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1081  Alternate cryptocurrencies / Altcoin Discussion / Re: How do you screen ICO projects, what do you look at? on: March 07, 2018, 01:21:14 PM
Those rating websites are full of it and completely unreliable. I always start out checking how much they want to raise cause if it is too much I can move on without wasting time reading everything. If they raise an amount I can stand with then I start looking at their team, if I don't like it then I move on to another ICO. If I like the team I start reading their problem solution or whatever their USP is and then everything else.
Most of those rating websites are busy looking for traffic and some ICOs to pay them before they even add them and it has turned to money making venture than it being a community service. So many of them have been known to list scams before and then end up deleting the rating once they confirm it to be scam and that sucks. It is good the OP is coming up with something like this and I hope they do not end up like one of those rating sites.

OP's suggestion is a very nice one and one that is absolutely needed for investors that are lazy to do proper research on their own. I feel sometimes, a lot of people look for high level of information when they should concentrate on the most important things first and that is where it gets bad. The team in particular is one that is very important to dig up first and if you have that planned out coupled with some other factors to check out, that would be nice.
1082  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum TO $400 AGAIN on: March 07, 2018, 12:05:05 PM
I read some news that Ethereum will get back to 400 dollars.

Do you think these rumors are real? I tend to think yes and I think this will happen soon.

No one knows for sure and exactly! You want to invest, be responsible for your decision!
Thanks
Apparently, that is more like trying to tell what the future holds. They are just mere speculation without any basis and such news should not be paid attention to a lot. However, if the OP is worried, and he feels he can trade effectively and monitor the movement of prices for Ethereum, it won't still be a bad idea trying to make some extras if it ever happens. $400 though looks like something that is pretty far from what can ever happen but it is the market, so, I usually leave room for any chances.
1083  Alternate cryptocurrencies / Altcoin Discussion / Re: do you think younger generation is more open to technology? on: March 07, 2018, 07:23:56 AM
Does technology favor the young! Do you think we need younger lawmakers to translate the language of cryptocurrency.

I think it doesn't matter. Yeah, young people think more flexible while old people have more experience. Collaboration of young and old ones will be the best  Smiley
Right, I believe they all have a part to play. The younger generation are vast when it comes to technology, they see it as the future but may not have all it takes to make good decisions as politicians or lawmakers and may end up reckless, while the older ones who are totally opposite in this case, can come together to reason with the younger age and see how to move forward.

We all know this is the jet age and the younger generations are the ones it favors the most. The older generations apparently are more than confused right now though, as they are really trying to catch up and they would rather prefer the traditional way of doing things. However, for the younger generations, they have been exposed to technology at a younger age and it seems they get the picture clearer with a lot of enthusiasm.
1084  Economy / Trading Discussion / Re: Bitconnect Ponzi scheme... on: March 06, 2018, 05:55:57 PM
I'm so happy that I stoped a friend to invest 10k in Bitconnect. I don't understand how some guys didn't realized it is a scheme  Angry There were several investigations circulating on youtube
$10k would have been a whole lot of money to have lost in a scheme. Funny enough, I was speaking with a guy recently who loves investing in ponzi scheme and he gallantly told me it is not like he does not know these are ponzi, but life is all about risk. Seriously ?

Life itself is a risk, and not being calculative puts you in more danger, but I believe greed has probably shut some people out from the real world knowing that nothing good comes easy.
1085  Economy / Trading Discussion / Re: has trading become difficult? on: March 06, 2018, 05:10:51 PM
Trading is difficult at the present market, so easy to lose. The best decision nowadays especially for newcomers is to not trade, wait and learn something new about blockchain technology. Often it is more profitable to do nothing.
Easy to lose for those who have no idea about trading and they think everything about life is all about gambling, so normally, I do not expect it not to be difficult. New comers can decide to trade, as long as they have the knowledge about trading before coming into the cryptocurrency world, but for a newbie who is really new to everything including trading, it would be a huge loss for them trying it, but they can as well be my guest.

