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Dumping will only create an impactful damages if there are no solutions or system put in place to buffer it. Blockchain is currently doing a 125million usd xlm (stellar) airdrop which started since fourth quarter of 2018 yet I see no major dumping impact on xlm prices. Teams must have a buy back buffer option just like Aergo did too
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I just was brought up to speed on groups of people sending in fake/Photoshopped ID's by scanning public records to defeat the KYC process and it seemingly is very easy to do. It appears that many people sent in fake documentation to the Bob's and Polymath KYC and had no hassles. How do these companies verify people if all they have to go on is public information? Did they even really check the ID's or were they simply collected the data? How rampant do you think this is? How many of us are complete fools for turning in our documents when others simply faked it. Now they have our data and the people who faked it are still secure.
NOT FAIR.
I believe some KYC are just a process to collect public data and very little of it is verified. The current best form of kyc is the type implemented on blockchain where there is a need for an individual to be captured live on video. This form of kyc is fool proof and should be used by kyc companies |
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I am of the opinion that cryptocurrency exchanges should be open about their listing fees rather than leaving participants guessing. Some project developers after collecting over 20million usd from ICOs will list in a shitty exchange and claim they paid exorbitantly for it.
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At first, I never believed in crypto because I felt its another mavrodi ponzi scheme until I learnt more about it to discover its actually a peer to peer transaction platform with different cryptography. I understood the technology might be the next best thing after internet and adopted it.
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As we all know still exit scam ICO's are victimizing investors including me in my frustration I wish these people be killed or if busted they must sentenced to death Penalty are you favor of it.
Death penalty might just be an inhumane punishment. A long jail term will be enough to deter other criminals. But one thing is to enact a law and another is to enforce it. So we would need a strong body to diligently carry out the law |
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With recent happenings in crypto currency regarding token sale,
i think icos are beginning to find their feet because binance conducting the crowdfunding event for BitTorrent and Fetch.AI has raised the hyped again.
And now, Bittrex has also announced a crowdfunding event too, an IEO,
so can you give your opinion on whether IEO or ICO will survive on the long run
It is a better alternative to ICOs. With IEOs, the exchange ensures its a real team, investors are confident of exchange listing and no more uncertainties with ICOs. This is why investors have grown confident of IEOs in the last few weeks |
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Asides transaction uses, the best utility of stable coins which I often use is to hedge it against btc and ethereum volatilities after trade. It saves investors from risks and provide an excellent mitigation option during crypto to crypto conversion
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While observing the crypto-market, I have my activities mapped already and I will spend most of my time Learning Technical and Fundamental Analysis. I have invested in some security tokens as well with maturity time in 2020.
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A lot of individuals heard about Crypto and Bitcoin in 2017 and rushed in. Bitcoin prices skyrocketed to over 20k usd but alas when the market retraced, the newbies jittered, developed weak hands and dumped their coins. Many have left the crypto sphere after the disappointment. I urge newbies to always read vast on any investment choice they are about to make in crypto because, its indeed not a get rich quick scheme
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Many people around me are still saying that the last bullrun was nothing but a bubble and it got bust so we are never going to see any anymore that the present market condition is just realistic? I'm not saying its not realistic but is bullrun gone for good ? Please share your opinion
It's not a bull run but a rebound from the worst bear run cryptocurrency market has seen. Bull run is expected from 2020 up to 2023. Nevertheless, the slight recovery is an indication that cryptocurrency will thrive and we enthusiasts should have faith |
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I'm here today to drop my own point about how KYC should be use
- KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges
- there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
This might just be a good suggestion. Since kyc is an anti money laundering process initiated by countries to track and checkmate money laundering, maybe it should be required of big investors to monitor their trade status |
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I think there is a way to fix this dumping problem plaguing crypto space ,its very annoying to see dumpers dumping coins or tokens at a very lower price than that of the ICO price ,dumping kills coins easily ,I think developers should have some kind of deals with exchanges that won't allow people to dump coins at a particular price ,what are your thought?
My solution is this 1. Have a buy back plan (call it marketing money) or pay bounty hunters or airdrop participants in btc, eth, ppt, usdt or other stable currency. This is your marketing fee and when you dodge it by paying hunters with your native token, it surfers a dump 2. Don't give away ridiculous bonuses during sales 3. List in reputable exchanges with real trade volume and responsible market |
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Certainly no. I bought some bnb coin today at 14.87cents. Not because of the upcoming IEO but because of a lot of developments on bnb Roadmap necessary to give a higher ROI. Binance Dex up, coin burn till 100m total supply and Binance chain are all huge influencing factors
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Are you dreaming to launch your own coin and ICO? How would your project look like? Which problems would be solved? How would you call it and which abbrevation? (like Bitcoin (BTC)) Would you do a big Bounty and Airdrop to make your project famous? I'm curious about your plans of creating a new ICO project and your own coin.  No. Despite knowing what it takes to launch self own cryptocurrency, I still do not want to go through such because I am against the proliferation of cryptocurrency market with meaningless ICOs or project which has similarities to existing projects and do not contribute to the progress of the crypto industry. We should be more concerned in how to lend support to already existing projects to further foster adoption |
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I have big hopes for this coin, because in my opinion ETH is the most undervalued coin at the moment and it does worth to be on the top of crypto currencies market. We need to give the devs some time to improve it.
In fact ETH is no longer as great as it used to be, there are now many altcoin growing and developing strongly. ETH is in danger of collapsing and other altcoin will take the No. 2 position of ETH soon, EOS, BNB, NEO .. are the biggest competitors of ETH today |
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Of course ETH is the best altcoin so you can buy and hold. But besides that there are many other good choices and you can find out. Just look at the top 30 altcoin in coinmarket, all of them are the best altcoin
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They are like you, not sure about this market and they just say their thoughts. It is best to have a personal stance and trust this market
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Of course, these ICOs are successful by Binance. If those ICOs are not listed in binance, I believe they will fail and cannot succeed as they are.
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Because this is a small and free market. It is not protected so the price can fluctuate greatly in a short time. And that is a great opportunity for everyone to make a profit
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