Hopefully by 2020 many more investors will come around but i won't get my hope too high, even after the next bitcoin halving things might be sluggish still, but i belief the adoption rate will keep growing
Halving moment might be a catalyst for the cryptocurrency market to recover. If bitcoin prices can recover above $ 10k again, I think investors will start arriving again and altcoin prices can keep pace with bitcoin price movements. 2020 I hope to be a good year like what happened in 2017 |
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I got scammed by this project called temtum. Signed up for their bounty months ago, posting for their campaign, filling up 2 kyc forms and pushing for its deadline, and now they are telling me i didnt pass it. It is not only me who encountered this. Hello Richard Dennis.
KYC matters have always been a problem for bounty hunters and sometimes the bounty campaign gives a short deadline. But there are also many campaigns that from the beginning notify KYC regulations and hunters should complete KYC before participating so that events like this do not occur |
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They just create some kind of hype once or twice in a month or week and make their profit with fake exchanges and forget about it, I am talking about the developers of those kind of altcoins which are not performing and these are totally waste for crypto market and also creating confusion for new people who are entering in crypto world so what's your opinions. Useless altcoins must be remove from crypto market if it happens then it would be great and very beneficial for crypto world.
I agree that altcoin is useless and has a small transaction volume in delist from the market. Many projects that are already inactive but still exist in exchangers do not even have transaction volumes and I think if deleted, will make the cryptocurrency market healthy and provide real data about market cap value |
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Altcoins a large number. And many projects have not been developed for one year. There are a lot of such Altcoins. Before buying altcoins and holding them for a long time, you need to understand the project team and its further development. If altcoin is promising, you can hold it. Now the cryptocurrency market is not developing stably. Be careful when investing in altcoins. My opinion is that the future lies with Bitcoin.
Agree, to hold Altcoin in the long run, we must understand about the project. There are many types of altcoin on the market and there are more than 3000 altcoins so in my opinion research is needed so that we are not stuck investing in bad altcoin. I agree that for long-term investment, Bitcoin is still a trusted asset |
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I heard that what most bounty managers do is to conduct the bounty project and later submit to projects teams for distribution, is this not why some projects never paid bounty hunters?
not really, indeed the work of the bounty manager is the selection of bounty participants and after that is paid if they submit their work, then the project team processes payments, if the project team does not pay means they are scam +The job of a bounty manager should be the guide standing between bounty hunters and project teams
+ Bounty managers should be the ones to hold on to the project tokens and distribute after bounty ends
if your idea is like that maybe many project teams feel disadvantaged, because the bounty manager might be able to run off their money, so the project team and bounty manager invite trusted people in the forum to become third-party escrow who hold project funds for bounty hunters If projects team are thinking that the bounty manager might run off with the bounty tokens then they should start using well known professional bounty managers A good project will definitely choose a bounty manager who already has a good reputation in this forum and is well known in the cryptocurrency community. From what I understand, the bounty manager has the authority to manage the campaign, but for payment matters, it still depends on the developer team |
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So far this year , a lot of scams have occurred in the crypto sphere ranging from projects scamming investors and as well as projects not paying hunters for their works.
What do you think can be done to counter this ill manner behaviors that has been painting cryptocurency bad?
I think for the time being there is no way to detect a scam project. Indeed, the existence of the scam project makes us experience losses and failures in investing or when we participate as a bounty hunter, but from this we will have new experience and knowledge about how we will choose projects by comparing with the scam projects we have ever gotten so we don't repeat it again. Agree, it is difficult to detect a new project as a scam because a scam project sometimes makes the project look legit. I think there are many hunters who are deceived even by members who are old and I think the bounty campaign needs escrow so that the hunter is still paid even though the project has no road certainty or failure. |
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Many business sectors have not been worked on by projects that are already on the cryptocurrency market. One of them is peer to peer lending for small and medium businesses. Cryptocurrency will continue to grow and I think there will be many projects working on various business sectors including peer to peer lending of small and medium businesses. If this continues to grow, I think adoption will be faster
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How to earn money on today's cryptocurrencies by following various campaigns such as Bounty, airdrops, Faucets, affiliates. That's my way from the first to the present.
There are many ways to get money in the crypto market, not only from bounties or airdrops. Staking can be an alternative if we do not have large capital to build mining equipment because we will get passive income |
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There is a high chance that trading platforms aren't 100% fair when you are using them because they have to make money too, when you lose its a gain for them and when you win its a loss for them so why will they want you to always win? i've heard complains about few trading platforms that cheats people for example iqoption, always remember that they will never work for free, they want money just as you want money too
In contrast to my opinion, even though we trade in centralized exchangers, we trade peer to peer because there are no margin facilities. As far as I know, exchangers get money from transaction fees that we do and if this is multiplied by transactions that occur in a day, I think the value is great |
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Its impossible to have one or two coins in crypto space because one or two coins can't solve all the problems we have in this world in every aspect of technology or others, if you want to keep a coin for a long time make sure the coin or token solves one or two problems in crypto space or the world, this type of coins don't die easily because they have real use cases, its simple as that
Coins that are suitable for long-term investment are those that already have a product. By owning a product, a coin or token will continue to be traded in the market, especially if the project is able to make a profit, I think investors will continue to hunt for the token or coin and expect profits from the company. |
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If i have to look back at the past of bitcoin and crypto well i'd say there is still huge hope left in future, despite all the ups and downs in the early life of bitcoin and few altcoins available back then here they are today, and now here we are with better adoption compare to the past, once upon a time it was just a single btc ATM in 2013 and now we have thousands, Adoption is slowly taking over but its hard for many to see because many are so unprepared for the down side of crypto, they only want the good side which is not a reality to me, for what so ever is going to work will have its challenges, remember that rome was not built in a day, lets fully support the technology and hopefully we will start seeing 6 figure bitcoin price in the near future..
