Binance has been a leading force with respect to initial exchange offering (IEO) evidenced by its extraordinary success in raising funds for crypto startupa via its Launchpad. The likes of Gifto, Bread, BitTorent, Fetch.Ai, Celer Network, Elrond, Perlin, Kava, Injective Protocol have successfully met their funding goals via Binance IEO.
My concern, however, is in the performance of its recent IEOs such as thoseof Injective Protocol(INJ) and Axie Infinity (AXS). In the past, investors are often certain of getting almost ×10 of their capital once the token is launched after IEO but these two tokens hardly did ×2 of their IEO price. Does it mean that the Binance Effect is already waning or has weakened?
AXS was sold at $0.1 at IEO price but only breezed to $0.29 briefly while INJ sold at $0.4 managed to hit $1.49 as its brief ATH. These results are unlike Binance's past IEOs which made investors jostle to get in to the launchpad.
Do you think that it the end of Binance IEO has come or the exchange would rediscover its earlier form?
Let me know your opinion.
Binance only allows those projects that fulfills the minimum requirements among the applied projects. After Covid 19 attact, this process basically stopped now. I don't think it is ended but probably applied projects are limited now or the applied projects don't fulfill the minimum requirements. Binance IEO has an impact of that projects hardcap and participants received 2x-5x profits in the past projects. Every member of Binance is expecting to new IEO launchpad soon. |
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IEO of course, because of the greater success rate, ICO already has a very bad reputation and are distrusted by investors, Take a look at the new projects now, out of 20 projects that are doing ICO maybe only 1 or 2 can sell their tokens
Right, IEO is now on top success rate than other. ICO is now about to dead and few projects that did ICOs are almost failed. IEO is popular to the investors because it gives their tokens immediately or their tokens have security by the particular exchange but ICO doesn't have any security. They sometimes cheat the participants. I would recommend IEO than other methods. |
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BNB VS Eth - Invest in ETH since BNB is centralized
Eth is soon launching its version 2.0 but the fact is that that many blockchains are based in ETH, ETH is open source and less centralized despite the fact that binance has a working product (its centralized exchange) and its lending and dex platform. While the deFi will make the ETH bigger as you need ETH to lend the deFi tokens. So it is time to make your investment in ETH instead of buying BNB tokens which may fail anytime.
I won't say to invest only in Ethereum instead of BNB. Of course ETH 2.0 release day will be 1st December or within 7th December 2020. After this news published by Vitalik, ETH price started pump in the last couple of days. Now ETH is better choice but after 2.0 relased, price may fall of ETH. I will take quick decision from Ethereum to BNB coins if it is possible. |
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Changing President of USA doesn't change basically their foreign and financial policy But Donald Trump was openly against Bitcoin. Hence, Biden is a experienced politician and i believe he will not openly say against Bitcoin but their policy may remain same. If he supports or don't take any action against Bitcoin or crypto, it will better for crypto lovers.
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Hey guys,
I've checked some intersting altcoins which are pretty cheap now, the projects look promising and legit but I'm still afraid that they could be another pump and dumps (there were so many of them already!). What are the signs or metrics that send alert signals about the projects and I should check deeper or not risk my money? Or is it just impossible to tell if it's another pump and dump scam project.
Pump and dump is the natural process of altcoins. If you find proper project and keep update regularly in their telegram and other social medias or website, you can get update message of listing, token burn, update, swap, partnership and many updates. This updates can put positive or negative impact on its coin price. An ideal investor keeps updates regularly after investment. To find out you can check whitepaper, team, website and other details. If you finds any suspicious any information, avoid this project from investment. |
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I don't save my wallet details in any online way like email, facebook messanger etc. It is very risky to save wallet details in online like email. Don't click any suspicious email link. One years ago my blockchain wallet was hacked due to clicking a phising login attempt link in my email. I have thought i have tried to login few minutes ago, i opened the wrong link that wasn't mine and login with password. Few minutes later, i have found my balance empty. So, i won't recommend anyone to put wallet details in online. You can save your details in offline, increase security by 2fa code and mobile verification if it supports in wallet.
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I'm glad I don't end up promoting this bounty project, here are reasons why I don't join the bounty campaign.
1. They tend to use small exchanges for fund raising
2. The team lied that they don't need money, they claimed they are well funded and yet they use small exchanges
3. The project use case isn't a new idea, infact they have too many competitors
4. Upon aiming for small exchanges to raise fund they are giving up too high allocation for bounty hunters, meaning they have no experience about crypto space and their exchanges
5. John mcafee name was tagged to the project banner and they keep sharing it as if John McAfee is all they need to be successful when we know that he is a king of nonsense Hypes.
They aren't failed i think. They have started listing with small or low trade able exchange but soon they are planning to list in big exchanges as there discuss in the main telegram group. As a bounty hunter, you have to think how much tokens they are paying to the hunters. They are distributing 30M tokens according to their promise. Before distribution start, price was more than $0.05. They don't delay even single hour which is rare now. Let's wait another few weeks or months and they say if they aren't able to list their tokens in big exchanges. If they burn their unsold tokens, list in good exchanges, price will go up sure. |
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Tezos is an open source 4th generation decentralized network for assets and applications. It has huge community of Researchers, Developers, Validators and different support groups. It has the largest followers in the crypto space. All of them share the common goal to make it Top 20 crypto currency.
There are rumours in the market that Tezos network will be used for Digital Euro in the years to come. If that happens then its price will sky rocket without any doubt.
Its current price around $2 which is very attractive for investment to yield huge profits in future.
