The drawback of Centralized projects in crypto space (CEFI) is fear of hacks, wallet address on top exchanges like binance aren't ours, we don't control the keys, so it's safer to always move funds back to your own private wallet but the DeFi ideas are different, you don't have to trust any entities but the DeFi Code itself but still any flaws in the system may bring huge damage, honestly what can you trust here?
Today DeFi projects are now hackers bedsheet, they sleep on DeFi projects like it's nothing, hack here and there, will you still trust DeFi code or rely on CeFi ?
I don't think the answer to this question will make any changes, all of those codes are all written by a human, so you will still need to trust the man who makes the codes. The difference is that codes will not likely to make an error, while a human will. But after all as like you said, those codes will still might be manipulated by another human. So, in this case, I don't think you should trust anyone other than yourself, your research and always be careful handling your money and investment. |
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In each of these cases, the new brand name was chosen in accordance with the development goals. The same thing happened with Libra, whose name change is explained by the fact that "Diem" - means a new day for the project. But I still have a question: why did the Association leave the same logo when changing its name? Exactly, the same question comes to my mind, if they want to rebrand, just the name won't make a big difference. Besides the concept of the projects is still the same if they keep the same logo they only do half-rebranding. |
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Looking at how the bitcoin is still in Bullish, I think its worth it.
But it will be very depends on the person, for me personally I prefer staking rather than trading since I dont have the time to watch the chart all day. But, considering the staking duration which could take up to 1 year, I think I would need to think several times.
As long as you use idle funds to buy the ether, it will not be a big problem.
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I don't think you can get scammed by airdrop, its literally free coin. If it's not free like you said, or you need to buy on ICO or anything then it's not an airdrop, it's a bonus. And if an airdrop required you to do some task it's also not an airdrop it's bounty campaign. And if a project said they held an airdrop but it's not actually an airdrop, then no-one should trust that project.
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That's true that nobody will 'invest' in Libra when it launched, but it's not like Libra need investment either. Facebook doesn't make Libra for investment purposes, they make it as a payment method in the facebook.inc platform like Facebook, WhatsApp and Instagram. So that people not only can list their product on the platform but also do the transaction directly in the platform. Though, you are able to invest or speculate in Libra, I don't think that invest or speculate in a coin that is very centralized and controlled by a single entity is a wise choice.
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I don't know what project you are talking about, I do agree that mobile wallet is very important, but from what I see at least in this year, most -if not all- of projects already provide mobile wallet, either for Android or iOS. My concern is that some of their wallet can only be downloaded on directly from the website, and it is not listed in playstore/appstore, where we can assure that their wallet is not containing any malicious program.
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I don't think it's the 'whale', most of the time its either the team/project itself or a third party paid by the project. It's not a new thing, even in conventional investment business this kind of thing happened. A project creates hype manipulating market, buy all their initially cheap coins, and then ask 3rd party to sell at a higher price, and buy that too. Bragging about their skyrocketing price pump, and when more people buy their coin, they will just cashout and leave.
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The XRP bullish is mainly caused by the airdrop, some people want free coins the use that event to speculate, both of those groups will sell the XRP coin again after the airdrop ends. I didn't say that the price will go back to $0.25 but at least there will correction. And it will also depend on how long bitcoin will keep this bullish trend if Bitcoin fall XRP will be likely to drop. Thoug XRP is a good project generally, I don't think $10 is a reasonable price for next year.
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Is Uniswap a good place for the new tokens? Yes absolutely, most of the new projects spend hundreds of thousands dollar just to be listed on a popular exchange, but with Uniswap they can save some money. Among other DEX Uniswap is definitely the best one, their trading volume proof that, the token listed also got liquidity. Not all project have tons of capital when they start, Uniswap can help them before they got listed in big exchange like Binance.
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Bitcoin surpass the All Time High on 30 November, and we already saw some altcoins following the price trend.
There might be a new all time high for some altcoins that have their own hype, like ETH 2.0 and XRP Spark. But, I think those price wont last long, a slight correction on BTC will affect the price, just like always.
At the time like this, we should always be carefull to not going FOMO.
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It will be more convincing if you also post your analytic that makes you say this thing, so people can start a discussion. I don't think any top 100 cryptos can go to 5x or even 3x next year. 2x maybe but even that will be very difficult. With pandemic and the global economic crisis the world about to face, I don't think any coin could gain 3 times price.
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There is the same rule in all kinds of investment based business when a project or people offer something that is too good to be true, you need to be suspicious, it most likely scam. But since the raising of IEO I think it is easier to pick crypto investment. Just invest in a project that launch IEO on big Exchange, it less likely to be a scam.
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In this forum you can check the Altcoin Announcement section, there are dozens of project introduced every weeks. For other sources, you can surf on the crypto/blockchain news site, like coindesk, cointelegraph, etc. |
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It's not publicly launched yet, you may be able to purchase it once it's publicly released, they say it's on early 2021 https://www.coindesk.com/facebook-libra-stablecoin-january-2021. If you are talking about ICO or IEO they don't have that, they have their own private investors. It's Facebook anyway so they already have trust from Big investors, and won't need small investors. All that being said, I don't think I would buy (in term of invest) this coin since it's controlled by Facebook. |
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I don't think it's going to be Blockchain or anything similar to cryptocurrency/stablecoin. I think they will build it outside that so that they can still control the currency in the internet. CBDC aim is to just replace coins or banknotes or at least make an option to use money digitally.
If they actually make cryptocurrency, it will still be on blockchain kinds of platform, the difference is that it won't be decentralized. It will be very centralized where Central Banks control most (or even all) of the nodes, and most of the coin. Take Ripple for example before their separation with XRP, and even now they own approximately 90% of the total supply of XRP. I think more or less, that's how CB works when or if they actually issue a crypto. |
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was wondering if this website was legit
also i have some atri coins but there not listed in my MEW wallet why is this has been 4 hours since the transaction they show up on the etheruem explorer but not in the wallet any suggestions?
I only have used etherflyer once, and it went smoothly. and you need to add your token manually, you need to find your token in the etherscan and copy their contract address and decimal value, then paste it to the 'Custom Token' menu on MEW |
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Obviously, I prefer full freedom in this forum, but there is nothing wrong to make any kind of petition.
Now, as part of my freedom, I want to make a petition to stop people from making a petition.
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Submitting my 1st entry, good luck for everyone userID = b5f409fe-325d-547a-811b-4546ef735405  I know I do not keep the Duelbits's theme, but I can't help it, the logo really just suit the pixelated style.
Click on the image if you want to check the HD resolution |
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