To replace KYC, we have to replace regulation from government too. bcz the one who creates KYC is government exchange, project just wanna pass regulation. they need it to get accepted in their country yes it is contrary with cryptocurrency purpose
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This is one of good project i ever seen, many development for this project made the latest news is about TRX payment in Pornhub. it is a very good news but we have to be patient to wait. bcz it is bearish market which makes altcoin hard to rise .@Pornhub accepts $TRX payment. We need to add USDT-TRC20 supports too. #TRON #TRX https://twitter.com/justinsuntron/status/1194841592412045313
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to me, it is useless to create shit token list, these are following reason:
1 bro, shitcoins are too much in crypto. if you wanna list all of them, it is difficult. i think no one cant make list or even know that's useless
2 update list, there are new shitcoin which make harder to list those shit
3 TBH even most of cryptocurrency is shitcoin
the important thing is, we have to know kind of shitcoin, that's all.
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altcoin will comeback again for following reasons:
1 There are many thing that bitcoin cant can't fulfill, that's why altcoin needed for developing crypto
2 whales wanna make big profit, altcoin can give it
3 regulation hasnt changed. it is still possibly that altcoin can grow like what happened in the past
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I know many people types like what you said. im trying to understand and not make it as a problem
1 first try, they wanna make sure that crypto is real to be able make money, after that they will learn
2 they are busy with others task
3 i dont give a f** wheter they will learn or not lol
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Well, I also invest in the short term. It is very good for people who have a lot of free time. the benefits are not too big but the losses are also not much (balanced)
about loses, it depends on how person does it. if the person trades without any stoploss, it can make a big lose vice viersa, so it doesnt make balance for trading
IMO, There are benefits from short term trading: 1 suitable for this sentiment 2 faster to get profit 3 dont have to wait too long of course
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Bitcoin is the most used crypto in deep web for transaction even there are many better privacy coins, but bitcoin is still the most for this case IMF tells us about this case A recent report by a leading crypto-payment analytic firm, Chainalysis, shows that Bitcoin transactions on the dark web grew from approximately $250 million in 2012 to $872 million in 2018. The firm projected that Bitcoin transactions on the dark web will reach more than $1 billion in 2019. https://www.imf.org/external/pubs/ft/fandd/2019/09/the-truth-about-the-dark-web-kumar.htm
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1. Buy altcoins that have real use cases or backed with real wprking product, they tend to always have value better than copied projects.
ofc this is what should all investors do. 2. Take it or leave it, new good projects will bring better ROI than many old altcoins, feels like we've seem how far old altcoins can go already, now its new altcoins time. There is article telling about this matter, old altcoins (well-known) is better than new good project. I quote part of that article: Some crypto projects have been building for years, have live products, real traction, and proved themselves by surviving the bear market. They’re much lower risk than brand new alts. if you wanna read full of article, you can go here : When Alt Season? Will New Projects Capture All the Value?
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Also Do you believe exchange volume? Well, big volume does not mean the exchange is legit/scam. it's possible that coinmarketcap doesn't update in realtime. I have also heard that the fake is the exchange because it manipulates the trading volume but the CMC also sometimes meddling in this case "if they are get paid for it". I am neutral for this
Big volume needed for exchange and cmc to promote its product I think all the exchanges are fake!!! Not all of them are fake even though in reality it is true happening (a lot of manipulation and fake volume). but I am sure there is a legitimate and trustworthy exchange. so don't judge the exchange all same (bad), coinmarketcap is also not to blame, why? I'm sure behind it all there must be good and bad reasons. (idk, maybe about money or reputation, whos know)
i think yes, most of exchanges, especially CEX, are fake they have to manipulate to get investor/ trader attention
But, we have to see other side, manipulate, still within reasonable limits, is needed to increase trading volume imagine if the exchange is pure without manipulate, you may see very low or even near zero it is not good for crypto development, trader and investor wont get interested and crypto wont be big too
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Some bounty hunters quit because altcoin market is not in good shape but very few new projects still manage to enter this space in this so called bad time, my point is if new projects can take the risks why not same with bounty hunters? altcoin market of this year is poor no doubt but some bounty projects still become a success
Why waiting for altcoin season?
some reasons to answer ur question: 1 you may be right if there are some success project, but the fact that most of project is failed 2 if the project success, the dev gets big reward, bounty hunter isnt. that's why new project can take the risk and not same with bounty hunter 3 time matter, bcz it wastes our usefull time.
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6% rising means nothing in cryptocurrency, it doesnt mean that coin is good or any good positive thing if you look at cmc price, VET already lose -57.13% value all time which is still far from last 6% rising. and that is low effect in alt-cap in the next altseason you will understand how crazy altcoin rises
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What happens if BTC is still rally to 100K ? ALTS ?? dump to zero at the moment BTC sideways until end of the year
this time currently the last choice for ALTs take actions or die..!!!
good luck
i know that bitcoin is pump from $ 3000 to 8800$ and many altcoins dump now but it doesnt mean that bitcoin pump and altcoin always dump. dont think like that bcz there is a season for cryptocurrency, you can see last altseason which make most of (if not all) altcoin pump so hard
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actually, i still doubt with altcoin now, high bitcoin dominance (68%) is the cause im not sure that altcoin can grow in the short term, we need more time even if altcoin is deep, there are chance to get more dip. it isnt always pump after dump
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In my opinion, your opinion is also true. lately there are many low-allocation prize campaigns that get paid for bounties. because their sales quickly reach the set target. but there is also a prize campaign that has a high allocation of funds, but also directly gets payments to hunter participants.
man, bounty allocation and target sales are totally different low target sales doesnt mean low bounty allocation too, that's why it cant pay easily
even on low allocation but dont get any good investment, the dev cant pay bounty hunters dev must consider wisely to set bounty allocation and target sale as realistic and achievable
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there are good and bad things from many exchanges:
1 the good thing is, competitive exchange competition. so exchange must increase their value to grow in this space
2 the bad thing is, too many exchanges ofc too many shit project too.
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every bounty hunters have different opinion about the project, some of them think the project is good so it can be pump in the future. these type will hold their token
some other bounty hunter think that the project is shit so it's better to sell ASAP
i think there is no wrong in every decision. they have different opinion, if in the future they will regret, they can learn from mistake, that's how to get knowledge
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my first impression for bcnex is smooth, easy to use, and clean but i think the UI looks like copycat from Binance, doesnt it? Bcnex still has low feature if compared with big exchange, there is no margin, future, but ya i know it is new exchange and possible to grow
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forget IEO or after IEO. it's better to look for high-potential coins and profitable market movements, because if you wait for coins from IEO project on average the price will initially fall sharply and will not necessarily be profitable when you buy at the lowest position because the potential price rises is small. if your goal is to make a profit, look for other ways and not to depend on the IEO project.
can you give example for high potential coins? ETH? XRP? XLM? you see those are top 10 coins but cant get pump at this time
i know that IEO is very high risk for investing, but it is still profitable if we can choose the good one for example binance IEO, it is has high probability to get profit. most of their IEO is succesfull
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both are ordinary things in cryptocurrency, but for me, dump is scarier than manipulation
in my humble opinion, i never think about that. bcz i know how to avoid them
i always use stop loss in my trading, i have plan too. it is important for avoiding those accidents
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