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faridk (44)in cryptocurrency • 6 years ago
RE: Buying Altcoins in 2019?
Couldn't agree with you more. I just can't see any of these projects working and none of them will have a decent ecosystem or developer network to be sustainable.
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faridk (44)in cryptocurrency • 6 years ago
RE: Why EVERYONE Should Consider Having 1% Exposure to Bitcoin
In this scenario IMHO bitcoin will indeed balloon but I do not think the entire asset class will follow. Rather I think BTC will decouple from most of the alts.
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faridk (44)in cryptocurrency • 6 years ago
RE: UPDATE: Learning Coding & Smart Contract Programming From Scratch (#1)
It sounds like you have adopted a pragmatic approach which will pay dividends going forward. Once you master the basics and get a bit more practise the value of Ivan's approach of up front reading…
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faridk (44)in cryptocurrency • 6 years ago
RE: Life After Crypto: What Are Your Plans For a Post-Hyperbitcoinization World?
I hope that in a Post-Hyperbitcoinization World many people will be able to escape the "hamster wheel" and work on things that they are passionate about, networking and cooperating with a global…
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faridk (44)in cryptocurrency • 6 years ago
RE: Too Much Optimism Still in Crypto? Prices Heading Way Lower? - Let's Discuss
IMHO all this talk about "dumb money" and "smart money" is an attempt to explain / justify price movements after the fact. Crypto like any other asset class is governed by probabilities not…
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faridk (44)in cryptocurrency • 6 years ago
RE: Will New Altcoins Replace Today's Altcoins in Next Bull Market?
I think new cryptos could appear and may be successful if they prioritise " substance over style". By that I mean good well thought out idea that actually solves a real problem instead of…
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faridk (44)in cryptocurrency • 6 years ago
RE: Bitcoin VS Altcoins - Which Will Perform Better Next Bull Cycle?
For me an alt-coin needs to do something that BTC can't , or do something much better than BTC and have a sustainable ecosystem. Frankly I do not see many such coins in the alt-coin universe.…
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faridk (44)in cryptocurrency • 6 years ago
RE: Bitcoin: Identifying Unsustainable Bubble Tops VS Sustainable Price Surges
To be honest you can't really tell because cryptos are so volatile. However if I see crypto asset charts climbing vertically again I am running for the hills.
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faridk (44)in cryptocurrency • 6 years ago
RE: Must Altcoins Die Before Next Bull Run Can Begin?
Will all the alt-coins disappear ? I don't thinks so but I think that there will be a massive cull. To survive an alt-coin needs to have some kind of USP and I do not believe that all the 2116…
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faridk (44)in cryptocurrency • 6 years ago
RE: My FINAL Target Bitcoin Buy-In Price (If Price Drops Below $2,500)
Unfortunately I think the bottom could be circa $1K and allowing for a bit of hysteresis may even go below that. Tyler Jenks has decades of experience as a fund manager and IHMO is well worth…
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faridk (44)in cryptocurrency • 6 years ago
RE: How the Rise of Bitcoin Could Affect Real Estate Prices
I can't see this thesis playing out as if the current financial system busts people will take refuge in defensive assets and property is considered the ultimate defensive asset. In a Hyper…
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faridk (44)in cryptocurrency • 6 years ago
RE: Has Bitcoin Capitulated Yet?
My personal metric for "capitulation" is when the alt-coin "universe" down-sizes by 80 %. There are still too many "vapour-ware" crypto projects still up and running for this market to have…
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faridk (44)in cryptocurrency • 6 years ago
RE: Why I'm Learning to Code in 2019 (& You Should Too)
Good move in my book and I think Ivan'e course is a great place to start especially if you are a newbie . When learning to code it is important to master the base concepts and not just crash reams…
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faridk (44)in cryptocurrency • 6 years ago
RE: The Ideal LOW-RISK Cryptocurrency Portfolio
sound advice particularly in a crypto bear market.
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faridk (44)in cryptocurrency • 7 years ago
RE: ICO Hot Seat: My Challenge to ICO Companies
Might work but I really I think there should be a forfeit for the ICO people if they fail to impress :-) Make them donate to charity !
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faridk (44)in cryptocurrency • 7 years ago
RE: ETH & Altcoin Rally if Bitcoin ETF Gets Rejected?
I really can't see an alt-coin rally in response to the rejection of the bTC ETF. While this might be a plausible scenario in a bull market it just does not make any sense in a bear market. If…
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faridk (44)in cryptocurrency • 7 years ago
RE: Making Money is More Important Than Being "Correct" on the Economy
While I think the "gold bugs" like Peter Schiff present a compelling argument to profit one would probably have to buy and hold gold long enough for the current fiat system to collapse or at the…
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faridk (44)in cryptocurrency • 7 years ago
RE: Let's Argue: Own 1 BTC First, THEN Play With Altcoins?
Based on a limited circulating supply this is sound advice. Only thing is I wonder how many ordinary people will have the spare cash to purchase 1 entire BTC.
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faridk (44)in bitcoin • 7 years ago
RE: Bitcoin Spikes: Can Anybody Explain Them?
Could be coincidental but whenever the re is a lot of interest in shorting bitcoin we get a pump like the one we have just seen.
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faridk (44)in dlive • 7 years ago
RE: ShipREKT Gold - Another Reason Bitcoin is Better than Gold
I am not sure that BTC is a competitor to Gold but they are both a store of value. IMHO I can't see space mining being a threat to the value of gold in the near or even medium term. In times of…
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