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1461  Alternate cryptocurrencies / Altcoin Discussion / Re: What does KYC gives you ? on: December 15, 2018, 07:24:19 PM
Hi.can someone tell me if KYC is ok ? what could be the effects of doing it especially in bounties/airdrops, they are requiring to pass KYC before joining
KYC checks for bounty hunters give nothing but problems and headaches. Especially if it is carried out after the completion of the ICO. Then the ICO teams try to come up with such conditions so that we do not get earned tokens. Moreover, their actions are very diverse, but the meaning is the same - we do not receive any tokens.
And this is despite the fact that no ICO team has yet explained on what legal grounds they require bounty hunters to undergo a KYC check. We are not investors and their customers and should not be audited by KYC.
1462  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bounty Campaigns. on: December 15, 2018, 07:03:46 PM
The situation with earnings as a participant in the campaigns of the ICO bounty is very difficult now. I participate in many campaigns, but practically in the second half of the year I haven’t received anything, although many ICOs have ended. Justifications for ICO teams are different. KYC testing after the end of an ICO is especially annoying. They can not decide on the form of verification, they are forced to register on their website as an investor, and there is no link to our accounts, wallets and other information, which could be used to determine who underwent such testing. We have to reread hundreds and even thousands of messages in their Telegram groups. They probably think that we have nothing more to do. In general, many ICO teams are now doing everything not to pay off the tokens we earn.
1463  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETHEREUM has just rised 3$ in last 30 minutes on: December 15, 2018, 07:27:54 AM
For ethereum, raising the price of three dollars does not mean anything, even in a short time. This is a common manifestation of the decentralized cryptocurrency volatility. In addition, last night the ethereum course, according to CoinMarketCap, was $ 86, and today it is 84.
However, nothing dangerous happens with ethereum. This coin falls in price due to a general fall in the cryptocurrency market.
1464  Economy / Trading Discussion / Re: Bear time is near to end on: December 15, 2018, 05:54:38 AM
I think bear market is far from over... I expect at least 6 more months of bear market. Also new lows are possible.
This does not mean we will just go down and down ...  We might see some rally up soon, but I think you should not get overconfident, because this markets will give you hope and than crush your hope over and over again until you finally give up... And when most of the people give up only than we will see the start of the new trend...
This means that you are expecting that the price of bitcoin will fall below $2500 before we can see a market reversal. Indeed it's still unpredictable and only those whales or other group who control the bear has the correct prediction about this technology. I myself will exercise more patience and be ready for the bull run if that will happen early next year.
These days, the cryptocurrency is still falling in price. Bitcoin has already dropped to a level of a little more than $ 3200. Since a little more than two weeks are left before the New Year, it is obvious that there will be no increase in the cryptocurrency market this year. And this in turn means that cryptocurrency holders and potential investors will panic, considering that almost all of us hoped for a good growth in the cryptocurrency market traditionally at the end of the year. This situation is likely to lead to further stagnation of the market. Therefore, it is possible that in the first quarter or even the first half of the next year we will not see a market recovery either. This seems likely to happen in the second half of 2019.
1465  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Eth <100 $ on: December 14, 2018, 09:56:12 PM
Friends, the price of ETH continues to fall, what is waiting for the coin? Will its capitalization fall? Will ethereum lose third place?
Although my personal opinion is that since it’s certainly a top coin, we don’t have to talk about sunset in the new year, they promise us to increase its potential with the help of code improvements, not so long ago Buterin even became a professor, what do you think about Ether?
And how do you think the whales have lowered the price and filled their hooks to them to pack it next year? Or is this theory a mistake?
Ethereum cannot fall below the third place in terms of capitalization. It is true that cryptocurrency prices are now falling and their level of capitalization also. Ethereum is no exception and its price and level of capitalization also, unfortunately, are falling. If a couple of hours ago the price of ethereum was, according to CoinMarketCap, $ 85, now it is already $ 83. However, the whole cryptocurrency lowers these figures. However, even with the current level of ethereum capitalization of more than 8.6 billion dollars, in fourth place the USDT coin has a capitalization of only 1.86 billion dollars. Capitalization of other coins is even lower. Therefore, ethereum cannot go down to fourth place in terms of capitalization.
1466  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you happy with stakes payment method ? on: December 14, 2018, 09:15:36 PM
There are numerous ongoing bounty programs who are rewarding the bounty hunters by stakes model and sometimes bounty hunters are disappointed by the fact that ICO's don't meet the softcap thus the users do not get any benefit for their hard work or sometime they receive too little rewards for their hard work due to stakes systems, do we really need stakes system or the best thing will be provided a fixed amount of tokens for bounty (like $100 work of tokens per week or so)?
Already, many ICO teams pay for the services of the ICO bounty campaign participants in a fixed number of their tokens produced. For example, even the ICO WebSpaceX project, the signature of which I am now carrying, is paid to a member of my rank with a fixed number of WSPX tokens — 312,500 tokens per month.
However, the payment of a certain number of tokens per week or month does not mean significant earnings. It all depends on the prospects of the ICO project itself, since the price of earned tokens will depend on it.
1467  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Ethereum just crashed 10% in 3 hours on: December 07, 2018, 05:01:09 PM
Obviously it is beacuse the crash of market it's a downtrend but doesn't matter good days come soon after every down there is also a up because of bitcoin very coin is also suffering and this will become stable in sometime in two to three months.
In two or three months, the cryptocurrency market will most likely be in decline. It is predicted that Bitcoin will continue to fall until the end of February and will drop to about $ 2,000. Ethereum will then cost about $ 50. It will be a very interesting time. Big pessimism and big opportunities at the same time. Cryptocurrency will begin a new round in its development.
1468  Alternate cryptocurrencies / Speculation (Altcoins) / Re: are you afraid of the current market situation. on: December 07, 2018, 04:44:41 PM
The situation now is indeed very extraordinary. I am personally very surprised by the current market situation. But this is true crypto. No one can predict crypto will rise dramatically or drop dramatically. But this situation didn't scare me but was just shocked.
I agree with you. The situation on the market is very unusual now. The whole year of cryptocurrency falls in price and moreover it began to continue to fall actively in the last month of the year, when most participants in the cryptocurrency market were confident that bitcoin and other cryptocurrency would finally grow even on the eve of the new year. Many expected this time as the last hope. The situation now continues to disappoint. In this regard, the stagnation in the market will last for a long time. Many will leave him.
1469  Economy / Economics / Re: How do you feel about market regulation? on: December 07, 2018, 04:28:41 PM
There's been a lot of talk about submitting the Bitcoin economy to governmental regulation and, frankly, it scares the hell out of me. One of the reasons I'm so excited about Bitcoin is because it presents the same promise of a fully free market that cash does without all the problems surrounding a fiat currency.

