Maybe because we are in a global economic crisis and the price of bitcoin is falling so everyone says that crypto is also affected by coronavirus, even if there is no corona we don't know what happens to crypto
The global economic crisis should not be the main reason to make the price of bitcoin crashes today. There was another reason too. It looks like we must check to the crypto news site to make sure if there was another news that brings a bad sentiment to the price of bitcoin. This is always happening. |
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It is clear that the purpose of unfinished projects that are launched on the market is to trick potential investors. We do not have to take the risk to invest in such projects. There are many completed projects, which started it were real projects, but over time it turned into SCAM projects, due to the greed of the project team. One such case is the MiracleTELE project. So what claims can we have as investors for unfinished projects? I do not recommend investing in such projects.
The problem is we need so many awareness to make sure the newcomers will not be trapped on such scam project. I have seen so many newbies were getting trapped caused by they didn't know where is and how to get the best awareness or at least the result of analyzation about the project. |
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TPS is not a big problem since it can be solved anytime but the problem is how to bring the hype for ethereum again and the main aim for ethereum 2.0 to decrease or even remove the inflation that has already become the main problem for ethereum since a long time ago.
I didn't expect big from this update but just bring more valuation to the ethereum will be enough.
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Well said, even when i get a project then i do analysis long time with i check their (roadmap, team profile, partnership, telegram, activity IEO/ICO planing). I get low scam project list but more time i face failed project their token sales.
It caused by the majority of projects who are failed on their token sales caused by they have no strong vision that can make investors wanna try to buy their token. This already happened so many times when a project failed to reach the soft cap. I have seen it so many times dude. |
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That's a very good news to hear. I have heard of the inclusion of Nigerian Naira on binance, but I didn't know some other fiat currencies have been added. However, this crash is not a good news because the exchange is trusted by multitude and they need to do something to prevent future occurrence.
It has been 2 weeks since this thread has already created and it looks like you must see what already stated my OP again. That crash means crypto has been getting a lot of attention and there must be another trusted exchange site that can be trusted like binance. |
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What's going to happen if CZ and binance start getting rid of some projects on Coinmarketcap? Especially those with bad volume and Liquidity and also dead projects, because many are on coinmarketcap, what do you think this will do for crypto space? Will it have any impact or not?
I don't like the idea of Binance taking over coinmarketcap because coinmarketcap in the first place is meant to be on its own so that there will be fair treatment towards all projects in this space. In my own opinion, it is the duty of coinmarketcap to set out strict rules which will force out bad projects and those with low volume as well as enforcing exchanges to do the right thing, it will be tough but will be for the good of everyone. If Binance manages Coinmarketcap, I think we will still be fair, do not worry Binance will abuse it because they are completely transparent. We can be confident and trust them, they have never let us down for years CMC will be operating independently without direct intervention from binance. Im not sure if that will give a direct impact to the crypto but i just hope binance can remove all of the crap platforms that are still listed on the coinmarketcap. Maybe this will not affect so much but that's enough to bring back the golden time of CMC |
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This is good information, OP i just hope that you can try to add or create another column to be used for the list of the dex that has ever got hacked by scammer. I have seen some dexs in the past were getting hacked too. It's really important to make the newcomers aware of this.
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It's not real volume and you must not believe with anything that published by yobit. As far as i know this exchange site is manipulating everything. This token is officially created by yobit itself and i think for the next days and you will see the price for this token will be worth zero value. |
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Our only solution is to beg the bitcointalk forum admins to device means if catering for bounty hunters especially when it comes to payments. I see some threads calling on the admins to provide means of escrow to hold hunters payments and pay when campaign is over. If the forum admins can listen to us then we have hope.
Those are not the best solutions, if they can do as your request, then you will most likely receive valuable tokens and you can not sell them at the exchange, you should Hopefully those projects will succeed in this market and they will distribute tokens to bounty That's true if the real payment for hunters will have determined by the price of the coin. i have seen some people have received a lot of money from tachyon caused by it has listed on the big exchange site. Escrow and exchange sites are the main keys in the bounty. The only solution to get the best one. |
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I see that, a non-sense coin with a crap mechanism that used various creatures. Each scammer will have various projects, As far as i know, if they will be creating more and more coins to scam people. I have experienced to see that more than a hundred times. People must be careful with any new coins. |
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Surely the COVID-19 outbreak will impact the crypto market as most of the countries are locked down. Although the working of the entire crypto market is based on the internet, this virus has changed the sentiments of people and the glance towards investment.
