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Showing 20 of 265 results by nominee
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Topic
Board Altcoin Discussion
Re: Will every crypto coin survive?
by
nominee
on 25/09/2018, 00:44:11 UTC
I think that 95% of crypto coins and tokens won't survive and the reason is that a crypto coin in order to survive and get value it has to be accepted as a way of payment for purchase goods or services.
Very few coins will manage to do it at the end of the day and of course these coins will get enormous value.
The only thing you have to do is to find out which coins will enter the market of real currencies.

I think all the "payment coins" will not survive. The ones with the most adoption will suffocate the rest. Tokens that aren't "payment utility" but offer other services like Vechain will survive easier on the long run.
On the long run I can still see a big percentage of coin failing due to this payment factor, maybe not up to 95% for already listed tokens. I have also seen high demand affect some token to high dump like the ethereum but on the long run there would be more competition for token with similar purposes

Surviving in this ecosystem is not the only thing. You can survive but you may not be providing any benefits to your community. And then what's the purpose of this so called survival?

Instead of this we need to focus on platform development for the coins that we supported.
Post
Topic
Board Speculation (Altcoins)
Re: Ethereum To Be $5000-$10000 in 2018?
by
nominee
on 16/08/2018, 02:36:30 UTC
You can really tell that this thread started at the back end of 2017. Back then, $5k for ETH in a year's time seemed quite possible. But after a difficult year so far for all of crypto, personally I'd be happy to see ETH at $1k by year end. I don't think we'll see anything quite like that Dec2017-Jan2018 rise anytime soon.

I remember tons of people said ethereum would turn back to $20 when it hit $50 in 2017 but then what happened? Ethereum reached $1450 and then those people all disappeared.

Ethereum is strong and it's gonna be the most precious coin of the world. Old ATH will be reached, trust me.
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Topic
Board Trading Discussion
Re: Do you think its the right time to sell Bitcoin ?
by
nominee
on 11/07/2018, 16:52:45 UTC
Do you think it will be the best time to sell as there are two kind of speculations one says the value of bitcoin will reach $20,000 by 2018 and there are also speculations that the bitcoin might go through a dump in upcoming days but i know we cannot believe into random predictions by random users due to the volatility of bitcoin but i need some suggestions whether to hold on to bitcoin or sell it out and invest some of it into altcoins and then wait for the price drop to reinvest into bitcoin which i am not sure will happen or not.
I think it is the right time to sell Bitcoin. Because at the present time, Bitcoin prices have fallen dramatically from $ 20k to $ 6k5. Bitcoin is a bubble and it can increase or decrease sharply at any time. So selling Bitcoin at the end of 2017 is a very smart decision.

Investing In bitcoin when It's still In a low price and Increase just In a week, then you may sell your bitcoin atleast you earn a little bit profits from It, In a short time. But If you want a bigger profits, try to hold In long-term period.

Selling bitcoin is not reasonable for me. It's for holding for the future prices. Don't forget that bitcoin's mining reward will be halved in 2020 and this will cause a great price inflation in bitcoin.

Mining action will be a major thing for the future price of bitcoin.
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Topic
Board Speculation (Altcoins)
Re: Can you still get rich with crypto?
by
nominee
on 31/05/2018, 14:13:30 UTC
Most of the old user's in this forum probably get rich right now and I think that everyone else in the crypto-sphere would also have a chance to get rich as long as you do the right investment on potential coins and stay away from scam projects.

This is not that easy, we're not in the old years. In the very early stages of the era, people were able to get rich with coins. Now, it's not that easy to get rich, because the competiton is hard now.
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Topic
Board Speculation (Altcoins)
Re: ETH will go down or up?
by
nominee
on 31/05/2018, 14:00:08 UTC
As for me, ETH should become very expensive this year. I like Vitalik, because he constantly improves this project. It's the main reason for price to grow. The coin is always in high demand. This coin is good for long-term investment.

During the last months, it's hard to predict the answer. ETH is still demanded by a lot of big investors. The price should go up. Then we can expect a rise from ETH. Venture capitals will also buy it more frequently.
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Topic
Board Speculation
Re: Will we ever see 20k+ again?
by
nominee
on 31/05/2018, 13:52:52 UTC
For sure we would but it would take some time before it recovers and get that price again,
If the price keeps on recovering and rise up again we could see it again before this year ends,
Maybe next year we could get way more higher than $20,000 .

