Ethereum got hit by a massive flash crash today, dropping almost 15% in an hour. We caught the dump during the live stream and analyze the reasons leading to the dump.
Ethereum is heavily correlated to bitcoin so there is nothing to analyze, ethereum fell in price so quickly because the same happened to bitcoin and people got scared, it is as simple as that. What we really need to find out is why the price of bitcoin went down, and I really think this has to do more with external factors than anything related to bitcoin, yesterday it was reported that the results of the vaccine were not as good as first believed and that there were mistakes on the production and the research and this made some markets to lose some ground and to go down and I think bitcoin was affected by this. a big dump in short period time happend because a huge selling actions in the markets thats why ethereum price down hard in just 1 hour mate, i think this is a profit taking actions from traders, but, for sure in the near time we will see the price growing back again my friend |
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The word "bounty" means getting paid for capturing or retrieving something right? There is no much difference with bounty hunting on this forum too, the meaning of bounty shows that you can't always catch things right, there will be times when failure will occur but some people wants reward for every single projects they promote, even if you are a pro bounty hunter who's very smart at choosing projects you won't always make the right choice.
start acting like a real bounty hunter, if projects don't work out then move on because it's bounty hunting
find a good bounty project is hard now because we must do a deep research in short period time, if not we will lose the chance to join the bounty from the beginning, thats why knowledge about cryptocurrencies needed mate, so we can choose the right bounty |
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Although the whole market is red, I'm very much afraid of holding ETH now. In my opinion, ETH was fluctuated to its ATH when people were more interested investing in ICO. Nowadays ICO is almost dead. That is why it has less demand. I don't think it will get another ATH soon.
What's your thoughts on it?
ethereum come back from the bottom because of the hype on defi project man, and as you can see now the price already cross $500 level and i'm really sure if ethereum will reach about $1000 before this year end |
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IEO has no hype like ICO had in 2017 so don't expect IEO to perform just like ICO, even if altcoin season is coming or has already began IEO performance won't be that different from what we are seeing since 2018, ICO is just way more profitable than IEO but unfortunately scammers ruin everything
in the past ICO is more profitalbe than IEO, but now i think IEO become more profitable than ICO buddy especially an IEO that run on TOP exchange, talk about the hype i think the hype on ICO in the past was higher than IEO thats why IEO will be same as before when altseason really come |
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maybe stakenet is a good altcoins project, but not sure this project will be a scaling solution for bitcoin and ethereum my friend
i hope you will do more research with stakenet
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Are you getting prepared for a new altcoin season already or you still thinking that altcoins aren't going to start pumping soon? Well there is 90% chance that altcoins will starts bullish trend after bitcoin does it's thing to a new ATH, whales also have a role to play here too so here are best top altcoins I believe are good enough to ride the altcoin season
1. Ethereum
2. ChainLink
3. Bnb token
4. Polkadot
good choice, i believe all altcoins above will create new high next year, because this year is the year for bitcoin my friend thats mean now is the time to collect more good altcoins  |
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What do guys think of ChainLink's long term price prediction? Do you recommend, if someone bought it @ $1.5 better to sell and buy back at correction? Worried, What if there is no correction?
chainlink is a part from the best altcoins in this industry, and this coin reach ATH when the hype on defi show up because this coin known as the best defi project now, so i think its better to sell a half to take your profit then hold a half until this coin break the ATH |
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I have Many favourite project. But my First choice is Bitcoin. Bitcoin is best coin for long term hold. Now many defi project doing well. But defi project is risky. But i like DIA project. I researched this project and i think this project best for future.
how about ethereum or BNB mate, because both altcoins is my favourite project besides bitcoin about DIA, this project still new, and usually the risk is higher if we investing in a new project except you already think about it |
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So many peoples number 2 coin for so long and some important market players know it. I cant see the fud working forever, but it sure is frustrating to be a Monero fan  if you believe to any crypto project especially monero, i think we don't have any reason to be frustration my friend because FUD will always come to any cryptocurrencies project for me monero will break its ATH soon or later |
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While I acknowledge that anything is possible, specifcally in the world of cryptocurrency. TRX reaching, or surpassing $5.00 in value has been on my thoughts recently...
I have read predictions from most Trx adopters saying by December 2020, trx could be $5.00 in value. How they arrived at that, I do not know.
Can Forum users have a say on this?
few days again we will meet december buddy, but the price of trx still far away from $5, and maybe trx will never touch $5 because the supply is too huge buddy, so stop thinking about $5 for 1 trx |
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Nimbus platform is going to update their ecosystem for a DeFi protocol. it will be interesting https://nimbusplatform.io/defiTake a look to this project. i already take a look the site link above, but i can't find any whitepaper to read my friend would you like to write the whitepaper link here, so i can read it before decide to drop my money in your project |
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I have seen many exchanges have launched their own token like Binance with BNB, Idex with IDEX, Hotbit with HTB, Yobit with YO etc. where exchanges use their own tokens as another way to pay fees to support token. In addition to it, different strategies are used to create a hype like decrease in supply etc.