Personally, I am strongly against Bitcoin regulation. I believe the market is completely capable of caring for itself and regulation would simply expand government intrusion into people lives. I can see no benefit and a lot of detriment.

What do you think? Do you think the Bitcoin economy should be regulated? If so, to what extent?

Rage
It depends on what you understand by bitcoin regulation. Regulation can be different. When we talk about the need to regulate cryptocurrency, we mean by this the process of its legalization, which includes establishing the legal status of cryptocurrency, determining the order and conditions of its circulation within the state and of course its taxation. At the same time, no one talks about state intervention in the principles of the existence of Bitcoin, and above all, its decentralization. Legalization of cryptocurrency, which includes the above issues, we need, without its legalization, the cryptocurrency will not be able to further develop.
1470  Economy / Economics / Re: If Bitcoins aren't tied to a conventional currency how did they get so valuable? on: December 06, 2018, 06:18:56 AM
In order to have a certain value, it is not necessary to be bound to any existing currency. The consumer value of any item or object improves, and its price increases. In relation to cryptocurrency, its price is determined by the demand for it. Cryptocurrency is not tied to the currency, it is compared with it. Thus, it has a certain value.
1471  Economy / Economics / Re: What can be done to make bitcoin stable? on: December 06, 2018, 06:07:05 AM
We can not do anything to make Bitcoin more stable in its price. Decentralized cryptocurrency has a very high volatility in nature. Bitcoin stability can be improved if you begin to regulate it. However, Bitcoin will lose its decentralization. Therefore, it is better if it remains unregulated and with great volatility.
1472  Alternate cryptocurrencies / Altcoin Discussion / Re: Most alts are worth Zero on: December 05, 2018, 05:59:35 PM
Yes, this is the root cause of the current market decline. The market has recovered its ideal and people no longer blindly buy shit coin. They are beginning to understand whether this project is a good project.
In my opinion, the cryptocurrency market fell not because of altcoins, but because of bitcoin, and more specifically due to the fact that it rose very sharply in price last December to $ 20,000. If the market did not have a hard price dominance of Bitcoin, then the Altcoins would continue to develop and grow in price. Of course, the promising projects of altcoins continue to develop and in the current state of the cryptocurrency market, despite the fact that Bitcoin drove their price to almost zero. Altcoins, and in particular tokens, must prove themselves as their projects develop, and this process sometimes takes many years. Therefore, I believe that there is no reason to say that almost all Altcoins are useless and worth nothing.
1473  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin bubble burst? on: December 05, 2018, 05:45:13 PM
What is this bitcoin bubble and what does it mean by it will burst?
The fact that the BTC bubble, so figuratively say.  And the fact that this bubble will burst means that the cryptocurrency as a whole will cease to exist.  The cryptocurrency market is experiencing a difficult period now.  Prices have fallen dramatically, and many have a panic. Most likely for this reason, you can often hear the above mentioned phrase.  Time will tell what awaits us.
Speaking of the fact that the bubble of a cryptocurrency burst, means only a sharp drop in its price. However, this does not mean that the cryptocurrency at the same time ceases to exist. It may be in demand at a steady low price and will continue to be traded on the market.
If the price of bitcoin fell from $ 20,000 to the current level of around $ 3,900, then we can say that the inflated bitcoin financial bubble has burst. However, Bitcoin can still work and rise in price again to $ 20,000 or more.
1474  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO will have a huge impact on: December 04, 2018, 05:38:40 PM
limits on the number of projects or limits on the amount of fees?
I, too, sometimes the amounts seem exorbitant, for example, when they collect 100 million.
If you count on the growth of the price of tokens, then the starting amount should not be space, I think that 15-25 million is more than enough. and even less, depending on the project’s goals.
When there will be government regulation of the activities of the ICO, the states will also set the maximum amount of funds raised. The draft law, which is being prepared in Russia, provides for such a maximum amount.
As for the possibility of limiting the number of ICOs, it is unlikely to be. This restriction is not necessary.
1475  Alternate cryptocurrencies / Altcoin Discussion / Re: Should ICOs be regulated on: December 04, 2018, 05:23:16 PM
Considering the high level of scam associated with ICOs presently, many investors are at risk of loosing their investments. Bounty hunters like us are not spared as we may be rendering free services to some scammers and also risking our personal data.