As long as you are ready to learn and build on your knowledge over time with some experience, then you should always be fine with trading. Only those who are lazy to learn and are always eager to do everything without considering what they are doing as extremely important, then they will always be the ones to suffer the consequences. What is there to learn? People just love making things difficult for themselves, which is how I see it.
1086  Economy / Marketplace / Re: Bitcoin Trading! on: March 06, 2018, 02:30:47 PM
The best thing you can do in order to learn better things in trading is to do trading by your own self as the things which learn by your one experience are the things which you remember for the long time. Trading is very much profitable but only when you have enough skillset in trading.
Anyone without those skills should not even think about it, trading as far as I know is one thing that you will need some knowledge and consistent practice to get good at and it would take determination to keep on as you may end up getting frustrated. Nothing good comes easy and if it was that easy, we would have all been extremely rich by now, which is why we just have to work hard for it.

Normally, only the person who is good at what they do will always end up succeeding in anything in life and trading is not an exemption. One thing is that trading is one thing that one cannot even just see as a mere easy stuff considering there is a lot of things one will need to know before even starting to trade. Every trader needs to have some attributes combined with some great level of knowledge to be able to do pretty good when it comes to trading.
1087  Economy / Marketplace / Re: market now on: March 06, 2018, 01:59:55 PM
I still dont understand why people dont really study or have little knowledge on how this crypto work because if there is any little drop in price, panic will start but when the price is mooning, all wont complain then......
That is because they are too lazy to do so. It is pathetic when you see the level at which people display their ignorance in public and panic at the slightest things. At least for someone without a trading knowledge, there should at least be the investment knowledge and should have known by now that it is normal for any market to fluctuate but at the end, every trend will always change from down to up and vice versa. It is not about the market now; it is about the market in the future.

Market will always be unpredictable and that applies to the general market, be it stocks, Forex etc. The volatility of cryptocurrency is even more due to the fact that it is an uncontrolled market, but at the same time, one just have to always make the best use of the time and changes the market brings. So far, the market is looking great with just some little lows and highs, but over time, it will recover and the trend will change completely.
1088  Economy / Gambling discussion / Re: How safe is Bitcoin gambling on: March 06, 2018, 08:39:09 AM
How safe ? In terms of earnings, its a 50/50 probability of wins and losses it all depends on luck. With regards to the security on the gambling site, there are many sites who scams desprate gambler so you should be careful on that. Gamble only to those recognized sites. You cannot make a living depending only on gambling. Its like betting your 3x a day food everyday, well, if thats okay with you then go.
If everybody who gambles can have that mindset, then the gambling world will be a better place as each and every one will make it safe for themselves and those who cannot afford to lose anything will just have to stay away.

The thing is with even the 50:50, your chances as a gambler to lose most of the time is high and if I want to put together all that I have gambled, I would not be surprised that totally, I am losing a lot, but as long as you do not have problem with that, it is okay. The only way to play safe when it comes to gambling is to not play more than you can afford to lose, and with that, at least, you would not let emotion take over you or see yourself end up losing everything you have.

If anyone is considering safe as winning all the time, then that kind of mentality on its own is not even safe and that is what has led so many people into making a whole lot of mistakes and they are regretting it till date if they are not too addicted to realize it anyway.
1089  Economy / Gambling discussion / Re: Ways casinos cheat on: March 06, 2018, 08:00:32 AM
i heard that roulette ball can be controlled, and the ball will vibrate, and will fall on numbers that are not placed bets... read this article too, as your reference to find "fair" casinos
It is obvious there isn't any casino which claims to he fair so if we see they aren't doing anything wrong I haven't seen any casino stating that they are fair and that they can't predict the future though I have seen very less casino cheating through roulette as it is hard to make it look realistic
Nothing is ever fair and most especially when the probability of the casino winning most of the time is even higher makes it easier for them to keep winning. How will you keep rolling a dice and expecting the same outcome, it is not possible, one way or the other, things would switch until you just see yourself losing everything and same applies to other casino games, one thing is that, one way or the other, the house edge will always have the higher advantage even without cheating.
1090  Economy / Gambling discussion / Re: What is your Dice gambling strategy? on: March 05, 2018, 01:16:08 PM
There is no strategy involved in the dice gambling because it is pure luck based game so we can't do any strategy to win in a dice game but we may keep some strategies too keep our loses in limit by keeping limit in the betting amount.
Exactly strategy in gambling as a whole is what will be your reaction on such a situation if you make xxx amount of profit should you continue ot withdraw if withdraw how much percentage all these stuffs are different strategy
But one important thing is all this should be written down on a paper and we should refer this paper while otherwise if it's just in our mind we will surely not follow it
I do not know whether to actually call that strategy or principle. All the same, any wise person who really wants to gamble should always have a limit to what they can lose. You cannot always win in gambling and if one can have that at the back of their mind and then see the house edge playing some stunts on them, it is better to just zap than going ahead.

