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1  Alternate cryptocurrencies / Altcoin Discussion / Crypto Influencers & Trading Gurus Scraping Off their Followers' Pockets. on: March 02, 2021, 08:58:47 AM
A lot of YouTube chaps and social media crypto gurus are scraping off the pockets of their followers for easy money.

Recently it was alleged that a big crypto Youtuber named bitboy, with over 600k followers is trying to make easy money by recommending some shit coins to their followers and making them rally. Most of his fanbase are beginners and young minds in their teenage.

If you recommend someone a super low cap coin like NORD and it rallies more than 50% in next 3 hours. People must not be wrong in assuming that you are making huge profits while pushing your followers down in the shit hole. Angry

A lot of such practices are happening all around and its important that people are aware and do not blindly trust even most renowned Telegram or YouTube channels or other social media crypto gurus that claim themselves to be experts and suggest random altcoins to become super rich.

Its fine to take advice of of others and their opinion but never blindly act on it unless you have done your own reading.
Educate yourself, gain knowledge, learn to make informed decisions and most important of all - Trust your own gut.

Have a nice day  Smiley
2  Alternate cryptocurrencies / Altcoin Discussion / Re: If an Altcoin has a chance to overtake Ethereum, which one would it be? on: March 02, 2021, 08:07:04 AM
Eth is going to stay there for a very specific reason. The ecosystem surrounding it is stronger than ever and moreover the older a coin, the more decentralized we can assume it to be. And remember decentralization is the basic foundation and whole point of blockchain.

There are a lot of developers, resources, documentation and other tools available for eth in abundance, way more than any other newer projects. And its popularity and adoption is the sole reason why eth developers are not revamping it from scratch rather than going for a upgrade to 2.0. There are numerous tokens, dapps and other projects currently being run and actively developed on the protocol.

But it doesn't necessarily mean we can't have more than one successful smart contracts platform. Other projects can and will shine as soon as they start proving themselves useful, most of them already have. And they might eventually take over eth but the shift will be gradual and slow. And a lot of it will depend on mass adoption and what platform ends up satisfying more practical use cases.

The only thing that can get eth replaced for something else will be the next upgrade. We would have to wait and witness if it is seamless and provides what is being promised. And if it fails to deliver, there are a lot of chances that current projects running on eth as well as newcomers will look for alternatives.

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