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depending on how much you are holding and how long you intend to hold it. in case you are someone that want crypto wallet to hold some coin for a short duration, you can go for web wallet. some desktop wallet that let you have control over your private key is also good (Electrum wallet etc) but make sure you download from official website. In case you are considering storing a large sum of crypto for a long period of time, I will advise you to go for hardware wallet because they are the safest. Trevor and ledger nano are some good hardware wallet. GYM ledger is also a new hardware wallet that is just being introduced to the market.
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From my experience, there no organization that will fight for you to get your rewards. This is very common these days. Many projects do it for both right and for wrong reasons but the most important thing is how much they have been able to convince the hunters that they do it for the right reasons. If you have any proof that you have been actually cheated then you can open a scam allegation here on BTT with detail proof. If users with DT see that your proof is true then such project may get negative trust if their account is available here on the bitcointalk.
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Some of the point you listed is true in fact before you can get listed on CMC your coin must have achieved a required amount of daily trading volume. That was when CMC is making sure they do not bring substandard coin to the list but today things have change and it all boils down who you know. your coin can still get listed on CMC even though your project have not make the requirement. I believe if the CMC continue to provide substandard coin in their listing site, alot of people will start to lost trust in the website and seek for other options to find what they actually want.
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creating demand for the token is the hardest thing especially at this period when crypto market is not how it use to be. There is no way you can avoid crypto dumping when its being listed because investors and bounty hunters will sell the only way project can optimize and bridge this gap is to list token in exchange platform with large pool of traders.This might help the token to recover when it is being dumped. if project intending to create crypto trading platform is facing the same problem how much more will other tokens from a different project will face. In as much as the market still remain sluggish, this will continue
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it all boil than personal attributes and trait. we all know the potentials in cryptocurrency and the reason why everyone is eager to see a huge rise in price is because we have all witness this before in 2017. Assuming what happened in 2017 did not happened, do you think people will be hoping to see another huge price rise. Nearly everyday, a new thread is created with people asking when the next bull run. I agree perfectly that we should not be too nervous to see our investment growing fast but at the same time, what will you think if you have put half of your life savings in crypto. I am sure you will be nervous to be checking the price everyday
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You don't understand the advantages of PoW. It can monetize private production of power. It allows people to have their own power sources and turn it directly into electronic money that doesn't depend on your country or your local economy. PoS has its weak points too like centralization.
I thought PoW consensus algorithm have been queried by many developers of being centralized. in fact it gives dominance to some miners than others. prove of stake algorithm might as well have its own shortcoming but to the best of my knowledge it is still ok than PoW. imagine 0.33% of global electricity is what is being consume by mining bitcoin. This is too much. running PoS is the best. No huge amount of energy is needed. it is cost effective, High throughtput and the transaction speed is superb. I am sure satoshi would have adopt PoS if he had idea how well the algorithm is. |
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the community is the backbone of any ICO. from experience, ICO with strong community member has a tendency to be successful. However, you need also to be careful which of the community you are talking about here. If it is telegram community, try and watch closely what is being discussed and how much attention is being given by the team member. Just because you see a huge amount of members on community doesn't mean the community is large, sometimes many of them use bot so you need to measure your abundant on how much interactions is going on within the community. such ICO most be active also on the all other social webpages
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the extent of listing is to create a pool of demand from fresh investors and some old investors that may be more interested in the project. This day some people wait for token to be listed on exchange before purchasing them. This is because some belief buying when listed is the best as you can buy at price lesser than the ICO price and it also makes the reliability in such project higher. However, nowadays the rate at which people investing have dropped compare to before so listing in exchange might not help properly unless the market recover. trading volume have reduced compare to before
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known a scam ICO might be very hard sometime especially now that many of them are alway well plan e.g Elisia. However, some informations on the whitepaper might give you idea of the level of trust you can find in any ICO. As an investor, the first thing to do is to check the whitepaper for plagiarism. Most ICO that are scam always involves in playgiarism. Secondly background informations of the team member is also important. many of them use fake image and sometime photoshop images they download whitepaper. lastly go through the legal agreement on whitepaper. No ICO will promise you that you will make profit from your investment. If an ICO is making this bold statement of you profiting for investment, please run away from such ICO
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It is true that hardwork pays but that will only be true when you make intelligent decisions. Especially in bounty hunting where you may not get anything despite the fact that you work hard. I believe truly that this forum is a stronghold for any crypto related activities on the internet but their limitation to which bitcointalk can reduce the level of scam and other misguided acts. This is because everyone is free to join and post as long as they do not go against the rule. nobody knows your intentions before joining the platform. to the best of my knowledge all the moderator here are doing their best. you also can help improve the activities going-on on the platform by reporting any unscrupulous activities. thank you.
