How is it possible that you have forgotten both magic words? Oh I know you must be wondering what I'm talking about, right? Here are the two magic words that make people stop investing money in these ICOs: 1 - FAKE TEAM2 - Plagiarized WhitepaperYou can look at the number of scam cases: Scam AccusationsIf I have doubt in any campaign, I keep search in scam accusation. New process is needed more time like IEO. Only few projects directly runs IEO before private sell. Real projects also can't listed if their funds is down during bear market. Main reason of death ICO is trust on new campaign |
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Hi all, great news for COCOS coming. The team works hard and will succeed. New exchanges coming soon! Also great deals. Hopefully next time they will have 40-50 sats. I bought $ 7,000 on 9 sats. ! Cocos, go go go!!  https://www.binance.com/tr/trade/COCOS_BTCWithout research and right moment, new investor are invest in cryptocurrency. Good quality all project team hard work not just COCOS team. You are making post to increase interest in this project. What's makes you over sure that this coin will pump, when no surger to up in last 3 or more months. Stop doing that let's see more interesting project |
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Hello, I like the COCOS team and the project. Short term fell to 8 sats. I bought $ 7,000 on 9sats! .8 sats very good price. Increasing my purchases. If you buy 8 and sell 9, you get a 12.5% gain! Let's see if we can make it. https://www.binance.com/en/trade/COCOS_BTCYou are waiting for some news when you are ready to sell your COCOS coin. I feel like others coin for long time no movement, continuously going that way. This coin price is falling from long time. You can make it 12.5% profits, I think already you are in lose and you don't want more lose. |
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It's back to square one if you are holding a coin or token for long term and finally altcoin season comes and the token or coin surge in value but has no trading volume on exchange, all your efforts and pain while holding is total waste, do not hold tokens or coins that have no demands, real use cases are what makes them very demanding
If project plan is good than in future volume will be increased. I have some interest in low volume coin, although now Cryptocurrency doesn't repeat same thing as did 2017 in bullrun. This could be a hype by some users like africunia token price huge again very low, volume is few hundreds dollar. |
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I'm not asking recap on what's happens in the Cryptocurrency industry, but on how 2019 made an impact in your lifestyle, motivation and financial status, is it positive or negative, are you full of hope or losing it, what is your assessment this coming 2020.
For me last year was motivational and no impact in my lifestyle but my feedback is positive. But I didn't get any good payment from bounty hunting even I was hunting harmony bounty. As last year I think is certain good bounty projects doesn't pay good rewards. Still I have hope for this year, the reason is Coinhe bounty. |
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Things why a person can easily get scammed in crypto-world
1. Greed
2. No knowledge about the project
3. Trust
This are the three main reason why they get easily scam
Greed, because there are a lot of promise by the campaign and the developer we easily believe that its true
investing a lot of money in the project that is garbage.
No knowledge also is the second reason because of the trend they just go and invest without any knowledge of the said project
Trust because they trust the people in the project which sometimes pretends that the person is a member of the project
they can easily decieved that once they invest , they will soon find out that the person is just impersonating , and not really
what all expected.
Any exchange trust could be another problem from when IEO was becoming popular. By closing eyes we can trust Binance IEO. Although now Binance exchange IEO has problem which is trust. Without invest we shouldn't involve any exchange IEO. In bear market every thing is on our hard research. |
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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?
This is so easy for new account like Vidy. Although Vidy was legit to investor but they did fixed bounty reward for all hunters. Sero has some problem with distribution. I didn't find good project with good bounty manager but no payment distribution, although Token pay by jamelezae was different |
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Note: This is not about how to identify good coins to HODL
This is about how you can be a good long term holder
1. You must have another source of income
Either in crypto space or outside crypto space you must have other source of income,there was a time when i used to rely on coins i hold for monthly income but most time they failed me because some altcoins takes more than a month to add value. You can learn trading or find a better job to get constant income for your daily needs.
2. Not all altcoins are good for long term holding
Some altcoins are too weak to have better value overtime,these coins only add value to price once in a blue moon,WHY?because the power of demand is too low and they have no working product,i belief that working product is what makes a coin have many more investors
3.HODL Only Altcoins With Real Use Case
There are different categories of coins with use cases,many use case are weak use case,for example using fashion designer to back a token is a weak use case to me because it means you can only use the token to buy the designer wears and many will call this a real use case? no it wont do very well.
Make sure that the real use case of every altcoins you hold will be very reasonable,the products backing them up must be something that is different and will catch the eye of investors,the usefulness must be outstanding .
4. Stay Updated Always
Opportunity comes but once as many know it,so always stay updated about crypto,read crypto news online and keep tracks on your altcoins so that you wont miss future updated or even token swaps,some altcoins i hold have already switched to MainNet and im glad i dont missed the opportunity,you can use blockfolio app to track your altcoins.
Altcoin season is what many are waiting for,even new projects are waiting for altcoin season to return before they get listed on exchanges,im sure of one thing and that is good things dont come easily,today is bitcoin turn to reign and one day altcoins will have its day as well.
If you don't have another source of income than how you will survive in cryptocurrency world. After Bitcoin halving another source don't be needed, because price could be run of Bitcoin. My experience is also saying number 4 option, I missed huge profits because of stay update. |
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What would you do if you've been promoting a project for over a month and the bounty manager refused to update spreadsheet? After getting in touch with admin on telegram channel they keep saying no update from team yet, what will be the best decision if you are in my shoe?
