Search content
Sort by

Showing 20 of 700 results by CrowdFunder
Post
Topic
Board Speculation (Altcoins)
Re: Hodl Until 3x
by
CrowdFunder
on 22/12/2017, 02:43:33 UTC
I think about hodling coins until they make 3x (USD price). I pick these coins below. What do you think about my portfolio?
Which coins should I add or remove?

Coin      Date             Current Price
ETH December 07, 2017 425$
WAVES December 07, 2017 8.58$
BNT December 07, 2017 2.53$
CVC December 07, 2017 0.35$

Looks like you already made around 2x your investment, good luck making it to 3x. I personally think CVC has the most potential among your list and would chose ETH as a close second.
Post
Topic
Board Speculation (Altcoins)
Re: is it better to invest in bitcoin or ethereum ?
by
CrowdFunder
on 22/12/2017, 02:35:15 UTC
If you have to choose between these 2 coins at this point i would always pick ethereum over bitcoin. I think ethereum has way more room to grow and has the better tech.
But i would look elsewhere if you want some good profits and are prepared to take a risk.

In the long term ethereum is definitely the better choice, in the short term however bitcoin is gaining a lot more attention with ordinary non tech savy people and ethereum is still unknown to most.
Post
Topic
Board Economics
Re: People are extremely biased towards bitcoin.
by
CrowdFunder
on 22/12/2017, 02:30:40 UTC
Most people here and reddit will defend bitcoin no matter what instead of looking at the problems. Every time someone comments something about the speed or transaction fees they will just yell ''FUD'' or ''Another attack on bitcoin'' but it's not always that. I have been a strong supporter of bitcoin myself but we have to face it, it's not in a good position right now, sure the price is great but what else? Insane fees that are not getting solved any time soon? I know the demand is high but the ones that are buying are just buying to sell eventually not to support bitcoin, not to use it. The demand will eventually fade away and what do we have left? An outdated bitcoin that won't be able to compete with better coins.


Well if the 2mb hard fork happens then the fees should get resolved in the short term but I agree with you that people refuse to see the problems associated with bitcoin but that is because they are so heavily invested they don't want to believe it isn't anything but perfect.

Honestly I expect alts to eventually take over the lead but bitcoin does at least have further scalability coming on the way, a segwit wallet is soon coming out and it is being used more frequently now, 2 mb blocks should b here soon and that hopefully will give enough time for lightning to be deployed.
Post
Topic
Board Altcoin Discussion
Re: Ripples are blowing up again
by
CrowdFunder
on 22/12/2017, 02:25:14 UTC
SOmething tells me it won't last long, It's being pumped

For sure, we see these cycles every few months where ripple gets pumped then falls and stay low for a long time before the next pump. I'm also not confident in its long term potential though it has managed to stay among the top coins for a long time now.
Post
Topic
Board Economics
Re: Still Buying Bitcoin at $100K?
by
CrowdFunder
on 22/12/2017, 02:23:39 UTC
I do not think I will buy bitcoin if the price reaches $ 100k, because it is very expensive and I should look for bitcoin through signature campaign. In signature campaigns by getting bitcoin will be very profitable and I will start investing after I get bitcoin.
A lot of people are always complaining about expensive, but they have failed to understand that even as at now, so many people are still considering bitcoin's value to still be expensive. So, when will the whole expensive thing stop ? When 1 satoshi is equivalent to a dollar ?

No one knows the peak of bitcoin but as long as I have vision for just those tiny satoshis and the fact that bitcoin will be very useful in the long run, and then I am still going to buy even at $1m.

Even at $100k value, a lot of people will still be buying bitcoin. I see that by then, hopefully a lot of things would have changes, most especially in the usability of bitcoin and that would have really made the value to keep skyrocketing to the point that people won't really bother the amount they are buying as long as it is useful, there is value for it. So far, Zimbabwe has really thought me that, even at a higher value, as long as people need it, then it is non-stop.

I think most people are just worried about when the potential for more profit will end, there is an upper limit after all. I will however still be buying at $100k, but probably not at $1m. For some like me it is an investment rather than purchasing into its utility because right now bitcoin is failing to scale up to mass adoption.
Post
Topic
Board Bitcoin Discussion
Re: Christmas And BTC?
by
CrowdFunder
on 21/12/2017, 18:00:39 UTC
I was just wondering, to those experts on bitcoin, because I have seen that bitcoin suddenly lay low in going up, and now even plunges.  I needed your opinion.

