Old crypto ways fades away easily

[joshua123]

Once upon a Time in every bounty life these makes you very bullish on new coins,
1. Well known advisors
2. Burning remaining unsold token after ICO
3. Team Locks their own tokens for years

These are 2017 criterias during ICO most ICOs during those time are really like this plus they have potential to raise fund which is very surprising. Not so many projects now rely on these fact but,  definitely uses exchange for their IEO. Even without any team or advisors they can roll their projects already. You can really see the huge difference from before and now. I like before because only few scammer lurking but now, every aspect of crypto has scammer. Too bad.

[Ashong Salonga]

Once upon a Time in every bounty life these makes you very bullish on new coins,
1. Well known advisors
2. Burning remaining unsold token after ICO
3. Team Locks their own tokens for years

And now the game have changed a lot, if the following doesn't happen well may God help you

1. List on top exchanges like OKEX, Binance or gate.io
2. Coin already trading and have good volume
3. Promotion has very limited reward for promoters
4. Highly demands for the coin or token

What do you think? Drop your thoughts

Well, the difference from the old days compared to what we currently have right now can really be observant specially when it comes to how bounties are being run and managed as well as how the promotion for the future price value of the token created by a project is being done. The good old days are somehow which the processing on how the bounties are being managed is really organized starting from a good line up of the team, the manager, the white paper and of course the idea of the project itself is the most important. Compared to the current situation, bounties are fastly being run, the team behind a project is hardly identifiable which gives people a bad impression that all bounties are like that. Well, change is really inevitable in this industry and its been a while since the old ways of running a bounty has been done. Nowadays, it is hard to say what will be the future value of a coin if it will be valuable or not if you will not took into consideration those other elements you have said which are coin is listed in a top exchange, coin already being traded and high demands for that coin to state that it can go to bullish.

[coinfinger]

Change is constant and that’s it, things are not going to remain the same. If you find a coin with the first qualities you have mentioned now, I don’t think you will take interest in them. There are lots of projects that are not being successful these days and being listed on a big exchange gives investors hope that the project is going to be successful since there is the possibility that it is going to be traded by lots of people. Any project these days that are not listed on a top exchange will likely fail since there will not be much people trading it or making use of it.

[OrangeII]

I think people's beliefs have changed. most now want to immediately see the tokens already traded in large markets. although it is difficult to do, but it is a challenge for every developer to continue to strive to achieve this. yeah, people change, so does their system.

[ethereumhunter]

I think people's beliefs have changed. most now want to immediately see the tokens already traded in large markets. although it is difficult to do, but it is a challenge for every developer to continue to strive to achieve this. yeah, people change, so does their system.

You're right. If people can follow the change, they will survive, and even they will have the new opportunity to make money, but if not, they will not get that opportunity as they cannot see the right path to get there. It is normal to see the change because if everything is not changing, how can we get the better than the old-time? By refreshing the system, maybe it will make people cannot stand with the new change, but it is better for them to make it better.

[Lhaine]

Times have changed, yesterday most people thought crypto was one way to get rich quick and they were attracted and easily cheated by scams. And now no one wants to get into the same hole a second time.
I think it has become a human nature to want to learn from their mistakes.

because many people witnessing  and also experience to be rich because they invested in crypto currency. Thats why they are more people attracted and also invested because some of thier frienda really experience to have a great profit from investing.This is also the reasons why so many scammers also go into crypto because they see the potential of crypto to use to scam. And then we see many fake and scam ICO created after the hype.

[thiscomm]

certain. registering our coins in the top markets such as binance is the best step to maintain price stability because good markets have good liquidity too. indeed the price of crypto depends on the number of transactions carried out but by registering in a good and popular market will help our coins stay seen by investors.

[South Park]

Once upon a Time in every bounty life these makes you very bullish on new coins,
1. Well known advisors
2. Burning remaining unsold token after ICO
3. Team Locks their own tokens for years

And now the game have changed a lot, if the following doesn't happen well may God help you

1. List on top exchanges like OKEX, Binance or gate.io
2. Coin already trading and have good volume
3. Promotion has very limited reward for promoters
4. Highly demands for the coin or token

What do you think? Drop your thoughts

All of the points you bring are important but are secondary to the most important questions, what kind of problem does this coin solve? Is the use case big enough to guarantee creating a new coin at all? Are there any competitors in that field already? Is the coin innovative? Do we need a decentralized solution or a centralized solution is more effective or cheaper? The answers to those questions are what truly determines the success of a project, so even if an altcoin has all the characteristics that you specify above it will be for nothing if the answers to the questions I asked were negative and at best that coin will last for a few months or a year before disappearing.

