Being involved in cryptocurrency has made me want to acquire other knowledge like programming and graphics design. At first I was enthusiastic about the space but now I've come to realise that's where I belong and to stay relevant I'm acquiring skills for that.
You need to make more effort in order for the cryptocurrency craze to become the main source of income. And I see that this can actually happen if the quarantine is continued for several months. It is only necessary not to waste time in vain, but to use it as much as possible to grow professionally. |
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...Thank you all in advance and be healthy
Now most people spend time in quarantine and this time should be used correctly. Try to educate yourself and learn more about trading. The profit that you will receive will be higher than what you currently want to get from participating in bounties and airdrops. |
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Right now this is the beginning. Lock down will continue until the threat is over and solved. I don't see withdrawal or any sign to improvement this situation. Even animals are infected by virus. Everyone is sitting at home. But internet has no barrier. So, you can continue learn cryptocurrency, investment, exchange, trade etc. I wish BTC price will be higher when the market begins again.
I had no idea that I could have so much free time. You need to use it as much as possible for those things that previously did not have enough time. And in addition to homework, you need to allocate time for a more in-depth study of trading. |
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...These guys literally spend thousands of dollars, maybe 100k+ of their own money to build an amazing white paper, an amazing road map, a great team, awesome blockchain with huge potential, like if they were to give it to me, and the money, I would make that coin into something. However what do they do? Just steal the money and never look back. Very interesting and very weird.
Yes, such fraud is often not immediately identified as such. But I often meet such ICO, in which their creators try not to invest any real money at all. In such cases, they use someone else's whitepaper and fake team. Therefore, you need to check both the team and the whitepaper to better understand where you are going to invest your money. |
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...As of today on 8th April 2020 according to what is written on their website the ICO will run for another 82 days. So all in all the ICO would have last over 12 months  Humanity one had a problem with the counter from the very beginning of the ICO. I have provided two screenshots below, which show that on March 27, 2019, there are 3 days left before the end of the ICO. A in the screenshot from may 7 2019 there are 2 days and 53 hours left before the end) But I don't think this ICO will ever end.   |
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As the COVID-19 strikes and spreads throughout the world it results on many changes in the lifestyle of many people. I guess after this pandemic coronavirus, everything has changed such as lifestyle, behavior, characteristics and also the way of their thinking. ...
I do not know when I will be able to return to the office for my main job, it is possible that the quarantine will be delayed for several more months. But the fact that this year I will not be able to go on vacation with my family in the summer is obvious now. |
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...How long will it last? What's the antidote for Corona?
I recommend that you watch the movie "Contagion", which was released in 2011. The film shows very accurately the events that are happening now around the world. Even if you have seen this movie before, you will still watch it again, and you will perceive it differently. |
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Burning of tokens is one of the token mechanics that is used to ensure that there is a shortage of tokens in the ecosystem hence increasing demand for the little available. This goes a long way to increase the liquidity of the token hence giving long term holders profits.
I read such information that tokens are burned that are not implemented as a result of the ICO. This is really the right decision that reduces the number of coins issued. But when these coins are burned later, it does not increase their price. And this is surprising, because the burning process reduces the number of coins and this should affect the price change. |
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I see the only opportunity for myself in passing the KYC - this is the case when the exchange will be located in the country where you live. And this exchange operates completely within the framework based on the legislation of your country. This fact can give you a guarantee that you will have the opportunity to use judicial protection in case of anything. But it is worth remembering that in this case your state will be aware of your income on the exchange and you should not forget about paying taxes.
There are many countries that do not have cryptocurrency exchanges in their jurisdiction. Thus, it turns out that citizens of such countries will not be able to engage in trading. Therefore, the option you suggested is not suitable. The best option is to choose an exchange that you have a positive image of. I just told everyone what my decision was. In my country, there are several exchanges operating within the framework of the legislation of my country, and the law provides for a bonus, individuals do not need to pay tax on profits received by withdrawing funds from these exchanges. Everyone is free to decide where and how to pass the KYC and whether to pass it at all or trade only on exchanges where it is not required. I have already written that there can be no single correct solution to this issue. But I am very happy that my country was among the first to legalize cryptocurrencies. Did you choose an exchange that is located in the jurisdiction of your country, or a well-known exchange with a professional team?) In cryptocurrency, there should be no division between your exchange and our exchange. Everyone should choose a cryptocurrency exchange that they trust, regardless of which country it is located in. |
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I see the only opportunity for myself in passing the KYC - this is the case when the exchange will be located in the country where you live. And this exchange operates completely within the framework based on the legislation of your country. This fact can give you a guarantee that you will have the opportunity to use judicial protection in case of anything. But it is worth remembering that in this case your state will be aware of your income on the exchange and you should not forget about paying taxes.
