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881  Economy / Economics / Re: Sick and tired of the cryptocurrency bullshit!!! on: October 13, 2018, 08:20:32 AM
I get your point but being this irritated about the price will get you no where. use this as your advantage and be more practical in investing. Invest what you can handle to loss.
Agree with you. It is no use being depressed about cryptocurrency bullshit. Istead of that, I think we should spend time to learn more about crypto and gain experience about it
Being in a depressive state because of the market will not even solve anyone's problem at the moment and it would only get to worsen things for such an individual eventually. There is so much to the opportunities every trend in the market brings and because people mindset is already clouded with the idea of getting rich fast, the ability to think straight and be wise will deteriorate. He may call it cryptocurrency bullshit now because of his own lapses, and rather than finding where he has made a mistake and amend some things, he is out there blaming the world.

I hope in the long run when he sees the market grown hugely; he won't come back telling us stories of how he missed the train now because of his own wrong decisions.
882  Economy / Economics / Re: harmonization of fiat and crypto on: October 13, 2018, 07:49:17 AM
if it is made to collaborate both fiat and crypto for the future it is very good because later many countries that do not accept crypto will accept crypto for the collaboration thus this system will be more secure and all people will want it to join the cryptocurrency world.
As far as I am concerned USDT is fiat even though it is on the blockchain and so is any other stable coin. According to the dictionary, fiat is a formal authorization or proposition; a decree. It is more or less not the cash itself and as long as that decree can be placed on the blockchain, where we get to have centralized digital currencies, then, we know fiat will still be in play. What I see in the long run is centralization and decentralization going hand in hand within the crypto sphere but there is no way on earth that government will integrate decentralization protocol into the system.

Fiat obviously will not die. We are talking about evolution of money here and fiat is just a system which is centralized, and the fact that government in the long run will definitely come up with their own ways of getting to build their currencies on the blockchain does not mean they will come up with a decentralized entity as we all know they will always want to be in control.

In the long run, physical cash would probably get eliminated, but one thing with fiat, is that it would still be around, but sure, there will always be an alternative of some sort which is where decentralized cryptos will come in.
883  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO Investments Why Risky? on: October 13, 2018, 06:56:55 AM
Because many irresponsible people want to take benefits from crypto growth and they dont have real project. Some ICOs very slow when want to land on exchanger and it make investor waiting too long.
Irresponsible indeed and I must say it is just something we will have to get accustomed to until the space becomes regulated.
As it is usually said, in a lawless country, there is no sin, and this space is more like a lawless space, and no one considering where such activities would land them if they ever try it in the real world.

I still so much believe that with regulation a whole lot of things would change. ICO investments will always be risky at this point for those who are actually not doing proper research before they end up in a project. That idea in the mind of scammers that there are still gullible investors is what has been keeping them going and until we start having that out of the way, it would be hard not to keep seeing them until we see the space being regulated.
884  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH price is still upward. on: October 12, 2018, 06:53:49 PM
Ethereum coins all people because with Ethereum everything will be fine.
Ethereum does not have the wrong if you are a HODL, because even if the value goes down but the Etehreum is still widely used in the ICO.
Even if we have to compare last year's starting price and this year's bottom so far, I guess anyone in their sane mind would know we are still in an uptrend in the long term and it would only take those who are smart to know that anyway. There is no market with potential that actually will not end up rising eventually, which is something I totally believe will happen with Ethereum. It still remains a well-used project based on it smart contract platform and that has made it to gain relevance over time in terms of growth and I do not see that changing anytime soon.

