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i dont know if it is a eth killer or not. but it is a fact that ieos became enough popular and they can be a good alternative to icos. in this case demand to ethereum may decrease so it can effect to ethereum price directly.
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i think the answer is yes. when crypto market become more popular and volumes get higher volatility will generally decrease. not for only ethereum but other major coins will be much more stable comparing to nowadays.
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Its been long I hear anything as regards development from NEO blockchain. I just want to know if you guys have heard anything recently about NEO.
well. neo will probably increase like ethereum. there must be more neo based icos and projects first. so there will be a natural demand and buy orders for neo. i think it can be happen as soon as market turns to bull. |
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i dont believe there are all foolish or low iq people. I accept there are so many. But there are clever ones and they already became rich and earned so much money in this crypto market. If you have a good strategy to earn money here, nobody can blame you about being a fool.
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it is hard to prevent fraud. especially in this kind of crypto market and crypto ecosystem that is mostly decentralized. It is really easy to hide your identity to make fraud here. the only solutiion is comunity have to improve their selves and be careful.
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Hey, what do you think of these alts? Would like to get the community's opinions.
In order of most favored:
NEO: (Personal Fav). Huge Chinese Crypto industry. Working with the government. Smart Contracts. Also GAS!
ETH: 2nd Market cap. First at smart contracts. Reliable. But they are falling behind hence second.
XRP: Riding the hype. Big company. Well organized. Centralized
Any other ones you would recommend (Preferably about 20 top market cap) ?
i also like the altcoins that are stronger and provide an alternative blockchain solutions. Like ethereum and neo. They are both good and have really big potential. considering the prices neo has bigger room to grow. |
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actually blockchain system and decentralized ecosystem is financially can support communist system. because both of them are against the traditional financial systems. they both try to find an alternative solution for the people.
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i presonally need cash. because it is hard for me to understand how much i spent when i use debit card or credit cards. so i prefer to withdraw money from atm and pay by cash everytime. ofcourse it is not the simple way but cash is more traditional and under my control  |
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lesson is you can never predict how long a trend will continue. entrance point or buy point can be look very cheap but if you buy it in a bear season it can go even much much cheaper so you may have to wait so long for market to recover.
That is true, that we cannot predict the crypto market and even everyone is very difficult to predict. However, if we are sure to buy altcoin for example and hold it until the market recovers, of course there are very many benefits that we get. Unfortunately, when bear markets occur. not many people buy and store their assets. Yes also true. But it is quite normal. this market is quite new and people mostly joined to this ecosystem very newly. so they are mostly want to be in safe side and try to exit when the market is reddish. but of course holders usually win with their patience. |
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lesson is you can never predict how long a trend will continue. entrance point or buy point can be look very cheap but if you buy it in a bear season it can go even much much cheaper so you may have to wait so long for market to recover.
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icos and nowadays ieos have good return and very fast return of the investment. But you have to be careful and choose the hyped ones not the ones that has no potential buyer. if nobody speak about it just dont participate.
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i invest in a promising newly born technology. it is quite normal that volatility is so high and the prices of bitcoin and other cryptocurrencies will go up and down so often. but i believe that the market will be so much valuable in the near future.
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i am not sure. i only know about my country. and so few people know about blockchain technology and cryptocurrencies. they mostly heard a bit about bitcoin but they dont know the details they know it only as a financial item.
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Bitcoin can be wortless. it is quite possible.
What we adopt is not bitcoin it self. It is blockchain technology, decentralization and cryptocurrency solutions.
There are and will be better blockchain currency solutions. And sooner or later one of them will start dominating and eliminate the btc.
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Decentralization. Everyone is talking about it. Can cryptocurrency lead to the disappearance of banks. Or will banks be able to adjust and remain in power?
i dont think it is possible. at least not possible in short or mid term. Because there are and there will always be people that prefer more traditional ways for payments and storing money. And banks sound more traditional comparing to cryptocurrencies. |
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Is it going to start with poor countries and their dictators?
Is it going to start in the USA with their SEC and ETF and everything?
Discuss.
i dont think that adoption will start from poor countries. because poor countries do not have enough opportunity to check learn and use the blockchain technology. I think the first adoptions will be started from developped countries. |
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I saw in my social media feeds that there's a lot of people now posting about free cryptocurrency that needed of kyc before you get a penny money. This people not think if it's will good to them to give their identity in any site for just penny money. Yeah it's free but your identity will be possible to use in any harmful doings.
Whats your thoughts about this?
i do not trust most of the teams that launch any kind of airdrop etc. so i do not share my private information about any of them. Either i never can dare to send my passport details to them. it is very risky really. |
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bounty campaigns were really very effective 2 years ago. But nowadays it is really so hard to get good rewards by joining them. so trading is the only proper way to make profit in crypto market. But if you dont have enough money to invest, bounty campaigns are the only way to give you some coins.
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FOR ME THE ICO SHOULD HAVE THESE CONDITION :
1) KYC
2) content should be checked nicely.
3) Facebook and Twitter accounts should be checked if they have real people or not.
I dont agree for the first one. KYC is not something that they can ask in crypto market. this ecosystem must be anonymous. It is ridiculous to demand kyc. But i totally agree that content must be checked nicely and dupe accounts and bots must be controlled and banned from the campaigns. |
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