I do not think that if the country is facing economic and financial turmoil, launching digital currency is the solution, the better thing to do is reform the economic policy and get rid of things that are harming the economy in Lebanon. |
|
|
|
The you think defi a a threat to the future of centralized finance? What's your opinion?
Technology and especially new disruptive tech is always a threat for traditional rules of business so yes it will challenge both centralized and traditional finance businesses but do not think that it will happen over night because it think it will tale many years before defi can grow that big. |
|
|
|
Hey guys, I just want to share my thoughts today about this, I have always said "bounty hunters are not the ones killing projects", but now I'm having second thoughts about it.
Although it recovered later, but it's not looking good at all, I guess this dump is caused by the bounty hunters because they just keep dumping the token, what about you, what do you think is the cause of this massive dump?
It is common sense that when there will be large number of sellers especially when liquidity, volume or buying orders are low then expect huge dumps. Youc dump was also due to removal of 100k liquidity at uniswap so i think that if this liquidity comes back the price will moon. |
|
|
|
YOUC is one project that suffered a major dumped in the market, some blame it on bounty hunters because the dumped happens on the time that they are distributing their bounty rewards. $0.262419 -98.4% Sep 15, 2020 (about 2 months) it dropped $0.00071726 493.9% Nov 07, 2020 (6 days) Now it past recovering as of this writing $0.00423788 61.5% I'm glad I'm still holding my YOUC and even bought more, YOUC a good example of project recovering from dump because of it's potential What do you think will it recover and even go to the moon?Here is the thread of YOUC dumping discussion. I guess bounty hunters really kill projects I have studied youengine project thoroughly and i am quite impressed they have real revolutionary products for online advertising, they can easily dominate this industry worth trillions of dollars. Also they will launch a wallet, a gaming product plus large userbase will also be able to earn for different activities so i think this project has huge potential. |
|
|
|
After Biden has been declared the winner of the US presidency, there's a lot of uncertainty regarding to crypto's (and the mainstream economy) behavior during the next 4 years. At times, it's been shown that crypto prices move either up or down depending on certain events in the mainstream world. Some people say that in a Democratic administration, the stock market (and crypto too) will experience a constant uptrend in price. Others say the contrary when Republicans are in power. Since 2020 has been filled with uncertainty, anything could happen in the following months. This makes me wonder how will a Biden presidency impact crypto? Will crypto continue to soar towards new heights? Do you think that a Democratic administration will be much more friendly towards the crypto/Blockchain industry in general? Your input will be greatly appreciated. Thanks  I am not from US neither i live there but i have heard many positive things about the new president Joe Biden, he seems to be calm, positive, friendly and a good human being. I am sure when the topic of crypto will be on his table he will not disappoint because there no other option than to support this tech. |
|
|
|
Creating new concepts means increasing the amount of scamming in new ways. I think i had to come back to invest in IEO.
- You know ICO had a lot of success at a time where investors weren’t disappointed, but a few days later a lot of scam ICOs were invented where investors lost a lot of their money.
- In the same way, many projects run by IEO got a lot of response at first but later they did not last long.
Again at this point in the same way Defi has created excitement where investors were smart at first time by making more profits but that is now where the scam scheme has grown and i don't think this concept will matter much anymore.[b/]
I would also vote for IEOs because i trust them more because each project is properly checked for quality and all aspects are assesed before listing on a launchpad especially at the top platforms which makes decision making easy for investors because the reputation of the IEO platform is also at stake so they will make sure no fake project ever raise funds on their platform that is why mostly good projects are listed on top 5 IEO platforms only. |
|
|
|
I have noticed that many of the projects that are there are going up these days. In future we see more pumps as Nowadays there are some events coming up in which we will see that pumping the ground even more
If we talk about today, it looks like that btc and eth are about to break above their recent highs that means new leg up is coming. This also confirms that now we are in a bull trend and we may see many months of bull run from here onwards. |
|
|
|
Yes, this will definitely add new money, new volumes and increase the overall market cap of the crypto market. New mass money will be able to enter crypto in a legal and compliant way which will do wonders for the crypto market. So after paypal activate this service for real i expect market to react positively and bullishly. |
|
|
|
|
Whether covid or no covid, it is simple to accept the fact that blockchain technology, cryptocurrencies and digitalization and automation is the future and it will be used and implemented across all sectors of society for increased efficiency, transparency, cost effectiveness, removal of middle man and automation etc.
|
|
|
|
|
The future belongs to cross-chain, layering and bridging so that even if one is using ethereum network he/she can transfer to and from other blockchains. Similarly if eth faces scalability issues again it can be layered with high performance blockchain network and used as you were using the high capacity chain while staying in eth network. I think these new solutions will make crypto and blockchain a much broader, easier and compliant technology in future.
|
|
|
|
Have you ever wondered why there are so many centralized stablecoins on the market? It's no secret that decentralized stablecoins like DAI and USDJ are the minority in the crypto/Blockchain space. This is bad for the industry, as it makes it no different than the traditional banking system of today. The risk of a single point of failure exists with centralized stablecoins, greatly defeating the purpose of crypto/Blockchain technology. Consider how both USDT and USDC issuers have been freezing (blacklisting) user addresses on the blockchain. While DAI is a better alternative, it lacks the level of adoption of its centralized counterparts. Do you think we need more decentralized stablecoins? What will happen if centralized stablecoin issuers continue to freeze addresses at will? Will people lose confidence on centralized stablecoins? Or will this attract institutional investors and serious traders? Your input will be greatly appreciated. Thanks Yes there are decentralized stablecoins available and more should be encouraged but if we check the stats as far as stablecoins are concerned, traders and investors are satisfied and comfortable with usdt and usdt at the moment. Perhaps because they are available at almost all the major exchanges and platforms even dexes. |
|
|
|
Obviously everyone wants to hold atleast 32 eth because the race for eth 2.0 is ON and i am sure that people who can afford this amount will already be getting ready to atleast get this amount to take advantage of the staking rewards. |
|
|
|
The sudden jump in BTC price has negatively impacted alts markets but I think LINK , XTZ and go coins have already bottomed out. The traders can book huge profit if they buy them at current price.
