Why suddenly the CBN decide to do it now, the adoption of Bitcoin in the country had been very massive over they years, this is odd.
They wouldn't be doing this without the government backing it though. A glimpse of what could happen in the near future due to the bullrun, it could be like this as well when governments in your country are going to ban transactions to exchanges. They are directed to close accounts when you are identified making transactions.
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This is something similar to the brands that we are using in our daily life. If a famous celebrity endorses this particular product we are enticed to try that product too. These influencers should not abuse their popularity causing some people to ruin their life. Like Elon's influence, some people panic buy something even if it's too late. Being an influencer has a responsibility because your followers can be easily affected by what you do or say.
I don't think that an influencer is always responsible for what happens to their followers. The ones responsible are ourselves. Why if you feel wronged, you blame other people. Is not that choice in your hands. You are the one who decides everything, why should we look for scapegoats for our own behavior. Even choosing an influencer has an impact on you is you. Has he ever asked you to always believe his words? No, no! Accept the risk of every decision we make. We have to think about it carefully. People will find someone to blame when things happen to them but then they will also thank Elon if the price of Doge skyrocket while they hold thousands to millions of the coin. Elon has it all from popularity and wealth, it wouldn't affect him even if doge crashes back to $0.001 this is why doge is a perfect toy for these whales. He made himself popular in every market from stock market to crypto market, he definitely have a huge follower that he consider to run for president.
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Since miners receive 13.7 million fresh new DOGE every day and since I don't expect the current hype last too long, my answer would be somewhere between 2 and 10 million DOGECOIN. I had my days dreaming like you did, but then I've learned about the infinite supply. Maybe I'm wrong. Sometimes I wish to be wrong. However, don't rely on DOGE too heavily for buying as Cyber Truck...
I didn't know that's how the doge work. 13.7 million fresh new DOGE every day will need huge buy orders to fill every day for the price to stick around. Is Elon Musk anyway, the richest man alive and president of Mars. He can buy it all everyday and he can also tweet every day to ensure trend and bullrun for Doge. It's working for Elon. I don't see anyone comparing him to John Macafee.
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I agree, mass adoption is something more useful and open for everyone. Everyone can buy in the market or everywhere just using digital currency. But that will only going to happen if government acknowledge the digital currency and accept it as a part of the financial system.
Some governments in the world have their own regulations and of course they will not be the same. For example, in my country in Indonesia, Bitcoin is only allowed as commodity trading and cannot be used as a means of payment because it is prohibited. Mass adoption will indeed provide benefits and provide more payment options, but the high voting has made several government governments disagree with it and further research is still being carried out. Cryptocurrency and blockchain are becoming revolutionary future technologies that will change the way of transacting in new ways, but all require a process. Mass adoption cannot be done that easily, there is still some research to be done first. With the government involve I'm sure it's not going to be done easily when 3rd party payment method and CBDC also converting coins to digital fiat. What is being presented to us today is going to take part in what is coming in the future. There may be another 3rd party when it comes to buying items on grocery stores and another 3rd party when paying from wallet to bills.
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This hack was not done with private keys, but by disabling 2FA.
So says author of that article, Filip Poutintstev. To quote the title "Unknown Blockchain.com employee is stealing customers funds" but he provides zero evidence of that, just assumptions and nothing else. I don't say that whats written in article is impossible to happen, but still it would be good to provide some evidence for those claims otherwise it;s nothing but a clickbait title. Same thing he did in the article called Reasons to avoid Bitcointalk where he wrote bunch of nonsense and lies. On the other hand, I am not big fan of blockchain.com wallet and I stopped using it some time ago after having a lot of issue with sending/receiving funds. Last time it happened I had to export private key and move my funds to another wallet. It's called logical deduction. The facts are that it's impossible for anyone to do this theft other than Blockchain.com employee, because no one else can disable notifications about 2FA change. Since you brought up the other article, perhaps you can tell which points exactly are false? It's still not 100%, a proof will erase doubts about this. Hacks are not unusual in crypto, you probably have seen it all. If blockchain.com itself will be obligue to investigate, its where the proof must come from. I doubt they will present it here. One thing that is very true though is that online wallets are always not safe. Whoever stole the coins, we don't have the chance of getting it back anymore. The only that we can do is become aware of the danger and not put our coins on online wallet like blockchain.com
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Investing in BTC is a risk already. One day the price can be so high the next day could be different. We are risk taker and if BTC can go high as $100K as they said, we are financially ahead. But the reason why some didn't actually invest in BTC is because the news is telling the public that bitcoin is a scam/Ponzi. If most of them listen to the media who tells BTC is a scam, they are not going regretting it when they learn financial institutions are staking up Bitcoin and they see Elon Musk, one of the richest person in the world supports BTC. It prevents them to become risk taker.
