As we all know, the exchange rate of Ethereum has fallen during the past few months (vs BTC). From around 0.035 BTC per coin six months back, the prices have fallen to 0.0205 BTC as of now. The market share of Ethereum in the cryptocurrency market has fallen from 11.5% to 8.3% during the same period. Other alts have also fallen, but not by this much.
And this has happened despite the boost it received from the IEOs. Can ETH manage a comeback anytime soon? Will the investors stop selling their ETH holdings for BTC, and hold on to the coin?
There is always a chance for a comeback especially if the market will start to recover, Ethereum is consistent now in the 2nd position base on coinmarketcap therefore the chance for a comeback is very high. The prices now is very low and many will surely use this chance to stock some eth and hold it for a long term. Though we didn't really know the thinking of big whales but what I am sure of, Ethereum will grow once the market will start to grow again base on how the market is cycling for how many years. |
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This is a warning to all newbies that seek help from ico rating websites when they are looking for projects to invest money on.. Facts - You have good money to pay? you will get good rating on the platform, this is the way of ico rating websites - Good projects can get bad rating on them, and that doesn't mean they are bad project.. For example, you must have been hearing about how successful gowithmi project was right? check out the rating on icobench using the link below. https://icobench.com/ico/gowithmiThe score is 3.3 where as projects that have better rating turned scam as well, all i am saying is its better to rely more on your own research and not rating. That is how the rating websites work right now therefore their credibility is not that genuine as most of the projects can get a high rating if they can pay a certain amount of money. So for newbies, don't mind about all the ratings that they display on their website or advertisements of the projects that you want to invest on. Instead dig more especially to the most important part like their partners,credibility of the team,goal of the project and etc. |
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There is a trend in this forum whenever there is a dump there will be a group of people who will spam the forum with FUD and then there are a set of people post unrealistic things will bitcoin will cross $50k if it pumps by few hundred dollars, right now I don't see anyone predicting the price. Does it mean people have learnt no one can predict the price or just waiting for right moment again?
I guess, they learn how to behave but fud are very common in crypto society because no one can really predict the market price in the following days,months or years. There are only few who can predict it correctly like the big whales who have the control of the price but the small investors are in no position to make a prediction. Many are waiting for the right moment, once the market will start to bounce back then I am pretty sure that the crypto society will become active again. |
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That's the thing. The only people gaining are the people that initiated the pumps. They're smart. As soon the shit coin goes up buy 10-20% they sell to people buying after the 10-20% up. Anyone who buys after that is stuck with those coins because no one is going to buy a shit coin that is up that much. They end up selling at a huge lost (sometimes 70-90% lost). It's a scam that works well for people who organize pump and dumps. The FOMOs are trying to get rich overnight, but ended up loosing everything. I wish people get it that only trading / investing in Bitcoin will bring you profit. Only BTC's price fluctuate to the point where you can make nice profit trading with even $500. It's going to take a while to build up the profit, but it's almost always a sure thing. This is the big problem in crypto society right now as there are plenty of groups around there that are doing this kind of technique. They are very good in pumping and once they get the buy orders, they will just dump it easily and the victims will lost their money. It should be address to the newbies, as most of the victims in this kind of technique are them especially that most of the newbies didn't know this kind of happenings "Pump and Dump". |
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The altcoin markets has been favorable to few but not all. it is presumed that the early and private investors rake out big cash on New and old altcoin projects leaving many projects at the mercy of the cryptomarkets for survived. Although Most altcoins that has gone down below ROI to the verge of disappearing from the market are increasing daily. One of the ideology we all know about the cryptocurrency is the knowledge of Holding back some altcoins we believed that will do well in the long run. it is an interesting thing to NOTE that these TWO Altcoins made me have a strong feeling that cryptocurrency can be a fortune if you are lucky to invest on it BLOCKV https://coinmarketcap.com/currencies/blockv/and THORECOIN https://coinmarketcap.com/currencies/thorecoin/A closer look on these two altcoins will make you have a rethink about holding some altcoins, what to hold and Not to sell off everything if you have to sell. Both token raised from zero usd to a high price. even contesting with the top 100 coins on CMC. i am sure there are other altcoins that made this moves in the market but it's quite unfortunate that few people are holding such while some has sold off. So, before you make that decision of selling off everything that you have in wallet because the market is down and out. please reconsider before you regret your moves. you might be holding a token that worth millions in the next 2 years. This is the common mistakes of new investors, they only buy once the market will start to go upward but they forget that they can earn a good amount of profit if they will buy in this time of the market as the price is very low. There are plenty of altcoins that have potentials out there but the question is whether we can pick them in the right time. So if you are a new investor, then it will be best if you stock your investment in this type of the market. |
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Some bounty hunters quit because altcoin market is not in good shape but very few new projects still manage to enter this space in this so called bad time, my point is if new projects can take the risks why not same with bounty hunters? altcoin market of this year is poor no doubt but some bounty projects still become a success
Why waiting for altcoin season?
