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Showing 20 of 123 results by Capeshifter
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Topic
Board Economics
Re: Do you think billionaires invest in BTC?
by
Capeshifter
on 10/02/2018, 16:34:20 UTC
the funny thing is that there are already people who became billionaires cause of Bitcon. The famous Twins invested back in the day about ten million. By today's BTC price they are close to a billion, which is insane if you think about it. Not only billionaires invest in Bitcoin, but Bitcoin actually makes billionaires.
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Topic
Board Speculation (Altcoins)
Re: right time to buy alts
by
Capeshifter
on 01/12/2017, 13:39:25 UTC
prices are always fluctuating in the crypto market, it's normal and part of the entire ecosystem. It's rather strange for most new joiners and not as they would usually expect, they see these huge fluctuations and their assets are one day -20 and the other +60%.. but that's quite common and it's due to the low market capitalization these coins have. Don't let this deter you or be a reason for not investing into altcoins, because altcoins offer some of the best returns out there in our current financial system. The only way you can make more profit is probably by creating your own company and trying to do what they are doing, but besides that it's a great way to invest for some short and even long-term gains.
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Topic
Board Altcoin Discussion
Re: Trading Strategy
by
Capeshifter
on 29/11/2017, 15:28:38 UTC
that's a silly strategy in my opinion. So even if a coin offers nothing that is relevant to the project or any technological advantage you're still gonna invest in it? You basicall want to distribute 1000 dollars in 1000 coins and expect that some of them will be profitable enough to break even that 1000 dollar investment. Let me remind you that 999 out of the 1000 projects are garbage and worth nothing. So you'll have to make at least a return of 10000% to break even. The strategy in my opinion doesn't work even though I understand what you are trying to do, and how you want to approach it. Why not stick with good looking projects that attract your attention cause of their unique product or service? I think that will work out better in the long-term.
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Topic
Board Altcoin Discussion
Re: How to know which bounty campaigns should i join ??
by
Capeshifter
on 29/11/2017, 13:17:08 UTC
you can earn quite some good money by doing bounties, but as you've said it's not always easy or obvious which project will succeed and which won't. What you can search for are projects that you genuinely like and projects that you would invest your own money in (if you were to). Try to follow the approach as though you're an investor and are looking for ICO's to invest your money in, you are investing in some way because you're investing your precious time, so you should be taking it just as serious in terms of researching about the project, reading the whitepaper and generally learning anything there is to learn about its technology, the industry and customers it is going to target. A combinations of all of these are what will help you determine whether a project will pay off or not.
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Topic
Board Altcoin Discussion
Re: Cardano On The Rise
by
Capeshifter
on 29/11/2017, 10:37:29 UTC
A pump of over one billion doesn't sound logical to me, it's way too much money to be thrown into a pump. A pump is when a low capitalized coin is being pumped and not a billion dollar coin. The effort it takes to do that is something which justifies in itself that it's not a pump. What confuses me though is why anyone would invest in it. I mean yes, it does look great and it does emphasize the "great" team that is behind the project, all these people related to science etc. but what is it any different than other smart contracts platforms out there. I don't see the real reason why you should invest in it and therefore it's hard for me to justify how Cardano went from being no one to trading currently at a market capitlization of about three billion.
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Topic
Board Altcoin Discussion
Re: ICO market cooling down?
by
Capeshifter
on 29/11/2017, 10:03:30 UTC
the ICO market is anything than cooling down, how did you even come to that conclusion and what data are you talking about. As far as I can tell the number of ICO's being launched on a daily basis has multiplied within the last months and we only see these numbers increasing. I remember a while ago, not too long maybe six-seven months ago, we were scrolling TRYING to find an actual ICO, there used to be like one every week.. max.. and what has happened after these six months? Witht the total market cap of all crypto's going to 300 billion? We're seeing almost ten projects launching a day and most people can't really keep up with it. It's just too much of a hasle to even open all the websites.. that's how many projects there are out there.. not even mentioning that you are supposed to go through all the whitepapers as well.
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Topic
Board Altcoin Discussion
Re: Research Ico
by
Capeshifter
on 28/11/2017, 16:00:59 UTC
you can start by searching first for upcoming projects and go through all of their websites. Usually you visit a website that lists all upcoming ICO's, these websites have links to the project's website and there you find the whitepaper and all the information relevant to what the project is about. If you like the main idea you can start reading the whitepaper and understand what the project is trying to offer or what issue it is trying to resolve, once you've read through everything, search if there are any competitors that are in the same industry as that project, and check whether there will be any future demand for that product in the future (you can check market trends) these are all extra stuff. Usually when an ICO is good you know within the first few minutes, and these are the projects you should focus on.
