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1  Alternate cryptocurrencies / Altcoin Discussion / Re: FOR BOUNTY HUNTERS on: November 22, 2018, 11:34:33 PM
How long since you earn some profit from joining a bounty for me the last reward that have a value is back in January,
And since most of the bounties and ICO are just scams how do you choose the bounty that you would join?
Are you joining the bounty because it is handled by a well known bounty manager,
Or just because it have a high rate at some ICO ratings,
Or are you really reading their white paper and spending time to look for a good project .
Hope you could help other hunters by sharing how to choose a good project not just for bounty but also for investment.
Last 6 months have shown that neither good bounty manager and high ICO rating nor well-done whitepaper are a guarantee of successful project.
Most tokens that being listed are dumped immediately after the token generation event. I used to do a lot of calculations and analysis before entering a bounty campaign, but I'm a bit despearte now since all these measures do not necessarily lead to good profit after the campaign has ended.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: How did you feel when you found out it was a SCAM? on: November 22, 2018, 10:10:03 PM
A friend of mine recently joined a bounty project and wore their signature for good four month making 15+ post every week and accumulating his require stake for the week for the entire bounty project. Just at the close of the last week of the bounty campaign he found out that the project was a scam. Ever since then, he feels very awful and despairs bounty projects.
Today, i was hoping you could share your feelings about your experience with scam bounty projects. You might want to leave behind words of motivation for my buddy to ginger him back into the business of bounty work.
The projects I promoted never turned to be a scam, though some of them changed the rules right after the ICO - they decreased the reward and postponed the dates of payment.
While in late 2017 and early 2018 bounty hunting used to be a rather profitable thing (guys with member accounts could make up to several thousand of dollars per several campaigns), it turned to be a huge problem starting from this summer because of the downtrend and the impossibility to sell the earned tokens at least at ICO price.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Do we Need Altcoin? on: November 22, 2018, 09:53:02 PM
There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?
Each of those alts is designated to support some new features of blockchain no matter if they are related to the speed and cost of transactions or present an absolutely new vision of the technology.
Personally I am really eager to see the implementation of the promises given in the road maps of numerous projects (like several thousand txs per sec or terabytes of data being organized in such a manner that excludes the possibility of their alteration). We do not necessarily need 2 thousand coins, but 20-50 tokens of most successful projects may become the leaders of the market.
4  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Ethereum be more stable in the future? on: November 22, 2018, 08:01:54 PM
Ethereum is young in relation to bitcoin, its market capitalization continues to grow every day. Ethereum became very popular when many tokens started using their smart contracts. Many ICOS are based on the Ethereum platform. Will it be more stable in the future? What do You think about this?
In its own way Eth is unique - smart contracts allowed for a rapid grow of ICOs even despite the fact that this technology was initially intended for decentralized apps.
However, as with all other altcoins, Ethereum's price is closely related to the price of bitcoin - you can see that by analyzing the price charts.
Eth will not be stable in the future - it still cannot be treated as an independent coin, and the latest situation on the market when Eth dropped from $700 in late spring to current $130 proved this to be true.
5  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is it good to buy after ICO because price may drop? on: November 22, 2018, 07:53:44 PM
Some bounty hunters who are also investors take time to research into projects and come out with good projects with much capabilities of becoming successful. These type of Bounty hunters cease the opportunity to buy more of that coin at low prices below ICO prices after the ICO and listing on exchange. Most coins get started on the with lower than ICO prices.
Do you think it is reasonable to invest in coins that dropped below ICO price several dozens times? Are you sure they will recover even if bull run takes place?
Anyway, if they do so, it could take several years for these coins to be valued at the rate stated by the devs just because it takes some time to build a blockchain and implement the goals indicated in the road map.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: Be contented on your bounty campaign rewards! on: November 22, 2018, 07:07:59 PM
As of now, a lot of complains I can read about some bounty hunters that are complaining about their bounty rewards. Some of it are not contented leading to making trash talk to the bounty in charge and to the team of the ICO Project that is sponsoring to the bounty campaign. To us, bounty hunters, it is a bit of a insulting that we have a fellow bounty hunters that are acting that way. Always remember, we are the users that are applying to the bounty campaign, and we already know about the rules of engagement, and we also are aware of the users that are signing of the campaign, as we can see on the spreadsheet. So many users, probably less reward! I hope the traits of the bounty hunter are like a professional one, and not like the whining child. If that is the rewards allocated to you! Be contented of it!  

