Unfortunately many hunters don't share your views because those project you mentioned above are already having bounty participants applying, so you see this type of project will always have there way because some people don't listen or care to do a little digging before joining this bounties.
yes, you're right some bounty hunters doesnt check about the project they just join the campaign if they feel like about it. For bounty hunters, it is difficult to check whether the project being carried out will be valid or not because the sales process is still ongoing, other than that bounty hunters usually only see whether the bounty manager is trusted or not. This is different when the token is listed but the developer team breaks the promise by not paying to the hunters. |
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Coinmarketcap is the real reason why so many new projects devs are misleaded, they go to CMC and pick from the top rated exchanges to list their tokens because CMC gives all bad exchanges good rating, that's very misleading
Maybe now that Binance CZ is about to take over, new projects developers will start making the right decision about those Exchanges
Got a point. But we cant blame a long time running platform that certainly trusted by many. I am wondering, how many projects listed on CMC are just products of manipulation? Well pretty obvious that most exchange there are just doing wash trading, what I dont like is CMC still recognized the volumes and that made the platform unreliable when it comes to reference. I am sure now that Binance is a co owner of coinmarketcap they could improve it and make changes on their system especially on listing those exchange that doing manipulations, or might be better to remove them from the list of exchanges. What is the point of ranking if its being cheated. In my opinion, coin marketcap is just a website that contains information about tokens and coins as well as the market where the tokens are traded in addition to information about transaction volume. Coinmarketcap will not verify whether the tokens are shitproject or not because they are not their capacity and I think after Binance took over this website, there will be changes |
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It's possible that if Binance buys a coin market, there won't be much change because most cryptocurrency investors are familiar with the look of the website that exists today. Until now, there is no clarity about why Binance bought the website but I think this is a strategic part of Binance's step
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In my opinion, until now the driving factor for the price of altcoin is the price movement of Bitcoin. When the price of Bitcoin goes up, most of the altcoin prices will go up even some up to tens of percent.
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Becareful of fake promises from new projects, some use cases can never be possible on blockchain and many don't know this, I've neglected some projects because of this, why are investors fooling themselves? The warning that says ' stay away from offers that are too good to be true' is not entirely talking about profits only, sometimes it's more than that, how can we be promised that a city will use A.I technology when no single A.I project is successful in crypto space? Be wise fellas, some things will never work on blockchain, at least not this time
I agree, although not all projects are successful in producing products, many investors are interested in investing because of expectations of technological and regulatory advancements. I would prefer tokens or coins that have been listed at large exchangers because usually they have passed strict verification |
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seems it is impossible these days, $350k for the bounties is too much I think because most of high rewards are scam projects. Low rewards can be legit but for the high rewards it can be scam, still you need to research first so that you know.
You are absolutely right! High reward means scam nowadays! This year, only RideNode has 350K USD allocation for their bounty campaign and at the end, they scammed as usual! So, running for the high reward-based campaign is not a good idea anymore, rather run for quality! All the quality bounty campaign has a limited budget with the limited slots! RideNode is a complete scam and it has been exposed, the bounty allocation had 350k and it's not way too much in those days but presently it looks impossible because of the situation going on in crypto space, for example lack of investors With a bounty budget of $ 350k it is actually not large because the allocation is no more than 5% of the total supply, sometimes even only 2%. But due to the sale of tokens that were less successful, it made the allocation of bounties smaller. |
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Who would have thought that exchange tokens can be huge as they are today? Back in 2017 I never thought that exchange can use token on their platform and make it very valuable, look at binance exchange and Okex exchange, very profitable they are today for every early adopters, any ways that's that, how about now? What exchange do you think will be huge in near future?
The value of the market cap exchange token becomes large because of the large transactions and also many investors who buy it for investing in IEO. With the benefit of reducing transaction fees, investors will save a lot when trading and this is what makes exchange token prices continue to rise |
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Since I've ranked up to junior member I decide to start my bounty hunting journey and after spending hours on bounty section on this forum I was shocked that no single bounty is of high quality and worth my time, all I see is projects going for crap exchanges like ChainX and another one called leadwallet that wants to raise fund using ChainX and all team members are Nigerians, really? And many members are promoting such project? The good projects are over or I'm missing something?
Aren't there bounty projects that list on gate.io, binance, okex, huobi ? ChainX, p2pb2b, exmarket and others like these exchanges will only drag the project down, are bounty hunters blind or just too stupid to do research?
