Bitcoin has a lot of competitors, and some of those are Defi by ETH, then there's chainlink and lastly Polkadot. Those projects are much hype right now and blowing up in terms of demand. So i don't think that anytime soon, will see Bitcoin as main currency used for payments for every services. Honestly, what i think is every Cryptocurrency should be accepted payments.
I don't think some projects from DeFi, chainlink, and polkadot are competitors for bitcoin because bitcoin still leads the market. You can look around at the market what will happen with bitcoin price will happen to with altcoin and the other tokens. But the token mostly following with ethereum price, and ethereum price is following bitcoin price. Perhaps, the stable coins can be used as the payment system as the stable coins' price is not too volatile. I think the customer will not worry about seeing the price up to and down when they want to pay something. Stable coins are issued by third parties and you would have to trust them for not dumping on the market whenever they want, but this isn't the problem with bitcoin as it isn't a centralized cryptocurrency and due to its decentralized nature we don't have to worry about the exit scams as that of other centralized currencies or with the premined ones. So higher are the chances of either bitcoin becoming the widely accepted crypto or a new centralized crypto made by the union of banks or on a per country basis becoming the leading currency of the future.
|
|
|
Definitely, the collision of this pandemic will slam the global economy. Equitable to the lockdown, everything in the country was impenetrable for a lanky duration. Its trauma is unquestionably on the economy. I think it will seize a long period to withstand this confrontation.
There was only a short term slowdown of the economy and stock markets of every country back in March but that too was shortly lived and there was a huge rebound that took back the stock markets on track. Most of the countries have suffered a lot from the lockdowns but the same can't be said about China which is said to be corona free right now or having COVID under control. I guess we won't be able to see the effect of Covid in the short term, but in long term trend there will definitely be a market crash fueled by Covid.
|
|
|
In my opinion, the DeFi concept is good, but the problem is government regulation. The YAM case reminds us that investors still have high expectations of cryptocurrency and I think this is good for the cryptocurrency market climate. But on the other hand, it will also increase investor awareness of new projects that cryptocurrency is an investment with a high level of risk so high vigilance is needed before investing.
People have now become greedy and wherever they see the word DeFi, they think that it is easy money and they invest, but the problem here is that the developers are also rushing with their projects and due to this rush most of the developers aren't running stress tests on their contracts and due to which the bugs still remain and for a project like YAM which holds millions in cryptocurrencies it is a risky move to have even a single bug in the contract as we have already seen lots of exploits to a smart contract because of an unrecognised bug that the team wasn't able to find.
|
|
|
What can we expect? The current administration are friend of china. Its not surprising to see them ignoring or not making it a big deal. Even our own islands are invading by chinese, it seems fine to them. Different from what the president said when he is still running for that position. China is trying to invade everyone around its borders, it have already acquired Tibet and was going towards India in the past month but that conflict is still going on and there is still no result of that conflict. Nepal is now supporting China in its actions on India and it even passed a conflicted map that was acquiring the area of the Indian territory in the Nepal region. So, this has been the policy of china from a very long time to acquire the neighbouring lands and always having border conflicts here and there, they don't even want Hong Kong to become a separate country for which its youth is protesting from a very long period of time.
|
|
|
Most of my bitcoin i spent on casino slots online other then that i used to buy others token that i feel can make a small profit. Its was easy to change bitcoin to fiat these day so when i need a fiat money i just change it and used to buy anything i need. Bitcoin is my life i used bitcoin on my daily basis. its was easy and a great investment also.
If you are converting bitcoin to cash and then using it then how can you say that it is your life and you are using it daily, you are using cash instead of bitcoins. Online casinos are really fun when you are using bitcoins to gamble there as there isn't any KYC norm to withdraw any amount of money when you in whereas in the websites where you have to use cash are always playing with their customers where they are accepting deposits without the customers doing KYC but if they try to withdraw any amount of their own money then they are required to do KYC.
|
|
|
ill try to be honest this time and i will say that btc can fall back to 9k usd . thats more possible than hope'ing for btc to reach 17k usd , that is we expect for short term results but for long term expectations , 17k usd is still possible .
bitcoin already slipped at 11.2k usd but the price hold on and returned , then it falls back a little but not yet to the point that it lay around 9k usd
Bitcoin can retrace the path down to $9k and because of the selling pressure we can see it go even lower to the $8k levels. The chances of the price even getting above $14k is pretty less and I believe there can be a recheck of the resistance now and if that also fails then there would be a dip in the price of bitcoin but not that deep, just a small one and from then onwards for me it will get confirmed that the bull market is over and I have to do a few arrangements to my accounts.
|
|
|
I'd do the same if I were him, it's been almost 2 years so why not taking my profit out of it.
Investors like him could have a target price range and volume, possibly he sees it is reaching his target so he sold it at $12k.
9000x12000 is $108,000,000 upon this basic assumption this is a very huge dumping made, would this also create a huge plunge in bitcoin price? any math geek here?
