After ChatGPT, artificial intelligence projects gained momentum. In fact, if we were in a bull market, we would see much better results in artificial intelligence projects, but for now, we have seen limited movement. It is not easy to predict the next cryptocurrency craze directly, but it is an undeniable fact that the developments in the real world have a reflection on cryptocurrencies. If we are going to make a prediction, it should be on a rational plane with real life.
There's a lot of "buzz" surrounding ChatGPT, so we should expect a plethora of AI-based tokens in the short term. But remember, not all that glitters is Gold. Around 90% of crypto projects will die because they really have no substance to them. They're only driven by hype. People usually move onto the next big thing in crypto, so projects that are popular now will become history in the future. NFTs are still a trend today, so it's likely the craze will be extended for a little longer. Who knows what else to expect in this wild and crazy world of crypto? Just my thoughts  |
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Tether is a good stable coin and from analysis, it is the most used stable coin in the market. It has a great team and I am holding it because it is built under different giving investors opportunity to buy and hold based on there preferred network. Nothing is wrong with USDT so we can use it and not join anybody that will create fud for it.
You can expect a huge crypto crash in the future if Tether fails. It's current the largest stablecoin in the market. Tether may live on multiple blockchain networks, but the companies' practices are quite shady. You'll never know when Bitfinex won't be able to honor the peg of USDT at some point in the future. There are simply a lot of risks that can't be ignored. As I've said before, people are better off selling their crypto to Fiat instead of converting it to a stablecoin. That's because Fiat is backed by the full faith and credit of the government. The market will ultimately decide stablecoins' fate in the long run. As long as you don't invest more than what you can't afford to lose, there should be nothing to worry about. Just my opinion  |
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So far, there is no reason to think that the US will lose its superpower status in the near future....
The United States is not directly involved in the Russian-Ukrainian war. European countries suffer certain economic losses in the form of an increase in the cost of European products (most of the cost of production is the cost of acquiring hydrocarbons).
However, the United States bears no such economic cost. Many talented European scientists, engineers, programmers in such a situation emigrate to the United States.
This will only strengthen this country economically.
It's going to take decades before the US becomes history. Even as it remains one of the leading superpowers of the world, countries are starting to step away from it by switching to alternative currencies (de-dollarization). American decline is inevitable to say the least. Once the US is no longer a "force to reckon with", China and Russia would have no limitations in their ambitions to conquer the world. It's likely world democracy will fail once this happens. We're talking about a distant future that we might never experience during our lifetime. The world is full of uncertainty right now, so expect the unexpected. Who knows what would be of Taiwan in the long run? Just my thoughts |
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Regulation of crypto after CBDC is created will be a hot topic, and will cause a lot of trouble for many people and raise a lot of questions. I think governments who finally manage to do it, will put a big strain on crypto and its movements and make CBDC a lot more relaxed so that everyone would go towards that instead of trying to work and make the current system better.
I know that CBDC will not be available for many governments for at least years, it is something that they are considering, but governments are slow, they are very large entities which makes them slow so even if they are considering, it will take years for them to do it finally.
Most countries are considering the switch from analog Fiat to digital, so it's likely we'll live in a world dominated by CBDCs in the future. Regulation is inevitable, especially when governments don't want crypto to achieve its full potential. They will force the use of CBDCs among their citizens. After all, CBDCs will enable both governments and central banks to have a full scope over a person's financial activity. It will mark the beginning of the end for privacy with Fiat as we know it. When CBDCs come in, crypto will be there to save the day. Who knows if the launch of CBDCs will result in higher adoption for decentralized cryptocurrencies in the long run? Just my thoughts |
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Everything has a life span and nothing is forever. Maybe Bitcoin will disappear in 100 years because the human race decided that a money system is no longer required because robots have taken over all the work and we do nothing but sit and enjoy the fruits of their labor?
There are countless scenarios in which everything ends. But a lot of them are unrealistic, if you would agree with me....
I think Bitcoin will definitely outlive us. Maybe our great great great grandchildren will witness the end of Bitcoin. Maybe an meteor destroys all life on earth in 1 year. Or maybe we all nuke ourselves out of existance.
Is there a point worrying about unlikely things? No.
So do not worry, Bitcoin is fine.
