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What else but the rewards after. I don't think there is no better answer than this. Even though there is always the possibility that the bounty i've joined maybe a scam project, i couldn't care less. That will be the risk i'm willing to take. I do believe we're all risk takers here. Participating in bounties, whether maybe scam or not, is truly more beneficial than doing nothing at all.
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Who knows? But if it does happens, there will always be the probability that people may start to turn their interests on Altcoins with unique features and more use cases and start increasing on their holdings - giving a much needed push to its value in the end.
Or it can also be with Bitcoin crashing down, most Altcoins may follow suit and fall straight down the bin.
Either way, anything is possible. We just can never tell.
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Unfortunately, this is not so easy to do. Nobody wants to be cheated and get nothing for their time spent. No matter how much we write here about a thorough study of projects, there will still be scammers who try to cheat. And it’s hard to insure against it.
Very much true Sir. No matter how hard we do our own research for projects that may seem legit but in the end we're still not certain. I've happened to have an awful experience with a project handled by a very hardworking set of talented team known in their own fields of expertise. Needless to say, a large number of high ranked members were amongst those that participated. But then again, who would have known that these very team will be the cause of the projects failure. So i guess it's not always the bounty hunters who should be blamed. In general, most bounty hunters do their job well because they've wanted to be payed appropriately. |
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I dont relly belive in ETH and i think that it will by replaced by another technology in the next 2 years.
I disagree with you mate. I have always been a believer of Ethereum's functionality. Given also the fact that this crypto had become the foundation for numerous cryptocurrencies in existence. And with the upcoming Istanbul Hard Fork in which will make certain that the network is cheaper, faster and more scalable, Ethereum is going nowhere else but up and definitely staying. |
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Maybe they just don't want to trust again. Scared to entrust again their hard earned money to professional scammers such as the ICO's own "reliable" team. Needless to say, it was an experience that was very frustrating and not that easy to cope with.
"I've participated in one ICO sometime ago and at the start it looked very promising. The ICO's very own chairman along with the admins were just so overwhelmingly accommodating to every investor and bounty participants as well. Always available in the telegram channel to answer all the inquiries. Nonetheless, when it was time to give back the investors their rewards and benefits, they were all gone. Taking with them all the investors money".
So i guess, for some investors, they just wouldn't want to go through with that same situation again.
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That is without a doubt. Cryptocurrency may still be a new asset class but the fact remains that at some point, it has shown to be a good and profitable investment after all - that is of course despite all the risks and uncertainties. If we do decide to invest in this severely volatile asset, we should always remain focus and patient to achieve our ultimate goal - and that is to gain huge profit.
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I do believe, it is always safe to say that Bitcoin is one cryptocurrency that will always be beneficial to have in our possession irregardless of the market situation. As what i have seen over the past years, people from all walks of life, always tries their hardest just to acquire even a single piece of Bitcoin. People who've already known the severity of what owning a Bitcoin can do to their lives when that right time comes.
In addition, owning also Ethereum can be favorable too. It may not equaled the returns to that of Bitcoin now but who knows - given the potentials it possesses, we might see it spiral upwards eventually.
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Hello, I´m 13 and I´m very interested in Bitcoin, because of this I buy BTC. Actually, I've been studying BTC for over a year to invest. Back to the subject, I buy BTC for 9.200 dollars, and I would like to know if you think it´s a good ideia hold btc until it reaches 20.000. Anyway, for now i´m going to wait btc until it reaches in 20.000 for me to sell. What do you think about my opinion?  You're only 13 and yet you're already doing some investing. Good for you. It is such a delight to know that a 13 year old exhibits an interest in one very complicated investment such as Bitcoin. Looking at the value you've bought your BTC, it will be really wise to hold it for some time because at this moment, Bitcoin's value is just above the $8K mark. So literally you've already lose some. Another thing, why settle for just the $20K mark? If i may suggest, just hold it for about 10 years from now. Who knows, Bitcoin maybe worth way, way more than just $20K by then. |
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I guess no one can really foretell what will happen next in the crypto market. With the current price movements of crypto's in market nowadays, our patience were really being tested totally. But if our goal on our investment is for long term then we should remain focus on the greater rewards to come.
