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621  Alternate cryptocurrencies / Altcoin Discussion / Re: Etherdelta Is Broken on: February 12, 2018, 02:53:01 AM
I hope they would be able to settle this problem soon. There are some good tokens that are discounted out there but it is just disappointing when you cannot trade properly because the prices are stuck and even if the coins are already sold, it will still show on the order book which makes it more time consuming thinking you already bought or sold the coin but didn't because someone already bought or sold it and you don't know what prices of the coins are still available to buy from or sell to.

IDEX has a better interface but I am not sure yet of using it because there are others who are saying they lose their balance and its been days and it still didn't show up. I hope this would be solve for us to have a better decentralized exchange to use. I believe there are other upcoming decentralized exchange that are still in development.
622  Bitcoin / Legal / Re: Regulation Can Also Be Protection on: February 12, 2018, 02:14:30 AM
With the idea of freedom from those authorities provided by using cryptocurrency since it eliminates the middle man in the transaction, a regulation seems the opposite of it but it is needed because there are people who take advantage of this freedom to scam other people This is the reason why some countries decided to ban cryptocurrency because they just want to protect their citizens from the abuses that they might get by being involved in this industry.

Having freedom is a breath of fresh air but due to the people who are not contented with this freedom, they wanted more of it which would end up scamming whoever they can thus regulation is needed. As what you say OP, in an ideal world regulation is not needed but we are in real world so we need protection from all those people who have bad intentions for them to be accountable just in case.
623  Economy / Trading Discussion / Re: Start trading cryptos on: February 11, 2018, 03:25:21 AM

I would like to start trading cryptos, I will have a lot of time for me by July, and I would like to try "the adventure" by starting with 500 €.

I played poker a lot (7 years and almost 10 million hands played) with a strict bankroll management that allowed me never to break, and regularly withdraw small amounts, so I am someone reasoning, not a gambler. I don't want for example buy 5 x 100 € cryptos and cross my fingers, but more diversify and play on the short or very short term ...

What could you give me as tips for starting trading?


With your experience in poker OP it seems that you now how to control your emotions because you know when to take profits so I think it would be easier for you to start trading. One of the sites that I learned a lot in trading is https://www.babypips.com/learn. They call it the school of pipsology wherein you will learn step by step how to trade and the concepts behind it. It is important to have a good foundation and though it is made for forex traders, the concepts are still the same because it is still trading. You are going back to school this time.

You can search a lot of trading videos as well that would be a big help for you to move forward. Even after you learn this all, the best teacher for you would be experience because you will understand it more by experiencing it and you will know yourself more if you would like to be a short term or long term trader. Crypto trading is risky because market is so volatile so always have money management and if possible invest only what you can afford to lose.
624  Bitcoin / Press / Re: [2018-02-10] Japanese Crypto Investors To Pay Tax Of Up To 55 Percent On Profits on: February 11, 2018, 02:38:23 AM
Government wouldn't miss the opportunity of getting their share of the profits through tax. 55% tax may be too high but then if you are paying this percentage then it would mean you are earning way higher so if you look at it the positive way then you are a profitable trader which many are only wishing to achieve. We should not try to avoid paying taxes because it is the blood of the government and we are also the one who would benefit from it if the taxes are use correctly. I would be willing to pay tax as long as I have those profits because after all profit is still a profit no matter how big or small it is.
625  Economy / Economics / Re: We need to do something about all the scams on: February 11, 2018, 02:05:44 AM
Well I doubt the regulators will be able to approach the problem correctly.
I guess that the best solution would be to have a centralised service all the ICOs need to go through.
A sort of compliance, but the incentive should come from the community (aka i don't invest because you're a scam unless you go through this service) rather than from State lobbying the regulators in order to make their buck.

We already see how nationals act in France, up to 60% of tax on your Bitcoin earnings.

I agree with the centralized service for ICOs just for determining if the ICOs would be able to pass the test and it would be base then on the judgment of the community and not just on a single government agency because there is a tendency that they would pay the one reviewing their ICO so it wouldn't make much difference of preventing those scams.

