Worldcore is my opinion, they have a successful product, and have a real business plan. The team behind it is also legitimate, and they have won many fintech awards.
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It's a small world with cryptos, who you have backing you seems to be the largest influencing factor. For example, Tezos and Tim Draper, or any coin that Blockchain Capital invests in. Something else is how many conferences the team goes to (Civic attends every conference!) having a nice website, with a great team also helps.
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I've seen them promoting Swarm Coin at numerous conferences including Go Block Con in Los Angeles. The problem is no matter how often I visit the website I still can't figure out exactly what it is that they do. The same applies to the whitepaper.
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It started off as a joke coin, and it will continue to be a joke coin. How it is worth as much as it is, is quite shocking, but they have no long-term growth plan, and I don't know why anyone would invest in this with all of the legit competition out there.
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You are wasting your time emailing Poloniex support, they do not respond to emails, and the customer support is non-existent. At best if they do respond the wait time is on average 30 to 60 days.
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It means that if you managed to pick the right ICO, and you allowed your funds to grow that yes your coins would be valued that highly. That being said probably less than 10% of ICOs are from legitimate companies, and maybe 1% have a hope in hell as they have a good team behind it, and a real-world business plan versus a whitepaper that they paid someone on fiverr to write.
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The problem with most new ICOs is a lack of a real-world product. They all give you the same blurb about being decentalized and how they are revolutionary and going to change the world, yet they do not have a useful product, and if they do, there's no legitimate business plan on how they will take over the world. Most don't even allocate a proper marketing budget outside of marketing to raise money for the ICO.
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I hope you're right as so far the coin has been underperforming, but it is difficult to know what is really happening in China unless one is there in person. The fundamentals for the coins seem legit.
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I personally think people are only shilling. Vertcoin has nothing differentiating it, and after this many years has now meaningfully penetrated the market in any shape or form. If this was a real-world business it would be worth nothing based on how little progress they have made. Yes the price can swing up or down based on whatever pumping its experiencing.
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Worse one i have seen so far is SparkleCoin this is a scam and is easy to spot from a mile away. The owners contradict themselves with everything they have to say. It's a diamond backed coin but they haven't bought diamonds yet, and they can't tell you what jurisdiction they will store them in.
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To keep this list short I will try to keep it to 3 coins.
Waves - Most likely competitor to Ethereum. MTL - This looks promising and if it succeeds it could hit the moon, I do have some concerns about the business model but not enough to sell. OMG - Same reasons as stated above.
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Looking at the list of ICOs in the screenshot... if you see anything backed by gold or diamonds it's a scam and run away. Don't assume that anyone on here is who they say they are, a lot of scammers, and dodgy marketers. Trust your gut, do not let anyone convince you to invest in the next sure thing.
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It's promising but you really have to do your homework. A lot of scams out there, you can't rely on anything that you see advertised on Google Adwords or Redit for example. In the future much more research will need to be taken, with an increase number of ICOs the market will not be able to make every scam succeed like is currently happening.
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Finance is a given, followed by health. I'm thinking down the road we might see security, for example tracking the sale of all weapons on the blockchain in order to ensure that no crazy is stockpiling weapons.
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Not everything should be decentralized. All of the decentralized exchanges I have used so far have horrible interfaces and are not a pleasant experience.
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Unfortunately no, it is difficult to get any type of bounty as a newby. For easy bounties you could sign up for Facebook/Twitter campaigns.
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Myetherwallet can automatically receive and distribute any coin on the Ethereum network using smart contracts. If you use an exchange and the coins are sent to the exchange, odds are some of those exchanges will not list that specific coin, and/or the process needs to be done manually.
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I would say around 90% of coins are overvalued, especially anything that claims it is using machine learning as most of these are scams. Some other ones that come to mind... namecoin, pepecash, peercoin, etc.
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I think there is room for a disruptive start-up to replace Steem. I tested out steem and to me the entire platform felt dated, comparable to geocities back in the day. The software needs to be updated and it needs to be more user friendly. After trying it out there is clearly no one who would use it outside of trying to get free coins.
A disruptive new network would be exciting to use, and the coins would be a bonus, not the exclusive motive for using the platform. Therefore I believe there is space for some new entrant to replace them.
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I remember when OKcash had a market value of $600,000. I regret selling my coins as I had around 1% of the coins!
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