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I am sure that there will be lots of third parties claiming that they are launching TON. But being third party completely negates the trust that goes with launching from a trusted name. Both Libra and TON are getting lot of resistance because the SEC is saying they are a Security. The only way around that is by following the same development model as coins that are not securities like Bitcoin and Ethereum and that would negate the level of control that both Telegram and Facebook want over their projects.
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Why would you want to resurrect someone else's failure? I think you would be better off starting from scratch. If you take on someone else's project you also get all the disappointed investors from that project as well as the reputation of having failed. It is hard enough to find success. Do yourself a favour and start from scratch. If they have some tech or code you want ask to buy it or license it.
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I think your average joe does not really care about whether it is anonymous or not. The biggest impediment to widespread adoption is that it requires too much of a learning curve. Once sending crypto becomes as easy as sending a tweet then you will see the mass audience and not just the technologically savvy adopt it.
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And when i say "explode", i mean at least x5 by the end of the year. 1. POLIS - https://coinmarketcap.com/currencies/polis/-this is one of the few coins that have a real use case. PolisPay App is near the end of the beta phase. When this will happen, you will be able to spend 20+ cryptos in over 160 countries. And with partners like Netflix, Amazon and Steam where you can spend your coins i see this app becoming mainstream. Plus a VISA debit card that can be charged with crypto and used worldwide. Also the Olympus Protocol will be released in the next few months that will give Polis capabilities no other coin has. And the best part about this coin is that it only has a 8 million market cap so this is one of the few coins i see going x10-x15 by the end of the year. I advise everybody to do a little bit of research about this coin. 2. Binance Coin - https://coinmarketcap.com/currencies/binance-coin/-this coin needs no presentation. In the last few weeks over 1 billion USDT has been sent to Binance. If the rumors are true, a good part of it will go to pump BNB. This is a must-have coin. 3. Ethereum - https://coinmarketcap.com/currencies/ethereum/-Ethereum 2.0 is around the corner. It would be a shame not to get on the hype train.... If you know other coins that will explode in 2020 you can post them below! Nothing really unique about a wallet tied to a debit card, there are quite a few already out their. Binance is not really decentralised and only useful if you trade on one particular exchange. You are however right about Ethereum which is the blockchain with the vast majority of applications and uses. |
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These two are sure good altcoins to invest, and I also believe that both will be successful in the future, but I would like to ask the community here if which coin they believe will be more successful in the future. I also added a poll so you can vote, this would help people reading this thread to easily determine which coin is better.
Please share your opinion too on why you choose a certain coin.
What is it with all the pro Binance posts lately? Is CZ paying people to spam cryptoforums with pro Binance propaganda? BNB token should not even be considered a cryptocurrency as it is not decentralised. |
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Not to take anything away from your efforts but I think your list reflects the fact that there are not really any good bounties anymore. If it was 2017 I could not see myself promoting any of those bounties. If you want to make money in 2020 you need to find some other way.
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Halving events are poorly correlated to Bitcoin bull markets. Expecting a reduction from 1600 coins a day to 800 coins a day to have an impact on a market of 18,000,000 coins is a bit nonsensical. The only thing about it that had any effect was the hype.
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I think that your premise that people are only looking for speed and free transactions is ignoring another attribute that people look for in a currency for transactions. Price stability, people using a cryptocurrency in a wallet to pay for things throughout their day would prefer a coin whose value does not change.
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Halving is a bit of a nothingburger for everyone except miners. They are the only ones that should see any real effect. Lots of machines will no longer make money and will need to be repurposed or scrapped. The fact there will now be an average of 900 new bitcoins produced each day instead of 1800 is not going to have any real effect on the supply/demand equilibrium of a market of 18 million coins. The only change users are likely to see is the smaller number of miners will probably mean higher transaction costs in the short term until the high fees bring more investment in new mining machines.
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The year so far has not been good for those that do bounties. Like many of you I am happy to say that I made a lot of money in 2017/18 just from promoting ICO's. But those days seem to be long gone. I have found something else that is making me nearly as much as I did then but there is more than one way to make money from cryptocurrency and I would like to what you are doing with crypto and if it is giving a good reward for your efforts.
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I imagined how most bounty participants and trader who are below the senior rank most especially those who do not know how to choose good/high rewarding projects if they would would have even made up to $1k in the past 1 year. How would they feel if they have nothing meaningful to withdraw at this pandemic period and just looking at their wallet helplessly. How much have you been able to cash out in the past one year.
