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Showing 20 of 491 results by Astrilian
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Board Altcoin Discussion
Re: whats your plans for the year 2018
by
Astrilian
on 02/09/2018, 16:21:22 UTC
Stop building someone's dream and start building your dream. Quit your job and do what you are truly passionate about...it might be doing full time crypto, it might be something else, just go for it!
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Board Altcoin Discussion
Re: encourage others to crypto
by
Astrilian
on 02/09/2018, 16:18:10 UTC
I have Identified individual and businesses that can benefit immensely from bitcoin and technology that support cryptocurrency! The remittance industry and tourism industry including student will be better of using bitcoin and other altcoin!

Plenty of businesses can benefit from crypto indeed, it starts with retailers accepting crypto, they suddenly have a new group of customers who want to pay only with crypto. Hopefully Pundix will be successful and lead the way!
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Board Altcoin Discussion
Re: Most alts are worth Zero
by
Astrilian
on 02/09/2018, 16:12:15 UTC
The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

There are really lots of coins that has no value some of the developers tends to be scammer after the prmotions and received the investments they cannot be found but there are coins as well that has a strong development and determination to be high valued coin.

Same opinion here,  you should not condemn all alts only because a lot of people abuse erc-20 token creation to just scam people. There are plenty of real projects and some of them might turn put to be more disruptive than bitcoin itself.
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Board Altcoin Discussion
Re: 80% of ICOs are Scams
by
Astrilian
on 02/09/2018, 16:08:20 UTC
80% Scam? I think only 50% of scams and 40% failed this year. only a few ico projects are successful and have value on the exchange.

I also see it this way, you have to make a distinction between projects that are performing miserably and projects that never intended to do anything else than to raise funds.
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Board Altcoin Discussion
Re: Do You Think ICO investors are Decreasing?
by
Astrilian
on 02/09/2018, 16:05:36 UTC
The main reason of ICO investors are decreasing is due to lot of ICO are scam and even if the ICO is gone good they are taking lot of time to release the coin and list in the exchange. That is why it is better to buy in the market when the ICO coin is listed.

At the moment i also believe that these are the main reasons why there are fewer and fewer investors in ICOs. All the scam ICOs have almost destroyed the market and driven away many investors. In addition, many ICO projects have their token prices crash after the ICO and do not offer any purchase support for their own token. Investors also know this and prefer to buy their tokens after an ICO if they are cheaper. Therefore i do not think that we will see many ICOs for a long time to come.  Sad

You put together a strong argument that sounds very logically. Yet the numbers point toward a different reality, the amount of ICO investors or capital that is invested is actually increasing. I agree that this makes no sense at all. Still, this is the data.
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Board Altcoin Discussion
Re: Can you wait?
by
Astrilian
on 02/09/2018, 14:04:07 UTC
In my opinion we can fully trust the return of Bitcoin and the crypto market. We can wait two more months for Bitcoin to return to $ 20,000.

2 more months would be in November, that matches also with the timeline of my model based on data. What makes you confident about it, just gut feeling or more?
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Board Altcoin Discussion
Re: Why people try to create their own coins?
by
Astrilian
on 02/09/2018, 13:58:43 UTC
Answer is pretty easy for this question mate, 99% of those who create a new coins just want to raise easy money, however 1% of people are really interested in crypto technolgy and want to cuntinue dvelop and support own coin or token.

You really believe that 99% of projects have no intention to develop something and just created the coin to raise money? How did you get to that number and that conclusion?
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Board Altcoin Discussion
Re: Long-term investment.
by
Astrilian
on 02/09/2018, 13:54:25 UTC
Long term investment during bear phase i.e. when the prices are touching the earth is best decision.  The prices are at it's very low.  This is the best time to buy.  But only for long term.
The people who will buy presently and hold for a couple of months or one or two years will earn a lot.
We all say very reasonable things. However, every time we start doing something, we make the same mistakes. Sometimes we do not have the patience, sometimes we succumb to a herd instinct.

I agree, even good traders or investors make these mistakes from time to time. Mostly when something really gets through to them and they loose their coolness...and make decisios influenced by emotions or instincts.
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Board Bitcoin Discussion
Re: US SEC Delays Decision on Direxion Bitcoin ETF Until September
by
Astrilian
on 02/09/2018, 13:48:46 UTC
The SEC is simply manipulating the market with all this drama and hoopla.  Them and their boys are piling in right now.  Once their bags are full (hopefully in September) they all blast off.  You know it's going to happen.  Just need the right coins. 

