Hey guys! I'm sure everyone's noticing the drop in the cryptomarket. Is there any particular reason for this? Is the bubble actually popping. I've heard that supply and demand, selling more than buying are like the main reasons for the market to drop. Even google announced that they ll be banning the ICO and crypto related ads.
What do you guys feel about the whole scenario right now?
I guess pure manipulations from the big players? something will be announced in april that is why they are pulling the bitcoin's price down so they could aquire more bitcoins.I have heard the lightning network will be released soon that is why financial institutions are dumping bitcoin so they could buyback from the dips. |
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Might be a good thing so those scam projects wont have any chance to get promoted easily,it means these scammers will have less people to target because im sure most of the ICO scam victims are from the google/youtube and in facebook advertisements.So to stop these scammers from stealing people's money facebook and google needs to exclude these ICOs for good.
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Of course every successful traders are using both technical analysis and fundamental analysis (news) ,and those people who arent using these two important factors is either a newbie or careless stupid trader,because of the market's instability you will need a lot of things to consider and those two that i have mentioned are the major factors you need.
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Not going to happen because google and facebook still allowed normal users to promote these ICOs using their platform,facebook users are still allowed to promote ICO using their personal profiles but it must be on their own will,google still allowed websites and blogs using their platform to promote these ICO and cryptocurrency related topics, how these two did snatch your freedom  |
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If you are good in trading why not? but if you are just starting to learn things about how to trade well in the market,you shouldnt be doing that because if you lose in the market you wont have any source of income.
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The company surely has some internal problems,management seems to have factions today,there still some unclear announcement at the moment,they should release an official announcement wont be confused to which website should be used.
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XRP is the future of these bankers trying to secure their money using this cryptocurrency which is clearly a centralized coin that has the banking sytem on it.I wouldnt invest to this coin for long term because bankers can easily dump the coin using their own supply.
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I am excited about neo's platform because this year surely neo will try to dominate in the market,a lot of new projects are being based to neo which is greate because it has more advance technology than ethereum's platform and it could trigger most investors to join neo instead of ethereum.
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You arent really thinking,thats so obvious that this coin is worthless,it is inactive for years it has been dead for about 2.5years because the developers created this coin just for fun,it is a meme coin which has no use at all,stay away if you dont want to burn your investment.
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The market seems to be recovered from the worst bloodbath that we have experienced for about 2years,the previous market crash is the worst and it is a good thing now invetors are coming back,putting their money to cryptocurrencies again.
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I prefer simple things over complicated things that is why im sticking with bittrex this is the first exchange that i have used and for the past 2years ive used many exchange but bittrex caugth my attention,the GUI is very easy to use,and it is newbie friendly so i am suggesting this exchange to most of the new users.
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Buy and store them on Binance.
Storing altcoins for a long time in exchanges is risky,these exchanges are being targeted by these notorious hackers,so its not advisable to store your coins there if you are not going to trade,its against their TOS,best way is to find hardwallet or paper wallet that support your tokens or coins. |
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I wont give a shit to neither of these two shitcoin,but if you asked me which is better between the two i will rather choose waltonchain over this cancer centralized coin XRP..
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They have the same instructure as you said,so its better to get out from it while it still running,you wont lose anything if you got your investments back.
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Probably another pump and dumps by these trapped whales,they are cooking something so they can take profits while these small fishes bite the bait.
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Yes the last day's bloodbath is not yet ended,today btc starting to go down again,another bloodbath will happen and thats for sure.
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I bought BTC and ETH,they are very cheap and after just few hours my porfolio is up by 40% and thats huge money,i love how crypto works.
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Ever, fuck you guys!  And I hope you realize as soon as Bitcoin cash fails to overthrow Bitcoin in this insane attack. It's going to get beat back down so hard. *sorry for the low quality post. I wont and i will never will,roger ver is a wicked man.Overthrowing BTC for him to manipulate the whole market is insane,we are a decentralized community if BCash overthrow BTC thats the end the whole market will be centralized. |
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Well this is very what we expected to happen few months ago,the one ponzi scheme that is well crafted by its greedy founders,a ponzi scheme from the start ended a ponzi,most of the people invested in this scheme probably aware to what will happen from the time they joined,.
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Hi all, I'm working this list of factors to consider when evaluating an ICO for investment. This is a LIVING LIST, and I'm seeking input so that I can create a public checklist of sorts. Share your thoughts! I'll constantly update the questions on this list based on new information. Ultimately, we should be able to evaluate an ICO opportunity by working through the checklist. See the end of the list for sources...there will be many in addition to the feedback I get here. One list to rule them all!!!SO, first step was getting the sections down. Now, I am reviewing ICO evaluation articles and adding relevant questions to the sections below: Evaluating ICO Opportunities1. Token Purpose: what need does the token address? - Is the token new and no other token offers the same service?
