I believe that metaverse hype isn't over since many metaverse projects haven't completed yet, 99% of them are on BETA phase, what do you think?
Metaverse is a very broad term and it is not restricted to cryptocurrency. It has more than a gaming world and is more broadly like VR etc. Even if you don't connect cryptocurrency with Metaverse, financial incentives with Metaverse, it is still a very young industry and need more time to develop and grow. Beta phase or official launch and run, it must have good finance and motivation behind. Motivation is something people are ready to explore, to play without financial incentives. Finance means the economy should be strong and sustainable. VR, arts, graphics are only components on top of Metaverse, not foundations. |
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Thats the difference. Justin has way more than deep pocket than Do Kwon and he can able to generate funds to fight backs those trying to pull him down. Its a long way to go to beat down tron, and I assume they will strive even for a longer term. Just that this system has loophole and they should be very careful. Also reminding the investors to not go all in with the sweet apr they are seeing now.
Being richer and have more money in pocket are not helpful if he does not intend to save USDD and TRON. Do Kwon made a bad decision to choose one and leave another die and what he chose is simply a serious mistake. If he chose $LUNA, he should save it rather than kill both tokens. Terra Foundation Guard used their reserved to save UST and failed. In the end, they lost most of money and can not save anything. Justin Sun from beginning of the USDD de-peg crisis chose a good way to handle it. Spend money and try to handle the crisis. At least now we can see USDD gradually reclaims its peg. It is supported by general market too. Personally I still feel unsafe with algorithm stable coin, not only USDD. We don't know how bad the market will be and company can not make over collaterization forever. It has limited capital in pocket. |
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Not to be a hater but Justin Sun is really a pro ponzi scheme artist. The introduction of USDD is timely aftet the downfall of UST meaning he just want to show off that with this move, he can overruled the fear by other investors on what happened on its fate. But literally challenged the system for what? People fomoing and mostly USDD supply probably is on his disposal.
It will take some time before it happened to tron, but if Justin will be careless like Do Kwon, its not impossible especially there are lots of whale hate Justin Sun.
We can not ask for decentralization in TRON and USDD at least now. At least so far, Justin Sun has better reserve for his USDD stable coin. He did not sacrifice TRON to save USDD. That is different than Do Kwon as he sacrificed $LUNA to save $UST. When both died, he changed his mind and say Terra is more than $UST. I can not believe in this guy. I would steer clear from any algorithmic stablecoin as they're prone to failure. Only collaterized and regulated stablecoins like USDC and BUSD have a future. Tether claims to be regulated, but its quite shady in its disclosure of USD holdings. Fortunately, regulators will be weighting into the stablecoin industry to minimize scams/frauds as much as possible. Who knows if this becomes the time for the cleansing of the crypto market? Just my opinion  Algorithm stable coins are very risky. From their algorithm and from the concept to back a stablecoin by a very volatile asset. That is unrealistic. If you want to make a reserve to back a stable coin, the asset you use to back it should be a stable one. The best is US dollar because the mission of a stable coin is its peg 1:1 against US dollar. Best asset in reserve should be US dollar, not any thing else. Even gold is unstable and can not be considered as a safe backing asset in reserve and collateral. |
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Why do you have to mind "best time of day to buy Bitcoin"? Daily trading is bad as you will lose your mind with market changes. Dollar Cost Averaging is good and with it, you don't have to mind price change in a few days, few months. Therefore best time of day to buy Bitcoin is not a solid question. The website unbanked.com looks informative and I will find some informative articles to read. Thanks for sharing. In return, I share https://dcabtc.com/ |
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Sandbox is one of biggest Metaverse projects and Facebook rebranded to Meta as they changed their products to Metaverse. It makes sense to see Meta acquired Sandbox and add it into their ecosystem. According to Coinmarketcap, Sandbox is the third biggest Metaverse project but difference between Sandbox and two projects above: Decentraland and ApeCoin is not too big. They can flip over two projects and take the first position anytime in the Metaverse category. The rumor will heat up Sandbox and Meta on social media and will impact their prices on crypto and stock markets. |
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A lot depends on the print run of the new NFT. It is this ratio between the number of new NFT and the number of people willing to purchase it that will determine its value. I don't know how many Binance will print them, but I can say for sure that the number of people who want to buy it will be very large, given the number of Cristiano Ronaldo fnats around the world.
Cristiano is one of influencers but he cooperates with Binance that is a big name in cryptocurrency industry. Binance has good platform, good reputation and very creative with development, marketing strategies. Binance creates good products that contribute real valuable things for society. They create values not create something get hype in short term and run with money. When you build products, you should build strong ones that can last with time. Cristiano is one of people will help Binance spreads their products to more people globally. NFT is one of Binance products and their parnership with Cristiano will not only help Binance NFT but also other products built by Binance. |
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I invested in ethereum when it was $700 in 2020 and in 2021 when it was $4000 I sold it. I just bought again now that the value has reduced. I still trust that it will increase rapidly soon.
You are genius newbie. I congratulate for your big profit honestly. When I was a newbie, I believed Bitcoin will rise to $100k and did not sell it in 2017 so you actually are better than me, knew where is peak to take profit and did not hope too high. My trusted altcoins: Ethereum, BNB, Dogecoin and the gold token (the signature I wear). Gold token is backed by real physical gold bars in vaults (Bullion Stars in Singapore). |
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sure I can see that blockchain tech is good and will change the world but...
in my opinion unfortunately BTC exactly same as first old web applications like first email will be replaced by faster, cheaper and better chains, web3 applications that are existing already and each day there are new and better once created
in my opinion BTC is not a safe heaven or digital gold and never was this is another attempt to find any use case for it but market and price show the facts
Bitcoin is still a speculative asset but there are different use cases for Bitcoin. Speculators will consider it as speculative, investors will consider it as store of value, traders consider it as nothing, just a figure to buy and sell in order to get profit as they hope. But if blockchain technology is the one will be here, will change the world like Internet, Bitcoin will be here too. It is like a heroic legendary icon of blockchain and crypto market. I hope I am not wrong about it. hope I am wrong
I hope you are wrong
Gold is proven as a safe heaven for human. We don't need this recession to prove it again. |
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They both don't require KYC.
