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1  Economy / Economics / Re: Fiat Vs Cryptocurrency, which would you choose? on: January 08, 2020, 09:29:26 AM
I choose Cryptocurrency. People may have different preferences. Nobody gets involved. There are those who want to be rich in taking bitcoin. However, there may be people who want a more transparent economy by trading with bitcoin.
for now fiat and crypto currencies are still interconnected, and inseparable,
crypto currencies will not be useful if fiat doesn't support, but maybe the future of fiat will disappear
What is the reason that Fiat may disappear in the future? To me, there's no reason for Fiat to disappear because it's cash and it existed long before cryptocurrency appeared. If Fiat disappears, I think the world economy will collapse. And cryptocurrency will never replace Fiat, it's not easy to change the habit of using Fiat in people's daily lives.
Imho, FIAT may not disappear, but it will change the method used in the future. Instead of using paper money, many countries have adopted digital applications or VISA, Mastercard, to replace the shortcomings of paper money. I firmly believe that in the next 20 years, people will hardly have to use paper money to pay and trade except in exceptional cases, everything is possible through a government-run Blockchain system or digital currency system. China is one of the first countries doing that now.
2  Economy / Economics / Re: BTC to GOLD on: January 07, 2020, 08:38:20 AM
As the poll question states, in your opinion, is it a good idea to buy (stack) gold?

Feel free to elaborate your answer.
Why not? Gold has always been a reliable asset, while Bitcoin has only been around for a decade; it's hard to put all faith in Bitcoin. With the current situation, when the economy is unstable, and the political situation is also increasingly tense, Gold is not a wrong choice to protect the value of everyone's assets.
Also, I always remind myself to put money into different types of assets as long as I can buy and manage them. Real estate, housing, gold, Bitcoin, or even some savings amount are all assets I save.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin investment? on: August 25, 2018, 09:27:57 AM
If you are new to invest, then it is late because the market is recovering from the exchange rate. So this time should not invest but should wait for the next downtrend to be able to invest and hold. This time if you invest in cryptos, the high possibility you will be lost in all your assets.
It is not late at all my friend, there is still time time and all are welcome to be a part of crypto investment. Though early comers have taken the advantage but still our market is open for new comers. They aren't losing if they knew how to strategies their money and it could be possible that they might be profitable than to old ones.
In the present, I don't think other times will be better than the current time to starting buy cryptocurrency and create your investment for the long-term. Of course, not much people trust the future of cryptocurrency for the first time know it. However, in the next few years, the value of cryptocurrency market cap won't stop at hundred billion dollars, I believe that amount can increases to trillion dollars soon.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [THE WORLD'S FIRST DAICO] The Abyss - The Next-Generation Game Platform on: August 04, 2018, 11:23:55 PM
Sadly, I missed the chance to buy this token at 0,00004xx ETH/ABYSS. The past days, I knew this coin can increases again because it's the no.1 on the competition of Ethfinex (Bitfinex) voting coins in this month. I believe the Abyss can recover to ICO price after listed on Ethfinex in the next four days Cool.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: Scam coins everywhere. on: August 04, 2018, 10:38:15 PM
Unfortunately, how many campaigns did they all come to fake.

Yes , sure there is too much scam project out there,.
Scammer give a legit information , like you can get 100 %profit  , etc.
A lot of people out there , with less information , they fooled.
I think we must research first if we want to invest our money to cryptocurrency/ ico project.
We must be careful.


That is why if you want to join in any ICO projects you should have a basic knowledge and you should know how to scrutinized it before you attempt to join and put your money as investments.
This is very correct, there are many scam projects with good face, it is hard to understand that they are scam. That's the actual question in investment in cryptocurrency.
As long as you can contact the government to guarantee your investment is safe, you don't need to care about ICO scam. But the fact, no country has this law! Just until you got scammed by the scammers, the government will help you to catch them and "get money back" to you. Can you understand my thought? Roll Eyes
6  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🔵 UTRUST 🔵 The future of online payments is here. on: August 04, 2018, 10:09:16 PM
Yet the price of UTK keeps going down down  Roll Eyes
it looks like UTK is hard to up climb back as expected by people ie $ 1, sad to see UTRUST prices now because UTK token holders can not wait to sell them if the price goes up.

