CipherTrace has announced an app coined Scout that tracks and documents illicit crypto transactions. The app traces addresses through the blockchain to identify which coins may have been used dark market and ransomware. Do you think people are likely to use this app? Also, who would get the most use of it? https://www.coindesk.com/ciphertrace-scout-app-takes-crypto-investigationsIt's a good idea and a nobel attempt to help eliminate fraud from the crypto space but I don't see the likely hood of this app effectively tracking privacy coins. These scammers use them alot and more sore, Wallet Creation is free and easy so they can always create a new one |
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It is profitable if you consider your time to have no value. You could make more money using your time more productively instead of wasting it on projects that you don't research. Now new projects can still be very profitable but there is a lot of risk involved.
Now, to make money in the bounty, you need to think well with your head. Otherwise, you will either stomp on the spot or earn extremely little. It all depends on how much your time is valuable. If you are able to earn in the bounty in the current market, and this does not cost much effort and time, then most likely you will be able to earn much more outside the bounty, while spending less time. Exactly, bounty pays but very few now pays and you now have to research hard to find a good one. I joined minter because its a novel blockchain project. It allows individuals to create their own coin or token on the chain and they can also exchange the coin for other major coins issued in the network like btc, eth, usdt instantly |
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Day in day out there are new projects requiring kyc from investors
Exchanges requiring kyc, for some in order to maximize your ability to withraw large sums of cryptocurrencies and some even before you can trade on the exchange
The bigger question is how safe are our kyc documents?
I think companies and projects are looking to gather as much information from investors or bounty hunters. to easily control the amount of people using their money. or some other reason. But there has never been a case involving a KYC leak. It proves that your password is very secure, so don't worry about it That's the more reason crypto investors should should be careful with where to input their personal data for kyc because most of these mushroom exchanges and airdrops/bounties are just kyc farmers for the dark Web or some sinister goal |
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It was a Transitional year for crypto in terms of fund raising as we saw the IEO become more favored than ICOs. Irrespective of how disappointing ICOs have been over the years about two projects Ferrum Network and Miracle Tele has a good success. While this happened, I doubt we will ever go back to the ICO era again because the industry has grown so much this year with more improvement to do in the future and I don't see ICOs in it
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Looking for an Altcoin that is backed by something; akin to the Gold standard as opposed to just speculation....
Thanks in Advance
Xaup (gold pokens) from the famous Populous platform was promoted here early this year and its an altcoin backed by Gold. What I am not sure is how things has really gone on for it since then. I just checked Google just now and the only info I can find on them is their bounty program on Bitcointalk on February. I hope it is still alive |
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If some disciplinary act are been taken against teams and devs greedy habits will reduce in crypto space, bad devs and ceo are showing their faces to the public introducing their project to gain awareness, the teams are even going for blockchain seminars and here we are thinking they are doing the right thing to easily achieve success and increase adoption rate too but in the end the project still turn to scam, in crypto and blockchain tech a piece of paper anybody can just trampled on and do as they see fit? its really unfair, investors are taking risks i think these kind of devs should be dealt with to stand as an example for those who have evil thoughts of using blockchain
This is what most well meaning cryptocurrency enthusiasts would want to control or reduce to barest minimum crypto fruads perpetrated by criminal developers and only sec or a ranking regulatory body can offer this. The problem however lies in control and administration of this ultimate power given to the regulatory body |
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It is ridiculous to treat anything that concerns your funds with levity. Security of funds should be paramount and that is why you shouldn't go about downloading unverified and unrecommended crypto wallets. Please desist from such because you run a high risk of getting scammed if you do so
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All right. As a rule, investors who own a much larger number of coins than bounty hunters destroy the price. However, they cannot blame themselves,
which is why they blame the bounty hunters who, if they wish, can bring down the price only if the coin is extremely low on the market since the start of sales.
Bounty hunters and airdrop participants are usually the scape goat when project developers seek to blame a set of people for their failure. All because they believe that Bounty hunters are not investors and a larger majority of hunters with inferiority complex take themselves for granted and that is why they are not respected as they should but rather blamed for every dump |
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The current stance of France on rejecting Libra is quite and indication that Facebook is working well underground to see that it's launched and it looks more likely as the day goes by. What I don't understand is Frances inclination on the rejection. Could it be because of tainted image of Facebook as regards user data abuse
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This is the sorry state bounties at the moment and it extends to all corners of cryptocurrency for every investor. Its time bounty hunters start focusing on what's on the spreadsheet but rather performance of the token on exchanges because that is where the scores are settled
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Now that ETH has started to grow and grown above $200, it's very good news and I think if it keeps going that way, ETH will return to $300
I hope it continues the rally from the update news and hopefully after the Ethereum 2.0 launch. I believe ethereum is a very solid coin that shouldn't fizzle away from the market because of bitcoin dominance |
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This is a candid advise which is so true, most altcoins won't have a functional project in years to come. Some altcoins I held for long turned valueless and that was a great lesson learnt. Now before I hold an altcoin, I make sure the project development is extremely cool, if not I bounce. Presently I'm holding just 3 altcoins with BTC taking 70% of my portfolio.
