Latest posts of: forexandcryptoauditor

#PROOF OF REGISTRATION
Bitcointalk Username: forexandcryptoauditor
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2438580
Telegram Username: @forexauditor
Participated Campaigns: Twitter, Facebook, Reddit, LinkedIn, article, YouTube video
ETH Wallet Address: 0x62C8Aa8b705c9e6692fE4887AC87578dBbf42C59

High rewards are becoming rare now. Many campaigns are now coming with fixed allocations. Also for other campaigns, now a days 100s of participants are joining. This is resulting in more stakes and less rewards.
Having said so, we can only identify if any reward was highly paid only when the price of token increases to a good value.

Hacken is good project. Team should learn from this experience and plan future strategy accordingly.
I think they will have more rounds of ieo and also might think about other good exchange for fund raising through IEO.
Hope investors will not loose confidence with first round.

Many projects has entered in blockchchain arena with gaming industry in mind. BlockBurn, cartesi's creepts, IOI, GAIMIN, COBA are recent and most interesting examples. These provides us opportunity not only to play but also to earn their tokens while playing.
New future we will see entire gaming industry on blockchchain platform for sure.

We should always be careful investing in new projects. Current pandemic situation has added fuel to scam industry. Using the the current situation, scammers are targetting investors which are new in this industry. Covid-19 has also increased awareness in cryptocurrencies more than before.
This is the time, we should be very strict selecting any project for investment.

Yes. This could be the reason behind growth of fraud ICOs, but not primary. Nowadays it's very easy to acquire such cheap services from freelancers and the desired design with all essentials for ponzy ICOs. It's really good that the days are now gone for ICOs and for IEOs two parties should get involved to scam which are projects and exchanges. People are now very much aware of such scams and this is reducing to some extent.

This is always good to escrow bounty rewards, not only for bounty managers but also bounty hunters for that projects. This will increase confidence among bounty hunters and they will be sure about getting paid.
But here this is, what if any project fails to raise enough funds and then decided to close the business? There will not be any use of this reward. One alternative could be the escrow the payment in ETH or BTC which seems very rare at this moment with such market conditions.

absolutely! For the last 6-7 months, I am part of this group and must say that projects seem legit which are managed by them. I have seen that it has grown up in a very short period of time and also community managers(admins) are very much supportive in terms of quick replies and resolution of complaints.
Another reason behind the popularity of this group is that they are also providing lots of airdrop campaigns for other projects.
Hope in future also they will manage good projects.

Since from initial days, I am using conmarketcap for information on cryptocurrencies. he user interface of conmarketcap looks good and easier for me than coingecko. Both sites look identical to me regarding the purpose of giving information on cryptocurrencies. But seems both have different criterias to calculate the rankings of altcoins and exchanges. But who knows these criteria and backend data? I heard that Binance will be taking over coinmarketcap. It will be more trustworthy then.

I have seen that there are no regulations in Telegram for creating accounts. I have seen groups with more than 50K members and most of the members are "Deleted Account". It's possible for channel admins to keep their identity hidden and manage the show. Once its over, ready for second one. There should be some unique identity through which accounts can only be created once.

Quote from: schuriken on March 24, 2020, 04:18:44 PM

UPDATE2:

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this week i join alot of airdrops . they were all telegram bots . and most(like 99% of them) of them ask for transaction fee as eth at the end of airdrop.
let me tell you what i think and who is going to win this game!!!!
those amount of eth is no money for anyone . but if i send that eth to that address thats 1 person.and now IF the airdrop wasnt scam i will get my tokens.and can i sell those tokens for good money???!?! no one knows !!!they will add token in exchanges and make a BIG GOOD NEWS about it in telegram channel!
now there is 2 possibilitys .1)u can sell them with moving them to exchange (also pay fee). 2)u must wait until the right time
about part 2.you just spend eth to get that air drop token witch means u lost small of your asset(eth).now think that it is not just you, there are more than 1000 people spending eth .WHATS HAPPEND?alot of people lost eth to 1 person(company).low amount+low amount+...=ALL FOR COMPANY!!!!

Projects which ask transaction fee to distribute airdrops are not legit. Airdrops are to attract new investors and thus investment. If they need transaction fees just to distribute rewards, it means their strategy is not good towards token metrics and fundraising. Such projects can fail in a short duration.

For both, airdrop and bounty, there is no fast way to earn. You have to be patient. Airdrops require small tasks and rewards also small. Bounties, you can earn much more than airdrops but you have to do weekly tasks including article writing and video creation for even more rewards.
Both airdrop and bounties now a day taking longer to get rewards distributed. And also projects turning out to be scam leading efforts and time in waste.

Most of the time we see in the general rules section that it's written in the end, " Team has rights to change the rules at any point in time". I think it covers everything. However, we can get it confirmed in main official telegram group about it. Having said so, this is really not good to change the rules once funds are raised or bounty is finished. I think such amendments should be announced earlier and not in the end.

The first thing which I can say the root of any project is its product. How much demanding it is in the market? Ten if the project has raised enough funds, has the development completed or on track? And then on which exchanges the coin is listed? All these matters a lot. Not developed projects which do not have transparency towards its community or projects listing on not so good exchanges showing fake volumes and trades will bring down the price of altcoin eventually.

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