The presence of bitcoin does not render useless altoquin. Bitcoin and the main mass of altcoyins have completely different tasks. Bitcoin is a universal coin and is not able to perform those specific tasks that the tokens created during ICO perform.
|
|
|
I do not think that this is possible. There is no reason for the ethereum to fall to $ 400 in its price. Now the crypto currency market should finally revive and start growing, with it will go into growth and ethereum as one of the most promising and reliable coins. Ethereum performs many useful functions among the crypto currency and is the most in demand today.
|
|
|
Of course, tokens are now quite a lot. Many of them are really empty and have no value. However, I do not think that this is a problem for society. Unnecessary tokens will be swept away by the market. If we want to develop a crypto currency without centralized regulation, we must allow any tokens to appear, both necessary and useless. There is no other way to fully develop the crypto currency.
|
|
|
It seems that with the beginning of March there will be a season not only of bitcoin, but also of altkoins. Already, bitcoin has a rate of more than 11,000 dollars and I hope that it will continue to grow after the release a week ago of a new version of bitcoin, which allows to eliminate all the shortcomings in it. If bitcoin starts to increase in price, then altcoins will also immediately grow after him. There can not be a crypto currency so long to be in decline.
|
|
|
In some campaigns, ICO really deceives the participants in the signature campaign. Parts change the rules of the campaign, if they see that participants can earn a lot of profit, this amount changes to a much smaller amount. However, the most common and often occurring deception is that, after the completion of the ICO, campaign participants begin to require signatures to perform various actions, which are called the requirement to pay tokens. In this case, you need to go to different sites, register there and perform various actions, which are sometimes simply incomprehensible or something you can not find. It's just a nightmare. Especially if the bad Internet and constantly throws from the page, or it just hangs. As a result, all the required can not be performed and the tokens are not paid.
|
|
|
In my country, the tax on income received from operations with crypto currency has not yet been introduced, so I do not deal with this problem. However, I think that there will be some amount in the income that will not be taxed. It seems to me that I will not have much turnover for taxation.
|
|
|
Soon the next revival of the crypto-currency market will begin soon after a two-month stagnation. We received good news from bitcoin about the release of its new version, which allows eliminating all the shortcomings in it and therefore bitcoin has no more barriers to growth. Near bitcoin, almost all digital coins will be raised, including ripple. Since ripple has already reached the rate of 3 dollars, this mark must pass without delay.
|
|
|
I also think that in the first days of March the crypto currency will rise and the crypto-currency market will start to grow. I just hope for a new version of Bitcoin 0.16.0, which will return bitcoin to its popularity and increase the demand for it. I also think that the release of a new version of bitcoin is coordinated with large whales and after a two-month stagnation everything will finally come to life.
|
|
|
It's good that there are so many campaigns of generosity, there is the possibility of a good choice. First of all, I look at the direction of the activity, which is laid in the ICO project. Projects are simply petty and ridiculous. It is clear in advance that they will not succeed. Of course, I look at the team. If the team is most Russian, I try not to join the ICO. I also look at the previous preparatory activities for the phased implementation of such a project. If the preparation is long and solid, then the project promises to be good. I monitor the prospect of growth of the released token, it is very important if you are going to keep it for a long time until the project is fully implemented and you get a good profit.
|
|
|
So I basically got fomoed. Towards the end of 2017 I saw how high bitcoin skyrocketed and decided to invest in ripple as a test. Less than one week it went up 3x. This made me more ballsy and I put in 11k total in various other alt coins like ripple, ethos, tron, and cardano. After the crash I lost about half of my value just like that. I am frustrated with the experience and wish I would have just put in 1k or something. I wish I could just not invested and went into what I was doing earlier which was just investing the boring and traditional way. Should I wait and hodl or pull out and do something else?
I think that there is no reason for panic. You have not lost anything yet. The decrease in the rate of altcoyins is a common thing, which happens periodically and regularly. Until you make a fool and sell your coins at a low price, you have not lost anything yet. In principle, the coins you named are generally good for investment. Therefore, it is just necessary to wait a little for their growth. And it did not take long to wait. Since yesterday, a new version of Bitcoin has been released - 0.16.0, which fully supports SegWit, which will completely eliminate all existing shortcomings of bitcoin, and therefore within a few days it will begin to increase rapidly in price. For bitcoin, the cost of almost all altcoyins will increase. I think that in a few months your coins will bring you a good profit.
|
|
|
I think there is a mixture of both good and some bad ICOs and some that are scams. it is the same in any ecosystem. The best thing is to just do some research and take your time before investing into an ICO.
