I do not agree with you, look at how many traders are using leverage trading? This is a kind of loan and it could be very profitable if you know what are you doing. So, if you are skilled enough you can borrow some money and buy more cryptocurrencies. Loans are now very cheap. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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When you are going o buy some coin, do not look only at technical analysis for the coin and positive news. You need to do complex research if the market is bearish or bullish. As we can see, it is not as easy as it was before to invest into altcoins and be profitable.
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Why did they turn into a scam? They raised about 18 million USD, in the time they were the biggest Vietnamese crypto exchange, if they continue, they will surely secure their position in the market. But they rather took money illegally and pray that no one will catch them?
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While working on a project related to COVID-19 fake news, I've encountered an interesting article about a myth regarding cryptos, Bill Gates and the pandemic. So it goes like this: Microsoft received a patent for microchips that would monitor human body activity and mine cryptocurrency this way. It's also related to anti-vaccination stuff, but that's not the point I'd like to discuss. The point is the reality of “Cryptocurrency system using body activity data” patent that would allow people to mine cryptos using their bodily activity data collected by some wearable gear. You can read about it here. What do you think about such an invention? Would you be interested? Will it ever work? Do the risks (very private data being vulnerable) outweigh the benefits? I have heard also about this conspiracy that Bill Gates is going to overtake the world thanks to microchips. Maybe, cryptocurrencies could help in this case because they can provide us real and verifiable data that the microchips will collect about us. But, I can´t imagine how it can work. It would use supply chains like VeChain and we will become something like goods?
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Without having funds on the exchange you can´t trade, that makes sense, right? Even you trade on decentralized exchanges you have to send your coins from your wallet to a smart contract, from which you can make trades. So, if you do not want to hold your coins on the exchange, you need every time to do a transaction to the exchange to make a trade.
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Keep action, but nobody really cares about it. The situation is now bad for both sides and even that, bounty hunters will promote ICO projects even for less money, so you can´t be the one who will dictate the terms. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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I totally hate teams behavior, when you ask about bounty distribution, they say after IEO/ICO. So you have to watch out the coin regularly because you can miss the distribution and your spent time will be lost.
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All of listed use cases are just bullsh.ts, look where coins focused on digital identity are? I am talking abou TrueVett, TheKey, Key or SelfKey. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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That is the reason why bitcoin has been touted as the only crypto that is fully decentralized. Many of the crypto especially the utility tokens are not decentralized and can still be much in control by the developers. For instance, a token based on ethereum blockchain can still be control by the dev that might decide to rendered it useless by changing smart contract address or by locking it.
The worst thing what could happen to your ERC-20 tokens is a token swap. They announce it on Telegram and after few weeks there is no possibility to swap them.. This happened to me with these coins GricCoin or Swace.
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Do you mean Bitcoin Scam? I do not see any reason why I should use more centralized copied ledger with much much lower computing power with little resistant to double-spending attack. Please, tell me.
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Because Bitcoin doesn´t have a creator, it wasn´t created for a profit and this you have to realize when you invest into altcoins.
Bitcoin has a creator and that's the name Satoshi Nakamoto which is a pseudonym. We don't know if it's a particular one person or a group of people that worked to make bitcoin. But they have an aim and that's to make bitcoin a getaway from centralization. For example, do you think that Facebook is going to create better world with its Libra? No, they see only profit and will do everything to maximize the profit. I believe that one day people realize, how bad is current financial system, that it is owned by elite and no altcoin will solve this problem, only Bitcoin. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) We do agree with this. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It doesn´t have a one centralized creator, I mean, it is something like a world, it was created but we do not know who is the real creator, if god or it was really created by many sequence of coincidences.
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Because Bitcoin doesn´t have a creator, it wasn´t created for a profit and this you have to realize when you invest into altcoins. For example, do you think that Facebook is going to create better world with its Libra? No, they see only profit and will do everything to maximize the profit. I believe that one day people realize, how bad is current financial system, that it is owned by elite and no altcoin will solve this problem, only Bitcoin. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Same problem here, i still own some coins that I have earned in 2016 - 2017, but if I sell them, I would have almost 99% loss, so my question is, if it is worth it, or HODL it and pray that they will moon again. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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That is a problem of bounty managers, they do not care about their job and they accept everyone without checking if the account is real or not. There are about 500 active Bitcointalk accounts right now, so if there are about 8000 submissions then it looks suspiciously, right?
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I have seen the incident about Coinomi that someone lost all of his tokens and coins saved on the Coinomi wallet due to issue with a passphrase, but the question is if he didn't write the passphrase with a mistake, then it wouldn't be a problem of the wallet right?
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It is illegal to pass KYC with someone´s else ID. It´s a criminal offense, so there is no diffrence between this and stealing money from others. So do not worry, send them their real ID, they can´t do much with it because in most cases you need to prove your face with the ID card. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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I would choose MakerDao and its Dai, but even it is the most safe one because thanks to a decentralization and real crypto collateral, there is a risk when market crash a lot and the collateral will not be enough.
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And he is not afraid that it is not legal to create privacy coin? For me it looks like situation when darknet was created.. Thats why I would be afraid if the centralized privacy coin has a future.
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Do the same things, forget about your current earnings and try to think positively. Still there are a lot of opportunities how to earn coins and do not forget that almost every coin is now highly undervalued. Imagine that you earned Bitcoins few years ago Wink .
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