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Your story looks too real to be debunked. I cannot really fathom if you are speaking the truth or not, but if you were actually a victim to this, it will be better for you to just to learn you; lessons straight up. Seeing that some people still fall victim of this, is quite surprising to me.
Also, do you know why I thought this is a cooked-up story?
You said you are new to crypto or that you are a newbie and yet you could write so well in blockchain terms. That made me feel you know a lot and that probably you are just eager to beg, but in a dubious way, for ETH from people, who might be easily touched by such a pathetic story.
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Investors cannot total avoid scam projects. Some of them would have collected the fund they wanted, list their coins on the exchange, but at the end, refuse to develop their products as promised. That is another height of scam, which might not appear to be cam projects. A lot of them are still in operation. If I do not know or trust the team, I will not invest and neither will I participate in such a project in any form. So many of these scammers are on the run and today, we hear nothing about them, except someone tries to bring up the case again.
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Of what good has other social media coins done to the crypto space. Facebook was rejected its place. Telegram, which has GRAM, I am still thinking of its impact, which I am yet to find. Anyways, I see it as a way of bringing in more money to their network, which might be good for them. It would have been good if their sole aim is to bring in more adoption to the crypto space. Other are likely to emulate the same idea, which I will not be surprised to see. |
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My opinion might be quite different. I have noticed that there is actually no coin that cannot pump so high and this can happen through intense hype. The only difference is that some or a lot might be shortlived. So, I cannot argue that XRP cannot pump so high. However, my concern is that it would have been done on some investors who would join in investing later before they realise that they have made the wrong decision. Also, I personally have a lot of reservations about XRP, which is why I have not added it to my portfolio.
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I have seen some information about the project some couple of times and i feel it is good, due to its stability and the ability to grow with respect to time, but that will be long term based.
However, considering the experience I have had with some projects, I would advise you to invest what you feel you are capable of losing. Even if the project does not want to scam investors, they might have oppositions, who are ready to go to any length to spread FUD, which might affect the project.
That notwithstanding, the project is still looking good.
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This guy is a real genius. With what I have seen and read about you, I respect you and respect your ability to provide an astute and reasonable service to whatever project you manage.
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The complaints on BCNEX withdrawal seems to be increasing on a daily basis. I would not have agreed there are problems being faced by traders and investors alike on it, if not for the fact that no one has been able to come out to debunk that. Almost every user seems to have one issue or the other. I had a little trade on it, but it was below $50 and I was able to withdraw without any hitch. So, I could have agreed with what @chip1994 said.
I would advise you withdraw your funds gradually and never go back there to incur more losses.
Accept what has happened as one of those hurdles to need to scale through in the crypto space, particularly with some exchanges.
On the ide of BCNEX, their storyline would have been so good, but for what is happening, they are already losing investors.
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t is very good to take precautions to defend your assets, however taking into account that no protection is 100% guaranteed.
Unfortunately, if a hacker really wants to enter your computer, there is almost certainty that he will succeed.
So, be careful.
Above all, not to notice ...
You can still be sure of protection, at least by 99.99% if you are able to use an hardware wallet. If you can be careful in not giving your pass code to someone else, then you are safe. Giving it out is bridging your security. Then, you should also try as much as possible, not to reveal your worth to anyone, maybe out of pride or anything, because that might make you a target. By virtue of this, professional hackers will not rest, until they get to the root of your security. |
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It seems that the price of Altcoin has stopped in one place and is getting lower. If the price of Altcoin stays at that fixed point, then it is very difficult for the price of Altcoin to fall. If the price of Altcoin now becomes too high, then people will start buying more and more, which will cause the price of Altcoin to go up. Is that right?
