This is good coming from a Defi project and it will surely channel a good attention to Defi projects henceforth. The price after getting listed on Coinbase was massive and with Binance and Kucoin already in play shows there is more to expect from the project. Nevertheless just like the crypto space is unpredictable, anyone investing should carryout his due diligence to be on the safer side. Lastly, with attention moving to Defi projects now, all thanks to Compound, scammers will likely arise hence let due diligence be done always.
And what it makes so unique? There are hundreds of working Defi projects, that do not need their own blockchain. They just built Defi projects on working platforms like Ethereum, Tron, or NEO. Personally I would trust MakerDao only because a history as proof that it is safe even the market crashed, while many new Defi projects have been hacked or destroyed. |
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If everyone behaves like Bubbalex there wonīt be any program. We currently do not see good programs because in most cases if the project is good enough, the marketing is done by an exchange that list them on their IEO platform.  |
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You forgot about the Binance charity program. You forgot about the positive way how Binance spread the word about cryptocurrencies, not only about the exchange and their coin. Their honest behavior is what matters! |
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The volatility could be a great tool how to get high profits from trading, but it is a very dangerous tool for super skilled traders. Volatility could erase your account in few seconds especially when you trade with leverage, so be careful, crypto trading is more difficult than trading stocks or something else.
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I am very positive about the new update, Vitalik Buterin said that Ethereum 2.0 will be a work of art. In a few days finally, the test net will be launched, so I believe that the final update will come already this year. That would be perfect because no one of Ethereum competitors developed such enormous technology as Ethereum did.
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There are many factors that you have to check: 1. Does the team have any experience? 2. Who is the competitor and how they plan to overtake the market? 3. What is the real use case? 4. Is the token also useful? 5. Look at partners and advisors. That should be enough to find out if the project is legitimate and promising or not. |
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Hi, I see that there are a lot of topics about DeFi, it seems that it is a pretty popular concept. But it is connected with many problems. For example, all of us have heard about MakerDao master keys - so it is really decentralized, again we have to believe that these keys wonīt be abused in some way? Or what happen when cryptocurrencies suddenly crash, what will happen with the collateralized stable coins, when we drop below the collateral value? Do you know about more interesting problems, please share it with us!
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What you everyone has a problem that Binance bought Coinmarketcap website? Since they buy it, I see a lot of improvements, for example new chat options is a great way how to get into touch with developers  . |
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Many Ethereum killers will be killed because they promised to develop a similar solution faster, but I do not see any platform that really achieved such goals what we can expect from the much anticipated update.
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Bitcoin SV is the most hated cryptocurrency here, nobody loves it because its creator Craig Wright is a big liar that makes a lot of damage to cryptocurrencies. BSV plagiarized whitepaper, claimed that it is the real Bitcoin. So would you really trust that this cryptocurrency survives after people realize the truth? |
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What is the purpose of the WazirX coin? To get lower fees on the exchange? Or they will burn WazirX coins from the exchangeīs profit like the Binance do? Are they copy BNB coin, this is the real reason behind the success of this coin and its price pump?  |
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We canīt say that it is better because it is faster. We also need to look comprehensively at it. It is faster because the block time is only a few seconds, but more blocks you have, more data information is stored and that could be a problem in the future with decentralization. Only a few users will be able to download the whole blockchain and manage it . |
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Hello, according to the website: blockchaincenter.net, these cryptocurrencies are most searched among cryptocurrencies: 1. Bitcoin (80,8%) 2. Ethereum (14%) 3. XRP (8%) followed by Litecoin (4,7%), Bitcoin Cash (2,7%), IOTA (2,5%), Monero (2,1%), Tron (1,8%), Dogecoin (1,8%) and Cardano (1,5%). They processed information based on Google Trends. When you compare it with the market cap, then where is Bitcoin Satoshi Vision, EOS or Binance Coin?  |
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I like the idea of stable-coins. It allows you to hedge against crypto downfall when you predict it, you donīt have to sell your cryptocurrencies and buy FIAT and withdraw it to your bank account. Simply you switch to USDT ERC-20 token and left it in your personal Ethereum wallet. |
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We learned from the year 2017 that coins could have a very high price, but the real value is around zero. That's why many of these coins are now traded with a 97% loss. Is it a good price to buy? Who knows, the price is same for 2-3 years and no one is buying it. |
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I know how you feel, I still hold in my wallet coins like Savedroid or TheKey. Do you remember that? Their ICO tokens were sold in just a few minutes. And now? The price is more than 98% down.  |
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Personally, I trust them because they are biggest and I think that most of people see it just like me. And when you go to the past, you realize that Binance become the biggest one thanks to low fees and and very good behavior towards customers.
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With blockchain data can be stored in a decentralized public book.
With cryptocurrency, we can make anonymous transactions without centralized intervention.
If you add speed and spread to the public, then the future is cryptocurrency.
How do you think?
The problem is that we are limited with speed of transactions due to decentralized nature. Something that is decentralized canīt compete with one central server, hope you understand, but it is not a real problem. Many people would choose the trustless protocol rather than one second lasting transactions. |
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You can claim your HEX tokens if you are a Bitcoin owner, but if you are going to buy it, I would be very cautious. Because this coin has very big inflation rate and it would need very high market cap in the future to retain the same value. |
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HODL is one strategy and DOA (dollar-cost-average) is the second strategy. When you HODL, you simply hold your coins no matter what is current market sentiment. DOA is a strategy for buying, you for example decide to invest 100USD a month and you do not care for which price you buy. At the end this both strategies could be very profitable in long term because you are not affected by your emotions.
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