I saw some of the scam busters in the forum talking about taking the case to the court on scam ICOs, my question is, is it really happening.
Can you give me scam ICO that was already taken to the court and teams are being punished?
I know about Centra.. so give me others.
WPP project, a project with wide vision and attracted 60 million dollars and then the comedy of the development team. When the ICO was completed, they planned to list it on Huobi, Coinbene, even Binance, but it was all a trap for investors to buy into the token. after a while, they continued to play games and planned to list on the bithumb, then canceled again. Now the price of the token is almost zero and all their plans have not been achieved even 1. You can check their whitepaper and see what they have done to thousands of investors who have trusted. WPP is the only one but remember there was a lot of scam project like envion, baanx, tokenpay and many more. A bunch of scam projects already available in the CMC and they are still not yet getting erased by CMC. But none of them have already taken to the court by investors. |
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If I have to choose quality or price, of course I am more quality than that coin. And also if the coin is widely adopted by many communities, it would be very good. With that will increase the coin's impact. For the exact price we will adjust to how much we have. Compared to buying coins at low prices, but the quality is not there. It will be difficult to increase the coins.
Let me give you an example of that PundiX is a very good project and lots of support from community and business partners. But the price is still at a very low price now inspite of product launching and lots of marketing promotion all over the globe. So that's okay for you? As an investor provided you bought it a very high price? Pundi has made a very wrong deicison by doing so many token swap and the team is not even focusing to develop the more feature that will be implemented to the product and that's the main reason why pundi has been loosing a lot of the demand from the investors. It's pundi but another project has the different result |
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We pay for comfortable work with cryptocurrencies to centralized exchanges, but we can completely abandon them. But, can we then make a good profit?  If you are a trader and what are you looking for to make a good profit should be the liquidity and the fact that if DEX is less on the liquidity compared with the centralized exchange site. Based on this point and that will much more difficult for you to create good profit from the decentralized market. I believe the answer you can't. |
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Trying to make money with Stake? This reminds me of blockchain banking. Bitcoin offers an alternative to this economic order. I don't like to see a system similar to the current banking models in Blockchain. I think it makes more sense to invest in projects that function. Of course, ideas can change.
The majority of people who are aiming to make money from staking just wanna earn the passive income from their coins. It's really different with the blockchain banking. Just because it was giving the possibility to the users to staking their coin in the network to earn passive income doesn't mean if such coin didn't have a function. Some coins like tezos, cosmor are having the fuction for its coin too. That doesn't make sense if staking will erase the function of the coin itself. |
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Gone are the days when white paper was attached with so much importance, then you could tell where the project is heading for, but right now even scam projects hire people to write white paper for them and lure investors into, basically what I really watch out for now is the team behind the project, that could give a little guarantee of the project success.
Those days have gone and this time so many developers don't even care about what they first plan that already written on the whitepaper. This time WP is not an important thing anymore as so many developers are always changeing the roadmap at the middle of the development progress. There was a lot of the freelancer is offering such service on the various freelancer website. They are even offering the ico site creation too. Remember the team can be faked anytime and that needs a deeply research. |
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Altcoins are not performing well since 2018, and the only Bitcoin is growing. Still, I think after reach the price of Bitcoin at the level of $10000, other altcoins will also perform well but should be patient for long-term and also should invest in good projects, not in every project or low worth project.
The bullish trend of bitcoin will actually make the altcoin goes to the moon at the same time, so many times this cycle happened in the past and there is no doubt if the bitcoin can reach 10k rate again and altcoin will be going to get the instant pump. I just expect if that will be coming very soon as the bitcoin is still very bullish right now. But i personally will prefer to bet on a potential project rather than a big project because when it comes to the profit comparison and potential altcoin can give you even more, |
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ANNOUNCEMENT on the UNLOCKING of WITHDRAWAL FUNCTIONS on BCNEX exchange
Dear Bcnex-ers,
As you know, 20 days passed since the the moment we locked the withdrawal functions. Maintenance still going on smoothly, but some stages are required more time. That is why we decided to UNLOCK PARTLY of withdrawal functions.
Withdrawal functions of following tokens will be AVAILABLE from 22:00 (GMT+7) on Friday, January 17, 2020 :
- BTC
- USDT
- ETH
- BCNX
Users can trade other tokens into those 4 tokens above & then make a withdrawal transaction.
Wallet of other tokens will be available to withdraw in near future.
Thank you for the attention and cooperation 🤝 source: https://t.me/Bcnex_Official/134676only four withdrawal options will be opened, though not all of them, at least they still show good will to their users. Since the beginning I had thought, if they end up committing fraud, it would be very easy to be arrested because they had previously collaborated with the Vietnamese government, hopefully this announcement answers a lot of the confusion that has occurred so far. Finally, they also issued an official notice regarding the reactivation of the withdrawal. I hope that the users of this exchange will quickly withdraw funds from this exchange as soon as possible because in the future we don't know what will happen to this exchange. They have frustrated users and lost their reputation. In the past everyone has endured for so long and it's time to leave it. There are many better exchanges than BCNEX so many times and so we can have many other options But it looks like that bcnex has a liquidity problem but the team is not wanna saying it with the public. that looks strange to see that the withdrawal function is only available with 4 kind of coins. But im so glad tos ee that the withdrawal already available as those who are wanna leaving bcnex can do that as soon as possible. |
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2019 had been not so good for altcoins as this year has given us number scam projects and as a result, some of the genuine projects have been failed wherein people just pretended any projects with ICO as a scam. I think 2020 will bring new hopes and some good project in the market by considering 2019 as a learning area.
