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An unprofessional move by Bitmax. It doesn't mean it's a scam but anything that acts in such way to it's users can't be trusted for.
Their own statements are misleading and they are not even clear about where they're heading. A good company should be responsible for it's actions.
Such are the things that leads to demise of a growing exchange.
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IEO is just a different naming than ICO. Binance being a trusted exchange has some creditability among users that is helping it to sell of it's partner ICOs. But they too clearly state that the risk of investment is same. i.e. Binance would not be responsible for anything regarding the project though people would surely relate the projects to Binance. As the number of project on it's platform increase, so would decrease the number of active projects leading to defaming of the Binance platform.
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With the success of DASH, everyone intended to make a POS coins and it was followed by insane promises of high ROI. Thought the algorithm provided the promised ROI in number of coins. The deflation often results in lower price. That is one of the reasons why newer POS failed.
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I have very little complaints about my choices of exchange. The only cons I find about them is the number of tokens listed and withdrawal fees.
Good exchanges are selective on listing tokens which misses the interest of traders to grab a promising coin at good price. And the withdrawal fees makes it difficult to make inter exchange trading possible.
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Proof of joined post
Bitcointalk username: Tipstar
Campaign in which you participate: Signature Campaign
ETH address: 0xcb5bEF1b11ab64EbA437a6c232571C26154176B3
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With the nature of crypto and crypto transactions, it's nearly impossible to save it from manipulations by any individuals or company.
The only solution is self awareness of every investors. Investors could use the change in price for profit but never fall for an artificial move.
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Yes, the name Binance is trusted enough for people to jump into any ICOs they prefer.
And Binance also have stated that they only feature an ICO after they had done a proper research about the project and the team. Bringing in the best ICOs to the users at ease.
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Yes it's completely legit but you are not going to make any good profit unless you automatize the process. The transaction fees, withdrawal fees, changing price as well as transacting time are going to affect your calculations. But if you start with a large liquidity and do it regularly than you would have a net positive profit.
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If you look closely, every economic sectors have a bubble period between a long normal period.
They are true to some extent as we might or might not be able to see similar bubble within the next 10 years which is a lot when we are talking about the infant crypto market.
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Microtransactions are already popular around the world. Most of the people are shopping online, ordering for products and services through their smartphones.
And the sector is not led by cryptocurrencies but with the bank linked payment gateways.
Blockchain has an advantage when it comes to the Internet of things but again they can be simultaneously linked with the already prevailing payment systems.
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If you've got hundreds of tokens than a smart contract can be a good way to achieve it. But again if you are already transferring everything than what's the use of making a new wallet. So, the best way still is to manually transfer the tokens you need to a designated wallet.
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Working yields, luck favors but it's your decisions that pays.
Hard workers are never the high earners but a smart thinkers are.
You should be able to get out of the flow and try something newer and out of the box in order to succeed.
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IOT is the future of technology. For a combined ecosystem, no independent startup singly be able to achieve that feat.
If any one that can successfully implement blockchain in IOT with their range of hardware and software are the large tech companies.
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Masternodes has been a ponzi and a exit scam since 2017 and is continued.
After the relative success of DASH masternode, people all jumped into masternode and many coins offering a paid masternode made easy profits by selling masternodes that yielded no profit to the users. And a lot of variation of it are now in work.
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Bitcoin SV is a fork of bitcoincash, they initially tried to compete with BCH for the ticker BCH but they failed.
They do have a good community and a number of miners working towards creating a better coin.
They are obviously one of the most successful of recent time.
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It would be better to test everything before implementing any new forks. Any devastating errors would put the development backwards. We have seen how unplanned EOS shift had caused problems in their blockchain. Ethereum developers should try to avoid any such critical issues or loopholes that can be exploited by anyone.
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I cant believe that this person sent 0.1 Ether with 2,100 Ether transaction fee. I am pretty sure that this person is crying out right now and just shaking his / her head repeatedly. What will you do if this happens to you? How will you comfort your self at a time like this? 2,100 Ethereum for transaction fee really is a big amount and unfair on that person but a mistake was already made. I hope that he can contact the miner who processed that transaction for reimbursement which is I think possible. Look on the reference below. https://etherscan.io/tx/0x1f73b43dc9c48cc131a931fac7095de9e5eba0c5184ec0c5c5f1f32efa2a6babI have seen this problem since 10 days ago. And I believe this is just a small incident from someone. No one is stupid enough to adjust gas fees like that Yes it's not a default fees. Someone did intentionally changed there are no way a person would be confused between sending amount and transaction fees. It could be some sort of experiment or some miners practicing their preciseness in selecting the block. |
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Risk should be taken as there is no fun in going with the flow.
But risk should be a calculated one. You can't just bet your life on a thing, literally. Nothing is worth your life or even the earning of your life.
Calculate, predict and diversify your risks. So that you may win one even if you lost everything.
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I'm a proud investor of Tron and I think everyone should have Tron in their portfolio.
It is a new technology utility token which has a lot of improvements from its immediate competitor and has a good fan following.
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The only reason why the centralized exchanges are already existing is dex are in their early stages now. Their UI not user friendly, no proper knowledge to users and the users using them are very low. The privacy issues and security issues are enough for centralized exchanges to be dumped for good.
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