I would say it is the end of Bitrex being independent from government. Now regulators own them. Unfortunately, it will happen to all exchanges on some day.
9 No signs of a major exchange looking to list the ICOs tokens: It wont be said clearly because the legal team doesnt let the ICO teams speak about exchanges, but this is a major part of the game. In 2016 Poloniex was the hottest exchange, 2017 was Bittrexs year. Is Binance the exchange of 2018? Might be. What we do know, is that each new coin added there benefits its initial ICO investors.
"Many signs" can be even worse. If an ICO claims it will list on Binance you can automatically assume it is scam. It is illegal to comment on exchange listings. Normaly ICO team should respond to all questions something like "We are discussing listing with a major exchange. We will anounce it after X week after the end of ICO".
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Re: Will IOTA do better in future?
by
randomhumster
on 31/05/2018, 11:10:45 UTC
IOTA is not even a blockchain... The tech looks great on paper and in the lab. The problem is that we don't know how it will perform in the real life (in case IOTA will be widely used in IoT). So if the tech will do well IOTA will do good, if not...
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Re: Which is the best privacy-focused cryptocurrency?
by
randomhumster
on 31/05/2018, 11:05:52 UTC
It looks like privacy is great disadvantage nowdays. Now Japan bans privacy coins in June, other countries will follow. The question is what will happen with all these projects then? Will they able to survive?
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Re: IOTA High with Trinity Wallet Beta Release, Will New Announcement Skyrocket MIOT
by
randomhumster
on 30/05/2018, 10:34:00 UTC
No, I don't think it can affect the price. In current market conditions only very important news can make a difference. We need a real-life usage of IOTA or at least a good partnership for future use.
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Re: Any Country has a official Crypto ?
by
randomhumster
on 29/05/2018, 10:10:56 UTC
I don't think central banks will start issueing crypto. it doesn't make sense. We don't need any more currencies. Corporate currencies are a different thing. States as a main political institutions are dying out. Huge international corporations are becoming more and more important. At some point one of them will issue a new crypto that will become an international money substitute.
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Re: Some great news to start off the day!!
by
randomhumster
on 29/05/2018, 10:05:29 UTC
Crypto was supposed to be issued by people for people, not for banks and institutions. Some "true belivers" will consider it to bad news. All in all I don't think it will launch a new up trend.
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Re: Reason why medium is suspending all bounty Hunters accounts
I have seen many suspended medium accounts, the average account is about cryptocurrency. however, I also have a medium account and its content is full of cryptocurrency, until now my account is still usable and safe with no problems at all, and also many other accounts. so we can not conclude that account suspended because medium cryptocurrency, there must be other factors.
Medium published ban on ICO and cryptocurrency advertisments at the same tine as google. You've just missed it. So if you post about how good is blockchain technology and etc. you are perfectly fine. But if you post somethng like "buy this ICO token for 10x gains" your account will be suspended. The same thing may happen to you on YouTube nowadays.
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Re: What should you know about airdrops and how to avoid scam
Didn't know that some airdrops requiring their participants to install an application or extension to mine cryptocurrency, thanks for the heads up but It is fishy to tell that they want to install some random applications that may contain some viruses and backdoors to steal the user's data and wallets, It should not be required in the first place and risky at the same time if the tokens are based on an ERC20 wallets why the hell they want to install something? 90% it is a virus or a hidden miner.
Some projects actually provide an application or a web platform. So to use services you need to use them. Some of this android/IOS can have hidden miners. Sometimes sites of scammy projects can have miners as well. You open the site and can here your PC became oo noisy or see CPU usage increased. In this case airdrop is used to attract future victims. You should never underestimate the creativity of scammers nowadays.
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Re: i need your opinion
by
randomhumster
on 26/04/2018, 07:54:31 UTC
A pretty average topics. They will be useful for newbies I think. The problem that you can find similar content here, on youtube, steemit, medium and etc.
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Re: What should you know about airdrops and how to avoid scam
Some facts like when the airdrop is not linked from official channels, it's posted from brand new accounts, grammatical and spelling errors, theres no way to withdraw without a purchase,they promise decent amounts of money raise suspicions and I will never take part in such kinds of airdrops. But sometimes scam airdrops is really good done so it is almost impossible to recognise the scam
That is so true! Scamers do a good job nowdays. That is why it is important to follow simple rules to protect your data.
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Re: What should you know about airdrops and how to avoid scam
Very nice help bro. I read the benefiters angle but the referrals are usually difficult. Sometimes you hardly get a referral who will be interested to sign up, this would have been a very good means to acquire large amount of airdrops.
Yes, most people in crypto will not join an airdrop. But there is also a large number people who want to do it daily. That is why there are so many telegram channels and twitter account promoting airdrops. I believe they get a lot from it as they can easyly get more than 1-2k referals.
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Re: What should you know about airdrops and how to avoid scam
And you should not concerned about airdrop scam because usually on airdrop, you are only require to do some small task. nothing to lose. but for investors, your article should be read by them.
Unfortunately, you are wrong. 80% airdrops will ask for your email. if you do a lot of them, it will result in spam and fishing emails on your maillbox. Some airdrops require that you create an account (email + password). There are people cleaver enough to use the same email and password they use in exchanges. There are many other examples hpw ypu can be scammed. So the general rule is always care about your security as much as possible.
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Re: What should you know about airdrops and how to avoid scam
Great guides bro . Thanks for sharing these information . This will be helpful for newbies . How long have you been doing Airdrop/Bounty ?
Thanks. Not so long, but as long as I am in crypto - since December 2017. In crypto you have to learn fast and always check all availlable information.
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Re: What should you know about airdrops and how to avoid scam
In a shorter version. Airdrops are not profitable, in most situations all drops prove to be a scam and bring no profit. Now nobody want give you money for free so you have very small chance to get anything
I saw an airdrops that cost 1500$ (and I'm serious), so not all airdrops are scam. Unfortunately the rate vali/scam is something about 1/100 nowdays.
Airdrop is not free money. You are payed for fulfilling tasks. ICOs need to have good social accounts with lots of followers. So they go the easiest way to get followers - pay them. As always good projects don't need it, but scam or near scam ICOs can't do without it.
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Re: What should you know about airdrops and how to avoid scam
This thread should be pinned. Good read for beginners in crypto world. But where you said airdrop is given to people who in return do some task, is wrong or rather used to be wrong, I got cyder in airdrop and all they asked to do was fill in a form. No twitter retweeting / facebook likes etc. Nowadays things are changing and people mixing airdrop meaning with bounty.
It is an interesting question what is the difference between airdrop and bounty. Normally we cal it airdrop if it requires a single time action like join some social networks, post something, ask a question on telegram and etc. In most cases reward is fixed.(i.e. you will get X token for joining telegram). In bounty campaign you do tasks on weekly basis and report to bounty maanager. Most bounties use stakes system instead of fixed reward. But as always you can find airdrops with stakes or airdrops with lots of tasks. And there are bounties with fixed rewards as well. So it is all close...