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This question is what keeps making many developers to create cryptocurrencies. The fact is, each team believes they have a different thing to offer which already existing are falling to do; now this is how it's meant to be. But nowadays, many are creating different cryptocurrencies for profit while less than 1% are actually in for the Technology. So to answer your question from my own angle, some are creating for profit while few are creating to add value.
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Hi fellas, i want to drop this info mainly for newbies on this forum that just start getting familiar with crypto wallets, i was waiting for some tokens to get delivered into my coinomi wallet since a month ago but they never appeared but the projects teams claim its been sent but guess what? i decided to track my address last night using Etherscan and i saw all the tokens there, sometimes your tokens might have arrived in your wallet but you won't know until you track your wallet address or you manually add token contract address, thank you.
Yes that's true, most times imtoken does that; a token might be sent and it won't appear neither will you get notifications about it. Funny enough I had same experience with you, until I checked Etherscan. In fact now, I have bookmarked Etherscan and that's where I scan my wallet when the need arises to be sure before checking the appropriate wallet app. Scanning wallet is actually the easiest so far checking for token is concerned. |
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Proof of Authentication:
Bitcointalk Username: rdewilde
UID Number From IMO Wallet: 73721
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Are you guys planning to list on new exchanges? Great idea of the project, hope E3 will be a revolution and help for world entrepreneurs community!
I think the team have a better understanding on why they decided to start with a smaller exchange or rather an exchange not among the major exchanges. Nevertheless with the project being on the right track, the team might later consider other exchanges but till then let's keep our fingers crossed. |
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Back in 2017, many ICO projects pride themselves of having one of the biggest telegram community. Some of them would market it as a proof or sign that many investors believe in their project. People who have been around all know that most members there are airdrop/bounty hunters who only joined to qualify for the reward. I also saw one post earlier asking for telegram group members and one of the condition the buyer posted is that it "needs to look real". Anyway, this post is just a reminder to beginners in crypto. We don't want you to fall for these tricks to lure you into investing into their projects. This is spot on and entirely true and anyone investing because of the number of members in the project's telegram group is causing himself harm. Like you said, back in the days, a large telegram community signifies how strong the project is because members shares knowledge etc but nowadays the aim is to have a large community which will be used to attract investors and nothing more; while the project in question have nothing to offer. I have seen a project with less than 5k members doing well at the early stage then naturally grows which was even after listing. |
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The year 2019 is reaching its brink. 2019 was an average year for the crypto market. The market capitalization took a drastic change and the prices of most of the cryptocurrencies crashed. However, the crypto market is sort of leaning towards the green region in the last quarter of 2019. Now, you might be pondering which cryptocurrencies are considered as a “Good Investment” in the upcoming 2020. In my view Bitcoin, Ethereum, Ripple (XRP), Litecoin, Bitcoin Cash are the top crypto in 2020. What's your take on this? You did well by giving reference to the top coins; actually they are the best bet anytime anyday because you will be sure of your investment. Also, come next year, top coins just like you listed will always remain the best way to invest in the crypto space, but however I still believe there are upcoming projects, they might not be much just few which will strive to create an impact, these are also good for investing. |
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Thanks for sharing and alerting the community, this will give people especially newbies the opportunity to be safe once more. Also, I think the people that will always fall prey of these scams and phishing scam will be those who are always greedy and conscious of free money, in all things let's be careful of the links we click on.
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In as much as he said the truth but I don't believe that number will really amount to 99%. Yes many coins are just useless, while a majority are just a copy of other as well as based on hype but there are still many coins out there trying their best to remain relevant in this space. All I have to say is, with time many projects or coins will die off maybe 80-85% but not 99% while those with real world uses will continue to gain limelight. |
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He might have spoken well according to you and you were really moved; one thing I have learnt overtime is to pay deaf ear to anything or anyone predicting the price of any coin be it Bitcoin or otherwise. This is because, overtime the reverse has always been the case. Now about this guy, he has said many things which never happened so why listening to him now? Better to be okay with reality than getting hopes high based on his words.
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E3T is a young project with the aim of connecting entrepreneurs. This very act makes it easier to succeed as it Market is large to attract investors. But endeavour to include other marketing strategies in order to reach more prospective investors
The idea or concept is unique but will need more time and effort from the team to actualise it; this doesn't mean the team aren't working, they are but like you said, more strategies are needed both in marketing and otherwise. Currently they are doing a great job so I think we will be seeing more of team's efforts with time. |
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The biggest mistakes developers make that leads to bad ending for many projects are
1. Huge Discounts
Many new projects are still making this mistake over and over again, huge discounts like 50% is insane and it always bother me how the hell the early buyers won't end up dumping since they have already see big profits.
2. Lack Of Solid Products and Ideas
Lack of working products and real use cases is why many investors are not taking new projects very seriously, no one would want to hold such tokens or coins for long, developers need to start working on how their project's token or coin will be very demanding throughout the globe
3. Bad Exchanges
Imagine new projects that make over millions of dollars in ico or ieo and end up listing on bad exchanges with no enough volume, what do they expect to happen?