Over time, this token is becoming more valuable as it forges new partnerships that will give it extra boost and efficiency. I think that ATH of more than $1 will be surpassed once the markets went bullish. Imho.
In general, the UTK's investors are waiting for a boost from wealthy investors, such as the US's investor or the exchange-traded fund for cryptocurrency, not stop in Bitcoin. The most important thing is the UTRUST team can choose which the best time to release their product, apps, or simple is an announcement about anything can affect the value of UTK token at the time bullish market come back. I think so!
7  Alternate cryptocurrencies / Altcoin Discussion / Re: Long-term investment. on: August 04, 2018, 09:54:53 PM
Long term investment is the best bet. Lowest probability of loss.

Really? I don't know that Roll Eyes. I lost many money just because I HOLD a lot of tokens received from bounty campaigns. I remember I had a lot of opportunities to sell OPT token to get few thousand dollars, but after hold this coin in one year, since the same month of last year till today, that amount value is just few hundred dollars Smiley.
8  Alternate cryptocurrencies / Altcoin Discussion / Re: How to protect your wallet from hackers on: August 04, 2018, 09:30:31 PM
This is for those who use wallets with cheap transaction fee, such as ethereum based wallets.
There are some who cannot yet afford to purchase a hardware wallet. On that note, i have a suggestion on how your wallet can be safe from hackers. I have always noticed wallets that get easily hacked are those that are subject to public view.
Try as much as possible to have a separate cold wallet address that you do not copy and paste the private key, and neither do you share the address with anyone. You can use it to store most of your valuable coins.
Even if you want to transfer any coin or token to an address belonging to another person, first transfer it to your public wallet before sending it out.
You intend to say that we should buy a hardware wallet like Ledger, Trazor or other hardware wallet brands is available on the world, is right? Honestly, the developers of any cryptocurrency still want the crypto user's use the core wallet (the first wallet release or the official wallet can sync blockchain data). Because more people use core wallet, it can create a strong system to against attack 51% on the network or attack hacking by the hacker.
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] KICKICO - PLATFORM FOR FUNDRAISING ON CRYPTOCURRENCY on: August 04, 2018, 09:20:12 PM
Hi guys!

We are happy to announce a grand competition with a prize fund of 2 500 000 KICK!

The KICKICO contest will consist of 3 rounds and Big Final. The winner takes it all! Almost Wink Because we will have 22 of them! Apart from the winners of each round, we will also pick the most active ones who will compete for the great prize at the final round.
 
The contest starts on Aug 8.
 
We will share details and rules a bit later. Stay with us and increase your capital!


Hmm, is this contest related to KICKICO upcoming big news? Because Aug 8th is the day to announce about the big Asia exchange-listed KICK token. I guess this contest can be related trade token on the new exchange, as the contest has applied on Kucoin exchange. Roll Eyes
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [THE WORLD'S FIRST DAICO] The Abyss - The Next-Generation Game Platform on: July 29, 2018, 04:59:31 PM
[July 13, 2018] - Vote for The Abyss and Get Your Reward!



KuCoin Competition for tokens listing is LIVE and The Abyss is the part of it! Supporters will be rewarded: 100000 USD in ABYSS tokens will be distributed among the voters. Vote for The Abyss and get your airdrop.