Highly unlikely. Sure the would be some unicorns who outperform the market. My forecast is that BTC is gonna dominate the market. And you don't even create a forecast about bitcoin since it has already dominated the market from the start. What we need to know is about how long this trend will be going on. it looks very good to see the trend will be very long to make sure there will be a huge imprevement for the whole of market. I hope that tachying will get a good impact from the bull trend. |
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circulation supply is still in half of the total, and I think the increase in ripple may be difficult to more than 100%. indeed ripple will be a hot investment asset for this year, and if liquidity from ripple can increase and volume can increase, I think ripple will really be a promising investment asset this year.
I don't think so as ripple will become a payment system only and no more. If we are talking about the use case and ripple coin has no evena single use case that makes the coin can be used to run like smartcontract or something else. Ripple is not a hot investment in this year and it's over rated for me. |
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Demand and supply will always be the main things to determine the price of the coin. This is the rule in the economic when you are playing in the market. Crypto is a little bit different consider it has no regulation and the manipulation can happen anytime. The downfall of the coin after listing can be created by the whales too. It's a bit difficult to know is that caused by the manipulation or determined by the market.
One reason in my opinion is because investors and Bounty Hunter are directly selling their tokens after listing in Exchange. I agree with some projects that hold the distribution of tokens to investors or bounty Hunter, or distribute them in stages so that prices can be maintained on the Exchange. As long as the coin has enough liquidity and it can be prevented and this has already proven so many times. The problem is we can't even trust all of the developers to hold or give more delay to open the contract or unlock the tokens. We have faced so many times the developers have dumped their tokens to the market while investors or even the hunters didn't get even a single coin. |
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It's not a sinking ship but it's no longer a sleeping giant. Let's admit it that we've expected much with ethereum but mostly it became a failure to most. I'm still have my last ethereums on hold and willing to wait until I can see the price becomes acceptable for me to sell.
I'm still optimistic that ETH could show its market dominance among altcoins. Yes, Ethereum is not a sleeping giant anymore but consider it a sinking ship if people will never risk their money for investment. The future of this certain is only in the hands of the investors but of course, the devs have had a big role for this in order to turn back its potentiality. Just like bitcoin, there are holders that are not willing to sell at any price. The developer that sold and plunged the price back to the current we have is desperate and is probably in need of money. We have no choice but to remain optimistic until we sell it at a satisfying price soon. The future isn't just with the investors but it's more with the developers and how they'll show the development of it to us. Developers must be able to show what developments or updates they will make in order to attract investors to invest in it or be able to encourage many people to start buying coins and also for investors if the project is good, they will start investing and hope that it will can provide benefits and hope that the developer can give what is best to develop the project. The develops have done the latest updates and it has already showed to the holders but to be done all of the updates need the time. Ethereum is a large scale blockchain protocol which widely used and that makes ethereum consumes more time to make it happen. I just suggest you to watch all of the articles about the ethereum updates again. |
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Nothing has changed until now, And I think the manipulation is even worse now.
Especially those tokens that are not really useful here in the market, and are still listed on the exchange to victimize newcomers and even pump and dump participants in the TG group.
Im not sure about that but when you are taking the data from cmc and it's fully manipulated but when you are trying to take it from another source just like coingecko and it seems to be the fact. Nothing change and the market is still being manipulated but about how worst is it still can't be determined yet. |
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recently BSV market has seen a huge developments , increase of 48.8% within 24 hours.
what to do you think? will it touch $275.00 in next 48 hours?.
It should be a bulltrap that can go down anytime but this pump to react the latest news about CSW case. Shorting BSV is not a very good decision right now. if this trend still continue and BSV will go to the top as soon as possible as it has already pumped a lot. |
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I am pessimistic if the price of XRP can reach $28, because it requires 8x from ATH which
has happened in 2017 ago and that I think is unlikely to happen in the near future. I think the most logical is to reach $ 10 next year.
