It getting really risky to deal with crypto in such conditions because this bubble might blow?
Post
Topic
BoardAltcoin Discussion
What's the real (fiat) BTC price?
by
trill312
on 07/07/2018, 07:03:53 UTC
JP Morgan's report shows in December 2017 when BTC cost 12 K capitalization was $330 billions. So in 2017 year only 6 billion real (fiat) money came in crypto which made 330 (!) billion capitalization. Report claims only 0.018 tokens based by real money, all the rest are the result of getting listed in big exchange and hype ratio?
Crypto world is in crysis now and it's not only due to red market but also because of tons of scam ICOs. And that pisses a lot of bounty hunters off cause scam ICOs produce useless unworthy tokens! People waste sometimes several months to participatein bounty and either get no tokens or get shitcoins.
Bounty programs are asking bounty hunters to do KYC before they are paid for work done . What do you think of this development.
Not a problem at all. As soon as you send your passport in Internet it will be available worldwide. All that fairy tales of security and locked stocks for kids. So if ICO management wants to impress the investors they demand it but indeed it means nothing. We just better because we have KYC.