Latest posts of: daporivera

ICO has lost its credibility, thanks to scammers launching unrealistic projects and making off within invested. Most ICOs nowadays struggle to meet their soft cap and only a few are able to reach their hardcap. That is just to tell that majority don't invest in ICO projects rather they invest in IEO projects.

In the beginning, investors saw ICOs deem fit for investment as they were several projects been launched but along the line, most ICO projects turned out to be SCAM and projects were not delivered. At this point, ICO lost in credibility in the eye of not only investors but all ICO participant. Investors see ICOs as scam as many have lost million of dollars to scam projects.

Till this point, they are no known controversies about IEO projects for now. And I really hope it is been kept that way, since it is safe for all. Don't allow his scammers to come pollute IEO projects because, right now they are already setting up strategies to scam people of their hard earned money.

In my opinion, I feel it is up to you, if you want to believe in cryptocurrency, whether you believe or not it is already getting adoption by majority and soon it will take the fiat. It is a great innovation that should be embraced by all.

KYC actually now can be very frustrating as result of the inefficiency of some ICO bounty managers. It become very frustrating when you keep trying to pass the KYC and it doesn't go through. As if you don't pass KYC you don't get any token.

It is quite easy to create. Simply log into the official website and follow the instructions. In approximately five minutes you should be done creating it. Keep your private key and that is the only way you can access your wallet.

Giving up doesn't actually speed up the process. Take a minute to really think deep. If you choose to give up at the early stage of your dreams, the probability of that dream coming to reality is zero. Because unconsciously you have told yourself you can't achieve it. Don't let the current market condition kill your vibes. You never know what tomorrow holds.

It is very difficult to reduce scam in the crypto world, but if it can be reduced it would create a safe environment for everyone. These scammers are on the look out for the slightest opportunity to scam people of their hard earned money. A regulation will always be needed to reduce the rate at which investors and majority are scammed.

Most people selling off their alt coins are those that thought crypto was a get rich quick scheme. Right now, they have been disappointed by the market condition and are as frustrated more than they could have imagined. Lol.....you really don't have to take your alt coins to the cemetery, because they will obviously be a bull run coming through soon.

As far as I am concerned, I really don't feel most ICOs projects launched nowadays are worth to be invested in. With lots of scam projects flooding the crypto market, you really don't want to loose your money to these scammers. They won't stop scam in the crypto world, so it is left to you to determine how you spend your money. Until a regulation is put in place to reduce the scam, be cautious of the projects you invest in.

Yeah, very positive about cryptocurrency surviving. Comparing the years cryptocurrency existence, a lot of development have been put in place, therefore it is safe to say the adoption of the system have been embraced by many. There is still a lot of room for more development to be put in place. At the same time, tackling the scammers polluting the system is very much necessary.

Such a great and informative post. We have to be on the look out for ourselves and ensure we protect ourselves from scammers. They are a lot of phishing sites out there. I use metamask, can't let this scammers take away all I worked for, although they once had their way, but it not gonna happen again.

in most know cases, of ico having unsold token, the token are always burnt. on the front end that is what is known or probably what we are told. o the back end, you cant really tell what goes down. in few cases, i think some project carry out airdrop instead of burning out the unsold token.

yeah, in my opinion. crypto can make you a millionaire, but it is not overnight. you will have to learn how the system works, by then you will become a pro at its. The only way to earn from a craft is to master the craft first, by then your potential to earn increases. a lot of people dabble about learning and end up getting frustrated. consistency and persistence is the only way to go around it.

Yeah, of course. It is quite certain that IEO will replace ICO. At least for now, majority still trust IEO projects just like they dis with ICO when it in Italy started. It is important IEO don't get polluted by scammers vwry soon. As they are always getting themselves updated with the new development on the crypto world, more so seeking new avenue to scam people of their hard earned money.

If truly, we want the mass adoption of cryptocurrency, then the first problem we need to be tackled is scam. It not completely eliminated, the rate at which people are being scammed should be reduced. People willing to adopt the system, want to be sure, it is safe and promising for them. Just the same way, take for instance, No one will be willing to open a bank account account with a bank that You know can go bankruptcy anytime. The same way the bank made us feel self assured our money is safe with them, is the same way the people willing to adopt crypto should be self assured.

Well, left to me, I belief tine would tell. But in the main time, crypto rejection right now, is as a result of the bad experience a lot of people have had in the past. With time, when appropriate regulations are put in place, and scammers are flushed out of the system, every one will accept it.
If they stick to fiat currency is due to the fact they trust it so much to buy them whatever they want. Trust is built over the years. Everything is a gradually process. You can't run faster than your leg can carry You.

The controversies surrounding ICO as a whole , is way too much. In a way, a major factor for such controversies is the fact that a lot of projects in the past turned out to be scam and millions of dollars were lost by investors and other individual who donated the little they had into the project. As a result of the bad experience with ICOs in the past, majority slowly are declining feom participating in ICOs, as no one is ready to keep feeding up the scammers with their hard earned money.

Only a few people with great insight into the crypto world would know that the crypto market full of ups and downs. As the market prices of several coins are not stable yet, a lot of people are in great panic and thought of how to recover their funds back. In recent times, we have seen a lot of good coins loose their value beyond expectation. Don't let these hard times scare you off, a time will come when the market condition would be stable.