Definitely someone needs to come up with a escrow for each and every ico for the airdrop and bounty promised. To be fair I think there can be de centralised escrow service for all ico that are being conducted. That would be an awesome way to give trust on the project and also the bounty hunters.
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That's a really promising in the path to decentralization. I remember an initial decentralized exchange although I don't remember the name was good during the 2017 run. But the main problem with it was that there will be tokens with similar name which will.be really confusing for beginners to deal with .
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Lol if someone cannot identify that this is a scam outright then he isn't good enough to invest in any form on his own. I would suggest him to get a financial advisor .
I get that people fell for this scam during the early bull run because crypto was relatively new but falling for it now is pure idiocy.
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As much as I support crypto currency or digital currency I don't see that happening in the next 10 years in a large scale . Although there are reports that China is preparing it own version of currency called DC/EP it will be centralised and controlled. I don't see decentralized currency replacing Fiat.
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I understand where you are coming from . It's not right to advertise for shit projects but it's really difficult sometime to identify bad projects which do bounties. I remember there was a bounty or airdrop for ethereum hard fork called something like eth 2.0 , turned out to be a scam.
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For long, Virtual Private Networks (VPNs) have been a viable solution for preserving one's privacy and anonymity. In today's world, there are many VPN services which rely on a middleman (or a central operator) that could be paid with Fiat or crypto. But what if we'd eliminate the middleman from the system, and bring a self-autonomous VPN service to the world using Blockchain technology? In this model, people would pay for a VPN service that will last for "x" amount of days using a crypto of their choice. Everything will be settled on-chain in a completely decentralized way. Node operators would serve as "gateways" that would constitute the whole VPN. So far, I'm aware of two Blockchain-based VPN services (Mysterium and Tachyon Protocol) which aim to further decentralize the Internet by eliminating the need to rely on a middleman or third parties for complete privacy/anonymity. But compared with traditional VPN service providers, Blockchain-based VPN services are a "needle in a haystack". Do you think that VPNs using Blockchain technology are worth it? Is it still too early too tell? Do you happen to know about other alternatives to Mysterium or Tachyon Protocol within the Blockchain industry? What are your thoughts? Hmm. An interesting take on using block chain technology for VPN . The usage of VPN'S are getting increased everyday with the millineals preferring to stay anonymous. But there have also been cases of VPN servers getting hacked or having backdoor and getting exploited. If block chain is getting used in VPN , it might get famous.
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Im sure we are all aware what fomo means.
Bitcoin has indeed ran a good race to over 10 000$ and it has pushed up the prices of altcoins simultaneously
Do a proper root research before getting into altcoins, resist all temptation to fomo.
Because when btc moons, the dead alts can rise momentarily only
NB, FOMO is not a good feeling during the bulls
Well while it seems obvious that the fomo should be avoided while selecting the coins or projects to invest in it hard to resist the temptation . I am speaking this from experience and it makes you regret the decision you make. It's better to make a complete research and the project members before investing.
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The possibility of ethereum reaching 5 thousand doesn't seem likely within the next two years. I mean even during the massive bull it didn't reach 2k and with what seems to be everlasting crypto winter and even Bitcoin struggling I don't see it happening in the near future. I think most would be happy to see 500$ again.
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SEC fined Steven Seagal for advertising ICO. The actor did not disclose information about the funds received for the promotion of the project, which could mislead investors, the Commission explained. Since the ICO, the price of the Bitcoiin2Gen token advertised by Segal has fallen by 99%.
do you think celebrities know that they advertise scam projects or they just don’t understand what they are doing? I think this is a big problem for the market
What else do you expect from celebrities aka movie stars . They are just after money like anyone else . Although It's human psychology to fall for such things we must always research before investing. This remind me of a project which had Ryan Remolds pic as a team member and people invested in the ico .
