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cryptonewbie
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November 24, 2019, 12:09:55 PM |
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The problem is many project owners come up with ideas that are attractive on paper but totally unworkable in the real world. That said, a lot of their tokens end up being redundant and useless as they find no use for it and the project itself stalls when senior team members begin to lose hope by moving on to other projects.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Serco
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November 24, 2019, 12:27:43 PM |
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The problem is many project owners come up with ideas that are attractive on paper but totally unworkable in the real world. That said, a lot of their tokens end up being redundant and useless as they find no use for it and the project itself stalls when senior team members begin to lose hope by moving on to other projects.
and this kind projects make investors loss their trust to market. once again, many people want to earn money easily from cryptocurrency market and creating useless projects will be their way. more than 80 percents new projects come from fake developer. unfortunately as investors we could not identify them although we've seen many example from previous projects. moreover creating token very easy although we have no skill in blockchain programming. many people provide their services to do this, and it be the main factor that influence project quality. |
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meliodas
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Activity: 742
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November 24, 2019, 12:34:51 PM |
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The patterns that I saw within the new projects is pretty simple. They all launch their project and hype up their community and other people inside the cryptocurrency market and when the hype is built up, they start to exit their project by selling their shares or tokens and when the hype is gone, they start to abandon the project or just make some story that will make the investors believed that it is not their fault why the project failed.
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wildan88
Legendary
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Activity: 1862
Merit: 1046
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November 24, 2019, 01:41:56 PM |
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Investors are now smarter about where to invest their money, if a new project is not too clear there will be problem in their fundraising, developers must go for extra approach when trying to make their project attractive to investors
You can expect the investors to be more careful and to take additional security steps to protect themselves from the scams. In many cases, the ICOs that go for listing don't have anything concrete to show to the potential investors. All they have is an idea and in many cases not even the preliminary phase of investment is complete. And in such cases the investors will be reluctant to pour their hard earned money in to them. I think investors are just traumatized because they are often exposed to project scams that make investors lose so much that currently there are very few investors returning to participate in a project, I see many of them trying to move to IEO, which is a bit safer and more secure. yes, at this time many people are moving to IEO, because the trade is clearer, as they work directly with large exchange and we can see that IEO sales are always sold out. any project about ICO, it must be difficult to get investors. many people say ICO is truly dead. so now the investment evolution is moving to IEO. It also depends on the level of the exchange. A lot of small, little-known exchanges regulary provide IEO sales but they turn out to be unprofitable even at the fist few hours from the start of trading. Therefore, choice of the good exchange is also very important for investors in case of IEOs. Of course, choosing good trades is easier than choosing good projects, but some good exchanges, such as binance, are really difficult to take part in the sale at the beginning, I followed several times but never got it. because it is limited, so the person who gets it is very lucky, can get more profit. |
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Pamadar
Legendary
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Activity: 2982
Merit: 1028
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November 29, 2019, 07:21:58 AM |
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The patterns that I saw within the new projects is pretty simple. They all launch their project and hype up their community and other people inside the cryptocurrency market and when the hype is built up, they start to exit their project by selling their shares or tokens and when the hype is gone, they start to abandon the project or just make some story that will make the investors believed that it is not their fault why the project failed.
Because these projects never intended to stay in the market. There main purpose is to fool innocent investors around and get some money with ease. If they ever become serious to their work, the amount of money earned would be far larger than the fraudulent one. But people mostly sacrifice long term profits for short term ones. Human nature. It is best to stick with old coins and projects. Most of those developers are no longer interested for further success but to aim for quick benefits. They wanted to have easy access to gain from the market. Offering projects that is not looking for real usages but just to trick new investors with sweet promises of success, Those developers exist around the market so better to make proper assessment and don't stop studying any potential coin that you desire to invest your money. |
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cryp24x
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November 29, 2019, 12:09:22 PM |
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Good projects really exists nowadays. If it will be compared to those projects that has successful ICO, I think these are better. But why these projects don't succeed? First, because of the current market situation and second, some investors were really afraid to invest because of scam projects.
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Pom_bensin
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November 29, 2019, 12:13:20 PM |
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The liquidity of a project is determined by investors, so it's useless even if the project with an interesting concept or new innovation but investors are not interested in the project, then it fails. lately I have seen a lot of projects that did not arrive at the soft cap, this year is very different, 2017 is the culmination of everything. the current trend of the IEO project is like that of the binance exchange, and it also depends on who is analyzing it and who sees it.
Investors determine the success of a project, so when a good project with a mature concept, but if there is less marketing to attract investors, failure will occur. this often happens due to lack of marketing team preparation, problems like this should be used as experience for the project developer to be able to run the project and make it a chance for the success of the new project |
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EvgeniyLEV
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November 30, 2019, 07:17:55 AM |
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The situation is rather complicated with new projects. There were a lot of dishonest projects (ICO and IEO) and investors no longer really believe. Many new projects with a weak team and marketing, so investors do not invest. New projects need to be professionals. I think the development will be positive.
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ancafe
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November 30, 2019, 08:37:47 AM |
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The patterns that I saw within the new projects is pretty simple. They all launch their project and hype up their community and other people inside the cryptocurrency market and when the hype is built up, they start to exit their project by selling their shares or tokens and when the hype is gone, they start to abandon the project or just make some story that will make the investors believed that it is not their fault why the project failed.
yes, sometimes I also think like that. Certain people make use of projects and concepts that they have just to collect money from investors. the worst is when they have registered in a market, and then they leave the project without any development. Well, it's as if they just made it take money from investors. I hope that projects like this will change soon. |
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Christabel247
Member
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Activity: 555
Merit: 10
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November 30, 2019, 09:31:31 AM |
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Most investors are scared to invest now based on the past failed or scam project they involved in. The dwindling of the prices of crypto coins are also a barrier. We invest to make profit not loss.
