I don't know what happened with the Ethereum, why this coin's price is not growing that much? Without Bitcoin pumping, Ethereum can't grow a bit. Where BCH or even BSV price keeps pumping like the bull run! Now, 1 BSV coin's price is more than double of 1 Ethereum. I am a holder of Etherem, but day by day I am being frustrated by holding it, it's price is far lower than 200 USD! Unbelievable. What do you think guys? Should I convert my ETH into BSV or BCH for more profit?
we must admit that BSV is better than ethereum now because it has good growth in the market and ethereum is currently in growth but ethereum growth is slower than BSV now. so in my opinion for a trader we must be able to see the development of altcoin that we have in order to be able to generate profits for us. so choose altcoin that can give you the advantage of it. and I'm sure you have a decision on the assets that you have now. Your view is too narrow, BSV is just a product that is raised from ads and pumps, one day these ads will end, people will soon abandon BSV while ethereum may not be good right now but its improvement is increasing over time, we should look at ethereum's price, which is still stable over $250 at the moment. In particular, ethereum will be more appealing with huge events, I believe that in the next bull run phase, ethereum will prove to us that holding and believing it will bring a lot of benefits. |
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I strongly agree that learning from a book can make our trading skills better. Many good books about trading a must read. But I recommend
reading a book called "Trading For A Living" written by Dr.Alexander Elder. The book inspired me to focus on making money from trading.
Actually there are many other ways that can increase knowledge we are for trading. Now we don't have to learn from books, we can get
knowledge from youtube. Now many YouTuber which provides detailed trading knowledge.
Books can be an infinite source of knowledge for us to learn about trading but the number of people who can patiently read and refine the good points in the book is probably too small, most of us only see a few pages and then throw the book away at some point in the years, this method is not effective for lazy and impatient people. The knowledge on youtube channels will probably be shorter, they may not provide enough, but this method will focus on the main idea, take less time and practice easily |
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The main advantage of Bitcoin is fast transactions. It will let the economy to gain its potential and evolve. Being hard to earn is also among the pros because it makes Bitcoin valuable and accepted.
Despite that fast transactions, people don't usually use Bitcoin. Also, I think it will not make the economy develop or evolve but with the help of blockchain technology, it might be of help in a way for the country. It is valuable but that doesn't really matter since as long as a small population is using it in the country, it will not matter at all. People still prefer fiat, they still prefer transactions through banks, Bitcoin may be convenient in our remarks but with the worldwide number, its placement is probably not too high when too many restrictions and prices change too randomly, and this will answer that bitcoin is not so good for an economy when viewed globally. But if we look at the individual level, perhaps too many numbers help us know that bitcoin can create a huge amount of wealth for an individual, but it is not entirely true, Bitcoin is only good for individuals who are qualified to use Bitcoin as a tool |
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At the moment, it would be nice if Bitcoin cost at least $20,000, and then you can think about growing Bitcoin to $80,000.
Well, if bitcoin reached $ 20k, I would soon have sold it and given up the thought of the $80k price because this market is never as expected, analysts who are not the owners of this market, whales with a huge amount of money are managing bitcoin, they can calculate the costs and risks when they pump bitcoin prices up. That's why I feel bitcoin will not go too far, it's just stable or higher than the $20k price levels, prices are too high for those who are psychologically weak, they will constantly dump, whales cannot compensate for these damages, so can not pump bitcoin too high |
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No one can safe newbies from bounty mistakes, I wasted a whole year trying to figure out what makes a project better than the other, I never knew anything or had a teacher who is ready to show me the way but after couples of mistakes my eye gets more opened and now my research is enough for me
Indeed, it is very difficult for us to be able to distinguish between good projects and fraud projects because both are very well designed and fraud projects also look very perfect like real projects, I think you should ask for recommendations from forum members who are more senior and experienced in bounties and of course it is better to joining a bounty project that is handled by a trusted and experienced manager, so that the project may not be a scam because the manager certainly will not risk positive trust just to handle a scam project. Although members who have a high level of expertise in bounty selection in this forum can give us some reasonable advice, combined with selecting potential and reputable managers, it may limit the number of times we choose fraudulent projects but the improvement is still quite low because the quality of the projects has diminished, even for professionals, they still feel scared when participating in a project they value well. Perhaps we should still rely on luck to participate in bounty, luck right now is a very important thing in bounty. |
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Banks in Germany started to allow people to buy and sell cryptocurrencies this January 2020. I think other countries will do the same soon, Japan might be another country with such services. In the beginning, someone has to start something so others can follow suit.