I have not read theory before and yes it sounds outlandish first but giving it a second thought, it's a possibility we can not completely rule out and it would explain a few things too!
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Topic
Board Speculation (Altcoins)
Re: How to predict the start of a new Bull Market using a data driven model
by
Astrilian
on 02/09/2018, 13:42:34 UTC
History doesn't repeat itself. We could even see bitcoin testing new lows before going up again but your model can help people to gauge how close the market is bottoming. Another way to gauge market bottom is when the crypto market is boring and many people have already cut their losses.
indeed history does not repeat itself, but history will not change and from that we can learn and analyze to conclude what happens in the future.

History might indeed not repeat itself one by one, but it does rhyme, according to leading economists. In fact many financial experts like Peter Schiff made mistakes predicting the future (stock market collapse) by examining past events and taking them into context. If we get a stock market crash this year, then his methodology was right, he was just a off with the timeline.

All in all I think it's better to rely on data than on endless speculation that is rooted primary in our minds.
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Topic
Board Speculation (Altcoins)
Re: How to predict the start of a new Bull Market using a data driven model
by
Astrilian
on 02/09/2018, 09:14:00 UTC
History doesn't repeat itself. We could even see bitcoin testing new lows before going up again but your model can help people to gauge how close the market is bottoming. Another way to gauge market bottom is when the crypto market is boring and many people have already cut their losses.

Isn't that the case already now? At my almost workplace everyone talked about crypto 6 months ago, then it was quietening down and now people moved on and rarely talk. Also the volume is low and google trends show record low search requests for all block chain related terms. If this is not the bottom than I don't what else needs to happen.
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Board Altcoin Discussion
Re: Alt coins worth buying
by
Astrilian
on 02/09/2018, 09:07:41 UTC
One can always go with Ethereum, but should never go with one single coin only Other altcoins worth buying now are NEO and Litecoin. Cardano is very promising, too.

Agree. It's best to diversify your investment into other popular altcoins just to be safe. As such, Ethereum should be on the top of your list of altcoins to buy. However, Ethereum is not the only altcoin that would succeed as there are other competitors like Cardano, NEO, and EOS which are strong too. Doing your own research about a specific altcoin you're looking to buy, will allow you to feel confident that your money will be secure in the long term.

Sometimes, because of greed from certain altcoin projects, they tend to fail over time. However, altcoins with active development and a supportive community, will always remain on top no matter what. In conclusion, you should look investing into ETH, NEO, ADA, EOS, ETC, LSK, and ZEN. Just my opinion Smiley

Focussing on platforms for dApps is certainly a good strategy, all these will grow with applications that are built on their platform. There were a few missing to make the picture complete: RHOC, WAN, ICOS.
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Board Altcoin Discussion
Re: Can you wait?
by
Astrilian
on 02/09/2018, 08:29:40 UTC
Now the current market situation of altcoin price is very low but BTC price stable. I'm hold all altcoin and wait full recovers of cryptomarket. I believe cryptomarket is fully recovers end of the year 2018.

Me too, regardless if an ETF gets approved, I think the market will recover in Q4. A lot of people are expecting this and sometimes expectations drive markets and become self fulfilling prophecies as people buy into them.
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Board Altcoin Discussion
Re: Long-term investment.
by
Astrilian
on 02/09/2018, 08:22:40 UTC
I think the long-held cryptocurrency should be Bitcoin and Ethereum, and their prices will not be reflected in a short period of time. And this year's encryption market is very bad, I think this year's cryptocurrency must be held for a long time before it can make a profit.
Bitcoin and ETH are the most reliable crypto assets. But if you want to make a significant profit, then you must make up your portfolio so that it has several small but promising coins. Now the market is at the bottom and such small coins, when it is restored, will very quickly make X-s.

I think so too, the small caps that were bleeding the most during the downturn will bounce back stronger than the established  high caps. In my view 200B mcap was the bottom already.
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Board Bitcoin Discussion
Re: WHAT NEXT FOR BTC
by
Astrilian
on 24/08/2018, 09:27:39 UTC
Its a sudden But regrettable News that the SEC has ones again rejected a Proposal Regarding BTC, this time by ETF. somehow i saw this comming especially after an earlier rejection of a  Winklevloss ETF which proposed physical trading of BTC.  The rejection reasons are the same old ones., Market Manipulation being one of the major. To me this is an expression of how badly the SEC wishes they could control BTC and as long as they dont have the control button, no proposal will ever go through. with the current red market situation, im certain that somehow, the decision is going to have negative effects on the BTC value. Which brings the concern of WHATS GONNA HAPPEN TO THE CRYPTO KING

I'm very surprised that we have not had a sharp sell off after that string of ETF failures.  With everything holding steady I'm wondering if we have finally and truly hit rock bottom.   I have picked up my buying.

