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I have been using cryptocurrencies for the third year now and I can say that Etherium and its ERC20 tokens remain the best. Lately, there is a lot of information about the scalability of the Etherium network and the allegedly slow transactions, but if this is the case and there are the best blockchain platforms, then why don't we see their popularity increasing and using ?! They just could not prove their advantages at the moment and for this Etherium remain the best platform at the moment. Moreover, as far as I know, soon Etherium is waiting for an update and the platform will become even better.
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I do not think that the emergence of coins in the social network Facebook has a bad effect on the price of BTC. On the contrary, thanks to this, even more people will learn about cryptocurrencies and their capabilities, which will provoke an influx of new users, and hence cryptocurrency buyers, which will naturally increase the price. Also, the appearance of the Facebook coin will be the next step in the development of the crypto industry as a whole, thereby opening the way to new price heights.
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Of course, tokens and coins of unlucky projects will go away, and new ones will appear. This is all called the development process. Since the development and improvement of the blockchain technology requires new ideas, and therefore new projects, of course, we will see the process of the crypto industry becoming for a long time to come. It is also worth referring to the process of transferring existing services and platforms to blockchain technology, which will also give rise to even more new projects and their tokens and coins.
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As for me, ETH and BNB are completely different coins with different directions of development. The BNB coin is a Binance exchange and has a narrower specialization than ETH. As for the growth of the ETH price, then you need to look at the whole picture of what is happening in general and then you can see that the ETH goes through cycles of growth and development and with each such cycle the price of ETH becomes larger. BNB is a completely new coin and it is too early to judge its achievements.
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You're right. Indeed, before, there were immediately good earnings and it was necessary to immediately sell tokens. In my case, there was one bounty where I received tokens for 2500 USD and it was possible to immediately sell them, but I decided to keep these tokens in the hope of even greater growth, but unfortunately the price fell and now it is only 30 USD. As for the bounty companies that are holding now, the received tokens stand very little and if you want to get more money for them, you will have to wait, I think for at least one year.
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I believe that the majority of traders use centralized platforms because they have large volumes of trades, which of course attracts everyone. On the other hand, you correctly noted that at the same level as this advantage, there are also bad factors, namely, frequent hacks, stranded volumes and the possibility of losing your crypto assets. It also seems strange to me, for the crypto sphere itself is famous for its decentralization and anonymity, as well as security. But we see a completely different picture, which causes a lot of controversy.
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The social network Facebook has a large number of users and is a more commercial network. Now imagine that Facebook creates its stable cryptocurrency and introduces it to buy and sell goods and services. Of course, this will give a big breakthrough to the cryptocurrency market in recognition of even more people, and also show that buying and selling goods and services using cryptocurrency is easy, simple and convenient. Of course, this will have a positive effect on the development of the crypto sphere in general and will be its new stage of development.
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I dont think that the bounty companies that requested KYC and didnt pay for it, specifically lured your data. Of course it is annoying, but more KYC is needed in order to determine if you are a real person or you just have a lot of accounts. I ran into KYC many years ago in network companies, and there they also struggled with fake akkanty to prevent stacking. In my practice, there were bounty companies with KYC and they paid everything according to the conditions. Most likely, you just got such companies that could not realize themselves.
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In order to better understand this issue, you need to look back at the history of the emergence and development of cryptocurrencies. Then the cyclical nature of development will be clearly visible, which means there is always the beginning of the cycle and the end. This year we had the opportunity to see the bottom of the crypto market and the end of the next cycle of development of the crypto market. Now, in my opinion, we see the beginning of a new cycle. This means that the growth phase has begun and, of course, we will see a growth in ETH, the only question is how stinging it is. I believe that most likely by the end of this year, ETH may have a price of about 1000 USD. This is my vision, I certainly can be mistaken, but still I see such a development scenario.
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If you think so, then most likely participation in bounty companies is not suitable for you. The fact that you constantly fall for fraudsters means that you choose poorly or do not know at all what criteria you need to make a choice. I would recommend you spend more time studying bounty. It certainly does not give a 100% guarantee that you will not fall for scammers, but still you will have more chances to find a successful bounty and make money in it.
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Well, I do not agree with your opinion. A person may well be unemployed and live only on participation in bounty companies. The question is different, depending on how you work. If you consider participation in one or several companies, then of course you can earn nothing as a result, since you can easily get on not successful company bounty, but to avoid this you need to look for promising bounty, those bounty where they pay for example 1 time in 2 weeks or 1 month, just take those who spend their IEO on exchanges and so on. In other words, to work as much as possible, where the probability of earning the maximum.
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Certainly you are right. If 99% of ICO were scam, then no one would have developed this direction, and we see the development - the emergence and development of new projects. Personally, I see in ICO a great opportunity for those who want to create a service, a platform, etc., but he has no money to implement it all. Here ICO gives such an opportunity and I consider it very well. The fact that fraudsters have it is clear, fraudsters are everywhere, in any industry. Just somewhere there are more, and somewhere less. In any case, the trend shows that the ICO market has not gone away, and the turnover is working and gaining momentum.
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