Latest posts of: FLHippy

I am hearing day by day about Tether problems and after 3 years, no one turned off the Tether. Governmens, banks, no one likes Tether because they are 'printing' money, but for now it doesn't look like that Tether will stop its functioning.

I really do not understand what do you mean, you are talking about creating own exchange? You know that the most inportant thing is the volume and the way how you get is a by giving more than other crypto exchanges.

It is really a proof of work consensus? Because it is 100% pure mobile wallet app, so it doesn't make a sense to me because mobile phones have low computing power.

Check team members on Linkedin, check their previous experience, and what projects are behind them. Check if they have any real residency.
The anonymous team without any experience is for sure a fake one. Wink

When you compare it with FIAT, then it is better in every feature! Crypto is digital, you can send it overseas in few seconds, the transaction is not reversible, so it makes it trustworthy. No one is able to cheat in the system and creating free money. It is decentralized and transparent, this would help it to expand globally. Plus the limited supply makes it rare and valuable

Bounty and airdrop campaigns should help project to promote itself without spending real money at the beginning of the advertisement. After the need, they distribute a very small amount from the whole token supply, so it is a win-win situation for both sides. Wink

You already invested and now you are looking for answer why you did it? That is really bad attitude! Even in this case when it is not a small amount. So next time, before you emotionally decide for something, educate yourself about it at first!

The main part of your portfolio should be Bitcoin, then followed by Ethereum. When you have these two crucial coins, then you can look for more risky, but probably more profitable coins like Chainlink, Binance Coin or Monero. Wink

It is a pitty that decentralized protocols and its stablecoins can´t provide such stability as Tether can. Look for example at USDQ how it fluctuates, I wouldn't believe it in the long run when it has problem to keep the value in short term. Roll Eyes

I invested in TheKey ICO, respectively I bought token after the first listing on Kucoin exchange because it was impossible to buy tokens right in ICO token sale. The website was down in few seconds. This was the last hype around the token, now look at the price, it is 98% down since ATH price.

In most cases, we see delays because the team wants to prolong the time needed for further development, they do not want to just list a coin without any progress in roadmap because it would mean, that they fail to deliver product and this will cause a drop in value immediately after listing.

What makes a cryptocurrency valuable? The community behind it. If you cheat your community, then who would use it? Who makes it valuable? When bounty hunters spread a good word about cryptocurrencies, they could also let others know how the team behave and people reviews and opinions are very important!

I invested around 200USD into Conligus, after some time Conligus was bought by Onecoin and they merged together. If I invested 200USD into Bitcoin instead of Onecoin, I would have thousand percents profit, now I don't have anything. Roll Eyes

Do you know which currency is the most used one for shady activities? American dollar. Do you know that almost every american dollar, as paper money, has on its surface trace amounts of cocaine? So what we are talking about? This idea about cryptocurrencies is totally wrong!

If I think about it, then I come with an idea that only cryptocurrency-start-ups are enjoying the "free" time connected to the current COVID-19 situation. As you said, they excuse because COVID-19, but the reality is different. All cryptocurrency projects could completely operate online, they even do not have a physical location. So tell me, why they can´t work on the project development? Roll Eyes

You need a consensus to verify transactions and to make it legit. Without verifiers around the world, you won´t have decentralization and you can forget about network credibility. PoW means that users need to spend energy to verify transactions, Pos means that users need to spend money to buy coins and after that they are authorized to verify transaction. This prevents cheating because who would cheat against his property.

There are some projects that rather focus on development than on listing on the exchange, it is mainly token after listing doesn´t have a value, is not backed by a real business and the price constantly falling down - to prevent this, you develop product and after that, you make a partnership with a reputable exchange.

I do not understand why people do not care about this. It is a good indicator if the price for a token in a pre-sale is not over-rated. I give you an example, 1 token is sold for 1USD in a token sale, there are 1 billion tokens in supply, to reach this price after a token sale, the total market cap has to be 1 billion USD, that is more than NEO or VeChain market cap - so as you can see, it doesn´t make a sense and probably it is not profitable for you.

Rather than talking about altcoins in general, you should add telegram groups that specialize only on one altcoin. For every altcoin you hold in your wallet, you should join the telegram group to be informed about all the news and development progress.