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Not the end of alt coins, but the end of the crypto community falling for scam projects is nearing. They are many solid projects out there, and ten scammy ones for each. Thee scam projects are the real alts that need to die.
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That’s very true. Bounty Hunter have a better sense of whether the project is a scam or not based on being able to see the details of how the project markets to the community. Many investors just think the hat they put money in, so bounty hunter claims don’t matter. However, if a project will scam hunter, then they will scam investors too. Investors should be concerned about any act that is not based in honest behavior; even when it seem that they will benefit from it.
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All of the cryptos I hold are 2-3 year portfolios which I will reassess at that time whether to hold longer. I know a lot of people are anxious to cash out soon, but I think it will take about 2 years for crypto to see its full potential.
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Hacking is always due to some careless on the part of the holder. We should be more careful of our carelessness than hackers. Change passwords often and don’t reused/share, use devices that is dedicated to crypto (not porn), and back up private keys. All it takes is a little effort to be safe.
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I would be very skeptical about any ico that didn’t have a white paper. If you are going to ask the community for funds, at the very least, the team should have a sound idea writttn down on paper.
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Stellar is one of five of the most serious projects in cryptos that actually has value. The Stellar team has made giants steps toward adoption, compared to most other projects. Just look at what they are doing with IVM!!
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I’m actually an ico investor who became a bounty hunter. When you participate in bounty campaigns, you can see differ aspects of the project and team that most investor do not. Help to make a better inform decision.
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I usually use Ethereum or trading and also participating in a ICOs Allah. I know many people prefer bitcoin for trading but ETHEREUM works well for me. And of course it’s always the go to currency for ICOs.
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Quant Network is one of the best projects out there. Not many people have heard about it, but I expect for it to be in the top 10 CMC by 2019.
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I think most people are taking a break from ico’s For a while. The market are really unpredictable these days. But if I were to participle in any ico’s It would have to be one that has a solid team and backer; not to mention, a sound use case.
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Another good way to earn alt coins everyday is to invest in staking coins. Projects like VenChain, Stellar Lumens payout coins just for staking. Good source of passive income. You can also buy a masternode from which you can make a lot of money.
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I actually believe the opposite is true, trading will get u nowhere. I know a few people who got into the Ethereum Pre-sale; all millionaires now. And I know as many traders, all still struggling now. Pretty simple logic.
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You better have a very good look at the terms and conditions of this bounty. It pretty much says that you have not guarantee that you will be paid for your work according to the precentages promised. Read carefully; join at your own risk.
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I totally agree with your opinion which states that alt coins are overly dependent on bitcoin. I hope in the very near future that we will see more fiat payment options which will lead to less dependency on BTC.
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I would highly recommend the Loyakk Vega ico. Loyakk Vega is building one of the most secure data communication networks ever seen. They already have lots of Fortune 500 companies onboard. Definitely, check it out!!
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Everyone is waiting for the big bitcoin pump at end of the year but very few people understand what’s behind this. The answer is very simple if you think about it. It’s all about taxes! The Chinese business fiscal year ends in December; like in so many other countries. As we all know, the majority of hash power on the bitcoin network comes out of China. Just think if you were a bitcoin miner would you run the price up middle of the year to have to pay taxes on your gains in just a few months? I think not. Bitcoin miners wait until end of the year to pump the price up and cash out in January; offsetting tax payment until the end of the next year. So Forget all of the guesswork and just hold!!!
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Sad to hear some of the comments here. Seems like many people are willing to live with a boot on there neck rather than try. Or maybe a scam project trolling the thread. Lol. As a person who has advanced degrees is business, believe me when I say bounty hunter have more options than they know. Get a lawyer and sue, if you have a case!! Stop weighing your losses and weigh the injustice against the impact it will have later down the line!!
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Recently, some projects refuse to pay bounty participants or change terms after the work is completed. Regardless of their excuse, this is considered fraudulent inducement and can be reported to the FBI or your local police wherever you are in the world.. You can file a report at this FBI website: https://www.ic3.gov/complaint/default.aspx/Some projects will say they are registered overseas or have lawyers to scare people from taking action. Even if so, International law make this a crime. The terms of the bounty announcements are considered a legal contract and must be followed under international law; even if NOT signed. So I recommend any bounty participants who have been cheated out of payment to contact your local police department or fill out the FBI Internet Fraud complaint form above. If you don’t take action, cheating bounties will become common. I hope this will be of help to many... This is why you should only join bounties that are run by ranking members of the forum. If you stupidly join bounties that are run by newbie/jr.member throw-away accounts then expect your efforts to be thrown away as well. If you join bounties by high ranking members then you will probably be not disappointed because you can open a scam accusation against them and ruin their thousand dollar account value. That is not a protection at all. Scam projects can also buy high ranking accounts too. You never know when a project (no matter how legit) will just refuse to pay the bounty; becoming a trend these days, because bounty hunter are too complacent and let them get away with h it. Even if you don’t think it matters, why wouldn’t you take just a little time to report it? Do u really think to just do nothing and say, “oh well” is better? |
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Don't waste your time  . FBI will not care about it and there are no way to find out scammers from scam ICO projects behind scam bounty campaigns cause they just picked a random picture of someone on Google then they put into their dev team with a good profile. LOL. Beside as I know cryptocurrency is not something legalized worldwide so I don't think there is any clearly law about it so FBI have nothing to do in this case . Obviously, your opinion doesn’t reflect the real protections that many people have under international law. Too many people think like that and let scam projects get away with scamming. I would like to ask, why would you try to dissuade people from taking action to fix a real problem? But u did highlight a good point; laziness on the part of the victim to make an effort is what scam project depend on. |
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