When news come from China you need to be cautious since journalists often get lost in translation and thins are not really as they say, but in any case, this is what happens when the reputation of a project is linked to a single person.
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From the crypto point of view these kind of tokens are a joke. These football clubs don't need to create a token to do what they will do with this one. They are just riding the hype around cryptocurrencies and trying to benefit from it.
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Most exchanges de-list coins either due to low or no activity/volume, mostly it does not have anything to do with the quality of the project rather it is due to the burden on the capacity of the exchange so they want to keep only high volume coins that are producing the highest revenue for the exchange and delisting frees up some server space so better speed and service for rest of the pairs.
It's possible that this is a good reason, but not the only one. I see it more like a punishment, something like “if you don't make me earn money, you are out, so do what you have to do to get volume and make me earn money”. They punish unprofitable coins and send a warning to the other ones that stay.
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About the second question the truth is that existing DEX are still not entirely descentralized and there are ways in which they can be attacked. For example, being web based, they can be victims of a DNS hack. However, it's much easier to hack a centralized exchange.
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It depends on each person and with what you invest. Usually, if you have BTC and you invest part of it in alts, you will want to get more BTC, whereas if you invest in altcoins with fiat money, you will want to get more fiat money. Anyway, you have to do what you consider appropriate and follow your own ideas and not what anyone tells you.
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Not everybody has the same persistence and self-confidence. However, that difference between the ones who keep fighting for their project and the ones who abandon shows who are the ones that really believe in what they are doing and the ones that launch a project as if they were launching a stone to the water to see what happens. If you leave at the first obstacle, that means that you would have never succeeded.
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Your idea may work if there is a real demand for the coin, if not, that idea won't work and the price will dump no matter what you do. In fact, if there is demand for the coin or token, dumps are not a problem since the price recovers sooner or later.
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I think it will always be that way with anything that can give people an advantage in business or over other people. It doesn't have to be computers, it happens everywhere. There will always be those who look to exploit a thing in order to gain personal or commercial advantage.
Especially when no one cares that they do that. We all know how, from small apps to big corporations, they collect all kinds of data from users and they sell or hand over those data to third parties and no one cares. From time to time, there is a scandal in the media, and in two days everything is forgotten. I guess people are too naive.
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It will depend on users. Right now there is a boom of hybrid and DEX exchanges, even big centralized exchanges have their own alternative version. This shows that there is a demand for DEX exchanges, but that demand must be confirmed with facts. If users chose DEX over centralized exchanges, most of them will move in that direction, if users think DEX are too difficult for them or they don't want to be responsible for their coins and prefer centralized exchanges, then, those exchanges will prevail. Taking into account that new users are more likely to choose centralized exchanges while existing users may prefer DEX, I think we will see both models coexisting.
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In the article, it is discussed about the possibility of using the Stablecoins, is this a green light for Stablecoin such as USDT, USDC & the excited LIBRA?
No way, in any case it will be a green light for stablecoins issued and controlled by the central banks and governments, something that will not be too different from current payment methods, but disguised as cryptocurrency.
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This is secondary to how much the US government and others loathe Facebook. As it stands I well and truly cannot see them permitting Libra to happen in the form they're proposing.
This controversy between the US government and Facebook regarding Libra is just fireworks. What the US government wants is that Facebook collects and share all the information related to Libra users and this is what Facebook will end up doing. Facebook will say that they had another intention but they were forced to do that, and that's it.
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Hello There , I found some contract in github that claim its possible to send Tokens without having ETH in your wallet, I want to send my tokens to another account and dont want to use ETH for paying fees, it will reduce the gas fee from the token amount? is there any developer who could help me to do this ?
Thanx
wow, just heard about this from you, if someone can pay a transactions fee with a token not eth but, in my personal opinion you can't do this mate, you will always need eth in your wallet to pay the fee,, anyway can you show me the github link, did you mean in your post above ? https://medium.com/@chiro8x/proof-of-concept-send-erc20-standard-token-without-etherem-8bbacb911deaIn the example posted in that article, you still would be using ETH to pay the gas, the only difference is that the gas would be paid by the receiver instead of the sender. Anyway, I don't see much future in that proposal, it would be a harder, longer and more uncomfortable process that no service provider will be willing to carry out.
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They will swap the token and then the team is not giving a chance for those who are not yet swapping their token to the main net? What a joke. thank you very much for your link, it seems like I must visit telegram group directly to talk about that.
I guess this is a good reason to not hold altcoins, especially tokens. For example, any Bitcoin holder knows he can forget about crypto for a long period of time knowing his coins will always be there when he comes back. However, if he holds altcoins, particularly tokens, and he forgets about crypto for some time, there is a high risk that he misses one or two swaps and he can't get his new coins although those coins belong to him.
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Sometimes Vitalik looks like Dr. Stein trying to kill his own creature, I would understand that he said that only if he were joking. If Ethereum needs a temporary solution to their scalability issues, they must find it by themselves and not relying on another project.
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Scammers will always go where the money is, if cryptocurrencies are more popular and there are more crypto users every day, scammers will try to take advantage of it, adapting their tactics and targeting crypto holders, it's inevitable.
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You can't compare IEOs with ICOs. During ICOs hype, most of them used Ethereum smart contracts, thus showing a strong use case of the platform. People saw that Ethereum and its smart contracts could be used, among other things, to launch ICOs and raise funds. Now, IEOs are different, I don't even know if the exchanges are using a blockchain to perform IEOs since the procedure is internal and they don't need it.
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That will not happen, it would be a too insecure way to access an exchange account, hacking a social media account is very easy and frequent, any attacker who were able to hack a Facebook account could access the exchange account of that user and do whatever he wanted, it would be a mess.
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And as what I have learned and understood, Facebook, as a single member of the Libra Association, will only have a single vote as well. They will have the same equal footing as the rest of the founding members of Libra.
I interpret all these statements as a step to insulate Libra from Facebook, whose data issues and reputation have really made them look untrustworthy.
Obviously, they know they need to do this since people don't trust them, but will they keep their word? They own Calibra, how can people be sure that they will not collect data from Calibra at all? One thing is what they promise, another thing is what they can do.
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The main concern with Libra is not its centralized aspect, after all it will not be the first centralized coin out there, but privacy. How can Libra users be sure that their data and movements will not be tracked, stored and sold or leaked? After that widely known data leak scandal, how can anyone trust Facebook at this point? Are people really going to ignore this?
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If you find any scam wallet or you have suspicions about one, you should report it so it can be removed from the store, this is the best way to fight against this, no only not downloading those fake wallets but also reporting them. On the other hand, store managers should strengthen controls when it comes to crypto wallets.
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