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201  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Sell or keep holding HEX? already gained 50x on: October 16, 2020, 04:21:20 PM
The undisputed market capitalization of the NEX cryptocurrency at the level of $ 1.5 billion has a very strong impact on investors. In addition, in almost six months, NEX showed up to 2000 percent growth, but you need to be aware that such large-scale growth rates cannot continue indefinitely. Probably not the best time to enter the NEX today. But if you are satisfied with small, then there is a difference from today's price of $ 0.004123 to the previous high of $ 0.007728, thanks to which you can get a little income.
202  Economy / Economics / Re: Best Solution for taxes on: October 15, 2020, 03:45:15 PM
One way or another, I have a positive attitude to taxes and it is important that they are not disastrous for business and for an ordinary person. All taxes fill the state budget, which finances social programs, government services, and the army. And if we talk about taxes for a cryptocurrency user, then everything depends primarily on the specific legislation in the respective country. In Ukraine, where I live, there are certain minimums of funds that I can comment on with cryptocurrency in Fiat, while these transactions will not be taxed and I will not even be required to provide passport data.
203  Economy / Economics / Re: How can Bitcoin help build a digital global? on: October 15, 2020, 03:17:58 PM
I believe that we are already on the verge of a large-scale worldwide implementation of cryptocurrency in human everyday life. And if China and the United States are still at war with each other on the political and economic battlefield, then the European Union has already launched an experiment on the implementation of the digital European currency on October 12. The European Union has a very large payment system, which when using the crypto euro will attract a huge number of users to the cryptocurrency market. But you need to take into account the fact that no matter what national cryptocurrencies are created in different countries, including China, Bitcoin will somehow be an international decentralized cryptocurrency, offering independence to each user.
204  Economy / Speculation / Re: Why Bitcoin is rising suddenly ? on: October 13, 2020, 01:37:16 PM
To date, almost all rated cryptocurrencies show green in the cryptocurrency market. Of course, based on such indicators, you can offer any reasons for such activity of the cryptocurrency, especially including bitcoin halving, pandemic and economic crisis, as well as depreciation of the national currency. Nevertheless, it is precisely the changes in BTC capitalization that give a real answer to the question posed. In addition, along with the decrease in Bitcoin volatility, the instability and tension in the world is increasing, which drives large investors, including institutional capital, to enter the cryptocurrency market.
205  Economy / Speculation / Re: Small dip in BTC price after Trump stimulus tweet on: October 13, 2020, 01:16:36 PM
I believe that Donald Trump deliberately makes such statements because he expects a negative impact from his statements on the cryptocurrency market. His main opponent Joe Biden is very active in using cryptocurrency in his political activities, which is aimed not only at receiving dividends, but also at black PR against Trump. Although he does not own any cryptocurrency. Of course, this activity is not advertised, but there is a lot of information about this on the net. I believe that in this way Trump decided to disrupt the financing of his competitor Biden.
206  Alternate cryptocurrencies / Altcoin Discussion / Re: Which wallet do you think is the best? on: October 12, 2020, 02:16:49 PM
Trust wallet for now, has many advantages, I will not compare it to other wallets.
but I suggest you try it. it is very practical and easy to use, you will understand after you try it I guarantee Smiley
The main advantage of TrustWallet is that a user who logs into a wallet using a mobile device does not need to enter a secret key or a password with a file key each time in the browser, where phishing sites can steal all secret information. Therefore TrustWallet is more secure for the common user. But Coinomi has also proven itself very well, since its functionality involves storing various cryptocurrencies, including bitcoin.
207  Alternate cryptocurrencies / Altcoin Discussion / Re: Can I 'delete' useless tokens from my wallet? on: October 12, 2020, 01:23:55 PM
Previously, the cost of a transaction on the Ethereum network was very low, so you could use a very popular solution to the problem, namely, send all unnecessary tokens to the wallet, which will act as a trash can. But today the process will be too expensive. Nevertheless, there is a way out even today, since not only TrustWallet, but also the official MyEtherWallet provides functionality that allows the user to disable unnecessary coin balances. I believe that today the need to get rid of unnecessary tokens in your wallet has disappeared.
