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Showing 20 of 151 results by Ponylon
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Topic
Board Trading Discussion
Re: Be calm when the market falls
by
Ponylon
on 21/07/2018, 21:31:11 UTC
we've had these cycles for years, it's nothing new for crypo. Just hodl and keep a big smile to be happy that you're in the game to start with
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Topic
Board Economics
Re: The dream of getting rich with bitcoins
by
Ponylon
on 10/02/2018, 16:31:05 UTC
you might get rich, but probably not with bitcoin. Best case scenario, Bitcoin will increase by let's say 100,000.00 USD. That's about a 10x from the current price. If you'd invest about 10,000.00 USD you'd end up with 100,000.00 USD. Is that enough to be considered rich? Probably not. If you want to make higher returns you should consider getting involved in other crypto coins, where it might be more unlikely that they will appreciate in value, but if they do, they will appreciate by a lot.
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Topic
Board Speculation (Altcoins)
Re: Next 100x?
by
Ponylon
on 29/11/2017, 15:17:13 UTC
why do you only want to focus on coins that will have the best short-term gains. Everyone who gets involved in the crypto markets is always behind making short term profits, asking what's the next 10x and 100x coin. How can anyone on this forum know that for sure, no one can answer with certainty. What I would reccomend is that you start focusing more on what the project actual offers to the community and to the token holders, whether it offers any real value and how that value will translate eventually in descent returns. You will make your 100x coins if you start asking the right questions, it's irrelevant which coin will make the most profits in the short term, try to focus on long-term growth which is the most sure way of making 100x returns.
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Topic
Board Speculation (Altcoins)
Re: [XRP] Ripple Speculation
by
Ponylon
on 29/11/2017, 13:14:26 UTC
I've recently read that a fund is going to be created that uses XRP as it's underlying coins. That's quite something and an advancement from what had been done until now. XRP has been mainly focused into creating this sort of intercompany banking network in order to reduce overal transaction fees for banks who exchange money and move money from one place to another. With the fund being developed that opens the door to a completely different field for XRP and it's going to affect the development of the project into other financial branches, because there is more there than just banking and it's nice to see that XRP is taking this different direction as well. The only problem with XRP is it's obvious too high stake of coins that is centralized.
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Topic
Board Speculation (Altcoins)
Re: Best crypto to buy now?
by
Ponylon
on 29/11/2017, 10:34:56 UTC
make sure not to listen to anyone who tells you any random coins. This is a good place to rip-off people that's why you should only trust yourself. Before you invest in anything you have to make sure to understand what the project/coin is about and what problem it tries to solve. It's a bit unclear to many that the coin has to offer some actual value in order for you to gain value. There are for example all these different coins, that do the exact same thing, they don't add any innovation to the market and they are just trying to take advantage of this entire crypto boon that is happening. Even though you can invest in a coin it doesn't mean you should. Look for something that is worth putting your money into and try to understand the "deeper" qualities of the coin.
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Topic
Board Speculation (Altcoins)
Re: Can ETH Touch 500$ in new year?
by
Ponylon
on 29/11/2017, 10:00:11 UTC
500$ is nothing for Ethereum.. this is just the begin and we're gonna see so much more exciting things happening with ETH. The fact is  that most people have not even heard yet of Ethereum, everyone knows Bitcoin because that's what makes headlines, that's basically the coin that gets the entire attention - so the average viewer things that Bitcoin and the blockchain in general can only be used for one thing, and that is to send one Bitcoin to someone else and vice versa. When people will realize what is possible with the blockchain, and when they see all the important use-cases that will be implemented in the future, and how it will help their everyday life, then we'll see some real money pouring into the crypto ecosystem.
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Topic
Board Speculation (Altcoins)
Re: BTC is dead. The plan is a shift to Bitcoin Cash.
by
Ponylon
on 28/11/2017, 15:58:39 UTC
anyone who is shifting away from an original protocol is just wrong. I'm not saying that the protocol can't be improved, but what was offered by all these fork developers is absolute garbage, I can't see how only increasing the block size or making other small adjustments can value a coin up to the billions, it's completely unrealistic. Everyone is just using the fact that Bitcoin is so popular, and by creating news about upcoming forks they get free advertisement, which is why we see these ridiculous prices. It's quite insane that something which is basically the same even has 10% of the original value. Bitcoin cash will eventually die out just like any other version that tries to fork from the original, mark my words.
