When you make statements like this, you are doing more harm than good especially for those who are newcomers into the market as statement underscores the importance of hardworking and compensation for it. Its a known unprovable with undeniable fact that the market is being manipulated by some cabals but people who have no connection to any of them still make some decent earnings from trading and other activities in the crypto space. That's is what should be propagated and not words of  discouragement.


The crypto is not like the stock market where people needs some level of education or licence from a professional body to operate in. Here, understanding buying and selling is enough to make a decent returns with some understanding of the workings of the market of course.

The fundamental issue in the US is the economic system that is practiced over there which is 90% capitalism and every of the policy from time immemorial has been towards promoting that economic system and that is why in 2018, they are still talking arguing about taking money that is meant for the public away from the big banks and even the little achievement they were able to record is just a bucket of water in a swimming pool meaning it does not make any significant difference.

Over here, this is not an issue at all because we have several public banks and private banks that are specifically towards the public. We have public mortgage banks that provide low interest rate for affordable housing, there is also public development banks that is about agriculture and long term loans, there is also a bank of industry which is about financing specific sectors of economy and the microfinance banks that make funding available to individuals.

The all blanket approach will not work rather it should be a gradual one from the top. There should be a mandatory provision for big banks to make certain portion of their borrowings to public infrastructures which the activist are clamouring being neglected after which a bank can then be created to cater for such need.

These are articles that should be promoted for those who are bent on looking for every excuse to attack bitcoin that the excuse they now have is about the electricity consumed when all other arguments have failed them. The unique flaw in their argument is that is giving credence to their myopic view, they compare the global utilization of energy of bitcoin against the consumption of energy of one industry, region or country just to make an argument.

In comparison with total consumption of energy globally, the article made mention of 2% which is minute and believing with the continual development in the area of energy development and consumption, this is expected to fall lower that in the long run, it would only be an unsubstantiated fear.

There is no way to undermine the importance of community in any platform even in business world the moment you can form a community around your business, that is the beginning of having loyal customers. You see a car wash business having a relaxation not that they lose focus of their primary business but because they have to ensure to keep them coming. Even exchange sites with chat options get to see more patronage than their counterpart that does not have such feature.

While is wrong for a moderator to mock a user because of his inability to speak good English knowing fully well that they enjoy patronage from citizens who are not native English speakers. It also does not give room for users to abuse the terms and conditions of the site. Just like this case, there are several details in those tiny terms and conditions that gives almost absolute powers to the site. The moment you flout anyone or interpreted to have flout one, they will take action and there is nothing that can be done.

Its not that hard to figure out. I believe those site are just trying to avoid trouble as much as they can. Its not only the Italian market but I have read about United States market and the Chinese market who have been disenfranchised not only in the area of gambling but also when it comes to ICOs not because the service providers won't enjoy the revenue from that market or not happy to expand their user base but legal ramifications that may swallow them if those market are tapped. For those that are still accepting, I guess they have something solid to stand on by the time government agents is ready for them.

The determining factor of what will happen in the future is very much dependent on the position of government of your country concerning online gambling in general and to be more specific, crypto gambling. This will go along way in determining whether gambling sites would open their business up for participation from that part of the world or remain shut while those who are open now would either close up services or not.

Unfortunately, there is no redemption and if you can be this remorse and value those relationship and translation campaigns that you are part of, you would have known to do the right thing and understand that bring on the forum is a privilege that should be held in high esteem and not taken for granted. I wonder if you won't be cheating those translation campaigns you so much care about to be forgiven.


Its plagiarism and outright cheating. Admitted that someone might be caught innocently but not as much what Op is guilty of and not with so much similarity and the same meaning. It should even attract higher punishment than plagiarism because it goes beyond plagiarism but concealing the act of plagiarism.

Aside from those who are fond of cheating the system and being caught every time which result in them being given negative rating for cheating, there nothing else that you are not being told other than put in some constructive posts. @DdmrDdmr is of a member rank and he has over 700 merits which is already enough to get him an hero member position if he decides not to earn any merit again. It might sound unbelievable but looking at the content he dished out, its not surprising that he is able to garner such amount of merits within a short period of time.

The point is give it your best and if you feel you are not getting the recognition, submit your posts in threads opened for merit purpose and you will be noticed. The most important is add value and you are sure someone will notice.

