I don't think it's possible because bitcoin and ethereum are only alternative tools to make long-distance transactions with large amounts of value and use very cheap transaction fees, so fiat cannot be replaced by these two coins.
till whenever we will not able replace fiat with any digital currency. ethereum or bitcoin only as an alternative payment gateway but totall could not do this. fiat have their own speciallity, very number created it have value which is back up with gold or what ever is that. meanwhile its not happen to crypto. its only about technology , no currency.but for payment ,yes ethereum and bitcoin can do this. |
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you are right that there have been many smart contracts created but from that side you should have judged that only a few smart contracts have good potential and my advice is that you don't buy the wrong one and it's better to buy coins that have real potential so they won't make you regret later.
from this various smart contract platform only few of them could build true ecosystem. most of them failed to build this and finally its failed to compete with ethtereum or binance smart chain. we should restrictly choose which platform we should invest or we gonna in shit coins |
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if this market make new low again , i am waiting for best deal for solana xrp ada and binance . these coins really have strong fundamental and community that will support when its price go to bottom. special for solana , its have great attention at this moment from crypto investors.
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i am not holding any coins at this moment. i am just hold usdt in wallet and its used to buy when bitcoin or altcoin make new low again. buying pressure not strong enough to drive bitcoin move above 40k. and looks like investors still waiting best moment to enter in market. they still affraid if there are fud coming again.
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many tread discuss about next ethereum , but personally i am prefe to say as ethereum comepetitors. there are alot project occur and offer their best feature to attract new investors or ecosystem member. but the main problem is ,is it response well by crypto ecosystem and many project use this services? best platform but no ecosystem will not worthed at all.
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Do you think Tesla will accept Doge Well Answer is a huge possible NO so I think this is just Elon putting his meme out there though still it performed well It kinda has infinity supply plus how will Tesla recoup the bill if doge dump so hard beyond repairs
i think its possible to happen , elon's already give his effort to shilling dogecoin till hit current price and even he must face tweet war with crypto influencer. anything possible to happen in this market and even we never think doge coin price could hit all time high at above 0,7dollar. |
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Many altcoin that have strong fundamental product, so that alot of investor buy and stake it, and there are some altcoin which 80% of the circulating supply staked but the price can not avoid by control of price action of Bitcoin. Bullish or bearish sentiment of BTC will effect to whole crypto market.
I agree with you, just because a coin has a strong fundamental doesn't mean it won't be affected by bitcoins price movement, literally every single coin on the market will get affected whenever bitcoin starts dumping, even coins with low supply get affected also, yfi dump from $70k to about $30k when bitcoin dumped about recently, no coin can goes against bitcoin price movement especially when there are weak hands holding it. ist right , every altcoin have strong rellation with bitcoin. psychology market will affraid if bitcoin price drop hardly. if we've see this many times and weak hand that cause demand drop and price fall. fundamental could help it to hold price so price will not extremely fall. |
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100x only happen in project have usefull product that use with their token , if this indicator not realize impossible for us to see price climbing. with utility demand will created . just find new project with this factor and we will see it 100x later.
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Actually what is written in topic name is true. If Bitcoin, number one crypto and most popular one is not adopted yet and not used as a regular payment. Then altcoins are far away from being used and demanded. Also, new alts appear everyday. They dont live long.
its only used on its own ecosystem atleast, holder can use their token that have many utility and no matter it will adopted or not as regular payment. altcoin with no utility will die immediately , no one can use this token and demand not created at all. |
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Maybe not like bitcoin which already survived for years, but BNB/BSC can get attention from people. Because there are some reason why people will still use BNB/BSC in a couple years. Beside BNB holding for Launchpad, BSC which provide less fees to a project so they don't need to use ERC20 anymore because of high fees that we need to send tokens from it.
Me too. I believe that BNB has a bright future because of its ecosystem BSC hence BNB will be there for a longer time as long as projects are still been listed and traded on Binance and also even with all the problem Ethereum is facing, I also still believe that Eth is still one of the projects to invest in for the future. ETH hard to be replaced. Maybe what i can say is BSC can be alternative for project's developer to made tokens. But it is all depends on them because until now we still can see some project used ERC20 Tokens instead of BSC, and they might be have thei own reason for it. its hard to replace ethereum altough much project migrate to binance smart chain. binance only be second chain that provide lower gas fee , so it will attract new buyer in markeet. basicly their own chain still on ethereum and developt product in this platform. |
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I believe that ETH will reclaim it's glory back once gas fee issue is solved, there is also a big difference between BSC and ETH that will still make many prefers ETH, that's the fact that BSC is Centralized and ETH isn't.