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Topic
Board Speculation (Altcoins)
Re: NEO Breaks NEW HIGH
by
Ponylon
on 28/11/2017, 15:32:49 UTC
yeah, NEO has been performing quite well this year. It all started since the service was rebranded, back a couple of months ago it was called ANT shares, but they rebranded the entire thing and make it more attractive. Reason for the success of NEO is their persistence with regulators. It's one of the only projects that goes head to head with regulation and actually pushes things for something to happen/change. It's really a difficult battle and I'm wondering how NEO had the success it already had, but that's probably why they have performed so good within the last months, they have a great team and obviously some strong connections, it's the only way to survive in such a regulatory environment as is China.
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Topic
Board Speculation (Altcoins)
Re: What Altcoins that are now under $10 will be worth over $50+ in 2018?
by
Ponylon
on 28/11/2017, 11:12:40 UTC
10 to 50 is about a 400-500% return, which is not a lot in crypto terms. What you should keep away from is BTC and ETH because these coins are unlikely to deliver such great performence. Good candidates in my opinoin are the top five coins, anything in the top five-ten has good potential to double or triple in value. Anytime you go beyong the top ten coins you increase your chances of having a better return but at the same time you risk on being wrong and losing all of your investments. 2018 overal will be a great year because it will most likely attract the biggest publicity and everyone will want to get involved in BTC and everyone will eventually learn about other options and altcoins. Considering that I think you can't go wrong with NEO, XRP, LTC and such coins.
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Topic
Board Speculation (Altcoins)
Re: Is it the Best Time to Sell Ether
by
Ponylon
on 28/11/2017, 10:28:23 UTC
what will you do with that 15$ once you sell it? go to Mc dolands and buy yourself two menus? cause that's what your return is worth now. If you want to invest in something it's better to invest more money than to invest little, because in order to go through this whole process, you are wasting some energy and though into it (how to buy Ethereum, when to buy, when to sell etc.) all this takes time and energy. With your 15$ return you basically value your time and energy at 15$, which is not a lot. If you want to make your time worthwhile and make some serious invesments, then you should risk gaining and losing more. ETH will rise more in the future, but considering your low stack (50$ invested) I would go and invest it in somewhere else, maybe an ICO were your potential return is much bigger.
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Topic
Board Speculation (Altcoins)
Re: ZRX? Buy now should go up to its previous price.
by
Ponylon
on 28/11/2017, 09:08:43 UTC
ZRX is a good buy right now, in general many altcoins would be a good buy right now especially after 2018. The thing is that at the moment all the attention or at least most of it is in BTC, because we'll have some big players entering the field and offering BTC futures which will attract many institutional investors and that will drive up prices. What people forget though is that after BTC, the investors will be looking at new ways to make better gains (BTC's return have been great, but there are still coins that outperform it short-term) and these investors will be looking for alternatives. I think ZRX is a good enough coin to attract attention and be involved into investment or hedge fund portfolios, the underlying exchange model is quite advanced of ZRX and that will definitely reflect price-wise at some point.
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Topic
Board Altcoin Discussion
Re: Do you thinks spending time on bounty projects is worth the time and effort
by
Ponylon
on 24/11/2017, 15:58:51 UTC
it sure is, but it really depends on the project you want to support. If it's one of these scam coins then you have wasted a lot of time just trying to get it promoted and eventually not earning anything out of it. But what if the project is actually descent and has some potential and future in what it wants to accomplish, then you are basically looking at something that can be of quite some value if you keep it. The best thing after earning rewards from bounties is to try to keep them as long as possible, if the project is any good, because that small bounty that you received might be worth so much more in the future. You don't really know unless you try and fail a couple of times, but if one of these projects does deliver what it promises it will definitely make you somewhat richer.
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Topic
Board Altcoin Discussion
Re: Ethereum All Time High
by
Ponylon
on 24/11/2017, 15:17:46 UTC
It did, it's flying over 440 right now and it's beautiful to watch, have been waiting for this quite some months now and it's nice to know that holding does pay off, instead of making a quick buck whoever trusts in the coin just holds and profits eventually. I think it's a good lesson as well for many new investors, if you believe in something and you really think it can have a future impact, invest in it and don't expect to be paid back instantly. It will definitely take some time until the vision of the coin is materialized, but if you manage to buy enough early then you are sure to profit if that vision does get realized. ETH's vision is simple to grasp and realistic, the main platforms for decentralized applications, that's it. It's already there and it will reach that point in a couple of years.
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Topic
Board Speculation (Altcoins)
Re: Do you think it's still good to buy DOGE (11/23/17)?
by
Ponylon
on 23/11/2017, 15:50:54 UTC
I can't really justify why Doge is up. Generally the coin is a joke, and it's not me who is saying that but the creators of the coin itself. They were former IBM employees and said they created the coin out of fun and just cause it was amusing. It was so successful because it was created when not that many coins were around, but it represents something very important, and that is that crypto's can still be used for fun and for purposes that are not that serious. Personally I don't see how it can evolve because there no major updates coming from developers and everyone who is still holding some DOGE does so because it brings nostalgia and it was part of the entire cryptosystem some time ago, I'd sell if I were you.
