Hi guys! I'm pretty sure that many of you have been experiencing difficulty on making other people aware of cryptocurrency and how it works, right? I myself find it hard to explain it even to my own family. Once you mention it to them, the first thing that comes to their mind is that it's a scam. Can't blame them though because the news about crypto scams are always hyped in social media and believe me, even my 70 year old mom has Facebook!
Anyway, I realized that this is the case because there has never really been any formal education about it at all. We knew about it only thru word of the mouth right and we only got to learn it slowly thru experience. This said, I'm thinking, what if it's taught in schools? Perhaps just start with those taking Accountancy or Banking and Finance courses to begin with, then eventually incorporate it to Mathematics subject or whatever in High School? After all, they were able to do that with banking, right? Why not with cryptocurrency? What do you think?
Absolutely agree with you, mate! There must be some crypto discipline being taught at schools and universities. For sure this is the task for our educational systems as well. I'm more than sure than in a few years blockchain and cryptocurrencies would be mandatory to be studied in each and every country))
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Do you think bounty hunters are a job in your spare time, additional income or is it the main job and the main income of people?
It definitely depends on the person because bounty hunting can really be a full-time job and can bring lots of profits with the right approach. As for it's an additional income because I'm sure in the future of bounty hunting as it is now. I think it would transform overwhelmingly.
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If you are to choose, which one would you prefer to store your money, banking which is susceptible to fraud like identity theft, lost and stolen cards, ATM withdrawal scams etc., or cryptocurrency wallet which is susceptible to cyberspace scams? Why?
I would prefer to store my money in cryptowallet definitely despite the risk of cyber theft. If using cold wallets and protect your data appropriately then you would never worry about your crypto being stolen. But unlike the banking system no one would ever shut down my account and froze my money))
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Guys, what is percentage of bounty projects which do not care about listings? Tell me, please, based on your own experience, of course. I mean that some part of them(projects tokens) are not tradable as the team does not care about listings.
In my point of view practically 90% of all projects do not care about listings and overall development as well. All they care about is to raise money on ICO and get rich)) However there do exist such projects that are working in accordance with their roadmap and think about its users.
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Is this bounty campaign still live? I'd like to join social media campaigns but can't find out whether this bounty is over or not. Very promising project as for me. That's a pity I haven't came across it before.
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What does crypto mean to you - a means to a fast buck or a step into the future.
Crypto is a step into future for sure. It's not a get-rich-quick scheme and I think it will never already be. The market is becoming mature which means that the profits will be appropriate. However in 2019 I'm waiting for a good last pump of the whole market.
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Long-term investment does not always work. At a time when the market is going down long-term investments do not bring the expected profit.
long term investment means several years just to let you know. The market won't be going down that long. That's clear as a daylight I think.
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Many people live there life as a bounty hunter. They were making some good money by just doing bounty campaigns. But good days are coming to an end. Now almost 80% campaign is scamming. They are not paying a single coin. So the golden days of bounty hunters are coming to an end What do you think? If you will properly choose bounty campaign to participate in then most likely you will not be scammed. However it is true that the bounty sphere has become less profitable as it was at the beginning. But this is just an evolution.
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A friend of mine recently joined a bounty project and wore their signature for good four month making 15+ post every week and accumulating his require stake for the week for the entire bounty project. Just at the close of the last week of the bounty campaign he found out that the project was a scam. Ever since then, he feels very awful and despairs bounty projects. Today, i was hoping you could share your feelings about your experience with scam bounty projects. You might want to leave behind words of motivation for my buddy to ginger him back into the business of bounty work.
yes that's true, it's always very disappointing when such situations happen, but on the other hand the only thing lost is time, not money and not health for God's sake. Besides this is a great experience and in future it will help you to choose ICOs and bounty campaign more precisely and you will hardly ever be scammed again when you reach enough of such experience. Think positive!
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There are more than 1000 altcoins in the market. What do you think for the most stable altcoins?
There is no such a notion as stable altcoin)) However I do think that some of the crytpocurrencies are promising while the others are doomed to leave the market and die very soon. As for the former I think it is XEM, Stellar, EOS, TEzos, Omisego and some others.
