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Showing 20 of 655 results by pthnmj
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Board Bitcoin Discussion
Re: Why Bitcoin isn't a legit currency.
by
pthnmj
on 02/08/2018, 22:05:42 UTC
Maybe the volatility of bitcoin becomes one of the reasons why it isn't considered as a legit currency. However it fepends on the country, some countries already have, some are still in the process, some deny it completely, because it doesn't make sense for a poor country.
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Board Bitcoin Discussion
Re: Can Cryptocurrency Stand Without Bitcoin?
by
pthnmj
on 02/08/2018, 21:55:16 UTC
For now the truth is most altcoins are pegged to Bitcoin. If the Bitcoin price is going up rapidly, then people holding altcoins will probably sell them in order to move their money to Bitcoin and ride that wave. This means – in turn – that the price of altcoins probably will go down when the price of Bitcoin goes up rapidly. However, the price of altcoins will most likely also go down when the price of Bitcoin goes down, as the holders of altcoins then exit such altcoins to go back into fiat. Accordingly, if Bitcoins value would depreciate and go down to zero, that would presumably also be the case for other coins.
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Board Speculation
Re: Does positive news have any impact in bitcoin price
by
pthnmj
on 02/08/2018, 21:46:26 UTC
In my view,  both media influence  and manipulation affect the bitcoin. A positive media sentiment is desired for an upward price trend,  and the local retail brokers who manipulate the price of bitcoin.
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Board Speculation
Re: what could cause bitcoin prices to go up and down?
by
pthnmj
on 02/08/2018, 18:12:15 UTC
The media can influence the bitcoin price significantly. Media hype can easily lead to an increase in the price, while negative news can lead to a decline in the price. Besides the price of bitcoins is largely depended on the demand and supply. This means that high demand and low supply often leads to an increase in the price.
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Board Altcoin Discussion
Re: Samsung To Accept Cryptocurrencies As Payments- Good or Bad?
by
pthnmj
on 27/07/2018, 23:23:38 UTC
It's a good news. It proves that cryptocurrency has been used widely and will get more popular. People will start to like and to understand more about cryptocurrency. I believe accepting Crypto payments could drastically minimize the transactions fees as the Crypto exchanges usually charge as less than 1% as the transaction fee for a transaction.
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Board Speculation (Altcoins)
Re: Are you surprised at the price of ETH?
by
pthnmj
on 27/07/2018, 23:06:02 UTC
A little bit surprised,  but I believe ethereum price is going to reach the same price as the previous year. I think 1 Ethereum token will be anywhere between 2,000–5,000USD by late 2018 with the current circulation supply. In comparison to Bitcoin, Ethereum has had over a 5000% increase over the past year & Bitcoin has had around 1100% increase.
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Board Altcoin Discussion
Re: Top 3 Cryptos for 2018
by
pthnmj
on 27/07/2018, 22:04:01 UTC
1. Ethereum: The de-facto platform for smart contract applications and subsequently the second largest cryptocurrency based off market-cap.
2. Neo: Similar platform for applications such as Ethereum however is targeted towards the Asian market and has significant ICO’s already in the works for 2018.
3. Cardano: This is a long term hold. Cardano can be viewed as a third generation cryptocurrency with first being Bitcoin and second being Ethereum.
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Board Altcoin Discussion
Re: WHAT IS FUD
by
pthnmj
on 27/07/2018, 22:02:13 UTC
Totally right. FUD is fear, uncertainty, doubt. It is a disinformation strategy used to alter perception. It has been used in many instances that have nothing to do with crypto, but it is used very often by the powers that be when discussing crypto.
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Board Altcoin Discussion
Re: Ripple vs Ethereum
by
pthnmj
on 27/07/2018, 21:59:58 UTC
Ethereum is better than ripple. Ethereum has a much broader use-case that covers a plethora of industries while Ripple is fairly narrow. Ripple also has a highly centralized supply of XRP which could cause future price suppression. on top of that, the institutions using Ripple aren’t required to use XRP. Therefore, the cryptocurrency inherently has less value.
