Don't use centralized exchanges instead use those decentralized exchanges. But this problem starts through those because the volume from those kind of exchanges isn't that much.
That's the very solution that I can think so far but who knows in the future, there will be centralized exchanges that won't ask for it.
Centralize Exchanges require an audit report for their yearly income and finances, as this is the reqirement of securty exchange commissions. Because if they do not provide an audit they may be fined or their registration revoked and terminated. So maybe they need Kyc for this too. Although we all hate KYC, I think there is nothing much we can do about it right now. The centralized exchanges are legally registered as a business establishment in their place and because of that they are operating under the existing laws and regulations. You are right that a violation of these laws and regulations might put their entire business at stake because their licence could be revoked or canceled. The option that we have right now is to use DEX or maintain a minimum transaction amount. |
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Portfolio update. Your thought is really important for me
Cardano 22,91%
Neo 14,33%
Ravencoin 14,17%
Iota 10,38%
Ontology 9,66%
Nano 9,44
0x (zrx) 7,50%
Dusk Network 5,30%
Apollo Network 3,01%
Vidt 1,16%
Own (Chx) 0,62%
Morpheus Labs 0,58%
Lition 0,48%
Swarm 0,41%
There are altcoins on your list that I am not familiar. Cardano (ADA), NEO (NEO), RavenCoin (RVN), IOTA (MIOTA), etc are all great coins. I do not know about Lition, Own (CHX), Vidt, and one or two more. I hope you made efforts to study these coins before you invested in them. But I also would like to add that you should include more top coins in your portfolio. Bitcoin should have the largest slice followed by ETH. |
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The crypto market is decentralized, we live here as anonymous and free and we love it! But this KYC process is killing the anonymity of crypto! To invest in a good IEO you need to verify KYC, to do a good bounty project, you will have to go through KYC! But why? You guys are doing nothing with our KYC, then why you keep asking our identity? A selfie by holding my ID card, wtf! Did we ever ask you to verify your KYC when you launch a project/bounty? Why you are not coming with another option where a freedom crypto member doesn't need to show his face?
Ok, guys, now my question to you, Have you any idea what can be good to replace the KYC method?
That is definitely unfair. When a project is launching and asking investors for monetary support through ICO or IEO, investors do not ask them to appear in a selfie with a written note that they are so and so together with the current date and their signature, while holding their valid identification. And when the investors will receive the worthless tokens, they will have to undergo it first before the tokens will be finally deposited to their wallets. I think we need to scrap this KYC if that is the case. |
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Guys, let's try to figure out which altcoins can give a huge% growth when the entire cryptocurrency market flies to the moon. I have a friend who bought xem when it cost very very little and earned more than $ 100K on growth, I think that now there will be such coins that our pockets can make rich, you just need to know which projects have a chance, so let's offer each other options  Those were the days when the coins, almost all of them or the top 100 at least, will sometimes give a very strong pump that a 100% growth is very possible in just a matter of hours. Those days were the early days when there was only a handful of good altcoins and when the private companies and institutions were still very eager to enter into a partnership with popular crypto companies. The world is a lot different now. XEM used to be within the top 10. That is one of my preferred altcoins before. |
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We may not see such 1000% rise in price from bottom to peak like with the last halving of LTC, yet still, 200-300% price increase is a very possible thing.
A 300% price increase would take Bitcoin from the current levels of $9,000 to $36,000. I am not sure whether we can expect such a rise. I would say that the chances looks 50/50 right now. There is also a good chance that the exchange rates can go down (just like what happened to Litecoin, immediately after the block reward halving) So what you are saying is the the price might go up a lot or it might go down a lot after halving.  . I mean one of those comments will be right. People/groups buy and sell for various reasons. Smart money doesnt follow the crowd. Best case is to just steadily buy on predetermined timelines, and when it does go up just enjoy the ride. It is like those self-proclaimed experts in trading showing off their self-proclaimed expert technical analysis. They will tell you that this particular movement in this particular direction is probably going happen but everybody should also be watchful and brace for the possibility that it will also take the opposite direction. They will always be right and never wrong, which makes them totally worthless. Selling bitcoin before crash market maybe still possible because bitcoin price right now have down, although always end year bitcoin can prediction to higher price maybe is not available with this year bitcoin goes down. Without any confirmation with bitcoin adopt by big company and no country want to allow using bitcoin as legal currency will give bad price for bitcoin at the future. Do you have an accurate tool to predict when will the market crash? I bet you don't have it so you cannot sell your Bitcoin at the most perfect time. Year ends do not always give Bitcoin a better price. There is no such pattern if I am not mistaken. News about adoption will always be positive for Bitcoin especially if the company announcing is a large global company that has a solid clientele. A country announcing its support to Bitcoin is much better. |
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Well, if it is at least 5 years from now, it is very possible. But if you say that Litecoin will reach $1,000 in a couple of years from now, I cannot say that it is going to happen. Litecoin is less than a hundred USD as of now. The year will hopefully end with Litecoin hitting $150 or $200. So probably it will reach around $500 in the following year and the next year will have Litecoin reach around $700 or $800.