I certainly hope that this will put a arrow to the bounty hunters that are acting reckless and nonsense.


Partly, you are right, but the projects over the past few months have adopted the practice of cheating the people who promoted them.
I recently faced with the situation when bounty rewards were decreased almost 30 times because the devs burnt the unsold tokens after ICO and bounty hunters were paid the percent if the remaining tokens.
Yes, in every bounty campaign there is a statement that the project team can change the rules at any time, but isn't it unfair to get the reward equal to $20 instead of $600?
So I think such cases of unfair behavior towards bounty hunters should be reported, even is they affect the price of the token.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: Reasons why regular people are afraid to invest in Crypto on: November 22, 2018, 06:24:34 PM
Hi guys.
In most countries poeple don't get the opportunity to invest in Crypto due to country policy.
However some countries who have the opportunity of crypto policy free are afraid to invest.
 Some people just don't have the courage and are not willing to take such risks of investing in crypto, while others find it difficult to purchase crypto using there credit cards or master Cards 💳.
I believe that crypto will have more regular people investing if it was integrated with the Banking payments system.
 
Do you think so too?
Leave your comment

Crypto was created as an alternative to traditional banking system, so I don't think such integration will ever take place.
Is it really so difficult to purchase crypto using bank cards as you say? I've never faced any problems - the whole process is almost the same as if you bought stuff on the internet.
So technical specifics is not the main reason of people feeling prejudiced towards crypto. The main problem is that crypto is unstable, and not everybody can afford to take such high risks and lose their money.
8  Economy / Economics / Re: Do you ever wonders why we are using this paper as money? on: November 22, 2018, 04:11:47 PM
Just want to share the details about the people who ever thinks that why we need to use just paper as currency and we all are working hard to get those paper.People claiming that bitcoin is not virtual so it cannot be considered as money or they call it as scam or ponzi but they are using just papers for centuries and those paper currency were made out of thin air.
Those pieces of paper were once given some value by people who agreed that paper money should be an equivalent of some physical valuable objects like gold/silver/goods and services provided by the citizens of a country. The same social contract was once applied to cryptocurrencies. In this way, bitcoin is also an equivalent of financial services provided.
The difference from ponzi scheme is that a vast group of people benefits from using crypto, not only the leaders of a scheme.
9  Economy / Economics / Re: Bitcoin holders will have to pay their tax? on: November 22, 2018, 03:47:38 PM
What will happen on BTC if the government will said that all the bitcoin holder have to pay their tax??
Maybe the expansion of BTC community will get low than usual.
There are already countries that adopted tax on BTC, though its status varies a lot in different jurisdictions.
For example, in the US and Australia btc is treated as an asset, while in the EU and Japan bitcoin was officially recognized as a means of payment.
Different approaches to cryptocurrencies define different types of taxes, but the overall fact is that privacy and full control over your funds are no longer the advantages of crypto.
Despite all these attempts of regulation, I think crypto community is still expanding and we will see more and more people using crypto for their daily needs in the nearest several years.
10  Economy / Economics / Re: What happnes to BTC,if the oil price goes up? on: November 22, 2018, 03:32:59 PM
The oil price is going up and many people expect it will go above 100 USD per barrel,or even 120 USD per barrel.How this will impact the world economy and the cryptocurrency prices?
I have many own theory about this and I will share it later,but know I'm waiting for other opinions.
Is this good or is it bad for bitcoin?
Oil is not used for production of electricity, so why should it correlate with the crypto market?
Yes, there have been attempts to attach cryptocurrencies to the price of barrel of oil (OilCoin or Venezuella's El Petro), but they were not massively adopted around the globe.
The value of cryptocurrencies is dependent solely on demand/supply and the news around the blockchain technology, it has nothing to do with the prices for natural resources and precious metals.
11  Economy / Economics / Re: Crypto replacing fiat? on: November 22, 2018, 03:18:10 PM
Lets say crypto completely and utterly replaced fiat. Fiats don't exist anymore. All governments have seen the advantage of using digital currency and have completely changed their fiat into crypto, like dollar to dollar token(obviously not tether). How viable is this? For example anyone can see how much I am holding using the public ledger and track me down and force me into sending them the cryptos I hold. I wanna discuss in reality if cryptos actually replace fiat how life will be and what are the problems we are gonna face and the immediate effects of it.   
I don't think crypto will ever replace fiats. Why should a new fianancial system be introduced into the world's economy is there's already one (fiat-based system), which is functioning rather successfully?
Governments will always feel suspicious towards any decentralized incentives, so I think crypto will be more and more regulated and will eventually lose its initial benefits like anonymity and freedom to use one's own funds.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: More and more Scam projects on: November 15, 2018, 07:36:48 PM
Guys, faced with the project, took part in the bounty, the result of Scam. Took part in another bounty company, there ICO ended more than a month ago, and the payment has not yet been the bounty Manager is silent...Apparently this year's bad in respect of ICO projects.
It seems like you're a newbie and did not carefully analyze the projects you promoted. I am more than sure that these projects dealt with things like medicine, law, transportation - that is with the spheres that are not widely demanded by crypto investors.
Next time you want to take part in a bounty campaign try to choose projects related to enhancement of blockchain, data storage, payment and exchange services - these have more chances to become successful.
13  Alternate cryptocurrencies / Altcoin Discussion / Re: First bounty Experience till 10000$ on: November 15, 2018, 07:24:01 PM
This is for the moral to newbies and ongoing bounty hunters