This cannot be said about all altcoins because every coin is different and unique and also going through different phase of development so it is not that simple but we can say that all the top or reputed alts seem to be bottomed out and next few months seem bullish for them. |
|
|
|
Binance has been a leading force with respect to initial exchange offering (IEO) evidenced by its extraordinary success in raising funds for crypto startupa via its Launchpad. The likes of Gifto, Bread, BitTorent, Fetch.Ai, Celer Network, Elrond, Perlin, Kava, Injective Protocol have successfully met their funding goals via Binance IEO.
My concern, however, is in the performance of its recent IEOs such as thoseof Injective Protocol(INJ) and Axie Infinity (AXS). In the past, investors are often certain of getting almost ×10 of their capital once the token is launched after IEO but these two tokens hardly did ×2 of their IEO price. Does it mean that the Binance Effect is already waning or has weakened?
AXS was sold at $0.1 at IEO price but only breezed to $0.29 briefly while INJ sold at $0.4 managed to hit $1.49 as its brief ATH. These results are unlike Binance's past IEOs which made investors jostle to get in to the launchpad.
Do you think that it the end of Binance IEO has come or the exchange would rediscover its earlier form?
Let me know your opinion.
To be honest the returns are still awesome and not seen anywhere else, i mean where else will you get 200-300% gains just in few days? Yes greed has no end but i think most people need to be grateful and not always complaining. I will consider these returns huge because all other ieos, icos have dumped way below ico prices while only binance projects have been able to show the profitable results consistently. |
|
|
|
I always think when is the right time to buy cryptocurrency and I've thought of several methods for choosing the right time to buy cryptocurrency, that is :
1. buy coin during ICO, IEO or STO;
2. buy when the price down (dump);
3. buy when the project has a good news;
4. buy when the price starts to increase (pump);
5. buy when coin from the project listed on big exchange;
6. buy when the project already has a product.
Then from the methods I have mentioned, which method is the most appropriate to buy cryptocurrency or is there another method that you can suggest to buy cryptocurrency at the right time?
If you are aiming to invest in coins like btc or eth then everytime is right to buy them because they are the real thing, the brands, the representatives of the market and the most legit coins out there. Personally I am super bullish about them, its better to accumulate them from longterm support areas but buying continuously with your extra cash every month will also give you good cost average and benefits after few years. |
|
|
|
No doubt we are inching closer to crypto mass afootion with every passing day now. Many countries have not only allowed but encouraging use of crypto. Some banks in many countries are allowing to buy, sell or exchange crypto. Many big brands are endorsing and encouraging the use of crypto, all these things indicate mass adoption is slowly but surely coming. |
|
|
|
I'm glad I don't end up promoting this bounty project, here are reasons why I don't join the bounty campaign.
1. They tend to use small exchanges for fund raising
2. The team lied that they don't need money, they claimed they are well funded and yet they use small exchanges
3. The project use case isn't a new idea, infact they have too many competitors
4. Upon aiming for small exchanges to raise fund they are giving up too high allocation for bounty hunters, meaning they have no experience about crypto space and their exchanges
5. John mcafee name was tagged to the project banner and they keep sharing it as if John McAfee is all they need to be successful when we know that he is a king of nonsense Hypes.
The title could have been why youengine dumped? Using failed witht he project which has not even launched is not the right thing to do. Even ethereum token fell by around 50% after the tokensale. So let youengine come up with their products and services and also wait for liquidity at uniswap for youc and you will see price recovering. |
|
|
|
I suggest every new projects team should do this if they want to introduce bounty campaigns for their project, doing this will limit the risk for tokens losing huge value because bounty hunters sell their shares.
1. Find good bounty manager
2. Give up only few decent allocation
3. Go for strong exchanges with no fake volume
4. Accept limited participants in your bounty campaigns
5. Introduce phase distributions
The only way for tokens to not lose value could be by paying the bounty hunters in stablecoins and not the project tokens. Secondly, there should not be big discounts or bonuses during tokensale and team should have some buy back and burn strategy. |
|
|
|
Get ready fellas, it looks like 2021 will be the year we've been waiting for since 2017, PayPal CEO, Dan Schulman, disclosed its clients are signing up to be the first to use the company’s crypto services at an alarming rate. PayPal has started to permit 10% of its customer base to buy, sell, and hold Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. What do you think will start happening from here on ? Huge adoption
I do not think we need to name 2017 everytime we want to talk about bull run or parabolic run, I believe we should always be hopeful and positive about the future so maybe we will be getting even bigger run than 2017 this time around and yes paypal can really prove to be big stimulus for new run. |
|
|
|
We have seen series of predictions in the last three months when bitcoin had its last halving. The prices kept rising until two weeks ago.
Now that the prices are falling again, when will the time like 2017 be experienced again in the cryptocurrencies community.
I think only if the market especially btc and eth reaches the previous high levels by the end of this year then the first half of the next year 2021 can really be expected to be parabolic but for that market has to get huge volumes and market cap which is yet to be seen. |
|
|
|
|
Show Posts
