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Showing 20 of 294 results by phreakk
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Board Bounties (Altcoins)
Re: [BOUNTY][RTC] RATEONIUM - 2 500 000 RTC REWARDS FOR SPREADING THE WORD
by
phreakk
on 19/08/2018, 14:48:09 UTC
#proof authentication

Campaign: Signature
Bitcointalk username: phreakk
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=196736
Telegram Username: @phreakk
ETH address: 0xb20a29389af6709363b4f86795ec81eda4c05a44

Use Avatar: Yes
Post
Topic
Board Economics
Re: Economic and Bitcoin Market Talk - Ex-JP Morgan host
by
phreakk
on 05/08/2018, 23:34:07 UTC
Podcast are great to inform the public some insights and trading strategy. Better than wasting time watching YouTube videos about cats doing stupid things. These type of programs may help newbies to not just sell their coins in times of FUD or a bearish downtrend. This is a good way to learn from the experts and pros they're trading strategies.

Indeed. The problem, however, is that it's hard to find quality podcasts. So many podcasts try to lure you into doing certain things or are simply not useful.
Though I agree almost anything is better than watching cats doing stupid things on YouTube, wasting your time on useless programs is sorta pointless as well.

So yeah, these programs may help newbies with that, or the podcasts spread more FUD and the newbies start selling even more... There's the dark side, sadly  Cry
Post
Topic
Board Economics
Re: Isnt it time to give up cryptocurrency ranking
by
phreakk
on 29/07/2018, 14:36:28 UTC
Ranking by the market cap is coming from traditional markets. I hope we will find another ranking methods to sort crypto currencies.

It's a fairly old ranking method, but it's the most effective one I know of... It would be awesome to find a better method, but I doubt that's gonna happen anytime soon.

We'll have to cope with the current way of ranking. It's not always as handy as we may want it to be, but overall, it offers the highest reliability of all methods I've been presented.
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Topic
Board Altcoin Discussion
Re: How to Identify Cryptocurrency and ICO Scams!
by
phreakk
on 29/07/2018, 14:28:34 UTC
Nice, but next time you could try sourcing your information... That could give you some more reliability and the original authors some credit.

Here is the link to its likely source for anyone interested: https://www.investopedia.com/tech/how-identify-cryptocurrency-and-ico-scams/
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Topic
Board Altcoin Discussion
Re: Is Litecoin a Snail/slow coin?
by
phreakk
on 28/02/2018, 10:48:21 UTC
honestly after watching litecoins for years the coins is definition of snail.
moves so slowly.
why people love it and go dam crazy about it so much i do not know.

litecoin was launched in 2011 and its still not hit $500.
ethereum was introduced in 2015 and it has grown so much.

litecoin is so slow.

"Rather rising slow, than diving low"

Though it is growing pretty slowly, as you've noticed, it's definitely not some crap. People love it, because Bitcoin has proven that it's possible for cryptocurrencies to enter a hundred-billion dollar market.

How is that relevant to Litecoin? Well, in many people's eyes, Litecoin is superior to Bitcoin: Faster & Cheaper transactions and a growing acceptance across the internet.
With a supply 4 times as high as Bitcoin, Litecoin's potential, if it'd grow to Bitcoin's heights, is thus a price that's 25% of Bitcoin's, thus entering a value of thousands of dollars. That, together with an active community supporting it.

Bitcoin's price is mainly based on "OMG, so many peoples knows it so I must buy buy buy coz others will buy buy buy then grow larger price then me rich me rich yes yes yes". Not an insanely intelligent kind of investor, most of the time.
Litecoin's price isn't based on that (yet). Sadly, it has many competitors too and that keeps it from growing very rapidly. It's market cap is still 11 billion dollars, which is very likely more money than all of you together will ever obtain.
Ethereum grew as rapidly, because so many ICOs (mostly scam/shit ones), put their tokens on the Ethereum blockchain and accept it in their Token Sale.

So don't compare it to other coins too much. Litecoin is a great coin. Though it grows slowly, it's actually more of a future-proof coin: Low Volatility will make people trust it more.


