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It maybe necessary and important for some projects already listed on exchanges to launch bounty campaigns and airdrops for more publicity and to attract more traders and investors. Even good and promising projects listed on exchanges do so so as to increase their trading volume. And I think this strategy is good.
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The bounty season is gradually declining over time as compared to the previous years. So only few of crypto projects is being launched and among them, a handful is good enough for participation. I have not found any such good projects so far. I am also on the lookout for a good project that would give me a handsome return.
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Happy Birthday Ethereum and the team. First of all thank you to the entire Ethereum team for bringing this amazing project to the crypto space. I am very much interested in ethereum and have much belief in the project since its inception. Although the project faced many ups and downs in its journey, its performance and hard work will ever be remembered.
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In many cases, bounty hunters are deprived of their rewards for working so much hard for crypto projects, and the case is growing over time. Some crypto projects do not pay bounty hunters under various pretexts like their soft cap or hard cap is not met. And bounty manager is not held responsible fully. The management team is much responsible for that I think.
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I also do not follow predictions made by so called crypto pundits. Many new investors and bounty hunters are overwhelmed by crypto predictions, causing panic-sell off. So I also agree with you that altcoins are unpredictable. None knows when price of altcoins will go up and down. So stay calm.
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I am no more experienced with staking and mining. Literally I have not mined any coins so far. But in case of staking, I have found a good coin called Miracle Tele and have got some 1500 Tele from bounty campaign. Its staking rewards lured me so much and I believe this tele tokens will give you more rewards through staking.
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I do not think and believe that all of exchanges have bad intention and are on the lookout to steal traders money. But it is true that some exchanges are reported to be scamming traders by luring them. For instance, BiteBTC is one of them. I have heard that BiteBTC fakes price of coins just to lure investors and scam them.
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Yes you are right. Choosing right bounty projects is a quite difficult task and leaving a good project midway for another bad one is bad. So bounty hunters must in the first place pick good projects by researching the projects they are working for. In my case I have not experienced such situation wherein I have left a project midway for another one.
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This may happen in the future I also think. Facebook is trying to monopolize the market with its already strength and power. Some collaborative partners will allow Facebook to do so. I think Facebook is trying to establish only one digital coin, Libra, to discourage other digital tokens. And there will be no wonder if exchanges are allowed to sing in through Facebook.
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Bounty hunters in general are always in a rush to go and grab any project even without researching it, let along look at bounty rules and regulations. Some of them do not read whitepaper and other documents. As a result, they get troubles of some kinds. But some crypto projects impose unnecessarily rules afterward.
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I see good future of every altcoin as long as they keep performing well and provide good service to customers. Now we can see hundreds of coins already in the market, and new coins are coming up. Good and potential altcoins have good future as the entire world is embracing cryptocurrency. Regulations will also be in place to make cryptocurrency stable and stronger.
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One of the big lessons I have learnt from the crypto space in 2018 is never follow price hype of a coin. Another lesson is never blindly depends on others like so called cryptocurrency experts while investing in cryptocurrency. I have invested in ripple in 2018 when the coin was skyrocketing. I thought at that time that the coin would never fall in price. But it dramatically fell in price, incurring me a big loss.
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That is why everyone needs to do their own research before investing or working for a project as a bounty hunter. There are many projects, genuine or fake operating in the market. Some projects have ill intention and are on the lookout to scam people. I have also come across such indicator showing how much money a project has collected. Thanks for information.
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Yes bitcoin may go beyond its all time high price of around $20000 given the volatility of cryptocurrency. But I cannot tell what level of price it will hit in the future. Bitcoin fell sharply as low as around $3500 right after it hit record $ 20000. So we can assume that cryptocurrency is volatile and price of coins go up and down from time to time.
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I consider this reply of Justin Sun to Donald Trump's criticism of bitcoin, Libra and the whole cryptocurrency is very relevant and an attempt to make Mr Trump aware of the importance of cryptocurrency in this digital world. Sun invited Mr Trump to Buffett lunch with the intention of giving a message that how much cryptocurrency is valuable in this world now.
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First of all I want to suggest you to hold onto your ethereum. Ethereum is number one coin behind bitcoin and it will yield good results and give good profits in the long run. If you want other coins, you can buy Binance Coin, which is progressing so much that it has high chance to be the top three coin in the future. Waves, PPT and strat are also good coins.
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The US is fearful about its fiat currency when a powerful social media comes in with a plan to introduce its own digital currency. Facebook is so much powerful and its influence will have much impact. Likewise, other giant tech will follow suit. So the US is right in fearing impact of Libra. I think Facebook will convince US administration and issue its own currency.
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This idea does not work for me as I am not keen on launching my own crypto project, be it crypto exchange or coins. I am happy working for the market as an investor and bounty hunter. Second, there are many exchanges and almost all of them have the same goal and target, to give customers a reliable and feasible service. But the article maybe beneficial for others interested in it.
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