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Thank you for this!
I'll join now and take a look.
Hopefully, I'll learn something useful.
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I'm sure that bitcoin will stick around for a while. I'm even more certain that other coins will come out that will be close to beating bitcoin like etherium.
But to be honest, I believe that Bitcoin will still stay on the top. At least for now.
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When I first got into crypto I thought that holding was the way to go.
After a while I realized that with the investments I had (which were quite small) there is no point in holding. But at that time it was already too late.
Nowadays I trade quite fast, but I still have some wallets in which I hold emergency funds.
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I checked the website out. Seems pretty solid.
The best of luck with it!
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To be honest, I don't think that any government should have anything to do with monitoring or controlling cryptos at least for now.
But of course, China is China and they will do what they want.
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Just letting you know that the graphics on your main page are lagging a bit.
I'm using chrome and the picture of the tables and people on the right-hand side look like Minecraft on a old computer.
I checked it with other browsers as well so it might be something on your side.
Either way, the best of luck with your website!
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The thread says that you accept any crypto? I have tezos portfolio with some money in it. Can I use it as well?
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Nice thread design you got going on there!
I'm gonna check the site out a bit later.
The best of luck with it!
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Well you first need to have the proper capital to do that.
You also need to know the risks of course. This is where my main way of thinking comes along: only invest as much as you are willing to lose.
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I have been an average user of bitcoin since 2014 and here are the pros and cons that I have noticed.
Pro - I guess the anonymity and how you can purchase basically anything online.
Con - The fees and the waiting time of purchases.
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Thats why hodling is much better than trading for persons without experience in it
That's true in some aspects I guess. But for me, holding has made me lose 50% of my portfolio, which sucks. |
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To be honest, you really need to trust yourself if you are going to take out a loan from a bank.
I wouldn't personally do it, just because if I was to fail I would be in trouble.
However, I'm not a skilled trader at all, if your friend really trusts his skills and know for a fact that he will make a profit, then why not?
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Before I put money into something such as trading, I go with the mindset that I have to be ready to lose all of my investments.
If a loss comes to me, then I'm not too sad about it.
But of course, it affects me in a way, for example with etherium, on the first investment I lost 50%. It made me feel bad, but I knew that it wouldn't affect me at all financially so after some time I got out of it.
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I completely agree with you.
You really need to be a risk-taker if you want to succeed in trading.
On top of that, I think that everyone who has traded basically anything has had a loss from which they have learned of.
The rule that I go by is to only invest as much as I'm willing to lose.
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how exactly will this differ from the (in my opinion) saturated decentralized exchange industry? Your idea is one year old, there has been a lot of movement since your WP released back to centralized exchanges because decentralized exchanges are simply too complex for the average or even experienced trader to use, and brings lots of limitations.
also, wtf do you mean by high-frequency?
Where is news on the Velox Bolt release anyway. They are saying they are going to surpass IDEX. I think they mean they trading out put but not sure, sounds like marketing buzzwords |
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This kid is a sock puppet account trying to raise the price of RPD to dump more of the premine.
How do you know? Skimming through his post history it looks like he is nothing more sinister than an investor. And with the volume that has been traded on coinmarket it seems like whatever coins that had been premined have already passed hands. I wouldn't put it past him to have tens of thousands of coins, but I believe he put the money and investment in and now wants to make something of it. No harm there. 550000 premine + 30min headstart to the dev's friend's pool. Remember that before you decide to get into this coin guys. https://www.coinmarket.io/market/RPDBTCThe volume just isn't there to assume that all the premine + early start coins were sold already. Don't take my word for it. The volume of the past 24 hours has been more than a third of the marketcap (and it has almost doubled in the past 24 hours so the amount of coins that refers to is much more than a third). And that is only after the crash. Before and during the crash saw even higher volumes. |
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This kid is a sock puppet account trying to raise the price of RPD to dump more of the premine.
