I think that binance new partnership with compliance companies is a welcomed development, as it would build trust and confidence amongst investors in cryptosphere. It will also go a long way in helping the government fight money laundering crimes , and all such activities.
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I think that after binance and kucoin coin that the next good exchange coin is huobi . I said this because huobi is a good exchange and it's coin seems to be undervalued right now.
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That is correct. I noted this during a dicoursewith my crypto friends. I told them after that binance held it's first launch pad that the IEO model is far from being transparent. If you look further,you will find out to your amazement that it's mostly the project team and the exchange team that are buying bulk of the tokens.
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Bull run is expected after the market surge of 2017. But definitely not the time of bull run seen these days that is always short-lived. Yes to your question, bull run will surely Happen but no one knows when exactly as cryptocurrency market is highly unpredictable.
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Yes you are correct. I have experienced this too . It happened when I newly joined cryptosphere. I allowed greed to take over and it resulted to me making some critical decisions on emotions and I lost . We should all shun greed if we must succeed in cryptocurrency space. To do this effectively, it starts from programming our mindsets
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I don understand how you come about your projections but I Know that many good altcoins are relatively very cheap now and so it would make logical sense to buy some and hold pending when market recovers.
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When the factors surrounding the present stable coins like tether are critically examined , you will understand why some crypto enthusiasts are calling for the creation of more stable coins. It is estimated that the daily market volume off tether alone is in billions if this is not a pointer to the fact that more stable coins are needed , I don't know what is. Again, there are some transparency issues with tether , more stable coins are needed to improve upon these areas.
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There are different ways of differentiating between good and bad projects by different people. Personally, any project that the team members are inexperienced coupled with the fact that the project does not have a working product , and not in any way contributing to foster blockchain adoption is a a bad projects for me.
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Yes you are right. Some team members of a project seem to just want to see what they can grab from the cryptocurrency market and have no intention of further developing their projects. The resultant effect is worthless coins.
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Yes of course ,it's very possible for new projects to compete favorably with already established projects. There are projects whose aim was to improve upon some of the key technologies of Bloc for the purpose of driving adoption, but unfortunately, their proposed solution isn't sufficient to improve upon these technologies effectively. So technically, a new coin might want to introduce so e itger cutting edge technologies and leverage on the solutions already proposed by project A to bring about a desired solution. It depends.
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The fact is that bounty actually paid prior to the market surge of 2017. So many shunned job offers and depended solely on bounties. But reverse is the case these days, reason why I agree that people should have a job and do bounties as a side hustle. Hopefully bounties will become as profitable as it was initially soon.
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The article is far from addressing the Nigeria situation hollistically. It talked about bitcoin adoption in Africa which is a very congent topic considering we all are looking forward to mainstream adoption of blockchain.
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Although I agree that most of the new projects being churned out these days are scam projects and some worthless tokens. But there are some also that are of great value to the blockchain. New projects that can add value and improve upon the various key technologies of the blockchain are needed .
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The shit coins that i hace presently in my wallet address are mostly gotten from Airdrops an$ bounties. I got some aldo because of greed. I coul have sell when the price was reasonable but instead I decided to keep holding with the hope of increase in price which never happened.
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Yes , bitcoin price prediction does not always come true most of the time. The cryptocurrency Market is highly unpredictable ,so predicting bitcoin price accurately is hard . I used to follow some paint signal telegram channels till my hands got burnt , ever since then....I don't trust price prediction.
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I believe when we talk about regulation of bitcoin, we are talking about regulation of the whole cryptocurrency structure and not only about price stability as insinuated. Icos can be regulated. Cryptocurrency exchanges can also be regulated. So it's not all about price.
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I do not believe that bitcoin is immune to hack . Again,once one losses funds to hackers , the wallet address where the funds was transferred can be tracked but the funds cannot be recovered because there's no way of tracking the hacker.
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Some greedy people can do anything for money even when it means defrauding others of their hard earned moneies through fake icos. And some of these scam icos come well packed and covering all bases that it would take an extra invesgative effort to know the project is scam.
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I believe the major hurdle is the issue of security and volatility. Volatility constitutes a turn off to potential Cryptocurrency/bitcoin investors. Also the security issue whereby anyone can view ones transaction history on the blockchain is also a huge hurdle of bitcoin.
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I agree in totality that our destiny's in our hands..we are the only ones who have the power to change or choose where we want to be in the future of Cryptocurrency even I our real lives. So we should live our life and take steps that is bringing us closer to our dreams.
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