ProjectJourneyman

You may see links to Brave spammed everywhere because people are paid in BAT to refer, but it actually is a phenomenal browser.  As others have said, it's really good even if you don't include earning BAT just for browsing.

Coinbase rakes in huge fees from their main site, mostly from people new to crypto.  It isn't that hard to use Coinbase Pro for staggeringly lower (but still quite high) fees.

Interesting post, but this sounds like a terrible idea.  We don't need more exchanges that don't offer anything new.  Low-budget and no-name exchanges are the shady underbelly of crypto, and users should be learning to not just pump money into unknown exchanges.

When I last looked, Shapeshift didn't seem to have rates competitive with on-exchange prices, which pretty much makes it a no-go for me.  The KYC addition doesn't help either as it adds friction.

Sadly this project excludes US residents (I know regulations are tough, but that makes it irrelevant to me).  I wonder how that affects the success probability of projects.

Here's a general rule to consider:  If a faucet has a "payout threshold", it's not going to be worth your time.  With a few exceptions, every site I've ever seen that does that either:
1. Pays so little it'll never be worth your time

2. Will pull an exit scam before you can ever get anything.

Even the famous freebitco.in may be legit but it pays so little that you'll have to spend months to bet to the payout threshold.

This is a good reminder that smart contracts can completely screw up the dynamics of a token, and in the end you may not actually own the tokens you hold if the contract locks you out of them.

It can have a larger effect on smaller altcoins, where a larger percent of the total coins could be included in the theft.  I think the altsbit hack with pirate chain was a problem because it was the biggest exchange for that coin.  Bitcoin is so spread out that it's harder to have as large of an effect.

I think it's hard to make enough to just quit forever, particularly if you want to do it quickly.  No matter how much your monthly needs are, your "seed money" to start with will have to be a big chunk of that -- otherwise you're looking to get a 1000x return on investment, which has rarely been done without significant risk (or insight!)

So be realistic about how much you think you'll get in return for what you start with.

I think Energi (NRG) stole ETH2's thunder because it supports PoS already, has masternodes, and now supports Solidity smart contracts.  Yes ETH2 has new contract features planned, but since it requires a minimum of 32 eth to stake I'm not so interested (plus the ROI is much more tame for ETH).  In the end I'd still have my ETH in a custodial service to get any staking rewards/interest.

Plus NRG has a superior defense department, and preventing fraud is going to be key to crypto's future.

I'm still not convinced anything useful was presented here that shows Mercatox is shady, just that they list worthless coins.  Most exchanges do.  Some of those worthless coins turn out to be scams, but the important thing is if the exchange knows this or participates in shady dealings to pump up coins.

The link in the first post is to a suspended account, so maybe this post should be suppressed or a warning can be displayed.  Not worth the time!

On 3/10/2020 at 8:49 AM, Naga said:

i think this is one of the reasons people send coins to fake wallets they found on google because they think all coins must have wallets on google and its not always the case.

great point.  I don't want a new wallet for every coin I get; unless it has unique features it's not value added to have a brand new wallet.

I earn interest by holding my crypto at crypto.com (see link below).  I earn more because I have MCO tokens.

However, it's very important to understand that you want to earn more of GOOD coins/tokens, since 100% return on a coin going down the toilet is no good.  So it again comes back to getting the coins you want, then figuring out what to do with them.

Kucoin is doing a promo now that reduces credit card fees.  Still, if at all possible I suggest buying with fiat from your bank account.  There's little reason to pay the extra fees if you have the money, and you shouldn't be using credit card as a margin to make risky bets on crypto.

Who thinks a coin/token is legitimate just because it is listed on an exchange??  Do your own research, and buy the coin because you understand it not just because it is listed on an exchange.  I deal with a lot of exchanges that also have crap coins; I don't blame them if I make bad choices.

The waiting list is unfortunate, but Coinbase is one of the best airdrops out there.  You get payment in real coins immediately that have value.  You don't need to hunt for where to sell them if you wish...

Discount all astronomical numbers as garbage.   Sure, maybe *eventually*, but after many years inflation will mean that dollar value won't have the same purchasing power.

People want to know how high it will go during their attention span, which may go from a few seconds to a few years at most.

Creating a coin takes work and knowledge - it requires an infrastructure (nodes) to support it.  Instead, create a token on e.g. Ethereum where the infrastructure is handled by others.  You can create a token for $25 on some sites, no programming experience needed.

The important thing, of course, is having something of actual value to offer to people, rather than just wanting to cash in on the crypto craze.

Keep the faith.  After the latest huge drop, there's so much more room for a bull run.  It looks so much more impressive if you buy now, rather than looking for gains for what you bought right before the drop.

No.  Litecoin has nothing to offer.  It doesn't fix *enough* of Bitcoin's shortcomings to be worthwhile.  It has minor improvements, but there are other coins that are revolutionary.  Find a coin that is truly doing something different.

I signed up with email as it was free, but I'm not sure I'll get anything.  I try not to invest much in anything with the name Bitcoin in it, as they're generally just trying to capitalize on the name and don't have much to offer.  If you can't find enough info when you research, its probably not worth investing in.

If you're coming from fiat, now is a great time to get alts or still BTC or ETH.  If you're coming from ETH or BTC, they dropped almost as much as alts so it's not necessarily a good deal to trade into alts right now.

After months, I've decided to call it quits and have left with nothing.  I rolled at least 10k times, and should have at least gotten the 3rd highest price.  Instead I never gathered enough to withdraw, and I'm not confident enough to deposit anything.

Not sure if I missed it, but I don't see discussion of atomic swaps.  That is the way to exchange in the future.  While DEXes are great for ERC-20 tokens, atomic swaps can support different kinds of coins but still not require an exchange.