Possibly? Maybe in 5 years or a couple of years since everything in crypto sphere is possible the more people start to adopt Bitcoin they start to adopt the altcoins too. But looking at the Litecoin's current price right now makes me think that Litecoin have a way more time needed before it could actually reach that $1,000 just like how Bitcoin grow in the past. When you say that everything is possible in crypto it means two things for Litecoin. It could go high or it could go down. It does not mean that if people will adopt Bitcoin they will also adopt Litecoin. That is the wrong. And the numbers are showing that. If that is correct, Bitcoin dominance should not have risen very high despite the fact that outside Bitcoin there are thousands of altcoins. |
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Well, if it is at least 5 years from now, it is very possible. But if you say that Litecoin will reach $1,000 in a couple of years from now, I cannot say that it is going to happen. Litecoin is less than a hundred USD as of now. The year will hopefully end with Litecoin hitting $150 or $200. So probably it will reach around $500 in the following year and the next year will have Litecoin reach around $700 or $800.
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We may not see such 1000% rise in price from bottom to peak like with the last halving of LTC, yet still, 200-300% price increase is a very possible thing.
A 300% price increase would take Bitcoin from the current levels of $9,000 to $36,000. I am not sure whether we can expect such a rise. I would say that the chances looks 50/50 right now. There is also a good chance that the exchange rates can go down (just like what happened to Litecoin, immediately after the block reward halving) So what you are saying is the the price might go up a lot or it might go down a lot after halving. . I mean one of those comments will be right. People/groups buy and sell for various reasons. Smart money doesnt follow the crowd. Best case is to just steadily buy on predetermined timelines, and when it does go up just enjoy the ride. It is like those self-proclaimed experts in trading showing off their self-proclaimed expert technical analysis. They will tell you that this particular movement in this particular direction is probably going happen but everybody should also be watchful and brace for the possibility that it will also take the opposite direction. They will always be right and never wrong, which makes them totally worthless. |
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Back in 2017, many ICO projects pride themselves of having one of the biggest telegram community. Some of them would market it as a proof or sign that many investors believe in their project. People who have been around all know that most members there are airdrop/bounty hunters who only joined to qualify for the reward. I also saw one post earlier asking for telegram group members and one of the condition the buyer posted is that it "needs to look real". Anyway, this post is just a reminder to beginners in crypto. We don't want you to fall for these tricks to lure you into investing into their projects. Every one should be aware of this. The only potential victim to this kind of scheme are newbies. This is a good thread to remind the newbies that it does not mean that because a channel has many members, it is already legit. They need to be aware that members in telegram channels can be farmed, bought, or created for the sake of having high numbers. |
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Some bounty hunters quit because altcoin market is not in good shape but very few new projects still manage to enter this space in this so called bad time, my point is if new projects can take the risks why not same with bounty hunters? altcoin market of this year is poor no doubt but some bounty projects still become a success
Why waiting for altcoin season?
Bounty hunters should not wait for the altcoin season if their tokens are not showing any signs of growth or potential. If they think that their tokens are not going to pump even in the altcoin season, they better dump all of them before they will get to the bottom and lose whatever little worth is left in them. They need to take note that majority of the new tokens are not gaining anything good. Most failed. |
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It can be said because the number of Chinese users who hold coins is very large. But it is not necessarily possible to manipulate prices because there are many sharks in the world that can reduce or increase the value of any coin.
China has a huge number of bitcoin miners but this is not an enough reason that they can control bitcoin already. Bitcoin is not manipulated by anyone or any country and so its price keeps on fluctuating which increases or decreases its price. Once it will be controlled by anyone which i think won't happen at all, it's price will be stable already. China is neither very interested in Bitcoin itself nor its control. They don't care much about Bitcoin because they will be developing its own digital currency. They cannot control Bitcoin even if they will buy half of the total circulating supply. Bitcoin is not owned by anyone. And if China cannot find anyone in control of Bitcoin which they probably want to take control of, they cannot control Bitcoin at all. But they can influence Bitcoin up to a certain extent with its large market. |
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well, BNB , the first coin based on exchange.
and also the first have many many things inside, such as academy, charity , IEO and many more , the latest mission,they want adoption up to 160 fiat currency.
so about the price, probably as the time goes, 50-60 is possible.
