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Would love to hear some more stories!
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It is a deep reoccurring problem which no one has been able to comprehend why
But they say investors dump or Airdroppper dumps or bounty hunters dump
Even when tokens were locked and precautions were take
It still dumped
So let’s just know what we are doing
Yes, this is the exact reason why some projects don't do bounty programs and airdrops. It just increases the chances your token prices plummet after the ICO ends and your token goes to exchanges. |
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Just want to tell a story about my friend. He is kind of a guy who likes new technologies, new ways of doing things etc. I was so sure he is going to go "wow" on Bitcoin. But for some reason he just hates crypto. We find ourselves arguing about crypto way too often now  His main points are the huge energy consumption of mining and different scams surrounding crypto-world. Which of course are part of it, but I find that there a lot of good things as well, which imo outweigh the bad. |
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Lol, isn't predicting the market the key aspect when making your investment decisions? When you invest in an asset, you believe the value of it will increase, right? That's already predicting it's future value. Yes, predictions can be wrong, that's a risk, but investing is a risky business and that's just a nature of it.
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I don't see a reason why Brexit should really impact Bitcoin in any way.
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I think it's both - an investment and a method of payment. It all depends. It is a perfect payment method, fast, low fees. I love it as a way to pay for goods and services. On the other hand, it indeed is an investment object as well. The price will increase in a long run and that makes it a perfect asset to put your money in.
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I think it's great that we increase the awareness of this type of scams. Yes, we have been around for some time, but there's also a lot of fresh blood and people who haven't seen these things and might not spot them as fast as we can. People, don't get scammed  |
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I expect crypto market to bounce back in Q4 and end the year in a good note. I think it is a good time to buy some and see what happens in November/December.
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It is not the first time when crypto market is low. Take Bitcoin for example. It reached $1,100 in 2013.. then the market crashed, prices went down and it regained the $1,100 mark in 2017. It took 4 years to get back to a level it was before. So, you just can't make assumptions based on these few months in 2018. The market will bounce back, it might just take some time.
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This type of scams have been around for so long and people still falling for them? Just use a well known brand, create a fake website and enjoy? LOL
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Love your input! Using blockchain in national voting systems seems like a great idea. Any other thoughts?  It made me wonder, where else could the blockchain help to tackle fraud and help to prevent scams etc? l]
Blockchain being integrated into a national voting system for democratic countries would be nice to hear since it would prevent cheating during elections. It might not prevent fraud, but at least it will help determine who the people really voted. Also, a successful implementation of blockchain in national ID systems will greatly help in making identity fraud lesser. I also agree with your point and I think it will be very helpful since you have to supply your information and probably if the use of KYC is used. ATleast, it will reduce the rate of cheating during polls and the rate of fraud will also reduce. |
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If you back it with gold, then you have to store this gold somewhere? This means expenses, who pays those costs? What if some or all of the gold that is backing the cryptocurrency gets stolen?
Or if you back the currency for example with real estate. If there's is going to be a next real estate market crash, what then?
I think there are many risks involved, and these might do more harm to the coin/token in a long run than do good.
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doesnt this go against some of the principles of cryptocurrencies? Wouldnt this affect decentralization? I think it's quite complicated to implement and preserve those key crypto aspects
This! I mean it would be a nice idea to boost some trust with real assets backing crypto, but USD isn't backed with anything and it still is used and trusted. The trust will come with time and when more and more people and companies accept it as a method of changing value, then the trust comes naturally. I don't think we should be looking to start backing every crypto with something. I have faith in crypto and I don't think it needs to be backed to be powerful! |
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ICO's are not going to die. They can be regulated and that will decrease the number of them, but they will not die.
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Zelectrix project seems interesting. They are going to develop an on and off grid charging system to power Electric Vehicles (EVs), as well as mining farms via renewable energy. Their ICO is not live yet though, but worth keeping your eye on imo. Your own research is obviously needed before making any decisions  https://zelectrix.com/ |
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