The fact that there are dead coins upsets me. Why create a coin, then to throw it? It is so stupid, given the potential of the blockchain.
Not only you, i am also upset but my conclusion about these developers is that their initial plan was to deceive people to fund their bad project, those coins and tokens are dead on arrival. |
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Lately, i have been seeing people complaining about scam exchange on this forum, before regulations will kick in, traders and exchange have to be extra careful before using an exchange by doing a lot of background check before using the exchange.
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Am making this thread because of the numerous wrong perception seeing. So people are actually castigating cryptocurrency and initial coin offering idea for loses the made through it rather than really seeing the cause of the problem.
Initial coin offering is one of the great ideas in cryptocurrency and we know that it was efficient in 2017. Through initial coin offering some great coins of today where launched people keep overlooking the good attributes initial coin offering has offered but are busy bringing it down the more and making all hope of initial coin offering being as it once was hopeless.
It's too bad Scammers stated getting involved in initial coin offering and projects without logic and idea also got involved but this doesn't mean good and real project are not involved or want to get it but the stigma had made developers develop cold feets
PS . let's try finding ways to tackle the cancer(scammers, poor project) of the initial coin offering rather than contributing to killing it
You are right, scammers and poor project which killed ICO are ganging up as well to kill IEO, there hasn't been much difference between ICO and IEO, scammers and poor IEO are targeting IEO to get away with people's money. |
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I left a bounty campaign recently because of kyc, i don't see any reason why they actually need a kyc for a token that is a utility, i think kyc is necessary for a security token. It is now a norm for all bounty whether it's utility token or security. I think you are right for utility project asking for kyc therefore it's suspicious.
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While the whole market of cryptocurrency has had a solid 2019, one coin specifically has triggered up to 300 percent gains since the beginning of the year. Binance Coin (BNB), the official currency of to the world's top ranked crypto exchange by volume, has outpaced both Bitcoin and the market with its huge increases in the course of the most recent month. Given how Binance Coin has, to some degree, taken over the market surge, Is BNB the new Bitcoin?
Now that BNB has had 300% increase it is Worthy to be considered as the next bitcoin some shitcoin has increased more than 300% should we now consider them the next bitcoin. BNB is no bitcoin and can never be. |
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A rival? Facebook coin is a proposed coin which can only be speculated on for now bitcoin has been in existence for a decade now, there are better coin already in coinmarket that can't come close to bitcoin adoption not to talk of rivalry.
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Ethereum and litcoin are both good coin to hold, but if i am to choose one between the two, i will prefer own ethereum coin, it has maintained that second spot for many months now in the next bull run it will moon and will be gain for ethereum holders.
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The easiest thing i have seen in this space is team given unachievable promises/whitepaper which at the long run they might not even achieve 1/4 of it.
i prefer a project that has done necessary things before joining the space because 90% of fundraising are not necessary.
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Awesome article that talks about both ETH's and BNB's key features as long-term projects. https://cryptotradernews.com/cryptocurrency/eth-vs-bnb/IMO, ETH's glory days are over and we're already seeing how ETH isn't growing at the fast pace that it used too... On the other hand, BNB is a much more stable project. There's a lot of IEO happening right now in there and Binance overall is a VERY PROFITABLE business. Thoughts? Ethereum and binance chain are different in every way, binance is basically an exchange service provider. BNB coin is used within it's ecosystem, BNB and ethereum are not a direct competitor in any way, the concept is totally different. |
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He thinks ahead of other competitors which makes him to stand out. Binance ecosystem will cover every aspect of crytpocurrency in the manner in which CZ is adding new innovation to binance chain.
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Since Bitcoin Core can no longer scale as intended due to 1 MB blocks...
Could the coming Bitcoin FS (google) hardfork possibly become the official chain?
It's kinda funny how this new project will accomplish what bitcoin core couldn't, only time will tell is this is just another shit show to gather few dollars. |
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Update: I wanted to know your opinion regarding this matter, I am browsing bounty campaigns to kill time and possible project to invest in since I need to know the allocation of Bounty token since often times this influx of token saturate the market and caused the price to go down when I stumble on this bounty thread titled: (BOUNTY) 💰💰🔥 P2PS Bounty Campaign $450k Worth Of Token For Hunter 💰💰🔥 I noticed this thing.. The bounty,/ bounty manager priced the initial token price as $3
Token Pool: 150K tokens (equivalent to $450K USD if computed with the base token price of $3 each).
150K tokens will be distributed to successful applicants of the Signature, Facebook, Twitter, LinkedIn, Content Creation and Telegram.