Sometimes I wonder if people actually understand the magnitude of the growth that they are predicting, ripple is barely above 20 cents and you are predicting that during the next year it is going to reach 10 dollars, that is a growth of 50 times its current value. Why do you think that ripple is going to be 50 times more valuable during the next year? What kind of adoption do you think that is going to go through? What kind of development are you expecting out of that coin? If anything people should feel really lucky if ripple reaches a price of half a dollar during the next year. Adding to that also is how much trillions of dollars to be invested in order to reached this huge amount of value. Aside from being centralized where manipulations can be process in case this so called big banking industries who's backing up ripple but the trust for investors to follow is so much questionable. It's really high to predict since the last ATH only reached $3.84. Remember the total circulating supply in the market is only no more than 30% from the total supply of ripple coin. A new ATH is almost impossible. we must see that about how the billion coins of ripple will always be distributing to the market gradually. I didn't even believe if those ripple fans will buy all of the ripple from the pre-mined coin. Bankers don't even wanna put all of their money to this protocol. |
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I can't give you advice for you to follow, but I only hold TRX, DOGE and ETH in the long run, because other crypto projects that have just arrived in 2019 seem like many are not viable for the long term, so I play it safe for my investment, I also trade often playing the three altcoins above, occasionally looking for profits to multiply my profits little by little
Why did you choose to hold DOGE in the long term? I didn't see any significant increase for DOGE and it was not a good altcoin to invest. Investing in TRX and ETH is a good choice but for DOGE I recommend thinking and choosing another altcoin better, like NEO, EOS, BNB ... It looks like that he was betting on the Pump that always happening with doge in a period. Remember about when we comes to the new period and the dogecoin always get a pump by the whale. That;s why he was holding doge for sure. Im not sure if he will be leaving from doge as he was having a lot of trust on it. |
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I expect price movements to move upwards in 2020. Prices were constantly falling. I spent 2 years very bad especially the altcoins. There was no good profit system other than IEOs. Altcoins can return in 2020.
That's very unfortunate on your part. But your expectation this year might really happen. It is expected that this year, we will see a positive movement in price of every crypto in the market. Though I don't expect that it will be the same as in 2017, but we should expect that its price will increase gradually. all certainly hope like that, the experts also think that 2020 can be the year of Altcoin, many tweets on Twitter people have the same opinion and share their analysis, it is very helpful Not so many experts are expecting it to happen right now. Some big names may say the non sense price will be achieved by bitcoin this year, but i still doubt if that will be happening in the future. I can't even see if there was a lot of people are saying like that. The possible thing for bitcoin to surpass last year ATH. |
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The alts I'm holding are going quiet well these past few days. Some prices has started to rise up to 25% and I'm hoping value will continue to recover slowly. I've been holding some alts for over a year now and I'm hoping I can sell then at reasonable prices.
Since you had the patience to hold the coin for this long i really hope that you will be able to wait for a couple of years so that the expected alt coins rally will come and everyone will have the opportunity to sell off their coins at a profit and everyone who is in the market for the past few years will be holding a decent amount of coins in their wallet and i hope it will happen in the top coins in the wallet. We hope so but the time will tell us about when that will be happening. Never try to create a big speculation about the trend that is happening in the market. Just follow the trend and analyze the situation is always become the best choice right now. market is totally unpredictable and that's why arguing about when the bullish trend will come is useless right now. |
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Go long if you don't want to trade daily which can actually be a complete nervous daily nightmare...long BTC, easy.
Remember if that will not give us a lot of profit. Long term will be less risk compared with the short term trade but when we are wanna getting more profit and we must deal with all of the risk. I think everyone is very well known about what they are facing with. Just try to do long term with bitcoin and put small amoutns for the short term. |
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I believe that the time will come, slowly the altcoin starts to crawl up now and my hope is that by the end of the year it will be like this last year. The number of short positions fell to a historic low.This suggests that the bears have exhausted their strength, and perhaps soon we will see the growth! I hope so.
The bear market is still here and you can witness it if you follow the market regularly. The current altcoins have gone too low and cannot go down further because all investors have sold all altcoins and stopped planning to hold them. There are also a lot of altcoins dying and no volume. We will certainly have a new round of growth for altcoins, but not for all. Only a few good altcoins and gain achievements in this market We still in the phase of climbing where we keep on pushing the price to rise and to end up this bear market and to enter again in the bull market. I'm pretty sure that only strong altcoin will only survive on this coming year and I agree with you that most of the altcoins that no volume are now dying. But, there are still new upcoming more altcoins that will also rise and I know somewhere in this year 2020 we can really experience altcoin seasons. Not only strong altcoin but it must have a working product to survive in this market. Crypto is have a very string market that the only good coin can survive. Those altcoin with zero volumes are getting dead. People are still moving to the promising altcoin rather than try to bet on the dead coin. They are still wanna seeing their money to grow even more. |
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I dont think so it will be bearish, i am expecting rise in market and it may be or may not be bullish as it will depend on whales or market setters. But i think crypto awareness should grow rather just going after pumps and dump as it will automatically increase the price.
it is likely that will happen in late 2020, for the beginning and the middle of this year, I think the conditions will still be the same as last year. and the big whales might not pump prices in the middle of this year, but I'm sure this year is a good year for crypto. it might happen to pump this year. who knows when we won't know. some say after the update of bitcoin or the launch of libra on the crypto market it will cause market movements. there have been many updates this year, we have a lot of hope. prepare yourself. And it's happening right now. No need to say a lot about the bearish market and we are still on the bullish trend. i hope that last year's bearish trend will be the bottom floor for the next bullish trend this year. No need to mention libra because it has a lot of uncertainties. it looks like that just to believe in bitcoin is much better for us. Bitcoin will bring crypto to the moon. Just believe it will happen soon. |
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