What are the other countries where anyone legally can buy/sell cryptos at commercial centralized
in asia specifically in Philippines there are Banks with Cryptocurrency ATM's in which you can Purchase numbers of crypto. but Banks that Buying and Selling Crypto?that would be cool to see,imagine they are offering safe service(of course without scams like online )and this is one good moves from Government of Germany as they are one of the adopters of Bitcoin and Cryptocurrencies like Japan and other countries. well, I think a lot of bitcoin atm has been circulating so that many people will find it easier to make cryptocurrency withdrawals but it is unfortunate that currently there are still few who can accept payments using bitcoin and they are still unsure of bitcoin sellers because some countries are still concerned about regulations regarding the use of bitcoin. Crypto in the past was a potential threat to the government, although the perspective from the government was better with it but the restraint is obvious, so a country that allows banks to buy and sell crypto, I would feel a lot of doubt here if I were a resident of that country. Besides, we should keep in mind that many topics discuss the bank and government's permission to trade crypto but over time, that information seems to be removed, it is best to use trusted exchanges to buy and sell crypto |
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I have used almost two dozen different exchanges till now (2012-present), and I have seen withdrawal fee ranging from BTC0.0001 to BTC0.0015. Perhaps the highest withdrawal fee that I ever paid was with the Yobit exchange (I think that they have reduced the fees now). Nowadays I don't care much because I am not doing much trading. And I am mostly using peer-to-peer platforms to convert my cryptocurrency to fiat (or the other way around). The problem is that many of these exchanges had this withdrawal fee of 0.001 BTC or 0.0015 BTC in 2015 when the price of Bitcoin was just around $250. The prices have risen by almost 40 times from that level, but most of the exchanges haven't reduced their fees.
Well, the market has a lot of big growth, especially the value of bitcoin is overestimated, with this estimate, exchanges need to establish a fee that is consistent with that value, if we don't feel right, we can look for other exchanges with lower fees or convert to some stable altcoins, the cost will be adjusted accordingly. In addition, the high fee for withdrawing bitcoin is also a strategy of exchanges, it's not entirely bad, it will limit the situation where bitcoin is leaked too much, the market will be harder to collapse than normal |
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Well, BTC continues to star again and joined 10k club of 2020. It's clear that we are in bullish trend now and I wish to continue the same in upcoming days too, as everyone already know that halving is a big advantage to pump again and I believe the value of BTC might pump atleast 100% so eventually the price will continue to increase.
the price of bitcoin is indeed still in a bullish trend, and it still has the potential to return to $ 12,000 like last year, but it must be supported by good news and whales must enter, I'm worried if whales will play before halving Agree it is still in an uptrend but today, the stress and fatigue has shown very clearly in this long journey because we should understand that each milestone of bitcoin will need a lot of capitalization to achieve, it needs adjustment when it went up so fast and there was no time to stop, the market is lacking too much capital so bitcoin can break through the next milestones. And to make up for the shortfall and continue the journey, we can see that altcoins will be pumped for days, bitcoin's capitalization will need to decrease, $12k will become further in the coming months. |
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Base on my experience, its really hard to spot shitcoins, especially if they are still newly launched. Most of the shitcoins/ scam coins are exposed only after some time and that could even be months until you realized you are holding it.
Well, if we try to determine if the project is a shitcoin or not as soon as it launches, that is certainly not easy to define because the trading volume and demand of people is still not stable, besides, the next plan of the project may not be clear and launch, rushing in judgment just easily leaves mistakes and misses opportunities. At the very least, use a certain amount of time to consider, if it's a shitcoin, the value will drop relatively quickly over time and very little liquidity, conversely, a good altcoin will have good liquidity, the value can always go in a positive direction |
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Well, so far the price of Bitcoin has not reduced but have shown positive signs. This could mean one thing; that the majority of Bitcoin hodlers or investors are not from China. But spread across countries.
And moreover, the virus does not require investors to sell off their coins. They both seems not to correlate. Nevertheless, we hope it will be resolved soon enough.
