It's very likely, I think it is this way just because if the present situation of the market that makes it seem as if the IEO tokensale model is dead but I know that once the bullrun returns, it would return as well and we might even see an ICO come-back as well, it all depends on the market conditions and we all know that it would improve soon.
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Well, I am not sure this is the correct thread for this topic but even if Facebook was owned by the CIA, I don't see what difference it possibly makes because what would they do with the data? It's not like that want to steal my credit card details to rob me of my funds or sell my information to the black market, infact I would feel better if the CIA owns Facebook and not an individual who could do anything he wants with the information he cultivates (and he has done it before), moreover from what we know (atleast from movies and books), it seems they have superior hacking skills and equipment and can get any information they want.
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People tend to abuse things, just take a look at the Keybase airdrop where over 95,000 fake registrations were disqualified and you would know what I am talking about, for this to be sustainable, it has to be a fair distribution to everyone and that includes real users only so I have to admit that I wasn't really surprised when j saw this because if the KYC wasn't implemented, people would always find a way to exploit the system, you have to see it from this point of view as well.
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The answer is simple >>> "Look for the problems in the other payment systems and solve that with Bitcoin"
~~ Is Bitcoin more convenient to use? ~~ Is Bitcoin cheaper to use and where will that solve problems? ~~ Is Bitcoin safer to use than traditional payment options? Where will it be safer to use? ~~ Is Bitcoin easy to use (How can we make it easier to use?) ~~ Is Bitcoin faster than other payment options? (Where can we apply it to solve problems with other slow payment options?) ~~ Are we using Bitcoin for the correct applications? (Trading or Currency) What should we focus on?
While we might make it seem like that sometimes, we Bitcoin Enthusiasts are not so blind that we can't see the handwriting on the wall, Bitcoin is presently now scalable enough for worldwide adoption as a payment method because in late 2017/early 2018 when we had a influx of some few million people, the bitcoin network was so backed up that it was taking days to make transactions in some cases and the transaction fees were off the charts, this is a problem and a solution for it is being worked on and it would eventually be solved.. Hopefully. Moreover the volatility in the price of Bitcoin disqualifies it from being a valid payment method too.
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Do you know why the BNB tokens turned out to be the most valuable exchange token right now and has maintained that position for years? It's simply because the exchange went from new to being the best in such a short period of time, this meant more and more users in the exchange and that meant more and more people using the token for a 50% discount in fees, what I am trying to say is that Binance seemed not to focus on their token at the beginning, they were focused on the exchange itself and improving it and making it the best out there, the boost in token price quickly followed when they added more and more utility to it, new exchanges should learn from this great example.
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Yea, the red trust system wasn't really introduced because of bounty managers, it was originally introduced as a warning mechanism so that people would not automatically trust people especially those with high ranking accounts in the forum when it comes to financial deals, so anybody could introduce a good project here and even newbie accounts tend to introduce good projects all the time and be the bounty managers in the campaign, so I don't look at the trust level of a bounty manger, I look at the project itself and if I like it, I will participate in it.
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You could lend stablecoins in several platform, Moreover just like you trade bitcoin, you don't buy bitcoin with bitcoin or sell bitcoin to get bitcoin, people usually trade it with stablecoin so saying you trade bitcoin is also like saying you are trading stablecoin if that is the pair you prefer to trade with, it LAL depends on perspective, but lending has been around for.a long time now and is a good way to earn residual income with your stablecoin.
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I know for certain that my email has been shared to the public without my permission (Thanks BitMex ) But I took certain steps to make sure that doesn't affect me at all, I know they say that no account is too strong to be hacked but the way I secured mine, it's looking a lot like Fort Knox and any hacker who manages to breach it really deserves to get whatever they want because I would be impressed, apart from using a long and complicated password, I urge everyone to use a secures recovery phone number and email and multiple 2FA, make it so complicated that even when you are trying to log into your account, it stresses you.
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The bitcoin price has proven to be so unpredictable over the years and trying to judge when to get in is next to impossible if you want to win all the time, that's the simple fact. So it all boils down to personal decision and a price you are comfortable with, if you are comfortable entering at the current price, then by all means do it but if you are not comfortable with the current rate, then you wait for it to go lower (if it will), that's one of the beauty of trading it but also one reason why it could be so frustrating.
You might be thinking the price is low and once you enter, it goes lower or you might be thinking that the price is high so you sell and hope to buy lower, and then it keeps mooning.