Of course we will see high prices again. This $20k price was not a one time achievement for bitcoin. It will be reached out once again. Exchange platforms need more investors and this will happen very soon.
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Topic
Board Speculation
Re: Why Bitcoin Price Going Down?
by
nominee
on 29/05/2018, 18:42:56 UTC
Because it fluctuates every year. It is normal that people are buying btc to increase the value and sell their bitcoin also when the value increase. The supply and demand applied in bitcoin that's why it is increasing and decreasing at the same time. People who are not good at trading makes bitcoin comes down also.
Yeah falling prices are a natural thing of bitcoin price changes in the market, and we don't need to panic because of this, but the question is what makes the bitcoin price steadily declining in recent weeks? because there is nothing surprising about bitcoin price changes this month
It is good to hold your bitcoin at the time of falling price, as you said it is very natural for bitcoin that it often decreases the price but the suddenly it rise very high, so if some people have sold their bitcoin which made the price down it does not mean you also become worry, sell panic and contribute to the price to become more than this, don’t panic as it will be your contribution in dumping, so hold and let it be high.

Big institution owners don't want crypto to be valuable. They want to rule their world. They want to become richer. They want more central structures to control all the people earning and spending money in the world. This is the main reason.
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Topic
Board Speculation (Altcoins)
Re: altcoins for 2-3 years holding!
by
nominee
on 29/05/2018, 18:35:50 UTC
I would go for coins that have solid roadmaps that are being hit.

Coins such as ADA should increase dramatically in 2 years time as they become more mainstream, and are seen as a "V3 Blockchain" by many.

NEO is also a good one to hold as you have mentioned, you get GAS as your interest which is a great benefit.

Cardano (ADA) is a good project in Assia. It has a good potential. I don't agree with neo. It's good to stake some gas but itself it's not that amazing. Ethereum is much better than neo. I can also say monero is a good coin for holding.
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Topic
Board Altcoin Discussion
Re: Ethereum Potential
by
nominee
on 29/05/2018, 18:17:22 UTC
I think that this year we should not expect a special pump of the Ethereum, because this coin is slowly recovering, but given the growing popularity, the capitalization will only grow.

Dude you can never know this. Last year lots of people told to sell ethereum for $55 and they told that ethereum will be going down hard. Couple of months after this, ethereum went up to $1,400 and nobody could believe this.
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Topic
Board Trading Discussion
Re: The Best Time To Exit Trading
by
nominee
on 28/05/2018, 18:33:24 UTC
I think its is totally the opposite of it. It might be the best time for trading since the prices are low many potential investors must be showing good interest in buying so good coins that might have some good value in the future. Those who trade crypto with small amount hoping to get big will get stuck from all the bearish price and finally panic sell when he can't handle the FUD

I don't know if you're talking about a permanent exit, but exiting trading is not a simple decission to take at once. If you will exit trading, you should select the best time for this. The term best is not objective, it's very subjective.
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Topic
Board Economics
Re: Why I am quitting ICO's
by
nominee
on 28/05/2018, 17:31:40 UTC
And I am in line with you bung, I doubt the average of ICO. most of them after succeeding in the ICO phase as if they lost their original principles and goals early in the introduction of the product (token or coin). Their tokens are just hanging around the market just like the others that work only for trading. I prefer to invest in BTC or other altcoins that they obviously have real value.

I won't quit ICOs personally, I like some of them and I will buy their tokens. This is not only because of my speculative purposes, this is also because of my personal decission. I like the concept in general and I trust legit ones.
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Topic
Board Speculation (Altcoins)
Re: [LTC] Litecoin future in 2018
by
nominee
on 28/05/2018, 17:18:35 UTC
Dying time for LTC is now, there are a few people that still hodling it, but that's mainly cause they got into ltc when it was too expensive and they can't sell it wihout profit

I don't think so. I know many people that holds LTC long term including me. I purchased mine since last year. The market is not performing well lately and that is the main reason. Community and usage wise LTC is probably right there after BTC and ETH.

LTC is a long term projects and it has a support behind. People know it's a real project and keep giving their best for the rise of litecoin. Only sad thing was the selling done by that Assian person on september 2017.
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Topic
Board Service Discussion (Altcoins)
Re: Bounty Rewards: Sell immediately or HODL?
by
nominee
on 28/05/2018, 17:06:09 UTC
I sell immediately only what I think hopeless, but very often I was mistake, now I think it is necessary to long hold coins received on bounty

Holding is valid for any case in crypto related participations. You can support a project to earn tokens, you can start mining, you can start trading, all of them require holding, HODL concept is important here.
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Topic
Board Speculation (Altcoins)
Re: Can ethereum reach the top?
by
nominee
on 27/05/2018, 12:44:47 UTC
Although bitcoin prices are down, I believe bitcoin will rebound in the near future. So bitcoin would be a great choice. I think so !
To crown it all, Ethereum (ETH) has a high capacity to dethrone the big bull who is currently running out of gas. But it cannot be underestimated, Bitcoin (BTC) has the ability to break any price level and therefore investors should be patient in decision making.

