The most common red flag for the scam project is the plagiarized whitepaper contents, even in only tiny amount of it. Then, the photos of team member, scam projects often using picture from other's as their team member photos. Investing in cryptocurrency project requires some time to research on the project. Even if the project is not scam, we won't know if the project will become success or not in the future.
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This is a profiting phenomenon for ETH miners around the world, they received more reward because the high fees. Defi projects are the cause of high gas fee, and i think defi projects need to using other blockchain in cryptocurrency to diversify the transaction fees. I think Defi projects are not identical to scam projects, it is just some scammers using the momentum of defi to scam people.
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Mate, there is no one can looks into the future because it is impossible mate. If i could looks into the future and knowing what will happening, i would become very rich. Anyone can't see the future, therefore we are only predicting, that won't be 100% accurate.
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Some cryptocurrency projects has stopped i think because the funds of the project has empty. The funds usually used for listing exchanges, marketing expenses, infrastructure expense, etc. Or there is a possibility that the project was a scam project and exit scammed people.
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Everyone can fabricating fake identity documents, but it still can be detected by the authorized party. Handling KYC documents should be given to government of the country, so they can detect the fake one.
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This is very unfortunately, why did they accept the KYC submissions in the first place if they planned to shut down the project ? They should announce that they won't continue the project and not requiring hunters to submit KYC docs. And now, hunters who submitted the data are afraid if the team use their data or sell it on dark web.
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Simple, because they want to sell it if the price keeps going up. When the coin price is going down, we won't know when the coin price will going up. But when the coin price is going up, there is high possibility the coin price will still going up and we can make quick profit from buy and sell it later in short time.
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There are so many cryptocurrency exchange platforms already, and it is important to use the appropriate exchange so our trading activities will be good. One of the famous exchange is Binance, i am still using it to trade my coins and tokens there, it is fast in deposit & withdrawal. About arbidex you mentioned, i don't know if it is good or not, but we should using the exchange we are familiar with.
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I think there are no free wallet anymore because we need to buy resources like cpu and ram to own EOS wallet. You need to contact people who already have wallet, give them the fee to buy resources to create the wallet for you. That's it, good luck mate.
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Now is better than few days ago. The ethereum gas fee was very high, almost 600 gwei if i remember. This is because many projects using ethereum network at the moment, the ethereum network was congested. We are forced to use high gas fee if someone using high gas fee with high volume of transactions.
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#PROOF OF REGISTRATION Bitcointalk Username: Radio-Active Telegram Username: @radyace Participated Campaigns: signature
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Yes patience is the key but not just patience hard work, consistency and focus is what one needs to get through this also one has to be well informed that keeps you equipped thanks
Well, without patience in crypto, maybe i would sell my coins because it has gone to the bottom. But what i see is a long term, not looking only the current situation of cryptocurrency. Patience is needed to avoid some unnecessary actions regarding your coins.
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Well, actually ICO is not dying though. The reason why the number of ICOs are very few now is because there were many bad ICOs in the past. But now, only a good ICO will survive and succeed. Investors don't want to investing into new ICO without doing due diligence anymore. Thats why many ICO have failed to collect the funds.
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Binance announced the release of 4 alternative crypto currencies.
Four unlisted crypto coins
Bytecoin (BCN) ChatCoin (CHAT) Iconomi (ICN) Triggers (TRIG)
According to some rumors low volume 27 coins will be more delist. (No resources now)
what are you thinking ?
It would be good if you put the links about the news of delisted coins in binance. I wonder what made binance delist those coins because i see bytecoin have skyrocketing in binance few months ago. Maybe binance have some new rules for coins to get listed on their exchange ?
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Binance token is used for exchange fees only and not providing you any profit such as dividend if you hold it. But if many peoples will using binance exchange in the future, then they will buying the tokens to make their fee cheaper. So yes, it will be profitable to hold it for long term.
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As interest in digital currencies increases such as Bitcoin, more and more Bitcoin scams promise high returns. Unrealistic lure is clearly a mere cover, and usually ends with the loss of clients' funds. Fraud often spreads in social circles based on trusted relationships. Therefore, we must be aware that there are cunning fraudsters who can actively seek ways to deceive with absurd tricks and offers.
