How do panic selling affects the market and why does it affects the coins value?
Lol, and how do you think it does? People are trying to sell their coins for any price, just as fast as they can to save their money and not to lose everything. Price dumps dramatically, cause the demand is much higher then supply. Buy orders are being closed fast and even those ones that are much lower then actual coin price.
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What i know, KYC means Know Your Customer ! Bounty hunters are there to Support ICO Project to spread the word about the project .. BUT as soon as the Project manager mention KYC then many Hunter run away ! Why? Is it because people don't want review their identity for security reason or people are joining campaign with bot software ..
Both reasons here definitely But most of the people really don't like the idea of granting their personal data to some suspicious shill projects... Seriously. Why should they do this if they are not investors?
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old coins: coins that went through the bull run new coins: are ICO tokens from projects during the bear market,mostly not listed on exchanges.
It is obvious that all the aspect of the space had struggled due the giant force of bitcoin. Over the past year the average dump in price of most of the old token/altcoin from the last bull run is close to 90% while the new coin are holding to their price. Most ICOs in the later part of 2018 decided to postpone the listing which their decision could be justified or condemned as the market revives. With the approaching news of bull run and present the value of altcoins, 1. can the altcoins ever hit the ATH price even at $20000 bitcoin? 2. Can the new coin from ICO be an alternative even with so much old coin held in some portfolios? 3. will you choose to hold on to old coins or sell to invest into new ICOs?
You should analyse each project independently, is it old or new. Some old altcoins have a huge potential because they survived this dump and have a very strong and motivated team. Some old projects have strong partnerships also. New coins have their initial potential - they probably will be pumped at least for one time or maybe more even without any significant news or development.
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If the team did a bounty campaign already for weeks and postponed the ICO after they see the bear market hasn't yet ended, do you think they are best to wait for the market to get better or just continue the ICO?
If they already have a working product, why not jsut continue the ICO after all, they just need few funds. By the way Lyfe Project collected overwhelming funds in this bear market.
Here are list of projects that did it;
blackbox WeiDEX BXBET
I think they also claimed they do have a working product.
Trying to collect funds during this bear frenzy is like swimming against the stream. It's possible, but hard as hell. And there is no need to compare the results of ICOs from this period and the ones held in 2017... Teams understand the difference clearly I bet
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I have recently seen where bounty hunters were asked to present identifying documents. Am really against kyc because one of the reasons I joined crypto was the anonymity which it provides. But sadly that's gently creeping away.
Now this KYC has come into airdrops. Imagine am to submit my ID to some I don't know which planet he or she or they are from for some pennies worth tokens.
It's terrible and this is a bad precedence these people are setting.
If as a community we do not say no to this, then it would become the norm.
I think it's not ICO teams idea to force people that want to get airdrops to pass KYC procedure... They are not interested in this at all, these rules restrict their target audience and airdrops are usually made to broaden it.
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Hope 2019 will be a year of a new big rally. Like the one we saw in 2017. This bear frenzy can't last too long - half of a year more maximum in my opinion. Crypto development doesn't stop now despite of investors' mood, the news are also great, so it's just a matter of time when the whales decide that it is enough and begin another bull run.
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I'm here today to drop my own point about how KYC should be use - KYC requirement for bounties and airdrops is so unreasonable ,KYC implementation is no doubt a good idea but it should be forced only on big investors that wants to buy large amount of a token either From Exchanges - there should be limit for KYC requirements e.g like if an investor wants to buy 10,000$ worths of tokens upward then he or she must go through KYC ,just saying
Agree with you bro, but don't think we can affect this process somehow Crypto anonymity has became a myth now, hope this won't go too far and we won't be forced to send stool samples to get airdrops in a couple of years
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What happens to unshared bounty tokens? That depends on the rules. Every bounty manager has his own rules and deals with ICO teams. Usually token pool is distributed completely according to the number of stakes. There could be another rule - if we don't have stakes system, tokens can be paid directly, for completed tasks. In this case either this bounty lasts until the pool ends or undistributed tokens are taken by the manager or by the ICO team.
