PerfectCircle (OP)
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Activity: 252
Merit: 11
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Honestly I don't know what's wrong with new developers in crypto space, investors wants profits so badly but developers wants more, it's normal but without giving something in return is bad, the highest you gonna get is repetitive projects, I'm tired of this already
Look at DeFi projects, they are the biggest new thing in Crypto space today, I haven't seen a failed DeFi project yet but guess what? Very soon we will start seeing too many DeFi projects, because that's what developers do..... Copycating over and over...
This is so alarming, must you create new projects with nothing new?? Oh! I guess you needed money that badly, I get, we all do, anyways, all I have to do is warn my fellow investors, look before you take a leap
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blockman
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June 21, 2020, 07:09:01 PM |
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You should practice of getting used to those projects. They're all the same and there's nothing new that shall be made for a good purpose. All-purpose probably have been proposed already by these projects and what's new that they can think of?
DeFi? not yet gaining the traction and it's not making a noise. Many still don't know how exactly it works.
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btcdie
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June 21, 2020, 07:58:31 PM |
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Creating something new in the crypto world is not easy, developers work hard for it. it's true that something new in the crypto world is good news for investors and with that can get profit quickly. I think if you are an investor why not choose an existing altcoin and do some fundamental coin research, so you can also make a profit. look at the current market conditions all at a low price when compared to 2017 and I'm sure the bull run will continue.
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cryptonx
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Activity: 1176
Merit: 252
Futurov
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June 21, 2020, 09:52:09 PM |
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Honestly I don't know what's wrong with new developers in crypto space, investors wants profits so badly but developers wants more, it's normal but without giving something in return is bad, the highest you gonna get is repetitive projects, I'm tired of this already
Look at DeFi projects, they are the biggest new thing in Crypto space today, I haven't seen a failed DeFi project yet but guess what? Very soon we will start seeing too many DeFi projects, because that's what developers do..... Copycating over and over...
This is so alarming, must you create new projects with nothing new?? Oh! I guess you needed money that badly, I get, we all do, anyways, all I have to do is warn my fellow investors, look before you take a leap
Indeed, a lot of copycat project now,, only few project born with pure idea And of course people must do their deep research before investing to reduce the risk in crypto investment |
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krisnajsadrak
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Activity: 1092
Merit: 250
Hodlers Network
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June 21, 2020, 10:06:58 PM |
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Honestly I don't know what's wrong with new developers in crypto space, investors wants profits so badly but developers wants more, it's normal but without giving something in return is bad, the highest you gonna get is repetitive projects, I'm tired of this already
Look at DeFi projects, they are the biggest new thing in Crypto space today, I haven't seen a failed DeFi project yet but guess what? Very soon we will start seeing too many DeFi projects, because that's what developers do..... Copycating over and over...
This is so alarming, must you create new projects with nothing new?? Oh! I guess you needed money that badly, I get, we all do, anyways, all I have to do is warn my fellow investors, look before you take a leap
don't know about defi project, but if you talk about this defi https://coinmarketcap.com/currencies/defi/i think thats weird by calling this project are "the biggest new thing in crypto spcae today" because the volume is very low, less than $150 in 24 hours depends on coinmarketcap data |
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Yamifoud
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June 21, 2020, 10:24:16 PM |
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snipped...
don't know about defi project, but if you talk about this defi https://coinmarketcap.com/currencies/defi/i think thats weird by calling this project are "the biggest new thing in crypto spcae today" because the volume is very low, less than $150 in 24 hours depends on coinmarketcap data You can find a lot of Defi (Decentralized Finance) projects https://defiprime.com/No, they are not weird projects as you think. Investors are looking for decentralized projects for they think that it can't be manipulated by those market whales, unlike centralized projects. But somehow, we can't neglect a thing that scammers and fake shilling project will surely come because of their greediness. They'll come not for the good of everybody but for the benefits of themself only. They just ruin the trust and confidence of the people into crypto space. |
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Denreal
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June 22, 2020, 12:07:13 AM |
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snipped...