Bitcoin is just starting to blossom, so don't count on its disappearance anytime soon. We should enjoy it to the fullest during our lifetime. If it has done well for 14 years, then I'm sure it will be fine 50 - 100 years from now. By the time all BTC are mined, there might be a new technology that would render it obsolete. Yet again, Bitcoin's code is open source so it could easily adapt to the new technology if the community wants to. Maybe BTC is immortal just like the Internet? I really don't want to know what will happen in the future, as that would bring much speculation to Bitcoin's life expectancy. The world is evolving at a fast pace, so either Bitcoin changes our society for good (very likely) or it becomes history. As long as decentralization is preserved, nothing else matters. Just my opinion |
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FTX failed as a centralized exchange, do you think people will trust their decentralized exchnage? If they ever decided to come up with a centralized exchange, t will be a big falure. Who will risk thier money for the second time when they scam with their exchange FTX.  It's very unlikely FTX will gain back people's trust after what it did last year. The company could decide to launch a decentralized exchange, but bearing the "FTX" name/brand wouldn't do any help. Maybe doing a rebranding will do the trick? Either way, I think FTX's efforts to help restore its reputation would be nothing but failure. Let's all turn the page, and write a new story with crypto facing new ventures after the collapse of a major exchange. FTX would be nothing but history, just like Mt. Gox in the early days of crypto. As least, we know the revolution won't be going anywhere soon. Who knows if constant failures of centralized exchanges will lead us towards the rise of decentralized exchanges in the crypto/Blockchain space? Just my thoughts |
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The Chinese leadership is now very closely watching the course of hostilities in Ukraine and the assistance provided to Ukraine by the international community. I think that what they see, namely the cohesion of other states to provide all kinds of assistance to Ukraine, greatly weakens the military fervor of China to attack Taiwan. In addition, China is very dependent on technology and trade with the US and European countries. And they perfectly understand what serious sanctions will follow if they decide to attack Taiwan. All this is now being tested in Russia and in the future it may well be applicable to China in the event of such aggression.
Therefore, China is now very cautious in its statements and actions. The intrigue remains over the emergence of information that China may provide military assistance to Russia with drones and artillery shells. If this happens, it will become obvious that China is preparing to attack Taiwan. Most likely, this is a stuffing of the necessary information, and China wants to use it in its multi-way combinations to obtain certain benefits, and not to help Russia in this losing war.
The only way China would be able to freely invade Taiwan is if the US is no longer a superpower. Weakening American influence should make both China and Russia stronger than ever. I think China will carefully plan its moves before "reunifying" itself with Taiwan. The outcome of the Russo-Ukraine war will greatly determine China's ability to proceed as planned. It's predicted the current conflict will end this year, with Ukraine having victory over Russia. If that happens, China will forget about invading Taiwan for a while. The world is a dangerous place, especially when there are a lot of countries with nuclear weapons in their arsenal. It would be of utmost importance for the US to avoid WW3, by contributing to world peace. Otherwise, it will be the end of humanity for good. Who knows what surprises we'll find in the future? Just my opinion |
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A lot will depend on the position of the SEC and if it is recognized that BUCD is a security, then USDT and USDC will also have to register. And most likely they will do it on their own, without waiting for a lawsuit with the SEC. But I do not know what consequences this will have for the crypto market.
If the SEC classifies stablecoins as securities, two things could happen. Either issuing companies comply with securities laws or close up shop for good. Things are getting intense for crypto in the US, so it's likely the last scenario will unfold sooner than later. I think stablecoins would be better denominated in EUR than USD. Only time will tell us if stablecoin issuers will do such change within the not-so-distant future. Honestly, I can't think of a stablecoin you could really trust since they're all issued by a private company. None of them are backed by the government, so there's always the risk of loss. Cashing out to Fiat would be your only option to avoid such risk. I only see stablecoins useful for day trading, not as something you would put your life savings into. The market will decide which stablecoins stay afloat and which ones will fade into oblivion. We already have decentralized cryptocurrencies, so there should be nothing to worry about. Just my thoughts |
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Why didn't you ask about BUSD @OP?
I know that USDT had been under the radar but after SEC's order to Paxos to stop issuing BUSD (that will be stopped from 26th Feb), I believe that most of these pegged stablecoins are nothing but coins that may burst like a bubble and will leave no value in your hands if anything unexpected happens (like what happened with UST stablecoin after its depeg). Don't trust these stablecoins too much and keep withdrawing your funds in your local currency or just buy and hold btc or any altcoin you believe in. I know that it's risky but not to the extent of what could happen when something bad hits against a specific stablecoin.