In addition, one must take into account the fact that today there are still free distributions of tokens of very promising projects to wallets that have high activity.
208  Alternate cryptocurrencies / Bounties (Altcoins) / Re: SWAPHUB Bounty Campaign ($100,000 in Tokens) on: October 11, 2020, 03:20:23 PM
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209  Alternate cryptocurrencies / Altcoin Discussion / Re: I like to collect the token on: October 11, 2020, 03:05:44 PM
In almost 5 years, I have collected more than 150 different coins that are stored in my wallets. <snip>
But to be honest, today there are such projects that after listing you can sell a token for a certain period of time, and then either the project dies or no one is interested in the token, besides, the price drops a hundred or a thousand times.
Nice to hear that from an experienced altcoin trader.
It's pretty safe to say that the possible reason why these new tokens from current recent projects dies is because there are too much of them popping out everywhere.
Lots of tokens to invest, lots of competition, that's why it cause most projects to die eventually after launching.
I won't collect any tokens based from ETH unless they have value and it's free. Grin
I am not going to invest my personal funds in projects that have not yet shown themselves in any way and are dubious in the cryptocurrency market, because I cannot afford such a risk. To be sure of the future results of my investments, I buy only the top-rated cryptocurrencies on CoinMarketCap, and all other tokens I receive through the company's Bounty reward and airdrop. Therefore, their loss is not too disastrous for my household budget.
210  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Any one know what will be the future of wazirx coin. on: October 10, 2020, 04:34:05 PM
One way or another, India is a very serious player in the cryptocurrency market. I mean exactly the citizens of India, since their activity in investing in cryptocurrency is very large. And if we take into account the factor that it is thanks to the WazirX exchange, which also offers the user to work on the p2p principle, because this option is more profitable for exchanging rupees for cryptocurrency, given the government's policy towards cryptocurrency. Based on this, the own token of the WRX exchange has very great prospects, and today at this period it has entered the green zone and shows more than 5% growth.
211  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What You Think About UNI coin Is It good to Hold It For Longterm perspective on: October 10, 2020, 03:22:49 PM
Today I received a message to my email address with an offer to participate in an air drop, which looks like this - "Get 400 UNI By Participating in AIrDrop from UNISWAP". In this case, you need to download the software on your Windows and fill out a specific form, which will give me 400 UNI coins worth $ 1600. Guys, please tell me, should I not do this or am I endangering?
I also received the same message and tried to register as required. At least nothing superfluous was required from us, but only to correctly provide your Ethereum wallet address and in the appropriate Google form I had to indicate the email address, but I could not do anything, because my computer rejected all the actions that I wanted using the antivirus do it on the "get-uniswap..com" resource. I was alarmed by this and I stopped further attempts to do something.
212  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will $XRP be safe for long term? on: October 10, 2020, 03:03:49 PM
If we talk about the long-term prospects of Ripple, then one must take into account the fact that this is an official organization, which is already recognized at the moment by large large banks and which fruitfully cooperates with Ripple. Even this fact speaks of good prospects for the organization in the future, moreover, this coin will not cause mistrust on the part of states and will always be supported by the banking system.
213  Economy / Economics / Re: The only thing goes up is debts! It’s inevitable! on: October 09, 2020, 12:04:07 PM
Its the sad truth now. Everyone in this world had been affected with this covid-19 crisis. Due to job loss, some individuals are taking some loans to cover up all the daily spending, especially the bills and the businesses to reopen.
Debts indeed is the only thing that grows larger now. Lending money is our only hope to survive, as we are waiting for the gradual opening of some industries. Even our country's governments has a lot of debts in the world bank now just to give assistance to all the needy, but still not enough to a very populous country. That is why, we also need to strive hard and be productive whenever possible to pay our debts and not be drown totally.
