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There's alot of shitcoins everywhere indeed, peoples have faith in the coins more and more but they still just freaking shitcoins. I don't know from where the money comes and goes but this is weird and that will never live till the future. This is going to be having an ending sooner or later. Altcoins will come to an ending, not all of them but at least a majority/minority of really shitty 0 value coins/tokens will die. The exchangers themselves could cause the death of so much coins, there's still no decentralization, lol. We're in RISK.
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We're sharing the same fears here, the fear of the death of altcoins. That's one of the nightmares that i keep dreaming of and i almost can be assure that the future of "some" altcoins will be death. Even if only one token or coin dies, it will mean that alot of fiat will be lost, that will affect alot of other projects and especially the cryptoworld in general. That will cause a dump. There's no solutions here but just hope for a brighter future, that's it.
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It's not possible for a dex working with ethereum tokens to never charge a cent. The network itself will need a fee to confirm the transactions and send/receive eth/tokens. So, what i'm trying to say here is that fees is a need when interacting with tokens that work in the ethereum network. The dex must have fees, the cex could operate for free, that's what i know. just my two cents.
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Lol, i agree with you. The world is not having some great ideas these days. Peoples are rushing to trade and sell and gather fiat. Look at the graphs, even if a coin dips 2%, the investors cause the dump to reach -5%. Peoples got scared because of the shitty projects here and there. Crypto shall grow just like in the past years but this needs to have adoption. I think that the future is going to be more better for sure.
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It's not that hard to bring investors but we could say that peoples were rushing and fomoing in the crypto field but after the high dumps in the 2018 peoples realised that the loss opportunity is available and could happen. Investors are not rushing now but they prefer to invest in safe IEO's and stuffs like that, the ecosystem is getting regualted and investors are getting aware more and more which is somehow good.
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Hello there fellas,
I'm going to discuss something that keeps making me nervous. I'm that kind of a person who likes the decentralization, the privacy, the freedom and the equality in the financial world. It comes to my mind that these exchangers might someday be selfish, crypto is getting worthy and it will bring the eyes of the greedy peoples. Imagine that these exchangers grabs the trust of the peoples and then they start manipulating the market. The total volume in the exchangers is not stabe and peoples will never withdraw all their funds. Let's say that the amount of the holdings that an exchange have is 1000 btc, they could easily create sell walls of 1500 btc and peoples will buy because they trust these exchangers. What will happen then? Imagine that all the exchangers do this, what's your thoughts on this fact?.
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The world was nothing but just total chaos, the world started by a very known bigbang. When knocking the door of cryptocurrencies, the bigbang here is Bitcoin, the holycurrency since 2009. It's cristal-clear that ethereum will never surpass Bitcoin, stop dreaming. Peoples will never sell all their holding in btc for eth, even you, the person reading this.. You won't sell but you'll stick with your precious btc because it is the most trusted currency here. Don't dream too much, dreams still dreams, they might never happen.
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The tricks of the bonus are getting old right now. ICO and IEO turned to be a manipulation tool that some projects are using to gain people's assets and grab their holdings in exchange of an asset that might immediately die after getting listed in an exchanger. 40% is alot, the fact is that the projects are calculating everything since the start, they have a base price and they just try to be smart-ass by putting some "fake" bonus to gather people's attention toward their ico. Peoples must be logic, we're getting tired here watching shit over and over again. Money comes and goes, there's thousands of shitty projects that should die soon.
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if I think personally a safe way to invest in cryptocurrency is :
1. the project runs according to the roadmap and whitepaper that has been made;
2. cryptocurrency that we invest in already has a product;
3. the team always updates about the progress that is happening in the project that we invest;
4. invest in project that are in the top 1-500 in coinmarketpcap (have a high volume);
5. the project we want to invest has been running for a long time (if I personally never invested in a new project), because investing in new project has a greater risk than we invest in old project.
You can't assume that this plan might work always, there's shitcoins out there and there's millionaires with alot of btc earned with these shit tokens and coins. Investing is a science, it's a true art. There's so much newbies in the cryptocurrency who gained alot of profits, i'm talking about the luck factor too. You can't assume that investing in the new/old projects is the key, it's all about your vision toward the coin you're going to buy, the durating of your order, your luck and your capabilities in doing analysis. |
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I think that you should go in the way that brings more value to your pocket or to the project's pocket. Going to forbidden/shitty exchanges might turn to be valuable, the thing is that you could never assume the real response of the audiences lockated in this type of exchanges. The hype is the real thing that brings investors into the IEOs, you should be wise and you should pick one. If i was in your place, i'd pick the most trustworthy choice out there, the trust is the factor in the cryptocurrency but peoples are running behind the cash flow and not thethe trust which is the true value which is the only road to success.
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I think that the answer to your question is a negative one. We truly can find brilliant and really valuable projects such as Maker being built on Ethereum that will be a positive answer saying that Ethereum is a solid project to build tokenised assets on but we could even find dead projects on the same projects, the answer is frustrated. The only thing that brings value to a coin is the fake pumps or the real solid work that the coin is brining to the world of internet, nothing else.
