Considering how things are going in the crypto ecosystem, I will not be surprise to see KYC being mandatory for everybody who finds him/herself in this ecosystem. To some extent, I think KYC is a good thing. Looking at how hackers hack into crypto platforms to steal their crypto coins, if all wallets have identities attached to them, it will be quite easier to trace the identity of these hackers. For me, I have nothing against KYC.
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IEO is basically an upgrade version of ICO to help eliminate the amount of scam projects being introduced into the crypto ecosystem. Considering the key purpose of IEO, I can automatically say IEO are better than ICO since upgrades are always better than the previous version. IEO gives exchange platforms the right and power to obtain all relevant details before they launch the IEO to raise funds for the project.
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The key principles governing the entire crypto ecosystem and crypto investment are patience, knowledge and understanding. Investors with all these principles are currently the successful people in the crypto ecosystem. Having enough knowledge about a specific crypto project will let you as an investor to understand the factors causing either a decrease or increase in the price and also help you develop the habit of being patience after an investment.
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We have been waiting for a really good and green crypto market for a long time. Maybe it's time to set aside some of our money to start investing. Do you have a strategy that is different from the strategy in 2018 ago? Don't waste time and opportunity to put dreams into the future. KEEP THE SPIRIT and Success for you all.
People who really understand how the crypto market operates and know the basic factors that influence the rate at which the price of a particular crypto coin changes do not need the market to be good and green before investing. Real investors know and understand that every day is an opportunity to invest. What really matters is knowing the level of risks available at any time before investing. Knowing the level of risks available helps the investors to decide when to invest and when not to invest...
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Novice and inexperienced investors who are either new to the crypto ecosystem or investors who want to gamble their luck on new ICOs are the people who still invest in new ICO projects. About 20% of people in the crypto space both new and old investors believe that the greater the risk, the higher the profit potential of this new ICO projects. A lot of these investors do not really research enough about these projects before investing in them..
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Can I get great contributions on how I can participate in a campaign that will add more value to my wallet?
Try getting a real job, it is the only way you can become rich. Considering the current state of the crypto market and crypto ecosystem, there is no way participating in bounty campaigns can make you rich. You need to change your mindset and focus on reality than day dreaming of becoming rich through bounty hunting.
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Bitcoin investment is all about ones understanding about how the entire crypto space and the bitcoin market operates and the basic factors that affect and causes the fluctuation in the market value of Bitcoin. Advising someone to join or enter the bitcoin space without the person understanding the above factors will just be a waste of time and the person might lose a huge portion of his/her investment capital. It will be better to educate newbies about the nature and purpose of Bitcoin rather than advising them to invest in Bitcoin.
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There is no way altcoins are gonna die even if Bitcoin is worth $100k. Altcoins present a certain kinda balance to the crypto market. Each altcoin has specific roles they play in the crypto ecosystem. Altcoins also introduce different features to the blockchain technology. Ethereum for instead introduced the smart contract protocol onto the blockchain platform which totally eliminated the third party system used in the transaction of goods and services.
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From the same link you posted above: Binance will use the #SAFU fund to cover this incident in full. No user funds will be affected. In as much that their security has been breached, people are not concerned about them using SAFU fund to cover the funds stolen. People will be withdrawing all their coins from their platform to keep their funds safe from any future hacks. Its quite surprising to see Binance been hacked with all their security measures and protocols.
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Seriously i can't believe that we have some newbies to junior members on here that are just here for bounties rewards ,most are I'm not against that but what surprised me is many these newbies don't bother to go through 'beginners and help ' thread ,why? How will you know what to do or not ? How will you even know more about how this forum works not to talk of how to avoid been scammed? Its really a bad idea and that's why many are getting there account blocked too. There are many things you guys can learn from the beginners thread ,just head there and check it out,that thread is helpful
In this world we find ourselves living in, everybody has his or her way of either learning or understand things in the world. Not all newbies are in the crypto ecosystem to learn about cryptocurrencies and it's relevance to the entire world or understand the purpose behind the creation of this forum. Majority join this forum to obtain information on trending crypto coins to invest in. Such people don't not find it necessary to read the rules governing this forum. All they are concerned about is knowing what coins to invest in. Currently, people just wanna make profits out of their investment than spending time trying to learn something from the forum...
