Due to the worst condition of the market mostly projects turn into SCAM because of their failure in achieving their target. Secondly, good exchanges charge for a listing of the coin so there again bounty hunters suffer they have to wait too long to sell their earned coins. In this condition only signature campaigns are good that are paying in BTC or ETH.
Scam projects aren't doing it because of bear market. If they want to scam they want to scam and the market has nothing to do with it. Most scam projects are built to scam like bitconnect and you have to see the difference between bankrupt projects and scams. Bankruptcy can happen to anyone and can be the result of the bear market. You shouldn't wait for the altcoin season. Any moment is good to accumulate and wait. Bull market can sometimes last for only 2 months. What are you going to do then? Rush all bounties at once?
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There's a potential in Cardano and I think you should also consider this coin because it's very similar to Tron and even following it as far as the market moves are concerned.
There are pros and cons of choosing Tron the main positive is that there's a lot of hype surrounding it but a lot of this hype comes from the CEO himself and the money he's spending on promotion. The same hype can disappear when the money stops flowing or the CEO does something to make the community turn towards another coin.
For me Tron is too risky.
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Not really. They have some cyber crime divisions and if you are strictly dealing with crypto and your whole illegal business model depends on it you may get targeted by them. Like if you are selling child porn on deep web for cryptocurrencies they will track you and also try to track the money.
If you get arrested for anything else like avoiding taxes they aren't going to look for crypto. They don't care what you're doing as long as it's not illegal and crypto is legal.
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Paypal Drops Pornhub Support, Pornhub Is Now Exploring Cryptocurrency Options
Pornhub said two years ago that they are building a platform to accept wide range of cryptocurrencies. What is strange s that it take them this long. They probably felt safe with fiat until now. They wanted to introduce more privacy for their clients but were getting a lot of money the traditional way and simply weren't pushing for the development of the project. Now it's going to get sped up because there's a real risk for their business. Every day of denied transactions means big losses. If Paypal denied them service for a week the losses would be bigger than the cost of the whole crypto integration.
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It's very simple. Big exchanges want a lot of money for listing coins. If a project team is wealthy enough to afford listing on Binance it means they mean serious business and don't want to scam people.
Big exchanges also sceen projects much better and are not easy to deceive. Some of them also have safety funds to compensate clients in case of losses.
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This is normal since the introduction of leverage trading. When you could only sell in anticipation of the dump the market was more stable but now every move can trigger an avalanche of bot sales and liquidated shorts. That fast move up and down looked like a short squeeze attempt.
Somebody wanted to liquidate people so he bought a lot of coins to pump the price but it didn't go very far and he saw that and sold everything he bought minutes earlier.
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Alts will never go to 0 that's one thing. Even scam coins like bitconnect are not worth 0 so a valid altcoin like ETH will never drop down like that.
Some altcoins follow bitcoin's price. You can see it on coinmarketcap when you go to the list of coins. One of such followers is BCH that always pumps alongside BItcoin and it will not go to 0 when Bitcoin goes to 100k.
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Maybe if you chose a decentralized stablecoin but it's still risky because you're trusting a relatively new project that hasn't been tested by enough people and for long enough.
If you're really ready to entrust your life's savings to a coin choose bitcoin. It may look like it's more unstable than stable coins but it's growing in value over time. Short term you can see losses but long term you will profit from holding your money there. A stable coin will not give you any profit and it's not much safer than a bank.
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I have think about this and i can't find an answer, how will you know that a team cares about investors without trying them out first? promises comes first from every project's team and you will have to give it a try to know the end game
The answer to this is very simple. You read comments and opinions of those who did deal with them and know something. If there's nobody like that you have to investigate yourself. For starters you can check if their photos and credentials are real. If they're lying about their previous projects and experience or don't want to give their real names it means they're not trustworthy.
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I'd say before because the most excitement comes before the project is released and people will have time to complete it and get rewards all at the same time.
The bad part of this is that they can be cheated and be rewarded in tokens that get dumped on the same day. If they were able to start a bounty while the project is running they could see if it's popular or not and if the bounty is worth their time.
Running bounty before the token is traded is better for the team but worse for bounty hunters. That's why you should put pressure on the team to pay rewards in a coin that is already on the market not their unreleased token.
