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Well considering the continues commitment of the team behind the project mb8 coin will continue to recover and increase in price when it finally hit major exchange, the entire cryptocurrency market is down at the moment any way.
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This days I do more of staking then mining due to the high cost of mining, and since the market have been down for some time now I have decided to close down my mining farm and go into staking to cut cost.
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BNB is a great coin to invest in right as the market in recent day have being fluctuating, the market is down now and this is the right time to get unbound before the market recover and increase again.
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Transaction confirmation depends on network congestion at the moment of transactions and the amount of fees being used, waiting for 30 minutes to get your transaction confirmed is still OK.
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I have really missed out on great threads and it a great idea to have them in one place which will help newbies and even some old members that will find it hard to locate and read through such great threads, blockchain is such a wide industry that need lots of discussion's.
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Iny own personal view every currency is a bubble as long as it can be traded on the stock exchange and the ability to go against other currency which can result in it losing it value at every point in time. So not only bitcoin that can be term a bubble all currency can also be refer to as a bubble.
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I think bitcoin is the determinant coin in the market and at that it dominance is high due to the fact that bitcoin is what most of all other coins and token are traded with and it determined their price. Take for example when bitcoin is down against the dollars other coin's will suffer the same from the market situation.
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Well I don't believe in any person coming out to claim to be the founder of bitcoin as long as there is no 100% proof of that. Many have claim to be santoshi and at the end turn out to be false claim.
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Reasons why i prefer mining coins than investing a dime on IEO/ICO projects
1. My profits is assured.
I dont have to wait for a project to do x3 or whatsoever to get profits on my invested cash,with better mining rigs and good calculator you will know when your ROI will come.
2. No worries of getting scammed
I dont have to investigate an exchange before investing or wasting time doing research on projects before investing,all i do is mine ETH and sell for fiat or decides to hold for a little while.
This is your own method but to so many others love ke me we will do otherwise, I rather get involved in trading more then just mining cause it cost me less to trade then setting up a mining farm. |
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If ICO wasnt been plague by scammers acts ICO will way better than IEO, ICOs are programmed to run on the projects very own website and no any third party involvement at all so any fund raised will go directly to the dev or project team, no loss of funds to scam exchanges,after some successful IEO fund raise on some exchanges they dont bother to send the funds back to the project teams
I totally agreed with you, with the involvement of so many scammers in the ICO market in 2018 they damaged the image of the ICO market and in such given the chance to the coming on bord the IEO market but in joining this new market one must take the time to look out for a reputable exchange to invest in their IEO if not you lose your found in the process. |
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The growth domestic product of any country determines the value of it currency on the stock exchange and also the market value inflation rate and so on.
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The only way you can set up a service without kyc/aml is if you set it up as a hidden resource in tor or equivalent "darknet" site, or something entirely p2p like Bisq which uses tor hidden service for publishing.
The only place you could still set up services like that without kyc is in an unregulated country, which will no doubt get pressured to adopt regulations anyway.
In such site only the community itself can patrol funds origin, and you could end buying "tainted coins" (ie. stolen from an exchange/phished wallet).
Interesting times indeed...
Stop spreading misinformation. KYC is a thing made by paranoid people to extract personal info under the guise of protection. You just saying stuff but have nothing to back it up with. Are you some sort of lawyer or professional in this field to be making such vast claims. No one ever needs your KYC the entire thing is bs and directly supports crime not oppose it. You talk of the dark web. Go look how much KYC stuff is for sale there. IT just makes peoples KYC into a commodity and criminals will thrive off of it by steal trading and otherwise abusing it. Without KYC they would have no access to this info. You are very correct the dev should stop the misinformation because what he is saying has nothing to back it up and again am highly in support of kyc because it allow exchanges and other crypto sites to monitor their customers transactions. |
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Yeah your bank account tend to flag off red signal when anonymous individuals start depositing money into it suddenly, this in most cases call for investigation and once those buy your bitcoin don't have any record of financial crimes your account will be freed.
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Great to know you were able to rectify the problem, next time know that you will have to pay exchange fees before sending the payments and if there is no enough btc in your balance it can lead to such problem of less payment delivered to recipient wallet.
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Banks don't have the power to ban the sale of cryptocurrency in totality's, but can just withdraw the support for crypto transactions through their channels and that is because they are afraid of the capacity of the blockchain technology replacing they traditional banking system.
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