But if an exchange goes through a hard period of time and shuts downs then ultimately that token will come to its end because there is no community other than that exchange supporting the token simply because it has no usage outside the exchange.
According to me exchanges should promote the usage of their coins/tokens outside the exchange to build a community in support of it. If your community consists of huge individual entities who believe you then a great community can be formed. Otherwise lack of applications would lead these things to disaster.
good idea, but its better to increase the security system of the exchange, because most of exchange now become the target from hackers if the security is good, people will trade in confidence without any doubt and for sure this will increase the trust from traders to buy the exchange tokens buddy |
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of course most of altcoin price in bitcoin terms will go down because bitcoin pump now
but not in usd terms, maybe if you have a lot of bitcoin, this could be the right time to buy alt with your bitcoin buddy
indeed, but you should wait for a confirmations, because if bitcoin price continuesly growing alt price in bitcoin terms will down more because people will move their altcoins to bitcoin as well |
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A piece of news said that "Ripple Co-founder Jed McCaleb sold 1.20 billion XRP since 2014," My question is how can a coin price raise when its founder selling the massive amount coin. 1.20 billion is a big amount, and it directly affects XRP price. Maybe it is one of the main regions XRP lost about 44% of its value in 2019. All-Time High $3.84 USD (Jan 04, 2018) All-Time Low $0.002802 USD (Jul 07, 2014) Current $0.278976 USD What do you think we still hold and wait for the bull or move to others, I'm still confused?  xrp will grow, but will not high as ethereum buddy so, i suggest you to sell your xrp then buy ethereum, because ethereum has brighter future rather than xrp |
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Hello everybody,
I am so confused that nobody started this section earlier? Nobody heard about new DeFi project named UNFI? Binance launched farming this token before its going to be listed (18.11.2020).
As I found some information, starting price "should" be somewhere around 0,18$ per 1 unit, but dont take me seriously, because there is nothing much about to find.
What do you think? New great oportunity or just pump and dump?
did you serious about this " binance launched farming this token before its going to be listed" there ? because if that news true, the price of UNFI will soar mate |
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Hello everyone, I want to discuss the price of XRP which is one of the old coins that if BTC.D rises to above 68, then Altcoins will crash so hard, as well as XRP and when it crashes it's the right time to buy altcoins, what do you think? if anyone can give an chart/TA it is very helpful. Thanks
maybe altcoins will crash if bitcoin dominance above 68% but not so hard man,, because most of good altcoins will survive and follow the movements of bitcoin even in slowly but surely and shitcoins will gone for sure |
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YOUC is one project that suffered a major dumped in the market, some blame it on bounty hunters because the dumped happens on the time that they are distributing their bounty rewards. $0.262419 -98.4% Sep 15, 2020 (about 2 months) it dropped $0.00071726 493.9% Nov 07, 2020 (6 days) Now it past recovering as of this writing $0.00423788 61.5% I'm glad I'm still holding my YOUC and even bought more, YOUC a good example of project recovering from dump because of it's potential What do you think will it recover and even go to the moon?Here is the thread of YOUC dumping discussion. I guess bounty hunters really kill projects for me recovering from the dump is if the price of YOUC can reach the basic IEO price mate and its still far from that level right ? |
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I'm just trying to do my part, I know many won't care and some don't even bother to read anymore, they are just here for bounties, here is for those who cares about reading and learning.
Stay away from the following exchanges, I have bad experience with them already and I can still see few people getting caught in same trap
1. Vindax
2. Systemkoin
3. P2PB2B
4. Latoken
Not just for fake volumes and watched trade but scams, lose of funds, swapping of withdrawal addresses, you name it, have a great day
thats why a lot of people suggested to trade only in TOP exchange with good volume such as binance and bittrex personally i never trade in all the exchange that you mentioned above |
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Is the leveling (and steadying) of Bitcoin a sure sign that an alt season is about to come?
Does anyone think there's anything to worry about with regards to growth being too fast and another potential "bubble" situation?
not too fast mate, as you can see a lot of good news coming to crypto right ? and the impact will increase the demands my friend, then when the demands grow, this will push the price up also i don't see any potential bubble situations, this is pure movements because a huge demands coming to crypto space |
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BNB VS Eth - Invest in ETH since BNB is centralized
Eth is soon launching its version 2.0 but the fact is that that many blockchains are based in ETH, ETH is open source and less centralized despite the fact that binance has a working product (its centralized exchange) and its lending and dex platform. While the deFi will make the ETH bigger as you need ETH to lend the deFi tokens. So it is time to make your investment in ETH instead of buying BNB tokens which may fail anytime.
invest in both altcoins will be better buddy, centralized or not binance coin has a lot of potential to grow more in the future, especially with burning actions in this altcoin |
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