I don't consider Tezos has any comparison with Ethereum. Tezos is now a good coin i know and i use this wallet for holding few XTZ coins. XTZ coins is now cheaper rate and i believe its price will go up as its popularity is increasing but it is not the next Ethereum. Polkadot may compete with Ethereum after the next few years but we can't compare standing at present position. If DOT will take the place of Ethereum in the future, i won't surprise at all. |
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YFI price is volatile. It fluctuates regularly and i can't predict its price. From the last 3 months analysis, its price touched $40k and went down to $11k and now experiencing $15k level. Who are already in profits, i would recommend to come out from this hype. Already many investors (including my familiar few investors) are in huge losses specially who bought more than $20k to $40k price. Only low supply can't be the scale of high price.
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In few University and institutions now has opened blockchain education course. Now a days without blockchain education, we can't expect better anything. An IT expert with blockchain education is high demandable either in banking sector or in IT sector. Blockchain experts have now huge crisis. Any energetic and educated person in blockchain is on top job demand in any country specially in Bangladesh where Govt and Banking association of Bangladesh are trying to spread blockchain education but they aren't in favor of crypto.
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Bitcoin bull run is ongoing as you can observe it from the last 10 days. Already pumped more than 35% in the last few days and today cross $15500 which is satisfactory level to the Bitcoin lovers. I am not sure whether it will hit $20000 in the next few weeks or months but i hope it will hit $20000 in the next year if no rumor, no panic sell happen in the market like 2018. As Bitcoin on pump, altcoins also move towards after a long time which is also good for the investors but we need to be more aware as we have previous experience. |
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This will increase the creativity in bitcoin world.Have we thought of this, I’m seeing bitcoin leading the world as the world power cryptocurrency.If a president of the world power is a trader and in support of bitcoin, It will affect bitcoin positively, countries,people will now start to legalize bitcoin on their own.So it will be great if this happens, I do understand that bitcoin is not a physical cash, that doesn’t stopped anything,You can move with millions of dollars in your wallet as bitcoin. It will be a positive impact if this happens.
Bitcoin is the top cryptocurrency and having $288 B market capital which is one of the top leading currency in the world. Bitcoin's blockchain technology is now one of the finest technology for financial sectors and as a consequence, many sectors specially banking sectors are now implementing it in their sectors. So Bitcoin is powerful from either popularity and market capital or its technology. Only on president can't control its price as it is decentralized system. Millions of people use Bitcoin and control its demand and supply chain and it puts impact on its price. |
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They haven't officially said anything yet but they may launch their own crypto soon. Already Paypal declared that paypal users from now can buy, sell, hold 4 cryptocurrencies (Bitcoin, Ethereum, Litecoin and Bitcoincash). It is a great step and good news also for the crypto lovers. Other payment methods will think about crypto adaption from now as their leader Paypal already done it. So what Paypal has done will open a new dimension in the cryptocurrency sector. |
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One of the most significant concerns people have about a trading platform and exchanging cryptocurrencies involves the transaction fees. Many crypto options have high charges, while others aren’t as dramatic. You’d have to look around to find the lowest transaction fees on the market if you want to find something worthwhile. Cryptocurrencies come in many forms, and they all have unique features. But you should be aware of how you’re going to find a good fee or charge that works. Knowing what works is essential for your success. https://swapzone.io/learn/lowest-transaction-fees/Tron has the cheaper transaction fees than Ethereum and Bitcoin but there are few coins which transaction fees are cheap like Doge, XRP, XLM. TRX, Doge, XRP and XLM transaction fees are cheap as well as the very fast transaction. So, if you avoid high fees of Ethereum and Bitcoin, you can use XRP, TRX, XLM and Doge to save you fees. |
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My name was removed from the spreadsheet without any reason. I have done week-4. This is not a professional behavior either from bounty manager or from team. This is deceptive attempt. We hate such heinous activities after few weeks completed. Bounty manager should stop this scam project.
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People are so quick to believe anything. That is not my ETH address. This is ridiculous post your ETH address here I will buy $20 ETH and send it to you so everyone can see
Don't try to tell a lie. There is clear evidence that you have given pm Small Rabbit with Ethereum address and he has sent small amount ($20) to your wallet. You can't check temptation of small amount. I saw your account was inactive and after a long time you have woken up and make a deal but ultimately done scam. |
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Almost all projects are cheating and refusing to give tokens at the end of bounty management. It's really sad that hunters work hard but they don't get tokens as a rule..
When the bounty is over, the team is making new plans so that they can easily escape by cheating.
I would like to say to all professional managers that Escrowed is very important and all of you should follow it.
Just in my opinion
Otherwise
1. Hunter will decrease
2. Team cheating step will increase
Now almost all bounties cheat the humble bounty hunters after bounty ended except few ones. This scenario happens only for the inexistence of Escrowed. If a project wants to run bounty, should firstly paid the rewards to the trusted Escrowed in this forum. Then Escrowed will declare that their payments is safe to the wallets and now team can run bounty. After bounty ended, payments can be sent from Escrowed wallet. This is the fine way to stop cheating. |
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Don't diversify with too many altcoins. Why don't you want to invest in bitcoin? and are you holding your altcoins on Binance and leaving it there as is?
If that's what you do, for holding, withdraw it and hold it to a wallet where you hold the private keys.
Paypal is now supporting Bitcoin and other 3 altcoins. After this news, Bitcoin is on the green trend and almost every crypto lover admires Paypal and hopes a bright future for Bitcoin. Only Bitcoin holding for long term or short term is the best idea in my opinion. Diversity may sometimes gainer but i Prefer BTC holding that altcoins hold. Of course, funds should be kept in personal wallet with increasing wallet's security and private key should be kept in safer place. |
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