Well, I think that was good, but it seems that the promotion it's not intended for Bitcoin. but instead of Cashapp, By the way with or without celebrity help Bitcoin is getting more popular every day so in my opinion, it will help a little.
Bitcoin is a superstar in the Crypto Industry and now Bitcoin started to conquer the real world especially with the current achievements people in my place are suddenly interested in Bitcoin so I believe Bitcoin is already popular now.
|
|
|
Sometimes we see When the BTC High then Alts move slightly. So, what's the correlation of Alts with BTC?
IMHO, I believe not all altcoins will experiencing a rally in this Bullish market trend. As we notice only Ethereum, XRP and some other altcoins are experiencing some traction forward. Let us accept the reality that it's different now compared to the 2017-2018 Bullish market trend. Because today's market growth is considered organic and not artificially induce unlike before so we must continue to watch who knows if there's a twist in 2021.
|
|
|
Is there going to be a correction? Your opinions are greatly appreciated.
Regards
IMHO, I believe the correction in the market will follow shortly, But it will not harsh compared to 2018, by the way, thanks to institutional investors pouring some money into the market particularly in Bitcoin because if there's no new capital was poured into the market we will not see a hot and bullish market that we are experience now.
|
|
|
It was happening again and again? honestly speaking when I read this kind of news, I'm doubting that Defi is just a milking cow of some bad actors. I'm tired of reading about this "stolen drama" Because I believe it is an organized activity in the very beginning. That's, why we can't, blame people/investors to doubt Defi projects because of these "obviously stolen incidents" stories that normally happening today especially in Defi projects.
|
|
|
If you are a regular Twitter user and happen to follow a bunch of influencers or investors, there are high chances that you will have gone through some of the tweets claiming someone has borrowed a loan from bank to just invest into crypto. If not yet, check it here. Well, this is one really interesting topic so I though why not discuss here. What do you think of taking loan(s) to invest in crypto? What's your input? Have any of you done this already? Isn't this crazy? Actually, I did, in 2018 but ended up a disaster because of the bearish market situation at that time. In the year 2018-2019 the Crypto industry is struggling to survive and experiencing the longest bearish market situation in the history of the Crypto industry that sent too much negativity, especially in the new investors. by the way, I think having a loan to invest in cryptocurrencies is not a bad thing as long as you know what you are doing, But for the best we must educate ourselves first about "do's and don't" in crypto before having a loan so that we are all aware of the real crypto situation.
|
|
|
What do you think about Defi's hype this time? Why are people willing to pay such a large fee like that ? IMHO, I believe Defi was already slowing down, thats why it's riskier to invest now in most Defi projects, For that reason, I believe that some investors are just speculating on the Defi project called SpiderDAO just like any other Defi projects in the market there's nothing new about it. by the way, Ethereum gas fees were still high and I experience it when I send some token that was cost me $4 dollars yesterday so technically gas still expensive when you send an ERC20 token.
|
|
|
If he was 19 years old today, it means he was just 14 years old at that time when he bought the 185,000 Monero in 2015 that 185K Monero was already expensive so no doubt he was a rich-kid and become much richer with the current price of Monero $128/Monero it was a huge sum of $23,706,048 today that was easy money, In short, the rich was hit the jackpot.
|
|
|
IMO, All of them has a weakness and flawed because it's not regulated, except IEO because the Initial Exchange offering or IEO if it was done on a reputable and transparent exchange platform like Binance and other reliable exchange, And I believe IEO will survive because it is a more secure and sustainable form of fundraising compared in the most fundraising method that was mentioned above.
|
|
|
Mate that was a personal motive, and does not reflect why Bitcoin is rejected in some countries. For me, the biggest issue/causes why Bitcoin was put on hold/rejected in some countries/territories is because of the regulatory issues/laws while some countries impose the ban on cryptocurrencies in order to protect their financial services/Finance base industry because they know already that Bitcoin and other cryptocurrencies are more efficient compared to the old system that most countries have using. just my opinion!
|
|
|
That was also my question before? But now I understand the reason, each platform has its own fee structures. maybe its a wallet or an exchange, the best thing to do is we must visit first the (Frequently Ask Questions FAQ) section if there is one! so that we can be aware of the most common questions that we need to know. But sometimes if you are in hurry mode, you have an option to set your fees a little bit higher so that your transaction will be picked first which is base on my experiences.
|
|
|
When you don't know what ends a exchange website ( .com .net .io ) there might be a problem, most especially if you are new to the exchange, today I tried to open an account for MXC exchange and because I am not familiar with the exchange I use google to search for info and this is what I found. There are fake links to majority of crypto exchanges, this isn't the first time, when I saw .ai I knew something is wrong and again the second red flag is the Ad, that's an ad link, scammers are advertising their cloned exchanges, be very careful what you seek for mates. That was very common now, in almost popular exchange, to popular crypto wallets, etc. have fake duplicates And the most annoying part was Google tolerated those activities. The proliferation of those fake sites on Google is very alarming and if we are not careful, I'm sure we can be potential victims. thats why we must observe extra precaution while visiting those links just for sure.
|
|
|
Just think If all the countries will make their own cryptocurrencies. Mean if the central banks or the state banks of the countries make their own cryptocurrencies so what will be the situation in cryptocurrencies world.
