Yes, a KYC check, if it is so necessary, only large investors should pass. Now, with KYC testing, it’s just absurd. At every step and in almost every operation with cryptocurrency, we must leave all the basic information about ourselves. No conventional means of payment requires the provision of as much identification information about its owner as an anonymous cryptocurrency. Everything turned out exactly the opposite. Anonymous cryptocurrency has become the most attached to the confidential data of its owner.
In any case, bounty hunters should not be tested by KYC at all, since they are not investors.

Cryptocurrency will rise and fall in price more than once. Until the end of winter, we are unlikely to see a good rise in prices on the market, and there may be anything. So far, no one can say how the cryptocurrency will behave, however, it cannot stay long without moving up.

The impression is that some states deliberately came up with a KYC check to turn people away from cryptocurrency. If we pay in cash, we remain anonymous, and in cryptocurrency, which should be anonymous in nature, we leave our data everywhere.
On the issue of providing my own data to ICO projects, I fully admit it for several reasons.
Firstly, I generally think that KYC checks against bounty hunters are illegal. None of the ICO teams showed no reason why they require bounty hunters to undergo KYC testing.
Secondly, I do not think that the right to collect such information should be given to those who themselves do not undergo any verification, and even if there is such a high level of fraud among them.

Failure to pay to the bounty hunters tokens earned by them has become commonplace. Last year, rarely, what campaigns of ICO paid the promised tokens. We understand the existing difficulties in this type of activity, but fraudsters also take advantage of this. I also hope that at least most of the ICO teams will fulfill their promises after a certain time.

We are already increasingly convinced that without the introduction of certain rules in the activities of the ICO, their regulation by the state, this activity is increasingly at an impasse due to the very high level of fraud in it. In addition to restoring the cryptocurrency market, only such regulation can revive this activity. I hope that this year many states will regulate the activities of the ICO in order to protect the rights of participants in the cryptocurrency market without affecting the fundamental principles of this type of activity.

And why should we must love  KYC check, if after she appeared in bounty hunters, there were constant serious problems. We were easily deceived by unscrupulous ICO teams, which now have a legal opportunity not to pay us the earned tokens because of any trifle that will not allow us to pass the KYC test after the end of ICO. Even now, for months after the end of the ICO, we are looking for information in the telegrams and ICO team sites about possible KYC checks that we may not notice and therefore will not receive any earned tokens. We all spend a lot of time and effort on this, especially nerves. This is not just a pleasant pastime, but a solid nerve-racking and a nightmare.

The blockchain technology itself is very reliable and cannot be cracked. Another thing is that not enough attention is paid to the security system on the stock exchanges. However, these are completely different things. The blockchain technology so far proves its competitiveness and exclusivity. Its novelty and revolutionary approach was recognized by all states, even those that oppose the introduction of decentralized cryptocurrency.

Cash payment services bounty hunters is impossible though, would be due to the fact that it is technically time consuming, and therefore not feasible in practice. Payment in USDT is also possible, since it can be transferred to our same MyEtherWallet wallets, however, such payment is not beneficial for ICO teams. They seek to distribute their new tokens and collect real money for it, and not vice versa. Teams still sometimes go to payouts in collected coins - Bitcoin, ethereum, but this happens very rarely.

We see that after the Christmas and New Year holidays a relative lull has come to the market. This indicates that the market is not yet ready for its large growth. I think that in the first half of the year we should not expect a significant upturn in the market, but what will happen in the second half of the year will depend on those positive or negative events that will occur now.

Interestingly, this topic was written in February 2012. Even then, they thought about having a cryptocurrency based on the dollar. Now this idea has come true and we have the so-called stable coins - USDT, TUSD, which are pegged to the dollar. True, this is not a fully-fledged cryptocurrency, it cannot be profitable and practically plays a supporting role in cryptocurrency, however it cannot be otherwise.

KYC verification should not be applied where it is not explicitly provided by law or other by-law, because such verification directly violates our rights to the confidentiality of an individual. Since the activities of the ICO are not yet regulated, the ICO teams are not given the right to violate our privacy in this way. The United States and China protect their citizens from possible material losses, therefore restrictions on participation in the ICO apply only to investors who invest their money in ICO projects. These restrictions should not apply to bounty hunters.
To avoid multi-accounts (which, by the way, do not cause any harm to ICO), there are enough other, and more effective ways.

And why are there so many types of clothes and shoes?
The only answer is that people want to create something of their own, something special and new, and also want to capitalize on it. Therefore, based on the fact that everyone is allowed to the process of creating new coins and tokens, this will happen in the future and this is quite normal. Only in this way can a cryptocurrency be improved and developed. Useless coins and tokens vseravno eventually leave the market.

ICO projects are going through a very difficult time, but they are not dead. While the cryptocurrency market is in long-term stagnation, ICO projects will also experience great difficulties. However, they have not yet exhausted themselves. The market will recover, ICO projects will also grow. Now there is a very big problem with the level of fraud in ICO projects, but this problem is temporary. It can be eliminated by government regulation.

This needs to be talked about, and to speak precisely in these branches, and not in accusations of fraud. Cryptocurrency fraud has reached such a threatening scale that ignoring this massive phenomenon will harm the development of the cryptocurrency as a whole. The two planned forks and both turned out to be fraud. This has never happened before.

In this ICO project, many documents of my friends who tried to pass the KYC check at DESICO were rejected. Therefore, I argue that the verification of KYC, if it is not carried out at the initial stage of the project, is aimed at not paying the tokens to bounty hunters. The ICO DESICO team used various combinations of fraudulent activities and therefore this project should not be completed successfully. It is necessary to make every effort so that such projects do not appear in the future.

I practically do not trade on the stock exchange, all the more I do not want to engage in trade during this long period of the bear market. Now only experienced traders can still earn in such conditions. Now I’m still trying to make money from the bouting campaigns of the ICO, although this has become very difficult due to the large number of fraudulent ICO projects and the massive appearance of KYC checks against bounty hunters, especially at the end of the ICO or even after its completion.

There can be no general recommendations. Virtually every ICO project has its own individual circumstances. We know that it is very difficult to conduct ICO in the current state of the cryptocurrency market. However, more and more ICO teams use this to violate the rights of bounty hunters and not to pay their earned tokens. Therefore, it seems to me that it would be better for the ICO teams to distribute their tokens to the wallets of the participants of the ICO bounty campaign and block their movement for a certain time.

No, the normal regulation of the activities of the ICO is possible only by government agencies that will act on the basis of the relevant regulatory act. Any public self-regulatory bodies of the effect in the fight against fraudulent projects ICO will not give positive results. Check the ICO team for fraud is possible only with the powers of law enforcement. In the activities of ICO, clear rules of the game, the establishment of rights and obligations of the parties are needed. Without this, investors and bounty hunters will not feel protected; the permissiveness of ICO teams must be strictly limited to regulations.

What kind of hard forks are you talking about? It has already been unequivocally proved that both forks - Ethereum Classic Vision (ETCV) and Ethereum Nowa (ETN) were common frauds and all this hype about them was created only in order to seize our secret keys from the purses when importing them for new coins. So forget about these scammers. Some have already lost their ethereum when they tried to get new forks.

What new token are you talking about? Only improvements in ethereum are expected today, no new token will appear. Improvements should lead to a rise in the price of ethereum, but not immediately. This process will be smooth, especially in a bear market. It seems that in the near future we will not see a good growth of the cryptocurrency market. However, ethereum needs to be stocked, this coin is still the best to invest.