Unfortunately, there would always be people who would invest in ICOs even if there are so many red flags already because of the possibility of earning 10x or 100x. Greed would always be there because it is just the nature of human. What we can do now is just to be vigilant always and warn people when we know something about a project that may be a red flag like what OP is doing.
626  Alternate cryptocurrencies / Altcoin Discussion / Re: Coins with passive income on: February 10, 2018, 09:49:02 AM
Aside from Coss, Kucoin Shares is a good way of having a passive income as well. As mentioned in this post "The Kucoin bonus is granted by holding Kucoin Shares (KCS) on the Exchange. You will not get the bonus if your KCS are held on an external wallet. This bonus is distributed at 00:00 UTC+8 daily over a period of several hours and is calculated by the amount of Kucoin Shares you hold. You will be credited with a split of 50% of the total trading fees charged by the Exchange. You can calculate your bonus at Kucoinshares.com. This bonus will be adjusted when the volume grows, however will never be reduced below 15%. It will stay at 50% for a minimum of 6 months. (Ending March 2018)” You can find the post here https://www.reddit.com/r/kucoin/comments/7mk4kq/kucoin_bonus_explained_and_future_outlook_of/

These are the other coins that I knew of.

Neblio - 10% per year
Okcash - 10% per year
Reddcoin - 6% per year

You also have the option of lending your bitcoin in Poloniex or Bitfinex. You have to set an interest daily or in a specified period.

627  Economy / Trading Discussion / Re: your strategies for day trading.. on: February 10, 2018, 08:17:07 AM
Hi everybody,
Day trading with crypto became very popular, full or part time I bet many people are trying to succeed in it, therefore I m posting this, to ask to experience people if they wanna share some of their knowledge/strategies with all of us.

I d start with one good advice " do not entry in a trade with coins that are having a peek".

That's right. Do not chase a coin because you will just end up being dumped on by those who bought previously. If you see a coin that has been increasing for some time already then think for a while if it's worth it to buy now because there may be a buyer exhaustion and there will be signs of reversal later on. If you want to day trade then choose a coin that you are familiar with. Coins have different behavioral patterns so if you are already familiar with a coin through its history then you will be able to speculate when is the right time to buy or sell.

My strategy is just to focus on one coin and then be familiar of its movement in a particular day or week. I buy when it is near a support and then add a certain percentage for the selling price. Usually the selling price is hit because I only target a small percentage of profit. I like that more compared to one time big time trades because in this strategy I get to learn more. I only buy in portions and if it goes down then I would average down.
628  Economy / Services / Re: GRAFT - Credit Card and Crypto Payment Processing Network | Signature & Avatar Campaign | [CFNP] on: February 10, 2018, 07:26:35 AM
Hello Edwardard,

Thank you for the opportunity. I'm leaving this campaign now. I will just be waiting for the payment in the previous weeks.
629  Economy / Services / Re: ★★★ [OPEN] NITROGENSPORTS.EU Signature Campaign ★★★ on: February 09, 2018, 03:08:02 PM
Username : entrepmind23
Current Rank: Sr. Member
Current Post Count: 1018
Bitcoin address (SegWit only): bc1qhxh4uvtj4tz6y0hfswem9yydahks3reffy78zc
Want to avail for avatar bonus? Yes

Hello Notaek! I want to join this campaign again.
630  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin really too volatile to be a useful currency? on: February 09, 2018, 03:57:10 AM
Bitcoin can only be a useful currency if all people are using bitcoin in which case there is no need to convert it to fiat which is the reason why we can say that bitcoin is volatile. If you are buying something in the grocery and the price is in bitcoin, you pay in bitcoin and your change is in bitcoin and there is no need to convert to fiat then the profit and loss of your money would be easily computed. It is not possible now because all are converted to fiat since not all businesses are involved with bitcoin yet so this is the hindrance why bitcoin cannot be totally use yet as a currency because you might end up losing more if the bitcoin's value drop thousands of dollars the following day.
631  Economy / Trading Discussion / Re: ICO investment Risk on: February 09, 2018, 03:33:56 AM
I just work on bounty at this moment.But every person have a dream.I have a dream.I want to make a big investor.I want to invest on ICO.Can anyone explain me, Have any risk involved invest money on ICO?

ICO or not, there is always a risk when you put your money in another's pocket to grow. It is an undeniable fact that investing in ICOs are profitable if you are able to invest in those projects that tremendously grow in just months and some are in years and if ever you are still holding those coins then maybe you already become a millionaire. However, there are two sides of the coin and the negative side of it are the risks involved which maybe that the developers will run away with your money in which case you will not be able to get back anything, the developers are quite inactive and its been months but your money still didn't grow or may even be below ICO price so you are still at a loss.
632  Economy / Economics / Re: Positive thinking brings positive things. on: February 09, 2018, 03:15:32 AM
Forums are being filled with speculation, almost all topics that appear lead to falling bitcoin prices, whether this will continue, this is the right time to buy, blah blah blah. Come on, the storm must pass, let us focus on the positive topics instead of continuing to discuss this 50% decline. Start talking about the positive news from Singapore deputy, bitcoin that has gone up 20% today and others. Think positive and positive things will come.

