Thank you. Feel like others need to understand this "free" model as well. To bad many wont read it because its a long text.

Thx. Glad you took the time to read it.

I have put together some numbers about last airdrop and the total tokens founder members are holding from the premine and you tell me if that is fair:

https://bitcointalk.org/index.php?topic=2383425

Last week DeepOnion changed the rules of their super restrict "airdrop".

With over 4k people in their forum only a fraction of it (around 300) would be allowed to participate in the free airdrop that would run for 40 weeks while others got inexplicably rejections and were blacklisted from the airdrop for "unknown reasons".

This went trough over 16 weeks and now the so called "earlier adopters" of the premined coin, with huge holdings, changed the airdrop rules to "the more you hold the more you get" and new participants must buy 100 tokens to be allowed in the 250k tokens weekly airdrop.

This new rules obviously favored and created a huge gap between the top holders aka earlier adopters to the recently joined participants. Not happy with the huge amount they already get in the airdrop weekly participation they also reward themselves with a support group factor of x2 x3 and x5. This means on top of their huge holdings, they will get a multiplier factor that can get them something like like 100k tokens weight in the airdrop participation.

With this model some Top holders aka earlier adopters got 7000 tokens in the last airdrop while a small fish got 7 coins in the same airdrop with this new distribution model.

Why this resembles a ponzi scheme?

If you go in their forum you will see this earlier adopters, which many are moderators, telling people to work their asses off in bounties to get about 25 tokens or invest their money to increase their airdrop participation and get more "free coins", while they ripping 7000 tokens per airdrop just by "being the earlier adopters" that had the opportunity to accumulate their tokens in a super restrict airdrop in the first 16 weeks.

What is presented as a "free" opportunity of entering in a magical airdrop is in fact a vassalage and constant praise of the "earlier adopters" and how awesome they are and how nobody would be there if it wasn't this first people to start it all while they keep ripping thousands of tokens per airdrop that is currently being sold for over a little $0.50 per token.

To top it all, they run a small side airdrop of 25k tokens that rewards users contributions in their forum. Those "earlier adopters" also participate in it because they are not happy with those 7k they already got in the main airdrop. Instead of leaving this opportunity to the small fish they keep contributing to a higher centralization of the tokens and they get offended if you ask them not to participate in this side airdrop and give a chance to small fish.


Did I said high centralization of the tokens?

2 millions from the 18 millions premined tokens belong to 4 founders, 500k Tokens for each founder (they call it founders reward).

3 Millions is for their development fund.

3 Millions for the bounties.

10 millions is for the "Airdrop" that as you can see 60% is ending up in the same persons pockets those with higher participations shares.

Numbers don't lie. Straight of the bat they old 8 Million tokens and at the end of the "free airdrop" ripping around 6k to 7k per week/team member/moderators people connected to the project will get half of the "free airdrop".

So in total this project team and mods will have in their possession somewhere near 10 to 13 Millions of the all the tokens.

Seems fair right? Ah, and don't bother and try to explain them how this centralization will ruin what could be a good project because they will tell you to go do bounties to increase 25 Onions to your weight.

I'm not seeing that happen in the same span time of 7 years but when bitcoin replaces the current payment system I think it can even pass that growth %.

You can spread FUD with the truth. It's the intention you give to the action that creates FUD. When you stated the page was deleted you were telling the truth but in that context people may have perceived you were trying to give second intentions to that action, like they did that because of a bad reason. You can only speculate on the reason because nobody knows it and people will always protect their investments.

I think it will com down to $5000 for more two or three times and then it will move to higher levels. This is just my opinion though because nobody really knows what the markets reserved for the future.

I would have to say that my biggest regret regarding BTC is not having checked it out when my friend told me about it in 2012. Don't think it's to late now though, but we all know the sooner the better when it comes to investments.

Quality over quantity I would say that can be applied in many things in our life and same goes for dev/project teams. I think a project cannot be "quantified" by the number of persons it has working on it, well, obviously more people can perform more tasks but if they are a bad team they will accomplish the same either they have 30 or 3.

I would say about any coin with big volume and liquidity in exchanges is good for day trading. Any of the coins in the top 20 or even top 50 are tradable. Buy the dips and sell higher. Rinse and repeat.

That would not work with the mechanics of bitcoin but even if it did I would not agree with that, simply because it's against everything bitcoin fights against. When you want decentralization and freedom against that type of power and control from entities you cannot allow such a thing.

1- Team would come first. Look up the team and see if they are reputable.
2- Project utility. Is it a new concept? Does it solve any digital or real world issue?
3- Development and team activity. Try to see for how long the project is running and what they have accomplished, are they slow? Fast? Updates with frequency?
4- Marketing efforts. Do they have a strategy to promote the project? Because in this days marketing is almost everything on a project.
5- Community. Does it have a big community?

A project that currently checks all the boxes for me its Deeponion, phenomenal development team, actvity and community.

Myetherwallet its a web wallet that can only receive ethereum based tokens so if the airdrop project you are supporting and will get its tokens is based on ethereum they will mention it and you can send them to myetherwallet, otherwise you might need to download the project wallet and get your address and send tokens to there, alternativly if the token is listed in an exchange you can register and get your address there (many people dont like to hold their tokens in exchanges though).

If it is indeed based on ethereum you just need to give your ethereum address from myetherwallet and it will show up there without the need to add the custom token.

I would say for many would be a combination of several of those factors but the biggest concern is without a doubt there are to many projects to research and verify before making an investment. Lack of trust would be the second and its a bit connected with the fact of having to many options because if one could research them and get some team info we could exclude the bad projects from the good ones.

Good luck developing your web app.

not have fav channel only watch news or football goals or some comedy

for me best way to learn trading is try so  take your risk and try with small price

if you made copy and paste forget you account

1) the internet of money 2016.

2) learning bitcoin

those any only books that i read in bitcoin section

How to start it Depend on your skills check better things you can do and you like to do and do it

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