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It is really hard to detect scammed bounty campaign. After completing all the requirements to be able to get accepted in a bounty campaign, spending much time to participate in forums and not to mention carrying their banners, completing all the tasks and reports then all of a sudden you will just find out that you have been scammed already. luckily I am not the only one but to think all participants did the same efforts as well as you did. But it is really happening, lesson learned and could be just charge it to experience and move on. If we could only find out at early stage if we were in to scam or a legit bounty campaign. Who would really know anyway?
That's why you should filter tons of bounty campaigns and take part in dozens of them. Watch some managers, investigate the idea of chosen ICO and its team background. Check the quality of the website and WP, also check what is the stage of the crowdsale and how much they have already collected. You should gain experience and try different projects, then you will be able to choose wisely and take part in less campaigns.
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As long as I live live I will not sell my Alts at a loss. It is a shame that Bitches are selling: These bitches can’t see 2 years from NOW: Booming! I primarily hold Cardano!
Oh, poor holders... That looks really pathetic now, you are trying not to lose hope Many people are selling now because they didn't plan to freeze this money for 2 years, they just need it... to buy food
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I have a cryptocurrency. I kept my money in different currencies. I use coins for payment and I'm not a trader. The situation on the cryptomarket has long been incomprehensible. I'm afraid I'm doing something wrong and I want to ask for advice. Tell me, please, which cryptocurrency is the best for storing money? What is the best coin to choose? What do you think about this?
Nobody will help you to win here, on crypto market. You should learn by yourself, create your own portfolio, get your own experience. Make some tests, analyse your mistakes, and gain knowledge.
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I don't know if I am cursed or something. If I sell a coin now from airdrop/bounty few days later that coins increases much that you will regret selling. If I hold a coin from airdrop/bounty again that coins price decreases much that you will regret not selling right away. I'm confused now whenever I sell the price increases and when I hold the price decreases. Am I cursed? Yeah, I bet, you are But me too, so relax Had a couple of similar cases during the past two years, that's really painful, don't won't to remind this at all. This is a normal situation, you are not alone
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Unity they say make things possible After recent attempts to cheat bounty hunters have failed, projects dev will become scared now to try fraudulent acts
Project such as cyberfm, twogap, Desico, deex have learned that fact Let’s continue this unity, it works
Hm, and how has the situation with deex ended? Heard about it, but didn't watch attentively. Did they pay bounty hunters everything they should and everything was alright?
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I see a lot of people wondering if they should invest in ICO's. I think the best option for any potential investor is to wait until the ICO ends, THEN invest. For instance, Nauticus was an ICO that started back in March. They recently launched their exchange and have been doing pretty good. Prices are only down 30% from the ICO price. That is a GOOD sign, BUT the prices still fell! This was a high quality project that raised $19,000,000. If they're falling a little bit due to the bear market, then you can expect 99% of the other ICO's currently out there to fall as well. It's all going to be dependent on the market, but in terms of risk I think it's better off if you just wait, THEN invest after the product launches. At the end of the day DYOR! It's imperative that you guys understand that we are in a bear market. Even the best projects like Nauticus, Ethereum, Bitcoin, NEO ect are all falling. I would assume that they won't fall forever tho Nauticus Exchange - https://nauticus.exchange/exchange/We must admit that only a few projects now cost more then ICO price after their listings. So, yeah, it's better to secure yourself and not to hurry up with buying anything
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There could be many reasons for such dump after listings: 1) Bad news or dynamics around the project. People are thinking that this looks no good and trying to sell at any cost to save their money. 2) Panic at the crypto market. When everything is falling down, it's impossible for any coin to grow. People are in panic 3) Those categories of people that bought these tokens cheaper then ordinary investors (or got them for bounty/airdrop) are trying to sell them. And they don't care that the price is lower then the one set during the main round of the ICO.
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Bounties are almost dead now, that's true. That's just because of ICO market. It's almost dead too. Moving slowly, and decaying gradually while some teams are still trying to revive it Will there be another rise of bounty campaigns? When people will be able to earn several thousands USD per month easily... Don't really know, hope this time will come again, but I am not sure about this...
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Can you suggest me which one is best Altcoin coin hold for 2018? Best altcoin for 2018 definitely was USDT For 2019 I would suggest to start with BTC and then, after the market turns bullish, convert it to some main alts from coinmarketcap top-50. Create a portfolio.
