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341
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Economy / Economics / Re: Can bitcoin help rebuild Venezuela? - Darb Finance
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on: October 05, 2019, 12:17:04 PM
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I think Crypto and Blockchain technology itself can help many countries, as long as people, institutions and even governments are willing to take the best from it, adapt it for many purposes, like weeding corruption out and issuing transparency both on the Private and Public sector, as well as being more inclusive to underprivileged people in the local and macroeconomy of sorts. We need to see a more multi-layer involvement both from the ground up and from the top down to see any real impact in any society or country, including countries that are unstable like Venezuela for example.
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343
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: | NEO Smart Economy⚡Now a Top 10 Cryptocurrency⚡| Official Thread |Updated Aug10
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on: October 04, 2019, 07:56:41 AM
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I am looking to maybe growing my holding in NEO over time but trying to find what would attract more investment into this project. I see it is very much geared towards developers, far more than to gamers and retail traders/investors, but I see it perhaps as a hidden Gem doe to its collaboration now with the .NET Foundation. I think it is fairly underpriced now and maybe it is a good time to just buy a small stack for hodling purposes and earning the gas as well. I noticed NEO had also a couple of airdropped tokens as well, I saw them in my wallet a few months ago. Although it has not as much traction Dapps wise compared to EOS, ETH AND TRON, there still is hope that NEO can gain some of the market share eventually and build ground again, what do you think? |
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344
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: What is best PoS coin to invest into right now?
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on: October 04, 2019, 07:45:59 AM
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At this time i would choose NEO to by my "dancing partener" for the next few years, its gone down 20x so it can bring a lot of profit in the next bull run and lets not forget you can stake it.
Honestly, NEO has been an undervalued coin for a long time. Big players like Ethereum, EOS, and TRON have taken the world by storm as they've gathered the most number of users and decentralized applications into them. NEO has a great technology for scalability, but it's been behind its rivals because of the lack of marketing/promotion. Not to mention, the bear market of 2018 has greatly affected its price across the crypto market. We'll have to see how everything unfolds with the next iteration of NEO (NEO 3.0) that's bound to happen soon. With current prices, I believe that NEO is still a bargain. Imagine buying and staking NEO while its "GAS" token heads back towards its original price levels of over $95 per coin. It would truly make you extremely wealthy in no time. But everything will depend on how many devs are willing to bring their own dApps to NEO for the mainstream world to use. Despite this, NEO is a PoS coin that's a little hidden gem you wouldn't want to miss. I would stake NEO, Bean Cash, and even Ethereum (once it becomes a PoS coin) for years to come. They've been proven to be highly profitable over time (especially Bean Cash), despite their ups and downs. Staking pools makes our lives easier by allowing us to reap the rewards without opening your wallet 24/7. Still though, only decentralized solutions (like Pool of Stake, and Rocket Pool) would be the best choice for pooled staking. Nonetheless, I hope to see new and exciting PoS coins with attractive rewards for their investors. They're much better than PoW coins because of their high-reward ratio. But be aware, that most PoS coins are extremely risky because of their huge supply within the crypto market. Only good-old PoS coins and those with a decent supply will survive in the long run. Just my thoughts  I only have one NEO right now and it's producing the little bits of gas and every few days I redeem it when I go into my wallet. I want to find a list of NEP tokens as well and projects and see what is happening dapps wise on the NEO blockchain. I too am looking for coins to stake long term that has potential or that spit out airdrops so I can start growing some bags again by 2021. I lost way too much in this bear market round and want to start again properly. Maybe if I start to learn to trade well and earn a profit I can convert some of that every time to buy a NEO here and there and let it grow some more GAS for me. |
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345
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will TRX ever reach ATH
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on: October 04, 2019, 07:40:50 AM
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If there are more use cases for TRX, then there might be a possibility of it reaching its previous all-time highs, but I doubt it will happen any time soon. Many people who gamble are attracted to TRON right now, joining all those gambling DAPPS etc to try to build a bigger bag of TRX via the gambling elements of it. I like TRX for the airdrops but only have a very small bag of 700 TRX and I might just add to it on the lows and dips until I say reach 10k TRX and if it ever pops it pops, plus we are collecting all the free BTT by holding. So for me, TRX would be a really long term hold. What I do like about it is the lightning-fast transactions and for that, it might gain a lot of popularity in the future, more so than no. I see TRX as a coin that people like to gamble with at the moment.
