I think it's too early to say that this bullish trend that we experiencing now is another road to an all-time high. Because we are in the industry that anything can happen in a short span of time.
But let me clarify my position, I'm not against Bitcoin and Ethereum but we should be realistic because it is not 2017 anymore, the market and the investor's behavior has changed already or I must say that they already learn from the mistakes of 2017-2018 Bullish trend.
But still, the recent spike of Bitcoin and Ethereum prices has brought some decent profit for those who have some BTC and Ether holdings in their respective wallets.
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IMO, I would pick the IEO because it's more secure and fair and if it was launch on a trusted and reliable exchange, I'm sure It will be achieved positive results, I have tried a couple of IEO's before but so far only two projects have been luckily chosen to participate which is gives me a decent profit.
It's hard to participate in the IEO because it's like a lottery system if your ticket will be chosen your in but if not You better luck next time. The IDO seems like an IEO but it was launch on a DEX but sounds new to me, while the STO I never try it before, ICO not anymore because I was scammed while participating in it not once but third time.
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I think you're right Mate, Defi hype was slowly faded away because most of the Defi token price is decreasing on day to day basis, and even the Yearn Finance token (YFI) price is also decreasing from its $43K all-time high during September 2020 now it was down to $10K per YFI token, but again it was still expensive it's better to wait in the following days and let us see what will happen to the proud Defi.
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I'm glad I don't end up promoting this bounty project, here are reasons why I don't join the bounty campaign.
1. They tend to use small exchanges for fund raising 2. The team lied that they don't need money, they claimed they are well funded and yet they use small exchanges 3. The project use case isn't a new idea, infact they have too many competitors 4. Upon aiming for small exchanges to raise fund they are giving up too high allocation for bounty hunters, meaning they have no experience about crypto space and their exchanges 5. John mcafee name was tagged to the project banner and they keep sharing it as if John McAfee is all they need to be successful when we know that he is a king of nonsense Hypes.
It's too early to judge the project base on its token price today, I believe it's just temporary because of the bounty payment dumping, Just considered the total supply it was 11Billion so I guess the circulation is not that big to permanently drag the price to the bottom and the project is unique with 4 interfaces in just one App the team is clearly visible and not anonymous it is more transparent compared to many Defi projects out there and it was listed already in multiple exchanges so let the team finished the job, by the way, I was already filled my bag with YouCash tokens because it is cheaper for now.
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Source: my MT4 trading platformIm so excited to see bitcoin break $14000 point and reach $14500. How many bitcoin have you guys already collected? I guess we will soon be on our lambo again lmao. It seems that the election does not have any impact on the price of bitcoin $20000 will be our next target. But I guess we will have a little pull back so as to adjust the price. Higher high and then higher low P/S: Biden only needs other 6 votes to become the next President. Congratulations on the US for your hard work recently Looks impressive but I guess its too early to celebrate with these new highs today at $14500, I'm sure the correction will follow, so after that Bitcoin should break $15K again if that level will breach I think it was the sign to breakout to $20K again thats only my opinion. Regarding the outcome of the US Election, some people said that it can affect the crypto market, But I think it's not because crypto has nothing to do with politics so I believe there's no connection. so stay tuned for the upcoming results by the way Joe Biden is taking the lead so I think we already saw who's the potential winner.
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At first, I feel bad about it, because the crypto exchange that I was used since 2017, has silently infiltrated by scammers and used it as their launchpad, It is clear evidence that in the crypto space you can't trust anyone, even a trusted site like Binance has become a victim. But thanks to the Binance security team for the successful recovery of that stolen funds, it was proven that Binance is really a trusted brand. I hope that it will not happen anymore.
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IMHO, I think it depends on the capability of the exchange platform if it was trusted and reliable and then there is no reason to be afraid because I always doing this since 2017 until now, Luckily there is nothing bad happens, I'm a fully verified user so I was never afraid of these possible scenarios like blocking or locking my account because I have not done any illegal thats why I have nothing to be afraid off by the way the crypto exchange that I was using is a secure platform and also has insurance to cover if something happens thats why it's okay. But let me clear this I'm not leaving all my funds in the exchange wallet only the funds that I was using for daily trading purposes.
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Has anyone experience ETH congestion right now? I am trying to send my USDT20 from Trust Wallet to another one at a suggested fee of 18 gwei, but the process is taking longer than expected. Also, I have received token for my work, but as what I have checked the Etherscan, it’s already more than 8 hours and status still pending on the blockchain, and gas price was 27 gwei.
Is there any way to cancel the Ethereum transaction and restart it by spending higher gas fee? Or is this normal during the congestion period?
I think thats because the gas fees were changing often, thats why your transaction was stuck up hanging, and I've always experienced that kind of situation especially when I was the sender I'm using the ImToken 2.0 wallet thats why I'm only accelerated my first transaction and after a few seconds, it is done Imtoken has an "acceleration" function to make your transaction faster in the event of congestion or sudden rises of gas fees.
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BREAKING: The Reserve Bank of Australia exploring potential use of a digital currency (CBDC) that will be powered by the Ethereum blockchain!
Great news, It seems like the adoption is real and moving forward in all four corners of the globe, I hope it will continue to develop further, and because it involves the Ethereum Network can we expect a pump in the coming days? But to be honest CBDC's are trending nowadays and look's like many countries are already exploring any possibilities about it.
