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CRO is a good project but listing on this exchange which I believe is hardly heard of doesn't really add up in my own opinion. I know more exchange listing means more exposure and growth but will the associated exchange offer them the exposure and growth they desire, that's really the question. Well, the team knows the best and how to go about each of their plans thus I will believe they made their findings. I guess I will checkout the exchange to know more about it, who knows there might be something attractive about the exchange.
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Sincerely, I think this question of if a project is good to invest in, is one of the toughest question because most projects today doesn't offer anything good. At the on set, all will look perfect and genuine but once the main deal sets in, you will start seeing a different thing altogether. However, to state my opinion, take a look at the project starting from the team and what they have achieved prior to coming to the blockchain space therefore knowing their abilities. Also, check the idea or use case to know if at all it can be achieved based on their abilities.
Moreover, if you are still caught between roads, then you can start with investing in major coins like Bitcoin, Ethereum, at least they are most trusted and reliable than new projects.
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Since the beginning of cryptocurrency we have seen many precious metal crypto project. With my little knowledge i don't know any successful one. All precious metal crypto projects disappeared after funding phase. Is there any successful precious metal crypto and traded?
Precious metal? I guess you are referring to gold and its likes. Well, actually over the years there have many gold based crypto projects which all ended in scams and I don't think there is any which has been successful. Even recently I heard of a silver based crypto project, can't recall the name, but which ever precious metal they are basing their project on, it will likely end in a bad way because people have learnt the truth in a hard way. As for me, it is better investing in projects whose idea is applicable not imaginary like these precious metal crypto projects. |
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This is another bad impression for the world of blockchain casino games or gambling platforms, because in time to come people will always be skeptical about investing in anything related to it. On the other hand, it is not the bounty managers fault as well because I believed he/she did his best to authenticate the project, just like he did for others which have been successful. Lastly, it can now be seen that, in addition to the bounty manager doing his best to verify a project, bounty hunters should also carryout their own due diligence to be on the safer side.
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You see this issue about using crypto for payment is platform related, that is, where some platforms will like to use stablecoins such as Tether, there are others who see it fit using other crypto such as Bitcoin, I have seen this most times in gaming or betting platforms. So I am of the opinion that, each crypto platform uses what they want and believes in. The same Tether which might be thought to be the future of crypto payment, is the same which is doubted by many people owing to the many unpleasant news about them, coupled with centralization.
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Once again I found a very suspicious airdrop. Participants are asked to send number of ethereum which will then get the amount 2x in 4-8 minutes. Official group https://t.me/Civic_officialI was surprised when I saw this, did anyone join them here? I can say that, this is the perfect airdrop for greedy people. I didn't bother to waste my time checking because right from what you said, sending a particular number of ETH and getting X2 (that's double) of it, is a scam move by fraudsters and only those who are greedy will fall for this. Airdrops don't ask for things like this, participants registers, do the tasks required of them and are paid accordingly, any airdrop asking for payment, personal details (like private keys) or even this type of airdrop is only but scam. |
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Most times it's easier for most blockchain platforms to say what they will do and then it comes harder for them to implement it, this is actually the reason why it looks like mass adoption is far fetched. But since NEM is an already developed platform which has been working for a long time now, therefore I can say if the team put in more serious works, then there is every chance they will achieve what they are setting out to do. And once this is done and is proven worthy by a number of businesses, then we can say that mass adoption is gradually coming closer. And lastly, YES, this is the type of moves we want that will set the blockchain space on a faster motion.
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I'm forced to create this topic today because it's getting annoying how some new developers are creating gold backed tokens on this forum, please listen to me, some use cases are foul play in crypto space and gold backed tokens are one of them, many so called devs are building tokens but they have no proof that those tokens are backed by any gold yet some investors believed them, it's all lies, open your eye people...
