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If it is a project with good use case as well as with good team then this can't be the end of it nor will it make the project look less than what it's meant to be. In this case, the team will have to come together and work things out which will be, looking for another promising exchange. The team can also ask their community for their own opinion then choosing the best or going for those exchanges with good records of successful IEOs.
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My own concept is simple and that is, no private key means not saving my funds on that wallet. Private keys gives the owner of the wallet the right to control it without anyone monitoring it etc and on the other hand, lack of private keys which is evident in online wallets and/or centralized wallets means the user is under the control of the team who built the wallet. Even centralized exchanges aren't safe what more about centralized wallets, I just hope people will learn the right thing and start doing it as well.
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One of the best anonymous coins out there and despite backlashes from many people about its anonymity and privacy features it is still getting listed on a new exchange and now Thailand, which shows it is still needed and its usefulness is still growing. In addition, with recent delisting and new listing shows that most users and the crypto space knows what they want and won't succumb to the negatively of a lesser few.
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This is about coinomi wallet, I came across few posts on this forum saying they lose coins in coinomi wallet, some said coinomi wallet team insert a backdoor in the wallet to steal people's fund, how true is this?
Second question is, can you get me the list of open source wallet since coinomi wallet is closed source? What about trust wallet is it truly an open source wallet? Thanks
Once you come across facts like this, that is, about Coinomi having a backdoor through which users funds can be stolen, I think the first thing to be done is, sending the assets to another wallet first then making enquiries, this is you taking measures to protect yourself. However, I don't use Coinomi so can't really say if there is security breaches or not but on the other hand, Trust wallet is my now favourite wallet because it accepts various coins and also, so far there have been no issues whatsoever from those using it; you can give it a trial. |
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How much you can earn in airdrop and bounty? Which is the fastest way in earning?
How much to earn in bounty or airdrop depends on various factors such as the allocation, the tasks involved and the ones you were able to do. In airdrops, there are referrals tasks in most cases thus the more you refer the more you earn. In bounty, there are different tasks like social media, blog, signature etc, so what you earn in general will depend on the tasks you took place in. For the one that is the fast way of earning, no one can say because it depends on the team; in some cases they might distribute early in some cases they might extend. Therefore from the above explanation, I can say bounty offers the chance to earn more. |
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This is quite the fact and it's high time people start taking the right decision about their safety than being dragged about by what they see. Most times I wonder the need of going for more and more browser extensions when you are okay with the one you have. Most of these browser extensions starts as a test and once installed might manipulate the person's browser for private details. Therefore, all I can say is, stick to the trusted ones and if there is a need to install another make sure the recommendation comes from the team of the projects or after a thorough review.
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Most add-ons or extensions are just for the sole purpose of stealing because scammers will build it in way that it will be easily attractive with "good" features. Also, where some add-ons might not ask for private keys etc it can also be used to monitor your activities in websites thus stealing the needed details. In my own opinion, if the recommendation is not from the team of any project then on no account should it be installed let alone being used. In this current world, we need to be careful as well as assuming and taking all manner of security measures to protect ourselves and funds from scammers.
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The first step towards selling any coin is first searching it on coinmarketcap or coingecko as the case maybe, if it is not found, then checkout the social media accounts of the project starting with telegram where you can easily ask questions or use the search option to search for the keywords "trade or exchange" this will easily let you know all discussions about it. Then visit the exchange and check for the selling pairs, if it is not in BTC, then sell to any available pair and sell back to BTC in the end.
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I believe this forum is more than enough to offer you that which you are looking for, there are sections you can visit to know upcoming projects etc but to know about the announcement of any project you need to visit the project's ANN thread, in cases there is no active ANN thread then the projects telegram group, telegram channel, twitter or medium page is the best place to start with. Also, be careful with the so called good coins as they can be a bad one at the same time they can be a good one, thus due diligence is highly recommended.
