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Dmasked

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Everything posted by Dmasked

  1. Coinmarketcap is good for reference but if we talk strictly about consulting and discussions, forums are far better choice. You cannot find such detailed and elaborate discussions on Coinmarketcap so forums like Bitcointalk and Cryptotalk is the place where you should go for consultation.
  2. The key elements for success in trading in my opinion are experience and insight. Good experience in past occurrences in crypto world will help to develop the foresight to predict future prices and sufficient insight in present market will help to identify trends and tads early. But as we all know it is easier said than done.
  3. Pi is on its development stage right now and trying to attract users to officially launch in the exchanges. It is a mobile mining platform which seems legit as it as a strong team behind it who are working for its growth. The mining rate decreases with the increase in users so if you believe in its potential then signup for it early to get a good part of it. Its future will depend on the amount of users it will be able to attract.
  4. It not like i have a monthly quota for investment but i invest whenever i see any possible profits. I generally invest in IEOs and ICOs because new crypto currencies can provide the highest margins. Such good investments come around once in a while so it might take months for me to invest on anything. But when it comes i risk from 100,000 sathoshi to 1,000,000 satoshi as per the potential.
  5. The previous rules were that payments started after 50 posts but according to the new regulations dictates that payments will start only after 100 posts. The rules were updated after there were a lot of spamming and useless posts in the form. Such harsh methods are necessary to keep the forum clean and well maintained.
  6. Paypal is a peer to peer payment platform similar to crypto currency but is very different in other aspects. Paypal is a public company but its ownership belongs to a small group of shareholders and mainly the founders so it is a centralized platform. It is controlled and regulated by PayPal Holdings, Inc. The only thing that keeps them from running away with all the user's balances is the legal rules and regulations.
  7. Anything can happen after halving as the price are truly volatile but it is highly probable for the price to rise because it correlates with the supply. The supply of bitcoin will exactly halve, the demand remaining constant which causes the price to massively rise briefly.
  8. The price seem to keep crashing. After a small rise in the price, it is going downhill again and does not look like it will go up soon. The fall of global economy is one of the essential factor behind the crash of bitcoin market. Hopefully such unexpected crash due to an anomaly will end eventually.
  9. I have already sold all of my Yoda holding after the price went continuously downhill. The BTC/YODA trade also didnot help the price much. The only hope i see for YODA is the weekly Yo pony races and weekly pump where the price will be boosted by 5 BTC. Such pumps are the only thing that can make YODA great again.
  10. It is frustrating sometimes when the transactions take too long to process. When there are too many transactions in the blockchain it takes a lot of time for all of them to be processed so it is stressful sometimes but i also understand that such long confirmations are necessary to ensure the security of the transaction. So i would say these confirmations are very much required.
  11. Due to this lockdown right now, i need some funds to pay my expenses so i will sell a part of my holdings but if that was not the case i would not have sold anything before halving. The last halving was glorious for traders especially those who held bitcoin and this year i want to make the best out of the bull run followed by halving.
  12. it is sad that such a great platform is being abused. All the sections are filled with garbage posts. Most of the topics are simple questions which can easily be found on google and donot require any discussion. The point of having a forum for discussion is to post topics that need discussion. Simply posting what comes to the mind just to earn the rewards is against the forum growth.
  13. Bitcoin might seem like the top candidate for global adoption but it is only due to its trading value. When you consider the transaction speed of bitcoin, it can be seen that it is unsuitable for global adoption as a payment method so in that aspect other crypto like ethereum and ripple which were made to be a currency might be more suitable for global adoptation.
  14. The price stability in ripple price indicates that its potential is high in the future. It is following a good trend as the prices blast up to the sky after a long stability. But the total ripple supplies and the total circulating in the market shows that ripple will need further more investments to gain substantial value.
  15. Actually they are just different in references. Altcoin is the reference to indicate all other crypto currencies that came after bitcoin. The difference is same as any other crypto currency is different from each other. Bitcoin is the first crypto currency and any other currency after that is call altcoins.
  16. Well there are many exchanges which can be better when comparing with Yobit on some aspects but Yobit has its plus points as well. The withdrawal fees in Yobit especially bitcoin is lower compared to most exchanges and when you consider the various projects or offers in yobit like investbox, dice, pony races, pumps, Yobit will be considered one of the best.
  17. The so-called bitcoin bull run was very short lived. It couldnot even last a month. I donot call it a bull run it was a mere a small push. The bull run i am expecting and anticipating is supposed to occur after the halving this year, right now we can only wait and see.
  18. The first buyers were the most gainers from Yoda. Currently the market for Yoda has gone cold along with its price and it doesnot seem to go bright any time soon. But as Yoda belongs to Yobit exchange itself, it might receive a good pump from the exchange to reward its holders.
  19. Bitcoin specifically is good to hold this year. The price went down which was a good time to invest and as the halving is supposed to occur this year, it is a good time to collect as much as you can. I am hoping to collect enough bitcoin to earn heavy grands worth of profit.
  20. The answer is quite simple. Some currency are more desired and held because of their value in current market or their potential value in future market. If any currency promises premium price in future then it is good to hold, you just have to be able to recognize such currencies.
  21. Bitcoin seems to do well even amid this virus outbreak but its not totally safe from its effects. We have already seen that the global pandemic and economic failure can highly impact the price of crypto currencies and the economy is just into recession right now. If it falls down to depression that might mean disaster even for crypto currencies.
  22. Its all about preferences my friend. Some people might find day trading more profitable where as some might find long term holding safer. But the fact is day trading is always riskier which also means higher rewards and in long term holding there is always the probability of missing the highest profit curve.
  23. There are many mirror domains of Yobit exchange that fake to be the official exchange and try to hack yobit account. You must not trust anyone when it comes to your assets and only login and trade on official yobit.net domain. Also dont fall for scam emails and telegram messages and check if the sender of the message is actually yobit or not before visiting. No yobit authority will ever contact you from an unknown private account.
  24. I wonder what the person that gave the order must be feeling right now when the prices have gone so high that you can order hundreds of pizzas with just half of a bitcoin. But there is no point in regretting what has already happened and most people knew including the person didnot know that bitcoin would pump so hard. If we would have known the potential of bitcoin earlier then we all could have been millionaires.
  25. In quantum computers the individual bits can exist in dual states i.e 0 and 1. It will drastically increase the computing power of the computers by hundred of times. If such computers are invented then even the most sophisticated encryption including cryptography will be cracked in a matter of seconds.
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