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Topic
Board Speculation (Altcoins)
Re: BCH at 2000$. What you guys think?
by
Ponylon
on 23/11/2017, 13:27:08 UTC
With today's rise I wouldn't say that it is unlikely, basically two thousand is a conservative estimate considering that BCH cash managed to be on the third spot for so many months (since it launched basically), now it's essentially about to take the place of Ethereum and that will change everything, if it happens which personally I think is not the case. Ethereum is sitting on about 35 billion and BCH at about 25 billion, which is damn close if you ask me but both of these platforms offers some unique things which gives ETH the advantage in my opinion, because it offers way more than BCH. BCH to start with is just a copy and fork of the original BTC, while Ethereum is an innovation and the first in the market who is dealing with smart contracts, big difference.
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Topic
Board Speculation (Altcoins)
Re: Alt buying time
by
Ponylon
on 21/11/2017, 15:59:07 UTC
BTC might increase even further within the next weeks and months because we'll be soon seeing some internet from institutional investors, which is kinda cool. People or investors let's say, will be able to trade BTC futures, a future is a contract in which the investor or trader can indicate how much BTC they want to buy and at what rate, in that way they can speculate as to whether the price of BTC will increase or decrease, which means they can even bet against BTC (that it will lose value) if that happens, then we might see BTC being stabilized in the short term, but the fact that a major instituion (CME) is integrating BTC as a future will be enough of news to get a lot of more people interested in blockchain. So I think that price will increase within the next weeks even further.
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Topic
Board Speculation (Altcoins)
Re: What is the total number of ethereum?
by
Ponylon
on 21/11/2017, 15:18:04 UTC
Vitalik has said that after the PoS system has been implemented no more tokens will be generated or created. After the POS mining will become irrelevant and no one will be interested in mining Ethereum. They will all try to buy ETH from the other hand to make sure that they have enough stacked up, in order to validate transactions and receive some of that transaction fees directly to their wallet. So miners will be replaced by validators or common people holding ETH and locking it up and in that way the entire network will become very decentralized and attract even more attention from people and respect from other coins. That's a big issue nowadays, everyone is talking about decentralization but no one implements it.
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Topic
Board Speculation (Altcoins)
Re: Is Ethereum best for investment?
by
Ponylon
on 21/11/2017, 13:55:54 UTC
Ethereum is a good investment all day and all year long, it's not just gonna make you money in the short term but especially in the long term, many consumer don't know yet much about blockchain and its potential. Everyone has just heard of BTC and that's it, when people actually learn what they are capable of doing with Ethereum, which is create applications and program the actual coins in useful every day activities, then they will start valuing Ethereum and what it can offer to the everyone. Fact is not many people have heard of it, when the words gets out and everyone realizes the possibilities of Ethereum then we'll see them buying as well the token and the value will increase eventually. The blockchain sector is really small as of yet and it will take some time before people start learning about everything that is out there.
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Topic
Board Speculation (Altcoins)
Re: Next 100x?
by
Ponylon
on 21/11/2017, 10:38:19 UTC
don't focus so much on which coin will go 100x or 200x, there are coins that have a thousand fold percentage increase potential. Try to focus on the underlying value that the tokens are offering, which means you should focus on projects that offer a real benefits to consumers and if that is indeed the case, then the coin will become valuable itself, which means its price will increase and ultimately you will profit. If you focus only on which coin will be pumped next, then you'll always stay that.. a pumper.. and pumpers are usually getting it back to them sooner or later. The best strategy is to find coins with real value, and not always hunt for short-term profits, if you do that you will profit sooner or later, as blockchain will be used by more and more people.
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Topic
Board Altcoin Discussion
Re: Most Profitable Coin to Mine
by
Ponylon
on 20/11/2017, 16:06:58 UTC
forget mining, it's not worth it anymore as it was back in the days. A couple of years ago you could earn 200 BTC by mining for a couple of days, now since everyone is trying to mine, mining has become unprofitable for the amateur miners. It has become a real multimillion dollar business that only big level players can compete and that way it has become difficult due to the difficulty level has increased. The most profitable coin if you still want to mine something is to mine something that no one else is mining. That should be something that not a lot of people are mining which will hopefully put your computer processing power in good use. You have better chances of making a profit by simply purchasing the coin right away from an exchange.