Search content
Sort by

Showing 20 of 779 results by sylance
Post
Topic
Board Altcoin Discussion
Re: Do you still believe in the bright future of Crypto?
by
sylance
on 09/07/2018, 19:35:59 UTC
As others have said, I believe in the future of crypto, but I see it in two different aspects:

Financial Gain: Investing and trading in 2018 is a much different prospect than in 2017.  Last year you could put your money in almost any alt-coin and make huge returns.  This year patience, fortitude, and research is much more important.  Many of the projects we see in CoinMarketCap will likely be gone by 2020 and many of those same projects will never see a positive return.

Revolutionize the Industry: I still believe in the future of crypto but my thoughts have changed on the impact.  Satoshi's vision was to usurp the banks and give people their power back from the banks.  The recent price collapse has brought so much pain that many people are crying out for government regulations in a hope that institutional money will come into the market and bolster the price (and their profits).  In my eyes, this is giving up on Satoshi's vision... do we really expect banks to invest in the very technology that makes their very business model obsolete?  Bitcoin will be picked up by institutions but only because people hold it instead of transacting with it but I don't see this happening to the other markets.
Post
Topic
Board Altcoin Discussion
Re: Alts are red-I can’t believe it!
by
sylance
on 05/07/2018, 15:49:53 UTC
Do not make investment decisions based on a single article.  And unless you're a swing or day trader then making investment decisions on a single day's candle isn't advisable.  Average in and wait for the bull market to come back... it'll come eventually but what isn't answered is what alt's will be left when it comes back.
Post
Topic
Board Altcoin Discussion
Re: EOS Successfully Launched
by
sylance
on 15/06/2018, 03:20:36 UTC
I can't believe it's been a year already for their ICO.  The ICO is over, the mainnet has launched... now it's time to see what developers do with the tech.  EOS seems like a great project but it all depends on how people use it.  With ICO fatigue maybe now we'll get dapp fever.
Post
Topic
Board Altcoin Discussion
Re: The Most Trustworthy ICO Pooling Group (Turned Private - Links Off)
by
sylance
on 15/06/2018, 03:18:11 UTC
+1 for effort.  You're trying hard... I'll give you that.
Post
Topic
Board Altcoin Discussion
Re: [GUIDE] How to use MyEtherWallet safely [Security]
by
sylance
on 07/06/2018, 16:39:22 UTC
Great points and security should be taken seriously.  Your point on using Etherscan is great so I want to stress it again for others.  People should only log into MEW if they need to send tokens.  If you find yourself wanting to check your balance frequently then just bookmark your ETH address on Etherscan.  For instance, this is a bookmark for random ETH address:

https://etherscan.io/address/0x2c6d23e3d4c50bd12ea3be7be828db5ec11f467d

Many benefits.  No worry about logging into a fake MEW page and Etherscan does a great job of applying USD value to the ERC20 tokens in the address as well.
Post
Topic
Board Altcoin Discussion
Re: Reply
by
sylance
on 07/06/2018, 02:03:53 UTC
LOL.... just LOL.
Post
Topic
Board Altcoin Discussion
Re: Buy or not Cardano?
by
sylance
on 06/06/2018, 19:17:16 UTC
Why do you say people are flocking to ADA?  Flocking would mean a price increase and the price has been in decline since May.  I think Cardano has potential but it's a little 'shillish' to be saying people are flocking to it.  If anything EOS's mainnet launch may have stolen some of its thunder.
Post
Topic
Board Altcoin Discussion
Re: Trading
by
sylance
on 01/06/2018, 18:23:05 UTC
Sounds like you're still new to crypto so I'd HIGHLY recommend to NOT trade.  Unless you have deep experience trading non-crypto, like stocks or commodities, then you should just continue to do bounties, learn crypto... and accumulate established coins like Bitcoin and Ethereum.  Grow out from there; maybe look at the top-20 coins on CoinMarketCap, and then from there go even further.

Trading isn't easy, especially in 2018's market... so stay away.  If you want to transfer your bounty coins into an established coin then I think that's okay.
Post
Topic
Board Altcoin Discussion
Re: warning, do not ever buy ico lending coins
by
sylance
on 30/05/2018, 00:42:25 UTC
Totally agree.  I was surprised and disappointed that CoinMarketCap has a lending ICO ad at the top of their page.  I'd expect they'd vet their ads a bit more.
Post
Topic
Board Altcoin Discussion
Re: SWITCHEO (SWH) - the first decentralized exchange on NEO - launches today!
by
sylance
on 29/05/2018, 15:09:59 UTC
I've used Switcheo and am really impressed with the platform.  TradingView charting built in, and trades transfer directly out of your NEO wallet.  I've wanted a nice decentralized exchange for awhile and this gives me hope we're getting there.
Post
Topic
Board Altcoin Discussion
Re: Buy XRP right now something big is about to happen
by
sylance
on 21/05/2018, 13:21:53 UTC
Yes anonymous poster... I'll sell everything I have and put it into Ripple!  Thank you!
Post
Topic
Board Altcoin Discussion
Re: blockchain 3.0
by
sylance
on 20/05/2018, 04:59:14 UTC
hello everyone
 What is blockchain 3.0? What is the most obvious characteristic of it? What are the obvious differences between it and its technology?