Ethereum will definitely rise again, but you have to make sure that your profits are not too greedy, and perhaps Ethereum can't go back to last year.
Of course, and I do not see anything stopping that actually. I believe when the whole market ends up recovering, the chances of seeing Ethereum going great will always be intact. You want to view things even when it comes to profit depends totally on what you see in the long run actually. So far, I believe anyone who is pretty smart will be seeing this moment in the Ethereum market as a point to be getting in huge actually. We really cannot say how far Ethereum would go, but we sure know there is a great potential for it in the long run.
885  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto Startup Pundi X Says That it Made the ‘First Blockchain Phone Call’ on: October 12, 2018, 05:42:08 PM
If this is indeed true then this is a very big deal for Blockchain technology, it would put an end to Bigbrother monitoring ones phone call. I think I need to read more about this because i have seen so many developer making claims and at the end of the day find out there are not what they painted for public or below public expectation
I have always believed this is one token with a very great potential and apparently, it is one token which I believe will really do great in the long run and it is really worth holding for as long as one can.

To have something like this in place shows a team that is actually working round the clock to come up with a usable product and seeing the application of the blockchain technology as a whole. These are two solid products already when it comes to payment system and then first blockchain phone call, this is really interesting. Been holding PundiX since it got listed on Binance anyway at 25sats, and I am holding this one tight.
886  Other / Beginners & Help / Re: Are you tired of centralized cryptocurrency trading platforms? on: October 12, 2018, 12:07:33 PM
a decentralized application can't win the battle against centralized apps. cApps are much faster than any other dApp, try to run a dApp with 100 of millions of users, like facebook, youtube or any other platform that has a huge amount of traffic. Maybe it can, but we will need more computational power and resources. I mean it would be interesting to have an OS that in the core has already preinstalled dApps shop, where you can install it with one click. But I just saw one smartphone project, that tackles that issue.

My comment doesn't fit the thread, anyhow, because of centralized exchanges, like Coinbase, Binance, Bittrex, bitcoin has to gain the attention of the world, without them bitcoin would never touch the $20k.
Centralized will always be faster one way or the other and at the end, those who are regular traders will just have to find a way to trust centralized exchanges with their funds while making it an important thing to try as much as possible to make sure they at least take advantage of the security of the exchange.

From what we have seen for a while now, we can see how lagging most of the decentralized exchanges can be, the terrible nature of the user interfaces which sometimes I wonder how people even make use of it to make a trade easily and the fact that you won't really have that much of a flexibility compared to when you are making use of centralized exchange where you can either trade on the go via your mobile or use some applications.
887  Economy / Speculation / Re: Is $6000 to $7000 the stable price for bitcoin? on: October 12, 2018, 08:01:20 AM
Previously I also thought about the same thing where the value of $6k had survived for a few months and felt this was a trend where the value of bitcoin could be stable, but now the price of bitcoin fell again and seemed to touch $5k, if this continues then the stabilization of bitcoin prices is not maybe for now or even later.
It is actually just more like a sign of the bulls trying to tell us they want to get back into the market, and all I am seeing at this moment is possible accumulation while the $6k is holding on strongly from experiencing a break out downwards, but all we are actually left with at the moment is anticipation for what is going to come in the future eventually. This would not last for so long as I believe that in a way, we will end up seeing the market taking a direction eventually, so at this point, we guess the only thing we have to do is wait.

Nothing is stable yet. The fact that we are still moving inside a big triangle actually is the reason why we are seeing such movement between $6000 and $7000 but I would not actually consider that magnitude of movement a stable price, I only see a market right now trying to find a direction as the case may be.
It seemed like stable around $6500 levels but yesterday we got another dump toward $6300 levels which meant we are still in volatile market and thinking toward $10k may not be right as it may need some more consolidation time.
888  Economy / Speculation / Re: 2014 vs 2018 on: October 12, 2018, 07:10:08 AM
What is the result of these differences - is it possible bitcoin will never pump again due to crypto trading action being permanently dead and trading becoming so difficult and transparent it's no longer worth playing with?
What happened in the past doesn't really have to repeat itself at all. What happened in 2014 was related to mtgox and right now we do not have anything remotely similar to mtgox happening yet price keeps falling and not increasing.

It is true that the only similarity is people got really excited and many people said "I wish I bought at 250 dollar prices before it went to 1400 dollars" yet when it was $1400 they didn't (me included) purchased it and when the price fell down they were like "told you!" and then it reached $20k.

