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Seriously you stated it right, reporting bad volume is indeed bad for this space as it is gaining the attention of the public. It will be indeed bad for investors to get associated with exchanges only to realize there is fake volume within.
Furthermore, I think for this to be corrected CoinMarketCap has a big role to play and the sooner the better, as credibility is the keyword in any successful exchange or project.
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Thank you so much for this, it is well known or even a big error to demand payment from people before rewarding them, I believe this post will serve a great deal to those new to this space.
Secondly, I have always adviced people to always visit website either by directly asking for the link from the admin in Telegram or by visiting CoinMarketCap then following the link from there, and afterwards bookmarking for safety reasons.
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One thing that is sure in this crypto market is what backs the coin and that is what will drive the price either up or down. When a coin is backed by a good use case and team, it will surly go up and vice versa.
Secondly, talking about privacy coins, recently there have been some of them coming up with each offering unique features, I really think Privacy coins will rule this market in the near future.
Therefore I will suggest you look at the coin is backed by then making a good decision.
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Am more of a fan of ETH has to me it is more profitable than LTC in all ramifications. But since the crypto space most times moves with rumours, you might consider holding a little LTC owing to their halving news which is to happen in the near future. But always ensure to hold ETH as it will always bring more profits.
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In my understanding and experience I think IEO is better than its counterpart. ICOs are no longer getting the attention they used to have while STOs are yet to be fully adopted by investors.
Also, they are different in their own ways, IEOs are managed by exchanges while ICO and STO are managed by the team in charge, but in STO the investor have the opportunity in owing a share in the project.
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The reason is obvious, that is ICOs dealt a heavy blow of scams to investors and they (investors) had no choice than to go for IEOs where they are sure they will be served better while their funds is secured. With the rate IEOs are springing up I don't think ICOs will ever have a future again.
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The best country fully encouraging upcoming projects is Switzerland, reason is that the government enforced rules or regulations which are easy and convenient for new startups. We already know about Malta and how many blockchain projects already there, which is also as a result of friendly regulations. Another country is Japan as I have seen projects launching there too.
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I think the best order should be ETH, followed by NEO then XRP. Reason is that, although ETH is yet to be fully scalable, but even at that ETH still offers one of the amazing services and features in this space. In the same way is NEO, the team are also trying their best to offer a scalable blockchain.
XRP on the other hand is centralized which is the reason most people are always careful of holding long, as it goes against what blockchain stands for.
Other coins worthy of attention is XLM and BNB.
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That's likely to happen because the world today is technologically driven, that is the world likes getting involved with any trending technology, thereby with blockchain being a trending technology now, the banking system will soon adopt so as to be in accordance with what their users will like and be free with. In case they don't, a blockchain platform will put them to check.
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Yes, that will be really good, but like you said the education system is not yet read for it. The reason in my own understanding is that the education works with the government right? And the government or rather most government are yet to fully accept blockchain.
But one thing I know is that, time will tell soon as they will be left with no choice than to Implement it.
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Although this is an extremely old post but I think it's good we get our facts right before saying certian things.
Taking a look at ETH then and now ,can such statement still stand? I don't think so, thus it means that a good project will continue waxing strong while fulfilling the goals and objectives; this is the case of the king of altcoins, ETH.
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It is the truth that most new projects or ICOs on getting to exchange goes way below their initial ICO price, but that the nature of this space, but one thing matters and that is, if the project is a good one with good roadmap and efficient team the price will gradually grow overtime, and if the project isn't worth it, the price might not recover.
So I think before investing in any ICOs understand the risks involved while making the appropriate research.
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Bitcoin and ETH has contributed a lot to the success and growth of this space and both have their uniqueness and potentials. Nevertheless, Bitcoin stands a better chance in the future owing to how valuable and heavily invested it is, but that doesn't dispute the fact ETH will still be relevant, as it has a big role to play too.
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Thanks for this heads-up.
The truth is, most projects which were abandoned will start coming to life while new ones will keep coming up to scam investors. I have always said, irrespective of the hype behind any project take time to research before going in, as it's a matter of money and ought to be attended to with due diligence.
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It's funny but that's the situation on ground. The reason is this, any project that is self-funded (no ICO) tends to do well as the team knows exactly what they want and how to go about it. That's why you will see the team launching new products or services every now and then, and when investors sees this will be attracted and thereby investing and helping the project to grow more. And in this self-funded projects it's hard to see scams because the team already have a goal.
On the other hand, most ICO projects tends to be another thing altogether, some will exit scam, some can't even offer any tangible results etc.
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Yes it is worth it, but this totally depends on the altcoin as most altcoins have nothing to offer; that is they are pump and dump coins. Most people pray for bull run, but I think those that will enjoy the bull run are only those holding trustworthy coins like ETH. Now why ETH? ETH has proven to be an exceptional coin through its way of introducing good feature, upgrades and host of others.
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I don't think you misjudged. To begin with, new coins are not worthless as the right mindset about launching a new project is to solve a problem. But the issue is, most have seen it as a ground to make money off investors and that's why most exit scam right after ICO or even try to list on exchange then abandon the project. And this is the major reason why it is worthy to always be make research and be careful of what we invest in.
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Well, that looks like their nature because they have nothing to offer to whomever that invest in them so, they end up disappointing.
Most are as a result of inefficiencies of the team or as a result of the team exiting scam either on getting to exchange or after public sale. Therefore it is necessary to look pass the hype and focus on the team, so that there will be little or no shitcoins in the future.
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