Find out the conditions here: https://theabyss.link/kucoin-voting


what a result of this plan ?
i mean , are abyss will be listed to kucoin ?
because i dont see any info about that
also on kucoin twitter still no tweet about that voting.
No, TheAbyss lost in Kucoin Competition for token listing. LockTrip is the winner after all, by some reasons of the Kucoin manager this competition. You can read more details here, from Telegram Pinned Message in Kucoin Vote Channel:

11  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Tactics When Market is Falling on: July 29, 2018, 04:27:37 PM
Hi all,
I am a relative newbie but have remained pretty calm during the difficult last week or so. The markets are falling significantly again, is this still relatively normal and is the best advice just to HODL? Moving forward I think I will set stop losses on all holdings to protect my capital against falls like this.
Thanks

HODL - the best option to save your assets, proven over last 9 years already.
Yeah, and someday, you will lose all money invested by HODL, haha. You don't understand the method a smart investor start to hold an asset different the noob do the same. Example if since 9 years ago you didn't choose Bitcoin to hold. Instead, you select a shit coin (a failure cryptocurrency) to keep or other assets like a stock of a scam company, do you still have profit at today?
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Should I continue to invest? on: July 29, 2018, 03:32:34 PM
I had invested one ICO previously, it failed although I didn't contribute a huge amount on it. A news yesterday made analysis on blockchain ICO projects, mentioning 92% of these ICO projects are failed.. Should I stop investing the others or any really potential ICO suggest?

From what source did you get such statistics? Is it reliable?

Better to do your own research to understand is it safe and profitable to invest in this particular ICO or no.
Although I don't think the total legal ICO projects failed up to 92%. However, I'm sure more than 50% of ICO projects failed after the call for investment, or others usually call it's the crowd sale time ended. The fact, almost the ICO projects create ICO while they usually don't have result from old work or the idea they are wanting to develop and grow more. This is the main of reason to make ICO become a place for speculator and make ICO market be worse.
13  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] | EDO |EIDOO Wallet - Hybrid Exchange - Marketplace| OVER 80k ETH RAISED | on: July 29, 2018, 02:51:56 PM
This token keeps falling and falling in price. Perfect example on how tokenomics are more important than how well a project is implemented or how good an idea is.
So many tokens were absolutely rekt by shit tokenomics in 2018. SAD!
We can't stop the falling of its price because its natural phenomenon of falling marketcap and aggressively bringing back of it. Just focus on what you know that will be good for its tokeneconomics that you are saying see it as a future and not this 2018 only.
In the last year, many people want to invest money to ICO projects, because the ICO market looks like as the place to invest about blockchain projects, I'm sure a lot of investors had this thought. They don't know how to make money from the blockchain technology, and by some promotion, invite by others, they thoughts ICO is the best choice to do that.
14  Economy / Trading Discussion / Re: Bitcoin now below 8000 time to buy now on: July 28, 2018, 04:35:53 PM
Bitcoin is very low today even 7700 buck...do you think is good time to buy now or will more lower and crash to 3000 buck...very difficult to predict...what do you think... Who t f is selling on this price.....?....
You can see that bitcoin is currently at $ 6700 and I believe the possible bitcoin rebound will likely recover to $ 7200. So I think you can buy Bitcoin at this time so you can trade in short term. The market is fluctuating constantly so be careful in every deal and always have specific plans to minimize the risk.

Why would you trade short term with BTC when the expected price by the end of the year is at least 10k. Buy as much s you can and wait for 6months.
I like this, yeah, the Bitcoin price can recover to its old high price. $10,000 is nothing for the Bitcoin price in the future. My target for Bitcoin is still higher than this target so much. Just waiting to see the Bitcoin ETF funds get accepted from the government and enjoy the feeling go moon of Bitcoin.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: Why people try to create their own coins? on: July 28, 2018, 04:05:09 PM
Let's see the world, every day, many people want to have money from the products with famous brands. But, how to make money if you are not the owner of these famous brands? You can fake them and create the fake product for selling. The rich just want to buy the official products of well-known brands, but the poor usually have not enough money to do that. So, the fake product is also an option to buying by the poor. And if you can see this situation as the current ecosystem of cryptocurrency, you can understand Wink
16  Alternate cryptocurrencies / Altcoin Discussion / Re: ICOs in 2018 not same as 2017. on: July 28, 2018, 03:35:30 PM
Yes, you said it is good, and many people have observed this. Almost all coins were higher than the initial price when they were listed last year. But this year, on the contrary, most coins have fallen.


