This is unexpected, especially for Ripple to take part in this joint program. I can understand the cash so it can be sent and receive globally but why crypto? Wasn't we are right now to send it to where or to whom we want?
I think it's more focused to cash to crypto and crypto to cash. Imagine you enjoying your holiday on some place and you need cash. Just send some crypto from your wallet and receive cash on nearby bank or counter. This would ease buying and selling of crypto which is still a tough task in many countries. The margin between buy and sell price on most places would also come down if we be able to implement a global solution. |
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Alts generally pump after bitcoin price rise mostly due to their buy orders being placed against bitcoin. Hence the value of altcoin increases against USD. But we are not seeing any more bull run like in 2016-17 where every listed coins would have impressive growth. There are some coins that occasionally make 10%+ growth in a single day without any effect to rest of the market.
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There have been some real life geo tagging with real paper wallets and private keys. But there have always been safety concerns about such stunts.
There was also an altcoin stunt of burying a hard drive containing $50,000 worth of digital tokens at the top of mount Everest which ended up the guide being killed due to accident. No any idea whether anyone retrieved that drive.
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We need this sort of global collaboration to make the crypto market really go forward. Ripple has been doing hard to get into remittance business but they just couldn't because people had no enough trust on them to use them. With all these companies coming together, they'd have a bit more credibility and their resources combined would easily get the project a boost.
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We need both increment in number of ATMs available and decrement in fees involved. Personal traders mostly provides a margin upto 10% of buy and sell while the bitcoin ATMs averages about 20%. Most people look for ATMs when they are not in their locality and such high fees would certainly make them think of other ways to carry money.
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Do not be fooled, Cov-19 doesn't disturb new project from launching, few new projects are using Cov-19 to make excuse, good quality projects don't see any reason to hold because of the pandemic, any project that do this should be considered as Controlled by weak team
Many things can been done even during the pandemic. And desk work that involves computer is much easier as you get more time to it. People have stopped coming out and are now confined mostly with their device and most of the development work of new projects is with the computer and the internet. Only the final step or product launch would need public attention for most projects. Cov-19 is just an excuse for most. |
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One of the reason why people are fed up of crypto fundraising projects is due to the webmasters with their dreams.
For an idea to come true, the idea only is not enough. The project should bring in experience, capital as well as dedications.
A project stated with $100 of web hosting with free domain would rarely achieve any success.
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I too noticed it and let's try.
They need user to login and they have different chatrooms. Most of them are rooms for specific coins but not all. Maybe another strategy to earn money from projects listing their room. It's also a better place to learn about interest of users and send them personalized ads.
They are using some external service called sendbird, so your chat are also going to other parties.
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Rooting your device gives you deep access to the system, and it also puts your phone at risk of being attacked by unauthorized applications. When you use your phone, it's best to leave it in its original state and never try to root it
Well, rooting your smartphone to give its root access is completely normal in my view. As long as you don't give the root access to unknow or unofficial app that not coming from google play store, you will be fine. Yes, but you should be extra careful on what you are installing as an app as a malware can disguise as a trusted app or even be bundled with a popular app and get installed with administrative privilege taking your data and passwords. If you have rooted your phone, download from the official source as much as possible and never download the app which you are 100% sure are safe. |
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Only if I had seen this discussion earlier. HEX is now priced at 40 satoshis, x40 from the time OP posted about hex. In matter of months, it rose by 40 times.
They airdropped the coins to bitcoin holders in December and their price has increased by more than 100 times from the initial trade.
It's a staking coin that provides larger interest for freezing your coins for longer time. They can still have a future as some people are freezing them for years.
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Any use for coins/tokens of defunct projects like Synereo/Hyperspace (AMP) and others?
The only thing you can do with failed coins and project is to learn not repeating the same mistakes for both projects and investors. There was a service called coinjanitor that promised buying dead coins but the irony is the project itself has gone dead. The best thing is to move on and forget what is already lost. |
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Transferring large sum of bitcoin to an exchange refers to a planned dumping of bitcoin either to cashout or in favor of an alt. I don't think any of those are from early bitcoin miners as they'd act more discrete than this. I think it's either a hedge fund trying to divest or a large mining farm cashing out it's earnings. |
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You just spoke my mind and presented it in a better way than I could. I have similar conclusion with my long term trading experience.
Any new traders should seriously take these tips in consideration. And specially you should not rush into a trade decision consulting just one source.
At least try to verify the remarks and cross check it on different platforms as well this forum. Anything that seems to be too good to be true are mostly scam in the making.
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The truth is, it's often very difficult to identify scams from fakes and that makes it difficult to know which projects to skip and the ones to engage in. Take for instance Digitalbits. They came with such a charming plan, got hunters to help promote their project and after a successful bounty, made hunters to wait for a year and ultimately refused paying them, same thing happened with deex and the list goes on. It is very hard to say which project will pay and which wouldn't. We all just have to keep doing our bits and best.
It's true. No investors would want to be scammed of their money while no bounty participants want to get scammed with fake bounty tokens. But there are some circumstances where the participants though realizing the project is a scam continues to promote it for money. There are examples of even the so called best of members of this forum being involved with such scam knowingly which afterward cost their reputation and their privilege. |
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Clipboard hacking has always been here. It's mostly targeted towards windows users while some are browser extension related. Best way to prevent them is to limit the number of apps and extension on you device and install only those which you absolutely need and install they through official website. Checking the address twice before pushing that button prevents yourself from getting scammed.
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Wow now you can get a coke with crypto. This is surely a next step towards crypto adoption. I hope to see such vending machine be placed all around the world so I don't have to use fiat. Crypto are now getting much more popular among international travelers as card acceptability as well the hassle of carrying cash sucks. You can now book flights and hotel with crypto and if you can buy more and more service with crypto, you'll need to carry less cash.
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These short supply deflationary tokens had their time during the 2016/17 bull run but almost all of them are dead.
The available tokens are just pump and dump tools for some investors.
If I were to suggest, I'd highly discourage anyone buying these so called deflationary tokens, they may look promising on graphs but they are ponzi that won't last long.
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I have often seen bounties whose BM is Bounty Detective. But before that I have never participated in any project managed by them. And now I just participated in the HOMT project. Now surely those who manage a bounty campaign are more than others. Hopefully they can always be trusted. It's too mine first experience with Bounty Detective and I found out that they are indeed a large team that works on different aspects of the bounty and advertising. They are not just a manager but a marketing company and they leverage their influence to escrow coins for the bounty participants. Most of the coins they advertise lists on exchange even before the bounty ends. |
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If this is true, it's a very good news for VEN, VEN holders and the crypto community as well. I remember Vechain gaining a lot of attention in the past for their China wide supply chain facilitation but suddenly came the red hammer of CCP and all of the crypto were blanket banned. Many left the mainland in a hush. It's good to see how Vechain remained and at last convinced the CCP that they are worth something.
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KCS would be a safer alternative as it not only is an investment but also a staking coin that yields other popular coins which on long term can have a more impressive growth than KCS itself. But beaware that both KCS and BNB are highly depended on their respective centralized exchange and we have seen even the largest exchange going down in long term.
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