nothing is impossible, but when viewed from binance, the project can be said to be successful and continues to grow and has even become the largest centralized exchange in the world.
so the probability of binance failing is very small.
I agree with you. If binance is to fail, then a project better than binance has to come. I am not seeing any such project at the moment. And even if it comes, it will not be possible in the next 5 years. you are right about this. It's hard to imagine any new project bigger than Binance. binance has it all, a great exchange, smartcontract platform and a professional team of developers. this made them so strong that it was hard to imagine that they failed. |
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It started before you even knew it. The bear market has started, but that won't make the price of bitcoin fall very deeply. so far bitcoin's resistance point is at 30k, and it's been a few weeks it's still holding up. this proves that bitcoin is still quite strong. maybe this situation will last a long time. bitcoin will go up and down between 30k to 40k.
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Hello Guys! What do you think that etherum is best pick of 2021 or BNB is best for 2021?? Give your opinion I think that etherum is best choice of 2021.
the ethereum network is still good, and it will get better when EIP-1559 is implemented later. this can make the transaction normal again. therefore there is no reason not to use ethereum in the future. binance smart chain is a new and inexperienced network. there could be problems in the future like what happened with ethereum. and I'm afraid they can't handle it. |
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Yes, because everyone will learn from experience. and because of this the system will form naturally. people will become more mature and start thinking about not paying attention to what influencers are doing. This immune system will be created when the people who have been affected have learned and realize what they did was wrong.
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why not, if people want more stable coins then stablecoins are the right choice. and bitcoin can be an option other than a means of payment. but still even if stablecoins are mass adopted, bitcoin will still be the number one crypto.
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I doubt about that. the market will always be affected when people like Musk talk about crypto and bitcoin. they have great influence because of their followers. the only thing that will happen is boredom. whenever such people talk too much, people will start to get bored.
like this time where Elon's influence has started to fade as people are tired of seeing what he has to say.
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only fools say ethereum is shitcoin. regardless of his judgment, it would be strange to say the smartcintract platform is a shitcoin. isn't it very clear that smartcontract is driving mainstream adoption. Many altcoin projects released today use smart contracts. so what they say is a mistake.
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1) Is it worth listing on their exchange when we already have decentralized exchanges like uniswap and pancakeswap where we can create a exchange within minutes.
is still feasible and it is needed to increase investor confidence. has a lot of exchange support, especially big exchanges make the coin more well known. 2) in case we decide to list what kind of exposure are we getting from such exchanges?
The daily trading volume will increase, providing a greater opportunity to pump, and the marketcap of your coin will increase significantly. so there's nothing wrong with listing the big exchanges. it is a good opportunity, to create hype for your project. |
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Only coins that do things will be valuable.
That's the important point  Smart contracts are the future and Platforms that have the most active developers in creating applications with significant utility for their users will have a bright future Invest in use cases not just because of the speed and cost of using them. IMO yes you are right, in the end the coins that survive are the ones with the biggest real use cases. and the smartcontract platform is one of the concepts with the largest usage, ethereum, bsc, tron, Cardano, Polkadot, and EOS are the top-ranked coins. they have something in common with each other, namely the smart contract platform. so if you want to buy a long term coin, it's better to buy a coin with a concept with a large use. it will remain valuable for a long time. |
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no, he's had enough of manipulating the doge. and I don't want any other coins like this. this just provides the stage for shitcoin. I wish Elon was more interested in bitcoin. this would be good for the entire market, rather than him paying attention to just one altcoin.
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I agree with you. EIP-1559, could make ethereum even better. with this application the fee will not be as expensive as last month. the impact of this maybe the price of ethereum will increase. and this could be the turning point of the ERC20 network, where previously ERC20 lost in prestige to BSC.
Hehe, I laughed a little when you said earlier that ERC20 lost prestige to BSC.  Do you know who was born between ERC20 and BSC first?  if you just woke up, then I will totally understand it, because every year ERC20 has never lost in any side and has always been the best in the crypto space, even before the news about EIP-1559 that could have an even better impact on Ethereum in the future. I know the ethereum network was released before BSC , and is the second largest crypto alongside bitcoin. but didn't you realize that in the last few months all the new projects released on average use the binance smart chain. and bnb can go up more than 100x, because of this. all that happens when the gas fee on the ethereum network is very high. So my statement about erc20 losing prestige when gas fees in the network rises is very reasonable. many people complained at the time, it even took 30$ just to make a transaction on a DEX. I'm telling you not to just look at the price, but look at the performance. when viewed from the price, the price of etherum goes up, but it's not in line with their network performance. |
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bitcoins will always have value, so don't worry about the china ban. crypto miners are already moving their assets outside of china and it's not a big problem. A few years ago, China also made almost the same ban on crypto exchanges, as a result, many crypto exchanges originating from China moved their offices. and at that time many said crypto and bitcoin were nearing their end. but look today the market is fine. so don't worry too much about this problem.
