Do you agree that Bounty needs KYC?
In my opinion only, I will agree with this policy to avoid multiple accounts or the use of other accounts in bounties. If it has this policy it will be fair to investors and to bounty participants. Scams can be reduced to a bounty. Dumpers can also be reduced.
What is your Opinion? Free comment.
I dont like the idea of KYC in bounty because we are not customer to begin with. Also i'd love to protect my identity to the risk of hackers here in crypto. However i love the idea of it that lessen the multi account user and dumpers however it is still unfair for teen bounty hunters out there that dont have any government issued at the moment.
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Well it is up to them if they want to be part in crypto industry, because to be honest in my university there are alot of teens are interested in cryptocurrency some are joining programming clubs because they want to learn more programming skills and they want to become blockchain developer. Also a professor in our university persuading us to know more about crypto because it might lead us to become rich. Engineering class btw.
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My crypto plan as of the moment is to enjoy market crash by purchasing cheap tokens that is available right now in the market. After that ill continue to hold it til December because that is the time that crypto will experience bull market again.
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I always know that ICObench is not that good enough in doing reviews they all just after the payment of ICO project to fake ratings. The bigger the payment the good the rating is. But I do use icobench to check the progress of finished ICO
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This happened to me a lot of times now and I know that this also happen to you guys. How can we fixed the issues where when we applied for a signature campaign, some user will also apply using the same bct account name and bct profile link but they will use their own ETH address. I've reported a lot of times to every manager about this kind of issue and it is really tiresome and my time is being wasted.
Can campaign manager prevent double entry of bct name when someone is applying for a bounty campaign?
Well it can't be help there is no such code yet for spreadsheet to do auto cancel out if there is the same name/words in the data. Well it is a new modus of bounty cheater so that they will earn token for using high ranked members without doing a single thing. This is the challenge for all bounty managers on how they will deal on this kind of cheats.
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Hold is Bitcoin for long time, there is no much profit. You know why ?
Because if you only hold Bitcoin your balance will grow up only on USD rate. For example you hold 1 BTC . Current price 7500$. It's might 10k after some day. But you still have only 1 BTC.
Now think you have 1 btc and you convert it into BCH. Example for 1 BTC you get 10 BCH. Rate per bch is 0.1 BTC .
After some day if Bitcoin grow up, At the same time BCH also will grow up. If bch rate grow 1.5 btc then you will have 1.5 BTC.
But before buy alt coin please select best coin to avoid dump.
So what you think. Hold alt coin or Bitcoin ?
It is a good example but it dont happen always, it is still safe to hold bitcoin than any other altcoin out there. if bitcoin is only $7500 then it raise to $10000 then it is easy $2500 worth of profit. Bitcoin will still be the safest bet for cryptocurrency for long term because sooner or later bitcoin can broke through $20k again.
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Have you ever take wrong decision when you were panic. share your experience
No, since the beginning of my crypto career i didn't panic a single moment, because i already know the risk of cryptocurrency this is why i choose to enter it. If the market crash i didn't panic because i know it wont do good to be. The only thing I do during market crash is to buy cheap tokens that have a potential in the future so that once it recovers then ill be having decent profit for my portfolio.
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Many ICOs have realized that Bounty hunters always sell their coins immediately they give it out to their wallets especially when they are on exchanges. What are the reasons why they sell it out and what should bounty hunters do when they are given the tokens.
It is precisely because the project progress is not good enough thus many bounty hunters are dumping coin as soon as it is listed on a exchange site. However if the ICO reaches hard cap you'll see most of the bounty hunters will not dump but rather will wait for good exchange site before they will dump the coin.
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What can you say about this new issue about Ethereum? Do you think that despite it's popularity next to Bitcoin, Ethereum should improve their safety and security features to avoid more hackers in their blockchain?
You cant blame ethereum for this issue because it is the user's and third party program's fault not ethereum itself. Ethereum always reminding us that it is risky to transfer eth to other third party program, with that reminder ethereum already warned you that it is not safe.
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You're unlucky because you've joined scam ICO they are playing their own token buying many so that the price will pump and catch the interest of the investors. This is a simple yet effective plan that scam ICO/project is using. So beware with this kind of project
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What advantages do altcoins have that differs it from bitcoin ?
The most common and known advantage of altcoins to bitcoin is that altcoins are much cheaper than bitcoin. Also if the altcoin really has the potential then it will grow in price by a large margin in the future. So it is sometimes better to invest to altcoin since you can buy many before it actually pump. but also bitcoin is good investment for long run.
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Well it is good for bittrex, however there are still alot of people suffering from bittrex since their funds are locked to bittrex because they were not able to pass the KYC needed in order to withdraw. Hopefully bittrex will assess this issue too so that many people will go back to bittrex.
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Altcoin that are good to buy this time are EOS, ADA and ETH these coins have potential in the future also the price is really cheap right now so it is better to stock many then sell it once it recovers or if want bigger profit hold it for a 6 months or a year.
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Eth is much profitable now since the bull run of EOS just ended so logically it will take months to bull again. So go for Ethereum because it has more potential in the long run than EOS.
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It is easier to be said than done because you're not in the their situation. You cant blame them because some of them lose huge amount of money. But hoping for them that they don't dump their coin and just patiently hold them for far to long so that they have a chance to earn profit.
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I am really afraid thinkg the current situation. I know and believe that market can go up anytime. But day by day, people are loosing and moving out from this industry which is really unexpected. What do ou think regrding this?
Men dont be afraid because it is common here in cryptocurrency be afraid when you see Eth goes back to $200 usd and bitcoin to $2000 that is the time to be afraid but with this little crash you shall not panic unless you want to lose asset. You can always take advantage of market crashes because that is the time when you can buy cheap coins.
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For me it really depends on the result of the ICO of the project. If the ICO reached hard cap then hold it because it is supported by many however if the project didnt even reach soft cap then dump it as soon you receive it because it will not increase more in the future.
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I am really surprised seeing the current situation of the market. Approximately, all he popular coin price is drastically falling. What is it symbolizing?? Should I do invest now or wait to see what happen? Im not surprised since it is normal in cryptocurrency. I expect that each and every coin will drop and increase. But the good thing to do now is to invest more since it is in recovery state so it is better to buy cheap coin and sell it for short term if you want short term profit.
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Hey what do you think, is it risky to buy crypto currencies that are not top 100? I mean do you have a higher chance to lose your money or not?
It is risky to invest existing coin which is not in the top 100 because you cant be sure whether they can still increase in price, however if you want to risk then invest to and ICO and buy during pre-sale so that you'll get a lot of bonus, but beware of ICO there are alot of scams ICO out there.
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