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From experience I have noticed that most of the successful projects don't even have a bubbling group so when I see a project that still wants to hold it's sales and there is so much buzz in the group, I automatically assume that it's not natural, there are services which offers these services to project owners, some would add members, some would help to chat and keep the group active and such, all in a bid to sucker investors into parting with their funds.
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Some projects that turned out so well like Arweave didn't get much if a rating and they turned out to be one of the best projects out there because they have fully developed what they promised in their whitepaper and still even have a very good price for their tokens which is more than I could say for those projects that got up to 4.9 rating on ICOBench, the process has been rigged from the beginning and would continue to be so even though much people don't use those sites anymore except maybe to check token price and such.
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The Keybase airdrop is not a scam, according to the latest updates from the team, the distribution of the tokens (688 XLM per qualified participant) might take some days to complete and personally, I received mine yesterday even though I didn't even take it serious, just decided to join for joining sake, 95,000 bot and multiple registrations were disqualified and if you fall into this category, then you should check what you did wrong, maybe registered multiple accounts?
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You can get tons of research material in YouTube and other places but it just doesn't end in learning it, you have to know some certain things that could be quite dangerous to trading if you practise them while trading and some of them are impatience, listening to what people has to say about certain projects and allowing their enthusiasm make you invest without making any research of your own and a host of others, you could view some of the high points here: https://bitcointalk.org/index.php?topic=3572889.msg36449251#msg36449251
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It all depends on the particular service and what they offer and how long they have been in existence, for example I tend to trust casinos that has been around for a very long time without getting any negative feedbacks, especially the ones that has been proven to be probably fair, for every other bitcoin service like bitrefill, same thing applies as well, I believe that bitcoin related services are revolutionary and I do my best to patronise as many of them as possible.
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Even the trading gurus that makes thousands of dollars on a daily basis from trading knows that there is absolutely no way to trade without losing anything because losing is part of the game, there are just bad days sometimes and you are bound to encounter them occassionally, but one of the things you should always avoid as a trader is greediness, FOMO and learn when to exit a trade even when you haven't hit your target in it yet.
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In my country, the police do not care about Cryptocurrencies because there are no laws that supports or declares it illegal, so when someone is caught and they find out that the person is a Cryptocurrency Enthusiasts, they would just check to make sure the person is not participating in illegal activities online and if the person checks out, then they let them go, I hope my country's Government wakes up to the fact that other countries are taking this very serious and jump on the bandwagon before it's too late.
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If we were suddenly to start a bank of Cryptocurrencies where you have to get someone's approval to withdraw your own money, then why was Cryptocurrencies introduced in the first place if we could just continue what we were doing with Banks before Cryptocurrencies were invented, this idea doesn't make any sense to me at all because it totally defeats the fundamentals of decentralisation that Blockchain is built upon.
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KuCoin has launched margin trading after months of deliberation and uncertainty to better meet the trading needs of their users.
Who would say they didn't expect the launch of Margin trading from Kucoin? When Binance launched IEOs, after much deliberation a, Kucoin launched theirs too, when Binance changed the rules to holding BNB, after much deliberation, Kucoin decided to change the rules too, and when Binance launched Margin trading now, as usual after much deliberation, Kucoin decided to launch it too, it wouldn't come as a surprise to me if they suddenly launch fiat trading now just like Binance since they are no longer hiding the fact that they are cloning every of their moves.
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Recently there was a group created specifically just to show people the failures of others I'm the Cryptocurrency space, this channel is dedicated to forwarding sob stories from people all over the world who has made the wrong investments, this group helps me to avoid the FOMO disease by constantly reminding me about what the others who has FOMOed in the past are really going through and I have to admit that if you are in that channel and you cannot avoid FOMO, then nothing would ever make you change and learn to do extensive research before investing anywhere, the name of the channel is Rekt Plebs.
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For every genuine app on playstore, there are 10 fake apps whose main aim is to steal your personal information and use it to steal your funds and this is so be sure anybody could make any application or a rip-off and has it in playstore in no time if they know the neccessary steps, one of the highest ways people's wallet private keys gets stolen is through these malicious apps especially newbies who don't know the good apps to download and the ones to a kid, you would see that some of these apps do not even have a name, you would see a bitcoin wallet called "Bitcoin Wallet" so that newbies would just search for wallets and it would pop up. We LAL have to be wary of such wallets.
There was a recent event where a Nigerian wallet provider was compromised and the users lost over $1,000,000 in funds stored there, this wouldn't be the case if it was a completely decentralised wallet, people should always be wary where they put their funds, always DYOR and be careful of new wallets.
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