ETH will reach the top after Q3 this year. Remember the last year, the same applied, ethereum suffered a bit, then it made as high as $1450 in a short period of time. The same will be repeated most probably.
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Topic
Board Speculation
Re: Will Bitcoin continue to rise?
by
nominee
on 26/05/2018, 12:20:33 UTC
it's really because now the bitcoin is back pumping the price. therefore we should all support bitcoin and look for lots of investors to invest in bitcoin so the bitcoin price is rapidly rising
I hope so. There was a fall in the values of the coin the last week and it fell by more than a thousand dollar but this is okay and people will never loose until they sell during the dip. The market will recover soon and might even rise beyond the expected values the experts say. The profitability is something most desired by the investors and this is the reason the prices will rise.

The last fall caused by panic simply. Lots of traders are panicking when prices go red and they start selling their bitcoins too. This is a wrong behavior. Traders should be more brave and they should hold their assets in long term.
Post
Topic
Board Economics
Re: Is banking still important in the bitcoin era?
by
nominee
on 25/05/2018, 14:05:49 UTC
Financial institutions are not going to disappear, crypto or not. The are an essential, integral part of the current economic system. Retail banking is just a small part of it, financial institutions providing capitals for corporations are much more important, and crypto is of no danger for them.

 
The banking system is very much important with the Bitcoin crytpo currency trading market, not to mention the important of Financial Banking System of its country, this the soul of one country economy. No country can survive with out the Financial institution or the Banking system, they are the one  in charged  on money circulation, control of possible over supply or over circulation resulting to inflation which bad to its economy. We have to accept the facts that banking system will remains as the growing acceptance on crypto currency trading transaction is very much visible on the market treed.

Without banking system, you can't deposit money to your exchange and you can't take your money out to your account. Banks are needed but their era will end within years with the rise of blockchain technologies.
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Topic
Board Speculation (Altcoins)
Re: Next 100x?
by
nominee
on 25/05/2018, 13:57:26 UTC
I believe in DENT. It seems to me that this coin can multiply your capital several times. This is a very interesting and promising project.

It already made its hype last months on december and january. Then you better not expect a 100x from DENT once again. You need to look at something around $0.005 or $0.01 at most to get 100x return.
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Topic
Board Speculation (Altcoins)
Re: Market Goes Down and Down
by
nominee
on 25/05/2018, 13:41:35 UTC
For me, this is a problem that you don't need to worry about because my money is not all invested into it. The current decline is only temporary. You should invest in this fall. This is my suggestion. Because the policies of some countries lead to this fluctuation, there is no need to worry about it.
you are right, the price recovery will happen in the next few weeks, this is usually the case when there are new regulations from various countries, after all the affairs can be resolved the recovery will gradually look

This market goes up and down and people make money of it. If this doesn't happen, nobody can make money of it. People would stuck somewhere.
Post
Topic
Board Altcoin Discussion
Re: What is your biggest regrets in cryptocurrency?
by
nominee
on 20/05/2018, 19:29:26 UTC
My biggest regret is that when the price of etherum is around 100$ and I had not buy it. Because during that time I am not able to believe that the price of etherum will grow up soon. It is my bad luck that I did not buy it.

You can buy now massive amounts of Oyster Shell as it is trading for 0.15USD on Kucoin since yesterday and I think the vision of Shellis bigger and more disruptive than Oyster Pearl, I recommend to read more about it.

I sold some bitcoin when it was only $1200 and this is a bad thing for me. I was not patient, I couldn't hold my bitcoins. The result was very very bad for me. I missed thousands of dollars at the end.
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Topic
Board Speculation (Altcoins)
Re: I need to double 4,000 USD in 2 weeks
by
nominee
on 20/05/2018, 19:19:16 UTC
That could be possible with bitcoin or even in other altcoins. If you have had invested in cryptocurrencies in a diverse approach, then chances are, you can double up your investment or even triple it at its best. I have already experienced it when bitcoin rises to 20,000$ last year plus the altcoins that i have because its market price also rises during that time.

Doubling and this kind of things are dangerous things. Never try to make your money doubled. This is risky, always stay in the safe zone. Get reasonable profits always.