Do not be fooled, Cov-19 doesn't disturb new project from launching, few new projects are using Cov-19 to make excuse, good quality projects don't see any reason to hold because of the pandemic, any project that do this should be considered as Controlled by weak team
Definitely, some unserious team of projects will want to hide behind the pandemic as a cover up for their weaknesses. When several people were saying it was the virus that caused the fall in the prices of coins. This was proved wrong when the market began to gain momentum again even amidst the increase in the number of positive cases across the globe. So, no serious team should use this period as an excuse if they have some thing good to offer. |
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Hi All, a friend send me a message with info about a new token name NLC (Night Light Coin) with domain nlccoin.com
But the condition to receive the token airdrop is have to transfer ETH to this address: 0x36afEe66EA8d6a99A9c6c7e676D512eA4A19bC83
I'm not sure if this project is real or from any scammer to cheat everyone. Please give me some advice
Thank you
My friend, this is a very pure scam. Any airdrop requesting for a certain amount of ETH as a withdrawal fees is created by scammers. If these scammers raked in for example 0.02 ETH from around 10,000 participants. Isn't that an handsome amount of dollars. Never give in to any airdrop asking for such. |
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Hello friends, I want to know whether it is right to join bounties?
I have seen many threads where people say that your account should be kept clean.
Does the bounty task (Reporting) spoil posting history?
Actually, I want to rank up my account and do some earning, Is it possible both can be done?
Please help me with this what should I do?
There is nothing bad in joining bounties at all, even through signature campaign of bounties, if you write quality posts on the thread, you can scale up your merit. The problem comes in at times when one joins fraudulent bounties frequently. This can bring some reputation damage to the account even negative trust at times. The summary is, join good bounties at least to some extent and post quality posts. |
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Bounties is all about luck this days, staying away from scam projects is another topic but I'm here to clarify that listed bounties don't have anything to do with payouts every time, meaning that just because a bounty project is listed on exchange doesn't mean you will get paid, hunters can prove me wrong, few listed bounties already disappoints.
while you are busy looking for listed bounties make sure to check on none listed bounty projects too, remember that Cartesi was never listed and no one knew that they will list on binance.
Yeah, you're on point, good paying bounties nowadays are somehow had to come by. But it's not totally about luck getting good bounties, it's more of a function of proper findings to get one. Hunters tend to believe in bounties already listed or IEO confirmed on big exchanges, some might disappoint truly but percentage is very low compared to those just coming in fresh. |
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Generally we want to learn from you. Its important we review the year and probably correct our mistakes in 2020.
Regards.
2019 was actually a year of high expectations for me. I was expecting some pumps on some coins I was holding and I was expecting good pay bounties. However, it was only about 30% of the expectations that came through. I participated in a lot of bounty campaigns and airdrops, but many of them did not pay as expected. With all these discouragements, I cannot forget projects like smartfund, dabanking and few others that made 2019 worthwhile for me. |
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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.
This issue of KYC in crypto really baffles me a lot. Honestly I'm seriously sacred when sending my docs for verification, especially nowadays when lots of scammers with shit projects are emerging. Some just use these data to deceive exchanges so that they can get listed and scam people eventually. How safe are our docs in the custody of these projects. May be I need to go and perfect my Photoshop skills too and stop sending in my real docs. But is it possible to Photoshop KYC document that has selfie? |
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Why do we blame hunters and not the project teams for some initiatives taken by them. But also many thinks crypto hunters are greedy and cheaters but I see it as smartness, they always find loop holes to get their way through. Some finish a project and are richer than most investors(Hunter's Syndrome)  . So I always say don't feel sorry for a hunter since as their name suggest they could easily kill a project with one shot lolx. Sometimes I just follow project campaigns rules and laugh: * Some years ago many project had no KYC *Now various project are doing all sort of KYC from ID's, passport, videos, audios etc yet still HUNTER will Always be a HUNTER All that a HUNTER want is to make his or her lifetime MONEY from a single project through any fair and foul means. I know a time will come we will have to follow up in person's to company's office for our reward to curb this behavior. How can we cure or tame this Hunters Syndrome? I think this could be true to a greater extent when we have good paying bounty projects. However, this time around, if an hunter make his her way through some multiple accounts for example, sincerely the probability of that amounting to exercise in futility is very high. The hunters syndrome as you have named it do not applies to all hunters. |
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As a writer, this question keep reverberating, however. The truth is that bockchain is opening new frontiers that has seen our reliance on centralized system of operations mitigated. It has entrenched the decentralized system to quash the centralized system. One of the greatest things about blockchain is that it gives us freedom and equal rights. Blockchain is creating a world where anyone, anywhere may express his or her beliefs, no matter how singular, without fear of being coerced into silence or conformity. A world where anyone or anywhere can express his or her beliefs, no matter how weird they are, without fear of being forced to be silent or obedient.But at that time due to technical limitations. The technology that puts this idea to work is the blockchain. The blockchain has five basic fundamental characteristics which includes decentralization, openness, autonomy, information tamper-proof, and anonymity; if you ask me these has been instrumental to the new world order, bringing about sweeping global changes that has continued to innovate and revolutionize the world.
