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maybe in the future twitter will be the first mainstream social media to actually adopt crypto. CZ and elon musk a very interesting combination for twitter development. I think in the near future there will be a good innovation or breakthrough for twitter. I hope one of them solves the annoying spammers and bots problem. it would be great if it came true.
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What crypro has the most utility ?
I thought of one name which is ethereum. smart contract network platform with more than 1000 Dapps active on ethereum network. This indicates that the ETH utility is very large, plus the current Gas fee is also quite expensive. As long as ethereum is the king of layer1 networks, the need for ethereum will never run out. This guarantees the utility of ethereum even when the market crashes ethereum is still needed. |
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Things we should be excited about with the NFT industry in the coming years :
- Gaming : When games finally become truly fun and not only profitable. Which would rake in the multi billion dollar gaming industry outside the crypto space.
- Arts and multimedia :
* historical arts * - When historical arts like the starry night, Guernica etc., get approval from owners and museums to be produced as an NFT to reach many more people that appreciate its art and historical significance, it will be massive!
* Music and other media * - Just like how television and radio were over taken by smartphones and computers, multimedia NFTs will overtake the likes of Spotify, iTunes and other paid streaming services. Just a few days ago, I came across an article about the experience of a composer/musician in the world of NFTs and he has earned more than he has using these streaming apps. What's best is that artists like him doesn't have to surrender the rights to their works anymore. The guy is now making 85% of his living off NFTs. And he's just one of the many that are in the MultiMedia side of NFTs today plus there are more that are considering this alternative as well. In fact, here in my country a couple of celebrities/musicians/influencers have just coordinated with a developer and started a project where they create a platform that caters to artists and content creators that want to venture in the NFT space. Just imagine what'll happen if more celebrities decide to jump into these platforms in the coming years!
- Other utilities : Being used as tickets to concerts and more which already happened a few times already. Souvenirs from specific shops, memorabilia from iconic stars and athletes and so much more!
actually we're heading there at this point. just look at the crypto gaming industry growing very fast, you can see axie project successful with their gaming platform. and it was only a matter of time until art, music, and other utilities adopted nft. recently I also heard a news about the Algorand project in collaboration with FIFA as a sponsor of the world cup. they said algorand will be their official blockchain for the duration of the event. and in one of the details they say about the development of NFT. In the future, it could be that fifa sells tickets using nft, or sells their digital merchandise also in nft form. all possibilities lead to it. So it means that the future you think about will soon become a reality. |
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Do you think it is a good investment or rather a ponzi like scam?
if you look at the concept, I think this project is good, move and get a reward. a new concept in the field of NFT, if previously nft was dominated by games, this project comes with a different concept and offers something good. so this could be a good investment, and a long way from being called a ponzi. |
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Lots of cryptos – a lot of stress.
That's why I never hold more than 5 coins in my portfolio. too many coins, too many things to pay attention to. and the greater the stress level when prices do not match predictions. but strangely many people prefer to hold a lot of coins on the grounds that all the coins he holds are the best coins. but they don't realize that it was a mistake. |
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Do you think it will reach $20 this year?
very difficult because the market does not support for this. Even though Cake is good to hold, but 20$ goal this year sounds impossible. it's like expecting a bull market right now, in a very bad situation. but one thing is for sure, cake still has a chance to return to ATH, but not anytime soon. |
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no impact whatsoever upon this time. if you look at the crypto market it doesn't seem to be affected, this doesn't match the predictions of most people who say rising interest rates will make the crypto market dump. the fact is that when the FED set interest rates, bitcoin and all altcoins experienced a flash pump to date.
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It seems we are already in a bear market but how far can this go? A year or two just like 2018-2019? Or this is a short term bear market? MMCrypto on youtube said that 30,000$ BTC is possible, if this do happens altcoins will bleed more than ever and this will unlock the beginning of the downfall of many altcoins.
I still believe this is only short term bearish. this is like last year where the market also crashed in Q1 and in Q2 the market recovered and returned to ATH. for sure the current situation is not the same as in 2018 or the crypto winter. many different things, one of which is institutional investors and adoption has increased very high. things have changed and people are more confident about all this. that's why a bear market won't last long. and one more thing, bitcoin won't go back to 30,000, because bitcoin's low point is at 35,000. this is the lowest price and the probability is also low to reach it. |
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very surprising. they can take full advantage of opportunities and get attention from their efforts. being one of the sponsors of the world cup has earned it the attention of the crypto community even though the market is currently bearish, ALGO is rising very high today. ALGO was able to survive bearish market pressures and rise leaving other altcoins struggling to maintain their price.
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In a tweet early Sunday morning, Cuban suggested that everyone puts up one dogecoin (DOGE) for unlimited posts on Twitter. If anyone flags a post as spam and a human confirms that it is, that person gets the spammer’s DOGE. He further explained that spammers have to post 100 times more dogecoin. However, if the post is not spam, the flagger loses his dogecoin.
At the time of writing, Cuban’s tweet has been liked more than 9K times. Dogecoin co-creator Billy Markus said, “I like this.” Musk replied, “Not a bad idea.” I think it's a good solution for twitter's spam bot problem. and doge also get a very big impact if this is realized. I think this is a win-win solution for dogecoin or twitter. but whatever the method is, Musk promises that he will eradicate the bots that have been annoying on the twitter platform. and hopefully he will keep his promise later. |
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My prediction is gameFi or any project related to nft play-to-earn will survive in a bear market. these utilities have strong fundamentals and their ecosystem is active and healthy even though the market is not doing well. I'm saying this because looking at Axie's early release, this project came as a surprise when the market wasn't very good for a new project. and that's why if a bear market starts the play-to-earn projects at least will survive.
