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Showing 20 of 79 results by poochoorookooy
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Board Altcoin Discussion
Re: Your Country and Cryptos
by
poochoorookooy
on 14/03/2018, 08:12:06 UTC
I'm curious, how big are cryptos in your country? Are they still collectively referred to as bitcoin, or do news reports and local media actually dive into their merit and the difference between coins, projects, companies etc. I'm from Canada and most of the current news is wavering between reports of malware installing mining agents and the Canadian Security Exchange cracking down on ICO sales.
The government of my country, they don't like cryptocurrencies, they said that cryptocurrencies are high risk of losing money and bubbles assets. Although they don't ban usage of cryptocurrencies to be traded on local exchanger, however cryptocurrencies are considered as something dangerous as instrument of investment in my country, but the community of cryptocurrencies grows up day by day.

In my case, it's not like the government doesn't like, it's just that the government is being cautious in promoting the cryptocurrency market because the central bank has been very doubtful of the market because of how volatile and unpredictable it is, plus the news that many people have been scammed or victimized by shady characters involved in this market, so I can't blame them for being cautious. But, I could also say that a lot of people are really supporting the cryptocurrency market and are always looking forward of the good changes it can bring.
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Topic
Board Speculation (Altcoins)
Re: Ripple: A long term investment or short term?
by
poochoorookooy
on 07/03/2018, 07:38:18 UTC
I'm thinking of acquiring some ripple but i need to know if it's a short term investment or long term.
Coz i have been following the market trend and I've not seen a steady increase for the past few weeks.
So, is it for long term or short term?
Coz to me it seems the coin has some potential.



Ripple is better suited for a short term investment, I think. I say that because its value is low, but it's growth percentage is quite high. If you view coin value database in several sites, you would see that Ripple usually is in the top five of the coins that show good movement. With that said, if you have a fair amount of capital, you can get a good amount of coin because the value is low. But since its movements always show good return in a short while, then you can dispose off it quickly and easily for a fair margin of profit.
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Topic
Board Speculation (Altcoins)
Re: Is still Ok to invest in Etherium
by
poochoorookooy
on 06/03/2018, 10:10:30 UTC
Hi guys,

I was trying to invest around 5K in Etherium. The price at the moment is around 1.2K and as it looks it is still growing. You think is it a good time to invest ?

It is. Also, Ethereum for many users, including myself, is a safe and reliable investment. I am not saying that there would be zero risks because that's impossible in this market, but at least, with Ethereum, you can say that it could hold its ground better when the market is not doing well. However, on the other hand, it gains really slow compared to other high-tier altcoins, thus, it better fits a long term investment, so if you are eyeing for one, then Ethereum would be a good option.
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Board Altcoin Discussion
Re: ICO is the best way to invest?
by
poochoorookooy
on 06/03/2018, 09:40:27 UTC
Yeah it is an opportunity if you get to buy ICO coins . But we should be very careful on the selection of coins. We should make a research of the particular coin we are going to buy. Volume of the coin and its market cap are to be observed since that help us to predict whether the coin is worthy or not.
If the coin is good, do buy it because we can gain more profit of it at the end. Because sooner or later everyone will start buying it at the higher price while we would have bought it at discounted rate.

I agree; however, that depends on how you view it. Remember that there are seemingly millions of ICOs popping in the market every second, therefore, it is really very hard to determine which ones of them will prosper and which ones are destined to fail without really looking closely at it. I think what makes ICOs good investments is the fact that it can be realized in a few months as compared to other ventures that could take years; however, even if you would not have to wait for a long time. The uncertainty and risk of investing is always there, and so, one should still be ready for probable loses.
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Board Altcoin Discussion
Re: possibilities for crypto
by
poochoorookooy
on 06/03/2018, 09:25:57 UTC
What do.think will happen to crypto currency year form now? Will it be legalized? Will be banned by some? Will it be controlled by the government?
cryptocurrency is legalized in some countries, cryptocurrency is banned some countries and cryptocurrency is implementing some countries. But it will controlled in future most of the developed countries are accepting the crypto technology at the same time undeveloped countries are discussing the cryptocurrency so definitely it will accept in all the world. Because it is easy access anywhere in anytime.

