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1721  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH BTC: correlation is decreasing on: January 07, 2019, 08:59:25 AM
hi there,

it would seem that the correlation coefficient between ETH and BTC has been decreasing:
https://enroyd.com/ETH_Correlations/

Would a constant correlation coefficient around 0 indicate that Ether's price no longer depends on BTC? Are there any Stats experts here in the forum?

Thanks!


It's just the effects of the upcoming hardfork that will going to take place in ETH. For the next months, the ETH might as well go back to be dependent in terms of price to bitcoin who is currently has a huge impact on other cryptocurrency.
Not sure about that and it seems like ether was building its own way and tried to leave from the bitcoin domination. that's indeed if ethereum can't be 100% independent from the domination of bitcoin but at least that will stand alone.
1722  Alternate cryptocurrencies / Altcoin Discussion / Re: STO or ICO? on: January 06, 2019, 11:10:42 PM
Based on what I read on this thread, it looks like STO is a good option for investors compare to any ICO that usually became scam later but I am wondering since STO offer a security token does the team members must verify their identity before launching STO?
They are not even registered before creating STO, basically STO just another rebrand and no more differences with ICOs. What will be the differences of STO with ICO if the team not yet registered or verify its identity to the government? Some icos have registered its company to the government and it has been getting no action letter and that means if ico can operate legally in such country just like canada. Basically those idiots team must understand about how the regulation work. Government has issued a lot of legal framework and if you do that you will be fine. If you are re-branding your ico and you don't care about the legal framework and that is the same whatever you have called it as STO or ICO.
1723  Alternate cryptocurrencies / Altcoin Discussion / Re: Craziest Stablecoins on: January 06, 2019, 11:07:23 PM
I do not understand what is the point of creating stable coins, which are not such, and in principle the demand for them went only because of the fall of the market.
The point is when you are aiming to get the stable value without any volatility that acts like the fiat money and then the stable coin is the answer to that problem. When someone interesting to trade with stable money and they will have stable profit too.
1724  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Can DeepOnion hit ATH again? on: January 05, 2019, 11:02:21 PM
I was an early investor and made a quite good amount from DeepOnion last year. But unfortunately, I have invested again in July possibly and now I am in loss although, overall, I am in profit. Recently, in the dip I had bought more.
Its ATH was $17+. Is it possible to reach at ATH again from the current situation? The only reason I like this coin because of its active DEV team. They are very hard working.
Deeponion died and it will never hit ATH again, Deeponion just another shitty coin that offers a lot of bullshit promise through all of deeponion shills and ten you must know what will have done by them. A lot of people realized deeponion just another scam.
1725  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Market prediction 2019 on: January 05, 2019, 10:58:36 PM
It is believed that 2019 will be the year of the bull.
Also noteworthy is the fact that Bakkt will custody and deliver real bitcoin. That means institutional inflows would reduce supply and thus (maybe) increase price too. This is different from other regulated futures markets like CME and CBOE, which only deal in cash-settled futures.
https://www.ccn.com/bitcoin-to-end-2018-with-80-drop-what-investors-should-expect-in-2019/
A lot of companies will be putting their focus in the crypto this year, maybe ETF gets another delay due to the manipulation in the exchange sites but bakkt has proven itself because it has raised a lot of money and 2019 should be the recovery year for crypto.
1726  Alternate cryptocurrencies / Altcoin Discussion / Re: ETF and Bakkt will have effect, but BTC halving is the main deal. on: January 05, 2019, 10:52:46 PM
this year we will watch this crypto market green again my friend
because of ETF an Bakkt, both will make a huge effect in bitcoin price and just like before,,when bitcoin price jump, others cryptocurrencies will follow  Wink
its too long if we talk about halving for now
ETF will get another delay and i don't wanna bet on it. BAKKT should be the main bet for everyone and it has done with more than 132 million dollars have already raised from investors. So far halving will become the main thing to bet next year is the bitcoin halving time.
1727  Alternate cryptocurrencies / Altcoin Discussion / Re: Hold or sell ? on: December 30, 2018, 04:45:34 PM
now is not the time for us to make a sale. I think of course there are many who experience big losses if we make sales now. when indeed the market is declining
Those stupid people must learn from their experience to sell their coins when the price has been driving by the whales to the bottom. That's a dumb person who has put himself to the panic sell and give the wales a lot of coins with cheap price. Sell the coin when the market gets bearish is the stupid thing that i have ever seen.
1728  Economy / Economics / Re: HOW TO PREPARE FOR THE NEXT BULL RUN 2019 on: December 29, 2018, 11:14:38 PM
I have continued to increase my speculative fund from 3-year savings. This is an important time to take advantage of this opportunity. I will try to put them all in the top 3 coins. The opportunity is really good to go into crypto perfectly and create tremendous changes in everyone's life.

