especially in the midst of conditions like this, of course they prefer to secure funds and see the situation. I think if the Corona outbreak can be overcome, it will cause a positive sentiment on the market, because there will be many investors to be active again. although currently the price of bitcoin is low, many investors are still waiting and watching
this is good timing to buy other stocks and crypto currency this kind of situation will never repeat again if you missed it. The only problem why manu is affraid is because they never know if the money they have right now is enough to use until the pandemic over. Thats why more of them prepared to have paper money in hand than having stocks and stored crypto currency. why not repeat? even in the market situation in 2018, we can see a market that is worse than the current situation. just be patient for a little longer, I think things could get worse. this is related to the condition of the world economy which might be worse. |
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Hmm is Temtum project that good? I missed the bounty project willingly because of KYC requirement, I will try and do research on it today, honestly I find new coins to be very dangerous to go for at this time, old coins gives me better rest of mind
TEMTUM is a good project in 2019, and they also have a great bounty. I have seen them make bounty with a budget of $ 50k and make payments on time, this project works very professionally and they will surely become one of the big projects in the future. we will see how they develop platforms in their first and second years. because the situation got better and then it got worse. this is a big test for new projects. |
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Not necessarily as the big country like China are creating their own currency, it's safe that way that they are the ones creating their own, but then its still centralized, it's not what people wanted, they can still print money like printing fiat.
the management system might be more different from the savings on fiat money printing costs which might be reduced when each country could make their crypto. however, we will see how later fiat will be abandoned with technology to use new currencies in the future. |
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Having Know Your Customer system as a security check on any platform is not a bad idea at all. However the company or organization should ensure that the data provided to them are securely kept from the breach of hackers. Conducting a KYC is for the security of both the company/platform and the users who interact on it.
Agree, it is one of the type of security which we need to verify from the company, but my only concern even fake companies are collecting our data. Whether these companies will use our identity or they sell our data for data breaching. We need to need to find other ways for security reasons in order to verify from the company. I think selling our data to those who need data as a promotion is not a bad problem. I even think that some big companies do that. most important now we try to choose to verify data on a truly trusted platform. |
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I haven't seen a project which run bounty on Bitcointalk get their token listed on Gate.io, Binance, Okex, Huobi for a long time, or I might miss it. Crypto is in difficult time and projects can't get their token sale target, so they can't apply to list on big exchanges because those big exchanges charge millions USDT for a token listing.
I have seen it recently actually, but it was a project that paid a lot of money. I mean we have BTT and BAT that also ran on bitcointalk too, am I right? But I get what you mean, most of the altcoin threads here are not worth any of our time at all. some still pay and have value in the market even though it is small. not all are bad but indeed looking for good is very difficult for now. looking for an altcoin project to be a gamble that must risk our time and money. |
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I'm not really sure ETH would moon this period as BTC is yet to moon. I think ETH will follow BTC to grow. They mostly work together so ETH to set to moon means BTC is already set to moon too. I really to wish they will start now.
Individually speaking there's a tough road for ETH to move ahead and rise to the moon since bitcoin still having the hard time and most of the time it's BTC that start the pumped and lead the way. Still waiting for more good news before we can see good developments from the market. until the time when the world economy recovers, the crypto market will also find it difficult to improve performance. ethereum is a large platform with a very strong market. not difficult actually to make a pump with their updates. but market moments are indeed needed to make the demand experience a significant increase. |
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Nothing happened to crypto aside general market including offline line market. I guess once issue with coronal virus subsides market will bounce back and everything would work normal. Whenever there's downtrend before tend to lament crypto is dead but when there's uptrend everybody feels crypto is everything. Let's learn to accept what goes up must surely come down and keep recycling. Nothing to worry about regarding market
I hope that this can be resolved soon. but large countries are also not 100% able to overcome the effects of this virus outbreak. the economic downturn is happening in almost the entire world and we know this may be a virus that cripples the world economy. |
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The rumours about the death of bitcoin is really spread about by most crypto newbies who just joined this investment industry with the aim of making riches day night. They easily give up once the market dumps but for us who have been in this industry since its beginning we know when to take profits and when to hodl. cvbh
for a beginner who is new to the crypto market, of course, in conditions like this and they get bad news, of course, they will panic and immediately withdraw their money. but when the market recovers I think those who have withdrawn money from the crypto market will feel sorry for not having more assets when the prices are very cheap. |
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The possibility of this happening is very large, because it is good news that has a big influence on the world economy, including the cryptocurrency market. Everyone will return to normal activities and return to investment
the impact is too big I think on the world economy and the crypto market. need time to readjust market conditions. capital and trade must be increased again to make the market move again on a better chart. |
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Just in few days now we have been experiencing unthinkable massive market drop, it seems something happened which I did not hear off. Please anyone here to tell me what exactly happened to the market?
Thanks.
It seems to me that coronavirus has affected. Because because of him there is a global crisis. It looks very big in the world. especially for countries that depend on the export needs of other countries to meet the needs of their countries. of course with the cessation of the export of these goods imports will cause economic chaos that occurs. I hope this is finished soon and resolved. |
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Most likely OP had not met with COVID-19 (Corona Virus). Due to panic of Corona so many people sold their cryptocurrency and trying to hold some real cash for their emergency needs. And I believe that's the real reason behind of current crypto crash. On the other hand due to huge sell holders become more panic and sell more, in a result we experienced another huge dump. I think this time will take longer to recover crypto markets again.
because some people who have large companies now have difficulty making sales outside their country. of course there will be a decrease in the velocity of money that will occur in all markets. most countries have experienced their economic problems. so it is only natural that some people who have crypto assets withdraw their money in large quantities now. hopefully soon and the world economy can improve again. |
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If you have some money to invest in you see that price is dumping then it is the right time to put your money in or maybe try to analyze the movement of market before making any decisions cause you'll never know if it still going to go down or will go up. Making wise decision is the best option in this kind of scenario cause you'll be one to decide whether you invest or not to.