That's right, it's legalized in some and it's illegal in some as well. Every country has their own views to what cryptocurrencies are and what it can do for their local market systems. Some view it as helpful, which in turn, these countries use them to explore ways to earn money and convince people to do more business and transactions using them, while other countries view them as something that could turn into a problem in the future, thus, they try to control it and warn their people on being vigilant on using it. That view will be he controlling factor if a country would support or deny cryptocurrencies in their jurisdiction. Fortunately, people are still given the freedom to explore it, even if generally, their countries don't exactly support it.
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Board Altcoin Discussion
Re: Altcoins future
by
poochoorookooy
on 06/03/2018, 08:40:18 UTC
What do you think about alts future? I strongly believe in Eth , because it provides solutions to different problems. Others only copy eth’s idea in order to raise some money. We don’t need 2000+ alts, just 10 and it will be enough. What u think?

I do. Altcoins are good investments, or at least some of them. Also, in this market, altcoins are crucial in fostering good competition that gives Bitcoin a run for its money. The cryptocurrency market would not prosper if there are only a few assets holding power, so having lots of altcoins in the market, although it may come as confusing at times, would still do good in the end because it has the capacity to keep the market going and carry the market, especially during those times when the best coins around are not doing good. So, considering it as the future of the cryptocurrency market is not too far-fetched.
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Board Altcoin Discussion
Re: do you think younger generation is more open to technology?
by
poochoorookooy
on 06/03/2018, 08:10:41 UTC
of course, young people are more open to progress than the older generation. But at the same time, young people are often deprived of caution and more risky. To recognize the crypto currency everywhere official, young politicians are certainly necessary. But if the older generation also recognizes cryptonyms, people will quickly believe in a new financial system.

That's right, although I don't agree with the statement older generations are more open to progress because 'progress' can be defined in so many ways. I think that the younger generations just came in a time where technology is continuously increasing, and so, it just so happened that every facet of life now is well-penetrated and is heavily inclined to the use of technology. Since it is a common thing in today's life, generations born within it would treat it as normal and would see it as a necessity of their life, thus, making them more open to it.
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Board Altcoin Discussion
Re: Mining on Mobile Phone
by
poochoorookooy
on 28/02/2018, 09:00:39 UTC
Would you be interested in a cryptocurrency with its own blockchain that can easily be mined on both android and iOS phones?

That could be a good thing to pull of. However, for one, developing your own blockchain is easier said that done. Also, having to convince people that your coin is worth it to mine and possess is a different animal in itself. Therefore, as much as you can make your own coin, like most people do introducing new coins through ICOs, you should consider that mining takes capital and maintenance and some people would rather mine those coins that are already established than newer ones that has a lot to prove.
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Board Altcoin Discussion
Re: Is there any ways to avoid non paying bounty campaigns?
by
poochoorookooy
on 28/02/2018, 08:45:49 UTC
Hi every one. I just wanna ask if , is there any ways to prevent or minimize the nonpaying bounty campaigns?

I joined a lots of bounty campaigns here on btt recently but I have encountered  bounty campaigns never paid the bounty hunters at the end of the campaign period. Not to mention these projects, some of them are now scam, but some of them are now very successful after the campaign, and  they forgot to pay their advertisers at the end of the bounty period. As a bounty hunter like me , its very important. Its really pain when you are advertising an ICO for month/months but in the end you got nothing. As of now, I only joined a bounty campaign which handled by bounty manager with good record here.

I think the best way is to just be thorough and critical with choosing your projects. You see there are so many bounty campaigns popping in a daily basis, some are new and have potential to prosper, but most of them, are washed-out copies of old concepts that has been released before that do not have any chance of booming. So, use all the checks and guides you have to see if a projects even has a chance to make it past the marketing stage and really make a mark in the real market.
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Board Altcoin Discussion
Re: Investment in ICO
by
poochoorookooy
on 28/02/2018, 08:10:48 UTC
i have some bitcoins with me..any tips to invest them...dont want to spend them...should i invest in some ICO ??