That's right, consider from its ATH and that makes sense for those top 3 coins to rebound its price easily dude. there will be a little recovery for the next month and this will happen without any news. we are waiting for the speculators to change the trend.
1729  Alternate cryptocurrencies / Altcoin Discussion / Re: ETHERUM HARD FORK ARE A UPDATE on: December 29, 2018, 11:13:09 PM
It is not basically an update. It is an upgrade where the whole blockchain is changed, the code is changed, everything you can see in the ethereum is changed.
How will it affect the current ETH holders?
There will be less ethereum produced by each block and that could affect the price of ethereum too. Some people are saying there will be a serenity coin as to be a hardfork coin caused by the serenity update in ethereum hardfork but i don't know if that was only a rumour or true story.
1730  Alternate cryptocurrencies / Altcoin Discussion / Re: Warnings for token hodlers on: December 15, 2018, 03:57:51 AM
You don't provide data as proof that the project will collapse. How can I trust you if you don't include accurate sources and evidence? I think you only give a statement from your own mind and scare the altcoin holders so they panic and sell all the altcoins held by them.
That's what really grinds my gear right now a lot of people making speculation off their pure opinion without underlying data and that's as the same as people who throwing bullshit at everything they see.
 if they know nothing better to research more than talking like they know everything.
1731  Alternate cryptocurrencies / Altcoin Discussion / Re: I am just Dumping all my altcoins! on: December 15, 2018, 02:50:19 AM
I think that can be a good decision to sell the coins that really doesn't has a good future.
But for some coins that we think to have  a good future, it would be better if we kept them even in this market condition.
Just do what you think is right, there's nothing wrong on ditcing few altcoins that you dont have faith to begin with and that will only burden your mind.
Most of people are always overthinking such a thing while they could be happier by doing what they want to do.
1732  Alternate cryptocurrencies / Altcoin Discussion / Re: What if the ICO projects pay the bounty hunters in bitcoin only? on: December 13, 2018, 02:38:52 PM
Do you think paying bounty hunters in bitcoin or ethereum a good idea so that there is uniform payment among the participants? What is your thought about this? Maybe this is the first step to turn back the trust they lost because of mostly valueless coins they offered. What is your thought here guys?
I can only fully support this idea. That would really be a good solution to pay the participants in eth or btc. This would ensure that bounty participants not only receive worthless tokens for the work they have done.
While that sounds good, paying in BTC is more likely can't be done, most of ICO are gathering the funds through ETH or other smart contract platform, maybe in some cases it is possible
but just think about it, the less their token get involved into some kind of activity the more chance it will become useless.
1733  Alternate cryptocurrencies / Altcoin Discussion / Re: Solution to Etherum on: December 13, 2018, 08:56:57 AM
Blaming ETH because it's really easy to deploy token with their smart contract platform is just ridiculous because that's what they are aiming first and if you are saying that only prove that they have been succesfully makng it happen.
Just use common sense, everything that is open source will always have that kind of characteristic and not only limited to cryptocurrency.
1734  Alternate cryptocurrencies / Altcoin Discussion / Re: MyEtherWallet Password on: December 11, 2018, 03:51:12 PM
There is no password needed for myether wallet only private key or UTC file to access.
There's other method to access the wallet too and some of them may really requires password but using privkey or json will not require anything, imagine if MEW saves all the password it'll be dangerous because that means the system is centralized and vuln against hacking.
1735  Alternate cryptocurrencies / Altcoin Discussion / Re: Why People Choose Cryptocurrency? on: December 11, 2018, 03:46:42 PM
If people who are new to the Cryptocurrency will certainly ask, Why do people choose Cryptocurrency? If there is an investor, you certainly understand why you prefer investment in this cryptocurrency. Because this cryptocurrency provides a way or opportunity for us to seek profits. Of course, Cryptocurrency also have a big risk, but that doesn't seem to be a problem. Because what we are looking for is a way to get profits that is in Cryptocurrency.
Cryptocurrency in term of earning profit works the same way as thsoe stocks that you can buy freely some logically you wont risking your money into something like cryptocurrecny becaue I believe that there's other reason for people to choose crypto and one of them is the decentralized nature.
1736  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it true that 99% of all airdrops are shitcoins of bad projects ? on: December 11, 2018, 03:01:27 PM
From my own experience I can tell from all the airdrops that I know the top projects were only: Vite, Ontlogy, Dfinity. All others were shitcoins Angry