don't know about defi project, but if you talk about this defi https://coinmarketcap.com/currencies/defi/i think thats weird by calling this project are "the biggest new thing in crypto spcae today" because the volume is very low, less than $150 in 24 hours depends on coinmarketcap data You can find a lot of Defi (Decentralized Finance) projects https://defiprime.com/No, they are not weird projects as you think. Investors are looking for decentralized projects for they think that it can't be manipulated by those market whales, unlike centralized projects. But somehow, we can't neglect a thing that scammers and fake shilling project will surely come because of their greediness. They'll come not for the good of everybody but for the benefits of themself only. They just ruin the trust and confidence of the people into crypto space. Most times, what the scammers do is that, they copy projects that are trending. If many failed of scam Defi projects start coming on board now, it is because they noticed that investors are very much interested and that hey could get their attention. Most times, such projects tend to be over hyped. |
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zero714309
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Activity: 749
Merit: 13
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June 22, 2020, 01:11:06 AM |
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Indeed, a lot of copycat project now,, only few project born with pure idea
And of course people must do their deep research before investing to reduce the risk in crypto investment
it's because many people have run out of ideas, but they still want to make new projects even though there is no proper preparation. This has become a loophole to reap profits from investors with easy why. And that why I'm not really invest into new project at this time. |
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zero714309
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Activity: 749
Merit: 13
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June 22, 2020, 01:18:14 AM |
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don't know about defi project, but if you talk about this defi https://coinmarketcap.com/currencies/defi/i think thats weird by calling this project are "the biggest new thing in crypto spcae today" because the volume is very low, less than $150 in 24 hours depends on coinmarketcap data No, i think he's talking about DeFi (Decentralized Finance) projects not project with DeFi name. At this time DeFi project really familiar with us that why so many projects just copycat each other with no future plan. Investors with no plan and no research will get trap. |
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Kotone
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June 22, 2020, 05:56:52 AM |
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Look at DeFi projects, they are the biggest new thing in Crypto space today, I haven't seen a failed DeFi project yet but guess what? Very soon we will start seeing too many DeFi projects, because that's what developers do..... Copycating over and over...
Yes it is famous but I doubt there are no loop holes on these defi project. You must understand that defi are not perfect and failure is always have a room for new things. Im not a solid fan of defi but I can say theit integration is like a hype. No offense but defi still lack some consistency on some projects. Im not blaming eth but developers of those defi projects that have some glitches on their platform. |
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nicecrypto
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June 22, 2020, 06:08:14 AM |
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Honestly I don't know what's wrong with new developers in crypto space, investors wants profits so badly but developers wants more, it's normal but without giving something in return is bad, the highest you gonna get is repetitive projects, I'm tired of this already
Look at DeFi projects, they are the biggest new thing in Crypto space today, I haven't seen a failed DeFi project yet but guess what? Very soon we will start seeing too many DeFi projects, because that's what developers do..... Copycating over and over...
This is so alarming, must you create new projects with nothing new?? Oh! I guess you needed money that badly, I get, we all do, anyways, all I have to do is warn my fellow investors, look before you take a leap
Bro the whole is full of repetitive business not just in crypto markets alone, like someone said above, bringing new ideas is not that easy, developers really need to dig deep to bring something completely different from what is already in the market, it will requires time and money, this days many developers don't want to spend time to develop pproject, I guess everyone is looking for quick money, no real commitment from them, And as for defi soon it will be like ico and ieo, scam defi project will take control. |
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Towerbreeze
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Activity: 166
Merit: 10
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June 22, 2020, 06:11:21 AM |
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Honestly I don't know what's wrong with new developers in crypto space, investors wants profits so badly but developers wants more, it's normal but without giving something in return is bad, the highest you gonna get is repetitive projects, I'm tired of this already
Look at DeFi projects, they are the biggest new thing in Crypto space today, I haven't seen a failed DeFi project yet but guess what? Very soon we will start seeing too many DeFi projects, because that's what developers do..... Copycating over and over...
This is so alarming, must you create new projects with nothing new?? Oh! I guess you needed money that badly, I get, we all do, anyways, all I have to do is warn my fellow investors, look before you take a leap
Bro the whole is full of repetitive business not just in crypto markets alone, like someone said above, bringing new ideas is not that easy, developers really need to dig deep to bring something completely different from what is already in the market, it will requires time and money, this days many developers don't want to spend time to develop pproject, I guess everyone is looking for quick money, no real commitment from them, And as for defi soon it will be like ico and ieo, scam defi project will take control. It's not easy to bring in something very different but is it a must for developers to create projects? Since they don't have new ideas to bring in they shouldn't bother releasing any projects |
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dragon695
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Activity: 449
Merit: 103
Decentralized Ascending Auctions on Blockchain
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June 22, 2020, 06:14:57 AM |
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Look at DeFi projects, they are the biggest new thing in Crypto space today, I haven't seen a failed DeFi project yet but guess what? Very soon we will start seeing too many DeFi projects, because that's what developers do..... Copycating over and over...