There is no better truth than all you just pointed out. Most projects thinks it's by giving huge discounts or bonuses will they be able to attract investors but it always has a negative effect on the price of the coin thereafter. Also, most projects doesn't last long or even for a reasonable amount of time owing to lack of ideas to keep driving the platform; in the same way, some projects are just a copy of already existing projects, therefore failing as well. Bad exchanges also contributes which is sometimes as a result of the team trying to enrich themselves although there can be other reasons too. |
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I agree with you to an extent though. Truth be told, you made good points which are totally true because it's reality. Most coins are total garbage with nothing to offer than being pumped and dumped. However in the midst of these, there are still altcoins which are worth holding just like BTC; the only thing is we have to be careful of them. My favourite altcoin has always being ETH and XLM and I don't see it changing anytime soon.
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Few good projects i have seen are having hard time to gather funds, they are still far behind to reaching their target softcap
1. Bitwings
2. EZ365
What do you have in mind about these two project? they are good enough to give a try for me, what do you say?
What really made them good is the dollar million question. Is it because of the team, the idea within the project or what? These are what to be considered before saying a project is good. Also, there are many projects which people might think to be good but when studied carefully always shows the reverse is the case. For these two projects I came them but paid no attention because am not fully convinced that they will do well, now am not surprised they are finding it hard reaching softcap. Let's always try to look beyond and find the driving force within any project. |
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CMC and coingecko both very useful for us, i used to use both however i am confused why many coins and tokens not listing in CMC but listing in coingecko, not only coins and tokens but also many exchanges, is this because coingecko become more popular than CMC, or for something else.
Yes both are serving a great need in this space and also the same need. The difference between the two is Coinmarketcap is hugely popular thus always overshadowing the other, but on the other hand the advantage coingecko have over Coinmarketcap is that, listing is easier. Therefore most projects finds it easy to list on coingecko thus getting more recognition and then listing on Coinmarketcap thereafter. |
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as we know that in 2017 many ICO were successful (at least reached softcap) and of course the market cap was also very high at the time, so it proves that many people are interested to investing in cryptocurrency, but now where do these investors go? because now the market cap is down and many ICO or IEO are failing (not reaching softcap), are investors no longer interested to investing in cryptocurrency? if yes, where are they investing now? or is there a more profitable investment than investing in cryptocurrency for now?
One of the things about life is that, something might not work for you but will work for a greater number, I can say this is how investing in the crypto sphere is. Most people always takes their time to scan projects before investing in this category always have higher chances of success. Nevertheless on a greater note, investors are now very selective of the project to invest which is why most projects struggle to make even softcap while a few smashes softcap easily. To your question, yes Investors are still Investing but on a few projects. |
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Proof of Authentication:
Bitcointalk Username: rdewilde
ERC20 Wallet: 0x236Fef5d119b8a9e7908F981d009a93A285bEE21
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Although your points are somewhat correct but do you actually think without Bitcoin if Tether would be in existence. That's by the way, let's go practical, are all exchanges using Tether? The answer is no, some are using other stable coins. Also, how many exchanges can Tether be traded with virtually all coins? The answer is none, Tether trading is always limited might not even pass 20 coins. But coming in the case of Bitcoin, the reverse is the case, because Bitcoin can be traded against any coin listed on any exchange unless in rare cases, so with this, which coin is the most preferred and widely used? The answer is clear, Bitcoin.
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This isn't a good news for Libra at all, not as if I really believed the project before now; but with PayPal leaving then it shows something is wrong which we might not be seeing. The issue is, PayPal is one of the big shot in the financial payment systems thus is anticipated to play a big role in Libra , but with this latest development, others might leave while others might join, it's now a two way thing. This project has been questioned for a long time now I doubt if it will actually launch.
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Nowadays there are many projects, it is not easy to judge on new project, good or not, some people think the ico rating websites may help to take your decision, others think this ICO rating websites provide fake rating due to new project can pay fees to this ICO websites and get high rating. SO, If you find good project, is it important to you this new good project should be listed in ICO rating websites? Appreciate your participation Overtime I have stopped trusting all these projects rating websites or ICO rating websites because in many occasions they have failed to live upto expectations. So, if I see a project and after careful consideration and research proves to be legit and good I would participate whether it is on any rating websites or not. Also, there have been many news that these websites collects money to alter their reports and owing to the outcome of some of projects it has been proven to be true. In my opinion, make your research and invest. |
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Like seriously, Stellar made the list of coins you think aren't worth it? Don't think that's good but anyway it's your opinion and should be respected. In my own opinion, altcoins that should be avoided are those ones which we know aren't performing well neither is their team doing anything new to revamp the interest of the community. The reason I do not think Stellar is a bad altcoin is that, overtime it has maintained its goals thus being the favourite of most investors; also they sets up activities to revamp the interest of the community and the crypto space.
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