Scam project was here and there will be scam ICOs always. There is no point to discuss their reliability as a project but victims are bounty hunters and investors who believed in the project and team.
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I already have enough bitcoin but I want to expend my asset holdings into Altcoin. Now I'm a newbie and have no experience but that doesn't mean i will jump right into buying your suggested coins. I will do more research but I need guidance on the coins to look into that's why I started this thread. I'm interested in privacy, gambling and currency coins
I'll be spending more time on the alternative board now, hope I'm welcome.
You are always welcome but why do you think it will worth to invest in the cheap or small market cap coins? There are always opportunities for those who wait patiently but the requirements make it a hard challenge to make a decent return on the investment.
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Have you ever thought of this before? When I first heard of IEOs from smaller exchanges, I thought they were simply catering to one of the demands of ICO investors which is immediate exchange listing. Then came the bigger centralized exchanges like Binance, Bittrex, and Kucoin. It somehow made me wonder why would they open up their platform to crowdfunding. Maybe because they also think that the ICO market is dying? If so, then that would mean less new projects. With less new projects, less potential source of income (listing fees). So in the end, it is still all about the $$$. These exchange are probably afraid of losing one of their major source of income What's your take on this? In the beginning, I did not believe that the IEO can be profitable, I thought that this is another type of fraud. When I saw that they could be profitable, it was already too late - the number of people willing to invest in new projects became very large and it became very difficult to become a real investor in the IEO on the major exchanges. At the first impressions, it was like the new version of the old token sale organisation. Now the difference is cleared by the big exchanges and real investors will never look back. After the end of old style token sale IEOs will lead token sales to a new and healthy channel.
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Making a portfolio with different altcoin can limit the losses caused by single cryptocurrency. Variety of cryptocurrencies will lead to track more altcoins and having more altcoins can give different outcomes for each invested amount.
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I advice you to check the ICOs that are listed on ICO drops, because their team is good to find the promising ICOs.
But I think it is good to invest in bitcoin as price is low and we can afford so many bitcoin at miner price, it has good history and long term holding is best way to make profit from, it bitcoin is the first crypto currency which is now very famous, all over the world people invest in bitcoin so better for you to invest in bitcoin than ICO projects. Bitcoin's current price can give us the next opportunity for investing further. Low prices pull more interest to the project but the project should continue to do marketing task for more.
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ICOs already lost their head after the widely spread news about scam ICOs and new IEO thing. Feeing scammers can be a problem for those who have no idea how scam projects scam others.
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The time limit for coin swap is not necessary and giving enough time to investors are better than making a rush. Limits should be applied to the amount of token depending on the token owning rate rather than applying time limit.
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Investors are people who take the risks and they enter the token sales if calculated risks are worth to potential rewards. Reliable projects don't need to make a KYC for cutting the token abusers IMHO.
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I was wondering too about the listing prices on known exchanges but there is no open information on exchange sites. Fees depend on the project's itself in my opinion.
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Bounty distributions are the biggest reason why so many bounty hunters left the area and go to look for the new job. I know some guys who forget the last date of her SV used and she is now ICO expert in the company.
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A large variety of Altcoins cannot hurt the market cap of cryptocurrencies in my opinion. Having a variety of choices for investing is better than having to shortlist of possibly invested coins.
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Altcoins can be a real way of earning if there is proper planning before investing in. Big and top altcoins can be a safe investment but the rewards are low too with the less risk.
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KYC problem is not new in the crypto projects but many projects joined to scam train for getting more coin. The dark web is full of KYC documents for sale and sometimes I fear about my documents.
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Know your CEO What a creative opinion about the KYC! KYC is not dangerous for trustworthy projects but I can't say the same thing about a scam projects.
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For example, some projects want to take fixed token allocation with pegging the ETH'value to 120 euro. After the end of the token sale, token's price will be decided by the traders in newly listed exchanges.
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I never decided to make my own cryptocurrency but it will be exceptional for me if I ever decide to do it. Launching new blockchain and a new token is hard and finding the professional developers is not easy.
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For Binance, I advise joining the IEO before the official announcement. Last time few guys share their experience on the Reddit about this bug but I never tried this.
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What kind of "bright future" you guys want to promote? I don't think, governments will let the crypt companies take a payment gateway leadership and this is not the first time we live in such situations.
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KYC is a big danger. A crypto market was created in order for people to be free and able to pay anything while remaining anonymous. however, many projects and exchanges have forgotten about this and have us all do the KYC procedure. I consider that it is necessary to announce baukot to such projects. And then they will change their mind. While we are all silent, they will continue to force us to pass through KYC.
Why do you think KYC can hurt the crypto industry and investors? Bounty hunters are crying for taking more tokens in token sales and they don't care about the development of the project,honestly.
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It looks like some guys want to earn the money with easy ways At the start point, it looks easy but after taking some challenges it becomes harder and harder.
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