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tradingview can be an option. although the free version has many limitations, but I think it's enough to make an analysis. You can use 3 technical indicators to make analysis and determine when to buy/sell. I use this application and as long as I use it I am quite satisfied with this application. we can also discuss with other people about the analysis we make, what's even more great there is not only for crypto but forex, gold, stocks and others.
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after I observed my assets were down quite a lot and it was enough for me to have trouble. I want to ask what did I do wrong? Or is this the right decision?
yes it is a pretty fatal error. too many coins you bought and it made it worse. Forget buying on a dip, because only a small percentage of people can do it, and the rest are just people like you. if i were you i would start selling them right now and holding stablecoins until the market is really good. forget about how much loss you will receive, because it's too late. currently holding stablecoins is the most appropriate choice. |
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Blockchain was a Revolution in the Data transparency and the Cryptocurrencies with the Generic Technology was the revolution to the free will and flow of money.
But After 2019 there are many Cryptocurrencies in term of Coins and Tokens. Is there is more need of new coins and tokens because After one the there is another token or Coin based on same concept. How is it going to work in future for Sustainable Investments.
Considering the Coins and Tokens with a new concept but what with other copies. Example Meme tokens ( Shiba then Floki then Baby Shiba and Baby Floki and other folks).
maybe this is the golden rule. the copy will never be as successful as the original coin. bitcoin with bitcoin cash, doge/shib with other meme coins, ethereum network with other smart contract projects, and all innovations of blockchain technology always have a copy. and that's normal because there are no restrictions on copying and so on. but it's important to know though that nothing has ever been more successful than the original coin. so also your worries about the number of coins or tokens that will be released in the future and how we can make an investment plan. look for projects that actually have major innovations and breakthroughs, making sure that they are the first to find them. and don't try to buy copy coins or look similar to an existing project, don't even try. if you do this you won't have to worry about how many altcoins will be released later. |
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actually what is going on. yesterday I saw the news that the FTM coin was just burnt worth 4 million USD. but today the price is worse than yesterday before this news. did something go wrong, the good news should have stopped the decline for a while. but in reality there is no impact at all from the news and the price is slowly dropping. currently the price of phantom(FTM) at 0.8$ is already 20% of the current decline, and may be deeper.
market sentiment still beat any fundamental that release by developers team. sometimes any good news from developers not work to facing bearish sentiment that totally controll market. in several project i am screening , they release good fundamental meanwhile market still in bearish trend and holder keep selling to avoid getting more loss if this news not work. yes you are right, market sentiment has a big influence in this. and this puts Fantom in a predicament despite the good news. if you invest in this coin you better start rethinking your plans, the price of FTM will probably get worse than this in the future. The bear market has started and bitcoin can't last much longer. that means the destruction for altcoins is getting closer, prepare yourself from now on. |
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Hello all,
The Bitgert is listed on the KuCoin.
there is no significant increase even though it is already listed on kucoin. My prediction is that when a new trade is opened for the first time, there will be a huge impact. maybe there will be a pump even for a moment, but in fact that's probably not the case. the price hasn't changed much. maybe because the market is not good, so the impact of this news is not too big. |
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Whats your opinion on that one? It is now available on Kraken
is this the reason why GMT didn't fall yesterday till now? I saw a lot of major altcoins had a pretty big drop of between 5-10% yesterday, but strangely only GMT was unaffected. is it possible that their hype is still strong enough to withstand market pressures. if so, maybe investing in this project isn't bad as long as the hype is still high. |
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Did you make 100x your money ? What coins did you invest in that made you huge amounts of returns in the last 4-6 years. Would be curious to see what you guys took a chance and made a lot of money
Why did you choose that coin ?
last year I've made big profits from Polkadot, Solana, BNB, Shiba inu, Doge, and Avalanche. and in the past I've also gotten a big ROI from ethereum. The reason I bought all of them is because of the hype. it's the biggest reason that probably everyone does when buying. besides that another reason is because the price is not too expensive at that time. This is what I consider when I want to invest for the long term. |
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Is it too risky to buy it now?
When do you expect the drop?
unfortunately i missed the opportunity to buy and now its frustrating me every day
If you don't have it today, don't try to buy it. the price is already high you will only be stuck fomo. no need to be frustrated with what happened. you may be missing out now, but remember there will always be coins like Apecoin in the crypto market. so it's better not to buy, than to be stuck fomo because buying at a high price. |
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Let me know if you think any of the prpject will grow such bigger in next 3/4 years.
Fantom, Polygon, Near Protocol, Cardano, Terra, avalanche, and Solana. the reason is because the average project that can rise high at this time is a smart contract project. That's why I recommend some networks that I think have great potential. although currently terra, solana, avalanche have gone up very high, but it is possible that in the next 2-3 years the price could be higher than today. there are also other potential projects like Apecoin, Stepn(GMT), zilliqa(zil), or decentraland(mana) but I don't recommend this because projects like this rely too much on hype. |
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