It makes no sense to hold assets that are likely to fall in value. Now a lot of altcoins n exchanges and now it's more like a dump. Almost all coins have no purpose
How can you say they have no purpose? Everything has a purpose even if it is just speculation, people love to gamble. Billions are spent at casinos each year but at least you have a real chance of making money with altcoins unlike playing slots or dice. |
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Scam ico, I guess, is everywhere in any form of business here in crypto world. In fact, it became rampant during 2018.
That's why year 2018 was the worst time for the ICO campaign where most of them are scammers. Even up to now, in
seeking bounties, it is still difficult to determine the legit one. So as a bounty hunters, we need to be careful and wise in choosing before joining in.
A lot of good coins launched in 2018 its just that they got drowned out by all the garbage ones 2019 is shaping up to be a much better year, hopefully we will see a repeat of that magical 20k bitcoin run. |
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Current market is decent, a lot of sideways action before the bull really picks up again. I'm using this time to accumulate more coins on the cheap, especially some of these altcoins that are still down over 90 percent.
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Sometimes stupid money can actually make you money. What I mean is sometimes you just get so insanely lucky even thought it wasn't really a smart business move. I've had friends that have bought "deadcoins" only to watch them go 100x within a few days.
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Electrum has been a minefield lately with all of those fake updates. I've moved on to other wallets at this point, Electrum devs like Thomas are good guys but a vulnerability that big just isn't acceptable in my book.
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That is why bitcoin operate on the economic law of demands and supply, the more the demands for bitcoin rise the higher the price will go, bitcoin is a deflating commodity it can never be scarce but the price can increase to any amount as long as the demands for the currency keep rising.
Demand is the key. No question about it. However, bitcoin is designed to be 'scarce'. Halving, 10-min rule, steady increasing of difficulty etc. are the indicators of it. The issue at hand is will bitcoin be too scare? Inflation will drop to near zero percent and mirns will have little incentive to keep on mining, I dont think transaction fees will be enough. |
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Quantum computation is irrelevent to the common internet of things we all use, they work on different metrics...
115792089237316195423570985008687907853269984665640564039457584007913129639936 to 1 is quantums challenge and thats per private key, and per to the X degree of years it would mathematically take for 1 correct vector of a single private key... and all of this is done on hypothetical qubit math and integrated towards an incompatible SHA-256 metric...
.:.fear is learning untried.:.
Quantum computing may never come to be a reality, its still just an unproven theory. Bitcoin can't be cracked, it is impossible for any address to be brute forced unless there was a flaw in the key generation. |
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People still call bitcoin a scam, I see it all on youtube and the rest of the inernet. You can never really be sure that something is a scam unless it is absolutely blatant.
I will never stop buying altcoins because they are the most exciting investment.
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IEOs can be a great way to make money but you have to be really fast with your buy offers. The number one thing is to get in early and don't be afraid to sell after the first pump. I've already tripled my initial investment in the last IEO I bought.
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My favorite thing to di is buy proof of stake coins because you make a decent amount of change with very little effort. Recently I invested in this coin called rebl that recently did their token swap. Its a real community project with lots of developers, thats why I'm excited about it.
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Guys I have one idea running in my mind. There are hundreds of coins in the market and much more are waiting for hitting the market. Some of them are have much potentiality to dominate the market and stay, but many of them cannot compete and disappear or die young age.
So in such case facing the market, what about merger? If a good coin is ready to merge with another one, are not these problems resolved? And there will be a win-to-win situation?
Currently, more and more examples of the separation of coins (fork). I think in connection with the merger, there can be great difficulties. How do you imagine for example the merger of DASH and MONERO? And why should they need it? Another thing is when projects that are at the very start are merged. It is precisely from such a merger that there can be win - win. A lot of these merged coins are complete scams. like calling something ebitcoin and saying its bitcoin on an the ethereum network. I'm not a buyer of forks and I wan't fall for any of this nonsense. |
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Binance has proven to its community that it cares a lot about its members and that it might do the impossible to make peoples happy about it.. It's becoming too scary as you mentioned but in a good way. It's gathering alot of investors and its trying to fly to the moon even without a bull run. That's incredible and scary tbh.
Their main goal is money, don't be fooled. I have moved over to smaller exchanges that actually care about their customers. I don't really trust this CZ guy and his crazy twitter posts, he seems mentally unstable. |
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Its better to learn a skill that you can offer for btc.
Learn things like:
-graphic design
-programming
-website development
-content writing
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There is nothing I can do to cover losses. I will only hold until I get a profit. I know it must take a long time, maybe it could be more than one year but it's fine than I have to lose if I sell now.
That is a sunk cost fallacy, not everything will recover in price. Sometimes you need to know when to just walk away from your investment and dump it. I've seen too many tech startup companies crash to zero. |
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I'm glad to see most of these ICOs get banned so they can make room for IEOs. I'm not saying every ICO was a scam but most of those ideas just didn't make business sense to be on a blockchain.
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Bounties all the way as you can keep your tokens even if the value is low at the moment. With trading there are external factors besides your skill of trading, it requieres a lot of time and certain key hours in order to catch some good trading waves when we all know that is full of trading bots on every exchange.
Trading is all about who you know, those pump groups are very powerful and if you get in early you will be sitting pretty like Scrooge Mcduck. Bounties aren't really worth the effort, online work doesn't pay much so your better off working a normal job. |
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do you think XRP can reach to 3$ again?  it has been stable at ~0.35$ for a long time. No, the hype is completely gone, it has more of a chance to go to 3 cents again. If you want to make real money stick your funds into btc and eth, those are the chips of the cryptocurrency markets. |
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as i have speculated at the time of certain forks, they have influenced the market and price of bitcoin in some certain cases but they were never a significant force to be considered affecting the final result. so generally speaking i have to say no, without these forkcoins price would have taken pretty much the same route that it took in the past couple of years.
however in certain cases like the BSV fork which was a severe attack against bitcoin, the price fell below $6k because of that fork so if it never existed price might not have fallen and not falling meant accumulation phase would have ended sooner and rise started sooner too. and as a result the current price would have been higher.
I'm gonna go and disagree with you, I believe the anticipation of the bitcoin cash fork caused the bitcoin price to rise substantially. People are forgetting how hyped bch was and it ended up rising over 3000. the bsv hash war was a complete shit show though and that absolutely tanked the price of btc. |
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I currently live with a cat named neep, what happens when I leave my fortune to my cat? I think Crypto should not be moved as an inheritance type because the market is always volatile, there are too many risks. So sell 7/10 of your assets into paper money to make sure that everything will be useful even if the worst happens.
Thats funny, I often see those crazy news stories about wealthy people leaving all their money to pets. Part of me respects how much they truly love their animals, but its kind of disturbing that they wouldn't find another human to connect with instead. |
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Any suggestion for things that we could invest and make money at the same time
Currently all exchanges have set up a Margin portfolio, and it is attracting a lot of investors to join. But this model has a lot of risks but the profit that it brings a lot. You can trade and participate in the margin to analyze the market at night with many good decisions in a short period to support margin. Margin is a big venture capital so if you don't accept the risk, give it up. IDK man, I would be vary wary of margin trading. Especially for newbies, they can get absolutely destroyed. I tired my hand with 10x leverage and ended up getting liquidated quickly, now push that up to 100x and you are in a world of trouble. |
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