many factors influence the bad image of new projects, especially indications of fraud, lack of project ideas or product marketing, weak market situation, many new developers do not care about the projects they have built before and also the loss of investor confidence in new projects at this time.
Scammers who created the distrust of investors are the main factor why many new projects are unable to make a good progress they've got nothing from any traders and investors as supporters are now wiser than before. They already learned from the previous market movement and how new project perform previously. There's a big need to keep enhancing your understanding to avoid making a big mistakes.
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The fear of dumping often makes the project team fear or avoid the payment of hunters until sometimes after the exchange listing. I wonder why the team make themselves restless on an easy thing like that when they can easily conduct their bounty with bitcoin or ethereum for payment. That will safe them of the fear that the bounty hunter will dump after the exchange listing.
I wish the projects would buy into this idea of rewarding bounty hunters with ethereum or bitcoin. In most cases, the project don't care about the bounty hunters and are only willing to pay after the tokens must have been dumped by the team and investors. I'm personally of the opinion that its not the bounty hunters that dump the prices, rather it's the team members under the guise of bounty hunters. I wish issues as regards the altcoin bounty can change for the best. It's no longer a secret but realities around new projects. Most of them are the reason why the project got completely dumped and die after. No wonder why they gave the bounty after the coin being dumped, they wanted to make sure that the blames will be pointed to bounty hunters who have no other choice but to sell the coins since there's no chance that it will grow back since the market value is already down.
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New projects are just there to make us more money, that is the reality of cryptocurrency today. No matter how innovative it is, no matter how good the marketing is, it is all the same. You make a project, you get investors, you got an exchange, you dump, and then you make another project. The cycle of ICO and IEO. There's no ending to it and that's why cryptocurrency as a whole will be affected. Unless it's a stable coin with a good budget on its own.
That's how developers think right now, they are just creating project and bring investors money inside then list it inside the exchange and dumped the together with early investors who bought within the pre-sale period. Traders who will buy after being listed will be trapped and sadly say that will be losing their money. The cycle will keeps repeating itself and many more projects will show up with the same concepts.
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You must know what trading platform are you going to use first, then you must also review the coin you are going to trade for. Once you finally know what it is, of course you need to learn the basic things about in trading, learn how to read candle stick, or reading in the graph between buy and sell method.
Learn the basic but not to stuck on it, continue enhancing your knowledge and skills to make sure that you'll be able to manifest all those things that you've learned out from this market. Many traders are aiming for short term gains only to find their-selves losing a lots of money, the volatile characteristics of this industry needs to be assess. Take the risk but make it little by little until you fully convinced that you are ready to jumped to this business.
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Here in my country banks do not ask where the money is coming from if you do not withdraw probably more than 10-20k dollars. For amounts smaller than that we don't have to tell anything about our source of money so it is not a problem for us. Cryptocurrency is not something illegal tho.
Good for you, but in some other countries where AMLA is too strict they needed to provide information about the money and it will be frozen if you won't be able to provide the sources of your funds. You have to provide good information to avoid this delays and make sure to have valid proofs to ensure that you can justified your money which not coming from illegal activities.
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The fear of dumping often makes the project team fear or avoid the payment of hunters until sometimes after the exchange listing. I wonder why the team make themselves restless on an easy thing like that when they can easily conduct their bounty with bitcoin or ethereum for payment. That will safe them of the fear that the bounty hunter will dump after the exchange listing.
They are delaying the distribution due to fear of dumping, whats important for them is to secure their earnings and do not care about the hunters. Paying using their tokens are also their way to promote it and its beneficial for them and if ever the project fail it wont hurt them much since they pay using their worthless tokens. Unlike if they pay using popular coins which is expensive and needed a huge budget to be able to run their bounties. It's just another reasoning from the developers, the amount of bounty rewards can't dumped the entire value of the project if the team is really responsible, they are just delaying the process to make a blaming games, the timing of distributions will take place once the dumping is ready so investors and traders will see that the hunters are part of those reasons why the value is getting dumped.
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do not follow it all, some coins that already have an active market and are listed on the coinmarketcap are safer and legit. today I was just told my friend has got airdrop / earndrop from NRG with a pretty good value. I only smiled because I did not follow the program. Many airdroppers don't have a problem with kyc, but if you follow the airdrop randomly and are fooled, this will be a problem.
