Guys, do you think that ICOs could make a come back? I do and here is why. Every year dozens of companies raise money in Silicon Valley for startups, many pre revenue. Also, with the economy injured from nCov19, it would make sense to allow for new economies. This would include letting new startups in Blockchain raise money, and imo if they are well vetted, and trusted by the community, they should be allowed to raise money. What do you think?
Yeah, new blockchain based projects should be allowed to raise funds but only after filtering for quality, practicality and competency of the team because trust is a must thing and fake and scam icos have dented the investor confidence badly which needs to be regained, obviously IEOs are one step forward towards that but we know not all projects are able to list at a reputable ieo launchpad. |
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Recently one friend suggested me to checkout jarvis network project with their token named jarvis reward token JRT. When i researched it came out to be a quality project, team is outstanding, competent and very responsive to queries and they are developing high quality products that are unique and innovative, price of the token is still low as campared to the huge potential so i would suggest everyone to check it out and i am sure you will like it.
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I agree with you somewhat about bitcoin and the problems it solves plus its pure decentralized model while other alts being run like a company of a typical corporate sector but btc has to improve rapidly and get rid of scalability issues to truly rule this market.
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Especially if the reward is not big enough then limiting the number of participants is a good option so that each participant can receive a decent reward in the end, keeping campaign open will potentially make it very difficult for participants to receive a decent reward because it will be diluted by thousands of participants and it will not be worth time and effort.
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I was scrolling the Icodrops website, I saw there were many ICO projects, and all of them had the world's first and revolutionary technology in the various sector! From medicine to soil, ads to robotics! What happened to them?
Most projects during their token sales make extra ordinary claims and promises just to raise funds while in reality they do not either have the capacity or the expertise in the required field which eventually results in the failure of the project after months or rather years of slow development . |
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Ethereum has remain very strong as the second token on most websites and blogs with list of active cryptocurrencies on the exchanges. it stands the second token behind bitcoin and the top most altcoin with the second highest market cap. recently, transaction prices keep increasing and most developers are leaving the ethereum platform,
does this means that Ethereum Network is Over used and require more development to substain transactions on the platform OR there is Nothing that can be down to settle the payment issues that cause high price during transaction.
To answer your question is very easy, just compare the all time high price of ethereum that occured 2 years back with current price and what will come to your mind? Easily you will get the answer that eth is undervalued. After 2 years of rapid development and improvement i think next peak will be much bigger than what we saw at the start of 2018. |
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Basically, it shows the genuinity of the project and the team and staying true to their words is very important for all these projects and i think all other projects should also follow cartesi and deliver what they promise, most of projects and campaigns need to learn this lesson very badly.
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As the post corona scenario i see crypto booming more than ever, big funds, institutions and even governmental departments are looking for alternative markets to park their funds and at the same time make returns and for that crypto has emerged as the best solution so i assume all quality coins to grow huge in value maybe in 2 yesrs or so. |
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Yeah basically there are some regulatory and taxation issues and those are complicated because crypto is generally anonymous and this complexity has put most governments around the world into confusion regarding crypto but i think all these things will be resolved and a good solution will come forward soon and we will move to mass adoption starting next year.
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Yeah holding a percentage of your portfolio in usdt can prove to be better so that you can enter at times of unexpected crashes and dumps to accumulate more coins and also make your buying average better but i do not suggest to keep more than 20 percent of your portfolio in usdt.
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People have been holding etn for over 2 years now and it has just reached the ico price so no real need to rejoice, the fact is that it was dumped hard, i had few etn from ico but sold when i saw that the project was over hyped and price almost came back from highs to ico price, if they had delievered i am sure etn would have been a top project by now.
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Yeah entering daily in hope that market will go in the direction of your trade is not a good idea especially in crypto market where top coins are deflationary in nature so longterm hodl works the best, unnecessary day trading or scalping can put you in a trap and you can miss out on big bullish moves of top coins so stay in the top coins and not fiat.
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As i have been monitoring long and keeping the longterm view and historical cyclic patterns in mind, i would say that btc under 10k is good entry likewise eth under 400 is good entry if you can hold for 12 to 18 months because the new all time high prices are expected to be huge this time around due to change of world dynamics.
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I like tokpie for two reasons, it is not just an exchnage but comes with a unique idea ehich no one has introduced even till now and that is bounty stakes trading, secondly, i think this is one of the projects that came up with a developed product and then they started their own bounty campaign to get attention and to send the message across. Such projects are not often seen in the market that is why i do respect tokpie as a project and i think it has a long way to go. I just hope that they will partner up and promote only quality projects.
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I am also bit disappointed with the rewards most of the campaigns are offering at the moment, i do agree that there are some good campaigns in the market as listed but when you see number of participants in them and divide the reward it seems like most people will get just peanuts after working for many weeks.
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Basically mining as an industry is on the downfall and slowly all coins will move to proof of stake model so i would suggest you to sell your equipment and pick some good coins and hodl, if you donot want this option then keep mining btc and accumulate the mined btc till next year when you will be able to sell it for high profit.
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Ethereum is upgrading its network to meet the requirement of the work where we will move rapidly towards decentralization and also the overall crypto adoption will be brought about by eth network. Ethereum to me holds the key to mass adoption that is why people trust Eth than anyother project.
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Last time around all these opinions were even louder and we saw xrp mooning from 5 cents to over 3 bucks which is considered as probably the biggest move by a top ranked coin, i am sure this time around the same will happen and do not forget the adoption volume will also hit the market this time around post corona.
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Dumps do not really matter rather they are healthy for the market and if we see the market situation we can see that historically corrections and dumps have proven to create strong support prices where the future value can build on, same will happen this time around just donot panic and hodl.
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I will take it in a different way and i will say that it is perhaps the best fork of bitcoin that is available in the market both regarding market price, volume and adoption. While there are almost dozen other forks that fo not even come close but yes i do not like Reger Ver's claims of bch being the real bitcoin that is absolutely not acceptable, hope he grows up and never repeat this mistake again.
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