That cryptocurrency rewards program is genius. People are making money with ICOs hand-over-fist. Anyone buying into that is going to get burned, but I give props to anyone running a non-total-scam ICO. I also hold NEO, and it is flying under the radar. It just gains every day in value.
I agree.
My first filter prior to reviewing any ICO is whether or not the developers, marketers, etc...., basically everyone involved in the coin or token is visible. Not a screen name with an avatar but a real name, face & background information/credentials. That weeds out most of them right away.
Today I came upon WORM coin. It is an ICO for a website that sells worms. The site looks like it was made in the 1990s, and there was no mention of the ICO anywhere. I just found it on the biggest losers on coinmarketcap. Funny thing was there was $145k of trade volume. People will buy anything sight unseen right now.
So true. The amount of new money from a new generation of amateurs is flowing in exponentially. Some are just buying up the cheapest coins they find listed. I can't believe how many crap coins I was trading 2-3 years ago and thought were dead are now back and alive. I guess we should call them "zombie" coins. Reddcoin RDD is one good example. I remember a few of us trading it on Cryptsy exchange for fun and profit then like all crap coins it tanked to the abyss, now look at it.
That cryptocurrency rewards program is genius. People are making money with ICOs hand-over-fist. Anyone buying into that is going to get burned, but I give props to anyone running a non-total-scam ICO. I also hold NEO, and it is flying under the radar. It just gains every day in value.
I agree.
My first filter prior to reviewing any ICO is whether or not the developers, marketers, etc...., basically everyone involved in the coin or token is visible. Not a screen name with an avatar but a real name, face & background information/credentials. That weeds out most of them right away.
Today I came upon WORM coin. It is an ICO for a website that sells worms. The site looks like it was made in the 1990s, and there was no mention of the ICO anywhere. I just found it on the biggest losers on coinmarketcap. Funny thing was there was $145k of trade volume. People will buy anything sight unseen right now.
So true. The amount of new money from a new generation of amateurs is flowing in exponentially. Some are just buying up the cheapest coins they find listed. I can't believe how many crap coins I was trading 2-3 years ago and thought were dead are now back and alive. I guess we should call them "zombie" coins. Reddcoin RDD is one good example. I remember a few of us trading it on Cryptsy exchange for fun and profit then like all crap coins it tanked to the abyss, now look at it.
Yeah for sure. I like that zombie term. Ha! Dogecoin seems like one of those.
Me after seeing this post.
I am new on Steemit i write about cryptocurrency please follow me @berdaosk and upvote thanks for supporting me :)
https://steemit.com/bitcoin/@berdaosk/usdusd-everything-you-need-to-know-about-bitcoin-minig-usdusd go check and vote :))