Personally, I used to actively participate in various promising airdrops. After all, they regularly provided rewards. Unfortunately, over the past year the situation has changed dramatically for the worse. Therefore, I participate less and less in airdrops. I really hope that next year the situation will improve.
Trying airdrop for few cents out of filling the free time is totally alright as long it doesnt require that important thing called our private data.
However, it seems you really judge the value of a project based on its initial release whereas most of airdropped project need something called "progress"
1737  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do developer find it difficult to pay bounty hunters on: December 11, 2018, 02:42:18 PM
Because they know they'll get away with it. Developers care little that someone has spent a lot of time on their favorite product. They are ready to save on everything and everyone. So far, there are no regulators that would protect the rights of the bounty. I only hope that such projects will not live long. Bad always comes back and greed sometimes very quickly finished with the team. A good team with a good project usually pays for the work of the bounty. I hope that the old days will return and we still earn our Smiley
Only reason why they are getting away is because there are not enough complains for not receiving payouts.    In one regular bounty campaign there are more than thousand hunters I think if all these people start not only complaining but spread word that they were scammed, these projects will lose their costumers in short time and it will be in their best interest to send payments then.
Sometimes some project just get away with such thing tho, but legit project I'll trust that they are really paying and have the intention to.
Unlike those scammy project even if there's millions of complain they would just keep their mouth silent because that's their intention from the very beginning.
1738  Alternate cryptocurrencies / Altcoin Discussion / Re: How long it will take for altcoins to become popular? on: December 10, 2018, 11:27:53 AM
We can see these days that not all people know cryptocurrencies, if they do perhaps they have heard only about bitcoin, but without owning or having the experience of making any transactions.

Maybe altcoins will become popular within 3 years from now?
This time is really not sure, but the focus is on how the project's team operates and operates to make the altcoin popular.
That will not make altcoin popular, the most affecting thing to make crypto popular is by marketing or advertising it, just for the example the hype bitcoin got back then is because the publicity by the mainstream media, if crypto could repeat the same thing it will work, otherwise it will ended up in misery.
1739  Alternate cryptocurrencies / Altcoin Discussion / Re: Video call for KYC verification on: December 10, 2018, 11:22:06 AM
To see clearly documents that require a very good camera. That's why most people simply can not pass KYC so. I made my point of view.
Right on the spot, imagine having to verify people with crappy web cam in their laptop that'd be another disaster, people may say they can verify through phone but it'll make everything even more complicated. We need better technology before implementing this kind of thing to public.
1740  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH USD going down has two positive effects on: December 07, 2018, 07:49:05 AM
ETH USD going down has two POSITIVE EFFECTS:

1. Reduces the interest in the space for short-term focused investors;
2. It also reduces the interest in the space for projects aiming to quickly raise money on hype and never deliver.

Perhaps it's the perfect time we wise up about this domain - investors need to do better and more research, have direct contact with teams and really look into the technology.

Agree?

Speaking about technology - I'd appreciate some feedback on our now open source prototype: https://github.com/ElrondNetwork


I'm not agree with you, the speculators were converting their money to the fiat and they will create another movement again in the future. But i agree with your second point. Only the serious project will get a lot of attention from the investors.
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