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You guys need marketing and branding ...
PUT THAT FORBES IN EVIDENCE
You come after DogeCoin in that comparison so you're good. Good luck with the project
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Look at coins with solid fundaments!
For example Creditcoin which was invested in by coinbase and y combinator. its experienced continuous growth due to the team following their roadmap and showing contniuous progress
That's actually a good point... however we need to keep in mind that progress on roadmap does not always = growth. Take for example Litecoin which did not have any major developments or business case scenarios and it's constantly floating. |
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There are two ways to increase the money supply: - the central bank prints money
- normal banks issue loans
From my understandings there is a concept called RRR or Required Reserve Ratio which is set by the government, say 10%. If a customer deposits $100 to their bank, the bank is required to keep in reserves 10% or $100 x 0.10 = $10 This means that the other $90 can be loaned out (excess reserves = deposits - RRR) (issuing loan = making new money but not as in printing new money, more like increasing the total supply) Assuming that I've got this concept right and that the customer did not withdraw their money, the bank can earn interest on that $90. In a perfect scenario the borrower returns the $90 + the interest for the bank and now the guy who deposited money can now withdraw them. Correct me if I'm wrong, the money supply in the world increased by the amount the bank loaned ( $90 ). Why? How?
I find this concept very confusing. What happens if the customer who deposited money takes their money back when part of their money is loaned!? Does that make the banks non-compliant? |
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But to earn 20000 BTC out of that "advising" seems a bit strange to me.
I spoke with so many advisors from ICOBench. I can tell you the fees and I can confirm that there is a high chance it may not come from advising but probably other sources of income that are not public. Most advisors will ask for €15,000 down fee + part of the token supply (range from 0.01% to 2%) + 0.5% - 2% of the ICO raised funds Some projects also pay a fee for advisors on icobench to give good rating and as you may think, that's unethical and not public. That fee can be anywhere between €10,000 and €100,000 in the case of Charlie Shrem. Cindicator is one of the ICOs he participated in ( https://icobench.com/ico/cindicator) and if we assume he got 1% of token supply because of his high profile, and assuming he also #HODL tokens until the price was pumped, he had 1% of a market cap of $370,000,000 or $3,700,000 Maybe he also took 1% of $10,000,000 (ICO funds) or $100k Viberate (VIB) can be another 1% of $92,000,000 = $920,000. Probably or who knows. The idea is that those advising projects have expanded his borders to know more people. He joined Jaxx as a director of business and this can mean potential shares in the company. He was involved in DASH and this is for sure another source of income. Also the Winklevoss twins sued him for holding their crypto assets or something (WTF). |
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Just found this staking calculator: https://ethereumprice.org/eth-2-calculator/ which allows you to calculate how much "money" you will make staking ethereum. Let's say you stake 100 ETH, each year you get 14.26% (compound interest) so 114.26 in first year The ROI is good (just like real estate) but why would someone stake cryptocurrencies in a volatile market? The price of Ethereum will move so much that it can send any investment to bananas |
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As Idena is decentralized and doesn’t collect personal info, the marketing use case is confusing: Advertisers want to see PII such as age, sex, location, interests etc., of which Idena shows nothing. How will you combat this?
Advertisers should reveal the information about those who may be interested in a particular advertisement. And users, seeing all advertisements, select those which are relevant to them, without revealing their identity properties such as gender, age, or location. We call it self-targeting. So each identity will have its own information based on their "engagement". If you purchased a laptop with idena, the AI will know that you may need a computer mouse, laptop fan, etc. (I hope I got that right). So this is self-targeting. BUT DOES THAT MEAN EACH NODE WILL HOLD THE INFORMATION ABOUT ME SELF-TARGETING!? Is this public? (it's a blockchain,consensus, bla bla bla) Is there a way to opt out of this self target thing? Also I wish you guys good luck with solving the bad flips problem. Can we not make it that at least 3 random parties need to verify that a flip makes sense before a flip is submitted to the network? |
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I had the chance to talk with T.K Hamed in the past over a small project related to deadcoins and I can confirm that at that time, his advisory skills were very good. A little bit critical but he certainly has a lot of skills one would need in a company or project. He has been in crypto since 2012 or something so you guys better be ready for some good experience of someone who could observe the industry as a whole. Maybe you will also consider attaching your portfolio where you have or are collaborating with your client company. Maybe this will help in terms of marketing by knowing the advisory members are legendary members of this forum.
