it's not entirely ethereum's fault. If you look at it thoroughly, it's not just ethereum that at that time it fell more than 50%. ethereum real projects and they have real use, then why would you call them a scam. to me it is unfounded.
indeed in the future ETH has the potential to fall because the current bullrun looks like a bubble. and sooner or later it will explode. but that does not mean when that happens eth will be worthless, there will definitely be a second chance. the same as today.
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in the end Hedera Hashgraph was only an alternative. Ethereum remains the platform of choice. I've seen platforms like Polkadot, Binance smart Chain, Tron and many other Dapps platforms that are trying to undermine the domination of ethereum. but in the end the new project still chose Ethereum. all of that because ethereum has a large community and has been supported by almost all exchanges. Try to see if there is a DEX with a larger volume on another network? no, the biggest DEX (Uniswap) is on the Ethereum platform. and there are many things that other platforms don't have. So regardless of the high cost, ethereum is still the best.
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what about the many cases of hacks that attack Defi, won't this affect the Defi ecosystem in the future. Defi provides financial solutions that traditional platforms do not have, but on the one hand they are very vulnerable. is decentralization worth the risks? this is what I always think about Defi. think decentralization is the solution to existing problems, but they also present new problems. for now I think Defi's future looks sketchy. as long as the defi platform is still haunted by hacks. this won't be good for Defi.
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What if Ethereum is abandoned in the next 10 years? If you look at today there are many Dapps platforms that are better and cheaper than Ethereum. Scalability issues on ethereum are a big concern and let's not forget the high costs. what if ETH 2.0 still can't solve it. won't everyone be looking for a new, better platform? forget about the rising market cap, it's all still dream-like speculation. but ethereum's competitors are there today and ready to challenge ethereum. If Ethereum can't do the best, I think it's hard to stay in the ranks of the best altcoins.
So it's a long way off to think that Ethereum will beat the market capacity of bitcoin in 10 years. because there are still a lot of problems on ethereum.
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I don't know how profitable this project is. but I see a lot of people who are enthusiastic in their presales. some even use a transfer fee of up to 500 gwei just to be able to participate.
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if i am the project owner, i will definitely list it on big exchanges. and I'm sure everyone will think that. So if there are no issues with the terms and my coins can list without a problem, I would go for Binance, Coinbase and bithumb. with these three major exchanges I believe my coin will be in the top 100 crypto with the largest market cap.
these three exchanges have a great level of confidence. their reputation is beyond doubt. so I have no other reason, especially if all was done before I started the ICO / IEO. I will definitely get a large development fund.
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Hey guys, I am wondering what you think of altcoin pump and dump groups ? They are basically a large group of people on discord like this one : https://discord.gg/ugkkmfEQKUAnd they basically decide on an altcoin to pump and they all buy at the same time and then sell for double and make profits... I watched a whole pump and people were making a lot of money lol what's the catch ? thx You still believe in groups like this. Come on you should have realized what it would be like to join a group like this. all of that would only hurt you, groups like that are bullshit. You will regret it if you believe their words.
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Yet i am posting XRP is at 0.7$ and ADA is at 0.17$ so any expert tell me what is next move both coins because i am invest almost 1000$ + 1000$ both expert tell me what i should? i am buy XRP at 0.4$ and ADA at 0.12$
sell and buy again when the price starts to fall again. Even though it's too late to say this, but if at this time you haven't sold it, it's better to stick around. because it is too late to sell, currently the price of XRP and ADA has fallen quite deeply. so be patient to wait until the price starts to rise again. My advice for the future, if you have got a profit of more than 50%, it's better to sell, you can secure your profit if the price suddenly falls.
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Any Big Reason Behind the Big Improvement of XRP. Your Opinion?
No big reason. Ripple is just getting pumped just like every other shitcoins. It has been at stuck at $0.24 for over 1 year so it is due for a pump technically speaking. I took some XRP profits from my spot trade some days ago when it pumped to 40 cents. I took more today after it got to $0.62. For now, people are fomo buying xrp so it will touch at least $1 before going down again. I agree with you. so be careful if you want to buy ripple. Ripple has been around 0.2 $ for a long time. and when the bull trend comes, it's only natural that the ripple is also affected by this trend. and be careful when the ripple price has touched the resistance point, because there may be a sell wave and the price will fall back.
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I do not think so. because to reach ATH bitcoin must go up even higher. if it only relies on Ripple's power alone, it can't break ATH yet. so it depends on the bitcoin trend, if the bitcoin bull trend ends, it's hard for ripple to reach the ATH. and look at the moment bitcoin is still stuck at the price of 18k, so ATH will not be reached in these months.
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I think the impact of 2.0 is still not visible. ethereum rose only because bitcoin has increased. this happened because of the buyback process, to get profit from bitcoin to ethereum. Just look at the rise in ethereum always starts when bitcoin stops moving, so this increase is not due to 2.0. people are already losing their interest because of too much trouble to upate ethereum 2.0.
