I do not think that this method of payment for the services of bounty hunters will take root in the future. Instead of one transaction, ICO teams will do ten. It is easier to transfer the entire amount of tokens at once and block wallets for some time, as others do.
Yes, ICO teams are very inventive.

So far, the future has both Bitcoin and ethereum. However, it seems to me that this year will be full of very important events in cryptocurrency. This year, Bitcoin must confirm that he is the  leader of cryptocurrency and improve along with the bulk. If this does not happen, he may slowly begin to lose his popularity. This will be especially noticeable if ethereum improves as planned. In general, while everyone has a chance, they need to be taken advantage of in time.

It seems to me that we do not need to try to influence the cryptocurrency price by artificial means. At the end of 2017, the price of Bitcoin was definitely pumped up and we still have tough consequences. Everything should go slowly, on the basis of the usual supply and demand, without sharp price jerks. Then there will be no such protracted falls. In the next decade, such a massive use of Bitcoin is hardly possible.

Cryptocurrency cash management is very risky for both parties. After all, cryptocurrency has a very high price volatility. I do not think that state banks will do this. For them it will be too risky. Commercial banks may try to issue loans in cryptocurrency. However, I do not even want to predict what will come of it. This will more resemble a roulette game. Here, someone will definitely lose, and someone will win by changing the rate of cryptocurrency. This kind of activity is definitely not for banks that love accurate profit calculation.

In order to increase investor interest in ICO projects as a whole, a change in the general attitude towards this type of activity is needed. ICO projects are now more associated with fraud than with the normal activity of creating new types of cryptocurrencies. Therefore, without solving the problem of fraud in ICO projects, this type of activity will not be revived. I place hope only on state regulation of ICO activities.

Yes I agree. The matter is in infrastructure, and the availability of infrastructure depends on the degree of legalization of cryptocurrency by states and the development of necessary regulations for its circulation within each state. Business structures will not massively use cryptocurrency, if there is no appropriate regulatory framework for this. Without this, Bitcoin will remain mainly a speculative asset, not a means of payment.

Women are more pragmatic in this regard than men. They like to have something foreseeable. Therefore, the song sings that women’s best friends are diamonds, not bitcoins. Women will appreciate cryptocurrency only when it is regularly used as a means of payment. When they realize that Bitcoin is money, then the attitude towards them will change.

For bounty hunters, checking KYC has always been and remains illegal, because the task of KYC is to prevent the laundering of dirty money. We do not deposit any of our money in ICO projects and therefore should not undergo such testing. The KYC check is carried out at the end of the ICO, because the ICO team does not want to pay as much as possible to the bounty hunters we earned tokens.
KYC verification is only advisable for large investors in ICO projects and large traders on the exchange.

I think that in the future we will be forced to pay a certain amount of tax only when we convert the cryptocurrency earned in subscription campaigns to fiat and then it will be charged impersonal, automatically, by banks and exchangers. It is unlikely that a more complex tax collection mechanism will be established in my country. Otherwise, the population simply will not pay any taxes on cryptocurrency. Perhaps, therefore, the issue is resolved at the legislative level in order to remove any tax on profits from operations with cryptocurrency.

The KYC check is designed to prevent the laundering of dirty money. Are you worried about good performance in this regard? Then you need to go to law enforcement. This is their direct task.
In ICO activities, KYC validation can be applied to very large investors. For other categories, such a check is meaningless, and for bounty hunters it is also illegal.

Because of such individuals, we will be permanently powerless in front of ICO teams who will hang noodles on our ears, in the end do not pay us the earned tokens, and they will also convince us that this is for our own good.
Do you think that the ICO team is so worried that someone does not use several accounts, that they even conduct KYC checks? You think about it. Do they need it? For them, it is important that we write quality messages, that they attract the attention of potential investors and carry advertising for their project. The number of accounts in a member is a purely personal matter of this forum. The forum may allow you to have multiple accounts and there will be nothing wrong with that. The main thing is to write quality messages. One can spend writing an hour, the other six hours. What then the difference how many people will write them.
You'd better ask the ICO team: based on what regulatory act do they require to undergo a KYC test for bounty hunters? . This is simply contrived by them so that we pay less tokens earned. Therefore, it is not by chance that KYC checks or require to pass not before the ICO, but after it.