I can remember my first bounty experience , it was November and December periods on  2017. I started with Etherieum Blue bounty. Now its re-branded as Blue
I done Face book , Twitter , Telegram and Signature bounty too. but at that time i had newbie and junior member rank.

i think i done  2 or 3 weeks those bounties , finally i got the stakes , i was amazed it was around 2600$. Most from Sign bounty, i was really shocked and  amazed. then I have Done INS and Credits etc. special thing is that the period is bull run

Nearly i have earned  10000$ plus from bounties. so Do not Give and Quit.  Rank is not a problem is  this  forum , Do your  best in bounty.

now Bleeding period , now the time to start bounty because bull run may  come  in few months then your stakes value  is skyrocket.

Bounties used to be a good way to earn decent money in late 2017, but I wonder how much could you earn during the current downtrend with your member rank account?
I've got some tokens from previous campaigns I participated in during this summer-autumn, and all of them are worth like 10-20 times less than ICO price. One of the tokens fell down 35 times.
Yes, I hope that they will skyrocket as soon as possible, but with every drop wave I gradually lose my optimism..
14  Alternate cryptocurrencies / Altcoin Discussion / Re: We can’t trust anyone! on: November 15, 2018, 06:53:11 PM
Hey guys. Remember, in crypto sphere we can’t trust anyone! ICO rating sites are lying to us, you have to do YOUR OWN RESEARCH always! Remember this, and don’t let yourself be scammed!
Yes, many ICO rating sites are simply paid for their evaluation of the projects. There might be some pricelists like "$2,000 for grade 3 and $5,000 for grade 5" and so on.
I use ICO rating sites only as a guide to get quick data about the projects I want to analyze (like the base price of the token, the availability of bounty campaign and some brief info on the project team).
The same can be said about the aggregators of bounty campaigns - I generally distrust their ratings and try to make my own opinion on this or that campaign.
15  Economy / Economics / Re: Blockchain technology is not a trend on: November 15, 2018, 06:32:32 PM
Talk to an average person, and 9.9 times out of 10, they’ll have no idea what blockchain is, with the exception of maybe Bitcoin. If they do know, it’s surface level details at best.

When a trend emerges, some people don’t want to wait to see how things play out — especially when there’s money to be made. Perhaps this story can be an example:

Remember the massive excitement Bitcoin last year? Speculative investment exploded. As the price soared, it gained public appeal. And legitimacy. And a lot of people made a lot of money, very fast.

Then the price dropped by 50%.

By the time Bitcoin’s value plummeted, it seemed like most people had lost faith. But that “lost faith” reaction really only happened among those who had jumped into space at the last minute, hoping to enjoy Bitcoin’s climb. People with knowledge of blockchain and cryptocurrencies saw this coming— in some way, shape, or form. Active participants in the emerging industry were hardly surprised by the plummet in price that followed. These are “growing pains” that arise with any new technology.

Unfortunately, that patience was not widespread. Many people who jumped into the industry looking to make a quick buck ended up jumping back out at its lowest slump. They chalked their ill-timed participation as the fault of blockchain being a “trend,” opposed to looking at the long-term nature of what it means to build something globally impactful — and the rising (and falling) tides that come with such a massive undertaking.

