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The reason why people complain about most IEOs is the fact their expectations were not met. I believe it is important to research on any project before going for it, it time to stop thinking that a project going for IEO will give tremendous return immediately.
If you trust the project, give it time for the team to deliver what they promised.
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No they aren't. The main objectives of IEOs is to reduce fraudulent projects coming to the crypto space; thus with this, one can't say IEOs are bad.
But it is worthy to know that it is very important for exchange to maintain status quo which is to ensure the IEO they approve is worth it.
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One of the things about blockchain technology is the way it offers developers the chance to prove themselves. So, within this space, every project is worth the trial, so as to show to the world new ways of doing things. Which is why, before investing in any project it is neccessry to make good research.
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Yes, I agree with you. IEOs drop in value doesn't mean the true aim won't be achieved which is to reduce scam. Also, this will pave way for solid projects as investors will know the reason behind any decisions they make.
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In as much as BNB has shown considerable growth owing to the underlying features and potential within the platform, it doesn't make it equal or capable of overtaking BTC on the long run. BTC has passed through phases to attain such height and it will be hard to be overthrown.
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That XRP defeated ETH for a shot while doesn't mean it can do the same for BTC. Even ETH can't defeat BTC let alone XRP. In my own opinion, the competition between ETH and XRP is a good one and it is need to make both team hardworking.
So back to your question, XRP lacks the right features to beat BTC.
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The first question is, what is the underlying technology behind these altcoins that will make it so valuable to outperform BTC? ETH is trying it's best but yet can't be likened to beat BTC. The truth is, there is no altcoin with the neccessry features or attention to outperform BTC.
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In my own understanding ETH has the neccessry features and attention to grow beyond $200 what we should be saying is if ETH can grow beyond $1000 before the year runs out as from all Indications, the team means business.
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Community members contributes a lot to the success of any platform which is why it is neccessry and important on how the team treats their members. The reason for this is, it is the community that will spread the good news about the platform to all and sundry. Also, the community can bring ideas and suggestions which they believe can help the platform strive. Therefore when a project lacks some of these quantities from their community members it is a sign to be careful before investing.
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