The truth is we are far from the bull market currently. The market is currently heading down to an all time low. But as cryptoocurrency enthusiast we still need to be spreading positivity to curtail the situation because FUD won't do us any good as it is right now.
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I think you are very right and correct. Alot of projects don't even need to waste their time because the niche they are focusing on is already taken and their project doesn't have a solution or a wow factor that would disrupt that particular space.They end up wasting investors resource because more than half of those projects end up dead.
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What I think is you are not making sense. The cryptocurrency space is filled with FUDsters that starts spreading unreasonable negativy maybe due to fear or insecurity whenever things are not going according to their expectation. Check CMC and you would realise that it is not only ethereum that is on a downward spiral but the whole cryptocurrency market capitalisation, so why should your focus be solely on ethereum?
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At this point of the year I think we won't see any altcoins exploding instead they have been descending. 2018 was a year filled of hopes but it has failed to live up to expectations. Ethereum is currently below $300.This has gone beyond market correction. Seems more like market manipulation.
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often times ICO extends bounties because they need more time so that they can raise a required amount of money during token sale. Majority of the bounties I have participated in this year have extended their ICOs by two weeks, some even a month which automatically means bounties too would be extended. So I think it is due to the poor market conditions. Investors are not forthcoming like before so they have to extend.
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1.Of course I love cryptocurrency because that is the future. 2.I started doing bounties during the bear market period so I haven't really made much. 3. I think the job of a bounty manager requires a lot of time, patience and intelligence. It is very tasking. I don't see myself becoming one. 4.I have done a couple of scam bounties for months only to realise they are scams and they have only gotten me wiser and I can't remember the last time I fell for a scam bounty all thanks to those experience.
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I think this forum has reduced the relevance of reddit in that aspect. I would rather log on here to see what is happening or what the community thinks about a project than more to reddit. I think the discussions here are more engaging and insightful.
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If you observe rhe whole cryptocurrency market you would see that all the altcoins have not made sgnificant improve in their prices for a while nw and ethereum is no exception. So there is no cause for alarm. Once the market gets better we would see increase in ethereum's price.
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I think the bull run that occurred about late last year to early this year put currency in the spotlight and some big players or elite are not happy with it and the financial liberation that comes with the prosperity of cryptocurrency to ordinary people.So they might be trying to frustrate out of it. I don't want to believe a market correction would take this long.
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This is purely some manipulative marketing strategy to draw attention to the project. What are the fundamentals and ideal behind the project that would make it bigger than bitcoin? What is the reputation of the team behind it? These are some factors that makes a project a big sensation in the market not just some mere hype.
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We are still in the bear market. Cryptocurrency participants need to chill and stop jubilating that we are back in the bull run whenever we see some few increase in bitcoin's price. Observe the market for weeks then if the uptrend is consistent then we can conclude that we are back in bull run..
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Yes due to the massive downtrend, now might just be the perfect time to invest but look before you leap. Be careful of the project you might wanna invest in because right about now more than 40% of projects out there are dead and are beyond redemption even if we see the bull. Most of them are projects without a use case or working product. So still do your research to avoid investing in such project
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The price of bitcoin is not static so I don't know about that but I know you can make a moderate amount of money to keep yourself afloat from bounty if you pick the best projects,committed and also persisent. I don't think only a signature bounty will get you that much due to your member rank. You need to take on other bounties like articles, videos because they are lucrative and you can make alot from them too. Best of luck friend.
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You see experience they say is the best teacher. There are somethings the best teachers in the world can't even teach you unless you go through them yourself. I understand your post and I have been there before. I Just jump into bounties without reading the terms and conditions and at the end of the day I end up bargaining with what I didn't sign for. As time goes on I have learnt and now a better bounty hunter that picks his bounty carefully. Patience and Persistence is surely key.
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To upgrade your account to the next level as you already a jr.member needs 10merits. And I guess you understand how the merit system works. You gotta post quality comments or post in the opinion of senior forum members before they can share their Smerits with you.
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Yeah. That is just the fact. I have gotten more tokens from bounties I participated in which are just few weeks compared to the ones of months. The longer the bounty the more people join which means the stakes and tokens end up being shared among more people. The shorter the better.
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Lots of people in cryptocurrency are impatient and think with investing in crypto with a large chunk of money they can skip those beginning phases. Most of them end up losing their money because they don't have an idea of how cryptocurrency works and the right projects to invest in. They just follow the band wagon effect and end up been FOMOed.
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The problem is about half of the people are in to cryptocurrency because they believe they can get wealthy overnight like during the bull run forgetting that every good thing in life is a process and consistency is key to succeed and same applies to crypto.
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With what we have seen and what is obtainable so far in crypto this year, I think 2018 will just be a year of consolidation and 2019 might really be that year we expect 2018 to be. Patience is all anybody holding some good tokens needs to have. We will definitely see lambo.
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Patience is a virtue you need to exercise in cryptocurrency my friend. Some tokens distribution takes like 3 to 4months depending on the project. Because you promoted two projects and got no rewards doesn't mean you should quit. You might hit it big in your next bounty, you never can tell. Keep working and stay positive.
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