Post
Topic
Board Meta
Re: Spamming scams now in every thread possible - great new tactic :(
by
phreakk
on 28/02/2018, 10:23:04 UTC
Hey check this out - https://bitcointalk.org/index.php?action=profile;u=1575000;sa=showPosts

Literally spamming that scam ICO every 1-3 minutes and he/she has been doing it for a while now. I mean seriously wtf.

I saw this dude's shitposting in about 20 threads before finally reporting the crap to the mods. I have never reported anything, but this is just disgusting. I have been on these forums a lot and I have yet to see anything like this...hopefully his account will be banned soon and the scam spamming can stop.

Made this thread as a heads up to people that can get his/her account shut down asap and save some people from losing money as well as the forum from more trash it doesn't need.

I also just came across this. Scanning the forums and finding this in every thread. I just checked and he posted that scam in 42 threads. That number might still grow larger.

Good work on reporting him. I've done so too... Let's hope he gets a fair punishment, as this is, like you said, disgusting.
Post
Topic
Board Altcoin Discussion
Re: ICO’s of the week: from 12 to 18 February
by
phreakk
on 28/02/2018, 10:20:43 UTC
The second week of February with more than 120 ICOs according to Bitcoiner.Today.com:


February 12:
AffiliateCoin   AffiliateCoin is here to revolutionise Affiliate Marketing, powered by the security, support and investment capacity of cryptocurrency.
BAIKALIKA (Pre-ICO)    Blockchain tech for Baikal water mining and distribution.
BUZZSHOW (Pre-ICO)    A fully developed reward based social media video network that rewards users with BuzzShow Goldies Tokens for creating, curating, sharing & viewing videos
CRAFTY   A free, blockchain based home services platform.
CrowdCoinage   CrowdCoinage plans to change how startups will be raising funds for their projects.
EXSULCOIN   Using blockchain technology to help refugees.
Freerange (Pre-ICO)   a global free market for reputable knowledge
Globcoin (Pre-ICO)   tokenized currency basket
HELVETICOIN (Pre-ICO)    A global, blockchain-based crowdfunding platform.
HUSH   Building a regulated, tokenized, cryptocurrency compatible bank.
JET8   Democratizing Influence
JURY.ONLINE   A decentralized platform for dispute resolution.
Lescovex (Pre-ICO)   Creation and exchange of digital assets
MYODDZ.BET   sports bets, P2P betting, Casino (slots, roulette, craps), Dice, Coin Flip, Poker
PEER MOUNTAIN   A decentralized ID protection, trust, and compliance ecosystem.
PLAY2LIVE   A blockchain-based streaming platform for gamers a
Refereum   Refereum cuts out the marketing middleman by directly rewarding influencers and gamers to promote and play video games.
Smart Healthcare Today   First person-centric healthcare system
SMARTHEALTHCARETODAY   A blockchain platform for the healthcare industry.
SPHERE SOCIAL   A next generation, decentralized social media network.
Sphere Social   Sphere Network is a next-generation decentralized Social Media network.
Synapse   Decentralized Data and AI Marketplace
UPTICK   A trading platform. More details will be released soon.
YOURBLOCK   An incentivized personal data storage platform.

Read more: https://bitcoiner.today/en/icos-of-the-week-from-12-to-18-february/

120 ICOs in a week... If that happens every week, there would be over 6000 ICOs per year...   Shocked

It makes it so hard to pick good ICOs.. Only a couple of these 120 might have any potential inside them. Offers plenty of Bounty possibilities though   Cheesy
Post
Topic
Board Trading Discussion
Re: Best Signal channel on Telegram. CrytoX
by
phreakk
on 28/02/2018, 10:11:27 UTC
Hi everyone, I would like to invite you to join to this amazing channel on telegram. They provide strong and analyzed signals for you buying coins.
You can make profit everyday. They share short/mid/long term signals.
All you must do is follow then, pin the channel to the top, pay attention what they say and wait for profit Cheesy

Get in now.
http://t.me/vipsignalsmarketplace or search/follow @vipsignalsmarketplace on telegram

1. There are many other channels calling themselves the best. Calling yourself the best isn't really a green flag for anyone looking into joining your group.
2. Sadly, following your advice could lead to immediate losses. Some rando saying CrytoX is worth it, isn't really gonna solve that. Why would anyone trust you with their money?

