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Burning their excess altcoin during ICO might increase the demand for their token/coin someday specially if they will be stronger than those altcoin in top 10 at coinmarketcap. The lower the stocks, the higher the demand specially if they are that popular right? Business is business and i might say that it will be similar to buying an item online. Besides, if you are a buyer and you know that they have thousands left in stock, the eagerness to grab that item is not that high and think of another choices that will give you more satisfaction.
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I suggest you read an interesting article Jeremy Rubin(Bitcoin Core Developer and technical consultant Stellar), it's called "The collapse of ETH is inevitable". And so same the answer Vitalik Buterin on this article. This should add a little understanding to the situation.
It is true that the collapse of ETH is inevitable but that also applies to other altcoins, isn't it? There is always a possibilities that the article you are referring to was only made to destroy the credibility of the ethereum to bring its price down where in fact, the creator of the article itself was also bullish to grab that altcoin on its lowest price. What do you think? There is ALWAYS a possibility that it was only a false or paid article to destroy one another. Well, you will be surprise and will think a big future is incoming for ethereum after reading this article. Google Adds Ethereum Blockchain Dataset to Its Big Data Analytics Platform --> https://cointelegraph.com/news/google-adds-ethereum-blockchain-dataset-to-its-big-data-analytics-platform |
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The reason why signature campaign was created is because it is one the best type of advertisement for an ICO to reach out to a true investors. You wears the their ICO banner which will be attach to your name and by posting your thoughts, their banner will also be posted and will be advertise. The many you post, the higher the chance for their ICO to be seen by many. Rules are created for us to have meet the companies expectation since bounty hunters are their employee or free lancers. As an employee, we are obligated to follow the instructions given by the boss right? I don't have a problem if I were unable to get a stake because of my own mistake since it is my responsibility from the beginning.
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No one knows what awaits in cryptocurrency specially to Ethereum. It might pop but it seems to be impossible because millions of investors are bullish to grab this altcoin at its lowest price. Look at bitcoin, the bears are having hard time pulling it down to $5000 because there are millions put there who wanted to grab bitcoin. With that said, it also goes to ethereum since it stays as the strongest rival and competitor of bitcoin. We also have to keep in mind that ethereum supports thousands of tokens so what do you expect on ETH where it was always used as transaction fee for those tokens?
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Every investors and holders always worry on their crypto holdings because we dont know until when and how deep will this downward movement will go. It is heart breaking when you are seeing your holdings went down the price up to -50%. Honestly, i get used to it and only looking forward for those altcoins i hold to shine. I am still hoping that it will reach its all time high when cryptocurrency and bitcoin will be recognized and properly regulated. I am no longer worried with my crypto holding and just hoping that it will reach at least above $0.50 each of my altcoins by next year.
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Impatience is one of the best answer and wanted to get an easy money. There are many reasons why they are dumping the coin. Most of the time, an altcoin gets dump because they wanted to sell it high and buy it low. The negative side of that sell high, buy low for impatient hunters are they are the most victim of missing the biggest opportunity where that altcoin gets listed to a well known exchange. Well,it actually depends on that ICO how they will manage the project. If the members are trash then what do you expect?
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Thousands of investors already saw what affects the price bitcoin and other altcoins. Those are negative news for cryptocurrency like rejections from a government, country or specific well known group that bad mouths cryptocurrency. Positive news like partnerships, massive adoption and recognition that will make an investors think that it is the start of a bull run. In terms of supremacy, bitcoins looks undefeatable because its says as number one and never been replace. It was already used a payment by other businesses and almost perfected blockchain but for me, most investors preferred to hold an altcoin because it gives higher return than bitcoin.
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Gaining and loosing cant be avoided in all aspects or types of businesses. All you need is to think of a way how to minimize loosing and how to maximize gaining specially if you choose becoming a crypto enthusiast. I earned a lot already but also lost a lot because of bear market that runs for a long time now. We are seeing minor pump and more on dump. All you have to do is to be patient and wait for the right time to earn.
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I don't have any problem using MEW and I thank God for not becoming a victim of hacking ever since I used this wallet way back May 2017 up until today. Security depends on the team members indeed but we also have to keep in mind that we also have our own responsibility on how protected are we when using those devices while making blockchain transactions? I mean, are your devices cleared and protected enough with those malwares and viruses? Are you saving the website as bookmark to your device to avoid phishing sites? Are you saving your private keys to your devices? Answer these questions first and always do your own research on how you can protect yourself from those hackers.