We know that the coin will dumped in their 1st release in the market, most of the user here are telling other users or suggest others to buy during the dumped period, but not all coins can recover, most of the coins stay in their low price and seldom recover from their lost. So it always depend on how you handle th situation.
No, I don't know most the ICO tokens after listed on the first exchange is always dump in the market. I have invested in a lot of ICOs, and many projects gave me high profit at the first time trade on the "official exchange", not is on the Decentralized Exchange (DEX). Example UTRUST, CREDITS, NKN, WePower, Genesis Vision, etc. these projects gave me at least a 200% profit if I have invested since ICO.
17  Economy / Trading Discussion / Re: Need advice for the new investor on: July 27, 2018, 11:41:20 AM
I suggest buying bitcoin while it's still on a dip or investing your money into much cheaper altcoin that is strong and has good fundementals and has new investments and developing new projects such as ETH and ltc. You could try to conduct your own research to where you wanna put all your money on just be sure that it's hype and has a lot of investors.
Personally, I suggest you should to buying Bitcoin as soon as possible. Now, ETF rumor is making the Bitcoin price dropped from $8300 to $7900. There's no reason to make U.S must careful to accept ETF funds for Bitcoin like now. U.S government know China, Korea and some countries in Asia and EU can take this advantage to release their idea, the legal framework and roadmap to apply cryptocurrency in the country's economy system to easy attractive the investor in the world. At that time, U.S will be the late country accept cryptocurrency and miss a lot of chance to grow its economic. So, maybe, the current price of Bitcoin is a trap.

P/s: This is an analysis from a teacher in my financial field Smiley
18  Alternate cryptocurrencies / Altcoin Discussion / Re: Samsung To Accept Cryptocurrencies As Payments- Good or Bad? on: July 27, 2018, 11:28:24 AM
Samsung is a company from Korea. I think this move of Samsung is so late. Korea is the country has volume trading top 1 on the world. No trader has experienced didn't know Korea was the country pumped the Bitcoin price up to $20,000 in the past. Even the trending ICO is also a part of their move still happen from the last year till today. So, why a big Korean company accepts Cryptocurrency as payments so late like this?
19  Alternate cryptocurrencies / Altcoin Discussion / Re: Do we Need Altcoin? on: July 27, 2018, 11:08:51 AM
We need altcoin because it is a good alternative investment rather than bitcoin because there is a lot of good altcoins in the market that can give a lot of profit or even a higher return compare to the potential return of bitcoin so it is a good step to just spend some of our bitcoins or money to altcoins.
Actually, more profits mean more risk, this is the rule. You can't deny this truth. You earn a lot of profits from an altcoin, and at the same time you make that profit, someone also loses the same amount of money you received in that coin. For me, Altcoin has the role like its name, "Alternate Cryptocurrencies" for Bitcoin. Grin
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Waves Vs. Ethereum on: July 27, 2018, 10:57:08 AM
I prefer etherium , waves good coin but worse than etherium
Unable to compare between a new Coin and a Coin in the top number one of Altcoins, Waves intends to provide a platform that is compatible with KYC and AML, with cooperation of many banks acting as portals in for deposits and withdrawals. ETH had used smart contracts to execute automatically. So ETH is still leading.
Honestly, in the last year, when the decentralized exchange based on Ethereum platform still not released, I thoughts Waves is the only competitor to compete Ethereum platform in the future. But, when EtherDelta, IDEX, 0x, Kyber, ForkDelta, etc. decentralized exchanges of Ethereum platform released, I knew Waves has no chance to compete to Ethereum again. Because this is the only reason to make Waves can be better than Ethereum.
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