CryptoX is legit. I follow lots of Telegram groups for crypto signals and they are definitely one of the best. The fees for their paid channel are very reasonable compared to most of the others. They share plenty of signals on their free channel too. They also provide you with upcoming news and resources to improve your trading knowledge. Admins are very helpful and supportive. Highly recommend, check them out - https://t.me/vipsignalsmarketplace

3. Creating an alternative account and promoting your group with it. That's a red flag.

I highly recommend against following this group. You'd be better off joining good Signal channels (which are most likely paid, but that could definitely be worth it). Or just invest in whatever you think is the best option, by yourselves. Whatever you do, don't join this crap.

Post
Topic
Board Trading Discussion
Re: Bitcoin Weekly Chart
by
phreakk
on 28/02/2018, 10:04:16 UTC


Bitcoin plays a very important role in the crypto world. It can influence on other cryptomarkets positively and push them to new highs. It will be a good idea, if we look at BTCUSD -0.20% market closely and try to predict further price movements. In order to get better understanding about this market, I'm going to make a detailed market overview based on the weekly, daily and 4H charts. Let's start from the weekly, as it can show the main tendency for several months ahead.

Based on the weekly chart we can see that the market is in the uptrend. The price reached 20000.00 level and after that we got a correction movement. When the market dropped to the support zone , formed by SMA50, 6000.00 level and the uptrend line, we got a price reversal confirmed by RSI and the bullish candle. Now the price is at the downtrend line and the market is going to break this resistance and move higher. If so, it will be a solid signal telling us that the market will continue the uptrend.

Let’s look at the indicators. RSI confirms price reversal from the support zone at SMA50. MACD histogram is going to support the upward movement. DMI confirms trend market conditions and becomes bullish again.
The market corrected the previous huge upward movement from 3000.00 level to 20000.00 level and now it has potential for a new movement to the new highs.

Alternative variant: if the price can’t break the downtrend line and drop below 10000.00 level, we should be ready to see the falling to the previous support zone at SMA50.

https://www.tradingview.com/chart/BTCUSDT/T64CRHom-Bitcoin-Weekly-Chart/

Not sure what that all means, but I admire your technical analysis  Tongue

Only thing I understood from this is: Buy now, Sell later. Is that correct? And if it goes beneath 10000.00 just panic sell?
Post
Topic
Board Altcoin Discussion
Re: Rpay.io looks fake
by
phreakk
on 25/01/2018, 08:28:47 UTC
I probably do not agree with your opinion, because I do not think that this project is similar to scam or anything like that, maybe there are some problems, but I do not think that they will be of global scale and the development team I think everything will be fixed

They have to provide answers to some simple questions ...

I probably do not agree with your opinion, because I do not think that this project is similar to scam or anything like that, maybe there are some problems, but I do not think that they will be of global scale and the development team I think everything will be fixed

THIS IS NOT A LEGIT ICO!!!!!!!!!!!!!!!!!!
I CONTRIBUTED DURING PRE-ICO  a few months back. From there, they change several time the ETH address of the ICO.
I SENT THEM SEVERAL MESSAGES REGARDING WHEN AND WHAT TOKEN I WILL GET ... NO RESPONSE.... I HAVE NOTHING JUST TO MAKE OTHERS AWARE ABOUT THIS ...

THIS IS NOT A LEGIT ICO!!!!!!!!!!!!!!!!!!

