I have been looking through the forum for potential bounties this week and most look like absolute garbage or rehashes of coins we already have. Are you guys experiencing this? I wen through about 20 projects and didn't find one good one. Looks like the days of grabbing a bunch of ICO's and hoping for the best is over. There is way to much garbage out there right now.
Yes, now there are a lot of ICO garbage projects, we need to agree with this. However, even now there are some good projects that you can join. At this time, when the crypto-currency market is almost a year old, it is bad for the ICO teams and the participants in the ICO generosity campaign. In addition, now the validity of the ICO is very long in time and is almost in all cases no less than three months. This, on the one hand, is due to poor collection of funds during this period of stagnation, and on the other hand, ICO teams hope that by the end of the year the crypto currency will rise significantly and their new tokens will also grow in value. |
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There are more than 1000 altcoins in the market. What do you think for the most stable altcoins?
Decentralized crypto currency can not be stable by its very nature. Its price is formed exclusively on the basis of the supply-demand ratio, which are never constant, because they depend on many factors and, above all, on the contradictory actions of millions of market participants. We can call stable only USDT, which always has the price of one dollar, but this coin can be called a crypto currency conditionally, since it is more likely to be called a digital copy of the dollar. |
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Those who think that Ethereum is better are because they believe in technology more and believe in what they can see in front of them. People who believe in Bitcoin are because they see Bitcoin being widely used and highly recognized!
In my opinion, it is better to believe in technology and what we see is real in front of us than believing in what the masses of people simply believed. However, while bitcoin and ethereum still remain attractive for investment. Only a little I prefer the ethereum due to the fact that this coin has fallen very much in price without any reason and it can better grow in price than bitcoin, which already has a high cost for today. |
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A high percentage of so call predictors predicted this year that bitcoin will drop to some ridiculous price like 1500$, 2000$ and so on I hope the can see that bitcoin is an established coin and stop causing panic amongst traders
The price of bitcoin is affected by a lot of factors. Therefore, it is almost impossible to predict its price. As far as I can remember, before the growth of bitcoin in December of last year there was no prediction that it would reach $ 20,000, as there was no prediction of a drop in its price to $ 6,000. And now there are absolutely conflicting views about how bitcoin will behave at the end of this year. No one can know this. |
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of course, we all see that all markets are red and there are some fears of getting down more and more in the following days. but on the other hand, no one can ignore that bitcoin is the leader of all the crypto market, so if it down the whole market will go down as well, so it is too hard to believe that it will die that easy
and the major investors of it will not allow this to happen.
what do you think, am I right?
I personally do not think that without the bitcoin, the crypto-currency market will die. Crypto currency can well exist on its own. If there is no price dominance of bitcoin, this can even very well affect its development. I would like to see what will happen if there is no price dominance in the crypto currency market in general. In any case, there would not be a general fall in the market, a significant part of the crypto currency would develop and grow in value. |
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You are wrong. Russia will not be the capital of cryptography. You correctly noted that now in Russia, democracy is being infringed and the laws on crypto-currencies that should be adopted in Russia this fall are unlikely to provide a broad opportunity for citizens to deal with crypto-currency. Most likely, many will be disappointed by them. The fact that a large percentage of ICO teams are Russian simply indicates that many of them are interested in crypto currency and are trying to make money on it. Personally, I tried to avoid joining the ICO projects as a member of the ICO generosity campaign, if the Russians dominated there. Too many of these teams turned out to be scammers.
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I do not understand how the crypto currency can stop corruption, what is the relationship between them. It seems to me that it will be very good for corrupt officials to approach the Crypto-currency to take bribes in the Crypto-currency. Then it will be very difficult to prove the fact of receiving a bribe. Therefore, I believe that politicians are afraid of crypto currency for quite a different reason - first of all, loss of control over cash flows. Who owns this information, he has real power. Thus, because of the introduction of crypto currency, politicians are afraid to lose their power.
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Paper money has so far been recognized as the most optimal way of financial settlements between individuals and legal entities over the past centuries. Despite the fact that in recent years the world has largely switched to the use of non-cash forms of cash payments, cash, in my opinion, will continue to exist for a very long time, and maybe always. It will not be affected especially by the introduction of crypto-currencies into our lives. She will walk only in parallel with cash.
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No, I do not believe that. We must admit that what has allowed banks to acquire so much economic power is their ability to understand where capital is, and make the necessary efforts to keep it.
Knowing that banks will never fight against capital, what I see today is a growing interest of banks to incorporate blockchain technologies into their processes, and because of their marked interest in taking over everyone's money, it would not be strange that in the near future we will see banks willing to accept cryptocurrencies to carry out financial transactions.
