Th ne market is dependent on Bitcoin movement either the token moves up with Bitcoin or it falls with Bitcoin fall. There are some tokens whose price is the same as bitcoin movement but there are some who falls when Bitcoin rises and falls when Bitcoin falls as well. Altcoin season will come when Bitcoin dominance reduces which happens when price is too high for buy so people buy alts in hopes to earn more Btc value.
Yes, you are right! Most of the altcoins are dependent on Bitcoin! Sometimes we see exceptional but that can't be an example! Right now Bitcoin's price is increasing and the altcoins are following the Bitcoin movement. I think if Bitcoin dominance increases more and grow in price then altcoins price will grow too! Because Bitcoin high dominance is bad for shitcoins, not for potential alts! |
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but I'm still curious about what will happen in Nigeria if BTC ATMs are circulating a lot there, are they increasingly helped or vice versa because of what I know they are still behind in education and technology compared to countries in Asia and Europe.
There is a saying that Dont judge a book by its cover the fact that they launch an bitcoin blockchain ATM means they improving, and if you will compare them to a lot country Im sure they are way more advancing. Technology is evolving and countrys are growing and fast track development and innovation. I think their government are doing their utmost effort to caught up with the world. African regions showing their interest on blockchain and this is a good news already. One at a time can be good step. I have many friends from Nigeria and almost all of them live in crypto, and they said crypto is the first priority in their region for making money! People between 16-40 aged are much involved in crypto and it's growing everyday! You are right that Africa is advance enough and if we list the top ten crypto endorsed countries, Africa will take top place there! With this new ATM, crypto will be spreading widely and more people will show interest in it! |
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Surprisingly, Bitcoin come back at a strong level once again! I was hopeless by seeing Bitcoin at 3800$ and we were afraid of another dump to 3200$! But Bitcoin grew well even in this pandemic situation! 6700-6800$ seems strong but I am not sure how long Bitcoin will hold it! As the corona epidemic increasing rapidly, we may see a financial crisis after a couple of months! I assume the recent price stable happened because of upcoming halving!
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I don't think people believe his predictions anymore. Most of his predictions were wrong throughout the whole 2018-2019 years! He is not legendary, he is famous for his ridiculous statement and acting! I am not waiting for him, I have unfollowed his twitter handle long ago! He might be fed upon Bitcoin, so, he is blaming it so people forget his previous shitty statement! No one knows what is waiting for us, so, ignore all his predictions for good!
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I do not know who to blame anymore. Govs thieving medical equipments from each other, sellers and even big companies rising the price of many goods in addition to hiding some of the basic ones to sell it x2-4 its price, regular thieves profiting from quarantine to stole things without much stress, people calling for fake donations... Piracy, scams everywhere!
Exactly! Scams are everywhere, and most of the time-poor and illiterate people get affected by it! In developing countries, poor and middle-class people are suffering too much because of the long Quarantine time! But bad people did not stop cheating others to make more money. I read the news that government gave 500K USD for a limited area where people received only 150K USD worth goods, rest of money is vanished by ministers! Crypto Scammers are creating corona coin, scam exchange like Yobit supporting them and many scammers keep mailing people by asking donations! These people making the world toxic, I hope they will learn well when COVID-19 catch them! |
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Sorry, I did not hear about your exchange, and I don't see any valid reason to believe you and donate my hard earnings! If I had enough money for donation outside of my country, I would donate to Binance, not to you! Binance is asking donation and they already donated more than 1 Million USD by their own!
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Scammers are not human, how can someone play with people's emotion! I got an email that an expert team asking donation so that they can research and invent a cure for Coronavirus! That email was very lengthy, so I was reading carefully to get their motto, but in the end, I noticed they sent the same email to many Gmail users! And when I visited their donation site, I was clear that this is another scam attempt! God may curse them by COVID-19, sorry, for my rudeness, but they deserve it!
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Newbie promoting bounties at home is cool but payment can be pain in the ass, sometimes it takes years to get your token, yes you heard the right, I promoted a bounty in 2018 and get paid in 2020, it happened to me
Delaying bounty payment is being normal matter now, projects are insulting bounty hunter's hard works in many ways! Most of the bounty projects changed their rules after finishing the campaign! For example, Blockburn said bounty will be paid after two weeks of completion but now they extended it for 3 months! As you are in-home quarantine and no jobs to do, then bounty can be still a hope! So, do good quality bounties and be active in their group to know the payment date! |
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The catalyst that could help the price of ALtcoin is coming Bitcoin Halving but the recent COrona Virus this has rattle the market negatively, we all know that When BTC pumps, it brings along Altcoins with it. I do not know what the future holds for the Altcoins this year
Yes, there will be no better catalyst than Bitcoin! Whenever Bitcoin price goes ups, altcoin does the same too! We passed a great time in January and February months when bitcoin halving hype was incredible and people were talking only positives! But as the COVID-19 outbreak ruined everything, I don't think we can see bull run in altcoins in this year! Bitcoin price grew well in this week, 12% in a day was huge considering the recent time, but altcoins did not pump like that! So, the future won't be smooth for altcoins in this year! |
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Another shit project appears, let me tag you first by red! This kind of project should be flagged at first sight. What is the purpose of this project? When people are dying every day because of COVID-19, that time you are in Quarantine and created a project to earn money by playing with people's emotion? Mate, think again what you are doing, you guys are ruining the reputation of the crypto industry! And again you are asking 5 Million USD by naming a virus on your coin? Ridiculous!
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After everything I will trust Binance until I realized the problem. In my point if Binance get success by monopolize than everything can control Binance coin. By wishes any project can success, cryptocurrency is for not to do that, after stock crisis 10 years ago, cryptocurrency is trying make independent everything.
