Although the trend right now is bearish, I prefer this instead of price increases every month like in 2017. My reason being, most of the people with the mindset of getting rich quickly are probably out of this space since they can't stand the drought--only the more passionate people are left which will of course be good for long term adoption.
I still hold my alts since 2017, and one of them is EXRN. It is incredibly undervalued right now and the community is great.
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Bitcoin will not be difficult for those who want to understand it. Therefore, it is still understandable. Very soon he will completely infiltrate our lives, I believe that it will happen.
It isn't about the difficulty though, the problem is, there is not enough people who WANT to understand it in the first place. Some already think that learning about it is unnecessary since we already have fiat. In this case, we should ignite their interest on why it is needed in our society especially its advantages like transferring value overseas almost instantly with minimal fees.
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That might be a biased survey. If they really think that way, they wouldn't be one of the countries with the highest volume by mining. As far as I'm concerned, cryptocurrencies are necessary since in the future, modern problems will arise and it will be the solution.
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Many ICO projects fail to keep their words when it comes to distributing tokens to bounty hunters. Since you are planing on conducting an ICO, it might be a good idea to put the bounty tokens in escrow. Also, don't do ICO if what you are trying to do is already in this space(like crypto wallet or exchange platform) since it will surely fail.
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It depends on the strategy of the team. Some return it to the bounty pool to be shared again by the remaining participants. Some include it to reserve tokens for future development of the project and some just include it to the tokens to be burnt. The bounty managers could also keep it to themselves if they are tasked in distributing it, this rarely happens though.
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You have missed a good option for choosing a good bounty. I found bounty manager as one of the good criteria because good bounty managers will not come with a scam project. It's almost guaranteed. That's why I prefer joining a campaign conduct by good and reputed bounty manager.
This is not always true. To give an example, deadley who's a bm known to manage many successful projects like electroneum and ins, also handled projects that are worth nothing, that is ntok. It still boils down to the actual idea of the project; whether it has anything new to bring forth in this space or not decides its success.
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The price of crypto is too erratic, it will be hard to track your gains and you have to take several counter-measures for worst case scenarios. Though hard, I still think it has lot of potential given that this space is still growing and many ideas will ideas will come up making lending easier and risk free like Micromoney. It only needs few personal details and lets you use their token as collateral.
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Alts going down whenever bitcoin is tanking is to be expected as all crypto are pegged to the latter. Moreover if bitcoin is down, alts will be several times lower, vice versa. This is because they are leveraging bitcoin. However this is not always the case. There is a time in 2017 when money form bitcoin flowed into alts. That was the time when the ICO market has become popular.
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Eth is King. In terms of market capitalization, it is at the top of alts. In terms of adoption, its network is used by many projects to start building their own token--which enables all sorts of ideas to be integrated into blockchain to make people's life easier.
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The ICO market will die. The examples you cited are only a small portion of the total number of projects being launched so it means that good projects are getting less and less through the years. Whats more, the majority of projects are either scam or the team fails to deliver the product so investors confidence are damaged.
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Their fans might believe since buying the same things your idols have would make you feel you share a certain connection with them. Endorsements like these though is not an effective way in the long run since first, promote ICOS--which we know that has quite a reputation when it comes to dumping. So people brought by that endorsement would think that this kind of trend in the ICO space is the norm for all crypto market.
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Banks don't want to incorporate crypto since it is still in its early adoption stage. There might be problem in the future if they carelessly accommodate it. Besides, crypto and banks are not necessarily on good terms. Lucky for you, your account didn't get terminated. From where I live, if you say your income is form cryptocurrency your bank account would be closed.
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Bitcoin does not need to replace fiat completely because it also has its own weaknesses. Fiat too has many misgivings that only bitcoin can complement which is why they should instead be used alongside each other.
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we are aware of the risks in joining bounty campaigns so your kind of story is within expectations on this space. You don't need to necessarily stop doing bounties, you also don't need to put a lot of energy into it since you can never know if it would turn out as a scam. Just do it when you have free time--similar to like a part-time job.
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All altcoins are dependent on the price of bitcoin. It's relationship is like bitcoin leverage where if btc pumps, the alts pump more. Now, majority of projects are eth-based so it is bound to depreciate more and the ico market is already getting unpopular to new and old investors so if bitcoin goes any lower than 1k$, it would certainly die.
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I think we are still in accumulation phase;people might start to move after the etf. What's happening right now might also be a bull trap since prices are just being pumped due to several big events like the nearing ethereum hard fork.
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I hope with this events, the market would still show organic growth. Because if people fomo'ed in again, the price might increase abruptly and would seem like a bubble again to other people. If you mean mini bullrun , I think it can be happen in this year. But if you mean big bull run , I predict it will happen 2 years forward.
Indeed. bitcoin has 4 year cycle so if we take into consideration the last bull run which is on 2017, the next would be 2020--that is after 2 years.
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The managers could definitely use this to gauge a participant's ability to create helpful posts and award them extra stakes. This would in turn motivate bounty hunters to improve their post quality. They could also trace users with multi accounts and ban them if they thought of increasing their merit through their alts.
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I am a bounty hunter, I am very patient to wait for tokens to be shared. My experience in being a bounty hunter is that many bounties are delaying distribution because they are afraid of a dump. I was very disappointed with the admin's decision because it wasn't on schedule.
Most of the projects don't follow their roadmap mainly because of the market situation. They postpone their main sale but will accept private investments to sustain their operations. As for their fear of dump, their concerns are useless since most of the ICOs after listing dump anyway.
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binance market for the best while .... the cost is also quite cheap compared to other exchergers ... I think for beginners enough
I also use Binance. The UI is easy to understand and you could opt to hold bnb to minimize trading fees at the same time earn passive income. Second best for me is OKex. It has nice volume and their support is very good based on my experience.
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