There is no strategy involved in the dice gambling because it is pure luck based game so we can't do any strategy to win in a dice game but we may keep some strategies too keep our loses in limit by keeping limit in the betting amount.
I would not say there is no strategy, however, most times they are just there to play safe a little bit but does not guarantee anything and in fact, the chances of losing is still very high. Also, having some limit to play with is also a strategy anyway because not everyone would be ready to do that and some would rather keep pushing their luck until they lose absolutely everything.
1091  Alternate cryptocurrencies / Altcoin Discussion / Re: Here is why ICOs should pay in ETH instead of Tokens on: March 04, 2018, 04:54:02 PM
Your idea is very precise, I remember with the XUC exchange union project. If I'm not mistaken they pay campaign prizes using eth. This is very influential on token prices in the future, because there is no dump of the campaign participants and developers do not need to spend money to pump the price of coins. At ico the price of XUC is only $2.2 and the current price has reached $6.6 , very different from the project paying the campaign reward using its own coin. This is the best solution for the project to go according to plan and without any risk.

It just seems like such an obvious solution to all the problems everywhere I don't get why the practice is not more widespread. No more telegram chat flooding or fear of bounty dumps, and no need to delay bounty payouts out of fear of said dumps.
I really do not know why as well and the earlier they find something to do about it, we may have to start seeing the era of ICOs going and every project will just have to hit the exchange first and any investor who cares will go there to make a purchase. It is becoming unbearable and I really do not know why bounty hunters do that, when of course, they should wait for the token value to increase. Well, they are always there looking for the quick profit anyway.
1092  Alternate cryptocurrencies / Altcoin Discussion / Re: What makes an altcoin valueable? on: March 03, 2018, 07:24:43 PM
I think altcoins have value because of
1. Team and project behind the coins
2. Product offered by the project
3. Trust from investors and community

I think this is definitely true for the moment of ICO. But as time goes by it will be important.

1. Velocity of transactions on your platform (how often it is used per period of time)
2. How stable and growing the community is
3. How fast the platform can innovate

The scarcity of tokens and speculation cannot keep the value up long term.

Help me with the research on ICO investor behavior, if you invest in ICOs fill in this short anonymous questionnaire. Thanks, cheers and may the force be with you!

https://tilburglawschool.eu.qualtrics.com/jfe/form/SV_3sCWmLd0wY1OK3P
ICO is just a spot where the marketing is done, people are given the chance to be a part of something good as long as they see something good in it for the long run, but that is it. So many ICOs have done marketing in the past, but where are the coins or tokens now ? As long as there is no product for a coin, whatever value it has is never going to be sustainable and that is why you see some altcoins rise up today and in the next few hours, crash suddenly. Without a product, it remains a shit coin.
1093  Economy / Economics / Re: crypto market demand is increasing on: March 03, 2018, 05:36:59 PM
In this circumstance its a pleasant impact to every one of us in light of the fact that the esteem cost of digital currency were roughly develops its value .The request of crypto coins at this moment was quickening and this is the thing that we called a decent sign to make our profit expandable. I'm gladly to be here this is on account of for how long of my reality of this exercises, whatever I can see is bitcoin was the sort of cryptographic money which is steady and ideal as our long time income.
crypto market demand is increasing that is evident from the number of users and that keeps on improving from time to time. Crypto gives more profit than any other types of trading activity that is the reason why many people are choosing bitcoin and other types of altcoins for the investment.
It surely will always improve as more development keeps coming up. So far, seeing governments even trying to regulate it will usher in more investors and then see the space increasing in volume of demand in the long run more than we have now already which is always a good thing. This technology is solving a lot of problem and for the fact that a lot of people are beginning to see that, things are changing pretty fast.

