There's no reason not to be actually since we're talking about investments here. You would not trust someone your money without knowing his/her background so same applies to ICO's. Now that they are coming in swarms, we need to filter them thoroughly.
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The price will drop a lot but then again people will realize that life will go on and soon, many investors would buy those dumped coins. Dumping his coins wouldn't automatically make the market crash I think, same goes for his bitcoin if he were to dump it too.
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The idea is good but quite risky at the same time. Majority of people always say, "bitcoin's price has no place to go but up" but the reality is that there's still a chance that some unprecedented event might unfold that makes the price of bitcoin slump before the funds could be used by your children. IMO, its much better to loan that money into a bank with a reasonable APR; its much safe and secure.
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Not only for bitcoin I think its crazy for the whole lot of cryptos. Like ethereum which is only 3$ on january but is at 300+$ now and not to mention the ridiculous volumes of ICO's starting up compared to last year. I hope bitcoin's price would surge once again before the year end, that would be a great xmas gift for everyone!
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Yes i agree that Bitcoin reduces unemployment because We all know that unemployment is a problem in our country especially in the Philippines, there are some people today who have no jobs. Bitcoin give us so many opportunity to everybody to work and to earn a great deal of your own efforts, if you just want to learn about bitcoin.
Its the opposite actually. People without jobs tend to be at that state after they have found out they could earn here more than their previous work. They tell to themselves that they are employed while in reality they are not. Doing menial task like posting here, sharing and liking tweets on the social media shouldn't be considered as a job as they could be done by anybody. A real job demands skill.
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You could try to look at icoscanner.io the top 10 ICO's as of this moment. Personally I could recommend you to read the whitepapers of Opporty, Ins ecosystem and descrow; they are quite a good read and I think they pass your criteria
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I don't think that is a newbie's doing; it might be some bitcoin enthusiast that wanted to exploit parity's vulnerability. Good thing that the funds were just frozen not stolen; it is the only reason I can think of why eth''s price is still maintained right now.
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If you have invested that amount of money at the time of the start of this thread (january) you would be insanely rich right now. The price then was $800 — $1,150 so you get at least 6000$ profit for every bitcoin you owned...and at that point I think it doesn't really matter too if you have done dollar cost averaging.
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That's quite easy and I think I can manage that since I don't depend on my earnings here in crypto to support my everyday needs. The only thing I need to keep in mind is the reward I would reap after holding it for so long.
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I'd like to put more salt to the wound but I only feel more sorry for you. It is a very expensive lesson indeed and I hope you learn from it (well...more like pay close attention since not giving out private keys is already common sense). And for the record, you should make it a habit not to click shady links from emails and dm's--trust no one in the internet.
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Too many scam ico's out there so you got to have to do your due diligence. Some ico's are legit though but they mismanage the campaign or rarely, their contract address gets hacked so people would automatically perceive it to be a scam; make sure to stay away from this too.
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That's quite easy and I think I can manage that since I don't depend on my earnings here in crypto to support my everyday needs. The only thing I need to keep in mind is the reward I would reap after holding it for so long.
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Bitcoin offers anonymity which is a safe haven for people with malicious intentions. But IMO, it doesn't matter whether bitcoin has this feature or not since people will still use it for criminality like how fiat are used too in illegal transactions.
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No, I don't support forks. I prefer bitcoin's ecosystem more compact rather than having multiple clones of it as it divides the 'power' and the support that its supposed to get from the people. Also, people gets more confused and will probably harm the market as they have many options to give support to but none are surely successful.
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I don't think that would be profitable for the dev's part however, granting they would do it, I would not like my rewards to be paid in ethers as the tokens they are developing might be profitable in the long run and would also create many possibilities in the market.
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The title is a bit misleading...anyway I don't think altcoins could beat bitcoin's market cap as they are fairly new and the latter has been tested with time and is more established. The only thing that they could do to at least be on the top 10 coins is to provide services that bitcoin lack or maybe improve some of its features (like litecoin) and hope that some investors take notice of it.
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I don't think it could overtake bitcoin at all. Ethereum's problems are worse than that of bitcoin ie. scalability and security. Another thing is bitcoin has always been the pioneer of cryptocurrency so it is just as natural that newbie investors would put their money in it first, Ethereum being only an option.
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cos are generally a high-risk investment. You'll never know if the price of the ico after end is high and will give you profit--mosy of the time this is not the case. They are normally only for short term invesment so better invest in bitcoin; it is much stable and profitable.
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I dont plan on buying altcoins for now other than Ethereum. It's growth is much stable and could handle the price of bitcoin surging. I will wait how the fork will unfold but till then, I'll be holding and buying bitcoins.
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Banks will just be the same before and now as many still doesn't know the existence of blockchain. For that reason, implying banks traditional method would be 'killed' just because we are slowly adopting blockchain technology is nonsense sine banks will tend to the majority of users who are used to the way of their service before.
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