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Showing 20 of 179 results by ps
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Topic
Board Altcoin Discussion
Re: Why invest in altcoin?
by
ps
on 26/07/2018, 21:02:05 UTC
I see investment as a stable low risk term. I love block chain technology and think that if implimented properly could produce a great efficiency gains and cost reduction. Even with my bias to the technology and my liking of private transactions, all altcoins are illiquid and unstable. They would be better speculation tools, but their lack of liquidity means that when the bubble bursts you could be very rich or very poor.

I like to think that investment as separate from speculation so no I don't currently see any altcoin as an investment opportunity.

Post
Topic
Board Speculation (Altcoins)
Re: Is Bitcoin at 25000 possible?
by
ps
on 26/07/2018, 20:52:41 UTC
It’s possible. I believe any gains in Bitcoin will be short lived though, due to the unreasonable transaction fees and times. I would personally recommend investing in a variety of altcoins, such as Ripple, Lumens, and Tron. Here’s a guide to buying both Bitcoin and Altcoins to get you started.

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Topic
Board Altcoin Discussion
Re: Market can be manipulated?
by
ps
on 26/07/2018, 20:42:59 UTC
At an individual level, likely impossible without a lot of capital.

At a company level, pretty darn easy. There is a lot of speculation that Coinbase just did it intentionally this past week. As soon as Coinbase launched support for Bitcoin Cash, the price of Bitcoin plummeted and the price of Bitcoin cash spiked dramatically as people moved money around. Some people have suggested that there was some insider trading going on at Coinbase when this happened, and that a lot of their employees profited dramatically from it.

At the end of the day that’s all just conjecture right now as far as I know, but it’s still a lesson to be careful when investing into crypto.
Post
Topic
Board Altcoin Discussion
Re: Why is crypto making the world go crazy?
by
ps
on 26/07/2018, 20:29:49 UTC
People go crazy for all the things which are in limelight. they follow things which are in trend. I wouldn’t be wrong if I said that these trends and limelights are set up by the most famous crypto currency “Bitcoin”. Bitcoin is nearly 50% of all the value of crypto currency in the world.

So what makes Bitcoin so trending. What makes all the media and social networks to cover this story. The answer is very easy. Bitcoin has given more than 1000% return in last 12 months. Taking the exact figures, Bitcoin’s price on 1st December 2016 was $750 which raised by nearly 1400% to $10500 by 1st December 2017. Some Analysts expect the same bull run in Bitcoin’s prices and some expect even faster then normal run in the prices.

Post
Topic
Board Altcoin Discussion
Re: ETH, Dash and Ripple which to invest in?
by
ps
on 26/07/2018, 17:13:01 UTC
Ripple looks attractive in my opinion because it’s cheap. If you don’t know where to throw a few hundred bucks, you can buy Ripple and leave for the long-term. There is much potential for growth since Ripple works with reputable banks, including Abu Dhabi Bank, UniCredit, ReiseBank, and more.



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Topic
Board Service Discussion (Altcoins)
Re: what are the best exchange sites?
by
ps
on 26/07/2018, 16:53:37 UTC
Personally i prefer binance.

Binance is popular for supporting a wide range of cryptocurrencies. You can easily find the most popular ones including Bitcoin, Litecoin, ETH, and so on. Other coins that Binance supports are as follows:

*CARDANO

* TRX

* XRP

* EOS

* IOTA

* WABI

And many more.
Post
Topic
Board Altcoin Discussion
Re: Buying NEO
by
ps
on 25/07/2018, 23:50:07 UTC
Neo is called by many the Chinese Ethereum. In my opinion it's something more: like Ethereum it's a platform that allows the creation of smart contracts. What I prefer about Neo over Ethereum is its very user friendly ecosystem. If you have NEO tokens in your wallet you will receive GAS (NEO's token utility that has a fair value).

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Topic
Board Altcoin Discussion
Re: When will ICOs die?
by
ps
on 25/07/2018, 23:47:23 UTC
I believe it's only a beginning. We just shouldn't invest in skams. The best way to profit from ICO is to invest into ideas which are already turned into projects. It is important to choose a project which is aimed at solving real-life issues like, e.g. nutrition.
Post
Topic
Board Altcoin Discussion
Re: Do you still support Ethereum?
by
ps
on 25/07/2018, 23:31:58 UTC
I personally believe that in the future shakedown there will only be a couple of Cryptocurrencies that will survive. Out of these the best bet will be on Bitcoin & Ethereum (Eth). There are a couple of reasons, why Eth sounds a fundamentally good bet to invest for the long term as follows:-

It is not only a pure virtual currency like Bitcoin & Bitcoin Cash (BCC now) but also hold a substantial value in terms of the additional advantage its brings to table in terms of the technology.

It was the first and the only token that has working model in terms of utilizing the blockchain technology

Post
Topic
Board Speculation (Altcoins)
Re: Top 2 altcoins to invest in NOW.
by
ps
on 25/07/2018, 23:24:50 UTC
the best altcoins to invest in 2018

1- Ripple: Transaction cost is minimal and also transaction time is less. American Express’s, MoneyGram and other big names adoption of Ripple has enabled its users to make instant blockchain based payments.