There are many countries that do not have cryptocurrency exchanges in their jurisdiction. Thus, it turns out that citizens of such countries will not be able to engage in trading. Therefore, the option you suggested is not suitable. The best option is to choose an exchange that you have a positive image of. |
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...So, ignore it on the first stage! And about 2Local? They had two rounds of bounty campaign but to be honest this project is shit and no proper value! They don't have good partners, no trusted media coverage, not a details whitepaper and no community except some bot praisers!
I watched the program 2local bounty, which ended on February 14, and I see that they do not have the final table filled in at all. And if the final bids were not counted, then the bounty hunters were not paid. This suggests that the bounty hunters were deceived, and I do not recommend that you invest in this project, as you may lose your money. |
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Binance is centralized, I get it but what if binance do something very astonishing to coinmarketcap? For example like cleaning off bad projects from coinmarketcap and deal with fake volume exchanges by giving them their rightful rating
I think that the main goal of Binance is to bring the rating of cryptocurrency exchanges in order. Because now on coinmarketcap, unknown exchanges are shown in the leaders in terms of trading volume. https://coinmarketcap.com/rankings/exchanges/ At the same time, Binance occupies only 21 lines of the coinmarketcap rating. |
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I agree that bounty hunters have absolutely nothing wrong about this problem, if a project is bad, just don't invest to it, but the bounty hunters are usually people from lower end countries who do need some money and these projects offer these people a good side income and sometimes even enough to be an income and that is why they do these bounties like crazy in packs in order to get something and maybe one of the projects will turn out to be something special and help their rent for a year, that is huge for bounty hunters... I think that bounty hunters still participate in such bounty programs, because they remember how in 2017 almost all tokens grew in price. And now you can easily find such threads that discuss past earnings in past campaigns. But now the market has changed and such bounty programs do not give the same profit. |
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Another covid19 related project that launched airdrop. I cant count how many covid related airdrops or new project has been created. This one could also be scam.
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This project was created by two unknown people and one of its goals is to create a vaccine against Covid-19. And this is happening at a time when the best scientists with unlimited budgets are currently working to solve this problem. This really looks like a Scam and I leave a negative tag for it. I made an archive of their thread from airdrop and the site. Website archived: http://archive.fo/aKXfnArchived AirDrop: http://archive.fo/29A6a |
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Hundreds of projects are planning to advertise but only some are really serious with the original plan. ...
Without proper regulation, a lot of scammers appear on the cryptocurrency market, who have only one goal to collect money from trusting investors. And such "projects" can promise high income for investors after the end of the ICO and high pay for bounty hunters. But they initially know that this will not be fulfilled. |
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This Corona virus pandemic has really caused a lot,so much people loose their job, people are at home but in crypto you can still continue to earn especially if you are a trader,at this time only good traders are cashing out,so if you are a good trader,this is also an opportunity to earn.
Trading is the most profitable type of work when you are in quarantine. And if you are able to do self-training to understand the subtleties of trading, then you can earn money to provide for yourself and your family. You may not want to return to office work after the quarantine. |
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Coinmarketcap is the real reason why so many new projects devs are misleaded, they go to CMC and pick from the top rated exchanges to list their tokens because CMC gives all bad exchanges good rating, that's very misleading ... It is not Coinmarketcap's fault that it shows incorrect trading volumes on cryptocurrency exchanges. Coinmarketcap simply transmits the information provided by these exchanges. These swindles are engaged in by the exchanges themselves to attract the attention of new participants. I don't believe that Binance is only ranked 22th https://coinmarketcap.com/rankings/exchanges/ |
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It is indeed very difficult now to find a legitimate bounty campaign that really pays for its participants without any reason or anything. And also it seems like some projects also postponed the sale of their tokens/coins because the current conditions do not allow it, and if forced maybe the target will not be reached and the bounty hunter will also not get paid.
Not all companies that open their ICO are fraudulent from the very beginning. But in the process of working, they face problems that they cannot solve due to the lack of proper experience and knowledge among the team members. These are the companies that lose control over the management, and then lose interest in the project itself. |
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Cryptocurrency will not replace fiat if there will be no continous innovation to integrate cryptocurrency in the transactions in different businesses.
Cryptocurrency can be used as payment right now. To do this, the store will need a terminal that will convert cryptocurrency into the national currency. Thus, the cryptocurrency will not necessarily have to replace Fiat, it can work in parallel. |
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I have an incredible theory that yobit employees do not understand jokes and no one told them that April 1 is April fool's day) Maybe they should be told that it was an April fool's joke from coinmarketcap. Although I understand that Yobit used a hype for toilet paper and decided to monetize it. |
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