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Showing 14 of 14 results by eth_slave1
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Topic
Board Altcoin Discussion
Re: Who actually invests in ICO's?
by
eth_slave1
on 16/11/2018, 16:32:46 UTC
I still am investing in ICOs but I sure am very picky.  It's difficult to spot scams now that scammers are getting more sophisticated,  but one project I just bought into is ModernChain.  I checked them out and they are legit,  they have their ICO now and even reached soft cap before ICO.  They also have an MVP on ground.  Seems pretty legit to me.
Post
Topic
Board Altcoin Discussion
Re: How to identify a legit ICO from a scam?
by
eth_slave1
on 16/11/2018, 16:20:54 UTC
You read the whitepaper, you see the team behind the project. If it's something that has been done before multiple times and it didn't give any success (say a debit card for crypto) or you have the least doubt that they won't manage to deliver, simply don't invest.
I agree to an extent,  but not completely.  The WP says a lot about the project,  the team too,  development, planning and road map also.  But just because a thing's been tried before and failed doesn't mean the next person doing it is a scam.  And for the debit Crypto card you mentioned,  I think this is coming soon than later.  MFChain,  a cryptopayments platform is coming out with something like this and I very certain,  they're the farthest thing from a scam you can think of.
Post
Topic
Board Speculation (Altcoins)
Re: Where To Invest 500$
by
eth_slave1
on 16/11/2018, 15:26:11 UTC
Hey Everyone I'm Very New To Crypto And I Just Want Some Good Suggestions That I Have 500$ And Where Should I Invest Them?

Help Will Be Appreciated Thank You.
The only good suggestion in my opinion is now to take this$ 500 to invest in bitcoin. Of course, I guess he can still go up to 4,500 - 5000$ but it is not yet known. Yes, even if you now buy a coin, in the long term will most likely be in profit.
Or you could buy into an ICO.  ModernChain is one I recommend, they are a cryptopayments platform changing what we've known as the norm and bringing about mainstream adoption.  They also have Masternodes too, if you're into that kind if investing.
Post
Topic
Board Speculation (Altcoins)
Re: Do you still belive in Crypto ?
by
eth_slave1
on 16/11/2018, 15:06:30 UTC
I still do and I'm sure there are so many others like myself.  Crypto is riddled with volatility and instability,  something I hope can be solved in coming years.  But it's still too early to give up on them.  With adoption making waves,  albeit in trickles compared to what we hoped - I got drinks at a bar last weekend with Crypto.  Tapcoin is what it's called,  they run on Hooch app and let's you spend your tokens on very basic items.  So adoption is closer than we know and our confidence in Crypto should only soar.
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Topic
Board Speculation (Altcoins)
Re: Is it too late to start investing in cryptocurrency now?
by
eth_slave1
on 16/11/2018, 14:48:05 UTC
I think its never too late,  though you may look at how far we've come and what you could have gained in that time.  Lots of interesting projects to have invested in and much more still coming on ground.  One project that seems really cool is HiNounou.  They are a health care based blockchain project and the prospects they promise seem real and achievable.  I'm planning to buy,  now that the market is in a dip.
Post
Topic
Board Altcoin Discussion
Re: What are your views on cryptocurrencies
by
eth_slave1
on 16/11/2018, 14:35:00 UTC
If you believe in the future of cryptocurrency, then it seems to me now is the right time to buy as many coins as possible!

Yeah I do agree.  And one such coin I'm buying now is ModernChain MFX.  Their ICO is on and I'm gathering as much as the bear market would let me Wink
Post
Topic
Board Altcoin Discussion
Re: What are your views on cryptocurrencies
by
eth_slave1
on 16/11/2018, 12:01:18 UTC
If you believe in the future of cryptocurrency, then it seems to me now is the right time to buy as many coins as possible!

