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1121  Bitcoin / Project Development / Re: Many small ants can lift bitcoin exchange rates on: August 16, 2018, 09:09:54 AM
One small ant can't lift a big bug but a lot of small ants can. Why is this metaphor here? Well, if you read this message, you probably are a member of the crypto community. It means that every morning you check the current exchange rates of Bitcoin, Ethereum or other cryptocurrencies on your phone or computer. You get upset because crypto is not growing in price. You try to comfort yourself: “it will surely grow someday”. Guys, there will be no growth unless we do something. 
This is one of the argument I always put forward any time I see post being made about people on what will happen to the price of bitcoin and expressing opinions, believing predictions and quoting projections about how another all time high is going to happen without doing anything which I believe won't happen by miracle and at the end of the day, we would only end up shifting the good days forward when the one set without the needed action fails to materialize.

I have an idea how to make crypto grow steadily and constantly. The idea is quite simple: we have to attract as many people as we can into cryptotrading. The crypto world needs new people, new blood. We have created a marketplace where people can buy and sell goods and services for crypto. The marketplace is live and real transactions are made through it. We made it. And it’s so cool!
 
However, there are not as many deals and people on the marketplace as it could have been. We want more – we want the crypto world to develop and expand. And we need your help. 
 
Help may come in many different ways. Do you live in Brazil? Great – you can help us translate content into Portuguese or in Korean, if you live in Korea. You can actually help us expand and start working in your country if you help with translation. 
 
Every person has this friend — while you bought or mined bitcoins in 2011, he did nothing. And now he gets stressed thinking “to buy or not to buy?" Good news for him – now he has a chance to earn crypto – he just has to sell something for crypto on our platform. We have place for any legal goods or services. Anyone can publish ads on our website for free.
 
Are you an owner of a group or a public page? Do you have twitter? You can share the information about our project. This will be a huge help for us and for crypto rates in the long run. You can help us by doing small things: some of them only take 2-3 minutes. However, each and every one of them brings us closer to the result beneficial to us all – the growth of crypto exchange rates and the increase in its importance in the new global world.
 
Are you willing to help us out with some money? We will be happy if you buy our tokens. Even if you spend only $10 – still, we will use this money to develop our project.  We have already proven that we can deliver maximum results even if we have constrained resources.
 
Yes, this will take some of your time, even if it is 2 or 3 minutes. You decide what’s better – spend this time staring at bitcoin price charts or help a project that will really extend the boundaries of the crypto world? 
We ask the crypto community for a little favor. But this little favor from thousands of crypto enthusiasts may help us not only to promote our project but to promote and increase demand for all crypto currencies.

Your idea is very simple to follow and it should be encouraged but the problem is that people that are already in the crypto space aside from those doing it already are selfish about it. The ones with huge number of followers on Twitters have turned it into where they can mentioned a coin that would be used for pumping and dumping purposes. The same thing is applicable to those who have telegram channels either to use it for dumping purposes or promote scam ICOs in other to rub the few new entrants coming into the market with fresh funds.
1122  Bitcoin / Project Development / Re: We'd love to get some feedback for our new Start-up! on: August 16, 2018, 08:30:12 AM
Hello everyone,

My name is Liviu, I am a developer and have been working on various blockchain projects in the last year. I have just launched my own start-up called Dapptitude, our initiative is to gather and connect blockchain projects and start-ups with developers and teams worldwide. Here is the link of our website, I would love to get some feedback from you guys, thoughts and impressions, also if anyone is interested in working with us, I am more than open to hear from you.
http://dapptitude.io/

Kind Regards!

As a first thing there, your site is not secure which is the notification I got for visiting the website. This alone would discourage people from paying a second visit to the site in other to know what is really going on. Another is the duration of time it uses to load which I think you need to do better with the same internet speed, the forum loads 5x faster than your platform.

You did quote some big names there as your clients such as Samsung, Uber, Tinder etc. but at the same time saying here that you have just launched your own startup. I think that is contradictory except there is more that I am not privy to from here. Also, there is no clear distinction about whether the site is a platform where people can collaborate or just a freelancing site that people come to hire developers for their projects. The objective needs to be fully clear.
1123  Economy / Services / Re: I have an idea, I need partners, developers. on: August 16, 2018, 06:13:38 AM
Hi all!

I am looking for developers (website, ICO, smart contracts, app, security, wallets, etc.)