In my view. 1. If all the countries will make their own cryptocurrencies so it will start a new war between the countries. Like you can see the China USA tension or Iran USA etc. 2. The countries will prefer only their own cryptocurrency and the other will not be involved.
It is according to my mind. If the members have the other opinions so share. And If I am wrong so please guide me.
What do you mean by war? If just the war on innovation will thats bring more opportunity and competitiveness, If every countries central bank will use to create a digital version of their fiat currency I think it cannot affect the crypto industry because CBDC's are just stable coin thats why it cannot directly compete with the decentralized cryptocurrencies like Bitcoin and many others.
|
|
|
In a project everything must be prepared.
1. The team is experienced in technology so their concept will be good if it is experienced. 2. Funds must be prepared because building a project must have funds. Do not rely on funds from the sale of ICO / IEO. It will be difficult if the project does not develop. 3. Products must be prioritized because the project has a goal on the product so this step must take precedence. 4. Good marketing and can build a community with many who are interested in the project. 5. Do not underestimate tokens at the entry into the low exchange because it will anger the investors.
I think your point is good But I believe it is not a guarantee to make any project successful. Because many projects have already achieved that important point that you mentioned, But eventually they are slowly going down. In some instances just compare to other projects that the hype/popularity is present during the first listing they are surviving til now! I think the most effective part is the Marketing and the exchange that it will be listed.
|
|
|
For the holders that read this thread on 2030, how does it feel to consider yourself rich by having only 1 bitcoin? For those that read it on 2020, I have to say nothing but this. Buy. This world-changing project is only 10 years old. Who knows what will happen in the future. So that was it, just a friendly reminder that it's not too late. It's actually too early. It seems that you are certain about your "friendly reminder," By the way 2030 is almost 10 years away, so we dont know yet what will happen in the crypto space, or in our world in that year? and if quantum computing devices will be created I'm sure it will pose a serious problem to bItcoin and all other cryptocurrencies as well because it might easily break the security of Bitcoin and all other cryptocurrencies, so IMO, it's better to consider things before we make any decision so that we can act normally But still Bitcoin is a good candidate for Hodling.
|
|
|
IMO, I think YES! because this fraudulent activity was also happening in the Ethereum smart-contract particularly in some Defi projects and then it's also possible to happen in the Tron smart-contract, I believe it is an issue of transparency and lack of proper smart-contract auditing. Because if it was audited by the reputable smart-contract auditor it will be known that there is some backdoor function that the team can do anything in the smart-contract if they want to.
|
|
|
I think we shouldn't put ourselves into a problem about that Facebook glitch, Because I believe that most of the social media platforms are also experiencing any glitch, and thats normal but regarding Facebook own cryptocurrency which is Libra/Diem I dont think it would be the same because it needs a more stable Blockchain Network to function normally so I believe Facebook will make it happen, that's why let the Facebook team handle the problem.
|
|
|
I been reading some of the threads here and what not and I see people predicating crazy prices in the hundreds for cyrptos (if some of them could even be called that) with billions of coins emitted that run 8 pages deep as if people have no idea how market cap works?
Mate, I understand what you mean, But dont take them seriously they are just speculating about the price of that particular coin/token, But sometimes some of them are not considering things like what you said about the total emission, which is involving the Market Capitalization which is too good to be true or unrealistic. for example, like XRP which has a total supply of almost 100Billion coins and already has 38.739Billion in circulation, someone predicts that the price of XRP could reach $500 which is very impossible, unrealistic and it wouldn't happen even in the future. for me, it's only speculation so let's leave it that way.
|
|
|
IMHO, I believe in decentralization, privacy, and anonymity. But it should be aligned in the world that we live in. Our world has many rules, The government rules/laws are in effect in every country that we live in. That's why as a good and law-abiding citizen, we should follow the rules/laws, and because of that, I think the regulation is not a bad thing as long as it was correctly imposed by our respective governments, Because if our government banned the use of cryptocurrency I think that's not good for us, that's why in my opinion it is better to be regulated than to be banned!
My country has already imposed a partial regulation regarding the use of cryptocurrency and already give a license to crypto-exchange to use our local currency to trade against cryptocurrencies so far there's no problem.
|
|
|
I think we are bound and overcome by our emotional weaknesses in terms of making a decision especially if it was involved in the volatile nature of cryptocurrencies. Like if you are doing trading your emotions holding you back to buy that coin at that price level and after the time is passed the coin that you want to buy was skyrocketed, but its too late and there's nothing you can do about it, the only thing you can do is regret. for me, our emotional weaknesses are the cause that can affect our timely decision in the world of Crypto.
|
|
|
I prefer choosing Binance because I'm using it since 2017, Since that time in 2017, you can trade and withdraw any cryptocurrencies without having done any KYC with a minimum withdrawal limit of 2 BTC daily, for me that was a more user-friendly approach compared to other thriving cryptocurrency exchange today that using KYC issues to prevent you from withdrawing your own money without any warning in the first place so I can't say anymore but for me, Binance is the best and trusted exchange for trading altcoins with no KYC.
|
|
|
|