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dear all
now three months gone , but still the market correction going. Most of the days are red. Most coins are 50-90% depreciated. what do you think about these?
is this a bubble or is this ending coming? or normal
Now your question is more actual than ever)) However I still think that this is just the correction of great growth in 2017. And I'm more than sure that we will see new all time highs on the market including altcoins which will moon even more than bitcoin.
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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'm 100% ready to use crypto in my every day life. And moreover I'm waiting for this moment to happen impatiently. But I'm afraid it will not happen soon, we need to wait for the market to mature, it's still too young and too weak.
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I am a full time bounty hunter. But I am not good at making decisions. Because recently I have received some tokens from a bounty campaign. Now I am really confused about, should I sell the tokens or should I hold them for the price to be a rise?
Note: The token company is saying that the price will go higher. On the other hand, some experts are saying that the token is not good enough to go higher price. What should I do?
The most reasonable for you from my point of view is to split your earnings. For example half of what you've earned you sell right after you receive your bounty reward and the other half you hodl until the token moon))
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Crypto's that have a utilitarian purpose are suited to survive any bear market we encounter. Also, first movers like Bitcoin & Ethereum are obviously here to stay. ICO based coins like Curaizon & Nauticus have REAL purposes in this community. Curaizon is solving a real world problem in the medical industry & Nauticus is creating an exchange that is unique in several different ways. If you had to compile a list of ICO's, which ICO's would you infer will survive the next 2 years? What are your top 5 coins for the long haul? Curaizon - https://www.curaizon.com/Nauticus - https://nauticus.io/I will absolutely agree with you. However I haven't heard about Curaizon & Nauticus before. I will check them out for sure one of these days. As for me the top5 coins for strong HODL are the following: XEM, PundiX, Cyndicator, Patientory, Amber. There are much more for sure. These are the ones from top of the top))
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as we know that there are too many coins in circulation. What do you think of choosing a good coin to be used as an investment?
There are two strategies here. You can invest either in a well-known coin from let's say Top-50 of coinmarketcap or you can choose a new promising one based on your experience, deep analysis and intuition. The second one is more risky but it can turn out to be super profitable.
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The current situation of bitcoin and all the crypto currencies were not good but it doesn't mean that this will be the end of the cryptos since we need to acknowledge that this is not the first time the crypto prices were falling this much so everyone needs to be patient and just get away from your panic this will help the prices to recover faster.Start believes that crypto currencies were going to be the future of this payment system and start HODLing that coins.
Easy to say, but hard to do. Even the strongest faith in crypto can be ruined by the deep moves of the market. It's just peoples' psychology based on which all the markets like stock, forex or crypto are making a lot of money. The ones who really earn here are the whales who manipulate market and set the game rules.
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The crypto market is in the red right now, Ethereum suffering the most, but don't panic sell people, it will rise again.
For sure it will rise again, the main question here is when it gonna happen)) Because there are a lot of people who are already trying to make a living on crypto so they are forced to sell ethereum and other coins.
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When should we be expecting market dip to stop, red market is not encouraging and it really affecting our expectations on bullrun
I think the decrease will stop when bitcoin reach 5200-4800$. After it the trend will change to bullish and we will see a great growth of the whole market. But all this will be in the first half of 2019 or later.
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I have got have $2000 to invest and I am planning to invest it into stellar, ripple, ethreum or else half the amount in but coin and remaining half in newly launched ICO. Which one would be a better option?
I would recommend taking a look at the Mobu ICO which you can see in my signature. That's a really great and promising project. It is a decentralised platform and end-to-end solution for ICOs to launch compliant security tokens on the blockchain. Launching an ICO that offers a security token can be extremely challenging due to the magnitude of technical, legal and regulatory requirements and procedures. As an organised ICO platform MOBU offers a complete blockchain solution to expand the horizons and solve the problems of cryptocurrency developers who are hesitant and unsure about all the procedures required when offering security tokens to the cryptocurrency community. To learn more head over to the official website.
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