It seems to me that the most promising coins at the moment are NEO, Tron and Omni. They have prospects, but so far the situation on the market is very tense.
Speaking of the truth the most intense coin right now is XRP that almost overtake the market capitalisation of ETH, people are always talking about XRP because the project itself showing something that most of the people favoured. |
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I would treat a celebrity endorsement as a negative. It has been my experience that when a project goes out to seek celebrity endorsements that project almost always ends up being a scam. I look for endorsement by knowledgeable and successful people within the cryptocurrency industry, not athletes or movie stars who know nothing and are just there to attract unknowledgeable investors into parting with their money.
If that's true I think the more the project being exposed a higher chance it will exposed to people and that project will eventually being found out its weaknesses, In my opinion also celebrity endorsement is the most useless thing, the one who endorse know nothing and the project didnt aim the right audience, the entire thing is just ridiculous. |
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Still the governing bodies did't gave a notifications and had banned institutions/banks from participating in trade involving crypto.We all know crypto is still in its early phase,we have came only 10 years after bitcoin first came into existence so there is still a long way to go.Though p2p trades are being carried out and it will be like that only until any notifications or regulations comes around.Many countries have already adapted to crypto and are very crypto friendly nation supporting blockchain technology.The only problem lies here is mass adoption,once the mass adoption starts things are definitely going to change for good.Still it is considered as mere asset.
Not really "many" though most of the country that are crypto friendly toward bitcoin is either a well developed country that has advanced its technology into its peak of the time being or a country that can't rely too much to its local traditional currency resulting the citizen to forcefully moving into a better option of wealth saving. |
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Because of these ICO's, we all know that 95% of ICO's are running on the Ethereum Blockchain, ERC20 and people are concerned about what is happening in Ethereum price, community etc, Ethereum is like the bridge of these ICO's that's why people are talking about Ethereum everyday also there are Dapps running on Ethereum that are really a good Dapps.
Ethereum community is really big thanks to those project that deploying their token under ethereum blockchain contributing huge amount of people they bring to support the development or activity of ethereum community due to their marketing which is mainly purposed for their initial coin offering but ended up giving benefit to the whole ethereum community aswell. |
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I have not seen Monero have any advantage enough to beat Bitcoin, look at what the Monero team did. I admit that this is a good coin with the things that it originally targeted was an anonymous coin. However, it is far from comparable to Bitcoin,
This coin will hardly be adopted as a means of payment when it comes to general online transaction meanwhile bitcoin is slowly being adopted means a more stable market will eventually become what bitcoin is while monero will stay so unstable mainly because the intransparency that sometimes could become an advantage and disadvantage |
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Actually stablecoin is controlled by one entity and that is the company itself that issued the stablecoin and have the backed up asset behind that stablecoin whether it's USD or any other currency or even gold.
If it's not intervened by that one entity then it won't become stablecoin, simple as that.
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It is obvious, market supply and demand is not constant, so you have to understand right this aspect.
Prices are extremely volatile in crypto
Gold is also based on supply and demand too and it have stable price, I think that's mainly because the truth that gold already have really mature market. the participates in the market also so many and it's from the whole planet build up the gold market.If bitcoin market could mature that way it could become stable |
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Some ICO project are outrightly Scam while other ICO failure can be attributed to poor team management on their path and some are not really ready for an ICO before they did the ICO, because of the lack of a product or working prototype.
As I can see most of the time it is a poor team management, some ICO just want to gather money and then give no attention to the project they are working on since money is the first thing they aimed, meanwhile there's ICO that's successfully launch their final product driving their project to be one of the most promising project ever since |
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I recall that primalbase token at the early stage surpasses bitcoin price, why? probably because the initial price was set to be high but however it seems the community have forgotten this coin, now only left a half of value and the volume is shrinking.
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Some sites, for example, I don't trust icobench or icoreview, because they have several accusations of scam against them, although I don't consider it as a scam in itself, they simply have a kind of premium service, where they speak well of an ICO without doing the proper investigation, that seems quite suspicious to me, so for my ratings I only trust icodrop for now.
That's already becoming the norm around ico review site with the fact that they will talk good for those who pay and want it to be that way. The main reason of why they created that website is this and no other purpose. |
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This year, almost 99 percent of the ICO is slag, since either these 99 percent are fraudulent ICO, or weak and useless projects that conduct their ICO for some unknown purposes.