I am very difficult to analyze the current market movements. with some updates that have been prepared by this big project this year, I hope that there will not be a decrease again because I am ready to put my money into bitcoin. I'm just waiting for the best price and buying a little at this time. |
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' stay away from offers that are too good to be true'
This is the key to avoid scam project, unrealistic target and discount at event should make us think this is the right project I should leave. Some people see project as opportunity to make money and have perspective everything is possible, not wrong but not always right. Realistic came from project information and developer track record history, that's become our basic analysis. Learn from fail/ scam project before, use their as comparison with new project, in this part wasting time is necessary. some projects falsify the track record of their developers. marketing that looks good with sales and big bonuses does not provide guarantees. but sometimes investors also like the activeness of developers in making updates and surprises in the collaboration platform. There is no guarantee, but how can we analyze it that will be truly correct? I guess all of us who chose to invest in new projects are gambling with their money. |
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I do not see this being over soon, the question is if the financial and crypto market already included that in the current price levels or if we will continue to freefall?
The market is indeed in turmoil right now, and medical experts are hard on finding the right cure for this epidemic, I'm afraid there is still a free fall, we need one great news to happen, like finding a cure or containment, but much more on this, we need people who will still believe that the market is still worth supporting. In China, the lowest incidence of coronavirus is already noted. They believe that the peak of diseases has passed on him and this is pretty good news. Let's see what happens with this virus next. In the rest of the world, it can still be spread, although retaliation is already taking place unprecedentedly. The virus can also mutate. They talked a lot about a possible vaccine against it, but we have not heard about effective medicines yet. While some die from him, while others recover. However, there are many more recoveries and therefore there is a hope that the coronavirus will soon decline. although there has been a decline in the victims of this virus, the impact on the world economy is still large. many countries that cannot export and import must have hit a country's economy. especially now the crypto market is also experiencing a large decline. whether this is due to the impact of this virus or not. what is clear is that this moment shattered the hopes of many traders and investors this year. |
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Although bring and get label with Binance I think both exchnage Binance chain or Binance Dex is not good exchange for trading and investing, better looking great and bigger exchange for trading like Bittrex, Binance or gate.io
I think the binance DEX is good enough. it is not as big as binance but they have quite a large trade. some say it's because of trading bots that are on the binance DEX exchange, but that doesn't matter because many large exchanges also use BOT. we are all aware of that, but so far I have also used binance DEX. |
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It might be happening as we speak because BTC has gone below the strong support of 6000 dollars. Last time this happened it was when we were 2 years in a long bear market and on our way to the bottom of 3000 dollars. This i reall bad for all cryptocurrencies. Not 0 of course and we will not go to 0 but it's still bad.
You are right, of course in the current condition too many people feel worried because the value of assets has greatly decreased. but to 0 I don't think that will happen to bitcoin and some altcoin with large markets. but for new project assets, it is possible to become 0 because the project can die at any time. |
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I think everyone whom joined into cryptocurrency is looking for a profits. Me as bounty hunter just looking for money here and this is 3rd year on crypto. You are right if you see profit go for it because its hard to get any profit right now. I miss 2017 so much.
it is indeed more difficult now than in 2017 but I think this condition can also be better for investors and traders. I am now not only following the bounty campaign but focusing more on daily trading. if you only focus on the bounty campaign I think it will be difficult to get big projects like 2017. |
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The cryptocurrency market has turned upside down during the last 12 hours or so and many of the coins are down by at least 20%. Some of the coins, such as BCH and BSV are down by more than 35%. Under these circumstances I am more skeptical about the altcoins, especially those outside the top-10 list. I would stick to Bitcoin and some of the most trusted altcoins.
in a few months, I think bitcoin will indeed be a safer asset. the possibility of a big drop will also occur in bitcoin but I think the biggest is an altcoin which will go down because many sell altcoin to bitcoin when they see that bitcoin has a good price. |
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investors that have much money will contribute to cryptocurrency and new projects, but we should not forget about bounty hunter services. they work and promote new projects in order investors know and understand so they will put their money. both of them have their own role so we could not forget each other.
bounty hunters are also very often one of the first investors, because if the project is really good, then those people who do marketing for it understand what kind of future the project may have. I often invest in projects in which I participate as a bounty hunter many do invest, but bounty hunters, I think, have now started to become little investors in the projects that they follow. all because of the greater risk of losing money and time when following a campaign. There are no new projects that are 100% sure to succeed in the market. many processes must be carried out until the new project can survive and compete with old projects in the market. |
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Right. indeed we should not be pessimistic when the price of Bitcoin goes down. because we knew from the start that the price of bitcoin or cryptocurrency is indeed volatile, so the ups and downs of bitcoin prices are common. therefore we should not panic when the price of bitcoin drops.
Pessimism must be eliminated but it is very difficult to happen because human nature is frightened when seeing the condition of cryptocurrency prices at the place of the fall will make many traders panic so they will doubt whether they can go up again or not because of seeing the collapse of cryptocurrency prices. For day traders I don't think they will panic with falling prices. but all must change the strategy to start investing long term rather than trading daily. because in a downtrend market conditions will be difficult to trade. those who panic are those who invest in the medium and short term. especially if they are beginners, of course, they will panic when they see the market in a downtrend. |
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