My honest first impression upon visiting the website, is if they plan on "revolutioning" web design than they should probably have an impressive webdesign. At the moment it looks like a wordpress template which is nothing revolutionary. What new technology are they introducing to the market? How are they differentiating themselves? Why is a coin needed?
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If the right alt comes around with a solid team that has actual marketing experience, and had someone in a position of power at a top company (such as IBM, Amazon, etc) they could absolutely replace BTC as the dominant payment form. I would say Dash has come to the closest to this, as they actually earn enough funds from the coin to reinvest in marketing, an incubator program, etc.
BTC needs to fix the scaling issue, the mining centralization issue, etc for it to be dominant in 20+ years.
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Have you tried using Steem? I tested the system and it's awful. It's like an awful website coded in someones garage in 1997. The website is almost not-functional. The only people who use it are people in the cryptocurrency industry. It's unfortunate, if it had decent software and a website makeover then people might actually enjoy the experience. Can you imagine how many more people would use it if that was the case? Right now I doubt they spent more than 4 days on developing the software.
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BTC might be the real thing, but some people are getting frustrated that it is becoming so centralized in the hands of a few miners. If BTC can ever remove mining from the equation and have transactions in the micro-seconds than it will really take off. Until then it will go up in value but never replace Visa/Mastercard.
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A year ago that seemed to be always the case, but now it's not necessarily the case. The reason for that is that people were holding to BTC exclusively to get free coins via the fork that never happened. Once people realized the fork was no where to be seen, they decided to reinvest in ALT-Coins which had been damaged by the recent mania to get free fork coins.
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Yes, I would say that is the safest bet as those two coins are not going anywhere. No matter how much due diligence you do any of these new alt-coins could turn out to be scams, as many of them specialize in deceiving people. Even with the profits made from ICOs these past 6 months, keeping my earnings in BTC would have probably outperformed those ICOs.
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I find Ripple is actually excellent for short-term or day trading. The reason for this is that there are no crazy crashes like other currencies, if you watch the market it's relatively easy to make 2 to 5% on the small daily swings that this coin experiences, and unlike other alt-coins you are not risking your initial funds, as the coin has good long-term prospects.
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It can be good or bad depending on the ICO that you invest in. It's kind of a silly question to be honest. If you click on the first ad that you see on Google advertising the next best ICO since sliced bread than you will have a bad experience. If you do due diligence, avoid scammers, and invest wisely than you are more likely to have a positive experience. Avoid scammers, be careful of these forums, do not trust ads, ignore trollboxes, and you might have a shot.
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The ICO industry is full of scams, and this is not looking good for the industry being able to regulate itself, which is why so many countries are taking the side of banning ICOs, or at least investors investing in them. It's unfortunate that the industry is to full of scammers. There needs to be some legitimate web services which can actually audit ICOs, by audit I mean being flown down at the ICOs expense, to inspect offices, financials, meet staff, etc.
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When Segwit failed many in the industry saw the writing on the wall, which is that Bitcoin cannot scale in its current form, and there are no plans in place to make it scalable for true global usage. Bitcoin Cash is theoretically a better alternative, but since like bitcoin the mining is so centralized, I don't foresee this being the dominant coin in the far future. I'm still looking for a real option out there. If Ethereum could release user friendly wallets that had actual safety features it would have the chance to dominate, but unfortunately it is not user friendly at all. I would have to say that Dash is currently the best option.
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This wallet is awful. It has no security features. It can't even be bothered to have 2 factor authentication, yet less to notify you by email when a new IP address logs in. Be very careful using this.
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The more time that passes, the less I'm seeing companies use Waves as an ICO platform which is really sad to see. They really need to give developers some incentives. I've actually sold some of my Waves for this reason, but I still think it's a great legit coin.
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Ripple is one of the few coins that actually has a solid business behind it. If you are bullish about this coin I would check out Stellar Lumens as it has much more upside potential and they are both backed by some of the same team.
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I've been picking up altcoins all week. Everyone is waiting for the fork to happen, take advantage of this situation to buy coins that are on sale. I've been buying CVC, OMG, MTL, etc and I will continue to do so.
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The guy is a bit of a nutcase, look up the documentary on him on netflix. He's wanted for having his neighbor murdered. Be cautious about this coin, and don't invest in it simply because of his famous name.
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The sad thing is if Steem could actually invest $1000 into a fresh website design that didn't look like it was made in India in 1999, then they could have the potential to actually succeed. At this point only cryptocurrency enthusiasts use the platform and I cannot see that changing in the near future.
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I think the reality of this is that too many investors are buying into alt-coins that are overvalued. Really how was dogecoin ever worth 100 million? I have also lost value in my alts due to this coming fork, but the reality is I got a bit greedy and paid inflated altcoin rates. There are some good altcoins don't get me wrong, but looking at coinmarketcap it's crazy how overvalued some of these companies are.
Long-term investors can still make money if they are strategic, patient, and smart.
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It's a bit late to buy Ethereum, but is it too late, the answer is no. If you want to participate in any ICOs, buy ETH whenever you spot a dip in the marketprice.
I do think there are some better altcoins right now with better prices, especially since the market has dipped to the upcoming bitcoin fork. Have you considered CVC or OMG?
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The more I think about it, the more I want a coin that can solve a problem that society or the crypto community is currently facing. We don't need anymore random alts that do nothing, we need coins that can scale properly (unlike BTC), that can offer micropayment solutions, or coins that relect real-world businesses that are actually capable of generating profits.
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This will probably happen until Nov 15th. In the meantime make a list of the best altcoins that you want to invest in. Once the fork happens we should see a reverse trend. It's all about market timing at this point.
Invest in good altcoins such as CVC, Worldcore, ETH, etc.
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