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no funds, less popularity, bad team, and too complicated concept. this is the fundamental reason why many old projects are dead or abandoned. and what's worse is that when it was first introduced it had the full support of the crypto community and a large investment fund. but they don't last long, once they start to deviate from the project roadmap it will slowly die. The projects that I remember are PundiX, Dent, Nucleus, and many other old projects that have large development funds but seem abandoned.
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until the ethereum 2.0 network is fully operational, it will have no impact. at the moment people still doubt the new Eth 2.0 Concept. they say Staked is unprofitable, too much risk to be a validator. but when the old network is completely abandoned, there will be a surge in demand in the market. so wait till next year you will feel the impact of ETH 2.0
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for now it's not very profitable. The low APR plus the very long time makes all of that unprofitable. and 32 ETH is a lot of money, Ethereum 2.0 is not like the usual PoS consensus system which can come out at any time. Once the deposit contract has been made you won't be able to get out. if there is a slight mistake you will lose. I think for the early years only whales will be validators because they have sufficient funds to do all of that.
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consistency
they would be of no use if they were inconsistent. There have been many projects in the past that had experienced teams, great advisors, large funds, and good concepts. but in the end it's all useless. when the development was running for several years all did not fit the roadmap. there are even such as dead projects, all because they are not consistent in project development.
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Please refer to below link to know detailed information about snapshot. I agree with you that there will be correction in XRP price after the snapshot but I am quite sure the price of XRP will not crash. I am long term investor and will sell it when it breaks ATH. I believe it will happen when BTC will stabilize around 20K and BTC domination comes down to below 60%. We are in crypto Business and it always comes with surprises. You never know what tomorrow brings for you. https://www.binance.com/en/support/announcement/78c11feba44d443998cf7a5329539e91I doubt XRP won't crash, right now the price is struggling to hold on to 0.5$. maybe soon the trend will reverse, because the passion to hold XRP is gone. after the snapshot people will definitely sell it. they must be scared, because in their mind XRP will fall again. so better sell it. and because many think that way the downtrend will come true. and about bitcoin dominance, I don't think it's going down any time soon. because when bitcoin started correcting, altcoins did not go in the opposite direction. altcoins are still on the decline. So this is also XRP's chance to survive the current price is very small, better try to think a little realistic. |
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The ethereum community is too big so it is difficult for Polkadot to compete with ethereum. There have been many projects that have been tried but in the end ethereum is still the best. Maybe in terms of features Polkadot can be said to be able to beat ethereum, but in terms of fans and the amount of support ethereum is still unbeatable. until whenever Polkadot can only be an alternative choice, and will not be number one.
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December 12th will determine whether XRP can stay at the current price or not. because the snapshot for airdrop spark will be done on that day. When I look at it, I doubt that Ripple is still priced at 0.5 $, because the market is not doing well. all coins have decreased. I'm sure this will have an impact on XRP prices towards the 12th.
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Currently there are many DeFi projects in Crypto INDUSTRIES. And they give their tokens in various reward programs. But which project to invest in is proving to be very, very difficult. So which issues should be considered for that.
too many current Defi projects so it may be very difficult to figure out which one is the best. but according to my experience, I always look at the trading volume. it doesn't matter if the project isn't that great, or the project team is anonymous. as long as their token has a trading volume, I will definitely invest there. but i never hold a token very long. every token that gets profit, I will definitely sell it. So it doesn't matter to me that the project is bad, has few exchanges, or a scam as long as I can get some profit I will invest there. |
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we don't have to believe in using it. It doesn't matter that the stablecoins are centralized. as long as it helps us, I think it can be ignored. I personally routinely use tether only to transfer funds from exchange to exchange. and there are no problems that make me disappointed. so I'm going to stick with stablecoins.
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CEX = KYC
DEX = no trading volume
which of the two is good?
I compromised more with CEX, because I had no problem with KYC. Maybe I have fear because my personal data is not safe. but as long as I choose an exchange with good safety and quality. I'm okay with KYC.
right now I don't really like DEX. especially with uniswap, i had a bad experience expecting this exchange. and after all the high transfer fees are also one of the reasons why I dislike DEX.
