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I think this is a great project that will do well once it launches into the global market. there are 3m users already in just korea which has only a population of 50m so about 7% of the population.
there is 8 billion people in the world so we can expect this app to have almost 700m users
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To say the truth not all new projects will afford using binance and other top exchanges for IEO, what about them? No enough fund no going top exchange? I hope in near future binance makes things little bit easier for new projects
|Nope, not all coins need to do IEO on binance to be successful. Look at Creditcoin one of the most hyped projects of 2020, they launched initially on bittrex and okex and they are already up 4000% this year...
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Nope, not true at all. Again, look at creditcoin, did NOT do a IEO and instead just did a direct listing and the price still pumped. the important thing is the fundamentals of the coin, not whether or not a coin does an IEO
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Honestly, most coins are trash. I just went all-in on Creditcoin because I heard coinbase invested into it, probably means they will list it soon.
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IEO is only good on reputable exchanges. But from what i've seen most legitamate projects with REAL instituional investors simply skip the IEO / ICO public sales and basically collect money easily from private sales and then list directly onto exchanges.
For example Creditcoin , invested in by coinbase, y combinator, youtube, etc, just listed directly onto bittrex and OKEX and the price has already gone up 30x
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You are probably just investing in the wrong coins. Look at Creditcoin for example, invested in by Coinbase and Y combinator. Its been pumping non stop since January as the team continues to hit milestones and release new updates.
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Day trading is dead now, the new thing to do is investing only into projects that are guarenteed to succed. Coins like Creditcoin for example are basically set to moon due to who invested into the proejct
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Creditcoin didn't do an IEO and it was still successful because it was backed by Coinbase and Y combinator. The exchange is important but so are the investors behind the project.
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Look at coins with solid fundaments! For example Creditcoin which was invested in by coinbase and y combinator. its experienced continuous growth due to the team following their roadmap and showing contniuous progress
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For me personally, I only invest in top tier coins. For example my recent investment - Creditcoin, ,the reason i invested into it is because of the press release and the news about how coinbase invested into the project.
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Honestly, my best investment of 2020 so far has been Creditcoin. I've been following this project ever since the news of the coinbase investment, and I can honestly say its been one of my highest retruning coins this year.
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They're not bad but there are definitely better options such as Binance. Just remember to treat an exchange as a method of exchange rather than a bank and you'll be fine.
Look at Creditcoin though. Its constantly been mooning and volume is almost at $10m / USD a day, only listed on 2 exchanges too. Imagine what will happen when it lists onto binance
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But if the CEO (brian armstrong) invested, and he has the ability to list coins on Coinbase, wouldn't he do so in order to ensure his investment recoups the original value? I mean it seems to be a pretty smart thing to do
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Well Creditcoin is probably my top 1 coin. BAD would come in at a second. Reason is i base my investments on who other has invested. For example creditcoin was invested in by coinbase + y combinator whild BAND was invested in by Dunamu
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COVID 19 is a big problem in developing countries like Nigeria. Which is why coins like Creditcoin are trying to fix the existing issues. For example I have read that through Aella they are working to build an affordable health insurance system for Nigerians, utilizing blockchain technology.
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The problem with most altcoins is that they have no potential for mass adoption.
Creditcoin on the other hand, is working hand in hand with Aella which has over 500,000 app downloads to build out their platform.
Basically 500,000 users will be using the Creditcoin Network.
this is basically guarenteed adoption = growth
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One of the most popular coins on Reddit right now is Creditcoin, and I completely understand why. It has great potential for mass adoption of Blockchain / crypto, coinbase & ycombinator invested into, and overall the fundamentals are solid.
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Not true at all. News can affect crypto market sentiment very easily. for example Creditcoin recently had a bunch of big news articles due to their coinbase and y combinator investment and the price increases almost 6000% so it definately does have some sort of effect.
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Anyone else been keeping tabs on Creditcoin? There seems to be alot of talk about it recently across a bunch of different platforms including bitcointalk, reddit adn 4chan. I know they were invested in by Coinbase & Y combinator, so I guess now that the news is public theres alot of hype around it?
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Honestly, Creditcoin is one of the best coins I've seen this year. I was an ethereum ICO investor and no other project has gotten me as excited as Creditcoin has. The coinbase + y combinator investment basically seal the deal.
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