Any conduct of an ICO is legal until it is found to be illegal. Over the past year, of the 902 ICO campaigns conducted, only about 31 percent have been fraudulent, although just about 60 percent have not achieved success. Therefore, the situation with the ICO is not so bad. I believe that ICO as a whole is very necessary, since it enables the development of the Crypto-currency and improve it.
|
|
|
The sense of carrying out the KYC check is to prevent the money obtained by criminal means from investing. Participants in the generosity campaign do not invest in ICO projects. They are only engaged in advertising these projects, so that ICO can find its investors. At this forum everyone has the right to be anonymous. If a company wants to weed out signers with multiple accounts, it is not necessary to require identification data and copies of passports. To do this, it is sufficient to ask for initial registration of your mailing addresses and the name of the telegrams and check them for validity. This will greatly complicate the use of multiple accounts. On the other hand, the required data according to KYC can be sent fictitious with a foreign copy of the passport. So checking KYC vseravno does not give a hundred percent guarantee from the use of multi-accounts. But the damage to the anonymity of members of the forum it brings.
|
|
|
There are ICO projects that offer large discounts first, and the appearance of tokens of such projects in the market they first slightly fall in price due to the increase in supply, but they quickly gain their value. For such projects, it is still better to buy their tokens in the first days of their sale even at the project stage. Some tokens fall sharply in price as soon as they get to the market and buy them best on the stock exchange. However, almost no one can say unambiguously which project will be successful, and which one is not. If you are confident in the project, then it is better to invest at the stage of ICO, and if there is no certainty, then it is better to expect their appearance on the stock exchange.
|
|
|
In general, fraudulent ICO projects, failed projects and projects for which tokens have already been issued, but for which companies do not work, is no more than 60 percent. In principle, this is not such a big figure, given the easy availability of such projects for everyone. However, this in turn means that about 40 percent of ICO projects after the release of tokens continue to work successfully. Even if half of them are successful, that is 20 percent, this is about 180 new good coins that will have the right to exist and develop. This is generally quite good, because that's how the crypto currency can grow and develop.
|
|
|
If the conduct of KYC concerns investors, we can still agree here. They invest their money and this, ostensibly, is connected with preventing money laundering. But why ask for identification data and copies of passports for signatory campaign participants who do not invest their money in the ICO, but only, in fact, advertise it? I believe that everyone on this forum has the right to be anonymous.
In addition, the ICO team is practically committing fraud, that is, by deception, it does not pay earned tokens when it begins to demand such data and copies of documents after the ICO is completed by the signatory campaign participants. The meaning of holding KYC is lost. ICO team can be anonymous, but you need to provide documents to receive earned tokens. Where is the logic? And the logic is that if the forum participant does not want to provide his data and copies of the requested documents, he loses the right to receive earned tokens. How then do they act with these tokens? Are the token allocated to the campaign participants for the signatures to go to them? No, in this case they are assigned by the ICO command because by this time tokens have already been counted and are no longer redistributed. This is true?
|
|
|
In any case, this year, the Crypto currency will grow in its price, and fall. However, in general, it should grow substantially in its value. Constantly grow in price, it can not, as it can not constantly fall. Therefore, the ups and downs alternate. This is the only way for the growth of the Crypto-currency due to its high volatility.
|
|
|
Now the most common fraud among the ICO companies is not to pay the participants of the campaign the generosity of the tokens they have earned. To do this, after the ICO campaign is completed, they begin to demand that they pass the procedure for claiming their earned tokens and at the same time come up with such multi-pass options, switching from one page to another, which sometimes turns out to be impossible technically. Another method of fraud is the requirement after ICO to conduct a KYC check for something, requiring identification data and copies of passports and if the signatory does not agree to provide such data and copies of passports, they simply do not pay the earned tokens and these tokens are assigned.
|
|
|
Now ICO campaigns actually use KYC for fraud, demanding to pass the KYC test in the campaigners of generosity, in particular, those who participate in signature campaigns in this forum. Fraud primarily consists in the fact that such campaigns do not warn that they will require identification data and copies of passports before joining the signature campaign so that people have the right to choose. I think that in this case few would dare to join such a campaign. They begin to demand that such verification be done for something in the signatories after the completion of the ICO. This is meaningless doubly because the signatory campaign participants do not invest their money in the ICO. Therefore, there is no sense in requiring additional data and copies of passports. This is done almost for the purpose of non-payment of earned tokens. This behavior is completely fraught with signs of fraud.
|
|
|
I do not deny the fact that investing in ICO has certain risks for investors, but I can argue that talking about significant cases of fraud among companies conducting ICO is too exaggerated. With a good study of the project and the members of the ICO team, the risk will be minimal, although it will not be possible to completely eliminate it altogether. So I'm inclined to think that investing in ICO is moderately risky and very profitable.
|
|
|
You can fully dedicate yourself to the crypto currency only if you have certain knowledge in this field, practical skills for this and for a certain time of a livelihood, since the crypto currency usually does not bring quick income. However, vseravno, it is necessary to weigh all the circumstances before deciding to deal only with the crypto currency and receive income only from it.
|
|
|
|