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Messages - hemendrasingh

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Cryptocurrency discussions / Re: Do you think crypto exchanges are secure? Please share your opinion.

« on: July 15, 2019, 11:14:53 AM »

You have to do your own research before using any one of this exchanges. Because no one knows when the exchanges are attacked and been hacked by anonymous persons. There are lots of crypto exchanges which are very reputed but security will the main drawbacks for some of them. In today's world hacking is the main attack which most of software suffers. If any of the exchanges will guarantees you that they are secured from any hacking then i prefer them..

Privacy Coins Forum / Re: the best privacy Tokens

« on: July 04, 2019, 09:14:04 AM »

As per my point of view seven popular privacy tokens will be -

Monero
DASH
Verge
ZCash
NavCoin
PIVX
Komodo

Cryptocurrency discussions / Re: Cryptocurrency has two advantages

« on: June 25, 2019, 11:41:38 AM »

Having emerged as a digital alternative to more traditional methods of exchange like cash or credit cards, cryptographic or cryptocurrencies have also generated alternative points of view.

Here are some of the advantages of Cryptocurrency

1. Transactions

One of the advantages of cryptocurrency transactions is that they are one-to-one affairs, taking place on a peer-to-peer networking structure that makes “cutting out the middleman” a standard practice.

2. Asset Transfers

One financial analyst describes the cryptocurrency blockchain as resembling a “large property rights database,” which can on one level be used to execute and enforce two-party contracts on commodities like automobiles or real estate. But the blockchain cryptocurrency ecosystem may also be used to facilitate specialist modes of transfer.

3. Greater Access to Credit

Digital data transfer and the internet are the media facilitating the exchange in cryptocurrencies. So these services are potentially available to anyone who has a viable data connection, some knowledge of the cryptocurrency networks on offer, and ready access to their relevant websites and portals.

4. Strong Security

Once a cryptocurrency transfer has been authorized, it can’t be reversed as in the case of the “charge-back” transactions allowed by credit card companies. This is a hedge against fraud which requires a specific agreement to be made between a buyer and seller regarding refunds in the event of a mistake or returns policy.

Cryptocurrency discussions / Re: Alt coins worth buying

« on: June 20, 2019, 11:09:11 AM »

Personally, I prefer buying tokens of exchange, as no matter who gains or loses, exchanges always make a profit on commission on every trade.

I will suggest stacking a decent quantity of

BNB (Binance)
KCS (KuCoin)

My other coins of choice are:

XLM
TRX
ADA
ICX
LTC
NEO
NPXS
NCASH
BAT
0x
ONT
VET (Formerly VEN)

Cryptocurrency discussions / Re: Is it time to invest in AltsCoins or not yet?

« on: June 17, 2019, 12:46:25 PM »

Let's break your answer in two:

1- Should I invest? - yes, absolutely you should invest, but only invest money that you spend on harmful activities - set aside your tobacco/alcohol/paid sex/drugs money and invest them, even if you end up loosing your investment - you will still benefit.

2-in any alt coin? If you are not sure what coin to invest - buy a basket of coins, invest in cryptocurrency fund. (There is one already set up in Singapore- contact me for details)

Cryptocurrency discussions / Re: When do you think crypto price will rebound?

« on: June 12, 2019, 11:27:44 AM »

I believe this is the sixth time that Bitcoin has skyrocketed, and then dropped like a rock. Every-time this happened, the current trough in the price graph has always been several times higher than the previous trough. During the last trough, which lasted from late 2014 through early 2017, Bitcoin went below $300. Now it has not gone below $5,000 as yet, but it is expected to (or maybe not). However, at some point it is going to rise again, to maybe $400,000 or beyond, and then drop once more. It is very volatile because demand for it is volatile, while its quantity does not change by much.

Cryptocurrency discussions / Re: First time you know cryptocurrency

« on: June 10, 2019, 11:18:51 AM »

It was in the year 2009, I was surfing internet & I came to know about Bitcoin. It was the time when it was getting launched. I think it was costing about INR 6.00 at that time. I am always curious to find new things, so I researched on it & thought I can bet on it.

I discussed it with my colleagues that we should at least start with 100 Bitcoins, but everybody has denied it as it could be a scam. So we decided to avoid it.

Today when things are totally changed. Last week when I was enjoying dinner with my old colleagues after such a longtime, we all our laughing on our mistake.

However, few things are still not changed. As there are so many people are in this business but there are very few which are having their exit plannings.

We still don’t have any authority to regulate Bitcoin related activities. It means if something happens wrong, we can’t question or complain anybody and all the public money will be in vein.

Blockchain Technology / Re: Which sector do you think Blockchain will conquer next?

