bering
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March 26, 2019, 08:55:11 AM |
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Apparently OP statements might be based on him experience during involved on ICO and that's why i always be skipped ICO's with KYC because there is no guarantee ICO's will be successful although KYC required
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dicaprio
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March 26, 2019, 03:38:37 PM |
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It is great that there are people who already understand this. But we need to make sure that the SEC understand what KYC is in the digital realm is simply impossible. Even if today you need to show it to banks. Today everything is not so simple.
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Uju4real
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March 26, 2019, 04:01:46 PM |
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There was a time people could happily drop their details online for bounties cos they know the project is strong but not now, most projects requesting for KYC now are scam and only wants people's details for their own benefit. The good projects I can say now are not after your KYC but the success of their project
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ZEIIMAN
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March 26, 2019, 04:23:12 PM |
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I also think so. All of these KYC is required to collect additional money. Since we collect a huge amount of data, and in consequence of which they sell on the black market.
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malikusama
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March 26, 2019, 04:24:54 PM |
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There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle
KYC on exchanges are still acceptable and justified but during ICOs and bounties is totally baseless and risky too. I never want to reveal my details to a project whose background is doubtful. Surprisingly, those that didn't require KYC paid me and the project is truly developing
KYC didn't assure that the project is genuine and will develop in future, most of the promising projects don't care of this shit (KYC).
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kudil
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'Free as a bird'
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March 26, 2019, 04:34:20 PM |
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There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle
So that's why I always research information before join with any project. And for KYC, I wouldn't fill it if I should to fill it before ICO project ended. Once again, although we are bounty hunter, we must liken ourselves as investors before joined, made a research, always ask, follow the development, and serious. So we can make a decission to trust the project or not, and fill our KYC or not.
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m0Ray
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March 26, 2019, 04:40:45 PM |
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Just now the era of the mass ICO bench has come. And besides the fact that the project developers can deceive investors, they can also create their database and resell it to other projects or simply re-open new projects under other names. And since the organizers have your data, everything goes legally and they can sell their tokens to fake people.
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Fumzy
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March 26, 2019, 05:59:41 PM |
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I don't think there is a way to get rid of kyc, I'm seeing it as being a very big deal in time to come. It might become a very strict policy so let's slowly get used to it while applying caution so that we don't give out our details to the wrong set of people
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campusnet
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March 26, 2019, 06:04:34 PM |
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I don't think there is a way to get rid of kyc, I'm seeing it as being a very big deal in time to come. It might become a very strict policy so let's slowly get used to it while applying caution so that we don't give out our details to the wrong set of people
I think everything now needs KYC. investors even for campaigns and airdrops only need KYC to participate. so far it might still be normal, but we don't know in the future, what happened to KYC that we did. Hopefully there is no misuse of the documents we provide.
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Leah38
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March 26, 2019, 06:08:44 PM |
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Some project requires KYC. Its OK for me as long they are not too strict and will not verify my identification details. One project didn't approved my KYC for the fact that I don't look like my ID picture. The picture was taken 10 years ago so obviously I've aged. Other projects are OK and approved without difficulty.
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YinShuiSiYuan
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March 26, 2019, 06:27:15 PM |
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There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle
What the point ? Do for the KYC or not, if all the bounty of ICO need KYC you are never follow they project? do not be pessimistic and never lose your trust every project need the KYC. The point is that many bounty hunters have very similar experiences with KYC. The point is that the personal data sent can be sold and used for criminal purposes. And as for trust, when sharing your data, you do not know who, you have to be very careful, because it can end very badly.
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Sri rahayu
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March 26, 2019, 07:10:12 PM |
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I once asked the admin of a project, what will be done with my personal data after being checked by the team? they answered, Personal data that you have sent will be automatically deleted within 3 days and will not be saved, and I see that project has developed until now, so in my opinion, the project would depend on how the project team and community. Kyc has many functions, and that depends on their intention, whether to prevent fraud or indeed there are some countries that are not permitted to join their project.
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dedi joni
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March 26, 2019, 07:15:04 PM |
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The point is that many bounty hunters have very similar experiences with KYC. The point is that the personal data sent can be sold and used for criminal purposes. And as for trust, when sharing your data, you do not know who, you have to be very careful, because it can end very badly.
What is the use of documents for criminal kyc already been the case? I myself haven't heard of the existence of a case of abuse of the kyc documents we do to campaign by some parties. because all this is still fine.
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indoagung88
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Files.fm - Store, Share and Sell Files
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March 26, 2019, 07:24:25 PM |
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Sometimes I also think so, when the project that asks for KYC, doesn't work. While some of the projects that I have participated in successfully and registered, for me this is strange. Then what is the purpose of them asking for KYC, if the results fail ?? Confusing and difficult for me to understand until now.
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TWW
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March 26, 2019, 07:55:53 PM |
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Sometimes I also think so, when the project that asks for KYC, doesn't work. While some of the projects that I have participated in successfully and registered, for me this is strange. Then what is the purpose of them asking for KYC, if the results fail ?? Confusing and difficult for me to understand until now.
they just want to get support from the recorded community. if it is an exchange platform it is very important because it could be a large community support if there is a lot of data collected.
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Delilonia1
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March 26, 2019, 08:00:37 PM |
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I think the idea of kyc is still the best in keeping the reputation of crypto intact and progressive. With the major setback crypto is having currently kyc is one of the tackling means of making things better. And like some of those that responded has rightly said, projects requiring kyc are not all scams or shits.
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H1N1
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March 27, 2019, 04:56:01 AM |
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There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle
Easy, just don't take a part in bounties requiring KYC to obtain the reward. Try to find another bounties without requiring KYC, and take a part into their campaign. If you cannot find bounties without KYC, then just don't do any bounties for some time, just wait for a good time.
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MadeinCoin
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March 27, 2019, 05:00:23 AM |
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I think the idea of kyc is still the best in keeping the reputation of crypto intact and progressive. With the major setback crypto is having currently kyc is one of the tackling means of making things better. And like some of those that responded has rightly said, projects requiring kyc are not all scams or shits.
Most of those who claim fraud, tokens are worthless, they who have ever disappointed or cheated by the campaign with the KYC system.
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Ozero
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March 27, 2019, 05:46:06 AM |
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For the success of the ICO project, I do not see any difference whether they ask for a KYC check or not. However, in terms of the security of our privacy, it would be better to avoid such checks. In general, I still consider KYC checks against bounty hunters illegal. We should not go through them, because we are not investors in ICO projects. The KYC check should only be carried out with the aim of preventing dirty money laundering and combating the financing of terrorism; conducting it with any other goals is an excess of the authority of the ICO team.
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yesiam6
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March 27, 2019, 05:56:08 AM |
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There is one thing I have realized from my experience with KYC for bounties. Almost all the projects I have provided my personal information to them failed to even get listed on exchanges and the project dies off. Surprisingly, those that didn't require KYC paid me and the project is truly developing. My point is, am beginning to think those project requesting hunters to go through KYC are just in for their information to trade and do not have any intentions to develop their crypto project so let's be vigilant about whom we carelessly give our details to, for some peanuts...May God bless our hustle
Even most bounties before the KYC wave did just send you worthless tokens and phishing mails, with a valid id pic they can do some extra shady things. I've mostly given up on airdrops because of that , it's not even worth the time putting in your details
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