I think you're referring to algorithmic stablecoins like USDD and UST. Those are prone to failure because they're not really backed by USD reserves. But I cannot say the same about USDT or USDC. These last two are issued by prominent companies in the crypto/Blockchain space. USDC's company (Circle) is regulatory-compliant, so it's likely the stablecoin will last for a really long time. USDT's company also does the same, although some people are skeptical about it due to being unable to prove its USD reserves for the Tether stablecoin. I guess there are a lot more risks tied to a privately-issued stablecoin than a government-backed Fiat currency. To be on the safe side, just sell your crypto to USD instead of converting it to a stablecoin. Regulators are weighting down the industry, so time will tell us what will be the fate of stablecoins as a whole. Just my thoughts |
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https://www.bloomberg.com/news/articles/2023-02-17/binance-holdings-explores-retreat-from-the-us-as-crypto-crackdown-escalateshttps://finance.yahoo.com/news/binance-considers-pulling-back-us-153902920.html?Binance Considers Pulling Back From US Partners as Crypto Crackdown Escalates "The company, which operates the world’s largest crypto exchange, is weighing the retreat after its relationships with a key banking partner and stablecoin issuer ran into trouble amid intense scrutiny from authorities, according to a person familiar with the issue. Binance has been probed by the Securities and Exchange Commission, Commodity Futures Trading Commission, Justice Department and the Internal Revenue Service. Binance Holdings is looking at whether to sever ties with intermediary firms such as banks and services firms and is reassessing venture-capital investments in the US, according to the person, who asked not to be identified discussing details that had not yet been made public. It will consider de-listing tokens from any US-based projects, including Circle’s stablecoin USD Coin, the person said." That's terrible news. I'm not surprised to read about that, especially when the US has been treating crypto with an "iron fist". Too much restrictions will force crypto businesses to close their doors within the country. That means less tax revenue for the US government. It seems the US is doing this to prevent the US Dollar from losing strength in the mainsteam world. After all, it doesn't want the USD being replaced by another currency as the world's reserve currency. The US will eventually lose as the de-dollarization process has already begun. Countries are adopting alternative currencies at a fast pace (like Bitcoin), so it should only be a matter of time before the USD becomes history. The SEC might've gone against centralized crypto staking, but that doesn't mean it won't continue to escalate. They might go after decentralized staking platforms if they deem PoS to be a security. I can see how ETH would face further opposition down the road from the US government. Maybe this would be Europe's opportunity to become the next crypto/Blockchain hub? Just my opinion |
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- Because when you invest in cheap altcoins and the value suddenly increases like what happened to the Shiba Inu, you hit the jackpot and suddenly you become rich if you buy a lot.
It's just that the risk is high, so you need to research carefully before you invest in altcoins, even I gamble on meme coins when I have the extra money in my budget. Because I have nothing to lose and it's only a small amount that can turn into thousands of money.
You have a higher chance of striking it rich by investing into altcoins than investing into Bitcoin itself. That's because altcoins are usually hyped by everyday people. But at the same time, they're an extremely-risky investment due to their highly-unpredictable nature. The first type of altcoins to go all the way down the drain are "meme" coins since they lack real use cases to the mainstream world. Then, others will follow if they're unable to deliver as promised. You can either strike it rich or poor in an instant depending on how your play your cards. People who invest in altcoins are those who missed the Bitcoin train in the early days. There were many stories of early adopters who became rich after BTC went to the moon, so altcoins bring a fresh new opportunity to achieve limitless wealth. I'd diversify my investment into BTC and alts for complete peace of mind. As long as you don't become greedy in the end, nothing should stop you from achieving your dreams in the future. Just my thoughts |
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Taiwan is a major microchip manufacturer. The global microchip shortage will increase, due to such war. I guess that the global electronics industry will suffer losses, but I'm sure that the global economy can adapt and solve this issue. Perhaps the USA and China might be facing some economic difficulties and this might help for boosting the European economy, reducing the Chinese import to Europe and increasing the European export to both USA and China. Nobody knows what will happen.
The strategists at Washington and Beijing must be calculating the potential costs and benefits of such conflict, and they probably know whether or not it's worth it for the USA and China to engage in such war.