I saw a sharp selloff with most alts in the double digit loss. We would have maybe seen a bigger one but if the prices are already bottomed out there not much more room left to tank...who is selling at these prices is beyond me.
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Board Bitcoin Discussion
Re: WHAT NEXT FOR BTC
by
Astrilian
on 24/08/2018, 00:05:18 UTC
I would imagine that after the  next announcement to reject postpone  would not lead to to a mass sell off again.  Most people are realizing by now that we look rather into Q1 of 2019 when it comes to the ETF. As someone already pointed out, the odds are high it will be delayed further. I think we still might have a shoot that it gets approved, to meet investors demand and also to mitigate risks by being exposed to several markets,  not just one.
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Topic
Board Bitcoin Discussion
Re: US SEC Delays Decision on Direxion Bitcoin ETF Until September
by
Astrilian
on 23/08/2018, 23:50:30 UTC
Everyone seems so excited about the launch of bitcoin ETF. But can anyone guide me to understand whether the proposed ETF by Direxion is a synthetic or a physical one?

If it is a physical one, we have a reason to cheer because large buy orders will follow as soon as the ETF is approved by SEC. These coins will be removed from circulation pushing the price higher.

However, if it is a synthetic one, the community will have no reason to cheer because no physical bitcoins will be bought by the ETF management. So before cheering about the proposed ETF by Direxion, we need to know the truth. Can anyone point me to the right documentation here?

I went through a lot of articles and documentation but did not find anything related, with one exception. The Cboe filing included a second going that covered Security. For instance if a private or corporate investor should loose the private key to the wallet. Not sure about you but this sounds real enough for me.
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Board Bitcoin Discussion
Re: What Are Your top Concerns in Bitcoin and Crypto?
by
Astrilian
on 23/08/2018, 23:25:54 UTC
I feel like the quality of the people in crypto has gone down. I wasn't even in at the beginning but even when I started I remember everyone was giving out coins for free and donating to all kinds of charities, but now it's just everyone on exchanges trying to pump and dump before the next guy. I remember when ethereum came out and I thought it was a scam at the time, but even that was high class compared to the crap now.

Interesting observation,these are drastic changes if it was not only you're perception. In what time frame did you see this happening?  I think in the very early days you did not have retail investors rather real nerds that were truly interested in the tech under the hood. Now people discuss rather which coin to invest for "fast profit and huge gains," I doubt they will stay here for good,  rather I see them getting wrecked and move on. Let's see.
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Board Altcoin Discussion
Re: Long-term investment.
by
Astrilian
on 23/08/2018, 07:59:53 UTC
The cryptocurrency market is developing cyclically and now we are in the stage of decline and formation of prerequisites for a new stage of growth. Therefore, to sell now is to make a mistake and lose money. In this case, we should focus only on long-term holding and wait for the beginning of a new cycle of development of this market.

Actually I rather see us being in the accumulation stage now as we seem to have bottomed out pretty much at this point.  But I agree with the idea that this market is moving very cyclically and you can identify with a bit research in what phase we currently are. 

Do  you have a source that describes the current market cycle as "decline and formation "?
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Board Altcoin Discussion
Re: Forget the past and move ahead
by
Astrilian
on 23/08/2018, 07:53:43 UTC
Everything in life has past, present and future. Some of those who invested into some coins while their prices were higher, should try as much as possible not to dwell much on it, because if we continue to bother ourselves about the past loss, we will not be able to see the opportunities ahead.
The crypto space is full of opportunities, learn to find those alternative opportunities of earning tokens and explore.
That which you think might be a loss at this time, can give you huge profit later on in future.

Very well said mate, here in crypto world we must look ahead always finding those opportunities even if the market is fall maximize the different aspects of getting into more profits study, learn and execute that's the way of life here in crypto world.

Very true. Also if you are confident in a project based on strong fundamentals I would think twice before replacing it with something else. Give the devs some real time to work on these projects and don't loose faith too early only because for a certain period of time other coins seem to deliver a bit earlier.