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Yes, because it is very important to protect our asset so it won't gone or lost.
The first thing to protect our coins is by using a reliable wallet to store our coins.
It is very recommended to use hard wallet so our coins won't be lose easily.
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What you write in this thread is true, there were many peoples come to crypto sphere and investing their money on crypto project ICO.
If only there were no scam ICOS, peoples would not leaving cryptocurrency and keep investing their money.
I think it is because many ICO were offering the return to investors too high, and it was not meet the promise, then investors left.
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I have seen many exchanges have launched their own token like Binance with BNB, Idex with IDEX, Hotbit with HTB, Yobit with YO etc. where exchanges use their own tokens as another way to pay fees to support token. In addition to it, different strategies are used to create a hype like decrease in supply etc.
But if an exchange goes through a hard period of time and shuts downs then ultimately that token will come to its end because there is no community other than that exchange supporting the token simply because it has no usage outside the exchange.
According to me exchanges should promote the usage of their coins/tokens outside the exchange to build a community in support of it. If your community consists of huge individual entities who believe you then a great community can be formed. Otherwise lack of applications would lead these things to disaster.
It is very common that exchanges has created their own token or coin to promote their exchange. The value of their token will depends on the demands of the users, so if the value is high, then there are many users using their exchange. |
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Actually, there are many exchanges not requiring KYC to use them.
You can use binance and you don't have to submit any docs to verify your identity if you deposit or withdraw within the limit.
About IEO, i think most exchanges will requiring you to submit KYC docs before join IEO.
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You can be part of Attack 51%
SECURITY
Hello from the past!
Maybe somebody understands who I am, but for the others I am nobody. In any case, I will stay anonymous for everyone. Get to the point !
I plan to take control of most of the network hashrate and launch a massive attack 51% on the main network of one of the major coins in order to make a profit.
The cost of the attack will be about 20 BTC or 950 ETH. I accept donations and collect resources. The conditions are as follows.
* The minimum donation is 0.1 BTC or 5 ETH.
* The link to the online stream will be available to those who donate from 1 BTC or 48 ETH.
* Only those who donated will have access to the private telegram channel. There are no public chats. All information and updates are published in a private channel.
* The reward of participants depends on the success of the attack. I guarantee at least x3 of the donation amount. Payments will be distributed strictly to ETH wallets no later than 7 days after the success.
* It takes a long time to prepare, set up a mining pool and synchronize wallets. The exact date of the attack will be determined later, but not later than November 20. The coin will not be announced in advance. All information will be published in private channel.
Activity (publications in social networks, media resources, telegram channels and forums will be generously rewarded as soon as we reach the goal. Send your proposals to my telegram contact @SaddlerDoodad
PS: Part of the profits will be anonymously transferred to various charitable foundations.
If the funds are not collected in full, the donations will be returned in its entirety.
BTC, ETH addresses to donate and an access to the private channel you can only get personally from me by telegram contact @SaddlerDoodad
Peace.
Thank you for re-posting the article because the original one on reddit has been deleted. I think it is a scam and this scam method is not new, peoples who fall because of this are only new comer. 51% attack won't be possible to do on top coins by single person because the global hashrate are huge, obvious scam. |
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Some Project owners together with some Bounty managers promise Hunters certain percentage of total tokens to be created.
These promised tokens inturn manipulates hunters to engage in these bounties expecting to be paid.
One main phrase that gets to favor this bounty managers and project owners is "bounty manager and project owners have the rigjt to male changes to the bounty tool at any point in time"
Should the above statement be allowed to continue?
If we see that phrase, we just need to not join that bounty campaigns. It will be risky, because they can change the rules any time without the agreements from both parties, bounty manager and bounty participants. That kind of rule is actually very bad, they could reduce the reward at any amount they want, adding kyc requirements, or other things which are not good for hunters. |
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What you think more profit, participate in IEO or wait after IEO and buy the token from exchanges?
IEO won't become successful if all of the investors think like that, buy token from exchange. If we trust the project and we have some fund to spend, buying from IEO sale on is a good step. Later we will be able to sell it higher on exchange if the project much developed |
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I Notice that most projects that conducted bounty finds it difficult to enter the crypto market especially a quality market. i think most are afraid of been dump.
what are the possible reasons why tokens takes too much time before getting listed on exchange.
