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The most important for me is the idea and the vision behind the project, for what a problem is it a solution for.
After that looking at the team is it experienced enough to fulfil the goals of the project. After that looking to the
social and marketing aspects.
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I have learnt in Crypto that many people invest in it without any knowledge and cry later. If somebody wants to
be successful there are no shortcuts, has to experience good and bad part of it. Of course some luck of the beginners helps.
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The effect of the SEC is the bloodbath we could see today. The market price is highly effected with the speculation
on SEC decision. They postponed it and it can happen in September as well . I also think that this market is not prepared
for ETF yet and needs time to evolve. In that aspect this is a good news in fact.
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Yes, I am surprised as I did not expect the market to fall again. The reason is SEC decision on Bitcoin ETF
and the whole market was effected. ETH was not an exception.
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Despite media blockage ICOs are more successful than they were last year in terms of raising funds( 3 x more than ly ) and in terms of quantity. But they
are very poor in realisation of the projects and many of them are failing or have already failed. For bounty hunters in fact it was good news that facebook and twitter
not supporting ads as they become more important in advertising the ICOs. Hopefully more appreciated as well in the future.
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Crypto is a long run and never can say if it does not grow this month it is the end. Crypto is unpredictable ,only the market
manipulators can predict the future. We have to be patient and waiting for positive trends to come but always be prepared
for the worse case scenario.
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In doing bounties the " never give up " attitude is very important as it is NOT the same profitable at bull market or
in bearish market when lot of bounties are hardly achieving the soft cap. You have to select a good project which
will progress well and fulfil it`s promises. Some luck is welcomed.
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Not using EtherDelta after the Team has abandoned the project and no development has been made recently.
Using IDEX instead and very satisfied with it.
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While there will be a problem, and a need for a solution I think there will be ICOs as well. As it is a new technology
and as it seems governments supporting it`s development ( G20 meeting ) ICO will be present for many years to come.
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Some alts with no development and supportive community behind it are really heading to 0.
For some others which represents value there are still hope to recover if they improve in some segments
of the business. They are suffering in the bearish market.
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I tell them that Fiat is centralised and since 1971 Fiat is not backed by gold and practically there can be released
as many $ as they want . And I tell them that Bitcoin has limitation on 21 M Total supply, but NO LIMITATION for Fiat and for Gold.
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The market is moving according to speculations on BTC and waiting for ETF aproval. There will be such " pumps and dumps "
in the future as well until final approval or rejection. In the meantime BTC dominance is over 48 %
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Tokens can be sold on decentralised exchanges like Idex, Forkdelta even if they are not listed on centralised exchanges or
still not on CMC. If the project has potential it is better not to sell immediately, better hold and wait for the price go up.
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I would say best practices of successful people also very important, and own experience as well.
But, YES definitely, knowledge plays a key role in being successful in Crypto.
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I do not think that 50% of failed ICOs is too much. In any business, percentage of loss-making campaigns is high. If we take the sphere of startups, only one project out of ten survives there. So, it is not so bad in the field of ICO as it is given in media
In February it was reported that 46 % of the ICO from 2017 has been already failed. And additional 113 were classified as semi -failed . That means that their teams stopped communicating with social media or they have so small community that they have no chance for success. So in February 59 % of 2017 ICOs were already failed or on the way of failure. |
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Cryptocurrency enables you to be your own bank, storing and sending value from one place to another
across the globe and doing all this independently from any institution. It is an easy, safe and trackable way of financial
transactions which can involve those people around the world who are still not part of the banking system.
There are more than 2 billions such people who have never had a bank account and the importance of include them to the
economy is speaking for itself. I am excited to be part of this new tech. revolution.
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Bounty managers should require a post from said bitcointalk account in order to join the campaign so people can't cheat.
Exactly, what an easy solution. Prevention instead of cheat hunting. And also, the bounty managers should ask it for the telegram as well, to post " joining bounty campaign " in the telegram bounty group. I have seen recently a bot joining 1200 times in telegram campaign (every 8 seconds ) using stolen telegram and BT usernames . It could all be prevented with the above mentioned proposal. |
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Well, the ETF decision has been pushed to September, so it is still awhile to see if that will have any significant impact on the market.
Mostly, I think after seven months of crashing and slumps, people will take any news as hope.
This can be a good and bad thing as it can jumpstart confidence in the market again which can grow into a full on bull run.
Of course, it can also be bad because it can easily lose steem quickly, then people lose confidence, start hodling again, and it crashes.
Me, personally, I feel like this is the gradual start of our next bull run that will culminate around october or so.
Crypto isn't dead by a long shot.
Btc especially has got one or two more crazy bull runs ahead.
The timing is really right and things are looking to be pretty crazy in the next couple months.
I am not aware that the decision has been pushed for September, as I know 10th of August is still valid. Agree on perfect timing, but this time BTC rise is not fully followed by Alts and BTC is strengthening it`s market dominance from 42 to 47n last six days. ( almost 1 % / day ). If this trend continuous early August we can easily see around 55% BTC market dominance. |
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Yes, bounty hunters invest in ICO if they like it . Sometimes when I want to invest in a project I join their bounty
to know the project better and get some insights from their social media groups. To follow up Your investment it is
good if you are involved some way to avoid surprises as much as possible.
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Several reasons but the main one is the simplicity and easy way to invest and making profit without huge capital,
different licences etc. Average people can invest and make profit, this is why so many investors enter Crypto space.
As the market is very volatile Crypto is a loved place for traders as well.
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