Latest posts of: anilsaini.jaipur

Yes, paying by fiat could be a good option since most hunters dump their coins after the ICO and thus it reduces the price of that coin. But teams will be short on funds for development if they pay using fiat instead of coins/tokens.

It just seems a fear of missing out right now. People are waiting for august 10 on that day ETF approval for btc can be received. Bitcoin is the virtual currency and these are the liquidity assets. Price may increase or decrease at any time. Yesterday, maybe something like that happened. Moreover, its demand can be increased at any time and with the increasing demand, the price of Bitcoin will also.

ETHL seems to be a legit project. Currently their private sale is in progress which is going ahead at a good pace. We will definitely see a great product from ETHL. ETHL is taking advantage of the decentralized nature of the Ethereum blockchain, so it doesn't have to worry about the security of its users data.

These are the times when no one is sure whether market will be bullish or bearish in the short term. but looking at the last 1 week and with etf approval decision coming out on 10th August we will see a lot of volatility in market. Still the market seems bullish in short term.

ETHL will be successful as it offers many advantages. The product that they are developing will have lower transaction costs, faster turnaround, automation and immutability.

It's logical that banks and governments are scared of bitcoin. Banks are scared because less and less transactions passes through them which means less money for them in terms of bank charges that they get from transactions and Governments are scared because they won't get to get tax from these transactions. At least not now yet

Yes it is for risk takers only. Weak hearted people will only see loss in this market. Crypto is demanding and it demands taking huge risks and entering the market at right time and exiting before the tide turns.

I do not think that market is healthy again. It just seems pure manipulation right now. Do not get hyped up so easily. We have had hundreds of those high pumps within the last months.

I think the rise happening to some altcoins even if bitcoin is in the red mark is because of the demand of that altcoin in exchange of bitcoin. Whenever an altcoin increases its price, it means that more people are buying that altcoin in exchange to some other tokens, so this means that bitcoin being traded for other çoins lessen the demand of bitcoin but rather increases the demand of that coin being traded of bitcoin.

Every Bitcoin investor is waiting on the good news of ETF approval.
As the date of the announcement is not clear some says 10th other 16th of next month but let's keep in mind that the announcement date could be extended by SEC at any time. I believe that SEC's decision will have a major effect on Bitcoin's price maybe a few times fold the effect of Bitcoin Futures approved last year.

Yes, they are afraid of a thing that is decentralized. It's logical that banks and governments are scared of bitcoin. Banks are scared because less and less transactions passes through them which means less money for them in terms of bank charges that they get from transactions and Governments are scared because they won't get to get tax from these transactions. At least not now yet.

Right now market seems bullish. These are the times when no one is sure whether market will be bullish or bearish in the short term. but looking at the last 1 week and with etf approval decision coming out on 10th August we will see a lot of volatility in market. Still the market seems bullish in short term.

ETHL will be successful as it offers many advantages. The product that they are developing will have lower transaction costs, faster turnaround, automation and immutability.