People just want to protect their funds that's why they are discussing more the things that might affect it in the negative way maybe to counter it and think of strategy to have lesser loss and have higher profit in the future. Their intention may be this one however it will make some people being depressed seeing their portfolios getting bloody and the media only discuss the negative things because of the control of banks and government so it will affect how the people think.

We should always be firm in our decision to trust cryptocurrency because we might say it is money we can afford to lose but the truth is it would still have a big effect if we lose it. Let's stay positive positive people!
633  Economy / Service Discussion / Re: Portfolio tracker on: February 08, 2018, 03:40:26 AM
Aside from those mentioned above, you can also try Coin Stats. It's a new app but many are satisfied with the app and it's free!

You will be able to check your altfolio investments and earnings, multiple portfolio functionality, sync your portfolio from exchanges which I think is the one you mean by API-based, check the news on each coin, set price alerts from more than 20 exchanges and it has different languages as well.

They are active in telegram too. Just connect to their telegram group in the app if you have problems.
634  Economy / Trading Discussion / Re: was trading beneficial for you? on: February 08, 2018, 03:13:41 AM
Trading is profitable and consistent if you have sufficient experience, skill, and the patience needed to know when to enter and exit a trade... I needed to fail for a couple of years before I got to learn a few good techniques.

There are really no secrets of being a profitable trader. What these traders have are experiences that help them to become profitable one and know what kind of trades they are comfortable with. Good for you OP because it seems you are able to grasp the way to become profitable. I just started trading myself and read a lot of books and watch countless videos but the true learning comes with the experience. I lost a lot before because I immediately trade without even knowing the concepts and I don't even know the meaning of the candles.

Trading is beneficial for me because it help me a lot in terms of finances and I learn to be patient as well. If you are not patient in trading then this field is not for you because being impatient make you lose or miss a big profit.
635  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: What usually happens to the price of a given crypto coin once the airdrop ends? on: February 08, 2018, 02:31:22 AM
I am interested in hearing what happens once airdrop ends? I have been HODLing and staking Deeponion for quite some time, but I am not sure what will happen with the price once the airdrop ends.. Does any of you have any examples from similar coins?

It depends on the developers of the coin if they will push through with their plans or not. I participated in a few airdrops and some coins are doing well and some are worthless because these coins are abandoned by the developers so they are just there as pump and dump coins. Some airdrops though became valuable eventually because the developers are serious with the project and constantly up to date with all their activities so more investors got involved and price are going up because of the demand.

If ever the developers of deeponion would be able to follow their road map and continue developing their plans then the coin would be more valuable in the future. This applies to all other coins as well.
636  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is hodling alts dangerous? on: February 08, 2018, 02:13:55 AM
Last year alts rise a lot. I dont know the average percentage. But when I check coins in the market at year 2013 lots of them dead now (too low ranks). probably new tech coins won them (like peercoin, namecoin, ixcoin etc)

Also we are following new ICO s and most of us expecting too much gain from new coins which are not at the market. If our ICO expectations will happen, when they added to market, current market coins will go down. kind of paradox  Huh

If you are too afraid in investing in altcoins then just always monitor your investment and if you already double your investment and maybe some profit then pull out your original investment and invest it in another altcoins. In this way, you are in a win-win situation because what is left is just your profit so whatever happens, whether the price goes up or down you did not lose anything. You should also invest in altcoins that has an active team and are always up to date with their projects because investors like those coins that are updated and follow their roadmap. Diversify your investments so that if other coins goes down, maybe others are doing well so you are safe.
637  Bitcoin / Press / [2018-02-07] Cryptocurrency Trader Sues T-Mobile on: February 07, 2018, 03:39:10 AM
Cryptocurrency Trader Sues T-Mobile For Inability to Prevent Account Hack

Just last Sunday, a Washington man filed a lawsuit against T-Mobile for failing to protect his phone number, which eventually led to thousands of dollars’ worth of his cryptocurrency being stolen.

Back in November, Carlos Tapang was faced with a grim situation in which his phone number was compromised by malicious actors. The hackers were able to port his number to an account under their control on AT&T, and reset his account passwords most likely though SMS-based two-factor authentication.

According to a recent report from Law360, Tapang’s complaint involves targeting T-Mobile for their inability to provide adequate security measures to protect his account. The failure on the carrier’s end allowed malicious actors to port Tapang’s number out, and steal his cryptocurrency by gaining access to associated accounts.

“As a result of this breach of security, Mr. Tapang’s exchange account was subjected to unauthorized transfers; he was deprived of his use of his cell phone number and required to expend time, energy, and expense to address and resolve this financial disruption and mitigate the consequences; and he also suffered consequent emotional distress.”