There are several projects that have a bounty campaign but there is no certainty of listing on large exchangers. Usually a new project that still has a bounty campaign will wait for the right time to listing at a large exchanger. Besides, a large exchanger also requires a lot of things so that the project can be listed |
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Holo is a coin with a large market cap value and is also traded in many large exchangers. I think the price of 6 sats on the market today is cheap and I think when the market starts to recover, the price will go up too. |
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There are many different ways for you to make money in this market. You can participate in bounty and airdrop to make a profit from it, in addition you can trade if you have experience. Today bounty and airdrop become very difficult because few campaigns are successful. If you know trading, then surely it will be a great equally
Bounty is no longer like 2017 because there are many bounty hunters who don't get paid because the project is a scam, although there are some that look legit. The current alternative to Coronavirus to make money from home is trading, but it requires trading experience and skills |
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Charity done by Binance in my opinion is good and needs to be emulated by other exchangers. In addition to making donations in the form of medical devices, there will be a large number of new members because they are familiar with cryptocurrency and how to transact or at least they will understand about cryptocurrency as a digital asset
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The success of a project certainly depends on the product produced. Bounty hunters help in selling tokens by spreading information about the project and I think the most responsible for the failure of a project is the developer team itself
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Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology
In my opinion, the most important thing right now is not to panic easily. Prices will fluctuate but if we plan to invest for the long term, I don't think we need to panic let alone sell our portfolios cheaply because the market will recover |
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When the coronavirus outbreak hit as it is today, trading on the cryptocurrency market can be an option when there is a Work from Home recommendation. At present almost all access can be done online and cryptocurrency is like other financial markets so I think we can get money and spend it online too
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In some cases regulations are necessary to put an end to fraud and corruption in the crypto/Blockchain industry. By requiring KYC compliance on centralized exchanges, the crypto world could become a better place. However, the mere fact that you'd need to provide some sort of ID verification would completely destroy the purpose of crypto. I've seen situations where centralized exchanges became hacked, putting customers' identities at risk. Last time I've heard, someone hacked Binance and threatened to expose customer's identities across the web. This makes me to believe that KYC does more harm than good for crypto. Of course, regulation is necessary in order to legitimize the industry in its entirety. Institutional investors, conglomerates, and other entities will find crypto regulatory-compliant for their own needs. But knowing that KYC goes against crypto's principles, could make the entire industry similar to traditional banking. What are your thoughts?  KYC is currently widely enforced when we use exchangers for large transactions. But if we keep our coins in our own wallet, I think KYC is still not needed and this is why cryptocurrency is in demand because it is anonymous |
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If you don't understand the effect of Corona on the global economy ! In the last 8 -12hrs , the US Crude oil is down by 31% , UK oil by 32%, BTC by 12% and more and other trading pair are falling deep. Crude oil seems dead now because they can't export it. Traders and investors needs to be careful now. This might be an unprecedented global recession. Now is not the time for long term Investment in real estate because when it goes bad, all those investment will be sold for pennies. So please hold your cash and follow the news.
Someone will ask that the funds that are leaving crude and stocks, where is it going ? It's simply being rolled into Fiat because everyone is careful of Investing at this time.
Coronavirus has a pretty heavy impact on the world economy because it disrupts world trade and also the production of goods and services. Some economists also predict a decline in growth and a decline in economic activity there will be an increase in the number of unemployed and this will certainly burden many people |
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I am holding part of my portfolio in Exchange tokens like OKB, BNB, HT, GT. and i can say that compare to other altcoins, they are much more stable in general. For example when hole market falling by 25% Exchange tokens may lose 15-20%. Thats kind of my monitoring for the last year.
The price of a native token exchanger in my opinion has the potential to rise if the value of market cap or transactions in the cryptocurrency market continues to increase. Native tochers from large exchangers have greater opportunities because they have a clear roadmap and are usually used as token utilities to reduce transaction fees or participate in IEO |
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There is a new cryptocurrency called the Daehaminguk Shaniya Yoona (DSY) out. It is the future of cryptocurrency and it is the official currency of the Democratic Republic of Daehaminguk Shaniya. Trade it and try it out!
I think it's too risky to buy coins that are market cap or daily transactions are still small. I just heard about the existence of this coin and I think it will be difficult to compete in the cryptocurrency market unless it can list a large exchanger |
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There is almost no risk that we get when receiving airdrop because even if the token is not listed on the exchanger, there is no loss that we suffer. But the process of getting an airdrop must be careful because many have to surrender the private key and this is very dangerous because they can take coins or tokens that are in our wallet
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Recent crises are testing the abilities of Bitcoin. The adoption of Bitcoin is increased as people are stuck at home they are looking for better solutions to transfer remittance and for purchasing. Many countries are using blockchain technology to fight against the pandemic. Why the price of Bitcoin is still down? The price of Bitcoin fell in my opinion because of panic investors and investors want to wait and see. But seeing the latest news shows that bitcoin is better than other investment instruments and I think this will continue because there is still a bitcoin halving moment |
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