While I agree that crypto projects with real world use take time to get adopted in real world the problem facing is too many shit projects are trying to scam the people making them scared.
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Both coins are good coins in their own way with BNB likely to be good as long as binance exchange is at the top of the CC exchanges but I think the use case of ETH slightly edges it ahead.
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Ripple is a crypto currency which is run by a enterprises and is used for banking and cross border transactions so any coin which claims to do a soft or hard fork is a fake project
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The most important thing to look out for in a project when You are investing for long term is definitely the use case of the project along with the reputation and ability of the team members.
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I have already posted in another thread that there is little to no use in hunting for airdrops now days. The competition is so large and the rewards are so little that you end up with penny. Even the legitimate projects like stellar which started airdrop stopped as soon as they started saying too many fake accounts.
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In this day and age it is becoming very difficult to trust people. Sometimes even the best people you think you know suddenly turn out to be entirely different. It's same case in crypto currency projects they raise money act sometime till they offload in the exchanges and then they disappear into Oblivion.
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The most common method which is so stupid yet so many people Fall for this is that where the fraudsters would create accounts on Facebook and Twitter with similar handles to the projects and lure people into sending some money saying they will return it back to them multiple times.
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Yeah the sole purpose of token burning is to alter the price of the coin by suppressing the supply of the tokens in the market. It is kind of like an inorganic growth which adds nothing to the project /product that they are trying to develop. The only beneficiary are the token holders who bought it during the ico and lost their money.some respite for them.
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The problem that Bitcoin or other crypto currency like monero has a bad publicity of being used in dark economy is beacuse the real world adoption of these coins as a payment service is very rare.once they get adopted we will stop hearing about these. Also banking has it's once flaws now as well.
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I am always of the opinion that blockchain will be really useful In these gaming platforms which use special characters or items that you can buy . We can use blockchain to store them in a immutable ledger and that will prevent fraud and transfer of these items can be done through blockchain as well.
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I don't know if it's intended that way but yeah most of the projects bounty are turning out to be that way. Sometimes the project members prefer to extended the bounty duration just when the bounty is about to end by a month which is extremely unfair . And sometimes they just don't give bounty .
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Yeah these bots stay out of nothing. Originally it used to be the telegram groups which is flooded the fake bots with made up names who doesn't reply anything after joining. Now it seems that they are taking over the bounty threads and using that to do bounty hunting and increase the visibility of the projects.
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I know that USDT is supposed to be a stable coin which continues to equal to one US dollar what ever the price of Bitcoin is . But I have also read some reports that they continued to print unlimited amount of USDT during the bull run in 2017 so that can reap in the rewards . So be careful . Crypto is still crypto.
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There are some superficial projects which claim to implement artificial intelligence and machine learning inside the blockchain platforms. Blockchain is already in it's naive form and it has to take off . ML and AI are already in their naive stage as well . It will be difficult integrating them together .
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As far as the whole trading and market is concerned it's always about supply and demand. Markets will always go up and down and it will be bears and bulls in cycles all the time. Although the current downward spiral is something out of the ordinary and it is due to macro economic factors .it will get better.
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Integration of crypto currency into business transactions will be one of the main driving factors in the adoption of crypto currency in the real world. The while world is moving towards digitalisation and this is the perfect opportunity for crypto to enter the world and make it more usable by the common man.
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Welcome to the world of bounty hunting post the 2017 boom. Projects now a days offer very little bounty and you have to consider yourself lucky if they even get listed. No coin is going to get listed in binance because they demand high listing fees for the exchanges and No project what's to spend that amount.
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The most famous and easiest way to earn crypto currency is by getting them through airdrops but in these days it isn't worth it to participate in airdrops because you only get Penny. The other way is using bounty and there is a lot of competition for that but in cases you might get lucky and end up with decent amount.
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I don't think he or the binance team would start to get rid of the projects just because they have low volumes or create fake volumes. Of course they did it with respect to binance exchange but coin market cap is not a exchange it is just like a listing board which lists all the coins that are available to trade .
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Sorry if I am being blunt but I don't agree that it is easy to trade in the crypto currency. Even the most seasoned traders in the stock exchanges find it difficult to trade successfully in the crypto currency exchanges. The huge volatility and the whales make it extremely difficult to trade . Plus the 24 hour window makes usres that you cannot follow it all the time .
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