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FTX's downfall is indeed still a quite dire scourge as well as a warning alert for other exchanges because no matter how good it is, sometimes when we don't know what the depth is, it's also very difficult. But talking about Binance there is a slight difference it seems and indeed they are still going to be on top now but we also can't say that this will also be free of suspicion because vigilance still has to be exercised now especially after some of the events that have happened right now.
It is really scary, many people lost their fortunes because of this, and because of this huge incident, we began to reflect on how important the importance of asset security is to the industry. I think encryption is still in its infancy, and even user assets have not reached a safe state, which is completely unacceptable, and the best decentralized exchange must be precipitated.
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The supply might become lower but if there’s no demand for that, you can’t expect for the price to go up. Probably people are into Bitcoin right now or they hold more stablecoins for now waiting for the right moment to buy more cheaper ETH, and because of the market trend this is a best way to be more safe. The trend influence the whole market, we can’t expect ETH to pump while others are dumping, ETH also rely with the trend of BTC no matter how good the news is.
That's right, the king hasn't moved much, how can the little brother be better? The main reason is that the entire market is too bleak, and when the market heats up, all currencies will rise.
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Bitcoin and altcoins belong to same category as a cryptocurrency but while bitcoin is 100% decentralized only a few altcoins are 100% decentralized. We majority of others are highly centralized. and to make one point very clear, when we are discussing any topic that has to do with the comparison between Bitcoin Vs Altcoins, we should always have it at the back of our mind that Bitcoin is the major dominant cryptocurremcy in the industry but we still have some other coins/tokens in different forms and on different chains. The rise of altcoin on the ethereum blockchain gave rise to so many projects while some are successful as utility projects providing services where Bitcoin may have limitations, but also the majority of other altcoins are just total scams that have given the entire cryptocurrency market a bad name.
Encryption must have altcoins to become an industry. Only when it becomes an industry can BTC be pushed to the highest position,But now, Bitcoin wants to become a more influential consensus, and it is rushing to the highest position again and again in the constant altcoin vat. During this period, countless altcoins are needed as a springboard.
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It is normal to say this, I have encountered it, but in the end I did not make so much, and few people can hold the final victory.
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Luna's situation looks much better than the current FTX, the current FTX is terrible, not even the scum is left.
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When you feel really comfortable making money in this world, and you feel that you are determined not to sell at this time, this is the time to sell decisively.
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Bitcoin has never regarded any currency as an enemy, because all proportions are the promoters of Bitcoin's determination of the ultimate king's position. Without all kinds of things appearing along the way, how can Bitcoin make people surrender?
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I think now is a good time to increase the position. Russia is already much stronger than Ukraine, and it is not far from the peaceful manhole cover. The opportunity is slowly emerging, and the rising balance is tilting.
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You must lose money in real money, or you can't have awe of the market, and you can't form your own discipline system.
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No one can accurately predict short-term ups and downs. The key is to know the possible probabilities of various trends and the corresponding countermeasures, so that you can make more money when you are right and lose less when you are wrong.
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That's really interesting, as long as the Internet exists, there is no way to stop the use of Bitcoin. If there is technology to stop it, why does Bitcoin still exist in 10 years? Why not destroy Bitcoin, it shows that there is no such technology that can destroy Bitcoin.
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I have followed your Twitter, and I hope to have the opportunity to participate in your project, but I need to give me half a year, and I need to make money.
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Is this December actually playing out like the past December? Cos right now it looks like this December is a black one lol 😂 things are going side ways and all those crypto chillers on YouTube aren't even catching the trend of what's going on, so what's your own opinions?
It's too uncomfortable. All funds have shrunk by 30 points. It is too depressing. This December is simply toxic. All the game coins held now have collapsed.
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Buying Bitcoin is the ultimate investment. Copycats are really bad at the end. I know I believe in Bitcoin. Only Bitcoin is truly completely decentralized.
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I will definitely participate in auctions. Now I choose Acala, it's a great project. Overall on the investment, my DOT tokens will be locked up for 2 years, but I will get the winning project tokens in return, which can be sold at a profit.
I participated in moon beam and it was too imaginary. It was really amazing to surpass aca. At the same time, I also participated in Astar. Personally, I am more optimistic about this project.
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In terms of function, Ethereum is indeed more comprehensive than the actual application of Bitcoin. Ethereum is more functional. Bitcoin is the leader and the king of the industry. The earliest digital currency is the consensus of the future. This is also difficult to shake.
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A few statistics: 8,000 US dollars, 400 days, 5 billion, the most awesome investment. This is SHIB.
I can only understand that it is a kind of hype token, and I don't think there is any deeper reason, that is, there is capital in the hype, capital game.
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The market is not an infinite cake.It has a limit, only the substances that should be needed, and the rest are either discarded or destroyed. Once the heat is over, it will naturally return to normal.
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If struggle isn't going to end any time soon solana still got worthy opponents like avalanche and Polkadot which are also doing so good, we never know which one will flip solana some day, it's crypto space to begin with a place where anything is possible isn't it?
At the technical level, Solana cannot be a direct opponent of Polkadot, but it is not necessarily true when doing capital operations. Gavin Wood is not very concerned about currency prices. He is more concerned about technical issues. I think Solana and him can't do anything at all To compare.
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You seem to be in the Arabian Nights, and there seems to be a bit of truth. I think you imagine Bitcoin too fancy. Bitcoin is at most just a kind of financial product. What is the relationship between Bitcoin and the secrets of the universe? Can Satoshi Nakamoto agree?
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