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Alternate cryptocurrencies / Altcoin Discussion / Re: How do you comfort yourself after receiving token from the bounty program?
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on: February 23, 2019, 11:36:41 AM
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In this difficult market, the value of tokens is reduced very low. So, how do you console yourself? I first: I calculated the number of tokens I received, then multiplied by the ICO price, followed by multiplying it by the current ETH price. As a result, I received the corresponding ETH. I took the ETH multiplied peak rates ($1500- 2017) And I told myself if ETH peaks (2017), I will get a lot of $. Haha! For example: I received 1000 ABC token. ABC token ico price: 0.2$ Total received: 1000 * 0.2$ = 200$ Current ETH price: 150$ So I will receive: 200/150 = 1.33E If ETH = $1500 is like 2017, I will have 2000$.  ) During the bear market I prefer to dump any reward as fast as possible. During the bull market I try to keep it as long as possible. I find it's pretty comfortable for me |
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4
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Alternate cryptocurrencies / Altcoin Discussion / Re: Successful ICO With No Buyback Mechanism
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on: February 17, 2019, 08:28:28 PM
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Investors and bounty hunters are the one losing here, lots of projects that accumulated millions of dollars are worthless when they hit the market, no volume and price is down by 1000% if those coming ICO will not do buyback and the market continues to be bearish then it's all over for ICO and bounty hunters..
Your thoughts on this.?
Actually the concept of STO implies that startup should have some collateral to be able to make fund raising. I hope that in this case these projects would have some kind of buyback mechanism or at least pay bounty rewards not in tokens, but in already existed crypto like ETH, TRX, NEO or whatever where the project will be based on. |
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7
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Alternate cryptocurrencies / Altcoin Discussion / Re: 2019 Shopping List
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on: February 15, 2019, 07:57:21 PM
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There are so many top projects which have dropped more than 95% with so high volume! Take a look at QTUM - the everyday volume more than market cap. There are many other projects which worth attention like ADA, EOS, ETH, NEM, Tezos.
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10
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Alternate cryptocurrencies / Altcoin Discussion / Re: What made you fall in love with crypto?
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on: February 14, 2019, 10:45:36 PM
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For me crypto is a great opportunity to earn and change my life for better. Actually I'm self employed for a few years already thanks to crypto. And the second reason why I'm here is because it's future. Today we can't even realize how our lives will be changed with blockchain technologies and cryptocurrencies in 10-20 years.
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11
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Alternate cryptocurrencies / Altcoin Discussion / Re: JPM Coin
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on: February 14, 2019, 10:41:14 PM
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The more stablecoins market has the better for us. Now we should spend at least 5% for fees to buy crypto with fiat. But if countries/central banks release national stablecoins there is a chance to reduce that fees to almost zero in case when there are zero fees to get in national stablecoin from fiat and zero fees to trade that stablecoin to any other crypto through any reliable exchange.
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12
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Alternate cryptocurrencies / Altcoin Discussion / Re: DO WE NEED TO REGULATE ICOs?
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on: February 14, 2019, 10:37:14 PM
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ICO should be regulated and it will be so. STO should be a new type of legit ICOs with many legal requirements and maybe it will be as succeed as ICOs in 2017. I'd like this to be so, but the reality could differ a lot from what we want) In total I think that regulation is a positive thing for maturing of the crypto market.
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13
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Alternate cryptocurrencies / Altcoin Discussion / Re: Are there still opportunities for ICO?
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on: February 11, 2019, 08:13:39 PM
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At present there are still many new ICOs emerging, but are they still reliable? What I see now is that there are many ICO coins that are not registered in the market even though the ICO has been successful in sales. Yes, I see very bad market conditions for ICO coin registration on the market, but is that the only reason?
I guess there will be fewer and fewer ICO in future. Maybe STOs will take advantage, but I doubt it. I suppose startups won't be able to collect enough money and develop product before the fund raising. So let's enjoy a few more months of ICO age)) |
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14
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Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum over take ripple again in market capitalization!
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on: February 11, 2019, 08:05:33 PM
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Ethereum is making some surprises move and it has over take ripple again in terms of market capitalization. It is also good for ethereum hodl as the downward trend seems to affect ethereum more than any other coins in the market. Ethereum was having a very large market capitalization before and it has never been competition with ripple throughout 2017 were we have great bullish trend but since last year it started to compete with ripple. It is currently around $121 and has made +2% today.
Excitement about nothing? Yes, today it gets back to 2nd place, tomorrow ripple can get back once again. The fact that ripple dismissed ethereum from the second place for such a long time is a very bad sign for ethereum. And the tendency will be strengthen in future. |
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15
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Alternate cryptocurrencies / Marketplace (Altcoins) / Re: KillFish.io - economic game [ETH]
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on: February 11, 2019, 07:59:58 PM
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It's a pretty interesting concept... I think undoubtedly it's kinda ponzi game. I don't want to guilt you, because you have clear rules and each player should decide if he wants to play and probably lose money or not. The main weak point to me is that developers' fish is the biggest fish in the game. It's not fair enough imo.
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16
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: what will happen with ethereum.
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on: February 11, 2019, 07:44:58 PM
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I don't think that some very advanced and popular platform with huge amount of users and business partners will suddenly appear. Actually there are some of competitors like EOS, TRON, ADA, Zilliqa, NEM, NEO... But all of them have their own weak points. That's why ETH is a leader in the area of smart contract platforms. I suppose it will stay so in future.
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18
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Alternate cryptocurrencies / Altcoin Discussion / Re: What causes tokens been dumped after a successful ICO.
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on: February 08, 2019, 06:49:03 PM
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The major causes after successful ICO is because of the investors that are invest huge amount during the pre sale and during ICO. After they have make their money and profit they have in focus they decided to dumped the token.
Discounts are evil. Bounty in tokens is evil as well. Both of them lead to a strong dump after the listing at any exchange. To prevent it founders should spend a lot of money to buy back tokens at the exchange with a high price. But there are too few teams which are able to do that. |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Bullish trend has commence!
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on: February 08, 2019, 06:43:11 PM
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I just visit coinmarketcap now and all the coins are in green. Since this year I think this is the single pushed we have had. Investors are reacting to the news of about approve ETF by the sec. I think now provide us another opportunity to buy bitcoin at cheap price again.
We need more fuel to dive deeper. So current buyers will dump the market in some time. I still wait for 300 weekly moving average to get in. I understand that there are a lot of fomo now, but guys, we just need to look at weekly time frame  |
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Litecoin in 2019
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on: February 08, 2019, 06:38:40 PM
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LTC shows an incredible growth today. Perhaps it's because of halvening, maybe some other reason. +30% for one day is a really great result at the bear market. But I still suspect there will be dump soon. The excitement of community is very high today, after so prolonged period of a sideways price movement. It would be very interesting for whales to make a bull trap now and go down to a new bottom afterwards.
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