Yeah the decentraliced finance trend increases ETH fees. Most defi products are built on Ethereum this means a lot of traffic for the network. I myself have a transaction which is stuck since 1 month haha
The problem is always in the services of the third party, and these can be controlled by the government easily, for example you need the service of the third party in order to trade Bitcoin which is exchanges, of course the government can control the exchanges in that country and force them to request verification through KYC In such a case, the government will be able to view all transactions made by any person who trades in this exchange and pursues it. This is what governments are doing now and we see an increase in exchanges that are requesting verification by KYC.
Yeah that is currently the problem. By KYC the government can control who buys and sells cryptocurrencies for fiat money. So the next step to make bitcoin stronger should be some possibility to exchange large amounts of crypto for fiat anonymously
The main problem of Bitcointalk bounty is that the quality of the entire forum just got worsen compare to 3-4 year ago before the ICO hype
The Old Bitcointalk is more of crypto discussion, adoption and etc Nowadays post are mainly Promoting Scams, Wanted Quick Gain - which also lead to greed bounty campaigners to create bad bounty which doesn't even benefit the project who promote it
ICOs have caused this market to collapse, and it also makes this forum not as good as it used to be. Since the launch of the ICO in 2017, there has been a lot of spams and fake accounts, which has caused the quality of the posts to go down and flood the scammer.
Most ICO projects in the year 2017 and 2018 have caused the market to collapse because most of them are scam and unsuccessful. Good thing that there are still promising projects that are continuously developing and have a good value in the crypto market. I also think this forum is still good as it used to be; other crypto users just hated the merit system because they are not able to spam.
The merit system has made the forum a lot cleaner than before. And that is why bitcointalk is so different from other forums, I love and prefer to use it more than anything else.
Indeed. The merit system made everyone in this forum fair that most of them have stopped creating multiple accounts and creating spammed posts or topics. Also, new bounty projects nowadays are having difficulties making their project successful because of the issue from the last year of 2017 and 2018. A lot of investors and bounty hunters have already lost their interest to participate due to huge numbers of unsuccessful and scam projects.
I think so too. A lot of new investors from 1028 burned theier hand in the huge ICO wave back then. Now those investors have become feweer and those who remained are very cautios in investing in ICOS
Post
Topic
BoardAltcoin Discussion
Re: What old coins are you still holding?
by
cryptoherr
on 22/07/2020, 10:26:11 UTC
I think I do still have some old MasternodeCoins. Apart from this i forget about dead projects pretty fast. The only old coins I hold at the moment and want to keep holding are Ethereum and Dash
Post
Topic
BoardAltcoin Discussion
Re: Bitcoin dominance falling, time to bag in some alts? altcoin party?
Bitcoin dominance is mainly affected by the so called alt season, low BTC dominance could suggest you that altseason where the demand might be higher.
The market is purely unpredictable to me the BTC price looks stable now, Investors will always look for safer investment rather than taking up riskier position. So it's better to wait for few more days and invest accordingly.
Yeah I am with you here, the BTC dominance is affected by altcoin season. The good thing here is if you know about Altcoin season you understand that this is just a seasonal thing and nothing fundamental
Post
Topic
BoardAltcoin Discussion
Re: A must read For all those who aren't suspicious yet
by
cryptoherr
on 22/07/2020, 10:21:23 UTC
Thank you for taking some time and spread the meassage @OP. I think it is important to spread this message and create some kind of necessary intergrity within the bounty hunter community.
Post
Topic
BoardAltcoin Discussion
Re: Which are your top 5 coins for HODL?
by
cryptoherr
on 21/07/2020, 16:25:51 UTC
My top 5 are Bitcoin with around 60%. I think Bitcoin has already established itself and has become some kind of digital gold for me. The other coins for me are Ethereum, Dash and Stakecube.
I am starting to scare that so much attention people pay to DEFI coins. There is a lot of excitement now and too many people talk about these coins. when a lot of attention is paid to some kind of coins - scammers coming
Those DeFi projects could be new "ICO fever" because people made a lot of money investing in those projects but when they start dumping it will be bloodbath. I'm not saying that all DeFi projects will fail, but I'm pretty sure that some of them will. Just like with ICOs - some of ICO projects are still alive but a lot of them turn out to be scam to collect money from ICO investors.
I am with you there, the defi trend is growing at the moment. I do think that defi might be a thing in the future but currently there is alot of speculation and a bit fomo in the defi projects market.
Post
Topic
BoardAltcoin Discussion
Re: Sending in fake ID for KYC
by
cryptoherr
on 21/07/2020, 09:12:11 UTC
So if you invest real money in the project this means that you should have trust in it. If you have no trust in it i would not invest my or my money in a project. On top of that giving an fake ID makes not the real owner of the account
Wirex is a project that entered the cryptocurrency market too quickly and shows very good results, but I did not invest in it. maybe it's not right, but I don't trust them
Trust is a majore aspect when investing and this counts especially for the crypto space. Therefore your decision is the right one. Besides this wirex seems like it is grwoing very rapidly at the moment
Post
Topic
BoardBounties (Altcoins)
Re: $1,250,000 in Rewards still to claim [Bounty] [VREO] | MERO Token Sale]
by
cryptoherr
on 18/09/2018, 17:48:34 UTC
hey Bounty Manager i did not reciece my reward for signature Bounty for last week, 06.09-12.09
Post
Topic
BoardSpeculation (Altcoins)
Re: how long will everyone can wait?
by
cryptoherr
on 12/09/2018, 21:13:34 UTC
The Bitcoin i hold, i will hold for the Long term. In my opinion i hold the Bitcoin like digital Gold, that i can carry around very eassily
Post
Topic
BoardAltcoin Discussion
Re: Ethereum block reward reduced
by
cryptoherr
on 12/09/2018, 21:11:44 UTC
Yeah nearly all crypto coins do reduce their mining reward with the time going on. This leads to an rising Price if the demand stays the same
Post
Topic
BoardSpeculation (Altcoins)
Re: ETH pump in all exchanges
by
cryptoherr
on 12/09/2018, 21:09:25 UTC
The rise from 16 to 174 is like Nothing in my eyes to be honest. This does not really mean anything haha. Crypto is very volatil so this i not a huge jump
Post
Topic
BoardAltcoin Discussion
Re: Now is the time to buy!
by
cryptoherr
on 12/09/2018, 21:08:09 UTC
Yeah at the Moment i am thinking About buying some more iota. The Price at the Moment seems Pretty good. But do you think that there is already enough fear in the market ?
Post
Topic
BoardAltcoin Discussion
Re: Am I late to the party?
by
cryptoherr
on 12/09/2018, 21:06:40 UTC
to be honest for the Moment i think you have missed a really big Party. But i think that there might be some more big parties in the future
Post
Topic
BoardAltcoin Discussion
Re: Best way to store Ripple coins, in my account or download a wallet?
by
cryptoherr
on 11/09/2018, 16:46:55 UTC
it depends on the amount you want to store. A ripple wallet Costs you 25 xrp i think, in order to activate it. So if you want to store samll amounts just use an exchange
Post
Topic
BoardAltcoin Discussion
Re: The Best Marketing
by
cryptoherr
on 11/09/2018, 14:12:34 UTC
In my opinion dash has by far done the best Marketing of altcoins. But the other 2. and 3. are Pretty hard to choose in my opinion.
Post
Topic
BoardAltcoin Discussion
Re: Coin or Token hold
by
cryptoherr
on 11/09/2018, 14:02:33 UTC
i prefers coins most Tokens are just based on a platform like ethereum or neo. Coin do Need a Little bit more work to crate in my honest opinion