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The thing is; the market is in such a condition that doesn't favour new projects because people are always skeptical to invest in them due to past scam and fraudulent experience they had and the use of IEO as a fundraising scheme dosen't really favour start up projects that doesn't have a team tgat is financially sounds as listing IEO on top exchanges requires huge money so low cap projects often settles in for lesser exchanges where they won't be able to nlraise any tangible amount. Another thing is quality projects that can afford listing on good exchanges dosen't need bounty promotions any more
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Fake project is really frustrating if you're one of the victim especially for investors and bounty hunters.
I had read an interesting way to make sure the project is real. You can identify the project is fake by it's address of the company who is running IEO/ICO. Fake project would be indentify with this way because they put fake location. You can check it with google maps to verify if it's real.
So how do you indentify if the project is fake?
This is indeed a good way to verify the guenuity of a project as google map and other onlime map platform has made it easy to check any location almost everywhere in the world. checking out about the team is also sure way to verify a project because often atimes, fake project do use names of people who doesn't exist at all and if the linkedin profile of the teams are new, that's also a sign they might be scam |
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I have 15000 LEDU token to sell. I deposited those on the DCOIN exchanger and placed sell orders. My order was the bottom of all the orders. After a few hours, I noticed some orders in the history that have been sold for lower rate than mine.
After that, I keep watching the exchanger and noticed that buy orders are coming in order history I mean in history it's showing that someone is buying tokens lower than in my rate. But at that moment there were no orders lower than mine. How is it possible? are they using bots for showing fake volume??
Can anyone explain?
The only reasonable explanation to your ordeal is that Dcoin is shitty exchange filled with bots, they are known for wash trading, fake volumes and any sort of trade manipulation you could think of. Only shit projects chose them and that's why traders always tried to avoid using it. I suggest you should more credible exchanges if your coin is listed on any |
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^ I'd forgotten about this self-imposed challenge  We know that he backtracked but I just want to remind everyone that even crypto personalities can't predict the market and they get it wrong most of the time. Do not fall for their "expert" opinions. Some of them are paid reviews/opinions anyway. I think no one take McAfee very seriously anymore in this space, everyone who has been in this space since 2017 should have had enough of shilling and unrealistic predictions. He's known for making baseless predictions such as this, no doubt there's a huge potential waiting for bitcoin and it is a sure fact that it will grow in price but no one can actually predict it's price as it is being driven by law of demand and other factors too |
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This is what happened in 2013-1014. Bitcoin has a design flaw (increasing blocksize) that makes it distribute mining rewards unfairly, so the miners started merging into mining unions to agree about sharing the rewards equally. The largest merger was named Blockstream which pretty much controls all Bitcoins miners and developers.
Your opinion might be true but you should have back it up with facts, there are certain flows with the blockchain network but i don't think the main vision and concept of bitcoin is highjacked.... Miners teaming up to optimize their profits dosen't mean the entire bitcoin network isn't decentralized again... Almost everything still works fine and the network seems to be attracting more and more of people looking for financial freedom daily |
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I really like justin and his projects but pulling up $1m bounty to get twitter hackers seems like publicity stunts to me but then again, history shows justin is always against hack activities as he once tried to offer cz_binance some funds to increase liquidity during binance hack which cz delimed. So it might be just in his nature to always advocates againt fraud
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Lately, we have seen a lot of investors and crypto speculators saying that bitcoin's price movement is somewhat boring because it has been trading sideways for many weeks now. But I want to share something a similar incident or some scenario from the past. It was 9 years ago, early market's early stages but there's a pattern already. So this is a good time to remind everyone to just HODL and wait for the market to do it's thing.   https://twitter.com/rockerest/status/91885405368098816This market is still new and i believe we are still yet to see it full potentials, but with the way people are looking for financial freedom, i believe bitcoin and other cryptocurrency are on the right path to massive adoption. The current price of bitcoin does not define t it's potential yet but i think with time the market will get there and every believer who hodl very dear will smile shortly no matter how pretty slow things seems to be. |
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Guys, do you think that ICOs could make a come back? I do and here is why. Every year dozens of companies raise money in Silicon Valley for startups, many pre revenue. Also, with the economy injured from nCov19, it would make sense to allow for new economies. This would include letting new startups in Blockchain raise money, and imo if they are well vetted, and trusted by the community, they should be allowed to raise money. What do you think?
