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The fact that this is convincing is scary. Thanks for exposing the scammers.
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I think I'll stick with Coinbase. The privacy is non-existent but that is the trade off for trust worthy transactions that I'm willing to make.
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I think the biggest thing that I see as a game changer is AI that can respond instantly to customer support questions or just general inquiries. It is very difficult for small business owners to run a live chat on their website unless they have a dedicated support staff that is available 24-7. Of course as AI technology and blockchains advance, you would be able to almost completely automate the full process of running an online store.
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We got so close to Eth flipping BTC at the end of last year and if that had happened, I think we would be in a different situation now, but it didn't happen. As of right now, BTC is king and is the crypto store of wealth. Everything bleeds when it grows. Now Eth could make a strong comeback and overtake BTC if they figure out scaling and real world cases for the crypto are implemented, but we aren't there yet.
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I think for me personally the most frustrating part of the crypto market is seeing my investments not change in sats or vits, but watch the $ value plummet regardless. Yes I understand that the value is based off of a pairing with a different coin and that coin impacts the price, but it sucks to know that the project isn't any less valuable, but only that the market has decreased and crypto as a whole is down.
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I'll suggest to you that Privcy is a great coin to hold. It is a privacy coin that has just recently launched (they are still in the airdrop phase). There isn't a large group of whales because they didn't do an ICO so it is more fairly distributed. The whitepaper is due to come out soon and the roadmap is packed full of objectives (which they have been hitting along the way). The community is great and I really think this coin is going to explode in price once the market bounces back. Disclaimer: I participated in all of the airdrops so far and have invested BTC into this project but that should be a given if I really believe what I said.
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Blockchains have the power to change the way our society functions if we can figure out the scaling and ease of use part. The decentralize ledger can change not only commerce, but logistics and democratic processes. We really are at the beginning of this thing. For those that are saying quantum computing will make blockchains useless... we aren't even close to figuring out how to do that. Not saying that we can't figure it out, but if we can control quantum mechanics, then our species enters a whole new realm of technical possibilities that are beyond even the blockchain.
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I felt like a fool who was caught up in the euphoria and greed. Totally my fault.
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Adshares was probably my biggest regret. I lost 80% on that sucker.
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Lot's of promising ICO's have been dumping to half the ICO price as soon as they hit the exchanges. I'd wait to see what happens if you are wanting to join in on an ICO. During a bull market, that is not the case but we aren't in a bull market right now.
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May I also add... How to lose more (possibly all) money than the market:
1.) Margin trading w/leverage
You could spend months and years building up your BTC account and 1 flash crash or flash pump can wipe it all away, even with stop losses. I've seen people suggest to not go above 15x on leverage. If you have high leverage, many times your stop loss will not trigger before you are liquidated because the system is flawed in a way that they get your money. Remember, the house always wins.
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But does ApolloX have the logistical backbones in place to provide the same level of service that Amazon FBA can provide? As someone who as dipped his toes into selling on Amazon, the top reasons to sell through that platform is 1.) They get tons of traffic so your product has a much higher chance of being seen and bought, 2.) They will manage the shipping (via prime) for you for a fee and that fee is generally worth it because people want their orders fast. If ApolloX has not considered these things along with their blockchain product, I don't see how they stand a chance. Not trying to discourage the project, just offering some insight that others may not have.
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Insurance in general and crypto do not mix together. In order to have working insurance, crypto has to be more heavily regulated, which defeats many of the points of having crypto in the first place. It is crappy but if we want a truly decentralized currency, things can't be insured.
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Yes many coins are just people looking to cash in quickly off of the backs of people who also hope to get rich quickly. That doesn't mean that every project is a scam but it does cast a dark shadow on the entire emerging market. ICO's have been great and have been devastating for crypto. It greatly accelerated the boom and bust cycle.
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I'd like to share this story that relates to your meme... I think it is true in all things
"Once upon a time, two little frogs fell into a vat of cream. They knew they were going to drown for it was impossible to swim or float for very long. For a while, the two frogs kicked around in the cream, but it was useless; they only managed to sink down deeper. Then one of the frogs said: “I can’t take it anymore. It’s impossible to get out of here. I can’t swim in this stuff. And, as I’m going to die, I don’t see the sense in fighting so much.” Having said this, he stopped kicking and drowned, quickly swallowed up by the cream The other frog, who was more persistent, or perhaps more stubborn, said: “It’s impossible! I can’t do anything to get out of this. Nevertheless, although death is near, I’d rather fight until my last breath than give up.” So, he carried on kicking and splashing for hours and hours, but didn’t move one centimeter from the spot at which he started. Then suddenly, after kicking, beating, and stirring for so long, the cream turned into butter. Surprised, he hopped to the edge of the vat, jumped out, and went home, croaking happily."
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Market Cap is not a firm number of money that is invested into crypto as other have stated. On a different note, the lower the market cap is, the more opportunity YOU have as an investor if you believe the market cap will be increasing in the future.
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I think the most valuable will be led by ETH. Even though it has taken a beating, it is the altcoin that created the explosive market that we saw in 2017. IF XY Oracle can get there project working, they will take over everything as they will replace the need for GPS satellites using blockchain technology.
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Yes I care very much about the product. Hype will come and go but having a purpose is the only thing that will keep the technology moving forward.
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Sorry there are so many negative experiences. Airdrops are much like ICOs in that many are not going to be worth participating in. Of course this will come off as a shill, but the only airdrop I've actively participated in is Privcy. The reason why I think they are doing a better job than most (besides the devs and community actually caring), is because they spread the airdrops out over 20 weeks and you have to be engaged to continue to participate. If a project can't be bothered to do more than a couple airdrops, how can you expect them to stay focused on the project they are working on?
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Unless you are technically proficient and you read many other whitepapers, this won't be a reliable way for you to separate the scams from the legit projects. The main reason is they could easily plagiarize from several different other projects to create a patchwork whitepaper that reads well but is just to help sell the con.
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