Markets are irrational, especially crypto. We have had nothing but good news In the last 6 months and the price is down. Hopefully we have some terrible news soon and we may see a new ATH.
What are the good news you were hearing for last 6 months? ETF rejection? Cryptopia hack? Regulations? Scam ICOs? First time we heard ETF is rejected but it was under process and recently SEC will be approve ETF. He said last 6 months there are no good news in the cryptocurrency market it's absolutely true, Even we face some big shocking news like as cryptopia hack one of them. And definitely scam ico is another frustration.
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Hai guys now days people are really depressed this kind of new scam .They are Lost lot amount from this kind of format and getting only 40% return back.
1) ICO Stopped or Paused
2) Refund - When eth more 200 to 300 USD people invested some ICO now they are stopped and started refund now Eth price 95 USD .
3) Some ICO announced Soft cap reached successfully later their also follow this kind of refund method .
ex: Trecento , Humancoin ,Vanig and etc.
I think this is the correct refund method. When ETH price 300$ and you invested money in ETH pair not USD, So that project development refund your money following their rules and regulation. Why only 40% money back i don't know and i think it's happened in the few project.
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There are many airdrop coin owned in my ether wallet those amount like within 50-500 tokens, some token listed in exchange but if i set Gas Price: 15-20 Gwei. Gas price value is large from token worth this is bullshit that's why i can't sell those token. But now totally changing the aidrop method because it's refer system you can earn more tokens even more than bounty payment.
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Enjin Coin will be fully supported by new Samsung Galaxy S10, that is why this coin made 50% growth today. But still I see a big potentional here.
This is very excited news as a SAMSUNG handset lover. Already SAMSUNG confirmed 70% partnership soar with ENJIN coin. After hearing this news i bought 1400$ worth of ENJIN coin and kept hold until lunching all process complete. ENJ will be future brightest coin. So, i can strongly recommend to invest with gambling project.
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Before distribute the bounty hunters payment, investors and team members selling their coin when coin is going to live on exchange. Even bounty hunters payment lock most of the time. In the last month i received EXP payment but still hunters token is lock by dividend system but all investors and team dumping price -97%.
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Scam projects are very hard to understand as these scammers hide under the covers of anonymous nature of cryptocurrencies market to scam people. Therefore you must do a very high research before investing into any projects.
Scam project detection is really very difficult job, You have to spend huge valuable time. General members can not do it easily specially without research which is scam. Some scam project detector members try to find out when announcement thread publish. I think if Development team is fake that obviously scam.
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Risk taking is very good but I prefer to qualify it as " a reasonable risk taking is very great." We need to take risk as investors but we have to measure the level of our risk and again critically analyse what we want to undertake and to see that the risk level is considerably low
I think Reasonable risk you means which risk is more possibility to huge profit. Emotional risk always will be fail in the cryptocurrency which many times happened in my personal investment. Risk takers one day will be big successful in crypto. A lot of regret in the risk takers life but you have to forgot if start new thing.
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I don't think ETH will get back to $700 - $800 any sooner, probably no the next 6 month for sure. ETH will range from $150 - $400 MAX for long long time to come, along with BTC which will range from $5000 to $8000 MAX too.
Nothing able to create a new bull run like the December 2017 - January 2018, since there will be no outside fiat coming into crypto.
Your prediction level was incredible if it was almost 5 months ago from now. Now in the current market ETH price range will be 120$-200$ and BTC 3400$-4200$. No more big increase happen in this year but hopefully in the end of the year market will be grow if any good news coming.
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My favorite coins are credits ,they are aiming for 1m/tps and that would be their strongest weapon, the other one is stellar and lastly the hidden gem this 2019 btt.
Definitely CREDITS coin was future bright coin but a couple of months there are no update yet and mainnet will be process a short time. But investors not happy for this inactivity and some people FUD in ANN thread. I quickly sold out 2890 token because it's huge FUD in the coming days.
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recently, the hard fork of ether has been successfully completed. its scalability is greatly enhanced. its transfer fee will be much lower. now it is back to second place. i will consider buying some ether, recently.
Ethereum mainnet Constantinople fork is successful and release trinity alpha version. Just eth network is now very fast and fee is something lower. ETH rate is still red alert $134.22 ( -0.50%) https://github.com/ethereum/trinity/releases/tag/v0.1.0-alpha.23
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These scammers are also coming out quickly.
Feeling sorry for those who have been victimized by these scam projects but it's for all, even in real world investments there are people who aren't aware of what they are investing and becomes a victim of it.
It's only the matter of time when will they get back here. As soon as bulls come fraudulent activities will get back with a new strength. Victims are punished for their greedy decisions, so in some angle it's even honest. But remember the more people will have learned from the past and they will know how to choose a good project. it looks so stupid to determine if they are not learning from the past exparience of crypto. Learning will be never finish in the cryptocurrency market because very experienced people still making big mistakes and after that regret for that. But in 2017 was big learning year and we have to lesson from this year. Who guys holding everything for future those are now frustrated.
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A project is a scam if the team members are fake, and sometimes they will say that they already reached the softcap even they just only started thier token sale, and another one is no one is answering question on thier telegram group.
Even i see that many project team was real and project is looking so transparent, huge success but after token sell end they raised couple of million dollars and go to scam. And some fraudulent team assuring before token sell their token will be listed in the major exchange.
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Where to report a cybercrime?
Why you want to become a report in cybercrime whatever. If you are not a crypto legalized country than you can not any help from cyber crime unit or police. Because there are no laws will be work unregulated countries. Even more possibility to you can got jail or harassment.
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We've heard it many times and those leaks became a good business for others so we definitely need to be afraid and be extremely careful at the same time. But I think Facebook is still much dangerous than KYC because Zuckerburg sell all our datas like everything about us while KYC is just the passport.
I am not afraid of KYC, because I feel I have not violated the law. Without realizing it, our data is actually everywhere, including vehicle loans, home loans, Facebook registration, etc. So, think positively and always do without breaking the law so there is nothing to fear. Regarding cryptocurrency, when withdrawing money from a place where cryptocurrency is exchanged, of course KYC is needed. You have not violated the law that's why you never afraid to pass KYC. But Anonymous project developer or dishonest people in everywhere actually they can anytime violate to using your personal documents that's the big problem i think.
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I think the best security for keeping Bitcoin Safe is using the trust exchange floors. I was always using Coinbase for trading Bitcoin, ETH and not see any error and inconvenient. And you must have to setup Two-Factor Verification (2FV) to avoid the scammers to steal Bitcoin in your wallet.
undoubtedly https://www.coinbase.com/ is the biggest reliable exchange or wallet whatever. But in the big amount transaction coinbase will be frozen your asset it's happen a lot of times with me. Coinbase supported only 6 coin but i use for BTC and ETH. I holding my asset in binance exchange.
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Do you have any suggestions?
Instead of looking for an exchange with low withdrawal fee I would suggest to consider a reputed exchange. You do not end up again like Cryptopia. Although I am not ignoring the fact that legal hazard can happen with any exchange. It's always safer to keep your crypto in your own wallet. I agreed. Normally there aren’t big different between exchanges’ BTC withdrawal fees. Most importantly is to use a reputable exchange. Comparing withdrawal fees and the amount of BTC you own, I believe it is easy to see which is more valuable. Yeah that's definitely and we should to be use reputable and trustworthy exchange. Don't use random exchange for lowest withdrawal fees to save your money. Major exchange fees is quite high but you can assure to keep hold your asset and any transaction is safe.
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