You three do realize that this was posted 4 months ago?  Roll Eyes
Post
Topic
Board Altcoin Discussion
Re: best coins to invest in this month
by
phreakk
on 19/01/2018, 23:02:30 UTC
what coins are ready to explode and give a 10x

Soilcoin. It's a coin with an extremely low marketcap, but insanely huge capabilities. Think about this:

It's current marketcap is 333k
If it grows to a reasonable crypto with a marketcap of 1b, which is very well possible for such a competetive coin, you would've multiplied your investment by 3000 times... It's risky, but could pay off VERY well.

They're available at Cryptopia, which is one of the best exchanges around. The only disadvantage is its low volume, but when Soilcoin becomes more known, that volume will increase and it will grow a lot in value!
I recommend you not to put thousands of dollars into it, but just a small amount, for if it succeeds, which could make you a ton of money.
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Topic
Board Trading Discussion
Re: Best place to sell Litecoin similar to localbitcoins?
by
phreakk
on 19/01/2018, 22:46:09 UTC
Looking for a site where I can move profits to like LBC but for LTC? Any suggestions?

A simple google search yielded this: https://www.litecoinlocal.net/
Sadly, I can't guarantee your safety using this website, as I don't know it.
However, it has been up for a while and is vouched by quite some users online. Trade with caution on it though.

Another possibility would be converting your Litecoins into Bitcoins and simply using LocalBitcoin...
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Topic
Board Trading Discussion
Re: Are you all in when trading?
by
phreakk
on 15/01/2018, 21:18:28 UTC
This would produce the most gains , but if you predict wrong you could be stuck waiting for the price to either come back up or down to get back in. I did this the other day. I sold and bought back in at what I had predicted was going to be the next upswing. However some last second sellers swooped in and dropped the price below my limit. Then it just continued to fall from there. Now I sit and wait for the price to come back up to my purchase price so I can get back at it. I hate waiting. I get antsy. I should have left some money in reserve so I could have at least bought in at the bottom. I got greedy. Now I wait.  Sad

Interesting. I don't go all-in when trading, but that's not because I'm scared of my investment losing its value. When I invest in something, I'm very sure it'll make me some money sooner or later, or benefit a project I love.

Sadly, there is an other factor that limits me: The incapability of exchanges, wallets and more. It's sad how many exchanges either get hacked or turn into scams (like HitBTC). It's a very dangerous practice to bet a lot of money on something influenced so much by exchanges potentially stealing your money. Of course, you should take your money off an exchange as soon as you're done trading, but there's still the deposit, withdrawal and the time between those 2 for the exchange/hackers to steal your money!

There's my very simple reasoning as to why I don't go all-in. Another reason is when I feel like 2 coins are capable of growing a lot and I don't want to choose one that grows just a bit whilst the other grows tons. Diversification can help me avoid those opportunity losses as well, though I would obviously sacrifice some potential profits.

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Topic
Board Trading Discussion
Re: bitcoin value rising
by
phreakk
on 15/01/2018, 21:12:17 UTC
What is the main reason of the rising value of bitcoin and what are the reasons of it falling?

People trying to make a ton of money out of it. It's supply & demand, like others have stated, but not the way to think of it. People aren't buying it, because they want to use it...
People buy it because they want to sell it for more, which will cause a lot of people to lose a lot of money, even if it keeps rising for years to come!

What is the main reason of the rising value of bitcoin and what are the reasons of it falling?

Theory of law and demand. Generally, as bitcoin demands keeps increasing and the bitcoin can't have difficulty supplying it, then the price increases. And then there's the positive news coming from different sources. This makes people go to the market and buy bitcoin resulting to the price going up. And vice versa, if there's a bad news, it cause the price to go down drastically.

Another reason is manipulation, there's a unwritten rule that whales do sometimes want to manipulate the price is either direction. Remember they can only do that because they have huge amount of bitcoins to begin with. It maybe a individual or group or individuals or sometimes financial investment company.



Law and demand? That's a new one   Cheesy
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Topic
Board Economics
Re: China is going cashless with more centralization
by
phreakk
on 15/01/2018, 16:26:59 UTC
I watched a video today: https://m.youtube.com/watch?v=WWY7A221hwA

China is leapfrogging credit cards to jump directly into the adoption of mobile payments. An oligopoly is in place and as the adoption of the tech rises fast, it's not set to change. Now the Communist government is seeking to control such payments even more and the biggest payment companies are likely to cooperate. Perhaps one day people there would appreciate decentralization but for now the majority of the Chinese seem really careless about p2p tech and payments.