I think that investments in ICO still has a lot of potential left in it. Even if there are so many project failures and even scams that bring a bad light to it. I would say that there are still some projects and companies that could be game changers, if you know how to find them. I think if you're a serious investor, one of the tasks that you should do is to apply due diligence on all your investments, thus, instead of blaming others for choosing bad projects, why not use all the resources available for you to discern if a project has a change to succeed.
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Topic
Board Speculation (Altcoins)
Re: Which coin now you think had a good future
by
poochoorookooy
on 28/02/2018, 07:37:47 UTC
Like the title, what coins do you think will have a good future because now it's a lot of coins and not a few of those coins that fail
What do you think ?
What coin do you think will have good future ?

Bitcoin is always on the list mate. It is still the best coin around the market by far, basing on its value and marketability. However, since that is a given, let's focus on other coins that could make a splash in the years to come. For that, I would say Ethereum, I think that it has gained so much support from people based on trust in the coin in the the technology backing it. Many use it in transactions as well as hold it for future trade. It has also proven itself as one of the enduring and reliable coins that, although its rise may be slow, it has the capacity to hold its ground against negative market movements that prevents its decline
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Board Altcoin Discussion
Re: Reading Whitepapers
by
poochoorookooy
on 28/02/2018, 06:53:30 UTC
reading whitepapers is a great source of information for new people to the cryptospace, alot of these concepts seem very not needed sometimes I recommend you new folks to read Mybit whitepaper it will definetely open your eyes to a few pockets of the blockchains usage with certain sectors of the cryptosphere.

Anybody else has a couple of informative whitepapers, that opened your eyes to a certain technology or undervalued market or just good information?
Im about to read deeponion's!

I am pretty sure that not many people read whitepapers. But those who do - they develop.
I usually skip all technological side cause I am not a tech guy, and concenrate on general idea, global vision (what project is going to achieve, which problem to solve), team, advisors and hardcap (plus % allocation to the crowdsale).
I see that today people used to follow influencers and have very little personal understading and expectations. Currently market ignores some great projects because nobody from influencers speak about them - everubody is looking for new ICO with X2-4 forgetting that there are old great projects that are ready to explode.

It pains to say, but it is true. Not many people actually see the importance of checking out the whitepaper, because to many, it is just waste of time. I would say that having useful information about something, especially when it talks about money and investment, would always be good to have. Some people just try to downplay it because they don't want to spend hours and hours on reading about something, when sometimes, they don't even understand what's in it. I think that if you are serious in this market, then you should apply due diligence in every move you make to avoid losses and get as much profit as you can. After all, that is the end goal.
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Board Altcoin Discussion
Re: What makes a altcoin valuable
by
poochoorookooy
on 22/02/2018, 19:58:52 UTC
I'm developing an altcoin that is based on social sharing. What foundational technologies are going to make it the most valuable? What makes an altcoin valuable? I'm wondering if it is just how much people hear about it? Thoughts?



Based on what I have read and know, altcoins gains value depending on the technology that backs it and the market cap set by its develops. Obviously, when it has a good technology, more people would actually be convinced to invest in it or trade using it that it would have a higher usage rate that would then transcend to it having a good value. On the other hand, if it has a large market cap, then it has a lot of potential to circulate and be used because more people can hold them as supposed to only having a few in circulation.
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Board Altcoin Discussion
Re: What makes a altcoin valuable
by
poochoorookooy
on 22/02/2018, 19:56:18 UTC
I'm developing an altcoin that is based on social sharing. What foundational technologies are going to make it the most valuable? What makes an altcoin valuable? I'm wondering if it is just how much people hear about it? Thoughts?



Based on what I have read and know, altcoins gains value depending on the technology that backs it and the market cap set by its develops. Obviously, when it has a good technology, more people would actually be convinced to invest in it or trade using it that it would have a higher usage rate that would then transcend to it having a good value. On the other hand, if it has a large market cap, then it has a lot of potential to circulate and be used because more people can hold them as supposed to only having a few in circulation.
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Board Altcoin Discussion
Re: Do you still support Ethereum?
by
poochoorookooy
on 22/02/2018, 19:27:18 UTC
I can't name any other coin/token, which failed more times than ETH. It's not about loving or hating it, it's all about people losing money, because of situations which can be avoided. I would care less if these ETH based projects were not asking money from the masses, but that's not the case. And believe me when I'm saying that Ethereum has some powerful lobbyists. Otherwise its price would be probably 1/5 from the current one.

Didn't we had enough of this?

