The least trusted projects probably work harder to prove doubters wrong. This is about bringing real product that would back their token, and ensuring that trade in exchangers are active and efficient. Making investors smile at the turnout of their capital thereby attracting more investors. This make people believe in you and take more risk cos trust has been established.
You are right. Sero remains of the humble projects that shocked the crypto space because it started from a less popular exchange Qbtc until its announcement at gate exchange for IEO and I think Sero remains the best performing coin in IEO history or rather from gate exchange because I remember it doing x50. What I believe sold Sero is its unique privacy blockchain and Tokenomics which had very little supply in circulation as at then |
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We dont necessarily have to waste our time removing all those coins from the system because they will eventually die on their own. Majority of the altcoins on the market are just pump and dump coins without any real usage but traders throw their hard earned funds into them
I think what he wants is a system of sanity wherever the cryptocurrency market presents only a few working coins and maybe deletes all the existing shitcoins to tidy up the market but I don't think that will ever be possible. Op should rather with top 100 coins on the coinmarketcap or whatever number he prefers as the investment scope |
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It makes no logical sense to sell an altcoin right at the very bottom of a market cycle. Look I know its very painful to see that altcoin you love some much cause you so much grief, and not to mention checking your altcoin account balance looks like a scene from a horror movie. But I am here to tell you, to hold strong, keep the faith and ride this altcoin storm as we are about to hit a very sweet spot in the market cycle where altcoins will explode in value. Almost every altcoin is extremely oversold when comparing it to previous altcoin ATH (all time highs) and not to mention when comparing it to the bitcoin rally of late. ATTENTION: We are about to enter altcoin season right at the very bottom, there will be some explosive move coming....Please hold firm.Much love to all altcoin holders (especially those that hold HST decision token) Stay safe, and see you all at the very top of the next altcoin season. Peace out  Holdl altcoins? #lol. I'm a fan of hodling but not every altcoins deserve to be hodl and if you chose to do otherwise, it will definitely end in only one thing....... I've sold a lot of altcoins which i contemplated to be at the very bottom but i thank God that i did because their prices are nothing to write home about now. And most of the altcoins i fell in love with and hodl surely dissapoints because most devs do create coins with predetermined intentions of cashing out certain amount and when they hit that amount, boom its game over. Op and some other altcoin hopefuls have to be aware of the fact that not every altcoin will do well. Infact, a greater number of them are shit and mere money making tool for the token creators with an end result of eternal dump. It will actually be considered a wise move for an investor to sell off and move on even at all time low having know that the token has no future. Its better than holding till the project gets delisted on every exchange |
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the only difference is the middle letter. ICOs are scamming people by calling themselves initial "coin" offering and IEOs are scamming people by doing the same exact thing while calling themselves initial "exchange" offering.
the end result is exactly the same with different speeds at which they dump and exit. as IEOs are already supported by and listed on an exchange they can dump and run away faster.
You got it absolutely correct. The only difference is that C and E in between. Otherwise, they are both the same bananas. They are actually both coin offerings, the other one offered to the open public from the project itself while the other one is offered through the exchanges. There are tinier differences such as ICO coins might not be listed at all while IEO coins are going to be listed immediately right after the offering, ICOs are offered in an absolutely free market where a scam is offered alongside a much lesser scam while IEOs are somehow screened by a third party which is the exchange, and so forth. But all these differences could really be insignificant. You just put out the basic difference. ICOs are fund raising campaigns organised by the developers of the project itself, they have full control of the funds. IEOs are organised by the exchange and they have initial funds control. Asides this, the result which is "loss" is usually the case for investors when they allow complacency to kick in. Nothing different in that regards |
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The Market is ready for any good coin as there's always a room to confrom to by good coins. The problem is that Libra is not yet ready for the market. Maybe it should scale the hurdles it faces which is becoming to high already as investors like PayPal, Mastercard and co are already jumping ship
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China Creates Currency to Cancel-out Cryptocurrency
The Chinese government is on a mission to keep people dependent on government-controlled currency.
China’s government has now devised a cockamamie scheme where they will use their central bank and commercial banks to distribute a newly created digital fiat currency
in an attempt to trick citizens into believing that they have cryptocurrency all in hopes that the people will use the digital fiat instead of real cryptocurrency and stay government currency dependent.
