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8141  Alternate cryptocurrencies / Altcoin Discussion / Re: "Beginner-friendly-coins"? on: February 18, 2018, 12:46:07 PM
I would put in $5 to 5 different altcoins, if possible all below 50 cents so you have at least 10 coins or tokens of each. Now it actually does not really matter in terms of units, since even small denominations have equal chance to grow but I am thinking here of the fees when you withdraw (for example $5 of bitcoin is 50,000 satoshi and most sites charge withdrawals of more than that).

Personally since the amount is so small, it does not matter and you want quick turnover. My picks would then definitely be Verge, Siacoin and Digibyte, and go for any top volume trading. You can aim for quick 10% on each and you will see that this hits within a month. Or aim for 30% or more and hold out for months. If you are lucky one might even x2 or x3.

If you just want to forget. Then go for Waves, Stratis. Wait for a year and you will be happy.
8142  Alternate cryptocurrencies / Altcoin Discussion / Re: Do you even read whitepaper bro? on: February 18, 2018, 11:50:23 AM
Let be real. How many of you guys actually read the whitepaper? I read whitepaper sometimes, but reading multiple of them can be a burden and a headache. Do you guys got any tips on getting through whitepaper a little faster. It killing a lot of time. Thank.

In my own experience, I never read even a single white papers in any ICOs and projects because I am too lazy on reading.
In fact, we can't spot good or bad or scam ICOs through reading their white papers and all the resources on the internet but instead I am checking straight to their Telegram Channels and other social media networks and communities.
For me in my personal view, reading white papers are such a waste of time.

In the real world, you would probably just be either really lucky to survive, or you would end up eventually losing all your money in a bad scam. But you know what? in the crypto and ICO world, you probably have a point. The channels where the devs and managers are the most active probably means that whatever it is, you know they are there for the community and will do something about the price of the token (since this is all anyone seems to be interested in, right?).

Whitepapers are becoming more meaningless as every day passes, which is sad.
8143  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How big can the whole market grow? on: February 17, 2018, 09:47:58 PM
The market will reach to zero in an year or two. That is the inside info which I have from the reliable sources.

Insider info from reliable sources, yes we should trust a bitcointalk account with no reputation. We should trust that a guy with reliable inside sources has such a junior account and is willing to boast about it to every one on this forum. And we should of course expect that there are big insiders able to exert control over a decentralized asset or assets. And yes, we all believe whales are going to crash the market because they are sick of making so much money.

Try again. And try better.
8144  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Hidden Gems on: February 17, 2018, 05:56:40 PM
It hasn't even started yet but as I did a translation of Myriads.io, I read about it.  This project seems interesting as it envolves AI computations done by the large public.  Their bounty was pro, their team looks solid and their idea is good.  Excellent green flags if you ask me. 

Secondly of course my sig: dether.io.  Sold out (too quickly).  General idea is bringing eth/fiat to the public using an app.  Since eth will be huge, this might get huge too.  Fiat to crypto is still a barrier for a lot of people.  This could help.


These two projects are really in an infant/ICO stage.  Nobody knows what will happen but you want to be part of such projects from the start, not when they're on major exchanges in a year or so.

But we have so so many AI projects, all of them seriously looking like each other, and none with an actual AI prediction that can share their results widely or for a long period. I have a feeling they might all be using some form of similar software and just creating their own ICO and token to profit from it. What I have seen work so far is Sharpe Capital, which works on crowd wisdom. They already distributed a lot of profit before their ICO ended. Of course, now everyone wants in and I think their 2nd distribution will be much less.

Impossible to tell what gems are hidden. So many look the same.
8145  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XVG] Verge - Speculation & Discussion on: February 17, 2018, 04:52:23 PM
Well I suppose that's true of any investment advice and/or strategy... Any Wall St. guy will tell you they're more interested in mass psychology than in fundamentals. Everything is manipulated through fake news etc. Look at the Dow recently, now there is a lawsuit saying they rigged the VIX volatility index to game the markets...

If he made public what his metrics were I would have more confidence in the magic spreadsheet. But more than anything, when McAfee partners with anyone it's usually time for a big pump - the guy has huge assets and a huge following. Unfortunately there is usually a dump soon after.