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Well!! Did you know? Stellar is performing really well in the crypto space, several crypto experts assume the stellar price will rise high in the coming next months, and gives good returns on investments. Here: https://coinpedia.org/information/stellar-price-prediction/Let me know your point of view on this? I think after avoiding scammers the next group of people to avoid is the experts who goes about bringing out various predictions (my opinion though). Many if not all predictions in this market never worked, both the ones made on Bitcoin and the ones made on different altcoins, none has ever worked. I will suggest people should invest because they want to and not because someone else said it. When we invest based on our research it comes with a sense of carefulness but when we invest based on predictions there is every tendency that we might end up regretting it. About trading Stellar, it is one of my good coins and no regrets about it. |
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It is not totally true, I believe there are many scam projects but using it as a basis to classify others or even the general crypto space is wrong. No one argues there aren't scammers but to an extent scammers steal from those who are mostly unaware, uninformed etc. People should learn to careful in this crypto space, if they can't afford to research on new projects then they should go for top coins and save themselves the pain of investing in scam projects. Also, no one should trade without learning about trading. When we start doing things the right way, it will help a lot.
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1 developer, 3 times scams and the scam projects might probably look alike for it to be from the same developer. This is really not good, I expect people to be smart about these Corona virus coin because it is joke in all rounds as scammers are trying to utilize the issues on ground as a criteria to bring useless projects and scam people. Since there is another possible scam project coming from them it is wise for everyone and especially those who were scammed to be careful because it won't offer anything good. |
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I do receive most tokens which I have even forgotten about and it was good I moved on from it because it turned out to be useless, that is, the price was terrible. Issues like this is what makes hunters feel bad when distribution is delayed because most projects might end up having low volume and price thus when distribution occurs the payment would have been low or useless. In the same way, some will end up not paying even after a long time which is really bad. Also, it is only a lesser number of projects that still retains a reasonable price after a long time and even during distribution thus giving hunters a manageable reward.
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Scammers don't have to give huge promises anymore, believe me they are among us and they know how smart investors have become too, they always reshape their tactics, now projects don't have to give too good offers because they know people are aware that too good to be real offers are scam, honestly scammers are not idiots
People keep saying good projects always have good team and brilliant ideas to solve crypto issues, who tell you that scammers can't deliver all this?
That is true, if they aren't smart enough they won't or can't be able to scam anyone but to succeed they need to play along as well. Also, in another point, you are right that they are within us, they learn, listen and take note of everything then work on it for their own benefits. However, I do not totally agree with your last paragraph; they can be smart but will most of the times have a flaw thus the thing is finding that flaw. Nevertheless, all the time we need to be at alert and ready while learning more on how to protect ourselves from scams as well as scammers. |
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And what if Binance and its team starts exercising their power that it affects the idea on which coinmarketcap was built on? Am not against cleaning up bad projects from coinmarketcap if possible from the entire crypto community but think of it, who are those supporting these projects? That is to say, everything comes down to you and I doing the right thing by knowing a great deal of every project before we invest in (although we can't know all). Let coinmarketcap restructure their ideas if possible so that it can make projects and exchanges be on the right path and we will see the right things we are calling for.
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Coronavirus keeps getting outta hands in countries like Italy and France and others, things keep getting worse with the disease every day but I surprised me is the affectionate to crypto, it seems to stop affecting crypto already what do you think?
Somehow if you look at it, it is still affecting crypto because crypto is still under the care and influence of humans and these humans are still suffering what this Covid-19 has caused such as bad market growth, low prices of most coins, etc; so isn't it affecting crypto? However, nowadays people are understanding the importance of going for trustworthy coins starting with Bitcoin which is why there have been an encouraging growth so far. Better still, the crypto market seems to be taking a good stand more than other markets, which is also good to start with. |
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I just find out that some coins might start with very low volume and marketcap and end up growing big? true or false? i tracked back some old coins that start with trading volume around 6k and end up in millions, is this still possible today?
A great deal of coins started this way, that is, they started small and even on smaller exchanges while gradually improving their platform, building their products, use case, services, all of which they leveraged on to gain more users thus going for bigger exchanges which also leads to more volume. The major difference between now and then is that, then, most team are committed to their goals but nowadays only a few team are committed and of course their coin have good volume while listed on different exchanges as well. So to answer your question, yes it is possible but requires a lot of effort and patience from the team. |
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