India is an information technology powerhouse and has a wealth of human resources. They have powerful crypto projects and are invested by organizations around the world. Consideration of the use of cryptocurrencies will also facilitate the thriving of cryptocurrencies and blockchain in this country. That I think is good and they can take advantage of regulations to get more crypto tax.
On the other hand Blockchain, Bitcoin and crypto are difficult to control so there is only a way to accept and put them in regulation.
No. India is not an IT powerhouse. US and UK can be regarded as IT powerhouses. India is well known for call centre and BPO/KPO companies, but if you talk about innovation and modern technology, then they are far behind. The problem is that the best talent India had migrated to countries such as US and UK during the 1990s, 2000s and even in the 2010s. The Indian government treat IT employees without any respect and try to squeeze out as much as they can in the form of taxes without providing anything in return. So it was only natural for the best among them, to migrate to the Western nations. Those who remain in India doesn't have the quality and they are contented with BPO/KPO jobs, toiling 60-70 hours per week. I was confused. They have abundant and good human resources. Maybe they are slowly changing their policy to catch up with the world as they loosen crypto regulation. Cryptocurrency is really becoming a big industry because of its applicability in all areas. I have faith that they will promote Blockchain and cryptocurrency to thrive in this country. |
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FIAT and cryptocurrency have many differences. Cryptocurrencies have many better advantages, and fiat currencies don't.
FIAT can easily turn them into cash and payments in most payment services.
Cryptocurrencies have fewer units of support at checkout and can only be exchanged for cash when exchanged at Crypto ATMs.
I prefer cryptocurrencies because they are completely in my wallet owned by me. Cryptocurrencies like Bitcoin can increase in value over time as they are scarce.
FIAT money in my bank account is simply a number and can be blocked and monitored by banks. They are not as scarce as cryptocurrencies, and their value can wear out over time.
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The fact that there are many DEFI as well as GAS WAR projects in participating in IDO makes ETH's price increase rapidly and remain stable from above 70Gwei. I have been following the GAS price of ETH so I can send my meager amount of tokens, but they cost between 7-20 $ and possibly higher when I want to send them to decentralized exchanges.
I think this year it will be less likely that Gwei will drop below 50.
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You should consider IDO projects on decentralized exchanges as this will be a low-risk and quick way to get rich. Or only own tokens of these exchanges because normally those who want to participate in IDO are required to own staking tokens to join IDO. So these tokens will increase in price over time if more people want to join IDO. For example DUCK (DUCK DAO), GUM (GoumetGalaxy) ...
The next thing is to pay attention to NFT projects as this will be the mainstream this year and for many years to come. NFT is currently being applied to many entertainment industries and offers value to collectors. Typically projects have increased prices such as CHZ, SAND, ENJ, FLOW ...
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Poverty stems from many factors such as prolonged difficult circumstances, unfavorable weather for cultivation, people's qualifications unsuitable for high-income jobs, exploitation of capitalism, bad events (debts, crashes, fatal illnesses) in a person's or family's life ...
I think there is a reason for human poverty and it occurs anywhere in the world. Only using charity funds to help people, people need to know how to share their wealth to help others. The world could be a better place if everyone could help each other.
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Near is a good project as it provides a solution when it comes to creating Dapps suitable for pairing with the ethereum network. Near is a solution to help Ethereum scale and increase speed. Near is planning to launch the NFT. I believe that in the long term Near will have an even bigger market cap.
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Ethereum to $ 100k is possible as the current rate of development of projects on this blockchain is growing strongly. The number of people betting ETH on Defi is huge, which is making ETH more scarce.
The problem with ETH is that the transaction costs are too high and may be even higher in the future. ETH needs solutions to scale and speed up the network. Currently I find ETH very difficult to use regularly because of the huge transaction costs.
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India is an information technology powerhouse and has a wealth of human resources. They have powerful crypto projects and are invested by organizations around the world. Consideration of the use of cryptocurrencies will also facilitate the thriving of cryptocurrencies and blockchain in this country. That I think is good and they can take advantage of regulations to get more crypto tax.
On the other hand Blockchain, Bitcoin and crypto are difficult to control so there is only a way to accept and put them in regulation.
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I usually choose an altcoincoin based on the following criteria:
1. Outstanding technology features and characteristics
2. Community trust in the project is reflected in its social networking sites
3. What are the partners and investors of the project
4. The development orientation of the project in the future is appropriate to the market or not
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With Bitcoin's current growth in value, I think owning just 1 Bitcoin is enough for the future.
