I don't agree. As long as exchange users benefit from tokens, it will not be worthless and will attract other exchanges users to it for more profits. As a BNB holder, you directly benefit from the profits binance makes. Because profits from the exchange are used to burn coins, this creates a basic supply/demand incentive.
If there were only 100 BNB tokens left, and binance made $10 million dollars for the quarter, they would spend $100,000 to buy back and burn each coin. Obviously a lot of people will hold, so the value will keep increasing and attracts more investors. I am a BNB maximalist, and i regret selling my $10,000 BNB into shitcoins and now building back my pile. But sadly shitcoins all fell on average over 90% while BNB is about to hit new highs soon.
OP is talking about what if that exchange completely shuts down or lose their reputation after years? If that means those exchange's tokens might not have any value right. I think it is worth thinking about but BNB is not in the same level with other coins and most exchanges in the feat of binance dont just quit the business. Binance is so progressive that scare most exchanges with large volume trade but sometimes I think the exchange coin can't be has profitable as bitcoin when use as reward and sorts, bitcoin looks to be most consistently volatile coin.. |
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- How would you address the amount of volatility cryptocurrency has?
- Knowing that people are looking at USD prices most of the time, not the amount of Crypto
- Fast paced changing of prices might affect the sellers and buyers.
- With the discounted prices, are you still able to provide profits for your own business? Taking the volatility and other variables that could affect your growth.
I think recommending already listed coin is better than raising a crowdfund at the moment . Any time I recommend a stable coin instead of bitcoin or any volatile coin in this forum for such a trade, my posts would be deleted. I dont know if its coincidental or part of the forum rules but the volatility of bitcoin does not always encourage the use especially for maximalist. |
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What is the acquisition? I dont understand the sending of reward into same account got to do bounty campaign. Asides that the way the case is been reported or presented exclude the campaign involved, has the bounty manager and project involved been informed? some bounty managers are capable of more evil. |
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Stable coins could see more ETF approval in the future than the volatile coin. We could see more stable but the strategy of profit making could different for investor, maybe through staking etc. After such a long bear market, Investors with low risk capacity but want to benefit from the space might need a stable coin with a use case that drive volume trade. An annual profit of 20% could be enough for staking for long term investors in stable coin. We need to reduce volatile coins in the market.
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Have fallen for this scam before and the scammer even had fake website with fake account, similar to the original ICO website. It should be everyone's responsibility to notify the group if such scammer is noticed especially for longtime investors. We need new investors and falling for a scam at first investment can be disappointing. Telegram looks to vulnerable with scammers and am not too comfortable with it.
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Is there any exchanges run IEO and do not required KYC.
Yobit.net Livecoin.net At the moment in my mind only these 2 exchanges let you join IEO without KYC. But I won't recommend joining these IEO's without proper checking like previous IEO's ROI & Exchanges reputation. Without a regulated market, it's very risky using these exchanges. I don't see any team information about these exchanges. We all know where these exchanges are ranked among them,Livecoin may not add shitcoins like the other but if they can accommodate them they are not reliable for IEO. If you had not lost money in this space then you came yesterday and the loss in ICOs had made people careful, IEO is not better this year but safer with some exchanges. The ability of users to trade without KYC does not give them a better ratings, avoid losing fund to scammers |
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so many people talk about projects from libra but are the projects in this thread real? or just a prankster who uses the fame of the Libra project? still confused because so many people are interested in this project that many make fraud on behalf of libra
Not only do we have project associating with them,Libra had to remove the list of projects team lately on their page, It was discovered that some project scammer make the list facebook team presented. The space need the fund from the project to have a little drive for price and add more confidence for investment but they were disappointed by USA response. the ICO cause more damage than good especially for the scammers involved. |
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Are we back? I hope so:)
I really hope that Barcelona back in the rhythm. We have seen some fine football from the trio. Enough with losing points and from now on in every game Barca needs to manage 3 points until they secure the 1st place. Real will get the position back in this evening LOL The team is good but the manager is not in the rank of the top coaches in the game, poor reading of games and man management. He is just enjoying a time with the club's manager especially because real Madrid had been struggling. When he is playing a smart coach and strong team he does not have a good second half game which I consider a bad repute for his job |
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I hope this information of bounty extension spread across both to members that are regular here and on telegram, the dissemination looks light. The information is slightly noticeable on the opening page and I think a different font colour will be attractive and obvious location can be considered, probably an information on the extension can also be added to the bounty topic.
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I mean the price of their token is so low now, that we could potentially see a sharp 5x spikes as a consequence of some partnership announcements, but even that would not come even close to the price ranges of WPP token prices in their ICO. Ans I am as well interested to see how they will implement their switch to the stable coin concept, I dont have high hopes tbh.