I'm in XVG for a 1-year+ run. Personally I think the utility of privacy coins will become more and more clear this year, as people are increasingly harassed by tax authorities, KYC, and crypto thieves and hackers. XVG, DASH, XMR, and maybe PIVX or ONION are the best choices IMHO, for various reasons. I'm not leaking my magic spreadsheet tho.


Which is why no one should ever lend more power to something like that. In any circumstance, it stops being a leak when everyone knows it is a leak, in my opinion. But yes, like you said, the big pump is usually true, and I can see XVG bouncing at over 20%, which strangely still does not take it to the levels of early February (when I finally bought some haha).

As I mentioned, I do believe in privacy coins but Monero is the only one that instils confidence in me. XVG is only a holding for a year, perhaps two, depending on how it performs. I do not see myself actually using it for anything other than trading!
8146  Economy / Speculation / Re: Do you think bitcoin has hit its peak? on: February 17, 2018, 10:55:29 AM
It's the peak on history but it's not the limitation. I personally would say that it will break even higher in the future.
You don't believe those folks who are saying that bitcoin will be more than $40,000 in the next few years?
And what's your say about McAfee's prediction that bitcoin will reach $1,000,000?

I always remember older Bitcoiners who told me that the dream was to reach the $1k++ peak that they waited for years to reach back. So when in January 2017, people saw Bitcoin just break $1000, that was a huge reason to celebrate, and so many others who already abandoned the idea said it would not last. We all know what happened after that.

Of course, I still believe Bitcoin price can go anywhere. It can go back down to 1k and it could definitely go for 20k again this year, or we may wait another two or three years.
8147  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: February 16, 2018, 08:21:25 PM
Monero is dead as we know it. Game theory suggests that when free money is available to users as a result of airdrops, it would be illogical for them not to claim it. Due to the losses in ring signature privacy as a result of this, who in their right might would be willing to conduct sensitive transactions with such an inherently flawed cryptocurrency?

Yeah, and there must a lot of people not in their right mind right now conducting all these sensitive transactions right now. Just going through this thread alone provides a lot of help, and at least you have helpful Monero people suggesting things for you. Try see if you get the same support with any of the fork coins of any coins. Game theory? You are not the first, and not the last. I do not claim all my fork coins, and maybe I am illogical, but hey. Surely more like me around.
8148  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Long vs. Short: Bitcoin and Alts on: February 16, 2018, 07:24:53 PM
My boring answer will always be the same answer serious people in crypto will tell you. Bitcoin and Bitcoin first for long term. In fact, most of my holdings are long term, but Bitcoin is still always 35% or more of overall portfolio, simply because I have the most faith in the only coin most countries recognize. Litecoin and Waves are samples of different types of crypto, one is a pure currency another for a platform. I also have Monero as the true anonymous coin with decent use and great development.
8149  Alternate cryptocurrencies / Altcoin Discussion / Re: Low prices, are you excited about the situation? on: February 16, 2018, 12:38:02 PM
It is a fantastic opportunity to buy buy buy.  Looking for coins right now with highs in December currently reduced by 80% with a relatively flat profile, bored people moving out - me moving in.  They will get back to their original value then move past it in 2 months and I will get an easy x5 then blasting past it.

sell everything you own, buy more crypto now before you miss the real start to the year.

Very bad advice. This is just what I did last year middle, I bought bought and bought. It was only half a year later that I managed to break even and then some, but I thought it was too risky to repeat. I most certainly upped my shares during this wonderful dip, but only in the coins I already owned (okay, except for Verge and Ripple, but together less than 3% of portfolio). I want to see Litecoin/Waves and Peercoin all break away,,, and then stay high waiting for Bitcoin to again rush ahead towards $15,000.
8150  Alternate cryptocurrencies / Altcoin Discussion / Re: With Chinese New Year at our door, will the price rise? on: February 16, 2018, 10:56:56 AM
Well, you just contradicted yourself. If it is true that Chinese Asians (a really big market) will be looking to liquidate crypto into fiat for spending then the market price increases we are seeing now does not make sense. I sort of agree on this part because I know for Chinese businesses, it is good feng shui to spend more on celebrating the new year. Do not spend enough and it will be like luck will desert them in business.