Definitely a time to buy now.  One coin I'd advice on is MFX.  Their ICO is still on and it'll be great to bag a lot of coins at little cost before sales end. I already did.    Enough to get myself a node!
Post
Topic
Board Speculation
Re: Your predictions for 2019
by
eth_slave1
on 16/11/2018, 10:55:24 UTC
I think 2019 will come with its fair share of troubles, the  market will gain some form of stability and some coins will thrive more than others -coins that have been relatively unknown. One I really have my hopes for is the Tapcoin token.  I practically use this to buy drinks at bars and it's really everything is want to see the adoption space become,  where you can buy basic items with Crypto.  2019 is definitely a year for more cryptoadoption than we've ever seen.
Post
Topic
Board Speculation
Re: Bitcoin dominance: bad thing or good thing?
by
eth_slave1
on 16/11/2018, 10:42:01 UTC
For now , i think it is the best situation for crypto market is to le the bitcoine be the dominant , because the team behind it have alot of experience , so the can handle every problem the crypto market face
I don't think Bitcoin will be dominant for a long time from now.  It has had it's time,  it's only natural for it to leave the stage and let others shine. 2019 will be year of lots of coins shining IMO,   I won't be surprised if XRP or even ETH supplants BTC.  Or maybe MFX - even though they may be fairly new. 2019 is definitely a year to watch out for in the cryptospace.
Post
Topic
Board Speculation (Altcoins)
Re: Crypto will be mainstream in a few years
by
eth_slave1
on 16/11/2018, 10:30:56 UTC
Cryptocurrency is a fruit of high-tech development. It will be widely used instead of fiat money in few years as mobile telephones replaced old wire versions.

I agree about it being a high-tech enterprise.  I recently read a project that uses blockchain to care for senior citizens of the 60+ and above demographic in China. It's called HiNounou. I must say, what they are doing is really innovative, bringing the advantages of blockchain technology to those that aren't millenials.
Post
Topic
Board Speculation (Altcoins)
Re: Crypto will be mainstream in a few years
by
eth_slave1
on 16/11/2018, 10:22:04 UTC
Some merchants are starting to use cryptocurrencies particularly bitcoin in their transactions or mode of payments and even in some companies like airlines are already accepting coins. But bitcoin getting into the mainstream will take time because the majority of the people and the business sector has not fully acquainted with the new kind of currency that exist only in the online world.

Crypto will be mainstream sooner than we hoped and ModernChain is one project that will see us to that era. They are a payments platform and transactions are so much better on their network. Bitcoin needs to gain more traction,  yes and in due time it will.

I've heard about this project and I checked them out.  They seem to be doing a good job and their team and WP seems legit enough.  I'm currently investing in their ICO,  as they have that now.  Hopefully,  we'll be a step closer to adoption with MFChain.
Post
Topic
Board Altcoin Discussion
Re: whats your plans for the year 2018
by
eth_slave1
on 25/09/2018, 12:45:37 UTC
Simples. Hodl high potential alt-coins e.g. Telcoin, ADA, ICX, UUU, DAPS.

And invest ETH into ICOs. Only the best ones. Eth is cheap so it makes sense at the moment.

My top picks for ICOs are LINKCHAIN and MFChain. Super use-cases, superb team and world-class advisors. (Don Chang joined LINKCHAIN this month - Google him if you don't know.)

Linkchain are top dog. And lot of people shilling them lately...hopefully it will be worth it. Fingers crossed it will, 'cos I'm in!
Post
Topic
Board Altcoin Discussion
Re: Favorite Coin for 2018?
by
eth_slave1
on 24/09/2018, 17:14:24 UTC
Does this include those still in ICO? LINKCHAINX is to me the most innovative new project of the moment. We all know that most ICOs now do nothing different and mainly follow the heard of tried and tested projects - i mean how many of those marketing and influencer marketing ICOs came out this year? Can't even count on my fingers.

LINKCHAIN is taking a very real problem that tons of freelancer workers face and solving it through blockchain tech. Isn't this what all blockchain projects should be doing? Solving real problems? That's why I like Linkchain.

Quick overview: The problem they are solving is the way that freelancers do business with people/businesses wanting to contract their work (e.g. graphic designer). If you freelance you would know the problems: If you use the big platforms like Upwork, Fiverr and Freelancer, you are charged 20% of total cost. That's a lot, and really eats into profits big time. The other big problem is the way that these platforms limit communication between seller and buyer in fear that you will take the business off the site.

What's the alternative? You can try LinkedIn right to avoid the huge fees? Millions of active professional people - both workers/freelancers and businesses looking for someone to higher. THE PROBLEM IS THIS: There is no effective way at present to efficiently connect person A (let's say the freelance graphic designer) with person B (let's say the business owner in Houston wanting to make flyers). They can both search by "graphic designer" or "graphic design job", but they will be limited to 1st and 2nd connections and also potentially be faced with thousands if not millions of results, most of which will not be suitable.

The other BIG problem with using LinkedIn is a lack of safety and security; it forces both parties to trust the other entirely. The result is often non-payment, non-delivery of promised work, leading to a waste of both time and money.