I am a Sales/Marketing person, I can do that part of the project.

Please PM me for details if interested.

I am sorry to give this advice, but you needed more than that idea to really function in brining that to reality. The part that you have expertise on is really not too difficult to do or get someone to do for you. The most important part of the project which is the technical is where you as the originator of the idea should be able to function and since this is the case, you need to go look for fund to hire people that would do that for you if you are serious about this idea.

Its when the project has kick started and you see the practicability of the idea, you start to form team, then start thinking of expansion, financing etc. For noe, you just need to go back to the drawing board.
1124  Economy / Economics / Re: whether waste of money is the biggest disaster in the economy on: August 16, 2018, 05:59:04 AM
I have seen many people waste money for a long time and make themselves poor, is there a solution to overcome this type of person ,?
why is not invested with bitcoin?

There is a superstitious saying that "money or wealth is a visitor which would leave one day if its not used properly". This word is mostly applicable to those who were once rich and by virtue of mismanagement ended up poor while those who are still able to maintain their wealth are immune to such statement.

There is no solution at all because some people that the ill fate have befallen is as a result of their carelessness while others fell in the hands of scammers who are even close members to them because they wanted to do the right thing. Investing in crypto currency takes a lot of risk and not something you start learning about when you have the money. You must have known about the risk, what you are entering into, the ups and downs months or years before the money came with that you can be able to think straight to either invest or diversify. This key thing is what is not available to everyone.
1125  Economy / Economics / Re: Man generates his own electricity, still pays electricity taxes on: August 16, 2018, 05:47:58 AM
This is a news story about a man who installed 35 solar panels on his home.

http://www.anonews.co/man-still-has-to-pay-tax-for-energy-he-generates-himself/

This man pays electricity taxes on every watt of energy his house consumes, even though he is self sufficient & produces more energy than he consumes from the power grid.

Should he pay taxes for a service rendered by the state which he does not utilize?

Crypto taxes are a hot topic in this section. This news story could in the future apply to crypto mining. Imagine if someone bought enough solar panels to power their bitcoin mining operation. And the state charged them for every kilowatt hour of energy their bitcoin miners consume, even though their operation is fully powered independently outside of state generated or regulated electrical grids.

This news story reminds me of this case where uganda tried to tax its citizens for using social media websites like twitter and facebook:

https://bitcointalk.org/index.php?topic=4614685.0

What are peoples thoughts on this?

For every electricity bill, it's made up of two components which is the electricity bill itself, and the tax element. Depending on the tax law of the country, most times the value of the electricity taxes is dependent on the electricity bill as a huge user of megawatts is expected to pay more tax than a household user but in the case of this man whose electricity bill is Zero then the tax to be charged is zero. On the other hand, if the tax law over there would levy tax irrespective of the amount of megawatts you used, then its only the portion of tax he would be liable to pay.

The point is, for someone to be intelligent enough to generate his own electricity, then he should not be lazy to read the tax law and maybe require the service of an expert for adequate interpretation as government agencies sometimes in their quest to generate revenue apply the law in a blanket manner without considering the exceptions embedded in such law.
1126  Economy / Economics / Re: Do you use cryptocurrencies in your daily life? Are they useful? on: August 16, 2018, 05:37:59 AM
I don't know what other usefulness one can think of that can be more than being able to convert your crypto currency to whatever fiat you wish to. There are several ways I have used it aside just converting to fiat but I have been discouraged because of the premium attached to such services.

I have loaded my phone once when I saw the services promoted on the forum here and decide to try it out. Worked fine but I felt its cheaper converting to fiat then recharge my phone. Other areas is in buying of goods like clothes that I have seriously considered but looking at the value relative to my fiat equivalent, its on the high side. Gift cards are also potent areas for its use all across the world which thereafter its being used to buy anything on major sites.
1127  Economy / Gambling discussion / Re: Four reasons that cryptocurrencies will revolutionize the online casino industry on: August 15, 2018, 08:13:35 PM
You have raised some valid scenarios that are hard to ignore but most of the position you have maintained would only be possible if there is no human element involved in the process in that all of the processes are automated without human intervention but that is not the case as follows


Anonymity

When users play at a traditional fiat casino, they are required to provide the platform with a range of personal information. Moreover, they are expected to upload multiple documents such as a passport, proof of address and a copy of the payment method used to deposit.

