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For an altcoin to be valuable, the team must have a strong project backing the coins. Any altcoin without a reasonable project and an active team may end up as pump and dump coins.
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The advise I will give a newbie is not come to crypto world with the mentality of getting rich very quick else you may end up being discourage very soon. Secondly, while investing,do your research, don't buy because others are buying.
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Yes, there are some ICOs that are not scam projects. Although we see a lot of scammed project everywhere now in the crypto world now. One just need to do a little more research to know the project or ICO to invest in.
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Of course yes, the fact that there are alot of scam airdrops does not mean you should stop. There are still some genuine airdrops that will give you money.
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I think this year is not as good for ico as last year. The fact is a lot of scammed ICOs came out last year and investors were scammed including me. Almost all the lending ICOs that came out last year were scam. So I learnt never to really trust any ico, and I am sure a lot of other people did too.
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For any coin to be like bitcoin them the developers must really work hard. Bitcoin has gained ground and even when eth and Ltc are trying I still doubt if they can get to where bitcoin is. A lot of projects are using ethereum blockchain though, but they still have a long way to get there if you ask me
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No, I am not using MEW anymore, I was hacked twice in two different MEW wallets and my fund stolen. MEW is not safe, hackers easily drop a phishing link to MEW and use it to steal private key and get people's wallet compromised and coins stolen. I now use Imtoken and it's very safe cos it's an app not a web wallet and I don't need my private key all the to login rather it requires password.
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Bank may not necessarily disappear, but at a long run people will loose interest on banks. The decentralized nature of the blockchain will attract people from the centralized system of the traditional banks to the banks on the blockchain. Some projects are already coming up with the idea of integrating the banking system into the blockchain for a decentralized and effective customer care services.
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Yes, you are right, some Altcoins are worth nothing, I have alot of them in my Imtoken wallets just there with no value. Even some that are listed have remained on 1 or 2 gwei which is as good as worthless. Some Altcoins even the developers have given up on their coins.
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That's your opinion, in my opinion I don't see any reason to say that eth is dying. The crypto market generally is bearish and that also leads to a fall in the price of eth just like in btc. So many projects are using the eth blockchain so why will he die?
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The essence of multiple wallet might be incase one is hacked. But if you can remember all the password it's okay. But you can also protect your wallet from being hacked by being careful of links you click, and trying as much to avoid web wallets and rather use app.
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For now, atleast I think so too. A lot of projects have been using the ethereum blockchain of recent and this will be a boost to the ethereum value. Though the price is down now, but I think it will pick up because alot of Altcoins rely on it for their value to rise.
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The innovative idea of eliminating highly toxic waste from petroleum products while getting out other useful products is what makes Papusha a unique project.
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Papusha is the first global technology on the blockchain to produce other forms of fuel from petroleum finery waste products. This is a great idea that will transform the global economy.
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