Scam project will certainly die quickly if in current market conditions. we can see several new projects that register tokens on the exchange but within a few days the price has dropped by 80%. from some of these history investors or traders must have a genius analysis in trading do not be sure of the sweet words of developers if there is no evidence on the development of the project.
You can obviously notice that the scam project is the project wherein you did your best supporting them, giving them your money and they will make you profitable in return but the plot twist is that they failed and just give back your money, sometimes not. While in a good project you can actually make money by earning your investment and making it twice the value or even tripled. For you to notice whether the project is good or bad you can actually check their whitepaper wherein the plans and targets of that particular project are already stated there, you can also visit their webpage/website. |
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If the mining difficulty is no for the best cryptocurrency in the marketplace means we can agree that and go with the the best of the other altcoins on the trading field.
We can consider us a whale investor and plan to make money with the best St best coins.
Maybe it can happen next year, it actually happened when the market is alive, what I mean is that the market should be healthy for that to happen just like what happened last two years ago, knowing that bitcoin reaches its highest peak of value since it started, the other cryptocurrency also reach its highest value, and almost all projects that are being produced that time is going successfully good and being listed in some famous exchanges. I think we should wait for that time again to happen and let's keep on supporting some deserving projects that are coming. |
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Every Government is running with the money from the people, So Government is ready to serve their people because of the taxation. I think cryptocurrency would get enlisted to the government if this system is included in the taxation system. when the government will get benefitted by this system then obviously the government would allow this platform within their territory, we know that tax is being used for the welfare of the people, it's very certain that they will find the proper way to minimize this issue and cryptocurrency will get accepted and legalized around the world very soon.
Indeed. If we don't want to pay tax by using cryptocurrency, then don't expect that cryptocurrency will be adopted by different countries. It doesn't mean that they're asking for tax, they're already taking advantage of us. Tax is part of us. They use money to run the country using the tax paid by the citizens. There are government officials that are corrupt but the main purpose of the tax is for the country itself. You have a point but actually our government are all wiser than we think, for sure they will not let this to happen and will do something that will make us panic and will disclose our earnings in crypto so that we can pay tax, so for now, they might not that too strict so we can enjoy it first, but here in our country little by little, they are making tax regulations on it. It is indeed possible because the government can regulate it, they can ban it, they can also take tax to every investors or users of cryptocurrency. But I am thinking how they can od that because we all know that cryptocurrency is decentralized meaning they do not know how to get some taxes since there are no organizations or groups of people running cryptocurrency. But maybe they can give some taxes to the banks who are accepting cryptocurrency, the idea is that they can give taxes to those people who are withdrawing their crypto using that particular bank. |
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The year 2019 came with diverse expectations from everyone. Some persons were of the opinion that the year would be better than the previous year, others had a negative view.
The year 2020 is around the corner and I would like to know what are your expectations as it relates to the market, Crytocurrency projects and the overall health of the industry.
I used to hope a lot in 2019, the market will get better and I can get more profits. But the reality is not like that, in 2019 the market is still bad like 2018. 2020 is coming and I also think it is not too good compared to 2019, at least we need to wait 2-3 year for the next bull run 2020 would be different with 2019, 2020 there will be halving Bitcoin which usually makes bitcoin price higher So, that's why many people have high expectations for next year. so am I about hope in the crypto world. I certainly hope crypto in 2020 will be better. bitcoin prices are stable in a bullish pattern. ICO began building projects with real ideas. make the best and latest innovations. so that it can support the growth of crypto into the best technology for use throughout the world.
I have no hope for ICO, ICO would die in the near future. no investors wanna invest to it ICO would change to IEO which is better at this time For the next year, I expect that the market will go back again to its healthiness, what I mean is that the market is going to be alive again wherein almost all tokens are at a high peak of its value making everyone profitable with their chosen way of earning money. I also wish to have good campaigns for the next year, I wish that every project for the next year is going to be successful and gonna pump in a small period of time. I expect that the bitcoin will pump up again and reach again its highest value last 2017, reaching twenty thousand dollars. |
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1) Do better research on new projects before promoting them or investing a penny on them
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This is an important thing that is often missed by newbies. Many newbies are interested in cryptocurrency just because they want to get big profits in a short time, without them knowing there are many risks, so they are always affected by the lure of instant profit. Without knowing what they were investing, they gave their funds, without analysis, it was very fatal. This applies to investors and bounty hunters. Let's care more about what we will support. Don't let your money and time go to waste by supporting suspicious projects. Although many things are unpredictable, and this all depends very much on market acceptance, at least we are trying to choose potential projects, not just being affected by FOMO that is detrimental. Old players also have a chance to be fooled, but newbies are easier to fool. So, let's study together, cultivate reading, and don't be easily influenced by the lure of instant profit by asking for funds in advance, immediately stay away. This is indeed a good warning for everyone not only on the newbie, because as of now there are still a lot of scammers out there so we should be alert in every step we take, we should be aware of every decision we make because at the end of the day we are the one who is responsible for our own money. Before investing in a particular project, just make sure you have studied well that particular project so that you know what is their plan in their entire journey. You can actually check it on their whitepaper in which all their plans are stated there. |
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What people don't realize is that even tho hashrates are going higher and higher (meaning more miners are used) the closer we get to lightning network type of resolutions. Definitely right now, it takes a lot of hashrate to mine bitcoin but that doesn't mean that it will continue like this.