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Hello friends, I'm Johnny In 6 months I'm graduating from high school with nice marks, excellent feedback from professors and all careers open for me. But you know what? I'm fucking out man. I'm not going to university. I've just invested my whole hard-earned student savings into Turtlecoin at 2 satoshis or roughly $ 0.00008 per turtle. My low-class parents hard worked for a good education for me and I've just spent the whole shit into something called Turtlecoin, ya know what I mean right? The thing is that we've been discussing with my family during the last 3 fucking months about which fucking career to choose in order to make big fucking money when I'm old. Doctor, lawyer, broker, blah blah blah. All them promising careers but with a huge fucking initial cost and no real guarantee that's gonna provide me what I want to be: A FUCKING THUG LIFE MILLIONAIRE. I mean which is the interesting part in being a millionaire after working 40 fucking years with a fucking narrow suit the whole time and obeying orders from superiors the WHOLE FUCKING LIFE? There's no fucking point ya know what I mean--- So I decided to put those roughly $ 50K into the best promising crypto coin that I've found in these 3 months: TURTLE-FUCKING-COIN. No ICO, no premine, NO SHIT MAN! Such a nice community, nice fucking devs and nice fucking whales (hehe, I just found your plan ). I've been watching crypto for a year now and I've been deeply studying all the fucking cryptopatters outthere. Been reading the whole fucking dogecoin bitcointalk thread YA KNOW WHAT I MEAN? It's SO FUCKiNG OVBIOUS that trutlecoin is gonna make a X100-X1000 from here in the next crypto bull run. THERES NO DOUBT. 0. When is it gonna come? 2 years? 3? 5? WHO THE FUCK CARES MAN, I'm just 17. in 5 years I'll just be 22 and with bigger pockets than my fucking penis, which is quite difficult honestly. My parents obviously are so fucking angry right now. In fact, they're kicking my ass from home and from everything after I graduate from high school in 6 months. I understand em' and I accept it. I will start working on mcdonalds & other shit during these hodl years and I'm gonna do a lot of fucking shit till I get my reward. But ya know what? When I'm 22 I will buy a fucking mansion with my turtles, a fucking lambo, a fucking financial freedom, A FUCKING LIFE, while my classmates will end up with a fucking huge student debt and the fucking reality of our system punching their fucking faces. I'M OUT FUCK TAT You can save this message, snapshot it. It's christmas day of the year 2018. Turtles are going to a cold wallet for the next 2-5 years. I'm going to start taking a fucking job in Mcdonalds. And yes, remember that fucking thread and remember my name: I'M JOHNNY MCTURTLE, THE FUCKING LEGENDCool story, bro, very inspiring, lol. Hope your parents have kicked your ass already and will never give you any cash for school breakfast any more See you in a couple of years in my castle, somewhere around Monaco
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Hi, i am wondering if i should buy a little bit of top 20 coins at current prices, 8th dec 2018, or wait until the market gets lower. What do you guys do?
I have bought the current dip, or at least... when market cap was still around 120 billion usd. Following my policy to buy after huge drops only, i planned to buy the next dip if market cap is around 60 billion usd. But should i not buy the current dip twice? Because what if the bakkt launching next month is succesful? What if it gets followed up by the ETF getting approval in the february sec-decision? What if it all comes paired with new developments that occur? Is this a realistic scenario for short-term?
What would you do, if you were following my plan/policy? I don't buy with large amounts so i can take some losses, what do you think is best?
I would advise you to wait. If the bull run begins you will manage to jump in fast and get your profit. But if we continue to fall down (which is more likely I think), you will be frustrated.
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As a background, NEO is a blockchain platform and cryptocurrency supporting a scalable network of decentralized applications. It bears resemblance to Ethereum at its core but has its own unique features. Unlike Ethereum, it integrates other cryptocurrencies into its network, which gives it the potential to become a global digital system in today's smart economy. NEO touts its accessibility as one of the key platform features because common programming languages are accepted on its platform. Link: NEO price prediction: strong growth potential?How do you think about NEO? Neo is a sleeping beast. I think when the market begins to grow rapidly, NEO can burst and fly directly to the moon like it was when they made a rebranding in 2017.
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