yes I agree with you. ethereum is still the best, although nowadays many people switch to bsc simply because bsc transaction fees are cheaper than eth. and I am sure that after the eth transaction costs recover, eth will be used again by many people. and we are all waiting for eth transaction fee recovery. I hope that in a short time everything will be resolved by Eth. ethereum core developers with doing the best to ethereum network so gas fee could be lower again . eventhough some project migrate to binance smart chain , but its still be most favourite assets that hold by investors. much traders or long investors buy ton ethereum when its price drop hardly, it mean we still believe eth as best assets. |
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we dont know elon musk serious with his statement or not, it could speculation for cryptocommunity and maybe it just his strategy to pump doge price. before this news realize we must becarefull with every tweet from elon, dont repeat our mistake when some traders buy on peak.
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many telegram group discuss about next gem and complete with fundamental analisys ,usually i find new project from this group and compared with another site that discussed it too. easy for us now to find any information since cryptocommunity growth alot this year, and as investors it help us alot.
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But in my opinion, if we want to trade, we shouldn't use these two exchanges, because there are many other exchanges that are much
better off and have a good reputation.
I thought so too. if there is no other choice then use it. I also don't use latokens because WD costs are expensive and the coins I have haven't been sold. I use Latoken if I really have to, because there are several tokens that I get from airdrops or bounties only listing on Latoken. But if I use it regularly, I prefer to use Binance which obviously has a very good reputation and the trading features that Binance has are also very comprehensive. Moreover, the coins listed on Binance are indeed of higher quality than those in Latoken, this is another reason why I prefer trading on Binance over Latoken. Whats your experience for using it? I need to use the platform too for Buying utopia because of only that market which provide the liquidity of the coin. Is the fee hurt you or the system is lack of support? so far actually there is no serious problem with latoken, i am many times selling my bounty token there and deposit or withdrawl running well. nothing to worry as long as you dont use it for common trading activity.if want to trade better to use another exchanges with better reputation. |
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There's a lot of factor the trader must look, of course the fundamental question is, the project itself what's the project offers, second the real community that adopted the project, community is the best asset the project have, because even they have offer an innovation but no one will adopt it, it's useless.
in my word, they must build ecosystem in their platform . many project identify as good project because of their ecosystem that could running well,so its token very usefull and have utility.look matic and solana which very hype recently, this is simple example how ecosystem could drive project. |
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in my opinion, the safest altcoin investment is a coin that is in the top 5 of coinmarketcap, for example, is Ethereum and XRP but you have to be careful when investing in cryptocurrency no one can guarantee you profit. maybe you can get into bitcoin which is still better than altcoins.
in any cycle ,either bullish or bearish trend major coins will always survive if compare to another coins. they have high liquidity that will rebuy if price already recognized as bottom. and also community power will drive all developtment and create new demand from new investors. |
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I'm less sure to say this is a correction before the altcoin season. Maybe some time ago we had a pretty lucrative altcoin season. Corrections are commonplace in the crypto market. We don't need to panic over this correction, just hold onto what you have and wait for the next pump to happen.
so we will have second altseason this year mate? i hope it too, but before we face it looks like market will very bloody in next few weeks.to make hard bounce , there will needed hard drop. i am agree if we panic at this moment , it will make market drop again , so hold till next season will be better. |
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no no, it looks like you are in the right place let's see the progress but I doubt whether it will survive or get hype at first because maybe many have used that method, comunity will help your project grow even if your project look not good, but the hype will not last for long time.  It's true, Hype will not last long because Hype is not created by an official community, so its durability will not last long, and this is certainly different from full community support for the project, so that the product value of the project can always survive in the market. hype or what ever it called only just to attract new buyer come to cryptocurrency, and if we as this new buyer didnt understand the fundamental behind the project i am sure we will get rekt . look at doge as simple example , much investors buying in the peak and maybe some of them cutloss and suffer lot loss. we have to understand is this hype move parallel with lastest fundamental in project. |
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Yes, many coins will be useless. But at the same time, some give a good boost. The ones I sold are now much more expensive. So it's best to keep all the coins for yourself if you have other income.
for long term investment its very suitable , just buy and forget at least for years and check it again later. just like dogecoin ,or another altcoin which is rise extremely this year. if we have monthly income our psychology will not disturb although cryptocurrency price drop. |
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the reason why doge rise only elon's tweet,there is nothing else. although for me its unique assets in crypto market and often used to tranfer between market . and now doge coins price still above 0,1$. we will see in 2022 tesla will accept doge or not, if it is doge price will really to mars.
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