That's certainly true, mate. A Taiwan invasion would certainly lead us towards higher prices for electronic devices (especially smartphones and computers). I can see how this would negatively affect Bitcoin in the short term. If you thought the Russo-Ukraine war was coming to an end, then you haven't seen the worst of it yet. There will be more pain ahead for all of us if China decides to invade Taiwan. I really hope we can get back to some sort of peace treaty between world countries, so everything could go back to normal. It's been a disaster after another disaster ever since the COVID-19 pandemic took the world by storm. The US certainly doesn't want inflation to rise, so a direct conflict with China would be zero to none. We can't predict the future, anyways. Who knows what will happen in just 2 years from now? Just my opinion |
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Dogecoin is a Proof of Work coin and its network runs very fine by Dogecoin miners. Elon Musk has engaged in Dogecoin since the last three years and he was nothing for Dogecoin network. He is more engaged with Dogecoin manipulations on market only.
I think it is possible for Dogecoin to hit $1 in short period of time. If it makes a new all time high, it would far pass through $0.75 that is its current all time high. Maybe $1 will be seen if Elon Musk integrates Dogecoin to Twitter platform. If he does it, likely he will do it in 2024 bull run.
Dogecoin was "in the scene" way before Elon Musk started promoting it. If Elon Musk decides to abandon Dogecoin for the next big thing in crypto, prices will fall, but the Blockchain will keep "chugging" along as usual. We're expecting Mr. Musk to add DOGE to Twitter, as it would benefit crypto/Blockchain tech by a long shot. Mainstream adoption will soar, especially when there are many people using Twitter worldwide. As to why Elon Musk is delaying the integration of DOGE into the social media platform, it could be for a number of reasons. Either he's afraid of facing scrutiny from the regulators, or just want to "play" with investors by "pumping" the coin's price with false promises. It's been quite a while since Twitter was acquired by Mr. Musk, anyways. What will happen in the future is mystery. You can be sure DOGE won't get that far in price because of the way it was designed. Who knows if it goes back to less than $0.01 someday? Just my thoughts |
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Payment processed.
Got it. Thanks a lot, guys!  |
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I think Ripple started fine but only face an issue after so many years but they are lucky that their company is still there surviving and still have the chance to continue to operate legally once they win the case that is issued about them. It was the people who invest in Ripple are the ones who are playing with fire right now because some things could go wrong with Ripple later on. It is said that Ripple is backed by different banks therefore I think they don't just issue money out of thin air.
Also, there are people who profits from Bitcoin when someone starts using it, and that is the miners but those who use, invest/trade with Bitcoin can also make a profit out of it. Ripple users can as well get a benefit if they use their coin properly.
If Ripple really wants XRP to have a future, then it should stay away from it by leaving the "Ledger" in the hands of the community. The first step would be to sell all of its XRP holdings to remove any ties to the cryptocurrency itself. After that, XRP would be fairly distributed among participants. The XRP Ledger would also need more validators run by community members to help become decentralized and censorship-resistant. Maybe introducing some sort of incentivization mechanism to XRP validators will do the trick? Unless Ripple removes any involvement with the XRP Ledger, I don't see it having a future anytime soon. I'd suggest people to consider Stellar (XLM) which has the same design as XRP, but with decentralization in mind. Ultimately the market will decide which coin stays afloat and which one will fade into oblivion. As long as there's healthy competition in the crypto/Blockchain space, nothing else matters. Just my thoughts |
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It does seem like MATIC (Polygon Network) has the right partnerships to be a powerhouse in the next bull run. They seem well positioned to be the chain of the metaverse and the affordable option for large companies to use to issue their NFTs. I don't see any reason why MATIC won't continue to rise in value. If BTC sees a x10 from here, I could easily see MATIC hitting $20, or maybe even $50 in the next bull run. I think I would be a bit surprised if it didn't at least test it's previous all time high. The only thing bearish about this coin is that it's already seen an incredible rise in value.
There's strong adoption for MATIC, so it should only be a matter of time before market prices skyrocket like crazy. People often overlook Polygon because they're foused on Solana and Ethereum. But they will eventually switch to Polygon, after it continues to be embraced by renowned companies in the mainstream world. $20 per coin is nothing if BTC continues to drive the crypto market all the way to the moon. MATIC is trading below $1, so why not buy more coins to stock them up for the future? Imagine if developers decide to burn MATIC tokens in the long run. It's price will increase to levels beyond compare. Sounds crazy, but anything's possible in crypto land. If Solana went to $200, then Polygon could easily go to $20. Who knows what the future holds for the cryptocurrency? Just my opinion |
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Yeah they definitely are coming, there's not question about that. But i don't see them "better" in a sense that they are not comparable and build for different reasons in mind. Stablecoins are a way to go if you are into DeFi.
