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10401  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Finished shopping-please rate my porfolio on: February 01, 2018, 07:45:41 PM
Yikes, look at today's dip affecting all the coins in your list (well my data is from looking several hours ago but anyway). But regardless, yeah I don't think you'll go wrong very much with your timeframe. I would suggest 6 months to be the minimum period instead, although you can set profit targets that could hit sooner, if you don't plan on becoming a holder. I'm very tempted by the double digit slumps for a lot of the alts on Bittrex (I can only see ZCASH in green, strangely enough).
10402  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Understanding corrections and why not to panic. on: February 01, 2018, 07:13:40 PM
Generally, I think speculation both ways are only natural, but I think I really was surprised by just how many people are rushing to call this bloodbath and crashes. Then I remember that there are just so many newcomers in the last six months that this is really their first experience of a correction lasting weeks. So we can forgive their panic. What's annoying is the new accounts saying "I told you so". I suppose there'll also be new accounts later this year saying "I called the 2xk high!".
10403  Alternate cryptocurrencies / Altcoin Discussion / Re: Are altcoins from bitcoin? on: February 01, 2018, 01:38:52 PM
The value comes from demand, if there is a huge demand for a coin and since most of these coins are not minable with fixed token supply, so as the demand for this coin increases the price also increases

In the real world, maybe, and for Bitcoin, surely. But when you see a lot of alt coins with a handful of early users, and thin order books with sell and buy orders simply not filling up, don't you think: there's no demand here. Yet that's still the price.

Just because something is scarce, doesn't mean it's in demand. Look at people who buy rare collectibles. Yes, there is a demand, but to me that doesn't really say anything if only a handful of people are willing to buy (and not for using even).
10404  Economy / Gambling / Re: BITDICE - 🎲🎲🎲 TRANSFORMATION HAS BEGUN! CSNO TOKENS ADDED! 🎰🎰🎰 on: February 01, 2018, 12:24:50 PM
Ok guys, yes, valid question and let's just wait for the reply as to whether or not dividends will be distributed to CSNO holders who keep a balance in the BitDice wallet. Quoting the long threads is probably confusing everyone. My guess is: it isn't as simple to do this as CSNO balances within accounts are not something you can snapshot on the blockchain, but I guess we'll figure it out when Alex does.

P.S. Who else likes the new front-end graphics? Graphics aren't really what pulls me but as long as they don't take forever to load, I'm okay.
10405  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethreum the new king of crypto? on: February 01, 2018, 08:23:32 AM
Look, credit is due to Ethereum for weathering its problems of 2016 and then for finally breaking $1k and staying above it from the end of 2017 until now. It looks very commanding to stay at this price even if Bitcoin is struggling to maintain past $10k. But I really dislike it when people talk about dethroning Bitcoin or being king of crypto. There are a few coins that can be seen as royalty, but if anyone seriously looks at what's happening... development wise you had ETH 2.0 just switch things around, but Bitcoin moves on and on with Segwit and now Lightning Network. Bitcoin is going to blow everything away, just like it has been doing all this time.
10406  Alternate cryptocurrencies / Altcoin Discussion / Re: The trillion dollar question: What w'd be the impact of Facebook ban on ICO Ads? on: January 31, 2018, 01:42:35 PM
This forum recently banned ICO ads. I'm pretty certain that has a far bigger impact than facebook does, and anyway Facebook users by and large still don't really go for crypto (they're the Palm Beach Confidential types anyway).

All the better in my opinion. The sooner we see less of these ICO flash in the pans spam our internet space, the better. The blockchain development scene is stagnating with all these impossible ICOs siphoning off millions of dollars in funds for developing nothing but hype and solutions we never knew we needed.
10407  Alternate cryptocurrencies / Altcoin Discussion / Re: Have you invested to certain altcoins and lost all your money? Read everything! on: January 31, 2018, 01:18:40 PM
I'm not sure a lot of people have experienced this, to be honest. I don't invest in many alts at all. A handful of ICOs last year, and a a string of alts I bought. In general, even for the few that I've lost a lot of value in, they haven't dropped to zero (Elastic is my brilliant example, I bought in at 20+k satoshi!) and I still have very strong hopes for them.

Come back in a couple of years though and you might see a few that have died. Not necessarily zero, but super thin volumes that nobody ever buys anymore.
10408  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple XRP is a complete fraud GET OUT! on: January 31, 2018, 08:45:08 AM

from an article on xrp-
But not all the transactions that banks make on the Ripple platform have to use the XRP tokens, as was pointed out by The New York Times. Instead, banks could use dollars, euros, or another local currency on the Ripple platform, circumventing the alt-coin.

This cuts into what some buyers of XRP hope: that it can become a “bridge currency” used by financial institutions to make payments across borders.

In other words, as investors come to realize that Ripple the company does not need XRP the token to soar in price to be successful, investors may further cool to XRP.