The only way I can trust a token that's backed by real gold is if the project is from a gold company, verified and certified, I'm talking about well known real gold companies like
1. Kinross Gold
2. GoldCorp
3. Agnico-eagle mines e.t.c
These are examples of real life gold companies, stand for the truth and stop promoting or patronizing unrealistic crypto projects
This is just the truth about these gold backed projects, it looks like I have even come across silver backed project as well, maybe one day we will see diamond backed project too. The thing is, most of these gold backed project are not realistic, they are just out to steal from investors with beautiful whitepapers and nothing more. Therefore I agree with you, the only way to prove they are authentic and really backed by gold is by getting registered and certified via prominent gold companies, anything short than this will likely end up being scam just like others. |
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When a project exit scam don't just think it's the end, don't think the scammers walk away, No they don't, they will make a better comeback in a whole new version, I heard projects like
-Adab
-IronX and many others scam people successful and run away well they will come back because they are able to fool people and nothing was done about it, this is the way of scammers
Be prepared for a whole new way to deceive you investors and bounty hunters, I heard research helps most times but not Everytime, if crypto space is really like this then it will drag crypto back a bit, like one step forward two steps back. Be prepared
That's it, so far they have had a successful exit scam, they will be pushed to go for more, but the challenge might be finding out who they truly are when taking into account that they (the team) can steal people's identity. Also, this issue of scams is getting out of hand, because scammers won't fail to use any available opportunity at their disposal to scam hence the reason most people only participate in IEOs on major exchanges since there is every possiblity that scammers won't go that path. So in all dealings, it still points to making the right decisions and not allowing what we see about the project to drive us. |
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We can call this blockchain in action; indeed it is a good and encouraging one from VeChain thus showing that blockchain is just getting started and despite whatever contrary thing anyone thinks about it, it will surely disrupt systems sooner than later. Most times when some people talks about blockchain, one of the pertaining question always is, how is blockchain adoption working out? but now with this feat from VeChain among others who are leveraging and/or adopting blockchain services like Samsung, it is safer to say, blockchain adoption is gaining more attention and it's only a matter of time for massive adoption to take place.
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Of a truth people have different approach to life endeavours, that is, the way you approach things that matters to you will be likely different from the way others do, and of course you don't have to blame anyone for whatever decision they make. Just like you have concluded to do a thing or two online, probably in the crypto space and other platforms, others might find it worthy finding an offline thing to do; to you, you are right and to them, they are right too. Now about you, I presume you want to do a thing or two concerning altcoins, hence it would be better to start the right way through seeking the right knowledge about whatever thing you want to do, whether crypto trading, IEOs, holding coins and so on. As a tip, don't run after hype projects, nor invest without studying the project first or better still start with major coins, it will give you a clear understanding of many things.
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In as much as the picture looks funny but that's the truth about ICO whitepaper or will I say majority of projects whitepaper be it ICO or IEO. Most team are good in writing a very good and catchy whitepaper but once the funds has been gotten, what they end up producing will be entirely different from what was written thus leading to the question of, what happened? Also, owing to this act of writing a good whitepaper and developing a different thing, most people nowadays don't bother reading them again, Instead they focus on the IEO, once trading starts they dump, move on and wait for another.
Lastly, it seems that, a reasonable number of old projects really produced what they promised hence the reason they are growing each day with more improvements while on the other hand, majority of new projects are always found wanting of doing a different thing altogether.
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How about looking at it this way, there is no money left hence withdrawals were suspended, and of course since there is no intention of paying back or ever processing the withdrawals, they team decided to keep mute hence slowing exiting scam, if at all they have not done so already. In every exchange, there is one thing users don't joke around with, and that is, suspension of withdrawals, this particular act creates panic and panic if not properly checked leads to words like scam exchange, untrusted exchange flying about. So therefore, for withdrawals not to be available when it's obvious there is no upgrade going on, shows the exchange is about to crash or already dead.
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Issues about exchanges needs to be done right if not it will likely affect the project, hence the reason for good team. Of course not all new projects can afford starting their project on top exchanges, yet there are those who started on a smaller but good exchange before going higher. Also, I see it that projects with good ideas hardly bothers about exchanges reason is that, they always start by seeking for funds via private sale, thus having a palatable ground to seek for the exchange which will help them achieve a good IEO and in most cases their first choice isn't always top exchanges. So in other words, if the project is good, let the team start with private sale before IEO.
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You didn't actually stated the particular coin you would like to exchange but however I think if you want to exchange any of the coins there, then start with Flexacoin. Also, between Dent and Bat, Bat looks like a more preferred option. In addition, what to know about crypto risks is that, no cryptocurrency is without risks however where some have little risks mostly associated with major coins others have very high risk nature mostly associated with new altcoins. Lastly, I am also holding ADA because I really like the whole concept of the platform.
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First, I think they have different views or rather they did their ratings based on different factors, sometimes they might be paid and sometimes they might not, as for me, I do not care what they say because it won't change anything in the crypto space. That is, people already know the crypto they like, the crypto with great value, the crypto that is trustworthy and so on, of which most of the cases, Bitcoin comes out first; thus coming with this rating won't change their mind. In the same way, in the crypto space today, most people believes holding Bitcoin first is the right way to get started owing to its nature of growth. Therefore I wouldn't say I believe them or not, but one thing that is certain is that, I have my own way of researching thus knowing the best to invest in.
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