I knew this day will come, finally CZ changes the rules on coinmarketcap, now all projects are ranked with Liquidity, good bye to fake volume, have anyone else noticed this already?
You wrote new protects what I understood like coins. But you talk about exchanges. Exchange is never called a project in crypto. To me exchanges are ranked by Web Traffic Factor and not liquidity. I never actually check exchanges ratings on CMC. Sometimes check pairs they have and volume That is all. |
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Fiat is a Digital currency without Value
Everything has a value. Some things have so low value that is close to zero. Value gets set on the market by supply and demand. Things with low value have big supply and low demand for it. Things with high value have low supply and demand for it. Fiat have value as anything else. |
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If Recession Kicks In, How Will Bitcoin Perform?
It will crash then slowly recover. Just like Gold. Stocks will recover way more slow. For Bitcoin will be just a normal time as it happened for years. It does sound like there is no difference to old assets. I think its true that BTC price may drop but eventually go back up again. I think BTC is going to be widely used because of the pandemic that's plaguing us right now. These days it is encouraged to use cashless transactions and although we haven't yet adopted BTC, we are already heading that direction. It's just a matter of time til we realize this current cashless system we use today is way problematic than using blockchain. I think you are to optimistic. Covid-19 come few years to early for something like that. Bitcoin is not ready to be main payment system. So as none of the alts. Or all of them together. People definitely start to avoid cash. Also they shop more online. Move will be positive but we will not see a major landslide. |
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If Recession Kicks In, How Will Bitcoin Perform?
It will crash then slowly recover. Just like Gold. Stocks will recover way more slow. For Bitcoin will be just a normal time as it happened for years. |
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My requirements:
1. I must be able to control the private key/seed phrase
2. The wallet must be from a trusted source
Why you want to trust a source if you can use open source wallets where all code is visible to you and billion other people to see and check for backdoor? No need for trusted sources ever when you can trust the math. I believe neither of these two wallets are open source. |
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What's everyones take on this? As an example games like https://f1deltatime.com/ where you can start earning from staking your non fungible tokens? Developer is also releasing their own token that will be usable in their different gaming/collectible platforms and later listed in to exchange. Some of their NFTs have sold for over 100K USD so seems interesting. If sole use case of this token is staking then it sounds more like a ponzi, since will collapse sooner or latter. If there is some other use case that will prove to be used a lot 10 years from now just go for it. |
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Do you? I believe yes, after some years, if more people get into bitcoin, the price will stop somewhere and it will change slowly.
Yes as soon as adoption ends Bitcoin price will be quite stable. Similar to Gold. Gold is not stable. Gold is very stable. In Roman times you were able to buy a armour with one ounce of gold. In beginning of 20 century you were able to buy a business suit with ounce of gold. Today you can buy a designers clothes with an ounce of gold. It simply cant get more stable then gold. |
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Now that there have been talks among central banks in launching their own CBDCs, the fate of crypto could be at stake. Governments wouldn't allow anyone to use alternative currencies in order to enforce the use of national digital currencies (CBDCs). They might believe that decentralized crypto is the threat to the existence of the world's monetary system. Such events haven’t happened yet because central banks are still attached to physical cash. Once they're able to "be in par" with crypto, they might do anything at their disposal to prevent people in the mainstream world from using cryptocurrencies like Bitcoin and Ethereum. What are thoughts? Do you believe that at some point in the future, CBDCs could defeat crypto? Or will CBDCs co-exist with decentralized cryptocurrencies for the foreseeable future?  It all depends what they will build. If they will fork Bitcoin or better Monero, teen why not? Originals will have more network synergy, but a strong central bank like FED can advertise their coins more. But as yourself why would they want to make that? Those that made Bitcoin or Monero did not gained anything, since they were fair launched. There is no incentive for any central bank to make a permissionless decentralised cryptocurrency. They will make a centralised digital coin. Something like tether or other stable coins. |
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When will ARK came back to the first page of CMC? times are almost ready
If you exclude tokens ARK is ranked 73. Since more and more new projects come to CMC all lose ranks over time even if their marketcap stays same or steadily grow. |
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Polcadot is getting live after almost three years being in the low profile state, while this thread seems to be dead. Let me see if I can revive it. Supported by Web3 Foundation Polcadot may secure the core protocol to integrate and make accessible data from desperate blockchains. Or you think the networks will be running independently and refuse operate together? 3 years s quite a lot time. Only thing I remember was that some ETH from ICO got locked in some smart contract and whole project was endangered because of lack of founds. That was long ago, does anyone know how was that resolved? |
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It takes less than one hour to get your btc into lbc get to the bank get a new bank account, visa and trading options, by when you finished you can have the money instantly by several ways and the btc already confirmed, that excluding any service that might let you buy stocks with crypto, idk where i read about it.
