Old crypto ways fades away easily - page 4.

Ashong Salonga

sr. member

Activity: 882

Merit: 260

Quote from: joseyphil82 on March 24, 2020, 01:00:24 AM

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

Well, the difference from the old days compared to what we currently have right now can really be observant specially when it comes to how bounties are being run and managed as well as how the promotion for the future price value of the token created by a project is being done. The good old days are somehow which the processing on how the bounties are being managed is really organized starting from a good line up of the team, the manager, the white paper and of course the idea of the project itself is the most important. Compared to the current situation, bounties are fastly being run, the team behind a project is hardly identifiable which gives people a bad impression that all bounties are like that. Well, change is really inevitable in this industry and its been a while since the old ways of running a bounty has been done. Nowadays, it is hard to say what will be the future value of a coin if it will be valuable or not if you will not took into consideration those other elements you have said which are coin is listed in a top exchange, coin already being traded and high demands for that coin to state that it can go to bullish.

joshua123

full member

Activity: 527

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Quote from: joseyphil82 on March 24, 2020, 01:00:24 AM

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

These are 2017 criterias during ICO most ICOs during those time are really like this plus they have potential to raise fund which is very surprising. Not so many projects now rely on these fact but, definitely uses exchange for their IEO. Even without any team or advisors they can roll their projects already. You can really see the huge difference from before and now. I like before because only few scammer lurking but now, every aspect of crypto has scammer. Too bad.

inanilujimi

sr. member

Activity: 1876

Merit: 259

Times have changed, yesterday most people thought crypto was one way to get rich quick and they were attracted and easily cheated by scams. And now no one wants to get into the same hole a second time.
I think it has become a human nature to want to learn from their mistakes.

BlackFor3st

hero member

Activity: 1932

Merit: 506

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Quote from: joseyphil82 on March 24, 2020, 01:00:24 AM

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

Old ways will likely to occur again once we will be in bull season as that time happened last bull season but right now we are almost at the bottom meaning we are still in bear season therefore the project owners need to change their tactics in order to attract investors. ICO's were being replace by IEO's in bear season but if the bull season will happen again then I am sure that the project owners will likely to use again the ICO's and the length of fund raising will not be that long compare to this bear season.

As what I have notice, most of the successful IEO's in bear season were launch in Binance launchpad and with regards to bounty rewards I notice also that there are very few who offer a good amount as most of the rewards are playing below 100k$. I guess the project owners are afraid with dumps from bounty hunters especially that the market is not that good.

lobo13hf

hero member

Activity: 2268

Merit: 507

Quote from: zaim7413 on March 25, 2020, 01:13:04 AM

Quote from: Buntel168 on March 24, 2020, 10:30:14 AM

Now all is different, at the moment it is very difficult to find a good bounty. Most of bounty tokens after listed on the exchange the price will fall and the job as a bounty hunter looks like nothing.

That is caused by the project developer who is not responsible for the project, so that their bounty tokens that are already listed in the stock exchange lose value, because the demand is reduced and there is no repurchase from the project team.

The project developer is who that needs to be blamed. They have received a lot of money and they didn't even wanna use some of these money to create massive advertisement to pay awareness from the adopters that are not yet known about that. As far as i know if that's really unacceptable.

crustycrab666

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Activity: 560

Merit: 104

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Quote from: joseyphil82 on March 24, 2020, 01:00:24 AM

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

These four points are very appropriate to be used as the basis of analysis to determine potential con and tokens. We know that this trend is constantly changing and we must be able to follow its development. We know that to be listed on a global and potential exchange is not easy, the exchange has certain conditions and criteria and is selective in doing cooperation. This makes it easier for us to find potential. But that is not a guarantee, a deeper analysis must be done, dwyor.

travwill

sr. member

Activity: 1313

Merit: 278

Quote from: Greatchu on March 24, 2020, 05:19:06 AM

Honestly I've gotten tired of projects with burn token and advisors like John McAfee, it doesn't work anymore, everything seem adjusted and many have learned, most of the projects hyped by advisors in the past are dead already because the lack of interest is present

Similar projects have long been in the past.

Old man McAfee himself has compromised himself and cryptocurrencies with his loud statements.
We all thought that he was a real crypto anarchist, but in reality he turned out to be an ordinary politician who only lies.