+1 |
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one way or another, but the cryptocurrency market is influenced by quite a lot of factors due to which it is impossible to predict for 100% the further development of events regarding the entire market and an individual cryptocurrency. In order to approve a further fall in the price of cryptocurrency, for this you need to have strong evidence or obvious prerequisites. Although each of us understands that with a sufficient result of a possible bull run, users will immediately orient and start selling in order to earn more money.
It's true what you said but try to use more your intuition and don't rely on so much data to make a decision unless you take a huge capital risk (above $10m). No need to be a follower or a leader as long as you can be in between. The 5 stages for decision in crypto I use after analyzing the market as a whole: Denial: everyone rejects the idea ( full leaders, big risks big gains) Indifference: some people heard about it but don't pay attention. Awareness: most people know about it but only some take action Information: everyone knows, more people take action Driven-stage: it is now clear for everyone what is happening ( full followers, low risks low gains) I would say we are in the indifference stage right now. After Halving and june/july period awareness will start between people and we will fast move towards information stage. I aim to invest in the "awareness stage" because this is a guarantee for me. There are other stages such as "misleading stage" which enforces indifference. There are others, I just can't talk about them. This works for me but I'm an intuitive person. Not everyone is. I recommend to do myers briggs type indicator to understand what person you are. |
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Thank you guys. I also understood that Binance don't use futures price for liquidation so I believe it didn't affect many people.
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Can someone explain Binance Futures and why its graph is different from Binance Classic, Bitfinex, Kraken, etc? I just noticed that on Binance Futures, pair ETH/USDT on 1D candles, on 13th March 2020 there is one candle between with low $84.23 and high $323.0 This massive price gap does not appear anywhere else, not on Bitfinex, Kraken, not even on Binance's Spot Classic Trading  I looked on Bitmex.com (binance futures competitor) and their chart is the same as in Binance Classic, Bitfinex, Kraken, etc. Can someone explain if I'm missing something!? |
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If you wanted to express sarcasm, you should have added the /s tag.
/s
I'm not sure if this is a rule invented right now and you added the /s tag at the end to express sarcasm or if it's something legit. I never heard of the /s tag rule on this forum |
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but my question is why need to wait for june before buying again mate?meaning you are expecting another big dump soon?
Yes. I expect the biggest dump. You should write names on paper of which news platforms or personalities in blockchain industry influenced you to think otherwise. Keep in mind I don't have any "internal" information or anything. We may see a little pump, then a 60%-80% decline, then a recovery on which I target a 25% return. I play safe with consistent returns because this is what works for me. Other people have other strategies but may use lower capital so they are more risk averse. |
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So while I agree with your sentiment I think it still remains to be seen whether the amount being printed really is "adequate".
That's also a good point of view. I mean, we are still at the beggining but from what I see, things are getting better (at least in UK where the automotive industry restarts in early may) Regarding what you mentioned about effects of covid-19 on Bitcoin, do we have any data related to events that happened in Cyprus when bitcoin skyrocketed? How long did that take I'm wondering. Right now, it looks like no amount of money printing or interest rate dropping will stimulate the economy into a state of high inflation. The plunge of oil prices and most commodities is ominous. Unprecedented demand for food banks while food commodity prices drop to 2008 levels, also ominous.
Regarding oil prices, the price recovered from negative back to where it was before going below 0. Is that not good enough news to say we are recovering?
You can look for references on modern monetary theory (MMT) initiated by Michael Hudson regarding printing money. According to supporters of the new economic model, Keynesian thought is false knowledge intentionally spread by capitalists so they can capture their wealth. So it is different between what they teach and what the capitalists practice.
