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February 22, 2020, 05:31:37 PM *
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21  Alternate cryptocurrencies / Altcoin Discussion / Re: The World’s Most Crypto-friendly Countries on: January 28, 2020, 04:48:47 PM
I don't know where else in the world, but if in Asia I think Malaysia is a favored nation using cryptocurrency, I see hundreds of projects created in Malaysia and their governments also very supportive. much. This year they will use cryptocurrency instead of cash
Malaysia could be called crypto friendly but most of the project I've seen that could somehow "succeed" usually originates from singapore. Though, it's undeniable fact that a developing country more specifically malaysia which about to be categorized among high income country have much more opportunities than a country with developed economy. in term of friendliness, I'd call both of them equal.
22  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance to help Coronavirus victims on: January 28, 2020, 04:08:58 PM
Hopefully good deeds will result in a good outcome as well, cryptocurrency is really suitable to be used when a place got isolated but there's still an internet to access. Although the China has their own digital payment processing but if cryptocurrency could still help, there should be no problem at all and also to change people's views regarding crypto which usually being called out as bad by the media.
23  Bitcoin / Bitcoin Discussion / Re: India Central Bank Says It Hasn’t Banned Crypto on: January 25, 2020, 11:29:12 PM
not far from banning, I guess they said it like that because they don't want to be considered against technology and innovation, limiting any regulated entities from offering crypto is basically like limiting person from their own right, though there's nothing I can do about this and people in India could probably only be able to deal using cryptocurrencies for individual transaction or online transaction.
24  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Telegram Blockchain going to be shut down? on: January 25, 2020, 10:39:55 PM
Very unfortunate. Even though the hype already formed is very good for TON. You can imagine if the tokens are successful and have entered the market, the investors will definitely benefit a lot. Indeed, the SEC is the culprit.
I think in the future maybe Telegram will issue a new method in the crypto, either rebranding or something else.
Can't really blame SEC tho, they are doing this to ensure the safety of many investors and to stop an ICO like this that got overfunded just because it's telegram. Maybe in the future they should prepare better and abide the regulation so that they won't have a problem. The fact that the money got refunded is a good thing for most of investors rather than worrying that their token could be cracked down by the SEC anytime.
25  Alternate cryptocurrencies / Altcoin Discussion / Re: Charlie Lee wants Litecoin Pools To Donate 1% (0.125 LTC) to Litecoin Foundation on: January 25, 2020, 04:33:47 PM
The miners are in hard time struggling to keep mantaining profit and now this. implement that and losing hash power alongside hardfork will be inevitable, it's not like litecoin is a primary necessity in crypto anyway. if thing goes south, I'm sure most of people will just leave this coin and choose a better alternative. At the end of the day all these coins are just for money.
26  Alternate cryptocurrencies / Altcoin Discussion / Re: Can Stablecoins Promote the Mass Adoption of Cryptocurrencies? on: January 25, 2020, 04:04:17 PM
However if Libra happened, you could put money from your bank account to facebook and use libra, get crypto if you want, basically do whatever you can, and reverse it by getting libra back and withdrawing to your bank account. We need a stablecoin that has connections with banks so we could make it easier. THAT would make adoption mass and very fast as well.
We need a stable coin that can be trusted and for that we need a legal coin with regulation and insurance that it will maintain the valuation, the current stable coins in the market especially USDT cannot be trusted and you never know when the entire market vanishes, they had their fair share of legal troubles in the past and how long they will survive is to be seen.
If the stablecoin is already audited by the authority it could be said that the stablecoin is "safe" although there's news regarding tether that proves the USDT is not entirely backed up by dollar and that what makes me hesitant to trust that stablecoin. Maybe we need to wait until some countries release their stablecoin if we want a really secured centralized crypto for mass adoption.
27  Economy / Economics / Re: Richest 2000 People richer then poorest 4.6 billion on: January 24, 2020, 11:06:05 PM
I wonder what's gonna happen when all the money got too centralized and 98% of it got owned by these richest. These rich people seem to be hesitant when it comes to spending their money and always invest it to stack yet another batch of money to their money vault meanwhile the middle class and poor people usually become more consumptive which equal to spending more money to make the richest becomes even richer. The pattern really seems to go toward that direction.
28  Economy / Speculation / Re: Can you guys identify Whale move? on: January 24, 2020, 06:14:14 PM
not even those whale alert twtter account could give exact information about whale move. the only best way is to know it from the price movement which actually defeat its main purpose of identifying whale move which is to predict the price in the future. I mean, even if there's method out there to identify whale move I'm sure they aren't just being dumb and get identified like that. They'd try to hid their movement by any means.
29  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Digital currency of Banks can replace the Bitcoin? What is your opinion? on: January 24, 2020, 05:46:29 PM
each have its own category and userbase, comparing decentralized coin such as bitcoin and any centralized digital currency issued by bank in term of market share is like comparing apple to orange, it's more suitable if you compare these bank issued digital currency with USDT or that sort of stablecoins which are issued by centralized organization as well.
30  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Ethereum set new High in this Year on: January 24, 2020, 03:43:50 PM
Ethereum is About to set new high in this year . Most of the new and previos Projects are on the ETH platform.

