Many of us were well known the Coinmarketcap from where we receive all cryptocurrency like coins and tokens details like on which exchange they listed, what is the 24-hour treading volume, or which platform they based on, etc. These days many new crypto coins and tokens was introducing and listing on many exchanges and It makes a very difficult decision for the investor to choose which coins or tokens should they invest to make some good profit. Many of the new cryptocurrency was makes a good pump in their stating days and after they dump in a very dramatic way. This cause a big loss to the investors and the trust in these types to new coins and tokens was finished. So, the main question is that Is it risky to invest in new crypto coins/tokens? or it is good for a very certain time of investment?
Either old or new altcoins the buying time is very important, those who buy Bitcoin at ATH are still in big loss till today, do not buy coins when they are at the top, make sure that you get in when market isn't favorable, you know what I mean? Dumps, reddish market |
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It's safer to avoid bounty projects introduced by new bounty managers but what about bounties managed by the Project team? Still sometimes it doesn't matter, every old bounty managers with good reputation today starts from somewhere, they are once newbies to Jr members before
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From careful observation, it's becoming clear that it may be hard for crypto to go mainstream without the involvement of the payment sector. Whenever we talk about cryptocurrency payment, we quickly want to adopt Bitcoin. I think we are all getting it wrong here considering Bitcoin's high transaction fee and relatively longer confirmation time compared to other crypto stablecoins or other faster crypto assets.
My personal take, however, is that, for crypto to go mainstream and the impact felt, the focus needs to pivot a bit away from Bitcoin. Yes, it is the first crypto, but at its present state, it definitely cannot fit into every area. This is my opinion, if you have something contrary, I will definitely love to hear them.
Crypto payments are nearly entering the mainstream phase as i have seen few local vendors accepting payments in crypto and secondly i have seen a surge in people that deal in crypto face to face atleast in my city which is also a sign of adoption because it means that people are buying, selling or exchanging crypto on a regular basis now. Thanks for bring out this fact, I have friends in Singapore who actually confirmed that many stores and few merchants are now accepting cryptos as means of payment, things aren't perfect yet but it will take time, it's already happening, many part of the world aren't just noticing it yet |
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The Proof-of-Work algorithm and the Proof-of-Stake algorithms are scams. Proof-of-Work algorithm actually costs more than it makes. This is why every single Proof-of-Work algorithm crypto has to be supported with FIAT money, which honestly speaking makes them all hybrid PoW/PoS. Proof-of-Stake is a scam because it's just money backed with money.
You seem to lack the technical knowledge and how these algorithms work and what purposes they serve, it easily indicates that your knowledge about these is superfacial and you have just built your opinion without digging up the topic in detail, I will suggest to read the technical papers of how pow and pos work and what purpose they serve then you will realize that you knew nothing while posting this. I don't. They just vacuum cash to sustain any kind of value. There is no external demand from the general population for anything that the miners produce with their expensive hardware. Quit talking OP, what research have you done on this? Every claims coming out of your mouth are based on your own point of view, what do you know about POW and POS? Do your own research. Do you know that Proof of work Algorithm is used to confirm transactions? And still produce new blocks to the chain? DYOR |
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#JOIN & #Proof of authentication
"Signature" Campaign
Telegram username: @Doranile
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I'm forced to create this topic today because it's getting annoying how some new developers are creating gold backed tokens on this forum, please listen to me, some use cases are foul play in crypto space and gold backed tokens are one of them, many so called devs are building tokens but they have no proof that those tokens are backed by any gold yet some investors believed them, it's all lies, open your eye people...