On the contrary, online casinos that specialize purely in cryptocurrencies are not required to follow the same set of regulatory red-tape. In most cases the user is required to supply nothing but an email address, subsequently facilitating an anonymous gambling experience.
The bolded won't be there for long for one reason is the gambling world of crypto currency is everyday infiltrated by people who want to hide under the anonymity to perpetuate fraud because of this players would need protection and that would come as a result of ensuring the gambling sites have legit license to operate. In other to acquire such licenses, they would be forced to implement KYC rules and the users would be forced to settle with bad of two worse situations.


Speed

Although the deposit process at fiat casinos can be instantaneous when funding an account with a debit or credit card, it is the withdrawal procedure that really struggles. When a player makes a withdrawal request, it must first receive authorization from the platform's internal payments team. Moreover, if the player is yet to have their KYC documents verified, this can add additional time. Once the request is processed by the casino, the player must then wait until their respective card issuer settles the payment. All in - it can take up to a week before the player receives their winnings.

On the other hand, online casinos that specialize purely in cryptocurrencies are able to process withdrawals instantly. Ordinarily, the platform will process the request in an autonomous manner, subsequently allow the player to receive their winnings back in their personal wallet in just a few minutes.

Here, its not always the case every time and that is why there are always scam accusations of delayed withdrawals in a case of withdrawing huge amount after winning such. There is always a review of whether the funds was won the right way while some are locked for security reasons to ensure the platform is not used to launder crypto currency.


Trust

When playing software games such as blackjack, roulette or slot machines, there is no way to verify that the fiat casino is playing fair. As a result the player needs to trust that the odds on display are legitimate.

This is in stark contrast to a cryptocurrency casino that implements a provably fair protocol. Provably fair is supported by the art of cryptography - meaning that each and every gaming outcome can be guaranteed for its fairness. Moreover, this gameplay data cannot be pre-defined or manipulated by the casino.

This is where the issue is because gambling sites that claim to be provably fair are only believed to be so. No authority to actually ensure that this is what is really happening except once in a while that someone took it upon himself to use mathematical equations to test the provability that have been claimed.

1128  Other / Meta / Re: RED Trust...is it enough for fraudulent work ??? on: August 15, 2018, 04:18:41 PM
RED trust might not be enough but doing more is on the basis of the power available to the people with default trust ability and doing the right thing which I am sure if given more, they would surely try to reduce the amount of people engaged in fraudulent activities on the forum. The most important we need to focus on is the enlightenment of people not to fall for scams as some of those scams are really too cheap for someone who values money to see but as a newbie greedy to make tons of money within a short period of time, everything seems legit and the quickest way to achieve financial objectives.

More in my opinion needs to be done on accounts exchange as everyone that is on the forum, is dealt with on that basis. The moment that part can be sanitized, more of high ranked accounts would be nuked to carry out fraudulent activities while the newbie accounts would still be seen with much suspicions to be trusted with funds.
1129  Bitcoin / Bitcoin Discussion / Re: In Venezuela, Cryptocurrency Is an Oppressor and a Lifeline on: August 15, 2018, 03:14:52 PM
A host of practical challenges hinder widespread use of Bitcoin and other cryptocurrencies in Venezuela in lieu of paper currency. But over the past few years, many Venezuelans have embraced the decentralized, censorship-resistant technology as a means of transferring and storing money without being slapped with hefty international transaction fees. The distributed nature of blockchain makes it nearly impossible for governments to alter transaction data or control the network, as long as that network remains decentralized.

https://www.pcmag.com/feature/362486/in-venezuela-cryptocurrency-is-an-oppressor-and-a-lifeline/1

This particular issue is not limited to Venezuela alone but all across the world and that is the bane behind every society that have taken a negative stand against bitcoin expansion in their territory. The result of using bitcoin is more of a two sides of a coin where one party is losing, the other is winning just like this case, the people who engage in transactions are the one on the winning side while the government here is on the losing side as the portion of transaction fees that would go to them in form of taxes is now being eroded and we all know, government does not like to lose.

The only reasonable thing any government needs to do is to first identity that the movement cannot be stopped as no matter the ban rule, its not going to stop and the best approach is to find a way to tap into the system, design models, build policies and implement it that people would be free to use what they wanted and at the same time revenue lost from the bank sources can be generated from crypto service providers.
1130  Economy / Speculation / Re: BITCOIN DOMINANCE, HOW FAR WILL IT BE? on: August 15, 2018, 07:06:36 AM
This got me wondering, anytime there is a fall in market capitalization, we have an increasing bitcoin dominance, current sits at over 50 percent, what will happen if the ETF gets approved, are we going to have bitcoin draining the entire market,since the ETF is primarily a bitcoin thing at the moment, Is it going to be say 75 % bitcoin dominance for a market cap of 1 Trillion dollars? What do you think? Good or bad for the market?