We could have more Bitcoin if we make a lot of money right now or not.
I think that the material demand for humans is limitless, so no matter how many Bitcoins we have, we still have to use it appropriately.
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Bitcoin's Stock-to-FLow model is awesome and it's being used very well by Sushi. There is less Sushi in exchanges over time because they have stakes in liquidity pools. Bitcoin's deflationary model has brought success to Bitcoin as its value continues to increase over time.
Nah, as I stated in OP this model do not apply to shit coins (or shit tokens). Sushi being taken off the exchanges has nothing to do with scarcity. It might be about demand and supply, but this doesn't mean sushi is scarce at all. So I can't even understand why it is relevant here. I think that mining happens because of demand and whether or not any altcoin with a deflation pattern will increase in value. Sushi is a token but it is mined through being taken out of exchanges and locked to continue making Sushi. Sushi mining becomes more difficult because its algorithm reduces the amount of Sushi tokens generated over time. The value of Bitcoin, gold or silver increases as they are stored and taken out of exchanges. So I don't think it makes any difference in terms of how scarcity is created. |
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4 years only one season
The best season starts from this year
Those who are losing money please do not miss
Because there will not be a better season
I just want to say that uptrend is clear and this is the best opportunity to make money. Don't try to be more skeptical because opportunities only happen in 1-2 years. Next time will probably have to wait longer.
You have to act accordingly, if you do believe that you can manage to work it out and you are willing to take the resposibilities, Act now and start taking your position is the best thing to do, there are always chances to gain and if you missed it, the next big one will take much longer time. What is the right action? How do I know if my action is appropriate or not? The best signal right now is that Bitcoin has risen sharply with the reception of institutional investors around the world. I find now is a good time for pure Spot traders or margin traders to invest in cryptocurrencies because of greater volume and greater volatility. |
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Every year Bitcoin falls in price in March and that becomes a theorem. Everyone carefully trades in March. The best evidence is that in March 2020 the market crashed deeply, which is the black market of the crypto market. All of the DAOs could not be back on time. I respect the past and I am dealing with as carefully as possible.
I think the march crash last year was related to a general sell off on all types of financial assets like stocks and derivatives. Mainly due to the corona lockdowns all around the world people got really scared. At the moment prices are still strong, so I wouldn't be selling any of my coins. I agree with you that ETH might get better through the next crisis than bitcoins. Not quite, history has shown that March was the time when Bitcoin dropped in price compared to the rest of the year. We are currently seeing Bitcoin depreciate compared to February. Today is March 7, it is still very early to conclude, but I believe the history of Bitcoin is once again repeated.  |
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The wealth lies in financial matters, health and has good relations with the whole society. A real-life example is people like Bill Gates, Warren Buffet. They have a lot of money, leisure in life and a lot of good deeds with many respectful people.
We often work hard to find money and then lose our family happiness and forget many of the values in life.
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Paying fees is a must, but it shouldn't be too much to happen on Ethereum's network as Gaswar happens continuously with the hosting of ICOs.
The cost of $ 10 to 15 is too high and is not suitable for everyone. That needs to end and we need a new blockchain to be able to implement smart contracts for everyone. Everyone must benefit and be convenient to transact.
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Every year Bitcoin falls in price in March and that becomes a theorem. Everyone carefully trades in March. The best evidence is that in March 2020 the market crashed deeply, which is the black market of the crypto market. All of the DAOs could not be back on time. I respect the past and I am dealing with as carefully as possible.
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Bitcoin is a global currency and a store of value, so Bitcoin's value has global influence. Although the cost of sending Bitcoins is large, we can send Bitcoin in wrapper form. We have WBTC on ethereum and the future will have Bitcoin on Binance smart chain, Solana, tronix, ...
By doing so, we will send Bitcoin easily and quickly with lower transaction costs.
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4 years only one season
The best season starts from this year
Those who are losing money please do not miss
Because there will not be a better season
I just want to say that uptrend is clear and this is the best opportunity to make money. Don't try to be more skeptical because opportunities only happen in 1-2 years. Next time will probably have to wait longer.
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Governments have looked at Bitcoin and are eager to manipulate them, but there is nothing they can do when Bitcoin's algorithm cannot be hacked. They can only energize Bitcoin and please the community. Let's see how economists or bankers have denied Bitcoin and cryptocurrencies in the past. Bitcoin and cryptocurrencies are truly the future of modern money and the economy.
The currency and the internet have combined great, and as a result Bitcoin, crypto. We need to recognize that this is an evolution of the economic form. That is inevitable in any society.
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