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Cryptocurrency discussions / Re: Alt coins worth buying
« on: June 22, 2019, 02:43:25 PM »
What about Monero? Clear use case, solid team and tech.
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Cryptocurrency discussions / Re: Could this be the bull run?
« on: June 22, 2019, 02:41:20 PM »
Once it crosses 10k, the psychological barrier has been broken. Should be a bull run.
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Binance / Re: Is Binance Striving to Become the Facebook of Crypto?
« on: May 04, 2019, 01:32:18 PM »
Well they seem to be everywhere. So wouldn't be surprised if they ended up as big a deal as Facebook.
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Dogecoin Forum / Re: doge had a potential for the future?
« on: May 04, 2019, 01:26:52 PM »
Yes, doge has a potential certainly for tipping others on user-generated content platforms.
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Incentivised Posting / Shill / Re: Re: Monero vs other private coins.
« on: May 04, 2019, 01:25:19 PM »
XMR is without a doubt the best privacy coin. Not too sure about what VEIL offers that would make one invest in it but better technology alone does not mean you should invest in it. Adoption is another crucial aspect. No point investing in a coin with solid tech but with no users.
Also, think GRIN would be a closer competitor to consider instead of VEIL.
Also, think GRIN would be a closer competitor to consider instead of VEIL.
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Cryptocurrency discussions / Re: Be careful with low-volume exchanges
« on: May 04, 2019, 01:22:08 PM »
Just a word of caution on choosing your exchanges. It is not sufficient to avoid exchanges with low volume since many exchanges try to inflate their trading volume. Here are some good resources to find reliable exchanges:
1) https://www.blockchaintransparency.org/
Allows you to see which exchanges are guilty of wash trading.
2) Bitwise presentation to the SEC.
Link: https://www.sec.gov/comments/sr-nysearca-2019-01/srnysearca201901-5164833-183434.pdf
Refer to pg 60. There it is stated that "only Ten Exchanges Have Actual Volume". They are:
1. Binance
2. Bitfinex
3. Kraken
4. Bitstamp
5. Coinbase
6. BitFlyer
7. Gemini
8. itBit
9. Bittrex
10. Poloniex
And even then some in the list are problematic eg. Bitfinex.
1) https://www.blockchaintransparency.org/
Allows you to see which exchanges are guilty of wash trading.
2) Bitwise presentation to the SEC.
Link: https://www.sec.gov/comments/sr-nysearca-2019-01/srnysearca201901-5164833-183434.pdf
Refer to pg 60. There it is stated that "only Ten Exchanges Have Actual Volume". They are:
1. Binance
2. Bitfinex
3. Kraken
4. Bitstamp
5. Coinbase
6. BitFlyer
7. Gemini
8. itBit
9. Bittrex
10. Poloniex
And even then some in the list are problematic eg. Bitfinex.
7
Bitcoin Forum / Re: BITCOIN in 2029
« on: May 04, 2019, 01:21:40 PM »
Given how hard regulators are clamping down on crypto, not sure if it can even make it to 2029. For sure, some countries are open to using it but as a currency doubt it would fly. Afterall, what incentives do governments have to allow this internet money to replace their fiat?
As far as we have seen, only countries in trouble eg. Venezuela have healthy adoption of crypto...
As far as we have seen, only countries in trouble eg. Venezuela have healthy adoption of crypto...
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Incentivised Posting / Shill / Re: Bitcoin is the worst investment
« on: May 04, 2019, 01:18:47 PM »
Worst as compared to what? Bitconnect?
Oh wait you are shilling a coin, no wonder.
Oh wait you are shilling a coin, no wonder.
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Incentivised Posting / Shill / Re: Bitcoin will not make you rich
« on: May 04, 2019, 01:17:00 PM »
so for those wondering, OP is saying Bitcoin won't make you rich. Instead canyacoin (CAN) would. Color me surprised.
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Bitcoin Forum / Re: WHAT'S GOING ON WITH BITCOIN?
« on: May 04, 2019, 01:15:04 PM »
The truth? No one knows where the price is heading. If you want to understand why, see those gurus like Tom Lee speak about their price predictions. When you see how far off they are, it is like watching comedy.
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Cryptocurrency discussions / Re: can cryptocurrency still exist if there is no trading?
« on: May 04, 2019, 01:09:16 PM »
This boils down to the question of the value of crypto.
It is like asking. If no people keep gold in a vault and do not trade it, does it have value?
It is like asking. If no people keep gold in a vault and do not trade it, does it have value?
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Forum related / Re: Hi, introduce yourself
« on: May 04, 2019, 01:04:05 PM »
Good to meet everyone! 
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