What has caused the crypto market's mood to decline in recent days? I lost quite a lot in crypto trading this month. Let us discuss it with enough insight and hope that in June Susana will return to a stable green, Thank you friends.
Let's be honest, cryptocurrency prices can't go up all the time. Proceeding only from this factor, sooner or later we should have seen a good correctness. It is also worth noting that this is not the first time, which means that after studying the history of the development of the crypto market, you can find many recurring events. I also believe that this next drop in crypto prices is an opportunity for large players to try to knock top cryptocurrencies out of weak hands, as well as an excellent opportunity to enter the crypto market for new large players. Also, each such drop in price makes it possible to gather strength for a new, even stronger growth. |
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Hello, Im preety new on forum, I posted 99% on my local forum, but now I want also post on international forum.
Im intrested in trading in crypto, cause mining crypto in this days is not profitable. I Want to know how I can recognize right coin, expect BTC, and ETH, how I can recognize some other good coins? How I can recognize when is the right time for buyng and sellig crypto to make most of trades profitable? Is it possible some how exploting some coin and be sure this coin can make 10x, 20, 50x,... in next months?
Sorry if Im spell something wrong cause my English is not best.
If someone knows 100% which cryptocurrency will show excellent growth, then they are unlikely to share such information with the entire crypto community. As far as I know, one can assume that this or that cryptocurrency will grow, but it is not realistic to know 100%. Rather, it is real, only for those who themselves plan to participate in its growth, and in most cases these are either the creators of such cryptocurrencies or large players in the crypto market. You just have to understand that no one is interested in the majority knowing such information, the more people know about the growth of a particular coin, the less profit will be. |
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As we reported a few days ago, the President of El Salvador, Nayib Bukele, announced during the Miami Conference that the country intends to accept bitcoin as a currency in the country. Now the 39-year-old has added to the appeal of his proposal on Sunday with his new remarks on Twitter. Bukele announced in his latest tweet that: "The government will immediately grant permanent residency to crypto entrepreneurs." Today, his proposal was approved by 62 official members of parliament against 19 votes against. Explaining the bill, Bukele added that the country is also proposing a new law to parliament that would allow anyone with a 3-bitcoin investment in the El Salvadorian economy to obtain permanent residency. It is interesting to know that the official currency of El Salvador is the US dollar. About a quarter of El Salvadorians live in the United States, and last year they sent more than $ 6 billion in remittances despite the Corona epidemic. Nayib Bukele acknowledged that the move was aimed at creating jobs and providing employment opportunities for thousands of people who now operate outside the country's legal economy. He noted that 70 percent of the population now does not have a bank account and operates in an informal economy. Source: Yahoo NewsAnyone from El Salvador can give any feedback about living costs and living situation in this country? Although I am not a resident of El Salvador, as a crypto user, I am very interested in this situation related to the adoption of BTC as the currency of El Salvador. If earlier in this old age the US dollar was the official currency, and now BTC, then this is probably a big blow to the US dollar. I would say that this is an example of other countries whose main currency is the US dollar. We may soon witness similar situations in other countries. As for the development of the economy within El Salvador and how much everything is as its president claims, I would also like to learn from the real inhabitants of this country. But no matter how it was, this is probably all directed against the US dollar, and BTC was probably developed as a tool to weaken the influence of the US dollar in the world. |