Indeed, corona virus is becoming a fever and a topic that is discussed and researched by all countries all over the world but overall, the influence of the virus is not related to the crypto and bitcoin markets because this disease only delays traffic, limits the movement of people. While this market does not require these factors, we can stay home and participate very easily in the market, and what is very positive is that the value of the whole market is going up, I even suspect that more people at home lead to making money and investing online becomes more vibrant |
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Of course, I understand that at the time the topic was created, the question was interesting, but now the IEO is actually dead. Everyone understands that this is a short-term hype and it has already passed. As for mining, it is very risky to make any investments in it three months before halving.
IEO has only really debuted to the community in recent months and now, it still has a stable life but with a simple operation mechanism and lack of interesting points, it has really lost a lot of charisma from the community but it is not dead. Speaking of mining, it's an area that people rarely mention when it seems too difficult with the device conditions, and for a company that has an idea of combining mining with IEO, it probably won't get too many good votes when both of these are already exhausted and weakened. |
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I wholehearlty support this endeavor of yours, it definitely looks like you are doing a great job and know what you are doing, you are also showing people how they can get into these kinds of stuff as well, maybe 1 btc would be very difficult task for you and any other person but you have to start somewhere that is the point, you can't make 1 btc profit without making 1k satoshi profit first, that is how these things start. Looking at your previous trades, you are doing shorting very well, longs not so sure about but shorts are definitely a thing you understand easily, I hope for the sake of all humans that are holding btc, you do not come correct about them too frequently  . All jokes aside I am sure with the amount of leverage and options available you will make to 1 btc quickly. Anything is possible with proper risk and management, achieving 1 btc is not easy but if we have passion and commitment then we can achieve our own goal but we should make sure that our goal is realistic where it is feasible to achieve. When I started trading of bitcoin, I have a capital of 0.1 but I manage to double it in 3 months. It took me months in order to double it because we cannot always win everyday in trasing there will be times that the outcome will be unexpected. Agree that it will be possible when we can manage risk then find the right method and direction to gain the best profit from the market but all still need a reasonable starting point, a reasonable condition and goal, can't set a goal too far when the start is too low. It's similar to when we go up the stairs, we need to take steps step by step, sometimes two steps but the risk is too great, we can be good for the first few times but in the middle of the road, we can still fall to the ground, need to raise more capital, cannot operate with only 0.005btc |
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Unfortunately, there have no way to punish them. They use fake identity. Many newbies fall in scam. We can ignore there project and Who promote scam project we can report them.
Yes, it would be great if you want to report beginners who promote scam projects, because that way can reduce the promotion of the scam project a little, so that no more victims are tricked by them. Reporting phishing projects is a good thing, but with the cunning of these projects, we may not be able to find the gap and prove that they are providing fraudulent projects, even a lot of ICOs are operating properly and promising a lot for investors but until the final stages, capitalization was not enough and they suddenly became genuine fraud projects. Therefore, for fraudulent ICO projects, we still cannot solve them thoroughly, it is better not to invest in them, investing in listed altcoins is safer |
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You must look for the coins potential if it will be able to sustain its needs for a long time. Also check the backgrouns of the developers if they have been part of some successful project for you to check if they are legit or scam. Also check the current market movement if the value of it is good to invest to or not.
Well, checking the people or names behind those projects are the first or the investors should prioritize. That is the most important before you look on how promising the project is. Read the whitepaper, there are a lot of ways to determine if a project is legit or not but there are some that is hard to identify. Although we can check the people behind the project, I believe this test is just a small piece of information, it is not entirely possible to know clearly whether the people behind this are real or fake, even the whitepaper is similar, plagiarism and sophisticated counterfeiting cases are often visible, that makes me unable to believe in these factors when considering a project. I believe in more professional people, hunters are constantly looking for fake projects to alert, they have the software and tools to identify the project correctly |
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As we all know, the prices of Altcoins are very dependent on the price of Bitcoin and until the real bull run begins, Altcoins will still be at the lowest level. I am sure that the prices of all cryptocurrencies will jump, but we must be patient, because we may have to wait a few months.
