Bitcoin cash disappeared

Since the coins are cheap while holding potential for substantial returns down the line, people often buy into an ICO. By their very nature, ICOs are highly risky. Moreover, these kinds of investments have been riddled with fraud.

It is important to keep in mind that everyone expects the startups to fail. The problem is the massive amount of cash that floods into these projects before they are ready — this is the primary cause for concern. When startups receive more fuel than they can keep up with, the resulting conflagration ultimately consumes both the company and the founders, which is not helpful to the investors in return.

The conflagrations are, unfortunately, a global phenomenon. The lock-ups and pricing scams within the ICO market are using greed rather than rational thinking, and are hurting the industry more than helping it.

In the end, it is crucial to invest only what you can afford to lose and expect any token that you invest in to fail. Then if it succeeds, you will be pleasantly surprised, and if it fails, you will avoid devastation. Even Bitcoin, the biggest cryptocurrency by market capitalization or value, has had a tough year. While Bitcoin is still among the stronger of coins, many others have not been as fortunate.

To note are five of the greatest failures in cryptocurrency history thus far. SpaceBit has long held the status of one of the most ambitious cryptocurrency projects thus far. This announcement attracted much attention and enthusiasm from the public, gaining massive support behind them.

However, the project ultimately disappeared. There was never any prototype or proof-of-concept, and eventually, all talk about SpaceBIT faded out completely. Having made grand claims in about disrupting social media, the result was somewhat disappointing with an underwhelmingly low crowdsale that year. Since then, GetGems has been overtaken by competitors, but they are still running; they have seen the most success in the country of Uzbekistan, ranking in 63rd place among apps. Although this cryptocurrency began as a joke, it quickly evolved into a success with a passionate community behind it that became known for donating to charity with DOGE.

After a successful streak, the Dogecoin collapsed. This led to the crashing of DOGE and disbandment of its community. Launched in , PayCoin grew to be one of the largest cryptocurrencies worldwide by market capitalization. However, it quickly became evident that the coin would not live up to this vision when its founder converted PayCoin into a generic altcoin clone, which made it easier to push onto the market faster.

As it lacked follow-through, people ultimately lost faith in the coin. By , GAW shut down entirely and faced a federal investigation, with its founder fleeing the United States. While its beginnings were met with great enthusiasm, including large purchases of the token, one incident had changed the entire course of this currency transactions.

After information about the attack became well known, the token became abandoned by traders, throwing it into a downward spiral. There has been intense pressure and skepticism placed on the crypto world, perpetuated by consistent news of novel scams or unsuccessful coins.

However, optimism for the industry remains strong. Proponents of crypto expect regulators to learn to be more favorable towards the field, which could boost participation in the market. Similarly, there is a lot of optimism for the future of ICOs as an alternative to initial public offerings and venture capital funding.

Maybe you shared your information with an unknown server or logged in from an unknown or phishing emails. Because i have been using the blockchain technology but I never faced this kinds of problems. So check if you have done anything like this. I real know what happened because its something like your money have been stolen or some site errors.

Because i have deposit litecoins from cryptotalk account to my faucetpay wallet, its always takes only 5 minutes to complete the transaction. But today its now 8 hours already past and my transaction is still pending in confirmation, they have 6 confirmation but it has stack to 4 confirmation. Time is the ultimate weapon! Did you search in the history of translation?

I f not you nee to talk with support about that. These wallets are not safe in the least. Try checking the transaction history, it might not just disappear. If there is no history, it is impossible. And you just report the case on the blockchain support.

George10 I am sorry for your losses Who said: Coinbase and Blockchain are the most secure wallets? Again as said by other members, it looks like hacking. Always pay attention to the applications you install and the permissions you give them Did you use an email you received to connect to the site?

Are you sure that the apps on your smartphone are all reliable? The Most Famous Wallet. But sorry for your problem. Hopefully you can find a good wallet to use. Sorry to hear that bro, i hope we all take some lesson from it, thank you for telling me because i will never use the app, i also installed it on my phone but i never deposit on it, thanks bro for letting us the truth, i hope you earn more than you lose.

If this is an online wallet, then it is possible that fraudsters got access to it and withdrew funds. I had this with an online Ethereum wallet. Perhaps you have problems on the Internet or that there is an error in the browser, perhaps, but if you re-open the wallet and you did not find your money, this is a dangerous thing and you should contact support. You can post now and register later.

If you have an account, sign in now to post with your account. Paste as plain text instead. Only 75 emoji are allowed. Display as a link instead. Clear editor. Upload or insert images from URL. By Dagamand , May 18, in Крипто Мир. By Dagamand Started May 18, By dotsbik Started November 6, By katushka Started July 8, By Malov.

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