Does Christmas or any holidays affects bitcoin?
Please elaborate. Thanks a lot

I don't think holidays changes much for bitcoin because exchanges are open 24/7 regardless of the holiday and bitcoin is so widely adopted across different countries, continents and cultures that any individual holiday wouldn't have much of an effect.
Post
Topic
Board Altcoin Discussion
Re: As of now, what under $0.01 altcoins have great potential ?
by
CrowdFunder
on 21/12/2017, 17:58:53 UTC
Hi,
looking to invest in some very cheap altcoins, any good projects i should check out ?
something with VERGE potential, look at its price a year ago

got on RIPPLE at $0.2

Cardano, mixed feelings about this so sold up at $0.5, hope this wont be a regret

Thanks

The individual value of each coin/token is not what is important, it is the marketcap. A coin could be worth $0.00001 and still be completely overpriced if the supply is huge.
Post
Topic
Board Altcoin Discussion
Re: newbie here
by
CrowdFunder
on 21/12/2017, 17:56:21 UTC
Nowadays the good ICO doesn't necessary mean to be a good project. The main factor for me is a big hype around the project! Here's an example: Gifto! Look at the project, read there whitepaper and you would definitely say that you won't participate in it, But it had a huge hype and around 80% of investors didn't manage to buy tokens on ICO. So the price pumped up to 4x just after it was listed on Binance.

Completely right, that is because people have trouble identifying the right ICOs so even scams can be profitable in the short term. However if you look over several years then I think we will find all the bad projects to eventually lose money for long term investors or even die out.
Post
Topic
Board Bitcoin Discussion
Re: How Bitcoin is better than other coins?
by
CrowdFunder
on 21/12/2017, 17:52:31 UTC
Inspite of numerous alternative coins coming out in the crypto world, I still believe that bitcoin is the best coin among all others. It has set the standard in the cryptocurrency as it is the first ever digital currency ever known and released. It still has the most promising value increase (just look at its growth on the chart) that attracts investors. Also, valuenof altcoins are still dependent on the value of btc so basically it is the basis of the crypto industry.

For now you are right but it doesn't necessarily mean bitcoin will always dominate and its flaws are becoming increasingly apparent with huge transaction fees at the moment making it unusable for anything but high value transfers.
Post
Topic
Board Altcoin Discussion
Re: What is your experience in trading?
by
CrowdFunder
on 21/12/2017, 17:44:15 UTC
I think we should stick to our analysis from the beginning.
We need to watch out unexpected points. What is our target we need to know when we decide to trade. Keep calm and do not panic to avoid making irrational decision.
And do not change and switch too many  coin when we are trading
Those things that you do mention would eventually be gained and be applied along the way on doing trading because engaging into trading will really add up experience which would mold us up to be a better trader. Loses are normal which we should not be easily discourage once we do lose up money because its just normal and this is why its important to learn up from our past mistakes to become a better trader soon.

The most important experience to learn is how to stoploss instead of doubling down and eventually becoming a bagholder for life. While it may not always be the right decision in hindsight it allows u to enter into another profitable trade.

You can learn all the fancy techniques you want but this one in my opinion is the most important.
Post
Topic
Board Altcoin Discussion
Re: How should you measure profits?
by
CrowdFunder
on 20/12/2017, 15:07:28 UTC
Should we measure our investment returns in fiat or in BTC? Does it only depend on when you want to cash out in fiat?
I've been measuring my investment returns in fiat, and it was almost always going up. But when it comes to BTC it actually went down. Should we cash out our alts into bitcoin and accumulate more?

If you're interested in the topic and have similar dilemma, then I recommend you watching this video: https://www.youtube.com/watch?v=FkKYuoRg6jM

People mostly invest in altcoins in order to accumulate more btc so it makes sense then to measure profits in btc, otherwise what is the point in buying up altcoins over btc?

The only time I really take an interest in fiat profit is when I'm down in btc then I can say to myself at least I'm still doing well in fiat.
Post
Topic
Board Altcoin Discussion
Re: Real small Russian goat farm officially acceptyng crypto
by
CrowdFunder
on 19/12/2017, 16:39:05 UTC
guys, take a chance and start ICO or create crypto called Goatcoin Smiley i'd invest in you with pleasure!

Oh god please not anymore useless ICOs. They should be used to develop blockchain tech not for random businesses.