Replace China with Sweden:
http://www.bbc.com/news/business-41095004

Now, that isn't looking as bad as the previous, right?
Probably is because of the government in charge right? swedish vs chinese
So, each gets what he deserves for having stupid leaders in place.

it is worth the development of the world of crypto in china very rapidly once, as evidenced by the largest bitcoin mining in existence in china, trade sites also from there wow very amazing

There is no development in crypto in china. None.
All they have is cheap energy for mining and fake numbers on exchanges.

Gotta agree on that. China's government is very incapable and I definitely wouldn't want them to be able to access my funds if I were a wealthy person.
They know that and feel like they should keep control to avoid people going out into cryptos. A truly sad world it is.
I watched a video today: https://m.youtube.com/watch?v=WWY7A221hwA

China is leapfrogging credit cards to jump directly into the adoption of mobile payments. An oligopoly is in place and as the adoption of the tech rises fast, it's not set to change. Now the Communist government is seeking to control such payments even more and the biggest payment companies are likely to cooperate. Perhaps one day people there would appreciate decentralization but for now the majority of the Chinese seem really careless about p2p tech and payments.

There Communist government is controlling them because majority of people in China are new to this technology that's why governments will help their citizen to make a trasanction online and they control the circulation of money.
Lmao... You really think the government of China is blocking cryptocurrencies just to help newbies? Nice idea, but that's definitely not even close to the real reason... Power is what makes them do it. Not the health & wealth of the population.
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Board Bitcoin Discussion
Re: bitcoin is the currency of the future? hahaha
by
phreakk
on 12/01/2018, 21:26:29 UTC
yes it is, because many companies started accepting BTC and one example is KFC Canada.
Wow, you can buy processed chicken for BTC, how does that change anything or prove it's the currency of the future? How many people do you think will pay a fee of $10 to buy  food worth $5?

Bitcoin is not suitable for use as a micro-payment due to the problem of expensive transaction fees and the confirmation time is quite long. If this mass can be resolved, then bitcoin can be a very effective payment alternative.

That's true. All we're doing here is speculating on whether it can be upgraded and fully accepted around the world. It's not that hard to make the fees lower and transactions faster. Unfortunately it requires miners to "vote" and this is a huge problem. I'm investing with a hope that we can one day reach a consensus and upgrade the network. If not my money will go down the drain.

Well, if you buy KFC for large parties of 2500 people and pay $5000, a $10 fee wouldn't really matter, would it?
Though, I must agree with you. In its current condition, Bitcoin is very incapable of doing what it's made for. It's not anonymous, not a good payment system, not very decentralized, as most of the Bitcoins are "Made in China" nowadays.
Even if we "upgrade" Bitcoin, which isn't a very easy thing to do, I doubt it would make it as good as its competitors.

I feel like we should just all switch to an other good crypto, which is actually capable of taking over the world.
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Topic
Board Economics
Re: Effect of Bitcoin on Bank Deposits and the Economy
by
phreakk
on 10/01/2018, 20:45:02 UTC
Say cryptocurrencies take off and people hold more of their savings in crypto instead of bank deposits. Currently everyone's savings is in bank accounts which is being lent out to businesses and hence stimulating the economy. What is going to happen if bank deposits drastically decrease?

On the one hand, maybe it will not have much effect on the economy because since lending will become tighter, businesses will need to justify the loans more (vs. if there is easy access to money) and will create stronger proposals. On the other hand, could it have a detrimental effect on the economy?

Bitcoin won't mess with the banks. Bitcoin is a big bubble & definitely not worth its current value.

Cryptocurrencies in general, however, definitely do have the potential to beat banks. I know a lot of people who are looking for places to put their money and gain a little interest, other than banks. Why? Even the best banks offer only about 0.1% interest, whilst the inflation is far higher than that. Cryptocurrencies stop that inflation and allow us to stop losing money from saving.

