What's going to happen if CZ and binance start getting rid of some projects on Coinmarketcap? Especially those with bad volume and Liquidity and also dead projects, because many are on coinmarketcap, what do you think this will do for crypto space? Will it have any impact or not?
It is possible that this will be done to clear tokens that do not have transaction volumes to create an actual market cap value. The circulation of many tokens with a large amount of supply makes the market value of the cryptocurrency market cap biased. right, like natural selection, where if a token has no volume so there is no trade in it, it will be deleted or delisted. and of course they are not profitable for the exchange itself, because there is no sustainable income for the exchange, because there is no trade |
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I think that crypto projects need to buy advertisement on Youtube and other social media. Nowadays only scam projects buy advert, but good projects don`t do it, I don`t know why they act such way, because bounty is really not enough
So you say projects need to buy yt ads but at the same time say that only scam projects do it. Make up your mind! There are no better or worse ways of legit advertising. There can be only scam advertising like paying youtubers to lie about you. Bounties are not a bad way to gain visibility especially through translations. right, all the way there are certainly risks. but indeed as a community we can use it to promote a project. and actually this is as effective as 2017, where many projects have had success. therefore the situation also supports the success of a project |
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The next block reward halving for Bitcoin is less than two months away. But still, we don't have a major spike in anticipation of this event. I would blame the COVID 19 outbreak for this. The economy is in ICU, and the impact is being felt at the cryptocurrency market as well. And my outlook for cryptocurrencies is quite bleak, at least for the next two to three months. We may witness a major drop following the block reward halving.
I think the market will drop further in the near future because now the market is heavily influenced by covid-19 and certainly investors will not remain calm when holding. Personally, I've sold more than half of my assets on fiat and will continue to sit still until the downtrend ends. Of course, you have the right to decide on your investment but the crypto market this year will be very unpredictable. as long as there are no bright spots about co-19, I think there are still many investors who wait and see to see the situation. not only crypto experienced this bleak period, but all economic sectors were affected by this outbreak. the path you took is correct, just waiting for the price to be at the bottom to buy back |
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Surprise! Surprise!!
You have predicted this years ago and now it has turned into true? Yes, true that Binance is trying to acquire as much space as possible in crypto space and they already have that position. It has both advantages and disadvantage. Bad side has been mentioned by you while CMC will have a better look with Binance is an advantage for us.
as long as service to customers is maintained or even improved, it is not difficult for binance to achieve the highest position in the crypto world. this is good, to turn off exchange that is less credible, so that as bitcoiners we feel safer due to fraud |
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By Easter, nothing will be open, everything by and large is just beginning, and most likely, everything will have to sit at home, in April and May, and this is in the best case, otherwise there will be a high probability of getting another wave of infections.
right, we must decide the development of the virus by sitting at home. so that we can immediately move quietly. we know this virus is very contagious, and this is a world war, with the same enemy, and therefore needed cooperation to help each other help |
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Op, you have already given the answer - the market is rebounding partly because of the external stimulus injected by the government. Government is providing additional liquidity to the market as well as to the companies. That's why we see this kind of rebounding.
Also, there is something called "fair value" in stock market. We know a lot of companies had to stop production because of this pandemic so their stocks are trading below their "fair valuation".
But we all know that the situation is temporary and these companies will start operating as soon as this is gone. So people with money, are buying stocks of such companies while they are cheap. Such kind of buying is also another reason why the market is rebounding.
This can be the reason for the increase in price. The stimulus will help certain families enough that they can have excess to invest in bitcoin and other coins. We can expect more investment as more countries too do their stimulus support. It is a time for hodl more coins. hopefully many countries will begin to understand the use of cryptocurrency. after this epidemic ends hopefully the authorities believe that the use of digital currencies is safer for health, so that the spread of the virus can be used as it is today. and we as bitcoiners will benefit more, because we are starting to invest now |
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Since bounty managers receive payment in ETH or BTC or USDT, I think most of them will not care whether it is a real project or not.
Doing research before joining a bounty campaign is necessary, it help us reduce the ratio of participating a shit project. When not all of bounty managers have good research skills, and free time to do that, we can't blame all bounty problems on bounty managers.
Last season was like that. even some bounty managers get a lot of projects. because they think the most important thing is getting money. but now I think everything is better. I'm sure some bounty managers are thinking about the projects they are going to handle. They were thinking if with the quantity of the project and they can get a lot of money while at the same increase their reputation. The project will matter a lot when it comes to the quality of the project and it's not about the quantity of the project. It looks like that more managers have been putting strict rules before thei can start to run a new campaign again. the managers are also careful in choosing projects, so that their good name will be maintained, and there are always many interested people. therefore it is natural that the rules set are more specific, so that bounty hunters also work seriously, to jointly develop projects |
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Definitely, scam exchanges like Vandax, Idax, P2b2P2b2 with a host of other fake projects will gen kicked out and this will mark the beginning of an accurate statistics. You must submit accurate data henceforth.