It was still at around 900 dollars at around 2017 last year summer before it skyrocketed. So, we may or may not wait a long time but I doubt it would be similar.
889  Economy / Speculation / Re: Bitcoin Volumes Surge Nearly 30% as it Price Breaks Out of $6,550 on: October 12, 2018, 06:34:56 AM
For that last part, this is something we are all possibly looking at to know how things would eventually turn out but it is still hard to tell. Technically, we have been creating a higher low from June and possibly we can say we are in a triangle at the moment with the market trying to find a direction as the case may be.

We cannot really tell yet what this direction would end up as, but usually at times like this, the optimism is always a great thing. There are so many reasons to think the market would go bullish before the end of the year, technically and fundamentally, but for now we just wait and see how things would eventually turn out.
890  Alternate cryptocurrencies / Altcoin Discussion / Re: Number of altcoins keep increasing! on: October 11, 2018, 06:25:05 PM
I see alot of altcoins and tokens been introduced into the market every day and I keep wondering if that is how this industry will keep growing.  The number of altcoins does not translate to increase in the over all market capitalization of the cryptocurrencies market and it that means that some of the coins we currently have in the market is not needed!
That's the sad reality that some of the altcoins in the market is not needed or they will die soon enough. Some developers are continuing to develop coins/tokens to earn money without a solid project thus contributing to the number of altcoins that is in the market right now.
Well, it is just a reality we practically have to get used to at the moment, until we possibly see some level of regulation as the case may be in the ICO world and on the exchanges.

A time will come when I believe some of the coins without products and development will not even have a place in the space anymore and that time is getting pretty close, we are seeing criteria for listing on reputable exchanges increasing, we are seeing shit coins getting delisted and we are seeing newbie investors getting smart to know what they should be looking out for before investing into anything and with all these, it would be about quality and not just quantity anymore.
891  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What happens to crypto in a crash? on: October 11, 2018, 05:50:33 PM
Many economist are predicting a crash soon. Even if it doesnt happen soon, we know from history that the crashes happen about once a decade so it will only be a matter of time. What are your predictions for crypto? I haven't really seen it being mentioned much in these reports or articles but i think we might be in a world of hurt.


-I'm talking about a crash on the banks and fiat and the effects it will have on crypto. Which now that i'm thinking more about could be very beneficial to crypto. I'm still not sure how things will turn out, but I'm now going on the side of uncertainty than just doom.
I am not sure what you are referring to as a crash, but whichever way you want to put it, most of the things that happens in a crash most of the time, is to just see the shit coins paving the way in the market and never recovering afterwards. A crash does not just happen as something would possibly have to instigate it, but whichever way it is, I know it is bound to happen at some point and even though some may not see it as a crash, but just a normal downtrend and take advantage of it to buy the dips of projects with prospect, I believe it would be something that would help clean the space hugely.
892  Other / Beginners & Help / Re: Are you tired of centralized cryptocurrency trading platforms? on: October 11, 2018, 08:47:21 AM
very small percentage of the crypto traders population have an idea on how decentralized trading platforms works.

How can be so sure with this line? because most trader do use up centralized exchange doesnt mean they dont know how to use DEX? I dont think so, i do rather believe that most people do know how to use that if not then using dex arent really to technical even having an average knowledge on how crypto works will definitely get the idea on how to use up. I know how it feels on going contrary on how should crypto be but dealing with fiat transactions you wont really have any choice.
I agree, everyone uses centralized exchanges as they have normal trading volumes and everyone knows about decentralized exchanges.
The thing actually is that when it comes to user interface, when it comes to easy usage, decentralized cryptocurrency exchanges have not been able to get that into play yet and with that, it would always be hard to see liquidity in place when compared to centralized exchanges.