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346
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Alternate cryptocurrencies / Altcoin Discussion / Re: Alts you won't invest in
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on: October 04, 2019, 07:35:03 AM
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Not buying TOKENS is a start. These ICO "money grabs", and "projects" with nothing going for them. I'm avoiding them like the plague. ERC20 tokens, which relies on ETH, and needs ETH to even be transacted? No thanks! Also, not investing in any projects with no products, or actual useful developments. You know a ton of altcoins is overvalued, when they are positioned at the first page of Coinmarketcap, yet has never accomplished anything. You know you're sitting on a literral goldmine, if you find a project with actual development, sitting at rank 400+. HINT: Stakenet (XSN). Wont even try to explain what they do, because the majority of you wont even read it, but to make it short: Leading innovation on Lightning transactions, (Lightning DEX, dApps, and more). Do your own research  I will research the project you just listed, no hard in doing some thorough due diligence and learning about some projects with use cases. I will no longer invest in any project right now and only will collect what I can for free. Once I am in a financially stable position I will divide any profits into segments, low risk: Buy stablecoins and place in Nexo to get 8% interest annually, medium risk, buy some large-cap coins like Bitcoin, TRX, VET, etc, some that also give airdrops as it helps grow some bags. Do some smaller 30% of my profit into medium and small-cap coins with great potential and dynamic teams. I will NO LONGER EVER invest in fully centralized projects run say by one man who can control the token or coin any time and lock our funds up. From now on will only ivnest in projects that have high liquidity and I can buy or sell their coin/token with ease and at any time. |
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347
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Economy / Economics / Re: What is the best advice you ever heard in case of investments and all
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on: October 03, 2019, 09:40:28 AM
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The best advice I have heard, which unfortunately I didn't listen to of late is NEVER put all your eggs in one basket. I have done that with one investment and unfortunately, my funds are tied there and I can't get them out. Hence now I will never make that mistake again and I will try from scratch now to collect various bags form different coins and projects as opposed to being loyal to just one brand, that in all events can be high risk and I can maybe lose all my money in it. From this moment forward I will adhere to that advice like it is coming from God and never ever be loyal to just one project or company alone. That's the biggest and costliest mistake I have made after the other big mistake of not selling coins on the High in January 2018.
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348
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Bitcoin / Bitcoin Discussion / Re: Is it safe to buy using Bitcoin
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on: October 03, 2019, 09:36:48 AM
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If you are buying from recognized brands and top-notch websites then I don't see a problem at all because it is no different than using Paypal or fiat to buy goods and services. I f you are purchasing stuff though, from unknown sites, I would prefer to use an escrow or if it is for large amounts, get some kind of contract legally drawn up first before handing over my Bitcoin. Some people are buying houses with BTC, so of course, I would highly recommend that they put some legal contracts in place to facilitate a smoothe transaction.
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349
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DIVI][ONE-CLICK MASTERNODES] Tiered Masternodes and Smart Wallet Live Now!
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on: October 02, 2019, 08:35:49 PM
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I noticed there is a wonderful community surrounding DIVI and this is enticing me to also become a part of it by staking some coins soon. I am a long way off getting a master node but am thinking of starting with a small bag, just to get my feet wet and grow accordingly as and when I can add to it. I was looking at some staking coins and this one looks to be very promising and developments and communication are going quite well, so I am considering this as a long term bag hold with added benefits from the staking. I joined the telegram and I like what I see going on there, so I will try to procure my first coins next week if I am able.
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350
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Alternate cryptocurrencies / Altcoin Discussion / Re: WHY DOES BOUNTY PROJECTS TAKE TIME TO ENTER A MARKET
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on: October 02, 2019, 08:11:23 PM
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I think we have a very different scenario to what we had in 2015/2017 and that is a plethora of more projects entering the market and a ton more bounty hunters trying to get a slice of the Pie than when I first started a few years ago when there were just a few hundred of us doing these gigs. Now every Tom, dick, and Harry wants to participate and when you got like 3k people trying to enter a telegram bounty they end up with very few tokens for their work and also most of the tokens don't get listed on exchanges or even a decent exchange, so are deemed worthless. Then again you get some relaly consiencious project owners that relaly want to succeed in this niche and work hard to get on good exchanges, but often it takes a long time, maybe several years. The market sentiment and demographics have changed dramatically since 2018.