Still hoping a surge in the market due to halving reward but not as expected earlier this year.
When a lot of countries are getting locked down and there was no reason for them to not use crypto at all. They will be prohibited to go out from their house and remember they also need to do the various transaction and i think we can try to use crypto in this case. This is the opportunity that has already waited for a long time ago. |
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This is expected from the non crypto world, until it becomes too big, they will not accept it and insult it.
Bitmex and Kraken are more legitimate than plenty of companies in the UK.
This case is the same as the cases that happened with exchange sites in US too. SEC was also insulting so many exchange sites but SEC never tried to create an official announcement to declare if exchange site has already violated some rules. The result will always be the same as nothing happen in the future. |
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A real life use case
An application that matters to d direct lives of individuals all around the world. That is the only catalyst that can help any crypto or altcoins.
The genuine impetus for making some coin successful must be its utilization case.
Without a certifiable application no coin will be successful and in the event that any coin is at present successful with no genuine use case, at that point it will get dumped in extremely not so distant future itself.
Indeed, success of a coin is really relying upon what sort of new thing it is bringing to this world and human life
That's the point. A bunch of projects without even a single of use case will be useless. I have seen so many projects even more than hundreds of project already death. The real implementation will always become the main concern to determine how far the price can grow. This is become the main consideration to determine how strong the fundamental of any coins. |
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Has the transaction already done? I have seen some news about that but it's speculation only from someone. It's very interesting to know more about how the result of this news.
CMC will be cleaned from so many scam coins. I like that about how binance will bring CMC into the right way
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If a coin is going to survive long term it needs to become a national currency.
Thats the future.
Look at TemTum, in talks with Anguilla and more countries still to be announced
Forget it, the national currency is not possible to be done by altcoins. It may possible for crypto to replace it but that doesn't mean if crypto can be a national currency. Why so many temtum shillers are still trash-talking about its crap project? To take the best time to buy is not so easy as the people said lol. You guys called just buy when the bullish sign appears but it's still a speculation. |
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The market cap will be concentrating on those 20 coins. This is just my prediction only but remember if that will not enough if we have only 20 coins. As far as i know, if each coin to be used as a tokenization for its platform. I think if we are only seeing a small amount of coins and we will not have a huge community.
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We don't need more scalable platform and what we need to see more utility platform. So many BS on the various blockchain platform that claimed themselves to be the best blockchain with perfect scalability. The purpose of blockchain is to create a good ecosystem to be used to build dapps. scalability is also matter to build an ecosystem but the utility is really needed right now.
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KYC is bad for the sake of exposure but that is what price we have to pay if we must achieve regulation for this industry. There are instances where I submitted my KYC documents only for those projects to scam. I believe such scam projects are likely to sell customers' data in their possession on the darknet and thereby endangering the identities of their customers. If we can achieve regulation without exchanges demanding KYC documents, that would be fine and great.
I don't understand why KYC is used for bounty and airdrop, they don't need to collect our personal information if they're a legit project. Over the past 2 years I have seen thousands of airdrops and bounty asking KYC participants, and thankfully I have never participated in such campaigns. And just as you said, our material can be sold and used for malicious purposes It is very suspicious, if airdrops and bounties are requested for KYC, especially for inappropriate gifts. but I used to do it to send kyc, because the prize I got was satisfying. but worry still exists, because it involves our personal data, but until now there are no problems, hopefully the project will develop in a healthy manner Sure, if the rewards are too low and they ask for KYC then we can skip it. If the reward is good enough, we can go through KYC with a bit of worry. Once our information is exposed, there will certainly be consequences in the future That doesn't matter a lot caused by when the token is still not yet traded on the market and what you can do to create speculation about how much for minimum payment that you will receive that from the project. Basically, KYC is not so important to be applied for hunters. |
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I still see hope in 2020 because only a short time the price falls after it starts to rise, many people prepare themselves for Halving Bitcoin that will come soon.
When we are trying to see the current condition of the world economy and it looks like people will not care so much about the bitcoin halving even. So many people have already prepared themselves to face the crisis caused by the covid 19 pandemic. I think we will not see a huge result for the pump caused by bitcoin halving. |
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