How do you know? Skimming through his post history it looks like he is nothing more sinister than an investor. And with the volume that has been traded on coinmarket it seems like whatever coins that had been premined have already passed hands. I wouldn't put it past him to have tens of thousands of coins, but I believe he put the money and investment in and now wants to make something of it. No harm there. |
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I don't see it on coinmarketcap anymore.
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mine and save
I am thinking why mine when i can keep buying them at 1 satoshi. Absolute joke that i can buyy soo many at this price. Remember what happened to moon, people made tonnes buying at 1 and selling at 20 satoshi. Kitteh was at 1 satoshi as well before it went over 100. I sold 10 million at 1 satoshi thinking it was dead QQ. |
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ITT: People who don't understand economics.
ITT: Vague non-sequitirs. Maybe I can clarify his point then: What makes a coin valuable? Supply and demand. How much supply is there already of TOP? Just over 9 billion. How much demand is there for TOP? Not particularly much right now. This isn't food or even electronics. When coins are produced, they generally stay forever. Sure a small amount gets lost from people who lost their wallets etc, but it's not that significant a quantity. Functionally, coins stay forever. What does this mean for TOP? It means that it doesn't particularly matter that it will be really hard to mine more later, there's already so much that the supply is extremely large. In fact, we are already basically at the point that mining barely matters at all. By the next halving, it will be practically pointless to mine without an extreme hash drop. So why is this unique for TOP? Because it reaches max supply quickly, and effectively stabilizes at that supply. The real question is will demand rise? Because of the stability of supply for TOP, any demand increases will not be diluted by inflation, what you see is effectively what you get in terms of TOP, it's very nature is deflationary if you get in past a certain point. Does price HAVE to rise? Not at all, demand could drop and we could see prices fall to 1 satoshi even or worthless (this will likely happen if hash rate goes too far down, people will have less faith in the security of the coin since 51% attacks will be easier). Could it rise? Sure, if demand rises then prices will go up proportional to demand, since there's no inflationary pressure. The point is, TOP is designed so that if it gets a lot of hype, prices will rise very quickly. If there is no hype, it will likely die just as quickly because the hash rate will drop below a point where anybody is willing to trust the coin anymore. Effectively, in 1 week we will know what will happen to TOP. Thank you, you've outlined the situation very succinctly. TopCoin will be made or broken by it's community. I actually have a huge problem with one of the designs of top. The drop to 1 coin/block makes it so that it's almost guarranteed to die in 2 months time. Lets take a look at what miners expect in a coin to keep mining it: In general, you are looking at a minimum of $40/day for a 5Mh/S rig. (I'm being conservative, plenty of coins give more than this, but it's what is the reasonable minimum). So when TOP goes down to 1 coin/block, it generates 1440 coins per day. Lets say we want a network hash of 200Mh/S in order to stay at a level where the coin is still trustworthy (even though that's still quite risky). If that's the case, then 5/200 or 1/40 of 1440 must be worth $40 for people to mine. So each coin will have to be worth $0.9. Is this possible? No way in hell. That would put the market cap of TOP at 10 Billion USD. Unless top becomes as powerful as bitcoin, it will never reach that price. Lets look at it from a different angle. What if TOP reaches the market cap of DOGE at $50 million. Then each TOP will be worth roughly 4.5cents. In this case, all the TOP generated per day at 1 coin/block will be worth about $65. That means the network hash IN THE EVENT that TOP gets to be as popular as DOGE, is going to be at most 8Mh/S, which is obviously disasterous. Both of these point to the same conclusion. In a couple more block halvings, what we will see is that the dev will choose to hard fork the coin to fix this issue. The current system is a death sentence for the coin no matter what happens. You're completely right. I just haven't done the math to see how bad it truly is. Perhaps at that point people will be mining purely for the security of the coin. Although that is completely wishful thinking considering how little time topcoin has to build a good miner base. Also an important point to keep in mind at this point is that although 1440 new top coins are coming in, more than that is going to the miners due to transaction fees. I don't know to what degree that will affect the numbers though. I would like to hear the dev's thoughts on this problem. |
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