That's almost the same as Ethereum, to be honest, with the exception that even if you circumvent using Eth to transfer tokens, you still need to pay miners gas (or spend ether) to spend all those ERC20 tokens. Yes, it creates a small micro economy where Ether is being used, but as all of this goes to miners, you might argue that the same net effect can be observed. But hey, it still increases Eth's value. They have to develop and improve the platform. And if XRP does the same, the token itself will experience the same slower rise.
10409  Alternate cryptocurrencies / Altcoin Discussion / Re: Down down we go. on: January 31, 2018, 06:55:54 AM
It has hardly ever happened that (in fiat) alts go significantly up when btc goes down.  When btc goes down, so does the rest...But I wouldn't worry too much.  Lightning network is coming and there will be a bull market.  + Eth doesn't seem to get affected much which is a good sign.  Tokens and newer alts seem to get the hardest beatings but that is to be expected.  A lot of them went way too high in the first place.  Place some buy orders a bit below of what we're seeing today.  It are in fact great daytrade times...

It has happened, not as rarely as you seem to suggest, but if an alt is reputable and at least useful beyond the normal "low fee, fast transaction" argument, they will always have their own individual price growths, that don't depend on how Bitcoin is performing. BUT, once that growth (or decline) has happened, then its "stable" price will always move around the same pattern as Bitcoin's. This is only natural, just look at any chart when there isn't anything special going on with alts. They mirror BTC.

You're right. Lighting will kick in and everyone will forget they ever doubted.
10410  Economy / Speculation / Re: BTC broke bottom of triangle. Deep crash ahead. on: January 30, 2018, 09:18:40 PM
Yesterday we closed well under the 100 day average.
Today we move even further away from it while breaking through the bottom of the triangle.

We've broken major support and nothing is stopping a deep fall.

Also notice how mainly BTC is falling and altcoins remain stable or even raise significantly.

Billions of BTC capital is flowing into blockchain 3.0 technology and people here still believe BTC's blockchain 0.1 Beta tech has a future... lol

Down we go guys,  you've been warned.

Second time I've seen this 100-day range being used, so you're also thinking of the 200-day range to be broken next? (100 day has historically already been broken, but never the 200-day yet).

I don't know your charts, alts seem falling at the same rate as BTC in my books. Just as they have since December. I'll add your warning to my growing list of warnings.
10411  Economy / Speculation / Re: Why is bitcoin going down today? on: January 30, 2018, 07:06:57 PM
I think it's just several factors:

* The realization that BTC doesn't scale well and might not be suitable as payment system
* Governments cracking down on BTC
* Big banks in the last few days again declared BTC to be worthless (Goldman Sachs + Deutsche bank)
* Fear of tether manipulation which might crash the market big time if it turns out to be true

Yes, if you're dealing with a well-known conventional asset/commodity. No for Bitcoin. Bitcoin has had all these exact same percentages and trends for years, without any of those points ever becoming important in its history. Think about it. All your points actually happened DURING the Bitcoin boom from 1k to 20k. All of that happened last year, not this year.

1. Scaling, big issue since 2016.
2. Government crackdown. At least since 2013.
3. Big banks putting Bitcoin down. Wow. Since 2011.
4. Tether. Again, old news, big since 2016 and last year.
10412  Economy / Speculation / Re: Do you think that Bitcoin's price will still drop nearly below $9000? on: January 30, 2018, 06:08:53 PM
This is not about what I think the prices will go either increase or decreases as bitcoin is one of the most unpredictable investment in our generation or for a lifetime. It is dependent on so many factors that’s why we can’t have definite answer if asked about the reason of this pricing. I don’t want to reach 9000$ but if the majority (demand) of investors now is hesitant to go all out then, let the market decide for it.

Exactly! Whether or not it touches any specific figure beyond the range it already HAS, Bitcoin will continue to be volatile and unpredictable - for many years. How can it stabilize when newcomers with their new money are still entering, and will do so for many years? I don't mind it reaching 9k, or even 5k, because I believe all this movement is just part of its trend, but I believe in a price in 2020 and beyond. Will that be 10k or 20k, I can't say. I have hopes, but I can only wait for the reality to arrive.
10413  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Cardano knocks off BTC's Crown on: January 29, 2018, 02:07:03 PM
If you're going to make a long term investment on this or any other coin, for that matter, you'd probably be better off making decisions on your own. Most responses you'd get here are self motivated, including mine I admit.

One thing to note: if any alt sets off with the mission to "dethrone" Bitcoin, they should work first on adoption and utility. Not price, not tech, not even fast confirmations or zero fees. Almost all alts are supposedly superior to Bitcoin's tech, but that's not the only thing or even the main thing that will make people switch.