I agree with the opinion of the original poster. Most altcoins are just personal business of a certain people with the sole aim of making profits. The fancy Whitepaper is just a means to an end. If you must hold altcoin, never loose your emotions are focus on your target. Never let the team dump before you else you are rekt. As for me, I will only hold btc and maybe Ethereum which has a foundational structure |
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I think it’s better to buy at the initial sales stage, because with a subsequent listing, the price can be much higher than the purchase price, however, in the case of a purchase from the exchange, you risk that the price will not recover at all or will recover for a long time.
I agree with this because this is the current stand of events happening in crypto in 2019. A good and well hyped project especially at top exchanges like Binance, gate, OKEx, Huobi, BW should be bought at IEO because the investor stands a better chance of seeing a good return at listing because of these exchanges potential to give x2 - X7 ROI. But then if you must buy from the exchange, timing and other factors like percent token circulation, bounty or airdrop release etc matters as it contributes to your chances of seeing a loss or profit in the investment |
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It is first released for mobile application on November 2017 and has 20,000 compatible Ethereum based tokens and approximately 30 blockchain cryptocurrencies including Bitcoin, And now Victor Radchenko founder of trust wallet will release trust wallet with initial desktop support on Mac, Windows, and Linux. What can you say about this Binance trust wallet that will come within weeks and how can they play a major role in making Binance stay in the top, And if this wallet can sure set a new playing field with other different wallets out there, And do you think of owning one yourself? https://cryptoslate.com/binance-trust-wallet-launches-desktop-client-for-mac-windows-and-linux-to-come-within-weeks/The wallet has been good so far both in operability and usecase. I like the fact that it's cheaper than imtoken and can easily serve as a portal to access dapps but what I want to see more keenly is trust wallet integration with Binance Cex. I hope it comes soon |
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Little or big money allocation isn't a warranty for success all is based on team development of their project makes price stable in market.
Certainly not a guarantee but some prices looks ridiculously huge. It makes you wonder if the team can actually pay that considering the fact that it might be one third of fourth of their softcap. I prefer moderate prices that the hyped prices |
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The best part of the article is the Bitcointalk part, here in this forum we can expose who are and who aren't, a project may have everything investors are looking for a project, but if they cannot address issues and concerns raise by members of this forum they are in trouble, take a look at Adab they look very impressive, but they are exposed as a dubious project, and this forum exposed them. This is the beauty of this forum where members can really help out to verify and identify which one is a potential fraud or not. You can get recommendations basing on actual users experience and insights which is very helpful. True. You get the project vetted by highly experienced individuals in the space which are on Bitcointalk. Although there are some few cases of error in the likes of Zeux coin which was wrongly accused to be a scam. Asides that, this forum is the best cryptocurrency forum on the planet and worthy of a daily read |
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It's very much obvious now that cryptocurrency is not going to zero. I guess the prediction called by Vitalik would have been overturned if he made it yesterday. The world is gradually adopting blockchain and cryptocurrency. China is creating its own blockchain asset and likewise other centralized bodies. Crypto is going no where
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What the *eck is going on? we have many good projects coming into crypto space but they mostly end up failing, too many good new projects are dying as if they are been created to just die, what do you think its killing new good projects apart from scam projects?
This is also the area I feel regulation and control is needed. The Ethereum Blockchain has been abused likewise the space itself simply because a person knows how to create smart contracts. This proliferation of crypto projects is not healthy and rather does more harm than good. We need to find a balance |
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Different blockchains - different transaction speeds. If you are not happy with the speed of the blockchain that you use, exchange it for another one,
thank God everyone on any major exchange can exchange one cryptocurrency for another without much difficulty.
That's the benefit we can enjoy where there's a lot of exchanges in the market, they will provide liquidity to ensure we can trade anytime we want. What's important only is that people will begin accepting not only bitcoin but altcions as well, based on my experience, I am more satisfied using DOGE coin for my transaction as its faster and way cheaper compared to other coins I use. Though we cannot deny that BTC is the most popular now, but because of its demand the value increases hence fees follows, therefore it's not advisable to use for small transactions only as the fee is not worth it. I can attest to Doge being one of the cheapest and faster coins. Especially when you want to run arbitrage and all transactions fees matter. So instead of withdrawing BTC at 5usd at eg Binance you rather convert to doge, send to Kucoin and withdraw btc at less than 2usd |
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Hodling is a long term game!
Huge long term game. There are so many altcoins in the market all with proliferated usecases. And I am even more worried that there's not really a new innovation left because all projects have been copied and recopied. Since money is at stake, I will rather stick with bitcoin a proven asset. Its the only safe haven I can trust in crypto at the moment |
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