The only way I can trust a token that's backed by real gold is if the project is from a gold company, verified and certified, I'm talking about well known real gold companies like
1. Kinross Gold
2. GoldCorp
3. Agnico-eagle mines e.t.c
These are examples of real life gold companies, stand for the truth and stop promoting or patronizing unrealistic crypto projects
Are you sure that these projects are really backed with real gold? I have known some projects that actually been backed with gold but not able to get traction nor become success due to lack of interest. Its nothing new that project devs will be tagging off other ideas just for them to imply it into their own project and make it look more interesting. When we do talk gold then it do simply spark out someones interest thats why you cant really stop nor get rid of those people who do deal up even with fake ones.This isnt only limited on gold niche but also in others as well. If you read carefully he mentioned if its backed by these companies because those are companies dealing with real gold but I dont see any reason for those companies to have any partnership with cryptotokens when they dont have any problem exchanging their gold with real cash. That's the point, real gold companies don't need crypto tech to expand their business, it's like giving away golds for tokens, I see no reason to trust any token that's backed by real gold because to me it doesn't make any sense |
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Comrades, I need your opinion. I signed up for an airdrop from the DFINITY project, which promises to send coins for an amount equivalent to 100 CHF. At the same time, they ask to participants to pay $ 9 for the passage of KYC. It seems to me that this is a fraud, but what do you think?
Can the project require money for the passage of KYC and should I do it?
For 9$? No I will pass by and why wasn't it stated in the first place that KYC will be required? Why after? It's not worth sending out your details for few tokens, it's likely to be a scam project, do your research, even if the project is not a scam, KYC for 9$ sounds unworthy |
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Not on the use case itself, this is not DeFi at fault but the project team who aren't capable of using better security features on their project, please stop making DeFi looks bad, decentralized Finance is a new use case, how team member will handle it will be different from one another
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It's been four good years that I've been using wallets on smartphones to store my coins, I haven't lost a penny on through hacks on smartphones before even after changing several phones, im a privacy kinda person, I don't share phone with any one and I always use 2Fa and finger scanner on my phone just in case.
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Once a project turned scam there is no way to retrieve your fund even if the culprits are caught, I haven't seen where funds are returned to the owners, you gotta be careful in this space OP, dangers lurks in every corner
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There are still good bounty managers on this forum but you can't always choose projects without doing your own research first even if the project is from top bounty managers, here are few bounty managers I respect
1. Julerz12
2. Wapinter
3. Masulum
4. bubbalex
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Seriously are people just creating hypes on here? After reading number two to number six comments about the original post it's like a planned work, HYPE won't work, investors are now smarter, I don't know any real Real Estate project that works, they are 98% scam projects
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Keep it up OP, we need people like you that can keep spreading words about crypto scam projects, if I know how to create videos or have the right equipments I would definitely give a try, most expecially on YouTube there are tons of fake giveaways that newbies still fall for till this day, thanks for sharing
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Just be careful because very soon scammers will try to build fake DeFi projects to lure investors since investors have interest in DeFi projects like many claimed, remember what happened when ICO entered crypto space? Same thing will be repeated, you've been warned
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I can't see anything here than CPD Project trying to create some awareness, I bet thousands of people will be following their Twitter channel right now, it's possible to crack private keys but almost impossible without any clue, I don't see any puzzle waiting to be solved in that painting
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Everyone dream about grabbing a good altcoins at their early ICO price and hope they grow bigger few years later, for me I think there is always a first time for everything, Ethereum introduce smart contracting, some copycats rised up, but to this day those other smart contract projects still can't beat ethereum, old is always gold in crypto space
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Your friends are either cheating the bounty campaign or they are shit posters, many members on here still ignore the forum rules, the best way to avoid getting ban is going through the do and don't, stop blaming the moderators, they are smart and they know what they are doing, it's not mistake your friends account gets banned.
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The future of most new altcoins are uncertain, anything can happen, very few new projects are promising nowadays, you need to trend carefully or you will get burnt easily
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Scams are sometimes easily detected but some people wants to make unrealistic reality to come true, they are in hurry to double their coins, any wallet or app or even airdrops that ask you to make deposit first it's definitely a scam
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I accept the fact that binance turn the 1st on coinmarketcap, to me this is the best crypto exchange in crypto space, they deserve that position, it's hardworking and now exchanges ranking have changed, Liquidity is been used for rating instead of volume
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