absolutely right, at least there is an explanation from a manager, instead of being busy with other matters and ignoring responsibility here ... I hope erickvand can be labeled as an irresponsible manager ...
O.K SOME GOOD NEWS, I finally got a message from ERICKVAND: He will confirm with us on 21st of August what is happening, so we have hope and at least now we have a reply from the Bounty Manager.
Some project lasts for 12 weeks or more only to scam participants, some ended up paying users tokens that worth only $5 for 12 weeks of tasks.
If this continues the cryptocoin economics will enter a state of pure distrust and dead interest.
There shall be a standing order of negative trust risk to both the signature managers especially if the bounty did not pay ( disclaimer is useless here) because they always receive there payment in btc and careless about the bounty hunters.
They will buy another account and scam us but that will not last too long till we are able to find a lasting solution.
Not happy about Bidium, the telegram bot delete and block users at will.Yeap I wasted weeks doing this campaign and am fed up with these scammers. Now even ERICKVAND has put them on scam status. I think form now on they should issue a smart contract and pay us in ETH from monies raised then we can buy their tokens. |
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Some altcoins will get better in price but many will just die away. Those that really have a proper service or product over time might get back to previous All-time Highs. I can't see it happening this year. Yeah some coins get pumped then dumped but you need to be a day trader to benefit and probably in some of those telegram signal groups and stuff and hope you catch the odd pump and make a bit of profit, otherwise we need to wait a long time before we see any real improvement in the crypto markets. Unless we see new big-money coming in, it's the same people just going from coin to coin pumping and dumping to earn their daily profits right now.
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We are still bleeding really heavily right now and the market is not showing any signs of getting better. Also if the CBOE ETF gets declined, we will see a massive fall for Bitcoin and Ethereum. Ethereum is really going down big time right now as all the ICOS are just dumping their stashes, but I sincerely hope things get better in the future. I don't see much happening though before 2019. Every month since February this year we have been promised a bull run and we had a big phat 0 and all the profits of 2017 and even 2016 have just been wiped clean by the day traders and profit takers. Holders have really suffered.
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I never realized how humongous this project is and wish I had known about it earlier, but it's not too late to get in and now they are giving also a 25% bonus right now in this round of the ICO. I am thinking to try to invest here and also make a blog review today and also a video when I get time to get more people interested. They raised over 40 million dollars so far and that is outstanding, considering this horrible bear market we are in at the moment, which is crippling our portfolios right now. This might be a breath of fresh air and actually being such a Fintech ecosystem all rolled in one, merging traditional finance with crypto, could be a spot on project that we really need right now.
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There are so many scammers now that abound in this crypto economy and they prey on those who are most desperate to make a bit of money by stealing their ETH and other tokens from their wallets, in exchange for offering so-called dodgy airdrops. Yes, there are a few good airdrops from good projects that offer also bounty campaigns etc and want to distribute to a wider audience their coin or token, but generally I don't really believe in a lot of these telegram bot airdrops and also twitter ones. I would double check before joining any airdrop and anyone asking for your private keys is a thief.
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Some of these oversubscribed projects may be good, but also a lot of them are hyped up by Youtube Influencers who get peeps to buy in the ICO then once on the exchanges, they mass dump them to unsuspecting investors and traders. look what happened with Quarkchain, that was a walking disaster waiting to happen. So unless I study hard about a project myself and really see its intrinsic value, I never now fall for FOMO and hype and prefer to just quietly go about my own research on the product or service being offered by a crypto or blockchain project. It's much better to do everything yourself and take any hype or ads with a pinch of salt.
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Despite the nasty bear market conditions the fact that this project has already raised over 40 million dollars to date is a humongous achievement nowadays in the world of ICO and it seems to be drumming up a huge community behind it as well. I was delighted to see so many members in the telegram group and I am thinking of writing a review on it at some point later in the day. We need a lot more successful projects like INGOT to invade the blockchain space so we get a better name and reputation out there in the wider community in order to facilitate mass adoption. The services INGOT COIN will be providing are paramount to the expansion of this space further afield. I am thinking to invest a bit here soon.