Because it's a complete waste of time and effort. In this season even if you will be able to find a good project, you will end up only earning a few bucks unlike in peak season that your earnings are way good compare now. And aside from that, most of the projects now are struggling therefore it is very difficult to choose on what project to support on and make sure that our effort and time will be paid of upon the end of the bounty campaign. As what I saw right now, it is like 45% of the bounty participants are resting while waiting for the market to recover. |
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Back in 2017, many ICO projects pride themselves of having one of the biggest telegram community. Some of them would market it as a proof or sign that many investors believe in their project. People who have been around all know that most members there are airdrop/bounty hunters who only joined to qualify for the reward. I also saw one post earlier asking for telegram group members and one of the condition the buyer posted is that it "needs to look real". Anyway, this post is just a reminder to beginners in crypto. We don't want you to fall for these tricks to lure you into investing into their projects. Gathering people is another part of marketing so you don't have to worry about it as it is normal and even genuine projects are using this technique in order to widen their reach, not only to the bounty hunters but also to the investors. This also applies to social media groups like facebook,twitter, linkedin,reddit and etc. therefore suggesting to the investors that don't invest to the project base on telegram community numbers are not a good suggestion. Instead, it's better to say that don't invest base on hype telegram community but invest in those projects that offers genuine product,good marketing techniques,active team,bright whitepaper,clear roadmaps and has a good number of partners. |
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As we all know that accounts with red trusts are those who break the rules on this forum either by plagiarism or scamming habits or even more and newbies are been warned not to engage in any type of deals with them but on bounty part its different, good bounty projects can still be introduced by users with red trust account and this doesn't mean the projects are bad, for example sessia bounty project https://bitcointalk.org/index.php?topic=5118659.0Which actually was a profitable and a successful bounty of this year, new bounty hunters should not be too worried about this, just do your own research on any bounty project Let's say that 98% of bounty campaigns that were introduced by red trust members are scam or either shit projects so if possible it will be best that you will stay away from those projects that were being redtrusted. We can say that your example is part of the 2%, so they are very rare therefore as bounty participants we should choose wisely on what project to support. Don't hurry because the bounty pool is very promising instead look for the project that has potential with a reasonable bounty allocatoions. |
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The crypto market is decentralized, we live here as anonymous and free and we love it! But this KYC process is killing the anonymity of crypto! To invest in a good IEO you need to verify KYC, to do a good bounty project, you will have to go through KYC! But why? You guys are doing nothing with our KYC, then why you keep asking our identity? A selfie by holding my ID card, wtf! Did we ever ask you to verify your KYC when you launch a project/bounty? Why you are not coming with another option where a freedom crypto member doesn't need to show his face?
Ok, guys, now my question to you, Have you any idea what can be good to replace the KYC method?
This is what most of the bounty hunters and investors are afraid of especially that we are giving our credentials to the team that we don't even know whether they will safeguard our credentials or they are going to make use of it like they are going to sell it for their own purposes. KYC is killing our freedom so if there are any possibility that can replace the KYC then it will be best so we don't have to expose our own credentials for the sake of few bucks or thousand of bucks for the investors side as right now, I cannot think of something to replace it. |
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Hello Dear Respectful members, it's my first post at this forum hope you will corporate with me I know there are some angry and kind people's so I'm pretty sure it will be very useful for some peoples,
Note: Please don't take that I'm paid or want something
So I'm posting coin/token Names so please be aware from these fraud coins or tokens.