$50 to $60 per BNB token is way too high. But I am referring to predictions within the year. If your prediction is good until the end of 2020 then that is probably within reach of the price of Binance (BNB). But if that is your prediction within 2019, I am more than sure Binance (BNB) will fall short of that price. OP's $35 prediction is more possible but it still depends on the movement of the bigger market. |
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Which one should come first? better to get through bounty before ICO/IEO fund raising or better to run bounty while fundraising is ongoing... Suggestion need
It is not necessary that the options will only be limited to the two. I prefer that a project should run a bounty campaign before the ICO/IEO is launched for people to have an ample time to read and study the project before they decide. It is also important that it is running while the ICO/IEO is ongoing so that people will not forget about it. And it is also important that the people will continue following the project even after the ICO/IEO is conducted. A bounty campaign would be of much help for this. |
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See above There is no centralization that will happen with Ethereum's POS. Everybody can participate in the staking for as long as they have the minimum number of ETH requirement. Unlike Ethereum shifting to POS, POW coins are somehow under the influence of giant miners that are holding so much power. And unlike POW coins, POS coins does not consume much of the earth's energy and contribute to the the warming climate. |
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how about libra? it depend how much they have advantages for our pocket. if give a lot of than other coin, im sire people will trade it
The last time I checked Libra don't have much advantages for people's and the crypto community pocket because it going to be a centralized coin pegged to some national currency and we still don't know if the coin will be implemented due to the stance of some government against the coin creation. There's no point in using it since we already have more than enough coins in the market already. There is no advantage to your pocket if you are thinking of gaining from it. Libra is a stablecoin, which means it does not grow in value over time. Again, it is not for trading because it is a stablecoin. It is pointless to trade a coin whose price does not even move up and down. It is somehow centralized, which is not most crypto fans' cup of tea. The utility of Libra however is largely different from many of our existing coins because it is somehow attached to already established services offered by Facebook and its partners. |
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yes I agree with op when the price of bitcoin rises high then people will save it and won't use bitcoin for shopping because they think bitcoin can make more money if it is saved and also they can use fiat for shopping. but if the price of bitcoin goes down or is stable they will start using bitcoin to shop. but actually in my opinion the price of bitcoin can increase as more people use bitcoin for payment tools.
In real life, most people won't shop using Bitcoin regardless if its price is high or low. It is only in theory that when Bitcoin goes down they will start using them to buy stuff in shops. In reality, one would not buy something and pay 0.001 BTC for example when a few days or a week ago that exact same amount would have given him 3 more. If Bitcoin is going down, would you buy a pair of shoes at a certain price when just yesterday you could have bought 2 pairs at the same price? |
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I would rather not gamble on it. I would instead focus on HODLing and quick spot trading every now and then. Options trading is hard in cryptocurrency due to its highly unpredictable price movements. At least in quick spot tradings, you are only to analyze the prices in the next few days or week at most.
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Sometimes, Justin Sun is too fond of hyping his own project and coin up that his attitude borders the likes of John McAfee's, who is often a mere nuisance. This man also loves twitter very much that he often twits something that he might not be able to make in reality. Who will forget his famous Warren Buffet lunch? There was already too much hype on that multi-million lunch when he suddenly canceled it at the last minute.
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Most of the scams that occur do exist in erc20 due to the easy token creation process. In my opinion, ethereum alliance must be able to prevent this fraud by asking the developer team to provide a guarantee or deposit when they want to sell tokens or at least ask for identity documents so that when fraud occurs can be quickly known. That would have been much better. But the freedom that everyone enjoys within the crypto world is almost absolute that everybody, even a dope addict and a 7-year old kid, is being given the full liberty to create whatever project they wish to, mint coins with supplies and value they alone determine, and offer in the ICO market which is also as open and free. |
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What if all those big corporates and businesses starts using crypto as a mode of payment just to avoid tax which will cause a direct loss to the government which uses tax for the betterment of the country. This might not affect corrupt countries as it doesn't matter because tax money goes to politician's coffers but what about developed nations?
Governments are going to be tracking cryptocurrency accounts. They probably already are but are a little behind in the technology. Bitcoin isn’t really anonymous because once you open an account at a store or exchange and provide your identification, all transactions can be traced. Bitcoin is only partially anonymous, not fully. But it offers basic anonymity that is already enough for the majority of the people. What do you mean by opening an account at a store? When it comes to exchanges, it is best if you can do it all at a decentralized exchange. If not, you should at least limit your deposits and withdrawals up to a certain amount that falls within the limit of an unverified account. |
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