- Does the token have a clear purpose?
- How broad or narrowly defined are the use cases for this blockchain?
- Does the token provide return to token holders?
- Does the token reward users for contributing resources towards the creation of a shared service that will benefit all users?
- Can the resources contributed by users be verified by anyone?
- Does the token align incentives to simultaneously accelerate growth and token value?
- Who will support the token?
- Is the token structured with centralized control or a decentralized governance?
- Is the token a utility token (usage token or work token) a security token, or a combination?
- For usage tokens: is the digital service being offered useful and does the network underlying the digital service aggregate resources (hashing power, file storage, etc.) that will differentiate the service in the long-term?
- For work tokens: is there a strong network emerging that wants to contribute and is the UX well thought through? And is the service offered useful to people?
- For security tokens: is there some technology underlying the security that gives the token a long-term competitive advantage?
2. Competitive Analysis (SWOT): is this unique in some way? - Does the project benefit from being on the blockchain? Should it be on the blockchain?
- Can the company successfully dethrone any blockchain-based competitors in their industry?
- What are the possibilities past the first use case?
- Is there a core technical or product advantage that is likely to lead to competitive differentiation?
- Does the company have strategic partnerships with trustworthy sources within the industry?
- Is it impossible to substitute the use of the token for another?
3. Technology: what is the tech? - What type of technology is it? (DApp? Infrastructure? Currency?)
- What blockchain is it running on?
- Are they developing their own infrastructure instead? If so, why?
- Is the token mineable?
4. Minimum Viable Product: how solid is the product? - Is there a working prototype?
- Is there a working prototype code working on a testnet?
- Do they have prototype code at all (even if its not currently executed)?
- Is the code a copycat that implemented no new features?
- Does the code have commentary?
- Does the commentary explain clearly the purpose of the function?
- Are the functions a reasonable length? i.e. are they less than 50 lines?
- Does the code allow for rapid expansion of user base and network interactions?
- Are there any external audits of the code?
- Is the product's technical specification thorough and does it demonstrate mastery of the subject matter?
- Are there people out there who want and need this product right now?
- Does the product benefit from network effects?
5. Team: who's running the show? - Who is the founder, what is his/her background? (Have they built and sold a company before, or a new entrepreneur?)
- Can the team be found on LinkedIn and Github?
- Is the team exceptional technically, inclusive, transparent, objective and capable of fostering a vibrant global community?
- Can this team attract partners and participants?
- Are there people on the team who understand marketing and evangelizing?
- Does the team have a history of success, demonstrated ability to overcome obstacles to success and strong desire beyond money?
- Has the founding team demonstrated the characteristics (inclusive, transparent, objective, etc.) necessary to build a healthy community?
- How will the team continue to communicate their progress?
- Does the company blog regularly about their work?
- Have any members of the founding team participated in blockchain and/or cryptocurrency industry events?
- What is the founding team's expertise with cryptocurrencies and blockchain? Are there any red flags concerning their credibility in these areas?
- Is the team able to explain, in relatively simple terms, the value derived from using the blockchain?
- How many developers are on the team?
- Do the team's developers have active GitHub profiles?
6. Advisors: who are the big guns? (mentors and advisors) - Are there any industry experts backing the project financially or as advisors?
- What tangible benefit (i.e. advice or strategic connections) do advisors provide the company?
- Do advisors include the project on their own public profiles such as LinkedIn?
- Have advisors discussed the project publicly and recently?
- How involved are the advisors in the project's online community?
7. Roadmap: where do they plan to go? - What is the team's timescale for implementing their proposals?
- How detailed is the plan?
- How realistic is the vision?
- Are the goals achievable based on what the team has accomplished to date?
- Is token distribution linked to the roadmap?
8. Token Offering Structure: how likely am I to get burned? - What is the hard cap?
- What is the soft cap?
- How many tokens are being created?
- What is price per token?
- Is there a pre-sale?
- Who has written up the token issuance contracts and actual token issuance software?
- Which blockchain infrastructure is backing up their sale?
- Will the software platform generate new tokens?
- What is the planned use of funds? (e.g., marketing, legal, development, etc.)
- What share of the token distribution is allocated to bounty program?
- How are tokens put into the hands of investors and interested individuals?
- Are the founders holding onto most tokens?
- How long is the vesting period before investors can diversify?
- Are the funds in a multi-signature wallet?
- How do you buy tokens? Is there Escrow or direct to a company wallet?
- Is the team going to destroy or redistribute a significant part of unsold tokens?
- Is the token distribution coming directly from a smart contract?
- Is there a cap on funds raised per person?
- What rights does the token provide the investor?
- Are there any limitations on the ability to resell the coin or token?
- Is there a lock-out period? If so, for whom?
9. Hype: what are people saying about the ICO? (ratings + community + PR) - Is there a well-developed whitepaper?
- Is there a professional website?