At this moment, we really cannot do much than embracing centralized exchanges for big volume traders, at least as long as they are compliant to a particular country's law and policies and you are somewhat covered as a user. I would not want to trade where I know to get out of a position will be difficult because of liquidity, would I ?
893  Economy / Speculation / Re: Is the hype starting? on: October 10, 2018, 06:56:55 PM
I've started to see the hype forming myself.  I have a few friends that are starting to buy bitcoin while the price is still cheap, they are confident it will be back over 20k within a short time.
yes it will back to the ATH soon but in my view not on this year because short time is not enough  time to reach that value again which is even 2 months isn't enough unless the growth rapidly increase to the ath . 'cause unfortunately nowadays market has no enough strength to constantly growing due to the current situation, which the main reason why market become stagnant until now. And IMO probably even 10k is impossible aswell until year end.  
I would not be so affirmative on that and that depends on how soon you are referring to anyway. Yes, the chances are there, and we could peradventure get to see the market make a good move one way or the other towards the bullish side since the sentiment in the market right now seem a little bullish but there is no clear direction yet.

In the long run, new ATH is something we will get to see with more mass adoption and I would not doubt that at all, considering that we are pretty much low in percentage of adoption globally right now, but as we start seeing mainstream adoption and real life usage, the sky is the starting point.
894  Economy / Speculation / Re: Buy Bitcoin Now For end off year 2018 on: October 10, 2018, 03:53:26 PM
He became bearish later on after estimating that we are near for this year's end. $9000 is a reachable amount for this year and he considers that too much price and speculation for this year won't ruin his reputation if he's going to change that. Buy bitcoin now while you still have a chance to have it under $7,000.

We may not see it below $7,000 again or I might be wrong but that's not going to stay there forever. I'm not an expert but for the past years you'll notice that every year there's an increasing pattern for bitcoin.
You are not wrong, but the thing with the market now is that nothing is guaranteed. This is not about being pessimistic, but looking at it from a trader's point of view, sideways movement is always better to get in when there is a break out and usually risky though because sometimes, the break down happening downwards can sometime be crazy.

For what it is worth though, the chances of seeing the market recover from here is absolutely there and there is no doubt about that, but at the same time, we also have to understand that until we actually see the market giving us a higher high and low before we can indeed say we are in a bullish movement.
895  Economy / Speculation / Re: Do you think their will be another Bull Run this year? I D0 NOT THINK SO! on: October 10, 2018, 02:17:49 PM
if you say so, you think that will never be a bull run like the past bull run in the future...

well, i'm pretty sure that there will be an other great bull run, but not before 2020..
Completely agree, and as a prove - just look at the BTC/USD chart, at previous tops, they never happened the same year, some momentum must be built for the price to continue the growth and it needs time, maybe even a few (2-3) years.
I would not actually expect any bull run before the end of this year actually, but things like this are always hard to tell. For the general alt market, we are actually beginning to see some bullish behavior but until we really get to see it happen for real before we can even start thinking of any possibility at the moment.

The market has been in a sideways movement and the direction of bitcoin will somehow determine a lot of things, but for now, all we can just do is to wait. We may see it and we may not, but what is important is to always take advantage of every opportunity that comes. Like most other long term believers expect, this year end also must be another fun filled hopefully hence looking for another bull run at any time to get started.
896  Economy / Economics / Re: How to implement the bounty campaigns effectively without spam? on: October 10, 2018, 01:27:36 PM
A lot has to do with the manager when it comes to preventing spam and I agree with the fact that reducing the number of posts sometimes and limiting it to a number of quality and on topic post is always the best bet when it comes to trying to reduce spam.

As long as spammers see there is nothing for them in the space, then there is no way they would not have to either adjust and get ready to learn to be able to contribute effectively within the community and for those who may find that hard to do, may just eventually end up bailing out but like I said, all these would ball down to each project as well as the bounty managers, as some bounty managers may be too lazy to even be checking out posts.
897  Alternate cryptocurrencies / Altcoin Discussion / Re: Buterin is preparing to leave Ethereum. on: October 10, 2018, 05:34:04 AM
The information you provide is not at all authentic. I visited Vitalik Buterin's twitter but did not see your post. IMO, Vitalik Buterin's departure from Ethereum at the present time has no impact on the future of ETH as this crypto is considered as a potential market that is likely to outpace the BTC market cap in 2019.