Hackers reportedly drained Tapang’s accounts of the OmiseGo and Bitconnect tokens that he owned, and likely won’t be returning them anytime soon.

Although T-Mobile’s sales and marketing materials claim that there are security measures in place to prevent these forms of attacks, it seems as if that wasn’t the case with this recent breach.

T-Mobile never added a pin to Tapang’s account as requested, and hackers called the service repeatedly in order to reach a representative willing to make the transfer. After the porting, Tapang was unable to access his phone number and had to do whatever he could to secure his holdings and rescue his accounts.

Number-Jacking: A Growing Trend
Hacks of this nature began as early as 2016, with a case notably involving another T-Mobile customer that had his number changed and cryptocurrency stolen. The hackers transferred the number of the affected party to their control, reset his passwords, and took control of his exchange accounts in order to drain him of his holdings. As soon as the hackers had the phone number in their possession, resetting passwords on critical accounts was as easy as pushing a button.

The process involves calling up the targeted party’s mobile provider and asking to port their number to a device in the hacker’s possession. The hacker will pose as the targeted party, and provide any answers to security questions that they might have access to through a variety of means.

One of the major ways in which exchanges can prevent these types of hacks and further protect their customers is disabling two-factor authentication through SMS, and route it through a proprietary authentication application. Although not bulletproof, it may have the power to lessen the frequency of these cases in the future.

At the end of the day, users might have control of their physical devices, but their assigned phone numbers are in the control of their carrier.

Source: https://www.ccn.com/cryptocurrency-trader-sues-t-mobile-for-inability-to-prevent-account-hack-leading-to-thousands-of-dollars-stolen/
638  Economy / Trading Discussion / Re: Money Management for daily trading? on: February 07, 2018, 03:14:11 AM
I know that daily trading is not the best choice, but since the potential profit is high, I think we might all give it a try.
Besides the technical and fundamental analysis, money management is also important, I need some advice on it,
I read and I use this type of money management, I split it to:
Fiat 20%
ETH 20%
The rest (60%) split to several altcoins,

Please share your money management for if any,
Thank you


I have a different strategy. I only trade one coin at a time for day trading. I only use 25% of my day trading capital when I buy the coin and then after that I immediately set a sell order because there are times when the coin is pump so I would make sure I would be able to catch the pump. If ever my target sell price is not reach and the coin goes down then I would find a support may it be fibonacci level or a previous support and then check the order book and set a buy order for another 25%. If my buy order is hit then I would set a new sell order price since I average down. If ever it continues to go down then I would continue the process above. So far I am doing good with this strategy. I have separate coins for long term.
639  Bitcoin / Bitcoin Discussion / Re: Who is Behind The Conspiracy to attack Bitcoin ? on: February 07, 2018, 02:44:55 AM
There are many speculations as to whoever spread the bad news about bitcoin so that people would panic. Some say it is the banks, the government, or the whales trying to bring down the price of bitcoin because they would accumulate more of it. Well it might be true or not and you being not a whale should just do something to protect yourself from getting rekt and not being controlled by your emotions like panic sell when the price is low and then when it goes back up again you panic buy.

If you look at the world market as a whole not just the crypto markets, it is having a correction as well so in times like this if you are invested in various investment vehicle like stocks and mutual funds then you should have other source of income otherwise you would just be at a total loss if you sell now assuming you bought higher. This is where the multiple source of income is ideal and having an emergency fund.

Many are saying 2018 may be the next 2008 recession and this is the reason why Satoshi created bitcoin so this time around we will see how will cryptocurrency battle the recession and see the fruition of Satoshi's vision. This might be the time the government will see the true essence of cryptocurrency and then maybe totally accept it.
640  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Altcoin are going down on: February 06, 2018, 03:47:18 AM
When bitcoin makes a rapid movement whether it is up or down then altcoins are affected. Altcoins only shine when bitcoin is having sideways movement. Nowadays, altcoin is in a downward trend as well because bitcoin is just constantly going down. Most of the altcoins are traded with bitcoin so when the bitcoin goes down, it is expected that altcoin would go down as well so traders would just sell their coins and maybe just stay in fiat to wait for a cheaper price and then buy again to have more coins. If bitcoin recovers then altcoins would recover too so if you are at a loss now then better buy back more because good news are slowly coming which means a potential uptrend.

Take a look at this news http://uk.businessinsider.com/bitcoin-prices-fall-but-institutional-investors-hold-steady-2018-2

Quote
"If you ask most institutional investors, one of the most valuable aspects of bitcoin is that every time something has occurred that should kill it, it doesn't die and it comes back stronger," Pompliano added. "I think that element of bitcoin is incredibly powerful and highly underrated."

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