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You can easily open the roadmap and see what is happening there, because today it is generally a normal situation and so it should be, if people are interested in this project, then it is a normal situation
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I hope in future cryptocurrencies will not need that much elecricity to exist. we all talk about ecology so cryptocurrencies should be ecological also.
And you did not think how much electricity the banking sector spends? You did not think about it? I think that in this case, you definitely need to think about it and only after that do you draw any conclusions. |
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Investments are always risky, otherwise it is not investments. No exceptions. Even if you put money in government bank, it is still not 100% guarranty that you will get it back.
Exactly. But there it’s probably clear that the majority of banks actually pay interest on inflation, that is, they simply take money into custody. Sad to understand this, but it is a fact. Therefore, you are right, banks can also close. |
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Mining is as fair as it has always been.
The thing is that a lot of years people really didn't know much about it. There was this so-called info blockage - mining and cryptos weren't as interesting for media to cover than other news. Thanks to that a lot of people could mine rather well using their GPU rigs and ASICs from first generations.
This lasted up to winter 2017 and then it went into masses as something that is mega easy to do for earning some extra income. And you probably know how it went from there...
Mining does not bring as much profit as before. If you check the statistics, you will see that many miners decided to sell their equipment and started trading. People find that this business can give them more money. Currently, only mining companies can operate. The small miner, just like you say most of the time, has stopped mining because of not achieving profit And it seems to me that even those companies you are talking about, that is, big rooms, even they are experiencing great difficulties today, because in any case the price is starting to fall even lower. |
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1 year crypto market for a long time. What will they do if it is too high to pay back then?
Nothing, I think that it will be too late to do something here. But in any case, the very chance when many investors can really return the invested funds is very close, the most important thing is that there is an idea. |
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All miners who I know, they stopped mining long time ago. Now crypto is going down, so I am sure that mining has lost sense.
I prefer trading, there is profit anyway!
Profit is only if there is a cryptocurrency volume today really very large, because if the volume is small, then there is no point at all, because today everything is just falling and nothing good happens. |
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I think this will be very good, the money back guarantee is a highly anticipated attraction, if all ICOs run with a money back guarantee, surely everyone won't think long enough to invest in ICO. I hope this will benefit investors...
But today there are no work projects that could really provide such opportunities, so I think that it would probably be best to invest your time in order to start learning how to analyze projects that are going to the ICO process today. |
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This year we became acquainted with great difficulties. While companies can not give us new processors, and this is bad. Mining at the hunters and at the ICO is not the best of times. 2018 - failure.
Yes, 2018 for many participants of this cryptocurrency market has become a very, very serious year in order to realize everything that people today have understood for themselves. I am sure that people will have to change the world around them. |
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It sounds very unusual. I think that this idea could well become the mainstream and help restore investor confidence in the PPI. However, where is the guarantee that a project with such loud promises will not be a scam itself and will not fail? I think the only way out is to find large investors and make the first precedent.
Such projects already exist today and they have already collected investments for this. The most important thing is that today for some reason they say very little about this project. As far as I remember this project is called DESICO, this is something like the example of a project that gives guarantees. This is interesting to know. I never heard about money back policy before. This particular project DESICO is sticking to their promises? I will not promise this, because I cannot know exactly how they will conduct their work, I am not a participant in this project, but I do know for sure that these guys were conducting an ICO that ended successfully. |
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The mining pool is owned by very big investors and that has giving much to the miners , but we are having some set back in the crypto market which is why the reward is also very low compare to the expenses during the pool but the time would soon come when the mining will be more available.
Mining in modern times is close to not producing anything at all, look at what is happening with many mining farms now, only they can work at a loss. Therefore, today it turns out that they still work. |
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It sounds very unusual. I think that this idea could well become the mainstream and help restore investor confidence in the PPI. However, where is the guarantee that a project with such loud promises will not be a scam itself and will not fail? I think the only way out is to find large investors and make the first precedent.
Such projects already exist today and they have already collected investments for this. The most important thing is that today for some reason they say very little about this project. As far as I remember this project is called DESICO, this is something like the example of a project that gives guarantees. |
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I never did mining. To start mining, you need to make big investments. However, as far as I read, mining is not a profitable process. The excavation is done for long periods and it is not easy to find the block as before. Therefore, I do not intend to do mining.
If you are interested, then it seems to me that now, when many mining companies have begun to understand that mining is not productive today, that is, today it is not profitable, they are starting to sell their equipment now you can buy it very cheaply. |
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Risk free ICO is a nice concept. I would like to know and understand more on how this works in reality. Typically ICOs are meant to be extremely risky. Breaking this like breaking a hard rock which is for good ofcourse.
I also think that risk-free ICO is the right thing to do and it's completely trustworthy, but now more than 70% of scams are small and this is real and not fabricated. If you want to trust the ICO be careful, but not all are fraud, it is important that your choice is correct  . I completely agree with the fact that today most of the projects that we are seeing are still beginning to cause a very big sense of doubt, because most of the projects are already very global and some are vice versa. |
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Some time ago I was also engaged in mining but then I abandoned this idea, as I considered it unprofitable for myself. And watching the situation now, I made sure that I did the right thing.
Today, mining really is not terribly profitable, of course it was done solely with such intent, because the mining market today must be competitive, but it is very difficult, the Chinese are the first. |
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I have met many similar projects and I do not believe that you will return the money to people
Why, I have seen projects that still work and return the money that investors have invested, but this is laid down at the level of a smart contract, that is, a condition is created today, which all the same should be created. |
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Big companies with cheap electricity are killing the idea of decentralization for cryptocurrencies, but I don't see any good ways to deal with them.
Yes, this is the main problem, because today the complexity has grown so much that many people simply do not understand how to work in order to ensure the normal operation of the BTC network. |
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Naturally there is no 100 % solution for returning money or somekind of insurance in crypto (maybe only when will come options exchanges with special features to insure), but it's good that some attemps are appearing.
You understand that insurance, in any case, provides for certain conditions, which very soon may still not be fulfilled at all, because such situations are so rare that today they may not happen at all. |
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I’d probably start asking people who are doing this themselves, I don’t have a farm, but I often buy power on cloud mining, because I think that in general this is a normal practice. But there are also a lot of moments.
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The one that killing cryptocurrency market is the scammer, they made any investors hesitated to put their investment, cause they get worried if they could get scammed if they put an investment.
Very important details have been touched upon here, but if we talk superficially, I don’t think that scammers really have to do with price rates today, if we are talking about the popularity of ICO projects, then yes, scammers are directly related to this. |
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