I personally don't believe Dogecoin will become a market leader again. It has been pumped before, and as you can see in the graphs here https://coinmarketcap.com/currencies/dogecoin/ it went down again. It has been at this price before, and I believe it will go down just like all the previous pumps. I wish I had bought some a while ago, but there's no utility in buying it now. Yes, I think we all remember about Dogecoin trading above 100 satoshi for a month or so. But I do not think this enough to justify that the coin is dead like people have been insisting for so many years. Fiat wise, Doge is not only holding but climbing, steadily. And all this without development restarting. Imagine what Doge will look like if the devs finally got their act together. And if there is going to be a pump, which has happened every January, it has not happened yet! So, if you like short term gains with short term risk, I would say Doge is a smart buy now. Easily 100 satoshis again very soon.
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Ordinarily, one would say after reaching such a high at 1,000 dollars, Ethereum should run out of steam and stabilize before moving on to the next target of 2k. Then again, this is the wonderful world of crypto. In December, Ethereum doubled from around $450 to $900, so to double again in seven weeks to $2,000 does not sound like out of the ordinary. ETH is heavily in demand now too, and is still trying to scale with 2.0, so even the newcomers can see the growing potential for Eth. Maybe not in February, but this coin is still moving up for sure. And that is coming from me, not an Eth supporter!
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Well, no harm in taking part in a contest, with nothing to lose and a lot to gain. I am not certain if we can do more than 1 post, but I would suggest OP that one person allows only one coin, and must submit a brief explanation of why. Otherwise you get a lot of shills trying to spam this thread with some nonsense coin!
In that case, my pick is Elastic, XEL, which has suffered so much since I got in around August last year. A lot of people said it would be the year to break the 100k satoshi barrier, but as you can see it cannot even recover to 20k satoshi. So, XEL = 0.00100000 BTC by March, to take everyone by surprise.
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On paper, a lot of alts can reach BTC value. On strength of technology and potential, 90% of alts should reach Bitcoin price, and should challenge. But we live in a crazy world of crypto where value seems to be on the decision of speculators rather than "intrinsic value".
And as much as I used to be very disagreeable on Ethereum, nobody can deny that they fully deserve already making an ATH at $1,000 - and even if it failed to keep above it, this is already very significant achievements.
But will it reach Bitcoin value? Nobody knows, my personal feeling is it will never. But that is not a problem for ETH holders I am sure.
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I heard about a guy in Moscow, who jumped out of the window, because he lost all his money in crypto investments and trading. So, do we have a new free heroin here? Is it possible to get addicted to crypto?
Really, as bad as that? I think it is not an addiction to crypto that causes it but because of despair over the loss of all wealth. Seeing a promising crypto investment so people will think they can gain wealth by investing all their money without studying and considering the risks first. I agree that crypto is a good investment opportunity but I never once used my money for it. I prefer to find crypto with bounty, If i get it, sometimes I hold first, sometimes I sell immediately. This has everything to do with trading addiction, but little to do with crypto. If anyone reads history, especially in the US, they will see where the terms like Black Monday originates from. Previous stock crashes especially saw a lot of suicides. Basically these are traders who gamble on stocks, and then get caught up in the crash. I suppose the same can happen with crypto, but it is hard to believe anyone lost all his money in crypto trading. He must have invested in very bad, very poor cryptos that go bust.
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Best way to find out where to buy it is coinmarketcap. Just go there, enter the name of your currency/alt and click the Market tab. There may be other ways to buy an alt, but if the place is not listed on coinmarketcap, then I would advice to stay away, since this means there is very little volume or the exchange is not recognized well enough. Or, just go to the developer's chat or website, usually someone is happy to sell you some with escrow. Why not try mining these new coins also? They are usually quite easy with GPU in the beginning.
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Hah. I knew all that talk and rumor was just hot wind. We all need some Coinbase insiders to help us have insider trading yes? But then again, I would not trust 100% what Coinbase says. Remember when they first said, hey we are not giving Bitcoin Cash. And then they changed their minds and said okay we will give it to all users in 2018. And then they suddenly opened it for trading in 2017. And then apologized and said all sorts of things. Basically, they can say anything, and do anything. The two things do not have to match each other.
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ASIC proof is not possible with any alt. Eventually, someone somewhere, with the correct determinations and hard work, will always find a way to mine ASIC resistant coins a lot faster. The point of ASIC proof coins is that it is much much harder to develop ASICs for it.
You are absolutely correct about the transaction speed - BUT, the time to get 1 confirmation does matter. Because as soon as you get 1 confirmation, then you know the other 3 are coming quickly. It is the same difference I know, but I guess what is important is people sit around waiting for 1 confirmation. Security wise, yes, it is pointless to tout 1 sec confirmation if you need 1000 confirmations.
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I have been analyzing coinmarketcap.com and ICO statistics and found out that most coins averagely increase about 1000% within 3 years if they are still alive and trading. I am concluding Crypto currency can make us millionaire if we have patience and hold our penny tokens bought or acquired through bounties for about 3 to 4 years . What do you think of it , do you agree we can be millionaires with patience with crypto ?
Well, the very first thing you have to understand is that it is because those coins have average such high growth that they are on coinmarketcap. Coinmarketcap also is not very accurate! A lot of markets list a coin's starting price from the moment they begin trading or listing on exchanges, but they ignore the price of the tokens during ICO (yes, most of these coins were ICO coins). A LOT of ICO tokens cost people a lot of money, and the price that started on exchanges are much lower than what you needed to pay at ICO. Another thing, you may be looking at fiat value. Very hard to find coins that grew also in satoshi value. Coinmarketcap also does not list a lot of coins that failed. That is, abandoned, if you had them, no one would buy them from you even if the price is listed as such. So no, no such thing as guarantee rich.