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Have you ever thought what would the world be without Bitcoin? Imagine if the cryptocurrency was never invented and we'd still be living with Fiat (paper money and credit/debit cards). People would be subject to banks' desires without a chance for freedom. A cashless society would be only a dream, without innovations in the FinTech space. Gold would still be an option, but not everyone will be able to access it. The unbanked people will be forced to deal with banks in order to participate in the mainstream economy. A lot of challenges and hurdles would arise without a decentralized form of currency for the enjoyment of all. What do you think the world will be today without Bitcoin? Your input will be greatly appreciated. Thank you.  If we consider the issue of the impact of Bitcoin in the world, then I would not say at the moment that life without Bitcoin would be worse. No, on the contrary, when something is not there, then there is something else. For me personally, the emergence of Bitcoin and other cryptocurrencies simply opened up new opportunities for earning, although before the advent of crypto, I also worked and have quite good success. I believe that if Bitcoin had not been invented, something else would have been invented and launched. The fact is that for the emergence of Bitcoin is not just a coincidence or happened by itself, no, it is a planned operation to achieve certain goals. Therefore, if this situation or another would require the emergence of new technologies or assets, it would probably be done, but it would be called differently. Therefore, you need to accept Bitcoin and crypto just as it is and not think about it as something without which life or development would be impossible. Bitcoin and crypto are tools for achieving certain goals at a certain time for certain people, and even if Bitcoin disappears, then life will not stop and there will be other tools that will also continue the development of our world. |
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I've seen many smart contract platforms rise all the way from the ground because of the "De-Fi"/NFTs hype. Coins like Cardano, Binance Coin, and even Polkadot became extremely popular at a very fast pace. But that's another story with TRON since the coin struggles to get past $0.20. This is odd, considering that transactions on the TRX blockchain are blazing-fast (almost instantaneous) and dirt-cheap (sometimes even free). A smart contract platform like TRON should've been worth more than $1 by now. I'm surprised to see this happening with TRX right now, considering that Justin Sun constantly "shills" his project across Twitter. What are your thoughts? Do you think TRX will go all the way to $1 someday? If not, why? How much do you think TRX will be worth by the end of the year? Your input will be greatly appreciated. Thank you very much. I also noticed that the TRX price, unlike other prices for other top cryptocurrencies, has a very weak growth. Despite the fact that TRX is indeed a very convenient cryptocurrency for transferring funds, it has fast and cheap transactions, the rise in the price of the coin did not occur when other cryptocurrencies showed excellent growth. Of course, I would very much like the price of TRX to reach $ 1, but perhaps this is not happening just so that the TRX network can keep its fast and cheap performance. This is just my guess, and perhaps by the end of 2021 TRX will really be able to show growth and its price will soar to the moon. But no matter how it was, I continue to hold TRX in the hope of its future success. |
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I believe that company airdrops and bounties deserve attention and participation. There are several reasons for this. First of all, these companies help the development of the crypto industry. They disseminate information about a particular crypto project, platform, company. Provide an opportunity for the crypto community to learn about new products and earning opportunities. On the other hand, this is a great opportunity to earn cryptocurrency without spending your personal funds. However, there are also downsides. This work is not for everyone, because it will require the completion of a number of important tasks that not everyone can or wants to do. But for me personally, since 2017, participation in airdrop and bounty companies is the main work that could significantly change my life for the better. |
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My portfolio has become quite extensive, in my opinion.
I am in about 10 different cryptocurrencies, all that aim to provide a lot of real world value.
I was looking at my portfolio this morning and realized I have enough to convert all of my coins and have 0.75 of a full Bitcoin. It has always been a dream of mine to own a full Bitcoin. Right as of now I only have about 20% (0.20) of a Bitcoin.
I know that Bitcoin will always be THE store of value, but I think it would not be wise to miss out on the other innovations the cryptocurrency space has to offer.
Let me know what you guys think.
