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Alternate cryptocurrencies / Altcoin Discussion / Re: Will every crypto coin survive?
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on: August 18, 2018, 01:26:39 PM
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This is a great question that can be tackled from various viewpoints. Let us say we are taking out any scam project and talk about actual projects that have an honest development team behind them. Well, not all will succeed because they may have a serious team behind the development of their product but not all products are accepted by the society. That is when some of the coins that their product do not really serve a social need may go into extinct.
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22
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Alternate cryptocurrencies / Altcoin Discussion / Re: SLeepless nights doing bounty campaign is it worth it?
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on: August 18, 2018, 01:07:04 PM
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Well, the issue here is that there are people from every corner of the world here and some of them, bounty earning might be better than keeping a day job or working for your boss. The only challenge is the scam projects that we have all over the place and one can work for months and at the end get screwed up. Apart from the scams, I think bounties are not that bad in terms of earnings, it is just that the current market situation that has made everything not so attractive but we need to take heart because better times are ahead.
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23
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Alternate cryptocurrencies / Altcoin Discussion / Re: Bounty Hunters Dump Always?
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on: August 18, 2018, 12:45:06 PM
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This blame game must stop now if we all have to come together and move forward in cryptocurrency. It is not only the hunters that dump coin but also private sale investors are also part of this problem. But because people are always thinking that bounty hunters get tokens cheap, they always dump but that insertion is very wrong.
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24
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Other / Archival / Re: So many Bounties-Which one is trusted?
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on: August 17, 2018, 07:09:24 PM
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Well, nobody is actually a soothsayer that can correctly predict the success of a certain coin. So the question with most hunters is that which project can I trust.well you need to read and stop the lazy attitude or looking for bounties with a fat payment plan. Most of them normally turn out to be scams. So doing a good research about a project is always the best way to go all the time.
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Alternate cryptocurrencies / Altcoin Discussion / Re: All the bounty tokens can be sold?
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on: August 17, 2018, 07:00:45 PM
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There are some bounty tokens that are actually worthless sitting on my eth wallets either the projects could not simply hit exchange or they could not survive at all at the exchanges. whichever way, not all the bounty rewards that we receive can be valuable but that notwithstanding, the true projects are always rewarding and we cannot stop doing bounties because of the bad ones, we just have to be extra careful.
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26
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Alternate cryptocurrencies / Altcoin Discussion / Re: Eth falls
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on: August 17, 2018, 06:49:46 PM
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The price of eth is really shocking, all of a sudden the price of eth can fall so badly like that.bitcoin is also falling but the rate of fall in BTC is better than eth. Some months ago, the problem was with eth network, now that the network problem is solved, the other problem is a heavy dump in price. I do not really understand what is happening to my dear eth.
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27
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Alternate cryptocurrencies / Altcoin Discussion / Re: Shopping using crypto?
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on: August 17, 2018, 06:28:53 PM
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This is going to be one of the best ideas that crypto is fighting very hard to gain acceptance. Once people can use crypto to pay for goods and services, they will be willing to get on the train of cryptocurrency. The friendly nature it will bring to businessmen and women as well as customers will be very great and that will push for mainstream usage of cryptocurrency.
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28
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Alternate cryptocurrencies / Altcoin Discussion / Re: Why do lot of people hate bounty dumpers?
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on: August 17, 2018, 06:24:38 PM
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Well, sometimes I feel the pain of investors because most of them are always thinking that bounty hunters get tokens for free but the reality is that hunters incur costs to promote projects and hunters who genuinely worked for their tokens normally will not dump the price at the exchange. i stongly believe that the cheaters dump the price not the real hunters who have sweat to earn their tokens just like the investors.
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29
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: MARKET IS RED AGAIN
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on: August 17, 2018, 03:14:33 AM
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The colour of the market should not be a source of worry to us nowadays because it is normal but rather we should about the mainstream usage and adoption of cryptocurrency worldwide which be the diesel to turn the red colours into the green colours that we so desire
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34
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Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Bounties
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on: August 07, 2018, 09:26:49 PM
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The time it takes to distribute bounty tokens is really too long .Most bounties refuse to take into consideration the fact that hunters incur costs just to promote projects and need to pay their debts.Talking about data bundles etc .But some places like bountyhive is doing well on it that is timely delivery of tokens.
