I disagree with your opinion. Legendary rank on this forum is no longer possible to achieve. Therefore, it is unlikely that the owner of an account with such a rank will get involved with a fraudulent ICO project and risk getting then several dozen negative trust and thus ruining his account.
Therefore, this rank, if he is a manager of bounty ICO campaigns, I will trust more than any newbies.

When stablecoins first appeared, there were a lot of negative and conflicting opinions about them. I have now re-read all the comments here, there is not a single negative comment about stablecoins. Everyone recognizes that stablecoins are a good and necessary tool for trading cryptocurrency and, in general, in all cases, a good gateway between the common currency of states and cryptocurrency.
In what follows, we will only be forced to distinguish between different types of stablecoins. For example, by the form of ownership: private, various kinds of commercial, state (that is, stable coins of their central banks), regional (stable coins of several states) and others. We will choose in terms of their reliability, practicality, liquidity, and safe use.

That's for sure. The more time passes from the date of the division of bitcoin in half, the less likely it is that the price of bitcoin may fall to the lowest possible values. A correction is, of course, possible, this is a normal growth process in the cryptocurrency market.
Over the past hour, the price of bitcoin has dropped from $ 11,938 to $ 11,303. Is it just another wave or is it the beginning of a price correction?

An hour ago I looked at the CoinMarketCap table, the price of bitcoin was $ 11,938. that is, almost twelve thousand dollars, and now it has dropped quite sharply to 11,303 dollars. Ethereum was also priced at $ 407 and has now dropped to $ 374.
Have the whales decided to start fixing their profits and dumping bitcoins after all? After all, there was information that earlier they transferred their bitcoins to exchanges. Well, let's see what happens next.

Perhaps this will be the right decision and you will receive a good profit from this sale of 35 percent of your bitcoins. True, bitcoins were sold when their price was 11,000 dollars, and now the price of bitcoins is 11,540 dollars, that is, now the sale would be more profitable. However, one cannot count on making the most optimal decisions. The cryptocurrency market is too unpredictable.
It is possible that bitcoin will soon go to correct its price. They say that whales are already transferring their bitcoins to exchanges. Despite this, bitcoin will grow again after a while.

Finally, South Korea has decided on the size of the tax on profits from activities in the cryptocurrency. Twenty percent of the profit, if it exceeds $ 2,000 a year, is not that much. There are states that have set a much higher interest rate, and there is where it is lower. It should be borne in mind that governments are still experimenting: after all, if the tax is set too high, then people will evade payment, given that transactions with cryptocurrency are very difficult to track. Therefore, the amount of the tax will still change. The main thing is that the cryptocurrency continues to be legalized by states.

The transition to the use of only decentralized cryptocurrency around the world is impossible for our society. As long as there will be different states on planet Earth with different views on the world economy and politics, as long as there will be national money, national armies and everything else that is the inalienable attributes of the state.
Decentralized cryptocurrency can become a single currency on Earth only when there is a single superstate and then, after solving some important issues. Until that time, decentralized cryptocurrency will be beneficial to society if it is used alongside national money.

It is easier for people to buy cryptocurrency when it grows in price, hoping that it will continue to grow for at least some time. At the same time, when people see that the cryptocurrency is falling in price, the fear is born that it may still fall very low and they will incur losses. To make the right decisions, you need to know well how the cryptocurrency market works. Here, even experienced traders often make mistakes in the trend of rising and falling prices in the market, what can we say about people who do not have enough experience.

Cryptocurrency can be counted on in the sense that with the coming global economic crisis, it should show itself as a financial instrument that is not subject to inflation of conventional currencies. In practice, this means that when the currency of states due to the coronavirus pandemic falls in price and inflation rises, and the cryptocurrency does not experience such a fall, then people will start investing in cryptocurrency and therefore its price should rise.
This will be the first time a global economic crisis has broken out with the existence of a cryptocurrency. Well, it looks like we will soon be able to see if such reasoning is correct.

The US economy is special in the sense that the dollar is not backed by commodities and foreign exchange reserves, and at the same time, the dollar is used as a currency throughout the world. Therefore, the United States can artificially improve its economy by uncontrolled printing of paper dollars. In the United States, they have long been living beyond their means and in fact in debt. However, by printing dollars, they can quickly rectify the situation.
It will be much more difficult for other countries to get out of the actually begun economic crisis.

