Just been checking out your website and I love the fact you offer cashback on the card. I want to open an account and do my KYC. I want an IBAN as well so I can park my crypto earnings as I work full time in crypto and do not earn FIAT at all. The banks in Cyprus are a pain in the butt and there are restrictions on bringing in crypto. Although I own one crypto debit card, i really do want to have more options, especially with ones giving rewards as well. That's another way to collect some coin while paying fro my groceries.  |
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I have had a couple of coins of late do a late bloomer thing. One of them is ESH or known as SWITCH. Around a year or more ago I did a video on it and then lo and behold a year later we not only see the token price go up a bit but they airdropped all of us GHOST coin and I found like 180 bucks worth of this free coin airdropped by SWITCH into my Eth wallet. That was a really nice surprise to see that extra money land into my wallet very unexpectedly. So you never know which coin will give you a home run.
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I am glad I bought a main bag of ERD from around 38 sats all the way up to 95 sats, but even so I still think there is room to grow form here for the long haul, especially when main-net launches and we can all stake our coins. I haven't got a huge bag but if this ever hits even 50 cents in a year or two, I will be a happy bunny. ELROND is moving at a fast pace so i still think it is pretty cheep right now.
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Crypto loans are great if you want to leverage your capital, especially in a bear market scenario, where you really don't want to sell your coins in time of need, but you can set them up as collateral and get a loan. Either using the loan to leverage as capital to grow more assets, or use the loan for day to day stuff. I have used Nexo a few times and am looking at other ways to get a loan but also to stake and lend my crypto out as well. That is another way of getting in more funds. More and more people will turn to DEFI and Crypto as they slowly opt out or are kicked out of the old financial systems.
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I know there is a lot of money now locked in DEFI projects, but some seem a little bit dubious for me and the rate that compound went up in the last few weeks scares me a bit to enter this specific project. I saw it suddenly at no 20 on CMC but because it already mooned so high I don't think I will be touching it. I am looking at other smaller cap coins for the potential to earn long term. I think COMP is something for those who want to gamble and make fast money, which they can lose also just as fast.
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Well it all depends on what side of the fence you are on. I for one would like the price of BTC to go up, but not in a hurry as I am not done accumulating BTC and Altcoins of my choosing. My bag and portfolio are very small compared to many others here as I lost too much in the last bear market. So either way I am happy, as long as in the end we all get the results we wish for. I do need though to get more into stable coins so I can always buy that dip. That's the hardest thing, to hedge.
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This is a project I just discovered the other day and decided to buy myself a bag, I had to, because it is about to bring forth a layer 2 protocol on steroids for banks, businesses, blockchain interoperability and I know some of you don't like banks but as they are going digital they need us YES NEED US, BLOCKCHAINS...so to move to a digital format QUANT NETWORK is what will help them onboard, but not just banks, what QUANT has built, the OVERLEDGER can be applied by almost anything and anyone. Anyone in here own $QNT and what do you think of the price action say in the next six months? I will hold this long term but with a very small token supply I see this groundbreaking project growing nicely over the coming years. Check out the CEO'S LATEST UPDATE: https://www.youtube.com/watch?v=6KoOsiXq-uo |
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I have bought bags recently and accumulated CRO, ADA, VET, ZIL, ERD, GNT and am adding bags but the thing is at the moment the whole Crypto market cap is the same as it was all through the bear market for the last three years. Unless we see more and more money entering the markets and real use cases, all we will see is pump and trading groups going around and raping each coin for profit. We need to see this area of expertise grow in utility so we can realize the real profits of our bags at some point.
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We will update the information found in the first post and create a new ANN thread from this official account.
I hereby confirm the authenticity of this account. It is under control of an ERD Core team member. Yes elrond nice pump, already +750% from the low
There have been some vital development that I have yet to post about.
Source: https://t.me/ElrondNetworkAnn/422There are a lot of partnerships to be announced as well. I still haven't had time to join the Twitter promo but I did up my bags on this little dip again and just going to set and forget for long term. I don't want to mess with my bags and get priced out, although I have a smaller bag for the odd bit of trading when I get time. I think ELROND will perform well as we head towards mass adoption and making blockchain easy for the lay person in general should onboard a lot more people into Crypto at large. I love what they are doing with TRAVALA this will kick start a lot more travelling, especially as ERD grows in value and your staked coins grow, then you don't mind spending some of the staked coins for a little holiday break. |
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Now something that is really moving nicely in a tokenized setting is REIT. A lot of people want to get onto the housing market but can't yet afford it, so they are going into REIT. I have seen a few crypto projects around that have tokenized property and I think for some it is going well. I see tokenization in almost anything that can be transferred or traded, any consumable, asset or commodity. It is happening now on a daily basis and is only set to grow over the next five to ten years quite heavily.
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I like the deflationary Idea as I am also invested in another deflationary coin but it may take time for this one to catch on as the volume is very low on the few exchanges it is listed. Of course every project needs a lot of hard work to get off the ground and a big community to rally behind it, so I will do more research and due diligence on this project and see if it is worth a small punt or not. Sometimes it's these quiet sleeper coins that you see suddenly take off and do a 10 x just like that. I will check it out further for sure.
