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341  Economy / Trading Discussion / Re: are all LENDING PLATFORMS exit scams? Ponzi Schemes? on: March 18, 2018, 12:30:26 PM
This is a story i never tell to strangers but isn't it a common thing that we do not tell when we have been conned? that helps create the environment for scammers to thrive killing the good vibes behind real and very legitimate projects in the crypto field such as Bitcoin etc.

And this is to every new person that is in the entry position of the crypto market and doesn't really know where to start.

Please do not start with the "LENDING PLATFORMS"

I am sure many of you have seen these nice roadmaps with price expectations post ICO. no one can predict a price of something that is under free market control.

THIS IS MY STORY:
So i invested in 2 of these 'lucrative' looking exit scams.

That was late last year and i invested 700$ in EthConnect despite the calls of it being a scam. bought in to their ICO hoping to make a quick flip on investment to make a quick high ROI. They recently took down their websites. one was www.ethconnect.net and the newest just created in December was www.ethconnect.com
they locked the account and no one could withdraw their ethereum or BTC from their website right  after ICO completion where they required us to deposit to buy.

Second company was IDEA COIN where i invested 0.11 BTC when BTC was around 16,500$ . Their website is still up but since i sent them the money the tokens were issued, everything else has taken the Ethconnect steps of an exit scam.
Investors can not move their token anywhere else other than in to the lending wallets or staking.

Purposely never meant to put any investment in to a lending platform so these Lending platforms used the price speculations to catch the eye of many including me.


ADVICE TO THE NEW INVESTORS
Steer clear of any lending platform if you do not want to lose your hard earned money.
Almost 100% of the times, an exiting scam ICO has happened it is a lending platform.

Just be careful out there and do not learn through the hard way like i did. I personally cannot touch any Lending platform ICO or investment in a 100m pole.

Stay safe Brothers and sister. Live to learn.
Make some profit in the crypto world and
Most importantly invest in what you believe in and have some fun.

To the Legendaries in the market, Keep teaching us the ropes as we keep learning. This is a journey to the future

BITCOIN AND ALTCOINS are the future if not present currency. we will use them universaly


DISCLAIMER: i am not a qualified financial advisor, this post contains my personal experience so use with caution to learn from it only as an example


Apparently, you have similar story with me. When I earned over 2 ETH from promoting ICO, I start investing them in Bitconnect which is worth $1600 after converting it into Bitcoin. I was really shocked when they pulled exit scam. Frustrated, because I did believe my money would be there. Lesson learned, never invest in any program if the system unclear.
342  Alternate cryptocurrencies / Altcoin Discussion / Re: Which ICO project should I choose? on: March 18, 2018, 12:25:33 PM
Hello everybody! Hope you are doing well. The second month I have been thinking of investing money in ICO project. Do you think it is a good idea or I should just continue trading cryptocurrencies? What is the main keys what I have to look on? I am making research by finding ICO projects on rating agencies and ICO listings. What should I also look on?  Thank you in advance for your answers.

You should keep trading cryptocurrencies and start investing in a good project. You know already how to start it by finding ICO project on rating websites. Start looking on their whitepaper, team, hype and risk score. If they meet your requirements, you are good to go.
343  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Just RELAX, it will be OK! on: March 18, 2018, 12:12:01 PM
I will not sell off my asset even when the whole market crashes at the moment. I don't wanna be that part of "sheep" following each other for small profit. In my opinion, I think bitcoin will take off soon after G20 meeting. The whales is just trying to press the price as low as possible to buy more bitcoin. This is just my assumption, you are right. Just relax  Grin
344  Local / Bahasa Indonesia (Indonesian) / Re: (DISKUSI) Menyingkapi Anjlok Harga Uang Virtual on: March 18, 2018, 11:05:31 AM
Setelah di telesuri dan diamati, akibat Anjlok Harga Uang Virtual belakangan ini adalah kurangnya putaran uang virtual di market-market karena terlalu banyak penyimpanan. Untuk menghindari Anjlok terlalu besar pada perkembangan Uang virtual, mulailah meningkatkan transaksi-transaksi dan kuranglah penyimpanan-penyimpanan terlalu besar.  

Bagaimana Pendapat agan-agan yang selama ini agan amati terhadap Anjlok Harga uang Virtual ?