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From my understanding, EIP-1559 will implement a "base fee amount" through the main protocol. In short, this improvement should disallow miners to manipulate a single fee with the purpose of accumulating more fees from other ETH transactions. Extra fees will be internally burned in the Ethereum blockchain.
I heard that some famous cryptocurrency analytics speak well about the "London" hard fork scheduled for July 2021, because transaction fees will be more predictable. They even say that EIP-1559 is a turning point in the entire ecosystem.
As far as I can see, transaction fees are currently not so high as they were two months ago, so it seems that someone has already stopped spamming with ETH transactions.
I personally assume that the price of Ethereum will increase after this improvement is implemented.
I agree with you. EIP-1559, could make ethereum even better. with this application the fee will not be as expensive as last month. the impact of this maybe the price of ethereum will increase. and this could be the turning point of the ERC20 network, where previously ERC20 lost in prestige to BSC. |
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What are your thoughts about these 2 coins' future and is it possible that Musk will decide to the hype on something else also? Green coins are getting more popular. Why doesn't he mention any of them? Which one do you think needs such a kick?
I doubt that he will be tweeting about crypto again anytime soon after the many criticisms that have been directed at him. but even so, I still believe there will be another bull. like now bitcoin is starting to try to return to the price of 40k, after a few days yesterday it fell below 33k. if bitcoin can stay at the current price, maybe there will be further bulls that will occur. |
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With all of the hype surrounding "De-Fi" and NFTs, it looks like old coins like Peercoin, Primecoin, and Quark have been left in the dust. This is sad, considering that the aforementioned coins have a proven track record of stability and reliability. New coins are usually less secure than old ones. Despite the low interest/demand for old coins, they're still actively traded on the market. I'm wondering whenever it's worth buying and holding old coins for the long term. Primecoin is one of its kind with a PoW algorithm that contributes towards the discovery of prime numbers. It's a pity other crypto projects haven't copied its model. Your input will be greatly appreciated. Thank you. It depends on the coins, some of the coins are still in the top 10 and the number one coin is still the original coin and the oldest coin in the industry Bitcoin, and Dogecoin is also an old coin and it made a huge wave and become the trend because of Elon Musk so we must not ignore these old coins they are still worth investing because of their huge community. indeed the community is one of the reasons the old coins are still in demand. In contrast to new coins that don't even have loyal fans, fans and investors of old coins appear solid and loyal. that's why until now the old coins still have trading volume and remain in the market. So I think it's still worth investing in. |
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For me, every year Bitcoin is on-trend. Every year there is a lot of adoption for Bitcoin.
Even the price of Bitcoin for a certain year is not that so good as pumping, the trend is still there. Lots of good news coming in Bitcoin every year and I believe it will continue to these coming yearrs.
You're right, the bitcoin trend will always be there and in the future it will be. there will always be good news for bitcoin, but not all can make a high increase. but one thing that everyone should know bitcoin fundamentals are very strong, so it doesn't matter if the price is currently down, because the bitcoin trend will always be there. |
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...What should I do? Any other ways to earn free money?
Based on the fact that you hold BNB, it means that you fully trust the Binance exchange. Therefore, you should not take them outside the exchange, despite the apparent simplicity in additional earnings. There are enough programs on Binance that allow you to earn extra income for holding BNB, and they are 100% legal. yes you are right, you can earn passive income just by holding BNB coins. and this method is among the easiest and we don't have to pay too much attention to this. |
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I want to know everyone’s suggestions.
I reckon the best cryptocoins to buy as long term investments during bear markets might be those exchange utility tokens like FTT and BNB. Exchanges always collect revenue in bull and bear markets and this gives the tokens some fundamental backing. Also, the utility of those tokens in their corresponding exchanges create a demand for them.
yes but it's still not enough to face the bear market. let's look back when bnb faced a bear market. at that time bnb fell from 35$ to 5$ during the 2018 crash market. although bnb had real uses, it was still not strong enough to withstand the pressures of a bear market. |
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Cardano will overgrow Ethereum only if Vitalik's team completely stops working and developing their ecosystem. But I don't think this is gonna happen, Ethereum project is too powerful already.
Vitalik has respected Cardano and said the Charl's project brought many fresh ideas to crypto space. And I wouldn't be surprised to know that he million of ADA in store. And here I'm supporting his way of thinking compressed into phrase like this - "competition among blockchains is healthy since the shortcomings of one provide a learning experience for the other." yes you're right, but still that's not a reason for cardano to be superior to ethereum. it is very difficult to make a coin that is superior to ethereum, because ethereum is just like bitcoin, these two coins are special. |
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What do you think and What do you expect to happen in the near future for Cryptocurrency?
I also think the market has entered the end of a bullish trend. I believe this is because bitcoin and other big coins have not shown any signs of recovery to date. My worries have only increased with the amount of bad news these past few weeks. and my hope for the near future or even in the future is, I hope the market crash is not too severe. I hope the price doesn't go back to before the bull market started. if that happens I'm afraid the crypto market won't have the strength to bounce back. |
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