Most altcoins are tokens that serve some particular specific business. Such tokens have limited circulation and scope of use. Anyone can create new tokens, so no one can stop their development, including their number. We do not need to know all the altcoins, it is enough to select only a few of them, which, in our opinion, have good prospects for growth. A large number of cryptocurrencies are needed as this creates conditions for normal competition.

I am also pleased with the rise in the price of ethereum, since some time ago I exchanged my tokens received as a result of participating in ICO bounty campaigns for more than a dozen of this coin. I was hoping for a price effect from introducing Ethereum 2.0 improvements to this coin. It looks like this is starting to happen. Since July 21, I have seen a good rise in ethereum from $ 236 to the current $ 317, although its price has already climbed to $ 327. Hope this is just the beginning.

I have the same problem. I tried to log into MyEtherWallet.com from my mobile from my bookmarks (I have several of them in different ways of using this wallet), but everywhere the same thing: only the wallet name is loaded from above on a blue-gray background, and the page is empty and endlessly shows loading. I cleaned my phone, turned off all running applications, but the result was the same. After that, I decided that I had some temporary difficulties with the Internet. Now I see that many have the same problems. It calms down a bit. Apparently, some glitches in the wallet itself.

I feel the same way. DeFi projects may be good, but I would like to take a look at them for a while. It's somehow more customary to rely on profits from bitcoin, ethereum and other top altcoins. DeFi projects take time to establish themselves. Therefore, I will refrain from their passive income for now. Overall, however, it is very tempting.

Now the price of ethereum is growing much faster than the price of Bitcoin. A significant portion of altcoins are now enjoying good growth. At the same time, bitcoin capitalization has dropped dramatically lately. Only today, having dropped to 60.2 percent, its level rose slightly to 60.9 percent. This drop indicates that investors are interested in altcoins, and above all ethereum.

The fall in the price of cryptocurrency was only in the initial period of the appearance of the coronavirus, when people urgently needed money to prepare for the upcoming quarantine restrictions. In the future, the price of the cryptocurrency grew constantly until it recovered almost at the same level.
The collapse of the world economy will lead to a global economic crisis and large inflation of conventional currencies. Under these conditions, a decentralized cryptocurrency should show itself as a currency that is not subject to normal inflation. On the contrary, people will invest in cryptocurrency to save their money from inflation.
In this regard, the economic crisis can become a powerful impetus for the rise of the cryptocurrency market.

Indeed, private businesses, especially small and medium-sized businesses, have suffered a lot of losses due to measures to combat the spread of coronavirus. In my country, more than half of small private businesses have closed. Since March, when governments began to take tough measures to combat the spread of the coronavirus, people have practically lost their savings and now people's purchasing power has dropped to a minimum.
Outwardly, it looks like a conspiracy of the world government. The colossal damage to the global economy was caused not by the coronavirus, but by measures to combat it, which stopped production, trade, transport, and so on. In my country, in the spring, agricultural producers could not sell their goods, and the population could not buy food. As a result, a significant part of the food simply went bad.
On the other hand, mainly people who are complicated by other serious diseases die from the coronavirus. In my opinion, the danger of a coronavirus pandemic is too exaggerated.

More than 80 percent of states are now considering introducing national stablecoins, that is, their digitalized central bank currencies. This will be a good solution for both governments and cryptocurrencies.
The digitized currency of states allows for faster and more efficient payments and eliminates unnecessary costs of production, maintenance and disposal of paper money. However, on the other hand, the digitized currency, since this is already a type of non-cash payments, allows the authorities to clearly track the movements of any person's finances.
As a digitized currency, stablecoins of states have external similarities to cryptocurrencies and therefore interest in decentralized cryptocurrencies will grow. On the other hand, stablecoins of states will create some competition with cryptocurrencies as a means of payment.

In fact, such a decision is very positive for Russia and there could not be a more favorable solution for cryptocurrency so far. The Russian Constitution says that the only means of payment in the country is the ruble. Therefore, it was even proposed to establish criminal liability for the use of cryptocurrency as a means of payment. Only in the second reading was the criminal and administrative liability for this excluded. In order to allow the use of cryptocurrency as a means of payment,   first need to change the Constitution of Russia, and now no one will go for it.

Of course, Bitcoin can never replace gold. Despite the arguments presented here for their similarity, in fact they are more diametrically opposed than similar. Therefore, it is most likely that they can complement each other well and exist together. Gold has existed since the birth of our civilization and has always been a generally recognized value.