Binance is very huge empire. From exchanges and firm that they acquired it surely proves how strong they are. I am not saying this will ruin the crypto market and point of view of other people, but this is a good start that Binance extending their wide range of businesses. Coinmarketcap is one of the best analysis tool and portfolio tracker, I am looking forward on how Binance can improve it perfectly. I don't see any problem of Binance becoming a Monopoly in crypto space! All of their plans impressed me. Binance is trying every way to make crypto acceptable to the rest of the world! They are not just sitting by making an exchange, rather they are extending their range gradually and community supporting them too! In 2019, Binance had lots of new wings, and this year Binance acquiring more! I am waiting to see many more achievement in Binance platform! |
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I think Cartesi team should have come through IEO in February when Bitcoin price was 10K USD, and a strong hype about the Bitcoin having! Now Cartesi will have a rough time to raise money because after being affected by the COVID -19, the world won't invest in a new project easily! Right now, some projects are doing great but most of the projects are in hibernation mode, which is very normal! However, I wish good luck for the Cartesi project, but you guys should come up something interesting, I don't see anything new except the game!
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Well, in a situation like this its very hard to find a bounty who gives a large allocation to the bounty and i think there are still some of the bounty who gives a lot to allocation to the bounty.
Don't go for high allocation, mate! Go for high quality. Please try to read other's reply, so, you can get knowledge about the ongoing situation! High allocated bounties are almost fake or scam, they are not paying anymore. You can't show any new project came with a high allocation and paid to the hunters! 50k-100K USD is the highest allocation nowadays and it is actually good. Sadly true is that some greedy people are bringing a full bounty campaign with 3,5,-10K USD allocation! |
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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! |
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Thank you for such an informative explanation about Bitcoin, learned some things. But now let me talk about the Poporo! I think you are just shilling a forked coin, as you already trying to prove it is the oxygen! I have seen all the major fork happened before, everyone talked so high, everyone tried to overcome Bitcoin or closer to it! But in the end, all those forked coins has more negativity than volume except for a very few. It's the people who will decide which coin is the Oxygen, not by you! So, stop talking bullshit about your Poporo oxygen, rather try to solve those problems from your telegram group members!
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Kyc is actually not bad for crypto as it helps in curbing fraudulent activities on the space. However it is always necessary for those asking for kyc documents to protect these docs in the best interest of their users to avoid these documents leaking to a third party.
You seem right, it is really needed to protect a project from fraudulent! I don't see any other option that can replace it. I have no problem of giving my documents to Binance team, but I can't give my personal data to the IDAX, EXRATES exchanges, right? So, people shouldn’t hate the KYC system rather everyone need to be careful before giving data to any project! |
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I heard alot about EZ365 even before they started the bounty campaign, that's why I promoted the project, the team really want to take the exchange higher and it's not just about promises, they have reputations to protect
It's another exchange that had good hype but day by day they are going out of the track! Mate, don't fall in any project that has some big events, I can show you a lot of projects those have high and big events meetup, interviews on TVs, yet they are scam now! EZ365 telegram group has 95% fake member, no response from CEO for a long time, no major update for the platform, no bounty payment. I hope they will cover it very soon, at least one exchange should grow like the Binance, Kucoin. Right now we have a lot of crypto exchange but we are now lacking good exchanges! |
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I don't see any new exchange that can be big fish in the future. I had a strong faith in tradeio exchange and thought it will be something like the Binance, but I was wrong, the team is very unprofessional, so the exchange is now in hibernation mode! Later, I thought BCNEX will do better but they are already likely scam! People are talking about EZ365 exchange, but personally, I think they talk too much but no real output! So, I have no faith on any exchange that can grow like Binance, Kucoin or Okex! But Gateio coin price will be huge like the KCS, OKB in the next bull run!
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A new system or method will emerge when there is a "problem" regarding the misuse of the existing system or method. For example, when investor confidence starts to decline when many fake dev teams use the guise of ICO to raise funds and then run off without a trace. That is why IEO appears, with the guarantee that investors immediately get the tokens or coins they invest in an exchange, IEO is increasingly popular when handled by popular exchanges such as Huobi, Binance, etc. Over time, investors will be more selective and adapt to the existing system. What new system will appear? I have not seen a serious problem about this, except for bad projects that do IEO on shitexchange and investors who don't care enough to be fooled.
IEO is also coming to an end. For a long time there is no such number of participants in investing as it was in the spring of last year. Then it was difficult to get into the number of investors on major exchanges. Now it is much easier to do this. Everyone remembers about IEO only because they haven't come up with anything better yet. But I think that in may, immediately after the end of the epidemic of a new virus, a new way of investing will be offered. Sorry, I don't think IEO will end this soon! Do you see any other plan comes except some scammy idea like IMO, IAO! Harmony, Tokoin, SERO, GowithMe, VSYS, MATIC all these gems came through IEO! A lot of investors are waiting for a new project from Binance, Kucoin! These exchanges are making good profits too, so, these big exchanges will hold the IEO for a long time, they won't let it go like ICO! You can say all projects that did not come through the good exchange, they have vanished or nothing to give in the crypto industry! |
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Personally, I’m ready to wait, even if now the price drops even lower. Better I will be patient and sell at the best price.
This is the best decision for now. Selling low will be a big mistake when we know the patiently hold can give us a good profit in the near future! Though I saw some people selling crypto to fight back the coronavirus outbreak, as they hold their savings in crypto! We can't blame them rather my thought is same, whenever you need money badly, ignore the price, just sell it! |
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