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A quote from my correspondence with one of their team.
"The salaryof all team members will be tied to the ICO rounds of our ecosystem. It means that the monthly fee of each team member (including you and me) will be fixed in euros, but payment will be made only in EurBit stabletokens. And in order to pay for our work, they first must be released.They can only be released in ICO rounds. Such rounds will be held on average once a month. Surely preparing for the first and the second round will take more time. But then, with each new round, our team will act more and more orderly, harmoniously and quickly. We will put the ICO rounds on the conveyor and we will make them on a regular. Gradually we'll go out to one round every 4 weeks, and then maybe once every 3 weeks. There are 2 required conditions: 1) The project founder receives his fee the last. It means that he will not receive a cent until all the other team members will have received their full salary. 2) Tokens, earned by the project, are spent primarily on team salaries, and only then on marketing and other expenses. What salary per month do you want to receive if it is tied to the euro?"
Note to all potential applicants, working for tokens in any part-time to full-time capacity is complete lunacy. STOP WORKING FOR TOKENS AND TRASH PROJECTS WILL STOP APPEARING.
It is respectable if they afford payments with Euros to the participants/ the workers, it will be more solid and trustable. The conditions are somehow hard, it would be acceptable if we see them really paying their workers on time, i would be really ready to help in everything related to the Arabic language. The team got in touch with me, i'll discuss this offer with them later on. Your reply is reasonable and logic, we must stop helping the shitcoins, Parodium. |
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I believe that crypto in general and bitcoin will never go back to zero. Peoples will even dump if the prices keeps going down, there will be always peoples buying. The only thing that threats crypto is the volume and the demand. If these disappear, crypto will die.
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I hope that you select a good exchange. I would suggest Yobit also OXD is listed there. yobit is doing their best to restore trust after too many scam accusation and this will be good for them also?
I've been asked by the founder about the escrow exchangers wanted and it showed up that Yobit is one of the best choices right there because 0xd is already listed in there and trading. Don't rush or expect or fomo, things will be going in normal just like always, i like how peoples started to gather here and there, keep going 0xd. |
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Peoples here are really weirdos, do you really share your trust that way? you just trust peoples because they are in a high grade? That doesn't work in Crypto. Our only lord here is the research and the analysis, no more no less. If you just trust everything and everyone here and there, you'll have your bank account drained unfortunately, you'll find yourself living in the streets. Instead, be more wise and learn from the wounds that the world have faced in the past, go read and go learn, please.
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I'm afraid that Jinbi isn't the most ideal project right now, even, not 'The golden ico" lol. Paxos did launch a token powered by gold in the last days, did you see it getting listed in CoinMarketCap?
I think and i deeply believe that Jinbi shall work harder in order to get a place in the war of cryptocurrency, otherwise it will never have a chance with Paxos, Veritaseum, eGold and all the other wild competitors. Best of luck.
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China is strict, that's one of the characters of this country that makes it powerful. I remember reading somewhere around btt that the FBI are holding an amount of +100K BTC, the FBI belongs to the USA for sure and even if these coins are illegal, why the fuck does the usa government hold or even have access? shall they destroy it? i think yes.(referring to the misuse of coins/technologie).
That's not our subject but the thing is that USA is an opportunist country.. the only good thing is that the adoption in the USA took place first, that's why we keep seeing USA vs China fight right now. There's nothing like "ahead in terms of digital adaptation" but there's only "Freedom". The China is somehow strict when it comes to "Freedom" that's why they are in lead, the American Dream is a bullshit right now. I'm afraid that china might really take the lead, the final say goes to Mr Trump. Either he helps his country, otherwise it's going to die, just like the shitcoins here and there, lmao.
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What's going on with these exchangers nowadays? I'm smelling something harmful coming soon.
I remember seeing Kucoin having something like this feature called coldstaking, it's not really a coldstaking because they are showing a disclamer and insisting that there's a high chance to be in danger/to lose the coins. Now, binance is doing the same?
I don't feel safe, remember if 1M btc gets stored in the same exchange to get stakes, what might happens? have you started to think? A HACK/A SCAM!
Sorry for the caps lock but it's necessary to yell, never trust any third party wallet or exchange to store your savings.
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You should first understand that crypto and altcoins in general aren't made for fast profits, even, your capital is too low to come and request something like "fast profits". Don't be fat and greedy, crypto could affect you in a bad way, you could lose everything at any moment. Instead of rushing, try to analyse, it might be easy for you but just try it. Open up CoinMarketCap and dig/search for projects, read their twitter accounts, inspect their roadmaps etc.. You'll finally find the perfect coin/token to put your funds in. See? it's easy.
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The scam projects are diversified, the art of scam is getting bigger and bigger in the cryptocurrencies world. Companies and angel investors are searching around the clock for young projects with futuristic vision, with a product and with peoples love and support, they just invest and buy some coins/tokens.. they hold them for a moment and then, BANG! the bloody bath gets full, the sells comes from everywhere and everyone gets fooled and rekt. Crypto is getting really dangerous, take a look at all the cryptocurrencies in the last days, such a trouble we're in.
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