In what world does 2 percent returns per day seem a fair offer . Many people would die for 2 percent returns per month and even that would seem too good to be true. Always remember that of a project promises fixed returns it most likely to be a scam especially if the returns are unreal .
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The signal peddlers as the Op Says are not new to this market. There have been stories of pump and dump schemes during the early days of Bitcoin when it was trading in the range of 20 and 30 dollar . There are also various telegram groups which lure gullible investor's into pnd schemes . Be careful
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There is no point in looking for prophecies where some one had predicted that something bad would happen to man kind or earth. There were so many bad predictions and books that obviously it will be coinciding with some event that would occur .So let's not panic and go by prophecies .stay calm..
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This is a system created to reduce the supply of the token in the open market there by trying to increase the price. While it's a nice idea to increase the price this must be accompanied by some good product and good token economics which demand the use of token and most importantly adoption of the product.
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I don't think the wealth erosion that we are seeing in crypto and other stock markets and even the price of gold is permanent. It is always likely to happen when there is some problem just like the housing crisis.people and big investor are withdrawing their cash and they will be back in when they feel there is a good chance of recovery soon.
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Altcoins season was always likely to take a long time coming but now with even Bitcoin and other established markets struggling and with JP Morgan predicting that we are likely to hit recession in this year we might have to wait for another two years to see the price recover to the previous prices.
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The price of almost all crypto currencies follow the price of the Bitcoin . Now the market condition is in a very bad state due to impending fears of recession and all the investors are pulling their money away from risky assets. That's the reason for btc going down along with all the alts. I expect it to last couple of quarters.
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I agree with your opinion that most of the bounty manager and telegram groups are dead now.there were even some websites back on those days with list of all bounties but now most project bounties are no longer profitable and bounty conpaigns take way too long to distribute the tokens and some even go without listing in exchanges .
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Most of the crypto currency are only available to be traded in Bitcoin when they are newly available in the market. The condition is getting a little better now as alternative currencies like eth and stable coins are slowly being used more and more . The trading volume in Bitcoin increase owes so much to this fact.
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Well yeah that's what they call marketing when they have some sort of business associated with it and a pure scam when there is nothing but mouthing of and making money just by creating hype. It just not only exists in crypto but you can find it in every industry and every city in the world.
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I don't see how any health care related projects especially in the crypto markets can benefit because of the current situation. I am very adverse against investing in crypto health care because I had a really bad experience in couple of medical projects one.being medichain ico. Yet to know where the company is or what it is doing.
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While you can never rule anything out it would be utter chaos if this were to happen. Then again gold is similar to Bitcoin in a way that it has value because people believe in it. So who knows maybe of more people were to start trading in the future we would see another bull run if not may be we are all doomed.
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Apart from the obvious ones in Bitcoin and ethereum you should have a look at vechain which has extensive partnership and real world use cases Which are already happening in their mainnet. Also have a look at Origin trail which is a supply chain project based on erc 20. Manadatory disclaimer that I have position in both .
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If a coin or a project jumps by a large scale like 10x or 15x out of nothing with no news about the project then it definitely is a pump and dump scheme. Look at the volume of the coin being traded , coins with low volumes are the ones which are most suspectible because it is easy to manipulate their price
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We are still in the teens where ico seem to be the main way to raise money because there isn't any regulatory requirements for it . Slowly we are seeing a increase in IEO , I think we will continue with the trend of IEO for this year before soem project breaks the trend and does a STO with all complainces.
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What else do you expect from newbie traders who have never invested in stock market but have directly invested large amount either through taking loans or their emergency finds during the bu market hoping to make a quick buck . When things didn't work out how they expected it to be they obviously panic.
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I wonder why they decided to go ahead with a public conference when the corona virus was spreading and all countries are cautioning..Any way I hope the people recover soon and the corona panic goes away soon so that the people can resume nor Al daily life activities and socialise Soon like before.
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Here we are and yet another panic thread during yet another crypto winter which is just starting..but this time it isn't just crypto winter but the entire world economy looks like it's tumbling because of the corona virus. Don't worry we will recover in a year just like it happened with the last time bbtc was under 5k.
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If you are saving for a house or something like that for which you need it then don't even think about putting the money in the crypto even on stable coins. Your best best is to put it in a fixed deposit or bank and get the house you have always dreamt of. Don't take the risk on something that's so important.
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It's hard to generalise and out it like that in a sentence. Yes right now altcoins are highly risky to hold as we don't know which coin will come of the bubble and last when the block chain and crypto industry standardises. But bear in mind that if you chose the right coin you will be in for a healthy reward.
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