Bitcointalk username : iram1011 Rank : Hero Member Post Count: 765 Your BTC Address : 122uCzBh73omm56AFqe2tPEr64EuKbVeJf
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Does anyone know what was the second coin they picked along with XRP?
That most probably is Zcash(ZEC). It best suits the description of being a privacy coin with under $50m 24h vilume. Along with that Teeka's two most famous buddies Roger Ver and Vitalik Buterin are advisor. So my guess says it is Zcash. Moreover, some leaked reports whether legit or not also mention Zcash. But whatever the Palm Beach picks were. They are themselves potential coins which don't need any pump by them. Zcash and XRP can easily give huge returns by next year.
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i head they picked Ripple yeah... but that coin is no HODL coin. just join it when bankers pump it then take ur profit and run away.
it could take months before they decide to pump again.
Ripple has potential. Whether it was for Palm Beach or not XRP is a hodl coin without any doubt. Regarding jumping into it. The best time is right now when it is available at this price because of Bitcoin appreciation. This Palm Beach pick can boost the investment a little. But potential wise XRP is indeed a great choice.
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There are two things to look for before investing in a coin. First technical analysis of the chart is really very important. You need to understand those red and green candles and graphs and should know how to depict future rally. Secondly, you need to keep a watch on future events and updates related to that particular coin. I would say stay in top 100.
But even after these things what I have experienced so far is that cryptocurrency market has many young investors unlike stock or share market. Market is highly being run on emotions. This makes prediction about a coin more difficult. You need to be quick with your trade and never forget to use stoploss in crypto trading.
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I would say stay away from ICO unless there is some really promising project.
Reasons are many, there are tons of scam projects going on right now. Try to choose best of the lots that really have some potential and is not in the market just by bringing some unnecessary shit on blockchain. Blockchain technology definitely has potential but you can't run everything on it. Moreover, right now Bitcoin is bullish and hence there will definitely be a shift of volume towards Bitcoin and hence I would suggest invest in some 2-3 ICOs only that are potentially good.
Do a thorough research!
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I had hugely diversified portfolio with about 20-25 coins before. But have reduced it to some 5-6 major coins for now using stop loss. Recently series of positive news came for bitcoin and bitcoin is getting acceptance at global financial level and hence growing faster. According to some experts, this ride will easily continue till February. Altcoins will bleed more. That is why for now I am staying away from altcoins and will invest back once Bitcoin start depreciating as altcoins won't get bullish instantly and hence will give time to shift.
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have to keep both signature and avatar until the bounty is rewarded Manager, I wanted a clarification over this point. Until rewarded or counted? As bounty distribution is in Jan, right? Also wanted to know there is no limit to signature participants?
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Eidoo is great project, 82000 ethereum raised in ICO. Eidoo wallet have been downloaded by more than 100000 people and EDO can be margin trade at bitfinex so I think Eidoo's rise is very normal.
Bitcoin and Ethereum team is work with Eidoo. So it is raise up. Main aim of the Eidoo is wallet, exchange, digital identity solution and etc. They have lot of innovative and secured process in Eidoo. All users also like this project. It is easy to compatible in mobile devices. both traders and users are like use this project. In future it will more developed. Exchange and wallet in one Mobile app is indeed a potential project. We hardly have such mobile apps. Also the app was ready even before the ICO. I have hardly seen a product even though partially ready before ICO. Their exchange will soon start. Wallet download on Android has already touched 50k. Already listed on Bitfinex. Have raised 80k+ ETH. What more is needed for the project to be successful and token to appreciate? Their token will have real use also. Thus, utility factor is already in the picture. It's no shit project. Price will boom soon after exchange release. PS: The recent price surge is because it got listed on HitBTC.
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There are these bots online that promises to make you a desired amount of profit within a specified amount of time, now I want to start trading with the help of trading bots or robots and I would like to know which has been extensively tested and has proven to be effective over time.
Thanks for your time
I have tried some bots for trading and many in the thread have given some decent suggestions. What I want to mention here is that bots can notify you at perfect time to jump in a coin. But you'll get some 40-50 suggestions a day. Choosing from there is enough a tough task and you can still make a loss unless you go for all the coins suggested which is impossible. You gotta research a lot still.