2- NEM: it can be scaled and adapted to almost any kind of application and its use is not only limited to few sectors like banking and financial institutions.
Post
Topic
Board Speculation (Altcoins)
Re: When do you think Eth will break $2,000?
by
ps
on 19/07/2018, 23:33:13 UTC
It might increase or it might not, we can’t predict entirely. But it will show a definity steady increase in its price. My daily work revolves around cryptocurrency. I trade Ethereum everyday which helps me take care of my living easily. In fact there are hundreds of people who do this.

I make multiple trades in a day around the top exchanges which help me make decent profits. People from all across the globe purchase Ethereum everyday. Making over thousands of transactions in cryptocurrency exchanges.

The reason i choose Ethereum is because the profits with it are high. For proofs, visit any top exchange and have a look at the sales charts.

You’ll notice that Ethereum is the most demanded and the most sold cryptocurrency across the globe. This itself is enough to make good profits.
Post
Topic
Board Altcoin Discussion
Re: Do you truly believe in cryptocurrency
by
ps
on 19/07/2018, 23:19:58 UTC
is not much a believe in Bitcoin as it is a believe in the Blockchain. But think about it, all our lifes and our ancestors lifes has been controlled by this 1% that own banks, manipulate prices and inflate currencies to their willing. Bitcoin is a way out of this, Bitcoin is the money of the people and the internet.

Post
Topic
Board Speculation (Altcoins)
Re: I have 250 ETH, Hold or SELL?
by
ps
on 19/07/2018, 23:07:54 UTC
You have not specified the spot price of the cryptos you purchased. Anyway, we can do the following:

1- If your crypto’s market price is higher than the buying price, sell enough to recover the initial investment. Hold to the rest until you feel there is enough profit and you may sell or keep on holding.

2- If your crypto’s current trading price is barely below than the spot price, then hold and wait for it to peak. If this does not occur go to 3.

3- If the crypto plummets, buy more. Buy enough so that your average spot price is closer to the market price. By doing this you protect your investment by reducing the breach between the buying price and the market price. Once you become break even you may sell and recover all
you investment.

4- Use whichever of the two cryptos is doing better to cover for the one who is suffering more losses. Once you covered your losses go back to 1.
Goo
Post
Topic
Board Altcoin Discussion
Re: 80% of ICOs are Scams
by
ps
on 19/07/2018, 22:57:13 UTC
As a person who did invested in a few ICOs before and the one who is doing ICO for my own company - here is my test to find out who is scam and who is not. This test is applicable to ICOs which are about software solutions. Unfortunately 90% of software ICOs fail that test.
Post
Topic
Board Altcoin Discussion
Re: 2018's Top 5 Alt Coins?
by
ps
on 19/07/2018, 22:52:01 UTC
I’m holding and believe in several coins: it’s ETH and Ripple (because they have a good foundation behind), Bitlave CAT (because they are working in the very important field of privacy and digital ads), Monero (because of their privacy).

Post
Topic
Board Altcoin Discussion
Re: Bitcoin vs Bitcoin Cash
by
ps
on 19/07/2018, 22:03:34 UTC
Technically Bitcoin Cash is better. bigger block size, faster transaction speed, low transaction fee and it is already trading over $800+

But Bitcoin has “first-mover” advantage, you can buy almost anything with Bitcoin core. From coffee to apartments and it’s return is much more than Bitcoin cash.

A better idea would be a 70–30% investment in Bitcoin and Bitcoin cash respectively.

Also, if you’ll have Bitcoin then you are eligible for any free currency(like Bitcoin cash) comes out of any Bitcoin fork.

Post
Topic
Board Speculation (Altcoins)
Re: Can you still get rich with crypto?
by
ps
on 18/07/2018, 23:28:56 UTC
The answer is yes if your willing to take a high risk you can become rich in a couple of months,

Please be aware you can become rich anyway in holding assets or forms of value just don’t expect to have a minimum risk and get rich generally the higher the risk the richer you can get

Post
Topic
Board Speculation (Altcoins)
Re: Invest in ICO or buy BTC?
by
ps
on 18/07/2018, 23:19:56 UTC
The short answer is that finding the right ICO’s to support is key. Bitcoin is comparatively more reliable, but many ICO’s are going from being unknown quantities to fully-fledged startups, exploring some of the most innovative applications on Blockchain technology, and this reflects in the ROI for early investors here.

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Topic
Board Speculation (Altcoins)
Re: will other coin beat btc in future ???
by
ps
on 18/07/2018, 23:16:34 UTC
Of course not. Bitcoin is clearly a protocol for sending value around the internet. Any computer science geek can tell you it meets all the requirements to be a bona fide protocol.

All protocols gain dominance and hold it in the same way, without exception: Once one protocol gets out in a clear lead against any competing protocols, the Network effect never fails to work for it and against every competitor. This is unavoidable; it's just human nature.
Post
Topic
Board Speculation (Altcoins)
Re: IOTA is the next big thing
by
ps
on 18/07/2018, 22:53:13 UTC
IOTA is interesting and has some features that fix some areas that are holding Bitcoin back, manly scaling and fees which cause significant set backs.

Will there ever be a new Bitcoin? No I don’t believe so. Bitcoin has a few things that would be truly hard to create ever again.. anonymity of the creator, strength of network and first mover advantage.

Anonymity of the creator means no one person can be influenced or threatened. This makes it truly decentralised.