My experience so far with bounty this year have been bad and it is not as profitable as it used to be. Mainly bounty hunters don't really get good projects that will pay and those that pay just pay a penny which is not worth the time and energy put into the work.
My question is, is it possible to still make a living from bounty or we should just move on from it?
Very difficult.If you can earn something you need to work around the clock.Many have indeed lost hope.Recently I was looking through spreadsheets of many projects and in columns with,, rank,, I observe a very large number of newcomers.This is actually an indicator of the real state of Affairs with bounty programs. |
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If investment in gold would be very profitable, we would not have seen the capitalization that now exists in cryptocurrencies.My unequivocal answer is to invest in cryptocurrencies (of course, not everything). Even if you lose somewhere, you can still get out of a difficult situation and, by diversifying your portfolio, get out anyway +
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One of the first actions that I take after making a decision about investing is checking the project on all rating sites.Then I make my own analysis.Maybe someone is either deceiving or adding an estimate to the project, but they can’t lie absolutely everything.Right? The average denominator still exists.
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Soon there will be a parade of new coins from the tech giants.This is just the beginning.Who knows what will happen to Libra,but if Huawei will release its own coin-it will be the starting point for all other companies.You'll see.
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United States government has always been against using bitcoin. What is the reason?
They say bitcoin is used for illegal transactions. What do they mean by illegal transaction? Do you think they mean buying and selling drugs?
I don't think they worry about this. We all know drugs are easily bought using fiat.
United States want to control every transaction. United States imposes sanctions against every country they want. Bitcoin is decentralized and anonymous and people and other governments can use bitcoin without any permission by United States. That's why they are against bitcoin.
What makes You think that?On the contrary, in many States bitcoin is even allowed to pay taxes. https://www.marketwatch.com/story/believe-it-or-not-some-americans-already-pay-their-bitcoin-in-taxes-2019-01-07And in General, most of the major investors are from America.And the fact that the Americans want to control every transaction, so who does not want to?).It is clear that any country,not necessarily America,wants to keep everything under control.The fact remains that this is very difficult to do at 100%. |
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Its really hard.the best way is trade but its the hardest way.mostly i lose.other ways are easier but you cant earn serious amount.
I, too, still have not learned how to trade correctly(and especially in principle never wanted to learn this business).But even if to engage fully in trading naturally need the initial amount.And it shouldn't be $ 1,000.It seems to me that making money on the Bounty can is no less than making money on trading (but of course this is all relative).In any case, earn and accumulate bitcoin and other cryptocurrencies and never lose heart.Those who want-he will always find a way to earn. |
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If it's the surplus energy, it's not as bad, but I think it's a bit of an overkill using such a dangerous energy source to power BTC mining.
Energy is energy, and if you have surplus why not use it for something useful, and here we are actually talking about investing in Bitcoin network. Belarus president see the possibility of extra earnings, he will use that surplus to mine Bitcoin. I do not think this is in any way bad for Bitcoin, but maybe someone will say again how Bitcoin is using too much energy, so much so that now it has to use nuclear power plants. Chernobyl was caused by human errors and corruption, something that is not related to the technology itself. When everything is done properly nuclear is very clean. In some aspects nuclear is much better than renewables, because it's not affected by weather and doesn't require energy storage. Maybe it will be replaced in the future fully, but it still can serve for transitioning to 100% renewable energy.
Really funny that you consider nuclear energy better in some aspects from other sources, but what about nuclear waste which is created as a by-product of the operation of nuclear reactors? All that waste should end up somewhere, and in most cases it ends in third world countries where pollute land and water for thousands of years. Hundreds of nuclear reactors are potential bombs, and there is no more dangerous way of generating electricity then nuclear. Humans are susceptible to errors, Chernobyl will happen again it is only a matter of time - Germany, France, Russia or USA, maybe Ukraine again... I in any case do not justify those guys who stole electricity,but I would like to support the author of the message to which I respond in the context that really there is an overabundance of electricity generated at nuclear power plants and it needs to be put somewhere.In this case, mining seems quite adequate.The second side of the issue is the security not only of Ukraine but of the whole planet.How and who allowed to engage in some kind of manipulation of electricity at the nuclear power plant?It's just creepy to realize.... |
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Base on simple morality, I'd agree that stolen funds should be returned to the owners. With the rate of thefts in the cryptosphere, security agencies would be interested in tracking these funds. Many crypto users do not like the idea of regulation - I don't too, but this is one of the problems regulation tend solve. We don't have to be nonchalant since we haven't lost any funds to these thefts.
What does regulation have to do with it?Even if the regulation happens there are a lot of anonymous coins as well as mixers,with which you can still steal funds.Generally my answer is-Yes, I believe the ability to return the funds (if their transactions can be tracked) must exist.In the version that I described above, this is simply unrealistic. |
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Blockchain is a technology which can be adopted without cryptocurrency, as an individual, it can be used a security firewall for any industry and in the banking sector, it can turn as a savior.