Yes it is famous but I doubt there are no loop holes on these defi project. You must understand that defi are not perfect and failure is always have a room for new things. Im not a solid fan of defi but I can say theit integration is like a hype. No offense but defi still lack some consistency on some projects. Im not blaming eth but developers of those defi projects that have some glitches on their platform. Right! It's just like ICO and IEO when it first showed up. Afterward, there'll be a lot of junk DeFi projects soon enough. I believe that most traders and investors have experienced this since ICO and IEO projects were launched uncounted. Any hype in this market contains a great risk for participants. Just be calm and wise guys! |
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Yaunfitda
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June 22, 2020, 06:37:23 AM |
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Honestly I don't know what's wrong with new developers in crypto space, investors wants profits so badly but developers wants more, it's normal but without giving something in return is bad, the highest you gonna get is repetitive projects, I'm tired of this already
I echo your sentiments, but then again market is maturing, for better or worst. Look at DeFi projects, they are the biggest new thing in Crypto space today, I haven't seen a failed DeFi project yet but guess what? Very soon we will start seeing too many DeFi projects, because that's what developers do..... Copycating over and over...
There are already a lot of Defi I guess, that is the biggest buzzword after Blockchain technology, and look at how many going in and out, billion of dollars already. This is so alarming, must you create new projects with nothing new?? Oh! I guess you needed money that badly, I get, we all do, anyways, all I have to do is warn my fellow investors, look before you take a leap
Sadly, it is what it is, there are too many investors/developers/traders, everyone here is to make money. That is how crypto market is all about today. |
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JHORN
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Activity: 252
Merit: 15
Sovryn - Brings DeFi to Bitcoin
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June 22, 2020, 06:42:14 AM |
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The Hype surrounding DeFi projects will burn off soon, many scammers will definitely take advantage of this to make money, it's always about money but developers don't want to work before making money, that's why we have too many half baked crypto projects, be ready and be wise guys
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maxreish
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June 22, 2020, 08:11:10 AM |
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That is what we called, competitions. just like other businesses that is coming to it's popularity, demand and hype. In crypto field, projects are also copycatting for them to gain. It's just that they should be unique with the other so they can be successful at the end.
We may see some defi projects fail because they copy the whole thing and never add spices to their objective. Investors wanted to try projects that they think they will gonna benefit if it will turn out to be well.
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posporo
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Activity: 501
Merit: 10
★Bitvest.io★ Play Plinko or Invest!
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June 22, 2020, 08:30:38 AM |
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I guess being a developer is very difficult you must be creative and always think new ideas for creating new projects. There are copycating which are made just to scam people and there are copycating which innovates the original one which is good especially for the team and for the used of it but it could affect the team of the original one but that is how the business works for the team to survive.
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bobitza
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June 22, 2020, 09:45:49 AM |
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I thought differently of you! All projects are not completely the same. Because the purpose of the projects is different, the development potential is also different and the profit is also different. Because of this, when you invest money in any project, you need to consider it. Do research carefully to avoid encounter fraud projects. The project must have a new one but not all are successful.
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maenauaras
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June 22, 2020, 10:29:35 AM |
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If you carefully review all new cryptocurrencies, you will find that the projects that are totally different from any other projects represent less than 1% and maybe less than 10 projects.
Projects that repeat the same idea but by adding a few things (like a hardfork, updating a specific part of the code) represent 2%.
Any other cryptocurrency (more than 2000 coins) are duplicates in an attempt to make the early developers or investors rich.
many people follow these currencies and try to store them in the hope that they will be valuable in the future.
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irixo10
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Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
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June 22, 2020, 11:13:01 AM |
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Funny enough I think this trend of copying other projects will continue for a while until most people starts understanding that these developers cares for nothing than their own gains, because in my own view nothing explains the fact that a project team who want to develop something will go the length of copying what others are doing, the question is, after copying them what next? How will they improve or grow? None, they won't improve, they won't grow thus dying sooner than later. Like the title says, "look before taking a leap" it explains it all, if you don't look first and just jump into investing you might end up blaming yourself.
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