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352
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Bitcoin / Bitcoin Discussion / Re: Bitcoin isn't just an investment, it is the future
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on: October 02, 2019, 07:56:34 PM
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I have confidence in this statement because Bitcoin has technology that is helping to reshape the future into something far more sophisticated and intelligent than what we have now and what our Predecessors have had to live through. Blockchain technology is part of what I would call the Smart Revolution and other components like VR, AR, and AI are all integral parts that will help also the Blockchain blossom in many of our day to day lives. Bitcoin being also an asset that people desire and want to possess, will also help in bringing people into the World Economy that before never had access to fiscal products and services enjoyed by people living in the Developed World. The Advent of Bitcoin has allowed a large portion of the Unbanked Populations to become a valuable part of the World, and it will continue to help bring in more and more of this demographic.
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353
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Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO]COSS Token Swap ICO is LIVE
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on: October 01, 2019, 04:34:22 PM
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I heard the FSA now weekly has dropped from 505, is this true and has COSS now been taken over by others or is Rune now still in charge? I am trying to catch up here with news but I am still looking to see what is happening. I am glad though they have changed form the coin dust FSA method though and hope tha tone day I can convert all my old coin dust into ETH, COS or DAI, So that I can at least do something with that and hopefully reinstate myself as a small COS holder. I only have a very small bag of COS but if I can learn to trade properly then I might try to grow it into a bigger holding, but as I don't have money to invest, I need to find a way to accumulate either by trading or entering some of the trading contests and winning extra coins, but that's a lot of work and no guarantees that I will be able to accumulate them this way.
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354
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Alternate cryptocurrencies / Altcoin Discussion / Re: Why are investors still complaining?
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on: October 01, 2019, 04:25:17 PM
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The problem is a lot of investors, myself included, believed in the hype and stuff being sold to us in telegram rooms. Believe me, I think telegram now is one of the most dangerous places to dupe investors. From now on I just use it to check out the latest announcements of various projects that I have an interest in, otherwise, don't waste too much time in getting sucked into the moon and hype talk. If you really are interested in investing in blockchain projects, think of them as if you are a traditional investor, cut out all the noise, do your own research, then set yourself some goals, otherwise, don't bother investing in this high-risk area from now on. I am personally interested only in earning free coins, otherwise, that's it for me, no more investing in the hype, been there done that. I won't be duped anymore and influenced by social media or telegram.
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355
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Economy / Speculation / Re: HODL'ers lose. That is no surprise
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on: October 01, 2019, 04:18:30 PM
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Wow,lots of hatred about bitcoin and the crypto world.OP,did you lost any money due to the crypto price crash?Let me tell you something.Hodlers lose only if they decide to sell at a price that is lower than the price they have bought btc.If some guy had bought bitcoins at 200 USD back in 2014 and he is still holding,he can sell those btc at a big profit,even if the bitcoin price crashes to 2K USD.
Most people in here are naive fools who bought when the hype was strong - stupidly believeing about going to the moon and getting rich quick. Most people who bought at 200 USD in 2014 have already sold a large part of that to the fools at rates much much higher and have a comfortable life with their fiat profits paid for by the suckers who are still Bitcoin believers in here I never actually invested in Bitcoin back in the day, but was just earning it form faucets then generally from crypto jobs and investing in ICOS that made me good money etc, but yeah you are absolutely right, I should have sold at the top at the beginning of 2018 and then bought the bottom at 3.5k and traded BTC. I just held all the time and now got nothing left because of hodling this and that. So now I believe in the tech but my 'loyalty' per se is less and less towards the currencies and Bitcoin as a currency at large because of the manipulation going on. The Tether fairies moving a ton of Tether made it pump today, so this means markets are manipulated by a bunch of whales and Bitfinex. I still believe in it more though than I do FIAT, which is the biggest Ponzi scheme on the planet run by the Fed and Central Banks of course. |
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356
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Alternate cryptocurrencies / Altcoin Discussion / Re: John McAfee Believes Dogecoin “Will Go To The Moon”
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on: September 30, 2019, 04:53:20 PM
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I guess I can understand Elon Musk because he is a troll inside and he is just mocking when he says dogecoin is one of his favorite coins, its not because of any technological or investment approach but because he thinks its funny and has no purpose but to just have fun, buying dogecoin for investment purposes would be super silly but using it for funding weird stuff is one of cryptos biggest amusements.
However, John Mcafee is just a pure idiot and a moron so when he says dogecoin will go to moon he probably means it and believes it himself, not because of any fundamental reason but because he is a fool. Doge may go up a bit that is for sure but that doesn't mean it will ever worth to something, its a joke money a meme money and nothing more and will never be anything more than that.