The forum is not really harsh to newbies. Its about the expectations that have been set for anyone who is old enough to visit the forum to know some basic things. For example, you don't have to be in the forum to know that copy and posting of other people intellectual assets without giving proper reference and acknowledgement is wrong. Its pure plagiarism that is frown at in every human gathering in the world.

Another case is by default you don't join a community or a new work place and start behaving the way you think its the right way to behave but rather you take your time to understand their way of life before trying to force yourself or else, you realise you are not welcomed. This is not different from what is interpreted as being harsh because they fail to read, there are sticky threads to help you get your feet but no attention is given to it, reputation, beginners and help and meta sections of the forum are there but they won't visit on service sections or bounty, digital accounts until they break a rule that could not be ignored then its concluded that the forum is harsh.

For you to have declared it dead, it means it should not worth anything to you and since its not disturbing you in that MEW wallet, I would suggest you just leave it there and keep you access to it because nothing is more painful for you to see yourself lose so much money on a coin that you have declared worthless only to worth a fortune six months down the line and by then there is nothing you can do about it.

Since I learnt my lesson, except the coin does not have any trace on the the internet again, its not dead even if the developer have stopped working on it, you might be lucky all of this pump and dump group might pick it up for their selfish needs while you might be fortunate to be trading at the time. This would pay for your wait time in ways you cannot possibly imagine.

A whole nine in one day? This is  disappointment on those that have been expressing optimism about the ETFs and those that have hanged their fate on its approval. Times without number its being said and this is a reality the world financial sector is not ready and this is a further testimony to that. They are only buying time till whatever they are doing underground to gain control of the blockchain before moving forward with whether to accept or not. The companies even making the proposals are the ones putting powers in their hands because how on earth do they expect otherwise blockchain till this time cannot be control by anybody. Government approval means taking a way their power which is control away from their hands. How would I willingly let go of that control without a fight?

Its time for everyone to move on. Just like I had predicted when the price of bitcoin crashed because of ETF, I think now that it has happened, we should expect some discount in price as this news is expected to cause some panic when its eventually circulated thanks to the crypto media that will ensure it keeps going on and on till the community is ready to move on willingly.

This is some high level of profiling scam activities that could happen to anybody because I won't want to conclude  that he was greedy neither was he not aware of some amateur scam activities because for him to have held on until this day is a testimony that he must have seen and read about several ways of scamming people out of their hard earned resources. This is pure target operation that they know he had the amount of bitcoin they are looking and because an ordinary individual will not be going every where with mercury light to detect fake currencies.

The take out is for everyone to be more careful as people are getting wiser in the art of robbing you, you also need to be smarter in keeping yourself safe. You don't go about announcing that you are a millionaire just by being lucky to invest at an early period to the shame of those who have worked several years but could not get a fraction of what you have just for that same reason. One need to also carry people close along because the more people you involved in the 'deal' the more likely for you not to get scammed as at least someone might be able to see through and finally, if its too good to be true, its likely to turn out bad.

Reading the article, its shows they don't have a clue about how to go about it and in the long run, they will only be looking for scapegoat to make an example out of and nothing more. However, its really not a good thing for people engaging in crypto currency to use it as a means of evading tax especially in an environment that has made it possible to do the right thing compared to others who have chosen to go the negative route by choosing to ban the crypto currency.

When it comes to the issue of tax, the onus is always on the tax payer to declare and pay even for companies that they can carry out audit activities which should even be more pronounced in crypto because of the difficulty in tracking or doing any form of audit activities. For the sake of not giving the government of South Africa the reason to go on the defensive and reason for other countries to not to allow a thriving environment, enthusiasts needs to start doing the right thing.

Its the "observers" that are making an issue out of a statement made by an entrepreneur trying to encourage people and doing so innocently. His statement does not signify any shot taken against coinbase at all as both operates in the same market and there is high possibility that same individual opens account on both platform so they might be claiming credit for just an individual because its about emails and unique numbers than person. More so, I would trust coinbase figure more that blockchain because of verification practically absent on blockchain platform.

Whether one is providing is platform for speculative purposes, and another having "real" enthusiasts, they are both pursuing the same object how they know best as you can't separate the two. An enthusiast will be encouraged to stay if only he can get rewarded for being a speculator and the same thing applies to speculators that can get stuck because he needs to make decent returns thereby being a convinced enthusiast.