This assumption might not always be right. The growth of altcoins these days, most especially having a significant growth, is limited to individual milestones. Some altcoins that have been able to reach and achieved significant milestones, where the true picture of the project is brought into picture, those are the ones you see with real growth and they are able to attract new investors. Therefore, I will suggest you do not generalize, but do your research on each separate entity. |
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~
The coins invested initially that led to loss, might be as a result of some mistake made. Before switching over to another, which you feel is one of the ways that will bring about the recovery of lost funds, it will be better to look back and try to see where you have made mistakes. Not realising the faults with previous investment that went bad, might make you to repeat the same mistake. Afterwards,you can now work on how to avoid repeating the same. |
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This is the time, everyone should remove the bad influencer, fudder, negative minded people from life! When bitcoin had a long bear run, even when it's price was 7K USD, many people kept saying the price will be 5000, 3000 very soon, sell now and get out! But a true believer knows that Bitcoin price will bounce back soon or later. Now we are in a good position in the crypto world, so, this is the time to ignore fudders and keep confidence in yourself. Today CZ tweeted about it and that was very related to me. The negative preacher can break us a lot, so ignore them from now!
Yes, they can get you confused, instead of being convinced and if they are to convince you, it will still be on a negative side. Cryptocurrency generally is basically on your decision, if you truly want to make a good fortune out of it. Invest in what you believe in and follow up to later. What is good for Mr F, might not be good for Mr G and if it is not good for Mr G, it does not make it bad. It might just be that he does not understand how it works. |
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I think you should also give credit to the Op of this thread because the thread you made reference to is quite different from what @pacman7331 is saying. That an exchanged was hacked does not mean it has shut down. It was reported that Binance and several exchanges got hacked in 2019, but they never shut down. Also, your reference only had updates that stopped in 2018. If someone else comes up to continue with an updated list, it is also fine. So, from my end, I am saying thanks to @pacman7331, for bringing up an informative thread as this. |
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@fib1012, you gave good advice. Almost everyone is aware of this, but you know, the common problem with lots of investors, most especially retail investors is lack of patience. If you are going to invest in altcoins, irrespective of how much it has plunged or how high its position is in the market, if you lack patience, you might end up losing.
Imagine when the market was bleeding and almost all altcoins, including BTC, had seriously gone downtrend, some of those who invested when their prices were high, I am sure would have sold at loss, which is a plus to whales and astute investors.
If we, therefore, can be patient to see the market mature again, it will definitely be a gainful investment. Although, you also have to be conscious of greed.
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Attaining $10,000 should not be a problem. If it can rise from below $7000 from the past three months to $9,000, the journey to a higher price will not be a problem. Also, we cannot yet call it a bull run. If it approaches $20,000, then it has started, because it must be higher than the previous ATH.
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Although people may have their reservations on Yobit and might be sceptical about their exchange, since they still pay their bounty hunters rewards for the service provided, participants or forum members will prefer that to an unpredictable ICO project. I do not even think there are still ICO projects, rather most projects are planning to run IEO on exchanges, except that most of them cannot be rusted. If the IEO is not done on a reputable exchange, then you have to be mindful of that.
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An exchange that has just come up newly is likely to have some challenges to face, part of which is trading and withdrawal of funds. BCNEX has not stayed for long and I do not think they will want to jeopardize their efforts, with whatever mount they are holding now. If they had the intention of scamming, I believe they will wait longer to attract more, because such is still possible, owing to the fact that people believed i them at the initial stage.
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@Abiky, it is possible. How this could work out is to just simply create a digital version (coin/token) of the name of that gas. To, however, give value to that coin is to simply back it up with the gas, which is a physical asset, after which liquidity can be provided to ensure that the price is stable and that it correlates with the price of the gas in the market. This same coin can be listed on exchanges for traders to trade them.
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At first I was hesitant opening the blog post, but after changing my mind towards that and opening it, I discovered that there are truly so many ways to go in search of crypto jobs. However, recently, I discovered that being a bounty hunter alone could be very limiting. you can simply apply for a job as a moderator or admin on any of their social media channels. With this, you might have a consistent income, instead of waiting for months on bounty before getting your reward.
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