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Many people take for granted that there will be another alt season at some moment in the future based in the past, thinking that what happened before will happen again in the future and that the patterns of the past will repeat again, but the truth is that it can happen that things are never the same, maybe things will remain as they are now, maybe bitcoin will skyrocket but altcoins will be forgotten, nobody knows. In any case, I don't see signs to believe in an alt season coming soon, so you will need to keep waiting.
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I don't see reasons to be euphoric here, if these fees were caused by a lot of different Dapps being massively used and their associated tokens gaining value, that could be something to feel satisfied for, but the real reason behind this fees increase is just Tether.
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If you want to become a millionaire with crypto you better get yourself a time machine or find a worm hole somewhere, travel back to 2009 and start mining bitcoin. There are no miracles, this is the first thing everyone needs to understand.
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Don't you think they can credit the same amount of token of whatever token swap ratio and credit the address accordingly. I have seen one or two projects doing that which is better than asking investors to do the token swap before deadline.
Just take a snapshot and credit accordingly. Otherwise you are just expecting your investors to lose coina during this event which I find it a bad practice in Altcoins.
The problem is that you only can do that when you are swapping tokens in the same blockchain, for example when you swap the token to change the supply or something like that. In fact, in those cases, that should be the common practice, snapshot and distribution without the holder doing anything. However, when you swap and change the blockchain you need the holder to send his new blockchain address. In those cases I understand that project developers set a deadline and remove old tokens from exchanges when the deadline is met, but I don't understand that they refuse to swap clueless investors tokens after that period. |
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Those new wallets are aimed to new crypto users. People who have been in crypto for some time know there are some wallets that have been around for a long time, that are used by many people, that are trusted, and these people know how risky is to trust in new wallets coming from nowhere. Moreover, it's widely known that when you are going to use one of these established wallets, first, you need to check that you are using the real one, not a fake one. However, for new users is different. They just search in google or the store for a wallet and they download the first one they find, just because they are not aware of the risks.
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That twitter account has only two followers, how a tweet from an account with two followers is supposed to influence the price of another coin? If it were so easy to pump a coin, all coins would be worth millions.
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If you are leaving your etherflyer and you keeps it logged it for months and then it may possible for your friend to see your account already logged it and he was creating a transaction to his address.
This is the most likely possibility, it's strange that you can leave your account opened for months, but if you do that, it's like letting your home doors opened all night, anyone who access your computer physically or via malware could access your account easily. |
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On the other hand, for regular people. Shitcoin is a coin that had been abandoned by the team and the community. And for me, Shitcoin is something that is created solely just to make quick money not to be used as form of tool or payment.
I would not call an abandoned coin shitcoin, in those cases I would use terms like dead coin, failed project or, if that were the case, scam. I agree that a shitcoin is a coin that is a clear joke since the very beginning, even if that shitcoin pumps at any moment. |
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Those coins, at least most of them, are just a joke and have to be treated like that. They are like having a picture on the wall at home, maybe nice but certainly useless.
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If I'm not wrong, when you create an EOS wallet, you set up a username, and if someone wants to send you some coins or tokens, that person needs your username. It could be that somebody is sending coins to someone whose username is very close to yours and that person is making a mistake. It's the only thing I can figure since the amount is too high for an airdrop.
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There is nothing you can do. You cannot sell them since no one will buy them, even if you find a buy order you will be spending more in gas that what you will receive for them. Moving them to another wallet or burning them is not an option either since you would be spending gas for nothing. So, unless someone will revive those projects in the future or some eccentric millionaire decides to spend his money buying dead coins, all you can do is forget about them.
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Right now, the biggest threat to Libra is the big rejection that it raises between governments. This is the real problem for them since it seems it will not be easy for Facebook to overcome it. Regarding other companies like Amazon launching their coin it will depend on the use of those coins, if they will be used only within the platforms that launch them or if they will be used to make payments anywhere. If Amazon launches their coin, but that coin is only used to buy stuff at Amazon, it will not affect Libra too much.
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This is a clear example of a coin created only to have a coin with your name, there is nothing that you can do with this coin that cannot be done with fiat money or other traditional means. It's clear that, in view of the boom of cryptocurrencies, the man wanted to associate his name with them and join the trend, which is not a bad thing for cryptos indeed.
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Why are you so sure that the only reason behind the fate of those projects is having been listed on a bad exchange? I'm not so sure that is the only reason, maybe those projects are not so attractive to investors for any reason, or maybe the altcoin bear market is pushing them down, it's possible that having been listed on a big exchange would not have changed anything.
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In any case, those scams are harming new projects, but not the well established ones, not to mention top coins. Regarding the crypto world, don't forget that ICOs, STOs and IEOs are just a part of it, there is much more apart from that.
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The strange thing is that they haven't done this before. IEOs are quite profitable for exchanges, it's a big cake and they are not taking their piece yet. Their entry into the IEO sector would bring competence above all, it could even cause the costs of running an IEO to be lowered.
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It's one thing that people see altcoins as one single thing, but making charts showing all altcoins as if they were one single coin and making predictions based on those charts is too much, it's unrealistic. You need to analyze each coin independently.
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It will be just FOMO and speculation, as always, assuming that this finally happens. After all, nothing is sure and that pump everybody is waiting for might not happen.
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We will probably have to wait until market conditions change to check the actual effect of halving on Litecoin. After all, people see altcoins as a unique thing and altcoins are in a bear market so deep that it does not matter how many halvings or news you put on the table right now.
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