Why are you wondering and perturbed about what you cannot do anything about. The dominance of bitcoin in nonnegotiable at this time and I don't see any alt coin coming to take the stage anytime soon. The reason as have it is because of the change bitcoin has bring into the crypto community. The issue of KYC is gradually sanitising things (although this has its disadvantage) which is attracting more confidence on an increasing level. For ETF, I won't put much confidence in it because you are sure its going turn out positive. If it does, then its an addition to achieving the full potential that bitcoin is set to do.

Maybe later in the future, we might get to see other coins taking the centre stage but for now, we need to do with what we have.
1131  Bitcoin / Bitcoin Discussion / Re: Reason Behind Bitcoin’s Price Crash Revealed on: August 15, 2018, 06:04:58 AM
Early investors in Bitcoin are faced with large capital gain taxes from the profit they made in 2017.

Read more here: https://smartereum.com/5636/the-real-reason-behind-bitcoins-price-crash-revealed-tue-aug-7/

Qoute from that link,way back 2014 IRS made an announcement that crypto's are defined as a property and not a currency.
So as such they are entitle to pay thier taxes as property owners.

Capital gains only arises when you sell and that should not be a problem for someone who wants to comply with tax laws and also there is the option of roll over whereby the money generated from the disposal of the asset that generated the initial capital gain is used to purchased another asset. The capital gain at the time is then rolled forward to the time when the new asset is eventually disposed off. So with this, several options are available based on my understanding of the dynamics of Capital Gains Tax which should not be too different across countries

1. If I kept my bitcoin in my wallet all through 2017 saw a significant increase but I didn't sell, I am not liable to pah CGT because I didn't make any gain.

2. If I sell in 2017 and kept my money, then CGT becomes payable.

3. If I sell in 2017 and I used the proceed to buy more bitcoin when the price crashed, then I will pay my CGT when I eventually sell.

In conclusion, its not about CGT as not everyone in bitcoin lives in one particular jurisdiction to have made such huge effect on price.
1132  Alternate cryptocurrencies / Altcoin Discussion / Re: 97% bitcoin gold crash should feel like a bad omen to you on: August 15, 2018, 05:43:34 AM
bitcoin gold crashed 97% it was once traded at 500 usd and now its just 17 usd,

this is the first bitcoin fork, out there and it is basically gone. when bitcoins forks collapse the next will be bitcoin, you guys then will stand like a sect in a ocean of cryptocurrencies

Based on your submission, you are concluding that because BTG is facing this, the next is surely going to be bitcoin. On a light note bitcoin gold is the second most valuable fork after bitcoin cash which means there is still enough time before it will get to bitcoin itself so chill.

Now, you need to consider how bitcoin came about and other forks with the exception of BCH which has done quite well in which we know its due to some prominent factors behind it, others are free money which a lot of people are willing to dump. The reason for its fall to that point now and not earlier is because holders are thinking that the price would increase to the high point like BCH and when the market start crashing, its gradually turning to a myth that's the reason for the dump. But the down turn now is surely not permanent.
1133  Other / Beginners & Help / Re: To HODL or not, this is the question on: August 14, 2018, 08:53:55 PM
We see alot of people holding on the the coins they invest in, either they are afraid to loose out on future gains, or waiting for a rainy day when they can cash out, does this not effect the market with so many coins not being traded, causing the fluctuated trade movements, with people mass selling when the market starts to fluctuate?

I don't see the reason why holding would have any negative effect on the market price for one, when people hold, its a way to control the market because for a popular coin, it means the demand would be more than the supply which would force the price to increase, the percentage that is being held is not always enough compared to the percentage in circulation to have distort the market.

However, it comes at it's own risk too because the coin you are holding with the mindset of increasing might end up being permanently worthless.

The market is so diluted at this time that anyone is free to pursue any interest he feels its most beneficial to him without stopping others from pursuing theirs. So, if holding is achieving your interest, its all good if otherwise, pursue something else.
1134  Other / Beginners & Help / Re: Please Suggest Do & don'ts For Newbie on: August 14, 2018, 05:05:01 PM
Hello Everybody
Sr. & Experienced Members are requested to suggest some "do and don'ts" for Newbie's so that They can Follow and Maintain the Platform Environment Healthy.