Pendeknya, agan mau bilang terlalu banyak supply atau lebih banyak penjual dari pada pembeli. Ini udah hukum permintaan barang gan, kalau udah gitu harga memang bakal murah. Masalahnya kita semua disini bukan pemodal besar jadi susah kalau mempengaruhi harga. Kita berdoa aja semoga hasil G20 Summit nanti bisa naikin harga bitcoin.
345  Local / Altcoins (Bahasa Indonesia) / Re: Tips Bounty Hunter on: March 18, 2018, 05:52:33 AM
Paling enak ikut bounty sebelum presale ICO karena token yang didapat lebih banyak gan. Tapi jangan sembarangan jga pilih project, pertimgangkan berapa stakenya dan jg kualitas ICOnya meliputi wp, team, konsep, risk score dan jg hypenya. Smakin bnyak peserta bounty bisa jadi bagus jg proyeknya.
346  Local / Bahasa Indonesia (Indonesian) / Jangan selamanya hodl Bitcoin on: March 18, 2018, 01:46:08 AM
Bitcoin itu tidak lain dari pada bubble tapi juga seperti batu dilempar ke dalam kolam. Bitcoin di waktu tertentu harganya bisa melambung sangat tinggi dan bisa juga jatuh sedalam-dalamnya. Tercatat sudah tiga kali Bitcoin mengalami crash cukup parah dengan penurunan lebih dari 80% dari $253 ke $43 di bulan April 2013 dan dari $1163 ke $152 di akhir tahun 2013 dan 2014. Kemungkinan saat ini juga Bitcoin akan kembali jatuh setelah diterpa banyak isu mulai dari penjualan besar-besaran Mt.Gox, isu hacking Binance, pertemuan G20, Regulasi Jepang hingga isu Google akan melarang semua iklan yang berhubungan dengan crypto mulai bulan Juni tahun ini. Walaupun isu Mt.Gox, Binance, dan Google sudah clear tapi tidak cukup mengembalikan kepercayaan investor.

Diambil dari data coinmarketcap.com, kapitalisasi pasar sekarang sudah hampir menyentuh $300B akibat aksi sell off para investor. Walaupun tidak ada berita yang valid, sebagaian besar uang segar sudah mengalir ke pasar saham Amerika sebanyak $43.3B menurut situs CNBC. Angka ini termasuk rekor fantastis sampai saat ini.

Bagi saya, masalah sebenarnya dihadapi adalah Bitcoin masih dalam tahap pengembangan dan kurang diadapatsi secara massal (mass adoption) walaupun sudah ada beberapa startup yang sudah mulai menerapkan teknologi Blockchain misalnya pada teknologi pembayaran cashless dan ATM. Media mainstream juga berkontribusi sangat besar mempengaruhi penurunan harga Bitcoin dengan memberikan prediksi absurb dan tidak mendasar misalnya Bloomberg yang mengklaim Bitcoin akan jatuh menyentuh harga $2800 tanpa memberikan bukti dan indikator yang kuat.

Kesimpulannya, Bitcoin cuma digunakan untuk mengeruk keuntungan dan tidak dimanfaatkan sebaik-baiknya untuk kepentingan orang banyak. Saya sarankan lebih baik berinvestasi Bitcoin dalam jangka waktu pendek. Pintar-pintarlah menganalisa pasar terutama grafis pergerakan harga dan berita-berita yang beredar. Belilah Bitcoin saat masih murah dan juallah saat masih mahal. Buy the dip! Masalahnya begini, jangan sampai teman-teman semua kebetulan butuh uang banyak tapi menyesal baru mau jual Bitcoin pas saat harga sudah murah. Rugi kan?

