I think the job of bounty hunter (at least the twitter/facebook/sig) kind will disappear regardless. I think it’s a very unsophisticated way of marketing yourself. I think as icos get more sophisticated they will rely more on posts that connect better and more efficiently wi5 their target audience. They will hire more professional marketers, blog writers etc. I think translators thoughwill always be needed, even if there are no more icos.
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Because they compete with initial public offerings, which are highly regulated and very expensive to do. So it’s not fair to call something a “token” (which gives you even less rights than a traditional share which at least gives you some ownership rights) and not have to comply with securities laws instead of calling it a security and having to go through the regulatory process.
Initial public offerings are regulated to protect investors from frauds and scams. Government thinks small investors are too stupid to protect themselves. It started after the Great Depression in 1933-1934 so maybe the laws had a point at that time but they’re very outdated now.
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Litecoin just had a huge pump a few weeks ago. Now it’s back to it’s more normal price. Litecoin gets a lot of mention on this forum, I always thought. Also every alt is down now. . I think LTC will go up as investors think btc is overpriced and they want another solid coin to hold, but that will take months imho.
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For me also scams annoy me the most. Some of the scams are so obvious and it’s clear people don’t do their research. It seems like in crypto anything goes, all the risk is on the buyer. I think only some sort of either regulation or consumer protection insurance scheme can help solve those issues
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I don’t think it would end well. Most of these couns are true shitcoins that won’t be around in 5 years. I think a more interesting and potentially lucrative idea is to place $1000 in each top 15 coins (or even top 25 for sake of debate). I think you would come out ahead.
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I think the answer would depend on whether you’re looking at numbers of investors or total $ invested from each country? I seem to see a lot of people from Indonesia in the crypto world but they might not be investing huge sums compared to a wealthy Chinese.
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I don’t understand why you would need your own currency for that? Why not launch your product, sell it and accept whatever means of payment you’re comfortable with? Maybe I’m missing something?
A strategy I guess. To make it "exclusive" and force users to patronize their service without going to another merchant/s. Just like other ICO projects. I maybe wrong and please enlighten me if I missed anything as well. But they wouldn’t use their exclusive coin but a less well known coin. Also, in order to inconvenience potential customers like that, your product better kick ass. You’d also be losing a whole market share of people who can’t access or can’t be bothered to purchase crypto. Sorry I guess I’m really not seeing the benefit for you OR your buyers.
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I don’t understand why you would need your own currency for that? Why not launch your product, sell it and accept whatever means of payment you’re comfortable with? Maybe I’m missing something?
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Sounds like a great time to invest in Tezos if you ever wanted to get on board (not that I've ever had much interest in them)
In this case, it’s actually a very bad time to invest in Tezos. Do you have any idea how much a lawsuit costs? Lawyers bill out at $600+ an hour. Who do you think will pay for this? That’s right, the investors. The only people who will end up in the black after this thing are the lawyers, not investors, not Tezos, not the foundation, not the Breitmans Also, lawsuits are incredibly stressful and time consuming. I would be surprised if the Breitmans were still married after this whole thing ends. And you think that the price won't adjust to reflect that? lol This isn't bitcointalk only news, the news would have reached those invested and price would fall as a result. But anyway as someone else said it seems the tokens ain't even released yet so doesn't matter either way. I think the price has adjusted to reflect that. What I’m saying is I think it will never recover and the project will never take off, unless someone else leads it.
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Has anyone seen the ico certification letter from the Financial Commission? Please be careful. This commission is not legit (at least in SVG, where it claims to be based), it has a wordpress website, a new york phone number and the registered address is someone’s house. Be careful with this one guys. I hope you all did your due diligence! I’m out.
What? Please genesis.vision can you clarify on this one? We have never hidden the information about Financial Commision! https://financialcommission.orgFinancial Commision made a certification report for us. You’re right. You have not hidden it. Thats not what I’m saying. The financial commission doesn’t seem legit is what I am saying. It is not a regulator (though when you google it some websites say it’s a regulator or self- regulatory body), it has a house as a registered office, and a phone number in New York. Yet your registered offices are in HK, SVG and UK. All the companies that are members of this supposed self regulatory organization seem to be connected. The first company on top of the list has lots of regulatory problems (google it). I would also advise investors to do a linkedin search on the team members of this fincom (some profiles on the website are clearly inflated from linked in - like this dude artem who did two summer internships in a firm and is called on the fina com website as a senior lawyer - ). Many of the board members have very close links to the supposed member firms of this finacom. Also do a whois on the finacom website and some other member companies. So many links and shady businesses, many registered in Belize or Vanuatu, the bastions of credible regulatory oversight. I’m not an investigator and I have a full time job so I’m not going to spend more time researching this. However, it makes me very uneasy and I will not be investing in your ICO as a result and I also think other investors should be aware so they can draw their own conclusions and/or you can explain it to them.
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I was listening to an interview yesterday with the lead developer of vertcoin. The project has been around for a few years but he’s been leading it for about 1. Vertcoin is the coin that tested the atomic swap with LTC not too long ago. Vetcoin has an active developer community. Also, it doubled in value this month.
Sadly I don’t own any - yet - but I think it should go on your list
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Sounds like a great time to invest in Tezos if you ever wanted to get on board (not that I've ever had much interest in them)
In this case, it’s actually a very bad time to invest in Tezos. Do you have any idea how much a lawsuit costs? Lawyers bill out at $600+ an hour. Who do you think will pay for this? That’s right, the investors. The only people who will end up in the black after this thing are the lawyers, not investors, not Tezos, not the foundation, not the Breitmans Also, lawsuits are incredibly stressful and time consuming. I would be surprised if the Breitmans were still married after this whole thing ends.
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Currently, less than 1% of my net worth is in cryptos. I have been an investor for many years, so I have a nice traditional stock portfolio, as well as some real estate. For me, building up to about 5% of net worth in crypto sounds about right
The younger you are the more risk you can afford to take. However, having 80% of nw in crypto is madness. Everyone needs a safe stable investment cushion (or am I just old fashioned?)
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Because some coins have different functions. Bitcoin in theory is a means of payment. However it is expensive to pay with Bitcoin and very slow. So that’s why other currencies, like Dash, might be better.
There are also tokens that are not means as a means of payment but other purposes, like Ethereum
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I follow coin mastery. He rarely talks about the coins he holds but he goes through the coin news and gives lots of trading advice. New video or podcast every day.
I also like crush crypto but I read his newsletter rather than his YouTube
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The value will drop hard I think. People are only holding nxt now to get ignis (me at least anyway). Nxt team said they would stop supporting nxt within one year. If i was you, I wouldn’t invest. I bought nxt a long time ago and now I’m riding it out. Might as well get ignis tokens and not sell nxt at a loss
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To add to your list, what about zcoin and verge?
I have googled the privacy technology used by the different coins and they each have pros and cons. Also look at the dev team and the roadmap.
Currently I have zcash because I think it’s strongest, especially since their technology will be used on ethereum. I will probably buy another cheap privacy coin but i haven’t done all the research yet.
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I agree woth worldcore. It’s a regulated financial institution so i think the legal risk is much lower.
I love the concept of Datum (hence my signature)
I also signed up for ether party. They have an airdrop so why not?
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