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I expected the price to drop after BTG fork. But it didn't happen as $6k level was maintained for longer than expected before hardfork and now it would be tough to drop back to $4k range. Price should stay bullish now as Segwit 2x doesn't seem to be a problem now. With this trend I expect price to reach $10k in 2018 first quarter easily unless some highly negative news pops up suddenly.
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This is way too common statement by any bank. Banks are warning people about cryptocurrencies since ages. I am bored of it now. They only have warned and haven't yet imposed any rule against Bitcoin. So, I don't think people who understand Bitcoin at all would fall for that. Banks had been wary and will be too unless Bitcoin proofs itself in financial landscape. These banks who are today warning people will themselves be inheriting Bitcoin in future.
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First of all no government can leave financial gain from any asset go unregulated. Otherwise, there would huge cash inflow in such high return yielding asset like cryptocurrencies and that is exactly what they don't want. They simply can't control cryptocurrencies but can only regulate it to some extent. Thus, they'll do it and I feel there is no harm in doing so. This in turn makes it a more trusted asset and cryptocurrencies still need that trust because many are still skeptical and regulations are needed for safeguarding public interest as well. So, on the whole it is kinda give and take relationship.
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If a country thinks of supporting cryptocurrencies, then regulations are inevitable. I believe regulating ICOs is way too much necessary and I want to see more ICO regulations from countries. So that some potential projects can be seen and can be successful from all this ICO mess. Regarding taxing and regulating cryptocurrencies, I believe at sometime or other almost all cryptocurrency supporting countries will do that. This in one way also helps in increasing public trust.
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I want to put a different view from all the posts in the thread and in support of IMF statement here.
How can a speculative currency with high volatility can sustain global economy?
Whether people like it or not but economic growth is highly dependent upon liquidity and leverage from banks. you can't exclude banks from the financial system and have a stable economy. Bitcoin doesn't even have any intrinsic value then why you expect economist to trust it. If something is growing without any intrinsic value and is backed by nothing, the chances of collapse intensifies. I don't think anyone who calls Bitcoin a bubble or find it riskier for economy is wrong. If in future people find a better return giving asset or any better option than cryptocurrencies, demand will turn 0, then what gonna sustain the value? and how this isn't risky? and who guarantees the definite future growth of cryptocurrencies? I believe no one here. Then how can it will be a better option for economic growth?
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I had a convo with the OP over mail and he send me a phishing lookalike of bitcointalk. He is mere a scammer here. Don't fall for it.
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There is nothing like best coin. But there are coins which can give decent profit.
For long term holding that is close to a year or above, go for WAVES, ETH, LTC, OMG and ANT. For medium term holding that is for a month or so, go for WINGS, TKN, EDG and QTUM. For short term trading that is for some days to some months, go for XGOX. It is a POS token with 1000% yield and soon fork is coming which will turn it into 5000% yield. There is quite a good impact of coin in Asian market with Japan being the major. I think it is a good bet for short erm and quick profit.
XGOX is ranked 974 (coinmarket), it is very risky to invest in coins that are out of the top 100 It is just month old POS coin and I do prefer coins above 100th rank when it comes to short term trading. It is definitely not a long term hodl coin. But can be a good bet and can easily give 5x-10x returns in a month as they are doing hardfork in November which will reduce network weight and will increase the staking reward to 5000%. This is enough to lure investors and price should touch heights before November hardfork according to my analysis. Dude, xGOx is a hidden gem. I did analyze the coin and staking reward is tremendous. Right now it is at perfect entry point. Altogether lots of positive news are coming. First they are having GTK airdrop for xGOx hodlers, also getting listed on some new exchange and of course a hardfork in November which will increase the staking reward to 5000%. Perfect bet right now for short term trade and thanks for sharing it. Got into it today. A candy for investors!
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$7000 is possible this year but not but not before Segwit2x. This bullish price party is soon to be over as 25th Oct is approaching. Bitcoin is highly overpriced now and needed correction would be happening soon which might tank the price back to $5k range. After that 2x fork is very unpredictable right now, the way support is declining, either there won't be any fork or a major split might happen. Results will be dependent upon how 2x fork executes if happens.
November would be a bearish month.
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