Some of their achievements if successful will be discovery for altcoins development and tokenomics, most investors are only left with the trust for the team not the tokenomics. More concern will be in adoption of crypto payment for all interested users especially in the market that the sentiment for the space is not as good. |
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We would really have that kind of sympathy to those sites or services which doesnt have any issues into its users regarding into its service rather or compared to those sites who do just completely shutdown without prior notice or announcement and the worst is that they do exit scam.
Similar to 50 cent declaring bankruptcy to avoid loosing money, If I know I can announce closure of my exchange in this bear market to prevent suspicion and loss fund, I will do that. It has turn to the order for exchanges to save their profits in recent market condition then it should call for suspicion. Exchange owners are part of the quick richest people in this space and I dont buy their gimmick on lack of fund. |
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I just heard this, is there any cryptocurrency website that has lending ?
Are we able to lend to the them ? Or did you mean a lending program that we have to pay certain amount then we got X% daily ?
A lot of new projects are coming out with lending offer etc pngme,xcard etc some are going as far as getting users fund with ATM card for fiat but I dont know what the project might demand. I also dont know how the project plans to refund from every lender around the world, I dont trust people at all and dont think they can be too careful. This is not America that everyone can use a debit card and spend from what you dont have |
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we have had so many exchanges closing down and a large percentage of those still functioning could join soon. There are rumors that all japan exchanges are planning to close down few months, if not the support that just came. I dont support any exit move from any cryto project, they cant be trusted at all. I like to know if they will come back if market get healthy?
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I dont understand where the high cost of listing comes up with the article but how long will it take to effect the regulation on altcoins. However, we need the regulation also for ICO not only altcoins. We also need to be sure that exchanges cant be bought and the requirements can be maneuvered by scammers. The bound from exchanges should be effective especially with caliber of exchanges listed.
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My only fear is if we give SEC control it could be damaging to some part of the space, eg. SEC doesnt like ICO at all and we could see a clear picture of it with Telegram project.
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I got some responses am not sure of on the staking, is the staking reward in 3 months and is it still continuous?
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Do we just fold our hands and watch all our investment die because we dont know what to do now. This doesnt look like a constructive argument except you are a bitcoin maximalist, the lone party rocker. They cant say they didnt benefit from altcoin even more from ICOs and its scams. Regulation may not be the perfect control for scam but it could be our best option for now, It will improve as the loop holes are exposed, just like every countries law have loop hole and it is regularly amended, so will this regulation. except you think the regulation will work against you.
but isn't the crypto market not regulated by anyone and can't be matched with real-life law? then how do you start crypto regulations, and who starts doing it and is also responsible if there are pros & cons or the public doesn't approve? If SEC can prosecute anyone anywhere in the world they can also make the regulations. they can easily draw out the regulation from the region of exploit by the scammers and those that could come in the future. |
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Do we just fold our hands and watch all our investment die because we dont know what to do now. This doesnt look like a constructive argument except you are a bitcoin maximalist, the lone party rocker. They cant say they didnt benefit from altcoin even more from ICOs and its scams. Regulation may not be the perfect control for scam but it could be our best option for now, It will improve as the loop holes are exposed, just like every countries law have loop hole and it is regularly amended, so will this regulation. except you think the regulation will work against you.
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At this point the attention is shifted to btc, investors feel more confident about hodling btc than alts during this period, but I think it is equally good to hodl alts that has no btc pairs but only usd in the main time for stability, these alts don't suffer much even when btc is experiencing a heavy fall in price. Just a thought.
I wish most altcoins move into usdt pair and dump the BTC pair until market revives, the dump of altcoin for btc was a big factor in price dump this year and the sentiment spread among traders. Recently binance adopted this tokenomics with some of its new listed coins,which is believed to improve the price as trade volume increases and project technology improves. That wouldn't help that much to be honest, and I don't think traders would do that because most altcoin traders have gone from trading altcoins to just holding a lot of BTC, because of how bad the market is. Before, altcoins would follow BTC's price movements (think 2017-early 2018) but nowadays there's no correlation due to how much bitcoin dominance is there. There is no reason to support your opinion that it wont help. Traders may not like it but every good traders will adopt a working process any time. Altcoin has come to stay and we need to build a system that will make it work, if everyone decides to hold their bitcoin, the altcoin maximalist should do something at least to give their investors profit. It may take time but altcoin will at a time need to build an economic system that wont keep them relevant/useful. The idea is use case and good tokenomics. |
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