Remember that in 2017 December there were a lot of clogging and there was a lot of trouble with miners not being able to reach the demand but in last April (of 2019) we broke that transaction record and there was no issues at all, it was still cheap and easy, why? Because of segwit and that is just thanks to segwit, when you put lightning network on top of that there won't be a need for so many miners and energy will be saved from it. It just needs a bit of time to establish itself some more.
It actually depends on the purpose if that person is actually a miner he should think about the energy consumption since when you are mining a cryptocurrency you need a higher power supply because you need your rigs to be open at all times for you to earn a lot of cryptocurrency. If you have a bigger power supply that won't be a problem but if you dont have and you are just paying it, you must have a better solution for you to earn a lot of cryptocurrency and for your technique to be effective. |
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Ordinary digital currency is not the same as cryptocurrency. Crypto is based on blockchain, that's the main feature here. Blockchain is a new technology, which leads to many new possibilities if we talk about currency.
The difference between fiat and cryptocurrency is big because we can say that cryptocurrency is way more easier than fiat in many terms especially in payment method, we can say that it is way faster and safer than making transaction with fiat because we can say that you only need is the address of that particular shop or person. We can say that the only difference is that the blockchain technology the famous and the efficient and effective they are the more user they get and also support. Because it is their mainstream when they are proposing a project. |
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I'll give you a good advice: get as much as you can. For every person enough will be a different number. Calculate it like this:
Let's say Bitcoin goes to 100k USD which is a great price. Not something crazy high like 1 million and very much achievable in the next 5 years.
Is 1 Bitcoin going to be a lot to you? If you were to get 100k now would it change your life?
For someone in the US it's going to be a nice gift. Enough to pay all debts, send a child to college, buy a car but it's not going to make them rich. For average people 5 bitcoins should be enough to change their lives. Start a business, buy a house anywhere they want, move to another country and start a life there, travel around the world.
Even if you are holding the biggest amount of bitcoin, you should not have to quit earning because stopping makes you poor even if you have a lot of bitcoin because we cannot know when does it goes down when you are spending it. I recommend to continue your journey here on forum and create more money even if you are the richest man holding bitcoin or any other cryptocurrency. I can say that we should not stop in our journey and continue what we have started here. long term or short term trading it must be effective. |
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Nobody is saying "all altcoins are bad" but the majority of altcoin projects are pointless, to begin with. Imagine projects sprouting with the same aim, and the previous existing projects sometimes have better vision than new ones. If we are to follow an ideal altcoin system, newer projects ought to be revamped comparatively but that's mostly not the case. I think there are too many projects sprouting, and most of them are mainly to make the team members rich and nothing more. The few projects with genuine interest get affected since investors are now very skeptical to invest in any altcoin, especially new altcoins. Not all altcoin projects are scam I admit, but to limit risk-taking, at least 70% of my long term holding is in BTC.
It became tiring and boring with these copycat projects and many investors are losing interest along the way. We all seek potential but almost all we can see are people who just want to be rich. Altcoin industry is only getting worse as the number of "failed" projects piles up. They are maybe thinking that altcoin is not really good because they experienced downfall as of now. Making them not profitable at a time like this. But it is actually normal, as we all know about this volatility of cryptocurrency. They think that altcoins are not good just because they cannot earn. But if they believe that they can and wait for the right time that the market recovers, I can say that they can earn because I experienced it myself, joining different bounty campaigns to promote it and they will pay me for the job I have done by giving tokens, but that is not your money because you have to wait for an exchange. |
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Bitcoin is constantly falling and rising again. I think bitcoin still has a lot of stories. We learned some stories. But there are still millions of people who don't know him. Bitcoin is very excited for people. People who love excitement will come to this market.
Nah I dont think that bitcoin is already over. We all know that cryptocurrency's nature is its volatility in terms of value, the idea is that why we think that bitcoin is over if that is only a phase, it is dumping as of now but if we wait and come to a right time that it will rise up again in terms of value that should do it, we can earn bitcoin again so easily, making every project successful because there are actually lots of investors if the market is on a good condition. Also, bounty hunters like me can earn again just like what happened last 2017. |
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There are already attempts to create such banks, and I am sure that such banks will appear in the future.