Back in 2017/2018 I made over $50K just on bounties. But those days are long gone and likely never going to comeback. You can still make lots of money promoting various projects in the cryptospace, your just not going to make it by doing bounties for ICO's |
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"Teams must be transparent & successful, or else 100% of sold tokens are refunded & burned, thereby eliminating the project" source: https://daomaker.com/dycoTransparent and successful are subjective terms and open to human interpretation, this means you would still be at the mercy of human judgement and honesty. I would prefer a model where any refund mechanism is coded into the smart contract and lets the individual investor decide if the team has been transparent and successful. Release of funds for use by the team should be done in stages and subject to a voting mechanism based on number of tokens. Anyone who disagrees with the release should be able to refund their investment for 80% of the USDC held in their name by the smart contract. |
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The key is being able to adapt to changed circumstances. People are learning to do what they did in their office, but now from their home. Restaurants that had to close are finding new life in making food for take out and delivery. I got heavily involved with crypto during the ICO boom in 2017. But those days are over and I have had to find new ways to make money using the promoting skills I learned doing bounties. If you are a bountyhunter there is no reason you can't earn good money in the crypto space even today, you just have to accept that things have changed and make the change yourself.
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A reflection of the fact that people continue building new Dapps and that MetaMask offers a very easy way to interact with them. Forget ICO's, the way to make money with cryptocurrency is in Dapps. 2020 is proving to be a very good year for the Ethereum ecosystem.
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They are certainly big, but you would be foolish to equate size with safety. The safest place to keep your crypto is on a wallet where you own the keys. If Binance gets hacked, gets shut by regulators, or goes bankrupt, all your coins will be at risk. If you don't own the keys, you don't really own the coins.
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Hi, guys, I want to ask how do I avoid ICO scams...
Are there any good ICO's left? or is the market flooded with bullshit coins?
Unfortunately when you invest in an ICO you are completely at the mercy of the honesty of the people behind the project. I would recommend that if you do invest in an ICO you find out a lot about the people involved and ask them some very hard questions before you invest. Make sure they are who they say they are and that they actually have the skills and track record of success that will give you confidence they will be able to complete the project and manage investors funds properly. You would be amazed at the number of ICO's that raised large sums of money on the back of an empty Github and a flashy website and then disappeared with investors money. |
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Thank you hosseinimr93, I think iancoleman is a great tool.  In the exchange menu, i was looking to exchange my deposit in eth to btc. I didn't find available eth/btc pairs available. Seems that eth exchange is only available to be exchanged with ERC20 tokens supported by the wallet.
I am not sure but I think one of pairs must be Binance or its tokens. I think this is true. But by trying to swap from btc to bnb or another binance supported token, i can't find btc in the list of options. There is Bitcoin BEP2 [BTCB] or 3x Long Bitcoin Token / 3x Short Bitcoin Token. When i first thought to install TrustWallet app was for to make fast swaps i make regularly. I want also to ask if it's possible to synchronise my binance account with my TrustWallet app. You can connect your TrustWallet with Binance Dex but I don't think you can with the main Binance Exchange. Here is tutorial on connecting it to Binance Dex. https://www.binance.vision/tutorials/binance-dex-accessing-your-wallet |
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success? how can many projects from amazix only benefit bounty hunters and they always make investor losses but the funny thing is that there are still many people who are interested in their projects in 2018 and all the projects on the list are many scams because so far they have not provided any ROI to investors.
You can't expect 100% transparency towards the distribution of profit on ICO projects, the bounty hunters are aware of the heartbreaking situation too. I don't know the mentioned bounty manager but approximately 80% of the bounty campaigns failed on the way to ICOs. Yes, that lack of transparency and people running off with the proceeds is what has killed off the ICO market. Most people understood that ICO's carry risk and that the project might fail for legitimate reasons even if the team do their very best to try and bring the project to profitability. What they don't understand is people taking investors money and then do nothing but pay themselves exorbitant salaries. That is why I now put my trust in the code and not in the people. |
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Ethereum is doing better than Bitcoin lately so I don't think you can explain its rise entirely with the Bitcoin halving. I think a lot of the positive sentiment is tied to the further development of the platform with ETH 2.0 on the horizon and the fact that people are building some very interesting projects on the back of Ethereum Smart Contracts. People sometimes forget that Ethereum is not just a Blockchain for transferring value and doing ICO's, but is also the main platform for DeFi projects.
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