No, the investor would have thought about this as well, he would either have sold it in chunks or maybe OTC trading, but selling on market would easily make the price crash below $10k pretty easily for some time where the investor could have lost serious money in the process. Hats off to him for accumulating this many bitcoin and making so much profit on top of it, only a few understand the advantages of bitcoin and out of those people only a small percentage of people invest a large portion of their wealth into bitcoin. He came, conquered and left, huge respect for him in the end.
|
|
|
Certainly, patience will be rewarded. That is why those who let patience ignite within me, are currently reaping the benefits. Truthful to say that the crypto market is really stressful and makes people scared of holding but those who fought with the risk of losing, are now winning.
Only a small percentage of people who are not having the guts to hold their coins for a long period of time sell their coins when the market goes slightly up wishing that after they sell their coins the market would magically go down and they would again buy bitcoins back at cheap prices, but this doesn't happen very often and many times those same people would have to buy back the coins at a much higher rate than that they previously sold their coins for. Look at those who brought back their coins above the $15k mark in the previous mega bull run of 2017. At that time they thought it was a wise decision to buy back bitcoins at $15k and sell them again when the price would reach $20k, but that didn't happen and they had to bear huge losses.
|
|
|
#Authentication Post Idena Bitcointalk username : Zackgeno96 Telegram username : @zackgeno96 Wallet address : 0xcf5b89b8f2864897b8ebcc4ca3ceac7ee559750e
|
|
|
Indeed the uniswap madness is getting higher, it's is only proper that investors and everyone looking for quick gain to know, I was even aware of the nexe buyback before they pull the rug,just yesterday another one Riza also did that,so investors should be careful,if you must then do proper research,not just some faceless team,and invest what u can risk.
Not everyone in the trading business knows this kind of things, many are just innocent people who want to invest in a project that can double or maybe make their money 10x or 15x in a matter of a week, so they are actually greedy to invest into these kinds of uniswap listings and without any regulations in place for these kinds of tokens, the developers are also making a bank by scamming people money on these kinds of tokens and they will always try it until there is any regulation in place for the DeFi tokens.
|
|
|
I don't think the listed projects are doing it intentionally. Coins always go up or down especially when there is news or large part of tokens are released. You can't expect teams to stop marketing for that.
The bounty hunters can wait for the price to go up and then sell their tokens, if not then they have to bear that loss and move on to another project. I tend to have the bounties saved up as I don't ever need the bounty money urgently in my life and it is just a hobby that I am following because I am interested in the cryptocurrency area. A lot of people are using the bounties for their day to day living and are dependant on it for earning money, for them, it really hurt a lot to see the price falling after joining a bounty.
|
|
|
As I understand it, stable coins only to store value are not a tool for good investment to get maximum results. if you enter the crypto world you only want to invest in stable coins, the value will not grow.
You only invest in stable coins when you have to either get out of the market or until you decide what is gonna be your next step in a very treacherous market. So there isn't anything to gain by investing in stable coins. My best pick for this year are ETH and LINK, others I don't think are going to perform much better with the bitcoin price going up, once it gets stabilized then I can think of going in other coins that are having promising setup. Other than altcoins we can also invest in DeFi projects which are hot right now and are giving huge return to the investors.
|
|
|
I suppose, whether they accept it or not. A day will come where they'll be force to use it, because fiat losses value whenever banks starts mass printing of new paper money. Which could lead in hyperinflation, like for example during this pandemic. Banks are printing trillions of money per day pumping are stabilizing the economy. But it will only get much worse, stealing the purchasing power of the supply in circulation.
If the world goes to fully digital payment methods then it will be very easy for the governments to print more money, all they will have to do is a single click from the mouse and they can create money supply out of thin air and we would also have to trust them as they are the ones deciding policies n all. So, a future dependant on a decentralized monetary system is going to be way much better than the one in which governments will still be having control over our money and they will be deciding everything in our lives.
|
|
|
Strategy and analysis when relying on emotions and lack of knowledge about market movements will carry over with the flow so that you panic buying to immediately get quick profits, is that the trend now? where everyone wants to immediately get instant profit, but not accompanied by proper analysis ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I guess this is because people are following their investment gurus and they are saying to buy bitcoin now because it is the trend and others are buying maybe because of FOMO and for earning quick profit in this bullish market. Most of these kinds of investors who are buying in this bullish market are gonna get hurt a lot when the market falls and they lose more than 50% of their initial investment, after that, they will never see bitcoin as a get the rich quick opportunity and will definitely do TA before making any entry trade in the market.
|
|
|
I trust USDT but i don't consider it is real USD backed. We use USDT to calculate our assets' value in portfolio. As we know, crypto is not supported by real USD. So, we need to calculate our BTC, ETH and altcoins' value in USDT. It is one of the top 10 coins in crypto markets.
