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since the past few months, Facebook decided to launch its own coin, they have been a lot of controversies, as some compared the altcoin directly with bitcoin.
one of its major controversy is if it can upset the world economy, if not regulated. The worry of majority is prospective firm having as much power as countries in creating a means of payment.
According to Benoit Coeure, Global stable coin could boost competition in payment sector, reduce fees for consumer and support greater financial inclusion, but warned it might undermine the effort to clamp down on money laundering, terrorism financing and tax compliance.
Is Facebook launching a stable coin on a global scale without regulations harmful to world economy?
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yeah, it is truly written that "bounty rules are subjected to change", the truth still remains that it will be unfair on the path of a bounty hunter who initial met the requirement, then suddenly you change the rules, that means all his times and effort is wasted.
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i would recommend you use kucoin or Bittrex. they are both well know exchanges with no known negativity about them.
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they are a lot of alt coin in the crypto space right now. i would however recommend binance (BNB) and ripple (XRP). these altcoins in my opinion have an unlimited potential growth in the nearest future.
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personally, an ICO project reaching it hard cap is not in anyway an indicator that the project will succeed. a lot of project in the past met their hard cap and still turned out not to be a success. success of an ico project all boil down to the team.
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Don't invest more than you are willing to invest. Not all ICO projects are worthy of investment, be selective on projects you invest in. Most important stay away from hyped projects with nothing to offer, therefore creating FOMO.
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to be honest, you really cant tell which ico rating is correct because, some ico projects in the past even with the high rating still failed at delivering the promised projects. so you to be have selective when it comes to website rating of ico projects. Not all this ratings are true.
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bear market is the time for real crypto investors to invest, because they are sure to make it big when the bear market is gone. But majority are in it to make money fast, so end up frustrated, when the money doesnt come as planned. go some where else if you need to make money fast. CRYPTOCURRENCY is not a get rich scheme.
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coming a good bounty nowadays can be challenging as most bounties only seem good from the outside. you just have to keep on with the research and hopefully you come across one. its really frustrating when you promote a projects and they fail to reward you for your time.
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ICO are dead because of the invasion of the ico space by scammers who put up fake projects to the public, build hype around it, get majority to invest, thereafter they disappear with the money. frequent occurrence of cases of scam projects made investors to believe all ico are scam, and gradually by gradually they distant themselves from ico projects. No one in his/her right senses want to keep on feeding theses scammers.
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Bear market is a time when you have to take advantage of the fact that the market price of coins are down by investing in coins according to your research have great growth potential. It is simply time for investment. But a lot of people don't see it that way and just want the prices high up everything.
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Regulation of course will do tje entire crypto currency industry now good than harm. The cryptocurrency airspace is already filled with scam therefore there is definitely the need to purify it.
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Biting more than you can chew to me is more of being greedy. You have to know your capacity as a person. We all want to maximize profits in our investment but at the same time we shouldn't do more than inborn capacity. Take things step by step and success will find it way to you.
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Drop In ICO price after listing occurs with many projects, it discourages you from holding the coin because of fear that it will loose it values. Most people I have heard complain about drop in ICO price after listing say it is as a result of dumpers.......
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Creating a myetherwallet account is an easy process. Logon to the official website and click on create wallet, follow the next step. You can check YouTube videos for guidance on how to create one.
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