That will be the best suggestions, because more of the airdrop right now ask for KYC or personal information to join, so its not really safe to join them all. Besides more of them is less value or no value at all so dont waste your time to projext without researching. Don't waste your time participating with those airdrops that only provides small to nothing in value. The market is no longer friendly with such activities unlike before where you can earned huge amount by doing small things. Participating with airdrops who required you to process KYC needs to be reassess as there are many cases where participants identities were collected without any rewards.
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Cant see Estonia in the list. They were on of the first who accepted and support cryptocurrency. As well as where the hell is China ? China wants to bring blockchain to national level.
Estonia is a small country and their capitalization is not too much for the crypto market so they are not shortlisted. in China, they only support blockchain technology and in addition, they hate crypto. China's prime minister has spoken out on the elimination of China-based exchange exchanges and is determined to eliminate fraudulent businesses in their home countries. China wanted to take full control, this is the very reason why they wanted to take advantage of blockchain system, they see the big pictures and if they can maximize this system considering to have their own versions of cryptocurrency, they wanted to make sure that it will run smoothly and will not be interrupted of those existing coins that's why they really wanted to have a full access and control to any business related to cryptocurrecny.
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We have often witnessed that the growth of altcoin is associated with the growth of bitcoin as whenever there is a pump in the value of bitcoin we have witnessed green days for altcoins too but how long will altcoins be dependent on bitcoin? Do you think altcoin can do it alone and have it's own pump and dump without being dependent on bitcoin? What will it take for altcoin to prosper without bitcoin's involvement?
Because Bitcoin is considered the USD of crypto meaning it is the index of all cryptocurrencies. The only time altcoins will be independent of Bitcoin's movements is for another altcoin to take its place in terms of deeper liquidity and more trading volume. The sad fact that stablecoins have a growing and bigger trading volume than all altcoins, points to the lack of confidence with altcoins. It can't be denied that most of the traders uses stable coins than certain alts the confidence that it will keep the value of the asset is much prefer than taking the risk using alts that can fall when the dumping market is taking place. There's still no particular movement that alts can move forward without the BTC being paired. It will take time before this will happen and still depends from how the traders and investors will adopt and entrust to those alts.
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Until now, problems related to scams became a global issue, because scammers are everywhere. Not only in the crypto world. But strangely, the deception that occurred in the crypto world was more in the spotlight in the eyes of the world, therefore ICO projects were a scam, become negative effect on the crypto world. We as crypto supporters must try to educate newbies so we can avoid scam, because there are many newbie victims of fraud. I hope next year the number of victims of fraud can be reduced drastic, because I'm starting to see now that people are good at distinguishing between real and fake projects.
Each of us can help if we are all going to expand educating those newbies to avoid or to lessen the chance of getting scam, people who understand well this market needs to open their doors to give extra precautions as the global problem regarding to scamming people really affecting the market. Most new investors who got victimized shared their bad experienced and no longer interested to continue investing.
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The cryptocurrency room is open freely, everyone can enter easily, many new projects are being developed with a clear vision and we will find it in the cryptocurrency they are trying to create the best for crypto. if investors do not look carefully before they invest because it can make them lose everything
Without proper research and studies the project that you'll going to invest with will let you lose your money. You need to be specific with the usages of the project if that certain don't have any target venues or any help it will be another coin that will be forgotten. There's are many coins inside this industry and most of them was created to grab advantage with investors who doesn't have any ideas with this industry.
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Naturally, men are more interested in technology, discoveries, and everything. Men always want to explore complicated things. This is just my own feedback I knew there are women that have better knowledge than men in terms of cryptocurrency but in the majority, Men steps up. In fact, I think in this forum Men have more numbers.
I am not supporting your statement. We do not know the identity of satoshi it may be possible that satoshi is a women !!. In most of the countries, my tradition a man decides the investment for their family. That's why there are very few women I think. That's also an influence, due to the traditions women mostly overpowered by men in terms of financial will. Most of the time men dominated the investment ventures that's why there's a lots of men around crypto or in any other forms of investment. Regarding to Satoshi, no one knows who or what his/her gender so we can't assume.