Agree, if we look at the gap between the current price and the highest price, in my opinion there is an opportunity for us to take advantage by buying coins or at cheap prices. I believe that the crypto market will recover and maybe the market cap value will reach trillions of dollars so I think now is the right opportunity to buy good tokens or coins |
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Blockchain is one wallet that I use. For other wallets, I prefer to use a mobile wallet, the Trust wallet. Currently there are many wallets that we can use and each of them has its own features, but we better choose a wallet that is trusted
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Behold good trading volume doesn't mean a coin or token is good, i read in a thread where few people are saying if a coin has no volume means its a bad coin, well here we go, bad coins can have huuuge volume, you must have heard of bomb token? bomb token has good trading volume but guess what? it has no real use case, the volume comes from HYPE because its a deflationary tokens, people believed that the more a max supply of a token get decreased or burned off over time means they are GOLD tokens, it does bring profits to early adopters like they say but NO REAL USE CASES.
I think it is too risky if we trade with tokens that do not have a large market cap value because it can be when we buy tokens at high prices or are exposed to FOMO. It is better to focus trading on coins that are already popular and have large daily transaction averages so that volatility can be predicted |
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If 2019 should have been reversed back to 2017, just these once what would decisions will you revert?
If I can return to 2017, I will buy a BNB Coin at the initial listing or at ICO. BNB Coin is one that gives big profits to its investors. But I hope some of the coins that I hold in my wallet can have the same performance as BNB Coin in 2017. |
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I am curious to know, how Exchanges treat the stolen money or hack money? Are they really aware of it? Just think, your fund has been hacked and transferred from your wallet to another wallet and then it's deposited to an exchange. If you claim to the exchange about the money, Are they not responsible for taking necessary action? What do you think?
Some exchangers blacklist deposits from wallet addresses that are indicated to have originated from hacking. This is a good step because it can isolate hacked tokens or coins so that hackers find it difficult to sell and in the end they give up to do it again. |
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The decision to sell a house to buy crypto, especially altcoin, in my opinion is too risky and dangerous. Cryprocurrency has been known as a risky investment and has high price fluctuations and in my opinion it would be wise if we invest using funds that we can afford to lose. Although the altcoin option is good and looks solid, in my opinion it should not have to sell the house
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yes, it is true etherscan useful for checking the balance token in eth wallet erc20 now using bots in the telegram is also very helpful to see the tokens that have been received. This is very simple and helps a lot of people who want to see their assets they will see it is very easy you just enter your wallet eth address if you want to try https://t.me/ETHtokenExplorer_botif you choose a wallet for erc20 for your token then you can use a myetherwallet wallet which in my opinion supports all kinds of erc20 tokens and I believe more if using a wallet from myetherwallet rather than using a wallet from a telegram bot which in my opinion has a high risk. To accommodate ERC20 tokens, currently the best and easiest to use in my opinion is MEW. We can easily monitor the value of the tokens that we have and also find out which exchangers are trading it. Besides being safe, in my opinion MEW is easy to use even for newbies |
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Few of my colleagues told me they quit bounty because many new projects are finding it very difficult to reach soft cap and those who manages to reach softcap ends up listing on ridiculous exchanges because of listing fee, a part of me feels like they are right because if a new project fails to aim for top exchange its game over, the question now is why promoting new projects then?
We are never about the success of new projects in the market but if we have done research on the project, I think that success depends on the market and also the developer team in developing the product. In my opinion, we are still working on the bounty because we believe that the project we are promoting has prospects even though the current market conditions are not good for almost all crypto. |
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I don't think that the tokens from some of the exchanges you mentioned will die. An example is BNB, besides being used on the binance market as a trading pair, BNB is also traded in many markets. Don't you think they now have a strong community in the market ?
Most token exchangers depend on their exchanger. This is different from BNB Coin, in addition to already having its own blockchain, BNB Coin also began trading at many large exchangers so that transactions do not only depend on Binance. |
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Ethereum is a popular network and is often used by many developer teams to make tokens for the platforms they make. Maybe more than 80% of tokens on the crypto market today are ERC20 and this is what makes the overall market cap big. But in my opinion not many ERC20s are successful in the market due to many factors and one of them is the project abandoned by the developer team
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