This is why, as markets begin to recover (and they already have), and new variations of blockchain technology cement themselves into our everyday lives, everyone from general consumers to high-profile investors need to have a firm understanding of the tech.
Of course, this speculative rush in late 2017 harmed the credibility of cryptocurrencies, but the positive moment here is that millions of people got to know what blockchain is.
Apparently, yet another 5-10 years are needed for blockchain to be widely recognized and used around the globe, since this technology in its current state is still too immature.
More tech specialists are needed, who could not only write an Ethereum contract but implement more complicated blockchain-based systems into various spheres of our life.
So prepare your popcorn and watch the victorious march of crypto..
16  Economy / Economics / Re: We can totally eradicate poverty if we TRULY want to. on: November 15, 2018, 06:20:00 PM

If you have worked to be wealthy or lucky to be one, you should see it as a social responsibility to help the less privileged people in the society. If I may ask, do you feel comfortable driving past several beggars on the street when you have billions of money in your account that you or your entire family may not be able to exhaust in the next 100 years?
 
I completely disagree. If I worked hard enough to become wealthy and paid taxes why should I be bothered with beggars, homeless, etc.?
Isn't it the responsibility of the government to distribute our taxes in such a way so that they help others who experience difficult life situation?
Shouldn't is be the problem of those beggars to find any kind of job (cleaner, dishwasher, deliveryman) to earn at least several hundred dollars a month and rent a small room?
17  Economy / Economics / Re: blockchain and voting on: November 15, 2018, 06:11:05 PM
Tsubuka, one of the cities in Japan was chosen by the Japanese government become a city of science, and a few days ago, the city government there conducted an experiment to implement a voting system with blockchain.
and the experiment was successful, the voting used identity card verification in a decentralized network typology.

this is an example that blockchain will become part of our lives. blockchain will have an important role now and in the future.

in my opinion, next is Venezuela that will create new innovations and changes in the crypto world.
I'm not sure about whether Venezuela will be the next "safe haven" for crypto because their El Petro is still more of speculations than of real help to the economy.
But blockchain itself is definitely a revolutionary technology, as it could help reduce the manipulations with data, which is especially important during the elections process.
By the way, Ukraine is thinking about building their elections system based on NEM blockchain - if this happens their XEM token could skyrocket.
18  Economy / Economics / Re: Tax on the crypto currency! What do you think? on: November 15, 2018, 05:46:26 PM
The introduction of any kind of taxation on cryptocurrencies will definitely reduce their popularity and disengage potential users and investors.
Anyway, I think that the discussion about the necessity of imposing tax on crypto will go on for another several years until the moment when governments crearly define the status of crypto - whether it is an asset or a method of payment.
19  Economy / Economics / Re: Bitcoin contribution to World' income on: November 15, 2018, 05:24:34 PM
Today i was just thinking about Bitcoin and its total contribution in world's economy. Let's calculate it.
Assume Bitcoin price - 8,925 USD
According to coinDesk Supply of total bitcoin yet = 16,937,088
Total value of bitcoin till now approx -$0.152 Trillion
According https://www.credit-suisse.com/corporate/en/research/research-institute/global-wealth-report.html
Total World income is 280 trillion USD
Total bitcoin contribution to world income 0.054%
Here i am just talked about One crypto asset Bitcoin but can you imagine others coin ETH, LTC, DASH etc.

Share your view on it.
Even despite the fact that your calculations are a bit far-fetched, I agree with the conclusion that btc (and all the crypto market) constitute just a minimal percent of the world's economy, alltogether costing less than a yearly budget of a single country (let's take the US with its $1 trillion for 2017 as an example). Consequently, we can say that cryptocurrencies do not significantly affect the global economy, but that's natural because the technology itself is too young and still needs a lot of improvement and development.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: How will bounties do without Bounty Hunters? on: November 14, 2018, 05:53:28 PM
I have read many posts condemning the impatience of bounty hunters who sell off rewards as soon as it is received.
My question is, can bounties run and achieve success on their own without Hunters?

There are tons of projects that did not run bounty campaigns, and many of them turned out to be successful and recognizeable.
One of the solutions to prevent bounty hunters from dumping tokens is their lock-up for certain time (say, at least a couple of months after ICO).
At the same time, such a measure seems to be unfair for people who spent their precious time on promoting a project.
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