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they both differ and can be better explained by the consensus algorithm which is the most important factor that determine the performance, throughput, and scalability of any blockchain. Ethereum uses Proof of works (PoW) consensus algorithm while the Wave platform uses Proof of stake (PoS). both algorithms have advantages and disadvantages. for example, platform using PoW consume a lot of energy and also have low throughput (e.g Bitcoin, ethereum). many projects use ethereum because it uses one of the first consensus algorithm (PoW) which they believe its more reliable and totally decentralized. Although many developers have query the decentralized feature of such platform. PoS algorithm running platform have high transaction speed compare to PoW
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From the statistics you have given we can conclude that since 2017, the number of ICO being launched is increasing but I think the same trend will continue. We may probably see many ICO again this year. Possibly they may be greater than 2018 but a number of unsuccessful ICO will probably be higher than last year. Also, the rate of Scam is becoming alarming. This is because a lot of criminals are now shifting to using ICO to get cheap money just like the way HYIP do operate. Unless huge postive news hit crypto and the market recover well that may drive investors to ICO again. If not, it is likely things get a bit sour in 2019
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I will not advise anyone to leave all the things he/she is doing to focus on crypto. you can do crypto as part time to add to your income but never a full time. You see crypto can not be rossy for life. Just as you can see what everyone is saying about the market. Nobody knows what future hold for crypto. It is almost a year now that crypto market has witness persistence decline in the number of investors. Bounty hunters that use to work and earn decent amounts are now earning peanut. you can work for full 3 months and earn less than $30 provided that you do not even end up not getting pay due to scam and other related issues
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you are not alone in this. I personally is witnessing the same. Alot of bounty i participated in year 2018 are either didnt pay or are not yet listed on any exchange not to talk of many that have not even distribute the token. Many of this project to me seems to not even know which direction to take next and that is why thing are how it is now. Many of them are postponing listing why some do not even answer numerous questions about listing on the telegram page. Probably many of them are waiting for market to boom again before listing on any exchange. some few that list on dex are not doing well in term of trading volume
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#SONATAProofOfParticipation
Bitcointalk Username: thesmallgod
Campaigns Joined: Article/video campaign
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I think we should be more focus on the expanding and more adoption of blockchain. If ethereum will go to $1000 then on which bases. What will drive the price high even though we are know the price of ethereum has been hanging around $150 since the beginning of this year few days ago. Many people have make predictions and are still making up till today but the price still remain the same. I can see some people talking about the SEC meeting that it will determine the price route crypto will follow this year. We are keeping our finger cross as we sit and watch closely what will happen to crypto this year
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if you look closely what is achievable by using blockchain technology you will realize the multiplicity and diversity in functions of the blockchain technology. I ones explain about blockchain technology to a banker who only knows about crypto but have little knowledge about the blockchain. he told me that with his 10 years experience in banking he can boldly tell me that the world will go towards adopting blockchain technology for almost all sectors of the economy, banking, education, hospital, tourism etc. And when we are talking about technology, we all know that china has always been quick adaptor. other countries always join them later.
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there are two type of people that condemn bitcoin. People that see bitcoin as a threat to their business while the other group of people are those that have bitter experience about cryptocurrencies. when you watch closely about people that speak bad about crypto, you will discover that they are doing so for their selfish interest. Some countries have even reveal the truth about why they are banning and this is because they can not tax people with huge amount of money in crypto. well this is understandable but they should have consider the adoption of underlying technology of the coin which is blockchain
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without going far I think bitcointalk remain the best social media platform for crypto advertisement. After what many people that post crypto related have faced and still facing on platform most especially the twitter than ban people almost everyday for posting crypto related project. before I even join this platform I use to be a crowdworker on crowdflower. when bitcoin was added as a payment processor. I went online to search google and I was redirected to bitcointalk. this is to show you how powerful this platform is when you are using it for making advertisement related to crypto
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