I agree with your list but at the same time i see most of the new projects are holding their ieos at one of these exchanges and then listing their coin there as well which just dumps endlessly there. I know there is a problem but i think new projects are also helpless because big exchanges and IEO platforms do not accept them so these projects do not have any option other than to list on these exchanges, i think if the project is good and they come up with good product there coin will even perform well on these exchanges too.
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I think it is completely opposite to what you have said, after this epidemic is over crypto will be more liked and world will move towards adoption already we have seen many European countries have allowed banks to openly offer crypto buying and selling services this just goes to show that world has accepted the reality and legitness of crypto as a future tech and now we will move towards adoption.
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I agree with you and i think that it is an outstanding idea and if retailers and large franchises start using this type of tokens as loyalty bonus/rewards/coupons it will really be massive stimulus for the adoption of Ethereum network. I am sure eth developers will consider this and will soon come up with these type of token product.
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Even now there are bounties that do pay but you have to be now more careful and vigilant before selecting a new campaign to promote, you should now research each and every aspect of the project before promoting it just to make sure that you will not be scammed, this way your percentage of finding scam bounties will decrease.
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Well you can definitely make some money out of crypto market but first you have to understand how it all works. After you know about different coins and crypto market just pick a few good coins watch their previous value and then pick some from current low price levels and if you are not good trading just hodl them till the price pumps and then you can take profit. There are other options too which are free like faucets and bounty campaigns but currently they are not paying decent rewards but you can still try them it will be also good experience for you if you are free.
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Obviously people cashed out due to panic and fear from corona virus and they wanted to keep cash in hand to use if they or anyone in their family suffers from this viral infection and then again i think positive news coming from China regarding the control of virus spread the positivity back and marked recovered somewhat. Second largest effected country Italy is also taking now extreme steps and they are also encouraging use of crypto for payments rather than cash as a precaution where paper money can also be a medium to spread virus. I think all these steps will bring positive results in about 2 weeks time.
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It has still proven itself to be a better option if not the ideal but i think that if corona is controlled in April globally then real bull trend will start from may in crypto market and halving will prove to be a massive stimulus that will start a multi month parabolic bull run which is long awaited now.
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I think only hope for Eth to boom is after it will break over 300 and then 500 only then we will be able to clearly say that Eth is in a bull cycle or bulls are dominating in Eth pairs, unfortunately it seems a long time as we are trading in around 100 to 250 for eth for many many months now.
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I think they need to use all resources and technologies not only blockchain tech and that too at the governmental and healthcare level to cope with this pandemic as soon as possible because Italy has already topped the charts and it is one of the worst hit country in terms of deaths from coronavirus.
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There are many more that fall in that category plus you should also mention different bounty platforms created during the time of bounty boom, most of them are also dieing without good new projects and some of them never send reward tokens to participants. For me Amazix was biggest bounty management group that usually came up with the best bounties but it is sad to see even that one collapsing.
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Well even if this was one reason of the market crash be happy now because market has eaten up this heavy selling although the major selling came from corona virus panic selling which has also been controlled 100% in its originating country China as no new case has been reported today so yes things are getting back to normal and things are starting to look great for crypto market now.
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Time has proven that it was perhaps the best opportunity to enter at around 4000 when btc dumped due to panic selling it already 6400 today and it is expectecd that it will recover quickly from here, no doubt smart traders entered below 5000 range and are now in good profit already.
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I think limiting Eth supply should be a priority it will make it a purely deflationary coin and also investor confidence will boost as they will be sure that no new coins can be generated and dumped in the market and the most important is this will make the price to grow massively.
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I do not think so, although it is a great news for global crypto community but i think crypto trading was going on even after the ban in india because crypto cannot be simply stopped we saw similar things in other countries like China too but i think these things have little impact and rest assured soon all countries around the world are going to allow crypto as legal and legit assets.
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Unfortunately there is nothing much you can do about it especially if you are supporting the tech and believe in the quality of the coins you are holding, the only advice i would give to fellow community members is not to panic, this wipe will prove good and sellers will be washed away from the market and then we will see new highs coming soon in some months time hopefully.
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If you know about Pundix and their token npxs then you will know that it is a project that came in the market with the aim to provide fiat and crypto compatible point of sale devices called X-POS and their devices and business is working in many countries already and they aim to grow worldwide as soon as possible.
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Binance is really helping adoption by offering these local deposit and withdrawal options, i think as binance keeps on providing this service in more countries it will become easy for common people to enter crypto market and these are really game changing and practical services from binance that i really praise.
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Most markets will crash because all major businesses are effected and many even halted due to this pandemic outgrowth and panic situation globally, regarding crypto market i am hopeful that it will find support and will survive because i think crypto market will have less negative effect on value from here on because it has already dumped the most it can, this is my opinion and i may be wrong but i am hopeful about crypto market recovery.
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I think it was due to a combo of factors but mainly it was due to the panic and fear caused by coronavirus which spread quickly all across the world and people were threatened for their lives so they tried to sort of cashout to arrange for emergency or simply use their money before they die but i think it was pure panic and market will soon recover also this crash and volatility was triggered by big whales and market speculators that took advantage of the fear in the market and end up buying more cheap btc from panic sellers.
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I think it is because people want value out of each project and each of their investment, if someone is investing his basic aim is to profit and that too in the shortest possible time frame as possible so the project teams should always keep this aspect on their mind. Personally i do support projects even if they go ico prices during down trends but if they go beyong 10x below ico prices then there is something wrong and people will raise fingers including me.
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