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Now that the current financial system is on it's last legs and very weak. This is the time where the Crypto Industry can start making waves, not just ripples in the water. These are the kind of collaborations we need to make Crypto Great and show the world we are not just a sea of shit coins but we are an Ocean of unprecedented Technology that can solve many of the problems that are keeping Mankind back from evolving into something more advanced and also more organized. I am optimistic and hopeful for a better future and this helps me to think in a more positive way. This financial crisis is a catalyst for change and change is coming and we need to embrace it.
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Well this depends on what the project does after distribution of coins and tokens. Now to get listed on exchanges is very expensive and many projects don't want to even focus on spending money on exchange listings until they have finished with their core project ideas. Some projects of course are blatant scams and others take a very long time to lay eggs. The only thing I can say is to keep at it because you might just stumble across that next Unicorn project that might take you to outer space, you just never know so keep digging till you find gold.
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After removing the lock-down rules in several countries, Travala is back in business! Elrond is one of Travala's interesting partners. Can't wait how they will collaborate.
Yeap this is good news and I have a small bag of ERD ready for staking. I plan to join Travala and get all my friends and family to join to try and support it. I have seen a place in my country for rent for holiday let, so next year I might book it and surprise my parents with a free holiday. If ERD explodes in price who knows I might even pay for the min break with staked coins! I am going to buy some AVA tokens to put up for staking also as we get 1% a month in bonuses and also discounts if we book through their special discounted places. I think whales should also use this service to promote crypto as well. |
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there are two problems that i see preventing or at least slowing down such adoption.
first is the very small adoption of bitcoin itself. so far not that many people know about bitcoin and from those people a small percentage have actually bought bitcoin. and finally from that small percentage, even a small percentage are also willing to spend their bitcoins as they would any other currency and instead prefer holding it as an investment.
so when the demand for the grocery store to accept bitcoin is very little to non-existent in some places, we can't expect them to start accepting bitcoin.
second problem is the fees. not just them being high from time to time (although that is also a downside) but them going up during spikes. it creates bad experience. imagine paying with the recommended fee then suddenly there is a spike and your fee is no longer high enough. it has happened to me multiple times and at most i had to bump the fee 3 times to get it to confirm after making a trade. and that turns people away and that little percentage i mentioned above also joins the other percentage in holding as an investment instead.
We certainly need more adoption of BTC, that's for sure. When I see the whole Crypto marketcap for the last two years still sitting under 300 Billion USD, that is a very small market compared to other financial markets. So I agree that we have a long way to go yet. I am trying to educate my family into using Bitcoin and so far it's only myself and my father who actually use and hold BTC. I am the only member of my family that lives on the Blockchain and I live entirely from Bitcoin as my salary form my main job is paid to me in BTC. The more people enter the Bitcoin market, the more popular it will become to use and more merchants will adopt it. |
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I was looking into ELROND today to potentially invest and the project indeed looks really promising. I watched a video with one of the Founders that convinced me to start preparing to buy a bag. I am not sure if this entry point is good though as it has already 3 x from the low, but looking at the fact that there are only a couple of weeks to mainnet launch and staking, it could still be a good time to purchase a bag. The use case I like best is the simplicity of use that they are building to make it go mainstream and allow non techies to be able to use it, especially in the DEFI space where older people have more money aside to 'invest'. I joined both the telegram price/trading chat and main ELROND group, so look forward to becoming a part of the community there too. Im waiting for dip I bought a bag yesterday at 38 sats and today at around 43 but now it has been jumping higher. I think I might have gotten in on the high but it then reached over 50 sats today so it might be retracing a little bit before it heads up again. Now Travala, the crypto company for travel is accepting ERD as a method of payment to book a flight or hotel it is listing on it's site so the whales now can travel around and pay in ERD, which is quite nice. I only have a small bag of 50k ERD, but who knows, one day it might be valuable enough to use for a holiday. I plan to stake the bag soon. |
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Just like other currencies are still tied to the USD DOLLAR, in FIAT markets, the same with Crypto markets, we have BTC and Alts stuck and tied together in more ways than one. Yes some small cap coins may decouple from Bitcoin for a time, but with Binance and other companies bringing in margin trading for every coin that moons once, then I think it's highly unlikely this will happen, unless we get mass adoption and more money and people involved in Crypto. So for now we have to just watch the markets play out with Bitcoin as King and the rest of the Alts sitting as it's Subjects.
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A lof of fear in the ZIL markets started from yesterday when Binance decided to start 50 x leverage margin trading on Zilliqa which didn't have a good response from the community, hence the big short on Zil today. I am not selling my Zil position as I am buying long term and bought more Zil in the DIP today. I do believe though we need more cash in the crypto markets now and with further development by the Zilliqa team, we should see a long term organic trajectory upwards. At the moment it's just pump and dump groups going around from coin to coin shilling then dumping their bags on newbies that is spoiling the show. We need more serious investors in the game to bring the value up in good long term projects like Zil.
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Thank you for the list and I do hope you will continue to check and update this list regularly as I have friends as well who like to do bounties now and then. I saw one or two I am interested in and maybe will join one when I finish the campaign I am in, which I think is a very good one as well, as DEFI now is huge. ARCS looks pretty good and that ETH one as well as it is rare to be paid in ETH or BTC anymore for bounties. It's hard to find good projects, but when they do pop, it's worth the effort, that's for sure.
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