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Elastic (XEL)
Oh wow haha. I have not seen anyone mention this gem for a very long time. I mean this half seriously, half sarcastically. Some months back, some supposedly very famous people talked about XEL, 100k satoshi minimum before 2017 end, high probability of 200k satoshi etc. They probably never saw Bitcoin breaking past $5,000 though! Anyway, I bought some, it still has not even recovered to half of the Bitcoin value I bought them at, but I actually think this is a very long term buy.
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Ye stellar will just follow ripple pump mostly because of speculators and because its a nice coin also
So the current prices are result of a pump? or of the news regarding the banks adopting XRP? Yes and no. They are both definitely due for a bit of a correction, but then again they could just rise up even more before correcting, and then today's price may be the good entry point months from now. The news on banking adoption has definitely fueled XRP's growth recently, although speculators probably do not realize that it is just banks adopting similar tech, not actually Ripple itself. Stellar has been steadily increasing their presence so people will say this current growth is a long time coming. A lot of holders too, since it was an airdrop.
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First of all, everything depends on the user's security skills on the Internet. Even a bunch of antivirus and firewalls will not help you steal your mail if you do not follow the basic rules. Go through suspicious links, always check the site address in the line to avoid phishing
Agree and disagree. Security and safety of funds starts with user practices and behaviors. Think about the very basic security features of cryptography in cryptocurrency. It is already so difficult (actually impossible today) to crack a private key. But the OP is talking about using a centralized exchange, where you have no control over private keys, no control over your funds. They can access your coins at any time, and run away with it at any time. You cannot control this. Whatever it is, your funds are NEVER safe if you do not control them.
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Whenever I see this kind of threads, it makes me wonder. If you can make that much profit in one day, why on earth would you want to advertise the strategy?
If you can make even 100% profit, which is a third of what you claim, all you need to do is pump yourself 10 days in a row, and you will turn 100 dollars into more than $100,000. Why not just do this, be rich, and you never need to waste time again advertising and managing pump groups?
The answer is, it is most likely a scam. Avoid.
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Yes, just check in the individual bounty threads and post your proper resume there with portfolio of your past work. No one will hire you looking at your ad/thread with no examples of past work. I believe there is very little market for a Malay community also, you can check local threads and see even Malay speakers are very few, so they do not even have their own section. But you can always try, what surprised me also is Chinese speakers board was cancelled. I guess Chinese people here all speak English, maybe the same with Malay.
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There are still many problems in crypto: - This year we had many HARD FORKS. - high transaction costs ($40,- btc) - transaction speed - realy decentralized? Who are the big players, who decides the hard forks.. - almost all crypto needs to be payed with btc - ICO’s - to much greedy and some good projects We arent there yet. But these problems wil be solved Maybe in 2018.. Hmm. I would say Hard Forks are not actually a problem in crypto, it is only an issue with Bitcoin because a lot of greedy devs want to launch their own Bitcoin-based alt for instant money. Otherwise, hard forking is necessary sometimes. If I am not mistaken Bitcoin did it once already many years back, and Ethereum did it to save their funds from hackers. In fact, all your problems mentioned are not problems, they are design characteristics. Even if Bitcoin had 1 user, he still has a 10 minute confirmation time. Centralization yes, that is a problem, but not for everyone. Ethereum and Iota and Ripple for example, all their users love the centralization of their coins.
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Here is something a bit different! I like the idea. In fact, I think if you reached out to some cities/towns that already have their own crypto coins, they would probably want to hitch on for some publicity at least. In UK there was a town, I forgot the name, it came out in Press section and in India Uttar Pradesh they wanted to use blockchain for land registry, so many examples of real life use already. I like the political body too.
Hope to see more updates from you guys.
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I should have known not to listen to my gut feeling about Ripple! I stayed away mostly because it was all about the banks and have been very wary about putting any investment on that sort of corporate cooperation. Then again, maybe that sort of formal strategy is good for profits? Ripple is really moving fast now, and one can only guess this is the work of the banks that have moved onto using it. Now, what do you think, will NEM and the Japanese similar connection also result in the same price movement?
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Hello, just looking back here to say I am still confirmed. I remembered about it last week, but then forgot and I thought I missed the deadline as it was supposed to be end of December? But good to see I did not miss anything.
You will include us in a private message when everything is ready to pay, right? I should be happy Bitcoin has recovered a little from the end of December. Hope to see all of you 21 players soon. I am very ready to win this competition!
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Remember when everyone talked up these same coins and maybe a few others last year? But if we look at the ones that made it big, and I do not simply mean only in price, it was the ones with the most solid and recognized development teams. Bitcoin, Ethereum, Litecoin (the winner in terms of price percentage actually). And they all took their time, years we are talking about. So do not worry, even if your coin does not make it big in 2018, if it has the right potentials in place, it eventually will.
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nope. I dont want eth reach 4000$. think about when you must pay more than 5$ for 1 transaction. Any too many platform base on it. If fee to high we will dont have a good platform for many user
Why would you not want any coin to reach any amount of price? $5 for 1 transaction at $4k is better than $1 fee for $400. Sure your fiat value goes up but your gas will more or less remain the same, and if it has a higher value, why not? Sounds just like the Bitcoin people complaining that Bitcoin is above $10k because they have to pay $50 in transaction fees. Try using any fiat method to transfer the same amount of money and see if it costs the same? See if it is as secure? See if it arrives as fast? Answer to all three: no, no, and no,,, You want zero fees, use, I do not know, ADK? Then see who will accept it.
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