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Topic: Old crypto ways fades away easily (Read 659 times)

full member
Activity: 497
Merit: 110
arcs-chain.com
May 31, 2020, 06:57:36 PM
Once upon a Time in every bounty life these makes you very bullish on new coins,
1. Well known advisors
2. Burning remaining unsold token after ICO
3. Team Locks their own tokens for years

And now the game have changed a lot, if the following doesn't happen well may God help you

1. List on top exchanges like OKEX, Binance or gate.io
2. Coin already trading and have good volume
3. Promotion has very limited reward for promoters
4. Highly demands for the coin or token

What do you think? Drop your thoughts
Time pass by and many changes happened advisors nowadays was nothing even if it was popular they didn't believe again on the same tactics that they are using on it they are searching for new hype where they can ride on it  and where they can take some profit, well promotion now they pay small amount because they already know that their IEO would be successful.
jr. member
Activity: 182
Merit: 1
May 31, 2020, 06:51:16 PM
Times have indeed changed. Unfortunately, even with those qualities you have listed, it still doesn't mean the coin or token will do well or reward the investors. It's all a game of chance and pure luck at the moment. Nothing is as good as it used to be anymore. Unless something drastic happens or changes, most of the upcoming projects will have no interest from investors anymore. No one is will to invest substantial money on a chance situation.
member
Activity: 322
Merit: 10
homt.net
May 31, 2020, 06:11:42 PM
Once upon a Time in every bounty life these makes you very bullish on new coins,
1. Well known advisors
2. Burning remaining unsold token after ICO
3. Team Locks their own tokens for years

And now the game have changed a lot, if the following doesn't happen well may God help you

1. List on top exchanges like OKEX, Binance or gate.io
2. Coin already trading and have good volume
3. Promotion has very limited reward for promoters
4. Highly demands for the coin or token

What do you think? Drop your thoughts

All the scam came up and people confuse about all the projects that exist.  The risk can be happen in every task of life even in crypto world. Research and deep analyzing is the most important step before joining the projects.
sr. member
Activity: 1435
Merit: 250
PredX - AI-Powered Prediction Market
May 30, 2020, 03:35:46 PM
I think it's time to change the mindset of everyone, especially those who create a project they have to really do well without continuing to think of quick profits and then leave. This year many projects are good and they are starting to realize, but there are still many scam project.

as I said before that fraud projects will always exist in this industry and cannot be completely eliminated. we are in a crypto room full of risks and also unpredictable. as project promoters, we can only do research and avoid suspicious projects.
sr. member
Activity: 798
Merit: 250
homt.net
May 30, 2020, 02:51:14 PM
Once upon a Time in every bounty life these makes you very bullish on new coins,
1. Well known advisors
2. Burning remaining unsold token after ICO
3. Team Locks their own tokens for years

And now the game have changed a lot, if the following doesn't happen well may God help you

1. List on top exchanges like OKEX, Binance or gate.io
2. Coin already trading and have good volume
3. Promotion has very limited reward for promoters
4. Highly demands for the coin or token

What do you think? Drop your thoughts

I think the crypto game has changed a lot for good,the recent changes is a welcome development,the highlighted items have really encouraged bounty hunters and investors to fully participate in bounty and ICO projects that have these listed points on ground. One of the most listed items is the listing of coins or tokens on top exchanges
full member
Activity: 1176
Merit: 100
Vave.com
May 19, 2020, 07:13:58 AM
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sr. member
Activity: 1498
Merit: 251
KUWA.ai
May 19, 2020, 05:29:34 AM
Many people learn from experience and that is why the old crypto is no longer functioning properly, well-known advisors are not an excuse will many people will be interested in investing. due to the fact that projects that are known as advisors are only garbage projects
Different eras, will be different ways to attract investors
These days people have become really smart than before caused by mostly people just see the project based on the product. The fact if majority of old coins have created nothing and that makes so many people that aware about the importance of product to move into the new project that gives a better prospect.
sr. member
Activity: 938
Merit: 255
SmartFi - EARN, LEND & TRADE
May 19, 2020, 01:57:27 AM
I think the aspect of good exchanges is important nowadays, because most projects hardly survives without it and at least gives the idea that the project will worth something when distribution is done. Of course listing on good exchanges will result to good volume which is also very important while making decisions. The old ways faded away or are fading away because most projects only uses it to attract investors and nothing more therefore resulting in low value sooner than later.
full member
Activity: 1050
Merit: 102
Cryptocurrency addict | Invest at your own risk.
May 13, 2020, 11:25:30 AM
I think it's time to change the mindset of everyone, especially those who create a project they have to really do well without continuing to think of quick profits and then leave. This year many projects are good and they are starting to realize, but there are still many scam project.
hero member
Activity: 2366
Merit: 504
May 13, 2020, 11:08:09 AM
There is a big difference between now and two year ago. Bounty hunters used to get regular payment from almost every bounty but now we don't receive payment almost every bounty. So if bounty hunters see a project listed in exchange either payment is low, they try to join the project as they think that they will receive payment that can be sold.  Now we are tired of scam projects.
who does not want to get a definite payment, even if a small amount will be obtained? but when they are listed on the exchange there will be potential for prices to rise or fall. all are risks depending on how good we are.
I dont agree with you, you cant say if that the risks will depend on us caused by the team was doing their job properly and the project could attract a lot of interest. The main problem was on the team itself and the implementation of their ideas.
full member
Activity: 1120
Merit: 101
May 13, 2020, 10:19:02 AM
There is a big difference between now and two year ago. Bounty hunters used to get regular payment from almost every bounty but now we don't receive payment almost every bounty. So if bounty hunters see a project listed in exchange either payment is low, they try to join the project as they think that they will receive payment that can be sold.  Now we are tired of scam projects.
who does not want to get a definite payment, even if a small amount will be obtained? but when they are listed on the exchange there will be potential for prices to rise or fall. all are risks depending on how good we are.
full member
Activity: 1099
Merit: 116
May 13, 2020, 10:15:23 AM
There is a big difference between now and two year ago. Bounty hunters used to get regular payment from almost every bounty but now we don't receive payment almost every bounty. So if bounty hunters see a project listed in exchange either payment is low, they try to join the project as they think that they will receive payment that can be sold.  Now we are tired of scam projects.
full member
Activity: 1162
Merit: 168
May 12, 2020, 02:59:30 AM
That's how it's meant to be, nothing really stays forever, as time goes on things change. If you keep judging a project with the first features you have mentioned, although the first point is good, that project will still be more likely to fail. Even the projects that are listed on big exchanges still fail sometimes not to talk of those that are not listed on a good exchange.

