I personal disagree with those who counter ripple. I think cross boarder payments is a good thing, let's leave sentiment and focus more on the common goal to mainstream adoption. Corporaring with banks doesn't make ripple irrevelant, but the reverse is true. Now many are clamouring for Facebook coin, don't you think it's even more centralized than ripple in all ramifications, yet still helps in attaining adoption. Ripple isn't my best altcoin project but I'm really impressed with their products, so I have nothing against it.
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For now I've seen nothing so special about the Binance stable coin. Also, I need clarification on something, what's the BTCB Bitcoin Bep2 all about, token pegged to Bitcoin? It sounds weird to me. Binance has been doing great in all ramifications anyway, so hopefully their stable coin won't be left out. CZ has really been hardworking.
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I saw this and immediately BNB moved from 33 to 35$. I think they are in for long term corporations and it won't be surprising to see Binance list KCS soon. And you know what, that will be a blast for KCS. So personally I'll look for a good entry for KCS, it's not a financial advise but my personal opinion. Initially I was weary that Binance delisted BSV while KUCOIN didn't duelist it, I thought maybe they won't ever corporate but I was wrong. The collaboration is a welcome development.
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I'm still trying to understand what you imply here. The topic is clear but the body is confusing. Firstly, I seriously disagree with you when you say new coins are worthless. Do you know some new projects bring forth revamped features? Improved blockchain architecture? More ameliorated features? Let's encourage new projects with vision and not discourage them. I understand there are a lot of scams out there sprouting as new coins, but let's not generalize for all.
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This sounds so funny, how will you say a centralized upcoming cryptocurrency is the new king? Have you lost it? Do you understand what crypto is all about? Do you think there can ever be a replacement for the pace setter which is Bitcoin? Let me quickly draw your attention that, no bitcoin, no crypto, no blockchain technology. So let's stop such farfetched comparisons.
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I've visited the libra website but haven't taken time to go through the white paper. I'll do that when I get home because I'm really eager to know the development plans and features of this "most talked about" upcoming crypto coin. I understand everyone is anxious to find out what Libra brings forth, some with positive perception and a few with negative perception. Either ways, it's a good thing to the overall crypto market. I wonder what the crypto market cap will be next year.
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An average crypto enthusiast already knows there are a lot of scam in this space, hence it's old news to over emphasize the essence of proper research before making any crypto investment. We all are aware of the scams especially now that the crypto market is booming since there are great news , let's be careful with what ICO, IEO, STO or coin already trading we invest in. There are some sophisticated scam, let's be aware. Proper due diligence is a must in this space.
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Supporting crypto is optional, but I believe anyone who calls himself a crypto enthusiast ought to do so. I understand the crypto market is volatile and people (especially new entrants) lose money on a daily, from ICO or trading or hacks. But with proper strategies, one will enjoy crypto to the core. When I started as a noob, I lost some money but later recovered even more when I became a protrader.
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Point of correction here, BTT and FET conducted IEO on binance launchpad, you should see the clear difference between ICO and IEO. for ICO, investors have lost trust because most ICOs end up delaying listing or turning scam. But for IEO, investors are sure the project is legit provided it's conducted on a reputable exchange like Binance, OKEX, KUCOIN etc and they are sure of listing. So why won't they buy in? I will also advise crypto enthusiasts to still do checks before buying into any form of token sale.
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There is nothing like best altcoin for trading or investing. There are some coins with potentials for long term investing and holding, but there is no certainty because crypto is volatile. Example of such coins include ETH, EOS, ICX, NEO, TRX, VET, LTC. I'm a trader so I trade with TA and FA, not trading a coin because it's the best, the sole aim is to give gains.
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They don't think it's necessary for now, it's not a must for exchanges to have their own coin per say. Bittrex has been doing well without their own coin, with huge volumes. Some exchanges which didn't have their own coin started doing so recently with the wave of IEO, so they can key in.
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Personally I don't see anything wrong with the ICO concept to raise funds for a project as a crowd funding tool, but many team members have abused it already. The biggest hit was last year 2018 seeing many crypto enthusiasts falling prey to scam ICOs. Let's just be careful and invest wisely. I think IEO took the shine from ICO since its less risky.
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The WhatsApp crypto transaction function is miniature compared to what we've seen on telegram already. Well, it's a welcome development still helping crypto go mainstream. The more people get to know about crypto and it's validity, the better chances for adoption mainstream. We look up to more integration, some projects are already talking about sending crypto via twitter handles, whereby the handle will be pegged to a user's wallet address. The CEO of Twitter has also been encouraging with crypto. Now Facebook coin in view, this was a surprise to the world. Imagine facebook banned crypto ads in the past, now they see reasons to create a stable coin (Global coin) 🤔, amazing right?
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Any crypto enthusiast should know the risk involved in ICO investment, or any other form of token sale (STO, IEO). ICO in particular involves high risk, it's eminent to do proper checks on the team, token economics (know the vesting period and also check if it's over priced with respect to the total supply), and the product or MVP showcased. These are some of the things to consider before investing in any ICO.
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Yeah, XRP has been awesome with product developments but don't you think you are over rating it when saying it's better than ETH? I have some XRP on my portfolio because of the prospects it has in future, but ETH stands a better position in my opinion. It's a good thing some projects are moving to their own blockchain reducing ETH network clogs and instilling competition, a good case study here is TRON. There are many noteworthy altcoins out there for investment, but please be careful when making choices for long term investment.
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Scam and insecurity are some of the many issues retarding crypto from going mainstream. I believe in order to reduce scam, one has to be security conscious and also remove greed. Stop patronizing ICOs which promise very high gains even when the team and product are questionable. Do not take part in crypto HYIP and other related scams, in a bit to gain fast money. Be patient, do not use new exchanges which haven't got reputation, do not click strange links promising free coins and so on.
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It's not as though decentralized exchanges are not yet popular, many of us use them but centralized exchanges still have an edge over them. Talking about user interface, swiftness of operation, trading volume and liquidity, decentralized exchanges still have a long way to go. That's the reason why many crypto enthusiasts still prefer to trade on centralized exchanges like Binance, Okex, Kucoin, Bitfinex, Bittrex etc even with the risk of hack involved. I believe very soon things will take proper shape for decentralized exchanges, it's just a matter of time. I'm yet to see a DEX which has comparative features to CEX.
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Definitely, price is not everything, solidity of the project and development matters a lot. But the sad truth remains that, no one will be happy holding a coin that dips on a daily even with the best development updates. It's high time we understood that the future holds a lot for crypto, so many achievements this year and much more to come in coming years. What do you think will happen if Globalcoin by facebook is launched or when Bitcoin halving happens, I think it will be a blast for the crypto market.
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IEOs are not bad, the bad aspect is what you mentioned here; people focus more on the exchange listing the project, then FOMO and forget about what the actual project has to offer. It's clear that IEOs done on credible exchanges like Binance, Kucoin and OKEX sell very fast because investors are confident that the team members have been verified thoroughly by the exchange and the coin will be listed fast. I will strongly encourage everyone to look deep on what the project has to offer, the product or MVP, the token economics and other vital aspects before buying into any token sale.
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Malta and Singapore are crypto friendly, Estonia too. Most countries place strong restrictions to crypto because of insecurity posed by crypto and also the fact that many people will drift from taxes with crypto. They also fear that crime rate will increase, so they try to protect their citizens by placing those restrictions. I think China and USA so far have placed greatest crypto restrictions, but crypto still booms in those countries.
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