I visited it too. These might be an attempt to spread FUD in the community or they just really exaggerated one of his comments and did not understand the real context of it. Vitalik has become strongest the foundation of Eth and also on of the famous personalities on Eth so I think he will not do that because he is a true supporter.
Of course, it is an attempt to spread FUD.

Unfortunately, some will be gullible enough to want to listen to it and even act on it, but at the end, it is just a tactics of someone trying to use that news to want to drive the market down so they can get a lot to favor from it.

When I saw this, I did not even pay any slight attention to it as I am sure there is no way such would have happened and we would not have seen it in most Vitalik's social media pages, and what we are seeing is someone giving us the news on development of Ethereum protocol every single day. Hence, someone coming up with something like this, actually shows someone who is dumb enough to think people will not be smart enough to know this is just some FUD news.
898  Alternate cryptocurrencies / Altcoin Discussion / Re: where are the investors? on: October 09, 2018, 04:24:55 PM
In global level, everyone hold one concern and that is, uncertainty of Cryptos and that's why we need the Institutional Investors so that we can see the stability and when we attain stability then more investment injections will increase.
It is not even about uncertainty right now as there is one certain thing I know and that is the fact that investors are still investing in projects with very good and unique products as well as team they can trust to deliver.

It is the ICO space where a lot of scam has been evolving, and for the fact that it is a non-regulated space, the importance of doing due diligence is one thing investors tend not to shy away from when they know they are giving you their money. It is one thing to want someone to invest in you and it is another thing to give them enough reason to trust investing in you, and that is one thing a lot of projects today lack.
899  Economy / Economics / Re: Goldman Sachs Launches US Dollar Coin (Fedcoin). on: October 09, 2018, 03:49:25 PM
Fedcoin will be operating in the ethereum space. This coin introduces some form of stability in the market but it is still not the best coin to invest in, because its con resides with its stability.
It is not actually a coin that is meant for investment, it is a stable coin and the idea is to have something investors can always use to hedge their funds in the long run based on the fluctuations of the market and its volatility.

I believe it is something a lot of investors will find interesting, judging from all the fears that have been erupting with the way things are going with USDT and the worries when it comes to the possibility of seeing USDT implode someday. It is not actually different from the normal fiat which is why I said there is no point considering it as a form of investment in the first place.

But for a coin, backed by a very renowned institution, I believe this is something that would make a lot of sense in the long run, and maybe this is the time we will start beginning to see USDT taking some hit with all these development coming up as we get to start seeing USDC on most exchanges which would actually be somewhat safer and will bring less worries when it comes to hedging your funds in fiat. In some sense, it may turn a very good one looking at the fact that financial institutions who have been against the evolution of money when it comes to seeing bitcoin thrive are the same set up of people wanting to be a part of the space now.
900  Economy / Economics / Re: A global currency may be powered by the blockchain on: October 09, 2018, 11:45:45 AM
We will need big infrastructure for this one. When we say that we are already running over the public ledger and thus we dont need anything else to run the blockchain then we should note that its not the way it works. If you want to run the internet then you have to be connected to local host, then local host has to be connected to pre-host, post-host and to the main host. Things are like that only for the blockchain if we have to use it in the real world. It will need big network to work out under stressful conditions of networks and as you can see we are already getting network congestions all the time then, at the time of full capacity it will crash very much often.
Its not like just announce the bitcoin as world's one currency and start using it, but its far more complex than that.
A really big infrastructure and where will the center of it all actually come from, unless of course we will just end up seeing the governments all over the world coming with a decentralized currency which we all know it is something that would be very hard or impossible to even see.

Knowing that a lot of countries are independent, they have the right to choose what is best for them, and you cannot just impose a single currency on the global world even though it is on the blockchain, the chances of seeing something like this happen may be hard if at the end of it, it is centralized. Something like bitcoin would have been able to fill that gap since it is decentralized but we all know how governments and banks frowns at decentralization.
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