The blockchain technical savvy architecture is an open distributed ledger capable of recording transactions of two parties securely and efficiently. Of course, following the fact that it is distributed, Blockchain is typically managed by a peer-to-peer network working at the same time to provide solution capable of trashing integrated mathematical problems with the aim to validate new blocks
I strongly want to believe that it has started doing that. This is a technology that looks some how foolish in the sights of many people, but rate of adoption has actually improved greatly from 2009 till date. From this, people have began to have a rethink that, if they don't embrace it now, they might be one of the late adopters or have themselves to be blamed later. It just need some time for significant revolution. |
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Is it possible to remove tokens from dead projects/tokens that are totally useless and worth $0 from my wallet? Do I just send them to a random address? I don't want to burden anyone else with those shitcoins  Definitely, you're the owner of your wallet now, you can do whatever you like with the dead tokens. But according to the second respondent, you may need not waste your precious gas on those useless or decorative tokens, if you're using imtoken for example, you can just disable them instead of wasting gas on them. |
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For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3? Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap So which one do you trust more? I so much trust the information given by both platforms, however, I began to notice some disparity, fake volume on CMC. For example, recently I was trying to check for the price of GoalTime N (GTX) token, on CMC it was $0.4, but when I checked it on coingecko, it was $0.00095. It was that of the latter that corresponds to the price on the exchange. Why these disparities??. |
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Scammers in Telegram, well, there are scammers without Telegram, just why position a beautiful creation like Telegram with scammers, Telegram is a multi-functional tool with the ability to create a bot and a lot of other functionality, but as the question comes to do something useful through Telegram, many say telegram and there are scammers.
To me, this is hasty generalization. There is no platform that is totally pure itself, there will always be some bad eggs on every platform, though there could be higher rate of it on telegram because of some functionalities such as BOT that permits such. Everyone has purpose of using a particular platform. But we have a great responsibility to avoid or block gimmicks of the scammers. I can't count the number of scammers that private chat me that I have deleted their accounts on my telegram. Let's be more watchful and less of greed. |
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Ethereum has suddenly decided that’s it going to banish coronavirus blues for us and make us all happy, and what I mean to say is that we’re witnessing a nice upward movement in Ethereum prices, which is bringing much needed relief in these troublesome times. Also I do believe that we shall witness more upward movements soon in Ethereum prices, and hopefully it’ll break the $200 mark by April end and then continue it’s upwards journey. Source: https://www.newsbtc.com/2020/04/17/ethereum-is-seeing-largest-bullish-divergence-in-years-as-traders-go-long/Honestly I did not expect that ETH can rise up to this kind price this time around. All my thought was that, before things will start change for better, probably it will be after or towards the end of the pandemic, though not the disease that affected the price totally. Anyway, I'm so glad that if this can be happening at a very challenging time like this, then there is a strong hope in ETH that it can survive any hard time. #hopealive #upeth |
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I have seen many exchanges have launched their own token like Binance with BNB, Idex with IDEX, Hotbit with HTB, Yobit with YO etc. where exchanges use their own tokens as another way to pay fees to support token. In addition to it, different strategies are used to create a hype like decrease in supply etc.
But if an exchange goes through a hard period of time and shuts downs then ultimately that token will come to its end because there is no community other than that exchange supporting the token simply because it has no usage outside the exchange.
According to me exchanges should promote the usage of their coins/tokens outside the exchange to build a community in support of it. If your community consists of huge individual entities who believe you then a great community can be formed. Otherwise lack of applications would lead these things to disaster.
I am of the opinion too that exchange tokens should have usefulness beyond the exchange of origin. By this, they will have more values and attract more investors. It's only tokens of well established exchanges that are still having good values, many others have almost become zero. |
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Indian Govt. Lifts ban on Cryptocurrency
On April 6 2018, the RBI had asked banks not to transacts with crypto exchanges.
But, now after almost two years since it first decided to hear the case, Supreme Court of India left ban on Cryptocurrency and its trading, A historic day for the Indian crypto communities. Indians can now innovate the entire country. The whole country can take part in the Blockchain revolution.