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Topic
Board Speculation (Altcoins)
Re: Ethereum at $1000 in Jan 2018?
by
Capeshifter
on 28/11/2017, 15:35:47 UTC
it's quite likely that Ethereum will indeed perform that well. It might be wishful thinking but there are definitely good chances of something like this happening. Bitcoin has all the attention right now and everyone will be looking to invest in it within December, once the future are available from CME group. At some point though in 2018 investors will be looking for alternatives and other coins that offer descent returns. BTC will be strong but it obviously can make the same returns it has been making for years now. The next possible candidate to be integrated in traditional investment instruments is obviously ETH. It's one of the best candidates and when that happens we'll be seeing the price going to mars and probably coming back at some point as well.
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Topic
Board Speculation (Altcoins)
Re: Can ETH Touch 500$ in new year?
by
Capeshifter
on 28/11/2017, 11:15:03 UTC
I wouldn't be suprised if it does go to 500, we already saw BTC going from 1.2k this year to over 10k. Many were calling that Bitcoin will reach 10k before the end of 2017 and now we are seeing this milestone being touched at the begin of December, so we have an entire month to go which has a lot of potential. I think it's likely that it will go even to 15k, so the other beneficiary will of course be ETH, when the overal outlook is bullish the all the coins are gaining some piece of the cake, in case that happens I think that ETH at 500$ is quite conservative, we'll see way more beyond that and that will happen only if more money will start pouring in, but considering the entire situation in the market I think it's very likely.
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Topic
Board Altcoin Discussion
Re: RIPPLE vs Bitcoin. What will banks do?
by
Capeshifter
on 28/11/2017, 10:31:19 UTC
Ripple is completely different than Bitcoin. To start with, Ripple is centralized while Bitcoin is decentralized, so banks obviously will favor Ripple. Bitcoin is more of a threat because it can't really be controlled by anyone. We've see governments trying to regulate the market and they have been unable. What Ripple is doing is that they are actually offering a service and a respective product (XRP), that product can be used by financial instituions and banks to lower their overal transactions costs, so it makes sense for banks to consider that. For Bitcoin that doesn't work, to transfer bitcoin you'll need to pay fees and the system is not nearly as efficient at Ripple's, which means that it will not be favored by banks or anyone else. Ripple is the clear winner.
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Topic
Board Altcoin Discussion
Re: Indirect Services for Cryptocurrencies
by
Capeshifter
on 28/11/2017, 09:11:42 UTC
exchange cryptocurrencies is only a fraction of what is possible to do with them. You're basically describing how bitcoin works (the exchange of value from one person to another, or one holder to another holder) that is the main function of BTC and its original intent, as you described by satoshi. But since then there have been so many more alternatives, and the best example is ETH to understand them. ETH basically lets you program anything you want in order to create applications that can handle on their own cryptocurrencies. So you can create legal contracts that fulfill on their own (for example, a car crosses a red light, the car is registered to an address and is beeing directly charged for the misdemeanor). That's just one example but there are so many more. ETH is the best way to explain that in my opinion.
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Topic
Board Speculation (Altcoins)
Re: Antshares/ NEO [NEO]
by
Capeshifter
on 24/11/2017, 16:01:41 UTC
it's a good investment, even though NEO isn't ETH it still have quite some advantages that can be considered worth while to invest. The Asian market is pretty big. China has the biggest population in the world and about a sixth of the entire population is Chinese, why I tell this is because NEO is essentially targeting the Chinese markets, and as such the growth potential of the platform is very big. A marketing technique and philisophy is "think global and act local". Neo is doing exactly that, they are an international organization that try to regulate their coin locally, which if they manage to do so, they will be able to issue assets without the fear of getting shut down. That would be an incredible boost not only for NEO but for the entire crypto ecosystem.
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Topic
Board Speculation (Altcoins)
Re: Going all day investing in altcoin
by
Capeshifter
on 24/11/2017, 15:20:11 UTC
sure thing, alts are already making a comeback after a couple of months. It was all BTC lately, which is natural considering how much attention it was getting. Even bad publicity is good publicity, and apparently a hard-fork is good publicity as it seems. Even though it was canceled the price still was shooting up and that is something that wasn't expected by many. Now that the hype is over from BTC and everyone's head has cooled off, we are really seeing the focus back on the altcoins. There are many potential candidates who have gone through the last months completely undervalued and now people are buying into them after redirecting some of their BTC profits. My forecast is that altcoins will continue going up, let's see how long that will last.
