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There's no doubt that the ethereum blockchain has been highly congested which has translated into increasing gas fee. In fact the ethereum gas fee hits an ATH of over 300 Gwei. It beats my imagination how the miners expects users to pay such fees especially when the value for the transactions Could be far lesser. I really do wish that something is done about this anomaly.
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I really can't explain how Dot token moved from position 2155 to position 10 in less than a month, it beats my imagination, because I know the total supply is about 200 million and its most likely that there are either whales holding the tokens or the tokens in circulation are reduced to help keep the value on check.
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I'm so sure that bounty hunters would love to be paid in stable coin. In fact the greatest fair of bounty hunters is working so hard for a project that may end up distributing tokens that will never have a market. There are several new projects that conducted bounties and their tokens are still lieing in my wallet without a value. If bounties can be paid in stable coin, it would make bounty hunting more lucrative.
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I'll love to insure my participation for a bounty, if the reward is fixed and the insurance would guarantee that I'll get my reward, but I can't insure for tokens rewards, the reward has to be in btc or ethereum, since I know those coin have a long term validity. Insurance would take care of the headache of ensuring that I get my reward, while I just wait for my payment at the end of the period.
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I'm of the opinion that it's not easy identifying every fake project. Some fake projects have successfully built up themselves to be difficult to track. I was duped by one popular project which happened to be an exchange. Bcnex exchange had a lavish ICO and everything seems right, until I woke up to find out that the exchange website was on maintenance before they finally exited. I never knew in my widest dream that the exchange was a scam, though they've been having delayed withdrawal which I felt was as a result of internal issues.
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We have different risk appetite, I know my risk appetite is quite low and won't like to put my funds into anything that is not very clear, I'll rather share my funds between reputable and trusted coin like bitcoin, ethereum, and other projects that have a sound market capitalisation. This would give me better satisfaction and peace of mind.
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Guys please be careful with bounty campaign threads that is self moderated by the bounty manager, it means you won't be able to ask questions or raise an alarm in the thread, presently it's what the bounty manager of ibidtowin project did. Most self moderated bounty thread are scam
You actually made a whole lot of sense, I guess it's best we watch out for self moderated thread especially for bounties. I doubt if the participants of ibidtowin would be getting their reward, though it's expected that the bounty should be over by ending of this month. The telegram group feels abandoned even when I enquired. |
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The use of Escrow in bounties would go a long way to prevent the issue of unpaid bounty rewards in the forum. I wish it can be made mandatory, both projects and bounty manager should be mandated to comply or loose the bounty thread. This would give bounty hunters a voice and their worth would be appreciated by projects.
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I was not surprised when I saw that coin market cap website is getting several unique features. This uniqueness is not far from the innovative effect of binance. I'm certain that more features would be added as I've noticed about 3 different additional features since the platform was secured.
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I don't think it's possible for an unknown person to send me that amount, most times it may be someone you've traded with in the past who mistakenly copied your wallet address. In a situation like that, I'll give it back because its unfair to walk away with such an amount.
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Holding cryptocurrency requires some level of understanding about the project. It won't be wise to go about accumulating tokens which may later become worthless. It's wise to hold and also take profit at intervals to keep one liquid. I've come to know that in this space there are no guarantees, bitcoin rose to $20,000 in early 2018, and still dropped to less than $4,000 the same year.
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The most promising new coin that I can say is the project that I'm wearing her signature. I can categorically say this because I know wings Inc. have other successful coin and this particular one called Dfinance coin is going to do exploit as its set up to help people accomplish their financial dreams by turning their financial ideas into reality.
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I can't possibly remember any project that paid after two years of completing their bounty campaign. I'm not saying it's impossible, but I know it's rare for projects to change their mind after years of not paying. My compensation for doing any bounty is the experience I had. I carry out every campaign, hoping for payment and doing everything in my power to ensure that I get the payment, but when it's not forth coming, I forget about it and move ahead. There are more hurdles to be crossed and better days are always, ahead.
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I must confess that this year hasn't been bad as bitcoin has experienced a substantial increase in value, the value of Bitcoin almost exceeded $13,000, but retracing to the present range we have now. Ethereum has also been a good source of excitement for many and there's still hope for the value to surpass $550 before long.
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Defi seems to be the new trend in the cryptocurrency space and several persons are joining the movement. Even as much as its awesome to join and get the best out of the market, its wise to be careful about your choice of projects to avoid issues and specifically its best to avoid pump and dump projects.
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I believe that every true and worthwhile success comes from hard work and there's no limit to what one can accomplish, if the foundation is well built. I believe investing in one's capacity to earn is way better than depending on crumbs. It takes value to attract wealth, so we need to give value in terms of our skills, Inorder to earn better.
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Defi projects has the potential to do great things in this space, but I don't see them with the ability to replace the traditional banking structure. This is because every independent country would like to be on top of the finance in the country and control the option for citizens. Most countries don't even have cryptocurrency as a legal tender so it would be difficult to inculcate it or replace the traditional banking.
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Both men are the best in their own stance but I personally see Vitalik as a sound developer and mentor for many in the cryptocurrency market. He has been continually developing the ethereum protocol since 2015 which was her inception and the ethereum has maintained her position as the second largest project in the coin market cap for as long as I can remember.
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