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Some bounties do surprise hunters. I have taken part in the bounty campaign of a project just because I felt it had great potential based on its hype and partnerships, upon listing, the price was 3x below ICO, a project which had no partnerships, it started trading at ICO price of $1 and the campaign was for 1million USD!
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After reading the article, I realized he was using previous movements in price to project into the future. Considering the fact that bitcoin rose from 3k+ to about 14k in the same projected period(5 months), it is important to note that the capital required for such a rise is much more than for the previous run and that is assuming that bitcoin doesn't experience further downside movement which is unlikely.
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Although it is good news for the cryptocurrency market as volume often precedes an increase or a decrease in price(I am a moon boy so I'm hoping for a move to the upside eventually), the number of users is not a true reflection of purchases, sure it implies that there is an increase in interest but no more. I own a coinbase account that I've never funded or used.
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This couldn't have been better said. This is the plight if bounty hunters, private sale investors cash out upon listing and bounty hunters are often blamed for the 'dump'. A project I promoted (about 7months ago) just got listed after conducting and ICO at 0.001USD and an IEO at 0.0008 USD. Now investors are complaining and are blaming bounty hunters for the price dump when the project itself is confused as regards their own valuation of their tokens.
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One of the easiest ways if increasing and growing your alcoin holdings is buying POS tokens/coins. Depending on your level of experience however, day trading provides faster growth since it easily allows compounding of profits but be careful, it's also one of the fastest ways to lose crypto.
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Well it does seem like Justin Tron does have the key to the use of fundamentals for the manipulation of prices. Warret Buffet is one that has been very vocal against Bitcoin and cryptocurrency in general. I am quite sad that the lunch was unable to hold, it could have been of a great advantage to the cryptocurrency markets. Then again, this is a man who didn't buy Bill Gates' idea initially.
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This is an impressive move from the Middle Eastern nation. With the ever straining relationship with the United States, Iran has sought to outdo US by legalizing mining. This is a giant stride in my opinion cryptocurrency. More nations with strained relationships with the United States are very likely to follow suit and implement further policies that will be beneficial to the cryptocurrency markets.
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The account may give it some credibility but eventually, it all boils down to your ability to analyse projects and determining whether or not it is viable, legitimate and it f the team members are committed to the development of the project.
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It's truly sad and appalling the way such hacks tend to increase within the block chain space. This is partly the reason why many governments are skeptical of adopting cryprocurrency as a mainstream means of exchange; the security of digital assets. As more users tend yo join the block chain space, the potential target increases significantly.
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The price of BTC cannot stabilise around 10k USD. I remember feeling that way when it was trading at the 6k range last year. Price moves, sideways trading is in acticipation of a further move; either to the upside or the downside. I really hope it's to the upside though, however, numerous analysts are projecting a downward movement and even a potential correction. I think a retracement should be anticipated though.
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Uncle Sam is one of the major holders of BTC. During the operation that led to the end of the first silk road which led to the arrest of Dread Pirate Roberts, thousands of BTC was confiscated. This is just one of the numerous BTC stash that they have acquired illegally. Also major players in the government are crypto-friendly, they just haven't passed laws to recognize crypto as a legitimate medium if exchange.
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The best advice that can be given to any investor is to DCA. Averaging down your position over a period of time is always a good option. Also, buying at local lows is always provides a good entry point.
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When judging the risk associated with investing in BTC and cryptocurrency, one important factor to consider is duration of the investment, "how long do you intend holdimg your cryptocurrency?". Provided blockchains dont become vulnerable to some hack from a quantum computer, the risk associated with investing in cryprocurrency long term is almost 0 in my opinion. Look back five years ago. Imagine such exponential growth happens again.
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Proof of authentication
Bitcointalk username: krb91
Wallet address: 0xbb4A41f3C43dDEc07Db17dE0f1D3E88FD6235246
Campaign: Twitter, Reddit, Signature, Content,telegram, SF Purchase
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KYC should be discouraged within the blockchain space. It saddens me that more exchanges and platforms keep requesting it. User privacy and anonymity is something we shouldn't have to bargain for. With increasing data breaches, the security of personal information is something that is often taken for granted; that an exchange was hacked and no funds were stolen doesn't mean nothing was stolen, user data could have easily been stolen.
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Although a negative devolpment, it is not completely a bad one. It wasn't legalized, neither was it declared illegal to transact using cryptocurrencies. This means that the potential for it to be legalized in the nearest future still exists. Let us keep being optimistic.
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Successfully left the campaign due to personal reasons. I still strongly believe in the project, its potential to succeed and create a better enviroment and a more efficient packaging solution
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Binance seeks to continue being the number one exchange platform, this being the reason for its development of a decentralized system also. It realizes that it needs to be able to serve the US markets, hence, the development of a Binance which is compliant with the regulations of US. It's a good business move though.
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