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Showing 20 of 245 results by omedian
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Board Altcoin Discussion
Re: Why many projects are dead
by
omedian
on 26/10/2018, 10:59:42 UTC
That should be expected as it is a natural principle. Most projects are dead because of poor management by the team members because they lack the expertise in crypto and failed to seek for counsel from experts. Also, projects with no backing product or tangible ideology behind is likely to go down the drain as it will lose the interest of potential investors.
I agree with your thoughts, apart from SCAMs there were many weak ICOs that had raised enough funds during the peak of hype around crypto and failed when the market changed the direction. Only the projects with a strong community around and with a decent MVP will succeed.
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Board Altcoin Discussion
Re: Who controls the market?
by
omedian
on 26/10/2018, 10:52:03 UTC
Remember, this whole thing about crypto is largely decentralized, thus, there is no single authoritative body in control of the crypto market. Although there are few centralized platforms among crypto, the market is largely influenced by the efforts and influence of the users of crypto. How well sellers and buyers treat the coins on the market affect the performance of the market.
I think BTC whales greatly impact on the market direction, they have enough funds to pump or dump any altcoin. My another assumption is that many big traders use trading bots that work almost simultaneously and when the market is going up (or down) we can see changes in the price of the top 10-30 cryptocurrencies. These are just my own thoughts...
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Board Altcoin Discussion
Re: Crypto is your full time job?
by
omedian
on 25/10/2018, 18:47:27 UTC
Hey guys. Today I want to discuss the theme related to work. Do you have a full time job and crypto is just an additional way to earn money? Or you are working with crypto everyday and It takes all your time. If so how much do you earn per month? Interesting to learn more about crypto investors.
Nowadays crypto is not as profitable as it was in December-January. At that time it could replace the main job for me, but today I can review it only as a side-job. Just compare the numbers on BountyHive, the top 5 bounty hunters earned 100-150 ETH per Month ( Shocked Shocked Shocked) today they earn like 12-16 ETH...
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Topic
Board Altcoin Discussion
Re: How to protect your wallet from hackers
by
omedian
on 25/10/2018, 18:38:44 UTC
This is for those who use wallets with cheap transaction fee, such as ethereum based wallets.
There are some who cannot yet afford to purchase a hardware wallet. On that note, i have a suggestion on how your wallet can be safe from hackers. I have always noticed wallets that get easily hacked are those that are subject to public view.
Try as much as possible to have a separate cold wallet address that you do not copy and paste the private key, and neither do you share the address with anyone. You can use it to store most of your valuable coins.
Even if you want to transfer any coin or token to an address belonging to another person, first transfer it to your public wallet before sending it out.
I think people just need to follow the basic rules of security: double check the website address before authorization (make a bookmark), don't provide your personal data and private keys to anyone, and stay away from suspicious sites.
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Topic
Board Speculation (Altcoins)
Re: HODLing will get you nowhere
by
omedian
on 25/10/2018, 18:31:16 UTC
The past week, as I've been looking to invest in recently finished ICOs since most of their prices are way below ICO price, I noticed the same thing mentioned over and over in their telegram channels.
Listen very closely yo: The price will never rise if everyone HODls!
Prices are boosted through supply and demand and if a vast majority of people who own the coin are not trading it, than you are severely cutting in to that chain.
Instead of Hodling, you should be buying and making strategic trade choices.
Sometimes HODL is not the best option, but what should bounty hunters do when after listing the token price decreases in almost 6-8 times compared to the Token Sale price??? If they will sell low, someone buy their tokens and sell high when the price go up again and those who sold low will have FOMO after all this... Think twice before taking any actions.
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Board Altcoin Discussion
Re: Why Should you invest in Neo ?
by
omedian
on 24/10/2018, 12:01:23 UTC
Hello guys !
I'm not gonna make a topic about the main qualities of neo , because you may know ...
  Yes , NEO is a huge project , that's certain.
Here , I will approach the financial aspect.
Indeed , you might know that when you hold NEO , you will have gas (dividend).
.....
Yeah, that's a great advantage of NEO, it rewards long term holders - the more NEO you hold, the more rewards you can get. NEO is a reliable project with big plans for 2018-2019 years, the price updated its minimums. If I had some spare money on hand, I would buy some NEO coins for the long-term.
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Topic
Board Altcoin Discussion
Re: Cryptocurrency is a bubble?
by
omedian
on 24/10/2018, 11:54:10 UTC
Hello. I want to hear your opinion. Cryptocurrency is a bubble? How long will it last? Is it worth continuing to invest in it?
Nope, cryptocurrency is not a bubble but a very risky field for investors because of lack of regulations, FUD and other manipulations. If you want to see a bubble, take a look at the chart of Bitconnect on CMC.
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Board Altcoin Discussion
Re: Is it worth buying low-volume tokens?
by
omedian
on 24/10/2018, 11:50:26 UTC
I noticed this phenomenon. Often someone buys up all the proposed tokens with a small amount of trading (for example, look at SMT on hitbtc this night), and after a few days these tokens go up in price very much. Is it worth buying such a token?
I tried to make profit on trading low volume altcoin once, and the results were quite positive until one day  that coin lost 50% of its value because of dump, fortunately  the price recovered within a week. It's rather risky to trade low-volume altcoins, because of unpredictable pumps and dumps...
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Board Altcoin Discussion
Re: ETH so popular
by
omedian
on 21/10/2018, 10:18:02 UTC
Eth has become popular, do you know the reasons?
I think people are too stress with BTC decreasing, then they sell BTC out to buy more ETh.  
Just compare the charts of BTC and ETH, ETH has lost about 88% from its all time high while BTC only 65%. The answer is obvious - BTC is getting more stable in price.