« on: June 06, 2019, 11:18:09 AM »

The blockchain concept can be enormously useful in a relatively narrow range of applications. Improvements on the Bitcoin blockchain may resolve some of that technology’s inherent problems with scalability and ecological footprint. In that case, such a version might plausibly even provide a viable backbone for a wholly new derivative of Bitcoin. It will certainly enable wide adoption of the technology for securely recording property transfers of all sorts—land, stocks, intellectual property, etc.

Currently there are a large number of ventures which seek to capitalize on the power of blockchains. Have any been yet successful? Perhaps so but only as an attraction for venture capital.

Optimistically, a radically better way will be found to provide crypto level security across a globally networked ledger with some untrustworthy participants. Bitcoin blockchain has shown the way. If such a breakthrough happens, blockchain will realize its potential. Even so, I for one, have trouble imagining stashing more than one or two globally distributed databases on more than a few ( say 100,000) nodes across the internet. Scale limits the penetration of this technology. Not a time for blind optimism.

Cryptocurrency discussions / Re: One major altcoins drawbacks

« on: June 05, 2019, 12:36:31 PM »

I believe that the biggest drawback of altcoins is that you never know if the project will be successful. A large range of systems, the vast majority of which do not receive recognition and dissemination, can lead to unsuccessful investments. In this segment there is a large number of frankly fraudulent projects posing as promising crypto-currencies.

Bitcoin Forum / Re: Bitcoin investment or trading?

« on: June 03, 2019, 07:54:53 AM »

right now the support is at 6500$ if this doesnot hold. we are going to 4k .. but the time is ripe for investing in bitcoin for the bears have been the inchrge of market for approx. 6 months now and we are expecting a bull run in near case scenario but dont trade or short your profit or loss right niw. if you can hold your BTC for long it would be great. i have been holding on since 2014 , sold some part at 18k and bought again at this dip. hope this helps .

Cryptocurrency discussions / Re: Does Luck works in Cryptos?

« on: May 30, 2019, 08:27:20 AM »

More than luck it will be Strategy,research will works..I agree with that that we must need some percent of luck in every investments we do. But luck will not work every time but strategy and full research always works....

Cryptocurrency discussions / Re: should I invest in ICO or altcoins?

« on: May 30, 2019, 08:24:34 AM »

If you are looking to make an investment in ICO, I think it is the right time to do it. As currently the market is at its low and with time it is only going to escalate.

Being said so it is quite important to invest in a right ICO. You need to analyze few things like management, team, soft cap-hard cap, legal advisory board etc. If you have right data then you are good to go.

Bitcoin Forum / Re: BITCOIN in 2029

« on: May 30, 2019, 08:20:09 AM »

In 2019, Bitcoin may not see the next bull run. However, the Bitcoin halving event is happening in 2020 so you might see a bull run there.

Bitcoin Forum / Re: Invest in Bitcoin or Bank?

« on: May 29, 2019, 09:36:21 AM »

Bitcoin has the strongest brand name in crypto whether it “has a strong use case” or not. Maybe it gets dethroned at some point, but maybe not. It is thought of as the “store of digital gold” and most businesses and investors are building their strategies and protocols around bitcoin being the coin they are trying to acquire the most.

Think about the crypto landscape for a moment… as this year (2019) has been ecosystem building, more and more institutions and investors are primed to enter the market FINALLY educated enough to feel more confident in investing within the space. They come to understand what all these coins are, what they mean and they want some sort of “solid framework” to not only educate the newcomers but have solid strategies in place. So if bitcoin was bouncing around and alternating position power, it would make things MUCH more difficult to understand or to maneuver safely around the crypto space.

Many companies will accept bitcoin first and other alts as a secondary option. Bitcoin, being the first crypto, also has a solid team of fanatics constantly looking to improve the coins tech so it can actually scale up and not cost so much to send.

There’s also only 21M that will ever be minted so while adoption takes place, the scarcity becomes more valuable thus the coin will keep climbing. The good news is also that all cryptos WOULD NOT BE AROUND if it were not for bitcoin and out of respect for this, it will “not disappear from the market” unlike most cryptos currently on the market. Those with the strongest brand name, use case and adoption rate will be around in a few years, bitcoin being one of them.

Look at Amazon or Netflix stocks when they first entered the market and were “speculative” and look at where they are now… Buying just a 100 shares of each would net you tens of thousands of dollars each

Bitcoin Forum / Re: Why do you choose Bitcoin?

« on: May 29, 2019, 09:33:25 AM »

Bitcoin is a digital currency promoted as a payment method that bypasses the typical downsides to transferring money, such as high transaction fees. But the question is still out whether it’s truly a good substitute for real money? i would rather say yes because if you keep investing your bitcoin with the right platform where you get more of it every 7 days which is a week they are very reliable and they let you know that bitcoin is more profitable and useful than taking cash everywhere and is more secure than cash that you can be rob or scam anytime any day but with bitcoin you can become a silent millionaire which people wont even know anything about your wealth and is more profitable kindly give it a try and know the platform are the best .