Firefoxx

copper member

Activity: 280

Merit: 5

I really do prefer old crypto life than now. Back then Crypto had good potential and promoters gets to have good rewards for promoting, there was no greed in both team and promoters. CMC alone moons projects and we had less fake projects but now many issues on the space andost tokens has turned to pump and dump.

disconnectme

hero member

Activity: 1876

Merit: 512

The space has really changed or let me say matured. I could remember when Ethereum announce their partnership with Microsoft and the price when from less than $1 to over $10 within 3 months. Now if announcement like this will only resulted in pump and dump. There are so many stupid thing that happened in the space and people take it has a norm, like advisers tokens and those given to influencers, where are they now when the price of their tokens have lost more than 90% of its value

Golftech

hero member

Activity: 2128

Merit: 520

Quote from: patz22 on March 26, 2020, 06:56:42 AM

Both lists are actually the same thing for old and even new projects/tokens/coins who are trying to prove themselves in cryptoworld. Well, if a project needs a quick hype of course, they will use their collected funds to get listed in bigger exchanges just like what you have listed but if the team is wise enough they should allocate it to greater things such as developments on their project in that way, they can launch it sooner and for sure, holders will be the one who will benefit the most

If the team behind is aiming for better outcome surely they will continue to use the money that they've collected mostly for the innovations of their project and not alone to hype their token.
Things are different nowadays as there are lots of competitions and chances of surviving for newer projects without clear path within this business is too slim unlike before that every new project are being eyed by investors.

htsy585

full member

Activity: 573

Merit: 102

It's normal to see every investment sector undergo corrections and i can confidently tell you the cryptocurrency market was well due. The early birds involved in crypto haunting are those that will be the most beneficial of it as the market will only keep getting more difficult. I think not only hunting of bounties and airdrop got a bit complicated but the whole market as even traders, investors as well as start up projects are complaining bitterly about not making enough gain. All i can wish for is for the market to experience a massive bullish run just like it did in 2017. That way, everyone even the commonest bounty and airdrop hunters will benefit massively.

cytpoway121

member

Activity: 1540

Merit: 68

Neutrally on true life terms. If you keep doing things the way its been done in a long time, you keep getting low values or rewards.

There's a need to do things in a new way, and to do that we need to learn new ways, new strategies, new tactics and methods to conquer our failures.

Even when it comes to research making, do it differently

patz22

full member

Activity: 1176

Merit: 104

Both lists are actually the same thing for old and even new projects/tokens/coins who are trying to prove themselves in cryptoworld. Well, if a project needs a quick hype of course, they will use their collected funds to get listed in bigger exchanges just like what you have listed but if the team is wise enough they should allocate it to greater things such as developments on their project in that way, they can launch it sooner and for sure, holders will be the one who will benefit the most

Smartkeok

jr. member

Activity: 84

Merit: 1

Quote from: Greatchu on March 24, 2020, 05:19:06 AM

Honestly I've gotten tired of projects with burn token and advisors like John McAfee, it doesn't work anymore, everything seem adjusted and many have learned, most of the projects hyped by advisors in the past are dead already because the lack of interest is present

Most projects that front such advisors now especially McAfee are very fake and probably scam. They just use the faces of those figures to sell their projects and token. That's why it's advisable for a proper research before investing in any project whatsoever.

tbterryboy

sr. member

Activity: 2030

Merit: 323

Things hardly remain the same, as time goes on it starts to change and it’s up to us to adapt to those changes. And you know for sure why coins and tokens listed on popular exchanges has higher chances of succeeding is because those exchanges are highly trusted and when coins are listed on big exchanges they are likely to gain investors than when you list them on poor exchanges that are not even popular.

I don’t think you will be interested in trading a coin that is listed on an exchange that is known for promoting failed coins.

semobo

full member

Activity: 1498

Merit: 146

Projects are highly profitable if they are unique or following the recent successful project so sticking with the old ways make the investors less interested so they are moving to new one but most of the projects are not listing their tokens on reputed exchanges so all other points becomes void so people have more chance to find good project but chances of making profits are not the same level as before.

skeleto88

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Activity: 224

Merit: 10

Quote from: Greatchu on March 24, 2020, 05:19:06 AM

Honestly I've gotten tired of projects with burn token and advisors like John McAfee, it doesn't work anymore, everything seem adjusted and many have learned, most of the projects hyped by advisors in the past are dead already because the lack of interest is present

I agree all those projects with known advisors or celebrities advisors don't live up to the expectations and become a failure. I think what really investors looking in a project something that does not brag anything and silently doing doing their job in developing the project.

joybella

jr. member

Activity: 370

Merit: 1

A lot has changed around this space what everyone looks forward to is: has this token been listed on any exchange yet? Does the team have a reputable track record in the space? What type of community does the project have?

JeotQ

member

Activity: 406

Merit: 14

The most annoying part about new projects today is delays, it can take more than 8months for a project to fully launch nowadays even if they've raised fund months back, it's so sick and tired some, only very few projects like temtum and tachyon never wasted any time

el kaka22

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Lol, it is so sweet that you think that "old crypto ways" is the time when ICO's started. The real "old crypto ways" was publishing the wallet, that's it. One day there was no coin, then at certain hour they publish the wallet and BAM there was coin. No ico, no funding, no pre-mined ones, nothing, just out of nowhere that coin was created and you could even mine it with your laptop for the first few hours to get as much as you can.

There was no "owners" of that coin, there was no team, no advisers, nothing. Just some developers managing to build something good and published it for everyone to be equal, unlike those "old times" you talked about where the owners has ton of the coins they created. Those were the start times when bad things happened, now it just got worse.

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