The big question is how much they will be successful, however, I personally do not believe that the banking system will be able to adapt and get along with the cryptocurrency market.
I see this as parasitic coexistence, but not as a symbiosis.
It is actually better for everyone here earning crypto since they have started. It should be implemented in different countries where there are lots of users are using cryptocurrency. Because instead of bank of fiat that can accept also cryptocurrency, I agree that why we can have our own bank in which we can invest or we can withdraw our crypto. The idea is that it should be famous first because as far as I know there are ATM machines now in different countries wherein they can withdraw or buy bitcoin. |
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First, you probably lack any trading skills so don't even try to play the day/swing trader when you have no clue about what you're doing.
For the average trader, the best thing you can do is fix limits and stops, make a plan, how much you want to win and how much you're willing to lose.
You need to have a solid portfolio in order for you to earn and at the same time having a full-time job in the field. The thing is that you need to have knowledge about trading because we all know that trading is a hard technique to earn cryptocurrency because there are small-term trading in which you can trade time by time and there is also a long term trading in which you are trading your token in a long period of time. In order for you to earn money that you desire, your portfolio has to be solid, and especially it must be secure so you should choose a trading site that is legit and secure. |
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I truly believe in blockchain technology, for crypto to replace fiat it must go through some regulations and control. Many in the cryptocurrency community have spent years predicting that digital currencies will someday take the place of fiat currencies. But mainstream economists tend to view cryptocurrencies with more than a bit of disdain
We all also agree that blockchain and cryptocurrency bring many useful changes. Blockchain was adopted by many institutions and governments to improve utility. While cryptocurrency is still full of pros and cons, although it is profitable but also has a bad side where it can be misused in illegal activities, that is what most governments worry about. So, even if cryptocurrency replaces Fiat, it requires quite a long time and various complicated regulations. I am more certain if cryptocurrency and fiat are used together, complementary. Indeed, I also think of that before but because of the disadvantages of cryptocurrency, it might not happen just like the volatility of cryptocurrency. We all know that cryptocurrency is volatile in terms of value, meaning it is changing time by time so as a currency that is not actually good. Also, not all country is adopting a cryptocurrency like this so there are no users in some country like that. Yes, there is blockchain technology that is developed to help cryptocurrency become famous but that is not enough for now. |
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For me even if you are on the 40th floor if your product is really profitable and will help me in the day to day activities I will go to buy your product. It's the same with choosing coins that have real use cases that help crypto world to develop, and also unique products that will help you make a good profit in the future.
Yes, it is very important for us to use worthy coin and before investing our money we should see if the coin is good or not. We should check the potential and past of that coin. For making an investment it’s important to choose well-trusted coin only and work while you have money. A coin must have a strong future and it must have a good number of investors. choose coins that have a real product and are needed by many people, so that the coins will last a long time and always expand. therefore do not be mistaken to analyze, so that our funds are not lost. the easiest is to choose coins at the top, where the quality has been tested, making it safe for long-term investment yes of course the topmost coin is always very good to invest in it, and that coins are very trusted because a lot of people have invested in it and that is why they are at the top. With the news about the fake volume listing of some exchange site and the previous fake data which the capital market was accused of a couple of years back, you're still among those that still believe every listed on the top 10 or 20 to be invested/supported by a lot of people? You need to be more careful.
And I think the most important is the self research about the coin and also one should check the reviews of people about the coin in which he is intending to invest.
Self-research is still better but people reviews about coins can be misleading. There are many things for you to consider before joining or investing in a particular campaign or project. The first thing you must do is to study the project itself and gain every information you needed for you to trust that particular project, you can actually get that information in their whitepaper wherein almost all of their plans are stated there. You can also look at the other, what I mean is that look also for the reviews of other investors if that particular project is really legit and can be a source of profit. You can also check their website and look for the team. Especially the managers who run the project. |
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pundi x can now be used to buy items or food in a very easy and quick to use a card that can be offline secondhand or online by using technology blockchain very quickly and at very little cost in use, you can more easily conduct transactions with xpos that can be taken to the whole world and ease each transaction.
Indeed, I have joined this pundi campaign last two years ago. They have a device which is being used for you to be able to pay using bitcoin or pundi token. I can say that blockchain technology is getting innovated time by time, using this device, we can make transaction even better especially as a payment method, imagine if we used this device all around the world and forget about cashier wherein the buyer is paying with cash or fiat. Using this device can make payment method even easier. But since there are still countries that are no recognizing cryptocurrency that is not possible to happen as of now. |
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I think because libra is a stable coin with a price of $ 1, it cannot be used for trading. Then I include people who are not active on facebook, then there is no reason for me to use libra coin. In my opinion libra will be very useful for Facebook ads users, they will be easy to make payments if using libra coin. So libra will be better if used as a digital currency because the price is stable.