2018 was best year for crypto scammers, I also becomes victim of scammers. So we don't want to repeat this again
Here is list #1 of that shit;
Coin Name: AZAL SHOP COIN.
-Reason: in desktop wallet, there was a hornet to steal peoples info
Coin Name: UPlexa
-Reason: Wallet/mining software contains Trojans/worms
Coin Name: Clearcoin
-Reason: after listing closed, means not working team,
Coin Name: 300cubits
-Reason: almost dead because trading volume is ZERO
Coin Name: Foresting
-Reason: losing its value from 8 months. Continuously
Coin Name: Zulu republic
-Reasons: closed after listing
Coin Name: ARAW
-Reason: no usecase , said we will make a crypto based credit/debet card, but no update.
Price Now: $0.000009
Price in ICO 0.0100
Coin Name: Lyra
-Reason: website is not available
Coin Name: Sharpe Capital
-Reason: Team ran out of funds after they gambled away remaining funds. Officially closed
Coin Name: Innova
-Reason: In April of 2019, Innova Coin was taken over by a new development team but the developers running out of their resources as the price gets lower and lower. $15 to $0.004829 now.
Coin Name: zynecoin
-Reason: No whitepaper , no Road map, team not mentioned they are working in this project. I have checked LinkedIn Profiles
Coin Name: wrkzcoin
- Reason: Just another turtlecoin fork with no development apart from a scammy tipbot that dont even run properly. Pyramid Scam. All turtlecoin forks are pyramid scams even turtlecoin that forked from bytecoin.
Coin Name: monkeytips
-Reason: website is down from long time
Coin Name: DeroGold
-Reason: The coin has no real development or development at all
Coin Name: ATM Cash Gold
-Reason: Mining Software has been disabled, and price pumping dumping.
Coin Name: Pirate Chain coin
-Reason: team members was unreachable, but now they are active
Coin Name: Invictus Hyperion Fund
-Reason: they said we will buy back our tokens, But never they buy
Coin Name: Blakecoin
-Reason losing it's value from 2018 continuously
Coin Name: ethereux
-Reason: closed after selling coins, not even listed ,
Coin Name: Xtrabytes
-Reason: project has been mismanaged and is now on its deathbed. Not followed roadmap
Coin Name: Xensor
-Reason: It does not progress at all according to the contents of the whitepaper, After IEO deposit/withdraw is not enabled, and saying we are doing a swap, website is also down
Coin Name: sonm
-Reason: Exit scam. Not listed after ICO, not refunded to its investers
Coin Name: DFT/ btcdraft.com
-Reason: Dead scam casio coin . Premined and dumped by owners
Coin Name: Alpha Technology
-Reason: Stoled a whitepaper. Got delisted when tried to do an IEO and no exchanges are accepting them
It's a good idea to list all the coins/tokens that end up shit projects or scamming the investors at the end. This information can surely help the newbies to watch closely this thread and hoping that you will keep on updating it or the other members will continue this thread also like they can share some of the projects that needs to be reported. I am not really good in dealing with them as I have no time and right tools to spot them but if I can gather some, I will share it here also. So at least we can lessen the victims of this shit and scam projects. |
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As an entrepreneur I always look for the challenges when I want to think about something new that would change the normal way that people are
doing things. This mindset has never changed and I am always looking for easier and more user-friendly ways of doing things. Back in the day I did
most of the boring work with complicated Dos batch files or scripts to get things done quicker. So how do we apply that mindset to Bitcoin?
The answer is simple >>> "Look for the problems in the other payment systems and solve that with Bitcoin"
~~ Is Bitcoin more convenient to use?
~~ Is Bitcoin cheaper to use and where will that solve problems?
~~ Is Bitcoin safer to use than traditional payment options? Where will it be safer to use?
~~ Is Bitcoin easy to use (How can we make it easier to use?)
~~ Is Bitcoin faster than other payment options? (Where can we apply it to solve problems with other slow payment options?)
~~ Are we using Bitcoin for the correct applications? (Trading or Currency) What should we focus on?
These are just some of the questions that we need to ask to get to a better solution for the problems with the other payment options. Can you
think of any problems and challenges that Bitcoin can solve now and how do we use Bitcoin to solve these problems now?