- Does the project have an announcement (ANN) thread on BitcoinTalk?
- Is there a Reddit community?
- Is there an official presence on Slack, Rocketchat, Gitter, Telegram?
- Does the company report progress on a regular basis?
- Are there a significant number of users on the main social media pages for the project? (Bitcointalk, Telegram, Twitter, Medium, and YouTube)
- Is the social community diverse?
- How is customer service and tech support on the project's social media accounts?
- Is there a bounty program?
- Is there an airdrop?
- How often has the project been mentioned in the press?
- Has the project been mentioned in mainstream technology media and in prominent finance publications? (Techcrunch, VentureBeat, Forbes, WSJ, Reuters, etc.)
10. Legal Considerations: is this on the up-and-up? - Does the company have a physical address listed publicly?
- In what jurisdiction is the company incorporated?
- Do either national or international regulations apply to the project?
- Is the ICO compliant in your country?
- What legal structures are being disclosed?
- If a security token: federal and state securities laws require investment professionals and their firms who offer, transact in, or advise on investments to be licensed or registered. Is this the case?
- Is there a SAFT agreement?
- How is security handled?
- What are the apparent, perceived or real regulatory risks?
- Are there plans for external or internal audits?
- Have they published the terms and conditions of the sale in clear language?
- If there is a DAO (Decentralized Autonomous Organization) -like component, is its articulation realistic and well grounded?
Thanks in advance for your input! Crypto-Kristen  SOURCES: 1. "Our Process for Evaluating New Tokens" by Nick Tomaino https://thecontrol.co/our-process-for-evaluating-new-tokens-4627ed97f5002. "Scrap the White Paper: How to Evaluate Tokens and Blockchains" by Coindesk https://www.coindesk.com/scrap-white-paper-evaluate-tokens-blockchains/3. "How to Evaluate an Initial Coin Offering" by Strategic Coin http://strategiccoin.com/evaluate-initial-coin-offering/4. "Due Diligence: How to Evaluate an ICO" by Cryptos R Us https://cryptosrus.com/due-diligence-how-to-evaluate-an-ico-initial-coin-offering/5. "Due Diligence: How to Evaluate an ICO Investment" by Bitcoin Market Journal https://www.bitcoinmarketjournal.com/ico-due-diligence/6. "10 Steps for Evaluating Digital Asset Crowdsales" by Token Market https://tokenmarket.net/blog/how-to-invest-to-ico-and-blockchain-tokens/7. "10 keys for evaluating Initial Coin Offering (ICO) investments" by CryptoPotato https://cryptopotato.com/10-keys-evaluating-initial-coin-offering-ico-investments/8. "Methodology" by ICORating https://icorating.com/methodology/9. "ICO Analysis Framework" by Kasper Rasmussen https://blog.ethfinex.com/analysing-icos-4abe41930f0410."Evaluating Tokens and ICO" by HackerNoon https://hackernoon.com/evaluating-tokens-and-icos-e6c22c1885bb11. "ICO Analysis Framework" by MT Kander http://www.mtkander.com/cryptocurrencies/ico-analysis-framework/12. "How to Value Cryptocurrency" by HackerNoon https://hackernoon.com/the-7-things-you-need-to-know-from-the-valuing-cryptocurrency-conference-call-c238095a03b913. "White Papers Versus Other ICO Evaluations" by Financial Advisor Magazine https://www.fa-mag.com/news/white-papers-versus-other-ico-evaluations-36272.html14. "How to evaluate a Blockchain ICO" Nami Consulting http://consultnami.com/how-to-evaluate-a-blockchain-ico/15. "How to Evaluate an ICO (a VC Perspective)" by Lauren Stephanian https://medium.com/the-mission/how-to-evaluate-an-ico-a-vc-perspective-65ac781971b616. "Investor Bulletin: Initial Coin Offerings" by United Securities & Exchange Commission https://www.investor.gov/additional-resources/news-alerts/alerts-bulletins/investor-bulletin-initial-coin-offerings17. "How to Evaluate an ICO" by Shermin Voshmgir https://medium.com/blockchain-hub/how-to-evaluate-a-ico-part-1-c6829d4de76618. "ICO Bounty Programs: Your community should be more than Bounty Hunters" by Brian D Colwell https://briandcolwell.com/2017/12/ico-bounty-programs-your-community-should-be-more-than-bounty-hunters/.html19. "The ICO crapcoin checklist" by Matthew Roberts http://roberts.pm/ico_crapcoin_checklist20. "4 Criteria For Evaluating Blockchain ICOs" by CoinDesk https://www.coindesk.com/evaluate-blockchain-initial-cryptocurrency-offering/Holycrap,you just nailed it,you did a very good job in researching all of these i know it takes days before you got all of the information needed,im sure you will be a good investor as you are a newbie you really did what you must do to learn the basics. |
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