It should be less than 99% consider about a few thousands coin in total and there was hundreds coin that still active. remember 80% from top 100 CMC have been created their icos. It will be around 90% i guess. |
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Right now it is very risky to invest in any ICO, so if you have to be a little bit sure of the ICO because it is so scary this days.
I have been listening for last half year how it is right now risky to invest in ICO, investing in ICO has always been high risk investment. It was very risky to invest in ICO last year too, but ICO's were hyped and everyone was investing because of FOMO. When you can't determine which is the ico that gets a lot of hype and speculators and then you should not try to invest on it. Becareful with this one because that will have a very important connection with your funds. That depends on the project itself dude. |
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A lot of bounty hunters ask the bounty manager and the team of the project if kyc needed or not.
Why they ask about that?
Do you think it is good for projects and for bounty hunters to implement KYC.
What is the advantage of KYC for both.
I like to know from all and thank you in advance.
Because even most of them have filled KYC requirements and they can get nothing as per the result of their works. In fact that KYC needs a lot of requirements and sometimes there was a chance to the project that they have already participated to become a scam project and this will put their data on the risk. |
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Oh my god, i thought KYC and submission of passport is a legal move for some ICO to determined the real users, but i never think that they will use our identity for some other use, maybe i should be careful enough when submitting this details, many ICO have i passed this documents.
There's legit ones and the fake ones, it's always the same thing since ancient time, some people just cant get their mind right and instead ruin the society, same thing goes for ICO or aidrop. Especially airdrop, just think about it, why do you think they are handing the free coins for? |
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Will cryptocurrencies continue their downfall or enter a trend reversal? What is your chart study and identified key indicator.
they cannot be predicted correctly, depending on the current market conditions, we know that the market does not experience much movement at this time, so the price of coins remains in place The main coin that called bitcoin doesn't get any movements and that means whole of crypto will stay on this rate. Speculation can't be trusted consider about a lot of experts are fail to speculating the future of bitcoin and crypto. The trend is an only important thing right now. |
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Hey guys bitcoin just hit $8000 do you think it will still go down to $600 or it will continue to rise?.
Please what's your take on this?
Just be patient and soon this will rise above our expectations, I don't think that this will go down lower than $1000 as we know that many investors had still holding this coin. Although it's unpredictable market and the price can swing in up or down but expect a better price coming this month. In every situation it has its solution we all know that it really needs to be patient at all times because it cannot guarantee us that it would be success nor failed but get into the situation that everything will polished and success is near to come along the way. ETF, BAKKT, LN, and all of these things have not yet done. Patience and you will never try to recover your money that lost due to the baerish trend. To say about it would be a success or failed is a crap thing right now. Just wanna generate more and more money as much as possible. |
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How do you feel about long-term investment? Do you see the priorities in this? What do you think is the reason for this? Where to invest in your opinion?
I'm not only a bounty hunter but also a investor. I have bunch of tokens for hold in a long-term and waiting for the projects to deliver the roadmap and wait for the tokens to have more value in the future. Long term investment is not for everyone and if you are into it you need to have goals and lots of patience. investing is a good part of cryptocurrency sphere but actuallybinthibk that you may find others interesting as well Lol you guys must have learned how to invest in the crypto. It might better to buy that on the exchange site if that coin will be getting a huge dump from the pre-sale investors. This looks the best thing to do right now consider about the fact that so many coins were being dumped. |
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I think that the market can certainly have an impact on projects. Many of them do not want to fail and postpone the ICO. Sometimes it is simply unprofitable and the decision to postpone the IPO may be the only right decision.
Most of the time it's lack of fund they raise in ICO that causes them to postpone ICO. They simply want suifficient funds to continue the project otherwise it's too hard for them to do since they want to do as planned since the beginning. It's dissapointing but can be understandable |
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No. It won't happen. Cryptocurrency is exclusive for online transaction how could we make transaction for offline? So we still need cash. Cryptocurrency and cash are both needed for this modern world. Cryptocurrency could replace cash for other instances but not for all.
Technology will develop to the point where internet could cover the entire world even theres rumour that elon musk planning to release internet network through satellity, the future earth will definitely be covered in internet network everywhere. |
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Actually we will have hundreds of thousands of ICO that will listing on CMC in the next few months and years. So be more attentive on this one. Coz more companies will create their token to incentivize by using the blockchain technology.
Pretty much like stock, everyone are trying to do IPO while most of them im sure will be failed because it's natural selection. ICO is no different, people would eventually realize that ICO is no different than IPO in term of crowdfunding. |
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