As a bounty Hunter, we create awareness for them to attract investors and they will dump on us leaving bounty hunters with nothing, it seem this is the new trick now, Spyce and Blockburn and IMO did this, no more volume, there was dumps and bounty hunters received nothing
Oh yeah, Spyce scammed? This is very bad and discouraging. And the bounty reward is even yet to be distributed to hunters. Hunters are being taken for a ride here. We are used and dumped like their worthless projects. However, I know very soon all this bounty scams will be checked and controlled just like we have with ICOs now. Nobody like to do ICOs anymore. My advice to fellow hunters is never to take part in any bounty that exceeds 8 weeks. |
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Hello, I am new to blockchain and I stumbled on how successful Binance IEO is and the recent IEO conducted there, I witnessed how the coin price spiked after IEO. So i discovered that Latoken is about conducting an IEO. Is it a wise decision to invest?
If you want a decent profit you have to wait after the IEO is over. Do not buy the IEO, wait for the obvious dump that will happen after the IEO to buy cheap. I said this from experience. Tokens always dump a day or two after the IEO. But if you want to buy the IEO that means you must sell in less than 24hrs after IEO. |
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Laws would prevent Google creating their own cryptocurrency, Libra which created by Facebook already faces many laws problem.
Even if there's no problem with laws, Google will create cryptocurrency which is completely different from Bitcoin and have different audience target.
What kind of a law would that be, if I should ask? Are people no longer allowed to do legitimate businesses of their choice? I was a bit happy when I saw that Boogle advert and I quickly assumed the cryptocurrency was owned by Google. That has now been put to rest and it is not owned by Google according to the Boogle team. |
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Waiting is good if that thing is worthy enough to wait, then I don't give up. Sometimes we lose our hopes not just because we are giving up already but because there is no sense to wait by then knowing that it is obviously they won't give any to our participation. I know that all bounty hunters had suffered this thing, not only once but twice, thrice...often more times it happening but people are still doing it for they know that someday they could be lucky enough and got the one that they are looking for. That was the mindset of true believers.
This is exactly our mindsets, if not no body will be doing bounties. It is the hope that the bounties we do will turn out profitable a few months later that makes us go ahead to do others even when we are not paid at the end. I took a decision a few weeks ago to be selective in the bounties I do. It must be promising and from trusted managers. |
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The halving event is coming in a few weeks, rewards for mining will decrease to half specifically from 12.5 BTC to 6.25BTC. Small miners won't be able to contain a very much low block reward it will be lesser than what they are going to spend in mining. Huge mining entities can go on while the small ones will be forced to quit unless they expand their operation.
Poolin.com is one of the mining pools out there, its Vice President talked about it and gave his opinion, " Miners using old equipment will have to disconnect after halving"
The time has come for small miners isn't it?
What matters is the overall interest of the bitcoin community and not that of few individuals. We must not think of how small miners will survive after bitcoin halving because they will survive. Those who are serious to remain in business will get bigger mining equipment to cut cost. They will devise means to remain in business. That is how miners have been surviving the quarterly halvings. |
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I see no reason to pay more for the honour of paying with BTC.
The simple reason they charge people who pay with bitcoin more will be because of the volatility and unprecedented fluctuations in bitcoin price. You can not predict what happens next even while payment is ongoing, the price can either drop or rise. Nothing is guaranteed. Back to the OP, if we believe bitcoin is digital cash then it should not be a surprise if people pay for goods and services using it. Should it? |
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Copy trading is not what I will advice anyone to do. I know a trader who is a copy trader. People copy from him and his method was more like "quick in, quick out" kind. He made quick profits but that did not last as a storm came that wiped off all his profit and turned him against those who got trade calls from him. Go learn how to trade and that is better than copying trades.
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Why is this done in the first place and why not place a static pay rate to everyone who solves a block? This is done so as to not exhaust the supply cap in a short span of time. Imagine if the protocol still gives out 50 bitcoins per block mined to miners, we would have exhausted our 21M supply cap in 2017 and there's literally no incentive that keeps the miners hashing out on their machines to continue process tx which will result to the end of bitcoin.
If we go by your last sentence that means we will one day have an end to bitcoin? Because no matter how often the halving keeps happening every four years it will one day come to a day bitcoin will get exhausted out of the 21 million supply? |
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As a bounty hunter always expect failures sometimes
1. Just because a golden year occurred in the past doesn't mean we will witness such again, yes it's possible but better adapt to present condition.
2. Promoting two to three projects and waiting for your payment doesn't make sense, as a bounty Hunter the sky should be your limit, since we can't tell which project will pay or not I suggest continues hunting.
3. Listed bounties may not pay, it's still same risks as bounty projects that aren't listed on exchange yet, rewards may vary but who am I to tell? I'm not a great seer am I?
