Latest posts of: cryyppton1

Alot of fraud and scam are already noticed in DeFi project. some investors are already com[plaining . I just hope the way the hype on Defi project is going it wont turn out to be like the then IEO which alot came out just to scam investors . we need to be careful in investing in them anyways.

You may not really blame those new investors for being impatient remember they may also be new in crypto and may not understand how things work . some invest with the aim of earning a huge profit within a short period without knowing that some projects may take a long period to get listed on a reasonable exchange.

Having an escrow for bounty project in my opinion is good , not just because hunters want to be sure they will be paid for their time and resources but also to encourage them in promoting . when you are sure you will get paid you will work more. Project developers have been denying hunters of their rewards recently and this isnt fair enough.

Although social media platforms are neccessary in crypot, the fact is not everyone has these social media platform and even some investors who do have they dont have the time to go visiting and checking on updates . Most bounty hunters have alot of project they are following do sticking to one telegram becomes a problem as such they miss information.

I do tell people to stick with what works well for them . to some long holding is their thing and to others day trading . i have actually tried this two at different time. If you have the time and knowledge to day trade you will make profits . And sometime if you can hold for long you may also make profits .Crypto market is really unpredictable follow what works for you.

For now there are alot of people who do not have any knowledge about cryptocurrencies both the educated and uneducated people , so we still have alot of time to get a higher percentage of adoption. until that happens we cant really say crypto will be the future currency .

On the other hand , it would be a good thing of joy if Crypto is adopted as the major means of financial transactions globally there are a lot of advantages of this over the traditional banking system . But like i said we still have a lot of work to do in getting more people into the blockchain.

The problem with developers is that they go for a cheap exchange to list their projects for IEO and at the end of the day such Exchanges do not have much to offer .
I don't want to believe that those developers do not have the idea that such low rated Exchanges won't bring anything tangible to their projects but because they either do not have enough fund to list on a better exchange or do not meet the criteria for that they resort to what they can afford and end up losing .

This is true i am one of the victims who lost some assets on BCNEX Exchange , my friend lost up to 3eth and hard to pay the owners of the money . I never believed BCNEX was a scam Exchange until the day i initiated a withdrawal and up till today could not get my funds.

in my opinion , Gaming on the blockchain comes with a lot of advantages over the present traditional banking system ., one of those advantages is transparency , with the Decentralized feature of the blockhain playing games on the blockchain is made transparent , no one cheats because there is no third party . winners are selected without cheating and payment made when due .

In times like this where the world is faced with a global pandemic digital money will help and crypto is here. you will agree with me that some coins still moon under this situation this is a clear indication that Digital currency is the future of the world and if this highly infectious disease must be prevented then the world needs to avoid printing paper notes and focus more on digital currencies.

i have stopped investing in ICOs a long time ago for the purpose of scam . i realized alot of the ICOs that came up were scam and i lost some funds.
However, for those still having the guts to invest please make sure you carryout your research. there is nothing you can do to them . Crypto world is a Decentralized and an unregulated world so you may not be able really sue them or take any action to get back our money.

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You are right , that is what bounty hunters see these days , bounties hardly pay and some developers will hold rewards until price dump before its distributed.
i heard someone say it free money , what makes it free? you buy data , spend time to write an article or daily post , retweet and tweet on social media for a reward and you call that free money ? Its unfortunate that bounties are not paying any longer but let no one say 'its free money ' i write Articles , and at times no power supply and in order to meet up I have to buy fuel , use generator , buy data and use my time to write and publish an article for a peanut ? that is not free . Bounty hunters actually worked but like i said its unfortunate that most bounties do not pay anymore.

It depends on what and what you are filling your bag with. because right now some Altcoins are mooning . so in my opinion filling your bag depends on the particular token you are buying . you have to search for those valuable coins that have potentials to moon in and buy when price is low.

Crypto is somehow new while Fiats have been in used for so many years . so the rate of financial crime such as money laundry will definitely be higher with fiat than with cryptocurrencies.
Nevertheless, we should also understand that so many people are yet to understand and use crypto which is what makes the rate of Fiat crimes to be higher than crypto .

I am really pleased with what Bounty Detective is doing , he expects complains and creates complaint form along side spreadsheet . he does not see hunters as jobless beggars the way other bm do . Another good thing is for him to secure bounty rewards for bounty hunters before bounty starts and guarantees distribution. this alone has saved bounty hunters from working in vein and not geing the promised reward at last. I like joining all of his bounties.

In my opinion, the only solution to scam ICO is to carry out strict investigations about any project and the Team before investing in such projects. However, there is nothing we can do to those developers we cannot punish them . hence scam investors and go free because the crypto market is not regulated.
I wont be surprised if Some developers create multiple projects and conduct ICOs for the sole purpose of scamming investors. investors need to be wise in investing.