I doubt that they will at least pay something. Paying shares is almost impossible. I participated in the signature campaign of this ICO, but I didn’t have time to do something there and didn’t pass the KYC verification. In the end, I got nothing. If there were no replacement of payment terms, I would receive earned tokens. This is not to say that this is a direct fraud, but there is a deception here.

Earlier at least something bounty hunters earned. Now payment terms are endlessly transferred, ICO teams constantly come up with something new, then they switch to securities, then to STO, they will transfer tokens to other wallets, then to the stock exchange, then to their website, then KYC will need to be checked, but expect information and, as a result, bounty hunters simply become shocked and do not know what to do. As a result, all this fuss can also be estimated at several tens of dollars. Complicated.

In this case, the most effective way to get rid of fraud in ICO projects is government regulation of ICO activities. No public audit can replace hard enforcement measures by authorized state bodies. Public bodies will be ineffective. Now, many states are developing appropriate regulations to regulate the activities of ICO and I have only hope for them. I especially like the prepared rules for regulating the activities of ICO in Russia. I am sure that there will be no fraud in ICO projects. It also provides for the presence of a certain amount of money in a bank account before holding an ICO, and the whole fundraising process takes place only through banks, and the state authorities will control even the target expenditure of the collected funds during the ICO.

Now even many good ICO projects are trying to delay the release of their new tokens to the exchanges in order to avoid a drop in their prices in this bear market. Therefore, if the ICO team decided to postpone the end of the ICO or perform other similar actions, this does not clearly indicate that this is a fraudulent project. Although this method is now used by fraudsters: first, they postpone and transfer the end of the ICO, and then gradually disappear. Of course, in this situation, you need to look for additional information about this project and decide what to do next based on the information received about this project.

Of course, only large investors in cryptocurrency should pass KYC checks. It makes no sense to collect confidential information about all individuals who invest in cryptocurrency, even small amounts. This test is already reaching the point of absurdity. It seems that it will be introduced everywhere so that fewer people use cryptocurrency. It simply discredits the meaning of cryptocurrency. When using this anonymous currency, we are forced to keep confidential information about ourselves and copies of our documents at every step, which we do not do even when using ordinary currency. Checking KYC to all, without exception, slowly kills cryptocurrency, in any case, very narrows the scope of its practical application.

Of course, the cryptocurrency will not exist forever. No phenomena, much less technology, are everlasting. Twelve thousand years ago, ships called Wimans launched into space from present-day India. They consisted of a material that is not currently in our practical application and were similar to glass, plastic and iron at the same time, but had the best characteristics. Where are these technologies now? Moreover, there can not be eternal technology related to financial settlements. This is passing dust in our many civilizations. Cryptocurrency will continue to evolve and since it is still very imperfect, it will transform into something more advanced or give way to other technologies.

The second place in terms of capitalization, for which ethereum and ripple are now competing, as it were, has no particular practical value. This only increases their prestige and not more. There are no serious investments now in one or in another coin. However, I am sure that in the future, given the expected improvements, ethereum will far surpass the ripple in terms of capitalization. For the price and popularity of ethereum for now ripple out of reach.

The question is not that everything new will be bad for Bitcoin, because it remains almost unchanged. Cryptocurrency will be improved all the same and it is very good. The current cryptocurrency is still very difficult for practical use by ordinary people. It is necessary to try to simplify it and make it more convenient, otherwise the broad masses will not join it.

I do not think that tax evasion will be in defense of cryptocurrency. Quite the contrary: government agencies can determine the total amount of transactions in a cryptocurrency and the approximate amount of taxes that must be paid. If we do not pay taxes on the use of cryptocurrencies, states can begin to restrict or even prohibit cryptocurrency. In my opinion, we do not need it. It is not necessary to give a reason for the opponents of cryptocurrency to launch an attack on it.