But I am wondering, if all these traditional Chinese business people are really that much into crypto? I think it is the other way round, that crypto wealthy are now only entering into business.
8151  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN] Bookie - The world’s first decentralized betting exchange on: February 16, 2018, 07:11:21 AM
Sounds like p2p all right, where there is no house, and players are betting against each other. I agree this is the best model and betfair is the one that successfully introduce it for many years with few issues. I would say this is safer in the sense there is no casino to trust, and if everything only relies on the coding. Of course, the exchange takes their commission/fee, in which case I am going to ask one question here: how much is the fee or commission you take?

If I was going to switch, there is only one reason: better odds,,, it is the only reason I change bookies and casinos. Better odds or lower edges.
8152  Alternate cryptocurrencies / Altcoin Discussion / Re: Why Altcoin decrease in this situation on: February 15, 2018, 09:30:23 AM
I am quite happy to see that Bitcoin looks to be moving back towards 10k again, but am a little curious to see that the alts I have been holding have not really followed suit, except for Litecoin. I remember being in profit when Bitcoin was around $9k (the second last time not this week) but now that it recovered again, the alts have forgotten to catch up. I wonder if this is another of that "Bitcoin up, alt down" phase that we are entering. If so, then I guess I have to look for more buying moments haha,,,
8153  Economy / Gambling / Re: BitcoinRush.io - Bitcoin Sportsbook, and Casino on: February 14, 2018, 04:47:54 PM
Ah OK, thanks for the clarification, friends. It is just that I have days I only bet on sports, for example just two bets yesterday of 2 mBTC total, but no comps. I only got comps on the dates I played BlackJack, and only for when I bet 1 or more. According to the statistics on the transactions.

It is no issue for me at all of course, I already like the odds for sportsbook and I believe there is no better BlackJack odds online, so I already am very happy.

And looking forward to the sports settings changed!

One question, will we be able to one day exchange coins inside the casino? That would be cool:)
8154  Alternate cryptocurrencies / Altcoin Discussion / Re: What were your most profitable coins/token ? on: February 14, 2018, 04:07:31 PM
For me it was (and still is) Litecoin, which I bought below $50 overall, and today are almost $200. I did not sell when they were more than $350, but no regrets, it is a coin I have always loved.

I have had a few small tokens that achieved even x10, but they were so small in amount that I maybe had at most $40 or $50 dollars overall? After exchanging them the fees were even a big sum.

Dogecoin was my biggest surprise, when they were worth more than 1 cent each, I suddenly had a nice amount, but all my Dogecoins were given to me.
8155  Economy / Gambling / Re: BitcoinRush.io - Bitcoin Sportsbook, and Casino (Superbowl Props and Squares) on: February 14, 2018, 01:01:17 PM
is it planned to organize the bookie a little bit more , like listing every league separated instead of keep scrolling looking for the event
your odds are really great and I'm sure if the bookie is more user friendly many will start betting there
also about MBI , is there any plan to add it for the site in the future or it will stay for dividends only ??

will the dividends include moneypot profits in the future ?? I bought some MBI after Theo taught me how to use waves exchange and planning to buy more in the future

I definitely agree. I am beginning to bet on Sports, especially soccer league but the page takes a really long time to load because everything is on 1 page. Maybe at least sort just by dates so we do not have to load everything. Sometimes I manage to load, and when I submit the bet, it becomes invalid (odds change I guess) so I have several attempts.

Also, I have noticed two things. One, is that only if you bet 1 mBTC on Casino, it goes to VIP program. I was betting a lot with less amounts, and it does not count. Second, Sports bets also do not go to VIP, correct? That is a shame. I betted a lot on blackjack and got greedy just to see my VIP score go up, and lost a lot. Now redepositing:)
8156  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XVG] Verge - Speculation & Discussion on: February 14, 2018, 07:01:54 AM
Poloniex is a failing exchange - they have too many shitcoins and their support is over-taxed. Bittrex is providing better volume and seems to be more reliable (for now)

Cross-posting from the ANN thread, McAfee partnered with this guy and he leaked his magic spreadsheet: https://twitter.com/noBScrypto

TLDR; XVG is in the top 5 buy recommendations

Magic spreadsheet leaked. If it was really magic, he would not have leaked it. I bet he wants it to leak so we can all buy in and make his prophecies come through. That is the real magic Wink