Normally, every investor is timing the market and looking for the best option to get into the market for the long position. I still believe we have not seen a very huge demand yet and over time as we keep seeing more adoption, things will even start becoming even awesome for the cryptocurrency space since that would apparently cause more increase in value of bitcoin and some other usable cryptocurrencies.
1094  Economy / Trading Discussion / Re: Can I make passive daily income with trading? on: March 03, 2018, 01:43:31 PM
If you trade is no longer passive earning because you will be involved in the day to day activity of that trading account.But when you invest you can passively earn while others (managers) are incharge of running  and making decision on the account.
Some styles of trading can work around to be a passive earning. Day trading obviously is not for everyone. I work and I still trade depending on my schedule, but most times, I only trade long positions and I only have to look for some market opportunities once in a while look at change in their trend and buy them at dip. That is how I trade and what I get anyway is even more than what one would call a passive income, but it is still passive al the same.

Trading can be passive, depending on the level of each trader. Long positioning trading is passive. You do not have to stay in front of the chart all day as you only have to monitor your holdings once in a while which can be pretty effective too. If you know what you are doing, the trading with less risk is long term trading as you can easily set alarm in your stop loss positions and most times, you only have to wait for a while before even hitting the target anyway.
1095  Economy / Trading Discussion / Re: What to do if the prices down again? on: March 03, 2018, 12:54:49 PM
One of the attitude that you should have in this business is the PATIENCE. It is very normal that prices will go down especially in the crypto marjet because it is very volatile. The prices fluctuate every minute. If you see the prices are going down, don't mind it. Just hold your coins and have patience. You will not incur losses until you sell your coins.
Yeah, patience is a virtue but being smart is better. Probably because I am talking from the perspective of a trader but as long as I bought into a coin and it ends up going the other way round based on what I did not plan, then I believe it would go down more, which I would prefer suffering a little loss, and buying back lower for a bigger gain. However, anyone without knowledge of trading will always have problem with that and in that case, it is better to just hold.
1096  Economy / Trading Discussion / Re: Trading FOREX or Crypto? on: March 02, 2018, 04:55:12 PM
The best ways I think crypto is the best ways to do the trading because now days many coin and many people can make money to do the bit coin.
Not really about which is the best, it is mainly all about how your knowledge is capable of getting you to make use of the trading activity to your advantage. I trade both and there are great opportunities. It is just the way you are able to understand the market and use to your advantage that counts. If you cannot do well in Forex, you cannot do well in cryptocurrency and vice versa.
1097  Economy / Economics / Re: how can the beggars access Bitcoin? on: March 01, 2018, 05:10:27 PM
If all paper money were change into Bitcoins, can it be access and use by everyone? how can the beggars access Bitcoin?
As long as the beggars can access the internet they can finding bitcoin from it. I think beggars not should to ask bitcoin from other people because we can easily get bitcoin and other cryptocurrenncy like joining on airdrop and giveaways.
With a PC or a smart phone which they cannot afford, have never used before and will take them years to even try to get used to right ? We are talking about beggars here bro and not someone who is just poor but with some knowledge about how to access the internet. I am not sure where you are from, but the beggars over here will actually use the paper wallet you give them to wrap some weed and smoke or probably throw it in the garbage.