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36
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Economy / Economics / Re: Starting With Nothing in Bitcoin
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on: August 06, 2018, 10:07:48 PM
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I do not understand the meaning of nothing.Do you mean no knowledge in cryptovurrency or no knowledge that the person did not have .well with time the person gets to understand certain things in cryptocirrency or have money to invest too.
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37
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Economy / Economics / Re: Gold-backed crypto replaces US dollar
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on: August 05, 2018, 09:50:10 PM
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This could be one of the reasons why SEC is denying ETF because it will make cryptocurrency very powerful and that will render the dollar of its position. This could have financial and political drawbacks for the country
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38
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Economy / Economics / Re: Financial Crisis Will Come
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on: August 05, 2018, 09:46:58 PM
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Well ,a lot of analysts continue to predict doom for the financial industry.The predictions are many now and its hard for one to determine what to even do or which option to choose there is no good news at all.
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39
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Bitcoin / Bitcoin Discussion / Re: Crypto falls to lowest price since February – Why is BTC falling?
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on: August 05, 2018, 09:43:37 PM
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BITCOIN has suffered its worst day since February as the price tumbled, prompting fresh fears about the long-term viability of cryptocurrencies. So why is BTC falling?  In December, the crypto reached a record high of $19,511 (£14,588), the culmination of the hype over the alternatives to traditional currencies. Today, the price of BTC dropped as low as $6,498 (£4,858). This brings the downward slide for the year to more than 50 percent already. Why is BTC falling? Experts are citing various reasons for the massive drop in BTC’s value this year. There are the issues of regulatory concerns, dwindling transactions, sky-high power consumption, and criticism from the world's established financial industry. However, bitcoin and other cryptocurrencies have seen a sharp drop since South Korean cryptocurrency exchange Coinrail was hacked over the weekend. Coinrail, which is thought to have lost around £28m in the cyber attack, tweeted to confirm the hack on Sunday. Shortly after, bitcoin saw its value tumbling by 10%. This latest attack highlights the lack of cybersecurity and weak global regulations of crypto markets. Coinrail said in a statement that its system was hit by “cyber intrusion” on Sunday, causing a loss for about 30 percent of the coins traded on the exchange. The statement added: “Seventy percent of total coin and token reserves have been confirmed to be safely stored and moved to a cold wallet [not connected to the internet]."  “Two-thirds of stolen cryptocurrencies were withdrawn or frozen in partnership with related exchanges and coin companies," the statement continues. “For the rest, we are looking into it with an investigative agency, related exchanges and coin developers.” Korean police have begun an investigation into the incident. Bitcoin has been further hurt by damning reviews from industry leaders. Bill Gates, Berkshire Hathaway's Warren Buffett and JP Morgan chief executive Jamie Dimon, expressed their scepticism of Bitcoin and cryptocurrencies again last week. Warren Buffet has called BTC “probably rat poison squared.” A few big names, such as Twitter's Jack Dorsey and Apple co-founder Steve Wozniak, have thrown their weight behind crypto, but supporters from the finance world are a rarity right now. In May, the crypto sector found itself under increasing government scrutiny when the US Justice Department opened a criminal probe into illegal trading practices that can manipulate the price of Bitcoin and other digital currencies. Courtesy: www.express.co.ukWell,the curves are obvious but time will tell .bitcoin ETF has been one of the factors this year that is causing a lot of drawbacks in the market. If we are able to get over that hurdle,we shall entered a bull run that never happened in history .Things will turn around only time will make things right. |
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Bitcoin / Bitcoin Discussion / Re: Bitcoin ETF
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on: August 05, 2018, 09:38:44 PM
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Well ,it is true that bitcoin should have entered bull run without ETFs but unfortunately, everyone is waiting for that decision from SEC to start moving into the market fully again. This could take a lot of time.But in the long run,it will surely happen,bitcoin ETF is on the way.
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