Kucoin, is it the next bitcoin? | Crypto Craft

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Kucoin, is it the next bitcoin?

  • #1
  • First Post: Edited Dec 25, 2017 10:14am Dec 23, 2017 7:57pm | Edited Dec 25, 2017 10:14am
Where do you see KuKoin in 2 years?

I just read this article on it and am considering purchasing it but would like insight...
http://bit.ly/2D5r5dh
Quant Trader - My Blog: quantstop.blogspot (dot) com
  • #2
  • Dec 23, 2017 9:48pm Dec 23, 2017 9:48pm
I am always skeptical of new coins but the concept of dividends appealed to me. It appears to have tested 4525 support point twice, so I expect it to range to possibly range for some time. I just ordered $100 dollars worth a few days ago and will be building up a position by $100 dollars every time it tests the 4525 resistance point. if it breaks 6382 resistance I will build up a $100 position on this asset over a 48 hour timeframe. In the mean time I will hold for dividends haha.

Is this the only crypto that you know of that offers dividends?
  • #3
  • Dec 24, 2017 3:43am Dec 24, 2017 3:43am
Quoting bitcoinguru
I am always skeptical of new coins but the concept of dividends appealed to me. It appears to have tested 4525 support point twice, so I expect it to range to possibly range for some time. I just ordered $100 dollars worth a few days ago and will be building up a position by $100 dollars every time it tests the 4525 resistance point. if it breaks 6382 resistance I will build up a $100 position on this asset over a 48 hour timeframe. In the mean time I will hold for dividends haha. Is this the only crypto that you know of that offers dividends?

DGD and LBC do too i believe
Quant Trader - My Blog: quantstop.blogspot (dot) com
  • #4
  • Dec 24, 2017 4:44am Dec 24, 2017 4:44am
Sounds like a ponzi.
  • #5
  • Dec 24, 2017 4:47am Dec 24, 2017 4:47am
Im kuku.for coco puffs!
"If The Fool persists in his Folly he will become wise." - William Blake
  • #6
  • Dec 24, 2017 5:20am Dec 24, 2017 5:20am
To see a future in all these cryptos -
we have to honestly answer one question-
will goverments around the world will replace their own 'fiat money ' with other 'fiat cryptos'
and the aswer is NO
money is the power - they will no going to give it away.
They will probably tax u on profits, but that is it.
  • #7
  • Dec 24, 2017 5:53am Dec 24, 2017 5:53am
Quoting KamaZ
will goverments around the world will replace their own 'fiat money ' with other 'fiat cryptos'
Back then nobody believed that Gold and Silver will ever be replaced by Paper. Until it happened.
Then nobody believed that this Paper money will not be backed by anything - namely Gold. Until it happened.

Banks and companies around the world are already very interested in the blockchain technology.
Who knows. Theoretically Banks and Governments just need to create their own Crypto and make the mining and exchange propriatary.

In the end, it is people who decide what they want to accept as currency. But at the moment, all in the Crypto scene are there for the greed and profits in $$$ they can make. Not to support or create a new currency. If this paradigm shifts, then we might see that Cryptos are started to being accepted as a payment system.

When Bitcoin was new, it already was accepted by various companies, stores and people. Until the fees and transaction times became so high that it wasn't worthwhile anymore. And also because the value of Bitcoin was growing exponentially. So nobody wanted to spend any of them to buy coffee or pizza.

Quoting KamaZ
They will probably tax u on profits, but that is it.
In most countries you are already getting taxed on profits you make with Cryptos. Same as profits you make from buying and holding physical metals or stocks.
  • #8
  • Edited 6:17am Dec 24, 2017 6:06am | Edited 6:17am
Quoting mw108
{quote} So nobody wanted to spend any of them to buy coffee or pizza. {quote} In most countries you are already getting taxed on profits you make with Cryptos. Same as profits you make from buying and holding physical metals or stocks.
It appears that criminals are not using it as currency but as a method solely to funnel USD (or other fiat) from one party to another. Ie they are transacting in USD, convert to crypto and then straight back into USD. Need to find the link to the article. If this is the case, then the most off radar and less speculative crypto would be the one to use.

It's only a matter of time before they all get banned and head to zero.

It's interesting the person (or group) who created Bitcoin is unknown, for obvious reasons I guess.
  • #9
  • Dec 24, 2017 6:11am Dec 24, 2017 6:11am
Quoting C-12
It appears that criminals are not using it as currency but as a method solely to funnel USD (or other fiat) from one party to another.
Yes. This too. Bitcoin was mainly used in the Darknet. Think it has been widely replaced by Dash and Zcash now.