This is a strong point of Libra coin, but do you think that after a period of good operation, will they become more expanded and become an uncontrollable empire? listen, this is entirely possible. because the US government doesn't have the right to know everything Libra does outside of the crypto market. they may manipulate or do many things that are not recorded in an account. Security is important, and while it may cause US GDP to skyrocket, the danger in the future is preventable. What do you think about my thoughts? I really don't think so as it is hard to judge at the moment as this not yet launch and we really don't know yet what it is capable of, Libra is good in a sense that it can really promote crypto to the masses, adoption wise yes it is but when it comes to the point wherein you want to invest in it, then it is not good to invest at actually as this is a stable coin. As a user of facebook, maybe I can also use the libra coin they are developing, I can use it in many ways such as buying stuffs that are being sold on the facebook marketplace. I wish I can also send money through facebook to my friend. At this moment, many people are waiting for libra coin to be developed and how is it gonna work with facebook. I think the streaming can now earn with libra coin by making money with their own preferred live streams such as games or any other stuff that needs viewers. |
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MiracleTele scammed we that didn't cash out all our reward, if MiracleTele partly scammed hunters, then the project is a failure. Harmony is good but has a dump before they finally distributed the token. But Harmony still has a big chance of rising again, the bounty wasn't for long. More project has disappointed more.
No, actually not. I can say that is because the market is not in a good condition right now, the idea is that there are projects that not that good, yes there are some but it is really hard to success since there are less numbers of investors will invest because investors as of now are preferring to hold their token than to take risks in some projects. But I do believe that there are still good projects are coming even if the market is not that good right now. As long as they are choosing well to secure their money and profit. |
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Banks will add cryptos to the system, maybe they will even build their own app on blockchain system, everything will be changed, they either join or they perish.
I think banks will also join the blockchain system in their banks as I know banking is one way to store money but after the arrival of crypto I now people prefer to store their money in form of investment than storing money. I hope in a few years the entire banking system will start to adopt the blockchain system for making money storage its also helpful for the future of banks. Implementing blockchain is a totally different case than acknowledging bitcoin and altcoins. Blockchain is the technology whereas bitcoin is one of its products. Blockchain developers can improve any existing system. All those banks that wish to provide better services to their customers must embed this technology in their business. Without accepting cryptocurrencies, banks really do not have any future. There are now banks accepting bitcoin or cryptocurrency as their payment or investments, this is actually a good start for everyone to buy some tokens since the value of every token as of now is not that high which is the perfect time to buy a lot of it and hold it until the price comes up. We all know that cryptocurrency is volatile in terms of price and the value is changing as time goes by. There are online banks that supports cryptocurrency, it is indeed better because we can now convert our earnings into fiat easily. But maybe I think some countries than are not legalizing crypto is not like that. |
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One of the biggest problems that crypto developers face is that technology changes rapidly. It is very hard to stay current, they new to introduce better feature than what we have already in this space, who agrees?
The real problem is the influx of those who do not have such innovative ideas. Now we are in such a situation that it is possible to create tokens for only $1-2. If there are greedy people like us, they will surely try to scam others. Even if ease is established for more innovative thinking, such people make everything look like shit. If we take these people out of the market, we will be able to see that the good ones exist. One of the main reasons why investors supporting particular project is that because of the features and new technology that they have, there are projects that are creating new device for their project and there are also projects that are innovating others project, for example, a new exchange is being developed and there are features like fast transaction but since not all exchangers are secured maybe they can make their exchange more secure than others to gain more investors and users. |
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As of now, we cannot rely on the cryptocurrency alone even if it is better to have than fiat, the global adaptation for us is still a dream, in short, we can't use our cryptocurrency if fiat doesn't exist, and that is what exchanges are for, we exchange it in available pair that has value in fiat, for example is Bitcoin, Ethereum, and other cryptocurrency that could be converted into fiat.
In my case, I'm using XRP as of now and exchange it into fiat, so that the transaction fee is not that big unlike bitcoin.
We can say that there's a lot of advantage in using a cryptocurrency between using fiat since it is way faster in terms of transaction especially payment method and I can also say that cryptocurrency is space saving because you can have a million or billion in your wallet application on hand. But there are also disadvantages, there are some countries that are not legalizing cryptocurrency, and there are lots of people scamming other. Maybe crypto being used as currency in the future if that disadvantage can be fized. We also know that cryptocurrency's value is volatile not like in fiat. |
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