Finally Indian's banks could now go back to dealing with cryptocurrency Buying, Selling, exchanges, tradings and transactions.
Very good and encouraging news to hear in the crypto sphere. I want to believe this will increase crypto adoption and also signals to other nations still warring against crypto. What I used to say is that, it is just a matter of time, those criticising crypto now will still accept it and they might have themselves to be blamed for being a late adopter. |
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Ethereum has been steadily on the rise for a good while now, and this first half of Q1 2020 has proven that they have brought that same energy into the new decade. They have started 2020 with a bang, more than doubling in value in just 2 months. There are quite a few factors that have come into play to make this a winning year for Ethereum and here are just a few: https://thecoinshark.net/en/5-reasons-why-ethereum-is-winning-in-2020/amp/ What do you think we can expect to see for the rest of the year? Although nothing is impossible in life, however the possibility of ethereum overtaking bitcoin will look like mission impossible. Ever since I have been in crypto couple of years back, I have only seen ethereum overtaking bitcoin once and this only lasted for some hours. May be there were other time I did not witness. It's going to be a tug of war for any altcoin to overtake bitcoin. |
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As governments are gearing up to have COVID-19 apps ready for contact tracing and diagnose attestations we, the public, are afraid these apps will end up compromising our privacy. Privacy In the blockchain communities I'm active this is a very hot topic. We should not just sit still and wait for the usual suspects to force intrusive apps on us. What we can do is carefully craft the alternatives which are designed for privacy and self sovereignty. Open Source The international team of The Verus project resides partly in The Netherlands and decided to extend the blockchain driven self sovereign digital ID VerusID with COVID-19 specific functions. To be clear, the whole Verus project is 100% open source. Dutch Ministry of Health, Welfare and Sport As I became enthusiastic about this effort I helped the project to apply to the Dutch Ministry of Health, Welfare and Sport for the what they call "market consultation". So good news! There is at least one 100% open source app in their market consultation. Read more at:https://www.linkedin.com/pulse/covid-19-app-without-compromise-bart-van-maarseveenCreating a contact tracing app doesn't mean it should be built on block chain technology, whereas am still wondering how this is going to work. We need aggressive research now that will come out with a lasting solution to the pandemic. Another view of mine is that, this might be another news from potential scammers!!!! Just thinking anyway. |
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I know it's cliche, but I wanted to post this for newer people. If you don't control the keys to your wallet, then they aren't really your coin (i.e on exchanges). When you make a new wallet that you intend to keep funds in, please make sure to always backup your wallet seed. It's very important because if something happens (such as a hard drive failure), you will be able to recover your wallet and funds.
I think it's a basic thing to know actually. That should be the first lesson before opening any wallet address I believe. I could remember, one stupid mistake I made then, sometimes ago, when I updated my stellar wallet app, I didn't know what went wrong, the updated app didn't restore my wallet address and unfortunately I didn't back up it's PK, that was how I lost all the assets I have there. It's good to be meticulous in doing things. |
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There's no denying that this is a wild time that we are currently living in, and during wild times like these people tend to get desperate. Unfortunately desperate people combined with panic create the perfect conditions for scammers. The FBI has officially warned traders that there will be a rise in “cryptocurrency-related fraud schemes”. Here is why using caution is best practice for crypto holders amid Covid-19 scams: https://coins.newbium.com/post/30356-crypto-holders-beware-the-covid-19-scammers I want to believe that traders that often visit this platform shouldn't be easily scammed with this covid-19 stuffs going around. We have been warned some weeks ago of some unscrupulous elements that is taking the advantage of this pandemic to scam people by creating some fake coronavirus coins. Unfortunately, some fell victim before the developers finally disappeared. We should just take more caution and steer clear of any donations or trading relating to this. #staysafe |
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Hello
Recently I started looking into new projects as I have some free time and I'm wondering what do you guys look at when you are deciding which altcoin to buy and hold.
Do you know any projects that you believe has a bright future?
I hear a lot of people complaining that they bought coins that were either dead in a few weeks or the project was pointless. I would like to avoid such situations.
Thank you in advance.
What I do is that, I don't really trade on new coins for now, because I have not really have enough experience when it come to trading. Better still, I monitor the price of the established coins, like top 40 on the coinmarketcap for a while before I decide on which to trade. Besides, I try to trade minimum of two so I can spread my risk a little bit. |
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How do you survive in the current market situation?
If the bounty project is no longer profitable, what do you do now?
Well I believe there are numerous ways of surviving. These are parts of want I do now: 1. I take some online classes on how I can further monetise my knowledge through digital products. 2. I play some online games/nettings 3. I still participate in few bounty campaigns 4. I do google ads business 5. I still do few airdrops, among others |
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