According to Michael Hudson, Germany was the country that lost the first world war in 1919 and had to bear the burden of paying all the costs of war to the war-winning country. But in 1933, Germany had begun to fight, even when the Nazi came to power in 1936 Germany became a terrible superpower. Whereas on the other side of the world the United States is experiencing great depression but America became the winner of the second world war. And history is always written by the winner so that the greatness of Germany in building its greatness for 15 years sank and the world was filled with theories from America.
When it lost in the first world war, Germany did not use a gold-based currency. German marks are backed up by work and goods of equal value. So in Germany when the war was the key was printing money and the guarantee was the product. Because when it's all produced for the country, the state pays. Unfortunately at that time printing money was used to create a tool of war so that Germany could invade.
Every country can print money, Japan also adheres to MMT by printing money but inflation does not occur even Japan wants inflation but it is very difficult because the population habit is saving money. So printing money can be done as long as not for consumption, not to pay debts, not for imports and the project must be productive and at least layer 12 as well as strict control from the government for the allocation of the use of money.
What you said here is brilliant and it opens my mind to think even more. What you said at the end regarding japan printing money and saving rather than paying debts,etc. does that mean that if hypothetically speaking a country prints a few trillions it may not be affected as long as money is not used? Would that not destroy the purpose of money? Also could a country print a few trillions, make savings on those trillions mandatory and improve its economy / development? (savings go to banks, banks know those savings are mandatory and can't be taken out, they can use money to give more loans) |
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You clearly update your terms & privacy because they were not there when I looked for them. You have also removed the picture of those fake testimonials so this proves that they were fake. How would a customer trust that you work with Verizon, Comcast, T-Mobile, etc.? Are those fake or real? I am 100% sure Verizon, Comcast, T-Mobile don't want to be represented by such companies. On the sign-up page your terms & conditions , privacy policy send your users to the wrong link You guys have £50,000 in capital, you can afford to pay a translator  And Trustpilot? HAHAHHAHAHAHHAHAHAHHAA1 review received from who? One of the company devs. Not that I have something against reviewing yourself, just that you suggested to use trustpilot which in this moment, it works against yourself.   Wislon and Orlian, YOU HAVE £50,000 in capital. Use them wisely. Create value. If by 1st May you remove all wrong references, all bad fake testimonials and you explain the value of your service, I will change my opinion. This would demonstrate your willingness to create a good service. Good luck |
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EDIT: BEWARE. POTENTIAL SCAM. TERMS & CONDITIONS and PRIVACY POLICY ARE NOT EVEN SET UPSo your website https://residentialproxy.online/is the same as your previous website https://verifywithsms.com/On https://verifywithsms.com/ you lie about "Michelle Johnson. Chief Information Officer" which with a simple image search, it seems like she is Alisha, VP of global marketing at https://www.encoreglobal.com/about Your picture names on https://residentialproxy.online/ do not match the name of the persons Picture name for Noah Taylor is "Alex" and for Alexander is "Roger". I assume you use fake testimonials on multiple websites (a business practice, not the most ethical but often used). How about working on one company rather than multiple organisations at the same time? Focus your energy to make something great and not average products
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You will be surprised about how big portions of american companies are owned by arabs  Well, I wouldn't be too surprised, because it is public knowledge that Saudi Arabia, by some estimates, had about 10% of what is most valuable in the United States at the time of the 9/11 attacks - as a result, they flew back to Saudi Arabia at the time of the complete cessation of air traffic above the United States. As I say in my previous post, House of Saud is worth $ trillions, and in the years to come, that wealth will increase even more - in every recession, the ones investing are wealthy Arabs and of course the Chinese. You are absolutely right and we will still observe how the Arabs will have influence on other countries. In addition, one must also take into account the fact that oil is becoming cheaper all over the world, and Arabs occupy leading positions in this business, forcing other players out of the market, including Russia. Many countries want Arab oil at cheap prices, even if delivery is more expensive. All arabs I talked to don't like crypto and this sends me crazy. Not because they don't understand, simply because it doesn't do for them |
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I was doing 20x leverage on binance futures once with $100 and I turned into $300 doing day trading (minute trading actually) for 1 day.
