Project sounds very much science fiction, it is difficult to understand if they really have the technological capabilities to deliver what they are promising.
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I mean, the dev team is eventually going to get access to the BTC at the end of the crowdsale, at which point they could just steal it all.
Actually in most of the ICO who will have escrow in middle have certain terms that will prevent devs from just running away scamming after ICO period. They need to deliver what they have promised in start to be able to get 100% of ICO investment and payments are made in parts to devs so that they will not run away and keep delivering updates and what is in their whitepaper. It that for real? In this case and only in this case am escrow would make a sense for an ICO. Could you please name at least one ICO which has used an escrow in this way?
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The point is that for the moment there is no better alternative to Ethereum's system of smart contracts and ERC-20 tokens. But you are right, many things suck in this platform, which is in big need of improvement.
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I know what a few of you are saying, the rapid growth is scaring me a little. As a trader I tend to avoid these things, don't fomo buy, if it's boomed, you've missed it, move on. However, I'm hearing so much about this coin that I wonder if like ether last year it's just getting started?
It is too dangerous to jump on a rocket which has already risen so much. A mega-dump could happen any moment, no way to know it - it is a pure gamble. I have lost the boat, I won't risk getting hurt trying to jump on board now.
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Myetherwallet is perfect, but even better is a Nano Ledger which works in conjuction with Myetherwallet - much better safety.
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99% of tokens and coins with ETHXxxx in the name nowadays are scams or useless. Just skip it and choose more serious and real projects.
Exactly. It has become a fashion recently to create coins which imitate the names of famous coins, and people fall into that deception. All scammy projects.
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For long term investment I would suggest you to give a look at Bancor. It is in my view a game changer for the whole world of cryptos and after a long ice age following the ICO now the price has started to go up.
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That's basically terrorism against cryptos, since your revenues in cryptos are already subject to be taxed, so it is not clear what this law would add to the status quo, beyond some additional harassment.
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If you buy good alts when they are still low and out of favor, you can make huge returns and if your investment is relevant, even become a millionair. Of course, I would diversify since you can't know in advance whcih alt will rise when.
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Even though I am regretting not to have bought this coin a few weeks ago, I wold never buy it after such a sharp rise. Too dangerous. Coins mut be bought when their price is flat or slowly rising.
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I guess one of the main reason is the opportunity it gives to achieve financial independence in a quite short time, something that no other realm of human activity would offer.
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i'll never invest it in even if it can be profitable, i dont invest in useless coins i mean... BNB coin KuExchange coin COSS coin etherdelta coin who the hell need them?
well, BNB coin gives fee discount and KuCoin shares give you the share of fees. etherdelta coins give you nothing and right after hackers attack crowdsale looks like a mockery. This is exactly what I am thinking too. Not the best timing starting to sell token shortly after having been hacked - not really the best promotion tool.
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Chosing a bounty campaign is always a jump in the darkness. All what you can do is to try to analyse a bounty campaign structure and match it with the quality of the underlyng project.
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Only for the coins which just made a 10X or 100X rise - which are obvious pumps. otherwise I'd say that a quite cool period for NOT taking a rest.
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The people you mention are very important in the world of cryptos, because they are the ones that lose the money that the others need to become rich.
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HOw can something like this happen? I mean, is it not expensive to credit all ethereum addresses with a token by default? Who has paid for that?
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Hello. Hindsight is always 20/20. i sold half of my nxt before airdrop and kept the other half for ignis. Lets see what the future brings. I try to minimize my risks
Cheers
I guess this is the best strategy to adopt, I came to the same conclusion but was not coherent enough to actually do it. Lessons for the future.
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Which is the reason of such an impressive rise in the price? I remember having been interested in this coin time ago, found it interesting but such an explosion....
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A shitcoin overtaking another shitcoin.
That's quite a nice one Not too bad for a shitcoin, er, two shitcoins, to reach 51 billions $ capitalisation!
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They must be coins still out of favor of the public, but with a good new idea, good tech and most important, a VERY GOOD team. These coins usually take off sooner or later.
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