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With cryptocurrency, you have to be careful with any fraud and theft. and usually many people who are caught in the losses in the world of crypto is:
1. Not Backup Key
2. Electricity Billing Mining More
3. Lunes In Phishing Sites
4. Buy Coin With Rumors
5. Create a weak password
6. Steal With Stealth ICO
With cryptocurrency, no bank or other institution or regulation will protect you in the event of a loss.
This are very common things that can happen to people in cryptocurrency. A lot of people have lost all they have as a result of wallets hacking. Some have also thrown away caution by investing all they have in a failed project. You just need to be careful in this crypto space. Else, you just go bankrupt. |
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Today there are many different bounty projects. Time for projects is also different. According to you, how many time the most appropriate for a bounty project?
On the average, a bounty project shouldn't exceed 8 weeks. But we have often seen situations whereby a project will last as long as 20 weeks, to me, that is extremely too long. |
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What's the general feeling about some of the altcoins that have dropped in value considerably such as TRON, district0x, Cardano and SiberianChervonets.
I've been HODLing these for a while hoping they will recover but their value seems to be getting even lower. With new coins being launched daily, is it likely that these will ever recover?
Most of the Altcoins are down today because the value of Bitcoin is low. Once Bitcoin recovers, even the altcoins will recover along. |
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A token was created for the purpose of delivering a product. I wonder why we now have so many excessive tokens in the market today without a real corresponding product. This should stop.
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Will Bitcoin continue to fall this year? After the $18,000+ rise, bitcoin has not yet recovered from the great fall. Will it continue to go lower and lower? Or do we have hope that it will hit high this year?
What do you think fellas?
Ordinarily, I don't see the reason Bitcoin should continue to fall this year. It has already experienced a very long period of downturn. We should start seeing high prices now. |
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Bitcoin no doubt worth being called a currency. Apart from not being issued by a central government, there are no other attributes of a currency which Bitcoin does not have and as such, it is a currency.
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People who are rich already really need to learn how to help others. Most people just made money out of the blue and forget their past. They will not even want to help the poor that cones to them for survival.
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Blockchain has a very solid future. Even without the cryptocurrencies, blockchain can still stand. It is a great technology that people will come to appreciate in future.
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It altcoin thinking it can overtake Bitcoin may just be dreaming. How possible can that ever be. Bitcoin is the crypto market everyone talks about. It alone holds about 45% of the market cap leaving the remaining 55% for other over 1500 different cryptos.
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Government regulation for cryptocurrency will not be too good. It will bring the same restrictions experienced in the use of the fiat and banks. People won't be comfortable with crypto anymore.
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It is a really a bad thing some people are doing, manipulating the entire crypto market just to be in their selfish favour. Nemesis we catch up with them someday.
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This is a very great advise for anyone who wants to take part in cryptocurrency. Do not put all you have in one coin. Choose multiple coins or tokens.
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There are a lot of rumor right now while the value of bitcoin is decreasing that is can be potentially be overthrown. i know for a fact the bitcoins technology is kind of outdated compared to the new ones coming out of the market, but the coins value is so high right now and is also wildly known because of this popularity bitcoin invites new investors in the platform.I think ETH would be the toughest contender in overthrowing the coin perhaps it also has grown popularity over the couple of years of its existence and is also continuing to grow.
Can bitcoin can be potentially overthrown by other coins? what are you thoughts? and what coins do you think can out run bitcoin?
It is very laughable for anyone to even think Bitcoin can be overthrown. Bitcoin is the major component of the crypto market. It is the heart and the soul, any attempt at overthrowing it will have dire consequences. |
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The hackers are just like spoilers when it comes to cryptocurrency. They are the ones chasing so many people away from investing in cryptocurrency. Some should be done about them.
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The reason people pay taxes is due to the fact that the laws or authority made it mandatory for every taxable person to comply with tax regulations. Without that, most persons would not have agreed to pay.
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How do you feel about long-term investment? Do you see the priorities in this? What do you think is the reason for this? Where to invest in your opinion?
Long term is very good in crypto. It is most persons choice. |
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Investment in Education and Bitcoin does not have direct comparison. Human capacity investment or knowledge growth is different from material investment.
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I believe ETH will continue to grow since it is always a preferred choice in ICOs.
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So saw many self airdrops of ERC20 tokens and wave platforms in social media. They would promise their investors a cheap token price purchase, and in turn promise a good listing price at the exchange. 98% of these self airdrop never make it to exchange, and the few that get listed in a decentralized exchange get pumped for 2hrs and there after dumped forever. Why do you think people still patronize these scamming project and not study good ICOs and buy?
So many people are still ignorant of this. That is why they continue to be scammed. |
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