LINKCHAIN will step in here to fill this gap (a multi-billion dollar gap in the market). Users (both buyers and sellers) will log into the LINKCHAIN app using their LinkedIn sign-in details and then be auto-matched with suitable people saving potentially hours of time. And because it's runs on the blockchain, smart contracts will ensure that payments are not released until certain conditions are met/ or until work is delivered. Importantly, all users will also be vetted and assigned a rating that other members will be able to see and judge whether they want to do business. The icing on the cake here is the 5% MAX fees that users will face.

Taking all of the above into account, I can't really see how LINKCHAIN will not take a large market share from it's competitors - Fiverr, Upwork and Freelancer.

LINKCHAIN's Pre-sale starts on October 11th, and their Main-sale ICO begins on 11th November.

One last thing: they are also holding a competition this week giving away 2 ETH. I'm not sure about the details yet, but keep an eye on their Telegram: https://t.me/linkchain

Over and out!


I like this project a lot and it is sorely needed in this space. The big guys like fiverr and upwork have taken over and their practices are downright abusive. I think contracting services that are fair to both contracter and employer are essential do promoting a better space in not only contracting but in crypto as well. I think this project is the best in the sense that it has the most potential to solve a perplexing problem and the ceo is a. Prolific ico reviewer, who by all accounts is extremely honest and ethical. He is bringing something better to the table than the current paradigm.

I also love mfchain (modern finance chain). They solve the crypto to fiat problem with only a phone app that functions as an atomic swapping conduit. Which makes them different from pundix and the like. They also are allowing merchants to use for free, so that will solve the problem of merchants who are crypto adverse not wanting to spend money to try out something they are unsure about. Thirdly, with their merchant and customer rewards plus their free tx fees for native nokens, it makes this cheaper than any other payment system , fiat and crypto included. I think is this is pulled off correctly it can pull off a revolution in blockchain.

The third project I like but isnt far in development is hooch (tapcoin). They are a rewards system that uses tap tokens to pay for premium rewards like free drinks 31 days or a month and free food and in exchange customers only have to give up non personal information about their drink ordere and food buys. Right now, they are having a promotion where you get 300 in credits for signing up to hooch black. So, basically your getting paid to sign up for a service. There are many reward systems out there, so if I didnt point out they got big vc backing and partnerships with premium hotel chains and restuarant groups all over the u.s and some overseas, this would be nothing special. The fact that they already have the infrastructure without crypto (they were viable business before they implemented tapcoin] , means that they will be the first mover in the reward system projects.

Tie for 1 mfchain/linkchainx

Has potential but we have to see; hooch/tapcoin

I have to disagree with you about Tapcoin Hooch. This has a lot more than just potential and I would vote it at least at par with the other two, if not above - they already have a working product that is making money after all. Plus they already have partnerships with over 100,000 companies across the world. Does that sound like it's not far in development? They really are quite far along. It's not an easy task to get that many companies to come onboard, from experience I can tell you.

But like you said, it's not your standard crypto model at all. What I like is that their target market are just normal, young, outgoing 'millennial' folk who probably know next to nothing about crypto, don't need to understand anything, but yet still use it potentially every day to receive payments by these companies for sharing their spending habits/ data and being rewarded for their loyalty to the brands they spend at (customers get loyalty rewards points paid in the cryptocurrency Tapcoin).

Those Tapcoins are then redeemable to spend at any of those 100,000 bars, hotels, restaurants across the world, from Hong Kong, to London to New York. So you basically get rewarded on three fronts:

1) 1 free daily drink at what seems like a huge number of bars
2) 'cash back' or credits in tapcoins from eating out/ drinking/ staying at those 100,000+ places, and
3) cashback and rewards in tapcoins for agreeing to share your spending habits with these companies e.g. do I like ham or cheese, beer or cider, pretty standard things and also how much you spend on what and where. (Bare in mind that this data is usually taken from you and used for free without paying you a penny.)

So that's Tapcoin Hooch, definitely not a runner up in my books.


 
Post
Topic
Board Announcements (Altcoins)
Re: ANN-Linkchain, Remove risk,add simplicity to buying contracting services online
by
eth_slave1
on 06/09/2018, 17:10:26 UTC
when i started using freelancer.com it took me time to get to understand the site, with an innovation that allows users to efficiently use the platform without fully understanding it, is a great one.

Having said that linkchain is all about freelancing and charging very less for commission fee compare to other freelancing
platform, is linkchain playing the role of escrow in between the buyers and the sellers?

That is where the smart contract element comes into play. You see how useful this could be in the case of freelancing? But yes, I suppose you are right, the smart contact acts as a sort of 'escrow' between the two parties.