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It all depends on the type of project and coin/token. Yes, the older ones might carry a little less risk if they are projects that have huge teams and big communities and have established themselves, but on the other hand, as this is a fast-paced technological industry, you get some new gems that come along and are great opportunities to invest in as well. I have seen both older and newer projects fail and equally, I have seen old and new projects do really well, so it's really the luck of the draw, to be honest. I am no real expert but I do try to do my due diligence on stuff before I invest my very hard earned money. I think everyone must do their own due diligence first before ever investing in emerging tech and high-risk investment products.
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I am really excited about this project, especially because it is focusing also on emerging economies, bringing in many people who before may have had no access to traditional financial products and services. I decided to make a video today and can't wait to try out the exchange once I can trade on it because having 12 million transactions per second is ruddy awesome, even beats Binance lol. Helping not only Africa, but the rest of the world come forth in this 4th technological revolution. Here is my little video: https://www.youtube.com/watch?v=daXpb39i2ZY&feature=youtu.be&hd=1 I hope you enjoy it. |
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Despite the ETF denials, which I expected and also the China FUD we had yesterday, the market didn't crash I had expected it to, which means Bitcoin might be gathering strong support at the 6.3k USD or 6.4k USD level. Maybe this is the springboard for which we will build a strong foundation for the near future for more good news to come into effect. More custodial enterprises, good legislation in forward-thinking prices, pressure on exchanges to stop further manipulation and of course more mass adoption and groundbreaking tech. I think we might be going sideways for a bit but for a bull run, more needs to be put in place first.
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I doubt any ETFs will be approved next year, we just don't have enough regulations in place against the manipulation and inside trading and cartel shit going on with the market. It's way too volatile right now. Although an ETF would do it a lot of good if the more institutional money came in to balance out all the rogue speculation going on. More institutional money comes in, more demand for fair trading and regulations would be put in place. Let's see what happens with the CBOE on the 30th of September but really to be quite honest I am not holding my breath this year on that one either. I think we won't see a bull run till later next year or 2020.
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Despite most projects have gone down between 95% and 80% in this last long bear market crash cycle, I am still very bullish about crypto in general and I think that the next boom will be much bigger than the last one. So collect as much good quality tokens and coins as you can now while we have these rock bottom prices. Even if it takes a year or two, to hit the next bull run, just try to hoard what you can now, together with a bit of day trading and taking a few profits, then I think we will all be golden. I missed out on last bull run because I never sold anything at ATH, but now I will be ready for the next one hopefully.
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It's so cool that you are doing an airdrop. Can I sign up to the Exchange now or I need to wait for further instructions? Also, where do we go to fill out any airdrop forms etc? I would love to join in as I love to collect very quality project tokens. This is one of them and as I am in Europe I hope one day I can visit you guys in Switzerland later on when the markets pick up and I can galivant and meet my blockchain buddies.  I don't have too much housework on today so I will pop into the Telegram as well later to find out your most recent news as well. Thanks for always keeping us well informed here too. I am trying to day trade a bit right now so I can make some money to try to invest here as well. |
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I think it will be declined as usual and IF this ETF were approved it wouldn't benefit us hodlers in the long run as it will be determined and governed by Bitcoin futures, which have been one of the primary reasons the price of Bitcoin and all Altcoins got rekt in 2018. I am sure we will see a lot of tethering again tomorrow and Bitcoin bleed again by some 10% because as we all know the market doesn't behave rationally at all. So many other good things happening in the crypto space right now have no effect on the prices, only FUD and bad news move the market in a bear cycle.
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We are in the right place at the right time. Switzerland now is becoming a leading blockchain development country and many crypto projects are heading there because of the extremely favorable regulations towards cryptocurrency in general. Also the fact that the focus is on the growing demand for green and clean energy, we might be on to a winner right here. We really need to see some good projects like this flourish in the crypto niche right now as there are a plethora of projects that just don't cut it in my books. This one though has a fresh appeal to me and it's on my watch list.
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