But if you want just to hodl fiat money, it's not like it will be optional to go back to current fiat money system after CBDC has taken the whole system over. So i don't see it as better than stablecoins, but better then current fiat-money transferring system in general.
CBDCs will remove the need for paper money, so our only options would be to use stablecoins if we still want to enjoy some level of privacy in our day-to-day transactions. For better privacy, decentralized cryptocurrencies like Bitcoin and Ethereum would be the way to go (especially privacy-oriented ones like Monero and Zcash). The fact that stablecoins can be used in "De-Fi", should be more than enough for them to stand the test of time. Unless, governments make CBDCs programmable and widely accessible to the public (which is very unlikely they'll do that anytime soon), stablecoins will solidify their position in the crypto/Blockchain space for years to come. You can rest assured there will be more pain ahead for stablecoins after the Terra UST crash. The SEC is now going after Binance USD, so only time will tell us where regulations will lead the stablecoins industry. Who cares about centralized Fiat (either as a CBDC or a stablecoin) when we can have freedom by using a decentralized cryptocurrency like Bitcoin? Just my thoughts |
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And this is why I believe no altcoin will ever surpass bitcoin, even if a new revolutionary altcoin was created as long as it was based on the same principles of bitcoin, the bitcoin developers could always analyze the code of this altcoin and whatever features which makes it such an special altcoin and add them to bitcoin.
If bitcoin is to be replaced in the future this will happen because an entire new concept was created that is more efficient than bitcoin and that cannot be implemented on bitcoin at all.
Exactly. All of the other coins are copies of Bitcoin's original Blockchain model. There's really nothing that would "blow this stuff out of the water". It might take decades, if not centuries, before a new technology succeeds Blockchain tech. The party is just getting started. Considering that Bitcoin is the original cryptocurrency that started it all, it's very unlikely it will die anytime soon. Its "lifespan" could be well extended after all coins are mined by 2100. That is if the community keeps it decentralized and censorship-resistant to that date. Neither you and I will be alive by the time all coins are mined, so we should have nothing to worry about. You can bet most altcoins will die before BTC fades away into oblivion. Who knows how far will it go? Just my opinion |
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By who, if you don't mind sharing? Hopefully it's a credible source and not the usual peanut gallery of "doomsayers" whose predictions are almost always wrong.  A four-star general predicted that a war between the US and China over Taiwan will take place by 2025. You can read all about it here: https://time.com/6251419/us-china-general-war-2025/Predictions are predictions, so either the aforementioned war will happen or everything will remain as is. I seriously don't think this will ever materialize, as that would cause a huge blow to the world's leading economies. It would be much worse than the current Russo-Ukraine crisis. This could only be a drama show by the Chinese government in order to try to spread fear among people living in Taiwan. The likely outcome of the Russo-Ukraine war would be a full-blown victory for Ukraine, so China will think twice before deciding to proceed with its invasion of Taiwan in the future. Let's hope the current crisis will be all over before 2024 gets here. Just my thoughts |
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20 billion dollars is a huge capitalisation for a project that is hardly used anywhere. Ripple regularly announces some kind of partnership and cross-border payments, but in reality I have not yet heard of any successful outcome of such payments. But I also think that if ripple is consistently in the top 10 coinmarketcap, it's probably for a reason.
XRP is manipulated like crazy. Whales are keeping it in the top ranks in market cap for some reason. It could be the Ripple company itself with its XRP holdings. I really don't see any real use case for this coin, especially when it's heavily-centralized. Using XRP would be no different than using any regular bank. Your funds can easily get frozen and confiscated at will. Consider how Ripple was able to easily freeze McCaleb's tokens on the XRP ledger. This wouldn't had been possible if XRP was as decentralized and censorship-resistant as its proponents claim it to be. There are so many people following XRP, when they truly don't know what's hidden behind the scenes. They will be sorry in the long run, when Ripple ceases its operations for good. Without Ripple (the company), I fail to see how XRP will survive. Who knows if it dies faster than we've ever imagined? Just my thoughts |
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