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Board Altcoin Discussion
Re: Where do you find interesting ICO ?
by
omedian
on 20/10/2018, 18:01:56 UTC
Where do you find interesting ICO or crypto projects to invest ? Here on bitcointalk announcements or on other websites related to new ICO  announcements !
I have been checking new announcements on this forum everyday for almost 3 months. From my experience I would say that you may find 2-3 promising ICOs per week at best. That's why it's easier to use different ICO trackers like ICObench.
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Board Archival
Re: So many Bounties-Which one is trusted?
by
omedian
on 20/10/2018, 17:57:16 UTC
I have checked the latest active bounties on bountylord.com and found many of them but only few are rated as 3 or 4 so any of you here working for any of those bounties listed there and found it trusted source of earning stakes/tokens/coins... I want to do the twitter campaign...
Hmm... never heard about this site, for newcomers I would recommend to use reliable sources such as BountyHive or BountyPlatform, they collect the most trustworthy bounty campaigns. 
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Board Altcoin Discussion
Re: Will Monero become next BTC?
by
omedian
on 20/10/2018, 17:54:05 UTC
Currently, Monero is the 10th largest coin by market capitalization. Crypto miners are attracted to Monero because it has emerged as the most profitable altcoin in the past few months.
A research firm Satis Group, which forecasts the cryptocurrency market and the fate of individual cryptocurrencies, published a reporting stating that Monero could be worth $18,000 within the next five years. That represents a more than an 18,000% increase from its present value, which stands at just over $106.
From"Monero's price: all you need to know"
How do you think about XMP? Another BTC?
Nope, BTC won't be replaced by any of altcoins at least in the next 10 years, this is a digital gold) However, XMP may be ranked first among the anonymous cryptocurrencies.
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Board Speculation (Altcoins)
Re: 2018 is the year of altcoins
by
omedian
on 20/10/2018, 17:50:22 UTC
to get dumped and forgotten. Not all of course.
I would say 2018 is the year of disappointment for the those who entered this market in December-January. I'm glad to see with the Autumn many altcoins have changed their down trend and going up.
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Board Altcoin Discussion
Re: Why people try to create their own coins?
by
omedian
on 19/10/2018, 10:32:20 UTC
There are so many coins, but many of them just a copy of anothers. Why they waste their time for nothing? Grin
Maybe some people are interested in the technology and try to start their own project, be creative. But mostly this is just because of money, it's very unlikely to see a reliable project made by amateurs.
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Board Altcoin Discussion
Re: Have you make money from ICO?
by
omedian
on 19/10/2018, 10:28:29 UTC
An initial coin offering is similar in concept to an initial public offering (IPO), both a process in which companies raise capital, while an ICO is an investment that gives the investor a cryptocoin, more commonly known as a coin or a token in return for investment, which is quite different to the issuance of securities as is the case in an IPO investment. Do you invest in ICO? and has you make money from it?
The industry of ICOs is not really profitable today, many good projects can't even reach the Soft Cap. If there would be any reliable platforms for investors, that could give assurances, then things would get better.
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Board Altcoin Discussion
Re: Why Government does not like crypto?
by
omedian
on 19/10/2018, 10:19:45 UTC
Cryptocurrency is the most popular terms nowadays. People like cryptocurrency so much. Many people are involving in the crypto world. Everyone wants to earn money from cryptocurrency. While people are liking cryptocurrency, Government does not like it at all. In some countries, the government banned the cryptocurrency. What is the reason behind this banned?
Crypto is a really young and unstable market, that is just in the beginning of its establishment. Governments don't know how to adopt this technology, but I think in due time we will see that the monetary system will be shifted into blockchain.
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Board Altcoin Discussion
Re: Is the price of ethereum dependent on bitcoin?
by
omedian
on 12/10/2018, 10:59:42 UTC
Most people have the mindset that the price of ethereum rises with bitcoin and vice versa. How true is this?
The price of Bitcoin, to some extent, effects on the whole crypto market and when the price really falls down, we see the whole market in red. But every altcoin has its own trade cycles, when the team announces any positive news, then the price may change in a positive direction.
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Board Altcoin Discussion
Re: Why People Choose Cryptocurrency?
by
omedian
on 12/10/2018, 10:49:37 UTC
Why People Choose Cryptocurrency? Any Need?
We are into commodity trading, and we are building a platform which will support the trade of commodities with cryptos. We are trying  to make commodity trading very easy
That's why New Zone choose cryptocurrency world. It opens up a whole new avenues for everyone.
Because Bitcoin is a like a new gold, this market is the most volatile, alive and therefore profitable for traders. I think not too many people are ready to use cryptocurrency as a method of payment due to its volatility.
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Board Altcoin Discussion
Re: NEO vs ADA
by
omedian
on 11/10/2018, 16:17:04 UTC
Yes I know that have nothing do do with each other and that you cant really compare. But if you had to choose one from the other. which would it be?
I think I would choose NEO because it has an existing working product, this project has support from Chinese Government and its community is growing really fast, more and more projects decide to use this platform. ADA has a great roadmap but there are too many things need to be done.
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Board Altcoin Discussion
Re: Why do Bounty Hunters Sell Immediately they receive reward?
by
omedian
on 11/10/2018, 16:12:11 UTC
Many ICOs have realized that Bounty hunters always sell their coins immediately they give it out to their wallets especially when they are on exchanges. What are the reasons why they sell it out and what should bounty hunters do when they are given the tokens.
I think many of them are here, in crypto because of money. Others exchange their tokens right after listing for ETH because it's more reliable when a market trend is bearish.