One investor says it's the only investment opportunity where a poor person can leverage skill and luck, and literally become a millionaire. So, do you think crypto can make us rich overnight?
In the past there is high chance for that, but this year as we can see that the price of most altcoin are dropping, so there is small chance to get many profit over night. |
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What's the general feeling about some of the altcoins that have dropped in value considerably such as TRON, district0x, Cardano and SiberianChervonets.
I've been HODLing these for a while hoping they will recover but their value seems to be getting even lower. With new coins being launched daily, is it likely that these will ever recover?
I think this is where nature selection will start it's work. Any good coins that has a big support from many side should be able to recover their price even though it will take times, but other coins that has low quality will surely perish, just as we can see that some coins being de-listed from the marketcap or in exchange market. |
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Do you think that any altcoin is worth investing in?
Please give me your ideas.
Thank you..
Not all altcoin is worth investing, cause there are also altcoin that loosing their value after a few moments upon released to market. So we have to choose those coins carefully, to avoid any loss because we choose the wrong ones. |
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Recently there have been several news about Etherum falling or bitcoin dumping or more still an altcoin dying
The truth is newbies are been deceived to sell cheap or buy expensive
Newbies need to work and trust their research power and not be intimidated by any news
Usually newbies tend to sell their coins as fast as possible, so they usually sell them as the request in the market. Cause the first payment form something they recently join somehow makes them proud in some way. |
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I think cryptocurrency is starting to get on it's feet again, as i can see in the market, the price of many altcoin starting to rise in a significant value.
I really hope this will keep on going from now and later.
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As we all know that it was news spreading about vitalik leaving Ethereum, that makes people worried if Ethereum won't survive.
If many people still thinking that way, I think it could be bad thing for the future of Ethereum.
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Cryptocurrency is not yet 100% legalized in many countries, but are you psychologically ready to use it every day? Are you ready to get paid in the crypto? In your opinion, when will the dollar era end, and we will be able to fully use the cryptocurrency on a daily basis?
Thanks for the replies.
I think it won't come today, cause looking on the projects and the existing coins in the market, there are major draw back on the price of coins that cause the people to re-think on investing into an ICO. That way will become a big wall for the implementation of cryptocurrency to be used as daily payment system. |
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Of course we have to be selective on any ICO, cause like we all know, there are so many scam project appear during 2018.
If we don't selective, we could end up into a scam project that makes us loosing so much without getting anything in return.
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In the year 2017 so many Altcoin came into limelight . ETC, WAVE, STRATIS, DASH, ONION and many more Altcoin gained remarkable value. Let us guess Best Altcoins for year 2018?
That is a hard things to do, cause during 2018, most of the altcoin is facing a big declining on it's price. Everything that has a good market in the previous year, facing a big drop, so i can't really choose which one is the best coin this year. |
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Hi, everybody. With the development of cryptocurrencies and blockchain technology,not only good ideas and projects began to develop,but also those who want to get a lot of money on the HYIP, use new technologies for their personal purposes. Projects began to carry out the KYC procedure for investors, airdrops, bounties to protect their projects from prosecution by the authorities, to improve security, to know their investors in person. But maybe we can use the KYC procedure not only for buyers but also for sellers. If we introduce such a procedure for new projects, it will increase the level of investor confidence, as well as deter many fake projects from collecting our funds, protect our crypto assets from fraud. This procedure can be entered in this forum to host projects or in special platform. The project developer will have to provide his personal and contact details.
Do you think this is a good or bad idea? Express your opinion.
In my opinion, if it used to filter the people who are purchasing the coins, that could be a good thing to do, cause we can't just simply filter the IP address of the coin buyer. But it would be awful if the one making that KYC is scam project, they could sell our personal data in the black market, and used them for something bad. |
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Well for me i do not think that there would be a pump for the bitcoin like last year but still i am hoping that it will happen next year or maybe pump but not like last yeat as well. For you what do you think will happen
What i'm saying is not what will happen at the end of this year, but it's what i wish happen this end of year. That is a bull run will happen,and most of the altcoin will go to the moon. I think many people will be glad about that. |
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To my understanding, KYC simply means "Know your customer". Investors(customers) who participate in ICO are made to go through KYC process before they are even allowed to purchase their tokens. On the other hand, Bounty hunters are just "part time workers" of the project and not customers. Even if they will be made to go through a KYC process, it should be before they start working and not after. Waiting for them to finish working for the project and refusing to pay them because they failed to pass KYC afterwards is a total cheat.
You might be right, cause i know the struggle of doing KYC, i had met a project that asking many kind of data for the KYC, such as ID, and proof of address (in a form of bill). The last one is harder to get, since i'm still living with my parent, so i don't have that kind of data, all kind of bill still has the name of my parents. So that is really painful, and none the last when i've got the bounty reward, the price of the reward isn't equal with the effort that i done. |
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With the more of scam project that sprouting, making the potential investors hold their investment, cause they got worried if they put their investment in a wrong project that could end up making them loose their investment.
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I refer to choose a project that displaying their team member as details as possible. with that we could analyze whether the team is real or it's just some fake data to collect some fund and then left.
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Beside form the lacking of investment, there is also it lack the support of the people who should be the one utilizing the coins, when ever they lost their trust on a coins, that could be the end of that coin itself.
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I don't think so, or at least not now. Cause there are projects or bounties that paying and the coins are trade able in the market.
What we need to do is find them among all those scam project that keep on increasing their volume.
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I see a lot of fake ICOs that are on this forum and have taken a lot of casualties.
many investors lose their money.
they offer tempting benefits but in the end they cheat and it's clearly against the law.
how can they get away with this forum and this will make crypto electability destroyed.
sometimes I ask whether there is a legal legal umbrella to protect investors where they complain and whether there are legal sanctions for those fraudsters.
and I want to see your opinions and solutions about this.
If all those scam project can't be stopped or at least reduced, there will be possibilities that no people will have their trust on cryptocurrency project anymore. If there is no regulation on everyone who wish to start a new project that opening an ICO, it could be hard to filter the validity on every created project. |
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Every day more and more ICO collect money, and then disappear. Do you think we need sanctions for ICO?
That is absolutely needy, but sadly there is still no regulation created to do that. So it is hard to give any punishment for those scam project with ICO. I said hard not impossible, there are still ways to avoid those, that is to check thoroughly upon investing in an ICO. |
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For me there is no option to do a panic selling, I've always tried to stay calm and don't get carried with the flow of any dropping market.
I was doing that and i could avoid on getting lost and regret after doing a panic selling.
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I think with the more scam bounty/project that makes every investor loosing their trust to invest in some cryptocurrency, that end up on some project that doesn't reach their hardcap, and the effect would be the price of the coin is low if the coin supply not reduced, and for the bounty participant, the reward allocation will be reduced if the project doesn't reach their hardcap.
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