Yes, I do mate. It is actually one of my "go to" coins. I have in my portfolio sort of a long term investment. It is one of the high-tier, high-valued altcoins that I consider as a safe and reliable investment. It is enduring, and it can stand its ground even when the market it is going haywire due to the staggering effect of Bitcoin's movement on it. I think you're saying that Eth is failing because of the fact that many people who has it choose to hold it than do transactions with it, therefore, its usage rate is low and thus its value is seemingly taking a slow path to get up. However, Ethereum has been one of the best altcoins in the market and many people would attest to that.
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Topic
Board Speculation (Altcoins)
Re: Is now a good time to invest in ICO?
by
poochoorookooy
on 22/02/2018, 18:23:11 UTC
I've been searching for ICOs for a few days and there seems to be many cases of scams and hacks which kinda scares me. Obviously, there is no 100% certainty which is going to be a successful one but is there any way to identify which ones are at least going in the right direction? The first one I looked at was Mossland's Whitepaper and they seemed good with solid community. Or should I just buy BTC or ETH? Any suggestions and ideas would be very helpful!

Certainly, when talking about ICOs, there is no time to treat as good time to invest because ICOs are a staple. You can invest at them any time because there are a lot of ICOs going out in the market on a daily basis. It just depends on you on what product or concept you want to invest in, and how long your time table is for a project. Therefore, I would say that it would depend on your checklist of what kind of ICOs you want to venture in. Scams are always there for sure, but it is up to the joiner to sift through all them to select the best projects.
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Board Altcoin Discussion
Re: What encourages you to invest in any altcoin?
by
poochoorookooy
on 22/02/2018, 17:51:56 UTC
I am a crypto enthusiastic and i know a 90% of people here on bitcointalk are as well.
There are a lot of altcoins in the market today. What should one look out for before investing in any altcoin

I check their movement in terms of value. Also, I check how they contrast with Bitcoin's movement. There are so many altcoins that could have a big potential; however, unfortunately, they can't hold their ground against high-tier altcoins and Bitcoin, whenever, those assets go up, most altcoins go down. So, I check for those that can endure like Ethereum. Another is the market cap, if it has a large market cap, then there would be more chances to acquire it for value.
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Board Altcoin Discussion
Re: When will ICOs die?
by
poochoorookooy
on 22/02/2018, 14:48:37 UTC
Recently learned that more and more ICOs are closing deals through private sales and merely airdropping the coins. Will ICOs die, when will it?

I don't think it will die because ICOs are the main means for some people to earn coins in this market. Many people, especially the beginners, who doesn't have much knowledge and means to explore other options to earn. Although I know that the legitimacy and success rate of these ICOs are always in question because of the numerous situations like scams and failures that contributed to people seeing it in a bad light, I think that it still has a lot of potential left in it because it could still introduce a lot of good concept that people could support.
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Board Altcoin Discussion
Re: What's an Airdrop?
by
poochoorookooy
on 22/02/2018, 12:59:34 UTC
Can someone please explain what an airdrop is? and how it works? thanks

An airdrop is a means for a new developer or company to introduce their coin to the market. It is done through distributing little amount of coins to many people who enrolled in the airdrop program. By doing so, it gives more people idea about the project and the coin, plus it urges them to use it in transactions, which may help in increasing the value of the coin. It's basically free coin, but the amount is not that much since its purpose is introduction.
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Board Service Discussion (Altcoins)
Re: How do I know a bounty program is good?
by
poochoorookooy
on 22/02/2018, 12:26:01 UTC
I see a lot of bounty programs on the BCT, but I do not know which bounty program is good, there are many fraud programs. Can you  give me advice ?

yes some bounties only for few weeks then over. we can recognize a good bounty from communication. you can directly contact bounty manager about the bounty. some are not replying too. if stakes are not updating for 2 weeks its a not a good one.

Well, you could consider that, but there are a lot more different indicators to tell if a project is good or not. First off, check the project's background and objectives. If the project shows a new or unique concept or if it has a great improvement from alike products or concepts, then it could have greater success because people tend to gravitate on them, thus, it would get more support. Also, you need check the management team, they should have a good trust rating and to be reliable in terms of updating information about the project. Also, you have to check how much is alloted to the campaign you are joining, so that you can get an idea of how much you can get. The more the merrier as always.