I am a Monero holder, but I also now bought a little bit of Verge,,, yes I could not ignore how much people are talking about it. Thought I got it at a nice dip but since prices kept going lower, I guess I will add a tiny bit more and see what happens by April. Stop loss at 25%, profit taking at 25%. Medium risk I guess.
8157  Economy / Economics / Re: How does bitcoin works with traditional banks to stabilise world economy? on: February 13, 2018, 06:45:47 PM
Many people talking about the conflict between banks and cryptocurrencies, although there are some banks adopt crypto but still the issue continue that there is a big negative effect of banks because of crypto business. There are also speculation about future banks of cryptocurrencies, but until now I didn't see any building of crypto banks. But the reason why crypto affects banks businesses, it is because of the value also, but it is not the total problem, because the people earn money from crypto are also transact business into banks, which the money deposited are gain from crypto business. So for me, there is no reason that banks has a big economic negative impact because of crypto, but instead banks are also benifited from cryptocurrency business.

The conflict is there, whether or not banks will seem to be friendly towards it. Those that seem to accept Bitcoin only recognize it as a currency, but do not recognize that they cannot control it. Look at all the banks dipping into crypto and blockchain. They are developing private blockchains, and centralized crypto, not even necessarily open source. Not decentralized, not public. All against the spirit of crypto. This is the internal conflict.

Like you said, I also do not see crypto banks happening even though several ICOs claim this. Reality is that, it cannot happen.
8158  Economy / Economics / Re: Where you see a Crash, I see a Fire Sale! on: February 13, 2018, 01:14:33 PM
Oh my gosh! Bitcoin is crashing! - Who has not heard that in the last few weeks?

Well, I am the "Glass is half-full" kinda guy. I see a Fire Sale of bitcoins, where they see a crash. Since December the price went down with almost 60% <Most people are dumping coins left, right and centre and everyone is running for the hills... The end of the world is coming!

Not me. ^smile^

I am like a kid in a Candy Store. If I had enough money, I would have bought all the sweets at the Fire Sale! ... not just that, I would have bought the shop, closed the doors and kept all the sweeties for myself.

Unfortunately, my funds are limited and I can only afford to buy the sweetest candy as my fiat income is paid weekly. <Yes, believe it or not, some of us still have to work to pay the bills> 

A lot of people said, "I missed the boat, because I did not buy early enough." Well NOW is your chance. Get it whilst it is still HOT!

DO NOT buy on credit! Buy responsibly, like I do. Pay those bills, skip a few Mc Donald hamburgers and buy some bitcoins!

                                                           !!!See you at $20,000!!!



That is great advice, and something I keep telling my friends (who do not listen usually). Do not borrow, do not put off bills, do not put off some secure future. But for sure, put off movie night, put off the McDonalds, put off the new DVD game that you will waste hours on anyway. Put that into crypto (of course with research). I was also very happy with these last few weeks. I bought cheap coins that I could not afford before. Yes, some of them are actually in the red now, but I am not worrying. I did not get the lowest dip but I got the dip.

Months from now, I will be glad. I am really hoping this continues for a long time more, so people also forget about crypto until it explodes again!
8159  Economy / Economics / Re: What is bitcoin backed by? on: February 13, 2018, 11:59:16 AM
People believe bitcoin is backed by nothing. I think that is not the truth. I believe bitcoin is actually backed by people themselves. It is backed by none other than just you. We all witnessed the price has been fluctuating by all those FUDs and bad news. The price changes by emotion and non logical facts. I believe you hold bitcoin no matter what happened and would happen, and believe it is backed by all of us, it would make a history.  Cool

But the reality is that Bitcoin is backed by nothing other than the value that peers, users, the network itself provides to people. I know people are really building up hype into the so called tokenized economy, with digital assets backed by physical tangible assets like precious metals and fiat, but this is the beauty of Bitcoin to me.

After all, so many currencies in the world are backed by nothing but promises. And you can see what happens that governments cannot always fulfil those promises. See Argentina, see Cyprus, and many other examples in recent past.
8160  Alternate cryptocurrencies / Speculation (Altcoins) / Re: People, why are you so scared? on: February 13, 2018, 09:41:29 AM
Fear comes from the unknown. Ask all the newcomers and people who bought in because their friends asked them to, or their Twitter idol said it was a good buy. They all bought without knowing the risks, without knowing the project. So if you do not have  the right knowledge, then you can be sure when things go sideways, they will be afraid. Know the things you get into well, understand every decision you make, and you know what you get yourself into and feel safer.
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