I don't like FTX with their UI and on FTX, you will have less trading pairs than on Kucoin exchange.
Kucoin exchange has better UI than FTX but they don't waive fee like FTX did when transaction fee on Ethereum network was very high last year. I did not check but I guess you will have lower trading fee and withdrawal fee on FTX.
I choose Kucoin because of their UI, more trading pair. I think a little bit cheaper fee does not a problem with me, and not is a reason why I have to use FTX.
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In this forum, you can get very high quality feedback for your mixer. Many members are members of a big campaign (I don't name it here because I know they are competitor of your service), and they can give you good feedback to improve your mixers.
No service is perfect after an initial launch so let's be opened with feedback and take good ones for your team's to-do list.
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Solend a decentralized loan project build on solana network almost create what could have been another sad story in the development of crypto currencies but wisdom from solana government and voters safe the day. We could have had the same story of Luna in our hand if not decisions to stop whales from dumping. Good one from solana team.
It will recover but the bear market will continue. I don't say Solana will not reclaim $100 or $200 in next bull market but I think it will be wiser and better if you sell it in a peak of this recovery. And you can wait a bear market goes, you will have lower price to buy Solana. And you can hold it, back to your holding plan. I don't tell you that you should leave it forever, just temporarily exit and wait for discount to buy it back. |
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Last but not least, miners will have more pressure to sell their Bitcoin that they received from mining recently. They sell it but they have yet capitulated. We must see a worse market and long period of unprofitable for miners to see capitulation.
When they can not cover their electricity mining cost, bank calls if they borrow to buy ASIC and some physical things to set up and mine Bitcoin, they will have to capitulate. Capitulation will appear before a new market. Market can not complete a bearish phase if most of people and miners are still healthy, feel positive and hopefully about the market.
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this is hard to say for me as an crypto enthusiast but also BTC lost their latest digital gold, safe haven rhetoric
that can change the crypto market and give a chance to projects like GOLD token
Hard to say but nothing is bad. Bitcoin and gold will be asset as store of value. Sometimes people like gold more than Bitcoin. Sometimes Bitcoin is a more favorite asset. It does not change how people use Bitcoin and gold, how they like it. Bitcoin and gold token have fingers cross by blockchain technology. Do you see it is good? |
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it's never too late if you keep building
I think they'll be fine longterm
oh, you meant the revenue on Katana? this is just a small part of their revenue, they make a lot more money from marketplace fees, and they have a huge warchest to keep building through the bear now.
They will survive, I did not wrote they will die. However, survive and be able to recover are different. Recover and reclaim all time high are different. I know the Sky Marvis and Axie Infinity are very strong and they are genius. They built it up from last bear market and they can build up something in this bear market too. I believe if they can build a new successful product that moves out of Play to Earn, they will be able to reclaim their all time high. It is not easy. |
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Afford loses and don't hope too high with any result or compensation from legal actions.
They already lost capital and should accept it, keep moving. If they keep their hope very high because there are efforts to sue attackers or Terra team, they will not ready to work, learn from mistake and restart a new chapter in their lives. What will happen if legal action ends with nothing, no compensation at all, they will fall into hell of disappointment again.
Don't let your pain last too long, accept it and keep going.
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Crypto projects are open source, most of them are. You can not restrict others to not copy and use your source code. Because of this, we have lot of forks, Bitcoin forks, Ethereum forks, Cardano forks and many copy cats since 2020. How Many Bitcoin Forks Are There? You will be surprised!!!I can not find forks that can have bigger communities, higher values than original projects. |
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You can follow them, read their tweets, watch their lives and read their articles/ blogs but if you invest because of influential people, you will get rekted some day. To invest successfully in crypto market, you need more than opinion from influential people. You must learn and prepare knowledge for yourself. Investment decisions should be made from your knowledge, your research and your carefully consideration. Even so, you will get lot of losses from your investment. I think the odds between successful and failed investment is 20/80 or even smaller. If you only invest in Bitcoin and has ability hold it more than 4 years, you will succeed. https://hodl.camp/ |
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Over collateral does not help in USDD case. It is not something like forced liquidation. The issue with USDD and other stable coins is trust and fear of investors. When investors are fearful, they will exit and cause bank-runs. Collateral can not save you from bank run that will be stopped only if investors get rid of their fear.
The response to over collaterize USDD can help to calm down investors but so far, this sort of effect is not clear. Let's see.
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Leveraging is bad if you use it uncontrollable in a volatile market like crypto market.
Answering your question, DeFi will still be here and trusted or not, it depends on each DeFi project. You can not judge it generally.
Bitcoin is good for everyone but there are scam projects that have Bitcoin as one of their payment methods.
DeFi is good but there are scam projects with DeFi concept. Some DeFi projects collapse not because they are scam. It's because they are bad with risk and finance management. Bad management is not scam.
Bitcoin, blockchain, cryptocurrency, DeFi will be here. They will be changed to be better but they will not going anywhere.
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Dogecoin is stable.  A general trend in altcoin market is they don't change too much not because they are stable. It is more likely because they already fall too much and want to bounce back from their deep bottoms. They are hanging and fluctuating to wait for Bitcoin short squeeze. Altcoins will rise after Bitcoin stop falling and start its recovery. When will Bitcoin stop falling and start to recover? I don't know. We are only jumping in early of a bear market. |
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