I was confused when some exchanges with unclear volumes could be registered at CMC. of course, it makes a question as to the quality of CMC itself where the brand will publish any exchanges that can pay them even if they are new or even a scam. I hope what you say is the truth. it's hard for that, so we can see in Coinmarketcap there are thousands of registered altcoins. for now I think for projects that are willing to pay, it will be listed, but we can see that not many altcoins have good progress, and eventually disappear by themselves |
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This almost caught me as I was trying to understand the concept of the Token and it's market until I
Suddenly realize the market cap is unrealistic and having a zero position. Another new month is before us.
Basically it is like that, understanding a concept is clearly not easy, and the market is not always realistic because market conditions are always changing at all times, this is what makes us a little difficult to understand. maybe they are analyzing that this token is currently experiencing an upward trend due to corona impact, so many people predict that during this outbreak, many consumers will need it, so that it can encourage the development of the token |
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Although have halving time I think this year look bad with bitcoin keep going down and never wake up to higher price, maybe we need moment several months later to know how effective for bitcoin back to higher price with halving time, does have effect for bitcoin back to higher price and take much profit again with bitcoin and altcoin.
the main thing is do not panic, and remain optimistic to hold the coins we have. panic will actually break our concentration to adhere to our strategy in the beginning. indeed this time is a difficult time, and it seems still hard to see bitcoin soaring again |
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I think $350,000 look little reward for bounty campaign with all allocation for signature campaign, social media campaign and youtube or blog campaign. But when checking with price after listing down we miss out and never get much profit with bounty campaign project.
right, a small allocation and added after entering the price exchange becomes a drop becomes one of anxiety for the bounty hunters, for now the bounty hunters seem to decrease in number, because rewards are less satisfactory. but for me to keep going instead of not earning an income |
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We can't trust with bigger exchange market because some time many exchange delist coin from their exchange without get confirmation before, but when have any exchange want to listed some coin have pay with higher amount. But when exchange want listed coin always give good news and now get bad news with delist.
tokens that are not developed and cannot compete and are not profitable, of course will delist from large exchanges, and it happens a lot, many tokens that enter the large exchange only want to get the attention of investors, so they get a big profit, but the development of projects such as ignored |
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Being an Indian, I would say that the Indian government doesn't hold any blind hatred towards cryptocurrencies. India is a country with a huge grey/black economy, and therefore the government is concerned about the usage of cryptocurrencies for purposes such as tax evasion and crime. And I have to say that their concerns are very logical. In the recent months, we have seen some of the hostile policies towards cryptocurrencies being removed. And that makes me optimistic about the future.
You actually called the right moments because of which governments are negatively acting on cryptocurrencies. As always, criminals and scammers cast a huge shadow over the entire cryptocurrency market and everything connected with it, but nevertheless, the use of cryptocurrency for criminal purposes and tax evasion should not be a reason for banning cryptocurrency in general. It is better that the government of India legalizes cryptocurrency and legally monitors the activities of citizens in the cryptocurrency market. I believe that in this way the negative impact on cryptocurrency in your country will decrease. Of course, for this it will be necessary to identify each user, i.e. provide kyc and pay taxes, but it seems to me that if you lose anonymity, you will have stability and security. But this all is not easy they need some good time for this all because right now they are facing some serious problems in many sectors few years back they was really model for many emerging countries but suddenly its all burnt but good thing they can handle things but need transparency and some stick policies if they able to do this then surely they could be role modle and one of most progressive countries in crypto world. right, the development of India seems to make India as a country to be reckoned with by the world, especially since India has a large population, so that if it can use it like China, then India will become a developed country, especially in the field of technology, where they succeeded in space |
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Is Russia and Saudis affected by this? Sure they are, however they are not idiots neither, while we were buying oil from them and they were getting richer, they invested all of their money into global companies in every nation, if one day all oil ends in Saudi Arabia and they do not make any profits from it, they will still have billions of dollars invested spread around the world. Invest their money in...wait...what money? Russia gets money from oil and gas, without that, its economy is almost dead. Look at the previous oil crisis - oil goes to 30 from 70, the URSS collapses - oil drops to 20, the first Russian default happens They don't have anything but a reserve fund that would not be able to cover the impact from this, remember we're talking about a country which calls itself a global superpower, with huge natural resources and a GDP per capita that matches Romania or Malaysia... Yes, they are idiots, they sell oil and import refined petroleum products, they even import mining machines and even the equipment for oil exploration. Behind their entire propaganda, it's one of the most fragile economy in the world. Hello my friend. I apologize for the interference, but you were a little mistaken and expressed your opinion not on my comment, but on the comment of the person whom I addressed. In essence, I have almost the same opinion as you regarding sources of replenishment of the state budget of the Russian Federation. I see that the situation is getting worse all over the world, and for some countries this drop in oil prices will be catastrophic. moreover, the consequences of the coronavirus pandemic on the economies of many countries will be even more severe. The current pandemic seems to have caused the entire country to suffer economic setbacks. with the nature of the virus that is easily spread and has caused many victims, plus no one knows when this outbreak will end. that is what causes negative thoughts in everyone and chooses to save themselves |
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You can now begin to think they are running the world already, they know how to do it, they know when to do it and they know to take advantage of it. Of course they are prepared for it, they could have been planing it for decades just when they learned they can cripple economies by flooding the market with their cheap products. They are also buying the stocks in US, literally they own big companies in US.