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Excuse me to say, only dumb people thinks Bitcoin is for scammers. In as much that the transactions of Bitcoin made of its blockchain network is quite private and anonymous, it is quite easy to track down transactions made and know the current destination of the sent Bitcoin on the Blockchain network. Since transactions are public and easily traced, there is no way scammers can be tracked on the network. Its high time people clear the old fashion mentality implanted in their minds and try to gain knowledge of Bitcoin and cryptocurrencies and how relevant they are to our current financial ecosystem. People should embrace the technology and try to understand the differences this technology can introduced to the entire world.
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Bitcoin was developed to bring and introduce financial freedom to anyone at any part of the world. It is meant to be a universal currency and also to eliminate third party systems used in transaction of goods and services. Currently, Bitcoin can be used to buy anything at any part of the world with less difficulties. Most online e-commence platforms currently accept the use of Bitcoin as an option for payment of goods and services. Bitcoin is currently the world's currency and it is highly known by a lot of people all around the world.
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Today Bitcoin is almost touching $ 6000, even though it is currently down slightly at around $ 5900. Under current market conditions, what do you think? Is this a momentary pump or is this a real change in condition? I think this is a change in conditions towards the start of the bull.
It is highly possible for Bitcoin to hit $8k before 2019 comes to an end. Considering the rate at which the price of Bitcoin is increasing, there is no doubt that we are currently in the bull run season. This year's bull run can be described as a slow but sure bull run. The market looks promising for Bitcoin to recover to $8k and above...
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Every time is a perfect time and day to buy Bitcoin. The price of Bitcoin at a specific moment in time doesn't really matter if you understand the basic principles of investing in the crypto space. The volatile nature of Bitcoin or the rate at which the price of Bitcoin changes is the key thing investors need to consider rather than thinking about its current price on the market. All you need to understand is the principles that influence the volatile nature of Bitcoin.
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For me I believe that when someone really wants to know and understand the whole idea and principle behind cryptocurrency and how relevant it is to the entire financial ecosystem, such person will not argue with you just for you to convince him/her to join the crypto system. From my personal experience, I have never try to convince anyone not even my friends to join the crypto space. I just present them with facts relating to the nature and benefits of cryptocurrencies and how they are going to transform our financial ecosystem if we adopt using it in our transactions.
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I strongly have doubts that Bitcoin will be able to reach a market price of $20k before 2019 comes to an end. The possible price attainment I see Bitcoin reaching will be between $7000 and $10k. Bitcoin will be worth $20k in the year 2020 or early part of 2021. Has it stands now, I don't see bitcoin reaching $20k anytime soon.
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The success of a crypto project strongly depends on the kind of gap this project is bridging in the crypto ecosystem and the world in general. Sometimes the relevance of the product launched by the project and how useful this product is to the entire crypto space and the world. Although the amount of money raised during an ICO actually tells something about the progress of the crypto projects, it does not really tell how successful the project is going to be.
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In the crypto ecosystem we find ourselves in, regrets are like the source of hindrance to the progress of every investor in this ecosystem. It is a bad idea to have regrets even if whatever you invested in failed or you lost a huge portion of your investment capital. This should rather be a source of motivation and experience to help you understand and adopt to any changes seen in the crypto ecosystem. The crypto space do not operate on the principle of 'had i known'...
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Looking the current state of the crypto ecosystem and some rating on new crypto projects, I think investing in Veil or Miracle Tele will be a best way to make your $10k grow since you stated that you are not all that experience in trading. Both Veil and Miracle Tele are currently the crypto projects with massive wave in the crypto ecosystem. These two projects have good earning probability. Here is the link to the ANN Thread of Miracle Tele ( https://bitcointalk.org/index.php?topic=4330150.0) and Veil ANN Thread ( https://bitcointalk.org/index.php?topic=5065331.0). All the information you need to know about these projects can be found there. Spend some time to checkout these projects if they are worth investing in.
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I'm not really surprised that Estonia has joined the promotion of cryptocurrency. Estonia is one of the country with highly advanced Internet technology and considered the first country to introduce voting online. This country understands the vital role the internet plays in our modern world. Such country also understand the role and purpose for need of digital currencies (cryptocurrencies) which present decentralized system to promote financial freedom and eliminate all third party systems used in transaction of goods and services. I just wished other countries can learn from how Estonia support the movement of cryptocurrencies.
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