Telegram username: @frankcastello
ETH address: 0xabeaf20fd1bd2530d0111b6066ed1bd26a2b5771

I have a question about signature campaign

This is your link to join bounty campaign: https://www.pingpaid.com/bounty/signature/

Why are you asking for Translate ANN thread link ( google link ) and Translate whitepaper ( google link )?

What do you mean? I don't get what they have to do with signature campaign.

Is there any update about distribution? Does anyone here has received signature bounty tokens?

Nobody has crystal ball and we can't give a sure answer. Today there have been one good and one bad news.

The bad:
- BitHumb hacked for 30 millions $. It seem they'll give it back to customers. Deposits\Withdrawals are alted. https://www.reuters.com/article/us-crypto-currencies-southkorea/south-koreas-bithumb-loses-32-million-in-digital-money-heist-bitcoin-falls-idUSKBN1JG07F?il=0

The good:
- Tether is covered. Tether Inc. has enough reserves to cover its market value, according to a law firm (former-FBI): https://www.reuters.com/article/us-cryptocurrencies-tether/cryptocurrency-firm-tether-releases-law-firm-report-attesting-to-u-s-dollar-reserves-idUSKBN1JG1SB


It seems market right now is quite balanced seeing good and bad news. Let's hope BitHumb hack is limited to 30 millions so they can easily refund with fees.

You Do Your Own Research, you analize the coin GitHub, then watch at official website (if it's professional, has many features, wallet downloads, documentation), then you join communication channels, for example Telegram, Discord, you'll see community support and you can ask questions and try to understand if they are talking about just words or real development and things. Then you open CoinMarketCap and look at its ranking. If you think it has much more value than that reflected in ranking then you buy a stack (of course single coin value depends of its supply but with ranking you can't miss it). You HODL and maybe sooner or later people will realize what you have doing your research and will start to pump it. You then sell when you think it has reached deserved ranking and profit.

We could be in a good time to buy. Market is really oversold and latest drops were with low volumes, so maybe bear time is finished and at least some coin could pump. I watched at these coins and they seem really undervalued in comparison to ICO price:
- Bankera: succesful ICO, now under ICO price, that tries to unify crypto and banking experience, a real development backed and nice project.
- TravelFlex: they are trying to spread adoptions and some tweets seems to demonstrate they are doing it. Real case usage even if not spreaded still (limited to little Asia zone). Not a token, proprietary coin that could even do an upgrade to DAG algo in the future (it's in the roadmap).
- Blockonix (Bitindia's token, renamed): new trading exchange really responsive and good working.

Maybe they are just hoping. Humans are full of hope. They saw the 2017 pump and bet that 2018 will be the same after the bear market, to regain what they have lost and maybe more. Reality of course is different, it has to take into considerations that many bad things have happened, for example the Tether manipulation discovery:
- https://www.forbes.com/consent/?toURL=https://www.forbes.com/sites/johnwasik/2018/06/15/what-if-bitcoin-crypto-prices-are-being-manipulated/
or the fact that many ICOs are not rewarding at all because they made just high promises to obtain easy money, the Facebook\Google advertising ban, or even the fact that there is a great new selling pressure that has come from the CME\CBOE future (many actors are betting against cypto up to date), moreover the bubble could even be burst, so the market renaissance is not so certain.

It's better to ask yourself what you believe, starting from facts like these.

You definetely has some good points. We are actually speculators\gamblers in fact we are betting on a new world, new group of works around one single idea of technology (blockchain). The term "investor" is far better suited for those than invest in actual enterprise with real world products or service and usage. We, instead, in case of alts especially (with little exceptions like XRP, ETH, BCH, etc.), are putting our money into a dark zone, we hope those people that made the alt or the ICO will take care of the project they have described, we hope they'll make the future products or services they are promising and asking (our) money for. That's why crypto is tipically more rewarding than stock market (when bull market is ON), more risks more gains (and more losses in bear markets). Diversify is for sure the way to go, but yes, that we are gamblers it's a reality and in many cases we lose our gamble.

Yeah, must quote this. This market is not predictable and very high-volatile, moreover new highs are often seen after huge drops so you would risk to lose the big gains using stop losses when trend reverses itself. If you invested in many low-valued altcoins you should just consider that some could go to zero or near zero and hoping that with the other choices you will compensate losses on coin failures. It's better to point on dropped but value-oriented projects, supported by both strong development (GitHub) and community (Telegram\Discord and Twitter). Even if you don't buy the bottom I wouldn't put stop losses, because sooner or later a mega-pump could happen, when masses realize the project value and FOMO starts, and this can happen after historic lows.

I have read in Quantum1Net official Telegram group that they are thinking about not listing Q1S and list only the Gold Token after SWAP procedure (around end summer). Anyway it seems the project is not so active anymore. There are barely daily messages from admins\moderators and also Twitter and other socials are quite silent. I hope they are working hard about the release of the GOLD token, even if I would have prefered a lot the Q1S listing too, to give faith about the project value. In fact it doesn't seem the token is tradable, not in EtherDelta or other decentralized places too.

There is not a manual for this, or we would have a lot of rich bots, or maybe there exist some but for the majority of traders it's a real matter of luck (and little skill too). You have to do your own researches and idenfity undervalued projects with a lot of potenitality. Don't let your emotions bias your judgement, it's not very easy to distinguish between a valid project in the substance and one presented well at the surfice but lacking of real development, so you have to pay attention to details, GitHub in primis of course (quantity and quality of commitments) and maybe 'trusted' developers or advisors or auditing procedures, in secundis. When you have identified something you put some money in it and wait, sooner or later the market will find that little gem too and it will moon.