I suppose a regulatory body be set up to audit the ICO process and the  founders, and if anything goes wrong or should the project fail, they will be liable. This will reduce drastically investors risk and also keep scammers away. What do you think?
The risk of failure during an ICO for their teams will always be, and no one is responsible for the risk in business. I mean, if the ICO teams do not collect the minimum funds, then just like now, they will simply return the money received from them to investors, and the bounty hunters will again not receive reimbursement for their work. Although there may be cases when ICO teams may require that certain amounts be deposited in the bank before holding an ICO and they can be used to pay for bounty hunters, even if the ICO project is unsuccessful. This will depend on the specific laws in each state. If the ICO teams cheat, then in this case they will have to bear responsibility - both material and criminal.
1476  Alternate cryptocurrencies / Altcoin Discussion / Re: The era of bounty hunter comes to an edd? on: December 04, 2018, 04:59:21 PM
Many people live there life as a bounty hunter. They were making some good money by just doing bounty campaigns. But good days are coming to an end. Now almost 80% campaign is scamming. They are not paying a single coin. So the golden days of bounty hunters are coming to an end  Sad
What do you think?
Now for the bounty hunters are really difficult times. ICO teams often cheat on us, including through KYC checks. Previously, these difficulties were not. We knew that we had done our work and were just waiting for the transfer of tokens to our wallets. Now in wallets just rarely pays. A check KYC can announce a month after the end of the ICO, but we can not always know about it.
I look forward to further regulation of the activities of the ICO by the states. Then the frauds on the part of the ICO teams should disappear.
1477  Alternate cryptocurrencies / Altcoin Discussion / Re: Which wallet do you use for storing ERC-20 token? on: December 03, 2018, 09:11:10 PM
Now, many ICO teams have started to create their wallets en masse, however, I got used to the MyEtherWallet wallet, which is easy to use, especially with the etherscan function. io, which allows you to view the contents of the wallet and not use the secret key, but only the address of the wallet. I have distrust of other wallets.
1478  Alternate cryptocurrencies / Altcoin Discussion / Re: If an ICO team is anonymous, is it a scam? on: December 03, 2018, 08:58:53 PM
During the period. when there are a lot of fraudulent ICO projects now and it’s very difficult to choose normal and promising ICO projects, if the ICO team also wants to remain anonymous, it’s better to ignore such an ICO project. Most likely, it will be fraudsters, and lazy fraudsters, who are even too lazy to pick up pictures of other cryptographic specialists as their ICO team. There is a small doubt about their fraud, but it is better not to risk it. Now there are a lot of ICO projects and it will be better to turn to other projects.
1479  Alternate cryptocurrencies / Speculation (Altcoins) / Re: You think the Crypto market will keep growing? on: December 03, 2018, 08:45:13 PM
Despite severe falls, crypto always seems to make a comeback. There are certain articles that say crypto will die a sudden death.
But apart from these negative speculations, I always see investments pooling in and startups encouraging and coming forward to use crypto.

What is your take? I haven't personally gained too much off late but I always shake it off as part of learning the trade.
Hoping to get some positive vibes that motivate me.
Due to the high price volatility of decentralized cryptocurrencies, the cryptocurrency market cannot stand in one place for a long time. It will rise or fall, and after falling again rise. The current long-term decline in cryptocurrency is not caused by any special circumstances, this is just the usual, but the long-term correction of Bitcoin due to a sharp increase in its price. Also on the market is happening and
various price manipulation. However, this vseravno must end soon. The cryptocurrency market will soon rise anyway.
1480  Alternate cryptocurrencies / Altcoin Discussion / Re: This bloodbath shows that more than 95% altcoin holders were just speculators on: November 30, 2018, 06:11:40 AM
Yes, now the entire cryptocurrency, including Bitcoin, is bought and sold primarily for speculative purposes. Bitcoin, apparently, it will always remain so, but most of the tokens that have a real product will develop and develop in a completely different direction. There will be real practical projects that will really improve the quality of our life.
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