https://www.coindesk.com/u-s-think-t...rist-interest/

However, USD is mainly used to fund drugs and war. But it isn't the currency which is bad. You can use a knife to kill other people or to prepare food for other people. But it isn't the knife's fault what you are using it for.
  • #10
  • Dec 24, 2017 8:14am Dec 24, 2017 8:14am
Back then nobody believed that Gold and Silver will ever be replaced by Paper. Until it happened.
Then nobody believed that this Paper money will not be backed by anything(suported by goverments and used internaly for economy) - namely Gold. Until it happened.
Gold and slver - still around and very valuble
Banks and companies around the world are already very interested in the blockchain technology. -
If companies will use blockchain - how will thridparty crypto benefit from that?
Who knows. Theoretically Banks and Governments just need to create their own Crypto and make the mining and exchange propriatary.
- Banks regulated by goverments they only can do what they say. Central bank can create their own crypto and obliged bank to use only it.
In the end, it is people who decide what they want to accept as currency.
at the end there is law - in country of where You are u have to use national curency as the main payment method(i think in many places in the world)
money is the power of goverment and they will no going to give it away to the third party
  • #11
  • Dec 24, 2017 8:26am Dec 24, 2017 8:26am
Quoting KamaZ
Gold and slver - still around and very valuble
Yes. But you can't go into the Supermarket and pay with Gold and Silver. Back in the days you had Gold and Silver coins and they were accepted as payment.

Quoting KamaZ
If companies will use blockchain - how will thridparty crypto benefit from that?
I don't know. But they do. See Etherum, IOTA, Verge, ...

Quoting KamaZ
Banks regulated by goverments they only can do what they say.
Not really. Behind the doors, Banks dictate Governments. Not vice versa.

Quoting KamaZ
Central bank can create their own crypto and obliged bank to use only it.
Yes, thats what I meant.

Quoting KamaZ
at the end there is law - in country of where You are u have to use national curency as the main payment method(i think in many places in the world)
Not really. I can decide if I want to sell goods or services for $ or BTC. Nobody forces me to sell or do anything only for $. I can accept as payment what I want.

Quoting KamaZ
money is the power of goverment and they will no going to give it away to the third party
As I said: Money is the power of Banks. Banks control the Governments. You should watch a documentary about Goldman Sachs one day.

Inserted Video
  • #12
  • Dec 24, 2017 9:32am Dec 24, 2017 9:32am
Behind the doors, Banks dictate Governments. Not vice versa.
Final decision always by goverment, bank only can give them an advice

I can decide if I want to sell goods or services for $ or BTC. Nobody forces me to sell or do anything only for $. I can accept as payment what I want.
Money for accounting purposes will be still national curency. You sold in Ireland coffe for bitcoin - bank tranfered to ur till 3 euro.

Money is the power of Banks. Banks control the Governments.
Banks can put govermet in very bad position and create bubles in economy - but they do not control them, goverment and cenral bank control and regulate them(at leat they should
  • #13
  • Dec 25, 2017 12:01am Dec 25, 2017 12:01am
glad to see plenty of feedback
Quant Trader - My Blog: quantstop.blogspot (dot) com
  • #14
  • Dec 25, 2017 10:04am Dec 25, 2017 10:04am
Quoting KamaZ
Behind the doors, Banks dictate Governments. Not vice versa. Final decision always by goverment, bank only can give them an advice I can decide if I want to sell goods or services for $ or BTC. Nobody forces me to sell or do anything only for $. I can accept as payment what I want. Money for accounting purposes will be still national curency. You sold in Ireland coffe for bitcoin - bank tranfered to ur till 3 euro. Money is the power of Banks. Banks control the Governments. Banks can put govermet in very bad position and create bubles in economy...
How do you feel about the rothschilds?
Quant Trader - My Blog: quantstop.blogspot (dot) com
  • #15
  • Dec 25, 2017 10:13am Dec 25, 2017 10:13am
Gridcoin and some other coins offer interest. Paying dividends is great if your a holder... But the downside is the if your buying something you have to pay an extra charge.. I think 0 fee coins are the future, Like IOTA... Great for buying a pack of gum or a coke, because there is no fee. Remember the Fee's are already killing Bitcoin, several shops had to stop accepting bitcoin because the fee's got way too high.
Why would I use a coin that pays a dividend but also puts a tax (fee) on every purchase when I can use a 0 fee coin?
The trend is defiantly headed to 0 fee... or variable fee coins that make buying a small purchase possible.
The only system that will work is one designed by and for yourself.
  • #16
  • Dec 25, 2017 10:41am Dec 25, 2017 10:41am
Just bought 200 dollars in kucoin
Quant Trader - My Blog: quantstop.blogspot (dot) com
  • #17
  • Dec 25, 2017 11:45am Dec 25, 2017 11:45am
bump
Quant Trader - My Blog: quantstop.blogspot (dot) com
  • #18
  • Dec 25, 2017 3:00pm Dec 25, 2017 3:00pm
Quoting aroxalot
Where do you see KuKoin in 2 years? I just read this article on it and am considering purchasing it but would like insight... http://bit.ly/2D5r5dh
Trash title, go and search for noobs somewhere else
  • #19
  • Dec 30, 2017 2:15pm Dec 30, 2017 2:15pm
anybody have comments on ripple? xrp
Mother of Pips
  • #20
  • Dec 30, 2017 5:44pm Dec 30, 2017 5:44pm
HEY LETS TALK CRYPTO ! https://chat.whatsapp.com/1KDRzylORRX4obt31s8KbL
$DASH $XRP $BTC $BCH $LTC $ETHEREUM $ETC
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