We already have enough what possibly can they offer which will challenge status quo? I see it that they are here for their pockets and nothing more. Last year many swept throughout this space claiming one thing or the other but today, they are no where to be found. Top exchanges keeps advancing so as to remain relevant and new ones are coming up, how possibly can they compete? Let's not be driven by unnecessary anticipated features they are claiming to offer and focus on reality, which is, we have enough exchanges already.
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Well, that's the painful nature of what's happening and the worst is, there is nothing that can be done about it. What I do once in a while is to scan them and check their respective groups to see if there is any improvement or not, although am not expecting much but there is no harm in trying. Since this space is unpredictable, who knows, something might happen one day, but in all, i have moved on while hoping for the best.
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A coin answers the name of the developers or team or in a more better way, a coin is synonymous to its creators (developers); so if a coin is a shit coin it means the team is inexperienced and lacks knowledge. However, from a little research it has been shown that most of these developers goes as far as stealing people's details which they use, thereby calling them out won't have a huge effect as they will also create another to scam investors and users. I think the best way to stay safe in crypto investing is by following every project closely, read their whitepaper and ask provocative questions just to stir up their reactions, in most cases they will either ignore or ban the user or investor thus giving the investor the right answer he needs.
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Decentralization keeps ringing but yet with some actions it keeps getting clear that we to an extent we aren't. Privacy coins were created to ensure anonymity and privacy of users thus should they confirm to what Okex want means they will be losing some prominent features. However, it looks they are the only exchange taking such drastic actions while on the other hand, I see it as an opportunity for Decentralized Exchanges to spring up and start doing better so as to take up vital positions within this space; with Decentralized Exchanges, privacy coins will live up to their mission.
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You really did a good job; in the case of smart contracts auditing if it will really help or as easy as it sounds I think most exchanges will be doing such as part of their security measures; nevertheless let them give it a try if they are yet to. On the other hand, ICO regulations might be a tough one as most people believes it will to an extent make the crypto space somewhat centralized. Also, regulating ICOs does not guarantee that the project will do well on the long run, so in all it comes down to, ICO investing have its own risks which one should be aware of or keep away.
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In my own opinion I will say it is increasing or rather growing, the reason is, taking a look at this space today we will see clear changes which haven't been around in recent years, nowadays we hear of various platforms incorporating blockchain or certian cryptocurrencies into their network. Also, there when I read crypto news I always come across various platforms too, who in one way or the other are getting licence to use crypto for various reasons. So to me, mass adoption is gradually coming up but not as fast as it should be.
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Bitcointalk: Chuky92 Campaigns: Content creation (Article), Medium, Reddit, Linkedin, Facebook, Twitter
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I am new to crypto world, can someone knowledge me what is IEO?
IEO and ICO are somewhat the same with few differences; that is, both are used for generation of funds so the team can proceed with developing their platform. However, where ICO is managed by the team thus being prone to various fraudulent activities, IEO on the other hand is managed by exchanges thus removing any iota of fraudulent activities. Owing to this fact about IEO, it succeeded in replacing ICO.
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With these reasons stated by you, I don't think it's tangible enough to grade a project either failure or scam. Ever since inception, it is the team or developers that always decides what to pay participants not the other way round. I have seen a project thats paid in USDT because they are yet to mint their own coin thus also using that avenue to maintain their platform, I think that project is Probit exchange, if am not mistaken. In addition, the success of any project greatly depends on the team because bounty hunters only helps to spread the word about the project while it's left for the team to fulfill what they promised.
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This really don't make sense to me and doesn't look legit either, like why doing ICO again when you can fully go for IEO. Unless you are referring to private sale which the team handles themselves before going for IEO, if that's the case then it's not a new thing and doesn't call from alarm too as it has been happening. But if the reverse is the case, someone like me won't bother investing because this is my first time of seeing such and in this case there will be lack of transparency.
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Asking about crypto going to zero, do you really mean the entire crypto space or what? Because I can't really fathom a coin like Bitcoin going down to zero in the near future but if in the case of altcoins then it is a big YES. Currently most altcoins are already worthless with the team no where to be found which proved that they really didn't developed anything good. Also, as time goes by, the chances of many altcoins going to zero is high as the crypto space is becoming highly competitive which is a good thing.
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The main challenge is, what really made them good project? I think a good project doesn't go down quickly without putting up a good fight which of course will end in victory. Have we tried considering why most projects keeps maintaining a certian range of position on Coinmarketcap? It is because, they are not just good projects but also projects backed by a good team who knows they have something to contribute both to the crypto space and the world; these are good projects and not some projects built on hype which starts dying once the hype fades.
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No matter the amount whether big or small, I will always recommend you use major exchanges without issues; at least there are those where you can exchange your desired asset without going through KYC although there are limitations in withdrawal. The reason for major exchanges is owing to their reputation which they always try to maintain and response to unforeseen delays should it occur.
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I look many token project launch new app dapp. It will make and promise about succesfull their project with launch their app at playstore?
No, launching an app on playstore doesn't in anyway guarantee or showcase a successful platform, there is more to take into consideration. There are many projects with good apps on playstore, but are no where to be found owing to the lack of the right expertise to keep the platform valauble while making the app more relevant each day. On the other hand, there are projects with their app on playstore and still doing well because the team keeps looking for ways to update the platform as well as the app. Let's take Binance as an example, their app is on playstore and is constantly updated while the team keeps looking for ways to maintain the platform through various Implementation of features, services etc.
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Your points are valid but I think only those in an energy efficient environment, that is those in places where the cost of energy is cheap, will enjoy mining the more, of which I guess you are one. The truth is mining comes with peace of mind, if only one is mining the right coin and with the right equipment. Nevertheless, I prefer investing in IEOs to mining, although it comes with its challenges but when it is based on exchanges like Binance, Kucoin, Gate, Okex etc then profit is sure. So in my own opinion, i think it's worth the effort and attention more than mining, since I won't bother about energy cost, etc.
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ETH price do not depend on any IEO because each or most exchanges uses their native token for contribution thereby in this case leading to rise of their native token and not ETH. Should any exchange conduct an IEO while using ETH as the only coin for contribution, only then can the price rise. A perfect explanation is during the time of ICOs where most projects uses ETH as the coin for contribution, we all know how ETH boomed until other coins were added. I think the rise in price is ETH will be driven by its use case and not by any IEO unless exchanges adopt it as well.
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