No one can tell if Ethereum would set a new ATH this year but history tells that Bitcoin bull run is triggering most of the altcoins to gradually increase. We just have to wait if the Bitcoin halving effect would start this year or next year because that is the sign of the market is ready to skyrocket to the moon.
Not really true considering that if all the influx of capitals were coming from all these altcoins which could automatically increase bitcoin dominance, so many altcoins will be doomed. Last year the bullrun for bitcoin affect greatly all the altcoins and makes them got dumped so hard. There are too many factors that contributes to the price of altcoins, although the influence of bitcoin price movement to these altcoins is half true.
31  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin provides more long-term profits on: January 23, 2020, 10:57:04 AM
many choices, the price is relatively cheaper than bitcoin and the opportunity to make more profit. Maybe there are some benefits if I spend more of my money investing in altcoin and holding it for the long term. But the negative value that I found is that the influence of bitcoin is too big on altcoin until now.
-snip
The problem about holding alts for long term is the volatility. you can hold it for centuries waiting for the price to go up but all that waiting and energy you spent  could gone in vain just within few hours. i've seen to many alts that slowly and steadily going up and crushed to the ground just within hours or even worse minutes.
32  Alternate cryptocurrencies / Altcoin Discussion / Re: Is ICO WhitePaper Matter Most? on: January 23, 2020, 05:22:55 AM
Whitepaper is important to read, but it is not enough. we have to consider others aspect
such as, it is true? achievable? how's bout the team? community? how much token is?

There are many aspect which we should know more. Then if most of them is good, we can make decision to invest or not
at least we reduce the risk by reading and analyzing many aspect of the project

The WP gives the initial info about the project, but since 2014 so many WP i've red but there's only few who perform what is written in their WP.
I actually doubt that most of people will read the whitepaper fully though. Some whitepapers are just badly written and there's some bullshit in technical aspect that usually leaves me confused. Although whitepaper contains all the necessary information for you to decide whether it's a good decision or not to invest our money to this project but it's not gonna do anything when the project turning their direction halfway thus render the whitepaper useless.
33  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it still possible to invent certain Altcoin that can be better than Bitcoin? on: January 23, 2020, 05:00:34 AM
These new altcoins are literally trying to do just this. Offering so much features, proposing to solve the problem that bitcoin currently has and even trying to come up with the upgrade of blockchain which in my opinion is full of gimmicks. Despite all of that, they still can't compete with bitcoin which has less feature and less gimmicks simply because bitcoin just works and reliable. If you are talking about alt that gonna surpass bitcoin in term of market capitalization or market dominance, I can't see any altcoin do that in the near future.
34  Economy / Economics / Re: 10M Bitcoins Haven’t Moved in More Than a Year, Highest Since 2017 on: January 22, 2020, 11:40:37 PM

I read somewhere about a plan, which I personally liked very much, but hadn't a chance to try it yet. During a bull run, when the price rises around 20% per week, sell 5% of what you have, once a week, but only when the price is 20% higher than it was during a previous sell. Thus you won't miss a bull run, and you won't sell everything in the wrong time. And, of course, don't forget to buy back during a steep decline. Wink