The time of Icos are over and IEO has taken over and i don't think the game will be changing any moment from now because major exchanges that host IEOs seems to be listing only credible projects with lots of return potentials and that's perfectly what investors and traders wants instead of ico that can hardly be vet to know the credibility |
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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?
The entire crypto market has had enough of ico scam and bullshit and even the developers are aware of it, reason why all of them are choosing IEO instead of ico for raising funds. I think you should forget about icos too and focus on IEOs on reputable exchanges if at all you are most interested in investing in start-up projects |
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You want the best for your new project? I am strictly pointing at these exchanges because they are now intentionally supporting bad projects without remorse, these following exchanges never have any good results on IEO projects since last year's now
1. P2PB2B
2. Vindax
3. Exmarket
4. Bitcratic
5. Latoken
I wish these exchanges can just disappeared from the face of crypto space forever, developers smarten up and go for better exchanges unless you are a scammer yourself because these exchanges are now scammers den.
I can't agree more, these exchanges have proven time without number to be supporting and listing majorly scam projects who often pack up after raising money from investors. Another of them is probit, although probit seems to have a little credibility, but of recent most coins listed there aren't doing well. Everyone should avoid projects involved with these exchanges |
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So many smart contract platforms have emerged over time, ramping up the competition for ETH. Some have claimed to be the "Ethereum Killer" (like EOS), only to fail altogether. While none have been compared to ETH in terms of decentralization and reliability, there are some projects which aim to base their development on an academic level. One of those projects is Cardano. With a focus on PoS and decentralization, it could become ETH's biggest contender in the future. Other projects like EOS and TRON may have already adopted PoS, but they're inherently centralized. Which is why, I strongly believe that Cardano could topple ETH in the not-so-distant future. What are your thoughts? Will Cardano become Ethereum's biggest contender? If not, which smart contract platform do you think it will? Your input will be greatly appreciated. To certain extent you are right about one thing, developers seems to favor the usage of ethereum blockchain more than others possibly because of the popularity as well other reasons but EOS blockchain isn't a fail project and it's working perfectly fine, it's actually The best for building gaming related Dapps as well tron network is a good alternative as some folks are actually saying its more scalable and has more throughput than eth currently. The thing is, all of these blockchians are really a game changer and each of them has the potential to thrive effectively in the market |
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How would a global recession affect cryptocurrencies?
Every investments option out there works hand in hand with the condition of the global economy and every business, even the volatile ones such as bitcoin thrives only when the world commerce is thriving. When the world is in global recession, it affects the force of demand and supply which controls every market |
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Amazing innovation by the way , lets see if it works ..
Truly quite a nice innovation toward ending human error in making irreversible bitcoin transactions but i think most errors do stems out as a result of people being too lazy to cross check transactions before broadcasting it on tge network. I read about how it works but damn, it's quite a process as you have to make a transafer to some some sort of wallet called safe address prior to sending it to desired recipient with a preset password that which you'll give tge recipient to enable them claim the asset |
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Hi
It's a bit strange topic and situation so a friend of mine passed away in a traffic accident and I'm sure he have big amount of saved bitcoins in his wallet or wallets.
His parents a bit old school and they know nothing about technology or Bitcoin
So I want to tell his parents about it as probably his private keys is saved in his personal PC or email or his phone or some paper
And no I cannot go to meet them as I'm in another country now but I have his father's phone and another friend of mine living close to them
So do you guys think it's a good idea to tell his parents about it ? To search of they find some twelve words it's a key to some hisen coins ? Or what do you guys think?
Really sad hearing about the passing of your frend due to traffic accident, may his soul rest in peace. I think you are obligated as a friend to make sure his family knows about owned bitcoin and perfect way to do it is try as much as possible to pay the family on condolence visit amd tell them about what your friend was upto with bitcoin and if you can't get to their country, you should probably get your other friend in that country involved so that he'll be able to explain better to the parent of the deceased |
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