Stable coins are good in a time when you would like to stay in the market but you are waiting for a better price. Example: Bitcoin is falling down, you know it, you exchange BTC for USDT, then wait for a bottom and then you buy back with your USDT. You don´t have to pay fees connected to deposit, withdrawals between crypto and real dollars.
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Two countries are Libra positive but the rest world is sceptic about Libra. If these 2 countries allow Facebook to run Libra in these countries, would this really mean a worldwide payment method?
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Do you still thing that big banks and goverments will allow some company to create an alternative worldwide payment method? That would cause a collapse of traditional system that is full of fraud and dishonesty.
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It is hard to predict where price goes, that is why I am investing no matter the price, the strategy what I am following is called dollar cost averaging. It is a best strategy for long term HODL, recommend toe veryone!
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I would be more realistic, do not expect such returns like in 2017. Why? Because people now have an experience with the situation what happened. They are more cautious about investing in altcoins, they're not that greedy anymore.
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Altcoins are expanding the possible use case of blockchain technology. Do you have revolutionary idea? An idea that is not already represented by some altcoin? Then it makes sense to create a new cryptocurrency.
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I believe that Libra will not be listed on coinmarketcap and other cryptocurrency exchanges because Libra will create a complete ecosystem for their currency. Own exchange, own wallet, own merchants. So it will not be included into market cappitalization.
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Coins with referral systems are ponzi schemes in most cases. Does Bitcoin offer some profit for inviting a new member to the Bitcoin blockchain? No. So that is the power of idea, not power of profit ineterst.
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And do you know that american dollar is the most used currency for such illegal activities. How many people know it? And still they use USD and still is a worldwide accepted currency, so where is the problem?
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I had same idea in 2017, when I spend all my money on altcoins because I thought that Bitcoin is too old and to slow and it will be replaced by better altcoins. But this will never happen, so do not speculate on altcoins. Buy Bitcoin.
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Security tokens were a fiasco. I do not know about any security token that is still alive. All of them weren't even security, they used word security as a buzzword to attract investors.
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99% of them yes, that is a natural development of new ecosystem, just like era around DOT COM bubble. Maybe all of altcoins will not exist in the future because everyday are created mew one.
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Said someone who promotes another project that promise to deliver a cryptocard. Cryptocard doesn't exist and will no exist for a long time, until regulations come and bank accept crypto as a payment.
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That is terrible statistic. I do not understand, when you raise millions of dollars you have problem to pay programmers to code atleast something?
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Binance DEX and Binance chain are two diffrent things. Binance chain is a blockchain, BNB coin is a gas to cover fees on this chain. And Binance DEX is a exchange built on Binance chain.
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Download an offline wallet generator, buy new computer, turn it on while internet is off. Start the program, generate private key, engrave it into the metal plate, go to the garden, kick the hole and put the metal plate there. Then send all your Bitcoins to the address. Thats all. Simple right?
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Money. More money, more happy I am. Especially now in the bull market because more you earn now, bugger possible profit you would have in the future when Bitcoin hits ATH price again.
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So there are 12 words chosen from thousands to recover any wallet.
If you iterate through random word combinations you will eventually generate a wallet that exists, correct?
I know the number of combinations is astronomical. But in theory if you keep generating random phrases, you might eventually stumble upon a wallet holding millions?
Here is the answer for you: https://www.reddit.com/r/CryptoCurrency/comments/4g1228/how_many_bip44_wordlist_combinations_of_12_words/It was said many times that with our classic (non-quantum) computers, it would take billions of years to figure out a specific word combination.
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I am not fan of anonymous cryptocurrencies. Why? Because simply they can be replaced by second layer solution - for example Lightning Network increases the anonymity of Bitcoin. Secondly, governments will 100% ban pure anonymous coins.
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