Storm, because it has real use case (micro-payments Storm App to obtain rewards in crypto for achievements),
Tron, if it keeps scalability promises (15.000tx/s) + many partnerships already established (great team too),
0x, because it's decentralized exchange protocol is already in use and it works remarkably well,
BCH, because it's Bitcoin without the artificial 1mb block limit,
XRP, because it's reliabale (some could argue 'trustable'), fast, almost feeless, has no scalability problems, has real customers.

I tell people Blockchain is a permissionless system to stores value, information and money and the first example of a money-blockchain is Bitcoin.

Most people put their money in the bank nowadays because they trust the bank with their savings. Although most banks have a small chance of bankruptcy, there is still a possibility every day that they can tell their clients that they do not have their money anymore (it already happened several times). What the bank does is storing how much money there is in a bank account, this is exactly what a blockchain does. In the case of the bank you don't own your money, in case of Blockchain if you own your private key you own the money. So why do we still take this risk, why do we not cut out the middle man and bear no risk?

You called it and it happened. We are having another crash, many ICOs are not getting their soft\hard cap, many coins are disappearing in oblivion. It could be healthy for crypto world, but it doesn't seem to be healthy right now, seeing also old-school projects are suffering just like other crap\scam coins. Unfortunately you were right: many projects existed just to make rich the founders so they deserved the crash, the problem is that victims are from masses that are losing faith in crypto. 'Store-of-value' narrative was one the strongest among BTC supporters, now it's just not valid anymore. Moreover high fees and scalability problems have shown BTC limits loud and clear. Add this to the fact 51% attack is a real menace for most low-hashrate mineable coins and maybe we are facing one of the worst times in crypto. I still don't get why hashrate is at ATH seeing that mining shouldn't be so profitable anymore.

This thread starts from a great assumption: that market sooner or later will recover. Reality tells other things. BTC has just broken long term trendline with high volumes and selling pressure, so no reversal is in sight, even if long-term sight.



Maybe sooner or later it will do a little recover but it's quite clear we won't see December\January levels in long long times. Neither are these good times to enter ALTs, seeing the drop may be still at the beginning:


They'll tell you to "buy the dip" but market can stay irrational more than you can stay solvent. Maybe best option right now is to keep your FIAT money, at least you won't lose it fast. Also HODL technique performed really bad lately. The bubble could have burst already and there is little to nothing we can do at this point. In 2 years everything can happen btw.

BTC just hitted 6500 (http://bitcointicker.co/) now, really difficult to be optimistic at these critical levels. There haven't been bad news today either or maybe they will tell us after market movements. To respond to thread starter: yes, definetely unhealthy, this neverending bear market feels exactely like a bubble burst. Better to stay FIAT until a serious reversal signal is spotted. Do I have missed some bad news for today or just whales dumping hard?

This time Coindesk read it correctly: https://www.coindesk.com/dead-cat-bounce-bitcoin-may-struggle-hold-7k/

It has been definetely a dead cat bounce.

Yes, they are, they are easily 51% attackable too but the bad thing is that the whole market is falling hard (it seems network security is not so priced in first minable coins or XRP consensus system), starting from BTC. We have just had another major volume drop in last hour, back to 6,7 in no time. Unfortunately coins fiesta seems over. Exchanges obtaining banking is not enough it seems, moreover many whales are using those banking link to sell and cash out in stead of buying. Strange thing hashrate keeps climbing (near 36K PH/s BTC alone), so miners are betting on a bull run or they have received equipment lately after buying during FOMO and trying to cover costs. If the drops continues it won't be profitable anymore btw and things will get really bad.

When many people sell buy orderook is cleaned up and price goes down. We are in a period of bear market (sellers are more than buyers) and pressure is really high. People are selling on news, they fear government regulations and maybe the bubble has burst (too much manipulation and whales like MtGox trustee selling, USDT uncertainty and lack of audit and so on). There are also good news like Bittrex FIAT banking and Binance banking announcement but 'mysterious whales' are keeping selling, while the hashrate is still at record levels.

See how much panic this single news created:
- https://cointelegraph.com/news/all-of-top-100-cryptocurrencies-see-red-amidst-cftc-price-manipulation-probe

Maybe you should just wait in FIAT until there are some more news about it. I don't get why crypto people are so scared, maybe they think price is really manipulated so they are part of a not so clean game. In the opposite case why should investors panic like that?

Many thinks the recent drop has to be linked to south korean little exchange hack:
- https://www.cnbc.com/2018/06/10/bitcoin-tumbles-10-percent-after-news-of-south-korea-crypto-exchange-hack.html

But I (and John McAfee too) think the first is the right news. Anyway the market is really weak. Good news do nothing and bad news (or mixed news, investigation is not over yet) cause massive drop. Watch out a bit more and decide after more drops that probably will come.

People it appears I have won at the official Enkronos contest here:
- https://contestdream.com/contests/80

The message I used to receive told me I have lost, but I have just obtained a different message that ended with "and you won".

Nothing appeared about the prize by the way. What do I have won and where can I see it? Does anyone know? How will they send me tokens seeing no ETH wallet is present on my profile (neither is requested)?

Btw nice idea about the contest and the project is really filled with substance (credit merit for compaign is definetely a good idea and ICO ratings at top levels is a clear sign of that).