How to avoid bitcoin scams :
2. Avoid Unrealistic Offerings
Usually, crypto currency fraud can disguise its identity by using a social media account or advertising banner that looks professional. Mark Steward, director of FCA law enforcement, explained that when people become more skeptical of the real world regarding investment and consumer habits have changed, investment fraud has moved into the realm of Online and social media.
How to avoid this Bitcoin Scam is, you are better selective about all investment offerings from the Online platform that you did not ask for, whether through social media, email, or even by telephone. Even if it looks official, pay attention to how it is offered. Con artists usually dare to promise high profits to lure victims. So if you feel the promise of profits is unrealistic, immediately ignore the proposed offer.
Yes, unrealistic offerings is usually the sign of scam or fraud project. If they could gain so much ROI in short time, they would not hold a crowdfunding, they can just borrow some funds in big amount, and return their to their lender later because the ROI is high.
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I've had technical knowledge of the internet for many years and I've heard of Bitcoin in the early days, but for some time I did not have that curiosity that was characteristic of an early adopter nerd. This was a high cost of opportunity as Bitcoin's growth is impressive, especially in 2017.
There is one side of me that sees skeptically and another that can see the disruptive proposal of the coin. For about 3 months I was watching the dynamics and signing some videos on Youtube. I signed the Fernando Ulrich channel and read some texts to understand how it worked: Buy / sell through an Exchance, Possibility to move to a wallet to "save" in safety and all other possibilities (trade, etc).
About 2 months ago I decided to try it and so far things are going well. At the end of September I was able to buy for USD 3,800 and then started to move towards USD 7,000, reaching USD 7,800 and then dropping to USD 7,200. I saw this fall as an opportunity to buy and I got more $ 10,000.00 for this price since my goal was to have at least 1 BTC. And to show that nothing in this market is predictable, the day after my purchase at USD 7200 it drops to USD 5800. It needs to have a stomach! But I looked again as an opportunity and went to buy more to reach my goal of having 1BTC. As it was a weekend, I had to wait for Monday to do a TED for Exchange (you do not need to talk about why Bitcoin is causing it in the global financial market as it is 24hrs). I got on the second to take to the Exchange and unfortunately that low was already at USD 6,400 and three days later had already risen again to $ 7,200.
I'm enjoying this joke and it's that maxim ... Only invest in BTC what you're willing to lose. I do not invest in BTC by expectation but by the promising and disruptive future! Everything is an ideological issue and I am comfortable with this movement.
Well yes, you are right because you were investing what you can afford to lose. That's why you enjoyed it. Experience will make you wiser using your money in cryptocurrency. In this volatile market, trading will be profitable for short time.
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Read before posting Negative feedbacl: I do not intend to create a FUD, nor I want to speculate. This is my logical analysis and you are welcome to question it.
The last surge in December 2017 was when mainstream media started covering Bitcoin and a "lot" of new investors/traders/oppertunist started talking about and started looking into it
October 2018 ICOs have failed, most of the ALTs are below their ICO price. That means, Now there are less Fool and people have started understanding the concept. no more Sheeps to slaughter ... Much harder to manipulate price (or atleast people are aware of it.
So, Where will the bull run come from?
As an example, Think like --- Lots of people were hodling when Bitcoin touched 20K.... But now repent doing so... 100% if Bitcoin price surges to even 9000$, they will dump knowing there will be again a correction.
This is what I analysed logically. I may be wrong. I hope I am wrong.
Your opinion is plausible, investors nowadays dont investing in crypto blindly anymore. They start to using their money wiser. But some whales still can manipulate the market by pumping the price of crypto when they already accumulate the coins from weak hands at anytime.
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I have 110 $ ...witch crypto is best to start trading with a small amount as 100 $ actually i'm in etherium ... i see a verry small progress .. is there another crypto more profitable and faster with 100 $ ?!?!?!?!?!?!?
I think if you are an experienced trader, you can start trading even only with $50. The important thing is not the amount of coins you trade, but the trading strategy you use in the current market situation.
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I know that this year is quite odd when it comes to crypto curriences. My main concern is Ethereuem. I know that in almost year ago the max price was 1.200$. So i am really cheering for comeback on the some discent values..
ETH price is very sucks on the market now indeed, but i dont think it will vanish out from cryptocurrency. As long many ICO companies using the erc20 tokens for their project, ETH will sustain through the years.
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