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Yeah, what if Bitcoin was used in there instead? We wouldn't need all this altcoins in the first place. Although there are some altcoins that are very good, you won't deny that Bitcoin is still the safest of them all. You can't defeat Bitcoin when it comes to investing. When Bitcoin moves, all those altcoins follow. In the end, they all falls down to Bitcoin. Bitcoin can survive alone but altcoins can't.
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I see what your saying. Yes stable coin is one of the best alternative coin out there to change your Bitcoin to fiat. Because of the creation of stable coins, we wouldn't have to worry about exchanging Bitcoin anymore, we wouldn't have to think about our funds losing its value. If you plan to use stable coin, do it because it's a great alternative.
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Let's it depends on the country on how friendly it is. Some countries are banning Bitcoin/cryptocurrency and some are adopting it. Most of the third-world country like the Philippines adopted cryptocurrency easily. With that, there's a company that handles Bitcoins (or what we call a wallet) and it let's you buy a lot of services and product using it. Its name is coins.ph. Because of coins, the accessibility is easier and better where you could say it is user friendly.
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I think wala itong masyadong epekto sa cryptoworld dahil kung titingnan mo, napakaraming exchange ang naglipana sa ngayon. Mayroon mang umalis, may bago naman na susulbong.
Kung yong nasa top10 na exchange na ang umalis, kabahan na tayo dyan gaya ng Binance, napakaraming users ng kanilang platform at kung sila ang magsisirado, marami ring mga user ang magdu-dump. Just my two cents though.
Ayun din ang nasa isip ko. Sa sobrang dami ng exchange dito sa crypto space, halos hindi mo na napapansin yung iba. Halos Binance, coinbase, Poloniex, STEX nga lang pwede na eh. In the first place, bakit pa kasi sila gagawa ng cryptocurrency exchange kung hindi din pala sila mag tatagal. Sa katunayan, mas marami pa nga atang exchange na dumadagdag kaysa sa umaalis. |
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Before I even click the link...Coinmarketcap data?
Bingo, what else!
Now, before anything stupid gets posted here:
Checking the pairs usdt is traded against by volume and exchanges, the first 10 and 19 out of 20 are USTD/BTC.
So...no BTC...no tether!
Second, just because some shady exchanges inflate their trading numbers this doesn't make tether the "world" most preferred cryptocurrency. When tether will have as many shops accepting only tether as bitcoin does, then it will be.
Till then, it's just another shitty stable coin.
And yeah, a website ranked on the 250000 place in the world by traffic is doing 600 million $ in volume.
Legit!!!
That's what I thought so too. There's no way that a shitty stablecoin like that would beat bitcoin in cryptocurrency usage. Like there must be something fishy about it. In my experience, Bitcoin is still the number cryptocurrency that merchants accept. I don't see any tether in most of the shops I know. Even online games accepts Bitcoin now. At this point, we all know that coinmarketcap data is inaccurate. |
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I can see some example on how some games or gaming platforms will use cryptocurrency. As for games, they might use cryptocurrency as a way to pay for in-game purchases as a start. For gaming platforms, they might use it as a way of payment to buy games and such. There might be more uses to it but I think that will be the first step for adoptions in the game industry.
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Depending on the person of what happened to him/her and how he/she used the Bitcoin to ask that question. Investing in Bitcoin is not a mistake, it's your fault for selling the price at a lost. Investing in Bitcoin is not a mistake, it is your fault for investing in a shitcoin that has no value. Mistakes can be made if you did not do a proper research about something. Just like in Bitcoin, people tend to invest in it even without knowing what is it, what happened in the past, and how it is used then cry how about the price when a correction happens.
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for example: prize allocation for a campaign (signature) is around 2,000,000 tokens and if the project only has 1 participant in the campaign (signature) and when the project has been completed or not scammed, is it true that the participant will get the sum of all tokens (signatures)?
or maybe not at all, for other reasons?
