Thanks for your efforts to make people of scam projects. Your effort is praiseworthy and we must join hands against scams and hacking. Scams and hacking has become a really big concern lately with many incidents of hacking and scams reported. Apart from regulations that should be in place at the earliest, we, bounty hunters, managers, moderators and all, should come together against them by exposing their fraudulent work.
|
|
|
I do not see Binance is monopolizing the market. In the market is free and competitive, binance coin is growing by winning the hearts of a large crowd of the people, investors and traders. Its short span of time witnessed a vertical increase in price. It means the coin is accepted by a large mass of the people. Soon, the coin will surely stand in third position in the coinmarket cap.
|
|
|
It will give me a solace when the market is marked green with all coins increasing in price. It is just because I have suffered a big loss and I am desperately seeking ways to recover my loss and gain some profits from the crypto market. But opportunity I have not got that chance so far. But I have hope in the year of 2019 to recover my losses.
|
|
|
It is true that many people have become riches through crptocurrency. It is through crypto trading or participation in bounty campaigns and airdrops. So it has become a viable platform for providing jobs to jobless people at large. But this is a good part of this market. Some bad aspects are like some people have suffered a loss. So my advice is participate in cryptocurrency and bounty campaigns without much expectation and leaving all your other jobs behind.
|
|
|
Unfortunately I have not got such projects that are worth investing and campaigning. So far I have not made more than $ 500 from over a dozen projects I have participated. The truth is that those bounty hunters who participated in bounty campaigns in 2017 and 2018, they were very much lucky as the market saw golden days. But the market is down at present. So are new projects.
|
|
|
Again regulation, I think it has been years people are talking about hacking and scam. But it seems no concrete action has been taken in this regard as scammers and hackers are walking free. They are such virus for the entire cryptocurrency that they will destroy the market in the long run. So keep this in mind and introduce regulations.
|
|
|
I also believe whatever bad is going on in the good crypto market, be it scamming or hacking, regulations may help. And it is high time controlling such hacking and scamming to retain the good image of cryptocurrency. Many people may think regulations will affect the market. Yes it will affect, but only for short term. In the long run, it will help.
|
|
|
It is not a matter of a new or old coin. It is a matter of delivery a coin can give to customers. If a project fails to delivery, it may disappear irrespective of its newness or oldness. So in free market, new or old are welcome. If new projects hit the market with much to offer, obviously they will beat already established coins that are failing to deliver.
|
|
|
To be honest, I still cannot believe Facebook is issuing its own digital currency until an official statement of the social media giant comes by. But I do not mean that I do not have trust in cryptocurrency. I am a strong supporter of cryptocurrency. But regarding a coin to be launched by Facebook, I still have doubt. If this happens, it will do miracle.
|
|
|
I sometimes trade hyped tokens but only for short term in the hope of getting more profits. But often time, I have found some great ways for me like bounty campaigns, airdrops and day to day trading. Bounty campaigns give me a platform where I can get free tokens. Sometimes free tokens yield me more profits if the project is found to be a good one.
|
|
|
Without dream, there will not be big achievement. I mean when you dream big you can get something big. Your dream pushes you to act and move towards your goals. So I always dream of benefiting from the crypto market. Only then I can get move on despite facing losses. In fact I have suffered a loss, but I have not lost my hope.
|
|
|
Sad news. And we are very sad for it. But the fact is that there is rampant incidents of hacking and scamming. But it seems no authorities are concerned about it. I have heard BiteBTC exchange is openly scamming traders out of thousands of dollars. But no action is taken against it so far. As for you, I think there is no way out unless authorities take some steps.
|
|
|
I think the perfect solution to crypto scams is regulation. The crypto community can introduce regulations themselves, if governments are failing to do so it seems. In fact the market has lack of regulations giving leeway for scammers and hackers to run their business freely. There are many instances of scammers scamming traders and investors openly. Why they can not face punishment? Lets think this issue very seriously.
|
|
|
Yes it will be a win-win solution between bounty hunters and projects. If project management pays in Ethereum and Bitcoin, it will help eradicate their fear of the fall of their products (tokens) allegedly due to bounty hunters. But in fact, for me, the blame is partially true. But if the project itself is good, then token price will increase ultimately despite mass sale off. So do not blame entirely to bounty hunters.
|
|
|
I can understand your problem. But there is no point in only about complaining. Rather you may do hard work to increase your rank from Jr member to senior positions as there are no ways to correct this old system and the system of stake allocation by crypto projects. So It will be better focusing on posting quality posts to get more merits.
|
|
|
I do not like to hold coins as I am particularly interested in trading rather than holding. The people involved in cryptocurrency just say hold, hold and hold. But holding without knowing the market situation may land you in loss. So you should have a clear knowledge about the market and cryptocurrency before blindly following their advice.
|
|
|
I have experienced a big loss and sometimes I do get bored of involving in cryptocurrency. But I do not have any other option than recovering my losses from the crypto market itself. So my hope of recovering my losses and earning some money will always encourage me to keep going and going. So I want to ask all not to get fed up, but just move on.
|
|
|
I think Deeponion may or may not be better than monero. But monero is old and already established coin which has managed to win as many as traders and investors. So its price has surged so much. But Deeponion coin is struggling to get established in the market. Though it is good and its technology is like monero, it has to go long way to beat monero.
|
|
|
I think investing in cryptocurrency is risky. Not only in cryptocurrency, there is a risk to invest in any other sector like stock exchange. And without risk, there may not be opportunity. I think investment in altcoins not enlisted on the top 100 chart may not be riskier than you think. There are many good and worthy of investment coins that are underrated and undervalued.
|
|
|
It maybe coincidence. I believe luck plays a bit role when it comes to cryptocurrency. I mean there are hundreds of coins, and we are often unknown about which coin will reach the moon. So we have to make a choice. As far as I know Ripple is one of the best coins doing well in the market and it may not disappoint investors in the long run.
|
|
|
|