It is great however to see increasing bitcoin and general crypto acceptance from small businesses all around the globe. Altcoins in particular since bitcoin fees are a bit high at the moment.
Post
Topic
Board Altcoin Discussion
Re: *Litecoin Top???*
by
CrowdFunder
on 19/12/2017, 16:34:54 UTC
So Litecoin is over $350. Does anyone think it will dip below $300 anytime soon? Or are we looking at 400+ soon? I'm new to the crypto game.

It will dip below $300 after the new year during a market correction and I think it will even go below $250 if not $200. 2018 will be the year litecoin falls in the top market cap ranks.
Post
Topic
Board Bitcoin Discussion
Re: Can cryptocurrency make real money disappear?
by
CrowdFunder
on 19/12/2017, 16:28:33 UTC
I think it's not going to happen because cryptocurrencies has no physical form, not all the people know about this kind of technology or know about the existence of digital coin and you must have a internet connection and not all the people are afford to buy a gadget for using cryptocurrencies and paper money was used over a 100 years so it's not easy to replace.
The biggest problem when we use cryptocurrency to replace paper money is cryptocurrency can not use offline. If we transfer cryptocurrency to paper wallet, why do we not use normal paper money? This is the biggest problem make cryptocurrency can not change the best function of paper money.

Bitcoin competes with card payments and banks rather than with paper money. Paper money will never disappear due to working offline but it is currently a tiny proportion of the financial system, the vast majority of money is already digital on peoples bank accounts.
Post
Topic
Board Bitcoin Discussion
Re: Warren Buffet does not invest in Bitcoin, why?
by
CrowdFunder
on 19/12/2017, 16:18:08 UTC
The worlds greatest investor doesn't believe in bitcoin. What do you say?

"You can’t value bitcoin because it’s not a value-producing asset...it's a real bubble in that sort of thing.” - Warren Buffet.

Source : https://www.forbes.com/sites/johnwasik/2017/11/06/why-buffett-sees-bitcoin-bubble/#43a11fbe62a8

Warren Buffet is notorious for going after traditional industries and not investing in anything internet related because he doesn't understand it. Someone who doesn't understand the internet is unable to understand bitcoin as well.
Post
Topic
Board Speculation
Re: Bitcoin correction
by
CrowdFunder
on 15/12/2017, 13:55:49 UTC
I really wish it could go back to $10K beacuse I want to buy loads more!!!!

Me too, a drop in the value of bitcoin would be great for accumulators such as us. I think it really needs to drop further than $10k though, 5k would be an ideal buy price.
Post
Topic
Board Bitcoin Discussion
Re: Record high traffic
by
CrowdFunder
on 15/12/2017, 13:54:53 UTC
ALERT: INCREASED NETWORK TRAFFIC
The Bitcoin and Ethereum networks are currently experiencing record high traffic, resulting in higher miners fees and longer confirmation times for transactions.
Blockchain does not collect transaction fees. Transaction fees are paid to bitcoin miners and are determined by demand in the market for transaction confirmation. We do our best to try and provide you with the lowest possible fee that aims to achieve transaction confirmation in an acceptable timeframe. If you do not wish to pay the fee currently recommended, we recommend you check back later as fees will become lower once network activity has subsided.


See this message when I login to blockchain.info

Crazy times.


Both bitcoin and ethereum need some solutions to increase the amount of transactions that can be processed. It's a travesty that one of the main purposes of crypto in being able to send transactions fast and cheaply is currently not possible.
Post
Topic
Board Bitcoin Discussion
Re: Bicoin Price Reached Maximum ~ 16 000 USD, So It Is Wise To Sale Your BTC
by
CrowdFunder
on 14/12/2017, 17:21:15 UTC
Right now it is latest time to sale your BTC and receive USD at very good price, - http://preev.com/, later you can receive much less. If you look in BTC charts for 1 month, 3 months and 1 year - https://coinmarketcap.com/currencies/bitcoin/, you can understand, that BTC price reached max.  Grin

I don't think so. I think it will peak around at least $30k, probably by end of March. It is definitely too early to sell, but I think Ethereum will outperform bitcoin for sure.
Post
Topic
Board Speculation (Altcoins)
Re: #1 Pick for January
by
CrowdFunder
on 14/12/2017, 17:14:34 UTC
I would pick Funfair and Request Network, they are both some of the most undervalued tokens considering the tech and teams behind them. I think they will at least double in price by the end of january.
Post
Topic
Board Speculation
Re: BTC price prediction for December 31, 2017
by
CrowdFunder
on 14/12/2017, 17:09:18 UTC
I think anywhere from $19k to $25k is reasonable price for December 31, bitcoin has shown it is currently in a pump mode despite some setbacks these last couple of days.