You need to learn again about this issue, Stablecoin is backed by real USD, and it has helped the price of Stablecoin always stabilize in this market. If USDT is not backed by real USD then I believe its price will fluctuate a lot like other altcoins. USDT is not backed by real USD. USDT is just a coin like other coins but it is stable and calculate and consider the value of USD. If anytime you see any rumor about USDT or bad news, you will see the flactuations. So USDT is not backed by real USD. Have you any evidence that USDT is backed by real USD? So how can it be stable for so long and never fluctuate in the price above 1cents or more. previously it was said that USDT was actually backed by real USD that the company holds but it was later denied by the company and the officials said that it is not fully backed by the real USD, but still people believe that it is backed by real USD as it is a stable coin and should be backed by real currency. Personally, I use USDT for keeping my investments in crypto safe when there is an unpredictable market movement going on in the market so as to keep my dollar value constant, other than that I am no supporter of USDT.
|
|
|
I'm not blaming the Oikos project. Actually I don't know what was wrong but still I don't receive my Oikos coins. But I did everything right during submission. I submitted the right wallet address as a website link Tron wallet suggested to me. Even admin didn't warn me, if I submitted the wrong wallet. No distribution Bitwings then now Oikos cons!!
was the distribution problematic with all participants? if so you should already know about those problems, like Bitwings, they are bad, but if you are the only one having problems in the Oikos bounty program, you should ask the bounty manager Bounty manager can provide you with the link of the transaction and from that you can see if your address was included in the transaction or not, if it was included then the funds would have arrived or you must have submitted the wrong wallet address and if your address isn't present in the spreadsheet then you can do a scam accusation if the manager doesn't agree to pay you after you show him the proof of no payment. But until then do your investigation. Up until now I haven't heard any problems with the bounty participants, now this is the phase 2 running of the bounty and this is also going on smoothly.
|
|
|
because maybe the IEO adapts to the token, because if the token has potential, the success rate is high, the price is good and everything will definitely be in a big market like binance. so you understand why p2pb2b is always an IEO option
First reason for this is because it charges very fewer fees as compared to the other popular exchanges and also the KYC rules are pretty simple and esay to complete. Whereas on the major exchanges the teams have to pay a very high commission to the exchange for their token IEO and after that the listing fees is seperate, so it is the obvious reason to choose P2PB2B for the new businesses with very fewer funds to spend in the initial stages of their token, but for those tokens where they have raised tremendous amounts in Pre-IEO phase, they should always choose one of the major exchanges to get listed.
|
|
|
to be honest, I still hold cov (covesting) to 3 this year the price tends to go down the first price of $ 1 is now only reached $ 0.5 I was quite disappointed because prices fell even I think the price of tokens valued at $ 10 it was not until it really frustrates me because the price does not correspond to my expectations.
It can be frustrating when you are holding coins for so much time thinking that their price will rise but the opposite happens and their price falls tremendously or mostly it doesn't reach your desired target. I also am holding many coins in my wallet that were actually being traded on the exchanges but now are just sitting there in my wallet that I can't even trade on any exchange because they got delisted from all the exchanges. It feels pretty bad to have missed that wonderful opportunity and the amount of money that we lost in the process hurts the most.
|
|
|
I just checked the price of Oikos, it has gone up to 0.12 $ and still keep going up. Hopefully until bounty ends, the price will go up 0.3-0.5 $. Surely everyone will get a lot of money from this bounty
Really a good challenge for 0.5$ oks price next step. However I hope everyone hunter will be happy in this bounty OKS. Like one good bounty DIA defi project i missing signature campaign but stay i am happy for participating OKS signature campaign. The price of the DIA has gone up more than 50 times, and that's really a crazy growth in this market. If someone participates in that campaign, they are very happy with it right now. Btw I hope OKS can go up $ 0.2-0.3 by the end of September this year A lot of bounty hunters aren't that lucky, most of them only get a few dollars for participating in a bounty campaign that runs for months and this is actually not a good way to market a project, if the participants aren't getting paid enough then I am sure they won't do a good job in promoting the project. That's the reason why I join bounties where only a small group of people have already joined as more stakes will be rewarded per user which mean more chunk from the reward pool per user.
|
|
|
Be suspicious of any projects that just decide to implement DeFi all of a sudden when DeFi wasn't implemented in the project's features from the beginning, this is nothing but a way to take advantage of DeFi Hypes going on nowadays, if you are a deep crypto fan like myself you should be seeing few old projects that aren't DeFi from birth and start talking about implementing DeFi feature, I'm 100% against this act as it's unclean and dangerous
In the meantime it can be a safe haven for the project to get more fundings and support from the community with which they can improve the features of the project. I have seen a lot of times in the past where a good project was abandoned by the team due to the lack of funds with the team due to which they weren't able to support the project. But the problem is in those cases where scammers try to take advantage of DeFi name and try to scam the community for generating a profit.
|
|
|
|