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Board Altcoin Discussion
Re: Ethereum is the King of ICO, Do you agree?
by
pthnmj
on 27/07/2018, 19:36:19 UTC
Yes, I do. The ICO explosion of the past year can be mostly attributed to the growth of the Ethereum blockchain, and the ease with which Ethereum permits the creation of new coins. Many startups have raised millions of dollars on Ethereum. There are a few problems with the Bitcoin blockchain that make it a poor choice for ICOs. One of them is it doesn’t support programming loops. This is a problem when it comes to implementing ICOs because loops are what allow programmers to verify and recalculate information.
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Board Altcoin Discussion
Re: How long should one have to wait to sell
by
pthnmj
on 27/07/2018, 17:49:41 UTC
The highest price of bitcoin is unpredictable. As long as you could still be patient to wait,  then just don't sell your coins. I believe there will be a time for bitcoin and altcoins to rise back this year, but I'm not sure in which month of this year. Just wait.
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Board Altcoin Discussion
Re: holding and prices will go up ?
by
pthnmj
on 27/07/2018, 17:41:36 UTC
Certainly. Hodling is a tactic that worked well when Bitcoin was a pimple sized market. Hodling guarantees that you will eventually see less than 10%, and probably 1–2% of your greatest “paper wealth”. The crypto market of today isn’t anything like what it was like before so you can’t really rely on past behaviour.
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Board Altcoin Discussion
Re: Future of cryptocurrency this 2018
by
pthnmj
on 27/07/2018, 17:28:09 UTC
Price prediction are void. Bitcoin and altcoins will be very volatile. 2018 will be deciding year for lots of crypto tokens.I see lot of shift among people's opinion regarding ICOs.Unlike before where all ICOs were hit 2018 will give tough times for scam ICOs. And I think many govt regulations will come up for greater good of investers security and stronger taxation rules.
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Board Altcoin Discussion
Re: How are tokens in bounty campaign paid?
by
pthnmj
on 26/07/2018, 21:08:34 UTC
They would pay based on the required wallet which later you should give your wallet address (it could be ethereum,  wave,  or stellar) . The payment will be distributed at least 30 days after the end of the campaign. After you get your tokens,  you could to an exchange where the tokens listed, then you could sell them there. It's advisable to sell yours in a big exchange.
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Board Altcoin Discussion
Re: Why KYC is important?
by
pthnmj
on 26/07/2018, 20:49:10 UTC
KYC is a kind of security check which is asking for your identity proof. The main reason why it's important is to prevent from being used, intentionally or unintentionally, by criminal elements for money laundering activities. Besides it enable the institutions to better understand their customers and their financial dealings. This helps them manage their risks prudently.
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Board Service Discussion (Altcoins)
Re: Does participating from an airdrop got you big rewards?
by
pthnmj
on 26/07/2018, 20:41:12 UTC
Unfortunately,  it doesn't. It's true that airdrop rewards are just a little amount, or it could worthless sometimes. It's not a good idea to count income on airdrops. You'd better join in bounty campaigns which are more profitable and offer bigger reward.
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Board Bitcoin Discussion
Re: Samsung start to accept Bitcoin on 3 countries
by
pthnmj
on 26/07/2018, 19:39:28 UTC
It's a good news. It could make bitcoin getting popular and accepted more widely. In addition, it could make bitcoin price increases after its decrease. I think it  could be a mainstream for other companies to follow its step.
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Board Altcoin Discussion
Re: Uneducated people join Cryptocurrency?
by
pthnmj
on 26/07/2018, 19:26:16 UTC
What do you mean by uneducated people? Don't go to higher school? or Have no title? Personally,  as long as those people like reading a lot, they could get into crypto world because what I  believe is by reading a lot you can see the world. Joining in crypto isn't necessarily to be educated first.
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Board Altcoin Discussion
Re: How safe is our money in crypto?
by
pthnmj
on 26/07/2018, 19:19:34 UTC
It's not safe enough to put money in cryptocurrency. Thus we need to be extremely careful to keep our wallet safe. However as long as we can keep our private key or password secretly,  and not let anybody knows that, I think it's more guaranteed.
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Board Altcoin Discussion
Re: RIPPLE OR LITECOIN
by
pthnmj
on 26/07/2018, 19:01:25 UTC
Both is good. But if ur looking for an increase of value to hundreds of dollars by the end of the year, go with Litecoin. Ripple is mostly a long term thing. Besides Litecoin has the second most secure blockchain, next to Bitcoin. It’s almost identical to Bitcoin, so any trust and adoption rate of Bitcoin should bleed over to Litecoin.