As the market is becoming more green, I think that at last the bullish market has ended for good. So plan to hold my altcoins and see how far the value can go. Hopefully market will not go downwards again.
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BoardAltcoin Discussion
Re: First scam :)
by
cryptomonotize
on 04/07/2018, 18:02:31 UTC
SCAM ICOs are everywhere. Everyday I am hearing news about scam icos. This is becoming a severe problem also it is degrading the reputation of cryptocurrency. This needs an immediate solution.
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BoardAltcoin Discussion
Re: Could this be the sign of bull run?
by
cryptomonotize
on 02/07/2018, 16:52:45 UTC
It could be. No one can actually tell what causes the declining of market. It can be for one reason or can be for several reasons also. Some says big whales are manipulating the market. At the end we all have to consider that the market of crypto is like this. It will rise again and fall again.
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BoardBitcoin Discussion
Re: bitcoin future in india
by
cryptomonotize
on 01/07/2018, 17:44:50 UTC
I have seen many ICOs launched by indian organization. And also in many ICOs the lead developers or blockchain analyst have been indians. So I think cryptocurrency will be a big thing in india despite the ban of it. I hope government will rethink and withdraw the ban of transaction of bitcoin.
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BoardBitcoin Discussion
Re: The existence of bitcoin is still lacking
by
cryptomonotize
on 30/06/2018, 16:59:01 UTC
I my country most of the people heard about bitcoin back in 2012 when it start to become popular. Back then medias seem to be okay this digital currency they openly telecast about it. Bot most of the people actually dont know whats is this and how it works because of lack of publicity and awareness.
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BoardBitcoin Discussion
Re: WIll bitcoin be the point of reference for other cryptocurrencies for ever?
by
cryptomonotize
on 30/06/2018, 16:44:30 UTC
Bitcoin is the first cryptocurrency ever and also it has presented a technology called Blockchain. So obviously other cryptocurrency's value will affected by bitcoin. Actually we are seeing now. All the coins value tends to follow the price of bitcoin. So it is the pioneer of all cryptocurrencies and will remain as such.
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BoardSpeculation
Re: the icos are the cause of the fall of bitcoin?
by
cryptomonotize
on 28/06/2018, 15:57:21 UTC
I am partially agree with you. I agree that scam ICOs are destroying the reputation of cryptocurrency and at this moments it is high time took necessary steps to prevent it. But on the other hand new ICOs are also building the community of cryptocurrency. The bigger the community the better the price. So new ICO other than scams are actually helping bitcoin.
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BoardAltcoin Discussion
Re: Where do you store your tokens?
by
cryptomonotize
on 26/06/2018, 17:31:14 UTC
Right now on myetherwallet. But i am planning to buy a Ledger nano s. Hearing lot of good things and advantages of hardware wallet so why not try one.
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BoardSpeculation
Re: Bitcoin - future money or big casino
by
cryptomonotize
on 26/06/2018, 17:28:17 UTC
Bitcoin is more like a gold, silver or you can say real state property. People invest on it because it has a great profitability. so i would not say that btc is casino. And talking about future money bitcoin has a possibility to achieve that but i think it will take time. It needs some major correction before that to happen.
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BoardAltcoin Discussion
Re: Bounty Share vs. Fixed Bounty Payout
by
cryptomonotize
on 23/06/2018, 21:07:39 UTC
Most of the bounties are Shared system. Though Fixed Bounty Payout has some advantages but Share Bounty is not bad also. Sometimes with share bounty you will get lot of tokens than fixed bounty.
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BoardAltcoin Discussion
Re: How does crypto currency change the lives of ordinary people?
by
cryptomonotize
on 23/06/2018, 17:26:39 UTC
Those ordinary people who have invested early are very rich now. But at this time it is getting very complicated. Price is so volatile that some are even loosing money because of this or some are afraid to invest. But again many new investor are rising and they are hoping for big profit.
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BoardBitcoin Discussion
Re: BITCOIN'S CURRENT ISSUE
by
cryptomonotize
on 23/06/2018, 17:08:57 UTC
The biggest fear for government is that bitcoin can be used in illegal business and they can not detect it because of the anonymity. That's why some countries forcing laws on Bitcoin. But I personally against the regulation of cryptocurrency as if it happens then there is no difference between cryptocurrency and fiat money.
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BoardAltcoin Discussion
Re: Football league rise Bitcoin price?
by
cryptomonotize
on 22/06/2018, 19:46:54 UTC
I dont think that bitcoin price has anything to do with the fifa world cup unless spectators buy their tickets with cryptocurrency. But however I hope that price get back to its glory form sooner.
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BoardAltcoin Discussion
Reason for Crypto Bears
by
cryptomonotize
on 22/06/2018, 18:44:53 UTC
From bitcoin.com I came to know that the prices start to decline after Japan's Financial Service Authority (FSA) told the exchanges that they need to upgrade their systems and anti-money laundering procedure. Do you think this reason causes the Crypto bear to come back.
Wait a bit longer, I think you will not need any more money. Altcoin values will follow the bitcoin. So hold your capital now, I think the downfall will go for next two or three months more.
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BoardSpeculation
Re: Will bitcoin keep falling?
by
cryptomonotize
on 22/06/2018, 18:25:22 UTC
From my perspective the price will go to 4K. I think it will take about two or three months. But as we all know the price is very unpredictable who knows next week it can be over 10K. Lets just see what happen. A lot of people are waiting for the minimum I guess.
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BoardAltcoin Discussion
Re: What affects your decision to take part in a Bounty Campaign?
by
cryptomonotize
on 21/06/2018, 16:25:27 UTC
Some key factors are bounty manager's history, Whitepaper, Social activities and responsiveness, Participation number. These are the factors that I think need to be checked before joining bounty.
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BoardAltcoin Discussion
Re: Will Fifa world cup will show any impact over BTC?
by
cryptomonotize
on 16/06/2018, 19:03:40 UTC
I have heard that match tickets can be bought with ethereum and Bitcoin but even If it is true I think nobody will spend their cryptocurrency for tickets. They will use their fiat money on it. And I also think that there is no connection between the BTC value nad fifa world cup.
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BoardBeginners & Help
Re: Can a blockchain system be destroyed?
by
cryptomonotize
on 15/06/2018, 17:50:56 UTC
If you have control over 50% of the nodes then it can be hacked. But Blockchain is not centralized. The ledger is distributed across nodes all over the world. So practically it is impossible to hack blockchain. But I've heard that a quantum computer may hack the blockchain system. I have to study it more in order to understand the quantum computing process.
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BoardBitcoin Discussion
Re: Is blockchain is a never ending process?
by
cryptomonotize
on 15/06/2018, 17:39:44 UTC
Its a digital data. The space for data in internet is continuously upgrading. So is the Blockchain. The miners are continuously conforming transactions and making blocks to be added in the chain. Their equipment is also upgrading to do more complicated equations as the meshes getting dense. So I think it will go further until it being stopped.