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Lantind
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November 30, 2019, 10:21:38 AM |
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Most investors are scared to invest now based on the past failed or scam project they involved in. The dwindling of the prices of crypto coins are also a barrier. We invest to make profit not loss.
Fear of losses through crypto investment is indeed very reasonable, just every job we do there are certainly risks and consequences that we must bear, so being brave to take risks on the basis of good analysis is very good rather than afraid and does not make anything. |
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drumamat
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November 30, 2019, 10:29:49 AM |
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What the *eck is going on? we have many good projects coming into crypto space but they mostly end up failing, too many good new projects are dying as if they are been created to just die, what do you think its killing new good projects apart from scam projects?
A lot of factors actually.For example, regulators can prohibit the activities of the project.As we are now seeing with the TON project.The project is mega cool, but if it is banned now, it will automatically become a failure. |
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TWW
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November 30, 2019, 03:01:51 PM |
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What the *eck is going on? we have many good projects coming into crypto space but they mostly end up failing, too many good new projects are dying as if they are been created to just die, what do you think its killing new good projects apart from scam projects?
A lot of factors actually.For example, regulators can prohibit the activities of the project.As we are now seeing with the TON project.The project is mega cool, but if it is banned now, it will automatically become a failure. yes, everything is related. some new projects also have the same reason as saying regulations from their countries that limit their development projects and eventually have to stop. but if they are professional developers they should know what needs to be done. when a country strictly regulates a crypto platform, it should not need to happen. |
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kodtycoon
Legendary
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Activity: 1568
Merit: 1002
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November 30, 2019, 03:08:20 PM |
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there are no new problems that happen there because most new projects only want quick profits without regard to investors after they get a lot of funds there. so i guess it is not surprising why many new projects are created just to die, even though softcap is not achieved but at least they have benefited even though not much, in contrast to good projects at least they will continue to strive for projects to continue to grow even though growth is slow
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Tcode53
Copper Member
Jr. Member
Offline
Activity: 630
Merit: 1
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November 30, 2019, 05:09:55 PM |
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With festive period approaching, it seems like an appropriate moment to take a peek into the crypto industry’s graveyard. Even in an industry as young as crypto, plenty of projects have already died. For a new project to thrive it needs to deliver something unique to the general public, we have seen too much of irrelevant projects spring up daily
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aemma
Copper Member
Member
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Activity: 966
Merit: 14
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November 30, 2019, 05:15:19 PM |
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What the *eck is going on? we have many good projects coming into crypto space but they mostly end up failing, too many good new projects are dying as if they are been created to just die, what do you think its killing new good projects apart from scam projects?
Good projects you say?? How did you know they are good projects? What idea is within the platform and how experienced is the team? There is no doubt many projects are dying at the same time there are others still striving to stand their grounds. On the other hand, there are certain things killing most projects like the team not having the right skills to market their project adequately, the type of exchange and the partners within that said project. |
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maianh09
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November 30, 2019, 06:43:54 PM |
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new project is fine, nothing wrong, but the issue is people are not interested in kind of IEC, ICO sh*t anymore,
so much scams, and pointless project, born to scam. or if not, it still be abandoned after few months.
if I have money left, into ICO will be the last thing on earth I do
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Insomnia family
Member
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Activity: 868
Merit: 10
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November 30, 2019, 08:02:42 PM |
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new project is fine, nothing wrong, but the issue is people are not interested in kind of IEC, ICO sh*t anymore,
so much scams, and pointless project, born to scam. or if not, it still be abandoned after few months.
if I have money left, into ICO will be the last thing on earth I do
Nowadays it is very difficult to get a project that is really high quality or at least can give us the appropriate payment when we participate in campaigns or we participate in token sales, maybe new projects are starting to slow down due to the increasing number of scam projects, fewer investors will enter to a new project. I think more about entering into trade than having to enter into iCO projects that are not clear. |
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key4co.in
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November 30, 2019, 08:34:58 PM |
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What the *eck is going on? we have many good projects coming into crypto space but they mostly end up failing, too many good new projects are dying as if they are been created to just die, what do you think its killing new good projects apart from scam projects?
Good projects you say?? How did you know they are good projects? What idea is within the platform and how experienced is the team? There is no doubt many projects are dying at the same time there are others still striving to stand their grounds. On the other hand, there are certain things killing most projects like the team not having the right skills to market their project adequately, the type of exchange and the partners within that said project. Greed on the part of the team and also inexperienced team members are the biggest reasons why new projects fail. Looking at old projects like Stellar Lumen, even with their numerous airdrops they still strive over the years because the team has the right strategies and concepts. However, if the team's major aim of enacting the project is to "cash out" (scam) when they hit their target, it's already a failed project waiting for the day to pack up. |
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rutherford
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November 30, 2019, 10:27:33 PM |
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This year's project may be unlucky and will continue to happen if the crypto market is still unstable. This makes investors think long about taking action to buy to avoid losses, even though the project is good but if the market price is low then it will be destroyed and not developed. But if market conditions improve, then we will not know maybe it could be a miracle.
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