Banks will actively resist on the introduction of crypto currency only until their actual legalization by states. After that, banks' counteraction to the Crypto currency will decrease sharply and they will begin to provide services for the exchange of crypto currency. For other operations, such as deposits in the crypto currency or the issuance of loans in the crypto currency is hardly worth counting. For banks, given the high volatility of the crypto currency, this will be too risky, they will not be engaged in this. |
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This is just one of many bills submitted to the State Duma of Russia for consideration. This bill has virtually no chance of becoming law. I think that in the coming months Russia will finally be able to pass laws with respect to the crypto currency, but there will hardly be good laws in Russia on crypto currency. I think that we will most likely be disappointed. |
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The transparent nature of the cryptocurrency industry is one of the Paramount reasons why politicians are kicking hard from all angles against it.Well,I am glad that despite all these agialtations,the industry moves on .One day full potentials will be established. Share your views.
Why should politicians be afraid of decentralized crypto currency and how can it stop corruption? Do politicians refuse to take bribes with a crypto currency? In my opinion, the Crypto currency will even contribute to corruption, because it is relatively anonymous and for servicing the corruption process it is very convenient. |
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Some media shows that bitcoin can be the next weapon to control the world economy. i think it is true and it will be seen soon.
Bitcoin can not manage the global economy, since he is not capable of doing this. It is also not a weapon. It was created as an alternative payment system to the existing payment system and is not going to fight with anyone. In general, bitcoin will not even be supported by the states, since it is not profitable for them. Decentralized crypto currency is needed only for people, as it opens up new opportunities for them in financial relations. How will bitcoin manage the world economy? |
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Of course, the current situation is abnormal, if bitcoin is falling in price and after him the entire crypto-currency market lies for a whole year at the bottom with bitcoin. I think that this will not continue for long. Market capitalization in the future will inevitably be leveled. Therefore, we like it or not, and the price of bitcoin will inevitably drop. If it will be pumped, the market will find a way how to do it.
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Bitcoin can not be a national treasure, since it does not belong to any nation, nor to any particular state. Bitcoin is a common property, it belongs at the same time to the one who owns it. However, I believe that bitcoin will never replace other currencies, it is only able to walk in parallel with the national money of other states.
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Crypto currency has no value at all, it can only be determined at a specific moment on the basis of the supply-demand relationship. Therefore, judging the price of a crypto currency will always be subjective. For example, I think that the current price of ethereum is much lower than its real value. At the same time, I believe that bitcoin is much overpriced, it can not cost more than six thousand dollars, as it is now. Only the market and time will show the real value of the crypto currency.
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we all know that Bitcoin is a virtual currency that is stored in digital form inside a wallet. Bitcoin storage. Bitcoin Wallets can be tablets, smartphones, computers and laptops that are all very vulnerable to viruses. And it will fall prey to theft by hackers, and this is the main reason the government has banned bitcoin.
Governments are not so worried about their citizens that, because of the danger of viruses and hackers, they prohibit the circulation of crypto currency. The government can not control cash flows in the decentralized crypto currency. This is the main reason why they do not want to recognize it as legitimate. There are other reasons: the decentralized crypto currency does not belong to any state, no one for its circulation responds, it is not provided with anything and therefore has high volatility. This circumstance is a very big obstacle for the introduction of crypto currency into business. Probably, not the least role is played by the high cost of crypto currency, in particular, bitcoin. |
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In each state they will make an individual decision on whether to legalize bitcoin and other crypto currency, or not. This process will be very lengthy and ambiguous. It is unprofitable for the states as a whole to have a decentralized crypto currency in the country. It is not easily controlled by the government and has very high volatility, which is why the state bodies themselves are unlikely to widely apply decentralized crypto currency in their practice. Therefore, we can not say in advance whether all states recognize bitcoin as legitimate, or not.
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Now almost all are in the same position. Our coins and tokens have fallen very much in price and we are waiting for the market to recover. I have so far focused on participating in generosity companies ICO and sometimes buy ethereum and other promising coins. The market vseravno after a while vostanovitsya, then we will receive their profits. Now we need to work and wait for improvement in the market.
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For bounty hunters, this market is very bad this year, as participation in ICO signatures and social networks very rarely ends with the payment of tokens. Very often the campaigns are closed without collecting the minimum amount for the base, others suspend the activity or transfer it to better times. I'm not talking about significant fraud in the ICO projects. If payments are made in new tokens, they are now rarely traded, and those that are listed on the stock exchange, immediately fall in price.
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