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To be exact, I do not know what coins in the market are being used for. Regarding your question, I think bitcoin is the old coin and due to its legacy in the crypto space, it has a place in this space. People find it a right place to invest in bitcoin instead of reputed and potential altcoins. And bitcoin is not disappointing investors as well.
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This will not happen in the nearest future. However, governments are positive about digital currency as some countries have already jumped into the idea of creating their own digital currency. But I wonder what to do with the coins in the market if governments issue their own digital currency? I think most of the coins in the market will disappear once this happens.
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Good article to read. But there are some potential coins missing. They are the king coin bitcoin, ethereum, bittorrent and ripple. I think cosmos and binance coins are also the best pick as specified in the article. There is no doubt that bitcoin will skyrocket in price before its upcoming halving. I am optimistic about these coins soaring.
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I also believe the same. There is no doubt bitcoin will increase in price to above $15000 before its upcoming halving. As bitcoin is increasing in price lately, we can say that there comes the time for the crypto bull run. So I think it is the perfect time to buy bitcoin and other noted coins like Ethereum and Binance coin.
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Yes you are right. Good crypto projects generally do not launch bounty programmes. Only average or shit crypto projects do it I think. Talking about how much bounty hunters have earned through bounty campaigns, we are rich only on spreadsheet. I have not earned not more than 200 dollars since I joined bounty campaigns four years ago. What a handsome earning!!!
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For me, IEO and ICO are not much different. They are similar in collecting money to fund idea. IEO is just an advanced mode of collecting money and it claims to provide investment security more than ICO. But talking about investment security, there are crypto projects launching IEO on exchanges are running away under different pretexts.
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The bad thing about your story is that you sold your house just to invest in cryptocurrency. You know cryptocurrency is just like a gambling and it is not a wise idea to sell whatever you have for it. The good part is you have a good portfolio of coins. I would add ETH and Bitcoin on the top if I were you.
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Why people are inclined to the hype of ripple? Price of ripple is dragged thus far just due to a hype. There are many good and genuine investment coins out there in the market other than Bitcoin. For example, Binance Coin, Ethereum are the best investment opportunity.
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I think the number of new bounty projects are decreasing over time as the people are losing their interest in it just because of the crash of the crypto market at present. Obviously there is a little number of scam projects when whole crypto projects are decreasing. But there are still scam projects on the lookout for potential investors. Be aware.
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I have been following Bitwings project since the very beginning. The team is strong and its events and campaigns are promising. It has launched bitwing mobile which it claims mine up to two ethereum a month for the first two year's contract period. But its worst part is it has chosen P2PB2B, which is reportedly a bad exchange. Lets hope it will be listed on other reputed exchanges.
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I do not think quitting bounty campaign is a solution to this matter. We all know that most of bounty projects have failed lately no matter they are genuine and technologically advanced. I think it is because of the people are losing their interest in cryptocurrency lately. And another problem is listing on bad exchanges is another cause of a crypto project crashing.
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I think stable coin is the best option to store your money as fame of cryptocurrency is getting an attention. But if you want to trade in the cryptocurrency with the money you have, you can do it with bitcoin. Bitcoin is the best investment opportunity other than altcoins. So you can restore your money in any good stable coin.
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Who tell that scammers do not have strong team and innovative technologies and ideas (no matter if they are fake)? You are 101 percent right on this topic. Scammers are well aware of the tactics to operate the crypto market. Nowadays, they are aware enough not to give a big promise or allocate hefty amount of bounty pools, something to be offered by scammers.
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The interesting fact is the level of mass adoption of cryptocurrency is higher than in the past, but the people have started losing their interest in it. But I do not know why this thing is happening? I think this is happening because of cryptocurrency experiencing a crash in the market. I hope this will recover and the market will get better.
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I think issuing a large amount of tokens and burning them gradually is a business strategy to attract as many as investors. In business theory, when there is high in demand and supply is limited, price increases. So will apply to cryptocurrency. Crypto projects are meant to burn their tokens just to ensure supply is limited and demand increase, thus increasing its price.
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Ethereum and BNB will be the hottest coins ever. Ethereum is highly likely to surge following its upgradation (0.2) in 2020, it is predicted. It means ethereum is upgradating to level up with bitcoin. Similarly, BNB is the king coin of exchanges. Its announcement to work with remittances is also a good move. Lets see what will come.
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Your decision to go for bitcoin leaving behind altcoins is very good. In fact, this move of yours will get you to a position where you will get more profits in the coming days as bitcoin halving is coming in. I think bitcoin will reach somewhere between $15000 and $16000 in the next three or four months. So buying bitcoin at present is very much good step.
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This news is good for all crypto enthusiasts and investors and all those who love cryptocurrency. I believe this encouraging statement relating to cryptocurrency by Pakistan's Prime Minister is a good move in providing Pakistani people with the benefits of cryptocurrency. I also believe cryptocurrency will help the people of Pakistan.
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