4. Scammers takes advantage of Cov-19 alot and many still fall victim upon all the warnings, now we only have few days left till next Bitcoin halving, few new scam projects will surface, keep your eyes sharply opened
. Your no 2 is for me, no. I try as much as I can to choose few projects to run bounties with. It is better to have a limited number than being in many that end up scams. If that happens it only means that you have helped the projects spread their scams and deceived many through social media across the world. |
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It's a Good time to get some Ethereum? Ether has risen More than 70% since March 13 and may be about to rise further, It looks like the next ETH 2.0 launch seems to be raising the price of ETH. https://www. coingecko.com/en/coins/ethereum Buying Etheruem or any crypto when the price begins to go up is not a good idea. Traders buy when the price is low and not when price has already gone up on Fomo. Now that bitcoin halving is expected every major coin is going to go up in price. This is how the market acts on bitcoin pump. |
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Okay we get it, less cars, less vehicles traveling so the oil is not that what we really need right now
But, why is the price be looking like this? It is not only the cars that uses oil, we also have a lot of machines that isn't running without the oil
Don't tell me the covid-19 global pandemic cases is inversely proportional with the oil price lol
You have the answer already in your comment. The pandemic lockdown has restricted movement and there is less cars on the road. Cars use oil. This is what has affected the oil price, and not the pandemic itself. If there is free movement even with the pandemic, the demand for oil will increase and price will rise up again. |
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It is one month after your question and the world is still at loss with what to do. People are dying and governments are confused. There is no help and cure yet for the virus. Nobody knows how long the world can still go from now as the number of death rate has gone into millions. The US, Italy and Spain are the worst hit. |
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The pandemic has slowed down the expectation of the halving. Otherwise, it was surely be expect to make a good increase in price. The rate it was looked would be giving lots of profit for hodlers. I still expect it will cause some increase before the year is ended.
The stupid pandemic has spoilt my expectations. If not for it bitcoin would be doing better than $10,000 by now. And since it has not crossed that price level till now, it shows that the price will crash once halving is concluded in May. I do not think that halving will have a major impact on bitcoin until the threat of the coronavirus is tackled. |
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No news from North Korea makes me happy because of the dictatorship there. Nothing is done through the will of he people. Only one man decides the fate of the rest. Even if there is support for cryptocurrency in that country today, the supreme president can withdraw that support tomorrow without anyone challenging him and the while thing is back to zero. I hate dictators.
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What if the following happen:
1. A ban in the demand for bitcoin and a ban in the use of bitcoin.
2. Backing off of bitcoin miners from the business of mining?
Could these causes bring the value of bitcoin to something similar to the historic oil Price drop of $-37.63?
What do you have to say about this?
The first case is very unlikely to happen. We have passed that period when we got scared that bitcoin was going to be banned the world over. It rid not happen then and I do not see it happening now. The second case is likely to happen but I do not think all miners will leave at the same time. There are miners who do what they do for the love of bitcoin. Those miners will not leave. |
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It is very likely that we will be soon witness another crisis after this pandemic event many people around the world are becoming jobless, in other word no financial to face the reality when this such phenomenon exit, add up the mortgage and bills to pay for, it is sure pain in the back to workaround and see what we can do for the upcoming month during this pandemic.
No matter what happens I do not think we can witness what we saw in 2008 with the global financial meltdown when this Coronavirus issue is all sorted out. Quite all right there will be revenue collapse and loss in the economy but it will not be something the politicuans can not fix if they decide to. Everybody must be supportive at this time to help save everybody. |
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The OP is concerned and talking about businesses crumbling while the real issue is the survival of mankind. Am not sure many people care now about business surviving. We do not have any idea if how long it will last because it already spread all over the world. I just hope that people will now find a solution to stop the transmission of this virus. Lets just pray for those people who is infected that they will be able to heal sooner or later.
This makes it very bad because no one has a clue of how to end it. Even China which was rumored to have no new traces is unofficially having people who are covid infected. I have heard stories of undocumented visitors in China isolated and treated in hotels on their own private expenses, not from government. |
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Look no further for a confirmation to your question, OP, for the application of the blockchain has been observed in many sections of human endeavour. From accounting to medicals to sports, and not limited to cryptocurrency. Even if bitcoin or the crypto industry dies off today (this is impossible anyway) the blockchain application to other aspects of life will still exist.
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Since I don't have my own thread, I'll again hijack this one to also say thanks again!
Why not open your own thread instead of hiding under Loyce thread. Opening yours will give Foxpup an added advantage of exposure. It is part of publicity. |
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Do not be fooled, Cov-19 doesn't disturb new project from launching, few new projects are using Cov-19 to make excuse, good quality projects don't see any reason to hold because of the pandemic, any project that do this should be considered as Controlled by weak team
This excuse is becoming common this days. Even projects that already concluded their ICOs late last year are now holding into the epidemic as an excuse for not distributing tokens to hunters. This is a sad experience I have too. |
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