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Last week, I found an airdrop project in Telegram called Marco Protocol, the airdrop looked decent at the first stage, I earned 200 MAPC tokens and that was instant! But you only can withdraw from your MAP wallet when Airdrop program will end, that's good, I am okay with it. Their airdrop tweet got 8K retweet and 9K likes, so, you can understand how hype it had! But yesterday, they announced they are going to sell Bitcoin at a 50% discount to celebrate the halving. Can you imagine? 1 Bitcoin price is 8600 USD, people can buy by 4300$! I believe This is absolutely scam but many newbies already have fallen for that! As they saw MAPC has huge support in twitter, and they listed on CMC too. 50% off announcement: https://t.me/MAP_POB_channel/87Honestly I have stopped doing airdrop now . No good projects do airdrop and even if some legitimate projects do it is for pennies . Well about the half price discount how can they fall for such a scam ? People expect to make free money . They must understand that if something is too good then it probably is fake
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Coins listed on Binance through the community coin vote show a price decrease of an average 24% after 7 days https://xangle.io/project/MBL/disclosures/5e53368aaa40c06ddf417e9fCoins listed on Binance through the community coin vote had the highest earnings on the day of the announcement – after listing, token prices showed a tendency to decline. This shows the ‘Sell on News’ effect where price increases before official announcement and decreases after. This analysis was conducted to investigate the effect of voting on listing, which is becoming a trend among exchanges. According to crypto disclosure platform Xangle, MovieBloc announced that it was listed on Binance after a coin vote on the 21st. Six days after the listing, Moviebloc was down 41%. Six coins, NKN, ARPA, CTXC, VITE, DREP, and MovieBloc, have been successfully listed on Binance through the coin vote. The average price increase rate of the six coins on the day of the voting announcement was 60.08% higher compared to 24 hours ago. On the day of listing, the price fell 7.45%; after 7 days, it decreased by 24.07%. NKN was the only coin that showed a price increase. That's not a encouraging statistics to look at on the outside . But the positive side is that atleast coins are getting listed in the exchange so that investor in the projects can get out with a bit of money if they want instead of getting locked for a long time and the project eventually running out of funds.
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I pity the investor who fell for this scam of a project. I would have understood of some newbies fell for it when crypto currency bwas new and they didn't know what private key was but by now everyone should know that it is like sharing your internet banking password. Hope they get caught and brought to justice.
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The entire world is worried about a possible pandemic breaking out beacuse if the coronavirus situation and so every possible market is losing money as investor are pulling the money out Just look at the NASDAQ and any other exchange . Things will be fine again after the panic is over.
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We are still not at a stage where we can either say block chain has been successful or not . We are still in the early adoption days where the technology is evolving and industries are looking for ways to use block chain technology. I have a feeling that it will take another 5 years to see a level of adoption in industry.
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Here comes the age old debate between the main coins (btc,eth) and the altcoins. I think we will reach a stage where altcoins which have enterprise and real world adoption will take off. Of course they will not give you gains like the early Bitcoin days but I think you still have a decent chance of making money.
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To anybody who is after to make quick money in short time be aware that there are lot of pump and dump schemes and small coins with low volume are easily vulnerable to these type of schemes. Especially when a coin has gone up 6x in a day stay away from it regardless of if it's pnd or not
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It depends on the risk appetite of the investor . If you are willing to lose a amount of money and you can live with it without regret then go ahead identify some ico or ieo projects and put the money in them but also invest some in safe bets . But without risks don't expect huge returns like early days .
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Obviously there is a common tendency among New comers to buy at the bottom hoping that it will go up in price but catching a falling knife as it's called is rarely a good thing to do . I mean if you believe that there was some mistake and the team.will rectify the mistake then take a gamble after doing your research.
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Going for altcoins is a risky proposition for a new investor entering the crypto market due to the sheer amount of altcoins present in the market and also the new ones which seems to be keep appearing almost everyday. Add to the fact that most altcoins aren't listed in standard exchanges makes it tougher to buy them and also mistake prone.
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Binance definitely gained fame due to early runner advantage and it has kept adopting well to keep it's coin and the exchange going. Even during the troubled times in crypto market that we are having now binance exchange has been maintaining most of the crypto volume. With integration of binance coin to it's various services I think binance coin has a great Future.
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