This thought just comes to my mind especially these days, with a lot of altcoins doing airdrops or giving away different altcoins.
But I got some confusion here when the "airdrop" term used.
Because for what I believe the meaning of "airdrop" is a way of giving a free coin/s to some wallet addresses without seeking any investment or doing nothing.
Are those spreading all over around especially in this forum known to be an "airdrop" is considered an airdrop or bounty campaign since some of those are requiring people to fill up some of the forms or need to sign up or follow some social media accounts, etc?
Since you did some task or work to get those coins.
Either Airdrops or bounties you still have to do something, join social media channels or other, nothing is for free, Airdrops aren't entirely free even if that's what you keep hearing, do not be fooled, you have to give something to get something back, new projects are getting exposure in exchange for free tokens |
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There are ways to hold and not get hurt in the process, take profits when available and reinvest the exact little money you can afford to let go when the token is down in price, this is the best trick and whatever happens won't hurt you, damn even if the project stop working
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No we don't have more bounty hunters instead we have more crypto traders and investors, bounty hunting is not bringing very good rewards now compare to 2017 days, only 5% out of 100% bounty projects are doing very well or even paid bounty hunters like they promised, most just pretend as if bounty hunters never worked for them
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I don't see how coinmarketcap is very misleading like OP said because we have ranks on coinmarketcap for a reason, all projects are ranked with volume and liquidity and only bad ass projects comes close to top 10 on coinmarketcap, if a newbie goes below rank 30 on count they should know they are taking huge risk
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Good advice, I hope people will takes this very seriously, taking profits is the only way forward in crypto space, any coin that's different from
1. BTC
2. Ethereum
3. BNB
4. Neo
And other top altcoins I'm begging you do not think twice before taking your profit, many coins you hold will disappoint you, everyone have the desire of becoming a whale someday I know but 99% of new projects today won't give you that, taking profits can still get you there
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 Dear community, we have gathered here today to regret the imminent end of 4G cards on Ethash. Latest on DAG epoch 381 all of this precious GPUs will stop mining ETH. Will they? No! lolMiner made a release today that will allow to continue mining ETH with a slight time-memory trade of for some more weeks on top! It even allows you to go on with ETC on Windows today and until they will swap to their new DAG scheme End of November. Read this medium article to learn more and how to configure it: https://lolliedieb.medium.com/rise-of-the-mining-dead-ea8f6298f813Have fun mining! Are you saying rx580 4gig cards can't mine at 30MH/s again? That's a big lie, to keep mining with 4gig cards at that speed all you need to do is mix the card with a single rx 580 8gig card, make sure the card is in the first pcie slot of your Motherboard, I used claymore miner this way and it creates 8 gig dag from the first slot and mine away |
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It's true that proof of authentication is very important but I suggest you shouldn't post it if the bounty manager doesn't request for it, this will turn the post into spamming and forum moderators will remove it, I think this claim of yours should be targeting the bounty managers that don't implement proof of authentication on their bounties .
Yes, and this is a very simple matter and should not be debated because every campaign participant must refer to the rules set by a campaign manager, if indeed the proof of authentication is requested by the manager then make it, if not asked then don't make it, Simple. Correct, if cheaters bombarded any bounty campaign it's the bounty Managers fault, we don't have to tell how important POA is, bounty managers should know better, if bounty managers ask for proof of auth post from every participants it's fine and if not it's on the BM, admins will remove your POA if the BM failed to ask for it. |
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Most DeFi bounties on this forum presently are scam, they have almost same use case and their treams are non professional developers, I look very well before promoting any project and if I promote a lesser detail project I have my own reason, remember that few projects can have less information but they are big projects just like how Alchemypay bounty looked like in the past, I believe that this is just the beginning of scammers using DeFi projects to fool crypto newbies, we should keep warning new crypto investors
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Your best bet is Bitcoin, even if you buy high you will have the full confidence that it will recover someday, why? Because Bitcoin is here to stay and it's the strongest, unlike new altcoins that can fade away in just few years, I'd create room for FOMO if it's from Bitcoin
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Stop losses are only available when using auto trading softwares or trading bots, I don't see this features available on centralized exchanges, maybe I'm not looking enough? And if I can remember correctly there are many trading bots that doesn't work right, anyways thanks for the information OP I will definitely look again
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Do you know that you can switch your windows OS to LInUX OS and make all that headache disappeared? I suggest you start from there, Linux supports more graphics cards in mining rigs more than windows OS, try this now and drop your feedback later, have a blessed day.
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Cheating or NOT Cheating?
Coming from altcoinstalk forum I've experience few projects going against their own rules like saying on promotion page that no KYC will be required and after promotion ends they tell promoters to go and open account on an exchange and pass KYC, what can this be called? Cheating? Any consequences for such projects on this forum? Thank you.
This isn't cheating friend, No KYC doesn't mean they can't ask bounty hunters for KYC, sometimes to avoid cheaters few bounties ask for KYC and also every bounty rules can you changed, if you read carefully you will see this rules on every bounty campaigns, rules can be changed at any time. |
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I hope you are reading this OP, so many comments here already and I hope this comment of mine gets to you, my advice is to hold your money if you haven't make a purchase of any coins yet, hold on to when market bleeds, remember when bitcoin goes down to 3600$ around feb-march of this year? That's the type of opportunity you should seek, wait for when bitcoin becomes dirty cheap
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Most less successful countries are busy finding ways out of debt and poverty right now and crypto seem to be the best option around, why would any president plan to ban this when it's changing the life of many? I'm one of those whom life got changed because of crypto and I'm glad to be a crypto investor, only a fool leader will be so blind enough to block his fellow country men to go fully technology in this era
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I am a Bounty hunter and I know 99% people working on Bounties they really work hard. Now days bounties are really worthless. 90% Project is fake and Scam.
