PROOF OF AUTHENTICATION POST CAMPAIGN JOINED; Reddit, Article, and Telegram Profile link of Reddit https://www.reddit.com/user/YendemuAmbroseTelegram username; @originalsankara ERC 20 ; 0xdAbE4AAdfa2D32b5EF35c054ddffa790A9591455 |
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The biggest problem that we have in the cryptocurrency industry is lack of trust. Many people are in here with bad intentions and they take advantage of the vulnerable ones in the industry.So, in the end, the vulnerable crypto population turn to lose interest as their funds are stolen from them.So no one can actually be trusted in crypto so all one need to do is just open his or her eyes when you are doing anything.
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Knowledge is what keeps us the human race going on our daily basis. Without knowledge, we cannot be able to achieve anything special in this world. So in cryptocurrency, If one does not have good knowledge about the industry, he or she is bound to fall and keep making so many mistakes that can cost him or her their entire entry capital. So we need to establish a crypto school to be able to teach people about it.
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Right now things are going so much wayward. Coins that I even believe in so much and holding them keep disappointing me daily.I feel frustrated right now and do not really know which step I should take at this critical moment. I need money badly but none of the coins I have is performing well for me to be able to sell and make some money for what I need it for.
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##PROOF OF AUTHENTICATION##
Bitcointalk Profile Link:https://bitcointalk.org/index.php?action=profile;u=1888047
Campaigns: Blog and Reddit campaigns
Mixin Messenger ID:37208859
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There is actually no device to determine that a particular bounty will be a scam but indeed there are some parameters to always look out for. Even though those parameters are also not a hundred percent assurance but rather they help to minimize the risks of falling for scam projects. The profile of the team behind the project is very important to help detect either the project is authentic or not. The feasibility of the project and how organized the team is also helping to do the job.Look out for transparency as well. For now, because there is no regulatory body to check fraud, we need to help ourselves by reading well before doing a bounty.
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For me, if a project has a small size of the community, I see such projects as not successful as the coin is likely to die off anytime soon. This is because it is the community that gives value to the project and crypto's success is determined by the number of people using that particular product. Crypto thrives much on the wings of influence. The larger the size of the community, the more successful the project and more future prospects it has to offer.
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It is very difficult to make earnings in a bear market when things are so bad like this when all the coins are always showing red and there is no clear direction for the market movement. This is a time that everyone in the market is quite confused as to what he or she should be doing to earn money and nobody can show them any clear-cut ways. Others are of the view that people should keep holding their coins until the market recovers but it looks like the market never recovers.
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This is a sad issue for the industry as many projects keep dying out at coin market cap, the question is, where is the team that raised the money? Also, where is the money that they raised? All these make blockchain look like we have a lot of criminals in here who will just come out with a nice plan as a way of duping people for their hard earned money. We need a strong body that will be able to take this kind of people on if they fail to deliver what they have promised to give to their investors. This kind of behavior more looks like stealing from the investors and need to be addressed immediately.
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this is one of the issues that we have as an industry where people will outline nice plans to entice investors and get their money and after raising the funds through the Ico project, more than half of these project cannot even accomplish even half of what they have in the whitepaper. Sometimes I really wonder why that is happening.I ask myself where the money they raised went to. This industry needs so many structures to be put in place if we are going to move forward and achieve more as we all look for mainstream adoption of the blockchain.
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Are you not tired of looking out and waiting for a bull market? As far as I am concerned, I think that there will be nothing like any bull market this year as the market continues to show red at this time of the year. So we should accept the way things are now and stop the greed mentality. We all in the industry should be content with the kind of adoption that we are getting lately across the globe and forget about the bull run dogma. This is only greed that is making us think that the market is that bad. But the crypto industry, in general, is growing very well in the right direction.
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I will choose btc over ETH of the same value under any circumstances because btc has been fairly stable even though the bear market has catch up with ETH.Now ETH is not even secure at the second place at coin market cap as ripple contends with it big time for that slot.Btc is the best so far so I will always choose btc.
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Education is the way to go as many people do not really understand how things work with cryptocurrency so the best method is to enlighten them about it only so can we get a mainstream adoption of the industry as so desire. If we refuse our collective responsibility of educating new people about cryptocurrency, it will not help us to reach every corner of the earth and go mainstream. We can achieve all the dreams we want for the cryptocurrency industry through education.
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It looks like the actual price for eth is indeed around the 200$ because since it started falling from the top after the bull market last year, it came to a stable point around 200$ for more than two months now. It appears to me therefore that is the actual eth price. The higher price was due to the bull market that inflated the price of eth.So the correction has been made and we have a stable eth now.
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Now, most of us have run out of options as all predictors have brutally failed. We are almost ending the year but there supposed the bull market is not seeing any sign of happening. The holders are tired now and everyone is now relying on their intuitions to deal with the market dips as far as they can handle. Time may change but no one knows when maybe this market may persist for more than a year nobody knows.
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There are so many factors that determine the prices of tokens and each token has its own special case. Every token has a team and a community behind those tokens and some of the community members use different means to manipulate the price so that other token holders can dump for them to buy them cheap and hold. There are also instances that the entire market looks so bad and it affects all and every other token in the market.
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Cryptocurrency has gained great momentum than ever before since the emergence of btc. Crypto will continue to rise and make global headlines and many seasoned investors are bound to enter into cryptocurrency and subsequently, we shall spread to all corners of the globe. This is what the industry future looks like and that is why we are here to make it work for the benefits of us all. The future is truly bright for this industry.
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