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Messages - Jaephoenix

Pages: 1 ... 170 171 [172] 173
2566
There is no hard and fast rule involved in crypto, and definitely im not your financial adviser, but my experience says hodling alts is generally… bad news. They may never hit a reasonable ATH. You hodl at your own risk. And you may end up with the bag

2567
Whether now or the next 'cryptocurrency apocalypse', many altcoins are doomed. It's that simple. Many are plain useless and don't have any values. You can clearly see that

2568
No right time. For all you know, we are the early adopters of altcoins and crypto generally. So you can take your steps now and get in on the business. And get your experience too(both good and bad)

2569
Crypto is more or less a loose cannon: its good but can easily be converted into something bad. And of course, due to its decentralization and non control, some bad characters have used it for terrorism, drug business etc. And so central governments cannot touch it with long poles

2570
Recently, not only people with less experiences, experienced bounty hunters also begin to quit from bounty activities. I know very well the big reasons why they quit. That's why I think they cannot be blamed by the action. Let's see below the reasons. 

Here are the most reasons:

1. A lot of bounty programs only resulted with pennies.
2. Many scam ICOs, resulting no rewards for bounty hunters.
3. Many bounty managers / teams of bounty projects changed the rules after bounties were over. They asked for KYC and lessen the bounty allocation significantly.
4. Bounty tokens/coins have no prices once listed on exchanges.
5. Bear market still continues and no big signs to have bullrun in the near future.
 
I also consider and think deeply about those problems, but I am still confidence to work on bounty programs as long as there is a hope for a better crypto future.

- How about you, mate? What do you think about their action?

Well all the reason you stated are legit. Its only a bounty hunter that has immuned himself/herself to all these factors that will not quit.
I participated in bounties during the crazy crypto winters. Some ICOs worked. Some didn't. You can never guess which. I nearly gave up, but didn't. And im glad I didnt

2571
Like they say, too many cooks spoil the broth. And that particular crypto broth is always getting spoilt by the minute. Lots of meaningless projects popping up, some straight up scam. They don't bode well for crypto

2572
Is it a good idea to shift to cryptocurrencies for payments? Are we here yet? I have read many articles saying that the future is of digital currencies and we should be using cryptocurrencies instead of cash. But how feasible it actually is? And if so, what are our options of cryptocurrencies that can replace cash?
Firstly, cryptocurrency can never replace traditional national money, it is simply not capable of this.
Secondly, cryptocurrency has not yet become a common means of payment, and there are many reasons for this. However, at the same time, a lot of stable coins are being created now, which, not being a full-fledged cryptocurrency, can become a serious competitor for it as a means of payment. Therefore, there is a threat that a decentralized cryptocurrency may not take its rightful place as a means of payment. What will happen next - we'll see.
Good point here. Crypto adoption is in its early days, and may not replace fiat for payment. However, if crypto makes a conscious effort in cleaning up its acts, then it stands a chance of being adopted gradually by the populace

2573
Cryptocurrency discussions / Re: Crypto Prices are showing on Yahoo Finance
« on: December 16, 2019, 03:31:03 PM »
Good news for crypto. I also noticed bitcoin sign is also on some keyboard apps and a generally adopted sign worldwide. So crypto is getting mainstream adoption slowly

2574
Cryptocurrency discussions / Re: should I invest in ICO or altcoins?
« on: December 16, 2019, 03:27:43 PM »
Personally, I have rather large investments in several top currencies, because I believe that in the future the price will rise, and then I will make a lot of money.
Now, if you will make investments, it’s only for a long time, because we have been waiting for the growth of altcoins for 2 years and we may have to wait at least 2 more years until the growth of altcoins will begin, so you need to seriously think about this before investing.
Some altcoins moon in days with more than 100%. I remember when I bought Capp tokens. It mooned so much had close to 200% ROI before the price tanked. Same with Hydro. Though I got it via a dev airdrop

2575
Depends on the bounty, and depends on the hunter! Some projects are plain useless and would raise little or nothing , and thus the hunter goes away hungry. Or the hunter has a good bounty but doesn't understand or read the rules, thus gets little reward. Different issues

2576
Nothing to do, investors are aware already about the bad trend in ICOs. You can see the lack of interest from investors on ICOs. They move to IEOs that can provide better solutions and more secure for them. In this way, I think ICOs may be disappeared someday.
Even IEOs are doomed.
From the newest stats, a lotta projects are having issues raising money from IEOs. Like Soraix. It raised a grand total of $184! Not kidding you. Token sales generally are poor. Apart from loss of investor interest, many projects aren't worth the whitepaper they are written on. Plain crappy

2577
There are numerous factors that count for the death of crypto projects on the market. One of the causes maybe as a result of the idea and product behind the project. If the product of the project is not in demand, the project is likely to fail. One of the commonest cause of the death of crypto projects stem from the fact that they lack strong and supportive community. Remember, the community serves as the fuel that power the crypto project on the market.
Good points. However, you could have a good MVP with demand, but if your team and/devs are a lazy and irresponsible bunch, then the product is doomed, irrespective of how good it is

2578
Not always advisable to dump your eggs in one(or two baskets, in this case). Crypto isn't called Wild Wild West for nothing. For all you know, BTC and ETH could take a tumble today if Trump and Jinping decide to clamp on crypto with iron

2579
If you ask me… That's bad news! Why?  A good percentage of them are poor quality, while a third(my estimate) may be scammish. Recently got KYC scammed by Cpdax. Also exit scams and the new one, KYC scams are on the rise. Unfortunately we can't have a central crypto registry. So the scams continue, sadly

2580
Cryptocurrency discussions / Re: Do we Need Altcoin?
« on: December 16, 2019, 09:53:34 AM »
Hell yeah, we do. We see a lotta alt projects punching way above their weight here. Many alts with viable projects and a burgeoning MVP. Remeber BNB and eth are all alts. So yes we do need alts.

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