The fiat digital currency will be totally centralized and the plan is to replace the current currency, the yuan,
with the new digital currency which right now is being referred to as Central Bank Digital Currency (CBDC). The digital currency will be issued to commercial banks via the central bank, and the commercial banks will, in turn, be able to distribute it to the people.
How can they create a coin to cancel out cryptocurrency. Technically incorrect but from economic view point I think I might just understand where this is going. They want to hoist a crypto people will look up to and they will exercise controls over it. I am assuming it will be another stable coin which will still remain second to bitcoin in global ranking (not Chinese ranking where Neo comes first) |
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No way, I think China has done its best in boosting cryptocurrencies(Esp China based coins like neo, TRX, ontology, and so on) the last few days after President Xi Jinpings announcement. Next move is expected from USA. Maybe that will trigger the bullrun.
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Asia is currently leading the cryptocurrency markets, but at the same time, most of the scams and hacks have targeted the users from this region. Almost all of the exchange hacks have targeted cryptocurrency exchanges from Asia. Also, some of the biggest scams (such as the PLUS token scam, which stole more than $3 billion) had their origins in Asia.
Asia and United States of America are the biggest players in cryptocurrency and yet they criticise and scrutinise it the most. They understand the importance of the Blockchain technology and the key role crypto plays in revolutionising the financial world. I am glad China has owned up to it and released plans to develop one for its own. |
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Scam projects are undoubtedly a problem, however, it is impossible to say unequivocally that it is scammers who steal money that kill the love and faith of the crypto market for ordinary people and investors.
Rather, an additional incentive for problems is the manipulative and speculative nature of the market itself, which rejects new people from it.
It is not difficult to notice how people with large volumes of bitcoin manipulate the market. It is difficult to predict your investments in such an unstable and unpredictable market.
True. We can't entirely say its scammers that wholesomely make cryptocurrency unattractive but we should also point at the high volatility. Bit I think the volatility shouldn't be a problem if scams and negative events that shift tides In crypto can be controlled. The fact remains that frauds, hacks and the likes contribute a major factor to it all. I hope it can be solved as time goes on |
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yes I still hold bitcoin and some altcoin. I'm not too talented doing daily trading like you. and also in my opinion to trade we must focus every day and always see the development of coins. and I don't have much time for that. so only hold and when the coins that I have increase by 30% I will choose to sell them. I also don't like to hold back too long or wait for prices to go up by 50% -100%. when I already feel fortunate I will sell it.
The only coin I hold in my hardwallet is bitcoin. I save a portion of every profit I make in trades in Bitcoin because I believe in the Bitcoin revolution. I don't like holding altcoins because they are too transient for my liking. It might be the best today, but tomorrow, another is launched with better tech and structure. I can't deal with that |
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That website is annoying, and using the term 'whales' in journalism shouldn't be allowed unless they're referring to the mammal. If the article is correct, tho, it is kind of scary. ETH is owned by just 376 whales and they control 33% of Ethereum’s circulating supply. Imagine if those whales got cold feet and decided to sell all at once. They would be insane to do that, but it could happen. I'm just not sure if I can trust those numbers. Despite what the article says, I'm pretty confident that Eth is a good long term hold and I do own some. It's already a great altcoin and I don't think anything is going to change that anytime soon. Unfortunately, everything is striving for centralization, whales are everywhere. This ratio is not good, but not completely critical. In many altcoins, most of the funds are also in hands of whales and market makers. I learnt that bitmain and its accomplices hold over 30 percent of bitcoin. Now that China has openly quoted its need for cryptocurrency and blockchain, i believe cryptocurrency is gradually tending towards centralization because that the only way it can be fully monitored and managed by the centralised bodies |
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When i search i found ICO projects with very good rating, this rating posted buy ICO rating websites, how this rating works, websites did not mention about the factors use to rate this projects.
Good observation. Well some of us know they are paid ratings. Although you can take a decent opinion from ICOdrops. They seems to have dominated the reviews space because of the fact that over 60 percent projects featured there do raise huge money at ICO. Nevertheless, the onus remains on you to make your researches before any investment. Only you can protect yourself |
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Some Project owners together with some Bounty managers promise Hunters certain percentage of total tokens to be created.
These promised tokens inturn manipulates hunters to engage in these bounties expecting to be paid.
One main phrase that gets to favor this bounty managers and project owners is "bounty manager and project owners have the rigjt to male changes to the bounty tool at any point in time"
Should the above statement be allowed to continue?