I'm not a trader, I was just trying the platform since everyone is talking about it. But yeah, just start already
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I think Bitcoin 's halving will raise its value. If the BTC starts to grow, the entire market will be green. Let's wait. There was less than a month.
I don't want to destroy your dreams and I know we are on a cryptocurrency forum where again, everyone is expecting continuous growth. WHY DID LITECOIN (A BITCOIN FORK) NEVER RETURNED TO ITS PRICE AFTER HALVING IN AUGUST??Remember that litecoin also has miners which are not necessary profitable. Why would Bitcoin miners deserve a better outcome and treatment? DO NOT EXPECT CONTINUOUS GROWTH. I sold everything and I'm rebuying again in June/July |
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During this period of pandemic me and many other people expected cryptocurrency prices to go up by a lot, especially since the governments around the world started printing billions. In this topic I explain why this did not happen, but first let's get an idea of inflation related to printing money. We will use basic numbers in millions rather than trillions. Let's say that we are in a country where the entire economy output can be represented by 10 million pens. The average price / product is $1 and therefore the economy produces $10M worth of pens. The money supply printed is $10 million. The bank prints another $10 million (double the money supply to $20M) however the number of pens stays the same. Because of this, people may have more money and firms may push the price to an average of $2/pen. The economy is now worth $20M rather than $10M but the number of goods is the same. The price increased shows us that we had an inflation of 100% In this condition the GDP of the country is an illusion. ___________________________________________________________ Number of Pens Money Supply Price/pen 10 million $10 million $1 || scrr print money || 10 million $20 million $2 ____________________________________________________________ If you were a "wealthy" of this system and had $1million in savings, that would be worth just $500k after money is printed. A historical fact worth mentioning that seems like everybody is leaving out is a Germany of 1920s where the german currency became worthless. Germany had to carry world war 1 reparations to allied civilians. They just decided to print more money On a logarithmic scale it looks like this:  Recession periods don't cause inflation as long as printing is regulatedIn other words, countries have "free to print" but they should not abuse this system otherwise it will turn into a 1920s-1930s germany scenario. Bank of England is an example as during the liquidity trap between 2008-2012 it printed a lot of money however this did not create inflation. Liquidity trap = "inability of a central bank to stimulate economic growth through interest rate cuts. The goal is to stimulate spending by making borrowing cheaper and saving less attractive. The trap opens up when the public’s demand for goods and services is so weak that even an interest rate of zero fails to juice activity. " With Covid-19 happening, we've seen people spending lots of money on supplies, etc. This was good as it helps us avoid a scenario in which prices fall, causing people to delay spending, which makes prices fall even more, and so on down while the bank prints money (BANG!) In other words, it is estimated that inflation has slightly increased since 2019 (less than 0.2%) however not enough to create a big crypto movement that would have sent Bitcoin to the moon and beyond. The money printed were retained "adequate" to the situation. What are your thoughts? Anything meaningful you can add? |
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Yes, of course, you can make a living out of day trading, but there are many things that you need to learn. You cannot get a stable income, but your income will vary depending on how good you trade. I know a few of my friends who use trading as their jobs, and they learn some analysis, learning about how to analyze the charts, and else. They can make a profit from that so I am sure you can do that too.
It's very popular in London as well (London can trade during the day on asian,european and american markets) I would add to your comment that anyone who wants to day trade should: - Start paper trading (you call your trades and write them down on paper) => you do this for 1-6 months to test different strategies, etc.
- Start with a capital of at least $25,000 (this will allow you to make decent profits with low risk margins)
Obviously you can also start with $5,000 - $10,000 to play it safe but this has one risk: you will get greedy and risk more to make what you think is "normal income" so you will lose more. |
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