I think DOGE coin was just one of those early MEME coins that took off and collected many fans. Even though it isn't as useful as other coin projects, because of it's social media tipping type aspect, it has kind of become one used for tipping, micro job, entertainment coins that people love to give out on social media, etc. Well, John Mcaffee can tweet about every random thing, but it doesn't necessarily mean that because JM tweeted about it, that it will become a roaring success. He tweets are usually very fleeting and it's just random sensationalism. Of course, I won't knock him for liking Crypto and supporting it, so for that reason, I have a fairly neutral stance as regards to his Crypto Tweets and Tweet about DOGE coin. It pumps and dumps at random times of the year, that's a bot it really. |
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357
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Economy / Speculation / Re: Bitcoin bull push to 600k ?
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on: September 30, 2019, 04:48:32 PM
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Can the push reach the new highs like 600k?
Bitcoin has dropped lately. It has just started to recover. In such periods the ones preaching an even bigger drop (the FUDers) are the more vocal ones. If Bitcoin will have a sustained growth for a while, the dreamers will kick in, telling about 500k, 1M and maybe even bigger numbers. So right now your numbers are "a blasphemy"  Imho yes, 600k is not an unrealistic number. The only problem I see is the timing, that could be wrong. And I think that I know why too: Libra may have no effect at all. I am going to be realistic to be quite honest. I doubt we will ever see a 600k USD Bitcoin, well not in my lifetime anyway. The fact is people can make a crap ton of money shorting Bitcoin, so why would they even bother to try to pump it up? Only if there was a huge influx of people coming in to buy it in droves and holding it, would there be that kind of a chance, and even then the Powers that be could do everything in their power to manipulate the market and keep the price low. Look at the price of gold for example, it was held down for years and years. I think they will try to do their utmost to keep the price of Bitcoin low so that they can accumulate and own in the end most of it. This would technically make it less and less decentralised as bigger fish would own the majority of it like Rich people do with every asset class. |
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358
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Economy / Economics / Re: Financial crisis 2.0 - What will happen to bitcoin in the next crisis?
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on: September 29, 2019, 12:30:32 PM
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If there is a big recession like that in 2008 and we enter a financial depression phase I think many will be chasing out their crypto, but we may also see a lot of market volatility as people desperately try to make fast money in trading cryptos as well. The mega-rich will again get to buy and hodle even more cheap Bitcoin and other sound cryptocurrency assets and control the market even more because they will own an even bigger chunk of the crypto pie that they already own now. This is how it has been and will always be. The poorer and middle-income folks will be selling off every asset they have cheaply to stay alive, while all the big Guns will be blazing and scooping up all the cheap mess the rest have left behind in their panicking wake. I also believe more will invest in gold, as gold is always the very solid asset people invest in and trust in times of acute crisis.
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359
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Alternate cryptocurrencies / Altcoin Discussion / Re: Promote bounties for how good the projects are and not for reward
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on: September 29, 2019, 12:25:16 PM
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I feel social media Bounties are a waste of time. Through my experience, the most profitable bounties are the signature bounty, translation bounty, and content bounty. I have always joined projects where the product is ready and is being used or those where the token/coin are already being traded on the exchange. I generally avoid new projects that do not have seed money to build their own products or do not have any actual product to offer. I prefer those project that are related to the benefit of Blockchain technology.
If you follow the above guide then you will be earning in four figures like I have been earning for the past one and a half years. Cheers!!
There are just too many people participating in the social media bounties, I agree, and every week having to report etc does take time, but on the other hand, some projects can turn out to be really lucrative in the end. I mainly focus on signature, blog and youtube reviews with a few social laced in between as well. I didn't do bounties for a long time but thought now I will get back into it full time as the previous promotional job I did just ended so need as much work as I can handle. I also started doing airdrops and opened a telegram channel too so I can get my friends to join in as well. We need to look at both the economics and viability of a project in order to spend our time and engage in promoting it, both are just as important in my opinion. |
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360
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Bitcoin / Bitcoin Discussion / Re: What are the dangers inside cryptocurrency investing
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on: September 29, 2019, 12:19:06 PM
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It's extremely risky and since losing most of all I earned in 2016/2018 by reinvesting and holding and putting in some centralized as well as decentralized projects, I have come to the conclusion that if you want to burn your money then invest. I prefer from now on to just earn my crypto and see if I can convert it to stable coins to earn interest, as fiat devalues if you have it in the Bank. NEXO gives good interest in stablecoins if you house them there, then you just take to the bank what you need for living expenses. This is my plan for the moment but as for investing, will only invest in projects that will give me a decent rate of return and they need to be really legitimate projects with transparent and opensource stuff going on that we can all view publically with no hidden agendas.
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