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It's hard to maintain the rank when there are new concepts coming with more use cases. The competition is getting harsher that every developer wants to kill ETH or wants to create a better exchange but they didn't saw what was coming. It's the Defi.
I use to just hold the tokens like TRX, EOS, and Ontology because all these tokens are among the top ones but there's slow climb and Defi stole the show. It's going to be surprising what could surface on top in the next few years, i hope it's not the CBDC stablecoins.
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The mayor has big plans for the city. Once he succeeds through this campaign of his, they may really be able to make it like the big cities and establish big tech companies around them and influence other cities to do the same. He seems to know a lot about bitcoin and its technology that he said he is also keeping an eye out on the bitcoin ecosystem.
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It appears though that most of the coins are rising in price. You can just pick any of the coins and wait for its turn to go for more than 20%. If all of them grow every day you will just wake up one day the price of token you hold is already doubled. ADA seem to be the very recent coin that just pumped. I'm hoping TRX will be an easy target for pump and dump groups since it's much cheaper and I'm also holding a bag of TRX.
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The Uniswap transaction fee is the worse, sometimes it goes up to $70 and the transaction you are about to conduct is just worth $500. If there is just some other token to buy that is worth investing, I wouldn't go for the ERC20 token but it's just that I wanted to profit by holding some. It's making things worse because the Defi tokens can only be bought on Uniswap.
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Try renting on Tronscan instead. Go to your tronlink and then account details where it will bring you to the tronscan details. Contracts needs energy and by getting energy is also freezing TRON in your account so once you are on Tronscan and you are loggedin, go to the resources and click the obtain botton.
Obtan Power and Energy and then the amount of TRON you want to freezeup. You can get those back if you want too as well.
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You could have added a poll to this thread to see a percentage of users who replied to the thread.
Personally, I have not used a prediction tool/app for trading. After years of learning the chart, I think people will just rely on their instinct and just try to value the ones they've predicted. Tradingview will be their go-to app to confirm the trend not the price prediction app.
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It didn't completely dump the price. It's possible that the ones holding still are the ones that tried to buy while the pump is going on and then unaware that it's being dumped they now end up bagging. The XRP team needs a lot of money to make some deal to SEC and one way to get this much money is by manipulating the price, although this is just a theory it's sure that they need a big amount of money to pay SEC.
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Strange that you learn things on Instagram, the videos there are pretty much limited to certain 30 seconds AFAIK. There are more things found on youtube than on Instagram actually, I can stare all day listening to those who speculate the prices of coins on youtube but will still miss the coins that actually moon the first. And its still patience that matters most when you are just up for long term investment. Congrats mr_ROBOTT.
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All defi projects are gradually turning to Binance which has very low shipping costs, if it continues then Ethereum will be abandoned, this is what causes many Ethereum transactions to stall and some miners are profitable at this point, so the exact solution is that all defi projects will be better move to the Binance network, at least it will make the transaction go well for everyone's distribution of funds ..
Binance Chain is a lot more centralized that projects will be more skeptical to move there. If any Ethereum killer that best suited to turn to I think it will be ADA. But seeing there is also a platform like Polkadot, they should first try it there if it fits there. There had been several projects that turn to Binance chain in the past but they are just the ones who wanted to be listed on the main Binance.com exchange. Now they are nowhere to be found.
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When you already profit, it's already a good sign to sell your bag. Don't hold it for too long, there are consequences to it like the price could be dumped by users who hold more coins than you. If you are holding a reputable project though, you have the option to just keep holding until you need money for an emergency. I normally do that later option because I can just think of it like its just there on the wallet while I'm also busy with my dayjob.
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It happens in every country. There is a TV show in my country that talks about money, they talk mostly of Stocks and although they sometimes talk about blockchain, its just pure blockchain and not mentioning BTC nor ETH. I tried to comment on their facebook page about Bitcoin and they deleted it.
Instead of making people learn abiut the new economy for them to have chance of making money, they just divert to local stock market.
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As in every market my philosophy is: buy low, sell high - keep the emotions away - practice sound risk management. If you have these three you're in the right mindset. If you're feeling anxious, greedy, depressed or any kind of extreme emotion - leave and come back tomorrow.
This is probably the right mindset we should have as long term investor, its always going to be buy low sell high. Doing it can be a lot harder when one can't controll emotions and it could take over when the market changes drastically. Because it often happen to me like deciding to sell abruptly, I tend not to watch the markets of the coins I intend to hold for long term particularly the ones I have been staking.
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Mostly are defi projects. There was a recent project but just like OP many investors missed to invest to it because it wasnt hyped so much while its still on the ICO. Name of the project is POOLZ. It might just be what OP is looking for because as holder, you can also stake the token.
Projects today are mostly just listed on Uniswap,mitsmeasy to just do it there and it gives chance for users to earn through liquidity.
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