Sounds about right. The goal is to not "lose" them all at once anyway. I'd probably prefer a steeper rise to compensate for the spread but that do sound like a good plan.
I thought what considered missing a bull run is when you dont sell. If you are selling only 5% of bull run then all these 10M bitcoins that haven't moved for a year suddenly used for a massive dump come and you still own 95% of your total assets that'd still considered as missing a bull run. You don't miss a bull run only if you sell all the assets and get the massive profit.
35  Alternate cryptocurrencies / Altcoin Discussion / Re: Creating shit TOKEN make good profit ? on: January 22, 2020, 11:02:36 PM
as you said by yourself , SHIT TOKEN ,  so the whole idea is that innocent or new to crypto people buy your token on an exchange and after they have bought they end up with a useless shit token (with no project)

this is the baddest idea i have heard for today , grow up and work hard to buy some honest crypto/token
Basically he's having an idea to scam people and it's just so wrong. creating shit token is fine only if the person created it doesn't publish it anywhere or encourage people to buy it but instead consider it as an experimental token but to trap people into buying it, that's just so wrong.
36  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the value sold in ICO? on: January 22, 2020, 04:41:51 PM
If you asking about the basic question regarding why most of the coin sold didn't add up with the amount of funds raised. These ICO usually offer some sort of bonus coin for early birds therefore usually you can't calculate the tokens sold just by dividing amounts of fund raised with the price of tokens.
If you are asking about why the price of coin in an exchange is different to what it's initially proposed to be. The answer is the law of demand and supply.
37  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin Numbers Continue Exploding in Spite of ICO History on: January 22, 2020, 07:09:43 AM
on the one hand because of their dependence on the crypto market situation, on the other hand because investor confidence has collapsed after seeing 2 seasons of many ICO fraud projects & projects delayed. maybe if the market has improved and the ICO Project shines again then investors will take part in it again. I believe 2020 is a good year for the cryptoqurrency market again.
Among these altcoins that floods the entire market I can see that many of thems are stablecoins which means they are using their own money and seek profit out of fee generated from each transaction maybe. It's doesn't always have something to do with investors though. Some of these altcoins might be just some attempt done by people to make a clone of existing ERC20 tokens or such and making fake smart contract to trap people as I've seen on many of decentralized exchanges.
38  Alternate cryptocurrencies / Altcoin Discussion / Re: Other than bitcoin is it worth to invest in Ripple? on: January 22, 2020, 06:02:01 AM
Supply is the main reason why so many investors are worried that investing and Ripple in recent years could not increase prices well, making this coin no longer a good choice for everyone. Over the past year, XRP has been around $0.2 to $0.3 and this really disappointed me because other coins like ETH, LTC, and BCH have all grown very well in the last few months.

Of course, I sold coin two years ago and will definitely never invest again because the risk of holding this coin is huge. I believe that XRP will soon return to $0.1 or lower because I don't have much hope when it comes to this coin.
Can't deny that fact. Holding XRP is just simply too risky considering how centralized they are and not to mention that the mining pool is completely controlled by them. I can't even see why this coin is in favour of some people out there, I guess there always some outliers out there. But, the rumours regarding manipulation that  endlessly revolve around this coin what makes me stay away from this coin.
39  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Some exchanges charges are too high on: January 21, 2020, 10:41:34 PM
actually the size of the exchange fee depends on the quality of the exchange itself because they take advantage of the withdrawal fees and trading transaction fees to avoid losses, but we as users must be smart in choosing cheap digital money, which is usually that I use TRX to move my assets as usual cheap withdrawal
Reputable exchange usually only charge 0.0005 or less and I think 0.001 is too much. If the condition of blockchain network is overcrowded that it forces us to pay for high fee then it's tolerable but right now the fee required for a transaction is so cheap. Maybe the exchange forget that it's not 2017 anymore and that high fee can be considered ridiculous.
40  Alternate cryptocurrencies / Altcoin Discussion / Re: What would it take for XRP to become widely used as a payment method? on: January 21, 2020, 04:47:05 PM
Imagine a reversible cryptocurrency and if that's to happen what's the difference with paypal considering both of them are centralized anyway. The reason why bitcoin has become widely accepted among online stores due to the fact that it's popular enough for these stores to consider and could potentially attract new customers. Meanwhile, XRP is just a centralized crypto which popularity is driven from trading activities and people who makes profit off it.
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