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Messages - Turbo Hammer

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16
Cryptocurrency discussions / All alt coin become shit coins.
« on: September 22, 2018, 01:20:08 PM »
Since Bitcoin holding in good position but alt coins are bleeding everyday. It's look all alt coins become shit coins. I will not surprised if alt coin price become below ICO price. Lol. I was wrong that alt coins holding more profits from Bitcoin. I have more than 50% loss on alt coins. Although I am not going to sale in loss even I have to hold more than years. But I don't think so market will recover soon. There is too much negetive news about crypto currency. And it's already effects on alt coins.

However current situation but I think this is good time to invest on crypto currency. But invest only whatever you can afford loss.

17
Cryptocurrency discussions / List of the best trading floors in the world?
« on: September 22, 2018, 01:08:57 PM »
Hello friends ! I want to learn the trade of coins! List of the best trading floors in the world? you let me know it!

18
Japan’s financial regulator has recently unveiled the current state of the crypto regulations in the country. Three crypto operators are currently being reviewed. With 160 companies wanting to enter the space, the regulator plans to add more personnel to help review new applicants. In addition, a self-regulatory plan for crypto exchanges has also been submitted to the regulator.

Japan’s top financial regulator, the Financial Services Agency (FSA), published several documents from its fifth crypto study group meeting on Wednesday, September 12. The current state of crypto regulations and exchange registrations were discussed.

19
Its like all Bitcointalk accounts with no merits have been Downgraded to newbie any reasons please

20
Cryptocurrency discussions / My classification of crypto
« on: September 22, 2018, 12:39:25 PM »
My classification of crypto based on my own research

1. Currency Token

A currency token is your classic and old school cryptocurrency like bitcoin which on coinmarketcap you will find referred to as 'coin' as well as 'currency'. Now in this case, there is further classification into minable and non-minable cryptocurrency. The minable ones will most probably be using Proof of Work algorithm and can be mined using hardware devices. Non-minable crypto will use other consensus algorithms for the distribution of their coins. A currency token is an attempt for the respective coin to be actually used as a currency, i.e a medium of payment for goods and services.

2. Platform Token

These types of crypto tokens allow the creation of decentralized applications on their platform and thus are called as platform tokens. Ethereum and EOS are two basic examples of this type. Ethereum though is both a minable currency token as well as a platform token. However, the main aim of the Ethereum Foundation is to not use Ethereum as a currency like bitcoin is aiming but to become a platform for decentralized applications and organizations. EOS are looking to achieve similarly along with other projects also.

3. Utility Token

A utility token is not meant to be used directly as a medium of exchange for goods and services, although it can be done so. The aim of a utility token as its name suggests is to provide some sort of digital utility which can be utilized to improve a digital business model and incentivize people who help build the business. These tokens can serve digital utility in many areas of commerce such as e-commerce, social media, supply chain and many others also. There are many utility tokens which are built using platform tokens especially.

4. Security Token

You can refer to a security token as a tokenized stock which has received the approval of the USA based SEC. Security tokens are not meant to fulfill any of the previously mentioned types of tokens but they act like tokenized stocks which can also provide investors the option of earning incentives like dividends. However, a security token can also serve the purpose of a utility token as there are projects having a utility token and applying for the security token status. On the other hand, there can also be security tokens which do not serve the purpose of utility tokens.

5. Asset Token

An asset token is one that is backed by real world physical assets like gold, diamond or real estate. These types of crypto tokens can also be termed as commodity tokens as they can be backed by a commodity or a basket of commodities. One of the advantages of these types of tokens is the backing of physical assets which ensures stable price appreciation as time passes by. The disadvantage of this type of token is that it might not provide the technological and business advantages many other types of crypto tokens provide. However, I am not particularly sure about this point but a security token might also serve as an asset token. This type of tokenization will help improve real asset trading markets significantly. Governments can also take advantage by issuing their own asset tokens relying on cryptocurrency instead of a debt based fiat scheme.

6. Fiat Token

A fiat token is a crypto token which is pegged to a fiat currency like the USD or INR. This is a big mistake in my opinion especially if governments adopt this approach. All fiat currencies are bound to decrease in value over time and this is precisely why pegging a crypto token to fiat makes no sense at all other than ideas like Tether which only helps the Tether founder and crypto traders to store their money in a relatively stable Tether over a highly fluctuating bitcoin.

7. Reward Token

A reward token is a method of incentivizing people for using some sort of business/service. Cashback rewards can be one example of this token along with another one being the Indian government looking to use these types of tokens to reward people for using some of their services. The value of the reward token will depend on the kind of entity that issues it.

My conclusion is that currency tokens and platform tokens have the highest technological benefits among all of the others followed by utility tokens. However, it is highly debatable which one can have the best business benefits.

21
Cryptocurrency discussions / What is your strategy for hodling or selling?
« on: September 22, 2018, 12:33:35 PM »
While this might seem like something very intuitive, it is in fact one of the most difficult things I have noticed in the crypto world. When should I sell and when should I buy for maximum profit and minimum loss? After a lot of mishaps in this space, I have come to understand that a system, strictly followed is the key.

My own system is very simple. It doesnt matter when I buy, I could buy at an ATH or midway between an ATH and an ATL; but for the sake of security I would always sell at an ATH. This system assumes there would always be a correction following an ATH, sometimes a very damaging correction that it becomes a perceived market crash. No matter when I buy, provided I don't run into some life threatening issue, I believe there would always be a new ATH, so I wait, and I sell immediately that ATH comes. The I sit back and watch the greed and FOMO take over, wait for the correction, then buy again. Rinse and repeat. The only constant that this formula relies on is that there would always be a new ATH. So far this fact is yet to be disputed.

What is your system?

22
do whales buy and sell with themselves in coordination to manipulate prices? how does it work?

23
Cryptocurrency discussions / QUESTION: Can you choose a specific address?
« on: September 22, 2018, 11:04:09 AM »
Does anyone know if it is possible to create an address for a crypto but you choose your own address?  I mean it would have to be an unused address of course.  Just curious.  Or, are address creations always random?

24
Cryptocurrency discussions / SEC announces that ETH is not a security
« on: September 22, 2018, 10:57:29 AM »
News was just announced and prices have already skyrocketed. What are you thoughts on this?

25
Cryptocurrency discussions / Altcoins vs Tokens
« on: September 22, 2018, 10:41:55 AM »
Recently there are tokens which became profitable for investors not because they have a strong community but the technology they are developing for their project and platform are good and the profitability for investors are well defined in the platform. Do you think ERC20 tokens can stand long term on its own even if they do not develop their own coin / blockchain?

26
I ask for your advice in invested or held up?

28
Ethereum Forum / Why people want ETH to over come BTC
« on: September 22, 2018, 10:03:16 AM »
Why some people want the Ethereum to over come Bitcoin in the near future? Is it because they make profit from ETH or what?

29
Cryptocurrency discussions / Hacking is the Real Issue of Crypto currency
« on: September 22, 2018, 09:55:35 AM »
Tech Bureau Corp. is reported to have been hacked by irresponsible parties and suffered substantial losses, is the exchange no longer safe? Is it true that they are only making it up because they want to control investors' assets ?

This sounds like a conspiracy to investors

30
Cryptocurrency discussions / Shall I buy BTC?
« on: September 22, 2018, 09:51:11 AM »
Is buying BTC currently a good idea, or should I be going with ethereum?
Pls suggest...

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