Yeah a banking system can support financial support without bitcoin because bitcoin Is a virtual cryptocurrency and blockchain is technical platform.... That's why very often you can hear about the advantages of blockchain technology and not cryptocurrency.Although personally, my opinion is that the blockchain without cryptocurrency is meaningless. |
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Libra is dead in the water. The US Congress won't allow it. If they will, they will probably attach too many regulations on it that it won't feel like a cryptocurrency at all. Besides, having Facebook as the lead developer on this? It's going to be full of privacy holes in it.
There is news that most likely the Libra will not start. So why does the crypto community need it?I am totally against Libra.There are much more attractive and interesting coins.And most importantly decentralized. |
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The project is really promising,but 30% of blocked tokens are just a piece of guarantee for investors who become more insured against mass token sale.
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Hi today my friend invite me to join E-dinar. I'm still confused with its system but it looks like a pyramid scheme.
4-5% for every 7days and a lot of intensive for referral program. So is it what I think?
You know, in fact, all people are adequate and it is unlikely that they will invest in such projects. But the situation is that there will still be people, I assure you, who will transfer money to this explicit Ponzi scheme.There are really many naive and honest people among us .... |
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I am not sure about your statement, I am personally more sure that ico is diminishing, many ico users have switched to IEO. Well, maybe not everything will be but ico's reputation is really very bad. projects produced by ICO do not have good functions.
This is where you need to start. Investors actually are exist, just because of the scarcity of ideas and the real lack of working functionality, many do not want to invest absolutely in all ICO or IEO.It is better to invest in 1 project $ 1000 than to invest in 10 shitty ICO of $ 100.I recently became involved in the IEO from the exchange https://www.gate.io/.And very pleased with the results. |
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For sure 40% is too much. It's not the way to attract smart investors. Big bonus means low real token value.
I do not agree with any of your three statements.1-You say that 40% is a lot, but how much do you think you need to provide a bonus to attract at least some investors?.2-It is smart investors who invest their money in the early stages with great bonuses.3-There are many projects that provided early investors with bonuses and as a result, these projects are now keeping the price of their tokens at a height.Example: https://coinmarketcap.com/currencies/algorand/.Early investors could purchase tokens for 0.16$.Despite this, the token is currently trading at 0.56$. |
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It seems to me that now is not the right time for an absolute assessment of many projects.The thing is that many projects are developing and are not yet fully operational.In my opinion, the figure of 35-40% of dead projects is quite adequate.
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The following are reasons why i think its a bad idea to stop been a bounty hunter
1. Is it just me or it happens to others too?whenever i give up on something thats when that thing will make a good turn, the moment you give up on bounty thats when good projects will come around and you will lose the chance to acquire some tokens
2. Many keeps complaining about how bad some bounty projects are but if you keep choosing projects and you keep failing you will end up been a lot smarter when choosing next time unless you arent ready to learn.
3. Who says altcoin season wont return?many projects seize continues progress because of no altcoin season,i called these projects 'weaklings' but still there will always be good days no matter how long bad days stay around,altcoin season might take longer to come but im sure it will,what about you?
I want to say that refused to participate in the bounty only those who have accumulated sufficient assets and they started trading or started their own business.All the others participate and still hope to find good projects and wait for the season of altcoins. |
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Many talk about the trade wars of the US and China.Maybe there's some truth to that.A global recession is also expected,which has already begun.Since traditional Finance is closely related to cryptocurrencies,it is possible that this has also become a reason for lower prices.
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It is no coincidence that a technology that facilitates a lot of illegal practices is the technology that is have troubles gaining approval from world governments.
I read a recent publication that says, According to CipherTrace: Thefts, scams and other misappropriation of funds from crypto holders and exchanges have resulted in a $4.3 billion in losses in the year 2019 so far, and this will likely go on until there is sufficient oversight for cryptocurrencies and blockchain related activities because the world givernments cannot relinquish control to the masses in the way that the blockchain wants.
Regulations is needed to attain mass adoption
I agree that illegal activity provides a negative perspective to people who do not understand cryptocurrency. I agree that cryptocurrency is regulated by the government. With government regulations, people who are not familiar with cryptocurrency will think that cryptocurrency is not a tool for criminal activity but an official investment tool Why did you decide that the government can solve this problem? You just decided to give up and are ready for someone to solve everything for you?I believe in the power of the community and hope that it will attract people to the mass use of cryptocurrencies.And the fact that someone uses cryptocurrencies for bad things does not mean that absolutely everyone treats cryptocurrencies negatively. |
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Rather, the main reason of failure is the lack of business expertise. Majoriy of the successful ICO failed at sustaining their business because of the lack of expertise! It has no relation with bounty hunters.
Very good answer.Somehow all decided that all the troubles to blame the participants of the bounty.But in fact, not a competent distribution of funds and the lack of desire to develop the project actually lead to its collapse.So it is safe to say that in most cases the team that conducted the ICO is to blame. |
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and it is very slow.
Yes, but when you bought bitcoin for $ 3,000 and sold it for $ 13,000, you can wait.Because of this fact, bitcoin cannot be compared to other cryptocurrencies.None of them rose as much as bitcoin. |
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