[Doranile432]

Well things have change and bounty hunters and investors have no choice but to get used to the new ways, I guess it's because of lack of funds that's why many disappointments are fully in crypto space nowadays

[brokenrecords]

personally the only lesser known altcoins who I think will make it through this pandemic, are the ones with bigger plans than just being on exchanges.
Like TEM for example, they have an LOI with Anguilla to provide them with a national digital currency and deals with more countries in the works.
This pandemic will cause most IEOs and ICOs to fail but TEM never did that, privately funded and eyes on the future

[ameliana]

current projects are very different from previous years, especially in 2017. At that time there were many ICO projects that were very successful in the market but instead that in 2018-2019 and 2020 there were many projects appearing but not in line with our expectations. I personally prefer projects based on platforms and real concepts, I mean like project tokens that are already listed on the exchange.

[Perfect35]

1. List on top exchanges like OKEX, Binance or gate.io

This is very important, because most projects that list on shit exchange these days tend not to last long. Even if they had the good volume at the initial stage if fades off easily.

2. Coin already trading and have good volume

Mentioned this a little in (1). Normally, the reward for bounty hunters tend to be delayed, but in a situation where the volume is very low or when there is no volume at all, first, the team will be reluctant to send reward and even if they finally send it, without good volume, most bounty hunters will not be able to sell at a good price.

3. Promotion has very limited reward for promoters

When te reward for bounty hunters is limited, it limits the supply even after the hunters might have been paid. So, there is no fear of the price dump.

4. Highly demands for the coin or token

A high demand results in a higher price. If the demand for the coin or the product that uses the coin increases, there is bound to be increased price with time.

[holly.ball8]

I think when there are too many cryptos out there, people nitpicking and demand more and more. Although I can't say those demand good enough to curb the scam one but it shows people definitely smarter than they used to be.

[suryapro]

For me the gift program is still the first choice. because through this gift program we can have the opportunity to get good coins later. although basically the gift given by the owner is not in accordance with what we do

[travwill]

Times have changed, yesterday most people thought crypto was one way to get rich quick and they were attracted and easily cheated by scams. And now no one wants to get into the same hole a second time.
I think it has become a human nature to want to learn from their mistakes.

because many people witnessing  and also experience to be rich because they invested in crypto currency. Thats why they are more people attracted and also invested because some of thier frienda really experience to have a great profit from investing.This is also the reasons why so many scammers also go into crypto because they see the potential of crypto to use to scam. And then we see many fake and scam ICO created after the hype.

Fraudsters moving to cryptography primarily because it is a new and unknown medium.
The less a person understands the environment in which he is located, the easier it is to deceive him. Any new sphere of life, as a rule, is full of scammers and scammers, of course, provided that there is no regulation.

[shoreno]

Times have changed, yesterday most people thought crypto was one way to get rich quick and they were attracted and easily cheated by scams. And now no one wants to get into the same hole a second time.
I think it has become a human nature to want to learn from their mistakes.

because many people witnessing  and also experience to be rich because they invested in crypto currency. Thats why they are more people attracted and also invested because some of thier frienda really experience to have a great profit from investing.This is also the reasons why so many scammers also go into crypto because they see the potential of crypto to use to scam. And then we see many fake and scam ICO created after the hype.

Fraudsters moving to cryptography primarily because it is a new and unknown medium.
The less a person understands the environment in which he is located, the easier it is to deceive him. Any new sphere of life, as a rule, is full of scammers and scammers, of course, provided that there is no regulation.

cryptos were not unkown now because the longer it exist the more its easier for it to be used because many guides released in a simplified manner also many wallets and other crypto services are now becoming more user friendly  .

 its also strange that a person will try something that he isnt famiiar with even if he knew the dangers that sorounds it  but even familiar cryptoers still got scammed too sometimes   . accidents like this still just happens  .

[Genemind]

Early investors are wiser now and the days where crypto advisors or influencers have a huge impact on projects are over. The way investors choose project is bound to change since projects are being more competitive and how crypto market is advancing changes how projects will deliver their product for investors. I hope that as time goes by people will no longer be victimized by scam projects.

[adzino]

And how many of those "old tokens" that you are talking about actually manged to stay alive on the market? How many of those tokens that went through "burning process" to increase price and demand, actually managed to still hold their price? Lets be real over here, almost none. All those "old crypto ways" you are talking about are just some regular stunts being pulled out by the developers so people starts to think that the price will increase, which in turn makes those people invest on those coins.
The old crypto way faded away once people started to realize this.

[Kasabus]

Early investors are wiser now and the days where crypto advisors or influencers have a huge impact on projects are over. The way investors choose project is bound to change since projects are being more competitive and how crypto market is advancing changes how projects will deliver their product for investors. I hope that as time goes by people will no longer be victimized by scam projects.

Scamming will only be stopped if people particularly newbies study first the project deeply before investing. Competitions are already very close today since out of 10 projects, i guess only 3-4 are legit and the rest are already scammed projects. Time has really changed the crypto market. If before we can still trust those crypto ways, now it's different already.

[Crypto5060]

The crypto market is filled with thousands of cryptocurrencies, coupled with the prolonged bear run a lot of investors have turned away from investing in new project and this has halted the growth of new coins.