they seemed to rule the world, and as if all countries became dependent because of it, nobody knew about this plague, and of course negative accusations could not be proven, but they were swiftly faced with outbreaks in their countries, and finally the city that became the first pandemic could be reopened |
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You can earn by joining the bounty campaign, but usually it's a long term project so you need to be patient in waiting your reward.
For some members like me, we are earning in signature campaign on a weekly basis and it really help us in this kind of situation that business are close and we have no job, so maybe at the right time when you rank up, you can still join in this kind of campaign.
I don't want to limit in this forum alone, so try to be more resourceful, who knows there are other ways to earn crypto outside the forum.
indeed the conditions are difficult for now, as if the bounty prize cannot be expected. but if we are familiar with trading, it might be able to help earn income every day. although it is not easy to do, but everyone certainly has their respective talents |
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As for the bounty campaigns that makes us earn, i only participated in a single bounty camaign now since i am joining a lot of bounty projects for the couple of years and ended up not earning on several of them, nd also i only earn few on those successful projects. Now i only join single bounty and only with signature campaign.
Honestly I'm a little bit disappointed with the result of my bounty this year but doesn't mean I stop participating in bounty because I know once the crisis we experience right now end, surely bounty reward will be good again and participating to it won't give us a disappointment when the good situation happen again. indeed, this year I have not received a prize from the bounty, because there have not been distributed and some that cannot be withdrawn, namely bcnex. I have tried it for 3 months but it didn't work, so as if I no longer expect it, especially with the corona outbreak, it might make things worse later on. |
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The current market does not encourage people to invest and it is likely that the risk will be much higher than normal so think carefully before making a decision. Covid-19 has been continuously increasing recently and there has been no sign of reduction, so this situation will certainly last for some time longer. I am sure the economy will also be greatly affected and the crypto market will be a very risky place if you choose to invest
they prefer to hold their money than use it to buy cryptocurrency or other portofolio which is in uncertain condition now. many human and economic activity now lockdown in many countries and ofcourse it will influenced to their earning. only rich man or people that have much saving in their bank account courage to take this opportunity. especially with the current lockdown, of course they are preparing fiat money to meet their needs every day during lockdown. Moreover, we know that in some countries the lockdown is extended, certainly making the economy more difficult. therefore hopefully this outbreak will pass soon, and the market will return to normal |
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Stimulus incoming and for sure if not many but some of the receivers are thinking to invest in bitcoin upon receiving the money. I'll expect that most of the bitcoin holders here, us, expects to see the rapid growth for bitcoin.
HODL!
many expect bitcoin to surge soon. but I guess we have to be patient first. many people are frustrated with the current condition, even many are reportedly losing big. but we must still use our common sense to be strong waiting until the bullish season comes |
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Lucky are the Indians they are only locked for 21 days. We're up for 3 months maybe extended to another 6 months. Only the Chinese are having a feast.
It is very frightening to watch how the coronavirus destroys the ties that have been created for decades between States. And now all these time frames for the period of quarantine are only preliminary. I am sure that they will be reviewed and a longer period of quarantine will be established. For sure, the lock down still depends on the situation, of the virus are not yet contained, the lock down will continue. In our country, the lockdown is one month and will end by next month, but I am not expecting it will soon, I expected it will continue since the number of cases are still increasing. of course with the lockdown makes the economy of a region disrupted. but there is no other more effective way, so that it can cut off the spread of the virus. except maybe South Korea which is already considered a success without lockdowns, but unfortunately not all countries can do it |
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