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Do not lose hope in cryptocurrencies , in my opinion it will get even better than it was before . remember the technology behind cryptocurrency is still new , so many people are yet to understand how it works. the awareness is increasing rapidly and in a few years to come the use of cryptocurrencies will be known to many and this will add value to the market.
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i will only agree with you partially, that some or say most but definitely not ALL ICOs are TRASH. Although i have not invested in ICO recently but i think the problem we have is that the bad eggs would not let us know the good ones.
there are a few projects who wants others to hold a share in their companies , so the genuinely launch an ICO to this effect. but investors feel reluctant perhaps due to their previous experiences with Scam ICOs.
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well, that was a bad experience you got there . but all the same some bounties still pay, i prefer putting my effort in doing bounties for projects that are already trading or rewards given in stable coins.
otherwise engaging in bounties these days can be frustrating because some projects either exit scam or they do not meet their softcap and so cannot continue, then if either of these happens your effort as a bounty hunter is in vain.
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cryptocurrency will succeed, the blockchain technology has come to stay,the fact is there are a lot of challenges preventing people from massively adopting the use of cryptocurrency . one of such challenges is lack of real life usage of several cryptocurrencies, i am sure by the time more institutions, organizations and malls start accepting cryptocurrencies for payment of goods and services in real life we will all see the best of cryptocurrencies.
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I truly agree with you, this is the time for those of us who could not invest in crypto when the price of BTC, Eth other other coins were really high. my believe is that cryptocurrency has come to stay therefore investing while the price is as low as this might be a good idea.
All the same before investing in any coin /token make sure you carry out your diligent research.
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Bounty hunters are not treated right these days at all, and some bounty managers are not helping matters, its like some of them do hold back some bounty tokens for themselves. hunters have to go beg them for the reward of the tasks they have carried out before they reluctantly send tokens.
They bring up unnecessary rules that were not there from the beginning of the bounty.
in some cases, hunters will be asked to do KYC at the end of the bounty and i wonder why this was not mentioned at the beginning.
In any case there are still a few good ones who are fair to hunters and i believe if this bear market ends and market kicks off again hunters will be able to make some profits from the few good project.
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Using fix token method in my opinion is usually a way of cheating on bounty hunters, stake base is good and somehow transparent , and with stake base if the number of participants are not much then the few who did the tasks earn a good number of tokens each. i will always prefer stake base allocation for bounty tasks.
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Bounty hunters are not treated right these days at all, and some bounty managers are not helping matters, its like some of them do hold back some bounty tokens for themselves. hunters have to go beg them for the reward of the tasks they have carried out before they reluctantly send tokens.
They bring up unnecessary rules that were not there from the beginning of the bounty.
in some cases, hunters will be asked to do KYC at the end of the bounty and i wonder why this was not mentioned at the beginning.
In any case there are still a few good ones who are fair to hunters and i believe if this bear market ends and market kicks off again hunters will be able to make some profits from the few good project.
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it will be possible, Although the banks might not agree to link due to the fact that they will need to adjust their rules to align with that of the blockchain which is Decentralization, there are new projects on the blockchain coming up with features that will connect user's traditional bank account to a cryptowallet and users will be able to carry out transactions using same Application.
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yes, i think this is already happening in some countries, i learnt Australia has started receiving bitcoin as payment for bus transportation. and some shops have stated accepting crypto too. i believe in no time , the acceptability and adoption will be massive
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Just be sure you are using the correct official Mew site and be very careful too to avoid phishing links , my MEW was hacked twice .
i will also advise you get a more safer wallets like imtoken , Trust wallets etc where you do not need to login all the time with your private keys. they are both apps, and you are only required to use your password while logging in.
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In my opinion , this is not time for regrets or discouragement in the cryptoworld. like you rightly hear, most people and already leaving their crypto groups . But for me i am waiting and buying the ones with potentials with high hopes that crypto world will jack back to life again.
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have you tried Bitmart or mercatox? i think these two are good also, the transaction fees on mercatox is relatively low. and considering the interface, it has a very user friendly interface that even a beginner can trade without issues .
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well, i will say yes, ICO is no more interesting because investors no longer make profits from buying ICOs, and there are a lot of scam ICOS emanating recently into the crypto space. Also, recently ,prices of tokens dump much below ICO price when listed on exchange . this has discouraged investors.
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Regulating ICO in itself is a good idea because it will go a long way in protecting investor's fund from loss, but at the same , regulating cryptocurrencies will go against the essence its of its creation , which was designed to be Decentralized and void of control by a central body.
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I do not think anything has ever lasted for ever in this world, cryptocurrecency and the blockchain technology will actually last long and younger generations will come to see and use it .
Nevertheless, we should also understand that there are technologies that are yet to be invented. who knows, one man might wake up one day and invent a newer and better technology than crypto and that might take over .
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