- Of course bitcoin is more convenient to use if you are familiar with but if not, opposite will be the answer. - Compare to banks, bitcoin is much cheaper. - Bitcoin is safer to use than traditional payments. Ex. You are going to pay 1million USD, in bitcoin you can just pay it using the CEP or computer while traditional payments you need a lot of suitcase to put the money and you need security guard to secure it so you can pay it without any issues. |
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A Crypto investor Michael Terpin lost roughly 1,5oo bitcoins on January 7, 2018, after falling victim to a SIM swap attack, The Wall Street Journal reported.
The bitcoin stake was worth $24 million that day, roughly three weeks after the asset hit its record high price.
The incredibly precise hack involves thieves taking control of a phone number and using it to access email accounts, bank reserves, and even crypto wallets.
Visit the Business Insider homepage for more stories.
One crypto investor lost bitcoin worth as much as $24 million after falling victim to a new kind of hack known as SIM swapping, The Wall Street Journal reported.
Michael Terpin was hit by the attack on January 7, 2018, days after bitcoin reached its record high price. Thieves stole roughly 1,500 bitcoins by taking control of his phone number and using Google's "Forgot password?" feature to gain access to his email. With possession of the two personal accounts, the thieves hacked Terpin's crypto wallet, stole the digital assets and quickly sold them, according to WSJ.
Bitcoin traded between $16,969 and $15,790 per coin on January 7, 2018. The digital coin now trades at roughly $8,700.
Source:
Wall Street journal
This is very personal problem, in the first place why he didn't secure his credentials and didn't notice the changes that were made. Even if they were able to gain access to the email, I wonder how they were able to get the keys of his crypto wallet. In the first place, I didn't think that it is a genuine happening but if in case it is really genuine. One thing that I can say only, he should have put his bitcoins in a safe wallet where the private keys is secure or he should have put it in cold wallet. |
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Personally, I have found out that fee-less cryptocurrencies are extremely convenient for sending micropayments worldwide. Most of them are blazing-fast in transaction confirmation times, making them an attractive choice on top of Bitcoin or Ethereum. Cryptocurrencies such as EOS, Steem, and Nano have no fees at all, becoming a favorite among several crypto enthusiasts (like me). However, it's yet to be seen whenever a fee-lees structure is a viable solution for the crypto economy. I mean, if there are no fees on the Blockchain, then how would delegates maintain their loyalty to fee-less cryptocurrencies? I believe that in order to maintain long-term stability, there needs to be an incentive via the collection of fees among the network's users. Nonetheless, do you think that fee-less cryptocurrencies are the future of the crypto industry? Or are they simply a niche?  Fee-less will not last long if it will continue because the owner will not benefit from it and the maintenance will need some money support in order to work. But if there will be fee-less that will last long and will continue it's support then it will be trend and will be the future of crypto industry. For example, if the tokens/coins demand is enough for them in order to continue the support and can pay the dev's behind the project then it can surely grow. |
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Which one should come first? better to get through bounty before ICO/IEO fund raising or better to run bounty while fundraising is ongoing... Suggestion need
Ongoing should be best because running a bounty before is not a good ideal for the bounty participants as it will only favor to the project owner so there is a big chance that your bounty will not be successful. This is very common also and there are few projects only that runs a bounty before their fundraising but if you can provide a good reason for the bounty participants to join before your fundraising then there is no problem like you will run a bounty campaign that pays btc or other coins that has a value. |
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hi guys do u prefer short or long term investing in crypto i prefer short term only i just buying a coin for ex at 20 and sold at 21 or buy at 60 sold 61 in the same day i don't like long term investing because it take too long and finally that coin can fall even peoples who bought ETH at 0.03 or more they are in big lost now and even BNB some peoples bought at 0.003 or even 0.004 i know that some coins can raise in the future but i don't think we have to hold coins for yeras when u can make in this periode thousands of dollars in short term investments i remember when i make 1700$ in hours with NLC2 its a shit coin true with price of 20 sat now but i don't care because i didn't hold it i just checked its chart and i found it falling to 800 sat and raising to 900 in seconds so i bought it many times at 800 and i sold it 900 and i make 1700$ i less then two hours  what i want to say is why u holding coins for a year when u can make at least 25 - 50$ in a day with only 0.15 - 0.20 BTC this means 50*365=18250$ Your a short term investor or in short you are a daily trader in which most of the investors are not capable of due to lack of time or tools. And not all of the time you will be lucky as there is also a big possibility that the outcome will be opposite. 1700$ in less than 2 hours is pretty good but it needs a luck and a professional experience in order to make this trade successful. |
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As an investor or bounty hunter, you have dedicated either your funds or time for a pjoject and it turns out to be a fail project, what next?