Today, the problems are only getting worse due to various reasons, and for example, the national currency is depreciating at a large rate in the country, while the level of GDP has decreased by several percent over the past six months. In addition, the state budget for next year is practically supplemented by loans from the International Monetary Fund, and the situation continues to deteriorate. At least I have a very high hope for cryptocurrency assets as a lifeline in which I have invested my savings.
214  Economy / Economics / Re: Will African countries be developed? on: October 09, 2020, 11:42:47 AM
Leadership and system of Government in Africa will always be the problem to growth. A system of government that can check any leader with corruption aim and reduce leader access to Government money, politics should recieve very low funding to attract administrators and technocrats in office. Most of the developed countries do not have 10% of what they have in Africa and they use 90% of those things in Africa at a cheaper price. Who do they pay for those things? and they deny the citizens. The system is just bad
The biggest problem in African countries is corruption. If at least the legal system of power, including the judicial branch of power, works at least 50% of its capabilities, then the government will have no choice but to make direct changes in the economic and political system of government. In addition, every resident of the country should understand that not only his future, the future of his children, but also the future of the whole country depends on his fox choice. It is people who give power to those people who then lead the country.
215  Economy / Economics / Re: I lost my job, how about you guys? on: October 09, 2020, 11:22:43 AM
I didn't even have to quit my job as I had to close my own business. Due to the strict quarantine, I was unable to pay rent for the premises and my regular clients have long since given up visiting public places. Thus, I will have to start all over again.
216  Economy / Speculation / Re: Is it alright to invest with bitcoin at the current market price? on: October 08, 2020, 06:44:10 PM
Last year, Bitcoin showed the worst results compared to this year, but nevertheless, the Bitcoin yield was 92%. According to statistical data, these indicators of Bitcoin surpassed even more familiar assets for investors in terms of their profitability. I believe that we should take more seriously the situations that definitely have an impact on the bitcoin rate and, first of all, we are talking about halving, geopolitical risks along with the depreciation of national currencies and the election of the US president. So perhaps today one of the last chances to invest profitably in Bitcoin. profitable to invest in Bitcoin.
217  Economy / Speculation / Re: Sell car for Bitcoin on: October 08, 2020, 06:18:50 PM
Despite the fact that the topic is already quite old, I believe that the idea is still relevant, when you can sell unnecessary things and buy Bitcoin for the proceeds. This is still the best way to transform unnecessary junk into a fairly promising investment, especially if you put them in long-term storage. One way or another, if the user has a goal to buy bitcoin, then it is better to spend not real money, but to acquire cryptocurrency at the expense of unnecessary things.
218  Economy / Speculation / Re: Bitcoin, Stocks Fall as Trump Tests Positive for COVID-19 on: October 08, 2020, 05:52:42 PM
In my opinion, it is not personalities that play a big role for the cryptocurrency market, but the political direction that the new US government will pursue. The presidential election will in one way or another affect not only the cryptocurrency market, but also the stock market, since the United States is a central player in the global economic political arena.
219  Alternate cryptocurrencies / Altcoin Discussion / Re: Does bounty still kind of worth on 2020? on: October 07, 2020, 05:08:10 PM
Perhaps I will not find good words to explain why the Bounty company is still needed and whether the Bounty company will be relevant in the future, but nevertheless the fact remains that even fraudsters spend their money and efforts in order to attract as much attention as possible to your project. So, one way or another, there is a benefit in bounty companies, and if we talk about original and genuine companies that are aimed at the end result and a good product that will be appreciated in society, then the bounty company is an integral part of promoting the project and for its popularization in the community of cryptocurrency users.
220  Alternate cryptocurrencies / Altcoin Discussion / Re: I like to collect the token on: October 07, 2020, 04:44:15 PM
In almost 5 years, I have collected more than 150 different coins that are stored in my wallets. In some, there is no longer any hope for implementation, and some tokens still have not lost their relevance and can show good results in the final development of projects and in the stabilization of the cryptocurrency market. But to be honest, today there are such projects that after listing you can sell a token for a certain period of time, and then either the project dies or no one is interested in the token, besides, the price drops a hundred or a thousand times.
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