to buy bitcoin. The only problem with people who learn is they worry to much, and end up buy when the price is high and sell when the price is low. Avoid that kind of act !

I believe that saying is never too late to go into a train with cryptocurrencies wrong. It's one thing to buy at 18000 and wait for 40000 dollars, and another thing to buy at 8000 and wait for 40000. There's a difference, and it's big. For investment, you need to choose the right time, and not buy with the thought: hell, I need to buy bitcoin faster while the price does not rise, I'm late. But regarding today, the price of bitcoin, and especially the altcoins, is very attractive for me.

There is no low price for an asset. Many wrote that 10,000 was a low price to buy. Then the price dropped to 6000. And if it drops to 5000 or 4000, for you the price at 8500 will still be low?
10  Bitcoin / Bitcoin Discussion / Re: How can we help bitcoin grow? on: February 12, 2018, 08:54:03 AM
Believe in it, don't sell. The new flow of investors will raise its value itself. Every year regulators are harder and harder to resist bitcoin.
11  Alternate cryptocurrencies / Altcoin Discussion / Re: So how will be the market in February? on: February 12, 2018, 08:52:39 AM
I expect lateral movement from February. I buy spare parts, because up to 5000 maybe the price will not fall. I do not want to jump into an outgoing train
12  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Waves Sell Or Hodl? on: February 09, 2018, 01:15:45 PM
I have 100 Waves. Its price now falling down and down. I'm in Confusions Sell it or Hodl it now!
Waves for this year are planned many improvements. Look at their road map. Fundamentally the coin will be strong at this year.
13  Economy / Economics / Re: Why do you want high price of bitcoin after all? on: February 09, 2018, 01:07:42 PM
At first I want to say: Read my post carefully and don't spam.
We all wanted high price, higher than 1000$ and got it, we got even 19k and there people were hoping more than 20K, they think like it's infinitive.
Did so high price do a good job? No, higher satoshi/byte fees became even higher in value because of price rise, some exchangers closed registration and etc. In reality there was no need of 19k but I think currently it's best to see price between 5000-8000$. There isn't so much demand.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.
I want a high price for fix profit. I have many open positions in the long. The cost of transactions doesn't bother me. For transaction I use another cryptocurrency.
14  Economy / Economics / Re: Don't worry, the market will not fall forever. on: February 09, 2018, 01:04:44 PM
I see how my topic is being actively discussed. I like that many understand the causes of such falls and look forward with the belief in the growth of the market. I created this topic because there are a lot of negative messages on the forum: everything is lost, sell bitcoin, crypto currency is a bubble. Honestly, I do not feel sorry for such people when they lose money. They lose them because of their stupidity and do not want to learn.
I wish everyone a profit!  Cool
Although this is impossible, someone must lose  Wink
15  Economy / Economics / Re: Should I invest in stocks now since they are down 10%? on: February 08, 2018, 01:04:09 PM
Sorry I know this is slightly off topic:

Is it a steal to purchase them now or should I give it more time?  I can buy most stocks at around a 10% discount Smiley

I was thinking of using the Robinhood app since they dont' charge fees and do like $100 a month for long term retirement investment.  Dollar cost averaging.

Or is it a gigantic bubble about to burst again?  I got burned bad in late nineties when bubble burst!
If you believe in cryptocurrency, buy it. This is a good time to enter the position (personally for me). If you don't believe, then don't buy, because you will probably get frightened and close the deal in the minus when the market falls.
16  Economy / Economics / Re: Is institutional capital good or bad for Bitcoin? on: February 08, 2018, 12:55:32 PM
I believe that financial institutions and funds need large markets. The capitalization of bitcoin is 145,000,000,000. This is a small market for such players, but they will soon be in it. And then the market will become even more interesting. There will be no more such voluntariness as now on the market.
I think bitcoin will remain an asset for manipulation and profit.
17  Bitcoin / Bitcoin Discussion / Re: What Crypto coin should I buy and hold for 1 year? on: February 08, 2018, 12:12:25 PM
Guys, this guy will marry in a year. I do not know how much he needs for the wedding. Probably more than 15 000 dollars. This means he needs to do X5 in a year. On his place I would spend 1,500$ on: Stratis, Waves, OmiseGo, 0X, RDN. And on another 1500 I would buy bitcoin and etherium 50/50.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: 4 main reasons why ICO projects are not trusted on: February 07, 2018, 12:37:59 PM
I would add the following feature to the list:
1) the company offers the following products: MLM, pyramid or ponzi scheme, cloud mining.
2) No white paper
3) ICO is not available on ICO rated sites
19  Economy / Marketplace / Re: Why I think the crypto market will be worth about $6 trillion by 2019 on: February 07, 2018, 12:27:26 PM
Here's why I think $6 trillion is completely reasonable:
1. Wall Street hasn't jumped in yet.
2. Big business still has its toes in the water.
3. There's widespread and mainstream awareness,  but very little mainstream adoption.
4. We're going to see at least one governments currency collapse soon, with that nation switching to cryptos. That will begin a widespread acceptance of cryptos as legitimate.
5. The trend in the general population is anti central authority aka. big banks, governments, big corporations. Look at brexit, Trump, the rise of nationalism against the EU, etc.  Cryptocurrencies are the embodiment of anti authority and giving the people more control over their wealth.

With so many catalysts, a 10-12x growth for this market is definitely a possibility.

What do you all think?

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@charteroakpublic
- a Telegram channel dedicated to providing leaks from premium sources like Palm Beach Confidential and more.
Confident reasoning.
For such growth, there are all prerequisites. I will be only happy with this growth. If you take a look at the time interval from 01/01/2017 to 01/01/2018, then the market has grown almost 40 times.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin or Etherium? on: February 07, 2018, 12:07:03 PM
So as a back story, I am heavily invested into these two coins. Each one of them has their specific uses and I personally think that Etherium can do all the things that Litecoin can do, and then some. Litecoin's primary use is to transfer money from one place to another. You can do that with any cryptocurrency, and ETH offers that option as well, along with the same if not cheaper type of fees as LTC.
Now, they also offer smart contracts which will attract ICO's to use ETH. So with that being said, if you had to portion out 100% of your portfolio with either LTC or ETH, how would you populate it and why? I need some convincing on why I should stay invested in LTC.
Etherium 100 - 0 Litecoin
My opinion is that the etherium will grow faster than litecoin. The etherium has real applications. Litecoin is not the best solution for sending money from one place to another. Try BitShares, DigiByte, Doge and you'll understand everything.
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