In your fantasy world yes, but if we are talking about the reality here, he/she will not. The most scenario that is likely to happen would be the project would just cancel that particular bounty because there's no participants joining. Even if the project is a scam one, they are not that stupid to let one person to just take all the rewards for him/herself. |
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600k is an absurd number to be honest with you. Where did you get that analysis anyway. Even famous analyst wouldn't go in that number. Also, I think that Libra wouldn't have much effect in Bitcoin. I'm seeing bad opinions about it lately and I don't think it will create as much hype. It's like ripple, a centralized coin that is very different from Bitcoin.
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I'm kind of seeing altcoins getting dump this season as Bitcoin halving comes. As reward decrease, the demand for Bitcoin will increase because of the miners which means more investors are going to convert their altcoin to Bitcoin. If Bitcoin were to continue increasing, altcoin might see a more red in the upcoming months. It would be a good time to invest in altcoin to be honest.
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Regulation by the government is nothing but a nuisance to the public. I wouldn't want Bitcoin to be regulated as It will be restricted in some was. Bitcoin is built to be decentralized, to be owned by the masses not the government. Let's say Bitcoin is regulated, what good it will bring to us? will it help lessen the crime, I think no. I think Bitcoin will stay as it is but the movement of the people will be restricted.
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Isn't it great? We can have all those Bitcoins those weak hands sold. That hashrate drop news one of the reason why whales is able to make a move now and those who bought the news will regret it later on.
Although the news of Bakkt is hyped like a madman and died out eventually, in the long run, it will help with the adoption of Bitcoin which will cause the price to increase again.
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quote
This is the reason why GOLD will be able to succeed even in this harsh times. They have transparency, professionalism, the capability to communicate to the community, and is back by actual gold. They have the means in order to make this project a success. |
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No offense, but Reddit does not seem like a trustworthy source of information. There's an image that looks like a screenshot, but it's not clear where was this mage even taken from. The name of the image led me to a possible source, a Russian news portal on cryptocurrencies called Prometheus: https://prometheus.ru/odnoj-iz-prichin-obvala-kursa-bitkoina-mozhet-sluzhit-krupnaya-tranzaktsiya-v-5-3-mlrd/gpy3i6aptoo31/. Looking at the website's design, it could be a screenshot from their data even, but I cannot find anything like it anywhere but on the screenshot. We have no exchange, no transaction ID, no major websites talking about it. Taking all that into consideration, I'd assume it's either a fake or a bug. That's probably the case here. I've done my simple research but I can't seem to find a good source. The media is not talking about it and this is the first time I've noticed this. In the upcoming days, I know media would talk about this and we will see if this is fake or not. I can already read the headline "Fake reddit post cause an uproar". lol |
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"Crumbling" is kind of inappropriate term for the market status right now. All I see is a sudden panic sell from those investors. It's a good move that you do to invest in Bitcoin right now because in my opinion, this is just temporary. Once the people stops panic selling, Bitcoin would see that $10,000 price again. I would say to liquefy your investment, not just BNB and ETH.
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Maybe it's not the Bakkt's fault but those investors who panic sell because of the current issue of hashrate? Because we all know that Bakkt is good news to us all. Although it's not making the price up now, it will gradually help with the adoption of Bitcoin as it helps more people to join cryptocurrency. We just need to be patient and you'll see those greens again.
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They say it's a correlation between the rash rate and the price of Bitcoin today. There's a sudden drop in hashrates resulting into people panicking to sell their Bitcoins. Some say that this is phenomenon where miners turn off their rigs because there's no blocks mine in the span of 2 hours. It will be back to normal soon though and I think those who panic sell will regret selling Bitcoin at a low price.
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ATMs does increase adoption and helps advertise Bitcoin to the public. To be honest, I wouldn't use ATM because anything could happen. I don't want people knowing that I have cryptocurrency in me. There's a lot of news and things going on around that cryptocurrency owners are getting kidnap or something like that. Using ATM risk my security.
Nonetheless, it helps with the adoption in my opinion.
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Or the third option, the team doesn't care about the the project and the price at all. If a project is true to their words and they have the capabilities to finish what they started, they would find ways to prevent the market from going down. Even if the second option is present, a project wouldn't die from it, but most of them die or just exit scam after the first wave.
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