|
I have seen series of signature bounty campaigns that make their payments in bitcoin and ethereum for people of high ranks in the forum to wear their signature code, avatar and personal text.
These people of high ranks are sometimes seen by the newbies as the experts who can only or mostly campaign for projects with great potentials. The project teams seems to also believe this to the point that they pay them in bitcoin or ethereum in believe that those high rank members wearing their signature codes will attract investors for them.
Some of these projects end up being a waste of investors' funds and times.
Now my point is, if the high rank signature hunters really believe a cryptocurrency project will be success, why don't they accept it as payment? Does it mean they already foresee that the token will end up being a shit in the end?
KONOIS (KON) token is an example of such projects
|
|
|
|
|
I have been wondering since I join bitcoin and ethereum trading. Is there a regulatory body for bitcoin price? If there is none, what are the factor responsible for both the bull run and the bear market.
|
|
|
|
|
To me, I believe this Era of IEO is better compared to the time of ICO. IEO has curbed the emergence of scam projects. It reduces it to a certain extent. IEO also safes the project team the unnecessary headaches of listening as the agreement of listing must have been entered with an agreed exchange party.
|
|
|
|
|
There is no particular look for a good project to invest in nowadays because the scammers already know what you look into and perfect it to look legit to convince you to invest in their project. But look into authenticity of the project team and their track records can be of help to decide whether or not to invest in it.
|
|
|
|
|
Altcoins investment is a thing that scares me nowadays. I'll rather buy bitcoin and ethereum when the prices are cheaper and sell when the prices rise.
|
|
|
|
|
Altcoins have never gone anywhere. Although, most of them cannot even stand the trial of time and thereby fail in no time. But new ones keep coming up day by day.
|
|
|
|
|
Mining is the best means of earning in the cryptocurrency. ICO was cool until last year when scams took the advantage of it to scam people. And on IEO, the problem is that the project team will sell at a high price for you and in the tell you they have no power over the price when the token price fall by almost 90% in just a week.
To me, mining is the best and assured means of earning aside buying cheap a d selling high.
|
|
|
|
|
Not only bounties are unpredictable, cryptocurrency investment generally is unpredictable. You don't know which will be successful and the one that will fail.
Even the already succeeded and well known coins cannot be predicted. You don't know when the price will be high or fall. No matter how expert you may claim to be in the cryptocurrency trading.
|
|
|
|
|
Most people do not even know what the possible use of a cryptocurrency can be. They don't know the use beyond buying cheap and selling at higher price possible for profit motive.
|
|
|
|
|
I see a lot of altcoins recently. Tow of them caught my attention. Taklimakan (TAN) and WPP. There's one other one in the Pre-ICO called QUUBE. It is powered with QRP. You can do the STO and I'm certain you should get something good out of this.
|
|
|
|
|
Getting addicted to your portfolio is a normal thing when what you do is mainly cryptocurrency trading as a profession. And also, when you have what seems huge to you as cryptocurrency, you will always want to know what you can possibly get from time to time.
|
|
|
|
|
That is exactly the agony faced in bounty hunting and altcoins investment. You never can tell which is which among the projects you promote. Even if what you promote succeeded, the earnings do what what your time. That's why I now see bounty hunting as a thing you should do at your leisure time.
|
|
|
|
|
There is actually nothing wrong in investing in multiple altcoins but it should not be that much to the point that one will not longer be able to monitor the progress of each of the altcoins invested into. If one lose trail of monitoring the development, one with not know when to sell or hold and that may result in loss as the price might have fallen below what was invested.
|
|
|
|
|
It is safe inasmuch you do not leave your fund for too long on the exchange you do not trust that much. Send your coin to the exchange only when you're set to sell and ensure you withdraw back to your wallet immediately after trading.
|
|
|
|
|
I guess you understand that a bounty can look great in term of payment but the project it involves may not worth spending time one. We did proFish bounty a year ago. The project had a very good price and the pool was also cosmetically good too but in the end, the team scammed the hunters and the investors. The project is practically dead now.
|
|
|
|
|
Some projects in such scenarios peg their reward to a token worth of certain among. The person will only the highest possible reward in line with the bounty rule. I am on a campaign that claims that their payments is paid in number of stakes acquired with reward fixed on a stake as $0.1. That means if you happen to be the only one, you will just get reward for stakes you have acquired.
|
|
|
|
|
That is the problem we now face in the cryptocurrency today. It seems the project teams no longer have the sound knowledge of what they want their project to create solution to. They only make up an idea and polish it to attract the newbies or mid knowledge investors.
|
|
|
|
|
We heard the news of IEO to be in place of ICO in order to curb the high rate of failure and scams in the development of altcoins projects in this year 2019. My surprise is that I still see series of projects claiming to be in ICOs. Doesn't that make them scam as we have seen in the same scenarios in the past?
If it is, I wonder why people still invest whether their time or monies in such projects which have high risk of loss or being scammed.
|
|
|
|
|
I doubt if this is as you think. This is prediction with no base. If any project in the name of altcoins comes up in 2030, it will surely survive as we see a lot of sectors and sections of governance and businesses dabbing in blockchain technology.
|
|
|
|
|
Show Posts