So far, no alt can match the Bitcoin community's support. Got a problem with tx? Ask and knowledgeable people help. Developers at BTC are also the very best. You get a secure, tested, solid and mature coin with Bitcoin. Got a problem with an alt tx? wallet? Try see how many people help, and how many give useful advice.
10414  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How to make money from staking? on: January 29, 2018, 12:19:22 PM
Careful when you ask questions like these. You're going to get a lot of crap suggestions, so check out coins with PoS (proof-of-stake) algorithms on your own before making any decisions.

By the way you don't precisely make money from staking. Staking is just a different form of securing the network (or mining if you will) - so you generate more coins from staking your own, without needing expensive hardware to do so. So you make more coins, not necessarily more money. PoS has their own problems, but for now works because it lets everyone do it.

Seems you have good experience with staking. I purchased around 10 bitcoins in 2013 when the price was appr. $100/btc. So i missed the opportunity to make extra money from staking?

i'm confusing about pos? it's proof of stakes or point of server where we offer our machine to miners?

Not really. I did experiment with a LOT of staking coins using a service called PosWallet. I had maybe 50 different coins staking all together (you give them your coins to stake and they keep a percentage of it), I couldn't possibly open 50 different wallets to stake. Either my computer would crash or each wallet would take too much time to maintain and sync.

Bitcoin is a proof-of-work (PoW) coin so you need hardware to mine (secure the network). Just look up PoS coins, these are the ones you could stake. Again, not necessarily earn money. Staking just generates more coins. If those coins keep decreasing in value, then you don't make any money!
10415  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH will go back to $1 this year here is why.. on: January 29, 2018, 08:42:28 AM
As much as I agree with your closing points, your comparison to stocks of companies can't be used here. Ethereum isn't a company, it's a platform for enterprises - and already has made a lot of cases for real use applications. $1 is of course plausible in crypto, but to have it happen this year when Ethereum 2.0 is not complete is utter nonsense. Post from your real account, okay?

Oh and this is from someone who actually doesn't believe in ETH (me).
10416  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How to make money from staking? on: January 29, 2018, 06:54:02 AM
Careful when you ask questions like these. You're going to get a lot of crap suggestions, so check out coins with PoS (proof-of-stake) algorithms on your own before making any decisions.

By the way you don't precisely make money from staking. Staking is just a different form of securing the network (or mining if you will) - so you generate more coins from staking your own, without needing expensive hardware to do so. So you make more coins, not necessarily more money. PoS has their own problems, but for now works because it lets everyone do it.
10417  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Lamden, the most undervalued enterprise blockchain out there on: January 28, 2018, 03:06:47 PM
Atomic swapping would certainly drive a lot of adoption, but I've a feeling that this will first be achieved by Bitcoin itself (yep, surprise, surprise, Segwit, LN and then atomic swaps) so anything else that "attempts" it will have initial success but won't catch up with Bitcoin users' momentum. Python seems to be a surprise language to build from too, but they might have an idea there with already hundreds of thousands of Python-capable developers ready to plug into such a platform.
10418  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Waves Coin on: January 28, 2018, 12:04:12 PM
I'm probably going to get rid of my Waves as well somewhere during the summer. Depending on the development. If it starts moving then great, I might keep it (or if there are great news just around the corner), but if nothing happens then I might dump and go for something more interesting.
I am very close to ditching my Waves for COSS, but I just want to wait a liiiitle bit and see how things work out. However I'm afraid that if I wait I might miss the incoming train on COSS, even though I do hold quite a lot of COSS tokens.

FOMO Roll Eyes
Waves isn't a pump and dump coin and was founded less than two years ago. Patience will pay off.
Cya on the 28.01.2019. Wink

Good to see someone say this. If anyone treats Waves like a pump and dump, then they are in for disappointment. Waves has climbed steadily, always seeming to fall below 100k sats but holding well in US dollar terms. Don't know what people want, vaporware with developments only being exchange listing, coin burning and all that? Or something like Waves which is a serious platform with actual technological advancements? If you want good projects, then patience is key.
10419  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Cindicator (CND) 100x coin on: January 28, 2018, 10:28:44 AM
Finally decided to click on a thread that said Cindicator, and then when someone said Palm Beach Group I just lost all my appetite, haha. I can't believe I still remember the name Teeka Tiwari (or however it's spelled). But then PBG keeps spamming me so I guess their tactic works.

All the same, the chart made me sit up cause had no idea Gnosis had grown so much. Working product, does that mean there is a place to show performance by all traders using it? Can someone point me a link?

10420  Alternate cryptocurrencies / Altcoin Discussion / Re: CEFS - CryptopiaFeeShares - Do the math on: January 27, 2018, 07:45:43 PM
I see some talk now about a different kind of speculating, buying tokens like this to get bargains when they're being dumped after people collect dividends, and then selling them just before the next dividend round. Apparently as more tokens like this come out, it seems to be making a lot of money for speculators. Seems too much trouble for me, though, but I suppose if you had a lot of money you could turn out pretty solid profits. Or you could just end up getting trapped if you're not experienced.
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