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Thinking of a loss for me is foolish because it only leads to endless regrets. It might be good to experience and correct deficiencies in gambling but if to calculate the amount of loss in my opinion it is useless.
Regretting them is just as foolish as denying or ignoring. You should remember your losses and lean from it. Going into depression over them is bad but acting like nothing happened is just as bad. I remember all my losses and frequently check stats and bet history on different services. I run statistics to make sure I'm not too far gone. After all gambling comes down to simple math.
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Having BTC and using it properly for payment of products and services online is the purpose of Bitcoin being made which makes it easy to make payments with digital assets. But when we as traders, having bitcoin in our wallet won't hold it in too long, because trading has to keep going to get profit in every trade.
The Internet was made to help people in different offices of a company building send messages to each other and make communication faster. First computers were used as basic calculators. Satoshi had a great idea but it doesn't mean we have to follow his way and use Bitcoin as a currency. It can evolve into a store of value like gold or remain a tradable speculative asset it is now. All uses are good so long as we have uses. No uses would be bad
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Yes it is if the info comes from official profiles.
Politicians are using twitter and whatever people say on twitter gets quoted in other media including mainstream TV so people must be think twits are serious.
It's as good of a source as any because profiles can be hacked and manipulated. For me videos are always better than tweets or screenshots.
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I'd keep most of it in Bitcoin because no business will give you a potential for 500% profit a year. Normal rate of return for a business is maybe 10% a year, 20 if you're good at what you're doing and it booms.
Bitcoin can give you in 1 year what you'd need to work for a decade. You could be dead by then! In this life it's all or nothing. Go big or go home.
If you have to do it ask yourself what you like doing and do it. 60BTC is enough to start a software company buy a hotel or a restaurant. Your choice.
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The halving will increase the price in the long run but there doesn't have to be a pump right before or right after it.
The value of mined coins will be greater bou for that value to influence all the coins in existence we may have to wait.
People are looking at past halvings and trying to guess what will happen next and for that reason it can be different this time. Bitcoin usually does something unexpected.
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If we put it this way we'll always come up with a huge number.
You say Bitcoin is using as much energy as a small country. I say Television sets all around the world are using more power than a big country. Do we really need TVs to live? A world banking system uses a lot more. Remove all the banks and leave just server rooms and two way ATMs and the power consumption will decrease.
Bitcoin is not a problem here.
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My first answer would be because all of us can't be rich. When Apple or Microsoft were entering the market only a very small number of people were buying their shares. There's always a degree of uncertainty when dealing with new things.
You're reluctant to try out new food or go to a foreign country and you're naturally reluctant to put money into new things even when deep down you feel they could become big.
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Don't ever think of suicide. As long as you're strong and healthy there's always a way to make money and turn it around. I mean worst case scenario if you took a loan from some gangsters you can always work for them and make it up or you can sell a kidney. It's better to live with one kidney than die, am I right? Why did you do it? It's a nr 1 rule that you should never play with borrowed money because the pressure is too big.
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Like others said it depends on the game.
You play slots - pure luck You play dice like a normal person - luck you play dice using martingale -luck and money you play poker skill, luck, experience in this order.
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Even if there was an opportunity of gambling directly with bitcoin, I would have advised to not go for that. Risking world’s most precious asset in risky game like gambling will eventually become regret. Instead of wasting bitcoin here, it would be much better to forget about bitcoin for few months and then come back. You will be richer than your expectations. Bitcoin holders should recognize worth of their holding.
Someone wanted to become rich with bitcoin but is not willing to spend bitcoin as a currency is odd. Do you know that the best thing for bitcoin to happen is to become an ordinary currency just like fiats? The best way for bitcoin to become very valuable is to become the currency for everyone? Bitcoin will fail if everyone's mentality is like you. This is complete bullshit. Where do you see gold being spent like a currency? You don't! Can you say that gold failed because people have mentality of hoarders? No! I know that Satoshi wanted Bitcoin to be a currency but if it becomes digital gold and a store of value it won't fail. It will only have different use than what its creator had imagined. Gambling with bitcoin to hold the winnings is also a legit use.
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