You have just summarised everything we are facing in the name of journalism in crypto world. Sometimes you even get to see article that is not well written in a chronological order yet the headline is about what to get your attention to read. I wonder if that is the way journalism is done in the real world, there is no way CNN or BBC would be as sought after as we have them today. All of this still lies in the unregulated environment. Anyone who can form sentences and can build a website is already a journalist. No one is talking about the ethics of the profession, the importance of investigative journalism, the need for proper acknowledgment and most importantly balanced reporting which has eluded the crypto world for a very long time (in that, its only bad news that could cause panic that gets the most reportage while groundbreaking ideas gets little or no publicity).

Unfortunately, the time to start convincing people as to whether its a pyramid or not is over. No matter his much some people have been preached to about religion or God, they still hold the view strongly that its a myth and exist in the figment of those believers imagination. Whether that is true or not does not matter to them. The point of this is that, whatever you believe to be true remains true and whatever you chose to believe as myth would remain so, for every argument to prove otherwise, you come with a counter argument to maintain your position. Its that simple.

Let's stop trying to convince frantically and start moving towards adoption to the vast majority of people who have not heard about it as they are easily convinced than those who have taken a stand already. In a matter of years, the "unbelievers" of would be so small that their opinion won't matter any longer.

Exactly my own understanding as I was asking myself what is the difference between the two? Can we see a bottom without a dip? And if there is a difference, someone waiting for the bottom in the midst of dip might have to wait till forever because there is no notification anywhere that state "this current point is the bottom. Henceforth, we are going higher". Aside the fact that its a relative term as what could constitute bottom for one, is the point to exit for another.

In basic investment that follows the "natural law", higher risk=higher return but not exactly true in crypto. An example is someone banking on an ICO taking enormous risk because he believes the return would be massive only for the ICO not to reach soft cap or anything close to that which makes implementation impossible. That amount to huge loss despite the high risk investment he took.

Everybody cannot be traders. The people that trade and those that hold provide balance to the market and they have their own individual objectives that they believe that course of action is the best way to go about it. Holding is not all bad so also its not all good. I have seen people who hold for just six months and the coin turned out massive and I have equally seen same too that it worth zero having being delisted on major exchange sites over time.

Rather than discouraging holding, you should advocate the right coins to hold. Imagine everyone is dumping and no one is buying, I guess you would even left the market and the value would have dropped drastically. Basic knowledge about trading is good but it involve more than that to actually make decent returns as its not as simple as it seems.

I have never thought there is any special interpretation to that phrase ever since I have come across it in trading. It also not only applicable to trading so also investing and gambling. For investing, its even simpler, "never commit what you will need to survive in the short term" as that could mean making some bad decisions. While in the case of gambling, its just so straight forward you can really lose it fast with the chance of it coming back slimmer than you losing more if you continue with it.

But unfortunately, those who would not listen would not as you see them panicking over what is not, threads about how price is crashing, "why is my ETH falling?", "when will the next bull happen?", "will bitcoin reach $10,000 before August 31?" along other ridiculous questions that can only be answered by the forces of demand and supply or some high level of information cabals (if it exists) not on the forum here.

Of course micro trading is still possible in some certain exchanges that won't give you the condition of minimum amount to trade just that you might be limited to the coins you will be able to purchase as the ones I have known of have the minimum multiples of coins. On the issue of verification, I doubt if you will have a way out of that at this time as any exchange sites that wouldn't even ask for that, I would be careful to deposit a cent there but the extent of verification differs across platforms as you have to choose the ones that you are more comfortable to disclose the amount of information they require.

I also share in the same fear because when much attention is given to the decision of SEC, the outcome whether postponement or rejection is going to be fatal and considering the current level of price, this might not be the lowest we would see except there is some serious increase in price so that when the decision is made, the negative effect will only bring it back to the current situation we have now. The more reason why I always advocate that we should shift attention to other things but unfortunately, that won't work for majority of people.

What I see here is SEC exercising its allowance to the fullest without being seen a anti-development in that by the time they are making their decision, if its negative, they justify their decisions that they have taken their time to do a detailed study before arriving at such decision while if its negative, they would be hailed for arriving at such landmark decision. I am not too hopeful for the latter though.