In addition to what @iasenko have posted for you to take as serious as like your stay depends on it. Another factor that you should not do is to commit plagiarism. For that, you don't get a warning, you don't get a periodic ban, its a permanent one without the option of appeal. One close to that is copying and pasting of posts. You might decide to go to post of 2014 by someone else because its relevant to what you want to put down, and just decide to lift and drop, that's automatic ban. The most important that you need to know is when you earn a ban, it's you as an individual and not the username.
1135  Other / Beginners & Help / Re: Canceled bounty thread? on: August 14, 2018, 04:02:18 PM
Uhm hi guys, i'm a newbie here and i have a question. Is it ok for someone here to cancel a bounty thread?

I'm referring to this one : https://bitcointalk.org/index.php?topic=4867416.0

I dont know what happened, but i guess i signed up on that one, then after few hours the thread was closed. Sorry im not expecting that much from it, but i just wanna know if its allowed so i can be more careful before signing up bounty threads.

It might be better as well if the op left at least the site of that website so i know which telegram group i should leave or unfollow. Im not even sure what i did, it might be account signup, twitter or telegram.

Thanks

Following the link, it has been deleted by a moderator but its not out of place that a bounty is locked or discontinued and its better for you because you have only signed up for hours and sensitive enough to check back and not until after one week when there is need for grading that you realise that you have practically worked for free.

Several factors can be responsible. I have seen a manager locked down a campaign because the signatures were copied from the author without proper acknowledgement. I have seen another locked because escrow could not be secured in due time because the owner were intentionally dragging doing the right thing which signifies something fishy. For bounty specifically, it would likely due to the change in strategy of the organizer.
1136  Economy / Scam Accusations / Re: BTCBlender is a Scam on: August 14, 2018, 12:55:38 PM
Its been 18+ hours and I still haven't received my coins. The output on blockchain shows as unspent and even mails are not been responded. The transaction page has a STATUS: Waiting for Deposit, even though the coins have reached them. There is no other way to contact them as they don't respond to emails. Now the only hope is after 24 hours I get my coin back which is highly unlikely as they might just disappear even the transaction page won't be available. If a blender which has such a good review can turn out to be scam, then there is no point using mixers its best to exchange your coins with altcoins. They provided me a transaction URl which had this address

16qj5T9wGnLuS7G3quYjUVbDjwKQD4qhtE

But after few hours, it changed to this --- >  12RSyQqpxkJdHmuQB6rEuxBeJKjz67j8LS  but the Transaction ID is same.

I have contacted their support, but no response yet. Now I don't know how to retrieve my funds. The url is not a fake one as I double checked them, and they had a good reviews. If a business with good review can turn out to be scam then there is no hope with any tumblers.

BTCBlender URL http://blndr4azr2dizj2c.onion

Reviews online are not the determining factor as to whether a business is going to scam or not because those reviews can be bought in other to lure unsuspecting victims into parting away with their funds. The place where I feel I can rely on online reviews is if its coming from the forum like this because of the uncensored review of different individuals and more importantly is if they have their thread on the forum as that is the only option for you to get a fast response since all communication have been exhausted.

Another angle to look at it is that its possible its due to technical glitch because visiting their ANN thread suggest that they have been delivering in their service although its being a while since update has happened which is why you might have to exercise some patience in giving them time to respond to your query as what could be doing you is the paranoia of your funds tied up somewhere. As an alternative, you can reach https://bitcointalk.org/index.php?action=profile;u=229601 although its being a while since he visited the forum.
1137  Economy / Scam Accusations / Re: Vegascasino.io OVER 8 BTC Balance WIPED. on: August 14, 2018, 08:53:14 AM
*update*
Vegascasino.io is refusing to pay /and or help me.
I told them I will settle for the original withdrawal request
6896.00 m฿
Was withdrawal from my account
My balance was 0
Few hours later they declined my withdrawal for random security check
Then also put the balance back in my account and made the balance playable.

those funds should have been HELD during the security review, NOT returned to the account.