Bounty manager can't do it by own. All scam accusation is going to project admin. So many projects didn't paid to bounty hunters, nothing is change in crypto. Alchemy is good project, in this situation you can't leave without update your stake. Same problem was in first round of alchemy project. |
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No, there will be only one coin.
It will be a transition from POW consensus to POS. They are planning to make it completely miners free. They plan to do it in 2020. I do no think it will be possible in 2020.
Only reason to price dump is mining and I think they will do it in 2020. This update isn't only improve proof of stake, transaction speed per second and more privacy will add in Ethereum blockchain 2.0. Besides Ethereum 2.0 next year has plan of Vitalik Buterin is two another hard fork. All are coming in next year. |
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You have to make a investment to profits mining or staking. Mining is very expensive and also has country legality problem. Before Bitcoin halving you should start Bitcoin mining. If you have interest in others coin than you can do Ethereum mining because after Ethereum 2.0 only support proof of staking.
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From my point of view, scam projects have taken away the glory of genuine projects.
Due to too many scams around crypto space, investors are not confident on investing in new projects. It's Becoming very difficult day by day to find out the legitimacy of the projects.
This in turn affecting the projects and result of this is not raising the funds as expected and required for further development of projects. This is daviating projects from their roadmap which is resulting in too much delay or even failure.
Missing interest in investors is somehow obstacle to growth and further research of dApps projects.
I think, rugulations will solve the topic to great extent, but is there any other way to stop the scamming and not just going away from it?
Please apply your thoughts.
Cryptocurrency price fall, this isn't first time like 2018. By all problem cryptocurrency dump, this isn't means that last 2017, there wasn't any scam project. This is all because of correction time. After this year Bitcoin halving and Ethereum 2.0, altcoins could be ok and correction time will over. |
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In some cases where a token price crashes soon after listing on the Exchange, the blames has over time been attributed to the bounty hunters and sometimes to early investors that received certain bonuses.
Do you think 40% bonus for early investors is too much and capable of crashing token price?
40 percent isn't huge bonus for early investor. As one post 2500 percent bonus for very early investor. I think early investor or bounty Hunter couldn't dump market. Any investor wouldn't sell their whole token during 100-200 percent negative. Whale amount of token can sell Dev when price is dump. |
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I noticed several update from YouTube and several restricted rules from YouTube. I didn't find any rules against cryptocurrency or I did miss. But I believe this is another restricted rules from beginning, after sometime everything will run and will go smooth for few months just quite down or upload by maintaining rules. |
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wow! I thought I'm only one who faced myetherwallet.com website problem. I have problem something different, not this error type. After click this link whole website is just blank. Although I found out that this is only my device problem while I'm using chrome. I can't solve it from long time. |
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We are trying to gain trust again in cryptocurrency space. Supporter of ICO is real but there Dev can scam people. Exchange can scan us by IEO. Although still Binance IEO has huge support by investor but after sometime all are vanished. Here something is interesting in IMO ecosystem. After 31 December we will the future of IMO ecosystem.
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Excluding the fact that bear market is good for those who wants to invest in coins ,buy at cheaper rate with more quantity ,Many hate bear market because there coins lose value but here are some facts you should know
The delays from ICO projects either bounty rewards or getting listed on exchanges are mostly because of market condition ,all these projects are hoping for a better market surge so has to make higher profits just like 2017 ,either the project has funds or not ,softcap or hardcap raised successful there will still be some delays, you will even see projects putting locks on bounty rewards ,some for six months or more.
If bitcoin hits 30k tomorrow and ETH turned over 1500$ you will see all this projects rushing to exchanges ,releasing locked tokens ,no matter how bad the project is, it will still be profitable,this makes me feel that all this projects have nothing to offer ,they are here for gains ,some short gains and others long term huge gains.
THE FACT IS BEAR MARKET GIVE BIRTH TO VERY GOOD PROJECTS WHETHER YOU LIKE IT OR NOT ,KUDOS TO ALL THE PROJECTS THAT GOT RELEASED IN BEAR MARKET AND STILL CONTINUE WITH THERE ROADMAP AND GET LISTED WITH NO DELAY,IT MEANS THEY MEAN BUSINESS, it means they are here to deliver at best ,market condition doesn't worry them and they believe that there working product will do the rest.
Bear market is bad for those who lost huge money in bad project during invested in 2017. Now I think that in 2017 so many projects was getting success but idea was very poor. This type of coin had huge volume. This is we should remember in next bullrun before invest in new projects for long time. |
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Hello, I would like to know which projects have really achieved their goals after an ICO/IEO/ITO. Is there a page or statistics about it?
Success of bounty campaign history you could find a good coin, but useless coin is more than of that we know. Check Coinhe, sero, harmony, and Atomic wallet. My favorite one is Harmony and I was hunting it. Absolutely this project isn't useless project as others project |
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Really if there is anyway to erase scammers off crypto space it would have been better, 2019 would have bring better results for altcoins if not for scam projects everywhere scamming new investors, now scammers are scaring off new crypto investors wannabe since there is no trust or whatsoever and investors don't want to lose money either, whatever the next altcoin results is going to be will not be huge as many expected due to investors not trusting new altcoins anymore, no wonder why binance launchpads are selling out in seconds.
If crypto space is just like how binance managed IEO project in return for their own reputation altcoins will be skyrocketing right now because much more money will flow in, exchanges like binance is giving out trust investment that i really hope the entire altcoin space can do the same but its a shame scammers are robbing off the trust
Cryptocurrency is building on our trust and security because we saw it secure so we trust and invest. We invested our money in cryptocurrency when we didn't think about scam project. This could be done by one day because now we worried about scam projects. |
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