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Topic
Board Speculation (Altcoins)
Re: BTC is dead. The plan is a shift to Bitcoin Cash.
by
Capeshifter
on 24/11/2017, 13:54:06 UTC
If I would have a penny for everyone someone said that BTC is dead, I'd be richer than satoshi. Really it's getting tiring and to be honest it's not really fun anymore to hear that. The coin has gone through so many worse things than a fork that's it's insane to say it will die just cause of that. There were many copies in the past and there will be many copies in the future, this gives actually BTC more chances of survival, because it reminds everyone that they are simply a copy of the original. BTC being the original and first crypto out there is what made this whole thing take off. Bitcoin cash will have it's glory and sooner or later die off, the only one who will be still standing is more likely BTC, even though I'm not holding any BTC, I still think it will survive many more years to come.
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Topic
Board Altcoin Discussion
Re: Do you still support Ethereum?
by
Capeshifter
on 23/11/2017, 15:52:56 UTC
What's wrong with ETH? I think it's a great project and don't see any reason why people shouldn't support it. It is build thanks to a very clever man who did something extraordinary at a very young age, and wasn't expecting much of it in return. Now everyone who is realizing his genius is supporting him, and he and the core team come up with some awesome ideas on how to improve the protocol. We are talking about some serious integrations coming in 2018 anything from private transactions to PoS, something that no other protocol even consider to implement. BTC will at some point feel the pain of mining and the entire power centralization and that will somehow affect its price sooner or later.
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Topic
Board Altcoin Discussion
Re: Coins that predictably swing around a value
by
Capeshifter
on 23/11/2017, 13:29:31 UTC
Would you say the same after today? The market is not that predictable after all is it, ETH went on to pass about four hundred for the first time, so that wasn't expected by most traders I guess. The thing is that it was time for ETH after finally four months to make some descent gains. The network will benefit a lot within the next weeks and months and that is starting to become apparent to many users. The privacy implementations and all the PoS architecture will start to change the game of the top currencies, which many are based on mining. That's an added advantage that only ETH has and it's very hard to duplicate (NEO) in order to make a profit out of it. The only advantage NEO has is that it's on the Asian market, which has a lot of potential. Other than that, it's inferior.
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Topic
Board Altcoin Discussion
Re: How many Ethereum wallets for ICO?
by
Capeshifter
on 21/11/2017, 16:01:17 UTC
You can do various strategies on how to store your wallets. As you said you can use a different wallet for each ICO, but that will be knda cumbersome to manage all the keys and accesses, a better way is to have everything in one wallet and to have it offline. That's called a cold storage wallet, basically, when you receive the coins from an ICO you can direct transfer it to your cold storage wallet and keep it offline. That way you reduce the chances of your wallet getting hacked and you won't have to worry that some exchange might get exploited and you losing the coins from the ICO. Mainly you can have one wallet as long as you keep it offline and safe, just make sure to store it offline and safely!
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Topic
Board Altcoin Discussion
Re: Bitcoin Cash is King
by
Capeshifter
on 21/11/2017, 15:20:10 UTC
Yes BTC cash did do great after the fork, or actually after the fork was canceled, but what I'm interested in more in whether it would performed that well if the fork has not been canceled. That's important to determine because it will show the real value of BTC Cash if it has any. As far BTC cash is king that's nonsense, the only original BTC is one and will always be. There will be many forks in the future, will every forked BTC be the new king? Very likely not. People will just realize that it doesn't make sense to see on forking main coins and that they are not getting much out of it. When everyone is tired of BTC copies they will turn back to the original, which is BTC and things will be set once and for all.
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Topic
Board Altcoin Discussion
Re: HOW TO SPOT FAKE/SCAM TOKENS?
by
Capeshifter
on 21/11/2017, 10:49:06 UTC
most of the fake projects are usually poorly executed. Which means their website, whitepaper and idea are all made in a rush, which is usually the case. Another good indicator that a project has an idea that is "too good to be true", I've recently seen a start up that wants to focus on flying taxis (like flying cars). I mean, I'm all down to fly and go from one place to another real fast, but the goal has to be somewhat attainable, if flying cars have not been fully developed yet, then it's unlikely that a coin start up will all of the sudden find the solution and create the infrastructure necessary to attain that. The goal has to be both realistic and tangible, the consumers have to be able to adopt and developers should be able to build on something realistically.
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Topic
Board Speculation (Altcoins)
Re: [OMG] OmiseGO - Speculation & Discussion
by
Capeshifter
on 20/11/2017, 16:09:47 UTC
OMG is the real deal. They have one of the best communities around and they have helped other projets reach milestones by financing their operations. Especially ETH has benefit tremendously from OMG, which has now paid off. OMG was helping ETH before ETH was popular which makes it all that more cooler from OMG. The integration and number of unique addresses it at about 28 thousand which is very good and I think one of the highest numbers in the ERC20 altcoin domain sector. The price has not relfected that much what you would expect, but it takes time, OMG has already proven it is expanding the Asian market which will be kinda huge and that's already very positive. What is cool about OMG is the community and I hope it stays that way. Price increase will eventually follow.