If someone on here can help me or point me in the right direction

I can't imagine what you must have been going through considering the value of the amount hanging in that account. Coming to the forum would create awareness but I don't see how they can be made to right the wrong that have been done to you as I have not seen this site before nor its ANN thread on the forum that the community manager can be forced to make a statement on. I don't know what endeared you to them in the first place but there are several site to pick from and can be held accountable for their actions. From what I can gather, since they have returned the fund into your 'Playable account', I think the option for you is to make another withdrawal immediately and see what else they can claim is happening and don't forget to update the thread on new development concerning this.






1138  Economy / Gambling discussion / Re: Numbers speak louder then words! on: August 14, 2018, 05:53:28 AM
The most famous and wealthy sports picker I know of is "Vegas Dave" aka Dave Oancea. I follow him on social media. All of his content is him in cabo with tons of women in bikinis, driving expensive luxury cars, living what looks like an expensive and high profile lifestyle. At the upper end of the sports picker spectrum, there could actually be people bringing in decent income.

As far as mixed martial arts goes, many of the "pay for betting picks" gurus have poor reputations. I can't comment on baseball, football, tennis or any sports pickers. I think the industry is probably corrupt and dysfunctional to a degree.

I'm thinking of starting my own "sports picker" service at some point. There definitely wouldn't be the high volume in sports picks some are used to seeing. Lower volume could be correlated with greater accuracy in terms of someone selecting only those plays which appear valid. I have good results picking MMA fights sometimes, which could translate to something worth pursuing.

The bold part got me. To suggest that most of the lifestyle of pickers and tipsters are fake and not exactly what it looks like. All over the world, people are fond of leading a particular lifestyle in other to give an impression of what they are not. Most of those tipsters that people try to follow didn't even make their wealth from that source. Just like McAfee who was already an household name before crypto currency and now a lot of people follow his tip for him to keep maintaining his relevance.

10 plays for 500$

That's expensive af o.o

How do we even know the results are legit?

I actually find it hard to believe that someone would have such access to information to turn out huge amount of profit then decide to share or sell it knowing fully well that the more diluted the lesser his own profit and because he is allowed to be wrong, nothing spoils for him.
1139  Bitcoin / Press / Re: [2018-08-13] Vietnamese Stop Importing Bitcoin Mining Rigs as Import Ban Looms on: August 13, 2018, 04:02:31 PM
Vietnamese businesses and individuals have stopped importing Bitcoin mining equipment into the country since the beginning of July, according to the Ho Chi Minh City Customs Department. This follows the government’s efforts to pass a law banning the import of Bitcoin mining rigs into Vietnam.

Business and individuals in Vietnam used to import a large number of crypto mining rigs into the country. Last year, the Customs Department of Ho Chi Minh City (HCMC) cleared more than 7,000 Bitcoin and Litecoin miners. Meanwhile, the Customs Department of Hanoi imported 190 Bitcoin miners and 350 Litecoin miners, Vietnam Biz reported Wednesday.

See more for yourself, here.



Its simple where they are heading with this decisions of theirs because they have made their position known on the side they belong to as to whether to support crypto or not. I am actually not surprised that countries that are still grappling with development are quick to go the route of ban rather than looking for ways to harness the potential of the technology. It was reported in the article on how they felt the importation is too easy, whats wrong in issuing an executive order to ensure that some controls are put in place by without losing the revenue arising from import duties from such items.

Unfortunately, they won't be able to stop it. Command banks not to have anything to do with crypto and people would trade among themselves using the same banks as the machinery to aid such trades. The most victory for the entire crypto industry is that even if they ban it effectively, it will have little or no effect on price.
1140  Other / Beginners & Help / Re: LOSING money on signals? on: August 13, 2018, 02:50:44 PM
Is it possible for someone to lose money while following profitable alt coin signals if bitcoin goes down?

The reason why you will lose money when the price of bitcoin go down is because of the relationship between the price of bitcoin in the entire crypto currency market. Bitcoin occupies a significant percentage to the extent that, when there is an increase in the price of bitcoin, it is expected that other altcoins will have to follow the same pattern the same thing applies when there is a drop in price and because most alts cannot go be converted to fiat directly without going through btc.

What's best way to prevent it?

On avoiding it, you need to focus on alt coins that the price movement in relation to the prices of btc is not as sharp as others in that a general market increase might affect it but a downward does not necessarily means its going down or the effect would be fatal. Again, you need to do away with those signals and to do that, you need to ask yourself what is the gain of that individual giving the signal and what is the cost to those who will be ripped off which eventually might get to you.
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