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Most of the altcoins who has raised the price more than 20% in a day lately are altcoins with a low volume (less than 1mil usd per day) and i think those are not natural rise but the whales are pumping it. So becareful don't get trapped You need to be more careful as those coins that being played by whales and pumpers only artificially moving and any time they can dumped it and lead you being trapped buying those assets. It's always better to buy good projects which still have potentials to move up even the market for the meantime is bleeding. collect those cheap coins and wait for the bounce up.
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The bounty hunters has to find a way to stop this unfair treatment as it is already becoming unbearable.
what kind of fair rule do you want? in fact the project team views us as 'who needs' and because it is as if the bounty hunters are in need then they can control it. indeed, we basically need each other, but in reality they can reverse it, I do not understand the solution for this because we are here independently. there is no one who can help in this, even though the forum admin Your own will brings you to participate to any bounty works and it's your obligation to study and assess first to avoid or to lessen the chance of being victimized by those scam developers. If you pay attention with your assessment, you'll soon then understand the factors of those projects that you will going to support the chance of participating with good and paying projects is higher than supporting those scammers.
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Did you really check that you participated on that bounty campaign?. Maybe you break any rules from that campaign or maybe you late to submit your kyc. Scammed is a common thing in here & i hope you can solve your problem.
Yep, the issue needs to be resolve by OP within the team as he only the one who can communicate and ask for assistance from the bounty managers or directly go to the developers. Scammers are there if you don't know how to work properly inside this industry, you need to pay attentions.
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Bitcoin is one of the leading crypto in the market as it is one of the first crypto in the market. Investing in Bitcoin will give better returns on investment.
Investing to bitcoin gives you the chance to earned only if you dully knows what you are doing inside the market. It can be a good assets to hold for your trading business but also a good payment tools to enjoy paying online or transferring your money from different wallets. If you go and explore more you will be able to find many ways to enjoy, the profitability though is difficult when you are starting but after you learned different techniques the chance is more higher.
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Your money, your obligation to take care. There's a lots of different opinions but in the end it should be your own understanding that will be followed. Your knowledge in reading the situations is the one that will fits you to sell or to continue holding your assets. Every position will be in your hands, how the outcome will take will relied to how you manifested your skills to this market.
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As far as I know right now bitcoin price is little bit low and in near future price will rise again. So I think it is best time to buy Bitcoin.
yes of course every dump in bitcoin is the right time to buy bitcoin. if you have money do not delay buying bitcoin, thinking that I will wait maybe bitcoin besog will go down even deeper. in my opinion this is the wrong thinking because no one knows the amount of bitcoin rises or falls. better buy immediately and hold. if the price of bitcoin falls even deeper then we must remain calm and patient. rest assured bitcoin will definitely pump again. Better buy if you have full knowledge with what you are doing, the market is still volatile and no one can exactly predicts the next market movements, You need to do your research and make a better assumptions with how everything will work to favor your investment. The timing is in your hands the idea of buying should come from the knowledge that you learn from the market and the assessment that you understand.
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I use my monthly salary to buy into crypto and bonuses from the campaigns I'm participating in. I hope the money I invest will bring me better profits because I lost a lot of money for ICO projects, they dropped a lot in 2018.
If you have portions of your money to invest inside then you are going to take care of your money. This investment venue have a high risk but also a big returned once you got a very nice ideas from how you work with the market. Every sources of investment if being use properly will have a high chance to make a good outcome.
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+ Bounty managers should be the ones to hold on to the project tokens and distribute after bounty ends
This one might be too risky. Because who knows if the bounty managers has any hidden agenda behind it. What if they took off with the participants' payment? Sure, they could give the managers in charge to manage the distribution, only if that managers has a solid, and good reputation through and through. They cannot just easily give access to bounty managers about such thing. Whether you get paid or not is another story. The reputations is in stake here, if the manager will be allowed to hold the fund and serve as the escrow it should be a person who have a good and solid reputation. Developers who choose this way needs to consider that every bounty hunters are looking for good securities of receiving the share that they should have after the bounty period was over. In good faith, it can serve as an assurance that bounty participants will receive the bounty rewards once the manager already holding the funds.
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