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Whenever there is demand, there is also supply. Therefore, despite the fact that there are many scam projects, they still appear, as there are always people who are willing to invest their money in untested projects. I don't agree that all ICOs should be banned, as there are a large number of good projects. I believe that they need to tighten the rules, and potential investors to be more careful in their choice.
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Bitcoin will be available for everyone and anyone who wants, it will not be difficult to get it. After all, it's created not to that one day it will be used by a limited circle of people. Therefore, we should not worry about it. Even when the last bitcoin will be mined people will not stop sharing, selling and buying.
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I'm not against KYC verification for participants in bounty campaigns. When I agree to participate in a particular campaign, I understand which project I will participate in, which means I studied it and I like it. And I don't see anything bad in the KYC. Many participants are outraged by the fact that this condition often appears at the end of the bounty but I think that you need to be prepared for any surprises.
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I don't agree that no need to study economics at a university. Yes, often at lectures a lot of theory is told to us, there is also superfluous information. But we still remember the main points, the most important and necessary, and in the future we will need it. Education is very important in our life, although a lot comes with experience, this is true. But everyone should have basic knowledge.
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I believe that it is possible to combine these two directions. If you like the project and you are confident in his team, why not support it. Bounty also sometimes brings a good income, and this is a very good direction for a beginner in crypto.
I have exactly the same thoughts on this. And I have done it more than once. If the project is good and deserves attention, it has a strong team and a promising product, then I participate not only in the bounty campaign but also invest in ICO. But this is on condition that you have the funds to invest. If they are not, then, of course, you should choose a bounty. |
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I think bitcoin combines all 3 of these qualities. In some online stores accept payment for goods in bitcoins which means that they can be as money, in this case, bitcoin is a currency. You can invest in bitcoin, sell and get money for it. In this case, bitcoin is a commodity. And security. You can be sure about your savings in bitcoins, since no one else controls them except you. Unlike money in a bank.
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I received my first reward from airdrop. It was a small amount but it was very nice and it made me believe that everything is real in crypto. Since then, a lot of time has passed and I earned different amounts, including very good amounts. Therefore, don't despair if the first earned amount is very small, it will be better further if you try and work hard.
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In my opinion, a developed country is a country in which the economy is well developed. These include a developed infrastructure, industry, a high standard of living of the population and its income, GDP. In a developing country all these factors are only developing or are sufficiently low, and this is already clear from the name.
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This is no news. I read about it already about six months ago. So far this law exists at the level of the idea. And no one knows if it will go into effect since officially actions with cryptocurrencies are prohibited here. But unofficially - I read about several property sale transactions have already been carried out.
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This is a very good plan. At least half, and maybe most of the projects where you are participate guaranteed bring you rewards. I see no reason to participate in only one campaign when there is a choice to participate in several good ones. When I began to participate I was in 10-15 campaigns last year and at the beginning of this year.
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For each person the concept of big profits is different. For someone it's enough to increase their capital in several times, and for someone - in several dozen times. I know people who haven't invested even a single dollar in crypto but have invested their time. And now they have enough funds for them to their exist.
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Here is what I see each time the government tries to stop or control bitcoin-
Bitcoin is designed to be censorship resistant, peer-to-peer payment system designed to remove the control by centralized institutions like banks . When bitcoin eventually achieve mass adoption, it will not really be much of an issue if some Governments place a ban on it within their countries.
That is not a surprise and they are trying to do that through media and many sources most of the time but what they haven't understand that how can they control a decentralized currency. Because if they wants to stop a fiat currency or a social media site they can just take down there system through politics or lows but for bitcoin the core network is not centralized to any organization or a group of people so they can make bitcoin holders to fear and sell there assets or make some local restrictions but other than that nothing can be done until we have faith in it and that is the most important fact that can decide the bitcoins future This pic is ban on bitcoin, most of the govt have already ban bitcoin but this is not making it unpopular among the common people rather people are heavily buying bitcoin at this price, within one year bitcoin may see the new height and govts may see one anothers months open with surprise, if some technology is giving common people another reason to live why govts are against it and that too when these govts have not done anything exceptional about the common people, what is wrong with bitcoin, ahh pls do not talk me about money laundering, I can only accept it if it did not exist before bitcoin. It's right. Governments forbids but the psychology of people works in the opposite direction - what is banned, then most of all is interesting. Therefore, there is such a mass interest in bitcoins and it grows every day. The process is running and it will be very difficult to stop. Especially with such strong support that the crypto community show. |
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Unfortunately, bounty campaign participants are at risk. In my practice there was one such project. Of course, it's a pity for my wasted time. But in this case, the bounty manager is not to blame. He is a hired worker and doesn't know how the sales will end up in the end. Therefore, he is not responsible.
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If I had any problems with payments in bounty campaigns I always contacted the managers in the telegram groups. Most often we quickly solved my problems in my favor. But there were cases when managers promised to solve the problem but didn't solve anything. But it was one or two times during my participate time in the bounty. The most important thing is that you need to be persistent and write your claims and then you will get your deserved rewards.
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It's very good that Facebook has returned advertising about projects related to the cryptocurrency. But it seems to me that no one particularly suffered from this ban. On the contrary, when someone begin to forbid something, people become interested and they find ways to find out what it is. So this ban even played into the hands of crypto.
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I agree with the opinion that everything depends on the project. In a good and promising project verification of KYC is not difficult to pass. However, why invest in bad projects at all? Or, for example, in unknown projects who conduct airdrops. Then, of course, you risk that your data will fall into unknown hands. And all this for the sake of a few dollars.
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I don't think that crypto can be called a danger. What is its danger? Is it that any newcomer who doesn't have enough knowledge will decide to invest in some kind of coin or project and this will be a scam? But this can happen not only in crypto but in any other financial sphere.
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