russia also banning any crypto transaction, this is a very confused country.
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to prove they're not scammer project and minimize your investment of being scam...
1. look for the team if they're legit and real human... prove to yourself if they're human and real, not fake linkin from russia, reddit or facebook stuff... 2. list your find...
There are several key indicators to watch out for while checking the legitimacy of a cryptocurrency project. One of most obvious indicators is the website and whitepaper. I've come to realise that no legit project use a plagiarised whitepaper. There's a huge possibility that a project is false when the whitepaper was not done by them. i agree this is another point to look at
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investing certainly has a high risk let alone we invest in the digital eye if you do not have the mentality and knowledge of crypto, do not invest because it will definitely bring harm
That is right investing has a high risk, but for people who have not good knowledge about investing in cryptocurrency. l also advise the people to be stay away from investing. l think knowledge is more important than money in this world. Lack of knowledge definitely will bring harm. a disease many people have is lazy to research but wants to get rich quickly. many people are more interested in reading profits compared to the project. Well, I have also been like that. however, if you want to invest, make sure you know all the science, concepts, and core of the project in detail, even you also need to find out about it. Well, investing won't be that easy to make people rich. sometimes it makes you fall. most of the times people fall and the scammer made out of it with their bag
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Check out the quality of their social media channels, a promising project will be supported by a strong, active community. Do not trust too much on Crypto score ratings because this kind of scores can be bought for money.
i agree. i don't understand the need of these ico score rating. these rating, just like coindesk, if they're invest or get the free coins/tokens they would write really good thing about them.
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Do you ever wonder why there are many altcoins today? I was just thinking that since the main objective of cryptocurrency is to ease payment. Why would people create so much altcoins when people can only use bitcoin as a payment gateway? Are the founders of every altcoins creating their token for money?
i agree too many altcoins, there should be a stop to any altcoins at this point. all are scams and fake promises anyway. now should be time for in chain creation or app, not creating more scam chain/coins. this is an expert opinion. creating coin, chain, ico, ipo or scam should be long gone, time to focus for in chain, sidechain and app now. the only legit pump now is if the sidechain or app is really working. often time now everything is like circle of life, repeating and rinse, repeat and rinse, repeat and rinse.
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corona has affected the economics globally but has also dampened the growth of crypto-currencies. Until the dreadful disease get wholly wiped off, it is not possible to see any improvement in the crypto market.
Various experts are constantly monitoring the market and saying this. I agree with them.
What do you think about this? Do you also monitor the market?
what experts? before the corona bitcoin is below 8k, now it's over 11k. on march bitcoin below 4k and stock market below 20k. if you bought bitcoin march low that is 3x bagger now. at this point corona really help the crypto-currencies and don't forget the dollar is weakening because of u.s government freely issue their currency, which make gold and crypto-currencies strong. i don't really understand your point here. basically the 2008 u.s great recession creating bitcoin, now the 2020 u.s and world recession/corona which make the u.s freely issuing their currency that make and solidify the crypto-currencies. people start to realized about this and why crypto-currencies is pump right now, u.s currency is weakening.
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to prove they're not scammer project...
1. look for the team if they're legit and real human... prove to yourself if they're human and real, not fake linkin from russia, reddit or facebook stuff... 2. list your find...
There's a lot of tips before here in the forum before investing on cryptocurrency and I can't agree that much with this one. 1. Real human doesn't guarantee that the project is legit or can succeed in the future, you still need to dig dipper and know the purpose of the project because if its just a copy paste of other project, then it will be hard for them to succeed. 2. Listing your findings can help you monitor on what projects excel on every sector. If you are serious on investing to a new project then have at least 3 choices and compare those projects and invest to those who excel. i should say minimize
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hey everyone how is that $1000 ETH going?
it's going!
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i agree crypto don't sleep
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@bitmover. Also, the news article mentioned that some of the investment came from Ethereum's genesis address. Is that where the premine is? Does this imply that this project has Vitalik and the Ethereum Foundation's approval?
This project might become the real Eth2.0 hehehe.
it's basically hype and fake promises, everyone can do that even little 4 years old kid, promises. now you will see those whale/s who bought into it going to pump this project like crazy even if it offer and have nothing, just like cardano, pokadot or other scam projects which started this way... just whales and fake promise then it start from there... it's all about the fake pump that excel a coin to the top you can look crypto as a whole there is nothing much to offer but scams and promises... and most are worth billions! basically, invest wisely and try to think
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to prove they're not scammer project and minimize your investment of being scam...
1. look for the team if they're legit and real human... prove to yourself if they're human and real, not fake linkin from russia, reddit or facebook stuff... 2. list your find...
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i wondered why everyone so wanting to pump etherieum or even bitcoin? it's so outdated! i understand bitcoin being the pioneer but etherum i just don't understand about it, i meant smart contracts and ico is good but it's mostly for scammers thing.
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bitcoin will be pushing north of $10,000 by the end of the month, most alts also pump
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self promote and self pumping $5billion is nothing to the whales, most is just on paper
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It's always for the best interest of the project if they use top exchanges to raise fund, there will be better results
1. Enough money for future developments 2. High trading volumes and enough liquidity 3. Exposure to more investors and whales and even traders
what more can a project team want?
This is why I've Zero my mind that serious projects will always aim for top exchanges, the results are already clear as crystal
all the serious projects and ideas already taken, what left are scammers trying to make it big on noobs expenses.
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I am very pleased to see the pumping, Ethereum already crossed $300. I think in running year 2020 Ethereum will hit $1000. What is your opinion?
when bitcoin pump chance altcoins and eth also pump. when eth is $1000 expecting bitcoin to be $50,000 this time. crypto as a whole is pumping right now
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is the game ballwars still in developing? i remembered to see some really cool graphics about the game.
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Binance card launched in Europe, enabling binance users to convert and spend BTC, BNB, SXP, BUSD to fiat. Binance card worked like traditional debit card powered by Swipe Plarform. Balance on the card will remain to be in the form of BNB coin until the point of sale which users can convert it into either cryptocurrency or fiat. Source: https://www.binance.com/en/blog/421499824684900740/Binance-Card-Launches-in-Europei preferred cash app by square, which already available in the u.s
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I will like to keep this simple and short, you want to invest in DeFi projects? Yea they are the best presently in terms of fast growth and adoption but watch out for new DeFi projects because they are probably scam, you want DeFi project? Look into those that's been around since 2018 or max 2019, not all newly launched DeFi projects starts development in 2020, DYOR and Play Safe.
yes, there is no reason to jump into new projects
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