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Is it just me or what? I honestly dislike projects that have anonymous team when the project isn't a privacy Monero kinda thing, even few Privacy tokens have teams that aren't anonymous, shit I just feel like they are hidden for a purposes, some kinda easy getaway? What's your thought about this?
IMHO, I believe that the privacy/anonymity of the project founders must have a limit, and If they dont want to show their true identity, they should assign a trusted representative to act/represent for them, but it should be limited to the projects that have not done any fundraising campaigns or any kind of token offerings, But if the project is doing a fundraising campaign like ICO, IEO, etc. the project team should be known for the sake of transparency.
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I think there is no reason to be excited with that announcement Huawei only supports digital yuan and not Bitcoin and Altcoins it's different on Paypal because they are already supported Bitcoin and altcoins while Huawei is not, digital yuan is CBDC a centralized stablecoin, and it is not beneficial to the crypto market for me Samsung is much better because they include decentralized cryptocurrencies like Bitcoin, Ethereum, etc. so lets put it that way.
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For all promoters which one would you prefer?
1. Project promoters (bounty hunters) should start fighting for themselves, if some projects become successful and still plan to ignore or refuse to pay bounty hunters they should take the fight and spread how untrust able the project can be over the internet.
2. Promoters should face the bounty manager and make him or her strife for promoters rewards
3. Promoters should stop promoting bounty projects that doesn't implement escrow payment
What fighting are you talking about mate? No matter how we fight but still it was useless, take the DigitalBits campaign as an example the fight is not prospered because the bounty hunters are not united, the scam accusation thread has not gained much support from the higher ranks, The DigitalBits team is holding the KYC data of its participants and thats very unfair they dont pay its promoters but look at DigitalBits now they just acting as nothing happens even run a new bounty which called the ambassador program campaign. Escrow payment is already used by some bounty management like Bounty0x, Bounty Detective, etc.but even the bounty payment was escrow if the project did not succeed, or cancel, etc it was the same results thats why bounty campaigns have no guarantee and we should accept that reality.
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Since the very beginning, I was doubtful about that airdrop, "1700 DLRS" but still, I just try it for some reason, But after I have completed all the social media task there were other requirements this time a video post in TikTok after that I thought that was the end then I was wrong because we need to complete 200 posts/comments on CryptoTalk forum so that I can get the DLRS airdrop. the airdrop is quite misleading in my opinion.
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I had a CRPT balance on my MyEtherWallet, so I decided to transfer it to Kucoin.
After making the transfer, I realized that my tokens were in the old contract and were not credited in the exchange. I contacted Kucoin, and they asked me to resend the new CRPT contract.
How do I do that using on MEW?
I think you missed the important announcement mate after the Kucoin hacking incident Crypterium team has initiated a 1:1 CRPT swap in a new smart-contract address, here is the announcement! https://news.crypterium.com/crpt-swap-after-kucoin-hackAnd for that particular reason, there's nothing you can do about it But still swapping procedures were still open for some reason. All details are written in that announcement.
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Yes, I agree with that observation mate, Because I'm also experienced that feeling during 2018, Honestly speaking I'm just only speculating to buy and hold some new altcoins in my portfolio without proper researched and hoping that in 2019 there will be another bull run, but when 2019 arrives most of my holdings are already worthless, but I learned my mistakes now thats why I'm taking extra precaution while buying and holding altcoins and when I see something wrong I immediately sell it to avoid further losses.
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I think it was a part of a bigger plan, that after accepting cryptocurrencies in their payment service, Paypal's next focus is to create its own cryptocurrency and probably in a form of Stablecoin, but I'm not sure about it. if Paypal really wants to create its own cryptocurrency I'm sure it will be published in all major crypto media outlets because Paypal is a popular brand, But until there is no accurate information regarding that possibilities it is better to wait for the official announcement if Paypal really wants to have/create its own cryptocurrency or not.
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I have done it before the so-called (attractive projects) during the ICO crazed in 2017-2018, and it was ended up nothing, But I admired your own little way to minimize the risk by doing some researched about the project before you decide to invest, but sometimes shit still happen no matter how we prepared by doing our own research about the project, in your case "Hiedicoin" is the project that you want to invest, base on your findings I think its good, But what I've noticed is that the first exchange Hiedicoin will be listed? CoinsBit I think with that part I have nothing to say.
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Another Defi mess, why people (investors) dont consider it in the first place before doing such thing as investing, I think they simply trust their money in the unknown developer's Defi project, Because IMO, hiding in anonymity in the name of Decentralization is already a "red flag" unless there is some legitimate and known representative to act on behalf of the anonymous team, The other problem is the unaudited smart-contract function it was also important because how do we know if there is something hidden key in the smart-contract to drain the funds intentionally in the future.
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I think because its a good combination of two top-ranking cryptocurrencies Bitcoin and Ethereum and one popular Stablecoin which is USDT, the trio are the largest markets in the industry, and of course, It has a huge liquidity thats why many traders and investors are choosing it as the base fair for trading. But actually, not just the Bitcoin, Ethereum, and USDT are the most popular coins for traders, it also includes EOS, XRP, Tron, and other Stablecoins as well.
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