Yes but as soon as you sell your crypto coins into fiat you need to pay capital gains tax. If you would be able to buy stocks with crypto same way as you can buy gold with crypto you would avoid paying capital gain tax. |
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Do you? I believe yes, after some years, if more people get into bitcoin, the price will stop somewhere and it will change slowly.
Yes as soon as adoption ends Bitcoin price will be quite stable. Similar to Gold. |
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ICONOMI (ICN) project was once great back in the ICO days its listed on major exchanges like kraken and as far as I know binance also listed this token. Somehow this project is delisted in most exchanges and now just listed on on thier own like they isolate their token to anyone. They have also create another contract for their token and then move away.
I don't even have any idea what happen to them but I still have some tokens left. Tim use to be active but now can't be found.
It is a security and since it was not started by security rules it cant be on exchanges. ICONOMI still exist. It did not failed. |
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Does Anybody know a crypto project that is really great but failed to materialize? I'd like to see one in your comment.
BipCoin. It was like namecoin just a Monero fork. Sadly was not that much interest of community to further push the project.  |
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Cash has nothing to do with banks. Banks do loans or better banks link those that need money and those that have it on store. More then half worlds population dont have this option.
Cash is fine if you deal close by. If you deal over some distance people mainly use some banking solution payments and that takes time.
No, the Bitcoin is digital. It can only secure digital asset and they have most problems with copies. Bitcoin will not solve counterfeit of food, shelter, clean water, and clothes.
So "the GDP will grow a lot," as you said because transactions occur in a long-distance, a.k.a online payments? And it can secure digital assets, hence removing the counterfeit digital assets? What if there's no (or only a minuscule) digital asset to be secured in the first place if you talk about developing countries. Plus there are fintech companies offering pretty much instant transactions with QR code and even phone number? I definitely did not focus on digital asset in developing countries in any of my repply. This dont lead anywhere if you believe there is no digital asset to be secured. We seems to live in different worlds. |
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It's not okay to mock fat women but somehow it's socially acceptable to make fun of bald men?
Bald men are discriminated against for jobs and are often joked about but it's not like they can control their genetics. Fat people can actually lose the weight.
I am bald but I totally not fell like I would be discriminated in any way. I personally do not like my look, so I maybe self discriminate myself but I dont fell others do. It seems some are attracted to baldness. Not sure why. |
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The Death of the ICO: Has the US SEC Closed the Global Window on New Tokens?
Not at all. They just want that securities gets issued as regulated securities. And not as so in 2018 and before when all ICOs ignored those rules and claimed they are cryptocurrenies or utility coins. Many of them were delisted form exchanges and many more will be delisted in the future. |
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When will Monero 0.16.0.0 Nitrogen Nebula be activate?
Since no hardfork is needed, then it can be used as soon as you upgrade. Hardware wallets and similar businesses probably need to update their software and you will be able to use their services only after some time. Also as with any update dont just jump in and transact your retirement fund over Monero right now, but wait for possible bugs and do that in a week or two. |
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Most people on the world have no access to banks.
Yes, and they use cash. Most people on the world have no access to banks. and this banks will be automated.
Why put a lot of hassle just to automate things if they can simply use cash? With Bitcoin you can use your coins the same hour.
Cash? All digital asset will get tokenised to prevent piracy. Much more that I could not think of.
Will it improve basic needs though? , have pretty much nothing to do with digital assets and privacy. Cash has nothing to do with banks. Banks do loans or better banks link those that need money and those that have it on store. More then half worlds population dont have this option. Cash is fine if you deal close by. If you deal over some distance people mainly use some banking solution payments and that takes time. No, the Bitcoin is digital. It can only secure digital asset and they have most problems with copies. Bitcoin will not solve counterfeit of food, shelter, clean water, and clothes. |
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