Two words: greed and dishonesty. It is one undesirable characters you wouldn't want from a developer but unfortunately, most humans are that way. Theses managers and developers are all nice and friendly before and during bounties but once bounty is done and it's time for payment, they will renegade on their promises. I hope that top bounty managers will find a solution to such ugly situations |
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It is because almost 90% of new projects turn of to be scam and even if they are legit, the chances of surviving in currenct bear market is too low which makes the investor think twice because they are afraid to lose more money due to their past experience. They don't want to invest on a new project because they knew that it will take long to generate profit so instead they just buy top coins in the market,
Not just scams but pure copyrighted works of original platforms which existed two years ago. Nothing unique to offer anymore. They only speak big grammers to make it look appealing to investors but unfortunately, investors are now wiser. It used to be Blockchain 2.0, Blockchain 3.0, Quantum Leap Tech and so many other terminologies that have lost taste |
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It is gratifying to see such approaches from projects. I think Binance has a charity too. I think that such platforms express the nature of the blockchain very well. Because blockchain is a pioneering technology in creating a more just and equal world.
I hope we see this kind of project increase. I appreciate Energi.
I can't agree any less. The fact that they do all these honorably and transparently gives me joy for cryptocurrency and forms anew beacon of hope for enthusiasts and other cryptocurrency platforms as well as worthy of emulation. Another project which deserves our adulation is the stellar lumens foundation. From November, they will be placing all keybase subscribers on 100m usd release. Its awesome |
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its hard to attract investors in bear market the reason is bear market gives uncertain amount investors to attract funds most of the icos are halted
I do not think that we should blame the bearish market because whether the market is bear or bull, the investors always search for the legit project and when the project is legit they do not care about the bear or bull market they just invest their money for profit, and when the project seems scam to them nobody invest in that project even if the market is on peak. Blaming the bearish market is a weak Alibi. Samsung, HTC, Facebook, kakao and so on are not investing in the industry because of the bears and bulls but rather they are looking at how the technology can help then enhance and improve their services. Quality projects that solve real worlds needs will always have investors. Did you see what Aergo and Chainlink are doing? |
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Without saying much, the safest way to protect your tokens is by using a hardware wallet. In situations where you can't afford the hardware wallet, keep the private keys of your app or web wallet safe, do not share it, because it is a sensitive information. Avoid clicking on phishing sites.
Hardwares are more advisable for long hold coins/tokens. Because the ease of access is usually a problem for me. I prefer a well backed up imtoken 2 or Trust Wallet with access to my finger print such that even if I loose the phone, someone can't crack my password. These mobile wallets are among the safest too if you observe basic safety precautions |
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Try not to be beguiled, there is cash to be make in promoting bounty projects ,the individuals who make colossal cash will never express an announcement about it, don't leave since individuals reveal to you they aren't paying because i still find out today that many bounty hunters still don't know what they are doing when choosing projects to promote, they are still choosing projects blindly and don't depend on a solitary tasks either but the most important is not to get deceived by inexperienced bounty hunters cos they will always have bad news to share about bounties
I am not sure we are to blame the so called inexperienced hunters because we truly lack quality bounties. Truthfully, there might still be some amount of good money to be made but then it requires keen research. Things have changed from what it used to be due to increased bad projects and hunters |
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You can't fight fire with water all the time and expect that the industry will become nicer because we police it.
People simply have to understand that crypto means two things on one side of the coin. One thing means we have proper freedom for all our money and financial decisions. But this also means we also are responsible for our own safety and our own due diligence.
We cannot have 1 thing and not the other!
Aptly put mate. I quite agree with your analogy although I still think that our Devs and CEOs who are part of major stake holders of this cryptocurrency market still have alot of good roles to play at this younger stage of the cryptocurrency market till it grows. Or don't you think so? |
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Every centralized exchange is required to do AML/KYC on their platform if they want to do it to prevent money laundering and the SEC penalty. That means there is no legit exchange that will run an IEO on their platform without asking the KYC to their costumer. If you do not want to send your KYC, do not participate in IEO but find ICO.
there are many projects do not require you to send your documents to participate in their sales.
I think the OPs concern is the fact that cryptocurrency is fast deviating from secure, centralised, privacy space to a more open and tolerant space which is in bid to accommodate the rules and regulations of financial operations in the centralized world. If he's only interested in IEOs, them I am afraid he must pass through KYC unless there's a Dex offering IEO sales. But if he can't, then the only option is to buy from exchanges after IEO sales. That's the most obtainable for OP |
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