Probably beggars will and maybe a lot of development will come up that would make having cryptocurrency accessible to almost everyone. Most of them are still very much limited to the digital age and the know nothing about it, so which makes it pretty difficult. No matter how you try to teach some of them though, you may just end up wasting your time. So, that may be one of the reasons we will still have fiat in place anyway.
1098  Economy / Economics / Re: Banks admit they fear BTC on: March 01, 2018, 03:38:57 PM
They cant beat BTC so they find a way in Ripple. But most people now understands the power of decentralization and hence the rise of BTC,
That would even be the worst mistake ever, considering the history of ripple. Decentralization is here to stay, sure there would be some monopoly here and there which we are already seeing in the market, but the idea of decentralization makes it worth it a lot and the fact that the banks are losing out on the centralization power makes it even more appealing.

They would end up begging us to give them job and save no matter how little when the time comes.

Fears of banks is pretty obvious they have always been scared and know the implication of that for me. Come to think of it, my bank has been giving me some good interest on my savings recently, which has not really been something I have seen much from the past, and also, I keep getting the message of doing international transactions and getting some benefits. It seems they are really beginning to see how the power is leaving their hands.

Big big thanks to Satoshi.
1099  Economy / Speculation / Re: Bitcoin predicted to rise up this 2018 on: March 01, 2018, 02:59:43 PM
I hope this ever comes true. Today prices are falling a lot, I think prices will recover but I hope this comes true as faster as possible.

this will go to be true and just wait when it happens. I am sure that the prices will recover and it will increase higher and will make another higher price. with so many people join bitcoin world, they still buy bitcoin and today, the price is down again and we can buy bitcoin again to fill in our wallet with much of bitcoin. but we are still at this price and maybe it will be like this until in the next month
already for the last time Until today Bitcoin can not overcome the mark of 11000 dollars with the rudder separation. I'm already convinced that this year will not be able to show us the next records of Bitcoin. So it is necessary to be satisfied with the price, which is already today.

It's true that bitcoin is really having a hard time now as the $11,000 resistance is hard to reach again. But still I believe that bitcoin is just preparing something big that will make people go crazy again. So don't worry my friend as good things happen for those who wait.
It is always funny when people say bitcoin is having a hard time. It is how the market is and we cannot just think bitcoin will remain in the position where it would just keep breaking every resistance or thinking it would be hard to reach again because it was not broken the first time.

Apparently, you have not heard about the retest of a resistance and the importance of a retrace when a market has been overbought. Bitcoin may rise up and it may not, but really, who cares? As long as the future is intact, that is all that matters.
1100  Economy / Speculation / Re: Common misconceptions about day trading on: March 01, 2018, 12:33:34 PM
Just to start off, I believe that all trading... Even the mpst basic concept of trade and commerce, are exposed to some element of luck. Bitcoin's extreme volatility has made day trading an incredibly viable method of profit taking but also increases this exposure to luck.

That said, I think the most successful traders with the most consistent performances understand this element of luck and use their experience and skill to minimise reliance on luck, otherwise known as external factors beyond their control.

Technical analysis hasn't convinced me as a reliable trading tool for Bitcoin, it certainly has much less reliability in day trading, but the moderate success of bot and algorithm models used by day tradera suggests that there is enough data and short patterns in the volatility, though likely specific to platform and location.

Arbitrage is one example that thrives in day trading. If not only exclusive to it.
I would say exposure to luck and exposure to a lot of risk. I have tried day trading before and even with stoch or RSI to play with the 80-20 rule with overbought and oversold in a specific time frame of choice, it just does not work sometimes, and most times you just have to be able to learn to play your cards right with a lot of stop loss in the process. I know a lot of people have been doing this and working out for them, but it is just a lot of stress to take in and I would rather stick to the short term or long.

Some people totally are just fund of gambling anyway and they see everything they do as gambling, so I would not expect them to say otherwise, since all they do is to only sell high and buy low without considering some other things in the process or making use of some oscillatory indicators to make their decisions. Day trading may be stressful and need a lot of concentration, but if done well, it is far more than just gambling.
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