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Interesting that people are getting realist with their expectations, the era of the next 10x projects shilling seems to be over. I like some of the projects on your list but IMO their success depend on that of BTC, I don't see how Altcoins will fair when the price of BTC keep dumping
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To me I don't see anything interesting about this project, a project using all the polish words just to gain attention, All these project need to wake up and start delivering that is when value will follow, attending conferences is just a step even Bitcoin have their own conference and we all know how it all ends
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I don't think is fair to compare the two project, the are technically not offering thesame service or product, it is just like asking why is monero not having the Mcap of Bitcoin. A lot goes into project valuation and success than the idea and the team, the quality of investors that invested into Chainlink can not be compared to Blocknet another thing is the exchanges on which they are trading
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There are so many rubbish project this year, and there is need to clear them out of the space, I will pick Velic, an exchange tokens, that lost 50% of its value on the day its start trading, these guys just want to be part of the space but can play the part. We need to send all these stupid developers out of the space that are just after people's money and nothing else. the IEO price was 300sat and now trading at 8sat
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This is just if, new projects are finding it hard to list on top exchanges because of listing funds but since market is not in a good season why is top exchange listing fee still that high? Top exchanges are not making it easy for new projects to list on their exchanges or am i missing some good information?
And about binance IEO is there anyone on here who can tell me more about them? i mean if a project like eminer can conduct IEO on binance why can't others? is there some kind of agreement like taking IEO fundraising fee after IEO is successful?
Damn i wish new projects can just have their chances as well, now that bitcoin is losing its value things are getting more harder for new projects
I don't think you are making sense with this post. What brought us to this state we are, that people are not willing to invest into tokens again is the high velocity of ICOs in 2017. What you are suggesting is that exchange should just allow any project to list on their platform. If that is what you want you can go to Binance DEX and raise money through IDO, lets see if people would invest in your project |
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With all the hype around Ethereum one thing that I have come to realise is that the party seems over for Ethereum, with the launch of IEO, we have seen that exchanges tokens shows more prospect than Ethereum. Ethereum will not grow in Isolation unless BTC pumped thi coming halving
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Trading platforms are set up to make profit, we all know that. They always make money no matter the direction of the market, when the price is going up, they take their profit and when it is going down, they also take their profit, but there is something that people don't give them credit for, securing ones asset, because they are hotspot for hackers they need to be up and running with their security.
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If you do invest into these projects and the team fail to list on any decent exchange then this is the downfall of the project. I will use Davcoin for exchange, raised more than $20 million and the team couldn't list on any decent exchange and the project now is less than $200k in Mcap the last time I check, regretted not selling and cutting short my loss
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Large percentage of people into cryptos main goal is to make money and the development and growth of the platform is secondary and even tertiary to them. 2019 to me is more of development rather than speculation and I am glad at the maturity we are seeing now. The price will surely follow when all these good works start manifesting
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This argument could be valid in future if Bitcoin failed to gain market share and people just decided to use it for store of value, another thing to look at is the lighting network, the success of lighting network is going to determine if BTC is going to be use for medium of exchange because the transaction fees that people complained about that is high is going to be reduced significantly
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We have seen so many success stories of Holding long term, I don't know what you are basing your point on, the most important thing is to be convinced you are into the right project you can't just hold any obscure tokens and thing it would gained value overtime
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I doubt this, this could be positive thing for the space because it guarantees the health of the network but how many difficulties adjustment have we heard prior to this and do they resulted in price pump? also if not that you are bringing this up now most people do not know that there would be a difficulty adjustment of the network on the date mentioned |
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I think the developer is putting out the code for verification, which I think is good and could help in building transparencies and fairness in the project, but it is not started how to join the community, there is no name, no social media link or anything about the team, there still need for more information on some of the things highlighted here
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I have seen and read about some coins that can be mined with phones, but the question is how has the proof of concept of these project gone, how secured are their networks. I don't believe these coins have any chance of success unless it is just for research purpose.
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This is going to be difficult to know, but don't you have the private keys or the JSon downloaded, if you did, then you can use it to access your accounts. The issue now is that you are not sure if it is only the twelfth words that is missing, even if it is only the twelfth words it would be difficult to get the combinations
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For me the top projects for 2020 with potential for huge gains are
1. Bitcoin because of the coming halving
2. All BTC forks BCsah and BSV
3. BNB: next year coming halving with potential spike in volume is likely going to increase volume on Binance and more demand for BNB tokens
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I do think it is possible but do not think in terms of security and decentralization that such a project would gain traction, it is not enough to create a coin, there are many BTC fork out there with no user, You can fork Grin or Beam and add other features to it but do not change it to POS
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I don't really think so, we just need this quite time in the space for both developers and investors to come to rational decision concerning the space, alot of these so called big projects have failed or dumped and the investors are trapped because of the crazy valuation in the space and most people are concerning if they are going to get their money back from most of these projects
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I don't know why people expect something else, they are going to highlight the merit and demerit of using it, we all know that the backing or pegging is an issue with Tether and alot of questions has been asked about this, also I don't expect FED to just give Libra a free pass for something that has potential of replacing FED functions if done right
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My friend, you should look at the (real) volume before you consider its market capitalization to be legit. For example, I could create an ERC-20 token, let's call it (SHIT) with the total supply of 1,000,000 SHIT and listed it on small exchanges. Then I bought 100 SHIT using $100. Is that mean that the SHIT market cap is now $1,000,000 ? Obviously not if it's not liquid (low "real" volume).
This is a good point that you just raised, there was a day I saw a project from nowhere in top 100 on CMC and has just $30K TRADING Volume, this just shows there is a pump and dump on going. To me, in this space liquidity is more important than market cap |
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