I guess that is because they cannot give the liquidity solution of their token. Different with good project, a good project won't have liquidity problem because they are ready to become market maker, not afraid to be listed on multiple exchanges. |
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I think they doing some promotion of DX, but it is ok as long it is not spamming. Day trading and long term hold are very different, i choose to long term holding because it is easy. To do day trading, you must have much time to doing your trading activities. |
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These altcoins or shitcoins has become an eyesore every time I checked my wallets three wallets full of shitcoins, I'm desperately looking to trade or dump these altcoins, because it just reminds me of wasted time and money.
Are you also desperately looking to dump your altcoins.
Most peoples have same problem with you because altcoins value are really low now. Many new altcoins still has not listed on exchange, make the holders even harder to liquidate their coins. I also have them, but i think im gonna keep it because the value are too low to sell now. |
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What altcoins ? If we see the top altcoins in coinmarketcap, they are actually good altcoins.
Early investors of top altcoins got big profit already because top alts price exceed their initial price.
different with altcoins nowadays, most of them are failed to raise enough funds in initial offering.
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is it possible that the prize manager and the entire project crew including the developer, they work together and deliberately promote fraudulent projects?
I see how easy they are to erase red trust and promote fraudulent projects repeatedly?
Is this what is called a camouflage manager?
Yeah why not ? The manager can manage the campaign without care about the project, as long as they get paid. That's why we need to join campaign only from trusted manager in this forum. A good manager should be able to detect scam project and refusing the job from them, accept only good and real project. |
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Not really, one cannot laundering the money if they submitted the KYC documents on their local cryptocurrency exchange because their money can be tracked. Peoples still doubting cryptocurrency because there are many scammers stealing other's money in crypto.
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Do you mean holding the STO token ? It depends on the project. I will hold the token of good and real STO projects, but it is hard to find such projects in cryptocurrency. Only holding right coins will bring return, otherwise it will wasting our money only. |
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I am really curious about this question. To be clear, if there would be an opportunity to sell your tokens and make x5 right here and right now in exchange for promise to never invest in crypto again. How many people are ready to sell their tokens/coins at the moment and never come back?
Yes, i think 5x is a very good amount of investment return in crypto market condition right now. Im afraid if we being too greedy to waiting for 10x return, our investment return will falling instead rising. |
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In this kind of bad altcoin market i am still surprised that some new projects are giving out 50% price tag for their tokens, this is a project killer if you ask me, this move is only good if altcoin season is out and surging, 50percent is way too much in this kind of market we are in presently, tell me i'm wrong
They gives offer 50% of normal price because they want more peoples to invest, buying their token. But the discount rate should not be too high, the value of their token will be difficult to increase later. Actually, the project killer is the non-transparency, we won't know whether the devs will burn or lock the unsold token, not selling it later. |
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I think it is a bit risky to borrow money in the form of cryptocurrency.
When the borrower borrow some coins in low price, they will have to pay in same amount without regarding the price.
If the price when they borrow lower than when they return, the borrower will have to pay more money.
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IEOs has certainly become the order of the day for new start up in cryptocurrency. replacing the traditional ICO which was a means of raising funds for new crypto projects. As we all Know, IEOs are been conducted on Exchanges which was a means to guaranteed investors that they have a platform to exchange( buy/sell) their token and as well a trust and accountabilty in the crypto ecosystem.
Currently there are Exchanges that are not deem FIT To conduct these exchanges because:
1: 90% of the projects the marketed failed to reach softcap.
2; most projects been marketed are still Scam and have nothing to offer.
3; they never review any of these project but rather charge fees for IEO listing.( once, you make your payment, you are allow to conduct your sales on their platform) a sure way of damaging their reputation.
4: they list multiple projects at once making it difficult for investors to make their own review and choose a quality project.
I know of LATOKEN exchange as Number one in this category.
Please drop yours if you have any.
There are many IEO projects listed on latoken, but i don't think those are good to invest, maybe only 1 or 2 are good. I guess investors only prefer to joining IEO on top exchange like binance and other popular exchanges, they are not very interested toward the new projects listed on small exchange. |
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There are many cryptocurrency decentralized exchanges has been created now, we need to use only the legit one.
Binance dex maybe a good option for crypto users, or if you want to trading eth or the tokens, idex is good.
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Yes, it should be difficult to list on the big exchange. Imagine if anyone could list their coin on top exchanges easily, spam coins and tokens would be listed on there, ruining the top exchanges. Listing on top exchanges requiring some high standards or requirements. I believe when the project has successfully developed, they will be able to fulfill the high standard and listed on top exchanges.
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