This bounty starts on April 27, 2019, and ends when reach hunter $450k.
While the IEO price is $0.03 I would not mind if it is in stake distribution but the token reward is fixed. I feel sorry for the bounty participant being deceived by this rate. I have nothing against the bounty manager but I just feel that there is something wrong. How can you clasified this kind of action? I'm kinda confused because I believe, with deception hunters will end up nothing. What can you say about this? I need your input since I am confused. Is this kind of deception allowed in the bounty campaigns? Are bounty managers allowed to intentionally increase the price of token to attract more participants? I think this is deception and should not be tolerated. He said the new price will be updated June 1st but up till now he hasn't effect the change on the bounty spreadsheet, the manager and the project devs are both not proactive about development of p2ps project. |
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So there are 12 words chosen from thousands to recover any wallet.
If you iterate through random word combinations you will eventually generate a wallet that exists, correct?
I know the number of combinations is astronomical. But in theory if you keep generating random phrases, you might eventually stumble upon a wallet holding millions?
It is practically impossible to assemble the same passphrase of a particular wallet, even if you are a wizard you can't assemble 12 words correctly, if that is possible thousands of wallets will be hacked on daily basis. |
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It is only justin sun that will make announcement of another announcement, this is just for a publicity for his trons coin, he actually got a lot of attention from the crypto community due to this agreement.
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Regulation is needed now than never, bad exchanges and scammers are taking advantage of lack of regulation in the space, there is no enforcement body to curtail the autocratic behaviour of exchanges, same as scammers with a lot of freedom to steal from people. |
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I am not bortherd with hype around a project what i look fot in a project is the solution they will bring to the table, wpp is a good project but yet to deliver a tangible product.
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Are you willing to invest USD10,000 or more in a currency which seems to be static at the moment and keep it for 5 years or longer?
You hope that, after 5 years or longer, the price of the currency will go very high.
Are you patient enough? Or could you sell the currency for other currencies when you see that the currency shows no progress after one or two years?
Capital NO, i would rather uss the $10k to buy 0.5 btc and the rest for ethereum ripple and xlm, stablesp coins rarely increase in price, i think stable coins are tradrersy coin just to maitain asset when market is nose diving. |
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Truth be told. You can't be jobless and be doing bounties. You will starve  My advice is to just see bounties as a pass time and don't be too expectant. Find some other job that gives you money. So many factors determine if you will get good rewards from bounties. For instance, when it lists, the price is out of the control of the team (unless they decide to do a buyback which rarely happens). The price of the token can rise if there is a lot of demand for it when it lists. But most times (since the bear run) the demand is low and to make it worse, several holders set ridiculously low prices just to sell off which devalues the coin. Another factor that determines your reward is the authenticity as well as the success of the team and its project. Many campaigns have closed down in the past after several months of working on them only to announce that they failed to raise enough funds for the project. Worse case is the team devs exit scam and no one gets paid. Project owners can also decide to execute their "reserved rights" by changing the rules at the end of successful campaigns. Rules changes can usually mean bounty rewards are reduced, locked, subjected to uninformed KYC checks, or distributed over a very long period of time. If you consider all this then you will see that bounty campaigns are a gamble and cannot be always relied on to provide regular income for people participating in it. Those that participated in Deex bounty campaign (which ended in January 2019) are still waiting for their rewards (3 months after) and the devs are not communicating any date for the distribution. If you ask them they will say "soon". They have been saying "soon" since January, by the way. I'm not trying to slander the project or anything. I'm just advising fellow bounty hunters to try to get something else to do that will fetch them money and not to rely too much on bounty campaigns for payments. At least it alternative to being joblessness in as much you engage yourself with something, if you can work hard and be able to select good bounties, you should be able to earn from bounties to start probably an offline business. So if someone is jobless and there are bounties works that can be done, should the person wait for manner to fall from heaven? |
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I am interested in opinions about borrowing in cryptocurrency.
If a cryptocurrency will have low price volatility, then would you borrow in that token?
If not please tell why?
Yes, i will borrow in crypto if it less volatile, just like you know volatility is one of crypto characteristics which we can't do without, therefore it wil be risky borrowing in cryptocurrency. |
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As long as I live live I will not sell my Alts at a loss.
It is a shame that Bitches are selling: These bitches can’t see 2 years from NOW: Booming!
I primarily hold Cardano!
Don't take your altcoins to cemetery pass it to your relative or children if you have. You are right it's good to hold but do you know some coin is waste of time holding them, those coins may become worthless if care is not taking. |
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