If you are more interested in innovations in the field of crypto, then you should definitely pay attention to other promising cryptocurrencies in order to get maximum profit in the future and provide yourself with constant income. But if the goal is only to have income, then here you need to carefully calculate which cryptocurrencies can give you more profit. Bitcoin has shown over the past few years that it can bring excellent profits to its holders, which means that there will be nothing wrong if you still keep your funds in BTC. But all the same, it's up to you to decide. |
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A credible outlet and others have given credit to this news. El Salvador is one of the Central America countries that could be considered a failed state. Little rule of law, an immense number of gangs with thousands of members... The president is probably not the best economist out there, but he may be right in choosing bitcoin as legal tender and even right on the reasons to choose it. After all, having a currency only works if you can print a lot of it and preserves its value and nowadays those are only the USD, EUR, RNM and perhaps the sterling pound to a point. https://www.bbc.com/news/world-latin-america-57373058The current legal tender, USD, is managed by the FED and ultimately by the US government and perhaps is justified to change that to a decentralised network that has less political motivations under certain perspective. Indeed, this is great news for Bitcoin and the entire crypto community. But this did not happen for a reason. With its foreign policy, the United States itself contributed to the fact that many countries of the world began to look for a replacement for the US dollar and, of course, this news from El Salvador is the result of this policy. I will say more, many large countries are already using BTC and other cryptocurrencies to pay for goods and services. So this kind of news is the beginning of the introduction of BTC and crypto in the world as finance in exchange for the US dollar. |
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My attitude to the activities of Elon Musk is not very positive. This is due to the fact that all of his companies and products look very dubious. Also, Tesla is not an innovation at all, but simply taken old technology and wrapped in a beautiful wrapper. The same SpaceX and flights to Mars, the launch of Tesla into space, and now the attack on Bitcoin, all this tells me only one thing, that you cannot trust Elon Musk. Perhaps he is like an ordinary person and good, but as a media person, he is not independent and probably promotes someone's interests, but not the interests of the community. I may be wrong, but this is how I see everything at the moment. |
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so when do you guys think this bull market is going to end. I'm kinda balls deep in crypto, and I've make some pretty amazing returns. But im just wondering if any of you guys think this bull run will end anytime soon.
If we are talking about the latest rise in prices for cryptocurrencies, then you probably already noticed that the price has already gone to a correction, but if we consider this event as preparation for the main growth of 2021, then the bull market has not ended yet and will probably continue either in the summer of 2021 or towards the end of this year. My forecast is based on the cyclical theory of the crypto market and the cycle ends again in 2021, which if compared with the end of the previous end of the cycle in 2017, then we will probably have even greater growth. |
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I am very glad that the problem with high commission prices in the Ethereum network began to be solved and the load on the network, and, accordingly, the price for gas began to decrease. This is great news for the entire Ethereum community, as it has once again shown that Ethereum is a strong platform and it is not ready to give up its leadership positions, but on the contrary, with the solution of this main task, it will be able to show an even better result of its network operation. I also really hope that with the solution of this problem, attention to Ethereum will increase again, which will allow the price of the ETH coin itself to show new growth.