The worst part of it is when the exchange is known for listing for scam projects. Exchange has its own way of promoting a project by displaying it to its wide audience. And when the investors notice there is a growth in the project they will start investing in it and that will help it grow even more.
full member
Activity: 1092
Merit: 101
May 11, 2020, 12:07:17 PM
Many people learn from experience and that is why the old crypto is no longer functioning properly, well-known advisors are not an excuse will many people will be interested in investing. due to the fact that projects that are known as advisors are only garbage projects
Different eras, will be different ways to attract investors
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
May 11, 2020, 10:35:59 AM
All of old cryto is not fades away, Most of the old crypto are trustable. But there are some project which is fake. And obviously my current bounty are good. But you should be research the project when you start the trading.

It's hard to say, but I think the market now is changing, and some old coin or old project has replaced with the new project which can give profit for people. Yes, we need to research the project, whether it is an old or new project because that is the only thing that we need to do to find the right project to invest or to trade. But the old coin still tries to survive in the bear market, and I think they already make some preparation for the next bull run, and I hope that some of the altcoins can increase higher.
legendary
Activity: 1904
Merit: 1277
May 11, 2020, 10:08:34 AM
if the following doesn't happen well may God help you

1. List on top exchanges like OKEX, Binance or gate.io
2. Coin already trading and have good volume
3. Promotion has very limited reward for promoters
4. Highly demands for the coin or token

I don't know. The demand for instant profit is what forces at least 1-3 above, and probably 4, too. And the possibility of instant profit has no bearing really on the overall quality and potential of a project. The reason I pulled 4 in there too is that a lot of demand is driven by seekers of instant profit.

It is possible to have a fantastic idea with a fantastic use case that is truly game-changing, and yet not have any of 1-3 above, which in turn lessens 4 as well. I read that it costs $500k to get listed on Binance. Really if a young project has a lot of potential, they should put that money into development rather than placate the demands of traders.
legendary
Activity: 3346
Merit: 1203
May 11, 2020, 09:53:13 AM
Well yes and now. It's true that the old habits are no longer here and yet scammers are still around coming with new ways of deceiving the investors. On the other part we have good projects that won't even get close to soft cap in order to start what they worked for and after this we have the projects that have gathered enough money to start their project but they lack a good team , a proper vision, a working MVP and some of angel investors want the quick $ after the project is launched...so yea this game will never end, we just have to be cautious where and when to invests.
copper member
Activity: 462
Merit: 10
May 11, 2020, 09:48:29 AM
A lot has changed so fast actually well the old cryptocurrency initial coin offering wasn't healthy for the cryptosystem anymore because of too many scams, if talking about the bounty program also then hunters actually abused this program so we expected the new system to eradicate the bad done from the old system but then the bounty program was not left out.
sr. member
Activity: 1188
Merit: 251
May 11, 2020, 09:34:48 AM
indeed listing on large exchanges such as binance makes tokens will be in demand, but actually the project is indeed good and not a bad project, so the criteria for large exchanges also projects must be good.
and now many projects are doing promotions such as bounties and airdrops after they are listed on the market first
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
May 11, 2020, 09:18:10 AM
All of old cryto is not fades away, Most of the old crypto are trustable. But there are some project which is fake. And obviously my current bounty are good. But you should be research the project when you start the trading.
It's not all but the majority of old crypto have gone dude. You can see how numeraire has become a good coin in the past and it has already turned into the crap coin right now.

I guess this is not the only one but there was a lot of old coins that already death like namecoin too.
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