According to my knowledge. Technology of Blockchain 1.0 accept to save transactions in public blockchain. Blockchain 2.0 intergrate smart contract adding. And Blockchain 3.0 intergrate a platform and open ecosystem to other sofware that can run on it

That's how I understand it as well.  Aion and the Blockchain Interoperability Alliance define 3.0 as blockchains communicating, interacting, and transferring value to each other.
Post
Topic
Board Altcoin Discussion
Re: green days are here!!!!!
by
sylance
on 20/05/2018, 04:56:25 UTC
Maybe we should wait for a run of at least a few days before celebrating the bull market.  The market looks incredibly weak right now with low volume and most technical indicators telling us to sell.  I'm VERY bullish on crypto long term, but we're not in a bull market yet.
Post
Topic
Board Altcoin Discussion
Re: In Venezuela, opened a 7-star hotel, accepting only El Petro
by
sylance
on 17/05/2018, 19:36:43 UTC
There is just so much wrong with this story.  On the human side, the country is investing in a 7-star hotel while its citizens are eating dogs and rats to stay alive.  Considering only around 150 7-star hotels exist world-wide, the investment must have been huge.  I suspect this project was funded more for personal payoff than for the economic return.  Sickening.

On the crypto side, El Petro goes against EVERYTHING we as a crypto community stands for.  I'd like to ask someone who supports it one question... what separates El Petro from any other fiat currency?  Before you answer, consider there are roughly seven digital dollars for every printed dollar. 
Post
Topic
Board Altcoin Discussion
Re: Ask for advice
by
sylance
on 08/05/2018, 13:01:41 UTC
I really hope you're not going to invest real money based on advice in here.  It's okay to get some points of view but you really need to dive in and learn about where you're putting your money.  I also hope you're willing to invest in the long term and not expect to double your investment in a few days.  Lastly, what you invest in is completely dependent on your own unique situation.  How much are you investing, what's your time frame, what's your risk profile, and how frequently are you looking to trade?

Without knowing any of that... I'd echo what others have said.
  • Bitcoin: 50%
  • Ethereum: 25%
  • Neo: 15%
  • Small Cap Coins: 10%
Post
Topic
Board Altcoin Discussion
Re: Which coin are prefer for time term hold?
by
sylance
on 03/05/2018, 16:13:38 UTC
Everyone should hold the biggies:
  • Bitcoin
  • Ethereum
  • NEO


Midcap Holds:
  • AION
  • 0x
  • Binance Coin

Smallcap Holds:
  • DeepOnion
  • Switcheo
  • Hive
Post
Topic
Board Trading Discussion
Re: Do you see this one coming?
by
sylance
on 03/05/2018, 15:42:03 UTC
Now is a great time to get into the market.  I'm not sure we'll get the parabolic climb we experienced in December, but there is big money waiting on the sideline; once they get in then we'll see the market climb.  I'm trading alts right now and everytime I have some fiat free I'm buying bitcoin and putting it into my long term hold wallet.
Post
Topic
Board Trading Discussion
Re: 3% loss 10% profit -> sell
by
sylance
on 01/05/2018, 20:41:42 UTC
I agree with others that 3 and 10 percent triggers are too low.  Take today for instance, just in the top-10 on CoinMarketCap, three of the top ten coins are below a 3-percent loss... and that doesn't even include the intra day range.

I think you're asking for guidelines but in my experience each trade needs to be approached differently.  If you're just starting I'd recommend keeping a trading journal and write out your hypothesis (why you think it's a good trade) and before you purchase list out your stop-loss and sell targets.  And... none of these should be guessed, there should some logic behind your targets.
Post
Topic
Board Altcoin Discussion
Re: #stopshere
by
sylance
on 28/04/2018, 15:40:42 UTC
As others have said, it's obvious what's a scam after the project disintegrates and the people flee... but I suspect there were those who called ETH a scam in the very early days.  People who invested early and held have seen huge returns.  Your campaign is noble but ultimately wont go anywhere because few people will agree on what a scam is.
Post
Topic
Board Altcoin Discussion
Re: Russia intends to tax cryptocurrency transactions
by
sylance
on 23/04/2018, 16:58:59 UTC
Anyone who thinks governments are just going to sit by and lose control are fooling themselves.  I'm just surprised it's taken this long.  The way I see it, this is going to go one of two ways.

One... governments will go aggressive and attempt to ban crypto or implement huge taxes (Poland) to get their cut and control their citizens.  This will ultimately fail because of privacy coins and decentralization.
Two... governments will become friendly but use their most insidious tool, gradualism.  One tax here, one regulation there, and before you know it they have full control again and people wont even realize it.

That's why it's important for us to stay true to the original values of crypto, decentralization and full 100% control of your own financial wealth.