Indeed, we will probably need to wait a few more months before altcoins rise because right now, the value of bitcoin is creating a dominance and bloodshed in the market, virtually altcoins will continue to decline as long as the value of bitcoin does not stop and continue to rise, only when bitcoin receives an adjustment and capital allocation back to altcoin, that will be the moment when the altcoin jump up. |
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I admit that BCH and BSV are far more profitable than Ethereum. but only for the beginning of the year until now. Many people get profits from both. Better you are patient. Don't sell the Ethereum that you have. If As you said, if the price of bitcoin does not up, ethereum prices do not up, then when bitcoin prices go high after halving, ethereum prices too will go high.
in terms of technology I think Ethereum Lah is superior, but for the price of Ethereum it hasn't been able to be good for 2 years, rest assured someday Ethereum can recover Here, perhaps we should not compare technology when technology cannot be profitable or fully evaluate the potential of that coin in this market, what matters here is people's interest in that coin during this period. Right now, ethereum is considered to be more disadvantageous than BCH and BSV when the market demand does not belong to it, the pumps randomly appear in competitors, BCH and BSV are having a stronger recovery, eth can't be compared right now but remember, just for the moment, not forever. |
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I often do that from time to time when I want to buy something. There were some events that I go to a coffee shop or restaurant to order some food, and I see that they don't have QR codes displaying.
That's where I started opening up to them about digital payments and Bitcoin. Although not all of them are interested, but at least I let them aware about the positive use cases of Bitcoin and other cryptocurrencies to restaurants and coffee shops.
It's all about massive adoption by giving them awareness.
As you can see, not everyone is interested in the value of bitcoin, even believing that it is a secure payment method, although some people may be interested but it is just a supplement to their knowledge and such superficial reactions, I think we should pay directly with the usual payment methods, it will not waste time from both sides. Do not worry when we do not have the experience of paying with bitcoin, with the pace of interest and development, the future is still very welcoming to Bitcoin to become part of society and the world. |
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I do not know how will it happen as it is equivalent to saying what if networks stopped working and internet gone. Let's us assume your fantasy even it happens then for short period of time u will see some rage moment across the globe and it might lead to big chaos scenario and we might see major accidents.
Cryptocurrency can still vanish without shutting down the internet. It could happen once the government order its citizen to stop using cryptocurrency for certain reasons. Even though most of the cryptocurrencies are decentralized, they can't still stand against the government because it is still mandatory to follow its orders or else you will end up in jail. If the government really had the capacity to control and manage crypto, crypto were not able to grow until now, you can see a lot of bans have been issued and then repealed, all of which is useless with crypto, that means crypto will not disappear unless the internet is completely destroyed. But the internet is always a very important and secured network, if it is destroyed, not only will crypto disappear, so many other products will disappear similarly, I do not believe that the authorities may be careless in this situation |
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I can't says anything because this is the reality and OP says was very correct that ICO was totally dead although there was potential upcoming ICO but eventually investors will not interested anymore to invest and also about IEO when people thought this can be good solutions to restore people confident but the results are beyond people's expectations that IEO not so different such as ICO even maybe half dead and these situations makes bounties program also near to end
We are now really frustrated in choosing Bounty, almost all of the Bounties currently available are scams, or only produce tokens that are not valuable in the market. I think ICO or IEO are the same, neither provide profits to investors or bounty Hunter. Indeed, looking back in recent years, projects have become too poor quality, they only try to attract as much money as possible and ignore quality, bounty has also gone down since that time, a lot of projects have been vacant and not listed so far, only a few have been listed, but the success of them is not so much. Although the arrival of IEO creates hope but it cannot bring the bounty back when projects are constantly late, the road ahead of bounty is probably very unpredictable with negative factors in the market |
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To me ICO and IEO are somehow identical only the main difference is that things are easier in IEO, the question is does making it easier change the overall view of perspective regarding investors or its just the same making IEO a faster or more convenient version of ICO, it bothers me a lot since for me making it more convenient is a side grade more than an upgrade since it just offers extra utility and it does not make IEO better than ICO.
Tell me what you think, is IEO better than ICO or they are just the same with only difference in method.
Big matter is trust than faster funds rise. ICO hasn't support by anything or confirm listed any exchange but IEO is already confirmed to listed after IEO. I think before ICO or IEO, if any project can confirm any big partnership or top exchange, funds rise will be easier than normal ICO. Well, the official confirmation of getting listed before starting to raise funds, it has been a key to opening the heart to investors who can only make a profit or lose a little, no concept will lose everything like an ICO, so IEO is a similar version but solves the concern of customers, the ICO just waits until the day it is phased out, ending its life. However, like many other investment methods, IEO is only slightly improved, one day a change in the title will appear, something will be better than IEO, this is the period that shows the rise of the market |
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