Another great feature of Cryptocurrencies is the fact that they are, or will be, ways to transact very quickly, without too high costs and anonymously. All 3 things beat banks, as Banks often:
-Charge fees
-Sometimes take days to transact
-Continuously watch where your money is coming from & going to

Bitcoin, however? Bitcoin is a failure. It was a test and a nice first version of a revolutionary technology, but it's not more than that. It won't have any significant effect on the Economy other than some losing a lot of money and some gaining a lot.

Bitcoin is nothing more than a simple redistribution of wealth.
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Board Altcoin Discussion
Re: Why some ICOs take only Ether? and not BTC or other coins.
by
phreakk
on 10/01/2018, 20:31:11 UTC
What are the merits and demerits of only accepting ETH as vs say ETH and BTC or other coins like BCH, LTC, DASH etc.

Well, the easiest way to reward your participants is sending back the corresponding amount of tokens to the Ethereum address that sent ETH to the ICO address.

As most ICOs use tokens that are ERC-20 compatible and built on the Ethereum Blockchain, it's not hard to figure that they'd send the tokens to ETH addresses.
The ICO creators probably want to collect the money as easily as possible, which would just be sending back the tokens to the address from which the ETH originated, which is quite easy to do.

So they're probably just sticking to ETH to make it as easy as possible for themselves to collect all the money.



 
Post
Topic
Board Economics
Re: Ghana invests 1% of its reserves in Bitcoin
by
phreakk
on 04/01/2018, 23:39:08 UTC
Yeah! I think that there is wrong with the heading as it said that "Ghana invests 1% of its reserves in Bitcoin". Though there is a good news that African countries will now accept the essence of bitcoin and the innovation of technology, it is hard to think that the reserve dollar of the country will put in bitcoin. Without any approval of branch of government.

Good news? You find it good news that poor countries adopt technology that's useless for 99% of their population?
That's insanely bad news! It's making the situation in the countries worse than they already were. It's not improving them at all.

First priority for these countries should be getting their country stable again, not investing in Bitcoin.

Don't get me wrong, I find Bitcoin and cryptocurrencies in general a great addition to our society, but not to Africa. It just doesn't fit in there yet.

This is one catchy title that has no connection to the post itself. As it is misleading on purpose or just a reverse psychological marketing on some point. The first thing I think is the bitcoin price and why it wasn’t bullish if this news is true. Reading It answered that question in my mind, it was just a suggestion and not an actual investments.

Completely unrelated to the post itself? Interesting... The title of the post is exactly the same as the title of this thread. I agree that it's a bit misleading, but it's perfectly related to the post itself.
Post
Topic
Board Economics
Re: 26,000 blockchain projects launched in 2016, 92 percent are now dead
by
phreakk
on 31/12/2017, 22:24:22 UTC
~snip~
It appears blockchain projects have an extremely high failure rate. Here's a dotcom bust comparison the critics needed but didn't deserve! Of course, the high failure rate doesn't have to imply blockchain is overrated or has few legitimate roles in software. It could simply imply that the number of open source developers and small start up launches greatly exceed demand for the technology, creating a high number of spinoffs which are structured around short term gain and exploiting brand name recognition of bitcoin, rather than creating long term value.

It's obvious that this extremely high failure rate is due to everyone who's capable of launching blockchain projects trying to get their share of the profits.

This causes scams, incomplete and pointless blockchain projects. It shows that cryptocurrencies are in a bubble, especially Bitcoin: People invest in it purely to make profit, not for its usage as an anonymous, decentralized online currency.
Though this is an awesome opportunity for the Crypto-Critics to call it a mass-scale bubble once again and this time with "evidence" too, it's not at all a good comparison to the Dotcom garbage two decades ago.

Sadly, both Bitcoin fans & Bitcoin critics are too ignorant of the facts to deliver a good judgement.

92 percent was scams, as usual.
More. Some scams haven't been revealed yet.