I support your view about this it will only kill useless altcoin in case bitcoin price rise to that height, altcoins with no use case are dying already if bitcoin price will affect altcoins it is going to be those with no use case/adoption.
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My own reasons why I think IEO is better than ICO
1)IEO projects are legits ,scam free but i) don't always expect the IEO tokens to double after IEO instant sell out ,many are complaining about IEOs losing value I think this is possible and normal too
2) IEO is here to fix scam issues only don't expect that all IEO will be a success on the long run,they might still fail but far from scam like ICO projects
3) it's wise to do better research even if the IEO is launching on binance ,don't just invest because the IEO is from popular Exchanges because what the project is introducing might not even make lotta sense
I disagree on the second point that IEO is here to fix scam, scam is not only when team refuse to list on exchange but not delivering what was written in roadmap, making use of IEO model doesn't mean project is not scam, it doesn't mean they will succeed by delivery what thier roadmap.
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Ethereum is a good buy now because the price is cheap when bull run start it is going to be a huge profit for people who take the opportunity in buying now while it's still cheap.
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btc has mooned a little bit, and suddenly we have self claimed analyzers almost everywhere claiming bitcoin is going to 10,000$ in May itself , small time now and a little bearish they will moan again,
the time they suppose make small profit from the greens; they are busy forecasting
Note: Taking your profit does not mean selling your entire portfolio; it means taking profit; retaining your capital You can always buy back the low
Yes it doesn't mean selling your enter portfolio, it takes someone to know when to buy in and when to sell to do what you explained and not everybody knows how to trade.
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Bull run will definitely come, when it start not all coin will moon dead coin with no active dev will not mooon now the question is if your $5000 was invested on good project or not, if you invested in shit coin don't expect a miracle to happen, if you invested in good project, just sit back and relax.
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Every month or so, new altcoins get listed to crypto exchanges
But I do not see their "intention" of getting listed in this situation of the market.
What is the point? They are becoming more and more worthless, even up to 0.0007$ or so?
If i overview the technological aspects, most of them are data platforms, service platforms, or reverse-ICOs.
I mean, is Blockchain technology even going to develop further so that it can be commercialized and standardized?
Its true looks like everyday we have new ico new ANN thread new worthless coin/token, Some are just creating ICO and collecting money with no real use case and scammed so many people so we need to be careful on what altcoins are we going to invest. I think SEC will step in and will eliminate worthless ico's. People have been talking about SEC eliminating scam project, this thought is yet to show any effect on those scam ico instead of it to reduce it is becoming more rampant each day, hopefully SEC will act on time as crypto enthusiasts expected the body to do.
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I read few posts today and people keep talking about IEO losing price well here is my own thought
1)IEO projects from popular exchanges are safe and not scam and thats what matters most
2)just because its IEO don't expect quick profits ,they tend to drop in price and that doesn't mean they won't recover at least
What IEO fix is 'getting scammed' and not always profits for investors, thats why I keep telling people not to rely on exchanges only ,just because an IEO is from popular exchange you still need to do research on the project yourself to at least understand what they are introducing
IEO doesn't fix any scam, do you want to tell me scam token are not getting listed on exchanges after ICO, though it could reduce scam but it doesn't fix it totally, using IEO model doesn't indicte a project is scam and i doesn't indicate they will succeed, deliver what was promised to investors in the whitepaper.
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They don't actually care about learning their main aim and objective of joining the forum is to make some quick buck, if they are blocked because they do not take their time to learn about this forum that is their problem. If they are opportune to successfully get a new account they will not be told before following due process.
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Project developers are in no risk at all ,the investors are the ones in total risk ,devs only have to tender a working project and ask people for funds ,who says ICO and IEO is not a favoured business? That's why we have many not working projects,fake ,scam and pump and dump projects in crypto space..I have make up my mind never to invest in fund raising projects anymore ,I can name 100s of coins with no ICO and No Premine that are doing very fine in this market condition ,they are just here for the fund raising
you are right, majority of ico are not entering into space to add value to what has been done already but to raise fund with a useless whitepaper without product to show the worst part is that after successfully raising money tiny part of the raised fund won't be use for any development yet for their own personal expenses.
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ICO is not a guarantee that the project will be successful, because most ICO projects are still limited to concepts and do not have clear references, but projects that don't make ICO or premine are usually serious and good projects. and I also agree on this, what about your opinion?
The subject of the post doesn't correspond with your explanation, i don't really understand your argument, do you mean project reaching hardcap doesn't guarantee success or those that engage in any kind of ico without any product to tender is bad?
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Both coin you stated made those (x) during bull run. It is difficult to predict another coin that will have such multiple gain even when bull run comes again. You should be on look out for another promising coin with great hype around it and they might be the new Nano and Neo you are looking for.
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Some friends of mine always lament that 'we need more stable coins in the cryptosphere' and I think that is highly achievable looking at the promising prospects that has been achieved by tether. It seems some upcoming projects are also promising to introduce stable coins. Is it possible to have more stable coins on the crypto market? What would really happen if we get more stable coins on the crypto market, would the volatility reduce?
There are many stable coin already in the market, adding more stable coin will make stable coin look messy left to me i would prefer just two in order to avoid monopoly in the market.
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It is illogical when team couldn't go through kyc but asking for kyc from investors. As far as i am concern that is a red flag, i don't see why a genuine team will be running from kyc.
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Where did you get your calculation from? The airdrop is $25 are you trying to get referrals? Anyways it is a dubious way of getting people to do something for you by lying to them.
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#Proof of Authentication #Telegram #188
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Either IEO or ICO they will always need the service of bounty promotion because it's a alternative and cheap means to promote a start up, there is no much difference between the two the only difference is the platform used in offering the coin or tokens to investors.
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Faking collected amount is the new method deployed by many ico these days in order to attract investors, they will just upload a figure on their website which can't be traced on blockchain in 2017 contributors can see amount of sold tokens but now reverse is the case.
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As a result of bad market atmosphere, many ico are extending their indefinitely. This is affecting both bounty participants and team of course they don't have choice than to extent it. Though personally i can't join any campaign for such long period of time, i see it as madness.
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I am wondering how they will survive without having their own native token when they have more users and a lot of payment to be made. Anyway it is good platform but i think they need to have a native token, the website is neat and easy to access.
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I used to invest in ISO and make a profit. Recently, a lot of coins in which I invested fall down after entering the stock exchange. I do not know what to do about it ...
Amidst of bad market there are still tokens and coin that have done very well after listing in the market, an example of that is bittorrent. What you need to do is buy ico with prospect and hype.
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