Sukses untuk teman-teman semua!
347  Bitcoin / Bitcoin Discussion / Re: GOOGLE hasn't banned BITCOIN advertising on: March 16, 2018, 01:25:28 AM
People are too lazy to read. That's why, they just absorb the FUD without thinking. What Google do, is banning fraud-related website promoting grey ICO, lending, illegal software, and exchange without withdrawal information. I believe Google is working on its algorithm and it start working from June.
348  Economy / Speculation / Re: Expect price to go up or price down? on: March 16, 2018, 01:14:46 AM
Currently, strong sell is happening because of Google's plan to ban all cryptocurrency from June. Furthermore, I expect price might even fall deeper before G20 meeting. FUDs will be fired to hurt the market. Brace yourself, I suggest you hodl or buy back at the moment.
349  Economy / Speculation / Re: bitcoin falls again: how to react on: March 14, 2018, 11:24:34 AM
You know people are panic selling, so don't follow them. Just buy more or hodl, that's the good reaction I think. According to news I heard which something like "bitcoin misery index" it says that this is good time to bag up bitcoin and other major crypto currencies.
350  Economy / Speculation / Re: Can Bitcoin Will be Zero on: March 13, 2018, 01:25:41 PM
Literally, just like banknote, the real value of its is no more than $1 because it is just a small piece of paper. SO what is the real value of bitcoin? It's actually zero but because we give it value finally it gets more and more expensive. As long as there is demand and bitcoin still being useful, the value will never be zero.
351  Bitcoin / Bitcoin Discussion / Re: What impresses you the most about Bitcoin? on: March 13, 2018, 01:22:20 PM
What impress me the most is the price. If you invested in 2015, you can buy a good house right now with bitcoin. Something I regret, that I consider myself not early adaptor so I only make some $$$$ from bitcoin. But I am thankful to be part of bitcoin.
352  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the next good ICO? on: March 12, 2018, 11:19:55 PM
You have a good a list. I am wearing member signature from one of ICOs you mentioned. If I may add, I would suggest investing in moxyone, dfinity (tba), and eos. For our own good, be careful before investing. Read their whitepaper first.
353  Bitcoin / Bitcoin Discussion / Re: Do you think it is best to invest in BITCOIN now? on: March 12, 2018, 11:12:44 AM
You are never too late to invest in bitcoin. Bitcoin has brightest future to scale up. As long as demand on it high, don't worry. We are on the right track. I even read news about a man selling his house for bitcoin.

I am also confident bitcoin will hit $30,000 by the end of this year. Keep HODL!!!
354  Economy / Speculation / Re: The real problem of bitcoin price decline on: March 12, 2018, 10:58:46 AM
You are right, ever heard about herd of sheep theory? Price is manipulated by big market movers that we always call "whales". They sell their huge amount of assets and when the market absorbs it, they will continue again. It's not only about that, they also can control mainstream media to make false rumours and FUD. Rinse and repeat.
355  Bitcoin / Bitcoin Discussion / Re: Crypto currency in five years! on: March 12, 2018, 10:53:26 AM
I don't think everybody will accept bitcoin in the next five years. The real problem is the government, regulators, and the bank. Instead of embracing blockchain technology, they have to protect their traditional system for "small" profit.
356  Bitcoin / Bitcoin Discussion / Re: Is this real? on: March 12, 2018, 10:31:43 AM
Attacks against bitcoin and other cryptocurrencies is inevitable. Bitcoin should be under control by authorized regulation to monitor all transaction. This is very dangerous if criminal seizes the system. However, it is impossible considering it is decentralized unless we are in the same boat.
357  Alternate cryptocurrencies / Announcements (Altcoins) / 🚀🔥 [ANN] ARBITRAGING (ARB/PoW) The Arbitrage Professionals 🚀🔥 on: March 12, 2018, 01:26:35 AM
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358  Bitcoin / Bitcoin Discussion / Re: why do you still support Bitcoin when it's technology is clearly inferior? on: March 11, 2018, 11:49:47 PM
I appreciate your point of view, that is your opinion. In fact, some things you say, that what makes bitcoin more valuable. THis is not about technology, but how this can be scaled up for wider industries.
359  Bitcoin / Bitcoin Discussion / Re: While you are panicking.... on: March 11, 2018, 11:43:38 PM
I get panicked but quickly I realize this is opportunity to buy undervalued good crypto currencies in the deep. Usually this is what experienced traders do when the market crashes.
360  Local / Bahasa Indonesia (Indonesian) / Re: Aksi Transaksi Penyebab Anjloknya Harga BITCOIN dan ETH on: March 11, 2018, 02:57:06 PM
Yang agan sebutkan ada benarnya terus diperparah lagi adanya isu regulasi jepang, sec dan peretasan binance. Semoga aja menjelang Q2 semuanya kembali normal. Pokoknya gak usah terlalu pikirin harga gan, kerjaijn aja rutinitas kita apakah kerja di dunia nyata atau sekedang nyari bounty.
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