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I would say that the reason why you chose Cardano is because it was very popular these days and one of the best topic here in the forum don't you? Have you already do your own research about that alrcoin? Well, Cardano will also be one of my pick because it was being presented as a promising coin given the fact that the developers of this platform and is now stepping up their game by providing a unique experience of having a mildly regulated decentralized platform that should enable faster banking systems and always being compared to ethereum.
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1. Pay Bounty/Airdrop hunters with ETH, BTC or any Popular Coin thats already trading in the market Payment on bounty hunters with Ethereum or BTC is the right thing to do to lessen the price dump of a specific bounty. I would suggest that after giving the ETH/BTC reward, that bounty/ICO will announce a trading competition for those hunters. The to 50 traders who collects the biggest number of their token in trading will win a new reward which will be paid in airdrops token. Ofcourse, it will be paid by rankings. That way, they pumped the price of their altcoin and will get more investor to trade their altcoin. What do you think?2. Buy Back some initial dumpers, which will make almost everyone else not to dump any more This one, I don't understand what do you mean by this. Can you please elaborate this more? |
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Well let's see how it's turn out, cardano is a great coin but still in baby step, it's still lack of interest and support, eth has been famous for it's smart contact, while cardano still has been famous for anything, with that fame caradano still unable to catch up with eth
I agree with that. In terms of popularity, transaction speed, transaction fees and tokens powered by these blockchains, the gap between these two is huge. Ethereum already proved what they are capable of and those plans to upgrade their blockchain was always being fulfilled. Everytime there was an update with ethereum team, it was always in the headlines and it supporters are very excited with ethereum upgrade. Cardano might catch up but will definitely take 2 to 3 years depending on Cardano's team dedication and how will they fund this development. |
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It is my friend. Altcoin nowadays changes the price below ICO because it was being dumped by investors or bounty hunters. That is one of.the things that ICO should resolved because the story keeps repeating on all ICOs. These ICO should pay their bounty hunters in either ETH or BTC to minimize the price dump. The most affected person with these type of dump are the investors and i will not be surprise why most ICO is not hitting their hardcap. If you decided to buy that altcoins after getting listed to an exchange, that is the smartest decision you will do as an investor.
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That actually is one of the problem an ICO. Those four are one of the reasons why ICO were stain in negative image on all of the investors and ended up investigated to government. Most ICO ended up as scam project or they dont that charismatic because of partnership, unknown members or partnerships. I hope that every ICO will be registered to an approved government agencies to minimize scamming investors. We all know that if that government agencies handle or that ICOis registered through them, an investor is more calm or trusted to invest to that ICO.
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What i ussually do is HODL until it fulfills what is written on their whitepaper or fulfilled some interedting part of their road map like listed to a well known exchange market or a partnership with whales businesses. The price of cryptocurrrency nowadays are still unstable and looks like will encounter more price correction or deeper dip so i continue holding those altcoins. I know that someday, i will regret letting those go on cheaper price when its price multiply up to 10 times when the bull market starts.
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Well, this "Bearish days will coming to an end" is very popular words to encourage an investor or holders of an altcoin to have a positive thinking when the truth is no body knows if cryptocurrency will fall or will rise. This is the worst feeling I ever had with cryptocurrency and better than last year when BTC went up to $5000 for the first time but went down to almost $2800 last year. All investors are still hoping for a greener market but the market manipulators seems more powerful than last year so no body knows what is going to happen in this crypto market price.
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Actually, I don't believe that much about which month is the best to invest. Nowadays, it is depending on the volume of that altcoins are traded in the market, number of alcoins circulated, demands for investors or traders, positive or negative news which actually affects the price I believe, strong partnerships and how typically they advertise these altcoin throughout internet groups or crypto related websites. Altcoins price nowadays changes instantly and very unstable. You will never know when will it be pumped or dumped so being wise investor is the best answer to take a profit.
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I strongly agree that today's bear market is the best time to invest to those reputable altcoins and HODL is the best move to gain a profit by next year. Investment is all about patience and being updated to news about cryptocurrency is a must if you are planning to HODL for long term. Why? That is to minimize huge losses. I admit that I am also a long term hodler and it caused me a lot of pain, doubts, wrong decisions and tons of regrets when one of my altcoin reaches an all time high. Still, there are some altcoins that brings unexpected profit that surpassed my imagination.
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Its actually is a good news that bitconnect got removed to avoid another millions of investors to be scammed with such an obvious ponzi scheme. The most number of person falling to such investment are newbies who dont have enough information hos crypto market works and those who wanted to earn an easy money by means of referrals. One the biggest convincing investment scam was made by bitconnect and ever since they were recognized as a scam, lending ICOs were being trashed. I felt sorry for those investors where they can earn more in trading instead of participating on lending offers.
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