Latest posts of: nwosuchristabe2

Quote from: ning_aric on May 10, 2019, 10:11:46 AM

Most Asian countries are interested in crypto. Put them way ahead of adoption. Most people here hold cryptocurrencies and I’m pretty sure that’s home to whales and trades. BCNEX coming from same continent is great.

I'm in agreement with the idea that most people in Asia countries are interested in cryptocurrency. We've heard several about the influence of Chinese government and citizens on cryptocurrency. I also learnt that Satoshi Nakomoto is from Asian countries.

It's great to know that despite the fact that Bcnex team are occupied with developing the project and conducting the tokensale, they still find time to update the community weekly on happening about the project.

Quote from: Pricebrianer on May 08, 2019, 09:33:26 PM

The way I see it, the bears have had their time, and it’s time for the bull run. It’s a good opportunity to get cryptocurrencies at the current discount, to be a part of Promising ICO project. Just have to make the right choice, and exchanges get to do well in a bull run. Good luck BCNEX.

Bitcoin was able to break the deadlock of 6,000$ and that's a good sign for the coin market capitalisation. It could be a sign of the bull run which I believe is overdue. The bull run would also contribute to the success of the token sale of Bcnex.

Quote from: charlop24 on May 08, 2019, 07:56:27 PM

Bcnex really need to learn from the experience of other cryptocurrencies exchange. They should ensure that only top notch security equipment and facilities should be installed and consistently updated, Because it seems that the hackers are always a step ahead and use better resource to carry out their evil enterprise, Bcnex really needs to get it right from the beginning to avoid making same mistakes as their predecessors.

The issue of learning from the mistakes of others is important, but hackers seem to always have their way. It bores down to the issue of risk. There need to be some control procedure implemented by Bcnex to ensure that the hackers don't have access to large sums. They could utilise offline wallets to store large amounts of funds.

Quote from: jumiapaul on May 08, 2019, 06:52:55 PM

From every indication, its clear that BCNEX has a great product to offer in the cryptocurrency exchange industry. It would be highly necessary for the team to be aware that the exchange industry is very risky and a good target for hackers. We were astounded to hear that binance lost over 7,000 btc to hackers in a single attack. This amount is over 40 million dollars and could render many exchange platform penny less.

I was scared to my bones when I heard the news. I have been warned severally never to leave funds in centralised exchange because of eventualities like this. I felt really bad about the incidence and hope that the exchange would bounce back soon. It was a huge blow to the binance team indeed.

Quote from: lupinvn on May 07, 2019, 05:03:27 PM

Do anyone feel the ICO of Bcnex has a little slow if compare to others? I mean, I don't understand why they haven't bought yet. After few days of analyse, I'm impressed by the project, the team is working hard for this. But maybe their marketing campaign is not suitable in this moment.

I personally don't think the tokensale is slow owing to the fact that there's still over a month left for the process. Most persons prefer making more findings about the project before committing their resources to the project, others prefer buying in bits to reduce their risk exposure. I believe the token sale is going smoothly, its difficult to have a tokensale completed in few days now.

Quote from: NightMar_1St on May 03, 2019, 01:38:25 AM

As you all know. now more and more crypto projects are born. So does crypto have inflation and lose its original value?

One of the tenets of cryptocurrency is that its not affected by inflation.
Inflation is definited as the continuous increase in the price of goods and services without a corresponding increase in the value of the money.
Inflation basically affects the fiat while cryptocurrency is affected by volatility of prices.

Quote from: ziac on November 16, 2018, 05:59:43 PM

I was once an investor had few gains to some ICO/crowdsale but made many losses so I decided to stop participating in ICO instead I do bounties and buy it thru exchanges from bounty hunters dumping it.

I know for a fact that most of you know this situation and are guilty of it, price tends to tank due to bounty hunters selling their share of tokens for cheap. I think its better to pay hunters in eth or other alts rather than risking the price of their token or coin in that way they could also help their investors and boost confidence to their future and their project. Well for me a falling price is a mark of a failing project "ICO's"

I don't agree with the fact that prices tank solely because of the dumping effect of bounty hunters. There are so many projects that distributed their bounty rewards after a number of months of trading, but the value still dropped substantially even when the hunters haven't been paid.

I personally don't see that happening. It's a known fact that ripple isn't a cryptocurrency and due to its crazy supply its difficult to surpass bitcoin. We all know that bitcoin holds above 45% of the market capitalisation and its difficult for ripple to beat that.

It's 25$ XLM that's been given for a while after completing the kyc on your blockchain account. In my opinion, this contravenes the principle of anonymity which cryptocurrency is meant to achieve. If you believe that your privacy is worth 25$, then go sell it.

Quote from: Gaaara on May 04, 2019, 04:04:52 PM

To me ICO and IEO are somehow identical only the main difference is that things are easier in IEO, the question is does making it easier change the overall view of perspective regarding investors or its just the same making IEO a faster or more convenient version of ICO, it bothers me a lot since for me making it more convenient is a side grade more than an upgrade since it just offers extra utility and it does not make IEO better than ICO.

Tell me what you think, is IEO better than ICO or they are just the same with only difference in method.

It's an obvious fact that , IEO and ICO are geared towards accomplishment of same result which is token sale. IEO sprang up as a result of the inability of many projects meeting their targets with ICO. So they needed another avenue to 'confuse' investors to buy their tokens since there's a higher chance of getting listed in an exchange.
In my opinion, IEO is a better avenue for token sale compared to ICO, because there's a third party involved which serves as an Escrow, that's the exchange.

Recovery of losses is on the lips of almost every cryptocurrency Enthusiasts. The industry is very dynamic and volatility is a great issue which is the architect of most losses. In my opinion its best to invest in a suitable project which has the potential of giving you a high yield within a long or medium term.