Many at times we have come across this situations and I see a lot of negative posts from different bodies about this projects, y? Because people are hurt and have lost precious time and capital.
I suggest that whenever this situations arise, rather than telling the whole world how you messed up, tell yourself never again and pick up your pieces, go back to the drawing board and never repeat 🔂 that same action that lead you to following and supporting a failed / scam project in the first place.
Beware guys!
It is our responsibility also why we encounter that kind of situation therefore if I will be in that situation, I'll move on immediately and do my best to find a better project next time and to avoid shit projects as much as possible. As a bounty hunter we lost our time and effort if we end up to those shit projects but it's unavoidable due to the facts that even genuine projects will sometimes end up scamming people upon receiving the funds of investors. |
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Trying to understand how the fee system works and why exchanging from fiat is much more expensive than exchanging crypto.
Ok, cryptocurrency exchange fees are usually very low because it costs little to nothing in fees to exchange them, unlike fiat itself. Banks charge a commission for everything, and there are many regulations and financial bodues to contend with who would ultimately want their own piece of the cake.
That might explain why there's a 0.25% fee when you exchange crypto on changelly, for example, and 7% fees when you want to exchange from fiat.
But at the same time, there are services with a much lower fee. BUT lower payment doesn't guarantee good quality service. And this is where I want to hear your opinion
Question #1 - how often do you buy crypto with fiat?
Question #2 - how do you choose the platform? Are there any other criterions than the amount of fee? Security, speed of transaction, simplicity, friendly service?
Aren't you afraid that your personal data may be stolen or sell somehow?
Yes exchanging fiat into crypto currencies cost more if we are going to compare it in exchaging crypto currencies into crypto currencies only. In my case,we have local exchange that I am using in exchanging fiat to crypto currencies and vice versa. Of course a platform is very important, first is it available in our country. Do we have options that we can easily cashin and cashout, as it is the most important in every platform that you need to choose. And with fees, as long as it is reasonable then I have no problem with it. |
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Do you Believe Exchange Volume of the Coinmarketcap?
Also Do you believe exchange volume?
I think all the exchanges are fake!!!
I don't believe most the exchanges volume as most of them are faking their volume so they can rank up in coinmarketcap or other platforms that rates them as this is also another way of marketing their exchange and to gain some users. But in coinmarketcap, I can see that they cannot be bought easily therefore I can trust them like 80% out of 100% as their data is not that accurate also due to exchanges that are faking their volume but still coinmarketcap are accepting it. If they can fix this kind of issue then I can give higher percentage to coinmarketcap. |
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I don't think the Bounty program is over.
Of course, the ICO market has died a lot, but I think the Bounty program will continue until a new marketing plan is released.
Or if there is a new marketing plan that I don't know about, please let me know.
As long as there is a project that needs a marketing,an investors,supporters and audience then the bounty program will not be dead or over. A project without audience,supporters and investors is already a dead one therefore they need it as it is part of their marketing technique in order to reach their goals. Though there are plenty of marketing techniques aside from this one but with regards to crypto industry bounty campaigns is the most suitable marketing technique for their project to become successful. |
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Hey! I want to know how to purchase crypto safe. I don't want hackers to steal my money, and I don't want exchanges to sell my personal data. And is it safe using non custodial exchanges like changelly and shapeshift. Please help!
They are good to use but the risk is a little bit higher compare to using your own local exchange in which you can easily reach the customer support once you encounter a problem with your transactions. As these two exchange have their customers support but the response is not that good compare to our local exchange. But so far, I have no problem in using the two exchange so they are safe to use as of now base on my experience. |
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