Let's face the truth, it is only in theory that cryptocurrency is a threat to banks/financial system. In reality, the banking/financial system is so big that crypto's threat is not significant at all. Majority of cryptocurrency investors are not really interested in crypto replacing the traditional financial system, they are just interested in it creating enough hype for more people to get in so their investment can skyrocket.
Think of it, if crypto was really a huge threat, don't you think we would have enough regulation by now?? what is you opinion??
If the cryptocurrency didn't have a chance, it would have died long ago. In a constant struggle, it develops and takes markets away from traditional trade. |
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I would like to make it clear that I have been a bounty hunter, bounty manager, and part of project management for various projects and this is not to support the bounty hunters but rather to show the reality how bounty hunters and what they go through in this forum.
Thanks for your post, I agree with you on everything. I stopped to take part in Bounty campaigns in 2019 for exactly these reasons. I returned a month ago, the situation has not changed. I'm afraid nothing will change. Our forum is too passive. |
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"Will central banks create their own digital currencies?"
Yes, of course they will, there are no options here.
These are not random events, but necessary changes, without which it will be difficult for the world to develop further.
With the news with citibank citing bitcoin as a 21st century gold then it's no doubt that banks can really see its potential and soon they might consider having their own crypto, it will be a centralised coin that can be used by their users as well by the government. Many governments already have planned to create their own cryptocurrencies and for these to be possible banks maybe needed to run the idea of those countries planning it. Sooner or later, they will release their national cryptocurrencies. And then the question will be, do we need Tether? It seems to me that it will lose its meaning. |
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#Proof of Joined
Bitcointalk username: ARTCOINSLV
Campaign to Apply: Facebook and Article
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I decided to leave the bounty compaign, please remove me from the google form, sorry. I wish everyone good luck  |
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"Will central banks create their own digital currencies?"
Yes, of course they will, there are no options here.
These are not random events, but necessary changes, without which it will be difficult for the world to develop further.
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"Are we getting better over the years" We have to get better. If we don't change our lives for the better, what's the point of all this? My faith in technology isn't dead yet
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In a short while that I have been in cryptocurrency I have seen so many crypto project and fantastic budget and planned you see that some of them still left the project unfinished some even do stop the crypto project without any pre_information about the sudden change of plans concerning the particular project so what do you think about the crypto project that have been suspended half way , what do you think that should be done for this kind of the attitude of crypto developer's concerning crypto project abandoned project.
There can be many reasons: 1.lack of funding 2.hacker attack 3.crazy project idea 4.problems with the law 5.fraud. |
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Which do you think is best for a new project and why?
ICO - initial coin offering
IEO - initial Exchange offering
IDO - initial Dex offering
STO - Secority token offering
IEO is always the best for me because infinity I can be sure that they will not scam and will enter the exchange market in the future. In addition, IEO of top exchanges are always the best such as like binance, kucoin. So you should participate in all these IEO because the amount of risk is to low.
Note- I don't know if the same topic has been presented in the past and I'm creating the topic with my own ideas.
People are only interested in what makes a profit for them, and what is called it does not matter. But personally I like DeFi. |
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Since the creation of Ethereum and other smart contract-based and token creation platforms we have seen the number of newly launched projects token created, we now have thousands of dead tokens and coins but many are still create it seems many tokens just come and go.
Do you think we will have a time that there will be no new tokens created and people will stop investing and supporting new tokens or coins?
I often think about it, too. As long as a person has a fantasy, more and more new projects will appear. The world is being digitized and this process can take decades. |
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"Is DeFi really a threat to centralized finance?"
I think we need to look at problems from a different angle.
You should not oppose them to each other.
The market always finds the best option for both parties.
They are equally useful.
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almost all newbies don't see a project as good or not they continue to try to join all IEO / ICO projects without seeing that the project really has potential and has the responsibility to pay bounty hunters, most of their projects only use bounty hunters to promote their project regularly. For free, this has happened in several projects they don't appreciate bounty hunters, they don't pay a penny, most projects that don't want to pay bounty hunters will be a scam.
The hunters should also learn a lot from there. In fact that if there are so many hunters who bllindly joining in any campaign without trying to do any research about that. It seems like that the hunters need more education but surprisingly even the campaign has ended and there will always be a hunter who was always ending his report. I understand that it is necessary to study projects in order not to do the work for free. But this is a problem with our forum. The BTT forum should check teams before the start of the bounty campaign.  |
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Bounty are not always profitable. This is due to shit projects or scam that after your effort for months of promoting you'll get nothing.
Its really disappointing to experience such situation but thats the risk we have to take as a bounty hunter. Thats why if you know that you have what it got to be qualified in a bitcoin paying campaign then much better to switch because these kind of campaigns has an assurance that you'll get paid weekly.
Already a long time ago it was necessary to stop participating in bounty campaigns and move to a new level. The new level is investing. Only there you can make good money. |
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I think Newbies that started bounty activities this year 2020 never knew or understand fully how this space works. i think they need to research properly on this fourm on past topics posted here about how frustrating and annoying it could be. campaigning for projects that will suddenly turn their back on hunters meanwhile at the beginning they were friendly. i have seen so many projects pay hunters and most projects launched this year. it looks like we are back in the good old days.
You can not consider bounty hunters are newbies. Not all of bounty hunters are newbies and I feel most of them are old users. They only create new newbie accounts to join new bounties. They create new accounts when their past accounts are caught by cheating bounties. Though bull market brings more scam projects and more bounties that bounty hunters often increase their activities. There are newcomers to. A friend of mine, who played in casinos for many years, gave up this useless occupation and decided to become an investor, he is too lazy to take part in bounty campaigns)) |
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I think Newbies that started bounty activities this year 2020 never knew or understand fully how this space works. i think they need to research properly on this fourm on past topics posted here about how frustrating and annoying it could be. campaigning for projects that will suddenly turn their back on hunters meanwhile at the beginning they were friendly. i have seen so many projects pay hunters and most projects launched this year. it looks like we are back in the good old days.
We don't know if there are still newbies in 2020 who joined crypto, I have my hunch that those who joined in 2020 are just alts of someone who have been during bounties specially the 2017 boom. So I will say. that he/she knows the risk of joining bounty campaigns already. So it is, I started my journey in 2017 and left in 2019. I came back because there is an opportunity to earn some money. But my goals are different now, I think more about investing. |
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"Are we all fools on believing the word "HOLD"?"
It depends on what kind of cryptocurrency you are going to hold.
When you hold tokens, others sell them, don't forget this.
I hold some ETH and BTC, as I am confident in their growth.
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In the process of trying to be a future whales you could lost everything,trust me this got me no where and I realized that I've lost tons of money because I was never contented, be smart and always take advantage of any project that brings you profit, do not stare at your wallet and say 'im gonna be rich in 3 years later' this is 1% out of 100% chance that it's ever going to happen, remember, been rich isn't the most important part of our lives but living a good life is.
Everything is relative in our world. For some, 100 euros is wealth, while someone with 1 million feels like a beggar.  |
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