I do not think they spend in millions on advertising, most icos safeguard themselve by launching different bounty and promotional campaigns where they do jot have to pay in cash and out of pocket rather they pay in a small percentage of company tokens which is the right marketing plan for new projects even if some projects advertise online i do not think their budget goes over several thousands you are just exagerating the advertising expenditure.
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For me Ethereum is very undervalued and i think it is great buy under 500 mark because i think that in next parabolic run, like we saw when eth rallied to 1400, eth can easily achieve 2500 plus value so it is just matter of time and an opportunity to accumulate more and more before massive rallies start.
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Well untill now bitfinex has rejected the claims and accusations against its exchange and the use of usdt funds i hope they will be able.to prove it as well so that crypto markets should continue its recovery because if proven guilty this can prove to be a set back for market as well.
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I am personally jobless in real life but i do have some sources of revenue from my investments so i enjoy doing bounties for some extra bucks and i think that only passionate people can do bounties not everyone can do it. I do enjoy my offline life but sometimes i do have itchy and burning eyes due to perhaps long hours of using both mobile and laptop to work online.
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You are right we should only find and promote high quality projects and if we have even 1 percent doubt in any project we should not promote it, secondly we should look for project that has already raised enough funds ro continue the project because if you promote a project for many weeks and in the end you come to know that the project has failed to raise enough funds so bounty hunters will not get anything such news is always heart breaking so its better to promote only projects that will continue either from seed or pre funding from private investors.
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I also had such approach when i started but then i realized that it is much better to sell in loss when the reversal is confirmed because i can always buy from the bottom or atleast try to find the bottom and get in again this strategy will give you even more alt of your choice and massive gains when coin recover fully.
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I think mostly the reasons for failure are the basic things like not enough research from team before launching, not enough use cases, no acceptance for community, weak or no marketing, new or inexperienced team and last but not the least luck also counts big time in all new projects and ventures.
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So what will happen to their investors and token holders? Will there be any refunds or investors who were holding should face 100% loss of their investment? If that is the case then it teaches us that hodling is not always right especially for newer projects.
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Fomo is never good unless you are sure that the coin you are investing in is still undervalued and same goes for investing in other venues i have seen mining fomo was huge in 2017 and it ended in huge loss to big investors especially because not only they had huge energy bills but there was no buyer of their mining equipment after market was taken over by bears.
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I see lightning network as big deal especially with the recent event and news that says that amazon has started accepting btc as payment via lightening network i think this is very positive news and i hope dozens of big companies are going to follow this and it is vital step for adoption.
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If you are interested to know about the value of the bat token then i would suggest to check daily chart and it is showing bearish engulfing pattern that indicates that the price is going to go fn from here im talking specifically about bat/btc pair here.
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Honestly i do not see any serious threat or competitor for Eth smart contracts and tokenization platform yet im not just saying this because im an eth supporter but facts and figures are telling us this you can check yourself and vast majority of projects with tokens are still using erc 20 model even all the new icos are using eth network for their tokens with rare exceptions so i think eth is strongly holding its place and massive growth is expected in eth till 2020.
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You are right but i think if we want to see ico market like we saw in 2016 and 2017 we need growing crypto market like that time as well and with the current developments we might not be far away from such market so stay positive and good times are coming.
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Well that is a really tough question but on a lighter note i would love to know who thymos and rest of the team behind this forum are, i mean if we can find their real facebook, twitter or linkedin profiles that would be great even better thing will be if they come up and share their profiles themselve but that seems unlikely because i think they want to stay anonymous.
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Most people here are talking about bnb to hit 100 soon but personally i think it can only be a longterm target i agree that binance as a company is doing great but riding too many boats at a time can be risky as well so the team should be more vigilant and ready.
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I think it is really undervalued especially in usd terms i personally feel it will hit over $2 in next bull season and if we talk with reference to btc even then it seems to hqve 3 to 5x potential in value.
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Most coins are following a similar pattern we saw xrp also tried to break above but failed and is declining till then i think market will stay like this for a while and afyer btc halving event we will see final hype and bullish momentum in the market that will lead to new all time high levels for all good coins.
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As crypto supporters and community members we should always stay positive and hope for growth but if you are asking about long term bulls i think that is yet to be confirmed for me recovery to previous high levels will mark the market strength and bulls dominancy which still seems a long way away.
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Dear i do not want to discourage you with your investigations and research about project funds but the reality is that in over a year majority of icos have performed in the similar fashion, i can name you many projects that despite raising decent funds are trading below 10 to 15x the ico price so i do notthink we can do much about it other than waiting for good times to be back.
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No doubt binance is going places and everything what they are doing seems right and they token is doing exceptionally well as well but lets come to your question, well i think Eth has no serious threat from bnb as we have not seen any serious coin killing the other coin as claimed many times as every coin is unique and has its own community so i think eth has no threat.
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