Entire project is nothing but a money stealing trap for immature investors. This guys are running bounty campaign and interesting to see that bounty hunters are joining blindly without checking the project is real or fake. Even the bounty manager who is managing the campaign didn’t feel it necessary to check the project deeply. This is why scammers are using bitcointalk as their source of income.
Many Bounty Groups they arrange bounties blindly without verify team and Project . They only using bitcointalk for income. They not understand our efforts , hard working.
Event Bounty Detective Group one of the biggest Bounty Group they also Provide fakes Project Like
1- Kingcasino
2- ClipX
3- Terracredit ( looking me suspicious)
ClipX Collect Our KYC and Then They leave from all social media Platforms. They also delete their Website.
When ClipX Bounty program start They not Required any KYC after Bounty program end they said we have to passed KYC for claiming the Rewards many people did but
They not given any amount for this.
I'm here to confuse you that bounties aren't totally worthless, I will like to list few bounties that did bring amazing profits since 2019 till date 1. Alchemy 2. BMY. guide 3. PGpay 4. Cartesi 5. Tachyon protocol 6. Ferrum network 7. Hex 8. Oikos Protocol 9. Dia 10. Temtum The list goes on and on, I'm sure I missed some but why are these projects successful anyways? Ask yourself this question and maybe spend time to do research or review on these projects I listed and you will see the difference between these and ClipX or Kingcasino and others combined. |
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I know that you may see this as one of the most strange topics to be here, but I'm honestly trying to bring this thing in front of everyone to make people aware of probably this year's gold-coated scamming style - DeFi.
I will not start giving any explanation about what is DeFi and blah blah, but would like to come straight to the point.
YFI - The ultimate beast (parent coin) of all DeFi coins that was not even worth a cent according to its devs but people started trading it at $3 initially and then the game started where investors threw it to over BTC4.4, a number none of us ever expected to happen but it did. (Came back to BTC1.5 recently and liquidated many longs as well as made extreme losses to thode who bought at its peak).
Next came its grand children with names like XYFI, UYFI, YYFI, ZYFI and whatnot.
Then came UNI, got farmed as well as gave extremely exceptional rewards to early users of their platform who traded some specific coins there. Everything was free so they just dumped it even at that high liquidity available. The value rose to over $8 but is under half of it now.
And many others like Sushi (an abandoned project which later on got took over by ftx devs), Bzrx (great team but too many hacks so community killed the liquidity of this coin), Rfuel, Many, FLM and so many DeFi coins have now reminded me of the 2018 crash, but don't you think it's too early for DeFi projects to be crashing this high?
I am not against DeFi coins, but TBH, these coins are just tickling our inner greed to which we respond so quickly not as a good trader, but a greedy one. My advice would be to keep yourself too safe from investing in these coins and even if the project is too good whatsoever, please don't invest anything that you can't afford to lose. Remember that whenever someone makes a 100x, he makes almost 100 people lose their capital (according to my observation).
Your points are actually about YFI so why are you saying DeFi is a scam engine? There are few DeFi projects that are in existence even before DeFi come to light and start getting popular, those are the type of reliable DeFi projects one should invest on, I don't trust any projects that came out right after DeFi bullrun began. All YFI and projects that ends with **FI are scam and yet they are well patronized |
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Do you have a preference for collecting tokens instead of selling them?
Currently in my wallet there are more than 200 tokens with different values and I do not sell them every time it is listed. I keep them and watch them every day. I was fascinated by the fact that there were many tokens in my wallet and not paying attention to their price.
Do you think this is a crazy hobby?
I dont want to go down this rabbit hole of yours again, I was just like you years ago and I regret not taking every opportunities that came my way at that time, here are few things I've learnt 1. Never hold new coins for too long because they aren't ever going to be like Bitcoin and Ethereum or top 5 altcoins, the chance of dumping is very huge 2. You can make profits out of 'not so good projects' but if you hold too long them will become useless and forever get stuck in your wallet 3. Crypto space is full of projects from unqualified devs, they built projects to scam and cheat people, these projects are just too damn many today |
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It's only a matter of time until some DeFi developers will start abusing their admin keys privilege to scam people, this field is ripe for that - tons of investors blindly throwing their money in anything "DeFi", just like it was with ICO and blockchain in 2017. Anyone who is playing on this market right now needs to understand that sooner or later the hype will be gone, and when that happens, a crash will come.
Some DeFi projects have already abused the word 'decentralized' , remember the Kucoin hack? Several DeFi projects were affected and many of these projects went ahead to change their smart contract to another, that is no decentralized Finance to me, it shows that such projects are just using decentralized name sake |
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Most of these loses are recovered right now since bitcoin starts another bullish move over 11,000$ ,I sure that what we witnessed weeks ago is just correction although not all DeFi projects are reliable but the littles DeFi's I invested on are all bullish right now, as a investors we shouldn't expect coins to always shot for the sky, there will always be time for retrace |
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DeFi projects are doing well lately and another thing to look up for is the staking feature that will be implemented into the next ethereum 2.0 upgrade, that will help eth price in future too, it's really possible that DeFi will push ethereum to 4 figures no doubt
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