|
US has a huge crypto community and not long ago majority of crypto projects were from US. But seems like the number is dropping due to complicated rules and regulatioms related to crypto in the US. They cannot participate in tokensales, they cannot participate in giveaways, airdrops or bounties and they have to report their crypto holdings and gains that will be taxed too.
Once US was very supportive of new and advanced tech but now looks like they do not want to adopt crypto fully even now.
|
|
|
|
|
Interesting, this just goes to show that future crypto market is going to be very exciting and practical and we will be connected with real world data and everything could be implemented via smart contracts so the concept of smart cities, smart industries, smart business, smart manufacturing etc will become a reality also we can except good competition among top coins and better value of the top coins due to mass adoption happening out of all these innovative products.
|
|
|
|
|
Steemit definitely needs more marketing, more contests and competitons and perhaps a new ecosystem and platform economy to cope with the decentralized social media challenges, they can increase engagement and user activity on their 0latform by intoducing micro pay tasks or gigs just like upptrend and publish0x offer so to stay at the top they have to learn and adopt from other top platforms to stay in the game.
|
|
|
|
|
China has proven itself to be the pro-tech, advanced and forward looking country by introducing their national coin and digital curreny, this will definitely increase their share in global trade and economy also their influence will grow massively.
Personally i support all these tech related initiatives and i am sure this coin will also boost the crypto market multifold.
|
|
|
|
All summer, and especially August, the market was booming with news about the super growth of tokens. Yeald farming, stacking gave crazy interest. New tokens appeared every day, the number of assets involved in this area was steadily growing. And what we see now:  source: @ceterispar1bus Some projects have already reached -90%, yeald farming is no longer so profitable. All large projects have fallen in price, not to mention any little-known tokens with low liquidity. Is the market entering a new phase? What will this correction give us? The market will be cleared of all garbage and DeFi will be promoted exactly as a technology, as before, not just a desire to collect money from the crowd or should we wait for a second wave, as it was in 2017, when after the correction many alto tokens grew even more and then died forever? Anyone can easily judge this after seeing this price chart that the initial defi hype and fomo period is over but the good projects and their tokens will soon find long term support and then range trade for a few months which some people also call as accumulation phase and afyer that potentially we will see next move up. |
|
|
|
|
This is the cheapest level of fraud from the scammers that is why i am convinced that we should not deposit a single penny to atleast brand new projects because there are many fake projects that want to take advantage of defi hype amd make quick big bucks. Now if we do not learn we will keep losing the money.
|
|
|
|
literately malfunction token. The problem is the token can only 'buy', but can't be sold. There are tricks in the selling code that only the owner (scammer) can sell. Outside people can only buy but never sell successfully. The scammers create the pairing pool using their token, then buy it to create an up-shooting curve. They will come back later to collect all ETHs leaving the garbage tokens stuck in tricked buyer's account.
Obviously you are talking about rug pulling which is easily the biggest issue being faced by the current projects and new projects being listed at instant swap exchanges like uniswap where liquidity is controlled totally by the team and being a dex anyone can take advantage and i think uniswap needs to come up with a way out. |
|
|
|
|
It is due to the fact that hatch dao that was launched in partnership with trustswap and trustswap announced that the liquidity is locked for hatch dao so it cannot rug pull or scam the investors but in the end it turned out to be exact opposite and the project did rug pull investors. Now it is natural that trustswap and their team will have to face the backlash and negativity as hundreds of people follow them for investing in new projects and this time they were ditched.
|
|
|
|
|
I initially liked the project but there is not much information about the project and the team even on the website which is not a good thing to do from a new project especially when the project is looking to raise funds. Who will want to give their hard earned money to faceless project? I think people have already seen bad results with anonymous projects. So i hope team will be more transparent and provide all the details on the website soon.
|
|
|
|
|
I think there is massive space and things yet to be done as far as improvements and adding more opportunities and products are concerned. Some areas where defi projects can work are:
Provide more security to the smart contracts and make them hacker proof.
Add more financial products like insurance, savings account, loans etc.
The user interface should be made more easy and user friendly.
There should also be a system to identify, delist and block fake and scam tokens.
|
|
|
|
|
It is just the hot new trend and that is why we are seeing more and more new defi projects and even in bounties section there are a lot of defi campaigns. As a bounty participant all we can do is select the best although there is no guarantee of success but still i hope most projects will perform well while i know there have been plain scam campaigns listed as well.
|
|
|
|
Blockchain and Bitcoin has been on for more than a decade (according the statoshi's white paper) and up until this moment, there is still struggle in the global community in terms of adoption. Countries like India once placed sanctions on the technology and later lifted it. Russia made laws to govern and regulate the operation of the technology in a bid to take advantage of the solutions it proffers and loads of other stuff ongoing in different locations but still we still have a very slow paced increase in growth and devlopment and acceptance. What could possibly be the reason and what are the ways to further create awareness and global acceptance.
For me the primary reason is sluggishness of the regulatory authorities in most of the countries. Most of the financial agencies still seem clueless about blockchain amd crypto this is perhaps because of no awareness even among the high up ranks because it is new tech and the responsible people still lack the required knowledge about crypto and this thing is hurting the mass adoption of the crypto coins. |
|
|
|
|
NFTs are great to invest right now but i think they will slowly eveolve and adopt there is no thing like instant success. Even if we talk about DeFis it took a long time to become mainstream because most of these defi projects are working from 2016-17, Similarly i expect NFTs to be big in atleast next few years not immediately, that is atleast how i see it.
|
|
|
|
|
I think first we should see the tokenization of traditional assets lile stocks, commodities, real estate and other financial products, NFTs are an even finer sector and something which seems to me as a distant thing because we first need crypto mass adoption then tokenization then defi and then NFTs in my opinion.
|
|
|
|
|
I eagerly opened your thread to know about this airdrop but as soon as i get to know that it is for telegram users who have not used uniswap or uniswap cannot even confirm the authenticity i understood that the airdrop is fake.
We should use common sense as well while hearing about these airdrops and giveaways and should not fall for scammers so easily.
|
|
|
|
|
It is definitely going to happen when people will blindly chase each new project without even realizing the nature of the project and investment. Actually this is the real fomo where people feel that if they do not invest they can miss out on huge gains.
I just hope that people in this space will be more mature and responsible especially when it is their own money at stake.
|
|
|
|
|
I had this feeling because everything and every project this guy posted was going to the moon in a matter of days which was kind of scary and somewhere in my head i was thinking that this cannot continue like this forever.
Investors who followed him have made huge money already but it was on the cards and obviously in hatch everyone who invested haz lost full amount so it is again an eye opener that do not follow everything blindly and be very careful before investing.
|
|
|
|
|
This is a huge hack and massive funds have been stolen and the hacker is so smart that he has already sold tokens worth millions at dexes. This incident could well become the reason for the downfall of kucoin, I hope they will be able to keep up somehow but such huge money loss can damage any company to be honest.
|
|
|
|
|
I know many people are suggesting that NFTs are the next trend but im a kind of person that will not make investment decision just based on hype, i will completely study them, see their scope or potential and only invest if im fully confident about them, i do not like to chase different projects and i suggest the same to the community.
|
|
|
|
|
Show Posts
