Any campaign that start censoring people when they ask questions about the project is likely going to end up being a scam, there are many bad examples out there, the reason most people fall victim of these is that they do fail to research about the project but I can tell you there are many reasons that make a project to fail not because it is a scam but some of these good projects failed because the developer is not a business man, does not know how to sell his project to raise fund. I need to be excited about something I want to put my money into
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In crypto info websites, a crypto's marketcap value is an aggregated amount taken from various exchanges. It has been known that altcoins with a smaller marketcap can be subject to price manipulation by controlling the supply. Therefore, price stability may not necessarily rely upon the marketcap. Instead, the market value from daily transactions and trade volume can show possible trends in the future, but even this shows no certainty for price stability.
Crypto marketcap is the product of the current price and the current circulating token supply in the market. What most people focus on when lookin at a project is the price which is very wrong because I can use 1BTC to pump some tokens to 200% gain within a day and if you are a bagholder and want to sell like $10k of the tokens, you can crash the price to zero because the is no liquidity, that is why people prefer to trade on big exchange where there is volume and liquidity
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NEX is just one of the hyped projects with decent team behind it, all these projects that raised money during the top of ICO are finding it difficult breaking into the market, to be sincere the exchange market is very saturated now and if you do not have deep pocket and good reserve you will just be among the herd.
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I don't know why people feel they need to wait till a token pump before they start showing interest in it, KNC is one of the hyped decentralized projects during the ICO boom but has failed to live up to expectation, decentralised exchanges still has a lot of work to do before people start trusting them with their money.
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I do not understand some people, these people are marketing their shitty coins and need people to buy in, so onus is not on them to make the project legit but on you not to waste your time and money waste on nothing. This is going to get worst as the bull market kicks in and more scammers start getting into the space because for now Crypto has not started making noise
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Wow, what a shitty space we are, if you do this in wall street you know is illegal. What I really do not know is why do you want people to buy it now if you have this inside information that you can use to your advantage, if everyone buys now who are is going to buy when listed on Hobit, just thinking loud or you want to cash out and looking for the greater fool
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I don't think people are the issue here but you guys, you introduce a project to the forum and you expect people to just flock to it, I saw Bitcoin in 2013 and bought my first Bitcoin in 2016, adoption takes time, what you need to keep doing is developing and improving our project, if it is good people would discovered it and it would accrue value
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The funny thing about this is that people think these tokens do have use cases. I don't think 1% of the tokens in the space have usecase. People just need to understand this truth, investing in these projects is risky but you can minimise your risk by not following the herd, invest in projects that whales are interested in.
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You can't call something a scam if it has not scam you, XCard will not be the first one or the last project that would stall because of funding, the team is unable to raise fund for the project and do not think the current market condition is ripe for their IEO. I think it is better to becareful with our choice of words, Scam accusation is a strong issue.
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I don't think whale seems to be interested in pumping Ripple for now, reason being that the team is selling and pushing the price down. I don't believe people should put their money into the token because the risk is more than the reward, look for better tokens with good fundamentals to invest
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The main reason is simple no demand for these tokens because they have no usecases. When Ethereum was pumping hard then t was because it was serving a demand that was ICO and we all know the amount of money that was raised through ICO then so people started buying to get into the next big thing, if there is no demand for these Altcoins like the ICO days then people need to forget the talk of $1000 Ethereum or Altcoin market doing 10X
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People need to forget the halving day event because the price has already being priced into it and this is what I think would happen buy the rumour and sell the news. The main price movement this year is going to be the Q4 with everything in the economy with CoronaVirus it would take time to see price reflect halving into Bitcoin price
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It is not enough for you to look, you need to see also, there is no way people that got into the IEO would not be happy with Cartesi with the current price because they are still in profit, what I see is that they are trying to shake out some weak hands, remember Matic IEO dumped after the IEO then did something like 50X later
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Do you know the number of projects in the space implementing sharding, many of them. The thing here is that many of these projects start throwing around big jargon around and you find out they are not better than the present technology, there is still reason why Ethereum is still leading the Dapps market despite all its well know shortcomings and no new project come close to it
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There are number of smart contract projects now and a good few still looking to enter the market this year and after looking at them, there is no Altcoin that come close to Ethereum, just look at their market cap and the numbers of Dapps on both. Cardano to me has been making many noise for some time but has yet to deliver something substantial to think this can give Ethereum good fight.
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For the low fees, that is what Crypto offers, there are many big transactions that the fee is not even up to $200, that is why bank is fight tooth and nail not to lose their cash cow from remittance fees. If the fund is not moved to exchange their is no need to panic, people would start worrying if it was transferred into an exchange
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I do pity you, Chico is doing is own job, does he tells you that he got paid for shilling Shipchain, this is what most of these YouTubers do, shill you a coin and make money out of you, buy a coin or into a project because you believe in the future of the project not because one Youtube channel mentioned it.
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I do agree with you, it is waste of time to want to raise funds from some of these small exchanges where most of their volume are fake. Exchanges are just being greedy, ICO concept is not their game they forget that there are many reason that made ICO a huge success and the model was sustained for sometime if not for the SEC that went after the developers. I just believe we still need something like ICO in the space that would bring new money to the space
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More than 3X ROI this is very good for investors, I do give the team credit with the way they went about their project, took their moment and was able to get to Binance, the price is currently good but the issue will be when the locked private sale tokens are being released how many o the tokens would be dumped on the market
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This is not as easy as ABC you know, project like Cartesi that released their IEO on Binance recently has been developing their project since last year and was able to sell it to Binance which they bought into, if you miscalculate and release your project on exchange where is no low volume and trust then the project might fail before it get to exchanges, there are many projects like that that raised millions of USD but listing on wrong exchange destroy trust and experience loss of community interest
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