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It is hard to predict now because the market continues to fluctuate and this is what concerns Investors as this may lead to Bull or may Pull to bearishness. ETH had 635 last week https://coinmarketcap.com/currencies/ethereum/ so i think it won't take long to break that 800% since the ATH is almost 1,500$. With bitcoin prices being volatile ETH is also having some roller coaster ride and sometimes it reaches 630+ and then back to 575$ around. AT present it is around 590$ and price can swing either ways now as if bitcoin rises, ETH can even cross 650$-700$ by this year end beacuse of ETH 2.0. ETH2.0 is the biggest reason people buy ethereum in the market. once the new network was fully operational, ethereum POS Consensus began operating. so currently they are collecting eth. this will make the demand in the market continue to increase. I will not be surprised if the eth price will break ATH early this year. |
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today I read several articles. and I found an interesting article. the article was titled if bitcoin is sideways then it allows altcoins to rally higher. you can read it here> https://cointelegraph.com/news/sideways-bitcoin-price-allows-defi-ethereum-and-altcoins-to-rally-higherwhat I want to ask is what if bitcoin is not sideways ?. as at this time bitcoin continues its positive trend, BTC is past $ 16k. Will this put the altcoin market into trouble? I'm looking at ethereum, and some altcoins like nothing has changed. I am afraid that if the bitcoin trend continues the altcoin market will decline. so maybe now is a good time to sell altcoins before that happens. what do you think my choice is wrong? |
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After Biden has been declared the winner of the US presidency, there's a lot of uncertainty regarding to crypto's (and the mainstream economy) behavior during the next 4 years. At times, it's been shown that crypto prices move either up or down depending on certain events in the mainstream world. Some people say that in a Democratic administration, the stock market (and crypto too) will experience a constant uptrend in price. Others say the contrary when Republicans are in power. Since 2020 has been filled with uncertainty, anything could happen in the following months. This makes me wonder how will a Biden presidency impact crypto? Will crypto continue to soar towards new heights? Do you think that a Democratic administration will be much more friendly towards the crypto/Blockchain industry in general? Your input will be greatly appreciated. Thanks  I've seen this: https://twitter.com/ericinjective/status/1325198558929121280The problem i think here who is the president is not going to affect this market, i think we all have to agree that after a gloomy 2020 year with epidemics, we need to a lot of change things: economics, technology,.... And here i see crypto as one of the key factors to help change that, agree that everyone will have their own way of economic development, but i think what is the general trend cannot be changed. USA is an influential country in the world, so it's normal if every policy made by the president can affect the market. You can see that the first time Trump was inaugurated things changed. and I thought it would be the same as before. the problem is what policy will Biden take for the current crypto problem. Privacy and fraud in the crypto world have become an important concern in the USA in recent years. I'm afraid that Biden will make bad policies for the crypto industry in the future. like prohibiting all colors from using or trading crypto. |
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it is very possible. moreover bitcoin hasn't really stopped rising yet. but if XRP falls below 0.2 it won't last long. because there will be a wave of buy if it happens.
All possibilities are profitable, so don't think if XRP falls it's a problem. try to see from a different angle.
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there is no more altseason. currently the market is only for the best coins. The altcoin shit won't get a place in the upside this time around. ATH will never happen again, just look at it now even though the market is green but only coins like bitcoin, ethereum and other old coins have increased. the rest remains unchanged.
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7 weeks left, we still haven't hit $500
Never say never though I guess in the crypto world.
Best of luck to ETH. wonder if there hadn't been a misunderstanding as to what was promised from the Ethereum team this year whether we could have seen better price increases.
You can say never in this case lol. Bitcoin would have to be in the hundreds of thousands for eth to hit this price. That is just an insane number. The amount of sell orders in the $30-$100k will be great pressure on the price that will take time to bust through. And don't forget the bubbles. if the price rises very quickly, perhaps the tragedy of the past will repeat itself. and maybe even worse. forget about ethereum's high prices. this will never happen because the competition is very fierce. just look at ethereum's competitors began competing to create new innovations. and ethereum still can't solve the problem. |
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yes it is not safe, but it's better than storing it on your Hard drive or smartphone. actually the problem of hacking mostly attacks PC and mobile devices. for cloud storage as long as you use quality like icloud or google drive i think it's safe. and most importantly always be careful not to install or download files from bad websites.
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Honestly I never thought that there would come a time when a music based crypto project wi actually works, tell me how many of you guys knew that audio (AUDIUS) can be this successful? The token brings over 400% gains for investors, I always have thing for crypto music projects but I've been failed too many times, the last one that broke my heart was Moozicore, do you guys have any in mind? What's your thought on this?
there is still hope for the project on music. as long as the project development team is willing to put in the effort I'm sure the platform can be known by everyone. Unlike the Moozicore project, this project was so bad the team seemed to have given up on developing their platform. no updates, no information like a dead project. audius is one example of a music project that can be successful. |
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I see that Jacs is a mobile application, Can PC users also use JACS in the future?
if yes, this is great because there are as many PC users as there are Mobile users. Premium VPNs that can be used using crypto are very rare at this time or maybe don't exist yet. so I think this project can quickly reach users provided they have a good marketing strategy.
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there is a lot of speculation about what coins will go up next year, but I personally still believe in bitcoin and ethereum. these two coins won't disappoint, so it's better to invest in these two coins only. and forget all the speculation that exists today.
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