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I think we need to get into the $200 range again to see further growth, a big mental barrier in front of us but as soon as we slice it I think we can still see the price going on like $300-$500 at the end of the year.
What do you guys think?
OP, we're already on the $200+ price range. And mind you, it is strongly clinging there for the past 2 days. Ethereum is one spectacular altcoin. This cryptocurrency is equipped with unimaginable potentials and wide range of use cases. It also possesses a great and committed core developers who keeps on finding ways to develop this crypto for the better. Not to mention the upcoming Istanbul Hard Fork that is awaiting implementation this October 2019. This update will start off Ethereum to be more effective, scalable and faster. I sure wish that Istanbul can lead Ethereum to $300 - $500 price range. |
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By end of 2020, one cryptocurrency expert predicted bitcoin price of $91,000. Another one, an enormous $100,000. Each one has their own impressive predictions based on their own point of views. Though, i believe that nobody can really predict the price of Bitcoin because of its highly volatile nature. But then again, i do have high respect for these high profile individuals [pro-Bitcoiners, or Bitcoin legendary evangelists] because they do know the complexities involve in the world of cryptocurrency. Its simply up to us, if we want to believe and follow their speculations.
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How can you be so naive, OP? I don't think you have the right to call certain people that just because they've invested in Bitcoin. They could have sensed that Bitcoin being a new technology will become big and be worthwhile of their time and money. Every individual has his/her own preferences in life. We just have to respect everybody's judgement.
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I do believe at some point in the future it will be - but certainly not now. There were so many major issues with today's Ethereum that have yet to be solve. Luckily, underway is Ethereum 2.0 or Serenity. Which they say will be the largest and most comprehensive update ever implemented by the Ethereum community. Hopefully this upgrade will influence the mindset of the public on general adoption of this remarkable coin.
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I do agree with you OP. Those days when doing bounty works were just spectacular are too good to be true nowadays. It's already history if i may say. Those were the days. Nowadays doing bounties were a bit risky. We just cannot say if the existing ICO's were truly legit or plain scam. Or will it become successful in the end if handled by a well-known team. Who knows? We're not really in the position to tell. I always remind myself that doing bounties are for additional benefits only. And the equivalent rewards after can either give me huge profits or nothing at all. This is the risk that we all have to face now. But one thing is for sure, i'm not ready to hang up my hat now.
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Luckily for me, i did not encountered any problem with the whole family with regards to my involvement in cryptocurrency. Come to think of it, they were the ones who have persuaded me to go through it. Simply because they've saw how cryptocurrency changed the style of lives of my student nephews who happened to be the first to learn of this forum.
But sometimes whenever i had this thought that some of my hard earned coins turned out to be worthless because the projects didn't do well, i feel very frustrated - that i just would like to quit. But nonetheless i'm still here and being optimistic that in time - things will turn out quite well. For the family.
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In my understanding, investing on IEO's gives the investors a positive viewpoint that the project they're investing in is most likely to become successful thus making their investment a fruitful one. Another thing in IEO, the tokens of the project were already available on the exchange - thus completely eliminating the fear and frustration of the investor brought about by the thought that the investment may not make it or be listed in an exchange.
However, the wisest thing to do before investing be it in ICO or IEO is a thorough diligence so as not to waste our time and hard earned money.
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With so many ICO's lately that looks so good and very promising at the start but in the long run were actually just scam projects, we may really think that ICO's are surely heading to that direction. Surprisingly this maybe the reason why so many would be investors are having second thoughts on investing on ICO. But then again, i opt to believe that it is not. I'm still optimistic that there are still ICO's with good product with an extra talented hardworking team out there. It's just a matter of thorough searching and a little bit of luck.
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