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Reporting Week Number #10: Monday, 31th May, 2021 to Sunday, 06th June, 2021 Bitcointalk Username: ven7net Telegram Username: @venbusiness Twitter Username: @VEN7NET Twitter Profile Link: https://twitter.com/VEN7NETTwitter Followers: 3329 Tweet Links: 1- https://twitter.com/VEN7NET/status/13994356562087895092- https://twitter.com/VEN7NET/status/13997810218228981813- https://twitter.com/VEN7NET/status/14001253841637376004- https://twitter.com/VEN7NET/status/14004409442819809305- https://twitter.com/VEN7NET/status/1400891543725252617Retweet Links: 1- https://twitter.com/VEN7NET/status/13992988271364218882- https://twitter.com/VEN7NET/status/13996684606706688003- https://twitter.com/VEN7NET/status/14000372167605698564- https://twitter.com/VEN7NET/status/14003895254997442565- https://twitter.com/VEN7NET/status/1400857921563529230Binance Smart Chain Wallet Address: 0x30798fA44b16cFB5fe88c26B62d8441EEF77Ed53 Reporting Week Number #10: Monday, 31th May, 2021 to Sunday, 06th June, 2021 Bitcointalk Username: ven7net Telegram Username: @venbusiness Facebook Username: VladimirPechyoniy Facebook Profile Link: https://www.facebook.com/VladimirPechyoniyFacebook Friends: 5000 Post Links: 1- https://www.facebook.com/VladimirPechyoniy/posts/40171019383675612- https://www.facebook.com/VladimirPechyoniy/posts/40197457314365153- https://www.facebook.com/VladimirPechyoniy/posts/40223768778400674- https://www.facebook.com/VladimirPechyoniy/posts/40248593442584875- https://www.facebook.com/VladimirPechyoniy/posts/4028729250538163Shared Post Links: 1- https://www.facebook.com/VladimirPechyoniy/posts/40158879118222972- https://www.facebook.com/VladimirPechyoniy/posts/40186952015415683- https://www.facebook.com/VladimirPechyoniy/posts/40215862712524614- https://www.facebook.com/VladimirPechyoniy/posts/40243703909740495- https://www.facebook.com/VladimirPechyoniy/posts/4028431770567911Binance Smart Chain Wallet Address: 0x30798fA44b16cFB5fe88c26B62d8441EEF77Ed53 Reporting Week Number #10: Monday, 31th May, 2021 to Sunday, 06th June, 2021 Bitcointalk Username: ven7net Telegram Username: @venbusiness Reddit Profile Link: https://www.reddit.com/user/venbusinessNumber of Karma: 6463 5 Reddit Post Links: 1- https://www.reddit.com/r/ico/comments/npaa8t/friends_the_mocktailswap_decentralized_crypto/2- https://www.reddit.com/r/CryptocurrencyICO/comments/npzmlc/the_mok_token_of_the_mocktailswap_platform_is/3- https://www.reddit.com/r/IcoInvestor/comments/nqppvo/a_number_of_excellent_financial_tools_for_making/4- https://www.reddit.com/r/IcoStatus/comments/nrdaj3/then_the_mocktailswap_platform_and_its/5- https://www.reddit.com/r/ico/comments/ns9ub1/the_mok_token_is_already_available_on_its/Binance Smart Chain Wallet Address: 0x30798fA44b16cFB5fe88c26B62d8441EEF77Ed53 Reporting Week Number #10: Monday, 31th May, 2021 to Sunday, 06th June, 2021 Bitcointalk Username: ven7net Telegram Username: @venbusiness Blog Platform Name: Reddit Blog Platform Username: venbusiness Blog Profile Link: https://www.reddit.com/user/venbusinessNumber of Followers: 25 Carma: 6466 Posted Blog Links: 1- https://www.reddit.com/user/venbusiness/comments/nq2tjc/why_is_the_mok_token_of_the_mocktailswap_platform/2- https://www.reddit.com/user/venbusiness/comments/ntlkhr/why_choose_the_mocktailswap_finance_platform_to/Binance Smart Chain Wallet Address: 0x30798fA44b16cFB5fe88c26B62d8441EEF77Ed53 |
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The US dollar could run out soon - Gold can lose value - Elon Musk
The US dollar could run out soon - Gold can lose value - As because Elon Musk is trying to get investors out of the crypto market. If investors lose interest due to Elon Musk and Bitcoin long-run bearish position, the US dollar might completely lose its value and exchanges can create decentralized fiat currencies having greater value than USD. Bitcoin might be replaced by another currency too like BNB as due to hacking attempts, people would like to move on centralized exchange tokens because it cannot be hacked.
What can I say? As for the US dollar, many people already understand that it, as an international reserve currency, has problems. Leaders of large countries have already announced this. As for gold, I would not write it off. Yes, gold may lose value for some time, but in order to depreciate altogether, this is unlikely to happen. On the contrary, I believe that gold will always have value and, possibly, after the collapse of the dollar, it will rise even more in price. Also, I do not agree that there will be a transition to BNB, as for me there is no reason for this. As for BTC and all cryptocurrencies in general, no one here can know 100% what will happen, but I know for sure that there can be both a large increase and a large drop in prices in the crypto market. In any case, it is now difficult to argue about something, time will tell what and how it will be. |
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