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Can one still dare to invest in Bitcoin when price is skyrocketing this high? I remember that some invested in Bitcoin at 20,000$ and the whole market started crashing on them, before they could pull out their money it's already too late and till today they haven't recovered their money, is this a good time to get in or it's already too late?
too risky if you want to buy now. the price is quite high. but it's different if you want to buy altcoins like Eth, Ltc, Ripple or even polka dots. when bitcoin stops rising, there will be a flow of funds from bitcoin to altcoin. so there is still hope for altcoins to go up.
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Decentralized exchanges need to take over centralized exchanges in the future, going fully decentralized is what makes more sense around crypto, centralized exchanges can be controlled by the law and government, I heard court is asking users data from centralized exchanges too, just imagine if all exchanges in crypto space are all DEXs, I know that DEX has its flaws too but it's safer than centralized exchanges
as long as transaction fees are still high it is difficult to get people to switch to DEX. just look at how much to pay just to transfer ERC20 tokens, the amount is sometimes not worth what you will get. this is a problem that must be resolved, and added to the many blockchain networks that exist today. it is difficult to create a DEX platform that supports all networks. so CEX remains the best choice today, and DEX is only used as an alternative even in the future.
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soon will end, because now it has entered the overbought point. but I believe the price will not fall, it will start a consolidation. in this situation the altcoins began to move up. but not all altcoins will experience the movement. so we have to be careful if we want to buy altcoins or we will suffer losses.
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no, 2020 is the season for bitcoin. there is no place for altcoins at the moment. as nearly 90% of the altcoins on the market today have no value. so no altseason, no bull for the altcoin market. only the big altcoins can feel the impact of the current bull trend. so if you have altcoins that are less popular better sell, and buy bitcoins. this is much more profitable.
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Bitcoin is not intended for the Dapps platform or smart contracts. Bitcoin was created as a decentralized currency and aims to replace FIAT. so it is impossible if bitcoin has smartcontrac services in the future.
and what if that happened? In my opinion, if Bitcoin had a service like this there would be a lot of noise in the market. this rumor will be used to create a bull market, and will probably double the market cap in just a short time.
then will coins with the same concept die? I don't think so. just look at ethereum, there are many platforms that are better than him but nothing has changed. ethereum is still around and popular.
So if bitcoin had smartcontrac service it would only make the market better. but will not make other popular coins die first.
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I heard about AUDIUS view months ago, its not even from crypto community just a local hip-hop scene promoting their music. Their usecase is not unique and its kinda mainstream just like Soundcloud but better, but they have great grassroot marketing and promotion thats why they can be successful, some people that are using AUDIUS does not even realize they are using crypto project for a while.
For Moozicore I don't necessarily think they have bad fundamental, they just don't bring anything new compared to to other platform.
If you look into other earlier crypto project that related to Music, you can check Viberate, they were very big and attract so many people back then, They offer totallly new Idea about discoering new music, but it slowed down a little bit now. It still have many user base tho,
the only reason why audius is successful is binance. for no other reason, their promotion strategy is the same as any other project, even moozicore does the same thing as audius. but look at the binance effect has the most part. and despite all that, their platform still doesn't have a large number of users. So I don't think it's good yet.
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Reiterating the crowdfunding isn't an option (IEO or others), so once the ICO ends, it'll be over And Yeah, we are moving ahead full-speed with the development regardless of the ICO outcome as we highlighted before It's crazy, but I love the choices you make. it means you don't think much about the funds from the initial investors. whatever you get from the ICO later this project will run according to the roadmap. So the project actually has funding from the start, and the token sale is only used as a way to promote the project. Cmiiw...
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We all know that the price of Ethereum will grow when bitcoin is growing, everyone knows what happened in 2017. When bitcoin hit the price of $17k - $18k then the ethereum price was already over $1k - $1.2k, but now when bitcoin price is $17k but the ethereum price is very difficult to break the $500 price, shouldn't ethereum current price should is $1k
Actually what happened to ethereum?
There is too much competition on the Dapps platform and it's not like in the past when there was only Ethereum. Binance chain, Polkadot, Cardano, Tron, Eos, and many other dapps platforms are better quality than ethereum. this is the reason why when the uptrend returned, ethereum prices did not experience a high enough increase. people are less focused on ethereum, they have started to be attracted to competitors because they have a pretty bright future.
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Polkadot offers better scalability than the ethereum blockchain. It offers relay chain, cross-blockchain features, forkless network, decentralized governance and all these are not available in the ethereum network. Actually, Polkadot offers all the solutions to those problems that the ethereum network can not. So many projects are using the Polkadot network. Do you think Polkadot is really Ethreum killer?
No, polkadot can't kill ethereum yet. Although there are many things ethereum lacks, their platform is hard to beat. ERC20 is currently still the best. But if Polkadot's future performance is the same as today, I think they have a chance to compete. And we must remember that ethereum will definitely not stand idly by as its competitors begin to threaten their popularity.
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