Latest posts of: iconoclast

Quote from: ghermghuda on September 19, 2018, 03:49:07 PM

It seems human nature has been one of the most complex things to study. Dating back to the B.C era, it seems whenever there was no law, regulation or control, humanity got lost.

Cryptocurrency and blockchain were invented for a good cause but it seems some bad nuts amongst us killed the dream. What do we see now, manipulation upon manipulation, scam, fraud and a whole lot of bad things. People are therefore loosing trust and leaving, and that's probably because no one regulates and so you can do whatever you want.

So my question is, should crypto get regulated would things get better? and also do we actually need to decentralize power and give ourselves the control?

I would say no, I firmly believe that every problem has a solution and every solution has the possibilty to become a business. We are now seeing the emergence of solutions to the fraud issues with the establishment of projects designed to provide investors with objective investment research. We are also seeing the exchanges themselves seeing the possiblity to run the ICO's themselves which also means that there will be a professional due diligence process involved. We are in the early days but I am optomistic that trusted players will be able to create lucrative businesses by providing the due diligence that some investors seem incapable of doing themselves.

Quote from: Ahmodinho on September 19, 2018, 01:51:05 AM

Hi guys. I joined cryptocurreny trading recently a couple of months back invested in BTC. Since then I have been trading altcoins between prices across exchanges but the problem is the market is very volatile and it has eaten much of my profits. If I buy a dip I realized there is something dipper. A friend of mine adviced I should buy some altcoins i trust their use case and keep for long term.

My major problem is identifying such altcoins with potential. Can you guys help with what to look for to determine an altcoin with potential or you can Name some .. I ll be very glad.

One coin that I am super stoked about is DarkPayCoin. It is a privacy MN/PoS coin with a really good community of developers behind it. IMHO it has the potential to become a Top 100 Coin on Coinmarketcap. You can check out the website here https://darkpaycoin.io/ or the Announcement thread here https://bitcointalk.org/index.php?topic=4971135.0

Quote from: olacubic32 on June 16, 2018, 01:21:06 AM

I feel keeping our coins in exchanges, mininize the risk of loosing our coins to wallet hackers.

The exchange is more likely to be hacked than a wallet if you are talking about centralised exchanges. If your wallet gets hacked it is probably because you did something wrong. Exchanges get hacked all the time and it is completely beyond your control. Another reason not to keep your coins on a centralised exchange is that the exchange will lend your coins to people who want to short the coin you are investing in.

Quote from: KS03 on September 07, 2018, 01:34:17 AM

It occurred to me today that with the market in this fragile state bounty hunters could end up ruining bounties and having this opportunity closed off to them in the future if the dumping continues as soon as the tokens are released and an exchange begins trading. The coins just cannot handle the dump at this time with the market so low and everyone so timid. The projects will find a different means of promotion as paying us in their tokens will no longer be an option as it would harm the project to much.

Thoughts?

Stop blaming Bounty Hunters for coin dumps. The people who are dumping are those that bought in the private and presales because of the massive discounts. If you don't want to see your coin get dumped don't offer 30% to 80% discounts without adding a hold period. Bounties rarely exceed 3% of the coins sold and are mostly around 1%. That is not enough to drop the price. There is also nothing stopping companies from paying the bounties in Ethereum or some other coin rather than the tokens of the project.

Week 11 (16/08 - 22/09)
Twitter campaign
Twitter URL: https://twitter.com/CMRoxburgh
Like & Retweet:
1- (21/09): https://twitter.com/swipecrypto/status/1042994682295246848

I would add DarkPayCoin to that list. They are a rapidly developing MN/PoS coin that has an a great community behind it. All development proposals are handled democratically using a voting system. This is the kind of bottom up approach that builds really strong communities. Check them out on their Discord channel. https://discord.gg/XAPNYkZ

Quote from: thinkright on September 20, 2018, 10:00:29 AM

It's quite unfortunate how some bounty hunters have been actively cheating in campaigns. There have been instances where people create several btt accounts just to participate in bounty programs. And I think it has played a role in the recent demote of Jnr members to newbie and spamming in the forum. This also makes the work of bounty managers stressful and also other participants gets affected due to delay in bounty payment.
when this attitude continues, there will come a time where there won't be accomadation for most bounty hunters on btt.
It's about time we work honestly and be ethical when it Comes to bounty hunting
Peace

The people who are creating multiple accounts and using bots to sign up to bounty campaigns are not bounty hunters but simply scammers. If they were not trying to scam bounties they would be doing some other scam. It is stupid to ask the 99% of us who work honestly to work honestly since we already are. People who manage bounties need to change their systems so that multiple sign ups by scam artists become impossible. There is very little that we honest bounty hunters can do when bounty managers make it easy for the scam artists.

You can trade it if you like but long term XRP has no future. The Banks are never going to adopt a payment system that they don't own and control. I have every belief that banks in the future will use a blockchain to transfer money but it will be something like SWIFT where the banks own the system. Even from simply a security stand point the banks would only use something that even if it got hacked would not benefit the hacker because the tokens are only traded on a closed system that only authorised financial institutions can access.

It is the investors who buy in private and presales who are responsible for most of the dumping. It is not unusual to see discounts of 30 to 70% being offered to private sale and presale investors over the price offered in the ICO with no additional hold period being attached. A lot of ignorant fools blame post ICO price drops on those doing the bounties even though it is rare to see the bounty token allocation exceeding 3% of the tokens sold. There is a very simple remedy to the supposed dumping by bounty hunters and that is to pay out the bounty in Ethereum or some other cryptocurrency other than the tokens of the ICO.

Quote from: Vjatri on June 08, 2018, 05:01:15 PM

There are many popular sites are available like Bountyhive,Bountylord that gives the ICOs announcement their duration time etc.
I want to know that how you select an ICOs to either participate in it as invester or a bounty campaigner.

Those sites are OK if you don't know how to pick bounties on your own or are just lazy about doing the research. My experience is that they tend to pay very little due to the very high number of participants their bounties attract. If you have the skills to do your own due diligence then you can make a lot more by selecting the best bounties by yourself.

What exactly do you mean by undervalued? Do you mean that it is a project with great potential that is executing their plan or are you using the less subjective definition of a coin trading for less than the book value of its assets? If you are talking about the ones trading below book value here is a list that might help. https://diar.co/ico-treasury-balances/