Scammers are now in the sphere of ico and bounty of companies. It is necessary to choose very carefully which projects to invest in and which ones to participate in as a bounty hunter.
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Personally I believe Crypto and blockchain technology is the next revolution that will change the world completely in a very short time, therefore investing now in the best plan to getting into this market.
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New altcoin must have practical applications, new technology can develop in the future, is widely used. These are key things to look out before you start considering team strength and other factors.
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Market has being down for a while now but there is an uprise very recently and we can only hope that it will last longer than usual.
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Obviously bounties are losing their worth for a while now. But we can't categorically say it is dead but it may be dieing though.
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Yes it is possibly the beginning of a short or long term spike in prices of bit coin and other altcoins and we can only hope it will continue from here on.
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Right now, investing in ICO is more profitable than holding an old coin for short period of time. You should do your own research of what ico you are investing and you can get better returns on investment.
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Personally completely agree with you on that analogy, I am also concerned about this stuuation. Now it is more and more difficult to find good projects with a big future in the crypto space.
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Definitely some projects with use cases whether long or sort term will survive but those that are just money grabs and end up not applicable to the real world will be cleared away.
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I'm a crypto currency evangelist. I have been doing that in my environment but the only problem is that they still don't get how blockchain technology works therefore they compare crypto with ponzi scheme that crashed.
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I can't definitely like Etherdelta, I think it has 1 of the poorest user interface amongst exchanges.
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If you are interested in bounty campaign please try it because in bounty campaign offer their token if the bounty is finished, and of course, you have to obey the rules that have been made by bounty campaign managers . Airdrops can earn you some token as well.
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Personally i think team members are the most important aspect of altcoin, and then technology and participation. These are all keys things to look out for before participating in an ico.
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Well since bitcoin is there, most people will continue to use bitcoin as a store of value like gold and basically that's why bitcoin has that much dominance.
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The next 5 years, there will be many coins that fall and many new coins that will come to the surface but only the strong projects will survive that addressed time frame
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Recently bounty campaigns begin less profiatable day by day. Especially twitter, facebook and signature campaigns are very weak nowadays and it is still hard to catch a good campaign.
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Well I believe it will have developed a lot and can only hope institutional money start flowing into the cryptocurrency market by then. We can only hope as well that there will be well constructed regulations to safe guard investors.
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Definitely not all will survive with time. Most cryptocurrency projects are just money grabs without any use case in the real world.
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This year it has being a down time for cryptocurrency market. But we can only be hopeful that it will be change soon.
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For me it all depends on the value I place on the token in my mind. If it's short term gain then I will flip but if it's for the long term then I will hodling till I decide to flip as well.
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